ABBOTT LABS COM 002824100 119000 1588913 SH OTR 1 807576 30367 750970 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 23425 189695 SH OTR 1 0 1402 188293 ADOBE INC COM 00724F101 38085 168345 SH SOLE 705 0 167640 AIR LEASE CORP CL A 00912X302 35165 1164090 SH SOLE 4875 0 1159215 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 658495 4683828 SH OTR 1 1511480 1584932 1587416 ALPHABET INC CAP STK CL C 02079K107 400405 373422 SH OTR 1 190230 7163 176029 AMAZON COM INC COM 023135106 370870 238734 SH OTR 1 118747 4485 115502 AMBEV SA SPONSORED ADR 02319V103 745090 185412991 SH OTR 1 60160714 65143449 60108828 AMERICAN TOWER CORP NEW COM 03027X100 217405 1330704 SH OTR 1 637783 23996 668925 AMPHENOL CORP NEW CL A 032095101 31440 388030 SH SOLE 1625 0 386405 ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 67715 1028937 SH SOLE 4309 0 1024628 APTIV PLC SHS G6095L109 29610 480919 SH SOLE 2014 0 478905 AUTOHOME INC SP ADR RP CL A 05278C107 87060 1086933 SH OTR 1 265424 414253 407256 BANCOLOMBIA S A SPON ADR PREF 05968L102 249905 6397105 SH OTR 1 1656108 2558850 2182147 BAOZUN INC SPONSORED ADR 06684L103 4300 147140 SH SOLE 0 0 147140 BECTON DICKINSON & CO COM 075887109 266410 1142417 SH OTR 1 566589 21285 554543 BERKSHIRE HATHAWAY INC DEL CL A 084670108 96695 316 SH SOLE 0 0 316 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 274435 1284913 SH OTR 1 855138 32257 397518 BOOKING HLDGS INC COM 09857L108 256705 146655 SH OTR 1 72260 14136 60259 BOSTON SCIENTIFIC CORP COM 101137107 57975 1640472 SH SOLE 6870 0 1633602 CARNIVAL CORP UNIT 99/99/9999 143658300 495 10024 SH SOLE 0 0 10024 CASEYS GEN STORES INC COM 147528103 26590 207507 SH SOLE 869 0 206638 CME GROUP INC COM CL A 12572Q105 393565 2020958 SH OTR 1 1032952 39029 948977 COCA COLA CO COM 191216100 72595 1533163 SH SOLE 6341 0 1526822 COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 5755 94558 SH SOLE 94558 0 0 COMCAST CORP NEW CL A 20030N101 58840 1728107 SH SOLE 7237 0 1720870 CONSTELLATION BRANDS INC CL A 21036P108 47310 294187 SH SOLE 1232 0 292955 COPART INC COM 217204106 27840 582642 SH SOLE 2440 0 580202 CREDICORP LTD COM G2519Y108 208595 918033 SH OTR 1 249344 360861 307828 DISNEY WALT CO COM DISNEY 254687106 240310 2123029 SH OTR 1 998918 37646 1086465 ECOLAB INC COM 278865100 35220 239027 SH SOLE 1001 0 238026 EDWARDS LIFESCIENCES CORP COM 28176E108 21580 140885 SH SOLE 590 0 140295 FLOOR & DECOR HLDGS INC CL A 339750101 26435 1020579 SH SOLE 4274 0 1016305 FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 578325 6557960 SH OTR 1 1796344 2570839 2190777 HDFC BANK LTD ADR REPS 3 SHS 40415F101 250585 2191019 SH SOLE 1857465 0 333554 HOME DEPOT INC COM 437076102 49195 286307 SH SOLE 1199 0 285108 ISHARES TR MSCI INDIA ETF 46429B598 4610 138290 SH SOLE 138290 0 0 ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 342390 36535306 SH OTR 1 9438814 14617691 12478801 JOHNSON & JOHNSON COM 478160104 173815 1304610 SH OTR 1 617014 23311 664285 KRAFT HEINZ CO COM 500754106 60095 1396294 SH SOLE 5792 0 1390502 LAS VEGAS SANDS CORP COM 517834107 29470 566151 SH SOLE 2132 0 564019 M & T BK CORP COM 55261F104 126990 860608 SH OTR 1 392073 14832 453703 MARTIN MARIETTA MATLS INC COM 573284106 136020 765360 SH OTR 1 378323 14289 372748 MASTERCARD INCORPORATED CL A 57636Q104 458210 2356704 SH OTR 1 1225877 159049 971778 MEDTRONIC PLC SHS G5960L103 395595 4248310 SH OTR 1 2057544 204233 1986533 MICROSOFT CORP COM 594918104 247715 2366331 SH OTR 1 1067358 40413 1258560 MONDELEZ INTL INC CL A 609207105 63660 1590327 SH SOLE 6660 0 1583667 MOODYS CORP COM 615369105 11770 84053 SH SOLE 352 0 83701 NETEASE INC SPONSORED ADR 64110W102 527380 2187705 SH OTR 1 544030 839523 804152 NIKE INC CL B 654106103 169805 2212492 SH OTR 1 1131504 42656 1038332 O REILLY AUTOMOTIVE INC NEW COM 67103H107 121590 341002 SH OTR 1 174806 6529 159667 PEPSICO INC COM 713448108 310810 2721893 SH OTR 1 1312219 48921 1360753 PHILIP MORRIS INTL INC COM 718172109 30500 491081 SH OTR 1 138976 72896 279209 PNC FINL SVCS GROUP INC COM 693475105 128735 1068070 SH OTR 1 486703 18411 562956 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 130055 1285898 SH OTR 1 646128 24424 615346 SHERWIN WILLIAMS CO COM 824348106 51955 132050 SH SOLE 553 0 131497 STARBUCKS CORP COM 855244109 165485 2483825 SH OTR 1 1213919 45067 1224839 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 388840 10135111 SH OTR 1 3924072 2837484 3373555 TJX COS INC NEW COM 872540109 148700 3214690 SH OTR 1 1583330 59656 1571704 UNITEDHEALTH GROUP INC COM 91324P102 431255 1671916 SH OTR 1 849342 32019 790555 VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 4520 827549 SH SOLE 0 0 827549 VISA INC COM CL A 92826C839 421400 3093119 SH OTR 1 1583875 125096 1384148 WELLS FARGO CO NEW COM 949746101 213730 4487065 SH OTR 1 2221136 84051 2181878 YUM CHINA HLDGS INC COM 98850P109 226135 6578808 SH OTR 1 1546798 2600938 2431072 ZTO EXPRESS CAYMAN INC SPONSORED ADR 98980A105 4735 299240 SH SOLE 0 0 299240