Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CLEOPATRA HOSPITAL	31,471,354	$11.49M	3.8%	$0.41	—	COM	00BYY7D05
—	EDITA FOOD INDUSTRIES SAE	9,898,151	$11.36M	3.7%	$0.93	—	COM	00BTGQKS2
—	SARANTIS	1,012,288	$8.002M	2.6%	$11.41	—	COM	007124958
—	FORTIS HEALTHCARE LTD FOREIG	4,055,796	$7.948M	2.6%	$2.22	—	COM	00B1XC098
—	GENERTEC UNIVERSAL MEDICAL	6,788,432	$6.174M	2.0%	$0.82	—	COM	00BYW7534
—	ALICORP S.A.A	1,882,289	$6.151M	2.0%	$2.86	—	COM	002162834
—	LA COMER SAB DE CV	5,593,452	$6.056M	2.0%	$1.01	—	COM	00BZ8W8S6
—	FEDERAL BANK LTD	4,139,026	$5.763M	1.9%	$1.66	—	COM	00BFT7KB7
—	PRISM CEMENT LTD	3,981,074	$5.497M	1.8%	$1.56	—	COM	006104337
—	YUZHOU PROPERTIES CO	8,789,775	$5.307M	1.8%	$0.51	—	COM	00B51QBN1
—	XTEP INTERNATIONAL	6,989,000	$4.995M	1.6%	$0.51	—	COM	00B2RJYH8
—	CAHYA MATA SARAWAK	5,838,718	$4.777M	1.6%	$0.83	—	COM	006182861
—	SHIMAO PROPERTY HOLDINGS LTD	1,506,500	$4.711M	1.6%	$2.30	—	COM	00B16YNS1
—	PING AN INSURANCE GROUP CO H	419,500	$4.697M	1.6%	$8.55	—	COM	00B01FLR7
—	TEJAS NETWORKS LTD	1,803,413	$4.422M	1.5%	$3.38	—	COM	00BF1XGY8
INREF	INRETAIL PERU CORP	119,646	$4.271M	1.4%	$19.00	—	COM	P56242202
DTTVY	DISH TV INDIA LTD GDR	7,637,727	$4.046M	1.3%	$0.97	—	COM	25471A401
—	CHINA PACIFIC INSURANCE GROUP	988,200	$3.877M	1.3%	$3.82	—	COM	00B2Q5H56
—	PARADE TECHNOLOGIES LTD	226,309	$3.796M	1.3%	$16.77	—	COM	00B6RV676
—	PARQUE ARAUCO SA	1,372,732	$3.672M	1.2%	$2.65	—	COM	002684349
—	D&L INDUSTRIES INC	16,734,073	$3.582M	1.2%	$0.19	—	COM	00B99R1B2
—	VMART RETAIL LTD	91,553	$3.561M	1.2%	$25.93	—	COM	00B8XF8R0
—	YES BANK LTD	863,360	$3.429M	1.1%	$4.58	—	COM	00BF0GLF4
—	ESTACIO PARTICIPACOES SA	498,111	$3.405M	1.1%	$6.27	—	COM	00B23PBF7
—	BANCO ABC BRASIL	695,031	$3.402M	1.1%	$5.49	—	COM	00B23DMP8
—	CHINA RESOURCES BEER HOLDING	798,000	$3.36M	1.1%	$3.91	—	COM	006972459
—	MITRA ADIPERKASA TBK PT	48,220,355	$3.285M	1.1%	$0.11	—	COM	00B03VZ37
NOMD	NOMAD FOODS LIMITED	157,545	$3.222M	1.1%	$12.78	+50.5%	COM	G6564A105
—	KEI INDUSTRIES LTD	516,632	$3.173M	1.0%	$4.96	—	COM	00B1L9PJ6
UGP	ULTRAPAR PARTICPAC SPON ADR	262,200	$3.133M	1.0%	$17.02	—	COM	90400P101
—	HEIDELBERGCEMENT INDIA LTD	1,184,919	$3.105M	1.0%	$1.86	—	COM	006613714
—	DALI FOODS GROUP CO LTD	4,145,000	$3.1M	1.0%	$0.74	—	COM	00BYQ9796
—	Q TECHNOLOGY GROUP CO LTD	3,585,000	$3.042M	1.0%	$0.66	—	COM	00BSXNPQ2
—	CCR SA	980,780	$2.959M	1.0%	$4.45	—	COM	002840970
—	LG HOUSEHOLD & HEALTH CARE	2,365	$2.952M	1.0%	$961.07	—	COM	006344456
—	BANK PEMBANGUNAN DAERAH JAWA T	64,068,580	$2.924M	1.0%	$0.05	—	COM	00b8fqlp0
—	STI EDUCATION SYSTEMS	213,367,977	$2.885M	1.0%	$0.03	—	COM	00B82RXW7
—	PESTECH INTERNATIONAL	11,412,878	$2.851M	0.9%	$0.37	—	COM	00B8095F2
ARCO	ARCOS DORADOS HOLDINGS INC	390,771	$2.802M	0.9%	$5.65	+29.6%	COM	G0457F107
SIGA	SIGA TECHNOLOGIES INC	460,154	$2.766M	0.9%	$2.46	+99.4%	COM	826917106
—	FIRSTSERVICE CORPORATION	30,845	$2.756M	0.9%	$63.96	—	COM	33767E103
—	MAHINDRA & MAHINDRA FIN SECS	446,734	$2.716M	0.9%	$6.26	—	COM	00B8F8822
—	TIER REIT INC REIT	94,200	$2.7M	0.9%	$18.48	—	COM	88650V208
—	WIZ SOLUCOES E CORRETAGEM DE	1,222,230	$2.67M	0.9%	$3.55	—	COM	00BF13KV3
—	STERLITE TECHNOLOGIES LTD	846,119	$2.668M	0.9%	$3.15	—	COM	006295855
—	E INK HOLDINGS LTD	2,174,000	$2.434M	0.8%	$1.39	—	COM	006744283
SHEN	SHENANDOAH TELECOMMUNICATIONS	54,586	$2.421M	0.8%	$30.99	+51.4%	COM	82312B106
—	SHRIRAM CITY UNION FINANCE	90,397	$2.414M	0.8%	$29.23	—	COM	006652881
—	MUANGTHAI CAPITAL PCL NVDR	1,719,205	$2.384M	0.8%	$1.49	—	COM	00BSNLDQ2
MLI	MUELLER INDUSTRIES INC	73,065	$2.29M	0.8%	$13.69	-2.4%	COM	624756102
—	ERAWAN GROUP	10,293,238	$2.287M	0.8%	$0.19	—	COM	00B014992
—	SILOAM INTERNATIONAL HOSPITA	8,339,845	$2.226M	0.7%	$0.58	—	COM	00BDD1R10
—	INVERSIONES LA CONSTRUCCION	126,000	$2.191M	0.7%	$18.06	—	COM	00B6ZJ069
—	JAMNA AUTO INDUSTRIES LTD	2,409,051	$2.184M	0.7%	$1.10	—	COM	00BD72JF7
—	ARGAN INC	43,480	$2.172M	0.7%	$43.01	—	COM	04010e109
LFCR	LANDEC CORP	176,220	$2.164M	0.7%	$12.98	-6.0%	COM	514766104
WINA	WINMARK CORP	10,682	$2.015M	0.7%	$126.51	+30.0%	COM	974250102
ALEX	ALEXANDER & BALDWIN INC	77,496	$1.971M	0.7%	$30.02	—	COM	014491104
—	BRYN MAWR BANK CORP	54,274	$1.961M	0.6%	$42.50	—	COM	117665109
CPAC	CEMENTOS PACASMAYO SAA NEW	195,341	$1.953M	0.6%	$11.22	—	COM	15126Q208
—	CORE-MARK HOLDING CO INC	52,464	$1.948M	0.6%	$33.05	—	COM	218681104
—	KASIKORNBANK PCL FOREIGN	310,900	$1.842M	0.6%	$6.73	—	COM	006888794
PARR	PAR PETROLEUM CORPORATION	102,909	$1.833M	0.6%	$16.83	-1.5%	COM	69888T207
YTRA	YATRA ONLINE INC	356,675	$1.751M	0.6%	$8.12	-43.0%	COM	G98338109
NRIM	NORTHRIM BANCORP INC	50,059	$1.723M	0.6%	$5.70	+20.0%	COM	666762109
—	SKP RESOURCES BHD	5,162,405	$1.694M	0.6%	$0.35	—	COM	00B03DHR1
—	AVID BIOSERVICES INC	395,823	$1.682M	0.6%	$4.16	—	COM	05368M106
—	MATAHARI DEPARTMENT STORE TB	5,793,700	$1.664M	0.5%	$0.63	—	COM	006665878
—	EDITA FOOD INDUSTRIES REG S GD	312,952	$1.659M	0.5%	$5.25	—	COM	BVFZKG901
—	SANLAM	321,417	$1.644M	0.5%	$5.43	—	COM	00b0l6750
—	LOCALIZA RENT A CAR	193,356	$1.643M	0.5%	$5.94	—	COM	00B08K3S0
—	DR WU SKINCARE CO LTD	741,000	$1.625M	0.5%	$3.86	—	COM	00BWTM419
SAFT	SAFETY INS GROUP INC	18,590	$1.62M	0.5%	$68.56	+25.0%	COM	78648T100
—	BANK MANDIRI PERSERO TBK PT	3,018,200	$1.579M	0.5%	$0.52	—	COM	006651048
—	QAD INC	35,959	$1.549M	0.5%	$43.08	—	COM	74727D306
—	COMMERCIAL INTERNATIONAL BAN	388,375	$1.527M	0.5%	$3.93	—	COM	006243898
—	ROSETTA STONE INC	69,125	$1.51M	0.5%	$10.78	—	COM	777780107
—	ULTRATECH CEMENT LTD	25,468	$1.47M	0.5%	$57.72	—	COM	00B01GZF6
—	GRUPO NUTRESA SA	180,700	$1.462M	0.5%	$8.09	—	COM	00B00P907
—	METROPOLITAN BANK & TRUST	951,943	$1.448M	0.5%	$1.57	—	COM	006514442
—	CHASE CORP	15,560	$1.44M	0.5%	$92.54	—	COM	16150R104
IESC	IES HOLDINGS INC	80,715	$1.434M	0.5%	$17.87	-1.0%	COM	44951W106
—	KROTON EDUCACIONAL SA	525,000	$1.43M	0.5%	$2.72	—	COM	002836946
—	BIDVEST GROUP LTD	101,188	$1.358M	0.4%	$14.30	—	COM	006100089
NGS	NATURAL GAS SVCS GROUP INC	76,690	$1.328M	0.4%	$25.01	-29.4%	COM	63886Q109
—	WHA CORP PCL NVDR	9,913,499	$1.318M	0.4%	$0.13	—	COM	00B830433
—	PRIMAX ELECTRONICS LT	654,000	$1.288M	0.4%	$1.97	—	COM	00B5M70F8
—	PUBLIC BANK BERHAD	224,200	$1.272M	0.4%	$6.04	—	COM	00B012W42
—	BANK ALFALAH LTD	3,784,236	$1.266M	0.4%	$0.33	—	COM	00B02ZK80
ASIX	ADVANSIX INC	42,240	$1.207M	0.4%	$26.02	+6.9%	COM	00773T101
—	SHOPRITE HOLDINGS LTD	100,000	$1.1M	0.4%	$11.00	—	COM	006801579
ASR	GRUPO AEROPORTUARIO DEL SUREST	6,800	$1.1M	0.4%	$161.76	—	COM	40051E202
—	KAP INDUSTRIAL HOLDINGS LTD	2,142,241	$1.044M	0.3%	$0.65	—	COM	00B95CZJ7
—	CREDICORP LTD	4,300	$1.032M	0.3%	$163.31	—	COM	g2519y108
—	WEG SA	216,970	$1.004M	0.3%	$6.18	—	COM	002945422
—	HYPERMARCAS SA	149,200	$993K	0.3%	$9.36	—	COM	00B2QY968
—	LUCKY CEMENT	298,919	$909K	0.3%	$3.71	—	COM	006537557
—	NORTHGATE PLC	123,159	$600K	0.2%	$4.84	—	COM	00B41H739
—	COBHAM PLC	393,716	$566K	0.2%	$1.24	—	COM	00B07KD36
—	KANAMOTO CO LTD	22,622	$560K	0.2%	$25.82	—	COM	006482903
—	ONTEX GROUP NV	24,460	$551K	0.2%	$20.48	—	COM	00BNBNNH6
—	RESORTTRUST INC	40,400	$547K	0.2%	$14.68	—	COM	006044132
—	LANDIS&GYR GROUP AG	8,607	$544K	0.2%	$55.97	—	COM	00BF41XY8
—	SKYWORTH DIGITAL HOLDINGS LTD	1,590,330	$541K	0.2%	$0.22	—	COM	006228828
—	FUJITSU GENERAL LTD	37,800	$535K	0.2%	$12.83	—	COM	006364283
—	BOC AVIATION LTD	63,801	$521K	0.2%	$7.40	—	COM	00BYZJV17
—	TELEPIZZA GROUP SA	74,118	$517K	0.2%	$6.73	—	COM	00BD1DLX8
—	TAKKT AG	31,348	$516K	0.2%	$15.60	—	COM	005769470
—	JAFCO CO LTD	14,021	$502K	0.2%	$32.18	—	COM	006471439
—	JOHNSON ELECTRIC HOLDINGS LTD	212,000	$491K	0.2%	$2.04	—	COM	00BP4JH15
—	METAWATER CO LTD	17,300	$488K	0.2%	$26.72	—	COM	00BSTJDT3
—	CLARKSON PLC	15,758	$488K	0.2%	$24.18	—	COM	000201836
—	BERTRANDT AG	6,830	$484K	0.2%	$78.33	—	COM	005130861
—	ARCADIS NV	30,991	$483K	0.2%	$12.18	—	COM	005769209
—	BRUNEL INTERNATIONAL NV	31,385	$476K	0.2%	$12.48	—	COM	00BN573R4
—	EBRO FOODS SA	22,078	$473K	0.2%	$19.92	—	COM	005468324
—	HEALIUS LTD	251,133	$469K	0.2%	$1.57	—	COM	00BFZYRL1
—	HASCOL PETROLEUM LTD	506,550	$467K	0.2%	$2.36	—	COM	00BMM1PK9
—	KERRY LOGISTICS NETWORK LTD	256,500	$464K	0.2%	$1.42	—	COM	00BH0W286
—	CENTRAL GLASS CO LTD	21,000	$461K	0.2%	$19.76	—	COM	006184306
—	DOWA HOLDINGS CO LTD	14,000	$460K	0.2%	$30.06	—	COM	006278306
—	JAPFA LTD	949,400	$456K	0.2%	$0.54	—	COM	00BPYD720
—	KINTETSU WORLD EXPRESS INC	29,900	$455K	0.2%	$14.78	—	COM	006282211
GLNG	GOLAR LNG LTD	21,069	$444K	0.1%	$22.51	-12.3%	COM	G9456A100
—	COFACE SA	49,970	$442K	0.1%	$9.07	—	COM	00bnfwv75
—	PARAMOUNT BED HOLDINGS CO LTD	9,861	$437K	0.1%	$42.31	—	COM	00B5W8JJ8
—	DRAEGERWERK AG & CO KGAA	9,150	$434K	0.1%	$53.22	—	COM	005169218
—	VALUETRONICS HOLDINGS LTD	849,900	$427K	0.1%	$0.48	—	COM	00B1VNRV4
—	RESURS HOLDING AB	68,196	$424K	0.1%	$6.16	—	COM	00BD718Q8
—	SPAR NORD BANK A/S	48,256	$423K	0.1%	$8.02	—	COM	00B14LS01
—	STOCK SPIRITS GROUP PLC	139,262	$417K	0.1%	$2.65	—	COM	00BF5SDZ9
—	MATAS A/S	42,076	$416K	0.1%	$8.89	—	COM	00BBL4QM1
—	BML INC	14,051	$407K	0.1%	$25.75	—	COM	006197876
—	NEO PERFORMANCE MATERIALS INC	45,796	$403K	0.1%	$10.75	—	COM	00BF5LL43
—	LISI	12,800	$394K	0.1%	$23.44	—	COM	005489916
—	TARKETT SA	18,318	$394K	0.1%	$20.02	—	COM	00BGH15L3
CRTO	CRITEO SA	19,310	$387K	0.1%	$22.73	—	COM	226718104
—	X-FAB SILICON FOUNDRIES SE	78,924	$384K	0.1%	$4.87	—	COM	00BD97P41
—	OSG CORP	19,456	$375K	0.1%	$19.27	—	COM	006655620
—	TOD'S SPA	7,990	$371K	0.1%	$47.18	—	COM	004643735
—	CYBG PLC	142,293	$368K	0.1%	$2.59	—	COM	00BD6GN03
—	NUFLARE TECHNOLOGY INC	5,741	$318K	0.1%	$45.48	—	COM	00B1VPXZ6
—	KRONES AG	3,483	$307K	0.1%	$88.14	—	COM	008823888
—	ESPRINET SPA	81,287	$294K	0.1%	$4.05	—	COM	00B08QZ48
—	MEARS GROUP PLC	88,071	$293K	0.1%	$4.11	—	COM	000563042
—	INCHCAPE PLC	38,793	$289K	0.1%	$7.45	—	COM	00B61TVQ3
—	N BROWN GROUP PLC0	205,867	$264K	0.1%	$1.20	—	COM	00b1p6zr1
—	FUSO CHEMICAL CO LTD	13,946	$235K	0.1%	$16.85	—	COM	006347712
—	BILLERUDKORSNAS AB	15,635	$208K	0.1%	$13.30	—	COM	007240371
—	PERMANENT TSB GROUP HOLDINGS P	126,010	$182K	0.1%	$1.74	—	COM	00BWB8X52
—	BANCO ABC BRASIL SA RCT	23,069	$113K	0.0%	$4.90	—	COM	00BJ6CHY5
—	GETBACK SA	2,021,212	$0	0.0%	$2.76	—	COM	00BDT88G7