Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MDT	MEDTRONIC INC	544,551	$49.11M	1.9%	$75.53	+19.4%	CS	G5960L103
—	TOTAL S A SPON ADR	1,256,925	$46.81M	1.8%	$49.10	—	CS	89151E109
RIO	RIO TINTO PLC ADR	1,020,782	$46.51M	1.8%	$41.09	—	CS	767204100
JPM	J P MORGAN CHASE & CO	448,246	$40.36M	1.5%	$40.31	+157.1%	CS	46625H100
AAPL	APPLE COMPUTER INC	153,713	$39.09M	1.5%	$24.81	+186.4%	CS	037833100
URI	UNITED RENTALS INC	363,679	$37.42M	1.4%	$98.25	+30.7%	CS	911363109
AMGN	AMGEN INC	179,612	$36.41M	1.4%	$140.01	+30.2%	CS	031162100
QRVO	QORVO, INC	447,042	$36.05M	1.4%	$71.16	+40.6%	CS	74736K101
INTC	INTEL CORP	660,193	$35.73M	1.4%	$27.20	+92.4%	CS	458140100
—	APTIV PLC	693,702	$34.16M	1.3%	$84.22	—	CS	G6095L109
GOOGL	ALPHABET INC	29,174	$33.9M	1.3%	$36.43	+84.6%	CS	02079K305
CFG	CITIZENS FINANCIAL GROUP INC	1,785,984	$33.59M	1.3%	$20.58	+21.9%	CS	174610105
AMP	AMERIPRISE FINANCIAL INC	324,686	$33.27M	1.3%	$95.16	+40.8%	CS	03076C106
FFIV	F5 NETWORKS	304,538	$32.47M	1.2%	$132.03	-7.4%	CS	315616102
ITW	ILLINOIS TOOL WKS INC COM	214,001	$30.41M	1.2%	$59.48	+148.1%	CS	452308109
—	ROYAL DUTCH SHELL PLC	839,911	$29.3M	1.1%	$65.17	—	CS	780259206
PGR	PROGRESSIVE CORP OHIO	389,635	$28.77M	1.1%	$64.34	+1.6%	CS	743315103
MS	MORGAN STANLEY COM NEW	839,192	$28.53M	1.1%	$36.35	+7.7%	CS	617446448
HD	HOME DEPOT	151,071	$28.21M	1.1%	$108.72	+74.9%	CS	437076102
CSCO	CISCO SYS INC COM	714,271	$28.08M	1.1%	$20.80	+76.3%	CS	17275R102
BAC	BANK OF AMERICA CORPORATION	1,315,255	$27.92M	1.1%	$19.68	+31.7%	CS	060505104
—	UNITED HEALTHCARE CORP	108,315	$27.01M	1.0%	$116.53	—	CS	91324p102
AVGO	BROADCOM LTD	113,619	$26.94M	1.0%	$23.76	+2.2%	CS	11135F101
BABA	ALIBABA GROUP HLDG LTD	136,166	$26.48M	1.0%	$149.98	—	CS	01609W102
LUKOY	PJSC LUKOIL CO ADR	445,319	$26.34M	1.0%	$70.25	—	CS	69343P105
NTES	NETEASE INC. ADR	80,634	$25.88M	1.0%	$179.10	—	CS	64110W102
ABBV	ABBVIE	331,062	$25.22M	1.0%	$61.94	+8.5%	CS	00287Y109
—	IHS MARKIT LTD	416,154	$24.97M	1.0%	$40.54	—	CS	G47567105
OSK	OSHKOSH CORPORATION	378,773	$24.37M	0.9%	$53.47	+32.8%	CS	688239201
BKNG	BOOKING HOLDINGS INC	17,934	$24.13M	0.9%	$1923.67	-10.3%	CS	09857L108
IQV	IQVIA HOLDINGS INC	221,607	$23.9M	0.9%	$102.89	+38.9%	CS	46266C105
TSM	TAIWAN SEMICONDUCTOR MFG CO AD	497,241	$23.76M	0.9%	$28.82	—	CS	874039100
—	ASHTEAD GROUP PLC ADR	262,093	$23.09M	0.9%	$94.75	—	CS	045055100
TTNDY	TECHTRONIC IND LTD SPONS ADR	716,626	$23.03M	0.9%	$37.76	—	CS	87873R101
TGT	TARGET CORP COM	246,878	$22.95M	0.9%	$69.39	+36.9%	CS	87612E106
FUJIY	FUJIFILM HLDGS CORP ADR	458,184	$22.92M	0.9%	$38.84	—	CS	35958N107
VIPS	VIPSHOP HLDGS LTD ADS	1,459,847	$22.74M	0.9%	$11.15	—	CS	92763W103
—	TE CONNECTIVITY LTD.	360,477	$22.7M	0.9%	$59.96	—	CS	H84989104
AXP	AMERICAN EXPRESS CO	264,764	$22.67M	0.9%	$107.40	+0.2%	CS	025816109
AZO	AUTOZONE INC	26,683	$22.57M	0.9%	$925.17	+12.3%	CS	053332102
VZ	VERIZON COMMUNICATIONS	409,770	$22.02M	0.8%	$33.47	+22.5%	CS	92343V104
UNP	UNION PAC CORP COM	152,965	$21.57M	0.8%	$71.03	+104.1%	CS	907818108
PNGAY	PING AN INSURANCE ADR	1,092,533	$21.51M	0.8%	$23.58	—	CS	72341E304
LNC	LINCOLN NATIONAL CORP	817,210	$21.51M	0.8%	$37.99	-6.6%	CS	534187109
NVR	NVR INC	8,339	$21.42M	0.8%	$1557.75	+130.2%	CS	62944T105
—	ALLERGAN PLC SHS	120,195	$21.29M	0.8%	$140.94	—	CS	G0177J108
LYB	LYONDELLBASELL INDUSTRIES	424,730	$21.08M	0.8%	$49.57	+0.1%	CS	N53745100
NTTYY	NIPPON TELEG & TEL CORP	862,338	$20.37M	0.8%	$33.76	—	CS	654624105
NXPI	NXP SEMICONDUCTORS NV	244,898	$20.31M	0.8%	$84.19	+26.0%	CS	N6596X109
TOELY	TOKYO ELECTRON LTD	413,411	$19.25M	0.7%	$43.76	—	CS	889110102
ZTO	ZTO EXPRESS CAYMAN INC CL A	726,241	$19.23M	0.7%	$18.50	—	CS	98980A105
LVMUY	LVMH Moet Hennessy	254,483	$18.94M	0.7%	$39.54	—	CS	502441306
PHM	PULTEGROUP INC.	831,923	$18.57M	0.7%	$21.76	+67.0%	CS	745867101
ON	ON SEMICONDUCTOR CORP	1,475,682	$18.36M	0.7%	$13.64	+43.4%	CS	682189105
CVX	CHEVRON CORP NEW COM	251,022	$18.19M	0.7%	$87.86	-13.5%	CS	166764100
—	MOBILE TELESYSTEMS OJSC	2,390,624	$18.17M	0.7%	$8.36	—	CS	607409109
LLY	ELI LILLY & CO	130,845	$18.15M	0.7%	$128.17	0.0%	CS	532457108
ADRNY	KONINKLIJKE	771,565	$18.05M	0.7%	$24.73	—	CS	500467501
ELV	ANTHEM, INC	79,316	$18.01M	0.7%	$148.62	+69.2%	CS	036752103
—	CNOOC LTD	173,698	$17.97M	0.7%	$151.50	—	CS	126132109
DBSDY	DBS GROUP HOLDINGS LTD	343,678	$17.77M	0.7%	$55.88	—	CS	23304Y100
AER	AERCAP HOLDINGS N.V.	752,666	$17.15M	0.7%	$50.90	-4.5%	CS	N00985106
—	NEW ORIENTAL ED & TECH GRP ADR	158,344	$17.14M	0.7%	$38.35	—	CS	647581107
—	SBERBANK OF RUSSIA	1,820,305	$17.11M	0.7%	$13.57	—	CS	80585Y308
DOX	AMDOCS LIMITED ORD	300,949	$16.54M	0.6%	$44.75	+32.1%	CS	G02602103
REPYY	REPSOL S.A.	1,819,988	$16.45M	0.6%	$14.78	—	CS	76026T205
DANOY	DANONE SPON ADR	1,286,571	$16.39M	0.6%	$15.94	—	CS	23636T100
SLF	SUN LIFE FINANCIAL	509,846	$16.36M	0.6%	$34.84	+23.0%	CS	866796105
IX	ORIX CORP	269,038	$15.9M	0.6%	$70.53	—	CS	686330101
GRFS	GRIFOLS SA ADR	787,895	$15.87M	0.6%	$23.61	—	CS	398438408
—	CRH PLC ADR	587,063	$15.76M	0.6%	$34.03	—	CS	12626K203
MGA	MAGNA INTERNATIONAL INC	490,264	$15.65M	0.6%	$38.21	-0.3%	CS	559222401
NBIS	YANDEX N.V.	455,286	$15.5M	0.6%	$19.12	—	CS	N97284108
ORCL	ORACLE CORP COM	318,897	$15.41M	0.6%	$47.50	0.0%	CS	68389X105
CNI	CANADIAN NATL RAILWAY CO	197,739	$15.35M	0.6%	$46.21	+68.7%	CS	136375102
HDB	HDFC BANK LTD	394,651	$15.18M	0.6%	$58.88	—	CS	40415F101
—	BIOGEN IDEC INC	47,731	$15.1M	0.6%	$294.96	—	CS	09062x103
—	CORESITE REALTY CORP.	127,477	$14.78M	0.6%	$113.66	—	CS	21870Q105
—	CERNER CORP	232,242	$14.63M	0.6%	$62.99	—	CS	156782104
—	MOMO INC	673,538	$14.61M	0.6%	$33.52	—	CS	60879B107
SGIOY	SHIONOGI & CO LTD UNSP	1,185,027	$14.42M	0.6%	$15.23	—	CS	824667109
FAST	FASTENAL CO	458,758	$14.34M	0.5%	$15.16	0.0%	CS	311900104
EBAY	EBAY INC	467,932	$14.07M	0.5%	$33.28	-5.3%	CS	278642103
—	LAM RESEARCH	57,282	$13.75M	0.5%	$231.11	—	CS	512807108
MO	ALTRIA GROUP INC COM	351,181	$13.58M	0.5%	$17.42	+58.2%	CS	02209S103
LUV	SOUTHWEST AIRLINES	379,959	$13.53M	0.5%	$33.91	+35.6%	CS	844741108
PSX	PHILLIPS 66	244,160	$13.1M	0.5%	$77.34	-17.5%	CS	718546104
BTI	BRITISH AMER TOB SPON ADR	380,123	$13M	0.5%	$63.63	—	CS	110448107
AON	AON CORP.	78,290	$12.92M	0.5%	$195.70	0.0%	CS	G0403H108
QCOM	QUALCOMM INC	190,563	$12.89M	0.5%	$52.55	+36.9%	CS	747525103
E	ENI S P A	639,579	$12.68M	0.5%	$36.94	—	CS	26874R108
SWKS	SKYWORKS	141,373	$12.64M	0.5%	$92.62	0.0%	CS	83088M102
ZION	ZIONS BANCORPORATION	469,670	$12.57M	0.5%	$47.16	-12.7%	CS	989701107
GWW	W.W. GRAINGER INC.	50,505	$12.55M	0.5%	$275.46	0.0%	CS	384802104
AMAT	APPLIED MATERIALS	272,599	$12.49M	0.5%	$53.00	+2.6%	CS	038222105
CMCSA	COMCAST CORP CL A	362,254	$12.45M	0.5%	$37.69	-4.4%	CS	20030N101
—	AARON'S INC	541,146	$12.33M	0.5%	$44.33	—	CS	002535300
LOW	LOWE'S CO.	142,479	$12.26M	0.5%	$98.27	0.0%	CS	548661107
—	UNITED TECHNOLOGIES CORP COM	129,156	$12.18M	0.5%	$103.33	—	CS	913017109
JOYY	JOYY INC ADR	222,938	$11.87M	0.5%	$52.79	—	CS	46591M109
NRG	NRG ENERGY INC	433,692	$11.82M	0.5%	$30.00	-3.7%	CS	629377508
ICLR	ICON PLC	86,690	$11.79M	0.5%	$60.37	+165.2%	CS	G4705A100
BMO	BANK OF MONTREAL	231,346	$11.63M	0.4%	$39.90	+32.0%	CS	063671101
CTSH	COGNIZANT TECH	246,719	$11.46M	0.4%	$70.12	-22.3%	CS	192446102
ST	SENSATA TECHNOLOGIES HLDG PLC	395,090	$11.43M	0.4%	$52.90	-18.4%	CS	G8060N102
INFY	INFOSYS LIMITED ADR	1,358,431	$11.15M	0.4%	$13.25	—	CS	456788108
VEOEY	VEOLIA ENVIRONMENT	524,384	$11.13M	0.4%	$25.32	—	CS	92334N103
BBY	BEST BUY INC COM	194,086	$11.06M	0.4%	$62.44	0.0%	CS	086516101
COP	CONOCOPHILLIPS	357,356	$11.01M	0.4%	$48.24	-15.1%	CS	20825C104
DAL	DELTA AIRLINES	385,152	$10.99M	0.4%	$40.28	+19.2%	CS	247361702
—	D R HORTON INC	322,867	$10.98M	0.4%	$51.10	—	CS	23331a109
AXAHY	AXA ADS	630,027	$10.89M	0.4%	$25.64	—	CS	054536107
MLCO	MELCO RESORTS AND ENTERTAINMEN	859,464	$10.66M	0.4%	$24.69	—	CS	585464100
EMN	EASTMAN CHEMICAL CO	228,725	$10.65M	0.4%	$72.74	-28.7%	CS	277432100
SRE	SEMPRA ENERGY	93,293	$10.54M	0.4%	$45.66	+27.9%	CS	816851109
HLT	HILTON WORLDWIDE	153,409	$10.47M	0.4%	$96.08	0.0%	CS	43300A203
HPE	HEWLETT PACKARD ENTERPRISE CO	1,062,344	$10.31M	0.4%	$12.30	-11.9%	CS	42824C109
RHI	ROBERT HALF INTL	270,498	$10.21M	0.4%	$54.14	0.0%	CS	770323103
—	LAZARD LTD	429,680	$10.12M	0.4%	$41.16	—	CS	G54050102
BNPQY	BNP PARIBAS PA ADR	670,581	$10.1M	0.4%	$29.22	—	CS	05565A202
—	WNS HOLDINGS LIMITED	231,888	$9.967M	0.4%	$28.94	—	CS	92932M101
FITB	FIFTH THIRD BANCORP	669,158	$9.937M	0.4%	$20.76	-5.3%	CS	316773100
RL	RALPH LAUREN CORPORATION	145,388	$9.716M	0.4%	$94.03	0.0%	CS	751212101
C	CITIGROUP INC	211,746	$8.919M	0.3%	$59.26	-8.6%	CS	172967424
—	ARCONIC CORP	549,564	$8.826M	0.3%	$16.06	—	CS	03966V107
ITUB	ITAU UNIBANCO HOLDINGS SA	1,964,270	$8.82M	0.3%	$9.89	—	CS	465562106
XRX	XEROX HOLDINGS CORP	463,268	$8.774M	0.3%	$31.93	-0.5%	CS	98421M106
CAOVY	CHINA OVERSEAS LAN UNSPN ADR	555,280	$8.51M	0.3%	$28.69	—	CS	169403201
UBS	UBS GROUP AG	890,192	$8.244M	0.3%	$17.61	-34.6%	CS	H42097107
KMTUY	KOMATSU LTD	498,358	$8.178M	0.3%	$28.71	—	CS	500458401
SYF	SYNCHRONY FINANCIAL	471,578	$7.588M	0.3%	$30.50	-17.4%	CS	87165B103
BASFY	B A S F A G	632,527	$7.4M	0.3%	$26.55	—	CS	055262505
MUFG	MITSUBISHI UFJ FINL GROUP ADR	2,018,337	$7.387M	0.3%	$5.02	—	CS	606822104
MPC	MARATHON PETROLEUM CORP	312,325	$7.377M	0.3%	$50.36	-23.8%	CS	56585A102
—	CHINA COMM CONST GRP	506,396	$7.039M	0.3%	$19.90	—	CS	168926103
CMA	COMERICA INC.	238,323	$6.992M	0.3%	$50.46	-19.8%	CS	200340107
SMFG	SUMITOMO MITSUI FINCL GR	1,454,629	$6.967M	0.3%	$8.52	—	CS	86562M209
ING	ING GROEP NV ADR	1,283,687	$6.611M	0.3%	$14.76	—	CS	456837103
—	NORDSTROM INC	417,110	$6.398M	0.2%	$15.34	—	CS	655664100
JD	JD.COM INC	77,100	$3.123M	0.1%	$36.70	—	CS	47215P106
—	OLYMPUS CORP	197,700	$2.833M	0.1%	$14.33	—	CS	68163W109
KNBWY	KIRIN HOLDINGS	139,900	$2.729M	0.1%	$19.51	—	CS	497350306
ITOCY	ITOCHU CORPORATION	66,400	$2.717M	0.1%	$40.92	—	CS	465717106
BRDCY	BRIDGESTONE CORPORATION	171,500	$2.603M	0.1%	$15.18	—	CS	108441205
MSFT	MICROSOFT CORP	16,465	$2.597M	0.1%	$60.78	+157.2%	CS	594918104
FSUGY	FORTESCUE METAL GROUP	205,000	$2.534M	0.1%	$14.93	—	CS	34959A206
SNN	SMITH & NEPHEW PLC ADR	69,238	$2.484M	0.1%	$36.24	—	CS	83175M205
DIFTY	DAITO TRUST CONSTRUCTION	105,400	$2.426M	0.1%	$29.65	—	CS	23405X209
JAZZ	JAZZ PHARMACEUTICALS INC	23,183	$2.312M	0.1%	$129.82	-0.4%	CS	G50871105
—	GEELY AUTOMOBILE HLDGS	75,300	$2.199M	0.1%	$29.20	—	CS	36847Q103
—	UNILEVER NV	44,676	$2.18M	0.1%	$52.15	—	CS	904784709
TTDKY	TDK CORP ADR	27,100	$2.073M	0.1%	$76.49	—	CS	872351408
AHEXY	ADECCO GROUP ADR	97,700	$1.893M	0.1%	$31.64	—	CS	006754204
TXRH	TEXAS ROADHOUSE	44,947	$1.856M	0.1%	$57.07	-11.6%	CS	882681109
GIS	GENERAL MILLS	35,030	$1.849M	0.1%	$36.46	+18.8%	CS	370334104
FKYRX	NUVEEN KENTUCKY MUNICIPAL BOND	169,912	$1.845M	0.1%	$10.93	—	BF	67065R804
RANJY	RANDSTAD NV ADR UNSPON	100,600	$1.736M	0.1%	$24.55	—	CS	75279Q108
—	PJSC GAZPROM ADR	380,570	$1.735M	0.1%	$7.36	—	CS	368287207
—	GAZPROM NEFT	83,200	$1.663M	0.1%	$29.11	—	CS	36829G107
JBAXY	JULIUS BAER GROUP LTD ADR	244,718	$1.635M	0.1%	$9.27	—	CS	48137C108
PM	PHILIP MORRIS INTL INC COM	22,210	$1.62M	0.1%	$50.23	+20.9%	CS	718172109
ETN	EATON CORP PLC	20,011	$1.555M	0.1%	$48.52	+70.3%	CS	G29183103
—	AON PLC SHS CL-A	9,008	$1.487M	0.1%	$114.52	—	CS	G0408V102
VOO	VANGUARD S&P 500 ETF	5,905	$1.398M	0.1%	$229.87	—	ETF	922908363
NGG	NATIONAL GRID TRANSCO PLC ADR	23,827	$1.388M	0.1%	$60.54	—	CS	636274409
ALIZY	ALLIANZ SE	71,687	$1.215M	0.0%	$16.95	—	CS	018820100
T	AT&T INC COM	40,077	$1.168M	0.0%	$18.49	-1.7%	CS	00206R102
ACWX	ISHARES MSCI ACWI EX US ETF	29,585	$1.114M	0.0%	$47.23	—	ETF	464288240
PFE	PFIZER INC	32,983	$1.077M	0.0%	$25.83	0.0%	CS	717081103
HSBC	HSBC HLDGS PLC ADR	36,810	$1.031M	0.0%	$38.02	—	CS	404280406
OHI	OMEGA HEALTHCARE INVS	38,719	$1.028M	0.0%	$33.61	—	CS	681936100
—	AEGON NV-ORD AMERICAN REGD	407,740	$1.015M	0.0%	$2.49	—	CS	007924103
BNS	BANK NOVA SCOTIA HALIFAX	22,777	$925K	0.0%	$33.21	+10.5%	CS	064149107
—	GLAXOSMITHKLINE PLC	22,352	$847K	0.0%	$42.92	—	CS	37733W105
MCD	MCDONALDS CORP	4,980	$823K	0.0%	$114.45	+50.1%	CS	580135101
MET	METLIFE INC.	22,513	$688K	0.0%	$36.45	0.0%	CS	59156R108
—	PACWEST BANCORP	38,170	$684K	0.0%	$30.72	—	CS	695263103
MUB	ISHARES NATIONAL MUNI BOND ETF	5,730	$647K	0.0%	$108.08	—	ETF	464288414
BSV	VANGUARD BD INDEX FD INC	7,555	$621K	0.0%	$80.21	—	BF	921937827
KSS	KOHLS CORP	35,506	$518K	0.0%	$52.29	-28.3%	CS	500255104
SPYV	SPDR S&P 500 VALUE ETF	18,795	$486K	0.0%	$25.86	—	ETF	78464A508
—	NVIDIA CORP	1,825	$481K	0.0%	$176.66	—	CS	67066g104
PG	PROCTER & GAMBLE	3,973	$437K	0.0%	$59.56	+74.3%	CS	742718109
JNJ	JOHNSON & JOHNSON COM	3,323	$436K	0.0%	$76.87	+56.3%	CS	478160104
XOM	EXXON MOBIL	11,042	$419K	0.0%	$54.05	-22.1%	CS	30231G102
—	TODD IIV COLLECTIVE FUND	42,500	$365K	0.0%	$8.59	—	CS	41024C711
—	NTT DOCOMO, IN	10,088	$314K	0.0%	$26.86	—	CS	62942M201
ROST	ROSS STORES INC COM	3,544	$308K	0.0%	$91.16	+10.5%	CS	778296103
—	KENTUCKY BANCSHARES INC	16,800	$296K	0.0%	$25.74	—	CS	491203105
—	EATON VANCE MUNICIPAL BD	22,829	$285K	0.0%	$11.78	—	CS	27827X101
KMB	KIMBERLY CLARK CORP COM	2,149	$275K	0.0%	$88.00	+27.4%	CS	494368103
—	BLACKROCK INC	596	$262K	0.0%	$188.72	—	CS	09247X101
TIP	ISHARES BARCLAYS TIPS BOND FUN	2,060	$244K	0.0%	$113.56	—	ETF	464287176
—	KELLOGG CO	4,022	$241K	0.0%	$41.96	+18.2%	CS	487836108
HUM	HUMANA INC	759	$238K	0.0%	$300.46	+6.5%	CS	444859102
IBM	INTL. BUSINESS MACHS CO	2,096	$233K	0.0%	$101.87	-3.5%	CS	459200101
VBLAX	VANGUARD LONG-TERM BOND IDX CL	11,980	$191K	0.0%	$15.94	—	BF	921937652
CWI	SPDR MSCI ACWI EX.U.S.	2,088	$41,000	0.0%	$19.64	—	ETF	78463X848