Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UBS	UBS GROUP AG	559,170	$16.46M	13.8%	$19.15	+55.2%	SHS	H42097107
CP	CANADIAN PACIFIC KANSAS CITY	165,646	$13.04M	10.9%	$75.56	+6.5%	COM	13646K108
TSM	TAIWAN SEMICONDUCTOR MFG LTD	55,280	$9.608M	8.0%	$92.95	—	ADS	874039100
AMZN	AMAZON.COM INC	36,847	$7.121M	6.0%	$122.73	+49.7%	COM	023135106
GOOG	ALPHABET INC	35,535	$6.518M	5.5%	$112.58	+50.0%	COM	02079K107
MSFT	MICROSOFT CORP	11,969	$5.35M	4.5%	$315.53	+32.2%	COM	594918104
META	META PLATFORMS INC	10,208	$5.147M	4.3%	$319.39	+51.3%	COM	30303M102
IFF	INTERNATIONAL FLAVORS&FRAGRA	37,850	$3.604M	3.0%	$68.77	+28.7%	COM	459506101
V	VISA INC	12,294	$3.227M	2.7%	$209.48	+29.3%	COM	92826C839
AAPL	APPLE INC	14,856	$3.129M	2.6%	$158.79	+16.6%	COM	037833100
DG	DOLLAR GEN CORP NEW	23,557	$3.115M	2.6%	$131.57	+2.3%	COM	256677105
MA	MASTERCARD INC	6,996	$3.086M	2.6%	$347.19	+30.1%	COM	57636Q104
MMYT	MAKEMYTRIP LIMITED MAURITIUS	34,327	$2.887M	2.4%	$56.89	+31.3%	SHS	V5633W109
IBN	ICICI BANK LIMITED	89,706	$2.584M	2.2%	$24.49	—	ADR	45104G104
KSPI	KASPI KZ JSC	17,885	$2.307M	1.9%	$128.98	—	ADS	48581R205
SCCO	SOUTHERN COPPER CORP	21,053	$2.268M	1.9%	$63.78	+63.1%	COM	84265V105
ELV	ANTHEM INC	3,906	$2.117M	1.8%	$404.78	+26.9%	COM	036752103
BRK/B	BERKSHIRE HATHAWAY INC	5,153	$2.096M	1.8%	$297.34	+37.4%	COM	084670702
INDA	ISHARES TR MSCI INDIA	36,956	$2.061M	1.7%	$48.81	—	ETF	46429B598
SGOL	ABRDN GOLD ETF TRUST	91,506	$2.033M	1.7%	$20.39	—	ETF	00326A104
BAC	BANK OF AMERICA CORP	42,001	$1.67M	1.4%	$28.97	+27.2%	COM	060505104
EMBJ	EMBRAER S.A.	57,011	$1.471M	1.2%	$25.80	—	ADS	29082A107
VIST	VISTA ENERGY S.A.B. DE C.V.	32,130	$1.461M	1.2%	$27.49	—	ADS	92837L109
TJX	TJX COS INC/THE	11,975	$1.318M	1.1%	$65.41	+50.8%	COM	872540109
SMIN	ISHARES MSCI INDIA SMALL-CAP	15,894	$1.286M	1.1%	$66.72	—	ETF	46429B614
BKNG	BOOKING HOLDINGS INC	312	$1.236M	1.0%	$2331.16	+56.8%	COM	09857L108
HDB	HDFC BANK LTD	18,302	$1.177M	1.0%	$64.33	—	ADS	40415F101
BABA	ALIBABA GROUP HOLDING LTD	16,241	$1.169M	1.0%	$88.24	—	ADR	01609W102
CPA	COPA HOLDINGS SA	11,578	$1.102M	0.9%	$84.34	+6.5%	CL A	P31076105
ASML	ASML HOLDING NV	1,068	$1.092M	0.9%	$707.68	—	NY REG SHRS	N07059210
BAP	CREDICORP LTD	6,525	$1.053M	0.9%	$153.64	0.0%	COM	G2519Y108
SPGI	S&P GLOBAL INC	2,357	$1.051M	0.9%	$438.08	-3.3%	COM	78409V104
DHR	DANAHER CORPORATION	3,984	$995K	0.8%	$226.70	+10.4%	COM	235851102
TGS	TRANSPORTADORA DE GAS SUR	44,381	$842K	0.7%	$16.65	—	ADS	893870204
BCS	BARCLAYS PLC	70,393	$754K	0.6%	$8.85	—	ADR	06738E204
MELI	MERCADOLIBRE INC	337	$554K	0.5%	$1636.68	-3.5%	COM	58733R102
GFI	GOLD FIELDS LTD	36,534	$544K	0.5%	$13.32	—	ADR	38059T106
AZN	ASTRAZENECA PLC	6,548	$511K	0.4%	$60.60	—	ADR	046353108
SMFG	SUMITOMO MITSUI FINL GROUP	32,946	$442K	0.4%	$8.27	—	ADR	86562M209
ARGT	GLOBAL X FDS GB MSCI AR	7,028	$399K	0.3%	$52.27	—	ETF	37950E259
FMX	FOMENTO ECONOMICO MEXICANO	3,707	$399K	0.3%	$110.84	—	ADR	344419106
JD	JD.COM INC	13,998	$362K	0.3%	$26.72	—	ADR CL A	47215P106
RDY	DR REDDYS LABS LTD	4,525	$345K	0.3%	$55.42	—	ADR	256135203
CCU	COMPANIA CERVECERIAS UNIDAS	15,081	$172K	0.1%	$11.38	—	ADR	204429104
CAAP	CORPORACION AMER ARPTS S A	7,520	$125K	0.1%	$17.41	0.0%	COM	L1995B107
SAP	SAP SE	616	$124K	0.1%	$130.73	—	ADR	803054204
ING	ING GROEP N.V.	3,457	$59,253	0.0%	$12.32	—	ADR	456837103
—	TOTALENERGIES SE	455	$30,339	0.0%	$60.10	—	ADS	89151E109
SMH	VANECK ETF TRUST SEMICONDUCTOR	21	$5,475	0.0%	$260.71	—	ETF	92189F676
KB	KB FINANCIAL GROUP INC	35	$1,981	0.0%	$56.60	—	ADR	48241A105
TUR	ISHARES MSCI TURKEY	24	$1,008	0.0%	$42.00	—	ETF	464286715