Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SAP	Sap SE Sp ADR	148,894	$14.82M	6.9%	$80.21	—	ADR	803054204
—	Icon PLC	104,937	$13.56M	6.3%	$131.30	—	COM	g4705a100
—	Check Point Software Tech Ltd	109,452	$11.23M	5.3%	$104.82	—	COM	m22465104
—	AerCap Holdings NV	256,737	$10.17M	4.8%	$52.59	—	COM	n00985106
—	Alibaba Group Holding Ltd Sp A	52,155	$7.149M	3.3%	$126.75	—	ADR	01609w102
TM	Toyota Motor Corp Sp ADR 2	34,900	$4.051M	1.9%	$120.94	—	ADR	892331307
TSM	Taiwan Semiconductor Mfg Ltd S	84,814	$3.13M	1.5%	$25.29	—	ADR	874039100
BIDU	Baidu Inc Sp ADR A	17,121	$2.715M	1.3%	$221.04	—	ADR	056752108
INFY	Infosys Ltd Sp ADR	270,354	$2.574M	1.2%	$11.16	—	ADR	456788108
—	Unitedhealth Group Inc	10,113	$2.519M	1.2%	$142.94	—	COM	91324p102
—	WNS Holdings Ltd Sp ADR	59,160	$2.441M	1.1%	$37.32	—	ADR	92932m101
TMO	Thermo Fisher Scientific Inc	10,758	$2.407M	1.1%	$172.27	+33.7%	COM	883556102
YUM	Yum Brands Inc	25,649	$2.358M	1.1%	$75.09	+4.4%	COM	988498101
—	Exelon Corp	50,955	$2.298M	1.1%	$40.26	—	COM	30161n101
—	Mastercard Incorporated	12,123	$2.287M	1.1%	$89.77	—	COM	57636q104
ROP	Roper Technologies Inc	8,575	$2.286M	1.1%	$194.28	+39.6%	COM	776696106
PFE	Pfizer Inc	51,420	$2.244M	1.0%	$19.18	+56.5%	COM	717081103
—	Aon Plc	15,427	$2.243M	1.0%	$113.08	—	COM	g0408v102
—	Adobe Systems Inc	9,843	$2.227M	1.0%	$177.30	—	COM	00724f101
—	Verisk Analytics Inc	20,315	$2.215M	1.0%	$81.15	—	COM	92345y106
FISV	Fiserv Inc	29,839	$2.193M	1.0%	$52.02	+48.6%	COM	337738108
DIS	Disney Walt Co Disney	19,187	$2.104M	1.0%	$106.57	+2.4%	COM	254687106
SPG	Simon Property Group Inc	12,458	$2.093M	1.0%	$118.34	+2.2%	COM	828806109
—	Accenture PLC Ireland Class A	14,808	$2.088M	1.0%	$113.29	—	COM	g1151c101
APH	Amphenol Corp New	25,390	$2.057M	1.0%	$13.67	+46.7%	COM	032095101
PEG	Public Service Enterprise Grou	39,362	$2.049M	1.0%	$39.27	+7.7%	COM	744573106
HD	Home Depot Inc	11,919	$2.048M	1.0%	$156.23	-3.7%	COM	437076102
DHR	Danaher Corp	19,777	$2.039M	1.0%	$31.98	+174.8%	COM	235851102
—	Visa Inc Cl A	15,059	$1.987M	0.9%	$94.08	—	COM	92826c839
—	CGI Groupe Inc Cl A	32,187	$1.97M	0.9%	$42.71	—	COM	39945c109
—	Sirius XM Holdings Inc	343,580	$1.962M	0.9%	$5.47	—	COM	82968b103
AAPL	Apple Inc	12,341	$1.947M	0.9%	$28.17	+63.3%	COM	037833100
—	S&P Global Inc	11,013	$1.872M	0.9%	$137.69	—	COM	78409v104
TD	Toronto Dominion Bank Ont	36,610	$1.82M	0.9%	$57.44	-4.7%	COM	891160509
—	Cisco Systems Inc	41,788	$1.811M	0.8%	$29.61	—	COM	17275r102
RY	Royal Bank of Canada Montreal	26,364	$1.806M	0.8%	$62.01	+17.7%	COM	780087102
—	Facebook Inc Cl A	13,744	$1.802M	0.8%	$151.65	—	COM	30303m102
TXN	Texas Instruments Inc	19,052	$1.8M	0.8%	$56.88	+39.1%	COM	882508104
—	Ansys Inc	12,436	$1.778M	0.8%	$178.57	—	COM	03662q105
—	Ihs Markit Ltd	36,836	$1.767M	0.8%	$43.69	—	COM	g47567105
RELX	Relx PLC Sp ADR	85,335	$1.751M	0.8%	$20.93	—	ADR	759530108
SYK	Stryker Corp	11,026	$1.728M	0.8%	$89.33	+73.3%	COM	863667101
—	Oracle Corp	37,575	$1.697M	0.8%	$42.79	—	COM	68389x105
—	LyondellBasell Industries NV A	19,415	$1.615M	0.8%	$93.59	—	COM	n53745100
—	Laboratory Corp America Holdin	12,530	$1.583M	0.7%	$161.74	—	COM	50540r409
—	HollyFrontier Corporation	30,964	$1.583M	0.7%	$69.91	—	COM	436106108
—	Shire PLC Sp ADR	8,386	$1.459M	0.7%	$168.79	—	ADR	82481r106
—	SK Telecom Ltd Sp ADR	53,750	$1.441M	0.7%	$27.80	—	ADR	78440p108
—	CDW Corp	16,823	$1.364M	0.6%	$66.84	—	COM	12514g108
CAE	CAE Inc	72,817	$1.336M	0.6%	$12.92	+44.8%	COM	124765108
—	Intuitive Surgical Inc	2,790	$1.336M	0.6%	$412.82	—	COM	46120e602
—	Diageo PLC Sp ADR	9,325	$1.322M	0.6%	$112.93	—	ADR	25243q205
—	Iqvia Holdings Inc	11,361	$1.32M	0.6%	$97.90	—	COM	46266c105
AMGN	Amgen Inc	6,712	$1.307M	0.6%	$144.43	+8.6%	COM	031162100
—	Royal Dutch Shell PLC Sp ADR A	21,887	$1.275M	0.6%	$63.83	—	ADR	780259206
FTS	Fortis Inc	37,949	$1.266M	0.6%	$27.08	-5.1%	COM	349553107
ADI	Analog Devices Inc	14,500	$1.245M	0.6%	$82.25	-7.8%	COM	032654105
CM	Canadian Imperial Bank Comm To	16,596	$1.237M	0.6%	$28.16	+7.3%	COM	136069101
SHW	Sherwin Williams Co	3,122	$1.228M	0.6%	$138.64	-8.7%	COM	824348106
PHG	Koninklijke Philips NV NY Reg	34,932	$1.226M	0.6%	$37.99	—	ADR	500472303
HMC	Honda Motor Ltd American	46,281	$1.224M	0.6%	$33.99	—	ADR	438128308
EDNMY	Edenred SA ADR	66,400	$1.219M	0.6%	$18.36	—	ADR	279655104
BP	BP PLC Sp ADR	32,124	$1.218M	0.6%	$46.10	—	COM	055622104
MCO	Moodys Corp	8,680	$1.216M	0.6%	$78.51	+80.6%	COM	615369105
—	MSCI Inc	8,150	$1.202M	0.6%	$126.43	—	COM	55354g100
—	Autohome Inc Sp ADR Rp Cl A	15,103	$1.181M	0.6%	$78.20	—	ADR	05278c107
—	Norbord Inc	44,004	$1.17M	0.5%	$33.80	—	COM	65548p403
—	Ingersoll-Rand PLC	12,801	$1.168M	0.5%	$81.33	—	COM	g47791101
—	Telus Corp	35,026	$1.161M	0.5%	$33.15	—	COM	87971m103
—	Allegion Pub Ltd Co	14,525	$1.158M	0.5%	$90.55	—	COM	g0176j109
—	Alphabet Inc Cap Stock Cl A	1,090	$1.139M	0.5%	$1044.95	—	COM	02079k305
CDNS	Cadence Design System Inc	26,200	$1.139M	0.5%	$36.84	+17.8%	COM	127387108
AME	Ametek Inc	16,800	$1.137M	0.5%	$50.18	+36.3%	COM	031100100
—	Dowdupont Inc	21,100	$1.128M	0.5%	$53.46	—	COM	26078j100
—	Booking Holdings Inc	647	$1.114M	0.5%	$1721.79	—	COM	09857l108
INTC	Intel Corp	23,487	$1.102M	0.5%	$40.06	+0.3%	COM	458140100
—	Broadcom Ltd	4,319	$1.098M	0.5%	$254.23	—	COM	11135f101
ORANY	Orange Sp ADR	67,764	$1.097M	0.5%	$17.08	—	ADR	684060106
SNPS	Synopsys Inc	12,615	$1.063M	0.5%	$52.86	+68.1%	COM	871607107
HON	Honeywell Intl Inc	8,030	$1.061M	0.5%	$72.17	+63.1%	COM	438516106
MGA	Magna Intl Inc	23,317	$1.06M	0.5%	$48.93	-21.1%	COM	559222401
IX	ORIX Corp Sp ADR	14,713	$1.053M	0.5%	$89.86	—	ADR	686330101
JNJ	Johnson & Johnson	8,130	$1.049M	0.5%	$74.18	+53.9%	COM	478160104
—	HCA Healthcare Inc	8,400	$1.045M	0.5%	$102.61	—	COM	40412c101
—	Monster Beverage Corp	21,200	$1.043M	0.5%	$57.31	—	COM	61174x109
—	Biogen Inc	3,460	$1.041M	0.5%	$353.18	—	COM	09062x103
ARW	Arrow Electronics Inc	15,029	$1.036M	0.5%	$64.59	+10.1%	COM	042735100
—	TE Connectivity Ltd Reg	13,701	$1.036M	0.5%	$65.29	—	COM	h84989104
—	Temenos AG Sp ADR	8,370	$1.015M	0.5%	$162.96	—	ADR	87974r208
CI	Cigna Corporation	5,333	$1.013M	0.5%	$190.77	0.0%	COM	125523100
WFG	West Fraser Timber Ltd	20,412	$1.001M	0.5%	$65.49	-21.4%	COM	952845105
—	Cdk Global Inc	20,080	$961K	0.4%	$62.56	—	COM	12508e101
—	Nvr Inc	390	$951K	0.4%	$2971.14	—	COM	62944t105
CTSH	Cognizant Technology Solutions	14,500	$920K	0.4%	$70.61	-11.3%	COM	192446102
EMN	Eastman Chem Co	12,401	$907K	0.4%	$64.04	-3.6%	COM	277432100
—	Fiat Chrysler Automobiles NV	62,271	$900K	0.4%	$17.85	—	COM	n31738102
—	KT Corp Sp ADR	61,346	$872K	0.4%	$16.64	—	ADR	48268k101
—	Verizon Communications Inc	15,438	$868K	0.4%	$53.39	—	COM	92343v104
—	Sinopec Shanghai Petrochemical	19,942	$861K	0.4%	$60.00	—	ADR	82935m109
—	Momo Inc ADR	34,692	$824K	0.4%	$24.43	—	ADR	60879b107
GD	General Dynamics Corp	5,140	$808K	0.4%	$92.50	+64.4%	COM	369550108
JMHLY	Jardine Matheson Holdings Ltd	11,100	$766K	0.4%	$69.01	—	ADR	471115402
LMT	Lockheed Martin Corp	2,835	$742K	0.3%	$250.05	0.0%	COM	539830109
PGR	Progressive Corp Ohio	12,262	$740K	0.3%	$52.48	0.0%	COM	743315103
—	Raytheon Co	4,599	$705K	0.3%	$140.25	—	COM	755111507
HII	Huntington Ingalls Industries	3,470	$660K	0.3%	$186.29	0.0%	COM	446413106
TX	Ternium SA Sp ADR	23,796	$645K	0.3%	$34.82	—	ADR	880890108
—	Constellation Brands Inc Cl A	3,910	$629K	0.3%	$160.87	—	COM	21036p108
—	Total SA Sp ADR	9,693	$506K	0.2%	$57.69	—	ADR	89151e109
—	Exxon Mobile Corp	6,542	$446K	0.2%	$81.88	—	COM	30231g102
—	ENI SPA Sp ADR	13,938	$439K	0.2%	$37.62	—	COM	26874r108
—	Chunghwa Telecom Co Ltd Sp ADR	11,134	$398K	0.2%	$35.81	—	ADR	17133q502
—	Ase Industrial Holding Co Ltd	94,725	$355K	0.2%	$4.60	—	ADR	00215w100
SSL	Sasol Ltd Sp ADR	11,700	$343K	0.2%	$29.32	—	ADR	803866300
SU	Suncor Energy Inc	12,026	$336K	0.2%	$25.07	0.0%	COM	867224107
AZN	AstraZeneca PLC Sp ADR	6,920	$263K	0.1%	$34.05	—	ADR	046353108
—	HDFC Bank Ltd ADR Reps 3	2,480	$257K	0.1%	$66.37	—	ADR	40415f101