Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SAP	Sap SE Sp ADR	151,402	$17.48M	7.4%	$80.79	—	ADR	803054204
—	Icon PLC	108,521	$14.82M	6.2%	$131.48	—	COM	g4705a100
—	Check Point Software Tech Ltd	113,735	$14.39M	6.0%	$105.63	—	COM	m22465104
—	AerCap Holdings NV	268,030	$12.47M	5.2%	$52.34	—	COM	n00985106
—	Alibaba Group Holding Ltd Sp A	47,595	$8.684M	3.7%	$126.75	—	ADR	01609w102
TM	Toyota Motor Corp Sp ADR 2	33,503	$3.954M	1.7%	$120.94	—	ADR	892331307
TSM	Taiwan Semiconductor Mfg Ltd S	80,425	$3.294M	1.4%	$25.29	—	ADR	874039100
TMO	Thermo Fisher Scientific Inc	10,658	$2.917M	1.2%	$172.27	+41.9%	COM	883556102
ROP	Roper Technologies Inc	8,475	$2.898M	1.2%	$194.28	+50.1%	COM	776696106
—	CGI Inc Cl A	42,047	$2.891M	1.2%	$68.76	—	COM	12532h104
—	Mastercard Incorporated	12,021	$2.83M	1.2%	$89.77	—	COM	57636q104
BIDU	Baidu Inc Sp ADR A	16,850	$2.778M	1.2%	$221.04	—	ADR	056752108
—	Verisk Analytics Inc	20,114	$2.675M	1.1%	$81.15	—	COM	92345y106
FISV	Fiserv Inc	29,533	$2.607M	1.1%	$52.02	+58.6%	COM	337738108
—	Aon Plc	15,227	$2.599M	1.1%	$113.08	—	COM	g0408v102
YUM	Yum Brands Inc	25,346	$2.53M	1.1%	$75.09	+11.1%	COM	988498101
—	Accenture PLC Ireland Class A	14,078	$2.478M	1.0%	$113.29	—	COM	g1151c101
—	Adobe Systems Inc	9,227	$2.459M	1.0%	$177.30	—	COM	00724f101
APH	Amphenol Corp New	25,090	$2.37M	1.0%	$13.67	+53.1%	COM	032095101
AAPL	Apple Inc	12,243	$2.325M	1.0%	$28.17	+43.5%	COM	037833100
—	Visa Inc Cl A	14,858	$2.321M	1.0%	$94.08	—	COM	92826c839
DHR	Danaher Corp	17,552	$2.317M	1.0%	$31.98	+210.8%	COM	235851102
PEG	Public Service Enterprise Grou	38,959	$2.315M	1.0%	$39.27	+12.8%	COM	744573106
—	Exelon Corp	46,129	$2.312M	1.0%	$40.26	—	COM	30161n101
—	S&P Global Inc	10,913	$2.298M	1.0%	$137.69	—	COM	78409v104
—	Facebook Inc Cl A	13,640	$2.274M	1.0%	$151.65	—	COM	30303m102
HD	Home Depot Inc	11,819	$2.268M	1.0%	$156.23	-1.0%	COM	437076102
SPG	Simon Property Group Inc	12,360	$2.252M	0.9%	$118.34	+2.7%	COM	828806109
INFY	Infosys Ltd Sp ADR	204,900	$2.24M	0.9%	$11.16	—	ADR	456788108
—	Cisco Systems Inc	41,384	$2.234M	0.9%	$29.61	—	COM	17275r102
AXP	American Express Co	20,136	$2.201M	0.9%	$95.83	0.0%	COM	025816109
—	Alphabet Inc Cap Stock Cl A	1,812	$2.133M	0.9%	$1097.63	—	COM	02079k305
DIS	Disney Walt Co Disney	18,989	$2.108M	0.9%	$106.57	+1.2%	COM	254687106
PSX	Phillips 66	21,956	$2.09M	0.9%	$71.93	0.0%	COM	718546104
—	Raytheon Co	11,410	$2.078M	0.9%	$165.24	—	COM	755111507
PFE	Pfizer Inc	48,433	$2.057M	0.9%	$19.18	+52.4%	COM	717081103
TXN	Texas Instruments Inc	18,854	$2M	0.8%	$56.88	+50.1%	COM	882508104
—	Ansys Inc	10,936	$1.998M	0.8%	$178.57	—	COM	03662q105
—	Oracle Corp	37,168	$1.996M	0.8%	$42.79	—	COM	68389x105
—	Ihs Markit Ltd	36,436	$1.981M	0.8%	$43.69	—	COM	g47567105
—	Sirius XM Holdings Inc	339,622	$1.926M	0.8%	$5.47	—	COM	82968b103
TD	Toronto Dominion Bank Ont	35,311	$1.918M	0.8%	$57.44	-3.8%	COM	891160509
—	Autohome Inc Sp ADR Rp Cl A	17,949	$1.887M	0.8%	$82.47	—	ADR	05278c107
—	HCA Healthcare Inc	14,437	$1.882M	0.8%	$114.21	—	COM	40412c101
RY	Royal Bank of Canada Montreal	24,528	$1.853M	0.8%	$62.01	+22.0%	COM	780087102
RELX	Relx PLC Sp ADR	78,450	$1.683M	0.7%	$20.93	—	ADR	759530108
—	MSCI Inc	8,150	$1.621M	0.7%	$126.43	—	COM	55354g100
MCO	Moodys Corp	8,680	$1.572M	0.7%	$78.51	+97.3%	COM	615369105
EDNMY	Edenred SA ADR	63,500	$1.453M	0.6%	$18.36	—	ADR	279655104
SNPS	Synopsys Inc	12,611	$1.452M	0.6%	$52.86	+87.5%	COM	871607107
—	Biogen Inc	6,042	$1.428M	0.6%	$303.25	—	COM	09062x103
—	Iqvia Holdings Inc	9,701	$1.395M	0.6%	$97.90	—	COM	46266c105
AME	Ametek Inc	16,800	$1.394M	0.6%	$50.18	+44.6%	COM	031100100
BHP	BHP GROUP LTD	25,419	$1.39M	0.6%	$54.68	—	ADR	088606108
—	Diageo PLC Sp ADR	8,477	$1.387M	0.6%	$112.93	—	ADR	25243q205
—	Novartis AG Sp ADR	14,407	$1.385M	0.6%	$96.13	—	ADR	66987v109
HNGKY	Hongkong Ld Hldgs Ltd	38,400	$1.385M	0.6%	$36.07	—	ADR	438581308
—	Ingersoll-Rand PLC	12,801	$1.382M	0.6%	$81.33	—	COM	g47791101
PHG	Koninklijke Philips NV NY Reg	33,541	$1.37M	0.6%	$37.99	—	ADR	500472303
CDNS	Cadence Design System Inc	21,520	$1.367M	0.6%	$36.84	+43.8%	COM	127387108
SYK	Stryker Corp	6,914	$1.366M	0.6%	$89.33	+87.1%	COM	863667101
—	Intuitive Surgical Inc	2,386	$1.361M	0.6%	$412.82	—	COM	46120e602
SHW	Sherwin Williams Co	3,122	$1.345M	0.6%	$138.64	-5.6%	COM	824348106
BP	BP PLC Sp ADR	30,724	$1.343M	0.6%	$46.10	—	COM	055622104
—	Allegion Pub Ltd Co	14,525	$1.318M	0.6%	$90.55	—	COM	g0176j109
—	Royal Dutch Shell PLC Sp ADR A	20,994	$1.314M	0.6%	$63.83	—	ADR	780259206
OTEX	Open Text Corp	33,827	$1.3M	0.5%	$30.74	0.0%	COM	683715106
—	Cheniere Energy Inc	19,000	$1.299M	0.5%	$68.37	—	COM	16411r208
—	Broadcom Ltd	4,316	$1.298M	0.5%	$254.23	—	COM	11135f101
RIO	Rio Tinto PLC Sp ADR	22,019	$1.296M	0.5%	$58.86	—	COM	767204100
—	CDW Corp	13,294	$1.281M	0.5%	$66.84	—	COM	12514g108
HON	Honeywell Intl Inc	8,030	$1.276M	0.5%	$72.17	+67.9%	COM	438516106
AMGN	Amgen Inc	6,713	$1.275M	0.5%	$144.43	+7.1%	COM	031162100
EXPD	Expeditors Intl Wash Inc	16,724	$1.269M	0.5%	$66.40	0.0%	COM	302130109
ADI	Analog Devices Inc	12,040	$1.267M	0.5%	$82.25	+7.5%	COM	032654105
—	Momo Inc ADR	33,083	$1.265M	0.5%	$24.43	—	ADR	60879b107
INTC	Intel Corp	23,487	$1.261M	0.5%	$40.06	+9.4%	COM	458140100
—	SK Telecom Ltd Sp ADR	51,319	$1.257M	0.5%	$27.80	—	ADR	78440p108
—	Telus Corp	33,670	$1.247M	0.5%	$33.15	—	COM	87971m103
HMC	Honda Motor Ltd American	44,283	$1.203M	0.5%	$33.99	—	ADR	438128308
CM	Canadian Imperial Bank Comm To	15,096	$1.194M	0.5%	$28.16	+6.0%	COM	136069101
ARW	Arrow Electronics Inc	15,029	$1.158M	0.5%	$64.59	+18.8%	COM	042735100
—	Monster Beverage Corp	21,200	$1.157M	0.5%	$57.31	—	COM	61174x109
JNJ	Johnson & Johnson	8,131	$1.137M	0.5%	$74.18	+48.7%	COM	478160104
—	Booking Holdings Inc	647	$1.129M	0.5%	$1721.79	—	COM	09857l108
—	Dowdupont Inc	21,100	$1.125M	0.5%	$53.46	—	COM	26078j100
CAE	CAE Inc	50,016	$1.108M	0.5%	$12.92	+59.4%	COM	124765108
—	TE Connectivity Ltd Reg	13,701	$1.106M	0.5%	$65.29	—	COM	h84989104
MGA	Magna Intl Inc	22,318	$1.087M	0.5%	$48.93	-17.3%	COM	559222401
—	Nvr Inc	390	$1.08M	0.5%	$2971.14	—	COM	62944t105
JMHLY	JARDINE MATHESON HLDGS LTD	17,224	$1.074M	0.5%	$66.64	—	ADR	471115402
—	Laboratory Corp America Holdin	7,014	$1.073M	0.5%	$161.74	—	COM	50540r409
CTSH	Cognizant Technology Solutions	14,500	$1.051M	0.4%	$70.61	-10.5%	COM	192446102
—	Unitedhealth Group Inc	4,043	$1M	0.4%	$142.94	—	COM	91324p102
FTS	Fortis Inc	25,559	$945K	0.4%	$27.08	+1.1%	COM	349553107
—	LyondellBasell Industries NV A	11,007	$926K	0.4%	$93.59	—	COM	n53745100
—	Sinopec Shanghai Petrochemical	19,143	$914K	0.4%	$60.00	—	ADR	82935m109
—	Verizon Communications Inc	15,040	$889K	0.4%	$53.39	—	COM	92343v104
GD	General Dynamics Corp	5,140	$870K	0.4%	$92.50	+55.4%	COM	369550108
CNI	Canadian National Railway Co	9,507	$851K	0.4%	$73.71	0.0%	COM	136375102
LMT	Lockheed Martin Corp	2,749	$825K	0.3%	$250.05	-2.6%	COM	539830109
HUM	Humana Inc	2,754	$733K	0.3%	$271.28	0.0%	COM	444859102
HII	Huntington Ingalls Industries	3,371	$699K	0.3%	$186.29	-5.3%	COM	446413106
PGR	Progressive Corp Ohio	8,064	$581K	0.2%	$52.48	+5.7%	COM	743315103
—	KT Corp Sp ADR	45,426	$565K	0.2%	$16.64	—	ADR	48268k101
TX	Ternium SA Sp ADR	17,936	$488K	0.2%	$34.82	—	ADR	880890108
—	Total SA Sp ADR	8,600	$479K	0.2%	$57.69	—	ADR	89151e109
—	ENI SPA Sp ADR	12,448	$439K	0.2%	$37.62	—	COM	26874r108
—	China Petroleum & Chem Corp Sp	5,227	$416K	0.2%	$79.59	—	ADR	16941r108
—	ASM Intl NV NY Register Sh	7,618	$413K	0.2%	$54.21	—	ADR	n07045102
—	Chunghwa Telecom Co Ltd Sp ADR	11,100	$395K	0.2%	$35.81	—	ADR	17133q502
BMO	BANK MONTREAL QUE	5,108	$382K	0.2%	$55.18	0.0%	COM	063671101
SSL	Sasol Ltd Sp ADR	11,545	$357K	0.2%	$29.32	—	ADR	803866300
—	HDFC Bank Ltd ADR Reps 3	2,480	$287K	0.1%	$66.37	—	ADR	40415f101