Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SAP	Sap SE Sp ADR	140,689	$19.25M	8.7%	$80.79	—	ADR	803054204
—	Icon PLC	111,561	$17.18M	7.7%	$132.09	—	COM	g4705a100
—	AerCap Holdings NV	282,979	$14.72M	6.6%	$52.32	—	COM	n00985106
—	Check Point Software Tech Ltd	117,136	$13.54M	6.1%	$105.92	—	COM	m22465104
—	Alibaba Group Holding Ltd Sp A	47,595	$8.065M	3.6%	$126.75	—	ADR	01609w102
TM	Toyota Motor Corp Sp ADR 2	33,512	$4.155M	1.9%	$120.94	—	ADR	892331307
TSM	Taiwan Semiconductor Mfg Ltd S	73,211	$2.868M	1.3%	$25.29	—	ADR	874039100
—	CGI Inc Cl A	37,121	$2.85M	1.3%	$68.76	—	COM	12532h104
INFY	Infosys Ltd Sp ADR	257,724	$2.758M	1.2%	$11.06	—	ADR	456788108
—	Aon Plc	12,934	$2.496M	1.1%	$113.08	—	COM	g0408v102
—	Mastercard Incorporated	9,239	$2.444M	1.1%	$89.77	—	COM	57636q104
ROP	Roper Technologies Inc	6,630	$2.428M	1.1%	$194.28	+75.7%	COM	776696106
—	Verisk Analytics Inc	16,002	$2.344M	1.1%	$81.15	—	COM	92345y106
—	Adobe Systems Inc	7,833	$2.308M	1.0%	$177.30	—	COM	00724f101
TMO	Thermo Fisher Scientific Inc	7,829	$2.299M	1.0%	$172.27	+57.1%	COM	883556102
FISV	Fiserv Inc	25,050	$2.284M	1.0%	$52.02	+68.5%	COM	337738108
DIS	Disney Walt Co Disney	16,194	$2.261M	1.0%	$106.57	+20.1%	COM	254687106
—	Facebook Inc Cl A	11,546	$2.228M	1.0%	$151.65	—	COM	30303m102
—	Accenture PLC Ireland Class A	11,985	$2.214M	1.0%	$113.29	—	COM	g1151c101
—	Visa Inc Cl A	12,665	$2.198M	1.0%	$94.08	—	COM	92826c839
AXP	American Express Co	17,154	$2.117M	1.0%	$95.83	+12.2%	COM	025816109
HD	Home Depot Inc	10,149	$2.111M	1.0%	$156.23	+8.5%	COM	437076102
—	S&P Global Inc	9,120	$2.077M	0.9%	$137.69	—	COM	78409v104
AAPL	Apple Inc	10,448	$2.068M	0.9%	$28.17	+65.5%	COM	037833100
APH	Amphenol Corp New	21,299	$2.043M	0.9%	$13.67	+65.2%	COM	032095101
YUM	Yum Brands Inc	18,363	$2.032M	0.9%	$75.09	+22.4%	COM	988498101
TD	Toronto Dominion Bank Ont	34,316	$2.003M	0.9%	$57.44	-2.1%	COM	891160509
—	HCA Healthcare Inc	14,724	$1.99M	0.9%	$114.62	—	COM	40412c101
—	Ihs Markit Ltd	31,056	$1.979M	0.9%	$43.69	—	COM	g47567105
—	Unitedhealth Group Inc	8,088	$1.974M	0.9%	$193.52	—	COM	91324p102
RY	Royal Bank of Canada Montreal	24,724	$1.963M	0.9%	$62.01	+26.0%	COM	780087102
PEG	Public Service Enterprise Grou	33,082	$1.946M	0.9%	$39.27	+21.1%	COM	744573106
RELX	Relx PLC Sp ADR	78,441	$1.915M	0.9%	$20.93	—	ADR	759530108
—	Ansys Inc	9,169	$1.878M	0.8%	$178.57	—	COM	03662q105
—	Exelon Corp	38,954	$1.867M	0.8%	$40.26	—	COM	30161n101
TXN	Texas Instruments Inc	16,160	$1.854M	0.8%	$56.88	+63.1%	COM	882508104
—	Alphabet Inc Cap Stock Cl A	1,683	$1.823M	0.8%	$1097.63	—	COM	02079k305
—	Broadcom Ltd	6,255	$1.801M	0.8%	$264.67	—	COM	11135f101
PFE	Pfizer Inc	41,480	$1.797M	0.8%	$19.18	+52.3%	COM	717081103
—	Oracle Corp	31,491	$1.794M	0.8%	$42.79	—	COM	68389x105
PSX	Phillips 66	18,523	$1.733M	0.8%	$71.93	-4.8%	COM	718546104
SPG	Simon Property Group Inc	10,567	$1.688M	0.8%	$118.34	+0.6%	COM	828806109
—	Raytheon Co	9,617	$1.672M	0.8%	$165.24	—	COM	755111507
—	Sirius XM Holdings Inc	289,370	$1.615M	0.7%	$5.47	—	COM	82968b103
—	Royal Dutch Shell PLC Sp ADR A	22,708	$1.478M	0.7%	$63.92	—	ADR	780259206
BHP	BHP GROUP LTD	25,423	$1.477M	0.7%	$54.68	—	ADR	088606108
—	Kirkland Lake Gold Ltd	34,130	$1.465M	0.7%	$42.92	—	COM	49741e100
PHG	Koninklijke Philips NV NY Reg	33,548	$1.462M	0.7%	$37.99	—	ADR	500472303
—	Diageo PLC Sp ADR	8,478	$1.461M	0.7%	$112.93	—	ADR	25243q205
OTEX	Open Text Corp	33,832	$1.394M	0.6%	$30.74	+9.3%	COM	683715106
—	Momo Inc ADR	38,629	$1.383M	0.6%	$26.06	—	ADR	60879b107
RIO	Rio Tinto PLC Sp ADR	22,022	$1.373M	0.6%	$58.86	—	COM	767204100
MCO	Moodys Corp	6,986	$1.364M	0.6%	$78.51	+128.6%	COM	615369105
CAE	CAE Inc	50,020	$1.344M	0.6%	$12.92	+86.8%	COM	124765108
CNI	Canadian National Railway Co	14,513	$1.342M	0.6%	$76.24	+6.3%	COM	136375102
—	Novartis AG Sp ADR	14,463	$1.321M	0.6%	$96.13	—	ADR	66987v109
—	Allegion Pub Ltd Co	11,634	$1.286M	0.6%	$90.55	—	COM	g0176j109
BP	BP PLC Sp ADR	30,729	$1.281M	0.6%	$46.10	—	COM	055622104
—	Autohome Inc Sp ADR Rp Cl A	14,871	$1.273M	0.6%	$82.47	—	ADR	05278c107
—	SK Telecom Ltd Sp ADR	51,330	$1.27M	0.6%	$27.80	—	ADR	78440p108
—	Iqvia Holdings Inc	7,807	$1.256M	0.6%	$97.90	—	COM	46266c105
BMO	BANK MONTREAL QUE	16,511	$1.246M	0.6%	$56.87	+1.3%	COM	063671101
—	Telus Corp	33,677	$1.243M	0.6%	$33.15	—	COM	87971m103
—	MSCI Inc	5,167	$1.234M	0.6%	$126.43	—	COM	55354g100
AME	Ametek Inc	13,512	$1.227M	0.6%	$50.18	+63.3%	COM	031100100
—	CDW Corp	10,702	$1.188M	0.5%	$66.84	—	COM	12514g108
CM	Canadian Imperial Bank Comm To	15,109	$1.187M	0.5%	$28.16	+4.2%	COM	136069101
SHW	Sherwin Williams Co	2,524	$1.157M	0.5%	$138.64	+1.6%	COM	824348106
HMC	Honda Motor Ltd American	44,138	$1.141M	0.5%	$33.99	—	ADR	438128308
SYK	Stryker Corp	5,519	$1.135M	0.5%	$89.33	+99.0%	COM	863667101
SNPS	Synopsys Inc	8,749	$1.126M	0.5%	$52.86	+127.6%	COM	871607107
HON	Honeywell Intl Inc	6,436	$1.124M	0.5%	$72.17	+92.1%	COM	438516106
UPS	United Parcel Service Inc	10,723	$1.107M	0.5%	$80.15	0.0%	COM	911312106
ADI	Analog Devices Inc	9,649	$1.089M	0.5%	$82.25	+16.7%	COM	032654105
—	Monster Beverage Corp	17,016	$1.086M	0.5%	$57.31	—	COM	61174x109
—	Ingersoll-Rand PLC	8,501	$1.077M	0.5%	$81.33	—	COM	g47791101
CDNS	Cadence Design System Inc	15,156	$1.073M	0.5%	$36.84	+81.5%	COM	127387108
GD	General Dynamics Corp	5,865	$1.066M	0.5%	$99.33	+48.7%	COM	369550108
—	Nvr Inc	315	$1.063M	0.5%	$2971.14	—	COM	62944t105
—	TE Connectivity Ltd Reg	11,010	$1.055M	0.5%	$65.29	—	COM	h84989104
—	Cisco Systems Inc	19,163	$1.049M	0.5%	$29.61	—	COM	17275r102
—	Cheniere Energy Inc	15,214	$1.041M	0.5%	$68.37	—	COM	16411r208
—	Booking Holdings Inc	547	$1.026M	0.5%	$1721.79	—	COM	09857l108
EXPD	Expeditors Intl Wash Inc	13,441	$1.02M	0.5%	$66.40	+4.8%	COM	302130109
FTS	Fortis Inc	25,563	$1.009M	0.5%	$27.08	+8.7%	COM	349553107
AMGN	Amgen Inc	5,418	$998K	0.4%	$144.43	+1.2%	COM	031162100
—	Intuitive Surgical Inc	1,888	$990K	0.4%	$412.82	—	COM	46120e602
—	Laboratory Corp America Holdin	5,619	$972K	0.4%	$161.74	—	COM	50540r409
LMT	Lockheed Martin Corp	2,551	$927K	0.4%	$250.05	+11.9%	COM	539830109
JNJ	Johnson & Johnson	6,537	$910K	0.4%	$74.18	+54.7%	COM	478160104
INTC	Intel Corp	18,811	$900K	0.4%	$40.06	+7.6%	COM	458140100
—	Comcast Corp New	21,025	$889K	0.4%	$42.28	—	COM	20030n101
BDX	Becton Dickinson & Co	3,458	$871K	0.4%	$209.73	0.0%	COM	075887109
ARW	Arrow Electronics Inc	12,044	$858K	0.4%	$64.59	+14.1%	COM	042735100
UNP	Union Pacific Corp	4,745	$802K	0.4%	$147.77	0.0%	COM	907818108
—	United Technologies Corp	5,761	$750K	0.3%	$130.19	—	COM	913017109
CTSH	Cognizant Technology Solutions	11,411	$723K	0.3%	$70.61	-15.9%	COM	192446102
—	Verizon Communications Inc	12,586	$719K	0.3%	$53.39	—	COM	92343v104
HII	Huntington Ingalls Industries	3,121	$701K	0.3%	$186.29	-0.6%	COM	446413106
PGR	Progressive Corp Ohio	7,518	$601K	0.3%	$52.48	+20.9%	COM	743315103
—	KT Corp Sp ADR	45,426	$562K	0.3%	$16.64	—	ADR	48268k101
—	Total SA Sp ADR	8,605	$480K	0.2%	$57.69	—	ADR	89151e109
—	CNOOC Ltd Sp ADR	2,464	$420K	0.2%	$170.45	—	COM	126132109
—	ENI SPA Sp ADR	12,455	$411K	0.2%	$37.62	—	COM	26874r108
—	Chunghwa Telecom Co Ltd Sp ADR	11,100	$406K	0.2%	$35.81	—	ADR	17133q502
SSL	Sasol Ltd Sp ADR	11,555	$287K	0.1%	$29.32	—	ADR	803866300