Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	AerCap Holdings NV	200,965	$11.8M	5.0%	$46.38	—	COM	n00985106
—	Alibaba Group Holding Ltd Sp A	45,879	$10.4M	4.4%	$150.74	—	ADR	01609w102
—	Check Point Software Tech Ltd	92,377	$10.34M	4.4%	$106.53	—	COM	m22465104
—	Icon PLC	50,640	$9.944M	4.2%	$132.09	—	COM	g4705a100
SAP	Sap SE Sp ADR	68,880	$8.458M	3.6%	$80.79	—	ADR	803054204
—	Wipro Ltd Sp ADR 1 Sh	1,291,351	$8.187M	3.5%	$4.35	—	ADR	97651m109
INFY	Infosys Ltd Sp ADR	285,466	$5.344M	2.3%	$11.91	—	ADR	456788108
AAPL	Apple Inc	33,992	$4.152M	1.8%	$86.79	+44.1%	COM	037833100
TSM	Taiwan Semiconductor Mfg Ltd S	29,342	$3.471M	1.5%	$27.28	—	ADR	874039100
—	Alphabet Inc Cap Stock Cl A	1,595	$3.29M	1.4%	$1107.57	—	COM	02079k305
—	Facebook Inc Cl A	10,303	$3.035M	1.3%	$159.55	—	COM	30303m102
MSFT	Microsoft Corp	11,715	$2.762M	1.2%	$165.15	+35.0%	COM	594918104
—	Monster Beverage Corp	30,144	$2.746M	1.2%	$62.69	—	COM	61174x109
BIDU	Baidu Inc Sp ADR A	11,239	$2.445M	1.0%	$217.55	—	ADR	056752108
—	Sibanye Stillwater Ltd Sp ADR	133,384	$2.382M	1.0%	$15.89	—	ADR	82575p107
—	Ihs Markit Ltd	24,219	$2.344M	1.0%	$48.77	—	COM	g47567105
—	Accenture PLC Ireland Class A	8,385	$2.316M	1.0%	$113.29	—	COM	g1151c101
TMO	Thermo Fisher Scientific Inc	5,036	$2.298M	1.0%	$195.11	+141.5%	COM	883556102
—	Adobe Systems Inc	4,738	$2.252M	1.0%	$194.86	—	COM	00724f101
—	Mastercard Incorporated	6,304	$2.245M	1.0%	$114.07	—	COM	57636q104
—	Unitedhealth Group Inc	6,027	$2.243M	1.0%	$207.27	—	COM	91324p102
HD	Home Depot Inc	7,269	$2.219M	0.9%	$171.59	+42.5%	COM	437076102
KLAC	Kla Corporation	6,496	$2.146M	0.9%	$220.47	+29.7%	COM	482480100
—	Verisk Analytics Inc	11,555	$2.042M	0.9%	$88.04	—	COM	92345y106
TRMB	Trimble Inc	25,930	$2.017M	0.9%	$39.78	+81.6%	COM	896239100
TXN	Texas Instruments Inc	10,568	$1.997M	0.8%	$63.22	+139.4%	COM	882508104
—	S&P Global Inc	5,407	$1.908M	0.8%	$140.89	—	COM	78409v104
—	Aon Plc	8,263	$1.901M	0.8%	$165.05	—	COM	g0403h108
—	iShares MSCI China A	45,523	$1.873M	0.8%	$42.08	—	ETF	46434v514
—	Canadian Pacific Railway Ltd	4,934	$1.871M	0.8%	$255.42	—	COM	13645t100
SHECY	Shin Etsu Chem Co Ltd ADR	43,430	$1.842M	0.8%	$32.78	—	ADR	824551105
—	Zozo Inc Unsponsored ADR	312,440	$1.832M	0.8%	$5.55	—	ADR	98979y106
—	Dell Technologies Inc Cl C	20,728	$1.827M	0.8%	$83.69	—	COM	24703l202
—	Anglo American PLC Sp ADR	91,884	$1.824M	0.8%	$11.81	—	ADR	03485p300
—	Broadcom Ltd	3,905	$1.81M	0.8%	$318.60	—	COM	11135f101
RELX	Relx PLC Sp ADR	70,627	$1.777M	0.8%	$20.97	—	ADR	759530108
—	CGI Inc Cl A	21,292	$1.772M	0.8%	$68.76	—	COM	12532h104
MCO	Moodys Corp	5,922	$1.768M	0.8%	$138.05	+95.8%	COM	615369105
BHP	BHP GROUP LTD	24,971	$1.733M	0.7%	$54.68	—	ADR	088606108
NTDOY	Nintendo Ltd ADR	24,388	$1.727M	0.7%	$71.24	—	ADR	654445303
TM	Toyota Motor Corp Sp ADR 2	10,865	$1.696M	0.7%	$120.94	—	ADR	892331307
—	Recruit Holdings Co Ltd Unspon	172,140	$1.694M	0.7%	$8.41	—	ADR	75629j101
—	Headhunter Group PLC Sp ADS	49,938	$1.694M	0.7%	$15.97	—	ADR	42207l106
OTEX	Open Text Corp	34,704	$1.656M	0.7%	$30.97	+31.8%	COM	683715106
SNPS	Synopsys Inc	6,650	$1.648M	0.7%	$69.10	+267.5%	COM	871607107
—	CDW Corp	9,877	$1.637M	0.7%	$66.84	—	COM	12514g108
SHW	Sherwin Williams Co	2,155	$1.59M	0.7%	$148.27	+53.8%	COM	824348106
AME	Ametek Inc	12,400	$1.584M	0.7%	$50.18	+133.0%	COM	031100100
—	Cbre Group Inc	19,692	$1.558M	0.7%	$52.99	—	COM	12504l109
ADI	Analog Devices Inc	10,028	$1.555M	0.7%	$89.35	+58.0%	COM	032654105
APH	Amphenol Corp New	23,466	$1.548M	0.7%	$22.38	+38.7%	COM	032095101
OMRNY	Omron Corp Sp ADR	19,401	$1.531M	0.6%	$78.56	—	ADR	682151303
—	McKesson Corp	7,755	$1.512M	0.6%	$155.61	—	COM	58155q103
RY	Royal Bank of Canada Montreal	16,298	$1.503M	0.6%	$62.28	+39.8%	COM	780087102
—	Comcast Corp New	27,616	$1.494M	0.6%	$44.47	—	COM	20030n101
BIO	Bio Rad Laboratories Inc Cl A	2,604	$1.487M	0.6%	$367.68	+61.1%	COM	090572207
—	Oracle Corp	21,081	$1.479M	0.6%	$42.79	—	COM	68389x105
PHG	Koninklijke Philips NV NY Reg	25,465	$1.452M	0.6%	$38.17	—	ADR	500472303
—	AmerisourceBergen Corp	12,183	$1.438M	0.6%	$83.20	—	COM	03073e105
—	Netease Inc Sp ADR	13,876	$1.433M	0.6%	$165.69	—	ADR	64110w102
—	D R Horton Inc	15,939	$1.421M	0.6%	$68.93	—	COM	23331a109
—	Visa Inc Cl A	6,690	$1.417M	0.6%	$105.74	—	COM	92826c839
—	Hp Inc	43,481	$1.381M	0.6%	$27.26	—	COM	40434l105
—	Nvr Inc	293	$1.378M	0.6%	$2988.87	—	COM	62944t105
—	Telus Corp	69,123	$1.378M	0.6%	$24.31	—	COM	87971m103
AVY	Avery Dennison Corp	7,448	$1.368M	0.6%	$110.79	+41.9%	COM	053611109
MTD	Mettler Toledo International	1,168	$1.35M	0.6%	$1096.55	+5.7%	COM	592688105
—	Allegion Pub Ltd Co	10,695	$1.344M	0.6%	$90.55	—	COM	g0176j109
—	Laboratory Corp America Holdin	5,199	$1.326M	0.6%	$161.74	—	COM	50540r409
ALL	Allstate Corp	11,513	$1.323M	0.6%	$94.25	+3.7%	COM	020002101
—	Vonovia SE ADR	40,100	$1.317M	0.6%	$34.35	—	ADR	92887h107
—	Verisign Inc	6,621	$1.316M	0.6%	$193.26	—	COM	92343e102
PEG	Public Service Enterprise Grou	21,829	$1.314M	0.6%	$39.27	+24.6%	COM	744573106
—	Ameriprise Financial Inc	5,638	$1.311M	0.6%	$151.11	—	COM	03076c106
—	Trane Technologies PLC	7,855	$1.3M	0.6%	$82.61	—	COM	g8994e103
RIO	Rio Tinto PLC Sp ADR	16,710	$1.298M	0.6%	$58.85	—	COM	767204100
—	Ansys Inc	3,725	$1.265M	0.5%	$178.57	—	COM	03662q105
MKTAY	Makita Corp Sp ADR	28,824	$1.239M	0.5%	$48.20	—	ADR	560877300
SYK	Stryker Corp	5,089	$1.239M	0.5%	$89.33	+155.0%	COM	863667101
INTC	Intel Corp	19,257	$1.232M	0.5%	$45.77	+18.2%	COM	458140100
—	GlaxoSmithKline PLC Sp ADR	34,026	$1.214M	0.5%	$38.35	—	ADR	37733w105
MAS	Masco Corp	20,174	$1.208M	0.5%	$51.02	+0.2%	COM	574599106
—	Novartis AG Sp ADR	14,132	$1.208M	0.5%	$96.13	—	ADR	66987v109
GMAB	Genmab AS Sp ADS	36,492	$1.198M	0.5%	$36.60	—	ADR	372303206
NVO	Novo-Nordisk AS ADR	17,729	$1.195M	0.5%	$63.73	—	ADR	670100205
—	Trend Micro Inc Sp ADR	23,723	$1.194M	0.5%	$60.49	—	ADR	89486m206
MRSH	Marsh & McLennan Cos Inc	9,750	$1.188M	0.5%	$93.00	+15.1%	COM	571748102
—	Booking Holdings Inc	509	$1.186M	0.5%	$1801.17	—	COM	09857l108
UPS	United Parcel Service Inc	6,937	$1.179M	0.5%	$117.34	+12.5%	COM	911312106
—	Veolia Environnement Sp ADR	45,662	$1.174M	0.5%	$21.21	—	ADR	92334n103
—	PennyMac Financial Services In	17,534	$1.172M	0.5%	$65.61	—	COM	70932m107
ROP	Roper Technologies Inc	2,879	$1.161M	0.5%	$216.89	+79.7%	COM	776696106
—	Edwards Lifesciences Corp	13,360	$1.117M	0.5%	$69.13	—	COM	28176e108
JNJ	Johnson & Johnson	6,710	$1.103M	0.5%	$88.73	+58.7%	COM	478160104
FTS	Fortis Inc	25,264	$1.096M	0.5%	$27.08	+25.5%	COM	349553107
GD	General Dynamics Corp	6,023	$1.093M	0.5%	$106.60	+37.9%	COM	369550108
WU	Western Un Co	43,879	$1.082M	0.5%	$26.78	—	COM	959802109
—	Sirius XM Holdings Inc	177,540	$1.081M	0.5%	$5.56	—	COM	82968b103
TTWO	Take-Two Interactive Software	6,055	$1.07M	0.5%	$174.85	+8.4%	COM	874054109
—	Iqvia Holdings Inc	5,512	$1.065M	0.5%	$99.03	—	COM	46266c105
—	Vale SA ADR	59,566	$1.035M	0.4%	$17.38	—	ADR	91912e105
—	AT&T Inc	33,727	$1.021M	0.4%	$36.42	—	COM	00206r102
ORANY	Orange Sp ADR	82,093	$1.012M	0.4%	$15.57	—	ADR	684060106
—	B2Gold Corp	234,534	$1.011M	0.4%	$5.72	—	COM	11777q209
—	Banco Santander Brasil SA ADS	140,497	$991K	0.4%	$7.05	—	ADR	05967a107
—	Intuitive Surgical Inc	1,298	$959K	0.4%	$416.34	—	COM	46120e602
—	Companhia Paranaense Energy Co	757,424	$954K	0.4%	$2.56	—	COM	20441b407
CTSH	Cognizant Technology Solutions	12,113	$946K	0.4%	$70.57	+1.5%	COM	192446102
AMGN	Amgen Inc	3,606	$897K	0.4%	$149.56	+36.9%	COM	031162100
—	Inmode Ltd	8,209	$594K	0.3%	$28.34	—	COM	m5425m103
UNP	Union Pacific Corp	2,608	$575K	0.2%	$188.09	0.0%	COM	907818108
—	Ferguson PLC	4,713	$566K	0.2%	$120.09	—	ADR	g3421j106
—	Logitech Intl SA	4,909	$513K	0.2%	$104.50	—	COM	h50430232
—	Daikin Industries Ltd Unsponso	24,950	$504K	0.2%	$20.20	—	ADR	23381b106
SGIOY	Shionogi & Co Ltd Unsponsored	37,000	$500K	0.2%	$13.51	—	ADR	824667109
TMUS	T Mobile US Inc	3,958	$496K	0.2%	$119.35	+2.0%	COM	872590104
—	Auto Trader Group PLC Unsponso	254,500	$492K	0.2%	$2.02	—	ADR	05277e104
ELV	Anthem Inc	1,248	$448K	0.2%	$263.43	+14.2%	COM	036752103
—	Otis Worldwide Corp	6,144	$421K	0.2%	$58.34	—	COM	68902v107
WMT	Wal-Mart Stores Inc	2,667	$362K	0.2%	$45.12	-4.0%	COM	931142103
—	Paypal Hldgs Inc	1,266	$307K	0.1%	$242.50	—	COM	70450y103
LOW	Lowes Cos Inc	1,558	$296K	0.1%	$156.97	0.0%	COM	548661107
PGR	Progressive Corp Ohio	3,045	$291K	0.1%	$80.60	+0.5%	COM	743315103
—	Costco Wholesale Corp	783	$276K	0.1%	$352.49	—	COM	22160k105
HUM	Humana Inc	626	$262K	0.1%	$383.05	-0.4%	COM	444859102
—	Mobile Telesystems PJSC Sp ADR	29,137	$243K	0.1%	$9.27	—	ADR	607409109
CSX	CSX Corp	2,460	$237K	0.1%	$28.57	0.0%	COM	126408103
NSC	Norfolk Southern Corp	867	$233K	0.1%	$228.85	0.0%	COM	655844108
—	Tencent Music Entertainment Gr	11,371	$233K	0.1%	$19.24	—	ADR	88034p109