Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Icon PLC	43,996	$13.63M	6.0%	$133.94	—	COM	g4705a100
SAP	Sap SE Sp ADR	71,879	$10.07M	4.5%	$83.37	—	ADR	803054204
—	Wipro Ltd Sp ADR 1 Sh	890,221	$8.689M	3.8%	$4.35	—	ADR	97651m109
—	Check Point Software Tech Ltd	66,928	$7.801M	3.5%	$106.61	—	COM	m22465104
INFY	Infosys Ltd Sp ADR	287,669	$7.281M	3.2%	$12.19	—	ADR	456788108
AAPL	Apple Inc	24,329	$4.32M	1.9%	$86.79	+78.2%	COM	037833100
—	Alibaba Group Holding Ltd Sp A	34,360	$4.082M	1.8%	$150.74	—	ADR	01609w102
MSFT	Microsoft Corp	8,632	$2.903M	1.3%	$182.33	+71.9%	COM	594918104
TSM	Taiwan Semiconductor Mfg Ltd S	24,002	$2.888M	1.3%	$31.63	—	ADR	874039100
—	Alphabet Inc Cap Stock Cl A	932	$2.701M	1.2%	$1107.57	—	COM	02079k305
KLAC	Kla Corporation	5,786	$2.489M	1.1%	$220.47	+67.6%	COM	482480100
RELX	Relx PLC Sp ADR	70,501	$2.299M	1.0%	$21.59	—	ADR	759530108
—	Facebook Inc Cl A	6,746	$2.269M	1.0%	$159.55	—	COM	30303m102
—	Accenture PLC Ireland Class A	5,154	$2.137M	0.9%	$113.29	—	COM	g1151c101
—	Ferguson PLC	11,795	$2.116M	0.9%	$155.68	—	ADR	g3421j106
—	Recruit Holdings Co Ltd Unspon	173,275	$2.11M	0.9%	$8.74	—	ADR	75629j101
HD	Home Depot Inc	5,058	$2.099M	0.9%	$171.59	+100.0%	COM	437076102
—	A P Moller-Maersk AS Unsponsor	115,030	$2.062M	0.9%	$13.54	—	ADR	00202f102
—	CDW Corp	9,879	$2.023M	0.9%	$66.84	—	COM	12514g108
TM	Toyota Motor Corp Sp ADR 2	10,820	$2.005M	0.9%	$125.47	—	ADR	892331307
MTD	Mettler Toledo International	1,168	$1.982M	0.9%	$1096.55	+37.9%	COM	592688105
—	Zozo Inc Unsponsored ADR	314,045	$1.979M	0.9%	$5.70	—	ADR	98979y106
NVO	Novo-Nordisk AS ADR	17,647	$1.976M	0.9%	$66.35	—	ADR	670100205
BIO	Bio Rad Laboratories Inc Cl A	2,604	$1.967M	0.9%	$367.68	+103.5%	COM	090572207
APH	Amphenol Corp New	22,256	$1.947M	0.9%	$22.38	+73.9%	COM	032095101
—	Lam Research Corp	2,661	$1.914M	0.8%	$569.33	—	COM	512807108
SHECY	Shin Etsu Chem Co Ltd ADR	43,760	$1.9M	0.8%	$33.59	—	ADR	824551105
—	S&P Global Inc	4,017	$1.896M	0.8%	$157.66	—	COM	78409v104
MCO	Moodys Corp	4,852	$1.895M	0.8%	$138.05	+169.7%	COM	615369105
—	Aon Plc	6,292	$1.891M	0.8%	$165.05	—	COM	g0403h108
—	CGI Inc Cl A	21,324	$1.887M	0.8%	$70.10	—	COM	12532h104
SNPS	Synopsys Inc	5,103	$1.881M	0.8%	$69.10	+388.1%	COM	871607107
AME	Ametek Inc	12,400	$1.823M	0.8%	$50.18	+165.3%	COM	031100100
—	Quest Diagnostics Inc	10,521	$1.82M	0.8%	$145.29	—	COM	74834l100
—	Vivendi SE Unsponsord ADR	134,300	$1.81M	0.8%	$13.48	—	ADR	92852t201
—	Edwards Lifesciences Corp	13,879	$1.798M	0.8%	$71.08	—	COM	28176e108
LOW	Lowes Cos Inc	6,942	$1.794M	0.8%	$175.40	+25.3%	COM	548661107
SGIOY	Shionogi & Co Ltd Unsponsored	101,246	$1.789M	0.8%	$16.15	—	ADR	824667109
—	Adobe Systems Inc	3,143	$1.782M	0.8%	$194.86	—	COM	00724f101
—	Canadian Pacific Railway Ltd	24,774	$1.782M	0.8%	$110.73	—	COM	13645t100
—	ARCELORMITTAL SA LUXEMBOURG NY	55,753	$1.775M	0.8%	$30.17	—	COM	03938l203
SHW	Sherwin Williams Co	5,014	$1.766M	0.8%	$224.50	+38.6%	COM	824348106
—	Petroleo Brasileiro SA Sp ADR	160,436	$1.762M	0.8%	$10.34	—	COM	71654v408
—	Alimentation Couche-Tard Inc C	41,897	$1.756M	0.8%	$41.91	—	COM	01626p304
TMO	Thermo Fisher Scientific Inc	2,631	$1.755M	0.8%	$212.62	+190.3%	COM	883556102
—	Cisco Systems Inc	27,586	$1.748M	0.8%	$63.37	—	COM	17275r102
—	Mastercard Incorporated	4,842	$1.74M	0.8%	$114.07	—	COM	57636q104
—	McKesson Corp	6,997	$1.739M	0.8%	$155.61	—	COM	58155q103
—	D R Horton Inc	15,936	$1.728M	0.8%	$68.93	—	COM	23331a109
—	Nvr Inc	292	$1.726M	0.8%	$2988.87	—	COM	62944t105
—	Unitedhealth Group Inc	3,432	$1.723M	0.8%	$213.54	—	COM	91324p102
—	KKR & Co Inc Cl A	23,079	$1.719M	0.8%	$59.25	—	COM	48251w104
RVTY	PerkinElmer Inc	8,528	$1.715M	0.8%	$174.45	+2.6%	COM	714046109
RY	Royal Bank of Canada Montreal	16,055	$1.704M	0.8%	$64.59	+60.7%	COM	780087102
MRSH	Marsh & McLennan Cos Inc	9,750	$1.695M	0.8%	$93.00	+68.0%	COM	571748102
—	Veolia Environnement Sp ADR	45,936	$1.69M	0.7%	$22.13	—	ADR	92334n103
AMAT	Applied Materials Inc	10,637	$1.674M	0.7%	$130.59	+6.9%	COM	038222105
—	Broadcom Ltd	2,514	$1.673M	0.7%	$318.60	—	COM	11135f101
—	Hp Inc	44,169	$1.664M	0.7%	$28.39	—	COM	40434l105
—	Pt Bank Central Asia Tbk Unspo	124,400	$1.656M	0.7%	$13.31	—	ADR	69368g105
OTEX	Open Text Corp	34,863	$1.655M	0.7%	$32.21	+34.9%	COM	683715106
—	Telus Corp	69,597	$1.64M	0.7%	$24.11	—	COM	87971m103
—	Laboratory Corp America Holdin	5,197	$1.633M	0.7%	$161.74	—	COM	50540r409
—	AmerisourceBergen Corp	12,183	$1.619M	0.7%	$83.20	—	COM	03073e105
AVY	Avery Dennison Corp	7,445	$1.612M	0.7%	$110.79	+79.6%	COM	053611109
TXN	Texas Instruments Inc	8,482	$1.599M	0.7%	$66.66	+155.2%	COM	882508104
—	Trane Technologies PLC	7,855	$1.587M	0.7%	$82.61	—	COM	g8994e103
BRK/B	Berkshire Hathaway Inc Cl B	5,280	$1.579M	0.7%	$279.44	+2.5%	COM	084670702
—	Price T Rowe Group Inc	8,002	$1.574M	0.7%	$197.93	—	COM	74144t108
—	Monster Beverage Corp	16,362	$1.571M	0.7%	$62.69	—	COM	61174x109
SKBSY	Skanska Ab Sp ADR	60,265	$1.561M	0.7%	$26.39	—	ADR	830561205
—	GlaxoSmithKline PLC Sp ADR	35,120	$1.549M	0.7%	$38.34	—	ADR	37733w105
—	Iqvia Holdings Inc	5,417	$1.528M	0.7%	$99.03	—	COM	46266c105
BHP	BHP GROUP LTD	25,183	$1.52M	0.7%	$54.58	—	ADR	088606108
—	Ansys Inc	3,722	$1.493M	0.7%	$178.57	—	COM	03662q105
—	Oracle Corp	17,097	$1.491M	0.7%	$42.79	—	COM	68389x105
UPS	United Parcel Service Inc	6,937	$1.487M	0.7%	$117.34	+43.7%	COM	911312106
—	China Merchants Bank Co Ltd AD	38,225	$1.479M	0.7%	$42.34	—	ADR	16950t102
NUE	Nucor Corp	12,745	$1.455M	0.6%	$102.52	0.0%	COM	670346105
NTDOY	Nintendo Ltd ADR	24,724	$1.443M	0.6%	$70.18	—	ADR	654445303
EXPD	Expeditors Intl Wash Inc	10,639	$1.429M	0.6%	$118.76	+0.2%	COM	302130109
TRMB	Trimble Inc	16,321	$1.423M	0.6%	$39.78	+115.9%	COM	896239100
—	Allegion Pub Ltd Co	10,695	$1.416M	0.6%	$90.55	—	COM	g0176j109
MAS	Masco Corp	20,170	$1.416M	0.6%	$51.02	+17.3%	COM	574599106
—	Intuitive Surgical Inc	3,905	$1.403M	0.6%	$382.96	—	COM	46120e602
SYK	Stryker Corp	5,085	$1.36M	0.6%	$89.33	+181.1%	COM	863667101
—	Trend Micro Inc Sp ADR	23,947	$1.334M	0.6%	$60.10	—	ADR	89486m206
—	JBS SA Sp ADR	97,400	$1.334M	0.6%	$13.58	—	ADR	466110103
TOELY	Tokyo Electron Ltd ADR	9,090	$1.308M	0.6%	$143.89	—	ADR	889110102
—	Verisign Inc	5,064	$1.285M	0.6%	$193.26	—	COM	92343e102
—	Visa Inc Cl A	5,841	$1.266M	0.6%	$107.83	—	COM	92826c839
—	Novartis AG Sp ADR	14,238	$1.245M	0.6%	$94.85	—	ADR	66987v109
FTS	Fortis Inc	25,426	$1.227M	0.5%	$28.09	+37.3%	COM	349553107
—	Logitech Intl SA	14,472	$1.194M	0.5%	$112.72	—	COM	h50430232
—	Vale SA ADR	81,291	$1.14M	0.5%	$16.18	—	ADR	91912e105
RIO	Rio Tinto PLC Sp ADR	16,888	$1.13M	0.5%	$59.52	—	COM	767204100
—	Vonovia SE ADR	40,445	$1.113M	0.5%	$33.97	—	ADR	92887h107
JNJ	Johnson & Johnson	6,292	$1.076M	0.5%	$88.73	+63.5%	COM	478160104
GD	General Dynamics Corp	5,105	$1.064M	0.5%	$106.60	+73.8%	COM	369550108
CIG	Cia Energetica de Minas Gerais	430,431	$1.046M	0.5%	$2.52	—	ADR	204409601
—	Biontech SE Sp ADS	3,923	$1.011M	0.4%	$273.01	—	ADR	09075v102
—	Inmode Ltd	13,904	$981K	0.4%	$53.50	—	COM	m5425m103
CTSH	Cognizant Technology Solutions	10,813	$959K	0.4%	$70.57	+6.7%	COM	192446102
—	Sirius XM Holdings Inc	149,949	$952K	0.4%	$5.56	—	COM	82968b103
—	Companhia Paranaense Energy Co	153,132	$862K	0.4%	$5.87	—	COM	20441b605
—	Dell Technologies Inc Cl C	15,145	$851K	0.4%	$83.69	—	COM	24703l202
AMGN	Amgen Inc	3,745	$843K	0.4%	$151.44	+22.3%	COM	031162100
WU	Western Un Co	44,046	$786K	0.3%	$26.78	—	COM	959802109
—	Auto Trader Group PLC Unsponso	254,500	$641K	0.3%	$2.02	—	ADR	05277e104
—	Anglo American PLC Sp ADR	31,115	$640K	0.3%	$17.77	—	ADR	03485p300
JAPAY	Japan Tobacco Inc Unsponsord A	62,000	$626K	0.3%	$9.85	—	ADR	471105205
—	Daikin Industries Ltd Unsponso	24,950	$565K	0.3%	$20.20	—	ADR	23381b106
—	Companhia Siderurgica Nacional	120,702	$536K	0.2%	$8.31	—	ADR	20440w105
—	Constellium SE Cl A	24,730	$443K	0.2%	$18.76	—	COM	f21107101
—	360 Digitech Inc American Dep	16,500	$378K	0.2%	$22.91	—	ADR	88557w101
—	Danaos Corporation	4,100	$306K	0.1%	$74.63	—	COM	y1968p121
AMZN	Amazon.com Inc	64	$213K	0.1%	$166.20	+3.0%	COM	023135106
PM	Philip Morris Intl Inc	2,157	$205K	0.1%	$81.05	-5.8%	COM	718172109