Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Check Point Software Tech Ltd	63,045	$7.678M	5.2%	$106.61	—	COM	m22465104
SAP	Sap SE Sp ADR	59,911	$5.435M	3.7%	$83.37	—	ADR	803054204
—	Alibaba Group Holding Ltd Sp A	32,698	$3.717M	2.5%	$150.74	—	ADR	01609w102
INFY	Infosys Ltd Sp ADR	182,480	$3.378M	2.3%	$12.19	—	ADR	456788108
AAPL	Apple Inc	21,698	$2.967M	2.0%	$86.79	+71.3%	COM	037833100
MSFT	Microsoft Corp	7,806	$2.005M	1.4%	$186.91	+40.9%	COM	594918104
TSM	Taiwan Semiconductor Mfg Ltd S	23,110	$1.889M	1.3%	$36.70	—	ADR	874039100
—	Alphabet Inc Cap Stock Cl A	832	$1.814M	1.2%	$1107.57	—	COM	02079k305
NVO	Novo-Nordisk AS ADR	15,117	$1.684M	1.1%	$66.35	—	ADR	670100205
—	Unitedhealth Group Inc	3,215	$1.651M	1.1%	$213.54	—	COM	91324p102
RELX	Relx PLC Sp ADR	60,923	$1.641M	1.1%	$21.59	—	ADR	759530108
—	Alimentation Couche-Tard Inc C	41,897	$1.633M	1.1%	$41.91	—	COM	01626p304
—	CDW Corp	9,881	$1.557M	1.0%	$66.84	—	COM	12514g108
—	Icon PLC	7,182	$1.556M	1.0%	$133.94	—	COM	g4705a100
STLD	Steel Dynamics Inc	23,356	$1.545M	1.0%	$63.45	+19.2%	COM	858119100
MRSH	Marsh & McLennan Cos Inc	9,772	$1.517M	1.0%	$93.00	+63.1%	COM	571748102
—	Canadian Pacific Railway Ltd	21,136	$1.476M	1.0%	$110.73	—	COM	13645t100
—	CGI Inc Cl A	18,277	$1.456M	1.0%	$70.10	—	COM	12532h104
TM	Toyota Motor Corp Sp ADR 2	9,262	$1.428M	1.0%	$125.47	—	ADR	892331307
—	Quest Diagnostics Inc	10,527	$1.4M	0.9%	$145.29	—	COM	74834l100
CL	Colgate Palmolive Co	17,038	$1.365M	0.9%	$72.33	-0.7%	COM	194162103
AME	Ametek Inc	12,409	$1.364M	0.9%	$50.18	+136.4%	COM	031100100
MTD	Mettler Toledo International	1,168	$1.342M	0.9%	$1096.55	+14.6%	COM	592688105
AZO	AutoZone Inc	624	$1.341M	0.9%	$2056.62	0.0%	COM	053332102
RY	Royal Bank of Canada Montreal	13,795	$1.336M	0.9%	$64.59	+58.3%	COM	780087102
NUE	Nucor Corp	12,762	$1.332M	0.9%	$102.52	+24.7%	COM	670346105
—	Telus Corp	59,682	$1.33M	0.9%	$24.11	—	COM	87971m103
—	Accenture PLC Ireland Class A	4,787	$1.329M	0.9%	$113.29	—	COM	g1151c101
—	Straumann Holding AG ADR	110,469	$1.327M	0.9%	$12.01	—	ADR	86317t103
PFE	Pfizer Inc	25,208	$1.322M	0.9%	$42.00	0.0%	COM	717081103
—	Hp Inc	40,176	$1.317M	0.9%	$28.39	—	COM	40434l105
BRK/B	Berkshire Hathaway Inc Cl B	4,799	$1.31M	0.9%	$279.44	+12.3%	COM	084670702
—	Petroleo Brasileiro SA Sp ADR	111,876	$1.307M	0.9%	$10.34	—	COM	71654v408
—	JBS SA Sp ADR	107,870	$1.305M	0.9%	$13.44	—	ADR	466110103
MCO	Moodys Corp	4,757	$1.294M	0.9%	$138.05	+110.1%	COM	615369105
—	GSK PLC ADR	29,712	$1.293M	0.9%	$43.52	—	ADR	37733W105
HD	Home Depot Inc	4,711	$1.292M	0.9%	$171.59	+56.8%	COM	437076102
—	Edwards Lifesciences Corp	13,379	$1.272M	0.9%	$71.08	—	COM	28176e108
TSCDY	Tesco Plc Sp Adr	133,984	$1.245M	0.8%	$9.29	—	ADR	881575401
—	Pt Bank Central Asia Tbk Unspo	103,090	$1.237M	0.8%	$13.31	—	ADR	69368g105
—	Laboratory Corp America Holdin	5,202	$1.219M	0.8%	$161.74	—	COM	50540r409
TXN	Texas Instruments Inc	7,935	$1.219M	0.8%	$66.66	+126.5%	COM	882508104
RVTY	PerkinElmer Inc	8,533	$1.213M	0.8%	$174.45	-14.9%	COM	714046109
—	McKesson Corp	3,707	$1.209M	0.8%	$155.61	—	COM	58155q103
—	Mastercard Incorporated	3,811	$1.202M	0.8%	$114.07	—	COM	57636q104
—	Anglo American PLC Sp ADR	66,717	$1.2M	0.8%	$18.27	—	ADR	03485p300
BHP	BHP GROUP LTD	21,363	$1.2M	0.8%	$54.58	—	ADR	088606108
LVMUY	LVMH Moet Hennessy Louis Vuitt	9,796	$1.197M	0.8%	$122.19	—	ADR	502441306
SNPS	Synopsys Inc	3,933	$1.194M	0.8%	$69.10	+336.6%	COM	871607107
ARW	Arrow Electronics Inc	10,645	$1.193M	0.8%	$125.27	-6.8%	COM	042735100
—	Broadcom Ltd	2,447	$1.189M	0.8%	$318.60	—	COM	11135f101
LOW	Lowes Cos Inc	6,730	$1.176M	0.8%	$175.40	+2.4%	COM	548661107
—	Iqvia Holdings Inc	5,417	$1.175M	0.8%	$99.03	—	COM	46266c105
—	Aon Plc	4,346	$1.172M	0.8%	$165.05	—	COM	g0403h108
—	Nvr Inc	292	$1.17M	0.8%	$2988.87	—	COM	62944t105
—	Vivendi SE Unsponsord ADR	115,450	$1.167M	0.8%	$13.48	—	ADR	92852t201
APH	Amphenol Corp New	18,062	$1.163M	0.8%	$22.38	+50.1%	COM	032095101
—	Ferguson PLC	10,469	$1.159M	0.8%	$155.68	—	ADR	g3421j106
—	Oracle Corp	16,568	$1.158M	0.8%	$42.79	—	COM	68389x105
—	A P Moller-Maersk AS Unsponsor	98,941	$1.153M	0.8%	$13.54	—	ADR	00202f102
—	Sonic Healthcare Ltd Sp ADR	50,329	$1.148M	0.8%	$22.81	—	ADR	83546a203
—	AmerisourceBergen Corp	8,082	$1.143M	0.8%	$83.20	—	COM	03073e105
—	O Reilly Automotive Inc New	1,801	$1.138M	0.8%	$631.87	—	COM	67103h107
NTDOY	Nintendo Ltd ADR	21,118	$1.137M	0.8%	$70.18	—	ADR	654445303
KNX	Knight-Swift Trans Holdings In	24,428	$1.131M	0.8%	$45.27	0.0%	COM	499049104
OTEX	Open Text Corp	29,851	$1.13M	0.8%	$32.21	+9.8%	COM	683715106
—	Regeneron Pharmaceuticals	1,912	$1.13M	0.8%	$698.32	—	COM	75886f107
GD	General Dynamics Corp	5,105	$1.129M	0.8%	$106.60	+100.2%	COM	369550108
IT	Gartner Inc	4,661	$1.127M	0.8%	$289.54	-8.1%	COM	366651107
KLAC	Kla Corporation	3,502	$1.117M	0.8%	$220.47	+46.8%	COM	482480100
—	Visa Inc Cl A	5,626	$1.108M	0.7%	$107.83	—	COM	92826c839
—	Adobe Systems Inc	3,025	$1.107M	0.7%	$194.86	—	COM	00724f101
—	Lam Research Corp	2,545	$1.085M	0.7%	$569.33	—	COM	512807108
—	ARCELORMITTAL SA LUXEMBOURG NY	47,703	$1.078M	0.7%	$30.17	—	COM	03938l203
—	Cisco Systems Inc	25,229	$1.076M	0.7%	$63.37	—	COM	17275r102
—	D R Horton Inc	15,955	$1.056M	0.7%	$68.93	—	COM	23331a109
—	Auto Trader Group PLC Unsponso	641,500	$1.052M	0.7%	$2.06	—	ADR	05277e104
—	Allegion Pub Ltd Co	10,691	$1.047M	0.7%	$90.55	—	COM	g0176j109
EXPD	Expeditors Intl Wash Inc	10,651	$1.038M	0.7%	$118.76	-17.6%	COM	302130109
SGIOY	Shionogi & Co Ltd Unsponsored	81,402	$1.029M	0.7%	$16.15	—	ADR	824667109
NRG	NRG Energy Inc	26,837	$1.024M	0.7%	$37.04	0.0%	COM	629377508
MAS	Masco Corp	20,194	$1.022M	0.7%	$51.02	-3.3%	COM	574599106
—	Novartis AG Sp ADR	12,082	$1.021M	0.7%	$94.85	—	ADR	66987v109
FTS	Fortis Inc	21,588	$1.02M	0.7%	$28.09	+51.5%	COM	349553107
JNJ	Johnson & Johnson	5,726	$1.016M	0.7%	$88.73	+80.2%	COM	478160104
—	Vale SA ADR	69,457	$1.016M	0.7%	$16.18	—	ADR	91912e105
SYK	Stryker Corp	5,085	$1.012M	0.7%	$89.33	+152.9%	COM	863667101
—	Trend Micro Inc Sp ADR	20,638	$1.007M	0.7%	$60.10	—	ADR	89486m206
SHECY	Shin Etsu Chem Co Ltd ADR	35,860	$1.007M	0.7%	$33.59	—	ADR	824551105
—	Meta Platforms Inc Cl A	6,147	$991K	0.7%	$159.55	—	COM	30303m102
TOELY	Tokyo Electron Ltd ADR	11,975	$976K	0.7%	$138.50	—	ADR	889110102
LEN	Lennar Corp Cl A	13,806	$974K	0.7%	$84.95	-18.3%	COM	526057104
INTU	Intuit	2,525	$973K	0.7%	$499.50	-19.0%	COM	461202103
AXP	American Express Co	7,011	$972K	0.7%	$171.78	-8.3%	COM	025816109
—	Veolia Environnement Sp ADR	39,093	$957K	0.6%	$22.13	—	ADR	92334n103
AMAT	Applied Materials Inc	10,407	$947K	0.6%	$130.59	-18.8%	COM	038222105
—	Sirius XM Holdings Inc	145,645	$893K	0.6%	$5.56	—	COM	82968b103
EONGY	E On SE Sp ADR	106,333	$891K	0.6%	$11.59	—	ADR	268780103
CIG	Cia Energetica de Minas Gerais	436,028	$881K	0.6%	$2.52	—	ADR	204409601
RIO	Rio Tinto PLC Sp ADR	14,427	$880K	0.6%	$59.52	—	COM	767204100
AMGN	Amgen Inc	3,617	$880K	0.6%	$151.44	+44.3%	COM	031162100
—	Stellantis NV	69,865	$864K	0.6%	$16.27	—	COM	n82405106
—	Verisign Inc	4,895	$819K	0.6%	$193.26	—	COM	92343e102
—	Intuitive Surgical Inc	3,817	$766K	0.5%	$382.96	—	COM	46120e602
—	Companhia Paranaense Energy Co	119,116	$758K	0.5%	$5.87	—	COM	20441b605
WU	Western Un Co	43,888	$723K	0.5%	$26.78	—	COM	959802109
CTSH	Cognizant Technology Solutions	10,513	$710K	0.5%	$70.57	+2.1%	COM	192446102
—	Dell Technologies Inc Cl C	14,834	$685K	0.5%	$83.69	—	COM	24703l202
SGBLY	Standard Bank Group Ltd Sp ADR	69,500	$670K	0.5%	$12.52	—	ADR	853118206
JAPAY	Japan Tobacco Inc Unsponsord A	62,000	$534K	0.4%	$9.85	—	ADR	471105205
IX	ORIX Corp Sp ADR	5,308	$447K	0.3%	$99.85	—	ADR	686330101
—	Prysmian Spa Unsponsord ADR	32,000	$437K	0.3%	$16.97	—	ADR	74440l106
—	ENI SPA Sp ADR	11,350	$270K	0.2%	$23.79	—	COM	26874r108
—	Danaos Corporation	4,173	$263K	0.2%	$74.43	—	COM	y1968p121
—	Inmode Ltd	11,390	$255K	0.2%	$53.50	—	COM	m5425m103
—	Constellium SE Cl A	17,530	$232K	0.2%	$18.76	—	COM	f21107101
—	Global Ship Lease Inc Cl A	12,370	$204K	0.1%	$16.49	—	COM	y27183600