Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	TELEPERFORMANCE	60,318	$22.03M	4.1%	$223.32	—	COM	005999330
—	NETCOMPANY GROUP A/S	164,002	$15.65M	2.9%	$47.42	—	COM	00BFYDWS1
—	KERRY LOGISTICS NETWORK LTD	4,875,787	$14.61M	2.7%	$1.78	—	COM	00BH0W286
—	COUNTRYSIDE PROPERTIES PLC	1,705,101	$11.95M	2.2%	$5.09	—	COM	00BYPHNG0
—	SECOM CO	132,770	$11.19M	2.1%	$86.33	—	COM	006791591
—	RUBIS	208,116	$9.882M	1.9%	$54.05	—	COM	00BDT88L2
—	DCC PLC	111,317	$9.66M	1.8%	$87.67	—	COM	000242493
—	UDG HEALTHCARE PLC	888,448	$9.629M	1.8%	$10.12	—	COM	003302480
—	SINGAPORE EXCHANGE LTD	1,240,672	$9.206M	1.7%	$6.62	—	COM	006303866
—	HELLOFRESH SE	116,831	$8.733M	1.6%	$74.75	—	COM	00BYWH8S0
—	SONIC HEALTHCARE LTD	317,769	$8.493M	1.6%	$19.00	—	COM	006821120
—	MAREL HF	1,201,394	$8.246M	1.5%	$5.03	—	COM	00BK1X320
—	HELIOS TOWERS PLC	3,535,845	$8.245M	1.5%	$2.15	—	COM	00BJVQC70
—	NORDIC SEMICONDUCTOR ASA	452,149	$8.12M	1.5%	$16.59	—	COM	00B00ZG06
—	FUTURE PLC	285,905	$7.55M	1.4%	$25.47	—	COM	00BYZN904
—	ORPEA	62,487	$7.256M	1.4%	$119.74	—	COM	007339451
—	TECHNOPRO HOLDINGS INC	85,817	$7.16M	1.3%	$61.66	—	COM	00BSM8SQ9
NICE	NICE SYSTEMS LTD SPONS ADR	32,533	$7.091M	1.3%	$149.02	—	COM	653656108
—	MENICON CO LTD	119,328	$7.052M	1.3%	$60.36	—	COM	00BYL7K85
AAPL	APPLE INC	57,236	$6.991M	1.3%	$100.73	+24.2%	COM	037833100
TSM	TAIWAN SEMICONDUCTOR	54,441	$6.439M	1.2%	$64.58	—	COM	874039100
—	AVID BIOSERVICES INC	352,844	$6.432M	1.2%	$4.59	—	COM	05368M106
STE	STERIS PLC	32,783	$6.245M	1.2%	$128.44	+38.4%	COM	G8473T100
—	ALFEN BEHEER BV	73,142	$6.035M	1.1%	$99.53	—	COM	00BG0SJ42
MSFT	MICROSOFT CORP	25,564	$6.027M	1.1%	$173.06	+28.8%	COM	594918104
—	NOMURA RESEARCH INSTITUTE	183,418	$5.685M	1.1%	$16.03	—	COM	006390921
—	MEDICOVER AB	261,204	$5.604M	1.1%	$19.31	—	COM	00BYQMFK2
—	NIPPON GAS CO LTD	318,486	$5.551M	1.0%	$19.94	—	COM	006640068
IESC	IES HOLDINGS INC	104,655	$5.276M	1.0%	$20.24	+137.7%	COM	44951W106
—	FAR EAST HORIZON LTD	4,172,009	$5.012M	0.9%	$1.04	—	COM	00B63DLB5
QCOM	QUALCOMM INC	37,601	$4.986M	0.9%	$78.75	+64.7%	COM	747525103
—	QAD INC	73,319	$4.882M	0.9%	$42.51	—	COM	74727D306
—	NAKANISHI INC	229,570	$4.789M	0.9%	$18.43	—	COM	006271071
—	GVS SPA	300,866	$4.745M	0.9%	$14.37	—	COM	00BMVB793
—	SHIN ETSU CHEMICAL CO LTD	27,800	$4.682M	0.9%	$123.32	—	COM	006804585
AGYS	AGILYSYS INC	96,030	$4.606M	0.9%	$20.14	+147.1%	COM	00847J105
NOMD	NOMAD FOODS LIMITED	167,495	$4.599M	0.9%	$13.91	+86.0%	COM	G6564A105
SHO	SUNSTONE HOTEL INVESTORS INC R	368,391	$4.59M	0.9%	$11.70	—	COM	867892101
—	BRYN MAWR BANK CORP	100,676	$4.582M	0.9%	$34.47	—	COM	117665109
FSV	FIRSTSERVICE CORPORATION	30,425	$4.509M	0.8%	$87.64	+61.4%	COM	33767E202
NTAP	NETAPP INC	61,800	$4.491M	0.8%	$46.56	+28.2%	COM	64110D104
—	VESTAS WIND SYSTEMS AS	21,700	$4.465M	0.8%	$121.28	—	COM	005964651
UFPT	UFP TECHNOLOGIES INC	83,653	$4.168M	0.8%	$41.19	+18.5%	COM	902673102
LEA	LEAR CORP	22,944	$4.159M	0.8%	$93.08	+61.9%	COM	521865204
MLI	MUELLER INDUSTRIES INC	100,319	$4.148M	0.8%	$13.69	+34.2%	COM	624756102
—	SATS LTD NPV	1,270,903	$4.115M	0.8%	$2.20	—	COM	006243586
—	APPEN LTD	337,296	$4.067M	0.8%	$18.56	—	COM	00BTPJH25
—	ARGAN INC	73,345	$3.913M	0.7%	$42.34	—	COM	04010e109
SWKS	SKYWORKS SOLUTIONS INC	20,901	$3.835M	0.7%	$104.53	+46.3%	COM	83088M102
KO	COCA COLA CO	72,223	$3.807M	0.7%	$39.39	+10.2%	COM	191216100
—	TENCENT HOLDINGS LTD	48,300	$3.79M	0.7%	$52.45	—	COM	00BMMV2K8
—	BANDAI NAMCO HOLDINGS INC	52,200	$3.729M	0.7%	$59.06	—	COM	00B0JDQD4
—	CHASE CORP	31,652	$3.684M	0.7%	$94.40	—	COM	16150R104
AMGN	AMGEN INC	14,657	$3.647M	0.7%	$197.41	+3.7%	COM	031162100
—	MAGNA INTERNATIONAL INC	38,958	$3.431M	0.6%	$44.77	—	COM	002554475
NRIM	NORTHRIM BANCORP INC	80,409	$3.418M	0.6%	$5.48	+44.6%	COM	666762109
—	VOLKSWAGEN AG PREF	11,700	$3.281M	0.6%	$186.50	—	COM	005497168
NXPI	NXP SEMICONDUCTORS NV	16,266	$3.275M	0.6%	$97.40	+72.0%	COM	N6596X109
—	SMS CO LTD	106,984	$3.272M	0.6%	$27.82	—	COM	00B2PLYM1
—	BLACKROCK INC	4,049	$3.053M	0.6%	$550.43	—	COM	09247X101
LUKOY	PJSC LUKOIL	37,730	$3.048M	0.6%	$68.76	—	COM	69343P105
—	STMICROELECTRONICS NV	79,692	$3.043M	0.6%	$28.34	—	COM	005962332
SAFT	SAFETY INS GROUP INC	35,257	$2.97M	0.6%	$71.23	+12.9%	COM	78648T100
BBY	BEST BUY CO INC	25,520	$2.93M	0.6%	$67.21	+34.7%	COM	086516101
SIGA	SIGA TECHNOLOGIES INC	450,060	$2.925M	0.5%	$2.72	+82.5%	COM	826917106
ALEX	ALEXANDER & BALDWIN INC	168,436	$2.828M	0.5%	$20.44	—	COM	014491104
HCKT	HACKETT GROUP INC	172,319	$2.824M	0.5%	$13.09	+18.2%	COM	404609109
—	ANTA SPORTS PRODUCTS LTD	172,000	$2.805M	0.5%	$8.97	—	COM	00B1YVKN8
PLUS	EPLUS INC	27,741	$2.764M	0.5%	$37.75	+25.6%	COM	294268107
PARR	PAR PETROLEUM CORPORATION	192,009	$2.711M	0.5%	$14.28	+8.9%	COM	69888T207
—	LEVI STRAUSS AND CO	112,593	$2.692M	0.5%	$13.40	—	COM	52736r102
—	ASR NEDERLAND NV	56,016	$2.516M	0.5%	$32.51	—	COM	00BD9PNF2
—	ASTELLAS PHARMA INC	162,400	$2.501M	0.5%	$16.09	—	COM	006985383
—	PERSIMMON P L C	61,100	$2.478M	0.5%	$37.82	—	COM	000682538
BABA	ALIBABA GROUP	10,894	$2.47M	0.5%	$212.52	—	COM	01609W102
WINA	WINMARK CORP	13,222	$2.465M	0.5%	$134.00	+35.6%	COM	974250102
—	VALMET OYJ	67,100	$2.446M	0.5%	$24.94	—	COM	00BH6XZT5
—	RWE AG	62,180	$2.442M	0.5%	$36.17	—	COM	004768962
—	ASSOCIATED BRITISH FOODS PLC	73,089	$2.435M	0.5%	$24.78	—	COM	000673123
SNEX	STONEX GROUP INC	36,799	$2.406M	0.5%	$27.13	0.0%	COM	861896108
—	FACEBOOK INC	8,160	$2.403M	0.5%	$255.33	—	COM	30303m102
—	VINCI SA	23,173	$2.379M	0.4%	$92.55	—	COM	00B1XH026
—	THALES SA	23,658	$2.356M	0.4%	$82.44	—	COM	004162791
—	OPEN TEXT CORP NPV	49,250	$2.348M	0.4%	$41.25	—	COM	002260824
—	HAIER SMART HOME CO LTD	582,400	$2.33M	0.4%	$3.62	—	COM	00BLD4QD0
—	TAIWAN SEMICONDUCTOR MANUFACTU	111,000	$2.284M	0.4%	$11.03	—	COM	006889106
HDB	HDFC BANK LTD	46,187	$2.251M	0.4%	$55.06	—	COM	40415F101
JD	JD COM INC	32,363	$2.111M	0.4%	$54.07	—	COM	47215P106
—	LEGAL & GENERAL GP ORD	534,263	$2.057M	0.4%	$2.81	—	COM	000560399
MELI	MERCADOLIBRE INC	1,385	$2.039M	0.4%	$572.72	+196.3%	COM	58733R102
—	SHANGHAI HAOHAI BIOLOGICAL TEC	258,848	$1.974M	0.4%	$6.94	—	COM	00BWZN1R1
—	SAMSUNG ELECTRONICS CO LTD	26,650	$1.917M	0.4%	$46.71	—	COM	006771720
—	COMPUTACENTER PLC	52,959	$1.732M	0.3%	$23.58	—	COM	00BV9FP30
—	TRAVELSKY TECHNOLOGY LTD	738,096	$1.726M	0.3%	$2.17	—	COM	006321954
GILD	GILEAD SCIENCES INC	26,500	$1.713M	0.3%	$56.12	-4.9%	COM	375558103
—	BOYD GROUP SERVICES INC	9,722	$1.647M	0.3%	$109.68	—	COM	00BKPNC96
—	AIA GROUP LTD	118,800	$1.441M	0.3%	$10.50	—	COM	00B4TX8S1
—	BEACH ENERGY LTD	1,038,600	$1.357M	0.3%	$1.39	—	COM	006088204
—	VITASOY INTERNATIONAL HOLDINGS	323,000	$1.242M	0.2%	$3.63	—	COM	006927590
—	BAJAJ FINANCE LTD	16,905	$1.191M	0.2%	$37.50	—	COM	00BD2N0P2
—	L'OREAL SA	3,070	$1.179M	0.2%	$323.58	—	COM	004057808
HTHT	HUAZHU GROUP LTD	21,162	$1.162M	0.2%	$39.64	—	COM	44332N106
—	APOLLO HOSPITALS ENTERPRISE LT	28,123	$1.116M	0.2%	$17.89	—	COM	006273583
—	LI NING CO LTD	171,500	$1.114M	0.2%	$3.01	—	COM	00B01JCK9
YUMC	YUM CHINA HOLDINGS INC	18,159	$1.075M	0.2%	$44.44	+34.5%	COM	98850P109
—	CHINA MENGNIU DAIRY CO LTD	187,000	$1.07M	0.2%	$4.05	—	COM	00B01B1L9
—	WILCON DEPOT INC	2,882,000	$1.057M	0.2%	$0.34	—	COM	00BYXYHM7
LFCR	LANDEC CORP	94,407	$1.001M	0.2%	$12.30	-8.6%	COM	514766104
—	CSPC PHARMA GROUP	828,080	$1.001M	0.2%	$1.62	—	COM	006191997
—	PING AN HEALTHCARE AND TECHNOL	79,400	$996K	0.2%	$9.31	—	COM	00BDRYVB3
—	KOTAK MAHINDRA BANK LTD	39,421	$945K	0.2%	$18.01	—	COM	006135661
—	HEINEKEN MALAYSIA BHD	150,100	$934K	0.2%	$6.57	—	COM	006397803
—	HONG KONG EXCHANGES & CLEARING	15,500	$912K	0.2%	$33.29	—	COM	006267359
—	ADIDAS AG	2,909	$910K	0.2%	$311.26	—	COM	004031976
—	TAIWAN FAMILYMART CO LTD/TAIWA	98,000	$907K	0.2%	$7.36	—	COM	006440945
—	UNIVERSAL ROBINA CORP	327,410	$897K	0.2%	$2.81	—	COM	006919519
—	WAL-MART DE MEXICO SAB DE CV	283,900	$895K	0.2%	$2.79	—	COM	00BW1YVH8
—	TITAN CO LTD	41,966	$894K	0.2%	$12.58	—	COM	006139340
—	MOSCOW EXCHANGE MICEX-RTS	374,380	$862K	0.2%	$1.78	—	COM	00B9GFHQ6
—	PRESIDENT CHAIN STORE CORP	90,000	$858K	0.2%	$10.01	—	COM	006704986
—	NASPERS LTD	3,563	$852K	0.2%	$185.41	—	COM	006622691
—	B3 SA - BRASIL BOLSA BALCAO	85,400	$827K	0.2%	$10.68	—	COM	00BG36ZK1
—	PHILIPPINE SEVEN CORP	431,400	$818K	0.2%	$2.80	—	COM	006040378
TCOM	TRIP COM GROUP LTD	20,611	$817K	0.2%	$32.09	—	COM	89677Q107
—	CARLSBERG BREWERY MALAYSIA B	141,600	$815K	0.2%	$6.46	—	COM	00B09FGC9
—	ALSEA SAB DE CV	545,500	$807K	0.2%	$1.73	—	COM	002563017
—	ALIBABA GROUP HOLDING LTD	28,500	$806K	0.2%	$30.15	—	COM	00BK6YZP5
—	HCL TECHNOLOGIES LTD	59,699	$802K	0.2%	$12.14	—	COM	006294896
—	CP ALL PCL	362,500	$802K	0.2%	$1.93	—	COM	00B08YDF9
—	NEW ORIENTAL ED & TECH	56,143	$786K	0.1%	$22.84	—	COM	647581107
—	TATA CONSULTANCY SERVICES LTD	17,893	$778K	0.1%	$32.68	—	COM	00B01NPJ1
—	UNICHARM CORP	18,300	$769K	0.1%	$35.49	—	COM	006911485
—	HAPVIDA PARTICIPACOES E INVEST	275,000	$725K	0.1%	$3.80	—	COM	00BF4J7N9
BIDU	BAIDU INC ADR	3,319	$722K	0.1%	$126.54	—	COM	056752108
—	AZUL SA	35,712	$721K	0.1%	$27.24	—	COM	05501U106
—	RAIA DROGASIL SA	162,000	$719K	0.1%	$7.78	—	COM	00b7fqv64
—	GENTING BHD	581,500	$705K	0.1%	$1.14	—	COM	00B1VXJL8
—	LOJAS RENNER SA	92,900	$701K	0.1%	$7.12	—	COM	00B0CGYD6
ABT	ABBOTT LABORATORIES	5,841	$700K	0.1%	$75.30	+44.3%	COM	002824100
—	CLICKS GROUP LTD	42,307	$689K	0.1%	$18.34	—	COM	006105578
—	HDFC ASSET MANAGEMENT CO LTD	17,233	$688K	0.1%	$39.94	—	COM	00BG0R3M5
TAL	Tal Education Group	12,700	$684K	0.1%	$49.67	—	COM	874080104
—	UNILEVER PLC	12,207	$683K	0.1%	$55.63	—	COM	00B10RZP7
—	LOCALIZA RENT A CAR	62,600	$663K	0.1%	$6.32	—	COM	00B08K3S0
—	DIVI'S LABORATORIES LTD	13,304	$659K	0.1%	$49.53	—	COM	006602518
—	NIPPON LIFE INDIA ASSET MANAGE	141,817	$656K	0.1%	$4.24	—	COM	00BF29PR1
—	BANK RAKYAT INDONESIA PERSER	2,135,500	$647K	0.1%	$0.32	—	COM	006709099
—	TECH MAHINDRA LTD	44,444	$603K	0.1%	$13.35	—	COM	00BWFGD63
—	PARQUE ARAUCO SA	300,883	$588K	0.1%	$2.43	—	COM	002684349
—	CREDICORP LTD	4,302	$588K	0.1%	$210.00	—	COM	g2519y108
—	TSINGTAO BREWERY CO LTD	65,000	$576K	0.1%	$6.72	—	COM	006905808
—	ACE HARDWARE INDONESIA	5,445,200	$572K	0.1%	$0.11	—	COM	00B7JW351
—	MEDIATEK INC	16,000	$543K	0.1%	$25.85	—	COM	006372480
—	LONGI GREEN ENERGY TECHNOLOGY	39,800	$534K	0.1%	$13.42	—	COM	00B759P50
—	ASPEN PHARMACARE HOLDINGS LT	53,787	$526K	0.1%	$7.80	—	COM	00B09C0Z1
—	ARAMEX PJSC	489,278	$523K	0.1%	$0.97	—	COM	00B0LWK71
—	REAL MATTERS INC	45,900	$522K	0.1%	$19.43	—	COM	00BZ4FM87
—	MOMO.COM INC	15,000	$520K	0.1%	$15.33	—	COM	00BJYP111
—	SINBON ELECTRONICS CO LTD	56,000	$518K	0.1%	$8.36	—	COM	006349354
—	ARCO PLATFORM LTD	20,208	$512K	0.1%	$36.00	—	COM	G04553106
JOYY	JOYY INC	5,398	$506K	0.1%	$88.55	—	COM	46591M109
—	BUMRUNGRAD HOSPITAL PCL	177,100	$500K	0.1%	$3.54	—	COM	00B0166H5
—	DOUYU INTERNATIONAL HOLDINGS L	47,133	$491K	0.1%	$11.54	—	COM	25985W105
—	RELIANCE INDUSTRIES LTD	17,892	$490K	0.1%	$28.80	—	COM	006099626
—	GRUPO AEROPORTUARIO DEL SUREST	27,490	$488K	0.1%	$17.07	—	COM	002639349
—	GRUPO AEROPORTUARIO DEL PACIFI	46,000	$480K	0.1%	$11.15	—	COM	00B0ZV104
—	NESTLE INDIA LTD	1,974	$463K	0.1%	$251.77	—	COM	006128605
—	COUNTRY GARDEN SERVICES HOLDIN	45,700	$463K	0.1%	$10.13	—	COM	00BDQZP48
—	UNILEVER INDONESIA TBK PT	989,400	$448K	0.1%	$0.88	—	COM	006687184
—	INDOFOOD CBP SUKSES MAKMUR TBK	704,400	$446K	0.1%	$0.79	—	COM	00B4LD3M8
—	HOME PRODUCT CENTER PCL	887,600	$420K	0.1%	$0.53	—	COM	006418544
—	GENTERA SAB DE CV	937,100	$418K	0.1%	$0.69	—	COM	00BHWQZW1
—	LG HOUSEHOLD & HEALTH CARE LTD	288	$400K	0.1%	$996.25	—	COM	006344456
—	KALBE FARMA TBK PT	3,488,000	$377K	0.1%	$0.12	—	COM	00B7311V6
—	BANK CENTRAL ASIA TBK PT	169,900	$363K	0.1%	$2.35	—	COM	00B01C1P6
—	CROMPTON GREAVES CONSUMER ELEC	65,555	$352K	0.1%	$5.24	—	COM	00BD87BS8
—	BANGKOK DUSIT MEDICAL SERVICES	511,900	$351K	0.1%	$0.42	—	COM	00BLZGSM7
—	SICHUAN SWELLFUN CO LTD	31,500	$344K	0.1%	$7.44	—	COM	00BFB4JK8
—	BECLE SAB DE CV	148,200	$339K	0.1%	$1.87	—	COM	00BYM4063
—	AIRPORTS OF THAILAND PCL	163,800	$334K	0.1%	$2.35	—	COM	00BDFLHW9
—	DISTELL GROUP HOLDINGS LTD	38,953	$308K	0.1%	$9.50	—	COM	00BF52H71
—	NAVER CORP	922	$307K	0.1%	$332.97	—	COM	006560393
—	ASIAN PAINTS LTD	8,692	$302K	0.1%	$27.34	—	COM	00BCRWL65
ATHM	AUTOHOME INC	3,100	$289K	0.1%	$93.23	—	COM	05278C107
—	MITRA ADIPERKASA TBK PT	5,605,700	$286K	0.1%	$0.11	—	COM	00B03VZ37
—	UNITED BREWERIES LTD	16,313	$277K	0.1%	$16.24	—	COM	00B1683V6
—	KWEICHOW MOUTAI CO LTD	900	$276K	0.1%	$169.75	—	COM	00BP3R2F1
—	TOA PAINT THAILAND PCL	650,600	$269K	0.1%	$0.66	—	COM	00BF1QN02
—	JUBILANT FOODWORKS LTD	6,513	$259K	0.0%	$22.87	—	COM	00B3PRM66
—	GRUPO AEROPORTUARIO DEL CENTRO	38,500	$242K	0.0%	$6.44	—	COM	00B1KFX13
—	UNITED SPIRITS LTD	31,320	$238K	0.0%	$7.92	—	COM	00BYWFSB7
—	CHROMA ATE INC	36,000	$238K	0.0%	$6.61	—	COM	006212100
—	CHINA RESOURCES BEER HOLDING	30,000	$235K	0.0%	$3.91	—	COM	006972459
—	KANGWON LAND INC	10,500	$235K	0.0%	$22.38	—	COM	006683449
—	DINO POLSKA SA	3,425	$226K	0.0%	$38.01	—	COM	00BD0YVN2
—	HONEYWELL AUTOMATION INDIA LTD	346	$225K	0.0%	$650.29	—	COM	006889173
—	SHANGHAI INTERNATIONAL AIRPORT	25,400	$224K	0.0%	$10.17	—	COM	006104780
—	INRETAIL PERU CORP	4,915	$208K	0.0%	$42.32	—	COM	00b7yyjd2
—	INTERNATIONAL CONTAINER TERMIN	76,330	$190K	0.0%	$2.54	—	COM	006455819
—	CASTROL INDIA LTD	98,000	$168K	0.0%	$1.66	—	COM	00BKS8B79
—	DABUR INDIA LTD	22,453	$166K	0.0%	$6.27	—	COM	006297356
—	TOTVS SA	12,300	$63,000	0.0%	$4.49	—	COM	00B10LQP6
—	NMC HEALTH PLC	21,469	$0	0.0%	$23.43	—	COM	00B7FC076