Sarah Ketterer - Causeway Capital Management LLC

Sarah Ketterer - Causeway Capital Management

Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    107
Portfolio value:    $8,146,199,181

Holdings Activity Buys Sells History

History	Stock	Activity ▼	Share change	% change to portfolio
	Q1 2026
☰	AZN - AstraZeneca PLC	Add 1,368.35%	6,916,300	16.46
☰	JLL - Jones Lang Lasalle Inc.	Add 213.30%	126,818	0.48
☰	BAH - Booz Allen Hamilton Hldg Corp.	Add 116.35%	461,130	0.44
☰	AU - AngloGold Ashanti Ltd.	Add 106.98%	464,556	0.55
☰	BA - Boeing Co.	Add 106.63%	161,998	0.40
☰	RELX - RELX plc	Add 93.92%	1,117,030	0.46
☰	NWG - NatWest Group Plc	Add 88.27%	1,401,045	0.26
☰	SAP - SAP SE	Add 81.86%	205,257	0.43
☰	DB - Deutsche Bank AG	Add 75.86%	10,767,680	3.83
☰	VEA - Vanguard FTSE Developed ETF	Add 74.81%	315,245	0.25
☰	ALK - Alaska Air Group	Add 74.43%	1,067,694	0.48
☰	WHR - Whirlpool Corp.	Add 57.90%	440,765	0.29
☰	SNN - Smith & Nephew plc	Add 57.85%	349,334	0.14
☰	ING - ING Group NV	Add 56.59%	555,742	0.18
☰	FSM - Fortuna Mining Corp.	Add 44.86%	387,417	0.05
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 42.03%	30,651	0.06
☰	ACWI - iShares MSCI ACWI ETF	Add 41.02%	4,486	0.01
☰	BXP - BXP Inc.	Add 39.96%	108,712	0.07
☰	RNR - RenaissanceRe Holdings Ltd.	Add 39.61%	282	0.00
☰	DEO - Diageo ADR	Add 37.30%	181,026	0.17
☰	META - Meta Platforms Inc.	Add 31.18%	34,414	0.24
☰	INDA - iShares MSCI India ETF	Add 18.90%	72,995	0.04
☰	NVO - Novo Nordisk A S	Add 18.15%	180,363	0.08
☰	LYV - Live Nation Inc.	Add 17.74%	79,305	0.15
☰	CARR - Carrier Global Corp.	Add 13.74%	254,051	0.18
☰	AXS - Axis Capital Holdings Ltd.	Add 13.11%	94,573	0.12
☰	PHG - Koninklijke Philips Electronics NV	Add 11.72%	257,659	0.09
☰	ZBH - Zimmer Biomet Holdings	Add 10.93%	79,612	0.09
☰	CCL - Carnival Corp.	Add 9.29%	3,151,811	1.00
☰	BCS - Barclays plc ADR	Add 8.62%	323,460	0.08
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 7.64%	89,974	0.02
☰	IR - Ingersoll Rand Inc.	Add 4.91%	29,291	0.03
☰	EG - Everest Group Ltd	Add 4.80%	11,450	0.05
☰	BTI - British American Tobacco plc	Add 3.67%	17,726	0.01
☰	CFG - Citizens Financial Group Inc.	Add 3.39%	34,340	0.03
☰	AAPL - Apple Inc.	Add 2.78%	25	0.00
☰	SMIN - iShares MSCI India Small-Cap ETF	Add 2.76%	12,677	0.01
☰	DIS - Walt Disney Co.	Add 2.53%	13,818	0.02
☰	APTV - Aptiv PLC	Add 2.22%	14,843	0.01
☰	AVGO - Broadcom Inc.	Add 1.93%	16	0.00
☰	BAP - Credicorp Ltd.	Add 1.28%	3,089	0.01
☰	GFI - Gold Fields Ltd.	Add 0.81%	13,094	0.01
☰	SNY - Sanofi Aventis	Add 0.05%	558	0.00
☰	DTE - DTE Energy Co.	Buy	322,015	0.58
☰	TAL - TAL Education Group	Buy	3,478,417	0.49
☰	TXN - Texas Instruments	Buy	206,214	0.49
☰	PBR/A - Petroleo Brasileiro SA - Petrobras	Buy	1,495,664	0.34
☰	UNH - United Health Group Inc.	Buy	71,864	0.24
☰	VIST - Vista Oil & Gas, S.A.B. de C.V.	Buy	220,918	0.20
☰	CIB - Grupo Cibest SA ADR	Buy	132,364	0.12
☰	KSA - Ishrs Msci Saudi Arabia ETF	Buy	52,898	0.03
☰	HAFN - Hafnia Ltd	Buy	54,367	0.01
☰	SCZ - Ishares Msci Eafe Small Cap	Buy	7,100	0.01
☰	ALL - Allstate Corp.	Buy	1,005	0.00
☰	BWLP - Bw Lpg Ltd	Buy	15,291	0.00
☰	PAGS - PagSeguro Digital Ltd.	Reduce 0.03%	1,107	0.00
☰	CGAU - Centerra Gold Inc	Reduce 0.38%	4,762	0.00
☰	TSM - Taiwan Semiconductor S.A.	Reduce 0.63%	3,249	0.01
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 3.10%	48,108	0.05
☰	TIGO - Millicom Intl Cellular S.a.	Reduce 3.35%	7,232	0.01
☰	NVDA - NVIDIA Corp.	Reduce 4.50%	169	0.00
☰	MMYT - MakeMyTrip Ltd	Reduce 5.30%	3,615	0.00
☰	HDB - HDFC Bank Ltd.	Reduce 5.47%	23,108	0.01
☰	IBN - ICICI Bank Ltd.	Reduce 5.49%	26,173	0.01
☰	GGB - Gerdau S.A.	Reduce 5.76%	418,278	0.02
☰	WIT - Wipro Ltd ADR	Reduce 6.37%	30,137	0.00
☰	G - Genpact Ltd.	Reduce 6.50%	135,532	0.09
☰	JOYY - JOYY Inc.	Reduce 7.61%	61,850	0.05
☰	PFE - Pfizer Inc.	Reduce 8.49%	177,500	0.06
☰	GOOG - Alphabet Inc. CL C	Reduce 8.84%	32,703	0.14
☰	C - Citigroup Inc.	Reduce 8.96%	62,514	0.10
☰	WB - Weibo Corp.	Reduce 10.90%	326,032	0.05
☰	BABA - Alibaba Group Holdings	Reduce 11.15%	134,159	0.27
☰	PUK - Prudential Plc ADR	Reduce 12.44%	187,761	0.08
☰	FINV - Finvolution Group ADR	Reduce 13.06%	360,843	0.03
☰	BUD - Anheuser-Busch InBev	Reduce 17.28%	121,212	0.11
☰	MRK - Merck & Co.	Reduce 18.23%	190,405	0.28
☰	SW - Smurfit Westrock Plc	Reduce 18.64%	3,566,851	1.90
☰	MSFT - Microsoft Corp.	Reduce 20.00%	193	0.00
☰	NVS - Novartis AG	Reduce 23.15%	448	0.00
☰	ADI - Analog Devices	Reduce 23.27%	61,211	0.23
☰	INFY - Infosys Ltd.	Reduce 23.60%	585,830	0.14
☰	NGG - National Grid Plc Sp ADR	Reduce 24.06%	170,724	0.18
☰	FIX - Comfort Systems USA Inc.	Reduce 24.28%	59	0.00
☰	ZIM - ZIM Integrated Shipping Services	Reduce 26.67%	323,456	0.09
☰	EFXT - Enerflex Ltd	Reduce 27.90%	20,486	0.01
☰	CP - Canadian Pacific Kansas City Ltd.	Reduce 30.20%	3,804,421	3.86
☰	MT - ArcelorMittal	Reduce 30.96%	119,152	0.07
☰	PDD - Pinduoduo Inc.	Reduce 36.16%	134,231	0.21
☰	BP - BP plc	Reduce 39.18%	642,746	0.31
☰	BIIB - Biogen Inc.	Reduce 46.12%	240,318	0.58
☰	EFA - iShares MSCI EAFE ETF	Reduce 54.51%	45,243	0.06
☰	SHG - Shinhan Financial Group Company	Reduce 56.26%	326,220	0.24
☰	VEU - Vanguard FTSE All World ex US ETF	Reduce 57.26%	8,293	0.01
☰	TME - Tencent Music Entertainment Group	Reduce 63.72%	1,076,676	0.26
☰	CLS - Celestica Inc	Reduce 66.16%	48,493	0.20
☰	GSK - GSK plc	Reduce 67.22%	22,787	0.01
☰	QFIN - Qifu Technology Inc.	Reduce 74.72%	976,348	0.26
☰	EWT - Ishares Msci Taiwan ETF	Reduce 80.48%	153,190	0.14
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 87.67%	53,092	0.04
☰	B - Barrick Mining Corp.	Reduce 99.87%	6,085,659	3.64
☰	GPK - Graphic Packaging Hldg Co.	Sell 100.00%	4,528,554	0.94
☰	ALLY - Ally Financial Inc.	Sell 100.00%	600,850	0.37
☰	VIPS - Vipshop Holdings	Sell 100.00%	1,089,598	0.27
☰	VALE - Vale SA	Sell 100.00%	904,000	0.16
☰	EWY - iShares MSCI South Korea ETF	Sell 100.00%	110,800	0.15
☰	MOMO - Hello Group Inc	Sell 100.00%	889,397	0.08
☰	URTH - Ishares Msci World Etf	Sell 100.00%	10,631	0.03
☰	EZA - Ishares Msci South Africa Etf	Sell 100.00%	22,500	0.02
☰	GRTUF - Granite Real Estate Investment Trust	Sell 100.00%	23,700	0.02
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Sell 100.00%	28,800	0.01
☰	EWZ - Ishares Msci Brazil Etf	Sell 100.00%	13,800	0.01
☰	KEP - Korea Electric Power Corp	Sell 100.00%	11,202	0.00
☰	PBYI - Puma Biotechnology Inc	Sell 100.00%	13,310	0.00
	Q4 2025
☰	EWT - Ishares Msci Taiwan ETF	Add 1,614.78%	179,241	0.16
☰	INFY - Infosys Ltd.	Add 774.28%	2,198,391	0.54
☰	FSM - Fortuna Mining Corp.	Add 645.36%	747,761	0.10
☰	TIGO - Millicom Intl Cellular S.a.	Add 468.29%	177,950	0.13
☰	SW - Smurfit Westrock Plc	Add 154.33%	11,609,896	6.18
☰	AU - AngloGold Ashanti Ltd.	Add 118.76%	235,747	0.28
☰	LYV - Live Nation Inc.	Add 92.39%	214,709	0.42
☰	GPK - Graphic Packaging Hldg Co.	Add 74.07%	1,926,978	0.40
☰	URTH - Ishares Msci World Etf	Add 72.83%	4,480	0.01
☰	RELX - RELX plc	Add 64.47%	466,218	0.26
☰	VEU - Vanguard FTSE All World ex US ETF	Add 49.94%	4,824	0.00
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 46.99%	376,371	0.10
☰	CGAU - Centerra Gold Inc	Add 44.76%	386,412	0.08
☰	NVO - Novo Nordisk A S	Add 42.80%	297,871	0.21
☰	EG - Everest Group Ltd	Add 35.79%	62,872	0.29
☰	SAP - SAP SE	Add 29.42%	57,000	0.19
☰	META - Meta Platforms Inc.	Add 27.00%	23,468	0.21
☰	CARR - Carrier Global Corp.	Add 26.07%	382,346	0.28
☰	ZBH - Zimmer Biomet Holdings	Add 25.22%	146,719	0.18
☰	SMIN - iShares MSCI India Small-Cap ETF	Add 24.88%	91,457	0.09
☰	WHR - Whirlpool Corp.	Add 23.37%	144,189	0.14
☰	PDD - Pinduoduo Inc.	Add 19.89%	61,600	0.10
☰	ACWI - iShares MSCI ACWI ETF	Add 16.00%	1,508	0.00
☰	BUD - Anheuser-Busch InBev	Add 15.03%	91,657	0.08
☰	CTSH - Cognizant Technology Solutions Corp.	Add 14.97%	202,183	0.23
☰	PHG - Koninklijke Philips Electronics NV	Add 12.28%	240,419	0.09
☰	BAP - Credicorp Ltd.	Add 12.24%	26,396	0.10
☰	ZIM - ZIM Integrated Shipping Services	Add 12.04%	130,365	0.04
☰	G - Genpact Ltd.	Add 10.95%	205,777	0.13
☰	NWG - NatWest Group Plc	Add 10.54%	151,301	0.04
☰	HDB - HDFC Bank Ltd.	Add 9.63%	37,093	0.02
☰	SNY - Sanofi Aventis	Add 8.64%	84,641	0.06
☰	IBN - ICICI Bank Ltd.	Add 7.29%	32,400	0.01
☰	IR - Ingersoll Rand Inc.	Add 7.29%	40,542	0.04
☰	CCL - Carnival Corp.	Add 6.37%	2,032,781	0.85
☰	NGG - National Grid Plc Sp ADR	Add 5.71%	38,342	0.04
☰	SNN - Smith & Nephew plc	Add 5.46%	31,280	0.01
☰	BTI - British American Tobacco plc	Add 5.33%	24,435	0.02
☰	GFI - Gold Fields Ltd.	Add 5.06%	78,061	0.05
☰	DEO - Diageo ADR	Add 3.95%	18,422	0.02
☰	PAGS - PagSeguro Digital Ltd.	Add 3.94%	153,332	0.02
☰	BP - BP plc	Add 3.62%	57,295	0.03
☰	JOYY - JOYY Inc.	Add 2.85%	22,541	0.02
☰	MSFT - Microsoft Corp.	Add 2.66%	25	0.00
☰	SHG - Shinhan Financial Group Company	Add 2.44%	13,821	0.01
☰	PUK - Prudential Plc ADR	Add 2.27%	33,473	0.01
☰	WB - Weibo Corp.	Add 1.35%	39,985	0.01
☰	QFIN - Qifu Technology Inc.	Add 1.19%	15,426	0.00
☰	VIPS - Vipshop Holdings	Add 1.19%	12,862	0.00
☰	GGB - Gerdau S.A.	Add 0.98%	70,163	0.00
☰	PFE - Pfizer Inc.	Add 0.95%	19,672	0.01
☰	TSM - Taiwan Semiconductor S.A.	Add 0.78%	3,969	0.02
☰	ALK - Alaska Air Group	Buy	1,434,517	0.99
☰	BAH - Booz Allen Hamilton Hldg Corp.	Buy	396,332	0.46
☰	BA - Boeing Co.	Buy	151,928	0.45
☰	VALE - Vale SA	Buy	904,000	0.16
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Buy	60,561	0.04
☰	EFXT - Enerflex Ltd	Buy	73,432	0.02
☰	EZA - Ishares Msci South Africa Etf	Buy	22,500	0.02
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Buy	28,800	0.01
☰	EWZ - Ishares Msci Brazil Etf	Buy	13,800	0.01
☰	INMD - Inmode Ltd	Buy	71,829	0.01
☰	AVGO - Broadcom Inc.	Buy	827	0.00
☰	FIX - Comfort Systems USA Inc.	Buy	243	0.00
☰	PDS - Precision Drilling Corp.	Buy	3,291	0.00
☰	RNR - RenaissanceRe Holdings Ltd.	Buy	712	0.00
☰	WIT - Wipro Ltd ADR	Reduce 0.51%	2,430	0.00
☰	NVDA - NVIDIA Corp.	Reduce 1.24%	47	0.00
☰	BABA - Alibaba Group Holdings	Reduce 2.31%	28,415	0.07
☰	FINV - Finvolution Group ADR	Reduce 2.57%	72,856	0.01
☰	AAPL - Apple Inc.	Reduce 3.13%	29	0.00
☰	AZN - AstraZeneca PLC	Reduce 5.29%	28,236	0.06
☰	ALLY - Ally Financial Inc.	Reduce 5.55%	35,319	0.02
☰	PBYI - Puma Biotechnology Inc	Reduce 5.57%	785	0.00
☰	NVS - Novartis AG	Reduce 5.79%	119	0.00
☰	BXP - BXP Inc.	Reduce 6.67%	19,458	0.02
☰	CP - Canadian Pacific Kansas City Ltd.	Reduce 6.85%	926,071	0.91
☰	CFG - Citizens Financial Group Inc.	Reduce 6.96%	75,874	0.05
☰	APTV - Aptiv PLC	Reduce 7.50%	54,223	0.06
☰	MRK - Merck & Co.	Reduce 7.89%	89,440	0.10
☰	BIIB - Biogen Inc.	Reduce 8.18%	46,417	0.09
☰	DIS - Walt Disney Co.	Reduce 8.37%	49,851	0.08
☰	KEP - Korea Electric Power Corp	Reduce 12.15%	1,550	0.00
☰	ADI - Analog Devices	Reduce 12.98%	39,242	0.13
☰	AXS - Axis Capital Holdings Ltd.	Reduce 13.82%	115,640	0.15
☰	BCS - Barclays plc ADR	Reduce 13.84%	602,342	0.16
☰	VEA - Vanguard FTSE Developed ETF	Reduce 17.13%	87,112	0.07
☰	MMYT - MakeMyTrip Ltd	Reduce 17.20%	14,160	0.02
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 19.17%	17,297	0.03
☰	DB - Deutsche Bank AG	Reduce 19.44%	3,424,411	1.59
☰	JBS - Jbs Nv A	Reduce 20.17%	5,303	0.00
☰	TME - Tencent Music Entertainment Group	Reduce 26.15%	598,142	0.19
☰	CLS - Celestica Inc	Reduce 27.19%	27,368	0.09
☰	C - Citigroup Inc.	Reduce 30.12%	300,633	0.40
☰	MT - ArcelorMittal	Reduce 34.42%	201,982	0.10
☰	JLL - Jones Lang Lasalle Inc.	Reduce 37.22%	35,254	0.14
☰	ING - ING Group NV	Reduce 38.56%	616,240	0.21
☰	GOOG - Alphabet Inc. CL C	Reduce 41.47%	262,157	0.84
☰	EWY - iShares MSCI South Korea ETF	Reduce 50.07%	111,095	0.12
☰	B - Barrick Mining Corp.	Reduce 61.17%	9,600,845	4.16
☰	INDA - iShares MSCI India ETF	Reduce 63.36%	667,800	0.46
☰	MOMO - Hello Group Inc	Reduce 68.17%	1,904,950	0.18
☰	GSK - GSK plc	Reduce 97.12%	1,143,104	0.65
☰	EFA - iShares MSCI EAFE ETF	Reduce 98.33%	4,876,663	6.02
☰	NTES - NetEase.com Inc.	Sell 100.00%	638,315	1.28
☰	XP - XP Inc.	Sell 100.00%	2,538,130	0.63
☰	ORCL - Oracle Corp.	Sell 100.00%	166,409	0.62
☰	SE - Sea Ltd	Sell 100.00%	153,370	0.36
☰	ATAT - Atour Lifestyle Holdings ADR	Sell 100.00%	611,570	0.30
☰	UNH - United Health Group Inc.	Sell 100.00%	64,603	0.29
☰	KSA - Ishrs Msci Saudi Arabia ETF	Sell 100.00%	194,437	0.10
☰	FXI - Ishares China Large-Cap Etf	Sell 100.00%	71,000	0.04
☰	RDY - Dr Reddy's Laboratories Ltd	Sell 100.00%	159,139	0.03
☰	TCOM - Trip.com Group Ltd	Sell 100.00%	2,748	0.00
☰	ADT - ADT Inc.	Sell 100.00%	10,929	0.00
	Q3 2025
☰	EFA - iShares MSCI EAFE ETF	Add 70,110.46%	4,952,603	6.11
☰	INDA - iShares MSCI India ETF	Add 385.18%	836,765	0.57
☰	GPK - Graphic Packaging Hldg Co.	Add 251.34%	1,861,097	0.48
☰	GGB - Gerdau S.A.	Add 169.24%	4,519,092	0.18
☰	SMIN - iShares MSCI India Small-Cap ETF	Add 168.25%	230,512	0.22
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 165.38%	499,107	0.11
☰	NWG - NatWest Group Plc	Add 128.12%	806,493	0.15
☰	NGG - National Grid Plc Sp ADR	Add 112.39%	355,149	0.34
☰	IR - Ingersoll Rand Inc.	Add 111.68%	293,455	0.32
☰	VEA - Vanguard FTSE Developed ETF	Add 107.43%	263,362	0.21
☰	HDB - HDFC Bank Ltd.	Add 105.34%	197,597	0.09
☰	NVO - Novo Nordisk A S	Add 96.67%	342,095	0.25
☰	SAP - SAP SE	Add 68.40%	78,699	0.28
☰	ZIM - ZIM Integrated Shipping Services	Add 52.19%	371,277	0.07
☰	RELX - RELX plc	Add 49.77%	240,316	0.15
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 46.51%	28,641	0.05
☰	PAGS - PagSeguro Digital Ltd.	Add 44.61%	1,200,587	0.16
☰	NTES - NetEase.com Inc.	Add 44.58%	196,821	0.39
☰	WHR - Whirlpool Corp.	Add 42.32%	183,496	0.19
☰	VIPS - Vipshop Holdings	Add 37.60%	294,218	0.08
☰	CGAU - Centerra Gold Inc	Add 35.86%	227,876	0.03
☰	AXS - Axis Capital Holdings Ltd.	Add 31.79%	201,880	0.26
☰	G - Genpact Ltd.	Add 31.25%	447,261	0.25
☰	FINV - Finvolution Group ADR	Add 20.57%	483,580	0.05
☰	TME - Tencent Music Entertainment Group	Add 20.16%	383,833	0.12
☰	MOMO - Hello Group Inc	Add 19.10%	448,123	0.04
☰	SNY - Sanofi Aventis	Add 16.64%	139,678	0.09
☰	MRK - Merck & Co.	Add 15.41%	151,397	0.17
☰	BIIB - Biogen Inc.	Add 15.03%	74,163	0.14
☰	CTSH - Cognizant Technology Solutions Corp.	Add 14.29%	168,820	0.15
☰	GFI - Gold Fields Ltd.	Add 13.99%	189,362	0.11
☰	AZN - AstraZeneca PLC	Add 11.95%	56,961	0.12
☰	BAP - Credicorp Ltd.	Add 11.86%	22,870	0.08
☰	WB - Weibo Corp.	Add 11.67%	308,531	0.05
☰	ACWI - iShares MSCI ACWI ETF	Add 11.43%	967	0.00
☰	XP - XP Inc.	Add 11.30%	257,693	0.06
☰	CCL - Carnival Corp.	Add 9.56%	2,783,927	1.06
☰	DEO - Diageo ADR	Add 8.39%	36,156	0.05
☰	VEU - Vanguard FTSE All World ex US ETF	Add 8.22%	734	0.00
☰	JOYY - JOYY Inc.	Add 7.95%	58,190	0.04
☰	SW - Smurfit Westrock Plc	Add 7.23%	507,289	0.29
☰	BXP - BXP Inc.	Add 6.86%	18,712	0.02
☰	GSK - GSK plc	Add 6.32%	69,925	0.04
☰	LYV - Live Nation Inc.	Add 5.90%	12,947	0.03
☰	PHG - Koninklijke Philips Electronics NV	Add 5.79%	107,117	0.04
☰	PFE - Pfizer Inc.	Add 5.54%	108,735	0.04
☰	CFG - Citizens Financial Group Inc.	Add 5.53%	57,086	0.04
☰	ALLY - Ally Financial Inc.	Add 5.49%	33,133	0.02
☰	NVDA - NVIDIA Corp.	Add 4.79%	174	0.00
☰	ING - ING Group NV	Add 3.74%	57,552	0.02
☰	SHG - Shinhan Financial Group Company	Add 2.88%	15,837	0.01
☰	ZBH - Zimmer Biomet Holdings	Add 0.61%	3,541	0.00
☰	APTV - Aptiv PLC	Add 0.58%	4,147	0.00
☰	CARR - Carrier Global Corp.	Buy	1,466,481	1.16
☰	EG - Everest Group Ltd	Buy	175,686	0.81
☰	PDD - Pinduoduo Inc.	Buy	309,641	0.54
☰	UNH - United Health Group Inc.	Buy	64,603	0.29
☰	EWY - iShares MSCI South Korea ETF	Buy	221,895	0.23
☰	FXI - Ishares China Large-Cap Etf	Buy	71,000	0.04
☰	GRTUF - Granite Real Estate Investment Trust	Buy	23,700	0.02
☰	TIGO - Millicom Intl Cellular S.a.	Buy	38,000	0.02
☰	EWT - Ishares Msci Taiwan ETF	Buy	11,100	0.01
☰	FSM - Fortuna Mining Corp.	Buy	115,867	0.01
☰	ITRN - Ituran Location & Control Ltd.	Buy	20,439	0.01
☰	URTH - Ishares Msci World Etf	Buy	6,151	0.01
☰	ADT - ADT Inc.	Buy	10,929	0.00
☰	TCOM - Trip.com Group Ltd	Buy	2,748	0.00
☰	BABA - Alibaba Group Holdings	Reduce 0.89%	11,005	0.02
☰	MMYT - MakeMyTrip Ltd	Reduce 1.44%	1,202	0.00
☰	NVS - Novartis AG	Reduce 1.44%	30	0.00
☰	QFIN - Qifu Technology Inc.	Reduce 1.75%	22,953	0.02
☰	TSM - Taiwan Semiconductor S.A.	Reduce 1.94%	10,064	0.04
☰	BP - BP plc	Reduce 2.30%	37,254	0.02
☰	DIS - Walt Disney Co.	Reduce 4.45%	27,762	0.05
☰	INN - Summit Hotel Properties Inc.	Reduce 5.20%	814	0.00
☰	BUD - Anheuser-Busch InBev	Reduce 5.84%	37,791	0.04
☰	BCS - Barclays plc ADR	Reduce 6.67%	311,229	0.09
☰	AAPL - Apple Inc.	Reduce 7.58%	76	0.00
☰	PUK - Prudential Plc ADR	Reduce 7.66%	122,390	0.05
☰	CP - Canadian Pacific Kansas City Ltd.	Reduce 7.89%	1,157,626	1.45
☰	DB - Deutsche Bank AG	Reduce 8.78%	1,696,378	0.79
☰	META - Meta Platforms Inc.	Reduce 9.05%	8,653	0.10
☰	ATAT - Atour Lifestyle Holdings ADR	Reduce 9.10%	61,214	0.03
☰	B - Barrick Mining Corp.	Reduce 11.10%	1,959,176	0.64
☰	GOOG - Alphabet Inc. CL C	Reduce 12.39%	89,388	0.25
☰	BTI - British American Tobacco plc	Reduce 13.55%	71,896	0.05
☰	ADI - Analog Devices	Reduce 15.00%	53,332	0.20
☰	CLS - Celestica Inc	Reduce 19.20%	23,917	0.06
☰	C - Citigroup Inc.	Reduce 20.79%	261,900	0.35
☰	JBS - Jbs Nv A	Reduce 23.44%	8,053	0.00
☰	MT - ArcelorMittal	Reduce 24.45%	189,871	0.10
☰	SE - Sea Ltd	Reduce 27.77%	58,961	0.15
☰	SNN - Smith & Nephew plc	Reduce 30.26%	248,476	0.12
☰	JLL - Jones Lang Lasalle Inc.	Reduce 30.90%	42,347	0.17
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 37.43%	116,314	0.07
☰	ORCL - Oracle Corp.	Reduce 39.99%	110,877	0.38
☰	AU - AngloGold Ashanti Ltd.	Reduce 74.81%	589,638	0.42
☰	KEP - Korea Electric Power Corp	Reduce 98.96%	1,207,568	0.27
☰	JD - JD.com Inc.	Sell 100.00%	1,854,381	0.96
☰	IFF - International Flavors & Fragrances Inc.	Sell 100.00%	622,703	0.72
☰	PCG - PG&E Corp.	Sell 100.00%	2,737,515	0.60
☰	MELI - Mercadolibre Inc.	Sell 100.00%	4,525	0.19
☰	SNX - SYNNEX Corp.	Sell 100.00%	62,872	0.14
☰	IQ - Iqiyi Inc	Sell 100.00%	2,896,200	0.08
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Sell 100.00%	7,149	0.01
☰	BKNG - Booking Holdings Inc.	Sell 100.00%	925	0.00
	Q2 2025
☰	DB - Deutsche Bank AG	Add 1,176.19%	17,801,643	8.32
☰	JOYY - JOYY Inc.	Add 733.72%	644,086	0.52
☰	BAP - Credicorp Ltd.	Add 253.51%	138,231	0.49
☰	TME - Tencent Music Entertainment Group	Add 209.50%	1,288,732	0.40
☰	SW - Smurfit Westrock Plc	Add 160.43%	4,321,850	2.95
☰	AU - AngloGold Ashanti Ltd.	Add 105.50%	404,631	0.29
☰	SMIN - iShares MSCI India Small-Cap ETF	Add 61.63%	52,243	0.06
☰	INDA - iShares MSCI India ETF	Add 51.74%	74,071	0.06
☰	G - Genpact Ltd.	Add 51.50%	486,511	0.34
☰	HDB - HDFC Bank Ltd.	Add 46.84%	59,840	0.07
☰	DEO - Diageo ADR	Add 40.45%	124,044	0.20
☰	SNN - Smith & Nephew plc	Add 35.18%	213,651	0.10
☰	VEU - Vanguard FTSE All World ex US ETF	Add 31.98%	2,163	0.00
☰	CTSH - Cognizant Technology Solutions Corp.	Add 28.71%	263,483	0.33
☰	SNY - Sanofi Aventis	Add 21.11%	146,378	0.11
☰	PHG - Koninklijke Philips Electronics NV	Add 20.84%	319,183	0.12
☰	WHR - Whirlpool Corp.	Add 19.18%	69,758	0.11
☰	WB - Weibo Corp.	Add 17.16%	387,253	0.06
☰	BIIB - Biogen Inc.	Add 13.80%	59,838	0.12
☰	MOMO - Hello Group Inc	Add 12.26%	256,311	0.03
☰	AZN - AstraZeneca PLC	Add 11.14%	47,781	0.11
☰	MMYT - MakeMyTrip Ltd	Add 10.45%	7,900	0.01
☰	MT - ArcelorMittal	Add 10.28%	72,411	0.04
☰	RDY - Dr Reddy's Laboratories Ltd	Add 10.18%	14,700	0.00
☰	EFA - iShares MSCI EAFE ETF	Add 9.67%	623	0.00
☰	CCL - Carnival Corp.	Add 9.65%	2,563,008	1.14
☰	MRK - Merck & Co.	Add 9.44%	84,791	0.11
☰	SHG - Shinhan Financial Group Company	Add 7.91%	40,332	0.03
☰	VIPS - Vipshop Holdings	Add 7.69%	55,900	0.01
☰	SE - Sea Ltd	Add 6.87%	13,643	0.03
☰	PCG - PG&E Corp.	Add 6.63%	170,245	0.04
☰	RELX - RELX plc	Add 6.27%	28,499	0.02
☰	ING - ING Group NV	Add 5.49%	80,168	0.03
☰	ZIM - ZIM Integrated Shipping Services	Add 4.84%	32,824	0.01
☰	ATAT - Atour Lifestyle Holdings ADR	Add 4.71%	30,248	0.02
☰	GOOG - Alphabet Inc. CL C	Add 3.47%	24,193	0.07
☰	BCS - Barclays plc ADR	Add 3.37%	152,236	0.04
☰	JD - JD.com Inc.	Add 3.18%	57,147	0.03
☰	FINV - Finvolution Group ADR	Add 2.92%	66,710	0.01
☰	CFG - Citizens Financial Group Inc.	Add 2.87%	28,775	0.02
☰	BP - BP plc	Add 1.50%	24,013	0.01
☰	QFIN - Qifu Technology Inc.	Add 0.53%	6,890	0.00
☰	IBN - ICICI Bank Ltd.	Add 0.39%	1,721	0.00
☰	B - Barrick Mining Corp.	Buy	17,653,416	5.80
☰	NTES - NetEase.com Inc.	Buy	441,494	0.94
☰	XP - XP Inc.	Buy	2,280,437	0.73
☰	IFF - International Flavors & Fragrances Inc.	Buy	622,703	0.72
☰	GFI - Gold Fields Ltd.	Buy	1,353,653	0.51
☰	PAGS - PagSeguro Digital Ltd.	Buy	2,691,538	0.41
☰	NVO - Novo Nordisk A S	Buy	353,884	0.39
☰	NGG - National Grid Plc Sp ADR	Buy	315,994	0.37
☰	IR - Ingersoll Rand Inc.	Buy	262,774	0.35
☰	BXP - BXP Inc.	Buy	272,795	0.29
☰	KEP - Korea Electric Power Corp	Buy	1,220,320	0.27
☰	GPK - Graphic Packaging Hldg Co.	Buy	740,479	0.25
☰	MELI - Mercadolibre Inc.	Buy	4,525	0.19
☰	CGAU - Centerra Gold Inc	Buy	635,501	0.07
☰	SMFG - Sumitomo Mitsui Spons ADR	Buy	301,796	0.07
☰	JBS - Jbs Nv A	Buy	34,350	0.01
☰	BKNG - Booking Holdings Inc.	Buy	925	0.00
☰	INN - Summit Hotel Properties Inc.	Buy	15,652	0.00
☰	GSK - GSK plc	Reduce 0.08%	847	0.00
☰	AAPL - Apple Inc.	Reduce 0.20%	2	0.00
☰	TSM - Taiwan Semiconductor S.A.	Reduce 0.35%	1,830	0.01
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 1.48%	4,675	0.00
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 1.97%	1,236	0.00
☰	JLL - Jones Lang Lasalle Inc.	Reduce 2.41%	3,389	0.02
☰	WIT - Wipro Ltd ADR	Reduce 2.67%	13,075	0.00
☰	PFE - Pfizer Inc.	Reduce 3.01%	60,943	0.03
☰	BUD - Anheuser-Busch InBev	Reduce 6.42%	44,440	0.06
☰	C - Citigroup Inc.	Reduce 6.73%	90,929	0.13
☰	ALLY - Ally Financial Inc.	Reduce 7.42%	48,347	0.04
☰	BABA - Alibaba Group Holdings	Reduce 8.37%	113,541	0.31
☰	META - Meta Platforms Inc.	Reduce 9.40%	9,915	0.12
☰	NVDA - NVIDIA Corp.	Reduce 11.95%	493	0.00
☰	AXS - Axis Capital Holdings Ltd.	Reduce 12.67%	92,113	0.19
☰	BTI - British American Tobacco plc	Reduce 12.86%	78,328	0.07
☰	CP - Canadian Pacific Kansas City Ltd.	Reduce 14.69%	2,528,289	3.71
☰	CLS - Celestica Inc	Reduce 14.76%	21,565	0.04
☰	ADI - Analog Devices	Reduce 16.14%	68,421	0.29
☰	APTV - Aptiv PLC	Reduce 16.50%	142,048	0.18
☰	NWG - NatWest Group Plc	Reduce 17.68%	135,232	0.03
☰	LYV - Live Nation Inc.	Reduce 25.54%	75,264	0.20
☰	SAP - SAP SE	Reduce 25.84%	40,090	0.22
☰	ACWI - iShares MSCI ACWI ETF	Reduce 27.09%	3,144	0.01
☰	ZBH - Zimmer Biomet Holdings	Reduce 28.21%	227,271	0.54
☰	PUK - Prudential Plc ADR	Reduce 32.11%	755,841	0.34
☰	DIS - Walt Disney Co.	Reduce 34.61%	330,175	0.68
☰	VEA - Vanguard FTSE Developed ETF	Reduce 39.61%	160,761	0.17
☰	ORCL - Oracle Corp.	Reduce 43.62%	214,547	0.63
☰	NVS - Novartis AG	Reduce 50.80%	2,152	0.01
☰	SNX - SYNNEX Corp.	Reduce 52.14%	68,487	0.15
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 76.59%	23,384	0.02
☰	INFY - Infosys Ltd.	Reduce 89.24%	2,354,227	0.90
☰	ABX - Barrick Gold Corp	Sell 100.00%	11,838,827	4.81
☰	DGX - Quest Diagnostics	Sell 100.00%	120,400	0.43
☰	EMBJ - Embraer SA	Sell 100.00%	318,335	0.31
☰	PDD - Pinduoduo Inc.	Sell 100.00%	105,926	0.26
☰	BBD - Banco Bradesco S.A.	Sell 100.00%	3,598,612	0.17
☰	AGRO - Adecoagro SA	Sell 100.00%	563,076	0.13
☰	VRN - Veren Inc	Sell 100.00%	263,808	0.04
☰	JKS - Jinkosolar Holding Co Ltd	Sell 100.00%	75,084	0.03
☰	SHEL - Shell plc	Sell 100.00%	2,944	0.00
	Q1 2025
☰	INFY - Infosys Ltd.	Add 382.52%	2,091,411	0.80
☰	ATAT - Atour Lifestyle Holdings ADR	Add 231.75%	448,854	0.27
☰	VIPS - Vipshop Holdings	Add 140.75%	424,803	0.14
☰	MOMO - Hello Group Inc	Add 136.22%	1,205,166	0.16
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 102.34%	15,443	0.02
☰	ORCL - Oracle Corp.	Add 69.24%	201,220	0.59
☰	SHG - Shinhan Financial Group Company	Add 56.56%	184,167	0.12
☰	BIIB - Biogen Inc.	Add 53.89%	151,815	0.43
☰	ALLY - Ally Financial Inc.	Add 53.86%	228,019	0.18
☰	MRK - Merck & Co.	Add 53.62%	313,396	0.59
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 45.63%	98,832	0.08
☰	BABA - Alibaba Group Holdings	Add 42.56%	404,842	1.12
☰	CFG - Citizens Financial Group Inc.	Add 31.34%	239,646	0.21
☰	IQ - Iqiyi Inc	Add 29.02%	651,500	0.03
☰	SNN - Smith & Nephew plc	Add 26.30%	126,469	0.07
☰	LYV - Live Nation Inc.	Add 25.08%	59,100	0.16
☰	BP - BP plc	Add 22.62%	294,568	0.21
☰	BUD - Anheuser-Busch InBev	Add 20.48%	117,619	0.15
☰	JD - JD.com Inc.	Add 18.94%	286,142	0.25
☰	GOOG - Alphabet Inc. CL C	Add 17.09%	101,796	0.33
☰	ADI - Analog Devices	Add 15.68%	57,467	0.24
☰	ZIM - ZIM Integrated Shipping Services	Add 15.49%	91,022	0.03
☰	DIS - Walt Disney Co.	Add 13.29%	111,910	0.23
☰	CTSH - Cognizant Technology Solutions Corp.	Add 12.17%	99,572	0.16
☰	CP - Canadian Pacific Kansas City Ltd.	Add 11.53%	1,778,984	2.61
☰	PFE - Pfizer Inc.	Add 10.45%	191,465	0.10
☰	PUK - Prudential Plc ADR	Add 10.15%	216,828	0.10
☰	C - Citigroup Inc.	Add 9.40%	116,032	0.17
☰	NVDA - NVIDIA Corp.	Add 7.40%	284	0.00
☰	SE - Sea Ltd	Add 7.11%	13,194	0.04
☰	ABX - Barrick Gold Corp	Add 6.54%	726,534	0.30
☰	META - Meta Platforms Inc.	Add 5.95%	5,924	0.07
☰	ZBH - Zimmer Biomet Holdings	Add 4.62%	35,577	0.08
☰	AAPL - Apple Inc.	Add 4.58%	44	0.00
☰	JLL - Jones Lang Lasalle Inc.	Add 4.36%	5,867	0.03
☰	DEO - Diageo ADR	Add 4.04%	11,903	0.03
☰	AZN - AstraZeneca PLC	Add 3.13%	13,008	0.04
☰	GSK - GSK plc	Add 2.91%	31,343	0.03
☰	PCG - PG&E Corp.	Add 1.85%	46,597	0.02
☰	SW - Smurfit Westrock Plc	Add 1.16%	30,880	0.03
☰	SNY - Sanofi Aventis	Add 0.41%	2,825	0.00
☰	CCL - Carnival Corp.	Buy	26,565,066	10.85
☰	APTV - Aptiv PLC	Buy	860,744	1.07
☰	DB - Deutsche Bank AG	Buy	1,513,500	0.75
☰	WHR - Whirlpool Corp.	Buy	363,785	0.69
☰	EMBJ - Embraer SA	Buy	318,335	0.31
☰	TME - Tencent Music Entertainment Group	Buy	615,153	0.19
☰	JOYY - JOYY Inc.	Buy	87,784	0.08
☰	VRN - Veren Inc	Buy	263,808	0.04
☰	JKS - Jinkosolar Holding Co Ltd	Buy	75,084	0.03
☰	PBYI - Puma Biotechnology Inc	Buy	14,095	0.00
☰	WB - Weibo Corp.	Reduce 0.12%	2,802	0.00
☰	AXS - Axis Capital Holdings Ltd.	Reduce 0.17%	1,237	0.00
☰	AGRO - Adecoagro SA	Reduce 0.76%	4,298	0.00
☰	TSM - Taiwan Semiconductor S.A.	Reduce 1.78%	9,419	0.04
☰	ING - ING Group NV	Reduce 2.08%	31,041	0.01
☰	PHG - Koninklijke Philips Electronics NV	Reduce 2.24%	35,038	0.02
☰	RELX - RELX plc	Reduce 2.48%	11,540	0.01
☰	BTI - British American Tobacco plc	Reduce 3.33%	20,985	0.02
☰	NWG - NatWest Group Plc	Reduce 4.63%	37,162	0.01
☰	QFIN - Qifu Technology Inc.	Reduce 5.10%	70,202	0.06
☰	IBN - ICICI Bank Ltd.	Reduce 6.40%	30,293	0.02
☰	MMYT - MakeMyTrip Ltd	Reduce 10.68%	9,040	0.02
☰	SAP - SAP SE	Reduce 12.77%	22,721	0.13
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 14.70%	10,822	0.03
☰	CLS - Celestica Inc	Reduce 14.74%	25,271	0.05
☰	G - Genpact Ltd.	Reduce 16.84%	191,358	0.19
☰	FINV - Finvolution Group ADR	Reduce 18.49%	518,351	0.08
☰	AU - AngloGold Ashanti Ltd.	Reduce 23.57%	118,279	0.06
☰	BCS - Barclays plc ADR	Reduce 23.92%	1,418,525	0.43
☰	NVS - Novartis AG	Reduce 27.79%	1,630	0.00
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 29.87%	36,112	0.06
☰	MT - ArcelorMittal	Reduce 34.02%	363,109	0.19
☰	INDA - iShares MSCI India ETF	Reduce 37.91%	87,422	0.11
☰	ACWI - iShares MSCI ACWI ETF	Reduce 49.65%	11,444	0.03
☰	DGX - Quest Diagnostics	Reduce 60.46%	184,081	0.63
☰	BAP - Credicorp Ltd.	Reduce 67.84%	115,041	0.48
☰	VEA - Vanguard FTSE Developed ETF	Reduce 67.95%	860,458	0.94
☰	SHEL - Shell plc	Reduce 70.94%	7,188	0.01
☰	RDY - Dr Reddy's Laboratories Ltd	Reduce 73.22%	394,866	0.14
☰	PDD - Pinduoduo Inc.	Reduce 76.26%	340,346	0.76
☰	SNX - SYNNEX Corp.	Reduce 77.99%	465,423	1.24
☰	VEU - Vanguard FTSE All World ex US ETF	Reduce 79.22%	25,778	0.03
☰	EFA - iShares MSCI EAFE ETF	Reduce 87.85%	46,583	0.08
☰	BBD - Banco Bradesco S.A.	Reduce 90.09%	32,714,894	1.42
☰	BTG - B2Gold Corp.	Reduce 91.10%	966,813	0.05
☰	CHKP - Check Point Software Technologies Ltd.	Sell 100.00%	1,929,604	8.20
☰	BA - Boeing Co.	Sell 100.00%	302,750	1.22
☰	D7A - Aptiv Plc	Sell 100.00%	509,649	0.70
☰	XP - XP Inc.	Sell 100.00%	1,728,899	0.47
☰	CNXC - Concentrix Corp.	Sell 100.00%	409,812	0.40
☰	URTH - Ishares Msci World Etf	Sell 100.00%	51,466	0.18
☰	TAK - Takeda Pharmaceutical Co. Ltd	Sell 100.00%	522,030	0.16
☰	HAFNIO - Hafnia Ltd	Sell 100.00%	575,856	0.07
☰	TSEM - Tower Semiconductor Ltd	Sell 100.00%	58,944	0.07
☰	ACGL - Arch Capital Group Ltd.	Sell 100.00%	8,531	0.02
☰	ACN - Accenture	Sell 100.00%	2,451	0.02
☰	ARCO - Arcos Dorados Holdings Inc.	Sell 100.00%	34,300	0.01
☰	CIGI - Colliers International Group Inc.	Sell 100.00%	1,677	0.01
☰	CNH - CNH Industrial NV	Sell 100.00%	33,849	0.01
☰	DOX - Amdocs Ltd.	Sell 100.00%	6,390	0.01
☰	ICLR - ICON plc	Sell 100.00%	1,250	0.01
☰	KOF - Coca-Cola FEMSA S A CV	Sell 100.00%	5,350	0.01
☰	NE - Noble Corp.	Sell 100.00%	8,462	0.01
☰	RYAAY - Ryanair Holdings PLC	Sell 100.00%	9,093	0.01
☰	TECK - Teck Resources	Sell 100.00%	6,480	0.01
☰	WTW - Willis Towers Watson plc	Sell 100.00%	1,563	0.01
☰	ERO - Ero Copper Corp	Sell 100.00%	16,000	0.00
☰	ITUB - ita Unibanco Holding S.A.	Sell 100.00%	43,222	0.00
☰	TCOM - Trip.com Group Ltd	Sell 100.00%	3,148	0.00
☰	41IS - Unilever Plc	Sell 100.00%	3,566	0.00
☰	SMFG - Sumitomo Mitsui Spons ADR	Sell 100.00%	13,348	0.00
☰	OSUR - Orasure Technologies Inc	Sell 100.00%	10,092	0.00
	Q4 2024
☰	BA - Boeing Co.	Add 705.68%	265,173	1.07
☰	ZIM - ZIM Integrated Shipping Services	Add 509.30%	491,093	0.24
☰	RDY - Dr Reddy's Laboratories Ltd	Add 400.00%	431,444	0.15
☰	URTH - Ishares Msci World Etf	Add 254.94%	36,966	0.13
☰	VEU - Vanguard FTSE All World ex US ETF	Add 226.98%	22,589	0.03
☰	VEA - Vanguard FTSE Developed ETF	Add 160.82%	780,830	0.85
☰	BAP - Credicorp Ltd.	Add 151.33%	102,101	0.43
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 100.91%	108,785	0.10
☰	WIT - Wipro Ltd ADR	Add 100.00%	244,403	0.02
☰	AGRO - Adecoagro SA	Add 88.77%	266,816	0.06
☰	AXS - Axis Capital Holdings Ltd.	Add 79.07%	321,608	0.65
☰	CP - Canadian Pacific Kansas City Ltd.	Add 76.50%	6,687,770	11.02
☰	AZN - AstraZeneca PLC	Add 69.62%	170,716	0.51
☰	SNY - Sanofi Aventis	Add 38.79%	192,954	0.21
☰	ING - ING Group NV	Add 38.78%	416,762	0.15
☰	CHKP - Check Point Software Technologies Ltd.	Add 33.83%	487,823	2.07
☰	ACWI - iShares MSCI ACWI ETF	Add 28.88%	5,165	0.01
☰	PHG - Koninklijke Philips Electronics NV	Add 24.02%	303,428	0.17
☰	GSK - GSK plc	Add 19.97%	179,174	0.14
☰	WB - Weibo Corp.	Add 14.85%	292,086	0.06
☰	BUD - Anheuser-Busch InBev	Add 12.92%	65,691	0.07
☰	MT - ArcelorMittal	Add 12.80%	121,155	0.06
☰	BP - BP plc	Add 9.93%	117,605	0.08
☰	RELX - RELX plc	Add 9.77%	41,476	0.04
☰	BCS - Barclays plc ADR	Add 8.90%	484,497	0.15
☰	HDB - HDFC Bank Ltd.	Add 8.06%	9,526	0.01
☰	D7A - Aptiv Plc	Add 7.77%	36,760	0.05
☰	ADI - Analog Devices	Add 7.58%	25,842	0.12
☰	BABA - Alibaba Group Holdings	Add 7.20%	63,851	0.12
☰	SHG - Shinhan Financial Group Company	Add 6.81%	20,766	0.02
☰	GOOG - Alphabet Inc. CL C	Add 6.21%	34,841	0.15
☰	IBN - ICICI Bank Ltd.	Add 6.04%	26,971	0.02
☰	BTG - B2Gold Corp.	Add 5.56%	55,900	0.00
☰	HAFNIO - Hafnia Ltd	Add 5.37%	29,345	0.00
☰	TSEM - Tower Semiconductor Ltd	Add 3.04%	1,738	0.00
☰	JD - JD.com Inc.	Add 2.72%	40,001	0.03
☰	AAPL - Apple Inc.	Add 2.34%	22	0.00
☰	INFY - Infosys Ltd.	Add 1.66%	8,907	0.00
☰	MMYT - MakeMyTrip Ltd	Add 1.62%	1,348	0.00
☰	QFIN - Qifu Technology Inc.	Add 0.30%	4,137	0.00
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 0.10%	77	0.00
☰	TSM - Taiwan Semiconductor S.A.	Add 0.04%	213	0.00
☰	PUK - Prudential Plc ADR	Add 0.00%	73	0.00
☰	ABX - Barrick Gold Corp	Buy	11,112,293	3.92
☰	MRK - Merck & Co.	Buy	584,473	1.32
☰	BIIB - Biogen Inc.	Buy	281,702	0.98
☰	XP - XP Inc.	Buy	1,728,899	0.47
☰	SE - Sea Ltd	Buy	185,494	0.45
☰	ALLY - Ally Financial Inc.	Buy	423,364	0.35
☰	SNN - Smith & Nephew plc	Buy	480,888	0.27
☰	AU - AngloGold Ashanti Ltd.	Buy	501,799	0.25
☰	ATAT - Atour Lifestyle Holdings ADR	Buy	193,682	0.12
☰	ACGL - Arch Capital Group Ltd.	Buy	8,531	0.02
☰	ACN - Accenture	Buy	2,451	0.02
☰	ARCO - Arcos Dorados Holdings Inc.	Buy	34,300	0.01
☰	CNH - CNH Industrial NV	Buy	33,849	0.01
☰	DOX - Amdocs Ltd.	Buy	6,390	0.01
☰	ICLR - ICON plc	Buy	1,250	0.01
☰	KOF - Coca-Cola FEMSA S A CV	Buy	5,350	0.01
☰	NE - Noble Corp.	Buy	8,462	0.01
☰	TECK - Teck Resources	Buy	6,480	0.01
☰	WTW - Willis Towers Watson plc	Buy	1,563	0.01
☰	ERO - Ero Copper Corp	Buy	16,000	0.00
☰	ITUB - ita Unibanco Holding S.A.	Buy	43,222	0.00
☰	OSUR - Orasure Technologies Inc	Buy	10,092	0.00
☰	IQ - Iqiyi Inc	Reduce 0.63%	14,140	0.00
☰	SAP - SAP SE	Reduce 0.66%	1,188	0.01
☰	DEO - Diageo ADR	Reduce 0.73%	2,164	0.01
☰	ZBH - Zimmer Biomet Holdings	Reduce 3.07%	24,356	0.06
☰	C - Citigroup Inc.	Reduce 3.99%	51,354	0.08
☰	41IS - Unilever Plc	Reduce 4.73%	177	0.00
☰	META - Meta Platforms Inc.	Reduce 5.12%	5,375	0.08
☰	CNXC - Concentrix Corp.	Reduce 5.41%	23,442	0.03
☰	SNX - SYNNEX Corp.	Reduce 5.79%	36,695	0.11
☰	NVDA - NVIDIA Corp.	Reduce 9.28%	393	0.00
☰	DGX - Quest Diagnostics	Reduce 10.99%	37,579	0.14
☰	INDA - iShares MSCI India ETF	Reduce 12.21%	32,066	0.05
☰	CFG - Citizens Financial Group Inc.	Reduce 13.84%	122,767	0.12
☰	RYAAY - Ryanair Holdings PLC	Reduce 14.58%	1,552	0.00
☰	CTSH - Cognizant Technology Solutions Corp.	Reduce 16.01%	155,979	0.30
☰	BTI - British American Tobacco plc	Reduce 16.56%	124,989	0.11
☰	PFE - Pfizer Inc.	Reduce 17.12%	378,520	0.27
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 17.19%	2,771	0.00
☰	NVS - Novartis AG	Reduce 20.54%	1,516	0.00
☰	TCOM - Trip.com Group Ltd	Reduce 20.77%	825	0.00
☰	BBD - Banco Bradesco S.A.	Reduce 21.02%	9,662,131	0.63
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 23.94%	38,036	0.08
☰	DIS - Walt Disney Co.	Reduce 23.96%	265,281	0.63
☰	ORCL - Oracle Corp.	Reduce 26.86%	106,743	0.45
☰	JLL - Jones Lang Lasalle Inc.	Reduce 27.15%	50,163	0.33
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 28.02%	5,875	0.01
☰	NWG - NatWest Group Plc	Reduce 28.73%	323,200	0.07
☰	CLS - Celestica Inc	Reduce 28.77%	69,237	0.09
☰	PCG - PG&E Corp.	Reduce 33.88%	1,291,773	0.63
☰	G - Genpact Ltd.	Reduce 35.20%	617,154	0.59
☰	FINV - Finvolution Group ADR	Reduce 35.50%	1,542,431	0.23
☰	SW - Smurfit Westrock Plc	Reduce 36.56%	1,534,615	1.86
☰	PDD - Pinduoduo Inc.	Reduce 41.95%	322,505	1.07
☰	LYV - Live Nation Inc.	Reduce 49.77%	233,506	0.63
☰	MOMO - Hello Group Inc	Reduce 54.44%	1,057,034	0.20
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 59.25%	759,162	0.27
☰	VIPS - Vipshop Holdings	Reduce 84.08%	1,594,381	0.61
☰	EFA - iShares MSCI EAFE ETF	Reduce 95.92%	1,246,009	2.56
☰	SHEL - Shell plc	Reduce 96.98%	325,502	0.52
☰	FISV - Fiserv Inc.	Sell 100.00%	292,231	1.29
☰	BMY - Bristol-Myers Squibb	Sell 100.00%	750,455	0.95
☰	STX - Seagate Technology Holdings Plc	Sell 100.00%	330,110	0.89
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Sell 100.00%	584,659	0.41
☰	NGG - National Grid Plc Sp ADR	Sell 100.00%	74,164	0.13
☰	VIST - Vista Oil & Gas, S.A.B. de C.V.	Sell 100.00%	84,269	0.09
☰	JKS - Jinkosolar Holding Co Ltd	Sell 100.00%	127,600	0.08
☰	TAC - TransAlta Corp.	Sell 100.00%	223,983	0.06
☰	PBR/A - Petroleo Brasileiro SA	Sell 100.00%	139,761	0.05
☰	EFV - Ishares Msci Eafe Value Etf	Sell 100.00%	22,400	0.03
☰	TRMD - Torm Plc	Sell 100.00%	11,720	0.01
☰	OPFI - Oppfi Inc	Sell 100.00%	14,180	0.00
	Q3 2024
☰	EFA - iShares MSCI EAFE ETF	Add 13,599.99%	1,289,551	2.65
☰	TAC - TransAlta Corp.	Add 859.53%	200,640	0.05
☰	CHKP - Check Point Software Technologies Ltd.	Add 570.57%	1,226,772	5.81
☰	INDA - iShares MSCI India ETF	Add 192.34%	172,810	0.25
☰	MT - ArcelorMittal	Add 177.36%	605,080	0.39
☰	SMIN - iShares MSCI India Small-Cap ETF	Add 172.13%	100,518	0.22
☰	ACWI - iShares MSCI ACWI ETF	Add 75.75%	7,708	0.02
☰	JD - JD.com Inc.	Add 49.72%	488,538	0.48
☰	BAP - Credicorp Ltd.	Add 44.18%	20,674	0.09
☰	BABA - Alibaba Group Holdings	Add 37.23%	240,713	0.63
☰	NVDA - NVIDIA Corp.	Add 33.53%	1,063	0.00
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 32.87%	5,186	0.00
☰	DEO - Diageo ADR	Add 25.78%	60,861	0.21
☰	VEU - Vanguard FTSE All World ex US ETF	Add 23.80%	1,913	0.00
☰	ZBH - Zimmer Biomet Holdings	Add 20.20%	133,482	0.35
☰	GSK - GSK plc	Add 19.09%	143,871	0.14
☰	D7A - Aptiv Plc	Add 18.83%	74,920	0.13
☰	GOOG - Alphabet Inc. CL C	Add 14.82%	72,368	0.30
☰	DIS - Walt Disney Co.	Add 12.26%	120,938	0.29
☰	C - Citigroup Inc.	Add 10.37%	120,816	0.19
☰	PFE - Pfizer Inc.	Add 10.36%	207,651	0.15
☰	ADI - Analog Devices	Add 9.97%	30,887	0.17
☰	CP - Canadian Pacific Kansas City Ltd.	Add 9.03%	723,783	1.52
☰	CTSH - Cognizant Technology Solutions Corp.	Add 9.00%	80,407	0.15
☰	FINV - Finvolution Group ADR	Add 8.95%	356,978	0.05
☰	AZN - AstraZeneca PLC	Add 8.84%	19,925	0.08
☰	QFIN - Qifu Technology Inc.	Add 7.90%	100,492	0.07
☰	TSM - Taiwan Semiconductor S.A.	Add 4.56%	23,079	0.10
☰	BUD - Anheuser-Busch InBev	Add 4.16%	20,302	0.03
☰	WB - Weibo Corp.	Add 3.51%	66,781	0.02
☰	SNY - Sanofi Aventis	Add 3.33%	16,017	0.02
☰	PDD - Pinduoduo Inc.	Add 3.25%	24,174	0.08
☰	BMY - Bristol-Myers Squibb	Add 3.18%	23,103	0.03
☰	MOMO - Hello Group Inc	Add 3.07%	57,807	0.01
☰	BTI - British American Tobacco plc	Add 3.01%	22,078	0.02
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Add 2.27%	12,985	0.01
☰	PUK - Prudential Plc ADR	Add 1.91%	40,010	0.02
☰	RDY - Dr Reddy's Laboratories Ltd	Add 1.59%	1,687	0.00
☰	WIT - Wipro Ltd ADR	Add 1.40%	3,373	0.00
☰	INFY - Infosys Ltd.	Add 1.34%	7,123	0.00
☰	CLS - Celestica Inc	Add 1.05%	2,500	0.00
☰	IBN - ICICI Bank Ltd.	Add 1.01%	4,460	0.00
☰	BCS - Barclays plc ADR	Add 0.63%	34,092	0.01
☰	SW - Smurfit Westrock Plc	Buy	4,197,579	5.10
☰	LYV - Live Nation Inc.	Buy	469,127	1.26
☰	AXS - Axis Capital Holdings Ltd.	Buy	406,723	0.80
☰	SHG - Shinhan Financial Group Company	Buy	304,873	0.32
☰	BA - Boeing Co.	Buy	37,577	0.14
☰	NGG - National Grid Plc Sp ADR	Buy	74,164	0.13
☰	HAFNIO - Hafnia Ltd	Buy	546,511	0.10
☰	AGRO - Adecoagro SA	Buy	300,558	0.08
☰	TSEM - Tower Semiconductor Ltd	Buy	57,206	0.06
☰	URTH - Ishares Msci World Etf	Buy	14,500	0.06
☰	ZIM - ZIM Integrated Shipping Services	Buy	96,425	0.06
☰	EFV - Ishares Msci Eafe Value Etf	Buy	22,400	0.03
☰	AAPL - Apple Inc.	Buy	939	0.01
☰	CIGI - Colliers International Group Inc.	Buy	1,677	0.01
☰	TCOM - Trip.com Group Ltd	Buy	3,973	0.01
☰	HDB - HDFC Bank Ltd.	Reduce 0.36%	431	0.00
☰	SNX - SYNNEX Corp.	Reduce 0.78%	4,961	0.02
☰	BTG - B2Gold Corp.	Reduce 1.19%	12,100	0.00
☰	PHG - Koninklijke Philips Electronics NV	Reduce 1.99%	25,705	0.02
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 5.39%	72,972	0.03
☰	BBD - Banco Bradesco S.A.	Reduce 9.42%	4,781,949	0.29
☰	PCG - PG&E Corp.	Reduce 9.75%	412,013	0.20
☰	BP - BP plc	Reduce 9.98%	131,306	0.13
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 13.27%	2,467	0.00
☰	STX - Seagate Technology Holdings Plc	Reduce 13.62%	52,051	0.15
☰	SAP - SAP SE	Reduce 13.81%	28,679	0.16
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 15.46%	19,716	0.02
☰	G - Genpact Ltd.	Reduce 16.53%	347,097	0.30
☰	OPFI - Oppfi Inc	Reduce 19.46%	3,426	0.00
☰	ORCL - Oracle Corp.	Reduce 20.20%	100,592	0.39
☰	RELX - RELX plc	Reduce 20.57%	109,923	0.14
☰	41IS - Unilever Plc	Reduce 21.63%	1,033	0.00
☰	ING - ING Group NV	Reduce 21.95%	302,200	0.14
☰	CNXC - Concentrix Corp.	Reduce 23.28%	131,478	0.23
☰	VEA - Vanguard FTSE Developed ETF	Reduce 26.89%	178,618	0.24
☰	DGX - Quest Diagnostics	Reduce 28.16%	134,056	0.50
☰	META - Meta Platforms Inc.	Reduce 30.74%	46,573	0.64
☰	FISV - Fiserv Inc.	Reduce 32.19%	138,723	0.56
☰	CFG - Citizens Financial Group Inc.	Reduce 32.56%	428,417	0.42
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 34.54%	38,817	0.12
☰	JLL - Jones Lang Lasalle Inc.	Reduce 35.64%	102,303	0.57
☰	NWG - NatWest Group Plc	Reduce 41.56%	800,000	0.17
☰	VIPS - Vipshop Holdings	Reduce 43.99%	1,489,334	0.53
☰	MMYT - MakeMyTrip Ltd	Reduce 48.38%	78,081	0.18
☰	SHEL - Shell plc	Reduce 52.36%	368,959	0.73
☰	VIST - Vista Oil & Gas, S.A.B. de C.V.	Reduce 64.97%	156,269	0.19
☰	IQ - Iqiyi Inc	Reduce 70.00%	5,270,182	0.52
☰	JKS - Jinkosolar Holding Co Ltd	Reduce 76.87%	424,070	0.24
☰	NVS - Novartis AG	Reduce 96.35%	194,953	0.57
☰	PBR/A - Petroleo Brasileiro SA	Reduce 96.41%	3,751,360	1.40
☰	RYAAY - Ryanair Holdings PLC	Reduce 99.52%	2,187,110	6.95
☰	ZBRA - Zebra Technologies Corp.	Sell 100.00%	149,552	1.26
☰	TME - Tencent Music Entertainment Group	Sell 100.00%	3,076,879	1.18
☰	BERY - Berry Global Group Inc	Sell 100.00%	670,935	1.08
☰	IFF - International Flavors & Fragrances Inc.	Sell 100.00%	347,776	0.90
☰	ATHM - Autohome Inc	Sell 100.00%	555,591	0.42
☰	WHR - Whirlpool Corp.	Sell 100.00%	94,673	0.26
☰	DQ - Daqo New Energy Corp	Sell 100.00%	224,184	0.09
☰	GOGL - Golden Ocean Group Ltd	Sell 100.00%	13,809	0.01
	Q2 2024
☰	JD - JD.com Inc.	Add 8,852.65%	971,578	0.68
☰	NVDA - NVIDIA Corp.	Add 849.10%	2,836	0.01
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 103.01%	57,024	0.18
☰	VEU - Vanguard FTSE All World ex US ETF	Add 90.27%	3,814	0.00
☰	TME - Tencent Music Entertainment Group	Add 87.65%	1,437,217	0.55
☰	VEA - Vanguard FTSE Developed ETF	Add 77.92%	290,864	0.39
☰	CNXC - Concentrix Corp.	Add 56.12%	203,011	0.35
☰	ACWI - iShares MSCI ACWI ETF	Add 34.23%	2,595	0.01
☰	EFA - iShares MSCI EAFE ETF	Add 30.98%	2,243	0.00
☰	ZBH - Zimmer Biomet Holdings	Add 30.53%	154,551	0.46
☰	SHEL - Shell plc	Add 30.18%	163,364	0.32
☰	META - Meta Platforms Inc.	Add 25.53%	30,811	0.42
☰	IQ - Iqiyi Inc	Add 20.44%	1,277,957	0.13
☰	DIS - Walt Disney Co.	Add 19.86%	163,418	0.44
☰	CP - Canadian Pacific Kansas City Ltd.	Add 18.65%	1,260,413	2.71
☰	ORCL - Oracle Corp.	Add 16.07%	68,927	0.27
☰	BP - BP plc	Add 14.74%	169,062	0.17
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Add 13.85%	69,543	0.05
☰	PUK - Prudential Plc ADR	Add 13.42%	248,157	0.12
☰	MOMO - Hello Group Inc	Add 13.37%	222,207	0.04
☰	BBD - Banco Bradesco S.A.	Add 12.05%	5,460,474	0.33
☰	PDD - Pinduoduo Inc.	Add 9.12%	62,230	0.23
☰	BCS - Barclays plc ADR	Add 7.54%	379,258	0.11
☰	CLS - Celestica Inc	Add 7.06%	15,706	0.02
☰	D7A - Aptiv Plc	Add 6.41%	23,982	0.05
☰	ATHM - Autohome Inc	Add 5.76%	30,237	0.02
☰	VIPS - Vipshop Holdings	Add 5.38%	172,876	0.06
☰	QFIN - Qifu Technology Inc.	Add 5.30%	64,023	0.03
☰	BTI - British American Tobacco plc	Add 5.26%	36,632	0.03
☰	G - Genpact Ltd.	Add 5.23%	104,380	0.09
☰	WB - Weibo Corp.	Add 5.11%	92,456	0.02
☰	JKS - Jinkosolar Holding Co Ltd	Add 4.80%	25,284	0.01
☰	NWG - NatWest Group Plc	Add 4.27%	78,819	0.02
☰	BUD - Anheuser-Busch InBev	Add 3.89%	18,288	0.03
☰	TSM - Taiwan Semiconductor S.A.	Add 3.39%	16,605	0.08
☰	SNY - Sanofi Aventis	Add 3.35%	15,586	0.02
☰	SAP - SAP SE	Add 3.06%	6,170	0.03
☰	GSK - GSK plc	Add 2.22%	16,350	0.02
☰	DEO - Diageo ADR	Add 1.61%	3,738	0.01
☰	FISV - Fiserv Inc.	Add 1.50%	6,354	0.03
☰	CFG - Citizens Financial Group Inc.	Add 0.42%	5,538	0.01
☰	FINV - Finvolution Group ADR	Add 0.39%	15,515	0.00
☰	CTSH - Cognizant Technology Solutions Corp.	Buy	893,875	1.66
☰	PFE - Pfizer Inc.	Buy	2,003,659	1.53
☰	CHKP - Check Point Software Technologies Ltd.	Buy	215,009	0.97
☰	BMY - Bristol-Myers Squibb	Buy	727,352	0.82
☰	WHR - Whirlpool Corp.	Buy	94,673	0.26
☰	BAP - Credicorp Ltd.	Buy	46,793	0.21
☰	MT - ArcelorMittal	Buy	341,165	0.21
☰	BTG - B2Gold Corp.	Buy	1,017,504	0.07
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Buy	15,779	0.02
☰	OPFI - Oppfi Inc	Buy	17,606	0.00
☰	TAC - TransAlta Corp.	Buy	23,343	0.00
☰	BERY - Berry Global Group Inc	Reduce 0.45%	3,004	0.00
☰	HDB - HDFC Bank Ltd.	Reduce 0.79%	942	0.00
☰	IBN - ICICI Bank Ltd.	Reduce 0.79%	3,509	0.00
☰	WIT - Wipro Ltd ADR	Reduce 0.91%	2,215	0.00
☰	PCG - PG&E Corp.	Reduce 1.52%	65,104	0.03
☰	INFY - Infosys Ltd.	Reduce 1.98%	10,713	0.00
☰	MMYT - MakeMyTrip Ltd	Reduce 2.06%	3,399	0.01
☰	MSFT - Microsoft Corp.	Reduce 2.59%	25	0.00
☰	DGX - Quest Diagnostics	Reduce 4.99%	25,001	0.09
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 6.28%	90,744	0.03
☰	RDY - Dr Reddy's Laboratories Ltd	Reduce 7.87%	9,064	0.02
☰	C - Citigroup Inc.	Reduce 8.30%	105,420	0.17
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 8.72%	1,775	0.00
☰	AZN - AstraZeneca PLC	Reduce 9.24%	22,944	0.08
☰	INDA - iShares MSCI India ETF	Reduce 11.27%	11,413	0.02
☰	ADI - Analog Devices	Reduce 12.82%	45,567	0.24
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 13.42%	9,055	0.02
☰	NVS - Novartis AG	Reduce 15.51%	37,133	0.09
☰	JLL - Jones Lang Lasalle Inc.	Reduce 16.02%	54,760	0.28
☰	RELX - RELX plc	Reduce 17.07%	110,019	0.12
☰	SNX - SYNNEX Corp.	Reduce 17.61%	136,469	0.40
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 19.11%	30,135	0.03
☰	RYAAY - Ryanair Holdings PLC	Reduce 19.63%	536,710	2.04
☰	BABA - Alibaba Group Holdings	Reduce 22.70%	189,920	0.36
☰	PHG - Koninklijke Philips Electronics NV	Reduce 22.76%	379,760	0.20
☰	ING - ING Group NV	Reduce 27.48%	521,681	0.23
☰	STX - Seagate Technology Holdings Plc	Reduce 29.12%	157,035	0.38
☰	GGB - Gerdau S.A.	Reduce 31.72%	1,240,630	0.14
☰	41IS - Unilever Plc	Reduce 31.94%	2,241	0.00
☰	GOOG - Alphabet Inc. CL C	Reduce 37.13%	288,415	1.15
☰	ZBRA - Zebra Technologies Corp.	Reduce 40.48%	101,709	0.80
☰	PBR/A - Petroleo Brasileiro SA	Reduce 41.38%	2,747,305	1.07
☰	VIST - Vista Oil & Gas, S.A.B. de C.V.	Reduce 51.71%	257,620	0.28
☰	IFF - International Flavors & Fragrances Inc.	Reduce 54.88%	422,939	0.95
☰	DQ - Daqo New Energy Corp	Reduce 67.09%	456,984	0.34
☰	TSN - Tyson Foods	Sell 100.00%	927,806	1.43
☰	TRMB - Trimble Inc	Sell 100.00%	824,877	1.39
☰	ABBV - AbbVie Inc.	Sell 100.00%	213,613	1.02
☰	NTES - NetEase.com Inc.	Sell 100.00%	254,244	0.69
☰	KOF - Coca-Cola FEMSA S A CV	Sell 100.00%	98,213	0.25
☰	SABR - Sabre Corp.	Sell 100.00%	3,057,805	0.19
☰	KB - Kb Financial Group Inc ADR	Sell 100.00%	21,119	0.03
☰	ZIM - ZIM Integrated Shipping Services	Sell 100.00%	131,833	0.03
☰	RIO - Rio Tinto Group	Sell 100.00%	9,525	0.02
☰	UMC - United Microelectronics Corp	Sell 100.00%	58,748	0.01
	Q1 2024
☰	IQ - Iqiyi Inc	Add 127.01%	3,497,437	0.39
☰	PBR/A - Petroleo Brasileiro SA	Add 63.56%	2,579,828	1.01
☰	MOMO - Hello Group Inc	Add 60.35%	625,419	0.10
☰	DQ - Daqo New Energy Corp	Add 45.80%	213,974	0.16
☰	ADI - Analog Devices	Add 35.08%	92,287	0.48
☰	PCG - PG&E Corp.	Add 34.99%	1,111,858	0.49
☰	NTES - NetEase.com Inc.	Add 33.83%	64,271	0.17
☰	BTI - British American Tobacco plc	Add 25.15%	139,892	0.11
☰	PUK - Prudential Plc ADR	Add 24.76%	366,842	0.18
☰	CP - Canadian Pacific Kansas City Ltd.	Add 21.51%	1,196,061	2.76
☰	PHG - Koninklijke Philips Electronics NV	Add 19.84%	276,270	0.14
☰	INDA - iShares MSCI India ETF	Add 19.00%	16,170	0.02
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Add 18.55%	78,557	0.05
☰	STX - Seagate Technology Holdings Plc	Add 17.71%	81,126	0.20
☰	GOOG - Alphabet Inc. CL C	Add 17.35%	114,819	0.46
☰	DEO - Diageo ADR	Add 16.18%	32,351	0.13
☰	ING - ING Group NV	Add 15.43%	253,868	0.11
☰	NVS - Novartis AG	Add 14.53%	30,379	0.08
☰	BUD - Anheuser-Busch InBev	Add 13.63%	56,372	0.09
☰	NWG - NatWest Group Plc	Add 12.05%	198,488	0.04
☰	ATHM - Autohome Inc	Add 9.57%	45,866	0.03
☰	VIST - Vista Oil & Gas, S.A.B. de C.V.	Add 8.31%	38,208	0.04
☰	AZN - AstraZeneca PLC	Add 7.76%	17,877	0.06
☰	VIPS - Vipshop Holdings	Add 7.57%	226,044	0.10
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 7.38%	99,263	0.04
☰	BP - BP plc	Add 7.10%	75,978	0.07
☰	QFIN - Qifu Technology Inc.	Add 6.70%	75,906	0.04
☰	SHEL - Shell plc	Add 6.42%	32,662	0.06
☰	TSM - Taiwan Semiconductor S.A.	Add 5.70%	26,398	0.09
☰	SNY - Sanofi Aventis	Add 5.34%	23,610	0.03
☰	PDD - Pinduoduo Inc.	Add 3.78%	24,856	0.08
☰	RELX - RELX plc	Add 3.43%	21,375	0.02
☰	D7A - Aptiv Plc	Add 2.94%	10,684	0.02
☰	BERY - Berry Global Group Inc	Add 2.61%	17,125	0.03
☰	DGX - Quest Diagnostics	Add 1.71%	8,410	0.03
☰	BCS - Barclays plc ADR	Add 1.27%	62,979	0.02
☰	FINV - Finvolution Group ADR	Add 0.86%	33,850	0.00
☰	ORCL - Oracle Corp.	Buy	429,021	1.41
☰	TRMB - Trimble Inc	Buy	824,877	1.39
☰	TME - Tencent Music Entertainment Group	Buy	1,639,662	0.48
☰	WB - Weibo Corp.	Buy	1,807,944	0.43
☰	WIT - Wipro Ltd ADR	Buy	243,245	0.04
☰	ZIM - ZIM Integrated Shipping Services	Buy	131,833	0.03
☰	EFA - iShares MSCI EAFE ETF	Buy	7,239	0.02
☰	MSFT - Microsoft Corp.	Buy	965	0.01
☰	NVDA - NVIDIA Corp.	Buy	334	0.01
☰	GOGL - Golden Ocean Group Ltd	Buy	13,809	0.00
☰	IBN - ICICI Bank Ltd.	Reduce 0.88%	3,954	0.00
☰	SNX - SYNNEX Corp.	Reduce 2.94%	23,493	0.06
☰	CLS - Celestica Inc	Reduce 4.88%	11,418	0.01
☰	JLL - Jones Lang Lasalle Inc.	Reduce 6.96%	25,557	0.12
☰	TSN - Tyson Foods	Reduce 7.27%	72,762	0.10
☰	GSK - GSK plc	Reduce 7.32%	58,256	0.05
☰	SABR - Sabre Corp.	Reduce 8.25%	274,868	0.03
☰	CFG - Citizens Financial Group Inc.	Reduce 8.29%	118,382	0.10
☰	SAP - SAP SE	Reduce 8.37%	18,415	0.07
☰	ZBH - Zimmer Biomet Holdings	Reduce 10.34%	58,414	0.18
☰	ZBRA - Zebra Technologies Corp.	Reduce 10.51%	29,513	0.20
☰	BABA - Alibaba Group Holdings	Reduce 10.60%	99,196	0.20
☰	CNXC - Concentrix Corp.	Reduce 13.42%	56,067	0.14
☰	BBD - Banco Bradesco S.A.	Reduce 13.91%	7,320,946	0.65
☰	MMYT - MakeMyTrip Ltd	Reduce 14.23%	27,334	0.03
☰	G - Genpact Ltd.	Reduce 16.23%	386,728	0.34
☰	C - Citigroup Inc.	Reduce 16.94%	259,108	0.34
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 18.18%	35,029	0.04
☰	KOF - Coca-Cola FEMSA S A CV	Reduce 19.74%	24,154	0.06
☰	RYAAY - Ryanair Holdings PLC	Reduce 19.74%	672,715	2.28
☰	META - Meta Platforms Inc.	Reduce 19.75%	29,707	0.27
☰	IFF - International Flavors & Fragrances Inc.	Reduce 20.07%	193,469	0.40
☰	FISV - Fiserv Inc.	Reduce 21.38%	115,450	0.39
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 24.21%	21,542	0.04
☰	DIS - Walt Disney Co.	Reduce 25.35%	279,370	0.64
☰	VEA - Vanguard FTSE Developed ETF	Reduce 35.94%	209,395	0.26
☰	JKS - Jinkosolar Holding Co Ltd	Reduce 36.32%	300,172	0.28
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 37.91%	33,808	0.10
☰	ACWI - iShares MSCI ACWI ETF	Reduce 38.61%	4,767	0.01
☰	KB - Kb Financial Group Inc ADR	Reduce 41.37%	14,903	0.02
☰	GGB - Gerdau S.A.	Reduce 46.86%	3,448,163	0.43
☰	ABBV - AbbVie Inc.	Reduce 46.98%	189,253	0.75
☰	VEU - Vanguard FTSE All World ex US ETF	Reduce 61.45%	6,736	0.01
☰	UMC - United Microelectronics Corp	Reduce 73.39%	162,030	0.04
☰	RIO - Rio Tinto Group	Reduce 90.97%	95,901	0.18
☰	41IS - Unilever Plc	Reduce 97.61%	286,707	0.35
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 97.94%	967,948	0.24
☰	UBS - UBS AG	Sell 100.00%	4,809,753	3.80
☰	AVTR - Avantor Inc.	Sell 100.00%	2,559,572	1.49
☰	CSX - CSX Corp.	Sell 100.00%	1,611,661	1.42
☰	EXE - Expand Energy Corp.	Sell 100.00%	381,075	0.75
☰	CX - Cemex	Sell 100.00%	1,580,203	0.31
☰	JOYY - JOYY Inc.	Sell 100.00%	216,129	0.22
☰	MNSO - Miniso Group Holding Ltd	Sell 100.00%	395,971	0.21
☰	AGRO - Adecoagro SA	Sell 100.00%	370,517	0.10
☰	ERF - Enerplus Corp	Sell 100.00%	154,569	0.06
☰	VET - Vermilion Energy Inc	Sell 100.00%	187,071	0.06
	Q4 2023
☰	JKS - Jinkosolar Holding Co Ltd	Add 302.77%	621,339	0.59
☰	INDA - iShares MSCI India ETF	Add 299.60%	63,796	0.08
☰	SMIN - iShares MSCI India Small-Cap ETF	Add 103.37%	45,234	0.08
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 70.54%	36,882	0.11
☰	TSN - Tyson Foods	Add 64.92%	393,860	0.54
☰	NWG - NatWest Group Plc	Add 57.71%	602,975	0.09
☰	PBR/A - Petroleo Brasileiro SA	Add 54.67%	1,434,494	0.56
☰	VEA - Vanguard FTSE Developed ETF	Add 54.17%	204,731	0.25
☰	DEO - Diageo ADR	Add 52.07%	68,470	0.25
☰	MNSO - Miniso Group Holding Ltd	Add 48.44%	129,217	0.07
☰	GSK - GSK plc	Add 40.85%	230,694	0.22
☰	ZBH - Zimmer Biomet Holdings	Add 39.13%	158,806	0.49
☰	KB - Kb Financial Group Inc ADR	Add 36.80%	9,690	0.01
☰	BUD - Anheuser-Busch InBev	Add 36.06%	109,625	0.18
☰	CP - Canadian Pacific Kansas City Ltd.	Add 35.93%	1,470,042	2.98
☰	ZBRA - Zebra Technologies Corp.	Add 35.55%	73,631	0.51
☰	AZN - AstraZeneca PLC	Add 29.70%	52,751	0.18
☰	BERY - Berry Global Group Inc	Add 29.59%	149,964	0.26
☰	PCG - PG&E Corp.	Add 27.73%	689,911	0.32
☰	IFF - International Flavors & Fragrances Inc.	Add 27.65%	208,833	0.43
☰	PHG - Koninklijke Philips Electronics NV	Add 27.52%	300,580	0.18
☰	BCS - Barclays plc ADR	Add 22.93%	926,980	0.19
☰	IQ - Iqiyi Inc	Add 21.69%	490,824	0.06
☰	INFY - Infosys Ltd.	Add 20.26%	91,206	0.04
☰	CFG - Citizens Financial Group Inc.	Add 19.59%	234,061	0.20
☰	BP - BP plc	Add 19.32%	173,379	0.16
☰	CSX - CSX Corp.	Add 18.38%	250,270	0.22
☰	ING - ING Group NV	Add 15.69%	223,060	0.09
☰	JLL - Jones Lang Lasalle Inc.	Add 15.20%	48,476	0.23
☰	ACWI - iShares MSCI ACWI ETF	Add 15.05%	1,615	0.00
☰	NVS - Novartis AG	Add 11.80%	22,070	0.06
☰	PUK - Prudential Plc ADR	Add 11.54%	153,332	0.09
☰	G - Genpact Ltd.	Add 10.35%	223,407	0.20
☰	SHEL - Shell plc	Add 9.82%	45,462	0.08
☰	RELX - RELX plc	Add 8.95%	51,158	0.05
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 8.14%	101,336	0.04
☰	SNX - SYNNEX Corp.	Add 2.57%	20,033	0.05
☰	ABBV - AbbVie Inc.	Add 1.43%	5,683	0.02
☰	CLS - Celestica Inc	Add 1.26%	2,918	0.00
☰	DIS - Walt Disney Co.	Add 1.26%	13,695	0.03
☰	DGX - Quest Diagnostics	Add 0.62%	3,013	0.01
☰	HDB - HDFC Bank Ltd.	Add 0.36%	433	0.00
☰	C - Citigroup Inc.	Add 0.35%	5,347	0.01
☰	ADI - Analog Devices	Buy	263,109	1.33
☰	STX - Seagate Technology Holdings Plc	Buy	458,070	1.00
☰	D7A - Aptiv Plc	Buy	363,303	0.83
☰	NTES - NetEase.com Inc.	Buy	189,973	0.45
☰	CX - Cemex	Buy	1,580,203	0.31
☰	JOYY - JOYY Inc.	Buy	216,129	0.22
☰	AGRO - Adecoagro SA	Buy	370,517	0.10
☰	ERF - Enerplus Corp	Buy	154,569	0.06
☰	VEU - Vanguard FTSE All World ex US ETF	Buy	10,961	0.02
☰	JD - JD.com Inc.	Buy	10,975	0.01
☰	AVTR - Avantor Inc.	Reduce 0.52%	13,427	0.01
☰	BTI - British American Tobacco plc	Reduce 0.69%	3,866	0.00
☰	VIST - Vista Oil & Gas, S.A.B. de C.V.	Reduce 0.91%	4,245	0.00
☰	PDD - Pinduoduo Inc.	Reduce 0.96%	6,380	0.02
☰	VET - Vermilion Energy Inc	Reduce 1.16%	2,200	0.00
☰	ATHM - Autohome Inc	Reduce 1.26%	6,123	0.00
☰	VIPS - Vipshop Holdings	Reduce 2.09%	63,846	0.03
☰	QFIN - Qifu Technology Inc.	Reduce 2.22%	25,667	0.01
☰	META - Meta Platforms Inc.	Reduce 2.33%	3,593	0.03
☰	KOF - Coca-Cola FEMSA S A CV	Reduce 3.34%	4,227	0.01
☰	GGB - Gerdau S.A.	Reduce 3.78%	289,135	0.04
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 3.99%	8,000	0.01
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 4.33%	44,767	0.01
☰	SABR - Sabre Corp.	Reduce 5.54%	195,276	0.02
☰	GOOG - Alphabet Inc. CL C	Reduce 5.60%	39,290	0.14
☰	TSM - Taiwan Semiconductor S.A.	Reduce 6.99%	34,760	0.08
☰	SNY - Sanofi Aventis	Reduce 7.98%	38,373	0.05
☰	41IS - Unilever Plc	Reduce 14.56%	50,058	0.07
☰	BABA - Alibaba Group Holdings	Reduce 17.17%	194,028	0.44
☰	RYAAY - Ryanair Holdings PLC	Reduce 17.25%	710,502	1.82
☰	BBD - Banco Bradesco S.A.	Reduce 17.88%	11,453,994	0.86
☰	FISV - Fiserv Inc.	Reduce 18.57%	123,180	0.37
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Reduce 19.98%	105,739	0.07
☰	SAP - SAP SE	Reduce 24.23%	70,349	0.24
☰	MOMO - Hello Group Inc	Reduce 30.55%	455,839	0.08
☰	CNXC - Concentrix Corp.	Reduce 36.52%	240,319	0.51
☰	DQ - Daqo New Energy Corp	Reduce 37.01%	274,489	0.22
☰	EXE - Expand Energy Corp.	Reduce 43.39%	292,117	0.66
☰	UBS - UBS AG	Reduce 46.55%	4,188,922	2.74
☰	FINV - Finvolution Group ADR	Reduce 50.16%	3,964,988	0.52
☰	RIO - Rio Tinto Group	Reduce 66.37%	208,036	0.35
☰	EFA - iShares MSCI EAFE ETF	Sell 100.00%	4,789,941	8.71
☰	MDLZ - Mondelez International	Sell 100.00%	772,419	1.41
☰	ALL - Allstate Corp.	Sell 100.00%	305,951	0.90
☰	IEFA - Ishares Core Msci Eafe Etf	Sell 100.00%	343,100	0.58
☰	BIDU - Baidu Inc.	Sell 100.00%	142,699	0.51
☰	BTE - Baytex Energy Corp.	Sell 100.00%	734,076	0.09
☰	GOGL - Golden Ocean Group Ltd	Sell 100.00%	392,847	0.08
☰	FXI - Ishares China Large-Cap Etf	Sell 100.00%	101,700	0.07
☰	HIMX - Himax Technologies Inc	Sell 100.00%	258,200	0.04
☰	INMD - Inmode Ltd	Sell 100.00%	48,493	0.04
	Q3 2023
☰	VEA - Vanguard FTSE Developed ETF	Add 93.68%	182,810	0.21
☰	CFG - Citizens Financial Group Inc.	Add 88.63%	561,274	0.39
☰	TSN - Tyson Foods	Add 86.74%	281,811	0.38
☰	ZBH - Zimmer Biomet Holdings	Add 79.57%	179,845	0.53
☰	BTI - British American Tobacco plc	Add 72.32%	235,085	0.19
☰	HDB - HDFC Bank Ltd.	Add 71.70%	49,761	0.08
☰	DGX - Quest Diagnostics	Add 58.74%	181,201	0.58
☰	BUD - Anheuser-Busch InBev	Add 48.29%	99,006	0.14
☰	BBD - Banco Bradesco S.A.	Add 43.44%	19,404,902	1.46
☰	CNXC - Concentrix Corp.	Add 43.42%	199,226	0.42
☰	EXE - Expand Energy Corp.	Add 42.08%	199,383	0.45
☰	PUK - Prudential Plc ADR	Add 42.07%	393,374	0.23
☰	GSK - GSK plc	Add 41.39%	165,317	0.16
☰	FINV - Finvolution Group ADR	Add 38.16%	2,182,976	0.29
☰	CSX - CSX Corp.	Add 36.58%	364,585	0.29
☰	AZN - AstraZeneca PLC	Add 34.38%	45,437	0.16
☰	PCG - PG&E Corp.	Add 30.72%	584,625	0.25
☰	DIS - Walt Disney Co.	Add 30.23%	252,680	0.54
☰	SNY - Sanofi Aventis	Add 29.18%	108,574	0.15
☰	ATHM - Autohome Inc	Add 24.80%	96,510	0.08
☰	SNX - SYNNEX Corp.	Add 23.00%	145,552	0.38
☰	SAP - SAP SE	Add 20.06%	48,512	0.17
☰	BCS - Barclays plc ADR	Add 19.46%	658,639	0.14
☰	BABA - Alibaba Group Holdings	Add 18.14%	173,468	0.40
☰	DEO - Diageo ADR	Add 18.14%	20,191	0.08
☰	ABBV - AbbVie Inc.	Add 17.14%	58,123	0.23
☰	RIO - Rio Tinto Group	Add 16.24%	43,804	0.07
☰	KOF - Coca-Cola FEMSA S A CV	Add 13.09%	14,657	0.03
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Add 12.31%	58,010	0.04
☰	BP - BP plc	Add 11.11%	89,758	0.09
☰	JLL - Jones Lang Lasalle Inc.	Add 11.10%	31,867	0.12
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 11.04%	123,725	0.05
☰	VIST - Vista Oil & Gas, S.A.B. de C.V.	Add 8.04%	34,563	0.03
☰	G - Genpact Ltd.	Add 7.18%	144,611	0.14
☰	MDLZ - Mondelez International	Add 3.60%	26,845	0.05
☰	C - Citigroup Inc.	Add 2.33%	34,646	0.04
☰	VIPS - Vipshop Holdings	Add 2.24%	66,939	0.03
☰	FISV - Fiserv Inc.	Add 1.76%	11,461	0.03
☰	CLS - Celestica Inc	Add 1.51%	3,441	0.00
☰	UBS - UBS AG	Add 1.07%	95,547	0.06
☰	EFA - iShares MSCI EAFE ETF	Buy	4,789,941	8.71
☰	CP - Canadian Pacific Kansas City Ltd.	Buy	4,091,735	8.06
☰	IFF - International Flavors & Fragrances Inc.	Buy	755,351	1.36
☰	ZBRA - Zebra Technologies Corp.	Buy	207,143	1.29
☰	PBR/A - Petroleo Brasileiro SA	Buy	2,624,104	0.95
☰	ALL - Allstate Corp.	Buy	305,951	0.90
☰	SHEL - Shell plc	Buy	463,105	0.79
☰	IEFA - Ishares Core Msci Eafe Etf	Buy	343,100	0.58
☰	MNSO - Miniso Group Holding Ltd	Buy	266,754	0.18
☰	NWG - NatWest Group Plc	Buy	1,044,782	0.16
☰	BTE - Baytex Energy Corp.	Buy	734,076	0.09
☰	FXI - Ishares China Large-Cap Etf	Buy	101,700	0.07
☰	SMIN - iShares MSCI India Small-Cap ETF	Buy	43,758	0.07
☰	VET - Vermilion Energy Inc	Buy	189,271	0.07
☰	INMD - Inmode Ltd	Buy	48,493	0.04
☰	ACWI - iShares MSCI ACWI ETF	Buy	10,732	0.03
☰	AVTR - Avantor Inc.	Reduce 0.44%	11,455	0.01
☰	SABR - Sabre Corp.	Reduce 0.56%	19,786	0.00
☰	GGB - Gerdau S.A.	Reduce 1.06%	82,315	0.01
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 3.97%	8,289	0.01
☰	PHG - Koninklijke Philips Electronics NV	Reduce 6.01%	69,793	0.04
☰	IQ - Iqiyi Inc	Reduce 8.35%	206,096	0.03
☰	BIDU - Baidu Inc.	Reduce 11.48%	18,499	0.07
☰	41IS - Unilever Plc	Reduce 11.78%	45,898	0.06
☰	MMYT - MakeMyTrip Ltd	Reduce 12.22%	26,742	0.02
☰	DQ - Daqo New Energy Corp	Reduce 13.33%	114,097	0.12
☰	GOOG - Alphabet Inc. CL C	Reduce 14.63%	120,200	0.38
☰	ING - ING Group NV	Reduce 15.06%	252,065	0.09
☰	NVS - Novartis AG	Reduce 17.08%	38,529	0.10
☰	PDD - Pinduoduo Inc.	Reduce 19.84%	164,298	0.30
☰	META - Meta Platforms Inc.	Reduce 21.38%	41,873	0.32
☰	IBN - ICICI Bank Ltd.	Reduce 22.03%	126,933	0.08
☰	GOGL - Golden Ocean Group Ltd	Reduce 22.35%	113,057	0.02
☰	RELX - RELX plc	Reduce 23.07%	171,475	0.15
☰	RDY - Dr Reddy's Laboratories Ltd	Reduce 23.17%	34,744	0.06
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 26.23%	18,589	0.06
☰	INFY - Infosys Ltd.	Reduce 28.30%	177,704	0.08
☰	BERY - Berry Global Group Inc	Reduce 32.34%	242,282	0.41
☰	MOMO - Hello Group Inc	Reduce 37.07%	878,900	0.22
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 38.00%	633,250	0.14
☰	JKS - Jinkosolar Holding Co Ltd	Reduce 39.20%	132,295	0.15
☰	QFIN - Qifu Technology Inc.	Reduce 40.75%	796,743	0.36
☰	RYAAY - Ryanair Holdings PLC	Reduce 45.14%	3,388,253	9.86
☰	TSM - Taiwan Semiconductor S.A.	Reduce 64.73%	912,974	2.43
☰	INDA - iShares MSCI India ETF	Reduce 67.86%	44,955	0.05
☰	TRMD - Torm Plc	Reduce 91.41%	124,745	0.08
☰	CNI - Canadian Natl Railway Co.	Sell 100.00%	2,887,742	9.21
☰	WRK - Westrock Co	Sell 100.00%	2,111,676	1.62
☰	LDOS - Leidos Holdings	Sell 100.00%	558,903	1.30
☰	TME - Tencent Music Entertainment Group	Sell 100.00%	6,052,922	1.18
☰	CARR - Carrier Global Corp.	Sell 100.00%	754,096	0.99
☰	MELI - Mercadolibre Inc.	Sell 100.00%	10,070	0.31
☰	YPF - YPF S.A.	Sell 100.00%	791,539	0.31
☰	WIT - Wipro Ltd ADR	Sell 100.00%	100,430	0.01
	Q2 2023
☰	TRMD - Torm Plc	Add 1,064.38%	124,745	0.08
☰	BP - BP plc	Add 229.46%	562,459	0.52
☰	BIDU - Baidu Inc.	Add 161.58%	99,573	0.36
☰	DEO - Diageo ADR	Add 100.10%	55,686	0.26
☰	UMC - United Microelectronics Corp	Add 91.60%	105,549	0.02
☰	AVTR - Avantor Inc.	Add 78.72%	1,138,331	0.62
☰	RIO - Rio Tinto Group	Add 73.51%	114,244	0.19
☰	BTI - British American Tobacco plc	Add 67.72%	131,253	0.11
☰	EXE - Expand Energy Corp.	Add 62.81%	182,782	0.40
☰	JKS - Jinkosolar Holding Co Ltd	Add 51.01%	114,010	0.13
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 48.75%	23,228	0.07
☰	BUD - Anheuser-Busch InBev	Add 48.64%	67,084	0.10
☰	G - Genpact Ltd.	Add 36.37%	537,248	0.53
☰	JLL - Jones Lang Lasalle Inc.	Add 30.32%	66,780	0.27
☰	DQ - Daqo New Energy Corp	Add 28.91%	191,911	0.20
☰	YPF - YPF S.A.	Add 25.20%	159,333	0.06
☰	GSK - GSK plc	Add 25.15%	80,270	0.07
☰	SNX - SYNNEX Corp.	Add 25.10%	126,959	0.31
☰	LDOS - Leidos Holdings	Add 18.60%	87,658	0.20
☰	PHG - Koninklijke Philips Electronics NV	Add 15.40%	155,019	0.09
☰	BCS - Barclays plc ADR	Add 15.06%	443,013	0.09
☰	GGB - Gerdau S.A.	Add 9.44%	666,590	0.09
☰	RELX - RELX plc	Add 8.85%	60,414	0.05
☰	SNY - Sanofi Aventis	Add 8.66%	29,650	0.04
☰	MOMO - Hello Group Inc	Add 7.37%	162,828	0.04
☰	DIS - Walt Disney Co.	Add 5.93%	46,803	0.11
☰	C - Citigroup Inc.	Add 4.99%	70,877	0.09
☰	ING - ING Group NV	Add 3.60%	58,188	0.02
☰	41IS - Unilever Plc	Add 1.20%	4,614	0.01
☰	CLS - Celestica Inc	Add 0.97%	2,180	0.00
☰	PDD - Pinduoduo Inc.	Add 0.89%	7,277	0.01
☰	SABR - Sabre Corp.	Add 0.01%	333	0.00
☰	ABBV - AbbVie Inc.	Buy	339,060	1.20
☰	DGX - Quest Diagnostics	Buy	308,493	1.14
☰	CSX - CSX Corp.	Buy	996,806	0.89
☰	TSN - Tyson Foods	Buy	324,897	0.44
☰	CFG - Citizens Financial Group Inc.	Buy	633,246	0.43
☰	IQ - Iqiyi Inc	Buy	2,468,900	0.35
☰	MELI - Mercadolibre Inc.	Buy	10,070	0.31
☰	VIST - Vista Oil & Gas, S.A.B. de C.V.	Buy	429,632	0.27
☰	GOGL - Golden Ocean Group Ltd	Buy	505,904	0.10
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 0.08%	1,267	0.00
☰	WRK - Westrock Co	Reduce 0.25%	5,339	0.00
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 0.78%	8,782	0.00
☰	WIT - Wipro Ltd ADR	Reduce 2.28%	2,346	0.00
☰	PCG - PG&E Corp.	Reduce 2.39%	46,687	0.02
☰	VIPS - Vipshop Holdings	Reduce 2.76%	84,665	0.03
☰	KOF - Coca-Cola FEMSA S A CV	Reduce 4.34%	5,083	0.01
☰	TME - Tencent Music Entertainment Group	Reduce 4.85%	308,822	0.06
☰	FISV - Fiserv Inc.	Reduce 4.93%	33,825	0.09
☰	RDY - Dr Reddy's Laboratories Ltd	Reduce 6.82%	10,984	0.02
☰	PUK - Prudential Plc ADR	Reduce 7.58%	76,672	0.05
☰	UBS - UBS AG	Reduce 7.75%	747,512	0.38
☰	NVS - Novartis AG	Reduce 8.20%	20,159	0.04
☰	MDLZ - Mondelez International	Reduce 9.83%	81,263	0.14
☰	GOOG - Alphabet Inc. CL C	Reduce 10.01%	91,322	0.23
☰	QFIN - Qifu Technology Inc.	Reduce 10.34%	225,582	0.10
☰	SAP - SAP SE	Reduce 14.55%	41,165	0.13
☰	VEA - Vanguard FTSE Developed ETF	Reduce 16.12%	37,499	0.04
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Reduce 17.16%	97,605	0.07
☰	AZN - AstraZeneca PLC	Reduce 18.34%	29,678	0.10
☰	RYAAY - Ryanair Holdings PLC	Reduce 18.79%	1,736,975	3.93
☰	BBD - Banco Bradesco S.A.	Reduce 19.62%	10,902,527	0.68
☰	BERY - Berry Global Group Inc	Reduce 23.40%	228,887	0.32
☰	CNXC - Concentrix Corp.	Reduce 26.65%	166,750	0.49
☰	MMYT - MakeMyTrip Ltd	Reduce 26.92%	80,643	0.05
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 27.43%	78,982	0.07
☰	BABA - Alibaba Group Holdings	Reduce 28.21%	375,816	0.92
☰	INFY - Infosys Ltd.	Reduce 30.05%	269,802	0.11
☰	HDB - HDFC Bank Ltd.	Reduce 32.92%	34,060	0.06
☰	ATHM - Autohome Inc	Reduce 34.88%	208,456	0.17
☰	INDA - iShares MSCI India ETF	Reduce 35.77%	36,888	0.04
☰	FINV - Finvolution Group ADR	Reduce 36.25%	3,252,932	0.33
☰	CNI - Canadian Natl Railway Co.	Reduce 38.99%	1,845,152	5.22
☰	META - Meta Platforms Inc.	Reduce 39.31%	126,865	0.64
☰	CARR - Carrier Global Corp.	Reduce 45.65%	633,503	0.69
☰	ZBH - Zimmer Biomet Holdings	Reduce 46.68%	197,872	0.61
☰	TSM - Taiwan Semiconductor S.A.	Reduce 48.46%	1,326,004	2.96
☰	IBN - ICICI Bank Ltd.	Reduce 65.36%	1,087,076	0.56
☰	HIMX - Himax Technologies Inc	Reduce 75.78%	808,051	0.16
☰	BAP - Credicorp Ltd.	Sell 100.00%	384,722	1.22
☰	JD - JD.com Inc.	Sell 100.00%	464,782	0.49
☰	LVS - Las Vegas Sands Corp.	Sell 100.00%	282,413	0.39
☰	PKX - Posco Holdings Inc	Sell 100.00%	129,209	0.22
☰	TTEN - Totalenergies Se	Sell 100.00%	137,490	0.19
☰	CPG - Crescent Point Energy Corp	Sell 100.00%	321,594	0.05
☰	ACWI - iShares MSCI ACWI ETF	Sell 100.00%	10,057	0.02
☰	SMIN - iShares MSCI India Small-Cap ETF	Sell 100.00%	14,401	0.02
☰	CGAU - Centerra Gold Inc	Sell 100.00%	37,000	0.01
	Q1 2023
☰	BBD - Banco Bradesco S.A.	Add 537.71%	46,855,765	2.94
☰	MOMO - Hello Group Inc	Add 258.70%	1,592,624	0.35
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 109.98%	24,956	0.06
☰	MMYT - MakeMyTrip Ltd	Add 89.62%	141,555	0.09
☰	JLL - Jones Lang Lasalle Inc.	Add 61.80%	84,120	0.29
☰	RDY - Dr Reddy's Laboratories Ltd	Add 59.65%	60,144	0.08
☰	ATHM - Autohome Inc	Add 45.73%	187,500	0.15
☰	LDOS - Leidos Holdings	Add 44.76%	145,700	0.32
☰	WRK - Westrock Co	Add 42.18%	628,019	0.46
☰	SNX - SYNNEX Corp.	Add 37.17%	137,081	0.32
☰	GSK - GSK plc	Add 34.65%	82,127	0.07
☰	GOOG - Alphabet Inc. CL C	Add 33.26%	227,813	0.57
☰	ING - ING Group NV	Add 26.83%	341,772	0.10
☰	PHG - Koninklijke Philips Electronics NV	Add 21.79%	180,120	0.08
☰	VIPS - Vipshop Holdings	Add 21.35%	539,748	0.20
☰	RYAAY - Ryanair Holdings PLC	Add 20.07%	1,544,957	3.49
☰	BCS - Barclays plc ADR	Add 15.42%	392,997	0.07
☰	TME - Tencent Music Entertainment Group	Add 12.95%	729,256	0.14
☰	AZN - AstraZeneca PLC	Add 12.16%	17,541	0.06
☰	CNI - Canadian Natl Railway Co.	Add 11.69%	495,467	1.40
☰	NVS - Novartis AG	Add 10.27%	22,875	0.05
☰	C - Citigroup Inc.	Add 9.34%	121,245	0.14
☰	FINV - Finvolution Group ADR	Add 8.51%	703,854	0.07
☰	MDLZ - Mondelez International	Add 8.26%	63,055	0.11
☰	AVTR - Avantor Inc.	Add 6.16%	83,858	0.04
☰	FISV - Fiserv Inc.	Add 5.89%	38,117	0.10
☰	SAP - SAP SE	Add 4.90%	13,217	0.04
☰	BTI - British American Tobacco plc	Add 4.66%	8,623	0.01
☰	VEA - Vanguard FTSE Developed ETF	Add 3.93%	8,787	0.01
☰	META - Meta Platforms Inc.	Add 3.36%	10,493	0.05
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 2.70%	43,857	0.01
☰	RIO - Rio Tinto Group	Add 1.53%	2,340	0.00
☰	PDD - Pinduoduo Inc.	Add 0.96%	7,767	0.01
☰	G - Genpact Ltd.	Add 0.70%	10,211	0.01
☰	DIS - Walt Disney Co.	Add 0.02%	132	0.00
☰	UBS - UBS AG	Buy	9,650,640	4.89
☰	BAP - Credicorp Ltd.	Buy	384,722	1.22
☰	GGB - Gerdau S.A.	Buy	7,063,831	0.84
☰	PCG - PG&E Corp.	Buy	1,949,856	0.76
☰	EXE - Expand Energy Corp.	Buy	291,027	0.53
☰	JKS - Jinkosolar Holding Co Ltd	Buy	223,504	0.27
☰	DEO - Diageo ADR	Buy	55,630	0.24
☰	HIMX - Himax Technologies Inc	Buy	1,066,251	0.21
☰	YPF - YPF S.A.	Buy	632,206	0.17
☰	ACWI - iShares MSCI ACWI ETF	Buy	10,057	0.02
☰	CNXC - Concentrix Corp.	Reduce 0.43%	2,682	0.01
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 1.23%	180	0.00
☰	INDA - iShares MSCI India ETF	Reduce 1.26%	1,313	0.00
☰	ZBH - Zimmer Biomet Holdings	Reduce 1.87%	8,072	0.03
☰	RELX - RELX plc	Reduce 2.59%	18,123	0.01
☰	SABR - Sabre Corp.	Reduce 3.13%	114,577	0.02
☰	BABA - Alibaba Group Holdings	Reduce 3.81%	52,742	0.13
☰	CARR - Carrier Global Corp.	Reduce 4.03%	58,204	0.07
☰	QFIN - Qifu Technology Inc.	Reduce 5.12%	117,612	0.07
☰	KOF - Coca-Cola FEMSA S A CV	Reduce 6.55%	8,205	0.02
☰	PKX - Posco Holdings Inc	Reduce 7.97%	11,193	0.02
☰	BERY - Berry Global Group Inc	Reduce 9.32%	100,568	0.18
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Reduce 10.15%	64,283	0.05
☰	TSM - Taiwan Semiconductor S.A.	Reduce 10.54%	322,327	0.70
☰	INFY - Infosys Ltd.	Reduce 11.92%	121,523	0.06
☰	41IS - Unilever Plc	Reduce 12.01%	52,579	0.08
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 15.09%	200,676	0.09
☰	SNY - Sanofi Aventis	Reduce 15.34%	62,039	0.09
☰	DQ - Daqo New Energy Corp	Reduce 15.35%	120,386	0.14
☰	TTEN - Totalenergies Se	Reduce 17.09%	28,346	0.05
☰	UMC - United Microelectronics Corp	Reduce 18.36%	25,916	0.01
☰	BUD - Anheuser-Busch InBev	Reduce 20.94%	36,523	0.06
☰	BP - BP plc	Reduce 22.64%	71,728	0.07
☰	PUK - Prudential Plc ADR	Reduce 22.80%	298,783	0.24
☰	CPG - Crescent Point Energy Corp	Reduce 31.02%	144,602	0.03
☰	IBN - ICICI Bank Ltd.	Reduce 32.25%	791,792	0.50
☰	CLS - Celestica Inc	Reduce 32.49%	108,461	0.04
☰	HDB - HDFC Bank Ltd.	Reduce 33.10%	51,197	0.10
☰	KB - Kb Financial Group Inc ADR	Reduce 36.89%	15,393	0.02
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 42.66%	214,268	0.23
☰	JD - JD.com Inc.	Reduce 44.42%	371,458	0.60
☰	BIDU - Baidu Inc.	Reduce 45.23%	50,891	0.17
☰	CGAU - Centerra Gold Inc	Reduce 50.00%	37,000	0.01
☰	TRMD - Torm Plc	Reduce 50.00%	11,720	0.01
☰	WIT - Wipro Ltd ADR	Reduce 67.89%	217,289	0.03
☰	LVS - Las Vegas Sands Corp.	Reduce 78.19%	1,012,174	1.42
☰	BKNG - Booking Holdings Inc.	Sell 100.00%	787,825	1.84
☰	GE - GE Aerospace	Sell 100.00%	655,810	1.60
☰	PBR/A - Petroleo Brasileiro SA	Sell 100.00%	3,963,694	1.07
☰	WFC - Wells Fargo	Sell 100.00%	652,582	0.78
☰	TER - Teradyne Inc.	Sell 100.00%	238,375	0.60
☰	AVGO - Broadcom Inc.	Sell 100.00%	36,589	0.59
☰	TTM-OLD - Tata Motors Ltd	Sell 100.00%	351,070	0.24
☰	MT - ArcelorMittal	Sell 100.00%	112,672	0.09
☰	INMD - Inmode Ltd	Sell 100.00%	45,119	0.05
☰	EFA - iShares MSCI EAFE ETF	Sell 100.00%	19,596	0.04
☰	VALE - Vale SA	Sell 100.00%	51,213	0.03
☰	ERF - Enerplus Corp	Sell 100.00%	25,478	0.01
	Q4 2022
☰	VIPS - Vipshop Holdings	Add 449.06%	2,067,934	0.82
☰	TME - Tencent Music Entertainment Group	Add 64.83%	2,215,283	0.53
☰	PDD - Pinduoduo Inc.	Add 62.20%	311,839	0.74
☰	JD - JD.com Inc.	Add 49.54%	277,040	0.45
☰	AVTR - Avantor Inc.	Add 45.02%	422,921	0.26
☰	MOMO - Hello Group Inc	Add 44.90%	190,759	0.05
☰	BABA - Alibaba Group Holdings	Add 37.09%	374,645	0.96
☰	BUD - Anheuser-Busch InBev	Add 33.07%	43,355	0.07
☰	GSK - GSK plc	Add 29.14%	53,489	0.05
☰	C - Citigroup Inc.	Add 27.41%	279,191	0.37
☰	DIS - Walt Disney Co.	Add 24.28%	154,105	0.39
☰	QFIN - Qifu Technology Inc.	Add 17.33%	339,470	0.20
☰	RDY - Dr Reddy's Laboratories Ltd	Add 17.28%	14,853	0.02
☰	WRK - Westrock Co	Add 14.24%	185,591	0.19
☰	PHG - Koninklijke Philips Electronics NV	Add 9.82%	73,949	0.03
☰	JLL - Jones Lang Lasalle Inc.	Add 6.58%	8,407	0.04
☰	BCS - Barclays plc ADR	Add 5.77%	139,004	0.03
☰	GOOG - Alphabet Inc. CL C	Add 4.12%	27,096	0.07
☰	PUK - Prudential Plc ADR	Add 3.36%	42,627	0.03
☰	RYAAY - Ryanair Holdings PLC	Buy	7,697,953	16.71
☰	GE - GE Aerospace	Buy	655,810	1.60
☰	FINV - Finvolution Group ADR	Buy	8,270,022	1.19
☰	BBD - Banco Bradesco S.A.	Buy	8,713,912	0.73
☰	TER - Teradyne Inc.	Buy	238,375	0.60
☰	ATHM - Autohome Inc	Buy	410,057	0.36
☰	MMYT - MakeMyTrip Ltd	Buy	157,957	0.13
☰	CLS - Celestica Inc	Buy	333,794	0.11
☰	CPG - Crescent Point Energy Corp	Buy	466,196	0.10
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Buy	22,691	0.07
☰	INMD - Inmode Ltd	Buy	45,119	0.05
☰	TRMD - Torm Plc	Buy	23,440	0.02
☰	CGAU - Centerra Gold Inc	Buy	74,000	0.01
☰	ERF - Enerplus Corp	Buy	25,478	0.01
☰	HDB - HDFC Bank Ltd.	Reduce 1.18%	1,841	0.00
☰	TTM-OLD - Tata Motors Ltd	Reduce 1.25%	4,433	0.00
☰	RIO - Rio Tinto Group	Reduce 1.58%	2,458	0.00
☰	CNXC - Concentrix Corp.	Reduce 1.88%	12,070	0.04
☰	WIT - Wipro Ltd ADR	Reduce 2.16%	7,080	0.00
☰	CARR - Carrier Global Corp.	Reduce 2.53%	37,525	0.04
☰	SAP - SAP SE	Reduce 3.70%	10,355	0.02
☰	SNX - SYNNEX Corp.	Reduce 4.19%	16,140	0.04
☰	BP - BP plc	Reduce 4.29%	14,203	0.01
☰	META - Meta Platforms Inc.	Reduce 4.37%	14,266	0.05
☰	DQ - Daqo New Energy Corp	Reduce 4.39%	36,002	0.05
☰	AZN - AstraZeneca PLC	Reduce 5.25%	7,996	0.02
☰	ZBH - Zimmer Biomet Holdings	Reduce 5.93%	27,247	0.08
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 6.11%	105,731	0.02
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 7.04%	100,663	0.04
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Reduce 7.06%	48,105	0.04
☰	RELX - RELX plc	Reduce 8.42%	64,474	0.04
☰	CNI - Canadian Natl Railway Co.	Reduce 9.06%	422,025	1.28
☰	SABR - Sabre Corp.	Reduce 9.11%	366,943	0.05
☰	TSM - Taiwan Semiconductor S.A.	Reduce 9.22%	310,791	0.60
☰	PBR/A - Petroleo Brasileiro SA	Reduce 9.39%	410,887	0.13
☰	SNY - Sanofi Aventis	Reduce 12.85%	59,610	0.06
☰	AVGO - Broadcom Inc.	Reduce 13.01%	5,472	0.07
☰	KOF - Coca-Cola FEMSA S A CV	Reduce 13.26%	19,139	0.03
☰	41IS - Unilever Plc	Reduce 13.45%	68,014	0.08
☰	IBN - ICICI Bank Ltd.	Reduce 15.38%	446,273	0.26
☰	MDLZ - Mondelez International	Reduce 16.29%	148,680	0.23
☰	PKX - Posco Holdings Inc	Reduce 16.53%	27,806	0.03
☰	NVS - Novartis AG	Reduce 17.72%	47,998	0.10
☰	UMC - United Microelectronics Corp	Reduce 17.99%	30,954	0.01
☰	BERY - Berry Global Group Inc	Reduce 18.20%	240,042	0.31
☰	BKNG - Booking Holdings Inc.	Reduce 20.03%	197,275	0.36
☰	TTEN - Totalenergies Se	Reduce 21.48%	45,369	0.06
☰	FISV - Fiserv Inc.	Reduce 22.29%	185,745	0.49
☰	BTI - British American Tobacco plc	Reduce 31.11%	83,624	0.08
☰	G - Genpact Ltd.	Reduce 31.36%	670,341	0.82
☰	ING - ING Group NV	Reduce 32.68%	618,388	0.15
☰	BIDU - Baidu Inc.	Reduce 37.29%	66,919	0.22
☰	VEA - Vanguard FTSE Developed ETF	Reduce 38.48%	139,998	0.14
☰	WFC - Wells Fargo	Reduce 39.81%	431,673	0.49
☰	LVS - Las Vegas Sands Corp.	Reduce 42.51%	957,072	1.01
☰	MT - ArcelorMittal	Reduce 43.23%	85,810	0.05
☰	LDOS - Leidos Holdings	Reduce 49.10%	314,029	0.77
☰	INFY - Infosys Ltd.	Reduce 49.61%	1,003,612	0.48
☰	INDA - iShares MSCI India ETF	Reduce 50.92%	108,381	0.12
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 57.77%	686,905	0.79
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 59.68%	21,584	0.03
☰	VALE - Vale SA	Reduce 98.04%	2,559,313	0.95
☰	EFA - iShares MSCI EAFE ETF	Reduce 99.54%	4,249,856	6.67
☰	73HK - Ryanair Hldgs Plc	Sell 100.00%	7,633,572	12.49
☰	EFV - Ishares Msci Eafe Value Etf	Sell 100.00%	4,197,000	4.53
☰	6683 - General Electric Co	Sell 100.00%	626,353	1.09
☰	FXI - Ishares China Large-Cap Etf	Sell 100.00%	738,612	0.54
☰	KWEB - KraneShares CSI China Internet ETF	Sell 100.00%	778,936	0.54
☰	EWY - iShares MSCI South Korea ETF	Sell 100.00%	263,224	0.35
☰	CIB - Grupo Cibest SA ADR	Sell 100.00%	186,412	0.13
☰	URTH - Ishares Msci World Etf	Sell 100.00%	17,186	0.05
☰	NTES - NetEase.com Inc.	Sell 100.00%	13,177	0.03
☰	SPY - SPDR S&P 500 ETF Trust	Sell 100.00%	2,519	0.03
☰	ACWI - iShares MSCI ACWI ETF	Sell 100.00%	9,549	0.02
☰	TCOM - Trip.com Group Ltd	Sell 100.00%	8,892	0.01
	Q3 2022
☰	EFA - iShares MSCI EAFE ETF	Add 20,236.53%	4,248,458	6.67
☰	GOOG - Alphabet Inc. CL C	Add 1,672.69%	620,737	1.67
☰	KOF - Coca-Cola FEMSA S A CV	Add 142.57%	84,850	0.14
☰	PDD - Pinduoduo Inc.	Add 129.37%	282,753	0.50
☰	RDY - Dr Reddys Labs Ltd	Add 81.93%	38,716	0.06
☰	TTM-OLD - Tata Mtrs Ltd	Add 43.94%	108,516	0.07
☰	BABA - Alibaba Group Holdings	Add 21.00%	175,324	0.39
☰	PHG - Koninklijke Philips Electronics NV	Add 20.85%	129,852	0.06
☰	ING - ING Group NV	Add 17.30%	279,047	0.07
☰	JD - JD.com Inc.	Add 17.14%	81,814	0.12
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 15.53%	159,891	0.18
☰	PUK - Prudential Plc ADR	Add 14.32%	158,786	0.09
☰	73HK - Ryanair Hldgs Plc	Add 13.15%	887,227	1.45
☰	WRK - Westrock Co	Add 10.59%	124,796	0.11
☰	VALE - Vale SA	Add 9.13%	218,395	0.08
☰	HDB - HDFC Bank Ltd.	Add 2.68%	4,083	0.01
☰	JLL - Jones Lang Lasalle Inc.	Add 2.40%	2,997	0.01
☰	BIDU - Baidu Inc.	Add 2.13%	3,739	0.01
☰	META - Meta Platforms Inc.	Add 1.31%	4,221	0.02
☰	DQ - Daqo New Energy Corp	Add 1.08%	8,767	0.01
☰	EFV - Ishares Msci Eafe Value Etf	Buy	4,197,000	4.53
☰	FXI - Ishares China Large-Cap Etf	Buy	738,612	0.54
☰	KWEB - KraneShares CSI China Internet ETF	Buy	778,936	0.54
☰	ASHR - Xtrackers Harvest Csi 300 China A-Shares Etf	Buy	681,296	0.52
☰	AVTR - Avantor Inc.	Buy	939,344	0.52
☰	TME - Tencent Music Entertainment Group	Buy	3,417,205	0.39
☰	EWY - iShares MSCI South Korea ETF	Buy	263,224	0.35
☰	RIO - Rio Tinto Group	Buy	155,532	0.24
☰	BUD - Anheuser-Busch InBev	Buy	131,098	0.17
☰	MT - ArcelorMittal	Buy	198,482	0.11
☰	VIPS - Vipshop Holdings	Buy	460,500	0.11
☰	MOMO - Hello Group Inc	Buy	424,876	0.05
☰	URTH - Ishares Msci World Etf	Buy	17,186	0.05
☰	SPY - SPDR S&P 500 ETF Trust	Buy	2,519	0.03
☰	C - Citigroup Inc.	Reduce 0.82%	8,404	0.01
☰	QFIN - Qifu Technology Inc.	Reduce 1.07%	21,141	0.01
☰	TSM - Taiwan Semiconductor S.A.	Reduce 1.28%	43,764	0.09
☰	PKX - Posco Holdings Inc	Reduce 1.58%	2,705	0.00
☰	CNXC - Concentrix Corp.	Reduce 4.06%	27,095	0.09
☰	SAP - SAP SE	Reduce 4.77%	14,018	0.32
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 5.05%	76,118	0.03
☰	BCS - Barclays plc ADR	Reduce 5.24%	133,182	0.03
☰	AVGO - Broadcom Inc.	Reduce 6.49%	2,921	0.04
☰	SNY - Sanofi Aventis	Reduce 6.57%	32,614	0.04
☰	RELX - RELX plc	Reduce 6.69%	54,859	0.04
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 7.81%	146,589	0.02
☰	CNI - Canadian Natl Railway Co.	Reduce 8.10%	410,583	1.15
☰	AZN - AstraZeneca PLC	Reduce 8.77%	14,642	0.05
☰	IBN - ICICI Bank Ltd.	Reduce 8.97%	285,904	0.13
☰	BKNG - Booking Holdings Inc.	Reduce 9.42%	102,425	0.18
☰	ZBH - Zimmer Biomet Holdings	Reduce 11.99%	62,564	0.16
☰	WFC - Wells Fargo	Reduce 12.30%	152,024	0.15
☰	DIS - Walt Disney Co.	Reduce 12.38%	89,718	0.21
☰	MDLZ - Mondelez International	Reduce 12.97%	135,963	0.21
☰	CIB - Grupo Cibest SA ADR	Reduce 13.06%	28,002	0.02
☰	NVS - Novartis AG	Reduce 13.29%	41,511	0.09
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 13.47%	681,198	0.18
☰	SNX - SYNNEX Corp.	Reduce 13.63%	60,738	0.14
☰	41IS - Unilever Plc	Reduce 14.90%	88,529	0.10
☰	LVS - Las Vegas Sands Corp.	Reduce 18.03%	495,402	0.41
☰	BTI - British American Tobacco plc	Reduce 18.67%	61,716	0.07
☰	G - Genpact Ltd.	Reduce 19.55%	519,427	0.55
☰	LDOS - Leidos Holdings	Reduce 20.11%	161,035	0.40
☰	BERY - Berry Global Group Inc	Reduce 23.20%	398,244	0.54
☰	TTEN - Totalenergies Se	Reduce 28.36%	83,597	0.11
☰	ACWI - iShares MSCI ACWI ETF	Reduce 28.69%	3,842	0.01
☰	GSK - GSK plc	Reduce 28.90%	74,619	0.08
☰	VEA - Vanguard FTSE Developed ETF	Reduce 28.91%	147,973	0.15
☰	CARR - Carrier Global Corp.	Reduce 31.04%	667,564	0.59
☰	FISV - Fiserv Inc.	Reduce 33.18%	413,668	0.92
☰	BP - BP plc	Reduce 33.32%	165,464	0.12
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 34.29%	18,876	0.02
☰	INDA - iShares MSCI India ETF	Reduce 38.41%	132,735	0.13
☰	6683 - General Electric Co	Reduce 44.65%	505,251	0.80
☰	INFY - Infosys Ltd.	Reduce 45.05%	1,658,463	0.77
☰	SABR - Sabre Corp.	Reduce 56.05%	5,137,126	0.75
☰	WIT - Wipro Ltd ADR	Reduce 74.51%	956,451	0.13
☰	NTES - NetEase.com Inc.	Reduce 75.23%	40,010	0.09
☰	WM - Waste Management Inc.	Sell 100.00%	349,972	1.34
☰	ESNT - Essent Group Ltd	Sell 100.00%	1,314,173	1.28
☰	SHEL - Shell plc	Sell 100.00%	191,452	0.25
☰	CSN - Credit Suisse Group	Sell 100.00%	1,347,695	0.19
☰	BBVA - Banco Bilbao Vizcaya Argenta	Sell 100.00%	1,506,786	0.17
☰	ZIM - ZIM Integrated Shipping Services	Sell 100.00%	114,397	0.13
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Sell 100.00%	32,794	0.08
☰	FMX - Fomento Economico Mexicano	Sell 100.00%	30,578	0.05
☰	SNPTY - China Pete & Chem Corp	Sell 100.00%	30,140	0.03
☰	ASH - Ashland Global Holdings Inc.	Sell 100.00%	2,135	0.01
☰	MSFT - Microsoft Corp.	Sell 100.00%	941	0.01
☰	SCZ - Ishares Msci Eafe Small Cap	Sell 100.00%	7,800	0.01
☰	VEU - Vanguard FTSE All World ex US ETF	Sell 100.00%	5,346	0.01
	Q2 2022
☰	BIDU - Baidu Inc.	Add 462.73%	144,474	0.53
☰	CIB - Grupo Cibest SA ADR	Add 359.13%	167,714	0.13
☰	PHG - Koninklijke Philips Electronics NV	Add 142.26%	365,774	0.19
☰	CNI - Canadian Natl Railway Co.	Add 97.10%	2,497,774	7.01
☰	CARR - Carrier Global Corp.	Add 72.61%	904,773	0.80
☰	DQ - Daqo New Energy Corp	Add 70.79%	336,364	0.60
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 59.19%	12,194	0.03
☰	BBVA - Banco Bilbao Vizcaya Argenta	Add 33.26%	376,039	0.04
☰	BCS - Barclays plc ADR	Add 30.32%	591,410	0.11
☰	6683 - General Electric Co	Add 29.90%	260,488	0.41
☰	ZIM - ZIM Integrated Shipping Services	Add 27.96%	24,999	0.03
☰	41IS - Unilever Plc	Add 22.61%	109,561	0.13
☰	PUK - Prudential Plc ADR	Add 20.51%	188,771	0.12
☰	RELX - RELX plc	Add 18.40%	127,488	0.09
☰	C - Citigroup Inc.	Add 15.35%	136,699	0.16
☰	DIS - Walt Disney Co.	Add 10.66%	69,807	0.16
☰	CNXC - Concentrix Corp.	Add 10.21%	61,840	0.21
☰	SABR - Sabre Corp.	Add 9.22%	773,468	0.11
☰	LVS - Las Vegas Sands Corp.	Add 7.72%	196,787	0.16
☰	SAP - SAP SE	Add 7.69%	21,013	0.48
☰	73HK - Ryanair Hldgs Plc	Add 6.93%	437,150	0.73
☰	QFIN - Qifu Technology Inc.	Add 4.91%	92,628	0.04
☰	BERY - Berry Global Group Inc	Add 1.41%	23,894	0.03
☰	ING - ING Group NV	Add 1.31%	20,802	0.01
☰	WFC - Wells Fargo	Buy	1,236,279	1.21
☰	VALE - Vale SA	Buy	2,392,131	0.87
☰	JLL - Jones Lang Lasalle Inc.	Buy	124,715	0.54
☰	VEA - Vanguard FTSE Developed ETF	Buy	511,822	0.52
☰	PDD - Pinduoduo Inc.	Buy	218,559	0.34
☰	GSK - GSK plc	Buy	258,163	0.28
☰	NTES - NetEase.com Inc.	Buy	53,187	0.12
☰	KOF - Coca-Cola FEMSA S A CV	Buy	59,514	0.08
☰	FMX - Fomento Economico Mexicano	Buy	30,578	0.05
☰	ACWI - iShares MSCI ACWI ETF	Buy	13,391	0.03
☰	SCZ - Ishares Msci Eafe Small Cap	Buy	7,800	0.01
☰	VEU - Vanguard FTSE All World ex US ETF	Buy	5,346	0.01
☰	SNX - SYNNEX Corp.	Reduce 0.55%	2,479	0.01
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 0.75%	38,077	0.01
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 1.18%	12,257	0.01
☰	MSFT - Microsoft Corp.	Reduce 1.77%	17	0.00
☰	G - Genpact Ltd.	Reduce 2.71%	73,884	0.08
☰	BABA - Alibaba Group Holdings	Reduce 3.53%	30,523	0.08
☰	ASH - Ashland Global Holdings Inc.	Reduce 4.13%	92	0.00
☰	MDLZ - Mondelez International	Reduce 4.23%	46,252	0.07
☰	META - Meta Platforms Inc.	Reduce 4.99%	16,921	0.09
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 5.20%	102,908	0.02
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 5.89%	94,223	0.03
☰	ZBH - Zimmer Biomet Holdings	Reduce 6.19%	34,425	0.11
☰	TSM - Taiwan Semiconductor S.A.	Reduce 6.31%	229,821	0.57
☰	PKX - Posco Holdings Inc	Reduce 6.89%	12,643	0.02
☰	HDB - HDFC Bank Ltd.	Reduce 7.27%	11,946	0.02
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 8.03%	21,556	0.01
☰	FISV - Fiserv Inc.	Reduce 9.17%	125,827	0.31
☰	JD - JD.com Inc.	Reduce 11.82%	64,001	0.09
☰	BKNG - Booking Holdings Inc.	Reduce 14.19%	179,800	0.40
☰	CSN - Credit Suisse Group	Reduce 14.37%	226,161	0.04
☰	LDOS - Leidos Holdings	Reduce 16.76%	161,173	0.42
☰	WIT - Wipro Ltd ADR	Reduce 17.58%	273,715	0.05
☰	AZN - AstraZeneca PLC	Reduce 18.19%	37,129	0.12
☰	SNY - Sanofi Aventis	Reduce 18.60%	113,502	0.14
☰	BTI - British American Tobacco plc	Reduce 19.76%	81,380	0.08
☰	IBN - ICICI Bank Ltd.	Reduce 19.76%	784,725	0.36
☰	NVS - Novartis AG	Reduce 20.27%	79,421	0.17
☰	INDA - iShares MSCI India ETF	Reduce 22.29%	99,149	0.10
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 24.92%	18,267	0.02
☰	WM - Waste Management Inc.	Reduce 27.15%	130,460	0.49
☰	INFY - Infosys Ltd.	Reduce 29.10%	1,511,252	0.90
☰	RDY - Dr Reddys Labs Ltd	Reduce 32.26%	22,505	0.03
☰	GOOG - Alphabet Inc. CL C	Reduce 33.25%	18,487	1.23
☰	AVGO - Broadcom Inc.	Reduce 33.68%	22,840	0.34
☰	ESNT - Essent Group Ltd	Reduce 36.53%	756,257	0.75
☰	WRK - Westrock Co	Reduce 43.23%	897,400	1.01
☰	BP - BP plc	Reduce 55.32%	614,789	0.43
☰	TTEN - Totalenergies Se	Reduce 58.53%	416,091	0.50
☰	SHEL - Shell plc	Reduce 69.21%	430,435	0.57
☰	EFA - iShares MSCI EAFE ETF	Reduce 69.40%	47,606	0.08
☰	ASHR - Dbx Etf Tr	Sell 100.00%	719,923	0.57
☰	AP47 - Glaxosmithkline Plc	Sell 100.00%	258,378	0.27
☰	FINV - Finvolution Group ADR	Sell 100.00%	1,413,070	0.13
☰	EFV - Ishares Tr	Sell 100.00%	94,753	0.11
☰	CPG - Crescent Pt Energy Corp	Sell 100.00%	526,000	0.09
☰	MT - ArcelorMittal	Sell 100.00%	70,120	0.05
☰	CLS - Celestica Inc	Sell 100.00%	123,305	0.04
	Q1 2022
☰	DQ - Daqo New Energy Corp	Add 175.46%	302,643	0.30
☰	ING - ING Group NV	Add 153.31%	963,759	0.24
☰	ZIM - ZIM Integrated Shipping Services	Add 135.26%	51,398	0.09
☰	ZBH - Zimmer Biomet Holdings	Add 129.96%	314,335	0.96
☰	RELX - RELX plc	Add 78.82%	305,393	0.22
☰	LDOS - Leidos Holdings	Add 69.86%	395,558	1.02
☰	AP47 - Glaxosmithkline Plc	Add 44.71%	79,832	0.08
☰	PUK - Prudential Plc ADR	Add 43.04%	276,933	0.20
☰	CNI - Canadian Natl Railway Co.	Add 42.95%	772,817	2.48
☰	BCS - Barclays plc ADR	Add 31.66%	469,107	0.09
☰	73HK - Ryanair Hldgs Plc	Add 25.74%	1,291,742	2.69
☰	AZN - AstraZeneca PLC	Add 23.51%	38,841	0.12
☰	BERY - Berry Global Group Inc	Add 22.40%	309,773	0.43
☰	TTM-OLD - Tata Mtrs Ltd	Add 22.27%	48,912	0.03
☰	CNXC - Concentrix Corp.	Add 22.10%	109,600	0.44
☰	QFIN - Qifu Technology Inc.	Add 19.32%	305,679	0.11
☰	41IS - Unilever Plc	Add 18.37%	75,226	0.08
☰	FISV - Fiserv Inc.	Add 17.49%	204,350	0.50
☰	SAP - SAP SE	Add 11.88%	28,998	0.08
☰	G - Genpact Ltd.	Add 11.67%	285,296	0.30
☰	ASHR - Dbx Etf Tr	Add 9.69%	63,586	0.05
☰	CARR - Carrier Global Corp.	Add 9.19%	104,833	0.12
☰	WM - Waste Management Inc.	Add 8.26%	36,674	0.14
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 7.24%	344,104	0.11
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 6.09%	91,897	0.03
☰	DIS - Walt Disney Co.	Add 4.56%	28,526	0.09
☰	IBN - ICICI Bank Ltd.	Add 3.71%	141,948	0.06
☰	SNX - SYNNEX Corp.	Add 3.29%	14,279	0.04
☰	WRK - Westrock Co	Add 3.11%	62,706	0.07
☰	GOOG - Alphabet Inc. CL C	Add 3.01%	1,626	0.11
☰	PKX - Posco Holdings Inc	Add 2.98%	5,307	0.01
☰	NVS - Novartis AG	Add 2.56%	9,795	0.02
☰	TTEN - Totalenergies Se	Add 2.56%	17,741	0.02
☰	C - Citigroup Inc.	Add 0.86%	7,597	0.01
☰	MDLZ - Mondelez International	Add 0.61%	6,619	0.01
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 0.41%	4,247	0.00
☰	TSM - Taiwan Semiconductor S.A.	Add 0.29%	10,435	0.03
☰	SHEL - Shell plc	Buy	621,887	0.82
☰	PHG - Koninklijke Philips Electronics NV	Buy	257,116	0.19
☰	EFA - iShares MSCI EAFE ETF	Buy	68,600	0.12
☰	EFV - Ishares Tr	Buy	94,753	0.11
☰	CIB - Grupo Cibest SA ADR	Buy	46,700	0.05
☰	MSFT - Microsoft Corp.	Buy	958	0.01
☰	FINV - Finvolution Group ADR	Reduce 0.05%	687	0.00
☰	RDY - Dr Reddys Labs Ltd	Reduce 0.75%	529	0.00
☰	INFY - Infosys Ltd.	Reduce 0.78%	40,683	0.02
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 1.95%	39,305	0.01
☰	SMIN - iShares MSCI India Small-Cap ETF	Reduce 2.50%	1,876	0.00
☰	SNPTY - China Pete & Chem Corp	Reduce 2.58%	799	0.00
☰	WIT - Wipro Ltd ADR	Reduce 3.12%	50,223	0.01
☰	META - Meta Platforms Inc.	Reduce 3.28%	11,496	0.06
☰	INDA - iShares MSCI India ETF	Reduce 3.40%	15,664	0.02
☰	SNY - Sanofi Aventis	Reduce 4.56%	29,122	0.03
☰	LVS - Las Vegas Sands Corp.	Reduce 5.89%	159,483	0.13
☰	BKNG - Booking Holdings Inc.	Reduce 6.67%	90,550	0.19
☰	CSN - Credit Suisse Group	Reduce 9.92%	173,291	0.04
☰	BP - BP plc	Reduce 10.35%	128,351	0.08
☰	ESNT - Essent Group Ltd	Reduce 12.58%	298,071	0.30
☰	BTI - British American Tobacco plc	Reduce 12.79%	60,394	0.05
☰	BABA - Alibaba Group Holdings	Reduce 17.86%	188,168	0.49
☰	SABR - Sabre Corp.	Reduce 19.81%	2,072,822	0.39
☰	BBVA - Banco Bilbao Vizcaya Argenta	Reduce 23.77%	352,519	0.05
☰	CPG - Crescent Pt Energy Corp	Reduce 28.37%	208,300	0.03
☰	HDB - HDFC Bank Ltd.	Reduce 29.65%	69,279	0.10
☰	JD - JD.com Inc.	Reduce 42.58%	401,473	0.62
☰	6683 - General Electric Co	Reduce 43.22%	663,113	1.38
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 59.70%	30,522	0.08
☰	AVGO - Broadcom Inc.	Reduce 59.98%	101,644	1.49
☰	BIDU - Baidu Inc.	Reduce 62.64%	52,356	0.17
☰	MT - ArcelorMittal	Reduce 75.03%	210,643	0.15
☰	ASH - Ashland Global Holdings Inc.	Reduce 99.63%	603,543	1.42
☰	BAP - Credicorp Ltd.	Sell 100.00%	1,284,148	3.14
☰	SRE - Sempra Energy	Sell 100.00%	336,677	0.98
☰	AMX - America Movil SAb De Cv	Sell 100.00%	1,918,422	0.89
☰	EXC - Exelon Corp	Sell 100.00%	812,407	0.74
☰	RDS.A - Royal Dutch Shell Plc	Sell 100.00%	497,775	0.48
☰	ORCL - Oracle Corp.	Sell 100.00%	233,576	0.45
☰	PDD - Pinduoduo Inc.	Sell 100.00%	116,800	0.15
☰	VALE - Vale SA	Sell 100.00%	441,730	0.14
☰	CX - Cemex	Sell 100.00%	542,301	0.08
☰	INMD - Inmode Ltd	Sell 100.00%	44,577	0.07
☰	AZUL - Azul S.A.	Sell 100.00%	143,375	0.04
☰	ABBNY - Abb Ltd	Sell 100.00%	8,167	0.01
☰	EWM - Ishares Inc	Sell 100.00%	18,804	0.01
	Q4 2021
☰	PDD - Pinduoduo Inc.	Add 374.78%	92,199	0.12
☰	SMIN - iShares MSCI India Small-Cap ETF	Add 324.74%	57,483	0.08
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 169.46%	32,150	0.09
☰	TTM-OLD - Tata Mtrs Ltd	Add 166.10%	137,094	0.09
☰	RDS.A - Royal Dutch Shell Plc	Add 131.26%	282,528	0.27
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 115.67%	556,297	0.39
☰	MDLZ - Mondelez International	Add 75.09%	466,618	0.68
☰	6683 - General Electric Co	Add 53.38%	533,921	1.11
☰	WIT - Wipro Ltd ADR	Add 46.84%	512,805	0.11
☰	INDA - iShares MSCI India ETF	Add 45.83%	144,673	0.14
☰	C - Citigroup Inc.	Add 43.27%	266,625	0.35
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 39.44%	1,343,514	0.30
☰	META - Meta Platforms Inc.	Add 36.09%	93,005	0.46
☰	DIS - Walt Disney Co.	Add 35.76%	164,963	0.56
☰	PUK - Prudential Plc ADR	Add 35.64%	169,055	0.13
☰	SABR - Sabre Corp.	Add 33.02%	2,597,951	0.49
☰	WM - Waste Management Inc.	Add 25.51%	90,188	0.33
☰	BKNG - Booking Holdings Inc.	Add 22.42%	248,675	0.53
☰	WRK - Westrock Co	Add 21.17%	351,794	0.34
☰	LVS - Las Vegas Sands Corp.	Add 19.68%	445,634	0.37
☰	QFIN - Qifu Technology Inc.	Add 19.39%	256,864	0.13
☰	FISV - Fiserv Inc.	Add 18.45%	182,027	0.42
☰	LDOS - Leidos Holdings	Add 18.28%	87,517	0.17
☰	AVGO - Broadcom Inc.	Add 18.02%	25,874	0.38
☰	G - Genpact Ltd.	Add 17.77%	368,947	0.43
☰	ORCL - Oracle Corp.	Add 17.25%	34,367	0.07
☰	CSN - Credit Suisse Group	Add 10.06%	159,677	0.03
☰	SNPTY - China Pete & Chem Corp	Add 9.90%	2,787	0.00
☰	ESNT - Essent Group Ltd	Add 9.75%	210,461	0.21
☰	TCOM - Trip.com Group Ltd	Add 9.53%	774	0.00
☰	GOOG - Alphabet Inc. CL C	Add 7.26%	3,651	0.23
☰	ASHR - Dbx Etf Tr	Add 7.01%	42,972	0.04
☰	BERY - Berry Global Group Inc	Add 4.51%	59,688	0.10
☰	INMD - Inmode Ltd	Add 4.15%	1,777	0.00
☰	BP - BP plc	Add 4.10%	48,788	0.03
☰	73HK - Ryanair Hldgs Plc	Add 3.84%	185,650	0.45
☰	TTEN - Totalenergies Se	Add 3.41%	22,846	0.02
☰	SAP - SAP SE	Add 3.01%	7,126	0.02
☰	BCS - Barclays plc ADR	Add 2.98%	42,837	0.01
☰	MT - ArcelorMittal	Add 2.66%	7,279	0.01
☰	PKX - Posco	Add 0.53%	931	0.00
☰	SNY - Sanofi Aventis	Add 0.52%	3,289	0.00
☰	CARR - Carrier Global Corp.	Add 0.15%	1,704	0.00
☰	CNI - Canadian Natl Railway Co.	Buy	1,799,444	4.37
☰	SNX - SYNNEX Corp.	Buy	433,853	1.09
☰	ZBH - Zimmer Biomet Holdings	Buy	241,863	0.68
☰	AP47 - Glaxosmithkline Plc	Buy	178,546	0.17
☰	DQ - Daqo New Energy Corp	Buy	172,483	0.15
☰	CPG - Crescent Pt Energy Corp	Buy	734,300	0.09
☰	KB - Kb Financial Group Inc ADR	Buy	41,725	0.04
☰	UMC - United Microelectronics Corp	Buy	172,099	0.04
☰	EWM - Ishares Inc	Buy	18,804	0.01
☰	ZIM - ZIM Integrated Shipping Services	Buy	38,000	0.01
☰	AMX - America Movil SAb De Cv	Reduce 3.00%	59,429	0.02
☰	SRE - Sempra Energy	Reduce 3.08%	10,683	0.03
☰	CLS - Celestica Inc	Reduce 3.22%	4,100	0.00
☰	BTI - British American Tobacco plc	Reduce 3.96%	19,491	0.02
☰	AZN - AstraZeneca PLC	Reduce 4.77%	8,269	0.02
☰	NVS - Novartis AG	Reduce 4.77%	19,149	0.04
☰	INFY - Infosys Ltd.	Reduce 6.88%	386,357	0.19
☰	JD - JD.com Inc.	Reduce 8.24%	84,618	0.14
☰	41IS - Unilever Plc	Reduce 9.28%	41,896	0.05
☰	IBN - ICICI Bank Ltd.	Reduce 9.29%	392,384	0.17
☰	EXC - Exelon Corp	Reduce 9.95%	89,739	0.10
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 11.81%	270,396	0.04
☰	TSM - Taiwan Semiconductor S.A.	Reduce 11.81%	486,629	1.22
☰	RDY - Dr Reddys Labs Ltd	Reduce 13.59%	11,053	0.02
☰	CNXC - Concentrix Corp.	Reduce 13.62%	78,226	0.31
☰	RELX - RELX plc	Reduce 15.59%	71,552	0.05
☰	ING - ING Group NV	Reduce 19.28%	150,153	0.05
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 20.86%	397,849	0.15
☰	BAP - Credicorp Ltd.	Reduce 23.10%	385,759	0.96
☰	BBVA - Banco Bilbao Vizcaya Argenta	Reduce 26.96%	547,475	0.08
☰	BABA - Alibaba Group Holdings	Reduce 36.25%	599,087	2.00
☰	ABBNY - Abb Ltd	Reduce 40.47%	5,553	0.00
☰	HDB - HDFC Bank Ltd.	Reduce 43.76%	181,801	0.30
☰	ASH - Ashland Global Holdings Inc.	Reduce 50.08%	607,709	1.22
☰	BIDU - Baidu Inc.	Reduce 78.30%	301,524	1.04
☰	CX - Cemex	Reduce 82.71%	2,593,728	0.42
☰	VALE - Vale SA	Reduce 93.68%	6,546,977	2.05
☰	COP - ConocoPhillips	Sell 100.00%	673,657	1.03
☰	AIZ - Assurant Inc	Sell 100.00%	222,757	0.79
☰	YUMC - Yum China Holdings Inc.	Sell 100.00%	531,375	0.70
☰	JXN - Jackson Financial Inc.	Sell 100.00%	814,045	0.48
☰	NTES - NetEase.com Inc.	Sell 100.00%	210,383	0.40
☰	VEDL - Vedanta Ltd	Sell 100.00%	861,755	0.30
☰	MELI - Mercadolibre Inc.	Sell 100.00%	7,431	0.28
☰	EWT - Ishares Msci Taiwan ETF	Sell 100.00%	30,307	0.04
☰	MOMO - Hello Group Inc	Sell 100.00%	162,700	0.04
	Q3 2021
☰	MELI - Mercadolibre Inc.	Add 133.68%	4,251	0.16
☰	AZN - AstraZeneca PLC	Add 104.39%	88,614	0.24
☰	QFIN - Qifu Technology Inc.	Add 90.31%	628,784	0.29
☰	BERY - Berry Global Group Inc	Add 82.67%	598,977	0.82
☰	LVS - Las Vegas Sands Corp.	Add 71.57%	944,453	0.78
☰	WIT - Wipro Ltd ADR	Add 62.74%	422,038	0.08
☰	BAP - Credicorp Ltd.	Add 43.96%	509,937	1.27
☰	BP - BP plc	Add 42.83%	357,126	0.22
☰	WRK - Westrock Co	Add 35.72%	437,319	0.49
☰	VEDL - Vedanta Ltd	Add 32.98%	213,731	0.07
☰	73HK - Ryanair Hldgs Plc	Add 28.66%	1,076,263	2.67
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 22.85%	89,472	0.08
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 16.62%	485,432	0.11
☰	PUK - Prudential Plc ADR	Add 14.84%	61,281	0.05
☰	41IS - Unilever Plc	Add 10.98%	44,662	0.05
☰	META - Meta Platforms Inc.	Add 9.11%	21,510	0.16
☰	SNPTY - China Pete & Chem Corp	Add 8.43%	2,188	0.00
☰	CSN - Credit Suisse Group	Add 4.61%	69,915	0.02
☰	TTEN - Total S A	Add 1.89%	12,457	0.01
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 0.37%	8,329	0.00
☰	BTI - British American Tobacco plc	Add 0.13%	634	0.00
☰	INDA - iShares MSCI India ETF	Add 0.03%	94	0.00
☰	6683 - General Electric Co	Buy	1,000,308	2.32
☰	AMX - America Movil SAb De Cv	Buy	1,977,851	0.79
☰	CX - Cemex	Buy	3,136,029	0.51
☰	JXN - Jackson Financial Inc.	Buy	814,045	0.48
☰	RDS.A - Royal Dutch Shell Plc	Buy	215,247	0.22
☰	INMD - Inmode Ltd	Buy	42,800	0.08
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Buy	18,972	0.06
☰	PDD - Pinduoduo Inc.	Buy	24,601	0.05
☰	EWT - Ishares Msci Taiwan ETF	Buy	30,307	0.04
☰	SMIN - iShares MSCI India Small-Cap ETF	Buy	17,701	0.02
☰	SAP - SAP SE	Reduce 0.17%	394	0.00
☰	INFY - Infosys Ltd.	Reduce 1.81%	103,800	0.04
☰	VALE - Vale SA	Reduce 2.02%	143,819	0.07
☰	G - Genpact Ltd.	Reduce 3.49%	75,025	0.07
☰	SRE - Sempra Energy	Reduce 3.79%	13,680	0.04
☰	TSM - Taiwan Semiconductor S.A.	Reduce 3.93%	168,364	0.41
☰	ESNT - Essent Group Ltd	Reduce 4.35%	98,066	0.09
☰	FISV - Fiserv Inc.	Reduce 4.37%	45,052	0.10
☰	BKNG - Booking Holdings Inc.	Reduce 4.82%	56,225	0.10
☰	BABA - Alibaba Group Holdings	Reduce 5.03%	87,551	0.41
☰	WM - Waste Management Inc.	Reduce 5.03%	18,731	0.05
☰	BCS - Barclays plc ADR	Reduce 5.48%	83,462	0.02
☰	NVS - Novartis AG	Reduce 6.06%	25,866	0.05
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 6.12%	124,266	0.04
☰	SNY - Sanofi Aventis	Reduce 7.39%	50,781	0.05
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 7.58%	6,766	0.00
☰	SABR - Sabre Corp.	Reduce 7.96%	680,011	0.17
☰	ASH - Ashland Global Holdings Inc.	Reduce 8.52%	112,992	0.20
☰	IBN - ICICI Bank Ltd.	Reduce 9.63%	449,944	0.16
☰	ASHR - Dbx Etf Tr	Reduce 10.99%	75,713	0.06
☰	CLS - Celestica Inc	Reduce 11.22%	16,100	0.00
☰	CNXC - Concentrix Corp.	Reduce 12.51%	82,115	0.28
☰	ING - ING Group NV	Reduce 14.00%	126,761	0.03
☰	DIS - Walt Disney Co.	Reduce 14.68%	79,384	0.29
☰	COP - ConocoPhillips	Reduce 14.70%	116,057	0.14
☰	LDOS - Leidos Holdings	Reduce 14.93%	84,013	0.17
☰	HDB - HDFC Bank Ltd.	Reduce 15.44%	75,845	0.11
☰	C - Citigroup Inc.	Reduce 18.84%	143,011	0.21
☰	PKX - Posco	Reduce 19.46%	42,845	0.07
☰	GOOG - Alphabet Inc. CL C	Reduce 21.38%	13,683	0.70
☰	YUMC - Yum China Holdings Inc.	Reduce 23.59%	164,072	0.22
☰	BBVA - Banco Bilbao Vizcaya Argenta	Reduce 24.32%	652,473	0.08
☰	RELX - RELX plc	Reduce 26.55%	165,882	0.09
☰	MT - ArcelorMittal	Reduce 27.30%	102,689	0.07
☰	BIDU - Baidu Inc.	Reduce 27.59%	146,706	0.61
☰	FINV - Finvolution Group ADR	Reduce 29.67%	596,504	0.12
☰	AVGO - Broadcom Inc.	Reduce 30.94%	64,346	0.63
☰	CARR - Carrier Global Corp.	Reduce 30.95%	510,757	0.51
☰	AIZ - Assurant Inc	Reduce 33.47%	112,066	0.36
☰	JD - JD.com Inc.	Reduce 33.71%	522,419	0.85
☰	MDLZ - Mondelez International	Reduce 37.24%	368,707	0.47
☰	RDY - Dr Reddys Labs Ltd	Reduce 50.12%	81,719	0.13
☰	EXC - Exelon Corp	Reduce 50.55%	922,100	0.83
☰	NTES - NetEase.com Inc.	Reduce 61.05%	329,804	0.78
☰	ORCL - Oracle Corp.	Reduce 72.21%	517,718	0.82
☰	ABBNY - Abb Ltd	Reduce 96.11%	339,195	0.24
☰	HRC - Hill Rom Hldgs Inc	Sell 100.00%	433,464	1.01
☰	ARE - Alexandria RE Equities Inc.	Sell 100.00%	249,493	0.93
☰	DGX - Quest Diagnostics	Sell 100.00%	305,502	0.83
☰	VIPS - Vipshop Holdings	Sell 100.00%	1,125,418	0.46
☰	VIV - Telefonica Brasil SA	Sell 100.00%	226,062	0.04
☰	SKM - Sk Telecom Ltd	Sell 100.00%	7,293	0.00
	Q2 2021
☰	MELI - Mercadolibre Inc.	Add 909.52%	2,865	0.09
☰	FINV - Finvolution Group ADR	Add 825.71%	1,793,103	0.35
☰	WM - Waste Management Inc.	Add 224.83%	257,687	0.74
☰	CLS - Celestica Inc	Add 71.25%	59,705	0.01
☰	QFIN - Qifu Technology Inc.	Add 70.99%	289,049	0.24
☰	MT - ArcelorMittal	Add 65.28%	148,574	0.09
☰	CSN - Credit Suisse Group	Add 48.43%	495,147	0.11
☰	RELX - RELX plc	Add 32.93%	154,789	0.08
☰	WIT - Wipro Ltd ADR	Add 28.57%	149,481	0.02
☰	41IS - Unilever Plc	Add 22.41%	74,440	0.09
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 21.38%	357,809	0.12
☰	FISV - Fiserv Inc.	Add 20.41%	174,840	0.38
☰	WRK - Westrock Co	Add 19.74%	201,781	0.22
☰	SAP - SAP SE	Add 13.70%	28,596	0.08
☰	HRC - Hill Rom Hldgs Inc	Add 13.19%	50,504	0.12
☰	MDLZ - Mondelez International	Add 10.38%	93,081	0.12
☰	SABR - Sabre Corp.	Add 9.48%	739,843	0.19
☰	LVS - Las Vegas Sands Corp.	Add 8.69%	105,490	0.11
☰	SNY - Sanofi Aventis	Add 8.16%	51,841	0.06
☰	NVS - Novartis AG	Add 7.46%	29,624	0.06
☰	TTEN - Total S A	Add 2.04%	13,143	0.01
☰	PUK - Prudential Plc ADR	Add 1.90%	7,707	0.01
☰	BP - BP plc	Add 1.78%	14,558	0.01
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 1.66%	37,204	0.01
☰	YUMC - Yum China Holdings Inc.	Add 1.48%	10,148	0.01
☰	RDY - Dr Reddys Labs Ltd	Add 0.76%	1,230	0.00
☰	BAP - Credicorp Ltd.	Buy	1,159,970	2.88
☰	META - Meta Platforms Inc.	Buy	236,190	1.68
☰	AIZ - Assurant Inc	Buy	334,823	1.07
☰	BERY - Berry Global Group Inc	Buy	724,541	0.97
☰	AZN - AstraZeneca PLC	Buy	84,891	0.21
☰	G - Genpact Ltd.	Reduce 0.23%	4,873	0.00
☰	BKNG - Booking Holdings Inc.	Reduce 0.41%	4,775	0.01
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 1.69%	6,723	0.00
☰	TCOM - Trip.com Group Ltd	Reduce 3.36%	282	0.00
☰	ASHR - Dbx Etf Tr	Reduce 4.34%	31,243	0.02
☰	DGX - Quest Diagnostics	Reduce 4.40%	14,070	0.04
☰	ASH - Ashland Global Holdings Inc.	Reduce 4.41%	61,124	0.11
☰	DIS - Walt Disney Co.	Reduce 4.85%	27,528	0.10
☰	CARR - Carrier Global Corp.	Reduce 5.80%	101,637	0.08
☰	EXC - Exelon Corp	Reduce 7.48%	147,524	0.13
☰	BBVA - Banco Bilbao Vizcaya Argenta	Reduce 8.47%	248,180	0.03
☰	SRE - Sempra Energy	Reduce 8.90%	35,270	0.09
☰	TSM - Taiwan Semiconductor S.A.	Reduce 9.52%	451,133	1.06
☰	CNXC - Concentrix Corp.	Reduce 9.80%	71,338	0.21
☰	AVGO - Broadcom Inc.	Reduce 9.93%	22,933	0.21
☰	BABA - Alibaba Group Holdings	Reduce 10.41%	202,153	0.91
☰	ESNT - Essent Group Ltd	Reduce 10.94%	277,195	0.26
☰	GOOG - Alphabet Inc. CL C	Reduce 11.42%	8,255	0.34
☰	VEDL - Vedanta Ltd	Reduce 12.13%	89,421	0.02
☰	INFY - Infosys Ltd.	Reduce 12.48%	816,132	0.30
☰	BTI - British American Tobacco plc	Reduce 12.72%	71,609	0.05
☰	INDA - iShares MSCI India ETF	Reduce 12.74%	46,072	0.04
☰	PKX - Posco	Reduce 13.02%	32,945	0.05
☰	73HK - Ryanair Hldgs Plc	Reduce 13.27%	574,560	1.31
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 13.29%	447,718	0.08
☰	VALE - Vale SA	Reduce 14.03%	1,164,325	0.40
☰	NTES - NetEase.com Inc.	Reduce 14.47%	91,416	0.19
☰	BCS - Barclays plc ADR	Reduce 14.60%	260,274	0.05
☰	JD - JD.com Inc.	Reduce 14.84%	270,075	0.45
☰	HDB - HDFC Bank Ltd.	Reduce 18.37%	110,580	0.17
☰	IBN - ICICI Bank Ltd.	Reduce 18.55%	1,064,014	0.34
☰	ARE - Alexandria RE Equities Inc.	Reduce 19.25%	59,462	0.19
☰	VIPS - Vipshop Holdings	Reduce 19.54%	273,291	0.16
☰	ORCL - Oracle Corp.	Reduce 21.99%	202,120	0.28
☰	C - Citigroup Inc.	Reduce 22.40%	219,172	0.32
☰	ABBNY - Abb Ltd	Reduce 24.23%	112,859	0.07
☰	COP - ConocoPhillips	Reduce 36.11%	446,323	0.47
☰	LDOS - Leidos Holdings	Reduce 43.83%	439,163	0.84
☰	BIDU - Baidu Inc.	Reduce 44.93%	433,810	1.87
☰	ING - ING Group NV	Reduce 54.45%	1,082,504	0.26
☰	JLL - Jones Lang Lasalle Inc.	Sell 100.00%	303,206	1.08
☰	AFL - AFLAC Inc.	Sell 100.00%	803,301	0.81
☰	RGA - Reinsurance Group of America Inc.	Sell 100.00%	309,956	0.77
☰	SPR - Spirit Aerosystems Hldgs Inc	Sell 100.00%	541,634	0.52
☰	JOYY - JOYY Inc.	Sell 100.00%	31,248	0.06
☰	DQ - Daqo New Energy Corp	Sell 100.00%	15,345	0.02
☰	ZTO - ZTO Express	Sell 100.00%	3,900	0.00
☰	HTHT - H World Group Ltd ADR	Sell 100.00%	2,000	0.00
☰	ATHM - Autohome Inc	Sell 100.00%	800	0.00
	Q1 2021
☰	CSN - Credit Suisse Group	Add 497.96%	851,425	0.18
☰	SAP - SAP SE	Add 87.51%	97,441	0.24
☰	ESNT - Essent Group Ltd	Add 77.80%	1,108,485	1.04
☰	CARR - Carrier Global Corp.	Add 75.21%	752,041	0.63
☰	BP - BP plc	Add 72.46%	344,179	0.17
☰	TTEN - Total S A	Add 70.64%	266,887	0.24
☰	G - Genpact Ltd.	Add 59.44%	803,966	0.68
☰	SNY - Sanofi Aventis	Add 41.23%	185,370	0.18
☰	ARE - Alexandria RE Equities Inc.	Add 37.93%	84,954	0.28
☰	BKNG - Booking Holdings Inc.	Add 35.12%	304,175	0.56
☰	AVGO - Broadcom Inc.	Add 32.83%	57,058	0.52
☰	FISV - Fiserv Inc.	Add 31.53%	205,308	0.48
☰	NVS - Novartis AG	Add 30.03%	91,780	0.15
☰	GOOG - Alphabet Inc. CL C	Add 29.91%	16,638	0.68
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 28.86%	89,173	0.06
☰	EXC - Exelon Corp	Add 28.48%	437,029	0.38
☰	SNPTY - China Pete & Chem Corp	Add 15.35%	3,456	0.00
☰	ASHR - Dbx Etf Tr	Add 8.93%	59,027	0.05
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 8.37%	129,284	0.05
☰	PUK - Prudential Plc ADR	Add 7.32%	27,658	0.02
☰	VEDL - Vedanta Ltd	Add 6.76%	46,696	0.01
☰	LDOS - Leidos Holdings	Add 6.12%	57,766	0.11
☰	LVS - Las Vegas Sands Corp.	Add 5.88%	67,410	0.08
☰	DIS - Walt Disney Co.	Add 3.61%	19,815	0.07
☰	VIPS - Vipshop Holdings	Add 3.60%	48,640	0.03
☰	ASH - Ashland Global Holdings Inc.	Add 2.75%	37,176	0.07
☰	BTI - British American Tobacco plc	Add 2.61%	14,303	0.01
☰	HDB - HDFC Bank Ltd.	Add 2.51%	14,723	0.02
☰	ORCL - Oracle Corp.	Add 2.19%	19,666	0.03
☰	SABR - Sabre Corp.	Add 1.91%	146,321	0.04
☰	HRC - Hill Rom Hldgs Inc	Add 1.08%	4,087	0.01
☰	WIT - Wipro Ltd ADR	Add 0.41%	2,133	0.00
☰	WRK - Westrock Co	Buy	1,022,409	1.05
☰	MDLZ - Mondelez International	Buy	897,066	1.04
☰	SRE - Sempra Energy	Buy	396,310	1.04
☰	DGX - Quest Diagnostics	Buy	319,572	0.81
☰	41IS - Unilever Plc	Buy	332,195	0.37
☰	WM - Waste Management Inc.	Buy	114,614	0.29
☰	RELX - RELX plc	Buy	470,100	0.23
☰	FINV - Finvolution Group ADR	Buy	217,158	0.03
☰	TCOM - Trip.com Group Ltd	Buy	8,400	0.01
☰	ATHM - Autohome Inc	Buy	800	0.00
☰	HTHT - H World Group Ltd ADR	Buy	2,000	0.00
☰	ZTO - ZTO Express	Buy	3,900	0.00
☰	INFY - Infosys Ltd.	Reduce 0.19%	12,312	0.00
☰	CLS - Celestica Inc	Reduce 1.41%	1,200	0.00
☰	JD - JD.com Inc.	Reduce 2.84%	53,253	0.09
☰	VALE - Vale SA	Reduce 3.20%	274,695	0.09
☰	IBN - ICICI Bank Ltd.	Reduce 4.27%	255,716	0.07
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 4.41%	103,433	0.01
☰	CNXC - Concentrix Corp.	Reduce 6.05%	46,891	0.09
☰	TSM - Taiwan Semiconductor S.A.	Reduce 6.37%	322,234	0.67
☰	PKX - Posco	Reduce 6.41%	17,326	0.02
☰	BABA - Alibaba Group Holdings	Reduce 6.85%	142,844	0.63
☰	INDA - iShares MSCI India ETF	Reduce 10.53%	42,586	0.03
☰	73HK - Ryanair Hldgs Plc	Reduce 13.25%	661,656	1.39
☰	RDY - Dr Reddys Labs Ltd	Reduce 16.71%	32,477	0.04
☰	JLL - Jones Lang Lasalle Inc.	Reduce 17.41%	63,916	0.18
☰	COP - ConocoPhillips	Reduce 19.01%	290,178	0.22
☰	C - Citigroup Inc.	Reduce 19.82%	241,827	0.28
☰	BCS - Barclays plc ADR	Reduce 23.82%	557,516	0.09
☰	NTES - NetEase.com Inc.	Reduce 25.33%	214,219	0.39
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 26.30%	31,873	0.01
☰	YUMC - Yum China Holdings Inc.	Reduce 28.05%	267,223	0.29
☰	DQ - Daqo New Energy Corp	Reduce 33.72%	7,806	0.01
☰	ING - ING Group NV	Reduce 34.72%	1,057,194	0.19
☰	AFL - AFLAC Inc.	Reduce 34.96%	431,708	0.37
☰	MT - ArcelorMittal	Reduce 36.16%	128,907	0.06
☰	BBVA - Banco Bilbao Vizcaya Argenta	Reduce 38.12%	1,805,771	0.17
☰	MOMO - Momo Inc	Reduce 42.67%	121,100	0.03
☰	SKM - Sk Telecom Ltd	Reduce 43.36%	5,582	0.00
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 43.37%	2,579,796	0.54
☰	ABBNY - Abb Ltd	Reduce 45.31%	385,938	0.20
☰	RGA - Reinsurance Group of America Inc.	Reduce 56.40%	401,022	0.89
☰	SPR - Spirit Aerosystems Hldgs Inc	Reduce 59.03%	780,507	0.58
☰	BIDU - Baidu Inc.	Reduce 65.33%	1,819,425	7.49
☰	JOYY - JOYY Inc.	Reduce 69.23%	70,299	0.10
☰	MELI - Mercadolibre Inc.	Reduce 98.22%	17,374	0.55
☰	WFC - Wells Fargo	Sell 100.00%	2,483,241	1.43
☰	SYF - Synchrony Financial	Sell 100.00%	1,392,257	0.92
☰	6683 - General Electric Co	Sell 100.00%	3,772,309	0.78
☰	ALK - Alaska Air Group	Sell 100.00%	728,722	0.72
☰	GFI - Gold Fields Ltd.	Sell 100.00%	1,640,726	0.29
☰	NBIS - Yandex N V	Sell 100.00%	210,716	0.28
☰	SNX - SYNNEX Corp.	Sell 100.00%	147,771	0.23
☰	MBT - Mobile Telesystems Pjsc	Sell 100.00%	476,359	0.08
☰	CHL - China Mobile Limited	Sell 100.00%	13,529	0.01
☰	BTG - B2Gold Corp.	Sell 100.00%	21,600	0.00
	Q4 2020
☰	NTES - NetEase.com Inc.	Add 403.21%	677,737	1.23
☰	MELI - Mercadolibre Inc.	Add 293.09%	13,189	0.42
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 162.42%	3,681,621	0.77
☰	WIT - Wipro Ltd ADR	Add 160.86%	321,327	0.04
☰	QFIN - Qifu Technology Inc.	Add 69.74%	167,300	0.04
☰	DQ - Daqo New Energy Corp	Add 45.23%	7,210	0.01
☰	SNY - Sanofi Aventis	Add 38.46%	124,878	0.12
☰	G - Genpact Ltd.	Add 29.94%	311,597	0.25
☰	COP - ConocoPhillips	Add 26.16%	316,493	0.24
☰	HDB - HDFC Bank Ltd.	Add 24.14%	114,177	0.16
☰	TTEN - Total S A	Add 14.01%	46,438	0.04
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 10.13%	28,415	0.02
☰	INDA - iShares MSCI India ETF	Add 8.94%	33,181	0.03
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 8.46%	183,075	0.02
☰	VALE - Vale SA	Add 7.51%	598,760	0.19
☰	INFY - Infosys Ltd.	Add 6.58%	404,315	0.13
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 4.44%	65,647	0.02
☰	IBN - ICICI Bank Ltd.	Add 1.42%	83,806	0.02
☰	CNXC - Concentrix Corp.	Buy	774,608	1.46
☰	FISV - Fiserv Inc.	Buy	651,244	1.41
☰	SYF - Synchrony Financial	Buy	1,392,257	0.92
☰	ARE - Alexandria RE Equities Inc.	Buy	224,001	0.76
☰	CARR - Carrier Global Corp.	Buy	999,935	0.72
☰	HRC - Hill Rom Hldgs Inc	Buy	378,873	0.71
☰	GFI - Gold Fields Ltd.	Buy	1,640,726	0.29
☰	CSN - Credit Suisse Group	Buy	170,983	0.04
☰	ASHR - Dbx Etf Tr	Reduce 0.17%	1,108	0.00
☰	BABA - Alibaba Group Holdings	Reduce 1.56%	33,001	0.18
☰	RDY - Dr Reddys Labs Ltd	Reduce 1.70%	3,370	0.00
☰	AVGO - Broadcom Inc.	Reduce 2.05%	3,643	0.03
☰	SAP - SAP SE	Reduce 2.21%	2,517	0.01
☰	NBIS - Yandex N V	Reduce 2.50%	5,396	0.01
☰	NVS - Novartis AG	Reduce 3.00%	9,440	0.02
☰	EXC - Exelon Corp	Reduce 4.25%	68,111	0.05
☰	PKX - Posco	Reduce 4.41%	12,470	0.01
☰	ESNT - Essent Group Ltd	Reduce 5.02%	75,321	0.05
☰	TSM - Taiwan Semiconductor S.A.	Reduce 5.54%	296,783	0.45
☰	JD - JD.com Inc.	Reduce 8.01%	163,122	0.24
☰	CLS - Celestica Inc	Reduce 8.70%	8,100	0.00
☰	YUMC - Yum China Holdings Inc.	Reduce 8.84%	92,411	0.09
☰	SKM - Sk Telecom Ltd	Reduce 8.89%	1,256	0.00
☰	VEDL - Vedanta Ltd	Reduce 9.28%	70,647	0.01
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 12.37%	17,111	0.00
☰	SNPTY - China Pete & Chem Corp	Reduce 13.29%	3,450	0.00
☰	ABBNY - Abb Ltd	Reduce 14.63%	146,016	0.07
☰	ASH - Ashland Global Holdings Inc.	Reduce 16.29%	262,881	0.35
☰	BBVA - Banco Bilbao Vizcaya Argenta	Reduce 16.33%	924,308	0.05
☰	MT - ArcelorMittal	Reduce 16.34%	69,611	0.02
☰	PUK - Prudential Plc ADR	Reduce 16.75%	76,005	0.04
☰	DIS - Walt Disney Co.	Reduce 16.87%	111,253	0.26
☰	LDOS - Leidos Holdings	Reduce 17.86%	205,350	0.34
☰	SABR - Sabre Corp.	Reduce 18.27%	1,713,095	0.21
☰	73HK - Ryanair Hldgs Plc	Reduce 19.26%	1,190,532	1.83
☰	BTI - British American Tobacco plc	Reduce 19.47%	132,570	0.09
☰	GOOG - Alphabet Inc. CL C	Reduce 19.48%	13,457	0.37
☰	JOYY - JOYY Inc.	Reduce 21.37%	27,595	0.04
☰	BKNG - Booking Holdings Inc.	Reduce 22.00%	244,250	0.31
☰	WFC - Wells Fargo	Reduce 22.51%	721,417	0.32
☰	AFL - AFLAC Inc.	Reduce 22.96%	368,007	0.25
☰	ORCL - Oracle Corp.	Reduce 23.19%	271,466	0.30
☰	LVS - Las Vegas Sands Corp.	Reduce 28.99%	468,257	0.41
☰	ING - ING Group NV	Reduce 29.33%	1,263,930	0.17
☰	RGA - Reinsurance Group of America Inc.	Reduce 30.09%	306,043	0.55
☰	BIDU - Baidu Inc.	Reduce 31.26%	1,266,237	3.02
☰	BP - BP plc	Reduce 32.17%	225,273	0.07
☰	BCS - Barclays plc ADR	Reduce 40.38%	1,584,592	0.15
☰	C - Citigroup Inc.	Reduce 43.41%	935,993	0.76
☰	VIPS - Vipshop Holdings	Reduce 46.93%	1,193,909	0.35
☰	JLL - Jones Lang Lasalle Inc.	Reduce 49.54%	360,399	0.65
☰	ALK - Alaska Air Group	Reduce 53.38%	834,374	0.58
☰	SPR - Spirit Aerosystems Hldgs Inc	Reduce 61.95%	2,152,224	0.77
☰	BTG - B2Gold Corp.	Reduce 74.22%	62,200	0.01
☰	6683 - General Electric Co	Reduce 74.58%	11,065,452	1.30
☰	SNX - SYNNEX Corp.	Reduce 81.53%	652,350	1.72
☰	MBT - Mobile Telesystems Pjsc	Reduce 89.35%	3,995,612	0.65
☰	CHL - China Mobile Limited	Reduce 97.84%	612,611	0.37
☰	LINEUR - Linde Plc	Sell 100.00%	1,056,844	4.73
☰	CCEP - Coca Cola European Partners	Sell 100.00%	3,927,679	2.87
☰	FDX - FedEx Corp.	Sell 100.00%	292,162	1.38
☰	BXP - BXP Inc.	Sell 100.00%	441,175	0.67
☰	MC - Moelis & Co.	Sell 100.00%	897,690	0.59
☰	RELX - RELX plc	Sell 100.00%	159,717	0.07
	Q3 2020
☰	HDB - HDFC Bank Ltd.	Add 208.85%	319,832	0.30
☰	SNY - Sanofi Aventis	Add 86.31%	150,423	0.14
☰	WFC - Wells Fargo	Add 74.79%	1,371,274	0.61
☰	VEDL - Vedanta Ltd	Add 73.59%	322,779	0.05
☰	BBVA - Banco Bilbao Vizcaya Argenta	Add 65.79%	2,246,530	0.12
☰	DIS - Walt Disney Co.	Add 42.54%	196,846	0.46
☰	EXC - Exelon Corp	Add 35.08%	416,260	0.28
☰	RDY - Dr Reddys Labs Ltd	Add 34.58%	50,796	0.07
☰	TTM-OLD - Tata Mtrs Ltd	Add 31.40%	33,044	0.00
☰	ESNT - Essent Group Ltd	Add 29.57%	342,351	0.24
☰	INFY - Infosys Ltd.	Add 25.81%	1,261,096	0.33
☰	JLL - Jones Lang Lasalle Inc.	Add 23.31%	137,550	0.25
☰	ING - ING Group NV	Add 22.99%	805,538	0.11
☰	BP - BP plc	Add 22.78%	129,923	0.04
☰	VALE - Vale SA	Add 21.03%	1,385,422	0.28
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 11.71%	237,676	0.03
☰	YUMC - Yum China Holdings Inc.	Add 11.45%	107,372	0.11
☰	BABA - Alibaba Group Holdings	Add 8.67%	168,973	0.93
☰	NTES - NetEase.com Inc.	Add 7.82%	12,185	0.10
☰	SNPTY - China Pete & Chem Corp	Add 7.23%	1,750	0.00
☰	WIT - Wipro Ltd ADR	Add 6.90%	12,900	0.00
☰	BTI - British American Tobacco plc	Add 4.97%	32,228	0.02
☰	BCS - Barclays plc ADR	Add 4.60%	172,502	0.02
☰	TSM - Taiwan Semiconductor S.A.	Add 3.35%	173,501	0.26
☰	ASH - Ashland Global Holdings Inc.	Add 1.72%	27,325	0.04
☰	SPR - Spirit Aerosystems Hldgs Inc	Add 1.59%	54,355	0.02
☰	JOYY - JOYY Inc.	Add 0.54%	700	0.00
☰	GOOG - Alphabet Inc. CL C	Buy	69,077	1.91
☰	BKNG - Booking Holdings Inc.	Buy	1,110,275	1.43
☰	LVS - Las Vegas Sands Corp.	Buy	1,615,027	1.42
☰	AFL - AFLAC Inc.	Buy	1,603,016	1.10
☰	ALK - Alaska Air Group	Buy	1,563,096	1.08
☰	COP - ConocoPhillips	Buy	1,209,722	0.75
☰	BXP - BXP Inc.	Buy	441,175	0.67
☰	NBIS - Yandex N V	Buy	216,112	0.27
☰	MELI - Mercadolibre Inc.	Buy	4,500	0.09
☰	MOMO - Momo Inc	Buy	283,800	0.07
☰	QFIN - Qifu Technology Inc.	Buy	239,888	0.05
☰	6683 - General Electric Co	Reduce 0.51%	75,593	0.01
☰	CHL - China Mobile Limited	Reduce 0.79%	5,005	0.00
☰	JD - JD.com Inc.	Reduce 1.44%	29,805	0.03
☰	MT - ArcelorMittal	Reduce 1.87%	8,128	0.00
☰	CLS - Celestica Inc	Reduce 2.41%	2,300	0.00
☰	LDOS - Leidos Holdings	Reduce 2.75%	32,463	0.06
☰	BTG - B2Gold Corp.	Reduce 2.78%	2,400	0.00
☰	NVS - Novartis AG	Reduce 3.42%	11,168	0.02
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 3.58%	80,407	0.01
☰	PUK - Prudential Plc ADR	Reduce 3.79%	17,866	0.01
☰	SABR - Sabre Corp.	Reduce 3.84%	374,749	0.05
☰	IBN - ICICI Bank Ltd.	Reduce 3.92%	241,111	0.04
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 4.02%	61,855	0.02
☰	C - Citigroup Inc.	Reduce 4.80%	108,638	0.10
☰	ASHR - Dbx Etf Tr	Reduce 6.50%	46,077	0.02
☰	PKX - Posco	Reduce 6.67%	20,229	0.01
☰	VIPS - Vipshop Holdings	Reduce 7.75%	213,854	0.08
☰	MBT - Mobile Telesystems Pjsc	Reduce 8.07%	392,680	0.07
☰	CCEP - Coca Cola European Partners	Reduce 11.58%	514,461	0.35
☰	RGA - Reinsurance Group of America Inc.	Reduce 11.63%	133,884	0.19
☰	G - Genpact Ltd.	Reduce 13.60%	163,787	0.11
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 14.45%	47,393	0.02
☰	TTEN - Total S A	Reduce 15.20%	59,419	0.04
☰	INDA - iShares MSCI India ETF	Reduce 15.72%	69,211	0.04
☰	MC - Moelis & Co.	Reduce 22.59%	261,988	0.15
☰	SAP - SAP SE	Reduce 26.28%	40,593	0.10
☰	73HK - Ryanair Hldgs Plc	Reduce 26.80%	2,263,165	2.74
☰	ABBNY - Abb Ltd	Reduce 29.14%	410,279	0.17
☰	AVGO - Broadcom Inc.	Reduce 31.53%	81,709	0.47
☰	SNX - SYNNEX Corp.	Reduce 32.63%	387,520	0.85
☰	BIDU - Baidu Inc.	Reduce 33.38%	2,030,210	4.44
☰	ORCL - Oracle Corp.	Reduce 43.25%	892,365	0.90
☰	LINEUR - Linde Plc	Reduce 57.57%	1,434,079	5.54
☰	FDX - FedEx Corp.	Reduce 59.42%	427,864	1.09
☰	DQ - Daqo New Energy Corp	Reduce 67.79%	33,543	0.05
☰	RELX - RELX plc	Reduce 74.87%	475,886	0.20
☰	VIV - Telefonica Brasil SA	Reduce 87.91%	1,644,068	0.26
☰	SKM - Sk Telecom Ltd	Reduce 99.23%	1,830,196	0.65
☰	MSFT - Microsoft Corp.	Sell 100.00%	465,322	1.73
☰	PARA - Viacomcbs Inc	Sell 100.00%	2,933,834	1.25
☰	MRK - Merck & Co.	Sell 100.00%	814,074	1.15
☰	FCX - Freeport-McMoran Inc.	Sell 100.00%	3,729,917	0.79
☰	BAP - Credicorp Ltd.	Sell 100.00%	217,161	0.53
☰	EPI - Wisdomtree Tr	Sell 100.00%	1,000,429	0.37
☰	PDD - Pinduoduo Inc.	Sell 100.00%	213,200	0.33
☰	VOD - Vodafone Group Plc New	Sell 100.00%	1,145,705	0.33
☰	AVVIY - Astrazeneca Plc	Sell 100.00%	236,726	0.23
☰	JKS - Jinkosolar Hldg Co Ltd	Sell 100.00%	70,759	0.02
☰	JWN - Nordstrom Inc	Sell 100.00%	31,600	0.01
	Q2 2020
☰	BP - BP plc	Add 89.67%	269,642	0.11
☰	ING - ING Group NV	Add 62.65%	1,349,587	0.17
☰	HDB - HDFC Bank Ltd.	Add 43.47%	46,400	0.04
☰	CCEP - Coca Cola European Partners	Add 41.11%	1,294,229	0.89
☰	TTM-OLD - Tata Mtrs Ltd	Add 39.13%	29,600	0.00
☰	ASHR - Dbx Etf Tr	Add 27.66%	153,500	0.08
☰	RGA - Reinsurance Group of America Inc.	Add 21.98%	207,397	0.30
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 12.59%	226,900	0.03
☰	BAP - Credicorp Ltd.	Add 11.70%	22,747	0.06
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 11.63%	34,182	0.02
☰	MC - Moelis & Co.	Add 11.46%	119,246	0.07
☰	VEDL - Vedanta Ltd	Add 8.21%	33,285	0.00
☰	DIS - Walt Disney Co.	Add 7.58%	32,586	0.07
☰	BBVA - Banco Bilbao Vizcaya Argenta	Add 7.17%	228,363	0.01
☰	INDA - iShares MSCI India ETF	Add 5.89%	24,500	0.01
☰	SPR - Spirit Aerosystems Hldgs Inc	Add 4.37%	143,244	0.06
☰	73HK - Ryanair Hldgs Plc	Add 2.68%	220,342	0.27
☰	IBN - ICICI Bank Ltd.	Add 0.43%	26,537	0.00
☰	JLL - Jones Lang Lasalle Inc.	Buy	589,971	1.11
☰	G - Genpact Ltd.	Buy	1,204,671	0.80
☰	ESNT - Essent Group Ltd	Buy	1,157,786	0.77
☰	PDD - Pinduoduo Inc.	Buy	213,200	0.33
☰	SNY - Sanofi Aventis	Buy	174,285	0.16
☰	MT - ArcelorMittal	Buy	434,245	0.08
☰	BTG - B2Gold Corp.	Buy	86,200	0.01
☰	JWN - Nordstrom Inc	Buy	31,600	0.01
☰	NVS - Novartis AG	Reduce 0.17%	548	0.00
☰	PUK - Prudential Plc ADR	Reduce 0.93%	4,437	0.00
☰	NTES - NetEase.com Inc.	Reduce 1.64%	2,600	0.01
☰	WFC - Wells Fargo	Reduce 3.03%	57,245	0.03
☰	TTEN - Total S A	Reduce 3.77%	15,312	0.01
☰	JOYY - JOYY Inc.	Reduce 4.32%	5,800	0.01
☰	RDY - Dr Reddys Labs Ltd	Reduce 6.65%	10,465	0.01
☰	JD - JD.com Inc.	Reduce 8.22%	185,000	0.12
☰	BIDU - Baidu Inc.	Reduce 9.27%	621,198	1.01
☰	YUMC - Yum China Holdings Inc.	Reduce 9.62%	99,810	0.07
☰	VALE - Vale SA	Reduce 10.00%	732,041	0.10
☰	BABA - Alibaba Group Holdings	Reduce 10.11%	219,173	0.69
☰	INFY - Infosys Ltd.	Reduce 10.51%	574,133	0.08
☰	MBT - Mobile Telesystems Pjsc	Reduce 11.07%	605,376	0.07
☰	PKX - Posco	Reduce 11.45%	39,200	0.02
☰	VOD - Vodafone Group Plc New	Reduce 11.70%	151,817	0.03
☰	CLS - Celestica Inc	Reduce 11.75%	12,700	0.00
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 11.77%	299,256	0.02
☰	EXC - Exelon Corp	Reduce 11.96%	161,196	0.10
☰	ABBNY - Abb Ltd	Reduce 12.98%	209,992	0.06
☰	TSM - Taiwan Semiconductor S.A.	Reduce 16.88%	1,052,900	0.81
☰	BTI - British American Tobacco plc	Reduce 17.23%	135,020	0.07
☰	SAP - SAP SE	Reduce 17.67%	33,160	0.06
☰	EPI - Wisdomtree Tr	Reduce 19.06%	235,624	0.06
☰	BCS - Barclays plc ADR	Reduce 20.44%	964,192	0.07
☰	RELX - RELX plc	Reduce 22.30%	182,451	0.06
☰	6683 - General Electric Co	Reduce 24.62%	4,870,541	0.63
☰	WIT - Wipro Ltd ADR	Reduce 25.25%	63,100	0.00
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 29.12%	632,986	0.15
☰	LDOS - Leidos Holdings	Reduce 34.09%	611,292	0.91
☰	VIPS - Vipshop Holdings	Reduce 35.97%	1,549,400	0.39
☰	ASH - Ashland Global Holdings Inc.	Reduce 37.84%	965,261	0.78
☰	LINEUR - Linde Plc	Reduce 37.95%	1,523,283	4.27
☰	C - Citigroup Inc.	Reduce 38.57%	1,422,138	0.97
☰	SABR - Sabre Corp.	Reduce 38.74%	6,164,271	0.59
☰	AVVIY - Astrazeneca Plc	Reduce 38.77%	149,892	0.11
☰	AVGO - Broadcom Inc.	Reduce 38.97%	165,477	0.64
☰	PARA - Viacomcbs Inc	Reduce 39.46%	1,911,959	0.43
☰	ORCL - Oracle Corp.	Reduce 39.81%	1,364,501	1.07
☰	DQ - Daqo New Energy Corp	Reduce 40.08%	33,100	0.03
☰	FCX - Freeport-McMoran Inc.	Reduce 40.40%	2,528,024	0.27
☰	VIV - Telefonica Brasil SA	Reduce 41.25%	1,313,186	0.20
☰	SNPTY - China Pete & Chem Corp	Reduce 41.40%	17,100	0.01
☰	SKM - Sk Telecom Ltd	Reduce 41.66%	1,317,207	0.35
☰	SNX - SYNNEX Corp.	Reduce 42.67%	883,768	1.05
☰	JKS - Jinkosolar Hldg Co Ltd	Reduce 44.00%	55,600	0.01
☰	MRK - Merck & Co.	Reduce 44.05%	640,968	0.80
☰	FDX - FedEx Corp.	Reduce 44.86%	585,799	1.15
☰	MSFT - Microsoft Corp.	Reduce 51.50%	494,080	1.26
☰	CHL - China Mobile Limited	Reduce 56.16%	808,621	0.49
☰	MFC - Manulife Financial Corp.	Sell 100.00%	16,584,151	3.36
☰	CM - Can Imperial Bk Of Commerce	Sell 100.00%	2,813,819	2.64
☰	NCLH - Norwegian Cruise Line Hlgs Ltd.	Sell 100.00%	6,630,617	1.18
☰	HWM - Howmet Aerospace Inc	Sell 100.00%	4,353,431	1.13
☰	MOMO - Momo Inc	Sell 100.00%	919,006	0.32
☰	OVV - Ovintiv Inc.	Sell 100.00%	3,062,844	0.13
☰	DEO - Diageo ADR	Sell 100.00%	34,340	0.07
☰	RIO - Rio Tinto Group	Sell 100.00%	101,644	0.07
☰	CHT - Chunghwa Telecom Co Ltd	Sell 100.00%	62,128	0.04
☰	EWT - Ishares Msci Taiwan ETF	Sell 100.00%	74,019	0.04
☰	HTT - Qudian Inc	Sell 100.00%	740,000	0.02
☰	AU - AngloGold Ashanti Ltd.	Sell 100.00%	31,000	0.01
☰	SBS - Companhia De SAneamento Basi	Sell 100.00%	30,784	0.00
☰	LPL - Lg Display Co Ltd	Sell 100.00%	40,100	0.00
	Q1 2020
☰	NTES - NetEase.com Inc.	Add 15,750.00%	157,500	0.81
☰	VEDL - Vedanta Ltd	Add 591.49%	346,715	0.02
☰	INFY - Infosys Ltd.	Add 529.69%	4,593,400	0.61
☰	RDY - Dr Reddys Labs Ltd	Add 234.46%	110,300	0.07
☰	INDA - iShares MSCI India ETF	Add 201.52%	277,900	0.11
☰	HDB - HDFC Bank Ltd.	Add 162.66%	66,100	0.04
☰	DQ - Daqo New Energy Corp	Add 76.52%	35,800	0.03
☰	ASH - Ashland Global Holdings Inc.	Add 76.19%	1,103,215	0.90
☰	RELX - RELX plc	Add 67.46%	329,546	0.11
☰	ING - ING Group NV	Add 64.66%	845,846	0.07
☰	C - Citigroup Inc.	Add 46.81%	1,175,617	0.80
☰	HWM - Howmet Aerospace Inc	Add 45.80%	1,367,487	0.35
☰	JD - JD.com Inc.	Add 37.57%	614,734	0.40
☰	BCS - Barclays plc ADR	Add 32.97%	1,169,342	0.09
☰	FDX - FedEx Corp.	Add 31.50%	312,768	0.61
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 30.20%	589,907	0.05
☰	73HK - Ryanair Hldgs Plc	Add 27.70%	1,783,905	1.53
☰	MOMO - Momo Inc	Add 23.84%	176,900	0.06
☰	VOD - Vodafone Group Plc New	Add 22.21%	235,808	0.05
☰	SABR - Sabre Corp.	Add 20.76%	2,735,521	0.26
☰	6683 - General Electric Co	Add 16.61%	2,818,193	0.36
☰	WIT - Wipro Ltd ADR	Add 13.64%	30,000	0.00
☰	NVS - Novartis AG	Add 11.17%	32,835	0.04
☰	TTM-OLD - Tata Mtrs Ltd	Add 9.56%	6,600	0.00
☰	PARA - Viacomcbs Inc	Add 6.73%	305,392	0.07
☰	WFC - Wells Fargo	Add 5.09%	91,565	0.04
☰	IBN - ICICI Bank Ltd.	Add 3.87%	228,300	0.03
☰	CM - Can Imperial Bk Of Commerce	Add 3.65%	99,118	0.09
☰	MFC - Manulife Financial Corp.	Add 2.98%	479,836	0.10
☰	ASHR - Dbx Etf Tr	Add 2.19%	11,900	0.00
☰	VALE - Vale SA	Add 2.01%	144,443	0.02
☰	BABA - Alibaba Group Holdings	Add 1.89%	40,257	0.13
☰	BIDU - Baidu Inc.	Add 1.28%	84,749	0.14
☰	PKX - Posco	Add 0.97%	3,300	0.00
☰	MBT - Mobile Telesystems Pjsc	Add 0.92%	49,800	0.01
☰	VIPS - Vipshop Holdings	Add 0.52%	22,300	0.01
☰	VIV - Telefonica Brasil SA	Add 0.34%	10,900	0.00
☰	CCEP - Coca Cola European Partners	Buy	3,147,911	1.91
☰	AVGO - Broadcom Inc.	Buy	424,642	1.63
☰	SPR - Spirit Aerosystems Hldgs Inc	Buy	3,276,766	1.29
☰	RGA - Reinsurance Group of America Inc.	Buy	943,508	1.28
☰	NCLH - Norwegian Cruise Line Hlgs Ltd.	Buy	6,630,617	1.18
☰	FCX - Freeport-McMoran Inc.	Buy	6,257,941	0.68
☰	DIS - Walt Disney Co.	Buy	430,162	0.67
☰	MC - Moelis & Co.	Buy	1,040,432	0.47
☰	BBVA - Banco Bilbao Vizcaya Argenta	Buy	3,186,580	0.16
☰	OVV - Ovintiv Inc.	Buy	3,062,844	0.13
☰	DEO - Diageo ADR	Buy	34,340	0.07
☰	RIO - Rio Tinto Group	Buy	101,644	0.07
☰	CLS - Celestica Inc	Buy	108,100	0.01
☰	TSM - Taiwan Semiconductor S.A.	Reduce 0.26%	16,300	0.01
☰	ABBNY - Abb Ltd	Reduce 0.46%	7,510	0.00
☰	JKS - Jinkosolar Hldg Co Ltd	Reduce 0.55%	700	0.00
☰	JOYY - JOYY Inc.	Reduce 2.63%	3,621	0.00
☰	SKM - Sk Telecom Ltd	Reduce 3.47%	113,814	0.03
☰	EPI - Wisdomtree Tr	Reduce 3.51%	44,900	0.01
☰	CHL - China Mobile Limited	Reduce 4.72%	71,326	0.03
☰	SNX - SYNNEX Corp.	Reduce 5.59%	122,652	0.17
☰	BTI - British American Tobacco plc	Reduce 7.13%	60,147	0.03
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 8.76%	173,100	0.03
☰	SNPTY - China Pete & Chem Corp	Reduce 9.74%	4,460	0.00
☰	SAP - SAP SE	Reduce 10.86%	22,860	0.03
☰	LDOS - Leidos Holdings	Reduce 12.89%	265,391	0.28
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 13.15%	328,931	0.07
☰	TTEN - Total S A	Reduce 15.06%	71,984	0.04
☰	LINEUR - Linde Plc	Reduce 15.11%	714,699	1.65
☰	EWT - Ishares Msci Taiwan ETF	Reduce 15.62%	13,700	0.01
☰	AVVIY - Astrazeneca Plc	Reduce 17.44%	81,647	0.04
☰	MRK - Merck & Co.	Reduce 17.80%	315,068	0.31
☰	ORCL - Oracle Corp.	Reduce 19.03%	805,676	0.46
☰	YUMC - Yum China Holdings Inc.	Reduce 25.57%	356,349	0.18
☰	MSFT - Microsoft Corp.	Reduce 29.12%	394,096	0.67
☰	PUK - Prudential Plc ADR	Reduce 29.50%	199,132	0.08
☰	HTT - Qudian Inc	Reduce 32.04%	348,900	0.02
☰	BAP - Credicorp Ltd.	Reduce 35.92%	109,000	0.25
☰	EXC - Exelon Corp	Reduce 37.40%	805,325	0.40
☰	BP - BP plc	Reduce 57.30%	403,575	0.17
☰	LPL - Lg Display Co Ltd	Reduce 67.74%	84,213	0.01
☰	AU - AngloGold Ashanti Ltd.	Reduce 97.09%	1,034,149	0.25
☰	ECA - Encana Corp	Sell 100.00%	136,379,916	6.93
☰	HAL - Halliburton Co.	Sell 100.00%	10,514,935	2.79
☰	MPC - Marathon Petroleum Corp.	Sell 100.00%	3,672,915	2.40
☰	GIL - Gildan Activewear Inc.	Sell 100.00%	5,240,087	1.68
☰	FE - Firstenergy Corp	Sell 100.00%	3,113,024	1.64
☰	SIG - Signet Jewelers Limited	Sell 100.00%	3,840,304	0.90
☰	ALK - Alaska Air Group	Sell 100.00%	1,114,019	0.82
☰	WRK - Westrock Co	Sell 100.00%	1,522,348	0.71
☰	RDS.B - Royal Dutch Shell Plc	Sell 100.00%	490,293	0.32
☰	LYG - Lloyds TSB Grp Plc ADR	Sell 100.00%	2,696,874	0.10
☰	AMX - America Movil SAb De Cv	Sell 100.00%	101,600	0.02
☰	AUOTY - Au Optronics Corp	Sell 100.00%	210,600	0.01
☰	EEM - Ishares Tr	Sell 100.00%	22,000	0.01
☰	PTRCY - Petrochina Co Ltd	Sell 100.00%	3,407	0.00
☰	GGB - Gerdau S.A.	Sell 100.00%	10,700	0.00
	Q4 2019
☰	JD - JD.com Inc.	Add 428.56%	1,326,818	0.50
☰	HTT - Qudian Inc	Add 212.10%	740,000	0.04
☰	RELX - RELX plc	Add 97.95%	241,725	0.06
☰	SIG - Signet Jewelers Limited	Add 51.68%	1,308,497	0.31
☰	EWT - Ishares Msci Taiwan ETF	Add 48.17%	28,519	0.01
☰	CHT - Chunghwa Telecom Co Ltd	Add 40.56%	17,928	0.01
☰	AU - AngloGold Ashanti Ltd.	Add 32.01%	258,249	0.06
☰	VIPS - Vipshop Holdings	Add 26.31%	892,580	0.14
☰	ASHR - Dbx Etf Tr	Add 23.77%	104,282	0.03
☰	HDB - HDFC Bank Ltd.	Add 20.81%	7,000	0.01
☰	BIDU - Baidu Inc.	Add 20.28%	1,116,024	1.52
☰	NVS - Novartis AG	Add 13.98%	36,049	0.04
☰	ECA - Encana Corp	Add 8.04%	10,154,130	0.52
☰	BP - BP plc	Add 7.22%	47,436	0.02
☰	VIV - Telefonica Brasil SA	Add 7.17%	212,154	0.03
☰	BABA - Alibaba Group Holdings	Add 6.98%	138,850	0.32
☰	TSM - Taiwan Semiconductor S.A.	Add 5.55%	328,637	0.21
☰	SNPTY - China Pete & Chem Corp	Add 4.70%	2,053	0.00
☰	SABR - Sabre Corp.	Add 3.63%	461,431	0.11
☰	TTEN - Total S A	Add 3.57%	16,497	0.01
☰	73HK - Ryanair Hldgs Plc	Add 2.73%	171,462	0.16
☰	MBT - Mobile Telesystems Pjsc	Add 2.01%	106,543	0.01
☰	ING - ING Group NV	Add 1.30%	16,725	0.00
☰	ORCL - Oracle Corp.	Add 0.98%	40,982	0.02
☰	PARA - Viacomcbs Inc	Buy	4,540,401	2.06
☰	6683 - General Electric Co	Buy	16,965,702	2.05
☰	FDX - FedEx Corp.	Buy	993,057	1.63
☰	ASH - Ashland Global Holdings Inc.	Buy	1,448,021	1.20
☰	EXC - Exelon Corp	Buy	2,153,113	1.06
☰	HWM - Arconic Inc	Buy	2,985,944	1.00
☰	WRK - Westrock Co	Buy	1,522,348	0.71
☰	PBR/A - Petroleo Brasileiro SA Petro	Buy	1,975,223	0.32
☰	MOMO - Momo Inc	Buy	742,106	0.27
☰	JOYY - JOYY Inc.	Buy	137,863	0.08
☰	EEM - Ishares Tr	Buy	22,000	0.01
☰	VALE - Vale SA	Reduce 0.24%	17,467	0.00
☰	CM - Can Imperial Bk Of Commerce	Reduce 0.27%	7,484	0.01
☰	MFC - Manulife Financial Corp.	Reduce 0.78%	127,277	0.03
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 0.82%	16,053	0.00
☰	HAL - Halliburton Co.	Reduce 0.88%	93,035	0.02
☰	SAP - SAP SE	Reduce 0.96%	2,039	0.00
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 1.04%	26,204	0.01
☰	BTI - British American Tobacco plc	Reduce 1.09%	9,286	0.00
☰	KSA - Ishrs Msci Saudi Arabia ETF	Reduce 1.42%	4,239	0.00
☰	PKX - Posco	Reduce 2.79%	9,745	0.01
☰	RDS.B - Royal Dutch Shell Plc	Reduce 2.93%	14,817	0.01
☰	LDOS - Leidos Holdings	Reduce 3.21%	68,347	0.07
☰	MRK - Merck & Co.	Reduce 3.25%	59,475	0.06
☰	VOD - Vodafone Group Plc New	Reduce 3.50%	38,553	0.01
☰	FE - Firstenergy Corp	Reduce 3.54%	114,198	0.07
☰	WFC - Wells Fargo	Reduce 3.83%	71,725	0.04
☰	IBN - ICICI Bank Ltd.	Reduce 3.94%	241,867	0.04
☰	BAP - Credicorp Ltd.	Reduce 3.97%	12,551	0.03
☰	SNX - SYNNEX Corp.	Reduce 4.60%	105,784	0.14
☰	MSFT - Microsoft Corp.	Reduce 4.99%	71,046	0.12
☰	SKM - Sk Telecom Ltd	Reduce 5.21%	179,893	0.05
☰	CHL - China Mobile Limited	Reduce 6.48%	104,771	0.05
☰	EPI - Wisdomtree Tr	Reduce 6.73%	92,400	0.03
☰	YUMC - Yum China Holdings Inc.	Reduce 9.53%	146,800	0.08
☰	LINEUR - Linde Plc	Reduce 11.13%	592,327	1.38
☰	MPC - Marathon Petroleum Corp.	Reduce 13.21%	559,079	0.41
☰	AZUL - Azul S.A.	Reduce 15.83%	26,969	0.01
☰	C - Citigroup Inc.	Reduce 16.90%	510,551	0.42
☰	BCS - Barclays plc ADR	Reduce 18.12%	784,991	0.07
☰	AVVIY - Astrazeneca Plc	Reduce 18.19%	104,142	0.06
☰	AMX - America Movil SAb De Cv	Reduce 20.54%	26,265	0.00
☰	ABBNY - Abb Ltd	Reduce 20.78%	426,420	0.10
☰	INFY - Infosys Ltd.	Reduce 23.15%	261,200	0.03
☰	PUK - Prudential Plc ADR	Reduce 27.92%	261,512	0.11
☰	GIL - Gildan Activewear Inc.	Reduce 50.68%	5,383,532	2.30
☰	LYG - Lloyds TSB Grp Plc ADR	Reduce 53.83%	3,144,644	0.10
☰	ALK - Alaska Air Group	Reduce 67.37%	2,300,443	1.80
☰	GGB - Gerdau S.A.	Reduce 96.50%	294,779	0.01
☰	ZBH - Zimmer Biomet Holdings	Sell 100.00%	1,009,417	1.67
☰	VIAB - Viacom Inc New	Sell 100.00%	5,601,770	1.62
☰	MDLZ - Mondelez International	Sell 100.00%	1,586,160	1.06
☰	FLS - Flowserve Corp.	Sell 100.00%	1,834,057	1.03
☰	BRX - Brixmor Property Group Inc.	Sell 100.00%	3,779,232	0.92
☰	BAC - Bank of America Corp.	Sell 100.00%	1,519,106	0.53
☰	0YYA - Yy Inc	Sell 100.00%	542,721	0.37
☰	RES - RPC, Inc.	Sell 100.00%	5,372,499	0.36
☰	BSBR - Banco SAntander Brasil S A	Sell 100.00%	231,400	0.03
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Sell 100.00%	4,666	0.01
	Q3 2019
☰	VIPS - Vipshop Holdings	Add 1,018.48%	3,089,052	0.33
☰	KSA - Ishrs Msci Saudi Arabia ETF	Add 109.91%	156,068	0.05
☰	HDB - HDFC Bank Ltd.	Add 100.00%	16,818	0.01
☰	LYG - Lloyds TSB Grp Plc ADR	Add 32.72%	1,440,105	0.05
☰	73HK - Ryanair Hldgs Plc	Add 31.01%	1,484,036	1.19
☰	YUMC - Yum China Holdings Inc.	Add 28.85%	344,920	0.19
☰	ASHR - Dbx Etf Tr	Add 19.97%	73,047	0.02
☰	HAL - Halliburton Co.	Add 14.82%	1,369,575	0.31
☰	VIAB - Viacom Inc New	Add 13.89%	683,185	0.20
☰	RDY - Dr Reddys Labs Ltd	Add 11.98%	5,033	0.00
☰	ORCL - Oracle Corp.	Add 8.35%	323,254	0.21
☰	SNX - SYNNEX Corp.	Add 7.74%	165,261	0.22
☰	ABBNY - Abb Ltd	Add 6.00%	116,169	0.03
☰	RDS.B - Royal Dutch Shell Plc	Add 4.96%	23,891	0.02
☰	MPC - Marathon Petroleum Corp.	Add 4.76%	192,212	0.14
☰	SABR - Sabre Corp.	Add 4.46%	542,636	0.15
☰	MRK - Merck & Co.	Add 3.95%	69,530	0.07
☰	BIDU - Baidu Inc.	Add 3.66%	194,308	0.24
☰	VOD - Vodafone Group Plc New	Add 3.44%	36,558	0.01
☰	VIV - Telefonica Brasil SA	Add 2.99%	85,962	0.01
☰	ECA - Encana Corp	Add 2.03%	2,505,786	0.14
☰	PUK - Prudential Plc ADR	Add 0.64%	5,955	0.00
☰	BRX - Brixmor Property Group Inc.	Buy	3,779,232	0.92
☰	AU - AngloGold Ashanti Ltd.	Buy	806,900	0.18
☰	JD - JD.com Inc.	Buy	309,600	0.11
☰	BSBR - Banco SAntander Brasil S A	Buy	231,400	0.03
☰	HTT - Qudian Inc	Buy	348,900	0.03
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 0.06%	44	0.00
☰	SKM - Sk Telecom Ltd	Reduce 0.27%	9,356	0.00
☰	PKX - Posco	Reduce 0.49%	1,700	0.00
☰	WFC - Wells Fargo	Reduce 0.58%	10,914	0.01
☰	TAK - Takeda Pharmaceutical Co. Ltd	Reduce 0.76%	19,240	0.00
☰	LDOS - Leidos Holdings	Reduce 1.05%	22,545	0.02
☰	CM - Can Imperial Bk Of Commerce	Reduce 1.07%	29,467	0.03
☰	MSFT - Microsoft Corp.	Reduce 1.16%	16,652	0.02
☰	SIG - Signet Jewelers Limited	Reduce 1.55%	39,971	0.01
☰	BABA - Alibaba Group Holdings	Reduce 1.56%	31,483	0.06
☰	CHL - China Mobile Limited	Reduce 2.67%	44,347	0.02
☰	SNPTY - China Pete & Chem Corp	Reduce 2.67%	1,200	0.00
☰	ING - ING Group NV	Reduce 3.78%	50,776	0.01
☰	IBN - ICICI Bank Ltd.	Reduce 4.64%	298,365	0.04
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 6.23%	130,789	0.01
☰	AMX - America Movil SAb De Cv	Reduce 6.37%	8,700	0.00
☰	SAP - SAP SE	Reduce 6.52%	14,821	0.02
☰	BCS - Barclays plc ADR	Reduce 6.99%	325,334	0.03
☰	NVS - Novartis AG	Reduce 7.03%	19,489	0.02
☰	TTEN - Total S A	Reduce 7.19%	35,785	0.02
☰	EPI - Wisdomtree Tr	Reduce 7.23%	107,000	0.03
☰	BP - BP plc	Reduce 7.29%	51,665	0.02
☰	ZBH - Zimmer Biomet Holdings	Reduce 8.70%	96,248	0.12
☰	TSM - Taiwan Semiconductor S.A.	Reduce 9.54%	625,002	0.27
☰	C - Citigroup Inc.	Reduce 10.30%	347,169	0.27
☰	0YYA - Yy Inc	Reduce 11.63%	71,410	0.05
☰	VALE - Vale SA	Reduce 11.90%	971,528	0.14
☰	BTI - British American Tobacco plc	Reduce 12.79%	125,104	0.05
☰	MBT - Mobile Telesystems Pjsc	Reduce 13.80%	850,930	0.09
☰	LINEUR - Linde Plc	Reduce 14.45%	898,469	1.98
☰	FE - Firstenergy Corp	Reduce 14.81%	560,827	0.26
☰	BAP - Credicorp Ltd.	Reduce 17.51%	67,069	0.17
☰	ALK - Alaska Air Group	Reduce 17.57%	727,614	0.51
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 19.23%	1,111	0.00
☰	MFC - Manulife Financial Corp.	Reduce 22.88%	4,814,262	0.96
☰	RES - RPC, Inc.	Reduce 25.42%	1,830,944	0.14
☰	GIL - Gildan Activewear Inc.	Reduce 26.06%	3,744,624	1.59
☰	AVVIY - Astrazeneca Plc	Reduce 32.70%	278,093	0.13
☰	RELX - RELX plc	Reduce 38.05%	151,594	0.04
☰	MDLZ - Mondelez International	Reduce 38.37%	987,689	0.59
☰	INDA - iShares MSCI India ETF	Reduce 39.49%	90,000	0.04
☰	FLS - Flowserve Corp.	Reduce 42.19%	1,338,691	0.78
☰	INFY - Infosys Ltd.	Reduce 48.36%	1,056,683	0.13
☰	AZUL - Azul S.A.	Reduce 49.90%	169,656	0.06
☰	BAC - Bank of America Corp.	Reduce 57.48%	2,053,811	0.66
☰	GGB - Gerdau S.A.	Reduce 96.79%	9,203,655	0.40
☰	6683 - General Electric Co	Sell 100.00%	6,980,327	0.81
☰	CUK - Carnival Plc	Sell 100.00%	118,747	0.06
☰	GLIN - Vaneck Vectors Etf Tr	Sell 100.00%	36,839	0.02
☰	CYOU - Chang You Com Ltd	Sell 100.00%	44,300	0.00
☰	SMIN - iShares MSCI India Small-Cap ETF	Sell 100.00%	4,800	0.00
	Q2 2019
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Add 862.83%	5,177	0.01
☰	73HK - Ryanair Hldgs Plc	Add 476.94%	3,956,214	2.79
☰	ASHR - Dbx Etf Tr	Add 95.37%	178,543	0.05
☰	TTEN - Total S A	Add 63.93%	193,963	0.12
☰	DQ - Daqo New Energy Corp	Add 52.37%	16,080	0.01
☰	SNX - SYNNEX Corp.	Add 43.19%	643,873	0.70
☰	MPC - Marathon Petroleum Corp.	Add 31.36%	964,519	0.59
☰	ING - ING Group NV	Add 30.62%	314,672	0.04
☰	BCS - Barclays plc ADR	Add 21.82%	834,196	0.07
☰	FE - Firstenergy Corp	Add 20.28%	638,636	0.30
☰	AVVIY - Astrazeneca Plc	Add 19.58%	139,253	0.06
☰	TSM - Taiwan Semiconductor S.A.	Add 8.00%	484,910	0.21
☰	SNPTY - China Pete & Chem Corp	Add 6.87%	2,886	0.00
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 6.67%	159,387	0.03
☰	ZBH - Zimmer Biomet Holdings	Add 5.43%	56,992	0.07
☰	ECA - Encana Corp	Add 5.42%	6,356,410	0.36
☰	RELX - RELX plc	Add 5.27%	19,949	0.01
☰	LPL - Lg Display Co Ltd	Add 5.25%	6,200	0.00
☰	CHL - China Mobile Limited	Add 4.85%	76,845	0.04
☰	VIV - Telefonica Brasil SA	Add 4.11%	113,500	0.02
☰	IBN - ICICI Bank Ltd.	Add 3.33%	207,384	0.03
☰	BTI - British American Tobacco plc	Add 3.18%	30,116	0.01
☰	LYG - Lloyds TSB Grp Plc ADR	Add 2.87%	122,632	0.00
☰	VIAB - Viacom Inc New	Add 2.77%	132,653	0.04
☰	SABR - Sabre Corp.	Add 2.60%	308,100	0.08
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 2.45%	50,233	0.00
☰	BP - BP plc	Add 2.41%	16,671	0.01
☰	BABA - Alibaba Group Holdings	Add 2.08%	41,154	0.08
☰	SAP - SAP SE	Add 2.06%	4,591	0.01
☰	ABBNY - Abb Ltd	Add 1.78%	33,861	0.01
☰	WFC - Wells Fargo	Add 1.58%	29,244	0.02
☰	MRK - Merck & Co.	Add 0.98%	17,086	0.02
☰	6683 - General Electric Co	Buy	6,980,327	0.81
☰	YUMC - Yum China Holdings Inc.	Buy	1,195,600	0.61
☰	INDA - iShares MSCI India ETF	Buy	227,900	0.09
☰	KSA - Ishrs Msci Saudi Arabia ETF	Buy	142,000	0.05
☰	JKS - Jinkosolar Hldg Co Ltd	Buy	127,059	0.03
☰	VIPS - Vipshop Holdings	Buy	303,300	0.03
☰	CYOU - Chang You Com Ltd	Buy	44,300	0.00
☰	BIDU - Baidu Inc.	Reduce 0.65%	34,489	0.06
☰	VALE - Vale SA	Reduce 0.90%	74,395	0.01
☰	CM - Can Imperial Bk Of Commerce	Reduce 1.27%	35,274	0.03
☰	HAL - Halliburton Co.	Reduce 1.91%	180,244	0.05
☰	NVS - Novartis AG	Reduce 1.91%	5,391	0.01
☰	RES - RPC, Inc.	Reduce 2.58%	190,564	0.02
☰	SIG - Signet Jewelers Limited	Reduce 2.66%	70,150	0.02
☰	MBT - Mobile Telesystems Pjsc	Reduce 2.69%	170,145	0.01
☰	RDY - Dr Reddys Labs Ltd	Reduce 2.75%	1,188	0.00
☰	EPI - Wisdomtree Tr	Reduce 2.88%	43,903	0.01
☰	PKX - Posco	Reduce 3.02%	10,900	0.01
☰	SKM - Sk Telecom Ltd	Reduce 3.86%	139,140	0.03
☰	GIL - Gildan Activewear Inc.	Reduce 4.40%	660,523	0.24
☰	ALK - Alaska Air Group	Reduce 4.51%	195,438	0.11
☰	LDOS - Leidos Holdings	Reduce 5.24%	118,974	0.08
☰	PUK - Prudential Plc ADR	Reduce 5.94%	58,724	0.02
☰	VOD - Vodafone Group Plc New	Reduce 7.08%	80,995	0.01
☰	GGB - Gerdau S.A.	Reduce 11.52%	1,238,266	0.05
☰	FLS - Flowserve Corp.	Reduce 11.84%	426,147	0.20
☰	BAC - Bank of America Corp.	Reduce 12.46%	508,649	0.14
☰	BAP - Credicorp Ltd.	Reduce 12.68%	55,619	0.14
☰	RDS.B - Royal Dutch Shell Plc	Reduce 12.83%	70,857	0.05
☰	MSFT - Microsoft Corp.	Reduce 13.40%	222,962	0.27
☰	C - Citigroup Inc.	Reduce 16.81%	680,746	0.43
☰	LINEUR - Linde Plc	Reduce 20.75%	1,628,561	2.90
☰	0YYA - Yy Inc	Reduce 21.27%	165,931	0.14
☰	MDLZ - Mondelez International	Reduce 24.60%	839,612	0.43
☰	ORCL - Oracle Corp.	Reduce 30.10%	1,666,299	0.91
☰	AMX - America Movil SAb De Cv	Reduce 39.12%	87,762	0.01
☰	INFY - Infosys Ltd.	Reduce 40.68%	1,498,667	0.17
☰	CUK - Carnival Plc	Reduce 49.44%	116,104	0.06
☰	MFC - Manulife Financial Corp.	Reduce 55.86%	26,637,346	4.56
☰	EEM - Ishares Tr	Sell 100.00%	969,437	0.42
☰	PBR/A - Petroleo Brasileiro SA Petro	Sell 100.00%	2,100,651	0.30
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Sell 100.00%	140,909	0.06
☰	KEP - Korea Electric Pwr	Sell 100.00%	32,519	0.00
☰	AP47 - Glaxosmithkline Plc	Sell 100.00%	1,423	0.00
☰	BBL - Bhp Billiton Plc	Sell 100.00%	665	0.00
☰	AMALV - Arcelormittal SA Luxembourg	Sell 100.00%	408	0.00
☰	DEO - Diageo ADR	Sell 100.00%	33	0.00
	Q1 2019
☰	73HK - Ryanair Hldgs Plc	Add 277.73%	609,892	0.46
☰	ASHR - Dbx Etf Tr	Add 156.80%	114,307	0.03
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 122.11%	77,467	0.03
☰	GLIN - Vaneck Vectors Etf Tr	Add 76.46%	15,962	0.01
☰	WIT - Wipro Ltd ADR	Add 69.16%	89,923	0.00
☰	VOD - Vodafone Group Plc New	Add 42.92%	343,743	0.06
☰	ALK - Alaska Air Group	Add 37.01%	1,171,706	0.67
☰	MPC - Marathon Petroleum Corp.	Add 35.44%	804,713	0.49
☰	ECA - Encana Corp	Add 30.17%	27,202,301	2.00
☰	ABBNY - Abb Ltd	Add 29.36%	431,688	0.08
☰	IBN - ICICI Bank Ltd.	Add 22.26%	1,133,662	0.13
☰	BABA - Alibaba Group Holdings	Add 16.26%	276,852	0.51
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 13.30%	240,568	0.02
☰	ING - ING Group NV	Add 11.90%	109,253	0.01
☰	RDS.B - Royal Dutch Shell Plc	Add 9.27%	46,825	0.03
☰	BCS - Barclays plc ADR	Add 9.16%	320,954	0.03
☰	TAK - Takeda Pharmaceutical Co. Ltd	Add 8.35%	183,969	0.04
☰	MBT - Mobile Telesystems Pjsc	Add 6.29%	375,021	0.03
☰	RES - RPC, Inc.	Add 5.43%	380,735	0.04
☰	BP - BP plc	Add 5.30%	34,821	0.02
☰	SKM - Sk Telecom Ltd	Add 2.97%	103,783	0.03
☰	LYG - Lloyds TSB Grp Plc ADR	Add 2.88%	119,656	0.00
☰	SNX - SYNNEX Corp.	Add 2.25%	32,812	0.03
☰	SNPTY - China Pete & Chem Corp	Add 2.02%	833	0.00
☰	BIDU - Baidu Inc.	Add 1.71%	89,735	0.15
☰	BTI - British American Tobacco plc	Add 1.21%	11,382	0.00
☰	CHL - China Mobile Limited	Add 0.76%	11,888	0.01
☰	TSM - Taiwan Semiconductor S.A.	Add 0.52%	31,403	0.01
☰	LDOS - Leidos Holdings	Add 0.46%	10,440	0.01
☰	BAP - Credicorp Ltd.	Add 0.42%	1,824	0.00
☰	LINEUR - Linde Plc	Buy	7,848,262	13.98
☰	MRK - Merck & Co.	Buy	1,742,969	1.47
☰	EEM - Ishares Tr	Buy	969,437	0.42
☰	GGB - Gerdau S.A.	Buy	10,747,400	0.42
☰	VIV - Telefonica Brasil SA	Buy	2,760,800	0.34
☰	SAP - SAP SE	Buy	222,749	0.26
☰	TTEN - Total S A	Buy	303,421	0.17
☰	AZUL - Azul S.A.	Buy	340,000	0.10
☰	RELX - RELX plc	Buy	378,428	0.08
☰	SMIN - iShares MSCI India Small-Cap ETF	Buy	4,800	0.00
☰	PKX - Posco	Reduce 0.17%	624	0.00
☰	CM - Can Imperial Bk Of Commerce	Reduce 2.31%	65,813	0.06
☰	PUK - Prudential Plc ADR	Reduce 2.92%	29,715	0.01
☰	AVVIY - Astrazeneca Plc	Reduce 3.30%	24,306	0.01
☰	NVS - Novartis AG	Reduce 3.44%	10,058	0.01
☰	GIL - Gildan Activewear Inc.	Reduce 3.67%	572,623	0.21
☰	AMALV - Arcelormittal SA Luxembourg	Reduce 3.77%	16	0.00
☰	0YYA - Yy Inc	Reduce 5.63%	46,500	0.03
☰	CUK - Carnival Plc	Reduce 10.25%	26,821	0.02
☰	SABR - Sabre Corp.	Reduce 12.50%	1,695,390	0.45
☰	HAL - Halliburton Co.	Reduce 15.44%	1,720,287	0.56
☰	VIAB - Viacom Inc New	Reduce 18.16%	1,062,268	0.33
☰	SIG - Signet Jewelers Limited	Reduce 18.51%	600,059	0.23
☰	ZBH - Zimmer Biomet Holdings	Reduce 20.28%	266,790	0.34
☰	ORCL - Oracle Corp.	Reduce 20.46%	1,423,648	0.78
☰	WFC - Wells Fargo	Reduce 20.61%	480,936	0.27
☰	VALE - Vale SA	Reduce 20.98%	2,186,931	0.35
☰	MDLZ - Mondelez International	Reduce 22.47%	989,136	0.48
☰	MSFT - Microsoft Corp.	Reduce 22.52%	483,602	0.60
☰	MFC - Manulife Financial Corp.	Reduce 26.38%	17,082,789	2.95
☰	C - Citigroup Inc.	Reduce 29.01%	1,655,048	1.05
☰	FE - Firstenergy Corp	Reduce 29.11%	1,293,186	0.59
☰	FLS - Flowserve Corp.	Reduce 36.18%	2,040,643	0.94
☰	EPI - Wisdomtree Tr	Reduce 42.71%	1,136,109	0.34
☰	BAC - Bank of America Corp.	Reduce 54.11%	4,812,411	1.44
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 68.05%	147,160	0.02
☰	DEO - Diageo ADR	Reduce 73.39%	91	0.00
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 80.00%	2,400	0.00
☰	AMX - America Movil SAb De Cv	Reduce 82.07%	1,027,132	0.18
☰	AP47 - Glaxosmithkline Plc	Reduce 99.50%	283,168	0.13
☰	BBL - Bhp Billiton Plc	Reduce 99.70%	223,338	0.11
☰	QCOM - QUALCOMM Inc.	Sell 100.00%	3,146,684	2.18
☰	AAP - Advance Auto Parts	Sell 100.00%	865,452	1.66
☰	FDX - FedEx Corp.	Sell 100.00%	331,444	0.65
☰	INDA - iShares MSCI India ETF	Sell 100.00%	572,000	0.23
☰	CPG - Crescent Pt Energy Corp	Sell 100.00%	110,286	0.00
☰	TAL - TAL Education Group	Sell 100.00%	9,300	0.00
☰	JKS - Jinkosolar Hldg Co Ltd	Sell 100.00%	11,400	0.00
☰	LLY - Eli Lilly & Co.	Sell 100.00%	81	0.00
☰	CEO - Cnooc Ltd	Sell 100.00%	13	0.00
☰	D - Dominion Energy Inc.	Sell 100.00%	44	0.00
☰	HTHT - H World Group Ltd ADR	Sell 100.00%	32	0.00
	Q4 2018
☰	73HK - Ryanair Hldgs Plc	Add 3,659,933.33%	219,596	0.27
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 20,100.51%	2,090,252	0.30
☰	INFY - Infosys Ltd.	Add 1,147.74%	3,388,500	0.40
☰	TTM-OLD - Tata Mtrs Ltd	Add 266.50%	157,244	0.02
☰	CM - Can Imperial Bk Of Commerce	Add 129.50%	1,609,735	1.46
☰	ING - ING Group NV	Add 67.31%	369,447	0.05
☰	ECA - Encana Corp	Add 59.62%	33,675,389	2.36
☰	HAL - Halliburton Co.	Add 29.31%	2,524,964	0.82
☰	PUK - Prudential Plc ADR	Add 22.02%	183,893	0.08
☰	LDOS - Leidos Holdings	Add 21.41%	398,225	0.26
☰	BIDU - Baidu Inc.	Add 19.22%	846,815	1.63
☰	MFC - Manulife Financial Corp.	Add 18.83%	10,263,079	1.77
☰	FLS - Flowserve Corp.	Add 17.64%	845,582	0.39
☰	BAC - Bank of America Corp.	Add 15.91%	1,220,547	0.37
☰	C - Citigroup Inc.	Add 14.85%	737,544	0.47
☰	QCOM - QUALCOMM Inc.	Add 12.84%	358,054	0.25
☰	WFC - Wells Fargo	Add 11.34%	237,745	0.13
☰	SIG - Signet Jewelers Limited	Add 11.18%	325,884	0.13
☰	BTI - British American Tobacco plc	Add 9.91%	84,511	0.03
☰	VALE - Vale SA	Add 9.88%	937,306	0.15
☰	RES - RPC, Inc.	Add 9.44%	604,965	0.07
☰	ZBH - Zimmer Biomet Holdings	Add 8.50%	103,001	0.13
☰	SABR - Sabre Corp.	Add 7.96%	999,748	0.26
☰	EPI - Wisdomtree Tr	Add 7.48%	185,100	0.06
☰	ORCL - Oracle Corp.	Add 6.67%	435,268	0.24
☰	MDLZ - Mondelez International	Add 6.26%	259,511	0.13
☰	BAP - Credicorp Ltd.	Add 5.37%	22,263	0.06
☰	IBN - ICICI Bank Ltd.	Add 4.89%	237,569	0.03
☰	VIAB - Viacom Inc New	Add 4.63%	258,945	0.08
☰	MSFT - Microsoft Corp.	Add 3.67%	76,025	0.09
☰	0YYA - Yy Inc	Add 2.84%	22,829	0.02
☰	DQ - Daqo New Energy Corp	Add 1.67%	504	0.00
☰	LYG - Lloyds TSB Grp Plc ADR	Add 0.92%	38,040	0.00
☰	ALK - Alaska Air Group	Buy	3,165,808	2.34
☰	MPC - Marathon Petroleum Corp.	Buy	2,270,550	1.63
☰	SNX - SYNNEX Corp.	Buy	1,457,899	1.43
☰	FDX - FedEx Corp.	Buy	331,444	0.65
☰	TAK - Takeda Pharmaceutical Co. Ltd	Buy	2,204,384	0.45
☰	AMX - America Movil SAb De Cv	Buy	1,251,459	0.22
☰	CPG - Crescent Pt Energy Corp	Buy	110,286	0.00
☰	MBT - Mobile Telesystems Pjsc	Reduce 0.96%	57,924	0.01
☰	GIL - Gildan Activewear Inc.	Reduce 1.03%	163,139	0.05
☰	RDS.B - Royal Dutch Shell Plc	Reduce 2.09%	10,804	0.01
☰	VOD - Vodafone Group Plc New	Reduce 2.12%	17,377	0.00
☰	BBL - Bhp Billiton Plc	Reduce 2.47%	5,675	0.00
☰	SNPTY - China Pete & Chem Corp	Reduce 2.89%	1,224	0.00
☰	PKX - Posco	Reduce 4.89%	18,618	0.01
☰	BABA - Alibaba Group Holdings	Reduce 5.17%	92,849	0.16
☰	AMALV - Arcelormittal SA Luxembourg	Reduce 6.61%	30	0.00
☰	BP - BP plc	Reduce 7.06%	49,904	0.02
☰	TSM - Taiwan Semiconductor S.A.	Reduce 7.24%	470,772	0.22
☰	SKM - Sk Telecom Ltd	Reduce 8.71%	333,928	0.10
☰	ABBNY - Abb Ltd	Reduce 8.84%	142,499	0.04
☰	CHL - China Mobile Limited	Reduce 9.00%	155,477	0.08
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 12.11%	249,310	0.02
☰	BCS - Barclays plc ADR	Reduce 13.68%	555,039	0.05
☰	LPL - Lg Display Co Ltd	Reduce 14.42%	19,907	0.00
☰	CUK - Carnival Plc	Reduce 15.48%	47,943	0.03
☰	AVVIY - Astrazeneca Plc	Reduce 18.03%	161,817	0.07
☰	AP47 - Glaxosmithkline Plc	Reduce 27.02%	105,389	0.05
☰	NVS - Novartis AG	Reduce 34.96%	157,344	0.15
☰	SBS - Companhia De SAneamento Basi	Reduce 35.64%	17,044	0.00
☰	FE - Firstenergy Corp	Reduce 38.59%	2,791,516	1.12
☰	AAP - Advance Auto Parts	Reduce 49.43%	845,984	1.53
☰	CEO - Cnooc Ltd	Reduce 59.38%	19	0.00
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Reduce 64.29%	5,400	0.01
☰	GLIN - Vaneck Vectors Etf Tr	Reduce 77.54%	72,072	0.03
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 92.30%	760,059	0.33
☰	HTHT - H World Group Ltd ADR	Reduce 98.04%	1,600	0.00
☰	DEO - Diageo ADR	Reduce 99.90%	119,081	0.18
☰	LLY - Eli Lilly & Co.	Reduce 99.99%	1,107,491	1.28
☰	D - Dominion Energy Inc.	Reduce 100.00%	2,502,283	1.89
☰	SAP - SAP SE	Sell 100.00%	177,134	0.23
☰	EEM - Ishares Tr	Sell 100.00%	11,420	0.01
☰	SODA - Sodastream International Ltd	Sell 100.00%	2,807	0.00
☰	SM - SM Energy Co.	Sell 100.00%	280	0.00
☰	UBS - UBS AG	Sell 100.00%	360	0.00
	Q3 2018
☰	GLIN - Vaneck Vectors Etf Tr	Add 915.95%	83,800	0.04
☰	SODA - Sodastream International Ltd	Add 367.83%	2,207	0.00
☰	WIT - Wipro Ltd ADR	Add 159.91%	80,000	0.01
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 154.17%	499,501	0.22
☰	INFY - Infosys Ltd.	Add 120.82%	161,532	0.02
☰	ASHR - Dbx Etf Tr	Add 114.41%	38,900	0.01
☰	EPI - Wisdomtree Tr	Add 101.53%	1,247,000	0.32
☰	LDOS - Leidos Holdings	Add 95.78%	909,865	0.68
☰	HAL - Halliburton Co.	Add 46.51%	2,734,704	1.19
☰	BAP - Credicorp Ltd.	Add 27.72%	89,984	0.22
☰	TTM-OLD - Tata Mtrs Ltd	Add 21.65%	10,500	0.00
☰	HDB - HDFC Bank Ltd.	Add 19.99%	2,802	0.00
☰	PUK - Prudential Plc ADR	Add 17.15%	122,249	0.06
☰	BIDU - Baidu Inc.	Add 12.72%	497,253	1.22
☰	D - Dominion Energy Inc.	Add 12.59%	279,817	0.21
☰	BTI - British American Tobacco plc	Add 12.16%	92,417	0.05
☰	BCS - Barclays plc ADR	Add 11.63%	422,670	0.04
☰	WFC - Wells Fargo	Add 8.67%	167,127	0.09
☰	TSM - Taiwan Semiconductor S.A.	Add 8.48%	508,295	0.24
☰	BAC - Bank of America Corp.	Add 7.04%	504,727	0.16
☰	VALE - Vale SA	Add 5.92%	530,361	0.08
☰	MBT - Mobile Telesystems Pjsc	Add 4.88%	280,189	0.03
☰	MDLZ - Mondelez International	Add 3.11%	124,931	0.06
☰	VIAB - Viacom Inc New	Add 2.99%	162,214	0.06
☰	ORCL - Oracle Corp.	Add 2.64%	167,726	0.09
☰	SABR - Sabre Corp.	Add 2.52%	308,922	0.09
☰	ECA - Encana Corp	Add 2.24%	1,235,903	0.17
☰	ZBH - Zimmer Biomet Holdings	Add 2.07%	24,599	0.03
☰	MFC - Manulife Financial Corp.	Add 2.05%	1,096,810	0.21
☰	ABBNY - Abb Ltd	Add 1.97%	31,171	0.01
☰	RDS.B - Royal Dutch Shell Plc	Add 1.82%	9,249	0.01
☰	VOD - Vodafone Group Plc New	Add 1.66%	13,365	0.00
☰	LYG - Lloyds TSB Grp Plc ADR	Add 1.12%	45,573	0.00
☰	CHL - China Mobile Limited	Add 1.04%	17,844	0.01
☰	CUK - Carnival Plc	Add 1.03%	3,144	0.00
☰	0YYA - Yy Inc	Add 0.84%	6,720	0.01
☰	DEO - Diageo ADR	Add 0.68%	806	0.00
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 0.48%	9,896	0.00
☰	C - Citigroup Inc.	Add 0.30%	14,646	0.01
☰	AVVIY - Astrazeneca Plc	Add 0.28%	2,506	0.00
☰	GIL - Gildan Activewear Inc.	Add 0.07%	11,151	0.00
☰	BABA - Alibaba Group Holdings	Add 0.02%	324	0.00
☰	RES - RPC, Inc.	Buy	6,408,307	1.07
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Buy	8,400	0.01
☰	BP - BP plc	Reduce 0.14%	975	0.00
☰	ING - ING Group NV	Reduce 0.15%	835	0.00
☰	AMALV - Arcelormittal SA Luxembourg	Reduce 1.30%	6	0.00
☰	PKX - Posco	Reduce 1.74%	6,731	0.01
☰	SKM - Sk Telecom Ltd	Reduce 2.00%	78,255	0.02
☰	NVS - Novartis AG	Reduce 2.56%	11,830	0.01
☰	IBN - ICICI Bank Ltd.	Reduce 5.33%	273,246	0.02
☰	FE - Firstenergy Corp	Reduce 5.79%	444,453	0.18
☰	SIG - Signet Jewelers Limited	Reduce 6.09%	188,981	0.12
☰	VEDL - Vedanta Ltd	Reduce 7.07%	4,458	0.00
☰	JKS - Jinkosolar Hldg Co Ltd	Reduce 8.80%	1,100	0.00
☰	AP47 - Glaxosmithkline Plc	Reduce 9.00%	38,546	0.02
☰	SAP - SAP SE	Reduce 9.06%	17,638	0.02
☰	TAL - TAL Education Group	Reduce 11.43%	1,200	0.00
☰	QCOM - QUALCOMM Inc.	Reduce 14.86%	486,661	0.30
☰	MSFT - Microsoft Corp.	Reduce 15.70%	385,937	0.43
☰	FLS - Flowserve Corp.	Reduce 19.58%	1,167,401	0.53
☰	BBL - Bhp Billiton Plc	Reduce 19.91%	57,092	0.03
☰	AAP - Advance Auto Parts	Reduce 23.93%	538,409	0.82
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 32.03%	4,900	0.00
☰	DQ - Daqo New Energy Corp	Reduce 42.69%	22,500	0.01
☰	LPL - Lg Display Co Ltd	Reduce 44.51%	110,693	0.01
☰	LLY - Eli Lilly & Co.	Reduce 59.54%	1,629,986	1.55
☰	KEP - Korea Electric Pwr	Reduce 66.13%	63,500	0.01
☰	CM - Can Imperial Bk Of Commerce	Reduce 73.80%	3,500,636	0.99
☰	SBS - Companhia De SAneamento Basi	Reduce 96.96%	1,527,697	0.11
☰	EEM - Ishares Tr	Reduce 98.40%	704,380	0.34
☰	PTRCY - Petrochina Co Ltd	Reduce 98.68%	254,000	0.01
☰	HTHT - H World Group Ltd ADR	Reduce 99.56%	367,248	0.21
☰	SM - SM Energy Co.	Reduce 100.00%	6,257,760	1.79
☰	UNH - United Health Group Inc.	Sell 100.00%	457,740	1.25
☰	KB - Kb Financial Group Inc ADR	Sell 100.00%	39,560	0.02
☰	SHG - Shinhan Financial Group Company	Sell 100.00%	28,375	0.01
☰	JASO - Ja Solar Holdings Co Ltd	Sell 100.00%	45,000	0.00
☰	PDCE - Pdc Energy Inc	Sell 100.00%	89	0.00
☰	ANDV - Andeavor	Sell 100.00%	19	0.00
☰	PAY - Verifone Sys Inc	Sell 100.00%	188	0.00
	Q2 2018
☰	PTRCY - Petrochina Co Ltd	Add 7,455.24%	254,000	0.01
☰	EEM - Ishares Tr	Add 587.58%	611,695	0.30
☰	CUK - Carnival Plc	Add 320.13%	233,524	0.15
☰	CM - Can Imperial Bk Of Commerce	Add 270.14%	3,462,074	0.98
☰	BAP - Credicorp Ltd.	Add 138.31%	188,382	0.48
☰	LPL - Lg Display Co Ltd	Add 79.30%	110,000	0.01
☰	MDLZ - Mondelez International	Add 46.63%	1,277,832	0.59
☰	PUK - Prudential Plc ADR	Add 40.31%	204,826	0.10
☰	DQ - Daqo New Energy Corp	Add 35.82%	13,900	0.01
☰	ING - ING Group NV	Add 28.79%	122,887	0.02
☰	0YYA - Yy Inc	Add 26.76%	168,279	0.19
☰	ORCL - Oracle Corp.	Add 22.67%	1,174,493	0.58
☰	FE - Firstenergy Corp	Add 22.48%	1,409,324	0.57
☰	VIAB - Viacom Inc New	Add 18.94%	864,252	0.29
☰	C - Citigroup Inc.	Add 18.82%	784,338	0.59
☰	SKM - Sk Telecom Ltd	Add 18.46%	609,746	0.16
☰	BBL - Bhp Billiton Plc	Add 15.56%	38,603	0.02
☰	ABBNY - Abb Ltd	Add 14.51%	200,401	0.05
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 13.52%	243,917	0.02
☰	NVS - Novartis AG	Add 12.38%	50,885	0.04
☰	LYG - Lloyds TSB Grp Plc ADR	Add 11.08%	406,614	0.01
☰	SABR - Sabre Corp.	Add 10.01%	1,114,966	0.31
☰	BAC - Bank of America Corp.	Add 9.97%	649,647	0.20
☰	PKX - Posco	Add 9.43%	33,380	0.03
☰	BIDU - Baidu Inc.	Add 9.13%	326,938	0.89
☰	GIL - Gildan Activewear Inc.	Add 7.93%	1,158,056	0.36
☰	WFC - Wells Fargo	Add 7.35%	132,043	0.08
☰	EPI - Wisdomtree Tr	Add 6.65%	76,565	0.02
☰	AAP - Advance Auto Parts	Add 6.16%	130,460	0.20
☰	MFC - Manulife Financial Corp.	Add 5.39%	2,729,880	0.55
☰	FLS - Flowserve Corp.	Add 5.23%	296,214	0.13
☰	VALE - Vale SA	Add 5.16%	439,842	0.06
☰	SIG - Signet Jewelers Limited	Add 4.84%	143,437	0.09
☰	QCOM - QUALCOMM Inc.	Add 4.03%	126,851	0.08
☰	VOD - Vodafone Group Plc New	Add 3.15%	24,606	0.01
☰	SAP - SAP SE	Add 2.75%	5,210	0.01
☰	DEO - Diageo ADR	Add 2.12%	2,460	0.00
☰	AVVIY - Astrazeneca Plc	Add 1.70%	14,984	0.01
☰	MBT - Mobile Telesystems Pjsc	Add 0.41%	23,700	0.00
☰	BTI - British American Tobacco plc	Add 0.06%	424	0.00
☰	D - Dominion Energy Inc.	Buy	2,222,510	1.69
☰	ZBH - Zimmer Biomet Holdings	Buy	1,187,863	1.48
☰	LDOS - Leidos Holdings	Buy	949,949	0.63
☰	HTHT - H World Group Ltd ADR	Buy	368,880	0.21
☰	INDA - iShares MSCI India ETF	Buy	572,000	0.21
☰	KB - Kb Financial Group Inc ADR	Buy	39,560	0.02
☰	ASHR - Dbx Etf Tr	Buy	34,000	0.01
☰	SHG - Shinhan Financial Group Company	Buy	28,375	0.01
☰	IBN - ICICI Bank Ltd.	Reduce 0.48%	24,863	0.00
☰	BCS - Barclays plc ADR	Reduce 1.14%	41,789	0.01
☰	BABA - Alibaba Group Holdings	Reduce 2.11%	38,638	0.08
☰	CHL - China Mobile Limited	Reduce 2.82%	49,624	0.03
☰	RDS.B - Royal Dutch Shell Plc	Reduce 6.36%	34,449	0.03
☰	HAL - Halliburton Co.	Reduce 11.26%	745,752	0.15
☰	TSM - Taiwan Semiconductor S.A.	Reduce 11.60%	787,181	0.41
☰	ECA - Encana Corp	Reduce 15.76%	10,339,246	1.36
☰	UNH - United Health Group Inc.	Reduce 20.08%	115,012	0.30
☰	BP - BP plc	Reduce 21.06%	188,846	0.09
☰	MSFT - Microsoft Corp.	Reduce 24.62%	802,841	0.88
☰	LLY - Eli Lilly & Co.	Reduce 26.13%	968,402	0.90
☰	SM - SM Energy Co.	Reduce 29.55%	2,624,291	0.57
☰	SBS - Companhia De SAneamento Basi	Reduce 30.78%	700,572	0.09
☰	KEP - Korea Electric Pwr	Reduce 42.17%	70,015	0.01
☰	WIT - Wipro Ltd ADR	Reduce 43.85%	39,073	0.00
☰	AP47 - Glaxosmithkline Plc	Reduce 53.46%	492,251	0.23
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 70.25%	764,981	0.43
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 75.32%	46,700	0.01
☰	CEO - Cnooc Ltd	Reduce 76.30%	103	0.00
☰	ANDV - Andeavor	Reduce 100.00%	418,795	0.50
☰	PAY - Verifone Sys Inc	Reduce 100.00%	8,439,144	1.55
☰	PDCE - Pdc Energy Inc	Reduce 100.00%	4,019,586	2.36
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Sell 100.00%	10,716	0.02
☰	KT - KT Corp.	Sell 100.00%	73,200	0.01
☰	CL4A - China Lodging Group Ltd	Sell 100.00%	1,247	0.00
	Q1 2018
☰	FE - Firstenergy Corp	Add 187.72%	4,090,338	1.66
☰	MFC - Manulife Financial Corp.	Add 105.74%	26,044,690	5.80
☰	AP47 - Glaxosmithkline Plc	Add 46.12%	290,614	0.14
☰	PUK - Prudential Plc ADR	Add 35.67%	133,612	0.08
☰	SBS - Companhia De SAneamento Basi	Add 32.04%	552,325	0.07
☰	0YYA - Yy Inc	Add 31.18%	149,434	0.19
☰	VALE - Vale SA	Add 30.44%	1,987,925	0.30
☰	BTI - British American Tobacco plc	Add 29.99%	175,246	0.12
☰	LLY - Eli Lilly & Co.	Add 28.68%	825,928	0.76
☰	ING - ING Group NV	Add 27.09%	90,982	0.02
☰	TSM - Taiwan Semiconductor S.A.	Add 23.93%	1,309,782	0.69
☰	NVS - Novartis AG	Add 21.71%	73,335	0.07
☰	BP - BP plc	Add 21.00%	155,611	0.08
☰	BAP - Credicorp Ltd.	Add 18.64%	21,400	0.06
☰	BAC - Bank of America Corp.	Add 17.27%	960,189	0.34
☰	SAP - SAP SE	Add 17.18%	27,798	0.04
☰	MBT - Mobile Telesystems Pjsc	Add 16.23%	797,651	0.11
☰	VOD - Vodafone Group Plc New	Add 15.27%	103,370	0.03
☰	CHL - China Mobile Limited	Add 13.82%	213,559	0.12
☰	HAL - Halliburton Co.	Add 12.40%	730,828	0.15
☰	ABBNY - Abb Ltd	Add 11.57%	143,279	0.04
☰	BBL - Bhp Billiton Plc	Add 10.56%	23,703	0.01
☰	SKM - Sk Telecom Ltd	Add 8.49%	258,310	0.08
☰	AVVIY - Astrazeneca Plc	Add 8.08%	65,763	0.03
☰	DEO - Diageo ADR	Add 7.84%	8,426	0.01
☰	RDS.B - Royal Dutch Shell Plc	Add 4.85%	25,058	0.02
☰	FLS - Flowserve Corp.	Add 4.19%	227,660	0.12
☰	PAY - Verifone Sys Inc	Add 3.98%	322,812	0.06
☰	QCOM - QUALCOMM Inc.	Add 3.70%	112,479	0.07
☰	ORCL - Oracle Corp.	Add 3.44%	172,330	0.09
☰	AAP - Advance Auto Parts	Add 3.33%	68,264	0.10
☰	SIG - Signet Jewelers Limited	Add 3.21%	92,240	0.04
☰	SABR - Sabre Corp.	Add 2.92%	315,866	0.08
☰	SM - SM Energy Co.	Add 2.86%	247,376	0.05
☰	ECA - Encana Corp	Add 2.42%	1,547,082	0.20
☰	VIAB - Viacom Inc New	Add 2.25%	100,455	0.04
☰	BCS - Barclays plc ADR	Add 1.33%	48,189	0.01
☰	GIL - Gildan Activewear Inc.	Add 0.79%	114,443	0.04
☰	MDLZ - Mondelez International	Buy	2,740,323	1.37
☰	WFC - Wells Fargo	Buy	1,796,480	1.13
☰	ANDV - Andeavor	Buy	418,814	0.50
☰	DQ - Daqo New Energy Corp	Buy	38,800	0.02
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Buy	10,716	0.02
☰	BIDU - Baidu Inc.	Reduce 0.58%	20,957	0.06
☰	SNPTY - China Pete & Chem Corp	Reduce 0.66%	280	0.00
☰	PKX - Posco	Reduce 0.81%	2,886	0.00
☰	LPL - Lg Display Co Ltd	Reduce 1.13%	1,587	0.00
☰	KEP - Korea Electric Pwr	Reduce 1.35%	2,266	0.00
☰	C - Citigroup Inc.	Reduce 7.04%	315,780	0.28
☰	MSFT - Microsoft Corp.	Reduce 8.76%	312,895	0.32
☰	BABA - Alibaba Group Holdings	Reduce 9.56%	193,948	0.40
☰	IBN - ICICI Bank Ltd.	Reduce 13.50%	804,573	0.09
☰	CM - Can Imperial Bk Of Commerce	Reduce 14.12%	210,684	0.24
☰	LYG - Lloyds TSB Grp Plc ADR	Reduce 14.16%	605,409	0.03
☰	PDCE - Pdc Energy Inc	Reduce 15.87%	758,202	0.47
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 20.03%	451,917	0.05
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 29.20%	449,213	0.25
☰	UNH - United Health Group Inc.	Reduce 33.05%	282,698	0.74
☰	UBS - UBS AG	Reduce 40.98%	250	0.00
☰	JKS - Jinkosolar Hldg Co Ltd	Reduce 41.04%	8,700	0.00
☰	INFY - Infosys Ltd.	Reduce 44.76%	108,315	0.02
☰	EPI - Wisdomtree Tr	Reduce 49.14%	1,112,879	0.37
☰	RDY - Dr Reddys Labs Ltd	Reduce 55.02%	52,843	0.02
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 57.90%	66,709	0.03
☰	AMALV - Arcelormittal SA Luxembourg	Reduce 62.60%	770	0.00
☰	HDB - HDFC Bank Ltd.	Reduce 66.19%	27,434	0.03
☰	CUK - Carnival Plc	Reduce 74.43%	212,296	0.17
☰	EEM - Ishares Tr	Reduce 86.26%	653,826	0.37
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 94.88%	1,147,887	0.13
☰	CL4A - China Lodging Group Ltd	Reduce 96.43%	33,653	0.06
☰	NTES - NetEase.com Inc.	Reduce 98.63%	72,091	0.30
☰	CEO - Cnooc Ltd	Reduce 99.87%	102,960	0.18
☰	CSRA - Csra Inc	Sell 100.00%	6,459,955	2.31
☰	ARCH - Arch Coal Inc	Sell 100.00%	837,056	0.93
☰	MOMO - Momo Inc	Sell 100.00%	537,600	0.16
☰	INDA - iShares MSCI India ETF	Sell 100.00%	182,800	0.08
☰	ATHM - Autohome Inc	Sell 100.00%	78,600	0.06
☰	JD - JD.com Inc.	Sell 100.00%	17,400	0.01
☰	SNY - Sanofi Aventis	Sell 100.00%	361	0.00
☰	RENX - Relx NV	Sell 100.00%	383	0.00
☰	TTEN - Total S A	Sell 100.00%	53	0.00
	Q4 2017
☰	GLIN - Vaneck Vectors Etf Tr	Add 265.96%	6,649	0.01
☰	CM - Can Imperial Bk Of Commerce	Add 200.73%	996,040	1.15
☰	WIT - Wipro Ltd ADR	Add 111.14%	46,900	0.01
☰	INDA - iShares MSCI India ETF	Add 61.34%	69,500	0.03
☰	FLS - Flowserve Corp.	Add 30.17%	1,260,369	0.63
☰	INFY - Infosys Ltd.	Add 28.93%	54,300	0.01
☰	VEDL - Vedanta Ltd	Add 18.40%	9,800	0.00
☰	BCS - Barclays plc ADR	Add 17.32%	535,651	0.07
☰	VIAB - Viacom Inc New	Add 16.60%	635,131	0.23
☰	EPI - Wisdomtree Tr	Add 15.91%	310,800	0.10
☰	AP47 - Glaxosmithkline Plc	Add 14.39%	79,253	0.03
☰	HAL - Halliburton Co.	Add 14.20%	732,990	0.43
☰	CUK - Carnival Plc	Add 13.04%	32,902	0.03
☰	BBL - Bhp Billiton Plc	Add 12.57%	25,072	0.01
☰	CSRA - Csra Inc	Add 12.47%	716,118	0.26
☰	MBT - Mobile Telesystems Pjsc	Add 12.21%	534,800	0.07
☰	NVS - Novartis AG	Add 8.77%	27,228	0.03
☰	BTI - British American Tobacco plc	Add 8.56%	46,058	0.04
☰	GIL - Gildan Activewear Inc.	Add 6.80%	922,009	0.36
☰	ING - ING Group NV	Add 6.46%	20,366	0.00
☰	PUK - Prudential Plc ADR	Add 6.18%	21,793	0.01
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 5.91%	125,877	0.01
☰	BP - BP plc	Add 5.84%	40,876	0.02
☰	ABBNY - Abb Ltd	Add 5.52%	64,735	0.02
☰	SAP - SAP SE	Add 5.49%	8,422	0.01
☰	AVVIY - Astrazeneca Plc	Add 4.72%	36,660	0.02
☰	SIG - Signet Jewelers Limited	Add 4.38%	120,375	0.08
☰	DEO - Diageo ADR	Add 4.07%	4,201	0.01
☰	VOD - Vodafone Group Plc New	Add 4.00%	26,056	0.01
☰	MFC - Manulife Financial Corp.	Add 3.56%	846,282	0.21
☰	SKM - Sk Telecom Ltd	Add 3.04%	89,922	0.03
☰	MOMO - Momo Inc	Add 2.73%	14,300	0.00
☰	AAP - Advance Auto Parts	Add 1.81%	36,505	0.04
☰	LYG - Lloyds TSB Grp Plc ADR	Add 0.69%	29,449	0.00
☰	SNPTY - China Pete & Chem Corp	Add 0.23%	100	0.00
☰	FE - Firstenergy Corp	Buy	2,178,906	0.80
☰	EEM - Ishares Tr	Buy	757,931	0.43
☰	BAP - Credicorp Ltd.	Buy	114,800	0.28
☰	ATHM - Autohome Inc	Buy	78,600	0.06
☰	SBS - Companhia De SAneamento Basi	Reduce 0.58%	10,100	0.00
☰	SABR - Sabre Corp.	Reduce 0.73%	79,493	0.02
☰	TSM - Taiwan Semiconductor S.A.	Reduce 0.74%	40,700	0.02
☰	BIDU - Baidu Inc.	Reduce 0.84%	30,380	0.10
☰	PAY - Verifone Sys Inc	Reduce 0.93%	76,013	0.02
☰	PKX - Posco	Reduce 1.00%	3,600	0.00
☰	CHL - China Mobile Limited	Reduce 1.63%	25,655	0.02
☰	PDCE - Pdc Energy Inc	Reduce 1.65%	80,048	0.05
☰	SM - SM Energy Co.	Reduce 2.62%	232,349	0.05
☰	BAC - Bank of America Corp.	Reduce 3.06%	175,428	0.06
☰	UNH - United Health Group Inc.	Reduce 3.72%	33,059	0.04
☰	MSFT - Microsoft Corp.	Reduce 3.95%	147,051	0.14
☰	BABA - Alibaba Group Holdings	Reduce 4.05%	85,682	0.19
☰	LLY - Eli Lilly & Co.	Reduce 4.25%	127,928	0.14
☰	ORCL - Oracle Corp.	Reduce 4.30%	225,115	0.14
☰	HDB - HDFC Bank Ltd.	Reduce 4.38%	1,900	0.00
☰	ECA - Encana Corp	Reduce 9.61%	6,807,828	1.01
☰	LPL - Lg Display Co Ltd	Reduce 13.34%	21,600	0.00
☰	ARCH - Arch Coal Inc	Reduce 13.81%	134,074	0.12
☰	IBN - ICICI Bank Ltd.	Reduce 16.68%	1,192,800	0.13
☰	VALE - Vale SA	Reduce 16.98%	1,335,153	0.16
☰	0YYA - Yy Inc	Reduce 18.80%	111,000	0.12
☰	C - Citigroup Inc.	Reduce 18.82%	1,039,781	0.98
☰	QCOM - QUALCOMM Inc.	Reduce 19.36%	729,028	0.48
☰	RDS.B - Royal Dutch Shell Plc	Reduce 19.42%	124,415	0.10
☰	KEP - Korea Electric Pwr	Reduce 20.20%	42,600	0.01
☰	RENX - Relx NV	Reduce 20.87%	101	0.00
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 26.05%	541,855	0.30
☰	UBS - UBS AG	Reduce 28.65%	245	0.00
☰	CEO - Cnooc Ltd	Reduce 34.25%	53,703	0.09
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 35.75%	673,340	0.08
☰	SNY - Sanofi Aventis	Reduce 37.22%	214	0.00
☰	NTES - NetEase.com Inc.	Reduce 39.79%	48,300	0.16
☰	TTEN - Total S A	Reduce 48.54%	50	0.00
☰	AMALV - Arcelormittal SA Luxembourg	Reduce 57.51%	1,665	0.00
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 81.06%	493,200	0.19
☰	TAL - TAL Education Group	Reduce 93.00%	139,600	0.06
☰	JD - JD.com Inc.	Reduce 98.26%	984,600	0.47
	Q3 2017
☰	TAL - TAL Education Group	Add 486.33%	124,500	0.05
☰	AVVIY - Astrazeneca Plc	Add 87.40%	362,601	0.15
☰	SABR - Sabre Corp.	Add 60.23%	4,097,559	0.94
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 57.96%	781,851	0.08
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 43.49%	630,439	0.35
☰	BP - BP plc	Add 35.75%	184,426	0.09
☰	AP47 - Glaxosmithkline Plc	Add 29.61%	125,863	0.06
☰	BTI - British American Tobacco plc	Add 27.18%	115,041	0.09
☰	VALE - Vale SA	Add 27.15%	1,679,300	0.20
☰	FLS - Flowserve Corp.	Add 22.03%	754,141	0.41
☰	IBN - ICICI Bank Ltd.	Add 20.59%	1,220,900	0.13
☰	BAC - Bank of America Corp.	Add 19.24%	925,258	0.30
☰	AAP - Advance Auto Parts	Add 19.02%	321,999	0.40
☰	BCS - Barclays plc ADR	Add 18.45%	481,768	0.06
☰	BABA - Alibaba Group Holdings	Add 15.94%	290,600	0.63
☰	MBT - Mobile Telesystems Pjsc	Add 15.42%	585,400	0.08
☰	CEO - Cnooc Ltd	Add 10.46%	14,843	0.02
☰	MFC - Manulife Financial Corp.	Add 9.90%	2,143,208	0.55
☰	VOD - Vodafone Group Plc New	Add 9.47%	56,309	0.02
☰	RDS.B - Royal Dutch Shell Plc	Add 8.71%	51,320	0.04
☰	VEDL - Vedanta Ltd	Add 8.56%	4,200	0.00
☰	LYG - Lloyds TSB Grp Plc ADR	Add 6.52%	259,693	0.01
☰	CHL - China Mobile Limited	Add 5.89%	87,356	0.06
☰	ABBNY - Abb Ltd	Add 3.94%	44,475	0.01
☰	GIL - Gildan Activewear Inc.	Add 3.71%	484,937	0.19
☰	DEO - Diageo ADR	Add 3.66%	3,643	0.01
☰	ECA - Encana Corp	Add 2.88%	1,983,860	0.30
☰	SKM - Sk Telecom Ltd	Add 2.68%	77,009	0.02
☰	JD - JD.com Inc.	Add 2.23%	21,900	0.01
☰	PKX - Posco	Add 1.38%	4,900	0.00
☰	0YYA - Yy Inc	Add 1.22%	7,100	0.01
☰	SBS - Companhia De SAneamento Basi	Add 0.98%	16,900	0.00
☰	VIAB - Viacom Inc New	Buy	3,827,203	1.35
☰	CM - Can Imperial Bk Of Commerce	Buy	496,210	0.55
☰	MOMO - Momo Inc	Buy	523,300	0.21
☰	CL4A - China Lodging Group Ltd	Buy	34,900	0.05
☰	CUK - Carnival Plc	Reduce 1.05%	2,689	0.00
☰	SAP - SAP SE	Reduce 1.89%	2,954	0.00
☰	BIDU - Baidu Inc.	Reduce 3.37%	126,681	0.31
☰	HAL - Halliburton Co.	Reduce 4.02%	216,070	0.13
☰	PDCE - Pdc Energy Inc	Reduce 4.47%	227,197	0.14
☰	QCOM - QUALCOMM Inc.	Reduce 6.05%	242,417	0.19
☰	SIG - Signet Jewelers Limited	Reduce 6.31%	185,123	0.16
☰	PAY - Verifone Sys Inc	Reduce 7.12%	628,288	0.16
☰	CSRA - Csra Inc	Reduce 7.65%	475,661	0.21
☰	LLY - Eli Lilly & Co.	Reduce 7.99%	261,293	0.30
☰	MSFT - Microsoft Corp.	Reduce 8.20%	332,505	0.32
☰	SNPTY - China Pete & Chem Corp	Reduce 8.58%	4,000	0.00
☰	SM - SM Energy Co.	Reduce 8.79%	854,520	0.20
☰	RENX - Relx NV	Reduce 9.02%	48	0.00
☰	ARCH - Arch Coal Inc	Reduce 10.91%	118,930	0.11
☰	TSM - Taiwan Semiconductor S.A.	Reduce 11.51%	716,900	0.35
☰	NVS - Novartis AG	Reduce 15.85%	58,492	0.07
☰	KEP - Korea Electric Pwr	Reduce 16.14%	40,600	0.01
☰	C - Citigroup Inc.	Reduce 16.39%	1,082,508	1.00
☰	ORCL - Oracle Corp.	Reduce 17.87%	1,138,883	0.79
☰	EPI - Wisdomtree Tr	Reduce 21.21%	526,000	0.18
☰	PUK - Prudential Plc ADR	Reduce 22.33%	101,411	0.06
☰	UNH - United Health Group Inc.	Reduce 28.10%	347,170	0.89
☰	LPL - Lg Display Co Ltd	Reduce 28.20%	63,600	0.01
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 30.16%	262,700	0.12
☰	HDB - HDFC Bank Ltd.	Reduce 32.11%	20,500	0.03
☰	BBL - Bhp Billiton Plc	Reduce 34.57%	105,366	0.04
☰	ING - ING Group NV	Reduce 35.46%	173,311	0.04
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 37.08%	1,110,000	0.11
☰	INFY - Infosys Ltd.	Reduce 48.28%	175,200	0.04
☰	RDY - Dr Reddys Labs Ltd	Reduce 49.06%	92,500	0.05
☰	NTES - NetEase.com Inc.	Reduce 54.92%	147,900	0.62
☰	JASO - Ja Solar Holdings Co Ltd	Reduce 62.09%	73,700	0.01
☰	INDA - iShares MSCI India ETF	Reduce 63.39%	196,205	0.09
☰	TTEN - Total S A	Reduce 80.93%	437	0.00
☰	AMALV - Arcelormittal SA Luxembourg	Reduce 99.11%	322,059	0.10
☰	SNY - Sanofi Aventis	Reduce 99.41%	96,461	0.06
	Q2 2017
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 1,832.17%	1,374,585	0.78
☰	MBT - Mobile Telesystems Pjsc	Add 459.27%	3,117,200	0.36
☰	HAL - Halliburton Co.	Add 140.93%	3,145,390	1.86
☰	FLS - Flowserve Corp.	Add 113.03%	1,816,142	1.17
☰	WIT - Wipro Ltd ADR	Add 100.00%	21,100	0.00
☰	BCS - Barclays plc ADR	Add 72.84%	1,100,216	0.16
☰	PDCE - Pdc Energy Inc	Add 54.66%	1,797,194	1.07
☰	ECA - Encana Corp	Add 41.21%	20,097,353	2.45
☰	SM - SM Energy Co.	Add 40.70%	2,812,160	0.64
☰	MFC - Manulife Financial Corp.	Add 37.31%	5,880,523	1.52
☰	0YYA - Yy Inc	Add 36.71%	156,600	0.13
☰	LLY - Eli Lilly & Co.	Add 35.88%	863,319	0.98
☰	AP47 - Glaxosmithkline Plc	Add 34.72%	109,532	0.06
☰	VOD - Vodafone Group Plc New	Add 28.88%	133,260	0.05
☰	SIG - Signet Jewelers Limited	Add 20.29%	495,011	0.43
☰	AAP - Advance Auto Parts	Add 19.56%	276,945	0.45
☰	AUOTY - Au Optronics Corp	Add 18.92%	33,500	0.00
☰	EWT - Ishares Msci Taiwan ETF	Add 18.88%	9,400	0.00
☰	CHT - Chunghwa Telecom Co Ltd	Add 18.82%	7,000	0.00
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 13.50%	160,438	0.02
☰	CHL - China Mobile Limited	Add 12.26%	161,971	0.12
☰	RDS.B - Royal Dutch Shell Plc	Add 12.16%	63,879	0.05
☰	PAY - Verifone Sys Inc	Add 10.51%	838,982	0.21
☰	INDA - iShares MSCI India ETF	Add 9.79%	27,600	0.01
☰	GIL - Gildan Activewear Inc.	Add 9.49%	1,132,835	0.48
☰	CSRA - Csra Inc	Add 9.38%	533,419	0.23
☰	NVS - Novartis AG	Add 9.13%	30,857	0.04
☰	CEO - Cnooc Ltd	Add 8.94%	11,646	0.02
☰	DEO - Diageo ADR	Add 5.90%	5,551	0.01
☰	ING - ING Group NV	Add 5.17%	24,016	0.01
☰	SAP - SAP SE	Add 4.75%	7,089	0.01
☰	BTI - British American Tobacco plc	Add 4.39%	17,797	0.02
☰	BIDU - Baidu Inc.	Add 4.30%	154,836	0.38
☰	QCOM - QUALCOMM Inc.	Add 3.71%	143,287	0.11
☰	BAC - Bank of America Corp.	Add 3.15%	146,950	0.05
☰	SKM - Sk Telecom Ltd	Add 1.71%	48,373	0.02
☰	ORCL - Oracle Corp.	Add 1.65%	103,673	0.07
☰	BABA - Alibaba Group Holdings	Add 1.59%	28,600	0.06
☰	JKS - Jinkosolar Hldg Co Ltd	Add 1.44%	300	0.00
☰	UNH - United Health Group Inc.	Add 1.35%	16,402	0.04
☰	C - Citigroup Inc.	Add 0.91%	59,861	0.06
☰	MSFT - Microsoft Corp.	Add 0.79%	31,794	0.03
☰	PKX - Posco	Add 0.14%	500	0.00
☰	SABR - Sabre Corp.	Buy	6,803,547	2.05
☰	ARCH - Arch Coal Inc	Buy	1,090,060	1.03
☰	JD - JD.com Inc.	Buy	980,100	0.54
☰	BP - BP plc	Buy	515,839	0.25
☰	BBL - Bhp Billiton Plc	Buy	304,758	0.13
☰	SBS - Companhia De SAneamento Basi	Reduce 0.81%	14,000	0.00
☰	EPI - Wisdomtree Tr	Reduce 1.92%	48,418	0.02
☰	HDB - HDFC Bank Ltd.	Reduce 2.15%	1,400	0.00
☰	KT - KT Corp.	Reduce 3.43%	2,600	0.00
☰	RDY - Dr Reddys Labs Ltd	Reduce 4.72%	9,343	0.01
☰	KEP - Korea Electric Pwr	Reduce 6.89%	18,600	0.01
☰	TSM - Taiwan Semiconductor S.A.	Reduce 7.07%	473,800	0.23
☰	JASO - Ja Solar Holdings Co Ltd	Reduce 7.48%	9,600	0.00
☰	LPL - Lg Display Co Ltd	Reduce 7.58%	18,500	0.00
☰	LYG - Lloyds TSB Grp Plc ADR	Reduce 7.60%	327,552	0.02
☰	ABBNY - Abb Ltd	Reduce 7.84%	95,983	0.03
☰	IBN - ICICI Bank Ltd.	Reduce 11.02%	734,470	0.10
☰	SNPTY - China Pete & Chem Corp	Reduce 11.57%	6,100	0.01
☰	CUK - Carnival Plc	Reduce 12.59%	36,732	0.03
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 12.95%	445,100	0.06
☰	VALE - Vale SA	Reduce 14.99%	1,090,700	0.15
☰	NTES - NetEase.com Inc.	Reduce 16.75%	54,200	0.23
☰	PUK - Prudential Plc ADR	Reduce 20.39%	116,310	0.07
☰	TAL - TAL Education Group	Reduce 20.50%	6,600	0.01
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 35.50%	479,400	0.26
☰	AVVIY - Astrazeneca Plc	Reduce 43.56%	320,206	0.15
☰	RENX - Relx NV	Reduce 56.89%	702	0.00
☰	AMALV - Arcelormittal SA Luxembourg	Reduce 62.97%	552,660	0.07
☰	SNY - Sanofi Aventis	Reduce 68.25%	208,584	0.14
☰	INFY - Infosys Ltd.	Reduce 75.61%	1,125,300	0.27
☰	TTEN - Total S A	Reduce 99.69%	171,878	0.13
☰	UBS - UBS AG	Reduce 99.78%	379,943	0.09
☰	PVH - PVH Corp.	Sell 100.00%	963,579	1.72
☰	CCL - Carnival Corp.	Sell 100.00%	217,578	0.22
☰	FMX - Fomento Economico Mexicano	Sell 100.00%	29,000	0.04
☰	IMO - Imperial Oil Ltd.	Sell 100.00%	2	0.00
	Q1 2017
☰	GIL - Gildan Activewear Inc.	Add 392.65%	9,517,241	3.87
☰	SM - SM Energy Co.	Add 230.06%	4,816,230	1.99
☰	MFC - Manulife Financial Corp.	Add 196.58%	10,447,098	2.78
☰	ECA - Encana Corp	Add 95.16%	23,779,815	4.18
☰	BTI - British American Tobacco plc	Add 93.31%	195,681	0.19
☰	SIG - Signet Jewelers Limited	Add 61.34%	927,355	1.11
☰	PDCE - Pdc Energy Inc	Add 54.09%	1,154,136	1.24
☰	AAP - Advance Auto Parts	Add 44.42%	435,424	1.11
☰	INDA - iShares MSCI India ETF	Add 43.68%	85,700	0.04
☰	AVVIY - Astrazeneca Plc	Add 42.84%	220,450	0.10
☰	HAL - Halliburton Co.	Add 37.32%	606,528	0.51
☰	0YYA - Yy Inc	Add 33.23%	106,400	0.07
☰	VALE - Vale SA	Add 26.48%	1,523,500	0.21
☰	CHL - China Mobile Limited	Add 23.21%	248,943	0.21
☰	BIDU - Baidu Inc.	Add 20.42%	611,124	1.58
☰	BAC - Bank of America Corp.	Add 20.36%	788,775	0.32
☰	EWT - Ishares Msci Taiwan ETF	Add 19.71%	8,200	0.00
☰	GLIN - Vaneck Vectors Etf Tr	Add 19.05%	400	0.00
☰	KEP - Korea Electric Pwr	Add 18.73%	42,600	0.01
☰	CSRA - Csra Inc	Add 16.75%	815,575	0.41
☰	UNH - United Health Group Inc.	Add 16.64%	173,916	0.49
☰	AUOTY - Au Optronics Corp	Add 16.59%	25,200	0.00
☰	C - Citigroup Inc.	Add 15.44%	875,441	0.90
☰	QCOM - QUALCOMM Inc.	Add 13.98%	473,982	0.47
☰	MSFT - Microsoft Corp.	Add 13.36%	473,899	0.54
☰	PAY - Verifone Sys Inc	Add 11.51%	823,780	0.27
☰	BABA - Alibaba Group Holdings	Add 8.36%	138,500	0.23
☰	AP47 - Glaxosmithkline Plc	Add 7.11%	20,955	0.01
☰	LPL - Lg Display Co Ltd	Add 7.06%	16,100	0.00
☰	VOD - Vodafone Group Plc New	Add 6.63%	28,689	0.01
☰	NVS - Novartis AG	Add 6.33%	20,131	0.02
☰	PUK - Prudential Plc ADR	Add 5.08%	27,581	0.02
☰	LYG - Lloyds TSB Grp Plc ADR	Add 4.68%	192,637	0.01
☰	ORCL - Oracle Corp.	Add 4.45%	267,310	0.21
☰	RDS.B - Royal Dutch Shell Plc	Add 4.33%	21,811	0.02
☰	ABBNY - Abb Ltd	Add 4.17%	48,997	0.02
☰	BCS - Barclays plc ADR	Add 3.74%	54,505	0.01
☰	DEO - Diageo ADR	Add 2.92%	2,666	0.00
☰	IBN - ICICI Bank Ltd.	Add 2.83%	183,300	0.02
☰	CEO - Cnooc Ltd	Add 2.10%	2,681	0.00
☰	CUK - Carnival Plc	Add 1.52%	4,363	0.00
☰	ING - ING Group NV	Add 0.83%	3,846	0.00
☰	UBS - UBS AG	Add 0.62%	2,334	0.00
☰	AMALV - Arcelormittal SA Luxembourg	Add 0.04%	327	0.00
☰	FLS - Flowserve Corp.	Buy	1,606,831	1.33
☰	SBS - Companhia De SAneamento Basi	Buy	1,730,972	0.27
☰	SODA - Sodastream International Ltd	Buy	600	0.00
☰	PKX - Posco	Reduce 0.56%	2,000	0.00
☰	SNPTY - China Pete & Chem Corp	Reduce 0.75%	400	0.00
☰	SKM - Sk Telecom Ltd	Reduce 4.72%	140,153	0.05
☰	TSM - Taiwan Semiconductor S.A.	Reduce 4.84%	341,100	0.17
☰	SAP - SAP SE	Reduce 5.29%	8,342	0.01
☰	INFY - Infosys Ltd.	Reduce 7.05%	112,800	0.03
☰	RDY - Dr Reddys Labs Ltd	Reduce 9.20%	20,057	0.02
☰	TAL - TAL Education Group	Reduce 12.02%	4,400	0.01
☰	SNY - Sanofi Aventis	Reduce 13.38%	47,221	0.03
☰	EPI - Wisdomtree Tr	Reduce 14.68%	435,100	0.15
☰	NTES - NetEase.com Inc.	Reduce 20.91%	85,500	0.33
☰	LLY - Eli Lilly & Co.	Reduce 22.42%	695,231	1.06
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 24.29%	433,200	0.26
☰	JASO - Ja Solar Holdings Co Ltd	Reduce 25.49%	43,900	0.00
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 26.33%	1,229,000	0.19
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 29.66%	501,276	0.07
☰	JKS - Jinkosolar Hldg Co Ltd	Reduce 31.25%	9,500	0.00
☰	PVH - PVH Corp.	Reduce 37.52%	578,657	1.08
☰	CHT - Chunghwa Telecom Co Ltd	Reduce 40.86%	25,700	0.01
☰	PTRCY - Petrochina Co Ltd	Reduce 46.82%	3,000	0.00
☰	TTEN - Total S A	Reduce 60.06%	259,272	0.23
☰	HDB - HDFC Bank Ltd.	Reduce 64.20%	117,000	0.12
☰	FMX - Fomento Economico Mexicano	Reduce 67.34%	59,800	0.08
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 78.29%	270,494	0.17
☰	73HK - Ryanair Hldgs Plc	Reduce 81.25%	26	0.00
☰	CCL - Carnival Corp.	Reduce 93.19%	2,977,645	3.21
☰	VEDL - Vedanta Ltd	Reduce 98.99%	4,788,442	0.28
☰	RENX - Relx NV	Reduce 99.66%	362,718	0.10
☰	CSX - CSX Corp.	Sell 100.00%	4,384,375	3.26
☰	JNJ - Johnson & Johnson	Sell 100.00%	769,679	1.84
☰	EEM - Ishares Tr	Sell 100.00%	288,172	0.18
☰	IEMG - iShares Core MSCI Emerging Markets ETF	Sell 100.00%	112,900	0.08
☰	AMX - America Movil SAb De Cv	Sell 100.00%	26,000	0.01
☰	ABEV - Ambev S.A.	Sell 100.00%	37,300	0.00
☰	ALL - Allstate Corp.	Sell 100.00%	30	0.00
☰	CAB - Cabela's Inc	Sell 100.00%	19	0.00
	Q4 2016
☰	VEDL - Vedanta Ltd	Add 9,757.40%	4,788,442	0.28
☰	0YYA - Yy Inc	Add 342.88%	247,900	0.17
☰	ABBNY - Abb Ltd	Add 210.19%	796,633	0.28
☰	CHT - Chunghwa Telecom Co Ltd	Add 91.19%	30,000	0.01
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 41.02%	100,500	0.06
☰	LLY - Eli Lilly & Co.	Add 34.05%	787,752	1.20
☰	PUK - Prudential Plc ADR	Add 33.17%	135,223	0.09
☰	AAP - Advance Auto Parts	Add 25.20%	197,328	0.69
☰	NTES - NetEase.com Inc.	Add 23.68%	78,300	0.30
☰	HDB - HDFC Bank Ltd.	Add 17.69%	27,400	0.03
☰	PVH - PVH Corp.	Add 14.28%	192,702	0.36
☰	RDY - Dr Reddys Labs Ltd	Add 13.78%	26,400	0.02
☰	ECA - Encana Corp	Add 13.49%	2,970,189	0.61
☰	PDCE - Pdc Energy Inc	Add 12.82%	242,528	0.36
☰	BABA - Alibaba Group Holdings	Add 11.17%	166,370	0.26
☰	QCOM - QUALCOMM Inc.	Add 10.93%	334,143	0.45
☰	PAY - Verifone Sys Inc	Add 9.71%	633,247	0.23
☰	ORCL - Oracle Corp.	Add 9.43%	517,306	0.41
☰	LPL - Lg Display Co Ltd	Add 9.20%	19,200	0.00
☰	JNJ - Johnson & Johnson	Add 9.12%	64,344	0.15
☰	IBN - ICICI Bank Ltd.	Add 9.02%	536,300	0.07
☰	BIDU - Baidu Inc.	Add 7.76%	215,613	0.62
☰	CSRA - Csra Inc	Add 7.66%	346,718	0.23
☰	TSM - Taiwan Semiconductor S.A.	Add 7.30%	479,400	0.25
☰	SIG - Signet Jewelers Limited	Add 6.58%	93,339	0.18
☰	PKX - Posco	Add 5.75%	19,400	0.02
☰	RDS.B - Royal Dutch Shell Plc	Add 5.06%	24,271	0.02
☰	INFY - Infosys Ltd.	Add 4.99%	76,100	0.02
☰	CCL - Carnival Corp.	Add 4.86%	148,118	0.16
☰	SNPTY - China Pete & Chem Corp	Add 4.51%	2,290	0.00
☰	UNH - United Health Group Inc.	Add 4.03%	40,501	0.13
☰	BTI - British American Tobacco plc	Add 3.58%	7,250	0.01
☰	TTM-OLD - Tata Mtrs Ltd	Add 3.33%	57,400	0.04
☰	CHL - China Mobile Limited	Add 1.85%	19,504	0.02
☰	VOD - Vodafone Group Plc New	Add 0.54%	2,323	0.00
☰	KEP - Korea Electric Pwr	Add 0.04%	100	0.00
☰	BAC - Bank of America Corp.	Buy	3,873,312	1.77
☰	GIL - Gildan Activewear Inc.	Buy	2,423,856	1.08
☰	EEM - Ishares Tr	Buy	288,172	0.18
☰	IEMG - iShares Core MSCI Emerging Markets ETF	Buy	112,900	0.08
☰	TAL - TAL Education Group	Buy	36,600	0.05
☰	IMO - Imperial Oil Ltd.	Buy	2	0.00
☰	NVS - Novartis AG	Reduce 1.01%	3,240	0.00
☰	C - Citigroup Inc.	Reduce 1.74%	100,709	0.10
☰	SKM - Sk Telecom Ltd	Reduce 4.49%	139,666	0.06
☰	MSFT - Microsoft Corp.	Reduce 4.53%	168,368	0.20
☰	MFC - Manulife Financial Corp.	Reduce 4.67%	260,462	0.07
☰	CUK - Carnival Plc	Reduce 5.22%	15,821	0.01
☰	SAP - SAP SE	Reduce 5.45%	9,090	0.02
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 5.61%	100,345	0.01
☰	EPI - Wisdomtree Tr	Reduce 5.73%	180,282	0.07
☰	CEO - Cnooc Ltd	Reduce 7.68%	10,613	0.02
☰	SM - SM Energy Co.	Reduce 7.87%	178,769	0.14
☰	UBS - UBS AG	Reduce 8.03%	33,063	0.01
☰	AP47 - Glaxosmithkline Plc	Reduce 10.04%	32,859	0.03
☰	SNY - Sanofi Aventis	Reduce 10.56%	41,666	0.03
☰	VALE - Vale SA	Reduce 12.29%	806,200	0.07
☰	JASO - Ja Solar Holdings Co Ltd	Reduce 12.48%	24,560	0.00
☰	LYG - Lloyds TSB Grp Plc ADR	Reduce 13.67%	652,471	0.03
☰	CSX - CSX Corp.	Reduce 14.04%	716,371	0.46
☰	TTEN - Total S A	Reduce 18.86%	100,313	0.09
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 23.63%	1,444,373	0.22
☰	DEO - Diageo ADR	Reduce 24.00%	28,885	0.06
☰	BCS - Barclays plc ADR	Reduce 36.71%	844,591	0.14
☰	HAL - Halliburton Co.	Reduce 37.59%	978,787	0.91
☰	EWT - Ishares Msci Taiwan ETF	Reduce 38.64%	26,200	0.01
☰	PTRCY - Petrochina Co Ltd	Reduce 40.16%	4,300	0.00
☰	AMALV - Arcelormittal SA Luxembourg	Reduce 40.53%	597,964	0.06
☰	RENX - Relx NV	Reduce 42.74%	271,710	0.09
☰	ING - ING Group NV	Reduce 43.21%	350,652	0.08
☰	GLIN - Vaneck Vectors Etf Tr	Reduce 69.12%	4,700	0.01
☰	AVVIY - Astrazeneca Plc	Reduce 73.82%	1,451,156	0.31
☰	JKS - Jinkosolar Hldg Co Ltd	Reduce 84.64%	167,500	0.05
☰	INDA - iShares MSCI India ETF	Reduce 86.94%	1,305,995	0.71
☰	AMX - America Movil SAb De Cv	Reduce 98.19%	1,406,569	0.29
☰	ALL - Allstate Corp.	Reduce 100.00%	1,051,053	1.51
☰	PRU - Prudential Finl Inc	Sell 100.00%	1,650,084	2.80
☰	BIIB - Biogen Inc.	Sell 100.00%	404,444	2.63
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Sell 100.00%	2,000	0.00
	Q3 2016
☰	BABA - Alibaba Group Holdings	Add 84.75%	683,289	1.35
☰	PKX - Posco	Add 51.21%	114,357	0.11
☰	VALE - Vale SA	Add 50.44%	2,199,202	0.19
☰	HAL - Halliburton Co.	Add 49.94%	867,404	0.81
☰	ING - ING Group NV	Add 46.64%	258,119	0.06
☰	AMX - America Movil SAb De Cv	Add 38.92%	401,369	0.08
☰	PTRCY - Petrochina Co Ltd	Add 25.86%	2,200	0.00
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 20.01%	1,018,899	0.16
☰	LPL - Lg Display Co Ltd	Add 19.56%	34,147	0.01
☰	HDB - HDFC Bank Ltd.	Add 19.10%	24,834	0.03
☰	AAP - Advance Auto Parts	Add 18.50%	122,235	0.38
☰	TTM-OLD - Tata Mtrs Ltd	Add 18.15%	265,209	0.20
☰	PUK - Prudential Plc ADR	Add 15.25%	53,944	0.04
☰	CCL - Carnival Corp.	Add 15.22%	402,427	0.41
☰	TSM - Taiwan Semiconductor S.A.	Add 13.73%	792,812	0.45
☰	IBN - ICICI Bank Ltd.	Add 13.04%	685,739	0.09
☰	PDCE - Pdc Energy Inc	Add 11.64%	197,127	0.27
☰	LYG - Lloyds TSB Grp Plc ADR	Add 9.41%	410,611	0.02
☰	RDS.B - Royal Dutch Shell Plc	Add 8.97%	39,460	0.04
☰	AVVIY - Aviva Plc	Add 8.55%	154,879	0.03
☰	SM - SM Energy Co.	Add 7.89%	166,205	0.13
☰	JKS - Jinkosolar Hldg Co Ltd	Add 7.73%	14,200	0.00
☰	C - Citigroup Inc.	Add 6.89%	372,077	0.36
☰	ABEV - Ambev S.A.	Add 5.97%	2,100	0.00
☰	UNH - United Health Group Inc.	Add 4.21%	40,607	0.12
☰	ORCL - Oracle Corp.	Add 3.71%	195,998	0.16
☰	LLY - Eli Lilly & Co.	Add 3.60%	80,488	0.13
☰	NTES - NetEase.com Inc.	Add 3.41%	10,891	0.05
☰	KEP - Korea Electric Pwr	Add 3.32%	7,300	0.00
☰	BCS - Barclays plc ADR	Add 1.70%	38,467	0.01
☰	QCOM - QUALCOMM Inc.	Add 1.69%	50,788	0.07
☰	BIDU - Baidu Inc.	Add 1.11%	30,375	0.10
☰	SAP - SAP SE	Add 1.04%	1,720	0.00
☰	UBS - UBS AG	Add 1.03%	4,190	0.00
☰	NVS - Novartis AG	Add 0.60%	1,907	0.00
☰	CEO - Cnooc Ltd	Add 0.19%	263	0.00
☰	SNY - Sanofi Aventis	Add 0.18%	726	0.00
☰	VOD - Vodafone Group Plc New	Add 0.02%	102	0.00
☰	ECA - Encana Corp	Buy	22,018,772	4.26
☰	CSX - CSX Corp.	Buy	5,100,746	3.24
☰	CSRA - Csra Inc	Buy	4,523,786	2.53
☰	SIG - Signet Jewelers Limited	Buy	1,418,450	2.20
☰	PAY - Verifone Sys Inc	Buy	6,524,812	2.14
☰	MFC - Manulife Financial Corp.	Buy	5,574,881	1.46
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Buy	245,019	0.17
☰	ABBNY - Abb Ltd	Buy	379,002	0.16
☰	AMALV - Arcelormittal SA Luxembourg	Buy	1,475,251	0.16
☰	0YYA - Yy Inc	Buy	72,300	0.07
☰	EWT - Ishares Msci Taiwan ETF	Buy	67,800	0.02
☰	73HK - Ryanair Hldgs Plc	Buy	32	0.00
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Buy	2,000	0.00
☰	CUK - Carnival Plc	Reduce 0.04%	123	0.00
☰	SKM - Sk Telecom Ltd	Reduce 0.35%	10,812	0.00
☰	TTEN - Total S A	Reduce 0.55%	2,943	0.00
☰	AP47 - Glaxosmithkline Plc	Reduce 0.72%	2,382	0.00
☰	MSFT - Microsoft Corp.	Reduce 9.38%	384,632	0.48
☰	JNJ - Johnson & Johnson	Reduce 10.40%	81,899	0.25
☰	BTI - British American Tobacco plc	Reduce 12.11%	27,903	0.08
☰	DEO - Diageo ADR	Reduce 14.91%	21,084	0.05
☰	BIIB - Biogen Inc.	Reduce 17.34%	84,819	0.50
☰	CHL - China Mobile Limited	Reduce 17.67%	226,028	0.28
☰	PRU - Prudential Finl Inc	Reduce 18.34%	370,639	0.65
☰	PVH - PVH Corp.	Reduce 20.92%	356,985	0.83
☰	EPI - Wisdomtree Tr	Reduce 27.92%	1,217,421	0.53
☰	RDY - Dr Reddys Labs Ltd	Reduce 34.98%	103,057	0.11
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 35.47%	983,989	0.12
☰	ALL - Allstate Corp.	Reduce 45.17%	866,041	1.49
☰	FMX - Fomento Economico Mexicano	Reduce 47.52%	80,400	0.16
☰	RENX - Relx NV	Reduce 47.83%	582,892	0.22
☰	INFY - Infosys Ltd.	Reduce 49.02%	1,466,185	0.57
☰	AUOTY - Au Optronics Corp	Reduce 81.64%	675,600	0.05
☰	JASO - Ja Solar Holdings Co Ltd	Reduce 85.07%	1,121,340	0.16
☰	VEDL - Vedanta Ltd	Reduce 90.33%	458,620	0.03
☰	SNPTY - China Pete & Chem Corp	Reduce 96.43%	1,370,600	0.09
☰	CHT - Chunghwa Telecom Co Ltd	Reduce 99.52%	6,845,100	0.56
☰	CAB - Cabela's Inc	Reduce 100.00%	1,307,527	1.61
☰	EMC - E M C Corp Mass	Sell 100.00%	6,097,958	4.09
☰	WFC - Wells Fargo	Sell 100.00%	1,701,720	1.98
☰	UAL - United Airlines Holdings Inc.	Sell 100.00%	1,564,602	1.58
☰	SNX - SYNNEX Corp.	Sell 100.00%	191,746	0.45
	Q2 2016
☰	VALE - Vale SA	Add 55,796.15%	4,352,100	0.38
☰	CHT - Chunghwa Telecom Co Ltd	Add 22,087.10%	6,847,000	0.56
☰	SNPTY - China Pete & Chem Corp	Add 3,093.46%	1,376,900	0.09
☰	VEDL - Vedanta Ltd	Add 934.53%	458,620	0.03
☰	HDB - HDFC Bank Ltd.	Add 827.63%	116,000	0.17
☰	LLY - Eli Lilly & Co.	Add 37.53%	609,341	1.18
☰	RDS.B - Royal Dutch Shell Plc	Add 25.18%	88,484	0.11
☰	AAP - Advance Auto Parts	Add 22.34%	120,633	0.48
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 17.43%	411,715	0.05
☰	ALL - Allstate Corp.	Add 9.87%	172,153	0.30
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 9.48%	441,100	0.06
☰	CCL - Carnival Corp.	Add 9.44%	228,111	0.25
☰	TTM-OLD - Tata Mtrs Ltd	Add 9.13%	122,200	0.09
☰	ORCL - Oracle Corp.	Add 7.60%	373,347	0.37
☰	QCOM - QUALCOMM Inc.	Add 7.49%	209,412	0.28
☰	MSFT - Microsoft Corp.	Add 7.24%	276,810	0.35
☰	TTEN - Total S A	Add 6.72%	33,699	0.03
☰	C - Citigroup Inc.	Add 5.36%	274,521	0.29
☰	DEO - Diageo ADR	Add 2.99%	4,112	0.01
☰	PVH - PVH Corp.	Add 2.83%	47,044	0.11
☰	PRU - Prudential Finl Inc	Add 2.62%	51,573	0.09
☰	ING - ING Group NV	Add 1.20%	6,557	0.00
☰	BTI - British American Tobacco plc	Add 0.94%	2,139	0.01
☰	NVS - Novartis AG	Add 0.94%	2,989	0.01
☰	SAP - SAP SE	Add 0.85%	1,387	0.00
☰	CUK - Carnival Plc	Add 0.82%	2,476	0.00
☰	CEO - Cnooc Ltd	Add 0.70%	957	0.00
☰	AMX - America Movil SAb De Cv	Add 0.56%	5,700	0.00
☰	SNY - Sanofi Aventis	Add 0.55%	2,168	0.00
☰	VOD - Vodafone Group Plc New	Add 0.40%	1,712	0.00
☰	BIDU - Baidu Inc.	Buy	2,747,425	9.77
☰	BIIB - Biogen Inc.	Buy	489,263	2.91
☰	PDCE - Pdc Energy Inc	Buy	1,694,137	2.39
☰	HAL - Halliburton Co.	Buy	1,736,727	1.94
☰	PUK - Prudential Plc ADR	Buy	353,727	0.26
☰	PKX - Posco	Buy	223,300	0.21
☰	GLIN - Vaneck Vectors Etf Tr	Buy	6,800	0.01
☰	LYG - Lloyds TSB Grp Plc ADR	Reduce 0.11%	4,632	0.00
☰	TSM - Taiwan Semiconductor S.A.	Reduce 0.29%	16,600	0.01
☰	AVVIY - Aviva Plc	Reduce 0.81%	14,756	0.00
☰	SKM - Sk Telecom Ltd	Reduce 0.92%	28,807	0.01
☰	BCS - Barclays plc ADR	Reduce 1.03%	23,630	0.01
☰	EMC - E M C Corp Mass	Reduce 1.95%	121,451	0.09
☰	INFY - Infosys Ltd.	Reduce 2.84%	87,300	0.04
☰	CAB - Cabela's Inc	Reduce 3.73%	50,597	0.07
☰	JKS - Jinkosolar Hldg Co Ltd	Reduce 5.41%	10,500	0.01
☰	BABA - Alibaba Group Holdings	Reduce 11.58%	105,600	0.20
☰	NTES - NetEase.com Inc.	Reduce 11.80%	42,800	0.14
☰	EPI - Wisdomtree Tr	Reduce 12.00%	594,500	0.27
☰	UNH - United Health Group Inc.	Reduce 12.26%	134,796	0.47
☰	RENX - Relx NV	Reduce 13.11%	183,869	0.07
☰	LPL - Lg Display Co Ltd	Reduce 14.06%	28,547	0.01
☰	IBN - ICICI Bank Ltd.	Reduce 14.87%	918,900	0.15
☰	WFC - Wells Fargo	Reduce 17.43%	359,257	0.47
☰	JASO - Ja Solar Holdings Co Ltd	Reduce 20.83%	346,700	0.07
☰	RDY - Dr Reddys Labs Ltd	Reduce 22.51%	85,600	0.09
☰	AP47 - Glaxosmithkline Plc	Reduce 26.78%	120,604	0.12
☰	INDA - iShares MSCI India ETF	Reduce 27.50%	569,800	0.36
☰	MBT - Mobile Telesystems Pjsc	Reduce 27.50%	257,400	0.05
☰	CHL - China Mobile Limited	Reduce 35.20%	694,905	0.90
☰	UAL - United Airlines Holdings Inc.	Reduce 41.68%	1,118,350	1.80
☰	JNJ - Johnson & Johnson	Reduce 42.30%	577,089	1.69
☰	UBS - UBS AG	Reduce 43.81%	317,551	0.13
☰	FMX - Fomento Economico Mexicano	Reduce 48.60%	160,000	0.36
☰	SM - SM Energy Co.	Reduce 50.10%	2,114,732	1.07
☰	SNX - SYNNEX Corp.	Reduce 53.83%	223,514	0.56
☰	PTRCY - Petrochina Co Ltd	Reduce 57.90%	11,700	0.02
☰	CVX - Chevron Corp.	Sell 100.00%	1,287,520	3.32
☰	73HK - Ryanair Hldgs Plc	Sell 100.00%	1,534,479	3.05
☰	HSBC - HSBC Holdings plc	Sell 100.00%	203,175	0.16
☰	NOV - Nov Inc.	Sell 100.00%	112,100	0.08
☰	MAT - Mattel Inc.	Sell 100.00%	41,400	0.04
☰	BRFS - Brf SA	Sell 100.00%	58,800	0.02
☰	CYD - China Yuchai Intl Ltd.	Sell 100.00%	67,000	0.02
	Q1 2016
☰	BABA - Alibaba Group Holdings	Add 132.01%	518,800	0.96
☰	INFY - Infosys Ltd.	Add 117.34%	1,662,000	0.73
☰	IBN - ICICI Bank Ltd.	Add 51.56%	2,101,900	0.35
☰	TSM - Taiwan Semiconductor S.A.	Add 38.84%	1,619,900	0.99
☰	NTES - NetEase.com Inc.	Add 37.14%	98,200	0.33
☰	TTM-OLD - Tata Mtrs Ltd	Add 37.01%	361,700	0.25
☰	BCS - Barclays plc ADR	Add 36.49%	611,091	0.14
☰	LLY - Eli Lilly & Co.	Add 30.79%	382,237	0.74
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 27.10%	991,900	0.10
☰	JKS - Jinkosolar Hldg Co Ltd	Add 25.21%	39,100	0.02
☰	C - Citigroup Inc.	Add 22.22%	931,710	1.05
☰	INDA - iShares MSCI India ETF	Add 20.98%	359,300	0.23
☰	PTRCY - Petrochina Co Ltd	Add 20.23%	3,400	0.01
☰	PRU - Prudential Finl Inc	Add 19.35%	319,273	0.62
☰	AUOTY - Au Optronics Corp	Add 16.81%	119,100	0.01
☰	CCL - Carnival Corp.	Add 16.41%	340,616	0.48
☰	LPL - Lg Display Co Ltd	Add 14.68%	26,000	0.01
☰	ALL - Allstate Corp.	Add 13.19%	203,281	0.37
☰	NVS - Novartis AG	Add 12.30%	34,652	0.06
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 12.18%	256,580	0.04
☰	SM - SM Energy Co.	Add 10.04%	384,956	0.20
☰	WFC - Wells Fargo	Add 4.47%	88,276	0.12
☰	TTEN - Total S A	Add 4.00%	19,294	0.02
☰	QCOM - QUALCOMM Inc.	Add 3.64%	98,080	0.14
☰	AAP - Advance Auto Parts	Add 3.55%	18,522	0.08
☰	RDY - Dr Reddys Labs Ltd	Add 1.63%	6,100	0.01
☰	JASO - Ja Solar Holdings Co Ltd	Add 0.73%	12,000	0.00
☰	AVVIY - Aviva Plc	Add 0.24%	4,310	0.00
☰	FMX - Fomento Economico Mexicano	Buy	329,200	0.74
☰	RDS.B - Royal Dutch Shell Plc	Buy	351,387	0.44
☰	ING - ING Group NV	Buy	546,918	0.16
☰	UAL - United Airlines Holdings Inc.	Reduce 0.00%	44	0.00
☰	DEO - Diageo ADR	Reduce 0.29%	393	0.00
☰	MSFT - Microsoft Corp.	Reduce 1.34%	51,995	0.07
☰	EPI - Wisdomtree Tr	Reduce 1.49%	75,100	0.03
☰	UNH - United Health Group Inc.	Reduce 1.66%	18,511	0.06
☰	PVH - PVH Corp.	Reduce 3.05%	52,132	0.10
☰	EMC - E M C Corp Mass	Reduce 3.75%	242,038	0.16
☰	CHL - China Mobile Limited	Reduce 6.10%	128,220	0.15
☰	ORCL - Oracle Corp.	Reduce 6.38%	334,794	0.31
☰	SNY - Sanofi Aventis	Reduce 8.70%	37,310	0.03
☰	JNJ - Johnson & Johnson	Reduce 8.88%	132,966	0.35
☰	KEP - Korea Electric Pwr	Reduce 8.94%	21,600	0.01
☰	LYG - Lloyds TSB Grp Plc ADR	Reduce 10.17%	494,534	0.05
☰	VOD - Vodafone Group Plc New	Reduce 11.09%	53,479	0.04
☰	AP47 - Glaxosmithkline Plc	Reduce 13.10%	67,870	0.06
☰	73HK - Ryanair Hldgs Plc	Reduce 14.64%	263,186	0.48
☰	AMX - America Movil SAb De Cv	Reduce 16.05%	196,100	0.06
☰	SAP - SAP SE	Reduce 16.39%	32,060	0.05
☰	SKM - Sk Telecom Ltd	Reduce 16.98%	644,052	0.28
☰	CVX - Chevron Corp.	Reduce 18.35%	289,287	0.66
☰	CUK - Carnival Plc	Reduce 18.45%	68,064	0.08
☰	CEO - Cnooc Ltd	Reduce 19.42%	33,018	0.07
☰	BTI - British American Tobacco plc	Reduce 21.78%	63,562	0.15
☰	RENX - Relx NV	Reduce 23.02%	419,406	0.15
☰	CAB - Cabela's Inc	Reduce 29.30%	562,796	0.67
☰	SNX - SYNNEX Corp.	Reduce 35.32%	226,800	0.52
☰	UBS - UBS AG	Reduce 48.27%	676,330	0.28
☰	HSBC - HSBC Holdings plc	Reduce 68.39%	439,610	0.37
☰	NOV - Nov Inc.	Reduce 93.99%	1,752,366	1.49
☰	ABEV - Ambev S.A.	Reduce 98.01%	1,737,500	0.17
☰	MAT - Mattel Inc.	Reduce 98.99%	4,059,163	2.81
☰	SNPTY - China Pete & Chem Corp	Reduce 99.84%	28,357,300	0.42
☰	DAL - Delta Air Lines Inc.	Sell 100.00%	2,828,355	3.65
☰	MO - Altria Group Inc.	Sell 100.00%	858,848	1.52
☰	TM - Toyota Motor Corp	Sell 100.00%	166,507	0.43
☰	IMO - Imperial Oil Ltd.	Sell 100.00%	213,163	0.15
☰	CYOU - Changyou Com Ltd	Sell 100.00%	93,300	0.05
☰	BAP - Credicorp Ltd.	Sell 100.00%	17,266	0.04
	Q4 2015
☰	SNPTY - China Pete & Chem Corp	Add 69,495.22%	28,361,000	0.42
☰	SM - SM Energy Co.	Add 81.42%	1,721,452	0.86
☰	INFY - Infosys Ltd.	Add 64.16%	553,600	0.20
☰	PVH - PVH Corp.	Add 28.29%	377,480	0.71
☰	BCS - Barclays plc ADR	Add 17.45%	248,810	0.07
☰	CHT - Chunghwa Telecom Co Ltd	Add 17.42%	4,600	0.00
☰	LYG - Lloyds TSB Grp Plc ADR	Add 14.64%	620,964	0.06
☰	AMX - America Movil SAb De Cv	Add 11.96%	130,500	0.04
☰	UBS - UBS AG	Add 10.46%	132,714	0.05
☰	NTES - NetEase.com Inc.	Add 9.53%	23,000	0.09
☰	UNH - United Health Group Inc.	Add 8.04%	83,130	0.25
☰	UAL - United Airlines Holdings Inc.	Add 7.55%	188,453	0.27
☰	NVS - Novartis AG	Add 7.25%	19,044	0.03
☰	LPL - Lg Display Co Ltd	Add 6.18%	10,300	0.00
☰	KEP - Korea Electric Pwr	Add 6.15%	14,000	0.01
☰	TSM - Taiwan Semiconductor S.A.	Add 5.83%	229,700	0.11
☰	CUK - Carnival Plc	Add 5.60%	19,564	0.02
☰	CAB - Cabela's Inc	Add 4.34%	79,914	0.10
☰	JKS - Jinkosolar Hldg Co Ltd	Add 4.16%	6,200	0.00
☰	ABEV - Ambev S.A.	Add 4.07%	69,300	0.01
☰	AVVIY - Aviva Plc	Add 3.96%	69,396	0.02
☰	C - Citigroup Inc.	Add 3.70%	149,571	0.20
☰	CYOU - Changyou Com Ltd	Add 3.44%	3,100	0.00
☰	PRU - Prudential Finl Inc	Add 3.40%	54,269	0.11
☰	ORCL - Oracle Corp.	Add 3.30%	167,937	0.16
☰	AUOTY - Au Optronics Corp	Add 3.13%	21,500	0.00
☰	CEO - Cnooc Ltd	Add 2.98%	4,918	0.01
☰	JASO - Ja Solar Holdings Co Ltd	Add 2.77%	44,600	0.01
☰	SKM - Sk Telecom Ltd	Add 2.43%	89,967	0.04
☰	BTI - British American Tobacco plc	Add 2.09%	5,975	0.01
☰	SAP - SAP SE	Add 2.07%	3,967	0.01
☰	CYD - China Yuchai Intl Ltd.	Add 1.21%	800	0.00
☰	PTRCY - Petrochina Co Ltd	Add 1.20%	200	0.00
☰	TM - Toyota Motor Corp	Add 1.03%	1,690	0.00
☰	IBN - ICICI Bank Ltd.	Add 0.96%	38,700	0.01
☰	EPI - Wisdomtree Tr	Add 0.67%	33,700	0.01
☰	DEO - Diageo ADR	Add 0.42%	576	0.00
☰	QCOM - QUALCOMM Inc.	Add 0.29%	7,730	0.01
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 0.06%	1,270	0.00
☰	ALL - Allstate Corp.	Buy	1,541,690	2.44
☰	AAP - Advance Auto Parts	Buy	521,530	2.00
☰	BABA - Alibaba Group Holdings	Buy	393,000	0.68
☰	EMC - E M C Corp Mass	Reduce 0.19%	12,329	0.01
☰	MBT - Mobile Telesystems Pjsc	Reduce 0.47%	4,400	0.00
☰	MSFT - Microsoft Corp.	Reduce 0.85%	33,178	0.04
☰	HSBC - HSBC Holdings plc	Reduce 1.88%	12,343	0.01
☰	VOD - Vodafone Group Plc New	Reduce 2.30%	11,358	0.01
☰	TTEN - Total S A	Reduce 2.58%	12,781	0.01
☰	CVX - Chevron Corp.	Reduce 3.36%	54,856	0.11
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 3.53%	35,800	0.02
☰	CCL - Carnival Corp.	Reduce 5.45%	119,578	0.15
☰	JNJ - Johnson & Johnson	Reduce 6.03%	96,070	0.22
☰	RENX - Relx NV	Reduce 6.83%	133,564	0.04
☰	MAT - Mattel Inc.	Reduce 9.52%	431,644	0.23
☰	VALE - Vale SA	Reduce 12.36%	1,100	0.00
☰	CHL - China Mobile Limited	Reduce 14.38%	353,209	0.42
☰	AP47 - Glaxosmithkline Plc	Reduce 14.52%	88,040	0.07
☰	WFC - Wells Fargo	Reduce 16.80%	398,287	0.51
☰	LLY - Eli Lilly & Co.	Reduce 17.64%	265,830	0.55
☰	73HK - Ryanair Hldgs Plc	Reduce 18.31%	402,872	0.65
☰	DAL - Delta Air Lines Inc.	Reduce 20.68%	737,550	0.82
☰	SNY - Sanofi Aventis	Reduce 25.38%	145,860	0.14
☰	NOV - Nov Inc.	Reduce 31.21%	845,869	0.78
☰	RDY - Dr Reddys Labs Ltd	Reduce 36.23%	212,500	0.27
☰	SNX - SYNNEX Corp.	Reduce 39.04%	411,112	0.87
☰	IMO - Imperial Oil Ltd.	Reduce 39.46%	138,957	0.09
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 41.81%	2,629,300	0.20
☰	MO - Altria Group Inc.	Reduce 49.96%	857,388	1.35
☰	PPL - Ppl Corp	Sell 100.00%	3,922,158	3.20
☰	USG - U S G Corp	Sell 100.00%	3,749,041	2.47
☰	TV - Grupo Televisa, S.A.B.	Sell 100.00%	1,143,400	0.60
☰	EEM - Ishares Tr	Sell 100.00%	334,081	0.22
☰	RIO - Rio Tinto Group	Sell 100.00%	300,978	0.20
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Sell 100.00%	197,676	0.13
☰	UN - Unilever N V	Sell 100.00%	132,716	0.11
☰	CSN - Credit Suisse Group	Sell 100.00%	214,304	0.10
☰	IEMG - iShares Core MSCI Emerging Markets ETF	Sell 100.00%	77,031	0.06
☰	WX - Wuxi Pharmatech Cayman Inc	Sell 100.00%	65,400	0.06
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Sell 100.00%	1,700	0.00
☰	SCCO - Southern Copper Corp.	Sell 100.00%	800	0.00
	Q3 2015
☰	JASO - Ja Solar Holdings Co Ltd	Add 1,258.28%	1,489,800	0.23
☰	INFY - Infosys Ltd.	Add 910.30%	777,400	0.30
☰	INDA - iShares MSCI India ETF	Add 585.08%	1,462,700	0.84
☰	ABEV - Ambev S.A.	Add 390.89%	1,356,400	0.14
☰	AMX - America Movil SAb De Cv	Add 91.66%	521,800	0.17
☰	CHL - China Mobile Limited	Add 75.87%	1,059,252	1.27
☰	SM - SM Energy Co.	Add 70.90%	877,126	0.70
☰	MAT - Mattel Inc.	Add 61.39%	1,723,979	0.90
☰	PVH - PVH Corp.	Add 57.29%	485,943	1.23
☰	KEP - Korea Electric Pwr	Add 55.32%	81,100	0.03
☰	LPL - Lg Display Co Ltd	Add 55.31%	59,400	0.01
☰	QCOM - QUALCOMM Inc.	Add 53.94%	942,583	1.26
☰	EEM - Ishares Tr	Add 49.79%	111,044	0.07
☰	NTES - NetEase.com Inc.	Add 49.66%	80,100	0.19
☰	CVX - Chevron Corp.	Add 49.52%	540,388	1.06
☰	CEO - Cnooc Ltd	Add 48.89%	54,218	0.11
☰	ORCL - Oracle Corp.	Add 46.64%	1,616,519	1.44
☰	EMC - E M C Corp Mass	Add 36.79%	1,741,279	1.05
☰	CHT - Chunghwa Telecom Co Ltd	Add 36.62%	7,077	0.01
☰	C - Citigroup Inc.	Add 34.12%	1,028,741	1.26
☰	AVVIY - Aviva Plc	Add 32.38%	428,559	0.12
☰	UAL - United Airlines Holdings Inc.	Add 32.03%	605,141	0.80
☰	JNJ - Johnson & Johnson	Add 31.91%	385,433	0.90
☰	HSBC - HSBC Holdings plc	Add 31.04%	155,170	0.12
☰	PRU - Prudential Finl Inc	Add 30.99%	377,474	0.71
☰	MSFT - Microsoft Corp.	Add 30.51%	913,743	1.00
☰	WFC - Wells Fargo	Add 29.83%	544,759	0.69
☰	UNH - United Health Group Inc.	Add 27.85%	225,344	0.65
☰	MO - Altria Group Inc.	Add 27.09%	365,877	0.58
☰	USG - U S G Corp	Add 26.75%	791,291	0.52
☰	TTEN - Total S A	Add 24.26%	96,575	0.09
☰	PPL - Ppl Corp	Add 21.43%	692,268	0.56
☰	DAL - Delta Air Lines Inc.	Add 20.70%	611,544	0.68
☰	SNX - SYNNEX Corp.	Add 20.55%	179,501	0.38
☰	AP47 - Glaxosmithkline Plc	Add 19.44%	98,684	0.08
☰	CCL - Carnival Corp.	Add 16.51%	311,077	0.38
☰	CYOU - Changyou Com Ltd	Add 15.49%	12,100	0.00
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 13.03%	242,560	0.04
☰	LYG - Lloyds TSB Grp Plc ADR	Add 12.84%	482,529	0.04
☰	BTI - British American Tobacco plc	Add 12.72%	32,244	0.07
☰	IMO - Imperial Oil Ltd.	Add 12.62%	39,449	0.02
☰	SKM - Sk Telecom Ltd	Add 12.27%	404,557	0.20
☰	VOD - Vodafone Group Plc New	Add 11.61%	51,338	0.03
☰	SAP - SAP SE	Add 11.41%	19,631	0.03
☰	SNY - Sanofi Aventis	Add 11.37%	58,668	0.06
☰	NVS - Novartis AG	Add 10.96%	25,952	0.05
☰	TM - Toyota Motor Corp	Add 9.86%	14,789	0.03
☰	RDY - Dr Reddys Labs Ltd	Add 7.71%	42,000	0.05
☰	IBN - ICICI Bank Ltd.	Add 7.05%	265,800	0.04
☰	AUOTY - Au Optronics Corp	Add 5.90%	38,288	0.00
☰	WX - Wuxi Pharmatech Cayman Inc	Add 5.65%	3,500	0.00
☰	73HK - Ryanair Hldgs Plc	Add 4.03%	85,284	0.14
☰	MBT - Mobile Telesystems Pjsc	Add 3.50%	31,800	0.00
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 3.21%	195,500	0.01
☰	LLY - Eli Lilly & Co.	Add 2.95%	43,199	0.09
☰	CAB - Cabela's Inc	Buy	1,841,025	2.10
☰	RENX - Relx NV	Buy	1,955,393	0.65
☰	TV - Grupo Televisa, S.A.B.	Buy	1,143,400	0.60
☰	DEO - Diageo ADR	Buy	137,126	0.30
☰	RIO - Rio Tinto Group	Buy	300,978	0.20
☰	UN - Unilever N V	Buy	132,716	0.11
☰	JKS - Jinkosolar Hldg Co Ltd	Buy	148,900	0.07
☰	IEMG - iShares Core MSCI Emerging Markets ETF	Buy	77,031	0.06
☰	SCCO - Southern Copper Corp.	Buy	800	0.00
☰	VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares	Buy	1,700	0.00
☰	UBS - UBS AG	Reduce 0.42%	5,355	0.00
☰	BCS - Barclays plc ADR	Reduce 1.90%	27,671	0.01
☰	NOV - Nov Inc.	Reduce 2.33%	64,558	0.09
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 3.15%	33,000	0.03
☰	CUK - Carnival Plc	Reduce 4.87%	17,871	0.02
☰	VEDL - Vedanta Ltd	Reduce 9.41%	5,100	0.00
☰	WIT - Wipro Ltd ADR	Reduce 9.44%	2,200	0.00
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 11.05%	24,562	0.03
☰	TSM - Taiwan Semiconductor S.A.	Reduce 11.34%	503,900	0.29
☰	CYD - China Yuchai Intl Ltd.	Reduce 20.34%	16,900	0.01
☰	EPI - Wisdomtree Tr	Reduce 25.87%	1,743,400	0.95
☰	HDB - HDFC Bank Ltd.	Reduce 29.98%	6,000	0.01
☰	CSN - Credit Suisse Group	Reduce 46.07%	183,090	0.13
☰	SNPTY - China Pete & Chem Corp	Reduce 99.04%	4,195,200	0.14
☰	VALE - Vale SA	Reduce 99.44%	1,577,400	0.20
☰	DIS - Walt Disney Co.	Sell 100.00%	519,715	1.75
☰	AXP - American Express	Sell 100.00%	638,037	1.46
☰	SPIL - Siliconware Precision Inds L	Sell 100.00%	149,169	0.03
☰	AVFA - Advanced Semiconductor Engr	Sell 100.00%	145,196	0.02
☰	UMC - United Microelectronics Corp	Sell 100.00%	286,149	0.01
	Q2 2015
☰	SNPTY - China Pete & Chem Corp	Add 15,700.11%	4,209,200	0.14
☰	AVFA - Advanced Semiconductor Engr	Add 138.04%	84,200	0.01
☰	SPIL - Siliconware Precision Inds L	Add 138.03%	86,500	0.02
☰	UMC - United Microelectronics Corp	Add 137.96%	165,900	0.01
☰	CHT - Chunghwa Telecom Co Ltd	Add 137.88%	11,200	0.01
☰	HDB - HDFC Bank Ltd.	Add 137.83%	11,600	0.02
☰	WIT - Wipro Ltd ADR	Add 137.76%	13,500	0.01
☰	SM - SM Energy Co.	Add 118.94%	672,114	0.91
☰	IMO - Imperial Oil Ltd.	Add 78.90%	137,895	0.13
☰	EPI - Wisdomtree Tr	Add 64.06%	2,631,800	1.43
☰	CEO - Cnooc Ltd	Add 47.55%	35,740	0.13
☰	NTES - NetEase.com Inc.	Add 43.51%	48,900	0.18
☰	AUOTY - Au Optronics Corp	Add 43.08%	195,300	0.02
☰	JNJ - Johnson & Johnson	Add 41.27%	352,882	1.01
☰	AMX - America Movil SAb De Cv	Add 35.00%	147,600	0.08
☰	HSBC - HSBC Holdings plc	Add 32.51%	122,648	0.14
☰	JASO - Ja Solar Holdings Co Ltd	Add 32.14%	28,800	0.01
☰	DAL - Delta Air Lines Inc.	Add 29.56%	674,108	0.81
☰	PRU - Prudential Finl Inc	Add 29.35%	276,399	0.71
☰	MAT - Mattel Inc.	Add 21.30%	493,188	0.37
☰	CHL - China Mobile Limited	Add 20.75%	239,891	0.39
☰	TTM-OLD - Tata Mtrs Ltd	Add 20.46%	177,628	0.15
☰	NOV - Nov Inc.	Add 18.53%	433,847	0.61
☰	LPL - Lg Display Co Ltd	Add 17.25%	15,800	0.00
☰	KEP - Korea Electric Pwr	Add 17.19%	21,500	0.01
☰	QCOM - QUALCOMM Inc.	Add 16.11%	242,492	0.45
☰	PTRCY - Petrochina Co Ltd	Add 16.08%	2,300	0.01
☰	BTI - British American Tobacco plc	Add 15.49%	34,007	0.09
☰	AP47 - Glaxosmithkline Plc	Add 15.47%	68,017	0.07
☰	EMC - E M C Corp Mass	Add 14.71%	606,757	0.47
☰	LYG - Lloyds TSB Grp Plc ADR	Add 14.59%	478,472	0.06
☰	PVH - PVH Corp.	Add 14.57%	107,864	0.37
☰	SKM - Sk Telecom Ltd	Add 14.23%	410,889	0.13
☰	TTEN - Total S A	Add 13.72%	48,026	0.06
☰	SAP - SAP SE	Add 13.55%	20,527	0.04
☰	ORCL - Oracle Corp.	Add 12.93%	396,924	0.47
☰	WFC - Wells Fargo	Add 12.71%	205,906	0.34
☰	CVX - Chevron Corp.	Add 12.26%	119,173	0.34
☰	UNH - United Health Group Inc.	Add 11.97%	86,498	0.31
☰	CYOU - Changyou Com Ltd	Add 11.89%	8,300	0.01
☰	BCS - Barclays plc ADR	Add 9.31%	123,752	0.05
☰	DIS - Walt Disney Co.	Add 8.48%	40,641	0.14
☰	AVVIY - Aviva Plc	Add 8.27%	101,052	0.04
☰	SNY - Sanofi Aventis	Add 8.12%	38,748	0.05
☰	CUK - Carnival Plc	Add 7.99%	27,180	0.03
☰	MBT - Mobile Telesystems Ojsc	Add 7.26%	61,472	0.01
☰	TM - Toyota Motor Corp	Add 6.91%	9,695	0.03
☰	CSN - Credit Suisse Group	Add 6.37%	23,794	0.02
☰	NVS - Novartis AG	Add 6.32%	14,062	0.04
☰	C - Citigroup Inc.	Add 6.02%	171,219	0.28
☰	USG - U S G Corp	Add 5.75%	160,845	0.13
☰	MSFT - Microsoft Corp.	Add 4.92%	140,547	0.18
☰	IBN - ICICI Bank Ltd.	Add 2.51%	92,500	0.02
☰	RDY - Dr Reddys Labs Ltd	Add 1.78%	9,500	0.01
☰	VALE - Vale SA	Add 0.18%	2,800	0.00
☰	UAL - United Airlines Holdings Inc.	Buy	1,889,402	2.95
☰	PPL - Ppl Corp	Buy	3,229,890	2.80
☰	AXP - American Express	Buy	638,037	1.46
☰	UBS - UBS AG	Buy	1,273,859	0.68
☰	VOD - Vodafone Group Plc New	Buy	442,045	0.41
☰	BAP - Credicorp Ltd.	Buy	17,266	0.06
☰	ABEV - Ambev S.A.	Buy	347,000	0.05
☰	VEDL - Vedanta Ltd	Buy	54,175	0.01
☰	CCL - Carnival Corp.	Reduce 0.01%	226	0.00
☰	MO - Altria Group Inc.	Reduce 4.42%	62,478	0.10
☰	LLY - Eli Lilly & Co.	Reduce 6.53%	102,308	0.26
☰	73HK - Ryanair Hldgs Plc	Reduce 7.00%	159,228	0.28
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 9.47%	637,100	0.10
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 14.27%	309,840	0.06
☰	TSM - Taiwan Semiconductor S.A.	Reduce 16.14%	855,400	0.53
☰	SNX - SYNNEX Corp.	Reduce 21.08%	233,315	0.63
☰	WX - Wuxi Pharmatech Cayman Inc	Reduce 41.38%	43,700	0.05
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 70.96%	543,118	0.58
☰	EEM - Ishares Tr	Reduce 71.15%	549,963	0.58
☰	INFY - Infosys Ltd.	Reduce 85.40%	499,700	0.46
☰	PNC - PNC Financial Services	Sell 100.00%	503,289	1.65
☰	APOL - Apollo Ed Group Inc	Sell 100.00%	1,561,751	1.04
☰	OUBSF - Ubs Ag	Sell 100.00%	1,318,271	0.65
☰	VODD - Vodafone Group Plc New	Sell 100.00%	379,659	0.33
☰	KMTUY - Komatsu Ltd	Sell 100.00%	561,243	0.29
☰	AXAHY - Axa	Sell 100.00%	377,932	0.25
☰	CLZNY - Clariant Ag	Sell 100.00%	473,987	0.25
☰	RIO - Rio Tinto Group	Sell 100.00%	208,027	0.23
	Q1 2015
☰	INFY - Infosys Ltd.	Add 2,067.04%	558,100	0.52
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 631.84%	5,811,000	0.93
☰	VALE - Vale SA	Add 160.06%	974,600	0.12
☰	LPL - Lg Display Co Ltd	Add 53.95%	32,100	0.01
☰	KEP - Korea Electric Pwr	Add 53.69%	43,700	0.02
☰	TSM - Taiwan Semiconductor S.A.	Add 52.18%	1,817,300	1.12
☰	AUOTY - Au Optronics Corp	Add 37.91%	124,600	0.02
☰	CHL - China Mobile Limited	Add 36.11%	306,782	0.53
☰	NTES - NetEase.com Inc.	Add 35.42%	29,400	0.08
☰	NOV - Nov Inc.	Add 21.36%	412,085	0.72
☰	EEM - Ishares Tr	Add 19.66%	127,000	0.13
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 18.57%	340,097	0.07
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 15.64%	103,500	0.11
☰	TTEN - Total S A	Add 10.08%	32,053	0.04
☰	CVX - Chevron Corp.	Add 7.84%	70,691	0.26
☰	USG - U S G Corp	Add 7.76%	201,453	0.19
☰	SKM - Sk Telecom Ltd	Add 4.48%	123,719	0.09
☰	73HK - Ryanair Hldgs Plc	Add 3.40%	74,698	0.13
☰	IBN - ICICI Bank Ltd.	Add 2.30%	82,900	0.02
☰	PTRCY - Petrochina Co Ltd	Add 2.14%	300	0.00
☰	KMTUY - Komatsu Ltd	Add 1.94%	10,698	0.01
☰	C - Citigroup Inc.	Add 1.19%	33,577	0.06
☰	DAL - Delta Air Lines Inc.	Buy	2,280,253	3.58
☰	PVH - PVH Corp.	Buy	740,320	2.75
☰	PRU - Prudential Finl Inc	Buy	941,735	2.65
☰	PNC - PNC Financial Services	Buy	503,289	1.65
☰	SM - SM Energy Co.	Buy	565,082	1.04
☰	AP47 - Glaxosmithkline Plc	Buy	439,614	0.53
☰	CYOU - Changyou Com Ltd	Buy	69,800	0.05
☰	AVVIY - Aviva Plc	Reduce 0.27%	3,281	0.00
☰	CEO - Cnooc Ltd	Reduce 3.17%	2,462	0.01
☰	CSN - Credit Suisse Group	Reduce 3.65%	14,166	0.01
☰	AMX - America Movil SAb De Cv	Reduce 4.64%	20,500	0.01
☰	VODD - Vodafone Group Plc New	Reduce 5.24%	20,988	0.02
☰	LLY - Eli Lilly & Co.	Reduce 5.41%	89,626	0.20
☰	SNY - Sanofi Aventis	Reduce 5.81%	29,429	0.04
☰	MAT - Mattel Inc.	Reduce 5.96%	146,791	0.15
☰	SNX - SYNNEX Corp.	Reduce 6.36%	75,204	0.19
☰	BCS - Barclays plc ADR	Reduce 7.06%	101,037	0.04
☰	SAP - SAP SE	Reduce 7.12%	11,614	0.02
☰	OUBSF - Ubs Ag	Reduce 7.41%	105,442	0.05
☰	CLZNY - Clariant Ag	Reduce 7.69%	39,459	0.02
☰	JNJ - Johnson & Johnson	Reduce 8.12%	75,539	0.26
☰	AXAHY - Axa	Reduce 8.79%	36,420	0.02
☰	IMO - Imperial Oil Ltd.	Reduce 9.35%	18,026	0.02
☰	ORCL - Oracle Corp.	Reduce 9.38%	317,689	0.47
☰	LYG - Lloyds TSB Grp Plc ADR	Reduce 9.55%	346,056	0.05
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 9.95%	95,928	0.12
☰	QCOM - QUALCOMM Inc.	Reduce 10.05%	168,115	0.41
☰	EMC - E M C Corp Mass	Reduce 10.39%	478,200	0.47
☰	BTI - British American Tobacco plc	Reduce 10.51%	25,786	0.08
☰	RDY - Dr Reddys Labs Ltd	Reduce 11.26%	67,912	0.10
☰	MSFT - Microsoft Corp.	Reduce 11.64%	376,041	0.57
☰	WFC - Wells Fargo	Reduce 11.85%	217,771	0.39
☰	APOL - Apollo Ed Group Inc	Reduce 11.96%	212,110	0.24
☰	TM - Toyota Motor Corp	Reduce 12.19%	19,486	0.07
☰	DIS - Walt Disney Co.	Reduce 12.53%	68,656	0.21
☰	CUK - Carnival Plc	Reduce 13.65%	53,753	0.07
☰	EPI - Wisdomtree Trust	Reduce 13.98%	667,700	0.43
☰	MO - Altria Group Inc.	Reduce 20.05%	354,375	0.58
☰	RIO - Rio Tinto Group	Reduce 21.23%	56,051	0.08
☰	CCL - Carnival Corp.	Reduce 24.17%	600,701	0.89
☰	NVS - Novartis AG	Reduce 33.79%	113,626	0.31
☰	UNH - United Health Group Inc.	Reduce 38.59%	454,036	1.50
☰	WX - Wuxi Pharmatech Cayman Inc	Reduce 41.56%	75,100	0.07
☰	SNPTY - China Pete & Chem Corp	Reduce 63.97%	47,600	0.12
☰	HSBC - HSBC Holdings plc	Reduce 69.48%	859,083	0.38
☰	JASO - Ja Solar Holdings Co Ltd	Reduce 80.60%	372,300	0.09
☰	CSX - CSX Corp.	Sell 100.00%	2,821,858	3.33
☰	PGR - Progressive Corp.	Sell 100.00%	3,268,311	2.90
☰	TV - Grupo Televisa, S.A.B.	Sell 100.00%	58,807	0.06
	Q4 2014
☰	INFY - Infosys Ltd.	Add 1,073.91%	24,700	0.02
☰	IBN - ICICI Bank Ltd.	Add 1,072.42%	3,290,175	1.11
☰	EEM - Ishares Tr	Add 469.86%	532,638	0.61
☰	RDY - Dr Reddys Labs Ltd	Add 259.36%	435,212	0.64
☰	AUOTY - Au Optronics Corp	Add 238.49%	231,600	0.04
☰	TV - Grupo Televisa, S.A.B.	Add 140.94%	34,400	0.04
☰	TSM - Taiwan Semiconductor S.A.	Add 108.70%	1,814,000	1.19
☰	EPI - Wisdomtree Trust	Add 92.75%	2,298,300	1.48
☰	TTM-OLD - Tata Mtrs Ltd	Add 83.75%	439,500	0.54
☰	NOV - Nov Inc.	Add 75.83%	831,886	1.79
☰	CHL - China Mobile Limited	Add 55.88%	304,543	0.52
☰	CEO - Cnooc Ltd	Add 47.45%	24,981	0.10
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 44.37%	203,400	0.24
☰	TTEN - Total S A	Add 40.14%	91,114	0.14
☰	SNPTY - China Pete & Chem Corp	Add 36.26%	19,800	0.05
☰	CVX - Chevron Corp.	Add 31.16%	214,133	0.79
☰	AVVIY - Aviva Plc	Add 26.96%	260,295	0.11
☰	MAT - Mattel Inc.	Add 23.96%	475,806	0.48
☰	LLY - Eli Lilly & Co.	Add 23.72%	317,520	0.72
☰	CUK - Carnival Plc	Add 23.17%	74,083	0.10
☰	USG - U S G Corp	Add 20.79%	446,752	0.41
☰	EMC - E M C Corp Mass	Add 13.69%	554,281	0.54
☰	SKM - Sk Telecom Ltd	Add 12.31%	302,752	0.24
☰	RIO - Rio Tinto Group	Add 12.26%	28,833	0.04
☰	SNX - SYNNEX Corp.	Add 11.94%	126,081	0.32
☰	DIS - Walt Disney Co.	Add 11.24%	55,330	0.17
☰	WFC - Wells Fargo	Add 10.73%	178,049	0.32
☰	ORCL - Oracle Corp.	Add 10.17%	312,561	0.46
☰	UNH - United Health Group Inc.	Add 9.20%	99,084	0.33
☰	JNJ - Johnson & Johnson	Add 9.08%	77,433	0.27
☰	KMTUY - Komatsu Ltd	Add 6.98%	35,916	0.02
☰	TM - Toyota Motor Corp	Add 6.30%	9,476	0.03
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 5.90%	51,200	0.01
☰	C - Citigroup Inc.	Add 5.87%	155,822	0.28
☰	PGR - Progressive Corp.	Add 5.55%	171,865	0.15
☰	CCL - Carnival Corp.	Add 5.21%	122,979	0.18
☰	BTI - British American Tobacco plc	Add 5.09%	11,876	0.04
☰	AXAHY - Axa	Add 3.81%	15,217	0.01
☰	PTRCY - Petrochina Co Ltd	Add 3.70%	500	0.00
☰	MSFT - Microsoft Corp.	Add 3.61%	112,652	0.17
☰	IMO - Imperial Oil Ltd.	Add 2.60%	4,889	0.01
☰	AMX - America Movil SAb De Cv	Add 1.17%	5,100	0.00
☰	OUBSF - Ubs Ag	Add 1.02%	14,313	0.01
☰	73HK - Ryanair Hldgs Plc	Add 0.71%	15,551	0.03
☰	NVS - Novartis AG	Add 0.63%	2,107	0.01
☰	BCS - Barclays plc ADR	Add 0.13%	1,914	0.00
☰	SAP - SAP SE	Add 0.10%	162	0.00
☰	QCOM - QUALCOMM Inc.	Buy	1,673,024	4.08
☰	NTES - NetEase.com Inc.	Buy	83,000	0.24
☰	INDA - iShares MSCI India ETF	Buy	250,000	0.22
☰	MBT - Mobile Telsystems Ojsc	Buy	847,250	0.18
☰	JASO - Ja Solar Holdings Co Ltd	Buy	461,900	0.11
☰	KEP - Korea Electric Pwr	Buy	81,400	0.05
☰	LPL - Lg Display Co Ltd	Buy	59,500	0.03
☰	CLZNY - Clariant Ag	Reduce 0.17%	895	0.00
☰	VODD - Vodafone Group Plc New	Reduce 0.31%	1,239	0.00
☰	HSBC - HSBC Holdings plc	Reduce 0.57%	7,060	0.00
☰	CSN - Credit Suisse Group	Reduce 1.23%	4,834	0.00
☰	SMFG - Sumitomo Mitsui Spons ADR	Reduce 1.30%	24,141	0.01
☰	MO - Altria Group Inc.	Reduce 4.56%	84,388	0.15
☰	VALE - Vale SA	Reduce 8.70%	58,040	0.02
☰	LYG - Lloyds TSB Grp Plc ADR	Reduce 11.57%	474,518	0.08
☰	HDB - HDFC Bank Ltd.	Reduce 14.26%	1,400	0.00
☰	SNY - Sanofi Aventis	Reduce 14.67%	87,133	0.17
☰	CSX - CSX Corp.	Reduce 25.10%	945,393	1.15
☰	APOL - Apollo Ed Group Inc	Reduce 33.19%	881,359	0.85
☰	CYD - China Yuchai Intl Ltd.	Reduce 45.76%	70,100	0.05
☰	FAF - First Amer'n Corp.	Sell 100.00%	3,163,438	3.28
☰	BA - Boeing Co.	Sell 100.00%	361,762	1.76
☰	LO - Lorillard Inc	Sell 100.00%	491,400	1.13
☰	SIEGY - Siemens A G	Sell 100.00%	113,922	0.48
	Q3 2014
☰	AMX - America Movil SAb De Cv	Add 437,000.00%	437,000	0.39
☰	CHL - China Mobile Limited	Add 1,948.68%	518,350	1.07
☰	MAT - Mattel Inc.	Add 684.99%	1,733,025	2.03
☰	HSBC - HSBC Holdings plc	Add 217.52%	851,840	0.49
☰	CCL - Carnival Corp.	Add 44.01%	722,000	1.11
☰	WX - Wuxi Pharmatech Cayman Inc	Add 43.41%	54,700	0.07
☰	TTM-OLD - Tata Mtrs Ltd	Add 29.61%	119,900	0.18
☰	TSM - Taiwan Semiconductor S.A.	Add 24.28%	326,000	0.23
☰	TTEN - Total S A	Add 22.68%	41,957	0.09
☰	USG - U S G Corp	Add 16.23%	300,000	0.32
☰	CSN - Credit Suisse Group	Add 13.52%	46,750	0.05
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 10.59%	83,200	0.04
☰	SKM - Sk Telecom Ltd	Add 7.36%	168,595	0.18
☰	73HK - Ryanair Hldgs Plc	Add 6.72%	137,612	0.27
☰	AXAHY - Axa	Add 6.03%	22,688	0.02
☰	VODD - Vodafone Group Plc New	Add 5.72%	21,747	0.02
☰	AVVIY - Aviva Plc	Add 4.92%	45,304	0.03
☰	SNY - Sanofi Aventis	Add 4.58%	26,008	0.05
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 4.45%	79,058	0.02
☰	OUBSF - Ubs Ag	Add 4.28%	57,868	0.04
☰	LYG - Lloyds TSB Grp Plc ADR	Add 4.22%	165,830	0.03
☰	NVS - Novartis AG	Add 4.15%	13,319	0.04
☰	TM - Toyota Motor Corp	Add 3.98%	5,748	0.02
☰	RIO - Rio Tinto Group	Add 3.71%	8,413	0.01
☰	BCS - Barclays plc ADR	Add 3.31%	45,807	0.02
☰	APOL - Apollo Ed Group Inc	Add 2.91%	75,200	0.07
☰	CUK - Carnival Plc	Add 2.85%	8,855	0.01
☰	PGR - Progressive Corp.	Add 2.65%	79,900	0.08
☰	BTI - British American Tobacco plc	Add 2.63%	5,990	0.02
☰	ORCL - Oracle Corp.	Add 2.31%	69,300	0.10
☰	IBN - ICICI Bank Ltd.	Add 2.23%	6,700	0.01
☰	JNJ - Johnson & Johnson	Add 1.90%	15,900	0.06
☰	FAF - First Amer'n Corp.	Add 1.28%	40,100	0.04
☰	CSX - CSX Corp.	Add 0.93%	34,800	0.04
☰	MO - Altria Group Inc.	Add 0.76%	13,900	0.02
☰	EMC - E M C Corp Mass	Add 0.10%	3,900	0.00
☰	LLY - Eli Lilly & Co.	Buy	1,338,392	3.32
☰	CVX - Chevron Corp.	Buy	687,278	3.13
☰	SNX - SYNNEX Corp.	Buy	1,056,109	2.61
☰	KMTUY - Komatsu Ltd	Buy	514,629	0.42
☰	CLZNY - Clariant Ag	Buy	514,341	0.31
☰	MSFT - Microsoft Corp.	Reduce 0.97%	30,400	0.05
☰	EPI - Wisdomtree Trust	Reduce 2.51%	63,800	0.06
☰	C - Citigroup Inc.	Reduce 3.39%	93,200	0.19
☰	DIS - Walt Disney Co.	Reduce 4.41%	22,700	0.08
☰	AUOTY - Au Optronics Corp	Reduce 5.45%	5,600	0.00
☰	NOV - Nov Inc.	Reduce 5.57%	64,700	0.23
☰	CYD - China Yuchai Intl Ltd.	Reduce 6.18%	10,100	0.01
☰	IMO - Imperial Oil Ltd.	Reduce 7.29%	14,783	0.03
☰	SNPTY - China Pete & Chem Corp	Reduce 7.77%	4,600	0.02
☰	SIEGY - Siemens A G	Reduce 9.43%	11,865	0.06
☰	LO - Lorillard Inc	Reduce 9.62%	52,300	0.14
☰	PTRCY - Petrochina Co Ltd	Reduce 10.00%	1,500	0.01
☰	WFC - Wells Fargo	Reduce 10.10%	186,500	0.42
☰	RDY - Dr Reddys Labs Ltd	Reduce 13.86%	27,000	0.05
☰	SAP - SAP SE	Reduce 17.26%	33,977	0.11
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 19.67%	112,267	0.20
☰	VALE - Vale SA	Reduce 22.52%	193,800	0.09
☰	UNH - United Health Group Inc.	Reduce 25.40%	366,900	1.29
☰	BA - Boeing Co.	Reduce 35.97%	203,260	1.10
☰	CEO - Cnooc Ltd	Reduce 46.16%	45,137	0.33
☰	WIT - Wipro Ltd ADR	Reduce 50.25%	9,900	0.01
☰	AVFA - Advanced Semiconductor Engr	Reduce 62.65%	102,300	0.03
☰	EEM - Ishares	Reduce 77.31%	386,338	0.69
☰	INFY - Infosys Ltd.	Reduce 78.30%	8,300	0.02
☰	APC - Anadarko Pete Corp	Sell 100.00%	690,174	3.24
☰	AAL - American Airls Group Inc	Sell 100.00%	1,211,799	2.23
☰	KEP - Korea Electric Pwr	Sell 100.00%	1,541,876	0.59
☰	RDS.A - Royal Dutch Shell Plc	Sell 100.00%	104,257	0.35
☰	FMX - Fomento Economico Mexicano	Sell 100.00%	2,300	0.01
☰	SBS - Companhia De SAneamento Basi	Sell 100.00%	8,000	0.00
	Q2 2014
☰	IBN - ICICI Bank Ltd.	Add 2,320.16%	287,700	0.59
☰	SAP - SAP SE	Add 58.60%	72,747	0.24
☰	CSX - CSX Corp.	Add 58.39%	1,375,900	1.82
☰	EMC - E M C Corp Mass	Add 45.67%	1,268,400	1.43
☰	CUK - Carnival Plc	Add 40.95%	90,312	0.13
☰	FAF - First Amer'n Corp.	Add 37.18%	846,456	1.01
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 35.55%	466,042	0.16
☰	APOL - Apollo Ed Group Inc	Add 32.96%	639,500	0.86
☰	BCS - Barclays plc ADR	Add 26.28%	287,801	0.18
☰	C - Citigroup Inc.	Add 23.60%	524,700	1.06
☰	CSN - Credit Suisse Group	Add 23.22%	65,168	0.07
☰	PGR - Progressive Corp.	Add 21.11%	525,800	0.57
☰	NOV - Nov Inc.	Add 20.83%	200,300	0.71
☰	JNJ - Johnson & Johnson	Add 20.23%	140,900	0.63
☰	MO - Altria Group Inc.	Add 19.53%	300,200	0.54
☰	EPI - Wisdomtree Trust	Add 18.53%	397,400	0.37
☰	CCL - Carnival Corp.	Add 18.44%	255,400	0.41
☰	ORCL - Oracle Corp.	Add 17.46%	446,700	0.78
☰	HSBC - HSBC Holdings plc	Add 16.82%	56,395	0.12
☰	DIS - Walt Disney Co.	Add 16.56%	73,200	0.27
☰	MSFT - Microsoft Corp.	Add 15.84%	430,500	0.77
☰	WFC - Wells Fargo	Add 13.67%	222,100	0.50
☰	AXAHY - Axa	Add 13.03%	43,410	0.04
☰	VODD - Vodafone Group Plc New	Add 12.10%	41,035	0.06
☰	SNY - Sanofi Aventis	Add 12.04%	61,020	0.13
☰	RIO - Rio Tinto Group	Add 10.94%	22,369	0.05
☰	AVVIY - Aviva Plc	Add 10.82%	89,818	0.06
☰	BTI - British American Tobacco plc	Add 10.44%	21,500	0.10
☰	LYG - Lloyds TSB Grp Plc ADR	Add 10.30%	367,391	0.08
☰	TM - Toyota Motor Corp	Add 10.03%	13,186	0.06
☰	OUBSF - Ubs Ag	Add 9.66%	119,101	0.08
☰	CEO - Cnooc Ltd	Add 9.58%	8,552	0.06
☰	LO - Lorillard Inc	Add 8.48%	42,500	0.11
☰	KEP - Korea Electric Pwr	Add 7.71%	110,342	0.04
☰	SKM - Sk Telecom Ltd	Add 7.53%	160,457	0.11
☰	AVFA - Advanced Semiconductor Engr	Add 7.15%	10,900	0.00
☰	UNH - United Health Group Inc.	Add 4.27%	59,200	0.21
☰	TSM - Taiwan Semiconductor S.A.	Add 2.18%	28,600	0.03
☰	CHL - China Mobile Limited	Add 1.53%	400	0.00
☰	PTRCY - Petrochina Co Ltd	Add 1.35%	200	0.00
☰	73HK - Ryanair Hldgs Plc	Add 0.25%	5,106	0.00
☰	USG - U S G Corp	Buy	1,848,700	2.39
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Buy	570,723	1.02
☰	EEM - Ishares	Buy	499,700	0.89
☰	MAT - Mattel Inc.	Buy	253,000	0.42
☰	NVS - Novartis AG	Reduce 1.98%	6,491	0.03
☰	CYD - China Yuchai Intl Ltd.	Reduce 3.30%	5,569	0.00
☰	TTEN - Total S A	Reduce 5.09%	9,924	0.03
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 5.26%	22,500	0.03
☰	APC - Anadarko Pete Corp	Reduce 13.17%	104,700	0.43
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 13.33%	120,800	0.07
☰	BA - Boeing Co.	Reduce 13.83%	90,700	0.55
☰	WX - Wuxi Pharmatech Cayman Inc	Reduce 20.00%	31,500	0.05
☰	SNPTY - China Pete & Chem Corp	Reduce 23.61%	18,300	0.04
☰	IMO - Imperial Oil Ltd.	Reduce 28.18%	79,528	0.17
☰	VALE - Vale SA	Reduce 29.62%	362,200	0.18
☰	SIEGY - Siemens A G	Reduce 33.19%	62,494	0.39
☰	INFY - Infosys Ltd.	Reduce 34.95%	5,695	0.01
☰	SPIL - Siliconware Precision Inds L	Reduce 44.03%	49,300	0.01
☰	RDS.A - Royal Dutch Shell Plc	Reduce 48.72%	99,037	0.33
☰	KT - KT Corp.	Reduce 50.46%	77,219	0.04
☰	RDY - Dr Reddys Labs Ltd	Reduce 54.19%	230,400	0.44
☰	AAL - American Airls Group Inc	Reduce 55.55%	1,514,300	2.66
☰	FMX - Fomento Economico Mexicano	Reduce 88.27%	17,300	0.07
☰	SBS - Companhia De SAneamento Basi	Reduce 95.09%	154,800	0.05
☰	AMX - America Movil SAb De Cv	Reduce 99.97%	379,900	0.23
☰	WU - Western Union Co.	Sell 100.00%	2,619,065	2.06
☰	ABBNY - Abb Ltd	Sell 100.00%	534,319	0.63
☰	GA - Giant Interactive Group Inc	Sell 100.00%	14,200	0.01
	Q1 2014
☰	AMX - America Movil SAb De Cv	Add 2,520.69%	365,500	0.22
☰	TSM - Taiwan Semiconductor S.A.	Add 143.74%	775,042	0.67
☰	HDB - HDFC Bank Ltd.	Add 117.36%	5,300	0.01
☰	TTM-OLD - Tata Mtrs Ltd	Add 89.79%	202,200	0.31
☰	IBN - ICICI Bank Ltd.	Add 72.22%	5,200	0.01
☰	RDY - Dr Reddys Labs Ltd	Add 65.78%	168,719	0.32
☰	RIO - Rio Tinto Group	Add 59.29%	76,104	0.19
☰	KEP - Korea Electric Pwr	Add 57.54%	522,855	0.27
☰	C - Citigroup Inc.	Add 51.47%	755,404	1.72
☰	ABBNY - Abb Ltd	Add 50.00%	178,106	0.21
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 46.61%	416,759	0.17
☰	SKM - Sk Telecom Ltd	Add 43.56%	646,736	0.50
☰	FAF - First Amer'n Corp.	Add 37.35%	619,150	0.79
☰	SPIL - Siliconware Precision Inds L	Add 36.93%	30,200	0.01
☰	BCS - Barclays plc ADR	Add 31.91%	264,969	0.19
☰	MSFT - Microsoft Corp.	Add 28.17%	597,281	1.17
☰	OUBSF - Ubs Ag	Add 28.03%	269,796	0.25
☰	APC - Anadarko Pete Corp	Add 26.53%	166,674	0.68
☰	JNJ - Johnson & Johnson	Add 24.47%	136,900	0.64
☰	LYG - Lloyds TSB Grp Plc ADR	Add 24.03%	690,954	0.16
☰	BTI - British American Tobacco plc	Add 23.42%	39,086	0.20
☰	MO - Altria Group Inc.	Add 21.76%	274,800	0.49
☰	EMC - E M C Corp Mass	Add 20.93%	480,598	0.63
☰	NOV - Nov Inc.	Add 20.76%	165,275	0.62
☰	VALE - Vale SA	Add 17.99%	186,500	0.09
☰	SNY - Sanofi Aventis	Add 17.52%	75,584	0.18
☰	ORCL - Oracle Corp.	Add 17.36%	378,389	0.74
☰	CUK - Carnival Plc	Add 17.23%	32,422	0.06
☰	WFC - Wells Fargo	Add 16.57%	230,945	0.55
☰	CCL - Carnival Corp.	Add 16.45%	195,600	0.35
☰	NVS - Novartis AG	Add 16.19%	45,602	0.18
☰	DIS - Walt Disney Co.	Add 16.05%	61,100	0.24
☰	AAL - American Airls Group Inc	Add 15.94%	374,783	0.66
☰	SIEGY - Siemens A G	Add 15.76%	25,627	0.16
☰	SAP - SAP SE	Add 15.18%	16,360	0.06
☰	WX - Wuxi Pharmatech Cayman Inc	Add 13.80%	19,100	0.03
☰	UNH - United Health Group Inc.	Add 12.27%	151,422	0.59
☰	CEO - Cnooc Ltd	Add 10.92%	8,783	0.06
☰	TM - Toyota Motor Corp	Add 10.69%	12,690	0.07
☰	HSBC - HSBC Holdings plc	Add 10.45%	31,710	0.07
☰	CYD - China Yuchai Intl Ltd.	Add 10.25%	15,700	0.01
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 9.45%	78,200	0.04
☰	WIT - Wipro Ltd ADR	Add 9.44%	1,700	0.00
☰	CHT - Chunghwa Telecom Co Ltd	Add 9.43%	700	0.00
☰	GA - Giant Interactive Group Inc	Add 9.23%	1,200	0.00
☰	BA - Boeing Co.	Add 8.87%	53,400	0.32
☰	AVFA - Advanced Semiconductor Engr	Add 3.46%	5,100	0.00
☰	SBS - Companhia De SAneamento Basi	Add 1.31%	2,100	0.00
☰	SNPTY - China Pete & Chem Corp	Add 0.91%	700	0.00
☰	CSX - CSX Corp.	Buy	2,356,551	3.27
☰	PGR - Progressive Corp.	Buy	2,490,746	2.89
☰	AVVIY - Aviva Plc	Buy	830,192	0.61
☰	CSN - Credit Suisse Group	Buy	280,682	0.41
☰	AXAHY - Axa	Buy	333,037	0.39
☰	TV - Grupo Televisa, S.A.B.	Buy	24,407	0.04
☰	EPI - Wisdomtree Trust	Reduce 0.37%	8,000	0.01
☰	73HK - Ryanair Hldgs Plc	Reduce 0.54%	11,132	0.03
☰	LO - Lorillard Inc	Reduce 2.68%	13,800	0.04
☰	APOL - Apollo Ed Group Inc	Reduce 8.62%	183,166	0.30
☰	TTEN - Total S A	Reduce 10.21%	22,177	0.08
☰	RDS.A - Royal Dutch Shell Plc	Reduce 11.36%	26,052	0.11
☰	KT - KT Corp.	Reduce 12.23%	21,320	0.02
☰	WU - Western Union Co.	Reduce 13.60%	412,200	0.43
☰	FMX - Fomento Economico Mexicano	Reduce 16.60%	3,900	0.02
☰	BRFS - Brf SA	Reduce 18.56%	13,400	0.02
☰	VODD - Vodafone Group Plc New	Reduce 24.14%	107,927	0.24
☰	IMO - Imperial Oil Ltd.	Reduce 25.14%	94,787	0.24
☰	UMC - United Microelectronics Corp	Reduce 40.51%	81,900	0.01
☰	PTRCY - Petrochina Co Ltd	Reduce 53.30%	16,900	0.10
☰	AUOTY - Au Optronics Corp	Reduce 67.24%	210,800	0.04
☰	CHL - China Mobile Limited	Reduce 68.85%	57,900	0.17
☰	INFY - Infosys Ltd.	Reduce 77.37%	55,700	0.18
☰	JPM - JPMorgan Chase & Co.	Sell 100.00%	771,846	2.71
☰	BBVA - Banco Bilbao Vizcaya Argenta	Sell 100.00%	631,612	0.45
☰	EEM - Ishares	Sell 100.00%	96,900	0.23
☰	GAME - Shanda Games Ltd	Sell 100.00%	795,400	0.21
	Q4 2013
☰	INFY - Infosys Ltd.	Add 510.39%	60,200	0.19
☰	RDS.A - Royal Dutch Shell Plc	Add 318.66%	174,565	0.72
☰	BCS - Barclays plc ADR	Add 301.62%	623,598	0.65
☰	OUBSF - Ubs Ag	Add 298.62%	721,141	0.80
☰	NVS - Novartis AG	Add 292.43%	209,947	0.97
☰	BBVA - Banco Bilbao Vizcaya Argenta	Add 286.93%	468,374	0.33
☰	SNY - Sanofi Aventis	Add 277.96%	317,199	0.98
☰	TTM-OLD - Tata Mtrs Ltd	Add 260.88%	162,800	0.29
☰	CEO - Cnooc Ltd	Add 260.13%	58,108	0.63
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 258.05%	644,346	0.39
☰	IMO - Imperial Oil Ltd.	Add 255.65%	271,006	0.69
☰	LYG - Lloyds TSB Grp Plc ADR	Add 241.88%	2,034,455	0.62
☰	SAP - SAP SE	Add 238.91%	75,984	0.38
☰	CUK - Carnival Plc	Add 230.59%	131,229	0.31
☰	BTI - British American Tobacco plc	Add 213.66%	113,683	0.70
☰	HSBC - HSBC Holdings plc	Add 208.74%	205,204	0.65
☰	SIEGY - Siemens A G	Add 195.11%	107,537	0.85
☰	VODD - Vodafone Group Plc New	Add 186.74%	291,130	0.66
☰	TTEN - Total S A	Add 184.43%	140,779	0.49
☰	TM - Toyota Motor Corp	Add 160.89%	73,213	0.51
☰	RIO - Rio Tinto Group	Add 144.90%	75,947	0.25
☰	FAF - First Amer'n Corp.	Add 96.25%	813,032	1.37
☰	EPI - Wisdomtree Trust	Add 83.85%	981,600	0.99
☰	SKM - Sk Telecom Ltd	Add 76.13%	641,706	0.86
☰	WFC - Wells Fargo	Add 66.63%	557,200	1.52
☰	VALE - Vale SA	Add 56.01%	372,100	0.30
☰	APC - Anadarko Pete Corp	Add 35.92%	166,000	0.79
☰	ORCL - Oracle Corp.	Add 31.73%	525,000	1.20
☰	JNJ - Johnson & Johnson	Add 31.25%	133,200	0.73
☰	UNH - United Health Group Inc.	Add 31.02%	292,084	1.32
☰	PTRCY - Petrochina Co Ltd	Add 30.98%	7,500	0.04
☰	WX - Wuxi Pharmatech Cayman Inc	Add 29.83%	31,800	0.07
☰	C - Citigroup Inc.	Add 29.43%	333,700	1.04
☰	TSM - Taiwan Semiconductor S.A.	Add 29.43%	122,600	0.12
☰	CCL - Carnival Corp.	Add 29.34%	269,800	0.65
☰	MO - Altria Group Inc.	Add 29.23%	285,600	0.66
☰	NOV - Nov Inc.	Add 28.40%	176,100	0.84
☰	SBS - Companhia De SAneamento Basi	Add 24.09%	31,200	0.02
☰	WU - Western Union Co.	Add 23.49%	576,600	0.60
☰	BA - Boeing Co.	Add 22.82%	111,900	0.92
☰	APOL - Apollo Ed Group Inc	Add 21.92%	381,766	0.62
☰	LO - Lorillard Inc	Add 19.10%	82,600	0.25
☰	CYD - China Yuchai Intl Ltd.	Add 13.40%	18,100	0.02
☰	DIS - Walt Disney Co.	Add 8.68%	30,400	0.14
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 4.43%	35,100	0.03
☰	MSFT - Microsoft Corp.	Add 4.05%	82,595	0.19
☰	AAL - American Airls Group Inc	Buy	2,351,316	3.55
☰	EMC - E M C Corp Mass	Buy	2,296,761	3.46
☰	JPM - JPMorgan Chase & Co.	Buy	771,846	2.71
☰	KEP - Korea Electric Pwr	Buy	908,679	0.80
☰	RDY - Dr Reddys Labs Ltd	Buy	256,481	0.60
☰	ABBNY - Abb Ltd	Buy	356,213	0.54
☰	EEM - Ishares	Buy	96,900	0.23
☰	GAME - Shanda Games Ltd	Buy	795,400	0.21
☰	AMX - America Movil SAb De Cv	Buy	14,500	0.02
☰	WIT - Wipro Ltd ADR	Buy	18,000	0.01
☰	FMX - Fomento Economico Mexicano	Reduce 29.22%	9,700	0.08
☰	BRFS - Brf SA	Reduce 42.92%	54,300	0.11
☰	73HK - Ryanair Hldgs Plc	Reduce 43.88%	1,604,984	6.56
☰	KT - KT Corp.	Reduce 53.32%	199,103	0.27
☰	SNPTY - China Pete & Chem Corp	Reduce 54.06%	90,380	0.58
☰	UMC - United Microelectronics Corp	Reduce 73.68%	566,000	0.03
☰	CHL - China Mobile Limited	Reduce 75.32%	256,700	1.19
☰	GA - Giant Interactive Group Inc	Reduce 93.31%	181,400	0.14
☰	A - Agilent Technologies	Sell 100.00%	848,520	3.69
☰	NDAQ - Nasdaq Inc.	Sell 100.00%	1,278,500	3.48
☰	LCC - Us Airways Group Inc	Sell 100.00%	1,753,133	2.82
☰	AVVIY - Aviva Plc	Sell 100.00%	253,936	0.27
☰	AXAHY - Axa	Sell 100.00%	107,357	0.20
☰	EWT - Ishares Msci Taiwan ETF	Sell 100.00%	110,000	0.13
☰	TUR - Ishares	Sell 100.00%	110,000	0.13
	Q3 2013
☰	INFY - Infosys Ltd.	Add 463.01%	9,700	0.04
☰	AUOTY - Au Optronics Corp	Add 272.73%	229,400	0.07
☰	AVFA - Advanced Semiconductor Engr	Add 228.08%	102,400	0.04
☰	NDAQ - Nasdaq Inc.	Add 171.96%	808,400	2.20
☰	BRFS - Brf SA	Add 129.58%	71,400	0.14
☰	C - Citigroup Inc.	Add 90.09%	537,400	2.21
☰	FMX - Fomento Economico Mexicano	Add 83.76%	15,133	0.12
☰	TTM-OLD - Tata Mtrs Ltd	Add 72.85%	26,300	0.06
☰	IMO - Imperial Oil Ltd.	Add 71.03%	44,025	0.16
☰	IBN - ICICI Bank Ltd.	Add 63.64%	2,800	0.01
☰	ORCL - Oracle Corp.	Add 63.00%	639,600	1.79
☰	CCL - Carnival Corp.	Add 58.88%	340,800	0.95
☰	MSFT - Microsoft Corp.	Add 56.83%	738,400	2.09
☰	MO - Altria Group Inc.	Add 52.62%	336,900	0.98
☰	SMFG - Sumitomo Mitsui Spons ADR	Add 50.54%	83,830	0.07
☰	A - Agilent Technologies	Add 46.15%	267,920	1.17
☰	WU - Western Union Co.	Add 45.46%	767,100	1.22
☰	JNJ - Johnson & Johnson	Add 45.30%	132,900	0.98
☰	BA - Boeing Co.	Add 43.27%	148,122	1.48
☰	APC - Anadarko Pete Corp	Add 42.92%	138,800	1.10
☰	APOL - Apollo Group Inc	Add 42.59%	520,300	0.91
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 39.04%	222,600	0.31
☰	CEO - Cnooc Ltd	Add 37.15%	6,051	0.10
☰	SKM - Sk Telecom Ltd	Add 32.62%	207,345	0.37
☰	BTI - British American Tobacco plc	Add 30.12%	12,315	0.11
☰	SNY - Sanofi Aventis	Add 29.10%	25,724	0.11
☰	LYG - Lloyds TSB Grp Plc ADR	Add 28.77%	187,913	0.07
☰	BCS - Barclays plc ADR	Add 28.27%	45,565	0.06
☰	SIEGY - Siemens A G	Add 27.76%	11,977	0.12
☰	UNH - United Health Group Inc.	Add 27.60%	203,700	1.24
☰	WFC - Wells Fargo	Add 26.60%	175,700	0.62
☰	GA - Giant Interactive Group Inc	Add 22.88%	36,200	0.03
☰	NVS - Novartis AG	Add 21.87%	12,885	0.08
☰	CUK - Carnival Plc	Add 20.40%	9,641	0.03
☰	PTRCY - Petrochina Co Ltd	Add 20.39%	4,100	0.04
☰	DIS - Walt Disney Co.	Add 19.79%	57,900	0.32
☰	VODD - Vodafone Group Plc New	Add 18.90%	24,780	0.07
☰	RDS.A - Royal Dutch Shell Plc	Add 18.74%	8,644	0.05
☰	AXAHY - Axa	Add 18.73%	16,937	0.03
☰	CHL - China Mobile Limited	Add 18.70%	53,700	0.25
☰	HSBC - HSBC Holdings plc	Add 18.66%	15,461	0.07
☰	SAP - SAP SE	Add 18.22%	4,902	0.03
☰	TM - Toyota Motor Corp	Add 17.44%	6,759	0.07
☰	SNPTY - China Pete & Chem Corp	Add 14.13%	20,700	0.13
☰	EPI - Wisdomtree Trust	Add 11.75%	123,100	0.15
☰	SPIL - Siliconware Precision Inds L	Add 11.30%	8,300	0.00
☰	CYD - China Yuchai Intl Ltd.	Add 6.72%	8,500	0.02
☰	OUBSF - Ubs Ag	Add 5.14%	11,815	0.02
☰	VALE - Vale SA	Add 3.86%	24,700	0.03
☰	TTEN - Total S A	Add 3.42%	2,526	0.01
☰	NOV - Nov Inc.	Buy	620,100	4.11
☰	LCC - Us Airways Group Inc	Buy	1,753,133	2.82
☰	FAF - First Amer'n Corp.	Buy	844,700	1.75
☰	LO - Lorillard Inc	Buy	432,400	1.64
☰	WX - Wuxi Pharmatech Cayman Inc	Buy	106,600	0.24
☰	BBVA - Banco Bilbao Vizcaya Argenta	Buy	163,238	0.15
☰	EWT - Ishares Msci Taiwan ETF	Buy	110,000	0.13
☰	TUR - Ishares	Buy	110,000	0.13
☰	AVVIY - Aviva Plc	Reduce 0.20%	507	0.00
☰	RIO - Rio Tinto Group	Reduce 13.75%	8,354	0.04
☰	KT - KT Corp.	Reduce 14.17%	61,677	0.10
☰	73HK - Ryanair Hldgs Plc	Reduce 17.26%	762,912	4.24
☰	TSM - Taiwan Semiconductor S.A.	Reduce 57.41%	561,600	1.11
☰	SBS - Companhia De SAneamento Basi	Reduce 66.91%	261,822	0.29
☰	UMC - United Microelectronics Corp	Reduce 82.72%	3,677,100	0.21
☰	APD - Air Products & Chemicals	Sell 100.00%	378,000	3.96
☰	TSS - Total Sys Svcs Inc	Sell 100.00%	906,400	2.54
☰	STT - State Street Corp.	Sell 100.00%	189,650	1.42
☰	BCR - Bard C R Inc	Sell 100.00%	43,600	0.51
☰	BQV1 - Sterlite Inds India Ltd	Sell 100.00%	11,993	0.01
	Q2 2013
☰	UMC - United Microelectronics Corp	Add 4,937.17%	4,357,000	0.25
☰	SBS - Companhia De SAneamento Basi	Add 246.38%	278,348	0.31
☰	GA - Giant Interactive Group Inc	Add 151.51%	95,300	0.08
☰	LYG - Lloyds TSB Grp Plc ADR	Add 134.37%	374,477	0.15
☰	IMO - Imperial Oil Ltd.	Add 106.90%	32,023	0.13
☰	SKM - Sk Telecom Ltd	Add 81.60%	285,570	0.62
☰	SNPTY - China Pete & Chem Corp	Add 72.17%	61,405	0.47
☰	CEO - Cnooc Ltd	Add 67.89%	6,586	0.12
☰	RIO - Rio Tinto Group	Add 65.05%	23,950	0.11
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 64.51%	223,600	0.35
☰	CHL - China Mobile Limited	Add 58.27%	105,700	0.59
☰	BCS - Barclays plc ADR	Add 45.16%	50,144	0.09
☰	AVVIY - Aviva Plc	Add 42.17%	75,475	0.09
☰	SIEGY - Siemens A G	Add 35.77%	11,366	0.12
☰	VODD - Vodafone Group Plc New	Add 34.24%	33,447	0.10
☰	SAP - SAP SE	Add 29.58%	6,142	0.05
☰	OUBSF - Ubs Ag	Add 29.00%	51,630	0.09
☰	HSBC - HSBC Holdings plc	Add 28.84%	18,545	0.10
☰	AXAHY - Axa	Add 28.25%	19,918	0.04
☰	TTEN - Total S A	Add 24.63%	14,586	0.08
☰	TSM - Taiwan Semiconductor S.A.	Add 23.12%	183,700	0.36
☰	NVS - Novartis AG	Add 21.50%	10,425	0.08
☰	ORCL - Oracle Corp.	Add 18.96%	161,800	0.57
☰	SNY - Sanofi Aventis	Add 14.60%	11,263	0.06
☰	RDS.A - Royal Dutch Shell Plc	Add 14.55%	5,862	0.04
☰	BTI - British American Tobacco plc	Add 10.81%	3,988	0.04
☰	KT - KT Corp.	Add 10.57%	41,600	0.07
☰	EPI - Wisdomtree Trust	Add 8.10%	78,500	0.14
☰	C - Citigroup Inc.	Add 7.98%	44,100	0.24
☰	PTRCY - Petrochina Co Ltd	Add 6.35%	1,200	0.01
☰	73HK - Ryanair Hldgs Plc	Add 6.03%	251,375	1.40
☰	VALE - Vale SA	Add 3.56%	22,000	0.03
☰	CYD - China Yuchai Intl Ltd.	Add 2.68%	3,300	0.01
☰	A - Agilent Technologies	Add 0.36%	2,100	0.01
☰	MO - Altria Group Inc.	Add 0.05%	300	0.00
☰	CCL - Carnival Corp.	Buy	578,800	2.27
☰	CUK - Carnival Plc	Buy	47,269	0.18
☰	SMFG - Sumitomo Mitsui Spons ADR	Buy	165,869	0.16
☰	BRFS - Brf SA	Buy	55,100	0.13
☰	APD - Air Products & Chemicals	Reduce 0.13%	500	0.01
☰	TSS - Total Sys Svcs Inc	Reduce 0.15%	1,400	0.00
☰	WFC - Wells Fargo	Reduce 0.17%	1,100	0.01
☰	APOL - Apollo Group Inc	Reduce 0.38%	4,700	0.01
☰	MSFT - Microsoft Corp.	Reduce 0.44%	5,700	0.02
☰	DIS - Walt Disney Co.	Reduce 0.71%	2,100	0.02
☰	JNJ - Johnson & Johnson	Reduce 0.74%	2,200	0.02
☰	TM - Toyota Motor Corp	Reduce 0.88%	344	0.01
☰	UNH - United Health Group Inc.	Reduce 1.15%	8,600	0.07
☰	APC - Anadarko Pete Corp	Reduce 6.85%	23,800	0.29
☰	BA - Boeing Co.	Reduce 8.06%	30,000	0.35
☰	NDAQ - Nasdaq Inc.	Reduce 16.19%	90,800	0.40
☰	WU - Western Union Co.	Reduce 17.89%	367,800	0.76
☰	STT - State Street Corp.	Reduce 29.77%	80,400	0.65
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 57.58%	49,000	0.17
☰	FMX - Fomento Economico Mexicano	Reduce 67.31%	37,200	0.60
☰	BCR - Bard C R Inc	Reduce 75.98%	137,900	1.92
☰	BQV1 - Sterlite Inds India Ltd	Reduce 98.12%	625,307	0.16
☰	STJ - St Jude Med Inc	Sell 100.00%	425,000	2.36
☰	MOH - Molina Healthcare Inc.	Sell 100.00%	350,100	1.48
☰	ABV - Companhia De Bebidas Das Ame	Sell 100.00%	67,600	0.40
☰	LPL - Lg Display Co Ltd	Sell 100.00%	106,900	0.22
☰	KEP - Korea Electric Pwr	Sell 100.00%	111,570	0.21
	Q1 2013
☰	C - Citigroup Inc.	Add 81.41%	247,900	1.51
☰	SIEGY - Siemens A G	Add 67.06%	12,755	0.19
☰	BA - Boeing Co.	Add 37.33%	101,200	1.19
☰	VALE - Vale SA	Add 30.68%	145,000	0.34
☰	HSBC - HSBC Holdings plc	Add 23.15%	12,087	0.09
☰	AVVIY - Aviva Plc	Add 19.58%	29,307	0.04
☰	KT - KT Corp.	Add 16.56%	55,900	0.12
☰	OUBSF - Ubs Ag	Add 16.43%	25,120	0.06
☰	BCS - Barclays plc ADR	Add 14.84%	14,350	0.04
☰	SNY - Sanofi Aventis	Add 14.62%	9,837	0.07
☰	BTI - British American Tobacco plc	Add 14.52%	4,680	0.07
☰	FMX - Fomento Economico Mexicano	Add 13.33%	6,500	0.10
☰	TM - Toyota Motor Corp	Add 12.53%	4,354	0.06
☰	PBR/A - Petroleo Brasileiro SA Petro	Add 12.46%	38,400	0.10
☰	CYD - China Yuchai Intl Ltd.	Add 10.59%	11,800	0.03
☰	MO - Altria Group Inc.	Add 10.21%	59,300	0.28
☰	UNH - United Health Group Inc.	Add 5.96%	42,000	0.33
☰	APD - Air Products & Chemicals	Add 5.58%	20,000	0.24
☰	ORCL - Oracle Corp.	Add 4.94%	40,200	0.18
☰	A - Agilent Technologies	Add 4.74%	26,200	0.15
☰	NVS - Novartis AG	Add 4.60%	2,133	0.02
☰	PTRCY - Petrochina Co Ltd	Add 4.42%	800	0.01
☰	STT - State Street Corp.	Add 4.37%	11,300	0.09
☰	TSS - Total Sys Svcs Inc	Add 4.19%	36,500	0.12
☰	APC - Anadarko Pete Corp	Add 3.89%	13,000	0.16
☰	BCR - Bard C R Inc	Add 3.24%	5,700	0.08
☰	SKM - Sk Telecom Ltd	Add 2.82%	9,600	0.02
☰	VODD - Vodafone Group Plc New	Add 2.27%	2,169	0.01
☰	SNPTY - China Pete & Chem Corp	Add 2.16%	1,800	0.03
☰	TSM - Taiwan Semiconductor S.A.	Add 1.89%	14,700	0.04
☰	EPI - Wisdomtree Trust	Add 1.54%	14,700	0.04
☰	RIO - Rio Tinto Group	Add 1.08%	392	0.00
☰	73HK - Ryanair Hldgs Plc	Buy	4,169,167	10.49
☰	MSFT - Microsoft Corp.	Buy	1,305,057	5.13
☰	WU - Western Union Co.	Buy	2,055,365	4.25
☰	APOL - Apollo Group Inc	Buy	1,226,320	2.95
☰	NDAQ - Nasdaq Inc.	Buy	560,900	2.49
☰	TTEN - Total S A	Buy	59,219	0.40
☰	RDS.A - Royal Dutch Shell Plc	Buy	40,275	0.37
☰	CEO - Cnooc Ltd	Buy	9,701	0.26
☰	KEP - Korea Electric Pwr	Buy	111,570	0.21
☰	IMO - Imperial Oil Ltd.	Buy	29,957	0.17
☰	LYG - Lloyds TSB Grp Plc ADR	Buy	278,695	0.12
☰	DIS - Walt Disney Co.	Reduce 2.09%	6,300	0.06
☰	CHL - China Mobile Limited	Reduce 2.94%	5,500	0.06
☰	AXAHY - Axa	Reduce 3.46%	2,524	0.01
☰	WFC - Wells Fargo	Reduce 5.30%	37,000	0.24
☰	SAP - SAP SE	Reduce 7.64%	1,717	0.03
☰	JNJ - Johnson & Johnson	Reduce 16.78%	59,600	0.80
☰	STJ - St Jude Med Inc	Reduce 24.48%	137,800	0.95
☰	SBS - Companhia De SAneamento Basi	Reduce 29.82%	48,000	0.39
☰	MOH - Molina Healthcare Inc.	Reduce 37.06%	206,100	1.07
☰	TTM-OLD - Tata Mtrs Ltd	Reduce 89.79%	748,378	1.44
☰	PGR - Progressive Corp.	Sell 100.00%	915,700	3.70
☰	WHR - Whirlpool Corp.	Sell 100.00%	146,380	2.84
☰	AMX - Semiconductor Engr America Movil SAb	Sell 100.00%	87,600	0.40
	Q4 2012
☰	ABV - Co Ltd Companhia De	Add 498.23%	56,300	0.47
☰	TSM - Taiwan Semiconductor S.A.	Add 294.45%	582,100	1.96
☰	KT - KT Corp.	Add 229.32%	235,100	0.77
☰	VODD - Vodafone Group Plc	Add 220.17%	65,676	0.32
☰	CHL - China Mobile	Add 196.67%	123,900	1.43
☰	PBR/A - Petroleo	Add 191.81%	202,584	0.77
☰	RIO - Rio Tinto Group	Add 151.23%	21,926	0.25
☰	MO - Altria Group Inc.	Add 140.91%	339,600	2.04
☰	A - Agilent Technologies	Add 110.97%	290,510	2.27
☰	OUBSF - Ubs Ag	Add 100.26%	76,565	0.24
☰	HSBC - HSBC Holdings plc	Add 100.23%	26,135	0.27
☰	SBS - Bebidas Das Ame Companhia De	Add 95.63%	78,687	0.65
☰	APC - Anadarko Pete Corp	Add 81.93%	150,500	2.14
☰	APD - Air Products & Chemicals	Add 80.97%	160,400	2.58
☰	PGR - Progressive Corp.	Add 74.02%	389,500	1.57
☰	TSS - Total Sys Svcs Inc	Add 73.19%	368,200	1.51
☰	BA - Boeing Co.	Add 72.35%	113,800	1.64
☰	ORCL - Oracle Corp.	Add 71.96%	340,300	2.17
☰	NVS - Novartis AG	Add 69.49%	19,003	0.23
☰	TM - Toyota Motor Corp	Add 68.33%	14,101	0.26
☰	WFC - Wells Fargo	Add 67.59%	281,800	1.84
☰	DIS - Walt Disney Co.	Add 63.98%	117,400	1.12
☰	AVVIY - Aviva Plc	Add 63.76%	58,270	0.14
☰	BTI - British American Tobacco plc	Add 58.29%	11,867	0.24
☰	UNH - United Health Group Inc.	Add 55.50%	251,500	2.62
☰	SAP - SAP SE	Add 55.37%	8,011	0.12
☰	JNJ - Johnson & Johnson	Add 44.93%	110,100	1.48
☰	SNY - Sanofi Aventis	Add 35.74%	17,718	0.16
☰	MOH - Molina Healthcare Inc.	Add 35.10%	144,500	0.75
☰	BCS - Barclays plc ADR	Add 33.73%	24,388	0.08
☰	PTRCY - Petrochina Co Ltd	Add 29.27%	4,100	0.12
☰	AMX - Semiconductor Engr America Movil SAb	Add 21.84%	15,700	0.07
☰	BCR - Co New Bard C R Inc	Add 20.49%	29,900	0.56
☰	AXAHY - Axa	Add 18.34%	11,318	0.04
☰	SIEGY - Siemens A G	Add 18.02%	2,904	0.06
☰	EPI - Wisdomtree Trust	Add 16.02%	131,800	0.50
☰	SNPTY - Limited China Pete & Chem	Add 2.71%	2,200	0.05
☰	SKM - Precision Inds L Sk Telecom Ltd	Add 2.41%	8,000	0.02
☰	WHR - Whirlpool Corp.	Add 0.12%	180	0.00
☰	STJ - Ohio St Jude Med Inc	Buy	562,800	3.89
☰	STT - State Street Corp.	Buy	258,750	2.33
☰	C - Citigroup Inc.	Buy	304,500	2.30
☰	LPL - Lg Display Co Ltd	Buy	106,900	0.30
☰	IBN - ICICI Bank Ltd.	Buy	4,400	0.04
☰	VALE - Vale SA	Reduce 1.27%	6,100	0.03
☰	FMX - Fomento Economico Mexicano	Reduce 1.81%	900	0.02
☰	TTM-OLD - Semiconductor Mfg Ltd Tata Mtrs Ltd	Reduce 10.26%	95,255	0.24
☰	73HK - Ryanair Hldgs Plc	Sell 100.00%	4,228,989	9.24
☰	WU - Western Union Co.	Sell 100.00%	1,157,365	5.20
☰	MSFT - Microsoft Corp.	Sell 100.00%	631,357	4.64
☰	NDAQ - Nasdaq Inc.	Sell 100.00%	666,800	3.83
☰	APOL - Apollo Group Inc	Sell 100.00%	543,620	3.60
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Sell 100.00%	23,700	0.25
☰	CEO - Cnooc Ltd	Sell 100.00%	4,441	0.23
☰	HMC - Honda Motor Ltd	Sell 100.00%	18,123	0.14
☰	RDY - Basi Dr Reddys Labs Ltd	Sell 100.00%	4,531	0.04
	Q3 2012
☰	AMX - Engr America Movil SAb De Cv	Add 170.30%	45,300	0.29
☰	EPI - Index F Wisdomtree Trust	Add 120.48%	449,500	2.16
☰	APOL - Apollo Group Inc	Add 70.13%	224,083	1.48
☰	NDAQ - Nasdaq Inc.	Add 45.88%	209,700	1.20
☰	APD - Air Products & Chemicals	Add 43.79%	60,334	1.23
☰	PGR - Progressive Corp.	Add 42.45%	156,800	0.80
☰	MOH - Molina Healthcare Inc.	Add 23.45%	78,200	0.48
☰	UNH - United Health Group Inc.	Add 22.56%	83,400	1.15
☰	APC - Anadarko Pete Corp	Add 21.25%	32,200	0.56
☰	BA - Boeing Co.	Add 18.54%	24,600	0.42
☰	JNJ - Johnson & Johnson	Add 18.24%	37,800	0.64
☰	VALE - Vale SA	Add 17.44%	71,100	0.31
☰	WFC - Wells Fargo	Add 16.58%	59,300	0.50
☰	TSS - Total Sys Svcs Inc	Add 16.27%	70,400	0.41
☰	WHR - Whirlpool Corp.	Add 15.66%	19,800	0.40
☰	MSFT - Microsoft Corp.	Add 14.45%	79,700	0.59
☰	AVFA - Advanced Semiconductor	Add 13.99%	5,509	0.00
☰	FMX - Fomento Economico Mexicano	Add 12.20%	5,400	0.13
☰	BCR - Bard C R Inc	Add 11.80%	15,400	0.39
☰	SIEGY - Siemens A G	Add 2.08%	329	0.01
☰	MO - Altria Group Inc.	Add 0.04%	100	0.00
☰	73HK - Ryanair Hldgs Plc	Buy	4,228,989	9.24
☰	WU - Western Union Co.	Buy	1,157,365	5.20
☰	A - Agilent Technologies	Buy	261,790	2.48
☰	TTM-OLD - Ltd Tata Mtrs Ltd	Buy	928,736	2.37
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Buy	23,700	0.25
☰	UMC - United Microelectronics	Buy	88,249	0.05
☰	OUBSF - Ubs Ag	Reduce 0.54%	418	0.00
☰	AVVIY - Aviva Plc	Reduce 1.18%	1,089	0.00
☰	BCS - Barclays plc ADR	Reduce 2.20%	1,626	0.01
☰	TM - Toyota Motor Corp	Reduce 3.18%	678	0.02
☰	HSBC - HSBC Holdings plc	Reduce 3.48%	941	0.01
☰	BTI - British American Tobacco plc	Reduce 4.45%	948	0.03
☰	SAP - SAP SE	Reduce 4.54%	688	0.01
☰	SNY - Sanofi Aventis	Reduce 5.10%	2,663	0.03
☰	ORCL - Oracle Corp.	Reduce 5.33%	26,600	0.27
☰	SBS - Ame Companhia De SAneamento	Reduce 9.36%	8,500	0.22
☰	BQV1 - Sterlite Inds India Ltd	Reduce 9.62%	67,850	0.05
☰	AXAHY - Axa	Reduce 13.40%	9,551	0.04
☰	NVS - Novartis AG	Reduce 13.45%	4,251	0.08
☰	VODD - Vodafone Group Plc New	Reduce 14.10%	4,898	0.05
☰	PBR/A - Petroleo Brasileiro SA	Reduce 14.56%	18,000	0.11
☰	DIS - Walt Disney Co.	Reduce 16.89%	37,300	0.61
☰	RIO - Rio Tinto Group	Reduce 25.67%	5,007	0.08
☰	PTRCY - Petrochina Co Ltd	Reduce 29.99%	6,000	0.27
☰	TSM - Taiwan Semiconductor S.A.	Reduce 49.14%	191,002	0.92
☰	HMC - Honda Motor Ltd	Reduce 56.14%	23,195	0.27
☰	CEO - Cnooc Ltd	Reduce 58.39%	6,232	0.43
☰	ABV - Companhia De Bebidas Das	Reduce 62.58%	18,900	0.25
☰	KT - KT Corp.	Reduce 69.94%	238,500	1.08
☰	CHL - China Mobile Limited	Reduce 72.94%	169,819	3.19
☰	RDY - Basi Dr Reddys Labs Ltd	Reduce 86.64%	29,385	0.30
☰	VECO - Veeco Instruments	Sell 100.00%	88,701	1.03
☰	BP - BP plc	Sell 100.00%	16,843	0.23
☰	SAN - Banco SAntander SA	Sell 100.00%	73,765	0.16
☰	YZCAY - Yanzhou Coal Mng Co Ltd	Sell 100.00%	16,100	0.08
☰	ITUB - ita Unibanco Holding S.A.	Sell 100.00%	6,418	0.03
	Q2 2012
☰	BQV1 - Sterlite Inds India Ltd	Add 5,779.68%	693,157	0.46
☰	RDY - Dr Reddys Labs Ltd	Add 648.53%	29,385	0.30
☰	KT - KT Corp.	Add 73.71%	144,700	0.66
☰	RIO - Rio Tinto Group	Add 65.93%	7,750	0.12
☰	APC - Anadarko Pete Corp	Add 59.14%	56,300	1.26
☰	CEO - Cnooc Ltd	Add 49.09%	3,514	0.24
☰	SAP - SAP SE	Add 41.02%	4,408	0.09
☰	EPI - Wisdomtree Trust	Add 41.01%	108,500	0.64
☰	BCS - Barclays plc ADR	Add 40.21%	21,202	0.08
☰	AMX - America Movil SAb De Cv	Add 24.30%	5,200	0.05
☰	APD - Air Products & Chemicals	Add 22.93%	25,700	0.70
☰	OUBSF - Ubs Ag	Add 17.64%	11,513	0.04
☰	JNJ - Johnson & Johnson	Add 14.72%	26,600	0.61
☰	SIEGY - Siemens A G	Add 12.96%	1,811	0.05
☰	VALE - Vale SA	Add 11.09%	40,700	0.27
☰	AXAHY - Axa	Add 7.56%	5,011	0.02
☰	SAN - Banco SAntander SA	Add 7.40%	5,085	0.01
☰	ORCL - Oracle Corp.	Add 7.19%	33,500	0.34
☰	APOL - Apollo Group Inc	Add 6.64%	19,900	0.24
☰	HSBC - HSBC Holdings plc	Add 5.46%	1,398	0.02
☰	MO - Altria Group Inc.	Add 5.38%	12,300	0.14
☰	AVVIY - Aviva Plc	Add 5.30%	4,656	0.01
☰	MSFT - Microsoft Corp.	Add 5.15%	27,000	0.28
☰	BA - Boeing Co.	Add 4.82%	6,100	0.15
☰	SNY - Sanofi Aventis	Add 4.48%	2,242	0.03
☰	HMC - Honda Motor Ltd	Add 3.80%	1,514	0.02
☰	PGR - Progressive Corp.	Add 3.68%	13,100	0.09
☰	PTRCY - Petrochina Co Ltd	Add 3.09%	600	0.03
☰	TSM - Taiwan Semiconductor S.A.	Add 2.78%	10,500	0.05
☰	BTI - British American Tobacco plc	Add 2.62%	544	0.02
☰	CHL - China Mobile Limited	Add 1.88%	4,300	0.08
☰	SNPTY - China Pete & Chem Corp	Add 1.88%	1,500	0.05
☰	SKM - Sk Telecom Ltd	Add 1.84%	6,000	0.02
☰	NDAQ - Nasdaq Inc.	Buy	457,100	3.50
☰	WHR - Whirlpool Corp.	Buy	126,400	2.61
☰	VECO - Veeco Instruments	Buy	88,701	1.03
☰	UNH - United Health Group Inc.	Reduce 1.12%	4,200	0.05
☰	NVS - Novartis AG	Reduce 3.19%	1,040	0.01
☰	SBS - Companhia De SAneamento Basi	Reduce 5.22%	5,000	0.08
☰	MOH - Molina Healthcare Inc.	Reduce 5.82%	20,600	0.15
☰	TSS - Total Sys Svcs Inc	Reduce 6.52%	30,200	0.15
☰	TM - Toyota Motor Corp	Reduce 6.82%	1,561	0.03
☰	WFC - Wells Fargo	Reduce 8.10%	31,500	0.23
☰	ABV - Companhia De Bebidas Das Ame	Reduce 8.76%	2,900	0.03
☰	DIS - Walt Disney Co.	Reduce 11.89%	29,800	0.28
☰	BCR - Bard C R Inc	Reduce 14.20%	21,600	0.46
☰	BP - BP plc	Reduce 19.39%	4,051	0.04
☰	VODD - Vodafone Group Plc New	Reduce 21.11%	9,290	0.06
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 29.45%	51,600	0.29
☰	FMX - Fomento Economico Mexicano	Reduce 37.18%	26,200	0.47
☰	ITUB - ita Unibanco Holding S.A.	Reduce 74.85%	19,100	0.08
☰	73HK - Ryanair Hldgs Plc	Sell 100.00%	4,373,738	34.83
☰	WU - Western Union Co.	Sell 100.00%	879,965	3.30
☰	TTM-OLD - Tata Mtrs Ltd	Sell 100.00%	1,167,247	1.45
☰	UMC - United Microelectronics Corp	Sell 100.00%	1,688,649	0.91
☰	VEON - VEON	Sell 100.00%	9,200	0.02
	Q1 2012
☰	JNJ - Johnson & Johnson	Add 3,041.74%	174,900	2.45
☰	MO - Altria Group Inc.	Add 2,119.42%	218,300	1.43
☰	ORCL - Oracle Corp.	Add 971.26%	422,500	2.62
☰	APOL - Apollo Group Inc	Add 850.11%	268,100	2.20
☰	WU - Western Union Co.	Add 751.32%	776,600	2.91
☰	PGR - Progressive Corp.	Add 748.33%	314,300	1.55
☰	BA - Boeing Co.	Add 732.89%	111,400	1.76
☰	APD - Air Products & Chemicals	Add 732.21%	98,600	1.93
☰	MSFT - Microsoft Corp.	Add 667.52%	456,300	3.13
☰	TSS - Total Sys Svcs Inc	Add 634.76%	399,900	1.96
☰	WFC - Wells Fargo	Add 585.04%	332,300	2.42
☰	DIS - Walt Disney Co.	Add 564.72%	212,900	1.99
☰	MOH - Molina Healthcare Inc.	Add 469.29%	291,900	2.09
☰	UNH - United Health Group Inc.	Add 225.06%	258,900	3.27
☰	BCR - Bard C R Inc	Add 185.37%	98,800	2.09
☰	SKM - Inds L Sk Telecom Ltd	Add 35.55%	85,600	0.26
☰	TTM-OLD - Tata Mtrs Ltd	Add 32.91%	289,050	0.36
☰	TSM - Taiwan Semiconductor S.A.	Add 23.39%	71,700	0.24
☰	UMC - United Microelectronics Corp	Add 20.80%	290,800	0.16
☰	VALE - Vale SA	Add 10.91%	36,100	0.18
☰	ABV - Companhia De Bebidas Das Ame	Add 7.28%	2,245	0.02
☰	KT - KT Corp.	Add 3.81%	7,200	0.02
☰	PTRCY - Petrochina Co Ltd	Add 2.10%	400	0.01
☰	73HK - Ryanair Hldgs Plc	Add 1.21%	52,120	0.42
☰	APC - Anadarko Pete Corp	Buy	95,200	1.59
☰	GA - Giant Interactive Group Inc	Buy	62,900	0.07
☰	CYD - China Yuchai Intl Ltd.	Reduce 1.07%	1,200	0.01
☰	SNPTY - China Pete & Chem Corp	Reduce 5.91%	5,000	0.21
☰	PBR/A - Petroleo Brasileiro SA Petro	Reduce 6.61%	12,400	0.12
☰	EPI - Wisdomtree Trust	Reduce 8.13%	23,400	0.15
☰	HMC - Honda Motor Ltd	Reduce 8.66%	3,772	0.05
☰	SAN - Banco SAntander SA	Reduce 9.10%	6,876	0.02
☰	AVVIY - Aviva Plc	Reduce 10.36%	10,146	0.04
☰	SNY - Sanofi Aventis	Reduce 11.18%	6,294	0.09
☰	BCS - Barclays plc ADR	Reduce 14.24%	8,752	0.04
☰	HSBC - HSBC Holdings plc	Reduce 14.29%	4,272	0.07
☰	AXAHY - Axa	Reduce 14.97%	11,663	0.06
☰	TM - Toyota Motor Corp	Reduce 15.74%	4,274	0.11
☰	SBS - Companhia De SAneamento Basi	Reduce 15.82%	18,000	0.40
☰	SIEGY - Siemens A G	Reduce 15.99%	2,660	0.10
☰	BTI - British American Tobacco plc	Reduce 17.56%	4,421	0.17
☰	NVS - Novartis AG	Reduce 18.22%	7,270	0.17
☰	RIO - Rio Tinto Group	Reduce 18.25%	2,624	0.05
☰	VODD - Vodafone Group Plc New	Reduce 18.81%	10,197	0.11
☰	SAP - SAP SE	Reduce 19.51%	2,605	0.06
☰	BP - BP plc	Reduce 20.09%	5,253	0.09
☰	RDY - Dr Reddys Labs Ltd	Reduce 20.94%	1,200	0.01
☰	HDB - HDFC Bank Ltd.	Reduce 20.99%	1,200	0.01
☰	OUBSF - Ubs Ag	Reduce 27.70%	25,010	0.12
☰	CHT - Chunghwa Telecom Co Ltd	Reduce 32.66%	3,600	0.05
☰	BQV1 - Sterlite Inds India Ltd	Reduce 32.97%	5,900	0.02
☰	INFY - Infosys Ltd.	Reduce 34.43%	1,100	0.02
☰	ITUB - ita Unibanco Holding S.A.	Reduce 56.54%	33,200	0.25
☰	VEON - VEON	Reduce 59.50%	13,514	0.05
☰	AMX - America Movil	Reduce 88.56%	165,608	0.43
☰	VIV - Telefonica Brasil SA	Sell 100.00%	208,664	2.30
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Sell 100.00%	7,800	0.12
	Q4 2011
☰	UNH - United Health Group Inc.	Add 469.08%	94,820	1.94
☰	AMX - America Movil SAb De Cv S	Add 381.98%	148,208	0.39
☰	PBR/A - Petroleo Brasileiro SA Petro S	Add 282.89%	138,616	1.32
☰	SNPTY - China Pete & Chem Corp S	Add 214.44%	57,685	2.45
☰	VALE - Vale SA	Add 187.44%	215,740	1.81
☰	ITUB - ita Unibanco Holding S.A.	Add 143.74%	34,628	0.26
☰	HMC - Honda Motor Ltd	Add 50.60%	14,642	0.18
☰	DIS - Walt Disney Co.	Add 46.42%	11,952	0.18
☰	BA - Boeing Co.	Add 26.67%	3,200	0.09
☰	73HK - Ryanair Hldgs Plc	Buy	4,321,618	48.59
☰	CHL - China Mobile Limited	Buy	228,519	4.47
☰	SBS - Companhia De SAneamento Basi	Buy	113,787	2.56
☰	VIV - Telefonica Brasil SA	Buy	208,664	2.30
☰	FMX - Fomento Economico Mexicano	Buy	70,467	1.98
☰	BCR - Bard C R Inc	Buy	53,300	1.84
☰	EPI - Wisdomtree Trust I	Buy	288,000	1.81
☰	TSM - Taiwan Semiconductor S.A.	Buy	306,493	1.60
☰	SKM - Sk Telecom Ltd	Buy	240,774	1.32
☰	TTM-OLD - Tata Mtrs Ltd	Buy	878,197	1.28
☰	UMC - United Microelectronics Corp	Buy	1,397,849	1.21
☰	KT - KT Corp.	Buy	189,119	1.19
☰	BTI - British American Tobacco plc	Buy	25,183	0.96
☰	PTRCY - Petrochina Co Ltd	Buy	19,007	0.95
☰	NVS - Novartis AG	Buy	39,909	0.92
☰	SNY - Sanofi Aventis	Buy	56,291	0.83
☰	WU - Western Union Co.	Buy	103,365	0.76
☰	MSFT - Microsoft Corp.	Buy	68,357	0.72
☰	TM - Toyota Motor Corp S	Buy	27,149	0.72
☰	APOL - Apollo Group Inc	Buy	31,537	0.69
☰	SIEGY - Siemens A G	Buy	16,635	0.64
☰	CYD - China Yuchai Intl Ltd.	Buy	112,669	0.63
☰	WFC - Wells Fargo	Buy	56,800	0.63
☰	MOH - Molina Healthcare Inc.	Buy	62,200	0.56
☰	CEO - Cnooc Ltd	Buy	7,159	0.50
☰	TSS - Total Sys Svcs Inc	Buy	63,000	0.50
☰	APD - Air Products & Chemicals	Buy	13,466	0.46
☰	ABV - Companhia De Bebidas Das Ame	Buy	30,855	0.45
☰	BP - BP plc	Buy	26,147	0.45
☰	ORCL - Oracle Corp.	Buy	43,500	0.45
☰	AXAHY - Axa	Buy	77,911	0.40
☰	AVVIY - Aviva Plc	Buy	97,970	0.37
☰	PGR - Progressive Corp.	Buy	42,000	0.33
☰	SAP - SAP SE	Buy	13,352	0.29
☰	RIO - Rio Tinto Group	Buy	14,379	0.28
☰	BCS - Barclays plc ADR	Buy	61,481	0.27
☰	SAN - Banco SAntander SA	Buy	75,556	0.23
☰	AUOTY - Au Optronics Corp	Buy	84,112	0.15
☰	CHT - Chunghwa Telecom Co Ltd S	Buy	11,023	0.15
☰	JNJ - Johnson & Johnson	Buy	5,750	0.15
☰	SPIL - Siliconware Precision Inds L S	Buy	73,469	0.13
☰	MO - Altria Group Inc.	Buy	10,300	0.12
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Buy	7,800	0.12
☰	VEON - VEON	Buy	22,714	0.09
☰	AVFA - Advanced Semiconductor Engr	Buy	39,387	0.07
☰	INFY - Infosys Ltd.	Buy	3,195	0.07
☰	RDY - Dr Reddys Labs Ltd	Buy	5,731	0.07
☰	HDB - HDFC Bank Ltd.	Buy	5,716	0.06
☰	BQV1 - Sterlite Inds India Ltd	Buy	17,893	0.05
☰	VODD - Vodafone Group Plc New	Reduce 12.56%	7,785	0.50
☰	OUBSF - Ubs Ag	Reduce 31.39%	41,305	2.15
☰	HSBC - HSBC Holdings plc	Reduce 33.27%	14,902	2.44
☰	YZCAY - Yanzhou Coal Mng Co Ltd S	Reduce 81.73%	72,000	2.96
☰	BBD - Banco Bradesco S.A.	Sell 100.00%	88,400	5.01
☰	ERIC - Ericsson L M Tel Co Adr B Sek 10	Sell 100.00%	171,775	4.90
☰	CHKP - Check Point Software Technologies Ltd.	Sell 100.00%	47,800	3.86
☰	LPL - Lg Display Co Ltd Spons Adr Rep	Sell 100.00%	91,000	3.71
☰	CELJF - Cellcom Israel Ltd	Sell 100.00%	28,500	2.47
☰	MET - MetLife Inc.	Sell 100.00%	20,115	2.18
☰	COL - Rockwell Collins Inc	Sell 100.00%	13,888	2.01
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Sell 100.00%	13,424	1.93
☰	RIG - Transocean Ltd.	Sell 100.00%	7,841	1.91
☰	CAM - Cameron International Corp	Sell 100.00%	17,000	1.83
☰	ZNT - - ------------------------------------------------------------------------------------------------------------------------------- - -------------------- ------------- ----------- -------- ------------------- ---------- -------- -------------------- - -------------------- --------------- ----------- -------- -------- --- ---- ---------- -------- -------- ------ ---- Zenith Natl Ins Corp	Sell 100.00%	18,900	1.66
☰	HAL - Halliburton Co.	Sell 100.00%	19,100	1.48
☰	HOG - Harley-Davidson	Sell 100.00%	21,500	1.41
☰	TNE - Taiwan Semiconductor Tele Norte Leste Part S A	Sell 100.00%	25,500	1.36
☰	BAC - Bank of America Corp.	Sell 100.00%	27,300	1.32
☰	NRG - NRG Energy Inc.	Sell 100.00%	15,900	1.28
☰	ALL - Allstate Corp.	Sell 100.00%	14,599	1.27
☰	CX - Cemex	Sell 100.00%	33,170	1.22
☰	HD - Home Depot	Sell 100.00%	16,100	1.22
☰	CSCO - Cisco Systems	Sell 100.00%	16,975	1.14
☰	LFCHY - China Life Ins Co Ltd	Sell 100.00%	4,000	0.75
☰	IBN - ICICI Bank Ltd.	Sell 100.00%	3,700	0.41
☰	XOU - Petroleo Brasileiro Shanda Interactive - ------------------------------------------------------------------------------------------------------------------------------- - -------------------- ------------- ----------- -------- ------------------- ---------- -------- -------------------- - -------------------- --------------- ----------- -------- -------- --- ---- ---------- -------- -------- ------ ---- Sohu Com Inc	Sell 100.00%	1,800	0.35
	Q3 2009
☰	SNPTY - China Pete & Chem Corp	Add 2,141.67%	25,700	6.24
☰	CELJF - Cellcom Israel Ltd	Add 824.12%	25,416	2.20
☰	LPL - Lg Display Co Ltd Spons Adr Rep	Add 65.15%	35,900	1.46
☰	CHKP - Check Point Software Technologies Ltd.	Add 35.80%	12,600	1.02
☰	RIG - Transocean Ltd.	Add 25.64%	1,600	0.39
☰	UNH - United Health Group Inc.	Add 9.33%	1,725	0.12
☰	ALL - Allstate Corp.	Add 8.96%	1,200	0.10
☰	OUBSF - Mitsubishi Ufj - ------------------------------------------------------------------------------------------------------------------------------- - -------------------- ------------- ----------- -------- ------------------- ---------- -------- -------------------- - -------------------- --------------- ----------- -------- -------- --- ---- ---------- -------- -------- ------ ---- Ubs Ag Shs	Add 8.92%	10,780	0.56
☰	HSBC - HSBC Holdings plc	Add 8.59%	3,544	0.58
☰	VALE - Vale SA	Add 3.51%	3,900	0.25
☰	BBD - Banco Bradesco S.A.	Buy	88,400	5.01
☰	BA - Boeing Co.	Buy	12,000	1.85
☰	CAM - Cameron International Corp	Buy	17,000	1.83
☰	ZNT - - ------------------------------------------------------------------------------------------------------------------------------- - -------------------- ------------- ----------- -------- ------------------- ---------- -------- -------------------- - -------------------- --------------- ----------- -------- -------- --- ---- ---------- -------- -------- ------ ---- Zenith Natl Ins Corp	Buy	18,900	1.66
☰	HAL - Halliburton Co.	Buy	19,100	1.48
☰	ITUB - ita Unibanco Holding S.A.	Buy	24,090	1.38
☰	BAC - Bank of America Corp.	Buy	27,300	1.32
☰	NRG - NRG Energy Inc.	Buy	15,900	1.28
☰	HD - Home Depot	Buy	16,100	1.22
☰	COL - Rockwell Collins Inc	Reduce 1.42%	200	0.01
☰	DIS - Walt Disney Co.	Reduce 1.90%	500	0.02
☰	LFCHY - China Life Ins Co Ltd	Reduce 2.44%	100	0.01
☰	YZCAY - Yanzhou Coal Mng Co Ltd	Reduce 3.29%	3,000	0.04
☰	TNE - Taiwan Semiconductor Tele Norte Leste Part S A	Reduce 3.41%	900	0.02
☰	MET - MetLife Inc.	Reduce 8.63%	1,900	0.07
☰	XOU - Petroleo Brasileiro Shanda Interactive - ------------------------------------------------------------------------------------------------------------------------------- - -------------------- ------------- ----------- -------- ------------------- ---------- -------- -------------------- - -------------------- --------------- ----------- -------- -------- --- ---- ---------- -------- -------- ------ ---- Sohu Com Inc	Reduce 10.00%	200	0.01
☰	VODD - Vodafone Group Plc New	Reduce 12.45%	8,816	0.26
☰	CSCO - Cisco Systems	Reduce 14.59%	2,900	0.08
☰	ERIC - Ericsson L M Tel Co Adr B Sek 10	Reduce 35.75%	95,585	1.32
☰	HOG - Harley-Davidson	Reduce 41.57%	15,296	0.35
☰	AMX - America Movil SAb De Cv	Reduce 48.95%	37,200	0.24
☰	CX - Cemex	Reduce 52.20%	36,225	0.39
☰	IBN - ICICI Bank Ltd.	Reduce 56.47%	4,800	0.11
☰	HMC - Honda Motor Ltd Amern	Reduce 64.02%	51,487	2.07
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Reduce 72.05%	34,600	2.65
☰	PBR/A - Mobile Telesystems Petroleo Brasileiro SA Petro Sp Adr Non Vtg	Reduce 89.74%	428,750	1.89
☰	TELFY - Telefonica S A	Sell 100.00%	50,651	5.14
☰	RDS.B - Royal Dutch Shell Plc	Sell 100.00%	59,863	4.44
☰	SIEGY - Siemens A G	Sell 100.00%	45,753	4.44
☰	RIO - Rio Tinto Group	Sell 100.00%	18,815	4.29
☰	FTE - France Telecom	Sell 100.00%	95,950	3.70
☰	PBR - Petroleo Brasileiro	Sell 100.00%	66,900	3.47
☰	BCZN - Telus Corp	Sell 100.00%	63,910	2.87
☰	MUFG - Mitsubishi Ufj Finl Group In	Sell 100.00%	337,031	2.82
☰	CHL - China Mobile Limited	Sell 100.00%	37,400	2.77
☰	SNY - Sanofi Aventis	Sell 100.00%	53,670	2.55
☰	BTI - British American Tobacco plc	Sell 100.00%	32,215	2.52
☰	AUOTY - Au Optronics Corp	Sell 100.00%	173,173	2.47
☰	CEO - Cnooc Ltd	Sell 100.00%	14,100	2.41
☰	MFC - Manulife Financial Corp.	Sell 100.00%	112,664	2.15
☰	AXAHY - Axa	Sell 100.00%	104,461	2.13
☰	CSN - Credit Suisse Group	Sell 100.00%	39,219	2.04
☰	GFI - Gold Fields Ltd.	Sell 100.00%	100,000	1.93
☰	NTES - NetEase.com Inc.	Sell 100.00%	41,400	1.89
☰	CRH - CRH plc	Sell 100.00%	47,024	1.74
☰	SNDA - Shanda Interactive Entmt Ltd	Sell 100.00%	20,300	1.37
☰	SBS - Companhia De SAneamento Basi	Sell 100.00%	35,000	1.27
☰	TSM - Taiwan Semiconductor S.A.	Sell 100.00%	78,682	1.20
☰	NVS - Novartis AG	Sell 100.00%	17,400	1.12
☰	APD - Air Products & Chemicals	Sell 100.00%	10,696	1.02
☰	SAM - Boston Beer Company	Sell 100.00%	138,300	0.98
☰	MBT - Mobile Telesystems Ojsc	Sell 100.00%	18,200	0.93
☰	DLCA - Dell Inc	Sell 100.00%	45,550	0.74
☰	MSFT - Microsoft Corp.	Sell 100.00%	23,557	0.74
☰	INFY - Infosys Ltd.	Sell 100.00%	13,800	0.61
☰	MAN - ManpowerGroup	Sell 100.00%	7,900	0.42
☰	PKX - Posco	Sell 100.00%	2,000	0.23
☰	PTRCY - Petrochina Co Ltd	Sell 100.00%	1,600	0.22
☰	VALF - Companhia Vale Do Rio Doce	Sell 100.00%	10,200	0.20
☰	UPBD - Upbound Group Inc.	Sell 100.00%	3,600	0.12
☰	TV - Grupo Televisa, S.A.B.	Sell 100.00%	1,400	0.03
☰	SSL - Sasol Ltd	Sell 100.00%	300	0.02
☰	AP47 - Glaxosmithkline Plc	Sell 100.00%	235	0.01
	Q1 2009
☰	SNDA - Shanda Interactive Entmt Ltd	Add 625.00%	17,500	1.18
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 593.59%	41,100	3.15
☰	GFI - Gold Fields Ltd.	Add 338.60%	77,200	1.49
☰	RIO - Rio Tinto Group	Add 82.79%	8,522	1.94
☰	DIS - Walt Disney Co.	Add 67.34%	10,563	0.33
☰	VALE - Vale SA	Add 37.28%	30,200	0.68
☰	TSM - Taiwan Semiconductor S.A.	Add 21.08%	13,700	0.21
☰	HOG - Harley-Davidson	Add 5.77%	2,008	0.05
☰	YZCAY - Yanzhou Coal Mng Co Ltd	Add 4.11%	3,600	0.04
☰	MET - MetLife Inc.	Add 2.80%	600	0.02
☰	AMX - America Movil SAb De Cv	Add 2.29%	1,700	0.01
☰	CSCO - Cisco Systems	Add 1.06%	209	0.01
☰	TELFY - Telefonica S A	Buy	50,651	5.14
☰	RDS.B - Royal Dutch Shell Plc	Buy	59,863	4.44
☰	SIEGY - Siemens A G	Buy	45,753	4.44
☰	FTE - France Telecom	Buy	95,950	3.70
☰	ERIC - Ericsson L M Tel Co	Buy	267,360	3.68
☰	PBR - Petroleo Brasileiro	Buy	66,900	3.47
☰	HMC - Honda Motor Ltd	Buy	80,421	3.24
☰	BCZN - Telus Corp	Buy	63,910	2.87
☰	MUFG - Mitsubishi Ufj Finl Group In	Buy	337,031	2.82
☰	CHL - China Mobile Limited	Buy	37,400	2.77
☰	SNY - Sanofi Aventis	Buy	53,670	2.55
☰	BTI - British American Tobacco plc	Buy	32,215	2.52
☰	AUOTY - Au Optronics Corp	Buy	173,173	2.47
☰	CEO - Cnooc Ltd	Buy	14,100	2.41
☰	MFC - Manulife Financial Corp.	Buy	112,664	2.15
☰	AXAHY - Axa	Buy	104,461	2.13
☰	PBR/A - Petroleo Brasileiro SA Petro	Buy	477,750	2.11
☰	VODD - Vodafone Group Plc New	Buy	70,815	2.10
☰	CSN - Credit Suisse Group	Buy	39,219	2.04
☰	HSBC - HSBC Holdings plc	Buy	41,249	1.98
☰	OUBSF - Ubs Ag	Buy	120,804	1.94
☰	CRH - CRH plc	Buy	47,024	1.74
☰	CHKP - Check Point Software Technologies Ltd.	Buy	35,200	1.33
☰	NVS - Novartis AG	Buy	17,400	1.12
☰	SAM - Boston Beer Company	Buy	138,300	0.98
☰	RIG - Transocean Ltd.	Buy	6,241	0.62
☰	MAN - ManpowerGroup	Buy	7,900	0.42
☰	IBN - ICICI Bank Ltd.	Buy	8,500	0.19
☰	SBS - Companhia De SAneamento Basi	Reduce 6.67%	2,500	0.28
☰	NTES - NetEase.com Inc.	Reduce 6.76%	3,000	0.31
☰	MBT - Mobile Telesystems Ojsc	Reduce 8.54%	1,700	0.21
☰	ALL - Allstate Corp.	Reduce 10.55%	1,580	0.24
☰	LPL - Lg Display Co Ltd	Reduce 16.13%	10,600	0.41
☰	MSFT - Microsoft Corp.	Reduce 19.74%	5,794	0.53
☰	UNH - United Health Group Inc.	Reduce 22.61%	5,402	0.67
☰	INFY - Infosys Ltd.	Reduce 27.37%	5,200	0.57
☰	SNPTY - China Pete & Chem Corp	Reduce 33.33%	600	0.17
☰	XOU - Sohu Com Inc	Reduce 42.86%	1,500	0.33
☰	VALF - Companhia Vale Do Rio Doce	Reduce 80.96%	43,367	0.91
☰	LFCHY - China Life Ins Co Ltd	Reduce 89.54%	35,100	4.12
☰	TV - Grupo Televisa, S.A.B.	Reduce 96.34%	36,800	2.58
☰	SSL - Sasol Ltd	Reduce 97.25%	10,600	1.51
☰	PTRCY - Petrochina Co Ltd	Reduce 98.61%	113,900	3.23
☰	AP47 - Glaxosmithkline Plc	Reduce 99.86%	164,768	7.41
☰	AP08 - Allied Irish Bks P L C	Sell 100.00%	304,559	5.44
☰	UBB - Unibanco Uniao De Bancos Bra	Sell 100.00%	74,900	5.40
☰	C - Citigroup Inc.	Sell 100.00%	66,622	2.10
	Q4 2008
☰	AP47 - Asml Holding N V Axa British Amern Credit Suisse Ericsson L M Tel Co France Telecom Glaxosmithkline Plc	Add 70,114.04%	164,768	7.41
☰	CX - Cemex	Add 1,185.09%	63,995	2.74
☰	VALF - Companhia Vale Do Rio Doce	Add 425.17%	43,367	0.91
☰	NTES - NetEase.com Inc.	Add 208.33%	30,000	3.11
☰	AP08 - Allied Irish Bks P L C	Add 202.88%	204,003	3.64
☰	INFY - Infosys Ltd.	Add 171.43%	12,000	1.33
☰	YZCAY - Vanguard Intl Yanzhou Coal Mng Co Ltd	Add 169.23%	55,000	1.94
☰	TSM - Taiwan Semiconductor S.A.	Add 43.82%	19,800	0.73
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 37.82%	1,900	0.38
☰	MET - MetLife Inc.	Add 32.61%	5,266	0.86
☰	UNH - United Health Group Inc.	Add 11.12%	2,391	0.30
☰	VALE - Vale SA	Add 4.65%	3,600	0.20
☰	HOG - Harley-Davidson	Add 1.79%	613	0.05
☰	MBT - Mobile Telesystems Ojsc	Add 0.51%	100	0.01
☰	UBB - Unibanco Uniao De Bancos Bra	Buy	74,900	5.40
☰	LFCHY - China Life Ins Co Ltd	Buy	39,200	4.60
☰	RIO - Rio Tinto Group	Buy	10,293	4.29
☰	PTRCY - Petrochina Co Ltd	Buy	115,500	3.28
☰	MSFT - Microsoft Corp.	Buy	29,351	2.68
☰	COL - Rockwell Collins Inc	Buy	14,088	2.58
☰	APD - Air Products & Chemicals	Buy	10,696	2.52
☰	C - Citigroup Inc.	Buy	66,622	2.10
☰	DIS - Walt Disney Co.	Buy	15,685	1.67
☰	CSCO - Cisco Systems	Buy	19,666	1.51
☰	GFI - Gold Fields Ltd.	Buy	22,800	1.06
☰	SNDA - Shanda Interactive Entmt Ltd	Buy	2,800	0.43
☰	DLCA - Dell Inc	Reduce 0.64%	293	0.00
☰	LPL - Lg Display Co Ltd	Reduce 11.81%	8,800	0.10
☰	SBS - Companhia De SAneamento Basi	Reduce 20.72%	9,800	0.25
☰	ALL - Allstate Corp.	Reduce 22.67%	4,391	0.18
☰	CELJF - Cellcom Israel Ltd	Reduce 85.37%	18,000	0.49
☰	UPBD - Upbound Group Inc.	Reduce 90.05%	32,567	0.65
☰	TELFY - Sponsored Telefonica S A	Sell 100.00%	84,460	5.40
☰	BTI - British American Tobacco plc	Sell 100.00%	96,430	5.35
☰	SIEGY - Sponsored Siemens A G	Sell 100.00%	61,707	5.18
☰	HMC - Honda Motor Ltd Amern	Sell 100.00%	164,753	4.44
☰	ERIC - Ericsson L M Tel Adr B Co Sek 10	Sell 100.00%	509,376	4.30
☰	FTE - Sponsored France Telecom	Sell 100.00%	171,594	4.30
☰	RDS.B - Royal Dutch Shell Plc	Sell 100.00%	79,729	4.07
☰	CRH - CRH plc	Sell 100.00%	192,544	3.67
☰	BP - BP plc	Sell 100.00%	80,929	3.63
☰	MUFG - Mitsubishi Ufj Sponsored Finl Group In	Sell 100.00%	461,755	3.61
☰	PHG - Koninklijke Philips Electronics NV	Sell 100.00%	126,524	3.08
☰	41IS - Spon Adr Unilever Plc	Sell 100.00%	123,854	3.01
☰	SNY - Sanofi Aventis	Sell 100.00%	102,281	3.01
☰	MFC - Manulife Financial Corp.	Sell 100.00%	91,528	3.00
☰	HSBC - HSBC Holdings plc	Sell 100.00%	41,255	2.98
☰	ING - ING Group NV	Sell 100.00%	154,094	2.95
☰	CSN - Credit Suisse Sponsored Group	Sell 100.00%	68,000	2.94
☰	NVS - Novartis AG	Sell 100.00%	58,610	2.77
☰	OUBSF - Ubs Ag Shs	Sell 100.00%	155,153	2.43
☰	BCZN - Non-Vtg Telus Corp	Sell 100.00%	72,878	2.32
☰	PBR - Petroleo Brasileiro	Sell 100.00%	55,300	1.94
☰	CEO - Sponsored Cnooc Ltd	Sell 100.00%	18,800	1.93
☰	PBR/A - - ------------------------------------------------------------------------------------------------------------------------------ - ----------------- -------------- ---------- -------- -------------------- ---------- -------- ----------------------- Voting Authority - --------------- -------------- ---------- -------- ------- --- ---- ---------- -------- ------- ------- ---- Petroleo Brasileiro SA Sp Adr Non Petro Vtg	Sell 100.00%	43,600	1.71
☰	AUOTY - Au Optronics Sponsored Corp	Sell 100.00%	152,773	1.55
☰	CHL - - ------------------------------------------------------------------------------------------------------------------------------ - ----------------- -------------- ---------- -------- -------------------- ---------- -------- ----------------------- Voting Authority - --------------- -------------- ---------- -------- ------- --- ---- ---------- -------- ------- ------- ---- China Mobile Sponsored Limited	Sell 100.00%	27,300	1.22
☰	SPNT - Sprint Nextel Corp Com Fon	Sell 100.00%	110,552	0.60
☰	MAT - Mattel Inc.	Sell 100.00%	35,892	0.58
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Sell 100.00%	15,300	0.47
☰	SAM - Boston Beer Company	Sell 100.00%	28,800	0.46
☰	6686 - Motorola Inc	Sell 100.00%	69,532	0.44
☰	LEARQ - Lear Corp	Sell 100.00%	47,033	0.44
☰	VODD - Vodafone Group	Sell 100.00%	20,218	0.40
☰	CSIQ - Canadian Solar Inc	Sell 100.00%	20,900	0.36
☰	OVIP - Open Jt Stk Co- Sponsored Vimpel Commun	Sell 100.00%	12,700	0.23
☰	3576715Q - Spon Adr SAdia S A	Sell 100.00%	19,600	0.16
	Q3 2008
☰	AMX - America Movil	Add 519.17%	62,300	0.27
☰	SPNT - Sprint Nextel Corp Com Fon	Add 175.30%	70,395	0.38
☰	TNE - Tele Norte Leste	Add 27.54%	5,700	0.09
☰	ERIC - Ericsson L M Tel Adr B Co Sek 10	Add 19.91%	84,562	0.71
☰	ALL - Allstate Corp.	Add 4.69%	867	0.04
☰	HOG - Harley-Davidson	Add 1.60%	538	0.02
☰	TELFY - Sponsored Telefonica S A	Buy	84,460	5.40
☰	BTI - British American Tobacco plc	Buy	96,430	5.35
☰	SIEGY - Sponsored Siemens A G	Buy	61,707	5.18
☰	FTE - Sponsored France Telecom	Buy	171,594	4.30
☰	BP - BP plc	Buy	80,929	3.63
☰	MUFG - Mitsubishi Ufj Sponsored Finl Group In	Buy	461,755	3.61
☰	SNY - Sanofi Aventis	Buy	102,281	3.01
☰	MFC - Manulife Financial Corp.	Buy	91,528	3.00
☰	ING - ING Group NV	Buy	154,094	2.95
☰	CSN - Credit Suisse Sponsored Group	Buy	68,000	2.94
☰	NVS - Novartis AG	Buy	58,610	2.77
☰	OUBSF - Ubs Ag Shs	Buy	155,153	2.43
☰	BCZN - Non-Vtg Telus Corp	Buy	72,878	2.32
☰	PBR - Petroleo Brasileiro	Buy	55,300	1.94
☰	CEO - Sponsored Cnooc Ltd	Buy	18,800	1.93
☰	PBR/A - - ------------------------------------------------------------------------------------------------------------------------------ - ----------------- -------------- ---------- -------- -------------------- ---------- -------- ----------------------- Voting Authority - --------------- -------------- ---------- -------- ------- --- ---- ---------- -------- ------- ------- ---- Petroleo Brasileiro SA Sp Adr Non Petro Vtg	Buy	43,600	1.71
☰	AUOTY - Au Optronics Sponsored Corp	Buy	152,773	1.55
☰	VALE - Vale SA	Buy	77,400	1.33
☰	CHL - - ------------------------------------------------------------------------------------------------------------------------------ - ----------------- -------------- ---------- -------- -------------------- ---------- -------- ----------------------- Voting Authority - --------------- -------------- ---------- -------- ------- --- ---- ---------- -------- ------- ------- ---- China Mobile Sponsored Limited	Buy	27,300	1.22
☰	SBS - Companhia De Sponsored SAneamento Basi	Buy	47,300	1.20
☰	MBT - Mobile Telesystems Sponsored Ojsc	Buy	19,800	0.99
☰	LPL - Spons Adr Lg Display Co Ltd Rep	Buy	74,500	0.85
☰	TV - Grupo Televisa, S.A.B.	Buy	38,200	0.75
☰	UNH - United Health Group Inc.	Buy	21,500	0.49
☰	SAM - Boston Beer Company	Buy	28,800	0.46
☰	SSL - Sponsored SAsol Ltd	Buy	10,900	0.41
☰	TSM - Taiwan Semiconductor S.A.	Buy	45,182	0.38
☰	CSIQ - Canadian Solar Inc	Buy	20,900	0.36
☰	YZCAY - Yanzhou Coal	Buy	32,500	0.30
☰	NTES - NetEase.com Inc.	Buy	14,400	0.29
☰	OVIP - Open Jt Stk Co- Sponsored Vimpel Commun	Buy	12,700	0.23
☰	INFY - Infosys Ltd.	Buy	7,000	0.21
☰	PKX - Sponsored Posco	Buy	2,000	0.17
☰	XOU - Sohu Com Inc	Buy	3,500	0.17
☰	3576715Q - Spon Adr SAdia S A	Buy	19,600	0.16
☰	VALF - Companhia Vale	Buy	10,200	0.16
☰	SNPTY - China Pete &	Buy	1,800	0.13
☰	CX - Cemex	Buy	5,400	0.08
☰	AP47 - Glaxosmithkline Sponsored Plc	Buy	235	0.01
☰	CELJF - Cellcom Israel Ltd	Reduce 7.05%	1,600	0.04
☰	6686 - Motorola Inc	Reduce 12.23%	9,693	0.13
☰	CRH - CRH plc	Reduce 14.41%	32,425	0.96
☰	PHG - Koninklijke Philips Electronics NV	Reduce 20.26%	32,140	1.14
☰	HSBC - HSBC Holdings plc	Reduce 22.70%	12,112	0.84
☰	AP08 - Allied Irish Bks	Reduce 24.19%	32,083	1.23
☰	LEARQ - Lear Corp	Reduce 24.69%	15,422	0.35
☰	DLCA - Dell Inc	Reduce 31.59%	21,173	0.43
☰	HMC - Honda Motor Ltd Amern	Reduce 35.72%	91,549	2.53
☰	RDS.B - Royal Dutch Shell Plc	Reduce 35.99%	44,824	3.33
☰	MAT - Mattel Inc.	Reduce 39.50%	23,433	0.37
☰	MET - MetLife Inc.	Reduce 47.64%	14,691	0.74
☰	41IS - Spon Adr Unilever Plc	Reduce 57.43%	167,086	5.21
☰	UPBD - Upbound Group Inc.	Reduce 65.64%	69,095	0.85
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Reduce 68.20%	10,776	0.42
☰	VODD - Vodafone Group	Reduce 82.23%	93,569	2.90
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 87.00%	102,400	8.93
☰	EEM - Sh Sole None Sh Sole None Basi Sh Sole None Doce Sh Sole None Doce Sh Sole None Ishares Tr Msci Emerg Mkt	Sell 100.00%	50,000	6.26
☰	FNMA - Com Sh Sole None Fannie Mae	Sell 100.00%	59,521	1.92
☰	WMT - Walmart Inc.	Sell 100.00%	46,046	1.81
☰	AMGN - Amgen	Sell 100.00%	37,379	1.45
☰	CA - Com Sh Sole None Ca Inc	Sell 100.00%	69,613	1.44
☰	JNJ - Johnson & Johnson	Sell 100.00%	25,985	1.44
☰	FMCC - Com Sh Sole None Freddie Mac	Sell 100.00%	45,334	1.26
☰	PFE - Pfizer Inc.	Sell 100.00%	54,116	1.03
☰	OCR - Com Sh Sole None - -------------------------------------------------------------------------------------------------------------------------------- Omnicare Inc.	Sell 100.00%	50,120	0.95
☰	JBL - Com Sh Sole None Jabil Circuit Inc	Sell 100.00%	47,027	0.59
☰	ZCHA - Sh Sole None Ltd Sh Sole None Sh Sole None Chemical Corp Sh Sole None China Telecom Corp Ltd	Sell 100.00%	1,700	0.11
☰	AMALV - Sh Sole None Sh Sole None Arcelormittal SA Ny Registry Sh	Sell 100.00%	60	0.00
☰	ABT - Abbott Labs	Sell 100.00%	52	0.00
☰	BCR - Luxembourg Sh Sole None Processing Sh Sole None Sh Sole None - -------------------------------------------------------------------------------------------------------------------------------- Bard (c.r.) Inc	Sell 100.00%	31	0.00
☰	INTC - Intel Corp.	Sell 100.00%	106	0.00
☰	SLB - Schlumberger Ltd.	Sell 100.00%	26	0.00
☰	WAG - Sh Sole None Walgreen Co	Sell 100.00%	74	0.00
☰	XOM - Exxon Mobil Corp.	Sell 100.00%	31	0.00
☰	CSCO - Cisco Systems	Sell 100.00%	83	0.00
☰	FAST - Fastenal	Sell 100.00%	61	0.00
☰	HD - Home Depot	Sell 100.00%	88	0.00
☰	LLTC - Sh Sole None Linear Technology Corp	Sell 100.00%	77	0.00
☰	SYY - Sysco Corp.	Sell 100.00%	79	0.00
	Q4 2007
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Add 4,259.26%	115,000	10.03
☰	EEM - Sh Sole None Sh Sole None Basi Sh Sole None Doce Sh Sole None Doce Sh Sole None Ishares Tr Msci Emerg Mkt	Add 1,415.15%	46,700	5.85
☰	ERIC - Adr Sh Sole None Sh Sole None Ericsson Lm Tel Co Adr B Sek 10	Add 137.25%	245,759	4.77
☰	FMCC - Com Sh Sole None Freddie Mac	Add 81.15%	20,309	0.56
☰	FNMA - Com Sh Sole None Fannie Mae	Add 80.38%	26,524	0.86
☰	UPBD - Upbound Group Inc.	Add 65.81%	41,777	0.51
☰	JBL - Com Sh Sole None Jabil Circuit Inc	Add 59.14%	17,476	0.22
☰	6686 - Com Sh Sole None Motorola Inc	Add 57.15%	28,810	0.39
☰	TNE - Sh Sole None Sh Sole None Sh Sole None Sh Sole None Sh Sole None Sh Sole None Sh Sole None Manufacturing International Sh Sole None - -------------------------------------------------------------------------------------------------------------------------------- Tele Norte Leste	Add 47.86%	6,700	0.11
☰	OCR - Com Sh Sole None - -------------------------------------------------------------------------------------------------------------------------------- Omnicare Inc.	Add 37.67%	13,715	0.26
☰	PFE - Pfizer Inc.	Add 36.60%	14,500	0.28
☰	DLCA - Com Sh Sole None Com Sh Sole None Dell Inc	Add 31.46%	16,038	0.33
☰	CRH - CRH plc	Add 29.41%	51,128	1.52
☰	MET - MetLife Inc.	Add 25.82%	6,329	0.32
☰	LEARQ - Com Sh Sole None Lear Corp	Add 25.45%	12,672	0.29
☰	JNJ - Johnson & Johnson	Add 25.05%	5,205	0.29
☰	SPNT - Com Sh Sole None Sprint Nextel Corp	Add 24.84%	7,991	0.15
☰	CA - Com Sh Sole None Ca Inc	Add 23.66%	13,317	0.28
☰	AMGN - Amgen	Add 18.74%	5,898	0.23
☰	AP08 - Sh Sole None Sh Sole None Sh Sole None Allied Irish Banks Plc	Add 14.74%	17,043	0.65
☰	PHG - Koninklijke Philips Electronics NV	Add 10.60%	15,212	0.54
☰	HMC - Sh Sole None - -------------------------------------------------------------------------------------------------------------------------------- Honda Motor Co Ltd Amern	Add 7.57%	18,038	0.50
☰	WMT - Walmart Inc.	Add 7.26%	3,116	0.12
☰	HOG - Harley-Davidson	Buy	33,637	1.29
☰	MAT - Mattel Inc.	Buy	59,325	0.93
☰	CELJF - Sh Sole None Cellcom Israel Ltd	Buy	22,684	0.60
☰	ABT - Abbott Labs	Buy	52	0.00
☰	AMALV - Sh Sole None Sh Sole None Arcelormittal SA Ny Registry Sh	Buy	60	0.00
☰	BCR - Luxembourg Sh Sole None Processing Sh Sole None Sh Sole None - -------------------------------------------------------------------------------------------------------------------------------- Bard (c.r.) Inc	Buy	31	0.00
☰	CSCO - Cisco Systems	Buy	83	0.00
☰	FAST - Fastenal	Buy	61	0.00
☰	HD - Home Depot	Buy	88	0.00
☰	INTC - Intel Corp.	Buy	106	0.00
☰	LLTC - Sh Sole None Linear Technology Corp	Buy	77	0.00
☰	SLB - Schlumberger Ltd.	Buy	26	0.00
☰	SYY - Sysco Corp.	Buy	79	0.00
☰	WAG - Sh Sole None Walgreen Co	Buy	74	0.00
☰	XOM - Exxon Mobil Corp.	Buy	31	0.00
☰	RDS.B - Electronics NV Sh Sole None Sh Sole None Sh Sole None Sh Sole None - -------------------------------------------------------------------------------------------------------------------------------- Royal Dutch Shell Plc	Reduce 2.88%	3,688	0.31
☰	HSBC - HSBC Holdings plc	Reduce 10.28%	6,118	0.59
☰	AMX - Sh Sole None America Movil SA De Cv	Reduce 15.49%	2,200	0.15
☰	41IS - Sh Sole None Sh Sole None Sh Sole None Sh Sole None Sh Sole None Unilever Plc	Reduce 16.11%	55,863	1.84
☰	ALL - Allstate Corp.	Reduce 16.34%	3,613	0.22
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Reduce 46.98%	14,000	0.65
☰	VODD - Sh Sole None Sh Sole None Vodafone Group Plc	Reduce 48.57%	107,444	4.01
☰	ZCHA - Sh Sole None Ltd Sh Sole None Sh Sole None Chemical Corp Sh Sole None China Telecom Corp Ltd	Reduce 90.96%	17,100	1.36
☰	VALF - H Shs Adr Estado De SA Adr Adr Cia Vale Do Rio Doce	Sell 100.00%	22,800	0.81
	Q3 2007
☰	UPBD - Upbound Group Inc.	Add 91.22%	30,285	0.57
☰	EEM - Pfd Ishares Msci Emerging Markets Msci Emerg	Add 57.14%	1,200	0.19
☰	AP08 - Adr Allied Irish Banks Plc	Add 38.99%	32,428	1.65
☰	41IS - Page 2 - ----------------------------- -------- -------- -------- --------------------- --------- -------- -------------------- VOTING AUTHORITY - ----------------------------- -------- ------ -------- -------- ---- ---- ---------- -------- ---- ------ ----- ADR ADR ADR UNILEVER PLC	Add 30.22%	80,479	2.65
☰	AMGN - Amgen	Add 24.97%	6,291	0.37
☰	ALL - Allstate Corp.	Add 19.53%	3,613	0.22
☰	WMT - Walmart Inc.	Add 17.55%	6,408	0.29
☰	LEARQ - Lear Corp	Add 17.35%	7,361	0.25
☰	ERIC - Adr Restrd Adr Adr Adr Ericsson Lm Tel Co Adr B Sek	Add 15.59%	24,150	0.99
☰	FNMA - Fannie Mae	Add 8.90%	2,697	0.17
☰	PHG - Koninklijke Philips Electronics NV	Add 5.34%	7,273	0.33
☰	HMC - Adr Adr Adr Honda Motor Co Ltd Amern	Add 3.68%	8,452	0.29
☰	HSBC - HSBC Holdings plc	Add 1.76%	1,030	0.10
☰	RDS.B - Electronics NV New Group Inc Adr Adr Adr Adr Royal Dutch Shell Plc	Add 1.32%	1,672	0.14
☰	CRH - CRH plc	Add 0.89%	1,533	0.06
☰	FMCC - Freddie Mac	Add 0.50%	125	0.01
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Buy	29,800	1.38
☰	6686 - Motorola Inc	Buy	50,415	0.98
☰	AMX - New America Movil SA De Cv	Buy	14,200	0.95
☰	VALF - H Shs Adr Estado De SA Adr Adr Cia Vale Do Rio Doce	Buy	22,800	0.81
☰	JNJ - Johnson & Johnson	Reduce 1.17%	245	0.02
☰	PFE - Pfizer Inc.	Reduce 1.21%	484	0.01
☰	OCR - Omnicare Inc	Reduce 1.82%	674	0.03
☰	JBL - Jabil Circuit Inc	Reduce 2.17%	657	0.02
☰	DLCA - Dell Inc	Reduce 2.68%	1,406	0.04
☰	MET - MetLife Inc.	Reduce 5.00%	1,289	0.09
☰	CA - Ca Inc	Reduce 5.70%	3,404	0.10
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Reduce 6.90%	200	0.02
☰	SPNT - Sprint Nextel Corp Com Fon	Reduce 18.70%	7,400	0.17
☰	TNE - INDEX FUND MKT ADR ADR ADR ADR INTERNATIONA ADR Page 3 - ----------------------------- -------- -------- -------- --------------------- --------- -------- -------------------- VOTING AUTHORITY - ----------------------------- -------- ------ -------- -------- ---- ---- ---------- -------- ---- ------ ----- ORD L TELE NORTE LESTE	Reduce 32.37%	6,700	0.14
☰	VODD - New Adr Vodafone Group Plc	Reduce 36.68%	128,176	4.70
	Q2 2007
☰	WMT - Walmart Inc.	Add 105.18%	18,722	0.98
☰	HSBC - HSBC Holdings plc	Add 26.17%	12,126	1.21
☰	PHG - Koninklijke Philips Electronics NV	Add 21.76%	24,337	1.12
☰	CRH - CRH plc	Add 15.47%	23,088	1.25
☰	HMC - Adr Sh Sole None Adr Sh Sole None - --------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Adr Sh Sole None Honda Motor Co Ltd Amern	Add 7.11%	15,247	0.60
☰	41IS - Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Unilever Plc	Add 6.05%	15,184	0.53
☰	AP08 - Cl A Sh Sole None Adr Sh Sole None Adr Sh Sole None Allied Irish Banks Plc	Add 2.33%	1,896	0.11
☰	RDS.B - Electronics NV New Sh Sole None Sh Sole None Group Inc Adr Sh Sole None Adr Sh Sole None Trust Sh Sole None Adr Sh Sole None Adr Sh Sole None - --------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Royal Dutch Shell Plc	Add 1.18%	1,471	0.13
☰	VODD - New Sh Sole None Adr Sh Sole None Vodafone Group Plc	Buy	349,407	12.81
☰	ERIC - Sh Sole None - --------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Group Co Ltd Restrd Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Ericsson Lm Tel Co Adr B Sek 10	Buy	154,905	6.73
☰	FNMA - Com Sh Sole None Fannie Mae	Buy	30,300	2.16
☰	FMCC - Com Sh Sole None Freddie Mac	Buy	24,900	1.65
☰	DLCA - Com Sh Sole None Com Sh Sole None Corp Com Sh Sole None Dell Inc	Buy	52,384	1.63
☰	AMGN - Amgen	Buy	25,190	1.52
☰	OCR - Com Sh Sole None Com Sh Sole None Omnicare Inc.	Buy	37,079	1.46
☰	JNJ - Johnson & Johnson	Buy	21,025	1.41
☰	ZCHA - Pfd Sh Sole None - --------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Chemical Corp Shs Sh Sole None China Telecom Corp Ltd	Buy	18,800	1.21
☰	SPNT - Com Sh Sole None Sprint Nextel Corp	Buy	39,566	0.89
☰	JBL - Com Sh Sole None Jabil Circuit Inc	Buy	30,208	0.73
☰	TNE - Markets Index Fund Mkt Sh Sole None Corp Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Manufacturing Adr Sh Sole None International Tele Norte Leste	Buy	20,700	0.43
☰	EEM - Shs Sh Sole None Adr Sh Sole None Basico Do Estado De SA Adr Sh Sole None Adr Sh Sole None Ishares Msci Emerging Msci Emerg	Buy	2,100	0.30
☰	VWO - Vanguard Emerging Markets Stock Index Fund	Buy	2,900	0.29
☰	LEARQ - Com Sh Sole None Lear Corp	Reduce 32.26%	20,200	0.88
☰	MFC - Manulife Financial Corp.	Sell 100.00%	185,868	9.29
☰	SNSAY - Shell Plc Adr B Sh Sole None - ------------------------------------------------------------------------------------------------------------------------------------ Adr Sh Sole None Group Co Ltd Restrd Sh Sole None Adr Sh Sole None Adr Sh Sole None Stolt-Nielsen SA Sp Adr Reg	Sell 100.00%	173,596	7.83
☰	BMY - Bristol-Myers Squibb	Sell 100.00%	48,200	1.88
☰	BOL - Corp/The Com Sh Sole None Bausch &	Sell 100.00%	24,200	1.86
☰	TAN - Com Sh Sole None Radioshack	Sell 100.00%	34,700	0.86
☰	BTTGY - Banks Plc Ord Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Tobacco Plc Adr Sh Sole None Bt Group Plc	Sell 100.00%	80	0.01
☰	RCI - Financial Corp Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Plc Adr Sh Sole None Adr Sh Sole None Rogers	Sell 100.00%	240	0.01
☰	CAJPY - Sh Sole None Canon Inc	Sell 100.00%	37	0.00
	Q4 2006
☰	HSBC - HSBC Holdings plc	Add 46.49%	14,703	1.99
☰	CA - Myers Squibb Co Com Sh Sole None Ca Inc	Add 42.48%	17,800	0.60
☰	SNSAY - Shell Plc Adr B Sh Sole None - ------------------------------------------------------------------------------------------------------------------------------------ Adr Sh Sole None Group Co Ltd Restrd Sh Sole None Adr Sh Sole None Adr Sh Sole None Stolt-Nielsen SA Sp Adr Reg	Add 23.17%	32,661	1.47
☰	CRH - CRH plc	Add 2.86%	4,154	0.26
☰	RDS.B - Communications Sh Sole None Inc Royal Dutch Spon	Add 0.54%	671	0.07
☰	AP08 - Cl A Sh Sole None Holding NV Adr Sh Sole None Allied Irish	Add 0.04%	30	0.00
☰	MFC - Manulife Financial Corp.	Buy	185,868	9.29
☰	BOL - Corp/The Com Sh Sole None Bausch &	Buy	24,200	1.86
☰	WMT - Walmart Inc.	Buy	17,800	1.22
☰	PHG - Koninklijke Philips Electronics NV	Reduce 0.48%	535	0.03
☰	HMC - Adr Sh Sole None Adr Sh Sol None - ------------------------------------------------------------------------------------------------------------------------------------ Adr Sh Sole None Sh Sole None Plc Adr Sh Sole None Honda Motor Co Amern	Reduce 1.26%	2,748	0.14
☰	PFE - Pfizer Inc.	Reduce 15.22%	7,200	0.27
☰	UPBD - Upbound Group Inc.	Reduce 32.11%	15,700	0.63
☰	41IS - Com Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None New Zealand Ltd Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Unilever Plc	Reduce 32.38%	120,275	4.38
☰	CAJPY - Sh Sole None Canon Inc	Reduce 38.33%	23	0.00
☰	RCI - Financial Corp Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Plc Adr Sh Sole None Adr Sh Sole None Rogers	Reduce 99.78%	106,715	6.97
☰	BTTGY - Banks Plc Ord Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Tobacco Plc Adr Sh Sole None Bt Group Plc	Reduce 99.90%	80,320	5.75
☰	SLE - Com Sh Sole None SAra Lee Corp	Sell 100.00%	66,000	1.71
☰	TJX - TJX Companies Inc.	Sell 100.00%	43,700	1.62
☰	AON-W - Com Sh Sole None Aon Corp	Sell 100.00%	25,700	1.45
☰	DEO - Diageo ADR	Sell 100.00%	25	0.00
	Q2 2006
☰	41IS - Reg Com Sh Sole None Adr Sh Sole None Adr Sh Sole None New Zealand Ltd Adr Sh Sole None - ------------------------------------------------------------------------------------------------------------------------ Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Unilever Plc	Add 112.79%	196,873	7.18
☰	SNSAY - Shell Plc Sh Sole None - ------------------------------------------------------------------------------------------------------------------------ Adr Sh Sole None Group Co Ltd Restrd Sh Sole None Adr Sh Sole None Adr Sh Sole None Stolt-Nielsen SA Sp	Add 86.22%	65,255	2.49
☰	RCI - Electronics NV New Sh Sole None Adr Sh Sole None Corp Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None - ------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Rogers	Add 36.67%	28,695	1.88
☰	AP08 - Cl A Sh Sole None NV Adr Sh Sole None Allied Irish	Add 32.50%	19,926	1.56
☰	CRH - CRH plc	Add 19.45%	23,622	1.27
☰	PHG - Koninklijke Philips Electronics NV	Add 18.00%	17,144	0.86
☰	HMC - New Sh Sole None Adr Sh Sole None - ------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Adr Sh Sole None Honda Motor Co Ltd Amern	Add 13.95%	26,599	1.37
☰	RDS.B - Communications Inc Sh Sole None Royal Dutch	Add 10.15%	11,468	1.30
☰	BTTGY - Banks Plc Ord Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Tobacco Plc Adr Sh Sole None Bt Group Plc	Add 3.16%	2,460	0.18
☰	HSBC - HSBC Holdings plc	Buy	31,626	4.52
☰	DEO - Diageo ADR	Buy	25	0.00
☰	UPBD - Upbound Group Inc.	Reduce 11.89%	6,600	0.29
☰	ALL - Allstate Corp.	Reduce 11.90%	2,500	0.22
☰	PFE - Pfizer Inc.	Reduce 11.92%	6,400	0.27
☰	TAN - Com Sh Sole None Radioshack Corp	Reduce 11.93%	4,700	0.15
☰	MET - MetLife Inc.	Reduce 11.95%	3,500	0.29
☰	CA - Com Sh Sole None Ca Inc	Reduce 11.97%	5,700	0.26
☰	AON-W - Com Sh Sole None Aon Corp	Reduce 11.99%	3,500	0.25
☰	SLE - Com Sh Sole None SAra Lee Corp	Reduce 12.00%	9,000	0.27
☰	BMY - Bristol-Myers Squibb	Reduce 12.04%	6,600	0.28
☰	TJX - TJX Companies Inc.	Reduce 39.56%	28,600	1.21
☰	CAJPY - Sh Sole None Canon Inc	Reduce 99.90%	59,600	6.72
☰	BA - Boeing Co.	Sell 100.00%	17,673	2.35
	Q1 2006
☰	RDS.B - Communications Inc Sh Sole None Royal Dutch Shell	Buy	112,959	12.56
☰	41IS - Com Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None New Zealand Ltd Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None - ------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Adr Sh Sole None Unilever Plc	Buy	174,542	12.23
☰	HMC - Sh Sole None Adr Sh Sole None - ---------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Sh Sole None Adr Sh Sole None Honda Motor Co Ltd Amern	Buy	190,714	10.08
☰	CRH - CRH plc	Buy	121,444	7.28
☰	CAJPY - Sh Sole None Canon Inc	Buy	59,660	6.73
☰	PHG - Koninklijke Philips Electronics NV	Buy	95,233	5.47
☰	BTTGY - Banks Plc Ord Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Tobacco Plc Adr Sh Sole None Bt Group Plc	Buy	77,940	5.16
☰	RCI - Electronics NV New Sh Sole None Adr Sh Sole None Corp Sh Sole None Adr Sh Sole None Adr Sh Sole None Sgps SA Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None - ---------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Rogers	Buy	78,260	5.10
☰	AP08 - Com Sh Sole None Holding NV Adr Sh Sole None Allied Irish	Buy	61,316	4.97
☰	SNSAY - Plc Sh Sole None - --------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Group Co Ltd Rstrd Sh Sole None Adr Sh Sole None Stolt-Nielsen SA Sp Adr Reg	Buy	75,680	3.96
☰	TJX - TJX Companies Inc.	Buy	72,300	3.06
☰	MET - MetLife Inc.	Buy	29,300	2.42
☰	UPBD - Upbound Group Inc.	Buy	55,500	2.42
☰	BA - Boeing Co.	Buy	17,673	2.35
☰	BMY - Bristol-Myers Squibb	Buy	54,800	2.30
☰	SLE - Com Sh Sole None SAra Lee Corp	Buy	75,000	2.29
☰	PFE - Pfizer Inc.	Buy	53,700	2.28
☰	CA - Com Sh Sole None Com Sh Sole None Ca Inc	Buy	47,600	2.21
☰	AON-W - Com Sh Sole None Aon Corp	Buy	29,200	2.07
☰	LEARQ - Com Sh Sole None Lear Corp	Buy	62,622	1.89
☰	ALL - Allstate Corp.	Buy	21,003	1.87
☰	TAN - Com Sh Sole None Radioshack Corp	Buy	39,400	1.29
☰	KT - KT Corp.	Sell 100.00%	155	37.50
☰	81KX - Adr Reed Elsevier Plc Spon	Sell 100.00%	45	25.00
☰	RTR$ - Adr Reuters Group Plc Spon	Sell 100.00%	35	25.00
☰	DEO - Diageo ADR	Sell 100.00%	10	12.50
	Q4 2005
☰	KT - KT Corp.	Buy	155	37.50
☰	81KX - Adr Reed Elsevier Plc Spon	Buy	45	25.00
☰	RTR$ - Adr Reuters Group Plc Spon	Buy	35	25.00
☰	DEO - Diageo ADR	Buy	10	12.50