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 1368.35% 6,916,300 16.46
JLL - Jones Lang LaSalle Inc. Add 213.30% 126,818 0.48
BAH - Booz Allen Hamilton Holdings Corp. Add 116.35% 461,130 0.44
AU - AngloGold Ashanti plc Add 106.98% 464,556 0.55
BA - The 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 Aktiengesellschaft Add 75.86% 10,767,680 3.83
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares Add 74.81% 315,245 0.25
ALK - Alaska Air Group, Inc. 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 Groep N.V. 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 plc 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 Entertainment, 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 N.V. Add 11.72% 257,659 0.09
ZBH - Zimmer Biomet Holdings, Inc. Add 10.93% 79,612 0.09
CCL - Carnival Corp. Ltd. Add 9.29% 3,151,811 1.00
BCS - Barclays PLC Add 8.62% 323,460 0.08
SMFG - Sumitomo Mitsui Financial Group, Inc. 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 p.l.c. 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 - The 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 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 Inc. Buy 206,214 0.49
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Buy 1,495,664 0.34
UNH - UnitedHealth Group Inc. Buy 71,864 0.24
VIST - Vista Energy, S.A.B. de C.V. Buy 220,918 0.20
CIB - Grupo Cibest S.A. Buy 132,364 0.12
KSA - iShares MSCI Saudi Arabia ETF Buy 52,898 0.03
HAFN - Hafnia Ltd. Buy 54,367 0.01
SCZ - iShares MSCI EAFE Small-Cap ETF Buy 7,100 0.01
ALL - The 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 Reduce 0.63% 3,249 0.01
CTSH - Cognizant Technology Solutions Corp. Reduce 3.10% 48,108 0.05
TIGO - Millicom International 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. 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. 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 Ltd. Reduce 11.15% 134,159 0.27
PUK - Prudential plc Reduce 12.44% 187,761 0.08
FINV - FinVolution Group Reduce 13.06% 360,843 0.03
BUD - Anheuser-Busch InBev SA/NV Reduce 17.28% 121,212 0.11
MRK - Merck & Co., Inc. 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, Inc. Reduce 23.27% 61,211 0.23
INFY - Infosys Ltd. Reduce 23.60% 585,830 0.14
NGG - National Grid plc Reduce 24.06% 170,724 0.18
FIX - Comfort Systems USA, Inc. Reduce 24.28% 59 0.00
ZIM - ZIM Integrated Shipping Services Ltd. 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 S.A. Reduce 30.96% 119,152 0.07
PDD - PDD Holdings Inc. Reduce 36.16% 134,231 0.21
BP - BP p.l.c. 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 Co., Ltd. Reduce 56.26% 326,220 0.24
VEU - Vanguard FTSE All-World ex-US Index Fund ETF Shares 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 - Qfin Holdings, 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 Holdings Co. Sell 100.00% 4,528,554 0.94
ALLY - Ally Financial Inc. Sell 100.00% 600,850 0.37
VIPS - Vipshop Holdings Ltd. Sell 100.00% 1,089,598 0.27
VALE - Vale S.A. 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 1614.78% 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 International 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 plc Add 118.76% 235,747 0.28
LYV - Live Nation Entertainment, Inc. Add 92.39% 214,709 0.42
GPK - Graphic Packaging Holdings 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 Index Fund ETF Shares Add 49.94% 4,824 0.00
SMFG - Sumitomo Mitsui Financial Group, Inc. 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, Inc. 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 - PDD Holdings Inc. Add 19.89% 61,600 0.10
ACWI - iShares MSCI ACWI ETF Add 16.00% 1,508 0.00
BUD - Anheuser-Busch InBev SA/NV Add 15.03% 91,657 0.08
CTSH - Cognizant Technology Solutions Corp. Add 14.97% 202,183 0.23
PHG - Koninklijke Philips N.V. Add 12.28% 240,419 0.09
BAP - Credicorp Ltd. Add 12.24% 26,396 0.10
ZIM - ZIM Integrated Shipping Services Ltd. 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 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. Ltd. Add 6.37% 2,032,781 0.85
NGG - National Grid plc Add 5.71% 38,342 0.04
SNN - Smith & Nephew plc Add 5.46% 31,280 0.01
BTI - British American Tobacco p.l.c. Add 5.33% 24,435 0.02
GFI - Gold Fields Ltd. Add 5.06% 78,061 0.05
DEO - Diageo plc Add 3.95% 18,422 0.02
PAGS - PagSeguro Digital Ltd. Add 3.94% 153,332 0.02
BP - BP p.l.c. 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 Co., Ltd. Add 2.44% 13,821 0.01
PUK - Prudential plc Add 2.27% 33,473 0.01
WB - Weibo Corp. Add 1.35% 39,985 0.01
QFIN - Qfin Holdings, Inc. Add 1.19% 15,426 0.00
VIPS - Vipshop Holdings Ltd. 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 Add 0.78% 3,969 0.02
ALK - Alaska Air Group, Inc. Buy 1,434,517 0.99
BAH - Booz Allen Hamilton Holdings Corp. Buy 396,332 0.46
BA - The Boeing Co. Buy 151,928 0.45
VALE - Vale S.A. 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. Reduce 0.51% 2,430 0.00
NVDA - NVIDIA Corp. Reduce 1.24% 47 0.00
BABA - Alibaba Group Holdings Ltd. Reduce 2.31% 28,415 0.07
FINV - FinVolution Group 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., Inc. Reduce 7.89% 89,440 0.10
BIIB - Biogen Inc. Reduce 8.18% 46,417 0.09
DIS - The 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, Inc. Reduce 12.98% 39,242 0.13
AXS - AXIS Capital Holdings Ltd. Reduce 13.82% 115,640 0.15
BCS - Barclays PLC Reduce 13.84% 602,342 0.16
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares 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 Aktiengesellschaft Reduce 19.44% 3,424,411 1.59
JBS - JBS N.V. 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 S.A. Reduce 34.42% 201,982 0.10
JLL - Jones Lang LaSalle Inc. Reduce 37.22% 35,254 0.14
ING - ING Groep N.V. Reduce 38.56% 616,240 0.21
GOOG - Alphabet Inc. 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, 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 Ltd. Sell 100.00% 611,570 0.30
UNH - UnitedHealth Group Inc. Sell 100.00% 64,603 0.29
KSA - iShares 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 70110.46% 4,952,603 6.11
INDA - iShares MSCI India ETF Add 385.18% 836,765 0.57
GPK - Graphic Packaging Holdings 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 Financial Group, Inc. Add 165.38% 499,107 0.11
NWG - NatWest Group plc Add 128.12% 806,493 0.15
NGG - National Grid plc Add 112.39% 355,149 0.34
IR - Ingersoll Rand Inc. Add 111.68% 293,455 0.32
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares Add 107.43% 263,362 0.21
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 Ltd. 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, Inc. Add 44.58% 196,821 0.39
WHR - Whirlpool Corp. Add 42.32% 183,496 0.19
VIPS - Vipshop Holdings Ltd. 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 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 Add 16.64% 139,678 0.09
MRK - Merck & Co., Inc. 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. Ltd. Add 9.56% 2,783,927 1.06
DEO - Diageo plc Add 8.39% 36,156 0.05
VEU - Vanguard FTSE All-World ex-US Index Fund ETF Shares 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 Entertainment, Inc. Add 5.90% 12,947 0.03
PHG - Koninklijke Philips N.V. 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 Groep N.V. Add 3.74% 57,552 0.02
SHG - Shinhan Financial Group Co., Ltd. Add 2.88% 15,837 0.01
HDB - HDFC Bank Ltd. Add 2.67% 10,008 0.00
ZBH - Zimmer Biomet Holdings, Inc. 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 - PDD Holdings Inc. Buy 309,641 0.54
UNH - UnitedHealth 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 International 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 and 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 Ltd. 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 - Qfin Holdings, Inc. Reduce 1.75% 22,953 0.02
TSM - Taiwan Semiconductor Reduce 1.94% 10,064 0.04
BP - BP p.l.c. Reduce 2.30% 37,254 0.02
DIS - The 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 SA/NV Reduce 5.84% 37,791 0.04
BCS - Barclays PLC Reduce 6.67% 311,229 0.09
AAPL - Apple Inc. Reduce 7.58% 76 0.00
PUK - Prudential plc Reduce 7.66% 122,390 0.05
CP - Canadian Pacific Kansas City Ltd. Reduce 7.89% 1,157,626 1.45
DB - Deutsche Bank Aktiengesellschaft Reduce 8.78% 1,696,378 0.79
META - Meta Platforms, Inc. Reduce 9.05% 8,653 0.10
ATAT - Atour Lifestyle Holdings Ltd. Reduce 9.10% 61,214 0.03
B - Barrick Mining Corp. Reduce 11.10% 1,959,176 0.64
GOOG - Alphabet Inc. Reduce 12.39% 89,388 0.25
BTI - British American Tobacco p.l.c. Reduce 13.55% 71,896 0.05
ADI - Analog Devices, Inc. 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 N.V. Reduce 23.44% 8,053 0.00
MT - ArcelorMittal S.A. 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 - iShares MSCI Saudi Arabia ETF Reduce 37.43% 116,314 0.07
ORCL - Oracle Corp. Reduce 39.99% 110,877 0.38
AU - AngloGold Ashanti plc 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 - TD 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 Aktiengesellschaft Add 1176.19% 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 plc 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% 119,680 0.07
DEO - Diageo plc 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 Index Fund ETF Shares Add 31.98% 2,163 0.00
CTSH - Cognizant Technology Solutions Corp. Add 28.71% 263,483 0.33
SNY - Sanofi Add 21.11% 146,378 0.11
PHG - Koninklijke Philips N.V. 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 S.A. 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. Ltd. Add 9.65% 2,563,008 1.14
MRK - Merck & Co., Inc. Add 9.44% 84,791 0.11
SHG - Shinhan Financial Group Co., Ltd. Add 7.91% 40,332 0.03
VIPS - Vipshop Holdings Ltd. 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 Groep N.V. Add 5.49% 80,168 0.03
ZIM - ZIM Integrated Shipping Services Ltd. Add 4.84% 32,824 0.01
ATAT - Atour Lifestyle Holdings Ltd. Add 4.71% 30,248 0.02
GOOG - Alphabet Inc. Add 3.47% 24,193 0.07
BCS - Barclays PLC Add 3.37% 152,236 0.04
JD - JD.com, Inc. Add 3.18% 57,147 0.03
FINV - FinVolution Group Add 2.92% 66,710 0.01
CFG - Citizens Financial Group, Inc. Add 2.87% 28,775 0.02
BP - BP p.l.c. Add 1.50% 24,013 0.01
QFIN - Qfin Holdings, 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, 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 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 Holdings 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 Financial Group, Inc. Buy 301,796 0.07
JBS - JBS N.V. 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 Reduce 0.35% 1,830 0.01
KSA - iShares 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. Reduce 2.67% 13,075 0.00
PFE - Pfizer Inc. Reduce 3.01% 60,943 0.03
BUD - Anheuser-Busch InBev SA/NV 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 Ltd. 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 p.l.c. 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, Inc. 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 Entertainment, 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, Inc. Reduce 28.21% 227,271 0.54
PUK - Prudential plc Reduce 32.11% 755,841 0.34
DIS - The Walt Disney Co. Reduce 34.61% 330,175 0.68
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares 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 - TD 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 Inc. Sell 100.00% 120,400 0.43
EMBJ - Embraer S.A. Sell 100.00% 318,335 0.31
PDD - PDD Holdings 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 Ltd. Add 231.75% 448,854 0.27
VIPS - Vipshop Holdings Ltd. 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 Co., Ltd. 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., Inc. Add 53.62% 313,396 0.59
KSA - iShares MSCI Saudi Arabia ETF Add 45.63% 98,832 0.08
BABA - Alibaba Group Holdings Ltd. 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 Entertainment, Inc. Add 25.08% 59,100 0.16
BP - BP p.l.c. Add 22.62% 294,568 0.21
BUD - Anheuser-Busch InBev SA/NV Add 20.48% 117,619 0.15
JD - JD.com, Inc. Add 18.94% 286,142 0.25
GOOG - Alphabet Inc. Add 17.09% 101,796 0.33
ADI - Analog Devices, Inc. Add 15.68% 57,467 0.24
ZIM - ZIM Integrated Shipping Services Ltd. Add 15.49% 91,022 0.03
DIS - The 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 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, Inc. 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 plc 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 Add 0.41% 2,825 0.00
CCL - Carnival Corp. Ltd. Buy 26,565,066 10.85
APTV - Aptiv PLC Buy 860,744 1.07
DB - Deutsche Bank Aktiengesellschaft Buy 1,513,500 0.75
WHR - Whirlpool Corp. Buy 363,785 0.69
EMBJ - Embraer S.A. 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 Reduce 1.78% 9,419 0.04
ING - ING Groep N.V. Reduce 2.08% 31,041 0.01
PHG - Koninklijke Philips N.V. Reduce 2.24% 35,038 0.02
RELX - RELX PLC Reduce 2.48% 11,540 0.01
BTI - British American Tobacco p.l.c. Reduce 3.33% 20,985 0.02
NWG - NatWest Group plc Reduce 4.63% 37,162 0.01
QFIN - Qfin Holdings, 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 Reduce 18.49% 518,351 0.08
AU - AngloGold Ashanti plc Reduce 23.57% 118,279 0.06
BCS - Barclays PLC 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 S.A. 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 Inc. Reduce 60.46% 184,081 0.63
BAP - Credicorp Ltd. Reduce 67.84% 115,041 0.48
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares 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 - PDD Holdings Inc. Reduce 76.26% 340,346 0.76
SNX - TD SYNNEX Corp. Reduce 77.99% 465,423 1.24
VEU - Vanguard FTSE All-World ex-US Index Fund ETF Shares 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 - The 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 plc 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 N.V. Sell 100.00% 33,849 0.01
DOX - Amdocs Ltd. Sell 100.00% 6,390 0.01
ICLR - ICON Public Ltd. Co. Sell 100.00% 1,250 0.01
KOF - Coca-Cola FEMSA, S.A.B. de C.V. Sell 100.00% 5,350 0.01
NE - Noble Corp. plc Sell 100.00% 8,462 0.01
RYAAY - Ryanair Holdings plc Sell 100.00% 9,093 0.01
TECK - Teck Resources Ltd. Sell 100.00% 6,480 0.01
WTW - Willis Towers Watson Public Ltd. Co. Sell 100.00% 1,563 0.01
ERO - Ero Copper Corp. Sell 100.00% 16,000 0.00
ITUB - Itaú Unibanco Holdings 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 Financial Group, Inc. Sell 100.00% 13,348 0.00
OSUR - Orasure Technologies Inc Sell 100.00% 10,092 0.00
Q4 2024
BA - The Boeing Co. Add 705.68% 265,173 1.07
ZIM - ZIM Integrated Shipping Services Ltd. Add 509.30% 491,093 0.24
URTH - Ishares Msci World Etf Add 254.94% 36,966 0.13
VEU - Vanguard FTSE All-World ex-US Index Fund ETF Shares Add 226.98% 22,589 0.03
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares Add 160.82% 780,830 0.85
BAP - Credicorp Ltd. Add 151.33% 102,101 0.43
KSA - iShares MSCI Saudi Arabia ETF Add 100.91% 108,785 0.10
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 Add 38.79% 192,954 0.21
ING - ING Groep N.V. 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 N.V. 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 SA/NV Add 12.92% 65,691 0.07
MT - ArcelorMittal S.A. Add 12.80% 121,155 0.06
BP - BP p.l.c. Add 9.93% 117,605 0.08
RELX - RELX PLC Add 9.77% 41,476 0.04
BCS - Barclays PLC Add 8.90% 484,497 0.15
HDB - HDFC Bank Ltd. Add 8.06% 19,052 0.01
D7A - Aptiv Plc Add 7.77% 36,760 0.05
ADI - Analog Devices, Inc. Add 7.58% 25,842 0.12
BABA - Alibaba Group Holdings Ltd. Add 7.20% 63,851 0.12
SHG - Shinhan Financial Group Co., Ltd. Add 6.81% 20,766 0.02
GOOG - Alphabet Inc. 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 - Qfin Holdings, 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 Add 0.04% 213 0.00
PUK - Prudential plc Add 0.00% 73 0.00
ABX - Barrick Gold Corp Buy 11,112,293 3.92
MRK - Merck & Co., Inc. 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 plc Buy 501,799 0.25
ATAT - Atour Lifestyle Holdings Ltd. Buy 193,682 0.12
ACGL - Arch Capital Group Ltd. Buy 8,531 0.02
ACN - Accenture plc Buy 2,451 0.02
ARCO - Arcos Dorados Holdings Inc. Buy 34,300 0.01
CNH - CNH Industrial N.V. Buy 33,849 0.01
DOX - Amdocs Ltd. Buy 6,390 0.01
ICLR - ICON Public Ltd. Co. Buy 1,250 0.01
KOF - Coca-Cola FEMSA, S.A.B. de C.V. Buy 5,350 0.01
NE - Noble Corp. plc Buy 8,462 0.01
TECK - Teck Resources Ltd. Buy 6,480 0.01
WTW - Willis Towers Watson Public Ltd. Co. Buy 1,563 0.01
ERO - Ero Copper Corp. Buy 16,000 0.00
ITUB - Itaú Unibanco Holdings S.A. Buy 48,971 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 plc Reduce 0.73% 2,164 0.01
ZBH - Zimmer Biomet Holdings, Inc. 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 - TD SYNNEX Corp. Reduce 5.79% 36,695 0.11
NVDA - NVIDIA Corp. Reduce 9.28% 393 0.00
DGX - Quest Diagnostics Inc. 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 p.l.c. Reduce 16.56% 124,989 0.11
PFE - Pfizer Inc. Reduce 17.12% 378,520 0.27
SMFG - Sumitomo Mitsui Financial Group, Inc. 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 - The 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 Reduce 35.50% 1,542,431 0.23
SW - Smurfit Westrock Plc Reduce 36.56% 1,534,615 1.86
PDD - PDD Holdings Inc. Reduce 41.95% 322,505 1.07
LYV - Live Nation Entertainment, 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 Ltd. 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 Co. 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 Sell 100.00% 74,164 0.13
VIST - Vista Energy, 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 - Petróleo Brasileiro S.A. - Petrobras CL A 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 13599.99% 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 S.A. 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 Ltd. 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 plc Add 25.78% 60,861 0.21
VEU - Vanguard FTSE All-World ex-US Index Fund ETF Shares Add 23.80% 1,913 0.00
ZBH - Zimmer Biomet Holdings, Inc. 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. Add 14.82% 72,368 0.30
DIS - The 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, Inc. 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 Add 8.95% 356,978 0.05
AZN - AstraZeneca PLC Add 8.84% 19,925 0.08
QFIN - Qfin Holdings, Inc. Add 7.90% 100,492 0.07
TSM - Taiwan Semiconductor Add 4.56% 23,079 0.10
BUD - Anheuser-Busch InBev SA/NV Add 4.16% 20,302 0.03
WB - Weibo Corp. Add 3.51% 66,781 0.02
SNY - Sanofi Add 3.33% 16,017 0.02
PDD - PDD Holdings Inc. Add 3.25% 24,174 0.08
BMY - Bristol-Myers Squibb Co. Add 3.18% 23,103 0.03
MOMO - Hello Group Inc Add 3.07% 57,807 0.01
BTI - British American Tobacco p.l.c. 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 Add 1.91% 40,010 0.02
RDY - Dr Reddy's Laboratories Ltd Add 1.59% 8,435 0.00
WIT - Wipro Ltd. Add 1.40% 6,746 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 Add 0.63% 34,092 0.01
SW - Smurfit Westrock Plc Buy 4,197,579 5.10
LYV - Live Nation Entertainment, Inc. Buy 469,127 1.26
AXS - AXIS Capital Holdings Ltd. Buy 406,723 0.80
SHG - Shinhan Financial Group Co., Ltd. Buy 304,873 0.32
BA - The Boeing Co. Buy 37,577 0.14
NGG - National Grid plc 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 Ltd. 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% 862 0.00
SNX - TD SYNNEX Corp. Reduce 0.78% 4,961 0.02
BTG - B2Gold Corp. Reduce 1.19% 12,100 0.00
PHG - Koninklijke Philips N.V. 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 p.l.c. Reduce 9.98% 131,306 0.13
SMFG - Sumitomo Mitsui Financial Group, Inc. 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 - iShares 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 Groep N.V. Reduce 21.95% 302,200 0.14
CNXC - Concentrix Corp. Reduce 23.28% 131,478 0.23
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares Reduce 26.89% 178,618 0.24
DGX - Quest Diagnostics Inc. 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 Ltd. 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 Energy, 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 - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 96.41% 3,751,360 1.40
RYAAY - Ryanair Holdings plc Reduce 99.81% 5,481,545 6.97
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 8852.65% 971,578 0.68
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 Index Fund ETF Shares Add 90.27% 3,814 0.00
TME - Tencent Music Entertainment Group Add 87.65% 1,437,217 0.55
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares 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, Inc. 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 - The 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 p.l.c. 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 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 - PDD Holdings Inc. Add 9.12% 62,230 0.23
BCS - Barclays PLC 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 Ltd. Add 5.38% 172,876 0.06
QFIN - Qfin Holdings, Inc. Add 5.30% 64,023 0.03
BTI - British American Tobacco p.l.c. 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 SA/NV Add 3.89% 18,288 0.03
TSM - Taiwan Semiconductor Add 3.39% 16,605 0.08
SNY - Sanofi 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 plc 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 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 Co. Buy 727,352 0.82
WHR - Whirlpool Corp. Buy 94,673 0.26
BAP - Credicorp Ltd. Buy 46,793 0.21
MT - ArcelorMittal S.A. 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% 1,884 0.00
IBN - ICICI Bank Ltd. Reduce 0.79% 3,509 0.00
WIT - Wipro Ltd. Reduce 0.91% 4,430 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 Inc. Reduce 4.99% 25,001 0.09
NVDA - NVIDIA Corp. Reduce 5.09% 170 0.00
TAK - Takeda Pharmaceutical Co. Ltd. Reduce 6.28% 90,744 0.03
RDY - Dr Reddy's Laboratories Ltd Reduce 7.87% 45,320 0.02
C - Citigroup Inc. Reduce 8.30% 105,420 0.17
SMFG - Sumitomo Mitsui Financial Group, Inc. 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, Inc. 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 - TD SYNNEX Corp. Reduce 17.61% 136,469 0.40
KSA - iShares MSCI Saudi Arabia ETF Reduce 19.11% 30,135 0.03
RYAAY - Ryanair Holdings plc Reduce 19.63% 1,341,238 2.04
BABA - Alibaba Group Holdings Ltd. Reduce 22.70% 189,920 0.36
PHG - Koninklijke Philips N.V. Reduce 22.76% 379,760 0.20
ING - ING Groep N.V. Reduce 27.48% 521,681 0.23
STX - Seagate Technology Holdings plc Reduce 29.12% 157,035 0.38
41IS - Unilever Plc Reduce 31.94% 2,241 0.00
GOOG - Alphabet Inc. Reduce 37.13% 288,415 1.15
ZBRA - Zebra Technologies Corp. Reduce 40.48% 101,709 0.80
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 41.38% 2,747,305 1.07
GGB - Gerdau S.A. Reduce 43.10% 2,022,792 0.19
VIST - Vista Energy, 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, Inc. 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, Inc. Sell 100.00% 254,244 0.69
KOF - Coca-Cola FEMSA, S.A.B. de C.V. Sell 100.00% 98,213 0.25
SABR - Sabre Corp. Sell 100.00% 3,057,805 0.19
KB - KB Financial Group Inc. Sell 100.00% 21,119 0.03
ZIM - ZIM Integrated Shipping Services Ltd. 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 - Petróleo Brasileiro S.A. - Petrobras CL A 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, Inc. Add 35.08% 92,287 0.48
PCG - PG&E Corp. Add 34.99% 1,111,858 0.49
NTES - NetEase, Inc. Add 33.83% 64,271 0.17
BTI - British American Tobacco p.l.c. Add 25.15% 139,892 0.11
PUK - Prudential plc Add 24.76% 366,842 0.18
CP - Canadian Pacific Kansas City Ltd. Add 21.51% 1,196,061 2.76
PHG - Koninklijke Philips N.V. 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. Add 17.35% 114,819 0.46
DEO - Diageo plc Add 16.18% 32,351 0.13
ING - ING Groep N.V. Add 15.43% 253,868 0.11
NVS - Novartis AG Add 14.53% 30,379 0.08
BUD - Anheuser-Busch InBev SA/NV 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 Energy, 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 Ltd. Add 7.57% 226,044 0.10
TAK - Takeda Pharmaceutical Co. Ltd. Add 7.38% 99,263 0.04
BP - BP p.l.c. Add 7.10% 75,978 0.07
QFIN - Qfin Holdings, Inc. Add 6.70% 75,906 0.04
SHEL - Shell plc Add 6.42% 32,662 0.06
TSM - Taiwan Semiconductor Add 5.70% 26,398 0.09
SNY - Sanofi Add 5.34% 23,610 0.03
PDD - PDD Holdings 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 Inc. Add 1.71% 8,410 0.03
BCS - Barclays PLC Add 1.27% 62,979 0.02
FINV - FinVolution Group 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. Buy 486,490 0.04
ZIM - ZIM Integrated Shipping Services Ltd. 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 3,340 0.01
GOGL - Golden Ocean Group Ltd Buy 13,809 0.00
IBN - ICICI Bank Ltd. Reduce 0.88% 3,954 0.00
SNX - TD 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, Inc. 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, Inc. Reduce 10.34% 58,414 0.18
ZBRA - Zebra Technologies Corp. Reduce 10.51% 29,513 0.20
BABA - Alibaba Group Holdings Ltd. 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 - iShares MSCI Saudi Arabia ETF Reduce 18.18% 35,029 0.04
KOF - Coca-Cola FEMSA, S.A.B. de C.V. Reduce 19.74% 24,154 0.06
RYAAY - Ryanair Holdings plc Reduce 19.74% 1,681,115 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 - The Walt Disney Co. Reduce 25.35% 279,370 0.64
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares 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. Reduce 41.37% 14,903 0.02
GGB - Gerdau S.A. Reduce 46.86% 4,137,795 0.43
ABBV - AbbVie Inc. Reduce 46.98% 189,253 0.75
VEU - Vanguard FTSE All-World ex-US Index Fund ETF Shares 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 Financial Group, Inc. Reduce 97.94% 967,948 0.24
UBS - UBS Group 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, S.A.B. de C.V. 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, Inc. Add 64.92% 393,860 0.54
NWG - NatWest Group plc Add 57.71% 602,975 0.09
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 54.67% 1,434,494 0.56
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares Add 54.17% 204,731 0.25
DEO - Diageo plc 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, Inc. Add 39.13% 158,806 0.49
KB - KB Financial Group Inc. Add 36.80% 9,690 0.01
BUD - Anheuser-Busch InBev SA/NV 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 N.V. Add 27.52% 300,580 0.18
BCS - Barclays PLC 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 p.l.c. Add 19.32% 173,379 0.16
CSX - CSX Corp. Add 18.38% 250,270 0.22
ING - ING Groep N.V. 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 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 - TD 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 - The Walt Disney Co. Add 1.26% 13,695 0.03
DGX - Quest Diagnostics Inc. Add 0.62% 3,013 0.01
HDB - HDFC Bank Ltd. Add 0.36% 866 0.00
C - Citigroup Inc. Add 0.35% 5,347 0.01
ADI - Analog Devices, Inc. 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, Inc. Buy 189,973 0.45
CX - CEMEX, S.A.B. de C.V. 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 Index Fund ETF Shares 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 p.l.c. Reduce 0.69% 3,866 0.00
VIST - Vista Energy, S.A.B. de C.V. Reduce 0.91% 4,245 0.00
PDD - PDD Holdings 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 Ltd. Reduce 2.09% 63,846 0.03
QFIN - Qfin Holdings, 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.B. de C.V. Reduce 3.34% 4,227 0.01
GGB - Gerdau S.A. Reduce 3.78% 346,962 0.04
KSA - iShares MSCI Saudi Arabia ETF Reduce 3.99% 8,000 0.01
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 4.33% 44,767 0.01
SABR - Sabre Corp. Reduce 5.54% 195,276 0.02
GOOG - Alphabet Inc. Reduce 5.60% 39,290 0.14
TSM - Taiwan Semiconductor Reduce 6.99% 34,760 0.08
SNY - Sanofi Reduce 7.98% 38,373 0.05
41IS - Unilever Plc Reduce 14.56% 50,058 0.07
BABA - Alibaba Group Holdings Ltd. Reduce 17.17% 194,028 0.44
RYAAY - Ryanair Holdings plc Reduce 17.25% 1,775,544 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 Group AG Reduce 46.55% 4,188,922 2.74
FINV - FinVolution Group 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, Inc. Sell 100.00% 772,419 1.41
ALL - The 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 Markets Index Fund ETF Shares Add 93.68% 182,810 0.21
CFG - Citizens Financial Group, Inc. Add 88.63% 561,274 0.39
TSN - Tyson Foods, Inc. Add 86.74% 281,811 0.38
ZBH - Zimmer Biomet Holdings, Inc. Add 79.57% 179,845 0.53
BTI - British American Tobacco p.l.c. Add 72.32% 235,085 0.19
HDB - HDFC Bank Ltd. Add 71.70% 99,522 0.08
DGX - Quest Diagnostics Inc. Add 58.74% 181,201 0.58
BUD - Anheuser-Busch InBev SA/NV 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 Add 42.07% 393,374 0.23
GSK - GSK plc Add 41.39% 165,317 0.16
FINV - FinVolution Group 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 - The Walt Disney Co. Add 30.23% 252,680 0.54
SNY - Sanofi Add 29.18% 108,574 0.15
ATHM - Autohome Inc Add 24.80% 96,510 0.08
SNX - TD SYNNEX Corp. Add 23.00% 145,552 0.38
SAP - SAP SE Add 20.06% 48,512 0.17
BCS - Barclays PLC Add 19.46% 658,639 0.14
BABA - Alibaba Group Holdings Ltd. Add 18.14% 173,468 0.40
DEO - Diageo plc 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.B. de C.V. 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 p.l.c. 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 Energy, 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, Inc. Add 3.60% 26,845 0.05
C - Citigroup Inc. Add 2.33% 34,646 0.04
VIPS - Vipshop Holdings Ltd. 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 Group 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 - Petróleo Brasileiro S.A. - Petrobras CL A Buy 2,624,104 0.95
ALL - The 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% 98,778 0.01
KSA - iShares MSCI Saudi Arabia ETF Reduce 3.97% 8,289 0.01
PHG - Koninklijke Philips N.V. 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. Reduce 14.63% 120,200 0.38
ING - ING Groep N.V. Reduce 15.06% 252,065 0.09
NVS - Novartis AG Reduce 17.08% 38,529 0.10
PDD - PDD Holdings 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% 173,720 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 Financial Group, Inc. Reduce 38.00% 633,250 0.14
JKS - Jinkosolar Holding Co Ltd Reduce 39.20% 132,295 0.15
QFIN - Qfin Holdings, Inc. Reduce 40.75% 796,743 0.36
RYAAY - Ryanair Holdings plc Reduce 45.14% 8,467,245 9.86
TSM - Taiwan Semiconductor 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 National Railway Co. Sell 100.00% 2,887,742 9.21
WRK - Westrock Co Sell 100.00% 2,111,676 1.62
LDOS - Leidos Holdings, Inc. 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 Sociedad Anónima Sell 100.00% 791,539 0.31
WIT - Wipro Ltd. Sell 100.00% 100,430 0.01
Q2 2023
TRMD - TORM plc Add 1064.38% 124,745 0.08
BP - BP p.l.c. Add 229.46% 562,459 0.52
BIDU - Baidu, Inc. Add 161.58% 99,573 0.36
DEO - Diageo plc 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 p.l.c. 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 SA/NV 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 Sociedad Anónima Add 25.20% 159,333 0.06
GSK - GSK plc Add 25.15% 80,270 0.07
SNX - TD SYNNEX Corp. Add 25.10% 126,959 0.31
LDOS - Leidos Holdings, Inc. Add 18.60% 87,658 0.20
PHG - Koninklijke Philips N.V. Add 15.40% 155,019 0.09
BCS - Barclays PLC Add 15.06% 443,013 0.09
GGB - Gerdau S.A. Add 9.44% 799,908 0.09
RELX - RELX PLC Add 8.85% 60,414 0.05
SNY - Sanofi Add 8.66% 29,650 0.04
MOMO - Hello Group Inc Add 7.37% 162,828 0.04
DIS - The Walt Disney Co. Add 5.93% 46,803 0.11
C - Citigroup Inc. Add 4.99% 70,877 0.09
ING - ING Groep N.V. 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 - PDD Holdings 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 Inc. Buy 308,493 1.14
CSX - CSX Corp. Buy 996,806 0.89
TSN - Tyson Foods, Inc. 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 Energy, S.A.B. de C.V. Buy 429,632 0.27
GOGL - Golden Ocean Group Ltd Buy 505,904 0.10
SMFG - Sumitomo Mitsui Financial Group, Inc. 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. Reduce 2.28% 4,692 0.00
PCG - PG&E Corp. Reduce 2.39% 46,687 0.02
VIPS - Vipshop Holdings Ltd. Reduce 2.76% 84,665 0.03
KOF - Coca-Cola FEMSA, S.A.B. de C.V. 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% 54,920 0.02
PUK - Prudential plc Reduce 7.58% 76,672 0.05
UBS - UBS Group AG Reduce 7.75% 747,512 0.38
NVS - Novartis AG Reduce 8.20% 20,159 0.04
MDLZ - Mondelez International, Inc. Reduce 9.83% 81,263 0.14
GOOG - Alphabet Inc. Reduce 10.01% 91,322 0.23
QFIN - Qfin Holdings, Inc. Reduce 10.34% 225,582 0.10
SAP - SAP SE Reduce 14.55% 41,165 0.13
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares 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% 4,340,700 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 - iShares MSCI Saudi Arabia ETF Reduce 27.43% 78,982 0.07
BABA - Alibaba Group Holdings Ltd. Reduce 28.21% 375,816 0.92
INFY - Infosys Ltd. Reduce 30.05% 269,802 0.11
HDB - HDFC Bank Ltd. Reduce 32.92% 68,120 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 Reduce 36.25% 3,252,932 0.33
CNI - Canadian National 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, Inc. Reduce 46.68% 197,872 0.61
TSM - Taiwan Semiconductor 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% 300,720 0.08
ATHM - Autohome Inc Add 45.73% 187,500 0.15
LDOS - Leidos Holdings, Inc. Add 44.76% 145,700 0.32
WRK - Westrock Co Add 42.18% 628,019 0.46
SNX - TD SYNNEX Corp. Add 37.17% 137,081 0.32
GSK - GSK plc Add 34.65% 82,127 0.07
GOOG - Alphabet Inc. Add 33.26% 227,813 0.57
ING - ING Groep N.V. Add 26.83% 341,772 0.10
PHG - Koninklijke Philips N.V. Add 21.79% 180,120 0.08
VIPS - Vipshop Holdings Ltd. Add 21.35% 539,748 0.20
RYAAY - Ryanair Holdings plc Add 20.07% 3,860,847 3.49
BCS - Barclays PLC 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 National 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 Add 8.51% 703,854 0.07
MDLZ - Mondelez International, Inc. 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 p.l.c. Add 4.66% 8,623 0.01
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares Add 3.93% 8,787 0.01
META - Meta Platforms, Inc. Add 3.36% 10,493 0.05
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 2.70% 43,857 0.01
RIO - Rio Tinto Group Add 1.53% 2,340 0.00
PDD - PDD Holdings Inc. Add 0.96% 7,767 0.01
G - Genpact Ltd. Add 0.70% 10,211 0.01
DIS - The Walt Disney Co. Add 0.02% 132 0.00
UBS - UBS Group AG Buy 9,650,640 4.89
BAP - Credicorp Ltd. Buy 384,722 1.22
GGB - Gerdau S.A. Buy 8,476,597 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 plc Buy 55,630 0.24
HIMX - Himax Technologies Inc Buy 1,066,251 0.21
YPF - YPF Sociedad Anónima 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, Inc. 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 Ltd. Reduce 3.81% 52,742 0.13
CARR - Carrier Global Corp. Reduce 4.03% 58,204 0.07
QFIN - Qfin Holdings, Inc. Reduce 5.12% 117,612 0.07
KOF - Coca-Cola FEMSA, S.A.B. de C.V. 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 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 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 SA/NV Reduce 20.94% 36,523 0.06
BP - BP p.l.c. Reduce 22.64% 71,728 0.07
PUK - Prudential plc 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% 102,394 0.10
KB - KB Financial Group Inc. Reduce 36.89% 15,393 0.02
KSA - iShares 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. Reduce 67.89% 434,578 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 - Petróleo Brasileiro S.A. - Petrobras CL A Sell 100.00% 3,963,694 1.07
WFC - Wells Fargo & Co. 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 S.A. 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 S.A. Sell 100.00% 51,213 0.03
ERF - Enerplus Corp Sell 100.00% 25,478 0.01
Q4 2022
VIPS - Vipshop Holdings Ltd. Add 449.06% 2,067,934 0.82
TME - Tencent Music Entertainment Group Add 64.83% 2,215,283 0.53
PDD - PDD Holdings 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 Ltd. Add 37.09% 374,645 0.96
BUD - Anheuser-Busch InBev SA/NV 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 - The Walt Disney Co. Add 24.28% 154,105 0.39
QFIN - Qfin Holdings, Inc. Add 17.33% 339,470 0.20
RDY - Dr Reddy's Laboratories Ltd Add 17.28% 74,265 0.02
WRK - Westrock Co Add 14.24% 185,591 0.19
PHG - Koninklijke Philips N.V. Add 9.82% 73,949 0.03
JLL - Jones Lang LaSalle Inc. Add 6.58% 8,407 0.04
BCS - Barclays PLC Add 5.77% 139,004 0.03
GOOG - Alphabet Inc. Add 4.12% 27,096 0.07
PUK - Prudential plc Add 3.36% 42,627 0.03
RYAAY - Ryanair Holdings plc Buy 19,237,185 16.71
GE - GE Aerospace Buy 1,052,636 1.60
FINV - FinVolution Group 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% 3,682 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. Reduce 2.16% 14,160 0.00
CARR - Carrier Global Corp. Reduce 2.53% 37,525 0.04
SAP - SAP SE Reduce 3.70% 10,355 0.02
SNX - TD SYNNEX Corp. Reduce 4.19% 16,140 0.04
BP - BP p.l.c. 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, Inc. Reduce 5.93% 27,247 0.08
SMFG - Sumitomo Mitsui Financial Group, Inc. 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 National Railway Co. Reduce 9.06% 422,025 1.28
SABR - Sabre Corp. Reduce 9.11% 366,943 0.05
TSM - Taiwan Semiconductor Reduce 9.22% 310,791 0.60
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 9.39% 410,887 0.13
SNY - Sanofi Reduce 12.85% 59,610 0.06
AVGO - Broadcom Inc. Reduce 13.01% 54,720 0.07
KOF - Coca-Cola FEMSA, S.A.B. de C.V. 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, Inc. 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 p.l.c. Reduce 31.11% 83,624 0.08
G - Genpact Ltd. Reduce 31.36% 670,341 0.82
ING - ING Groep N.V. Reduce 32.68% 618,388 0.15
BIDU - Baidu, Inc. Reduce 37.29% 66,919 0.22
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares Reduce 38.48% 139,998 0.14
WFC - Wells Fargo & Co. Reduce 39.81% 431,673 0.49
LVS - Las Vegas Sands Corp. Reduce 42.51% 957,072 1.01
MT - ArcelorMittal S.A. Reduce 43.23% 85,810 0.05
LDOS - Leidos Holdings, Inc. 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 - iShares 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 S.A. 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 S.A. Sell 100.00% 186,412 0.13
URTH - Ishares Msci World Etf Sell 100.00% 17,186 0.05
NTES - NetEase, Inc. Sell 100.00% 13,177 0.03
SPY - State Street 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 20236.53% 4,248,458 6.67
KOF - Coca-Cola FEMSA, S.A.B. de C.V. Add 142.57% 84,850 0.14
PDD - PDD Holdings Inc. Add 129.37% 282,753 0.50
RDY - Dr Reddys Labs Ltd Add 81.93% 193,580 0.06
TTM-OLD - Tata Mtrs Ltd Add 43.94% 108,516 0.07
BABA - Alibaba Group Holdings Ltd. Add 21.00% 175,324 0.39
PHG - Koninklijke Philips N.V. Add 20.85% 129,852 0.06
ING - ING Groep N.V. Add 17.30% 279,047 0.07
JD - JD.com, Inc. Add 17.14% 81,814 0.12
KSA - iShares MSCI Saudi Arabia ETF Add 15.53% 159,891 0.18
PUK - Prudential plc 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 S.A. Add 9.13% 218,395 0.08
HDB - HDFC Bank Ltd. Add 2.68% 8,166 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 SA/NV Buy 131,098 0.17
MT - ArcelorMittal S.A. Buy 198,482 0.11
VIPS - Vipshop Holdings Ltd. 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 - State Street SPDR S&P 500 ETF Trust Buy 2,519 0.03
C - Citigroup Inc. Reduce 0.82% 8,404 0.01
QFIN - Qfin Holdings, Inc. Reduce 1.07% 21,141 0.01
TSM - Taiwan Semiconductor 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 Reduce 5.24% 133,182 0.03
AVGO - Broadcom Inc. Reduce 6.49% 29,210 0.04
SNY - Sanofi Reduce 6.57% 32,614 0.04
RELX - RELX PLC Reduce 6.69% 54,859 0.04
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 7.81% 146,589 0.02
CNI - Canadian National 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
GOOG - Alphabet Inc. Reduce 11.37% 84,353 0.23
ZBH - Zimmer Biomet Holdings, Inc. Reduce 11.99% 62,564 0.16
WFC - Wells Fargo & Co. Reduce 12.30% 152,024 0.15
DIS - The Walt Disney Co. Reduce 12.38% 89,718 0.21
MDLZ - Mondelez International, Inc. Reduce 12.97% 135,963 0.21
CIB - Grupo Cibest S.A. Reduce 13.06% 28,002 0.02
NVS - Novartis AG Reduce 13.29% 41,511 0.09
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 13.47% 681,198 0.18
SNX - TD 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 p.l.c. Reduce 18.67% 61,716 0.07
G - Genpact Ltd. Reduce 19.55% 519,427 0.55
LDOS - Leidos Holdings, Inc. Reduce 20.11% 161,035 0.40
BERY - Berry Global Group Inc Reduce 23.20% 398,244 0.54
GSK - GSK plc Reduce 27.51% 69,662 0.08
TTEN - Totalenergies Se Reduce 28.36% 83,597 0.11
ACWI - iShares MSCI ACWI ETF Reduce 28.69% 3,842 0.01
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares 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 p.l.c. 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. Reduce 74.51% 1,912,902 0.13
NTES - NetEase, 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 Ltd. 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 Económico Mexicano, S.A.B. de C.V. Sell 100.00% 30,578 0.05
SNPTY - China Pete & Chem Corp Sell 100.00% 30,140 0.03
ASH - Ashland Inc. Sell 100.00% 2,135 0.01
MSFT - Microsoft Corp. Sell 100.00% 941 0.01
SCZ - iShares MSCI EAFE Small-Cap ETF Sell 100.00% 7,800 0.01
VEU - Vanguard FTSE All-World ex-US Index Fund ETF Shares Sell 100.00% 5,346 0.01
Q2 2022
BIDU - Baidu, Inc. Add 462.73% 144,474 0.53
CIB - Grupo Cibest S.A. Add 359.13% 167,714 0.13
PHG - Koninklijke Philips N.V. Add 142.26% 365,774 0.19
CNI - Canadian National 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 Add 30.32% 591,410 0.11
6683 - General Electric Co Add 29.90% 260,488 0.41
ZIM - ZIM Integrated Shipping Services Ltd. Add 27.96% 24,999 0.03
41IS - Unilever Plc Add 22.61% 109,561 0.13
PUK - Prudential plc 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 - The 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 - Qfin Holdings, Inc. Add 4.91% 92,628 0.04
BERY - Berry Global Group Inc Add 1.41% 23,894 0.03
ING - ING Groep N.V. Add 1.31% 20,802 0.01
WFC - Wells Fargo & Co. Buy 1,236,279 1.21
VALE - Vale S.A. Buy 2,392,131 0.87
JLL - Jones Lang LaSalle Inc. Buy 124,715 0.54
VEA - Vanguard FTSE Developed Markets Index Fund ETF Shares Buy 511,822 0.52
PDD - PDD Holdings Inc. Buy 218,559 0.34
GSK - GSK plc Buy 253,206 0.28
NTES - NetEase, Inc. Buy 53,187 0.12
KOF - Coca-Cola FEMSA, S.A.B. de C.V. Buy 59,514 0.08
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Buy 30,578 0.05
ACWI - iShares MSCI ACWI ETF Buy 13,391 0.03
SCZ - iShares MSCI EAFE Small-Cap ETF Buy 7,800 0.01
VEU - Vanguard FTSE All-World ex-US Index Fund ETF Shares Buy 5,346 0.01
SNX - TD SYNNEX Corp. Reduce 0.55% 2,479 0.01
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 0.75% 38,077 0.01
KSA - iShares 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 Ltd. Reduce 3.53% 30,523 0.08
ASH - Ashland Inc. Reduce 4.13% 92 0.00
MDLZ - Mondelez International, Inc. Reduce 4.23% 46,252 0.07
META - Meta Platforms, Inc. Reduce 4.99% 16,921 0.09
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 5.20% 102,908 0.02
TAK - Takeda Pharmaceutical Co. Ltd. Reduce 5.89% 94,223 0.03
ZBH - Zimmer Biomet Holdings, Inc. Reduce 6.19% 34,425 0.11
TSM - Taiwan Semiconductor 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% 23,892 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, Inc. Reduce 16.76% 161,173 0.42
WIT - Wipro Ltd. Reduce 17.58% 547,430 0.05
AZN - AstraZeneca PLC Reduce 18.19% 37,129 0.12
SNY - Sanofi Reduce 18.60% 113,502 0.14
BTI - British American Tobacco p.l.c. 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% 112,525 0.03
GOOG - Alphabet Inc. Reduce 33.25% 369,740 1.23
AVGO - Broadcom Inc. Reduce 33.68% 228,400 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 p.l.c. 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 Sell 100.00% 1,413,070 0.13
EFV - iShares MSCI EAFE Value ETF Sell 100.00% 94,753 0.11
CPG - Crescent Pt Energy Corp Sell 100.00% 526,000 0.09
MT - ArcelorMittal S.A. 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 Groep N.V. Add 153.31% 963,759 0.24
ZIM - ZIM Integrated Shipping Services Ltd. Add 135.26% 51,398 0.09
ZBH - Zimmer Biomet Holdings, Inc. Add 123.27% 307,079 0.94
RELX - RELX PLC Add 78.82% 305,393 0.22
LDOS - Leidos Holdings, Inc. Add 69.86% 395,558 1.02
AP47 - Glaxosmithkline Plc Add 44.71% 79,832 0.08
PUK - Prudential plc Add 43.04% 276,933 0.20
CNI - Canadian National Railway Co. Add 42.95% 772,817 2.48
BCS - Barclays PLC 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 - Qfin Holdings, 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 - Petróleo Brasileiro S.A. - Petrobras CL A Add 7.24% 344,104 0.11
TAK - Takeda Pharmaceutical Co. Ltd. Add 6.09% 91,897 0.03
DIS - The Walt Disney Co. Add 4.56% 28,526 0.09
IBN - ICICI Bank Ltd. Add 3.71% 141,948 0.06
SNX - TD SYNNEX Corp. Add 3.29% 14,279 0.04
WRK - Westrock Co Add 3.11% 62,706 0.07
GOOG - Alphabet Inc. Add 3.01% 32,520 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, Inc. Add 0.61% 6,619 0.01
KSA - iShares MSCI Saudi Arabia ETF Add 0.41% 4,247 0.00
TSM - Taiwan Semiconductor Add 0.29% 10,435 0.03
SHEL - Shell plc Buy 621,887 0.82
PHG - Koninklijke Philips N.V. Buy 257,116 0.19
EFA - iShares MSCI EAFE ETF Buy 68,600 0.12
EFV - iShares MSCI EAFE Value ETF Buy 94,753 0.11
CIB - Grupo Cibest S.A. Buy 46,700 0.05
MSFT - Microsoft Corp. Buy 958 0.01
FINV - FinVolution Group Reduce 0.05% 687 0.00
RDY - Dr Reddys Labs Ltd Reduce 0.75% 2,645 0.00
INFY - Infosys Ltd. Reduce 0.78% 40,683 0.02
SMFG - Sumitomo Mitsui Financial Group, Inc. 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. Reduce 3.12% 100,446 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 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 p.l.c. Reduce 10.35% 128,351 0.08
ESNT - Essent Group Ltd Reduce 12.58% 298,071 0.30
BTI - British American Tobacco p.l.c. Reduce 12.79% 60,394 0.05
BABA - Alibaba Group Holdings Ltd. 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% 138,558 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% 1,016,440 1.49
BIDU - Baidu, Inc. Reduce 62.64% 52,356 0.17
MT - ArcelorMittal S.A. Reduce 75.03% 210,643 0.15
ASH - Ashland Inc. Reduce 99.63% 603,543 1.42
BAP - Credicorp Ltd. Sell 100.00% 1,284,148 3.14
SRE - Sempra 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 - PDD Holdings Inc. Sell 100.00% 116,800 0.15
VALE - Vale S.A. Sell 100.00% 441,730 0.14
CX - CEMEX, S.A.B. de C.V. 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 - PDD Holdings 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 - iShares MSCI Saudi Arabia ETF Add 115.67% 556,297 0.39
MDLZ - Mondelez International, Inc. Add 75.09% 466,618 0.68
6683 - General Electric Co Add 53.38% 533,921 1.11
WIT - Wipro Ltd. Add 46.84% 1,025,610 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 - Petróleo Brasileiro S.A. - Petrobras CL A Add 39.44% 1,343,514 0.30
META - Meta Platforms, Inc. Add 36.09% 93,005 0.46
DIS - The Walt Disney Co. Add 35.76% 164,963 0.56
PUK - Prudential plc 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 - Qfin Holdings, Inc. Add 19.39% 256,864 0.13
FISV - Fiserv, Inc. Add 18.45% 182,027 0.42
LDOS - Leidos Holdings, Inc. Add 18.28% 87,517 0.17
AVGO - Broadcom Inc. Add 18.02% 258,740 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. Add 7.26% 73,020 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
BP - BP p.l.c. 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 Add 2.98% 42,837 0.01
MT - ArcelorMittal S.A. Add 2.66% 7,279 0.01
PKX - Posco Add 0.53% 931 0.00
SNY - Sanofi Add 0.52% 3,289 0.00
CARR - Carrier Global Corp. Add 0.15% 1,704 0.00
CNI - Canadian National Railway Co. Buy 1,799,444 4.37
SNX - TD SYNNEX Corp. Buy 433,853 1.09
ZBH - Zimmer Biomet Holdings, Inc. Buy 249,119 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. 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 Ltd. Buy 38,000 0.01
AMX - America Movil SAb De Cv Reduce 3.00% 59,429 0.02
SRE - Sempra Reduce 3.08% 21,366 0.03
CLS - Celestica Inc. Reduce 3.22% 4,100 0.00
BTI - British American Tobacco p.l.c. 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% 125,814 0.10
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 11.81% 270,396 0.04
TSM - Taiwan Semiconductor Reduce 11.81% 486,629 1.22
RDY - Dr Reddys Labs Ltd Reduce 13.59% 55,265 0.02
CNXC - Concentrix Corp. Reduce 13.62% 78,226 0.31
RELX - RELX PLC Reduce 15.59% 71,552 0.05
ING - ING Groep N.V. 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 Ltd. Reduce 36.25% 599,087 2.00
ABBNY - Abb Ltd Reduce 40.47% 5,553 0.00
HDB - HDFC Bank Ltd. Reduce 43.76% 363,602 0.30
INMD - InMode Ltd. Reduce 47.92% 41,023 0.04
ASH - Ashland Inc. Reduce 50.08% 607,709 1.22
BIDU - Baidu, Inc. Reduce 78.30% 301,524 1.04
CX - CEMEX, S.A.B. de C.V. Reduce 82.71% 2,593,728 0.42
VALE - Vale S.A. 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, 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 - Qfin Holdings, 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. Add 62.74% 844,076 0.08
BAP - Credicorp Ltd. Add 43.96% 509,937 1.27
BP - BP p.l.c. 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 - iShares MSCI Saudi Arabia ETF Add 22.85% 89,472 0.08
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 16.62% 485,432 0.11
PUK - Prudential plc Add 11.38% 48,476 0.04
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 Financial Group, Inc. Add 0.37% 8,329 0.00
BTI - British American Tobacco p.l.c. 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, S.A.B. de C.V. 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 85,600 0.08
VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares Buy 18,972 0.06
PDD - PDD Holdings 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 S.A. Reduce 2.02% 143,819 0.07
G - Genpact Ltd. Reduce 3.49% 75,025 0.07
SRE - Sempra Reduce 3.79% 27,360 0.04
TSM - Taiwan Semiconductor 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 Ltd. Reduce 5.03% 87,551 0.41
WM - Waste Management, Inc. Reduce 5.03% 18,731 0.05
BCS - Barclays PLC 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 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 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 Groep N.V. Reduce 14.00% 126,761 0.03
DIS - The Walt Disney Co. Reduce 14.68% 79,384 0.29
COP - ConocoPhillips Reduce 14.70% 116,057 0.14
LDOS - Leidos Holdings, Inc. Reduce 14.93% 84,013 0.17
HDB - HDFC Bank Ltd. Reduce 15.44% 151,690 0.11
C - Citigroup Inc. Reduce 18.84% 143,011 0.21
PKX - Posco Reduce 19.46% 42,845 0.07
GOOG - Alphabet Inc. Reduce 21.38% 273,660 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 S.A. Reduce 27.30% 102,689 0.07
BIDU - Baidu, Inc. Reduce 27.59% 146,706 0.61
FINV - FinVolution Group Reduce 29.67% 596,504 0.12
AVGO - Broadcom Inc. Reduce 30.94% 643,460 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, Inc. Reduce 37.24% 368,707 0.47
RDY - Dr Reddys Labs Ltd Reduce 50.12% 408,595 0.13
EXC - Exelon Corp. Reduce 50.55% 1,292,784 0.83
NTES - NetEase, 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 Real Estate Equities, Inc. Sell 100.00% 249,493 0.93
DGX - Quest Diagnostics Inc. Sell 100.00% 305,502 0.83
VIPS - Vipshop Holdings Ltd. 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 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 - Qfin Holdings, Inc. Add 70.99% 289,049 0.24
MT - ArcelorMittal S.A. 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. Add 28.57% 298,962 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, Inc. 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 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 Add 1.90% 7,946 0.01
BP - BP p.l.c. Add 1.78% 14,558 0.01
SMFG - Sumitomo Mitsui Financial Group, Inc. 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% 6,150 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 - iShares 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 Inc. Reduce 4.40% 14,070 0.04
ASH - Ashland Inc. Reduce 4.41% 61,124 0.11
DIS - The 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% 206,829 0.13
BBVA - Banco Bilbao Vizcaya Argenta Reduce 8.47% 248,180 0.03
SRE - Sempra Reduce 8.90% 70,540 0.09
TSM - Taiwan Semiconductor Reduce 9.52% 451,133 1.06
CNXC - Concentrix Corp. Reduce 9.80% 71,338 0.21
AVGO - Broadcom Inc. Reduce 9.93% 229,330 0.21
BABA - Alibaba Group Holdings Ltd. Reduce 10.41% 202,153 0.91
ESNT - Essent Group Ltd Reduce 10.94% 277,195 0.26
GOOG - Alphabet Inc. Reduce 11.42% 165,100 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 p.l.c. 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 - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 13.29% 447,718 0.08
VALE - Vale S.A. Reduce 14.03% 1,164,325 0.40
NTES - NetEase, Inc. Reduce 14.47% 91,416 0.19
BCS - Barclays PLC 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% 221,160 0.17
IBN - ICICI Bank Ltd. Reduce 18.55% 1,064,014 0.34
ARE - Alexandria Real Estate Equities, Inc. Reduce 19.25% 59,462 0.19
VIPS - Vipshop Holdings Ltd. 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, Inc. Reduce 43.83% 439,163 0.84
BIDU - Baidu, Inc. Reduce 44.93% 433,810 1.87
ING - ING Groep N.V. 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 (Cayman) Inc. Sell 100.00% 3,900 0.00
HTHT - H World Group Ltd. 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 p.l.c. 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 Add 41.23% 185,370 0.18
ARE - Alexandria Real Estate 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% 570,580 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. Add 29.91% 332,760 0.68
KSA - iShares MSCI Saudi Arabia ETF Add 28.86% 89,173 0.06
EXC - Exelon Corp. Add 28.48% 612,715 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 Add 7.32% 28,516 0.02
VEDL - Vedanta Ltd Add 6.76% 46,696 0.01
LDOS - Leidos Holdings, Inc. Add 6.12% 57,766 0.11
LVS - Las Vegas Sands Corp. Add 5.88% 67,410 0.08
DIS - The Walt Disney Co. Add 3.61% 19,815 0.07
VIPS - Vipshop Holdings Ltd. Add 3.60% 48,640 0.03
ASH - Ashland Inc. Add 2.75% 37,176 0.07
BTI - British American Tobacco p.l.c. Add 2.61% 14,303 0.01
HDB - HDFC Bank Ltd. Add 2.51% 29,446 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. Add 0.41% 4,266 0.00
WRK - Westrock Co Buy 1,022,409 1.05
MDLZ - Mondelez International, Inc. Buy 897,066 1.04
SRE - Sempra Buy 792,620 1.04
DGX - Quest Diagnostics Inc. 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 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. Buy 2,000 0.00
ZTO - ZTO Express (Cayman) Inc. 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 S.A. Reduce 3.20% 274,695 0.09
IBN - ICICI Bank Ltd. Reduce 4.27% 255,716 0.07
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 4.41% 103,433 0.01
CNXC - Concentrix Corp. Reduce 6.05% 46,891 0.09
TSM - Taiwan Semiconductor Reduce 6.37% 322,234 0.67
PKX - Posco Reduce 6.41% 17,326 0.02
BABA - Alibaba Group Holdings Ltd. 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% 162,385 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 Reduce 23.82% 557,516 0.09
NTES - NetEase, 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 Groep N.V. Reduce 34.72% 1,057,194 0.19
AFL - Aflac Inc. Reduce 34.96% 431,708 0.37
MT - ArcelorMittal S.A. 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 43.35% 3,388 0.00
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A 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 & Co. 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, Inc. Sell 100.00% 728,722 0.72
GFI - Gold Fields Ltd. Sell 100.00% 1,640,726 0.29
NBIS - Nebius Group N.V. Sell 100.00% 210,716 0.28
SNX - TD 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
MELI - MercadoLibre, Inc. Add 293.09% 13,189 0.42
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 162.42% 3,681,621 0.77
WIT - Wipro Ltd. Add 160.86% 642,654 0.04
QFIN - Qfin Holdings, Inc. Add 69.74% 167,300 0.04
SNY - Sanofi 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% 228,354 0.16
TTEN - Total S A Add 14.01% 46,438 0.04
KSA - iShares 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 Financial Group, Inc. Add 8.46% 183,075 0.02
VALE - Vale S.A. 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
NTES - NetEase, Inc. Add 0.64% 5,397 0.01
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 Real Estate 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 Ltd. Reduce 1.56% 33,001 0.18
RDY - Dr Reddys Labs Ltd Reduce 1.70% 16,850 0.00
AVGO - Broadcom Inc. Reduce 2.05% 36,430 0.03
SAP - SAP SE Reduce 2.21% 2,517 0.01
NBIS - Nebius Group 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% 95,492 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 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% 763 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 Inc. Reduce 16.29% 262,881 0.35
BBVA - Banco Bilbao Vizcaya Argenta Reduce 16.33% 924,308 0.05
MT - ArcelorMittal S.A. Reduce 16.34% 69,611 0.02
PUK - Prudential plc Reduce 16.75% 78,362 0.04
DIS - The Walt Disney Co. Reduce 16.87% 111,253 0.26
LDOS - Leidos Holdings, Inc. 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 p.l.c. Reduce 19.47% 132,570 0.09
GOOG - Alphabet Inc. Reduce 19.48% 269,140 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 & Co. 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 Groep N.V. 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 p.l.c. Reduce 32.17% 225,273 0.07
BCS - Barclays PLC Reduce 40.38% 1,584,592 0.15
C - Citigroup Inc. Reduce 43.41% 935,993 0.76
VIPS - Vipshop Holdings Ltd. Reduce 46.93% 1,193,909 0.35
JLL - Jones Lang LaSalle Inc. Reduce 49.54% 360,399 0.65
ALK - Alaska Air Group, Inc. Reduce 53.38% 834,374 0.58
SPR - Spirit Aerosystems Hldgs Inc Reduce 61.95% 2,152,224 0.77
DQ - Daqo New Energy Corp Reduce 70.95% 56,554 0.03
BTG - B2Gold Corp. Reduce 74.22% 62,200 0.01
6683 - General Electric Co Reduce 74.58% 11,065,452 1.30
MBT - Mobile Telesystems Pjsc Reduce 89.35% 3,995,612 0.65
SNX - TD SYNNEX Corp. Reduce 90.77% 1,452,471 1.92
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% 639,664 0.30
SNY - Sanofi Add 86.31% 150,423 0.14
WFC - Wells Fargo & Co. 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 - The Walt Disney Co. Add 42.54% 196,846 0.46
EXC - Exelon Corp. Add 35.08% 583,597 0.28
RDY - Dr Reddys Labs Ltd Add 34.58% 253,980 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 Groep N.V. Add 22.99% 805,538 0.11
BP - BP p.l.c. Add 22.78% 129,923 0.04
VALE - Vale S.A. Add 21.03% 1,385,422 0.28
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 11.71% 237,676 0.03
YUMC - Yum China Holdings, Inc. Add 11.45% 107,372 0.11
BABA - Alibaba Group Holdings Ltd. Add 8.67% 168,973 0.93
NTES - NetEase, Inc. Add 7.82% 60,925 0.10
SNPTY - China Pete & Chem Corp Add 7.23% 1,750 0.00
WIT - Wipro Ltd. Add 6.90% 25,800 0.00
BTI - British American Tobacco p.l.c. Add 4.97% 32,228 0.02
BCS - Barclays PLC Add 4.60% 172,502 0.02
TSM - Taiwan Semiconductor Add 3.35% 173,501 0.26
ASH - Ashland 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. Buy 1,381,540 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, Inc. Buy 1,563,096 1.08
COP - ConocoPhillips Buy 1,209,722 0.75
BXP - BXP, Inc. Buy 441,175 0.67
NBIS - Nebius Group N.V. Buy 216,112 0.27
MELI - MercadoLibre, Inc. Buy 4,500 0.09
MOMO - Momo Inc Buy 283,800 0.07
QFIN - Qfin Holdings, 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 S.A. Reduce 1.87% 8,128 0.00
CLS - Celestica Inc. Reduce 2.41% 2,300 0.00
LDOS - Leidos Holdings, Inc. 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 Financial Group, Inc. Reduce 3.58% 80,407 0.01
PUK - Prudential plc Reduce 3.79% 18,419 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 Ltd. 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 - iShares 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% 817,090 0.47
SNX - TD SYNNEX Corp. Reduce 32.63% 775,040 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% 530,979 1.09
DQ - Daqo New Energy Corp Reduce 67.79% 167,715 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% 1,110,928 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., Inc. 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 - PDD Holdings Inc. Sell 100.00% 213,200 0.33
VOD - Vodafone Group Public Ltd. Co. 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 p.l.c. Add 89.67% 269,642 0.11
ING - ING Groep N.V. Add 62.65% 1,349,587 0.17
HDB - HDFC Bank Ltd. Add 43.47% 92,800 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 - Petróleo Brasileiro S.A. - Petrobras CL A Add 12.59% 226,900 0.03
BAP - Credicorp Ltd. Add 11.70% 22,747 0.06
KSA - iShares 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 - The 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 - PDD Holdings Inc. Buy 213,200 0.33
SNY - Sanofi Buy 174,285 0.16
MT - ArcelorMittal S.A. 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 Reduce 0.93% 4,575 0.00
NTES - NetEase, Inc. Reduce 1.64% 13,000 0.01
WFC - Wells Fargo & Co. 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% 52,325 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 S.A. Reduce 10.00% 732,041 0.10
BABA - Alibaba Group Holdings Ltd. 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 Public Ltd. Co. Reduce 11.70% 151,817 0.03
CLS - Celestica Inc. Reduce 11.75% 12,700 0.00
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 11.77% 299,256 0.02
EXC - Exelon Corp. Reduce 11.96% 225,997 0.10
ABBNY - Abb Ltd Reduce 12.98% 209,992 0.06
TSM - Taiwan Semiconductor Reduce 16.88% 1,052,900 0.81
BTI - British American Tobacco p.l.c. 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 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. Reduce 25.25% 126,200 0.00
TAK - Takeda Pharmaceutical Co. Ltd. Reduce 29.12% 632,986 0.15
LDOS - Leidos Holdings, Inc. Reduce 34.09% 611,292 0.91
VIPS - Vipshop Holdings Ltd. Reduce 35.97% 1,549,400 0.39
ASH - Ashland 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% 113,918 0.11
AVGO - Broadcom Inc. Reduce 38.97% 1,654,770 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% 165,500 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% 799,545 0.35
SNX - TD SYNNEX Corp. Reduce 42.67% 1,767,536 1.05
JKS - Jinkosolar Hldg Co Ltd Reduce 44.00% 55,600 0.01
MRK - Merck & Co., Inc. Reduce 44.05% 671,734 0.80
FDX - FedEx Corp. Reduce 44.86% 726,977 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 - Canadian Imperial Bank of Commerce Sell 100.00% 2,813,819 2.64
NCLH - Norwegian Cruise Line Holdings 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 plc 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 plc 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, Inc. Add 15750.00% 787,500 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% 551,500 0.07
INDA - iShares MSCI India ETF Add 201.52% 277,900 0.11
HDB - HDFC Bank Ltd. Add 162.66% 132,200 0.04
DQ - Daqo New Energy Corp Add 76.52% 179,000 0.03
ASH - Ashland Inc. Add 76.19% 1,103,215 0.90
RELX - RELX PLC Add 67.46% 329,546 0.11
ING - ING Groep N.V. 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 Add 32.97% 1,169,342 0.09
FDX - FedEx Corp. Add 31.50% 388,145 0.61
SMFG - Sumitomo Mitsui Financial Group, Inc. 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 Public Ltd. Co. 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. Add 13.64% 60,000 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 & Co. Add 5.09% 91,565 0.04
IBN - ICICI Bank Ltd. Add 3.87% 228,300 0.03
CM - Canadian Imperial Bank of Commerce Add 3.65% 198,236 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 S.A. Add 2.01% 144,443 0.02
BABA - Alibaba Group Holdings Ltd. 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 Ltd. 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 4,246,420 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 Holdings Ltd. Buy 6,630,617 1.18
FCX - Freeport-McMoRan Inc. Buy 6,257,941 0.68
DIS - The 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 plc 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 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% 69,085 0.03
EPI - Wisdomtree Tr Reduce 3.51% 44,900 0.01
CHL - China Mobile Limited Reduce 4.72% 71,326 0.03
SNX - TD SYNNEX Corp. Reduce 5.59% 245,304 0.17
BTI - British American Tobacco p.l.c. Reduce 7.13% 60,147 0.03
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A 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, Inc. 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% 62,051 0.04
MRK - Merck & Co., Inc. Reduce 17.80% 330,191 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 Reduce 29.50% 205,305 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% 1,129,065 0.40
BP - BP p.l.c. Reduce 57.30% 403,575 0.17
LPL - Lg Display Co Ltd Reduce 67.74% 84,213 0.01
AU - AngloGold Ashanti plc 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 Ltd. Sell 100.00% 3,840,304 0.90
ALK - Alaska Air Group, Inc. 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 Banking Group plc 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 MSCI Emerging Markets ETF 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 Ltd. 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 plc Add 32.01% 258,249 0.06
VIPS - Vipshop Holdings Ltd. 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% 14,000 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 p.l.c. Add 7.22% 47,436 0.02
VIV - Telefonica Brasil SA Add 7.17% 212,154 0.03
BABA - Alibaba Group Holdings Ltd. Add 6.98% 138,850 0.32
TSM - Taiwan Semiconductor 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 Groep N.V. 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 1,232,384 1.63
ASH - Ashland Inc. Buy 1,448,021 1.20
EXC - Exelon Corp. Buy 3,018,664 1.06
HWM - Howmet Aerospace Inc. Buy 2,985,944 1.00
WRK - Westrock Co Buy 1,522,348 0.71
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Buy 1,975,223 0.32
MOMO - Momo Inc Buy 742,106 0.27
JOYY - JOYY Inc. Buy 137,863 0.08
EEM - iShares MSCI Emerging Markets ETF Buy 22,000 0.01
VALE - Vale S.A. Reduce 0.24% 17,467 0.00
CM - Canadian Imperial Bank of Commerce Reduce 0.27% 14,968 0.01
MFC - Manulife Financial Corp. Reduce 0.78% 127,277 0.03
SMFG - Sumitomo Mitsui Financial Group, Inc. 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 p.l.c. Reduce 1.09% 9,286 0.00
KSA - iShares 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, Inc. Reduce 3.21% 68,347 0.07
MRK - Merck & Co., Inc. Reduce 3.25% 62,330 0.06
VOD - Vodafone Group Public Ltd. Co. Reduce 3.50% 38,553 0.01
FE - FirstEnergy Corp. Reduce 3.54% 114,198 0.07
WFC - Wells Fargo & Co. 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 - TD SYNNEX Corp. Reduce 4.60% 211,568 0.14
MSFT - Microsoft Corp. Reduce 4.99% 71,046 0.12
SKM - Sk Telecom Ltd Reduce 5.21% 109,195 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 Reduce 18.12% 784,991 0.07
AVVIY - Astrazeneca Plc Reduce 18.19% 79,148 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 Reduce 27.92% 269,619 0.11
GIL - Gildan Activewear Inc. Reduce 50.68% 5,383,532 2.30
LYG - Lloyds Banking Group plc Reduce 53.83% 3,144,644 0.10
ALK - Alaska Air Group, Inc. Reduce 67.37% 2,300,443 1.80
GGB - Gerdau S.A. Reduce 96.50% 371,422 0.01
ZBH - Zimmer Biomet Holdings, Inc. Sell 100.00% 1,009,417 1.67
VIAB - Viacom Inc New Sell 100.00% 5,601,770 1.62
MDLZ - Mondelez International, Inc. 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 Ltd. Add 1018.48% 3,089,052 0.33
KSA - iShares MSCI Saudi Arabia ETF Add 109.91% 156,068 0.05
LYG - Lloyds Banking Group plc 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% 25,165 0.00
ORCL - Oracle Corp. Add 8.35% 323,254 0.21
SNX - TD SYNNEX Corp. Add 7.74% 330,522 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., Inc. Add 3.95% 72,867 0.07
BIDU - Baidu, Inc. Add 3.66% 194,308 0.24
VOD - Vodafone Group Public Ltd. Co. 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 Add 0.64% 6,140 0.00
BRX - Brixmor Property Group Inc. Buy 3,779,232 0.92
AU - AngloGold Ashanti plc 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% 5,679 0.00
PKX - Posco Reduce 0.49% 1,700 0.00
WFC - Wells Fargo & Co. Reduce 0.58% 10,914 0.01
TAK - Takeda Pharmaceutical Co. Ltd. Reduce 0.76% 19,240 0.00
LDOS - Leidos Holdings, Inc. Reduce 1.05% 22,545 0.02
CM - Canadian Imperial Bank of Commerce Reduce 1.07% 58,934 0.03
MSFT - Microsoft Corp. Reduce 1.16% 16,652 0.02
SIG - Signet Jewelers Ltd. Reduce 1.55% 39,971 0.01
BABA - Alibaba Group Holdings Ltd. 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 Groep N.V. Reduce 3.78% 50,776 0.01
IBN - ICICI Bank Ltd. Reduce 4.64% 298,365 0.04
SMFG - Sumitomo Mitsui Financial Group, Inc. 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 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 p.l.c. Reduce 7.29% 51,665 0.02
ZBH - Zimmer Biomet Holdings, Inc. Reduce 8.70% 99,135 0.12
TSM - Taiwan Semiconductor 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 S.A. Reduce 11.90% 971,528 0.14
BTI - British American Tobacco p.l.c. 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, Inc. 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% 211,351 0.13
RELX - RELX PLC Reduce 38.05% 151,594 0.04
MDLZ - Mondelez International, Inc. 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% 11,596,605 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% 80,400 0.01
SNX - TD SYNNEX Corp. Add 43.19% 1,287,746 0.70
MPC - Marathon Petroleum Corp. Add 31.36% 964,519 0.59
ING - ING Groep N.V. Add 30.62% 314,672 0.04
BCS - Barclays PLC Add 21.82% 834,196 0.07
FE - FirstEnergy Corp. Add 20.28% 638,636 0.30
AVVIY - Astrazeneca Plc Add 19.58% 105,832 0.06
TSM - Taiwan Semiconductor 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, Inc. Add 5.43% 58,702 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 p.l.c. Add 3.18% 30,116 0.01
LYG - Lloyds Banking Group plc 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 Financial Group, Inc. Add 2.45% 50,233 0.00
BP - BP p.l.c. Add 2.41% 16,671 0.01
BABA - Alibaba Group Holdings Ltd. 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 & Co. Add 1.58% 29,244 0.02
MRK - Merck & Co., Inc. Add 0.98% 17,906 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 - iShares MSCI Saudi Arabia ETF Buy 142,000 0.05
JKS - Jinkosolar Hldg Co Ltd Buy 127,059 0.03
VIPS - Vipshop Holdings Ltd. 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 S.A. Reduce 0.90% 74,395 0.01
CM - Canadian Imperial Bank of Commerce Reduce 1.27% 70,548 0.03
HAL - Halliburton Co. Reduce 1.91% 180,244 0.05
RES - RPC, Inc. Reduce 2.58% 190,564 0.02
SIG - Signet Jewelers Ltd. 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% 5,940 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% 84,458 0.03
GIL - Gildan Activewear Inc. Reduce 4.40% 660,523 0.24
ALK - Alaska Air Group, Inc. Reduce 4.51% 195,438 0.11
LDOS - Leidos Holdings, Inc. Reduce 5.24% 118,974 0.08
PUK - Prudential plc Reduce 5.94% 60,545 0.02
VOD - Vodafone Group Public Ltd. Co. Reduce 7.08% 80,995 0.01
GGB - Gerdau S.A. Reduce 11.52% 1,560,215 0.05
FLS - Flowserve Corp. Reduce 11.84% 426,147 0.20
NVS - Novartis AG Reduce 12.10% 38,188 0.03
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, Inc. 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 MSCI Emerging Markets ETF Sell 100.00% 969,437 0.42
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A 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 plc 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. Add 69.16% 179,846 0.00
VOD - Vodafone Group Public Ltd. Co. Add 42.92% 343,743 0.06
ALK - Alaska Air Group, Inc. 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 Ltd. Add 16.26% 276,852 0.51
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 13.30% 240,568 0.02
ING - ING Groep N.V. Add 11.90% 109,253 0.01
RDS.B - Royal Dutch Shell Plc Add 9.27% 46,825 0.03
BCS - Barclays PLC 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 p.l.c. Add 5.30% 34,821 0.02
SKM - Sk Telecom Ltd Add 2.97% 62,996 0.03
LYG - Lloyds Banking Group plc Add 2.88% 119,656 0.00
SNX - TD SYNNEX Corp. Add 2.25% 65,624 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 p.l.c. Add 1.21% 11,382 0.00
CHL - China Mobile Limited Add 0.76% 11,888 0.01
TSM - Taiwan Semiconductor Add 0.52% 31,403 0.01
LDOS - Leidos Holdings, Inc. 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., Inc. Buy 1,826,632 1.47
EEM - iShares MSCI Emerging Markets ETF Buy 969,437 0.42
GGB - Gerdau S.A. Buy 13,541,724 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 - Canadian Imperial Bank of Commerce Reduce 2.31% 131,626 0.06
PUK - Prudential plc Reduce 2.92% 30,636 0.01
AVVIY - Astrazeneca Plc Reduce 3.30% 18,472 0.01
NVS - Novartis AG Reduce 3.44% 11,224 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 Ltd. Reduce 18.51% 600,059 0.23
ZBH - Zimmer Biomet Holdings, Inc. Reduce 20.28% 274,794 0.34
ORCL - Oracle Corp. Reduce 20.46% 1,423,648 0.78
WFC - Wells Fargo & Co. Reduce 20.61% 480,936 0.27
VALE - Vale S.A. Reduce 20.98% 2,186,931 0.35
MDLZ - Mondelez International, Inc. 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 plc 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, Inc. 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 and 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. Sell 100.00% 32 0.00
Q4 2018
73HK - Ryanair Hldgs Plc Add 3659933.33% 219,596 0.27
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 20100.51% 2,090,252 0.30
INFY - Infosys Ltd. Add 1147.74% 3,388,500 0.40
TTM-OLD - Tata Mtrs Ltd Add 266.50% 157,244 0.02
CM - Canadian Imperial Bank of Commerce Add 129.50% 3,219,470 1.46
ING - ING Groep N.V. 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 Add 22.02% 189,594 0.08
LDOS - Leidos Holdings, Inc. 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 & Co. Add 11.34% 237,745 0.13
SIG - Signet Jewelers Ltd. Add 11.18% 325,884 0.13
BTI - British American Tobacco p.l.c. Add 9.91% 84,511 0.03
VALE - Vale S.A. Add 9.88% 937,306 0.15
RES - RPC, Inc. Add 9.44% 604,965 0.07
ZBH - Zimmer Biomet Holdings, Inc. Add 8.50% 106,091 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, Inc. 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% 2,520 0.00
LYG - Lloyds Banking Group plc Add 0.92% 38,040 0.00
ALK - Alaska Air Group, Inc. Buy 3,165,808 2.34
MPC - Marathon Petroleum Corp. Buy 2,270,550 1.63
SNX - TD SYNNEX Corp. Buy 2,915,798 1.43
FDX - FedEx Corp. Buy 411,322 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 Public Ltd. Co. 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 Ltd. Reduce 5.17% 92,849 0.16
AMALV - Arcelormittal SA Luxembourg Reduce 6.61% 30 0.00
BP - BP p.l.c. Reduce 7.06% 49,904 0.02
TSM - Taiwan Semiconductor Reduce 7.24% 470,772 0.22
SKM - Sk Telecom Ltd Reduce 8.71% 202,694 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 Financial Group, Inc. Reduce 12.11% 249,310 0.02
BCS - Barclays PLC 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% 122,981 0.07
AP47 - Glaxosmithkline Plc Reduce 27.02% 105,389 0.05
NVS - Novartis AG Reduce 34.96% 175,596 0.15
SBS - Companhia De SAneamento Basi Reduce 35.64% 85,220 0.00
FE - FirstEnergy Corp. Reduce 38.59% 2,791,516 1.12
AAP - Advance Auto Parts, Inc. 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. Reduce 98.04% 1,600 0.00
DEO - Diageo plc Reduce 99.90% 119,081 0.18
LLY - Eli Lilly and 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 MSCI Emerging Markets ETF 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 Group 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. Add 159.91% 160,000 0.01
VWO - Vanguard Emerging Markets Stock Index Fund Add 154.17% 499,501 0.22
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, Inc. 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% 11,208 0.00
PUK - Prudential plc Add 17.15% 126,038 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 p.l.c. Add 12.16% 92,417 0.05
BCS - Barclays PLC Add 11.63% 422,670 0.04
INFY - Infosys Ltd. Add 10.41% 27,832 0.00
WFC - Wells Fargo & Co. Add 8.67% 167,127 0.09
TSM - Taiwan Semiconductor Add 8.48% 508,295 0.24
BAC - Bank of America Corp. Add 7.04% 504,727 0.16
VALE - Vale S.A. Add 5.92% 530,361 0.08
MBT - Mobile Telesystems Pjsc Add 4.88% 280,189 0.03
MDLZ - Mondelez International, Inc. 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, Inc. Add 2.07% 25,337 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 Public Ltd. Co. Add 1.66% 13,365 0.00
LYG - Lloyds Banking Group plc 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 plc Add 0.68% 806 0.00
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 0.48% 9,896 0.00
C - Citigroup Inc. Add 0.30% 14,646 0.01
AVVIY - Astrazeneca Plc Add 0.28% 1,904 0.00
GIL - Gildan Activewear Inc. Add 0.07% 11,151 0.00
BABA - Alibaba Group Holdings Ltd. 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 p.l.c. Reduce 0.14% 975 0.00
ING - ING Groep N.V. 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% 47,501 0.02
NVS - Novartis AG Reduce 2.56% 13,203 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 Ltd. 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, Inc. Reduce 23.93% 538,409 0.82
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 32.03% 4,900 0.00
DQ - Daqo New Energy Corp Reduce 42.69% 112,500 0.01
LPL - Lg Display Co Ltd Reduce 44.51% 110,693 0.01
LLY - Eli Lilly and Co. Reduce 59.54% 1,629,986 1.55
KEP - Korea Electric Pwr Reduce 66.13% 63,500 0.01
CM - Canadian Imperial Bank of Commerce Reduce 73.80% 7,001,272 0.99
SBS - Companhia De SAneamento Basi Reduce 96.96% 7,638,485 0.11
EEM - iShares MSCI Emerging Markets ETF Reduce 98.40% 704,380 0.34
PTRCY - Petrochina Co Ltd Reduce 98.68% 254,000 0.01
HTHT - H World Group Ltd. Reduce 99.56% 367,248 0.21
SM - SM Energy Co. Reduce 100.00% 6,257,760 1.79
UNH - UnitedHealth Group Inc. Sell 100.00% 457,740 1.25
KB - KB Financial Group Inc. Sell 100.00% 39,560 0.02
SHG - Shinhan Financial Group Co., Ltd. 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 - Paymentus Holdings, Inc. Sell 100.00% 188 0.00
Q2 2018
PTRCY - Petrochina Co Ltd Add 7455.24% 254,000 0.01
EEM - iShares MSCI Emerging Markets ETF Add 587.58% 611,695 0.30
CUK - Carnival Plc Add 320.13% 233,524 0.15
CM - Canadian Imperial Bank of Commerce Add 270.14% 6,924,148 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, Inc. Add 46.63% 1,277,832 0.59
PUK - Prudential plc Add 40.31% 211,176 0.10
DQ - Daqo New Energy Corp Add 35.82% 69,500 0.01
ING - ING Groep N.V. 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% 370,116 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 Financial Group, Inc. Add 13.52% 243,917 0.02
NVS - Novartis AG Add 12.38% 56,788 0.04
LYG - Lloyds Banking Group plc 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 & Co. Add 7.35% 132,043 0.08
EPI - Wisdomtree Tr Add 6.65% 76,565 0.02
AAP - Advance Auto Parts, Inc. 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 S.A. Add 5.16% 439,842 0.06
SIG - Signet Jewelers Ltd. Add 4.84% 143,437 0.09
QCOM - QUALCOMM Inc. Add 4.03% 126,851 0.08
VOD - Vodafone Group Public Ltd. Co. Add 3.15% 24,606 0.01
SAP - SAP SE Add 2.75% 5,210 0.01
DEO - Diageo plc Add 2.12% 2,460 0.00
AVVIY - Astrazeneca Plc Add 1.70% 11,388 0.01
MBT - Mobile Telesystems Pjsc Add 0.41% 23,700 0.00
BTI - British American Tobacco p.l.c. Add 0.06% 424 0.00
D - Dominion Energy, Inc. Buy 2,222,510 1.69
ZBH - Zimmer Biomet Holdings, Inc. Buy 1,223,499 1.48
LDOS - Leidos Holdings, Inc. Buy 949,949 0.63
HTHT - H World Group Ltd. Buy 368,880 0.21
INDA - iShares MSCI India ETF Buy 572,000 0.21
KB - KB Financial Group Inc. Buy 39,560 0.02
ASHR - Dbx Etf Tr Buy 34,000 0.01
SHG - Shinhan Financial Group Co., Ltd. Buy 28,375 0.01
IBN - ICICI Bank Ltd. Reduce 0.48% 24,863 0.00
BCS - Barclays PLC Reduce 1.14% 41,789 0.01
BABA - Alibaba Group Holdings Ltd. 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 Reduce 11.60% 787,181 0.41
ECA - Encana Corp Reduce 15.76% 10,339,246 1.36
UNH - UnitedHealth Group Inc. Reduce 20.08% 115,012 0.30
BP - BP p.l.c. Reduce 21.06% 188,846 0.09
MSFT - Microsoft Corp. Reduce 24.62% 802,841 0.88
LLY - Eli Lilly and 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% 3,502,860 0.09
KEP - Korea Electric Pwr Reduce 42.17% 70,015 0.01
WIT - Wipro Ltd. Reduce 43.85% 78,146 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 - Petróleo Brasileiro S.A. - Petrobras CL A 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 - Paymentus Holdings, 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 Add 35.67% 137,754 0.08
SBS - Companhia De SAneamento Basi Add 32.04% 2,761,625 0.07
0YYA - Yy Inc Add 31.18% 149,434 0.19
VALE - Vale S.A. Add 30.44% 1,987,925 0.30
BTI - British American Tobacco p.l.c. Add 29.99% 175,246 0.12
LLY - Eli Lilly and Co. Add 28.68% 825,928 0.76
ING - ING Groep N.V. Add 27.09% 90,982 0.02
TSM - Taiwan Semiconductor Add 23.93% 1,309,782 0.69
NVS - Novartis AG Add 21.71% 81,842 0.07
BP - BP p.l.c. 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 Public Ltd. Co. 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% 156,794 0.08
AVVIY - Astrazeneca Plc Add 8.08% 49,980 0.03
DEO - Diageo plc 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 - Paymentus Holdings, 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, Inc. Add 3.33% 68,264 0.10
SIG - Signet Jewelers Ltd. 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 Add 1.33% 48,189 0.01
GIL - Gildan Activewear Inc. Add 0.79% 114,443 0.04
MDLZ - Mondelez International, Inc. Buy 2,740,323 1.37
WFC - Wells Fargo & Co. Buy 1,796,480 1.13
ANDV - Andeavor Buy 418,814 0.50
DQ - Daqo New Energy Corp Buy 194,000 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 Ltd. Reduce 9.56% 193,948 0.40
IBN - ICICI Bank Ltd. Reduce 13.50% 804,573 0.09
CM - Canadian Imperial Bank of Commerce Reduce 14.12% 421,368 0.24
LYG - Lloyds Banking Group plc Reduce 14.16% 605,409 0.03
PDCE - Pdc Energy Inc Reduce 15.87% 758,202 0.47
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 20.03% 451,917 0.05
VWO - Vanguard Emerging Markets Stock Index Fund Reduce 29.20% 449,213 0.25
UNH - UnitedHealth Group Inc. Reduce 33.05% 282,698 0.74
UBS - UBS Group 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% 216,630 0.02
EPI - Wisdomtree Tr Reduce 49.14% 1,112,879 0.37
RDY - Dr Reddys Labs Ltd Reduce 55.02% 264,215 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% 109,736 0.03
CUK - Carnival Plc Reduce 74.43% 212,296 0.17
EEM - iShares MSCI Emerging Markets ETF Reduce 86.26% 653,826 0.37
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 94.88% 1,147,887 0.13
CL4A - China Lodging Group Ltd Reduce 96.43% 33,653 0.06
NTES - NetEase, Inc. Reduce 98.63% 360,455 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 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 - Canadian Imperial Bank of Commerce Add 200.73% 1,992,080 1.15
WIT - Wipro Ltd. Add 111.14% 93,800 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% 108,600 0.01
VEDL - Vedanta Ltd Add 18.40% 9,800 0.00
BCS - Barclays PLC 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% 30,386 0.03
BTI - British American Tobacco p.l.c. Add 8.56% 46,058 0.04
GIL - Gildan Activewear Inc. Add 6.80% 922,009 0.36
ING - ING Groep N.V. Add 6.46% 20,366 0.00
PUK - Prudential plc Add 6.18% 22,469 0.01
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 5.91% 125,877 0.01
BP - BP p.l.c. 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% 27,862 0.02
SIG - Signet Jewelers Ltd. Add 4.38% 120,375 0.08
DEO - Diageo plc Add 4.07% 4,201 0.01
VOD - Vodafone Group Public Ltd. Co. 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% 54,582 0.03
MOMO - Momo Inc Add 2.73% 14,300 0.00
AAP - Advance Auto Parts, Inc. Add 1.81% 36,505 0.04
LYG - Lloyds Banking Group plc 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 MSCI Emerging Markets ETF 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% 50,500 0.00
SABR - Sabre Corp. Reduce 0.73% 79,493 0.02
TSM - Taiwan Semiconductor Reduce 0.74% 40,700 0.02
BIDU - Baidu, Inc. Reduce 0.84% 30,380 0.10
PAY - Paymentus Holdings, 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 - UnitedHealth Group Inc. Reduce 3.72% 33,059 0.04
MSFT - Microsoft Corp. Reduce 3.95% 147,051 0.14
BABA - Alibaba Group Holdings Ltd. Reduce 4.05% 85,682 0.19
LLY - Eli Lilly and 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% 7,600 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 S.A. 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
VWO - Vanguard Emerging Markets Stock Index Fund Reduce 26.05% 541,855 0.30
UBS - UBS Group AG Reduce 28.65% 245 0.00
CEO - Cnooc Ltd Reduce 34.25% 53,703 0.09
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 35.75% 673,340 0.08
SNY - Sanofi Reduce 37.22% 214 0.00
NTES - NetEase, Inc. Reduce 39.79% 241,500 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
AVVIY - Astrazeneca Plc Add 87.40% 275,576 0.15
SABR - Sabre Corp. Add 60.23% 4,097,559 0.94
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 57.96% 781,851 0.08
VWO - Vanguard Emerging Markets Stock Index Fund Add 43.49% 630,439 0.35
BP - BP p.l.c. Add 35.75% 184,426 0.09
AP47 - Glaxosmithkline Plc Add 29.61% 125,863 0.06
BTI - British American Tobacco p.l.c. Add 27.18% 115,041 0.09
VALE - Vale S.A. 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, Inc. Add 19.02% 321,999 0.40
BCS - Barclays PLC Add 18.45% 481,768 0.06
BABA - Alibaba Group Holdings Ltd. 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 Public Ltd. Co. 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 Banking Group plc 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 plc 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% 46,745 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% 84,500 0.00
VIAB - Viacom Inc New Buy 3,827,203 1.35
CM - Canadian Imperial Bank of Commerce Buy 992,420 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
TAL - TAL Education Group Reduce 2.28% 3,500 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 Ltd. Reduce 6.31% 185,123 0.16
PAY - Paymentus Holdings, Inc. Reduce 7.12% 628,288 0.16
CSRA - Csra Inc Reduce 7.65% 475,661 0.21
LLY - Eli Lilly and 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
ARCH - Arch Coal Inc Reduce 10.91% 118,930 0.11
TSM - Taiwan Semiconductor Reduce 11.51% 716,900 0.35
NVS - Novartis AG Reduce 15.85% 65,277 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 Reduce 22.33% 104,555 0.06
UNH - UnitedHealth 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% 82,000 0.03
BBL - Bhp Billiton Plc Reduce 34.57% 105,366 0.04
ING - ING Groep N.V. Reduce 35.46% 173,311 0.04
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 37.08% 1,110,000 0.11
INFY - Infosys Ltd. Reduce 48.28% 350,400 0.04
RDY - Dr Reddys Labs Ltd Reduce 49.06% 462,500 0.05
NTES - NetEase, Inc. Reduce 54.92% 739,500 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 Reduce 99.41% 96,461 0.06
Q2 2017
VWO - Vanguard Emerging Markets Stock Index Fund Add 1832.17% 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
BCS - Barclays PLC 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 and Co. Add 35.88% 863,319 0.98
AP47 - Glaxosmithkline Plc Add 34.72% 109,532 0.06
VOD - Vodafone Group Public Ltd. Co. Add 28.88% 133,260 0.05
SIG - Signet Jewelers Ltd. Add 20.29% 495,011 0.43
AAP - Advance Auto Parts, Inc. 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 Financial Group, Inc. 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 - Paymentus Holdings, 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% 34,437 0.04
CEO - Cnooc Ltd Add 8.94% 11,646 0.02
DEO - Diageo plc Add 5.90% 5,551 0.01
ING - ING Groep N.V. Add 5.17% 24,016 0.01
SAP - SAP SE Add 4.75% 7,089 0.01
BTI - British American Tobacco p.l.c. 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% 29,362 0.02
ORCL - Oracle Corp. Add 1.65% 103,673 0.07
BABA - Alibaba Group Holdings Ltd. Add 1.59% 28,600 0.06
JKS - Jinkosolar Hldg Co Ltd Add 1.44% 300 0.00
UNH - UnitedHealth 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 p.l.c. Buy 515,839 0.25
BBL - Bhp Billiton Plc Buy 304,758 0.13
SBS - Companhia De SAneamento Basi Reduce 0.81% 70,000 0.00
EPI - Wisdomtree Tr Reduce 1.92% 48,418 0.02
HDB - HDFC Bank Ltd. Reduce 2.15% 5,600 0.00
KT - KT Corp. Reduce 3.43% 2,600 0.00
RDY - Dr Reddys Labs Ltd Reduce 4.72% 46,715 0.01
KEP - Korea Electric Pwr Reduce 6.89% 18,600 0.01
TSM - Taiwan Semiconductor 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 Banking Group plc Reduce 7.60% 327,552 0.02
ABBNY - Abb Ltd Reduce 7.84% 95,983 0.03
SNPTY - China Pete & Chem Corp Reduce 11.57% 6,100 0.01
CUK - Carnival Plc Reduce 12.59% 36,732 0.03
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 12.95% 445,100 0.06
VALE - Vale S.A. Reduce 14.99% 1,090,700 0.15
NTES - NetEase, Inc. Reduce 16.75% 271,000 0.23
IBN - ICICI Bank Ltd. Reduce 19.11% 1,400,991 0.17
PUK - Prudential plc Reduce 20.39% 119,916 0.07
TAL - TAL Education Group Reduce 20.50% 39,600 0.01
TTM-OLD - Tata Mtrs Ltd Reduce 35.50% 479,400 0.26
AVVIY - Astrazeneca Plc Reduce 43.56% 243,356 0.15
AMALV - Arcelormittal SA Luxembourg Reduce 62.97% 552,660 0.07
RENX - Relx NV Reduce 66.67% 2 0.00
SNY - Sanofi Reduce 68.25% 208,584 0.14
INFY - Infosys Ltd. Reduce 75.61% 2,250,600 0.27
TTEN - Total S A Reduce 99.69% 171,878 0.13
UBS - UBS Group AG Reduce 99.78% 379,943 0.09
PVH - PVH Corp. Sell 100.00% 963,579 1.72
CCL - Carnival Corp. Ltd. Sell 100.00% 217,578 0.22
FMX - Fomento Económico Mexicano, S.A.B. de C.V. 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
SIG - Signet Jewelers Ltd. Add 61.34% 927,355 1.11
PDCE - Pdc Energy Inc Add 54.09% 1,154,136 1.24
AAP - Advance Auto Parts, Inc. 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% 167,542 0.10
HAL - Halliburton Co. Add 37.32% 606,528 0.51
0YYA - Yy Inc Add 33.23% 106,400 0.07
VALE - Vale S.A. 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 - UnitedHealth 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 - Paymentus Holdings, Inc. Add 11.51% 823,780 0.27
BABA - Alibaba Group Holdings Ltd. 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 Public Ltd. Co. Add 6.63% 28,689 0.01
NVS - Novartis AG Add 6.33% 22,466 0.02
PUK - Prudential plc Add 5.08% 28,436 0.02
LYG - Lloyds Banking Group plc 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 Add 3.74% 54,505 0.01
DEO - Diageo plc Add 2.92% 2,666 0.00
IBN - ICICI Bank Ltd. Add 2.83% 201,630 0.02
CEO - Cnooc Ltd Add 2.10% 2,681 0.00
CUK - Carnival Plc Add 1.52% 4,363 0.00
ING - ING Groep N.V. Add 0.83% 3,846 0.00
UBS - UBS Group 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 8,654,860 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
BTI - British American Tobacco p.l.c. Reduce 3.34% 14,026 0.01
SKM - Sk Telecom Ltd Reduce 4.72% 85,073 0.05
TSM - Taiwan Semiconductor Reduce 4.84% 341,100 0.17
SAP - SAP SE Reduce 5.29% 8,342 0.01
INFY - Infosys Ltd. Reduce 7.05% 225,600 0.03
RDY - Dr Reddys Labs Ltd Reduce 9.20% 100,285 0.02
TAL - TAL Education Group Reduce 12.02% 26,400 0.01
SNY - Sanofi Reduce 13.38% 47,221 0.03
EPI - Wisdomtree Tr Reduce 14.68% 435,100 0.15
NTES - NetEase, Inc. Reduce 20.91% 427,500 0.33
LLY - Eli Lilly and 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 - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 26.33% 1,229,000 0.19
SMFG - Sumitomo Mitsui Financial Group, Inc. 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% 468,000 0.12
FMX - Fomento Económico Mexicano, S.A.B. de C.V. 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. Ltd. Reduce 93.19% 2,977,645 3.21
VEDL - Vedanta Ltd Reduce 98.99% 4,788,442 0.28
RENX - Relx NV Reduce 99.69% 952 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 MSCI Emerging Markets ETF 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 - The Allstate Corp. Sell 100.00% 30 0.00
CAB - Cabela's Inc Sell 100.00% 19 0.00
Q4 2016
VEDL - Vedanta Ltd Add 9757.40% 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 and Co. Add 34.05% 787,752 1.20
PUK - Prudential plc Add 33.17% 139,415 0.09
AAP - Advance Auto Parts, Inc. Add 25.20% 197,328 0.69
NTES - NetEase, Inc. Add 23.68% 391,500 0.30
EWT - iShares MSCI Taiwan ETF Add 22.71% 7,700 0.00
HDB - HDFC Bank Ltd. Add 17.69% 109,600 0.03
PVH - PVH Corp. Add 14.28% 192,702 0.36
RDY - Dr Reddys Labs Ltd Add 13.78% 132,000 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 Ltd. Add 11.17% 166,370 0.26
QCOM - QUALCOMM Inc. Add 10.93% 334,143 0.45
PAY - Paymentus Holdings, 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% 589,930 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 Add 7.30% 479,400 0.25
SIG - Signet Jewelers Ltd. 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% 152,200 0.02
CCL - Carnival Corp. Ltd. Add 4.86% 148,118 0.16
SNPTY - China Pete & Chem Corp Add 4.51% 2,290 0.00
UNH - UnitedHealth Group Inc. Add 4.03% 40,501 0.13
BTI - British American Tobacco p.l.c. Add 3.58% 14,500 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 Public Ltd. Co. 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 MSCI Emerging Markets ETF Buy 288,172 0.18
IEMG - iShares Core MSCI Emerging Markets ETF Buy 112,900 0.08
TAL - TAL Education Group Buy 219,600 0.05
IMO - Imperial Oil Ltd. Buy 2 0.00
NVS - Novartis AG Reduce 1.01% 3,616 0.00
C - Citigroup Inc. Reduce 1.74% 100,709 0.10
SKM - Sk Telecom Ltd Reduce 4.49% 84,777 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 Financial Group, Inc. 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 Group AG Reduce 8.03% 33,063 0.01
AP47 - Glaxosmithkline Plc Reduce 10.04% 32,859 0.03
SNY - Sanofi Reduce 10.56% 41,666 0.03
VALE - Vale S.A. Reduce 12.29% 806,200 0.07
JASO - Ja Solar Holdings Co Ltd Reduce 12.48% 24,560 0.00
LYG - Lloyds Banking Group plc Reduce 13.67% 652,471 0.03
CSX - CSX Corp. Reduce 14.04% 2,149,113 0.46
TTEN - Total S A Reduce 18.86% 100,313 0.09
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 23.63% 1,444,373 0.22
DEO - Diageo plc Reduce 24.00% 28,885 0.06
BCS - Barclays PLC Reduce 36.71% 844,591 0.14
HAL - Halliburton Co. Reduce 37.59% 978,787 0.91
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 42.78% 714 0.09
ING - ING Groep N.V. 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% 1,102,879 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 - The Allstate Corp. Reduce 100.00% 1,051,053 1.51
PRU - Prudential Financial, 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 Ltd. Add 84.75% 683,289 1.35
PKX - Posco Add 51.21% 114,357 0.11
VALE - Vale S.A. Add 50.44% 2,199,202 0.19
HAL - Halliburton Co. Add 49.94% 867,404 0.81
ING - ING Groep N.V. 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 - Petróleo Brasileiro S.A. - Petrobras CL A 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% 99,336 0.03
AAP - Advance Auto Parts, Inc. Add 18.50% 122,235 0.38
TTM-OLD - Tata Mtrs Ltd Add 18.15% 265,209 0.20
PUK - Prudential plc Add 15.25% 55,616 0.04
CCL - Carnival Corp. Ltd. Add 15.22% 402,427 0.41
TSM - Taiwan Semiconductor Add 13.73% 792,812 0.45
IBN - ICICI Bank Ltd. Add 13.04% 754,312 0.09
PDCE - Pdc Energy Inc Add 11.64% 197,127 0.27
LYG - Lloyds Banking Group plc 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% 117,708 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 - UnitedHealth Group Inc. Add 4.21% 40,607 0.12
ORCL - Oracle Corp. Add 3.71% 195,998 0.16
LLY - Eli Lilly and Co. Add 3.60% 80,488 0.13
NTES - NetEase, Inc. Add 3.41% 54,455 0.05
KEP - Korea Electric Pwr Add 3.32% 7,300 0.00
BCS - Barclays PLC 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 Group AG Add 1.03% 4,190 0.00
NVS - Novartis AG Add 0.60% 2,128 0.00
CEO - Cnooc Ltd Add 0.19% 263 0.00
SNY - Sanofi Add 0.18% 726 0.00
VOD - Vodafone Group Public Ltd. Co. Add 0.02% 102 0.00
ECA - Encana Corp Buy 22,018,772 4.26
CSX - CSX Corp. Buy 15,302,238 3.24
CSRA - Csra Inc Buy 4,523,786 2.53
SIG - Signet Jewelers Ltd. Buy 1,418,450 2.20
PAY - Paymentus Holdings, 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 33,900 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% 6,563 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 p.l.c. Reduce 12.11% 55,806 0.08
DEO - Diageo plc 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 Financial, 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% 515,285 0.11
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 35.47% 983,989 0.12
ALL - The Allstate Corp. Reduce 45.17% 866,041 1.49
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Reduce 47.52% 80,400 0.16
RENX - Relx NV Reduce 47.83% 1,530 0.22
INFY - Infosys Ltd. Reduce 49.02% 2,932,370 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 & Co. Sell 100.00% 1,701,720 1.98
UAL - United Airlines Holdings, Inc. Sell 100.00% 1,564,602 1.58
SNX - TD SYNNEX Corp. Sell 100.00% 191,746 0.45
Q2 2016
VALE - Vale S.A. Add 55796.15% 4,352,100 0.38
CHT - Chunghwa Telecom Co Ltd Add 22087.10% 6,847,000 0.56
SNPTY - China Pete & Chem Corp Add 3093.46% 1,376,900 0.09
VEDL - Vedanta Ltd Add 934.53% 458,620 0.03
HDB - HDFC Bank Ltd. Add 827.63% 464,000 0.17
LLY - Eli Lilly and 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, Inc. Add 22.34% 120,633 0.48
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 17.43% 411,715 0.05
ALL - The Allstate Corp. Add 9.87% 172,153 0.30
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 9.48% 441,100 0.06
CCL - Carnival Corp. Ltd. 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 plc Add 2.99% 4,112 0.01
PVH - PVH Corp. Add 2.83% 47,044 0.11
PRU - Prudential Financial, Inc. Add 2.62% 51,573 0.09
ING - ING Groep N.V. Add 1.20% 6,557 0.00
BTI - British American Tobacco p.l.c. Add 0.94% 4,278 0.01
NVS - Novartis AG Add 0.94% 3,336 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 Add 0.55% 2,168 0.00
VOD - Vodafone Group Public Ltd. Co. 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 Buy 364,693 0.26
PKX - Posco Buy 223,300 0.21
GLIN - Vaneck Vectors Etf Tr Buy 6,800 0.01
LYG - Lloyds Banking Group plc Reduce 0.11% 4,632 0.00
TSM - Taiwan Semiconductor Reduce 0.29% 16,600 0.01
AVVIY - Aviva Plc Reduce 0.81% 11,214 0.00
SKM - Sk Telecom Ltd Reduce 0.92% 17,486 0.01
BCS - Barclays PLC 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% 174,600 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 Ltd. Reduce 11.58% 105,600 0.20
NTES - NetEase, Inc. Reduce 11.80% 214,000 0.14
EPI - Wisdomtree Tr Reduce 12.00% 594,500 0.27
UNH - UnitedHealth Group Inc. Reduce 12.26% 134,796 0.47
RENX - Relx NV Reduce 13.09% 482 0.07
LPL - Lg Display Co Ltd Reduce 14.06% 28,547 0.01
IBN - ICICI Bank Ltd. Reduce 14.87% 1,010,790 0.15
WFC - Wells Fargo & Co. 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% 428,000 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 Group AG Reduce 43.81% 317,551 0.13
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Reduce 48.60% 160,000 0.36
SM - SM Energy Co. Reduce 50.10% 2,114,732 1.07
SNX - TD SYNNEX Corp. Reduce 53.83% 447,028 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 International Ltd. Sell 100.00% 67,000 0.02
Q1 2016
BABA - Alibaba Group Holdings Ltd. Add 132.01% 518,800 0.96
INFY - Infosys Ltd. Add 117.34% 3,324,000 0.73
IBN - ICICI Bank Ltd. Add 51.56% 2,312,090 0.35
TSM - Taiwan Semiconductor Add 38.84% 1,619,900 0.99
NTES - NetEase, Inc. Add 37.14% 491,000 0.33
TTM-OLD - Tata Mtrs Ltd Add 37.01% 361,700 0.25
BCS - Barclays PLC Add 36.49% 611,091 0.14
LLY - Eli Lilly and Co. Add 30.79% 382,237 0.74
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A 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 Financial, Inc. Add 19.35% 319,273 0.62
AUOTY - Au Optronics Corp Add 16.81% 119,100 0.01
CCL - Carnival Corp. Ltd. Add 16.41% 340,616 0.48
LPL - Lg Display Co Ltd Add 14.68% 26,000 0.01
ALL - The Allstate Corp. Add 13.19% 203,281 0.37
NVS - Novartis AG Add 12.30% 38,672 0.06
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 12.18% 256,580 0.04
SM - SM Energy Co. Add 10.04% 384,956 0.20
WFC - Wells Fargo & Co. 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, Inc. Add 3.55% 18,522 0.08
RDY - Dr Reddys Labs Ltd Add 1.63% 30,500 0.01
JASO - Ja Solar Holdings Co Ltd Add 0.73% 12,000 0.00
AVVIY - Aviva Plc Add 0.24% 3,275 0.00
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Buy 329,200 0.74
RDS.B - Royal Dutch Shell Plc Buy 351,387 0.44
ING - ING Groep N.V. Buy 546,918 0.16
UAL - United Airlines Holdings, Inc. Reduce 0.00% 44 0.00
DEO - Diageo plc 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 - UnitedHealth 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 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 Banking Group plc Reduce 10.17% 494,534 0.05
VOD - Vodafone Group Public Ltd. Co. 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% 390,939 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 p.l.c. Reduce 21.78% 127,124 0.15
RENX - Relx NV Reduce 23.02% 1,101 0.15
CAB - Cabela's Inc Reduce 29.30% 562,796 0.67
SNX - TD SYNNEX Corp. Reduce 35.32% 453,600 0.52
UBS - UBS Group 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 69495.22% 28,361,000 0.42
SM - SM Energy Co. Add 81.42% 1,721,452 0.86
INFY - Infosys Ltd. Add 64.16% 1,107,200 0.20
PVH - PVH Corp. Add 28.29% 377,480 0.71
BCS - Barclays PLC Add 17.45% 248,810 0.07
CHT - Chunghwa Telecom Co Ltd Add 17.42% 4,600 0.00
LYG - Lloyds Banking Group plc Add 14.64% 620,964 0.06
AMX - America Movil SAb De Cv Add 11.96% 130,500 0.04
UBS - UBS Group AG Add 10.46% 132,714 0.05
NTES - NetEase, Inc. Add 9.53% 115,000 0.09
UNH - UnitedHealth 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% 21,253 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 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% 52,741 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 Financial, 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% 54,610 0.04
BTI - British American Tobacco p.l.c. Add 2.09% 11,950 0.01
SAP - SAP SE Add 2.07% 3,967 0.01
CYD - China Yuchai International 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% 42,570 0.01
EPI - Wisdomtree Tr Add 0.67% 33,700 0.01
DEO - Diageo plc Add 0.42% 576 0.00
QCOM - QUALCOMM Inc. Add 0.29% 7,730 0.01
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 0.06% 1,270 0.00
ALL - The Allstate Corp. Buy 1,541,690 2.44
AAP - Advance Auto Parts, Inc. Buy 521,530 2.00
BABA - Alibaba Group Holdings Ltd. 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 Public Ltd. Co. 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. Ltd. Reduce 5.45% 119,578 0.15
JNJ - Johnson & Johnson Reduce 6.03% 96,070 0.22
RENX - Relx NV Reduce 6.84% 351 0.04
MAT - Mattel, Inc. Reduce 9.52% 431,644 0.23
VALE - Vale S.A. 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 & Co. Reduce 16.80% 398,287 0.51
LLY - Eli Lilly and 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 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% 1,062,500 0.27
SNX - TD SYNNEX Corp. Reduce 39.04% 822,224 0.87
IMO - Imperial Oil Ltd. Reduce 39.46% 138,957 0.09
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A 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 MSCI Emerging Markets ETF 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 1258.28% 1,489,800 0.23
INFY - Infosys Ltd. Add 910.30% 1,554,800 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 MSCI Emerging Markets ETF Add 49.79% 111,044 0.07
NTES - NetEase, Inc. Add 49.66% 400,500 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% 325,705 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 Financial, Inc. Add 30.99% 377,474 0.71
MSFT - Microsoft Corp. Add 30.51% 913,743 1.00
WFC - Wells Fargo & Co. Add 29.83% 544,759 0.69
UNH - UnitedHealth 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 - TD SYNNEX Corp. Add 20.55% 359,002 0.38
AP47 - Glaxosmithkline Plc Add 19.44% 98,684 0.08
CCL - Carnival Corp. Ltd. Add 16.51% 311,077 0.38
CYOU - Changyou Com Ltd Add 15.49% 12,100 0.00
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 13.03% 242,560 0.04
LYG - Lloyds Banking Group plc Add 12.84% 482,529 0.04
BTI - British American Tobacco p.l.c. Add 12.72% 64,488 0.07
IMO - Imperial Oil Ltd. Add 12.62% 39,449 0.02
SKM - Sk Telecom Ltd Add 12.27% 245,566 0.20
VOD - Vodafone Group Public Ltd. Co. Add 11.61% 51,338 0.03
SAP - SAP SE Add 11.41% 19,631 0.03
SNY - Sanofi Add 11.37% 58,668 0.06
NVS - Novartis AG Add 10.96% 28,962 0.05
TM - Toyota Motor Corp. Add 9.86% 14,789 0.03
RDY - Dr Reddys Labs Ltd Add 7.71% 210,000 0.05
IBN - ICICI Bank Ltd. Add 7.05% 292,380 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 - Petróleo Brasileiro S.A. - Petrobras CL A Add 3.21% 195,500 0.01
LLY - Eli Lilly and Co. Add 2.95% 43,199 0.09
CAB - Cabela's Inc Buy 1,841,025 2.10
RENX - Relx NV Buy 5,133 0.65
TV - Grupo Televisa, S.A.B. Buy 1,143,400 0.60
DEO - Diageo plc 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 846 0.00
VSS - Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares Buy 1,700 0.00
UBS - UBS Group AG Reduce 0.42% 5,355 0.00
BCS - Barclays PLC 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. Reduce 9.44% 8,800 0.00
VWO - Vanguard Emerging Markets Stock Index Fund Reduce 11.05% 24,562 0.03
TSM - Taiwan Semiconductor Reduce 11.34% 503,900 0.29
CYD - China Yuchai International 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% 24,000 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 S.A. Reduce 99.44% 1,577,400 0.20
DIS - The Walt Disney Co. Sell 100.00% 519,715 1.75
AXP - American Express Co. 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 15700.11% 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% 46,400 0.02
WIT - Wipro Ltd. Add 137.76% 54,000 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, Inc. Add 43.51% 244,500 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 Financial, 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 p.l.c. Add 15.49% 68,014 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 Banking Group plc Add 14.59% 478,472 0.06
PVH - PVH Corp. Add 14.57% 107,864 0.37
SKM - Sk Telecom Ltd Add 14.23% 249,410 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 & Co. Add 12.71% 205,906 0.34
CVX - Chevron Corp. Add 12.26% 119,173 0.34
UNH - UnitedHealth Group Inc. Add 11.97% 86,498 0.31
CYOU - Changyou Com Ltd Add 11.89% 8,300 0.01
BCS - Barclays PLC Add 9.31% 123,752 0.05
DIS - The Walt Disney Co. Add 8.48% 40,641 0.14
AVVIY - Aviva Plc Add 8.27% 76,800 0.04
SNY - Sanofi 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% 15,693 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% 101,750 0.02
RDY - Dr Reddys Labs Ltd Add 1.78% 47,500 0.01
VALE - Vale S.A. 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 Co. Buy 638,037 1.46
UBS - UBS Group AG Buy 1,273,859 0.68
VOD - Vodafone Group Public Ltd. Co. 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. Ltd. Reduce 0.01% 226 0.00
MO - Altria Group, Inc. Reduce 4.42% 62,478 0.10
LLY - Eli Lilly and Co. Reduce 6.53% 102,308 0.26
73HK - Ryanair Hldgs Plc Reduce 7.00% 159,228 0.28
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 9.47% 637,100 0.10
SMFG - Sumitomo Mitsui Financial Group, Inc. Reduce 14.27% 309,840 0.06
TSM - Taiwan Semiconductor Reduce 16.14% 855,400 0.53
SNX - TD SYNNEX Corp. Reduce 21.08% 466,630 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 MSCI Emerging Markets ETF Reduce 71.15% 549,963 0.58
INFY - Infosys Ltd. Reduce 92.70% 2,169,600 0.50
PNC - The PNC Financial Services Group, Inc. 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 2067.04% 2,232,400 0.52
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 631.84% 5,811,000 0.93
VALE - Vale S.A. 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 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, Inc. Add 35.42% 147,000 0.08
NOV - NOV Inc. Add 21.36% 412,085 0.72
EEM - iShares MSCI Emerging Markets ETF Add 19.66% 127,000 0.13
SMFG - Sumitomo Mitsui Financial Group, Inc. 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% 75,097 0.09
73HK - Ryanair Hldgs Plc Add 3.40% 74,698 0.13
IBN - ICICI Bank Ltd. Add 2.30% 91,190 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 Financial, Inc. Buy 941,735 2.65
PNC - The PNC Financial Services Group, Inc. 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% 2,494 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 and Co. Reduce 5.41% 89,626 0.20
SNY - Sanofi Reduce 5.81% 29,429 0.04
MAT - Mattel, Inc. Reduce 5.96% 146,791 0.15
SNX - TD SYNNEX Corp. Reduce 6.36% 150,408 0.19
BCS - Barclays PLC 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 Banking Group plc 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 p.l.c. Reduce 10.51% 51,572 0.08
RDY - Dr Reddys Labs Ltd Reduce 11.26% 339,560 0.10
MSFT - Microsoft Corp. Reduce 11.64% 376,041 0.57
WFC - Wells Fargo & Co. 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 - The 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. Ltd. Reduce 24.17% 600,701 0.89
NVS - Novartis AG Reduce 33.79% 126,806 0.31
UNH - UnitedHealth 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 - The 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 486.96% 89,600 0.02
EEM - iShares MSCI Emerging Markets ETF Add 469.86% 532,638 0.61
RDY - Dr Reddys Labs Ltd Add 259.36% 2,176,060 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
IBN - ICICI Bank Ltd. Add 134.48% 2,269,273 0.69
TSM - Taiwan Semiconductor 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% 197,824 0.11
MAT - Mattel, Inc. Add 23.96% 475,806 0.48
LLY - Eli Lilly and 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% 183,771 0.24
RIO - Rio Tinto Group Add 12.26% 28,833 0.04
SNX - TD SYNNEX Corp. Add 11.94% 252,162 0.32
DIS - The Walt Disney Co. Add 11.24% 55,330 0.17
WFC - Wells Fargo & Co. Add 10.73% 178,049 0.32
ORCL - Oracle Corp. Add 10.17% 312,561 0.46
UNH - UnitedHealth 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 - Petróleo Brasileiro S.A. - Petrobras CL A Add 5.90% 51,200 0.01
C - Citigroup Inc. Add 5.87% 155,822 0.28
PGR - The Progressive Corp. Add 5.55% 171,865 0.15
CCL - Carnival Corp. Ltd. Add 5.21% 122,979 0.18
BTI - British American Tobacco p.l.c. Add 5.09% 23,752 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% 2,351 0.01
BCS - Barclays PLC 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, Inc. Buy 415,000 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 Financial Group, Inc. Reduce 1.30% 24,141 0.01
MO - Altria Group, Inc. Reduce 4.56% 84,388 0.15
VALE - Vale S.A. Reduce 8.70% 58,040 0.02
LYG - Lloyds Banking Group plc Reduce 11.57% 474,518 0.08
HDB - HDFC Bank Ltd. Reduce 14.26% 5,600 0.00
SNY - Sanofi Reduce 14.67% 87,133 0.17
CSX - CSX Corp. Reduce 25.10% 2,836,179 1.15
APOL - Apollo Ed Group Inc Reduce 33.19% 881,359 0.85
CYD - China Yuchai International Ltd. Reduce 45.76% 70,100 0.05
FAF - First American Financial Corp. Sell 100.00% 3,163,438 3.28
BA - The 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 437000.00% 437,000 0.39
CHL - China Mobile Limited Add 1948.68% 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. Ltd. 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 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 - Petróleo Brasileiro S.A. - Petrobras CL A Add 10.59% 83,200 0.04
SKM - Sk Telecom Ltd Add 7.36% 102,337 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% 34,431 0.03
SNY - Sanofi Add 4.58% 26,008 0.05
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 4.45% 79,058 0.02
OUBSF - Ubs Ag Add 4.28% 57,868 0.04
LYG - Lloyds Banking Group plc Add 4.22% 165,830 0.03
NVS - Novartis AG Add 4.15% 14,864 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 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 - The Progressive Corp. Add 2.65% 79,900 0.08
BTI - British American Tobacco p.l.c. Add 2.63% 11,980 0.02
ORCL - Oracle Corp. Add 2.31% 69,300 0.10
IBN - ICICI Bank Ltd. Add 2.23% 36,850 0.01
JNJ - Johnson & Johnson Add 1.90% 15,900 0.06
FAF - First American Financial Corp. Add 1.28% 40,100 0.04
CSX - CSX Corp. Add 0.93% 104,400 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 and Co. Buy 1,338,392 3.32
CVX - Chevron Corp. Buy 687,278 3.13
SNX - TD SYNNEX Corp. Buy 2,112,218 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 - The 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 International 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% 23,730 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 & Co. Reduce 10.10% 186,500 0.42
RDY - Dr Reddys Labs Ltd Reduce 13.86% 135,000 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 S.A. Reduce 22.52% 193,800 0.09
UNH - UnitedHealth Group Inc. Reduce 25.40% 366,900 1.29
BA - The Boeing Co. Reduce 35.97% 203,260 1.10
CEO - Cnooc Ltd Reduce 46.16% 45,137 0.33
WIT - Wipro Ltd. Reduce 50.25% 39,600 0.01
AVFA - Advanced Semiconductor Engr Reduce 62.65% 102,300 0.03
EEM - iShares MSCI Emerging Markets ETF Reduce 77.31% 386,338 0.69
INFY - Infosys Ltd. Reduce 78.30% 66,400 0.02
APC - Anadarko Pete Corp Sell 100.00% 690,174 3.24
AAL - American Airlines 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 Económico Mexicano, S.A.B. de C.V. 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 2320.16% 1,582,350 0.59
SAP - SAP SE Add 58.60% 72,747 0.24
CSX - CSX Corp. Add 58.39% 4,127,700 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 American Financial Corp. Add 37.18% 846,456 1.01
SMFG - Sumitomo Mitsui Financial Group, Inc. Add 35.55% 466,042 0.16
APOL - Apollo Ed Group Inc Add 32.96% 639,500 0.86
BCS - Barclays PLC 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 - The Progressive Corp. Add 21.11% 525,800 0.57
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. Ltd. 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 - The Walt Disney Co. Add 16.56% 73,200 0.27
MSFT - Microsoft Corp. Add 15.84% 430,500 0.77
WFC - Wells Fargo & Co. 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 Add 12.04% 61,020 0.13
RIO - Rio Tinto Group Add 10.94% 22,369 0.05
AVVIY - Aviva Plc Add 10.82% 68,262 0.06
BTI - British American Tobacco p.l.c. Add 10.44% 43,000 0.10
LYG - Lloyds Banking Group plc 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
NOV - NOV Inc. Add 8.96% 95,499 0.34
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% 97,397 0.11
AVFA - Advanced Semiconductor Engr Add 7.15% 10,900 0.00
UNH - UnitedHealth Group Inc. Add 4.27% 59,200 0.21
TSM - Taiwan Semiconductor 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 MSCI Emerging Markets ETF Buy 499,700 0.89
MAT - Mattel, Inc. Buy 253,000 0.42
NVS - Novartis AG Reduce 1.98% 7,244 0.03
CYD - China Yuchai International 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 - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 13.33% 120,800 0.07
BA - The 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 S.A. Reduce 29.62% 362,200 0.18
SIEGY - Siemens A G Reduce 33.19% 124,988 0.39
INFY - Infosys Ltd. Reduce 34.95% 45,560 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% 1,152,000 0.44
AAL - American Airlines Group Inc. Reduce 55.55% 1,514,300 2.66
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Reduce 88.27% 17,300 0.07
SBS - Companhia De SAneamento Basi Reduce 95.09% 774,000 0.05
AMX - America Movil SAb De Cv Reduce 99.97% 379,900 0.23
WU - The 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 2520.69% 365,500 0.22
TSM - Taiwan Semiconductor Add 143.74% 775,042 0.67
HDB - HDFC Bank Ltd. Add 117.36% 21,200 0.01
TTM-OLD - Tata Mtrs Ltd Add 89.79% 202,200 0.31
IBN - ICICI Bank Ltd. Add 72.22% 28,600 0.01
RDY - Dr Reddys Labs Ltd Add 65.78% 843,595 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 Financial Group, Inc. Add 46.61% 416,759 0.17
SKM - Sk Telecom Ltd Add 43.56% 392,569 0.50
FAF - First American Financial Corp. Add 37.35% 619,150 0.79
SPIL - Siliconware Precision Inds L Add 36.93% 30,200 0.01
BCS - Barclays PLC 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 Banking Group plc Add 24.03% 690,954 0.16
BTI - British American Tobacco p.l.c. Add 23.42% 78,172 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% 183,290 0.62
VALE - Vale S.A. Add 17.99% 186,500 0.09
SNY - Sanofi 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 & Co. Add 16.57% 230,945 0.55
CCL - Carnival Corp. Ltd. Add 16.45% 195,600 0.35
NVS - Novartis AG Add 16.19% 50,892 0.18
DIS - The Walt Disney Co. Add 16.05% 61,100 0.24
AAL - American Airlines Group Inc. Add 15.94% 374,783 0.66
SIEGY - Siemens A G Add 15.76% 51,254 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 - UnitedHealth 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 International Ltd. Add 10.25% 15,700 0.01
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 9.45% 78,200 0.04
WIT - Wipro Ltd. Add 9.44% 6,800 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 - The 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% 10,500 0.00
SNPTY - China Pete & Chem Corp Add 0.91% 700 0.00
CSX - CSX Corp. Buy 7,069,653 3.27
PGR - The Progressive Corp. Buy 2,490,746 2.89
AVVIY - Aviva Plc Buy 630,946 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 - The Western Union Co. Reduce 13.60% 412,200 0.43
FMX - Fomento Económico Mexicano, S.A.B. de C.V. 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% 445,600 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 MSCI Emerging Markets ETF 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% 481,600 0.19
RDS.A - Royal Dutch Shell Plc Add 318.66% 174,565 0.72
BCS - Barclays PLC Add 301.62% 623,598 0.65
OUBSF - Ubs Ag Add 298.62% 721,141 0.80
NVS - Novartis AG Add 292.43% 234,301 0.97
BBVA - Banco Bilbao Vizcaya Argenta Add 286.93% 468,374 0.33
SNY - Sanofi 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 Financial Group, Inc. Add 258.05% 644,346 0.39
IMO - Imperial Oil Ltd. Add 255.65% 271,006 0.69
LYG - Lloyds Banking Group plc 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 p.l.c. Add 213.66% 227,366 0.70
HSBC - HSBC Holdings plc Add 208.74% 205,204 0.65
SIEGY - Siemens A G Add 195.11% 215,074 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 American Financial 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% 389,515 0.86
WFC - Wells Fargo & Co. Add 66.63% 557,200 1.52
VALE - Vale S.A. 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 - UnitedHealth 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 Add 29.43% 122,600 0.12
CCL - Carnival Corp. Ltd. Add 29.34% 269,800 0.65
MO - Altria Group, Inc. Add 29.23% 285,600 0.66
NOV - NOV Inc. Add 28.40% 195,295 0.84
SBS - Companhia De SAneamento Basi Add 24.09% 156,000 0.02
WU - The Western Union Co. Add 23.49% 576,600 0.60
BA - The 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 International Ltd. Add 13.40% 18,100 0.02
DIS - The Walt Disney Co. Add 8.68% 30,400 0.14
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 4.43% 35,100 0.03
MSFT - Microsoft Corp. Add 4.05% 82,595 0.19
AAL - American Airlines 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 1,282,405 0.60
ABBNY - Abb Ltd Buy 356,213 0.54
EEM - iShares MSCI Emerging Markets ETF Buy 96,900 0.23
GAME - Shanda Games Ltd Buy 177 0.21
AMX - America Movil SAb De Cv Buy 14,500 0.02
WIT - Wipro Ltd. Buy 72,000 0.01
FMX - Fomento Económico Mexicano, S.A.B. de C.V. 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, Inc. 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% 77,600 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% 2,425,200 2.20
BRFS - Brf SA Add 129.58% 71,400 0.14
C - Citigroup Inc. Add 90.09% 537,400 2.21
FMX - Fomento Económico Mexicano, S.A.B. de C.V. 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% 15,400 0.01
ORCL - Oracle Corp. Add 63.00% 639,600 1.79
CCL - Carnival Corp. Ltd. 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 Financial Group, Inc. Add 50.54% 83,830 0.07
A - Agilent Technologies, Inc. Add 46.15% 374,552 1.17
WU - The Western Union Co. Add 45.46% 767,100 1.22
JNJ - Johnson & Johnson Add 45.30% 132,900 0.98
BA - The 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 - Petróleo Brasileiro S.A. - Petrobras CL A Add 39.04% 222,600 0.31
CEO - Cnooc Ltd Add 37.15% 6,051 0.10
SKM - Sk Telecom Ltd Add 32.62% 125,859 0.37
BTI - British American Tobacco p.l.c. Add 30.12% 24,630 0.11
SNY - Sanofi Add 29.10% 25,724 0.11
LYG - Lloyds Banking Group plc Add 28.77% 187,913 0.07
SIEGY - Siemens A G Add 27.76% 23,954 0.12
UNH - UnitedHealth Group Inc. Add 27.60% 203,700 1.24
WFC - Wells Fargo & Co. 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% 14,380 0.08
CUK - Carnival Plc Add 20.40% 9,641 0.03
PTRCY - Petrochina Co Ltd Add 20.39% 4,100 0.04
DIS - The 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
BCS - Barclays PLC Add 18.22% 31,864 0.04
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 International Ltd. Add 6.72% 8,500 0.02
OUBSF - Ubs Ag Add 5.14% 11,815 0.02
VALE - Vale S.A. Add 3.86% 24,700 0.03
TTEN - Total S A Add 3.42% 2,526 0.01
NOV - NOV Inc. Buy 687,691 4.11
LCC - Us Airways Group Inc Buy 1,753,133 2.82
FAF - First American Financial 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 55,000 0.13
TUR - Ishares Buy 110,000 0.13
AVVIY - Aviva Plc Reduce 0.20% 386 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 Reduce 57.41% 561,600 1.11
SBS - Companhia De SAneamento Basi Reduce 66.91% 1,309,110 0.29
UMC - United Microelectronics Corp Reduce 82.72% 3,677,100 0.21
APD - Air Products and Chemicals, Inc. 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 4937.17% 4,357,000 0.25
GA - Giant Interactive Group Inc Add 151.51% 95,300 0.08
LYG - Lloyds Banking Group plc 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% 173,341 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 - Petróleo Brasileiro S.A. - Petrobras CL A Add 64.51% 223,600 0.35
CHL - China Mobile Limited Add 58.27% 105,700 0.59
BCS - Barclays PLC Add 45.16% 54,406 0.09
AVVIY - Aviva Plc Add 42.17% 57,361 0.09
SIEGY - Siemens A G Add 35.77% 22,732 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 Add 23.12% 183,700 0.36
NVS - Novartis AG Add 21.50% 11,634 0.08
ORCL - Oracle Corp. Add 18.96% 161,800 0.57
SBS - Companhia De SAneamento Basi Add 15.46% 262,000 0.06
SNY - Sanofi Add 14.60% 11,263 0.06
RDS.A - Royal Dutch Shell Plc Add 14.55% 5,862 0.04
BTI - British American Tobacco p.l.c. Add 10.81% 7,976 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 S.A. Add 3.56% 22,000 0.03
CYD - China Yuchai International Ltd. Add 2.68% 3,300 0.01
A - Agilent Technologies, Inc. Add 0.36% 2,936 0.01
MO - Altria Group, Inc. Add 0.05% 300 0.00
CCL - Carnival Corp. Ltd. Buy 578,800 2.27
CUK - Carnival Plc Buy 47,269 0.18
SMFG - Sumitomo Mitsui Financial Group, Inc. Buy 165,869 0.16
BRFS - Brf SA Buy 55,100 0.13
APD - Air Products and Chemicals, Inc. Reduce 0.13% 541 0.01
TSS - Total Sys Svcs Inc Reduce 0.15% 1,400 0.00
WFC - Wells Fargo & Co. Reduce 0.17% 1,100 0.00
APOL - Apollo Group Inc Reduce 0.38% 4,700 0.01
MSFT - Microsoft Corp. Reduce 0.44% 5,700 0.02
DIS - The Walt Disney Co. Reduce 0.71% 2,100 0.01
JNJ - Johnson & Johnson Reduce 0.74% 2,200 0.02
TM - Toyota Motor Corp. Reduce 0.88% 344 0.00
UNH - UnitedHealth Group Inc. Reduce 1.15% 8,600 0.06
APC - Anadarko Pete Corp Reduce 6.85% 23,800 0.25
BA - The Boeing Co. Reduce 8.06% 30,000 0.31
NDAQ - Nasdaq, Inc. Reduce 16.19% 272,400 0.35
WU - The Western Union Co. Reduce 17.89% 367,800 0.67
STT - State Street Corp. Reduce 29.77% 80,400 0.57
TTM-OLD - Tata Mtrs Ltd Reduce 57.58% 49,000 0.15
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Reduce 67.31% 37,200 0.52
BCR - Bard C R Inc Reduce 75.98% 137,900 1.69
BQV1 - Sterlite Inds India Ltd Reduce 98.12% 625,307 0.14
STJ - St Jude Med Inc Sell 100.00% 425,000 2.07
MOH - Molina Healthcare, Inc. Sell 100.00% 350,100 1.30
ABV - Companhia De Bebidas Das Ame Sell 100.00% 67,600 0.35
LPL - Lg Display Co Ltd Sell 100.00% 106,900 0.19
KEP - Korea Electric Pwr Sell 100.00% 111,570 0.19
Q1 2013
C - Citigroup Inc. Add 81.41% 247,900 1.32
SIEGY - Siemens A G Add 67.06% 25,510 0.17
BA - The Boeing Co. Add 37.33% 101,200 1.05
VALE - Vale S.A. Add 30.68% 145,000 0.30
HSBC - HSBC Holdings plc Add 23.15% 12,087 0.08
AVVIY - Aviva Plc Add 19.58% 22,274 0.03
MSFT - Microsoft Corp. Add 18.28% 201,700 0.70
KT - KT Corp. Add 16.56% 55,900 0.11
OUBSF - Ubs Ag Add 16.43% 25,120 0.05
BCS - Barclays PLC Add 14.84% 15,570 0.03
SNY - Sanofi Add 14.62% 9,837 0.06
BTI - British American Tobacco p.l.c. Add 14.52% 9,360 0.06
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Add 13.33% 6,500 0.09
TM - Toyota Motor Corp. Add 12.53% 4,354 0.06
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 12.46% 38,400 0.09
CYD - China Yuchai International Ltd. Add 10.59% 11,800 0.02
MO - Altria Group, Inc. Add 10.21% 59,300 0.25
UNH - UnitedHealth Group Inc. Add 5.96% 42,000 0.29
APD - Air Products and Chemicals, Inc. Add 5.58% 21,620 0.21
APOL - Apollo Group Inc Add 5.58% 64,800 0.14
ORCL - Oracle Corp. Add 4.94% 40,200 0.16
A - Agilent Technologies, Inc. Add 4.74% 36,628 0.13
NVS - Novartis AG Add 4.60% 2,380 0.02
PTRCY - Petrochina Co Ltd Add 4.42% 800 0.01
STT - State Street Corp. Add 4.37% 11,300 0.08
TSS - Total Sys Svcs Inc Add 4.19% 36,500 0.11
WU - The Western Union Co. Add 4.01% 79,300 0.14
APC - Anadarko Pete Corp Add 3.89% 13,000 0.14
BCR - Bard C R Inc Add 3.24% 5,700 0.07
SKM - Sk Telecom Ltd Add 2.82% 5,827 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 Add 1.89% 14,700 0.03
EPI - Wisdomtree Trust Add 1.54% 14,700 0.03
RIO - Rio Tinto Group Add 1.08% 392 0.00
TTEN - Total S A Buy 59,219 0.35
RDS.A - Royal Dutch Shell Plc Buy 40,275 0.33
CEO - Cnooc Ltd Buy 9,701 0.23
KEP - Korea Electric Pwr Buy 111,570 0.19
IMO - Imperial Oil Ltd. Buy 29,957 0.15
LYG - Lloyds Banking Group plc Buy 278,695 0.10
73HK - Ryanair Hldgs Plc Reduce 1.07% 45,272 0.20
DIS - The Walt Disney Co. Reduce 2.09% 6,300 0.04
CHL - China Mobile Limited Reduce 2.94% 5,500 0.04
AXAHY - Axa Reduce 3.46% 2,524 0.01
WFC - Wells Fargo & Co. Reduce 5.30% 37,000 0.16
SAP - SAP SE Reduce 7.64% 1,717 0.02
JNJ - Johnson & Johnson Reduce 16.78% 59,600 0.54
STJ - St Jude Med Inc Reduce 24.48% 137,800 0.64
MOH - Molina Healthcare, Inc. Reduce 37.06% 206,100 0.71
NDAQ - Nasdaq, Inc. Reduce 50.03% 1,684,500 1.80
SBS - Companhia De SAneamento Basi Reduce 64.91% 3,134,610 0.57
TTM-OLD - Tata Mtrs Ltd Reduce 89.79% 748,378 0.96
PGR - The Progressive Corp. Sell 100.00% 915,700 2.48
WHR - Whirlpool Corp. Sell 100.00% 146,380 1.91
AMX - Semiconductor Engr America Movil SAb Sell 100.00% 87,600 0.27
Q4 2012
ABV - Co Ltd Companhia De Add 498.23% 56,300 0.31
TSM - Taiwan Semiconductor Add 294.45% 582,100 1.31
KT - KT Corp. Add 229.32% 235,100 0.52
VODD - Vodafone Group Plc Add 220.17% 65,676 0.22
CHL - China Mobile Add 196.67% 123,900 0.96
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 191.81% 202,584 0.51
RIO - Rio Tinto Group Add 151.23% 21,926 0.17
MO - Altria Group, Inc. Add 140.91% 339,600 1.37
APOL - Apollo Group Inc Add 113.66% 617,900 1.66
A - Agilent Technologies, Inc. Add 110.97% 406,133 1.52
OUBSF - Ubs Ag Add 100.26% 76,565 0.16
HSBC - HSBC Holdings plc Add 100.23% 26,135 0.18
SBS - Bebidas Das Ame Companhia De Add 95.63% 2,360,610 0.43
APC - Anadarko Pete Corp Add 81.93% 150,500 1.43
APD - Air Products and Chemicals, Inc. Add 80.97% 173,393 1.73
MSFT - Microsoft Corp. Add 74.76% 472,000 1.62
PGR - The Progressive Corp. Add 74.02% 389,500 1.05
TSS - Total Sys Svcs Inc Add 73.19% 368,200 1.01
BA - The Boeing Co. Add 72.35% 113,800 1.10
ORCL - Oracle Corp. Add 71.96% 340,300 1.45
WU - The Western Union Co. Add 70.74% 818,700 1.43
NVS - Novartis AG Add 69.49% 21,208 0.16
NDAQ - Nasdaq, Inc. Add 68.33% 1,366,800 1.46
TM - Toyota Motor Corp. Add 68.33% 14,101 0.17
WFC - Wells Fargo & Co. Add 67.59% 281,800 1.23
DIS - The Walt Disney Co. Add 63.98% 117,400 0.75
AVVIY - Aviva Plc Add 63.76% 44,285 0.10
BTI - British American Tobacco p.l.c. Add 58.29% 23,734 0.16
UNH - UnitedHealth Group Inc. Add 55.50% 251,500 1.75
SAP - SAP SE Add 55.37% 8,011 0.08
JNJ - Johnson & Johnson Add 44.93% 110,100 0.99
SNY - Sanofi Add 35.74% 17,718 0.11
MOH - Molina Healthcare, Inc. Add 35.10% 144,500 0.50
BCS - Barclays PLC Add 33.73% 26,461 0.06
PTRCY - Petrochina Co Ltd Add 29.27% 4,100 0.08
AMX - Semiconductor Engr America Movil SAb Add 21.84% 15,700 0.05
BCR - Co New Bard C R Inc Add 20.49% 29,900 0.38
AXAHY - Axa Add 18.34% 11,318 0.03
SIEGY - Siemens A G Add 18.02% 5,808 0.04
EPI - Wisdomtree Trust Add 16.02% 131,800 0.34
SNPTY - Limited China Pete & Chem Add 2.71% 2,200 0.03
SKM - Precision Inds L Sk Telecom Ltd Add 2.41% 4,856 0.02
WHR - Whirlpool Corp. Add 0.12% 180 0.00
STJ - Ohio St Jude Med Inc Buy 562,800 2.61
STT - State Street Corp. Buy 258,750 1.56
C - Citigroup Inc. Buy 304,500 1.54
LPL - Lg Display Co Ltd Buy 106,900 0.20
IBN - ICICI Bank Ltd. Buy 24,200 0.03
73HK - Ryanair Hldgs Plc Reduce 0.34% 14,550 0.03
VALE - Vale S.A. Reduce 1.27% 6,100 0.03
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Reduce 1.81% 900 0.02
TTM-OLD - Semiconductor Mfg Ltd Tata Mtrs Ltd Reduce 10.26% 95,255 0.24
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% 629,100 1.21
APD - Air Products and Chemicals, Inc. Add 43.79% 65,221 1.23
PGR - The Progressive Corp. Add 42.45% 156,800 0.80
MOH - Molina Healthcare, Inc. Add 23.45% 78,200 0.48
UNH - UnitedHealth Group Inc. Add 22.56% 83,400 1.15
APC - Anadarko Pete Corp Add 21.25% 32,200 0.56
BA - The Boeing Co. Add 18.54% 24,600 0.42
JNJ - Johnson & Johnson Add 18.24% 37,800 0.64
VALE - Vale S.A. Add 17.44% 71,100 0.32
WFC - Wells Fargo & Co. 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
WU - The Western Union Co. Add 14.78% 149,000 0.67
MSFT - Microsoft Corp. Add 14.45% 79,700 0.59
AVFA - Advanced Semiconductor Add 13.99% 5,509 0.01
FMX - Fomento Económico Mexicano, S.A.B. de C.V. 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% 658 0.01
73HK - Ryanair Hldgs Plc Add 0.36% 15,192 0.03
MO - Altria Group, Inc. Add 0.04% 100 0.00
A - Agilent Technologies, Inc. Buy 365,982 2.48
VWO - Vanguard Emerging Markets Stock Index Fund Buy 23,700 0.25
OUBSF - Ubs Ag Reduce 0.54% 418 0.00
AVVIY - Aviva Plc Reduce 1.18% 828 0.00
BCS - Barclays PLC Reduce 2.20% 1,764 0.00
TM - Toyota Motor Corp. Reduce 3.18% 678 0.01
HSBC - HSBC Holdings plc Reduce 3.48% 941 0.01
BTI - British American Tobacco p.l.c. Reduce 4.45% 1,896 0.02
SAP - SAP SE Reduce 4.54% 688 0.01
SNY - Sanofi Reduce 5.10% 2,663 0.02
ORCL - Oracle Corp. Reduce 5.33% 26,600 0.17
SBS - Ame Companhia De SAneamento Reduce 9.36% 255,000 0.15
BQV1 - Sterlite Inds India Ltd Reduce 9.62% 67,850 0.03
AXAHY - Axa Reduce 13.40% 9,551 0.03
NVS - Novartis AG Reduce 13.45% 4,744 0.05
VODD - Vodafone Group Plc New Reduce 14.10% 4,898 0.03
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 14.56% 18,000 0.07
TTM-OLD - Ltd Tata Mtrs Ltd Reduce 15.21% 166,552 0.17
DIS - The Walt Disney Co. Reduce 16.89% 37,300 0.40
RIO - Rio Tinto Group Reduce 25.67% 5,007 0.05
PTRCY - Petrochina Co Ltd Reduce 29.99% 6,000 0.17
TSM - Taiwan Semiconductor Reduce 49.14% 191,002 0.60
HMC - Honda Motor Ltd Reduce 56.14% 23,195 0.18
CEO - Cnooc Ltd Reduce 58.39% 6,232 0.28
ABV - Companhia De Bebidas Das Reduce 62.58% 18,900 0.16
KT - KT Corp. Reduce 69.94% 238,500 0.71
CHL - China Mobile Limited Reduce 72.94% 169,819 2.09
RDY - Basi Dr Reddys Labs Ltd Reduce 86.64% 146,925 0.20
UMC - United Microelectronics Reduce 94.87% 1,630,700 0.80
VECO - Veeco Instruments Inc. Sell 100.00% 88,701 0.67
BP - BP p.l.c. Sell 100.00% 16,843 0.15
SAN - Banco Santander, S.A. Sell 100.00% 73,765 0.10
YZCAY - Yanzhou Coal Mng Co Ltd Sell 100.00% 16,100 0.06
ITUB - Itaú Unibanco Holdings S.A. Sell 100.00% 6,418 0.02
Q2 2012
BQV1 - Sterlite Inds India Ltd Add 5779.68% 693,157 0.30
RDY - Dr Reddys Labs Ltd Add 648.53% 146,925 0.20
KT - KT Corp. Add 73.71% 144,700 0.43
RIO - Rio Tinto Group Add 65.93% 7,750 0.08
APC - Anadarko Pete Corp Add 59.14% 56,300 0.82
CEO - Cnooc Ltd Add 49.09% 3,514 0.16
SAP - SAP SE Add 41.02% 4,408 0.06
EPI - Wisdomtree Trust Add 41.01% 108,500 0.42
BCS - Barclays PLC Add 40.21% 23,004 0.05
AMX - America Movil SAb De Cv Add 24.30% 5,200 0.03
APD - Air Products and Chemicals, Inc. Add 22.93% 27,782 0.46
OUBSF - Ubs Ag Add 17.64% 11,513 0.03
JNJ - Johnson & Johnson Add 14.72% 26,600 0.40
WU - The Western Union Co. Add 14.59% 128,400 0.48
SIEGY - Siemens A G Add 12.96% 3,622 0.03
VALE - Vale S.A. Add 11.09% 40,700 0.18
AXAHY - Axa Add 7.56% 5,011 0.01
SAN - Banco Santander, S.A. Add 7.40% 5,085 0.01
ORCL - Oracle Corp. Add 7.19% 33,500 0.22
APOL - Apollo Group Inc Add 6.64% 19,900 0.16
HSBC - HSBC Holdings plc Add 5.46% 1,398 0.01
MO - Altria Group, Inc. Add 5.38% 12,300 0.09
AVVIY - Aviva Plc Add 5.30% 3,539 0.01
MSFT - Microsoft Corp. Add 5.15% 27,000 0.18
BA - The Boeing Co. Add 4.82% 6,100 0.10
SNY - Sanofi Add 4.48% 2,242 0.02
HMC - Honda Motor Ltd Add 3.80% 1,514 0.01
PGR - The Progressive Corp. Add 3.68% 13,100 0.06
PTRCY - Petrochina Co Ltd Add 3.09% 600 0.02
TSM - Taiwan Semiconductor Add 2.78% 10,500 0.03
BTI - British American Tobacco p.l.c. Add 2.62% 1,088 0.01
CHL - China Mobile Limited Add 1.88% 4,300 0.05
SNPTY - China Pete & Chem Corp Add 1.88% 1,500 0.03
SKM - Sk Telecom Ltd Add 1.84% 3,642 0.02
UMC - United Microelectronics Corp Add 1.79% 30,300 0.01
NDAQ - Nasdaq, Inc. Buy 1,371,300 2.29
WHR - Whirlpool Corp. Buy 126,400 1.71
VECO - Veeco Instruments Inc. Buy 88,701 0.67
UNH - UnitedHealth Group Inc. Reduce 1.12% 4,200 0.05
NVS - Novartis AG Reduce 3.19% 1,161 0.01
73HK - Ryanair Hldgs Plc Reduce 3.66% 159,941 1.27
SBS - Companhia De SAneamento Basi Reduce 5.22% 150,000 0.08
MOH - Molina Healthcare, Inc. Reduce 5.82% 20,600 0.15
TTM-OLD - Tata Mtrs Ltd Reduce 6.16% 71,959 0.09
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 & Co. Reduce 8.10% 31,500 0.23
ABV - Companhia De Bebidas Das Ame Reduce 8.76% 2,900 0.03
DIS - The Walt Disney Co. Reduce 11.89% 29,800 0.28
BCR - Bard C R Inc Reduce 14.20% 21,600 0.46
BP - BP p.l.c. Reduce 19.39% 4,051 0.04
VODD - Vodafone Group Plc New Reduce 21.11% 9,290 0.06
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 29.45% 51,600 0.29
FMX - Fomento Económico Mexicano, S.A.B. de C.V. Reduce 37.18% 26,200 0.47
ITUB - Itaú Unibanco Holdings S.A. Reduce 74.85% 52,408 0.08
VEON - VEON Sell 100.00% 9,200 0.02
Q1 2012
JNJ - Johnson & Johnson Add 3041.74% 174,900 2.45
MO - Altria Group, Inc. Add 2119.42% 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 - The Western Union Co. Add 751.32% 776,600 2.91
PGR - The Progressive Corp. Add 748.33% 314,300 1.55
BA - The Boeing Co. Add 732.89% 111,400 1.76
APD - Air Products and Chemicals, Inc. Add 732.20% 106,586 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 & Co. Add 585.04% 332,300 2.42
DIS - The Walt Disney Co. Add 564.72% 212,900 1.99
MOH - Molina Healthcare, Inc. Add 469.29% 291,900 2.09
UNH - UnitedHealth 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% 51,959 0.26
TTM-OLD - Tata Mtrs Ltd Add 32.91% 289,050 0.36
TSM - Taiwan Semiconductor Add 23.39% 71,700 0.24
UMC - United Microelectronics Corp Add 20.80% 290,800 0.16
VALE - Vale S.A. 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 International Ltd. Reduce 1.07% 1,200 0.01
SNPTY - China Pete & Chem Corp Reduce 5.91% 5,000 0.21
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A 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, S.A. Reduce 9.10% 6,876 0.02
AVVIY - Aviva Plc Reduce 10.36% 7,711 0.04
SNY - Sanofi Reduce 11.18% 6,294 0.09
BCS - Barclays PLC Reduce 14.24% 9,496 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% 540,000 0.40
SIEGY - Siemens A G Reduce 15.99% 5,320 0.10
BTI - British American Tobacco p.l.c. Reduce 17.56% 8,842 0.17
NVS - Novartis AG Reduce 18.22% 8,113 0.17
RIO - Rio Tinto Group Reduce 18.25% 2,624 0.05
VODD - Vodafone Group Plc New Reduce 18.81% 10,197 0.12
SAP - SAP SE Reduce 19.51% 2,605 0.06
BP - BP p.l.c. Reduce 20.09% 5,253 0.09
RDY - Dr Reddys Labs Ltd Reduce 20.94% 6,000 0.01
HDB - HDFC Bank Ltd. Reduce 20.99% 4,800 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% 8,800 0.02
ITUB - Itaú Unibanco Holdings S.A. Reduce 56.54% 91,095 0.25
VEON - VEON Reduce 59.52% 541 0.05
AMX - America Movil Reduce 88.56% 165,608 0.44
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 - UnitedHealth Group Inc. Add 469.08% 94,820 1.94
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Add 282.89% 138,616 1.31
SNPTY - China Pete & Chem Corp S Add 214.44% 57,685 2.45
VALE - Vale S.A. Add 187.44% 215,740 1.81
ITUB - Itaú Unibanco Holdings S.A. Add 143.74% 95,014 0.26
AMX - America Movil SAb De Cv S Add 140.99% 109,408 0.29
HMC - Honda Motor Ltd Add 50.60% 14,642 0.18
DIS - The Walt Disney Co. Add 46.42% 11,952 0.18
BA - The 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 3,413,610 2.56
VIV - Telefonica Brasil SA Buy 208,664 2.30
FMX - Fomento Económico Mexicano, S.A.B. de C.V. 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 Buy 306,493 1.60
SKM - Sk Telecom Ltd Buy 146,150 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 p.l.c. Buy 50,366 0.96
PTRCY - Petrochina Co Ltd Buy 19,007 0.95
NVS - Novartis AG Buy 44,538 0.92
SNY - Sanofi Buy 56,291 0.83
WU - The Western Union Co. Buy 103,365 0.76
MSFT - Microsoft Corp. Buy 68,357 0.72
TM - Toyota Motor Corp. Buy 27,149 0.72
APOL - Apollo Group Inc Buy 31,537 0.69
SIEGY - Siemens A G Buy 33,270 0.64
CYD - China Yuchai International Ltd. Buy 112,669 0.63
WFC - Wells Fargo & Co. 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 and Chemicals, Inc. Buy 14,557 0.46
ABV - Companhia De Bebidas Das Ame Buy 30,855 0.45
BP - BP p.l.c. Buy 26,147 0.45
ORCL - Oracle Corp. Buy 43,500 0.45
AXAHY - Axa Buy 77,911 0.40
AVVIY - Aviva Plc Buy 74,457 0.37
PGR - The 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 Buy 66,707 0.27
SAN - Banco Santander, S.A. 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 909 0.09
AVFA - Advanced Semiconductor Engr Buy 39,387 0.07
INFY - Infosys Ltd. Buy 25,560 0.07
RDY - Dr Reddys Labs Ltd Buy 28,655 0.07
HDB - HDFC Bank Ltd. Buy 22,864 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 2.43
YZCAY - Yanzhou Coal Mng Co Ltd S Reduce 81.73% 140,400 2.96
BBD - Banco Bradesco S.A. Sell 100.00% 88,400 5.01
ERIC - Telefonaktiebolaget LM Ericsson (publ) 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, Inc. 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 - The Allstate Corp. Sell 100.00% 14,599 1.27
CX - CEMEX, S.A.B. de C.V. Sell 100.00% 33,170 1.22
HD - The Home Depot, Inc. Sell 100.00% 16,100 1.22
CSCO - Cisco Systems, Inc. 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
CELJF - Cellcom Israel Ltd Add 33828.57% 28,416 2.46
AMX - America Movil SAb De Cv Add 156.95% 47,400 2.96
LPL - Lg Display Co Ltd Spons Adr Rep Add 65.15% 35,900 1.47
SNPTY - China Pete & Chem Corp Add 28.71% 6,000 1.46
HAL - Halliburton Co. Add 20.13% 3,200 0.25
ALL - The Allstate Corp. Add 8.96% 1,200 0.10
VALE - Vale S.A. Add 4.83% 5,300 0.35
BBD - Banco Bradesco S.A. Buy 141,192 5.01
BA - The 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
BAC - Bank of America Corp. Buy 27,300 1.32
NRG - NRG Energy, Inc. Buy 15,900 1.28
HD - The Home Depot, Inc. Buy 16,100 1.22
COL - Rockwell Collins Inc Reduce 1.42% 20 0.01
DIS - The Walt Disney Co. Reduce 1.90% 500 0.02
LFCHY - China Life Ins Co Ltd Reduce 2.44% 100 0.01
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 3.16% 1,600 0.08
YZCAY - Yanzhou Coal Mng Co Ltd Reduce 3.29% 5,850 0.06
TNE - Taiwan Semiconductor Tele Norte Leste Part S A Reduce 3.41% 900 0.02
RIG - Transocean Ltd. Reduce 3.69% 300 0.03
OUBSF - Mitsubishi Ufj - ------------------------------------------------------------------------------------------------------------------------------- - -------------------- ------------- ----------- -------- ------------------- ---------- -------- -------------------- - -------------------- --------------- ----------- -------- -------- --- ---- ---------- -------- -------- ------ ---- Ubs Ag Shs Reduce 7.25% 10,281 0.19
HMC - Honda Motor Ltd Amern Reduce 7.57% 2,371 0.10
VODD - Vodafone Group Plc New Reduce 7.89% 5,314 0.16
CHKP - Check Point Software Technologies Ltd. Reduce 8.25% 4,300 0.15
HSBC - HSBC Holdings plc Reduce 8.96% 4,411 0.28
XOU - Petroleo Brasileiro Shanda Interactive - ------------------------------------------------------------------------------------------------------------------------------- - -------------------- ------------- ----------- -------- ------------------- ---------- -------- -------------------- - -------------------- --------------- ----------- -------- -------- --- ---- ---------- -------- -------- ------ ---- Sohu Com Inc Reduce 10.00% 200 0.02
UNH - UnitedHealth Group Inc. Reduce 13.67% 3,200 0.12
ERIC - Telefonaktiebolaget LM Ericsson (publ) Reduce 14.61% 29,380 0.44
CSCO - Cisco Systems, Inc. Reduce 18.68% 3,900 0.11
ITUB - Itaú Unibanco Holdings S.A. Reduce 19.43% 15,942 0.14
HOG - Harley-Davidson, Inc. Reduce 36.20% 12,200 0.30
CX - CEMEX, S.A.B. de C.V. Reduce 54.04% 49,347 0.56
IBN - ICICI Bank Ltd. Reduce 56.47% 26,400 0.22
TEVA - Teva Pharmaceutical Industries Ltd. Reduce 76.82% 44,500 3.37
PBR - Petróleo Brasileiro S.A. - Petrobras Sell 100.00% 70,200 4.41
SIEGY - Siemens A G Sp Sell 100.00% 40,908 4.34
TELFY - Telefonica S A Sp Sell 100.00% 39,045 4.07
BTI - British American Tobacco p.l.c. Sell 100.00% 39,935 3.42
SNY - Sanofi Sell 100.00% 67,000 3.03
FTE - France Telecom Sp Ad Sell 100.00% 85,825 3.00
MUFG - Mitsubishi Ufj Sp Finl Group In Ad Sell 100.00% 303,146 2.85
NVS - Novartis AG Sell 100.00% 45,144 2.82
AXAHY - Axa Sp Ad Sell 100.00% 94,049 2.73
CHL - China Mobile Limited Sp Sell 100.00% 35,000 2.69
MFC - Manulife Financial Corp. Sell 100.00% 100,363 2.67
CEO - Cnooc Ltd Sp Sell 100.00% 14,100 2.66
AUOTY - Au Optronics Sp Corp Ad Sell 100.00% 173,173 2.57
TSM - Taiwan Semiconductor Sell 100.00% 161,485 2.32
BCZN - Telus Corp No Sell 100.00% 57,630 2.28
NTES - NetEase, Inc. Sell 100.00% 41,400 2.23
RIO - Rio Tinto Group Sell 100.00% 8,846 2.22
SAM - The Boston Beer Co., Inc. Sell 100.00% 138,300 1.77
SNDA - Shanda Interactive Entmt Ltd Sp Sell 100.00% 20,300 1.63
SBS - Companhia De Sp SAneamento Basi Ad Sell 100.00% 35,000 1.61
MSFT - Microsoft Corp. Sell 100.00% 27,157 0.99
GFI - Gold Fields Ltd. Sell 100.00% 49,800 0.92
VWO - Vanguard Emerging Markets Stock Index Fund Sell 100.00% 16,000 0.78
EEM - iShares MSCI Emerging Markets ETF Sell 100.00% 15,300 0.76
PKX - Posco Sp Sell 100.00% 1,200 0.15
PTRCY - Petrochina Co Ltd Sp Sell 100.00% 900 0.15
MBT - Mobile Telesystems Ojsc Sp Sell 100.00% 2,500 0.14
INFY - Infosys Ltd. Sell 100.00% 1,800 0.10
UPBD - Upbound Group, Inc. Sell 100.00% 3,600 0.10
SSL - Sasol Ltd Sp Sell 100.00% 300 0.02
AP47 - Glaxosmithkline Sp Plc Ad Sell 100.00% 235 0.01
Q2 2009
SNPTY - China Pete & Chem Corp Sp Add 1641.67% 19,700 2.29
NVS - Novartis AG Add 159.46% 30,963 1.73
TSM - Taiwan Semiconductor Add 105.24% 83,217 1.19
CHKP - Check Point Software Technologies Ltd. Add 48.01% 16,900 0.61
RIG - Transocean Ltd. Add 30.44% 1,900 0.22
UNH - UnitedHealth Group Inc. Add 26.64% 4,925 0.19
SNY - Sanofi Add 24.84% 13,330 0.60
BTI - British American Tobacco p.l.c. Add 23.96% 15,440 0.66
TEVA - Teva Pharmaceutical Industries Ltd. Add 20.61% 9,900 0.75
HSBC - HSBC Holdings plc Add 19.29% 7,955 0.51
OUBSF - Ubs Ag Sh Add 17.43% 21,061 0.39
MSFT - Microsoft Corp. Add 15.28% 3,600 0.13
CSCO - Cisco Systems, Inc. Add 5.03% 1,000 0.03
PBR - Petróleo Brasileiro S.A. - Petrobras Add 4.93% 3,300 0.21
VWO - Vanguard Emerging Markets Stock Index Fund Buy 16,000 0.78
EEM - iShares MSCI Emerging Markets ETF Buy 15,300 0.76
ITUB - Itaú Unibanco Holdings S.A. Buy 82,041 0.73
HAL - Halliburton Co. Buy 15,900 0.50
CX - CEMEX, S.A.B. de C.V. Reduce 0.00% 1 0.00
VALE - Vale S.A. Reduce 1.26% 1,400 0.03
VODD - Vodafone Group Sp Plc New Ne Reduce 4.95% 3,502 0.10
CHL - China Mobile Limited Sp Reduce 6.42% 2,400 0.18
HOG - Harley-Davidson, Inc. Reduce 8.41% 3,096 0.07
MET - MetLife, Inc. Reduce 8.63% 2,132 0.07
BCZN - Telus Corp No Reduce 9.83% 6,280 0.28
AXAHY - Axa Sp Ad Reduce 9.97% 10,412 0.21
MUFG - Mitsubishi Ufj Sp Finl Group In Ad Reduce 10.05% 33,885 0.28
FTE - France Telecom Sp Ad Reduce 10.55% 10,125 0.39
SIEGY - Siemens A G Sp Reduce 10.59% 9,690 0.47
MFC - Manulife Financial Corp. Reduce 10.92% 12,301 0.23
TELFY - Telefonica S A Sp Reduce 22.91% 34,818 1.18
ERIC - Telefonaktiebolaget LM Ericsson (publ) Reduce 24.76% 66,205 0.91
PKX - Posco Sp Reduce 40.00% 800 0.09
PTRCY - Petrochina Co Ltd Sp Reduce 43.75% 700 0.10
GFI - Gold Fields Ltd. Reduce 50.20% 58,282 0.97
RIO - Rio Tinto Group Reduce 52.98% 39,876 2.27
HMC - Honda Motor Ltd Am Reduce 61.07% 49,116 1.98
AMX - America Movil Sp SAb De Cv Sh Reduce 80.13% 121,800 0.39
MBT - Mobile Telesystems Ojsc Sp Reduce 86.26% 15,700 0.80
INFY - Infosys Ltd. Reduce 86.96% 96,000 0.53
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Reduce 89.41% 427,150 1.89
CELJF - Cellcom Israel Ltd Sh Reduce 97.28% 3,000 0.11
RDS.B - Royal Dutch Shell Plc Sell 100.00% 59,863 4.44
CSN - Credit Suisse Group Sell 100.00% 39,219 2.04
CRH - CRH plc Sell 100.00% 47,024 1.74
APD - Air Products and Chemicals, Inc. Sell 100.00% 10,696 1.02
DLCA - Dell Inc Sell 100.00% 45,550 0.74
MAN - ManpowerGroup Inc. Sell 100.00% 7,900 0.42
VALF - Companhia Vale Do Rio Doce Sell 100.00% 10,200 0.20
TV - Grupo Televisa, S.A.B. Sell 100.00% 1,400 0.03
Q1 2009
SNDA - Shanda Interactive Entmt Ltd Add 623.53% 1,166 1.18
TEVA - Teva Pharmaceutical Industries Ltd. Add 593.59% 41,100 3.15
GFI - Gold Fields Ltd. Add 338.59% 89,629 1.49
RIO - Rio Tinto Group Add 82.79% 34,088 1.94
DIS - The Walt Disney Co. Add 67.34% 10,563 0.33
VALE - Vale S.A. Add 37.28% 30,200 0.68
TSM - Taiwan Semiconductor Add 21.08% 13,768 0.21
HOG - Harley-Davidson, Inc. Add 5.77% 2,008 0.05
YZCAY - Yanzhou Coal Mng Co Ltd Add 4.11% 7,020 0.04
MET - MetLife, Inc. Add 2.80% 673 0.02
AMX - America Movil SAb De Cv Add 2.29% 3,400 0.01
CSCO - Cisco Systems, Inc. Add 1.06% 209 0.01
TELFY - Telefonica S A Buy 151,953 5.14
RDS.B - Royal Dutch Shell Plc Buy 59,863 4.44
SIEGY - Siemens A G Buy 91,506 4.44
FTE - France Telecom Buy 95,950 3.70
ERIC - Telefonaktiebolaget LM Ericsson (publ) Buy 267,360 3.68
PBR - Petróleo Brasileiro S.A. - Petrobras 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 Buy 53,670 2.55
BTI - British American Tobacco p.l.c. Buy 64,430 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 - Petróleo Brasileiro S.A. - Petrobras CL A 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 19,418 1.12
RIG - Transocean Ltd. Buy 6,241 0.62
MAN - ManpowerGroup Inc. Buy 7,900 0.42
IBN - ICICI Bank Ltd. Buy 46,750 0.19
SBS - Companhia De SAneamento Basi Reduce 6.67% 75,000 0.28
SAM - The Boston Beer Co., Inc. Reduce 6.74% 10,000 0.18
NTES - NetEase, Inc. Reduce 6.76% 15,000 0.30
MBT - Mobile Telesystems Ojsc Reduce 8.54% 1,700 0.21
ALL - The Allstate Corp. Reduce 10.55% 1,580 0.24
LPL - Lg Display Co Ltd Reduce 16.13% 10,600 0.40
MSFT - Microsoft Corp. Reduce 19.74% 5,794 0.51
UNH - UnitedHealth Group Inc. Reduce 22.61% 5,402 0.66
INFY - Infosys Ltd. Reduce 27.37% 41,600 0.56
SNPTY - China Pete & Chem Corp Reduce 33.33% 600 0.17
XOU - Sohu Com Inc Reduce 42.86% 1,500 0.32
VALF - Companhia Vale Do Rio Doce Reduce 80.96% 43,367 0.88
LFCHY - China Life Ins Co Ltd Reduce 89.54% 35,100 4.01
TV - Grupo Televisa, S.A.B. Reduce 96.34% 36,800 2.51
SSL - Sasol Ltd Reduce 97.25% 10,600 1.47
PTRCY - Petrochina Co Ltd Reduce 98.61% 113,900 3.15
AP47 - Glaxosmithkline Plc Reduce 99.86% 164,768 7.21
AP08 - Allied Irish Bks P L C Sell 100.00% 304,559 5.30
UBB - Unibanco Uniao De Bancos Bra Sell 100.00% 74,900 5.26
C - Citigroup Inc. Sell 100.00% 66,622 2.04
Q4 2008
AP47 - Asml Holding N V Axa British Amern Credit Suisse Ericsson L M Tel Co France Telecom Glaxosmithkline Plc Add 70114.04% 164,768 7.21
CX - CEMEX, S.A.B. de C.V. Add 1185.10% 84,213 2.67
VALF - Companhia Vale Do Rio Doce Add 425.17% 43,367 0.88
SAM - The Boston Beer Co., Inc. Add 414.93% 119,500 2.18
NTES - NetEase, Inc. Add 208.33% 150,000 3.02
AP08 - Allied Irish Bks P L C Add 202.88% 204,003 3.55
INFY - Infosys Ltd. Add 171.43% 96,000 1.29
YZCAY - Vanguard Intl Yanzhou Coal Mng Co Ltd Add 169.23% 107,250 1.89
TSM - Taiwan Semiconductor Add 43.82% 19,899 0.71
TEVA - Teva Pharmaceutical Industries Ltd. Add 37.82% 1,900 0.37
MET - MetLife, Inc. Add 32.61% 5,909 0.84
UNH - UnitedHealth Group Inc. Add 11.12% 2,391 0.29
VALE - Vale S.A. Add 4.65% 3,600 0.20
HOG - Harley-Davidson, Inc. 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 5.26
LFCHY - China Life Ins Co Ltd Buy 39,200 4.48
RIO - Rio Tinto Group Buy 41,172 4.18
PTRCY - Petrochina Co Ltd Buy 115,500 3.19
MSFT - Microsoft Corp. Buy 29,351 2.61
COL - Rockwell Collins Inc Buy 1,409 2.51
APD - Air Products and Chemicals, Inc. Buy 11,562 2.45
C - Citigroup Inc. Buy 6,662 2.04
DIS - The Walt Disney Co. Buy 15,685 1.62
CSCO - Cisco Systems, Inc. Buy 19,666 1.46
GFI - Gold Fields Ltd. Buy 26,471 1.03
SNDA - Shanda Interactive Entmt Ltd Buy 187 0.42
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% 294,000 0.25
ALL - The Allstate Corp. Reduce 22.67% 4,391 0.18
CELJF - Cellcom Israel Ltd Reduce 85.37% 18,000 0.48
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 p.l.c. 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
FTE - Sponsored France Telecom Sell 100.00% 171,594 4.30
ERIC - Telefonaktiebolaget LM Ericsson (publ) Sell 100.00% 509,376 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 p.l.c. Sell 100.00% 80,929 3.63
MUFG - Mitsubishi Ufj Sponsored Finl Group In Sell 100.00% 461,755 3.61
PHG - Koninklijke Philips N.V. Sell 100.00% 126,524 3.08
41IS - Spon Adr Unilever Plc Sell 100.00% 123,854 3.01
SNY - Sanofi 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 Groep N.V. 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 - Petróleo Brasileiro S.A. - Petrobras Sell 100.00% 55,300 1.94
CEO - Sponsored Cnooc Ltd Sell 100.00% 18,800 1.93
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A 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 - SiriusPoint Ltd. 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
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
SAM - The Boston Beer Co., Inc. Add 569.77% 24,500 0.39
AMX - America Movil Add 415.97% 119,800 0.26
BP - BP p.l.c. Add 159.67% 49,763 2.23
VWO - Vanguard Emerging Markets Stock Index Fund Add 155.00% 9,300 0.29
OUBSF - Ubs Ag Shs Add 52.07% 53,123 0.83
LEARQ - Lear Corp Add 45.92% 14,800 0.14
HOG - Harley-Davidson, Inc. Add 32.28% 8,340 0.28
CEO - Sponsored Cnooc Ltd Add 26.17% 3,900 0.40
PKX - Sponsored Posco Add 17.65% 300 0.03
CRH - CRH plc Add 14.25% 24,012 0.46
TELFY - Sponsored Telefonica S A Add 7.98% 18,726 0.40
MET - MetLife, Inc. Add 5.77% 988 0.04
PBR.A - Petróleo Brasileiro S.A. - Petrobras CL A Buy 43,600 1.71
TV - Grupo Televisa, S.A.B. Buy 38,200 0.75
UNH - UnitedHealth Group Inc. Buy 21,500 0.49
YZCAY - Yanzhou Coal Buy 63,375 0.30
NTES - NetEase, Inc. Buy 72,000 0.29
INFY - Infosys Ltd. Buy 56,000 0.21
XOU - Sohu Com Inc Buy 3,500 0.17
41IS - Spon Adr Unilever Plc Reduce 3.90% 5,024 0.08
AP08 - Allied Irish Bks Reduce 9.14% 10,115 0.18
SIEGY - Sponsored Siemens A G Reduce 9.89% 13,540 0.44
HMC - Honda Motor Ltd Amern Reduce 9.92% 18,138 0.36
PHG - Koninklijke Philips N.V. Reduce 10.10% 14,211 0.28
MUFG - Mitsubishi Ufj Sponsored Finl Group In Reduce 10.28% 52,892 0.27
FTE - Sponsored France Telecom Reduce 10.31% 19,715 0.34
SNY - Sanofi Reduce 10.49% 11,990 0.23
RDS.B - Royal Dutch Shell Plc Reduce 10.50% 9,358 0.44
ING - ING Groep N.V. Reduce 10.57% 18,211 0.34
CSN - Credit Suisse Sponsored Group Reduce 10.71% 8,160 0.22
BCZN - Non-Vtg Telus Corp Reduce 10.78% 8,802 0.21
HSBC - HSBC Holdings plc Reduce 10.80% 4,994 0.22
MFC - Manulife Financial Corp. Reduce 11.01% 11,323 0.23
MAT - Mattel, Inc. Reduce 11.30% 4,572 0.05
CSIQ - Canadian Solar Inc Reduce 11.44% 2,700 0.06
BTI - British American Tobacco p.l.c. Reduce 11.63% 25,372 0.52
UPBD - Upbound Group, Inc. Reduce 12.13% 4,995 0.06
VODD - Vodafone Group Reduce 13.07% 3,039 0.05
AUOTY - Au Optronics Sponsored Corp Reduce 14.71% 26,357 0.23
ERIC - Telefonaktiebolaget LM Ericsson (publ) Reduce 16.87% 103,403 0.63
LPL - Spons Adr Lg Display Co Ltd Rep Reduce 22.23% 21,300 0.23
TNE - Tele Norte Leste Reduce 22.35% 7,600 0.11
3576715Q - Spon Adr SAdia S A Reduce 23.44% 6,000 0.08
SSL - Sponsored SAsol Ltd Reduce 23.78% 3,400 0.12
SBS - Companhia De Sponsored SAneamento Basi Reduce 32.04% 669,000 0.67
CX - CEMEX, S.A.B. de C.V. Reduce 33.33% 3,553 0.04
VALF - Companhia Vale Reduce 33.33% 5,100 0.09
VALE - Vale S.A. Reduce 35.66% 42,900 0.90
CELJF - Cellcom Israel Ltd Reduce 36.08% 11,900 0.24
TSM - Taiwan Semiconductor Reduce 38.83% 28,829 0.18
MBT - Mobile Telesystems Sponsored Ojsc Reduce 46.05% 16,900 0.76
NVS - Novartis AG Reduce 47.08% 58,190 1.68
CHL - - ------------------------------------------------------------------------------------------------------------------------------ - ----------------- -------------- ---------- -------- -------------------- ---------- -------- ----------------------- Voting Authority - --------------- -------------- ---------- -------- ------- --- ---- ---------- -------- ------- ------- ---- China Mobile Sponsored Limited Reduce 49.63% 26,900 1.06
PBR - Petróleo Brasileiro S.A. - Petrobras Reduce 58.17% 76,900 3.20
TEVA - Teva Pharmaceutical Industries Ltd. Reduce 68.15% 10,749 0.29
OVIP - Open Jt Stk Co- Sponsored Vimpel Commun Reduce 84.95% 71,700 1.25
SNPTY - China Pete & Reduce 93.66% 26,600 1.45
AP47 - Glaxosmithkline Sponsored Plc Reduce 99.70% 77,937 2.02
AXAHY - Axa Sell 100.00% 149,923 2.59
SHG - Shinhan Financial Group Co., Ltd. Sell 100.00% 44,612 2.35
AMGN - Amgen Inc. Sell 100.00% 23,676 0.66
WMT - Walmart Inc. Sell 100.00% 18,728 0.62
WHR - Whirlpool Corp. Sell 100.00% 12,045 0.44
FNMA - Federal Natl Mtg Assn Sell 100.00% 37,634 0.43
OCR - Omnicare Inc Sell 100.00% 26,232 0.40
C - Citigroup Inc. Sell 100.00% 39,867 0.39
FMCC - Federal Home Ln Mtg Corp Sell 100.00% 24,903 0.24
ZCHA - China Telecom Corp Ltd Sell 100.00% 1,800 0.06
Q2 2008
SAM - The Boston Beer Co., Inc. Add 437.50% 3,500 0.10
AUOTY - Au Optronics Corp Add 358.13% 140,030 1.24
CSIQ - Canadian Solar Inc Add 232.39% 16,500 0.39
ZCHA - China Telecom Corp Ltd Add 80.00% 800 0.03
PBR - Petróleo Brasileiro S.A. - Petrobras Add 26.39% 27,600 1.15
CHL - China Mobile Limited Add 21.52% 9,600 0.38
LPL - Lg Display Co Ltd Add 17.26% 14,100 0.15
TNE - Tele Norte Leste Part S A Add 16.84% 4,900 0.07
SNPTY - China Pete & Chem Corp Add 15.92% 3,900 0.21
TSM - Taiwan Semiconductor Add 15.24% 9,817 0.06
VALE - Vale S.A. Add 14.57% 15,300 0.32
CEO - Cnooc Ltd Add 13.74% 1,800 0.18
PKX - Posco Add 13.33% 200 0.02
SBS - Companhia De SAneamento Basico De Add 12.99% 240,000 0.24
CELJF - Cellcom Israel Ltd Add 1.85% 600 0.01
TEVA - Teva Pharmaceutical Industries Ltd. Add 1.28% 200 0.01
BCZN - Telus Corp Buy 81,680 1.93
OUBSF - Ubs Ag Buy 102,030 1.24
SSL - Sasol Ltd Buy 14,300 0.49
3576715Q - Sadia S A Buy 25,600 0.32
AMX - America Movil SAb De Cv Reduce 8.86% 2,800 0.03
MBT - Mobile Telesystems Ojsc Reduce 10.49% 4,300 0.11
OVIP - Open Jt Stk Co- Vimpel Commun Reduce 12.27% 11,800 0.11
RDS.B - Royal Dutch Shell Plc Reduce 18.57% 20,318 0.44
SPNT - SiriusPoint Ltd. Reduce 21.21% 29,758 0.06
MFC - Manulife Financial Corp. Reduce 23.75% 32,037 0.39
PHG - Koninklijke Philips N.V. Reduce 25.04% 47,021 0.58
CRH - CRH plc Reduce 25.16% 56,663 0.70
FTE - France Telecom Reduce 26.03% 67,316 0.73
HSBC - HSBC Holdings plc Reduce 26.03% 16,276 0.43
AMGN - Amgen Inc. Reduce 27.74% 9,089 0.12
TELFY - Telefonica S A Reduce 29.24% 96,963 0.91
SIEGY - Siemens A G Reduce 30.66% 60,552 1.07
C - Citigroup Inc. Reduce 30.83% 1,777 0.12
AP47 - Glaxosmithkline Plc Reduce 32.32% 37,336 0.51
AP08 - Allied Irish Bks P L C Reduce 32.34% 52,906 0.73
BTI - British American Tobacco p.l.c. Reduce 32.66% 105,850 1.29
NVS - Novartis AG Reduce 33.67% 62,748 0.93
SNY - Sanofi Reduce 33.71% 58,105 0.70
HMC - Honda Motor Ltd Reduce 33.99% 94,162 0.89
WHR - Whirlpool Corp. Reduce 34.02% 6,211 0.17
AXAHY - Axa Reduce 35.26% 81,659 0.96
CSN - Credit Suisse Group Reduce 35.28% 41,519 0.68
ING - ING Groep N.V. Reduce 35.99% 96,897 1.17
HOG - Harley-Davidson, Inc. Reduce 36.67% 14,957 0.18
ERIC - Telefonaktiebolaget LM Ericsson (publ) Reduce 37.67% 370,303 1.17
DLCA - Dell Inc Reduce 41.93% 33,103 0.21
ALL - The Allstate Corp. Reduce 42.03% 14,042 0.22
6686 - Motorola Inc Reduce 42.87% 52,182 0.16
FNMA - Federal Natl Mtg Assn Reduce 43.78% 29,311 0.25
MUFG - Mitsubishi Ufj Finl Group In Reduce 45.28% 425,820 1.20
LEARQ - Lear Corp Reduce 45.99% 27,447 0.23
UPBD - Upbound Group, Inc. Reduce 52.60% 45,686 0.27
MAT - Mattel, Inc. Reduce 52.75% 45,171 0.29
MET - MetLife, Inc. Reduce 52.99% 19,308 0.33
WMT - Walmart Inc. Reduce 53.83% 65,514 0.37
VODD - Vodafone Group Plc New Reduce 54.25% 27,576 0.27
SHG - Shinhan Financial Group Co., Ltd. Reduce 54.77% 108,040 1.84
41IS - Unilever Plc Reduce 54.97% 157,325 1.71
OCR - Omnicare Inc Reduce 56.42% 33,958 0.20
FMCC - Federal Home Ln Mtg Corp Reduce 64.78% 45,813 0.38
BP - BP p.l.c. Reduce 74.25% 89,847 1.76
VWO - Vanguard Emerging Markets Stock Index Fund Reduce 97.27% 214,000 3.26
TKPPY - Technip SA Sell 100.00% 137,302 3.50
TPGA - Tnt NV Sell 100.00% 265,977 3.19
EONGY - E.on Ag Sell 100.00% 134,246 2.71
EEM - iShares MSCI Emerging Markets ETF Sell 100.00% 61,600 2.68
UPMKY - Upm-Kymmene Oyj Sell 100.00% 352,488 2.03
BAYRY - Bayer Aktiengesellschaft Sell 100.00% 73,357 1.91
PUBGY - Trust Publicis Groupe Sell 100.00% 142,286 1.76
CA - Ca Inc Sell 100.00% 75,736 0.55
JNJ - Johnson & Johnson Sell 100.00% 24,411 0.51
CHU - Ltd China Unicom Ltd Sell 100.00% 44,800 0.31
JBL - Jabil Inc. Sell 100.00% 60,493 0.18
G2N - Mindray Medical Sell 100.00% 14,300 0.13
TMX - Participacoes SA Telefonos De Mexico Sell 100.00% 9,100 0.11
PTRCY - Ojsc Petrochina Co Ltd Sell 100.00% 1,800 0.07
KT - KT Corp. Sell 100.00% 4,400 0.03
PFE - Pfizer Inc. Sell 100.00% 69 0.00
Q1 2008
SPNT - SiriusPoint Ltd. Add 249.40% 100,153 0.21
ALL - The Allstate Corp. Add 80.58% 14,909 0.23
FMCC - Freddie Mac Add 55.99% 25,382 0.21
6686 - Motorola Inc Add 53.63% 42,489 0.13
MAT - Mattel, Inc. Add 44.35% 26,310 0.17
CELJF - Cellcom Israel Ltd Add 42.76% 9,700 0.10
TNE - Mfg Ltd Tele Norte Leste Add 40.58% 8,400 0.07
AMX - America Movil SA Add 31.67% 7,600 0.08
JBL - Jabil Inc. Add 28.63% 13,466 0.04
AP08 - Allied Irish Banks Add 23.32% 30,938 0.43
EEM - iShares MSCI Emerging Markets ETF Add 23.20% 34,800 0.50
HOG - Harley-Davidson, Inc. Add 21.27% 7,155 0.09
OCR - Omnicare Inc Add 20.09% 10,070 0.06
PHG - Koninklijke Philips N.V. Add 18.34% 29,092 0.36
DLCA - Dell Inc Add 17.80% 11,930 0.08
HSBC - HSBC Holdings plc Add 17.16% 9,158 0.24
ERIC - Telefonaktiebolaget LM Ericsson (publ) Add 15.71% 133,454 0.42
FNMA - Federal Natl Mtg Assn Add 12.47% 7,424 0.06
CA - Ca Inc Add 8.80% 6,123 0.04
HMC - Honda Motor Co Ltd Add 8.10% 20,751 0.20
MET - MetLife, Inc. Add 5.31% 1,837 0.03
CRH - CRH plc Add 0.10% 226 0.00
BTI - British American Tobacco p.l.c. Buy 324,082 3.94
TKPPY - Technip SA Buy 137,302 3.50
SIEGY - Group Co L Siemens Ag Buy 197,506 3.47
SHG - Shinhan Financial Group Co., Ltd. Buy 197,264 3.36
ING - ING Groep N.V. Buy 269,202 3.24
TPGA - Tnt NV Buy 265,977 3.19
TELFY - Telefonica SA Buy 331,617 3.10
FTE - France Telecom SA Buy 258,625 2.81
NVS - Novartis AG Buy 186,347 2.77
AXAHY - Plc Axa SA Buy 231,582 2.71
EONGY - E.on Ag Buy 134,246 2.71
MUFG - Corp Mitsubishi Ufj Buy 940,467 2.66
BP - BP p.l.c. Buy 121,013 2.37
SNY - Sanofi Buy 172,376 2.09
UPMKY - Upm-Kymmene Oyj Buy 352,488 2.03
CSN - Tobacco Plc Credit Suisse Group Buy 117,679 1.93
BAYRY - Bayer Aktiengesellschaft Buy 293,428 1.91
PUBGY - Trust Publicis Groupe Buy 569,144 1.76
PBR - Petróleo Brasileiro S.A. - Petrobras Buy 104,600 1.73
MFC - Manulife Financial Corp. Buy 134,888 1.65
AP47 - Glaxosmithkline Plc Buy 115,508 1.59
VALE - Vale S.A. Buy 105,000 1.18
CHL - China Mobile Ltd Buy 44,600 1.08
MBT - International Ltd Mobile Telesystems Buy 41,000 1.01
OVIP - Index F Vimpel-Communications Buy 96,200 0.93
SBS - Companhia De Buy 1,848,000 0.88
SNPTY - China Petroleum & Buy 24,500 0.68
CEO - Do Rio Doce Cnooc Ltd Buy 13,100 0.62
LPL - Lg Display Co Ltd Buy 81,700 0.59
WHR - Whirlpool Corp. Buy 18,256 0.51
C - Citigroup Inc. Buy 5,764 0.39
CHU - Ltd China Unicom Ltd Buy 44,800 0.31
AUOTY - De Cv Au Optronics Corp Buy 39,100 0.22
TSM - Taiwan Semiconductor Buy 64,420 0.21
VALF - Do Rio Doce Companhia Vale Buy 15,300 0.14
G2N - Mindray Medical Buy 14,300 0.13
TMX - Participacoes SA Telefonos De Mexico Buy 9,100 0.11
CX - CEMEX, S.A.B. de C.V. Buy 10,659 0.07
PTRCY - Ojsc Petrochina Co Ltd Buy 1,800 0.07
PKX - Posco Buy 1,500 0.06
CSIQ - Canadian Solar Inc Buy 7,100 0.05
KT - KT Corp. Buy 4,400 0.03
SAM - The Boston Beer Co., Inc. Buy 800 0.03
TEVA - Teva Pharmaceutical Industries Ltd. Reduce 1.44% 227 0.01
41IS - Unilever Plc Reduce 1.63% 4,737 0.15
LEARQ - Lear Corp Reduce 4.44% 2,775 0.06
JNJ - Johnson & Johnson Reduce 6.06% 1,574 0.09
VWO - Vanguard Emerging Markets Stock Index Fund Reduce 6.54% 15,400 0.67
WMT - Walmart Inc. Reduce 11.90% 16,440 0.22
RDS.B - Royal Dutch Shell Plc Reduce 12.16% 15,148 1.13
AMGN - Amgen Inc. Reduce 12.34% 4,614 0.18
UPBD - Upbound Group, Inc. Reduce 17.49% 18,414 0.23
ZCHA - Chemical Corp China Telecom Corp Reduce 41.18% 700 0.05
VODD - Vodafone Group Plc Reduce 55.33% 62,954 1.95
PFE - Pfizer Inc. Reduce 99.87% 56,965 1.03
AMALV - Sh Sole None Sh Sole None Arcelormittal SA Ny Registry Sh Sell 100.00% 60 0.00
ABT - Abbott Laboratories 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 - SLB N.V. Sell 100.00% 26 0.00
WAG - Sh Sole None Walgreen Co Sell 100.00% 74 0.00
XOM - ExxonMobil Holdings Corp. Sell 100.00% 31 0.00
CSCO - Cisco Systems, Inc. Sell 100.00% 83 0.00
FAST - Fastenal Co. Sell 100.00% 61 0.00
HD - The Home Depot, Inc. 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 4259.26% 230,000 10.04
EEM - iShares MSCI Emerging Markets ETF Add 1415.15% 140,100 5.85
ERIC - Telefonaktiebolaget LM Ericsson (publ) Add 137.25% 491,518 4.77
FMCC - Com Sh Sole None Freddie Mac Add 81.15% 20,309 0.57
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 - Jabil 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% 15,283 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% 7,101 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 - SiriusPoint Ltd. Add 24.84% 7,991 0.15
CA - Com Sh Sole None Ca Inc Add 23.66% 13,317 0.28
AMGN - Amgen Inc. 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 N.V. 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% 9,348 0.12
HOG - Harley-Davidson, Inc. 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 Laboratories Buy 108 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, Inc. Buy 83 0.00
FAST - Fastenal Co. Buy 488 0.00
HD - The Home Depot, Inc. Buy 88 0.00
INTC - Intel Corp. Buy 106 0.00
LLTC - Sh Sole None Linear Technology Corp Buy 77 0.00
SLB - SLB N.V. Buy 26 0.00
SYY - Sysco Corp. Buy 79 0.00
WAG - Sh Sole None Walgreen Co Buy 74 0.00
XOM - ExxonMobil Holdings 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% 4,400 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 - The 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 - iShares MSCI Emerging Markets ETF Add 57.14% 3,600 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 Inc. Add 24.97% 6,291 0.37
ALL - The Allstate Corp. Add 19.53% 3,613 0.22
WMT - Walmart Inc. Add 17.55% 19,224 0.29
LEARQ - Lear Corp Add 17.35% 7,361 0.25
ERIC - Telefonaktiebolaget LM Ericsson (publ) Add 15.59% 48,300 0.99
FNMA - Fannie Mae Add 8.90% 2,697 0.17
PHG - Koninklijke Philips N.V. 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 28,400 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% 510 0.01
OCR - Omnicare Inc Reduce 1.82% 674 0.03
JBL - Jabil Inc. Reduce 2.17% 657 0.02
DLCA - Dell Inc Reduce 2.68% 1,406 0.04
MET - MetLife, Inc. Reduce 5.00% 1,447 0.09
CA - Ca Inc Reduce 5.70% 3,404 0.10
VWO - Vanguard Emerging Markets Stock Index Fund Reduce 6.90% 400 0.02
SPNT - SiriusPoint Ltd. 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
ZCHA - Pfd Sh Sole None - --------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Chemical Corp Shs Sh Sole None China Telecom Corp Ltd Add 2250.00% 18,000 1.16
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 Add 728.00% 18,200 0.38
EEM - iShares MSCI Emerging Markets ETF Add 279.75% 4,641 0.22
ERIC - Telefonaktiebolaget LM Ericsson (publ) Add 27.55% 66,910 1.45
DLCA - Com Sh Sole None Com Sh Sole None Corp Com Sh Sole None Dell Inc Add 17.43% 7,776 0.24
WMT - Walmart Inc. Add 16.92% 15,852 0.28
41IS - Sh Sole None Adr Sh Sole None Adr Sh Sole None Adr Sh Sole None Unilever Plc Add 15.31% 35,351 1.24
HSBC - HSBC Holdings plc Add 8.78% 4,716 0.47
PHG - Koninklijke Philips N.V. Add 7.97% 10,053 0.46
AP08 - Cl A Sh Sole None Adr Sh Sole None Adr Sh Sole None Allied Irish Banks Plc Add 6.92% 5,381 0.32
HMC - Adr Sh Sole None Adr Sh Sole None - --------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Adr Sh Sole None Honda Motor Co Ltd Amern Add 6.88% 14,792 0.59
CRH - CRH plc Add 5.49% 8,968 0.49
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 4.13% 5,020 0.46
VODD - New Sh Sole None Adr Sh Sole None Vodafone Group Plc Add 3.44% 11,624 0.43
AMGN - Amgen Inc. Buy 25,190 1.52
OCR - Com Sh Sole None Com Sh Sole None Omnicare Inc. Buy 37,079 1.46
JBL - Jabil Inc. Buy 30,208 0.73
VWO - Vanguard Emerging Markets Stock Index Fund Buy 5,800 0.29
LEARQ - Com Sh Sole None Lear Corp Reduce 32.26% 20,200 0.30
SPNT - SiriusPoint Ltd. Reduce 51.00% 41,181 0.31
SHG - Shinhan Financial Group Co., Ltd. Sell 100.00% 86,970 3.99
SNY - Sanofi Sell 100.00% 221,605 3.88
BTI - British American Tobacco p.l.c. Sell 100.00% 139,399 3.54
SIEGY - Financial Adr Re Siemens Ag Sp Sell 100.00% 72,710 3.14
BP - BP p.l.c. Sell 100.00% 110,810 2.89
AXAHY - Irish O Banks Plc Axa SA S Sell 100.00% 163,845 2.81
TKPPY - Ad Technip SA Sp Sell 100.00% 94,644 2.78
PUBGY - Co Ltd Ad Publicis Groupe Sp Sell 100.00% 142,157 2.78
TELFY - Tel Co 10 Telefonica SA Sp Sell 100.00% 99,179 2.65
FTE - Ad France Sp Sell 100.00% 247,298 2.63
ING - ING Groep N.V. Sell 100.00% 149,763 2.55
CSN - Ad Credit Sp Sell 100.00% 85,985 2.49
MFC - Manulife Financial Corp. Sell 100.00% 178,460 2.47
TTEN - Ad Total SA Sp Sell 100.00% 87,113 2.45
EONGY - Ad E.on Ag Sp Sell 100.00% 130,651 2.37
SYT - Re Syngenta Ag Sp Sell 100.00% 150,640 2.31
NVS - Novartis AG Sell 100.00% 103,750 2.28
AP47 - Ltd Glaxosmithkline Sp Sell 100.00% 100,019 2.22
ABNYY - Ltd Abn Amro Sell 100.00% 119,362 2.07
TPGA - Ad Tnt NV Sp Sell 100.00% 111,427 2.07
SNSAY - Stolt-Nielsen Sp Sell 100.00% 168,711 2.00
RIO - Rio Tinto Group Sell 100.00% 20,597 1.89
MUFG - Financial Corp Mitsubishi Ufj Sp Sell 100.00% 382,700 1.73
TELNY - Ad Telenor Asa Sp Sell 100.00% 73,047 1.56
BAYRY - Bayer Aktiengesellschaft Sell 100.00% 57,520 1.48
CEO - American Ad Tobacco Plc Cnooc Ltd Sp Sell 100.00% 40,949 1.44
PTRCY - Ad Petrochina Sp Sell 100.00% 25,162 1.19
SEOAY - Sa Co Stora Enso Oyj Sp Sell 100.00% 124,071 0.86
WHR - Whirlpool Corp. Sell 100.00% 20,883 0.71
FRO - Frontline plc Sell 100.00% 45,660 0.65
8277831Q - Affiliated Sell 100.00% 25,522 0.60
C - Citigroup Inc. Sell 100.00% 24,600 0.51
BOL - Corp/The Bausch & Sell 100.00% 24,200 0.50
MSFT - Microsoft Corp. Sell 100.00% 26,600 0.30
PKX - Brasileiro SA Ad Posco Adr Sp Sell 100.00% 800 0.03
KEP - Emerging Mk Markets Index Fund Korea Electric Sp Sell 100.00% 3,700 0.03
CHU - Corp Ltd Sh China Unicom Sp Sell 100.00% 4,300 0.02
PBR - Petróleo Brasileiro S.A. - Petrobras Sell 100.00% 600 0.02
TV - Grupo Televisa, S.A.B. Sell 100.00% 1,800 0.02
CHL - Software Technologies China Mobile Sp Sell 100.00% 1,000 0.02
SBS - Ltd Ad Cia De Sp Sell 100.00% 1,300 0.02
IFN - Sa Or India Fund Inc Co Sell 100.00% 1,000 0.02
TS - Leste Pf Participacoes SA Tenaris SA Sp Sell 100.00% 700 0.01
VALE - Vale S.A. Sell 100.00% 700 0.01
SMICY - Ad Semiconductor Sp Sell 100.00% 3,600 0.01
MBT - Power Corp Ad Mobile Sp Sell 100.00% 300 0.01
ENIAY - Rio Doce Ad Enersis SA/ Sp Sell 100.00% 1,000 0.01
CHKP - Check Point Software Technologies Ltd. Sell 100.00% 600 0.01
Q1 2007
WMT - Walmart Inc. Add 75.49% 40,314 0.25
HSBC - HSBC Holdings plc Add 15.99% 7,410 0.26
PHG - Koninklijke Philips N.V. Add 12.77% 14,284 0.22
CRH - CRH plc Add 9.46% 14,120 0.25
HMC - Plc Ad Honda Motor Am Add 0.21% 455 0.01
SHG - Shinhan Financial Group Co., Ltd. Buy 173,940 3.99
SNY - Sanofi Buy 221,605 3.88
VODD - Vodafone Group Sp Buy 337,783 3.65
BTI - British American Tobacco p.l.c. Buy 278,798 3.54
SIEGY - Financial Adr Re Siemens Ag Sp Buy 145,420 3.14
BP - BP p.l.c. Buy 110,810 2.89
AXAHY - Irish O Banks Plc Axa SA S Buy 163,845 2.81
PUBGY - Co Ltd Ad Publicis Groupe Sp Buy 568,628 2.78
TKPPY - Ad Technip SA Sp Buy 94,644 2.78
TELFY - Tel Co 10 Telefonica SA Sp Buy 297,537 2.65
FTE - Ad France Sp Buy 247,298 2.63
ING - ING Groep N.V. Buy 149,763 2.55
CSN - Ad Credit Sp Buy 85,985 2.49
TTEN - Ad Total SA Sp Buy 87,113 2.45
EONGY - Ad E.on Ag Sp Buy 130,651 2.37
SYT - Re Syngenta Ag Sp Buy 150,640 2.31
NVS - Novartis AG Buy 115,785 2.28
AP47 - Ltd Glaxosmithkline Sp Buy 100,019 2.22
ABNYY - Ltd Abn Amro Buy 119,362 2.07
TPGA - Ad Tnt NV Sp Buy 111,427 2.07
RIO - Rio Tinto Group Buy 82,388 1.89
ERIC - Telefonaktiebolaget LM Ericsson (publ) Buy 242,900 1.81
MUFG - Financial Corp Mitsubishi Ufj Sp Buy 382,700 1.73
TELNY - Ad Telenor Asa Sp Buy 219,141 1.56
BAYRY - Bayer Aktiengesellschaft Buy 230,080 1.48
CEO - American Ad Tobacco Plc Cnooc Ltd Sp Buy 40,949 1.44
PTRCY - Ad Petrochina Sp Buy 25,162 1.19
SEOAY - Sa Co Stora Enso Oyj Sp Buy 124,071 0.86
WHR - Whirlpool Corp. Buy 20,883 0.71
FNMA - Fannie Mae Buy 30,300 0.67
FRO - Frontline plc Buy 9,132 0.65
SPNT - SiriusPoint Ltd. Buy 80,747 0.62
8277831Q - Affiliated Buy 25,522 0.60
FMCC - Freddie Mac Buy 24,900 0.60
C - Citigroup Inc. Buy 2,460 0.51
JNJ - Johnson & Johnson Buy 21,025 0.51
DLCA - Dell Inc Buy 44,608 0.42
MSFT - Microsoft Corp. Buy 26,600 0.30
EEM - iShares MSCI Emerging Markets ETF Buy 1,659 0.03
KEP - Emerging Mk Markets Index Fund Korea Electric Sp Buy 3,700 0.03
PKX - Brasileiro SA Ad Posco Adr Sp Buy 800 0.03
CHL - Software Technologies China Mobile Sp Buy 1,000 0.02
CHU - Corp Ltd Sh China Unicom Sp Buy 4,300 0.02
IFN - Sa Or India Fund Inc Co Buy 1,000 0.02
PBR - Petróleo Brasileiro S.A. - Petrobras Buy 2,400 0.02
SBS - Ltd Ad Cia De Sp Buy 39,000 0.02
TV - Grupo Televisa, S.A.B. Buy 1,800 0.02
ZCHA - Ltd Ad China Telecom Sp Buy 800 0.02
CHKP - Check Point Software Technologies Ltd. Buy 600 0.01
ENIAY - Rio Doce Ad Enersis SA/ Sp Buy 1,000 0.01
MBT - Power Corp Ad Mobile Sp Buy 300 0.01
SMICY - Ad Semiconductor Sp Buy 3,600 0.01
TNE - Manufacturing Ad International Tele Norte Sp Buy 2,500 0.01
TS - Leste Pf Participacoes SA Tenaris SA Sp Buy 700 0.01
VALE - Vale S.A. Buy 1,400 0.01
SNSAY - Stolt-Nielsen Sp Reduce 2.81% 4,885 0.22
RDS.B - Ad Royal Dutch Sp Reduce 2.84% 3,549 0.37
MFC - Manulife Financial Corp. Reduce 3.99% 7,408 0.37
AP08 - Nobel NV A Allied S Reduce 4.29% 3,485 0.31
41IS - Ad Unilever Plc Sp Reduce 8.03% 20,167 0.83
BMY - Bristol-Myers Squibb Co. Sell 100.00% 48,200 1.88
TAN - Com Sh Sole None Radioshack Sell 100.00% 34,700 0.86
RCI - Rogers Communications Inc. Sell 100.00% 240 0.01
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
CAJPY - Sh Sole None Canon Inc Sell 100.00% 37 0.00
Q4 2006
HSBC - HSBC Holdings plc Add 35.23% 12,070 1.64
BOL - Corp/The Com Sh Sole None Bausch & Add 12.56% 2,700 0.21
WMT - Walmart Inc. Buy 53,400 1.22
CRH - CRH plc Reduce 0.21% 313 0.00
RDS.B - Communications Sh Sole None Inc Royal Dutch Spon Reduce 1.96% 2,500 0.08
MFC - Manulife Financial Corp. Reduce 2.83% 5,407 0.08
AP08 - Cl A Sh Sole None Holding NV Adr Sh Sole None Allied Irish Reduce 3.05% 2,553 0.06
PHG - Koninklijke Philips N.V. Reduce 3.59% 4,165 0.06
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 3.65% 8,127 0.12
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 Reduce 3.78% 6,825 0.08
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 4.53% 11,912 0.13
PFE - Pfizer Inc. Reduce 15.22% 7,589 0.09
UPBD - Upbound Group, Inc. Reduce 32.11% 15,700 0.20
RCI - Rogers Communications Inc. Reduce 99.69% 153,852 1.87
SNY - Sanofi Sell 100.00% 225,952 4.46
VODD - One Group Plc Sell 100.00% 356,752 3.62
BTI - British American Tobacco p.l.c. Sell 100.00% 139,099 3.38
CSN - T Suisse Sell 100.00% 111,726 2.87
BP - BP p.l.c. Sell 100.00% 97,478 2.84
FTE - E Telecom SA Sell 100.00% 265,272 2.74
PKX - Adr Sell 100.00% 95,038 2.74
AP47 - Smithkline Sell 100.00% 115,718 2.73
ING - ING Groep N.V. Sell 100.00% 139,111 2.71
NVS - Novartis AG Sell 100.00% 104,562 2.71
PUBGY - Cis Groupe Sell 100.00% 148,426 2.61
AXAHY - Plc A Sell 100.00% 154,769 2.53
PTRCY - China Co Ltd Sell 100.00% 52,920 2.53
ABNYY - Mro Holding Sell 100.00% 181,251 2.35
SIEGY - Co Ltd Ns Ag Sell 100.00% 60,781 2.35
SYT - Nta Ag Sell 100.00% 171,653 2.30
TELFY - Ealand Ltd Onica SA Sell 100.00% 97,985 2.25
EONGY - Ag Sell 100.00% 127,105 2.24
TTEN - Sa Sell 100.00% 75,851 2.22
TPGA - V Sell 100.00% 127,763 2.15
FRO - Frontline plc Sell 100.00% 120,968 2.07
81KX - Lecom Adr Sell 100.00% 195,654 2.05
SHG - Shinhan Financial Group Co., Ltd. Sell 100.00% 48,460 1.93
TKPPY - Ip SA Sell 100.00% 65,080 1.64
RIO - Rio Tinto Group Sell 100.00% 19,359 1.63
RTR$ - Rs Group Plc Sell 100.00% 67,005 1.45
SZEZY - Sa Sell 100.00% 71,993 1.41
TELNY - Or Asa Sell 100.00% 80,545 1.39
WHR - Whirlpool Corp. Sell 100.00% 17,800 0.66
TJX - The TJX Companies, Inc. Sell 100.00% 43,700 0.54
C - Citigroup Inc. Sell 100.00% 24,600 0.54
SLE - Lee Corp Sell 100.00% 66,000 0.47
AON-W - Orp Sell 100.00% 25,700 0.39
MSFT - Microsoft Corp. Sell 100.00% 26,600 0.32
TCADR - Om Corp Of Sell 100.00% 25 0.00
Q3 2006
CA - B Co C Add 42.48% 17,800 0.19
SNSAY - -Nielsen SA Add 28.02% 39,486 0.45
HSBC - HSBC Holdings plc Add 8.33% 2,633 0.11
PHG - Koninklijke Philips N.V. Add 3.23% 3,630 0.06
AP08 - D Irish Add 3.18% 2,583 0.06
CRH - CRH plc Add 3.08% 4,467 0.07
RDS.B - Nications Inc Dutch Shell Add 2.55% 3,171 0.10
HMC - Motor Co Ltd Add 2.48% 5,379 0.08
SNY - Sanofi Buy 225,952 4.46
VODD - One Group Plc Buy 356,752 3.62
BTI - British American Tobacco p.l.c. Buy 278,198 3.38
CSN - T Suisse Buy 111,726 2.87
BP - BP p.l.c. Buy 97,478 2.84
FTE - E Telecom SA Buy 265,272 2.74
MFC - Manulife Financial Corp. Buy 191,275 2.74
PKX - Adr Buy 95,038 2.74
AP47 - Smithkline Buy 115,718 2.73
ING - ING Groep N.V. Buy 139,111 2.71
NVS - Novartis AG Buy 116,691 2.71
PUBGY - Cis Groupe Buy 593,704 2.61
AXAHY - Plc A Buy 154,769 2.53
PTRCY - China Co Ltd Buy 52,920 2.53
ABNYY - Mro Holding Buy 181,251 2.35
SIEGY - Co Ltd Ns Ag Buy 121,562 2.35
SYT - Nta Ag Buy 171,653 2.30
TELFY - Ealand Ltd Onica SA Buy 293,955 2.25
EONGY - Ag Buy 127,105 2.24
TTEN - Sa Buy 75,851 2.22
TPGA - V Buy 127,763 2.15
FRO - Frontline plc Buy 24,194 2.07
81KX - Lecom Adr Buy 195,654 2.05
SHG - Shinhan Financial Group Co., Ltd. Buy 96,920 1.93
TKPPY - Ip SA Buy 65,080 1.64
RIO - Rio Tinto Group Buy 77,436 1.63
RTR$ - Rs Group Plc Buy 67,005 1.45
SZEZY - Sa Buy 71,993 1.41
TELNY - Or Asa Buy 241,635 1.39
WHR - Whirlpool Corp. Buy 17,800 0.66
C - Citigroup Inc. Buy 2,460 0.54
BOL - H & Lomb Inc Buy 21,500 0.48
MSFT - Microsoft Corp. Buy 26,600 0.32
TCADR - Om Corp Of Buy 25 0.00
RCI - Rogers Communications Inc. Reduce 27.85% 59,578 1.95
41IS - Ver Plc Reduce 29.18% 108,363 3.95
CAJPY - Inc Reduce 58.89% 53 0.00
BTTGY - Co Plc Oup Plc Reduce 99.90% 80,320 5.75
DEO - Diageo plc 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 2.48
RCI - Rogers Communications Inc. Add 36.67% 57,390 1.87
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 N.V. 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 plc Buy 25 0.00
UPBD - Upbound Group, Inc. Reduce 11.89% 6,600 0.29
ALL - The Allstate Corp. Reduce 11.90% 2,500 0.22
PFE - Pfizer Inc. Reduce 11.92% 6,746 0.27
TAN - Com Sh Sole None Radioshack Corp Reduce 11.93% 470 0.15
MET - MetLife, Inc. Reduce 11.95% 3,927 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
BMY - Bristol-Myers Squibb Co. Reduce 12.04% 6,600 0.28
SLE - Com Sh Sole None SAra Lee Corp Reduce 12.50% 1 0.29
TJX - The TJX Companies, Inc. Reduce 39.56% 114,400 1.21
CAJPY - Sh Sole None Canon Inc Reduce 99.90% 89,400 6.72
BA - The Boeing Co. Sell 100.00% 17,673 2.35
Q1 2006
AP08 - Com Sh Sole None Holding NV Adr Sh Sole None Allied Irish Add 508.78% 51,244 4.15
RDS.B - Communications Inc Sh Sole None Royal Dutch Shell Add 49.16% 37,230 4.14
BMY - Bristol-Myers Squibb Co. Add 43.46% 16,600 0.70
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 Add 34.99% 45,238 3.17
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 32.05% 18,915 1.25
CAJPY - Sh Sole None Canon Inc Add 28.93% 20,082 1.51
HMC - Sh Sole None Adr Sh Sole None - ---------------------------------------------------------------------------------------------------------------------------- Adr Sh Sole None Sh Sole None Adr Sh Sole None Honda Motor Co Ltd Amern Add 28.69% 42,518 2.25
PHG - Koninklijke Philips N.V. Add 27.98% 20,823 1.20
CRH - CRH plc Add 15.41% 16,213 0.97
SLE - Com Sh Sole None SAra Lee Corp Add 14.29% 1 0.29
ALL - The Allstate Corp. Add 12.30% 2,300 0.20
RCI - Rogers Communications Inc. Buy 156,520 5.10
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
CA - Com Sh Sole None Com Sh Sole None Ca Inc Buy 47,600 2.21
TAN - Com Sh Sole None Radioshack Corp Buy 3,940 1.29
BA - The Boeing Co. Reduce 19.20% 4,200 0.24
AON-W - Com Sh Sole None Aon Corp Reduce 39.42% 19,000 0.55
PTRCY - Adr Petrochina Co Ltd Spon Sell 100.00% 77,769 5.10
SNY - Sanofi Sell 100.00% 117,485 4.12
AP47 - Adr Frontline Ltd Shs Glaxosmithkline Spon Sell 100.00% 83,620 3.37
BTI - British American Tobacco p.l.c. Sell 100.00% 88,902 3.20
CSN - Adr Credit Suisse Spon Sell 100.00% 76,565 3.12
MFC - Manulife Financial Corp. Sell 100.00% 65,668 3.09
SZEZY - Adr Suez SA Spon Sell 100.00% 109,819 2.74
PKX - Sgps SA Adr Posco Adr Spon Sell 100.00% 69,011 2.73
SYT - Adr Syngenta Ag Spon Sell 100.00% 134,507 2.68
NVS - Novartis AG Sell 100.00% 63,200 2.65
AXAHY - Adr Axa SA Spon Sell 100.00% 101,118 2.61
ING - ING Groep N.V. Sell 100.00% 93,264 2.60
2670116Q - New Vivendi Universal Spon Sell 100.00% 102,926 2.58
ABNYY - Abn Amro Holding Spon Sell 100.00% 119,706 2.50
AWCMY - Banks Plc Ord Alumina Ltd Spon Sell 100.00% 139,601 2.44
SKM - Adr Sk Telecom Adr Spon Sell 100.00% 142,782 2.32
FTE - Adr France Telecom SA Spon Sell 100.00% 113,316 2.25
TTEN - Adr Total SA Spon Sell 100.00% 20,528 2.07
PTN - Adr Portugal Telecom Spon Sell 100.00% 244,670 1.97
TELNY - Adr Telenor Asa Spon Sell 100.00% 81,795 1.93
TCADR - Adr Telecom Corp Of Spon Sell 100.00% 73,133 1.91
EONGY - New E.on Ag Spon Sell 100.00% 68,308 1.89
TELFY - New Zealand Ltd Adr Telefonica SA Spon Sell 100.00% 48,343 1.74
TPGA - Adr Tnt NV Spon Sell 100.00% 67,360 1.68
BP - BP p.l.c. Sell 100.00% 27,341 1.40
WHR - Whirlpool Corp. Sell 100.00% 20,200 1.35
6684 - International Inc Hewlett-Packard Co Sell 100.00% 48,500 1.11
C - Citigroup Inc. Sell 100.00% 24,300 0.94
CI - The Cigna Group Sell 100.00% 9,400 0.84
KT - KT Corp. Sell 100.00% 155 0.00
81KX - Adr Reed Elsevier Plc Spon Sell 100.00% 45 0.00
RTR$ - Adr Reuters Group Plc Spon Sell 100.00% 35 0.00
DEO - Diageo plc Sell 100.00% 10 0.00