| Security | Market Valueª | Shares or Principal | Investment
Discretion | Other
Managersº | Voting Authority |
|---|
| Issuer Name | Issue Class | Opt. | CUSIP/CINS | $1000s | Weight | Amount | S/P | Price | Sole | Shared | None |
|---|
 | | | | | | | | | ↓List | (S/P Amounts or For All) |
|---|
|
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | – | 01609W·10·2 | 184,992 | 18.27% | 997,119 | Sh. | 185.53 | Defined | – | 495,438 | 331,856 | 169,825 |
| ALPHABET INC | CAP STK CL A | – | 02079K·30·5 | 285 | 0.03% | 252 | Sh. | 1,130.95 | Defined | – | Sole | – | – |
| AMBEV SA | SPONSORED ADR | – | 02319V·10·3 | 13,997 | 1.38% | 3,023,137 | Sh. | 4.63 | Defined | – | 2,105,820 | 278,248 | 639,069 |
| BAIDU INC | SPON ADR REP A | – | 056752·10·8 | 175,581 | 17.34% | 722,556 | Sh. | 243.00 | Defined | – | 328,967 | 282,805 | 110,784 |
| BANCO BRADESCO S A | SP ADR PFD NEW | – | 059460·30·3 | 27,936 | 2.76% | 4,072,293 | Sh. | 6.86 | Defined | – | 2,700,980 | 379,988 | 991,325 |
| BANCO DE CHILE | SPONSORED ADR | – | 059520·10·6 | 18,102 | 1.79% | 194,765 | Sh. | 92.94 | Defined | – | 130,107 | 17,842 | 46,816 |
| BANCOLOMBIA S A | SPON ADR PREF | – | 05968L·10·2 | 23,311 | 2.30% | 487,874 | Sh. | 47.78 | Defined | – | 317,053 | 44,962 | 125,859 |
| BOOKING HLDGS INC | COM | – | 09857L·10·8 | 4,447 | 0.44% | 2,194 | Sh. | 2,026.89 | Defined | – | 161 | 2,033 | – |
| CHINA PETE & CHEM CORP | SPON ADR H SHS | – | 16941R·10·8 | 48,201 | 4.76% | 536,533 | Sh. | 89.84 | Defined | – | 356,772 | 50,456 | 129,305 |
| COPA HOLDINGS SA | CL A | – | P31076·10·5 | 18,152 | 1.79% | 191,837 | Sh. | 94.62 | Defined | – | 127,846 | 17,349 | 46,642 |
| CREDICORP LTD | COM | – | G2519Y·10·8 | 48,422 | 4.78% | 215,094 | Sh. | 225.12 | Defined | – | 121,873 | 50,003 | 43,218 |
| CTRIP COM INTL LTD | AMERICAN DEP SHS | – | 22943F·10·0 | 30,841 | 3.05% | 647,502 | Sh. | 47.63 | Defined | – | 48,465 | 599,037 | – |
| DISNEY WALT CO | COM DISNEY | – | 254687·10·6 | 3,944 | 0.39% | 37,627 | Sh. | 104.82 | Defined | – | 2,118 | 35,509 | – |
| GRUPO FINANCIERO GALICIA S A | SP ADR 10 SH B | – | 399909·10·0 | 10,243 | 1.01% | 310,575 | Sh. | 32.98 | Defined | – | 196,725 | 43,209 | 70,641 |
| HDFC BANK LTD | ADR REPS 3 SHS | – | 40415F·10·1 | 67,504 | 6.67% | 642,769 | Sh. | 105.02 | Defined | – | 167,727 | 426,115 | 48,927 |
| HUAZHU GROUP LTD | SPONSORED ADS | – | 44332N·10·6 | 2,699 | 0.27% | 64,266 | Sh. | 42.00 | Defined | – | 4,410 | 59,856 | – |
| INFOSYS LTD | SPONSORED ADR | – | 456788·10·8 | 14,271 | 1.41% | 734,447 | Sh. | 19.43 | Defined | – | 492,193 | 64,177 | 178,077 |
| IQIYI INC | SPONSORED ADS | – | 46267X·10·8 | 23,384 | 2.31% | 723,950 | Sh. | 32.30 | Defined | – | 275,767 | 356,968 | 91,215 |
| ISHARES TR | MSCI INDIA ETF | – | 46429B·59·8 | 984 | 0.10% | 29,587 | Sh. | 33.26 | Defined | – | – | – | None |
| ITAU UNIBANCO HLDG SA | SPON ADR REP PFD | – | 465562·10·6 | 29,355 | 2.90% | 2,828,139 | Sh. | 10.38 | Defined | – | 1,879,412 | 264,995 | 683,732 |
| MAKEMYTRIP LIMITED MAURITIUS | SHS | – | V5633W·10·9 | 10,577 | 1.04% | 292,589 | Sh. | 36.15 | Defined | – | 22,674 | 269,915 | – |
| MASTERCARD INCORPORATED | CL A | – | 57636Q·10·4 | 20,707 | 2.04% | 105,369 | Sh. | 196.52 | Defined | – | 5,339 | 100,030 | – |
| NETEASE INC | SPONSORED ADR | – | 64110W·10·2 | 21,014 | 2.07% | 83,166 | Sh. | 252.68 | Defined | – | 42,023 | 26,524 | 14,619 |
| NEW ORIENTAL ED & TECH GRP I | SPON ADR | – | 647581·10·7 | 13,422 | 1.33% | 141,787 | Sh. | 94.66 | Defined | – | 12,600 | 129,187 | – |
| NIKE INC | CL B | – | 654106·10·3 | 4,741 | 0.47% | 59,499 | Sh. | 79.68 | Defined | – | 3,483 | 56,016 | – |
| NOAH HLDGS LTD | SPON ADS CL A | – | 65487X·10·2 | 11,793 | 1.16% | 226,128 | Sh. | 52.15 | Defined | – | 125,252 | 56,371 | 44,505 |
| QUALCOMM INC | COM | – | 747525·10·3 | 45,590 | 4.50% | 812,359 | Sh. | 56.12 | Defined | – | 60,136 | 752,223 | – |
| STARBUCKS CORP | COM | – | 855244·10·9 | 4,046 | 0.40% | 82,832 | Sh. | 48.85 | Defined | – | 6,082 | 76,750 | – |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADR | – | 874039·10·0 | 32,500 | 3.21% | 888,955 | Sh. | 36.56 | Defined | – | Sole | – | – |
| TIFFANY & CO NEW | COM | – | 886547·10·8 | 2,273 | 0.22% | 17,273 | Sh. | 131.59 | Defined | – | 1,309 | 15,964 | – |
| VALE S A | ADR | – | 91912E·10·5 | 25,558 | 2.52% | 1,993,638 | Sh. | 12.82 | Defined | – | 1,337,645 | 174,345 | 481,648 |
| VIPSHOP HLDGS LTD | SPONSORED ADR | – | 92763W·10·3 | 3,800 | 0.38% | 350,226 | Sh. | 10.85 | Defined | – | 32,659 | 317,567 | – |
| YUM CHINA HLDGS INC | COM | – | 98850P·10·9 | 70,099 | 6.92% | 1,822,640 | Sh. | 38.46 | Defined | – | 663,809 | 947,192 | 211,639 |
| — 33 Issuers — | — 33 Issues — | — 33 Holdings: $1,012,771,000 — | — Sole Manager — |
____________
ª No market value of any Holding was adjusted.
º Other Included Managers with whom investment discretion is shared as to any Holding: No Other Included Managers [ 1 Not Allocated Above ] |
|
