Hardman Johnston Global Advisors LLC Activity Q4 1999-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
FTI	Sell	TECHNIPFMC PLC	$274,776,640	-8.7%	13,509,176	-25.4%	9.22%	-5.6%
MELI	Buy	MERCADOLIBRE INC	$257,484,874	+82.9%	203,083	+70.9%	8.64%	+89.3%
	Buy	ATLASSIAN CORPORATIONcl a	$174,937,884	+26.1%	868,135	+5.0%	5.87%	+30.5%
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored ads	$166,120,024	+39.9%	1,915,149	+34.5%	5.57%	+44.8%
ALKS	Sell	ALKERMES PLC	$157,081,873	-12.9%	5,608,064	-2.7%	5.27%	-9.9%
IBN	Sell	ICICI BANK LIMITEDadr	$128,047,415	-11.3%	5,538,383	-11.4%	4.30%	-8.2%
MLCO	Sell	MELCO RESORTS AND ENTMNT LTDadr	$122,862,105	-23.5%	12,422,862	-5.6%	4.12%	-20.9%
APTV	Buy	APTIV PLC	$121,364,191	+41.5%	1,230,999	+46.6%	4.07%	+46.5%
NVDA	Sell	NVIDIA CORPORATION	$86,997,130	+0.8%	199,998	-2.0%	2.92%	+4.3%
MSFT	Buy	MICROSOFT CORP	$81,665,580	-5.8%	258,640	+1.6%	2.74%	-2.5%
HWM	Sell	HOWMET AEROSPACE INC	$75,068,283	-16.0%	1,623,098	-10.0%	2.52%	-13.1%
MA	Sell	MASTERCARD INCORPORATEDcl a	$72,930,581	-0.6%	184,210	-1.3%	2.45%	+2.9%
VRT	Sell	VERTIV HOLDINGS CO	$67,519,488	-7.2%	1,815,040	-38.2%	2.26%	-4.0%
OLED	Buy	UNIVERSAL DISPLAY CORP	$64,128,688	+33.7%	408,489	+22.8%	2.15%	+38.3%
IQV	Buy	IQVIA HLDGS INC	$62,199,758	-12.2%	316,136	+0.3%	2.09%	-9.1%
VRTX	Sell	VERTEX PHARMACEUTICALS INC	$61,147,645	-2.1%	175,843	-0.9%	2.05%	+1.3%
GOOGL	Buy	ALPHABET INCcap stk cl a	$60,975,918	+12.4%	465,963	+2.8%	2.05%	+16.4%
ASML	Sell	ASML HOLDING N V	$60,252,294	-39.2%	102,355	-25.1%	2.02%	-37.0%
UNH	Sell	UNITEDHEALTH GROUP INC	$47,420,078	+3.9%	94,052	-1.0%	1.59%	+7.5%
MMC	Sell	MARSH & MCLENNAN COS INC	$46,450,327	-0.1%	244,090	-1.2%	1.56%	+3.4%
AAPL	Sell	APPLE INC	$45,591,511	-12.8%	266,290	-1.2%	1.53%	-9.7%
AZN	Sell	ASTRAZENECA PLCsponsored adr	$44,263,620	-7.8%	653,627	-2.5%	1.48%	-4.6%
ADBE	Sell	ADOBE INC	$44,123,177	+3.0%	86,533	-1.2%	1.48%	+6.6%
CTVA	Sell	CORTEVA INC	$39,385,321	-11.8%	769,846	-1.2%	1.32%	-8.8%
TMUS	Sell	T-MOBILE US INC	$35,190,364	-0.5%	251,270	-1.3%	1.18%	+3.1%
AMZN	Sell	AMAZON COM INC	$34,565,835	-3.3%	271,915	-0.8%	1.16%	+0.2%
BSX	Sell	BOSTON SCIENTIFIC CORP	$34,326,864	-14.8%	650,130	-12.7%	1.15%	-11.7%
COTY	Buy	COTY INC	$33,404,418	+3.6%	3,045,070	+16.0%	1.12%	+7.2%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$32,714,790	+8.5%	135,983	-0.9%	1.10%	+12.4%
CMCSA	Sell	COMCAST CORP NEWcl a	$32,416,398	+6.0%	731,087	-0.7%	1.09%	+9.8%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$29,558,340	-41.7%	340,142	-32.3%	0.99%	-39.6%
BDX	Sell	BECTON DICKINSON & CO	$25,539,662	-3.6%	98,788	-1.5%	0.86%	-0.2%
	Buy	WOLFSPEED INC	$24,148,275	-30.8%	633,813	+0.9%	0.81%	-28.4%
XRAY	Buy	DENTSPLY SIRONA INC	$23,069,512	-13.8%	675,337	+1.0%	0.77%	-10.7%
EW	Sell	EDWARDS LIFESCIENCES CORP	$22,961,193	-27.4%	331,426	-1.1%	0.77%	-24.9%
JNJ	Sell	JOHNSON & JOHNSON	$22,474,569	-6.6%	144,299	-0.8%	0.75%	-3.3%
ALB	Sell	ALBEMARLE CORP	$21,602,222	-24.5%	127,042	-0.9%	0.72%	-21.8%
GMAB	Sell	GENMAB A/Ssponsored ads	$20,891,056	-11.7%	592,318	-4.8%	0.70%	-8.6%
GOOG	Buy	ALPHABET INCcap stk cl c	$19,420,187	+21.8%	147,290	+11.7%	0.65%	+26.1%
MDT	Sell	MEDTRONIC PLC	$17,824,784	-12.9%	227,473	-2.0%	0.60%	-9.8%
CW	Buy	CURTISS WRIGHT CORP	$17,041,329	+415.5%	87,110	+383.9%	0.57%	+434.6%
FMC	Sell	FMC CORP	$15,742,169	-37.1%	235,063	-2.0%	0.53%	-34.9%
BMRN	Sell	BIOMARIN PHARMACEUTICAL INC	$15,230,062	+1.3%	172,130	-0.8%	0.51%	+4.7%
AEIS	Sell	ADVANCED ENERGY INDS	$13,879,436	-7.9%	134,595	-0.4%	0.47%	-4.5%
SWK	Buy	STANLEY BLACK & DECKER INC	$12,922,889	-10.6%	154,617	+0.2%	0.43%	-7.5%
HDB	Sell	HDFC BANK LTDsponsored ads	$12,858,692	-15.4%	217,907	-0.1%	0.43%	-12.6%
SLB	Sell	SCHLUMBERGER LTD	$12,529,253	-36.0%	214,910	-46.1%	0.42%	-33.9%
LDOS	Sell	LEIDOS HOLDINGS INC	$10,950,451	-37.8%	118,820	-40.3%	0.37%	-35.7%
ANTM	Sell	ELEVANCE HEALTH INC	$9,913,643	-4.3%	22,768	-2.4%	0.33%	-0.9%
BIL	Buy	SPDR SER TRbloomberg 1-3 mo	$9,732,920	+960.0%	106,000	+960.0%	0.33%	+990.0%
PYPL	Sell	PAYPAL HLDGS INC	$8,949,934	-51.4%	153,095	-44.6%	0.30%	-49.7%
ILMN	Sell	ILLUMINA INC	$8,843,715	-30.8%	64,421	-5.5%	0.30%	-28.3%
ABT	Sell	ABBOTT LABS	$4,319,704	-12.5%	44,602	-1.6%	0.14%	-9.4%
NVO	Buy	NOVO-NORDISK A Sadr	$3,657,243	+7.8%	40,216	+91.8%	0.12%	+11.8%
BA	Buy	BOEING CO	$3,156,011	-1.0%	16,465	+9.1%	0.11%	+2.9%
RTX	Sell	RTX CORPORATION	$2,932,778	-30.1%	40,750	-4.8%	0.10%	-27.9%
PG	Sell	PROCTER AND GAMBLE CO	$2,435,862	-6.0%	16,700	-2.2%	0.08%	-2.4%
PHG	Buy	KONINKLIJKE PHILIPS N V	$2,435,930	+505.3%	122,163	+558.5%	0.08%	+530.8%
TCOM	New	TRIP COM GROUP LTDads	$352,847	–	10,090	–	0.01%	–
PAGS	Buy	PAGSEGURO DIGITAL LTD	$319,775	+41.1%	37,140	+54.7%	0.01%	+57.1%
CCJ	New	CAMECO CORP	$242,597	–	6,120	–	0.01%	–
BXMT	Sell	BLACKSTONE MTG TR INC	$206,625	-1.7%	9,500	-5.9%	0.01%	0.0%
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-39,037	–	-0.03%	–
JD	Exit	JD.COM INCspon adr cl a	$0	–	-110,450	–	-0.12%	–
SE	Exit	SEA LTDsponsord ads	$0	–	-1,593,202	–	-3.00%	–

Q2 2023

			Value		Shares		↓ Weighting
FTI	New	TECHNIPFMC PLC	$301,119,598	–	18,117,906	–	9.76%	–
ALKS	New	ALKERMES PLC	$180,368,003	–	5,762,556	–	5.85%	–
MLCO	New	MELCO RESORTS AND ENTMNT LTDadr	$160,652,745	–	13,157,473	–	5.21%	–
IBN	New	ICICI BANK LIMITEDadr	$144,345,828	–	6,254,152	–	4.68%	–
MELI	New	MERCADOLIBRE INC	$140,782,602	–	118,844	–	4.56%	–
	New	ATLASSIAN CORPORATIONcl a	$138,765,110	–	826,918	–	4.50%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$118,708,737	–	1,424,220	–	3.85%	–
ASML	New	ASML HOLDING N V	$99,021,868	–	136,629	–	3.21%	–
SE	New	SEA LTDsponsord ads	$92,469,444	–	1,593,202	–	3.00%	–
HWM	New	HOWMET AEROSPACE INC	$89,346,173	–	1,802,788	–	2.90%	–
MSFT	New	MICROSOFT CORP	$86,690,246	–	254,567	–	2.81%	–
NVDA	New	NVIDIA CORPORATION	$86,341,343	–	204,107	–	2.80%	–
APTV	New	APTIV PLC	$85,747,127	–	839,917	–	2.78%	–
MA	New	MASTERCARD INCORPORATEDcl a	$73,403,939	–	186,636	–	2.38%	–
VRT	New	VERTIV HOLDINGS CO	$72,769,058	–	2,937,790	–	2.36%	–
IQV	New	IQVIA HLDGS INC	$70,829,747	–	315,121	–	2.30%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$62,449,949	–	177,460	–	2.02%	–
GOOGL	New	ALPHABET INCcap stk cl a	$54,246,604	–	453,188	–	1.76%	–
AAPL	New	APPLE INC	$52,288,493	–	269,570	–	1.70%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$50,668,703	–	502,068	–	1.64%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$47,995,916	–	670,615	–	1.56%	–
OLED	New	UNIVERSAL DISPLAY CORP	$47,960,266	–	332,757	–	1.56%	–
MMC	New	MARSH & MCLENNAN COS INC	$46,483,032	–	247,145	–	1.51%	–
UNH	New	UNITEDHEALTH GROUP INC	$45,653,110	–	94,984	–	1.48%	–
CTVA	New	CORTEVA INC	$44,656,526	–	779,346	–	1.45%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$42,819,876	–	87,568	–	1.39%	–
BSX	New	BOSTON SCIENTIFIC CORP	$40,271,087	–	744,520	–	1.30%	–
AMZN	New	AMAZON COM INC	$35,734,935	–	274,125	–	1.16%	–
TMUS	New	T-MOBILE US INC	$35,355,328	–	254,538	–	1.15%	–
	New	WOLFSPEED INC	$34,913,466	–	628,053	–	1.13%	–
COTY	New	COTY INC	$32,256,580	–	2,624,620	–	1.05%	–
EW	New	EDWARDS LIFESCIENCES CORP	$31,620,925	–	335,216	–	1.02%	–
CMCSA	New	COMCAST CORP NEWcl a	$30,581,091	–	736,007	–	0.99%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$30,153,649	–	137,193	–	0.98%	–
ALB	New	ALBEMARLE CORP	$28,595,007	–	128,177	–	0.93%	–
XRAY	New	DENTSPLY SIRONA INC	$26,756,852	–	668,587	–	0.87%	–
BDX	New	BECTON DICKINSON & CO	$26,484,955	–	100,318	–	0.86%	–
FMC	New	FMC CORP	$25,020,002	–	239,793	–	0.81%	–
JNJ	New	JOHNSON & JOHNSON	$24,071,408	–	145,429	–	0.78%	–
GMAB	New	GENMAB A/Ssponsored ads	$23,657,690	–	622,407	–	0.77%	–
MDT	New	MEDTRONIC PLC	$20,457,965	–	232,213	–	0.66%	–
SLB	New	SCHLUMBERGER LTD	$19,585,618	–	398,730	–	0.64%	–
PYPL	New	PAYPAL HLDGS INC	$18,431,160	–	276,205	–	0.60%	–
LDOS	New	LEIDOS HOLDINGS INC	$17,608,670	–	199,013	–	0.57%	–
GOOG	New	ALPHABET INCcap stk cl c	$15,947,475	–	131,830	–	0.52%	–
HDB	New	HDFC BANK LTDsponsored ads	$15,204,846	–	218,147	–	0.49%	–
BMRN	New	BIOMARIN PHARMACEUTICAL INC	$15,041,580	–	173,530	–	0.49%	–
AEIS	New	ADVANCED ENERGY INDS	$15,063,025	–	135,155	–	0.49%	–
SWK	New	STANLEY BLACK & DECKER INC	$14,456,361	–	154,267	–	0.47%	–
ILMN	New	ILLUMINA INC	$12,785,131	–	68,191	–	0.41%	–
ANTM	New	ELEVANCE HEALTH INC	$10,363,509	–	23,326	–	0.34%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$5,764,484	–	218,766	–	0.19%	–
ABT	New	ABBOTT LABS	$4,939,260	–	45,306	–	0.16%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$4,192,688	–	42,800	–	0.14%	–
JD	New	JD.COM INCspon adr cl a	$3,769,659	–	110,450	–	0.12%	–
PLD	New	PROLOGIS INC.	$3,515,434	–	28,667	–	0.11%	–
NVO	New	NOVO-NORDISK A Sadr	$3,394,061	–	20,973	–	0.11%	–
CW	New	CURTISS WRIGHT CORP	$3,305,880	–	18,000	–	0.11%	–
BA	New	BOEING CO	$3,186,404	–	15,090	–	0.10%	–
PG	New	PROCTER AND GAMBLE CO	$2,591,416	–	17,078	–	0.08%	–
MRVL	New	MARVELL TECHNOLOGY INC	$2,294,954	–	38,390	–	0.07%	–
MRK	New	MERCK & CO INC	$1,471,223	–	12,750	–	0.05%	–
MTB	New	M & T BK CORP	$1,315,569	–	10,630	–	0.04%	–
MCHP	New	MICROCHIP TECHNOLOGY INC.	$1,146,752	–	12,800	–	0.04%	–
XOM	New	EXXON MOBIL CORP	$952,702	–	8,883	–	0.03%	–
BIL	New	SPDR SER TRbloomberg 1-3 mo	$918,200	–	10,000	–	0.03%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$934,155	–	39,037	–	0.03%	–
CVX	New	CHEVRON CORP NEW	$865,425	–	5,500	–	0.03%	–
OKE	New	ONEOK INC NEW	$780,696	–	12,649	–	0.02%	–
HSY	New	HERSHEY CO	$724,130	–	2,900	–	0.02%	–
PHG	New	KONINKLIJKE PHILIPS N V	$402,415	–	18,553	–	0.01%	–
DEO	New	DIAGEO PLCspon adr new	$381,656	–	2,200	–	0.01%	–
	New	SHELL PLCspon ads	$350,204	–	5,800	–	0.01%	–
HIW	New	HIGHWOODS PPTYS INC	$279,747	–	11,700	–	0.01%	–
PAGS	New	PAGSEGURO DIGITAL LTD	$226,654	–	24,010	–	0.01%	–
BXMT	New	BLACKSTONE MTG TR INC	$210,181	–	10,100	–	0.01%	–

Q4 2022

			Value		Shares		↓ Weighting
EIM	Exit	EATON VANCE MUN BD FD	$0	–	-13,123	–	-0.01%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-1,060	–	-0.01%	–
PHG	Exit	KONINKLIJKE PHILIPS N V	$0	–	-17,760	–	-0.01%	–
IAA	Exit	IAA INC	$0	–	-8,260	–	-0.01%	–
	Exit	SHELL PLCspon ads	$0	–	-5,800	–	-0.01%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-13,150	–	-0.01%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-2,609	–	-0.01%	–
	Exit	EMBECTA CORP	$0	–	-10,454	–	-0.01%	–
PAGS	Exit	PAGSEGURO DIGITAL LTD	$0	–	-26,310	–	-0.02%	–
DEO	Exit	DIAGEO PLCspon adr new	$0	–	-2,200	–	-0.02%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-41,119	–	-0.03%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.03%	–
OKE	Exit	ONEOK INC NEW	$0	–	-14,149	–	-0.03%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-8,883	–	-0.04%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-29,700	–	-0.04%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-6,400	–	-0.04%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC.	$0	–	-15,000	–	-0.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-12,750	–	-0.05%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-3,005	–	-0.05%	–
BIL	Exit	SPDR SER TRbloomberg 1-3 mo	$0	–	-14,230	–	-0.06%	–
MTB	Exit	M & T BK CORP	$0	–	-11,730	–	-0.09%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-17,878	–	-0.10%	–
PLD	Exit	PROLOGIS INC.	$0	–	-28,896	–	-0.13%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-29,848	–	-0.13%	–
ABT	Exit	ABBOTT LABS	$0	–	-47,039	–	-0.20%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-227,412	–	-0.24%	–
RCL	Exit	ROYAL CARIBBEAN GROUP	$0	–	-158,120	–	-0.27%	–
JD	Exit	JD.COM INCspon adr cl a	$0	–	-131,165	–	-0.30%	–
COTY	Exit	COTY INC	$0	–	-1,190,340	–	-0.34%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-10,067	–	-0.38%	–
ANTM	Exit	ELEVANCE HEALTH INC	$0	–	-20,426	–	-0.42%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-120,350	–	-0.47%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-159,841	–	-0.54%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-221,500	–	-0.58%	–
XRAY	Exit	DENTSPLY SIRONA INC	$0	–	-475,440	–	-0.61%	–
MU	Exit	MICRON TECHNOLOGY INC	$0	–	-302,337	–	-0.68%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-166,080	–	-0.72%	–
LDOS	Exit	LEIDOS HOLDINGS INC	$0	–	-197,994	–	-0.78%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-495,140	–	-0.80%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-611,704	–	-0.81%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-246,152	–	-0.90%	–
AMZN	Exit	AMAZON COM INC	$0	–	-196,520	–	-1.00%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-300,430	–	-1.00%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-105,918	–	-1.06%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-89,695	–	-1.11%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-156,567	–	-1.15%	–
GMAB	Exit	GENMAB A/Ssponsored ads	$0	–	-844,609	–	-1.22%	–
FMC	Exit	FMC CORP	$0	–	-256,902	–	-1.22%	–
OLED	Exit	UNIVERSAL DISPLAY CORP	$0	–	-291,717	–	-1.24%	–
VRT	Exit	VERTIV HOLDINGS CO	$0	–	-2,841,795	–	-1.24%	–
AEIS	Exit	ADVANCED ENERGY INDS	$0	–	-380,933	–	-1.33%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-835,220	–	-1.46%	–
TJX	Exit	TJX COS INC NEW	$0	–	-549,540	–	-1.54%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-135,520	–	-1.61%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-280,580	–	-1.69%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-320,517	–	-1.75%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-267,285	–	-1.80%	–
AAPL	Exit	APPLE INC	$0	–	-298,668	–	-1.86%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-183,996	–	-1.87%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-781,976	–	-1.93%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-646,018	–	-1.99%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-481,932	–	-2.08%	–
	Exit	WOLFSPEED INC	$0	–	-507,402	–	-2.36%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-104,133	–	-2.37%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-672,198	–	-2.50%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-198,233	–	-2.54%	–
CTVA	Exit	CORTEVA INC	$0	–	-996,572	–	-2.56%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-336,304	–	-2.74%	–
SE	Exit	SEA LTDsponsord ads	$0	–	-1,088,271	–	-2.74%	–
HWM	Exit	HOWMET AEROSPACE INC	$0	–	-1,976,018	–	-2.75%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-214,000	–	-2.79%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-287,491	–	-3.01%	–
ASML	Exit	ASML HOLDING N V	$0	–	-206,667	–	-3.86%	–
MLCO	Exit	MELCO RESORTS AND ENTMNT LTDadr	$0	–	-19,201,192	–	-5.73%	–
ALKS	Exit	ALKERMES PLC	$0	–	-5,734,259	–	-5.76%	–
IBN	Exit	ICICI BANK LIMITEDadr	$0	–	-8,965,401	–	-8.46%	–
APTV	Exit	APTIV PLC	$0	–	-2,459,087	–	-8.66%	–

Q3 2022

			Value		Shares		↓ Weighting
APTV	Sell	APTIV PLC	$192,325,000	-12.9%	2,459,087	-0.8%	8.66%	-7.7%
IBN	Sell	ICICI BANK LIMITEDadr	$188,004,000	+17.2%	8,965,401	-0.8%	8.46%	+24.3%
ALKS	Buy	ALKERMES PLC	$128,046,000	-19.8%	5,734,259	+7.0%	5.76%	-15.0%
MLCO	Sell	MELCO RESORTS AND ENTMNT LTDadr	$127,304,000	+14.7%	19,201,192	-0.5%	5.73%	+21.6%
ASML	Sell	ASML HOLDING N V	$85,839,000	-16.9%	206,667	-4.8%	3.86%	-11.9%
MSFT	Buy	MICROSOFT CORP	$66,957,000	-2.5%	287,491	+7.5%	3.01%	+3.4%
VRTX	Sell	VERTEX PHARMACEUTICALS INC	$61,962,000	-5.2%	214,000	-7.7%	2.79%	+0.5%
HWM	Buy	HOWMET AEROSPACE INC	$61,118,000	+8.1%	1,976,018	+9.9%	2.75%	+14.7%
SE	Buy	SEA LTDsponsord ads	$60,998,000	+10.7%	1,088,271	+32.0%	2.74%	+17.4%
IQV	Buy	IQVIA HLDGS INC	$60,918,000	-7.6%	336,304	+10.7%	2.74%	-2.0%
CTVA	Buy	CORTEVA INC	$56,954,000	+22.4%	996,572	+16.0%	2.56%	+29.8%
MA	Buy	MASTERCARD INCORPORATEDcl a	$56,366,000	-1.2%	198,233	+9.6%	2.54%	+4.7%
EW	Buy	EDWARDS LIFESCIENCES CORP	$55,544,000	-3.7%	672,198	+10.8%	2.50%	+2.1%
UNH	Sell	UNITEDHEALTH GROUP INC	$52,591,000	-2.4%	104,133	-0.7%	2.37%	+3.5%
	Buy	WOLFSPEED INC	$52,445,000	+88.8%	507,402	+15.9%	2.36%	+100.2%
GOOGL	Buy	ALPHABET INCcap stk cl a	$46,097,000	-9.2%	481,932	+1968.5%	2.08%	-3.7%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$44,291,000	-19.7%	646,018	-4.3%	1.99%	-14.9%
AZN	Sell	ASTRAZENECA PLCsponsored adr	$42,884,000	-18.2%	781,976	-1.4%	1.93%	-13.3%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$41,618,000	+7.1%	183,996	-0.6%	1.87%	+13.5%
AAPL	Sell	APPLE INC	$41,276,000	-2.1%	298,668	-3.1%	1.86%	+3.9%
MMC	Sell	MARSH & MCLENNAN COS INC	$39,903,000	-5.1%	267,285	-1.3%	1.80%	+0.6%
NVDA	Buy	NVIDIA CORPORATION	$38,908,000	-14.4%	320,517	+6.9%	1.75%	-9.2%
TMUS	Buy	T-MOBILE US INC	$37,645,000	+19.3%	280,580	+19.7%	1.69%	+26.5%
ALB	Sell	ALBEMARLE CORP	$35,837,000	+5.5%	135,520	-16.6%	1.61%	+11.9%
TJX	Buy	TJX COS INC NEW	$34,137,000	+39.4%	549,540	+25.3%	1.54%	+47.7%
BSX	Buy	BOSTON SCIENTIFIC CORP	$32,348,000	+37.0%	835,220	+31.8%	1.46%	+45.3%
AEIS	Buy	ADVANCED ENERGY INDS	$29,488,000	+7.4%	380,933	+1.3%	1.33%	+13.9%
VRT	Buy	VERTIV HOLDINGS CO	$27,622,000	+34.3%	2,841,795	+13.6%	1.24%	+42.4%
OLED	Buy	UNIVERSAL DISPLAY CORP	$27,523,000	+5.4%	291,717	+13.0%	1.24%	+11.8%
FMC	Buy	FMC CORP	$27,155,000	+0.2%	256,902	+1.4%	1.22%	+6.2%
GMAB	Sell	GENMAB A/Ssponsored ads	$27,137,000	-10.5%	844,609	-9.5%	1.22%	-5.1%
JNJ	Buy	JOHNSON & JOHNSON	$25,577,000	-7.2%	156,567	+0.9%	1.15%	-1.6%
ADBE	Sell	ADOBE SYSTEMS INCORPORATED	$24,684,000	-45.2%	89,695	-27.1%	1.11%	-41.9%
BDX	Sell	BECTON DICKINSON & CO	$23,602,000	-9.9%	105,918	-0.3%	1.06%	-4.5%
ATVI	Buy	ACTIVISION BLIZZARD INC	$22,334,000	+23.4%	300,430	+29.2%	1.00%	+30.7%
AMZN	Buy	AMAZON COM INC	$22,207,000	+33.1%	196,520	+25.1%	1.00%	+41.1%
MDT	Sell	MEDTRONIC PLC	$19,877,000	-10.3%	246,152	-0.3%	0.90%	-4.8%
CMCSA	Sell	COMCAST CORP NEWcl a	$17,941,000	-25.7%	611,704	-0.6%	0.81%	-21.3%
SLB	Buy	SCHLUMBERGER LTD	$17,776,000	+138.6%	495,140	+137.6%	0.80%	+153.2%
LDOS	Buy	LEIDOS HOLDINGS INC	$17,319,000	-8.9%	197,994	+4.9%	0.78%	-3.5%
GOOG	Buy	ALPHABET INCcap stk cl c	$15,969,000	+9.2%	166,080	+2385.1%	0.72%	+15.8%
MU	Buy	MICRON TECHNOLOGY INC	$15,147,000	+12.0%	302,337	+23.6%	0.68%	+18.8%
XRAY	Sell	DENTSPLY SIRONA INC	$13,479,000	-21.4%	475,440	-0.9%	0.61%	-16.5%
HDB	Buy	HDFC BANK LTDsponsored ads	$12,940,000	+6.4%	221,500	+0.1%	0.58%	+12.8%
SWK	Buy	STANLEY BLACK & DECKER INC	$12,022,000	-28.2%	159,841	+0.1%	0.54%	-23.9%
PYPL	Buy	PAYPAL HLDGS INC	$10,359,000	+58.5%	120,350	+28.6%	0.47%	+68.2%
ANTM	New	ELEVANCE HEALTH INC	$9,278,000	–	20,426	–	0.42%	–
MELI	Buy	MERCADOLIBRE INC	$8,333,000	+3775.8%	10,067	+2887.2%	0.38%	+4066.7%
COTY	Buy	COTY INC	$7,523,000	+0.2%	1,190,340	+27.0%	0.34%	+6.3%
JD	Sell	JD.COM INCspon adr cl a	$6,598,000	-25.6%	131,165	-5.1%	0.30%	-21.2%
RCL	Sell	ROYAL CARIBBEAN GROUP	$5,993,000	-5.6%	158,120	-13.0%	0.27%	+0.4%
EPD	Buy	ENTERPRISE PRODS PARTNERS L	$5,408,000	-2.1%	227,412	+0.3%	0.24%	+3.4%
ABT	Sell	ABBOTT LABS	$4,551,000	-11.0%	47,039	-0.0%	0.20%	-5.5%
NVO	Sell	NOVO-NORDISK A Sadr	$2,974,000	-31.6%	29,848	-23.5%	0.13%	-27.6%
PG	Sell	PROCTER AND GAMBLE CO	$2,257,000	-15.1%	17,878	-3.2%	0.10%	-9.7%
MTB	Sell	M & T BK CORP	$2,068,000	+1.9%	11,730	-7.9%	0.09%	+8.1%
BIL	Sell	SPDR SER TRbloomberg 1-3 mo	$1,303,000	-68.1%	14,230	-68.1%	0.06%	-65.9%
CVX	Buy	CHEVRON CORP NEW	$919,000	+0.8%	6,400	+1.6%	0.04%	+5.1%
FMS	Sell	FRESENIUS MED CARE AG&CO KGAsponsored adr	$577,000	-52.0%	41,119	-14.7%	0.03%	-49.0%
	Sell	EMBECTA CORP	$301,000	-44.2%	10,454	-50.9%	0.01%	-39.1%
BXMT	Buy	BLACKSTONE MTG TR INC	$307,000	-11.5%	13,150	+4.8%	0.01%	-6.7%
AMAT	Exit	APPLIED MATLS INC	$0	–	-2,225	–	-0.01%	–
DLO	Exit	DLOCAL LTD	$0	–	-9,660	–	-0.01%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-665,358	–	-5.29%	–

Q2 2022

			Value		Shares		↓ Weighting
APTV	New	APTIV PLC	$220,878,000	–	2,479,828	–	9.38%	–
IBN	New	ICICI BANK LIMITEDadr	$160,393,000	–	9,041,332	–	6.81%	–
ALKS	New	ALKERMES PLC	$159,606,000	–	5,357,716	–	6.78%	–
TEAM	New	ATLASSIAN CORP PLCcl a	$124,688,000	–	665,358	–	5.29%	–
MLCO	New	MELCO RESORTS AND ENTMNT LTDadr	$110,963,000	–	19,297,960	–	4.71%	–
ASML	New	ASML HOLDING N V	$103,358,000	–	217,194	–	4.39%	–
MSFT	New	MICROSOFT CORP	$68,666,000	–	267,361	–	2.92%	–
IQV	New	IQVIA HLDGS INC	$65,919,000	–	303,789	–	2.80%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$65,351,000	–	231,914	–	2.77%	–
EW	New	EDWARDS LIFESCIENCES CORP	$57,700,000	–	606,794	–	2.45%	–
MA	New	MASTERCARD INCORPORATEDcl a	$57,070,000	–	180,900	–	2.42%	–
HWM	New	HOWMET AEROSPACE INC	$56,526,000	–	1,797,318	–	2.40%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$55,179,000	–	674,978	–	2.34%	–
SE	New	SEA LTDsponsord ads	$55,103,000	–	824,159	–	2.34%	–
UNH	New	UNITEDHEALTH GROUP INC	$53,884,000	–	104,908	–	2.29%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$52,420,000	–	793,401	–	2.22%	–
GOOGL	New	ALPHABET INCcap stk cl a	$50,775,000	–	23,299	–	2.16%	–
CTVA	New	CORTEVA INC	$46,522,000	–	859,282	–	1.98%	–
NVDA	New	NVIDIA CORPORATION	$45,441,000	–	299,761	–	1.93%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$45,037,000	–	123,033	–	1.91%	–
AAPL	New	APPLE INC	$42,141,000	–	308,232	–	1.79%	–
MMC	New	MARSH & MCLENNAN COS INC	$42,057,000	–	270,899	–	1.78%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$38,875,000	–	185,083	–	1.65%	–
ALB	New	ALBEMARLE CORP	$33,953,000	–	162,469	–	1.44%	–
TMUS	New	T-MOBILE US INC	$31,543,000	–	234,450	–	1.34%	–
GMAB	New	GENMAB A/Ssponsored ads	$30,328,000	–	933,449	–	1.29%	–
	New	WOLFSPEED INC	$27,782,000	–	437,862	–	1.18%	–
JNJ	New	JOHNSON & JOHNSON	$27,555,000	–	155,232	–	1.17%	–
AEIS	New	ADVANCED ENERGY INDS	$27,449,000	–	376,123	–	1.16%	–
FMC	New	FMC CORP	$27,107,000	–	253,312	–	1.15%	–
BDX	New	BECTON DICKINSON & CO	$26,198,000	–	106,267	–	1.11%	–
OLED	New	UNIVERSAL DISPLAY CORP	$26,102,000	–	258,077	–	1.11%	–
TJX	New	TJX COS INC NEW	$24,491,000	–	438,520	–	1.04%	–
CMCSA	New	COMCAST CORP NEWcl a	$24,153,000	–	615,524	–	1.02%	–
BSX	New	BOSTON SCIENTIFIC CORP	$23,611,000	–	633,500	–	1.00%	–
MDT	New	MEDTRONIC PLC	$22,151,000	–	246,812	–	0.94%	–
VRT	New	VERTIV HOLDINGS CO	$20,570,000	–	2,502,445	–	0.87%	–
LDOS	New	LEIDOS HOLDINGS INC	$19,012,000	–	188,784	–	0.81%	–
ATVI	New	ACTIVISION BLIZZARD INC	$18,106,000	–	232,550	–	0.77%	–
XRAY	New	DENTSPLY SIRONA INC	$17,138,000	–	479,665	–	0.73%	–
SWK	New	STANLEY BLACK & DECKER INC	$16,749,000	–	159,723	–	0.71%	–
AMZN	New	AMAZON COM INC	$16,687,000	–	157,110	–	0.71%	–
GOOG	New	ALPHABET INCcap stk cl c	$14,619,000	–	6,683	–	0.62%	–
MU	New	MICRON TECHNOLOGY INC	$13,527,000	–	244,700	–	0.57%	–
HDB	New	HDFC BANK LTDsponsored ads	$12,165,000	–	221,336	–	0.52%	–
JD	New	JD.COM INCspon adr cl a	$8,873,000	–	138,165	–	0.38%	–
COTY	New	COTY INC	$7,510,000	–	937,640	–	0.32%	–
SLB	New	SCHLUMBERGER LTD	$7,451,000	–	208,370	–	0.32%	–
PYPL	New	PAYPAL HLDGS INC	$6,534,000	–	93,550	–	0.28%	–
RCL	New	ROYAL CARIBBEAN GROUP	$6,348,000	–	181,840	–	0.27%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$5,525,000	–	226,712	–	0.24%	–
ABT	New	ABBOTT LABS	$5,113,000	–	47,059	–	0.22%	–
NVO	New	NOVO-NORDISK A Sadr	$4,347,000	–	39,008	–	0.18%	–
BIL	New	SPDR SER TRbloomberg 1-3 mo	$4,080,000	–	44,600	–	0.17%	–
PLD	New	PROLOGIS INC.	$3,400,000	–	28,896	–	0.14%	–
PG	New	PROCTER AND GAMBLE CO	$2,657,000	–	18,478	–	0.11%	–
MTB	New	M & T BK CORP	$2,029,000	–	12,730	–	0.09%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$1,202,000	–	48,195	–	0.05%	–
MRK	New	MERCK & CO INC	$1,162,000	–	12,750	–	0.05%	–
IVV	New	ISHARES TRcore s&p500 etf	$1,139,000	–	3,005	–	0.05%	–
HIW	New	HIGHWOODS PPTYS INC	$1,015,000	–	29,700	–	0.04%	–
CVX	New	CHEVRON CORP NEW	$912,000	–	6,300	–	0.04%	–
MCHP	New	MICROCHIP TECHNOLOGY INC.	$871,000	–	15,000	–	0.04%	–
OKE	New	ONEOK INC NEW	$785,000	–	14,149	–	0.03%	–
XOM	New	EXXON MOBIL CORP	$761,000	–	8,883	–	0.03%	–
HSY	New	HERSHEY CO	$624,000	–	2,900	–	0.03%	–
	New	EMBECTA CORP	$539,000	–	21,273	–	0.02%	–
PHG	New	KONINKLIJKE PHILIPS N V	$382,000	–	17,760	–	0.02%	–
BIDU	New	BAIDU INCspon adr rep a	$388,000	–	2,609	–	0.02%	–
DEO	New	DIAGEO PLCspon adr new	$383,000	–	2,200	–	0.02%	–
BXMT	New	BLACKSTONE MTG TR INC	$347,000	–	12,550	–	0.02%	–
	New	SHELL PLCspon ads	$303,000	–	5,800	–	0.01%	–
IAA	New	IAA INC	$271,000	–	8,260	–	0.01%	–
DLO	New	DLOCAL LTD	$254,000	–	9,660	–	0.01%	–
APD	New	AIR PRODS & CHEMS INC	$255,000	–	1,060	–	0.01%	–
PAGS	New	PAGSEGURO DIGITAL LTD	$269,000	–	26,310	–	0.01%	–
MELI	New	MERCADOLIBRE INC	$215,000	–	337	–	0.01%	–
AMAT	New	APPLIED MATLS INC	$202,000	–	2,225	–	0.01%	–
EIM	New	EATON VANCE MUN BD FD	$140,000	–	13,123	–	0.01%	–

Q4 2021

			Value		Shares		↓ Weighting
VIPS	Exit	VIPSHOP HOLDINGS LIMITEDsponsored ads a	$0	–	-11,734	–	-0.00%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-11,838	–	-0.01%	–
EIM	Exit	EATON VANCE MUN BD FD	$0	–	-13,123	–	-0.01%	–
IAA	Exit	IAA INC	$0	–	-3,750	–	-0.01%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-5,800	–	-0.01%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-2,274	–	-0.01%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-13,570	–	-0.01%	–
DEO	Exit	DIAGEO PLCspon adr new	$0	–	-2,200	–	-0.01%	–
MELI	Exit	MERCADOLIBRE INC	$0	–	-293	–	-0.01%	–
JD	Exit	JD.COM INCspon adr cl a	$0	–	-6,720	–	-0.01%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.01%	–
PAGS	Exit	PAGSEGURO DIGITAL LTD	$0	–	-10,100	–	-0.01%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-8,883	–	-0.01%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-6,300	–	-0.02%	–
YNDX	Exit	YANDEX N V	$0	–	-8,165	–	-0.02%	–
OKE	Exit	ONEOK INC NEW	$0	–	-14,149	–	-0.02%	–
PHG	Exit	KONINKLIJKE PHILIPS N V	$0	–	-18,910	–	-0.02%	–
MRK	Exit	MERCK & CO INC	$0	–	-12,750	–	-0.03%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC.	$0	–	-7,500	–	-0.03%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-27,700	–	-0.03%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-49,028	–	-0.05%	–
MTB	Exit	M & T BK CORP	$0	–	-12,730	–	-0.05%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-18,678	–	-0.07%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-36,180	–	-0.09%	–
PLD	Exit	PROLOGIS INC.	$0	–	-28,896	–	-0.10%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-218,512	–	-0.13%	–
ABT	Exit	ABBOTT LABS	$0	–	-47,739	–	-0.15%	–
KTOS	Exit	KRATOS DEFENSE & SEC SOLUTIO	$0	–	-446,421	–	-0.27%	–
LDOS	Exit	LEIDOS HOLDINGS INC	$0	–	-139,120	–	-0.36%	–
RCL	Exit	ROYAL CARIBBEAN GROUP	$0	–	-165,610	–	-0.40%	–
PINS	Exit	PINTEREST INCcl a	$0	–	-309,270	–	-0.42%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-226,886	–	-0.45%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-239,570	–	-0.50%	–
FMC	Exit	FMC CORP	$0	–	-232,095	–	-0.57%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-81,695	–	-0.57%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-8,060	–	-0.58%	–
CERN	Exit	CERNER CORP	$0	–	-307,026	–	-0.58%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-161,330	–	-0.70%	–
AMZN	Exit	AMAZON COM INC	$0	–	-8,067	–	-0.71%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-109,379	–	-0.72%	–
MU	Exit	MICRON TECHNOLOGY INC	$0	–	-397,270	–	-0.76%	–
XRAY	Exit	DENTSPLY SIRONA INC	$0	–	-498,731	–	-0.78%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-165,436	–	-0.78%	–
TJX	Exit	TJX COS INC NEW	$0	–	-450,170	–	-0.80%	–
AEIS	Exit	ADVANCED ENERGY INDS	$0	–	-342,198	–	-0.81%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-240,490	–	-0.83%	–
HWM	Exit	HOWMET AEROSPACE INC	$0	–	-1,020,735	–	-0.86%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-257,485	–	-0.87%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-188,674	–	-0.92%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-797,770	–	-0.93%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-172,584	–	-1.02%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-676,794	–	-1.02%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-214,293	–	-1.15%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-296,404	–	-1.21%	–
OLED	Exit	UNIVERSAL DISPLAY CORP	$0	–	-272,557	–	-1.25%	–
AAPL	Exit	APPLE INC	$0	–	-330,779	–	-1.26%	–
GMAB	Exit	GENMAB A/Ssponsored ads	$0	–	-1,079,269	–	-1.27%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-122,265	–	-1.28%	–
VRT	Exit	VERTIV HOLDINGS CO	$0	–	-2,485,565	–	-1.61%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-1,124,890	–	-1.82%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-26,425	–	-1.90%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-205,047	–	-1.92%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-689,174	–	-2.10%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-327,412	–	-2.11%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-147,353	–	-2.28%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-768,840	–	-2.31%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-317,292	–	-2.40%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-467,727	–	-2.61%	–
ALKS	Exit	ALKERMES PLC	$0	–	-4,232,279	–	-3.51%	–
ASML	Exit	ASML HOLDING N V	$0	–	-238,734	–	-4.78%	–
SE	Exit	SEA LTDsponsord ads	$0	–	-598,015	–	-5.13%	–
MLCO	Exit	MELCO RESORTS AND ENTMNT LTDadr	$0	–	-21,310,139	–	-5.87%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-1,048,692	–	-11.04%	–
APTV	Exit	APTIV PLC	$0	–	-2,820,253	–	-11.30%	–
IBN	Exit	ICICI BANK LIMITEDadr	$0	–	-23,219,205	–	-11.78%	–

Q3 2021

			Value		Shares		↓ Weighting
IBN	Buy	ICICI BANK LIMITEDadr	$438,146,000	+11.2%	23,219,205	+0.7%	11.78%	+23.5%
APTV	Buy	APTIV PLC	$420,133,000	-4.7%	2,820,253	+0.7%	11.30%	+5.9%
TEAM	Sell	ATLASSIAN CORP PLCcl a	$410,479,000	-7.3%	1,048,692	-39.2%	11.04%	+2.9%
MLCO	Buy	MELCO RESORTS AND ENTMNT LTDadr	$218,216,000	-38.1%	21,310,139	+0.2%	5.87%	-31.2%
SE	Buy	SEA LTDsponsord ads	$190,605,000	+24.5%	598,015	+7.2%	5.13%	+38.3%
ASML	Sell	ASML HOLDING N V	$177,883,000	-15.8%	238,734	-22.0%	4.78%	-6.5%
ALKS	Buy	ALKERMES PLC	$130,523,000	+779.6%	4,232,279	+599.3%	3.51%	+877.7%
NVDA	Buy	NVIDIA CORPORATION	$96,894,000	-5.7%	467,727	+264.0%	2.61%	+4.7%
MSFT	Sell	MICROSOFT CORP	$89,451,000	+2.9%	317,292	-1.2%	2.40%	+14.3%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$85,841,000	-77.6%	768,840	-75.9%	2.31%	-75.1%
ADBE	Sell	ADOBE SYSTEMS INCORPORATED	$84,834,000	-9.4%	147,353	-7.8%	2.28%	+0.7%
IQV	Sell	IQVIA HLDGS INC	$78,428,000	-1.6%	327,412	-0.5%	2.11%	+9.3%
EW	Sell	EDWARDS LIFESCIENCES CORP	$78,021,000	+1.2%	689,174	-7.4%	2.10%	+12.4%
MA	Sell	MASTERCARD INCORPORATEDcl a	$71,291,000	-5.0%	205,047	-0.3%	1.92%	+5.5%
GOOGL	Sell	ALPHABET INCcap stk cl a	$70,648,000	+2.7%	26,425	-6.2%	1.90%	+14.1%
AZN	Buy	ASTRAZENECA PLCsponsored adr	$67,561,000	+0.9%	1,124,890	+0.7%	1.82%	+12.2%
VRT	Sell	VERTIV HOLDINGS CO	$59,877,000	-20.1%	2,485,565	-9.5%	1.61%	-11.2%
UNH	Buy	UNITEDHEALTH GROUP INC	$47,774,000	+10.9%	122,265	+13.6%	1.28%	+23.2%
GMAB	Buy	GENMAB A/Ssponsored ads	$47,164,000	+8.0%	1,079,269	+0.9%	1.27%	+20.0%
AAPL	Sell	APPLE INC	$46,805,000	+1.7%	330,779	-1.5%	1.26%	+13.0%
OLED	Buy	UNIVERSAL DISPLAY CORP	$46,596,000	-23.0%	272,557	+0.1%	1.25%	-14.5%
MMC	Sell	MARSH & MCLENNAN COS INC	$44,884,000	+7.3%	296,404	-0.3%	1.21%	+19.2%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$42,841,000	+0.6%	214,293	-0.1%	1.15%	+11.7%
CMCSA	Buy	COMCAST CORP NEWcl a	$37,853,000	-1.8%	676,794	+0.1%	1.02%	+9.1%
ALB	Sell	ALBEMARLE CORP	$37,791,000	+2.0%	172,584	-21.5%	1.02%	+13.3%
BSX	Sell	BOSTON SCIENTIFIC CORP	$34,615,000	+0.9%	797,770	-0.6%	0.93%	+12.0%
VRTX	Sell	VERTEX PHARMACEUTICALS INC	$34,224,000	-11.7%	188,674	-1.8%	0.92%	-1.9%
MDT	Sell	MEDTRONIC PLC	$32,276,000	+0.9%	257,485	-0.1%	0.87%	+12.0%
HWM	Buy	HOWMET AEROSPACE INC	$31,847,000	+17.1%	1,020,735	+29.3%	0.86%	+30.1%
TMUS	Sell	T-MOBILE US INC	$30,725,000	-12.1%	240,490	-0.4%	0.83%	-2.5%
AEIS	Sell	ADVANCED ENERGY INDS	$30,028,000	-22.7%	342,198	-0.8%	0.81%	-14.2%
TJX	Sell	TJX COS INC NEW	$29,702,000	-2.6%	450,170	-0.4%	0.80%	+8.3%
SWK	Sell	STANLEY BLACK & DECKER INC	$29,003,000	-14.7%	165,436	-0.2%	0.78%	-5.2%
XRAY	Sell	DENTSPLY SIRONA INC	$28,951,000	-8.4%	498,731	-0.2%	0.78%	+1.8%
MU	Buy	MICRON TECHNOLOGY INC	$28,198,000	+3.1%	397,270	+23.5%	0.76%	+14.5%
BDX	Sell	BECTON DICKINSON & CO	$26,888,000	+0.9%	109,379	-0.2%	0.72%	+12.1%
AMZN	Sell	AMAZON COM INC	$26,500,000	-4.6%	8,067	-0.0%	0.71%	+6.1%
JNJ	Sell	JOHNSON & JOHNSON	$26,055,000	-2.3%	161,330	-0.3%	0.70%	+8.7%
CERN	Sell	CERNER CORP	$21,651,000	-9.9%	307,026	-0.1%	0.58%	0.0%
GOOG	Sell	ALPHABET INCcap stk cl c	$21,482,000	-2.0%	8,060	-7.8%	0.58%	+8.9%
PYPL	Sell	PAYPAL HLDGS INC	$21,258,000	-11.0%	81,695	-0.3%	0.57%	-1.0%
FMC	Sell	FMC CORP	$21,251,000	-15.6%	232,095	-0.3%	0.57%	-6.4%
ATVI	Sell	ACTIVISION BLIZZARD INC	$18,540,000	-19.2%	239,570	-0.3%	0.50%	-10.1%
HDB	Buy	HDFC BANK LTDsponsored ads	$16,583,000	+35.3%	226,886	+35.4%	0.45%	+50.2%
PINS	Sell	PINTEREST INCcl a	$15,757,000	-35.7%	309,270	-0.3%	0.42%	-28.5%
RCL	Buy	ROYAL CARIBBEAN GROUP	$14,731,000	+5.8%	165,610	+1.4%	0.40%	+17.5%
LDOS	Buy	LEIDOS HOLDINGS INC	$13,374,000	-2.9%	139,120	+2.1%	0.36%	+8.1%
KTOS	Sell	KRATOS DEFENSE & SEC SOLUTIO	$9,960,000	-22.4%	446,421	-0.9%	0.27%	-13.8%
ABT	Sell	ABBOTT LABS	$5,639,000	+1.8%	47,739	-0.1%	0.15%	+13.4%
NVO	Buy	NOVO-NORDISK A Sadr	$3,474,000	+16.7%	36,180	+1.8%	0.09%	+29.2%
FMS	Sell	FRESENIUS MED CARE AG&CO KGAsponsored adr	$1,715,000	-16.1%	49,028	-0.3%	0.05%	-8.0%
CVX	Buy	CHEVRON CORP NEW	$639,000	+90.7%	6,300	+96.9%	0.02%	+112.5%
PAGS	Sell	PAGSEGURO DIGITAL LTD	$522,000	-17.8%	10,100	-11.0%	0.01%	-6.7%
JD	Buy	JD.COM INCspon adr cl a	$485,000	-5.6%	6,720	+4.3%	0.01%	+8.3%
MELI	Sell	MERCADOLIBRE INC	$492,000	-10.1%	293	-16.5%	0.01%	0.0%
BIDU	Buy	BAIDU INCspon adr rep a	$350,000	-15.0%	2,274	+12.6%	0.01%	-10.0%
IAA	New	IAA INC	$205,000	–	3,750	–	0.01%	–
VOD	Sell	VODAFONE GROUP PLC NEWsponsored adr	$183,000	-42.3%	11,838	-36.0%	0.01%	-37.5%
VIPS	New	VIPSHOP HOLDINGS LIMITEDsponsored ads a	$131,000	–	11,734	–	0.00%	–
ET	Exit	ENERGY TRANSFER L P	$0	–	-10,692	–	-0.00%	–
IPGP	Exit	IPG PHOTONICS CORP	$0	–	-1,000	–	-0.01%	–
EDU	Exit	NEW ORIENTAL ED & TECHNOLOGYspon adr	$0	–	-25,400	–	-0.01%	–
CREE	Exit	CREE INC	$0	–	-185,382	–	-0.44%	–

Q2 2021

			Value		Shares		↓ Weighting
TEAM	New	ATLASSIAN CORP PLCcl a	$443,035,000	–	1,724,811	–	10.72%	–
APTV	New	APTIV PLC	$440,767,000	–	2,801,543	–	10.67%	–
IBN	New	ICICI BANK LIMITEDadr	$394,164,000	–	23,050,525	–	9.54%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$382,864,000	–	3,186,285	–	9.27%	–
MLCO	New	MELCO RESORTS AND ENTMNT LTDadr	$352,524,000	–	21,274,824	–	8.53%	–
ASML	New	ASML HOLDING N V	$211,373,000	–	305,966	–	5.12%	–
SE	New	SEA LTDsponsord ads	$153,152,000	–	557,729	–	3.71%	–
NVDA	New	NVIDIA CORPORATION	$102,804,000	–	128,488	–	2.49%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$93,589,000	–	159,807	–	2.27%	–
MSFT	New	MICROSOFT CORP	$86,955,000	–	320,984	–	2.10%	–
IQV	New	IQVIA HLDGS INC	$79,702,000	–	328,914	–	1.93%	–
EW	New	EDWARDS LIFESCIENCES CORP	$77,118,000	–	744,594	–	1.87%	–
MA	New	MASTERCARD INCORPORATEDcl a	$75,057,000	–	205,586	–	1.82%	–
VRT	New	VERTIV HOLDINGS CO	$74,951,000	–	2,745,455	–	1.81%	–
GOOGL	New	ALPHABET INCcap stk cl a	$68,780,000	–	28,168	–	1.66%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$66,928,000	–	1,117,330	–	1.62%	–
OLED	New	UNIVERSAL DISPLAY CORP	$60,549,000	–	272,337	–	1.47%	–
AAPL	New	APPLE INC	$46,009,000	–	335,932	–	1.11%	–
GMAB	New	GENMAB A/Ssponsored ads	$43,658,000	–	1,069,256	–	1.06%	–
UNH	New	UNITEDHEALTH GROUP INC	$43,097,000	–	107,622	–	1.04%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$42,600,000	–	214,482	–	1.03%	–
MMC	New	MARSH & MCLENNAN COS INC	$41,843,000	–	297,434	–	1.01%	–
AEIS	New	ADVANCED ENERGY INDS	$38,871,000	–	344,878	–	0.94%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$38,749,000	–	192,179	–	0.94%	–
CMCSA	New	COMCAST CORP NEWcl a	$38,551,000	–	676,104	–	0.93%	–
ALB	New	ALBEMARLE CORP	$37,051,000	–	219,938	–	0.90%	–
TMUS	New	T-MOBILE US INC	$34,974,000	–	241,480	–	0.85%	–
BSX	New	BOSTON SCIENTIFIC CORP	$34,316,000	–	802,520	–	0.83%	–
SWK	New	STANLEY BLACK & DECKER INC	$33,991,000	–	165,818	–	0.82%	–
MDT	New	MEDTRONIC PLC	$31,998,000	–	257,782	–	0.78%	–
XRAY	New	DENTSPLY SIRONA INC	$31,604,000	–	499,595	–	0.76%	–
TJX	New	TJX COS INC NEW	$30,484,000	–	452,160	–	0.74%	–
AMZN	New	AMAZON COM INC	$27,765,000	–	8,071	–	0.67%	–
MU	New	MICRON TECHNOLOGY INC	$27,337,000	–	321,690	–	0.66%	–
HWM	New	HOWMET AEROSPACE INC	$27,201,000	–	789,128	–	0.66%	–
BDX	New	BECTON DICKINSON & CO	$26,656,000	–	109,609	–	0.64%	–
JNJ	New	JOHNSON & JOHNSON	$26,664,000	–	161,856	–	0.64%	–
FMC	New	FMC CORP	$25,178,000	–	232,702	–	0.61%	–
PINS	New	PINTEREST INCcl a	$24,500,000	–	310,320	–	0.59%	–
CERN	New	CERNER CORP	$24,022,000	–	307,346	–	0.58%	–
PYPL	New	PAYPAL HLDGS INC	$23,879,000	–	81,925	–	0.58%	–
ATVI	New	ACTIVISION BLIZZARD INC	$22,938,000	–	240,340	–	0.56%	–
GOOG	New	ALPHABET INCcap stk cl c	$21,920,000	–	8,746	–	0.53%	–
CREE	New	CREE INC	$18,154,000	–	185,382	–	0.44%	–
ALKS	New	ALKERMES PLC	$14,839,000	–	605,180	–	0.36%	–
RCL	New	ROYAL CARIBBEAN GROUP	$13,923,000	–	163,270	–	0.34%	–
LDOS	New	LEIDOS HOLDINGS INC	$13,773,000	–	136,234	–	0.33%	–
KTOS	New	KRATOS DEFENSE & SEC SOLUTIO	$12,833,000	–	450,451	–	0.31%	–
HDB	New	HDFC BANK LTDsponsored ads	$12,255,000	–	167,596	–	0.30%	–
ABT	New	ABBOTT LABS	$5,538,000	–	47,769	–	0.13%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$5,273,000	–	218,512	–	0.13%	–
PLD	New	PROLOGIS INC.	$3,454,000	–	28,896	–	0.08%	–
NVO	New	NOVO-NORDISK A Sadr	$2,976,000	–	35,530	–	0.07%	–
PG	New	PROCTER AND GAMBLE CO	$2,520,000	–	18,678	–	0.06%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,045,000	–	49,195	–	0.05%	–
MTB	New	M & T BK CORP	$1,850,000	–	12,730	–	0.04%	–
HIW	New	HIGHWOODS PPTYS INC	$1,251,000	–	27,700	–	0.03%	–
MCHP	New	MICROCHIP TECHNOLOGY INC.	$1,123,000	–	7,500	–	0.03%	–
MRK	New	MERCK & CO INC	$992,000	–	12,750	–	0.02%	–
PHG	New	KONINKLIJKE PHILIPS N V	$940,000	–	18,910	–	0.02%	–
OKE	New	ONEOK INC NEW	$787,000	–	14,149	–	0.02%	–
PAGS	New	PAGSEGURO DIGITAL LTD	$635,000	–	11,350	–	0.02%	–
XOM	New	EXXON MOBIL CORP	$560,000	–	8,883	–	0.01%	–
YNDX	New	YANDEX N V	$578,000	–	8,165	–	0.01%	–
MELI	New	MERCADOLIBRE INC	$547,000	–	351	–	0.01%	–
HSY	New	HERSHEY CO	$505,000	–	2,900	–	0.01%	–
JD	New	JD.COM INCspon adr cl a	$514,000	–	6,440	–	0.01%	–
DEO	New	DIAGEO PLCspon adr new	$422,000	–	2,200	–	0.01%	–
BXMT	New	BLACKSTONE MTG TR INC	$433,000	–	13,570	–	0.01%	–
BIDU	New	BAIDU INCspon adr rep a	$412,000	–	2,019	–	0.01%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$317,000	–	18,495	–	0.01%	–
CVX	New	CHEVRON CORP NEW	$335,000	–	3,200	–	0.01%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$234,000	–	5,800	–	0.01%	–
IPGP	New	IPG PHOTONICS CORP	$211,000	–	1,000	–	0.01%	–
EDU	New	NEW ORIENTAL ED & TECHNOLOGYspon adr	$208,000	–	25,400	–	0.01%	–
EIM	New	EATON VANCE MUN BD FD	$180,000	–	13,123	–	0.00%	–
ET	New	ENERGY TRANSFER L P	$114,000	–	10,692	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
EIM	Exit	EATON VANCE MUN BD FD	$0	–	-13,123	–	-0.01%	–
ET	Exit	ENERGY TRANSFER LP	$0	–	-35,057	–	-0.01%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-1,375	–	-0.01%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,200	–	-0.01%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-18,495	–	-0.01%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-8,883	–	-0.01%	–
DEO	Exit	DIAGEO PLCspon adr new	$0	–	-2,200	–	-0.01%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-13,570	–	-0.01%	–
EDU	Exit	NEW ORIENTAL ED & TECHNOLOGYspon adr	$0	–	-2,165	–	-0.01%	–
PAGS	Exit	PAGSEGURO DIGITAL LTD	$0	–	-9,000	–	-0.01%	–
OKE	Exit	ONEOK INC NEW	$0	–	-14,581	–	-0.01%	–
YNDX	Exit	YANDEX N V	$0	–	-6,135	–	-0.02%	–
JD	Exit	JD.COM INCspon adr cl a	$0	–	-5,410	–	-0.02%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-5,385	–	-0.02%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC.	$0	–	-7,500	–	-0.03%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-22,700	–	-0.03%	–
MRK	Exit	MERCK & CO. INC	$0	–	-12,750	–	-0.04%	–
MTB	Exit	M & T BK CORP	$0	–	-12,730	–	-0.04%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-20,280	–	-0.05%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-49,240	–	-0.08%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-19,178	–	-0.10%	–
PLD	Exit	PROLOGIS INC.	$0	–	-29,098	–	-0.11%	–
PHG	Exit	KONINKLIJKE PHILIPS N Vny reg sh new	$0	–	-71,802	–	-0.13%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-218,690	–	-0.13%	–
ALKS	Exit	ALKERMES PLC	$0	–	-227,350	–	-0.14%	–
ABT	Exit	ABBOTT LABS	$0	–	-48,408	–	-0.20%	–
GWPH	Exit	GW PHARMACEUTICALS PLCads	$0	–	-68,980	–	-0.25%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-5,852	–	-0.32%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-172,246	–	-0.32%	–
SE	Exit	SEA LTDsponsord ads	$0	–	-60,450	–	-0.35%	–
LDOS	Exit	LEIDOS HOLDINGS INC	$0	–	-121,200	–	-0.40%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-41,615	–	-0.41%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-29,797	–	-0.43%	–
KTOS	Exit	KRATOS DEFENSE & SEC SOLUTIO	$0	–	-643,181	–	-0.46%	–
TJX	Exit	TJX COS INC NEW	$0	–	-226,170	–	-0.47%	–
AVGO	Exit	BROADCOM INC	$0	–	-44,879	–	-0.61%	–
FLIR	Exit	FLIR SYS INC	$0	–	-484,016	–	-0.65%	–
CSCO	Exit	CISCO SYS INC	$0	–	-511,085	–	-0.75%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-65,596	–	-0.77%	–
MU	Exit	MICRON TECHNOLOGY INC	$0	–	-438,350	–	-0.77%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-267,190	–	-0.81%	–
XRAY	Exit	DENTSPLY SIRONA INC	$0	–	-514,230	–	-0.84%	–
CERN	Exit	CERNER CORP	$0	–	-315,772	–	-0.85%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-100,111	–	-0.87%	–
BSX	Exit	BOSTON SCIENTIFIC CORP	$0	–	-612,670	–	-0.88%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-213,350	–	-0.91%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-164,269	–	-0.92%	–
AMZN	Exit	AMAZON COM INC	$0	–	-7,879	–	-0.93%	–
FMC	Exit	F M C CORP	$0	–	-237,196	–	-0.94%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-311,342	–	-1.04%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-268,307	–	-1.04%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-173,744	–	-1.06%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-224,272	–	-1.17%	–
VAR	Exit	VARIAN MED SYS INC	$0	–	-193,012	–	-1.24%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-719,622	–	-1.25%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-318,561	–	-1.37%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-25,860	–	-1.42%	–
GMAB	Exit	GENMAB A/Ssponsored ads	$0	–	-1,052,596	–	-1.44%	–
AAPL	Exit	APPLE INC	$0	–	-361,512	–	-1.57%	–
SAP	Exit	SAP SEspon adr	$0	–	-269,390	–	-1.57%	–
AEIS	Exit	ADVANCED ENERGY INDS	$0	–	-695,640	–	-1.64%	–
OLED	Exit	UNIVERSAL DISPLAY CORP	$0	–	-278,587	–	-1.88%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-943,927	–	-1.94%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-196,679	–	-2.00%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-351,723	–	-2.08%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-717,789	–	-2.14%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-195,761	–	-2.48%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-318,958	–	-2.51%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-136,688	–	-2.77%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-155,717	–	-2.86%	–
IBN	Exit	ICICI BANK LIMITEDadr	$0	–	-15,670,426	–	-5.77%	–
ASML	Exit	ASML HOLDING N V	$0	–	-431,877	–	-5.97%	–
MLCO	Exit	MELCO RESORTS AND ENTMNT LTDadr	$0	–	-14,048,829	–	-8.76%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-1,696,057	–	-11.54%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-1,393,096	–	-15.33%	–

Q3 2020

			Value		Shares		↓ Weighting
BABA	Sell	ALIBABA GROUP HLDG LTDsponsored ads	$409,542,000	+23.4%	1,393,096	-9.5%	15.33%	+4.8%
TEAM	Buy	ATLASSIAN CORP PLCcl a	$308,326,000	+240.9%	1,696,057	+238.0%	11.54%	+189.6%
MLCO	Sell	MELCO RESORTS AND ENTMNT LTDadr	$233,913,000	+7.2%	14,048,829	-0.0%	8.76%	-8.9%
ASML	Sell	ASML HOLDING N V	$159,480,000	-7.4%	431,877	-7.7%	5.97%	-21.3%
IBN	Buy	ICICI BANK LIMITEDadr	$154,040,000	+8.1%	15,670,426	+2.1%	5.77%	-8.2%
ADBE	Sell	ADOBE SYSTEMS INCORPORATED	$76,369,000	+3.0%	155,717	-8.6%	2.86%	-12.5%
NVDA	Sell	NVIDIA CORPORATION	$73,978,000	+11.5%	136,688	-21.7%	2.77%	-5.2%
MSFT	Sell	MICROSOFT CORP	$67,086,000	-11.2%	318,958	-14.1%	2.51%	-24.6%
MA	Sell	MASTERCARD INCORPORATEDcl a	$66,200,000	+14.3%	195,761	-0.0%	2.48%	-2.9%
EW	Buy	EDWARDS LIFESCIENCES CORP	$57,294,000	+22.5%	717,789	+6.1%	2.14%	+4.1%
IQV	Sell	IQVIA HLDGS INC	$55,442,000	+10.5%	351,723	-0.5%	2.08%	-6.2%
VRTX	Sell	VERTEX PHARMACEUTICALS INC	$53,520,000	-7.4%	196,679	-1.3%	2.00%	-21.4%
AZN	Buy	ASTRAZENECA PLCsponsored adr	$51,727,000	+7.4%	943,927	+3.7%	1.94%	-8.7%
OLED	Buy	UNIVERSAL DISPLAY CORP	$50,352,000	+45.5%	278,587	+20.5%	1.88%	+23.7%
AEIS	Buy	ADVANCED ENERGY INDS	$43,784,000	-6.1%	695,640	+1.1%	1.64%	-20.2%
SAP	Buy	SAP SEspon adr	$41,974,000	+18.4%	269,390	+6.4%	1.57%	+0.6%
AAPL	Buy	APPLE INC	$41,867,000	+4.8%	361,512	+230.2%	1.57%	-11.0%
GMAB	Buy	GENMAB A/Ssponsored ads	$38,536,000	+66.0%	1,052,596	+53.6%	1.44%	+41.0%
GOOGL	Buy	ALPHABET INCcap stk cl a	$37,901,000	+4.0%	25,860	+0.6%	1.42%	-11.6%
MMC	Sell	MARSH & MCLENNAN COS INC	$36,539,000	+6.0%	318,561	-0.8%	1.37%	-9.9%
CMCSA	Sell	COMCAST CORP NEWcl a	$33,290,000	+18.1%	719,622	-0.5%	1.25%	+0.3%
VAR	Sell	VARIAN MED SYS INC	$33,198,000	+36.2%	193,012	-3.0%	1.24%	+15.7%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$31,284,000	-6.3%	224,272	-0.0%	1.17%	-20.4%
SWK	Sell	STANLEY BLACK & DECKER INC	$28,181,000	+16.3%	173,744	-0.0%	1.06%	-1.1%
MDT	Sell	MEDTRONIC PLC	$27,882,000	+12.0%	268,307	-1.2%	1.04%	-4.8%
ALB	Buy	ALBEMARLE CORP	$27,797,000	+15.8%	311,342	+0.2%	1.04%	-1.6%
FMC	Sell	F M C CORP	$25,121,000	+5.2%	237,196	-1.1%	0.94%	-10.6%
AMZN	Sell	AMAZON COM INC	$24,809,000	+5.5%	7,879	-7.6%	0.93%	-10.3%
JNJ	Sell	JOHNSON & JOHNSON	$24,456,000	+5.5%	164,269	-0.3%	0.92%	-10.4%
TMUS	Buy	T-MOBILE US INC	$24,398,000	+126.2%	213,350	+106.0%	0.91%	+92.2%
BSX	Buy	BOSTON SCIENTIFIC CORP	$23,411,000	+25.5%	612,670	+15.3%	0.88%	+6.6%
BDX	Sell	BECTON DICKINSON & CO	$23,294,000	-3.1%	100,111	-0.3%	0.87%	-17.7%
CERN	Buy	CERNER CORP	$22,827,000	+5.9%	315,772	+0.4%	0.85%	-10.0%
XRAY	Sell	DENTSPLY SIRONA INC	$22,487,000	-1.1%	514,230	-0.3%	0.84%	-15.9%
ATVI	Sell	ACTIVISION BLIZZARD INC	$21,629,000	+5.1%	267,190	-1.4%	0.81%	-10.6%
MU	Buy	MICRON TECHNOLOGY INC	$20,585,000	-7.2%	438,350	+1.8%	0.77%	-21.2%
UNH	Buy	UNITEDHEALTH GROUP INC	$20,451,000	+7.2%	65,596	+1.4%	0.77%	-8.8%
CSCO	Sell	CISCO SYS INC	$20,132,000	-16.2%	511,085	-0.7%	0.75%	-28.7%
FLIR	Buy	FLIR SYS INC	$17,352,000	-11.4%	484,016	+0.2%	0.65%	-24.7%
AVGO	Sell	BROADCOM INC	$16,350,000	+14.1%	44,879	-1.2%	0.61%	-3.0%
TJX	New	TJX COS INC NEW	$12,586,000	–	226,170	–	0.47%	–
KTOS	Sell	KRATOS DEFENSE & SEC SOLUTIO	$12,401,000	-14.6%	643,181	-30.8%	0.46%	-27.5%
LMT	Sell	LOCKHEED MARTIN CORP	$11,420,000	-37.8%	29,797	-40.8%	0.43%	-47.2%
FB	Sell	FACEBOOK INCcl a	$10,899,000	-5.5%	41,615	-18.1%	0.41%	-19.7%
LDOS	Buy	LEIDOS HOLDINGS INC	$10,805,000	-3.2%	121,200	+1.7%	0.40%	-17.9%
SE	Buy	SEA LTDsponsord ads	$9,312,000	+58.4%	60,450	+10.3%	0.35%	+34.7%
GOOG	Sell	ALPHABET INCcap stk cl c	$8,600,000	-0.5%	5,852	-4.3%	0.32%	-15.5%
HDB	Sell	HDFC BANK LTDsponsored ads	$8,605,000	+9.2%	172,246	-0.6%	0.32%	-7.2%
GWPH	Buy	GW PHARMACEUTICALS PLCads	$6,715,000	-11.8%	68,980	+11.2%	0.25%	-25.1%
ALKS	Sell	ALKERMES PLC	$3,767,000	-16.1%	227,350	-1.7%	0.14%	-28.8%
EPD	Sell	ENTERPRISE PRODS PARTNERS L	$3,453,000	-13.7%	218,690	-0.7%	0.13%	-26.7%
PHG	Sell	KONINKLIJKE PHILIPS N Vny reg sh new	$3,385,000	-85.0%	71,802	-85.1%	0.13%	-87.2%
PLD	Sell	PROLOGIS INC.	$2,928,000	+2.8%	29,098	-4.6%	0.11%	-12.0%
NVO	Sell	NOVO-NORDISK A Sadr	$1,408,000	-44.1%	20,280	-47.3%	0.05%	-52.3%
MTB	Sell	M & T BK CORP	$1,172,000	-13.5%	12,730	-2.3%	0.04%	-26.7%
HIW	Sell	HIGHWOODS PPTYS INC	$762,000	-20.5%	22,700	-11.7%	0.03%	-31.0%
MCHP	Sell	MICROCHIP TECHNOLOGY INC.	$771,000	-13.9%	7,500	-11.8%	0.03%	-25.6%
JD	Sell	JD.COM INCspon adr cl a	$420,000	+27.3%	5,410	-1.3%	0.02%	+6.7%
PAGS	Sell	PAGSEGURO DIGITAL LTD	$339,000	+5.9%	9,000	-0.6%	0.01%	-7.1%
XOM	Sell	EXXON MOBIL CORP	$305,000	-39.6%	8,883	-21.3%	0.01%	-50.0%
VOD	Sell	VODAFONE GROUP PLC NEWsponsored adr	$248,000	-20.0%	18,495	-4.8%	0.01%	-35.7%
KMB	New	KIMBERLY CLARK CORP	$203,000	–	1,375	–	0.01%	–
ET	Sell	ENERGY TRANSFER LP	$190,000	-25.2%	35,057	-1.6%	0.01%	-36.4%
TMUSR	Exit	T-MOBILE US INCright 07/27/2020	$0	–	-14,290	–	0.00%	–

Q2 2020

			Value		Shares		↓ Weighting
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$331,852,000	–	1,538,490	–	14.62%	–
MLCO	New	MELCO RESORTS AND ENTMNT LTDadr	$218,141,000	–	14,055,486	–	9.61%	–
ASML	New	ASML HOLDING N V	$172,255,000	–	468,046	–	7.59%	–
IBN	New	ICICI BANK LIMITEDadr	$142,518,000	–	15,341,036	–	6.28%	–
TEAM	New	ATLASSIAN CORP PLCcl a	$90,455,000	–	501,776	–	3.98%	–
MSFT	New	MICROSOFT CORP	$75,577,000	–	371,365	–	3.33%	–
ADBE	New	ADOBE INC	$74,173,000	–	170,391	–	3.27%	–
NVDA	New	NVIDIA CORPORATION	$66,326,000	–	174,583	–	2.92%	–
MA	New	MASTERCARD INCORPORATEDcl a	$57,911,000	–	195,843	–	2.55%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$57,828,000	–	199,194	–	2.55%	–
IQV	New	IQVIA HLDGS INC	$50,174,000	–	353,631	–	2.21%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$48,145,000	–	910,292	–	2.12%	–
EW	New	EDWARDS LIFESCIENCES CORP	$46,764,000	–	676,654	–	2.06%	–
AEIS	New	ADVANCED ENERGY INDS	$46,647,000	–	688,110	–	2.06%	–
AAPL	New	APPLE INC	$39,940,000	–	109,485	–	1.76%	–
GOOGL	New	ALPHABET INCcap stk cl a	$36,444,000	–	25,700	–	1.61%	–
SAP	New	SAP SEspon adr	$35,459,000	–	253,280	–	1.56%	–
OLED	New	UNIVERSAL DISPLAY CORP	$34,601,000	–	231,255	–	1.52%	–
MMC	New	MARSH & MCLENNAN COS INC	$34,482,000	–	321,151	–	1.52%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$33,401,000	–	224,332	–	1.47%	–
CMCSA	New	COMCAST CORP NEWcl a	$28,186,000	–	723,082	–	1.24%	–
MDT	New	MEDTRONIC PLC	$24,891,000	–	271,437	–	1.10%	–
VAR	New	VARIAN MED SYS INC	$24,369,000	–	198,902	–	1.07%	–
SWK	New	STANLEY BLACK & DECKER INC	$24,221,000	–	173,774	–	1.07%	–
BDX	New	BECTON DICKINSON & CO	$24,030,000	–	100,431	–	1.06%	–
CSCO	New	CISCO SYS INC	$24,013,000	–	514,855	–	1.06%	–
ALB	New	ALBEMARLE CORP	$23,999,000	–	310,832	–	1.06%	–
FMC	New	F M C CORP	$23,884,000	–	239,756	–	1.05%	–
AMZN	New	AMAZON COM INC	$23,513,000	–	8,523	–	1.04%	–
GMAB	New	GENMAB A/Ssponsored ads	$23,219,000	–	685,116	–	1.02%	–
JNJ	New	JOHNSON & JOHNSON	$23,179,000	–	164,824	–	1.02%	–
XRAY	New	DENTSPLY SIRONA INC	$22,728,000	–	515,840	–	1.00%	–
PHG	New	KONINKLIJKE PHILIPS N Vny reg sh new	$22,579,000	–	482,049	–	1.00%	–
MU	New	MICRON TECHNOLOGY INC	$22,188,000	–	430,670	–	0.98%	–
CERN	New	CERNER CORP	$21,550,000	–	314,362	–	0.95%	–
ATVI	New	ACTIVISION BLIZZARD INC	$20,574,000	–	271,070	–	0.91%	–
FLIR	New	FLIR SYS INC	$19,591,000	–	482,896	–	0.86%	–
UNH	New	UNITEDHEALTH GROUP INC	$19,072,000	–	64,660	–	0.84%	–
BSX	New	BOSTON SCIENTIFIC CORP	$18,661,000	–	531,510	–	0.82%	–
LMT	New	LOCKHEED MARTIN CORP	$18,354,000	–	50,295	–	0.81%	–
KTOS	New	KRATOS DEFENSE & SEC SOLUTIO	$14,522,000	–	929,131	–	0.64%	–
AVGO	New	BROADCOM INC	$14,333,000	–	45,414	–	0.63%	–
FB	New	FACEBOOK INCcl a	$11,539,000	–	50,820	–	0.51%	–
LDOS	New	LEIDOS HOLDINGS INC	$11,159,000	–	119,130	–	0.49%	–
TMUS	New	T-MOBILE US INC	$10,787,000	–	103,580	–	0.48%	–
GOOG	New	ALPHABET INCcap stk cl c	$8,647,000	–	6,117	–	0.38%	–
HDB	New	HDFC BANK LTDsponsored ads	$7,879,000	–	173,316	–	0.35%	–
GWPH	New	GW PHARMACEUTICALS PLCads	$7,611,000	–	62,020	–	0.34%	–
SE	New	SEA LTDsponsored ads	$5,878,000	–	54,810	–	0.26%	–
ALKS	New	ALKERMES PLC	$4,488,000	–	231,300	–	0.20%	–
ABT	New	ABBOTT LABS	$4,426,000	–	48,408	–	0.20%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$4,003,000	–	220,290	–	0.18%	–
PLD	New	PROLOGIS INC.	$2,848,000	–	30,515	–	0.12%	–
NVO	New	NOVO-NORDISK A Sadr	$2,520,000	–	38,490	–	0.11%	–
PG	New	PROCTER AND GAMBLE CO	$2,293,000	–	19,178	–	0.10%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,131,000	–	49,240	–	0.09%	–
MTB	New	M & T BK CORP	$1,355,000	–	13,030	–	0.06%	–
MRK	New	MERCK & CO. INC	$986,000	–	12,750	–	0.04%	–
HIW	New	HIGHWOODS PPTYS INC	$959,000	–	25,700	–	0.04%	–
MCHP	New	MICROCHIP TECHNOLOGY INC.	$895,000	–	8,500	–	0.04%	–
XOM	New	EXXON MOBIL CORP	$505,000	–	11,283	–	0.02%	–
OKE	New	ONEOK INC NEW	$484,000	–	14,581	–	0.02%	–
HSY	New	HERSHEY CO	$376,000	–	2,900	–	0.02%	–
JD	New	JD.COM INCspon adr cl a	$330,000	–	5,480	–	0.02%	–
YNDX	New	YANDEX N V	$307,000	–	6,135	–	0.01%	–
BXMT	New	BLACKSTONE MTG TR INC	$327,000	–	13,570	–	0.01%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$310,000	–	19,422	–	0.01%	–
PAGS	New	PAGSEGURO DIGITAL LTD	$320,000	–	9,050	–	0.01%	–
DEO	New	DIAGEO P L Cspon adr new	$296,000	–	2,200	–	0.01%	–
CVX	New	CHEVRON CORP NEW	$286,000	–	3,200	–	0.01%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$306,000	–	5,385	–	0.01%	–
EDU	New	NEW ORIENTAL ED & TECHNOLOGYspon adr	$282,000	–	2,165	–	0.01%	–
ET	New	ENERGY TRANSFER LP	$254,000	–	35,633	–	0.01%	–
EIM	New	EATON VANCE MUN BD FD	$167,000	–	13,123	–	0.01%	–
TMUSR	New	T-MOBILE US INCright 07/27/2020	$2,000	–	14,290	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
EIM	Exit	EATON VANCE MUN BD FD	$0	–	-13,123	–	-0.01%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-13,049	–	-0.01%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-5,800	–	-0.02%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,270	–	-0.02%	–
WBK	Exit	WESTPAC BKG CORPsponsored adr	$0	–	-20,171	–	-0.02%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.02%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-13,570	–	-0.02%	–
T	Exit	AT&T INC	$0	–	-15,224	–	-0.03%	–
ET	Exit	ENERGY TRANSFER LP	$0	–	-45,014	–	-0.03%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-3,770	–	-0.03%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-9,400	–	-0.04%	–
OKE	Exit	ONEOK INC NEW	$0	–	-13,050	–	-0.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-12,750	–	-0.05%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-26,600	–	-0.06%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-12,290	–	-0.06%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-53,290	–	-0.08%	–
MTB	Exit	M & T BK CORP	$0	–	-13,030	–	-0.09%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-33,283	–	-0.11%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-19,178	–	-0.11%	–
LPT	Exit	LIBERTY PPTY TRsh ben int	$0	–	-51,521	–	-0.12%	–
ABT	Exit	ABBOTT LABS	$0	–	-49,558	–	-0.19%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS PLC	$0	–	-36,120	–	-0.21%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-222,026	–	-0.29%	–
GWPH	Exit	GW PHARMACEUTICALS PLCads	$0	–	-59,050	–	-0.31%	–
OXY	Exit	OCCIDENTAL PETE CORP	$0	–	-165,330	–	-0.34%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-39,040	–	-0.39%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-50,140	–	-0.41%	–
KTOS	Exit	KRATOS DEFENSE & SEC SOLUTIO	$0	–	-576,510	–	-0.49%	–
AVGO	Exit	BROADCOM INC	$0	–	-45,535	–	-0.58%	–
PTC	Exit	PTC INC	$0	–	-185,260	–	-0.58%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-189,402	–	-0.60%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-34,350	–	-0.61%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-397,257	–	-0.62%	–
EOG	Exit	EOG RES INC	$0	–	-193,795	–	-0.66%	–
AMZN	Exit	AMAZON COM INC	$0	–	-9,259	–	-0.74%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-13,585	–	-0.76%	–
CERN	Exit	CERNER CORP	$0	–	-302,606	–	-0.94%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-347,987	–	-0.96%	–
FMC	Exit	F M C CORP	$0	–	-243,326	–	-0.98%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-171,189	–	-1.01%	–
PHG	Exit	KONINKLIJKE PHILIPS N Vny reg sh new	$0	–	-512,563	–	-1.08%	–
VAR	Exit	VARIAN MED SYS INC	$0	–	-202,287	–	-1.10%	–
FLIR	Exit	FLIR SYS INC	$0	–	-460,149	–	-1.11%	–
XRAY	Exit	DENTSPLY SIRONA INC	$0	–	-461,040	–	-1.12%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-178,745	–	-1.18%	–
CSCO	Exit	CISCO SYS INC	$0	–	-523,183	–	-1.18%	–
AAPL	Exit	APPLE INC	$0	–	-121,319	–	-1.24%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-280,047	–	-1.39%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-730,752	–	-1.51%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-335,367	–	-1.54%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-28,185	–	-1.58%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-227,260	–	-1.76%	–
NVDA	Exit	NVIDIA CORP	$0	–	-232,865	–	-1.86%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-169,187	–	-1.96%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-1,122,368	–	-2.29%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-233,186	–	-2.35%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-193,539	–	-2.41%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-352,900	–	-2.41%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-343,710	–	-2.54%	–
ADBE	Exit	ADOBE INC	$0	–	-202,891	–	-2.57%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-412,270	–	-2.62%	–
HDB	Exit	HDFC BANK LTDsponsored ads	$0	–	-2,001,512	–	-5.23%	–
QGEN	Exit	QIAGEN NV	$0	–	-3,991,796	–	-6.03%	–
ASML	Exit	ASML HOLDING N V	$0	–	-620,599	–	-7.06%	–
MLCO	Exit	MELCO RESORTS AND ENTMT LTDadr	$0	–	-10,483,352	–	-9.32%	–
IBN	Exit	ICICI BK LTDadr	$0	–	-20,092,248	–	-11.20%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-1,532,522	–	-11.73%	–

Q3 2019

			Value		Shares		↓ Weighting
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored ads	$256,284,000	+13.8%	1,532,522	+15.3%	11.73%	+17.5%
IBN	Sell	ICICI BK LTDadr	$244,724,000	-7.8%	20,092,248	-4.7%	11.20%	-4.8%
MLCO	Buy	MELCO RESORTS AND ENTMT LTDadr	$203,482,000	-10.4%	10,483,352	+0.3%	9.32%	-7.5%
ASML	Sell	ASML HOLDING N V	$154,170,000	+18.0%	620,599	-1.2%	7.06%	+21.9%
QGEN	Sell	QIAGEN NV	$131,610,000	-23.1%	3,991,796	-5.4%	6.03%	-20.6%
HDB	Buy	HDFC BANK LTDsponsored ads	$114,186,000	-15.2%	2,001,512	+93.2%	5.23%	-12.4%
MSFT	Sell	MICROSOFT CORP	$57,318,000	-1.3%	412,270	-4.9%	2.62%	+1.9%
ADBE	Sell	ADOBE INC	$56,048,000	-7.2%	202,891	-1.0%	2.57%	-4.1%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$55,482,000	-3.2%	343,710	-0.9%	2.54%	-0.1%
IQV	Sell	IQVIA HLDGS INC	$52,716,000	-7.6%	352,900	-0.5%	2.41%	-4.6%
MA	Sell	MASTERCARD INCcl a	$52,560,000	-6.1%	193,539	-8.6%	2.41%	-3.1%
EW	Sell	EDWARDS LIFESCIENCES CORP	$51,279,000	+0.6%	233,186	-15.5%	2.35%	+3.9%
AZN	Buy	ASTRAZENECA PLCsponsored adr	$50,024,000	+8.1%	1,122,368	+0.1%	2.29%	+11.7%
BDX	Sell	BECTON DICKINSON & CO	$42,797,000	-1.5%	169,187	-1.8%	1.96%	+1.8%
NVDA	Buy	NVIDIA CORP	$40,534,000	+29.7%	232,865	+22.4%	1.86%	+34.0%
VRTX	Sell	VERTEX PHARMACEUTICALS INC	$38,502,000	-8.3%	227,260	-0.8%	1.76%	-5.3%
GOOGL	Sell	ALPHABET INCcap stk cl a	$34,418,000	+12.1%	28,185	-0.6%	1.58%	+15.8%
MMC	Sell	MARSH & MCLENNAN COS INC	$33,553,000	0.0%	335,367	-0.3%	1.54%	+3.3%
CMCSA	Sell	COMCAST CORP NEWcl a	$32,942,000	+4.9%	730,752	-1.6%	1.51%	+8.3%
MDT	Sell	MEDTRONIC PLC	$30,419,000	+11.1%	280,047	-0.4%	1.39%	+14.7%
AAPL	Sell	APPLE INC	$27,172,000	+12.7%	121,319	-0.4%	1.24%	+16.4%
CSCO	Sell	CISCO SYS INC	$25,850,000	-10.1%	523,183	-0.4%	1.18%	-7.1%
SWK	Sell	STANLEY BLACK & DECKER INC	$25,813,000	-0.7%	178,745	-0.5%	1.18%	+2.6%
XRAY	Buy	DENTSPLY SIRONA INC	$24,578,000	+21.0%	461,040	+32.5%	1.12%	+25.0%
FLIR	Sell	FLIR SYS INC	$24,199,000	-3.0%	460,149	-0.2%	1.11%	+0.2%
VAR	Sell	VARIAN MED SYS INC	$24,090,000	-12.6%	202,287	-0.1%	1.10%	-9.7%
PHG	Buy	KONINKLIJKE PHILIPS N Vny reg sh new	$23,645,000	+7.9%	512,563	+1.9%	1.08%	+11.4%
JNJ	Sell	JOHNSON & JOHNSON	$22,148,000	-7.1%	171,189	-0.0%	1.01%	-4.1%
FMC	Sell	F M C CORP	$21,335,000	+5.5%	243,326	-0.2%	0.98%	+8.9%
CTSH	Sell	COGNIZANT TECHNOLOGY SOLUTIOcl a	$20,971,000	-5.2%	347,987	-0.2%	0.96%	-2.0%
CERN	Sell	CERNER CORP	$20,629,000	-7.8%	302,606	-0.8%	0.94%	-4.6%
GOOG	Sell	ALPHABET INCcap stk cl c	$16,560,000	+12.0%	13,585	-0.7%	0.76%	+15.5%
AMZN	Sell	AMAZON COM INC	$16,073,000	-9.2%	9,259	-1.0%	0.74%	-6.2%
EOG	Sell	EOG RES INC	$14,383,000	-20.7%	193,795	-0.4%	0.66%	-18.0%
SLB	Sell	SCHLUMBERGER LTD	$13,574,000	-14.2%	397,257	-0.2%	0.62%	-11.4%
LMT	Buy	LOCKHEED MARTIN CORP	$13,399,000	+30.6%	34,350	+21.7%	0.61%	+34.7%
ALB	Buy	ALBEMARLE CORP	$13,167,000	-0.4%	189,402	+0.9%	0.60%	+2.9%
PTC	Sell	PTC INC	$12,631,000	-25.0%	185,260	-1.3%	0.58%	-22.6%
AVGO	Sell	BROADCOM INC	$12,571,000	-5.0%	45,535	-1.0%	0.58%	-1.9%
KTOS	Sell	KRATOS DEFENSE & SEC SOLUTIO	$10,720,000	-19.4%	576,510	-0.8%	0.49%	-16.8%
FB	Sell	FACEBOOK INCcl a	$8,929,000	-8.2%	50,140	-0.5%	0.41%	-5.1%
UNH	Sell	UNITEDHEALTH GROUP INC	$8,484,000	-11.9%	39,040	-1.1%	0.39%	-9.1%
OXY	Sell	OCCIDENTAL PETE CORP	$7,352,000	-11.7%	165,330	-0.1%	0.34%	-8.7%
GWPH	Buy	GW PHARMACEUTICALS PLCads	$6,793,000	-28.4%	59,050	+7.2%	0.31%	-26.1%
JAZZ	Buy	JAZZ PHARMACEUTICALS PLC	$4,628,000	-3.7%	36,120	+7.1%	0.21%	-0.5%
LPT	Sell	LIBERTY PPTY TRsh ben int	$2,645,000	-6.3%	51,521	-8.7%	0.12%	-3.2%
PG	Sell	PROCTER & GAMBLE CO	$2,385,000	+10.5%	19,178	-2.5%	0.11%	+13.5%
FMS	Sell	FRESENIUS MED CARE AG&CO KGAsponsored adr	$1,790,000	-15.3%	53,290	-0.9%	0.08%	-12.8%
BIDU	Buy	BAIDU INCspon adr rep a	$1,263,000	+8.1%	12,290	+23.5%	0.06%	+11.5%
MCHP	Sell	MICROCHIP TECHNOLOGY INC	$873,000	+1.7%	9,400	-5.1%	0.04%	+5.3%
ET	Sell	ENERGY TRANSFER LP	$589,000	-11.6%	45,014	-4.9%	0.03%	-10.0%
LTMAQ	Exit	LATAM AIRLS GROUP S Asponsored adr	$0	–	-11,130	–	-0.01%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-25,760	–	-0.13%	–
LTHM	Exit	LIVENT CORP	$0	–	-516,498	–	-0.16%	–

Q2 2019

			Value		Shares		↓ Weighting
IBN	New	ICICI BK LTDadr	$265,365,000	–	21,077,418	–	11.76%	–
MLCO	New	MELCO RESORTS AND ENTMT LTDadr	$227,122,000	–	10,456,822	–	10.07%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$225,252,000	–	1,329,312	–	9.98%	–
QGEN	New	QIAGEN NV	$171,093,000	–	4,219,305	–	7.58%	–
HDB	New	HDFC BANK LTDsponsored ads	$134,698,000	–	1,035,821	–	5.97%	–
ASML	New	ASML HOLDING N V	$130,653,000	–	628,350	–	5.79%	–
ADBE	New	ADOBE INC	$60,391,000	–	204,956	–	2.68%	–
MSFT	New	MICROSOFT CORP	$58,096,000	–	433,680	–	2.58%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$57,336,000	–	346,800	–	2.54%	–
IQV	New	IQVIA HLDGS INC	$57,072,000	–	354,700	–	2.53%	–
MA	New	MASTERCARD INCcl a	$55,995,000	–	211,677	–	2.48%	–
EW	New	EDWARDS LIFESCIENCES CORP	$50,974,000	–	275,926	–	2.26%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$46,269,000	–	1,120,848	–	2.05%	–
BDX	New	BECTON DICKINSON & CO	$43,428,000	–	172,327	–	1.92%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$42,004,000	–	229,050	–	1.86%	–
MMC	New	MARSH & MCLENNAN COS INC	$33,553,000	–	336,367	–	1.49%	–
CMCSA	New	COMCAST CORP NEWcl a	$31,394,000	–	742,532	–	1.39%	–
NVDA	New	NVIDIA CORP	$31,245,000	–	190,250	–	1.38%	–
GOOGL	New	ALPHABET INCcap stk cl a	$30,703,000	–	28,355	–	1.36%	–
CSCO	New	CISCO SYS INC	$28,757,000	–	525,433	–	1.28%	–
VAR	New	VARIAN MED SYS INC	$27,570,000	–	202,527	–	1.22%	–
MDT	New	MEDTRONIC PLC	$27,391,000	–	281,247	–	1.21%	–
SWK	New	STANLEY BLACK & DECKER INC	$25,990,000	–	179,725	–	1.15%	–
FLIR	New	FLIR SYS INC	$24,948,000	–	461,139	–	1.11%	–
AAPL	New	APPLE INC	$24,108,000	–	121,809	–	1.07%	–
JNJ	New	JOHNSON & JOHNSON	$23,846,000	–	171,209	–	1.06%	–
CERN	New	CERNER CORP	$22,364,000	–	305,106	–	0.99%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$22,110,000	–	348,787	–	0.98%	–
PHG	New	KONINKLIJKE PHILIPS N Vny reg sh new	$21,919,000	–	502,963	–	0.97%	–
XRAY	New	DENTSPLY SIRONA INC	$20,312,000	–	348,040	–	0.90%	–
FMC	New	F M C CORP	$20,227,000	–	243,846	–	0.90%	–
EOG	New	EOG RES INC	$18,127,000	–	194,575	–	0.80%	–
AMZN	New	AMAZON COM INC	$17,704,000	–	9,349	–	0.78%	–
PTC	New	PTC INC	$16,843,000	–	187,650	–	0.75%	–
SLB	New	SCHLUMBERGER LTD	$15,820,000	–	398,077	–	0.70%	–
GOOG	New	ALPHABET INCcap stk cl c	$14,792,000	–	13,685	–	0.66%	–
KTOS	New	KRATOS DEFENSE & SEC SOLUTIO	$13,304,000	–	581,240	–	0.59%	–
AVGO	New	BROADCOM INC	$13,237,000	–	45,985	–	0.59%	–
ALB	New	ALBEMARLE CORP	$13,216,000	–	187,702	–	0.59%	–
LMT	New	LOCKHEED MARTIN CORP	$10,259,000	–	28,220	–	0.46%	–
FB	New	FACEBOOK INCcl a	$9,727,000	–	50,400	–	0.43%	–
UNH	New	UNITEDHEALTH GROUP INC	$9,631,000	–	39,470	–	0.43%	–
GWPH	New	GW PHARMACEUTICALS PLCads	$9,492,000	–	55,060	–	0.42%	–
OXY	New	OCCIDENTAL PETE CORP	$8,323,000	–	165,530	–	0.37%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$6,410,000	–	222,026	–	0.28%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$4,806,000	–	33,710	–	0.21%	–
ABT	New	ABBOTT LABS	$4,168,000	–	49,558	–	0.18%	–
LTHM	New	LIVENT CORP	$3,574,000	–	516,498	–	0.16%	–
JPM	New	JPMORGAN CHASE & CO	$2,880,000	–	25,760	–	0.13%	–
LPT	New	LIBERTY PPTY TRsh ben int	$2,823,000	–	56,421	–	0.12%	–
XOM	New	EXXON MOBIL CORP	$2,550,000	–	33,283	–	0.11%	–
MTB	New	M & T BK CORP	$2,216,000	–	13,030	–	0.10%	–
PG	New	PROCTER AND GAMBLE CO	$2,158,000	–	19,678	–	0.10%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,113,000	–	53,790	–	0.09%	–
BIDU	New	BAIDU INCspon adr rep a	$1,168,000	–	9,950	–	0.05%	–
HIW	New	HIGHWOODS PPTYS INC	$1,099,000	–	26,600	–	0.05%	–
MRK	New	MERCK & CO INC	$1,069,000	–	12,750	–	0.05%	–
OKE	New	ONEOK INC NEW	$898,000	–	13,050	–	0.04%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$858,000	–	9,900	–	0.04%	–
ET	New	ENERGY TRANSFER LP	$666,000	–	47,318	–	0.03%	–
DEO	New	DIAGEO P L Cspon adr new	$650,000	–	3,770	–	0.03%	–
T	New	AT&T INC	$510,000	–	15,224	–	0.02%	–
BXMT	New	BLACKSTONE MTG TR INC	$483,000	–	13,570	–	0.02%	–
WBK	New	WESTPAC BKG CORPsponsored adr	$402,000	–	20,171	–	0.02%	–
CVX	New	CHEVRON CORP NEW	$407,000	–	3,270	–	0.02%	–
HSY	New	HERSHEY CO	$389,000	–	2,900	–	0.02%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$377,000	–	5,800	–	0.02%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$213,000	–	13,049	–	0.01%	–
EIM	New	EATON VANCE MUN BD FD	$163,000	–	13,123	–	0.01%	–
LTMAQ	New	LATAM AIRLS GROUP S Asponsored adr	$104,000	–	11,130	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
CLR	Exit	CONTINENTAL RESOURCES INC	$0	–	-4,000	–	-0.01%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.01%	–
WBK	Exit	WESTPAC BKG CORPsponsored adr	$0	–	-20,171	–	-0.02%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,350	–	-0.02%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-12,570	–	-0.02%	–
T	Exit	AT&T INC	$0	–	-15,224	–	-0.02%	–
KO	Exit	COCA COLA CO	$0	–	-11,800	–	-0.02%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-3,970	–	-0.02%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-8,300	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-9,900	–	-0.03%	–
ETP	Exit	ENERGY TRANSFER PARTNERS LPunit ltd prt int	$0	–	-41,430	–	-0.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-13,150	–	-0.04%	–
OKE	Exit	ONEOK INC NEW	$0	–	-14,842	–	-0.04%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-45,457	–	-0.04%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-26,300	–	-0.05%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-19,678	–	-0.07%	–
MTB	Exit	M & T BK CORP	$0	–	-13,030	–	-0.09%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-9,950	–	-0.10%	–
LPT	Exit	LIBERTY PPTY TRsh ben int	$0	–	-56,371	–	-0.10%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-33,283	–	-0.12%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-55,640	–	-0.12%	–
ABT	Exit	ABBOTT LABS	$0	–	-49,558	–	-0.16%	–
ABBV	Exit	ABBVIE INC	$0	–	-49,508	–	-0.20%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS PLC	$0	–	-34,870	–	-0.25%	–
GWPH	Exit	GW PHARMACEUTICALS PLCads	$0	–	-34,490	–	-0.26%	–
KTOS	Exit	KRATOS DEFENSE & SEC SOLUTIO	$0	–	-423,511	–	-0.27%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-228,026	–	-0.28%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-53,830	–	-0.38%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-786,931	–	-0.38%	–
CELG	Exit	CELGENE CORP	$0	–	-135,890	–	-0.52%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-175,520	–	-0.62%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-15,472	–	-0.80%	–
CERN	Exit	CERNER CORP	$0	–	-288,246	–	-0.80%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-169,750	–	-0.83%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-194,622	–	-0.84%	–
DGX	Exit	QUEST DIAGNOSTICS INC	$0	–	-186,494	–	-0.87%	–
PTC	Exit	PTC INC	$0	–	-197,250	–	-0.90%	–
AMZN	Exit	AMAZON COM INC	$0	–	-10,805	–	-0.93%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-148,175	–	-0.94%	–
FMC	Exit	F M C CORP	$0	–	-249,596	–	-0.94%	–
VAR	Exit	VARIAN MED SYS INC	$0	–	-212,647	–	-1.03%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-181,944	–	-1.08%	–
EOG	Exit	EOG RES INC	$0	–	-202,115	–	-1.11%	–
CSCO	Exit	CISCO SYS INC	$0	–	-553,013	–	-1.16%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-781,232	–	-1.19%	–
AAPL	Exit	APPLE INC	$0	–	-126,279	–	-1.23%	–
PHG	Exit	KONINKLIJKE PHILIPS N Vny reg sh new	$0	–	-639,132	–	-1.25%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-479,250	–	-1.26%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-298,297	–	-1.26%	–
FLIR	Exit	FLIR SYS INC	$0	–	-478,649	–	-1.27%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-369,757	–	-1.32%	–
IBN	Exit	ICICI BK LTDadr	$0	–	-4,103,131	–	-1.50%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-29,615	–	-1.54%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-157,032	–	-1.77%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-380,302	–	-1.88%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-586,427	–	-1.95%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-252,220	–	-2.10%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-1,337,279	–	-2.28%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-243,167	–	-2.33%	–
IQV	Exit	IQVIA HLDGS INC	$0	–	-417,400	–	-2.34%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-342,191	–	-2.57%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-406,760	–	-2.64%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-232,129	–	-2.70%	–
ASML	Exit	ASML HOLDING N V	$0	–	-608,597	–	-4.93%	–
QGEN	Exit	QIAGEN NV	$0	–	-4,177,260	–	-6.82%	–
HDB	Exit	HDFC BANK LTD	$0	–	-1,818,859	–	-7.38%	–
MLCO	Exit	MELCO RESORT ENTERTAINMENT Ladr	$0	–	-9,892,435	–	-9.02%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-1,307,657	–	-9.29%	–
AVGO	Exit	BROADCOM INC	$0	–	-1,090,465	–	-11.60%	–

Q3 2018

			Value		Shares		↓ Weighting
AVGO	Buy	BROADCOM INC	$269,050,000	+2.6%	1,090,465	+0.9%	11.60%	+4.6%
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored ads	$215,449,000	-10.3%	1,307,657	+1.0%	9.29%	-8.5%
MLCO	Buy	MELCO RESORT ENTERTAINMENT Ladr	$209,225,000	-15.9%	9,892,435	+11.4%	9.02%	-14.2%
HDB	Sell	HDFC BANK LTD	$171,155,000	-37.3%	1,818,859	-30.0%	7.38%	-36.1%
QGEN	Buy	QIAGEN NV	$158,235,000	+16.4%	4,177,260	+11.1%	6.82%	+18.8%
ASML	Sell	ASML HOLDING N V	$114,429,000	-5.3%	608,597	-0.3%	4.93%	-3.4%
ADBE	Sell	ADOBE SYS INC	$62,663,000	+5.4%	232,129	-4.8%	2.70%	+7.5%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$61,282,000	+9.8%	406,760	-2.2%	2.64%	+12.0%
EW	Sell	EDWARDS LIFESCIENCES CORP	$59,575,000	+18.0%	342,191	-1.3%	2.57%	+20.4%
IQV	Sell	IQVIA HLDGS INC	$54,154,000	+28.0%	417,400	-1.5%	2.34%	+30.6%
MA	Sell	MASTERCARD INCORPORATEDcl a	$54,131,000	+9.4%	243,167	-3.4%	2.33%	+11.6%
AZN	Buy	ASTRAZENECA PLCsponsored adr	$52,916,000	+22.4%	1,337,279	+8.6%	2.28%	+24.8%
VRTX	Sell	VERTEX PHARMACEUTICALS INC	$48,613,000	+11.7%	252,220	-1.5%	2.10%	+13.9%
CTSH	Sell	COGNIZANT TECHNOLOGY SOLUTIOcl a	$45,243,000	-4.0%	586,427	-1.7%	1.95%	-2.1%
MSFT	Sell	MICROSOFT CORP	$43,495,000	+14.5%	380,302	-1.3%	1.88%	+16.8%
BDX	Sell	BECTON DICKINSON & CO	$40,986,000	+6.8%	157,032	-1.9%	1.77%	+9.0%
GOOGL	Sell	ALPHABET INCcap stk cl a	$35,748,000	+5.0%	29,615	-1.8%	1.54%	+7.1%
IBN	New	ICICI BK LTDadr	$34,836,000	–	4,103,131	–	1.50%	–
MMC	Sell	MARSH & MCLENNAN COS INC	$30,586,000	+0.1%	369,757	-0.8%	1.32%	+2.2%
FLIR	Sell	FLIR SYS INC	$29,423,000	+17.1%	478,649	-1.0%	1.27%	+19.4%
MDT	Sell	MEDTRONIC PLC	$29,343,000	+14.0%	298,297	-0.8%	1.26%	+16.3%
SLB	Sell	SCHLUMBERGER LTD	$29,196,000	-10.7%	479,250	-1.8%	1.26%	-8.9%
PHG	Sell	KONINKLIJKE PHILIPS N Vny reg sh new	$29,087,000	+7.3%	639,132	-0.4%	1.25%	+9.4%
AAPL	Sell	APPLE INC	$28,506,000	+21.0%	126,279	-0.8%	1.23%	+23.5%
CMCSA	Sell	COMCAST CORP NEWcl a	$27,663,000	+7.0%	781,232	-0.8%	1.19%	+9.2%
CSCO	Sell	CISCO SYS INC	$26,904,000	+12.0%	553,013	-0.9%	1.16%	+14.3%
EOG	Sell	EOG RES INC	$25,784,000	+1.4%	202,115	-1.1%	1.11%	+3.4%
JNJ	Sell	JOHNSON & JOHNSON	$25,139,000	+13.3%	181,944	-0.5%	1.08%	+15.6%
VAR	Sell	VARIAN MED SYS INC	$23,802,000	-2.3%	212,647	-0.7%	1.03%	-0.3%
FMC	Sell	F M C CORP	$21,760,000	-3.0%	249,596	-0.7%	0.94%	-1.1%
SWK	Sell	STANLEY BLACK & DECKER INC	$21,699,000	-29.8%	148,175	-36.3%	0.94%	-28.4%
AMZN	Sell	AMAZON COM INC	$21,642,000	+2.1%	10,805	-13.4%	0.93%	+4.1%
PTC	Sell	PTC INC	$20,946,000	+10.5%	197,250	-2.4%	0.90%	+12.7%
DGX	Sell	QUEST DIAGNOSTICS INC	$20,125,000	-2.2%	186,494	-0.4%	0.87%	-0.2%
ALB	Sell	ALBEMARLE CORP	$19,419,000	+5.3%	194,622	-0.4%	0.84%	+7.4%
JPM	Sell	JPMORGAN CHASE & CO	$19,155,000	+5.9%	169,750	-2.2%	0.83%	+8.1%
CERN	Sell	CERNER CORP	$18,566,000	+7.0%	288,246	-0.7%	0.80%	+9.1%
GOOG	Sell	ALPHABET INCcap stk cl c	$18,465,000	+5.9%	15,472	-1.0%	0.80%	+8.0%
OXY	Sell	OCCIDENTAL PETE CORP DEL	$14,422,000	-3.9%	175,520	-2.1%	0.62%	-1.9%
CELG	Sell	CELGENE CORP	$12,161,000	+11.3%	135,890	-1.2%	0.52%	+13.4%
GE	Sell	GENERAL ELECTRIC CO	$8,884,000	-18.5%	786,931	-1.7%	0.38%	-16.7%
FB	Sell	FACEBOOK INCcl a	$8,853,000	-17.8%	53,830	-2.9%	0.38%	-16.0%
KTOS	New	KRATOS DEFENSE & SEC SOLUTIO	$6,259,000	–	423,511	–	0.27%	–
GWPH	Buy	GW PHARMACEUTICALS PLCads	$5,958,000	+84.3%	34,490	+48.9%	0.26%	+87.6%
JAZZ	Sell	JAZZ PHARMACEUTICALS PLC	$5,863,000	-3.1%	34,870	-0.7%	0.25%	-1.2%
OKE	Sell	ONEOK INC NEW	$1,006,000	-6.7%	14,842	-3.8%	0.04%	-6.5%
IPGP	Exit	IPG PHOTONICS CORP	$0	–	-1,000	–	-0.01%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-4,379	–	-0.01%	–
NVRO	Exit	NEVRO CORP	$0	–	-95,560	–	-0.32%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-170,830	–	-0.35%	–

Q2 2018

			Value		Shares		↓ Weighting
HDB	New	HDFC BANK LTD	$273,056,000	–	2,600,039	–	11.54%	–
AVGO	New	BROADCOM INC	$262,308,000	–	1,081,060	–	11.09%	–
MLCO	New	MELCO RESORT ENTERTAINMENT Ladr	$248,665,000	–	8,880,877	–	10.51%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$240,223,000	–	1,294,794	–	10.15%	–
QGEN	New	QIAGEN NV	$135,902,000	–	3,758,339	–	5.74%	–
ASML	New	ASML HOLDING N V	$120,842,000	–	610,404	–	5.11%	–
ADBE	New	ADOBE SYS INC	$59,438,000	–	243,789	–	2.51%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$55,805,000	–	416,020	–	2.36%	–
EW	New	EDWARDS LIFESCIENCES CORP	$50,471,000	–	346,711	–	2.13%	–
MA	New	MASTERCARD INCORPORATEDcl a	$49,481,000	–	251,787	–	2.09%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$47,135,000	–	596,727	–	1.99%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$43,536,000	–	256,150	–	1.84%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$43,219,000	–	1,230,959	–	1.83%	–
IQV	New	IQVIA HLDGS INC	$42,308,000	–	423,840	–	1.79%	–
BDX	New	BECTON DICKINSON & CO	$38,362,000	–	160,132	–	1.62%	–
MSFT	New	MICROSOFT CORP	$37,982,000	–	385,172	–	1.60%	–
GOOGL	New	ALPHABET INCcap stk cl a	$34,039,000	–	30,145	–	1.44%	–
SLB	New	SCHLUMBERGER LTD	$32,700,000	–	487,850	–	1.38%	–
SWK	New	STANLEY BLACK & DECKER INC	$30,890,000	–	232,585	–	1.30%	–
MMC	New	MARSH & MCLENNAN COS INC	$30,548,000	–	372,677	–	1.29%	–
PHG	New	KONINKLIJKE PHILIPS N Vny reg sh new	$27,120,000	–	641,578	–	1.15%	–
CMCSA	New	COMCAST CORP NEWcl a	$25,850,000	–	787,876	–	1.09%	–
MDT	New	MEDTRONIC PLC	$25,749,000	–	300,767	–	1.09%	–
EOG	New	EOG RES INC	$25,438,000	–	204,435	–	1.08%	–
FLIR	New	FLIR SYS INC	$25,124,000	–	483,429	–	1.06%	–
VAR	New	VARIAN MED SYS INC	$24,355,000	–	214,167	–	1.03%	–
CSCO	New	CISCO SYS INC	$24,018,000	–	558,163	–	1.02%	–
AAPL	New	APPLE INC	$23,554,000	–	127,244	–	1.00%	–
FMC	New	F M C CORP	$22,429,000	–	251,416	–	0.95%	–
JNJ	New	JOHNSON & JOHNSON	$22,189,000	–	182,864	–	0.94%	–
AMZN	New	AMAZON COM INC	$21,205,000	–	12,475	–	0.90%	–
DGX	New	QUEST DIAGNOSTICS INC	$20,585,000	–	187,234	–	0.87%	–
PTC	New	PTC INC	$18,960,000	–	202,110	–	0.80%	–
ALB	New	ALBEMARLE CORP	$18,438,000	–	195,462	–	0.78%	–
JPM	New	JPMORGAN CHASE & CO	$18,084,000	–	173,550	–	0.76%	–
GOOG	New	ALPHABET INCcap stk cl c	$17,440,000	–	15,632	–	0.74%	–
CERN	New	CERNER CORP	$17,348,000	–	290,146	–	0.73%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$15,008,000	–	179,350	–	0.63%	–
CELG	New	CELGENE CORP	$10,927,000	–	137,580	–	0.46%	–
GE	New	GENERAL ELECTRIC CO	$10,894,000	–	800,421	–	0.46%	–
FB	New	FACEBOOK INCcl a	$10,769,000	–	55,420	–	0.46%	–
SBUX	New	STARBUCKS CORP	$8,345,000	–	170,830	–	0.35%	–
NVRO	New	NEVRO CORP	$7,630,000	–	95,560	–	0.32%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$6,309,000	–	228,026	–	0.27%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$6,049,000	–	35,110	–	0.26%	–
ABBV	New	ABBVIE INC	$4,587,000	–	49,508	–	0.19%	–
GWPH	New	GW PHARMACEUTICALS PLCads	$3,233,000	–	23,170	–	0.14%	–
ABT	New	ABBOTT LABS	$3,023,000	–	49,558	–	0.13%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,801,000	–	55,640	–	0.12%	–
XOM	New	EXXON MOBIL CORP	$2,754,000	–	33,283	–	0.12%	–
LPT	New	LIBERTY PPTY TRsh ben int	$2,499,000	–	56,371	–	0.11%	–
BIDU	New	BAIDU INCspon adr rep a	$2,418,000	–	9,950	–	0.10%	–
MTB	New	M & T BK CORP	$2,217,000	–	13,030	–	0.09%	–
PG	New	PROCTER AND GAMBLE CO	$1,536,000	–	19,678	–	0.06%	–
HIW	New	HIGHWOODS PPTYS INC	$1,334,000	–	26,300	–	0.06%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$1,105,000	–	45,457	–	0.05%	–
OKE	New	ONEOK INC NEW	$1,078,000	–	15,433	–	0.05%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$900,000	–	9,900	–	0.04%	–
MRK	New	MERCK & CO INC	$798,000	–	13,150	–	0.03%	–
ETP	New	ENERGY TRANSFER PARTNERS LPunit ltd prt int	$789,000	–	41,430	–	0.03%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$575,000	–	8,300	–	0.02%	–
DEO	New	DIAGEO P L Cspon adr new	$572,000	–	3,970	–	0.02%	–
KO	New	COCA COLA CO	$518,000	–	11,800	–	0.02%	–
T	New	AT&T INC	$489,000	–	15,224	–	0.02%	–
CVX	New	CHEVRON CORP NEW	$424,000	–	3,350	–	0.02%	–
WBK	New	WESTPAC BKG CORPsponsored adr	$437,000	–	20,171	–	0.02%	–
BXMT	New	BLACKSTONE MTG TR INC	$395,000	–	12,570	–	0.02%	–
CLR	New	CONTINENTAL RESOURCES INC	$259,000	–	4,000	–	0.01%	–
HSY	New	HERSHEY CO	$270,000	–	2,900	–	0.01%	–
IPGP	New	IPG PHOTONICS CORP	$221,000	–	1,000	–	0.01%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$206,000	–	4,379	–	0.01%	–

Q4 2017

			Value		Shares		↓ Weighting
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-4,379	–	-0.01%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-10,570	–	-0.01%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.01%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,350	–	-0.02%	–
IPGP	Exit	IPG PHOTONICS CORP	$0	–	-2,500	–	-0.02%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-8,300	–	-0.02%	–
WBK	Exit	WESTPAC BKG CORPsponsored adr	$0	–	-20,171	–	-0.02%	–
KO	Exit	COCA COLA CO	$0	–	-11,800	–	-0.02%	–
T	Exit	AT&T INC	$0	–	-17,790	–	-0.03%	–
ETP	Exit	ENERGY TRANSFER PARTNERS LPunit ltd prt int	$0	–	-41,430	–	-0.03%	–
MRK	Exit	MERCK & CO INC	$0	–	-13,150	–	-0.04%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-9,900	–	-0.04%	–
OKE	Exit	ONEOK INC NEW	$0	–	-20,758	–	-0.05%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-42,879	–	-0.05%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-26,300	–	-0.06%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-7,050	–	-0.08%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-20,778	–	-0.08%	–
MTB	Exit	M & T BK CORP	$0	–	-13,130	–	-0.09%	–
LPT	Exit	LIBERTY PPTY TRsh ben int	$0	–	-56,071	–	-0.10%	–
ABT	Exit	ABBOTT LABS	$0	–	-50,358	–	-0.12%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-32,738	–	-0.12%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-55,701	–	-0.12%	–
ABBV	Exit	ABBVIE INC	$0	–	-50,408	–	-0.19%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-228,026	–	-0.25%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS PLC	$0	–	-43,580	–	-0.27%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-112,450	–	-0.31%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-166,670	–	-0.38%	–
NVRO	Exit	NEVRO CORP	$0	–	-99,540	–	-0.39%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-74,933	–	-0.42%	–
NLSN	Exit	NIELSEN HLDGS PLC	$0	–	-324,377	–	-0.57%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-86,512	–	-0.72%	–
AMZN	Exit	AMAZON COM INC	$0	–	-18,425	–	-0.76%	–
JHX	Exit	JAMES HARDIE INDS PLCsponsored adr	$0	–	-1,304,539	–	-0.78%	–
DGX	Exit	QUEST DIAGNOSTICS INC	$0	–	-198,324	–	-0.79%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-195,410	–	-0.80%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-111,670	–	-0.81%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-159,502	–	-0.82%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-20,240	–	-0.83%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-854,261	–	-0.88%	–
EOG	Exit	EOG RES INC	$0	–	-217,995	–	-0.90%	–
CERN	Exit	CERNER CORP	$0	–	-306,136	–	-0.93%	–
VAR	Exit	VARIAN MED SYS INC	$0	–	-229,872	–	-0.98%	–
CSCO	Exit	CISCO SYS INC	$0	–	-709,523	–	-1.02%	–
FMC	Exit	F M C CORP	$0	–	-267,356	–	-1.02%	–
FLIR	Exit	FLIR SYS INC	$0	–	-617,288	–	-1.02%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-324,342	–	-1.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-196,082	–	-1.09%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-175,482	–	-1.15%	–
PHG	Exit	KONINKLIJKE PHILIPS N Vny reg sh new	$0	–	-656,657	–	-1.16%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-30,353	–	-1.26%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-451,491	–	-1.34%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-426,992	–	-1.36%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-859,736	–	-1.41%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-406,377	–	-1.45%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-285,837	–	-1.66%	–
AAPL	Exit	APPLE INC	$0	–	-256,084	–	-1.68%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-291,857	–	-1.76%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-380,471	–	-1.78%	–
Q	Exit	QUINTILES IMS HOLDINGS INC	$0	–	-453,320	–	-1.84%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-611,712	–	-1.89%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-319,385	–	-2.06%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-455,625	–	-2.13%	–
CELG	Exit	CELGENE CORP	$0	–	-343,960	–	-2.14%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-345,629	–	-2.20%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-626,589	–	-3.02%	–
QGEN	Exit	QIAGEN NV	$0	–	-3,606,995	–	-4.85%	–
ASML	Exit	ASML HOLDING N V	$0	–	-810,806	–	-5.92%	–
AGN	Exit	ALLERGAN PLC	$0	–	-935,713	–	-8.18%	–
AVGO	Exit	BROADCOM LTD	$0	–	-947,913	–	-9.81%	–
BABA	Exit	ALIBABA GROUP HLDG LTDsponsored ads	$0	–	-1,355,394	–	-9.99%	–
HDB	Exit	HDFC BANK LTD	$0	–	-2,626,945	–	-10.80%	–

Q3 2017

			Value		Shares		↓ Weighting
HDB	Buy	HDFC BANK LTD	$253,158,000	+12.6%	2,626,945	+1.6%	10.80%	+11.3%
BABA	Sell	ALIBABA GROUP HLDG LTDsponsored ads	$234,090,000	+11.5%	1,355,394	-9.0%	9.99%	+10.3%
AVGO	Buy	BROADCOM LTD	$229,907,000	+5.7%	947,913	+1.6%	9.81%	+4.5%
AGN	Buy	ALLERGAN PLC	$191,774,000	-14.5%	935,713	+1.4%	8.18%	-15.5%
ASML	Sell	ASML HOLDING N V	$138,810,000	+30.9%	810,806	-0.4%	5.92%	+29.4%
QGEN	Sell	QIAGEN NV	$113,620,000	-6.2%	3,606,995	-0.2%	4.85%	-7.2%
NXPI	Sell	NXP SEMICONDUCTORS N V	$70,861,000	+2.5%	626,589	-0.8%	3.02%	+1.4%
ADBE	Sell	ADOBE SYS INC	$51,561,000	+5.4%	345,629	-0.1%	2.20%	+4.2%
CELG	Buy	CELGENE CORP	$50,156,000	+13.0%	343,960	+0.6%	2.14%	+11.7%
ADP	Buy	AUTOMATIC DATA PROCESSING IN	$49,809,000	+11.4%	455,625	+4.5%	2.13%	+10.2%
SWK	Buy	STANLEY BLACK & DECKER INC	$48,217,000	+7.8%	319,385	+0.5%	2.06%	+6.6%
CTSH	Buy	COGNIZANT TECHNOLOGY SOLUTIOcl a	$44,373,000	+22.4%	611,712	+12.1%	1.89%	+21.1%
Q	Buy	QUINTILES IMS HOLDINGS INC	$43,097,000	+22.7%	453,320	+15.5%	1.84%	+21.3%
EW	Buy	EDWARDS LIFESCIENCES CORP	$41,589,000	-7.3%	380,471	+0.3%	1.78%	-8.3%
MA	Buy	MASTERCARD INCORPORATEDcl a	$41,210,000	+16.9%	291,857	+0.5%	1.76%	+15.6%
AAPL	Buy	APPLE INC	$39,467,000	+7.2%	256,084	+0.1%	1.68%	+5.9%
ALB	Buy	ALBEMARLE CORP	$38,962,000	+31.7%	285,837	+1.9%	1.66%	+30.2%
MMC	Buy	MARSH & MCLENNAN COS INC	$34,058,000	+7.8%	406,377	+0.3%	1.45%	+6.6%
CMCSA	Buy	COMCAST CORP NEWcl a	$33,083,000	-0.9%	859,736	+0.2%	1.41%	-2.0%
MSFT	Buy	MICROSOFT CORP	$31,807,000	+8.6%	426,992	+0.5%	1.36%	+7.4%
SLB	Buy	SCHLUMBERGER LTD	$31,496,000	+6.2%	451,491	+0.2%	1.34%	+5.0%
GOOGL	Buy	ALPHABET INCcap stk cl a	$29,555,000	+5.0%	30,353	+0.2%	1.26%	+3.8%
PHG	Sell	KONINKLIJKE PHILIPS N Vny reg sh new	$27,054,000	+14.1%	656,657	-0.8%	1.16%	+12.9%
SHPG	Sell	SHIRE PLCsponsored adr	$26,873,000	-8.2%	175,482	-0.9%	1.15%	-9.2%
JNJ	Buy	JOHNSON & JOHNSON	$25,493,000	-0.8%	196,082	+1.0%	1.09%	-1.9%
MDT	Buy	MEDTRONIC PLC	$25,224,000	-11.8%	324,342	+0.7%	1.08%	-12.8%
FLIR	Buy	FLIR SYS INC	$24,019,000	+13.5%	617,288	+1.1%	1.02%	+12.3%
FMC	Buy	F M C CORP	$23,878,000	+23.3%	267,356	+0.8%	1.02%	+21.9%
CSCO	Sell	CISCO SYS INC	$23,861,000	+7.4%	709,523	-0.1%	1.02%	+6.2%
VAR	Buy	VARIAN MED SYS INC	$23,001,000	-2.5%	229,872	+0.5%	0.98%	-3.5%
CERN	Buy	CERNER CORP	$21,834,000	+8.4%	306,136	+1.0%	0.93%	+7.2%
EOG	Sell	EOG RES INC	$21,089,000	+6.8%	217,995	-0.1%	0.90%	+5.6%
GE	Buy	GENERAL ELECTRIC CO	$20,656,000	+9.0%	854,261	+21.8%	0.88%	+7.7%
GOOG	Sell	ALPHABET INCcap stk cl c	$19,412,000	+5.2%	20,240	-0.3%	0.83%	+4.0%
FFIV	Buy	F5 NETWORKS INC	$19,230,000	-4.8%	159,502	+0.3%	0.82%	-5.8%
FB	Buy	FACEBOOK INCcl a	$19,082,000	+46.7%	111,670	+29.6%	0.81%	+45.1%
JPM	Buy	JPMORGAN CHASE & CO	$18,664,000	+23.4%	195,410	+18.1%	0.80%	+21.9%
DGX	Buy	QUEST DIAGNOSTICS INC	$18,571,000	-15.3%	198,324	+0.6%	0.79%	-16.2%
JHX	Sell	JAMES HARDIE INDS PLCsponsored adr	$18,342,000	-11.5%	1,304,539	-0.8%	0.78%	-12.5%
AMZN	Sell	AMAZON COM INC	$17,713,000	-0.8%	18,425	-0.1%	0.76%	-1.9%
BDX	Buy	BECTON DICKINSON & CO	$16,952,000	+0.9%	86,512	+0.5%	0.72%	-0.3%
NLSN	Buy	NIELSEN HLDGS PLC	$13,445,000	+8.3%	324,377	+1.0%	0.57%	+7.1%
DEO	Buy	DIAGEO P L Cspon adr new	$9,901,000	+10.7%	74,933	+0.4%	0.42%	+9.6%
NVRO	Buy	NEVRO CORP	$9,046,000	+23.4%	99,540	+1.1%	0.39%	+22.2%
SBUX	Sell	STARBUCKS CORP	$8,952,000	-8.3%	166,670	-0.5%	0.38%	-9.3%
OXY	Buy	OCCIDENTAL PETE CORP DEL	$7,220,000	+9.5%	112,450	+2.1%	0.31%	+8.5%
JAZZ	Sell	JAZZ PHARMACEUTICALS PLC	$6,374,000	-7.2%	43,580	-1.4%	0.27%	-8.4%
EPD	Sell	ENTERPRISE PRODS PARTNERS L	$5,945,000	-4.9%	228,026	-1.2%	0.25%	-5.9%
ABBV	Sell	ABBVIE INC	$4,479,000	+21.1%	50,408	-1.2%	0.19%	+19.4%
FMS	Sell	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,723,000	-0.0%	55,701	-1.2%	0.12%	-1.7%
ABT	Sell	ABBOTT LABS	$2,687,000	+8.4%	50,358	-1.2%	0.12%	+7.5%
LPT	Sell	LIBERTY PPTY TRsh ben int	$2,302,000	0.0%	56,071	-0.8%	0.10%	-1.0%
HIW	Buy	HIGHWOODS PPTYS INC	$1,370,000	+6.8%	26,300	+4.0%	0.06%	+5.5%
VOD	Sell	VODAFONE GROUP PLC NEWsponsored adr	$1,220,000	-1.8%	42,879	-0.8%	0.05%	-3.7%
OKE	New	ONEOK INC NEW	$1,150,000	–	20,758	–	0.05%	–
ETP	New	ENERGY TRANSFER PARTNERS LPunit ltd prt int	$758,000	–	41,430	–	0.03%	–
T	Sell	AT&T INC	$697,000	-0.6%	17,790	-4.3%	0.03%	0.0%
KO	Sell	COCA COLA CO	$531,000	-6.5%	11,800	-6.8%	0.02%	-8.0%
WBK	Sell	WESTPAC BKG CORPsponsored adr	$509,000	+0.8%	20,171	-6.5%	0.02%	0.0%
IPGP	Sell	IPG PHOTONICS CORP	$463,000	+6.4%	2,500	-16.7%	0.02%	+5.3%
HSBC	Sell	HSBC HLDGS PLCspon adr new	$216,000	-1.4%	4,379	-7.0%	0.01%	0.0%
OKS	Exit	ONEOK PARTNERS LPunit ltd partn	$0	–	-21,582	–	-0.05%	–
VREX	Exit	VAREX IMAGING CORP	$0	–	-94,504	–	-0.14%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-296,464	–	-0.64%	–
DKS	Exit	DICKS SPORTING GOODS INC	$0	–	-383,737	–	-0.66%	–
MON	Exit	MONSANTO CO NEW	$0	–	-174,580	–	-0.89%	–
IX	Exit	ORIX CORPsponsored adr	$0	–	-317,536	–	-1.07%	–
MBBYF	Exit	MOBILEYE N V AMSTELVEEN	$0	–	-480,210	–	-1.30%	–

Q2 2017

			Value		Shares		↓ Weighting
HDB	New	HDFC BANK LTD	$224,824,000	–	2,585,072	–	9.70%	–
AGN	New	ALLERGAN PLC	$224,284,000	–	922,636	–	9.68%	–
AVGO	New	BROADCOM LTD	$217,513,000	–	933,331	–	9.39%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored ads	$209,879,000	–	1,489,560	–	9.06%	–
QGEN	New	QIAGEN NV	$121,126,000	–	3,612,479	–	5.23%	–
ASML	New	ASML HOLDING N V	$106,053,000	–	813,849	–	4.58%	–
NXPI	New	NXP SEMICONDUCTORS N V	$69,099,000	–	631,327	–	2.98%	–
ADBE	New	ADOBE SYS INC	$48,918,000	–	345,857	–	2.11%	–
EW	New	EDWARDS LIFESCIENCES CORP	$44,854,000	–	379,351	–	1.94%	–
SWK	New	STANLEY BLACK & DECKER INC	$44,741,000	–	317,915	–	1.93%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$44,693,000	–	436,204	–	1.93%	–
CELG	New	CELGENE CORP	$44,400,000	–	341,880	–	1.92%	–
AAPL	New	APPLE INC	$36,833,000	–	255,749	–	1.59%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$36,240,000	–	545,792	–	1.56%	–
MA	New	MASTERCARD INCORPORATEDcl a	$35,261,000	–	290,337	–	1.52%	–
Q	New	QUINTILES IMS HOLDINGS INC	$35,123,000	–	392,430	–	1.52%	–
CMCSA	New	COMCAST CORP NEWcl a	$33,390,000	–	857,906	–	1.44%	–
MMC	New	MARSH & MCLENNAN COS INC	$31,581,000	–	405,097	–	1.36%	–
MBBYF	New	MOBILEYE N V AMSTELVEEN	$30,157,000	–	480,210	–	1.30%	–
SLB	New	SCHLUMBERGER LTD	$29,657,000	–	450,439	–	1.28%	–
ALB	New	ALBEMARLE CORP	$29,594,000	–	280,407	–	1.28%	–
MSFT	New	MICROSOFT CORP	$29,296,000	–	425,012	–	1.26%	–
SHPG	New	SHIRE PLCsponsored adr	$29,260,000	–	177,042	–	1.26%	–
MDT	New	MEDTRONIC PLC	$28,598,000	–	322,232	–	1.23%	–
GOOGL	New	ALPHABET INCcap stk cl a	$28,154,000	–	30,283	–	1.22%	–
JNJ	New	JOHNSON & JOHNSON	$25,694,000	–	194,222	–	1.11%	–
IX	New	ORIX CORPsponsored adr	$24,746,000	–	317,536	–	1.07%	–
PHG	New	KONINKLIJKE PHILIPS N Vny reg sh new	$23,712,000	–	661,981	–	1.02%	–
VAR	New	VARIAN MED SYS INC	$23,593,000	–	228,637	–	1.02%	–
CSCO	New	CISCO SYS INC	$22,219,000	–	709,878	–	0.96%	–
DGX	New	QUEST DIAGNOSTICS INC	$21,917,000	–	197,164	–	0.95%	–
FLIR	New	FLIR SYS INC	$21,159,000	–	610,468	–	0.91%	–
JHX	New	JAMES HARDIE INDS PLCsponsored adr	$20,728,000	–	1,314,398	–	0.90%	–
MON	New	MONSANTO CO NEW	$20,663,000	–	174,580	–	0.89%	–
FFIV	New	F5 NETWORKS INC	$20,203,000	–	159,002	–	0.87%	–
CERN	New	CERNER CORP	$20,141,000	–	303,016	–	0.87%	–
EOG	New	EOG RES INC	$19,749,000	–	218,175	–	0.85%	–
FMC	New	F M C CORP	$19,370,000	–	265,166	–	0.84%	–
GE	New	GENERAL ELECTRIC CO	$18,943,000	–	701,331	–	0.82%	–
GOOG	New	ALPHABET INCcap stk cl c	$18,448,000	–	20,300	–	0.80%	–
AMZN	New	AMAZON COM INC	$17,854,000	–	18,445	–	0.77%	–
BDX	New	BECTON DICKINSON & CO	$16,801,000	–	86,112	–	0.72%	–
DKS	New	DICKS SPORTING GOODS INC	$15,284,000	–	383,737	–	0.66%	–
JPM	New	JPMORGAN CHASE & CO	$15,122,000	–	165,440	–	0.65%	–
TTE	New	TOTAL S Asponsored adr	$14,702,000	–	296,464	–	0.64%	–
FB	New	FACEBOOK INCcl a	$13,009,000	–	86,160	–	0.56%	–
NLSN	New	NIELSEN HLDGS PLC	$12,414,000	–	321,117	–	0.54%	–
SBUX	New	STARBUCKS CORP	$9,765,000	–	167,470	–	0.42%	–
DEO	New	DIAGEO P L Cspon adr new	$8,944,000	–	74,638	–	0.39%	–
NVRO	New	NEVRO CORP	$7,331,000	–	98,490	–	0.32%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$6,872,000	–	44,190	–	0.30%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$6,592,000	–	110,100	–	0.28%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$6,251,000	–	230,824	–	0.27%	–
ABBV	New	ABBVIE INC	$3,700,000	–	51,024	–	0.16%	–
VREX	New	VAREX IMAGING CORP	$3,194,000	–	94,504	–	0.14%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,724,000	–	56,371	–	0.12%	–
XOM	New	EXXON MOBIL CORP	$2,643,000	–	32,738	–	0.11%	–
ABT	New	ABBOTT LABS	$2,478,000	–	50,974	–	0.11%	–
LPT	New	LIBERTY PPTY TRsh ben int	$2,302,000	–	56,540	–	0.10%	–
MTB	New	M & T BK CORP	$2,126,000	–	13,130	–	0.09%	–
PG	New	PROCTER AND GAMBLE CO	$1,811,000	–	20,778	–	0.08%	–
HIW	New	HIGHWOODS PPTYS INC	$1,283,000	–	25,300	–	0.06%	–
BIDU	New	BAIDU INCspon adr rep a	$1,261,000	–	7,050	–	0.05%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$1,242,000	–	43,242	–	0.05%	–
OKS	New	ONEOK PARTNERS LPunit ltd partn	$1,102,000	–	21,582	–	0.05%	–
MRK	New	MERCK & CO INC	$843,000	–	13,150	–	0.04%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$764,000	–	9,900	–	0.03%	–
T	New	AT&T INC	$701,000	–	18,590	–	0.03%	–
KO	New	COCA COLA CO	$568,000	–	12,656	–	0.02%	–
WBK	New	WESTPAC BKG CORPsponsored adr	$505,000	–	21,576	–	0.02%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$441,000	–	8,300	–	0.02%	–
IPGP	New	IPG PHOTONICS CORP	$435,000	–	3,000	–	0.02%	–
CVX	New	CHEVRON CORP NEW	$350,000	–	3,350	–	0.02%	–
BXMT	New	BLACKSTONE MTG TR INC	$334,000	–	10,570	–	0.01%	–
HSY	New	HERSHEY CO	$311,000	–	2,900	–	0.01%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$219,000	–	4,711	–	0.01%	–

Q4 2016

			Value		Shares		↓ Weighting
CS	Exit	CREDIT SUISSE GROUPsponsored adr	$0	–	-14,073	–	-0.01%	–
CLR	Exit	CONTINENTAL RESOURCES INC	$0	–	-4,000	–	-0.01%	–
TRGP	Exit	TARGA RES CORP	$0	–	-4,526	–	-0.01%	–
LLTC	Exit	LINEAR TECHNOLOGY CORP	$0	–	-5,000	–	-0.01%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.01%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-5,321	–	-0.01%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-9,520	–	-0.01%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,350	–	-0.02%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-8,300	–	-0.02%	–
IPGP	Exit	IPG PHOTONICS CORP	$0	–	-5,700	–	-0.02%	–
KO	Exit	COCA COLA CO	$0	–	-12,656	–	-0.02%	–
WBK	Exit	WESTPAC BKG CORPsponsored adr	$0	–	-23,380	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-9,900	–	-0.03%	–
T	Exit	AT&T INC	$0	–	-19,766	–	-0.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-13,150	–	-0.04%	–
OKS	Exit	ONEOK PARTNERS LPunit ltd partn	$0	–	-22,160	–	-0.04%	–
ETP	Exit	ENERGY TRANSFER PRTNRS L Punit ltd partn	$0	–	-26,230	–	-0.04%	–
VOD	Exit	VODAFONE GROUP PLC NEWspnsr adr	$0	–	-43,548	–	-0.06%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-25,300	–	-0.06%	–
MTB	Exit	M & T BK CORP	$0	–	-13,890	–	-0.07%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-20,778	–	-0.08%	–
DVMT	Exit	DELL TECHNOLOGIES INC	$0	–	-44,066	–	-0.10%	–
ABT	Exit	ABBOTT LABS	$0	–	-51,600	–	-0.10%	–
LPT	Exit	LIBERTY PPTY TRsh ben int	$0	–	-57,064	–	-0.10%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-33,938	–	-0.14%	–
ABBV	Exit	ABBVIE INC	$0	–	-51,650	–	-0.15%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS PLC	$0	–	-46,140	–	-0.26%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-233,720	–	-0.29%	–
IX	Exit	ORIX CORPsponsored adr	$0	–	-102,416	–	-0.35%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-111,400	–	-0.37%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-71,521	–	-0.38%	–
TDC	Exit	TERADATA CORP DEL	$0	–	-270,150	–	-0.38%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-232,788	–	-0.44%	–
FMC	Exit	F M C CORP	$0	–	-264,300	–	-0.58%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-296,930	–	-0.64%	–
PHG	Exit	KONINKLIJKE PHILIPS N Vny reg sh new	$0	–	-479,447	–	-0.65%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-120,980	–	-0.71%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-355,976	–	-0.71%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-88,099	–	-0.72%	–
JHX	Exit	JAMES HARDIE INDS PLCsponsored adr	$0	–	-1,021,456	–	-0.73%	–
AMZN	Exit	AMAZON COM INC	$0	–	-19,815	–	-0.76%	–
NLSN	Exit	NIELSEN HLDGS PLC	$0	–	-328,190	–	-0.80%	–
DGX	Exit	QUEST DIAGNOSTICS INC	$0	–	-214,238	–	-0.82%	–
CERN	Exit	CERNER CORP	$0	–	-308,749	–	-0.87%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-25,623	–	-0.91%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-236,870	–	-0.92%	–
FLIR	Exit	FLIR SYS INC	$0	–	-658,800	–	-0.94%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-717,917	–	-0.97%	–
EOG	Exit	EOG RES INC	$0	–	-223,460	–	-0.98%	–
DKS	Exit	DICKS SPORTING GOODS INC	$0	–	-390,675	–	-1.01%	–
CSCO	Exit	CISCO SYS INC	$0	–	-719,551	–	-1.04%	–
VAR	Exit	VARIAN MED SYS INC	$0	–	-239,672	–	-1.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-204,888	–	-1.10%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-31,584	–	-1.16%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-133,192	–	-1.18%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-450,357	–	-1.18%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-307,164	–	-1.23%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-587,790	–	-1.28%	–
AAPL	Exit	APPLE INC	$0	–	-255,390	–	-1.31%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-339,177	–	-1.33%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-448,907	–	-1.37%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-301,520	–	-1.40%	–
MON	Exit	MONSANTO CO NEW	$0	–	-309,202	–	-1.44%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-479,628	–	-1.45%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-258,525	–	-1.47%	–
CELG	Exit	CELGENE CORP	$0	–	-342,415	–	-1.63%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-467,693	–	-1.67%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-341,954	–	-1.88%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-337,580	–	-1.89%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-446,895	–	-2.21%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-507,488	–	-4.20%	–
ASML	Exit	ASML HOLDING N V	$0	–	-930,062	–	-4.64%	–
QGEN	Exit	QIAGEN NV	$0	–	-3,786,208	–	-4.73%	–
MBBYF	Exit	MOBILEYE N V AMSTELVEEN	$0	–	-2,659,047	–	-5.15%	–
HDB	Exit	HDFC BANK LTD	$0	–	-2,278,806	–	-7.45%	–
AGN	Exit	ALLERGAN PLC	$0	–	-723,151	–	-7.58%	–
AVGO	Exit	BROADCOM LTD	$0	–	-1,202,622	–	-9.44%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-2,394,927	–	-11.12%	–

Q3 2016

			Value		Shares		↓ Weighting
NXPI	Sell	NXP SEMICONDUCTORS N V	$244,306,000	+29.7%	2,394,927	-0.4%	11.12%	+15.9%
AVGO	Sell	BROADCOM LTD	$207,477,000	+10.6%	1,202,622	-0.3%	9.44%	-1.1%
AGN	Buy	ALLERGAN PLC	$166,549,000	+24.1%	723,151	+24.6%	7.58%	+11.0%
HDB	Buy	HDFC BANK LTD	$163,823,000	+74.4%	2,278,806	+61.0%	7.45%	+55.9%
MBBYF	Sell	MOBILEYE N V AMSTELVEEN	$113,196,000	-8.5%	2,659,047	-0.8%	5.15%	-18.2%
QGEN	Sell	QIAGEN NV	$103,894,000	+25.5%	3,786,208	-0.3%	4.73%	+12.1%
ASML	Buy	ASML HOLDING N V	$101,917,000	+10.7%	930,062	+0.2%	4.64%	-1.0%
BIDU	Sell	BAIDU INCspon adr rep a	$92,399,000	+9.8%	507,488	-0.4%	4.20%	-1.9%
ADBE	Sell	ADOBE SYS INC	$48,506,000	+10.2%	446,895	-2.7%	2.21%	-1.5%
SWK	Sell	STANLEY BLACK & DECKER INC	$41,516,000	+8.3%	337,580	-2.0%	1.89%	-3.1%
EW	Sell	EDWARDS LIFESCIENCES CORP	$41,226,000	+14.7%	341,954	-5.1%	1.88%	+2.6%
SLB	Buy	SCHLUMBERGER LTD	$36,779,000	+0.6%	467,693	+1.1%	1.67%	-10.1%
CELG	Buy	CELGENE CORP	$35,793,000	+9.1%	342,415	+2.9%	1.63%	-2.5%
FFIV	Sell	F5 NETWORKS INC	$32,223,000	+8.2%	258,525	-1.2%	1.47%	-3.2%
CMCSA	Sell	COMCAST CORP NEWcl a	$31,819,000	-2.2%	479,628	-3.9%	1.45%	-12.5%
MON	Buy	MONSANTO CO NEW	$31,600,000	+2.0%	309,202	+3.2%	1.44%	-8.8%
MA	Sell	MASTERCARD INCORPORATEDcl a	$30,686,000	+13.4%	301,520	-1.9%	1.40%	+1.4%
MMC	Sell	MARSH & MCLENNAN COS INC	$30,189,000	-7.8%	448,907	-6.2%	1.37%	-17.6%
MDT	Sell	MEDTRONIC PLC	$29,305,000	-5.3%	339,177	-4.9%	1.33%	-15.4%
AAPL	Sell	APPLE INC	$28,872,000	+15.0%	255,390	-2.7%	1.31%	+2.9%
CTSH	Sell	COGNIZANT TECHNOLOGY SOLUTIOcl a	$28,044,000	-18.8%	587,790	-2.6%	1.28%	-27.4%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$27,092,000	-6.0%	307,164	-2.1%	1.23%	-15.9%
MSFT	Sell	MICROSOFT CORP	$25,941,000	+9.7%	450,357	-2.6%	1.18%	-2.0%
SHPG	Buy	SHIRE PLCsponsored adr	$25,821,000	+7.0%	133,192	+1.6%	1.18%	-4.3%
GOOGL	Sell	ALPHABET INCcap stk cl a	$25,395,000	+12.9%	31,584	-1.3%	1.16%	+0.9%
JNJ	Sell	JOHNSON & JOHNSON	$24,203,000	-5.2%	204,888	-2.7%	1.10%	-15.3%
VAR	Sell	VARIAN MED SYS INC	$23,855,000	+17.8%	239,672	-2.7%	1.08%	+5.2%
CSCO	Sell	CISCO SYS INC	$22,824,000	+7.7%	719,551	-2.6%	1.04%	-3.8%
DKS	Sell	DICKS SPORTING GOODS INC	$22,159,000	+25.1%	390,675	-0.6%	1.01%	+11.8%
EOG	Sell	EOG RES INC	$21,611,000	+14.0%	223,460	-1.7%	0.98%	+1.9%
GE	Sell	GENERAL ELECTRIC CO	$21,265,000	-8.2%	717,917	-2.4%	0.97%	-17.9%
FLIR	Sell	FLIR SYS INC	$20,699,000	+0.6%	658,800	-0.9%	0.94%	-10.0%
ALB	Buy	ALBEMARLE CORP	$20,250,000	+117.2%	236,870	+101.5%	0.92%	+94.3%
GOOG	Sell	ALPHABET INCcap stk cl c	$19,917,000	+6.1%	25,623	-5.5%	0.91%	-5.2%
CERN	Sell	CERNER CORP	$19,065,000	+3.6%	308,749	-1.7%	0.87%	-7.5%
DGX	Sell	QUEST DIAGNOSTICS INC	$18,131,000	+1.4%	214,238	-2.4%	0.82%	-9.3%
NLSN	Sell	NIELSEN HLDGS PLC	$17,581,000	+2.0%	328,190	-1.0%	0.80%	-8.8%
AMZN	Sell	AMAZON COM INC	$16,592,000	+12.9%	19,815	-3.5%	0.76%	+0.9%
JHX	Buy	JAMES HARDIE INDS PLCsponsored adr	$16,068,000	+3.9%	1,021,456	+1.3%	0.73%	-7.1%
BDX	Sell	BECTON DICKINSON & CO	$15,834,000	-0.1%	88,099	-5.7%	0.72%	-10.7%
FMS	Buy	FRESENIUS MED CARE AG&CO KGAsponsored adr	$15,581,000	+4.8%	355,976	+4.4%	0.71%	-6.2%
FB	Sell	FACEBOOK INCcl a	$15,519,000	+8.5%	120,980	-3.4%	0.71%	-3.0%
PHG	Buy	KONINKLIJKE PHILIPS N Vny reg sh new	$14,187,000	+20.4%	479,447	+1.5%	0.65%	+7.7%
TTE	Buy	TOTAL S Asponsored adr	$14,164,000	+9.9%	296,930	+10.8%	0.64%	-1.8%
FMC	Sell	F M C CORP	$12,776,000	+2.8%	264,300	-1.5%	0.58%	-8.2%
NVO	Buy	NOVO-NORDISK A Sadr	$9,682,000	-21.3%	232,788	+1.7%	0.44%	-29.6%
TDC	Sell	TERADATA CORP DEL	$8,375,000	+22.3%	270,150	-1.1%	0.38%	+9.2%
DEO	Sell	DIAGEO P L Cspon adr new	$8,299,000	-3.2%	71,521	-5.9%	0.38%	-13.3%
IX	Sell	ORIX CORPsponsored adr	$7,595,000	-62.2%	102,416	-67.4%	0.35%	-66.2%
EPD	Sell	ENTERPRISE PRODS PARTNERS L	$6,458,000	-15.9%	233,720	-10.9%	0.29%	-24.8%
JAZZ	Buy	JAZZ PHARMACEUTICALS PLC	$5,605,000	-12.9%	46,140	+1.3%	0.26%	-22.3%
XOM	Sell	EXXON MOBIL CORP	$2,962,000	-7.8%	33,938	-0.9%	0.14%	-17.2%
LPT	Sell	LIBERTY PPTY TRsh ben int	$2,303,000	-10.6%	57,064	-12.0%	0.10%	-19.8%
DVMT	New	DELL TECHNOLOGIES INC	$2,106,000	–	44,066	–	0.10%	–
HIW	Sell	HIGHWOODS PPTYS INC	$1,319,000	-17.6%	25,300	-16.5%	0.06%	-25.9%
VOD	Sell	VODAFONE GROUP PLC NEWspnsr adr	$1,269,000	-10.2%	43,548	-4.8%	0.06%	-19.4%
OKS	Sell	ONEOK PARTNERS LPunit ltd partn	$885,000	-8.6%	22,160	-8.3%	0.04%	-18.4%
EMR	Sell	EMERSON ELEC CO	$290,000	+0.7%	5,321	-3.6%	0.01%	-13.3%
TRGP	New	TARGA RES CORP	$222,000	–	4,526	–	0.01%	–
CLR	New	CONTINENTAL RESOURCES INC	$208,000	–	4,000	–	0.01%	–
EMC	Exit	E M C CORP MASS	$0	–	-396,452	–	-0.55%	–

Q2 2016

			Value		Shares		↓ Weighting
NXPI	New	NXP SEMICONDUCTORS N V	$188,399,000	–	2,404,883	–	9.59%	–
AVGO	New	BROADCOM LTD	$187,526,000	–	1,206,726	–	9.54%	–
AGN	New	ALLERGAN PLC	$134,170,000	–	580,594	–	6.83%	–
MBBYF	New	MOBILEYE N V AMSTELVEEN	$123,685,000	–	2,680,637	–	6.30%	–
HDB	New	HDFC BANK LTD	$93,914,000	–	1,415,436	–	4.78%	–
ASML	New	ASML HOLDING N V	$92,076,000	–	928,092	–	4.69%	–
BIDU	New	BAIDU INCspon adr rep a	$84,160,000	–	509,598	–	4.28%	–
QGEN	New	QIAGEN NV	$82,813,000	–	3,797,024	–	4.22%	–
ADBE	New	ADOBE SYS INC	$44,007,000	–	459,415	–	2.24%	–
SWK	New	STANLEY BLACK & DECKER INC	$38,321,000	–	344,550	–	1.95%	–
SLB	New	SCHLUMBERGER LTD	$36,572,000	–	462,466	–	1.86%	–
EW	New	EDWARDS LIFESCIENCES CORP	$35,937,000	–	360,342	–	1.83%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$34,541,000	–	603,450	–	1.76%	–
CELG	New	CELGENE CORP	$32,810,000	–	332,655	–	1.67%	–
MMC	New	MARSH & MCLENNAN COS INC	$32,759,000	–	478,506	–	1.67%	–
CMCSA	New	COMCAST CORP NEWcl a	$32,525,000	–	498,924	–	1.66%	–
MON	New	MONSANTO CO NEW	$30,970,000	–	299,492	–	1.58%	–
MDT	New	MEDTRONIC PLC	$30,961,000	–	356,822	–	1.58%	–
FFIV	New	F5 NETWORKS INC	$29,773,000	–	261,535	–	1.52%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$28,811,000	–	313,604	–	1.47%	–
MA	New	MASTERCARD INCcl a	$27,058,000	–	307,270	–	1.38%	–
JNJ	New	JOHNSON & JOHNSON	$25,538,000	–	210,532	–	1.30%	–
AAPL	New	APPLE INC	$25,099,000	–	262,535	–	1.28%	–
SHPG	New	SHIRE PLCsponsored adr	$24,135,000	–	131,109	–	1.23%	–
MSFT	New	MICROSOFT CORP	$23,655,000	–	462,282	–	1.20%	–
GE	New	GENERAL ELECTRIC CO	$23,164,000	–	735,837	–	1.18%	–
GOOGL	New	ALPHABET INCcap stk cl a	$22,502,000	–	31,984	–	1.14%	–
CSCO	New	CISCO SYS INC	$21,197,000	–	738,813	–	1.08%	–
FLIR	New	FLIR SYS INC	$20,577,000	–	664,840	–	1.05%	–
VAR	New	VARIAN MED SYS INC	$20,250,000	–	246,265	–	1.03%	–
IX	New	ORIX CORPsponsored adr	$20,103,000	–	314,556	–	1.02%	–
EOG	New	EOG RES INC	$18,963,000	–	227,320	–	0.96%	–
GOOG	New	ALPHABET INCcap stk cl c	$18,776,000	–	27,128	–	0.96%	–
CERN	New	CERNER CORP	$18,402,000	–	314,029	–	0.94%	–
DGX	New	QUEST DIAGNOSTICS INC	$17,876,000	–	219,585	–	0.91%	–
DKS	New	DICKS SPORTING GOODS INC	$17,718,000	–	393,205	–	0.90%	–
NLSN	New	NIELSEN HLDGS PLC	$17,228,000	–	331,490	–	0.88%	–
BDX	New	BECTON DICKINSON & CO	$15,845,000	–	93,429	–	0.81%	–
JHX	New	JAMES HARDIE INDS PLCsponsored adr	$15,466,000	–	1,008,186	–	0.79%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$14,861,000	–	341,086	–	0.76%	–
AMZN	New	AMAZON COM INC	$14,696,000	–	20,535	–	0.75%	–
FB	New	FACEBOOK INCcl a	$14,306,000	–	125,180	–	0.73%	–
TTE	New	TOTAL S Asponsored adr	$12,888,000	–	267,933	–	0.66%	–
FMC	New	F M C CORP	$12,430,000	–	268,410	–	0.63%	–
NVO	New	NOVO-NORDISK A Sadr	$12,309,000	–	228,878	–	0.63%	–
PHG	New	KONINKLIJKE PHILIPS N Vny reg sh new	$11,785,000	–	472,530	–	0.60%	–
EMC	New	E M C CORP MASS	$10,772,000	–	396,452	–	0.55%	–
ALB	New	ALBEMARLE CORP	$9,322,000	–	117,540	–	0.47%	–
DEO	New	DIAGEO P L Cspon adr new	$8,576,000	–	75,971	–	0.44%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$8,417,000	–	111,400	–	0.43%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$7,678,000	–	262,410	–	0.39%	–
TDC	New	TERADATA CORP DEL	$6,848,000	–	273,150	–	0.35%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$6,438,000	–	45,560	–	0.33%	–
XOM	New	EXXON MOBIL CORP	$3,212,000	–	34,263	–	0.16%	–
ABBV	New	ABBVIE INC	$3,198,000	–	51,650	–	0.16%	–
LPT	New	LIBERTY PPTY TRsh ben int	$2,576,000	–	64,864	–	0.13%	–
ABT	New	ABBOTT LABS	$2,028,000	–	51,600	–	0.10%	–
PG	New	PROCTER & GAMBLE CO	$1,759,000	–	20,778	–	0.09%	–
MTB	New	M & T BK CORP	$1,642,000	–	13,890	–	0.08%	–
HIW	New	HIGHWOODS PPTYS INC	$1,600,000	–	30,300	–	0.08%	–
VOD	New	VODAFONE GROUP PLC NEWspnsr adr	$1,413,000	–	45,729	–	0.07%	–
ETP	New	ENERGY TRANSFER PRTNRS L Punit ltd partn	$999,000	–	26,230	–	0.05%	–
OKS	New	ONEOK PARTNERS LPunit ltd partn	$968,000	–	24,160	–	0.05%	–
T	New	AT&T INC	$854,000	–	19,766	–	0.04%	–
MRK	New	MERCK & CO INC	$758,000	–	13,150	–	0.04%	–
KO	New	COCA COLA CO	$574,000	–	12,656	–	0.03%	–
WBK	New	WESTPAC BKG CORPsponsored adr	$516,000	–	23,380	–	0.03%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$503,000	–	9,900	–	0.03%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$458,000	–	8,300	–	0.02%	–
IPGP	New	IPG PHOTONICS CORP	$456,000	–	5,700	–	0.02%	–
CVX	New	CHEVRON CORP NEW	$351,000	–	3,350	–	0.02%	–
HSY	New	HERSHEY CO	$329,000	–	2,900	–	0.02%	–
EMR	New	EMERSON ELEC CO	$288,000	–	5,521	–	0.02%	–
BXMT	New	BLACKSTONE MTG TR INC	$263,000	–	9,520	–	0.01%	–
LLTC	New	LINEAR TECHNOLOGY CORP	$233,000	–	5,000	–	0.01%	–
CS	New	CREDIT SUISSE GROUPsponsored adr	$151,000	–	14,073	–	0.01%	–

Q4 2015

			Value		Shares		↓ Weighting
NGLS	Exit	TARGA RESOURCES PARTNERS LP	$0	–	-7,300	–	-0.01%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-9,520	–	-0.02%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.02%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,707	–	-0.02%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-7,500	–	-0.02%	–
UNP	Exit	UNION PAC CORP	$0	–	-4,200	–	-0.02%	–
CS	Exit	CREDIT SUISSE GROUPsponsored adr	$0	–	-15,814	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-9,900	–	-0.03%	–
KO	Exit	COCA COLA CO	$0	–	-10,856	–	-0.03%	–
WBK	Exit	WESTPAC BKG CORPsponsored adr	$0	–	-23,380	–	-0.03%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-11,610	–	-0.04%	–
NVS	Exit	NOVARTIS A Gsponsored adr	$0	–	-6,210	–	-0.04%	–
PHG	Exit	KONINKLIJKE PHILIPS N Vny reg sh new	$0	–	-24,343	–	-0.04%	–
T	Exit	AT&T INC	$0	–	-20,066	–	-0.04%	–
OKS	Exit	ONEOK PARTNERS LPunit ltd partn	$0	–	-25,160	–	-0.05%	–
MUFG	Exit	MITSUBISHI UFJ FINL GROUP INsponsored adr	$0	–	-153,670	–	-0.06%	–
ETP	Exit	ENERGY TRANSFER PRTNRS L Punit ltd partn	$0	–	-25,530	–	-0.07%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-30,300	–	-0.08%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-19,378	–	-0.09%	–
VOD	Exit	VODAFONE GROUP PLC NEWspnsr adr no par	$0	–	-46,066	–	-0.10%	–
MTB	Exit	M & T BK CORP	$0	–	-13,890	–	-0.11%	–
BBVA	Exit	BANCO BILBAO VIZCAYA ARGENTAsponsored adr	$0	–	-231,545	–	-0.13%	–
ABT	Exit	ABBOTT LABS	$0	–	-50,776	–	-0.14%	–
LPT	Exit	LIBERTY PPTY TRsh ben int	$0	–	-65,364	–	-0.14%	–
HMC	Exit	HONDA MOTOR LTD	$0	–	-71,770	–	-0.14%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-31,063	–	-0.15%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-68,821	–	-0.18%	–
ABBV	Exit	ABBVIE INC	$0	–	-50,951	–	-0.18%	–
FMC	Exit	F M C CORP	$0	–	-190,040	–	-0.43%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-269,444	–	-0.45%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-108,050	–	-0.48%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-80,326	–	-0.58%	–
TDC	Exit	TERADATA CORP DEL	$0	–	-392,260	–	-0.76%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-134,790	–	-0.80%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-96,079	–	-0.85%	–
DGX	Exit	QUEST DIAGNOSTICS INC	$0	–	-233,205	–	-0.95%	–
EOG	Exit	EOG RES INC	$0	–	-231,900	–	-1.12%	–
MON	Exit	MONSANTO CO NEW	$0	–	-203,720	–	-1.16%	–
VAR	Exit	VARIAN MED SYS INC	$0	–	-244,325	–	-1.20%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-199,832	–	-1.24%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-748,788	–	-1.26%	–
CERN	Exit	CERNER CORP	$0	–	-320,139	–	-1.28%	–
EMC	Exit	E M C CORP MASS	$0	–	-801,713	–	-1.29%	–
CSCO	Exit	CISCO SYS INC	$0	–	-749,998	–	-1.31%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-230,730	–	-1.38%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-34,810	–	-1.41%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-33,214	–	-1.41%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-482,352	–	-1.42%	–
FLIR	Exit	FLIR SYS INC	$0	–	-777,265	–	-1.45%	–
IX	Exit	ORIX CORPsponsored adr	$0	–	-336,090	–	-1.45%	–
CYT	Exit	CYTEC INDS INC	$0	–	-301,750	–	-1.48%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-339,001	–	-1.55%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-167,740	–	-1.58%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-122,590	–	-1.67%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-379,242	–	-1.69%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-323,889	–	-1.73%	–
TM	Exit	TOYOTA MOTOR CORP	$0	–	-224,290	–	-1.75%	–
DKS	Exit	DICKS SPORTING GOODS INC	$0	–	-537,560	–	-1.77%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-513,901	–	-1.78%	–
NMR	Exit	NOMURA HLDGS INCsponsored adr	$0	–	-5,003,885	–	-1.94%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-527,314	–	-1.99%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-352,700	–	-2.27%	–
AAPL	Exit	APPLE INC	$0	–	-310,680	–	-2.28%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-297,760	–	-2.29%	–
CELG	Exit	CELGENE CORP	$0	–	-333,960	–	-2.40%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-520,935	–	-2.85%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-730,680	–	-3.04%	–
ETN	Exit	EATON CORP PLC	$0	–	-1,204,492	–	-4.11%	–
BIDU	Exit	BAIDU INCspon adr rep a	$0	–	-484,621	–	-4.43%	–
ASML	Exit	ASML HOLDING N V	$0	–	-902,695	–	-5.28%	–
HDB	Exit	HDFC BANK LTD	$0	–	-1,387,886	–	-5.64%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-1,778,703	–	-10.29%	–
QGEN	Exit	QIAGEN NV	$0	–	-6,139,222	–	-10.53%	–

Q3 2015

			Value		Shares		↓ Weighting
QGEN	Buy	QIAGEN NV	$158,392,000	+7.3%	6,139,222	+3.1%	10.53%	+19.1%
NXPI	Buy	NXP SEMICONDUCTORS N V	$154,872,000	-8.1%	1,778,703	+3.6%	10.29%	+2.0%
HDB	Buy	HDFC BANK LTD	$84,786,000	+5.1%	1,387,886	+4.1%	5.64%	+16.7%
ASML	Buy	ASML HOLDING N V	$79,419,000	-14.9%	902,695	+0.7%	5.28%	-5.6%
BIDU	Sell	BAIDU INCspon adr rep a	$66,592,000	-47.5%	484,621	-24.0%	4.43%	-41.7%
ETN	Sell	EATON CORP PLC	$61,790,000	-26.9%	1,204,492	-3.8%	4.11%	-18.8%
CTSH	Buy	COGNIZANT TECHNOLOGY SOLUTIOcl a	$45,748,000	+4.1%	730,680	+1.5%	3.04%	+15.5%
ADBE	Buy	ADOBE SYS INC	$42,831,000	+3.4%	520,935	+1.9%	2.85%	+14.8%
CELG	Buy	CELGENE CORP	$36,125,000	-4.9%	333,960	+1.8%	2.40%	+5.6%
FFIV	Buy	F5 NETWORKS INC	$34,481,000	-1.9%	297,760	+1.9%	2.29%	+8.9%
AAPL	Buy	APPLE INC	$34,268,000	-10.3%	310,680	+2.0%	2.28%	-0.4%
SWK	Buy	STANLEY BLACK & DECKER INC	$34,204,000	-6.0%	352,700	+2.0%	2.27%	+4.4%
CMCSA	Buy	COMCAST CORP NEWcl a	$29,994,000	-4.2%	527,314	+1.2%	1.99%	+6.3%
NMR	Sell	NOMURA HLDGS INCsponsored adr	$29,123,000	-14.0%	5,003,885	-0.1%	1.94%	-4.5%
MMC	Buy	MARSH & MCLENNAN COS INC	$26,836,000	-6.3%	513,901	+1.7%	1.78%	+4.0%
DKS	Buy	DICKS SPORTING GOODS INC	$26,668,000	-0.4%	537,560	+4.0%	1.77%	+10.7%
TM	Sell	TOYOTA MOTOR CORP	$26,305,000	-12.7%	224,290	-0.5%	1.75%	-3.2%
ADP	Buy	AUTOMATIC DATA PROCESSING IN	$26,028,000	+1.7%	323,889	+1.6%	1.73%	+12.9%
MDT	Buy	MEDTRONIC PLC	$25,386,000	-8.3%	379,242	+1.5%	1.69%	+1.8%
SHPG	Sell	SHIRE PLCsponsored adr	$25,159,000	-24.0%	122,590	-10.6%	1.67%	-15.7%
EW	Buy	EDWARDS LIFESCIENCES CORP	$23,848,000	+7.7%	167,740	+7.9%	1.58%	+19.6%
SLB	Buy	SCHLUMBERGER LTD	$23,381,000	-18.8%	339,001	+1.5%	1.55%	-9.8%
CYT	Sell	CYTEC INDS INC	$22,284,000	-22.6%	301,750	-36.6%	1.48%	-14.1%
IX	Sell	ORIX CORPsponsored adr	$21,822,000	-13.0%	336,090	-0.2%	1.45%	-3.5%
FLIR	Buy	FLIR SYS INC	$21,756,000	-7.7%	777,265	+1.7%	1.45%	+2.5%
MSFT	Buy	MICROSOFT CORP	$21,349,000	+1.9%	482,352	+1.7%	1.42%	+13.2%
GOOGL	Buy	GOOGLE INCcl a	$21,203,000	+20.9%	33,214	+2.3%	1.41%	+34.2%
GOOG	Buy	GOOGLE INCcl c	$21,179,000	+26.3%	34,810	+8.1%	1.41%	+40.2%
MA	Buy	MASTERCARD INCcl a	$20,793,000	+77.5%	230,730	+84.1%	1.38%	+97.1%
CSCO	Buy	CISCO SYS INC	$19,687,000	-2.6%	749,998	+1.9%	1.31%	+8.1%
EMC	Buy	E M C CORP MASS	$19,369,000	-6.7%	801,713	+1.9%	1.29%	+3.5%
CERN	Buy	CERNER CORP	$19,196,000	-11.7%	320,139	+1.7%	1.28%	-2.0%
GE	Buy	GENERAL ELECTRIC CO	$18,884,000	-3.4%	748,788	+1.8%	1.26%	+7.3%
JNJ	Buy	JOHNSON & JOHNSON	$18,654,000	-2.5%	199,832	+1.8%	1.24%	+8.2%
VAR	Buy	VARIAN MED SYS INC	$18,026,000	-10.9%	244,325	+1.8%	1.20%	-1.2%
MON	Buy	MONSANTO CO NEW	$17,385,000	+5.8%	203,720	+32.2%	1.16%	+17.5%
EOG	Buy	EOG RES INC	$16,882,000	-15.9%	231,900	+1.1%	1.12%	-6.7%
DGX	Buy	QUEST DIAGNOSTICS INC	$14,335,000	-13.4%	233,205	+2.2%	0.95%	-3.8%
BDX	Buy	BECTON DICKINSON & CO	$12,746,000	-5.1%	96,079	+1.4%	0.85%	+5.3%
FB	Buy	FACEBOOK INCcl a	$12,117,000	+258.2%	134,790	+241.8%	0.80%	+296.6%
TDC	Buy	TERADATA CORP DEL	$11,360,000	+6.4%	392,260	+35.9%	0.76%	+18.2%
DEO	Buy	DIAGEO P L Cspon adr new	$8,658,000	-5.5%	80,326	+1.7%	0.58%	+4.9%
OXY	Buy	OCCIDENTAL PETE CORP DEL	$7,148,000	-13.6%	108,050	+1.6%	0.48%	-4.0%
FMC	Buy	F M C CORP	$6,444,000	-34.6%	190,040	+1.4%	0.43%	-27.5%
HMC	Sell	HONDA MOTOR LTD	$2,146,000	-7.7%	71,770	-0.0%	0.14%	+2.9%
BBVA	Buy	BANCO BILBAO VIZCAYA ARGENTAsponsored adr	$1,938,000	-15.0%	231,545	+0.3%	0.13%	-5.1%
MUFG	Sell	MITSUBISHI UFJ FINL GROUP INsponsored adr	$936,000	-16.7%	153,670	-1.2%	0.06%	-7.5%
NVS	Sell	NOVARTIS A Gsponsored adr	$571,000	-7.6%	6,210	-1.1%	0.04%	+2.7%
PHG	Sell	KONINKLIJKE PHILIPS N Vny reg sh new	$571,000	-11.7%	24,343	-4.2%	0.04%	-2.6%
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-5,612	–	-0.01%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-3,921	–	-0.01%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-5,251	–	-0.01%	–
PLL	Exit	PALL CORP	$0	–	-247,665	–	-1.84%	–

Q2 2015

			Value		Shares		↓ Weighting
NXPI	New	NXP SEMICONDUCTORS N V	$168,526,000	–	1,716,146	–	10.09%	–
QGEN	New	QIAGEN NV	$147,632,000	–	5,955,322	–	8.84%	–
BIDU	New	BAIDU INCspon adr rep a	$126,890,000	–	637,381	–	7.60%	–
ASML	New	ASML HOLDING N V	$93,356,000	–	896,529	–	5.59%	–
ETN	New	EATON CORP PLC	$84,517,000	–	1,252,282	–	5.06%	–
HDB	New	HDFC BANK LTD	$80,666,000	–	1,332,656	–	4.83%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$43,957,000	–	719,550	–	2.63%	–
ADBE	New	ADOBE SYS INC	$41,410,000	–	511,165	–	2.48%	–
AAPL	New	APPLE INC	$38,196,000	–	304,535	–	2.29%	–
CELG	New	CELGENE CORP	$37,969,000	–	328,070	–	2.27%	–
SWK	New	STANLEY BLACK & DECKER INC	$36,384,000	–	345,730	–	2.18%	–
FFIV	New	F5 NETWORKS INC	$35,158,000	–	292,130	–	2.10%	–
NMR	New	NOMURA HLDGS INCsponsored adr	$33,856,000	–	5,008,235	–	2.03%	–
SHPG	New	SHIRE PLCsponsored adr	$33,122,000	–	137,155	–	1.98%	–
CMCSA	New	COMCAST CORP NEWcl a	$31,324,000	–	520,844	–	1.88%	–
PLL	New	PALL CORP	$30,822,000	–	247,665	–	1.84%	–
TM	New	TOYOTA MOTOR CORP	$30,145,000	–	225,380	–	1.80%	–
CYT	New	CYTEC INDS INC	$28,799,000	–	475,790	–	1.72%	–
SLB	New	SCHLUMBERGER LTD	$28,784,000	–	333,951	–	1.72%	–
MMC	New	MARSH & MCLENNAN COS INC	$28,651,000	–	505,301	–	1.72%	–
MDT	New	MEDTRONIC PLC	$27,681,000	–	373,562	–	1.66%	–
DKS	New	DICKS SPORTING GOODS INC	$26,762,000	–	516,940	–	1.60%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$25,586,000	–	318,909	–	1.53%	–
IX	New	ORIX CORPsponsored adr	$25,095,000	–	336,750	–	1.50%	–
FLIR	New	FLIR SYS INC	$23,561,000	–	764,495	–	1.41%	–
EW	New	EDWARDS LIFESCIENCES CORP	$22,137,000	–	155,420	–	1.32%	–
CERN	New	CERNER CORP	$21,746,000	–	314,879	–	1.30%	–
MSFT	New	MICROSOFT CORP	$20,944,000	–	474,372	–	1.25%	–
EMC	New	E M C CORP MASS	$20,762,000	–	786,733	–	1.24%	–
VAR	New	VARIAN MED SYS INC	$20,238,000	–	239,985	–	1.21%	–
CSCO	New	CISCO SYS INC	$20,221,000	–	736,368	–	1.21%	–
EOG	New	EOG RES INC	$20,080,000	–	229,350	–	1.20%	–
GE	New	GENERAL ELECTRIC CO	$19,545,000	–	735,608	–	1.17%	–
JNJ	New	JOHNSON & JOHNSON	$19,133,000	–	196,312	–	1.15%	–
GOOGL	New	GOOGLE INCcl a	$17,534,000	–	32,469	–	1.05%	–
GOOG	New	GOOGLE INCcl c	$16,768,000	–	32,215	–	1.00%	–
DGX	New	QUEST DIAGNOSTICS INC	$16,545,000	–	228,145	–	0.99%	–
MON	New	MONSANTO CO NEW	$16,428,000	–	154,120	–	0.98%	–
BDX	New	BECTON DICKINSON & CO	$13,428,000	–	94,799	–	0.80%	–
MA	New	MASTERCARD INCcl a	$11,714,000	–	125,310	–	0.70%	–
TDC	New	TERADATA CORP DEL	$10,679,000	–	288,620	–	0.64%	–
FMC	New	F M C CORP	$9,847,000	–	187,380	–	0.59%	–
DEO	New	DIAGEO P L Cspon adr new	$9,161,000	–	78,950	–	0.55%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$8,272,000	–	106,370	–	0.50%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$8,054,000	–	269,444	–	0.48%	–
ABBV	New	ABBVIE INC	$3,423,000	–	50,951	–	0.20%	–
FB	New	FACEBOOK INCcl a	$3,383,000	–	39,440	–	0.20%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,862,000	–	68,821	–	0.17%	–
XOM	New	EXXON MOBIL CORP	$2,584,000	–	31,063	–	0.16%	–
ABT	New	ABBOTT LABS	$2,492,000	–	50,776	–	0.15%	–
HMC	New	HONDA MOTOR LTD	$2,326,000	–	71,780	–	0.14%	–
BBVA	New	BANCO BILBAO VIZCAYA ARGENTAsponsored adr	$2,279,000	–	230,875	–	0.14%	–
LPT	New	LIBERTY PPTY TRsh ben int	$2,106,000	–	65,364	–	0.13%	–
MTB	New	M & T BK CORP	$1,735,000	–	13,890	–	0.10%	–
VOD	New	VODAFONE GROUP PLC NEWspnsr adr no par	$1,679,000	–	46,066	–	0.10%	–
PG	New	PROCTER & GAMBLE CO	$1,516,000	–	19,378	–	0.09%	–
ETP	New	ENERGY TRANSFER PRTNRS L Punit ltd partn	$1,333,000	–	25,530	–	0.08%	–
HIW	New	HIGHWOODS PPTYS INC	$1,210,000	–	30,300	–	0.07%	–
MUFG	New	MITSUBISHI UFJ FINL GROUP INsponsored adr	$1,124,000	–	155,610	–	0.07%	–
OKS	New	ONEOK PARTNERS LPunit ltd partn	$855,000	–	25,160	–	0.05%	–
T	New	AT&T INC	$713,000	–	20,066	–	0.04%	–
MRK	New	MERCK & CO INC NEW	$661,000	–	11,610	–	0.04%	–
PHG	New	KONINKLIJKE PHILIPS N Vny reg sh new	$647,000	–	25,402	–	0.04%	–
NVS	New	NOVARTIS A Gsponsored adr	$618,000	–	6,280	–	0.04%	–
WBK	New	WESTPAC BKG CORPsponsored adr	$578,000	–	23,380	–	0.04%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$470,000	–	9,900	–	0.03%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$428,000	–	7,500	–	0.03%	–
CS	New	CREDIT SUISSE GROUPsponsored adr	$436,000	–	15,814	–	0.03%	–
KO	New	COCA COLA CO	$426,000	–	10,856	–	0.03%	–
UNP	New	UNION PAC CORP	$401,000	–	4,200	–	0.02%	–
CVX	New	CHEVRON CORP NEW	$358,000	–	3,707	–	0.02%	–
NGLS	New	TARGA RESOURCES PARTNERS LP	$282,000	–	7,300	–	0.02%	–
BXMT	New	BLACKSTONE MTG TR INC	$265,000	–	9,520	–	0.02%	–
HSY	New	HERSHEY CO	$258,000	–	2,900	–	0.02%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$235,000	–	5,251	–	0.01%	–
EMR	New	EMERSON ELEC CO	$217,000	–	3,921	–	0.01%	–
KMI	New	KINDER MORGAN INC DEL	$215,000	–	5,612	–	0.01%	–

Q4 2014

			Value		Shares		↓ Weighting
ASX	Exit	ADVANCED SEMICONDUCTOR ENGRsponsored adr	$0	–	-10,190	–	-0.00%	–
FULT	Exit	FULTON FINL CORP PA	$0	–	-22,758	–	-0.01%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-5,245	–	-0.02%	–
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.02%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,707	–	-0.02%	–
KO	Exit	COCA COLA CO	$0	–	-10,856	–	-0.03%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-9,900	–	-0.03%	–
4945SC	Exit	KINDER MORGAN ENERGY PARTNERut ltd partner	$0	–	-5,150	–	-0.03%	–
NGLS	Exit	TARGA RESOURCES PARTNERS LP	$0	–	-7,300	–	-0.03%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-8,000	–	-0.03%	–
WBK	Exit	WESTPAC BKG CORPsponsored adr	$0	–	-23,380	–	-0.04%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-13,818	–	-0.04%	–
UNP	Exit	UNION PAC CORP	$0	–	-6,400	–	-0.04%	–
T	Exit	AT&T INC	$0	–	-20,066	–	-0.04%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-12,410	–	-0.04%	–
VOD	Exit	VODAFONE GROUP PLC NEWspnsr adr no par	$0	–	-30,143	–	-0.06%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-30,600	–	-0.07%	–
OKS	Exit	ONEOK PARTNERS LPunit ltd partn	$0	–	-25,800	–	-0.08%	–
ETP	Exit	ENERGY TRANSFER PRTNRS L Punit ltd partn	$0	–	-25,230	–	-0.09%	–
MTB	Exit	M & T BK CORP	$0	–	-14,020	–	-0.10%	–
NVS	Exit	NOVARTIS A Gsponsored adr	$0	–	-19,210	–	-0.10%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-22,378	–	-0.10%	–
LPT	Exit	LIBERTY PPTY TRsh ben int	$0	–	-63,924	–	-0.12%	–
ABT	Exit	ABBOTT LABS	$0	–	-50,901	–	-0.12%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-68,791	–	-0.13%	–
HMC	Exit	HONDA MOTOR LTD	$0	–	-71,830	–	-0.14%	–
PHG	Exit	KONINKLIJKE PHILIPS N Vny reg sh new	$0	–	-79,982	–	-0.14%	–
BBVA	Exit	BANCO BILBAO VIZCAYA ARGENTAsponsored adr	$0	–	-232,740	–	-0.15%	–
MUFG	Exit	MITSUBISHI UFJ FINL GROUP INsponsored adr	$0	–	-501,270	–	-0.16%	–
CP	Exit	CANADIAN PAC RY LTD	$0	–	-13,630	–	-0.16%	–
ABBV	Exit	ABBVIE INC	$0	–	-50,951	–	-0.16%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-31,675	–	-0.16%	–
DKS	Exit	DICKS SPORTING GOODS INC	$0	–	-235,450	–	-0.57%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-109,860	–	-0.58%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-269,444	–	-0.60%	–
KLAC	Exit	KLA-TENCOR CORP	$0	–	-146,130	–	-0.64%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-101,647	–	-0.64%	–
TDC	Exit	TERADATA CORP DEL	$0	–	-288,770	–	-0.67%	–
MON	Exit	MONSANTO CO NEW	$0	–	-108,743	–	-0.68%	–
NMR	Exit	NOMURA HLDGS INCsponsored adr	$0	–	-2,441,230	–	-0.80%	–
DGX	Exit	QUEST DIAGNOSTICS INC	$0	–	-240,315	–	-0.81%	–
AMGN	Exit	AMGEN INC	$0	–	-107,000	–	-0.83%	–
HAL	Exit	HALLIBURTON CO	$0	–	-240,870	–	-0.86%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-165,730	–	-0.94%	–
CSCO	Exit	CISCO SYS INC	$0	–	-760,518	–	-1.06%	–
CERN	Exit	CERNER CORP	$0	–	-325,890	–	-1.07%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-762,218	–	-1.08%	–
VAR	Exit	VARIAN MED SYS INC	$0	–	-251,285	–	-1.11%	–
FLIR	Exit	FLIR SYS INC	$0	–	-644,385	–	-1.12%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-204,182	–	-1.20%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-38,214	–	-1.22%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-492,422	–	-1.26%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-40,134	–	-1.30%	–
EMC	Exit	E M C CORP MASS	$0	–	-815,983	–	-1.32%	–
CYT	Exit	CYTEC INDS INC	$0	–	-512,790	–	-1.34%	–
IX	Exit	ORIX CORPsponsored adr	$0	–	-355,110	–	-1.35%	–
MDT	Exit	MEDTRONIC INC	$0	–	-402,087	–	-1.38%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-299,130	–	-1.47%	–
CS	Exit	CREDIT SUISSE GROUPsponsored adr	$0	–	-966,911	–	-1.48%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-331,641	–	-1.52%	–
TM	Exit	TOYOTA MOTOR CORP	$0	–	-239,114	–	-1.55%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-543,825	–	-1.57%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-552,409	–	-1.64%	–
EOG	Exit	EOG RES INC	$0	–	-316,770	–	-1.73%	–
QCOM	Exit	QUALCOMM INC	$0	–	-461,195	–	-1.90%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-315,720	–	-2.07%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-864,700	–	-2.14%	–
PLL	Exit	PALL CORP	$0	–	-466,115	–	-2.16%	–
AAPL	Exit	APPLE INC	$0	–	-391,730	–	-2.18%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-594,145	–	-2.27%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-405,021	–	-2.28%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-166,220	–	-2.38%	–
CELG	Exit	CELGENE CORP	$0	–	-505,480	–	-2.65%	–
MR	Exit	MINDRAY MEDICAL INTL LTDspon adr	$0	–	-1,760,374	–	-2.93%	–
IBN	Exit	ICICI BK LTDadr	$0	–	-1,485,566	–	-4.03%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-747,380	–	-4.76%	–
ASML	Exit	ASML HOLDING N V	$0	–	-1,116,978	–	-6.10%	–
ETN	Exit	EATON CORP PLC	$0	–	-1,808,689	–	-6.33%	–
QGEN	Exit	QIAGEN NV	$0	–	-5,899,119	–	-7.42%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-2,799,164	–	-10.58%	–

Q3 2014

			Value		Shares		↓ Weighting
NXPI	Buy	NXP SEMICONDUCTORS N V	$191,547,000	+10.1%	2,799,164	+6.4%	10.58%	+13.9%
QGEN	Buy	QIAGEN NV	$134,323,000	+19.8%	5,899,119	+28.6%	7.42%	+23.9%
ETN	Buy	EATON CORP PLC	$114,617,000	+33.0%	1,808,689	+61.9%	6.33%	+37.6%
ASML	Buy	ASML HOLDING N V	$110,380,000	+9.0%	1,116,978	+2.8%	6.10%	+12.8%
DEO	Sell	DIAGEO P L Cspon adr new	$86,248,000	-44.2%	747,380	-38.4%	4.76%	-42.2%
IBN	Buy	ICICI BK LTDadr	$72,941,000	+3.0%	1,485,566	+4.7%	4.03%	+6.6%
MR	Sell	MINDRAY MEDICAL INTL LTDspon adr	$53,093,000	-4.8%	1,760,374	-0.6%	2.93%	-1.5%
CELG	Sell	CELGENE CORP	$47,910,000	+8.6%	505,480	-1.6%	2.65%	+12.4%
SHPG	Sell	SHIRE PLCsponsored adr	$43,059,000	+5.0%	166,220	-4.5%	2.38%	+8.7%
SLB	Sell	SCHLUMBERGER LTD	$41,187,000	-15.7%	405,021	-2.2%	2.28%	-12.7%
ADBE	Sell	ADOBE SYS INC	$41,108,000	-14.5%	594,145	-10.6%	2.27%	-11.5%
AAPL	Sell	APPLE INC	$39,466,000	+8.2%	391,730	-0.2%	2.18%	+12.0%
PLL	Sell	PALL CORP	$39,014,000	-3.6%	466,115	-1.7%	2.16%	-0.2%
CTSH	Sell	COGNIZANT TECHNOLOGY SOLUTIOcl a	$38,713,000	-9.8%	864,700	-1.5%	2.14%	-6.7%
FFIV	Sell	F5 NETWORKS INC	$37,489,000	+5.0%	315,720	-1.4%	2.07%	+8.7%
QCOM	Sell	QUALCOMM INC	$34,484,000	-10.9%	461,195	-5.6%	1.90%	-7.8%
EOG	Sell	EOG RES INC	$31,366,000	-36.2%	316,770	-24.7%	1.73%	-34.0%
CMCSA	Sell	COMCAST CORP NEWcl a	$29,709,000	-4.3%	552,409	-4.5%	1.64%	-1.0%
MMC	Sell	MARSH & MCLENNAN COS INC	$28,464,000	-4.0%	543,825	-4.9%	1.57%	-0.6%
TM	Sell	TOYOTA MOTOR CORP	$28,103,000	-6.4%	239,114	-4.7%	1.55%	-3.1%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$27,553,000	+0.9%	331,641	-3.7%	1.52%	+4.4%
CS	Sell	CREDIT SUISSE GROUPsponsored adr	$26,725,000	-7.1%	966,911	-4.6%	1.48%	-3.8%
SWK	Sell	STANLEY BLACK & DECKER INC	$26,560,000	-0.6%	299,130	-1.7%	1.47%	+2.9%
MDT	Sell	MEDTRONIC INC	$24,909,000	-6.8%	402,087	-4.0%	1.38%	-3.5%
IX	Sell	ORIX CORPsponsored adr	$24,503,000	-18.9%	355,110	-2.5%	1.35%	-16.1%
CYT	Buy	CYTEC INDS INC	$24,250,000	-10.8%	512,790	+98.8%	1.34%	-7.6%
EMC	Sell	E M C CORP MASS	$23,876,000	+6.2%	815,983	-4.4%	1.32%	+9.8%
GOOGL	Sell	GOOGLE INCcl a	$23,615,000	-0.2%	40,134	-0.8%	1.30%	+3.3%
MSFT	Sell	MICROSOFT CORP	$22,829,000	+6.3%	492,422	-4.4%	1.26%	+9.9%
GOOG	Sell	GOOGLE INCcl c	$22,063,000	-0.7%	38,214	-1.0%	1.22%	+2.8%
JNJ	Sell	JOHNSON & JOHNSON	$21,764,000	-1.8%	204,182	-3.6%	1.20%	+1.6%
FLIR	Sell	FLIR SYS INC	$20,195,000	-10.6%	644,385	-1.0%	1.12%	-7.5%
VAR	Sell	VARIAN MED SYS INC	$20,133,000	-6.2%	251,285	-2.7%	1.11%	-3.0%
GE	Sell	GENERAL ELECTRIC CO	$19,528,000	-6.3%	762,218	-3.8%	1.08%	-3.0%
CERN	Sell	CERNER CORP	$19,413,000	+10.5%	325,890	-4.3%	1.07%	+14.4%
CSCO	Sell	CISCO SYS INC	$19,142,000	-3.2%	760,518	-4.4%	1.06%	+0.2%
EW	Sell	EDWARDS LIFESCIENCES CORP	$16,929,000	+17.9%	165,730	-1.0%	0.94%	+21.9%
HAL	Buy	HALLIBURTON CO	$15,539,000	-7.1%	240,870	+2.3%	0.86%	-3.8%
AMGN	Sell	AMGEN INC	$15,029,000	+14.3%	107,000	-3.7%	0.83%	+18.2%
DGX	Sell	QUEST DIAGNOSTICS INC	$14,582,000	-3.3%	240,315	-6.5%	0.81%	+0.1%
NMR	Sell	NOMURA HLDGS INCsponsored adr	$14,428,000	-17.9%	2,441,230	-2.3%	0.80%	-15.0%
MON	Sell	MONSANTO CO NEW	$12,235,000	-12.8%	108,743	-3.3%	0.68%	-9.7%
TDC	Buy	TERADATA CORP DEL	$12,105,000	+71.1%	288,770	+64.1%	0.67%	+77.0%
BDX	Sell	BECTON DICKINSON & CO	$11,568,000	-5.3%	101,647	-1.6%	0.64%	-2.0%
KLAC	Sell	KLA-TENCOR CORP	$11,512,000	-33.2%	146,130	-38.4%	0.64%	-30.9%
EPD	Buy	ENTERPRISE PRODS PARTNERS L	$10,859,000	+3.0%	269,444	+100.0%	0.60%	+6.6%
OXY	Sell	OCCIDENTAL PETE CORP DEL	$10,563,000	-8.2%	109,860	-2.0%	0.58%	-4.9%
DKS	Sell	DICKS SPORTING GOODS INC	$10,332,000	-9.9%	235,450	-4.4%	0.57%	-6.7%
CP	New	CANADIAN PAC RY LTD	$2,828,000	–	13,630	–	0.16%	–
MUFG	Sell	MITSUBISHI UFJ FINL GROUP INsponsored adr	$2,812,000	-25.8%	501,270	-18.7%	0.16%	-23.3%
BBVA	Sell	BANCO BILBAO VIZCAYA ARGENTAsponsored adr	$2,793,000	-8.1%	232,740	-2.2%	0.15%	-4.9%
PHG	Sell	KONINKLIJKE PHILIPS N Vny reg sh new	$2,536,000	-19.1%	79,982	-19.0%	0.14%	-16.2%
HMC	Sell	HONDA MOTOR LTD	$2,462,000	-20.5%	71,830	-18.9%	0.14%	-17.6%
FMS	Buy	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,387,000	+8.4%	68,791	+4.6%	0.13%	+11.9%
NVS	Sell	NOVARTIS A Gsponsored adr	$1,808,000	-27.3%	19,210	-30.1%	0.10%	-24.8%
MTB	Sell	M & T BK CORP	$1,729,000	-8.0%	14,020	-7.5%	0.10%	-4.0%
ETP	Buy	ENERGY TRANSFER PRTNRS L Punit ltd partn	$1,614,000	+13.5%	25,230	+2.9%	0.09%	+17.1%
HIW	Buy	HIGHWOODS PPTYS INC	$1,190,000	-6.7%	30,600	+0.7%	0.07%	-2.9%
VOD	Sell	VODAFONE GROUP PLC NEWspnsr adr no par	$991,000	-2.9%	30,143	-1.4%	0.06%	0.0%
VZ	Sell	VERIZON COMMUNICATIONS INC	$691,000	-7.1%	13,818	-9.1%	0.04%	-5.0%
SMFG	Exit	SUMITOMO MITSUI FINL GROUP Isponsored adr	$0	–	-60,110	–	-0.03%	–
ABB	Exit	ABB LTDsponsored adr	$0	–	-633,577	–	-0.78%	–

Q2 2014

			Value		Shares		↓ Weighting
NXPI	New	NXP SEMICONDUCTORS N V	$174,026,000	–	2,629,583	–	9.29%	–
DEO	New	DIAGEO P L Cspon adr new	$154,489,000	–	1,213,865	–	8.25%	–
QGEN	New	QIAGEN NV	$112,149,000	–	4,586,856	–	5.99%	–
ASML	New	ASML HOLDING N V	$101,306,000	–	1,086,151	–	5.41%	–
ETN	New	EATON CORP PLC	$86,210,000	–	1,117,000	–	4.60%	–
IBN	New	ICICI BK LTDadr	$70,831,000	–	1,419,476	–	3.78%	–
MR	New	MINDRAY MEDICAL INTL LTDspon adr	$55,799,000	–	1,771,404	–	2.98%	–
EOG	New	EOG RES INC	$49,176,000	–	420,810	–	2.63%	–
SLB	New	SCHLUMBERGER LTD	$48,848,000	–	414,141	–	2.61%	–
ADBE	New	ADOBE SYS INC	$48,077,000	–	664,415	–	2.57%	–
CELG	New	CELGENE CORP	$44,113,000	–	513,660	–	2.36%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$42,938,000	–	877,880	–	2.29%	–
SHPG	New	SHIRE PLCsponsored adr	$41,001,000	–	174,110	–	2.19%	–
PLL	New	PALL CORP	$40,482,000	–	474,085	–	2.16%	–
QCOM	New	QUALCOMM INC	$38,692,000	–	488,535	–	2.07%	–
AAPL	New	APPLE INC	$36,490,000	–	392,662	–	1.95%	–
FFIV	New	F5 NETWORKS INC	$35,699,000	–	320,350	–	1.91%	–
CMCSA	New	COMCAST CORP NEWcl a	$31,049,000	–	578,409	–	1.66%	–
IX	New	ORIX CORPsponsored adr	$30,231,000	–	364,050	–	1.61%	–
TM	New	TOYOTA MOTOR CORP	$30,026,000	–	250,924	–	1.60%	–
MMC	New	MARSH & MCLENNAN COS INC	$29,645,000	–	572,085	–	1.58%	–
CS	New	CREDIT SUISSE GROUPsponsored adr	$28,755,000	–	1,013,565	–	1.54%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$27,313,000	–	344,511	–	1.46%	–
CYT	New	CYTEC INDS INC	$27,185,000	–	257,880	–	1.45%	–
MDT	New	MEDTRONIC INC	$26,713,000	–	418,967	–	1.43%	–
SWK	New	STANLEY BLACK & DECKER INC	$26,711,000	–	304,160	–	1.43%	–
GOOGL	New	GOOGLE INCcl a	$23,652,000	–	40,454	–	1.26%	–
FLIR	New	FLIR SYS INC	$22,600,000	–	650,735	–	1.21%	–
EMC	New	E M C CORP MASS	$22,487,000	–	853,723	–	1.20%	–
GOOG	New	GOOGLE INCcl c	$22,211,000	–	38,609	–	1.19%	–
JNJ	New	JOHNSON & JOHNSON	$22,157,000	–	211,787	–	1.18%	–
MSFT	New	MICROSOFT CORP	$21,481,000	–	515,122	–	1.15%	–
VAR	New	VARIAN MED SYS INC	$21,472,000	–	258,265	–	1.15%	–
GE	New	GENERAL ELECTRIC CO	$20,830,000	–	792,628	–	1.11%	–
CSCO	New	CISCO SYS INC	$19,774,000	–	795,738	–	1.06%	–
NMR	New	NOMURA HLDGS INCsponsored adr	$17,572,000	–	2,499,520	–	0.94%	–
CERN	New	CERNER CORP	$17,574,000	–	340,710	–	0.94%	–
KLAC	New	KLA-TENCOR CORP	$17,224,000	–	237,120	–	0.92%	–
HAL	New	HALLIBURTON CO	$16,719,000	–	235,450	–	0.89%	–
DGX	New	QUEST DIAGNOSTICS INC	$15,082,000	–	256,985	–	0.80%	–
ABB	New	ABB LTDsponsored adr	$14,585,000	–	633,577	–	0.78%	–
EW	New	EDWARDS LIFESCIENCES CORP	$14,363,000	–	167,320	–	0.77%	–
MON	New	MONSANTO CO NEW	$14,026,000	–	112,440	–	0.75%	–
AMGN	New	AMGEN INC	$13,154,000	–	111,130	–	0.70%	–
BDX	New	BECTON DICKINSON & CO	$12,218,000	–	103,277	–	0.65%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$11,502,000	–	112,072	–	0.61%	–
DKS	New	DICKS SPORTING GOODS INC	$11,464,000	–	246,230	–	0.61%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$10,547,000	–	134,722	–	0.56%	–
TDC	New	TERADATA CORP DEL	$7,073,000	–	175,940	–	0.38%	–
MUFG	New	MITSUBISHI UFJ FINL GROUP INsponsored adr	$3,792,000	–	616,650	–	0.20%	–
XOM	New	EXXON MOBIL CORP	$3,189,000	–	31,675	–	0.17%	–
PHG	New	KONINKLIJKE PHILIPS N Vny reg sh new	$3,135,000	–	98,720	–	0.17%	–
HMC	New	HONDA MOTOR LTD	$3,098,000	–	88,530	–	0.16%	–
BBVA	New	BANCO BILBAO VIZCAYA ARGENTAsponsored adr	$3,038,000	–	237,940	–	0.16%	–
ABBV	New	ABBVIE INC	$2,876,000	–	50,951	–	0.15%	–
NVS	New	NOVARTIS A Gsponsored adr	$2,487,000	–	27,470	–	0.13%	–
LPT	New	LIBERTY PPTY TRsh ben int	$2,425,000	–	63,924	–	0.13%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$2,202,000	–	65,751	–	0.12%	–
ABT	New	ABBOTT LABS	$2,082,000	–	50,901	–	0.11%	–
MTB	New	M & T BK CORP	$1,880,000	–	15,157	–	0.10%	–
PG	New	PROCTER & GAMBLE CO	$1,759,000	–	22,378	–	0.09%	–
OKS	New	ONEOK PARTNERS LPunit ltd partn	$1,512,000	–	25,800	–	0.08%	–
ETP	New	ENERGY TRANSFER PRTNRS L Punit ltd partn	$1,422,000	–	24,530	–	0.08%	–
HIW	New	HIGHWOODS PPTYS INC	$1,275,000	–	30,400	–	0.07%	–
VOD	New	VODAFONE GROUP PLC NEWspnsr adr no par	$1,021,000	–	30,585	–	0.06%	–
WBK	New	WESTPAC BKG CORPsponsored adr	$751,000	–	23,380	–	0.04%	–
VZ	New	VERIZON COMMUNICATIONS INC	$744,000	–	15,201	–	0.04%	–
T	New	AT&T INC	$710,000	–	20,066	–	0.04%	–
MRK	New	MERCK & CO INC NEW	$718,000	–	12,410	–	0.04%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$659,000	–	8,000	–	0.04%	–
UNP	New	UNION PAC CORP	$638,000	–	6,400	–	0.03%	–
NGLS	New	TARGA RESOURCES PARTNERS LP	$525,000	–	7,300	–	0.03%	–
SMFG	New	SUMITOMO MITSUI FINL GROUP Isponsored adr	$509,000	–	60,110	–	0.03%	–
CVX	New	CHEVRON CORP NEW	$484,000	–	3,707	–	0.03%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$483,000	–	9,900	–	0.03%	–
KO	New	COCA COLA CO	$460,000	–	10,856	–	0.02%	–
4945SC	New	KINDER MORGAN ENERGY PARTNERut ltd partner	$423,000	–	5,150	–	0.02%	–
HSY	New	HERSHEY CO	$282,000	–	2,900	–	0.02%	–
FULT	New	FULTON FINL CORP PA	$282,000	–	22,758	–	0.02%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$266,000	–	5,245	–	0.01%	–
ASX	New	ADVANCED SEMICONDUCTOR ENGRsponsored adr	$66,000	–	10,190	–	0.00%	–

Q4 2013

			Value		Shares		↓ Weighting
HSY	Exit	HERSHEY CO	$0	–	-2,900	–	-0.02%	–
FULT	Exit	FULTON FINL CORP PA	$0	–	-22,758	–	-0.02%	–
NGLS	Exit	TARGA RESOURCES PARTNERS LP	$0	–	-7,300	–	-0.02%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-9,900	–	-0.03%	–
KO	Exit	COCA COLA CO	$0	–	-10,856	–	-0.03%	–
4945SC	Exit	KINDER MORGAN ENERGY PARTNERut ltd partner	$0	–	-5,150	–	-0.03%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,707	–	-0.03%	–
UNP	Exit	UNION PAC CORP	$0	–	-3,200	–	-0.03%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-8,000	–	-0.04%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-12,410	–	-0.04%	–
T	Exit	AT&T INC	$0	–	-20,650	–	-0.05%	–
WBK	Exit	WESTPAC BKG CORPsponsored adr	$0	–	-23,430	–	-0.05%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-30,400	–	-0.07%	–
ETP	Exit	ENERGY TRANSFER PRTNRS L Punit ltd partn	$0	–	-24,530	–	-0.08%	–
OKS	Exit	ONEOK PARTNERS LPunit ltd partn	$0	–	-25,890	–	-0.09%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-22,378	–	-0.11%	–
MTB	Exit	M & T BK CORP	$0	–	-15,327	–	-0.12%	–
ABT	Exit	ABBOTT LABS	$0	–	-52,901	–	-0.12%	–
NMR	Exit	NOMURA HLDGS INCsponsored adr	$0	–	-235,540	–	-0.12%	–
VOD	Exit	VODAFONE GROUP PLC NEWspons adr new	$0	–	-56,355	–	-0.13%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$0	–	-116,980	–	-0.13%	–
LPT	Exit	LIBERTY PPTY TRsh ben int	$0	–	-63,324	–	-0.15%	–
NVS	Exit	NOVARTIS A Gsponsored adr	$0	–	-30,200	–	-0.16%	–
ABBV	Exit	ABBVIE INC	$0	–	-52,951	–	-0.16%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-31,675	–	-0.18%	–
TEVA	Exit	TEVA PHARMACEUTICAL INDS LTDadr	$0	–	-95,205	–	-0.24%	–
MUFG	Exit	MITSUBISHI UFJ FINL GROUP INsponsored adr	$0	–	-653,340	–	-0.28%	–
SONY	Exit	SONY CORPadr new	$0	–	-198,890	–	-0.29%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-88,860	–	-0.51%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-116,253	–	-0.54%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-134,352	–	-0.55%	–
FMS	Exit	FRESENIUS MED CARE AG&CO KGAsponsored adr	$0	–	-254,941	–	-0.55%	–
SAP	Exit	SAP AGspon adr	$0	–	-134,014	–	-0.66%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-107,799	–	-0.72%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-116,205	–	-0.73%	–
MON	Exit	MONSANTO CO NEW	$0	–	-111,820	–	-0.78%	–
AMGN	Exit	AMGEN INC	$0	–	-114,780	–	-0.86%	–
TDC	Exit	TERADATA CORP DEL	$0	–	-233,810	–	-0.87%	–
SWK	Exit	STANLEY BLACK & DECKER INC	$0	–	-149,400	–	-0.90%	–
KLAC	Exit	KLA-TENCOR CORP	$0	–	-243,123	–	-0.99%	–
DGX	Exit	QUEST DIAGNOSTICS INC	$0	–	-263,864	–	-1.09%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-516,907	–	-1.15%	–
CYT	Exit	CYTEC INDS INC	$0	–	-220,480	–	-1.20%	–
CERN	Exit	CERNER CORP	$0	–	-345,110	–	-1.21%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-215,578	–	-1.25%	–
CSCO	Exit	CISCO SYS INC	$0	–	-805,098	–	-1.26%	–
FLIR	Exit	FLIR SYS INC	$0	–	-629,196	–	-1.32%	–
VAR	Exit	VARIAN MED SYS INC	$0	–	-286,629	–	-1.43%	–
MDT	Exit	MEDTRONIC INC	$0	–	-429,796	–	-1.53%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-1,056,925	–	-1.69%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-354,230	–	-1.71%	–
AAPL	Exit	APPLE INC	$0	–	-53,933	–	-1.72%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-591,865	–	-1.72%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-610,299	–	-1.84%	–
IX	Exit	ORIX CORPsponsored adr	$0	–	-341,790	–	-1.87%	–
QCOM	Exit	QUALCOMM INC	$0	–	-416,165	–	-1.87%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-538,578	–	-1.95%	–
EMC	Exit	E M C CORP MASS	$0	–	-1,144,480	–	-1.96%	–
CS	Exit	CREDIT SUISSE GROUPsponsored adr	$0	–	-1,030,658	–	-2.10%	–
ABB	Exit	ABB LTDsponsored adr	$0	–	-1,383,462	–	-2.18%	–
TM	Exit	TOYOTA MOTOR CORP	$0	–	-255,923	–	-2.19%	–
NTAP	Exit	NETAPP INC	$0	–	-772,842	–	-2.20%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-427,823	–	-2.35%	–
PLL	Exit	PALL CORP	$0	–	-464,879	–	-2.40%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-406,237	–	-2.40%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-306,120	–	-2.45%	–
EOG	Exit	EOG RES INC	$0	–	-218,410	–	-2.47%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-43,301	–	-2.54%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-816,153	–	-2.84%	–
CELG	Exit	CELGENE CORP	$0	–	-279,080	–	-2.88%	–
IBN	Exit	ICICI BK LTDadr	$0	–	-1,757,197	–	-3.58%	–
MR	Exit	MINDRAY MEDICAL INTL LTDspon adr	$0	–	-1,850,620	–	-4.81%	–
ASML	Exit	ASML HOLDING N V	$0	–	-933,692	–	-6.17%	–
QGEN	Exit	QIAGEN NV	$0	–	-4,789,497	–	-6.85%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-1,215,588	–	-10.33%	–

Q3 2013

			Value		Shares		↓ Weighting
DEO	Buy	DIAGEO P L Cspon adr new	$154,477,000	+13.0%	1,215,588	+2.2%	10.33%	+10.3%
QGEN	Buy	QIAGEN NV	$102,495,000	+9.2%	4,789,497	+1.6%	6.85%	+6.6%
ASML	Sell	ASML HOLDING N V	$92,211,000	+4.3%	933,692	-16.4%	6.17%	+1.8%
MR	Buy	MINDRAY MEDICAL INTL LTDspon adr	$71,970,000	+6.4%	1,850,620	+2.4%	4.81%	+3.8%
IBN	Sell	ICICI BK LTDadr	$53,560,000	-53.5%	1,757,197	-41.6%	3.58%	-54.6%
CELG	Sell	CELGENE CORP	$43,017,000	+27.9%	279,080	-2.9%	2.88%	+24.8%
ADBE	Sell	ADOBE SYS INC	$42,391,000	+12.2%	816,153	-1.6%	2.84%	+9.5%
GOOGL	Sell	GOOGLE INCcl a	$37,928,000	-1.8%	43,301	-1.3%	2.54%	-4.1%
EOG	Sell	EOG RES INC	$36,972,000	+26.6%	218,410	-1.5%	2.47%	+23.6%
SHPG	Sell	SHIRE PLCsponsored adr	$36,701,000	+22.3%	306,120	-3.0%	2.45%	+19.4%
SLB	Sell	SCHLUMBERGER LTD	$35,895,000	+21.9%	406,237	-1.1%	2.40%	+19.0%
PLL	Sell	PALL CORP	$35,814,000	+14.7%	464,879	-1.1%	2.40%	+11.9%
CTSH	Sell	COGNIZANT TECHNOLOGY SOLUTIOcl a	$35,133,000	+29.8%	427,823	-1.0%	2.35%	+26.7%
NTAP	Sell	NETAPP INC	$32,939,000	+11.8%	772,842	-0.9%	2.20%	+9.1%
TM	Sell	TOYOTA MOTOR CORP	$32,766,000	+2.8%	255,923	-3.2%	2.19%	+0.3%
ABB	Sell	ABB LTDsponsored adr	$32,636,000	+5.7%	1,383,462	-3.0%	2.18%	+3.1%
CS	Sell	CREDIT SUISSE GROUPsponsored adr	$31,487,000	+12.0%	1,030,658	-3.0%	2.10%	+9.3%
EMC	Buy	E M C CORP MASS	$29,252,000	+16.5%	1,144,480	+7.7%	1.96%	+13.7%
HSBC	Sell	HSBC HLDGS PLCspon adr new	$29,223,000	+1.3%	538,578	-3.1%	1.95%	-1.2%
QCOM	Sell	QUALCOMM INC	$28,016,000	-6.6%	416,165	-15.2%	1.87%	-8.8%
IX	Buy	ORIX CORPsponsored adr	$27,965,000	+20.5%	341,790	+0.6%	1.87%	+17.7%
CMCSA	Sell	COMCAST CORP NEWcl a	$27,534,000	+3.7%	610,299	-4.1%	1.84%	+1.2%
MMC	Sell	MARSH & MCLENNAN COS INC	$25,776,000	+8.5%	591,865	-0.6%	1.72%	+5.9%
AAPL	Buy	APPLE INC	$25,713,000	+30.1%	53,933	+8.2%	1.72%	+27.0%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$25,639,000	+3.9%	354,230	-1.1%	1.71%	+1.4%
GE	Sell	GENERAL ELECTRIC CO	$25,250,000	-14.3%	1,056,925	-16.8%	1.69%	-16.4%
MDT	Sell	MEDTRONIC INC	$22,887,000	+2.0%	429,796	-1.4%	1.53%	-0.5%
VAR	Sell	VARIAN MED SYS INC	$21,420,000	+8.9%	286,629	-1.7%	1.43%	+6.3%
FLIR	Sell	FLIR SYS INC	$19,757,000	+15.0%	629,196	-1.2%	1.32%	+12.2%
CSCO	Buy	CISCO SYS INC	$18,864,000	-3.6%	805,098	+0.1%	1.26%	-6.0%
JNJ	Sell	JOHNSON & JOHNSON	$18,688,000	+0.3%	215,578	-0.6%	1.25%	-2.0%
CERN	Buy	CERNER CORP	$18,136,000	+8.7%	345,110	+98.8%	1.21%	+6.1%
CYT	Sell	CYTEC INDS INC	$17,938,000	+10.2%	220,480	-0.8%	1.20%	+7.5%
MSFT	Sell	MICROSOFT CORP	$17,203,000	-3.8%	516,907	-0.1%	1.15%	-6.1%
DGX	Buy	QUEST DIAGNOSTICS INC	$16,304,000	+15.7%	263,864	+13.5%	1.09%	+13.0%
KLAC	Sell	KLA-TENCOR CORP	$14,794,000	+8.7%	243,123	-0.5%	0.99%	+6.1%
SWK	Buy	STANLEY BLACK & DECKER INC	$13,531,000	+104.9%	149,400	+74.9%	0.90%	+100.2%
TDC	New	TERADATA CORP DEL	$12,962,000	–	233,810	–	0.87%	–
AMGN	Sell	AMGEN INC	$12,847,000	+13.1%	114,780	-0.3%	0.86%	+10.4%
MON	Sell	MONSANTO CO NEW	$11,671,000	-28.7%	111,820	-32.5%	0.78%	-30.4%
OXY	Sell	OCCIDENTAL PETE CORP DEL	$10,870,000	+4.6%	116,205	-0.2%	0.73%	+2.1%
BDX	Sell	BECTON DICKINSON & CO	$10,782,000	+0.6%	107,799	-0.6%	0.72%	-1.8%
SAP	Sell	SAP AGspon adr	$9,906,000	-31.2%	134,014	-32.2%	0.66%	-32.9%
FMS	Sell	FRESENIUS MED CARE AG&CO KGAsponsored adr	$8,255,000	-28.5%	254,941	-22.1%	0.55%	-30.2%
EW	Buy	EDWARDS LIFESCIENCES CORP	$8,095,000	+3.8%	116,253	+0.2%	0.54%	+1.3%
FFIV	Buy	F5 NETWORKS INC	$7,625,000	+25.3%	88,860	+0.5%	0.51%	+22.3%
SONY	Sell	SONY CORPadr new	$4,280,000	-18.8%	198,890	-20.1%	0.29%	-20.8%
MUFG	Sell	MITSUBISHI UFJ FINL GROUP INsponsored adr	$4,188,000	-17.5%	653,340	-20.0%	0.28%	-19.5%
TEVA	Buy	TEVA PHARMACEUTICAL INDS LTDadr	$3,597,000	+36.0%	95,205	+41.2%	0.24%	+33.1%
ABBV	Buy	ABBVIE INC	$2,368,000	+8.6%	52,951	+0.4%	0.16%	+6.0%
NVS	Sell	NOVARTIS A Gsponsored adr	$2,317,000	-13.0%	30,200	-19.8%	0.16%	-14.8%
VOD	Buy	VODAFONE GROUP PLC NEWspons adr new	$1,983,000	+23.3%	56,355	+0.7%	0.13%	+20.9%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$1,984,000	-26.1%	116,980	-20.1%	0.13%	-27.7%
NMR	Sell	NOMURA HLDGS INCsponsored adr	$1,840,000	-18.7%	235,540	-22.5%	0.12%	-20.6%
ABT	Buy	ABBOTT LABS	$1,756,000	-4.6%	52,901	+0.3%	0.12%	-7.1%
ETP	Buy	ENERGY TRANSFER PRTNRS L Punit ltd partn	$1,277,000	+4.7%	24,530	+1.7%	0.08%	+1.2%
WBK	Buy	WESTPAC BKG CORPsponsored adr	$719,000	+12.3%	23,430	+383.0%	0.05%	+9.1%
T	Sell	AT&T INC	$698,000	-7.2%	20,650	-2.8%	0.05%	-9.6%
VEOEY	Exit	VEOLIA ENVIRONNEMENTsponsored adr	$0	–	-553,815	–	-0.43%	–
MXIM	Exit	MAXIM INTEGRATED PRODS INC	$0	–	-701,521	–	-1.34%	–

Q2 2013

			Value		Shares		↓ Weighting
DEO	New	DIAGEO P L Cspon adr new	$136,674,000	–	1,188,983	–	9.36%	–
IBN	New	ICICI BK LTDadr	$115,074,000	–	3,008,477	–	7.88%	–
QGEN	New	QIAGEN NV	$93,886,000	–	4,715,543	–	6.43%	–
ASML	New	ASML HOLDING N V	$88,405,000	–	1,117,500	–	6.06%	–
MR	New	MINDRAY MEDICAL INTL LTDspon adr	$67,663,000	–	1,806,756	–	4.64%	–
GOOGL	New	GOOGLE INCcl a	$38,608,000	–	43,854	–	2.64%	–
ADBE	New	ADOBE SYS INC	$37,783,000	–	829,303	–	2.59%	–
CELG	New	CELGENE CORP	$33,638,000	–	287,550	–	2.30%	–
TM	New	TOYOTA MOTOR CORP	$31,885,000	–	264,253	–	2.18%	–
PLL	New	PALL CORP	$31,235,000	–	470,199	–	2.14%	–
ABB	New	ABB LTDsponsored adr	$30,889,000	–	1,426,102	–	2.12%	–
SHPG	New	SHIRE PLCsponsored adr	$30,001,000	–	315,430	–	2.06%	–
QCOM	New	QUALCOMM INC	$29,988,000	–	490,885	–	2.05%	–
GE	New	GENERAL ELECTRIC CO	$29,459,000	–	1,270,345	–	2.02%	–
NTAP	New	NETAPP INC	$29,454,000	–	779,622	–	2.02%	–
SLB	New	SCHLUMBERGER LTD	$29,441,000	–	410,842	–	2.02%	–
EOG	New	EOG RES INC	$29,203,000	–	221,770	–	2.00%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$28,858,000	–	556,036	–	1.98%	–
CS	New	CREDIT SUISSE GROUPsponsored adr	$28,114,000	–	1,062,507	–	1.93%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$27,066,000	–	432,093	–	1.85%	–
CMCSA	New	COMCAST CORP NEWcl a	$26,558,000	–	636,124	–	1.82%	–
EMC	New	E M C CORP MASS	$25,104,000	–	1,062,849	–	1.72%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$24,674,000	–	358,320	–	1.69%	–
MMC	New	MARSH & MCLENNAN COS INC	$23,767,000	–	595,355	–	1.63%	–
IX	New	ORIX CORPsponsored adr	$23,204,000	–	339,590	–	1.59%	–
MDT	New	MEDTRONIC INC	$22,436,000	–	435,898	–	1.54%	–
AAPL	New	APPLE INC	$19,760,000	–	49,833	–	1.35%	–
VAR	New	VARIAN MED SYS INC	$19,666,000	–	291,569	–	1.35%	–
CSCO	New	CISCO SYS INC	$19,576,000	–	804,428	–	1.34%	–
MXIM	New	MAXIM INTEGRATED PRODS INC	$19,488,000	–	701,521	–	1.34%	–
JNJ	New	JOHNSON & JOHNSON	$18,631,000	–	216,988	–	1.28%	–
MSFT	New	MICROSOFT CORP	$17,878,000	–	517,537	–	1.22%	–
FLIR	New	FLIR SYS INC	$17,177,000	–	636,876	–	1.18%	–
CERN	New	CERNER CORP	$16,684,000	–	173,630	–	1.14%	–
MON	New	MONSANTO CO NEW	$16,363,000	–	165,620	–	1.12%	–
CYT	New	CYTEC INDS INC	$16,283,000	–	222,300	–	1.12%	–
SAP	New	SAP AGspon adr	$14,404,000	–	197,774	–	0.99%	–
DGX	New	QUEST DIAGNOSTICS INC	$14,093,000	–	232,444	–	0.96%	–
KLAC	New	KLA-TENCOR CORP	$13,611,000	–	244,223	–	0.93%	–
FMS	New	FRESENIUS MED CARE AG&CO KGAsponsored adr	$11,543,000	–	327,279	–	0.79%	–
AMGN	New	AMGEN INC	$11,355,000	–	115,090	–	0.78%	–
BDX	New	BECTON DICKINSON & CO	$10,718,000	–	108,449	–	0.73%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$10,391,000	–	116,455	–	0.71%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$8,350,000	–	134,352	–	0.57%	–
EW	New	EDWARDS LIFESCIENCES CORP	$7,798,000	–	116,043	–	0.53%	–
SWK	New	STANLEY BLACK & DECKER INC	$6,604,000	–	85,430	–	0.45%	–
VEOEY	New	VEOLIA ENVIRONNEMENTsponsored adr	$6,319,000	–	553,815	–	0.43%	–
FFIV	New	F5 NETWORKS INC	$6,085,000	–	88,440	–	0.42%	–
SONY	New	SONY CORPadr new	$5,273,000	–	248,830	–	0.36%	–
MUFG	New	MITSUBISHI UFJ FINL GROUP INsponsored adr	$5,074,000	–	817,050	–	0.35%	–
XOM	New	EXXON MOBIL CORP	$2,862,000	–	31,675	–	0.20%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored adr	$2,683,000	–	146,450	–	0.18%	–
NVS	New	NOVARTIS A Gsponsored adr	$2,663,000	–	37,660	–	0.18%	–
TEVA	New	TEVA PHARMACEUTICAL INDS LTDadr	$2,644,000	–	67,439	–	0.18%	–
LPT	New	LIBERTY PPTY TRsh ben int	$2,340,000	–	63,324	–	0.16%	–
NMR	New	NOMURA HLDGS INCsponsored adr	$2,262,000	–	303,980	–	0.16%	–
ABBV	New	ABBVIE INC	$2,181,000	–	52,751	–	0.15%	–
ABT	New	ABBOTT LABS	$1,840,000	–	52,751	–	0.13%	–
PG	New	PROCTER & GAMBLE CO	$1,723,000	–	22,378	–	0.12%	–
MTB	New	M & T BK CORP	$1,713,000	–	15,327	–	0.12%	–
VOD	New	VODAFONE GROUP PLC NEWspons adr new	$1,608,000	–	55,955	–	0.11%	–
OKS	New	ONEOK PARTNERS LPunit ltd partn	$1,282,000	–	25,890	–	0.09%	–
ETP	New	ENERGY TRANSFER PRTNRS L Punit ltd partn	$1,220,000	–	24,130	–	0.08%	–
HIW	New	HIGHWOODS PPTYS INC	$1,083,000	–	30,400	–	0.07%	–
T	New	AT&T INC	$752,000	–	21,250	–	0.05%	–
WBK	New	WESTPAC BKG CORPsponsored adr	$640,000	–	4,851	–	0.04%	–
MRK	New	MERCK & CO INC NEW	$576,000	–	12,410	–	0.04%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$510,000	–	8,000	–	0.04%	–
UNP	New	UNION PAC CORP	$494,000	–	3,200	–	0.03%	–
CVX	New	CHEVRON CORP NEW	$439,000	–	3,707	–	0.03%	–
4945SC	New	KINDER MORGAN ENERGY PARTNERut ltd partner	$440,000	–	5,150	–	0.03%	–
KO	New	COCA COLA CO	$435,000	–	10,856	–	0.03%	–
NGLS	New	TARGA RESOURCES PARTNERS LP	$368,000	–	7,300	–	0.02%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$369,000	–	9,900	–	0.02%	–
HSY	New	HERSHEY CO	$259,000	–	2,900	–	0.02%	–
FULT	New	FULTON FINL CORP PA	$261,000	–	22,758	–	0.02%	–

Compare quarters

Export Hardman Johnston Global Advisors LLC's holdings