The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M Co COM 88579Y101 2,400,520 15,768 SH SOLE 15,768 0 0
ABB LTD. COM H0010V101 900,899 15,103 SH SOLE 15,103 0 0
Abbott Laboratories COM 002824100 3,816,168 28,058 SH SOLE 28,058 0 0
ABBVIE INC. COM 00287Y109 7,148,969 38,514 SH SOLE 38,514 0 0
ACCENTURE LTD COM G1151C101 3,624,639 12,127 SH SOLE 12,127 0 0
ADOBE SYSTEMS INC. COM 00724F101 3,743,064 9,675 SH SOLE 9,675 0 0
Advanced Micro Devices Inc COM 007903107 14,573,982 102,706 SH SOLE 102,706 0 0
Agnico Eagle Mines Ltd COM 008474108 1,943,673 16,343 SH SOLE 16,343 0 0
Air Astana JSC COM 009063207 333,635 60,661 SH SOLE 60,661 0 0
Air Liquide SA COM F01764103 1,270,865 6,158 SH SOLE 6,158 0 0
Airbnb Inc COM CL A 009066101 3,043,820 23,000 SH SOLE 23,000 0 0
AIRBUS SE COM N0280G100 6,207,554 29,722 SH SOLE 29,722 0 0
ALAMOS GOLD INC. COM CL A 011532108 929,600 35,000 SH SOLE 35,000 0 0
Alibaba Group Holding Ltd SPONSORED ADS 01609W102 1,933,640 17,050 SH SOLE 17,050 0 0
ALLEGRO EU SA COM FDS1BLBC8 11,226,103 1,169,300 SH SOLE 1,169,300 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 945,661 2,900 SH SOLE 2,900 0 0
ALPHABET INC. CAP STK CL A 02079K305 10,364,615 58,813 SH SOLE 58,813 0 0
ALPHABET INC. CAP STK CL C 02079K107 8,567,050 48,295 SH SOLE 48,295 0 0
Alstom SA COM F0259M475 302,545 12,969 SH SOLE 12,969 0 0
Amazon.com Inc COM 023135106 18,454,210 84,116 SH SOLE 84,116 0 0
Ambev SA SPONSORED ADR 02319V103 534,417 221,750 SH SOLE 221,750 0 0
America Movil SAB de CV SPON ADS RP CL B 02390A101 925,453 51,586 SH SOLE 51,586 0 0
AMERICAN EXPRESS CO COM 025816109 10,228,412 32,066 SH SOLE 32,066 0 0
American International Group Inc COM NEW 026874784 171,180 2,000 SH SOLE 2,000 0 0
AMERICAN TOWER CORP. COM 03027X100 2,033,384 9,200 SH SOLE 9,200 0 0
AMERICAN WATER WORKS CO INC. COM 030420103 820,749 5,900 SH SOLE 5,900 0 0
AMGEN INC COM 031162100 3,328,183 11,920 SH SOLE 11,920 0 0
Amrize Ltd COM H2927K103 275,994 5,570 SH SOLE 5,570 0 0
Anglogold Ashanti Plc COM SHS G0378L100 865,830 19,000 SH SOLE 19,000 0 0
APACHE CORP. COM 03743Q108 621,860 34,000 SH SOLE 34,000 0 0
Apple Inc COM 037833100 14,130,673 68,873 SH SOLE 68,873 0 0
Applied Materials Inc COM 038222105 637,267 3,481 SH SOLE 3,481 0 0
Aptiv PLC COM G3265R107 230,106 3,373 SH SOLE 3,373 0 0
Ares Capital Corp COM 04010L103 3,908,814 177,997 SH SOLE 177,997 0 0
AstraZeneca PLC SPONSORED ADR 046353108 1,474,468 21,100 SH SOLE 21,100 0 0
AT&T Inc. COM 00206R102 3,901,720 134,821 SH SOLE 134,821 0 0
Automatic Data Processing Inc COM 053015103 2,775,600 9,000 SH SOLE 9,000 0 0
Axis Bank Ltd COM 05462W109 579,490 8,350 SH SOLE 8,350 0 0
B2GOLD CORP. COM 11777Q209 487,350 135,000 SH SOLE 135,000 0 0
Baidu Inc SPON ADR REP A 056752108 977,664 11,400 SH SOLE 11,400 0 0
Baker Hughes Co CL A 05722G100 1,334,232 34,800 SH SOLE 34,800 0 0
Banco Bradesco SA SP ADR PFD NEW 059460303 820,760 265,618 SH SOLE 265,618 0 0
Bank of America Corp COM 060505104 7,663,947 161,960 SH SOLE 161,960 0 0
Bank of China Ltd COM 06426M104 658,385 45,500 SH SOLE 45,500 0 0
Bank Rakyat Indonesia Persero COM 69366X100 21,091 1,834 SH SOLE 1,834 0 0
Barrick Mining Corp COM 06849F108 1,522,358 73,120 SH SOLE 73,120 0 0
BAXTER INTERNATIONAL INC COM 071813109 195,306 6,450 SH SOLE 6,450 0 0
BECTON, DICKINSON AND CO. COM 075887109 569,286 3,305 SH SOLE 3,305 0 0
BERKSHIRE HATHAWAY INC CL B NEW 084670702 7,134,504 14,687 SH SOLE 14,687 0 0
BIOGEN INC. COM 09062X103 4,867,240 38,755 SH SOLE 38,755 0 0
BioNTech SE SPONSORED ADS 09075V102 340,704 3,200 SH SOLE 3,200 0 0
Blackrock Inc COM 09290D101 241,328 230 SH SOLE 230 0 0
Blackstone Secured Lending Fund COMMON STOCK 09261X102 1,804,441 58,681 SH SOLE 58,681 0 0
Blue Owl Capital Corp COM 69121K104 1,887,531 131,627 SH SOLE 131,627 0 0
Booking Holdings Inc COM 09857L108 677,341 117 SH SOLE 117 0 0
BOSTON SCIENTIFIC CORP COM 101137107 2,148,200 20,000 SH SOLE 20,000 0 0
BP PLC COM 055622104 119,720 4,000 SH SOLE 4,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 828,591 17,900 SH SOLE 17,900 0 0
British American Tobacco PLC COM G1510J102 972,152 20,441 SH SOLE 20,441 0 0
Broadcom Inc COM 11135F101 12,570,743 45,604 SH SOLE 45,604 0 0
BYD Co Ltd COM 05606L100 1,252,042 13,348 SH SOLE 13,348 0 0
Capital Southwest Corp COM 140501107 278,321 12,628 SH SOLE 12,628 0 0
CARDINAL HEALTH INC COM 14149Y108 1,008,000 6,000 SH SOLE 6,000 0 0
Caterpillar Inc COM 149123101 6,327,823 16,300 SH SOLE 16,300 0 0
Cemex SAB de CV SPON ADR NEW 151290889 1,103,172 159,188 SH SOLE 159,188 0 0
Cencora Inc COM 03073E105 272,863 910 SH SOLE 910 0 0
CHEVRON CORP COM 166764100 4,116,712 28,750 SH SOLE 28,750 0 0
China Construction Bank Corp COM 168919108 1,408,542 69,592 SH SOLE 69,592 0 0
China Merchants Bank Co Ltd COM 16950T102 370,682 10,600 SH SOLE 10,600 0 0
Chunghwa Telecom Co Ltd SPON ADR NEW11 17133Q502 789,061 16,929 SH SOLE 16,929 0 0
Cia de Minas Buenaventura SA SPONSORED ADR 204448104 878,470 53,500 SH SOLE 53,500 0 0
Cia de Saneamento Basico do Estado de Sao Paulo SABESP SPONSORED ADR 20441A102 2,416,392 109,986 SH SOLE 109,986 0 0
Cia Energetica de Minas Gerais SP ADR N-V PFD 204409601 1,589,559 810,999 SH SOLE 810,999 0 0
CIGNA CORP COM 125523100 1,685,958 5,100 SH SOLE 5,100 0 0
CISCO SYSTEMS INC/DELAWARE COM 17275R102 7,391,676 106,539 SH SOLE 106,539 0 0
Citigroup Inc COM NEW 172967424 3,404,800 40,000 SH SOLE 40,000 0 0
CLEAN HARBORS INC. COM 184496107 418,436 1,810 SH SOLE 1,810 0 0
Coca-Cola CO/THE COM 191216100 4,572,431 64,628 SH SOLE 64,628 0 0
COEUR MINING INC. COM NEW 192108504 26,509 2,992 SH SOLE 2,992 0 0
COLGATE - PALMOLIVE CO COM 194162103 2,508,840 27,600 SH SOLE 27,600 0 0
COMPAGNIE FINANCIER RICHEMONT SA COM H25662182 356,891 1,894 SH SOLE 1,894 0 0
Compagnie Generale des Etablissements Michelin COM F61824870 1,080,198 29,068 SH SOLE 29,068 0 0
CONOCOPHILLIPS COM 20825C104 2,212,270 24,652 SH SOLE 24,652 0 0
CONSOLIDATED EDISON INC COM 209115104 341,190 3,400 SH SOLE 3,400 0 0
Constellation Energy Corp COM 21037T109 3,399,631 10,533 SH SOLE 10,533 0 0
COSTCO WHOLESALE CORP COM 22160K105 4,569,563 4,616 SH SOLE 4,616 0 0
Covivio SA/France COM F3832Y172 1,061,090 16,818 SH SOLE 16,818 0 0
CVS Health Corp COM 126650100 793,270 11,500 SH SOLE 11,500 0 0
D.R. HORTON INC. COM 23331A109 1,508,364 11,700 SH SOLE 11,700 0 0
Daimler Truck Holding AG COM D1T3RZ100 17,839 375 SH SOLE 375 0 0
Daqo New Energy Corp SPNSRD ADS NEW 23703Q203 37,925 2,500 SH SOLE 2,500 0 0
DEERE & COMPANY COM 244199105 1,016,980 2,000 SH SOLE 2,000 0 0
DELL TECHNOLOGIES INC - VMware Inc CL C 24703L202 3,678,000 30,000 SH SOLE 30,000 0 0
DEUTSCHE BOERSE AG COM D1882G119 299,531 919 SH SOLE 919 0 0
Deutsche Telekom AG COM 251566105 182,950 5,000 SH SOLE 5,000 0 0
DEVON ENERGY CORP. COM 25179M103 442,159 13,900 SH SOLE 13,900 0 0
Diageo PLC SPON ADR NEW 25243Q205 489,074 4,850 SH SOLE 4,850 0 0
Digital Realty Trust, Inc. COM 253868103 2,736,981 15,700 SH SOLE 15,700 0 0
Dominion Energy Inc COM 25746U109 633,024 11,200 SH SOLE 11,200 0 0
DUKE ENERGY CORP COM NEW 26441C204 1,831,478 15,521 SH SOLE 15,521 0 0
Duoyuan Global Water Inc COM 266043108 0 10,900 SH SOLE 10,900 0 0
E.ON SE COM D24914133 6,681,010 363,962 SH SOLE 363,962 0 0
EBAY INC COM 278642103 4,769,163 64,050 SH SOLE 64,050 0 0
EDP SA COM X67925119 2,114,362 487,375 SH SOLE 487,375 0 0
ELDORADO GOLD CORP COM 284902509 154,584 7,600 SH SOLE 7,600 0 0
Elevance Health Inc COM 036752103 1,011,296 2,600 SH SOLE 2,600 0 0
Eli Lilly & Co COM 532457108 8,144,529 10,448 SH SOLE 10,448 0 0
Enbridge Inc COM 29250N105 862,077 19,022 SH SOLE 19,022 0 0
ENDESA SA COM E41222113 463,726 14,637 SH SOLE 14,637 0 0
Enel Chile SA SPONSORED ADR 29278D105 29,040 8,000 SH SOLE 8,000 0 0
Enel SpA COM T3679P115 3,986,809 420,023 SH SOLE 420,023 0 0
Energy Transfer LP COM UT LTD PTN 29273V100 96,633 5,330 SH SOLE 5,330 0 0
ENGIE SA COM F7629A107 2,336,692 99,537 SH SOLE 99,537 0 0
ENI SPA COM T3643A145 2,892,245 178,400 SH SOLE 178,400 0 0
Enphase Energy Inc COM 29355A107 91,195 2,300 SH SOLE 2,300 0 0
EOG Resources INC COM 26875P101 1,566,891 13,100 SH SOLE 13,100 0 0
EQUINIX INC COM 29444U700 2,084,131 2,620 SH SOLE 2,620 0 0
EQUINOX GOLD CORP COM 29446Y502 57,500 10,000 SH SOLE 10,000 0 0
Erste Group Bank AG COM A19494102 25,124,559 294,924 SH SOLE 294,924 0 0
EssilorLuxottica SA COM F31665106 2,633,277 9,596 SH SOLE 9,596 0 0
EVERSOURCE ENERGY COM 30040W108 165,412 2,600 SH SOLE 2,600 0 0
EXDS Inc COM 302088109 0 92 SH SOLE 92 0 0
EXELON CORP COM 30161N101 1,372,072 31,600 SH SOLE 31,600 0 0
Expand Energy Corp COM 165167735 116,940 1,000 SH SOLE 1,000 0 0
EXXON MOBIL CORP COM 30231G102 5,249,860 48,700 SH SOLE 48,700 0 0
FACEBOOK INC. CL A 30303M102 9,125,745 12,364 SH SOLE 12,364 0 0
FEDEX CORP COM 31428X106 5,432,709 23,900 SH SOLE 23,900 0 0
FERRARI NV COM N3167Y103 4,199,058 8,565 SH SOLE 8,565 0 0
FIRST MAJESTIC SILVER Corp. COM 32076V103 27,101 3,277 SH SOLE 3,277 0 0
FIRST SOLAR INC COM 336433107 480,728 2,904 SH SOLE 2,904 0 0
Fomento Economico Mexicano SAB de CV SPON ADR UNITS 344419106 329,536 3,200 SH SOLE 3,200 0 0
FORD MOTOR Company COM 345370860 4,557,000 420,000 SH SOLE 420,000 0 0
FORTUNA SILVER MINES INC COM NEW 349942102 52,320 8,000 SH SOLE 8,000 0 0
FRANCO-NEVADA CORPORATION COM 351858105 895,003 5,460 SH SOLE 5,460 0 0
Franklin Electric Co Inc COM 353514102 238,798 2,661 SH SOLE 2,661 0 0
Fresenius Medical Care AG & Co KGaA COM D2734Z107 519,355 9,100 SH SOLE 9,100 0 0
FS KKR Capital Corp COM 302635206 1,501,283 72,351 SH SOLE 72,351 0 0
Galp Energia SGPS SA COM X3078L108 106,045 5,780 SH SOLE 5,780 0 0
Gen Digital Inc COM 668771108 4,999,441 170,049 SH SOLE 170,049 0 0
GENERAL ELECTRIC Co COM NEW 369604301 4,942,918 19,204 SH SOLE 19,204 0 0
GILEAD SCIENCES INC COM 375558103 6,486,339 58,504 SH SOLE 58,504 0 0
Givaudan SA COM 37636P108 455,148 4,700 SH SOLE 4,700 0 0
Gold Fields Ltd SPONSORED ADR 38059T106 4,923,360 208,000 SH SOLE 208,000 0 0
Goldman Sachs BDC Inc SHS 38147U107 346,320 30,784 SH SOLE 30,784 0 0
Goldman Sachs Group Inc/The COM 38141G104 5,280,523 7,461 SH SOLE 7,461 0 0
Golub Capital BDC Inc COM 38173M102 1,005,430 68,630 SH SOLE 68,630 0 0
GRACO INC COM 384109104 252,752 2,940 SH SOLE 2,940 0 0
Groupon Inc COM NEW 399473206 4,282,302 128,021 SH SOLE 128,021 0 0
Grupo Financiero Banorte SAB de CV COM 40052P107 412,200 9,000 SH SOLE 9,000 0 0
Halliburton Co COM 406216101 1,019,000 50,000 SH SOLE 50,000 0 0
Halyk Savings Bank of Kazakhstan JSC COM 46627J302 7,483,797 304,839 SH SOLE 304,839 0 0
Hanesbrands Inc COM 410345102 73,280 16,000 SH SOLE 16,000 0 0
Harmony Gold Mining Co Ltd SPONSORED ADR 413216300 62,530 4,476 SH SOLE 4,476 0 0
HASBRO INC. COM 418056107 752,964 10,200 SH SOLE 10,200 0 0
HDFC Bank Ltd SPONSORED ADS 40415F101 7,605,664 99,200 SH SOLE 99,200 0 0
HEALTHCARE REALTY TRUST INC/MD CL A COM 42226K105 1,298,934 81,900 SH SOLE 81,900 0 0
HECLA MINING CO COM 422704106 137,770 23,000 SH SOLE 23,000 0 0
HERMES International COM F48051100 4,336,700 1,601 SH SOLE 1,601 0 0
HESS CORP. COM 42809H107 2,258,202 16,300 SH SOLE 16,300 0 0
Hewlett-Packard Enterprise Co. COM 42824C109 4,908,000 240,000 SH SOLE 240,000 0 0
Hive Digital Technologies Ltd COM NEW 433921103 2,239,614 1,244,230 SH SOLE 1,244,230 0 0
Holcim AG COM H3816Q102 413,648 5,570 SH SOLE 5,570 0 0
HOME DEPOT INC. COM 437076102 4,669,161 12,735 SH SOLE 12,735 0 0
Hon Hai Precision Industry Co Ltd COM 438090805 594,000 55,000 SH SOLE 55,000 0 0
Honda Motor Co Ltd ADR ECH CNV IN 3 438128308 3,338,514 115,800 SH SOLE 115,800 0 0
HOST HOTELS AND RESORTS INC COM 44107P104 1,259,520 82,000 SH SOLE 82,000 0 0
HP Inc. COM 40434L105 1,956,800 80,000 SH SOLE 80,000 0 0
HSBC Holdings PLC SPON ADR NEW 404280406 6,048,605 99,500 SH SOLE 99,500 0 0
HUUUGE INC COM 44853H108 6,054,238 1,205,117 SH SOLE 1,205,117 0 0
IAMGOLD Corp COM 450913108 147,000 20,000 SH SOLE 20,000 0 0
Iberdrola SA COM E6165F166 6,120,941 318,908 SH SOLE 318,908 0 0
ICICI Bank Ltd ADR 45104G104 3,946,275 117,309 SH SOLE 117,309 0 0
Illumina Inc COM 452327109 572,460 6,000 SH SOLE 6,000 0 0
INDITEX SA COM E6282J125 6,106,914 117,320 SH SOLE 117,320 0 0
Industrial & Commercial Bank of China Ltd COM 455807107 888,180 56,500 SH SOLE 56,500 0 0
Infosys Ltd SPONSORED ADR 456788108 5,153,193 278,100 SH SOLE 278,100 0 0
ING Groep NV COM N4578E595 4,789,138 218,228 SH SOLE 218,228 0 0
InPost SA COM L5125Z108 15,943,698 959,697 SH SOLE 959,697 0 0
Intel Corp COM 458140100 3,248,000 145,000 SH SOLE 145,000 0 0
International Business Machines Corp COM 459200101 10,064,674 34,143 SH SOLE 34,143 0 0
Intesa Sanpaolo SpA COM T55067101 947,522 164,389 SH SOLE 164,389 0 0
INTUIT INC COM 461202103 4,319,363 5,484 SH SOLE 5,484 0 0
Intuitive Surgical Inc COM NEW 46120E602 823,810 1,516 SH SOLE 1,516 0 0
Invesco QQQ Trust Series 1 UNIT SER 1 46090E103 20,945,219 37,969 SH SOLE 37,969 0 0
Invesco S&P 500 Equal Weight ETF S&P500 EQL WGT 46137V357 35,253,198 193,976 SH SOLE 193,976 0 0
iShares Core MSCI EMU ETF CORE MSCI EMKT 46434G103 8,278,137 137,900 SH SOLE 137,900 0 0
iShares Global Clean Energy ETF GL CLEAN ENE ETF 464288224 8,115,090 619,000 SH SOLE 619,000 0 0
iShares IBOXX High Yield Corporate Bond ETF IBOXX HI YD ETF 464288513 2,016,250 25,000 SH SOLE 25,000 0 0
iShares Nasdaq Biotechnology Index Fund ISHARES BIOTECH 464287556 14,689,708 116,115 SH SOLE 116,115 0 0
iShares S&P 500 Index FUND/USA CORE S&P500 ETF 464287200 16,764,300 27,000 SH SOLE 27,000 0 0
ITAU UNIBANCO HOLDING S.A. SPON ADR REP PFD 465562106 1,818,355 267,799 SH SOLE 267,799 0 0
Ivanhoe Electric Inc / US COM 46578C108 96,251 10,612 SH SOLE 10,612 0 0
JD.com Inc SPON ADS CL A 47215P106 1,434,854 43,960 SH SOLE 43,960 0 0
Jeronimo Martins SGPS SA COM X40338109 1,986,910 78,500 SH SOLE 78,500 0 0
Johnson & Johnson COM 478160104 2,723,533 17,830 SH SOLE 17,830 0 0
JPMorgan Chase & Co COM 46625H100 14,248,497 49,148 SH SOLE 49,148 0 0
K92 MINING INC COM 499113108 90,080 8,000 SH SOLE 8,000 0 0
Kaspi.KZ JSC SPONSORED ADS 48581R205 14,296,665 168,414 SH SOLE 168,414 0 0
Kayne Anderson BDC Inc COM SHS 48662X105 277,488 18,184 SH SOLE 18,184 0 0
KB Financial Group Inc SPONSORED ADR 48241A105 2,881,400 34,888 SH SOLE 34,888 0 0
KB HOME COM 48666K109 1,509,645 28,500 SH SOLE 28,500 0 0
Kellanova COM 487836108 222,684 2,800 SH SOLE 2,800 0 0
KERING COM F5433L103 3,647,316 16,773 SH SOLE 16,773 0 0
Keysight Technologies Inc COM 49338L103 299,864 1,830 SH SOLE 1,830 0 0
KIMCO REALTY CORP. COM 49446R109 1,750,966 83,300 SH SOLE 83,300 0 0
KINDER MORGAN INC. COM 49456B101 557,424 18,960 SH SOLE 18,960 0 0
KINGSPAN GROUP PLC COM G52654103 340,264 4,000 SH SOLE 4,000 0 0
KINROSS GOLD CORP COM 496902404 290,202 18,567 SH SOLE 18,567 0 0
Koninklijke Philips NV COM N7637U112 3,771,153 156,824 SH SOLE 156,824 0 0
Korea Electric Power Corp SPONSORED ADR 500631106 686,368 48,200 SH SOLE 48,200 0 0
KRAFT HEINZ CO. COM 500754106 4,331,899 167,773 SH SOLE 167,773 0 0
Kroger Co/The COM 501044101 179,325 2,500 SH SOLE 2,500 0 0
KT Corp SPONSORED ADR 48268K101 1,028,610 49,500 SH SOLE 49,500 0 0
LENNAR CORP CL A 526057104 774,270 7,000 SH SOLE 7,000 0 0
Leonardo SpA COM T6S996112 598,459 10,630 SH SOLE 10,630 0 0
LG Display Co Ltd SPONS ADR REP 50186V102 476,331 139,278 SH SOLE 139,278 0 0
Li Ning Co Ltd COM 52989T102 217,400 4,000 SH SOLE 4,000 0 0
Linde PLC SHS G54950103 887,689 1,892 SH SOLE 1,892 0 0
London Stock Exchange Group PLC COM G5689U103 713,333 4,884 SH SOLE 4,884 0 0
LOWES COMPANIES INC. COM 548661107 2,329,635 10,500 SH SOLE 10,500 0 0
Lululemon Athletica Inc COM 550021109 1,943,167 8,179 SH SOLE 8,179 0 0
Main Street Capital Corp COM 56035L104 1,353,981 22,910 SH SOLE 22,910 0 0
MARATHON PETROLEUM CORPORATION COM 56585A102 2,939,150 17,694 SH SOLE 17,694 0 0
Markel Corp COM 570535104 549,274 275 SH SOLE 275 0 0
MARSH & MCLENNAN COS INC COM 571748102 1,106,318 5,060 SH SOLE 5,060 0 0
MASTERCARD INC. CL A 57636Q104 9,386,084 16,703 SH SOLE 16,703 0 0
McDonald's Corp COM 580135101 6,014,904 20,587 SH SOLE 20,587 0 0
MEDTRONIC PLC SHS G5960L103 967,587 11,100 SH SOLE 11,100 0 0
Meituan COM 58533E103 1,187,925 36,915 SH SOLE 36,915 0 0
MERCADOLIBRE INC COM 58733R102 6,586,348 2,520 SH SOLE 2,520 0 0
Mercedes-Benz Group AG COM D1668R123 2,324,115 40,000 SH SOLE 40,000 0 0
Merck & CO. INC. COM 58933Y105 2,432,428 30,728 SH SOLE 30,728 0 0
MICROSOFT CORP COM 594918104 20,785,272 41,787 SH SOLE 41,787 0 0
MidCap Financial Investment Corp COM 03761U502 304,634 24,139 SH SOLE 24,139 0 0
Millrose Properties Inc COM 601137102 71,275 2,500 SH SOLE 2,500 0 0
MODERNA INC COM 60770K107 350,393 12,700 SH SOLE 12,700 0 0
Morgan Stanley COM NEW 617446448 4,000,424 28,400 SH SOLE 28,400 0 0
Morgan Stanley Direct Lending Fund COM 61774A103 410,380 21,922 SH SOLE 21,922 0 0
Motorola Solutions Inc COM 620076307 136,650 325 SH SOLE 325 0 0
MSCI INC COM 55354G100 2,335,797 4,050 SH SOLE 4,050 0 0
NAC Kazatomprom JSC COM 63253R201 10,160,640 235,200 SH SOLE 235,200 0 0
Naspers Ltd COM 631512209 1,500,000 24,000 SH SOLE 24,000 0 0
Neste Oyj COM X5688A109 1,520,789 112,046 SH SOLE 112,046 0 0
Nestle SA COM 641069406 2,348,918 23,650 SH SOLE 23,650 0 0
Nestle SA COM H57312649 2,623,652 26,397 SH SOLE 26,397 0 0
NetEase Inc SPONSORED ADS 64110W102 2,321,505 17,250 SH SOLE 17,250 0 0
NETFLIX INC. COM 64110L106 7,579,476 5,660 SH SOLE 5,660 0 0
New Gold Inc. COM 644535106 34,813 7,033 SH SOLE 7,033 0 0
New Mountain Finance Corp COM 647551100 281,390 26,672 SH SOLE 26,672 0 0
Newmont Corp COM 651639106 2,384,582 40,930 SH SOLE 40,930 0 0
NIKE INC CL B 654106103 2,202,240 31,000 SH SOLE 31,000 0 0
Nintendo Co Ltd COM 654445303 4,323,600 180,000 SH SOLE 180,000 0 0
NIO Inc SPON ADS 62914V106 52,822 15,400 SH SOLE 15,400 0 0
Nippon Telegraph & Telephone Corp COM 654624105 2,274,600 85,000 SH SOLE 85,000 0 0
Nomura Holdings Inc SPONSORED ADR 65535H208 259,910 39,500 SH SOLE 39,500 0 0
Nova Ljubljanska Banka dd COM 66980N203 2,296,639 64,976 SH SOLE 64,976 0 0
Novartis AG COM H5820Q150 2,337,191 19,275 SH SOLE 19,275 0 0
Novartis AG SPONSORED ADR 66987V109 1,452,120 12,000 SH SOLE 12,000 0 0
NOVO NORDISK A/S-B ADR 670100205 1,031,297 14,942 SH SOLE 14,942 0 0
Nvidia Corp COM 67066G104 24,472,019 154,896 SH SOLE 154,896 0 0
Oaktree Specialty Lending Corp COM 67401P405 314,453 23,020 SH SOLE 23,020 0 0
Occidental Petroleum Corp COM 674599105 655,356 15,600 SH SOLE 15,600 0 0
OceanaGold Corp COM 675222400 93,924 6,666 SH SOLE 6,666 0 0
OMV AG COM A51460110 19,217,757 353,192 SH SOLE 353,192 0 0
OR Royalties Inc COM 68390D106 102,840 4,000 SH SOLE 4,000 0 0
Oracle Corp COM 68389X105 6,449,585 29,500 SH SOLE 29,500 0 0
ORMAT TECHNOLOGIES INC COM 686688102 225,314 2,690 SH SOLE 2,690 0 0
PAN AMERICAN SILVER CORP COM 697900108 585,864 20,629 SH SOLE 20,629 0 0
PAYPAL HOLDINGS INC. COM 70450Y103 5,000,993 67,290 SH SOLE 67,290 0 0
PDD Holdings Inc SPONSORED ADS 722304102 94,194 900 SH SOLE 900 0 0
PENTAIR PLC SHS G7S00T104 811,014 7,900 SH SOLE 7,900 0 0
PEPCO GROUP NV COM G6999C106 3,019,223 502,437 SH SOLE 502,437 0 0
PEPSICO INC COM 713448108 6,998,516 53,003 SH SOLE 53,003 0 0
Petroleo Brasileiro SA SPONSORED ADR 71654V408 1,162,179 92,900 SH SOLE 92,900 0 0
Pfizer Inc COM 717081103 1,501,668 61,950 SH SOLE 61,950 0 0
Philip Morris International Inc COM 718172109 5,465,357 30,008 SH SOLE 30,008 0 0
PHILLIPS 66 COM 718546104 2,042,416 17,120 SH SOLE 17,120 0 0
PLUG POWER INC. COM NEW 72919P202 26,820 18,000 SH SOLE 18,000 0 0
POSCO Holdings Inc SPONSORED ADR 693483109 551,816 11,380 SH SOLE 11,380 0 0
PROCTER & GAMBLE Co COM 742718109 5,249,753 32,951 SH SOLE 32,951 0 0
PROLOGIS INC. COM 74340W103 2,908,881 27,672 SH SOLE 27,672 0 0
Prospect Capital Corp COM 74348T102 369,678 116,251 SH SOLE 116,251 0 0
Prosus NV COM N7163R103 795,638 14,224 SH SOLE 14,224 0 0
Prysmian SpA COM T7630L105 162,700 2,300 SH SOLE 2,300 0 0
PUBLIC STORAGE COM 74460D109 2,156,637 7,350 SH SOLE 7,350 0 0
PULTEGROUP INC. COM 745867101 2,109,200 20,000 SH SOLE 20,000 0 0
QUALCOMM INC COM 747525103 4,361,017 27,383 SH SOLE 27,383 0 0
QUEST DIAGNOSTICS INC COM 74834L100 808,335 4,500 SH SOLE 4,500 0 0
Raytheon Technologies Corp COM 75513E101 992,644 6,798 SH SOLE 6,798 0 0
REGENERON PHARMACEUTICALS INC. COM 75886F107 1,139,250 2,170 SH SOLE 2,170 0 0
Reliance Industries Ltd COM 759470107 2,798,980 40,100 SH SOLE 40,100 0 0
RELX PLC COM G7493L105 970,855 17,956 SH SOLE 17,956 0 0
REPSOL YPF SA COM E8471S130 1,976,834 134,927 SH SOLE 134,927 0 0
REPUBLIC SERVICES INC COM 760759100 1,580,771 6,410 SH SOLE 6,410 0 0
Rheinmetall AG COM D65111102 6,183,761 2,936 SH SOLE 2,936 0 0
Roche Holding AG COM 771195104 366,840 9,000 SH SOLE 9,000 0 0
Roche Holding AG COM H69293217 2,411,906 7,403 SH SOLE 7,403 0 0
Rolls-Royce Holdings PLC COM G76225104 1,123,820 84,571 SH SOLE 84,571 0 0
ROYAL BANK OF CANADA COM 780087102 3,683,400 28,000 SH SOLE 28,000 0 0
ROYAL GOLD, Inc. COM 780287108 444,600 2,500 SH SOLE 2,500 0 0
RWE AG COM D6629K109 7,052,318 168,658 SH SOLE 168,658 0 0
S&P Global Inc COM 78409V104 683,895 1,297 SH SOLE 1,297 0 0
Safran SA COM F4035A557 1,281,896 3,943 SH SOLE 3,943 0 0
SALESFORCE.COM INC. COM 79466L302 4,342,588 15,925 SH SOLE 15,925 0 0
Samsung Electronics Co Ltd COM 796050888 10,193,058 9,258 SH SOLE 9,258 0 0
Samsung SDI Co Ltd COM 796054203 99,847 3,150 SH SOLE 3,150 0 0
Sanofi SA COM F5548N101 2,879,006 29,722 SH SOLE 29,722 0 0
SAP SE COM D66992104 10,984,009 36,140 SH SOLE 36,140 0 0
Sarepta Therapeutics Inc COM 803607100 1,801,075 105,326 SH SOLE 105,326 0 0
Sasol Ltd SPONSORED ADR 803866300 1,623,006 367,196 SH SOLE 367,196 0 0
SCHLUMBERGER LTD COM STK 806857108 1,038,336 30,720 SH SOLE 30,720 0 0
SCHNEIDER ELECTRIC SA COM F86921107 3,763,089 14,144 SH SOLE 14,144 0 0
SCIENT INC. COM 808649305 0 18 SH SOLE 18 0 0
Sendas Distribuidora S/A SPON ADS 81689T104 213,748 20,692 SH SOLE 20,692 0 0
ServiceNow Inc COM 81762P102 3,495,472 3,400 SH SOLE 3,400 0 0
SIEMENS AG COM D69671218 11,474,263 44,611 SH SOLE 44,611 0 0
SIMON PROPERTY GROUP INC COM 828806109 3,874,638 24,102 SH SOLE 24,102 0 0
Sixth Street Specialty Lending Inc COM 83012A109 573,440 24,084 SH SOLE 24,084 0 0
SK Hynix Inc COM 78392B107 2,475,213 11,510 SH SOLE 11,510 0 0
SK Telecom Co Ltd SPONSORED ADR 78440P306 263,761 11,296 SH SOLE 11,296 0 0
Societatea Energetica Electrica SA COM 83367Y207 15,053 1,115 SH SOLE 1,115 0 0
Societe Generale SA COM F8591M517 286,008 5,000 SH SOLE 5,000 0 0
SoftBank Group Corp COM 83404D109 276,868 7,600 SH SOLE 7,600 0 0
SolarEdge Technologies Inc COM 83417M104 34,476 1,690 SH SOLE 1,690 0 0
Sony Group Corp SPONSORED ADR 835699307 3,793,873 145,750 SH SOLE 145,750 0 0
Southern Co COM 842587107 1,506,012 16,400 SH SOLE 16,400 0 0
Southern Copper Corp COM 84265V105 1,540,414 15,226 SH SOLE 15,226 0 0
SPDR Trust Series 1 TR UNIT 78462F103 47,450,880 76,800 SH SOLE 76,800 0 0
Spectrum Brands Holdings Inc COM 84790A105 1,325,000 25,000 SH SOLE 25,000 0 0
Spotify Technology SA SHS L8681T102 5,378,286 7,009 SH SOLE 7,009 0 0
STARBUCKS CORP. COM 855244109 2,703,085 29,500 SH SOLE 29,500 0 0
Sumitomo Mitsui Financial Group Inc SPONSORED ADR 86562M209 299,178 19,800 SH SOLE 19,800 0 0
Taiwan Semiconductor Manufacturing Co Ltd SPONSORED ADS 874039100 8,151,601 35,991 SH SOLE 35,991 0 0
Takeda Pharmaceutical Co Ltd SPONSORED ADS 874060205 154,600 10,000 SH SOLE 10,000 0 0
Tapestry Inc COM 876030107 351,240 4,000 SH SOLE 4,000 0 0
Telefonica SA COM 879382109 4,463,923 849,872 SH SOLE 849,872 0 0
Telkom Indonesia Persero Tbk PT SPONSORED ADR 715684106 403,172 23,800 SH SOLE 23,800 0 0
Tencent Holdings Ltd COM 88032Q109 4,888,262 75,787 SH SOLE 75,787 0 0
Terna - Rete Elettrica Nazionale COM T9471R100 1,441,941 140,248 SH SOLE 140,248 0 0
TESLA MOTORS, INC. COM 88160R101 5,655,936 17,805 SH SOLE 17,805 0 0
Teva Pharmaceutical Industries Ltd SPONSORED ADS 881624209 341,904 20,400 SH SOLE 20,400 0 0
TEXAS INSTRUMENTS INC COM 882508104 4,755,744 22,906 SH SOLE 22,906 0 0
THALES SA COM F9156M108 5,958,911 20,263 SH SOLE 20,263 0 0
THERMO FISHER SCIENTIFIC INC. COM 883556102 1,522,502 3,755 SH SOLE 3,755 0 0
TOLL BROTHERS INC COM 889478103 1,141,300 10,000 SH SOLE 10,000 0 0
Toronto-Dominion Bank/The COM NEW 891160509 3,892,850 53,000 SH SOLE 53,000 0 0
TOTALENERGIES SE COM F92124100 7,684,077 125,177 SH SOLE 125,177 0 0
Toyota Motor Corp ADS 892331307 5,712,486 33,162 SH SOLE 33,162 0 0
Trip.com Group Ltd ADS 89677Q107 506,826 8,643 SH SOLE 8,643 0 0
UBER TECHNOLOGIES INC COM 90353T100 5,958,978 63,869 SH SOLE 63,869 0 0
UCB SA COM B93562120 1,636,546 8,320 SH SOLE 8,320 0 0
UniCredit SpA COM T9T23L642 985,512 14,696 SH SOLE 14,696 0 0
United Microelectronics Corp SPON ADR NEW 910873405 1,306,459 170,779 SH SOLE 170,779 0 0
United Parcel Service Inc CL B 911312106 1,615,040 16,000 SH SOLE 16,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 4,011,935 12,860 SH SOLE 12,860 0 0
Vale SA COM 91912E105 408,791 42,100 SH SOLE 42,100 0 0
VALERO ENERGY CORP COM 91913Y100 2,728,726 20,300 SH SOLE 20,300 0 0
Vanguard FTSE Emerging Markets ETF FTSE EMR MKT ETF 922042858 8,185,630 165,500 SH SOLE 165,500 0 0
Veolia Environnement SA COM F9686M107 992,438 27,845 SH SOLE 27,845 0 0
VERBUND AG COM A91460104 4,452,682 58,004 SH SOLE 58,004 0 0
VERIZON COMMUNICATION INC. COM 92343V104 4,874,885 112,662 SH SOLE 112,662 0 0
Vertex Pharmaceuticals Inc COM 92532F100 4,670,593 10,491 SH SOLE 10,491 0 0
Viatris Inc COM 92556V106 2,498,105 279,743 SH SOLE 279,743 0 0
VINCI SA COM F5879X108 778,628 5,282 SH SOLE 5,282 0 0
VISA INC. COM CL A 92826C839 11,311,538 31,859 SH SOLE 31,859 0 0
Vodafone Group PLC SPONSORED ADR 92857W308 552,263 51,807 SH SOLE 51,807 0 0
Vonovia SE COM D9581T100 14,036,889 397,526 SH SOLE 397,526 0 0
Wabtec Corp COM 929740108 209 1 SH SOLE 1 0 0
Wal-Mart de Mexico SAB de CV COM 93114W107 296,459 8,900 SH SOLE 8,900 0 0
Walmart Inc COM 931142103 4,655,110 47,608 SH SOLE 47,608 0 0
Walt Disney Co/The COM 254687106 11,605,104 93,582 SH SOLE 93,582 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 4,286 374 SH SOLE 374 0 0
WASTE CONNECTIONS LTD. COM 94106B101 1,077,561 5,771 SH SOLE 5,771 0 0
WASTE MANAGEMENT INC COM 94106L109 935,874 4,090 SH SOLE 4,090 0 0
WELLS FARGO & CO COM 949746101 3,284,920 41,000 SH SOLE 41,000 0 0
Welltower OP LLC COM 95040Q104 4,857,868 31,600 SH SOLE 31,600 0 0
Wheaton Precious Metals Corp COM 962879102 1,530,910 17,048 SH SOLE 17,048 0 0
Wuxi Biologics Cayman Inc COM 98260N108 133,972 21,098 SH SOLE 21,098 0 0
XYLEM INC COM 98419M100 1,028,412 7,950 SH SOLE 7,950 0 0
YUM CHINA HOLDINGS INC. COM 98850P109 301,793 6,750 SH SOLE 6,750 0 0
Yum! Brands Inc COM 988498101 2,370,880 16,000 SH SOLE 16,000 0 0
Zabka Group SA COM L98969105 835,746 139,143 SH SOLE 139,143 0 0
Zimmer Biomet Holdings Inc COM 98956P102 556,381 6,100 SH SOLE 6,100 0 0