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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 35,779,381 315,487 SH DFND 1 315,487 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 113,348,125 999,454 SH DFND 2 704,361 0 295,093
AMAZON COM INC COM 023135106 12,693,905 57,860 SH DFND 1 0 0 57,860
AMAZON COM INC COM 023135106 30,176,217 137,546 SH DFND 2 27,811 0 109,735
ANSYS INC COM 03662Q105 5,462,173 15,552 SH DFND 1 0 0 15,552
ANSYS INC COM 03662Q105 4,013,742 11,428 SH DFND 2 11,428 0 0
APPLE INC COM 037833100 23,274,485 113,440 SH DFND 1 68,829 0 44,611
APPLE INC COM 037833100 45,365,139 221,110 SH DFND 2 87,611 0 133,499
APPLIED MATLS INC COM 038222105 5,084,037 27,771 SH DFND 1 0 0 27,771
APPLIED MATLS INC COM 038222105 3,466,797 18,937 SH DFND 2 18,937 0 0
AUTODESK INC COM 052769106 21,097,815 68,152 SH DFND 1 39,419 0 28,733
AUTODESK INC COM 052769106 35,442,669 114,490 SH DFND 2 53,072 0 61,418
CADENCE DESIGN SYSTEM INC COM 127387108 24,972,476 81,040 SH DFND 1 54,739 0 26,301
CADENCE DESIGN SYSTEM INC COM 127387108 37,568,724 121,917 SH DFND 2 51,102 0 70,815
CHIPOTLE MEXICAN GRILL INC COM 169656105 11,081,764 197,360 SH DFND 1 134,724 0 62,636
CHIPOTLE MEXICAN GRILL INC COM 169656105 21,785,189 387,982 SH DFND 2 154,450 0 233,532
COPART INC COM 217204106 4,457,960 90,849 SH DFND 1 0 0 90,849
COPART INC COM 217204106 3,121,833 63,620 SH DFND 2 63,620 0 0
CRH PLC ORD G25508105 16,852,255 182,500 SH DFND 2 182,500 0 0
DECKERS OUTDOOR CORP COM 243537107 17,510,047 169,885 SH DFND 1 86,215 0 83,670
DECKERS OUTDOOR CORP COM 243537107 18,344,089 177,977 SH DFND 2 101,754 0 76,223
DEERE & CO COM 244199105 257,804 507 SH DFND 2 507 0 0
DEXCOM INC COM 252131107 4,852,364 55,589 SH DFND 1 0 0 55,589
DEXCOM INC COM 252131107 3,398,549 38,934 SH DFND 2 38,934 0 0
ECOLAB INC COM 278865100 317,400 1,178 SH DFND 2 1,178 0 0
ELI LILLY & CO COM 532457108 5,189,331 6,657 SH DFND 1 0 0 6,657
ELI LILLY & CO COM 532457108 21,738,753 27,887 SH DFND 2 4,596 0 23,291
EPAM SYS INC COM 29414B104 6,737,549 38,104 SH DFND 1 38,104 0 0
EPAM SYS INC COM 29414B104 15,233,133 86,151 SH DFND 2 49,437 0 36,714
FERRARI N V COM N3167Y103 140,185,381 286,097 SH DFND 1 202,906 0 83,191
FERRARI N V COM N3167Y103 42,439,708 86,613 SH DFND 2 41,370 0 45,243
FRANKLIN TEMPLETON ETF TR FTSE SAUDI ARB 35473P587 525,504 15,985 SH DFND 2 0 0 15,985
GLOBANT S A COM L44385109 5,858,998 64,498 SH DFND 1 64,498 0 0
GLOBANT S A COM L44385109 7,301,947 80,383 SH DFND 2 50,671 0 29,712
HDFC BANK LTD SPONSORED ADS 40415F101 77,184,072 1,006,705 SH DFND 1 1,006,705 0 0
HDFC BANK LTD SPONSORED ADS 40415F101 140,477,618 1,832,237 SH DFND 2 1,252,262 0 579,975
ICICI BANK LIMITED ADR 45104G104 59,330,027 1,763,675 SH DFND 1 1,763,675 0 0
ICICI BANK LIMITED ADR 45104G104 77,857,143 2,314,422 SH DFND 2 2,189,136 0 125,286
IDEXX LABS INC COM 45168D104 17,050,249 31,790 SH DFND 1 20,973 0 10,817
IDEXX LABS INC COM 45168D104 27,065,862 50,464 SH DFND 2 26,270 0 24,194
INFOSYS LTD SPONSORED ADR 456788108 6,370,003 343,767 SH DFND 2 0 0 343,767
INTER & CO INC CLASS A COM G4R20B107 10,237,121 1,377,809 SH DFND 1 1,377,809 0 0
INTER & CO INC CLASS A COM G4R20B107 17,803,328 2,396,141 SH DFND 2 1,067,886 0 1,328,255
INTUITIVE SURGICAL INC COM NEW 46120E602 473,854 872 SH DFND 2 872 0 0
ISHARES INC MSCI STH KOR ETF 464286772 1,158,027 16,133 SH DFND 2 0 0 16,133
ISHARES INC CORE MSCI EMKT 46434G103 364,982 6,080 SH DFND 2 6,080 0 0
ISHARES TR MSCI SAUDI ARBIA 46434V423 53,789,469 1,395,679 SH DFND 2 0 0 1,395,679
JD.COM INC SPON ADS CL A 47215P106 9,758,185 298,964 SH DFND 1 298,964 0 0
JD.COM INC SPON ADS CL A 47215P106 26,768,662 820,118 SH DFND 2 530,376 0 289,742
LINDE PLC SHS G54950103 99,917,980 212,963 SH DFND 1 143,622 0 69,341
LINDE PLC SHS G54950103 47,564,530 101,378 SH DFND 2 57,650 0 43,728
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 10,220,839 104,273 SH DFND 1 104,273 0 0
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 22,962,666 234,265 SH DFND 2 134,704 0 99,561
MASTERCARD INCORPORATED CL A 57636Q104 29,729,998 52,906 SH DFND 1 28,029 0 24,877
MASTERCARD INCORPORATED CL A 57636Q104 58,707,558 104,473 SH DFND 2 36,341 0 68,132
MERCADOLIBRE INC COM 58733R102 68,278,470 26,124 SH DFND 1 26,124 0 0
MERCADOLIBRE INC COM 58733R102 26,896,866 10,291 SH DFND 2 861 0 9,430
META PLATFORMS INC CL A 30303M102 34,773,634 47,113 SH DFND 1 24,893 0 22,220
META PLATFORMS INC CL A 30303M102 50,892,782 68,952 SH DFND 2 30,434 0 38,518
METTLER TOLEDO INTERNATIONAL COM 592688105 39,674,993 33,774 SH DFND 1 8,589 0 25,185
METTLER TOLEDO INTERNATIONAL COM 592688105 24,454,146 20,817 SH DFND 2 10,420 0 10,397
MICROSOFT CORP COM 594918104 58,504,369 117,618 SH DFND 1 71,596 0 46,022
MICROSOFT CORP COM 594918104 107,058,052 215,231 SH DFND 2 85,411 0 129,820
NVIDIA CORPORATION COM 67066G104 67,621,300 428,010 SH DFND 1 215,885 0 212,125
NVIDIA CORPORATION COM 67066G104 84,794,655 536,709 SH DFND 2 249,555 0 287,154
RESMED INC COM 761152107 18,835,290 73,005 SH DFND 1 49,052 0 23,953
RESMED INC COM 761152107 16,286,508 63,126 SH DFND 2 63,126 0 0
REVVITY INC COM 714046109 288,516 2,983 SH DFND 2 2,983 0 0
STRIDE INC COM 86333M108 238,983 1,646 SH DFND 2 1,646 0 0
SYNOPSYS INC COM 871607107 14,247,377 27,790 SH DFND 2 0 0 27,790
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 48,788,211 215,410 SH DFND 1 215,410 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 200,205,650 883,949 SH DFND 2 875,053 0 8,896
TRIP COM GROUP LTD ADS 89677Q107 10,078,457 171,870 SH DFND 1 171,870 0 0
TRIP COM GROUP LTD ADS 89677Q107 22,500,643 383,708 SH DFND 2 225,877 0 157,831
TYLER TECHNOLOGIES INC COM 902252105 273,892 462 SH DFND 2 462 0 0
UL SOLUTIONS INC CLASS A COM SHS 903731107 253,116 3,474 SH DFND 2 3,474 0 0
VALMONT INDS INC COM 920253101 340,613 1,043 SH DFND 2 1,043 0 0
VEEVA SYS INC CL A COM 922475108 36,029,466 125,111 SH DFND 1 54,546 0 70,565
VEEVA SYS INC CL A COM 922475108 32,964,495 114,468 SH DFND 2 73,202 0 41,266
VERRA MOBILITY CORP CL A COM STK 92511U102 200,886 7,912 SH DFND 2 7,912 0 0
VISA INC COM CL A 92826C839 10,012,055 28,199 SH DFND 1 10,793 0 17,406
VISA INC COM CL A 92826C839 44,456,521 125,212 SH DFND 2 26,132 0 99,080
XYLEM INC COM 98419M100 309,817 2,395 SH DFND 2 2,395 0 0
ZOETIS INC CL A 98978V103 23,872,670 153,079 SH DFND 1 72,143 0 80,936
ZOETIS INC CL A 98978V103 24,763,768 158,793 SH DFND 2 85,899 0 72,894