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
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   214,183,381 2,096,138 SH   SOLE   2,096,138 0 0
COCA-COLA FEMSA SAB DE CV SPONSORD ADR REP 191241108   5,520,805 68,607 SH   SOLE   119 68,488 0
COMPANIA CERVECERIAS UNIDAS SPONSORED ADR 204429104   40,335,528 2,580,648 SH   SOLE   2,580,648 0 0
HALLIBURTON CO COM 406216101   430,525 13,607 SH   SOLE   13,607 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581206   50,994,775 1,320,766 SH   SOLE   1,135,726 185,040 0
RITCHIE BROS AUCTIONEERS COM 767744105   122,785,208 2,181,297 SH   SOLE   1,680,437 500,860 0
SABRE CORP COM 78573M104   35,149,510 8,193,359 SH   SOLE   8,035,495 157,864 0
SCHLUMBERGER LTD COM 806857108   109,655,865 2,233,317 SH   SOLE   1,906,342 326,975 0
TAL EDUCATION GROUP SPONSORED ADS 874080104   33,831,929 5,277,992 SH   SOLE   4,297,892 980,100 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209   3,332,771 667,890 SH   SOLE   667,890 0 0
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204   2,765,197 643,069 SH   SOLE   643,069 0 0
UBER TECHNOLOGIES INC COM 90353T100   87,683,119 2,766,029 SH   SOLE   2,131,329 634,700 0
VISTRA CORP *W EXP 02/02/202 92840M128   6,532 62,325 SH   SOLE   62,325 0 0
WESTERN UN CO COM 959802109   68,715,610 6,162,835 SH   SOLE   5,085,735 1,077,100 0