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

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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
Marine Harvest ASA Sponsored ADR 56824R205 540,428 39,562,777 SH   SOLE   39,562,777 0 0
Statoil ASA Sponsored ADR 85771P102 1,862,775 105,779,408 SH   SOLE   105,779,408 0 0
Royal Caribbean Cruises Ltd. Common Stock V7780T103 534,252 6,481,284 SH   SOLE   6,481,284 0 0
Seadrill Ltd. Comunit Rep LB G7945E105 161,114 13,493,626 SH   SOLE   13,493,626 0 0
Autoliv Inc. Common Stock 052800109 39,644 373,575 SH   SOLE   373,575 0 0
Nokia Corp Sponsored ADR 654902204 92,847 11,812,542 SH   SOLE   11,812,542 0 0
Novo-Nordisk A S ADR 670100205 274,817 6,493,774 SH   SOLE   6,493,774 0 0
Ericsson ADR B SEK 10 294821608 93,199 7,702,355 SH   SOLE   7,702,355 0 0
ABB Ltd. Sponsored ADR 000375204 53,507 2,529,856 SH   SOLE   2,529,856 0 0