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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 1,145 6,500 SH   DFND 2 6,500 0 0
3M CO COM 88579Y101 317 1,800 SH   DFND 1 0 0 1,800
ALLERGAN PLC SHS G0177J108 415 1,800 SH   DFND 1 0 0 1,800
ALLERGAN PLC SHS G0177J108 1,543 6,700 SH   DFND 2 6,700 0 0
ALPHABET INC CAP STK CL A 02079K305 38,983 48,483 SH   DFND 1 40,294 0 8,189
ALPHABET INC CAP STK CL A 02079K305 19,252 23,944 SH   DFND 2 19,107 0 4,837
ALPHABET INC CAP STK CL C 02079K107 26,002 33,452 SH   DFND 1 0 0 33,452
ALPHABET INC CAP STK CL C 02079K107 11,007 14,161 SH   DFND 2 0 0 14,161
AMAZON COM INC COM 023135106 1,340 1,600 SH   DFND 1 0 0 1,600
AMAZON COM INC COM 023135106 3,266 3,900 SH   DFND 2 3,900 0 0
APPLE INC COM 037833100 904 8,000 SH   DFND 1 0 0 8,000
APPLE INC COM 037833100 3,278 29,000 SH   DFND 2 29,000 0 0
ARAMARK COM 03852U106 2,928 77,000 SH   DFND 2 77,000 0 0
ARAMARK COM 03852U106 837 22,000 SH   DFND 1 0 0 22,000
BAIDU INC SPON ADR REP A 056752108 136,682 750,709 SH   DFND 1 595,680 0 155,029
BAIDU INC SPON ADR REP A 056752108 156,112 857,428 SH   DFND 2 636,203 0 221,225
BECTON DICKINSON & CO COM 075887109 123,960 689,700 SH   DFND 1 558,900 0 130,800
BECTON DICKINSON & CO COM 075887109 49,965 278,000 SH   DFND 2 150,000 0 128,000
BIOGEN INC COM 09062X103 1,753 5,600 SH   DFND 1 0 0 5,600
BIOGEN INC COM 09062X103 2,129 6,800 SH   DFND 2 6,800 0 0
CARMAX INC COM 143130102 1,494 28,000 SH   DFND 1 0 0 28,000
CAVIUM INC COM 14964U108 2,794 48,000 SH   DFND 2 48,000 0 0
CAVIUM INC COM 14964U108 617 10,600 SH   DFND 1 0 0 10,600
CERNER CORP COM 156782104 6,441 104,300 SH   DFND 2 104,300 0 0
CERNER CORP COM 156782104 2,223 36,000 SH   DFND 1 0 0 36,000
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 1,508 115,255 SH   DFND 1 0 0 115,255
CISCO SYS INC COM 17275R102 634 20,000 SH   DFND 1 0 0 20,000
CISCO SYS INC COM 17275R102 2,664 84,000 SH   DFND 2 84,000 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 35,082 467,761 SH   DFND 1 304,885 0 162,876
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 7,440 99,196 SH   DFND 2 99,196 0 0
COMCAST CORP NEW CL A 20030N101 99,068 1,493,331 SH   DFND 1 1,215,023 0 278,308
COMCAST CORP NEW CL A 20030N101 42,012 633,276 SH   DFND 2 346,551 0 286,725
COSTCO WHSL CORP NEW COM 22160K105 2,547 16,700 SH   DFND 1 0 0 16,700
COSTCO WHSL CORP NEW COM 22160K105 8,965 58,783 SH   DFND 2 58,783 0 0
CRITEO S A SPONS ADS 226718104 29,458 839,020 SH   DFND 1 737,420 0 101,600
CRITEO S A SPONS ADS 226718104 37,100 1,056,680 SH   DFND 2 883,880 0 172,800
ECOLAB INC COM 278865100 8,849 72,700 SH   DFND 2 72,700 0 0
ECOLAB INC COM 278865100 5,660 46,500 SH   DFND 1 31,300 0 15,200
EMBRAER S A SP ADR REP 4 COM 29082A107 1,320 76,500 SH   DFND 1 0 0 76,500
EMBRAER S A SP ADR REP 4 COM 29082A107 1,528 88,500 SH   DFND 2 88,500 0 0
EQUINIX INC COM PAR $0.001 29444U700 1,117 3,100 SH   DFND 1 0 0 3,100
FACEBOOK INC CL A 30303M102 2,078 16,200 SH   DFND 1 0 0 16,200
FACEBOOK INC CL A 30303M102 2,694 21,000 SH   DFND 2 21,000 0 0
FLOWSERVE CORP COM 34354P105 666 13,800 SH   DFND 1 0 0 13,800
FLOWSERVE CORP COM 34354P105 2,552 52,900 SH   DFND 2 52,900 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 141,854 1,541,221 SH   DFND 2 1,275,600 0 265,621
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 107,349 1,166,330 SH   DFND 1 981,090 0 185,240
HUNT J B TRANS SVCS INC COM 445658107 1,801 22,200 SH   DFND 1 0 0 22,200
HUNT J B TRANS SVCS INC COM 445658107 2,069 25,500 SH   DFND 2 25,500 0 0
INFOSYS LTD SPONSORED ADR 456788108 261,770 16,588,744 SH   DFND 1 13,281,020 0 3,307,724
INFOSYS LTD SPONSORED ADR 456788108 245,982 15,588,205 SH   DFND 2 11,365,964 0 4,222,241
INTUIT COM 461202103 7,899 71,805 SH   DFND 1 48,805 0 23,000
INTUIT COM 461202103 9,766 88,771 SH   DFND 2 88,771 0 0
JOHNSON & JOHNSON COM 478160104 82,682 699,920 SH   DFND 1 581,220 0 118,700
JOHNSON & JOHNSON COM 478160104 34,486 291,930 SH   DFND 2 161,630 0 130,300
KANSAS CITY SOUTHERN COM NEW 485170302 560 6,000 SH   DFND 1 0 0 6,000
KANSAS CITY SOUTHERN COM NEW 485170302 2,193 23,500 SH   DFND 2 23,500 0 0
LILLY ELI & CO COM 532457108 4,093 51,000 SH   DFND 2 51,000 0 0
LILLY ELI & CO COM 532457108 2,849 35,500 SH   DFND 1 0 0 35,500
LUXOFT HLDG INC ORD SHS CL A G57279104 0 0 SH   DFND 1 0 0 0
LUXOFT HLDG INC ORD SHS CL A G57279104 8,810 166,700 SH   DFND 2 166,700 0 0
MEDTRONIC PLC SHS G5960L103 86,288 998,700 SH   DFND 1 803,300 0 195,400
MEDTRONIC PLC SHS G5960L103 37,473 433,720 SH   DFND 2 253,550 0 180,170
MICROSOFT CORP COM 594918104 63,187 1,096,988 SH   DFND 1 903,711 0 193,277
MICROSOFT CORP COM 594918104 29,764 516,733 SH   DFND 2 317,108 0 199,625
NETEASE INC SPONSORED ADR 64110W102 317,098 1,316,961 SH   DFND 1 1,038,151 0 278,810
NETEASE INC SPONSORED ADR 64110W102 355,023 1,474,472 SH   DFND 2 1,190,223 0 284,249
NIELSEN HLDGS PLC SHS EUR G6518L108 2,625 49,000 SH   DFND 1 0 0 49,000
NIELSEN HLDGS PLC SHS EUR G6518L108 5,089 95,000 SH   DFND 2 95,000 0 0
OMNICOM GROUP INC COM 681919106 11,509 135,400 SH   DFND 2 135,400 0 0
OMNICOM GROUP INC COM 681919106 2,499 29,400 SH   DFND 1 0 0 29,400
ORACLE CORP COM 68389X105 3,535 90,000 SH   DFND 2 90,000 0 0
ORACLE CORP COM 68389X105 876 22,300 SH   DFND 1 0 0 22,300
PAYCHEX INC COM 704326107 839 14,500 SH   DFND 1 0 0 14,500
PAYCHEX INC COM 704326107 2,772 47,900 SH   DFND 2 47,900 0 0
S&P GLOBAL INC COM 78409V104 1,266 10,000 SH   DFND 1 0 0 10,000
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 148,903 4,867,704 SH   DFND 1 3,361,430 0 1,506,274
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 45,092 1,474,066 SH   DFND 2 1,171,446 0 302,620
TELEFONICA BRASIL SA SPONSORED ADR 87936R106 12,809 885,802 SH   DFND 1 636,244 0 249,558
TRACTOR SUPPLY CO COM 892356106 337 5,000 SH   DFND 1 0 0 5,000
TRACTOR SUPPLY CO COM 892356106 1,131 16,800 SH   DFND 2 16,800 0 0
TYLER TECHNOLOGIES INC COM 902252105 2,106 12,300 SH   DFND 2 12,300 0 0
TYLER TECHNOLOGIES INC COM 902252105 514 3,000 SH   DFND 1 0 0 3,000
UNITED TECHNOLOGIES CORP COM 913017109 1,118 11,000 SH   DFND 1 0 0 11,000
UNITED TECHNOLOGIES CORP COM 913017109 2,713 26,700 SH   DFND 2 26,700 0 0
VERISK ANALYTICS INC COM 92345Y106 2,398 29,500 SH   DFND 1 0 0 29,500
VERISK ANALYTICS INC COM 92345Y106 3,170 39,000 SH   DFND 2 39,000 0 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 98,508 6,714,900 SH   DFND 1 5,093,600 0 1,621,300
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 137,571 9,377,703 SH   DFND 2 6,688,603 0 2,689,100
VISA INC COM CL A 92826C839 56,418 682,200 SH   DFND 1 549,900 0 132,300
VISA INC COM CL A 92826C839 28,234 341,400 SH   DFND 2 216,800 0 124,600
WRIGHT MED GROUP N V ORD SHS 0.03 PAR N96617118 540 22,000 SH   DFND 1 0 0 22,000
WRIGHT MED GROUP N V ORD SHS 0.03 PAR N96617118 1,766 72,000 SH   DFND 2 72,000 0 0
YANDEX N V SHS CLASS A N97284108 48,268 2,293,040 SH   DFND 2 1,613,455 0 679,585
YANDEX N V SHS CLASS A N97284108 41,668 1,979,458 SH   DFND 1 1,485,439 0 494,019