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 - COM ISIN NO0003054108 Sponsored ADR 56824R205 832,704 45,929,631 SH   SOLE   45,929,631 0 0
Statoil ASA - COM ISIN NO0010096985 Sponsored ADR 85771P102 2,153,939 118,088,766 SH   SOLE   118,088,766 0 0
Frontline Ltd. - COM ISIN BMG3682E1921 Shares G3682E192 9,129 1,283,996 SH   SOLE   1,283,996 0 0
Seadrill Ltd. - COM ISIN BMG7945E1057 Shares G7945E105 37,906 11,116,284 SH   SOLE   11,116,284 0 0
Autoliv Inc. - COM ISIN SE0000382335 Common Stock 052800109 42,270 373,575 SH   SOLE   373,575 0 0
Nokia Corp - COM ISIN FI0009000681 Sponsored ADR 654902204 88,449 18,388,710 SH   SOLE   18,388,710 0 0
Novo-Nordisk A S - COM ISIN DK0060534915 ADR 670100205 219,125 6,110,584 SH   SOLE   6,110,584 0 0
Ericsson - COM ISIN SE0000108656 ADR B SEK 10 294821608 57,002 9,777,504 SH   SOLE   9,777,504 0 0
ABB Ltd. - COM ISIN CH0012221716 Sponsored ADR 000375204 26,996 1,281,292 SH   SOLE   1,281,292 0 0
Golden Ocean Group Ltd. - COM ISIN BMG396372051 Shares G39637205 15,791 3,352,714 SH   SOLE   3,352,714 0 0