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
ACTIVISION BLIZZARD INC COM 00507V109 8,344,714 144,949 SH   SOLE   144,949 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 125,521,046 890,852 SH   SOLE   890,852 0 230,125
ALPHABET INC CAP STK CL C 02079K107 73,460,824 80,839 SH   SOLE   80,839 0 0
ALPHABET INC CAP STK CL A 02079K305 6,484,518 6,975 SH   SOLE   6,975 0 0
AMAZON COM INC COM 023135106 6,299,744 6,508 SH   SOLE   6,508 0 0
AON PLC SHS CL A G0408V102 13,812,840 103,895 SH   SOLE   103,895 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 29,511,123 662,427 SH   SOLE   471,903 0 190,524
BANK AMER CORP COM 060505104 36,045,556 1,485,802 SH   SOLE   1,485,802 0 0
BECTON DICKINSON & CO COM 075887109 8,960,817 45,927 SH   SOLE   45,927 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 116,527 688 SH   SOLE   688 0 0
BOSTON SCIENTIFIC CORP COM 101137107 4,189,379 151,132 SH   SOLE   151,132 0 0
CBRE GROUP INC CL A 12504L109 122,231 3,358 SH   SOLE   3,358 0 0
CELGENE CORP COM 151020104 21,042,316 162,026 SH   SOLE   162,026 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 49,772,955 147,760 SH   SOLE   147,760 0 0
CIGNA CORPORATION COM 125509109 6,419,574 38,351 SH   SOLE   38,351 0 0
COMCAST CORP NEW CL A 20030N101 207,599 5,334 SH   SOLE   5,334 0 0
CREDICORP LTD COM G2519Y108 31,057,252 173,127 SH   SOLE   123,309 0 49,818
DANAHER CORP DEL COM 235851102 100,846 1,195 SH   SOLE   1,195 0 0
ENEL AMERICAS S A SPONSORED ADR 29274F104 28,574,493 3,030,169 SH   SOLE   2,319,278 0 710,891
FACEBOOK INC CL A 30303M102 87,738,855 581,129 SH   SOLE   581,129 0 0
GENERAL ELECTRIC CO COM 369604103 5,273,027 195,225 SH   SOLE   195,225 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 7,929,153 35,733 SH   SOLE   35,733 0 0
GPO AEROPORTUARIO DEL PAC SA SPON ADR B 400506101 2,251,727 20,051 SH   SOLE   20,051 0 0
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 2,121,463 10,083 SH   SOLE   10,083 0 0
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 24,461,630 573,678 SH   SOLE   407,140 0 166,538
HDFC BANK LTD ADR REPS 3 SHS 40415F101 67,476,370 775,858 SH   SOLE   775,858 0 0
HOME DEPOT INC COM 437076102 92,040 600 SH   SOLE   600 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 35,416,310 537,262 SH   SOLE   537,262 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 22,763,895 2,060,081 SH   SOLE   479,215 0 1,580,866
JD COM INC SPON ADR CL A 47215P106 85,822,458 2,188,232 SH   SOLE   1,698,314 0 489,918
JOHNSON & JOHNSON COM 478160104 36,978,494 279,526 SH   SOLE   279,526 0 0
JPMORGAN CHASE & CO COM 46625H100 2,147,809 23,499 SH   SOLE   23,499 0 0
LAM RESEARCH CORP COM 512807108 87,726,199 620,280 SH   SOLE   532,764 0 87,516
MARKETAXESS HLDGS INC COM 57060D108 126,693 630 SH   SOLE   630 0 0
MASTERCARD INCORPORATED CL A 57636Q104 36,640,857 301,695 SH   SOLE   301,695 0 0
MEDTRONIC PLC SHS G5960L103 4,392,060 49,488 SH   SOLE   49,488 0 0
MERCADOLIBRE INC COM 58733R102 48,329,021 192,638 SH   SOLE   136,621 0 56,017
MERCK & CO INC COM 58933Y105 2,698,702 42,108 SH   SOLE   42,108 0 0
MICRON TECHNOLOGY INC COM 595112103 6,611,840 221,428 SH   SOLE   221,428 0 0
MICROSOFT CORP COM 594918104 521,800 7,570 SH   SOLE   7,570 0 0
NOVARTIS A G SPONSORED ADR 66987V109 367,268 4,400 SH   SOLE   4,400 0 0
NOVO-NORDISK A S ADR 670100205 437,478 10,200 SH   SOLE   10,200 0 0
NVIDIA CORP COM 67066G104 56,869,036 393,394 SH   SOLE   315,674 0 77,720
PAMPA ENERGIA S A SPONS ADR LVL I 697660207 22,406,843 380,745 SH   SOLE   276,108 0 104,637
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 2,549,829 75,730 SH   SOLE   75,730 0 0
RIO TINTO PLC SPONSORED ADR 767204100 13,126,847 310,254 SH   SOLE   310,254 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 287,971 5,414 SH   SOLE   5,414 0 0
S&P GLOBAL INC COM 78409V104 159,859 1,095 SH   SOLE   1,095 0 0
SOUTHWEST AIRLS CO COM 844741108 94,204 1,516 SH   SOLE   1,516 0 0
SAP SE SPON ADR 803054204 24,893,457 237,828 SH   SOLE   237,828 0 0
SCHLUMBERGER LTD COM 806857108 4,313,047 65,508 SH   SOLE   65,508 0 0
SCHWAB CHARLES CORP NEW COM 808513105 31,576,416 735,019 SH   SOLE   735,019 0 0
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100 3,689,648 84,839 SH   SOLE   84,839 0 0
STARBUCKS CORP COM 855244109 96,037 1,647 SH   SOLE   1,647 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 48,943,196 1,399,977 SH   SOLE   1,267,136 0 132,841
PRICELINE GRP INC COM NEW 741503403 121,584 65 SH   SOLE   65 0 0
UNITEDHEALTH GROUP INC COM 91324P102 69,913,722 377,056 SH   SOLE   377,056 0 0
VISA INC COM CL A 92826C839 32,444,785 345,967 SH   SOLE   345,967 0 0
YANDEX N V SHS CLASS A N97284108 29,995,574 1,143,124 SH   SOLE   814,582 0 328,542