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
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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
Equinor ASA COM ISIN NO0010096985 Sponsored ADR 29446M102 1,433,435 117,687,569 SH   SOLE   117,687,569 0 0
Frontline Ltd. - COM ISIN BMG3682E1921 Shares G3682E192 75,094 7,814,170 SH   SOLE   7,814,170 0 0
Autoliv Inc. - COM ISIN SE0000382335 Common Stock 052800109 3,159 68,654 SH   SOLE   68,654 0 0
Nokia Corp - COM ISIN FI0009000681 Sponsored ADR 654902204 84,976 27,411,567 SH   SOLE   27,411,567 0 0
Novo-Nordisk A S - COM ISIN DK0060534915 ADR 670100205 345,935 5,746,422 SH   SOLE   5,746,422 0 0
Ericsson - COM ISIN SE0000108656 ADR B SEK 10 294821608 54,284 6,710,060 SH   SOLE   6,710,060 0 0
ABB Ltd. - COM ISIN CH0012221716 Sponsored ADR 000375204 5,463 316,492 SH   SOLE   316,492 0 0
Golden Ocean Group Ltd. - COM ISIN BMG396372051 Shares G39637205 23,907 7,638,154 SH   SOLE   7,638,154 0 0
Borr Drilling - COM ISIN BMG1466R2078 Shares G1466R207 4,137 8,538,061 SH   SOLE   8,538,061 0 0
GENMAB A S - COM ISIN DK0010272202 Sponsored ADS 372303206 39,746 187,568 SH   SOLE   187,568 0 0