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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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
ABB Ltd. - COM ISIN CH0012221716 Sponsored ADR 000375204 623,402 20,161 SH   SOLE   623,402 0 0
Autoliv Inc. - COM ISIN SE0000382335 Common Stock 052800109 88,033 6,730 SH   SOLE   88,033 0 0
Equinor ASA - COM ISIN NO0010096985 Sponsored ADR 29446M102 118,570,702 4,447,588 SH   SOLE   118,570,702 0 0
Ericsson - COM ISIN SE0000108656 ADR B SEK 10 294821608 9,203,738 84,123 SH   SOLE   9,203,738 0 0
Frontline Ltd. - COM ISIN BMG3682E1921 Shares G3682E192 11,499,940 101,200 SH   SOLE   11,499,940 0 0
Genmab A S - COM ISIN DK0010272202 Sponsored ADS 372303206 137,238 4,966 SH   SOLE   137,238 0 0
Golden Ocean Group Ltd. - COM ISIN BMG396372051 Shares G39637205 8,136,740 100,733 SH   SOLE   8,136,740 0 0
Nokia Corp - COM ISIN FI0009000681 Sponsored ADR 654902204 17,300,610 94,462 SH   SOLE   17,300,610 0 0
Novo-Nordisk A S - COM ISIN DK0060534915 ADR 670100205 4,289,982 476,403 SH   SOLE   4,289,982 0 0
Flex LNG Ltd - COM ISIN BMG359472021 Shares G35947202 658,170 18,772 SH   SOLE   658,170 0 0