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
ABB Ltd. - COM ISIN CH0012221716 Sponsored ADR 000375204 17,239 644,925 SH   SOLE   644,925 0 0
Autoliv Inc. - COM ISIN SE0000382335 Common Stock 052800109 6,519 91,072 SH   SOLE   91,072 0 0
Equinor ASA - COM ISIN NO0010096985 Sponsored ADR 29446M102 3,910,473 112,499,219 SH   SOLE   112,499,219 0 0
Ericsson - COM ISIN SE0000108656 ADR B SEK 10 294821608 70,460 9,521,499 SH   SOLE   9,521,499 0 0
Frontline Ltd. - COM ISIN BMG3682E1921 Shares G3682E192 95,160 10,740,390 SH   SOLE   10,740,390 0 0
Genmab A S - COM ISIN DK0010272202 Sponsored ADS 372303206 5,104 157,066 SH   SOLE   157,066 0 0
Golden Ocean Group Ltd. - COM ISIN BMG396372051 Shares G39637205 88,457 7,599,324 SH   SOLE   7,599,324 0 0
Nokia Corp - COM ISIN FI0009000681 Sponsored ADR 654902204 82,510 17,897,919 SH   SOLE   17,897,919 0 0
Novo-Nordisk A S - COM ISIN DK0060534915 ADR 670100205 461,641 4,142,878 SH   SOLE   4,142,878 0 0
Flex LNG Ltd - COM ISIN BMG359472021 Shares G35947202 24,939 910,497 SH   SOLE   910,497 0 0