# EDGAR Filing Document

**Accession Number:** 0002033536
**File Stem:** 0002033536-25-000047
**Filing Date:** 2025-7
**Character Count:** 39324
**Document Hash:** 33d029a891ad907bed12b0b362f8ad5d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002033536-25-000047.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0002033536-25-000047

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20190930

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**EFFECTIVENESS DATE**: 20250708

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northwest & Ethical Investments L.P.
- **CENTRAL INDEX KEY:** 0002033536

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24321
- **FILM NUMBER:** 251110529

**BUSINESS ADDRESS:**
- **STREET 1:** 151 YONGE STREET
- **STREET 2:** SUITE 1200
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 2W7
- **BUSINESS PHONE:** 4165946633

**MAIL ADDRESS:**
- **STREET 1:** 151 YONGE STREET
- **STREET 2:** SUITE 1200
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 2W7

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2019

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Northwest  Ethical Investments L.P.<br>**Address:** 151 YONGE STREET<br>SUITE 1200<br>TORONTO, A6 M5C 2W7

**Form 13F File Number:** 028-24321

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** John H. Bai<br>**Title:** SVP Chief Financial Officer and Chief Administrative Office<br>**Phone:** 6472899343

**Signature, Place, and Date of Signing:**

John H. Bai  Toronto, A6  07-02-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 368

**Form 13F Information Table Value Total:** $2052284371

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADT INC | COM | 00090Q103 |  | 2131793 | 340000 | SH |  | SOLE |  | 340000 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 10311767 | 197091 | SH |  | SOLE |  | 197091 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 2836467 | 173591 | SH |  | SOLE |  | 173591 | 0 | 0 |
| AMC ENTMT HLDGS INC | CL A COM | 00165C104 |  | 1287205 | 120300 | SH |  | SOLE |  | 120300 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 6163056 | 162872 | SH |  | SOLE |  | 162872 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 11431795 | 136630 | SH |  | SOLE |  | 136630 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 2505112 | 33084 | SH |  | SOLE |  | 33084 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 621437 | 11743 | SH |  | SOLE |  | 11743 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 9352413 | 33855 | SH |  | SOLE |  | 33855 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 9924702 | 129515 | SH |  | SOLE |  | 129515 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 1080283 | 20158 | SH |  | SOLE |  | 20158 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 3575040 | 16114 | SH |  | SOLE |  | 16114 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 834237 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 9929082 | 59374 | SH |  | SOLE |  | 59374 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 1992206 | 18331 | SH |  | SOLE |  | 18331 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 8456175 | 6937 | SH |  | SOLE |  | 6937 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 15413179 | 12622 | SH |  | SOLE |  | 12622 | 0 | 0 |
| ALTICE USA INC | CL A | 02156K103 |  | 2397955 | 83611 | SH |  | SOLE |  | 83611 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 10943141 | 6304 | SH |  | SOLE |  | 6304 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 72445 | 905 | SH |  | SOLE |  | 905 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 430691 | 4597 | SH |  | SOLE |  | 4597 | 0 | 0 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 3723509 | 34525 | SH |  | SOLE |  | 34525 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 1213699 | 21790 | SH |  | SOLE |  | 21790 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 6189408 | 27990 | SH |  | SOLE |  | 27990 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 20151283 | 162210 | SH |  | SOLE |  | 162210 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 2932723 | 19937 | SH |  | SOLE |  | 19937 | 0 | 0 |
| AMETEK INC NEW | COM | 031100100 |  | 3966886 | 43203 | SH |  | SOLE |  | 43203 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 11704414 | 60485 | SH |  | SOLE |  | 60485 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 3672218 | 32867 | SH |  | SOLE |  | 32867 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 4958448 | 22400 | SH |  | SOLE |  | 22400 | 0 | 0 |
| ANTHEM INC | COM | 036752103 |  | 2331603 | 9711 | SH |  | SOLE |  | 9711 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM CL A | 03768E105 |  | 1901016 | 50265 | SH |  | SOLE |  | 50265 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 15660827 | 69924 | SH |  | SOLE |  | 69924 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 1530140 | 37257 | SH |  | SOLE |  | 37257 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 6384164 | 43224 | SH |  | SOLE |  | 43224 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 7589298 | 47016 | SH |  | SOLE |  | 47016 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 9031601 | 8327 | SH |  | SOLE |  | 8327 | 0 | 0 |
| BB CORP | COM | 054937107 |  | 6295344 | 117957 | SH |  | SOLE |  | 117957 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 19665098 | 406576 | SH |  | SOLE |  | 406576 | 0 | 0 |
| BANCO DE CHILE | SPONSORED ADS | 059520106 |  | 479946 | 17080 | SH |  | SOLE |  | 17080 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 8308872 | 284844 | SH |  | SOLE |  | 284844 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 8597854 | 116734 | SH |  | SOLE |  | 116734 | 0 | 0 |
| BANK N S HALIFAX | COM | 064149107 |  | 57503628 | 1012411 | SH |  | SOLE |  | 1012411 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 9120380 | 104269 | SH |  | SOLE |  | 104269 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1074570 | 4248 | SH |  | SOLE |  | 4248 | 0 | 0 |
| BEIGENE LTD | SPONSORED ADR | 07725L102 |  | 1112055 | 9081 | SH |  | SOLE |  | 9081 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4792973 | 23041 | SH |  | SOLE |  | 23041 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 2855295 | 12264 | SH |  | SOLE |  | 12264 | 0 | 0 |
| BLACKBERRY LTD | COM | 09228F103 |  | 218668 | 41744 | SH |  | SOLE |  | 41744 | 0 | 0 |
| BLACKSTONE GROUP INC | COM CL A | 09260D107 |  | 4855071 | 99408 | SH |  | SOLE |  | 99408 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 2541531 | 6680 | SH |  | SOLE |  | 6680 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 3886485 | 54724 | SH |  | SOLE |  | 54724 | 0 | 0 |
| BRISTOL MYERS SQUIBB CO | COM | 110122108 |  | 8985275 | 177190 | SH |  | SOLE |  | 177190 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 278941 | 85744 | SH |  | SOLE |  | 85744 | 0 | 0 |
| CAE INC | COM | 124765108 |  | 123221 | 4850 | SH |  | SOLE |  | 4850 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 2901306 | 23542 | SH |  | SOLE |  | 23542 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 |  | 18614855 | 235414 | SH |  | SOLE |  | 235414 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 9724828 | 114707 | SH |  | SOLE |  | 114707 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 6573244 | 43305 | SH |  | SOLE |  | 43305 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 5919825 | 28011 | SH |  | SOLE |  | 28011 | 0 | 0 |
| CNA FINL CORP | COM | 126117100 |  | 2652793 | 53864 | SH |  | SOLE |  | 53864 | 0 | 0 |
| CSG SYS INTL INC | COM | 126349109 |  | 794112 | 15366 | SH |  | SOLE |  | 15366 | 0 | 0 |
| CDN IMPERIAL BK COMM TORONTO | COM | 136069101 |  | 24042594 | 291400 | SH |  | SOLE |  | 291400 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 24658955 | 274617 | SH |  | SOLE |  | 274617 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 26481409 | 995291 | SH |  | SOLE |  | 995291 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 3408281 | 37462 | SH |  | SOLE |  | 37462 | 0 | 0 |
| CEDAR FAIR L P | DEPOSITRY UNIT | 150185106 |  | 2564797 | 43948 | SH |  | SOLE |  | 43948 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 1131461 | 26155 | SH |  | SOLE |  | 26155 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 19315192 | 2058714 | SH |  | SOLE |  | 2058714 | 0 | 0 |
| CERNER CORP | COM | 156782104 |  | 1695177 | 24867 | SH |  | SOLE |  | 24867 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1975395 | 16656 | SH |  | SOLE |  | 16656 | 0 | 0 |
| CINEMARK HOLDINGS INC | COM | 17243V102 |  | 2925309 | 75707 | SH |  | SOLE |  | 75707 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 8236472 | 166697 | SH |  | SOLE |  | 166697 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4042824 | 58524 | SH |  | SOLE |  | 58524 | 0 | 0 |
| CITRIX SYS INC | COM | 177376100 |  | 8636195 | 89476 | SH |  | SOLE |  | 89476 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 1166538 | 23744 | SH |  | SOLE |  | 23744 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 1092721 | 18132 | SH |  | SOLE |  | 18132 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 8481777 | 115383 | SH |  | SOLE |  | 115383 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 18212831 | 242506 | SH |  | SOLE |  | 242506 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 10918926 | 242213 | SH |  | SOLE |  | 242213 | 0 | 0 |
| COMERICA INC | COM | 200340107 |  | 3522996 | 53387 | SH |  | SOLE |  | 53387 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 4271776 | 74970 | SH |  | SOLE |  | 74970 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 1568920 | 19531 | SH |  | SOLE |  | 19531 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 6015618 | 210927 | SH |  | SOLE |  | 210927 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 626077 | 22360 | SH |  | SOLE |  | 22360 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 915322 | 3177 | SH |  | SOLE |  | 3177 | 0 | 0 |
| CRESCENT PT ENERGY CORP | COM | 22576C101 |  | 6293322 | 1473098 | SH |  | SOLE |  | 1473098 | 0 | 0 |
| CROWN HOLDINGS INC | COM | 228368106 |  | 904094 | 13686 | SH |  | SOLE |  | 13686 | 0 | 0 |
| CTRIP COM INTL LTD | SPONSORED ADS | 22943F100 |  | 517227 | 17677 | SH |  | SOLE |  | 17677 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 1954254 | 55996 | SH |  | SOLE |  | 55996 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 1046778 | 6435 | SH |  | SOLE |  | 6435 | 0 | 0 |
| DXC TECHNOLOGY CO | COM | 23355L106 |  | 240778 | 8162 | SH |  | SOLE |  | 8162 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 13536802 | 93726 | SH |  | SOLE |  | 93726 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 2142139 | 18120 | SH |  | SOLE |  | 18120 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 1611818 | 10938 | SH |  | SOLE |  | 10938 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 7024930 | 121961 | SH |  | SOLE |  | 121961 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 1157980 | 48129 | SH |  | SOLE |  | 48129 | 0 | 0 |
| DIAGEO P L C | SPON ADR NEW | 25243Q205 |  | 798629 | 4884 | SH |  | SOLE |  | 4884 | 0 | 0 |
| DISNEY WALT CO | COM DISNEY | 254687106 |  | 13215057 | 101405 | SH |  | SOLE |  | 101405 | 0 | 0 |
| DISCOVERY INC | COM SER A | 25470F104 |  | 2660062 | 99890 | SH |  | SOLE |  | 99890 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 10999248 | 69204 | SH |  | SOLE |  | 69204 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 626622 | 5489 | SH |  | SOLE |  | 5489 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 4036994 | 49815 | SH |  | SOLE |  | 49815 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 664524 | 13946 | SH |  | SOLE |  | 13946 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 2366913 | 33192 | SH |  | SOLE |  | 33192 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 2094926 | 28226 | SH |  | SOLE |  | 28226 | 0 | 0 |
| EAGLE MATERIALS INC | COM | 26969P108 |  | 1595962 | 17731 | SH |  | SOLE |  | 17731 | 0 | 0 |
| EBAY INC | COM | 278642103 |  | 2292094 | 58802 | SH |  | SOLE |  | 58802 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 10830772 | 54690 | SH |  | SOLE |  | 54690 | 0 | 0 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 595401 | 22392 | SH |  | SOLE |  | 22392 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 1617350 | 16534 | SH |  | SOLE |  | 16534 | 0 | 0 |
| ENCANA CORP | COM | 292505104 |  | 503498 | 109895 | SH |  | SOLE |  | 109895 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 28592467 | 814642 | SH |  | SOLE |  | 814642 | 0 | 0 |
| ENERPLUS CORP | COM | 292766102 |  | 2413014 | 323900 | SH |  | SOLE |  | 323900 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 4991966 | 174667 | SH |  | SOLE |  | 174667 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 2537323 | 18992 | SH |  | SOLE |  | 18992 | 0 | 0 |
| EXTENDED STAY AMER INC | UNIT 99/99/9999B | 30224P200 |  | 2449088 | 167288 | SH |  | SOLE |  | 167288 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2360272 | 33427 | SH |  | SOLE |  | 33427 | 0 | 0 |
| FACEBOOK INC | CL A | 30303M102 |  | 9404908 | 52813 | SH |  | SOLE |  | 52813 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 5439570 | 166501 | SH |  | SOLE |  | 166501 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 8999373 | 67787 | SH |  | SOLE |  | 67787 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 |  | 10212490 | 229960 | SH |  | SOLE |  | 229960 | 0 | 0 |
| 58 COM INC | SPON ADR REP A | 31680Q104 |  | 617457 | 12522 | SH |  | SOLE |  | 12522 | 0 | 0 |
| FIRSTSERVICE CORP NEW | COM | 33767E202 |  | 23306173 | 227323 | SH |  | SOLE |  | 227323 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 511052 | 10941 | SH |  | SOLE |  | 10941 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 3722318 | 406368 | SH |  | SOLE |  | 406368 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 10856904 | 256808 | SH |  | SOLE |  | 256808 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 4169325 | 60813 | SH |  | SOLE |  | 60813 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 312422 | 7795 | SH |  | SOLE |  | 7795 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 527117 | 30364 | SH |  | SOLE |  | 30364 | 0 | 0 |
| GENERAL ELECTRIC CO | COM | 369604103 |  | 1397809 | 156355 | SH |  | SOLE |  | 156355 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 6704775 | 178890 | SH |  | SOLE |  | 178890 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 5354962 | 194479 | SH |  | SOLE |  | 194479 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 1795601 | 18030 | SH |  | SOLE |  | 18030 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 3383023 | 53377 | SH |  | SOLE |  | 53377 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 796269 | 22436 | SH |  | SOLE |  | 22436 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 2946419 | 18531 | SH |  | SOLE |  | 18531 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 9450486 | 45604 | SH |  | SOLE |  | 45604 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 3424700 | 60030 | SH |  | SOLE |  | 60030 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 4045822 | 27715 | SH |  | SOLE |  | 27715 | 0 | 0 |
| HESS CORP | COM | 42809H107 |  | 5378469 | 88930 | SH |  | SOLE |  | 88930 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 5490503 | 23664 | SH |  | SOLE |  | 23664 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 4769563 | 28189 | SH |  | SOLE |  | 28189 | 0 | 0 |
| HOWARD HUGHES CORP | COM | 44267D107 |  | 2662364 | 20543 | SH |  | SOLE |  | 20543 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 6323473 | 48124 | SH |  | SOLE |  | 48124 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 803370 | 222667 | SH |  | SOLE |  | 222667 | 0 | 0 |
| HUYA INC | ADS REP SHS A | 44852D108 |  | 343795 | 14543 | SH |  | SOLE |  | 14543 | 0 | 0 |
| IBERIABANK CORP | COM | 450828108 |  | 3141396 | 41586 | SH |  | SOLE |  | 41586 | 0 | 0 |
| IAMGOLD CORP | COM | 450913108 |  | 135072 | 39591 | SH |  | SOLE |  | 39591 | 0 | 0 |
| ICICI BK LTD | ADR | 45104G104 |  | 3421277 | 280894 | SH |  | SOLE |  | 280894 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 7853268 | 47921 | SH |  | SOLE |  | 47921 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 2805700 | 17929 | SH |  | SOLE |  | 17929 | 0 | 0 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 520916 | 20004 | SH |  | SOLE |  | 20004 | 0 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 1274754 | 112116 | SH |  | SOLE |  | 112116 | 0 | 0 |
| ING GROEP N V | SPONSORED ADR | 456837103 |  | 1610789 | 154143 | SH |  | SOLE |  | 154143 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 1472377 | 18013 | SH |  | SOLE |  | 18013 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 9152832 | 177622 | SH |  | SOLE |  | 177622 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 5182881 | 56171 | SH |  | SOLE |  | 56171 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 615124 | 4230 | SH |  | SOLE |  | 4230 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 2115503 | 98122 | SH |  | SOLE |  | 98122 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 901533 | 3390 | SH |  | SOLE |  | 3390 | 0 | 0 |
| IRON MTN INC NEW | COM | 46284V101 |  | 3770669 | 116415 | SH |  | SOLE |  | 116415 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 3495885 | 21900 | SH |  | SOLE |  | 21900 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 1532852 | 25100 | SH |  | SOLE |  | 25100 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 514708 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| ITAU UNIBANCO HLDG SA | SPON ADR REP PFD | 465562106 |  | 2351647 | 279626 | SH |  | SOLE |  | 279626 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 7950051 | 67551 | SH |  | SOLE |  | 67551 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1757104 | 13581 | SH |  | SOLE |  | 13581 | 0 | 0 |
| KAR AUCTION SVCS INC | COM | 48238T109 |  | 1247602 | 50819 | SH |  | SOLE |  | 50819 | 0 | 0 |
| KKR  CO INC | CL A | 48251W104 |  | 2256735 | 84050 | SH |  | SOLE |  | 84050 | 0 | 0 |
| KIMBERLY CLARK CORP | COM | 494368103 |  | 11747497 | 82700 | SH |  | SOLE |  | 82700 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 4656567 | 225938 | SH |  | SOLE |  | 225938 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 487855 | 105957 | SH |  | SOLE |  | 105957 | 0 | 0 |
| KOHLS CORP | COM | 500255104 |  | 6011720 | 121058 | SH |  | SOLE |  | 121058 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1502195 | 58270 | SH |  | SOLE |  | 58270 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 2540693 | 31022 | SH |  | SOLE |  | 31022 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 150220 | 720 | SH |  | SOLE |  | 720 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 3723401 | 16111 | SH |  | SOLE |  | 16111 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 2081670 | 25408 | SH |  | SOLE |  | 25408 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 3200991 | 55419 | SH |  | SOLE |  | 55419 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 389343 | 1957 | SH |  | SOLE |  | 1957 | 0 | 0 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 1262094 | 30828 | SH |  | SOLE |  | 30828 | 0 | 0 |
| LIBERTY PPTY TR | SH BEN INT | 531172104 |  | 2370360 | 46179 | SH |  | SOLE |  | 46179 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 |  | 1144085 | 27522 | SH |  | SOLE |  | 27522 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 8480488 | 75834 | SH |  | SOLE |  | 75834 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 5533829 | 35031 | SH |  | SOLE |  | 35031 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 1652953 | 22790 | SH |  | SOLE |  | 22790 | 0 | 0 |
| MSG NETWORK INC | CL A | 553573106 |  | 706167 | 43537 | SH |  | SOLE |  | 43537 | 0 | 0 |
| MADISON SQUARE GARDEN CO NEW | CL A | 55825T103 |  | 2730321 | 10361 | SH |  | SOLE |  | 10361 | 0 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 3282408 | 49531 | SH |  | SOLE |  | 49531 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 17799690 | 333928 | SH |  | SOLE |  | 333928 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 19338416 | 1054345 | SH |  | SOLE |  | 1054345 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 5997888 | 98731 | SH |  | SOLE |  | 98731 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 1810599 | 18097 | SH |  | SOLE |  | 18097 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 2236541 | 53660 | SH |  | SOLE |  | 53660 | 0 | 0 |
| MASTERCARD INC | CL A | 57636Q104 |  | 11545218 | 42513 | SH |  | SOLE |  | 42513 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 9914417 | 46176 | SH |  | SOLE |  | 46176 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 531195 | 3887 | SH |  | SOLE |  | 3887 | 0 | 0 |
| MELCO RESORTS AND ENTMT LTD | ADR | 585464100 |  | 316040 | 16274 | SH |  | SOLE |  | 16274 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 373732 | 678 | SH |  | SOLE |  | 678 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 13506553 | 160449 | SH |  | SOLE |  | 160449 | 0 | 0 |
| MEREDITH CORP | COM | 589433101 |  | 1080623 | 29477 | SH |  | SOLE |  | 29477 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 2773918 | 3938 | SH |  | SOLE |  | 3938 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 32351898 | 232698 | SH |  | SOLE |  | 232698 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 2225803 | 51920 | SH |  | SOLE |  | 51920 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 6768822 | 122358 | SH |  | SOLE |  | 122358 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 2013505 | 47188 | SH |  | SOLE |  | 47188 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 3048113 | 17887 | SH |  | SOLE |  | 17887 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 1193707 | 12014 | SH |  | SOLE |  | 12014 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 1575569 | 5927 | SH |  | SOLE |  | 5927 | 0 | 0 |
| NEW ORIENTAL ED  TECH GRP I | SPON ADR | 647581107 |  | 1202406 | 10856 | SH |  | SOLE |  | 10856 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 |  | 1810218 | 96700 | SH |  | SOLE |  | 96700 | 0 | 0 |
| NICE LTD | SPONSORED ADR | 653656108 |  | 6448115 | 44841 | SH |  | SOLE |  | 44841 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 2296430 | 24451 | SH |  | SOLE |  | 24451 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 3624856 | 121152 | SH |  | SOLE |  | 121152 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 16322922 | 327659 | SH |  | SOLE |  | 327659 | 0 | 0 |
| O REILLY AUTOMOTIVE INC NEW | COM | 67103H107 |  | 13397863 | 33620 | SH |  | SOLE |  | 33620 | 0 | 0 |
| OASIS PETE INC NEW | COM | 674215108 |  | 1382341 | 399522 | SH |  | SOLE |  | 399522 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 1463947 | 32920 | SH |  | SOLE |  | 32920 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 515857 | 3035 | SH |  | SOLE |  | 3035 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 5170758 | 66038 | SH |  | SOLE |  | 66038 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 1444835 | 19607 | SH |  | SOLE |  | 19607 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 7342904 | 133435 | SH |  | SOLE |  | 133435 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 11200149 | 79910 | SH |  | SOLE |  | 79910 | 0 | 0 |
| PPG INDS INC | COM | 693506107 |  | 3017491 | 25462 | SH |  | SOLE |  | 25462 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 5353188 | 169997 | SH |  | SOLE |  | 169997 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 4460253 | 65419 | SH |  | SOLE |  | 65419 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 7489787 | 70592 | SH |  | SOLE |  | 70592 | 0 | 0 |
| PARK HOTELS RESORTS INC | COM | 700517105 |  | 2009304 | 80469 | SH |  | SOLE |  | 80469 | 0 | 0 |
| PARKER HANNIFIN CORP | COM | 701094104 |  | 9053047 | 50125 | SH |  | SOLE |  | 50125 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 4482229 | 54153 | SH |  | SOLE |  | 54153 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 2857210 | 27582 | SH |  | SOLE |  | 27582 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 1785242 | 48161 | SH |  | SOLE |  | 48161 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 12410389 | 90521 | SH |  | SOLE |  | 90521 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 2177670 | 150496 | SH |  | SOLE |  | 150496 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 3466407 | 96477 | SH |  | SOLE |  | 96477 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2945770 | 38796 | SH |  | SOLE |  | 38796 | 0 | 0 |
| PRECISION DRILLING CORP | COM 2010 | 74022D308 |  | 1738433 | 1515244 | SH |  | SOLE |  | 1515244 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 18953834 | 152387 | SH |  | SOLE |  | 152387 | 0 | 0 |
| PROGRESSIVE CORP OHIO | COM | 743315103 |  | 4299798 | 55661 | SH |  | SOLE |  | 55661 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 6988462 | 77693 | SH |  | SOLE |  | 77693 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 2278018 | 29864 | SH |  | SOLE |  | 29864 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 1786921 | 25969 | SH |  | SOLE |  | 25969 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 1027763 | 3705 | SH |  | SOLE |  | 3705 | 0 | 0 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 3086953 | 19308 | SH |  | SOLE |  | 19308 | 0 | 0 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 3145499 | 132610 | SH |  | SOLE |  | 132610 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 3242152 | 37460 | SH |  | SOLE |  | 37460 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 1997330 | 28091 | SH |  | SOLE |  | 28091 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 3263853 | 19805 | SH |  | SOLE |  | 19805 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 15761858 | 323604 | SH |  | SOLE |  | 323604 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 6096655 | 55500 | SH |  | SOLE |  | 55500 | 0 | 0 |
| ROYAL BK CDA MONTREAL QUE | COM | 780087102 |  | 36304195 | 447546 | SH |  | SOLE |  | 447546 | 0 | 0 |
| ROYAL DUTCH SHELL PLC | SPON ADR B | 780259107 |  | 5322577 | 88858 | SH |  | SOLE |  | 88858 | 0 | 0 |
| ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 |  | 2003894 | 34051 | SH |  | SOLE |  | 34051 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 2037880 | 24910 | SH |  | SOLE |  | 24910 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2773306 | 9345 | SH |  | SOLE |  | 9345 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG BRCLYS | 78468R622 |  | 16263645 | 149565 | SH |  | SOLE |  | 149565 | 0 | 0 |
| SVB FINL GROUP | COM | 78486Q101 |  | 962002 | 4604 | SH |  | SOLE |  | 4604 | 0 | 0 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 1855414 | 80811 | SH |  | SOLE |  | 80811 | 0 | 0 |
| SALESFORCE COM INC | COM | 79466L302 |  | 5182023 | 34910 | SH |  | SOLE |  | 34910 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 1924457 | 16327 | SH |  | SOLE |  | 16327 | 0 | 0 |
| SCHLUMBERGER LTD | COM | 806857108 |  | 673112 | 19699 | SH |  | SOLE |  | 19699 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 10551641 | 254196 | SH |  | SOLE |  | 254196 | 0 | 0 |
| SHAW COMMUNICATIONS INC | CL B CONV | 82028K200 |  | 4464940 | 227253 | SH |  | SOLE |  | 227253 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1296589 | 2358 | SH |  | SOLE |  | 2358 | 0 | 0 |
| SIX FLAGS ENTMT CORP NEW | COM | 83001A102 |  | 2042208 | 40209 | SH |  | SOLE |  | 40209 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 1559317 | 19676 | SH |  | SOLE |  | 19676 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 3333820 | 69877 | SH |  | SOLE |  | 69877 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 1515190 | 13772 | SH |  | SOLE |  | 13772 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 8700496 | 161091 | SH |  | SOLE |  | 161091 | 0 | 0 |
| STANTEC INC | COM | 85472N109 |  | 26424475 | 1194017 | SH |  | SOLE |  | 1194017 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 3159678 | 35735 | SH |  | SOLE |  | 35735 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 1304848 | 43787 | SH |  | SOLE |  | 43787 | 0 | 0 |
| STOCK YDS BANCORP INC | COM | 861025104 |  | 1018070 | 27748 | SH |  | SOLE |  | 27748 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 |  | 1857994 | 12516 | SH |  | SOLE |  | 12516 | 0 | 0 |
| SUN LIFE FINL INC | COM | 866796105 |  | 21299636 | 476349 | SH |  | SOLE |  | 476349 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 23023776 | 729915 | SH |  | SOLE |  | 729915 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 3291697 | 92050 | SH |  | SOLE |  | 92050 | 0 | 0 |
| SYNEOS HEALTH INC | CL A | 87166B102 |  | 2983421 | 56069 | SH |  | SOLE |  | 56069 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 8327206 | 104877 | SH |  | SOLE |  | 104877 | 0 | 0 |
| TD AMERITRADE HLDG CORP | COM | 87236Y108 |  | 692185 | 14822 | SH |  | SOLE |  | 14822 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 13198353 | 236785 | SH |  | SOLE |  | 236785 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 3115079 | 67020 | SH |  | SOLE |  | 67020 | 0 | 0 |
| TAL EDUCATION GROUP | SPONSORED ADS | 874080104 |  | 702979 | 20531 | SH |  | SOLE |  | 20531 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 5783491 | 54097 | SH |  | SOLE |  | 54097 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 3189603 | 61600 | SH |  | SOLE |  | 61600 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 671254 | 41402 | SH |  | SOLE |  | 41402 | 0 | 0 |
| TELUS CORP | COM | 87971M103 |  | 30663967 | 861618 | SH |  | SOLE |  | 861618 | 0 | 0 |
| TENCENT MUSIC ENTMT GROUP | SPON ADS | 88034P109 |  | 978178 | 76600 | SH |  | SOLE |  | 76600 | 0 | 0 |
| TERNIUM SA | SPONSORED ADS | 880890108 |  | 682048 | 35542 | SH |  | SOLE |  | 35542 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 7576412 | 58623 | SH |  | SOLE |  | 58623 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 11498428 | 39477 | SH |  | SOLE |  | 39477 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 2167607 | 13185 | SH |  | SOLE |  | 13185 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 65734847 | 1127402 | SH |  | SOLE |  | 1127402 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 803918 | 8889 | SH |  | SOLE |  | 8889 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 |  | 3253 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 10679922 | 71827 | SH |  | SOLE |  | 71827 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 8279038 | 213323 | SH |  | SOLE |  | 213323 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 2541121 | 29500 | SH |  | SOLE |  | 29500 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 4144195 | 82439 | SH |  | SOLE |  | 82439 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 10499126 | 189721 | SH |  | SOLE |  | 189721 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1719081 | 56419 | SH |  | SOLE |  | 56419 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 1933507 | 7714 | SH |  | SOLE |  | 7714 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 3312340 | 55114 | SH |  | SOLE |  | 55114 | 0 | 0 |
| UNION PACIFIC CORP | COM | 907818108 |  | 7511474 | 46373 | SH |  | SOLE |  | 46373 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 4957177 | 41372 | SH |  | SOLE |  | 41372 | 0 | 0 |
| UNITED TECHNOLOGIES CORP | COM | 913017109 |  | 1025125 | 7509 | SH |  | SOLE |  | 7509 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 11495539 | 52897 | SH |  | SOLE |  | 52897 | 0 | 0 |
| VALERO ENERGY CORP NEW | COM | 91913Y100 |  | 3045103 | 35724 | SH |  | SOLE |  | 35724 | 0 | 0 |
| VARIAN MED SYS INC | COM | 92220P105 |  | 2136944 | 17944 | SH |  | SOLE |  | 17944 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 3203815 | 43870 | SH |  | SOLE |  | 43870 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 19698422 | 326350 | SH |  | SOLE |  | 326350 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 2480259 | 15684 | SH |  | SOLE |  | 15684 | 0 | 0 |
| VERMILION ENERGY INC | COM | 923725105 |  | 6334770 | 380274 | SH |  | SOLE |  | 380274 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 13537315 | 78701 | SH |  | SOLE |  | 78701 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 3454214 | 173492 | SH |  | SOLE |  | 173492 | 0 | 0 |
| WNS HOLDINGS LTD | SPON ADR | 92932M101 |  | 626272 | 10660 | SH |  | SOLE |  | 10660 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 8753571 | 73758 | SH |  | SOLE |  | 73758 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 4113778 | 74377 | SH |  | SOLE |  | 74377 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 19474842 | 169347 | SH |  | SOLE |  | 169347 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 8773580 | 39303 | SH |  | SOLE |  | 39303 | 0 | 0 |
| WELBILT INC | COM | 949090104 |  | 5168332 | 306545 | SH |  | SOLE |  | 306545 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 4256416 | 84386 | SH |  | SOLE |  | 84386 | 0 | 0 |
| WESBANCO INC | COM | 950810101 |  | 2213978 | 59245 | SH |  | SOLE |  | 59245 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 3515804 | 151740 | SH |  | SOLE |  | 151740 | 0 | 0 |
| WESTROCK CO | COM | 96145D105 |  | 8017589 | 219962 | SH |  | SOLE |  | 219962 | 0 | 0 |
| WEYERHAEUSER CO | COM | 962166104 |  | 2730546 | 98576 | SH |  | SOLE |  | 98576 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 989976 | 37754 | SH |  | SOLE |  | 37754 | 0 | 0 |
| WILLIAMS COS INC DEL | COM | 969457100 |  | 3063213 | 127316 | SH |  | SOLE |  | 127316 | 0 | 0 |
| WINMARK CORP | COM | 974250102 |  | 8396489 | 47602 | SH |  | SOLE |  | 47602 | 0 | 0 |
| WIPRO LTD | SPON ADR 1 SH | 97651M109 |  | 365557 | 100153 | SH |  | SOLE |  | 100153 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 11291035 | 141812 | SH |  | SOLE |  | 141812 | 0 | 0 |
| YAMANA GOLD INC | COM | 98462Y100 |  | 254893 | 80404 | SH |  | SOLE |  | 80404 | 0 | 0 |
| ZIMMER BIOMET HLDGS INC | COM | 98956P102 |  | 1836392 | 13378 | SH |  | SOLE |  | 13378 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 5731370 | 46002 | SH |  | SOLE |  | 46002 | 0 | 0 |
| AIRCASTLE LTD | COM | G0129K104 |  | 3465580 | 154507 | SH |  | SOLE |  | 154507 | 0 | 0 |
| ALLEGION PUB LTD CO | ORD SHS | G0176J109 |  | 4418377 | 42628 | SH |  | SOLE |  | 42628 | 0 | 0 |
| AMDOCS LTD | SHS | G02602103 |  | 3665324 | 55443 | SH |  | SOLE |  | 55443 | 0 | 0 |
| ARCO PLATFORM LTD | COM CL A | G04553106 |  | 643254 | 12690 | SH |  | SOLE |  | 12690 | 0 | 0 |
| ATHENE HLDG LTD | CL A | G0684D107 |  | 2725773 | 64807 | SH |  | SOLE |  | 64807 | 0 | 0 |
| AXIS CAPITAL HOLDINGS LTD | SHS | G0692U109 |  | 2994584 | 44883 | SH |  | SOLE |  | 44883 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 7903636 | 41090 | SH |  | SOLE |  | 41090 | 0 | 0 |
| BROOKFIELD PROPERTY PARTRS L | UNIT LTD PARTN | G16249107 |  | 19308737 | 951330 | SH |  | SOLE |  | 951330 | 0 | 0 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 3358017 | 82693 | SH |  | SOLE |  | 82693 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 |  | 2531495 | 12145 | SH |  | SOLE |  | 12145 | 0 | 0 |
| DELPHI TECHNOLOGIES PLC | SHS | G2709G107 |  | 2769945 | 206713 | SH |  | SOLE |  | 206713 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 1816322 | 21844 | SH |  | SOLE |  | 21844 | 0 | 0 |
| ESSENT GROUP LTD | COM | G3198U102 |  | 2073638 | 43500 | SH |  | SOLE |  | 43500 | 0 | 0 |
| EVEREST RE GROUP LTD | COM | G3223R108 |  | 1704833 | 6407 | SH |  | SOLE |  | 6407 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 3258554 | 84092 | SH |  | SOLE |  | 84092 | 0 | 0 |
| ICON PLC | SHS | G4705A100 |  | 2640004 | 17930 | SH |  | SOLE |  | 17930 | 0 | 0 |
| INGERSOLL-RAND PLC | SHS | G47791101 |  | 19161927 | 155523 | SH |  | SOLE |  | 155523 | 0 | 0 |
| LAZARD LTD | SHS A | G54050102 |  | 4392870 | 125511 | SH |  | SOLE |  | 125511 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 2087017 | 19214 | SH |  | SOLE |  | 19214 | 0 | 0 |
| RENAISSANCERE HOLDINGS LTD | COM | G7496G103 |  | 2313654 | 11960 | SH |  | SOLE |  | 11960 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 4285221 | 113366 | SH |  | SOLE |  | 113366 | 0 | 0 |
| WILLIS TOWERS WATSON PUB LTD | SHS | G96629103 |  | 1185024 | 6141 | SH |  | SOLE |  | 6141 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 6913645 | 42825 | SH |  | SOLE |  | 42825 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 1849962 | 21844 | SH |  | SOLE |  | 21844 | 0 | 0 |
| TE CONNECTIVITY LTD | REG SHS | H84989104 |  | 15009851 | 161085 | SH |  | SOLE |  | 161085 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 5841696 | 53349 | SH |  | SOLE |  | 53349 | 0 | 0 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 2126658 | 21305 | SH |  | SOLE |  | 21305 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 2678251 | 48918 | SH |  | SOLE |  | 48918 | 0 | 0 |
| CORE LABORATORIES N V | COM | N22717107 |  | 301164 | 6460 | SH |  | SOLE |  | 6460 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 3015039 | 33699 | SH |  | SOLE |  | 33699 | 0 | 0 |
| YANDEX N V | SHS CLASS A | N97284108 |  | 1324739 | 37839 | SH |  | SOLE |  | 37839 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 1120907 | 11351 | SH |  | SOLE |  | 11351 | 0 | 0 |
| ROYAL CARIBBEAN CRUISES LTD | COM | V7780T103 |  | 2742581 | 25317 | SH |  | SOLE |  | 25317 | 0 | 0 |

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