# EDGAR Filing Document

**Accession Number:** 0002131483
**File Stem:** 0002131483-26-000019
**Filing Date:** 2026-5
**Character Count:** 31784
**Document Hash:** 48bfba076512aa5eb06742e46e2edde3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002131483-26-000019.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0002131483-26-000019

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20180331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**EFFECTIVENESS DATE**: 20260528

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Henshaw Capital LLC
- **CENTRAL INDEX KEY:** 0002131483

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

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-26999
- **FILM NUMBER:** 261036061

**BUSINESS ADDRESS:**
- **STREET 1:** 200 WEST CUMMINGS PARK
- **CITY:** WOBURN
- **STATE:** MA
- **ZIP:** 01801
- **BUSINESS PHONE:** 781-935-8000

**MAIL ADDRESS:**
- **STREET 1:** 200 WEST CUMMINGS PARK
- **CITY:** WOBURN
- **STATE:** MA
- **ZIP:** 01801

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2018

**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:** Henshaw Capital LLC<br>**Address:** 200 WEST CUMMINGS PARK<br>WOBURN, MA 01801

**Form 13F File Number:** 028-26999

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:** Robert Park<br>**Title:** Managing Director<br>**Phone:** 781-935-8000

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

/s/Robert Park  Woburn, MA  05-28-2026<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:** 294

**Form 13F Information Table Value Total:** $1072585380

      (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 |
| AARONS INC | COM PAR $0.50 | 002535300 |  | 566376 | 12154 | SH |  | SOLE |  | 0 | 0 | 12154 |
| ABB LTD | SPONSORED ADR | 000375204 |  | 232272 | 9784 | SH |  | SOLE |  | 0 | 0 | 9784 |
| ABBOTT LABS | COM | 002824100 |  | 255619 | 4266 | SH |  | SOLE |  | 0 | 0 | 4266 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1365594 | 8896 | SH |  | SOLE |  | 0 | 0 | 8896 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 343506 | 5092 | SH |  | SOLE |  | 0 | 0 | 5092 |
| ACUITY BRANDS INC | COM | 00508Y102 |  | 1254027 | 9009 | SH |  | SOLE |  | 0 | 0 | 9009 |
| ADECOAGRO S A | COM | L00849106 |  | 159650 | 21230 | SH |  | SOLE |  | 0 | 0 | 21230 |
| ADOBE SYS INC | COM | 00724F101 |  | 227316 | 1052 | SH |  | SOLE |  | 0 | 0 | 1052 |
| ADVANCED SEMICONDUCTOR ENGR | SPONSORED ADR | 00756M404 |  | 266979 | 36774 | SH |  | SOLE |  | 0 | 0 | 36774 |
| AEGION CORP | COM | 00770F104 |  | 418497 | 18267 | SH |  | SOLE |  | 0 | 0 | 18267 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 532154 | 10492 | SH |  | SOLE |  | 0 | 0 | 10492 |
| AFFILIATED MANAGERS GROUP | COM | 008252108 |  | 1579647 | 8332 | SH |  | SOLE |  | 0 | 0 | 8332 |
| AFLAC INC | COM | 001055102 |  | 21223600 | 485000 | SH |  | SOLE |  | 0 | 0 | 485000 |
| AIR TRANSPORT SERVICES GRP I | COM | 00922R105 |  | 308757 | 13240 | SH |  | SOLE |  | 0 | 0 | 13240 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 745906 | 4064 | SH |  | SOLE |  | 0 | 0 | 4064 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 19705660 | 19000 | SH |  | SOLE |  | 0 | 0 | 19000 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 20262292 | 19638 | SH |  | SOLE |  | 0 | 0 | 19638 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 233451 | 3746 | SH |  | SOLE |  | 0 | 0 | 3746 |
| AMAZON COM INC | COM | 023135106 |  | 16877432 | 11661 | SH |  | SOLE |  | 0 | 0 | 11661 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 665075 | 91482 | SH |  | SOLE |  | 0 | 0 | 91482 |
| AMERICAN EQTY INVT LIFE HLD | COM | 025676206 |  | 230978 | 7867 | SH |  | SOLE |  | 0 | 0 | 7867 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 287483 | 1978 | SH |  | SOLE |  | 0 | 0 | 1978 |
| AMERISAFE INC | COM | 03071H100 |  | 323931 | 5863 | SH |  | SOLE |  | 0 | 0 | 5863 |
| AMGEN INC | COM | 031162100 |  | 6094660 | 35750 | SH |  | SOLE |  | 0 | 0 | 35750 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 201992 | 19940 | SH |  | SOLE |  | 0 | 0 | 19940 |
| AMN HEALTHCARE SERVICES INC | COM | 001744101 |  | 259802 | 4578 | SH |  | SOLE |  | 0 | 0 | 4578 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 413614 | 3762 | SH |  | SOLE |  | 0 | 0 | 3762 |
| ANSYS INC | COM | 03662Q105 |  | 2647121 | 16894 | SH |  | SOLE |  | 0 | 0 | 16894 |
| AON PLC | SHS CL A | G0408V102 |  | 812307 | 5789 | SH |  | SOLE |  | 0 | 0 | 5789 |
| APPLE INC | COM | 037833100 |  | 41978051 | 250197 | SH |  | SOLE |  | 0 | 0 | 250197 |
| APTARGROUP INC | COM | 038336103 |  | 1176580 | 13098 | SH |  | SOLE |  | 0 | 0 | 13098 |
| APTIV PLC | SHS | G6095L109 |  | 399625 | 4703 | SH |  | SOLE |  | 0 | 0 | 4703 |
| ARAMARK | COM | 03852U106 |  | 1830896 | 46281 | SH |  | SOLE |  | 0 | 0 | 46281 |
| ARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 03938L203 |  | 346697 | 10899 | SH |  | SOLE |  | 0 | 0 | 10899 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 269616 | 6217 | SH |  | SOLE |  | 0 | 0 | 6217 |
| ARGO GROUP INTL HLDGS LTD | COM | G0464B107 |  | 286619 | 4993 | SH |  | SOLE |  | 0 | 0 | 4993 |
| ARTISAN PARTNERS ASSET MGMT | CL A | 04316A108 |  | 287313 | 8628 | SH |  | SOLE |  | 0 | 0 | 8628 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 317497 | 1599 | SH |  | SOLE |  | 0 | 0 | 1599 |
| AT INC | COM | 00206R102 |  | 463450 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 31901371 | 281119 | SH |  | SOLE |  | 0 | 0 | 281119 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 1170408 | 5244 | SH |  | SOLE |  | 0 | 0 | 5244 |
| BANCO DE CHILE | SPONSORED ADR | 059520106 |  | 298320 | 2966 | SH |  | SOLE |  | 0 | 0 | 2966 |
| BANCO SANTANDER SA | ADR | 05964H105 |  | 351401 | 53649 | SH |  | SOLE |  | 0 | 0 | 53649 |
| BANCOLOMBIA S A | SPON ADR PREF | 05968L102 |  | 277136 | 6595 | SH |  | SOLE |  | 0 | 0 | 6595 |
| BANNER CORP | COM NEW | 06652V208 |  | 576828 | 10395 | SH |  | SOLE |  | 0 | 0 | 10395 |
| BAXTER INTL INC | COM | 071813109 |  | 3907351 | 60076 | SH |  | SOLE |  | 0 | 0 | 60076 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 10303142 | 51650 | SH |  | SOLE |  | 0 | 0 | 51650 |
| BERKSHIRE HILLS BANCORP INC | COM | 084680107 |  | 396880 | 10458 | SH |  | SOLE |  | 0 | 0 | 10458 |
| BHP BILLITON LTD | SPONSORED ADR | 088606108 |  | 531895 | 11972 | SH |  | SOLE |  | 0 | 0 | 11972 |
| BIG LOTS INC | COM | 089302103 |  | 379059 | 8708 | SH |  | SOLE |  | 0 | 0 | 8708 |
| BIO RAD LABS INC | CL A | 090572207 |  | 1657280 | 6627 | SH |  | SOLE |  | 0 | 0 | 6627 |
| BIO TECHNE CORP | COM | 09073M104 |  | 1210536 | 8015 | SH |  | SOLE |  | 0 | 0 | 8015 |
| BLACK HILLS CORP | COM | 092113109 |  | 326940 | 6021 | SH |  | SOLE |  | 0 | 0 | 6021 |
| BLACKBAUD INC | COM | 09227Q100 |  | 1941350 | 19068 | SH |  | SOLE |  | 0 | 0 | 19068 |
| BLACKROCK INC | COM | 09247X101 |  | 37806538 | 69790 | SH |  | SOLE |  | 0 | 0 | 69790 |
| BOEING CO | COM | 097023105 |  | 48707486 | 148553 | SH |  | SOLE |  | 0 | 0 | 148553 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 236127 | 8643 | SH |  | SOLE |  | 0 | 0 | 8643 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 |  | 333620 | 21009 | SH |  | SOLE |  | 0 | 0 | 21009 |
| BRINKS CO | COM | 109696104 |  | 351811 | 4931 | SH |  | SOLE |  | 0 | 0 | 4931 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 1356701 | 23517 | SH |  | SOLE |  | 0 | 0 | 23517 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 1534535 | 13990 | SH |  | SOLE |  | 0 | 0 | 13990 |
| BRUNSWICK CORP | COM | 117043109 |  | 362936 | 6111 | SH |  | SOLE |  | 0 | 0 | 6111 |
| CALIFORNIA WTR SVC GROUP | COM | 130788102 |  | 274502 | 7369 | SH |  | SOLE |  | 0 | 0 | 7369 |
| CALLON PETE CO DEL | COM | 13123X102 |  | 390845 | 29520 | SH |  | SOLE |  | 0 | 0 | 29520 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 375480 | 11931 | SH |  | SOLE |  | 0 | 0 | 11931 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 360840 | 4935 | SH |  | SOLE |  | 0 | 0 | 4935 |
| CARLISLE COS INC | COM | 142339100 |  | 1596587 | 15292 | SH |  | SOLE |  | 0 | 0 | 15292 |
| CARS COM INC | COM | 14575E105 |  | 412258 | 14552 | SH |  | SOLE |  | 0 | 0 | 14552 |
| CATHAY GEN BANCORP | COM | 149150104 |  | 426027 | 10656 | SH |  | SOLE |  | 0 | 0 | 10656 |
| CDW CORP | COM | 12514G108 |  | 1737357 | 24710 | SH |  | SOLE |  | 0 | 0 | 24710 |
| CHANGYOU COM LTD | ADS REP CL A | 15911M107 |  | 207697 | 7447 | SH |  | SOLE |  | 0 | 0 | 7447 |
| CHEVRON CORP NEW | COM | 166764100 |  | 10902750 | 95605 | SH |  | SOLE |  | 0 | 0 | 95605 |
| CHINA MOBILE LIMITED | SPONSORED ADR | 16941M109 |  | 432566 | 9455 | SH |  | SOLE |  | 0 | 0 | 9455 |
| CHUBB LIMITED | COM | H1467J104 |  | 573580 | 4194 | SH |  | SOLE |  | 0 | 0 | 4194 |
| CHUNGHWA TELECOM CO LTD | SPON ADR NEW11 | 17133Q502 |  | 279909 | 7203 | SH |  | SOLE |  | 0 | 0 | 7203 |
| CHURCH  DWIGHT INC | COM | 171340102 |  | 1011996 | 20095 | SH |  | SOLE |  | 0 | 0 | 20095 |
| CIGNA CORPORATION | COM | 125509109 |  | 351415 | 2095 | SH |  | SOLE |  | 0 | 0 | 2095 |
| CISCO SYS INC | COM | 17275R102 |  | 15793343 | 368229 | SH |  | SOLE |  | 0 | 0 | 368229 |
| CITIGROUP INC | COM NEW | 172967424 |  | 919356 | 13620 | SH |  | SOLE |  | 0 | 0 | 13620 |
| CIVITAS SOLUTIONS INC | COM | 17887R102 |  | 184030 | 11950 | SH |  | SOLE |  | 0 | 0 | 11950 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 409800 | 18911 | SH |  | SOLE |  | 0 | 0 | 18911 |
| CNOOC LTD | SPONSORED ADR | 126132109 |  | 370027 | 2502 | SH |  | SOLE |  | 0 | 0 | 2502 |
| COCA COLA CO | COM | 191216100 |  | 13306837 | 306397 | SH |  | SOLE |  | 0 | 0 | 306397 |
| COLUMBIA SPORTSWEAR CO | COM | 198516106 |  | 1250141 | 16357 | SH |  | SOLE |  | 0 | 0 | 16357 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 17656347 | 516721 | SH |  | SOLE |  | 0 | 0 | 516721 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 262165 | 12814 | SH |  | SOLE |  | 0 | 0 | 12814 |
| COOPER TIRE  RUBR CO | COM | 216831107 |  | 389025 | 13277 | SH |  | SOLE |  | 0 | 0 | 13277 |
| COPART INC | COM | 217204106 |  | 1116997 | 21932 | SH |  | SOLE |  | 0 | 0 | 21932 |
| CREDICORP LTD | COM | G2519Y108 |  | 636616 | 2804 | SH |  | SOLE |  | 0 | 0 | 2804 |
| CUSTOMERS BANCORP INC | COM | 23204G100 |  | 304005 | 10429 | SH |  | SOLE |  | 0 | 0 | 10429 |
| CVS HEALTH CORP | COM | 126650100 |  | 13308850 | 213934 | SH |  | SOLE |  | 0 | 0 | 213934 |
| CYPRESS SEMICONDUCTOR CORP | COM | 232806109 |  | 260328 | 15350 | SH |  | SOLE |  | 0 | 0 | 15350 |
| DANA INCORPORATED | COM | 235825205 |  | 388396 | 15077 | SH |  | SOLE |  | 0 | 0 | 15077 |
| DANAHER CORP DEL | COM | 235851102 |  | 335893 | 3431 | SH |  | SOLE |  | 0 | 0 | 3431 |
| DELEK US HLDGS INC NEW | COM | 24665A103 |  | 378283 | 9294 | SH |  | SOLE |  | 0 | 0 | 9294 |
| DENTSPLY SIRONA INC | COM | 24906P109 |  | 1278882 | 25420 | SH |  | SOLE |  | 0 | 0 | 25420 |
| DONALDSON INC | COM | 257651109 |  | 898987 | 19955 | SH |  | SOLE |  | 0 | 0 | 19955 |
| DOWDUPONT INC | COM | 26078J100 |  | 5574625 | 87500 | SH |  | SOLE |  | 0 | 0 | 87500 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 379219 | 4895 | SH |  | SOLE |  | 0 | 0 | 4895 |
| DXC TECHNOLOGY CO | COM | 23355L106 |  | 296657 | 2951 | SH |  | SOLE |  | 0 | 0 | 2951 |
| EATON CORP PLC | SHS | G29183103 |  | 457246 | 5722 | SH |  | SOLE |  | 0 | 0 | 5722 |
| EL PASO ELEC CO | COM NEW | 283677854 |  | 301188 | 5906 | SH |  | SOLE |  | 0 | 0 | 5906 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 305959 | 3926 | SH |  | SOLE |  | 0 | 0 | 3926 |
| EMERSON ELEC CO | COM | 291011104 |  | 239050 | 3500 | SH |  | SOLE |  | 0 | 0 | 3500 |
| ENBRIDGE INC | COM | 29250N105 |  | 259920 | 8259 | SH |  | SOLE |  | 0 | 0 | 8259 |
| EOG RES INC | COM | 26875P101 |  | 278106 | 2642 | SH |  | SOLE |  | 0 | 0 | 2642 |
| EPAM SYS INC | COM | 29414B104 |  | 211404 | 1846 | SH |  | SOLE |  | 0 | 0 | 1846 |
| EVERCORE INC | CLASS A | 29977A105 |  | 478013 | 5482 | SH |  | SOLE |  | 0 | 0 | 5482 |
| EVERTEC INC | COM | 30040P103 |  | 225221 | 13775 | SH |  | SOLE |  | 0 | 0 | 13775 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 14343879 | 192251 | SH |  | SOLE |  | 0 | 0 | 192251 |
| FACEBOOK INC | CL A | 30303M102 |  | 48948471 | 306330 | SH |  | SOLE |  | 0 | 0 | 306330 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 1129557 | 5664 | SH |  | SOLE |  | 0 | 0 | 5664 |
| FAIR ISAAC CORP | COM | 303250104 |  | 1886612 | 11139 | SH |  | SOLE |  | 0 | 0 | 11139 |
| FEDEX CORP | COM | 31428X106 |  | 16480424 | 68637 | SH |  | SOLE |  | 0 | 0 | 68637 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 400496 | 4159 | SH |  | SOLE |  | 0 | 0 | 4159 |
| FIRST BUSEY CORP | COM NEW | 319383204 |  | 424003 | 14267 | SH |  | SOLE |  | 0 | 0 | 14267 |
| FISERV INC | COM | 337738108 |  | 265986 | 3730 | SH |  | SOLE |  | 0 | 0 | 3730 |
| FLAGSTAR BANCORP INC | COM PAR .001 | 337930705 |  | 495211 | 13989 | SH |  | SOLE |  | 0 | 0 | 13989 |
| FLIR SYS INC | COM | 302445101 |  | 1128736 | 22570 | SH |  | SOLE |  | 0 | 0 | 22570 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 320361 | 3504 | SH |  | SOLE |  | 0 | 0 | 3504 |
| GARTNER INC | COM | 366651107 |  | 1266415 | 10767 | SH |  | SOLE |  | 0 | 0 | 10767 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 31556166 | 142853 | SH |  | SOLE |  | 0 | 0 | 142853 |
| GENERAL MLS INC | COM | 370334104 |  | 285932 | 6346 | SH |  | SOLE |  | 0 | 0 | 6346 |
| GENERAL MTRS CO | COM | 37045V100 |  | 5317551 | 146328 | SH |  | SOLE |  | 0 | 0 | 146328 |
| GIBRALTAR INDS INC | COM | 374689107 |  | 482566 | 14256 | SH |  | SOLE |  | 0 | 0 | 14256 |
| GLAXOSMITHKLINE PLC | SPONSORED ADR | 37733W105 |  | 8868517 | 226990 | SH |  | SOLE |  | 0 | 0 | 226990 |
| GLOBUS MED INC | CL A | 379577208 |  | 232261 | 4662 | SH |  | SOLE |  | 0 | 0 | 4662 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 619376 | 2459 | SH |  | SOLE |  | 0 | 0 | 2459 |
| GRACO INC | COM | 384109104 |  | 921706 | 20160 | SH |  | SOLE |  | 0 | 0 | 20160 |
| HDFC BANK LTD | ADR REPS 3 SHS | 40415F101 |  | 906314 | 9176 | SH |  | SOLE |  | 0 | 0 | 9176 |
| HEARTLAND FINL USA INC | COM | 42234Q102 |  | 505386 | 9527 | SH |  | SOLE |  | 0 | 0 | 9527 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 1702900 | 14079 | SH |  | SOLE |  | 0 | 0 | 14079 |
| HOME DEPOT INC | COM | 437076102 |  | 21438406 | 120278 | SH |  | SOLE |  | 0 | 0 | 120278 |
| HONEYWELL INTL INC | COM | 438516106 |  | 19859462 | 137426 | SH |  | SOLE |  | 0 | 0 | 137426 |
| HSBC HLDGS PLC | ADR A 1/40PF A | 404280604 |  | 1030000 | 40000 | SH |  | SOLE |  | 0 | 0 | 40000 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 354951 | 7446 | SH |  | SOLE |  | 0 | 0 | 7446 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 1781107 | 15204 | SH |  | SOLE |  | 0 | 0 | 15204 |
| IBERIABANK CORP | COM | 450828108 |  | 559650 | 7175 | SH |  | SOLE |  | 0 | 0 | 7175 |
| ICICI BK LTD | ADR | 45104G104 |  | 292324 | 33031 | SH |  | SOLE |  | 0 | 0 | 33031 |
| IDEX CORP | COM | 45167R104 |  | 1723808 | 12096 | SH |  | SOLE |  | 0 | 0 | 12096 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 347504 | 19468 | SH |  | SOLE |  | 0 | 0 | 19468 |
| INGERSOLL-RAND PLC | SHS | G47791101 |  | 210355 | 2460 | SH |  | SOLE |  | 0 | 0 | 2460 |
| INTEL CORP | COM | 458140100 |  | 12765879 | 245121 | SH |  | SOLE |  | 0 | 0 | 245121 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 263103 | 3628 | SH |  | SOLE |  | 0 | 0 | 3628 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 205177 | 497 | SH |  | SOLE |  | 0 | 0 | 497 |
| INVESCO MORTGAGE CAPITAL INC | COM | 46131B100 |  | 613618 | 37461 | SH |  | SOLE |  | 0 | 0 | 37461 |
| ISHARES INC | MSCI JPN ETF NEW | 46434G822 |  | 333740 | 5500 | SH |  | SOLE |  | 0 | 0 | 5500 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 6821672 | 97900 | SH |  | SOLE |  | 0 | 0 | 97900 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 951200 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ISHARES TR | USA QUALITY FCTR | 46432F339 |  | 909810 | 11000 | SH |  | SOLE |  | 0 | 0 | 11000 |
| ITAU UNIBANCO HLDG SA | SPON ADR REP PFD | 465562106 |  | 469128 | 30072 | SH |  | SOLE |  | 0 | 0 | 30072 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 784769 | 6124 | SH |  | SOLE |  | 0 | 0 | 6124 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 365967 | 10385 | SH |  | SOLE |  | 0 | 0 | 10385 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 1206942 | 6911 | SH |  | SOLE |  | 0 | 0 | 6911 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 37992246 | 345479 | SH |  | SOLE |  | 0 | 0 | 345479 |
| KIMBERLY CLARK CORP | COM | 494368103 |  | 235238 | 2136 | SH |  | SOLE |  | 0 | 0 | 2136 |
| KIRBY CORP | COM | 497266106 |  | 1569011 | 20390 | SH |  | SOLE |  | 0 | 0 | 20390 |
| KIRKLANDS INC | COM | 497498105 |  | 99739 | 10293 | SH |  | SOLE |  | 0 | 0 | 10293 |
| KITE RLTY GROUP TR | COM NEW | 49803T300 |  | 236848 | 15551 | SH |  | SOLE |  | 0 | 0 | 15551 |
| KORN FERRY INTL | COM NEW | 500643200 |  | 396314 | 7682 | SH |  | SOLE |  | 0 | 0 | 7682 |
| KRAFT HEINZ CO | COM | 500754106 |  | 6498266 | 104323 | SH |  | SOLE |  | 0 | 0 | 104323 |
| KRATON CORPORATION | COM | 50077C106 |  | 370993 | 7776 | SH |  | SOLE |  | 0 | 0 | 7776 |
| LA Z BOY INC | COM | 505336107 |  | 422160 | 14096 | SH |  | SOLE |  | 0 | 0 | 14096 |
| LANDSTAR SYS INC | COM | 515098101 |  | 1264752 | 11534 | SH |  | SOLE |  | 0 | 0 | 11534 |
| LENNOX INTL INC | COM | 526107107 |  | 1422268 | 6959 | SH |  | SOLE |  | 0 | 0 | 6959 |
| LILLY ELI  CO | COM | 532457108 |  | 10114278 | 130726 | SH |  | SOLE |  | 0 | 0 | 130726 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 |  | 369660 | 99371 | SH |  | SOLE |  | 0 | 0 | 99371 |
| LSC COMMUNICATIONS INC | COM | 50218P107 |  | 315985 | 18108 | SH |  | SOLE |  | 0 | 0 | 18108 |
| M/I HOMES INC | COM | 55305B101 |  | 339521 | 10660 | SH |  | SOLE |  | 0 | 0 | 10660 |
| MAKEMYTRIP LIMITED MAURITIUS | SHS | V5633W109 |  | 352274 | 10152 | SH |  | SOLE |  | 0 | 0 | 10152 |
| MANHATTAN ASSOCS INC | COM | 562750109 |  | 1330318 | 31765 | SH |  | SOLE |  | 0 | 0 | 31765 |
| MARATHON PETE CORP | COM | 56585A102 |  | 5233893 | 71589 | SH |  | SOLE |  | 0 | 0 | 71589 |
| MARKEL CORP | COM | 570535104 |  | 2857751 | 2442 | SH |  | SOLE |  | 0 | 0 | 2442 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 596945 | 3408 | SH |  | SOLE |  | 0 | 0 | 3408 |
| MCDONALDS CORP | COM | 580135101 |  | 20172146 | 128994 | SH |  | SOLE |  | 0 | 0 | 128994 |
| MCKESSON CORP | COM | 58155Q103 |  | 240888 | 1710 | SH |  | SOLE |  | 0 | 0 | 1710 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1112059 | 13862 | SH |  | SOLE |  | 0 | 0 | 13862 |
| MERCK  CO INC | COM | 58933Y105 |  | 359502 | 6600 | SH |  | SOLE |  | 0 | 0 | 6600 |
| MEREDITH CORP | COM | 589433101 |  | 286845 | 5332 | SH |  | SOLE |  | 0 | 0 | 5332 |
| METLIFE INC | COM | 59156R108 |  | 262046 | 5710 | SH |  | SOLE |  | 0 | 0 | 5710 |
| MICROSOFT CORP | COM | 594918104 |  | 17386551 | 190496 | SH |  | SOLE |  | 0 | 0 | 190496 |
| MILACRON HLDGS CORP | COM | 59870L106 |  | 598682 | 29726 | SH |  | SOLE |  | 0 | 0 | 29726 |
| MINERALS TECHNOLOGIES INC | COM | 603158106 |  | 443737 | 6628 | SH |  | SOLE |  | 0 | 0 | 6628 |
| MKS INSTRUMENT INC | COM | 55306N104 |  | 269499 | 2330 | SH |  | SOLE |  | 0 | 0 | 2330 |
| MOMO INC | ADR | 60879B107 |  | 275304 | 7365 | SH |  | SOLE |  | 0 | 0 | 7365 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 10419981 | 249700 | SH |  | SOLE |  | 0 | 0 | 249700 |
| MORNINGSTAR INC | COM | 617700109 |  | 1458536 | 15269 | SH |  | SOLE |  | 0 | 0 | 15269 |
| NASDAQ INC | COM | 631103108 |  | 269474 | 3125 | SH |  | SOLE |  | 0 | 0 | 3125 |
| NETEASE INC | SPONSORED ADR | 64110W102 |  | 678013 | 2418 | SH |  | SOLE |  | 0 | 0 | 2418 |
| NETGEAR INC | COM | 64111Q104 |  | 344859 | 6029 | SH |  | SOLE |  | 0 | 0 | 6029 |
| NIKE INC | CL B | 654106103 |  | 206628 | 3110 | SH |  | SOLE |  | 0 | 0 | 3110 |
| NN INC | COM | 629337106 |  | 426262 | 17761 | SH |  | SOLE |  | 0 | 0 | 17761 |
| NORDSON CORP | COM | 655663102 |  | 1076178 | 7893 | SH |  | SOLE |  | 0 | 0 | 7893 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 386510 | 1107 | SH |  | SOLE |  | 0 | 0 | 1107 |
| NOVARTIS A G | SPONSORED ADR | 66987V109 |  | 471921 | 5837 | SH |  | SOLE |  | 0 | 0 | 5837 |
| OCCIDENTAL PETE CORP DEL | COM | 674599105 |  | 8170457 | 125777 | SH |  | SOLE |  | 0 | 0 | 125777 |
| ORACLE CORP | COM | 68389X105 |  | 13865393 | 303069 | SH |  | SOLE |  | 0 | 0 | 303069 |
| ORANGE | SPONSORED ADR | 684060106 |  | 359175 | 21029 | SH |  | SOLE |  | 0 | 0 | 21029 |
| PEPSICO INC | COM | 713448108 |  | 14155595 | 129689 | SH |  | SOLE |  | 0 | 0 | 129689 |
| PFIZER INC | COM | 717081103 |  | 22646017 | 638096 | SH |  | SOLE |  | 0 | 0 | 638096 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1105622 | 11123 | SH |  | SOLE |  | 0 | 0 | 11123 |
| PLANTRONICS INC NEW | COM | 727493108 |  | 723307 | 11981 | SH |  | SOLE |  | 0 | 0 | 11981 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 445896 | 2948 | SH |  | SOLE |  | 0 | 0 | 2948 |
| POWERSHARES ETF TRUST | S 500 QLTY PRT | 73935X682 |  | 2984000 | 100000 | SH |  | SOLE |  | 0 | 0 | 100000 |
| POWERSHARES QQQ TRUST | UNIT SER 1 | 73935A104 |  | 640520 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| PPG INDS INC | COM | 693506107 |  | 617758 | 5535 | SH |  | SOLE |  | 0 | 0 | 5535 |
| PREFERRED BK LOS ANGELES CA | COM NEW | 740367404 |  | 558219 | 8695 | SH |  | SOLE |  | 0 | 0 | 8695 |
| PROPETRO HLDG CORP | COM | 74347M108 |  | 346354 | 21797 | SH |  | SOLE |  | 0 | 0 | 21797 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 759229 | 14849 | SH |  | SOLE |  | 0 | 0 | 14849 |
| QUAD / GRAPHICS INC | COM CL A | 747301109 |  | 301944 | 11911 | SH |  | SOLE |  | 0 | 0 | 11911 |
| RADIAN GROUP INC | COM | 750236101 |  | 562416 | 29539 | SH |  | SOLE |  | 0 | 0 | 29539 |
| RADWARE LTD | ORD | M81873107 |  | 527260 | 24696 | SH |  | SOLE |  | 0 | 0 | 24696 |
| RANDGOLD RES LTD | ADR | 752344309 |  | 249886 | 3002 | SH |  | SOLE |  | 0 | 0 | 3002 |
| REGAL BELOIT CORP | COM | 758750103 |  | 310341 | 4231 | SH |  | SOLE |  | 0 | 0 | 4231 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 236976 | 11344 | SH |  | SOLE |  | 0 | 0 | 11344 |
| RENASANT CORP | COM | 75970E107 |  | 590017 | 13863 | SH |  | SOLE |  | 0 | 0 | 13863 |
| RLJ LODGING TR | COM | 74965L101 |  | 318072 | 16362 | SH |  | SOLE |  | 0 | 0 | 16362 |
| ROYAL DUTCH SHELL PLC | SPONS ADR A | 780259206 |  | 937055 | 14685 | SH |  | SOLE |  | 0 | 0 | 14685 |
| RPM INTL INC | COM | 749685103 |  | 753960 | 15816 | SH |  | SOLE |  | 0 | 0 | 15816 |
| RYANAIR HLDGS PLC | SPONSORED ADR NE | 783513203 |  | 503317 | 4097 | SH |  | SOLE |  | 0 | 0 | 4097 |
| RYB ED INC | ADR | 74979W101 |  | 174380 | 10467 | SH |  | SOLE |  | 0 | 0 | 10467 |
| SALESFORCE COM INC | COM | 79466L302 |  | 28458843 | 244702 | SH |  | SOLE |  | 0 | 0 | 244702 |
| SALLY BEAUTY HLDGS INC | COM | 79546E104 |  | 967671 | 58825 | SH |  | SOLE |  | 0 | 0 | 58825 |
| SAP SE | SPON ADR | 803054204 |  | 945494 | 8991 | SH |  | SOLE |  | 0 | 0 | 8991 |
| SASOL LTD | SPONSORED ADR | 803866300 |  | 305177 | 8968 | SH |  | SOLE |  | 0 | 0 | 8968 |
| SCHEIN HENRY INC | COM | 806407102 |  | 632379 | 9409 | SH |  | SOLE |  | 0 | 0 | 9409 |
| SCHLUMBERGER LTD | COM | 806857108 |  | 1016030 | 15684 | SH |  | SOLE |  | 0 | 0 | 15684 |
| SCHWAB CHARLES CORP NEW | COM | 808513105 |  | 250447 | 4796 | SH |  | SOLE |  | 0 | 0 | 4796 |
| SCORPIO TANKERS INC | SHS | Y7542C106 |  | 170636 | 87059 | SH |  | SOLE |  | 0 | 0 | 87059 |
| SEI INVESTMENTS CO | COM | 784117103 |  | 2485522 | 33180 | SH |  | SOLE |  | 0 | 0 | 33180 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 2022300 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| SERVICEMASTER GLOBAL HLDGS I | COM | 81761R109 |  | 1287166 | 25313 | SH |  | SOLE |  | 0 | 0 | 25313 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 219587 | 560 | SH |  | SOLE |  | 0 | 0 | 560 |
| SHIRE PLC | SPONSORED ADR | 82481R106 |  | 486780 | 3258 | SH |  | SOLE |  | 0 | 0 | 3258 |
| SMITH  NEPHEW PLC | SPDN ADR NEW | 83175M205 |  | 382154 | 10017 | SH |  | SOLE |  | 0 | 0 | 10017 |
| SONY CORP | SPONSORED ADR | 835699307 |  | 215431 | 4457 | SH |  | SOLE |  | 0 | 0 | 4457 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 629764 | 11624 | SH |  | SOLE |  | 0 | 0 | 11624 |
| SP PLUS CORP | COM | 78469C103 |  | 324174 | 9106 | SH |  | SOLE |  | 0 | 0 | 9106 |
| SPDR DOW JONES INDL AVRG ETF | UT SER 1 | 78467X109 |  | 2896800 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 8131335 | 30900 | SH |  | SOLE |  | 0 | 0 | 30900 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 25681010 | 75150 | SH |  | SOLE |  | 0 | 0 | 75150 |
| SPIRE INC | COM | 84857L101 |  | 475743 | 6580 | SH |  | SOLE |  | 0 | 0 | 6580 |
| STAG INDL INC | COM | 85254J102 |  | 391192 | 16354 | SH |  | SOLE |  | 0 | 0 | 16354 |
| STARBUCKS CORP | COM | 855244109 |  | 19387362 | 334900 | SH |  | SOLE |  | 0 | 0 | 334900 |
| STATE STR CORP | COM | 857477103 |  | 265429 | 2661 | SH |  | SOLE |  | 0 | 0 | 2661 |
| STATOIL ASA | SPONSORED ADR | 85771P102 |  | 278479 | 11775 | SH |  | SOLE |  | 0 | 0 | 11775 |
| STERLING BANCORP DEL | COM | 85917A100 |  | 576089 | 25547 | SH |  | SOLE |  | 0 | 0 | 25547 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 1007206 | 118494 | SH |  | SOLE |  | 0 | 0 | 118494 |
| SUMMIT HOTEL PPTYS INC | COM | 866082100 |  | 404293 | 29706 | SH |  | SOLE |  | 0 | 0 | 29706 |
| SUNCOKE ENERGY INC | COM | 86722A103 |  | 482166 | 44811 | SH |  | SOLE |  | 0 | 0 | 44811 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 348812 | 10099 | SH |  | SOLE |  | 0 | 0 | 10099 |
| SUPERIOR ENERGY SVCS INC | COM | 868157108 |  | 336821 | 39955 | SH |  | SOLE |  | 0 | 0 | 39955 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADR | 874039100 |  | 1819322 | 41575 | SH |  | SOLE |  | 0 | 0 | 41575 |
| TATA MTRS LTD | SPONSORED ADR | 876568502 |  | 428008 | 16654 | SH |  | SOLE |  | 0 | 0 | 16654 |
| TE CONNECTIVITY LTD | REG SHS | H84989104 |  | 203996 | 2042 | SH |  | SOLE |  | 0 | 0 | 2042 |
| TELEFLEX INC | COM | 879369106 |  | 2563898 | 10055 | SH |  | SOLE |  | 0 | 0 | 10055 |
| TEXAS INSTRS INC | COM | 882508104 |  | 758774 | 7304 | SH |  | SOLE |  | 0 | 0 | 7304 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 17347610 | 84024 | SH |  | SOLE |  | 0 | 0 | 84024 |
| TIVITY HEALTH INC | COM | 88870R102 |  | 409703 | 10333 | SH |  | SOLE |  | 0 | 0 | 10333 |
| TIVO CORP | COM | 88870P106 |  | 473431 | 34940 | SH |  | SOLE |  | 0 | 0 | 34940 |
| TRANSUNION | COM | 89400J107 |  | 2270064 | 39980 | SH |  | SOLE |  | 0 | 0 | 39980 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 414808 | 2987 | SH |  | SOLE |  | 0 | 0 | 2987 |
| TRIMBLE INC | COM | 896239100 |  | 932701 | 25995 | SH |  | SOLE |  | 0 | 0 | 25995 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 442707 | 28954 | SH |  | SOLE |  | 0 | 0 | 28954 |
| TUTOR PERINI CORP | COM | 901109108 |  | 312647 | 14179 | SH |  | SOLE |  | 0 | 0 | 14179 |
| ULTRAPAR PARTICIPACOES S A | SP ADR REP COM | 90400P101 |  | 240909 | 11143 | SH |  | SOLE |  | 0 | 0 | 11143 |
| UMPQUA HLDGS CORP | COM | 904214103 |  | 956955 | 44697 | SH |  | SOLE |  | 0 | 0 | 44697 |
| UNILEVER N V | N Y SHS NEW | 904784709 |  | 315785 | 5600 | SH |  | SOLE |  | 0 | 0 | 5600 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 560745 | 10093 | SH |  | SOLE |  | 0 | 0 | 10093 |
| UNION PAC CORP | COM | 907818108 |  | 29651122 | 220569 | SH |  | SOLE |  | 0 | 0 | 220569 |
| UNITED TECHNOLOGIES CORP | COM | 913017109 |  | 31465556 | 250084 | SH |  | SOLE |  | 0 | 0 | 250084 |
| US BANCORP DEL | COM NEW | 902973304 |  | 515530 | 10209 | SH |  | SOLE |  | 0 | 0 | 10209 |
| VANGUARD GROUP | DIV APP ETF | 921908844 |  | 2727137 | 26988 | SH |  | SOLE |  | 0 | 0 | 26988 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 14412534 | 265082 | SH |  | SOLE |  | 0 | 0 | 265082 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 21764219 | 463266 | SH |  | SOLE |  | 0 | 0 | 463266 |
| VARIAN MED SYS INC | COM | 92220P105 |  | 673716 | 5493 | SH |  | SOLE |  | 0 | 0 | 5493 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 12303282 | 257283 | SH |  | SOLE |  | 0 | 0 | 257283 |
| VIPSHOP HLDGS LTD | SPONSORED ADR | 92763W103 |  | 365225 | 21975 | SH |  | SOLE |  | 0 | 0 | 21975 |
| VONAGE HLDGS CORP | COM | 92886T201 |  | 366413 | 34405 | SH |  | SOLE |  | 0 | 0 | 34405 |
| W R BERKLEY CORPORATION | COM | 084423102 |  | 1680859 | 23120 | SH |  | SOLE |  | 0 | 0 | 23120 |
| WALMART INC | COM | 931142103 |  | 7757743 | 87195 | SH |  | SOLE |  | 0 | 0 | 87195 |
| WASHINGTON REAL ESTATE INVT | SH BEN INT | 939653101 |  | 338290 | 12392 | SH |  | SOLE |  | 0 | 0 | 12392 |
| WEBSTER FINL CORP CONN | COM | 947890109 |  | 520426 | 9394 | SH |  | SOLE |  | 0 | 0 | 9394 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 519033 | 9903 | SH |  | SOLE |  | 0 | 0 | 9903 |
| WESTAMERICA BANCORPORATION | COM | 957090103 |  | 611998 | 10537 | SH |  | SOLE |  | 0 | 0 | 10537 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 381202 | 6560 | SH |  | SOLE |  | 0 | 0 | 6560 |
| WEX INC | COM | 96208T104 |  | 1960413 | 12517 | SH |  | SOLE |  | 0 | 0 | 12517 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 559626 | 6504 | SH |  | SOLE |  | 0 | 0 | 6504 |
| WISDOMTREE TR | JAPN HEDGE EQT | 97717W851 |  | 7281300 | 130000 | SH |  | SOLE |  | 0 | 0 | 130000 |
| WPX ENERGY INC | COM | 98212B103 |  | 279298 | 18897 | SH |  | SOLE |  | 0 | 0 | 18897 |
| WSFS FINL CORP | COM | 929328102 |  | 363939 | 7598 | SH |  | SOLE |  | 0 | 0 | 7598 |
| XCEL ENERGY INC | COM | 98389B100 |  | 257628 | 5665 | SH |  | SOLE |  | 0 | 0 | 5665 |
| ZOETIS INC | CL A | 98978V103 |  | 218212 | 2613 | SH |  | SOLE |  | 0 | 0 | 2613 |
| ZTO EXPRESS CAYMAN INC | SPONSORED ADR | 98980A105 |  | 351261 | 23433 | SH |  | SOLE |  | 0 | 0 | 23433 |

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