# EDGAR Filing Document

**Accession Number:** 0001071483
**File Stem:** 0000909012-23-000017
**Filing Date:** 2023-2
**Character Count:** 31802
**Document Hash:** 2b28275b08312df2646af53939b72d7a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000909012-23-000017.hdr.sgml**: 20230202

**ACCESSION NUMBER**: 0000909012-23-000017

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230202

**DATE AS OF CHANGE**: 20230202

**EFFECTIVENESS DATE**: 20230202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TODD ASSET MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001071483
- **IRS NUMBER:** 611350302
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04171
- **FILM NUMBER:** 23579647

**BUSINESS ADDRESS:**
- **STREET 1:** 101 S. 5TH STREET
- **STREET 2:** SUITE 3100
- **CITY:** LOUISVILLE
- **STATE:** KY
- **ZIP:** 40202
- **BUSINESS PHONE:** 5025853121

**MAIL ADDRESS:**
- **STREET 1:** 101 S. 5TH STREET
- **STREET 2:** SUITE 3100
- **CITY:** LOUISVILLE
- **STATE:** KY
- **ZIP:** 40202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TODD VEREDUS ASSET MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 20090504

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VEREDUS ASSET MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 19990503

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** TODD ASSET MANAGEMENT LLC<br>**Address:** 101 S. 5TH STREET<br>SUITE 3100<br>LOUISVILLE, KY 40202

**Form 13F File Number:** 028-04171

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:** James R. Jenkins<br>**Title:** Chief Compliance Officer<br>**Phone:** 502 585 3121

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

/s/ JAMES R. JENKINS  Louisville, KY  01-31-2023<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:** 279

**Form 13F Information Table Value Total:** $4116657567

      (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 |
| 3M CO | CS | 88579y101 |  | 462052 | 3853 | SH |  | SOLE | 0 | 3053 | 0 | 800 |
| ABBVIE | CS | 00287y109 |  | 50001326 | 309395 | SH |  | SOLE | 0 | 39434 | 0 | 269961 |
| ADIDAS AG SPON ADR | CS | 00687a107 |  | 2980560 | 44000 | SH |  | SOLE | 0 | 0 | 0 | 44000 |
| AERCAP HOLDINGS NV | CS | n00985106 |  | 23556731 | 403922 | SH |  | SOLE | 0 | 148062 | 0 | 255860 |
| AERCAP HOLDINGS NV | CS | n00985106 |  | 4826854 | 82765 | SH |  | DFND | 0 | 82546 | 0 | 219 |
| AKAMAI TECHNOLGIES | CS | 00971t101 |  | 20366880 | 241600 | SH |  | SOLE | 0 | 15773 | 0 | 225827 |
| ALIBABA GROUP HOLDING | CS | 01609w102 |  | 8229279 | 93419 | SH |  | SOLE | 0 | 33129 | 0 | 60290 |
| ALIBABA GROUP HOLDING | CS | 01609w102 |  | 1876139 | 21298 | SH |  | DFND | 0 | 21243 | 0 | 55 |
| ALKERMES INC | CS | g01767105 |  | 333758 | 12773 | SH |  | SOLE | 0 | 12773 | 0 | 0 |
| ALLIANZ SE | CS | 018820100 |  | 986936 | 46011 | SH |  | SOLE | 0 | 46011 | 0 | 0 |
| ALPHABET INC | CS | 02079k305 |  | 21732284 | 246314 | SH |  | SOLE | 0 | 26049 | 0 | 220265 |
| ALTRIA GROUP INC COM | CS | 02209s103 |  | 31844831 | 696671 | SH |  | SOLE | 0 | 74740 | 0 | 621931 |
| AMDOCS LTD | CS | g02602103 |  | 31189608 | 343120 | SH |  | SOLE | 0 | 125270 | 0 | 217850 |
| AMDOCS LTD | CS | g02602103 |  | 6208105 | 68296 | SH |  | DFND | 0 | 68115 | 0 | 181 |
| AMERICA MOVIL S A DE C V | CS | 02364w105 |  | 12639737 | 694491 | SH |  | SOLE | 0 | 249491 | 0 | 445000 |
| AMERICA MOVIL S A DE C V | CS | 02364w105 |  | 2141721 | 117677 | SH |  | DFND | 0 | 117310 | 0 | 367 |
| AMERICAN EXPRESS CO | CS | 025816109 |  | 30111598 | 203801 | SH |  | SOLE | 0 | 18936 | 0 | 184865 |
| AMERIPRISE FINANCIAL INC | CS | 03076c106 |  | 45279425 | 145420 | SH |  | SOLE | 0 | 14037 | 0 | 131383 |
| AMGEN INC | CS | 031162100 |  | 36072816 | 137347 | SH |  | SOLE | 0 | 13433 | 0 | 123914 |
| ANGLO AMERICAN PLC ADR | CS | 03485p300 |  | 11196726 | 570977 | SH |  | SOLE | 0 | 209097 | 0 | 361880 |
| ANGLO AMERICAN PLC ADR | CS | 03485p300 |  | 2096916 | 107722 | SH |  | DFND | 0 | 107415 | 0 | 307 |
| AON CORP. | CS | g0403h108 |  | 14494961 | 48294 | SH |  | SOLE | 0 | 17387 | 0 | 30907 |
| AON CORP. | CS | g0403h108 |  | 2881343 | 9600 | SH |  | DFND | 0 | 9572 | 0 | 28 |
| AP MOLLER MAERSK | CS | 00202f102 |  | 2828001 | 252050 | SH |  | SOLE | 0 | 0 | 0 | 252050 |
| APPLE COMPUTER INC | CS | 037833100 |  | 21653894 | 166658 | SH |  | SOLE | 0 | 21620 | 0 | 145038 |
| APTIV PLC ORDINARY | CS | g6095l109 |  | 207587 | 2229 | SH |  | SOLE | 0 | 0 | 0 | 2229 |
| ASHLAND GLOBAL HOLDINGS INC | CS | 044186104 |  | 233770 | 2174 | SH |  | SOLE | 0 | 2174 | 0 | 0 |
| ASHTEAD GROUP PLC UNSP | CS | 045055100 |  | 19320152 | 85415 | SH |  | SOLE | 0 | 31855 | 0 | 53560 |
| ASHTEAD GROUP PLC UNSP | CS | 045055100 |  | 3799761 | 16731 | SH |  | DFND | 0 | 16684 | 0 | 47 |
| ASTRAZENECA PLC-SPONS ADR | CS | 046353108 |  | 22999116 | 339220 | SH |  | SOLE | 0 | 121030 | 0 | 218190 |
| ASTRAZENECA PLC-SPONS ADR | CS | 046353108 |  | 4643282 | 68485 | SH |  | DFND | 0 | 68304 | 0 | 181 |
| AUTOZONE INC | CS | 053332102 |  | 68180012 | 27646 | SH |  | SOLE | 0 | 1955 | 0 | 25691 |
| AVERY DENNINSON | CS | 053611109 |  | 18078461 | 99881 | SH |  | SOLE | 0 | 9387 | 0 | 90494 |
| AXA- SPONS ADR | CS | 054536107 |  | 24503827 | 879222 | SH |  | SOLE | 0 | 322132 | 0 | 557090 |
| AXA- SPONS ADR | CS | 054536107 |  | 4760780 | 171208 | SH |  | DFND | 0 | 170741 | 0 | 467 |
| B A S F A G | CS | 055262505 |  | 8019293 | 651335 | SH |  | SOLE | 0 | 256725 | 0 | 394610 |
| B A S F A G | CS | 055262505 |  | 1402153 | 113287 | SH |  | DFND | 0 | 112954 | 0 | 333 |
| BAE SYSTEMS PLC ADR | CS | 05523r107 |  | 8309567 | 197172 | SH |  | SOLE | 0 | 93172 | 0 | 104000 |
| BAE SYSTEMS PLC ADR | CS | 05523r107 |  | 1309119 | 31784 | SH |  | DFND | 0 | 31701 | 0 | 83 |
| BAIDU INC | CS | 056752108 |  | 13515599 | 118164 | SH |  | SOLE | 0 | 41554 | 0 | 76610 |
| BAIDU INC | CS | 056752108 |  | 2693076 | 23545 | SH |  | DFND | 0 | 23483 | 0 | 62 |
| BANCO SANTANDER SA ADS | CS | 05964h105 |  | 18980038 | 6433911 | SH |  | SOLE | 0 | 2330151 | 0 | 4103760 |
| BANCO SANTANDER SA ADS | CS | 05964h105 |  | 3412659 | 1156834 | SH |  | DFND | 0 | 1153573 | 0 | 3261 |
| BANK NOVA SCOTIA HALIFAX | CS | 064149107 |  | 529915 | 10819 | SH |  | SOLE | 0 | 10819 | 0 | 0 |
| BANK OF AMERICA CORPORATION | CS | 060505104 |  | 27064935 | 817178 | SH |  | SOLE | 0 | 85086 | 0 | 732092 |
| BANK OF MONTREAL | CS | 063671101 |  | 27111326 | 299242 | SH |  | SOLE | 0 | 110882 | 0 | 188360 |
| BANK OF MONTREAL | CS | 063671101 |  | 5249000 | 57936 | SH |  | DFND | 0 | 57763 | 0 | 173 |
| BARCLAYS ADR | CS | 06738e204 |  | 17806214 | 2282848 | SH |  | SOLE | 0 | 824248 | 0 | 1458600 |
| BARCLAYS ADR | CS | 06738e204 |  | 3040041 | 389749 | SH |  | DFND | 0 | 388568 | 0 | 1181 |
| BEST BUY INC COM | CS | 086516101 |  | 20378714 | 254067 | SH |  | SOLE | 0 | 16732 | 0 | 237335 |
| BHP BILLITON LTD SPONSORED ADR | CS | 088606108 |  | 3183165 | 51300 | SH |  | SOLE | 0 | 0 | 0 | 51300 |
| BLACKROCK INC | CS | 09247x101 |  | 374157 | 528 | SH |  | SOLE | 0 | 318 | 0 | 210 |
| BNP PARIBAS PA ADR | CS | 05565a202 |  | 24479453 | 859836 | SH |  | SOLE | 0 | 309366 | 0 | 550470 |
| BNP PARIBAS PA ADR | CS | 05565a202 |  | 4756468 | 167387 | SH |  | DFND | 0 | 166936 | 0 | 451 |
| BP PLC | CS | 055622104 |  | 30583800 | 875574 | SH |  | SOLE | 0 | 292524 | 0 | 583050 |
| BP PLC | CS | 055622104 |  | 5531549 | 158361 | SH |  | DFND | 0 | 157939 | 0 | 422 |
| BRISTOL MYERS SQUIBB CO | CS | 110122108 |  | 40911993 | 568617 | SH |  | SOLE | 0 | 53734 | 0 | 514883 |
| BRITISH AMERN TOB PLC ADR | CS | 110448107 |  | 19689670 | 492488 | SH |  | SOLE | 0 | 73668 | 0 | 418820 |
| BRITISH AMERN TOB PLC ADR | CS | 110448107 |  | 4294811 | 107424 | SH |  | DFND | 0 | 107133 | 0 | 291 |
| BROADCOM LTD | CS | 11135f101 |  | 45494731 | 81367 | SH |  | SOLE | 0 | 10046 | 0 | 71321 |
| BROWN FORMAN CL B | CS | 115637209 |  | 215365 | 3279 | SH |  | SOLE | 0 | 937 | 0 | 2342 |
| CANADIAN NATL RY CO | CS | 136375102 |  | 18673314 | 157077 | SH |  | SOLE | 0 | 57697 | 0 | 99380 |
| CANADIAN NATL RY CO | CS | 136375102 |  | 3719279 | 31286 | SH |  | DFND | 0 | 31204 | 0 | 82 |
| CAPGEMINI SE | CS | 13961r100 |  | 25426952 | 762658 | SH |  | SOLE | 0 | 274828 | 0 | 487830 |
| CAPGEMINI SE | CS | 13961r100 |  | 4711241 | 141534 | SH |  | DFND | 0 | 141144 | 0 | 390 |
| CAPITAL ONE FINANCIAL CORP | CS | 14040h105 |  | 17823686 | 191735 | SH |  | SOLE | 0 | 935 | 0 | 190800 |
| CAPRI HOLDINGS LTD | CS | g1890l107 |  | 29706090 | 518250 | SH |  | SOLE | 0 | 30251 | 0 | 487999 |
| CAREFOUR SA SPON ADR | CS | 144430204 |  | 2903863 | 877300 | SH |  | SOLE | 0 | 0 | 0 | 877300 |
| CHEVRON CORP NEW COM | CS | 166764100 |  | 65697109 | 366021 | SH |  | SOLE | 0 | 30468 | 0 | 335553 |
| CHUGAI PHARMA UNSUP ADR | CS | 171269103 |  | 3046235 | 240429 | SH |  | SOLE | 0 | 33529 | 0 | 206900 |
| CISCO SYS INC COM | CS | 17275r102 |  | 315663 | 6626 | SH |  | SOLE | 0 | 336 | 0 | 6290 |
| CITIZENS FINANCIAL GROUP INC | CS | 174610105 |  | 39301575 | 998262 | SH |  | SOLE | 0 | 116798 | 0 | 881464 |
| COMPAGNIE DE SAINT GOB | CS | 204280309 |  | 14673289 | 1503414 | SH |  | SOLE | 0 | 553334 | 0 | 950080 |
| COMPAGNIE DE SAINT GOB | CS | 204280309 |  | 2627157 | 269618 | SH |  | DFND | 0 | 268843 | 0 | 775 |
| CONOCOPHILLIPS | CS | 20825c104 |  | 65509234 | 555163 | SH |  | SOLE | 0 | 38774 | 0 | 516389 |
| CRH PLC ADR | CS | 12626k203 |  | 23679586 | 595114 | SH |  | SOLE | 0 | 216204 | 0 | 378910 |
| CRH PLC ADR | CS | 12626k203 |  | 4582931 | 115178 | SH |  | DFND | 0 | 114867 | 0 | 311 |
| CUMMINS INC. | CS | 231021106 |  | 26923749 | 111122 | SH |  | SOLE | 0 | 7380 | 0 | 103742 |
| CVS CAREMARK CORPORATION COM | CS | 126650100 |  | 30240155 | 324500 | SH |  | SOLE | 0 | 21455 | 0 | 303045 |
| DAIWA HOUSE INDUSTRY | CS | 234062206 |  | 6211537 | 269715 | SH |  | SOLE | 0 | 97065 | 0 | 172650 |
| DAIWA HOUSE INDUSTRY | CS | 234062206 |  | 1232234 | 53501 | SH |  | DFND | 0 | 53359 | 0 | 142 |
| DBS GROUP HOLDINGS LTD | CS | 23304y100 |  | 29972985 | 295680 | SH |  | SOLE | 0 | 108300 | 0 | 187380 |
| DBS GROUP HOLDINGS LTD | CS | 23304y100 |  | 5873018 | 58055 | SH |  | DFND | 0 | 57895 | 0 | 160 |
| DELL TECHNOLOGIES INC | CS | 24703l202 |  | 34414686 | 855661 | SH |  | SOLE | 0 | 56410 | 0 | 799251 |
| DEVON ENERGY CORP | CS | 25179m103 |  | 17438185 | 280655 | SH |  | SOLE | 0 | 1365 | 0 | 279290 |
| DIAMONDBACK ENERGY INC | CS | 25278x109 |  | 19316060 | 140353 | SH |  | SOLE | 0 | 433 | 0 | 139920 |
| DIGITAL REALTY TRUST INC | CS | 253868103 |  | 5971680 | 59556 | SH |  | SOLE | 0 | 5593 | 0 | 53963 |
| EAST WEST BANCORP | CS | 27579r104 |  | 32453048 | 492459 | SH |  | SOLE | 0 | 32541 | 0 | 459918 |
| EASTMAN CHEMICAL CO | CS | 277432100 |  | 22786912 | 279800 | SH |  | SOLE | 0 | 25449 | 0 | 254351 |
| EATON VANCE MUNICIPAL BD | CS | 27827x101 |  | 237193 | 22829 | SH |  | SOLE | 0 | 22829 | 0 | 0 |
| EBAY INC | CS | 278642103 |  | 20491032 | 494117 | SH |  | SOLE | 0 | 2397 | 0 | 491720 |
| ELECTROLUX | CS | 010198208 |  | 331528 | 12135 | SH |  | SOLE | 0 | 12135 | 0 | 0 |
| ELEVANCE HEALTH INC | CS | 036752103 |  | 57971253 | 113011 | SH |  | SOLE | 0 | 6927 | 0 | 106084 |
| ELI LILLY  CO | CS | 532457108 |  | 214016 | 585 | SH |  | SOLE | 0 | 0 | 0 | 585 |
| EMERSON ELEC CO COM | CS | 291011104 |  | 280303 | 2918 | SH |  | SOLE | 0 | 0 | 0 | 2918 |
| EQUINOR ASA | CS | 29446m102 |  | 77887072 | 2175009 | SH |  | SOLE | 0 | 450143 | 0 | 1724866 |
| EQUINOR ASA | CS | 29446m102 |  | 6331959 | 176821 | SH |  | DFND | 0 | 176348 | 0 | 473 |
| EXPEDITORS INTL | CS | 302130109 |  | 20916706 | 201277 | SH |  | SOLE | 0 | 977 | 0 | 200300 |
| EXXON MOBIL | CS | 30231g102 |  | 2401010 | 21768 | SH |  | SOLE | 0 | 17400 | 0 | 4368 |
| F5 NETWORKS | CS | 315616102 |  | 13553658 | 94444 | SH |  | SOLE | 0 | 9796 | 0 | 84648 |
| FIFTH THIRD BANCORP | CS | 316773100 |  | 33204048 | 1012010 | SH |  | SOLE | 0 | 90685 | 0 | 921325 |
| FORTESCUE METAL GROUP | CS | 34959a206 |  | 3429240 | 123000 | SH |  | SOLE | 0 | 0 | 0 | 123000 |
| FUJIFILM HOLDINGS CORP | CS | 35958n107 |  | 9106626 | 181877 | SH |  | SOLE | 0 | 66947 | 0 | 114930 |
| FUJIFILM HOLDINGS CORP | CS | 35958n107 |  | 1805249 | 35954 | SH |  | DFND | 0 | 35852 | 0 | 102 |
| FUJITSU LIMITED ADR | CS | 359590304 |  | 18047310 | 677704 | SH |  | SOLE | 0 | 206134 | 0 | 471570 |
| FUJITSU LIMITED ADR | CS | 359590304 |  | 3175470 | 118927 | SH |  | DFND | 0 | 118616 | 0 | 311 |
| GENERAL MILLS | CS | 370334104 |  | 2466699 | 29418 | SH |  | SOLE | 0 | 24610 | 0 | 4808 |
| GERDAU SA SP ADR REP PFD | CS | 373737105 |  | 2907392 | 524800 | SH |  | SOLE | 0 | 0 | 0 | 524800 |
| GILDAN ACTIVEWEAR INC | CS | 375916103 |  | 2268720 | 82800 | SH |  | SOLE | 0 | 0 | 0 | 82800 |
| GILEAD SCIENCES INC | CS | 375558103 |  | 1249375 | 14553 | SH |  | SOLE | 0 | 14553 | 0 | 0 |
| HCA HEALTHCARE INC | CS | 40412c101 |  | 23086072 | 96208 | SH |  | SOLE | 0 | 298 | 0 | 95910 |
| HDFC BANK LTD | CS | 40415f101 |  | 26072898 | 381127 | SH |  | SOLE | 0 | 138107 | 0 | 243020 |
| HDFC BANK LTD | CS | 40415f101 |  | 5116315 | 74789 | SH |  | DFND | 0 | 74588 | 0 | 201 |
| HENRY SCHEIN | CS | 806407102 |  | 229227 | 2870 | SH |  | SOLE | 0 | 0 | 0 | 2870 |
| HESS CORP | CS | 42809h107 |  | 22333105 | 157475 | SH |  | SOLE | 0 | 485 | 0 | 156990 |
| HOME DEPOT | CS | 437076102 |  | 47749188 | 151172 | SH |  | SOLE | 0 | 8809 | 0 | 142363 |
| HONDA MOTOR LTD AMERN SHS | CS | 438128308 |  | 11904231 | 520745 | SH |  | SOLE | 0 | 34250 | 0 | 486495 |
| HONDA MOTOR LTD AMERN SHS | CS | 438128308 |  | 365 | 16 | SH |  | DFND | 0 | 16 | 0 | 0 |
| HP INC | CS | 40434l105 |  | 19175077 | 713624 | SH |  | SOLE | 0 | 3474 | 0 | 710150 |
| HUMANA INC | CS | 444859102 |  | 233046 | 455 | SH |  | SOLE | 0 | 0 | 0 | 455 |
| HUNTINGTON BANCSHARES INC | CS | 446150104 |  | 384733 | 27286 | SH |  | SOLE | 0 | 27286 | 0 | 0 |
| ICON PLC - AMERICAN DEPOSITARY | CS | g4705a100 |  | 22745121 | 117092 | SH |  | SOLE | 0 | 42792 | 0 | 74300 |
| ICON PLC - AMERICAN DEPOSITARY | CS | g4705a100 |  | 4349645 | 22392 | SH |  | DFND | 0 | 22329 | 0 | 63 |
| ILLINOIS TOOL WKS INC COM | CS | 452308109 |  | 728092 | 3305 | SH |  | SOLE | 0 | 2700 | 0 | 605 |
| IMPERIAL OIL LTD CL A | CS | 453038408 |  | 1803380 | 37000 | SH |  | SOLE | 0 | 0 | 0 | 37000 |
| ING GROUP N V | CS | 456837103 |  | 24023446 | 1973989 | SH |  | SOLE | 0 | 727819 | 0 | 1246170 |
| ING GROUP N V | CS | 456837103 |  | 4747930 | 390134 | SH |  | DFND | 0 | 389063 | 0 | 1071 |
| INTL. BUSINESS MACHS CO | CS | 459200101 |  | 934523 | 6633 | SH |  | SOLE | 0 | 6633 | 0 | 0 |
| IQVIA HOLDINGS INC | CS | 46266c105 |  | 18127643 | 88475 | SH |  | SOLE | 0 | 10358 | 0 | 78117 |
| ISHARES BARCLAYS TIPS BOND FUN | BF | 464287176 |  | 219266 | 2060 | SH |  | SOLE | 0 | 2060 | 0 | 0 |
| ISHARES CORE TOTAL US BOND MAR | ETF | 464287226 |  | 337525 | 3480 | SH |  | SOLE | 0 | 3480 | 0 | 0 |
| ISHARES MSCI ACWI EX US ETF | ETF | 464288240 |  | 9915451 | 217922 | SH |  | DFND | 0 | 217922 | 0 | 0 |
| ISHARES NATIONAL MUNI BOND ETF | BF | 464288414 |  | 648948 | 6150 | SH |  | SOLE | 0 | 0 | 0 | 6150 |
| ITAU UNIBANCO HOLDINGS SA | CS | 465562106 |  | 20311475 | 4312415 | SH |  | SOLE | 0 | 1577675 | 0 | 2734740 |
| ITAU UNIBANCO HOLDINGS SA | CS | 465562106 |  | 3914809 | 831170 | SH |  | DFND | 0 | 828845 | 0 | 2325 |
| ITOCHU CORPORATION | CS | 465717106 |  | 28443638 | 455094 | SH |  | SOLE | 0 | 166624 | 0 | 288470 |
| ITOCHU CORPORATION | CS | 465717106 |  | 5631199 | 89606 | SH |  | DFND | 0 | 89370 | 0 | 236 |
| J P MORGAN CHASE  CO | CS | 46625h100 |  | 1779641 | 13271 | SH |  | SOLE | 0 | 8924 | 0 | 4347 |
| JABIL INC | CS | 466313103 |  | 16839058 | 246907 | SH |  | SOLE | 0 | 16325 | 0 | 230582 |
| JACOBS SOLUTIONS INC | CS | 46982l108 |  | 40903766 | 340666 | SH |  | SOLE | 0 | 32962 | 0 | 307704 |
| JAZZ PHARMACEUTICALS INC | CS | g50871105 |  | 23497110 | 147493 | SH |  | SOLE | 0 | 53239 | 0 | 94254 |
| JAZZ PHARMACEUTICALS INC | CS | g50871105 |  | 4375926 | 27468 | SH |  | DFND | 0 | 27392 | 0 | 76 |
| JD.COM INC | CS | 47215p106 |  | 16329171 | 290917 | SH |  | SOLE | 0 | 104917 | 0 | 186000 |
| JD.COM INC | CS | 47215p106 |  | 3019119 | 53788 | SH |  | DFND | 0 | 53638 | 0 | 150 |
| JOHNSON  JOHNSON COM | CS | 478160104 |  | 580825 | 3288 | SH |  | SOLE | 0 | 800 | 0 | 2488 |
| JULIUS BAER GROUP LTD | CS | 48137C108 |  | 27140 | 2331 | SH |  | SOLE | 0 | 2331 | 0 | 0 |
| JULIUS BAER GROUP LTD | CS | 48137C108 |  | 3068431 | 263543 | SH |  | DFND | 0 | 262830 | 0 | 713 |
| JUNIPER NETWORKS | CS | 48203r104 |  | 17326826 | 542141 | SH |  | SOLE | 0 | 35850 | 0 | 506291 |
| KB FINANCIAL GROUP INC | CS | 48241a105 |  | 13142854 | 339960 | SH |  | SOLE | 0 | 125230 | 0 | 214730 |
| KB FINANCIAL GROUP INC | CS | 48241a105 |  | 2204199 | 57015 | SH |  | DFND | 0 | 56844 | 0 | 171 |
| KERING UNSPONSORED ADR | CS | 492089107 |  | 483702 | 9548 | SH |  | SOLE | 0 | 9548 | 0 | 0 |
| KLA -Tencor | CS | 482480100 |  | 21697322 | 57548 | SH |  | SOLE | 0 | 178 | 0 | 57370 |
| KOMATSU LTD | CS | 500458401 |  | 25113549 | 1163184 | SH |  | SOLE | 0 | 425924 | 0 | 737260 |
| KOMATSU LTD | CS | 500458401 |  | 4993343 | 229084 | SH |  | DFND | 0 | 228463 | 0 | 621 |
| KONINKLIJKE | CS | 500467501 |  | 19392099 | 675685 | SH |  | SOLE | 0 | 246915 | 0 | 428770 |
| KONINKLIJKE | CS | 500467501 |  | 3811133 | 133047 | SH |  | DFND | 0 | 132687 | 0 | 360 |
| KT CORPORATION | CS | 48268k101 |  | 2824200 | 209200 | SH |  | SOLE | 0 | 0 | 0 | 209200 |
| LAZARD LTD | CS | g54050102 |  | 16774386 | 483830 | SH |  | SOLE | 0 | 148020 | 0 | 335810 |
| LENNAR CORP | CS | 526057104 |  | 21761268 | 240456 | SH |  | SOLE | 0 | 1156 | 0 | 239300 |
| LOGITECH INTERNATIONAL S.A. | CS | h50430232 |  | 3469193 | 55730 | SH |  | SOLE | 0 | 0 | 0 | 55730 |
| LOWE'S CO. | CS | 548661107 |  | 18506607 | 92886 | SH |  | SOLE | 0 | 286 | 0 | 92600 |
| LVMH Moet Hennessy | CS | 502441306 |  | 12471461 | 86087 | SH |  | SOLE | 0 | 29187 | 0 | 56900 |
| LVMH Moet Hennessy | CS | 502441306 |  | 2516304 | 17339 | SH |  | DFND | 0 | 17292 | 0 | 47 |
| LYONDELLBASELL INDUSTRIES | CS | n53745100 |  | 23341726 | 281124 | SH |  | SOLE | 0 | 111204 | 0 | 169920 |
| LYONDELLBASELL INDUSTRIES | CS | n53745100 |  | 4203808 | 50630 | SH |  | DFND | 0 | 50487 | 0 | 143 |
| MANULIFE FINANACIAL CORP | CS | 56501r106 |  | 868558 | 48686 | SH |  | SOLE | 0 | 48686 | 0 | 0 |
| MARATHON OIL CORP COM | CS | 565849106 |  | 20075708 | 741622 | SH |  | SOLE | 0 | 6422 | 0 | 735200 |
| MARATHON PETROLEUM CORP | CS | 56585a102 |  | 240927 | 2070 | SH |  | SOLE | 0 | 2070 | 0 | 0 |
| MASCO CORP | CS | 574599106 |  | 23222805 | 497596 | SH |  | SOLE | 0 | 37438 | 0 | 460158 |
| MCDONALDS CORP | CS | 580135101 |  | 1135287 | 4308 | SH |  | SOLE | 0 | 2557 | 0 | 1751 |
| MCKESSON CORP COM | CS | 58155q103 |  | 20286114 | 54079 | SH |  | SOLE | 0 | 259 | 0 | 53820 |
| MERCK  CO INC | CS | 58933y105 |  | 208586 | 1880 | SH |  | SOLE | 0 | 1180 | 0 | 700 |
| METLIFE INC. | CS | 59156r108 |  | 1318871 | 18224 | SH |  | SOLE | 0 | 18224 | 0 | 0 |
| MICROSOFT CORP | CS | 594918104 |  | 2828677 | 11795 | SH |  | SOLE | 0 | 8156 | 0 | 3639 |
| MITSUBISHI UFJ FINL GROUP ADR | CS | 606822104 |  | 20882456 | 3130803 | SH |  | SOLE | 0 | 1138663 | 0 | 1992140 |
| MITSUBISHI UFJ FINL GROUP ADR | CS | 606822104 |  | 3874455 | 580878 | SH |  | DFND | 0 | 579281 | 0 | 1597 |
| MORGAN STANLEY COM NEW | CS | 617446448 |  | 43180298 | 507884 | SH |  | SOLE | 0 | 47200 | 0 | 460684 |
| NASPERS LIMITED ADR | CS | 631512209 |  | 27781376 | 841852 | SH |  | SOLE | 0 | 309762 | 0 | 532090 |
| NASPERS LIMITED ADR | CS | 631512209 |  | 4941123 | 148838 | SH |  | DFND | 0 | 148461 | 0 | 377 |
| NATIONAL GRID TRANSCO PLC ADR | CS | 636274409 |  | 411020 | 6814 | SH |  | SOLE | 0 | 6814 | 0 | 0 |
| NATWEST GROUP PLC SP ADR | CS | 639057207 |  | 9973917 | 1543950 | SH |  | SOLE | 0 | 386879 | 0 | 1157071 |
| NATWEST GROUP PLC SP ADR | CS | 639057207 |  | 1320539 | 204418 | SH |  | DFND | 0 | 203877 | 0 | 541 |
| NETAPP | CS | 64110d104 |  | 17107070 | 284833 | SH |  | SOLE | 0 | 883 | 0 | 283950 |
| NETEASE INC. ADR | CS | 64110w102 |  | 14487434 | 199469 | SH |  | SOLE | 0 | 71869 | 0 | 127600 |
| NETEASE INC. ADR | CS | 64110w102 |  | 2218410 | 30544 | SH |  | DFND | 0 | 30462 | 0 | 82 |
| NIPPON TELEG  TEL CORP | CS | 654624105 |  | 23127160 | 818648 | SH |  | SOLE | 0 | 297688 | 0 | 520960 |
| NIPPON TELEG  TEL CORP | CS | 654624105 |  | 4379032 | 155010 | SH |  | DFND | 0 | 154584 | 0 | 426 |
| NUCOR CORP | CS | 670346105 |  | 21342675 | 161920 | SH |  | SOLE | 0 | 500 | 0 | 161420 |
| NUVEEN KENTUCKY MUNICIPAL BOND | BF | 67065r804 |  | 1810193 | 187003 | SH |  | SOLE | 0 | 17273 | 0 | 169730 |
| NVIDIA CORP | CS | 67066g104 |  | 626941 | 4290 | SH |  | SOLE | 0 | 0 | 0 | 4290 |
| NVR INC | CS | 62944t105 |  | 29003903 | 6288 | SH |  | SOLE | 0 | 629 | 0 | 5659 |
| NXP SEMICONDUCTORS NV | CS | n6596x109 |  | 30068526 | 190271 | SH |  | SOLE | 0 | 62471 | 0 | 127800 |
| NXP SEMICONDUCTORS NV | CS | n6596x109 |  | 5174533 | 32744 | SH |  | DFND | 0 | 32651 | 0 | 93 |
| O REILLY AUTOMOTIVE INC | CS | 67103h107 |  | 21310069 | 25248 | SH |  | SOLE | 0 | 78 | 0 | 25170 |
| OMEGA HEALTHCARE INVS | CS | 681936100 |  | 435713 | 15589 | SH |  | SOLE | 0 | 15589 | 0 | 0 |
| ON SEMICONDUCTOR CORP | CS | 682189105 |  | 65853801 | 1055857 | SH |  | SOLE | 0 | 73646 | 0 | 982211 |
| ONEOK INC | CS | 682680103 |  | 18611956 | 283287 | SH |  | SOLE | 0 | 25633 | 0 | 257654 |
| ONO PHARMACEUTICAL | CS | 682736103 |  | 2525731 | 329300 | SH |  | SOLE | 0 | 0 | 0 | 329300 |
| ORANGE | CS | 684060106 |  | 437091 | 44240 | SH |  | SOLE | 0 | 44240 | 0 | 0 |
| ORIX CORP ADR | CS | 686330101 |  | 16042322 | 199234 | SH |  | SOLE | 0 | 72894 | 0 | 126340 |
| ORIX CORP ADR | CS | 686330101 |  | 3205258 | 39807 | SH |  | DFND | 0 | 39698 | 0 | 109 |
| OVINTIV INC | CS | 69047q102 |  | 2530429 | 49900 | SH |  | SOLE | 0 | 0 | 0 | 49900 |
| PANASONIC CORPORATION | CS | 69832a205 |  | 91733 | 10986 | SH |  | SOLE | 0 | 10986 | 0 | 0 |
| PARKER HANNIFIN CORP | CS | 701094104 |  | 25026582 | 86002 | SH |  | SOLE | 0 | 8353 | 0 | 77649 |
| PETROLEO BRASILERO | CS | 71654v408 |  | 17391014 | 1632959 | SH |  | SOLE | 0 | 598399 | 0 | 1034560 |
| PETROLEO BRASILERO | CS | 71654v408 |  | 3121568 | 293105 | SH |  | DFND | 0 | 292208 | 0 | 897 |
| PFIZER INC | CS | 717081103 |  | 1419912 | 27711 | SH |  | SOLE | 0 | 27711 | 0 | 0 |
| PHILIP MORRIS INTL INC COM | CS | 718172109 |  | 2011549 | 19875 | SH |  | SOLE | 0 | 15916 | 0 | 3959 |
| PHILLIPS 66 | CS | 718546104 |  | 33204747 | 319031 | SH |  | SOLE | 0 | 28765 | 0 | 290266 |
| PING AN INSURANCE GROUP | CS | 72341e304 |  | 11530761 | 876856 | SH |  | SOLE | 0 | 313636 | 0 | 563220 |
| PING AN INSURANCE GROUP | CS | 72341e304 |  | 2163514 | 163469 | SH |  | DFND | 0 | 163005 | 0 | 464 |
| PROCTER  GAMBLE | CS | 742718109 |  | 710210 | 4686 | SH |  | SOLE | 0 | 1932 | 0 | 2754 |
| PROGRESSIVE CORP OHIO | CS | 743315103 |  | 34702873 | 267542 | SH |  | SOLE | 0 | 24415 | 0 | 243127 |
| PULTEGROUP INC. | CS | 745867101 |  | 25007125 | 549245 | SH |  | SOLE | 0 | 56033 | 0 | 493212 |
| QUALCOMM INC | CS | 747525103 |  | 49156373 | 447120 | SH |  | SOLE | 0 | 19645 | 0 | 427475 |
| RANDSTAD NV ADR UNSPON | CS | 75279q108 |  | 3352432 | 109700 | SH |  | SOLE | 0 | 0 | 0 | 109700 |
| RAYTHEON TECHNOLOGIES CORP | CS | 75513e101 |  | 41927820 | 415456 | SH |  | SOLE | 0 | 37253 | 0 | 378203 |
| REPSOL S.A. | CS | 76026t205 |  | 36895512 | 2316120 | SH |  | SOLE | 0 | 825480 | 0 | 1490640 |
| REPSOL S.A. | CS | 76026t205 |  | 6535588 | 412366 | SH |  | DFND | 0 | 411291 | 0 | 1075 |
| RIO TINTO PLC ADR | CS | 767204100 |  | 64771637 | 909714 | SH |  | SOLE | 0 | 198860 | 0 | 710854 |
| RIO TINTO PLC ADR | CS | 767204100 |  | 5730531 | 80485 | SH |  | DFND | 0 | 80267 | 0 | 218 |
| ROBERT HALF INTL | CS | 770323103 |  | 17387925 | 235513 | SH |  | SOLE | 0 | 1153 | 0 | 234360 |
| ROCHE HLDG LTD | CS | 771195104 |  | 23120627 | 590563 | SH |  | SOLE | 0 | 210563 | 0 | 380000 |
| ROCHE HLDG LTD | CS | 771195104 |  | 4194882 | 107149 | SH |  | DFND | 0 | 106845 | 0 | 304 |
| ROSS STORES INC COM | CS | 778296103 |  | 411352 | 3544 | SH |  | SOLE | 0 | 0 | 0 | 3544 |
| S DEPOSITORY RECEIPTS (SPDR) | ETF | 78462f103 |  | 8719404 | 22800 | SH |  | SOLE | 0 | 22644 | 0 | 156 |
| SANOFI AVENTIS | CS | 80105n105 |  | 14275565 | 294767 | SH |  | SOLE | 0 | 106007 | 0 | 188760 |
| SANOFI AVENTIS | CS | 80105n105 |  | 2570469 | 53076 | SH |  | DFND | 0 | 52925 | 0 | 151 |
| SEAGATE TECHNOLOGY HOLDINGS PL | CS | g7997r103 |  | 19853330 | 377368 | SH |  | SOLE | 0 | 1018 | 0 | 376350 |
| SEMPRA ENERGY | CS | 816851109 |  | 11664525 | 75479 | SH |  | SOLE | 0 | 7182 | 0 | 68297 |
| SHELL PLC | CS | 780259305 |  | 77477001 | 1360439 | SH |  | SOLE | 0 | 311220 | 0 | 1049219 |
| SHELL PLC | CS | 780259305 |  | 7560340 | 132754 | SH |  | DFND | 0 | 132396 | 0 | 358 |
| SHIONOGI  CO LTD UNSP | CS | 824667109 |  | 14811913 | 1196425 | SH |  | SOLE | 0 | 428565 | 0 | 767860 |
| SHIONOGI  CO LTD UNSP | CS | 824667109 |  | 2916429 | 233707 | SH |  | DFND | 0 | 233032 | 0 | 675 |
| SMITH  NEPHEW PLC ADR | CS | 83175m205 |  | 326283 | 12134 | SH |  | SOLE | 0 | 12134 | 0 | 0 |
| SOCIEDAD QUIMICA Y MINERA DE S | CS | 833635105 |  | 27701287 | 346960 | SH |  | SOLE | 0 | 67469 | 0 | 279491 |
| SOCIEDAD QUIMICA Y MINERA DE S | CS | 833635105 |  | 2106018 | 26378 | SH |  | DFND | 0 | 26301 | 0 | 77 |
| SONY GROUP CORPORATION | CS | 835699307 |  | 9857817 | 129232 | SH |  | SOLE | 0 | 46632 | 0 | 82600 |
| SONY GROUP CORPORATION | CS | 835699307 |  | 1939571 | 25427 | SH |  | DFND | 0 | 25355 | 0 | 72 |
| STANDARD BANK GROUP LTD | CS | 853118206 |  | 18839566 | 1922385 | SH |  | SOLE | 0 | 702345 | 0 | 1220040 |
| STANDARD BANK GROUP LTD | CS | 853118206 |  | 3489117 | 353830 | SH |  | DFND | 0 | 352799 | 0 | 1031 |
| STOCK YARDS BANCORP INC | CS | 861025104 |  | 228600 | 3518 | SH |  | SOLE | 0 | 3518 | 0 | 0 |
| SUN LIFE FINANCIAL | CS | 866796105 |  | 17619407 | 379565 | SH |  | SOLE | 0 | 155455 | 0 | 224110 |
| SUN LIFE FINANCIAL | CS | 866796105 |  | 3232642 | 69639 | SH |  | DFND | 0 | 69446 | 0 | 193 |
| SYNCHRONY FINANCIAL | CS | 87165b103 |  | 20327459 | 618608 | SH |  | SOLE | 0 | 3038 | 0 | 615570 |
| TAIWAN SEMICONDUCTOR MFG CO AD | CS | 874039100 |  | 10063301 | 135096 | SH |  | SOLE | 0 | 49706 | 0 | 85390 |
| TAIWAN SEMICONDUCTOR MFG CO AD | CS | 874039100 |  | 1937708 | 26013 | SH |  | DFND | 0 | 25939 | 0 | 74 |
| TAPESTRY | CS | 876030107 |  | 57885750 | 1520109 | SH |  | SOLE | 0 | 83546 | 0 | 1436563 |
| TARGET CORP COM | CS | 87612e106 |  | 689012 | 4623 | SH |  | SOLE | 0 | 4623 | 0 | 0 |
| TE CONNECTIVITY LTD. | CS | h84989104 |  | 28562929 | 248806 | SH |  | SOLE | 0 | 23455 | 0 | 225351 |
| TEXAS ROADHOUSE | CS | 882681109 |  | 3609078 | 39682 | SH |  | SOLE | 0 | 39682 | 0 | 0 |
| TOKYO ELECTRON LTD | CS | 889110102 |  | 20812504 | 284593 | SH |  | SOLE | 0 | 89283 | 0 | 195310 |
| TOKYO ELECTRON LTD | CS | 889110102 |  | 3569533 | 48455 | SH |  | DFND | 0 | 48322 | 0 | 133 |
| TOTALENERGIES SE | CS | 89151e109 |  | 79928062 | 1287501 | SH |  | SOLE | 0 | 295108 | 0 | 992393 |
| TOTALENERGIES SE | CS | 89151e109 |  | 7350830 | 118409 | SH |  | DFND | 0 | 118095 | 0 | 314 |
| UBS GROUP AG | CS | h42097107 |  | 38423774 | 2058049 | SH |  | SOLE | 0 | 696799 | 0 | 1361250 |
| UBS GROUP AG | CS | h42097107 |  | 7100761 | 380330 | SH |  | DFND | 0 | 379321 | 0 | 1009 |
| UNILEVER | CS | 904767704 |  | 6977050 | 138571 | SH |  | SOLE | 0 | 138571 | 0 | 0 |
| UNION PAC CORP COM | CS | 907818108 |  | 16146491 | 77976 | SH |  | SOLE | 0 | 8939 | 0 | 69037 |
| UNITED HEALTHCARE CORP | CS | 91324p102 |  | 46313874 | 87355 | SH |  | SOLE | 0 | 7688 | 0 | 79667 |
| UNITED RENTALS INC | CS | 911363109 |  | 56446739 | 158817 | SH |  | SOLE | 0 | 15263 | 0 | 143554 |
| UNIVERSAL HEALTH SERVICES INC | CS | 913903100 |  | 19037119 | 133866 | SH |  | SOLE | 0 | 866 | 0 | 133000 |
| VALE SA | CS | 91912e105 |  | 51199644 | 3017068 | SH |  | SOLE | 0 | 632487 | 0 | 2384581 |
| VALE SA | CS | 91912e105 |  | 4446580 | 262026 | SH |  | DFND | 0 | 261353 | 0 | 673 |
| VANGUARD BD INDEX FD INC | BF | 921937827 |  | 513033 | 6815 | SH |  | SOLE | 0 | 6815 | 0 | 0 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 1725431 | 4911 | SH |  | SOLE | 0 | 4911 | 0 | 0 |
| VEOLIA ENVIRONMENT | CS | 92334n103 |  | 10708998 | 415887 | SH |  | SOLE | 0 | 152417 | 0 | 263470 |
| VEOLIA ENVIRONMENT | CS | 92334n103 |  | 2049196 | 80003 | SH |  | DFND | 0 | 79776 | 0 | 227 |
| VERIZON COMMUNICATIONS | CS | 92343v104 |  | 12291854 | 311976 | SH |  | SOLE | 0 | 31921 | 0 | 280055 |
| VIPSHOP HOLDINGS LTD ADS | CS | 92763w103 |  | 25235050 | 1850077 | SH |  | SOLE | 0 | 553087 | 0 | 1296990 |
| VIPSHOP HOLDINGS LTD ADS | CS | 92763w103 |  | 5139579 | 376802 | SH |  | DFND | 0 | 375880 | 0 | 922 |
| W.W. GRAINGER INC. | CS | 384802104 |  | 20279206 | 36457 | SH |  | SOLE | 0 | 177 | 0 | 36280 |
| WALGREENS BOOT ALLIANCE INC | CS | 931427108 |  | 389590 | 10428 | SH |  | SOLE | 0 | 10428 | 0 | 0 |
| WILLIAMS COMPANIES INC | CS | 969457100 |  | 20013596 | 608316 | SH |  | SOLE | 0 | 1876 | 0 | 606440 |
| WILLIS TOWERS WATSON | CS | g96629103 |  | 3008334 | 12300 | SH |  | SOLE | 0 | 0 | 0 | 12300 |
| WOODSIDE ENERGY GROUP LTD SP A | CS | 980228308 |  | 2931831 | 121100 | SH |  | SOLE | 0 | 0 | 0 | 121100 |
| ZIONS BANCORPORATION | CS | 989701107 |  | 28679748 | 583396 | SH |  | SOLE | 0 | 49571 | 0 | 533825 |
| ZTO EXPRESS INC | CS | 98980a105 |  | 27330336 | 1017132 | SH |  | SOLE | 0 | 366962 | 0 | 650170 |
| ZTO EXPRESS INC | CS | 98980a105 |  | 5445205 | 202650 | SH |  | DFND | 0 | 202143 | 0 | 507 |

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