The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACADEMY SPORTS & OUTDOORS IN COM 00402L107   3,675,510 63,888 SH   SOLE   0 0 0
AGNC INVT CORP COM 00123Q104   58,935,518 6,399,815 SH   SOLE   0 0 0
AGNICO EAGLE MINES LTD COM 008474108   20,798,151 265,927 SH   SOLE   0 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   136,458,365 1,609,404 SH   SOLE   0 0 0
ALPHA METALLURGICAL RESOUR I COM 020764106   4,099,733 20,485 SH   SOLE   0 0 0
AMAZON COM INC COM 023135106   190,468,640 868,184 SH   SOLE   0 0 0
AMBEV SA SPONSORED ADR 02319V103   47,686,843 25,776,672 SH   SOLE   0 0 0
ANGLOGOLD ASHANTI PLC COM SHS G0378L100   38,167,996 1,653,726 SH   SOLE   0 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108   2,253,150 45,000 SH   SOLE   0 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   58,583,333 1,159,618 SH   SOLE   0 0 0
ARCOS DORADOS HOLDINGS INC SHS CLASS -A - G0457F107   925,594 127,142 SH   SOLE   0 0 0
ARIS MNG CORP COM 04040Y109   19,940,392 5,687,273 SH   SOLE   0 0 0
ATKORE INC COM 047649108   4,060,578 48,660 SH   SOLE   0 0 0
B2GOLD CORP COM 11777Q209   10,279,871 4,213,062 SH   SOLE   0 0 0
BANK AMERICA CORP COM 060505104   119,868,633 2,727,336 SH   SOLE   0 0 0
BARRICK GOLD CORP COM 067901108   159,180,328 10,269,848 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   14,681,739 32,390 SH   SOLE   0 0 0
BEST BUY INC COM 086516101   3,806,825 44,367 SH   SOLE   0 0 0
BLOCK H & R INC COM 093671105   4,203,304 79,547 SH   SOLE   0 0 0
BLUE BIRD CORP COM 095306106   2,790,133 72,229 SH   SOLE   0 0 0
BP PLC SPONSORED ADR 055622104   63,182,135 2,137,420 SH   SOLE   0 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   5,400,300 94,000 SH   SOLE   0 0 0
BUNGE GLOBAL SA COM SHS H11356104   8,414,444 108,214 SH   SOLE   0 0 0
CARTERS INC COM 146229109   635,215 11,722 SH   SOLE   0 0 0
CENTERRA GOLD INC COM 152006102   40,635,162 7,140,845 SH   SOLE   0 0 0
CF INDS HLDGS INC COM 125269100   48,331,061 566,458 SH   SOLE   0 0 0
CHEESECAKE FACTORY INC COM 163072101   9,401,344 198,179 SH   SOLE   0 0 0
CHEVRON CORP NEW COM 166764100   1,593,240 11,000 SH   SOLE   0 0 0
THE CIGNA GROUP COM 125523100   165,980,843 601,066 SH   SOLE   0 0 0
CITIGROUP INC COM NEW 172967424   246,497,054 3,501,834 SH   SOLE   0 0 0
COCA COLA CONS INC COM 191098102   6,037,928 4,793 SH   SOLE   0 0 0
COMCAST CORP NEW CL A 20030N101   1,077,036 28,698 SH   SOLE   0 0 0
COPA HOLDINGS SA CL A P31076105   6,736,587 76,658 SH   SOLE   0 0 0
CORTEVA INC COM 22052L104   44,765,229 785,918 SH   SOLE   0 0 0
COSTAR GROUP INC COM 22160N109   11,609,863 162,179 SH   SOLE   0 0 0
COTY INC COM CL A 222070203   22,449,315 3,225,675 SH   SOLE   0 0 0
DEERE & CO COM 244199105   78,829,377 186,051 SH   SOLE   0 0 0
DORMAN PRODS INC COM 258278100   4,313,524 33,297 SH   SOLE   0 0 0
EAST WEST BANCORP INC COM 27579R104   1,175,933 12,280 SH   SOLE   0 0 0
ENDAVA PLC ADS 29260V105   782,295 25,317 SH   SOLE   0 0 0
EQUINOX GOLD CORP COM 29446Y502   3,038,431 603,270 SH   SOLE   0 0 0
EXELIXIS INC COM 30161Q104   3,688,208 110,757 SH   SOLE   0 0 0
EXXON MOBIL CORP COM 30231G102   31,146,008 289,532 SH   SOLE   0 0 0
FOMENTO ECONOMICO MEXICANO S FOMENTO ECONOMICO MEX-SP ADR 344419106   683,920 8,000 SH   SOLE   0 0 0
FIRST SOLAR INC COM 336433107   5,371,795 30,480 SH   SOLE   0 0 0
FOX CORP CL A COM 35137L105   11,958,930 246,175 SH   SOLE   0 0 0
GALIANO GOLD INC COM 36352H100   22,960,012 18,438,262 SH   SOLE   0 0 0
GATES INDL CORP PLC ORD SHS G39108108   5,863,725 285,062 SH   SOLE   0 0 0
GE AEROSPACE COM NEW 369604301   17,002,566 101,939 SH   SOLE   0 0 0
GENERAL MTRS CO COM 37045V100   3,223,634 60,515 SH   SOLE   0 0 0
GILEAD SCIENCES INC COM 375558103   6,502,684 70,399 SH   SOLE   0 0 0
GOLD FIELDS LTD SPONSORED ADR 38059T106   5,307,509 402,084 SH   SOLE   0 0 0
GOLDMINING INC COM 38149E101   721,608 901,996 SH   SOLE   0 0 0
GULFPORT ENERGY OPERATING CO COMMON SHARES 402635502   7,506,484 40,753 SH   SOLE   0 0 0
HARMONY BIOSCIENCES HLDGS IN COM 413197104   2,597,989 75,501 SH   SOLE   0 0 0
HERC HLDGS INC COM 42704L104   3,665,383 19,361 SH   SOLE   0 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109   8,758,432 410,231 SH   SOLE   0 0 0
INCYTE CORP COM 45337C102   5,529,716 80,059 SH   SOLE   0 0 0
INTEGRA RES CORP COM 45826T509   2,696,604 3,126,053 SH   SOLE   0 0 0
JAZZ PHARMACEUTICALS PLC SHS USD G50871105   7,236,676 58,767 SH   SOLE   0 0 0
JPMORGAN CHASE & CO. COM 46625H100   2,042,329 8,520 SH   SOLE   0 0 0
KB HOME COM 48666K109   2,803,900 42,664 SH   SOLE   0 0 0
KINROSS GOLD CORP COM NO PAR 496902404   68,859,287 7,427,970 SH   SOLE   0 0 0
LENNAR CORP CL A 526057104   3,220,638 23,617 SH   SOLE   0 0 0
LIVANOVA PLC SHS G5509L101   7,981,500 172,357 SH   SOLE   0 0 0
M & T BK CORP COM 55261F104   13,723,226 72,992 SH   SOLE   0 0 0
MAXIMUS INC COM 577933104   10,265,574 137,517 SH   SOLE   0 0 0
MERCK & CO INC COM 58933Y105   7,229,448 72,672 SH   SOLE   0 0 0
MOSAIC CO NEW COM 61945C103   41,382,001 1,683,588 SH   SOLE   0 0 0
NEW GOLD INC CDA COM 644535106   2,976,000 1,200,000 SH   SOLE   0 0 0
NEWMONT CORP COM 651639106   263,705,682 7,085,101 SH   SOLE   0 0 0
NEXTRACKER INC CLASS A COM 65290E101   3,953,697 108,230 SH   SOLE   0 0 0
NOBLE CORP PLC ORD SHS A G65431127   9,551,997 304,210 SH   SOLE   0 0 0
NUTRIEN LTD COM 67077M108   43,976,716 982,728 SH   SOLE   0 0 0
OWENS CORNING NEW COM 690742101   5,236,026 30,741 SH   SOLE   0 0 0
PAGSEGURO DIGITAL LTD COM CL A G68707101   4,245,914 678,261 SH   SOLE   0 0 0
PAN AMERN SILVER CORP COM 697900108   21,928,914 1,084,516 SH   SOLE   0 0 0
PFIZER INC COM 717081103   111,598,511 4,206,387 SH   SOLE   0 0 0
PHILIP MORRIS INTL INC COM 718172109   40,336,114 335,162 SH   SOLE   0 0 0
PILGRIMS PRIDE CORP COM 72147K108   8,381,028 184,649 SH   SOLE   0 0 0
PNC FINL SVCS GROUP INC COM 693475105   16,902,319 87,640 SH   SOLE   0 0 0
PULTE GROUP INC COM 745867101   3,172,505 29,132 SH   SOLE   0 0 0
REVELYST INC COM SHS 690045109   1,268,065 65,944 SH   SOLE   0 0 0
RYANAIR HOLDINGS PLC SPONSORED ADS 783513203   63,559,788 1,458,141 SH   SOLE   0 0 0
SCORPIO TANKERS INC SHS Y7542C130   961,651 19,353 SH   SOLE   0 0 0
SKEENA RES LTD NEW COM 83056P715   15,177,477 1,745,382 SH   SOLE   0 0 0
SM ENERGY CO COM 78454L100   728,029 18,783 SH   SOLE   0 0 0
SMURFIT WESTROCK PLC SHS G8267P108   447,038 8,300 SH   SOLE   0 0 0
STELLANTIS N.V SHS N82405106   19,285,106 1,479,686 SH   SOLE   0 0 0
STONECO LTD COM CL A G85158106   559,669 70,222 SH   SOLE   0 0 0
STRIDE INC COM 86333M108   4,068,064 39,141 SH   SOLE   0 0 0
SUNCOR ENERGY INC NEW COM 867224107   33,608,048 941,697 SH   SOLE   0 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   65,167,573 329,971 SH   SOLE   0 0 0
TAYLOR MORRISON HOME CORP COM 87724P106   3,051,257 49,849 SH   SOLE   0 0 0
TD SYNNEX CORPORATION COM 87162W100   10,136,057 86,425 SH   SOLE   0 0 0
TENARIS S A SPONSORED ADR 88031M109   6,562,838 173,666 SH   SOLE   0 0 0
TOLL BROTHERS INC COM 889478103   2,882,307 22,885 SH   SOLE   0 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102   4,039,449 11,449 SH   SOLE   0 0 0
WELLS FARGO CO NEW COM 949746101   351,200 5,000 SH   SOLE   0 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   11,305,590 201,024 SH   SOLE   0 0 0
ZIFF DAVIS INC COM 48123V102   7,945,962 146,224 SH   SOLE   0 0 0