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

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

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AES CORP COM 00130H105   463,193,725 23,090,415 SH   DFND 1 23,090,415 0 0
AES CORP COM 00130H105   9,450,426 471,108 SH   DFND 2 471,108 0 0
AES CORP COM 00130H105   500,918 24,971 SH   DFND   24,971 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107   348,635,179 1,267,626 SH   DFND 1 1,267,626 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107   133,665 486 SH   DFND   486 0 0
ALPHABET INC CAP STK CL A 02079K305   357,208,559 2,153,805 SH   DFND 1 2,153,805 0 0
ALPHABET INC CAP STK CL C 02079K107   275,704,168 1,649,047 SH   DFND 1 1,649,047 0 0
AMAZON COM INC COM 023135106   4,685,082 25,144 SH   DFND 2 25,144 0 0
AMAZON COM INC COM 023135106   7,962,626 42,734 SH   DFND 1 42,734 0 0
ARCH CAP GROUP LTD ORD G0450A105   52,438,492 468,703 SH   DFND 1 468,703 0 0
ATKORE INC COM 047649108   15,332,686 180,938 SH   DFND 1 180,938 0 0
ATKORE INC COM 047649108   161,514 1,906 SH   DFND   1,906 0 0
BAIDU INC SPON ADR REP A 056752108   313,192,581 2,974,571 SH   DFND 1 2,974,571 0 0
BARRICK GOLD CORP COM 067901108   106,052,247 5,331,938 SH   DFND 1 5,331,938 0 0
BARRICK GOLD CORP COM 067901108   1,327,737 66,754 SH   DFND   66,754 0 0
BOOKING HOLDINGS INC COM 09857L108   223,983,693 53,176 SH   DFND 3 53,176 0 0
BOOKING HOLDINGS INC COM 09857L108   14,165,360 3,363 SH   DFND 1 3,363 0 0
BORR DRILLING LTD SHS G1466R173   45,665,397 8,317,923 SH   DFND 1 8,317,923 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107   300,593,553 8,217,429 SH   DFND 1 8,217,429 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   35,209,908 662,463 SH   DFND 1 662,463 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   384,275 7,230 SH   DFND   7,230 0 0
BURFORD CAP LTD ORD SHS G17977110   859,619 64,828 SH   DFND   64,828 0 0
BURFORD CAP LTD ORD SHS G17977110   83,951,593 6,331,191 SH   DFND 1 6,331,191 0 0
CALEDONIA MNG CORP PLC SHS G1757E113   11,706,215 782,501 SH   DFND 3 782,501 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305   59,511,159 1,134,194 SH   DFND 1 1,134,194 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305   617,729 11,773 SH   DFND   11,773 0 0
CHURCH & DWIGHT CO INC COM 171340102   13,316,719 127,165 SH   DFND 1 127,165 0 0
CHURCH & DWIGHT CO INC COM 171340102   3,268,311 31,210 SH   DFND 2 31,210 0 0
CINEMARK HLDGS INC COM 17243V102   367,964,092 13,217,101 SH   DFND 1 13,217,101 0 0
CINEMARK HLDGS INC COM 17243V102   1,407,507 50,557 SH   DFND   50,557 0 0
CONSTELLATION ENERGY CORP COM 21037T109   115,342,012 443,589 SH   DFND 1 443,589 0 0
CORPAY INC COM SHS 219948106   25,315,420 80,942 SH   DFND 2 80,942 0 0
CORPAY INC COM SHS 219948106   175,146 560 SH   DFND   560 0 0
CORPAY INC COM SHS 219948106   1,279,203,725 4,090,049 SH   DFND 1 4,090,049 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   278,006,663 1,980,951 SH   DFND 1 1,980,951 0 0
DISNEY WALT CO COM 254687106   282,326,403 2,935,091 SH   DFND 3 2,935,091 0 0
ELEVANCE HEALTH INC COM 036752103   10,479,560 20,153 SH   DFND 2 20,153 0 0
ELEVANCE HEALTH INC COM 036752103   460,066,880 884,744 SH   DFND 1 884,744 0 0
FIRSTSERVICE CORP NEW COM 33767E202   80,139,716 439,218 SH   DFND 1 439,218 0 0
FIRSTSERVICE CORP NEW COM 33767E202   7,852,531 43,037 SH   DFND 2 43,037 0 0
FRANCO NEV CORP COM 351858105   4,697,271 37,805 SH   DFND 2 37,805 0 0
FRANCO NEV CORP COM 351858105   353,740 2,847 SH   DFND   2,847 0 0
FRANCO NEV CORP COM 351858105   129,708,303 1,043,930 SH   DFND 1 1,043,930 0 0
GENERAC HLDGS INC COM 368736104   34,509,848 217,207 SH   DFND 1 217,207 0 0
GENERAC HLDGS INC COM 368736104   405,303 2,551 SH   DFND   2,551 0 0
GENMAB A/S SPONSORED ADS 372303206   40,683,272 1,668,715 SH   DFND 1 1,668,715 0 0
GENMAB A/S SPONSORED ADS 372303206   196,942 8,078 SH   DFND   8,078 0 0
GENPACT LIMITED SHS G3922B107   68,188,503 1,739,059 SH   DFND 1 1,739,059 0 0
GLOBAL PMTS INC COM 37940X102   632,217,152 6,172,790 SH   DFND 1 6,172,790 0 0
GLOBAL PMTS INC COM 37940X102   8,616,390 84,128 SH   DFND 2 84,128 0 0
GLOBAL PMTS INC COM 37940X102   164,282 1,604 SH   DFND   1,604 0 0
GOLD FIELDS LTD SPONSORED ADR 38059T106   83,633,109 5,448,411 SH   DFND 1 5,448,411 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   203,229 3,903 SH   DFND   3,903 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   14,356,480 275,715 SH   DFND 2 275,715 0 0
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101   720,250,985 13,832,360 SH   DFND 1 13,832,360 0 0
HDFC BANK LTD SPONSORED ADS 40415F101   34,834,472 556,817 SH   DFND 1 556,817 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107   19,674,262 1,772,456 SH   DFND 1 1,772,456 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107   277,689 25,017 SH   DFND   25,017 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   16,777,634 72,788 SH   DFND 1 72,788 0 0
HOWMET AEROSPACE INC COM 443201108   4,066,641 40,565 SH   DFND 2 40,565 0 0
HOWMET AEROSPACE INC COM 443201108   14,004,424 139,695 SH   DFND 1 139,695 0 0
ICON PLC SHS G4705A100   2,019,502 7,029 SH   DFND 1 7,029 0 0
IMAX CORP COM 45245E109   142,237 6,935 SH   DFND   6,935 0 0
IMAX CORP COM 45245E109   62,312,826 3,038,168 SH   DFND 1 3,038,168 0 0
INTEL CORP COM 458140100   183,504 7,822 SH   DFND   7,822 0 0
INTEL CORP COM 458140100   18,549,423 790,683 SH   DFND 1 790,683 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   901,684,564 6,470,182 SH   DFND 1 6,470,182 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   4,592,609 32,955 SH   DFND 2 32,955 0 0
IQIYI INC SPONSORED ADS 46267X108   50,518,957 17,663,971 SH   DFND 1 17,663,971 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106   128,002,332 19,248,471 SH   DFND 1 19,248,471 0 0
KB FINL GROUP INC SPONSORED ADR 48241A105   43,265,385 700,654 SH   DFND 1 700,654 0 0
KINDER MORGAN INC DEL COM 49456B101   3,276,102 148,307 SH   DFND   148,307 0 0
KINDER MORGAN INC DEL COM 49456B101   400,310,164 18,121,782 SH   DFND 1 18,121,782 0 0
MARCUS CORP DEL COM 566330106   193,891 12,866 SH   DFND   12,866 0 0
MARCUS CORP DEL COM 566330106   16,253,342 1,078,523 SH   DFND 1 1,078,523 0 0
MARRIOTT INTL INC CL A 571903202   73,558,503 295,891 SH   DFND 3 295,891 0 0
MASTEC INC COM 576323109   538,563 4,375 SH   DFND   4,375 0 0
MASTEC INC COM 576323109   43,631,318 354,438 SH   DFND 1 354,438 0 0
MICRON TECHNOLOGY INC COM 595112103   702,117 6,770 SH   DFND   6,770 0 0
MICRON TECHNOLOGY INC COM 595112103   3,823,373 36,866 SH   DFND 2 36,866 0 0
MICRON TECHNOLOGY INC COM 595112103   290,770,068 2,803,684 SH   DFND 1 2,803,684 0 0
MICROSOFT CORP COM 594918104   16,815,694 39,079 SH   DFND 1 39,079 0 0
MORGAN STANLEY COM NEW 617446448   7,471,089 71,672 SH   DFND 3 71,672 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307   10,492,116 23,335 SH   DFND 2 23,335 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307   353,811,149 786,894 SH   DFND 1 786,894 0 0
NAVIENT CORPORATION COM 63938C108   22,834,907 1,464,715 SH   DFND 1 1,464,715 0 0
NAVIENT CORPORATION COM 63938C108   373,630 23,966 SH   DFND   23,966 0 0
NEBIUS GROUP N.V. SHS CLASS A N97284108   0 3,056,164 SH   DFND 1 3,056,164 0 0
NETEASE INC SPONSORED ADS 64110W102   325,528,134 3,481,212 SH   DFND 1 3,481,212 0 0
NEWMONT CORP COM 651639106   491,743,100 9,200,058 SH   DFND 1 9,200,058 0 0
NOBLE CORP PLC ORD SHS A G65431127   251,704,909 6,964,718 SH   DFND 1 6,964,718 0 0
PAYCOM SOFTWARE INC COM 70432V102   8,031,173 48,215 SH   DFND 1 48,215 0 0
PORTILLOS INC COM CL A 73642K106   77,005,107 5,716,786 SH   DFND 1 5,716,786 0 0
PORTILLOS INC COM CL A 73642K106   211,519 15,703 SH   DFND   15,703 0 0
PROGRESSIVE CORP COM 743315103   6,292,233 24,796 SH   DFND 2 24,796 0 0
QXO INC COM NEW 82846H405   1,692,981,742 107,354,581 SH   DFND 1 107,354,581 0 0
QXO INC COM NEW 82846H405   816,539 51,778 SH   DFND   51,778 0 0
QXO INC COM NEW 82846H405   31,584,661 2,002,832 SH   DFND 2 2,002,832 0 0
RENAISSANCERE HLDGS LTD COM G7496G103   772,918,656 2,837,440 SH   DFND 1 2,837,440 0 0
RXO INC COMMON STOCK 74982T103   19,787,992 706,714 SH   DFND 2 706,714 0 0
RXO INC COMMON STOCK 74982T103   720,440 25,730 SH   DFND   25,730 0 0
RXO INC COMMON STOCK 74982T103   779,206,008 27,828,786 SH   DFND 1 27,828,786 0 0
RYDER SYS INC COM 783549108   37,639,291 258,157 SH   DFND 1 258,157 0 0
SEA LTD SPONSORD ADS 81141R100   57,937,134 614,522 SH   DFND 1 614,522 0 0
SENDAS DISTRIBUIDORA S A SPON ADS 81689T104   47,384,308 6,887,254 SH   DFND 1 6,887,254 0 0
SHELL PLC SPON ADS 780259305   1,046,824 15,873 SH   DFND   15,873 0 0
SHELL PLC SPON ADS 780259305   646,777,717 9,807,092 SH   DFND 1 9,807,092 0 0
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100   12,189,722 287,697 SH   DFND 1 287,697 0 0
SMURFIT WESTROCK PLC SHS G8267P108   12,647,814 255,925 SH   DFND 1 255,925 0 0
SPDR GOLD TR GOLD SHS 78463V107   4,493,450 18,487 SH   DFND 2 18,487 0 0
SPDR GOLD TR GOLD SHS 78463V107   259,039,007 1,065,741 SH   DFND 1 1,065,741 0 0
SPDR GOLD TR GOLD SHS 78463V107   7,495,484 30,838 SH   DFND   30,838 0 0
SUNRUN INC COM 86771W105   200,766,049 11,116,614 SH   DFND 1 11,116,614 0 0
SUNRUN INC COM 86771W105   2,357,480 130,536 SH   DFND 2 130,536 0 0
SYNAPTICS INC COM 87157D109   3,173,177 40,902 SH   DFND 2 40,902 0 0
SYNAPTICS INC COM 87157D109   172,484,312 2,223,309 SH   DFND 1 2,223,309 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   2,945,096 16,958 SH   DFND 1 16,958 0 0
TENARIS S A SPONSORED ADS 88031M109   56,311,058 1,771,345 SH   DFND 1 1,771,345 0 0
TENARIS S A SPONSORED ADS 88031M109   243,893 7,672 SH   DFND   7,672 0 0
TEXAS INSTRS INC COM 882508104   3,207,826 15,529 SH   DFND 2 15,529 0 0
TEXAS INSTRS INC COM 882508104   440,881,731 2,134,297 SH   DFND 1 2,134,297 0 0
UNITEDHEALTH GROUP INC COM 91324P102   15,843,659 27,098 SH   DFND 2 27,098 0 0
UNITEDHEALTH GROUP INC COM 91324P102   1,303,834,061 2,229,996 SH   DFND 1 2,229,996 0 0
UNITEDHEALTH GROUP INC COM 91324P102   444,941 761 SH   DFND   761 0 0
VALARIS LTD CL A G9460G101   288,384,771 5,172,821 SH   DFND 1 5,172,821 0 0
VIPSHOP HLDGS LTD SPONSORED ADS A 92763W103   88,797,675 5,645,116 SH   DFND 1 5,645,116 0 0
VISA INC COM CL A 92826C839   26,020,718 94,638 SH   DFND 1 94,638 0 0
WESTLAKE CORPORATION COM 960413102   266,114,295 1,770,672 SH   DFND 1 1,770,672 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   77,068,056 1,261,756 SH   DFND 1 1,261,756 0 0
XPO INC COM 983793100   7,532,258 70,061 SH   DFND 2 70,061 0 0
XPO INC COM 983793100   405,456,548 3,771,338 SH   DFND 1 3,771,338 0 0
YOUDAO INC SPONSORED ADS 98741T104   38,969,928 9,390,344 SH   DFND 1 9,390,344 0 0