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
3M CO COM 88579Y101   748,722 5,800 SH   SOLE   5,100 0 700
ABB LTD-REG COM 007108899   3,849,795 71,100 SH   SOLE   15,300 0 55,800
ABBOTT LABS COM 002824100   1,017,990 9,000 SH   SOLE   6,300 0 2,700
ABBVIE INC. COM 00287Y109   2,558,880 14,400 SH   SOLE   9,900 0 4,500
ABN AMRO BANK NV-CVA COM 00BYQP136   56,972 3,695 SH   SOLE   0 0 3,695
ADMIRAL GROUP PLC COM 00B02J639   39,339 1,188 SH   SOLE   0 0 1,188
ADOBE SYS INC. COM 00724F101   155,638 350 SH   SOLE   350 0 0
ADVANCED MICRO DEV COM 007903107   322,147 2,667 SH   SOLE   2,000 0 667
AFFIRM HOLDINGS INC COM 00827B106   286,230 4,700 SH   SOLE   4,700 0 0
AGILENT TECHNOLOGIES COM 00846U101   120,906 900 SH   SOLE   900 0 0
AIA GROUP LTD COM 00B4TX8S1   1,208,921 166,800 SH   SOLE   35,800 0 131,000
AIA GROUP LTD-SP ADR ADR 001317205   20,174 700 SH   SOLE   0 0 700
AIR LIQUIDE ADR 009126202   10,965 340 SH   SOLE   0 0 340
AIR LIQUIDE SA COM 00B1YXBJ7   1,039,940 6,400 SH   SOLE   1,400 0 5,000
AIR PROD & CHEM. COM 009158106   348,048 1,200 SH   SOLE   1,200 0 0
AKZO N V ADR ADR 010199305   15,960 800 SH   SOLE   0 0 800
AKZO NOBEL COM 00BJ2KSG2   1,164,341 19,400 SH   SOLE   4,200 0 15,200
ALBEMARLE CORP COM 012653101   120,512 1,400 SH   SOLE   1,400 0 0
ALCOA INC. COM 013872106   940,722 24,900 SH   SOLE   16,000 0 8,900
ALEXANDRIA REAL ESTATE EQUIT COM 015271109   760,890 7,800 SH   SOLE   5,000 0 2,800
ALLIANZ SE - UNSP ADR ADR 018820100   79,740 2,611 SH   SOLE   0 0 2,611
ALLIANZ SE-REG COM 005231485   1,071,496 3,497 SH   SOLE   791 0 2,706
ALLSTATE CORP. COM 020002101   1,137,461 5,900 SH   SOLE   3,800 0 2,100
ALPHABET INC. CL A COM 02079K305   4,564,023 24,110 SH   SOLE   17,000 0 7,110
ALPHABET INC. CL C COM 02079K107   672,253 3,530 SH   SOLE   2,400 0 1,130
ALSTOM COM 00B0DJ8Q5   801,481 35,900 SH   SOLE   7,700 0 28,200
ALTRIA GROUP COM 02209S103   135,954 2,600 SH   SOLE   2,600 0 0
AMADEUS IT GROUP SA COM 00B3MSM28   1,471,673 20,839 SH   SOLE   3,700 0 17,139
AMADEUS IT GROUP-UNSP ADR ADR 02263T104   28,216 400 SH   SOLE   0 0 400
AMAZON COM COM 023135106   3,345,697 15,250 SH   SOLE   12,750 0 2,500
AMBEV SA-ADR ADR 02319V103   33,180 17,935 SH   SOLE   0 0 17,935
AMCOR PLC ADR G0250X107   29,171 3,100 SH   SOLE   0 0 3,100
AMDOCS LTD. COM G02602103   1,140,876 13,400 SH   SOLE   8,600 0 4,800
AMER EXPRESS CO. COM 025816109   712,296 2,400 SH   SOLE   2,400 0 0
AMER. ELEC. PWR COM 025537101   1,245,105 13,500 SH   SOLE   8,700 0 4,800
AMEREN CORP. COM 023608102   1,292,530 14,500 SH   SOLE   9,300 0 5,200
AMETEK AEROSPACE COM 031100100   883,274 4,900 SH   SOLE   3,200 0 1,700
AMGEN INC. COM 031162100   234,576 900 SH   SOLE   900 0 0
AMPHENOL CORP COM 032095101   187,515 2,700 SH   SOLE   2,700 0 0
ANALOG DEVICES INC. COM 032654105   705,155 3,319 SH   SOLE   2,900 0 419
ANGLO AMERICAN PLC COM 00B1XZS82   42,456 1,434 SH   SOLE   0 0 1,434
ANHEUSER BUSCH CO. ADR 035229103   10,014 200 SH   SOLE   0 0 200
ANHEUSER-BUSCH INBEV NV COM 00BYYHL23   43,967 880 SH   SOLE   0 0 880
ANZ GROUP HOLDINGS LTD-ADR ADR 03736N104   43,465 2,471 SH   SOLE   0 0 2,471
APOLLO GLOBAL MANAGEMENT COM 03769M106   356,085 2,156 SH   SOLE   700 0 1,456
APPLE INC. COM 037833100   4,218,575 16,846 SH   SOLE   12,850 0 3,996
APPLIED MATLS INC. COM 038222105   728,420 4,479 SH   SOLE   2,000 0 2,479
ARAMARK COM 03852U106   65,628 1,759 SH   SOLE   0 0 1,759
ARES MANAGEMENT CORP - A COM 03990B101   247,842 1,400 SH   SOLE   1,400 0 0
ASML HOLDING NV COM 00B929F46   1,875,054 2,668 SH   SOLE   565 0 2,103
ASSA ABLOY AB-B COM 00BYPC1T4   928,707 31,400 SH   SOLE   6,700 0 24,700
ASSOCIATED BRITISH FOODS PLC COM 000673123   1,266,533 49,500 SH   SOLE   10,600 0 38,900
ASTELLAS PHARMA INC COM 006985383   49,796 5,100 SH   SOLE   0 0 5,100
ASTRAZENECA PLC COM 000989529   1,350,343 10,300 SH   SOLE   2,200 0 8,100
ASTRAZENECA PLC ADR 046353108   78,624 1,200 SH   SOLE   0 0 1,200
AT&T INC. COM 00206R102   1,213,186 53,280 SH   SOLE   31,900 0 21,380
ATLAS COPCO AB-B SHS COM 00BLDBN52   994,147 73,500 SH   SOLE   15,800 0 57,700
ATOS SE COM 005654781   3 930 SH   SOLE   0 0 930
AUTO DATA PROCESS COM 053015103   175,638 600 SH   SOLE   600 0 0
AUTODESK INC. COM 052769106   443,355 1,500 SH   SOLE   1,500 0 0
AUTOZONE INC COM 053332102   2,241,400 700 SH   SOLE   400 0 300
AVANTOR INC. COM 05352A100   36,051 1,711 SH   SOLE   0 0 1,711
AXA -SPONS ADR ADR 054536107   64,044 1,800 SH   SOLE   0 0 1,800
AXA SA COM 007088429   1,041,132 29,296 SH   SOLE   5,900 0 23,396
BAE SYS PLC ADR 05523R107   45,728 800 SH   SOLE   0 0 800
BAE SYSTEMS PLC COM 000263494   1,734,688 120,600 SH   SOLE   25,900 0 94,700
BAKER HUGHES A GE COM 05722G100   656,320 16,000 SH   SOLE   16,000 0 0
BANCO BILBAO VIZCAYA-SP ADR ADR 05946K101   50,544 5,200 SH   SOLE   0 0 5,200
BANCO BRADESCO ADR 059460303   4,202 2,200 SH   SOLE   0 0 2,200
BANCO DO BRASIL SA-SPON ADR ADR 059578104   6,494 1,700 SH   SOLE   0 0 1,700
BANK LEUMI LE-ISRAEL COM 006076425   69,897 5,875 SH   SOLE   0 0 5,875
BANK OF AMERICA COM 060505104   5,292,679 120,425 SH   SOLE   75,100 0 45,325
BANK OF IRELAND-UNSP ADR ADR 06279J109   10,065 1,100 SH   SOLE   0 0 1,100
BANK OF NY MELLON COM 064058100   1,920,750 25,000 SH   SOLE   16,800 0 8,200
BARCLAYS PLC ADR 06738E204   66,450 5,000 SH   SOLE   0 0 5,000
BARRY CALLEBAUT AG-REG COM 005476929   1,062,841 800 SH   SOLE   200 0 600
BASF SE-SPON ADR ADR 055262505   49,401 4,531 SH   SOLE   0 0 4,531
BAYER A G ADR 072730302   29,768 6,100 SH   SOLE   0 0 6,100
BEAZER HOMES USA COM 07556Q881   101,053 3,680 SH   SOLE   3,680 0 0
BECTON DICKINSON & CO COM 075887109   81,446 359 SH   SOLE   0 0 359
BERKSHIRE HATH. B COM 084670702   1,660,818 3,664 SH   SOLE   2,100 0 1,564
BHP GROUP LTD COM 006144690   1,268,447 51,800 SH   SOLE   11,100 0 40,700
BIOGEN IDEC INC COM 09062X103   69,579 455 SH   SOLE   0 0 455
BJS WHOLESALE CLUB COM 05550J101   822,020 9,200 SH   SOLE   5,900 0 3,300
BLACKROCK INC. COM 09290D101   191,696 187 SH   SOLE   0 0 187
BNP PARIBAS COM 007309681   47,525 775 SH   SOLE   0 0 775
BNP PARIBAS ADR 05565A202   39,910 1,300 SH   SOLE   0 0 1,300
BOEING CO. COM 097023105   84,960 480 SH   SOLE   0 0 480
BOOKING HOLDINGS INC. COM 09857L108   496,842 100 SH   SOLE   100 0 0
BOUYGUES-UNSPON ADR ADR 102117108   6,446 1,100 SH   SOLE   0 0 1,100
BP AMOCO PLC ADR 055622104   76,856 2,600 SH   SOLE   0 0 2,600
BP PLC COM 000798059   78,150 15,878 SH   SOLE   0 0 15,878
BRENNTAG SE COM 00B4YVF56   1,971,853 32,900 SH   SOLE   7,100 0 25,800
BRISTOL MYERS SQUIBB COM 110122108   2,228,916 39,408 SH   SOLE   23,000 0 16,408
BRITISH AMERN TOB PLC ADR 110448107   105,619 2,908 SH   SOLE   0 0 2,908
BROADCOM INC. COM 11135F101   3,361,680 14,500 SH   SOLE   12,400 0 2,100
BUILDERS FIRSTSOURCE COM 12008R107   1,300,663 9,100 SH   SOLE   6,200 0 2,900
C.H. ROBINSON WW COM 12541W209   888,552 8,600 SH   SOLE   5,500 0 3,100
CAESARS ENTERTAINMENT CORP COM 12769G100   755,292 22,600 SH   SOLE   14,500 0 8,100
CAP GEMINI COM 004163437   1,391,997 8,500 SH   SOLE   1,800 0 6,700
CARGURUS INC COM 141788109   127,890 3,500 SH   SOLE   3,500 0 0
CARLISLE COS. COM 142339100   147,167 399 SH   SOLE   0 0 399
CARLYLE GROUP INC COM 14316J108   191,862 3,800 SH   SOLE   3,800 0 0
CARMAX GROUP COM 143130102   40,471 495 SH   SOLE   0 0 495
CARREFOUR SA-SP ADR ADR 144430204   7,228 2,600 SH   SOLE   0 0 2,600
CARRIER GLOBAL CORP COM 14448C104   102,390 1,500 SH   SOLE   1,500 0 0
CATERPILLAR TRACTOR COM 149123101   1,305,936 3,600 SH   SOLE   2,500 0 1,100
CBRE GROUP INC - A COM 12504L109   183,806 1,400 SH   SOLE   1,400 0 0
CELANESE CORP COM 150870103   28,722 415 SH   SOLE   0 0 415
CHARLES RIV LABS INTL. COM 159864107   32,490 176 SH   SOLE   0 0 176
CHARLES SCHWAB COM 808513105   3,578,383 48,350 SH   SOLE   32,350 0 16,000
CHECK POINT SOFTWARE ADR M22465104   858,820 4,600 SH   SOLE   1,000 0 3,600
CHENIERE ENERGY INC COM 16411R208   494,201 2,300 SH   SOLE   2,300 0 0
CHEVRON CORP COM 166764100   2,654,628 18,328 SH   SOLE   11,198 0 7,130
CHIPOTLE MEXICAN GRILL COM 169656105   138,690 2,300 SH   SOLE   2,300 0 0
CHUBU ELECTRIC POWER CO. COM 006195609   47,402 4,500 SH   SOLE   0 0 4,500
CIE FINANCIERE RICH-UNSP ADR ADR 204319107   77,038 5,075 SH   SOLE   0 0 5,075
CIE FINANCIERE RICHEMONT-REG COM 00BCRWZ18   1,734,687 11,400 SH   SOLE   0 0 11,400
CIGNA CORP. COM 125523100   1,622,322 5,875 SH   SOLE   3,300 0 2,575
CISCO SYSTEMS COM 17275R102   828,800 14,000 SH   SOLE   9,000 0 5,000
CITIGROUP INC. COM 172967424   1,330,371 18,900 SH   SOLE   12,100 0 6,800
CITIZENS FINANCIAL GROUP COM 174610105   76,536 1,749 SH   SOLE   0 0 1,749
CK HUTCHISON HOLDIN-UNSP ADR ADR 12562Y100   22,833 4,300 SH   SOLE   0 0 4,300
CLP HOLDINGS LTD COM 006097017   43,293 5,150 SH   SOLE   0 0 5,150
COCA COLA COMPANY COM 191216100   2,446,818 39,300 SH   SOLE   25,300 0 14,000
COGNIZANT TECH. COM 192446102   1,038,150 13,500 SH   SOLE   8,700 0 4,800
COMCAST CORP-Cl A COM 20030N101   769,365 20,500 SH   SOLE   20,500 0 0
COMMERZBANK AG COM 00B90LKT4   124,844 7,667 SH   SOLE   0 0 7,667
COMPASS GROUP PLC COM 00BD6K457   2,650,441 79,500 SH   SOLE   17,100 0 62,400
COMPASS GROUP PLC-SPON ADR ADR 20449X401   30,231 900 SH   SOLE   0 0 900
COMPASS MINERALS INTL COM 20451N101   16,380 1,456 SH   SOLE   0 0 1,456
CONOCOPHILLIPS COM 20825C104   1,180,123 11,900 SH   SOLE   7,600 0 4,300
CONSTELLATION ENERGY COM 21037T109   100,893 451 SH   SOLE   0 0 451
CONTINENTAL AG ADR 210771200   29,084 4,400 SH   SOLE   0 0 4,400
CORTEVA INC. COM 22052L104   1,839,808 32,300 SH   SOLE   20,700 0 11,600
COSTAR GROUP INC COM 22160N109   128,862 1,800 SH   SOLE   1,800 0 0
COSTCO WHOLESALE COM 22160K105   990,488 1,081 SH   SOLE   800 0 281
COVESTRO AG-SPON ADR ADR 22304D207   63,712 2,200 SH   SOLE   0 0 2,200
CREDIT AGRICOLE SA COM 007262610   49,969 3,631 SH   SOLE   0 0 3,631
CROWN CASTLE INTL COM 22822V101   127,064 1,400 SH   SOLE   1,400 0 0
CURTISS WRIGHT CORP COM 231561101   141,948 400 SH   SOLE   400 0 0
CVS CAREMARK CORP COM 126650100   579,081 12,900 SH   SOLE   8,300 0 4,600
DAI-ICHI LIFE HOLDINGS COM 00B601QS4   64,673 2,400 SH   SOLE   0 0 2,400
DANONE COM 00B1Y9TB3   1,544,187 22,900 SH   SOLE   4,900 0 18,000
DANONE-SPONS ADR ADR 23636T100   30,797 2,300 SH   SOLE   0 0 2,300
DANSKE BANK A/S - SPON ADR ADR 236363206   16,980 1,200 SH   SOLE   0 0 1,200
DBS GP HLDGS-SPON ADR ADR 23304Y100   28,169 220 SH   SOLE   0 0 220
DBS GROUP HOLDINGS LTD COM 006175203   1,983,777 61,900 SH   SOLE   13,300 0 48,600
DECKERS OUTDOOR CORP COM 243537107   121,854 600 SH   SOLE   600 0 0
DEERE & CO. COM 244199105   1,355,840 3,200 SH   SOLE   2,100 0 1,100
DEUTSCHE BOERSE AG COM 007021963   73,004 317 SH   SOLE   0 0 317
DEUTSCHE TELEKOM AG-REG COM 005842359   1,476,574 49,358 SH   SOLE   10,100 0 39,258
DEUTSCHE TELEKOM AG-SPON ADR ADR 251566105   29,850 1,000 SH   SOLE   0 0 1,000
DEVON ENERGY (NEW) COM 25179M103   253,003 7,730 SH   SOLE   0 0 7,730
DEXCOM INC COM 252131107   39,196 504 SH   SOLE   0 0 504
DHL GROUP - ADR ADR 25157Y202   24,430 700 SH   SOLE   0 0 700
DIAGEO PLC ADR 25243Q205   12,713 100 SH   SOLE   0 0 100
DISCOVER FINCL SERVICES COM 254709108   136,678 789 SH   SOLE   0 0 789
DISNEY WALT PRODTNS COM 254687106   2,304,945 20,700 SH   SOLE   13,700 0 7,000
DOVER CORP. COM 260003108   1,144,360 6,100 SH   SOLE   4,000 0 2,100
DTE ENERGY CO. COM 233331107   1,352,400 11,200 SH   SOLE   7,200 0 4,000
DUKE ENERGY CORP. COM 26441C204   1,486,812 13,800 SH   SOLE   8,900 0 4,900
DUPONT DE NEMOURS COM 26614N102   96,532 1,266 SH   SOLE   0 0 1,266
E ON AG ADR 268780103   17,460 1,500 SH   SOLE   0 0 1,500
E.ON SE COM 004942904   46,821 4,021 SH   SOLE   0 0 4,021
EASTMAN CHEM CO COM 277432100   54,701 599 SH   SOLE   0 0 599
EIFFAGE COM 00B13X013   1,061,504 12,100 SH   SOLE   2,600 0 9,500
ELI LILLY & CO. COM 532457108   270,200 350 SH   SOLE   350 0 0
EMBECTA CORP. COM 29082K105   1,466 71 SH   SOLE   0 0 71
EMERSON ELEC CO. COM 291011104   856,108 6,908 SH   SOLE   5,000 0 1,908
ENCOMPASS HEALTH CORP COM 29261A100   1,034,320 11,200 SH   SOLE   7,200 0 4,000
ENEL SPA COM 007144569   1,159,412 162,600 SH   SOLE   34,900 0 127,700
ENEL SPA - UNSPON ADR ADR 29265W207   71,508 10,100 SH   SOLE   0 0 10,100
ENEOS HOLDINGS INC COM 00B627LW9   1,104,117 210,000 SH   SOLE   45,000 0 165,000
ENGIE COM 00B0C2CQ3   1,171,574 73,900 SH   SOLE   15,900 0 58,000
ENI SPA COM 007145056   50,735 3,743 SH   SOLE   0 0 3,743
ENTERGY CORP. COM 29364G103   1,258,612 16,600 SH   SOLE   12,400 0 4,200
EOG RESOURCES INC. COM 26875P101   2,145,150 17,500 SH   SOLE   11,200 0 6,300
EQUINIX INC COM 29444U700   185,749 197 SH   SOLE   0 0 197
ESSITY AKTIEBOLAG-B COM 00BF1K7P7   950,051 35,500 SH   SOLE   7,600 0 27,900
EURONEXT NV COM 00BNBNSG0   885,943 7,900 SH   SOLE   1,700 0 6,200
EXELON CORP. COM 30161N101   49,120 1,305 SH   SOLE   0 0 1,305
EXPERIAN PLC COM 00B19NLV4   1,039,799 24,100 SH   SOLE   5,200 0 18,900
EXXON MOBIL CORP. COM 30231G102   2,608,572 24,250 SH   SOLE   13,550 0 10,700
FANUC CORP COM 006356934   1,089,177 41,000 SH   SOLE   9,000 0 32,000
FANUC CORP-UNSP ADR ADR 307305102   29,992 2,300 SH   SOLE   0 0 2,300
FEDEX CORPORATION COM 31428X106   1,350,384 4,800 SH   SOLE   3,500 0 1,300
FIDELITY NAT'L INFO SVCS COM 31620M106   57,912 717 SH   SOLE   0 0 717
FIFTH THIRD BANCORP COM 316773100   77,119 1,824 SH   SOLE   0 0 1,824
FIRST CITZENS BCSHS A COM 31946M103   633,906 300 SH   SOLE   200 0 100
FIRST HAWAIIAN INC COM 32051X108   199,815 7,700 SH   SOLE   7,700 0 0
FLUOR CORP. COM 343412102   192,348 3,900 SH   SOLE   3,900 0 0
FORTREA HOLDINGS INC COM 34965K107   9,344 501 SH   SOLE   0 0 501
FORVIA COM 004400446   9,653 1,074 SH   SOLE   0 0 1,074
FRESENIUS MEDICAL CARE ADR 358029106   40,752 1,800 SH   SOLE   0 0 1,800
FRESENIUS MEDICAL CARE AG & COM 005129074   31,872 697 SH   SOLE   0 0 697
FRPT MCMORAN CPR COM 35671D857   879,648 23,100 SH   SOLE   23,100 0 0
FUJI HEAVY INDUS-UNSPONS ADR ADR 359556206   29,667 3,300 SH   SOLE   0 0 3,300
FUJITSU LTD COM 006356945   890,653 50,000 SH   SOLE   11,000 0 39,000
GALP ENERGIA SGPS-UNSPON ADR ADR 364097105   51,336 6,200 SH   SOLE   0 0 6,200
GARMIN LTD COM H2906T109   1,711,958 8,300 SH   SOLE   1,900 0 6,400
GE HEALTHCARE TECHNOLOG-W/I COM 36266G107   60,824 778 SH   SOLE   0 0 778
GE VERNOVA INC. COM 36828A101   196,042 596 SH   SOLE   0 0 596
GENERAL DYNAMICS COM 369550108   212,373 806 SH   SOLE   0 0 806
GENERAL ELECTRIC CO. COM 369604301   814,602 4,884 SH   SOLE   2,500 0 2,384
GETLINK SE COM 00B292JQ9   1,070,371 67,100 SH   SOLE   14,400 0 52,700
GILEAD SCIENCES INC. COM 375558103   979,122 10,600 SH   SOLE   7,400 0 3,200
GLAXOSMITHKLINE PLC ADR 37733W105   43,966 1,300 SH   SOLE   0 0 1,300
GOLD FIELDS LTD ADR 38059T106   80,758 6,118 SH   SOLE   0 0 6,118
GOLDMAN SACHS GROUP COM 38141G104   3,952,223 6,902 SH   SOLE   4,400 0 2,502
GROUP 1 AUTOMOTIVE INC COM 398905109   295,036 700 SH   SOLE   700 0 0
GROUPE BRUXELLES LAMBERT SA COM 007097328   1,492,374 21,820 SH   SOLE   4,665 0 17,155
GSK PLC COM 00BN7SWP6   1,036,705 61,476 SH   SOLE   12,400 0 49,076
HALEON PLC COM 00BMX86B7   22,309 4,720 SH   SOLE   0 0 4,720
HCA INC. COM 40412C101   690,345 2,300 SH   SOLE   1,500 0 800
HITACHI LIMITED ADR 433578507   144,670 2,925 SH   SOLE   0 0 2,925
HITACHI LTD COM 006429104   1,252,545 50,000 SH   SOLE   11,000 0 39,000
HOLCIM LTD COM 007110753   2,072,541 21,500 SH   SOLE   4,600 0 16,900
HOME DEPOT INC. COM 437076102   2,057,757 5,290 SH   SOLE   3,550 0 1,740
HONDA MOTOR ADR 438128308   22,840 800 SH   SOLE   0 0 800
HONDA MOTOR CO COM 006435145   67,393 6,900 SH   SOLE   0 0 6,900
HONEYWELL INT'L COM 438516106   487,245 2,157 SH   SOLE   1,800 0 357
HONG KONG EXCHANGES & CLEAR COM 006267359   28,463 750 SH   SOLE   0 0 750
HOWMET AEROSPACE INC COM 443201108   120,307 1,100 SH   SOLE   1,100 0 0
HSBC HOLDINGS PLC COM 000540528   1,002,196 101,900 SH   SOLE   21,900 0 80,000
HSBC HOLDINGS PLC-SPONS ADR ADR 404280406   34,622 700 SH   SOLE   0 0 700
HUMANA INC. COM 444859102   659,646 2,600 SH   SOLE   1,700 0 900
IBERDROLA SA COM 00B288C92   9,527 692 SH   SOLE   692 0 0
IBERDROLA SA-SP ADR ADR 450737101   16,542 300 SH   SOLE   0 0 300
IMERYS SA COM 00B011GL4   33,786 1,157 SH   SOLE   0 0 1,157
IMPERIAL BRANDS PLC COM 000454492   76,066 2,379 SH   SOLE   0 0 2,379
IMPERIAL BRANDS PLC-SPON ADR ADR 45262P102   38,460 1,200 SH   SOLE   0 0 1,200
INDITEX-UNSPON ADR ADR 455793109   20,408 800 SH   SOLE   0 0 800
INDUSTRIA DE DISENO TEXTIL COM 00BP9DL90   1,398,140 27,200 SH   SOLE   5,800 0 21,400
INFINEON TECHNOLOGIES ADR 45662N103   29,187 900 SH   SOLE   0 0 900
ING GROEP ADR ADR 456837103   81,484 5,200 SH   SOLE   0 0 5,200
ING GROEP NV-CVA COM 00BZ57390   1,150,781 73,452 SH   SOLE   15,009 0 58,443
INGERSOLL RAND CO. COM 45687V106   1,519,728 16,800 SH   SOLE   10,800 0 6,000
INGREDION INC COM 457187102   962,920 7,000 SH   SOLE   4,500 0 2,500
INPEX CORP. COM 00B10RB15   82,752 6,600 SH   SOLE   0 0 6,600
INT'L BUSINESS MACH. COM 459200101   131,898 600 SH   SOLE   600 0 0
INTEL CORP. COM 458140100   162,445 8,102 SH   SOLE   5,100 0 3,002
INTERCONTINENTALEXCH COM 45866F104   950,833 6,381 SH   SOLE   3,800 0 2,581
INTUITIVE SURGICAL INC COM 46120E602   208,784 400 SH   SOLE   400 0 0
INVITATION HOMES INC COM 46187W107   914,342 28,600 SH   SOLE   18,400 0 10,200
IQVIA HOLDINGS INC. COM 46266C105   78,211 398 SH   SOLE   0 0 398
ISUZU MTRS LTD ADR 465254209   19,425 1,400 SH   SOLE   0 0 1,400
ITOCHU CORP COM 006467803   119,603 2,400 SH   SOLE   0 0 2,400
J. SAINSBURY PLC-SPONS ADR ADR 466249208   33,432 2,400 SH   SOLE   0 0 2,400
JAPAN POST BANK CO LTD COM 00BYT8165   58,007 6,100 SH   SOLE   0 0 6,100
JOHNSON & JOHNSON COM 478160104   1,540,203 10,650 SH   SOLE   6,800 0 3,850
JONES LANG LASALLE INC COM 48020Q107   227,826 900 SH   SOLE   900 0 0
JPMORGAN CHASE & CO COM 46625H100   6,805,607 28,391 SH   SOLE   17,800 0 10,591
JULIUS BAER GROUP LTD-UN ADR ADR 48137C108   20,603 1,600 SH   SOLE   0 0 1,600
KASIKORNBANK PCL-UNSPON ADR ADR 485785109   21,042 1,200 SH   SOLE   0 0 1,200
KB FINANCIAL GROUP ADR 48241A105   34,140 600 SH   SOLE   0 0 600
KBC GROEP NV COM 004497749   941,671 12,200 SH   SOLE   2,600 0 9,600
KDDI CORP-UNSPONSORED ADR ADR 48667L106   56,425 3,551 SH   SOLE   0 0 3,551
KELLOGG CO COM 487836108   117,973 1,457 SH   SOLE   0 0 1,457
KERING-UNSPON ADR ADR 492089107   4,926 200 SH   SOLE   0 0 200
KEYSIGHT TECHNOLOGIES COM 49338L103   883,465 5,500 SH   SOLE   3,500 0 2,000
KKR & CO. COM 48251W104   769,724 5,204 SH   SOLE   3,750 0 1,454
KLA INSTRUMENT CORP COM 482480100   126,024 200 SH   SOLE   200 0 0
KOMATSU LTD ADR 500458401   49,176 1,800 SH   SOLE   0 0 1,800
KONINKLIJKE PHILIPS ELEC ADR 500472303   59,325 2,343 SH   SOLE   0 0 2,343
KROGER CO. COM 501044101   1,320,840 21,600 SH   SOLE   13,900 0 7,700
LABCORP HOLDINGS COM 504922105   2,041,177 8,901 SH   SOLE   5,400 0 3,501
LANXESS AG COM 00B05M8B7   17,751 727 SH   SOLE   0 0 727
LAS VEGAS SANDS CORP COM 517834107   102,720 2,000 SH   SOLE   2,000 0 0
LAZARD INC COM 52110M109   674,388 13,100 SH   SOLE   8,400 0 4,700
LEAR CORP. COM 521865204   38,543 407 SH   SOLE   0 0 407
LEGAL & GENERAL GROUP PLC COM 000560399   37,918 13,175 SH   SOLE   0 0 13,175
LENNAR CORP. COM 526057104   1,772,810 13,000 SH   SOLE   9,400 0 3,600
LENNOX INTL INC COM 526107107   121,860 200 SH   SOLE   200 0 0
LIBERTY MEDIA CORP-LIB-NEW-C COM 531229755   240,916 2,600 SH   SOLE   2,600 0 0
LINDE PLC ADR G54950103   120,577 288 SH   SOLE   0 0 288
LIVE NATION INC COM 538034109   394,068 3,043 SH   SOLE   2,100 0 943
LOCKHEED MARTIN COM 539830109   534,534 1,100 SH   SOLE   1,100 0 0
LONDON STOCK EXCHANGE GP COM 00B0SWJX3   1,413,333 10,000 SH   SOLE   2,100 0 7,900
LOWES COS INC. COM 548661107   2,202,196 8,923 SH   SOLE   5,300 0 3,623
M & T BANK CORP. COM 55261F104   770,841 4,100 SH   SOLE   2,600 0 1,500
M&G PLC COM 00BKFB1C6   45,044 18,174 SH   SOLE   0 0 18,174
MACQUARIE GROUP LTD COM 00B28YTC2   56,129 409 SH   SOLE   0 0 409
MARATHON PETROLEUM CORP COM 56585A102   990,450 7,100 SH   SOLE   5,000 0 2,100
MARRIOTT INTL NEW-A COM 571903202   223,152 800 SH   SOLE   800 0 0
MASTERCARD INC. COM 57636Q104   947,299 1,799 SH   SOLE   1,585 0 214
MCDONALDS CORP. COM 580135101   1,853,267 6,393 SH   SOLE   3,800 0 2,593
MCKESSON CORP COM 58155Q103   1,025,838 1,800 SH   SOLE   1,600 0 200
MERCK & CO. INC. COM 58933Y105   3,410,970 34,288 SH   SOLE   21,200 0 13,088
MERCK KGAA COM 004741844   1,072,012 7,400 SH   SOLE   1,600 0 5,800
META PLATFORMS INC CL A COM 30303M102   293,341 501 SH   SOLE   0 0 501
MICHELIN (CGDE)-UNSPON ADR ADR 59410T106   40,975 2,500 SH   SOLE   0 0 2,500
MICROCHIP TECH COM 595017104   166,315 2,900 SH   SOLE   2,900 0 0
MICRON TECHNOLOGY COM 595112103   1,380,224 16,400 SH   SOLE   11,300 0 5,100
MICROSOFT CORP. COM 594918104   3,098,025 7,350 SH   SOLE   6,050 0 1,300
MID-AMER APART CMNTY COM 59522J103   1,035,310 6,698 SH   SOLE   4,000 0 2,698
MIDSOUTH BANKCORP COM 620076307   184,892 400 SH   SOLE   400 0 0
MITSUBISHI CORP COM 006596785   89,473 5,400 SH   SOLE   0 0 5,400
MITSUBISHI UFJ FINCL GP COM 006335171   106,889 9,100 SH   SOLE   0 0 9,100
MIZUHO FINANCIAL GROUP COM 006591014   91,182 3,700 SH   SOLE   0 0 3,700
MONDELEZ INTERNATIONAL CL A COM 609207105   1,335,921 22,366 SH   SOLE   12,600 0 9,766
MORGAN STANLEY COM 617446448   2,916,704 23,200 SH   SOLE   17,500 0 5,700
MS&AD INSURANCE-UNSPONS ADR ADR 553491101   11,973 550 SH   SOLE   0 0 550
MUENCHENER RUECK-UNSPON ADR ADR 626188106   90,481 9,030 SH   SOLE   0 0 9,030
MURATA MANUFACTUR-UNSPON ADR ADR 626425102   20,374 2,550 SH   SOLE   0 0 2,550
NATIONAL GRID PLC COM 00BDR05C0   1,093,741 91,928 SH   SOLE   18,000 0 73,928
NATIONAL GRID PLC ADR 636274409   48,487 816 SH   SOLE   0 0 816
NATWEST GROUP PLC -SPON ADR ADR 639057207   33,561 3,300 SH   SOLE   0 0 3,300
NESTLE S A ADR 641069406   93,955 1,150 SH   SOLE   0 0 1,150
NETAPP INC COM 64110D104   162,512 1,400 SH   SOLE   1,400 0 0
NETFLIX COM INC COM 64110L106   267,396 300 SH   SOLE   300 0 0
NEXT PLC COM 003208986   1,391,749 11,700 SH   SOLE   2,500 0 9,200
NEXTERA ENERGY INC COM 65339F101   1,699,053 23,700 SH   SOLE   15,200 0 8,500
NIKE INC B COM 654106103   1,564,023 20,669 SH   SOLE   12,900 0 7,769
NINTENDO CO LTD COM 006639550   1,061,033 18,000 SH   SOLE   4,000 0 14,000
NIPPON TELEGRAPH & TELEPHONE COM 006641373   70,374 70,000 SH   SOLE   0 0 70,000
NISSAN MOTOR CO LTD COM 006642860   29,015 9,500 SH   SOLE   0 0 9,500
NITTO DENKO CORP COM 006641801   1,159,583 68,000 SH   SOLE   15,000 0 53,000
NOKIA SPON. ADR ADR 654902204   33,225 7,500 SH   SOLE   0 0 7,500
NORDSTROM INC. COM 655664100   203,029 8,407 SH   SOLE   0 0 8,407
NORFOLK SOUTHERN CORP COM 655844108   1,314,320 5,600 SH   SOLE   3,600 0 2,000
NORSK HYDRO ASA COM 00B11HK39   36,437 6,617 SH   SOLE   0 0 6,617
NOV INC. COM 62955J103   134,860 9,237 SH   SOLE   0 0 9,237
NOVARTIS A G ADR 66987V109   216,807 2,228 SH   SOLE   0 0 2,228
NOVARTIS AG-REG COM 007103065   3,475,963 35,514 SH   SOLE   7,600 0 27,914
NRG ENERGY COM 629377508   108,264 1,200 SH   SOLE   1,200 0 0
NVIDIA CORP COM 67066G104   3,299,505 24,570 SH   SOLE   18,500 0 6,070
NXP SEMICONDUCTORS NV ADR N6596X109   41,570 200 SH   SOLE   0 0 200
OLD DOMINION FGHT LINE COM 679580100   776,160 4,400 SH   SOLE   2,800 0 1,600
OMNICOM GROUP COM 681919106   800,172 9,300 SH   SOLE   6,000 0 3,300
ON SEMICONDUCTOR CORP COM 682189105   119,795 1,900 SH   SOLE   1,900 0 0
ONEOK INC. COM 682680103   150,600 1,500 SH   SOLE   1,500 0 0
ORACLE SYSTEMS COM 68389X105   1,791,380 10,750 SH   SOLE   7,550 0 3,200
ORANGE COM 005176177   914,230 91,700 SH   SOLE   19,700 0 72,000
ORANGE S.A. ADR 684060106   47,055 4,782 SH   SOLE   0 0 4,782
ORIX - SPON ADR ADR 686330101   1,540,335 14,500 SH   SOLE   3,100 0 11,400
OTSUKA HOLDINGS CO LTD COM 00B5LTM93   930,262 17,000 SH   SOLE   4,000 0 13,000
OVERSEA-CHINESE BANKING CORP COM 00B0F9V20   1,211,193 99,000 SH   SOLE   21,300 0 77,700
OVINTIV INC COM 69047Q102   170,100 4,200 SH   SOLE   4,200 0 0
PACCAR INC. COM 693718108   946,582 9,100 SH   SOLE   5,900 0 3,200
PACKAGING CORP OF AMERICA COM 695156109   135,078 600 SH   SOLE   600 0 0
PALANTIR TECHNOLOGIES INC COM 69608A108   1,512,600 20,000 SH   SOLE   20,000 0 0
PALO ALTO NETWORKS INC COM 697435105   327,528 1,800 SH   SOLE   1,800 0 0
PARAMOUNT GLOBAL-CLASS B COM 92556H206   25,104 2,400 SH   SOLE   0 0 2,400
PARKER HANNIFIN COM 701094104   3,116,547 4,900 SH   SOLE   3,600 0 1,300
PAYCHEX INC. COM 704326107   69,689 497 SH   SOLE   0 0 497
PAYPAL HOLDINGS INC COM 70450Y103   24,239 284 SH   SOLE   0 0 284
PEARSON PLC COM 000677608   1,419,330 88,400 SH   SOLE   19,000 0 69,400
PENN ENTERTAINMENT INC. COM 707569109   17,541 885 SH   SOLE   0 0 885
PEPSICO INC. COM 713448108   1,370,213 9,011 SH   SOLE   5,500 0 3,511
PERSIMMON PLC-UNSPON ADR ADR 715318101   18,000 600 SH   SOLE   0 0 600
PFIZER INC. COM 717081103   1,144,318 43,133 SH   SOLE   25,700 0 17,433
PHILIP MORRIS INT'L COM 718172109   986,870 8,200 SH   SOLE   5,300 0 2,900
PLAINS ALL AMER PIPELINE LP COM 726503105   241,887 14,162 SH   SOLE   0 0 14,162
PNC FINCL SVCS COM 693475105   2,005,640 10,400 SH   SOLE   6,700 0 3,700
POSCO-ADR ADR 693483109   17,344 400 SH   SOLE   0 0 400
PROCTOR & GAMBLE COM 742718109   1,541,206 9,193 SH   SOLE   5,200 0 3,993
PROGRESSIVE CORP. COM 743315103   2,228,373 9,300 SH   SOLE   6,400 0 2,900
PROLOGIS TR COM 74340W103   126,417 1,196 SH   SOLE   0 0 1,196
PROSUS NV -SPON ADR ADR 74365P108   32,149 4,049 SH   SOLE   0 0 4,049
PRUDENTIAL PLC-ADR ADR 74435K204   52,602 3,300 SH   SOLE   0 0 3,300
PRYSMIAN SPA COM 00B1W4V69   957,734 15,000 SH   SOLE   3,200 0 11,800
PUBLICIS GROUPE COM 004380429   906,580 8,500 SH   SOLE   1,800 0 6,700
PUBLICIS GROUPE-ADR ADR 74463M106   18,571 700 SH   SOLE   0 0 700
PULTE HOMES INC COM 745867101   217,800 2,000 SH   SOLE   2,000 0 0
QORVO INC COM 74736K101   202,797 2,900 SH   SOLE   2,900 0 0
QUALCOMM INC. COM 747525103   1,444,028 9,400 SH   SOLE   6,900 0 2,500
QUANTA SVCS INC COM 74762E102   189,630 600 SH   SOLE   600 0 0
RALPH LAUREN CORP COM 751212101   115,490 500 SH   SOLE   500 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   1,627,370 14,063 SH   SOLE   8,450 0 5,613
RECKITT BENCKISER GROUP PLC COM 00B24CGK7   932,139 15,400 SH   SOLE   3,300 0 12,100
RECKITT BENCKISER-SPON ADR ADR 756255204   75,942 6,318 SH   SOLE   0 0 6,318
RED ELECTRICA CORPORACION SA COM 00BD6FXN3   42,031 2,460 SH   SOLE   0 0 2,460
RELX PLC - SPON ADR ADR 759530108   3,706,272 81,600 SH   SOLE   17,400 0 64,200
RENAULT SA COM 004712798   68,842 1,413 SH   SOLE   0 0 1,413
RENESAS ELECTRONICS CORP COM 006635677   898,502 69,000 SH   SOLE   15,000 0 54,000
REPUBLIC SVCS COM 760759100   113,063 562 SH   SOLE   0 0 562
REXEL SA - UNSPON ADR ADR 761681105   43,392 1,700 SH   SOLE   0 0 1,700
REXFORD INDUSTRIAL REALTY IN COM 76169C100   1,082,480 28,000 SH   SOLE   18,000 0 10,000
RHEINMETALL AG COM 005334588   1,272,837 2,000 SH   SOLE   400 0 1,600
RIO TINTO PLC SPON ADR ADR 767204100   11,762 200 SH   SOLE   0 0 200
ROBERT HALF INTL COM 770323103   1,063,946 15,100 SH   SOLE   9,700 0 5,400
ROCHE HOLDING AG-GENUSSCHEIN COM 007110388   1,637,455 5,808 SH   SOLE   1,286 0 4,522
ROCHE HOLDINGS ADR 771195104   151,763 4,351 SH   SOLE   0 0 4,351
ROCKWELL INT'L COM 773903109   1,114,581 3,900 SH   SOLE   2,500 0 1,400
RWE AKTIENGESELLSCHAF-SP ADR ADR 74975E303   11,784 400 SH   SOLE   0 0 400
RYANAIR HLDGS PLC ADR 783513203   512,182 11,750 SH   SOLE   2,300 0 9,450
RYDER SYS INC COM 783549108   188,232 1,200 SH   SOLE   1,200 0 0
RYMAN HOSPITALITY PROPERTIES COM 78377T107   740,814 7,100 SH   SOLE   4,600 0 2,500
S&P GLOBAL INC. COM 78409V104   149,409 300 SH   SOLE   300 0 0
SAFRAN SA COM 00B058TZ6   2,086,481 9,500 SH   SOLE   2,000 0 7,500
SALESFORCE COM INC COM 79466L302   3,159,418 9,450 SH   SOLE   6,500 0 2,950
SAMSUNG ELECTRONICS CO LTD COM 006771720   3,115,063 86,200 SH   SOLE   18,500 0 67,700
SANDOZ GROUP AG ADR 799926100   19,642 485 SH   SOLE   0 0 485
SANOFI AVENTIS ADR 80105N105   222,774 4,619 SH   SOLE   0 0 4,619
SANTEN PHARMACEUTICAL CO LTD COM 006776606   957,753 93,000 SH   SOLE   20,000 0 73,000
SAP AG COM 004846288   95,184 389 SH   SOLE   0 0 389
SAP AG - SPONSORED ADR ADR 803054204   1,895,817 7,700 SH   SOLE   1,600 0 6,100
SCHINDLER HDG-PART CERT COM 00B11TCY0   59,405 215 SH   SOLE   0 0 215
SCHNEIDER ELECTRIC SA ADR 80687P106   73,517 1,481 SH   SOLE   0 0 1,481
SCHRODINGER INC COM 80810D103   50,154 2,600 SH   SOLE   2,600 0 0
SEKISUI CHEMICAL CO LTD COM 006793821   1,416,582 82,000 SH   SOLE   18,000 0 64,000
SEMPRA ENERGY COM 816851109   885,972 10,100 SH   SOLE   6,500 0 3,600
SERVICENOW INC COM 81762P102   318,036 300 SH   SOLE   300 0 0
SEVEN & I HOLDINGS CO LTD COM 00B0FS5D6   1,376,743 87,000 SH   SOLE   19,000 0 68,000
SHELL PLC COM 00BP6MXD8   2,302,512 74,252 SH   SOLE   15,500 0 58,752
SHELL PLC-ADR ADR 780259305   70,043 1,118 SH   SOLE   0 0 1,118
SHINHAN FINL GP ADR 824596100   36,168 1,100 SH   SOLE   0 0 1,100
SIEMENS AG-SP ADR ADR 826197501   125,877 1,302 SH   SOLE   0 0 1,302
SIMON PPTY GP COM 828806109   281,563 1,635 SH   SOLE   0 0 1,635
SINGAPORE EXCHANGE LTD COM 006303866   1,282,218 137,300 SH   SOLE   29,500 0 107,800
SKYWORKS SOLUTIONS INC COM 83088M102   336,984 3,800 SH   SOLE   3,800 0 0
SNAM SPA COM 007251470   61,251 13,830 SH   SOLE   0 0 13,830
SOCIETE GENERALE COM 005966516   44,408 1,579 SH   SOLE   0 0 1,579
SODEXO COM 007062713   897,877 10,900 SH   SOLE   2,300 0 8,600
SOFTBANK CORP. COM 00BF5M0K5   48,092 38,000 SH   SOLE   0 0 38,000
SONY GROUP CORP - SP ADR ADR 835699307   31,740 1,500 SH   SOLE   0 0 1,500
SSE PLC COM 000790873   47,228 2,351 SH   SOLE   0 0 2,351
STANDARD CHARTERED PLC COM 000408284   105,426 8,515 SH   SOLE   0 0 8,515
STATE STREET COM 857477103   1,040,390 10,600 SH   SOLE   7,400 0 3,200
STEEL DYNAMICS INC COM 858119100   91,256 800 SH   SOLE   800 0 0
STELLANTIS NV ADR N82405106   57,798 4,429 SH   SOLE   0 0 4,429
STOCKLAND COM 006850856   996,188 335,200 SH   SOLE   72,000 0 263,200
STRYKER CORP. COM 863667101   1,188,165 3,300 SH   SOLE   2,200 0 1,100
SUMITOMO CORP COM 006858946   1,221,481 56,000 SH   SOLE   12,000 0 44,000
SUMITOMO METAL MININ-UNS ADR ADR 86563T104   13,584 2,400 SH   SOLE   0 0 2,400
SUMITOMO MITSUI FINCL GP COM 006563024   1,288,516 53,800 SH   SOLE   10,000 0 43,800
SUMITOMO MITSUI-SPONS ADR ADR 86562M209   91,287 6,300 SH   SOLE   0 0 6,300
SUZUKI MOTOR CORP COM 006865504   1,252,863 110,000 SH   SOLE   24,000 0 86,000
SVENSKA HANDELSBANKEN-A SHS COM 00BXDZ9Q1   1,009,783 97,700 SH   SOLE   21,000 0 76,700
SWEDBANK AB-ADR ADR 870195104   5,925 300 SH   SOLE   0 0 300
SWIRE PACIFIC LTD - CL A COM 006867748   75,729 8,350 SH   SOLE   0 0 8,350
SWISS RE AG COM 00B545MG5   984,452 6,800 SH   SOLE   1,500 0 5,300
SYMRISE AG COM 00B1JB4K8   42,624 401 SH   SOLE   0 0 401
SYNCHRONY FINANCIAL COM 87165B103   110,500 1,700 SH   SOLE   1,700 0 0
T-MOBILE US INC COM 872590104   3,046,074 13,800 SH   SOLE   8,900 0 4,900
TAKEDA PHARMACEUTIC-SP ADR ADR 874060205   33,100 2,500 SH   SOLE   0 0 2,500
TAKEDA PHARMACEUTICAL CO LTD COM 006870445   1,239,721 46,600 SH   SOLE   10,000 0 36,600
TAPESTRY INC. COM 876030107   1,313,133 20,100 SH   SOLE   12,900 0 7,200
TARGET CORP. COM 87612E106   64,210 475 SH   SOLE   0 0 475
TELENOR ASA-ADR ADR 87944W105   41,920 3,763 SH   SOLE   0 0 3,763
TELIA CO AB COM 005978384   33,684 12,135 SH   SOLE   0 0 12,135
TERUMO CORP COM 006885074   1,071,583 55,000 SH   SOLE   12,000 0 43,000
TESCO PLC COM 00BLGZ986   1,310,681 284,153 SH   SOLE   53,500 0 230,653
TESLA MOTORS COM 88160R101   390,109 966 SH   SOLE   600 0 366
TEXAS INSTRS INC. COM 882508104   1,368,823 7,300 SH   SOLE   5,700 0 1,600
TEXTRON INC. COM 883203101   856,688 11,200 SH   SOLE   7,200 0 4,000
THALES SA COM 004162791   947,576 6,600 SH   SOLE   1,400 0 5,200
THERMO FISHER SCIENTIFIC COM 883556102   4,213,863 8,100 SH   SOLE   5,200 0 2,900
TJX COMPANIES INC. COM 872540109   1,571,738 13,010 SH   SOLE   8,000 0 5,010
TOKIO MARINE HOLDINGS ADR 889094108   99,199 2,754 SH   SOLE   0 0 2,754
TOLL BROTHERS INC. COM 889478103   188,925 1,500 SH   SOLE   1,500 0 0
TORAY INDUSTRIES-UNSPON ADR ADR 890880206   16,354 1,300 SH   SOLE   0 0 1,300
TOTALENERGIES SE -SPON ADR ADR 89151E109   38,150 700 SH   SOLE   0 0 700
TOYOTA MOTOR CORP ADR 892331307   127,470 655 SH   SOLE   0 0 655
TRANSDIGM GROUP COM 893641100   126,728 100 SH   SOLE   100 0 0
TRAVELERS COMPANIES COM 89417E109   1,011,738 4,200 SH   SOLE   2,700 0 1,500
TREASURY WINE ESTATES LTD COM 00B61JC67   992,618 141,500 SH   SOLE   30,400 0 111,100
TRIMBLE NAVIGATION LTD COM 896239100   126,693 1,793 SH   SOLE   0 0 1,793
TRUIST FINANCIAL CORP. COM 89832Q109   46,981 1,083 SH   SOLE   0 0 1,083
UBER TECHNOLOGIES INC COM 90353T100   229,216 3,800 SH   SOLE   3,800 0 0
UBS AG-REG COM 00BRJL176   2,594,763 84,800 SH   SOLE   18,200 0 66,600
UBS GROUP AG-REG ADR H42097107   6,792 224 SH   SOLE   0 0 224
UNICREDIT SPA COM 00BYMXPS7   1,316,457 33,000 SH   SOLE   6,900 0 26,100
UNICREDIT SPA-ADR ADR 904678406   65,934 3,300 SH   SOLE   0 0 3,300
UNILEVER PLC ADR 904767704   22,680 400 SH   SOLE   0 0 400
UNION PACIFIC CORP. COM 907818108   957,768 4,200 SH   SOLE   2,700 0 1,500
UNITED HEALTHCARE COM 91324P102   4,744,967 9,380 SH   SOLE   6,180 0 3,200
UNITED OVERSEAS BANK-SP ADR ADR 911271302   86,731 1,626 SH   SOLE   0 0 1,626
UNITED PARCEL SERVICE COM 911312106   116,516 924 SH   SOLE   0 0 924
UNITED RENTALS COM 911363109   463,522 658 SH   SOLE   350 0 308
US FOODS HOLDING COM 912008109   843,250 12,500 SH   SOLE   8,000 0 4,500
VALEO SA COM 00BDC5ST8   17,337 1,798 SH   SOLE   0 0 1,798
VALEO SA-SPON ADR ADR 919134304   17,028 3,600 SH   SOLE   0 0 3,600
VERIZON COMM. COM 92343V104   169,878 4,248 SH   SOLE   0 0 4,248
VERTEX PHARMACEUTIC COM 92532F100   181,215 450 SH   SOLE   450 0 0
VERTIV HOLDINGS CO-A COM 92537N108   227,220 2,000 SH   SOLE   2,000 0 0
VESTIS CORP COM 29430C102   13,396 879 SH   SOLE   0 0 879
VICI PROPERTIES INC COM 925652109   1,150,874 39,400 SH   SOLE   25,300 0 14,100
VINCI S.A.- ADR ADR 927320101   61,295 2,388 SH   SOLE   0 0 2,388
VISA INC COM 92826C839   644,722 2,040 SH   SOLE   2,040 0 0
VISTRY GROUP PLC COM 000185929   22,050 3,078 SH   SOLE   0 0 3,078
VODAFONE GP PLC ADR 92857W209   27,465 3,235 SH   SOLE   0 0 3,235
VOLKSWAGEN AG-UNSP ADR PREF ADR 928662501   6,384 700 SH   SOLE   0 0 700
VONOVIA SE COM 00BBJPFY1   24,532 808 SH   SOLE   0 0 808
VOYA FINANCIAL INC. COM 929089100   164,779 2,394 SH   SOLE   0 0 2,394
WABTEC CORP COM 929740108   985,868 5,200 SH   SOLE   3,300 0 1,900
WALMART STORES INC. COM 931142103   3,879,268 42,936 SH   SOLE   26,600 0 16,336
WARNER BROS DISCOVERY COM 934423104   9,513 900 SH   SOLE   0 0 900
WELLS FARGO & CO COM 949746101   4,520,084 64,352 SH   SOLE   39,150 0 25,202
WELLTOWER INC. COM 95040Q104   1,365,913 10,838 SH   SOLE   6,300 0 4,538
WESTERN DIGITAL CORP COM 958102105   983,895 16,500 SH   SOLE   10,600 0 5,900
WEX INC. COM 96208T104   84,154 480 SH   SOLE   0 0 480
WILLIAMS SONOMA INC COM 969904101   537,022 2,900 SH   SOLE   2,900 0 0
WILLIS TOWERS WATSON PLC COM G96629103   1,722,820 5,500 SH   SOLE   1,100 0 4,400
WK KELLOGG CO COM 92942W107   6,548 364 SH   SOLE   0 0 364
WOLTERS KLUWER COM 005671519   1,096,222 6,600 SH   SOLE   1,400 0 5,200
WOODSIDE ENERGY GROUP COM 00BMGT167   1,154,517 75,800 SH   SOLE   16,300 0 59,500
WORKDAY INC-CL. A COM 98138H101   232,227 900 SH   SOLE   900 0 0
WPP PLC ADR 92937A102   37,162 723 SH   SOLE   0 0 723
WR BERKLEY CORP COM 084423102   1,041,656 17,800 SH   SOLE   11,400 0 6,400
WYNN RESORTS LTD COM 983134107   190,672 2,213 SH   SOLE   1,300 0 913
XCEL ENERGY INC COM 98389B100   837,248 12,400 SH   SOLE   8,000 0 4,400
XYLEM INC COM 98419M100   77,849 671 SH   SOLE   0 0 671
YAMAHA MOTOR CO LTD COM 006985264   1,081,347 121,000 SH   SOLE   26,000 0 95,000
YPF S.A. ADR 984245100   454,517 10,692 SH   SOLE   0 0 10,692
ZEBRA TECHNOLOGIES COM 989207105   733,818 1,900 SH   SOLE   1,200 0 700
ZURICH FINANCIAL SVCS-ADR ADR 989825104   91,623 3,086 SH   SOLE   0 0 3,086