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        Bank of America N.A.
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          N
          N
        
      
      
        Smiths Group PLC
        213800MJL6IPZS3ASA11
        
        000000000
        
          
        
        765000.00000000
        NS
        
        14501215.86000000
        0.786203355905
        Long
        EC
        CORP
        GB
        N
        
        2
        
          N
          N
          N
        
      
      
        Standard Chartered Bank
        RILFO74KP1CM8P6PCT96
        
        000000000
        
          
        
        1.00000000
        NC
        
        -21969.54000000
        -0.00119110881
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Standard Chartered Bank
              RILFO74KP1CM8P6PCT96
            
            1642668.00000000
            CHF
            1761031.88000000
            USD
            2022-06-15
            -21969.54000000
          
        
        
          N
          N
          N
        
      
      
        Standard Chartered Bank
        RILFO74KP1CM8P6PCT96
        
        000000000
        
          
        
        1.00000000
        NC
        
        -14985.42000000
        -0.00081245514
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Standard Chartered Bank
              RILFO74KP1CM8P6PCT96
            
            18100000.00000000
            CNY
            2803680.41000000
            USD
            2023-01-11
            -14985.42000000
          
        
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        -15115.70000000
        -0.00081951845
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            18100000.00000000
            CNY
            2803550.13000000
            USD
            2023-01-11
            -15115.70000000
          
        
        
          N
          N
          N
        
      
      
        TC Energy Corp
        549300UGKOFV2IWJJG27
        
        87807B107
        
          
        
        400000.00000000
        NS
        USD
        22568000.00000000
        1.223555149262
        Long
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
      
        Murata Manufacturing Co Ltd
        529900QZG6DL8ZRI7140
        
        000000000
        
          
        
        205000.00000000
        NS
        
        13551663.87000000
        0.734722089206
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -1295.86000000
        -0.00007025683
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1699833.00000000
            CHF
            1841279.74000000
            USD
            2022-05-18
            -1295.86000000
          
        
        
          N
          N
          N
        
      
      
        Fresenius Medical Care AG & Co KGaA
        549300CP8NY40UP89Q40
        
        000000000
        
          
        
        360000.00000000
        NS
        
        24142517.85000000
        1.308919799340
        Long
        EC
        CORP
        DE
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        6124.38000000
        0.000332041682
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            327286.50000000
            USD
            308000.00000000
            CHF
            2022-04-13
            6124.38000000
          
        
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        1700.81000000
        0.000092211752
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            1474835.00000000
            CHF
            1598213.92000000
            USD
            2022-04-13
            1700.81000000
          
        
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -459.25000000
        -0.00002489887
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1474832.00000000
            CHF
            1596050.61000000
            USD
            2022-04-13
            -459.25000000
          
        
        
          N
          N
          N
        
      
      
        Honda Motor Co Ltd
        549300P7ZYCQJ36CCS16
        
        000000000
        
          
        
        1540000.00000000
        NS
        
        43760970.09000000
        2.372561161393
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        Anheuser-Busch InBev SA/NV
        5493008H3828EMEXB082
        
        000000000
        
          
        
        475000.00000000
        NS
        
        28490173.22000000
        1.544633912916
        Long
        EC
        CORP
        BE
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        6166.70000000
        0.000334336119
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            327244.18000000
            USD
            308000.00000000
            CHF
            2022-04-13
            6166.70000000
          
        
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -14911.68000000
        -0.00080845723
        N/A
        DFE
        
        XX
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            4006309.15000000
            USD
            25400000.00000000
            CNY
            2022-04-27
            -14911.68000000
          
        
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        6138.31000000
        0.000332796916
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            327273.65000000
            USD
            308001.00000000
            CHF
            2022-04-13
            6138.31000000
          
        
        
          N
          N
          N
        
      
      
        Goldman Sachs Bank USA
        KD3XUN7C6T14HNAYLU02
        
        000000000
        
          
        
        1.00000000
        NC
        
        -72156.63000000
        -0.00391207090
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Goldman Sachs Bank USA
              KD3XUN7C6T14HNAYLU02
            
            55000000.00000000
            CNY
            8504696.52000000
            USD
            2023-01-11
            -72156.63000000
          
        
        
          N
          N
          N
        
      
      
        Liberty Global PLC
        549300BSGXG3QLIQYT84
        
        000000000
        
          
        
        175000.00000000
        NS
        USD
        4464250.00000000
        0.242035451749
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        18341.34000000
        0.000994400966
        N/A
        DFE
        
        XX
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            3863056.98000000
            USD
            24700000.00000000
            CNY
            2022-04-27
            18341.34000000
          
        
        
          N
          N
          N
        
      
      
        Nidec Corp
        353800IF171MZTNL6Y31
        
        000000000
        
          
        
        90000.00000000
        NS
        
        7130318.49000000
        0.386580020574
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        6039.82000000
        0.000327457145
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            327373.23000000
            USD
            308002.00000000
            CHF
            2022-04-13
            6039.82000000
          
        
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        6097.11000000
        0.000330563201
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            327313.77000000
            USD
            308000.00000000
            CHF
            2022-04-13
            6097.11000000
          
        
        
          N
          N
          N
        
      
      
        Mitsubishi Chemical Holdings Corp
        353800YNKX4RQUGAR072
        
        000000000
        
          
        
        3662800.00000000
        NS
        
        24371713.93000000
        1.321345979944
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        Standard Chartered Bank
        RILFO74KP1CM8P6PCT96
        
        000000000
        
          
        
        1.00000000
        NC
        
        -20850.11000000
        -0.00113041738
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Standard Chartered Bank
              RILFO74KP1CM8P6PCT96
            
            17500000.00000000
            CNY
            2700950.74000000
            USD
            2023-03-22
            -20850.11000000
          
        
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        5759.02000000
        0.000312233187
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            327652.94000000
            USD
            308001.00000000
            CHF
            2022-04-13
            5759.02000000
          
        
        
          N
          N
          N
        
      
      
        Prosus NV
        635400Z5LQ5F9OLVT688
        
        000000000
        
          
        
        605000.00000000
        NS
        
        32027095.94000000
        1.736393041177
        Long
        EC
        CORP
        NL
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        374.05000000
        0.000020279635
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1474832.00000000
            CHF
            1596883.91000000
            USD
            2022-04-13
            374.05000000
          
        
        
          N
          N
          N
        
      
      
        UBS Group AG
        549300SZJ9VS8SGXAN81
        
        000000000
        
          
        
        3500000.00000000
        NS
        
        68379511.93000000
        3.707289255848
        Long
        EC
        CORP
        CH
        N
        
        2
        
          N
          N
          N
        
      
      
        Standard Chartered PLC
        U4LOSYZ7YG4W3S5F2G91
        
        000000000
        
          
        
        3510765.00000000
        NS
        
        23281090.21000000
        1.262216315441
        Long
        EC
        CORP
        GB
        N
        
        2
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        -15910.83000000
        -0.00086262752
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            10350000.00000000
            CNY
            1595867.70000000
            USD
            2023-01-11
            -15910.83000000
          
        
        
          N
          N
          N
        
      
      
        Naspers Ltd
        21380044BQ8812EEKT59
        
        000000000
        
          
        
        103000.00000000
        NS
        
        11661173.79000000
        0.632226570240
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Liberty Global PLC
        549300BSGXG3QLIQYT84
        
        000000000
        
          
        
        327000.00000000
        NS
        USD
        8472570.00000000
        0.459352031681
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        JD.com Inc
        549300HVTWB0GJZ16V92
        
        47215P106
        
          
        
        425000.00000000
        NS
        USD
        24594750.00000000
        1.333438187137
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        JPMorgan Chase Bank N.A.
        7H6GLXDRUGQFU57RNE97
        
        000000000
        
          
        
        1.00000000
        NC
        
        -16212.08000000
        -0.00087896020
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              JPMorgan Chase Bank N.A.
              7H6GLXDRUGQFU57RNE97
            
            20150000.00000000
            CNY
            3117747.18000000
            USD
            2023-03-22
            -16212.08000000
          
        
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        5959.72000000
        0.000323114413
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            327451.16000000
            USD
            308000.00000000
            CHF
            2022-04-13
            5959.72000000
          
        
        
          N
          N
          N
        
      
      
        TE Connectivity Ltd
        894500ZRIX9K13RHXR17
        
        000000000
        
          
        
        162000.00000000
        NS
        USD
        21218760.00000000
        1.150404247561
        Long
        EC
        CORP
        CH
        N
        
        1
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        -15417.27000000
        -0.00083586849
        N/A
        DFE
        
        XX
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            4006814.74000000
            USD
            25400000.00000000
            CNY
            2022-04-27
            -15417.27000000
          
        
        
          N
          N
          N
        
      
      
        Baidu Inc
        254900AL64IANZYI1E02
        
        056752108
        
          
        
        200000.00000000
        NS
        USD
        26460000.00000000
        1.434565280462
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Hang Lung Group Ltd
        529900V2T2EPOQYH0981
        
        000000000
        
          
        
        4000000.00000000
        NS
        
        8475295.98000000
        0.459499824435
        Long
        EC
        CORP
        HK
        N
        
        2
        
          N
          N
          N
        
      
      
        Bayer AG
        549300J4U55H3WP1XT59
        
        000000000
        
          
        
        480000.00000000
        NS
        
        32840257.58000000
        1.780479717525
        Long
        EC
        CORP
        DE
        N
        
        2
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        5942.32000000
        0.000322171049
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            327468.56000000
            USD
            308000.00000000
            CHF
            2022-04-13
            5942.32000000
          
        
        
          N
          N
          N
        
      
      
        Sanofi
        549300E9PC51EN656011
        
        000000000
        
          
        
        715000.00000000
        NS
        
        72918740.57000000
        3.953389777655
        Long
        EC
        CORP
        FR
        N
        
        2
        
          N
          N
          N
        
      
      
        Mitsubishi Electric Corp
        549300TRXM9Y6561AX39
        
        000000000
        
          
        
        3030000.00000000
        NS
        
        34874657.86000000
        1.890777525849
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        Barclays PLC
        213800LBQA1Y9L22JB70
        
        000000000
        
          
        
        18030000.00000000
        NS
        
        35025245.25000000
        1.898941828243
        Long
        EC
        CORP
        GB
        N
        
        2
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        1063.54000000
        0.000057661283
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            1474834.00000000
            CHF
            1597575.57000000
            USD
            2022-04-13
            1063.54000000
          
        
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        -16521.26000000
        -0.00089572282
        N/A
        DFE
        
        CN
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            5626477.54000000
            USD
            35700000.00000000
            CNY
            2022-04-27
            -16521.26000000
          
        
        
          N
          N
          N
        
      
      
        GlaxoSmithKline PLC
        5493000HZTVUYLO1D793
        
        000000000
        
          
        
        3350000.00000000
        NS
        
        72239178.94000000
        3.916546409540
        Long
        EC
        CORP
        GB
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Banco Santander SA
        5493006QMFDDMYWIAM13
        
        000000000
        
          
        
        14630000.00000000
        NS
        
        49639067.00000000
        2.691250267299
        Long
        EC
        CORP
        ES
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -2505.33000000
        -0.00013582991
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1699835.00000000
            CHF
            1840072.44000000
            USD
            2022-05-18
            -2505.33000000
          
        
        
          N
          N
          N
        
      
      
        Grupo Televisa SAB
        549300O4AF0C816ILN62
        
        40049J206
        
          
        
        1850000.00000000
        NS
        USD
        21645000.00000000
        1.173513435208
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        Glencore PLC
        2138002658CPO9NBH955
        
        000000000
        
          
        
        4350000.00000000
        NS
        
        28269645.63000000
        1.532677706416
        Long
        EC
        CORP
        JE
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Brother Industries Ltd
        549300O5FACQ67KI6R92
        
        000000000
        
          
        
        385000.00000000
        NS
        
        7010940.37000000
        0.380107771662
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        Citibank N.A.
        E57ODZWZ7FF32TWEFA76
        
        000000000
        
          
        
        1.00000000
        NC
        
        -15729.61000000
        -0.00085280243
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Citibank N.A.
              E57ODZWZ7FF32TWEFA76
            
            20150000.00000000
            CNY
            3118229.65000000
            USD
            2023-03-22
            -15729.61000000
          
        
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -2329.42000000
        -0.00012629270
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1699830.00000000
            CHF
            1840242.93000000
            USD
            2022-05-18
            -2329.42000000
          
        
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        -21203.65000000
        -0.00114958503
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            1642668.00000000
            CHF
            1761797.77000000
            USD
            2022-06-15
            -21203.65000000
          
        
        
          N
          N
          N
        
      
      
        Ovintiv Inc
        N/A
        
        69047Q102
        
          
        
        475500.00000000
        NS
        USD
        25710285.00000000
        1.393918450937
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        24287.86000000
        0.001316799723
        N/A
        DFE
        
        CN
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            2882832.34000000
            USD
            18500000.00000000
            CNY
            2022-04-27
            24287.86000000
          
        
        
          N
          N
          N
        
      
      
        Vodafone Group PLC
        213800TB53ELEUKM7Q61
        
        000000000
        
          
        
        6500000.00000000
        NS
        
        10664334.94000000
        0.578181581411
        Long
        EC
        CORP
        GB
        N
        
        2
        
          N
          N
          N
        
      
      
        Credicorp Ltd
        529900UYAEYQCQ2BKB17
        
        000000000
        
          
        
        135000.00000000
        NS
        USD
        23202450.00000000
        1.257952728332
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Seven & i Holdings Co Ltd
        52990037G8JRM3TWGY86
        
        000000000
        
          
        
        195000.00000000
        NS
        
        9278143.20000000
        0.503027290320
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        Kyocera Corp
        N/A
        
        000000000
        
          
        
        335000.00000000
        NS
        
        18829917.70000000
        1.020889877792
        Long
        EC
        CORP
        JP
        N
        
        2
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        18824.63000000
        0.001020603197
        N/A
        DFE
        
        XX
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            3862573.69000000
            USD
            24700000.00000000
            CNY
            2022-04-27
            18824.63000000
          
        
        
          N
          N
          N
        
      
      
        ICICI Bank Ltd
        R7RX8ER1V4666J8D1I38
        
        000000000
        
          
        
        4729500.00000000
        NS
        
        45333013.22000000
        2.457791641124
        Long
        EC
        CORP
        IN
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -996.83000000
        -0.00005404450
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1699833.00000000
            CHF
            1841578.77000000
            USD
            2022-05-18
            -996.83000000
          
        
        
          N
          N
          N
        
      
      
        Prudential PLC
        5493001Z3ZE83NGK8Y12
        
        000000000
        
          
        
        1110000.00000000
        NS
        
        16396666.67000000
        0.888967827668
        Long
        EC
        CORP
        GB
        N
        
        2
        
          N
          N
          N
        
      
      
        Novartis AG
        5493007HIVTX6SY6XD66
        
        000000000
        
          
        
        715000.00000000
        NS
        
        62706546.14000000
        3.399721615652
        Long
        EC
        CORP
        CH
        N
        
        2
        
          N
          N
          N
        
      
      
        CK Asset Holdings Ltd
        5299006GJZSGP78B8S35
        
        000000000
        
          
        
        2534900.00000000
        NS
        
        17325332.97000000
        0.939316747967
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Teck Resources Ltd
        T8KI5SQ2JRWHL7XY0E11
        
        878742204
        
          
        
        701000.00000000
        NS
        USD
        28313390.00000000
        1.535049367581
        Long
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
      
        JPMorgan Chase Bank N.A.
        7H6GLXDRUGQFU57RNE97
        
        000000000
        
          
        
        1.00000000
        NC
        
        -20975.17000000
        -0.00113719768
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              JPMorgan Chase Bank N.A.
              7H6GLXDRUGQFU57RNE97
            
            17500000.00000000
            CNY
            2700825.68000000
            USD
            2023-03-22
            -20975.17000000
          
        
        
          N
          N
          N
        
      
      
        Booking Holdings Inc
        FXM8FAOHMYDIPD38UZ17
        
        09857L108
        
          
        
        7600.00000000
        NS
        USD
        17848220.00000000
        0.967665787228
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        JPMorgan Chase Bank N.A.
        7H6GLXDRUGQFU57RNE97
        
        000000000
        
          
        
        1.00000000
        NC
        
        -407799.83000000
        -0.02210942847
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              JPMorgan Chase Bank N.A.
              7H6GLXDRUGQFU57RNE97
            
            219778702.00000000
            CNY
            33958915.00000000
            USD
            2022-08-10
            -407799.83000000
          
        
        
          N
          N
          N
        
      
      
        Entain PLC
        213800GNI3K45LQR8L28
        
        000000000
        
          
        
        559154.00000000
        NS
        
        11993016.60000000
        0.650217884443
        Long
        EC
        CORP
        IM
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -1714.61000000
        -0.00009295993
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1699830.00000000
            CHF
            1840857.74000000
            USD
            2022-05-18
            -1714.61000000
          
        
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -1638.04000000
        -0.00008880859
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1699832.00000000
            CHF
            1840936.47000000
            USD
            2022-05-18
            -1638.04000000
          
        
        
          N
          N
          N
        
      
      
        ENGIE SA
        N/A
        
        000000000
        
          
        
        700000.00000000
        NS
        
        9241389.23000000
        0.501034623303
        Long
        EC
        CORP
        FR
        N
        
        2
        
          N
          N
          N
        
      
      
        Schneider Electric SE
        969500A1YF1XUYYXS284
        
        000000000
        
          
        
        98000.00000000
        NS
        
        16361731.58000000
        0.887073773730
        Long
        EC
        CORP
        FR
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Equinor ASA
        OW6OFBNCKXC4US5C7523
        
        000000000
        
          
        
        425000.00000000
        NS
        
        15947337.25000000
        0.864606815369
        Long
        EC
        CORP
        NO
        N
        
        2
        
          N
          N
          N
        
      
      
        Credit Suisse Group AG
        549300506SI9CRFV9Z86
        
        000000000
        
          
        
        3700000.00000000
        NS
        
        29193414.43000000
        1.582761102019
        Long
        EC
        CORP
        CH
        N
        
        2
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        1443.66000000
        0.000078270011
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            1474836.00000000
            CHF
            1597957.85000000
            USD
            2022-04-13
            1443.66000000
          
        
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        6232.64000000
        0.000337911147
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            327178.24000000
            USD
            308000.00000000
            CHF
            2022-04-13
            6232.64000000
          
        
        
          N
          N
          N
        
      
      
        Linde PLC
        8945002PAZHZLBGKGF02
        
        000000000
        
          
        
        55000.00000000
        NS
        
        17723252.50000000
        0.960890502394
        Long
        EC
        CORP
        IE
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        6055.12000000
        0.000328286656
        N/A
        DFE
        
        CH
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            327355.76000000
            USD
            308000.00000000
            CHF
            2022-04-13
            6055.12000000
          
        
        
          N
          N
          N
        
      
      
        Samsung Electronics Co Ltd
        9884007ER46L6N7EI764
        
        000000000
        
          
        
        835000.00000000
        NS
        
        43189397.26000000
        2.341572554546
        Long
        EP
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        Bank of America N.A.
        B4TYDEB6GKMZO031MB27
        
        000000000
        
          
        
        1.00000000
        NC
        
        -2133.36000000
        -0.00011566304
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Bank of America N.A.
              B4TYDEB6GKMZO031MB27
            
            1699832.00000000
            CHF
            1840441.15000000
            USD
            2022-05-18
            -2133.36000000
          
        
        
          N
          N
          N
        
      
      
        HSBC Bank USA N.A.
        1IE8VN30JCEQV1H4R804
        
        000000000
        
          
        
        1.00000000
        NC
        
        1475.69000000
        0.000080006562
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              HSBC Bank USA N.A.
              1IE8VN30JCEQV1H4R804
            
            1474834.00000000
            CHF
            1597987.72000000
            USD
            2022-04-13
            1475.69000000
          
        
        
          N
          N
          N
        
      
      
        Standard Chartered Bank
        RILFO74KP1CM8P6PCT96
        
        000000000
        
          
        
        1.00000000
        NC
        
        -21428.50000000
        -0.00116177559
        N/A
        DFE
        
        US
        N
        
        2
        
          
            
              Standard Chartered Bank
              RILFO74KP1CM8P6PCT96
            
            1642669.00000000
            CHF
            1761574.01000000
            USD
            2022-06-15
            -21428.50000000
          
        
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-04-28
      NORTHWESTERN MUTUAL SERIES FUND INC
      Phillip Rinzel
      Phillip Rinzel
      Controller and Chief Accounting Officer
    
  
  XXXX

International Equity Portfolio

SCHEDULE OF INVESTMENTS

March 31, 2022 (unaudited)

 

---

International Equity Portfolio

 

 

 

Investments by Country of Risk as a Percentage on Net Assets:
Switzerland			15.2%
United Kingdom			11.7%
Japan			11.3%
United States			10.3%
France			9.4%
China			7.3%
Canada			6.6%
Other			27.4%
Total			99.2%

Over the Counter Derivatives

Forward Foreign Currency Contracts

Type		Counterparty		Currency		Foreign Principal Amount Covered by Contract (000s)				USD Principal Amount Covered by Contract (000’s)				Settlement Date				Unrealized  Appreciation  (000’s)				Unrealized (Depreciation) (000’s)				Net Unrealized Appreciation/ (Depreciation) (000’s)
Buy		Bank of America NA		CHF			4,004				4,330				4/13/22			$	78			$	—			$	78
Buy		Bank of America, NA		CHF			308				333				4/13/22				6				—				6
Buy		Citibank NA		CHF			308				333				4/13/22				6				—				6
Buy		HSBC Bank USA		CHF			1,232				1,333				4/13/22				24				—				24
Buy		JP Morgan Chase Bank NA		CHF			308				333				4/13/22				6				—				6
Sell		Bank of America NA		CHF			4,425				4,788				4/13/22				—π				—π				—π
Sell		Bank of America, NA		CHF			2,950				3,192				4/13/22				—π				—π				—π
Sell		HSBC Bank USA		CHF			7,374				7,980				4/13/22				7				—				7
Sell		Bank of America NA		CHF			16,998				18,420				5/18/22				—				(20	)			(20	)
Sell		HSBC Bank USA		CHF			3,285				3,566				6/15/22				—				(41	)			(41	)
Sell		Standard Chartered Bank		CHF			4,928				5,349				6/15/22				—				(64	)			(64	)
Buy		Bank of America NA		CNH			50,100				7,872				4/27/22				18				(15	)			3
Buy		HSBC Bank USA		CNH			104,300				16,389				4/27/22				43				(32	)			11
Sell		Bank of America NA		CNH			219,779				34,536				4/27/22				—				(296	)			(296	)
Sell		JP Morgan Chase Bank NA		CNH			219,779				34,367				8/10/22				—				(408	)			(408	)
Sell		Bank of America NA		CNH			36,000				5,610				12/7/22				—				(78	)			(78	)
Sell		HSBC Bank USA		CNH			219,778				34,251				12/7/22				—				(570	)			(570	)
Sell		HSBC Bank USA		CNH			28,450				4,431				1/11/23				—				(31	)			(31	)
Sell		JP Morgan Chase Bank NA		CNH			10,350				1,612				1/11/23				—				(15	)			(15	)
Sell		Standard Chartered Bank		CNH			18,100				2,819				1/11/23				—				(15	)			(15	)
Sell		HSBC Bank USA		CNH			36,500				5,682				2/8/23				—				(30	)			(30	)
Sell		Citibank NA		CNH			20,150				3,134				3/22/23				—				(16	)			(16	)
Sell		JP Morgan Chase Bank NA		CNH			37,650				5,856				3/22/23				—				(37	)			(37	)
Sell		Standard Chartered Bank		CNH			17,500				2,722				3/22/23				—				(21	)			(21	)
Sell		Goldman Sachs Bank USA		CNY			55,000				8,577				1/11/23				—				(72	)			(72	)
																		$	188			$	(1,761	)		$	(1,573	)

---

International Equity Portfolio

 

		Financial Derivative Assets (000’s)														Financial Derivative Liabilities (000’s)
		Forward Foreign Currency Contracts				Swaps		Total				Forward Foreign Currency Contracts				Options		Swaps		Total
Total Over the Counter Derivatives		$	188			—		$	188			$	(1,761)			—		—		$	(1,761)

 

+	All par is stated in U.S. Dollar unless otherwise noted.

*	Non income producing

Æ	Security valued using significant unobservable inputs.

#	7-Day yield as of 3/31/2022.

@

At March 31, 2022, the aggregate cost of investments, including derivatives, for federal tax purposes (in thousands) was $1,889,553 and the net unrealized depreciation of investments based on that cost was $60,533 which is comprised of $119,262 aggregate gross unrealized appreciation and $179,795 aggregate gross unrealized depreciation. Because tax adjustments are calculated annually, these amounts do not reflect tax adjustments. For the previous fiscal year’s federal income tax information, please refer to the Notes to the Financial Statements section in the Portfolio’s most recent annual report.

π	Amount is less than one thousand.

---

International Equity Portfolio

The Fair Value Measurements and Disclosures Topic of the FASB Accounting Standards Codification  defines fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes and requires disclosure of a fair value hierarchy, separately for each major category of asset and liability, which segregates fair value measurements into levels. A summary of the fair value hierarchy is described below:

Level 1 - fair value is determined by unadjusted quoted prices in active markets for identical securities or derivatives

Level 2 - fair value is determined by other significant observable inputs

Level 3 - fair value is determined by significant unobservable inputs

The categorization of a value determined for a financial instrument within the hierarchy is  based upon the pricing transparency of the instrument and does not necessarily correspond to the Portfolio’s perceived risk of that instrument.

The following is a summary of the inputs used in valuing the Portfolio’s Investments at March 31, 2022.

 

				Valuation Inputs
Description				Level 1 - Quoted Prices								Level 2 - Other Significant Observable Inputs								Level 3 - Significant    Unobservable     Inputs
								(Amounts in thousands)
Assets:
Preferred Stocks
All Others				$	49,309							$	43,189							$	—
Common Stocks
Communication Services					79,608								16,095								—
Consumer Discretionary					77,259								103,714								—
Consumer Staples					—								86,381								—
Energy					90,769								53,130								—
Financials					37,048								426,067								—
Industrials					35,735								72,076								—
Information Technology					21,219								42,122								—
Materials					62,110								134,676								—
All Others					—								383,586								—
Short-Term Investments					16,500								—								—
Other Financial Instruments^
Forward Foreign Currency Contracts					—								188								—
Total Assets:				$	469,557							$	1,361,224							$	—
Liabilities:
Other Financial Instruments^
Forward Foreign Currency Contracts					—								(1,761)								—
Total Liabilities:				$	—							$	(1,761)							$	—

^ Other financial instruments are derivative instruments such as futures and forward foreign currency contracts, which are valued at the unrealized appreciation (depreciation) on the instrument, and securities sold short, reverse repurchase agreements, written options and swaps contracts, which are valued at market value.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities and assumptions is not shown for the period ended March 31, 2022.

For the period ended March 31, 2022, there was a transfer from Level 2 to Level 3 in the amount of $0 (in thousands). This transfer was the result of the third party vendor not being able to provide a daily price due to the liquidity and current market conditions in Russia.

 

---

Abbreviations

Abbreviations that may be used in the preceding statements

 

ADR		American Depositary Receipt
AFC		Available Funds Cap security - Security accrues interest at an assumed or uncapped rate. If the interest rate on the underlying loans is lower than the uncapped rate, then the security will pay at the lower rate.
CSTR		Collateral Strip Rate security - interest is based on the weighted net interest rate of the collateral.
EXE		Security receives collateral principal and interest paid which exceeds the amount of principal and income obligated to all bonds in the deal.
IO		Interest Only Security
PO		Principal Only Security
GDR		Global Depositary Receipt
GO		General Obligation
RB		Revenue Bond
CPURNSA		U.S. Consumer Price Index - All Urban Consumers - Not Seasonally Adjusted
LIBOR		London Interbank Offered Rate
SOFR		Secured Overnight Financing Rate
ICE		Intercontinental Exchange
SONIO		Sterling Overnight Interbank Average Rate
DAC		Designated Activity Company
TBA		To Be Announced
OIS		Overnight Index Swaps
DIFC		Dubai International Financial Centre
EURIBOR		Euro Interbank Offered Rate
SDR		Swedish Depository Receipt
ETF		Exchange Traded Fund
Currency Abbreviations
ARS		Argentine Peso
AUD		Australian Dollar
BRL		Brazilian Real
CAD		Canadian Dollar
CHF		Swiss Franc
CNH		Chinese Yuan Renminbi - Offshore
CNY		Chinese Yuan Renminbi
DKK		Danish Krone
EUR		Euro
GBP		British Pound
HKD		Hong Kong Dollar
IDR		Indonesian Rupiah
INR		Indian Rupee
JPY		Japanese Yen
KES		Kenyan Shilling
KRW		South Korean Won
MXN		Mexican New Peso
NOK		Norwegian Krone
NZD		New Zealand Dollar
PHP		Philippines Peso
PLN		Polish Zloty
RUB		Russian Ruble
SEK		Swedish Krona
THB		Thai Baht
TWD		Taiwan Dollar
USD		United States Dollar
ZAR		South African Rand