Paradigm Asset Management 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABB LTD	ADR	000375204	15,230	500	SH		SOLE		0	0	500
ABBOTT LABS	COM	002824100	1,163,774	10,600	SH		SOLE		7,900	0	2,700
ABBVIE INC.	COM	00287Y109	2,666,565	16,500	SH		SOLE		12,200	0	4,300
ABN AMRO BANK NV-CVA	COM	00BYQP136	93,152	6,753	SH		SOLE		0	0	6,753
ACCELLERON INDUSTRIES AG	ADR	00449R109	510	25	SH		SOLE		0	0	25
ACCENTURE PLC CL A	COM	G1151C101	1,654,408	6,200	SH		SOLE		4,600	0	1,600
ADIDAS AG-SPONSORED ADR	ADR	00687A107	27,096	400	SH		SOLE		0	0	400
ADMIRAL GROUP PLC	COM	00B02J639	921,508	35,848	SH		SOLE		6,500	0	29,348
ADVANCED AUTO PARTS	COM	00751Y106	1,161,537	7,900	SH		SOLE		5,400	0	2,500
ADVANCED MICRO DEV	COM	007903107	201,888	3,117	SH		SOLE		2,400	0	717
AIA GROUP LTD	COM	00B4TX8S1	1,058,733	95,200	SH		SOLE		18,300	0	76,900
AIA GROUP LTD-SP ADR	ADR	001317205	57,759	1,300	SH		SOLE		0	0	1,300
AIR LIQUIDE	ADR	009126202	19,798	700	SH		SOLE		0	0	700
AIR PROD & CHEM.	COM	009158106	924,780	3,000	SH		SOLE		2,200	0	800
AKER BP ASA	COM	00B1L95G3	1,474,010	47,749	SH		SOLE		9,179	0	38,570
AKZO N V ADR	ADR	010199305	29,003	1,300	SH		SOLE		0	0	1,300
ALCON INC	COM	00BJT1GR5	820,138	12,010	SH		SOLE		2,300	0	9,710
ALIBABA GROUP HOLDING-SP ADR	ADR	01609W102	17,618	200	SH		SOLE		0	0	200
ALLEGHENY TECH.	COM	01741R102	188,118	6,300	SH		SOLE		6,300	0	0
ALLIANZ SE - UNSP ADR	ADR	018820100	118,468	5,523	SH		SOLE		0	0	5,523
ALLIANZ SE-REG	COM	005231485	985,645	4,597	SH		SOLE		891	0	3,706
ALLSTATE CORP.	COM	020002101	922,080	6,800	SH		SOLE		4,900	0	1,900
ALPHABET INC. CL A	COM	02079K305	1,787,540	20,260	SH		SOLE		15,400	0	4,860
ALPHABET INC. CL C	COM	02079K107	264,415	2,980	SH		SOLE		1,800	0	1,180
ALTRIA GROUP	COM	02209S103	146,272	3,200	SH		SOLE		3,200	0	0
AMADEUS IT GROUP SA	COM	00B3MSM28	198,918	3,839	SH		SOLE		0	0	3,839
AMADEUS IT GROUP-UNSP ADR	ADR	02263T104	40,952	800	SH		SOLE		0	0	800
AMAZON COM	COM	023135106	688,800	8,200	SH		SOLE		8,200	0	0
AMBEV SA-ADR	ADR	02319V103	89,004	32,722	SH		SOLE		0	0	32,722
AMCOR LIMITED	COM	006066608	1,072,779	89,374	SH		SOLE		17,200	0	72,174
AMCOR PLC	ADR	G0250X107	58,359	4,900	SH		SOLE		0	0	4,900
AMER. ELEC. PWR	COM	025537101	968,490	10,200	SH		SOLE		7,000	0	3,200
AMERIPRISE FINANCIAL	COM	03076C106	1,463,439	4,700	SH		SOLE		3,200	0	1,500
AMERISOURCEBERGEN	COM	03073E105	463,988	2,800	SH		SOLE		2,800	0	0
AMETEK AEROSPACE	COM	031100100	796,404	5,700	SH		SOLE		3,900	0	1,800
AMGEN INC.	COM	031162100	2,311,232	8,800	SH		SOLE		6,400	0	2,400
ANALOG DEVICES INC.	COM	032654105	68,729	419	SH		SOLE		0	0	419
ANGLO AMERICAN PLC	COM	00B1XZS82	857,708	22,031	SH		SOLE		3,700	0	18,331
ANHEUSER-BUSCH INBEV NV	COM	00BYYHL23	95,786	1,595	SH		SOLE		0	0	1,595
ANSYS INC	COM	03662Q105	169,113	700	SH		SOLE		700	0	0
APA CORP	COM	03743Q108	322,092	6,900	SH		SOLE		6,900	0	0
APOLLO GLOBAL MANAGEMENT	COM	03769M106	96,068	1,506	SH		SOLE		0	0	1,506
APPLE INC.	COM	037833100	6,918,253	53,246	SH		SOLE		40,200	0	13,046
APPLIED MATLS INC.	COM	038222105	256,012	2,629	SH		SOLE		0	0	2,629
ARAMARK	COM	03852U106	76,851	1,859	SH		SOLE		0	0	1,859
ARCHER DANIELS MID	COM	039483102	148,560	1,600	SH		SOLE		1,600	0	0
ARISTOCRAT LEISURE LTD	COM	006253983	1,147,574	55,446	SH		SOLE		10,600	0	44,846
ARKEMA	COM	00B0Z5YZ2	779,458	8,707	SH		SOLE		1,700	0	7,007
ASHTEAD GROUP PLC	COM	000053673	920,524	16,213	SH		SOLE		3,100	0	13,113
ASML HOLDING NV	COM	00B929F46	2,133,515	3,968	SH		SOLE		765	0	3,203
ASSA ABLOY AB-B	COM	00BYPC1T4	818,648	38,131	SH		SOLE		7,300	0	30,831
ASTELLAS PHARMA INC	COM	006985383	1,307,552	85,983	SH		SOLE		15,000	0	70,983
ASTELLAS PHARMA INC-UNSP ADR	ADR	04623U102	37,900	2,500	SH		SOLE		0	0	2,500
ASTRAZENECA PLC	COM	000989529	1,066,846	7,906	SH		SOLE		1,500	0	6,406
ASTRAZENECA PLC	ADR	046353108	81,360	1,200	SH		SOLE		0	0	1,200
AT&T INC.	COM	00206R102	1,288,332	69,980	SH		SOLE		45,150	0	24,830
ATLAS COPCO AB-B SHS	COM	00BLDBN52	1,005,258	94,278	SH		SOLE		18,100	0	76,178
ATOS SE	COM	005654781	16,716	1,738	SH		SOLE		0	0	1,738
AUST & NZ BNKG	ADR	052528304	72,931	4,544	SH		SOLE		0	0	4,544
AUTOZONE INC	COM	053332102	1,972,944	800	SH		SOLE		600	0	200
AVANTOR INC.	COM	05352A100	38,194	1,811	SH		SOLE		0	0	1,811
AVIVA PLC	COM	00BPQY8M8	961,151	180,449	SH		SOLE		34,600	0	145,849
AXA -SPONS ADR	ADR	054536107	55,740	2,000	SH		SOLE		0	0	2,000
AXA SA	COM	007088429	89,928	3,234	SH		SOLE		0	0	3,234
BAE SYS PLC	ADR	05523R107	122,220	2,900	SH		SOLE		0	0	2,900
BAE SYSTEMS PLC	COM	000263494	1,163,469	112,993	SH		SOLE		21,700	0	91,293
BANCO BILBAO VIZCAYA-SP ADR	ADR	05946K101	25,242	4,200	SH		SOLE		0	0	4,200
BANK LEUMI LE-ISRAEL	COM	006076425	89,006	10,715	SH		SOLE		0	0	10,715
BANK OF AMERICA	COM	060505104	3,647,340	110,125	SH		SOLE		76,550	0	33,575
BARCLAYS PLC	ADR	06738E204	21,840	2,800	SH		SOLE		0	0	2,800
BASF SE-SPON ADR	ADR	055262505	58,642	4,763	SH		SOLE		0	0	4,763
BAXTER INTL INC.	COM	071813109	163,104	3,200	SH		SOLE		3,200	0	0
BAYER A G	ADR	072730302	63,014	4,900	SH		SOLE		0	0	4,900
BAYER AG-REG	COM	005069211	812,407	15,752	SH		SOLE		3,003	0	12,749
BAYERISCHE MOTOREN-SP ADR	ADR	072743305	107,191	3,614	SH		SOLE		0	0	3,614
BEAZER HOMES USA	COM	07556Q881	46,957	3,680	SH		SOLE		3,680	0	0
BECTON DICKINSON & CO	COM	075887109	1,001,688	3,939	SH		SOLE		3,580	0	359
BERKSHIRE HATH. B	COM	084670702	4,174,475	13,514	SH		SOLE		9,600	0	3,914
BHP GROUP LTD	COM	006144690	1,062,245	34,328	SH		SOLE		6,600	0	27,728
BIOGEN IDEC INC	COM	09062X103	139,845	505	SH		SOLE		0	0	505
BLACKROCK INC.	COM	09247X101	2,470,993	3,487	SH		SOLE		2,400	0	1,087
BNP PARIBAS	COM	007309681	1,081,836	19,036	SH		SOLE		3,369	0	15,667
BNP PARIBAS	ADR	05565A202	59,787	2,100	SH		SOLE		0	0	2,100
BOC HONG KONG HLDS-SPONS ADR	ADR	096813209	20,346	300	SH		SOLE		0	0	300
BOEING CO.	COM	097023105	742,911	3,900	SH		SOLE		2,320	0	1,580
BOOKING HOLDINGS INC.	COM	09857L108	100,764	50	SH		SOLE		50	0	0
BP AMOCO PLC	ADR	055622104	125,748	3,600	SH		SOLE		0	0	3,600
BP PLC	COM	000798059	165,510	28,973	SH		SOLE		0	0	28,973
BRISTOL MYERS SQUIBB	COM	110122108	273,986	3,808	SH		SOLE		0	0	3,808
BRITISH AMERN TOB PLC	ADR	110448107	1,183,288	29,597	SH		SOLE		4,700	0	24,897
BROADCOM INC.	COM	11135F101	2,012,868	3,600	SH		SOLE		2,700	0	900
BUNGE LIMITED	COM	G16962105	159,632	1,600	SH		SOLE		1,600	0	0
BURBERRY GROUP PLC	COM	003174300	1,097,311	44,937	SH		SOLE		8,600	0	36,337
CAP GEMINI	COM	004163437	1,215,993	7,306	SH		SOLE		1,400	0	5,906
CARDINAL HEALTH INC	COM	14149Y108	484,281	6,300	SH		SOLE		6,300	0	0
CARLISLE COS.	COM	142339100	94,024	399	SH		SOLE		0	0	399
CARMAX GROUP	COM	143130102	30,141	495	SH		SOLE		0	0	495
CATERPILLAR TRACTOR	COM	149123101	143,736	600	SH		SOLE		600	0	0
CBOE HOLDINGS INC	COM	12503M108	263,487	2,100	SH		SOLE		2,100	0	0
CELANESE CORP	COM	150870103	42,430	415	SH		SOLE		0	0	415
CENTENE CORP	COM	15135B101	1,435,175	17,500	SH		SOLE		12,000	0	5,500
CF INDUSTRIES HLDGS	COM	125269100	213,000	2,500	SH		SOLE		2,500	0	0
CHARLES RIV LABS INTL.	COM	159864107	38,350	176	SH		SOLE		0	0	176
CHARLES SCHWAB	COM	808513105	1,032,424	12,400	SH		SOLE		9,200	0	3,200
CHECK POINT SOFTWARE	ADR	M22465104	25,232	200	SH		SOLE		0	0	200
CHEUNG KONG PROPERTY HDG	COM	00BYZQ077	943,153	153,200	SH		SOLE		29,500	0	123,700
CHEVRON CORP	COM	166764100	6,924,365	38,578	SH		SOLE		27,043	0	11,535
CHOCOLADEFABRIKEN LINDT-PC	COM	005962280	1,019,239	100	SH		SOLE		0	0	100
CHUBU ELECTRIC POWER CO.	COM	006195609	79,555	7,707	SH		SOLE		0	0	7,707
CHUGAI PHARMACEUTICAL CO LTD	COM	006196408	816,825	32,000	SH		SOLE		6,000	0	26,000
CIE FINANCIERE RICH-UNSP ADR	ADR	204319107	108,366	8,407	SH		SOLE		0	0	8,407
CIGNA CORP.	COM	125523100	240,221	725	SH		SOLE		0	0	725
CINTAS CORP	COM	172908105	361,296	800	SH		SOLE		800	0	0
CISCO SYSTEMS	COM	17275R102	2,305,776	48,400	SH		SOLE		33,100	0	15,300
CITIZENS FINANCIAL GROUP	COM	174610105	898,778	22,829	SH		SOLE		14,330	0	8,499
CK HUTCHISON HOLDIN-UNSP ADR	ADR	12562Y100	26,775	4,500	SH		SOLE		0	0	4,500
CLP HOLDINGS LTD	COM	006097017	69,617	9,541	SH		SOLE		0	0	9,541
CLP HOLDINGS LTD-SPONS ADR	ADR	18946Q101	18,150	2,500	SH		SOLE		0	0	2,500
CME GROUP	COM	12572Q105	639,008	3,800	SH		SOLE		2,600	0	1,200
COCA COLA COMPANY	COM	191216100	273,523	4,300	SH		SOLE		4,300	0	0
COCA-COLA FEMSA SAB-SP ADR	ADR	191241108	27,152	400	SH		SOLE		0	0	400
COGNIZANT TECH.	COM	192446102	1,303,932	22,800	SH		SOLE		15,600	0	7,200
COMCAST CORP-Cl A	COM	20030N101	779,831	22,300	SH		SOLE		22,300	0	0
COMMERZBANK AG	COM	00B90LKT4	129,967	13,782	SH		SOLE		0	0	13,782
COMPAGNIE DE SAINT GOBAIN	COM	007380482	838,665	17,214	SH		SOLE		3,300	0	13,914
COMPASS GROUP PLC	COM	00BD6K457	1,027,273	44,537	SH		SOLE		8,600	0	35,937
COMPASS GROUP PLC-SPON ADR	ADR	20449X401	25,597	1,100	SH		SOLE		0	0	1,100
COMPASS MINERALS INTL	COM	20451N101	63,796	1,556	SH		SOLE		0	0	1,556
CONOCOPHILLIPS	COM	20825C104	2,183,000	18,500	SH		SOLE		13,700	0	4,800
CONSTELLATION BRNDS A	COM	21036P108	1,135,575	4,900	SH		SOLE		3,700	0	1,200
CONSTELLATION ENERGY	COM	21037T109	685,283	7,949	SH		SOLE		5,165	0	2,784
CONTINENTAL AG	ADR	210771200	18,507	3,100	SH		SOLE		0	0	3,100
CORTEVA INC.	COM	22052L104	258,632	4,400	SH		SOLE		4,400	0	0
COSTCO WHOLESALE	COM	22160K105	630,426	1,381	SH		SOLE		1,100	0	281
COTERRA ENERGY INC.	COM	127097103	1,162,161	47,300	SH		SOLE		32,400	0	14,900
CREDIT AGRICOLE SA	COM	007262610	69,133	6,589	SH		SOLE		0	0	6,589
CREDIT SUISSE GP	ADR	225401108	37,951	12,484	SH		SOLE		0	0	12,484
CRODA INTERNATIONAL PLC	COM	00BJFFLV0	842,774	10,609	SH		SOLE		2,000	0	8,609
CROWN CASTLE INTL	COM	22822V101	1,247,888	9,200	SH		SOLE		6,300	0	2,900
CSL LTD	COM	006185495	1,015,532	5,204	SH		SOLE		1,000	0	4,204
CUMMINS INC	COM	231021106	751,099	3,100	SH		SOLE		2,100	0	1,000
CURTISS WRIGHT CORP	COM	231561101	734,756	4,400	SH		SOLE		3,000	0	1,400
CVS CAREMARK CORP	COM	126650100	3,997,851	42,900	SH		SOLE		29,800	0	13,100
DAI-ICHI LIFE HOLDINGS	COM	00B601QS4	94,055	4,145	SH		SOLE		0	0	4,145
DAIKIN INDUSTRIES-UNSPON ADR	ADR	23381B106	25,687	1,700	SH		SOLE		0	0	1,700
DANONE-SPONS ADR	ADR	23636T100	25,236	2,400	SH		SOLE		0	0	2,400
DBS GP HLDGS-SPON ADR	ADR	23304Y100	30,411	300	SH		SOLE		0	0	300
DBS GROUP HOLDINGS LTD	COM	006175203	1,069,800	42,300	SH		SOLE		8,100	0	34,200
DELTA AIR LINES	COM	247361702	667,058	20,300	SH		SOLE		13,900	0	6,400
DENSO CORP	COM	006640381	792,573	16,000	SH		SOLE		3,000	0	13,000
DEUTSCHE BOERSE AG	COM	007021963	1,112,245	6,457	SH		SOLE		1,100	0	5,357
DEUTSCHE BOERSE AG-UNSPN ADR	ADR	251542106	20,592	1,200	SH		SOLE		0	0	1,200
DEUTSCHE POST AG	ADR	25157Y202	11,250	300	SH		SOLE		0	0	300
DEUTSCHE TELEKOM AG-REG	COM	005842359	3,330,138	167,416	SH		SOLE		31,300	0	136,116
DEVON ENERGY (NEW)	COM	25179M103	500,076	8,130	SH		SOLE		0	0	8,130
DEXCOM INC	COM	252131107	57,073	504	SH		SOLE		0	0	504
DIAGEO PLC	COM	000237400	1,463,295	33,328	SH		SOLE		6,400	0	26,928
DIAGEO PLC	ADR	25243Q205	35,638	200	SH		SOLE		0	0	200
DISCOVER FINCL SERVICES	COM	254709108	1,321,585	13,509	SH		SOLE		8,670	0	4,839
DISNEY WALT PRODTNS	COM	254687106	330,144	3,800	SH		SOLE		3,800	0	0
DNB ASA	COM	004263304	754,804	38,239	SH		SOLE		0	0	38,239
DOLLAR GEN CORP	COM	256677105	1,896,125	7,700	SH		SOLE		5,700	0	2,000
DOLLAR TREE INC	COM	256746108	1,881,152	13,300	SH		SOLE		9,100	0	4,200
DREAM FINDERS HOMES INC.	COM	26154D100	153,282	17,700	SH		SOLE		17,700	0	0
DSV A/S	COM	00B1WT5G2	818,931	5,204	SH		SOLE		1,000	0	4,204
DUPONT DE NEMOURS	COM	26614N102	90,317	1,316	SH		SOLE		0	0	1,316
E.ON SE	COM	004942904	72,451	7,273	SH		SOLE		0	0	7,273
EASTMAN CHEM CO	COM	277432100	248,311	3,049	SH		SOLE		2,400	0	649
EATON CORP PLC	COM	G29183103	2,338,555	14,900	SH		SOLE		10,700	0	4,200
ELI LILLY & CO.	COM	532457108	1,097,520	3,000	SH		SOLE		2,300	0	700
EMBECTA CORP.	COM	29082K105	1,796	71	SH		SOLE		0	0	71
EMERSON ELEC CO.	COM	291011104	120,843	1,258	SH		SOLE		0	0	1,258
ENEL SPA	COM	007144569	837,068	155,929	SH		SOLE		29,900	0	126,029
ENEL SPA - UNSPON ADR	ADR	29265W207	25,098	4,700	SH		SOLE		0	0	4,700
ENI S P A	ADR	26874R108	20,062	700	SH		SOLE		0	0	700
ENI SPA	COM	007145056	94,790	6,685	SH		SOLE		0	0	6,685
EOG RESOURCES INC.	COM	26875P101	1,735,568	13,400	SH		SOLE		9,700	0	3,700
EQT CORP	COM	26884L109	287,555	8,500	SH		SOLE		8,500	0	0
EQUINIX INC	COM	29444U700	129,041	197	SH		SOLE		0	0	197
EQUINOR ASA	COM	007133608	92,923	2,602	SH		SOLE		500	0	2,102
EQUITY LIFESTYLE PPTYS	COM	29472R108	910,860	14,100	SH		SOLE		9,600	0	4,500
ERSTE GROUP BANK AG	COM	005289837	849,528	26,622	SH		SOLE		5,100	0	21,522
ESSENTIAL UTILITIES INC	COM	29670G102	1,322,121	27,700	SH		SOLE		20,900	0	6,800
ESSILORLUXOTTICA	COM	007212477	1,011,963	5,604	SH		SOLE		1,100	0	4,504
EXELON CORP.	COM	30161N101	992,345	22,955	SH		SOLE		14,800	0	8,155
EXPEDITORS INT'L	COM	302130109	145,488	1,400	SH		SOLE		1,400	0	0
EXXON MOBIL CORP.	COM	30231G102	3,182,376	28,852	SH		SOLE		19,800	0	9,052
F M C CORP.	COM	302491303	948,480	7,600	SH		SOLE		5,700	0	1,900
FACTSET RESH SYS	COM	303075105	320,968	800	SH		SOLE		800	0	0
FANUC CORP-UNSP ADR	ADR	307305102	22,305	1,500	SH		SOLE		0	0	1,500
FAURECIA	COM	004400446	28,833	1,912	SH		SOLE		0	0	1,912
FED AGRIC MTG	COM	313148306	788,970	7,000	SH		SOLE		4,800	0	2,200
FEDEX CORPORATION	COM	31428X106	1,247,040	7,200	SH		SOLE		4,900	0	2,300
FIDELITY NAT'L INFO SVCS	COM	31620M106	805,176	11,867	SH		SOLE		7,600	0	4,267
FIFTH THIRD BANCORP	COM	316773100	63,126	1,924	SH		SOLE		0	0	1,924
FINECOBANK SPA	COM	00BNGN9Z1	1,075,879	64,954	SH		SOLE		12,500	0	52,454
FIRST FOUNDATION INC.	COM	32026V104	159,063	11,100	SH		SOLE		11,100	0	0
FIRST REPUBLIC BANK/CA	COM	33616C100	195,024	1,600	SH		SOLE		1,600	0	0
FISERV INC.	COM	337738108	1,596,906	15,800	SH		SOLE		11,500	0	4,300
FIVE BELOW	COM	33829M101	229,931	1,300	SH		SOLE		1,300	0	0
FORD MOTOR CO.	COM	345370860	825,730	71,000	SH		SOLE		48,600	0	22,400
FRESENIUS MEDICAL CARE	ADR	358029106	9,804	600	SH		SOLE		0	0	600
FRESENIUS MEDICAL CARE AG &	COM	005129074	41,337	1,267	SH		SOLE		0	0	1,267
FUJI ELECTRIC CO LTD	COM	006356365	800,561	21,000	SH		SOLE		4,000	0	17,000
FUJITSU LTD	COM	006356945	1,068,021	8,000	SH		SOLE		2,000	0	6,000
FUJITSU LTD - UNSPON ADR	ADR	359590304	18,641	700	SH		SOLE		0	0	700
GALP ENERGIA SGPS-UNSPON ADR	ADR	364097105	20,832	3,100	SH		SOLE		0	0	3,100
GENERAL DYNAMICS	COM	369550108	1,080,767	4,356	SH		SOLE		2,400	0	1,956
GENERAL ELECTRIC CO.	COM	369604301	208,134	2,484	SH		SOLE		0	0	2,484
GENERAL MTRS CO	COM	37045V100	780,448	23,200	SH		SOLE		15,900	0	7,300
GILEAD SCIENCES INC.	COM	375558103	369,155	4,300	SH		SOLE		4,300	0	0
GLAXOSMITHKLINE PLC	ADR	37733W105	35,140	1,000	SH		SOLE		0	0	1,000
GLENCORE PLC -UNSP ADR	ADR	37827X100	34,632	2,600	SH		SOLE		0	0	2,600
GLOBAL MEDICAL REIT INC	COM	37954A204	729,960	77,000	SH		SOLE		52,700	0	24,300
GLOBE LIFE INC	COM	37959E102	1,024,675	8,500	SH		SOLE		5,800	0	2,700
GOLD FIELDS LTD	ADR	38059T106	120,484	11,641	SH		SOLE		0	0	11,641
GOLDMAN SACHS GROUP	COM	38141G104	1,477,221	4,302	SH		SOLE		2,600	0	1,702
GREIF BROS CORP A	COM	397624107	878,486	13,100	SH		SOLE		9,000	0	4,100
GROUPE BRUXELLES LAMBERT SA	COM	007097328	708,400	8,900	SH		SOLE		2,000	0	6,900
GROUPE BRUXELLES LAMBERT SA BX	COM	00BHZLGZ3	980,374	12,220	SH		SOLE		2,965	0	9,255
GRUPO FINANCIERO BANORTE-O	COM	002421041	220,592	30,725	SH		SOLE		6,000	0	24,725
GSK PLC	COM	00BN7SWP6	908,624	52,543	SH		SOLE		8,738	0	43,805
H & E EQUIPMENT SVCS	COM	404030108	762,720	16,800	SH		SOLE		11,500	0	5,300
HALEON PLC	COM	00BMX86B7	258,663	65,679	SH		SOLE		10,923	0	54,756
HANG SENG BANK LTD	COM	006408374	934,633	56,200	SH		SOLE		10,800	0	45,400
HARTFORD FINCL. SRV	COM	416515104	985,790	13,000	SH		SOLE		8,900	0	4,100
HCA INC.	COM	40412C101	863,856	3,600	SH		SOLE		2,500	0	1,100
HDFC BANK LTD	ADR	40415F101	34,205	500	SH		SOLE		0	0	500
HENKEL KGAA-SPONS ADR PFD	ADR	42550U208	556,744	32,089	SH		SOLE		6,198	0	25,891
HENRY JACK & ASSOC	COM	426281101	175,560	1,000	SH		SOLE		1,000	0	0
HESS CORP.	COM	42809H107	1,177,106	8,300	SH		SOLE		5,700	0	2,600
HITACHI LIMITED	ADR	433578507	139,881	1,384	SH		SOLE		0	0	1,384
HOME DEPOT INC.	COM	437076102	3,218,613	10,190	SH		SOLE		7,290	0	2,900
HONDA MOTOR	ADR	438128308	25,146	1,100	SH		SOLE		0	0	1,100
HONDA MOTOR CO	COM	006435145	92,124	4,009	SH		SOLE		0	0	4,009
HONEYWELL INT'L	COM	438516106	1,212,295	5,657	SH		SOLE		5,300	0	357
HONG KONG EXCHANGES & CLEAR	COM	006267359	984,129	22,779	SH		SOLE		4,100	0	18,679
HOYA CORP	COM	006441506	866,611	9,000	SH		SOLE		2,000	0	7,000
HSBC HOLDINGS PLC	COM	000540528	950,466	153,218	SH		SOLE		29,441	0	123,777
HUMANA INC.	COM	444859102	256,095	500	SH		SOLE		500	0	0
HUNTINGTON INGALLS INDUS	COM	446413106	668,972	2,900	SH		SOLE		2,000	0	900
IBERDROLA SA	COM	00B288C92	1,349,528	115,690	SH		SOLE		22,695	0	92,995
IMERYS SA	COM	00B011GL4	80,826	2,084	SH		SOLE		0	0	2,084
IMPERIAL BRANDS PLC	COM	000454492	110,286	4,427	SH		SOLE		0	0	4,427
IMPERIAL BRANDS PLC-SPON ADR	ADR	45262P102	30,000	1,200	SH		SOLE		0	0	1,200
INFINEON TECHNOLOGIES AG	COM	005889505	894,874	29,493	SH		SOLE		5,668	0	23,825
ING GROEP ADR	ADR	456837103	37,727	3,100	SH		SOLE		0	0	3,100
ING GROEP NV-CVA	COM	00BZ57390	1,291,491	106,262	SH		SOLE		19,209	0	87,053
INGREDION INC	COM	457187102	959,714	9,800	SH		SOLE		6,700	0	3,100
INPEX CORP.	COM	00B10RB15	119,228	11,269	SH		SOLE		0	0	11,269
INT'L FLAV & FRA	COM	459506101	157,260	1,500	SH		SOLE		1,500	0	0
INTEL CORP.	COM	458140100	83,307	3,152	SH		SOLE		0	0	3,152
INTERCONTINENTALEXCH	COM	45866F104	382,763	3,731	SH		SOLE		3,200	0	531
INTUITIVE SURGICAL INC	COM	46120E602	212,280	800	SH		SOLE		800	0	0
IQVIA HOLDINGS INC.	COM	46266C105	81,546	398	SH		SOLE		0	0	398
ITOCHU CORP	COM	006467803	1,291,357	41,097	SH		SOLE		7,000	0	34,097
ITOCHU CORP	ADR	465717106	31,250	500	SH		SOLE		0	0	500
JAPAN POST BANK CO LTD	COM	00BYT8165	90,081	10,537	SH		SOLE		0	0	10,537
JARDINE MATHESON HD ADR	ADR	471115402	117,795	2,322	SH		SOLE		446	0	1,876
JM SMUCKER CO	COM	832696405	253,536	1,600	SH		SOLE		1,600	0	0
JOHNSON & JOHNSON	COM	478160104	5,714,627	32,350	SH		SOLE		23,350	0	9,000
JPMORGAN CHASE & CO	COM	46625H100	5,912,603	44,091	SH		SOLE		30,750	0	13,341
KAKAKU.COM INC	COM	006689533	720,300	45,000	SH		SOLE		9,000	0	36,000
KB FINANCIAL GROUP	ADR	48241A105	15,464	400	SH		SOLE		0	0	400
KBC GROEP NV	COM	004497749	1,007,523	15,713	SH		SOLE		3,000	0	12,713
KDDI CORP-UNSPONSORED ADR	ADR	48667L106	1,049,359	69,448	SH		SOLE		11,379	0	58,069
KELLOGG CO	COM	487836108	107,359	1,507	SH		SOLE		0	0	1,507
KERING	COM	005505072	812,471	1,601	SH		SOLE		300	0	1,301
KEYENCE CORP	COM	006490995	1,169,123	3,000	SH		SOLE		1,000	0	2,000
KIRIN HOLDINGS CO LTD	COM	006493745	1,053,167	69,100	SH		SOLE		13,000	0	56,100
KKR & CO.	COM	48251W104	69,816	1,504	SH		SOLE		0	0	1,504
KNORR-BREMSE AG	COM	00BD2P9X9	746,871	13,711	SH		SOLE		2,600	0	11,111
KONINKLIJKE AHOLD DELHAIZE N	COM	00BD0Q398	1,020,621	35,630	SH		SOLE		6,800	0	28,830
KONINKLIJKE DSM NV	ADR	N5017D122	21,073	175	SH		SOLE		0	0	175
KONINKLIJKE KPN NV	COM	005956078	970,522	314,660	SH		SOLE		60,400	0	254,260
KONINKLIJKE PHILIPS ELEC	ADR	500472303	13,491	900	SH		SOLE		0	0	900
KUBOTA CORP-SPONS ADR	ADR	501173207	27,268	400	SH		SOLE		0	0	400
KUEHNE & NAGEL INTL AG-REG	COM	00B142S60	861,312	3,703	SH		SOLE		700	0	3,003
L3HARRIS TECHNOLOGIES INC	COM	502431109	1,332,544	6,400	SH		SOLE		4,700	0	1,700
LABORATORY AMER H	COM	50540R409	377,003	1,601	SH		SOLE		1,100	0	501
LANXESS AG	COM	00B05M8B7	53,352	1,326	SH		SOLE		0	0	1,326
LAUDER ESTEE COS.	COM	518439104	198,488	800	SH		SOLE		800	0	0
LAWSON INC.	COM	006266914	71,631	1,879	SH		SOLE		0	0	1,879
LEAR CORP.	COM	521865204	50,476	407	SH		SOLE		0	0	407
LEGAL & GENERAL GROUP PLC	COM	000560399	943,940	314,517	SH		SOLE		55,800	0	258,717
LEGRAND SA	COM	00B11ZRK9	887,072	11,109	SH		SOLE		2,100	0	9,009
LIBERTY BROADBAND	COM	530307305	823,716	10,800	SH		SOLE		7,400	0	3,400
LINDE PLC	ADR	G5494J103	162,111	497	SH		SOLE		0	0	497
LIVE NATION INC	COM	538034109	69,252	993	SH		SOLE		0	0	993
LOCKHEED MARTIN	COM	539830109	3,551,377	7,300	SH		SOLE		5,000	0	2,300
LONDON STOCK EXCHG ADR	ADR	54211N101	17,141	800	SH		SOLE		0	0	800
LONZA GROUP AG-REG	COM	007333378	1,029,417	2,102	SH		SOLE		400	0	1,702
LOWES COS INC.	COM	548661107	512,645	2,573	SH		SOLE		1,800	0	773
LVMH MOET HENNESSY LOU	ADR	502441306	57,948	400	SH		SOLE		0	0	400
LVMH MOET HENNESSY LOUIS VUI	COM	004061412	1,089,160	1,501	SH		SOLE		300	0	1,201
M&G PLC	COM	00BKFB1C6	73,781	32,643	SH		SOLE		0	0	32,643
MACQUARIE GROUP LTD	COM	00B28YTC2	850,425	7,511	SH		SOLE		1,300	0	6,211
MACQUARIE GROUP LTD-ADR	ADR	55607P204	33,972	300	SH		SOLE		0	0	300
MARATHON PETROLEUM CORP	COM	56585A102	1,699,294	14,600	SH		SOLE		10,000	0	4,600
MARKEL CORP.	COM	570535104	1,580,988	1,200	SH		SOLE		900	0	300
MARKETAXESS HOLDINGS	COM	57060D108	139,445	500	SH		SOLE		500	0	0
MARRIOTT INTL NEW-A	COM	571903202	893,340	6,000	SH		SOLE		4,100	0	1,900
MASCO CORP.	COM	574599106	1,031,407	22,100	SH		SOLE		15,100	0	7,000
MASTERCARD INC.	COM	57636Q104	590,793	1,699	SH		SOLE		1,485	0	214
MCDONALDS CORP.	COM	580135101	143,097	543	SH		SOLE		0	0	543
MCKESSON CORP	COM	58155Q103	1,012,824	2,700	SH		SOLE		2,700	0	0
MEDTRONIC INC.	ADR	G5960L103	1,453,364	18,700	SH		SOLE		13,500	0	5,200
MERCK & CO. INC.	COM	58933Y105	3,249,504	29,288	SH		SOLE		19,000	0	10,288
MERCK KGAA	COM	004741844	1,004,713	5,204	SH		SOLE		1,000	0	4,204
META PLATFORMS INC CL A	COM	30303M102	66,307	551	SH		SOLE		0	0	551
METLIFE INC	COM	59156R108	1,179,631	16,300	SH		SOLE		12,300	0	4,000
METSO OUTOTEC OYJ	COM	00B1FN8X9	1,213,548	118,298	SH		SOLE		22,700	0	95,598
MICHELIN (CGDE)	COM	00BPBPJ01	868,748	31,326	SH		SOLE		6,000	0	25,326
MICROCHIP TECH	COM	595017104	337,200	4,800	SH		SOLE		4,800	0	0
MICROSOFT CORP.	COM	594918104	7,074,690	29,500	SH		SOLE		22,600	0	6,900
MID-AMER APART CMNTY	COM	59522J103	62,482	398	SH		SOLE		0	0	398
MILLERKNOLL INC	COM	600544100	768,966	36,600	SH		SOLE		25,000	0	11,600
MITSUBISHI CORP	COM	006596785	1,204,869	37,118	SH		SOLE		7,000	0	30,118
MITSUBISHI ELECTRIC CORP	COM	006597045	886,982	89,100	SH		SOLE		17,000	0	72,100
MITSUBISHI UFJ FINCL GP	COM	006335171	104,730	15,544	SH		SOLE		0	0	15,544
MITSUBISHI UFJ FINL-SPON ADR	ADR	606822104	39,353	5,900	SH		SOLE		0	0	5,900
MIZUHO FINANCIAL GROUP	COM	006591014	90,011	6,399	SH		SOLE		0	0	6,399
MONDELEZ INTERNATIONAL CL A	COM	609207105	1,580,671	23,716	SH		SOLE		14,200	0	9,516
MOODYS CORP	COM	615369105	306,482	1,100	SH		SOLE		1,100	0	0
MORGAN STANLEY	COM	617446448	1,326,312	15,600	SH		SOLE		10,700	0	4,900
MOSAIC CO.	COM	61945C103	245,672	5,600	SH		SOLE		5,600	0	0
MUENCHENER RUECK-UNSPON ADR	ADR	626188106	105,154	3,246	SH		SOLE		0	0	3,246
MURATA MANUFACTUR-UNSPON ADR	ADR	626425102	19,680	1,600	SH		SOLE		0	0	1,600
NATIONAL GRID PLC	COM	00BDR05C0	912,223	76,033	SH		SOLE		12,600	0	63,433
NATIONAL GRID PLC	ADR	636274409	82,397	1,366	SH		SOLE		0	0	1,366
NESTLE S A	ADR	641069406	2,637,480	22,867	SH		SOLE		3,900	0	18,967
NETFLIX COM INC	COM	64110L106	825,664	2,800	SH		SOLE		1,900	0	900
NEWMONT CORP	COM	651639106	660,800	14,000	SH		SOLE		9,600	0	4,400
NEXT PLC	COM	003208986	901,709	12,911	SH		SOLE		2,500	0	10,411
NEXTERA ENERGY INC	COM	65339F101	1,780,680	21,300	SH		SOLE		16,400	0	4,900
NIKE INC B	COM	654106103	1,067,014	9,119	SH		SOLE		6,500	0	2,619
NINTENDO CO LTD-UNSPONS ADR	ADR	654445303	20,840	2,000	SH		SOLE		0	0	2,000
NIPPON TELEGRAPH & TELE-ADR	ADR	654624105	16,950	600	SH		SOLE		0	0	600
NIPPON TELEGRAPH & TELEPHONE	COM	006641373	1,166,963	40,929	SH		SOLE		7,000	0	33,929
NISSAN MOTOR CO LTD	COM	006642860	57,858	18,259	SH		SOLE		0	0	18,259
NN GROUP NV	COM	00BNG8PQ9	827,435	20,317	SH		SOLE		3,900	0	16,417
NORDEA BANK ABP	COM	00BYZF9J9	1,028,738	95,979	SH		SOLE		18,400	0	77,579
NORDSTROM INC.	COM	655664100	142,952	8,857	SH		SOLE		0	0	8,857
NORSK HYDRO ASA	COM	00B11HK39	869,986	116,888	SH		SOLE		20,200	0	96,688
NORTHROP GRUMMAN	COM	666807102	272,805	500	SH		SOLE		500	0	0
NOV INC.	COM	62955J103	203,406	9,737	SH		SOLE		0	0	9,737
NOVARTIS A G	ADR	66987V109	382,203	4,213	SH		SOLE		0	0	4,213
NOVARTIS AG-REG	COM	007103065	1,501,042	16,614	SH		SOLE		3,200	0	13,414
NOVO-NORDISK A S	ADR	670100205	94,738	700	SH		SOLE		0	0	700
NVIDIA CORP	COM	67066G104	379,526	2,597	SH		SOLE		2,200	0	397
NXP SEMICONDUCTORS NV	ADR	N6596X109	15,803	100	SH		SOLE		0	0	100
O'REILLY AUTO	COM	67103H107	422,015	500	SH		SOLE		500	0	0
OCCIDENTAL PETRO.	COM	674599105	163,774	2,600	SH		SOLE		2,600	0	0
OMV AG	COM	004651459	1,058,368	20,617	SH		SOLE		4,000	0	16,617
ORACLE CORP JAPAN	COM	006141680	1,033,158	16,000	SH		SOLE		3,000	0	13,000
ORACLE SYSTEMS	COM	68389X105	1,830,976	22,400	SH		SOLE		16,100	0	6,300
ORANGE S.A.	ADR	684060106	88,248	8,932	SH		SOLE		0	0	8,932
ORIX - SPON ADR	ADR	686330101	24,156	300	SH		SOLE		0	0	300
ORRON ENERGY AB	COM	007187627	50,268	23,320	SH		SOLE		4,500	0	18,820
OSHKOSH TRUCK CORP	COM	688239201	864,262	9,800	SH		SOLE		6,700	0	3,100
OTSUKA HOLDINGS CO LTD	COM	00B5LTM93	1,174,580	36,000	SH		SOLE		7,000	0	29,000
OVERSEA-CHINESE BANKING CORP	COM	00B0F9V20	1,073,424	118,200	SH		SOLE		22,700	0	95,500
PARAMOUNT GLOBAL-CLASS B	COM	92556H206	42,200	2,500	SH		SOLE		0	0	2,500
PARKER HANNIFIN	COM	701094104	931,200	3,200	SH		SOLE		2,200	0	1,000
PAYCHEX INC.	COM	704326107	1,126,363	9,747	SH		SOLE		6,300	0	3,447
PAYPAL HOLDINGS INC	COM	70450Y103	201,837	2,834	SH		SOLE		2,550	0	284
PEABODY ENERGY CORP	COM	704551100	103,038	3,900	SH		SOLE		3,900	0	0
PENN ENTERTAINMENT INC.	COM	707569109	27,769	935	SH		SOLE		0	0	935
PEPSICO INC.	COM	713448108	3,434,527	19,011	SH		SOLE		13,470	0	5,541
PERKINELMER INC.	COM	714046109	336,528	2,400	SH		SOLE		2,400	0	0
PERNOD RICARD SA	COM	004682329	922,488	4,704	SH		SOLE		900	0	3,804
PFIZER INC.	COM	717081103	2,284,433	44,583	SH		SOLE		29,400	0	15,183
PG&E CORP	COM	69331C108	988,608	60,800	SH		SOLE		41,600	0	19,200
PHILIP MORRIS INT'L	COM	718172109	1,133,552	11,200	SH		SOLE		7,600	0	3,600
PHILLIPS 66	COM	718546104	832,640	8,000	SH		SOLE		5,500	0	2,500
PILGRIMS PRIDE	COM	72147K108	132,888	5,600	SH		SOLE		5,600	0	0
PIONEER NAT RES CO	COM	723787107	178,373	781	SH		SOLE		0	0	781
PLAINS ALL AMER PIPELINE LP	COM	726503105	175,365	14,912	SH		SOLE		0	0	14,912
PNC FINCL SVCS	COM	693475105	2,542,834	16,100	SH		SOLE		11,500	0	4,600
POSCO-ADR	ADR	693483109	21,788	400	SH		SOLE		0	0	400
PROCTOR & GAMBLE	COM	742718109	1,878,283	12,393	SH		SOLE		7,800	0	4,593
PROGRESSIVE CORP.	COM	743315103	505,869	3,900	SH		SOLE		3,900	0	0
PROLOGIS TR	COM	74340W103	901,389	7,996	SH		SOLE		4,650	0	3,346
PRUDENTIAL PLC	COM	000709954	856,512	63,152	SH		SOLE		12,100	0	51,052
PRUDENTIAL PLC-ADR	ADR	74435K204	52,212	1,900	SH		SOLE		0	0	1,900
PUBLICIS GROUPE-ADR	ADR	74463M106	14,283	900	SH		SOLE		0	0	900
QUALCOMM INC.	COM	747525103	153,916	1,400	SH		SOLE		1,400	0	0
QUALYS INC	COM	74758T303	145,899	1,300	SH		SOLE		1,300	0	0
QUANTA SVCS INC	COM	74762E102	185,250	1,300	SH		SOLE		1,300	0	0
RANGE RES CORP	COM	75281A109	185,148	7,400	SH		SOLE		7,400	0	0
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	516,004	5,113	SH		SOLE		3,400	0	1,713
RECKITT BENCKISER-SPON ADR	ADR	756255204	121,681	8,636	SH		SOLE		0	0	8,636
RECRUIT HOLDINGS CO LTD	COM	00BQRRZ00	696,457	22,000	SH		SOLE		4,000	0	18,000
RED ELECTRICA CORPORACION SA	COM	00BD6FXN3	89,110	5,135	SH		SOLE		100	0	5,035
REGENERON PHARM.	COM	75886F107	216,447	300	SH		SOLE		300	0	0
RENAULT SA	COM	004712798	82,978	2,486	SH		SOLE		0	0	2,486
REPUBLIC SVCS	COM	760759100	1,652,620	12,812	SH		SOLE		9,100	0	3,712
RIO TINTO PLC SPON ADR	ADR	767204100	905,023	12,711	SH		SOLE		2,400	0	10,311
ROCHE HOLDING AG-GENUSSCHEIN	COM	007110388	3,424,961	10,908	SH		SOLE		2,086	0	8,822
ROCHE HOLDINGS	ADR	771195104	229,302	5,857	SH		SOLE		0	0	5,857
ROPER INDS INC.	COM	776696106	345,672	800	SH		SOLE		800	0	0
ROSS STORES INC	COM	778296103	464,280	4,000	SH		SOLE		4,000	0	0
ROYAL UNIBREW	COM	00BX8ZX20	768,343	10,809	SH		SOLE		2,100	0	8,709
RWE AKTIENGESELLSCHAF-SP ADR	ADR	74975E303	22,160	500	SH		SOLE		0	0	500
RYANAIR HLDGS PLC	COM	783513104	29,904	400	SH		SOLE		0	0	400
SALESFORCE COM INC	COM	79466L302	59,665	450	SH		SOLE		0	0	450
SAMPO OYJ-A SHS	COM	005226038	1,069,000	20,517	SH		SOLE		3,900	0	16,617
SANOFI AVENTIS	ADR	80105N105	1,394,493	28,794	SH		SOLE		4,100	0	24,694
SAP AG	COM	004846288	68,101	662	SH		SOLE		0	0	662
SAP AG - SPONSORED ADR	ADR	803054204	51,595	500	SH		SOLE		0	0	500
SCHEIN HENRY	COM	806407102	191,688	2,400	SH		SOLE		2,400	0	0
SCHINDLER HDG-PART CERT	COM	00B11TCY0	68,981	367	SH		SOLE		0	0	367
SCHNEIDER ELECTRIC SA	ADR	80687P106	119,920	4,289	SH		SOLE		0	0	4,289
SEI INVESTMENTS CO.	COM	784117103	163,240	2,800	SH		SOLE		2,800	0	0
SERVICE CORP INT'L	COM	817565104	255,818	3,700	SH		SOLE		3,700	0	0
SEVEN & I HLDGS-UNSPN ADR	ADR	81783H105	986,630	46,115	SH		SOLE		8,806	0	37,309
SHELL PLC	COM	00BP6MXD8	3,160,952	112,974	SH		SOLE		12,500	0	100,474
SHELL PLC-ADR	ADR	780259305	66,518	1,168	SH		SOLE		0	0	1,168
SHIN-ETSU CHEM-UNSPON ADR	ADR	824551105	15,256	500	SH		SOLE		0	0	500
SHIONOGI & CO LTD	COM	006804682	848,551	17,000	SH		SOLE		3,000	0	14,000
SIEMENS AG-SP ADR	ADR	826197501	110,270	1,603	SH		SOLE		0	0	1,603
SIKA AG-REG	COM	00BF2DSG3	767,515	3,203	SH		SOLE		600	0	2,603
SIMON PPTY GP	COM	828806109	1,121,347	9,545	SH		SOLE		6,010	0	3,535
SK TELECOM LTD	ADR	78440P108	22,649	1,100	SH		SOLE		0	0	1,100
SMITH & NEPHEW PLC	COM	000922320	850,859	63,753	SH		SOLE		12,200	0	51,553
SMITHS GROUP PLC- SPON ADR	ADR	83238P203	17,334	900	SH		SOLE		0	0	900
SNAM SPA	COM	007251470	969,858	200,739	SH		SOLE		33,700	0	167,039
SNAP-ON INC.	COM	833034101	936,809	4,100	SH		SOLE		2,800	0	1,300
SOCIETE GENERALE	COM	005966516	71,443	2,851	SH		SOLE		0	0	2,851
SOFTBANK CORP.	COM	00BF5M0K5	76,292	6,765	SH		SOLE		0	0	6,765
SOLVAY SA	COM	004821100	1,089,681	10,809	SH		SOLE		2,100	0	8,709
SONY GROUP CORP - SP ADR	ADR	835699307	22,884	300	SH		SOLE		0	0	300
SPAREBANK 1 SMN	COM	00B0LGG75	843,910	65,254	SH		SOLE		12,500	0	52,754
SSE PLC	COM	000790873	86,164	4,184	SH		SOLE		0	0	4,184
SSE PLC-SPN ADR	ADR	78467K107	24,684	1,200	SH		SOLE		0	0	1,200
STANDARD CHARTERED PLC	COM	000408284	115,320	15,403	SH		SOLE		0	0	15,403
STELLANTIS NV	ADR	N82405106	82,857	5,835	SH		SOLE		0	0	5,835
STRYKER CORP.	COM	863667101	440,082	1,800	SH		SOLE		1,800	0	0
SUMITOMO MITSUI FINCL GP	COM	006563024	1,463,269	36,456	SH		SOLE		6,000	0	30,456
SUMITOMO MITSUI-SPONS ADR	ADR	86562M209	50,526	6,300	SH		SOLE		0	0	6,300
SUNTORY BEVERAGE & FOOD-UADR	ADR	86803T104	991,292	58,380	SH		SOLE		11,208	0	47,172
SVENSKA HANDELSBANKEN-A SHS	COM	00BXDZ9Q1	1,107,446	109,791	SH		SOLE		21,100	0	88,691
SWIRE PACIFIC LTD - CL A	COM	006867748	134,364	15,265	SH		SOLE		0	0	15,265
SYMRISE AG	COM	00B1JB4K8	74,638	688	SH		SOLE		0	0	688
SYMRISE AG-UNSPON ADR	ADR	87155N109	32,460	1,200	SH		SOLE		0	0	1,200
T ROWE PRICE GP	COM	74144T108	1,046,976	9,600	SH		SOLE		7,200	0	2,400
T-MOBILE US INC	COM	872590104	182,000	1,300	SH		SOLE		1,300	0	0
TAKEDA PHARMACEUTIC-SP ADR	ADR	874060205	39,000	2,500	SH		SOLE		0	0	2,500
TAKEDA PHARMACEUTICAL CO LTD	COM	006870445	85,900	2,757	SH		SOLE		0	0	2,757
TARGET CORP.	COM	87612E106	1,337,634	8,975	SH		SOLE		5,800	0	3,175
TECHTRONIC INDUSTRIES-SP ADR	ADR	87873R101	22,216	400	SH		SOLE		0	0	400
TELENOR ASA-ADR	ADR	87944W105	64,347	6,928	SH		SOLE		0	0	6,928
TELIA CO AB	COM	005978384	57,667	22,538	SH		SOLE		0	0	22,538
TERUMO CORP	COM	006885074	908,500	32,000	SH		SOLE		6,000	0	26,000
TESCO PLC	COM	00BLGZ986	175,247	64,981	SH		SOLE		0	0	64,981
TESLA MOTORS	COM	88160R101	223,695	1,816	SH		SOLE		1,450	0	366
TEXAS INSTRS INC.	COM	882508104	1,734,810	10,500	SH		SOLE		7,200	0	3,300
TIM SA-ADR	ADR	88706T108	20,970	1,800	SH		SOLE		0	0	1,800
TJX COMPANIES INC.	COM	872540109	609,736	7,660	SH		SOLE		6,600	0	1,060
TOKIO MARINE HOLDINGS	ADR	889094108	137,966	6,438	SH		SOLE		0	0	6,438
TOKIO MARINE HOLDINGS INC	COM	006513126	1,114,328	52,000	SH		SOLE		9,000	0	43,000
TOTALENERGIES SE -SPON ADR	ADR	89151E109	124,160	2,000	SH		SOLE		0	0	2,000
TOYOTA MOTOR CORP	ADR	892331307	97,382	713	SH		SOLE		0	0	713
TRAVELERS COMPANIES	COM	89417E109	824,956	4,400	SH		SOLE		3,000	0	1,400
TREND MICRO INC-SPON ADR	ADR	89486M206	717,476	15,513	SH		SOLE		2,971	0	12,542
TRIMBLE NAVIGATION LTD	COM	896239100	95,710	1,893	SH		SOLE		0	0	1,893
TRUIST FINANCIAL CORP.	COM	89832Q109	1,210,563	28,133	SH		SOLE		18,500	0	9,633
TYSON FOOD CL A	COM	902494103	161,850	2,600	SH		SOLE		2,600	0	0
UBS AG-REG	COM	00BRJL176	992,467	53,370	SH		SOLE		10,276	0	43,094
UNICREDIT SPA-ADR	ADR	904678406	25,380	3,600	SH		SOLE		0	0	3,600
UNILEVER PLC	ADR	904767704	70,490	1,400	SH		SOLE		0	0	1,400
UNION PACIFIC CORP.	COM	907818108	1,449,490	7,000	SH		SOLE		5,600	0	1,400
UNITED HEALTHCARE	COM	91324P102	3,417,010	6,445	SH		SOLE		5,245	0	1,200
UNITED OVERSEAS BANK LTD	COM	006916781	1,043,782	45,600	SH		SOLE		8,750	0	36,850
UNITED OVERSEAS BANK-SP ADR	ADR	911271302	107,676	2,351	SH		SOLE		0	0	2,351
UNITED PARCEL SERVICE	COM	911312106	169,320	974	SH		SOLE		0	0	974
UNITED RENTALS	COM	911363109	287,179	808	SH		SOLE		500	0	308
US BANCORP	COM	902973304	2,032,226	46,600	SH		SOLE		33,900	0	12,700
VALEO SA	COM	00BDC5ST8	57,176	3,208	SH		SOLE		0	0	3,208
VALEO SA-SPON ADR	ADR	919134304	14,994	1,700	SH		SOLE		0	0	1,700
VALERO ENERGY NEW	COM	91913Y100	723,102	5,700	SH		SOLE		3,900	0	1,800
VALVOLINE INC	COM	92047W101	1,097,040	33,600	SH		SOLE		23,000	0	10,600
VEOLIA ENVIRONNEMENT	COM	004031879	838,269	32,727	SH		SOLE		6,300	0	26,427
VERISK ANALYTICS INC	COM	92345Y106	176,420	1,000	SH		SOLE		1,000	0	0
VERIZON COMM.	COM	92343V104	2,094,031	53,148	SH		SOLE		33,300	0	19,848
VINCI S.A.- ADR	ADR	927320101	120,287	4,825	SH		SOLE		0	0	4,825
VIPSHOP HOLDINGS LTD - ADR	ADR	92763W103	16,368	1,200	SH		SOLE		0	0	1,200
VISA INC	COM	92826C839	1,867,762	8,990	SH		SOLE		7,690	0	1,300
VISTRY GROUP PLC	COM	000185929	41,270	5,485	SH		SOLE		0	0	5,485
VODAFONE GP PLC	ADR	92857W209	84,138	8,314	SH		SOLE		0	0	8,314
VOLKSWAGEN A G-UNSPON ADR	ADR	928662600	9,387	600	SH		SOLE		0	0	600
VONOVIA SE	COM	00BBJPFY1	35,627	1,516	SH		SOLE		0	0	1,516
VOYA FINANCIAL INC.	COM	929089100	944,732	15,364	SH		SOLE		8,720	0	6,644
WALMART STORES INC.	COM	931142103	1,525,944	10,762	SH		SOLE		7,000	0	3,762
WARNER BROS DISCOVERY	COM	934423104	9,006	950	SH		SOLE		0	0	950
WATSCO INC.	COM	942622200	773,140	3,100	SH		SOLE		2,100	0	1,000
WELLS FARGO & CO	COM	949746101	1,901,487	46,052	SH		SOLE		31,600	0	14,452
WELLTOWER INC.	COM	95040Q104	71,318	1,088	SH		SOLE		0	0	1,088
WEX INC.	COM	96208T104	78,552	480	SH		SOLE		0	0	480
WEYERHAEUSER CO.	COM	962166104	753,300	24,300	SH		SOLE		16,600	0	7,700
WILLIAMS COS.	COM	969457100	1,128,470	34,300	SH		SOLE		25,800	0	8,500
WOODSIDE ENERGY GROUP	COM	00BMGT167	1,202,307	50,026	SH		SOLE		9,592	0	40,434
WPP PLC	ADR	92937A102	66,022	1,343	SH		SOLE		0	0	1,343
WYNN RESORTS LTD	COM	983134107	79,419	963	SH		SOLE		0	0	963
XYLEM INC	COM	98419M100	79,721	721	SH		SOLE		0	0	721
YPF S.A.	ADR	984245100	169,445	18,438	SH		SOLE		0	0	18,438
ZURICH FINANCIAL SVCS-ADR	ADR	989825104	195,925	4,095	SH		SOLE		0	0	4,095