| Security | $Holding | Balance | % of Fund | Category | Position | Country |
|---|---|---|---|---|---|---|
| SAP SAP SE | 135.51 k | 580.00 shares | 7.94 | Long | Germany | |
| SHELL PLC | 99.97 k | 1.48 k shares | 5.86 | Long | UK | |
| ASML ASML Holding N.V. | 80.71 k | 120.00 shares | 4.73 | Long | Netherlands | |
| SNY Sanofi | 76.15 k | 1.44 k shares | 4.46 | Long | France | |
| HSBC HSBC Holdings plc | 73.81 k | 1.60 k shares | 4.32 | Long | UK | |
| BCS Barclays PLC | 68.27 k | 5.50 k shares | 4.00 | Long | UK | |
| RELX RELX Plc | 66.56 k | 1.44 k shares | 3.90 | Long | UK | |
| INBVF Anheuser-busch Inbev Sa | 66.49 k | 1.12 k shares | 3.90 | Long | Belgium | |
| BRITISH AMERICAN TOBACCO PLC ADR | 64.36 k | 1.84 k shares | 3.77 | Long | UK | |
| RIO Rio Tinto Group | 62.29 k | 960.00 shares | 3.65 | Long | UK | |
| ARGX argenx SE | 58.63 k | 100.00 shares | 3.44 | Long | Netherlands | |
| ING GROEP N V SPONSORED ADR | 56.97 k | 3.36 k shares | 3.34 | Long | Netherlands | |
| GSK GSK plc | 56.61 k | 1.54 k shares | 3.32 | Long | UK | |
| TTE TotalEnergies SE | 56.30 k | 900.00 shares | 3.30 | Long | France | |
| NOK Nokia Oyj | 56.16 k | 11.92 k shares | 3.29 | Long | Finland | |
| ERICSSON LM TELEPHONE ADR | 54.14 k | 6.46 k shares | 3.17 | Long | Sweden | |
| HLN Haleon plc | 53.69 k | 5.54 k shares | 3.15 | Long | UK | |
| BP PLC SPONSORED ADR | 53.44 k | 1.82 k shares | 3.13 | Long | UK | |
| ASTRAZENECA PLC ADR | 52.65 k | 740.00 shares | 3.08 | Long | UK | |
| DEO Diageo plc | 49.66 k | 400.00 shares | 2.91 | Long | UK | |
| EQNR Equinor ASA | 46.49 k | 1.98 k shares | 2.72 | Long | Norway | |
| NGG National Grid plc | 45.78 k | 720.00 shares | 2.68 | Long | UK | |
| BNTX BioNTech SE | 45.24 k | 400.00 shares | 2.65 | Long | Germany | |
| VOD Vodafone Group Public Limited Company | 44.32 k | 4.78 k shares | 2.60 | Long | UK | |
| TS Tenaris S.A. | 38.14 k | 1.16 k shares | 2.23 | Long | Luxembourg | |
| ASND Ascendis Pharma A/S | 36.85 k | 300.00 shares | 2.16 | Long | Denmark | |
| MT ArcelorMittal S.A. | 35.95 k | 1.46 k shares | 2.11 | Long | Luxembourg | |
| RYAAY Ryanair Holdings plc | 35.41 k | 800.00 shares | 2.07 | Long | Ireland | |
| Invesco Government & Agency Portfolio | 30.98 k | 30.98 k shares | 1.82 | Short-term investment vehicle | N/A | USA |
| STM STMicroelectronics N.V. | 26.05 k | 960.00 shares | 1.53 | Long | Netherlands | |
| NVO Novo Nordisk A/S | 13.43 k | 120.00 shares | 0.79 | Long | Denmark |
