| Security | $Holding | Balance | % of Fund | Category | Position | Country |
|---|---|---|---|---|---|---|
| SAP SAP SE | 993.61 k | 4.34 k shares | 7.40 | Long | Germany | |
| ASML ASML Holding N.V. | 747.43 k | 897.00 shares | 5.57 | Long | Netherlands | |
| SHELL PLC | 729.93 k | 11.07 k shares | 5.44 | Long | UK | |
| SNY Sanofi | 620.62 k | 10.77 k shares | 4.63 | Long | France | |
| INBVF Anheuser-busch Inbev Sa | 555.25 k | 8.38 k shares | 4.14 | Long | Belgium | |
| HSBC HSBC Holdings plc | 540.70 k | 11.97 k shares | 4.03 | Long | UK | |
| RELX RELX PLC | 511.10 k | 10.77 k shares | 3.81 | Long | UK | |
| RIO Rio Tinto Group | 510.93 k | 7.18 k shares | 3.81 | Long | UK | |
| BRITISH AMERICAN TOBACCO PLC ADR | 503.34 k | 13.76 k shares | 3.75 | Long | UK | |
| BCS Barclays PLC | 499.74 k | 41.13 k shares | 3.72 | Long | UK | |
| GSK GSK plc | 470.81 k | 11.52 k shares | 3.51 | Long | UK | |
| ING GROEP N V SPONSORED ADR | 456.31 k | 25.13 k shares | 3.40 | Long | Netherlands | |
| HLN Haleon plc | 438.33 k | 41.43 k shares | 3.27 | Long | UK | |
| TTE TotalEnergies SE | 434.96 k | 6.73 k shares | 3.24 | Long | France | |
| ASTRAZENECA PLC ADR | 431.15 k | 5.53 k shares | 3.21 | Long | UK | |
| BP PLC SPONSORED ADR | 427.25 k | 13.61 k shares | 3.18 | Long | UK | |
| DEO Diageo plc | 419.76 k | 2.99 k shares | 3.13 | Long | UK | |
| ARGX argenx SE | 405.48 k | 748.00 shares | 3.02 | Long | Netherlands | |
| NOK Nokia Oyj | 389.55 k | 89.14 k shares | 2.90 | Long | Finland | |
| Invesco Government & Agency Portfolio | 380.87 k | 380.87 k shares | 2.84 | Short-term investment vehicle | N/A | USA |
| NGG National Grid plc | 375.10 k | 5.38 k shares | 2.80 | Long | UK | |
| EQNR Equinor ASA | 375.06 k | 14.81 k shares | 2.80 | Long | Norway | |
| ERICSSON LM TELEPHONE ADR | 366.19 k | 48.31 k shares | 2.73 | Long | Sweden | |
| VOD Vodafone Group Public Limited Company | 358.18 k | 35.75 k shares | 2.67 | Long | UK | |
| BNTX BioNTech SE | 355.24 k | 2.99 k shares | 2.65 | Long | Germany | |
| ASND Ascendis Pharma A/S | 335.05 k | 2.24 k shares | 2.50 | Long | Denmark | |
| MT ArcelorMittal S.A. | 286.71 k | 10.92 k shares | 2.14 | Long | Luxembourg | |
| TS Tenaris S.A. | 275.78 k | 8.68 k shares | 2.06 | Long | Luxembourg | |
| RYAAY Ryanair Holdings plc | 270.29 k | 5.98 k shares | 2.01 | Long | Ireland | |
| STM STMicroelectronics N.V. | 213.43 k | 7.18 k shares | 1.59 | Long | Netherlands | |
| NVO Novo Nordisk A/S | 106.81 k | 897.00 shares | 0.80 | Long | Denmark |
