Veredus 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
3M CO	common	88579Y101	648	4,569	SH		SOLE	0	0	0	4,569
ABBVIE	common	00287Y109	1,289	23,675	SH		SOLE	0	16,904	0	6,771
ACE LTD	common	H0023R105	3,019	29,200	SH		SOLE	0	0	0	29,200
AERCAP HOLDINGS NV	common	N00985106	12,876	336,715	SH		SOLE	0	54,398	0	282,317
AGRIUM, INC	common	008916108	11,436	127,785	SH		SOLE	0	20,663	0	107,122
ALLERGAN, INC	common	G0177J108	13,334	49,057	SH		SOLE	0	7,411	0	41,646
ALLIANZ AKTIENGESELLSCHAF ADR	common	018805101	1,486	95,031	SH		SOLE	0	79,449	0	15,582
ALLIED WRLD ASSUR COM	common	H01531104	2,618	68,600	SH		SOLE	0	0	0	68,600
ALPHABET INC	common	02079K305	23,911	37,456	SH		SOLE	0	7,799	0	29,657
ALTRIA GROUP INC COM	common	02209S103	39,857	732,668	SH		SOLE	0	176,741	0	555,927
AMBEV S.A.	common	02319V103	2,394	488,600	SH		SOLE	0	0	0	488,600
AMDOCS LTD	common	G02602103	14,958	262,980	SH		SOLE	0	42,631	0	220,349
AMERICAN INTL GROUP INC	common	026874784	48,635	855,956	SH		SOLE	0	171,124	0	684,832
AMERIPRISE FINANCIAL INC	common	03076C106	51,468	471,617	SH		SOLE	0	94,046	0	377,571
AMGEN INC	common	031162100	1,179	8,523	SH		SOLE	0	0	0	8,523
ANTHEM, INC	common	036752103	30,000	214,283	SH		SOLE	0	42,847	0	171,436
AON CORP.	common	G0408V102	14,582	164,561	SH		SOLE	0	26,410	0	138,151
APPLE COMPUTER INC	common	037833100	64,148	581,577	SH		SOLE	0	102,765	0	478,812
ASHLAND INC	common	044209104	262	2,606	SH		SOLE	0	2,606	0	0
ASTRAZENECA PLC-SPONS ADR	common	046353108	1,217	38,255	SH		SOLE	0	26,715	0	11,540
AT&T INC COM	common	00206R102	1,629	50,008	SH		SOLE	0	36,549	0	13,459
AUTOHOME INC	common	05278C107	4,661	143,268	SH		SOLE	0	23,133	0	120,135
AUTOZONE INC	common	053332102	384	530	SH		SOLE	0	530	0	0
AVAGO TECHNOLOGIES	common	Y0486S104	18,918	151,334	SH		SOLE	0	21,608	0	129,726
AVG TECHNOLOGIES N.V.	common	N07831105	12,951	595,470	SH		SOLE	0	95,911	0	499,559
AXA- SPONS ADR	common	054536107	18,950	778,988	SH		SOLE	0	149,524	0	629,464
BANCO BILBAO VIZCAYA ARG ADR	common	05946K101	7,925	946,899	SH		SOLE	0	153,006	0	793,893
BANCO SANTANDER CHILE NEW	common	05965X109	3,907	214,457	SH		SOLE	0	34,861	0	179,596
BANK NOVA SCOTIA HALIFAX	common	064149107	1,199	27,212	SH		SOLE	0	22,454	0	4,758
BARCLAYS ADR	common	06738E204	15,633	1,057,675	SH		SOLE	0	141,947	0	915,728
BAYER AG ADR	common	072730302	15,098	117,923	SH		SOLE	0	17,714	0	100,209
BLACKROCK INC	common	09247X101	32,670	109,825	SH		SOLE	0	22,862	0	86,963
BNP PARIBAS PA ADR	common	05565A202	10,484	354,503	SH		SOLE	0	59,168	0	295,335
BRITISH AMERN TOB PLC ADR	common	110448107	1,558	14,160	SH		SOLE	0	14,160	0	0
CA INC.	common	12673P105	1,999	73,232	SH		SOLE	0	60,489	0	12,743
CANADIAN NATL RY CO	common	136375102	17,108	301,415	SH		SOLE	0	40,279	0	261,136
CANADIAN PACIFIC RAILWAY LTD	common	13645T100	2,742	19,100	SH		SOLE	0	0	0	19,100
CARNIVAL CORP-CL A	common	143658300	19,285	388,032	SH		SOLE	0	78,632	0	309,400
CARNIVAL PLC	common	14365C103	8,689	167,958	SH		SOLE	0	25,799	0	142,159
CBS CORPORATION	common	124857202	26,366	660,807	SH		SOLE	0	94,298	0	566,509
CENTERPOINT ENERGY	common	15189T107	229	12,667	SH		SOLE	0	0	0	12,667
CF INDUSTRIES	common	125269100	17,339	386,180	SH		SOLE	0	77,307	0	308,873
CHEVRON CORP NEW COM	common	166764100	1,349	17,100	SH		SOLE	0	12,682	0	4,418
CHICAGO BRIDGE & IRON CO. N.V.	common	167250109	12,493	314,984	SH		SOLE	0	50,787	0	264,197
CHINA LIFE INS CO LTD	common	16939P106	2,586	148,800	SH		SOLE	0	0	0	148,800
CHINA MOBILE LIMITED	common	16941M109	1,584	26,631	SH		SOLE	0	22,281	0	4,350
CHINA PETE & CHEM CORP	common	16941R108	747	12,141	SH		SOLE	0	10,022	0	2,119
CISCO SYS INC COM	common	17275R102	51,216	1,951,087	SH		SOLE	0	395,930	0	1,555,157
COACH INC	common	189754104	1,336	46,184	SH		SOLE	0	38,649	0	7,535
CONOCOPHILLIPS	common	20825C104	1,221	25,452	SH		SOLE	0	20,600	0	4,852
CORE LABORATORIES N V	common	N22717107	2,725	27,300	SH		SOLE	0	0	0	27,300
CREDIT SUISSE GROUP (ADS)	common	225401108	9,757	406,024	SH		SOLE	0	65,640	0	340,384
CVS CAREMARK CORPORATION COM	common	126650100	62,101	643,669	SH		SOLE	0	107,116	0	536,553
DANAHER CORP DEL COM	common	235851102	295	3,460	SH		SOLE	0	3,460	0	0
DELPHI AUTOMOTIVE PLC	common	G27823106	71,399	938,968	SH		SOLE	0	171,193	0	767,775
DELTA AIRLINES	common	247361702	41,328	921,056	SH		SOLE	0	186,186	0	734,870
DIAGEO P L C ADR	common	25243Q205	1,182	10,963	SH		SOLE	0	0	0	10,963
DISCOVER FINANCIAL SERVICES	common	254709108	34,990	673,017	SH		SOLE	0	127,154	0	545,863
DOCTOR REDDY'S LAB-ADR	common	256135203	16,944	265,129	SH		SOLE	0	40,178	0	224,951
DOLLAR GENERAL CORP	common	256677105	10,501	144,956	SH		SOLE	0	4,256	0	140,700
DOMINION RES INC VA NEW COM	common	25746U109	506	7,188	SH		SOLE	0	200	0	6,988
DOW CHEMICAL CO	common	260543103	1,078	25,427	SH		SOLE	0	25,427	0	0
EMERSON ELEC CO COM	common	291011104	1,407	31,851	SH		SOLE	0	23,831	0	8,020
ENERGY TRANSFER EQUITY LP	LTD Partner	29273V100	351	16,884	SH		SOLE	0	16,884	0	0
EXPRESS SCRIPTS HOLDING COMPAN	common	30219G108	56,914	702,986	SH		SOLE	0	141,410	0	561,576
EXXON MOBIL	common	30231G102	941	12,662	SH		SOLE	0	6,674	0	5,988
F5 NETWORKS	common	315616102	32,962	284,648	SH		SOLE	0	56,972	0	227,676
FASTENAL CO	common	311900104	9,778	267,087	SH		SOLE	0	7,887	0	259,200
FINANCIAL SELECT SECTOR	common	81369Y605	247	10,895	SH		SOLE	0	0	0	10,895
FOSSIL INC	common	34988V106	9,101	162,868	SH		SOLE	0	5,368	0	157,500
FRESENIUS MEDICAL CARE AG & CO	common	358029106	262	6,707	SH		SOLE	0	6,707	0	0
FUJIFILM HOLDINGS CORP	common	35958N107	9,501	254,046	SH		SOLE	0	40,810	0	213,236
GAMESTOP	common	36467W109	10,596	257,134	SH		SOLE	0	7,534	0	249,600
GAP INC	common	364760108	8,365	293,515	SH		SOLE	0	8,715	0	284,800
GARMIN LTD***	common	H2906T109	1,018	28,372	SH		SOLE	0	22,608	0	5,764
GENERAL ELECTRIC CO	common	369604103	2,047	81,179	SH		SOLE	0	79,079	0	2,100
GENERAL MILLS	common	370334104	1,409	25,096	SH		SOLE	0	1,090	0	24,006
GILEAD SCIENCES INC	common	375558103	63,831	650,074	SH		SOLE	0	115,378	0	534,696
GLAXOSMITHKLINE PLC	common	37733W105	936	24,360	SH		SOLE	0	24,360	0	0
GOLDMAN SACHS GROUP INC COM	common	38141G104	44,300	254,949	SH		SOLE	0	50,456	0	204,493
GRIFOLS, S.A. ADR	common	398438408	9,159	301,275	SH		SOLE	0	45,687	0	255,588
GRUPO FINANCIERO SANTANDER MEX	common	40053C105	8,014	1,091,806	SH		SOLE	0	173,623	0	918,183
HASBRO INC	common	418056107	10,904	151,153	SH		SOLE	0	4,953	0	146,200
HDFC BANK LTD	common	40415F101	14,127	231,257	SH		SOLE	0	37,041	0	194,216
HEWLETT PACKARD CO COM	common	428236103	34,174	1,334,382	SH		SOLE	0	267,802	0	1,066,580
HOLLYSYS AUTOMATION, LTD	common	G45667105	11,656	666,824	SH		SOLE	0	107,597	0	559,227
HOME DEPOT	common	437076102	75,848	656,752	SH		SOLE	0	114,195	0	542,557
HSBC HLDGS PLC ADR	common	404280406	1,269	33,507	SH		SOLE	0	27,892	0	5,615
ICICI BK LTD ADR	common	45104G104	9,577	1,142,771	SH		SOLE	0	185,210	0	957,561
ICON PLC - AMERICAN DEPOSITARY	common	G4705A100	16,637	234,426	SH		SOLE	0	39,305	0	195,121
ILLINOIS TOOL WKS INC COM	common	452308109	41,020	498,365	SH		SOLE	0	99,337	0	399,028
INFOSYS TECHNOLOGIES LTD	common	456788108	3,663	191,900	SH		SOLE	0	0	0	191,900
ING GROUP N V	common	456837103	11,582	819,662	SH		SOLE	0	131,897	0	687,765
INTEL CORP	common	458140100	34,786	1,154,122	SH		SOLE	0	269,309	0	884,813
INVESCO PLC	common	G491BT108	42,025	1,345,657	SH		SOLE	0	249,153	0	1,096,504
IPG PHOTONICS	common	44980X109	9,453	124,432	SH		SOLE	0	25,234	0	99,198
ISHARES BARCLAYS TIPS BOND FUN	ETF	464287176	491	4,440	SH		SOLE	0	4,440	0	0
ISHARES CORE S&P 500 INDEX	ETF	464287200	3,673	19,060	SH		SOLE	0	19,060	0	0
ISHARES CORE TOTAL US BOND MAR	ETF	464287226	26,841	244,940	SH		SOLE	0	244,940	0	0
ISHARES INC S+P SMALL CAP 600/	ETF	464287887	598	4,980	SH		SOLE	0	4,980	0	0
ISHARES LEHMAN TREASURY BOND F	ETF	464287457	3,213	37,810	SH		SOLE	0	37,810	0	0
ISHARES S&P 500 BAR VALUE	ETF	464287408	8,722	103,800	SH		SOLE	0	103,800	0	0
ISHARES TR	ETF	464288612	1,649	14,848	SH		SOLE	0	14,848	0	0
ISHARES TR MSCI EAFE IDX	ETF	464287465	6,065	105,813	SH		SOLE	0	105,813	0	0
ISHARES TR RUSSELL 1000 VALUE	ETF	464287598	236	2,527	SH		SOLE	0	2,527	0	0
ISHARES TR S&P MIDCAP GROWTH	ETF	464287606	1,755	11,170	SH		SOLE	0	11,170	0	0
ISHARES TR S&P MIDCP VALUE	ETF	464287705	2,312	20,040	SH		SOLE	0	20,040	0	0
ISHARES TR S&P SMLCP VALUE	ETF	464287879	1,226	11,700	SH		SOLE	0	11,700	0	0
ISHARES TR S&P500/BAR GRW	ETF	464287309	13,980	129,680	SH		SOLE	0	129,680	0	0
J P MORGAN CHASE & CO	common	46625H100	48,992	803,545	SH		SOLE	0	166,904	0	636,641
JAZZ PHARMACEUTICALS INC	common	G50871105	15,359	115,648	SH		SOLE	0	18,539	0	97,109
JOHNSON & JOHNSON COM	common	478160104	546	5,853	SH		SOLE	0	2,940	0	2,913
JULIUS BAER GROUP LTD ADR	common	48137C108	350	38,690	SH		SOLE	0	36,644	0	2,046
JUNIPER NETWORKS	common	48203R104	11,092	431,425	SH		SOLE	0	14,125	0	417,300
KENTUCKY BANCSHARES INC	common	491203105	253	8,400	SH		SOLE	0	8,400	0	0
KUBOTA CORPORATION ADR	common	501173207	12,205	177,038	SH		SOLE	0	27,780	0	149,258
LAZARD LTD	common	G54050102	20,503	473,521	SH		SOLE	0	61,621	0	411,900
LINCOLN NATIONAL CORP	common	534187109	36,533	769,774	SH		SOLE	0	153,679	0	616,095
LOGITECH INTERNATIONAL S.A.	common	H50430232	2,726	207,900	SH		SOLE	0	0	0	207,900
LVMH Moet Hennessy	common	502441306	16,080	472,784	SH		SOLE	0	76,337	0	396,447
LYONDELLBASELL INDUSTRIES	common	N53745100	24,178	290,044	SH		SOLE	0	31,892	0	258,152
MACYS INC	common	55616P104	36,055	702,568	SH		SOLE	0	135,026	0	567,542
MAGNA INTERNATIONAL INC	common	559222401	19,092	397,666	SH		SOLE	0	55,253	0	342,413
MAKITA CORP ADR	common	560877300	13,295	250,707	SH		SOLE	0	39,685	0	211,022
MARATHON OIL CORP COM	common	565849106	219	14,248	SH		SOLE	0	13,798	0	450
MARATHON PETROLEUM CORP	common	56585A102	40,415	872,344	SH		SOLE	0	178,287	0	694,057
MCDONALDS CORP	common	580135101	811	8,233	SH		SOLE	0	3,090	0	5,143
MCKESSON CORP COM	common	58155Q103	44,544	240,743	SH		SOLE	0	51,211	0	189,532
MERCADOLIBRE INC	common	58733R102	2,040	22,400	SH		SOLE	0	0	0	22,400
MERCK & CO INC	common	58933Y105	25,021	506,587	SH		SOLE	0	99,327	0	407,260
METHANEX CORP	common	59151K108	5,152	155,354	SH		SOLE	0	25,208	0	130,146
MICHAEL KORS HOLDINGS LTD***	common	G60754101	14,062	332,913	SH		SOLE	0	8,613	0	324,300
MICROSOFT CORP	common	594918104	653	14,748	SH		SOLE	0	8,815	0	5,933
MITSUBISHI UFJ FINL GROUP ADR	common	606822104	12,780	2,098,626	SH		SOLE	0	335,363	0	1,763,263
MITSUI & CO LTD ADR	common	606827202	7,581	33,550	SH		SOLE	0	5,418	0	28,132
MOBILE TELESYSTEMS OJSC	common	607409109	2,535	351,100	SH		SOLE	0	0	0	351,100
MONSANTO CO.	common	61166W101	7,262	85,096	SH		SOLE	0	2,496	0	82,600
NATIONAL GRID TRANSCO PLC ADR	common	636274300	9,379	134,692	SH		SOLE	0	40,606	0	94,086
NATIONAL OILWELL VARCO	common	637071101	8,786	233,360	SH		SOLE	0	6,860	0	226,500
NAVIGATOR HOLDINGS LTD	common	Y62132108	10,253	767,984	SH		SOLE	0	124,286	0	643,698
NESTLE S A ADR	common	641069406	9,892	131,481	SH		SOLE	0	24,065	0	107,416
NETEASE INC. ADR	common	64110W102	14,307	119,102	SH		SOLE	0	19,190	0	99,912
NEW ORIENTAL EDUCATION ADR	common	647581107	12,792	632,926	SH		SOLE	0	81,550	0	551,376
NISSAN MOTORS	common	654744408	6,884	370,801	SH		SOLE	0	60,460	0	310,341
NOAH HOLDINGS LTD ADS	common	65487X102	8,135	346,313	SH		SOLE	0	55,986	0	290,327
NORTHROP GRUMMAN CORP	common	666807102	11,662	70,274	SH		SOLE	0	2,074	0	68,200
NOVARTIS A G SPONSORED ADR	common	66987V109	9,827	106,914	SH		SOLE	0	28,200	0	78,714
NOVO-NORDISK A S ADR	common	670100205	10,937	201,639	SH		SOLE	0	24,103	0	177,536
NVIDIA CORP	common	67066g104	31,197	1,265,621	SH		SOLE	0	255,393	0	1,010,228
NVR INC	common	62944T105	63,407	41,572	SH		SOLE	0	8,354	0	33,218
NXP SEMICONDUCTORS NV	common	N6596X109	19,429	223,139	SH		SOLE	0	30,863	0	192,276
ON SEMICONDUCTOR CORP	common	682189105	35,165	3,741,021	SH		SOLE	0	750,232	0	2,990,789
ORANGE	common	684060106	11,801	780,531	SH		SOLE	0	129,825	0	650,706
ORIX CORP ADR	common	686330101	12,372	190,532	SH		SOLE	0	30,558	0	159,974
OSHKOSH CORPORATION	common	688239201	13,380	368,293	SH		SOLE	0	73,074	0	295,219
PACWEST BANCORP	common	695263103	1,374	32,097	SH		SOLE	0	26,615	0	5,482
PENSKE AUTOMOTIVE GROUP	common	70959W103	30,348	626,512	SH		SOLE	0	125,851	0	500,661
PEPSICO INC COM	common	713448108	451	4,782	SH		SOLE	0	3,355	0	1,427
PETROCHINA CO LTD	common	71646E100	2,049	29,400	SH		SOLE	0	0	0	29,400
PFIZER INC	common	717081103	18,378	585,102	SH		SOLE	0	123,027	0	462,075
PHILIP MORRIS INTL INC COM	common	718172109	20,973	264,373	SH		SOLE	0	66,263	0	198,110
PHILLIPS 66	common	718546104	36,789	478,778	SH		SOLE	0	92,632	0	386,146
PLAINS ALL AMERICAN PIPELINE L	LTD Partner	726503105	287	9,460	SH		SOLE	0	9,200	0	260
POTASH CORP OF SASKATCHEWAN	common	73755l107	1,107	53,873	SH		SOLE	0	46,663	0	7,210
PRICELINE INC	common	741503403	28,792	23,278	SH		SOLE	0	4,730	0	18,548
PROCTER & GAMBLE	common	742718109	678	9,425	SH		SOLE	0	6,495	0	2,930
PUBLIC SVC ENTERPRISE	common	744573106	20,263	480,635	SH		SOLE	0	96,999	0	383,636
QIHOO 360 TECHNOLOGY CO. LTD	common	74734M109	7,145	149,396	SH		SOLE	0	24,241	0	125,155
RADWARE LTD	common	M81873107	10,001	615,066	SH		SOLE	0	99,484	0	515,582
RELX PLX	common	759530108	238	13,686	SH		SOLE	0	13,686	0	0
ROBERT HALF INTL	common	770323103	10,347	202,253	SH		SOLE	0	6,653	0	195,600
ROSS STORES INC COM	common	778296103	11,356	234,287	SH		SOLE	0	7,533	0	226,754
ROYAL CARIBBEAN CRUISES	common	V7780T103	12,698	142,526	SH		SOLE	0	3,526	0	139,000
RYANAIR HOLDINGS PLC ADR	common	783513203	16,356	208,886	SH		SOLE	0	33,690	0	175,196
RYDER SYSTEM INC	common	783549108	26,279	354,925	SH		SOLE	0	70,781	0	284,144
SASOL LTD ADR	common	803866300	2,429	87,300	SH		SOLE	0	0	0	87,300
SCHLUMBERGER LTD	common	806857108	11,889	172,386	SH		SOLE	0	27,644	0	144,742
SCRIPPS NETWORKS INTERACTIVE I	common	811065101	8,508	172,961	SH		SOLE	0	5,661	0	167,300
SEAGATE TECH***	common	G7945M107	2,858	63,800	SH		SOLE	0	0	0	63,800
SENSATA TECHNOLOGIES HOLDING N	common	N7902X106	15,550	350,688	SH		SOLE	0	56,363	0	294,325
SHAW COMMUNICATIONS	common	82028K200	1,206	62,173	SH		SOLE	0	51,356	0	10,817
SHERWIN WILLIAMS CO	common	824348106	9,074	40,729	SH		SOLE	0	1,329	0	39,400
SHIRE PLC (ADS)***	common	82481R106	13,941	67,926	SH		SOLE	0	10,864	0	57,062
SIEMENS A G ADR	common	826197501	220	2,469	SH		SOLE	0	456	0	2,013
SKY PLC ADR	common	83084V106	14,897	234,935	SH		SOLE	0	35,316	0	199,619
SMITH & NEPHEW PLC ADR	common	83175M205	12,847	367,046	SH		SOLE	0	61,702	0	305,344
SOUTHWEST AIRLINES	common	844741108	29,446	774,088	SH		SOLE	0	157,539	0	616,549
SPDR TR UNIT SER 1	common	78462F103	552	2,880	SH		SOLE	0	2,880	0	0
STANTEC, INC	common	85472N109	11,984	547,228	SH		SOLE	0	87,333	0	459,895
STATE STR CORP COM	common	857477103	29,129	433,410	SH		SOLE	0	87,467	0	345,943
STRYKER CORP	common	863667101	22,551	239,652	SH		SOLE	0	44,512	0	195,140
SUMITOMO MITSUI FINCL GR	common	86562M209	2,595	340,100	SH		SOLE	0	0	0	340,100
SUN LIFE FINANCIAL	common	866796105	1,621	50,270	SH		SOLE	0	39,053	0	11,217
SUNCOR ENERGY	common	867224107	2,942	110,100	SH		SOLE	0	0	0	110,100
SYNAPTICS INC	common	87157D109	33,300	403,831	SH		SOLE	0	80,866	0	322,965
TAIWAN SEMICONDUCTOR MFG CO AD	common	874039100	10,408	501,605	SH		SOLE	0	81,132	0	420,473
TE CONNECTIVITY LTD.	common	H84989104	42,802	714,674	SH		SOLE	0	144,450	0	570,224
TEGNA Inc	common	87901J105	19,110	853,528	SH		SOLE	0	173,750	0	679,778
TELUS CORP NV	common	87971M103	9,152	290,183	SH		SOLE	0	30,495	0	259,688
TESORO CORP	common	881609101	12,847	132,117	SH		SOLE	0	4,317	0	127,800
TJX COMPANIES	common	872540109	12,163	170,302	SH		SOLE	0	5,002	0	165,300
TOTAL SA	common	89151E109	1,144	25,604	SH		SOLE	0	21,070	0	4,534
TRACTOR SUPPLY	common	892356106	10,498	124,506	SH		SOLE	0	4,106	0	120,400
TRAVELERS COS INC	common	89417E109	11,210	112,632	SH		SOLE	0	3,332	0	109,300
TWENTY-FIRST CENTURY FOX	common	90130A101	9,284	344,096	SH		SOLE	0	11,296	0	332,800
TYCO INTL PLC	common	G91442106	857	25,611	SH		SOLE	0	0	0	25,611
UBS GROUP AG	common	H42097107	11,597	626,178	SH		SOLE	0	103,593	0	522,585
UNION PAC CORP COM	common	907818108	29,453	333,139	SH		SOLE	0	67,795	0	265,344
UNITED HEALTHCARE CORP	common	91324p102	67,270	579,866	SH		SOLE	0	110,098	0	469,768
UNITED RENTALS INC	common	911363109	31,361	522,247	SH		SOLE	0	101,303	0	420,944
UNITED TECHNOLOGIES CORP COM	common	913017109	31,655	355,711	SH		SOLE	0	71,771	0	283,940
VALEANT PHARMA INTL	common	91911K102	12,894	72,288	SH		SOLE	0	12,223	0	60,065
VANGUARD BD INDEX FD INC	Short Trm Bond	921937827	973	12,100	SH		SOLE	0	12,100	0	0
VANGUARD INTERMEDIATE-TERM COR	Int Term Corp	92206C870	306	3,580	SH		SOLE	0	3,580	0	0
VERIZON COMMUNICATIONS	common	92343V104	9,732	223,674	SH		SOLE	0	54,202	0	169,472
VERMILION ENERGY INC	common	923725105	731	22,733	SH		SOLE	0	18,730	0	4,003
W.W. GRAINGER INC.	common	384802104	10,189	47,390	SH		SOLE	0	1,390	0	46,000
WELLS FARGO & CO	common	949746101	42,477	827,207	SH		SOLE	0	166,322	0	660,885
WESTPAC BKG CORP	common	961214301	1,220	57,927	SH		SOLE	0	47,798	0	10,129
WISDOMTREE GLOBAL EQUITY	common	97717W877	258	6,757	SH		SOLE	0	6,757	0	0
WNS HOLDINGS LTD	common	92932M101	11,976	428,467	SH		SOLE	0	69,070	0	359,397
WPP PLC ADR	common	92937A102	15,943	153,255	SH		SOLE	0	20,536	0	132,719
XL GROUP PLC***	common	G98290102	2,869	79,000	SH		SOLE	0	0	0	79,000
YARA INTL ASA ADR	common	984851204	2,439	60,800	SH		SOLE	0	0	0	60,800
YPF S.A.	common	984245100	4,800	315,193	SH		SOLE	0	50,898	0	264,295