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	COM	88579Y101	258	1,230	SH		SOLE	0	0	0	1,230
ABBVIE	COM	00287Y109	21,008	236,420	SH		SOLE	0	44,614	0	191,806
ACCENTURE LTD BERMUDA	COM	G1151C101	3,323	24,600	SH		SOLE	0	0	0	24,600
AEGON NV-ORD AMERICAN REGD	COM	007924103	3,318	573,000	SH		SOLE	0	0	0	573,000
AERCAP HOLDINGS NV	COM	N00985106	22,190	434,165	SH		SOLE	0	143,165	0	291,000
ALIBABA GROUP HOLDING	COM	01609W102	12,633	73,143	SH		SOLE	0	24,143	0	49,000
ALLERGAN, INC	COM	G0177J108	21,740	106,076	SH		SOLE	0	15,976	0	90,100
ALLIANZ AKTIENGESELLSCHAF ADR	COM	018805101	1,647	73,581	SH		SOLE	0	59,382	0	14,199
ALPHABET INC	COM	02079K305	33,459	34,362	SH		SOLE	0	4,786	0	29,576
ALTRIA GROUP INC COM	COM	02209S103	25,832	407,320	SH		SOLE	0	70,025	0	337,295
AMDOCS LTD	COM	G02602103	19,495	303,093	SH		SOLE	0	99,993	0	203,100
AMERICAN AIRLINES GROUP	COM	02376R102	13,919	293,090	SH		SOLE	0	7,390	0	285,700
AMERICAN INTL GROUP INC	COM	026874784	14,384	234,313	SH		SOLE	0	5,913	0	228,400
AMERIPRISE FINANCIAL INC	COM	03076C106	40,707	274,098	SH		SOLE	0	38,483	0	235,615
AMERISOURCE BERGEN CORP	COM	03073E105	15,251	184,304	SH		SOLE	0	26,059	0	158,245
AMGEN INC	COM	031162100	35,397	189,845	SH		SOLE	0	27,468	0	162,377
ANTHEM, INC	COM	036752103	26,924	141,793	SH		SOLE	0	19,338	0	122,455
AON CORP.	COM	G0408V102	67,505	462,043	SH		SOLE	0	104,334	0	357,709
APPLE COMPUTER INC	COM	037833100	41,025	266,188	SH		SOLE	0	36,808	0	229,380
APPLIED MATERIALS	COM	038222105	18,285	351,021	SH		SOLE	0	8,521	0	342,500
ASHTEAD GROUP PLC UNSP	COM	045055100	13,727	142,318	SH		SOLE	0	47,318	0	95,000
ASSURANT INC	COM	04621X108	13,456	140,875	SH		SOLE	0	3,375	0	137,500
ASTELLAS PHARMA INC	COM	04623U102	6,081	479,559	SH		SOLE	0	155,559	0	324,000
ASTRAZENECA PLC-SPONS ADR	COM	046353108	818	24,131	SH		SOLE	0	24,131	0	0
AT&T INC COM	COM	00206R102	1,427	36,432	SH		SOLE	0	23,464	0	12,968
AXA- SPONS ADR	COM	054536107	17,287	573,918	SH		SOLE	0	214,879	0	359,039
BAIDU INC	COM	056752108	15,088	60,916	SH		SOLE	0	20,116	0	40,800
BANCO SANTANDER CHILE NEW	COM	05965X109	21,592	726,772	SH		SOLE	0	240,372	0	486,400
BANCO SANTANDER SA ADS	COM	05964H105	24,769	3,569,048	SH		SOLE	0	1,189,048	0	2,380,000
BANK NOVA SCOTIA HALIFAX	COM	064149107	17,889	278,424	SH		SOLE	0	102,312	0	176,112
BANK OF AMERICA CORPORATION	COM	060505104	46,573	1,837,923	SH		SOLE	0	190,598	0	1,647,325
BANK OF MONTREAL	COM	063671101	21,698	286,600	SH		SOLE	0	95,600	0	191,000
BEST BUY INC COM	COM	086516101	14,201	249,321	SH		SOLE	0	7,951	0	241,370
BLACKROCK INC	COM	09247X101	27,834	62,256	SH		SOLE	0	8,955	0	53,301
BNP PARIBAS PA ADR	COM	05565A202	24,552	607,277	SH		SOLE	0	202,277	0	405,000
BOEING & CO.	COM	097023105	11,653	45,842	SH		SOLE	0	842	0	45,000
BRIDGESTONE CORPORATION	COM	108441205	3,276	144,200	SH		SOLE	0	0	0	144,200
BRITISH AMERN TOB PLC ADR	COM	110448107	17,014	272,444	SH		SOLE	0	56,444	0	216,000
BROADCOM LTD	COM	Y09827109	43,175	178,010	SH		SOLE	0	46,779	0	131,231
CA INC.	COM	12673P105	1,986	59,470	SH		SOLE	0	47,858	0	11,612
CAIXABANK UNSPON ADR	COM	12803K109	3,104	1,869,900	SH		SOLE	0	0	0	1,869,900
CANADIAN NATL RY CO	COM	136375102	22,624	273,068	SH		SOLE	0	90,768	0	182,300
CARDINAL HEALTH INC.	COM	14149Y108	366	5,474	SH		SOLE	0	1,360	0	4,114
CARNIVAL CORP-CL A	COM	143658300	37,000	573,024	SH		SOLE	0	79,741	0	493,283
CARNIVAL PLC	COM	14365C103	20,354	315,664	SH		SOLE	0	100,964	0	214,700
CBS CORPORATION	COM	124857202	41,664	718,344	SH		SOLE	0	68,979	0	649,365
CELGENE CORP	COM	151020104	35,856	245,896	SH		SOLE	0	34,745	0	211,151
CEMEX	COM	151290889	21,370	2,353,436	SH		SOLE	0	786,476	0	1,566,960
CHECK POINT SOFTWARE TECH	COM	M22465104	22,620	198,386	SH		SOLE	0	66,086	0	132,300
CHEVRON CORP NEW COM	COM	166764100	1,634	13,905	SH		SOLE	0	9,716	0	4,189
CHINA OVERSEAS LAND & INVESTME	COM	169403201	8,086	83,182	SH		SOLE	0	28,182	0	55,000
CISCO SYS INC COM	COM	17275R102	39,163	1,164,537	SH		SOLE	0	190,389	0	974,148
CITIZENS FINANCIAL GROUP INC	COM	174610105	67,625	1,785,710	SH		SOLE	0	203,275	0	1,582,435
COACH INC	COM	189754104	1,545	38,333	SH		SOLE	0	30,974	0	7,359
COCA COLA	COM	191216100	207	4,590	SH		SOLE	0	1,990	0	2,600
CORNING INC	COM	219350105	14,478	483,903	SH		SOLE	0	8,503	0	475,400
CREDIT AGRICOLE SA UNSPON ADR	COM	225313105	3,368	371,300	SH		SOLE	0	0	0	371,300
CRH PLC ADR	COM	12626K203	17,147	452,904	SH		SOLE	0	150,904	0	302,000
CRITEO SA ADS	COM	226718104	6,797	163,792	SH		SOLE	0	54,792	0	109,000
CTRIP.COM INTL LTD ADS	COM	22943F100	17,808	337,669	SH		SOLE	0	112,669	0	225,000
CVS CAREMARK CORPORATION COM	COM	126650100	16,774	206,280	SH		SOLE	0	30,216	0	176,064
DAITO TRUST CONSTRUCTION	COM	23405X209	3,530	77,300	SH		SOLE	0	0	0	77,300
DANSKE BANK ADR	COM	236363206	3,135	156,300	SH		SOLE	0	0	0	156,300
DBS GROUP HOLDINGS LTD	COM	23304Y100	18,820	305,574	SH		SOLE	0	101,574	0	204,000
DELPHI AUTOMOTIVE PLC	COM	G27823106	60,172	611,504	SH		SOLE	0	133,369	0	478,135
DELTA AIRLINES	COM	247361702	22,278	462,011	SH		SOLE	0	66,159	0	395,852
DOMINION ENERGY INC	COM	25746U109	521	6,778	SH		SOLE	0	200	0	6,578
DOWDUPONT INC.	COM	26078J100	19,863	286,910	SH		SOLE	0	61,900	0	225,010
E ON SE SPONS ADR	COM	268780103	8,173	718,203	SH		SOLE	0	237,203	0	481,000
EATON CORP PLC	COM	G29183103	1,995	25,983	SH		SOLE	0	21,245	0	4,738
ELI LILLY & CO	COM	532457108	210	2,455	SH		SOLE	0	1,455	0	1,000
EMERSON ELEC CO COM	COM	291011104	1,687	26,849	SH		SOLE	0	19,257	0	7,592
ENERGY TRANSFER EQUITY LP	Ltd Partn	29273V100	293	16,884	SH		SOLE	0	16,884	0	0
EXXON MOBIL	COM	30231G102	930	11,342	SH		SOLE	0	6,674	0	4,668
F5 NETWORKS	COM	315616102	44,880	372,263	SH		SOLE	0	39,044	0	333,219
FASTENAL CO	COM	311900104	15,387	337,593	SH		SOLE	0	10,293	0	327,300
FEDEX CORP	COM	31428X106	22,429	99,426	SH		SOLE	0	14,027	0	85,399
FERGUSON PLC ADR	COM	31502A105	3,350	506,100	SH		SOLE	0	0	0	506,100
FIAT CHRYSLER AUTOMOBILE N.V.	COM	N31738102	4,664	260,400	SH		SOLE	0	0	0	260,400
FIRST DATA CORP	COM	32008D106	13,184	730,823	SH		SOLE	0	102,949	0	627,874
FRESENIUS MEDICAL CARE AG & CO	COM	358029106	419	8,563	SH		SOLE	0	8,563	0	0
FUJIFILM HOLDINGS CORP	COM	35958N107	16,097	414,876	SH		SOLE	0	138,876	0	276,000
GARMIN LTD	COM	H2906T109	1,427	26,443	SH		SOLE	0	20,448	0	5,995
GEELY AUTOMOBILE HLDGS	COM	36847Q103	3,724	65,100	SH		SOLE	0	0	0	65,100
GENERAL MILLS	COM	370334104	1,230	23,763	SH		SOLE	0	4,718	0	19,045
GILEAD SCIENCES INC	COM	375558103	17,118	211,274	SH		SOLE	0	31,405	0	179,869
GLAXOSMITHKLINE PLC	COM	37733W105	795	19,586	SH		SOLE	0	19,586	0	0
GRIFOLS, S.A. ADR	COM	398438408	21,029	957,331	SH		SOLE	0	306,731	0	650,600
GRUPO FINANCIERO SANTANDER MEX	COM	40053C105	17,528	1,737,236	SH		SOLE	0	571,036	0	1,166,200
HDFC BANK LTD	COM	40415F101	24,566	254,912	SH		SOLE	0	85,912	0	169,000
HENNES & MAURITZ ADR	COM	425883105	3,178	617,100	SH		SOLE	0	0	0	617,100
HOLLYSYS AUTOMATION, LTD	COM	G45667105	11,710	541,873	SH		SOLE	0	180,273	0	361,600
HOME DEPOT	COM	437076102	61,305	374,813	SH		SOLE	0	41,562	0	333,251
HSBC HLDGS PLC ADR	COM	404280406	1,269	25,672	SH		SOLE	0	20,555	0	5,117
HUMANA INC	COM	444859102	501	2,057	SH		SOLE	0	290	0	1,767
ICON PLC - AMERICAN DEPOSITARY	COM	G4705A100	31,192	273,893	SH		SOLE	0	90,993	0	182,900
IHS MARKIT LTD	COM	G47567105	29,009	658,096	SH		SOLE	0	143,096	0	515,000
ILLINOIS TOOL WKS INC COM	COM	452308109	44,321	299,550	SH		SOLE	0	41,021	0	258,529
INDUSTRIA DE DISENO TEXTIL S.A	COM	455793109	2,998	158,700	SH		SOLE	0	0	0	158,700
ING GROUP N V	COM	456837103	29,040	1,576,515	SH		SOLE	0	502,996	0	1,073,519
INTEL CORP	COM	458140100	35,502	932,299	SH		SOLE	0	165,167	0	767,132
INVESCO PLC	COM	G491BT108	40,521	1,156,421	SH		SOLE	0	261,019	0	895,402
IPG PHOTONICS	COM	44980X109	32,529	175,776	SH		SOLE	0	24,322	0	151,454
ISHARES BARCLAYS TIPS BOND FUN	ETF	464287176	397	3,496	SH		SOLE	0	3,496	0	0
ITAU UNIBANCO HOLDINGS SA	COM	465562106	13,019	950,218	SH		SOLE	0	316,218	0	634,000
J P MORGAN CHASE & CO	COM	46625H100	52,396	548,588	SH		SOLE	0	76,712	0	471,876
JOHNSON & JOHNSON COM	COM	478160104	840	6,458	SH		SOLE	0	3,545	0	2,913
JOHNSON CONTROLS INTERNATIONAL	COM	G51502105	300	7,450	SH		SOLE	0	2,310	0	5,140
JULIUS BAER GROUP LTD ADR	COM	48137C108	393	33,278	SH		SOLE	0	33,278	0	0
KENTUCKY BANCSHARES INC	COM	491203105	350	8,400	SH		SOLE	0	8,400	0	0
KERING UNSPONSORED ADR	COM	492089107	3,546	88,900	SH		SOLE	0	0	0	88,900
KROGER CO	COM	501044101	12,604	628,320	SH		SOLE	0	15,920	0	612,400
KUBOTA CORPORATION ADR	COM	501173207	19,276	211,834	SH		SOLE	0	70,234	0	141,600
LAZARD LTD	COM	G54050102	19,332	427,507	SH		SOLE	0	137,407	0	290,100
LINCOLN NATIONAL CORP	COM	534187109	49,693	676,277	SH		SOLE	0	69,560	0	606,717
LVMH Moet Hennessy	COM	502441306	19,512	352,783	SH		SOLE	0	117,783	0	235,000
LYONDELLBASELL INDUSTRIES	COM	N53745100	22,247	224,601	SH		SOLE	0	73,327	0	151,274
MAGNA INTERNATIONAL INC	COM	559222401	17,079	319,941	SH		SOLE	0	85,091	0	234,850
MAKITA CORP ADR	COM	560877300	19,704	487,376	SH		SOLE	0	159,176	0	328,200
MARATHON PETROLEUM CORP	COM	56585A102	26,983	481,164	SH		SOLE	0	70,528	0	410,636
MCDONALDS CORP	COM	580135101	1,252	7,994	SH		SOLE	0	3,090	0	4,904
MELCO RESORTS AND ENTERTAINMEN	COM	585464100	16,328	676,934	SH		SOLE	0	171,634	0	505,300
MERCK & CO INC	COM	58933Y105	212	3,308	SH		SOLE	0	2,608	0	700
MICRON TECHNOLOGY INC	COM	595112103	19,935	506,870	SH		SOLE	0	12,770	0	494,100
MICROSOFT CORP	COM	594918104	1,070	14,363	SH		SOLE	0	8,430	0	5,933
MITSUBISHI UFJ FINL GROUP ADR	COM	606822104	15,962	2,478,587	SH		SOLE	0	830,287	0	1,648,300
MOBILE TELESYSTEMS OJSC	COM	607409109	17,742	1,699,422	SH		SOLE	0	565,422	0	1,134,000
MOMO INC	COM	60879B107	5,798	184,987	SH		SOLE	0	61,987	0	123,000
MORGAN STANLEY COM NEW	COM	617446448	38,008	789,036	SH		SOLE	0	73,827	0	715,209
MS & AD INSURANCE GROUP	COM	553491101	2,937	182,300	SH		SOLE	0	0	0	182,300
NATIONAL GRID TRANSCO PLC ADR	COM	636274409	1,316	20,996	SH		SOLE	0	16,489	0	4,507
NETEASE INC. ADR	COM	64110W102	20,041	75,966	SH		SOLE	0	22,066	0	53,900
NEW ORIENTAL EDUCATION ADR	COM	647581107	19,307	218,753	SH		SOLE	0	73,753	0	145,000
NIPPON TELEG & TEL CORP	COM	654624105	17,926	392,079	SH		SOLE	0	126,079	0	266,000
NISSAN MOTORS	COM	654744408	11,744	602,565	SH		SOLE	0	149,175	0	453,390
NOVO-NORDISK A S ADR	COM	670100205	3,500	72,680	SH		SOLE	0	0	0	72,680
NTT DOCOMO, IN	COM	62942M201	306	13,446	SH		SOLE	0	13,446	0	0
NUVEEN KENTUCKY MUNICIPAL BOND	COM	67065R804	1,344	123,951	SH		SOLE	0	18,365	0	105,586
NVIDIA CORP	COM	67066g104	24,030	134,419	SH		SOLE	0	18,448	0	115,971
NVR INC	COM	62944T105	51,892	18,176	SH		SOLE	0	2,537	0	15,639
OMEGA HEALTHCARE INVS	COM	681936100	13,705	429,485	SH		SOLE	0	83,715	0	345,770
ON SEMICONDUCTOR CORP	COM	682189105	46,630	2,524,637	SH		SOLE	0	354,308	0	2,170,329
ORIX CORP ADR	COM	686330101	22,631	279,603	SH		SOLE	0	91,803	0	187,800
OSHKOSH CORPORATION	COM	688239201	24,907	301,754	SH		SOLE	0	41,930	0	259,824
PACWEST BANCORP	COM	695263103	1,396	27,651	SH		SOLE	0	22,656	0	4,995
PEPSICO INC COM	COM	713448108	214	1,924	SH		SOLE	0	1,124	0	800
PHILIP MORRIS INTL INC COM	COM	718172109	2,592	23,355	SH		SOLE	0	18,862	0	4,493
PHILLIPS 66	COM	718546104	258	2,816	SH		SOLE	0	1,090	0	1,726
PLAINS ALL AMERICAN PIPELINE L	Ltd Partn	726503105	200	9,460	SH		SOLE	0	9,200	0	260
PRICELINE INC	COM	741503403	39,473	21,560	SH		SOLE	0	3,001	0	18,559
PROCTER & GAMBLE	COM	742718109	915	10,054	SH		SOLE	0	4,565	0	5,489
PUBLIC SVC ENTERPRISE	COM	744573106	15,665	338,707	SH		SOLE	0	46,925	0	291,782
PULTEGROUP INC.	COM	745867101	45,915	1,680,010	SH		SOLE	0	166,086	0	1,513,924
QORVO, INC	COM	74736K101	34,203	483,906	SH		SOLE	0	67,359	0	416,547
QUINTILES TRANSNATIONAL HLDG	COM	74876Y101	28,731	302,209	SH		SOLE	0	42,104	0	260,105
RELX PLX	COM	759530108	279	12,468	SH		SOLE	0	12,468	0	0
REPSOL S.A.	COM	76026T205	29,718	1,612,436	SH		SOLE	0	536,436	0	1,076,000
RIO TINTO PLC ADR	COM	767204100	51,497	1,091,281	SH		SOLE	0	236,919	0	854,362
ROBERT HALF INTL	COM	770323103	15,285	303,638	SH		SOLE	0	7,638	0	296,000
ROSS STORES INC COM	COM	778296103	16,607	257,187	SH		SOLE	0	6,143	0	251,044
RYANAIR HOLDINGS PLC ADR	COM	783513203	25,872	245,415	SH		SOLE	0	73,190	0	172,225
SBERBANK OF RUSSIA	COM	80585Y308	10,501	736,047	SH		SOLE	0	245,047	0	491,000
SEAGATE TECH	COM	G7945M107	12,617	380,363	SH		SOLE	0	9,263	0	371,100
SEKISUI HOUSE, LTD	COM	816078307	2,866	170,000	SH		SOLE	0	0	0	170,000
SENSATA TECHNOLOGIES HOLDING N	COM	N7902X106	19,535	406,376	SH		SOLE	0	135,376	0	271,000
SHAW COMMUNICATIONS	COM	82028K200	1,123	48,792	SH		SOLE	0	38,935	0	9,857
SIEMENS A G ADR	COM	826197501	9,801	138,541	SH		SOLE	0	46,541	0	92,000
SIGNET JEWELERS LTD	COM	G81276100	15,663	235,354	SH		SOLE	0	5,954	0	229,400
SK TELECOM CO	COM	78440p108	2,951	120,000	SH		SOLE	0	0	0	120,000
SOFTBANK CORP UNSP ADR	COM	83404D109	12,046	296,278	SH		SOLE	0	73,278	0	223,000
SOUTHWEST AIRLINES	COM	844741108	26,032	465,033	SH		SOLE	0	63,889	0	401,144
STANTEC, INC	COM	85472N109	6,661	240,047	SH		SOLE	0	80,647	0	159,400
STATE STR CORP COM	COM	857477103	38,122	399,013	SH		SOLE	0	37,492	0	361,521
STRYKER CORP	COM	863667101	23,473	165,279	SH		SOLE	0	19,589	0	145,690
SUN LIFE FINANCIAL	COM	866796105	14,625	378,149	SH		SOLE	0	151,119	0	227,030
SUNTRUST BANKS INC	COM	867914103	33,574	561,729	SH		SOLE	0	80,294	0	481,435
TAIWAN SEMICONDUCTOR MFG CO AD	COM	874039100	27,910	743,263	SH		SOLE	0	246,263	0	497,000
TE CONNECTIVITY LTD.	COM	H84989104	36,605	440,703	SH		SOLE	0	62,601	0	378,102
TELUS CORP NV	COM	87971M103	13,834	384,620	SH		SOLE	0	124,320	0	260,300
TJX COMPANIES	COM	872540109	15,256	206,914	SH		SOLE	0	5,214	0	201,700
TOTAL SA	COM	89151E109	70,719	1,321,370	SH		SOLE	0	291,643	0	1,029,727
TRACTOR SUPPLY	COM	892356106	17,010	268,764	SH		SOLE	0	6,764	0	262,000
UNILEVER NV	COM	904784709	5,875	99,503	SH		SOLE	0	99,503	0	0
UNION PAC CORP COM	COM	907818108	20,903	180,239	SH		SOLE	0	25,333	0	154,906
UNITED HEALTHCARE CORP	COM	91324p102	56,700	289,504	SH		SOLE	0	40,807	0	248,697
UNITED RENTALS INC	COM	911363109	41,703	300,586	SH		SOLE	0	42,194	0	258,392
UNITED TECHNOLOGIES CORP COM	COM	913017109	34,451	296,789	SH		SOLE	0	42,210	0	254,579
VALE SA	COM	91912E105	3,400	337,600	SH		SOLE	0	0	0	337,600
VANGUARD BD INDEX FD INC	Short Term Bond	921937827	1,039	13,023	SH		SOLE	0	13,023	0	0
VANGUARD INTERMEDIATE-TERM COR	Int Term Corp	92206C870	357	4,058	SH		SOLE	0	4,058	0	0
VEDANTA LTD ADR	COM	92242Y100	3,640	188,000	SH		SOLE	0	0	0	188,000
VERIZON COMMUNICATIONS	COM	92343V104	14,359	290,140	SH		SOLE	0	50,596	0	239,544
VERMILION ENERGY INC	COM	923725105	18,475	519,228	SH		SOLE	0	186,694	0	332,534
VESTAS WIND SYSTEMS ADR	COM	925458101	2,959	98,100	SH		SOLE	0	0	0	98,100
VIPSHOP HOLDINGS LTD ADS	COM	92763W103	7,115	809,357	SH		SOLE	0	269,357	0	540,000
W.W. GRAINGER INC.	COM	384802104	14,452	80,401	SH		SOLE	0	2,501	0	77,900
WESTERN DIGITAL CORP	COM	958102105	14,998	173,585	SH		SOLE	0	4,585	0	169,000
WESTPAC BKG CORP	COM	961214301	17,037	675,539	SH		SOLE	0	249,888	0	425,651
WHIRLPOOL CORP	COM	963320106	27,796	150,706	SH		SOLE	0	21,793	0	128,913
WNS HOLDINGS LTD	COM	92932M101	14,616	400,459	SH		SOLE	0	132,459	0	268,000
WOORI FINANCE HOLDINGS	COM	98105T104	2,951	63,300	SH		SOLE	0	0	0	63,300
WPP PLC ADR	COM	92937A102	2,840	30,600	SH		SOLE	0	0	0	30,600
WYNDHAM WORLDWIDE CORP	COM	98310W108	24,910	236,312	SH		SOLE	0	32,877	0	203,435
YANDEX N.V.	COM	N97284108	20,823	631,962	SH		SOLE	0	210,962	0	421,000
YUM! BRANDS INC	COM	988498101	12,143	164,966	SH		SOLE	0	3,966	0	161,000
YY INC ADS	COM	98426T106	17,354	199,968	SH		SOLE	0	66,668	0	133,300