Ninety One UK 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
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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 Stock	88579Y101	162,037	907,412	SH		SOLE		907,412	0	0
ABBVIE INC	Common Stock	00287Y109	10,093	161,177	SH		SOLE		161,177	0	0
ABERCROMBIE & FITCH CO	Common Stock	002896207	5,594	466,126	SH		SOLE		466,126	0	0
ACTIVISION BLIZZARD INC	Common Stock	00507V109	297,028	8,225,652	SH		SOLE		8,225,652	0	0
ACUITY BRANDS INC	Common Stock	00508Y102	1,209	5,237	SH		SOLE		5,237	0	0
ADOBE SYSTEMS INC	Common Stock	00724F101	231	2,240	SH		SOLE		2,240	0	0
AFLAC INC	Common Stock	001055102	152,226	2,187,150	SH		SOLE		2,187,150	0	0
AGNICO EAGLE MINES LTD	Common Stock	008474108	40,343	958,402	SH		SOLE		958,402	0	0
AGRIUM INC	Common Stock	008916108	5,324	52,953	SH		SOLE		52,953	0	0
AIR PRODUCTS & CHEMICALS INC	Common Stock	009158106	538	3,744	SH		SOLE		3,744	0	0
ALAMOS GOLD INC	Common Stock	011532108	3,383	489,934	SH		SOLE		489,934	0	0
ALASKA AIR GROUP INC	Common Stock	011659109	90,502	1,019,967	SH		SOLE		1,019,967	0	0
ALBEMARLE CORP	Common Stock	012653101	221	2,571	SH		SOLE		2,571	0	0
ALEXANDRIA REAL ESTATE EQUITIE	REIT	015271109	1,175	10,569	SH		SOLE		10,569	0	0
ALIBABA GROUP HOLDING LTD	ADR	01609W102	310,196	3,532,578	SH		SOLE		3,532,578	0	0
ALLEGHANY CORP	Common Stock	017175100	6,248	10,275	SH		SOLE		10,275	0	0
ALLIANCE DATA SYSTEMS CORP	Common Stock	018581108	185,332	811,080	SH		SOLE		811,080	0	0
ALLY FINANCIAL INC	Common Stock	02005N100	200,508	10,541,943	SH		SOLE		10,541,943	0	0
ALPHABET INC	Common Stock	02079K305	302,493	381,719	SH		SOLE		381,719	0	0
ALTRIA GROUP INC	Common Stock	02209S103	139,065	2,056,569	SH		SOLE		2,056,569	0	0
AMAZON.COM INC	Common Stock	023135106	161,262	215,053	SH		SOLE		215,053	0	0
AMBEV SA	ADR	02319V103	66,457	13,535,092	SH		SOLE		13,535,092	0	0
AMC NETWORKS INC	Common Stock	00164V103	48,302	922,860	SH		SOLE		922,860	0	0
AMERICAN EXPRESS CO	Common Stock	025816109	56,193	758,548	SH		SOLE		758,548	0	0
AMERICAN FINANCIAL GROUP INC/O	Common Stock	025932104	96,075	1,090,275	SH		SOLE		1,090,275	0	0
AMERICAN TOWER CORP	REIT	03027X100	667	6,307	SH		SOLE		6,307	0	0
AMGEN INC	Common Stock	031162100	367	2,513	SH		SOLE		2,513	0	0
ANADARKO PETROLEUM CORP	Common Stock	032511107	45,153	647,534	SH		SOLE		647,534	0	0
ANGLOGOLD ASHANTI LTD	ADR	035128206	8,246	784,597	SH		SOLE		784,597	0	0
ANHEUSER-BUSCH INBEV SA/NV	ADR	03524A108	100,906	957,000	SH		SOLE		957,000	0	0
ANTHEM INC	Common Stock	036752103	9,040	62,877	SH		SOLE		62,877	0	0
AO SMITH CORP	Common Stock	831865209	975	20,601	SH		SOLE		20,601	0	0
APARTMENT INVESTMENT & MANAGEM	REIT	03748R101	1,054	23,200	SH		SOLE		23,200	0	0
APPLE INC	Common Stock	037833100	118,518	1,023,299	SH		SOLE		1,023,299	0	0
ARTHUR J GALLAGHER & CO	Common Stock	363576109	9,793	188,476	SH		SOLE		188,476	0	0
AT&T INC	Common Stock	00206R102	249,385	5,863,753	SH		SOLE		5,863,753	0	0
AUTOMATIC DATA PROCESSING INC	Common Stock	053015103	149,207	1,451,713	SH		SOLE		1,451,713	0	0
AVALONBAY COMMUNITIES INC	REIT	053484101	925	5,219	SH		SOLE		5,219	0	0
AVON PRODUCTS INC	Common Stock	054303102	37,472	7,434,896	SH		SOLE		7,434,896	0	0
B/E AEROSPACE INC	Common Stock	073302101	85,038	1,412,825	SH		SOLE		1,412,825	0	0
B2GOLD CORP	Common Stock	11777Q209	11,519	4,842,527	SH		SOLE		4,842,527	0	0
BAIDU INC	ADR	056752108	58,063	353,160	SH		SOLE		353,160	0	0
BANCO BRADESCO SA	ADR	059460303	64,451	7,399,697	SH		SOLE		7,399,697	0	0
BANK OF AMERICA CORP	Common Stock	060505104	88,440	4,001,802	SH		SOLE		4,001,802	0	0
BANK OF NEW YORK MELLON CORP	Common Stock	064058100	233,663	4,931,680	SH		SOLE		4,931,680	0	0
BARRICK GOLD CORP	Common Stock	067901108	32,426	2,027,000	SH		SOLE		2,027,000	0	0
BECTON DICKINSON AND CO	Common Stock	075887109	51,015	308,154	SH		SOLE		308,154	0	0
BEST BUY CO INC	Common Stock	086516101	84,613	1,982,958	SH		SOLE		1,982,958	0	0
BIG LOTS INC	Common Stock	089302103	55,426	1,103,878	SH		SOLE		1,103,878	0	0
BOSTON PROPERTIES INC	REIT	101121101	1,227	9,756	SH		SOLE		9,756	0	0
BRIXMOR PROPERTY GROUP INC	REIT	11120U105	1,607	65,811	SH		SOLE		65,811	0	0
CABOT OIL & GAS CORP	Common Stock	127097103	10,792	461,973	SH		SOLE		461,973	0	0
CAMECO CORP	Common Stock	13321L108	2,487	237,577	SH		SOLE		237,577	0	0
CAMPBELL SOUP CO	Common Stock	134429109	4,962	82,062	SH		SOLE		82,062	0	0
CANADIAN IMPERIAL BANK OF COMM	Common Stock	136069101	258,981	3,170,014	SH		SOLE		3,170,014	0	0
CANADIAN NATURAL RESOURCES LTD	Common Stock	136385101	71,409	2,237,980	SH		SOLE		2,237,980	0	0
CARE CAPITAL PROPERTIES INC	REIT	141624106	1,216	48,620	SH		SOLE		48,620	0	0
CARLISLE COS INC	Common Stock	142339100	158,233	1,434,703	SH		SOLE		1,434,703	0	0
CARNIVAL CORP	Common Stock	143658300	245,114	4,708,302	SH		SOLE		4,708,302	0	0
CBS CORP	Common Stock	124857202	299,528	4,708,078	SH		SOLE		4,708,078	0	0
CELANESE CORP	Common Stock	150870103	441	5,606	SH		SOLE		5,606	0	0
CEMENTOS PACASMAYO SAA	ADR	15126Q109	1,114	121,217	SH		SOLE		121,217	0	0
CF INDUSTRIES HOLDINGS INC	Common Stock	125269100	21,343	677,986	SH		SOLE		677,986	0	0
CH ROBINSON WORLDWIDE INC	Common Stock	12541W209	4,157	56,741	SH		SOLE		56,741	0	0
CHEMED CORP	Common Stock	16359R103	68,625	427,813	SH		SOLE		427,813	0	0
CHEVRON CORP	Common Stock	166764100	63,642	540,715	SH		SOLE		540,715	0	0
CHINA BIOLOGIC PRODUCTS INC	Common Stock	16938C106	24,443	227,339	SH		SOLE		227,339	0	0
CHINA LODGING GROUP LTD	ADR	16949N109	3,047	58,775	SH		SOLE		58,775	0	0
CIA DE MINAS BUENAVENTURA SAA	ADR	204448104	11,334	1,004,824	SH		SOLE		1,004,824	0	0
CIGNA CORP	Common Stock	125509109	185,264	1,388,890	SH		SOLE		1,388,890	0	0
CIMAREX ENERGY CO	Common Stock	171798101	31,264	230,049	SH		SOLE		230,049	0	0
CISCO SYSTEMS INC	Common Stock	17275R102	230,162	7,616,213	SH		SOLE		7,616,213	0	0
CITIGROUP INC	Common Stock	172967424	656,245	11,042,314	SH		SOLE		11,042,314	0	0
CITIZENS FINANCIAL GROUP INC	Common Stock	174610105	12,106	339,775	SH		SOLE		339,775	0	0
CLOROX CO/THE	Common Stock	189054109	5,450	45,412	SH		SOLE		45,412	0	0
CME GROUP INC/IL	Common Stock	12572Q105	287,147	2,489,351	SH		SOLE		2,489,351	0	0
COACH INC	Common Stock	189754104	38,057	1,086,727	SH		SOLE		1,086,727	0	0
COCA-COLA CO/THE	Common Stock	191216100	6,034	145,530	SH		SOLE		145,530	0	0
COLGATE-PALMOLIVE CO	Common Stock	194162103	234,579	3,584,639	SH		SOLE		3,584,639	0	0
COMCAST CORP	Common Stock	20030N101	212,062	3,071,138	SH		SOLE		3,071,138	0	0
CONOCOPHILLIPS	Common Stock	20825C104	46,290	923,210	SH		SOLE		923,210	0	0
CONTROLADORA VUELA CIA DE AVIA	ADR	21240E105	496	32,975	SH		SOLE		32,975	0	0
COPA HOLDINGS SA	Common Stock	P31076105	1,421	15,650	SH		SOLE		15,650	0	0
COSAN LTD	Common Stock	G25343107	39,135	5,211,062	SH		SOLE		5,211,062	0	0
CREDICORP LTD	Common Stock	G2519Y108	39,083	247,580	SH		SOLE		247,580	0	0
CUMMINS INC	Common Stock	231021106	196,658	1,438,928	SH		SOLE		1,438,928	0	0
CYRUSONE INC	REIT	23283R100	1,102	24,639	SH		SOLE		24,639	0	0
DANAHER CORP	Common Stock	235851102	191,559	2,460,939	SH		SOLE		2,460,939	0	0
DEERE & CO	Common Stock	244199105	68,307	662,920	SH		SOLE		662,920	0	0
DELUXE CORP	Common Stock	248019101	3,946	55,104	SH		SOLE		55,104	0	0
DEVON ENERGY CORP	Common Stock	25179M103	24,524	536,972	SH		SOLE		536,972	0	0
DIGITAL REALTY TRUST INC	REIT	253868103	14,248	145,000	SH		SOLE		145,000	0	0
DOW CHEMICAL CO/THE	Common Stock	260543103	146,450	2,559,413	SH		SOLE		2,559,413	0	0
DR PEPPER SNAPPLE GROUP INC	Common Stock	26138E109	5,004	55,189	SH		SOLE		55,189	0	0
DST SYSTEMS INC	Common Stock	233326107	9,202	85,876	SH		SOLE		85,876	0	0
DUKE REALTY CORP	REIT	264411505	585	22,041	SH		SOLE		22,041	0	0
DUNKIN' BRANDS GROUP INC	Common Stock	265504100	126	2,408	SH		SOLE		2,408	0	0
EASTMAN CHEMICAL CO	Common Stock	277432100	8,800	117,001	SH		SOLE		117,001	0	0
EATON VANCE CORP	Common Stock	278265103	4,436	105,914	SH		SOLE		105,914	0	0
EBAY INC	Common Stock	278642103	245,874	8,281,369	SH		SOLE		8,281,369	0	0
ECOLAB INC	Common Stock	278865100	710	6,053	SH		SOLE		6,053	0	0
EI DU PONT DE NEMOURS & CO	Common Stock	263534109	1,495	20,363	SH		SOLE		20,363	0	0
ELDORADO GOLD CORP	Common Stock	284902103	3,302	1,025,404	SH		SOLE		1,025,404	0	0
EMERSON ELECTRIC CO	Common Stock	291011104	204	3,656	SH		SOLE		3,656	0	0
ENCANA CORP	Common Stock	292505104	11,808	1,004,789	SH		SOLE		1,004,789	0	0
ENERSIS SA	ADR	29274F104	25,339	3,086,363	SH		SOLE		3,086,363	0	0
EOG RESOURCES INC	Common Stock	26875P101	54,051	534,627	SH		SOLE		534,627	0	0
EQUITY RESIDENTIAL	REIT	29476L107	609	9,460	SH		SOLE		9,460	0	0
ESSENT GROUP LTD	Common Stock	G3198U102	6,545	202,199	SH		SOLE		202,199	0	0
ESSEX PROPERTY TRUST INC	REIT	297178105	953	4,100	SH		SOLE		4,100	0	0
ESTEE LAUDER COS INC/THE	Common Stock	518439104	3,542	46,301	SH		SOLE		46,301	0	0
EVERTEC INC	Common Stock	30040P103	2,666	150,207	SH		SOLE		150,207	0	0
EXPEDITORS INTERNATIONAL OF WA	Common Stock	302130109	4,994	94,294	SH		SOLE		94,294	0	0
EXTRA SPACE STORAGE INC	REIT	30225T102	1,406	18,200	SH		SOLE		18,200	0	0
EXXON MOBIL CORP	Common Stock	30231G102	39,905	442,110	SH		SOLE		442,110	0	0
F5 NETWORKS INC	Common Stock	315616102	5,746	39,706	SH		SOLE		39,706	0	0
FACTSET RESEARCH SYSTEMS INC	Common Stock	303075105	90,764	555,369	SH		SOLE		555,369	0	0
FIDELITY NATIONAL INFORMATION	Common Stock	31620M106	11,491	151,921	SH		SOLE		151,921	0	0
FIRST SOLAR INC	Common Stock	336433107	586	18,249	SH		SOLE		18,249	0	0
FISERV INC	Common Stock	337738108	95,639	899,876	SH		SOLE		899,876	0	0
FNF GROUP	Tracking Stk	31620R303	60,267	1,774,647	SH		SOLE		1,774,647	0	0
FRANCO-NEVADA CORP	Common Stock	351858105	15,599	260,576	SH		SOLE		260,576	0	0
FREEPORT-MCMORAN INC	Common Stock	35671D857	5,595	424,189	SH		SOLE		424,189	0	0
GAMING AND LEISURE PROPERTIES	REIT	36467J108	35,135	1,147,460	SH		SOLE		1,147,460	0	0
GENERAL GROWTH PROPERTIES INC	REIT	370023103	2,173	87,000	SH		SOLE		87,000	0	0
GENUINE PARTS CO	Common Stock	372460105	4,969	52,010	SH		SOLE		52,010	0	0
GILEAD SCIENCES INC	Common Stock	375558103	109,427	1,528,098	SH		SOLE		1,528,098	0	0
GOLD FIELDS	ADR	38059T106	7,752	2,575,503	SH		SOLE		2,575,503	0	0
GOLDCORP INC	Common Stock	380956409	34,459	2,533,752	SH		SOLE		2,533,752	0	0
GREAT WESTERN BANCORP INC	Common Stock	391416104	62,423	1,432,043	SH		SOLE		1,432,043	0	0
GREEN PLAINS INC	Common Stock	393222104	1,036	37,214	SH		SOLE		37,214	0	0
GRUPO AEROPORTUARIO DEL SUREST	ADR	40051E202	30,624	212,832	SH		SOLE		212,832	0	0
GRUPO FINANCIERO GALICIA SA	ADR	399909100	518	19,225	SH		SOLE		19,225	0	0
GRUPO SUPERVIELLE SA	ADR	40054A108	729	55,500	SH		SOLE		55,500	0	0
HALLIBURTON CO	Common Stock	406216101	30,139	557,209	SH		SOLE		557,209	0	0
HANNON ARMSTRONG SUSTAINABLE I	REIT	41068X100	807	42,481	SH		SOLE		42,481	0	0
HEALTHSOUTH CORP	Common Stock	421924309	8,923	216,365	SH		SOLE		216,365	0	0
HELMERICH & PAYNE INC	Common Stock	423452101	134,677	1,740,007	SH		SOLE		1,740,007	0	0
HESS CORP	Common Stock	42809H107	192,681	3,093,295	SH		SOLE		3,093,295	0	0
HEWLETT PACKARD ENTERPRISE CO	Common Stock	42824C109	180,227	7,788,540	SH		SOLE		7,788,540	0	0
HOLOGIC INC	Common Stock	436440101	68,258	1,701,348	SH		SOLE		1,701,348	0	0
HOME DEPOT INC/THE	Common Stock	437076102	4,819	35,938	SH		SOLE		35,938	0	0
HONEYWELL INTERNATIONAL INC	Common Stock	438516106	161,196	1,391,422	SH		SOLE		1,391,422	0	0
HOST HOTELS & RESORTS INC	REIT	44107P104	863	45,800	SH		SOLE		45,800	0	0
HUDSON PACIFIC PROPERTIES INC	REIT	444097109	869	24,972	SH		SOLE		24,972	0	0
IAMGOLD CORP	Common Stock	450913108	13,811	3,568,627	SH		SOLE		3,568,627	0	0
IDEX CORP	Common Stock	45167R104	86,300	958,248	SH		SOLE		958,248	0	0
ILLINOIS TOOL WORKS INC	Common Stock	452308109	38,100	311,122	SH		SOLE		311,122	0	0
IMPERIAL OIL LTD	Common Stock	453038408	17,661	507,048	SH		SOLE		507,048	0	0
INTERNATIONAL BUSINESS MACHINE	Common Stock	459200101	4,432	26,701	SH		SOLE		26,701	0	0
INTERNATIONAL FLAVORS & FRAGRA	Common Stock	459506101	543	4,606	SH		SOLE		4,606	0	0
INTUIT INC	Common Stock	461202103	69,019	602,206	SH		SOLE		602,206	0	0
IPATH MSCI INDIA INDEX ETN	ETP	06739F291	4,162	66,505	SH		SOLE		66,505	0	0
IPATH S&P 500 VIX SHORT-TERM F	ETP	06740Q252	51	2,016	SH		SOLE		2,016	0	0
ISHARES IBOXX $ INVESTMENT GRA	ETP	464287242	18	155	SH		SOLE		155	0	0
ISHARES MSCI INDIA ETF	ETP	46429B598	1,144	42,686	SH		SOLE		42,686	0	0
ISHARES MSCI QATAR CAPPED ETF	ETP	46434V779	283	14,845	SH		SOLE		14,845	0	0
ISHARES MSCI SOUTH KOREA CAPPE	ETP	464286772	1,886	35,441	SH		SOLE		35,441	0	0
ISHARES MSCI TAIWAN ETF	ETP	46434G772	366	12,465	SH		SOLE		12,465	0	0
ISHARES MSCI UAE CAPPED ETF	ETP	46434V761	258	15,598	SH		SOLE		15,598	0	0
ITAU UNIBANCO HOLDING SA	ADR	465562106	22,875	2,225,158	SH		SOLE		2,225,158	0	0
ITRON INC	Common Stock	465741106	1,015	16,153	SH		SOLE		16,153	0	0
JACK HENRY & ASSOCIATES INC	Common Stock	426281101	5,771	65,009	SH		SOLE		65,009	0	0
JOHNSON & JOHNSON	Common Stock	478160104	669,357	5,809,883	SH		SOLE		5,809,883	0	0
KEYCORP	Common Stock	493267108	10,069	551,104	SH		SOLE		551,104	0	0
KILROY REALTY CORP	REIT	49427F108	681	9,300	SH		SOLE		9,300	0	0
KINROSS GOLD CORP	Common Stock	496902404	20,986	6,734,340	SH		SOLE		6,734,340	0	0
KLA-TENCOR CORP	Common Stock	482480100	8,753	111,250	SH		SOLE		111,250	0	0
KLONDEX MINES LTD	Common Stock	498696103	4,005	859,267	SH		SOLE		859,267	0	0
LAM RESEARCH CORP	Common Stock	512807108	251,613	2,379,766	SH		SOLE		2,379,766	0	0
LANDSTAR SYSTEM INC	Common Stock	515098101	5,231	61,323	SH		SOLE		61,323	0	0
LEAR CORP	Common Stock	521865204	74,355	561,722	SH		SOLE		561,722	0	0
LEUCADIA NATIONAL CORP	Common Stock	527288104	58,227	2,504,385	SH		SOLE		2,504,385	0	0
LIFE STORAGE INC	REIT	53223X107	1,006	11,802	SH		SOLE		11,802	0	0
LINCOLN NATIONAL CORP	Common Stock	534187109	50,189	757,334	SH		SOLE		757,334	0	0
MACY'S INC	Common Stock	55616P104	36,501	1,019,307	SH		SOLE		1,019,307	0	0
MAG SILVER CORP	Common Stock	55903Q104	1,908	173,102	SH		SOLE		173,102	0	0
MANITOWOC CO INC/THE	Common Stock	563571108	29,774	4,979,002	SH		SOLE		4,979,002	0	0
MANITOWOC FOODSERVICE INC	Common Stock	563568104	104,949	5,429,339	SH		SOLE		5,429,339	0	0
MARATHON OIL CORP	Common Stock	565849106	29,082	1,680,044	SH		SOLE		1,680,044	0	0
MARRIOTT VACATIONS WORLDWIDE C	Common Stock	57164Y107	90,919	1,071,528	SH		SOLE		1,071,528	0	0
MARSH & MCLENNAN COS INC	Common Stock	571748102	19,486	288,297	SH		SOLE		288,297	0	0
MDC HOLDINGS INC	Common Stock	552676108	8,449	329,274	SH		SOLE		329,274	0	0
MEDNAX INC	Common Stock	58502B106	78,571	1,178,689	SH		SOLE		1,178,689	0	0
MERCADOLIBRE INC	Common Stock	58733R102	173	1,110	SH		SOLE		1,110	0	0
MERCK & CO INC	Common Stock	58933Y105	6,856	116,453	SH		SOLE		116,453	0	0
MICHAEL KORS HOLDINGS LTD	Common Stock	G60754101	52,368	1,218,418	SH		SOLE		1,218,418	0	0
MICROSOFT CORP	Common Stock	594918104	393,868	6,338,393	SH		SOLE		6,338,393	0	0
MID-AMERICA APARTMENT COMMUNIT	REIT	59522J103	311	3,177	SH		SOLE		3,177	0	0
MONDELEZ INTERNATIONAL INC	Common Stock	609207105	9,978	225,093	SH		SOLE		225,093	0	0
MOODY'S CORP	Common Stock	615369105	178,797	1,896,652	SH		SOLE		1,896,652	0	0
MORGAN STANLEY INTL LTD	Common Stock	617446448	170,137	4,026,917	SH		SOLE		4,026,917	0	0
MOTOROLA SOLUTIONS INC	Common Stock	620076307	19,238	232,085	SH		SOLE		232,085	0	0
NETEASE INC	ADR	64110W102	134,111	622,786	SH		SOLE		622,786	0	0
NEW GOLD INC	Common Stock	644535106	5,472	1,557,997	SH		SOLE		1,557,997	0	0
NEW ORIENTAL EDUCATION & TECHN	ADR	647581107	73,505	1,745,967	SH		SOLE		1,745,967	0	0
NEWMONT MINING CORP	Common Stock	651639106	80,101	2,351,084	SH		SOLE		2,351,084	0	0
NICE-SYSTEMS LTD	ADR	653656108	51,943	755,423	SH		SOLE		755,423	0	0
NIKE INC	Common Stock	654106103	5,464	107,504	SH		SOLE		107,504	0	0
NOBLE ENERGY INC	Common Stock	655044105	39,569	1,039,661	SH		SOLE		1,039,661	0	0
NORBORD INC	Common Stock	65548P403	5,258	207,928	SH		SOLE		207,928	0	0
NORTHERN TRUST CORP	Common Stock	665859104	54,530	612,353	SH		SOLE		612,353	0	0
NORTHROP GRUMMAN CORP	Common Stock	666807102	5,519	23,728	SH		SOLE		23,728	0	0
NUCOR CORP	Common Stock	670346105	5,483	92,112	SH		SOLE		92,112	0	0
NVIDIA CORP	Common Stock	67066G104	4,266	39,966	SH		SOLE		39,966	0	0
OASIS PETROLEUM INC	Common Stock	674215108	9,176	606,106	SH		SOLE		606,106	0	0
OCCIDENTAL PETROLEUM CORP	Common Stock	674599105	137,447	1,929,618	SH		SOLE		1,929,618	0	0
ON SEMICONDUCTOR CORP	Common Stock	682189105	44,441	3,482,864	SH		SOLE		3,482,864	0	0
ORACLE CORP	Common Stock	68389X105	119,038	3,095,908	SH		SOLE		3,095,908	0	0
ORMAT TECHNOLOGIES INC	Common Stock	686688102	1,692	31,554	SH		SOLE		31,554	0	0
PAMPA ENERGIA SA	ADR	697660207	308	8,834	SH		SOLE		8,834	0	0
PAN AMERICAN SILVER CORP	Common Stock	697900108	41,319	2,741,812	SH		SOLE		2,741,812	0	0
PATTERN ENERGY GROUP INC	Common Stock	70338P100	885	46,583	SH		SOLE		46,583	0	0
PAYPAL HOLDINGS INC	Common Stock	70450Y103	332,358	8,420,510	SH		SOLE		8,420,510	0	0
PEPSICO INC	Common Stock	713448108	341,134	3,260,380	SH		SOLE		3,260,380	0	0
PFIZER INC	Common Stock	717081103	244,757	7,535,632	SH		SOLE		7,535,632	0	0
PHILIP MORRIS INTERNATIONAL IN	Common Stock	718172109	165,885	1,813,152	SH		SOLE		1,813,152	0	0
PHYSICIANS REALTY TRUST	REIT	71943U104	1,393	73,478	SH		SOLE		73,478	0	0
PIONEER NATURAL RESOURCES CO	Common Stock	723787107	24,397	135,487	SH		SOLE		135,487	0	0
PLATINUM GROUP METALS LTD	Common Stock	72765Q601	1,721	1,189,714	SH		SOLE		1,189,714	0	0
POPULAR INC	Common Stock	733174700	99,434	2,269,141	SH		SOLE		2,269,141	0	0
PPG INDUSTRIES INC	Common Stock	693506107	595	6,278	SH		SOLE		6,278	0	0
PRAXAIR INC	Common Stock	74005P104	629	5,367	SH		SOLE		5,367	0	0
PRECISION DRILLING CORP	Common Stock	74022D308	8,735	1,600,272	SH		SOLE		1,600,272	0	0
PRICELINE GROUP INC/THE	Common Stock	741503403	405,634	276,683	SH		SOLE		276,683	0	0
PROCTER & GAMBLE CO/THE	Common Stock	742718109	121,540	1,445,523	SH		SOLE		1,445,523	0	0
PROLOGIS INC	REIT	74340W103	15,214	288,200	SH		SOLE		288,200	0	0
PUBLIC SERVICE ENTERPRISE GROU	Common Stock	744573106	118,467	2,699,793	SH		SOLE		2,699,793	0	0
QEP RESOURCES INC	Common Stock	74733V100	12,005	652,101	SH		SOLE		652,101	0	0
QUALCOMM INC	Common Stock	747525103	155,726	2,388,429	SH		SOLE		2,388,429	0	0
QUEST DIAGNOSTICS INC	Common Stock	74834L100	186,620	2,030,690	SH		SOLE		2,030,690	0	0
RADIAN GROUP INC	Common Stock	750236101	21,598	1,201,229	SH		SOLE		1,201,229	0	0
RALPH LAUREN CORP	Common Stock	751212101	51,789	573,391	SH		SOLE		573,391	0	0
RANGE RESOURCES CORP	Common Stock	75281A109	15,579	453,401	SH		SOLE		453,401	0	0
REINSURANCE GROUP OF AMERICA I	Common Stock	759351604	6,099	48,473	SH		SOLE		48,473	0	0
RENAISSANCERE HOLDINGS LTD	Common Stock	G7496G103	5,965	43,793	SH		SOLE		43,793	0	0
RENEWABLE ENERGY GROUP INC	Common Stock	75972A301	636	65,521	SH		SOLE		65,521	0	0
REYNOLDS AMERICAN INC	Common Stock	761713106	27,773	495,591	SH		SOLE		495,591	0	0
Royal Gold Inc	Common Stock	780287108	4,492	70,911	SH		SOLE		70,911	0	0
S&P GLOBAL INC	Common Stock	78409V104	67,020	623,212	SH		SOLE		623,212	0	0
SCHLUMBERGER LTD	Common Stock	806857108	58,219	693,502	SH		SOLE		693,502	0	0
SCORPIO TANKERS INC	Common Stock	Y7542C106	17,848	3,939,985	SH		SOLE		3,939,985	0	0
SCRIPPS NETWORKS INTERACTIVE I	Common Stock	811065101	4,225	59,199	SH		SOLE		59,199	0	0
SEALED AIR CORP	Common Stock	81211K100	222	4,888	SH		SOLE		4,888	0	0
SHERWIN-WILLIAMS CO/THE	Common Stock	824348106	377	1,402	SH		SOLE		1,402	0	0
SIGNET JEWELERS LTD	Common Stock	G81276100	93,649	993,521	SH		SOLE		993,521	0	0
SILICON MOTION TECHNOLOGY CORP	ADR	82706C108	44,943	1,057,986	SH		SOLE		1,057,986	0	0
SILVER SPRING NETWORKS INC	Common Stock	82817Q103	896	67,347	SH		SOLE		67,347	0	0
SILVER STANDARD RESOURCES INC	Common Stock	82823L106	14,439	1,618,760	SH		SOLE		1,618,760	0	0
SIMON PROPERTY GROUP INC	REIT	828806109	21,366	120,257	SH		SOLE		120,257	0	0
SINCLAIR BROADCAST GROUP INC	Common Stock	829226109	63,219	1,895,611	SH		SOLE		1,895,611	0	0
SKYLINE CORP	Common Stock	830830105	2,236	144,620	SH		SOLE		144,620	0	0
SL GREEN REALTY CORP	REIT	78440X101	833	7,742	SH		SOLE		7,742	0	0
SM ENERGY CO	Common Stock	78454L100	8,128	235,720	SH		SOLE		235,720	0	0
SOLAREDGE TECHNOLOGIES INC	Common Stock	83417M104	572	46,139	SH		SOLE		46,139	0	0
SOUTHWEST AIRLINES CO	Common Stock	844741108	10,755	215,782	SH		SOLE		215,782	0	0
STAPLES INC	Common Stock	855030102	2,633	290,932	SH		SOLE		290,932	0	0
STORE CAPITAL CORP	REIT	862121100	880	35,601	SH		SOLE		35,601	0	0
SUNCOR ENERGY INC	Common Stock	867224107	45,252	1,382,336	SH		SOLE		1,382,336	0	0
SUNPOWER CORP	Common Stock	867652406	528	79,825	SH		SOLE		79,825	0	0
SUNTRUST BANKS INC	Common Stock	867914103	143,738	2,620,573	SH		SOLE		2,620,573	0	0
T ROWE PRICE GROUP INC	Common Stock	74144T108	4,912	65,270	SH		SOLE		65,270	0	0
TAHOE RESOURCES INC	Common Stock	873868103	8,438	894,551	SH		SOLE		894,551	0	0
TAIWAN SEMICONDUCTOR MANUFACTU	ADR	874039100	31,237	1,086,495	SH		SOLE		1,086,495	0	0
TECK RESOURCES LTD	Common Stock	878742204	4,285	213,837	SH		SOLE		213,837	0	0
TELEKOMUNIKASI INDONESIA PERSE	ADR	715684106	1,141	39,141	SH		SOLE		39,141	0	0
TERNIUM SA	ADR	880890108	43,745	1,811,385	SH		SOLE		1,811,385	0	0
TEVA PHARMACEUTICAL INDUSTRIES	ADR	881624209	29,436	812,021	SH		SOLE		812,021	0	0
THERMO FISHER SCIENTIFIC INC	Common Stock	883556102	174,231	1,234,802	SH		SOLE		1,234,802	0	0
THOR INDUSTRIES INC	Common Stock	885160101	86,571	865,277	SH		SOLE		865,277	0	0
TIFFANY & CO	Common Stock	886547108	85,552	1,104,889	SH		SOLE		1,104,889	0	0
TIME WARNER INC	Common Stock	887317303	30,345	314,361	SH		SOLE		314,361	0	0
TJX COS INC/THE	Common Stock	872540109	4,545	60,495	SH		SOLE		60,495	0	0
TRAVELERS COS INC/THE	Common Stock	89417E109	6,240	50,973	SH		SOLE		50,973	0	0
TRAVELPORT WORLDWIDE LTD	Common Stock	G9019D104	205	14,551	SH		SOLE		14,551	0	0
TWENTY-FIRST CENTURY FOX INC	Common Stock	90130A101	122,850	4,381,234	SH		SOLE		4,381,234	0	0
TYSON FOODS INC	Common Stock	902494103	35,448	574,709	SH		SOLE		574,709	0	0
ULTRAPAR PARTICIPACOES SA	ADR	90400P101	249	12,001	SH		SOLE		12,001	0	0
UNITEDHEALTH GROUP INC	Common Stock	91324P102	389,485	2,433,675	SH		SOLE		2,433,675	0	0
UNUM GROUP	Common Stock	91529Y106	84,623	1,926,315	SH		SOLE		1,926,315	0	0
VALE SA	ADR	91912E105	9,138	1,199,182	SH		SOLE		1,199,182	0	0
VALERO ENERGY CORP	Common Stock	91913Y100	261,619	3,829,311	SH		SOLE		3,829,311	0	0
VALIDUS HOLDINGS LTD	Common Stock	G9319H102	5,871	106,724	SH		SOLE		106,724	0	0
VANECK VECTORS GOLD MINERS ETF	ETP	92189F106	19,403	927,472	SH		SOLE		927,472	0	0
VANTIV INC	Common Stock	92210H105	213,286	3,577,426	SH		SOLE		3,577,426	0	0
VENTAS INC	REIT	92276F100	13,397	214,283	SH		SOLE		214,283	0	0
VERISIGN INC	Common Stock	92343E102	169,163	2,223,787	SH		SOLE		2,223,787	0	0
VERSUM MATERIALS INC	Common Stock	92532W103	64	2,272	SH		SOLE		2,272	0	0
VIACOM INC	Common Stock	92553P201	1,754	49,967	SH		SOLE		49,967	0	0
VISA INC	Common Stock	92826C839	269,047	3,448,430	SH		SOLE		3,448,430	0	0
VISTEON CORP	Common Stock	92839U206	31,459	391,576	SH		SOLE		391,576	0	0
VMWARE INC	Common Stock	928563402	206,713	2,625,594	SH		SOLE		2,625,594	0	0
VOYA FINANCIAL INC	Common Stock	929089100	128,481	3,275,902	SH		SOLE		3,275,902	0	0
WAL-MART STORES INC	Common Stock	931142103	22,476	325,178	SH		SOLE		325,178	0	0
WASHINGTON FEDERAL INC	Common Stock	938824109	61,974	1,804,183	SH		SOLE		1,804,183	0	0
WEIGHT WATCHERS INTERNATIONAL	Common Stock	948626106	4,124	360,163	SH		SOLE		360,163	0	0
WELLS FARGO & CO	Common Stock	949746101	4,531	82,216	SH		SOLE		82,216	0	0
WESCO INTERNATIONAL INC	Common Stock	95082P105	59,563	895,018	SH		SOLE		895,018	0	0
WESTERN UNION CO/THE	Common Stock	959802109	190,704	8,780,101	SH		SOLE		8,780,101	0	0
WESTROCK CO	Common Stock	96145D105	80,563	1,586,830	SH		SOLE		1,586,830	0	0
WHITING PETROLEUM CORP	Common Stock	966387102	15,855	1,319,047	SH		SOLE		1,319,047	0	0
WW GRAINGER INC	Common Stock	384802104	4,917	21,169	SH		SOLE		21,169	0	0
YAMANA GOLD INC	Common Stock	98462Y100	9,596	3,414,896	SH		SOLE		3,414,896	0	0
ZIMMER HOLDINGS INC	Common Stock	98956P102	219,317	2,125,166	SH		SOLE		2,125,166	0	0
ZOETIS INC	Common Stock	98978V103	380	7,102	SH		SOLE		7,102	0	0