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	150,808	686,990	SH		SOLE		686,990	0	0
ABBOTT LABORATORIES	Common Stock	002824100	11,167	186,361	SH		SOLE		186,361	0	0
ABBVIE INC	Common Stock	00287Y109	4,133	43,661	SH		SOLE		43,661	0	0
ABERCROMBIE & FITCH CO	Common Stock	002896207	7,911	326,758	SH		SOLE		326,758	0	0
ACUITY BRANDS INC	Common Stock	00508Y102	864	6,210	SH		SOLE		6,210	0	0
ADVANCE AUTO PARTS INC	Common Stock	00751Y106	38,471	324,512	SH		SOLE		324,512	0	0
ADVANCED ENERGY INDUSTRIES INC	Common Stock	007973100	931	14,563	SH		SOLE		14,563	0	0
AFLAC INC	Common Stock	001055102	151,368	3,459,040	SH		SOLE		3,459,040	0	0
AGNICO EAGLE MINES LTD	Common Stock	008474108	4,740	112,748	SH		SOLE		112,748	0	0
AIR PRODUCTS & CHEMICALS INC	Common Stock	009158106	456	2,869	SH		SOLE		2,869	0	0
AK STEEL HOLDING CORP	Common Stock	001547108	4,566	1,008,000	SH		SOLE		1,008,000	0	0
ALEXION PHARMACEUTICALS INC	Common Stock	015351109	51,944	466,037	SH		SOLE		466,037	0	0
ALIBABA GROUP HOLDING LTD	ADR	01609W102	446,577	2,433,131	SH		SOLE		2,433,131	0	0
ALLY FINANCIAL INC	Common Stock	02005N100	29,920	1,102,011	SH		SOLE		1,102,011	0	0
ALPHABET INC	Common Stock	02079K305	500,195	482,283	SH		SOLE		482,283	0	0
ALTRIA GROUP INC	Common Stock	02209S103	106,556	1,709,814	SH		SOLE		1,709,814	0	0
AMAZON.COM INC	Common Stock	023135106	253,410	175,087	SH		SOLE		175,087	0	0
AMC NETWORKS INC	Common Stock	00164V103	84,384	1,632,184	SH		SOLE		1,632,184	0	0
AMERICAN EXPRESS CO	Common Stock	025816109	53,294	571,333	SH		SOLE		571,333	0	0
AMERICAN FINANCIAL GROUP INC/O	Common Stock	025932104	134,489	1,198,444	SH		SOLE		1,198,444	0	0
ANDEAVOR	Common Stock	03349M105	8,917	88,670	SH		SOLE		88,670	0	0
ANGLOGOLD ASHANTI LTD	ADR	035128206	4,378	461,297	SH		SOLE		461,297	0	0
ANHEUSER-BUSCH INBEV SA/NV	ADR	03524A108	108,653	988,291	SH		SOLE		988,291	0	0
ANTHEM INC	Common Stock	036752103	8,309	37,821	SH		SOLE		37,821	0	0
AO SMITH CORP	Common Stock	831865209	1,219	19,171	SH		SOLE		19,171	0	0
APPLE INC	Common Stock	037833100	150,732	898,389	SH		SOLE		898,389	0	0
ARCH CAPITAL GROUP LTD	Common Stock	G0450A105	25,241	294,911	SH		SOLE		294,911	0	0
AUTOMATIC DATA PROCESSING INC	Common Stock	053015103	11,580	102,048	SH		SOLE		102,048	0	0
AUTOZONE INC	Common Stock	053332102	9,001	13,876	SH		SOLE		13,876	0	0
AVON PRODUCTS INC	Common Stock	054303102	18,429	6,489,258	SH		SOLE		6,489,258	0	0
B2GOLD CORP	Common Stock	11777Q209	8,488	3,099,912	SH		SOLE		3,099,912	0	0
BAIDU INC	ADR	056752108	115,199	516,147	SH		SOLE		516,147	0	0
BAKER HUGHES A GE CO	Common Stock	05722G100	1,544	55,593	SH		SOLE		55,593	0	0
BANK OF AMERICA CORP	Common Stock	060505104	457,570	15,257,417	SH		SOLE		15,257,417	0	0
BANK OF NEW YORK MELLON CORP	Common Stock	064058100	150,145	2,913,742	SH		SOLE		2,913,742	0	0
BANK OF NOVA SCOTIA/THE	Common Stock	064149107	158,054	2,567,675	SH		SOLE		2,567,675	0	0
BARRICK GOLD CORP	Common Stock	067901108	17,881	1,436,227	SH		SOLE		1,436,227	0	0
BECTON DICKINSON AND CO	Common Stock	075887109	92,921	428,799	SH		SOLE		428,799	0	0
BOOKING HOLDINGS INC	Common Stock	09857L108	642,580	308,875	SH		SOLE		308,875	0	0
BRIGHTHOUSE FINANCIAL INC	Common Stock	10922N103	5,772	112,294	SH		SOLE		112,294	0	0
BUNGE LTD	Common Stock	G16962105	7,030	95,071	SH		SOLE		95,071	0	0
CABOT OIL & GAS CORP	Common Stock	127097103	1,204	50,215	SH		SOLE		50,215	0	0
CANADIAN IMPERIAL BANK OF COMM	Common Stock	136069101	385	4,362	SH		SOLE		4,362	0	0
CANADIAN NATIONAL RAILWAY CO	Common Stock	136375102	36,802	503,243	SH		SOLE		503,243	0	0
CANADIAN NATURAL RESOURCES LTD	Common Stock	136385101	72,510	2,308,241	SH		SOLE		2,308,241	0	0
CANADIAN PACIFIC RAILWAY LTD	Common Stock	13645T100	43,931	248,902	SH		SOLE		248,902	0	0
CARNIVAL CORP	Common Stock	143658300	7,090	108,105	SH		SOLE		108,105	0	0
CARS.COM INC	Common Stock	14575E105	94,556	3,337,662	SH		SOLE		3,337,662	0	0
CBS CORP	Common Stock	124857202	147,004	2,860,548	SH		SOLE		2,860,548	0	0
CELANESE CORP	Common Stock	150870103	206	2,059	SH		SOLE		2,059	0	0
CEMEX SAB DE CV	ADR	151290889	57,291	8,654,167	SH		SOLE		8,654,167	0	0
CHARLES SCHWAB CORP/THE	Common Stock	808513105	99,204	1,899,725	SH		SOLE		1,899,725	0	0
CHEMED CORP	Common Stock	16359R103	44,816	164,245	SH		SOLE		164,245	0	0
CIGNA CORP	Common Stock	125509109	255,875	1,525,428	SH		SOLE		1,525,428	0	0
CIMAREX ENERGY CO	Common Stock	171798101	4,049	43,310	SH		SOLE		43,310	0	0
CISCO SYSTEMS INC	Common Stock	17275R102	14,777	344,537	SH		SOLE		344,537	0	0
CITIGROUP INC	Common Stock	172967424	563,607	8,349,726	SH		SOLE		8,349,726	0	0
CME GROUP INC/IL	Common Stock	12572Q105	48,139	297,632	SH		SOLE		297,632	0	0
COCA-COLA CO/THE	Common Stock	191216100	22,352	514,673	SH		SOLE		514,673	0	0
COEUR MINING INC	Common Stock	192108504	22,047	2,755,868	SH		SOLE		2,755,868	0	0
COLGATE-PALMOLIVE CO	Common Stock	194162103	77,246	1,077,647	SH		SOLE		1,077,647	0	0
COMCAST CORP	Common Stock	20030N101	140,971	4,125,583	SH		SOLE		4,125,583	0	0
CONDUENT INC	Common Stock	206787103	63,130	3,386,781	SH		SOLE		3,386,781	0	0
CREDICORP LTD	Common Stock	G2519Y108	9,893	43,575	SH		SOLE		43,575	0	0
CSX CORP	Common Stock	126408103	47,933	860,407	SH		SOLE		860,407	0	0
CUMMINS INC	Common Stock	231021106	150,429	928,059	SH		SOLE		928,059	0	0
DAVITA INC	Common Stock	23918K108	30,328	459,930	SH		SOLE		459,930	0	0
DEERE & CO	Common Stock	244199105	67,265	433,072	SH		SOLE		433,072	0	0
DELTA AIR LINES INC	Common Stock	247361702	141,950	2,589,864	SH		SOLE		2,589,864	0	0
DELUXE CORP	Common Stock	248019101	8,827	119,267	SH		SOLE		119,267	0	0
DEVON ENERGY CORP	Common Stock	25179M103	4,773	150,131	SH		SOLE		150,131	0	0
DOWDUPONT INC	Common Stock	26078J100	212,799	3,340,120	SH		SOLE		3,340,120	0	0
DR PEPPER SNAPPLE GROUP INC	Common Stock	26138E109	22,630	191,165	SH		SOLE		191,165	0	0
DUN & BRADSTREET CORP/THE	Common Stock	26483E100	79,984	683,621	SH		SOLE		683,621	0	0
DXC TECHNOLOGY CO	Common Stock	23355L106	280,331	2,788,526	SH		SOLE		2,788,526	0	0
EASTMAN CHEMICAL CO	Common Stock	277432100	603	5,715	SH		SOLE		5,715	0	0
EBAY INC	Common Stock	278642103	125,499	3,118,752	SH		SOLE		3,118,752	0	0
ECOLAB INC	Common Stock	278865100	534	3,897	SH		SOLE		3,897	0	0
ELI LILLY & CO	Common Stock	532457108	130,756	1,690,008	SH		SOLE		1,690,008	0	0
ENBRIDGE INC	Common Stock	29250N105	9,530	303,235	SH		SOLE		303,235	0	0
ENCANA CORP	Common Stock	292505104	877	79,836	SH		SOLE		79,836	0	0
EOG RESOURCES INC	Common Stock	26875P101	10,494	99,686	SH		SOLE		99,686	0	0
ESSENT GROUP LTD	Common Stock	G3198U102	28,119	660,697	SH		SOLE		660,697	0	0
ESTEE LAUDER COS INC/THE	Common Stock	518439104	152,412	1,017,977	SH		SOLE		1,017,977	0	0
EXTENDED STAY AMERICA INC	Unit	30224P200	115,312	5,832,680	SH		SOLE		5,832,680	0	0
EXXON MOBIL CORP	Common Stock	30231G102	46	619	SH		SOLE		619	0	0
F5 NETWORKS INC	Common Stock	315616102	9,957	68,855	SH		SOLE		68,855	0	0
FACEBOOK INC	Common Stock	30303M102	245,631	1,537,211	SH		SOLE		1,537,211	0	0
FACTSET RESEARCH SYSTEMS INC	Common Stock	303075105	183,303	919,182	SH		SOLE		919,182	0	0
FIRST SOLAR INC	Common Stock	336433107	853	12,020	SH		SOLE		12,020	0	0
FNF GROUP	Tracking Stk	31620R303	60,650	1,515,487	SH		SOLE		1,515,487	0	0
FOOT LOCKER INC	Common Stock	344849104	146,643	3,220,096	SH		SOLE		3,220,096	0	0
GAMING AND LEISURE PROPERTIES	REIT	36467J108	35,136	1,049,787	SH		SOLE		1,049,787	0	0
GENERAC HOLDINGS INC	Common Stock	368736104	60,609	1,320,168	SH		SOLE		1,320,168	0	0
GENUINE PARTS CO	Common Stock	372460105	9,006	100,247	SH		SOLE		100,247	0	0
GILEAD SCIENCES INC	Common Stock	375558103	6,585	87,345	SH		SOLE		87,345	0	0
GLOBAL X SILVER MINERS ETF	ETP	37954Y848	20,467	666,250	SH		SOLE		666,250	0	0
GOLD FIELDS	ADR	38059T106	6,044	1,503,503	SH		SOLE		1,503,503	0	0
GOLDCORP INC	Common Stock	380956409	11,866	858,628	SH		SOLE		858,628	0	0
GOLDMAN SACHS GROUP INC/THE	Common Stock	38141G104	38,532	152,989	SH		SOLE		152,989	0	0
GRUPO AEROPORTUARIO DEL SUREST	ADR	40051E202	7,993	46,860	SH		SOLE		46,860	0	0
HALLIBURTON CO	Common Stock	406216101	1,696	36,127	SH		SOLE		36,127	0	0
HANNON ARMSTRONG SUSTAINABLE I	REIT	41068X100	980	50,231	SH		SOLE		50,231	0	0
HASBRO INC	Common Stock	418056107	7,531	89,340	SH		SOLE		89,340	0	0
HDFC BANK LTD	ADR	40415F101	1,238	12,530	SH		SOLE		12,530	0	0
HELMERICH & PAYNE INC	Common Stock	423452101	30,372	456,306	SH		SOLE		456,306	0	0
HESS CORP	Common Stock	42809H107	97,105	1,918,305	SH		SOLE		1,918,305	0	0
HOME DEPOT INC/THE	Common Stock	437076102	17,943	100,667	SH		SOLE		100,667	0	0
HONEYWELL INTERNATIONAL INC	Common Stock	438516106	296,761	2,053,567	SH		SOLE		2,053,567	0	0
HP INC	Common Stock	40434L105	5,062	230,921	SH		SOLE		230,921	0	0
IAMGOLD CORP	Common Stock	450913108	2,298	442,779	SH		SOLE		442,779	0	0
ILLINOIS TOOL WORKS INC	Common Stock	452308109	18,198	116,160	SH		SOLE		116,160	0	0
INFOSYS LTD	ADR	456788108	140,178	7,853,082	SH		SOLE		7,853,082	0	0
INTERNATIONAL FLAVORS & FRAGRA	Common Stock	459506101	483	3,530	SH		SOLE		3,530	0	0
INTUIT INC	Common Stock	461202103	145,593	839,878	SH		SOLE		839,878	0	0
ITAU UNIBANCO HOLDING SA	ADR	465562106	18,284	1,172,053	SH		SOLE		1,172,053	0	0
ITRON INC	Common Stock	465741106	1,246	17,421	SH		SOLE		17,421	0	0
JACK HENRY & ASSOCIATES INC	Common Stock	426281101	17,695	146,303	SH		SOLE		146,303	0	0
JOHNSON & JOHNSON	Common Stock	478160104	593,178	4,628,775	SH		SOLE		4,628,775	0	0
KANSAS CITY SOUTHERN	Common Stock	485170302	44,563	405,670	SH		SOLE		405,670	0	0
KINROSS GOLD CORP	Common Stock	496902404	15,985	4,048,110	SH		SOLE		4,048,110	0	0
KIRKLAND LAKE GOLD LTD	Common Stock	49741E100	10,014	646,501	SH		SOLE		646,501	0	0
LAM RESEARCH CORP	Common Stock	512807108	137,201	675,335	SH		SOLE		675,335	0	0
LAS VEGAS SANDS CORP	Common Stock	517834107	170,713	2,374,310	SH		SOLE		2,374,310	0	0
LEAR CORP	Common Stock	521865204	138,995	746,923	SH		SOLE		746,923	0	0
LEUCADIA NATIONAL CORP	Common Stock	527288104	19,846	873,128	SH		SOLE		873,128	0	0
LINCOLN NATIONAL CORP	Common Stock	534187109	30,031	411,043	SH		SOLE		411,043	0	0
LOCKHEED MARTIN CORP	Common Stock	539830109	9,746	28,839	SH		SOLE		28,839	0	0
MAG SILVER CORP	Common Stock	55903Q104	1,073	109,623	SH		SOLE		109,623	0	0
MARSH & MCLENNAN COS INC	Common Stock	571748102	139,776	1,692,412	SH		SOLE		1,692,412	0	0
MASTERCARD INC	Common Stock	57636Q104	51,130	291,904	SH		SOLE		291,904	0	0
MDC HOLDINGS INC	Common Stock	552676108	5,975	214,022	SH		SOLE		214,022	0	0
MERCK & CO INC	Common Stock	58933Y105	3,815	70,041	SH		SOLE		70,041	0	0
MGIC INVESTMENT CORP	Common Stock	552848103	29,784	2,291,106	SH		SOLE		2,291,106	0	0
MICROSOFT CORP	Common Stock	594918104	898,176	9,840,865	SH		SOLE		9,840,865	0	0
MONDELEZ INTERNATIONAL INC	Common Stock	609207105	3,104	74,380	SH		SOLE		74,380	0	0
MOODY'S CORP	Common Stock	615369105	262,532	1,627,599	SH		SOLE		1,627,599	0	0
MORGAN STANLEY INTL LTD	Common Stock	617446448	208,104	3,856,628	SH		SOLE		3,856,628	0	0
NATIONAL OILWELL VARCO INC	Common Stock	637071101	7,051	191,550	SH		SOLE		191,550	0	0
NETAPP INC	Common Stock	64110D104	292,440	4,740,479	SH		SOLE		4,740,479	0	0
NETEASE INC	ADR	64110W102	69,203	246,811	SH		SOLE		246,811	0	0
NEVSUN RESOURCES LTD	Common Stock	64156L101	2,012	844,988	SH		SOLE		844,988	0	0
NEW GOLD INC	Common Stock	644535106	2,437	940,656	SH		SOLE		940,656	0	0
NEW ORIENTAL EDUCATION & TECHN	ADR	647581107	55,087	628,491	SH		SOLE		628,491	0	0
NEW RESIDENTIAL INVESTMENT COR	REIT	64828T201	23,616	1,435,634	SH		SOLE		1,435,634	0	0
NEWMONT MINING CORP	Common Stock	651639106	27,346	699,917	SH		SOLE		699,917	0	0
NICE-SYSTEMS LTD	ADR	653656108	46,316	493,086	SH		SOLE		493,086	0	0
NIKE INC	Common Stock	654106103	15,412	231,969	SH		SOLE		231,969	0	0
NOBLE ENERGY INC	Common Stock	655044105	5,860	193,395	SH		SOLE		193,395	0	0
NOMAD FOODS LTD	Common Stock	G6564A105	90,577	5,754,559	SH		SOLE		5,754,559	0	0
NORBORD INC	Common Stock	65548P403	4,660	128,635	SH		SOLE		128,635	0	0
NORFOLK SOUTHERN CORP	Common Stock	655844108	203,112	1,495,891	SH		SOLE		1,495,891	0	0
NORTHERN TRUST CORP	Common Stock	665859104	49,483	479,814	SH		SOLE		479,814	0	0
NORTHROP GRUMMAN CORP	Common Stock	666807102	9,438	27,035	SH		SOLE		27,035	0	0
NOW INC	Common Stock	67011P100	34,543	3,379,914	SH		SOLE		3,379,914	0	0
NUCOR CORP	Common Stock	670346105	8,149	133,396	SH		SOLE		133,396	0	0
NUTRIEN LTD	Common Stock	67077M108	11,630	246,237	SH		SOLE		246,237	0	0
NVIDIA CORP	Common Stock	67066G104	5,566	24,034	SH		SOLE		24,034	0	0
ON SEMICONDUCTOR CORP	Common Stock	682189105	31,676	1,294,993	SH		SOLE		1,294,993	0	0
ORACLE CORP	Common Stock	68389X105	28,371	620,126	SH		SOLE		620,126	0	0
ORMAT TECHNOLOGIES INC	Common Stock	686688102	1,328	23,561	SH		SOLE		23,561	0	0
OWENS CORNING	Common Stock	690742101	84,862	1,055,502	SH		SOLE		1,055,502	0	0
PAN AMERICAN SILVER CORP	Common Stock	697900108	23,949	1,482,903	SH		SOLE		1,482,903	0	0
PARK HOTELS & RESORTS INC	REIT	700517105	7,427	274,853	SH		SOLE		274,853	0	0
PARKER-HANNIFIN CORP	Common Stock	701094104	100,178	585,731	SH		SOLE		585,731	0	0
PAYPAL HOLDINGS INC	Common Stock	70450Y103	392,419	5,172,258	SH		SOLE		5,172,258	0	0
PEPSICO INC	Common Stock	713448108	292,879	2,683,274	SH		SOLE		2,683,274	0	0
PFIZER INC	Common Stock	717081103	152,250	4,289,950	SH		SOLE		4,289,950	0	0
PHILIP MORRIS INTERNATIONAL IN	Common Stock	718172109	200,376	2,015,858	SH		SOLE		2,015,858	0	0
PHILLIPS 66	Common Stock	718546104	8,972	93,538	SH		SOLE		93,538	0	0
PLANET FITNESS INC	Common Stock	72703H101	116,506	3,084,621	SH		SOLE		3,084,621	0	0
POPULAR INC	Common Stock	733174700	102,188	2,455,260	SH		SOLE		2,455,260	0	0
POSCO	ADR	693483109	23,521	298,300	SH		SOLE		298,300	0	0
PPG INDUSTRIES INC	Common Stock	693506107	427	3,829	SH		SOLE		3,829	0	0
PRA HEALTH SCIENCES INC	Common Stock	69354M108	4,133	49,821	SH		SOLE		49,821	0	0
PRAXAIR INC	Common Stock	74005P104	594	4,113	SH		SOLE		4,113	0	0
PROCTER & GAMBLE CO/THE	Common Stock	742718109	21,993	277,411	SH		SOLE		277,411	0	0
PROLOGIS INC	REIT	74340W103	22,720	360,700	SH		SOLE		360,700	0	0
PUBLIC SERVICE ENTERPRISE GROU	Common Stock	744573106	175	3,476	SH		SOLE		3,476	0	0
QUALCOMM INC	Common Stock	747525103	4,785	86,353	SH		SOLE		86,353	0	0
RADIAN GROUP INC	Common Stock	750236101	74,864	3,931,944	SH		SOLE		3,931,944	0	0
RAYTHEON CO	Common Stock	755111507	43,132	199,852	SH		SOLE		199,852	0	0
REINSURANCE GROUP OF AMERICA I	Common Stock	759351604	22,426	145,624	SH		SOLE		145,624	0	0
RPC INC	Common Stock	749660106	5,319	294,990	SH		SOLE		294,990	0	0
S&P GLOBAL INC	Common Stock	78409V104	147,952	774,376	SH		SOLE		774,376	0	0
SANDSTORM GOLD LTD	Common Stock	80013R206	3,356	705,119	SH		SOLE		705,119	0	0
SCHLUMBERGER LTD	Common Stock	806857108	13,643	210,599	SH		SOLE		210,599	0	0
SCORPIO TANKERS INC	Common Stock	Y7542C106	4,151	2,118,017	SH		SOLE		2,118,017	0	0
SELECT ENERGY SERVICES INC	Common Stock	81617J301	928	73,541	SH		SOLE		73,541	0	0
SHERWIN-WILLIAMS CO/THE	Common Stock	824348106	421	1,074	SH		SOLE		1,074	0	0
SIGNET JEWELERS LTD	Common Stock	G81276100	65,774	1,707,530	SH		SOLE		1,707,530	0	0
SILICON MOTION TECHNOLOGY CORP	ADR	82706C108	21,306	442,775	SH		SOLE		442,775	0	0
SIMON PROPERTY GROUP INC	REIT	828806109	15,265	98,900	SH		SOLE		98,900	0	0
SKYLINE CORP	Common Stock	830830105	3,182	144,620	SH		SOLE		144,620	0	0
SOLAREDGE TECHNOLOGIES INC	Common Stock	83417M104	1,007	19,151	SH		SOLE		19,151	0	0
SOUTHWEST AIRLINES CO	Common Stock	844741108	7,434	129,788	SH		SOLE		129,788	0	0
SSR MINING INC	Common Stock	784730103	22,450	2,338,569	SH		SOLE		2,338,569	0	0
STEEL DYNAMICS INC	Common Stock	858119100	4,216	95,344	SH		SOLE		95,344	0	0
SUNCOR ENERGY INC	Common Stock	867224107	15,426	447,015	SH		SOLE		447,015	0	0
TAIWAN SEMICONDUCTOR MANUFACTU	ADR	874039100	17,452	398,803	SH		SOLE		398,803	0	0
TAPESTRY INC	Common Stock	876030107	27,777	527,974	SH		SOLE		527,974	0	0
TECK RESOURCES LTD	Common Stock	878742204	17,753	689,815	SH		SOLE		689,815	0	0
TERNIUM SA	ADR	880890108	8,946	275,354	SH		SOLE		275,354	0	0
THERMO FISHER SCIENTIFIC INC	Common Stock	883556102	286,526	1,387,806	SH		SOLE		1,387,806	0	0
THOR INDUSTRIES INC	Common Stock	885160101	4,422	38,393	SH		SOLE		38,393	0	0
TIFFANY & CO	Common Stock	886547108	184,946	1,893,775	SH		SOLE		1,893,775	0	0
TJX COS INC/THE	Common Stock	872540109	14,606	179,086	SH		SOLE		179,086	0	0
TRANSCANADA CORP	Common Stock	89353D107	8,342	201,867	SH		SOLE		201,867	0	0
TRANSUNION	Common Stock	89400J107	83,819	1,476,199	SH		SOLE		1,476,199	0	0
TRAVELERS COS INC/THE	Common Stock	89417E109	24,282	174,865	SH		SOLE		174,865	0	0
TRAVELPORT WORLDWIDE LTD	Common Stock	G9019D104	190	11,604	SH		SOLE		11,604	0	0
TURQUOISE HILL RESOURCES LTD	Common Stock	900435108	2,938	961,255	SH		SOLE		961,255	0	0
TWENTY-FIRST CENTURY FOX INC	Common Stock	90130A101	214,925	5,857,858	SH		SOLE		5,857,858	0	0
TYSON FOODS INC	Common Stock	902494103	23,605	322,517	SH		SOLE		322,517	0	0
UNION PACIFIC CORP	Common Stock	907818108	54,742	407,215	SH		SOLE		407,215	0	0
UNITED RENTALS INC	Common Stock	911363109	69,215	400,711	SH		SOLE		400,711	0	0
UNITEDHEALTH GROUP INC	Common Stock	91324P102	346,983	1,621,416	SH		SOLE		1,621,416	0	0
UNUM GROUP	Common Stock	91529Y106	191,125	4,014,396	SH		SOLE		4,014,396	0	0
VALE SA	ADR	91912E105	29,527	2,321,296	SH		SOLE		2,321,296	0	0
VALERO ENERGY CORP	Common Stock	91913Y100	225,066	2,426,068	SH		SOLE		2,426,068	0	0
VANECK VECTORS GOLD MINERS ETF	ETP	92189F106	6,467	294,210	SH		SOLE		294,210	0	0
VANTIV INC CL A	Common Stock	981558109	215,278	2,617,682	SH		SOLE		2,617,682	0	0
VAREX IMAGING CORP	Common Stock	92214X106	11,764	328,784	SH		SOLE		328,784	0	0
VERISIGN INC	Common Stock	92343E102	259,529	2,189,006	SH		SOLE		2,189,006	0	0
VF CORP	Common Stock	918204108	76,223	1,028,370	SH		SOLE		1,028,370	0	0
VISA INC	Common Stock	92826C839	413,704	3,458,489	SH		SOLE		3,458,489	0	0
VISTRA ENERGY CORP	Common Stock	92840M102	34,935	1,677,129	SH		SOLE		1,677,129	0	0
VMWARE INC	Common Stock	928563402	203,608	1,678,961	SH		SOLE		1,678,961	0	0
WAL-MART STORES INC	Common Stock	931142103	29,507	331,649	SH		SOLE		331,649	0	0
WASHINGTON FEDERAL INC	Common Stock	938824109	17,428	503,697	SH		SOLE		503,697	0	0
WELBILT INC	Common Stock	949090104	110,016	5,656,348	SH		SOLE		5,656,348	0	0
WELLS FARGO & CO	Common Stock	949746101	5,286	100,861	SH		SOLE		100,861	0	0
WESCO INTERNATIONAL INC	Common Stock	95082P105	63,840	1,028,840	SH		SOLE		1,028,840	0	0
WESTROCK CO	Common Stock	96145D105	151,200	2,356,247	SH		SOLE		2,356,247	0	0
WYNDHAM WORLDWIDE CORP	Common Stock	98310W108	223,588	1,953,931	SH		SOLE		1,953,931	0	0
XILINX INC	Common Stock	983919101	4,398	60,885	SH		SOLE		60,885	0	0
ZIMMER HOLDINGS INC	Common Stock	98956P102	28,965	265,633	SH		SOLE		265,633	0	0
ZOETIS INC	Common Stock	98978V103	8,583	102,779	SH		SOLE		102,779	0	0