Alliance Trust (ATST) 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

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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
CELGENE CORP USD0.01	EQUITY	002182348	10,645	81,970	SH		SOLE		81,970	0	0
BANK OF AMERICA C USD0.01	EQUITY	002295677	14,266	588,049	SH		SOLE		588,049	0	0
JOHNSON & JOHNSON USD1	EQUITY	002475833	17,431	131,744	SH		SOLE		131,744	0	0
LAM RESEARCH COR USD0.001	EQUITY	002502247	14,131	99,925	SH		SOLE		99,925	0	0
SCHWAB (CHARLES) USD0.01	EQUITY	002779397	14,162	329,666	SH		SOLE		329,666	0	0
UNITEDHEALTH GROU USD0.01	EQUITY	002917766	29,932	161,491	SH		SOLE		161,491	0	0
SBERBANK OF RUSSIA	EQUITY	009308609	13,773	5,596,024	SH		SOLE		5,596,024	0	0
MASTERCARD INC- USD0.0001	EQUITY	00B121557	13,973	115,053	SH		SOLE		115,053	0	0
FACEBOOK INC- USD0.000006	EQUITY	00B7TL820	23,675	156,830	SH		SOLE		156,830	0	0
INTERCONTINENTAL USD0.01	EQUITY	00BFSSDS9	14,993	227,449	SH		SOLE		227,449	0	0
ALPHABET INC-CL C NPV	EQUITY	00BYY88Y7	19,183	21,111	SH		SOLE		21,111	0	0
CHARTER COM CLASS A USD 0	EQUITY	00BZ6VT82	20,034	59,477	SH		SOLE		59,477	0	0
AMERICAN EXPRESS C USD0.2	EQUITY	002026082	24,430	290,000	SH		SOLE		290,000	0	0
COMCAST CORP-CLASS A USD1	EQUITY	002044545	38,920	1,000,000	SH		SOLE		1,000,000	0	0
TAIWAN SEMICONDUCTOR-SP	EQUITY	002113382	9,213	263,600	SH		SOLE		263,600	0	0
CHECK POINT SOFTW USD0.01	EQUITY	002181334	18,891	173,200	SH		SOLE		173,200	0	0
CVS HEALTH CORP USD0.01	EQUITY	002577609	22,937	285,000	SH		SOLE		285,000	0	0
MICROSOFT C USD0.00000625	EQUITY	002588173	28,602	415,000	SH		SOLE		415,000	0	0
QUALCOMM INC USD0.0001	EQUITY	002714923	9,485	171,800	SH		SOLE		171,800	0	0
UNITEDHEALTH GROU USD0.01	EQUITY	002917766	29,932	161,491	SH		SOLE		161,491	0	0
BAIDU INC - SPON ADR	EQUITY	00B0FXT17	18,327	102,500	SH		SOLE		102,500	0	0
EXPRESS SCRIPTS H USD0.01	EQUITY	00B7QQYV9	17,464	273,600	SH		SOLE		273,600	0	0
ALLERGAN PLC USD0.0001	EQUITY	00BY9D546	31,630	130,100	SH		SOLE		130,100	0	0
ALPHABET INC-CL A NPV	EQUITY	00BYVY8G0	13,758	14,800	SH		SOLE		14,800	0	0
CHARTER COM CLASS A USD 0	EQUITY	00BZ6VT82	20,034	59,477	SH		SOLE		59,477	0	0
BORGWARNER INC USD0.01	EQUITY	002111955	14,953	353,158	SH		SOLE		353,158	0	0
FTI CONSULTING IN USD0.01	EQUITY	002351449	12,706	363,555	SH		SOLE		363,555	0	0
ICICI BANK LTD-SPON ADR	EQUITY	002569286	20,839	2,325,737	SH		SOLE		2,325,737	0	0
ORACLE CORP USD0.01	EQUITY	002661568	17,646	351,929	SH		SOLE		351,929	0	0
GRUPO FIN SANTANDER-ADR	EQUITY	00B84CZX5	17,075	1,773,074	SH		SOLE		1,773,074	0	0
INOVALON HOLD USD0.000005	EQUITY	00BVV9XH0	16,213	1,237,651	SH		SOLE		1,237,651	0	0
NIELSEN HOLDINGS EUR0.07	EQUITY	00BWFY550	20,864	539,812	SH		SOLE		539,812	0	0
EXXON MOBIL CORP NPV	EQUITY	002326618	21,287	263,751	SH		SOLE		263,751	0	0
CVS HEALTH CORP USD0.01	EQUITY	002577609	22,937	285,000	SH		SOLE		285,000	0	0
MICROSOFT C USD0.00000625	EQUITY	002588173	28,602	415,000	SH		SOLE		415,000	0	0
ORACLE CORP USD0.01	EQUITY	002661568	17,646	351,929	SH		SOLE		351,929	0	0
CME GROUP INC USD0.01	EQUITY	002965839	13,960	111,486	SH		SOLE		111,486	0	0
PHILIP MORRIS INTERNA NPV	EQUITY	00B2PKRQ3	11,625	98,973	SH		SOLE		98,973	0	0
DOLLAR GENERAL C USD0.875	EQUITY	00B5B1S13	21,779	302,061	SH		SOLE		302,061	0	0
H&R BLOCK INC NPV	EQUITY	002105505	22,465	726,800	SH		SOLE		726,800	0	0
CISCO SYSTEMS IN USD0.001	EQUITY	002198163	18,177	580,731	SH		SOLE		580,731	0	0
WESTERN UNION CO USD0.01	EQUITY	00B1F76F9	16,847	884,360	SH		SOLE		884,360	0	0
TERADATA CORP USD0.01	EQUITY	00B247H10	16,704	566,621	SH		SOLE		566,621	0	0
AFLAC INC USD0.1	EQUITY	002026361	27,387	352,518	SH		SOLE		352,518	0	0
CORNING INC USD0.5	EQUITY	002224701	28,057	933,682	SH		SOLE		933,682	0	0
EOG RESOURCES INC USD0.01	EQUITY	002318024	23,965	264,749	SH		SOLE		264,749	0	0
FLEX LTD NPV	EQUITY	002353058	24,702	1,515,458	SH		SOLE		1,515,458	0	0
GOODYEAR TIRE & RUBBE NPV	EQUITY	002378200	24,422	698,775	SH		SOLE		698,775	0	0
LINCOLN NATIONAL CORP NPV	EQUITY	002516378	25,703	380,384	SH		SOLE		380,384	0	0
AETNA INC USD0.01	EQUITY	002695921	29,666	195,456	SH		SOLE		195,456	0	0
WESTERN DIGITAL C USD0.01	EQUITY	002954699	29,482	332,754	SH		SOLE		332,754	0	0
WHIRLPOOL CORP USD1	EQUITY	002960384	28,266	147,458	SH		SOLE		147,458	0	0
CELANESE CORP-S USD0.0001	EQUITY	00B05MZT4	26,360	277,682	SH		SOLE		277,682	0	0
AMERIPRISE FINANC USD0.01	EQUITY	00B0J7D57	24,863	195,323	SH		SOLE		195,323	0	0
LIBERTY INTE CORP USD0.01	EQUITY	00B144703	29,232	1,191,697	SH		SOLE		1,191,697	0	0
WESTERN UNION CO USD0.01	EQUITY	00B1F76F9	16,847	884,360	SH		SOLE		884,360	0	0
AERCAP HOLDINGS N EUR0.01	EQUITY	00B1HHKD3	26,156	563,461	SH		SOLE		563,461	0	0
SUNCOR ENERGY INC NPV	EQUITY	00B3NB0P5	24,183	828,180	SH		SOLE		828,180	0	0
TE CONNECTIVITY L CHF0.57	EQUITY	00B62B7C3	26,490	336,686	SH		SOLE		336,686	0	0
EATON CORP PLC USD0.01	EQUITY	00B8KQN82	27,022	347,147	SH		SOLE		347,147	0	0
BROADCOM LTD NPV	EQUITY	00BD9WQP4	26,847	115,233	SH		SOLE		115,233	0	0
ANTHEM INC COM USD0.01	EQUITY	00BSPHGL4	28,586	152,031	SH		SOLE		152,031	0	0
JOHNSON CTLS USD0.01	EQUITY	00BY7QL61	26,155	603,062	SH		SOLE		603,062	0	0
INTL BUSINESS MACH USD0.2	EQUITY	002005973	13,815	89,776	SH		SOLE		89,776	0	0
CITIGROUP INC USD0.01	EQUITY	002297907	15,048	225,000	SH		SOLE		225,000	0	0
WELLS FARGO & CO USD1.666	EQUITY	002649100	14,106	254,534	SH		SOLE		254,534	0	0
BAIDU INC - SPON ADR	EQUITY	00B0FXT17	18,327	102,500	SH		SOLE		102,500	0	0
JOHNSON CTLS USD0.01	EQUITY	00BY7QL61	26,155	603,062	SH		SOLE		603,062	0	0
AMAZON.COM INC USD0.01	EQUITY	002000019	27,909	28,843	SH		SOLE		28,843	0	0
CORE LABORATORIES EUR0.02	EQUITY	002182531	23,441	231,562	SH		SOLE		231,562	0	0
INFOSYS LTD-SP ADR	EQUITY	002398822	27,371	1,822,282	SH		SOLE		1,822,282	0	0
LOWE'S COS INC USD0.5	EQUITY	002536763	23,268	300,154	SH		SOLE		300,154	0	0
KANSAS CITY SOUTH USD0.01	EQUITY	002607647	27,451	262,339	SH		SOLE		262,339	0	0
REGENERON PHARMA USD0.001	EQUITY	002730190	29,709	60,488	SH		SOLE		60,488	0	0
SAP SE-SPONSORED ADR	EQUITY	002775135	26,365	251,938	SH		SOLE		251,938	0	0
PRICELINE GROUP USD0.008	EQUITY	002779063	25,538	13,653	SH		SOLE		13,653	0	0
HDFC BANK LTD-ADR	EQUITY	002781648	27,741	319,077	SH		SOLE		319,077	0	0
VISA INC-CLASS USD0.0001	EQUITY	00B2PZN04	25,995	277,166	SH		SOLE		277,166	0	0
MONDELEZ INTERNATIONA NPV	EQUITY	00B8CKK03	24,022	556,203	SH		SOLE		556,203	0	0
NIELSEN HOLDINGS EUR0.07	EQUITY	00BWFY550	20,864	539,812	SH		SOLE		539,812	0	0
BANCOLOMBIA S.A.-SPONS A	EQUITY	002082567	1,783	40,031	SH		SOLE		40,031	0	0
CREDICORP LTD USD5	EQUITY	002232878	1,877	10,467	SH		SOLE		10,467	0	0
Enel Americas SA	EQUITY	002314947	1,408	149,484	SH		SOLE		149,484	0	0
NVIDIA CORP USD0.001	EQUITY	002379504	2,362	16,343	SH		SOLE		16,343	0	0
LAM RESEARCH COR USD0.001	EQUITY	002502247	14,131	99,925	SH		SOLE		99,925	0	0
GRUPO FINANCIERO GALICIA	EQUITY	002613570	1,492	34,994	SH		SOLE		34,994	0	0
GRUPO AEROPORTUARIO SUR-	EQUITY	002639361	2,122	10,083	SH		SOLE		10,083	0	0
LUKOIL OAO RUB0.025	EQUITY	004560588	759	15,608	SH		SOLE		15,608	0	0
SEVERSTAL RUB0.25(REGD)	EQUITY	004777559	1,103	84,588	SH		SOLE		84,588	0	0
SBERBANK OF RUSSIA	EQUITY	009308609	13,773	5,596,024	SH		SOLE		5,596,024	0	0
MOSCOW EXCHANGE MICE RUB1	EQUITY	009310995	2,677	1,509,798	SH		SOLE		1,509,798	0	0
GRUPO AEROPORTUARIO PAC-	EQUITY	00B0YFC60	1,947	17,326	SH		SOLE		17,326	0	0
ROSNEFT OIL CO RUB0.01	EQUITY	00B17KP48	741	135,462	SH		SOLE		135,462	0	0
ALROSA AO RUB0.5	EQUITY	00B1FY8D2	2,443	1,670,353	SH		SOLE		1,670,353	0	0
MERCADOLIBRE INC USD0.001	EQUITY	00B23X1H3	2,948	11,750	SH		SOLE		11,750	0	0
PAMPA ENERGIA SA-SPON AD	EQUITY	00B41HK52	1,294	22,003	SH		SOLE		22,003	0	0
YANDEX NV-A EUR0.01	EQUITY	00B5BSZB3	1,813	69,117	SH		SOLE		69,117	0	0
JD.COM INC-ADR	EQUITY	00BMM27D9	4,062	103,574	SH		SOLE		103,574	0	0
ALIBABA GROUP HOLDING LT	EQUITY	00BP41ZD1	6,828	48,450	SH		SOLE		48,450	0	0