Nikko Asset Management Americas 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
Estimated average burden
hours per response:		23.8

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	515	3,000	SH		SOLE		0	0	3,000
ABBOTT LABORATORIES	COM	002824100	351	9,100	SH		SOLE		0	0	9,100
ABBVIE INC	COM	00287Y109	433	7,000	SH		SOLE		0	0	7,000
ABBVIE INC	COM	00287Y109	1,817	29,400	SH		SOLE		29,400	0	0
ACCENTURE PLC-CL A	COM	G1151C101	358	3,200	SH		SOLE		0	0	3,200
ADOBE SYSTEMS INC	COM	00724F101	293	3,100	SH		SOLE		0	0	3,100
AETNA INC	COM	00817Y108	545	4,500	SH		SOLE		0	0	4,500
AGRIUM INC	COM	008916108	16,083	179,938	SH		SOLE		179,938	0	0
ALCOA INC	COM	013817101	4,265	468,700	SH		SOLE		468,700	0	0
ALLERGAN PLC	COM	G0177J108	692	3,000	SH		SOLE		0	0	3,000
ALPHABET INC-CL A	COM	02079K305	1,460	2,100	SH		SOLE		0	0	2,100
ALPHABET INC-CL C	COM	02079K107	1,508	2,204	SH		SOLE		0	0	2,204
ALTRIA GROUP INC	COM	02209S103	2,625	38,700	SH		SOLE		38,700	0	0
AMAZON.COM INC	COM	023135106	1,431	2,000	SH		SOLE		0	0	2,000
AMERICAN ELECTRIC POWER	COM	025537101	454	6,600	SH		SOLE		0	0	6,600
AMERICAN EXPRESS CO	COM	025816109	364	6,100	SH		SOLE		0	0	6,100
AMERICAN INTERNATIONAL GROUP	COM	026874784	412	8,000	SH		SOLE		0	0	8,000
AMERICAN TOWER CORP	COM	03027X100	542	4,800	SH		SOLE		0	0	4,800
AMERISOURCEBERGEN CORP	COM	03073E105	317	4,100	SH		SOLE		0	0	4,100
AMGEN INC	COM	031162100	630	4,200	SH		SOLE		0	0	4,200
ANADARKO PETROLEUM CORP	COM	032511107	367	6,900	SH		SOLE		0	0	6,900
ANADARKO PETROLEUM CORP	COM	032511107	20,959	394,036	SH		SOLE		394,036	0	0
ANGLOGOLD ASHANTI-SPON ADR	COM	035128206	17,648	985,900	SH		SOLE		985,900	0	0
ANTHEM INC	COM	036752103	302	2,300	SH		SOLE		0	0	2,300
APPLE INC	COM	037833100	2,681	28,400	SH		SOLE		0	0	28,400
ARCHER-DANIELS-MIDLAND CO	COM	039483102	129	3,100	SH		SOLE		0	0	3,100
ARCHER-DANIELS-MIDLAND CO	COM	039483102	17,796	427,999	SH		SOLE		427,999	0	0
AT&T INC	COM	00206R102	1,991	46,800	SH		SOLE		0	0	46,800
AT&T INC	COM	00206R102	4,020	94,500	SH		SOLE		94,500	0	0
AUTOMATIC DATA PROCESSING	COM	053015103	205	2,300	SH		SOLE		0	0	2,300
AVALONBAY COMMUNITIES INC	COM	053484101	748	4,200	SH		SOLE		0	0	4,200
BAKER HUGHES INC	COM	057224107	262	5,800	SH		SOLE		0	0	5,800
BAKER HUGHES INC	COM	057224107	6,696	148,445	SH		SOLE		148,445	0	0
BANCO BRADESCO-ADR	COM	059460303	601	78,342	SH		SOLE		0	0	78,342
BANK OF AMERICA CORP	COM	060505104	1,440	109,200	SH		SOLE		0	0	109,200
BANK OF MONTREAL	COM	063671101	263	3,200	SH		SOLE		0	0	3,200
BANK OF NEW YORK MELLON CORP	COM	064058100	300	7,900	SH		SOLE		0	0	7,900
BANK OF NOVA SCOTIA	COM	064149107	394	6,100	SH		SOLE		0	0	6,100
BARRICK GOLD CORP	COM	067901108	374	13,900	SH		SOLE		0	0	13,900
BARRICK GOLD CORP	COM	067901108	25,551	1,230,200	SH		SOLE		1,230,200	0	0
BCE INC	COM	05534B760	1,010	16,600	SH		SOLE		16,600	0	0
BECTON DICKINSON AND CO	COM	075887109	185	1,100	SH		SOLE		0	0	1,100
BERKSHIRE HATHAWAY INC-CL B	COM	084670702	1,734	12,200	SH		SOLE		0	0	12,200
BEST BUY CO INC	COM	086516101	500	16,400	SH		SOLE		16,400	0	0
BHP BILLITON PLC-ADR	COM	05545E209	43,825	1,796,112	SH		SOLE		1,796,112	0	0
BIOGEN INC	COM	09062X103	478	2,000	SH		SOLE		0	0	2,000
BLACKROCK INC	COM	09247X101	303	900	SH		SOLE		0	0	900
BOSTON PROPERTIES INC	COM	101121101	316	2,400	SH		SOLE		0	0	2,400
BP PLC-SPONS ADR	COM	055622104	25,363	729,038	SH		SOLE		729,038	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	686	9,400	SH		SOLE		0	0	9,400
BROADCOM LTD	COM	Y09827109	450	2,900	SH		SOLE		0	0	2,900
CABOT OIL & GAS CORP	COM	127097103	11,963	471,157	SH		SOLE		471,157	0	0
CAN IMPERIAL BK OF COMMERCE	COM	136069101	196	2,000	SH		SOLE		0	0	2,000
CAN IMPERIAL BK OF COMMERCE	COM	136069101	616	6,300	SH		SOLE		6,300	0	0
CANADIAN NATL RAILWAY CO	COM	136375102	342	4,500	SH		SOLE		0	0	4,500
CANADIAN NATURAL RESOURCES	COM	136385101	218	5,500	SH		SOLE		0	0	5,500
CANADIAN NATURAL RESOURCES	COM	136385101	12,094	395,730	SH		SOLE		395,730	0	0
CAPITAL ONE FINANCIAL CORP	COM	14040H105	502	8,100	SH		SOLE		0	0	8,100
CARDINAL HEALTH INC	COM	14149Y108	185	2,400	SH		SOLE		0	0	2,400
CASEY'S GENERAL STORES INC	COM	147528103	283	2,200	SH		SOLE		0	0	2,200
CATERPILLAR INC	COM	149123101	505	6,800	SH		SOLE		0	0	6,800
CELGENE CORP	COM	151020104	563	5,700	SH		SOLE		0	0	5,700
CF INDUSTRIES HOLDINGS INC	COM	125269100	8,736	358,930	SH		SOLE		358,930	0	0
CHARTER COMMUNICATIONS INC-A	COM	16119P108	178	782	SH		SOLE		0	0	782
CHEVRON CORP	COM	166764100	993	9,600	SH		SOLE		0	0	9,600
CHEVRON CORP	COM	166764100	25,320	244,830	SH		SOLE		244,830	0	0
CHEVRON CORP	COM	166764100	3,527	34,100	SH		SOLE		34,100	0	0
CHINA PETROLEUM & CHEM-ADR	COM	16941R108	5,195	72,890	SH		SOLE		72,890	0	0
CHUBB LTD	COM	H1467J104	307	2,400	SH		SOLE		0	0	2,400
CIMAREX ENERGY CO	COM	171798101	4,748	40,200	SH		SOLE		40,200	0	0
CISCO SYSTEMS INC	COM	17275R102	1,060	37,500	SH		SOLE		0	0	37,500
CISCO SYSTEMS INC	COM	17275R102	2,391	84,600	SH		SOLE		84,600	0	0
CITIGROUP INC	COM	172967424	628	14,900	SH		SOLE		0	0	14,900
CITIZENS FINANCIAL GROUP	COM	174610105	673	34,500	SH		SOLE		0	0	34,500
CNOOC LTD-SPON ADR	COM	126132109	5,644	45,852	SH		SOLE		45,852	0	0
COBALT INTERNATIONAL ENERGY	COM	19075F106	1,527	1,114,312	SH		SOLE		1,114,312	0	0
COCA-COLA CO/THE	COM	191216100	1,991	44,800	SH		SOLE		0	0	44,800
COGNIZANT TECH SOLUTIONS-A	COM	192446102	423	7,408	SH		SOLE		0	0	7,408
COLGATE-PALMOLIVE CO	COM	194162103	575	8,000	SH		SOLE		0	0	8,000
COMCAST CORP-CLASS A	COM	20030N101	818	12,800	SH		SOLE		0	0	12,800
CONCHO RESOURCES INC	COM	20605P101	374	3,100	SH		SOLE		0	0	3,100
CONCHO RESOURCES INC	COM	20605P101	16,243	134,800	SH		SOLE		134,800	0	0
CONOCOPHILLIPS	COM	20825C104	275	6,268	SH		SOLE		0	0	6,268
CONOCOPHILLIPS	COM	20825C104	6,060	138,000	SH		SOLE		138,000	0	0
CONSOLIDATED EDISON INC	COM	209115104	451	5,700	SH		SOLE		0	0	5,700
COSTCO WHOLESALE CORP	COM	22160K105	550	3,500	SH		SOLE		0	0	3,500
CVS HEALTH CORP	COM	126650100	812	8,600	SH		SOLE		0	0	8,600
DANAHER CORP	COM	235851102	320	3,200	SH		SOLE		0	0	3,200
DARDEN RESTAURANTS INC	COM	237194105	778	11,800	SH		SOLE		11,800	0	0
DELTA AIR LINES INC	COM	247361702	373	10,300	SH		SOLE		0	0	10,300
DEVON ENERGY CORP	COM	25179M103	341	9,300	SH		SOLE		0	0	9,300
DIAMONDBACK ENERGY INC	COM	25278X109	291	3,200	SH		SOLE		0	0	3,200
DIAMONDBACK ENERGY INC	COM	25278X109	5,175	57,000	SH		SOLE		57,000	0	0
DOLLAR GENERAL CORP	COM	256677105	281	3,000	SH		SOLE		0	0	3,000
DOMINION RESOURCES INC/VA	COM	25746U109	604	7,900	SH		SOLE		0	0	7,900
DOW CHEMICAL CO/THE	COM	260543103	346	7,000	SH		SOLE		0	0	7,000
DOW CHEMICAL CO/THE	COM	260543103	16,864	341,368	SH		SOLE		341,368	0	0
DOW CHEMICAL CO/THE	COM	260543103	1,309	26,500	SH		SOLE		26,500	0	0
DRIL-QUIP INC	COM	262037104	6,740	117,649	SH		SOLE		117,649	0	0
DU PONT (E.I.) DE NEMOURS	COM	263534109	345	5,400	SH		SOLE		0	0	5,400
DUKE ENERGY CORP	COM	26441C204	707	8,400	SH		SOLE		0	0	8,400
ECOLAB INC	COM	278865100	269	2,300	SH		SOLE		0	0	2,300
EDISON INTERNATIONAL	COM	281020107	205	2,700	SH		SOLE		0	0	2,700
ELDORADO GOLD CORP	COM	284902103	8,440	1,875,583	SH		SOLE		1,875,583	0	0
ELI LILLY & CO	COM	532457108	766	9,800	SH		SOLE		0	0	9,800
EMC CORP/MA	COM	268648102	274	10,100	SH		SOLE		0	0	10,100
ENBRIDGE INC	COM	29250N105	246	4,500	SH		SOLE		0	0	4,500
ENTERGY CORP	COM	29364G103	678	8,600	SH		SOLE		8,600	0	0
EOG RESOURCES INC	COM	26875P101	417	5,000	SH		SOLE		0	0	5,000
EOG RESOURCES INC	COM	26875P101	8,661	103,800	SH		SOLE		103,800	0	0
EQT CORP	COM	26884L109	13,027	169,264	SH		SOLE		169,264	0	0
EQUITY RESIDENTIAL	COM	29476L107	435	6,400	SH		SOLE		0	0	6,400
EXELON CORP	COM	30161N101	313	8,900	SH		SOLE		0	0	8,900
EXPRESS SCRIPTS HOLDING CO	COM	30219G108	469	6,200	SH		SOLE		0	0	6,200
EXXON MOBIL CORP	COM	30231G102	2,364	25,572	SH		SOLE		0	0	25,572
EXXON MOBIL CORP	COM	30231G102	36,366	393,321	SH		SOLE		393,321	0	0
EXXON MOBIL CORP	COM	30231G102	5,538	59,900	SH		SOLE		59,900	0	0
FACEBOOK INC-A	COM	30303M102	2,397	21,000	SH		SOLE		0	0	21,000
FEDEX CORP	COM	31428X106	481	3,200	SH		SOLE		0	0	3,200
FIRST DATA CORP- CLASS A	COM	32008D106	585	52,500	SH		SOLE		0	0	52,500
FMC TECHNOLOGIES INC	COM	30249U101	5,711	220,832	SH		SOLE		220,832	0	0
FNF GROUP	COM	31620R303	887	24,200	SH		SOLE		0	0	24,200
FORD MOTOR CO	COM	345370860	240	19,100	SH		SOLE		0	0	19,100
FREEPORT-MCMORAN INC	COM	35671D857	17,667	1,640,347	SH		SOLE		1,640,347	0	0
FRONTIER COMMUNICATIONS CORP	COM	35906A108	0	1	SH		SOLE		0	0	1
GENERAL ELECTRIC CO	COM	369604103	1,424	46,600	SH		SOLE		0	0	46,600
GENERAL MILLS INC	COM	370334104	210	3,100	SH		SOLE		0	0	3,100
GENERAL MOTORS CO	COM	37045V100	304	10,800	SH		SOLE		0	0	10,800
GENERAL MOTORS CO	COM	37045V100	1,034	36,700	SH		SOLE		36,700	0	0
GILEAD SCIENCES INC	COM	375558103	724	8,800	SH		SOLE		0	0	8,800
GOLDCORP INC	COM	380956409	17,004	904,963	SH		SOLE		904,963	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	597	4,100	SH		SOLE		0	0	4,100
GULFPORT ENERGY CORP	COM	402635304	7,663	243,100	SH		SOLE		243,100	0	0
HALLIBURTON CO	COM	406216101	379	8,500	SH		SOLE		0	0	8,500
HALLIBURTON CO	COM	406216101	21,533	482,900	SH		SOLE		482,900	0	0
HANESBRANDS INC	COM	410345102	229	8,700	SH		SOLE		0	0	8,700
HCA HOLDINGS INC	COM	40412C101	416	5,400	SH		SOLE		0	0	5,400
HELMERICH & PAYNE	COM	423452101	146	2,200	SH		SOLE		2,200	0	0
HESS CORP	COM	42809H107	6,971	120,670	SH		SOLE		120,670	0	0
HOLLYFRONTIER CORP	COM	436106108	3,433	143,300	SH		SOLE		143,300	0	0
HOME DEPOT INC	COM	437076102	1,656	13,000	SH		SOLE		0	0	13,000
INTEL CORP	COM	458140100	840	26,300	SH		SOLE		0	0	26,300
INTEL CORP	COM	458140100	2,647	82,900	SH		SOLE		82,900	0	0
INTERNATIONAL PAPER CO	COM	460146103	25,254	613,419	SH		SOLE		613,419	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	802	5,400	SH		SOLE		0	0	5,400
INTL BUSINESS MACHINES CORP	COM	459200101	1,440	9,700	SH		SOLE		9,700	0	0
ISRAEL CHEMICALS LTD	COM	M5920A109	2,807	714,283	SH		SOLE		714,283	0	0
JOHNSON & JOHNSON	COM	478160104	1,647	13,800	SH		SOLE		0	0	13,800
JPMORGAN CHASE & CO	COM	46625H100	1,331	21,749	SH		SOLE		0	0	21,749
KIMBERLY-CLARK CORP	COM	494368103	364	2,700	SH		SOLE		0	0	2,700
KINDER MORGAN INC	COM	49456B101	182	9,800	SH		SOLE		0	0	9,800
KINDER MORGAN INC	COM	49456B101	4,045	218,300	SH		SOLE		218,300	0	0
KLA-TENCOR CORP	COM	482480100	793	11,000	SH		SOLE		11,000	0	0
KRAFT HEINZ CO/THE	COM	500754106	258	3,000	SH		SOLE		0	0	3,000
KROGER CO	COM	501044101	747	20,500	SH		SOLE		0	0	20,500
L BRANDS INC	COM	501797104	282	4,200	SH		SOLE		0	0	4,200
LIBERTY INTERACTIVE CORP Q-A	COM	53071M104	478	19,100	SH		SOLE		0	0	19,100
LOWE'S COS INC	COM	548661107	373	4,800	SH		SOLE		0	0	4,800
LYONDELLBASELL INDU-CL A	COM	N53745100	252	3,400	SH		SOLE		0	0	3,400
MANULIFE FINANCIAL CORP	COM	56501R106	174	10,000	SH		SOLE		0	0	10,000
MARATHON PETROLEUM CORP	COM	56585A102	272	7,300	SH		SOLE		7,300	0	0
MARTIN MARIETTA MATERIALS	COM	573284106	9,559	51,611	SH		SOLE		51,611	0	0
MASTERCARD INC-CLASS A	COM	57636Q104	516	5,600	SH		SOLE		0	0	5,600
MATADOR RESOURCES CO	COM	576485205	4,437	209,600	SH		SOLE		209,600	0	0
MAXIM INTEGRATED PRODUCTS	COM	57772K101	196	5,600	SH		SOLE		5,600	0	0
MCDONALD'S CORP	COM	580135101	597	5,000	SH		SOLE		0	0	5,000
MCDONALD'S CORP	COM	580135101	2,115	17,700	SH		SOLE		17,700	0	0
MCKESSON CORP	COM	58155Q103	293	1,600	SH		SOLE		0	0	1,600
MEDTRONIC PLC	COM	G5960L103	812	9,500	SH		SOLE		0	0	9,500
MERCK & CO. INC.	COM	58933Y105	1,033	18,100	SH		SOLE		0	0	18,100
MERCK & CO. INC.	COM	58933Y105	1,820	31,900	SH		SOLE		31,900	0	0
METLIFE INC	COM	59156R108	281	7,160	SH		SOLE		0	0	7,160
MICROSOFT CORP	COM	594918104	3,027	59,900	SH		SOLE		0	0	59,900
MICROSOFT CORP	COM	594918104	293	5,800	SH		SOLE		5,800	0	0
MOHAWK INDUSTRIES INC	COM	608190104	904	4,800	SH		SOLE		0	0	4,800
MONDELEZ INTERNATIONAL INC-A	COM	609207105	533	12,400	SH		SOLE		0	0	12,400
MONSANTO CO	COM	61166W101	300	2,900	SH		SOLE		0	0	2,900
MONSANTO CO	COM	61166W101	27,278	263,500	SH		SOLE		263,500	0	0
MORGAN STANLEY	COM	617446448	505	20,000	SH		SOLE		0	0	20,000
MOSAIC CO/THE	COM	61945C103	21,301	831,429	SH		SOLE		831,429	0	0
NETFLIX INC	COM	64110L106	191	2,100	SH		SOLE		0	0	2,100
NEWMONT MINING CORP	COM	651639106	6,528	173,200	SH		SOLE		173,200	0	0
NEXTERA ENERGY INC	COM	65339F101	690	5,400	SH		SOLE		0	0	5,400
NIKE INC -CL B	COM	654106103	871	15,800	SH		SOLE		0	0	15,800
NOBLE ENERGY INC	COM	655044105	16,841	463,800	SH		SOLE		463,800	0	0
NUCOR CORP	COM	670346105	19,219	401,062	SH		SOLE		401,062	0	0
OCCIDENTAL PETROLEUM CORP	COM	674599105	300	4,000	SH		SOLE		0	0	4,000
OCCIDENTAL PETROLEUM CORP	COM	674599105	17,729	236,100	SH		SOLE		236,100	0	0
OCEANEERING INTL INC	COM	675232102	5,817	197,057	SH		SOLE		197,057	0	0
OIL STATES INTERNATIONAL INC	COM	678026105	4,049	127,200	SH		SOLE		127,200	0	0
ORACLE CORP	COM	68389X105	669	16,500	SH		SOLE		0	0	16,500
P G & E CORP	COM	69331C108	426	6,800	SH		SOLE		0	0	6,800
PACKAGING CORP OF AMERICA	COM	695156109	731	11,100	SH		SOLE		11,100	0	0
PARSLEY ENERGY INC-CLASS A	COM	701877102	303	11,500	SH		SOLE		0	0	11,500
PAYCHEX INC	COM	704326107	909	16,200	SH		SOLE		16,200	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	497	13,900	SH		SOLE		0	0	13,900
PEPSICO INC	COM	713448108	1,021	9,900	SH		SOLE		0	0	9,900
PETROCHINA CO LTD -ADR	COM	71646E100	5,460	81,033	SH		SOLE		81,033	0	0
PETROLEO BRASILEIRO-SPON ADR	COM	71654V408	5,182	721,700	SH		SOLE		721,700	0	0
PFIZER INC	COM	717081103	1,339	38,241	SH		SOLE		0	0	38,241
PFIZER INC	COM	717081103	147	4,200	SH		SOLE		4,200	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	483	4,900	SH		SOLE		4,900	0	0
PHILLIPS 66	COM	718546104	542	6,800	SH		SOLE		0	0	6,800
PHILLIPS 66	COM	718546104	3,873	48,600	SH		SOLE		48,600	0	0
PIONEER NATURAL RESOURCES CO	COM	723787107	243	1,600	SH		SOLE		0	0	1,600
PIONEER NATURAL RESOURCES CO	COM	723787107	16,816	110,900	SH		SOLE		110,900	0	0
PNC FINANCIAL SERVICES GROUP	COM	693475105	313	3,900	SH		SOLE		0	0	3,900
POTASH CORP OF SASKATCHEWAN	COM	73755L107	13,304	829,396	SH		SOLE		829,396	0	0
PPG INDUSTRIES INC	COM	693506107	143	1,400	SH		SOLE		0	0	1,400
PPL CORP	COM	69351T106	363	9,800	SH		SOLE		0	0	9,800
PRAXAIR INC	COM	74005P104	243	2,200	SH		SOLE		0	0	2,200
PRICELINE GROUP INC/THE	COM	741503403	372	300	SH		SOLE		0	0	300
PROCTER & GAMBLE CO/THE	COM	742718109	1,593	18,988	SH		SOLE		0	0	18,988
PUBLIC SERVICE ENTERPRISE GP	COM	744573106	249	5,500	SH		SOLE		0	0	5,500
PUBLIC STORAGE	COM	74460D109	381	1,500	SH		SOLE		0	0	1,500
QUALCOMM INC	COM	747525103	439	8,200	SH		SOLE		0	0	8,200
QUALCOMM INC	COM	747525103	412	7,700	SH		SOLE		7,700	0	0
RANDGOLD RESOURCES LTD-ADR	COM	752344309	7,304	67,843	SH		SOLE		67,843	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	348	1,000	SH		SOLE		0	0	1,000
REYNOLDS AMERICAN INC	COM	761713106	487	9,200	SH		SOLE		9,200	0	0
RICE ENERGY INC	COM	762760106	2,788	123,900	SH		SOLE		123,900	0	0
RIO TINTO PLC-SPON ADR	COM	767204100	28,176	940,764	SH		SOLE		940,764	0	0
ROBERT HALF INTL INC	COM	770323103	289	7,900	SH		SOLE		0	0	7,900
ROWAN COMPANIES PLC-A	COM	G7665A101	5,221	293,000	SH		SOLE		293,000	0	0
ROYAL BANK OF CANADA	COM	780087102	661	8,600	SH		SOLE		0	0	8,600
ROYAL DUTCH SHELL-SPON ADR-A	COM	780259206	38,866	716,550	SH		SOLE		716,550	0	0
SALESFORCE.COM INC	COM	79466L302	300	3,800	SH		SOLE		0	0	3,800
SCHLUMBERGER LTD	COM	806857108	693	8,900	SH		SOLE		0	0	8,900
SCHLUMBERGER LTD	COM	806857108	26,514	340,671	SH		SOLE		340,671	0	0
SEMPRA ENERGY	COM	816851109	267	2,400	SH		SOLE		0	0	2,400
SHERWIN-WILLIAMS CO/THE	COM	824348106	116	400	SH		SOLE		0	0	400
SIMON PROPERTY GROUP INC	COM	828806109	344	1,600	SH		SOLE		0	0	1,600
SM ENERGY CO	COM	78454L100	4,803	172,907	SH		SOLE		172,907	0	0
SNAP-ON INC	COM	833034101	493	3,200	SH		SOLE		0	0	3,200
SOUTHERN CO/THE	COM	842587107	214	4,100	SH		SOLE		0	0	4,100
SOUTHERN COPPER CORP	COM	84265V105	7,615	288,770	SH		SOLE		288,770	0	0
SPDR S&P 500 ETF TRUST	COM	78462F103	2,625	12,700	SH		SOLE		0	0	12,700
SPECTRA ENERGY CORP	COM	847560109	1,068	29,800	SH		SOLE		29,800	0	0
STARBUCKS CORP	COM	855244109	488	8,600	SH		SOLE		0	0	8,600
STEEL DYNAMICS INC	COM	858119100	8,378	354,700	SH		SOLE		354,700	0	0
STRYKER CORP	COM	863667101	202	1,700	SH		SOLE		0	0	1,700
SUNCOR ENERGY INC	COM	867224107	647	18,200	SH		SOLE		0	0	18,200
SUPERIOR ENERGY SERVICES INC	COM	868157108	12,753	710,092	SH		SOLE		710,092	0	0
SYMANTEC CORP	COM	871503108	169	8,300	SH		SOLE		8,300	0	0
SYNERGY RESOURCES CORP	COM	87164P103	4,658	676,100	SH		SOLE		676,100	0	0
SYNGENTA AG-ADR	COM	87160A100	17,391	225,123	SH		SOLE		225,123	0	0
TAHOE RESOURCES INC	COM	873868103	13,456	906,750	SH		SOLE		906,750	0	0
TARGET CORP	COM	87612E106	224	3,200	SH		SOLE		0	0	3,200
TECK RESOURCES LTD-CLS B	COM	878742204	5,674	452,151	SH		SOLE		452,151	0	0
TELUS CORP	COM	87971M103	997	23,800	SH		SOLE		23,800	0	0
TEXAS INSTRUMENTS INC	COM	882508104	331	5,400	SH		SOLE		0	0	5,400
THERMO FISHER SCIENTIFIC INC	COM	883556102	319	2,200	SH		SOLE		0	0	2,200
TIME WARNER INC	COM	887317303	431	6,011	SH		SOLE		0	0	6,011
TJX COMPANIES INC	COM	872540109	397	5,200	SH		SOLE		0	0	5,200
TORONTO-DOMINION BANK	COM	891160509	611	11,000	SH		SOLE		0	0	11,000
TOTAL SA-SPON ADR	COM	89151E109	31,452	659,512	SH		SOLE		659,512	0	0
TWENTY-FIRST CENTURY FOX-A	COM	90130A101	235	8,700	SH		SOLE		0	0	8,700
UNION PACIFIC CORP	COM	907818108	371	4,300	SH		SOLE		0	0	4,300
UNITED PARCEL SERVICE-CL B	COM	911312106	372	3,500	SH		SOLE		0	0	3,500
UNITEDHEALTH GROUP INC	COM	91324P102	689	4,900	SH		SOLE		0	0	4,900
US BANCORP	COM	902973304	563	14,200	SH		SOLE		0	0	14,200
VALERO ENERGY CORP	COM	91913Y100	410	7,900	SH		SOLE		0	0	7,900
VALERO ENERGY CORP	COM	91913Y100	5,763	111,000	SH		SOLE		111,000	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	1,459	26,500	SH		SOLE		0	0	26,500
VISA INC-CLASS A SHARES	COM	92826C839	959	12,500	SH		SOLE		0	0	12,500
WALGREENS BOOTS ALLIANCE INC	COM	931427108	649	7,800	SH		SOLE		0	0	7,800
WAL-MART STORES INC	COM	931142103	851	11,749	SH	��	SOLE		0	0	11,749
WALT DISNEY CO/THE	COM	254687106	902	9,300	SH		SOLE		0	0	9,300
WEATHERFORD INTERNATIONAL PL	COM	H27013103	4,188	761,500	SH		SOLE		761,500	0	0
WELLS FARGO & CO	COM	949746101	1,433	30,500	SH		SOLE		0	0	30,500
WELLTOWER INC	COM	95040Q104	136	1,800	SH		SOLE		0	0	1,800
WEYERHAEUSER CO	COM	962166104	19,722	674,707	SH		SOLE		674,707	0	0
XCEL ENERGY INC	COM	98389B100	346	7,900	SH		SOLE		0	0	7,900
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	286	2,400	SH		SOLE		0	0	2,400