Oldfield Partners 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
BARRICK GOLD CORP	STK	067901108	8,131	1,283,200	SH		SOLE	NONE	0	0	1,283,200
BARRICK GOLD CORP	STK	204448104	7,520	1,261,700	SH		SOLE	NONE	0	0	1,261,700
BED BATH & BEYOND INC	STK	172967424	35,933	724,300	SH		SOLE	NONE	0	0	724,300
CATERPILLAR INC	STK	29082A107	11,938	466,712	SH		SOLE	NONE	0	0	466,712
CHESAPEAKE ENERGY CORP	STK	37045V100	31,614	1,053,100	SH		SOLE	NONE	0	0	1,053,100
CIA DE MINAS BUENAVENTURA	ADR	428236103	27,474	1,072,800	SH		SOLE	NONE	0	0	1,072,800
CIA DE MINAS BUENAVENTURA	ADR	456788108	10,664	558,600	SH		SOLE	NONE	0	0	558,600
CITIGROUP INC	STK	594918104	30,224	682,878	SH		SOLE	NONE	0	0	682,878
CITIGROUP INC	STK	71654V101	3,723	1,011,658	SH		SOLE	NONE	0	0	1,011,658
EMBRAER SA	ADR	78440P108	12,724	521,483	SH		SOLE	NONE	0	0	521,483
EMBRAER SA	ADR	855030102	24,009	2,046,800	SH		SOLE	NONE	0	0	2,046,800
GENERAL MOTORS CO	STK	715684106	8,917	250,137	SH		SOLE	NONE	0	0	250,137
GENERAL MOTORS CO	STK	880890108	6,717	546,532	SH		SOLE	NONE	0	0	546,532
GUESS? INC	STK	900111204	7,292	840,084	SH		SOLE	NONE	0	0	840,084
HALLADOR ENERGY CO	STK	067901108	51,031	8,053,171	SH		SOLE	NONE	8,053,171	0	0
HEWLETT-PACKARD CO	STK	075896100	46	800	SH		SOLE	NONE	800	0	0
HEWLETT-PACKARD CO	STK	149123101	33	500	SH		SOLE	NONE	500	0	0
INFOSYS LTD	ADR	165167107	12	1,700	SH		SOLE	NONE	1,700	0	0
INFOSYS LTD	ADR	204448104	24,880	4,174,450	SH		SOLE	NONE	4,174,450	0	0
IBM	STK	172967424	207,042	4,173,384	SH		SOLE	NONE	4,173,384	0	0
JOHNSON & JOHNSON	STK	29082A107	39,455	1,542,401	SH		SOLE	NONE	1,542,401	0	0
MICROSOFT CORP	STK	37045V100	196,172	6,534,700	SH		SOLE	NONE	6,534,700	0	0
MICROSOFT CORP	STK	401617105	951	44,524	SH		SOLE	NONE	44,524	0	0
PETROLEO BRASILEIRO SA	ADR	40609P105	1,084	156,000	SH		SOLE	NONE	156,000	0	0
PETROLEO BRASILEIRO SA	ADR	428236103	160,429	6,264,309	SH		SOLE	NONE	6,264,309	0	0
PFIZER INC	STK	456788108	35,579	1,863,740	SH		SOLE	NONE	1,863,740	0	0
SK TELECOM CO LTD	ADR	459200101	43	300	SH		SOLE	NONE	300	0	0
SK TELECOM CO LTD	ADR	478160104	1,363	14,603	SH		SOLE	NONE	14,603	0	0
STAPLES INC	STK	594918104	169,334	3,825,885	SH		SOLE	NONE	3,825,885	0	0
STAPLES INC	STK	71654V101	12,355	3,357,288	SH		SOLE	NONE	3,357,288	0	0
TELEKOMUNIKASI INDONESIA	ADR	717081103	1,490	47,450	SH		SOLE	NONE	47,450	0	0
TELEKOMUNIKASI INDONESIA	ADR	78440P108	42,118	1,726,164	SH		SOLE	NONE	1,726,164	0	0
TEREX CORP	STK	855030102	145,117	12,371,400	SH		SOLE	NONE	12,371,400	0	0
TERNIUM SA	ADR	715684106	29,415	825,116	SH		SOLE	NONE	825,116	0	0
TERNIUM SA	ADR	880779103	689	38,400	SH		SOLE	NONE	38,400	0	0
TURKCELL ILETISIM HIZ.	ADR	880890108	22,295	1,814,117	SH		SOLE	NONE	1,814,117	0	0
TURKCELL ILETISIM HIZ.	ADR	900111204	24,334	2,803,488	SH		SOLE	NONE	2,803,488	0	0