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Institutional Investment Manager
Tradewinds Global Investors, LLC
Tradewinds Global Investors, LLC (CIK: 0001383221) incorporated in Delaware, located at 2049 Century Park East, Los Angeles, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 174 holdings with a total value of $1,539,416,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 TENARIS S A 784,015 22,610,000 1.47%
152 ALLY FINANCIAL 1,351,200 23,064,000 1.50%
153 AMERICAN INTL GROUP INC 444,890 23,530,000 1.53%
154 GOODYEAR TIRE & RUBB 930,258 23,870,000 1.55%
155 AES CORP COM 1,954,513 24,392,000 1.58%
156 ORACLE CORP 608,645 24,911,000 1.62%
157 PFIZER INC 724,710 25,517,000 1.66%
158 CITIGROUP INC 622,525 26,388,000 1.71%
159 CAMECO CORP 2,427,877 26,633,000 1.73%
160 FLEX LTD 2,352,359 27,757,000 1.80%
161 CANADIAN NAT RES LTD 952,183 29,355,000 1.91%
162 BP PLC 912,678 32,409,000 2.11%
163 ERICSSON 4,342,379 33,349,000 2.17%
164 SANOFI 809,931 33,895,000 2.20%
165 BUNGE LIMITED 587,323 34,740,000 2.26%
166 LUMEN TECHNOLOGIES INC 1,321,724 38,343,000 2.49%
167 SK TELECOM LTD 2,179,242 45,589,000 2.96%
168 TOYOTA MOTOR CORP 465,276 46,522,000 3.02%
169 TEVA PHARMACEUTICAL INDS LTD 1,016,970 51,082,000 3.32%
170 UBS GROUP AG COM 3,949,192 51,181,000 3.32%
171 NIPPON TELEG & TEL CORPORATION SPONSORED ADR 1,115,631 52,523,000 3.41%
172 AGRIUM INC 584,630 52,862,000 3.43%
173 ROYAL DUTCH SHELL PLC 1,010,960 56,613,000 3.68%
174 AXIS CAPITAL HOLDINGS LTD 1,243,032 68,366,000 4.44%
Page 4 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000909012-16-000561, filed 2016.08.10).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.