| # | % | |||||
|---|---|---|---|---|---|---|
| 1 | ISHARES | 278,200 | 72,805,000 | 7.20% | ||
| 2 | iShares MSCI Japan ETF | 509,000 | 61,691,000 | 6.10% | ||
| 3 | ROYAL DUTCH SHELL PLC | 128,550 | 58,902,000 | 5.82% | ||
| 4 | CISCO SYS INC | 213,000 | 57,830,000 | 5.72% | ||
| 5 | ISHARES TR | 146,400 | 51,167,000 | 5.06% | ||
| 6 | ISHARES TR | 44,000 | 49,548,000 | 4.90% | ||
| 7 | ISHARES SILVER TR | 355,000 | 46,789,000 | 4.63% | ||
| 8 | APPLE INC | 44,150 | 46,455,000 | 4.59% | ||
| 9 | BANK AMER CORP | 274,000 | 46,114,000 | 4.56% | ||
| 10 | TELEFONICA SA ADR SPONSORED | 400,500 | 44,255,000 | 4.38% | ||
| 11 | ISHARES TR | 211,300 | 42,894,000 | 4.24% | ||
| 12 | NEWMONT CORP | 205,400 | 36,931,000 | 3.65% | ||
| 13 | STEEL DYNAMICS INC | 198,500 | 35,472,000 | 3.51% | ||
| 14 | HESS CORP | 72,500 | 35,148,000 | 3.48% | ||
| 15 | MITSUBISHI UFJ FINL GROUP INCORPORATED SPONSORED ADR | 565,300 | 35,105,000 | 3.47% | ||
| 16 | MARKET VECTORS ETF TR | 162,250 | 31,136,000 | 3.08% | ||
| 17 | ISHARES INC | 265,000 | 29,468,000 | 2.91% | ||
| 18 | HP INC | 174,800 | 20,679,000 | 2.04% | ||
| 19 | TEEKAY TANKERS LTD - CLASS A | 294,101 | 20,234,000 | 2.00% | ||
| 20 | Siemens AG | 19,186 | 18,438,000 | 1.82% | ||
| 21 | SPDR SERIES TRUST | 48,900 | 16,582,000 | 1.64% | ||
| 22 | MORGAN STANLEY EMER MKTS DEBT COM | 188,361 | 16,180,000 | 1.60% | ||
| 23 | ORANGE ADR SPONSORED | 91,600 | 15,215,000 | 1.50% | ||
| 24 | WISDOMTREE TR WISDOMTREE EMERGING MKTS CORP BD FD | 21,932 | 14,280,000 | 1.41% | ||
| 25 | VALE S A | 396,366 | 12,961,000 | 1.28% | ||
| 26 | SHIP FINANCE INTERNATIONAL LTD | 74,749 | 12,378,000 | 1.22% | ||
| 27 | FREEPORT-MCMORAN INC | 180,350 | 12,192,000 | 1.21% | ||
| 28 | METLIFE INC | 25,000 | 12,045,000 | 1.19% | ||
| 29 | VANECK VECTORS BRAZIL SMALL CAP ETF | 115,000 | 11,903,000 | 1.18% | ||
| 30 | CHESAPEAKE ENERGY CORP | 245,750 | 11,034,000 | 1.09% | ||
| 31 | TEMPLETON EMERGING COM | 95,615 | 9,542,000 | 0.94% | ||
| 32 | SPDR GOLD TR | 5,000 | 5,073,000 | 0.50% | ||
| 33 | CLIFFS NATURAL RESOURCES INC N/C 8/25/17 185899101 | 279,000 | 4,380,000 | 0.43% | ||
| 34 | OWENS-ILLINOIS, INC. | 23,100 | 4,024,000 | 0.40% | ||
| 35 | GOLDEN OCEAN GROUP LTD | 327,253 | 3,502,000 | 0.35% | ||
| 36 | SELECT SECTOR SPDR TR | 5,100 | 3,076,000 | 0.30% | ||
| 37 | Vaneck Vectors Gold | 20,600 | 2,822,000 | 0.28% | ||
| 38 | ISHARES J.P. MORGAN EM CORPORATE BOND ETF | 2,383 | 1,098,000 | 0.11% | ||
| 39 | NATURAL RESOURCE PARTNERS | 75,650 | 930,000 | 0.09% | ||
| 40 | POWERSHARES DB AGRICULTURE FUND | 4,500 | 927,000 | 0.09% |
Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001574758-16-000007, filed 2016.01.15).
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.
