Chief Compliance Officer

0001567619-19-010822.txt : 20190514 0001567619-19-010822.hdr.sgml : 20190514 20190514160141 ACCESSION NUMBER: 0001567619-19-010822 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190514 DATE AS OF CHANGE: 20190514 EFFECTIVENESS DATE: 20190514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bridgewater Associates, LP CENTRAL INDEX KEY: 0001350694 IRS NUMBER: 132871809 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11794 FILM NUMBER: 19822631 BUSINESS ADDRESS: STREET 1: ONE GLENDINNING PLACE CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 203-226-3030 MAIL ADDRESS: STREET 1: ONE GLENDINNING PLACE CITY: WESTPORT STATE: CT ZIP: 06880 FORMER COMPANY: FORMER CONFORMED NAME: Bridgewater Associates, Inc. DATE OF NAME CHANGE: 20060123 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001350694 XXXXXXXX 03-31-2019 03-31-2019 Bridgewater Associates, LP

ONE GLENDINNING PLACE WESTPORT CT 06880

13F HOLDINGS REPORT 028-11794 N Helene Glotzer Chief Compliance Officer 203-226-3030 /s/ Helene Glotzer Westport CT 05-13-2019 0 303 16325029 false INFORMATION TABLE 2 form13fInfoTable.xml 3M CO COM 88579Y101 6598 31753 SH SOLE N/A 31753 0 0 51JOB INC SPONSORED ADS 316827104 424 5447 SH SOLE N/A 5447 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 2153 12229 SH SOLE N/A 12229 0 0 ADVANCE AUTO PARTS INC COM 00751Y106 1587 9308 SH SOLE N/A 9308 0 0 AFFILIATED MANAGERS GROUP IN COM 008252108 1861 17374 SH SOLE N/A 17374 0 0 AGNICO EAGLE MINES LTD COM 008474108 4949 113796 SH SOLE N/A 113796 0 0 AKAMAI TECHNOLOGIES INC COM 00971T101 7258 101210 SH SOLE N/A 101210 0 0 ALBEMARLE CORP COM 012653101 1560 19033 SH SOLE N/A 19033 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 16646 91238 SH SOLE N/A 91238 0 0 ALLIANCE DATA SYSTEMS CORP COM 018581108 45670 261001 SH SOLE N/A 261001 0 0 ALPHABET INC CAP STK CL A 02079K305 707 601 SH SOLE N/A 601 0 0 ALTRIA GROUP INC COM 02209S103 6232 108515 SH SOLE N/A 108515 0 0 AMC NETWORKS INC CL A 00164V103 1487 26191 SH SOLE N/A 26191 0 0 AMERICAN FINL GROUP INC OHIO COM 025932104 583 6056 SH SOLE N/A 6056 0 0 AMERISOURCEBERGEN CORP COM 03073E105 26510 333371 SH SOLE N/A 333371 0 0 ANADARKO PETE CORP COM 032511107 2053 45133 SH SOLE N/A 45133 0 0 ANALOG DEVICES INC COM 032654105 3862 36691 SH SOLE N/A 36691 0 0 ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 855 65255 SH SOLE N/A 65255 0 0 ANNALY CAP MGMT INC COM 035710409 3356 335950 SH SOLE N/A 335950 0 0 ANTHEM INC COM 036752103 6089 21217 SH SOLE N/A 21217 0 0 APACHE CORP COM 037411105 601 17350 SH SOLE N/A 17350 0 0 AT&T INC COM 00206R102 27372 872821 SH SOLE N/A 872821 0 0 AUTOHOME INC SP ADR RP CL A 05278C107 1470 13983 SH SOLE N/A 13983 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 4226 26455 SH SOLE N/A 26455 0 0 AUTONATION INC COM 05329W102 15651 438167 SH SOLE N/A 438167 0 0 AUTOZONE INC COM 053332102 1403 1370 SH SOLE N/A 1370 0 0 B2GOLD CORP COM 11777Q209 448 160113 SH SOLE N/A 160113 0 0 BAIDU INC SPON ADR REP A 056752108 5055 30666 SH SOLE N/A 30666 0 0 BANK AMER CORP COM 060505104 4046 146634 SH SOLE N/A 146634 0 0 BANK MONTREAL QUE COM 063671101 15686 209582 SH SOLE N/A 209582 0 0 BANK N S HALIFAX COM 064149107 22154 416027 SH SOLE N/A 416027 0 0 BARRICK GOLD CORPORATION COM 067901108 9212 671783 SH SOLE N/A 671783 0 0 BAUSCH HEALTH COS INC COM 071734107 2848 115412 SH SOLE N/A 115412 0 0 BB&T CORP COM 054937107 6692 143814 SH SOLE N/A 143814 0 0 BCE INC COM NEW 05534B760 11559 260225 SH SOLE N/A 260225 0 0 BED BATH & BEYOND INC COM 075896100 26324 1549370 SH SOLE N/A 1549370 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 7498 37325 SH SOLE N/A 37325 0 0 BHP GROUP LTD SPONSORED ADS 088606108 2857 52253 SH SOLE N/A 52253 0 0 BIOGEN INC COM 09062X103 56821 240378 SH SOLE N/A 240378 0 0 BLACKBERRY LTD COM 09228F103 1815 180009 SH SOLE N/A 180009 0 0 BOEING CO COM 097023105 8719 22860 SH SOLE N/A 22860 0 0 BOOKING HLDGS INC COM 09857L108 10738 6154 SH SOLE N/A 6154 0 0 BOSTON PROPERTIES INC COM 101121101 2803 20936 SH SOLE N/A 20936 0 0 BOSTON SCIENTIFIC CORP COM 101137107 1586 41325 SH SOLE N/A 41325 0 0 BP PLC SPONSORED ADR 055622104 2507 57339 SH SOLE N/A 57339 0 0 BRINKS CO COM 109696104 842 11168 SH SOLE N/A 11168 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 47199 989293 SH SOLE N/A 989293 0 0 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 13099 281063 SH SOLE N/A 281063 0 0 C H ROBINSON WORLDWIDE INC COM NEW 12541W209 7956 91461 SH SOLE N/A 91461 0 0 CABOT OIL & GAS CORP COM 127097103 6287 240876 SH SOLE N/A 240876 0 0 CAMECO CORP COM 13321L108 1810 153568 SH SOLE N/A 153568 0 0 CAMPBELL SOUP CO COM 134429109 4541 119088 SH SOLE N/A 119088 0 0 CANADIAN NAT RES LTD COM 136385101 12933 470906 SH SOLE N/A 470906 0 0 CANADIAN NATL RY CO COM 136375102 21496 240057 SH SOLE N/A 240057 0 0 CANADIAN PAC RY LTD COM 13645T100 9999 48517 SH SOLE N/A 48517 0 0 CAPITAL ONE FINL CORP COM 14040H105 7407 90677 SH SOLE N/A 90677 0 0 CAPRI HOLDINGS LIMITED SHS G1890L107 12841 280671 SH SOLE N/A 280671 0 0 CARDINAL HEALTH INC COM 14149Y108 25838 536618 SH SOLE N/A 536618 0 0 CARLISLE COS INC COM 142339100 933 7607 SH SOLE N/A 7607 0 0 CARNIVAL CORP UNIT 99/99/9999 143658300 10621 209407 SH SOLE N/A 209407 0 0 CATERPILLAR INC DEL COM 149123101 3945 29120 SH SOLE N/A 29120 0 0 CBRE GROUP INC CL A 12504L109 722 14606 SH SOLE N/A 14606 0 0 CBS CORP NEW CL B 124857202 18607 391469 SH SOLE N/A 391469 0 0 CDN IMPERIAL BK COMM TORONTO COM 136069101 10930 138276 SH SOLE N/A 138276 0 0 CELANESE CORP DEL COM 150870103 1088 11035 SH SOLE N/A 11035 0 0 CENOVUS ENERGY INC COM 15135U109 3014 347071 SH SOLE N/A 347071 0 0 CF INDS HLDGS INC COM 125269100 4722 115519 SH SOLE N/A 115519 0 0 CGI INC CL A SUB VTG 12532H104 6331 92070 SH SOLE N/A 92070 0 0 CHENIERE ENERGY INC COM NEW 16411R208 334 4879 SH SOLE N/A 4879 0 0 CHEVRON CORP NEW COM 166764100 2666 21640 SH SOLE N/A 21640 0 0 CIMAREX ENERGY CO COM 171798101 7020 100426 SH SOLE N/A 100426 0 0 CINTAS CORP COM 172908105 1679 8305 SH SOLE N/A 8305 0 0 CITIGROUP INC COM NEW 172967424 2691 43256 SH SOLE N/A 43256 0 0 CITRIX SYS INC COM 177376100 28928 290266 SH SOLE N/A 290266 0 0 CLEVELAND CLIFFS INC COM 185899101 18751 1876999 SH SOLE N/A 1876999 0 0 CLOROX CO DEL COM 189054109 8376 52199 SH SOLE N/A 52199 0 0 CME GROUP INC COM CL A 12572Q105 3341 20302 SH SOLE N/A 20302 0 0 COLGATE PALMOLIVE CO COM 194162103 216 3145 SH SOLE N/A 3145 0 0 COMCAST CORP NEW CL A 20030N101 5909 147791 SH SOLE N/A 147791 0 0 COMERICA INC COM 200340107 9513 129744 SH SOLE N/A 129744 0 0 COMMVAULT SYSTEMS INC COM 204166102 431 6662 SH SOLE N/A 6662 0 0 CONOCOPHILLIPS COM 20825C104 13587 203575 SH SOLE N/A 203575 0 0 CONSTELLATION BRANDS INC CL A 21036P108 12703 72452 SH SOLE N/A 72452 0 0 CONTINENTAL RESOURCES INC COM 212015101 800 17870 SH SOLE N/A 17870 0 0 CRESCENT PT ENERGY CORP COM 22576C101 600 185233 SH SOLE N/A 185233 0 0 CROWN HOLDINGS INC COM 228368106 764 13992 SH SOLE N/A 13992 0 0 CTRIP COM INTL LTD SPONSORED ADS 22943F100 1488 34065 SH SOLE N/A 34065 0 0 CUMMINS INC COM 231021106 5279 33436 SH SOLE N/A 33436 0 0 CVR ENERGY INC COM 12662P108 2076 50390 SH SOLE N/A 50390 0 0 CVS HEALTH CORP COM 126650100 34309 636180 SH SOLE N/A 636180 0 0 DARDEN RESTAURANTS INC COM 237194105 885 7289 SH SOLE N/A 7289 0 0 DAVITA INC COM 23918K108 23240 428075 SH SOLE N/A 428075 0 0 DEVON ENERGY CORP NEW COM 25179M103 6587 208722 SH SOLE N/A 208722 0 0 DISCOVER FINL SVCS COM 254709108 2026 28466 SH SOLE N/A 28466 0 0 DISH NETWORK CORP CL A 25470M109 16281 513771 SH SOLE N/A 513771 0 0 DOMINOS PIZZA INC COM 25754A201 421 1632 SH SOLE N/A 1632 0 0 DOVER CORP COM 260003108 2696 28745 SH SOLE N/A 28745 0 0 DUKE ENERGY CORP NEW COM NEW 26441C204 1596 17729 SH SOLE N/A 17729 0 0 EAST WEST BANCORP INC COM 27579R104 5679 118394 SH SOLE N/A 118394 0 0 EASTMAN CHEMICAL CO COM 277432100 45530 600024 SH SOLE N/A 600024 0 0 EATON CORP PLC SHS G29183103 2007 24909 SH SOLE N/A 24909 0 0 EDISON INTL COM 281020107 12033 194336 SH SOLE N/A 194336 0 0 EMERSON ELEC CO COM 291011104 3864 56434 SH SOLE N/A 56434 0 0 ENCANA CORP COM 292505104 2383 328820 SH SOLE N/A 328820 0 0 EOG RES INC COM 26875P101 2788 29289 SH SOLE N/A 29289 0 0 EQT CORP COM 26884L109 25342 1221875 SH SOLE N/A 1221875 0 0 EXPEDIA GROUP INC COM NEW 30212P303 2136 17947 SH SOLE N/A 17947 0 0 EXPEDITORS INTL WASH INC COM 302130109 971 12790 SH SOLE N/A 12790 0 0 EXXON MOBIL CORP COM 30231G102 2727 33755 SH SOLE N/A 33755 0 0 F M C CORP COM NEW 302491303 769 10008 SH SOLE N/A 10008 0 0 F5 NETWORKS INC COM 315616102 16234 103448 SH SOLE N/A 103448 0 0 FACEBOOK INC CL A 30303M102 5988 35925 SH SOLE N/A 35925 0 0 FANG HLDGS LTD ADR 30711Y102 32 23796 SH SOLE N/A 23796 0 0 FEDEX CORP COM 31428X106 26186 144346 SH SOLE N/A 144346 0 0 FIFTH THIRD BANCORP COM 316773100 3182 126152 SH SOLE N/A 126152 0 0 FLEETCOR TECHNOLOGIES INC COM 339041105 814 3301 SH SOLE N/A 3301 0 0 FLEX LTD ORD Y2573F102 677 67718 SH SOLE N/A 67718 0 0 FLIR SYS INC COM 302445101 3238 68057 SH SOLE N/A 68057 0 0 FOOT LOCKER INC COM 344849104 3318 54759 SH SOLE N/A 54759 0 0 FORTIS INC COM 349553107 5048 136548 SH SOLE N/A 136548 0 0 FORTUNE BRANDS HOME & SEC IN COM 34964C106 1358 28526 SH SOLE N/A 28526 0 0 FRANCO NEVADA CORP COM 351858105 6736 89817 SH SOLE N/A 89817 0 0 GDS HLDGS LTD SPONSORED ADS 36165L108 311 8705 SH SOLE N/A 8705 0 0 GENERAL DYNAMICS CORP COM 369550108 4769 28170 SH SOLE N/A 28170 0 0 GILDAN ACTIVEWEAR INC COM 375916103 2711 75369 SH SOLE N/A 75369 0 0 GILEAD SCIENCES INC COM 375558103 8102 124628 SH SOLE N/A 124628 0 0 GOLDCORP INC NEW COM 380956409 4786 418220 SH SOLE N/A 418220 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 12369 64423 SH SOLE N/A 64423 0 0 GRAINGER W W INC COM 384802104 7847 26075 SH SOLE N/A 26075 0 0 HARLEY DAVIDSON INC COM 412822108 2120 59440 SH SOLE N/A 59440 0 0 HELMERICH & PAYNE INC COM 423452101 7610 136961 SH SOLE N/A 136961 0 0 HESS CORP COM 42809H107 838 13907 SH SOLE N/A 13907 0 0 HOLLYFRONTIER CORP COM 436106108 17889 363078 SH SOLE N/A 363078 0 0 HOST HOTELS & RESORTS INC COM 44107P104 3444 182221 SH SOLE N/A 182221 0 0 HUAZHU GROUP LTD SPONSORED ADS 44332N106 2489 59071 SH SOLE N/A 59071 0 0 HUNT J B TRANS SVCS INC COM 445658107 2489 24569 SH SOLE N/A 24569 0 0 HUNTINGTON BANCSHARES INC COM 446150104 3492 275384 SH SOLE N/A 275384 0 0 IMPERIAL OIL LTD COM NEW 453038408 3489 127760 SH SOLE N/A 127760 0 0 INTEL CORP COM 458140100 16689 310789 SH SOLE N/A 310789 0 0 INTERCONTINENTAL EXCHANGE IN COM 45866F104 1910 25091 SH SOLE N/A 25091 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 6243 44244 SH SOLE N/A 44244 0 0 INTERPUBLIC GROUP COS INC COM 460690100 16686 794178 SH SOLE N/A 794178 0 0 INTL PAPER CO COM 460146103 21405 462620 SH SOLE N/A 462620 0 0 INTUIT COM 461202103 7124 27251 SH SOLE N/A 27251 0 0 ISHARES GOLD TRUST ISHARES 464285105 143722 11609220 SH SOLE N/A 11609220 0 0 ISHARES INC CORE MSCI EMKT 46434G103 2124624 41087297 SH SOLE N/A 40357610 0 729687 ISHARES INC MSCI BRAZIL ETF 464286400 382211 9324499 SH SOLE N/A 9324499 0 0 ISHARES INC MSCI STH KOR ETF 464286772 229657 3767959 SH SOLE N/A 3767959 0 0 ISHARES INC MSCI MEXICO ETF 464286822 21271 487976 SH SOLE N/A 484575 0 3401 ISHARES TR 20 YR TR BD ETF 464287432 282283 2232543 SH SOLE N/A 2232543 0 0 ISHARES TR CORE MSCI EAFE 46432F842 154463 2541766 SH SOLE N/A 2541766 0 0 ISHARES TR CORE S&P500 ETF 464287200 625371 2197677 SH SOLE N/A 2022677 0 175000 ISHARES TR IBOXX HI YD ETF 464288513 245785 2842430 SH SOLE N/A 2842430 0 0 ISHARES TR IBOXX INV CP ETF 464287242 312217 2622354 SH SOLE N/A 2622354 0 0 ISHARES TR JPMORGAN USD EMG 464288281 203398 1848066 SH SOLE N/A 1848066 0 0 ISHARES TR MSCI EAFE ETF 464287465 168225 2593664 SH SOLE N/A 2593664 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 3072001 71575042 SH SOLE N/A 71575042 0 0 ISHARES TR TIPS BD ETF 464287176 158141 1398613 SH SOLE N/A 1398613 0 0 ISHARES TR MSCI INDIA ETF 46429B598 768 21784 SH SOLE N/A 21784 0 0 JACK IN THE BOX INC COM 466367109 306 3775 SH SOLE N/A 3775 0 0 JBG SMITH PPTYS COM 46590V100 887 21460 SH SOLE N/A 21460 0 0 JD COM INC SPON ADR CL A 47215P106 4359 144586 SH SOLE N/A 144586 0 0 KELLOGG CO COM 487836108 7154 124686 SH SOLE N/A 124686 0 0 KEYCORP NEW COM 493267108 8546 542629 SH SOLE N/A 542629 0 0 KINROSS GOLD CORP COM 496902404 2101 610194 SH SOLE N/A 610194 0 0 KIRKLAND LAKE GOLD LTD COM 49741E100 1003 32981 SH SOLE N/A 32981 0 0 KOHLS CORP COM 500255104 14934 217153 SH SOLE N/A 217153 0 0 KROGER CO COM 501044101 1157 47033 SH SOLE N/A 47033 0 0 L BRANDS INC COM 501797104 9215 334117 SH SOLE N/A 334117 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 3299 21565 SH SOLE N/A 21565 0 0 LAUDER ESTEE COS INC CL A 518439104 15436 93241 SH SOLE N/A 93241 0 0 LEAR CORP COM NEW 521865204 1566 11536 SH SOLE N/A 11536 0 0 LIBERTY GLOBAL PLC SHS CL A G5480U104 6007 241068 SH SOLE N/A 241068 0 0 LINCOLN NATL CORP IND COM 534187109 7952 135462 SH SOLE N/A 135462 0 0 LKQ CORP COM 501889208 678 23892 SH SOLE N/A 23892 0 0 LOCKHEED MARTIN CORP COM 539830109 4044 13472 SH SOLE N/A 13472 0 0 LOGMEIN INC COM 54142L109 836 10431 SH SOLE N/A 10431 0 0 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 29028 345245 SH SOLE N/A 345245 0 0 M & T BK CORP COM 55261F104 631 4017 SH SOLE N/A 4017 0 0 MACYS INC COM 55616P104 37197 1547952 SH SOLE N/A 1547952 0 0 MADISON SQUARE GARDEN CO NEW CL A 55825T103 565 1927 SH SOLE N/A 1927 0 0 MAGNA INTL INC COM 559222401 7018 144114 SH SOLE N/A 144114 0 0 MANPOWERGROUP INC COM 56418H100 2153 26039 SH SOLE N/A 26039 0 0 MANULIFE FINL CORP COM 56501R106 10260 606507 SH SOLE N/A 606507 0 0 MARATHON OIL CORP COM 565849106 2572 153949 SH SOLE N/A 153949 0 0 MARATHON PETE CORP COM 56585A102 4465 74609 SH SOLE N/A 74609 0 0 MARTIN MARIETTA MATLS INC COM 573284106 2681 13326 SH SOLE N/A 13326 0 0 MASCO CORP COM 574599106 7070 179851 SH SOLE N/A 179851 0 0 MCKESSON CORP COM 58155Q103 18378 156995 SH SOLE N/A 156995 0 0 MEDNAX INC COM 58502B106 774 28491 SH SOLE N/A 28491 0 0 MICRON TECHNOLOGY INC COM 595112103 28889 698985 SH SOLE N/A 698985 0 0 MOHAWK INDS INC COM 608190104 13405 106261 SH SOLE N/A 106261 0 0 MOMO INC ADR 60879B107 566 14792 SH SOLE N/A 14792 0 0 MONSTER BEVERAGE CORP NEW COM 61174X109 30034 550267 SH SOLE N/A 550267 0 0 MOSAIC CO NEW COM 61945C103 21649 792697 SH SOLE N/A 792697 0 0 MURPHY OIL CORP COM 626717102 3198 109161 SH SOLE N/A 109161 0 0 NETAPP INC COM 64110D104 15902 229338 SH SOLE N/A 229338 0 0 NETEASE INC SPONSORED ADR 64110W102 3769 15611 SH SOLE N/A 15611 0 0 NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 1299 14416 SH SOLE N/A 14416 0 0 NEW YORK CMNTY BANCORP INC COM 649445103 1351 116774 SH SOLE N/A 116774 0 0 NEW YORK TIMES CO CL A 650111107 636 19366 SH SOLE N/A 19366 0 0 NEWELL BRANDS INC COM 651229106 890 58022 SH SOLE N/A 58022 0 0 NEWMONT MNG CORP COM 651639106 2496 69773 SH SOLE N/A 69773 0 0 NOBLE ENERGY INC COM 655044105 551 22285 SH SOLE N/A 22285 0 0 NORDSTROM INC COM 655664100 21415 482540 SH SOLE N/A 482540 0 0 NORTHERN TR CORP COM 665859104 665 7359 SH SOLE N/A 7359 0 0 NRG ENERGY INC COM NEW 629377508 9452 222507 SH SOLE N/A 222507 0 0 NUANCE COMMUNICATIONS INC COM 67020Y100 373 22038 SH SOLE N/A 22038 0 0 NUCOR CORP COM 670346105 37084 635546 SH SOLE N/A 635546 0 0 NUTRIEN LTD COM 67077M108 11110 210584 SH SOLE N/A 210584 0 0 NVENT ELECTRIC PLC SHS G6700G107 843 31233 SH SOLE N/A 31233 0 0 OCCIDENTAL PETE CORP COM 674599105 2299 34735 SH SOLE N/A 34735 0 0 OPEN TEXT CORP COM 683715106 2439 63508 SH SOLE N/A 63508 0 0 ORACLE CORP COM 68389X105 2602 48445 SH SOLE N/A 48445 0 0 PARKER HANNIFIN CORP COM 701094104 8816 51369 SH SOLE N/A 51369 0 0 PEMBINA PIPELINE CORP COM 706327103 5758 156702 SH SOLE N/A 156702 0 0 PEOPLES UTD FINL INC COM 712704105 1995 121350 SH SOLE N/A 121350 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 2699 169526 SH SOLE N/A 169526 0 0 PHILLIPS 66 COM 718546104 22785 239410 SH SOLE N/A 239410 0 0 PRETIUM RES INC COM 74139C102 239 27944 SH SOLE N/A 27944 0 0 PROLOGIS INC COM 74340W103 2201 30586 SH SOLE N/A 30586 0 0 PRUDENTIAL FINL INC COM 744320102 5437 59174 SH SOLE N/A 59174 0 0 PTC INC COM 69370C100 427 4634 SH SOLE N/A 4634 0 0 PUBLIC STORAGE COM 74460D109 1861 8546 SH SOLE N/A 8546 0 0 PULTE GROUP INC COM 745867101 18871 674925 SH SOLE N/A 674925 0 0 PVH CORP COM 693656100 34316 281398 SH SOLE N/A 281398 0 0 QEP RES INC COM 74733V100 589 75652 SH SOLE N/A 75652 0 0 QUEST DIAGNOSTICS INC COM 74834L100 4888 54358 SH SOLE N/A 54358 0 0 RALPH LAUREN CORP CL A 751212101 6330 48814 SH SOLE N/A 48814 0 0 RAYMOND JAMES FINANCIAL INC COM 754730109 3538 43994 SH SOLE N/A 43994 0 0 RAYTHEON CO COM NEW 755111507 4396 24144 SH SOLE N/A 24144 0 0 REALOGY HLDGS CORP COM 75605Y106 20440 1793024 SH SOLE N/A 1793024 0 0 REGIONS FINL CORP NEW COM 7591EP100 10493 741587 SH SOLE N/A 741587 0 0 RESTAURANT BRANDS INTL INC COM 76131D103 5151 79156 SH SOLE N/A 79156 0 0 RIO TINTO PLC SPONSORED ADR 767204100 2809 47739 SH SOLE N/A 47739 0 0 ROCKWELL AUTOMATION INC COM 773903109 4490 25589 SH SOLE N/A 25589 0 0 ROGERS COMMUNICATIONS INC CL B 775109200 6177 114817 SH SOLE N/A 114817 0 0 ROYAL BK CDA MONTREAL QUE COM 780087102 35834 474832 SH SOLE N/A 474832 0 0 ROYAL GOLD INC COM 780287108 892 9815 SH SOLE N/A 9815 0 0 SEALED AIR CORP NEW COM 81211K100 698 15152 SH SOLE N/A 15152 0 0 SHAW COMMUNICATIONS INC CL B CONV 82028K200 2757 132460 SH SOLE N/A 132460 0 0 SIBANYE STILLWATER SPONSORED ADR 825724206 393 95231 SH SOLE N/A 95231 0 0 SIGNATURE BK NEW YORK N Y COM 82669G104 3712 28981 SH SOLE N/A 28981 0 0 SIMON PPTY GROUP INC NEW COM 828806109 1644 9023 SH SOLE N/A 9023 0 0 SINA CORP ORD G81477104 451 7612 SH SOLE N/A 7612 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 686 8313 SH SOLE N/A 8313 0 0 SOUTHERN COPPER CORP COM 84265V105 1419 35763 SH SOLE N/A 35763 0 0 SOUTHWEST AIRLS CO COM 844741108 6200 119439 SH SOLE N/A 119439 0 0 SOUTHWESTERN ENERGY CO COM 845467109 14921 3181528 SH SOLE N/A 3181528 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 491453 4027972 SH SOLE N/A 4027972 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 2250834 7968119 SH SOLE N/A 6094038 0 1874081 STATE STR CORP COM 857477103 2107 32016 SH SOLE N/A 32016 0 0 SUN LIFE FINL INC COM 866796105 8111 211056 SH SOLE N/A 211056 0 0 SUNCOR ENERGY INC NEW COM 867224107 19652 606200 SH SOLE N/A 606200 0 0 TAL EDUCATION GROUP SPONSORED ADS 874080104 929 25740 SH SOLE N/A 25740 0 0 TAPESTRY INC COM 876030107 1758 54095 SH SOLE N/A 54095 0 0 TARGET CORP COM 87612E106 7672 95591 SH SOLE N/A 95591 0 0 TD AMERITRADE HLDG CORP COM 87236Y108 28737 574854 SH SOLE N/A 574854 0 0 TECK RESOURCES LTD CL B 878742204 5074 219250 SH SOLE N/A 219250 0 0 TELUS CORP COM 87971M103 7664 207021 SH SOLE N/A 207021 0 0 TEXTRON INC COM 883203101 16482 325345 SH SOLE N/A 325345 0 0 THE CHARLES SCHWAB CORPORATI COM 808513105 14135 330575 SH SOLE N/A 330575 0 0 THOMSON REUTERS CORP COM NEW 884903709 5440 91921 SH SOLE N/A 91921 0 0 TOLL BROTHERS INC COM 889478103 2915 80530 SH SOLE N/A 80530 0 0 TORCHMARK CORP COM 891027104 458 5592 SH SOLE N/A 5592 0 0 TORONTO DOMINION BK ONT COM NEW 891160509 32936 606735 SH SOLE N/A 606735 0 0 TOTAL SYS SVCS INC COM 891906109 299 3149 SH SOLE N/A 3149 0 0 TRANSCANADA CORP COM 89353D107 14134 314592 SH SOLE N/A 314592 0 0 TRINITY INDS INC COM 896522109 733 33720 SH SOLE N/A 33720 0 0 TRIPADVISOR INC COM 896945201 2808 54578 SH SOLE N/A 54578 0 0 TURQUOISE HILL RES LTD COM 900435108 161 97920 SH SOLE N/A 97920 0 0 TYSON FOODS INC CL A 902494103 1349 19425 SH SOLE N/A 19425 0 0 UNITED CONTL HLDGS INC COM 910047109 4236 53093 SH SOLE N/A 53093 0 0 UNITED RENTALS INC COM 911363109 42857 375118 SH SOLE N/A 375118 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 1071 9124 SH SOLE N/A 9124 0 0 UNITEDHEALTH GROUP INC COM 91324P102 3371 13632 SH SOLE N/A 13632 0 0 URBAN OUTFITTERS INC COM 917047102 19781 667373 SH SOLE N/A 667373 0 0 US BANCORP DEL COM NEW 902973304 590 12238 SH SOLE N/A 12238 0 0 V F CORP COM 918204108 7600 87452 SH SOLE N/A 87452 0 0 VALE S A SPONSORED ADS 91912E105 2778 212687 SH SOLE N/A 212687 0 0 VALERO ENERGY CORP NEW COM 91913Y100 3726 43927 SH SOLE N/A 43927 0 0 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 3129429 73633612 SH SOLE N/A 73633612 0 0 VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 167060 4087594 SH SOLE N/A 4087594 0 0 VERTEX PHARMACEUTICALS INC COM 92532F100 4026 21889 SH SOLE N/A 21889 0 0 VIACOM INC NEW CL B 92553P201 2413 85971 SH SOLE N/A 85971 0 0 VIPSHOP HLDGS LTD SPONSORED ADS A 92763W103 479 59711 SH SOLE N/A 59711 0 0 VISA INC COM CL A 92826C839 2310 14789 SH SOLE N/A 14789 0 0 VORNADO RLTY TR SH BEN INT 929042109 642 9513 SH SOLE N/A 9513 0 0 VULCAN MATLS CO COM 929160109 738 6229 SH SOLE N/A 6229 0 0 WABTEC CORP COM 929740108 825 11197 SH SOLE N/A 11197 0 0 WALGREENS BOOTS ALLIANCE INC COM 931427108 10724 169501 SH SOLE N/A 169501 0 0 WASTE CONNECTIONS INC COM 94106B101 4534 51172 SH SOLE N/A 51172 0 0 WELLS FARGO CO NEW COM 949746101 890 18426 SH SOLE N/A 18426 0 0 WESTERN UN CO COM 959802109 12110 655652 SH SOLE N/A 655652 0 0 WESTLAKE CHEM CORP COM 960413102 1790 26372 SH SOLE N/A 26372 0 0 WHEATON PRECIOUS METALS CORP COM 962879102 5192 218018 SH SOLE N/A 218018 0 0 WORLDPAY INC CL A 981558109 638 5617 SH SOLE N/A 5617 0 0 WYNDHAM HOTELS & RESORTS INC COM 98311A105 838 16767 SH SOLE N/A 16767 0 0 XILINX INC COM 983919101 4660 36757 SH SOLE N/A 36757 0 0 YAMANA GOLD INC COM 98462Y100 71 27161 SH SOLE N/A 27161 0 0 YUM CHINA HLDGS INC COM 98850P109 1971 43897 SH SOLE N/A 43897 0 0 YY INC SPONSORED ADS A 98426T106 317 3769 SH SOLE N/A 3769 0 0 ZIONS BANCORPORATION N A COM 989701107 5145 113301 SH SOLE N/A 113301 0 0