Instuitional Investor - Ranmore Fund Management Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sally Beauty Holdings Inc.	SBH	2,200,000	$35,816,000	9.7%
2.	Mattel Inc	MAT	2,100,000	$35,343,000	9.57%
3.	Petroleo Brasileiro Sa Petrobras	PBR	2,800,000	$33,096,000	8.96%
4.	Expedia Group Inc.	EXPE	154,000	$32,917,500	8.92%
5.	Universal Health Services Inc	UHS	154,000	$31,483,760	8.53%