Instuitional Investor - Ranmore Fund Management Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Petroleo Brasileiro Sa Petrobras	PBR	1,474,000	$19,220,960	11.49%
2.	Mattel Inc	MAT	890,000	$17,292,700	10.34%
3.	Shinhan Financial Group Co Ltd	SHG	489,000	$15,687,120	9.38%
4.	Alphabet Inc.	GOOGL	99,000	$15,309,360	9.15%
5.	Sally Beauty Holdings Inc.	SBH	1,420,000	$12,822,600	7.66%