0001176256-11-000642.txt : 20110815 0001176256-11-000642.hdr.sgml : 20110815 20110815170747 ACCESSION NUMBER: 0001176256-11-000642 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110815 DATE AS OF CHANGE: 20110815 EFFECTIVENESS DATE: 20110815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIERA SCEPTRE INC. CENTRAL INDEX KEY: 0001505817 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-14036 FILM NUMBER: 111037617 BUSINESS ADDRESS: STREET 1: 1501 MCGILL COLLEGE AVENUE STREET 2: SUITE 800 CITY: MONTREAL STATE: A8 ZIP: H3A 3M8 BUSINESS PHONE: 514-954-3300 MAIL ADDRESS: STREET 1: 1501 MCGILL COLLEGE AVENUE STREET 2: SUITE 800 CITY: MONTREAL STATE: A8 ZIP: H3A 3M8 13F-HR/A 1 fiera13fhra110630.txt FORM 13F FOR THE PERIOD ENDED JUNE 30, 2011 - AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 Check here if Amendment [ x ]; Amendment Number: 01 This Amendment (Check only one): [x] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Fiera Sceptre Inc. ------------------------------------- Address: 1501 McGill College Avenue, Suite 800 ------------------------------------- Montreal, Quebec, Canada ------------------------------------- H3A 3M8 ------------------------------------- Form 13F File Number: 28-14036 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person signing this Report on Behalf of Reporting Manager: Name: Violaine Des Roches --------------------------------------------------- Title: Senior Vice President, Legal Affairs and Compliance --------------------------------------------------- Phone: 514-954-3750 --------------------------------------------------- Signature, Place, and Date of Signing: (s) Violaine Des Roches Montreal, Quebec, Canada August 15, 2011 ----------------------- --------------------------- --------------- [Signature] [City, State, Country] [Date] Report Type (Check only one): [X] 13F HOLDING REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report, and a portion are reported by other reporting manager(s).) List of Other Managers reporting for this Manager: NONE [If there are no entries in this list, omit this section] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ---------------------------------------------- ------------ Form 13F Information Table Entry Total: 251 ---------------------------------------------- ------------ Form 13F Information Table Value Total: 5,789,109 ------------ (thousands) List of Other Included Managers: NONE ITEM 6 ITEM 4 INVESTMENT ITEM 8 FAIR ITEM 5 DISCRETION VOTING AUTHORITY ITEM 1 ITEM 2 ITEM 3 MARKET SH/PRN SH/PRN PUT/CALL TYPE ITEM 7 (SHARES) ISSUER CLASS SECID VALUE AMOUNT MGRS (A)SOLE (B)SHARED (C)NONE (000s) 3M COMPA COMM 88579Y101 25,285 266,575 SH SOLE 266,575 0 0 ACCENTUR COMM G1151C101 2,260 37,400 SH SOLE 37,400 0 0 ADVANTAG COMM 00765F101 37,391 4,723,350 SH SOLE 4,723,350 0 0 AGNICO E COMM 8474108 60,592 959,054 SH SOLE 959,054 0 0 AGRIUM I COMM 8916108 107,931 1,229,950 SH SOLE 1,229,950 0 0 AKAMAI T COMM 00971T101 7,905 251,200 SH SOLE 251,200 0 0 ALCOA IN COMM 13817101 1,741 109,800 SH SOLE 109,800 0 0 ALLERGAN COMM 18490102 3,197 38,400 SH SOLE 38,400 0 0 ALTRIA G COMM 02209S103 1,972 74,650 SH SOLE 74,650 0 0 AMAZON C COMM 23135106 2,433 11,900 SH SOLE 11,900 0 0 ANADARKO COMM 32511107 1,108 14,436 SH SOLE 14,436 0 0 APACHE C COMM 37411105 24,450 198,150 SH SOLE 198,150 0 0 APPLE IN COMM 37833100 12,935 38,535 SH SOLE 38,535 0 0 ARUBA NE COMM 43176106 1,247 42,200 SH SOLE 42,200 0 0 AT&T INC COMM 00206R102 3,203 101,975 SH SOLE 101,975 0 0 ATLANTIC COMM 04878Q863 67 4,400 SH SOLE 4,400 0 0 AURICO G COMM 05155C105 120 10,900 SH SOLE 10,900 0 0 AURIZON COMM 05155P106 58 10,300 SH SOLE 10,300 0 0 BANK OF COMM 63671101 48,152 757,486 SH SOLE 757,486 0 0 BANK OF COMM 64058100 4,085 159,450 SH SOLE 159,450 0 0 BANK OF COMM 64149107 319,516 5,307,485 SH SOLE 5,307,485 0 0 BARRICK COMM 67901108 123,517 2,722,221 SH SOLE 2,722,221 0 0 BAYTEX E COMM 07317Q105 43,564 798,200 SH SOLE 798,200 0 0 BCE INC COMM 05534B760 105,315 2,691,112 SH SOLE 2,691,112 0 0 BECTON D COMM 75887109 20,819 241,600 SH SOLE 241,600 0 0 BROADCOM CLAS 111320107 844 25,100 SH SOLE 25,100 0 0 BROOKFIE CLAS 112585104 65,603 1,973,003 SH SOLE 1,973,003 0 0 BROOKFIE COMM 112900105 291 15,100 SH SOLE 15,100 0 0 BUNGE LI COMM G16962105 2,602 37,732 SH SOLE 37,732 0 0 CAE INC COMM 124765108 6,510 482,900 SH SOLE 482,900 0 0 CAMECO C COMM 13321L108 36,781 1,397,021 SH SOLE 1,397,021 0 0 CARMAX I COMM 143130102 1,098 33,200 SH SOLE 33,200 0 0 CARNIVAL COMM 143658300 1,940 51,559 SH SOLE 51,559 0 0 CDN IMP COMM 136069101 152,795 1,936,473 SH SOLE 1,936,473 0 0 CDN NATL COMM 136375102 184,241 2,305,043 SH SOLE 2,305,043 0 0 CDN NATU COMM 136385101 215,488 5,143,900 SH SOLE 5,143,900 0 0 CDN PACI COMM 13645T100 39,309 630,938 SH SOLE 630,938 0 0 CELESTIC SUB 15101Q108 33,541 3,830,497 SH SOLE 3,830,497 0 0 CENOVUS COMM 15135U109 145,932 3,872,414 SH SOLE 3,872,414 0 0 CENTURYL COMM 156700106 1,346 33,300 SH SOLE 33,300 0 0 CGI GROU CLAS 39945C109 15,867 643,176 SH SOLE 643,176 0 0 CHEVRON COMM 166764100 1,728 16,800 SH SOLE 16,800 0 0 CITIGROU NEW 172967424 3,347 80,390 SH SOLE 80,390 0 0 CITRIX S COMM 177376100 1,248 15,600 SH SOLE 15,600 0 0 CME GROU CLAS 12572Q105 1,587 5,441 SH SOLE 5,441 0 0 COACH IN COMM 189754104 16,168 252,900 SH SOLE 252,900 0 0 COGNIZAN CLAS 192446102 1,797 24,500 SH SOLE 24,500 0 0 COLGATE COMM 194162103 22,001 251,700 SH SOLE 251,700 0 0 COMCAST CLAS 20030N101 2,833 111,794 SH SOLE 111,794 0 0 CONOCOPH COMM 20825C104 2,008 26,700 SH SOLE 26,700 0 0 CONSTELL CLAS 21036P108 1,689 81,100 SH SOLE 81,100 0 0 COOPER I ORD G24140108 1,265 21,200 SH SOLE 21,200 0 0 CORNING COMM 219350105 2,214 122,000 SH SOLE 122,000 0 0 COVIDIEN SHAR G2554F113 1,996 37,500 SH SOLE 37,500 0 0 DANAHER COMM 235851102 9,305 175,600 SH SOLE 175,600 0 0 DEERE & COMM 244199105 1,616 19,600 SH SOLE 19,600 0 0 DELL INC COMM 24702R101 2,414 144,806 SH SOLE 144,806 0 0 DELTA AI COMM 247361702 1,457 158,900 SH SOLE 158,900 0 0 DENISON COMM 248356107 38 20,000 SH SOLE 20,000 0 0 DESCARTE COMM 249906108 4,447 619,300 SH SOLE 619,300 0 0 DEVON EN COMM 25179M103 10,884 138,100 SH SOLE 138,100 0 0 DIRECTV COMM 25490A101 1,986 39,070 SH SOLE 39,070 0 0 DOLLAR T COMM 256746108 6,489 97,400 SH SOLE 97,400 0 0 DOW CHEM COMM 260543103 2,458 68,288 SH SOLE 68,288 0 0 DTE ENER COMM 233331107 2,176 43,500 SH SOLE 43,500 0 0 ECOLAB I COMM 278865100 4,348 77,125 SH SOLE 77,125 0 0 ELDORADO COMM 284902103 472 32,000 SH SOLE 32,000 0 0 EMBRAER ADR( 29082A107 6,695 217,500 SH SOLE 217,500 0 0 EMC CORP COMM 268648102 11,395 413,600 SH SOLE 413,600 0 0 EMERSON COMM 291011104 2,064 36,700 SH SOLE 36,700 0 0 ENBRIDGE COMM 29250N105 37,319 1,152,486 SH SOLE 1,152,486 0 0 ENCANA C COMM 292505104 91,957 2,980,108 SH SOLE 2,980,108 0 0 ENDEAVOU COMM 29258Y103 45 5,300 SH SOLE 5,300 0 0 ENERPLUS COMM 292766102 275 8,702 SH SOLE 8,702 0 0 ENSCO PL ADS 29358Q109 1,567 29,400 SH SOLE 29,400 0 0 EXFO INC SUB 302046107 4,565 595,300 SH SOLE 595,300 0 0 EXPRESS COMM 302182100 2,515 46,600 SH SOLE 46,600 0 0 EXTORRE COMM 30227B109 72 5,600 SH SOLE 5,600 0 0 FIRST MA COMM 32076V103 35,324 1,910,957 SH SOLE 1,910,957 0 0 FIRSTSER SUB 33761N109 28,075 811,840 SH SOLE 811,840 0 0 FLOWSERV COMM 34354P105 868 7,900 SH SOLE 7,900 0 0 FORD MOT COMM 345370860 7,462 541,100 SH SOLE 541,100 0 0 FRANKLIN COMM 354613101 32,455 247,200 SH SOLE 247,200 0 0 FREEPORT COMM 35671D857 10,554 199,500 SH SOLE 199,500 0 0 GANNETT COMM 364730101 1,091 76,200 SH SOLE 76,200 0 0 GENERAL COMM 369604103 977 51,800 SH SOLE 51,800 0 0 GENERAL COM 37045V100 1,296 42,700 SH SOLE 42,700 0 0 GILDAN A COMM 375916103 54,083 1,535,600 SH SOLE 1,535,600 0 0 GILEAD S COMM 375558103 2,373 57,300 SH SOLE 57,300 0 0 GOLDCORP COMM 380956409 205,410 4,249,538 SH SOLE 4,249,538 0 0 GOLDEN S COMM 38119T104 37 16,700 SH SOLE 16,700 0 0 GOLDMAN COMM 38141G104 1,126 8,459 SH SOLE 8,459 0 0 GOOGLE I CLAS 38259P508 4,100 8,098 SH SOLE 8,098 0 0 GRACO IN COMM 384109104 18,633 367,800 SH SOLE 367,800 0 0 GREAT BA COMM 390124105 60 29,200 SH SOLE 29,200 0 0 HALLIBUR COMM 406216101 1,389 27,242 SH SOLE 27,242 0 0 HARRY WI COMM 41587B100 7,644 460,500 SH SOLE 460,500 0 0 HERTZ GL COMM 42805T105 9,231 581,300 SH SOLE 581,300 0 0 HESS COR COMM 42809H107 2,287 30,600 SH SOLE 30,600 0 0 HEWLETT COMM 428236103 2,967 81,500 SH SOLE 81,500 0 0 HUMAN GE COMM 444903108 1,026 41,800 SH SOLE 41,800 0 0 IAMGOLD COMM 450913108 10,856 577,544 SH SOLE 577,544 0 0 IHS INC CLAS 451734107 6,302 75,550 SH SOLE 75,550 0 0 IMPERIAL COMM 453038408 32,324 694,467 SH SOLE 694,467 0 0 INFORMAT COMM 45666Q102 853 14,600 SH SOLE 14,600 0 0 INGERSOL CLAS G47791101 2,292 50,481 SH SOLE 50,481 0 0 INTERCON COMM 45865V100 1,097 8,800 SH SOLE 8,800 0 0 INTL BUS COMM 459200101 3,697 21,548 SH SOLE 21,548 0 0 INTUIT COMM 461202103 1,105 21,300 SH SOLE 21,300 0 0 ISHARES ISHA 464285105 849 58,000 SH SOLE 58,000 0 0 ISHARES MSCI 464286400 1,320 18,000 SH SOLE 18,000 0 0 ISHARES RUSS 464287655 3,562 43,025 SH SOLE 43,025 0 0 ISHARES MSCI 464288257 15,031 300,650 SH SOLE 300,650 0 0 ISHARES MSCI 464287465 7,154 118,950 SH SOLE 118,950 0 0 ISHARES JPMO 464288281 4,121 37,700 SH SOLE 37,700 0 0 ISHARES IBOX 464287242 4,879 44,300 SH SOLE 44,300 0 0 ISHARES 20+ 464287432 3,388 36,000 SH SOLE 36,000 0 0 ISHARES BARC 464287440 3,739 39,000 SH SOLE 39,000 0 0 ISHARES IBOX 464288513 4,063 44,500 SH SOLE 44,500 0 0 ISHARES S&P 464287200 48,754 368,180 SH SOLE 368,180 0 0 IVANHOE COMM 465790103 34 17,800 SH SOLE 17,800 0 0 IVANHOE COMM 46579N103 485 19,200 SH SOLE 19,200 0 0 JAGUAR M COMM 47009M103 26 5,500 SH SOLE 5,500 0 0 JDS UNIP COMM 46612J507 6,064 364,000 SH SOLE 364,000 0 0 JOHNSON COMM 478160104 29,321 440,785 SH SOLE 440,785 0 0 JOS A BA COMM 480838101 3,956 79,100 SH SOLE 79,100 0 0 JPMORGAN COMM 46625H100 4,982 121,695 SH SOLE 121,695 0 0 JUNIPER COMM 48203R104 7,623 242,000 SH SOLE 242,000 0 0 KEEGAN R COMM 487275109 12,340 1,592,200 SH SOLE 1,592,200 0 0 KINROSS COMM 496902404 60,536 3,835,561 SH SOLE 3,835,561 0 0 KIT DIGI COMM 482470200 584 48,900 SH SOLE 48,900 0 0 KROGER C COMM 501044101 2,646 106,675 SH SOLE 106,675 0 0 LAM RESE COMM 512807108 1,058 23,900 SH SOLE 23,900 0 0 LEAR COR COMM 521865204 1,829 34,200 SH SOLE 34,200 0 0 LOWES CO COMM 548661107 7,843 336,475 SH SOLE 336,475 0 0 LYONDELL SHS N53745100 1,079 28,000 SH SOLE 28,000 0 0 MAGNA IN COMM 559222401 636 11,764 SH SOLE 11,764 0 0 MANULIFE COMM 56501R106 160,605 9,080,256 SH SOLE 9,080,256 0 0 MARATHON COMM 565849106 3,034 57,600 SH SOLE 57,600 0 0 MASTERCA COMM 57636Q104 35,367 117,365 SH SOLE 117,365 0 0 MCCORMIC COMM 579780206 5,432 109,575 SH SOLE 109,575 0 0 MCDONALD COMM 580135101 1,602 19,000 SH SOLE 19,000 0 0 MCKESSON COMM 58155Q103 2,066 24,700 SH SOLE 24,700 0 0 METHANEX COMM 59151K108 36,000 1,147,396 SH SOLE 1,147,396 0 0 MICROSOF COMM 594918104 3,296 126,775 SH SOLE 126,775 0 0 MIDDLEBY COMM 596278101 18,324 194,850 SH SOLE 194,850 0 0 MINEFIND COMM 602900102 66 5,100 SH SOLE 5,100 0 0 MOODYS C COMM 615369105 41,810 1,090,225 SH SOLE 1,090,225 0 0 MOTOROLA COMM 620076307 1,678 36,446 SH SOLE 36,446 0 0 NABORS I COMM G6359F103 1,075 43,625 SH SOLE 43,625 0 0 NATIONAL COMM 637071101 713 9,120 SH SOLE 9,120 0 0 NETAPP I COMM 64110D104 1,019 19,300 SH SOLE 19,300 0 0 NEVSUN R COMM 64156L101 76 12,500 SH SOLE 12,500 0 0 NEW GOLD COMM 644535106 264 25,600 SH SOLE 25,600 0 0 NEWFIELD COMM 651290108 1,177 17,300 SH SOLE 17,300 0 0 NEWS COR CLAS 65248E104 2,370 133,900 SH SOLE 133,900 0 0 NEXEN IN COMM 65334H102 50,574 2,245,982 SH SOLE 2,245,982 0 0 NIKE INC CLAS 654106103 16,732 185,950 SH SOLE 185,950 0 0 NOBLE EN COMM 655044105 1,730 19,300 SH SOLE 19,300 0 0 NORDION COMM 65563C105 45 4,100 SH SOLE 4,100 0 0 NORTH AM COMM 656912102 35 8,500 SH SOLE 8,500 0 0 NORTHGAT COMM 666416102 49 18,900 SH SOLE 18,900 0 0 NORTHROP COMM 666807102 3,118 44,962 SH SOLE 44,962 0 0 NOVAGOLD COMM 66987E206 104 11,300 SH SOLE 11,300 0 0 NTHN DYN COMM 66510M204 50 4,900 SH SOLE 4,900 0 0 NVIDIA C COMM 67066G104 868 54,500 SH SOLE 54,500 0 0 NVR INC COMM 62944T105 798 1,100 SH SOLE 1,100 0 0 OCCIDENT COMM 674599105 31,839 306,025 SH SOLE 306,025 0 0 OPEN TEX COMM 683715106 231 3,600 SH SOLE 3,600 0 0 ORACLE C COMM 68389X105 28,545 838,275 SH SOLE 838,275 0 0 PAN AMER COMM 697900108 214 6,900 SH SOLE 6,900 0 0 PENN WES COMM 707887105 5,272 228,457 SH SOLE 228,457 0 0 PEPSICO COMM 713448108 25,524 362,400 SH SOLE 362,400 0 0 PETROLEO ADR( 71654V408 1,507 44,500 SH SOLE 44,500 0 0 PFIZER I COMM 717081103 4,905 238,100 SH SOLE 238,100 0 0 POTASH C COMM 73755L107 189,005 3,313,913 SH SOLE 3,313,913 0 0 PRAXAIR COMM 74005P104 4,980 45,950 SH SOLE 45,950 0 0 PRECISIO COMM 74022D308 2,679 186,700 SH SOLE 186,700 0 0 PRICELIN COMM 741503403 1,001 1,956 SH SOLE 1,956 0 0 PROCTER COMM 742718109 2,759 43,400 SH SOLE 43,400 0 0 PROGRESS COMM 74339G101 33,398 1,342,450 SH SOLE 1,342,450 0 0 PROVIDEN COMM 74386V100 2,181 244,600 SH SOLE 244,600 0 0 PRUDENTI COMM 744320102 1,068 16,800 SH SOLE 16,800 0 0 QUALCOMM COMM 747525103 3,498 61,600 SH SOLE 61,600 0 0 QUALITY COMM 747582104 18,577 212,800 SH SOLE 212,800 0 0 RAYTHEON COMM 755111507 1,805 36,200 SH SOLE 36,200 0 0 RED HAT COMM 756577102 1,432 31,200 SH SOLE 31,200 0 0 RESEARCH COMM 760975102 31,046 1,074,696 SH SOLE 1,074,696 0 0 ROGERS C CLAS 775109200 128,629 3,250,573 SH SOLE 3,250,573 0 0 ROVI COR COMM 779376102 10,061 175,400 SH SOLE 175,400 0 0 ROYAL BA COMM 780087102 368,130 6,444,452 SH SOLE 6,444,452 0 0 ROYAL CA COMM V7780T103 610 16,200 SH SOLE 16,200 0 0 RUBICON COMM 780911103 4,340 1,221,200 SH SOLE 1,221,200 0 0 SALESFOR COMM 79466L302 1,632 10,957 SH SOLE 10,957 0 0 SCHLUMBE COMM 806857108 12,232 141,575 SH SOLE 141,575 0 0 SHAW COM CLAS 82028K200 54,901 2,413,671 SH SOLE 2,413,671 0 0 SILVER S COMM 82823L106 136 5,100 SH SOLE 5,100 0 0 SILVER W COMM 828336107 32,216 976,800 SH SOLE 976,800 0 0 SILVERCO COMM 82835P103 104 11,100 SH SOLE 11,100 0 0 SMITHFIE COMM 832248108 988 45,181 SH SOLE 45,181 0 0 SOLERA H COMM 83421A104 18,292 309,200 SH SOLE 309,200 0 0 SPDR S&P UNIT 78462F103 21,732 159,395 SH SOLE 159,395 0 0 STANTEC COMM 85472N109 84 2,900 SH SOLE 2,900 0 0 STAPLES COMM 855030102 3,713 235,025 SH SOLE 235,025 0 0 STARBUCK COMM 855244109 1,118 28,300 SH SOLE 28,300 0 0 SUN LIFE COMM 866796105 18,479 613,921 SH SOLE 613,921 0 0 SUNCOR E COMM 867224107 329,886 8,422,570 SH SOLE 8,422,570 0 0 SWISHER COMM 870808102 4,757 848,600 SH SOLE 848,600 0 0 SXC HEAL COMM 78505P100 230 3,900 SH SOLE 3,900 0 0 SYSCO CO COMM 871829107 22,531 722,600 SH SOLE 722,600 0 0 TAIWAN S SP A 874039100 17,667 1,401,033 SH SOLE 1,401,033 0 0 TALISMAN COMM 87425E103 148,444 7,234,366 SH SOLE 7,234,366 0 0 TASEKO M COMM 876511106 60 12,100 SH SOLE 12,100 0 0 TECK RES CLAS 878742204 155,298 3,057,689 SH SOLE 3,057,689 0 0 TELUS CO NON 87971M202 8,720 166,033 SH SOLE 166,033 0 0 TEREX CO COMM 880779103 9,784 343,900 SH SOLE 343,900 0 0 TESORO C COMM 881609101 1,040 45,400 SH SOLE 45,400 0 0 TEVA PHA ADR 881624209 1,046 21,700 SH SOLE 21,700 0 0 THERATEC COMM 88338H100 1,811 400,000 SH SOLE 400,000 0 0 THOMSON COMM 884903105 27,684 737,853 SH SOLE 737,853 0 0 TIFFANY COMM 886547108 8,669 110,400 SH SOLE 110,400 0 0 TIM HORT COMM 88706M103 39,881 817,730 SH SOLE 817,730 0 0 TIME WAR COMM 88732J207 2,503 32,074 SH SOLE 32,074 0 0 TJX COMP COMM 872540109 32,642 621,400 SH SOLE 621,400 0 0 TORONTO COMM 891160509 371,846 4,388,222 SH SOLE 4,388,222 0 0 TRACTOR COMM 892356106 7,049 105,400 SH SOLE 105,400 0 0 TRANSALT COMM 89346D107 455 21,581 SH SOLE 21,581 0 0 TRANSCAN COMM 89353D107 44,333 1,014,092 SH SOLE 1,014,092 0 0 TRANSGLO COMM 893662106 64,285 5,640,123 SH SOLE 5,640,123 0 0 TRAVELER COMM 89417E109 2,388 40,900 SH SOLE 40,900 0 0 TRW AUTO COMM 87264S106 277 4,700 SH SOLE 4,700 0 0 UNITED T COMM 913017109 30,540 345,050 SH SOLE 345,050 0 0 UNITEDHE COMM 91324P102 10,655 206,575 SH SOLE 206,575 0 0 US BANCO COMM 902973304 25,571 1,002,400 SH SOLE 1,002,400 0 0 UTD PARC CLAS 911312106 2,399 32,900 SH SOLE 32,900 0 0 VALE S.A ADR( 91912E105 1,477 46,200 SH SOLE 46,200 0 0 VALE S.A PFD 91912E204 959 33,100 SH SOLE 33,100 0 0 VALEANT COMM 91911K102 748 14,400 SH SOLE 14,400 0 0 VANGUARD EMER 922042858 2,348 48,300 SH SOLE 48,300 0 0 VANGUARD DIV 921908844 3,242 57,900 SH SOLE 57,900 0 0 VANGUARD MSCI 921943858 36,842 967,500 SH SOLE 967,500 0 0 VARIAN M COMM 92220P105 22,351 319,210 SH SOLE 319,210 0 0 VIACOM I CLAS 92553P201 1,605 31,479 SH SOLE 31,479 0 0 VISA INC COMM 92826C839 1,744 20,700 SH SOLE 20,700 0 0 VMWARE I COMM 928563402 1,644 16,400 SH SOLE 16,400 0 0 WALT DIS COMM 254687106 3,478 89,100 SH SOLE 89,100 0 0 WELLPOIN COMM 94973V107 2,410 30,600 SH SOLE 30,600 0 0 WELLS FA COMM 949746101 9,282 330,800 SH SOLE 330,800 0 0 WESTPORT COMM 960908309 72 3,000 SH SOLE 3,000 0 0 WI LAN I COMM 928972108 62 7,700 SH SOLE 7,700 0 0 YAMANA G COMM 98462Y100 15,067 1,291,503 SH SOLE 1,291,503 0 0