Brandes

Q3 2016 13F · by Kenneth Little, portfolio manager

As of: Sep 30, 2016
Filed: Nov 10, 2016
US stock: $6.7B · prev $6.5B
Positions: 188 · prev 190
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves204 since the prior filing

+1.5 pp in · −1.5 pp out

New 29 +0.12 pp
Added 43 +1.40 pp
Trimmed 101 −0.47 pp
Exited 31 −1.06 pp

The book

Diversified · behaves like 50 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 11% a year, about 8.7 years per position

Low
Moderate
High

Top 5 positions19% of US stock

EMBJ Embraer S.A. added−0.02 pp added−0.024.9%
CX Cemex S.A.B. de C.V. trimmed+0.67 pp trimmed+0.674.5%
MSFT Microsoft Corp trimmed+0.12 pp trimmed+0.123.1%
C Citigroup Inc. trimmed+0.22 pp trimmed+0.223.1%
TSU TIM Participacoes S.A. trimmed+0.26 pp trimmed+0.263.1%

Positions188 in this filing · 31 exited


EMBJEmbraer S.A.	4.86%	18,796,242	$324M	added+28%	−0.02 pp	10 q
CXCemex S.A.B. de C.V.	4.45%	37,395,522	$297M	trimmed−7%	+0.67 pp	10 q
MSFTMicrosoft Corp	3.09%	3,579,049	$206M	trimmed−6%	+0.12 pp	10 q
CCitigroup Inc.	3.06%	4,317,792	$204M	trimmed−2%	+0.22 pp	10 q
TSUTIM Participacoes S.A.	3.06%	16,698,362	$204M	trimmed−4%	+0.26 pp	10 q
STTState Street Corporation	2.82%	2,703,203	$188M	added+1%	+0.61 pp	10 q
MRKMerck & Co., Inc.	2.63%	2,812,318	$176M	trimmed−3%	+0.08 pp	10 q
PFEPfizer Inc.	2.56%	5,032,007	$170M	trimmed−4%	−0.25 pp	10 q
VIVTelefonica Brasil, S.A.	2.56%	11,550,321	$170M	trimmed−5%	−0.02 pp	10 q
GLWCorning Incorporated	2.29%	6,449,969	$153M	trimmed−4%	+0.18 pp	10 q
unresolvedGlaxosmithkline PLC	2.28%	3,525,668	$152M	trimmed−17%	−0.52 pp	10 q
BNYBank of New York Mellon Corporation	2.25%	3,766,740	$150M	trimmed−2%	−0.04 pp	10 q
unresolvedExpress Scripts Hldg Co	2.25%	2,129,437	$150M	added0%	−0.21 pp	10 q
EMREmerson Electric Co.	2.13%	2,605,239	$142M	trimmed−1%	+0.03 pp	5 q
PBR.APetroleo Brasileiro S.A.-Petrobras	2.13%	16,582,430	$142M	trimmed−36%	−0.25 pp	10 q
WFCWells Fargo & Co.	2.10%	3,158,460	$140M	added+12%	+0.07 pp	10 q
BACBank of America Corporation	2.09%	8,911,363	$139M	trimmed−1%	+0.26 pp	10 q
WTWWillis Towers Watson Public Limited Company	2.05%	1,029,805	$137M	trimmed−1%	+0.08 pp	3 q
SNYSanofi	2.04%	3,557,856	$136M	trimmed−1%	−0.26 pp	10 q
PNCPNC Financial Services Group	1.95%	1,445,288	$130M	trimmed−2%	+0.11 pp	10 q
BPBP p.l.c.	1.92%	3,641,390	$128M	trimmed−3%	−0.12 pp	10 q
WDCWestern Digital Corp.	1.92%	2,185,428	$128M	trimmed−3%	+0.29 pp	10 q
AIGAmerican International Group, Inc.	1.89%	2,126,724	$126M	trimmed−3%	+0.12 pp	9 q
CPACopa Holdings, S.A.	1.83%	1,323,684	$122M	trimmed−17%	+0.51 pp	9 q
HMCHonda Motor Co., Ltd.	1.82%	4,192,947	$121M	trimmed−3%	+0.15 pp	10 q
EENI S.p.A.	1.67%	3,865,913	$112M	added+3%	−0.19 pp	10 q
9990302DApache Corp	1.50%	1,561,690	$100M	trimmed−3%	+0.13 pp	10 q
CHLChina Mobile Limited	1.47%	1,598,848	$98M	trimmed−4%	0.00 pp	10 q
unresolvedLeucadia National	1.37%	4,802,083	$91M	trimmed−2%	+0.07 pp	6 q
UBSUBS Group AG	1.31%	6,424,073	$87M	added+10%	+0.15 pp	8 q
unresolvedCredit Suisse Group Spon ADR	1.29%	6,558,941	$86M	added+4%	+0.26 pp	7 q
AMXNAmerica Movil-spn ADR Cl L	1.22%	6,823,723	$81M	added+7%	−0.03 pp	10 q
ERICEricsson	1.17%	10,785,976	$78M	added+4%	−0.04 pp	10 q
PEPPepsiCo, Inc.	1.16%	709,651	$77M	trimmed−5%	−0.05 pp	10 q
XLNXXilinx Inc	1.13%	1,384,231	$75M	trimmed−30%	−0.26 pp	9 q
AVALGrupo Aval Acciones Y Valores S.a.	1.08%	7,767,880	$72M	trimmed−4%	+0.04 pp	9 q
EXCExelon Corporation	1.04%	2,087,949	$70M	trimmed−2%	−0.14 pp	10 q
HSBCHSBC Holdings PLC	1.03%	1,827,549	$69M	trimmed−4%	+0.13 pp	10 q
PKXPOSCO Holdings Inc.	0.96%	1,259,307	$64M	trimmed−3%	+0.08 pp	10 q
TXTernium S.A.	0.96%	3,255,130	$64M	trimmed−40%	−0.62 pp	9 q
BCSBarclays PLC	0.88%	6,726,538	$58M	added+4%	+0.13 pp	10 q
NOKNokia Corporation	0.84%	9,688,684	$56M	trimmed−0%	0.00 pp	2 q
TIIAYTelecom Italia S/	0.84%	6,792,076	$56M	added+23%	+0.15 pp	10 q
BGGBriggs & Stratton Corp.	0.78%	2,798,511	$52M	added+3%	−0.10 pp	10 q
ORANYOrange SP/	0.74%	3,157,365	$49M	added+22%	+0.09 pp	10 q
unresolvedAegon NV	0.72%	12,512,478	$48M	added+6%	0.00 pp	10 q
ARCOArcos Dorados Holdings Inc.	0.69%	8,778,811	$46M	trimmed−41%	−0.39 pp	8 q
CAJPYCanon Inc S/	0.67%	1,534,308	$45M	trimmed−27%	−0.25 pp	10 q
MUFGMitsubishi UFJ Financial Group, Inc.	0.67%	8,812,945	$45M	trimmed−1%	+0.07 pp	10 q
SHGShinhan Financial Group Co Ltd	0.66%	1,210,381	$44M	trimmed−1%	+0.05 pp	10 q
MBTMobile TeleSystems Public Joint Stock Company	0.60%	5,222,163	$40M	added+33%	+0.10 pp	10 q
CVXChevron Corporation	0.59%	384,067	$40M	trimmed−2%	−0.04 pp	10 q
unresolvedCompanhia Paranaense Energ C	0.57%	3,542,304	$38M	trimmed−37%	−0.23 pp	10 q
MDCM.D.C. Holdings, Inc.	0.51%	1,327,937	$34M	trimmed−3%	0.00 pp	10 q
TTENTotalenergies SE -spon ADR	0.50%	696,773	$33M	trimmed−4%	−0.04 pp	8 q
JOESt. Joe Company	0.47%	1,712,656	$31M	trimmed−2%	0.00 pp	10 q
unresolvedCia Brasileira de Distribuicao Grupo Pao	0.44%	1,782,626	$29M	trimmed−24%	−0.08 pp	7 q
TMToyota Motor Corporation	0.40%	227,068	$26M	trimmed−6%	+0.03 pp	10 q
unresolvedSyneron Medical Ltd	0.37%	3,414,913	$24M	added+25%	+0.05 pp	10 q
unresolvedCrh PLC	0.36%	720,639	$24M	trimmed−64%	−0.53 pp	10 q
unresolvedTelecom Italia S P A New	0.36%	3,491,495	$24M	added+14%	+0.06 pp	6 q
ENICEnel Chile S.A.	0.35%	4,938,099	$23M	added+69%	+0.09 pp	2 q
JPMJPMorgan Chase & Co.	0.32%	321,119	$21M	trimmed−1%	+0.01 pp	10 q
AGROAdecoagro S.a.	0.32%	1,872,096	$21M	added0%	+0.01 pp	10 q
BBTTruist Financial Corporation	0.28%	496,044	$19M	trimmed−5%	0.00 pp	10 q
UPBDUpbound Group, Inc.	0.28%	1,467,550	$19M	added+2%	+0.01 pp	10 q
AVTAvnet, Inc.	0.27%	439,176	$18M	added+8%	+0.02 pp	8 q
IVCInvacare Corporation	0.24%	1,436,472	$16M	added+51%	+0.06 pp	8 q
VARVarian Medical Systems, Inc.	0.23%	156,511	$16M	trimmed−7%	+0.02 pp	10 q
VTYVerint Systems Inc	0.23%	415,841	$16M	added+5%	+0.03 pp	10 q
BZHBeazer Homes USA, Inc. New	0.22%	1,267,065	$15M	trimmed−0%	+0.07 pp	10 q
JNJJohnson & Johnson	0.22%	126,627	$15M	trimmed−5%	−0.03 pp	5 q
DOXAmdocs Limited	0.21%	242,127	$14M	trimmed−2%	−0.01 pp	10 q
CYDChina Yuchai International Ltd.	0.21%	1,308,400	$14M	trimmed−1%	−0.01 pp	10 q
unresolvedIngram Micro Inc	0.19%	350,238	$12M	trimmed−1%	0.00 pp	10 q
ORCLOracle Corp	0.19%	322,538	$13M	trimmed−7%	−0.03 pp	10 q
CHKChesapeake Energy Corp	0.18%	1,910,179	$12M	trimmed−0%	+0.05 pp	10 q
DGXQuest Diagnostics Inc.	0.18%	141,534	$12M	trimmed−4%	0.00 pp	8 q
CSCOCisco Systems, Inc. (DE)	0.17%	357,379	$11M	trimmed−4%	+0.01 pp	10 q
unresolvedNortel Inversora S A	0.17%	398,083	$11M	added0%	−0.03 pp	10 q
FITBFifth Third Bancorp	0.16%	522,051	$11M	trimmed−2%	+0.02 pp	10 q
MCKMcKesson Corporation	0.14%	55,134	$9M	added+40%	+0.03 pp	3 q
AANAaron's Inc	0.13%	353,718	$9M	trimmed−1%	+0.01 pp	4 q
WMTWalmart Inc.	0.12%	111,890	$8M	trimmed−5%	−0.01 pp	6 q
RFRegions Financial Corp.	0.11%	739,679	$7M	trimmed−6%	+0.01 pp	10 q
unresolvedTwenty First Centy Fox Inc	0.11%	294,100	$7M	added+57%	+0.03 pp	2 q
FLEXFlex Ltd.	0.11%	529,924	$7M	trimmed−24%	−0.02 pp	10 q
FCNFTI Consulting, Inc.	0.10%	148,536	$7M	added+1%	+0.01 pp	5 q
LLoews Corporation	0.10%	163,310	$7M	trimmed−7%	−0.01 pp	6 q
ORIOld Republic International Corporation	0.10%	366,789	$6M	trimmed−7%	−0.02 pp	10 q
PGProcter & Gamble Company	0.10%	73,340	$7M	trimmed−55%	−0.11 pp	10 q
CTSHCognizant Technology Solutions	0.08%	115,585	$6M	new	+0.08 pp	new
CFGCitizens Financial Group, Inc.	0.07%	192,537	$5M	added+1%	+0.01 pp	8 q
KBKB Financial Group Inc	0.07%	142,800	$5M	trimmed−1%	+0.01 pp	10 q
OSBCADNorbord Inc	0.06%	144,129	$4M	trimmed−1%	+0.02 pp	3 q
unresolvedCencosud S A	0.05%	378,531	$3M	trimmed−2%	0.00 pp	7 q
DEODiageo plc	0.05%	26,047	$3M	trimmed−4%	0.00 pp	10 q
BWBabcock & Wilcox Enterprises, Inc.	0.04%	160,393	$3M	added+63%	+0.02 pp	5 q
BBDBanco Bradesco S.A.	0.04%	327,415	$3M	added0%	0.00 pp	5 q
NWLINational Western Life Group, Inc. Class A	0.04%	11,811	$2M	added+17%	+0.01 pp	4 q
PC6APetrochina Co Ltd -adr	0.04%	40,137	$3M	added+3%	0.00 pp	10 q
RGPResources Connection	0.04%	175,206	$3M	added+29%	+0.01 pp	9 q
AGCOAGCO Corporation	0.03%	34,241	$2M	trimmed−0%	+0.01 pp	8 q
unresolvedSunTrust Banks Inc	0.03%	45,421	$2M	added0%	0.00 pp	10 q
WGOWinnebago Industries, Inc.	0.03%	76,539	$2M	trimmed−1%	0.00 pp	7 q
ARWArrow Electronics, Inc.	0.02%	18,878	$1M	trimmed−0%	0.00 pp	3 q
CRAICRA International, Inc.	0.02%	62,143	$2M	trimmed−45%	−0.02 pp	5 q
unresolvedCharter Finl Corp MD	0.02%	82,527	$1M	trimmed−63%	−0.03 pp	10 q
HBCPHome Bancorp, Inc.	0.02%	39,491	$1M	trimmed−2%	0.00 pp	10 q
HWCCHouston Wire & Cable Co	0.02%	248,081	$2M	added+9%	0.00 pp	10 q
ISCAInternational Speedway Corp	0.02%	43,721	$1M	added+54%	+0.01 pp	10 q
ISBCInvestors Bancorp, Inc.	0.02%	129,994	$2M	added+10%	0.00 pp	10 q
OCFCOceanFirst Financial Corp	0.02%	66,722	$1M	trimmed−4%	0.00 pp	5 q
ORNOrion Group Holdings, Inc	0.02%	242,960	$2M	trimmed−0%	0.00 pp	10 q
TRKSpeedway Motorsports LLC	0.02%	90,581	$2M	added+37%	0.00 pp	5 q
STRLSterling Infrastructure, Inc.	0.02%	175,489	$1M	trimmed−1%	+0.01 pp	10 q
unresolvedTwenty First Centy Fox Inc	0.02%	37,183	$1M	new	+0.02 pp	new
ACNBACNB Corp	0.01%	19,075	$507,000	held	—	4 q
ALEXAlexander & Baldwin, Inc.	0.01%	24,073	$924,000	trimmed−0%	0.00 pp	10 q
AVPAvon Products, Inc.	0.01%	150,583	$852,000	trimmed−2%	0.00 pp	10 q
BBVABanco Bilbao Vizcaya Argentaria, S.A.	0.01%	84,828	$506,000	added+11%	0.00 pp	2 q
unresolvedCliffs Nat Res Inc	0.01%	58,500	$342,000	held	—	3 q
CLDCloud Peak Energy Inc	0.01%	69,288	$377,000	trimmed−1%	+0.01 pp	2 q
BVNCompania de Minas Buenaventura S.A.	0.01%	28,000	$388,000	held	—	2 q
unresolvedFirst Conn Bancorp Inc MD	0.01%	54,663	$973,000	trimmed−1%	0.00 pp	10 q
96666EURGold Resource Corp	0.01%	54,764	$406,000	trimmed−20%	+0.01 pp	5 q
EEMiShares MSCI Emerging Markets ETF	0.01%	16,550	$620,000	new	+0.01 pp	new
ACWIiShares MSCI ACWI ETF	0.01%	7,008	$414,000	new	+0.01 pp	new
MLRMiller Industries, Inc.	0.01%	29,271	$667,000	trimmed−1%	0.00 pp	6 q
unresolvedOcean Shore Hldg Co New	0.01%	31,170	$706,000	trimmed−43%	0.00 pp	10 q
PMPhilip Morris International Inc.	0.01%	4,508	$438,000	trimmed−6%	0.00 pp	10 q
unresolvedQlt Inc	0.01%	323,953	$667,000	added+9%	0.00 pp	6 q
SPSP Plus Corporation	0.01%	16,520	$422,000	held	—	6 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.01%	28,870	$883,000	trimmed−0%	0.00 pp	5 q
TBNKTerritorial Bancorp Inc.	0.01%	26,024	$746,000	trimmed−68%	−0.02 pp	10 q
BLDTopBuild Corp.	0.01%	26,418	$877,000	trimmed−26%	−0.01 pp	4 q
UBNKUnited Financial Bancorp, Inc.	0.01%	46,446	$642,000	trimmed−1%	0.00 pp	10 q
ARCARC Document Solutions, Inc.	0.00%	17,157	$64,000	new	0.00 pp	new
ACTGAcacia Research Corporation	0.00%	26,200	$171,000	held	—	2 q
ALSKAlaska Communications Systems	0.00%	37,146	$64,000	added+5%	0.00 pp	7 q
AROCArchrock Inc	0.00%	13,900	$182,000	new	0.00 pp	new
AWREAware Inc	0.00%	16,322	$87,000	new	0.00 pp	new
unresolvedBridgepoint Ed Inc	0.00%	10,336	$71,000	new	0.00 pp	new
CFFNCapitol Federal Financial, Inc.	0.00%	16,123	$227,000	held	—	10 q
unresolvedChina New Borun Corp	0.00%	20,912	$31,000	trimmed−59%	0.00 pp	3 q
unresolvedCiber Inc	0.00%	53,532	$62,000	new	0.00 pp	new
CTGComputer Task Group, Inc.	0.00%	13,501	$63,000	trimmed−20%	0.00 pp	3 q
DNRDenbury Resources, Inc.	0.00%	15,000	$48,000	new	0.00 pp	new
unresolvedEldorado Gold (C$)	0.00%	30,000	$118,000	new	0.00 pp	new
ERFEnerplus Corporation	0.00%	43,700	$280,000	held	—	2 q
FBPFirst BanCorp.	0.00%	12,618	$66,000	trimmed−30%	0.00 pp	3 q
unresolvedGafisa S A	0.00%	22,000	$34,000	new	0.00 pp	new
GEOSGeospace Technologies Corporation	0.00%	15,547	$303,000	trimmed−6%	0.00 pp	2 q
GTEGran Tierra Energy Inc.	0.00%	62,160	$187,000	held	—	4 q
HNRGHallador Energy Company	0.00%	12,148	$96,000	added+3%	0.00 pp	2 q
unresolvedHarte-hanks Inc.	0.00%	38,490	$62,000	new	0.00 pp	new
unresolvedHarvest Natural Resources In	0.00%	100,000	$81,000	new	0.00 pp	new
unresolvedHovnanian Enterprises Inc	0.00%	40,536	$69,000	trimmed−32%	0.00 pp	5 q
unresolvedIconix Brand Group Inc	0.00%	10,662	$87,000	new	0.00 pp	new
KROKronos Worldwide, Inc.	0.00%	21,900	$182,000	new	0.00 pp	new
unresolvedLayne Christensen Co	0.00%	28,000	$238,000	held	—	3 q
MGICMagic Software Enterprises Ltd	0.00%	10,506	$75,000	trimmed−24%	0.00 pp	2 q
MROMarathon Oil Corporation	0.00%	12,100	$191,000	new	0.00 pp	new
unresolvedMcDermott Int'l Inc.	0.00%	20,000	$100,000	trimmed−26%	0.00 pp	2 q
unresolvedMonster Worldwide Inc	0.00%	26,763	$97,000	new	0.00 pp	new
unresolvedNatuzzi S P A	0.00%	27,935	$49,000	trimmed−30%	0.00 pp	10 q
NGDNew Gold Inc.	0.00%	50,600	$220,000	held	—	2 q
NEMNewmont Corporation	0.00%	6,800	$267,000	held	—	2 q
NWFLNorwood Financial Corp	0.00%	10,427	$303,000	held	—	3 q
unresolvedNova Lifestyle Inc	0.00%	25,000	$91,000	new	0.00 pp	new
unresolvedPain Therapeutics Inc	0.00%	53,200	$53,000	trimmed−32%	0.00 pp	5 q
PGFPengrowth Energy Corp	0.00%	153,000	$243,000	held	—	2 q
unresolvedPenn West Petroleum Ltd	0.00%	40,000	$72,000	new	0.00 pp	new
unresolvedRadio One Inc	0.00%	22,280	$68,000	new	0.00 pp	new
unresolvedRepros Therapeutics Inc	0.00%	18,000	$38,000	new	0.00 pp	new
SS1ARadius Recycling Inc	0.00%	9,805	$205,000	new	0.00 pp	new
unresolvedSummer Infant Inc	0.00%	17,700	$38,000	new	0.00 pp	new
SYMCGen Digital Inc.	0.00%	10,100	$254,000	new	0.00 pp	new
unresolvedTrc Cos Inc	0.00%	10,651	$92,000	trimmed−25%	0.00 pp	2 q
unresolvedThreshold Pharmaceutical Inc	0.00%	140,000	$95,000	new	0.00 pp	new
TGLLTransglobe Energy Corp	0.00%	16,100	$32,000	held	—	2 q
VOXXVOXX International Corporation Class A	0.00%	22,598	$68,000	added+5%	0.00 pp	3 q
SG5Troops Inc	0.00%	22,252	$71,000	held	—	3 q
CRNTCeragon Networks Ltd	0.00%	53,600	$126,000	new	0.00 pp	new
unresolvedMagicjack Vocaltec Ltd	0.00%	11,458	$70,000	trimmed−20%	0.00 pp	2 q
unresolvedPerion Network Ltd	0.00%	62,283	$75,000	new	0.00 pp	new
OTIVOn Track Innovations Ltd	0.00%	30,000	$31,000	trimmed−25%	0.00 pp	3 q
ANWAegean Marine Petroleum Netw	0.00%	11,358	$114,000	new	0.00 pp	new
SQMSociedad Quimica y Minera de Chile SA	—	−1,779,140	—	exited	−0.67 pp	—
ITRIItron Inc	—	−315,820	—	exited	−0.21 pp	—
unresolvedE M C Corp Mass	—	−244,973	—	exited	−0.10 pp	—
BAXBaxter International Inc.	—	−75,584	—	exited	−0.05 pp	—
CALYCallaway Golf Company	—	−53,178	—	exited	−0.01 pp	—
PAHCPhibro Animal Health Corporation Class A	—	−42,718	—	exited	−0.01 pp	—
unresolvedXura Inc	—	−36,086	—	exited	−0.01 pp	—
AREXQApproach Resources Inc	—	−68,337	—	exited	0.00 pp	—
unresolvedAralez Pharmaceuticals Inc	—	−15,473	—	exited	0.00 pp	—
BBDOBanco Bradesco S.A.	—	−30,314	—	exited	0.00 pp	—
unresolvedBiolase Inc	—	−23,093	—	exited	0.00 pp	—
unresolvedBravo Brio Restaurant Group	—	−12,723	—	exited	0.00 pp	—
unresolvedC D I Corp	—	−10,817	—	exited	0.00 pp	—
SBSCompanhia De Saneamento B Sico Do Estado De Sao Paulo-sabesp	—	−13,112	—	exited	0.00 pp	—
CRD.BCrawford & Company Class B	—	−13,710	—	exited	0.00 pp	—
EXKEndeavour Silver Corp.	—	−23,849	—	exited	0.00 pp	—
EZPWEzcorp Inc	—	−15,150	—	exited	0.00 pp	—
unresolvedFemale Health Co	—	−14,331	—	exited	0.00 pp	—
HMYHarmony Gold Mining Company Limited	—	−56,300	—	exited	0.00 pp	—
HESHess Corporation	—	−3,456	—	exited	0.00 pp	—
unresolvedHigher One Hldgs Inc	—	−46,021	—	exited	0.00 pp	—
ESINQItt Educational Svcs Inc	—	−44,503	—	exited	0.00 pp	—
LQDTLiquidity Services, Inc.	—	−15,374	—	exited	0.00 pp	—
NOGNorthern Oil and Gas, Inc.	—	−16,083	—	exited	0.00 pp	—
SKMSK Telecom Co., Ltd.	—	−14,743	—	exited	0.00 pp	—
unresolvedSilicon Graphics Intl Corp	—	−12,400	—	exited	0.00 pp	—
TZOOTravelzoo	—	−11,308	—	exited	0.00 pp	—
UNXLUni-Pixel, Inc.	—	−110,600	—	exited	0.00 pp	—
VALEVale S.a.	—	−48,700	—	exited	0.00 pp	—
ZAGGZAGG Inc (Delaware)	—	−12,193	—	exited	0.00 pp	—
unresolvedDryships Inc	—	−31,634	—	exited	0.00 pp	—