CIK 1351841
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2016-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Banks | 30.18% | 5 |
| Unclassified | 17.32% | 10 |
| Utilities | 13.31% | 4 |
| Commercial Services & Supplies | 11.15% | 2 |
| Software & IT Services | 7.18% | 2 |
| Beverages | 6.71% | 2 |
| Oil, Gas & Consumable Fuels | 4.36% | 1 |
| Specialty Retail | 3.96% | 1 |
| Diversified Telecommunication Services | 2.24% | 1 |
| Diversified Consumer Services | 2.22% | 1 |
| Pharmaceuticals & Biotechnology | 1.07% | 8 |
| Health Care Equipment & Supplies | 0.17% | 1 |
| Metals & Mining | 0.14% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ITUB | Itau Unibanco Holding S.A. | Financials | 14.52% |
| 2 | BABA | Alibaba Group Holding Ltd | Industrials | 10.05% |
| 3 | BBD | BANK BRADESCO | Financials | 7.56% |
| 4 | Petrobras Argentina SA Sponsored ADR Class B | Unclassified | 5.99% | |
| 5 | BIDU | Baidu, Inc. | Information Technology | 5.79% |
| 6 | EDN | EDENOR | Utilities | 5.09% |
| 7 | BRF SA | Unclassified | 4.78% | |
| 8 | PAM | Pampa Energy Inc. | Utilities | 4.38% |
| 9 | YPF | YPF SOCIEDAD ANONIMA | Energy | 4.36% |
| 10 | VIPS | Vipshop Holdings Ltd | Consumer Discretionary | 3.96% |
29/39 names classified · sector 82.7% of weight · industry 82.7% · mkt cap 3.7%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 82.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 4% of book weight classified — the grid is NOT representative of the whole book.
Classified: 3.6% of book weight (10/31 names) · unclassified 96.4%: , ITUB, BABA, BBD, BIDU, EDN, PAM, YPF, VIPS, TGS +11 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | ITUBITAU UNIBANCO HLDG S A | 2,556,015 | $31M | 14.5% | TRIM −7% |
| 2 | BABAALIBABA GROUP HLDG LTD | 197,781 | $21M | 10.1% | ADD 12% |
| 3 | BBDBANCO BRADESCO S A | 1,562,625 | $16M | 7.6% | HOLD |
| 4 | Petrobras Argentina SA Sponsored ADR Class B | 1,152,464 | $13M | 6.0% | ADD 156% |
| 5 | BIDUBAIDU INC | 71,192 | $12M | 5.8% | TRIM −4% |
| 6 | EDNEMPRESA DIST Y COMERCIAL NOR | 312,284 | $11M | 5.1% | ADD 11% |
| 7 | BRF SA | 828,875 | $10M | 4.8% | ADD 6901% |
| 8 | PAMPAMPA ENERGIA S A | 171,326 | $9M | 4.4% | ADD 49% |
| 9 | YPFYPF SOCIEDAD ANONIMA | 383,048 | $9M | 4.4% | NEW |
| 10 | VIPSVIPSHOP HLDGS LTD | 630,835 | $8M | 4.0% | ADD 19% |
| 11 | TGSTRANSPORTADORA DE GAS SUR | 554,614 | $8M | 3.7% | TRIM −7% |
| 12 | LUXOFT HLDG INC | 122,223 | $8M | 3.6% | TRIM −11% |
| 13 | FMXFOMENTO ECONOMICO MEXICANO S | 84,727 | $8M | 3.5% | TRIM −6% |
| 14 | BAPCREDICORP LTD | 43,716 | $7M | 3.4% | TRIM −6% |
| 15 | ABEVAMBEV SA | 1,172,968 | $7M | 3.2% | TRIM −31% |
| 16 | BMABANCO MACRO SA | 68,106 | $6M | 2.8% | ADD 53% |
| 17 | PBR.APETROLEO BRASILEIRO SA PETRO | 570,890 | $5M | 2.5% | TRIM −9% |
| 18 | TEOTELECOM ARGENTINA SA | 215,103 | $5M | 2.2% | ADD 34% |
| 19 | TALTAL EDUCATION GROUP | 44,271 | $5M | 2.2% | TRIM −24% |
| 20 | SUPVGRUPO SUPERVIELLE S.A. | 246,148 | $4M | 2.0% | ADD 50% |
| 21 | EPAMEPAM SYS INC | 39,021 | $3M | 1.4% | ADD 155% |
| 22 | MELIMERCADOLIBRE INC | 11,074 | $2M | 1.1% | TRIM −41% |
| 23 | GILDGILEAD SCIENCES INC | 6,472 | $441,000 | 0.2% | HOLD |
| 24 | PENPENUMBRA INC | 4,230 | $355,000 | 0.2% | HOLD |
| 25 | MRKMERCK & CO INC | 5,412 | $344,000 | 0.2% | HOLD |
| 26 | PFEPFIZER INC | 8,466 | $290,000 | 0.1% | HOLD |
| 27 | VALEVALE S A | 30,105 | $288,000 | 0.1% | ADD 44% |
| 28 | AMGNAMGEN INC | 1,633 | $268,000 | 0.1% | HOLD |
| 29 | LLYELI LILLY & CO | 3,135 | $264,000 | 0.1% | HOLD |
| 30 | UGPULTRAPAR PARTICIPACOES S A | 11,456 | $261,000 | 0.1% | TRIM −5% |
| 31 | CELGENE CORP | 2,026 | $252,000 | 0.1% | HOLD |
| 32 | NBIXNEUROCRINE BIOSCIENCES INC | 5,584 | $242,000 | 0.1% | HOLD |
| 33 | BMYBRISTOL-MYERS SQUIBB CO | 4,347 | $237,000 | 0.1% | HOLD |
| 34 | ARWRARROWHEAD PHARMACEUTICALS IN | 102,815 | $193,000 | 0.1% | HOLD |
| 35 | SYNERGY PHARMACEUTICALS DEL COM NEW | 40,628 | $190,000 | 0.1% | NEW |
| 36 | AKORN INC | 7,763 | $187,000 | 0.1% | HOLD |
| 37 | LANNET INC | 6,323 | $142,000 | 0.1% | HOLD |
| 38 | Amarin Corp PLC | 37,880 | $121,000 | 0.1% | HOLD |
| 39 | TELEFONICA BRASIL SA FSPONSORED ADR 1 ADR REPS 2 ORD SHS | 7,142 | $106,000 | 0.0% | TRIM −8% |
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