CIK 1353968
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2014-Q1. 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 |
|---|---|---|
| Unclassified | 36.02% | 3 |
| Utilities | 28.25% | 1 |
| Oil, Gas & Consumable Fuels | 14.85% | 3 |
| Software & IT Services | 8.06% | 1 |
| Software | 6.95% | 1 |
| Diversified Telecommunication Services | 5.06% | 1 |
| Beverages | 0.44% | 1 |
| Banks | 0.36% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SBS | COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP | Utilities | 28.25% |
| 2 | RIG | Transocean Ltd. | Energy | 14.37% |
| 3 | Vaneck Vectors Gold Miners ETF | Unclassified | 14.31% | |
| 4 | GLD | SPDR GOLD TR | Unclassified | 13.62% |
| 5 | PBR.A | PETROLEO BRASILEIRO SA PETRO | Unclassified | 8.09% |
| 6 | BIDU | Baidu, Inc. | Information Technology | 8.06% |
| 7 | NICE | NICE Ltd. | Information Technology | 6.95% |
| 8 | KT | KT CORP | Communication Services | 5.06% |
| 9 | TAP | MOLSON COORS BEVERAGE CO | Consumer Staples | 0.44% |
| 10 | KB | Kb Financial Group Inc. | Financials | 0.36% |
9/12 names classified · sector 64.0% of weight · industry 64.0% · mkt cap 14.8%; 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: 64.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.4% of book weight (1/12 names) · unclassified 99.6%: SBS, RIG, , GLD, PBR.A, BIDU, NICE, KT, KB, SSL +1 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 | SBSCOMPANHIA DE SANEAMENTO BASI | 2,704,327 | $29M | 28.3% | ADD 200% |
| 2 | RIGTRANSOCEAN LTD | 334,454 | $15M | 14.4% | ADD 144% |
| 3 | Vaneck Vectors Gold Miners ETF | 571,130 | $15M | 14.3% | TRIM −5% |
| 4 | GLDSPDR GOLD TR | 111,470 | $14M | 13.6% | TRIM −5% |
| 5 | PBR.APETROLEO BRASILEIRO SA PETRO | 536,090 | $8M | 8.1% | NEW |
| 6 | BIDUBAIDU INC | 45,152 | $8M | 8.1% | TRIM −9% |
| 7 | NICENICE LTD | 177,086 | $7M | 7.0% | TRIM −8% |
| 8 | KTKT CORP | 350,243 | $5M | 5.1% | TRIM −7% |
| 9 | TAPMOLSON COORS BEVERAGE CO | 6,160 | $458,000 | 0.4% | TRIM −81% |
| 10 | KBKB FINL GROUP INC | 10,795 | $377,000 | 0.4% | TRIM −42% |
| 11 | SSLSASOL LTD | 4,470 | $265,000 | 0.3% | HOLD |
| 12 | PBRPETROLEO BRASILEIRO S A | 16,285 | $238,000 | 0.2% | HOLD |
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