CIK 1522955
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2016-Q2. 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 | 55.56% | 4 |
| Unclassified | 44.44% | 3 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ITUB | Itau Unibanco Holding S.A. | Financials | 23.30% |
| 2 | VANECK ETF TR RUSSIA ETF | Unclassified | 22.96% | |
| 3 | BAP | Credicorp Ltd | Financials | 17.74% |
| 4 | EPU | ISHARES TR | Unclassified | 15.48% |
| 5 | BMA | Macro Bank Inc. | Financials | 10.84% |
| 6 | AGRO | ADECOAGRO S A | Unclassified | 6.00% |
| 7 | GGAL | GRUPO FINANCIERO GALICIA SA | Financials | 3.68% |
4/7 names classified · sector 55.6% of weight · industry 55.6% · mkt cap 0.0%; 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: 55.6% 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: 0.0% of book weight (0/7 names) · unclassified 100.0%: ITUB, , BAP, EPU, BMA, AGRO, GGAL. 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 | 182,750 | $2M | 23.3% | NEW |
| 2 | VANECK ETF TR RUSSIA ETF | 105,000 | $2M | 23.0% | NEW |
| 3 | BAPCREDICORP LTD | 10,000 | $2M | 17.7% | HOLD |
| 4 | EPUISHARES TR | 40,000 | $1M | 15.5% | HOLD |
| 5 | BMABANCO MACRO SA | 11,881 | $930,000 | 10.8% | TRIM −50% |
| 6 | AGROADECOAGRO S A | 45,094 | $515,000 | 6.0% | TRIM −50% |
| 7 | GGALGRUPO FINANCIERO GALICIA S.A | 10,172 | $316,000 | 3.7% | TRIM −50% |
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