CIK 1754001
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2022-Q3. 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 |
|---|---|---|
| Commercial Services & Supplies | 93.47% | 1 |
| Metals & Mining | 2.49% | 2 |
| Aerospace & Defense | 1.21% | 1 |
| Airlines | 0.92% | 1 |
| Banks | 0.84% | 2 |
| Unclassified | 0.57% | 1 |
| Media & Entertainment | 0.50% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | MELI | MERCADOLIBRE INC | Industrials | 93.47% |
| 2 | VALE | Vale S.A. | Materials | 1.87% |
| 3 | EMBJ | EMBRAER S.A. | Industrials | 1.21% |
| 4 | VLRS | Controladora Vuela Compania de Aviacion, S.A.B. de C.V. | Industrials | 0.92% |
| 5 | GGB | GERDAU S.A. | Materials | 0.61% |
| 6 | DESPEGAR COM CORP | Unclassified | 0.57% | |
| 7 | ITUB | Itau Unibanco Holding S.A. | Financials | 0.52% |
| 8 | TV | GRUPO TELEVISA, S.A.B. | Communication Services | 0.50% |
| 9 | BBD | BANK BRADESCO | Financials | 0.32% |
8/9 names classified · sector 99.4% of weight · industry 99.4% · mkt cap 93.5%; 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: 99.4% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 93.5% of book weight (1/9 names) · unclassified 6.5%: VALE, EMBJ, VLRS, GGB, , ITUB, TV, BBD. 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 | MELIMERCADOLIBRE INC | 3,700 | $846M | 93.5% | ADD 6% |
| 2 | VALEVALE S A | 370,000 | $17M | 1.9% | ADD 6% |
| 3 | EMBJEMBRAER S.A. | 466,400 | $11M | 1.2% | NEW |
| 4 | VLRSCONTROLADORA VUELA COMP DE A | 1,130,384 | $8M | 0.9% | TRIM −24% |
| 5 | GGBGERDAU SA | 1,426,000 | $6M | 0.6% | NEW |
| 6 | DESPEGAR COM CORP | 2,365,543 | $5M | 0.6% | TRIM −9% |
| 7 | ITUBITAU UNIBANCO HLDG S A | 798,000 | $5M | 0.5% | TRIM −74% |
| 8 | TVGRUPO TELEVISA SA | 1,052,601 | $5M | 0.5% | NEW |
| 9 | BBDBANCO BRADESCO S A | 3,043,000 | $3M | 0.3% | ADD 383% |
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