| Quarter | Holdings | Value, Excl. Options ($000) | Top Holdings | Form Type | Date Filed | Filing ID |
|---|---|---|---|---|---|---|
| Q2 2026 | 88 | 897,970 | XP, LTM, TGS, PAM | RESTATEMENT | 8/19/2026 | 000158917626000004 |
| Q1 2026 | 82 | 1,200,231 | PBR-A, XLP, STNE, VALE | 13F-HR | 5/6/2026 | 000158917626000002 |
| Q4 2025 | 73 | 977,023 | STNE, KWEB, XP, PBR | 13F-HR | 2/13/2026 | 000158917626000001 |
| Q3 2025 | 167 | 1,193,266 | VALE, PBR, EEM, EWZ | 13F-HR | 11/12/2025 | 000158917625000006 |
| Q2 2025 | 117 | 1,067,924 | IJR, VST, PBR, TLN | 13F-HR | 8/12/2025 | 000158917625000004 |
| Q1 2025 | 107 | 773,384 | VALE, IJR, MDY, CPA | 13F-HR | 5/14/2025 | 000158917625000003 |
| Q4 2024 | 95 | 662,640 | MDY, IJR, CPA, VINP | 13F-HR | 2/7/2025 | 000158917625000001 |
| Q3 2024 | 71 | 749,555 | RSP, EEM, VALE, PAGS | 13F-HR | 12/12/2024 | 000158917624000011 |
| Q2 2024 | 80 | 659,688 | VALE, CPA, VINP, XOP | 13F-HR | 8/26/2024 | 000158917624000007 |
| Q1 2024 | 86 | 1,142,839 | VALE, LQD, PBR, XLV | 13F-HR | 8/23/2024 | 000158917624000006 |
| Q4 2023 | 71 | 1,291,075 | IGSB, VALE, PBR, EWJ | RESTATEMENT | 8/26/2024 | 000158917624000008 |
| Q3 2023 | 102 | 1,886,477 | LQD, IGSB, PBR, FXI | 13F-HR | 11/13/2023 | 000158917623000012 |
| Q2 2023 | 108 | 2,100,722 | IGSB, LQD, HYG, SPY | 13F-HR | 8/8/2023 | 000158917623000010 |
| Q1 2023 | 58 | 1,494,104 | IGSB, XLE, XLP, XLV | 13F-HR | 4/25/2023 | 000158917623000006 |
| Q4 2022 | 81 | 893,211 | IGSB, GDX, FXI, SHEL | 13F-HR | 2/8/2023 | 000158917623000002 |
| Q3 2022 | 99 | 994,888 | XLE, XLV, RIO, PUT - SPY 100 @ 350 EXP 10/21/2022 puts | 13F-HR | 11/1/2022 | 000158917622000015 |
| Q2 2022 | 72 | 692,808 | FXI, XLE, SHEL, EMBJ | 13F-HR | 8/11/2022 | 000158917622000012 |
| Q1 2022 | 79 | 1,546,566 | SPY, ASHR, EMB, EWZ | 13F-HR | 5/11/2022 | 000158917622000009 |
| Q4 2021 | 56 | 499,926 | EMBJ, EMB, ITUB, XLE | 13F-HR | 1/31/2022 | 000158917622000001 |
| Q3 2021 | 38 | 504,469 | EMBJ, EMB, EWZ, XLE | 13F-HR | 10/25/2021 | 000158917621000014 |
| Q2 2021 | 43 | 802,614 | XLF, XLU, MELI, EWW | 13F-HR | 8/5/2021 | 000158917621000013 |
| Q1 2021 | 111 | 536,130 | EWZ, XLE, LPLA, XRT | 13F-HR | 5/4/2021 | 000158917621000012 |
| Q4 2020 | 113 | 873,788 | EEM, XLI, XLF, XLE | 13F-HR | 2/3/2021 | 000158917621000006 |
| Q3 2020 | 122 | 817,097 | TMUS, XLY, SONY, OPTU | 13F-HR | 10/29/2020 | 000158917620000009 |
| Q2 2020 | 45 | 589,066 | CCI, SONY, TMUS, EQIX | 13F-HR | 8/5/2020 | 000158917620000005 |
| Q1 2020 | 39 | 557,194 | MSFT, NTCOY, MCHI, RIO | 13F-HR | 4/28/2020 | 000158917620000004 |
| Q4 2019 | 36 | 642,876 | EEM, TMUS, LOW, ARMK | 13F-HR | 1/28/2020 | 000158917620000003 |
| Q3 2019 | 32 | 588,349 | VALE, ARMK, TMUS, EWZ | 13F-HR | 10/16/2019 | 000158917619000006 |
| Q2 2019 | 36 | 656,688 | VALE, EEM, EWY, ARMK | 13F-HR | 7/10/2019 | 000158917619000005 |
| Q1 2019 | 37 | 292,413 | RDSA, ARMK, PBR-A, EBAY | 13F-HR | 4/9/2019 | 000158917619000004 |
| Q4 2018 | 40 | 355,404 | ARMK, BBD, EBAY, SPY | 13F-HR | 1/23/2019 | 000158917619000003 |
| Q3 2018 | 45 | 258,628,776 | EBAY, PBR, GAP, CFG | 13F-HR | 11/7/2018 | 000158917618000003 |
| Q3 2018 | 32 | 254,759 | EBAY, PBR, GAP, CFG | NEW HOLDINGS | 11/7/2018 | 000158917618000006 |
| Q3 2018 | 17 | 139,420 | BAC, EBAY, VALE, FBR | NEW HOLDINGS | 11/7/2018 | 000158917618000005 |
| Q2 2018 | 46 | 146,640,513 | BAC, EBAY, VALE, FBR | 13F-HR | 11/7/2018 | 000158917618000004 |
| Q2 2018 | 17 | 139,420 | BAC, EBAY, VALE, FBR | NEW HOLDINGS | 11/7/2018 | 000158917618000007 |
| Q1 2018 | 26 | 184,928 | PEP, VALE, LOMA, FBR | 13F-HR | 11/9/2018 | 000158917618000015 |
| Q4 2017 | 33 | 268,129 | XOM, TGS, LOMA, VALE | 13F-HR | 11/8/2018 | 000158917618000009 |
| Q3 2017 | 22 | 392,058 | SPY, VALE, TGS, JPM | 13F-HR | 11/9/2018 | 000158917618000010 |
| Q2 2017 | 14 | 233,798 | SPY, TGS, PBR-A, CZZ | 13F-HR | 11/9/2018 | 000158917618000011 |
| Q1 2017 | 11 | 120,282 | TGS, PBR-A, EDN, CZZ | NEW HOLDINGS | 11/9/2018 | 000158917618000014 |
| Q1 2017 | 26 | 184,928 | PEP, VALE, LOMA, FBR | 13F-HR | 11/8/2018 | 000158917618000008 |
| Q4 2016 | 15 | 200,812 | TGS, PAM, EDN, ITCLY | 13F-HR | 11/9/2018 | 000158917618000013 |
| Q3 2016 | 22 | 186,321 | PZE, TGS, CZZ, ITCLY | 13F-HR | 11/16/2018 | 000158917618000016 |
| Q2 2016 | 21 | 193,461 | PZE, YPF, TGS, PAM | 13F-HR | 11/16/2018 | 000158917618000017 |
| Q1 2016 | 18 | 146,976 | YPF, PZE, TGS, PAM | 13F-HR | 11/16/2018 | 000158917618000018 |
| Q4 2015 | 21 | 145,597 | YPF, XLY, PZE, TGS | 13F-HR | 11/16/2018 | 000158917618000019 |
| Q3 2015 | 17 | 83,485 | TGS, PAM, IP, ASR | 13F-HR | 11/16/2018 | 000158917618000020 |
| Q2 2015 | 33 | 340,451 | EWY, EEM, KO, XLY | 13F-HR | 11/16/2018 | 000158917618000021 |
| Q1 2015 | 22 | 186,760 | YPF, KO, ITUB, BAC | 13F-HR | 11/16/2018 | 000158917618000022 |
| Q4 2014 | 33 | 292,226 | AAXJ, PBR-A, CZZ, CX | 13F-HR | 11/19/2018 | 000158917618000027 |
| Q3 2014 | 29 | 180,353 | CZZ, CX, PBR-A, BBD | 13F-HR | 11/16/2018 | 000158917618000023 |
| Q2 2014 | 34 | 294,757 | XLI, CZZ, EEM, ITUB | 13F-HR | 11/16/2018 | 000158917618000024 |
| Q1 2014 | 57 | 302,988 | CZZ, ITUB, XLI, JPM | 13F-HR | 11/16/2018 | 000158917618000025 |
| Q4 2013 | 35 | 232,324 | CZZ, XLI, XLF, JPM | 13F-HR | 11/16/2018 | 000158917618000026 |
| Q3 2013 | 62 | 319,339 | CZZ, XLI, XLF, EFA | 13F-HR | 11/19/2018 | 000158917618000030 |
| Q2 2013 | 52 | 218,605 | CZZ, XLF, FDX, SDRL | 13F-HR | 11/19/2018 | 000158917618000028 |
| Q1 2013 | 32 | 212,173 | CZZ, XLF, BTI, XLB | 13F-HR | 11/19/2018 | 000158917618000029 |
| Q4 2012 | 25 | 133,731 | RIO, CZZ, ITUB, XLI | 13F-HR | 11/19/2018 | 000158917618000031 |