BW Gestao de Investimentos Ltda. Quant / Systematic

CIK: 0001568280 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 12, 2020

Total Value ($000): $318,885 (100.0% shares, 0.0% debt)

Holdings (28)

HYG ISHARES IBOXX HIGH YLD CORP 24.0%

Value ($000) $76,685 Shares 995,000 Est. Cost $77.07 Unrealized —

ICVT ISHARES CONVERTIBLE BOND ETF 14.5%

Value ($000) $46,206 Shares 850,000 Est. Cost $54.60 Unrealized —

VALE VALE SA-SP ADR 8.0%

Value ($000) $25,616 Shares 3,090,000 Est. Cost $8.29 Unrealized —

MCHI ISHARES MSCI CHINA ETF 7.2%

Value ($000) $22,900 Shares 400,000 Est. Cost $57.25 Unrealized —

SHW SHERWIN-WILLIAMS CO/THE 6.9%

Value ($000) $22,071 Shares 48,030 Est. Cost $138.26 Unrealized +23.8%

AMZN AMAZON.COM INC 4.7%

Value ($000) $14,896 Shares 7,640 Est. Cost $93.40 Unrealized +3.6%

MELI MERCADOLIBRE INC 3.6%

Value ($000) $11,604 Shares 23,750 Est. Cost $553.43 Unrealized +11.4%

USMV ISHARES EDGE MSCI MIN VOL US 3.4%

Value ($000) $10,802 Shares 200,000 Est. Cost $54.01 Unrealized —

ECL ECOLAB INC 3.3%

Value ($000) $10,635 Shares 68,250 Est. Cost $177.04 Unrealized -0.4%

VGK VANGUARD FTSE EUROPE ETF 2.7%

Value ($000) $8,656 Shares 200,000 Est. Cost $58.60 Unrealized —

WCN WASTE CONNECTIONS INC 2.7%

Value ($000) $8,477 Shares 109,379 Est. Cost $90.25 Unrealized 0.0%

— BRF SA-ADR 1.9%

Value ($000) $6,018 Shares 2,075,289 Est. Cost $2.90 Unrealized —

META FACEBOOK INC-CLASS A 1.7%

Value ($000) $5,563 Shares 33,354 Est. Cost $189.19 Unrealized +2.8%

MSFT MICROSOFT CORP 1.7%

Value ($000) $5,520 Shares 35,000 Est. Cost $102.29 Unrealized +52.8%

EEM ISHARES MSCI EMERGING MARKETS 1.6%

Value ($000) $5,120 Shares 150,000 Est. Cost $44.87 Unrealized —

EEMV ISHARES EDGE MSCI MIN VOL EM 1.5%

Value ($000) $4,692 Shares 100,000 Est. Cost $46.92 Unrealized —

— MATCH GROUP INC 1.5%

Value ($000) $4,676 Shares 70,800 Est. Cost $66.05 Unrealized —

TCEHY TENCENT HOLDINGS LTD-UNS ADR 1.5%

Value ($000) $4,664 Shares 95,000 Est. Cost $49.09 Unrealized —

BABA ALIBABA GROUP HOLDING-SP ADR 1.4%

Value ($000) $4,473 Shares 23,000 Est. Cost $189.38 Unrealized —

GOOG ALPHABET INC-CL C 1.2%

Value ($000) $3,954 Shares 3,400 Est. Cost $56.38 Unrealized +19.4%

AAPL APPLE INC 1.2%

Value ($000) $3,761 Shares 14,790 Est. Cost $71.07 Unrealized 0.0%

UGP ULTRAPAR PARTICPAC-SPON ADR 1.0%

Value ($000) $3,202 Shares 1,317,678 Est. Cost $2.43 Unrealized —

NKE NIKE INC -CL B 0.8%

Value ($000) $2,497 Shares 30,180 Est. Cost $72.56 Unrealized +18.4%

COPX GLOBAL X COPPER MINERS ETF 0.7%

Value ($000) $2,088 Shares 176,470 Est. Cost $25.09 Unrealized —

EWZ ISHARES MSCI BRAZIL ETF 0.6%

Value ($000) $1,779 Shares 75,500 Est. Cost $42.81 Unrealized —

— SLACK TECHNOLOGIES INC- CL A 0.6%

Value ($000) $1,761 Shares 65,600 Est. Cost $26.84 Unrealized —

— BRIGHTCOVE 0.2%

Value ($000) $488 Shares 70,000 Est. Cost $6.97 Unrealized —

— AVAYA HOLDINGS CORP 0.0%

Value ($000) $81 Shares 10,000 Est. Cost $8.10 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HYG	ISHARES IBOXX HIGH YLD CORP	995,000	$76,685	24.0%	$77.07	—	ETF	464288513
ICVT	ISHARES CONVERTIBLE BOND ETF	850,000	$46,206	14.5%	$54.60	—	ETF	46435G102
VALE	VALE SA-SP ADR	3,090,000	$25,616	8.0%	$8.29	—	ADR	91912E105
MCHI	ISHARES MSCI CHINA ETF	400,000	$22,900	7.2%	$57.25	—	ETF	46429B671
SHW	SHERWIN-WILLIAMS CO/THE	48,030	$22,071	6.9%	$138.26	+23.8%	COM	824348106
AMZN	AMAZON.COM INC	7,640	$14,896	4.7%	$93.40	+3.6%	COM	023135106
MELI	MERCADOLIBRE INC	23,750	$11,604	3.6%	$553.43	+11.4%	COM	58733R102
USMV	ISHARES EDGE MSCI MIN VOL US	200,000	$10,802	3.4%	$54.01	—	ETF	46429B697
ECL	ECOLAB INC	68,250	$10,635	3.3%	$177.04	-0.4%	COM	278865100
VGK	VANGUARD FTSE EUROPE ETF	200,000	$8,656	2.7%	$58.60	—	ETF	922042874
WCN	WASTE CONNECTIONS INC	109,379	$8,477	2.7%	$90.25	0.0%	COM	94106B101
—	BRF SA-ADR	2,075,289	$6,018	1.9%	$2.90	—	ADR	10552T107
META	FACEBOOK INC-CLASS A	33,354	$5,563	1.7%	$189.19	+2.8%	COM	30303M102
MSFT	MICROSOFT CORP	35,000	$5,520	1.7%	$102.29	+52.8%	COM	594918104
EEM	ISHARES MSCI EMERGING MARKETS	150,000	$5,120	1.6%	$44.87	—	ETF	464287234
EEMV	ISHARES EDGE MSCI MIN VOL EM	100,000	$4,692	1.5%	$46.92	—	ETF	464286533
—	MATCH GROUP INC	70,800	$4,676	1.5%	$66.05	—	COM	57665R106
TCEHY	TENCENT HOLDINGS LTD-UNS ADR	95,000	$4,664	1.5%	$49.09	—	ADR	88032Q109
BABA	ALIBABA GROUP HOLDING-SP ADR	23,000	$4,473	1.4%	$189.38	—	ADR	01609W102
GOOG	ALPHABET INC-CL C	3,400	$3,954	1.2%	$56.38	+19.4%	COM	02079K107
AAPL	APPLE INC	14,790	$3,761	1.2%	$71.07	0.0%	COM	037833100
UGP	ULTRAPAR PARTICPAC-SPON ADR	1,317,678	$3,202	1.0%	$2.43	—	ADR	90400P101
NKE	NIKE INC -CL B	30,180	$2,497	0.8%	$72.56	+18.4%	COM	654106103
COPX	GLOBAL X COPPER MINERS ETF	176,470	$2,088	0.7%	$25.09	—	ETF	37954Y830
EWZ	ISHARES MSCI BRAZIL ETF	75,500	$1,779	0.6%	$42.81	—	ETF	464286400
—	SLACK TECHNOLOGIES INC- CL A	65,600	$1,761	0.6%	$26.84	—	COM	83088V102
—	BRIGHTCOVE	70,000	$488	0.2%	$6.97	—	COM	10921T101
—	AVAYA HOLDINGS CORP	10,000	$81	0.0%	$8.10	—	COM	05351X101