SPX Gestao de Recursos Ltda Quant / Systematic

Location: Rio De Janeiro, Brazil

CIK: 0001589176 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: Nov 9, 2018

Total Value: $185M (100.0% shares, 0.0% debt)

Holdings (26)

PEP PEPSICO INC COM STK 11.5%

Value $21.24M Shares 194,598 Share Price $109.15 * Est. Cost/Share $89.24 Unrealized @ Report Date +0.0%

VALE VALE SA ADR 8.2%

Value $15.24M Shares 1,198,323 Share Price $12.72 Est. Cost/Share $10.33 Unrealized @ Report Date —

LOMA LOMA NGR ARG SCD 8.1%

Value $15.04M Shares 705,390 Share Price $21.32 Est. Cost/Share $23.04 Unrealized @ Report Date —

— FIBRIA CELULOSE SASPON ADR 6.8%

Value $12.66M Shares 649,042 Share Price $19.50 Est. Cost/Share $19.50 Unrealized @ Report Date —

BMA BANCO MACRO BANSUD S A SPON ADR B 6.3%

Value $11.63M Shares 107,672 Share Price $107.97 Est. Cost/Share $107.97 Unrealized @ Report Date —

TGS TRANSPORTADORA DE GAS DEL SUR SPONSORED ADR REP 5 CL B 5.5%

Value $10.22M Shares 502,249 Share Price $20.34 Est. Cost/Share $14.84 Unrealized @ Report Date —

BBD BANCO BRADESCO SA BRAD ADR 5.3%

Value $9.766M Shares 822,055 Share Price $11.88 Est. Cost/Share $10.24 Unrealized @ Report Date —

EWZ ISHARES MSCI BRAZIL ETF 5.3%

Value $9.71M Shares 216,356 Share Price $44.88 Est. Cost/Share $44.88 Unrealized @ Report Date —

UNP UNION PACIFIC CORP COM STK 5.2%

Value $9.54M Shares 70,965 Share Price $134.43 * Est. Cost/Share $113.06 Unrealized @ Report Date 0.0%

— IRSA PROPIEDADES COMERCIALES S ADR 4.3%

Value $7.876M Shares 177,000 Share Price $44.50 Est. Cost/Share $54.81 Unrealized @ Report Date —

CEPU CENTRAL PUERTO 4.2%

Value $7.776M Shares 457,432 Share Price $17.00 Est. Cost/Share $17.00 Unrealized @ Report Date —

— ROYAL DUTCH SHELL PLC ADR 3.8%

Value $6.955M Shares 109,000 Share Price $63.81 Est. Cost/Share $63.81 Unrealized @ Report Date —

PBR PETROLEO BRASIL 3.7%

Value $6.923M Shares 489,625 Share Price $14.14 Est. Cost/Share $14.14 Unrealized @ Report Date —

GGB GERDAU SA COSG ADR 3.4%

Value $6.338M Shares 1,360,000 Share Price $4.66 Est. Cost/Share $3.60 Unrealized @ Report Date —

SBS CIA SANEAMENTO BASICO DO ESTAD ADR 3.1%

Value $5.674M Shares 535,746 Share Price $10.59 Est. Cost/Share $10.59 Unrealized @ Report Date —

NSC NORFOLK SOUTHN CORP COM STK 3.0%

Value $5.486M Shares 40,400 Share Price $135.79 * Est. Cost/Share $118.37 Unrealized @ Report Date +3.6%

ITUB ITAU UNIBANCO HLDNG SA 2.7%

Value $5.006M Shares 320,877 Share Price $15.60 Est. Cost/Share $14.14 Unrealized @ Report Date —

CIG CIA ENERGETICA DE MINAS GERAIS ADR 2.2%

Value $4.092M Shares 1,586,014 Share Price $2.58 Est. Cost/Share $2.58 Unrealized @ Report Date —

ABEV COMPANHIA DE BEBIDAS DAS AMERICAS AMBEV 1.3%

Value $2.431M Shares 334,386 Share Price $7.27 Est. Cost/Share $7.27 Unrealized @ Report Date —

— ADR TIM PARTICIPACOES SA COM STK 1.1%

Value $2.059M Shares 95,000 Share Price $21.67 Est. Cost/Share $21.67 Unrealized @ Report Date —

— PUT EEM 100 @ 47 EXP 04202018 1.1%

Value $1.963M Shares 30,000 Share Price $65.43 Est. Cost/Share $65.43 Unrealized @ Report Date —

TV GRUPO TELEVISA SA ADR 1.0%

Value $1.883M Shares 118,000 Share Price $15.96 Est. Cost/Share $17.39 Unrealized @ Report Date —

BSBR BANCO SANTANDER 0.9%

Value $1.693M Shares 140,825 Share Price $12.02 Est. Cost/Share $9.67 Unrealized @ Report Date —

CX CEMEX SAB DE CV ADR 0.9%

Value $1.658M Shares 250,500 Share Price $6.62 Est. Cost/Share $7.18 Unrealized @ Report Date —

SID COMPANHIA SIDERURGICA NACIONAL ADR 0.6%

Value $1.051M Shares 399,767 Share Price $2.63 Est. Cost/Share $2.63 Unrealized @ Report Date —

CPA COPA HOLDINGS SA COM STK 0.6%

Value $1.029M Shares 8,000 Share Price $128.63 * Est. Cost/Share $106.41 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PEP	PEPSICO INC COM STK	194,598	$21.24M	11.5%	$109.15 *	$89.24	+0.0%	COM	713448108
VALE	VALE SA ADR	1,198,323	$15.24M	8.2%	$12.72	$10.33	—	ADR	91912E105
LOMA	LOMA NGR ARG SCD	705,390	$15.04M	8.1%	$21.32	$23.04	—	SPONSORED ADS	54150E104
—	FIBRIA CELULOSE SASPON ADR	649,042	$12.66M	6.8%	$19.50	$19.50	—	ADR	31573A109
BMA	BANCO MACRO BANSUD S A SPON ADR B	107,672	$11.63M	6.3%	$107.97	$107.97	—	SPON ADR B	05961W105
TGS	TRANSPORTADORA DE GAS DEL SUR SPONSORED ADR REP 5 CL B	502,249	$10.22M	5.5%	$20.34	$14.84	—	COM	893870204
BBD	BANCO BRADESCO SA BRAD ADR	822,055	$9.766M	5.3%	$11.88	$10.24	—	ADR	059460303
EWZ	ISHARES MSCI BRAZIL ETF	216,356	$9.71M	5.3%	$44.88	$44.88	—	ETF	464286400
UNP	UNION PACIFIC CORP COM STK	70,965	$9.54M	5.2%	$134.43 *	$113.06	0.0%	COM	907818108
—	IRSA PROPIEDADES COMERCIALES S ADR	177,000	$7.876M	4.3%	$44.50	$54.81	—	ADR	463588103
CEPU	CENTRAL PUERTO	457,432	$7.776M	4.2%	$17.00	$17.00	—	SPONSORED ADR	155038201
—	ROYAL DUTCH SHELL PLC ADR	109,000	$6.955M	3.8%	$63.81	$63.81	—	ADR	780259206
PBR	PETROLEO BRASIL	489,625	$6.923M	3.7%	$14.14	$14.14	—	ADR	71654V408
GGB	GERDAU SA COSG ADR	1,360,000	$6.338M	3.4%	$4.66	$3.60	—	ADR	373737105
SBS	CIA SANEAMENTO BASICO DO ESTAD ADR	535,746	$5.674M	3.1%	$10.59	$10.59	—	ADR	20441A102
NSC	NORFOLK SOUTHN CORP COM STK	40,400	$5.486M	3.0%	$135.79 *	$118.37	+3.6%	COM	655844108
ITUB	ITAU UNIBANCO HLDNG SA	320,877	$5.006M	2.7%	$15.60	$14.14	—	ADR	465562106
CIG	CIA ENERGETICA DE MINAS GERAIS ADR	1,586,014	$4.092M	2.2%	$2.58	$2.58	—	ADR	204409601
ABEV	COMPANHIA DE BEBIDAS DAS AMERICAS AMBEV	334,386	$2.431M	1.3%	$7.27	$7.27	—	SPONSORED ADR	02319V103
—	ADR TIM PARTICIPACOES SA COM STK	95,000	$2.059M	1.1%	$21.67	$21.67	—	COM	88706P205
—	PUT EEM 100 @ 47 EXP 04202018	30,000	$1.963M	1.1%	$65.43	$65.43	—	PUT	99OXHFF64
TV	GRUPO TELEVISA SA ADR	118,000	$1.883M	1.0%	$15.96	$17.39	—	ADR	40049J206
BSBR	BANCO SANTANDER	140,825	$1.693M	0.9%	$12.02	$9.67	—	ADS REP 1 UNIT	05967A107
CX	CEMEX SAB DE CV ADR	250,500	$1.658M	0.9%	$6.62	$7.18	—	ADR	151290889
SID	COMPANHIA SIDERURGICA NACIONAL ADR	399,767	$1.051M	0.6%	$2.63	$2.63	—	ADR	20440W105
CPA	COPA HOLDINGS SA COM STK	8,000	$1.029M	0.6%	$128.63 *	$106.41	0.0%	COM	P31076105