SPX Gestao de Recursos Ltda Quant / Systematic

Location: Rio De Janeiro, Brazil

CIK: 0001589176 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: Apr 9, 2019

Total Value: $292M (100.0% shares, 0.0% debt)

Holdings (37)

— ROYAL DUTCH SHELL PLC ADR 13.8%

Value $40.3M Shares 643,856 Share Price $62.59 Est. Cost/Share $2161660.80 Unrealized @ Report Date —

ARMK ARAMARK COM STK 13.2%

Value $38.61M Shares 1,306,522 Share Price $29.55 * Est. Cost/Share $24.08 Unrealized @ Report Date -14.8%

PBR/A PETROLEO BRASILEIRO SA PETROBR ADR 9.9%

Value $28.98M Shares 2,026,811 Share Price $14.30 Est. Cost/Share $4690912.50 Unrealized @ Report Date —

EBAY EBAY INC COM STK 9.8%

Value $28.78M Shares 774,905 Share Price $37.14 * Est. Cost/Share $33.32 Unrealized @ Report Date -7.2%

PAGS PAGSEGURO DIGITAL LTDCL A 7.2%

Value $20.93M Shares 701,169 Share Price $29.85 * Est. Cost/Share $24.95 Unrealized @ Report Date 0.0%

— AZUL SA 4.3%

Value $12.46M Shares 426,640 Share Price $29.21 Est. Cost/Share $1776993.80 Unrealized @ Report Date —

— DOWDUPONT INC 4.3%

Value $12.46M Shares 233,628 Share Price $53.31 Est. Cost/Share $53.48 Unrealized @ Report Date —

CCK CROWN HOLDINGS INC COM STK 3.7%

Value $10.77M Shares 197,271 Share Price $54.57 * Est. Cost/Share $43.05 Unrealized @ Report Date +13.9%

CFG CITIZENS FINANCIAL GROUP INC COM STK 3.2%

Value $9.466M Shares 291,271 Share Price $32.50 * Est. Cost/Share $27.43 Unrealized @ Report Date -6.5%

CIG CIA ENERGETICA DE MINAS GERAIS ADR 3.2%

Value $9.302M Shares 2,605,689 Share Price $3.57 Est. Cost/Share $3.57 Unrealized @ Report Date —

PBR PETROLEO BRASIL 3.0%

Value $8.653M Shares 543,556 Share Price $15.92 Est. Cost/Share $2562408.20 Unrealized @ Report Date —

— COMPANHIA BRASILEIRA DE DISTRIBUIACAO 2.8%

Value $8.317M Shares 357,275 Share Price $23.28 Est. Cost/Share $2304738.80 Unrealized @ Report Date —

TV GRUPO TELEVISA SA ADR 1.9%

Value $5.53M Shares 500,000 Share Price $11.06 Est. Cost/Share $1525651.20 Unrealized @ Report Date —

ABEV COMPANHIA DE BEBIDAS DAS AMERICAS AMBEV 1.8%

Value $5.37M Shares 1,248,932 Share Price $4.30 Est. Cost/Share $3.92 Unrealized @ Report Date —

MT ARCELORMITTAL ADR 1.6%

Value $4.795M Shares 235,287 Share Price $20.38 Est. Cost/Share $12296166.00 Unrealized @ Report Date —

— BBVA BANCO FRANCES SA ADR 1.5%

Value $4.24M Shares 445,862 Share Price $9.51 Est. Cost/Share $9.51 Unrealized @ Report Date —

RIO RIO TINTO PLC ADR 1.3%

Value $3.804M Shares 64,640 Share Price $58.85 Est. Cost/Share $58.85 Unrealized @ Report Date —

— BANCO SANTANDER MEXICO ADR 1.2%

Value $3.375M Shares 498,500 Share Price $6.77 Est. Cost/Share $2639066.20 Unrealized @ Report Date —

— DD3 ACQUISITION CORP 1.0%

Value $3.042M Shares 300,000 Share Price $10.14 Est. Cost/Share $10.02 Unrealized @ Report Date —

BBD BANCO BRADESCO SA BRAD ADR 1.0%

Value $3.017M Shares 276,579 Share Price $10.91 Est. Cost/Share $2287460.00 Unrealized @ Report Date —

TS TENARIS S A ADR 1.0%

Value $2.825M Shares 100,000 Share Price $28.25 Est. Cost/Share $28.25 Unrealized @ Report Date —

ENIC ENEL CHILE SA 0.9%

Value $2.745M Shares 530,000 Share Price $5.18 Est. Cost/Share $1602858.10 Unrealized @ Report Date —

— DESPEGARCOM CORP COM STK 0.8%

Value $2.384M Shares 160,000 Share Price $14.90 Est. Cost/Share $13.34 Unrealized @ Report Date —

VALE VALE SA ADR 0.8%

Value $2.233M Shares 170,972 Share Price $13.06 Est. Cost/Share $2616308.80 Unrealized @ Report Date —

WLK WESTLAKE CHEM 0.7%

Value $2.181M Shares 32,147 Share Price $67.84 * Est. Cost/Share $64.35 Unrealized @ Report Date +0.6%

EWZ ISHARES MSCI BRAZIL ETF 0.7%

Value $1.971M Shares 48,090 Share Price $40.99 Est. Cost/Share $33730000.00 Unrealized @ Report Date —

CEPU CENTRAL PUERTO 0.6%

Value $1.838M Shares 200,000 Share Price $9.19 Est. Cost/Share $16.84 Unrealized @ Report Date —

KOF COCA COLA FEMSA SAB DE CV ADR 0.6%

Value $1.769M Shares 26,800 Share Price $66.01 Est. Cost/Share $66.01 Unrealized @ Report Date —

LOMA LOMA NGR ARG SCD 0.6%

Value $1.642M Shares 150,000 Share Price $10.95 Est. Cost/Share $23.04 Unrealized @ Report Date —

TX TERNIUM SA ADR 0.6%

Value $1.633M Shares 60,000 Share Price $27.22 Est. Cost/Share $27.22 Unrealized @ Report Date —

— IRSA PROPIEDADES COMERCIADR 0.5%

Value $1.538M Shares 75,768 Share Price $20.30 Est. Cost/Share $54.81 Unrealized @ Report Date —

SBS CIA SANEAMENTO BASICO DO ESTAD ADR 0.5%

Value $1.383M Shares 130,700 Share Price $10.58 Est. Cost/Share $10.58 Unrealized @ Report Date —

ITUB ITAU UNIBANCO HLDNG SA 0.5%

Value $1.381M Shares 156,809 Share Price $8.81 Est. Cost/Share $868983.10 Unrealized @ Report Date —

— PUT SPY 100 @ 274 EXP 04262019 0.4%

Value $1.312M Shares 10,000 Share Price $131.20 Est. Cost/Share $131.20 Unrealized @ Report Date —

ASR GRUPO AEROPORTUARIO DEL SUREST ADR 0.4%

Value $1.181M Shares 7,300 Share Price $161.78 Est. Cost/Share $150.64 Unrealized @ Report Date —

ASHR XTRACKERS HARVEST CSI 300 CHIN 0.4%

Value $1.149M Shares 40,000 Share Price $28.73 Est. Cost/Share $28.73 Unrealized @ Report Date —

OMAB GRUPO AEROPORTUARIO 0.4%

Value $1.055M Shares 23,397 Share Price $45.09 Est. Cost/Share $45.09 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	ROYAL DUTCH SHELL PLC ADR	643,856	$40.3M	13.8%	$62.59	$2161660.80	—	ADR	780259206
ARMK	ARAMARK COM STK	1,306,522	$38.61M	13.2%	$29.55 *	$24.08	-14.8%	COM	03852U106
PBR/A	PETROLEO BRASILEIRO SA PETROBR ADR	2,026,811	$28.98M	9.9%	$14.30	$4690912.50	—	ADR	71654V101
EBAY	EBAY INC COM STK	774,905	$28.78M	9.8%	$37.14 *	$33.32	-7.2%	COM	278642103
PAGS	PAGSEGURO DIGITAL LTDCL A	701,169	$20.93M	7.2%	$29.85 *	$24.95	0.0%	ADR	G68707101
—	AZUL SA	426,640	$12.46M	4.3%	$29.21	$1776993.80	—	ADR	05501U106
—	DOWDUPONT INC	233,628	$12.46M	4.3%	$53.31	$53.48	—	COM	26078J100
CCK	CROWN HOLDINGS INC COM STK	197,271	$10.77M	3.7%	$54.57 *	$43.05	+13.9%	COM	228368106
CFG	CITIZENS FINANCIAL GROUP INC COM STK	291,271	$9.466M	3.2%	$32.50 *	$27.43	-6.5%	COM	174610105
CIG	CIA ENERGETICA DE MINAS GERAIS ADR	2,605,689	$9.302M	3.2%	$3.57	$3.57	—	ADR	204409601
PBR	PETROLEO BRASIL	543,556	$8.653M	3.0%	$15.92	$2562408.20	—	ADR	71654V408
—	COMPANHIA BRASILEIRA DE DISTRIBUIACAO	357,275	$8.317M	2.8%	$23.28	$2304738.80	—	ADR	20440T201
TV	GRUPO TELEVISA SA ADR	500,000	$5.53M	1.9%	$11.06	$1525651.20	—	ADR	40049J206
ABEV	COMPANHIA DE BEBIDAS DAS AMERICAS AMBEV	1,248,932	$5.37M	1.8%	$4.30	$3.92	—	ADR	02319V103
MT	ARCELORMITTAL ADR	235,287	$4.795M	1.6%	$20.38	$12296166.00	—	ADR	03938L203
—	BBVA BANCO FRANCES SA ADR	445,862	$4.24M	1.5%	$9.51	$9.51	—	ADR	07329M100
RIO	RIO TINTO PLC ADR	64,640	$3.804M	1.3%	$58.85	$58.85	—	ADR	767204100
—	BANCO SANTANDER MEXICO ADR	498,500	$3.375M	1.2%	$6.77	$2639066.20	—	ADR	05969B103
—	DD3 ACQUISITION CORP	300,000	$3.042M	1.0%	$10.14	$10.02	—	UNIT 10/12/2023	G2692M129
BBD	BANCO BRADESCO SA BRAD ADR	276,579	$3.017M	1.0%	$10.91	$2287460.00	—	ADR	059460303
TS	TENARIS S A ADR	100,000	$2.825M	1.0%	$28.25	$28.25	—	ADR	88031M109
ENIC	ENEL CHILE SA	530,000	$2.745M	0.9%	$5.18	$1602858.10	—	SPONSORED ADS	29278D105
—	DESPEGARCOM CORP COM STK	160,000	$2.384M	0.8%	$14.90	$13.34	—	COM	G27358103
VALE	VALE SA ADR	170,972	$2.233M	0.8%	$13.06	$2616308.80	—	ADR	91912E105
WLK	WESTLAKE CHEM	32,147	$2.181M	0.7%	$67.84 *	$64.35	+0.6%	COM	960413102
EWZ	ISHARES MSCI BRAZIL ETF	48,090	$1.971M	0.7%	$40.99	$33730000.00	—	ETF	464286400
CEPU	CENTRAL PUERTO	200,000	$1.838M	0.6%	$9.19	$16.84	—	SPONSORED ADS	155038201
KOF	COCA COLA FEMSA SAB DE CV ADR	26,800	$1.769M	0.6%	$66.01	$66.01	—	ADR	191241108
LOMA	LOMA NGR ARG SCD	150,000	$1.642M	0.6%	$10.95	$23.04	—	SPONSORED ADS	54150E104
TX	TERNIUM SA ADR	60,000	$1.633M	0.6%	$27.22	$27.22	—	ADR	880890108
—	IRSA PROPIEDADES COMERCIADR	75,768	$1.538M	0.5%	$20.30	$54.81	—	ADR	463588103
SBS	CIA SANEAMENTO BASICO DO ESTAD ADR	130,700	$1.383M	0.5%	$10.58	$10.58	—	ADR	20441A102
ITUB	ITAU UNIBANCO HLDNG SA	156,809	$1.381M	0.5%	$8.81	$868983.10	—	ADR	465562106
—	PUT SPY 100 @ 274 EXP 04262019	10,000	$1.312M	0.4%	$131.20	$131.20	—	PUT	99O127QJ8
ASR	GRUPO AEROPORTUARIO DEL SUREST ADR	7,300	$1.181M	0.4%	$161.78	$150.64	—	ADR	40051E202
ASHR	XTRACKERS HARVEST CSI 300 CHIN	40,000	$1.149M	0.4%	$28.73	$28.73	—	ETF	233051879
OMAB	GRUPO AEROPORTUARIO	23,397	$1.055M	0.4%	$45.09	$45.09	—	SPON ADR	400501102