SPX Gestao de Recursos Ltda Quant / Systematic

Location: Rio De Janeiro, Brazil

CIK: 0001589176 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Oct 16, 2019

Total Value: $588M (100.0% shares, 0.0% debt)

Holdings (32)

VALE VALE SA ADR 17.2%

Value $101M Shares 8,792,105 Share Price $11.50 Est. Cost/Share $43609.28 Unrealized @ Report Date —

ARMK ARAMARK COM STK 9.1%

Value $53.67M Shares 1,231,654 Share Price $43.58 * Est. Cost/Share $23.95 Unrealized @ Report Date +8.3%

TMUS TMOBILE US INC COM STK 8.2%

Value $48.17M Shares 611,534 Share Price $78.77 * Est. Cost/Share $73.01 Unrealized @ Report Date +3.7%

EWZ ISHARES MSCI BRAZIL ETF 7.9%

Value $46.53M Shares 1,104,522 Share Price $42.13 Est. Cost/Share $1468617.50 Unrealized @ Report Date —

MELI MERCADOLIBRE INC 6.9%

Value $40.39M Shares 73,270 Share Price $551.24 * Est. Cost/Share $606.37 Unrealized @ Report Date 0.0%

INDA ISHARES MSCI INDIA INDEX FUND 5.0%

Value $29.19M Shares 869,600 Share Price $33.57 Est. Cost/Share $33.57 Unrealized @ Report Date —

PBR/A PETROLEO BRASILEIRO SA PETROBR ADR 4.8%

Value $27.97M Shares 2,128,798 Share Price $13.14 Est. Cost/Share $3754082.20 Unrealized @ Report Date —

— SPRINT CORP 4.2%

Value $24.6M Shares 3,986,931 Share Price $6.17 Est. Cost/Share $6.17 Unrealized @ Report Date —

LOW LOWES COS INC COM STK 4.1%

Value $24.32M Shares 221,200 Share Price $109.96 * Est. Cost/Share $94.02 Unrealized @ Report Date 0.0%

— VANECK VECTORS RUSSIA ETF 4.0%

Value $23.49M Shares 1,030,000 Share Price $22.81 Est. Cost/Share $22.81 Unrealized @ Report Date —

BBD BANCO BRADESCO SA BRAD ADR 4.0%

Value $23.37M Shares 2,870,825 Share Price $8.14 Est. Cost/Share $209452.34 Unrealized @ Report Date —

— ADR TIM PARTICIPACOES SA COM STK 3.2%

Value $18.84M Shares 1,311,816 Share Price $14.36 Est. Cost/Share $14.49 Unrealized @ Report Date —

EWY ISHARES MSCI SOUTH KOREA ETF 3.0%

Value $17.84M Shares 316,730 Share Price $56.34 Est. Cost/Share $59.87 Unrealized @ Report Date —

PAGS PAGSEGURO DIGITAL LTDCL A 2.3%

Value $13.33M Shares 287,901 Share Price $46.31 Est. Cost/Share $46.45 Unrealized @ Report Date 0.0%

CCU CIA CERVECERIAS UNIDAS SA CERV ADR 1.8%

Value $10.78M Shares 485,865 Share Price $22.19 Est. Cost/Share $22.19 Unrealized @ Report Date —

— BANCO SANTANDER MEXICO ADR 1.7%

Value $10.21M Shares 1,620,000 Share Price $6.30 Est. Cost/Share $599964.94 Unrealized @ Report Date —

CCK CROWN HOLDINGS INC COM STK 1.7%

Value $10.09M Shares 152,736 Share Price $66.06 * Est. Cost/Share $43.05 Unrealized @ Report Date +41.4%

TV GRUPO TELEVISA SA ADR 1.7%

Value $9.878M Shares 1,010,000 Share Price $9.78 Est. Cost/Share $687544.60 Unrealized @ Report Date —

CIG CIA ENERGETICA DE MINAS GERAIS ADR 1.7%

Value $9.868M Shares 2,910,984 Share Price $3.39 Est. Cost/Share $3.62 Unrealized @ Report Date —

IP INTERNATIONAL PAPER CO COM STK 1.2%

Value $6.786M Shares 162,255 Share Price $41.82 * Est. Cost/Share $29.34 Unrealized @ Report Date 0.0%

SAN BANCO SANTANDER CEN SPON ADR 1.0%

Value $5.906M Shares 1,469,163 Share Price $4.02 Est. Cost/Share $4.02 Unrealized @ Report Date —

RIO RIO TINTO PLC ADR 0.9%

Value $5.545M Shares 106,457 Share Price $52.09 Est. Cost/Share $52.09 Unrealized @ Report Date —

TSN TYSON FOODS INC CL A COM STK 0.8%

Value $4.996M Shares 58,000 Share Price $86.14 * Est. Cost/Share $70.68 Unrealized @ Report Date 0.0%

ENIC ENEL CHILE SA 0.6%

Value $3.747M Shares 890,000 Share Price $4.21 Est. Cost/Share $954512.75 Unrealized @ Report Date —

— DD3 ACQUISITION CORP 0.5%

Value $3.075M Shares 299,097 Share Price $10.28 Est. Cost/Share $10.02 Unrealized @ Report Date —

CPA COPA HOLDINGS SA COM STK 0.5%

Value $2.962M Shares 30,000 Share Price $98.73 * Est. Cost/Share $84.05 Unrealized @ Report Date 0.0%

— PUT S 100 @ 7 EXP 01172020 0.5%

Value $2.872M Shares 25,700 Share Price $111.75 Est. Cost/Share $111.75 Unrealized @ Report Date —

TS TENARIS S A ADR 0.4%

Value $2.542M Shares 120,000 Share Price $21.18 Est. Cost/Share $21.18 Unrealized @ Report Date —

KOF COCA COLA FEMSA SAB DE CV ADR 0.3%

Value $1.691M Shares 27,890 Share Price $60.63 Est. Cost/Share $65.86 Unrealized @ Report Date —

TX TERNIUM SA ADR 0.3%

Value $1.535M Shares 80,000 Share Price $19.19 Est. Cost/Share $24.62 Unrealized @ Report Date —

ASR GRUPO AEROPORTUARIO DEL SUREST ADR 0.3%

Value $1.525M Shares 10,000 Share Price $152.50 Est. Cost/Share $153.73 Unrealized @ Report Date —

— COMPANHIA BRASILEIRA DE DISTRIBUIACAO 0.3%

Value $1.501M Shares 78,039 Share Price $19.23 Est. Cost/Share $2304738.80 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VALE	VALE SA ADR	8,792,105	$101M	17.2%	$11.50	$43609.28	—	ADR	91912E105
ARMK	ARAMARK COM STK	1,231,654	$53.67M	9.1%	$43.58 *	$23.95	+8.3%	COM	03852U106
TMUS	TMOBILE US INC COM STK	611,534	$48.17M	8.2%	$78.77 *	$73.01	+3.7%	COM	872590104
EWZ	ISHARES MSCI BRAZIL ETF	1,104,522	$46.53M	7.9%	$42.13	$1468617.50	—	ETF	464286400
MELI	MERCADOLIBRE INC	73,270	$40.39M	6.9%	$551.24 *	$606.37	0.0%	COM	58733R102
INDA	ISHARES MSCI INDIA INDEX FUND	869,600	$29.19M	5.0%	$33.57	$33.57	—	MSCI INDIA ETF	46429B598
PBR/A	PETROLEO BRASILEIRO SA PETROBR ADR	2,128,798	$27.97M	4.8%	$13.14	$3754082.20	—	ADR	71654V101
—	SPRINT CORP	3,986,931	$24.6M	4.2%	$6.17	$6.17	—	COM	85207U105
LOW	LOWES COS INC COM STK	221,200	$24.32M	4.1%	$109.96 *	$94.02	0.0%	COM	548661107
—	VANECK VECTORS RUSSIA ETF	1,030,000	$23.49M	4.0%	$22.81	$22.81	—	RUSSIA ETF	92189F403
BBD	BANCO BRADESCO SA BRAD ADR	2,870,825	$23.37M	4.0%	$8.14	$209452.34	—	ADR	059460303
—	ADR TIM PARTICIPACOES SA COM STK	1,311,816	$18.84M	3.2%	$14.36	$14.49	—	SPONSORED ADR	88706P205
EWY	ISHARES MSCI SOUTH KOREA ETF	316,730	$17.84M	3.0%	$56.34	$59.87	—	ETF	464286772
PAGS	PAGSEGURO DIGITAL LTDCL A	287,901	$13.33M	2.3%	$46.31	$46.45	0.0%	COM CL A	G68707101
CCU	CIA CERVECERIAS UNIDAS SA CERV ADR	485,865	$10.78M	1.8%	$22.19	$22.19	—	SPONSORED ADR	204429104
—	BANCO SANTANDER MEXICO ADR	1,620,000	$10.21M	1.7%	$6.30	$599964.94	—	ADR	05969B103
CCK	CROWN HOLDINGS INC COM STK	152,736	$10.09M	1.7%	$66.06 *	$43.05	+41.4%	COM	228368106
TV	GRUPO TELEVISA SA ADR	1,010,000	$9.878M	1.7%	$9.78	$687544.60	—	ADR	40049J206
CIG	CIA ENERGETICA DE MINAS GERAIS ADR	2,910,984	$9.868M	1.7%	$3.39	$3.62	—	ADR	204409601
IP	INTERNATIONAL PAPER CO COM STK	162,255	$6.786M	1.2%	$41.82 *	$29.34	0.0%	COM	460146103
SAN	BANCO SANTANDER CEN SPON ADR	1,469,163	$5.906M	1.0%	$4.02	$4.02	—	ADR	05964H105
RIO	RIO TINTO PLC ADR	106,457	$5.545M	0.9%	$52.09	$52.09	—	SPONSORED ADR	767204100
TSN	TYSON FOODS INC CL A COM STK	58,000	$4.996M	0.8%	$86.14 *	$70.68	0.0%	CL A	902494103
ENIC	ENEL CHILE SA	890,000	$3.747M	0.6%	$4.21	$954512.75	—	SPONSORED ADS	29278D105
—	DD3 ACQUISITION CORP	299,097	$3.075M	0.5%	$10.28	$10.02	—	UNIT 10/12/2023	G2692M129
CPA	COPA HOLDINGS SA COM STK	30,000	$2.962M	0.5%	$98.73 *	$84.05	0.0%	CL A	P31076105
—	PUT S 100 @ 7 EXP 01172020	25,700	$2.872M	0.5%	$111.75	$111.75	—	PUT	99V6NX3C9
TS	TENARIS S A ADR	120,000	$2.542M	0.4%	$21.18	$21.18	—	SPONSORED ADS	88031M109
KOF	COCA COLA FEMSA SAB DE CV ADR	27,890	$1.691M	0.3%	$60.63	$65.86	—	ADR	191241108
TX	TERNIUM SA ADR	80,000	$1.535M	0.3%	$19.19	$24.62	—	ADR	880890108
ASR	GRUPO AEROPORTUARIO DEL SUREST ADR	10,000	$1.525M	0.3%	$152.50	$153.73	—	ADR	40051E202
—	COMPANHIA BRASILEIRA DE DISTRIBUIACAO	78,039	$1.501M	0.3%	$19.23	$2304738.80	—	ADR	20440T201