Sagil Capital LLP Hedge Fund

CIK: 0001747744 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: Jul 24, 2018

Total Value ($000): $157,450 (100.0% shares, 0.0% debt)

Holdings (21)

ARCO Arcos Dorados Holdings Inc 12.6%

Value ($000) $19,913 Shares 2,176,269 Est. Cost $8.69 Unrealized -4.1%

BBD Banco Bradesco SA 11.4%

Value ($000) $17,888 Shares 1,505,700 Est. Cost $11.08 Unrealized —

— Telefonica Brasil SA 9.8%

Value ($000) $15,360 Shares 1,000,000 Est. Cost $14.83 Unrealized —

TX Ternium SA 8.9%

Value ($000) $13,952 Shares 429,435 Est. Cost $31.67 Unrealized —

BMA Banco Macro SA 8.6%

Value ($000) $13,496 Shares 125,000 Est. Cost $107.97 Unrealized —

GGB Gerdau SA 6.7%

Value ($000) $10,586 Shares 2,271,662 Est. Cost $3.72 Unrealized —

— CEMEX 3.72 03/15/20 5.9%

Value ($000) $9,341 Shares 9,000,000 Est. Cost $1.01 Unrealized —

— BBVA Banco Frances SA 4.9%

Value ($000) $7,756 Shares 340,016 Est. Cost $25.20 Unrealized —

CRESY Cresud SACIF y A 4.9%

Value ($000) $7,679 Shares 381,067 Est. Cost $21.89 Unrealized —

— Bancolombia SA 4.8%

Value ($000) $7,567 Shares 180,090 Est. Cost $40.71 Unrealized —

— IRSA Inversiones y Representac 3.9%

Value ($000) $6,132 Shares 259,261 Est. Cost $29.60 Unrealized —

PBR/A Petroleo Brasileiro SA 3.4%

Value ($000) $5,326 Shares 410,000 Est. Cost $9.83 Unrealized —

— Cosan Ltd 3.4%

Value ($000) $5,299 Shares 510,039 Est. Cost $10.39 Unrealized —

YPF YPF SA 2.3%

Value ($000) $3,568 Shares 165,041 Est. Cost $21.74 Unrealized —

— IRSA Propiedades Comerciales S 2.1%

Value ($000) $3,338 Shares 75,000 Est. Cost $56.51 Unrealized —

— iShares MSCI Emerging Markets 1.8%

Value ($000) $2,850 Shares 600,000 Est. Cost — Unrealized —

VLRS Controladora Vuela Cia de Avia 1.6%

Value ($000) $2,523 Shares 309,524 Est. Cost $8.02 Unrealized —

— iShares MSCI Mexico ETF 1.4%

Value ($000) $2,191 Shares 700,000 Est. Cost — Unrealized —

NEXA Nexa Resources SA 1.2%

Value ($000) $1,887 Shares 107,747 Est. Cost $13.09 Unrealized +14.4%

— Petrobras Argentina SA 0.4%

Value ($000) $629 Shares 53,275 Est. Cost $13.42 Unrealized —

— Gol Linhas Aereas Inteligentes 0.1%

Value ($000) $169 Shares 13,025 Est. Cost $12.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ARCO	Arcos Dorados Holdings Inc	2,176,269	$19,913	12.6%	$8.69	-4.1%	SHS CLASS -A -	G0457F107
BBD	Banco Bradesco SA	1,505,700	$17,888	11.4%	$11.08	—	SP ADR PFD NEW	059460303
—	Telefonica Brasil SA	1,000,000	$15,360	9.8%	$14.83	—	SPONSORED ADR	87936R106
TX	Ternium SA	429,435	$13,952	8.9%	$31.67	—	SPON ADR	880890108
BMA	Banco Macro SA	125,000	$13,496	8.6%	$107.97	—	SPON ADR B	05961W105
GGB	Gerdau SA	2,271,662	$10,586	6.7%	$3.72	—	SPON ADR REP PFD	373737105
—	CEMEX 3.72 03/15/20	9,000,000	$9,341	5.9%	$1.01	—	NOTE 3.720% 3/1	151290BT9
—	BBVA Banco Frances SA	340,016	$7,756	4.9%	$25.20	—	SPONSORED ADR	07329M100
CRESY	Cresud SACIF y A	381,067	$7,679	4.9%	$21.89	—	SPONSORED ADR	226406106
—	Bancolombia SA	180,090	$7,567	4.8%	$40.71	—	SPON ADR PREF	05968L102
—	IRSA Inversiones y Representac	259,261	$6,132	3.9%	$29.60	—	GLOBL DEP RCPT	450047204
PBR/A	Petroleo Brasileiro SA	410,000	$5,326	3.4%	$9.83	—	SP ADR NON VTG	71654V101
—	Cosan Ltd	510,039	$5,299	3.4%	$10.39	—	SHS A	G25343107
YPF	YPF SA	165,041	$3,568	2.3%	$21.74	—	SPON ADR CL D	984245100
—	IRSA Propiedades Comerciales S	75,000	$3,338	2.1%	$56.51	—	SPONSORED ADR	463588103
—	iShares MSCI Emerging Markets	600,000	$2,850	1.8%	—	—	Put	464287954
VLRS	Controladora Vuela Cia de Avia	309,524	$2,523	1.6%	$8.02	—	SPON ADR RP 10	21240E105
—	iShares MSCI Mexico ETF	700,000	$2,191	1.4%	—	—	Put	464286952
NEXA	Nexa Resources SA	107,747	$1,887	1.2%	$13.09	+14.4%	COM	L67359106
—	Petrobras Argentina SA	53,275	$629	0.4%	$13.42	—	SPONS ADR	71646J109
—	Gol Linhas Aereas Inteligentes	13,025	$169	0.1%	$12.98	—	SPON ADR PFD NEW	38045R206