Sagil Capital LLP Hedge Fund

CIK: 0001747744 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 10, 2020

Total Value ($000): $112,171 (100.0% shares, 0.0% debt)

Holdings (21)

VALE Vale SA 16.9%

Value ($000) $18,970 Shares 1,793,000 Est. Cost $10.94 Unrealized —

— MELI 2 08/15/28 11.3%

Value ($000) $12,656 Shares 5,000,000 Est. Cost $1.48 Unrealized —

TX Ternium SA 8.6%

Value ($000) $9,673 Shares 513,700 Est. Cost $31.45 Unrealized —

LAUR Laureate Education Inc 8.3%

Value ($000) $9,340 Shares 703,347 Est. Cost $12.01 Unrealized 0.0%

PAGS Pagseguro Digital Ltd 7.6%

Value ($000) $8,485 Shares 225,000 Est. Cost $38.85 Unrealized 0.0%

— Vale SA 7.3%

Value ($000) $8,220 Shares 16,000 Est. Cost — Unrealized —

— Arco Platform Ltd 6.6%

Value ($000) $7,359 Shares 180,199 Est. Cost $40.84 Unrealized —

SLV iShares Silver Trust 5.8%

Value ($000) $6,492 Shares 300,000 Est. Cost $14.04 Unrealized —

AGRO Adecoagro SA 5.6%

Value ($000) $6,287 Shares 1,346,184 Est. Cost $6.00 Unrealized -30.1%

BBD Banco Bradesco SA 4.9%

Value ($000) $5,488 Shares 1,600,000 Est. Cost $3.43 Unrealized —

— Petroleo Brasileiro SA 4.6%

Value ($000) $5,160 Shares 4,000 Est. Cost — Unrealized —

ARCO Arcos Dorados Holdings Inc 3.6%

Value ($000) $4,080 Shares 995,037 Est. Cost $3.48 Unrealized +19.0%

— iShares MSCI Emerging Markets 2.7%

Value ($000) $2,978 Shares 14,741 Est. Cost — Unrealized —

— Cia Brasileira de Distribuicao 2.4%

Value ($000) $2,680 Shares 217,143 Est. Cost $12.34 Unrealized —

IFS Intercorp Financial Services I 1.5%

Value ($000) $1,715 Shares 74,213 Est. Cost $32.83 Unrealized -23.5%

NEXA Nexa Resources SA 0.7%

Value ($000) $790 Shares 149,259 Est. Cost $11.66 Unrealized -48.6%

PBR Petroleo Brasileiro SA 0.5%

Value ($000) $584 Shares 82,000 Est. Cost $15.94 Unrealized —

VIST Vista Oil & Gas SAB de CV 0.4%

Value ($000) $399 Shares 177,195 Est. Cost $5.17 Unrealized —

LOMA Loma Negra Cia Industrial Arge 0.3%

Value ($000) $367 Shares 85,173 Est. Cost $4.31 Unrealized —

— IRSA Propiedades Comerciales S 0.3%

Value ($000) $337 Shares 43,355 Est. Cost $55.47 Unrealized —

BWMX Betterware de Mexico SAB de CV 0.1%

Value ($000) $111 Shares 6,112 Est. Cost $9.55 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VALE	Vale SA	1,793,000	$18,970	16.9%	$10.94	—	SPONSORED ADS	91912E105
—	MELI 2 08/15/28	5,000,000	$12,656	11.3%	$1.48	—	NOTE 2.000% 8/1	58733RAD4
TX	Ternium SA	513,700	$9,673	8.6%	$31.45	—	SPONSORED ADS	880890108
LAUR	Laureate Education Inc	703,347	$9,340	8.3%	$12.01	0.0%	CL A	518613203
PAGS	Pagseguro Digital Ltd	225,000	$8,485	7.6%	$38.85	0.0%	COM CL A	G68707101
—	Vale SA	16,000	$8,220	7.3%	—	—	Put	91912E955
—	Arco Platform Ltd	180,199	$7,359	6.6%	$40.84	—	COM CL A	G04553106
SLV	iShares Silver Trust	300,000	$6,492	5.8%	$14.04	—	ISHARES	46428Q109
AGRO	Adecoagro SA	1,346,184	$6,287	5.6%	$6.00	-30.1%	COM	L00849106
BBD	Banco Bradesco SA	1,600,000	$5,488	4.9%	$3.43	—	SP ADR PFD NEW	059460303
—	Petroleo Brasileiro SA	4,000	$5,160	4.6%	—	—	Put	71654V951
ARCO	Arcos Dorados Holdings Inc	995,037	$4,080	3.6%	$3.48	+19.0%	SHS CLASS -A -	G0457F107
—	iShares MSCI Emerging Markets	14,741	$2,978	2.7%	—	—	Put	464286953
—	Cia Brasileira de Distribuicao	217,143	$2,680	2.4%	$12.34	—	SPONSORED ADR	20440T300
IFS	Intercorp Financial Services I	74,213	$1,715	1.5%	$32.83	-23.5%	SHS	P5626F128
NEXA	Nexa Resources SA	149,259	$790	0.7%	$11.66	-48.6%	COM	L67359106
PBR	Petroleo Brasileiro SA	82,000	$584	0.5%	$15.94	—	SPONSORED ADR	71654V408
VIST	Vista Oil & Gas SAB de CV	177,195	$399	0.4%	$5.17	—	Sponsored ADS	92837L109
LOMA	Loma Negra Cia Industrial Arge	85,173	$367	0.3%	$4.31	—	SPONSORED ADS	54150E104
—	IRSA Propiedades Comerciales S	43,355	$337	0.3%	$55.47	—	SPONSORED ADR	463588103
BWMX	Betterware de Mexico SAB de CV	6,112	$111	0.1%	$9.55	0.0%	SHS NEW	P1666E105