Q1 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $75,693,000 | +16.9% | 368,301 | +16.0% | 18.46% | -3.4% |
| IEF | Buy | ISHARES TR7-10 y tr bd etf | $64,855,000 | +13.2% | 587,783 | +8.3% | 15.82% | -6.5% |
| VGK | Buy | VANGUARD INTL EQUITY INDEX Fftse europe etf | $38,221,000 | +6.9% | 787,744 | +9.9% | 9.32% | -11.7% |
| ITUB | Buy | ITAU UNIBANCO HLDG SAspon adr rep pfd | $28,975,000 | +35.0% | 3,373,195 | +2.3% | 7.07% | +11.6% |
| BBD | Buy | BANCO BRADESCO S Asp adr pfd new | $28,709,000 | +76.6% | 3,853,632 | +14.1% | 7.00% | +46.0% |
| TLT | New | ISHARES TR20 yr tr bd etf | $25,273,000 | – | 193,505 | – | 6.16% | – |
| FMX | Sell | FOMENTO ECONOMICO MEXICANO Sspon adr units | $20,624,000 | -6.6% | 214,148 | -10.5% | 5.03% | -22.9% |
| IGOV | New | INTL TREA BD ETFishares tr | $16,296,000 | – | 167,677 | – | 3.98% | – |
| EWJ | Sell | ISHARESmsci japan etf | $15,097,000 | -17.7% | 1,323,173 | -12.5% | 3.68% | -31.9% |
| CX | Buy | CEMEX SAB DE CVspon adr new | $13,725,000 | +82.5% | 1,885,335 | +39.6% | 3.35% | +50.8% |
| EOCCY | Sell | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $11,685,000 | -2.6% | 280,824 | -13.2% | 2.85% | -19.5% |
| AMX | Sell | AMERICA MOVIL SAB DE CV | $11,199,000 | -40.1% | 721,176 | -45.7% | 2.73% | -50.5% |
| ABEV | Buy | AMBEV SAsponsored adr | $8,291,000 | +323.2% | 1,600,635 | +264.3% | 2.02% | +250.0% |
| TV | Sell | GRUPO TELEVISA SAspon adr rep ord | $8,084,000 | -13.9% | 294,408 | -14.7% | 1.97% | -28.8% |
| BSMX | Buy | GRUPO FINANCIERO SANTANDER M | $6,339,000 | +73.9% | 702,091 | +66.9% | 1.55% | +43.7% |
| VIV | Buy | TELEFONICA BRASIL SAsponsored adr | $5,335,000 | +241.8% | 427,200 | +147.1% | 1.30% | +182.2% |
| ENIA | Buy | ENERSIS AMERICAS S Asponsored adr | $4,174,000 | +14.7% | 300,331 | +0.3% | 1.02% | -5.2% |
| ELP | Buy | COMPANHIA PARANAENSE ENERG Cspon adr pfd | $3,682,000 | +129.6% | 465,000 | +70.1% | 0.90% | +89.5% |
| BRFS | Sell | BRF SAsponsored adr | $3,516,000 | -68.2% | 247,300 | -69.1% | 0.86% | -73.7% |
| YPF | Sell | YPF SOCIEDAD ANONIMAspon adr cl d | $2,658,000 | -27.1% | 148,658 | -35.9% | 0.65% | -39.8% |
| GGAL | Sell | GRUPO FINANCIERO GALICIA S Asp adr 10 sh b | $2,527,000 | -35.9% | 89,314 | -38.7% | 0.62% | -47.1% |
| ASR | New | GRUPO AEROPORTUARIO DEL SUREspon adr ser b | $2,166,000 | – | 14,427 | – | 0.53% | – |
| FBR | New | FIBRIA CELULOSE S A | $2,046,000 | – | 241,300 | – | 0.50% | – |
| SQM | Sell | SOCIEDAD QUIMICA MINERA DE Cspon adr ser b | $1,960,000 | +2.2% | 95,399 | -5.5% | 0.48% | -15.5% |
| CPL | New | CPFL ENERGIA S Asponsored adr | $1,862,000 | – | 171,000 | – | 0.45% | – |
| BVN | Sell | COMPANIA DE MINAS BUENAVENTUsponsored adr | $1,673,000 | -39.8% | 227,330 | -65.0% | 0.41% | -50.2% |
| ERJ | Sell | EMBRAER S A | $1,436,000 | -81.5% | 54,500 | -79.3% | 0.35% | -84.8% |
| CNCOY | Buy | CENCOSUD S Asponsored ads | $1,338,000 | +47.2% | 174,301 | +18.5% | 0.33% | +21.6% |
| CIB | Sell | BANCOLOMBIA S Aspon adr pref | $1,316,000 | -9.1% | 38,506 | -28.8% | 0.32% | -24.8% |
| LQD | Buy | ISHARES TRiboxx inv cp etf | $1,075,000 | +80.1% | 9,050 | +72.6% | 0.26% | +48.9% |
| BMA | New | BANCO MACRO SAspon adr b | $65,000 | – | 1,009 | – | 0.02% | – |
| CPAC | New | CEMENTOS PACASMAYO S A Aspon adr rep 5 | $28,000 | – | 3,596 | – | 0.01% | – |
| CBD | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $0 | – | 0 | – | 0.00% | – | |
| OMAB | GRUPO AEROPORTUARIO CTR NORTspon adr | $0 | – | 0 | – | 0.00% | – | |
| BCH | BANCO DE CHILEsponsored adr | $0 | – | 0 | – | 0.00% | – | |
| LTMAQ | LATAM AIRLS GROUP S Asponsored adr | $0 | – | 0 | – | 0.00% | – | |
| PBRA | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $0 | – | 0 | – | 0.00% | – | |
| VALEP | Exit | VALE S Aadr repstg pfd | $0 | – | -56,400 | – | -0.04% | – |
| VALE | Exit | VALE S Aadr | $0 | – | -416,600 | – | -0.40% | – |
| AVHOQ | Exit | AVIANCA HLDGS SAspon adr rep pfd | $0 | – | -665,868 | – | -0.84% | – |
| EEMV | Exit | ISHARESem mk minvol etf | $0 | – | -89,790 | – | -1.29% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $64,723,000 | +18.6% | 317,474 | +11.5% | 19.11% | +14.9% |
| IEF | Sell | ISHARES TR7-10 y tr bd etf | $57,308,000 | -16.3% | 542,750 | -14.5% | 16.92% | -18.9% |
| VGK | Buy | VANGUARD INTL EQUITY INDEX Fftse europe etf | $35,757,000 | +13.6% | 716,870 | +12.0% | 10.56% | +10.0% |
| FMX | Buy | FOMENTO ECONOMICO MEXICANO Sspon adr units | $22,090,000 | +9.9% | 239,206 | +6.2% | 6.52% | +6.4% |
| ITUB | Sell | ITAU UNIBANCO HLDG SAspon adr rep pfd | $21,458,000 | -2.3% | 3,296,295 | -0.7% | 6.34% | -5.4% |
| AMX | Buy | AMERICA MOVIL SAB DE CV | $18,686,000 | +38.1% | 1,329,061 | +62.6% | 5.52% | +33.8% |
| EWJ | Buy | ISHARESmsci japan etf | $18,333,000 | +22.0% | 1,512,697 | +15.1% | 5.41% | +18.2% |
| BBD | Buy | BANCO BRADESCO S Asp adr pfd new | $16,252,000 | -5.5% | 3,378,832 | +5.4% | 4.80% | -8.4% |
| EOCCY | Buy | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $11,994,000 | +49.3% | 323,640 | +43.1% | 3.54% | +44.6% |
| BRFS | Sell | BRF SAsponsored adr | $11,064,000 | -31.9% | 800,600 | -12.3% | 3.27% | -34.0% |
| TV | Buy | GRUPO TELEVISA SAspon adr rep ord | $9,387,000 | +46.4% | 344,990 | +40.0% | 2.77% | +41.8% |
| ERJ | Buy | EMBRAER S A | $7,783,000 | +52.5% | 263,500 | +32.0% | 2.30% | +47.7% |
| CX | Buy | CEMEX SAB DE CVspon adr new | $7,520,000 | +14.1% | 1,350,222 | +43.3% | 2.22% | +10.6% |
| EEMV | Buy | ISHARESem mk minvol etf | $4,369,000 | +106.4% | 89,790 | +111.3% | 1.29% | +100.0% |
| GGAL | New | GRUPO FINANCIERO GALICIA S Asp adr 10 sh b | $3,942,000 | – | 145,600 | – | 1.16% | – |
| YPF | Buy | YPF SOCIEDAD ANONIMAspon adr cl d | $3,645,000 | +142.2% | 231,900 | +134.7% | 1.08% | +134.4% |
| BSMX | Buy | GRUPO FINANCIERO SANTANDER M | $3,646,000 | +84.1% | 420,600 | +55.9% | 1.08% | +78.1% |
| ENIA | Buy | ENERSIS S Asponsored adr | $3,638,000 | +34.7% | 299,455 | +40.2% | 1.07% | +30.5% |
| AVHOQ | Buy | AVIANCA HLDGS SAspon adr rep pfd | $2,843,000 | +28.3% | 665,868 | +42.4% | 0.84% | +24.3% |
| BVN | Buy | COMPANIA DE MINAS BUENAVENTUsponsored adr | $2,779,000 | +15.5% | 649,400 | +60.8% | 0.82% | +11.7% |
| ABEV | Sell | AMBEV SAsponsored adr | $1,959,000 | -48.6% | 439,335 | -43.5% | 0.58% | -50.2% |
| SQM | New | SOCIEDAD QUIMICA MINERA DE Cspon adr ser b | $1,918,000 | – | 100,900 | – | 0.57% | – |
| ELP | Buy | COMPANHIA PARANAENSE ENERG Cspon adr pfd | $1,604,000 | +99.5% | 273,300 | +179.2% | 0.47% | +93.5% |
| VIV | Sell | TELEFONICA BRASIL SAsponsored adr | $1,561,000 | -43.8% | 172,900 | -43.2% | 0.46% | -45.5% |
| CIB | Sell | BANCOLOMBIA S Aspon adr pref | $1,447,000 | -25.3% | 54,118 | -10.1% | 0.43% | -27.7% |
| VALE | Sell | VALE S Aadr | $1,370,000 | -25.6% | 416,600 | -4.9% | 0.40% | -28.0% |
| CNCOY | Buy | CENCOSUD S Asponsored ads | $909,000 | +9.8% | 147,102 | +3.8% | 0.27% | +6.3% |
| LQD | New | ISHARES TRiboxx inv cp etf | $597,000 | – | 5,243 | – | 0.18% | – |
| VALEP | Sell | VALE S Aadr repstg pfd | $143,000 | -93.1% | 56,400 | -90.9% | 0.04% | -93.4% |
| OMAB | GRUPO AEROPORTUARIO CTR NORTspon adr | $0 | – | 0 | – | 0.00% | – | |
| CBD | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $0 | – | 0 | – | 0.00% | – | |
| LTMAQ | LATAM AIRLS GROUP S Asponsored adr | $0 | – | 0 | – | 0.00% | – | |
| PBRA | Sell | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $0 | -100.0% | 0 | -100.0% | 0.00% | -100.0% |
| BCH | Sell | BANCO DE CHILEsponsored adr | $0 | -100.0% | 0 | -100.0% | 0.00% | -100.0% |
| PBR | Exit | PETROLEO BRASILEIRO SA PETROsponsored adr | $0 | – | -11,480 | – | -0.02% | – |
| TSU | Exit | TIM PARTICIPACOES S Asponsored adr | $0 | – | -160,779 | – | -0.46% | – |
| RWO | Exit | SPDR INDEX SHS FDSdj glb rl es etf | $0 | – | -79,796 | – | -1.10% | – |
| UGP | Exit | ULTRAPAR PARTICIPACOES S A | $0 | – | -250,048 | – | -1.27% | – |
| BSAC | Exit | BANCO SANTANDER CHILE NEW | $0 | – | -275,565 | – | -1.53% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IEF | Buy | ISHARES TR7-10 y tr bd etf | $68,470,000 | +83.7% | 634,741 | +78.9% | 20.87% | +101.6% |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $54,582,000 | +7.3% | 284,831 | +15.3% | 16.64% | +17.8% |
| VGK | Buy | VANGUARD INTL EQUITY INDEX Fftse europe etf | $31,479,000 | +13.2% | 640,068 | +24.2% | 9.60% | +24.2% |
| ITUB | Buy | ITAU UNIBANCO HLDG SAspon adr rep pfd | $21,973,000 | -38.4% | 3,319,224 | +1.8% | 6.70% | -32.4% |
| FMX | Sell | FOMENTO ECONOMICO MEXICANO Sspon adr units | $20,107,000 | -0.2% | 225,288 | -0.4% | 6.13% | +9.5% |
| BBD | Buy | BANCO BRADESCO S Asp adr pfd new | $17,189,000 | -33.8% | 3,206,857 | +13.2% | 5.24% | -27.3% |
| BRFS | Buy | BRF SAsponsored adr | $16,240,000 | -5.6% | 912,869 | +11.0% | 4.95% | +3.6% |
| EWJ | Buy | ISHARESmsci japan etf | $15,021,000 | -4.6% | 1,314,189 | +6.9% | 4.58% | +4.7% |
| AMX | Buy | AMERICA MOVIL SAB DE CV | $13,531,000 | -18.8% | 817,561 | +4.5% | 4.12% | -10.9% |
| EOCCY | Buy | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $8,031,000 | +25.8% | 226,173 | +46.8% | 2.45% | +38.1% |
| CX | Sell | CEMEX SAB DE CVspon adr new | $6,588,000 | -62.8% | 942,522 | -51.3% | 2.01% | -59.2% |
| TV | Sell | GRUPO TELEVISA SAspon adr rep ord | $6,411,000 | -57.9% | 246,390 | -37.1% | 1.95% | -53.8% |
| ERJ | Buy | EMBRAER S A | $5,105,000 | +26.0% | 199,570 | +49.2% | 1.56% | +38.3% |
| BSAC | New | BANCO SANTANDER CHILE NEW | $5,021,000 | – | 275,565 | – | 1.53% | – |
| UGP | Buy | ULTRAPAR PARTICIPACOES S A | $4,181,000 | +3.8% | 250,048 | +30.4% | 1.27% | +13.9% |
| ABEV | Sell | AMBEV SAsponsored adr | $3,808,000 | -51.6% | 777,040 | -39.7% | 1.16% | -46.8% |
| RWO | New | SPDR INDEX SHS FDSdj glb rl es etf | $3,604,000 | – | 79,796 | – | 1.10% | – |
| VIV | Buy | TELEFONICA BRASIL SAsponsored adr | $2,777,000 | +4949.1% | 304,170 | +7542.5% | 0.85% | +5540.0% |
| ENIA | New | ENERSIS S Asponsored adr | $2,701,000 | – | 213,652 | – | 0.82% | – |
| BVN | Buy | COMPANIA DE MINAS BUENAVENTUsponsored adr | $2,407,000 | +37.8% | 403,800 | +139.9% | 0.73% | +51.3% |
| AVHOQ | Sell | AVIANCA HLDGS SAspon adr rep pfd | $2,216,000 | -62.9% | 467,468 | -19.9% | 0.68% | -59.3% |
| EEMV | Buy | ISHARESem mk minvol etf | $2,117,000 | -9.8% | 42,494 | +4.4% | 0.64% | -1.1% |
| VALEP | Buy | VALE S Aadr repstg pfd | $2,087,000 | -10.9% | 623,056 | +34.4% | 0.64% | -2.2% |
| BSMX | Sell | GRUPO FINANCIERO SANTANDER M | $1,980,000 | -55.1% | 269,791 | -44.0% | 0.60% | -50.7% |
| CIB | New | BANCOLOMBIA S Aspon adr pref | $1,938,000 | – | 60,200 | – | 0.59% | – |
| BCH | Sell | BANCO DE CHILEsponsored adr | $1,868,000 | -21.5% | 29,745 | -18.3% | 0.57% | -13.9% |
| VALE | New | VALE S Aadr | $1,841,000 | – | 438,264 | – | 0.56% | – |
| TSU | New | TIM PARTICIPACOES S Asponsored adr | $1,519,000 | – | 160,779 | – | 0.46% | – |
| YPF | Buy | YPF SOCIEDAD ANONIMAspon adr cl d | $1,505,000 | +45.6% | 98,800 | +162.1% | 0.46% | +59.9% |
| CNCOY | Sell | CENCOSUD S Asponsored ads | $828,000 | -57.0% | 141,705 | -46.9% | 0.25% | -52.9% |
| ELP | Sell | COMPANHIA PARANAENSE ENERG Cspon adr pfd | $804,000 | -26.2% | 97,900 | -1.1% | 0.24% | -18.9% |
| PBRA | Sell | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $90,000 | -96.8% | 24,423 | -92.9% | 0.03% | -96.5% |
| PBR | Sell | PETROLEO BRASILEIRO SA PETROsponsored adr | $50,000 | -97.4% | 11,480 | -94.5% | 0.02% | -97.2% |
| LTMAQ | New | LATAM AIRLS GROUP S Asponsored adr | $0 | – | 0 | – | 0.00% | – |
| OMAB | New | GRUPO AEROPORTUARIO CTR NORTspon adr | $0 | – | 0 | – | 0.00% | – |
| CBD | Sell | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $0 | -100.0% | 0 | -100.0% | 0.00% | -100.0% |
| SCCO | Exit | SOUTHERN COPPER CORP | $0 | – | -105,700 | – | -0.86% | – |
| CPL | Exit | CPFL ENERGIA S Asponsored adr | $0 | – | -269,043 | – | -0.92% | – |
| TLT | Exit | ISHARES TR20+ yr tr bd etf | $0 | – | -178,063 | – | -5.81% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | New | SPDR S&P 500 ETF TRtr unit | $50,867,000 | – | 247,105 | – | 14.13% | – |
| IEF | New | ISHARES TR7-10 y tr bd etf | $37,267,000 | – | 354,888 | – | 10.35% | – |
| ITUB | New | ITAU UNIBANCO HLDG SAspon adr rep pfd | $35,696,000 | – | 3,259,951 | – | 9.91% | – |
| VGK | New | VANGUARD INTL EQUITY INDEX Fftse europe etf | $27,810,000 | – | 515,195 | – | 7.72% | – |
| BBD | New | BANCO BRADESCO S Asp adr pfd new | $25,959,000 | – | 2,833,944 | – | 7.21% | – |
| TLT | New | ISHARES TR20+ yr tr bd etf | $20,915,000 | – | 178,063 | – | 5.81% | – |
| FMX | New | FOMENTO ECONOMICO MEXICANO Sspon adr units | $20,153,000 | – | 226,206 | – | 5.60% | – |
| CX | New | CEMEX SAB DE CVspon adr new | $17,716,000 | – | 1,934,010 | – | 4.92% | – |
| BRFS | New | BRF SAsponsored adr | $17,197,000 | – | 822,410 | – | 4.78% | – |
| AMX | New | AMERICA MOVIL SAB DE CV | $16,668,000 | – | 782,161 | – | 4.63% | – |
| EWJ | New | ISHARESmsci japan etf | $15,745,000 | – | 1,229,112 | – | 4.37% | – |
| TV | New | GRUPO TELEVISA SAspon adr rep ord | $15,213,000 | – | 391,890 | – | 4.22% | – |
| ABEV | New | AMBEV SAsponsored adr | $7,862,000 | – | 1,288,867 | – | 2.18% | – |
| EOCCY | New | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $6,385,000 | – | 154,040 | – | 1.77% | – |
| AVHOQ | New | AVIANCA HLDGS SAspon adr rep pfd | $5,973,000 | – | 583,279 | – | 1.66% | – |
| BSMX | New | GRUPO FINANCIERO SANTANDER M | $4,407,000 | – | 481,676 | – | 1.22% | – |
| ERJ | New | EMBRAER S A | $4,052,000 | – | 133,769 | – | 1.12% | – |
| UGP | New | ULTRAPAR PARTICIPACOES S A | $4,029,000 | – | 191,688 | – | 1.12% | – |
| CPL | New | CPFL ENERGIA S Asponsored adr | $3,296,000 | – | 269,043 | – | 0.92% | – |
| SCCO | New | SOUTHERN COPPER CORP | $3,109,000 | – | 105,700 | – | 0.86% | – |
| PBRA | New | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $2,813,000 | – | 344,787 | – | 0.78% | – |
| BCH | New | BANCO DE CHILEsponsored adr | $2,380,000 | – | 36,393 | – | 0.66% | – |
| EEMV | New | ISHARESem mk minvol etf | $2,347,000 | – | 40,696 | – | 0.65% | – |
| VALEP | New | VALE S Aadr repstg pfd | $2,341,000 | – | 463,573 | – | 0.65% | – |
| CBD | New | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $2,086,000 | – | 88,146 | – | 0.58% | – |
| CNCOY | New | CENCOSUD S Asponsored ads | $1,925,000 | – | 267,002 | – | 0.54% | – |
| PBR | New | PETROLEO BRASILEIRO SA PETROsponsored adr | $1,906,000 | – | 210,556 | – | 0.53% | – |
| BVN | New | COMPANIA DE MINAS BUENAVENTUsponsored adr | $1,747,000 | – | 168,300 | – | 0.48% | – |
| ELP | New | COMPANHIA PARANAENSE ENERG Cspon adr pfd | $1,089,000 | – | 99,000 | – | 0.30% | – |
| YPF | New | YPF SOCIEDAD ANONIMAspon adr cl d | $1,034,000 | – | 37,700 | – | 0.29% | – |
| VIV | New | TELEFONICA BRASIL SAsponsored adr | $55,000 | – | 3,980 | – | 0.02% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DBD | Exit | DIEBOLD INC | $0 | – | 0 | – | 0.00% | – |
| TDC | Exit | TERADATA CORP DEL | $0 | – | 0 | – | 0.00% | – |
| GNCIQ | Exit | GNC HLDGS INC | $0 | – | -900 | – | -0.01% | – |
| BC | Exit | BRUNSWICK CORP | $0 | – | -1,300 | – | -0.01% | – |
| SRE | Exit | SEMPRA ENERGY | $0 | – | -600 | – | -0.01% | – |
| MON | Exit | MONSANTO CO NEW | $0 | – | -600 | – | -0.02% | – |
| MG | Exit | MISTRAS GROUP INC | $0 | – | -3,300 | – | -0.02% | – |
| XSD | Exit | SPDR SERIES TRUSTs&p semicndctr | $0 | – | -1,000 | – | -0.02% | – |
| APH | Exit | AMPHENOL CORP NEWcl a | $0 | – | -750 | – | -0.02% | – |
| MRC | Exit | MRC GLOBAL INC | $0 | – | -3,100 | – | -0.02% | – |
| BRSS | Exit | GLOBAL BRASS & COPPR HLDGS I | $0 | – | -6,000 | – | -0.02% | – |
| V | Exit | VISA INC | $0 | – | -400 | – | -0.02% | – |
| NKE | Exit | NIKE INCcl b | $0 | – | -1,000 | – | -0.02% | – |
| FCX | Exit | FREEPORT-MCMORAN INCcl b | $0 | – | -3,000 | – | -0.02% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -2,832 | – | -0.02% | – |
| LH | Exit | LABORATORY CORP AMER HLDGS | $0 | – | -1,100 | – | -0.02% | – |
| NCS | Exit | NCI BUILDING SYS INC | $0 | – | -6,400 | – | -0.03% | – |
| TIF | Exit | TIFFANY & CO NEW | $0 | – | -1,300 | – | -0.03% | – |
| YUM | Exit | YUM BRANDS INC | $0 | – | -1,800 | – | -0.03% | – |
| AZZ | Exit | AZZ INC | $0 | – | -3,310 | – | -0.03% | – |
| FOXA | Exit | TWENTY FIRST CENTY FOX INCcl a | $0 | – | -4,000 | – | -0.03% | – |
| DLTR | Exit | DOLLAR TREE INC | $0 | – | -2,500 | – | -0.03% | – |
| FRC | Exit | FIRST REP BK SAN FRANCISCO C | $0 | – | -2,900 | – | -0.03% | – |
| SF | Exit | STIFEL FINL CORP | $0 | – | -3,050 | – | -0.03% | – |
| ERJ | Exit | EMBRAER S A | $0 | – | -3,604 | – | -0.03% | – |
| FRM | Exit | FURMANITE CORPORATION | $0 | – | -20,900 | – | -0.03% | – |
| GM | Exit | GENERAL MTRS CO | $0 | – | -4,700 | – | -0.03% | – |
| OIS | Exit | OIL STS INTL INC | $0 | – | -2,500 | – | -0.03% | – |
| CHS | Exit | CHICOS FAS INC | $0 | – | -10,400 | – | -0.03% | – |
| UHAL | Exit | AMERCO | $0 | – | -600 | – | -0.04% | – |
| HD | Exit | HOME DEPOT INC | $0 | – | -1,800 | – | -0.04% | – |
| GOOGL | Exit | GOOGLE INCcl a | $0 | – | -300 | – | -0.04% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -900 | – | -0.04% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -3,400 | – | -0.04% | – |
| TSS | Exit | TOTAL SYS SVCS INC | $0 | – | -6,075 | – | -0.04% | – |
| KO | Exit | COCA COLA CO | $0 | – | -4,400 | – | -0.04% | – |
| VZ | Exit | VERIZON COMMUNICATIONS INC | $0 | – | -3,800 | – | -0.04% | – |
| ROST | Exit | ROSS STORES INC | $0 | – | -2,500 | – | -0.04% | – |
| BA | Exit | BOEING CO | $0 | – | -1,500 | – | -0.04% | – |
| MTZ | Exit | MASTEC INC | $0 | – | -6,500 | – | -0.04% | – |
| INT | Exit | WORLD FUEL SVCS CORP | $0 | – | -5,100 | – | -0.04% | – |
| KR | Exit | KROGER CO | $0 | – | -3,900 | – | -0.04% | – |
| DKS | Exit | DICKS SPORTING GOODS INC | $0 | – | -4,800 | – | -0.05% | – |
| CAT | Exit | CATERPILLAR INC DEL | $0 | – | -2,100 | – | -0.05% | – |
| AAP | Exit | ADVANCE AUTO PARTS INC | $0 | – | -1,625 | – | -0.05% | – |
| POT | Exit | POTASH CORP SASK INC | $0 | – | -6,231 | – | -0.05% | – |
| QCOM | Exit | QUALCOMM INC | $0 | – | -2,900 | – | -0.05% | – |
| KEY | Exit | KEYCORP NEW | $0 | – | -16,600 | – | -0.05% | – |
| GPN | Exit | GLOBAL PMTS INC | $0 | – | -3,525 | – | -0.05% | – |
| DAR | Exit | DARLING INGREDIENTS INC | $0 | – | -13,400 | – | -0.05% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -3,200 | – | -0.06% | – |
| ROC | Exit | ROCKWOOD HLDGS INC | $0 | – | -3,400 | – | -0.06% | – |
| FDX | Exit | FEDEX CORP | $0 | – | -1,600 | – | -0.06% | – |
| GE | Exit | GENERAL ELECTRIC CO | $0 | – | -10,400 | – | -0.06% | – |
| APC | Exit | ANADARKO PETE CORP | $0 | – | -2,700 | – | -0.06% | – |
| DIS | Exit | DISNEY WALT CO | $0 | – | -3,100 | – | -0.06% | – |
| BRKB | Exit | BERKSHIRE HATHAWAY INC DELcl b new | $0 | – | -2,100 | – | -0.06% | – |
| DVN | Exit | DEVON ENERGY CORP NEW | $0 | – | -4,400 | – | -0.07% | – |
| HPQ | Exit | HEWLETT PACKARD CO | $0 | – | -9,500 | – | -0.07% | – |
| KRE | Exit | SPDR SERIES TRUSTs&p regl bkg | $0 | – | -8,850 | – | -0.07% | – |
| WU | Exit | WESTERN UN CO | $0 | – | -21,675 | – | -0.08% | – |
| SCHW | Exit | SCHWAB CHARLES CORP NEW | $0 | – | -12,200 | – | -0.08% | – |
| MSM | Exit | MSC INDL DIRECT INCcl a | $0 | – | -4,225 | – | -0.08% | – |
| TXN | Exit | TEXAS INSTRS INC | $0 | – | -7,900 | – | -0.08% | – |
| UNH | Exit | UNITEDHEALTH GROUP INC | $0 | – | -4,600 | – | -0.09% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -3,400 | – | -0.09% | – |
| EMC | Exit | E M C CORP MASS | $0 | – | -14,000 | – | -0.09% | – |
| BHI | Exit | BAKER HUGHES INC | $0 | – | -6,300 | – | -0.09% | – |
| CSX | Exit | CSX CORP | $0 | – | -13,100 | – | -0.09% | – |
| SLB | Exit | SCHLUMBERGER LTD | $0 | – | -4,200 | – | -0.09% | – |
| AXP | Exit | AMERICAN EXPRESS CO | $0 | – | -4,900 | – | -0.09% | – |
| BSBR | Exit | BANCO SANTANDER BRASIL S Aads rep 1 unit | $0 | – | -66,019 | – | -0.10% | – |
| OXY | Exit | OCCIDENTAL PETE CORP DEL | $0 | – | -4,600 | – | -0.10% | – |
| CNP | Exit | CENTERPOINT ENERGY INC | $0 | – | -18,525 | – | -0.10% | – |
| BUD | Exit | ANHEUSER BUSCH INBEV SA/NVsponsored adr | $0 | – | -4,127 | – | -0.10% | – |
| PFE | Exit | PFIZER INC | $0 | – | -15,400 | – | -0.10% | – |
| WFC | Exit | WELLS FARGO & CO NEW | $0 | – | -9,350 | – | -0.11% | – |
| CFN | Exit | CAREFUSION CORP | $0 | – | -10,800 | – | -0.11% | – |
| PG | Exit | PROCTER & GAMBLE CO | $0 | – | -5,900 | – | -0.11% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -8,700 | – | -0.12% | – |
| DVA | Exit | DAVITA HEALTHCARE PARTNERS I | $0 | – | -7,350 | – | -0.12% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -11,600 | – | -0.12% | – |
| BR | Exit | BROADRIDGE FINL SOLUTIONS IN | $0 | – | -14,400 | – | -0.13% | – |
| MRK | Exit | MERCK & CO INC NEW | $0 | – | -10,500 | – | -0.14% | – |
| C | Exit | CITIGROUP INC | $0 | – | -12,600 | – | -0.14% | – |
| HON | Exit | HONEYWELL INTL INC | $0 | – | -7,400 | – | -0.15% | – |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -8,800 | – | -0.16% | – |
| OMAB | Exit | GRUPO AEROPORTUARIO CTR NORTspon adr | $0 | – | -27,287 | – | -0.21% | – |
| AAPL | Exit | APPLE INC | $0 | – | -10,500 | – | -0.23% | – |
| AUY | Exit | YAMANA GOLD INC | $0 | – | -236,400 | – | -0.31% | – |
| GRAM | Exit | GRANA Y MONTERO S A Asponsored adr | $0 | – | -202,309 | – | -0.67% | – |
| CPA | Exit | COPA HOLDINGS SAcl a | $0 | – | -34,400 | – | -0.81% | – |
| EOCCY | Exit | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $0 | – | -95,595 | – | -0.92% | – |
| TSU | Exit | TIM PARTICIPACOES S Asponsored adr | $0 | – | -167,242 | – | -0.96% | – |
| GGB | Exit | GERDAU S Aspon adr rep pfd | $0 | – | -978,538 | – | -1.03% | – |
| YPF | Exit | YPF SOCIEDAD ANONIMAspon adr cl d | $0 | – | -175,500 | – | -1.43% | – |
| VALE | Exit | VALE S Aadr | $0 | – | -622,237 | – | -1.51% | – |
| VIV | Exit | TELEFONICA BRASIL SAsponsored adr | $0 | – | -348,665 | – | -1.51% | – |
| CIB | Exit | BANCOLOMBIA S Aspon adr pref | $0 | – | -124,015 | – | -1.55% | – |
| BCH | Exit | BANCO DE CHILEsponsored adr | $0 | – | -96,408 | – | -1.57% | – |
| AVHOQ | Exit | AVIANCA HLDGS SAspon adr rep pfd | $0 | – | -629,986 | – | -1.90% | – |
| UGP | Exit | ULTRAPAR PARTICIPACOES S A | $0 | – | -423,189 | – | -1.96% | – |
| LTMAQ | Exit | LATAM AIRLS GROUP S Asponsored adr | $0 | – | -829,906 | – | -2.08% | – |
| VALEP | Exit | VALE S Aadr repstg pfd | $0 | – | -1,059,974 | – | -2.26% | – |
| GTE | Exit | GRAN TIERRA ENERGY INC | $0 | – | -1,875,000 | – | -2.28% | – |
| CBD | Exit | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $0 | – | -267,139 | – | -2.56% | – |
| ABEV | Exit | AMBEV SAsponsored adr | $0 | – | -1,796,538 | – | -2.59% | – |
| TV | Exit | GRUPO TELEVISA SAspon adr rep ord | $0 | – | -350,650 | – | -2.61% | – |
| CZZ | Exit | COSAN LTD | $0 | – | -1,134,818 | – | -2.68% | – |
| BAP | Exit | CREDICORP LTD | $0 | – | -114,623 | – | -3.87% | – |
| FMX | Exit | FOMENTO ECONOMICO MEXICANO Sspon adr units | $0 | – | -200,827 | – | -4.06% | – |
| BRFS | Exit | BRF SAsponsored adr | $0 | – | -781,067 | – | -4.09% | – |
| PBR | Exit | PETROLEO BRASILEIRO SA PETROsponsored adr | $0 | – | -1,395,970 | – | -4.36% | – |
| PBRA | Exit | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $0 | – | -1,493,989 | – | -4.89% | – |
| CX | Exit | CEMEX SAB DE CVspon adr new | $0 | – | -1,966,648 | – | -5.64% | – |
| AMX | Exit | AMERICA MOVIL SAB DE CV | $0 | – | -1,153,298 | – | -6.39% | – |
| SPY | Exit | SPDR S&P 500 ETF TRtr unit | $0 | – | -164,546 | – | -7.13% | – |
| BBD | Exit | BANCO BRADESCO S Asp adr pfd new | $0 | – | -3,052,128 | – | -9.56% | – |
| ITUB | Exit | ITAU UNIBANCO HLDG SAspon adr rep pfd | $0 | – | -3,718,251 | – | -11.35% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ITUB | Buy | ITAU UNIBANCO HLDG SAspon adr rep pfd | $51,609,000 | +21.3% | 3,718,251 | +25.7% | 11.35% | -0.6% |
| BBD | Buy | BANCO BRADESCO S Asp adr pfd new | $43,493,000 | +60.6% | 3,052,128 | +63.7% | 9.56% | +31.6% |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $32,419,000 | +52.4% | 164,546 | +51.4% | 7.13% | +24.8% |
| AMX | Sell | AMERICA MOVIL SAB DE CV | $29,063,000 | +17.9% | 1,153,298 | -3.0% | 6.39% | -3.5% |
| CX | Buy | CEMEX SAB DE CVspon adr new | $25,645,000 | +64.0% | 1,966,648 | +66.4% | 5.64% | +34.3% |
| PBRA | Buy | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $22,245,000 | +10.8% | 1,493,989 | +16.4% | 4.89% | -9.2% |
| PBR | Buy | PETROLEO BRASILEIRO SA PETROsponsored adr | $19,809,000 | +233.4% | 1,395,970 | +243.7% | 4.36% | +173.0% |
| BRFS | Buy | BRF SAsponsored adr | $18,582,000 | +61.8% | 781,067 | +65.4% | 4.09% | +32.6% |
| FMX | Buy | FOMENTO ECONOMICO MEXICANO Sspon adr units | $18,486,000 | +220.3% | 200,827 | +225.9% | 4.06% | +162.4% |
| BAP | Buy | CREDICORP LTD | $17,582,000 | +65.5% | 114,623 | +67.8% | 3.87% | +35.6% |
| CZZ | Buy | COSAN LTD | $12,211,000 | +8.5% | 1,134,818 | +36.8% | 2.68% | -11.1% |
| TV | Buy | GRUPO TELEVISA SAspon adr rep ord | $11,880,000 | +2.3% | 350,650 | +3.6% | 2.61% | -16.2% |
| ABEV | Sell | AMBEV SAsponsored adr | $11,767,000 | -14.6% | 1,796,538 | -8.2% | 2.59% | -30.0% |
| CBD | Buy | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $11,650,000 | +116.4% | 267,139 | +129.9% | 2.56% | +77.2% |
| GTE | Buy | GRAN TIERRA ENERGY INC | $10,388,000 | +74.9% | 1,875,000 | +156.3% | 2.28% | +43.3% |
| VALEP | Sell | VALE S Aadr repstg pfd | $10,292,000 | -45.1% | 1,059,974 | -32.8% | 2.26% | -55.1% |
| LTMAQ | Buy | LATAM AIRLS GROUP S Asponsored adr | $9,436,000 | +43.3% | 829,906 | +69.2% | 2.08% | +17.4% |
| UGP | Buy | ULTRAPAR PARTICIPACOES S A | $8,938,000 | +87.6% | 423,189 | +109.6% | 1.96% | +53.6% |
| AVHOQ | Buy | AVIANCA HLDGS SAspon adr rep pfd | $8,643,000 | +55.9% | 629,986 | +82.4% | 1.90% | +27.7% |
| BCH | Buy | BANCO DE CHILEsponsored adr | $7,131,000 | +93.1% | 96,408 | +109.1% | 1.57% | +58.2% |
| CIB | Buy | BANCOLOMBIA S Aspon adr pref | $7,034,000 | +31.1% | 124,015 | +33.6% | 1.55% | +7.4% |
| VIV | Sell | TELEFONICA BRASIL SAsponsored adr | $6,862,000 | -22.8% | 348,665 | -19.5% | 1.51% | -36.7% |
| VALE | Buy | VALE S Aadr | $6,851,000 | +73.3% | 622,237 | +108.2% | 1.51% | +41.9% |
| YPF | Buy | YPF SOCIEDAD ANONIMAspon adr cl d | $6,492,000 | +14.8% | 175,500 | +1.4% | 1.43% | -6.0% |
| GGB | Sell | GERDAU S Aspon adr rep pfd | $4,697,000 | -22.8% | 978,538 | -5.3% | 1.03% | -36.8% |
| TSU | New | TIM PARTICIPACOES S Asponsored adr | $4,382,000 | – | 167,242 | – | 0.96% | – |
| EOCCY | Sell | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $4,202,000 | -59.5% | 95,595 | -58.3% | 0.92% | -66.8% |
| CPA | New | COPA HOLDINGS SAcl a | $3,691,000 | – | 34,400 | – | 0.81% | – |
| GRAM | Sell | GRANA Y MONTERO S A Asponsored adr | $3,039,000 | -36.9% | 202,309 | -24.3% | 0.67% | -48.3% |
| AUY | Sell | YAMANA GOLD INC | $1,418,000 | -49.4% | 236,400 | -30.7% | 0.31% | -58.5% |
| OMAB | Buy | GRUPO AEROPORTUARIO CTR NORTspon adr | $964,000 | +21.7% | 27,287 | +11.1% | 0.21% | -0.5% |
| COF | Sell | CAPITAL ONE FINL CORP | $718,000 | -9.5% | 8,800 | -8.3% | 0.16% | -25.8% |
| BR | Sell | BROADRIDGE FINL SOLUTIONS IN | $599,000 | -11.3% | 14,400 | -11.1% | 0.13% | -27.1% |
| DVA | Sell | DAVITA HEALTHCARE PARTNERS I | $538,000 | -5.3% | 7,350 | -6.4% | 0.12% | -22.4% |
| CFN | Sell | CAREFUSION CORP | $489,000 | -3.4% | 10,800 | -5.3% | 0.11% | -20.6% |
| CNP | Sell | CENTERPOINT ENERGY INC | $453,000 | -27.4% | 18,525 | -24.2% | 0.10% | -40.1% |
| BSBR | Sell | BANCO SANTANDER BRASIL S Aads rep 1 unit | $432,000 | -92.3% | 66,019 | -91.9% | 0.10% | -93.7% |
| UNH | Buy | UNITEDHEALTH GROUP INC | $397,000 | +111.2% | 4,600 | +100.0% | 0.09% | +74.0% |
| WU | Sell | WESTERN UN CO | $348,000 | -36.0% | 21,675 | -30.9% | 0.08% | -47.3% |
| APC | Sell | ANADARKO PETE CORP | $274,000 | -32.3% | 2,700 | -27.0% | 0.06% | -45.0% |
| CVS | Buy | CVS HEALTH CORP | $255,000 | +99.2% | 3,200 | +88.2% | 0.06% | +64.7% |
| GPN | Sell | GLOBAL PMTS INC | $246,000 | -18.3% | 3,525 | -14.5% | 0.05% | -33.3% |
| KEY | Sell | KEYCORP NEW | $221,000 | -29.8% | 16,600 | -24.5% | 0.05% | -42.4% |
| AAP | Sell | ADVANCE AUTO PARTS INC | $212,000 | -18.5% | 1,625 | -15.6% | 0.05% | -32.9% |
| CAT | Sell | CATERPILLAR INC DEL | $208,000 | -31.6% | 2,100 | -25.0% | 0.05% | -43.9% |
| KR | Buy | KROGER CO | $203,000 | +194.2% | 3,900 | +178.6% | 0.04% | +136.8% |
| MTZ | Buy | MASTEC INC | $199,000 | +84.3% | 6,500 | +85.7% | 0.04% | +51.7% |
| TSS | Sell | TOTAL SYS SVCS INC | $188,000 | -23.9% | 6,075 | -22.9% | 0.04% | -37.9% |
| UHAL | Sell | AMERCO | $157,000 | -40.1% | 600 | -33.3% | 0.04% | -50.0% |
| FRM | Buy | FURMANITE CORPORATION | $141,000 | -18.0% | 20,900 | +41.2% | 0.03% | -32.6% |
| ERJ | Sell | EMBRAER S A | $141,000 | -97.7% | 3,604 | -97.8% | 0.03% | -98.1% |
| FRC | Buy | FIRST REP BK SAN FRANCISCO C | $143,000 | +8.3% | 2,900 | +20.8% | 0.03% | -11.4% |
| AZZ | Sell | AZZ INC | $138,000 | -38.9% | 3,310 | -32.6% | 0.03% | -50.8% |
| TIF | Sell | TIFFANY & CO NEW | $125,000 | -43.4% | 1,300 | -40.9% | 0.03% | -54.2% |
| NCS | Sell | NCI BUILDING SYS INC | $124,000 | -50.6% | 6,400 | -50.4% | 0.03% | -59.7% |
| NKE | Sell | NIKE INCcl b | $89,000 | -39.5% | 1,000 | -47.4% | 0.02% | -48.7% |
| BRSS | Sell | GLOBAL BRASS & COPPR HLDGS I | $88,000 | -30.7% | 6,000 | -20.0% | 0.02% | -44.1% |
| MG | Buy | MISTRAS GROUP INC | $67,000 | +71.8% | 3,300 | +106.2% | 0.02% | +50.0% |
| BC | Sell | BRUNSWICK CORP | $55,000 | -31.2% | 1,300 | -31.6% | 0.01% | -42.9% |
| GNCIQ | New | GNC HLDGS INC | $35,000 | – | 900 | – | 0.01% | – |
| DBD | DIEBOLD INC | $0 | – | 0 | – | 0.00% | – | |
| TDC | TERADATA CORP DEL | $0 | – | 0 | – | 0.00% | – | |
| OCN | Exit | OCWEN FINL CORP | $0 | – | -1,900 | – | -0.02% | – |
| HMSY | Exit | HMS HLDGS CORP | $0 | – | -3,900 | – | -0.02% | – |
| CIG | Exit | COMPANHIA ENERGETICA DE MINAsp adr n-v pfd | $0 | – | -11,418 | – | -0.02% | – |
| URI | Exit | UNITED RENTALS INC | $0 | – | -2,200 | – | -0.06% | – |
| BBBY | Exit | BED BATH & BEYOND INC | $0 | – | -5,900 | – | -0.09% | – |
| FCFS | Exit | FIRST CASH FINL SVCS INC | $0 | – | -6,700 | – | -0.10% | – |
| BVN | Exit | COMPANIA DE MINAS BUENAVENTUsponsored adr | $0 | – | -144,071 | – | -0.46% | – |
| SCCO | Exit | SOUTHERN COPPER CORP | $0 | – | -87,700 | – | -0.72% | – |
| VGK | Exit | VANGUARD INTL EQUITY INDEX Fftse europe etf | $0 | – | -161,000 | – | -2.59% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ITUB | New | ITAU UNIBANCO HLDG SAspon adr rep pfd | $42,548,000 | – | 2,958,851 | – | 11.42% | – |
| BBD | New | BANCO BRADESCO S Asp adr pfd new | $27,077,000 | – | 1,864,786 | – | 7.27% | – |
| AMX | New | AMERICA MOVIL SAB DE CV | $24,659,000 | – | 1,188,368 | – | 6.62% | – |
| SPY | New | SPDR S&P 500 ETF TRtr unit | $21,271,000 | – | 108,682 | – | 5.71% | – |
| PBRA | New | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $20,072,000 | – | 1,283,390 | – | 5.39% | – |
| VALEP | New | VALE S Aadr repstg pfd | $18,759,000 | – | 1,576,428 | – | 5.04% | – |
| CX | New | CEMEX SAB DE CVspon adr new | $15,635,000 | – | 1,181,748 | – | 4.20% | – |
| ABEV | New | AMBEV SAsponsored adr | $13,777,000 | – | 1,956,947 | – | 3.70% | – |
| TV | New | GRUPO TELEVISA SAspon adr rep ord | $11,616,000 | – | 338,550 | – | 3.12% | – |
| BRFS | New | BRF SAsponsored adr | $11,482,000 | – | 472,301 | – | 3.08% | – |
| CZZ | New | COSAN LTD | $11,251,000 | – | 829,718 | – | 3.02% | – |
| BAP | New | CREDICORP LTD | $10,622,000 | – | 68,323 | – | 2.85% | – |
| EOCCY | New | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $10,370,000 | – | 229,414 | – | 2.78% | – |
| VGK | New | VANGUARD INTL EQUITY INDEX Fftse europe etf | $9,652,000 | – | 161,000 | – | 2.59% | – |
| VIV | New | TELEFONICA BRASIL SAsponsored adr | $8,884,000 | – | 433,131 | – | 2.38% | – |
| LTMAQ | New | LATAM AIRLS GROUP S Asponsored adr | $6,584,000 | – | 490,606 | – | 1.77% | – |
| ERJ | New | EMBRAER S A | $6,102,000 | – | 167,504 | – | 1.64% | – |
| GGB | New | GERDAU S Aspon adr rep pfd | $6,088,000 | – | 1,033,544 | – | 1.63% | – |
| PBR | New | PETROLEO BRASILEIRO SA PETROsponsored adr | $5,942,000 | – | 406,179 | – | 1.60% | – |
| GTE | New | GRAN TIERRA ENERGY INC | $5,940,000 | – | 731,500 | – | 1.59% | – |
| FMX | New | FOMENTO ECONOMICO MEXICANO Sspon adr units | $5,771,000 | – | 61,627 | – | 1.55% | – |
| YPF | New | YPF SOCIEDAD ANONIMAspon adr cl d | $5,657,000 | – | 173,100 | – | 1.52% | – |
| BSBR | New | BANCO SANTANDER BRASIL S Aads rep 1 unit | $5,634,000 | – | 814,103 | – | 1.51% | – |
| AVHOQ | New | AVIANCA HLDGS SAspon adr rep pfd | $5,544,000 | – | 345,400 | – | 1.49% | – |
| CBD | New | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $5,384,000 | – | 116,202 | – | 1.44% | – |
| CIB | New | BANCOLOMBIA S Aspon adr pref | $5,365,000 | – | 92,815 | – | 1.44% | – |
| GRAM | New | GRANA Y MONTERO S A Asponsored adr | $4,818,000 | – | 267,100 | – | 1.29% | – |
| UGP | New | ULTRAPAR PARTICIPACOES S A | $4,765,000 | – | 201,890 | – | 1.28% | – |
| VALE | New | VALE S Aadr | $3,953,000 | – | 298,801 | – | 1.06% | – |
| BCH | New | BANCO DE CHILEsponsored adr | $3,693,000 | – | 46,100 | – | 0.99% | – |
| AUY | New | YAMANA GOLD INC | $2,802,000 | – | 340,900 | – | 0.75% | – |
| SCCO | New | SOUTHERN COPPER CORP | $2,663,000 | – | 87,700 | – | 0.72% | – |
| BVN | New | COMPANIA DE MINAS BUENAVENTUsponsored adr | $1,701,000 | – | 144,071 | – | 0.46% | – |
| AAPL | New | APPLE INC | $976,000 | – | 10,500 | – | 0.26% | – |
| COF | New | CAPITAL ONE FINL CORP | $793,000 | – | 9,600 | – | 0.21% | – |
| OMAB | New | GRUPO AEROPORTUARIO CTR NORTspon adr | $792,000 | – | 24,550 | – | 0.21% | – |
| HON | New | HONEYWELL INTL INC | $688,000 | – | 7,400 | – | 0.18% | – |
| BR | New | BROADRIDGE FINL SOLUTIONS IN | $675,000 | – | 16,200 | – | 0.18% | – |
| CNP | New | CENTERPOINT ENERGY INC | $624,000 | – | 24,425 | – | 0.17% | – |
| MRK | New | MERCK & CO INC NEW | $607,000 | – | 10,500 | – | 0.16% | – |
| C | New | CITIGROUP INC | $593,000 | – | 12,600 | – | 0.16% | – |
| DVA | New | DAVITA HEALTHCARE PARTNERS I | $568,000 | – | 7,850 | – | 0.15% | – |
| WU | New | WESTERN UN CO | $544,000 | – | 31,375 | – | 0.15% | – |
| CFN | New | CAREFUSION CORP | $506,000 | – | 11,400 | – | 0.14% | – |
| JPM | New | JPMORGAN CHASE & CO | $501,000 | – | 8,700 | – | 0.13% | – |
| SLB | New | SCHLUMBERGER LTD | $495,000 | – | 4,200 | – | 0.13% | – |
| WFC | New | WELLS FARGO & CO NEW | $491,000 | – | 9,350 | – | 0.13% | – |
| MSFT | New | MICROSOFT CORP | $484,000 | – | 11,600 | – | 0.13% | – |
| BUD | New | ANHEUSER BUSCH INBEV SA/NVsponsored adr | $474,000 | – | 4,127 | – | 0.13% | – |
| OXY | New | OCCIDENTAL PETE CORP DEL | $472,000 | – | 4,600 | – | 0.13% | – |
| BHI | New | BAKER HUGHES INC | $469,000 | – | 6,300 | – | 0.13% | – |
| PG | New | PROCTER & GAMBLE CO | $464,000 | – | 5,900 | – | 0.12% | – |
| AXP | New | AMERICAN EXPRESS CO | $465,000 | – | 4,900 | – | 0.12% | – |
| PFE | New | PFIZER INC | $457,000 | – | 15,400 | – | 0.12% | – |
| CVX | New | CHEVRON CORP NEW | $444,000 | – | 3,400 | – | 0.12% | – |
| APC | New | ANADARKO PETE CORP | $405,000 | – | 3,700 | – | 0.11% | – |
| CSX | New | CSX CORP | $404,000 | – | 13,100 | – | 0.11% | – |
| MSM | New | MSC INDL DIRECT INCcl a | $404,000 | – | 4,225 | – | 0.11% | – |
| FCFS | New | FIRST CASH FINL SVCS INC | $386,000 | – | 6,700 | – | 0.10% | – |
| TXN | New | TEXAS INSTRS INC | $378,000 | – | 7,900 | – | 0.10% | – |
| EMC | New | E M C CORP MASS | $369,000 | – | 14,000 | – | 0.10% | – |
| KRE | New | SPDR SERIES TRUSTs&p regl bkg | $357,000 | – | 8,850 | – | 0.10% | – |
| DVN | New | DEVON ENERGY CORP NEW | $349,000 | – | 4,400 | – | 0.09% | – |
| BBBY | New | BED BATH & BEYOND INC | $339,000 | – | 5,900 | – | 0.09% | – |
| SCHW | New | SCHWAB CHARLES CORP NEW | $329,000 | – | 12,200 | – | 0.09% | – |
| HPQ | New | HEWLETT PACKARD CO | $320,000 | – | 9,500 | – | 0.09% | – |
| KEY | New | KEYCORP NEW | $315,000 | – | 22,000 | – | 0.08% | – |
| CAT | New | CATERPILLAR INC DEL | $304,000 | – | 2,800 | – | 0.08% | – |
| GPN | New | GLOBAL PMTS INC | $301,000 | – | 4,125 | – | 0.08% | – |
| DAR | New | DARLING INGREDIENTS INC | $280,000 | – | 13,400 | – | 0.08% | – |
| GE | New | GENERAL ELECTRIC CO | $273,000 | – | 10,400 | – | 0.07% | – |
| BRKB | New | BERKSHIRE HATHAWAY INC DELcl b new | $266,000 | – | 2,100 | – | 0.07% | – |
| DIS | New | DISNEY WALT CO | $266,000 | – | 3,100 | – | 0.07% | – |
| AAP | New | ADVANCE AUTO PARTS INC | $260,000 | – | 1,925 | – | 0.07% | – |
| UHAL | New | AMERCO | $262,000 | – | 900 | – | 0.07% | – |
| ROC | New | ROCKWOOD HLDGS INC | $258,000 | – | 3,400 | – | 0.07% | – |
| INT | New | WORLD FUEL SVCS CORP | $251,000 | – | 5,100 | – | 0.07% | – |
| NCS | New | NCI BUILDING SYS INC | $251,000 | – | 12,900 | – | 0.07% | – |
| TSS | New | TOTAL SYS SVCS INC | $247,000 | – | 7,875 | – | 0.07% | – |
| FDX | New | FEDEX CORP | $242,000 | – | 1,600 | – | 0.06% | – |
| POT | New | POTASH CORP SASK INC | $237,000 | – | 6,231 | – | 0.06% | – |
| QCOM | New | QUALCOMM INC | $230,000 | – | 2,900 | – | 0.06% | – |
| URI | New | UNITED RENTALS INC | $230,000 | – | 2,200 | – | 0.06% | – |
| AZZ | New | AZZ INC | $226,000 | – | 4,910 | – | 0.06% | – |
| DKS | New | DICKS SPORTING GOODS INC | $223,000 | – | 4,800 | – | 0.06% | – |
| TIF | New | TIFFANY & CO NEW | $221,000 | – | 2,200 | – | 0.06% | – |
| BA | New | BOEING CO | $191,000 | – | 1,500 | – | 0.05% | – |
| VZ | New | VERIZON COMMUNICATIONS INC | $186,000 | – | 3,800 | – | 0.05% | – |
| UNH | New | UNITEDHEALTH GROUP INC | $188,000 | – | 2,300 | – | 0.05% | – |
| KO | New | COCA COLA CO | $186,000 | – | 4,400 | – | 0.05% | – |
| AIG | New | AMERICAN INTL GROUP INC | $186,000 | – | 3,400 | – | 0.05% | – |
| CHS | New | CHICOS FAS INC | $176,000 | – | 10,400 | – | 0.05% | – |
| FRM | New | FURMANITE CORPORATION | $172,000 | – | 14,800 | – | 0.05% | – |
| GOOGL | New | GOOGLE INCcl a | $173,000 | – | 300 | – | 0.05% | – |
| GM | New | GENERAL MTRS CO | $171,000 | – | 4,700 | – | 0.05% | – |
| ROST | New | ROSS STORES INC | $165,000 | – | 2,500 | – | 0.04% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $163,000 | – | 900 | – | 0.04% | – |
| OIS | New | OIL STS INTL INC | $160,000 | – | 2,500 | – | 0.04% | – |
| NKE | New | NIKE INCcl b | $147,000 | – | 1,900 | – | 0.04% | – |
| HD | New | HOME DEPOT INC | $146,000 | – | 1,800 | – | 0.04% | – |
| SF | New | STIFEL FINL CORP | $144,000 | – | 3,050 | – | 0.04% | – |
| YUM | New | YUM BRANDS INC | $146,000 | – | 1,800 | – | 0.04% | – |
| FOXA | New | TWENTY FIRST CENTY FOX INCcl a | $141,000 | – | 4,000 | – | 0.04% | – |
| DLTR | New | DOLLAR TREE INC | $136,000 | – | 2,500 | – | 0.04% | – |
| FRC | New | FIRST REP BK SAN FRANCISCO C | $132,000 | – | 2,400 | – | 0.04% | – |
| BRSS | New | GLOBAL BRASS & COPPR HLDGS I | $127,000 | – | 7,500 | – | 0.03% | – |
| CVS | New | CVS CAREMARK CORPORATION | $128,000 | – | 1,700 | – | 0.03% | – |
| ORCL | New | ORACLE CORP | $115,000 | – | 2,832 | – | 0.03% | – |
| LH | New | LABORATORY CORP AMER HLDGS | $113,000 | – | 1,100 | – | 0.03% | – |
| FCX | New | FREEPORT-MCMORAN COPPER & GO | $110,000 | – | 3,000 | – | 0.03% | – |
| MTZ | New | MASTEC INC | $108,000 | – | 3,500 | – | 0.03% | – |
| MRC | New | MRC GLOBAL INC | $88,000 | – | 3,100 | – | 0.02% | – |
| CIG | New | COMPANHIA ENERGETICA DE MINAsp adr n-v pfd | $91,000 | – | 11,418 | – | 0.02% | – |
| V | New | VISA INC | $84,000 | – | 400 | – | 0.02% | – |
| HMSY | New | HMS HLDGS CORP | $80,000 | – | 3,900 | – | 0.02% | – |
| BC | New | BRUNSWICK CORP | $80,000 | – | 1,900 | – | 0.02% | – |
| XSD | New | SPDR SERIES TRUSTs&p semicndctr | $75,000 | – | 1,000 | – | 0.02% | – |
| MON | New | MONSANTO CO NEW | $75,000 | – | 600 | – | 0.02% | – |
| KR | New | KROGER CO | $69,000 | – | 1,400 | – | 0.02% | – |
| OCN | New | OCWEN FINL CORP | $70,000 | – | 1,900 | – | 0.02% | – |
| APH | New | AMPHENOL CORP NEWcl a | $72,000 | – | 750 | – | 0.02% | – |
| SRE | New | SEMPRA ENERGY | $63,000 | – | 600 | – | 0.02% | – |
| MG | New | MISTRAS GROUP INC | $39,000 | – | 1,600 | – | 0.01% | – |
| DBD | New | DIEBOLD INC | $0 | – | 0 | – | 0.00% | – |
| TDC | New | TERADATA CORP DEL | $0 | – | 0 | – | 0.00% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FOXA | Exit | TWENTY FIRST CENTY FOX INCcl a | $0 | – | -2,800 | – | -0.02% | – |
| MON | Exit | MONSANTO CO NEW | $0 | – | -900 | – | -0.02% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -2,100 | – | -0.03% | – |
| V | Exit | VISA INC | $0 | – | -600 | – | -0.03% | – |
| YUM | Exit | YUM BRANDS INC | $0 | – | -1,600 | – | -0.03% | – |
| HD | Exit | HOME DEPOT INC | $0 | – | -1,500 | – | -0.03% | – |
| NKE | Exit | NIKE INCcl b | $0 | – | -1,600 | – | -0.03% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -3,500 | – | -0.03% | – |
| FCX | Exit | FREEPORT-MCMORAN COPPER & GO | $0 | – | -3,900 | – | -0.03% | – |
| CVS | Exit | CVS CAREMARK CORPORATION | $0 | – | -2,300 | – | -0.03% | – |
| BA | Exit | BOEING CO | $0 | – | -1,200 | – | -0.04% | – |
| GLDD | Exit | GREAT LAKES DREDGE & DOCK CO | $0 | – | -20,600 | – | -0.04% | – |
| WERN | Exit | WERNER ENTERPRISES INC | $0 | – | -6,925 | – | -0.04% | – |
| DLTR | Exit | DOLLAR TREE INC | $0 | – | -3,200 | – | -0.05% | – |
| KO | Exit | COCA COLA CO | $0 | – | -5,600 | – | -0.05% | – |
| UNH | Exit | UNITEDHEALTH GROUP INC | $0 | – | -3,000 | – | -0.06% | – |
| TIF | Exit | TIFFANY & CO NEW | $0 | – | -2,900 | – | -0.06% | – |
| VZ | Exit | VERIZON COMMUNICATIONS INC | $0 | – | -4,900 | – | -0.06% | – |
| CHS | Exit | CHICOS FAS INC | $0 | – | -14,000 | – | -0.06% | – |
| POT | Exit | POTASH CORP SASK INC | $0 | – | -7,700 | – | -0.06% | – |
| QCOM | Exit | QUALCOMM INC | $0 | – | -3,700 | – | -0.06% | – |
| ROC | Exit | ROCKWOOD HLDGS INC | $0 | – | -3,700 | – | -0.06% | – |
| HPQ | Exit | HEWLETT PACKARD CO | $0 | – | -11,900 | – | -0.06% | – |
| DBD | Exit | DIEBOLD INC | $0 | – | -8,700 | – | -0.06% | – |
| DIS | Exit | DISNEY WALT CO | $0 | – | -4,000 | – | -0.07% | – |
| LH | Exit | LABORATORY CORP AMER HLDGS | $0 | – | -2,600 | – | -0.07% | – |
| HMSY | Exit | HMS HLDGS CORP | $0 | – | -13,600 | – | -0.08% | – |
| CSX | Exit | CSX CORP | $0 | – | -11,400 | – | -0.08% | – |
| CAT | Exit | CATERPILLAR INC DEL | $0 | – | -3,600 | – | -0.08% | – |
| BRKB | Exit | BERKSHIRE HATHAWAY INC DELcl b new | $0 | – | -2,700 | – | -0.08% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -1,700 | – | -0.08% | – |
| SCHW | Exit | SCHWAB CHARLES CORP NEW | $0 | – | -15,200 | – | -0.08% | – |
| DVN | Exit | DEVON ENERGY CORP NEW | $0 | – | -5,600 | – | -0.08% | – |
| GM | Exit | GENERAL MTRS CO | $0 | – | -9,500 | – | -0.09% | – |
| MRC | Exit | MRC GLOBAL INC | $0 | – | -13,300 | – | -0.09% | – |
| APH | Exit | AMPHENOL CORP NEWcl a | $0 | – | -4,650 | – | -0.09% | – |
| UHAL | Exit | AMERCO | $0 | – | -2,100 | – | -0.10% | – |
| BHI | Exit | BAKER HUGHES INC | $0 | – | -7,900 | – | -0.10% | – |
| TXN | Exit | TEXAS INSTRS INC | $0 | – | -9,900 | – | -0.10% | – |
| GOOGL | Exit | GOOGLE INCcl a | $0 | – | -500 | – | -0.11% | – |
| APC | Exit | ANADARKO PETE CORP | $0 | – | -4,700 | – | -0.11% | – |
| FDX | Exit | FEDEX CORP | $0 | – | -3,900 | – | -0.11% | – |
| EMC | Exit | E M C CORP MASS | $0 | – | -17,400 | – | -0.11% | – |
| AXP | Exit | AMERICAN EXPRESS CO | $0 | – | -6,200 | – | -0.12% | – |
| SLB | Exit | SCHLUMBERGER LTD | $0 | – | -5,400 | – | -0.12% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -14,500 | – | -0.12% | – |
| AZZ | Exit | AZZ INC | $0 | – | -11,710 | – | -0.13% | – |
| OIS | Exit | OIL STS INTL INC | $0 | – | -4,900 | – | -0.13% | – |
| BUD | Exit | ANHEUSER BUSCH INBEV SA/NVsponsored adr | $0 | – | -5,100 | – | -0.13% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -4,400 | – | -0.14% | – |
| OXY | Exit | OCCIDENTAL PETE CORP DEL | $0 | – | -5,800 | – | -0.14% | – |
| PFE | Exit | PFIZER INC | $0 | – | -19,200 | – | -0.14% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -10,900 | – | -0.14% | – |
| PG | Exit | PROCTER & GAMBLE CO | $0 | – | -7,500 | – | -0.14% | – |
| WFC | Exit | WELLS FARGO & CO NEW | $0 | – | -13,900 | – | -0.15% | – |
| LQD | Exit | ISHARESiboxx inv cp etf | $0 | – | -5,100 | – | -0.15% | – |
| AAP | Exit | ADVANCE AUTO PARTS INC | $0 | – | -7,025 | – | -0.15% | – |
| NCS | Exit | NCI BUILDING SYS INC | $0 | – | -46,300 | – | -0.15% | – |
| C | Exit | CITIGROUP INC | $0 | – | -12,800 | – | -0.16% | – |
| MRK | Exit | MERCK & CO INC NEW | $0 | – | -13,100 | – | -0.16% | – |
| DAR | Exit | DARLING INTL INC | $0 | – | -30,400 | – | -0.16% | – |
| ROST | Exit | ROSS STORES INC | $0 | – | -9,175 | – | -0.17% | – |
| BBBY | Exit | BED BATH & BEYOND INC | $0 | – | -9,400 | – | -0.19% | – |
| BRF | Exit | MARKET VECTORS ETF TRbrazl smcp etf | $0 | – | -21,807 | – | -0.19% | – |
| HON | Exit | HONEYWELL INTL INC | $0 | – | -9,300 | – | -0.20% | – |
| GPN | Exit | GLOBAL PMTS INC | $0 | – | -16,025 | – | -0.21% | – |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -12,000 | – | -0.21% | – |
| CFN | Exit | CAREFUSION CORP | $0 | – | -23,700 | – | -0.22% | – |
| URI | Exit | UNITED RENTALS INC | $0 | – | -15,700 | – | -0.24% | – |
| AAPL | Exit | APPLE INC | $0 | – | -2,000 | – | -0.24% | – |
| KEY | Exit | KEYCORP NEW | $0 | – | -92,900 | – | -0.27% | – |
| BR | Exit | BROADRIDGE FINL SOLUTIONS IN | $0 | – | -33,900 | – | -0.28% | – |
| DKS | Exit | DICKS SPORTING GOODS INC | $0 | – | -20,700 | – | -0.28% | – |
| TSS | Exit | TOTAL SYS SVCS INC | $0 | – | -38,675 | – | -0.29% | – |
| INT | Exit | WORLD FUEL SVCS CORP | $0 | – | -31,100 | – | -0.30% | – |
| TDC | Exit | TERADATA CORP DEL | $0 | – | -21,300 | – | -0.30% | – |
| RNR | Exit | RENAISSANCERE HOLDINGS LTD | $0 | – | -15,230 | – | -0.35% | – |
| DVA | Exit | DAVITA HEALTHCARE PARTNERS I | $0 | – | -24,350 | – | -0.36% | – |
| WU | Exit | WESTERN UN CO | $0 | – | -78,575 | – | -0.38% | – |
| CNP | Exit | CENTERPOINT ENERGY INC | $0 | – | -61,825 | – | -0.38% | – |
| TV | Exit | GRUPO TELEVISA SAspon adr rep ord | $0 | – | -54,450 | – | -0.39% | – |
| TSU | Exit | TIM PARTICIPACOES S Asponsored adr | $0 | – | -74,800 | – | -0.45% | – |
| MSM | Exit | MSC INDL DIRECT INCcl a | $0 | – | -22,025 | – | -0.46% | – |
| IWM | Exit | ISHARESrussell 2000 etf | $0 | – | -17,120 | – | -0.47% | – |
| GRAM | Exit | GRANA Y MONTERO S A Asponsored adr | $0 | – | -94,700 | – | -0.48% | – |
| ILF | Exit | ISHARESlatn amer 40 etf | $0 | – | -51,651 | – | -0.51% | – |
| KRE | Exit | SPDR SERIES TRUSTs&p regl bkg | $0 | – | -56,050 | – | -0.51% | – |
| SPY | Exit | SPDR S&P 500 ETF TRtr unit | $0 | – | -15,333 | – | -0.66% | – |
| SCCO | Exit | SOUTHERN COPPER CORP | $0 | – | -96,000 | – | -0.67% | – |
| AUY | Exit | YAMANA GOLD INC | $0 | – | -276,600 | – | -0.74% | – |
| OMAB | Exit | GRUPO AEROPORTUARIO CTR NORTspon adr | $0 | – | -113,000 | – | -0.77% | – |
| UGP | Exit | ULTRAPAR PARTICIPACOES S A | $0 | – | -126,490 | – | -0.80% | – |
| CZZ | Exit | COSAN LTD | $0 | – | -211,750 | – | -0.84% | – |
| GTE | Exit | GRAN TIERRA ENERGY INC | $0 | – | -516,080 | – | -0.94% | – |
| CBD | Exit | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $0 | – | -93,500 | – | -1.10% | – |
| EOCCY | Exit | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $0 | – | -107,203 | – | -1.15% | – |
| CPL | Exit | CPFL ENERGIA S Asponsored adr | $0 | – | -267,113 | – | -1.18% | – |
| EMB | Exit | ISHARESjp mor em mk etf | $0 | – | -44,670 | – | -1.25% | – |
| ERJ | Exit | EMBRAER S A | $0 | – | -166,448 | – | -1.39% | – |
| GLD | Exit | SPDR GOLD TRUST | $0 | – | -45,430 | – | -1.49% | – |
| CCU | Exit | COMPANIA CERVECERIAS UNIDASsponsored adr | $0 | – | -224,337 | – | -1.53% | – |
| PBR | Exit | PETROLEO BRASILEIRO SA PETROsponsored adr | $0 | – | -391,887 | – | -1.56% | – |
| GGB | Exit | GERDAU S Aspon adr rep pfd | $0 | – | -934,800 | – | -1.79% | – |
| LTMAQ | Exit | LATAM AIRLS GROUP S Asponsored adr | $0 | – | -468,101 | – | -1.81% | – |
| EPP | Exit | ISHARESmsci pac jp etf | $0 | – | -150,179 | – | -1.84% | – |
| EWJ | Exit | ISHARESmsci japan etf | $0 | – | -625,894 | – | -1.91% | – |
| EEM | Exit | ISHARESmsci emg mkt etf | $0 | – | -197,024 | – | -2.06% | – |
| BRFS | Exit | BRF SAsponsored adr | $0 | – | -381,700 | – | -2.40% | – |
| VIV | Exit | TELEFONICA BRASIL SAsponsored adr | $0 | – | -485,043 | – | -2.79% | – |
| BAP | Exit | CREDICORP LTD | $0 | – | -93,023 | – | -3.06% | – |
| GSG | Exit | ISHARES S&P GSCI COMMODITY Iunit ben int | $0 | – | -399,685 | – | -3.32% | – |
| FMX | Exit | FOMENTO ECONOMICO MEXICANO Sspon adr units | $0 | – | -141,398 | – | -3.52% | – |
| VALE | Exit | VALE S Aadr | $0 | – | -883,995 | – | -3.54% | – |
| BBD | Exit | BANCO BRADESCO S Asp adr pfd new | $0 | – | -997,356 | – | -3.55% | – |
| VALEP | Exit | VALE S Aadr repstg pfd | $0 | – | -1,160,600 | – | -4.23% | – |
| ABV | Exit | COMPANHIA DE BEBIDAS DAS AMEspon adr pfd | $0 | – | -474,229 | – | -4.66% | – |
| AMX | Exit | AMERICA MOVIL SAB DE CV | $0 | – | -1,128,518 | – | -5.73% | – |
| PBRA | Exit | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $0 | – | -1,380,400 | – | -5.92% | – |
| VGK | Exit | VANGUARD INTL EQUITY INDEX Fftse europe etf | $0 | – | -557,313 | – | -7.79% | – |
| ITUB | Exit | ITAU UNIBANCO HLDG SAspon adr rep pfd | $0 | – | -2,862,452 | – | -10.37% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ITUB | Buy | ITAU UNIBANCO HLDG SAspon adr rep pfd | $40,418,000 | +11.9% | 2,862,452 | +2.4% | 10.37% | +13.5% |
| VGK | Sell | VANGUARD INTL EQUITY INDEX Fftse europe etf | $30,374,000 | -3.0% | 557,313 | -14.3% | 7.79% | -1.5% |
| PBRA | New | PETROLEO BRASILEIRO SA PETROsp adr non vtg | $23,094,000 | – | 1,380,400 | – | 5.92% | – |
| AMX | Sell | AMERICA MOVIL SAB DE CV | $22,356,000 | -30.2% | 1,128,518 | -23.3% | 5.73% | -29.1% |
| ABV | Buy | COMPANHIA DE BEBIDAS DAS AMEspon adr pfd | $18,187,000 | +7.8% | 474,229 | +5.0% | 4.66% | +9.4% |
| VALEP | Sell | VALE S Aadr repstg pfd | $16,492,000 | -40.4% | 1,160,600 | -46.3% | 4.23% | -39.5% |
| BBD | Sell | BANCO BRADESCO S Asp adr pfd new | $13,843,000 | -16.9% | 997,356 | -22.1% | 3.55% | -15.7% |
| VALE | New | VALE S Aadr | $13,799,000 | – | 883,995 | – | 3.54% | – |
| FMX | Sell | FOMENTO ECONOMICO MEXICANO Sspon adr units | $13,728,000 | -12.5% | 141,398 | -7.0% | 3.52% | -11.2% |
| GSG | Sell | ISHARES S&P GSCI COMMODITY Iunit ben int | $12,942,000 | +4.0% | 399,685 | -1.1% | 3.32% | +5.5% |
| BAP | Buy | CREDICORP LTD | $11,950,000 | +83.0% | 93,023 | +82.3% | 3.06% | +85.8% |
| VIV | Sell | TELEFONICA BRASIL SAsponsored adr | $10,884,000 | -17.5% | 485,043 | -16.1% | 2.79% | -16.3% |
| BRFS | Buy | BRF SAsponsored adr | $9,363,000 | +200.3% | 381,700 | +165.8% | 2.40% | +204.7% |
| EEM | New | ISHARESmsci emg mkt etf | $8,030,000 | – | 197,024 | – | 2.06% | – |
| EWJ | Sell | ISHARESmsci japan etf | $7,461,000 | -50.7% | 625,894 | -29.9% | 1.91% | -50.0% |
| EPP | New | ISHARESmsci pac jp etf | $7,156,000 | – | 150,179 | – | 1.84% | – |
| LTMAQ | Buy | LATAM AIRLS GROUP S Asponsored adr | $7,059,000 | -3.2% | 468,101 | +8.4% | 1.81% | -1.8% |
| GGB | Sell | GERDAU S Aspon adr rep pfd | $6,974,000 | +0.5% | 934,800 | -23.1% | 1.79% | +2.0% |
| PBR | Sell | PETROLEO BRASILEIRO SA PETROsponsored adr | $6,070,000 | -69.9% | 391,887 | -72.2% | 1.56% | -69.4% |
| CCU | Buy | COMPANIA CERVECERIAS UNIDASsponsored adr | $5,970,000 | +157.7% | 224,337 | +177.0% | 1.53% | +161.3% |
| GLD | Buy | SPDR GOLD TRUST | $5,823,000 | +27.2% | 45,430 | +18.2% | 1.49% | +29.0% |
| ERJ | Buy | EMBRAER S A | $5,405,000 | +314.5% | 166,448 | +370.9% | 1.39% | +320.0% |
| EMB | Sell | ISHARESjp mor em mk etf | $4,870,000 | -62.7% | 44,670 | -83.8% | 1.25% | -62.1% |
| CPL | Sell | CPFL ENERGIA S Asponsored adr | $4,608,000 | -43.9% | 267,113 | -40.5% | 1.18% | -43.0% |
| EOCCY | New | EMPRESA NACIONAL DE ELCTRCIDsponsored adr | $4,501,000 | – | 107,203 | – | 1.15% | – |
| CBD | Buy | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $4,303,000 | +289.4% | 93,500 | +284.8% | 1.10% | +295.7% |
| GTE | Sell | GRAN TIERRA ENERGY INC | $3,659,000 | -58.3% | 516,080 | -64.6% | 0.94% | -57.7% |
| CZZ | Buy | COSAN LTD | $3,255,000 | +80.1% | 211,750 | +89.3% | 0.84% | +82.7% |
| UGP | Sell | ULTRAPAR PARTICIPACOES S A | $3,110,000 | -41.9% | 126,490 | -43.4% | 0.80% | -41.0% |
| OMAB | Buy | GRUPO AEROPORTUARIO CTR NORTspon adr | $3,009,000 | +84.5% | 113,000 | +81.4% | 0.77% | +87.4% |
| AUY | Sell | YAMANA GOLD INC | $2,877,000 | -30.5% | 276,600 | -36.4% | 0.74% | -29.4% |
| SCCO | Buy | SOUTHERN COPPER CORP | $2,615,000 | +55.2% | 96,000 | +57.4% | 0.67% | +57.5% |
| SPY | Sell | SPDR S&P 500 ETF TRtr unit | $2,576,000 | +4.2% | 15,333 | -0.5% | 0.66% | +5.9% |
| ILF | New | ISHARESlatn amer 40 etf | $1,977,000 | – | 51,651 | – | 0.51% | – |
| GRAM | New | GRANA Y MONTERO S A Asponsored adr | $1,890,000 | – | 94,700 | – | 0.48% | – |
| IWM | New | ISHARESrussell 2000 etf | $1,825,000 | – | 17,120 | – | 0.47% | – |
| MSM | Sell | MSC INDL DIRECT INCcl a | $1,792,000 | -9.0% | 22,025 | -13.4% | 0.46% | -7.6% |
| TSU | New | TIM PARTICIPACOES S Asponsored adr | $1,763,000 | – | 74,800 | – | 0.45% | – |
| TV | Sell | GRUPO TELEVISA SAspon adr rep ord | $1,522,000 | -65.4% | 54,450 | -69.3% | 0.39% | -65.0% |
| CNP | Sell | CENTERPOINT ENERGY INC | $1,482,000 | -12.2% | 61,825 | -13.9% | 0.38% | -10.8% |
| WU | Sell | WESTERN UN CO | $1,466,000 | -29.5% | 78,575 | -35.4% | 0.38% | -28.5% |
| DVA | Buy | DAVITA HEALTHCARE PARTNERS I | $1,386,000 | -42.3% | 24,350 | +22.5% | 0.36% | -41.5% |
| RNR | Sell | RENAISSANCERE HOLDINGS LTD | $1,379,000 | +0.4% | 15,230 | -3.8% | 0.35% | +2.0% |
| TDC | Sell | TERADATA CORP DEL | $1,181,000 | -15.7% | 21,300 | -23.7% | 0.30% | -14.4% |
| INT | Buy | WORLD FUEL SVCS CORP | $1,160,000 | +55.1% | 31,100 | +66.3% | 0.30% | +57.1% |
| TSS | Sell | TOTAL SYS SVCS INC | $1,138,000 | +0.7% | 38,675 | -16.2% | 0.29% | +2.1% |
| DKS | Sell | DICKS SPORTING GOODS INC | $1,105,000 | -16.1% | 20,700 | -21.3% | 0.28% | -15.0% |
| BR | Sell | BROADRIDGE FINL SOLUTIONS IN | $1,076,000 | +13.0% | 33,900 | -5.3% | 0.28% | +14.5% |
| KEY | Sell | KEYCORP NEW | $1,059,000 | -8.9% | 92,900 | -11.8% | 0.27% | -7.5% |
| AAPL | Sell | APPLE INC | $954,000 | -1.8% | 2,000 | -18.4% | 0.24% | 0.0% |
| URI | Buy | UNITED RENTALS INC | $915,000 | +34.8% | 15,700 | +15.4% | 0.24% | +36.6% |
| CFN | Sell | CAREFUSION CORP | $875,000 | -36.7% | 23,700 | -36.8% | 0.22% | -35.8% |
| COF | Sell | CAPITAL ONE FINL CORP | $825,000 | -18.4% | 12,000 | -25.5% | 0.21% | -17.2% |
| GPN | Sell | GLOBAL PMTS INC | $819,000 | -57.0% | 16,025 | -61.0% | 0.21% | -56.3% |
| HON | Sell | HONEYWELL INTL INC | $772,000 | -13.2% | 9,300 | -17.0% | 0.20% | -12.0% |
| BRF | Buy | MARKET VECTORS ETF TRbrazl smcp etf | $728,000 | +98.9% | 21,807 | +89.3% | 0.19% | +103.3% |
| BBBY | Sell | BED BATH & BEYOND INC | $727,000 | -27.8% | 9,400 | -33.8% | 0.19% | -26.8% |
| ROST | Sell | ROSS STORES INC | $668,000 | -72.3% | 9,175 | -75.3% | 0.17% | -71.9% |
| MRK | Sell | MERCK & CO INC NEW | $624,000 | -15.0% | 13,100 | -17.1% | 0.16% | -14.0% |
| C | Sell | CITIGROUP INC | $621,000 | -16.0% | 12,800 | -16.9% | 0.16% | -15.0% |
| NCS | Buy | NCI BUILDING SYS INC | $590,000 | +6.3% | 46,300 | +27.5% | 0.15% | +7.9% |
| AAP | Sell | ADVANCE AUTO PARTS INC | $581,000 | -75.0% | 7,025 | -75.5% | 0.15% | -74.6% |
| LQD | New | ISHARESiboxx inv cp etf | $579,000 | – | 5,100 | – | 0.15% | – |
| WFC | Sell | WELLS FARGO & CO NEW | $574,000 | -16.7% | 13,900 | -16.8% | 0.15% | -15.5% |
| PG | Sell | PROCTER & GAMBLE CO | $567,000 | -31.8% | 7,500 | -30.6% | 0.14% | -31.0% |
| JPM | Sell | JPMORGAN CHASE & CO | $563,000 | -18.6% | 10,900 | -16.8% | 0.14% | -17.7% |
| PFE | Sell | PFIZER INC | $552,000 | -14.7% | 19,200 | -16.9% | 0.14% | -13.4% |
| OXY | Sell | OCCIDENTAL PETE CORP DEL | $543,000 | -11.9% | 5,800 | -15.9% | 0.14% | -10.9% |
| CVX | Sell | CHEVRON CORP NEW | $535,000 | -14.7% | 4,400 | -17.0% | 0.14% | -13.3% |
| BUD | Sell | ANHEUSER BUSCH INBEV SA/NVsponsored adr | $506,000 | -9.6% | 5,100 | -17.7% | 0.13% | -8.5% |
| AZZ | Sell | AZZ INC | $490,000 | -64.8% | 11,710 | -67.6% | 0.13% | -64.2% |
| MSFT | Sell | MICROSOFT CORP | $483,000 | -20.2% | 14,500 | -17.1% | 0.12% | -19.0% |
| SLB | Sell | SCHLUMBERGER LTD | $477,000 | +2.4% | 5,400 | -16.9% | 0.12% | +3.4% |
| AXP | Sell | AMERICAN EXPRESS CO | $468,000 | -16.6% | 6,200 | -17.3% | 0.12% | -15.5% |
| EMC | Sell | E M C CORP MASS | $445,000 | -10.3% | 17,400 | -17.1% | 0.11% | -8.8% |
| FDX | Sell | FEDEX CORP | $445,000 | -3.9% | 3,900 | -17.0% | 0.11% | -2.6% |
| APC | Sell | ANADARKO PETE CORP | $437,000 | -28.4% | 4,700 | -33.8% | 0.11% | -27.3% |
| TXN | Sell | TEXAS INSTRS INC | $399,000 | -3.9% | 9,900 | -16.8% | 0.10% | -2.9% |
| BHI | Sell | BAKER HUGHES INC | $388,000 | -31.6% | 7,900 | -35.8% | 0.10% | -30.1% |
| UHAL | Buy | AMERCO | $387,000 | +242.5% | 2,100 | +200.0% | 0.10% | +241.4% |
| MRC | Buy | MRC GLOBAL INC | $356,000 | +101.1% | 13,300 | +107.8% | 0.09% | +102.2% |
| GM | Sell | GENERAL MTRS CO | $342,000 | -10.0% | 9,500 | -16.7% | 0.09% | -8.3% |
| DVN | Sell | DEVON ENERGY CORP NEW | $323,000 | -7.2% | 5,600 | -16.4% | 0.08% | -5.7% |
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $321,000 | -16.8% | 15,200 | -16.5% | 0.08% | -16.3% |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $315,000 | -19.6% | 1,700 | -17.1% | 0.08% | -18.2% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $306,000 | -17.1% | 2,700 | -18.2% | 0.08% | -16.1% |
| CAT | Sell | CATERPILLAR INC DEL | $300,000 | -15.5% | 3,600 | -16.3% | 0.08% | -14.4% |
| CSX | Sell | CSX CORP | $293,000 | -7.9% | 11,400 | -16.8% | 0.08% | -6.2% |
| LH | Sell | LABORATORY CORP AMER HLDGS | $258,000 | -16.8% | 2,600 | -16.1% | 0.07% | -15.4% |
| DIS | Sell | DISNEY WALT CO | $258,000 | -14.9% | 4,000 | -16.7% | 0.07% | -14.3% |
| ROC | Sell | ROCKWOOD HLDGS INC | $248,000 | -12.1% | 3,700 | -15.9% | 0.06% | -9.9% |
| HPQ | Sell | HEWLETT PACKARD CO | $250,000 | -43.3% | 11,900 | -33.1% | 0.06% | -42.3% |
| QCOM | Sell | QUALCOMM INC | $249,000 | -7.4% | 3,700 | -15.9% | 0.06% | -5.9% |
| POT | Sell | POTASH CORP SASK INC | $241,000 | -31.3% | 7,700 | -16.3% | 0.06% | -30.3% |
| CHS | New | CHICOS FAS INC | $233,000 | – | 14,000 | – | 0.06% | – |
| VZ | Sell | VERIZON COMMUNICATIONS INC | $229,000 | -22.9% | 4,900 | -16.9% | 0.06% | -21.3% |
| TIF | Sell | TIFFANY & CO NEW | $222,000 | -12.9% | 2,900 | -17.1% | 0.06% | -10.9% |
| UNH | Buy | UNITEDHEALTH GROUP INC | $215,000 | +82.2% | 3,000 | +66.7% | 0.06% | +83.3% |
| KO | Sell | COCA COLA CO | $212,000 | -21.2% | 5,600 | -16.4% | 0.05% | -20.6% |
| DLTR | Sell | DOLLAR TREE INC | $183,000 | -42.8% | 3,200 | -49.2% | 0.05% | -42.0% |
| BA | Sell | BOEING CO | $141,000 | -1.4% | 1,200 | -14.3% | 0.04% | 0.0% |
| CVS | Sell | CVS CAREMARK CORPORATION | $131,000 | -14.9% | 2,300 | -14.8% | 0.03% | -12.8% |
| FCX | Sell | FREEPORT-MCMORAN COPPER & GO | $129,000 | -0.8% | 3,900 | -17.0% | 0.03% | 0.0% |
| ORCL | Sell | ORACLE CORP | $116,000 | -10.1% | 3,500 | -16.7% | 0.03% | -9.1% |
| NKE | Sell | NIKE INCcl b | $116,000 | -53.2% | 1,600 | -59.0% | 0.03% | -52.4% |
| YUM | Sell | YUM BRANDS INC | $114,000 | -18.0% | 1,600 | -20.0% | 0.03% | -17.1% |
| V | Sell | VISA INC | $115,000 | -21.2% | 600 | -25.0% | 0.03% | -21.6% |
| HD | Sell | HOME DEPOT INC | $114,000 | -18.0% | 1,500 | -16.7% | 0.03% | -17.1% |
| AIG | Sell | AMERICAN INTL GROUP INC | $102,000 | -8.9% | 2,100 | -16.0% | 0.03% | -7.1% |
| MON | Sell | MONSANTO CO NEW | $94,000 | -13.8% | 900 | -18.2% | 0.02% | -14.3% |
| FOXA | New | TWENTY FIRST CENTY FOX INCcl a | $94,000 | – | 2,800 | – | 0.02% | – |
| VCI | Exit | VALASSIS COMMUNICATIONS INC | $0 | – | -10,075 | – | -0.06% | – |
| BMC | Exit | BMC SOFTWARE INC | $0 | – | -13,285 | – | -0.15% | – |
| TKR | Exit | TIMKEN CO | $0 | – | -11,990 | – | -0.17% | – |
| EXPD | Exit | EXPEDITORS INTL WASH INC | $0 | – | -24,700 | – | -0.24% | – |
| GOL | Exit | GOL LINHAS AEREAS INTLG S Asp adr rep pfd | $0 | – | -653,800 | – | -0.55% | – |
| SQM | Exit | SOCIEDAD QUIMICA MINERA DE Cspon adr ser b | $0 | – | -92,800 | – | -0.95% | – |
| CNCOY | Exit | CENCOSUD S Asponsored ads | $0 | – | -267,900 | – | -1.01% | – |
| CX | Exit | CEMEX SAB DE CVspon adr new | $0 | – | -732,599 | – | -1.96% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ITUB | New | ITAU UNIBANCO HLDG SAspon adr rep pfd | $36,131,000 | – | 2,796,552 | – | 9.13% | – |
| AMX | New | AMERICA MOVIL SAB DE CV | $32,006,000 | – | 1,471,518 | – | 8.09% | – |
| VGK | New | VANGUARD INTL EQUITY INDEX Fftse europe etf | $31,305,000 | – | 650,425 | – | 7.91% | – |
| VALEP | New | VALE S Aadr repstg pfd | $27,676,000 | – | 2,160,595 | – | 6.99% | – |
| PBR | New | PETROLEO BRASILEIRO SA PETROsponsored adr | $20,147,000 | – | 1,408,287 | – | 5.09% | – |
| ABV | New | COMPANHIA DE BEBIDAS DAS AMEspon adr pfd | $16,865,000 | – | 451,529 | – | 4.26% | – |
| BBD | New | BANCO BRADESCO S Asp adr pfd new | $16,659,000 | – | 1,280,507 | – | 4.21% | – |
| FMX | New | FOMENTO ECONOMICO MEXICANO Sspon adr units | $15,695,000 | – | 152,098 | – | 3.97% | – |
| EWJ | New | ISHARES INCmsci japan | $15,144,000 | – | 893,322 | – | 3.83% | – |
| VIV | New | TELEFONICA BRASIL SAsponsored adr | $13,187,000 | – | 577,882 | – | 3.33% | – |
| EMB | New | ISHARES TRjpmorgan usd | $13,039,000 | – | 275,170 | – | 3.30% | – |
| GSG | New | ISHARES S&P GSCI COMMODITY Iunit ben int | $12,446,000 | – | 404,093 | – | 3.14% | – |
| GTE | New | GRAN TIERRA ENERGY INC | $8,770,000 | – | 1,459,180 | – | 2.22% | – |
| CPL | New | CPFL ENERGIA S Asponsored adr | $8,207,000 | – | 448,700 | – | 2.07% | – |
| CX | New | CEMEX SAB DE CVspon adr new | $7,751,000 | – | 732,599 | – | 1.96% | – |
| LTMAQ | New | LATAM AIRLS GROUP S Asponsored adr | $7,295,000 | – | 431,901 | – | 1.84% | – |
| GGB | New | GERDAU S Aspon adr rep pfd | $6,939,000 | – | 1,215,200 | – | 1.75% | – |
| BAP | New | CREDICORP LTD | $6,529,000 | – | 51,023 | – | 1.65% | – |
| UGP | New | ULTRAPAR PARTICIPACOES S A | $5,353,000 | – | 223,590 | – | 1.35% | – |
| GLD | New | SPDR GOLD TRUST | $4,577,000 | – | 38,423 | – | 1.16% | – |
| TV | New | GRUPO TELEVISA SAspon adr rep ord | $4,405,000 | – | 177,350 | – | 1.11% | – |
| AUY | New | YAMANA GOLD INC | $4,137,000 | – | 435,000 | – | 1.05% | – |
| CNCOY | New | CENCOSUD S Asponsored ads | $3,992,000 | – | 267,900 | – | 1.01% | – |
| SQM | New | SOCIEDAD QUIMICA MINERA DE Cspon adr ser b | $3,749,000 | – | 92,800 | – | 0.95% | – |
| BRFS | New | BRF SAsponsored adr | $3,118,000 | – | 143,600 | – | 0.79% | – |
| SPY | New | SPDR S&P 500 ETF TRtr unit | $2,471,000 | – | 15,403 | – | 0.62% | – |
| ROST | New | ROSS STORES INC | $2,409,000 | – | 37,175 | – | 0.61% | – |
| DVA | New | DAVITA HEALTHCARE PARTNERS I | $2,401,000 | – | 19,875 | – | 0.61% | – |
| AAP | New | ADVANCE AUTO PARTS INC | $2,323,000 | – | 28,625 | – | 0.59% | – |
| CCU | New | COMPANIA CERVECERIAS UNIDASsponsored adr | $2,317,000 | – | 81,000 | – | 0.59% | – |
| GOL | New | GOL LINHAS AEREAS INTLG S Asp adr rep pfd | $2,190,000 | – | 653,800 | – | 0.55% | – |
| WU | New | WESTERN UN CO | $2,080,000 | – | 121,575 | – | 0.53% | – |
| MSM | New | MSC INDL DIRECT INCcl a | $1,969,000 | – | 25,425 | – | 0.50% | – |
| GPN | New | GLOBAL PMTS INC | $1,905,000 | – | 41,125 | – | 0.48% | – |
| KRE | New | SPDR SERIES TRUSTs&p regl bkg | $1,899,000 | – | 56,050 | – | 0.48% | – |
| CZZ | New | COSAN LTD | $1,807,000 | – | 111,850 | – | 0.46% | – |
| CNP | New | CENTERPOINT ENERGY INC | $1,687,000 | – | 71,825 | – | 0.43% | – |
| SCCO | New | SOUTHERN COPPER CORP | $1,685,000 | – | 61,000 | – | 0.43% | – |
| OMAB | New | GRUPO AEROPORTUARIO CTR NORTspon adr | $1,631,000 | – | 62,300 | – | 0.41% | – |
| TDC | New | TERADATA CORP DEL | $1,401,000 | – | 27,900 | – | 0.35% | – |
| AZZ | New | AZZ INC | $1,392,000 | – | 36,110 | – | 0.35% | – |
| CFN | New | CAREFUSION CORP | $1,382,000 | – | 37,500 | – | 0.35% | – |
| RNR | New | RENAISSANCERE HOLDINGS LTD | $1,374,000 | – | 15,830 | – | 0.35% | – |
| DKS | New | DICKS SPORTING GOODS INC | $1,317,000 | – | 26,300 | – | 0.33% | – |
| ERJ | New | EMBRAER S A | $1,304,000 | – | 35,348 | – | 0.33% | – |
| KEY | New | KEYCORP NEW | $1,163,000 | – | 105,300 | – | 0.29% | – |
| TSS | New | TOTAL SYS SVCS INC | $1,130,000 | – | 46,175 | – | 0.29% | – |
| CBD | New | COMPANHIA BRASILEIRA DE DISTspn adr pfd cl a | $1,105,000 | – | 24,300 | – | 0.28% | – |
| COF | New | CAPITAL ONE FINL CORP | $1,011,000 | – | 16,100 | – | 0.26% | – |
| BBBY | New | BED BATH & BEYOND INC | $1,007,000 | – | 14,200 | – | 0.25% | – |
| AAPL | New | APPLE INC | $971,000 | – | 2,450 | – | 0.24% | – |
| BR | New | BROADRIDGE FINL SOLUTIONS IN | $952,000 | – | 35,800 | – | 0.24% | – |
| EXPD | New | EXPEDITORS INTL WASH INC | $940,000 | – | 24,700 | – | 0.24% | – |
| HON | New | HONEYWELL INTL INC | $889,000 | – | 11,200 | – | 0.22% | – |
| PG | New | PROCTER & GAMBLE CO | $831,000 | – | 10,800 | – | 0.21% | – |
| INT | New | WORLD FUEL SVCS CORP | $748,000 | – | 18,700 | – | 0.19% | – |
| C | New | CITIGROUP INC | $739,000 | – | 15,400 | – | 0.19% | – |
| MRK | New | MERCK & CO INC NEW | $734,000 | – | 15,800 | – | 0.19% | – |
| JPM | New | JPMORGAN CHASE & CO | $692,000 | – | 13,100 | – | 0.18% | – |
| WFC | New | WELLS FARGO & CO NEW | $689,000 | – | 16,700 | – | 0.17% | – |
| URI | New | UNITED RENTALS INC | $679,000 | – | 13,600 | – | 0.17% | – |
| TKR | New | TIMKEN CO | $675,000 | – | 11,990 | – | 0.17% | – |
| PFE | New | PFIZER INC | $647,000 | – | 23,100 | – | 0.16% | – |
| CVX | New | CHEVRON CORP NEW | $627,000 | – | 5,300 | – | 0.16% | – |
| OXY | New | OCCIDENTAL PETE CORP DEL | $616,000 | – | 6,900 | – | 0.16% | – |
| APC | New | ANADARKO PETE CORP | $610,000 | – | 7,100 | – | 0.15% | – |
| MSFT | New | MICROSOFT CORP | $605,000 | – | 17,500 | – | 0.15% | – |
| BMC | New | BMC SOFTWARE INC | $600,000 | – | 13,285 | – | 0.15% | – |
| BHI | New | BAKER HUGHES INC | $567,000 | – | 12,300 | – | 0.14% | – |
| DAR | New | DARLING INTL INC | $567,000 | – | 30,400 | – | 0.14% | – |
| BUD | New | ANHEUSER BUSCH INBEV SA/NVsponsored adr | $560,000 | – | 6,200 | – | 0.14% | – |
| AXP | New | AMERICAN EXPRESS CO | $561,000 | – | 7,500 | – | 0.14% | – |
| NCS | New | NCI BUILDING SYS INC | $555,000 | – | 36,300 | – | 0.14% | – |
| EMC | New | E M C CORP MASS | $496,000 | – | 21,000 | – | 0.12% | – |
| SLB | New | SCHLUMBERGER LTD | $466,000 | – | 6,500 | – | 0.12% | – |
| FDX | New | FEDEX CORP | $463,000 | – | 4,700 | – | 0.12% | – |
| OIS | New | OIL STS INTL INC | $454,000 | – | 4,900 | – | 0.12% | – |
| GOOGL | New | GOOGLE INCcl a | $440,000 | – | 500 | – | 0.11% | – |
| HPQ | New | HEWLETT PACKARD CO | $441,000 | – | 17,800 | – | 0.11% | – |
| TXN | New | TEXAS INSTRS INC | $415,000 | – | 11,900 | – | 0.10% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $392,000 | – | 2,050 | – | 0.10% | – |
| SCHW | New | SCHWAB CHARLES CORP NEW | $386,000 | – | 18,200 | – | 0.10% | – |
| GM | New | GENERAL MTRS CO | $380,000 | – | 11,400 | – | 0.10% | – |
| BRKB | New | BERKSHIRE HATHAWAY INC DELcl b new | $369,000 | – | 3,300 | – | 0.09% | – |
| BRF | New | MARKET VECTORS ETF TRbrazl smcp etf | $366,000 | – | 11,517 | – | 0.09% | – |
| APH | New | AMPHENOL CORP NEWcl a | $362,000 | – | 4,650 | – | 0.09% | – |
| CAT | New | CATERPILLAR INC DEL | $355,000 | – | 4,300 | – | 0.09% | – |
| POT | New | POTASH CORP SASK INC | $351,000 | – | 9,200 | – | 0.09% | – |
| DVN | New | DEVON ENERGY CORP NEW | $348,000 | – | 6,700 | – | 0.09% | – |
| DLTR | New | DOLLAR TREE INC | $320,000 | – | 6,300 | – | 0.08% | – |
| CSX | New | CSX CORP | $318,000 | – | 13,700 | – | 0.08% | – |
| HMSY | New | HMS HLDGS CORP | $317,000 | – | 13,600 | – | 0.08% | – |
| LH | New | LABORATORY CORP AMER HLDGS | $310,000 | – | 3,100 | – | 0.08% | – |
| DIS | New | DISNEY WALT CO | $303,000 | – | 4,800 | – | 0.08% | – |
| VZ | New | VERIZON COMMUNICATIONS INC | $297,000 | – | 5,900 | – | 0.08% | – |
| DBD | New | DIEBOLD INC | $293,000 | – | 8,700 | – | 0.07% | – |
| ROC | New | ROCKWOOD HLDGS INC | $282,000 | – | 4,400 | – | 0.07% | – |
| KO | New | COCA COLA CO | $269,000 | – | 6,700 | – | 0.07% | – |
| QCOM | New | QUALCOMM INC | $269,000 | – | 4,400 | – | 0.07% | – |
| TIF | New | TIFFANY & CO NEW | $255,000 | – | 3,500 | – | 0.06% | – |
| NKE | New | NIKE INCcl b | $248,000 | – | 3,900 | – | 0.06% | – |
| VCI | New | VALASSIS COMMUNICATIONS INC | $248,000 | – | 10,075 | – | 0.06% | – |
| MRC | New | MRC GLOBAL INC | $177,000 | – | 6,400 | – | 0.04% | – |
| WERN | New | WERNER ENTERPRISES INC | $167,000 | – | 6,925 | – | 0.04% | – |
| GLDD | New | GREAT LAKES DREDGE & DOCK CO | $161,000 | – | 20,600 | – | 0.04% | – |
| CVS | New | CVS CAREMARK CORPORATION | $154,000 | – | 2,700 | – | 0.04% | – |
| V | New | VISA INC | $146,000 | – | 800 | – | 0.04% | – |
| BA | New | BOEING CO | $143,000 | – | 1,400 | – | 0.04% | – |
| YUM | New | YUM BRANDS INC | $139,000 | – | 2,000 | – | 0.04% | – |
| HD | New | HOME DEPOT INC | $139,000 | – | 1,800 | – | 0.04% | – |
| FCX | New | FREEPORT-MCMORAN COPPER & GO | $130,000 | – | 4,700 | – | 0.03% | – |
| ORCL | New | ORACLE CORP | $129,000 | – | 4,200 | – | 0.03% | – |
| UNH | New | UNITEDHEALTH GROUP INC | $118,000 | – | 1,800 | – | 0.03% | – |
| UHAL | New | AMERCO | $113,000 | – | 700 | – | 0.03% | – |
| MON | New | MONSANTO CO NEW | $109,000 | – | 1,100 | – | 0.03% | – |
| AIG | New | AMERICAN INTL GROUP INC | $112,000 | – | 2,500 | – | 0.03% | – |