CIK: 0001512135
Total reported value
$16.3B
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NOAH | Noah Holdings Ltd-spon Ads | Stock-Other | 13.70% | — | -14.06% | |
| 2 | CX | Cemex Sab-spons Adr Part Cer | Stock-Other | 11.47% | — | -2.51% | |
| 3 | ✓ | Avianca Hldgs SA | Stock-Other | 6.70% | — | +0.98% | |
| 4 | BIDU | Baidu INC - Spon Adr | Stock-Comm Services | 6.62% | — | -55.72% | |
| 5 | BAK | Braskem Sa-class A- Adr | Stock-Other | 5.86% | — | +2916.01% | |
| 6 | ITUB | Itau Unibanco H-spon Prf Adr | Stock-Financials | 5.59% | — | -5.77% | |
| 7 | GGAL | Grupo Financiero Galicia-adr | Stock-Other | 4.55% | — | -27.87% | |
| 8 | IRSUSD | Irsa -sp Adr | Stock-Other | 3.85% | — | +21.85% | |
| 9 | ✓ | Ikang Healthcare Group-adr | Stock-Other | 3.60% | — | — | |
| 10 | TX | Ternium Sa-sponsored Adr | Stock-Other | 3.43% | — | +0.56% | |
| 11 | BMA | Banco Macro Sa-adr | Stock-Other | 3.08% | — | +20.32% | |
| 12 | IBN | Icici Bank Ltd-spon Adr | Stock-Financials | 3.01% | — | +13.50% | |
| 13 | AUOUSD | Au Optronics Corp-spon Adr | Stock-Other | 2.39% | — | +521.12% | |
| 14 | NTES | Netease Inc-adr | Stock-Comm Services | 2.07% | — | — | |
| 15 | SSL | Sasol Ltd-sponsored Adr | Stock-Other | 2.06% | — | +14.90% | |
| 16 | BFRUSD | Bbva Argentina Sa-adr | Stock-Other | 1.96% | — | -15.00% | |
| 17 | EWY | Ishares Msci South Korea ETF | ETF-Other | 1.85% | — | +152.47% | |
| 18 | ✓ | Soufun Holdings LTD | Stock-Other | 1.82% | — | -65.57% | |
| 19 | EWT | iShares MSCI Taiwan ETF | ETF-Other | 1.74% | — | +14.12% | |
| 20 | ✓ | Tctm Kids It Education INC. Sponsored Ads | Stock-Other | 1.58% | — | — | |
| 21 | BCH | Banco De Chile-adr | Stock-Other | 1.40% | — | -53.29% | |
| 22 | AVAL | Grupo Aval Acciones y Valores S.A. | Stock-Other | 1.06% | — | +30.20% | |
| 23 | SIMO | Silicon Motion Technol-adr | Stock-Other | 0.81% | — | -90.53% | |
| 24 | PAM | Pampa Energia Sa-spon Adr | Stock-Other | 0.72% | — | — | |
| 25 | YYEUR | Yy Inc-adr | Stock-Other | 0.69% | — | +38.67% | |
| 26 | FXI | Ishares China Large-cap ETF | ETF-Emerging Markets | 0.64% | — | -38.21% | |
| 27 | UMC | United Microelectron-sp Adr | Stock-Other | 0.57% | — | — | |
| 28 | EIDO | Ishares Msci Indonesia ETF | ETF-Other | 0.57% | — | +313.48% | |
| 29 | INDY | Ishares India 50 ETF | ETF-Other | 0.48% | — | — | |
| 30 | GTE2EUR | Gran Tierra Energy INC | Stock-Other | 0.47% | — | — | |
| 31 | URTH | Ishares Msci World ETF | ETF-Other | 0.46% | — | — | |
| 32 | EWW | Ishares Msci Mexico ETF | ETF-Other | 0.44% | — | -39.39% | |
| 33 | TUR | Ishares Msci Turkey ETF | ETF-Other | 0.38% | — | +91.83% | |
| 34 | SMHC | VanEck China Semiconductor ETF | ETF-Emerging Markets | 0.37% | — | -56.20% | |
| 35 | ✓ | Siliconware Precision Inds L | Stock-Other | 0.35% | — | — | |
| 36 | INDA | Ishares Msci India ETF | ETF-Other | 0.32% | — | — | |
| 37 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 0.27% | — | — | |
| 38 | ✓ | China Ming Yang Wind Pwr Gro | Stock-Other | 0.25% | — | -42.26% | |
| 39 | KB | Kb Financial Group Inc-adr | Stock-Financials | 0.20% | — | — | |
| 40 | WIT | Wipro Ltd-adr | Stock-Other | 0.20% | — | — | |
| 41 | CHU | China Unicom Hong Kong-adr | Stock-Other | 0.18% | — | — | |
| 42 | MBTGBP | Mobile Telesystems-sp Adr | Stock-Other | 0.18% | — | +79.98% | |
| 43 | YPF | Ypf S.a.-sponsored Adr | Stock-Other | 0.17% | — | — | |
| 44 | ECH | Ishares Msci Chile ETF | ETF-Other | 0.17% | — | +58.26% | |
| 45 | EWM | iShares MSCI Malaysia ETF | ETF-Other | 0.16% | — | — | |
| 46 | EWZ | Ishares Msci Brazil ETF | ETF-Other | 0.16% | — | -47.29% | |
| 47 | RDY | Dr. Reddy's Laboratories-adr | Stock-Other | 0.15% | — | — | |
| 48 | JD | Jd.com Inc-adr | Stock-Consumer Disc | 0.14% | — | -19.51% | |
| 49 | ✓ | Qihoo 360 Technology Co LTD | Stock-Other | 0.13% | — | -77.24% | |
| 50 | GILD | Gilead Sciences INC | Stock-Healthcare | 0.13% | — | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | BAK | Braskem Sa-class A- Adr | +5.8% | +2916.01% | Add |
| 2 | AUOUSD | Au Optronics Corp-spon Adr | +2.1% | +521.12% | Add |
| 3 | NOAH | Noah Holdings Ltd-spon Ads | +2% | -14.06% | Trim |
| 4 | BMA | Banco Macro Sa-adr | +1.6% | +20.32% | Add |
| 5 | ✓ | Ikang Healthcare Group-adr | +1.3% | — | Unchanged |
| 6 | EWY | Ishares Msci South Korea ETF | +1.2% | +152.47% | Add |
| 7 | GGAL | Grupo Financiero Galicia-adr | +0.9% | -27.87% | Trim |
| 8 | IRSUSD | Irsa -sp Adr | +0.6% | +21.85% | Add |
| 9 | IBN | Icici Bank Ltd-spon Adr | +0.5% | +13.50% | Add |
| 10 | EIDO | Ishares Msci Indonesia ETF | +0.5% | +313.48% | Add |
| 11 | AVAL | Grupo Aval Acciones y Valores S.A. | +0.5% | +30.20% | Add |
| 12 | SSL | Sasol Ltd-sponsored Adr | +0.4% | +14.90% | Add |
| 13 | EWT | iShares MSCI Taiwan ETF | +0.4% | +14.12% | Add |
| 14 | ITUB | Itau Unibanco H-spon Prf Adr | +0.3% | -5.77% | Trim |
| 15 | ✓ | Tctm Kids It Education INC. Sponsored Ads | +0.3% | — | Unchanged |
| 16 | YYEUR | Yy Inc-adr | +0.3% | +38.67% | Add |
| 17 | ✓ | Avianca Hldgs SA | +0.3% | +0.98% | Add |
| 18 | TUR | Ishares Msci Turkey ETF | +0.2% | +91.83% | Add |
| 19 | ✓ | China Ming Yang Wind Pwr Gro | -0.1% | -42.26% | Trim |
| 20 | EWZ | Ishares Msci Brazil ETF | -0.1% | -47.29% | Trim |
| 21 | EWZS | Ishares Msci Brazil Small-ca | -0.1% | -60.81% | Trim |
| 22 | ✓ | Qihoo 360 Technology Co LTD | -0.2% | -77.24% | Trim |
| 23 | EWW | Ishares Msci Mexico ETF | -0.2% | -39.39% | Trim |
| 24 | FXI | Ishares China Large-cap ETF | -0.3% | -38.21% | Trim |
| 25 | SMHC | VanEck China Semiconductor ETF | -0.4% | -56.20% | Trim |
| 26 | BCH | Banco De Chile-adr | -1.4% | -53.29% | Trim |
| 27 | CX | Cemex Sab-spons Adr Part Cer | -1.4% | -2.51% | Trim |
| 28 | VIPS | Vipshop Holdings LTD - Adr | -1.5% | -94.34% | Trim |
| 29 | ✓ | Soufun Holdings LTD | -2.3% | -65.57% | Trim |
| 30 | BIDU | Baidu INC - Spon Adr | -2.8% | -55.72% | Trim |
| 31 | SIMO | Silicon Motion Technol-adr | -5.7% | -90.53% | Trim |
| 32 | TSM | Taiwan Semiconductor-sp Adr | — | EXIT | Sold out |
| 33 | BABA | Alibaba Group Holding-sp Adr | — | EXIT | Sold out |
| 34 | NTES | Netease Inc-adr | — | NEW | New buy |
| 35 | PAM | Pampa Energia Sa-spon Adr | — | NEW | New buy |
| 36 | PBR-A | Petroleo Brasil-sp Pref Adr | — | EXIT | Sold out |
| 37 | ✓ | Market Vectors India S/c | — | EXIT | Sold out |
| 38 | INDY | Ishares India 50 ETF | — | NEW | New buy |
| 39 | GTE2EUR | Gran Tierra Energy INC | — | NEW | New buy |
| 40 | ✓ | Siliconware Precision Inds L | — | NEW | New buy |
| 41 | VALE | Vale Sa-sp Adr | — | EXIT | Sold out |
| 42 | ✓ | Trina Solar Limited | — | EXIT | Sold out |
| 43 | WIT | Wipro Ltd-adr | — | NEW | New buy |
| 44 | KB | Kb Financial Group Inc-adr | — | NEW | New buy |
| 45 | ✓ | Mindray Medical Intl LTD | — | EXIT | Sold out |
| 46 | CHU | China Unicom Hong Kong-adr | — | NEW | New buy |
| 47 | YPF | Ypf S.a.-sponsored Adr | — | NEW | New buy |
| 48 | EMBJ | Embraer Sa-spon Adr | — | EXIT | Sold out |
| 49 | EWM | iShares MSCI Malaysia ETF | — | NEW | New buy |
| 50 | RDY | Dr. Reddy's Laboratories-adr | — | NEW | New buy |