Gavea Investimentos Ltda — Q2 2016 13F Holdings

Name: Gavea Investimentos Ltda — 13F Holdings, Q2 2016
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001523705

Total reported value

$77.6M

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	CSAN	Cosan S.A.	Stock-Other	56.65%	—	-25.72%
2	PXDEUR	Pioneer Natural Resources Co	Stock-Other	16.34%	—	—
3	PBR-A	Petroleo Brasil-sp Pref Adr	Stock-Other	15.25%	—	-42.86%
4	ITUB	Itau Unibanco H-spon Prf Adr	Stock-Financials	4.74%	—	—
5	EWZ	Ishares Msci Brazil ETF	ETF-Other	3.63%	—	—
6	HDB	Hdfc Bank Ltd-adr	Stock-Financials	2.50%	—	—
7	SPY	State Street SPDR S&P 500 ETF Trust	ETF-Large Cap & Growth	0.86%	—	—
8	TLT	iShares 20+ Year Treasury Bond ETF	ETF-Gov Bonds	0.04%	—	—

Position changes disclosed by Gavea Investimentos Ltda for the quarter ending Q2 2016, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	PBR-A	Petroleo Brasil-sp Pref Adr	-10.9%	-42.86%	Trim
2	CSAN	Cosan S.A.	-15.8%	-25.72%	Trim
3	PXDEUR	Pioneer Natural Resources Co	—	NEW	New buy
4	ITUB	Itau Unibanco H-spon Prf Adr	—	NEW	New buy
5	EWZ	Ishares Msci Brazil ETF	—	NEW	New buy
6	HDB	Hdfc Bank Ltd-adr	—	NEW	New buy
7	SPY	State Street SPDR S&P 500 ETF Trust	—	NEW	New buy
8	✓	Spdr S&p 500 ETF Tr	—	EXIT	Sold out
9	CAT	Caterpillar Inc.	—	EXIT	Sold out
10	✓	Spdr Series Trust	—	EXIT	Sold out
11	✓	Spdr Ser Tr	—	EXIT	Sold out
12	TLT	iShares 20+ Year Treasury Bond ETF	—	EXIT	Sold out
13	TLT	iShares 20+ Year Treasury Bond ETF	—	NEW	New buy