| Petrobras Energia SA Sponsored ADR CMN | COM | 71646J109 | $33.0K | 5,248,030 | 17.0% |
| YPF Sociedad Anonima Sponsored ADR Repstg CL D(YPF) | COM | 984245100 | $32.7K | 1,704,774 | 16.9% |
| Transportadora de Gas del SUR Sponsored ADR REP 5 CL B(TGS) | COM | 893870204 | $25.7K | 3,808,651 | 13.3% |
| Pampa Energia SA GDR REG S(PAM) | SPONS ADR LVL I | 697660207 | $15.1K | 550,947 | 7.8% |
| Fomento Economico Mexicano SAB de CV New Spons ADR Repstg Unit 1 SER B SH Fomento Economico Mexicano(FMX) | COM | 344419106 | $14.4K | 155,810 | 7.4% |
| Corpbanca Sponsored ADR CMN | COM | 45033E105 | $12.6K | 984,533 | 6.5% |
| Cosan Limited CMN Class A(CSAN) | COM | G25343107 | $7.7K | 1,176,983 | 4.0% |
| Grupo Televisa SA ADR(TLV) | ADR | 40049J206 | $7.3K | 280,000 | 3.8% |
| Ishares Msci Emerging Markets ETF(EEM) | ETF | 464287234 | $6.5K | 190,000 | 3.4% |
| Spdr SP Oil Gas Explrtn PR ETF ETF | ETF | 78464A730 | $6.0K | 172,302 | 3.1% |
| ISH MSI Eafe ETF(EFA) | ETF | 464287465 | $5.5K | 98,200 | 2.8% |
| Bunge LTD COM STK(BG) | COM | G16962105 | $4.7K | 79,011 | 2.4% |
| Gerdau SA Cosg ADR(GGB) | ADR | 373737105 | $4.5K | 2,450,000 | 2.3% |
| Empresa Distribuidora Y Comercial Norte(EDN) | SPON ADR | 29244A102 | $3.9K | 221,140 | 2.0% |
| Call EWZ 100 @ 30 EXP 12162016 | CALL | 99OS5QDK5 | $3.0K | 10,050 | 1.6% |
| Petroleo Brasil(PBR) | SP ADR NON VTG | 71654V408 | $2.3K | 316,775 | 1.2% |
| Adecoagro SA(AGRO) | COM | L00849106 | $2.2K | 196,169 | 1.1% |
| PUT SPY 100 @ 210 EXP 12162016 | PUT | 99OJRD8F7 | $2.0K | 2,000 | 1.0% |
| Prudential Finl Inc Internotes COM STK(PRU) | COM | 744320102 | $1.7K | 24,190 | 0.9% |
| Petroleo Brasileiro SA Petrobr ADR(PJX) | ADR | 71654V101 | $1.5K | 250,000 | 0.8% |
| Ishares Msci Brazil ETF(EWZ) | ETF | 464286400 | $1.4K | 47,568 | 0.7% |