| Industrial Select Sector Spdr 'spdr'(XLI) | ETF | 81369Y704 | $59.5K | 1,100,440 | 20.2% |
| Cosan Limited CMN Class A(CSAN) | COM | G25343107 | $53.8K | 3,970,520 | 18.3% |
| Ishares Msci Emerging Mkts ETF(EEM) | ETF | 464287234 | $31.9K | 738,728 | 10.8% |
| Itau Unibanco Banco Hldng SA Sponsored ADR CMN(BVXB) | COM | 465562106 | $15.3K | 1,064,543 | 5.2% |
| Cemex, SAB de CV Sponsored ADR CMN(CX) | COM | 151290889 | $10.7K | 810,922 | 3.6% |
| International Paper Co CMN(IP) | COM | 460146103 | $10.4K | 207,000 | 3.5% |
| General Electric Co CMN | COM | 369604103 | $8.3K | 316,895 | 2.8% |
| Citigroup Inc CMN(C) | COM | 172967424 | $8.0K | 170,670 | 2.7% |
| BRF SA Sponsored ADR CMN(P5Y) | COM | 10552T107 | $7.4K | 303,692 | 2.5% |
| JPMorgan Chase Co CMN(JPM) | COM | 46625H100 | $6.8K | 117,710 | 2.3% |
| Capital One Financial Corp CMN(COF) | COM | 14040H105 | $6.6K | 79,400 | 2.2% |
| Goldman Sachs Group, Inc(the) CMN(GS) | COM | 38141G104 | $6.0K | 35,596 | 2.0% |
| Amex Materials Select 'spdr' Fund(XLB) | ETF | 81369Y100 | $6.0K | 120,000 | 2.0% |
| Morgan Stanley CMN(MS) | COM | 617446448 | $5.7K | 175,290 | 1.9% |
| Bank of America Corp CMN(BAC) | COM | 060505104 | $5.4K | 354,000 | 1.8% |
| OI SA Sponsored ADR CMN | COM | 670851104 | $5.1K | 5,321,600 | 1.7% |
| iShares US Preferred Stock ETF(PFF) | ETF | 464288687 | $5.0K | 126,081 | 1.7% |
| Banco Santander (Brasil) SA ADR CMN(BSBR) | COM | 05967A107 | $4.5K | 654,444 | 1.5% |
| Gerdau SA Cosg ADR(GGB) | ADR | 373737105 | $4.5K | 767,168 | 1.5% |
| Ambev S A Sponsored ADR CMN(ABEV) | COM | 02319V103 | $3.5K | 500,828 | 1.2% |
| Sodastream International LTD | USD SHS | M9068E105 | $3.0K | 89,500 | 1.0% |
| Banco Bilbao Vizcaya S A ADR Sponsored ADR CMN Usd03296(BBVA) | COM | 05946K101 | $3.0K | 235,000 | 1.0% |
| Spdr SP Oil Gas Eqpt Svcs ETF ETF | ETF | 78464A748 | $3.0K | 59,913 | 1.0% |
| Discover Financial Services CMN(DFSEUR) | COM | 254709108 | $2.9K | 46,900 | 1.0% |
| Spdr SP Homebuilders ETF ETF(XHB) | ETF | 78464A888 | $2.6K | 80,000 | 0.9% |
| Ishares Msci Allcountry Asia Exjapan ETF(AAXJ) | ETF | 464288182 | $2.5K | 40,000 | 0.9% |
| Domtar Corporation CMN Class(UFS) | COM | 257559203 | $2.1K | 50,094 | 0.7% |
| Ishares Msci Brazil Capped ETF(EWZ) | ETF | 464286400 | $2.0K | 41,232 | 0.7% |
| Embraer S A ADR(EMBJ) | ADR | 29082A107 | $1.8K | 50,000 | 0.6% |
| Banco Macro SA Sponsored ADR CMN(BMA) | COM | 05961W105 | $1.8K | 50,429 | 0.6% |
| Banco Bradesco SA ADR CMN(BBD) | COM | 059460303 | $1.7K | 173,920 | 0.6% |
| GNC Holdings Inc CMN Class A | COM | 36191G107 | $1.5K | 44,400 | 0.5% |
| Newmont Mining Corporation CMN(NEM) | COM | 651639106 | $1.1K | 43,000 | 0.4% |
| Barrick Gold Corporation CMN(ABX) | COM | 067901108 | $1.1K | 58,000 | 0.4% |