We are live on ! Find out more
SGDR

SPX Gestao de Recursos Portfolio holdings

AUM $1.2B
1-Year Est. Return 59.05%
This Fund
S&P 500
This Quarter Est. Return
+3.78%
1 Year Est. Return
+59.05%
3 Year Est. Return
+90.69%
5 Year Est. Return
+120.4%
10 Year Est. Return
+537.48%
AUM
$185M
AUM Growth
-$83.2M
Cap. Flow
-$83.4M
Cap. Flow %
-45.1%
Top 10 Hldgs %
66.46%
Holding
47
New
14
Increased
6
Reduced
6
Closed
21

Top Buys

Rank Stock Value
1
PEP icon
PepsiCo
PEP
+$21M
2
BMA icon
Banco Macro
BMA
+$11.7M
3
FBR
Fibria Celulose Sa
FBR
+$11.6M
4
EWZ icon
iShares MSCI Brazil ETF
EWZ
+$9.67M
5
UNP icon
Union Pacific
UNP
+$9.55M

Top Sells

Rank Stock Value
1
XOM icon
ExxonMobil
XOM
+$41M
2
EWJ icon
iShares MSCI Japan ETF
EWJ
+$20M
3
TGS icon
Transportadora de Gas del Sur
TGS
+$18.8M
4
LOMA
Loma Negra
LOMA
+$12.7M
5
PBR.A icon
Petrobras Class A
PBR.A
+$9.19M

Sector Composition

Rank Sector Weight
1 Materials 28.11%
2 Financials 15.19%
3 Energy 13.03%
4 Consumer Staples 12.8%
5 Utilities 9.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PEP icon
1
PepsiCo
PEP
$186B
$21.2M 11.49%
194,598
+184,598
+1,846% +$21M
VALE icon
2
Vale
VALE
$62.9B
$15.2M 8.24%
1,198,323
-451,277
-27% -$5.94M
LOMA
3
Loma Negra
LOMA
$1.33B
$15M 8.13%
705,390
-559,537
-44% -$12.7M
FBR
4
DELISTED
Fibria Celulose Sa
FBR
$12.7M 6.84%
+649,042
New +$11.6M
BMA icon
5
Banco Macro
BMA
$5.7B
$11.6M 6.29%
+107,672
New +$11.7M
TGS icon
6
Transportadora de Gas del Sur
TGS
$4.59B
$10.2M 5.52%
521,579
-904,169
-63% -$18.8M
BBD icon
7
Banco Bradesco
BBD
$38.1B
$9.77M 5.28%
1,444,285
-857,055
-37% -$5.72M
EWZ icon
8
iShares MSCI Brazil ETF
EWZ
$9.05B
$9.71M 5.25%
+216,356
New +$9.67M
UNP icon
9
Union Pacific
UNP
$183B
$9.54M 5.16%
+70,965
New +$9.55M
IRCP
10
DELISTED
IRSA Propiedades Comerciales S.A.
IRCP
$7.88M 4.26%
760,215
+107,251
+16% +$1.24M
CEPU
11
Central Puerto
CEPU
$2.22B
$7.78M 4.2%
+457,432
New +$7.9M
RDS.A
12
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
$6.96M 3.76%
+109,000
New +$7.18M
PBR icon
13
Petrobras
PBR
$121B
$6.92M 3.74%
+489,625
New +$6.44M
GGB icon
14
Gerdau
GGB
$9.44B
$6.34M 3.43%
1,713,600
-46,382
-3% -$170K
SBS icon
15
Sabesp
SBS
$19.7B
$5.67M 3.07%
+2,762,586
New +$5.94M
NSC icon
16
Norfolk Southern
NSC
$78.8B
$5.49M 2.97%
40,400
+20,400
+102% +$2.93M
ITUB icon
17
Itaú Unibanco
ITUB
$91.3B
$5.01M 2.71%
661,486
+90,125
+16% +$675K
CIG icon
18
CEMIG Preferred Shares
CIG
$6.09B
$4.09M 2.21%
+3,111,443
New +$3.71M
ABEV icon
19
Ambev
ABEV
$47.3B
$2.43M 1.31%
+334,386
New +$2.3M
TIMB icon
20
TIM SA
TIMB
$10.2B
$2.06M 1.11%
+95,000
New +$2M
TV icon
21
Televisa
TV
$1.45B
$1.88M 1.02%
118,000
+56,000
+90% +$1.02M
BSBR icon
22
Santander
BSBR
$39.7B
$1.69M 0.92%
147,021
-78,405
-35% -$822K
CX icon
23
Cemex
CX
$17.4B
$1.66M 0.9%
250,500
+89,692
+56% +$672K
SID icon
24
Companhia Siderúrgica Nacional
SID
$1.43B
$1.05M 0.57%
+399,767
New +$1.19M
CPA icon
25
Copa Holdings
CPA
$5.56B
$1.03M 0.56%
+8,000
New +$1.07M
1
2

Similar funds

VC
Vivo Capital Palo Alto, California $1.2B AUM 911.44% 1-Year Est. Return
DIP
DT Investment Partners Chadds Ford, Pennsylvania $1.2B AUM 16.89% 1-Year Est. Return
RCYC
Richard C. Young & Co Newport, Rhode Island $1.21B AUM 38.41% 1-Year Est. Return
TWM
Tanglewood Wealth Management Houston, Texas $1.21B AUM 19.59% 1-Year Est. Return
WC
Whitney & Co Rochester, New York $1.2B AUM 24.16% 1-Year Est. Return
FCCPG
FountainVest China Capital Partners GP3 Grand Cayman, Cayman Islands $1.2B AUM 6.95% 1-Year Est. Return
HCM
Hodges Capital Management Dallas, Texas $1.21B AUM 49% 1-Year Est. Return
MB
MidFirst Bank Oklahoma City, Oklahoma $1.21B AUM

SPX Gestao de Recursos's Q1 2018 Portfolio in Review

As of Q1 2018, SPX Gestao de Recursos held 47 positions worth $185M, down 31% from $268M the previous quarter. Its ten largest holdings account for 66% of the portfolio.

SPX Gestao de Recursos withdrew a net $83.4M in Q1 2018, closing 21 positions and reducing 6 holdings. Its most notable exit was ExxonMobil, an estimated $41M position sold in full.

By sector, the portfolio is most concentrated in Materials at 28% of assets, up from 21% a quarter earlier, followed by Financials and Energy.

Against the trend, SPX Gestao de Recursos opened a new position in Banco Macro worth $11.6M.

  • SPX Gestao de Recursos's largest Q1 2018 buy was Banco Macro: 107,672 shares worth $11.6M.
  • SPX Gestao de Recursos added most to PepsiCo in Q1 2018, an estimated $21M increase.
  • SPX Gestao de Recursos's biggest Q1 2018 reduction was Transportadora de Gas del Sur, cutting an estimated $18.8M.
  • SPX Gestao de Recursos fully exited ExxonMobil in Q1 2018, selling an estimated $41M.
  • SPX Gestao de Recursos's ten largest holdings make up 66% of its $185M portfolio in Q1 2018.
  • SPX Gestao de Recursos opened 14 new positions and closed 21 in Q1 2018.
  • SPX Gestao de Recursos's portfolio value fell 31% quarter-over-quarter to $185M.

Based on SPX Gestao de Recursos's 13F filing for Q1 2018, filed 9 Nov 2018.