13F holdings as of 2026-03-31 · vs 2025-12-31 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | IAUISHARES GOLD TR | 395K | $34.9M | 13.9% | +$2.8M | |
| 2 | VEAVANGUARD TAX-MANAGED FDS | 526K | $33.7M | 13.5% | +$846K | |
| 3 | GUNRFLEXSHARES TR | 498K | $27.4M | 11.0% | +$4.6M | |
| 4 | EWCISHARES INC | 312K | $17.1M | 6.8% | +$268K | |
| 5 | EWZISHARES INC | TRIM | 393K | $15.1M | 6.0% | -$573K |
| 6 | VTIVANGUARD INDEX FDS | ADD | 45K | $14.5M | 5.8% | +$822K |
| 7 | VIGVANGUARD SPECIALIZED FUNDS | 53K | $11.3M | 4.5% | -$248K | |
| 8 | IEMGISHARES INC | 127K | $8.8M | 3.5% | +$321K | |
| 9 | EMLCVANECK ETF TRUST | 316K | $7.9M | 3.2% | -$225K | |
| 10 | ACWIISHARES TR | 44K | $6.0M | 2.4% | -$136K | |
| 11 | GNRSPDR INDEX SHS FDS | 78K | $5.8M | 2.3% | +$972K | |
| 12 | MELIMERCADOLIBRE INC | ADD | 3K | $5.5M | 2.2% | +$2.3M |
| 13 | FCXFREEPORT MCMORAN INC | 81K | $4.8M | 1.9% | +$647K | |
| 14 | EWUISHARES TR | ADD | 98K | $4.4M | 1.8% | +$1.6M |
| 15 | NU HLDGS LTD | TRIM | 286K | $4.1M | 1.6% | -$1.0M |
| 16 | ITUBITAU UNIBANCO HLDG S A | 438K | $3.7M | 1.5% | +$534K | |
| 17 | XOMEXXON MOBIL CORP | 19K | $3.3M | 1.3% | +$947K | |
| 18 | PBR/APETROLEO BRASILEIRO S A | 154K | $2.9M | 1.2% | +$1.2M | |
| 19 | PBRPETROLEO BRASILEIRO S A | 133K | $2.8M | 1.1% | +$1.2M | |
| 20 | EFVISHARES TR | 36K | $2.7M | 1.1% | +$105K | |
| 21 | KOFCOCA-COLA FEMSA SAB DE CV | 25K | $2.4M | 1.0% | +$70K | |
| 22 | SESEA LTD | NEW | 28K | $2.3M | 0.9% | new |
| 23 | VWOVANGUARD INTL EQUITY INDEX F | 38K | $2.0M | 0.8% | +$11K | |
| 24 | VALEVALE S A | 122K | $1.9M | 0.8% | +$351K | |
| 25 | CVXCHEVRON CORPORATION | 9K | $1.8M | 0.7% | +$474K | |
| 26 | RIORIO TINTO PLC | 17K | $1.6M | 0.6% | +$225K | |
| 27 | BHPBHP BILLITON LIMITED | 20K | $1.5M | 0.6% | +$247K | |
| 28 | CPNGCOUPANG INC | NEW | 60K | $1.1M | 0.5% | new |
| 29 | ABEVAMBEV SA | 388K | $1.1M | 0.5% | +$175K | |
| 30 | AXIACENTRAIS ELET BRAS SA | 100K | $1.1M | 0.5% | +$212K | |
| 31 | ARCCARES CAPITAL CORP | ADD | 63K | $1.1M | 0.5% | +$358K |
| 32 | XLESELECT SECTOR SPDR TR | 16K | $980K | 0.4% | +$265K | |
| 33 | VDEVANGUARD WORLD FD | 5K | $917K | 0.4% | +$250K | |
| 34 | SBSCOMPANHIA DE SANEAMENTO BASI | ADD | 30K | $902K | 0.4% | +$209K |
| 35 | JBS N.V. | 43K | $778K | 0.3% | +$153K | |
| 36 | DLOCAL LTD | NEW | 56K | $726K | 0.3% | new |
| 37 | XP INC | 37K | $706K | 0.3% | +$99K | |
| 38 | BBDBANCO BRADESCO S A | 188K | $686K | 0.3% | +$60K | |
| 39 | VTVVANGUARD INDEX FDS | 3K | $657K | 0.3% | +$17K | |
| 40 | VIVTELEFONICA BRASIL SA | 41K | $655K | 0.3% | +$167K | |
| 41 | AGNCAGNC INVT CORP | 60K | $602K | 0.2% | -$41K | |
| 42 | OBDCBLUE OWL CAPITAL CORPORATION | ADD | 51K | $568K | 0.2% | -$59K |
| 43 | PAGSEGURO DIGITAL LTD | NEW | 56K | $561K | 0.2% | new |
| 44 | NVDANVIDIA CORPORATION | NEW | 3K | $523K | 0.2% | new |
| 45 | BSBRBANCO SANTANDER BRASIL S A | 88K | $522K | 0.2% | -$16K | |
| 46 | SHELSHELL PLC | 5K | $465K | 0.2% | +$98K | |
| 47 | TIMBTIM S A | 16K | $417K | 0.2% | +$111K | |
| 48 | AMZNAMAZON COM INC | ADD | 2K | $417K | 0.2% | +$186K |
| 49 | EMBISHARES TR | 4K | $404K | 0.2% | -$10K | |
| 50 | FSKFS KKR CAP CORP | 36K | $366K | 0.1% | -$167K | |
| 51 | COPCONOCOPHILLIPS | 3K | $356K | 0.1% | +$104K | |
| 52 | CIGCIA ENERGETICA DE MINAS GERA | 148K | $353K | 0.1% | +$58K | |
| 53 | SUZSUZANO S A | 34K | $336K | 0.1% | +$23K | |
| 54 | MAINMAIN STR CAP CORP | ADD | 6K | $332K | 0.1% | -$41K |
| 55 | GGBGERDAU SA | 86K | $311K | 0.1% | -$7K | |
| 56 | STONECO LTD | 22K | $311K | 0.1% | -$15K | |
| 57 | AXIA/PCCENTRAIS ELET BRAS SA | TRIM | 26K | $287K | 0.1% | +$61K |
| 58 | GOOGALPHABET INC | NEW | 1K | $287K | 0.1% | new |
| 59 | SCHPSCHWAB STRATEGIC TR | 10K | $266K | 0.1% | +$1K | |
| 60 | UGPULTRAPAR PARTICIPACOES SA | 47K | $257K | 0.1% | +$81K | |
| 61 | CSWCCAPITAL SOUTHWEST CORP | 9K | $188K | 0.1% | -$255 | |
| 62 | OCSLOAKTREE SPECIALTY LENDING | ADD | 16K | $178K | 0.1% | -$19K |
| 63 | CCAPCRESCENT CAP BDC INC | 9K | $109K | 0.0% | -$17K | |
| 64 | BMYBRISTOL-MYERS SQUIBB CO | 100 | $6K | 0.0% | +$671 | |
| 65 | PFEPFIZER INC | 100 | $3K | 0.0% | +$318 |
Source: SEC Form 13F. Values are as-of 2026-03-31 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).