13F holdings as of 2024-09-30 · vs 2024-06-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | VEAVANGUARD TAX-MANAGED FDS | 783K | $41.3M | 14.4% | +$2.7M | |
| 2 | VTIVANGUARD INDEX FDS | 110K | $31.1M | 10.9% | +$1.7M | |
| 3 | VWOVANGUARD INTL EQUITY INDEX F | 553K | $26.5M | 9.2% | +$2.3M | |
| 4 | IAUISHARES GOLD TR | TRIM | 530K | $26.4M | 9.2% | +$513K |
| 5 | VIGVANGUARD SPECIALIZED FUNDS | 129K | $25.6M | 8.9% | +$2.0M | |
| 6 | GUNRFLEXSHARES TR | 528K | $21.8M | 7.6% | +$586K | |
| 7 | EWZISHARES INC | 601K | $17.7M | 6.2% | +$1.3M | |
| 8 | EWCISHARES INC | 352K | $14.6M | 5.1% | +$1.6M | |
| 9 | ACWIISHARES TR | 86K | $10.3M | 3.6% | +$616K | |
| 10 | EMLCVANECK ETF TRUST | 316K | $8.0M | 2.8% | +$512K | |
| 11 | IEMGISHARES INC | 127K | $7.3M | 2.5% | +$492K | |
| 12 | GNRSPDR INDEX SHS FDS | 78K | $4.5M | 1.6% | +$141K | |
| 13 | NU HLDGS LTD | 323K | $4.4M | 1.5% | +$245K | |
| 14 | FCXFREEPORT MCMORAN INC | ADD | 81K | $4.0M | 1.4% | +$447K |
| 15 | VNQVANGUARD INDEX FDS | TRIM | 40K | $3.9M | 1.3% | -$380K |
| 16 | AGNCAGNC INVT CORP | 350K | $3.7M | 1.3% | +$322K | |
| 17 | VALEVALE S A | ADD | 267K | $3.1M | 1.1% | +$248K |
| 18 | MELIMERCADOLIBRE INC | 1K | $3.1M | 1.1% | +$610K | |
| 19 | EWUISHARES TR | 76K | $2.8M | 1.0% | +$192K | |
| 20 | ITUBITAU UNIBANCO HLDG S A | 387K | $2.6M | 0.9% | +$313K | |
| 21 | KOFCOCA-COLA FEMSA SAB DE CV | 25K | $2.2M | 0.8% | +$71K | |
| 22 | EFVISHARES TR | 36K | $2.1M | 0.7% | +$160K | |
| 23 | PBR/APETROLEO BRASILEIRO S A | 154K | $2.0M | 0.7% | -$69K | |
| 24 | PBRPETROLEO BRASILEIRO S A | 133K | $1.9M | 0.7% | -$11K | |
| 25 | EWJISHARES INC | 24K | $1.7M | 0.6% | +$78K | |
| 26 | ABEVAMBEV SA | 617K | $1.5M | 0.5% | +$241K | |
| 27 | CNQCANADIAN NAT RES LTD MED TER | NEW | 35K | $1.2M | 0.4% | new |
| 28 | BSBRBANCO SANTANDER BRASIL S A | 158K | $831K | 0.3% | +$51K | |
| 29 | VIVTELEFONICA BRASIL SA | 72K | $743K | 0.3% | +$149K | |
| 30 | AXIACENTRAIS ELET BRAS SA | 100K | $724K | 0.3% | +$80K | |
| 31 | NLYANNALY CAPITAL MANAGEMENT IN | 35K | $702K | 0.2% | +$35K | |
| 32 | XLESELECT SECTOR SPDR TR | 8K | $702K | 0.2% | -$27K | |
| 33 | XP INC | 37K | $665K | 0.2% | +$13K | |
| 34 | VDEVANGUARD WORLD FD | 5K | $649K | 0.2% | -$27K | |
| 35 | SUZSUZANO S A | 59K | $588K | 0.2% | -$16K | |
| 36 | VTVVANGUARD INDEX FDS | 3K | $585K | 0.2% | +$47K | |
| 37 | BBDBANCO BRADESCO S A | 188K | $500K | 0.2% | +$79K | |
| 38 | SBSCOMPANHIA DE SANEAMENTO BASI | 29K | $474K | 0.2% | +$89K | |
| 39 | EMBISHARES TR | 4K | $402K | 0.1% | +$22K | |
| 40 | CVXCHEVRON CORPORATION | NEW | 3K | $398K | 0.1% | new |
| 41 | XOMEXXON MOBIL CORP | NEW | 3K | $387K | 0.1% | new |
| 42 | TIMBTIM S A | 20K | $350K | 0.1% | +$59K | |
| 43 | CIGCIA ENERGETICA DE MINAS GERA | 148K | $304K | 0.1% | +$44K | |
| 44 | GGBGERDAU SA | 86K | $302K | 0.1% | +$17K | |
| 45 | COPCONOCOPHILLIPS | NEW | 3K | $284K | 0.1% | new |
| 46 | SCHPSCHWAB STRATEGIC TR | 5K | $268K | 0.1% | +$8K | |
| 47 | BHPBHP BILLITON LIMITED | NEW | 4K | $248K | 0.1% | new |
| 48 | STONECO LTD | ADD | 22K | $248K | 0.1% | +$26K |
| 49 | EWMISHARES INC | 8K | $203K | 0.1% | +$34K | |
| 50 | 10552T107 | 46K | $201K | 0.1% | +$14K | |
| 51 | CSANCOSAN S A | 19K | $182K | 0.1% | -$3K | |
| 52 | UGPULTRAPAR PARTICIPACOES SA | 47K | $181K | 0.1% | -$1K | |
| 53 | VNQIVANGUARD INTL EQUITY INDEX F | 4K | $169K | 0.1% | +$23K | |
| 54 | RIORIO TINTO PLC | NEW | 2K | $142K | 0.0% | new |
| 55 | SIDCOMPANHIA SIDERURGICA NACION | 56K | $133K | 0.0% | +$5K | |
| 56 | BAKBRASKEM SA | 17K | $126K | 0.0% | +$15K |
Source: SEC Form 13F. Values are as-of 2024-09-30 (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).