BW Gestao de Investimentos Ltda. Q1 2017 Filing

Filed May 9, 2017

Portfolio Value

$356.3B

Holdings

72

Report Date

Q1 2017

Filing Type

13F-HR

All Holdings (72 positions)

#StockSharesValue% PortfolioType
1
ICVTISHARES CONVERTIBLE BOND ETF
1,981,802$102.0B28.62%
2
MPCMARATHON PETROLEUM CORP
550,000$27.8B7.80%
3
STLDSTEEL DYNAMICS INC
714,573$24.8B6.97%
4
WMBWILLIAMS COMPANIES INC
830,000$24.6B6.89%
5
SEESEALED AIR CORP - NEW
500,000$21.8B6.12%
6
ENCANA CORP
1,550,000$18.2B5.09%
7
VOOVANGUARD S&P 500 ETF
76,877$16.6B4.67%
8
CTRACABOT OIL & GAS CORP
600,000$14.3B4.03%
9
VEAVANGUARD FTSE DEVELOPED ETF
277,986$10.9B3.07%
10
NUENUCOR CORP
175,000$10.5B2.93%
11
FCXFREEPORT-MCMORAN INC
750,000$10.0B2.81%
12
TECK/BTECK RESOURCES LTD-CLS B
350,000$7.7B2.15%
13
HALHALLIBURTON CO
150,000$7.4B2.07%
14
EPDENTERPRISE PRODUCTS PRTNS LP
250,000$6.9B1.94%
15
PKGPACKAGING CORP OF AMERICA
72,533$6.6B1.87%
16
WRKUSDWESTROCK CO-WHEN ISSUED
100,000$5.2B1.46%
17
PXGBXPRAXAIR INC
35,000$4.2B1.17%
18
VNQVANGUARD REIT ETF
48,600$4.0B1.13%
19
VBVANGUARD SMALL-CAP ETF
22,069$2.9B0.83%
20
STZCONSTELLATION BRANDS INC-A
10,000$1.6B0.45%
21
SJMSMUCKER (J.M.) CO-NEW CO
10,000$1.3B0.37%
22
TRQEURTURQUOISE HILL RESOURCES LTD
399,500$1.2B0.34%
23
SATSECHOSTAR CORP-A
19,610$1.1B0.31%
24
AINALBANY INTL CORP-CL A
23,246$1.1B0.30%
25
EWPISHARES MSCI SPAIN INDEX FUND
34,358$1.0B0.29%
26
SYU1SYNOVUS FINANCIAL CORP
24,551$1.0B0.28%
27
GOOGLALPHABET INC-CL A
1,000$848.0M0.24%
28
FOREST CITY REALTY TRUST- A
37,359$814.0M0.23%
29
VWOVANGUARD EMERGING MARKET
20,290$806.0M0.23%
30
CAPITAL BANK FINANCIAL-CL A
18,379$798.0M0.22%
31
PRIPRIMERICA INC
9,035$743.0M0.21%
32
AIZASSURANT INC
7,335$702.0M0.20%
33
VRTSVIRTUS INVESTMENT PARTNERS
6,263$663.0M0.19%
34
MUSAMURPHY USA INC
9,028$663.0M0.19%
35
COLONY NORTHSTAR INC-CLASS A
48,348$624.0M0.18%
36
DELTIC TIMBER CORP
7,877$615.0M0.17%
37
MGRCMCGRATH RENTCORP
18,325$615.0M0.17%
38
NPOENPRO INDUSTRIES INC
8,570$610.0M0.17%
39
ATNIATLANTIC TELE-NETWORK INC
8,626$607.0M0.17%
40
MFAUSDMFA FINANCIAL INC
69,822$564.0M0.16%
41
RGSUSDREGIS CORP
45,180$530.0M0.15%
42
NXSTNEXSTAR MEDIA GROUP INC
7,535$529.0M0.15%
43
ARCCAREC CAPITAL CORP
29,944$520.0M0.15%
44
NEENAH PAPER INC
6,710$501.0M0.14%
45
PARRPAR PACIFIC HOLDINGS INC
30,183$498.0M0.14%
46
CBPXEURCONTINENTAL BUILDING PRODUCT
19,755$484.0M0.14%
47
DENNDENNY'S CORPORATION
38,971$482.0M0.14%
48
BRBROADRIDGE FINANCIAL SOLUTIO
6,955$473.0M0.13%
49
ALTISOURCE RESIDENTI-CL B-WI
30,812$470.0M0.13%
50
KAIKADANT INC
7,493$445.0M0.12%
51
CTSCTS CORP
20,565$438.0M0.12%
52
CORECORE-MARK HOLDING CO INC
13,814$431.0M0.12%
53
TFSLTFS FINANCIAL CORP
24,510$407.0M0.11%
54
MMSMAXIMUS INC
6,527$406.0M0.11%
55
NATIONAL GENERAL HLDGS
15,350$365.0M0.10%
56
CLWCLEARWATER PAPER CORP
6,260$351.0M0.10%
57
DIGITALGLOBE INC
10,721$351.0M0.10%
58
OCFCOCEANFIRST FINANCIAL CORP
12,430$350.0M0.10%
59
XHRXENIA HOTELS & RESORTS INC
20,325$347.0M0.10%
60
KBESPDR S&P BANK ETF
8,003$344.0M0.10%
61
PROVIDENCE SERVICE CORP
7,705$342.0M0.10%
62
NBHCNATIONAL BANK HOLD-CL A
9,365$304.0M0.09%
63
LORAL SPACE & COMMUNICATIONS
7,585$299.0M0.08%
64
DST SYSTEMS INC
2,420$296.0M0.08%
65
CASYCASEYS GENERAL STORES INC
2,567$288.0M0.08%
66
RNSTRENASANT CORP
7,193$285.0M0.08%
67
LF2PACIFIC PREMIER BANCORP INC
6,871$265.0M0.07%
68
SSDSIMPSON MANUFACTURING CO INC
5,909$255.0M0.07%
69
TGNATEGNA INC
9,657$247.0M0.07%
70
CGCARLYLE GROUP/THE
13,899$222.0M0.06%
71
FSSFEDERAL SIGNAL CORP
13,330$184.0M0.05%
72
SGUSTAR GAS PARTNERS L.P.
11,755$108.0M0.03%