BW Gestao de Investimentos Ltda. Q1 2018 Filing

Filed May 15, 2018

Portfolio Value

$778.7B

Holdings

90

Report Date

Q1 2018

Filing Type

13F-HR

All Holdings (90 positions)

#StockSharesValue% PortfolioType
1
SPYSPDR S&P500 ETF TRUST
1,000,000$263.1B33.79%Call
2
ICVTISHARES CONVERTIBLE BOND ETF
3,000,050$169.0B21.70%
3
XLFAMEX FINANCIAL SELECT SPDR IDX
3,682,300$101.5B13.04%Put
4
EEMVISHARES EDGE MSCI MIN VOL EMER
391,257$24.4B3.13%
5
COPXGLOBAL X COPPER MINERS ETF
855,593$22.2B2.85%
6
FXIISHARES FTSE CHINA 25 INDEX FU
460,000$21.7B2.79%
7
SHWSHERWIN WILLIAMS
38,250$15.0B1.93%
8
BUDANHEUSER-BUSCH INBEV SPN ADR
130,000$14.3B1.84%
9
DEODIAGEO PLC-SPONSORED ADR
93,356$12.6B1.62%
10
EWJISHARES MSCI JAPAN IDX
190,000$11.5B1.48%
11
NEXA RESOURCES SA
389,066$6.8B0.87%
12
VALIDUS HOLDINGS LTD
97,800$6.6B0.85%
13
KWEBKRANESHARES CSI CHINA INTERN
102,400$6.3B0.81%
14
CAAPCORP AMERICA AIRPORTS SA
485,000$6.0B0.77%
15
P5YBRF - BRASIL FODDS SA-ADR
800,000$5.5B0.71%
16
POWERSHARES S&P 500 LOW VOLA
100,000$4.7B0.60%
17
IGVISHARES NORTH AMERICAN TECH-
26,000$4.4B0.57%
18
GOOGLALPHABET INC-CL A
3,500$3.6B0.47%
19
CRMSALESFORCE.COM INC
30,000$3.5B0.45%
20
NFLXNETFLIX INC
10,000$3.0B0.38%
21
ANETEURARISTA NETWORKS INC
11,200$2.9B0.37%
22
SOXXISHARES PHLX SOX SEMICONDUCT
15,000$2.7B0.35%
23
RTN1USDRAYTHEON COMPANY
12,146$2.6B0.34%
24
ADBEADOBE SYSTEMS INC
12,000$2.6B0.33%
25
NOCNORTHROP GRUMMAN CORP
7,407$2.6B0.33%
26
GDGENERAL DYNAMICS CORP
11,368$2.5B0.32%
27
NOWSERVICENOW INC
15,000$2.5B0.32%
28
LMTLOCKHEED MARTIN CORP
7,131$2.4B0.31%
29
BMTABRITISH AMER TOBACCO PLC - ADR
39,000$2.3B0.29%
30
ARMKARAMARK
55,801$2.2B0.28%
31
XLIINDUSTRIAL SELECT SECT SPDR
28,787$2.1B0.27%
32
AINALBANY INTL CORP-CL A
32,047$2.0B0.26%
33
SATSECHOSTAR CORP-A
30,063$1.6B0.20%
34
MGRCMCGRATH RENTCORP
27,642$1.5B0.19%
35
DELLDELL TECHNOLOGIES-CL V W/I
20,000$1.5B0.19%
36
GLINVANECK VECTORS INDIA SMALL-C
22,697$1.3B0.17%
37
WDAYWORKDAY INC-CLASS A
10,000$1.3B0.16%
38
SSDSIMPSON MANUFACTURING CO INC
21,820$1.3B0.16%
39
VRTSVIRTUS INVESTMENT PARTNERS
9,490$1.2B0.15%
40
NXSTNEXSTAR MEDIA GROUP INC
16,478$1.1B0.14%
41
PRIPRIMERICA INC
11,197$1.1B0.14%
42
BKUBANKUNITED INC
25,675$1.0B0.13%
43
CBPXEURCONTINENTAL BUILDING PRODUCT
35,929$1.0B0.13%
44
FCXFREEPORT-MCMORAN INC
54,400$956.0M0.12%
45
TECK/BTECK RESOURCES LTD-CLS B
36,765$947.0M0.12%
46
TRQEURTURQUOISE HILL RESOURCES LTD
303,000$930.0M0.12%
47
AIZASSURANT INC
10,010$915.0M0.12%
48
DENNDENNY'S CORPORATION
58,168$898.0M0.12%
49
KAIKADANT INC
9,437$892.0M0.11%
50
XHRXENIA HOTELS & RESORTS INC
44,842$884.0M0.11%
51
SYU1SYNOVUS FINANCIAL CORP
17,438$871.0M0.11%
52
PCHPOTLATCHDELTIC CORP
16,256$846.0M0.11%
53
RGSUSDREGIS CORP
54,378$823.0M0.11%
54
PROVIDENCE SERVICE CORP
11,846$819.0M0.11%
55
MFAUSDMFA FINANCIAL INC
107,203$807.0M0.10%
56
NATIONAL GENERAL HLDGS
33,215$807.0M0.10%
57
FOREST CITY REALTY TRUST- A
39,629$803.0M0.10%
58
CTSCTS CORP
29,355$798.0M0.10%
59
NBHCNATIONAL BANK HOLD-CL A
23,660$787.0M0.10%
60
STAYUSDEXTENDED STAY AMERICA INC
38,677$765.0M0.10%
61
DSW INC-CLASS A
33,723$757.0M0.10%
62
ARCCAREC CAPITAL CORP
46,932$745.0M0.10%
63
TGSTRANSPORTADOR GAS SUR-SP B
36,176$736.0M0.09%
64
FRONT YARD RESIDENTIAL CORP
73,195$736.0M0.09%
65
WAFDWASHINGTON FEDERAL INC
20,765$718.0M0.09%
66
MUSAMURPHY USA INC
9,732$708.0M0.09%
67
FSSFEDERAL SIGNAL CORP
31,184$687.0M0.09%
68
MMSMAXIMUS INC
10,010$668.0M0.09%
69
DST SYSTEMS INC
7,475$625.0M0.08%
70
BRBROADRIDGE FINANCIAL SOLUTIO
5,594$614.0M0.08%
71
GCI LIBERTY INC - CLASS A
10,904$576.0M0.07%
72
LORAL SPACE & COMMUNICATIONS
13,766$573.0M0.07%
73
TFSLTFS FINANCIAL CORP
37,717$554.0M0.07%
74
SCCOSOUTHERN COPPER CORP
9,200$498.0M0.06%
75
NPOENPRO INDUSTRIES INC
6,293$487.0M0.06%
76
OCFCOCEANFIRST FINANCIAL CORP
17,697$473.0M0.06%
77
RNSTRENASANT CORP
11,034$470.0M0.06%
78
CORECORE-MARK HOLDING CO INC
21,190$450.0M0.06%
79
TGNATEGNA INC
39,358$448.0M0.06%
80
ATNIATLANTIC TELE-NETWORK INC
7,459$445.0M0.06%
81
CASYCASEYS GENERAL STORES INC
3,965$435.0M0.06%
82
NEENAH INC
5,318$417.0M0.05%
83
LF2PACIFIC PREMIER BANCORP INC
9,425$379.0M0.05%
84
COLONY NORTHSTAR INC-CLASS A
65,480$368.0M0.05%
85
PARRPAR PACIFIC HOLDINGS INC
21,071$362.0M0.05%
86
TFINTRIUMPH BANCORP INC
7,481$308.0M0.04%
87
REXREX AMERICAN RESOURCES CORP
4,218$307.0M0.04%
88
SGUSTAR GROUP LP
26,799$251.0M0.03%
89
TRISTATE CAPITAL HLDGS INC
9,604$223.0M0.03%
90
LANDMARK INFRASTRUCTURE PART
10,895$181.0M0.02%