 MERCADOLIBRE INC COMMELI |
| 33.39% | 34.22% | $40.7M | 23,992 | $41.9M | 24,151 | -159-0.66% | Reduce |
| IISHARES TRIVV |
| 5.84% | — | $7.1M | 9,508 | $0 | 0 | +9,508 | New Buy |
 VALE S AVALE |
| 5.5% | 9.48% | $6.7M | 446,015 | $11.6M | 730,578 | -284,563-38.95% | Reduce |
| IISHARES MSCI ACWI ETFTOK |
| 5.4% | — | $6.6M | 41,923 | $0 | 0 | +41,923 | New Buy |
| GGRUPO CIBEST SACIB |
| 5.02% | 5.4% | $6.1M | 77,141 | $6.6M | 90,902 | -13,761-15.14% | Reduce |
| SSTATE STR SPDR S&P 500 ETF TSPY |
| 4.53% | — | $5.5M | 7,396 | $0 | 0 | +7,396 | New Buy |
| IISHARES TR MSCI AC ASIA ETFAAXJ |
| 4.12% | 2.44% | $5.0M | 42,108 | $3.0M | 31,077 | +11,031+35.50% | Add |
 SOCIEDAD QUIMICA Y MINERA DESQM |
| 3.11% | 7.33% | $3.8M | 51,208 | $9.0M | 110,993 | -59,785-53.86% | Reduce |
| PPETROLEO BRASILEIRO S APBR |
| 3.08% | 4.8% | $3.8M | 232,807 | $5.9M | 283,719 | -50,912-17.94% | Reduce |
| IISHARES MSCI SOUTH KOREAETFEWY |
| 2.81% | 1.59% | $3.4M | 16,957 | $1.9M | 15,820 | +1,137+7.19% | Add |
| IISHARES INCEWC |
| 2.8% | — | $3.4M | 59,340 | $0 | 0 | +59,340 | New Buy |
| IISHARES TRILF |
| 2.8% | 2.28% | $3.4M | 101,134 | $2.8M | 78,658 | +22,476+28.57% | Add |
| IISHARES TRAGG |
| 2.61% | 3.44% | $3.2M | 32,139 | $4.2M | 42,523 | -10,384-24.42% | Reduce |
| IISHARES TRMCHI |
| 2.06% | 2.2% | $2.5M | 49,259 | $2.7M | 47,965 | +1,294+2.70% | Add |
| GGRUPO AEROMEXICO SAB DE CVAERO |
| 1.91% | 3.43% | $2.3M | 129,625 | $4.2M | 300,000 | -170,375-56.79% | Reduce |
 VISTA ENERGY S.A.B. DE C.V.VIST |
| 1.91% | 4.53% | $2.3M | 36,484 | $5.5M | 73,536 | -37,052-50.39% | Reduce |
| VVANGUARD TOTALBND |
| 1.76% | 1.76% | $2.1M | 29,276 | $2.2M | 29,276 | 00.00% | Unchanged |
| LLATAM AIRLINES GROUP SALTM |
| 1.46% | 2.39% | $1.8M | 30,610 | $2.9M | 59,184 | -28,574-48.28% | Reduce |
| IISHARES TREEM |
| 1.44% | 0.5% | $1.8M | 25,721 | $613,502 | 10,803 | +14,918+138.09% | Add |
| CCIA DE MINAS BUENAVENTUR-ADR (US)BVN |
| 1.38% | 1.75% | $1.7M | 57,286 | $2.2M | 59,659 | -2,373-3.98% | Reduce |
| TTRANSPORTADORA DE GAS SURTGS |
| 1.18% | 3.54% | $1.4M | 48,231 | $4.3M | 125,393 | -77,162-61.54% | Reduce |
| IISHARES INCEZA |
| 1.17% | 0.98% | $1.4M | 22,579 | $1.2M | 17,700 | +4,879+27.56% | Add |
| IISHARES TRKSA |
| 1.17% | 0.85% | $1.4M | 38,122 | $1.0M | 26,123 | +11,999+45.93% | Add |
| IISHARES MSCI INDIA ETFINDA |
| 0.88% | 0.83% | $1.1M | 21,847 | $1.0M | 21,847 | 00.00% | Unchanged |
| IISHARES INCIEMG |
| 0.6% | 0.5% | $733,548 | 8,855 | $617,636 | 8,855 | 00.00% | Unchanged |
| IISHARES TR MSCI UAEQAT |
| 0.51% | 0.36% | $626,570 | 32,960 | $445,660 | 23,896 | +9,064+37.93% | Add |
| IISHARES INCURTH |
| 0.43% | — | $522,609 | 2,579 | $0 | 0 | +2,579 | New Buy |
| IISHARES INCEWA |
| 0.37% | — | $455,037 | 16,159 | $0 | 0 | +16,159 | New Buy |
| VVANGUARD INDEX FDSVOO |
| 0.36% | — | $435,438 | 634 | $0 | 0 | +634 | New Buy |
| IISHARES TRQAT |
| 0.23% | 0.22% | $280,476 | 15,582 | $270,667 | 14,552 | +1,030+7.08% | Add |
| LLOMA NEGRA C I A S A MTN 14LOMA |
| 0.16% | 1.68% | $194,925 | 17,024 | $2.1M | 185,608 | -168,584-90.83% | Reduce |
