BW Gestao de Investimentos Ltda.

Q1 2014 13F-HR Holdings

Location
Sao Paulo, D5
Holdings as of
3/31/2014
Date filed
5/7/2014
Form type
13F-HR
Num holdings
56
Total value ($000)
$183,642
Net value change ($000)
-106,743 (-36.8%)
New positions
3
Sold out positions
6
Turnover %
77.0%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
VALE 27,100 NEW
PACIFIC DRILLING SA LUXEMBOU 5,260 15.7%
FOX CORP CLASS B 937 NEW
JPM 421 3.8%
APC 356 NEW
ORCL 315 9.5%
MSFT 285 9.5%
KO 190 6.4%
EWP 131 5.8%
STZ 129 20.8%
Top Reduces (Value $000, Stocks/ETFs)
VGK -60,858 -100.0%
EEM -47,179 -100.0%
FEZ -7,336 -61.6%
Alphabet Inc. Class C -1,173 -100.0%
TWENTY FIRST CENTY FOX INC -1,158 -34.0%
EWY -1,110 -4.9%
APOLLO -441 -100.0%
BDX -276 -100.0%
GLW -250 -52.9%
C -105 -1.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 3,929 (2.1% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type