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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGILETHOUGHT INC CLASS A COM 00857F100 776 150,009 SH   SOLE   150,009 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 7,020 227,515 SH   SOLE   227,515 0 0
GERDAU SA SPON ADR REP PFD 373737105 3,511 818,358 SH   SOLE   818,358 0 0
GRUPO TELEVISA S A B SPON ADR REP ORD 40049J206 4,632 565,758 SH   SOLE   565,758 0 0
MERCADOLIBRE INC COM 58733R102 11,470 18,001 SH   SOLE   18,001 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 24,180 2,070,231 SH   SOLE   2,070,231 0 0
SOUTHERN COPPER CORP COM 84265V105 1,005 20,141 SH   SOLE   20,141 0 0
TERNIUM SA SPONSORED ADS 880890108 3,132 86,754 SH   SOLE   86,754 0 0
VALE S A SPONSORED ADS 91912E105 22,530 1,539,992 SH   SOLE   1,539,992 0 0