Instuitional Investor - Vinland Capital Management Gestora De Recursos Ltda.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Almacenes Exito S A		11,696,667	$83,865,102	21.14%
2.	Vale S A	VALE	4,887,490	$77,515,591	19.54%
3.	Petroleo Brasileiro Sa Petrobras	PBR	3,353,610	$54,197,741	13.66%
4.	Ishares Inc	EWA	3,100,421	$39,715,726	10.01%
5.	Apple Inc.	AAPL	187,630	$36,124,404	9.1%