Joseph Oughourlian and Michel Brogard
| Fund Name: | Amber Capital |
| Manager | Joseph Oughourlian And Michel Brogard |
| Portfolio Value | $126,990,000 |
| Change This QTR | 0.00% |
| No. | Security | Ticker | Shares | Value (x$1000) | Activity | % Port |
|---|---|---|---|---|---|---|
| 1.) | GTE | 18,067,506 | $87,295 | +15% |
68.74% | |
| 2.) | WLT | 252,285 | $15,278 |  |
12.03% | |
| 3.) | ITUB | 432,500 | $8,027 | |
6.32% | |
| 4.) | CVC | 428,541 | $6,094 | |
4.79% | |
| 5.) | Market Vectors E T F TrustPUTPUT |
180,000 | $4,446 | -28% |
3.5% | |
| 6.) | Arcos Dorados Holdings |
207,000 | $4,249 | |
3.34% | |
| 7.) | TGS | 302,262 | $908 |  |
0.71% | |
| 8.) | PZE | 54,877 | $693 | |
0.54% | |
| 9.) | SPY | 0 | $0 |  |
0% | |
| 10.) | GLD | 0 | $0 | |
0% | |
| 11.) | Spdr Series TrustPUTPUT |
0 | $0 | |
0% | |
| 12.) | WLT | 0 | $0 | |
0% |
