Instuitional Investor - Ping Capital Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ypf Sociedad Anonima	YPF	1,611,500	$73,274,905	18.27%
2.	Grupo Financiero Galicia Sa	GGAL	832,400	$41,644,972	10.39%
3.	Banco Bbva Argentina S.a.	BBAR	1,703,800	$33,411,518	8.33%
4.	Pampa Energy Inc.	PAM	368,000	$30,223,840	7.54%
5.	Invesco Qqq TrCALLCALL		29,800	$21,944,720	5.47%