Instuitional Investor - Ping Capital Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ypf Sociedad Anonima	YPF	1,378,200	$63,700,404	18.18%
2.	Invesco Qqq TrCALLCALL		55,200	$31,860,336	9.1%
3.	Pampa Energy Inc.	PAM	329,500	$29,160,750	8.32%
4.	Banco Bbva Argentina S.a.	BBAR	1,739,600	$27,937,976	7.98%
5.	Grupo Financiero Galicia Sa	GGAL	520,500	$24,312,555	6.94%