Instuitional Investor - Spx Equities Gestao De Recursos Ltda

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	787,565	$86,072,979	8.03%
2.	Vistra Corp.	VST	351,000	$68,027,310	6.35%
3.	Petroleo Brasileiro Sa Petrobras	PBR	4,990,500	$62,431,155	5.82%
4.	Talen Energy Corp	TLN	170,700	$49,634,439	4.63%
5.	Copa Holdings Sa	CPA	434,244	$47,753,813	4.45%