Instuitional Investor - Vinland Capital Management Gestora De Recursos Ltda.
 13F Holdings  
  Filing Period:  
 | No. | Security | Ticker | Shares | Value | % Port | 
|---|---|---|---|---|---|
| 1. | ITUB | 4,231,673.6 | $775,600 | 22.01% | |
| 2. | ITUB | 3,942,118.4 | $722,529 | 20.51% | |
| 3. | Ishares IncPUT  |  EWA | 15,867,299 | $704,900 | 20% | 
| 4. | Dbx Etf TrCALLCALL  |  8,046,880 | $304,000 | 8.62% | |
| 5. | Ishares IncCALL  |  EWA | 4,745,108 | $210,800 | 5.98% |