Sagil Capital LLP Buys Bbva Banco Frances,S.A., Banco Santander Mexico SA, Gerdau SA, Sells PagSeguro Digital, Banco Macro SA, Petroleo Brasileiro SA Petrobras

• New Purchases: BBAR, BSMX, GGB, AGRO, OMAB, CBD,
• Added Positions: SLV, IBA,
• Reduced Positions: PBR.A, YPF, IAU,
• Sold Out: PAGS, BMA, KOF, BRFS,

For the details of Sagil Capital LLP's stock buys and sells, go to https://www.gurufocus.com/guru/sagil+capital+llp/current-portfolio/portfolioportfolio

1. Bbva Banco Frances,S.A. (BBAR) - 1,732,911 shares, 15.68% of the total portfolio. New Position
2. iShares Silver Trust (SLV) - 1,170,000 shares, 13.40% of the total portfolio. Shares added by 80.00%
3. Ternium SA (TX) - 513,700 shares, 9.21% of the total portfolio.
4. Grupo Aval Acciones y Valores SA (AVAL) - 1,361,687 shares, 8.68% of the total portfolio.
5. Banco Santander Mexico SA (BSMX) - 1,340,000 shares, 8.19% of the total portfolio. New Position

Sagil Capital LLP initiated holding in Bbva Banco Frances,S.A.. The purchase prices were between $7.67 and $11.34, with an estimated average price of $9.32. The stock is now traded at around $11.02. The impact to a portfolio due to this purchase was 15.68%. The holding were 1,732,911 shares as of .

Sagil Capital LLP initiated holding in Banco Santander Mexico SA. The purchase prices were between $6.86 and $8.65, with an estimated average price of $7.74. The stock is now traded at around $6.68. The impact to a portfolio due to this purchase was 8.19%. The holding were 1,340,000 shares as of .

Sagil Capital LLP initiated holding in Gerdau SA. The purchase prices were between $3.33 and $4.22, with an estimated average price of $3.69. The stock is now traded at around $3.14. The impact to a portfolio due to this purchase was 6.22%. The holding were 2,000,000 shares as of .

Sagil Capital LLP initiated holding in Adecoagro SA. The purchase prices were between $6.25 and $7.14, with an estimated average price of $6.82. The stock is now traded at around $6.58. The impact to a portfolio due to this purchase was 5.92%. The holding were 1,037,027 shares as of .

Sagil Capital LLP initiated holding in Grupo Aeroportuario del Centro Norte SAB de CV. The purchase prices were between $45.73 and $52.8, with an estimated average price of $49.43. The stock is now traded at around $45.89. The impact to a portfolio due to this purchase was 5.62%. The holding were 143,721 shares as of .

Sagil Capital LLP initiated holding in Companhia Brasileira De Distribuicao. The purchase prices were between $19.22 and $24.84, with an estimated average price of $22.71. The stock is now traded at around $23.20. The impact to a portfolio due to this purchase was 4.66%. The holding were 237,894 shares as of .

Sagil Capital LLP added to a holding in iShares Silver Trust by 80.00%. The purchase prices were between $13.46 and $14.46, with an estimated average price of $13.96. The stock is now traded at around $16.00. The impact to a portfolio due to this purchase was 5.96%. The holding were 1,170,000 shares as of .

Sagil Capital LLP sold out a holding in PagSeguro Digital Ltd. The sale prices were between $25.3 and $38.97, with an estimated average price of $30.89.

Sagil Capital LLP sold out a holding in Banco Macro SA. The sale prices were between $39.73 and $72.85, with an estimated average price of $51.56.

Sagil Capital LLP sold out a holding in Coca-Cola Femsa SAB de CV. The sale prices were between $62.03 and $68.51, with an estimated average price of $64.08.

Sagil Capital LLP sold out a holding in BRF SA. The sale prices were between $5.96 and $7.92, with an estimated average price of $7.24.