BW Gestao de Investimentos Ltda. Buys iShares MSCI Brazil Capped ETF, Health Care Select Sector SPDR Fund, Facebook Inc, Sells Petroleo Brasileiro SA Petrobras, Bank of America Corporation, Nexa Resources SA

• New Purchases: XLV, FB, IBB, VLUE, PINS, BA, BBDC, BBAR, CBPX, SMMCU, VVI, CULP,
• Added Positions: EWZ, SHW, PAM, BMA, DLX, CCMP, MGLN, SGH, PGC, TSC, DKS, CEPU, CRAI,
• Reduced Positions: XLNX, AMZN, MSFT, TV, FTDR, NXST, EDN, SSD, MUSA, RGS, AIN, TGS, SUPV, MMS, SPB, PRI, SATS, LOMA,
• Sold Out: PBR.A, BAC, NEXA, CAAP, UNVR, ERJ, ARCE, PCH, TRY, ROAN, OKTA, PVTL, LCUT,

For the details of BW Gestao de Investimentos Ltda.'s stock buys and sells, go to https://www.gurufocus.com/guru/bw+gestao+de+investimentos+ltda./current-portfolio/portfolio

1. Sherwin-Williams Co (SHW) - 73,370 shares, 17.70% of the total portfolio. Shares added by 14.44%
2. iShares MSCI Brazil Capped ETF (EWZ) - 664,500 shares, 15.30% of the total portfolio. Shares added by 650.85%
3. Health Care Select Sector SPDR Fund (XLV) - 150,000 shares, 7.32% of the total portfolio. New Position
4. Facebook Inc (FB) - 60,000 shares, 6.10% of the total portfolio. New Position
5. iShares Nasdaq Biotechnology Index Fund (IBB) - 100,000 shares, 5.74% of the total portfolio. New Position

BW Gestao de Investimentos Ltda. initiated holding in Health Care Select Sector SPDR Fund. The purchase prices were between $85.78 and $93.73, with an estimated average price of $89.84. The stock is now traded at around $91.38. The impact to a portfolio due to this purchase was 7.32%. The holding were 150,000 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in Facebook Inc. The purchase prices were between $164.15 and $195.47, with an estimated average price of $182.62. The stock is now traded at around $184.31. The impact to a portfolio due to this purchase was 6.1%. The holding were 60,000 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in iShares Nasdaq Biotechnology Index Fund. The purchase prices were between $99.98 and $114.93, with an estimated average price of $106.31. The stock is now traded at around $105.68. The impact to a portfolio due to this purchase was 5.74%. The holding were 100,000 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in iShares Edge MSCI USA Value Factor ETF. The purchase prices were between $74.66 and $83.24, with an estimated average price of $80.13. The stock is now traded at around $78.12. The impact to a portfolio due to this purchase was 4.27%. The holding were 100,000 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in Pinterest Inc. The purchase prices were between $23.8 and $34.26, with an estimated average price of $27.23. The stock is now traded at around $34.28. The impact to a portfolio due to this purchase was 1.14%. The holding were 79,532 shares as of .

BW Gestao de Investimentos Ltda. initiated holding in Boeing Co. The purchase prices were between $337.37 and $395.86, with an estimated average price of $364.73. The stock is now traded at around $330.99. The impact to a portfolio due to this purchase was 1.12%. The holding were 5,838 shares as of .

BW Gestao de Investimentos Ltda. added to a holding in iShares MSCI Brazil Capped ETF by 650.85%. The purchase prices were between $36.52 and $44.38, with an estimated average price of $40.85. The stock is now traded at around $41.01. The impact to a portfolio due to this purchase was 13.26%. The holding were 664,500 shares as of .

BW Gestao de Investimentos Ltda. added to a holding in Pampa Energia SA by 75.00%. The purchase prices were between $20.3 and $34.8, with an estimated average price of $26.08. The stock is now traded at around $16.67. The impact to a portfolio due to this purchase was 0.55%. The holding were 70,000 shares as of .

BW Gestao de Investimentos Ltda. added to a holding in Banco Macro SA by 66.67%. The purchase prices were between $39.73 and $72.85, with an estimated average price of $51.56. The stock is now traded at around $33.21. The impact to a portfolio due to this purchase was 0.38%. The holding were 25,000 shares as of .

BW Gestao de Investimentos Ltda. added to a holding in Deluxe Corp by 1186.76%. The purchase prices were between $36.85 and $46.94, with an estimated average price of $42.25. The stock is now traded at around $44.78. The impact to a portfolio due to this purchase was 0.34%. The holding were 17,204 shares as of .

BW Gestao de Investimentos Ltda. added to a holding in Cabot Microelectronics Corp by 36.61%. The purchase prices were between $97.47 and $127.18, with an estimated average price of $113.11. The stock is now traded at around $123.65. The impact to a portfolio due to this purchase was 0.1%. The holding were 6,142 shares as of .

BW Gestao de Investimentos Ltda. added to a holding in Magellan Health Inc by 30.26%. The purchase prices were between $61.73 and $74.23, with an estimated average price of $67.19. The stock is now traded at around $67.28. The impact to a portfolio due to this purchase was 0.09%. The holding were 9,673 shares as of .

BW Gestao de Investimentos Ltda. sold out a holding in Petroleo Brasileiro SA Petrobras. The sale prices were between $11.99 and $15.21, with an estimated average price of $13.75.

BW Gestao de Investimentos Ltda. sold out a holding in Bank of America Corporation. The sale prices were between $26.6 and $30.77, with an estimated average price of $28.85.

BW Gestao de Investimentos Ltda. sold out a holding in Nexa Resources SA. The sale prices were between $9.46 and $12.6, with an estimated average price of $10.77.

BW Gestao de Investimentos Ltda. sold out a holding in Corporacion America Airports SA. The sale prices were between $7.05 and $8.19, with an estimated average price of $7.79.

BW Gestao de Investimentos Ltda. sold out a holding in Univar Inc. The sale prices were between $20.01 and $22.94, with an estimated average price of $21.85.

BW Gestao de Investimentos Ltda. sold out a holding in Embraer SA. The sale prices were between $17.15 and $20.34, with an estimated average price of $19.29.