SPX Equities Gestao de Recursos Ltda Buys iShares MSCI Brazil Capped ETF, MercadoLibre Inc, Ishares MSCI India, Sells iShares MSCI Emerging Markets ETF, iShares MSCI South Korea Capped ETF, iShares China Large-Cap ETF

• New Purchases: MELI, INDA, S, LOW, RSX, PAGS, CCU, IP, SAN, RIO, TSN, CPA, TS,
• Added Positions: EWZ, TMUS, TSU, ENIC,
• Reduced Positions: EWY, VALE, PBR.A, ARMK, BSMX, CCK, CIG, BBD, TX, TV,
• Sold Out: EEM, FXI, EBAY, PBR, AZUL, AVP, BBAR, BA, CZZ, GGB, ARCO, ALB, MT, SID, MPC, DESP, CEPU, IRCP,

For the details of SPX Equities Gestao de Recursos Ltda's stock buys and sells, go to https://www.gurufocus.com/guru/spx+equities+gestao+de+recursos+ltda/current-portfolio/portfolio

1. Vale SA (VALE) - 8,792,105 shares, 17.36% of the total portfolio. Shares reduced by 14.31%
2. Aramark (ARMK) - 1,231,654 shares, 9.22% of the total portfolio. Shares reduced by 10.32%
3. T-Mobile US Inc (TMUS) - 611,534 shares, 8.27% of the total portfolio. Shares added by 46.27%
4. iShares MSCI Brazil Capped ETF (EWZ) - 1,104,522 shares, 7.99% of the total portfolio. Shares added by 958.85%
5. MercadoLibre Inc (MELI) - 73,270 shares, 6.93% of the total portfolio. New Position

SPX Equities Gestao de Recursos Ltda initiated holding in MercadoLibre Inc. The purchase prices were between $537.29 and $690.1, with an estimated average price of $606.6. The stock is now traded at around $550.19. The impact to a portfolio due to this purchase was 6.93%. The holding were 73,270 shares as of .

SPX Equities Gestao de Recursos Ltda initiated holding in Ishares MSCI India. The purchase prices were between $31.01 and $35.85, with an estimated average price of $33.05. The stock is now traded at around $33.20. The impact to a portfolio due to this purchase was 5.01%. The holding were 869,600 shares as of .

SPX Equities Gestao de Recursos Ltda initiated holding in Sprint Corp. The purchase prices were between $6.05 and $7.99, with an estimated average price of $6.88. The stock is now traded at around $6.44. The impact to a portfolio due to this purchase was 4.22%. The holding were 3,986,931 shares as of .

SPX Equities Gestao de Recursos Ltda initiated holding in Lowe's Companies Inc. The purchase prices were between $93.38 and $115.28, with an estimated average price of $105.63. The stock is now traded at around $112.15. The impact to a portfolio due to this purchase was 4.18%. The holding were 221,200 shares as of .

SPX Equities Gestao de Recursos Ltda initiated holding in VanEck Vectors Russia ETF. The purchase prices were between $21.47 and $24.12, with an estimated average price of $23.05. The stock is now traded at around $23.08. The impact to a portfolio due to this purchase was 4.03%. The holding were 1,030,000 shares as of .

SPX Equities Gestao de Recursos Ltda initiated holding in PagSeguro Digital Ltd. The purchase prices were between $38.53 and $52.88, with an estimated average price of $46.41. The stock is now traded at around $39.51. The impact to a portfolio due to this purchase was 2.29%. The holding were 287,901 shares as of .

SPX Equities Gestao de Recursos Ltda added to a holding in iShares MSCI Brazil Capped ETF by 958.85%. The purchase prices were between $38.89 and $46.73, with an estimated average price of $43.13. The stock is now traded at around $41.88. The impact to a portfolio due to this purchase was 7.24%. The holding were 1,104,522 shares as of .

SPX Equities Gestao de Recursos Ltda added to a holding in T-Mobile US Inc by 46.27%. The purchase prices were between $74.15 and $84.25, with an estimated average price of $78.32. The stock is now traded at around $79.81. The impact to a portfolio due to this purchase was 2.62%. The holding were 611,534 shares as of .

SPX Equities Gestao de Recursos Ltda added to a holding in Tim Participacoes SA by 363.51%. The purchase prices were between $14.04 and $16.39, with an estimated average price of $15.11. The stock is now traded at around $13.61. The impact to a portfolio due to this purchase was 2.53%. The holding were 1,311,816 shares as of .

SPX Equities Gestao de Recursos Ltda added to a holding in Enel Chile SA by 67.92%. The purchase prices were between $3.98 and $4.73, with an estimated average price of $4.39. The stock is now traded at around $4.77. The impact to a portfolio due to this purchase was 0.26%. The holding were 890,000 shares as of .

SPX Equities Gestao de Recursos Ltda sold out a holding in iShares MSCI Emerging Markets ETF. The sale prices were between $38.74 and $43.42, with an estimated average price of $41.29.

SPX Equities Gestao de Recursos Ltda sold out a holding in iShares China Large-Cap ETF. The sale prices were between $37.67 and $43.4, with an estimated average price of $40.57.

SPX Equities Gestao de Recursos Ltda sold out a holding in eBay Inc. The sale prices were between $38.37 and $41.57, with an estimated average price of $40.11.

SPX Equities Gestao de Recursos Ltda sold out a holding in Petroleo Brasileiro SA Petrobras. The sale prices were between $12.79 and $16.83, with an estimated average price of $14.68.

SPX Equities Gestao de Recursos Ltda sold out a holding in Azul SA. The sale prices were between $32.85 and $41.94, with an estimated average price of $37.33.

SPX Equities Gestao de Recursos Ltda sold out a holding in Avon Products Inc. The sale prices were between $3.84 and $4.78, with an estimated average price of $4.22.