Securities ▲▼ | Shares | Value | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Barrick Mining Corporation(B) | 800,000 | 480,000 | -320,000 | $26.22M | $20.90M | 13.06% | -$5.31M |
| Petroleo Brasileiro Sa PetroADR SP ADR NON VTG | 1,800,000 | 1,800,000 | 0 | $21.28M | $20.29M | 12.68% | -$990.0K |
| Teekay Tankers Ltd.CL A(TNK) | 386,099 | 373,640 | -12,459 | $19.52M | $19.96M | 12.47% | +$442.5K |
| Tsakos Energy Navigation LimitedSHS(TEN) | 757,565 | 861,366 | +103,801 | $16.83M | $19.31M | 12.07% | +$2.48M |
| Cmb.Tech NVSHS(CMBT) | 598,570 | 1,397,397 | +798,827 | $5.62M | $13.48M | 8.43% | +$7.86M |
| Nexa Res S A COM | 0 | 1,316,533 | +1,316,533 | $0 | $11.65M | 7.28% | +$11.65M |
| Aura Minerals Inc.SHS NEW(AUGO) | 0 | 155,992 | +155,992 | $0 | $7.86M | 4.91% | +$7.86M |
| Telecom Argentina S.A.ADR(TEO) | 0 | 657,097 | +657,097 | $0 | $7.63M | 4.77% | +$7.63M |
| Aris Mining Corporation(ARIS) | 947,600 | 450,000 | -497,600 | $9.28M | $7.30M | 4.56% | -$1.98M |
| Petróleo Brasileiro S.A. - PetrobrasADR(PBR) | 0 | 611,224 | +611,224 | $0 | $7.24M | 4.53% | +$7.24M |
| Copa Holdings, S.A.CL A(CPA) | 0 | 53,854 | +53,854 | $0 | $6.50M | 4.06% | +$6.50M |
| Gerdau S.A.ADR(GGB) | 1,567,825 | 1,567,825 | 0 | $4.86M | $5.79M | 3.62% | +$925.0K |
| Ishares TrIBOXX INV CP ETF | 36,200 | 36,200 | 0 | $4.04M | $3.99M | 2.49% | -$46.3K |
| Endeavour Silver Corp.(EXK) | 0 | 390,000 | +390,000 | $0 | $3.67M | 2.29% | +$3.67M |
| Cementos Pacasmayo S.A.A.ADR(CPAC) | 209,734 | 209,734 | 0 | $1.46M | $2.19M | 1.37% | +$725.5K |
| Zim Integrated Shipping ServSHS SHS | 0 | 70,000 | +70,000 | $0 | $1.49M | 0.93% | +$1.49M |
| Grupo Aeromexico, S.A.B. de C.VADS(AERO) | 0 | 35,689 | +35,689 | $0 | $783.7K | 0.49% | +$783.7K |
| iShares Silver TrustISHARES(SLV) | 400,000 | 0 | -400,000 | $16.95M | $0 | — | -$16.95M |
| The Mosaic Company(MOS) | 377,000 | 0 | -377,000 | $13.07M | $0 | — | -$13.07M |
| Brazil Potash Corp.(GRO) | 359,995 | 0 | -359,995 | $968.4K | $0 | — | -$968.4K |
| Tidewater Inc.(TDW) | 201,763 | 0 | -201,763 | $10.76M | $0 | — | -$10.76M |
| Solaris Resources Inc.(SLSR) | 623,100 | 0 | -623,100 | $3.97M | $0 | — | -$3.97M |
| Compañía de Minas Buenaventura S.A.A.ADR(BVN) | 447,516 | 0 | -447,516 | $10.89M | $0 | — | -$10.89M |