#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR S&P 500 ETF TR	SPY	455,244	$310.5M	8.67%
2	VANGUARD INDEX FDS	922908363	408,240	$256.0M	7.15%
3	NU HLDGS LTD	NU	11,668,617	$195.3M	5.46%
4	PETROLEO BRASILEIRO SA PETRO	71654V408	14,306,136	$169.0M	4.72%
5	ITAU UNIBANCO HLDG S A	465562106	21,106,153	$151.3M	4.23%
6	BANCO BRADESCO S A	059460303	38,432,879	$127.2M	3.55%
7	CEMEX SAB DE CV	CXMSF	10,857,832	$125.4M	3.50%
8	SPDR GOLD TR	GLD	283,174	$112.2M	3.13%
9	SPDR GOLD TRUST	GLD	3,750	$92.6M	2.59%
10	NVIDIA CORP	NVDA	488,672	$91.1M	2.55%
11	VALE S A	VALE	6,945,753	$91.1M	2.54%
12	AMAZON COM INC	AMZN	367,334	$84.8M	2.37%
13	LATAM AIRLINES GROUP SA	LTM	1,545,674	$83.3M	2.33%
14	VANGUARD INTL EQUITY INDEX F	922042874	956,736	$80.0M	2.23%
15	INVESCO EXCHNG TRADED FD TR	IVZ	3,051,133	$78.7M	2.20%
16	CREDICORP LTD	BAP	257,014	$74.5M	2.08%
17	ISHARES TR	46429B267	3,058,691	$70.4M	1.97%
18	EMBRAER S A	EMBJ	1,064,049	$68.5M	1.91%
19	PETROLEO BRASILEIRO SA PETRO	71654V408	5,522,023	$65.2M	1.82%
20	COCA COLA FEMSA S A B DE C V	COCSF	672,833	$64.0M	1.79%