Emerging Variant Capital Management LP
- SEC CIK
- 0001754001
- Latest filing
- Feb 13, 2023
Holdings in Q1 2022
Holdings as of Mar 31, 2022, filed May 16, 2022. Long positions only; changes compare share counts with Q4 2021.
- Positions
- 13
- +6 vs. Q4 2021
- Portfolio value
- $145.3M
- +$85.7M (+143.7%) vs. Q4 2021
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| VALEVale S.A. | SPONSORED ADS | 1,270,000 | $20.0M | 13.8% | +1,270,000 | New | History |
| Vale S A91912E955 | PUT | 698,000 | $20.0M | 13.8% | +698,000 | New | – |
| VLRSControladora Vuela Compania de Aviacion, S.A.B. de C.V. | SPON ADR RP 10 | 725,948 | $18.2M | 12.5% | −97,465−11.8% | Reduced | History |
| PBRPetrobras - Petroleo Brasileiro SA | SPONSORED ADR | 1,404,900 | $14.8M | 10.2% | +1,404,900 | New | History |
| Petroleo Brasileiro SA Petro71654V958 | PUT | 556,000 | $14.8M | 10.2% | +556,000 | New | – |
| Despegar Com CorpG27358103 | ORD SHS | 2,954,060 | $12.2M | 8.4% | −38,828−1.3% | Reduced | – |
| AGROAdecoagro S.A. | COM | 967,000 | $12.1M | 8.3% | +967,000 | New | History |
| TVGrupo Televisa, S.A.B. | SPON ADR REP ORD | 1,407,233 | $11.7M | 8.1% | −107,014−7.1% | Reduced | History |
| ARCOArcos Dorados Holdings Inc. | SHS CLASS -A - | 851,412 | $8.13M | 5.6% | +851,412 | New | History |
| NUNu Holdings Ltd. | ORD SHS CL A | 640,000 | $7.72M | 5.3% | +640,000 | New | History |
| ITUBItau Unibanco Holding S.A. | SPON ADR REP PFD | 3,768,000 | $5.71M | 3.9% | +3,768,000 | New | History |
| SQMChemical & Mining Co of Chile Inc | SPON ADR SER B | 80,500 | – | – | +80,500 | New | History |
| BSACBanco Santander Chile | SP ADR REP COM | 252,000 | – | – | +252,000 | New | History |
Sold out since Q4 2021 (4)
Positions held at the end of Q4 2021 that are gone from this filing.
| Security | Class | Shares in Q4 2021 | Value in Q4 2021 | % of portfolio in Q4 2021 | History |
|---|---|---|---|---|---|
| AFYAAfya Ltd | CL A COM | 602,725 | $15.7M | 26.4% | History |
| CXCemex SAB de CV | SPON ADR NEW | 1,552,865 | $6.78M | 11.4% | History |
| EMBJEmbraer S.A. | ADR | 173,765 | – | – | History |
| TXTernium S.A. | SPONSORED ADS | 262,048 | – | – | History |