Emerging Variant Capital Management LP
- SEC CIK
- 0001754001
- Latest filing
- Feb 13, 2023
Holdings in Q2 2022
Holdings as of Jun 30, 2022, filed Aug 15, 2022. Long positions only; changes compare share counts with Q1 2022.
- Positions
- 4
- −9 vs. Q1 2022
- Portfolio value
- $29.1M
- −$116.3M (−80.0%) vs. Q1 2022
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| VLRSControladora Vuela Compania de Aviacion, S.A.B. de C.V. | SPON ADR RP 10 | 1,066,329 | $10.3M | 35.3% | +340,381+46.9% | Added | History |
| TVGrupo Televisa, S.A.B. | SPON ADR REP ORD | 591,915 | $8.18M | 28.1% | −815,318−57.9% | Reduced | History |
| Despegar Com CorpG27358103 | ORD SHS | 3,113,653 | $8.10M | 27.9% | +159,593+5.4% | Added | – |
| AGROAdecoagro S.A. | COM | 941,076 | $2.51M | 8.6% | −25,924−2.7% | Reduced | History |
Options (1)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| Petroleo Brasileiro SA Petro71654V908 | CALL | – | $11.7M |
Sold out since Q1 2022 (9)
Positions held at the end of Q1 2022 that are gone from this filing.
| Security | Class | Shares in Q1 2022 | Value in Q1 2022 | % of portfolio in Q1 2022 | History |
|---|---|---|---|---|---|
| VALEVale S.A. | SPONSORED ADS | 1,270,000 | $20.0M | 13.8% | History |
| Vale S A91912E955 | PUT | 698,000 | $20.0M | 13.8% | – |
| PBRPetrobras - Petroleo Brasileiro SA | SPONSORED ADR | 1,404,900 | $14.8M | 10.2% | History |
| Petroleo Brasileiro SA Petro71654V958 | PUT | 556,000 | $14.8M | 10.2% | – |
| ARCOArcos Dorados Holdings Inc. | SHS CLASS -A - | 851,412 | $8.13M | 5.6% | History |
| NUNu Holdings Ltd. | ORD SHS CL A | 640,000 | $7.72M | 5.3% | History |
| ITUBItau Unibanco Holding S.A. | SPON ADR REP PFD | 3,768,000 | $5.71M | 3.9% | History |
| SQMChemical & Mining Co of Chile Inc | SPON ADR SER B | 80,500 | – | – | History |
| BSACBanco Santander Chile | SP ADR REP COM | 252,000 | – | – | History |