GFS ADVISORS, LLC Information

1330 POST OAK BLVD, SUITE 2100, HOUSTON, Texas, 77056, (713) 968-0400

Report Date: 03/31/2015

Position Statistics

Total Positions 125
New Positions 15
Increased Positions 63
Decreased Positions 37
Positions with Activity 100
Sold Out Positions 2
Total Mkt Value (in $ millions) 289

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.1%
Capital Goods 7.63%
Conglomerates
Consumer Cyclical 2.18%
Consumer/Non-Cyclical 4.57%
Energy 5.65%
Financial 62.2%
Healthcare 4.14%
Services 5.37%
Technology 6.8%
Transportation
Utilities

125 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BANK AMER CORP COM 16,517 963 6.19 909,532
SPDR S&P 500 ETF TR TR UNIT 15,953 4,113 34.73 75,688
CEMEX SAB DE CV SPON ADR NEW 15,221 3,047 25.02 1,788,659
GENERAL ELECTRIC CO COM 11,206 574 5.40 426,724
SPDR DOW JONES INDL AVRG ETF UT SER 1 11,190 810 7.81 63,125
SPDR INDEX SHS FDS EURO STOXX 50 7,996 5,220 188.03 207,900
APPLE INC COM 6,760 77 1.15 54,965
ISHARES MSCI GERMANY ETF 6,099 3,719 156.30 216,124
TELEFONICA S A SPONSORED ADR 6,014 162 2.76 396,684
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF 5,954 1,844 44.86 155,706
WISDOMTREE TR EUROPE HEDGED EQ 5,898 New 92,300
AMERICAN EXPRESS CO COM 5,002 3,293 192.69 66,075
VANGUARD INDEX FDS TOTAL STK MKT 4,871 -1,025 (17.38) 44,743
PROSHARES TR ULTRAPRO QQQ 4,723 New 39,600
POWERSHARES QQQ TRUST UNIT SER 1 4,433 2,372 115.11 39,738
SPDR GOLD TRUST GOLD SHS 4,431 -90 (1.99) 42,133
HALLIBURTON CO COM 4,341 -25 (0.57) 100,268
JOHNSON & JOHNSON COM 4,263 290 7.30 42,750
BANCO BILBAO VIZCAYA ARGENTARI SPONSORED ADR 4,062 752 22.72 397,496
CATERPILLAR INC DEL COM 3,977 2,861 256.41 51,430