ITAU USA ASSET MANAGEMENT INC. Information

767 FIFTH AVENUE, 50TH FLOOR, NEW YORK, New York, 10153, (212) 710-6714

Report Date: 12/31/2014

Position Statistics

Total Positions 129
New Positions 11
Increased Positions 25
Decreased Positions 104
Positions with Activity 129
Sold Out Positions 63
Total Mkt Value (in $ millions) 392

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

Sector Weighting

Basic Materials 3.25%
Capital Goods 4.17%
Conglomerates 0.49%
Consumer Cyclical 0.02%
Consumer/Non-Cyclical 9.63%
Energy 8.5%
Financial 50.21%
Healthcare 0.07%
Services 15.2%
Technology 0.11%
Transportation 1.64%
Utilities 2.03%

104 DECREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 48,590 -789 (1.6) 3,658,851
BANCO BRADESCO S A SP ADR PFD NEW 35,271 -5,054 (12.53) 3,203,507
AMERICA MOVIL SAB DE CV SPON ADR L SHS 23,288 -2,096 (8.26) 1,058,061
CEMEX SAB DE CV SPON ADR NEW 14,110 -6,304 (30.88) 1,359,350
BRF SA SPONSORED ADR 12,564 -3,589 (22.22) 607,523
AMBEV SA SPONSORED ADR 9,922 -1,576 (13.71) 1,550,303
COMPANHIA BRASILEIRA DE DISTRB SPN ADR PFD CL A 8,676 -233 (2.62) 260,152
LATAM AIRLS GROUP S A SPONSORED ADR 6,238 -1,846 (22.83) 640,420
TIM PARTICIPACOES S A SPONSORED ADR 2,682 -178 (6.22) 156,842
VALE S A ADR 2,393 -2,535 (51.44) 302,140
BANCO DE CHILE SPONSORED ADR 981 -5,761 (85.45) 14,027
BANCOLOMBIA S A SPON ADR PREF 645 -4,903 (88.37) 14,426
BROADRIDGE FINL SOLUTIONS INC COM 333 -453 (57.64) 6,100
SPDR SERIES TRUST S&P REGL BKG 292 -72 (19.77) 7,100
DAVITA HEALTHCARE PARTNERS INC COM 239 -378 (61.22) 2,850
TOTAL SYS SVCS INC COM 214 -19 (8.23) 5,575
AMERCO COM 180 -16 (8.33) 550
FIRST REP BK SAN FRANCISCO CAL COM 153 -18 (10.35) 2,600
STIFEL FINL CORP COM 149 -16 (9.84) 2,750
DICKS SPORTING GOODS INC COM 147 -124 (45.83) 2,600