VICTORIA 1522 INVESTMENTS, LP Information

244 CALIFORNIA, SUITE 610, SAN FRANCISCO, California, 94111, (415) 228-3233

Report Date: 09/30/2014

Position Statistics

Total Positions 11
New Positions 1
Increased Positions 2
Decreased Positions 9
Positions with Activity 11
Sold Out Positions 3
Total Mkt Value (in $ millions) 10

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

Sector Weighting

Basic Materials 8.08%
Capital Goods
Conglomerates
Consumer Cyclical 16.91%
Consumer/Non-Cyclical 13.47%
Energy
Financial
Healthcare
Services 40.17%
Technology 21.37%
Transportation
Utilities

11 Activity Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VIPSHOP HLDGS LTD SPONSORED ADR 3,537 -17,386 (83.09) 139,100
TATA MTRS LTD SPONSORED ADR 1,644 -5,756 (77.79) 39,920
BAIDU INC SPON ADR REP A 1,441 208 16.86 7,070
FOMENTO ECONOMICO MEXICANO SAB SPON ADR UNITS 1,309 -6,230 (82.63) 13,975
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 635 -6,262 (90.79) 26,260
GERDAU S A SPON ADR REP PFD 514 -1,948 (79.12) 171,900
COMPANHIA BRASILEIRA DE DISTRB SPN ADR PFD CL A 366 -2,387 (86.7) 12,780
POSCO SPONSORED ADR 271 271 New 4,800
AMBEV SA SPONSORED ADR -2,853 Sold Out 0
FIBRIA CELULOSE S A SP ADR REP COM -1,345 Sold Out 0
VALE S A ADR -3,441 Sold Out 0