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 8.61%
Capital Goods
Conglomerates
Consumer Cyclical 19.22%
Consumer/Non-Cyclical 13.17%
Energy
Financial
Healthcare
Services 38.36%
Technology 20.64%
Transportation
Utilities

11 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 3,471 -17,058 (83.09) 139,100
TATA MTRS LTD SPONSORED ADR 1,952 -6,838 (77.79) 39,920
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 647 -6,373 (90.79) 26,260
FOMENTO ECONOMICO MEXICANO SAB SPON ADR UNITS 1,338 -6,367 (82.63) 13,975
VALE S A ADR -3,777 Sold Out 0
AMBEV SA SPONSORED ADR -2,966 Sold Out 0
COMPANHIA BRASILEIRA DE DISTRB SPN ADR PFD CL A 427 -2,781 (86.7) 12,780
GERDAU S A SPON ADR REP PFD 583 -2,208 (79.12) 171,900
FIBRIA CELULOSE S A SP ADR REP COM -1,261 Sold Out 0
BAIDU INC SPON ADR REP A 1,450 209 16.86 7,070
POSCO SPONSORED ADR 292 292 New 4,800