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) 9

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

Sector Weighting

Basic Materials 9.72%
Capital Goods
Conglomerates
Consumer Cyclical 17.99%
Consumer/Non-Cyclical 13.24%
Energy
Financial
Healthcare
Services 35.31%
Technology 23.73%
Transportation
Utilities

11 Positions as of 09/30/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
VALE S A ADR -3,986 Sold Out 0
FIBRIA CELULOSE S A SP ADR REP COM -1,171 Sold Out 0
COMPANHIA BRASILEIRA DE DISTRB SPN ADR PFD CL A 463 -3,018 (86.7) 12,780
BAIDU INC SPON ADR REP A 1,639 237 16.86 7,070
GERDAU S A SPON ADR REP PFD 591 -2,241 (79.12) 171,900
FOMENTO ECONOMICO MEXICANO SAB SPON ADR UNITS 1,234 -5,873 (82.63) 13,975
AMBEV SA SPONSORED ADR -2,824 Sold Out 0
POSCO SPONSORED ADR 315 315 New 4,800
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 572 -5,638 (90.79) 26,260
TATA MTRS LTD SPONSORED ADR 1,677 -5,872 (77.79) 39,920
VIPSHOP HLDGS LTD SPONSORED ADR 2,828 -13,900 (83.09) 139,100