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 7.74%
Capital Goods
Conglomerates
Consumer Cyclical 16.7%
Consumer/Non-Cyclical 12.66%
Energy
Financial
Healthcare
Services 42.81%
Technology 20.09%
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 -3,075 Sold Out 0
FIBRIA CELULOSE S A SP ADR REP COM -1,440 Sold Out 0
COMPANHIA BRASILEIRA DE DISTRB SPN ADR PFD CL A 412 -2,684 (86.7) 12,780
BAIDU INC SPON ADR REP A 1,470 212 16.86 7,070
GERDAU S A SPON ADR REP PFD 524 -1,987 (79.12) 171,900
FOMENTO ECONOMICO MEXICANO SAB SPON ADR UNITS 1,310 -6,234 (82.63) 13,975
AMBEV SA SPONSORED ADR -2,942 Sold Out 0
POSCO SPONSORED ADR 277 277 New 4,800
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 610 -6,008 (90.79) 26,260
TATA MTRS LTD SPONSORED ADR 1,729 -6,055 (77.79) 39,920
VIPSHOP HLDGS LTD SPONSORED ADR 4,020 -19,759 (83.09) 139,100