Kapitalo Investimentos Ltda 13FHR Quarterly holdings report by institutional manager | SEC 29 Mar 24

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AGILENT TECHNOLOGIES INC	COM	00846U101	138,340	1,000	SH		SOLE		0	0	1,000
ALCOA CORP	COM	013872106	233,186	5,479	SH		SOLE		0	0	5,479
AMERICAN AIRLS GROUP INC	COM	02376R102	209,140	14,179	SH		SOLE		0	0	14,179
ADVANCE AUTO PARTS INC	COM	00751Y106	145,810	1,199	SH		SOLE		0	0	1,199
ABCELLERA BIOLOGICS INC	COM	00288U106	131,656	17,461	SH		SOLE		0	0	17,461
ASBURY AUTOMOTIVE GROUP INC	COM	043436104	141,120	672	SH		SOLE		0	0	672
ARCH CAP GROUP LTD	ORD	G0450A105	135,944	2,003	SH		SOLE		0	0	2,003
ALBERTSONS COS INC	COMMON STOCK	013091103	4,363,530	209,987	SH		SOLE		0	0	209,987
ADOBE SYSTEMS INCORPORATED	COM	00724F101	231,222	600	SH		SOLE		0	0	600
ARCHER DANIELS MIDLAND CO	COM	039483102	266,064	3,340	SH		SOLE		0	0	3,340
ADT INC DEL	COM	00090Q103	124,971	17,285	SH		SOLE		0	0	17,285
AEGON N V	NY REGISTRY SHS	007924103	169,102	39,326	SH		SOLE		0	0	39,326
AERCAP HOLDINGS NV	SHS	N00985106	160,143	2,848	SH		SOLE		0	0	2,848
AFLAC INC	COM	001055102	46,067	714	SH		SOLE		0	0	714
AGCO CORP	COM	001084102	93,288	690	SH		SOLE		0	0	690
ASSURED GUARANTY LTD	COM	G0585R106	133,618	2,658	SH		SOLE		0	0	2,658
AMERICAN INTL GROUP INC	COM NEW	026874784	98,555	1,957	SH		SOLE		0	0	1,957
AEROJET ROCKETDYNE HLDGS INC	COM	007800105	13,079,409	232,854	SH		SOLE		0	0	232,854
AIR LEASE CORP	CL A	00912X302	85,590	2,174	SH		SOLE		0	0	2,174
ALBEMARLE CORP	COM	012653101	240,934	1,090	SH		SOLE		0	0	1,090
ALASKA AIR GROUP INC	COM	011659109	265,019	6,316	SH		SOLE		0	0	6,316
ALLSTATE CORP	COM	020002101	118,345	1,068	SH		SOLE		0	0	1,068
ALLEGION PLC	ORD SHS	G0176J109	142,911	1,339	SH		SOLE		0	0	1,339
ALLY FINL INC	COM	02005N100	220,412	8,647	SH		SOLE		0	0	8,647
ANTERO MIDSTREAM CORP	COM	03676B102	258,778	24,669	SH		SOLE		0	0	24,669
AMETEK INC	COM	031100100	88,070	606	SH		SOLE		0	0	606
AFFILIATED MANAGERS GROUP IN	COM	008252108	117,069	822	SH		SOLE		0	0	822
AMKOR TECHNOLOGY INC	COM	031652100	79,595	3,059	SH		SOLE		0	0	3,059
AMERIPRISE FINL INC	COM	03076C106	277,689	906	SH		SOLE		0	0	906
AMARIN CORP PLC	SPONS ADR NEW	023111206	148,404	98,936	SH		SOLE		0	0	98,936
AMAZON COM INC	COM	023135106	1,052,422	10,189	SH		SOLE		0	0	10,189
AON PLC	SHS CL A	G0403H108	161,428	512	SH		SOLE		0	0	512
APOLLO GLOBAL MGMT INC	COM	03769M106	239,124	3,786	SH		SOLE		0	0	3,786
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	215,261	1,714	SH		SOLE		0	0	1,714
ARAMARK	COM	03852U106	74,910	2,899	SH		SOLE		0	0	2,899
ARROW ELECTRS INC	COM	042735100	88,158	706	SH		SOLE		0	0	706
ARDMORE SHIPPING CORP	COM	Y0207T100	178,767	12,022	SH		SOLE		0	0	12,022
ASGN INC	COM	00191U102	91,020	1,101	SH		SOLE		0	0	1,101
ATI INC	COM	01741R102	124,615	3,158	SH		SOLE		0	0	3,158
ATKORE INC	COM	047649108	139,918	996	SH		SOLE		0	0	996
ATMOS ENERGY CORP	COM	049560105	270,451	2,407	SH		SOLE		0	0	2,407
ACTIVISION BLIZZARD INC	COM	00507V109	3,187,628	37,243	SH		SOLE		0	0	37,243
ATEA PHARMACEUTICALS INC	COM	04683R106	41,875	12,500	SH		SOLE		0	0	12,500
AVNET INC	COM	053807103	75,710	1,675	SH		SOLE		0	0	1,675
AXIS CAP HLDGS LTD	SHS	G0692U109	163,615	3,001	SH		SOLE		0	0	3,001
ALTERYX INC	COM CL A	02156B103	260,720	4,431	SH		SOLE		0	0	4,431
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	100,661	1,086	SH		SOLE		0	0	1,086
BANCO BILBAO VIZCAYA ARGENTA	SPONSORED ADR	05946K101	186,409	26,441	SH		SOLE		0	0	26,441
BATH & BODY WORKS INC	COM	070830104	159,708	4,366	SH		SOLE		0	0	4,366
BEST BUY INC	COM	086516101	113,100	1,445	SH		SOLE		0	0	1,445
BLOOM ENERGY CORP	COM CL A	093712107	91,000	4,566	SH		SOLE		0	0	4,566
FRANKLIN RESOURCES INC	COM	354613101	117,512	4,362	SH		SOLE		0	0	4,362
BERRY GLOBAL GROUP INC	COM	08579W103	238,663	4,052	SH		SOLE		0	0	4,052
BIOGEN INC	COM	09062X103	132,064	475	SH		SOLE		0	0	475
BROOKFIELD INFRASTRUCTURE CO	COM SB VTG SHS A	11275Q107	290,731	6,312	SH		SOLE		0	0	6,312
BAKER HUGHES COMPANY	CL A	05722G100	107,186	3,714	SH		SOLE		0	0	3,714
BANCO MACRO SA	SPON ADR B	05961W105	180,950	10,160	SH		SOLE		0	0	10,160
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	322,059	3,312	SH		SOLE		0	0	3,312
BRISTOL-MYERS SQUIBB CO	COM	110122108	108,817	1,570	SH		SOLE		0	0	1,570
BORR DRILLING LTD	SHS	G1466R173	159,051	20,983	SH		SOLE		0	0	20,983
BOX INC	CL A	10316T104	199,666	7,453	SH		SOLE		0	0	7,453
BP PLC	SPONSORED ADR	055622104	177,711	4,684	SH		SOLE		0	0	4,684
BRIGHTSPHERE INVT GROUP INC	COM	10948W103	72,013	3,054	SH		SOLE		0	0	3,054
BORGWARNER INC	COM	099724106	116,181	2,690	SH		SOLE		0	0	2,690
CREDIT ACCEP CORP MICH	COM	225310101	95,057	218	SH		SOLE		0	0	218
CARDINAL HEALTH INC	COM	14149Y108	375,160	4,969	SH		SOLE		0	0	4,969
CASEYS GEN STORES INC	COM	147528103	243,518	1,125	SH		SOLE		0	0	1,125
CATERPILLAR INC	COM	149123101	83,298	364	SH		SOLE		0	0	364
CHUBB LIMITED	COM	H1467J104	48,739	251	SH		SOLE		0	0	251
CBRE GROUP INC	CL A	12504L109	495,763	6,809	SH		SOLE		0	0	6,809
CHEMOURS CO	COM	163851108	274,280	9,161	SH		SOLE		0	0	9,161
CARNIVAL CORP	COMMON STOCK	143658300	308,113	30,356	SH		SOLE		0	0	30,356
CERIDIAN HCM HLDG INC	COM	15677J108	88,596	1,210	SH		SOLE		0	0	1,210
CDW CORP	COM	12514G108	216,718	1,112	SH		SOLE		0	0	1,112
CELSIUS HLDNGS INC	COM NEW	15118V207	79,619	2,570	SH		SOLE		0	0	2,570
CENTRAL PUERTO S A	SPONSORED ADR	155038201	212,018	39,190	SH		SOLE		0	0	39,190
CF INDS HLDGS INC	COM	125269100	294,527	4,063	SH		SOLE		0	0	4,063
CITIZENS FINL GROUP INC	COM	174610105	111,002	3,655	SH		SOLE		0	0	3,655
CHORD ENERGY CORPORATION	COM NEW	674215207	282,660	2,100	SH		SOLE		0	0	2,100
CHEWY INC	CL A	16679L109	172,696	4,620	SH		SOLE		0	0	4,620
CHAMPIONX CORPORATION	COM	15872M104	375,913	13,856	SH		SOLE		0	0	13,856
THE CIGNA GROUP	COM	125523100	110,133	431	SH		SOLE		0	0	431
CIA ENERGETICA DE MINAS GERA	SP ADR N-V PFD	204409601	490,264	218,868	SH		SOLE		0	0	218,868
CINCINNATI FINL CORP	COM	172062101	126,202	1,126	SH		SOLE		0	0	1,126
CIVITAS RESOURCES INC	COM NEW	17888H103	453,163	6,631	SH		SOLE		0	0	6,631
CORE LABORATORIES INC	COM	N22717107	125,575	5,695	SH		SOLE		0	0	5,695
CELESTICA INC	SUB VTG SHS	15101Q108	173,815	13,474	SH		SOLE		0	0	13,474
COMMERCIAL METALS CO	COM	201723103	571,299	11,683	SH		SOLE		0	0	11,683
CENTENE CORP DEL	COM	15135B101	127,747	2,021	SH		SOLE		0	0	2,021
CONCENTRIX CORP	COM	20602D101	97,969	806	SH		SOLE		0	0	806
CAPITAL ONE FINL CORP	COM	14040H105	92,121	958	SH		SOLE		0	0	958
COHERENT CORP	COM	19247G107	72,047	1,892	SH		SOLE		0	0	1,892
CRESCENT PT ENERGY CORP	COM	22576C101	146,304	20,723	SH		SOLE		0	0	20,723
CAPRI HOLDINGS LIMITED	SHS	G1890L107	108,664	2,312	SH		SOLE		0	0	2,312
COREBRIDGE FINL INC	COM	21871X109	115,280	7,196	SH		SOLE		0	0	7,196
CREDO TECHNOLOGY GROUP HOLDI	ORDINARY SHARES	G25457105	153,584	16,304	SH		SOLE		0	0	16,304
CHARLES RIV LABS INTL INC	COM	159864107	121,092	600	SH		SOLE		0	0	600
CRITEO S A	SPONS ADS	226718104	171,644	5,449	SH		SOLE		0	0	5,449
CIRRUS LOGIC INC	COM	172755100	187,259	1,712	SH		SOLE		0	0	1,712
COSTAR GROUP INC	COM	22160N109	139,766	2,030	SH		SOLE		0	0	2,030
CARLISLE COS INC	COM	142339100	97,888	433	SH		SOLE		0	0	433
CSX CORP	COM	126408103	81,167	2,711	SH		SOLE		0	0	2,711
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	86,521	1,420	SH		SOLE		0	0	1,420
CARNIVAL PLC	ADR	14365C103	161,443	17,644	SH		SOLE		0	0	17,644
CENOVUS ENERGY INC	COM	15135U109	147,607	8,454	SH		SOLE		0	0	8,454
CVS HEALTH CORP	COM	126650100	134,575	1,811	SH		SOLE		0	0	1,811
CRAWFORD & CO	CL B	224633107	70,487	9,190	SH		SOLE		0	0	9,190
CELYAD ONCOLOGY SA	ADR	151205200	29,760	31,326	SH		SOLE		0	0	31,326
DELTA AIR LINES INC DEL	COM NEW	247361702	207,180	5,933	SH		SOLE		0	0	5,933
DARLING INGREDIENTS INC	COM	237266101	378,899	6,488	SH		SOLE		0	0	6,488
DUPONT DE NEMOURS INC	COM	26614N102	134,210	1,870	SH		SOLE		0	0	1,870
DELL TECHNOLOGIES INC	CL C	24703L202	86,572	2,153	SH		SOLE		0	0	2,153
QUEST DIAGNOSTICS INC	COM	74834L100	131,435	929	SH		SOLE		0	0	929
DUN & BRADSTREET HLDGS INC	COM	26484T106	89,001	7,581	SH		SOLE		0	0	7,581
DOW INC	COM	260557103	489,817	8,935	SH		SOLE		0	0	8,935
AMDOCS LTD	SHS	G02602103	158,546	1,651	SH		SOLE		0	0	1,651
DYNATRACE INC	COM NEW	268150109	83,373	1,971	SH		SOLE		0	0	1,971
DXC TECHNOLOGY CO	COM	23355L106	100,144	3,918	SH		SOLE		0	0	3,918
ENI S P A	SPONSORED ADR	26874R108	178,164	6,363	SH		SOLE		0	0	6,363
EBAY INC.	COM	278642103	139,721	3,149	SH		SOLE		0	0	3,149
CONSOLIDATED EDISON INC	COM	209115104	188,183	1,967	SH		SOLE		0	0	1,967
ENCOMPASS HEALTH CORP	COM	29261A100	152,833	2,825	SH		SOLE		0	0	2,825
EDISON INTL	COM	281020107	318,220	4,508	SH		SOLE		0	0	4,508
LAUDER ESTEE COS INC	CL A	518439104	242,270	983	SH		SOLE		0	0	983
ELANCO ANIMAL HEALTH INC	COM	28414H103	106,399	11,319	SH		SOLE		0	0	11,319
ISHARES TR	JPMORGAN USD EMG	464288281	7,425,774	86,066	SH		SOLE		0	0	86,066
EMERSON ELEC CO	COM	291011104	85,136	977	SH		SOLE		0	0	977
EPAM SYS INC	COM	29414B104	203,320	680	SH		SOLE		0	0	680
ISHARES TR	MSCI PERU ETF	464289842	1,599,255	52,469	SH		SOLE		0	0	52,469
EQUITABLE HLDGS INC	COM	29452E101	261,872	10,314	SH		SOLE		0	0	10,314
ENERPLUS CORP	COM	292766102	171,724	11,917	SH		SOLE		0	0	11,917
EMBRAER S.A.	SPONSORED ADS	29082A107	2,319,989	141,722	SH		SOLE		0	0	141,722
ETSY INC	COM	29786A106	208,410	1,872	SH		SOLE		0	0	1,872
EVE HLDG INC	COM	29970N104	3,620,000	500,000	SH		SOLE		0	0	500,000
EVERCORE INC	CLASS A	29977A105	201,915	1,750	SH		SOLE		0	0	1,750
EAST WEST BANCORP INC	COM	27579R104	133,256	2,401	SH		SOLE		0	0	2,401
EXELON CORP	COM	30161N101	250,795	5,987	SH		SOLE		0	0	5,987
EXLSERVICE HOLDINGS INC	COM	302081104	22,393	692	SH		SOLE		0	0	692
EXPEDIA GROUP INC	COM NEW	30212P303	105,860	1,091	SH		SOLE		0	0	1,091
FIRST BANCORP P R	COM NEW	318672706	120,287	10,533	SH		SOLE		0	0	10,533
FIRST CTZNS BANCSHARES INC N	CL A	31946M103	181,970	187	SH		SOLE		0	0	187
FREEPORT-MCMORAN INC	CL B	35671D857	374,163	9,146	SH		SOLE		0	0	9,146
FIRSTENERGY CORP	COM	337932107	276,294	6,897	SH		SOLE		0	0	6,897
FIRST HORIZON CORPORATION	COM	320517105	2,169,569	122,023	SH		SOLE		0	0	122,023
FIFTH THIRD BANCORP	COM	316773100	159,334	5,981	SH		SOLE		0	0	5,981
FIVE9 INC	COM	338307101	79,013	1,093	SH		SOLE		0	0	1,093
FLUOR CORP NEW	COM	343412102	216,525	7,005	SH		SOLE		0	0	7,005
F N B CORP	COM	302520101	133,423	11,502	SH		SOLE		0	0	11,502
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	151,037	4,324	SH		SOLE		0	0	4,324
FORGEROCK INC	CL A	34631B101	3,055,825	148,341	SH		SOLE		0	0	148,341
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	258,440	2,615	SH		SOLE		0	0	2,615
TECHNIPFMC PLC	COM	G87110105	188,561	13,814	SH		SOLE		0	0	13,814
ISHARES TR	CHINA LG-CAP ETF	464287184	33,961,360	1,150,063	SH		SOLE		0	0	1,150,063
GENERAL DYNAMICS CORP	COM	369550108	117,756	516	SH		SOLE		0	0	516
GODADDY INC	CL A	380237107	84,171	1,083	SH		SOLE		0	0	1,083
GERDAU S A	SPON ADR REP PFD	373737105	1,461,745	296,500	SH		SOLE		0	0	296,500
GILEAD SCIENCES INC	COM	375558103	286,329	3,451	SH		SOLE		0	0	3,451
GAMING & LEISURE PPTYS INC	COM	36467J108	229,324	4,405	SH		SOLE		0	0	4,405
GENERAL MTRS CO	COM	37045V100	113,745	3,101	SH		SOLE		0	0	3,101
GLOBUS MED INC	CL A	379577208	110,844	1,957	SH		SOLE		0	0	1,957
GITLAB INC	CLASS A COM	37637K108	1,320,165	38,500	SH		SOLE		0	0	38,500
HALLIBURTON CO	COM	406216101	100,489	3,176	SH		SOLE		0	0	3,176
HALOZYME THERAPEUTICS INC	COM	40637H109	136,529	3,575	SH		SOLE		0	0	3,575
HASBRO INC	COM	418056107	159,620	2,973	SH		SOLE		0	0	2,973
HUNTINGTON BANCSHARES INC	COM	446150104	154,235	13,771	SH		SOLE		0	0	13,771
HESS CORP	COM	42809H107	129,164	976	SH		SOLE		0	0	976
HOWARD HUGHES CORP	COM	44267D107	330,960	4,137	SH		SOLE		0	0	4,137
HARTFORD FINL SVCS GROUP INC	COM	416515104	145,513	2,088	SH		SOLE		0	0	2,088
HUNTINGTON INGALLS INDS INC	COM	446413106	95,850	463	SH		SOLE		0	0	463
HARLEY DAVIDSON INC	COM	412822108	233,478	6,149	SH		SOLE		0	0	6,149
HOLOGIC INC	COM	436440101	120,243	1,490	SH		SOLE		0	0	1,490
HONEYWELL INTL INC	COM	438516106	110,658	579	SH		SOLE		0	0	579
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	283,681	17,808	SH		SOLE		0	0	17,808
HORMEL FOODS CORP	COM	440452100	394,214	9,885	SH		SOLE		0	0	9,885
HENRY SCHEIN INC	COM	806407102	131,769	1,616	SH		SOLE		0	0	1,616
HOST HOTELS & RESORTS INC	COM	44107P104	210,495	12,765	SH		SOLE		0	0	12,765
ISHARES TR	IBOXX HI YD ETF	464288513	8,531,559	112,926	SH		SOLE		0	0	112,926
HORIZON THERAPEUTICS PUB L	SHS	G46188101	26,992,614	247,321	SH		SOLE		0	0	247,321
INTEGRA LIFESCIENCES HLDGS C	COM NEW	457985208	113,270	1,973	SH		SOLE		0	0	1,973
INTERACTIVE BROKERS GROUP IN	COM CL A	45841N107	224,563	2,720	SH		SOLE		0	0	2,720
INTERNATIONAL BUSINESS MACHS	COM	459200101	101,464	774	SH		SOLE		0	0	774
IDACORP INC	COM	451107106	191,202	1,765	SH		SOLE		0	0	1,765
IVANHOE ELECTRIC INC	COM	46578C108	139,907	11,515	SH		SOLE		0	0	11,515
INTERNATIONAL FLAVORS&FRAGRA	COM	459506101	254,269	2,765	SH		SOLE		0	0	2,765
INTERNATIONAL GAME TECHNOLOG	SHS USD	G4863A108	158,870	5,928	SH		SOLE		0	0	5,928
IMMUNOCORE HLDGS PLC	ADS	45258D105	159,889	3,234	SH		SOLE		0	0	3,234
INCYTE CORP	COM	45337C102	125,027	1,730	SH		SOLE		0	0	1,730
ING GROEP N.V.	SPONSORED ADR	456837103	168,981	14,236	SH		SOLE		0	0	14,236
INSPIRE MED SYS INC	COM	457730109	103,225	441	SH		SOLE		0	0	441
INTER & CO INC	CLASS A COM	G4R20B107	133,719	78,658	SH		SOLE		0	0	78,658
IONIS PHARMACEUTICALS INC	COM	462222100	120,837	3,381	SH		SOLE		0	0	3,381
INTERPUBLIC GROUP COS INC	COM	460690100	662,388	17,787	SH		SOLE		0	0	17,787
IQVIA HLDGS INC	COM	46266C105	143,400	721	SH		SOLE		0	0	721
IRIDIUM COMMUNICATIONS INC	COM	46269C102	416,727	6,729	SH		SOLE		0	0	6,729
GARTNER INC	COM	366651107	77,207	237	SH		SOLE		0	0	237
ITT INC	COM	45073V108	198,749	2,303	SH		SOLE		0	0	2,303
HUNT J B TRANS SVCS INC	COM	445658107	102,820	586	SH		SOLE		0	0	586
JABIL INC	COM	466313103	228,423	2,591	SH		SOLE		0	0	2,591
JEFFERIES FINL GROUP INC	COM	47233W109	94,903	2,990	SH		SOLE		0	0	2,990
JONES LANG LASALLE INC	COM	48020Q107	232,639	1,599	SH		SOLE		0	0	1,599
KRAFT HEINZ CO	COM	500754106	220,535	5,703	SH		SOLE		0	0	5,703
CARMAX INC	COM	143130102	118,725	1,847	SH		SOLE		0	0	1,847
KINIKSA PHARMACEUTICALS LTD	COM CL A	G5269C101	140,644	13,071	SH		SOLE		0	0	13,071
KNIGHT-SWIFT TRANSN HLDGS IN	CL A	499049104	82,098	1,451	SH		SOLE		0	0	1,451
KOSMOS ENERGY LTD	COM	500688106	166,217	22,341	SH		SOLE		0	0	22,341
ISHARES TR	MSCI SAUDI ARBIA	46434V423	5,278,318	136,285	SH		SOLE		0	0	136,285
LITHIA MTRS INC	COM	536797103	218,170	953	SH		SOLE		0	0	953
LAMAR ADVERTISING CO NEW	CL A	512816109	274,398	2,747	SH		SOLE		0	0	2,747
LEIDOS HOLDINGS INC	COM	525327102	90,219	980	SH		SOLE		0	0	980
LEVI STRAUSS & CO NEW	CL A COM STK	52736R102	110,510	6,062	SH		SOLE		0	0	6,062
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	90,263	458	SH		SOLE		0	0	458
LINCOLN NATL CORP IND	COM	534187109	164,368	7,315	SH		SOLE		0	0	7,315
CHENIERE ENERGY INC	COM NEW	16411R208	276,430	1,754	SH		SOLE		0	0	1,754
LINDSAY CORP	COM	535555106	10,579	70	SH		SOLE		0	0	70
LIGHT & WONDER INC	COM	80874P109	110,732	1,844	SH		SOLE		0	0	1,844
LPL FINL HLDGS INC	COM	50212V100	135,810	671	SH		SOLE		0	0	671
LATAM AIRLS GROUP S A	SPONSORED ADR	051817R10	548,593	1,406,649	SH		SOLE		0	0	1,406,649
SOUTHWEST AIRLS CO	COM	844741108	139,499	4,287	SH		SOLE		0	0	4,287
LAS VEGAS SANDS CORP	COM	517834107	121,564	2,116	SH		SOLE		0	0	2,116
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	469,074	4,996	SH		SOLE		0	0	4,996
MANPOWERGROUP INC WIS	COM	56418H100	116,615	1,413	SH		SOLE		0	0	1,413
MANCHESTER UTD PLC NEW	ORD CL A	G5784H106	116,155	5,244	SH		SOLE		0	0	5,244
MAXAR TECHNOLOGIES INC	COM	57778K105	3,540,194	69,334	SH		SOLE		0	0	69,334
ISHARES TR	MBS ETF	464288588	4,262,850	45,000	SH		SOLE		0	0	45,000
MCKESSON CORP	COM	58155Q103	133,519	375	SH		SOLE		0	0	375
MEDPACE HLDGS INC	COM	58506Q109	169,433	901	SH		SOLE		0	0	901
METHANEX CORP	COM	59151K108	141,125	3,033	SH		SOLE		0	0	3,033
METLIFE INC	COM	59156R108	95,833	1,654	SH		SOLE		0	0	1,654
META PLATFORMS INC	CL A	30303M102	333,806	1,575	SH		SOLE		0	0	1,575
MONEYGRAM INTL INC	COM NEW	60935Y208	1,737,420	166,739	SH		SOLE		0	0	166,739
MOHAWK INDS INC	COM	608190104	146,923	1,466	SH		SOLE		0	0	1,466
3M CO	COM	88579Y101	114,465	1,089	SH		SOLE		0	0	1,089
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	411,671	7,587	SH		SOLE		0	0	7,587
MAXIMUS INC	COM	577933104	286,704	3,643	SH		SOLE		0	0	3,643
MORPHOSYS AG	SPONSORED ADS	617760202	136,450	34,457	SH		SOLE		0	0	34,457
MARATHON PETE CORP	COM	56585A102	461,793	3,425	SH		SOLE		0	0	3,425
MORGAN STANLEY	COM NEW	617446448	110,979	1,264	SH		SOLE		0	0	1,264
MADISON SQUARE GRDN SPRT COR	CL A	55825T103	431,398	2,214	SH		SOLE		0	0	2,214
MSC INDL DIRECT INC	CL A	553530106	80,304	956	SH		SOLE		0	0	956
VAIL RESORTS INC	COM	91879Q109	161,707	692	SH		SOLE		0	0	692
MICRON TECHNOLOGY INC	COM	595112103	2,679,096	44,400	SH		SOLE		0	0	44,400
ISHARES TR	NATIONAL MUN ETF	464288414	20,371,587	189,081	SH		SOLE		0	0	189,081
MURPHY USA INC	COM	626755102	102,962	399	SH		SOLE		0	0	399
MYT NETHERLANDS PARENT B V	ADS	55406W103	164,502	23,400	SH		SOLE		0	0	23,400
NATIONAL INSTRS CORP	COM	636518102	3,640,137	69,455	SH		SOLE		0	0	69,455
NEUROCRINE BIOSCIENCES INC	COM	64125C109	119,541	1,181	SH		SOLE		0	0	1,181
NABORS INDUSTRIES LTD	SHS	G6359F137	202,980	1,665	SH		SOLE		0	0	1,665
NORWEGIAN CRUISE LINE HLDG L	SHS	G66721104	218,805	16,268	SH		SOLE		0	0	16,268
NORDSON CORP	COM	655663102	82,903	373	SH		SOLE		0	0	373
NEONODE INC	COM PAR	64051M709	130,291	17,121	SH		SOLE		0	0	17,121
NEW RELIC INC	COM	64829B100	79,582	1,057	SH		SOLE		0	0	1,057
NETFLIX INC	COM	64110L106	730,345	2,114	SH		SOLE		0	0	2,114
NISOURCE INC	COM	65473P105	280,271	10,024	SH		SOLE		0	0	10,024
NEW JERSEY RES CORP	COM	646025106	265,894	4,998	SH		SOLE		0	0	4,998
NATIONAL RETAIL PROPERTIES I	COM	637417106	213,686	4,840	SH		SOLE		0	0	4,840
NORTHROP GRUMMAN CORP	COM	666807102	87,727	190	SH		SOLE		0	0	190
NOV INC	COM	62955J103	114,651	6,194	SH		SOLE		0	0	6,194
NORFOLK SOUTHERN CORP	COM	655844108	153,064	722	SH		SOLE		0	0	722
NUTANIX INC	CL A	67059N108	84,312	3,244	SH		SOLE		0	0	3,244
NUCOR CORP	COM	670346105	360,687	2,335	SH		SOLE		0	0	2,335
NOVOCURE LTD	ORD SHS	G6674U108	99,291	1,651	SH		SOLE		0	0	1,651
NOVO-NORDISK A S	ADR	670100205	76,467	961	SH		SOLE		0	0	961
NVENT ELECTRIC PLC	SHS	G6700G107	158,492	3,691	SH		SOLE		0	0	3,691
NATWEST GROUP PLC	SPONS ADR	639057207	153,212	23,214	SH		SOLE		0	0	23,214
NEXSTAR MEDIA GROUP INC	COMMON STOCK	65336K103	453,405	2,626	SH		SOLE		0	0	2,626
NEW YORK TIMES CO	CL A	650111107	413,450	10,634	SH		SOLE		0	0	10,634
OWENS CORNING NEW	COM	690742101	96,471	1,007	SH		SOLE		0	0	1,007
OLIN CORP	COM PAR $1	680665205	486,957	8,774	SH		SOLE		0	0	8,774
OMNICOM GROUP INC	COM	681919106	655,003	6,943	SH		SOLE		0	0	6,943
ONEMAIN HLDGS INC	COM	68268W103	290,967	7,847	SH		SOLE		0	0	7,847
OPERA LTD	SPONSORED ADS	68373M107	114,962	11,304	SH		SOLE		0	0	11,304
ORCHARD THERAPEUTICS PLC	SPON ADS NEW	68570P200	768,753	143,157	SH		SOLE		0	0	143,157
BANK OZK LITTLE ROCK ARK	COM	06417N103	186,595	5,456	SH		SOLE		0	0	5,456
GPO AEROPORTO DEL PACIFIC	SPON ADR B	400506101	164,868	845	SH		SOLE		0	0	845
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	113,164	798	SH		SOLE		0	0	798
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	203,586	6,173	SH		SOLE		0	0	6,173
PAYCOM SOFTWARE INC	COM	70432V102	73,266	241	SH		SOLE		0	0	241
PBF ENERGY INC	CL A	69318G106	419,118	9,666	SH		SOLE		0	0	9,666
PAYLOCITY HLDG CORP	COM	70438V106	112,311	565	SH		SOLE		0	0	565
PDC ENERGY INC	COM	69327R101	285,344	4,446	SH		SOLE		0	0	4,446
PRECISION DRILLING CORP	COM NEW	74022D407	153,129	2,978	SH		SOLE		0	0	2,978
PENN ENTERTAINMENT INC	COM	707569109	112,649	3,798	SH		SOLE		0	0	3,798
PRINCIPAL FINANCIAL GROUP INC	COM	74251V102	242,135	3,258	SH		SOLE		0	0	3,258
PERFORMANCE FOOD GROUP CO	COM	71377A103	375,194	6,218	SH		SOLE		0	0	6,218
PARKER-HANNIFIN CORP	COM	701094104	153,266	456	SH		SOLE		0	0	456
PLUG POWER INC	COM NEW	72919P202	81,431	6,948	SH		SOLE		0	0	6,948
PHILIP MORRIS INTL INC	COM	718172109	266,368	2,739	SH		SOLE		0	0	2,739
PINNACLE FINL PARTNERS INC	COM	72346Q104	183,131	3,320	SH		SOLE		0	0	3,320
PNM RES INC	COM	69349H107	10,299,568	211,577	SH		SOLE		0	0	211,577
PINNACLE WEST CAP CORP	COM	723484101	477,738	6,029	SH		SOLE		0	0	6,029
PORTLAND GEN ELEC CO	COM NEW	736508847	197,320	4,036	SH		SOLE		0	0	4,036
PERMIAN RESOURCES CORP	CLASS A COM	71424F105	461,822	43,983	SH		SOLE		0	0	43,983
PRIMERICA INC	COM	74164M108	239,241	1,389	SH		SOLE		0	0	1,389
PROQR THRAPEUTICS N V	SHS EURO	N71542109	116,747	54,811	SH		SOLE		0	0	54,811
PROTHENA CORP PLC	SHS	G72800108	127,137	2,623	SH		SOLE		0	0	2,623
PROVENTION BIO INC	COM	74374N102	2,117,932	87,881	SH		SOLE		0	0	87,881
PERFORMANCE SHIPPING INC	COMMON SHARES	Y67305154	110,085	142,968	SH		SOLE		0	0	142,968
PARSONS CORP DEL	COM	70202L102	110,374	2,467	SH		SOLE		0	0	2,467
PURE STORAGE INC	CL A	74624M102	70,892	2,779	SH		SOLE		0	0	2,779
PHILLIPS 66	COM	718546104	108,071	1,066	SH		SOLE		0	0	1,066
PTC INC	COM	69370C100	259,281	2,022	SH		SOLE		0	0	2,022
PRUDENTIAL PLC	ADR	74435K204	66,573	2,435	SH		SOLE		0	0	2,435
POWERSCHOOL HOLDINGS INC	COM CL A	73939C106	90,221	4,552	SH		SOLE		0	0	4,552
PYXIS TANKERS INC	COM NEW	Y71726130	69,810	14,218	SH		SOLE		0	0	14,218
QUALCOMM INC	COM	747525103	964,505	7,560	SH		SOLE		0	0	7,560
RESTAURANT BRANDS INTL INC	COM	76131D103	144,217	2,148	SH		SOLE		0	0	2,148
ROYAL CARIBBEAN LTD	COM	V7780T103	241,153	3,693	SH		SOLE		0	0	3,693
REYNOLDS CONSUMER PRODS INC	COM	76171L106	219,313	7,975	SH		SOLE		0	0	7,975
REGIONS FINANCIAL CORP NEW	COM	7591EP100	129,419	6,973	SH		SOLE		0	0	6,973
REINSURANCE GRP OF AMERICA I	COM NEW	759351604	120,812	910	SH		SOLE		0	0	910
RH	COM	74967X103	307,360	1,262	SH		SOLE		0	0	1,262
TRANSOCEAN LTD	REG SHS	H8817H100	151,731	23,857	SH		SOLE		0	0	23,857
RAYMOND JAMES FINL INC	COM	754730109	104,089	1,116	SH		SOLE		0	0	1,116
RALPH LAUREN CORP	CL A	751212101	111,303	954	SH		SOLE		0	0	954
RAMBUS INC DEL	COM	750917106	105,749	2,063	SH		SOLE		0	0	2,063
RENAISSANCERE HOLDINGS LTD	COM	G7496G103	182,710	912	SH		SOLE		0	0	912
ROSS STORES INC	COM	778296103	340,041	3,204	SH		SOLE		0	0	3,204
SUNRUN INC	COM	86771W105	80,963	4,018	SH		SOLE		0	0	4,018
SCIENCE APPLICATNS INTL CO	COM	808625107	3,116	29	SH		SOLE		0	0	29
BOSTON BEER INC	CL A	100557107	284,654	866	SH		SOLE		0	0	866
BANCO SANTANDER S.A.	ADR	05964H105	153,021	41,469	SH		SOLE		0	0	41,469
STARBUCKS CORP	COM	855244109	110,378	1,060	SH		SOLE		0	0	1,060
SCHWAB CHARLES CORP	COM	808513105	85,379	1,630	SH		SOLE		0	0	1,630
STIFEL FINL CORP	COM	860630102	96,612	1,635	SH		SOLE		0	0	1,635
SIGNET JEWELERS LIMITED	SHS	G81276100	142,104	1,827	SH		SOLE		0	0	1,827
SILICON MOTION TECHNOLOGY CO	SPONSORED ADR	82706C108	2,701,979	41,239	SH		SOLE		0	0	41,239
SILICON LABORATORIES INC	COM	826919102	206,256	1,178	SH		SOLE		0	0	1,178
SCHLUMBERGER LTD	COM STK	806857108	143,470	2,922	SH		SOLE		0	0	2,922
SYNOVUS FINL CORP	COM NEW	87161C501	156,555	5,078	SH		SOLE		0	0	5,078
TD SYNNEX CORPORATION	COM	87162W100	99,307	1,026	SH		SOLE		0	0	1,026
SOFI TECHNOLOGIES INC	COM	83406F102	236,396	38,945	SH		SOLE		0	0	38,945
SIMON PPTY GROUP INC NEW	COM	828806109	318,555	2,845	SH		SOLE		0	0	2,845
SPLUNK INC	COM	848637104	229,249	2,391	SH		SOLE		0	0	2,391
SOCIEDAD QUIMICA Y MINERA DE	SPON ADR SER B	833635105	133,587	1,648	SH		SOLE		0	0	1,648
SPIRIT RLTY CAP INC NEW	COM NEW	84860W300	266,410	6,687	SH		SOLE		0	0	6,687
STERICYCLE INC	COM	858912108	119,666	2,744	SH		SOLE		0	0	2,744
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	102,211	1,810	SH		SOLE		0	0	1,810
STAG INDL INC	COM	85254J102	232,377	6,871	SH		SOLE		0	0	6,871
STEEL DYNAMICS INC	COM	858119100	504,813	4,465	SH		SOLE		0	0	4,465
SCORPIO TANKERS INC	SHS	Y7542C130	77,314	1,373	SH		SOLE		0	0	1,373
STATE STR CORP	COM	857477103	244,630	3,232	SH		SOLE		0	0	3,232
GRUPO SUPERVIELLE S.A.	SPONSORED ADR	40054A108	181,865	80,829	SH		SOLE		0	0	80,829
SUZANO SA	SPON ADS	86959K105	2,558,326	311,611	SH		SOLE		0	0	311,611
SYNCHRONY FINANCIAL	COM	87165B103	179,773	6,182	SH		SOLE		0	0	6,182
SYNAPTICS INC	COM	87157D109	71,025	639	SH		SOLE		0	0	639
TORONTO DOMINION BK ONT	COM NEW	891160509	138,010	2,304	SH		SOLE		0	0	2,304
TELEDYNE TECHNOLOGIES INC	COM	879360105	84,998	190	SH		SOLE		0	0	190
TECK RESOURCES LTD	CL B	878742204	134,503	3,685	SH		SOLE		0	0	3,685
TEVA PHARMACEUTICAL INDS LTD	SPONSORED ADS	881624209	151,052	17,068	SH		SOLE		0	0	17,068
TRUIST FINL CORP	COM	89832Q109	166,851	4,893	SH		SOLE		0	0	4,893
TRANSPORTADORA DE GAS SUR	SPONSORED ADS B	893870204	277,975	27,146	SH		SOLE		0	0	27,146
THOR INDS INC	COM	885160101	235,257	2,954	SH		SOLE		0	0	2,954
TJX COS INC NEW	COM	872540109	111,193	1,419	SH		SOLE		0	0	1,419
TIMKEN CO	COM	887389104	106,073	1,298	SH		SOLE		0	0	1,298
TOAST INC	CL A	888787108	75,118	4,232	SH		SOLE		0	0	4,232
TEMPUR SEALY INTL INC	COM	88023U101	112,468	2,848	SH		SOLE		0	0	2,848
TARGA RES CORP	COM	87612G101	271,228	3,718	SH		SOLE		0	0	3,718
TRANSUNION	COM	89400J107	1,180,660	19,000	SH		SOLE		0	0	19,000
TENARIS S A	SPONSORED ADS	88031M109	41,152	1,448	SH		SOLE		0	0	1,448
TOWER SEMICONDUCTOR LTD	SHS NEW	M87915274	3,573,553	84,143	SH		SOLE		0	0	84,143
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	1,558,550	16,755	SH		SOLE		0	0	16,755
TEXTRON INC	COM	883203101	115,480	1,635	SH		SOLE		0	0	1,635
UNITED AIRLS HLDGS INC	COM	910047109	111,510	2,520	SH		SOLE		0	0	2,520
UBS GROUP AG	SHS	H42097107	175,415	8,220	SH		SOLE		0	0	8,220
UFP INDUSTRIES INC	COM	90278Q108	89,086	1,121	SH		SOLE		0	0	1,121
UNIVERSAL HLTH SVCS INC	CL B	913903100	314,700	2,476	SH		SOLE		0	0	2,476
UNITED RENTALS INC	COM	911363109	129,809	328	SH		SOLE		0	0	328
US BANCORP DEL	COM NEW	902973304	132,484	3,675	SH		SOLE		0	0	3,675
US FOODS HLDG CORP	COM	912008109	222,822	6,032	SH		SOLE		0	0	6,032
UNITED THERAPEUTICS CORP DEL	COM	91307C102	124,074	554	SH		SOLE		0	0	554
VISA INC	COM CL A	92826C839	1,382,295	6,131	SH		SOLE		0	0	6,131
MARRIOTT VACTIONS WORLDWIDE	COM	57164Y107	242,343	1,797	SH		SOLE		0	0	1,797
VALARIS LIMITED	CL A	G9460G101	66,491	1,022	SH		SOLE		0	0	1,022
VALE S A	SPONSORED ADS	91912E109	2,583,249	163,704	SH		SOLE		0	0	163,704
V F CORP	COM	918204108	124,882	5,451	SH		SOLE		0	0	5,451
VICI PPTYS INC	COM	925652109	236,495	7,250	SH		SOLE		0	0	7,250
VALERO ENERGY CORP	COM	91913Y100	318,148	2,279	SH		SOLE		0	0	2,279
VALMONT INDS INC	COM	920253101	88,441	277	SH		SOLE		0	0	277
VANECK ETF TRUST	VANECK VIETNAM	92189F817	3,405,601	279,606	SH		SOLE		0	0	279,606
VOYA FINANCIAL INC	COM	929089100	219,454	3,071	SH		SOLE		0	0	3,071
VERONA PHARMA PLC	SPONSORED ADS	925050106	257,908	12,844	SH		SOLE		0	0	12,844
VERISIGN INC	COM	92343E102	88,125	417	SH		SOLE		0	0	417
VTEX	SHS CL A	G9470A102	282,597	73,593	SH		SOLE		0	0	73,593
VIATRIS INC	COM	92556V106	367,782	38,231	SH		SOLE		0	0	38,231
VANGUARD INDEX FDS	GROWTH ETF	922908736	37,914,880	152,000	SH		SOLE		0	0	152,000
WABTEC	COM	929740108	79,635	788	SH		SOLE		0	0	788
WALGREENS BOOTS ALLIANCE INC	COM	931427108	340,163	9,837	SH		SOLE		0	0	9,837
WEBSTER FINL CORP	COM	947890109	155,354	3,941	SH		SOLE		0	0	3,941
WORKDAY INC	CL A	98138H101	1,801,442	8,722	SH		SOLE		0	0	8,722
WESTERN DIGITAL CORP.	COM	958102105	318,801	8,463	SH		SOLE		0	0	8,463
WEX INC	COM	96208T104	213,129	1,159	SH		SOLE		0	0	1,159
WESTLAKE CORPORATION	COM	960413102	130,593	1,126	SH		SOLE		0	0	1,126
WP CAREY INC	COM	92936U109	226,626	2,989	SH		SOLE		0	0	2,989
WINTRUST FINL CORP	COM	97650W108	113,875	1,561	SH		SOLE		0	0	1,561
WW INTL INC	COM	98262P101	2,645	642	SH		SOLE		0	0	642
WESTERN UN CO	COM	959802109	102,725	9,213	SH		SOLE		0	0	9,213
WORLD WRESTLING ENTMT INC	CL A	98156Q108	424,359	4,650	SH		SOLE		0	0	4,650
UNITED STATES STL CORP NEW	COM	912909108	239,180	9,164	SH		SOLE		0	0	9,164
XENON PHARMACEUTICALS INC	COM	98420N105	129,273	3,612	SH		SOLE		0	0	3,612
SELECT SECTOR SPDR TR	ENERGY	81369Y506	4,116,651	49,700	SH		SOLE		0	0	49,700
SELECT SECTOR SPDR TR	FINANCIAL	81369Y605	68,222	2,122	SH		SOLE		0	0	2,122
EXXON MOBIL CORP	COM	30231G102	130,715	1,192	SH		SOLE		0	0	1,192
XP INC	CL A	G98239109	2,916,032	245,664	SH		SOLE		0	0	245,664
XYLEM INC	COM	98419M100	123,441	1,179	SH		SOLE		0	0	1,179
YALLA GROUP LTD	ADS	98459U103	138,944	35,265	SH		SOLE		0	0	35,265
CLEAR SECURE INC	COM CL A	18467V109	73,224	2,798	SH		SOLE		0	0	2,798
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	257,141	23,419	SH		SOLE		0	0	23,419
ZILLOW GROUP INC	CL C CAP STK	98954M200	265,886	5,979	SH		SOLE		0	0	5,979
ZYMEWORKS INC	COM	98985Y108	148,699	16,449	SH		SOLE		0	0	16,449
DBX ETF TR	CALL	233051909	7,500	15,000	SH	Call	SOLE		0	0	15,000
ISHARES TR	CALL	464288903	2,500,000	40,000	SH	Call	SOLE		0	0	40,000
ISHARES TR	PUT	464288953	280,000	40,000	SH	Put	SOLE		0	0	40,000

Kapitalo Investimentos Ltda 13F-HRQuarterly holdings report by institutional manager