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Institutional Investment Manager
GFS Advisors, LLC
GFS Advisors, LLC (CIK: 0001427263), located at 1330 Post Oak Blvd, Suite 2100, Houston, TX. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q2)
Portfolio Summary: 124 holdings with a total value of $303,472,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 SANOFI 18,100 896,000 0.30%
52 CANADIAN SOLAR INC 31,450 899,000 0.30%
53 ALPHABET INC C NON VOTING SHAR 1,810 942,000 0.31%
54 UNILEVER PLC 22,900 984,000 0.32%
55 QUALCOMM INC 16,595 1,039,000 0.34%
56 ISHARES TR 27,724 1,098,000 0.36%
57 ISHARES NORTH AMERICAN NATURAL RESOURCES ETF 32,042 1,162,000 0.38%
58 POWERSHARES DB CMDTY IDX TRA 67,541 1,216,000 0.40%
59 ISHARES MSCI EAFE SMALL CAP IDX FD 26,565 1,355,000 0.45%
60 VALE S A 246,291 1,451,000 0.48%
61 VANGUARD INDEX FDS 15,500 1,470,000 0.48%
62 America Movil SAB de CV Sp ADR 70,076 1,493,000 0.49%
63 ISHARES TR 34,975 1,529,000 0.50%
64 ISHARES TR 30,063 1,573,000 0.52%
65 PETROLEO BRASILEIRO SA PETRO 176,050 1,593,000 0.52%
66 BERKSHIRE HATHAWAY INC DEL 12,000 1,633,000 0.54%
67 PROSHARES TR II 66,300 1,641,000 0.54%
68 VANGUARD INDEX FDS 15,315 1,651,000 0.54%
69 ISHARES TR 14,071 1,657,000 0.55%
70 VANGUARD INTL EQUITY INDEX F 27,202 1,660,000 0.55%
71 DIREXION SHS ETF TR 53,200 1,665,000 0.55%
72 SPDR S&P MIDCAP 400 ETF TR 6,445 1,761,000 0.58%
73 VANGUARD INDEX FDS 20,118 1,851,000 0.61%
74 ISHARES TR 13,267 1,990,000 0.66%
75 DEUTSCHE BANK AG 66,240 1,998,000 0.66%
76 VANGUARD INTL EQUITY INDEX F 41,417 2,011,000 0.66%
77 DEERE & CO 22,300 2,164,000 0.71%
78 TOYOTA MOTOR CORP 16,775 2,244,000 0.74%
79 TEVA PHARMACEUTICAL INDS LTD 39,072 2,309,000 0.76%
80 COCA COLA CO 59,213 2,323,000 0.77%
81 SELECT SECTOR SPDR TR 30,400 2,325,000 0.77%
82 ISHARES 84,059 2,344,000 0.77%
83 CITIGROUPINC 42,489 2,347,000 0.77%
84 ISHARES NASDAQ BIOTECHNOLOGY ETF 4,357 2,353,000 0.78%
85 China Mobile Hong Kong Ltd 36,950 2,368,000 0.78%
86 ISHARES TR 37,329 2,370,000 0.78%
87 INTEL CORP 83,103 2,528,000 0.83%
88 MICROSOFT CORP 60,383 2,666,000 0.88%
89 TOTAL S A 54,368 2,673,000 0.88%
90 MERCK & CO INC 48,351 2,753,000 0.91%
91 JPMORGAN CHASE & CO 42,913 2,908,000 0.96%
92 SPDR INDEX SHS FDS 79,640 2,981,000 0.98%
93 ALTISOURCE PORTFOLIO SOLNS S 101,600 3,128,000 1.03%
94 INTERNATIONAL BUSINESS MACHS 19,900 3,237,000 1.07%
95 DBX ETF TR 122,300 3,285,000 1.08%
96 PEPSICO INC 35,955 3,356,000 1.11%
97 Ishares - Japan 262,130 3,358,000 1.11%
98 VANGUARD INDEX FDS 34,000 3,640,000 1.20%
99 ISHARES TR 35,434 3,655,000 1.20%
100 DIREXION SHS ETF TR 41,900 3,686,000 1.21%
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Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001427263-15-000003, filed 2015.08.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.