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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 (2015Q3)
Original 13F HR (0001427263-15-000004) filed in 2015.11.13
#
Name
Shares
Value ($)
%
Options
Notes
1 CEMEX SAB DE CV 1,948,978 13,623 4.71%
2 BANK AMER CORP 896,979 13,975 4.83%
3 BANCO SANTANDER SA 584,293 3,085 1.07%
4 GENERAL ELECTRIC CO 421,646 10,634 3.68%
5 BANCO BILBAO VIZCAYA ARGENTA 400,160 3,349 1.16%
6 JOHNSON CTLS INTL PLC 371,793 15,377 5.32%
7 TELEFONICA S A 368,271 4,434 1.53%
8 Ishares - Japan 262,130 2,996 1.04%
9 VALE S A 228,256 959 0.33%
10 VANGUARD INTL EQUITY INDEX F 190,730 6,311 2.18%
11 GERDAU S A 177,900 244 0.08%
12 PETROLEO BRASILEIRO SA PETRO 176,050 766 0.26%
13 SPDR INDEX SHS FDS 163,504 5,535 1.91%
14 GENERAL MTRS CO 148,386 4,455 1.54%
15 COMPANHIA SIDERURGICA NACION 145,500 139 0.05%
16 AT&T INC 144,462 4,707 1.63%
17 DBX ETF TR 122,300 3,056 1.06%
18 INTEL CORP 111,676 3,366 1.16%
19 WISDOMTREE TR 94,038 5,139 1.78%
20 ISHARES 84,674 2,095 0.72%
21 ROYAL DUTCH SHELL PLC 77,077 3,653 1.26%
22 PROSHARES TR II 76,880 1,873 0.65%
23 DEUTSCHE BANK AG 76,162 2,053 0.71%
24 AMERICAN EXPRESS CO 74,825 5,547 1.92%
25 PROCTER AND GAMBLE CO 74,432 5,355 1.85%
26 ISHARES TR 67,000 7,223 2.50%
27 TOTAL S A 65,803 2,942 1.02%
28 SPDR DOW JONES INDL AVRG ETF 64,490 10,487 3.63%
29 POWERSHARES DB CMDTY IDX TRA 63,922 968 0.33%
30 MICROSOFT CORP 60,383 2,673 0.92%
31 SPDR S&P 500 ETF TR 60,105 11,518 3.98%
32 COCA COLA CO 59,227 2,376 0.82%
33 APPLE INC 58,377 6,439 2.23%
34 DIREXION SHS ETF TR 53,200 1,336 0.46%
35 MERCK & CO INC 51,751 2,556 0.88%
36 America Movil SAB de CV Sp ADR 51,376 850 0.29%
37 CATERPILLAR INC 50,880 3,326 1.15%
38 Exxon Mobil Corp 50,742 3,773 1.30%
39 CITIGROUPINC 50,489 2,505 0.87%
40 EMPRESAS ICA S A DE CV 50,000 83 0.03%
41 JOHNSON & JOHNSON 49,945 4,662 1.61%
42 VANGUARD INDEX FDS 44,960 4,438 1.53%
43 PEPSICO INC 43,360 4,089 1.41%
44 SPDR GOLD TR 43,158 4,612 1.59%
45 ISHARES TR 43,112 2,471 0.85%
46 VANGUARD INTL EQUITY INDEX F 42,366 1,806 0.62%
47 DIREXION SHS ETF TR 41,900 2,894 1.00%
48 JPMORGAN CHASE & CO 41,000 2,500 0.86%
49 ASSURED GUARANTY LTD COM 40,000 1,000 0.35%
50 PROSHARES TR ULTRAPRO QQQ 39,600 3,453 1.19%
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