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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 (2016Q2)
Original 13F HR (0001427263-16-000008) filed in 2016.08.15
#
Name
Shares
Value ($)
%
Options
Notes
1 CEMEX SAB DE CV 4,309,520 26,590 6.42%
2 CEMEX SAB DE CV 2,271,097 14,013 3.39%
3 BANK AMER CORP 1,322,667 17,552 4.24%
4 BANCO BILBAO VIZCAYA ARGENTA 1,081,955 6,210 1.50%
5 BANCO SANTANDER SA 946,489 3,710 0.90%
6 BANK AMER CORP 710,800 9,432 2.28%
7 TELEFONICA S A 535,578 5,077 1.23%
8 GENERAL ELECTRIC CO 518,279 16,315 3.94%
9 JOHNSON CTLS INTL PLC 371,793 16,456 3.98%
10 SPDR INDEX SHS FDS 325,761 10,154 2.45%
11 GENERAL ELECTRIC CO 229,900 7,237 1.75%
12 Ishares - Japan 222,740 2,562 0.62%
13 General Motors Co 214,116 6,059 1.46%
14 America Movil SAB de CV Sp ADR 196,000 2,403 0.58%
15 BANCO BILBAO VIZCAYA ARGENTA 178,020 1,022 0.25%
16 PETROLEO BRASILEIRO SA PETRO 175,150 1,254 0.30%
17 VANGUARD INTL EQUITY INDEX F 171,193 6,031 1.46%
18 GERDAU S A 157,900 287 0.07%
19 FOMENTO ECONOMICO MEXICANO S 157,800 14,595 3.53%
20 INTEL CORP 128,300 4,208 1.02%
21 VALE S A 120,615 610 0.15%
22 GRUPO TELEVISA SA-SPON ADR 115,900 3,018 0.73%
23 VODAFONE GROUP PLC NEW 112,144 3,464 0.84%
24 ROYAL DUTCH SHELL PLC 108,125 5,971 1.44%
25 AMERICAN EXPRESS CO 96,983 5,893 1.42%
26 COMPANHIA SIDERURGICA NACION 95,400 234 0.06%
27 APPLE INC 92,587 8,851 2.14%
28 AT&T INC 83,396 3,604 0.87%
29 ISHARES TR 78,950 2,204 0.53%
30 TOTAL S A 78,023 3,753 0.91%
31 ISHARES 77,699 1,869 0.45%
32 VANGUARD ADMIRAL FDS INC 74,600 7,811 1.89%
33 SPDR INDEX SHS FDS 73,000 2,275 0.55%
34 CATERPILLAR INC 66,465 5,039 1.22%
35 PROSHARES TR II 65,380 1,590 0.38%
36 Exxon Mobil Corp 63,726 5,974 1.44%
37 WISDOMTREE TR 60,690 2,354 0.57%
38 Ishares - Japan 60,000 690 0.17%
39 SPDR DOW JONES INDL AVRG ETF 59,172 10,592 2.56%
40 POWERSHARES DB CMDTY IDX TRA 59,013 906 0.22%
41 Kinder Morgan Inc 58,000 1,086 0.26%
42 COCA COLA CO 57,801 2,620 0.63%
43 PFIZER INC 56,350 1,984 0.48%
44 INTEL CORP 56,050 1,838 0.44%
45 PETROLEO BRASILEIRO SA PETRO 54,300 389 0.09%
46 DIREXION SHS ETF TR 53,200 1,354 0.33%
47 SPDR S&P 500 ETF TR 51,877 10,867 2.63%
48 SELECT SECTOR SPDR TR 51,709 1,182 0.29%
49 JOHNSON & JOHNSON 50,307 6,102 1.47%
50 WAL-MART STORES INC 50,012 3,652 0.88%
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