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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 (2016Q4)
Portfolio Summary: 137 holdings with a total value of $474,676,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 VANGUARD INDEX FDS 5,319 686,000 0.14%
102 VANGUARD INTL EQUITY INDEX F 7,096 667,000 0.14%
103 DIAGEO P L C 6,330 658,000 0.14%
104 ISHARES INC 15,500 658,000 0.14%
105 VANGUARD STAR FDS 14,286 655,000 0.14%
106 ISHARES 33,290 648,000 0.14%
107 ANHEUSER BUSCH INBEV SA/NV 5,821 614,000 0.13%
108 HSBC HLDGS PLC 23,555 594,000 0.13%
109 CONOCOPHILLIPS 11,665 585,000 0.12%
110 ISHARES SILVER TR 37,437 566,000 0.12%
111 SPDR INDEX SHS FDS 19,063 553,000 0.12%
112 SPDR S&P MIDCAP 400 ETF TR 1,738 524,000 0.11%
113 INTERNATIONAL BUSINESS MACHS 3,030 503,000 0.11%
114 GERDAU S A 157,900 496,000 0.10%
115 Novartis AG ADR 6,765 493,000 0.10%
116 ISHARES 14,300 477,000 0.10%
117 VANGUARD INTL EQUITY INDEX F 9,589 475,000 0.10%
118 MARATHON OIL CORP 27,000 467,000 0.10%
119 DEERE & CO 4,200 433,000 0.09%
120 Select Sector SPDR Tr Real Est 14,040 432,000 0.09%
121 RIO TINTO PLC 11,000 423,000 0.09%
122 China Mobile Hong Kong Ltd 8,025 421,000 0.09%
123 ISHARES MSCI SPAN CP ETF 15,700 416,000 0.09%
124 CANADIAN SOLAR INC 32,480 396,000 0.08%
125 UNILEVER PLC 8,400 342,000 0.07%
126 COMPANHIA SIDERURGICA NACION 95,400 308,000 0.06%
127 ISHARES TR 5,345 294,000 0.06%
128 HONDA MOTOR LTD 9,620 281,000 0.06%
129 ROYAL GOLD INC 4,250 269,000 0.06%
130 SCHLUMBERGER LTD 3,037 255,000 0.05%
131 CORNING INC 10,000 243,000 0.05%
132 TELEFONAKTIEBOLAGET LM ERICS 38,200 223,000 0.05%
133 PROSHARES TR II 8,000 217,000 0.05%
134 SPDR INDEX SHS FDS 5,012 206,000 0.04%
135 ISHARES TR 7,451 205,000 0.04%
136 GLAXOSMITHKLINE PLC 5,296 204,000 0.04%
137 TIME INC NEW 10,600 189,000 0.04%
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Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001427263-17-000001, filed 2017.02.09).

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.