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
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADOBE INC COM 00724F101 BBG001S5NCQ5 14,888,000 25,000 SH   SOLE   25,000 0 0
ADOBE INC COM 00724F101 BBG001S5NCQ5 29,776,000 50,000 SH Put SOLE   50,000 0 0
ADVANCED MICRO DEVICES INC COM 007903107 BBG001S5NN36 366,991 2,467 SH   SOLE   2,467 0 0
AFLAC INC COM 001055102 BBG001S5NGJ4 221,697 2,700 SH Put SOLE   2,700 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 BBG006G2JWB1 10,293,234 133,263 SH   SOLE   133,263 0 0
ALMACENES EXITO S A SPON ADS 02028M105 BBG01HTN6LN1 72,486,592 10,025,808 SH   SOLE   10,025,808 0 0
ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 3,040,888 21,685 SH   SOLE   21,685 0 0
ALPHABET INC CAP STK CL C 02079K107 BBG009S3NB21 282,560 2,000 SH Call SOLE   2,000 0 0
AMAZON COM INC COM 023135106 BBG001S5PQL7 2,764,828 18,026 SH   SOLE   18,026 0 0
AMBEV SA SPONSORED ADR 02319V103 BBG005KLVT74 39,198 13,900 SH   SOLE   13,900 0 0
AMGEN INC COM 031162100 BBG001S5NNL6 627,112 2,174 SH   SOLE   2,174 0 0
ARCOS DORADOS HOLDINGS INC SHS CLASS -A - G0457F107 BBG001V0XGV6 2,823,654 220,598 SH   SOLE   220,598 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 BBG001SF7657 58,431 16,506 SH   SOLE   16,506 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 BBG001S8JWT7 3,016,667 98,103 SH   SOLE   98,103 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 BBG001S90346 206,675 578 SH   SOLE   578 0 0
BOEING CO COM 097023105 BBG001S5P0V3 625,881 2,404 SH   SOLE   2,404 0 0
BROADCOM INC COM 11135F101 BBG00KHY5SY8 22,947,672 20,445 SH   SOLE   20,445 0 0
BROADCOM INC COM 11135F101 BBG00KHY5SY8 45,345,364 40,400 SH Put SOLE   40,400 0 0
CHEVRON CORP NEW COM 166764100 BBG001S67ZC5 428,192 2,859 SH   SOLE   2,859 0 0
CHURCH & DWIGHT CO INC COM 171340102 BBG001S5PR99 234,975 2,500 SH Put SOLE   2,500 0 0
CI&T INC COM CL A G21307106 BBG00PVKYX69 230,375 43,467 SH   SOLE   43,467 0 0
CIA ENERGETICA DE MINAS GERA SP ADR N-V PFD 204409601 BBG001S64WN3 3,879,183 1,679,300 SH   SOLE   1,679,300 0 0
CITIGROUP INC COM NEW 172967424 BBG001S72ZG4 17,851,680 346,500 SH   SOLE   346,500 0 0
CITIGROUP INC COM NEW 172967424 BBG001S72ZG4 51,004,800 990,000 SH Put SOLE   990,000 0 0
COCA COLA CO COM 191216100 BBG001S5SMQ8 756,641 12,879 SH   SOLE   12,879 0 0
COINBASE GLOBAL INC COM CL A 19260Q107 BBG00ZGF7799 539,326 2,894 SH   SOLE   2,894 0 0
COMPANHIA BRASILEIRA DE DIST SPONSORED ADR 20440T300 BBG001S9YV92 239,965 311,400 SH   SOLE   311,400 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 BBG001S8LLN4 13,929,297 905,676 SH   SOLE   905,676 0 0
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 BBG001SBDQR1 1,509,816 378,400 SH   SOLE   378,400 0 0
COPA HOLDINGS SA CL A P31076105 BBG001SKXLQ1 6,756,640 63,046 SH   SOLE   63,046 0 0
DESPEGAR COM CORP ORD SHS G27358103 BBG00HFV9HL7 194,086 20,560 SH   SOLE   20,560 0 0
DIAMONDBACK ENERGY INC COM 25278X109 BBG002PHSZN7 353,531 2,276 SH   SOLE   2,276 0 0
ELEVANCE HEALTH INC COM 036752103 BBG001S6KBQ8 632,705 1,350 SH   SOLE   1,350 0 0
ELI LILLY & CO COM 532457108 BBG001S5STL8 1,742,550 3,000 SH   SOLE   3,000 0 0
EMBRAER S.A. SPONSORED ADS 29082A107 BBG001S63XQ9 4,661,534 251,025 SH   SOLE   251,025 0 0
GLOBAL X FDS GLOBAL X COPPER 37954Y830 BBG001T8JBX7 823,284 21,780 SH   SOLE   21,780 0 0
GLOBAL X FDS GLOBAL X URANIUM 37954Y871 BBG001TF8NP6 10,815,121 393,850 SH   SOLE   393,850 0 0
GOL LINHAS AEREAS INTELIGENT SPON ADR PFD NEW 38045R206 BBG001SHJN80 672,660 181,800 SH   SOLE   181,800 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 BBG001SC07Z6 6,558,151 16,972 SH   SOLE   16,972 0 0
GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS 40053W101 BBG004T0ZN64 50,408 20,744 SH   SOLE   20,744 0 0
HALLIBURTON CO COM 406216101 BBG001S5RS59 1,616,342 44,638 SH   SOLE   44,638 0 0
HALLIBURTON CO COM 406216101 BBG001S5RS59 452,625 12,500 SH Call SOLE   12,500 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 BBG0058KMH49 472,524 2,600 SH   SOLE   2,600 0 0
HOME DEPOT INC COM 437076102 BBG001S5RTW7 1,116,068 3,213 SH   SOLE   3,213 0 0
INTER & CO INC CLASS A COM G4R20B107 BBG017Y8GKR7 11,119,772 1,982,134 SH   SOLE   1,982,134 0 0
INVESCO EXCH TRADED FD TR II INVESCO PHLX SM 46138G615 BBG011B9WCN7 986,939 29,745 SH   SOLE   29,745 0 0
INVESCO EXCH TRADED FD TR II S&P500 LOW VOL 46138E354 BBG001V18CG8 11,142,157 178,132 SH   SOLE   178,132 0 0
INVESCO EXCH TRADED FD TR II S&P500 LOW VOL 46138E354 BBG001V18CG8 1,257,255 20,100 SH Call SOLE   20,100 0 0
IRSA INVERSIONES Y REP S A SPON GDS ECH 10 450047303 BBG001S8CL18 937,687 109,415 SH   SOLE   109,415 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 BBG001SFN5N1 35,110,000 1,000,000 SH Call SOLE   1,000,000 0 0
ISHARES INC MSCI MEXICO ETF 464286822 BBG001S8SYQ6 5,232,920 77,000 SH   SOLE   77,000 0 0
ISHARES SILVER TR ISHARES 46428Q109 BBG001SQLN69 272,676 12,400 SH   SOLE   12,400 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 BBG001SMDNB1 346,260 14,500 SH   SOLE   14,500 0 0
ISHARES TR CORE S&P500 ETF 464287200 BBG001SFB7R6 2,803,587 5,853 SH   SOLE   5,853 0 0
ISHARES TR GL CLEAN ENE ETF 464288224 BBG001S7XDQ8 158,087 10,050 SH   SOLE   10,050 0 0
ISHARES TR GLOBAL TECH ETF 464287291 BBG001S60KQ0 1,710,750 25,000 SH   SOLE   25,000 0 0
ISHARES TR MSCI CHINA ETF 46429B671 BBG001S56D46 9,548,560 236,000 SH   SOLE   236,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 BBG001SK77D5 243,392 6,050 SH   SOLE   6,050 0 0
ISHARES TR MSCI POLAND ETF 46429B606 BBG001S56L11 287,956 12,580 SH   SOLE   12,580 0 0
ISHARES TR RUS 2000 GRW ETF 464287648 BBG001S562F8 307,792 1,201 SH   SOLE   1,201 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 BBG001SFC7Y7 5,107,121 25,030 SH   SOLE   25,030 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 BBG001SFC7Y7 102,020,000 500,000 SH Put SOLE   500,000 0 0
ISHARES TR TIPS BD ETF 464287176 BBG001SD9RM5 860,960 8,000 SH Call SOLE   8,000 0 0
JABIL INC COM 466313103 BBG001S7RB70 383,940 3,000 SH Call SOLE   3,000 0 0
JABIL INC COM 466313103 BBG001S7RB70 383,940 3,000 SH Put SOLE   3,000 0 0
JOHNSON & JOHNSON COM 478160104 BBG001S5SHQ9 781,647 4,992 SH   SOLE   4,992 0 0
JPMORGAN CHASE & CO COM 46625H100 BBG001S8CRC3 1,506,304 8,845 SH   SOLE   8,845 0 0
KENVUE INC COM 49177J102 BBG01C79X614 2,466,452 114,879 SH   SOLE   114,879 0 0
LAS VEGAS SANDS CORP COM 517834107 BBG001SJCGP9 239,216 4,873 SH   SOLE   4,873 0 0
LISTED FD TR ROUNDHILL BALL 53656F417 BBG011J1MP12 492,264 42,400 SH   SOLE   42,400 0 0
LOMA NEGRA C I A S A MTN 14 SPONSORED ADS 54150E104 BBG00HMSHSQ8 911,809 128,605 SH   SOLE   128,605 0 0
LPL FINL HLDGS INC COM 50212V100 BBG001T5GK39 2,147,524 9,400 SH   SOLE   9,400 0 0
MERCADOLIBRE INC COM 58733R102 BBG001SM32G3 26,504,453 16,758 SH   SOLE   16,758 0 0
MERCK & CO INC COM 58933Y105 BBG001S5TC52 1,718,784 15,802 SH   SOLE   15,802 0 0
META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 4,881,393 13,623 SH   SOLE   13,623 0 0
MICROSOFT CORP COM 594918104 BBG001S5TD05 7,081,534 18,870 SH   SOLE   18,870 0 0
MOODYS CORP COM 615369105 BBG001S5VP87 312,504 800 SH   SOLE   800 0 0
MORGAN STANLEY COM NEW 617446448 BBG001S9V5Z3 1,897,427 20,263 SH   SOLE   20,263 0 0
NASDAQ INC COM 631103108 BBG001SKTBJ6 232,960 4,000 SH   SOLE   4,000 0 0
NATURA &CO HLDG S A ADS 63884N108 BBG00R4ZKQD4 589,838 84,991 SH   SOLE   84,991 0 0
NU HLDGS LTD ORD SHS CL A G6683N103 BBG0136WM2Y9 18,332,510 2,190,264 SH   SOLE   2,190,264 0 0
NU HLDGS LTD ORD SHS CL A G6683N103 BBG0136WM2Y9 11,322,099 1,352,700 SH Call SOLE   1,352,700 0 0
NVIDIA CORPORATION COM 67066G104 BBG001S5TZJ6 6,419,537 12,963 SH   SOLE   12,963 0 0
ORACLE CORP COM 68389X105 BBG001S5SJG6 8,700,919 81,891 SH   SOLE   81,891 0 0
ORACLE CORP COM 68389X105 BBG001S5SJG6 18,062,500 170,000 SH Put SOLE   170,000 0 0
PAGSEGURO DIGITAL LTD COM CL A G68707101 BBG00JM7QCG6 2,628,745 206,500 SH Call SOLE   206,500 0 0
PAGSEGURO DIGITAL LTD COM CL A G68707101 BBG00JM7QCG6 2,628,745 206,500 SH Put SOLE   206,500 0 0
PALO ALTO NETWORKS INC COM 697435105 BBG001T9NWN5 1,773,480 6,000 SH Call SOLE   6,000 0 0
PAMPA ENERGIA S A SPONS ADR LVL I 697660207 BBG001T5K0S1 2,014,597 41,410 SH   SOLE   41,410 0 0
PRICE T ROWE GROUP INC COM 74144T108 BBG001S5WW18 545,050 5,000 SH Call SOLE   5,000 0 0
PROCTER AND GAMBLE CO COM 742718109 BBG001S5V4L9 727,921 4,995 SH   SOLE   4,995 0 0
PRUDENTIAL FINL INC COM 744320102 BBG001S97MM7 260,575 2,500 SH Put SOLE   2,500 0 0
S&P GLOBAL INC COM 78409V104 BBG001S5T5M8 344,635 780 SH   SOLE   780 0 0
SCHLUMBERGER LTD COM STK 806857108 BBG001S5W4C8 423,719 8,111 SH   SOLE   8,111 0 0
SCHWAB CHARLES CORP COM 808513105 BBG001S5VXD4 1,391,000 20,000 SH   SOLE   20,000 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 BBG001S7T1S7 731,817 8,709 SH   SOLE   8,709 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 BBG001S7T223 2,841,712 75,337 SH   SOLE   75,337 0 0
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 BBG00B597137 3,345,908 82,615 SH   SOLE   82,615 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 BBG001S7TD56 3,160,989 49,850 SH   SOLE   49,850 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 BBG001S7R733 3,512,492 40,900 SH   SOLE   40,900 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 BBG001S7R733 858,800 10,000 SH Put SOLE   10,000 0 0
SEMANTIX INC CL A ORD SHS G6332A106 BBG018NBPT00 67,668 96,682 SH   SOLE   96,682 0 0
SEMANTIX INC CL A ORD SHS G6332A106 BBG018NBPT00 378,320 540,534 SH Call SOLE   540,534 0 0
SIGMA LITHIUM CORPORATION COM 826599102 BBG0027F58B9 407,992 12,838 SH   SOLE   12,838 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 BBG001S8H000 8,260,536 330,686 SH   SOLE   330,686 0 0
SPDR DOW JONES INDL AVERAGE UT SER 1 78467X109 BBG001S8LH99 253,741 673 SH   SOLE   673 0 0
SPDR GOLD TR GOLD SHS 78463V107 BBG001SCPX28 3,470,968 18,128 SH   SOLE   18,128 0 0
SPDR GOLD TR GOLD SHS 78463V107 BBG001SCPX28 53,611,600 280,000 SH Call SOLE   280,000 0 0
SPDR SER TR PRTFLO S&P500 GW 78464A409 BBG001SD7RB9 4,341,708 66,509 SH   SOLE   66,509 0 0
SPDR SER TR S&P METALS MNG 78464A755 BBG001SMH2W0 358,366 5,900 SH   SOLE   5,900 0 0
SPDR SER TR S&P REGL BKG 78464A698 BBG001SMH2R6 2,023,880 38,000 SH   SOLE   38,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 BBG001S5WWW4 298,395 2,850 SH   SOLE   2,850 0 0
TELEFONICA BRASIL SA NEW ADR 87936R205 BBG00Y6FQJF9 6,207,665 566,910 SH   SOLE   566,910 0 0
TEMPUR SEALY INTL INC COM 88023U101 BBG001SH81D4 2,054,000 40,000 SH   SOLE   40,000 0 0
THE CIGNA GROUP COM 125523100 BBG00KXRCDQ9 371,256 1,240 SH   SOLE   1,240 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 BBG001S5WS08 1,161,809 2,180 SH   SOLE   2,180 0 0
T-MOBILE US INC COM 872590104 BBG001SKR9Y6 871,841 5,485 SH   SOLE   5,485 0 0
TRANSPORTADORA DE GAS SUR SPONSORED ADS B 893870204 BBG001S80GV9 620,316 41,604 SH   SOLE   41,604 0 0
UBER TECHNOLOGIES INC COM 90353T100 BBG002B04MW4 669,095 10,597 SH   SOLE   10,597 0 0
UBS GROUP AG SHS H42097107 BBG007936GX0 2,627,350 85,000 SH   SOLE   85,000 0 0
UNITED STATES STL CORP NEW COM 912909108 BBG001S5XL75 2,043,720 42,000 SH   SOLE   42,000 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 BBG001SR42Z0 5,712,401 183,266 SH   SOLE   183,266 0 0
VANECK ETF TRUST JUNIOR GOLD MINE 92189F791 BBG001T60G06 4,473,220 117,100 SH   SOLE   117,100 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 BBG001T2YZG9 370,954 3,598 SH   SOLE   3,598 0 0
VICI PPTYS INC COM 925652109 BBG00HVVB4B6 241,350 7,500 SH Call SOLE   7,500 0 0
VISA INC COM CL A 92826C839 BBG001SRCFY3 2,564,419 9,848 SH   SOLE   9,848 0 0
VTEX SHS CL A G9470A102 BBG011M1L6B0 401,593 58,456 SH   SOLE   58,456 0 0
VULCAN MATLS CO COM 929160109 BBG001S5X8R2 305,246 1,354 SH   SOLE   1,354 0 0
WALMART INC COM 931142103 BBG001S5XH92 344,606 2,187 SH   SOLE   2,187 0 0
XP INC CL A G98239109 BBG00QVJYHP4 24,458,149 928,203 SH   SOLE   928,203 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 BBG001S61Q40 2,113,016 124,222 SH   SOLE   124,222 0 0
ZIONS BANCORPORATION N A COM 989701107 BBG001S5XN80 223,300 5,000 SH   SOLE   5,000 0 0
ZIONS BANCORPORATION N A COM 989701107 BBG001S5XN80 446,600 10,000 SH Put SOLE   10,000 0 0