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STOCK TICKER:

MAJOR GURUS:
David Einhorn
Bill Ackman
Bill Miller
Steven Cohen
Jim Simons

Zephyr Management, L.P. INSTITUTION : Zephyr Management, L.P.
Zephyr Management, L.P. Latest Top 20 Portfolio Holdings: (Filing Date: 2009-10-26) --- full portfolio
Company (links to holding history) Ticker Value On
2009-09-30
No of Shares % of portfolio
GRUPO TELEVISA SA    (SP ADR REP ORD) TV 6,791,000 365,300 14.59%
BANCO BRADESCO S A    (SP ADR PFD NEW) BBD 6,403,000 321,900 13.76%
COMPANHIA DE BEBIDAS DAS AMERICAS    (SPON ADR PFD) ABV 5,532,000 67,250 11.89%
DESARROLLADORA HOMEX S A DE    (SPONSORED ADR) HXM 5,293,000 140,100 11.37%
CENTRAL EUROPEAN MEDIA ENTRP    (CL A NEW) CETV 5,240,000 153,000 11.26%
AMERICA MOVIL SAB DE CV    (SPON ADR L SHS) AMX 5,139,000 117,250 11.04%
INFOSYS TECHNOLOGIES LTD    (SPONSORED ADR) INFY 4,994,000 103,000 10.73%
BANCOLOMBIA SA    (SPON ADR PREF) CIB 4,370,000 101,800 9.39%
CREDICORP LTD    (COM) BAP 2,753,000 35,400 5.91%


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MAJOR GURUS:
Warren Buffett
John Paulson
George Soros

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