GFS Advisors

GFS Advisors as of Dec. 31, 2012

Portfolio Holdings for GFS Advisors

GFS Advisors holds 76 positions in its portfolio as reported in the December 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
General Electric Company 10.3 $8.6M 379k 22.71
Spdr S&p 500 Etf (SPY) 9.7 $8.1M 56k 143.97
Walgreen Company 6.2 $5.2M 144k 36.44
Bank of America Corporation (BAC) 5.0 $4.2M 474k 8.83
Telefonica (TEF) 3.6 $3.1M 230k 13.28
Johnson & Johnson (JNJ) 3.4 $2.8M 41k 68.92
American Express Company (AXP) 2.8 $2.4M 42k 56.85
Cemex SAB de CV (CX) 2.6 $2.2M 265k 8.33
SPDR Dow Jones Industrial Average ETF (DIA) 2.6 $2.2M 16k 134.02
Petroleo Brasileiro SA (PBR) 2.5 $2.1M 93k 22.93
Gerdau SA (GGB) 2.0 $1.7M 178k 9.51
Hewlett-Packard Company 2.0 $1.6M 97k 17.06
Cisco Systems (CSCO) 1.9 $1.6M 84k 19.10
Berkshire Hathaway (BRK.B) 1.8 $1.5M 17k 88.21
Financial Select Sector SPDR (XLF) 1.8 $1.5M 95k 15.59
Spdr Index Shs Fds stoxx eur 50 etf (SPEU) 1.8 $1.5M 47k 31.60
Procter & Gamble Company (PG) 1.7 $1.4M 21k 69.37
Vanguard FTSE All-World ex-US ETF (VEU) 1.7 $1.4M 33k 42.97
Vale (VALE) 1.5 $1.2M 70k 17.91
Goldman Sachs (GS) 1.4 $1.2M 10k 113.69
United States Steel Corporation 1.4 $1.1M 59k 19.07
iShares S&P 100 Index (OEF) 1.4 $1.1M 17k 66.45
Sony Corporation (SONY) 1.3 $1.1M 94k 11.70
Vanguard Large-Cap ETF (VV) 1.2 $1.0M 16k 65.68
PowerShares QQQ Trust, Series 1 1.1 $932k 14k 68.55
iShares MSCI Emerging Markets Indx (EEM) 1.1 $887k 22k 41.34
iShares MSCI EAFE Index Fund (EFA) 1.1 $893k 17k 53.03
Kellogg Company (K) 1.0 $852k 17k 51.64
Microsoft Corporation (MSFT) 1.0 $845k 28k 29.75
Companhia Siderurgica Nacional (SID) 1.0 $819k 146k 5.63
Pepsi (PEP) 1.0 $821k 12k 70.78
PowerShares DB Com Indx Trckng Fund 0.9 $774k 27k 28.69
Manpower (MAN) 0.9 $753k 21k 36.82
Toyota Motor Corporation (TM) 0.9 $738k 9.4k 78.51
Vanguard Growth ETF (VUG) 0.9 $719k 9.9k 72.43
Crane 0.8 $687k 17k 39.94
Vanguard Value ETF (VTV) 0.8 $670k 1.4k 487.63
iShares Russell 1000 Value Index (IWD) 0.8 $666k 9.2k 72.15
Potash Corp. Of Saskatchewan I 0.8 $630k 15k 43.45
SPDR S&P MidCap 400 ETF (MDY) 0.7 $607k 3.4k 179.85
China Mobile 0.7 $559k 10k 55.35
Vanguard Emerging Markets ETF (VWO) 0.6 $530k 13k 41.71
Apple (AAPL) 0.6 $524k 785.00 667.52
Teck Resources Ltd cl b (TECK) 0.6 $514k 18k 29.46
Lowe's Companies (LOW) 0.6 $491k 16k 30.22
SPDR Gold Trust (GLD) 0.6 $498k 2.9k 171.72
Waste Management (WM) 0.5 $452k 14k 32.06
JPMorgan Chase & Co. (JPM) 0.5 $449k 11k 40.45
iShares MSCI Germany Index Fund (EWG) 0.5 $442k 20k 22.55
Pfizer (PFE) 0.5 $422k 17k 24.82
iShares Russell 2000 Index (IWM) 0.5 $417k 5.0k 83.40
Vanguard Total Stock Market ETF (VTI) 0.5 $400k 5.4k 73.65
Honda Motor (HMC) 0.5 $374k 12k 30.91
iShares S&P Europe 350 Index (IEV) 0.4 $357k 9.8k 36.49
iShares Russell 1000 Growth Index (IWF) 0.4 $356k 5.3k 66.62
iShares S&P MidCap 400 Index (IJH) 0.4 $337k 3.4k 98.74
iShares MSCI Pacific ex-Japan Idx (EPP) 0.4 $339k 7.6k 44.61
iShares FTSE/Xinhua China 25 Index (FXI) 0.4 $320k 9.2k 34.61
Google 0.4 $321k 425.00 755.29
Peabody Energy Corporation 0.3 $290k 13k 22.31
Technology SPDR (XLK) 0.3 $281k 9.1k 30.88
iShares S&P NA Nat. Re. Sc. Idx (IGE) 0.3 $272k 6.9k 39.55
India Fund (IFN) 0.3 $260k 11k 23.21
iShares MSCI Cntry Asa Jpn Idx Fnd (AAXJ) 0.3 $259k 4.6k 56.30
iShares MSCI EAFE Value Index (EFV) 0.3 $252k 5.6k 45.39
Vanguard REIT ETF (VNQ) 0.3 $249k 3.8k 65.05
Vanguard Pacific ETF (VPL) 0.3 $223k 4.4k 50.44
Vanguard Extended Market ETF (VXF) 0.3 $226k 3.8k 59.58
Barclays Bank Plc etn djubsalumi38 (JJUFF) 0.3 $228k 9.1k 25.05
Gruma S.A.B. de C.V. 0.3 $221k 20k 11.28
Siemens (SIEGY) 0.2 $205k 2.1k 100.00
Alcoa 0.2 $171k 19k 8.86
Banco Santander (SAN) 0.2 $145k 19k 7.48
New York Times Company (NYT) 0.2 $136k 14k 9.78
Nokia Corporation (NOK) 0.1 $45k 18k 2.57
Office Depot 0.0 $28k 11k 2.55