Spinnaker Capital

Spinnaker Capital as of Dec. 31, 2010

Portfolio Holdings for Spinnaker Capital

Spinnaker Capital holds 6 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares MSCI Emerging Markets Indx (EEM) 92.2 $621M 13M 47.64
Banco Itau Holding Financeira (ITUB) 3.6 $24M 1.0M 24.01
Mechel OAO 2.0 $13M 458k 29.23
Vale 1.7 $12M 380k 30.22
Stillwater Mining Company 0.4 $2.9M 134k 21.35
North Amern Palladium 0.2 $1.2M 172k 6.94