SPX Equities Gestao de Recursos Ltda 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
NATURA &CO HOLDING-ADR	ADS	63884N108	1,679,745	92,243	SH		SOLE		92,243	0	0
TOTAL SE	SPONSORED ADS	89151E109	7,068,887	206,090	SH		SOLE		206,090	0	0
AON PLC	SHS CL A	G0403H108	12,295,480	59,600	SH		SOLE		59,600	0	0
BOOKING HOLDINGS INC	COM	09857L108	13,439,102	7,856	SH		SOLE		7,856	0	0
BP PLC	SPONSORED ADR	055622104	12,853,196	736,151	SH		SOLE		736,151	0	0
ULTRAPAR PARTICIPACOES	SP ADR REP COM	90400P101	4,262,671	1,246,395	SH		SOLE		1,246,395	0	0
ALPHABET INC CLASS A COMMON STOCK	CAP STK CL C	02079K305	24,736,397	16,878	SH		SOLE		16,878	0	0
TELEFONICA BRASIL SA SAO PAUL ADR	SPONSORED ADR	87936R106	170,381	22,214	SH		SOLE		22,214	0	0
PAGSEGURO DIGITAL LTD-CL A	COM CL A	G68707101	0	0	SH		SOLE		0	0	0
BEST BUY CO INC	COM	086516101	26,605,210	239,062	SH		SOLE		239,062	0	0
CALL- EEM 100 @ 48 EXP 10/16/2020	CALL	99VQVN0F4	45,570	21,000	SH	Call	SOLE		21,000	0	0
SONY CORP	SPONSORED ADR	835699307	38,509,620	501,754	SH		SOLE		501,754	0	0
CALL- EBAY 100 @ 55 EXP 02/19/2021	CALL	99O5RH298	1,155,000	3,000	SH	Call	SOLE		3,000	0	0
TRANSDIGM GROUP INC	COM	893641100	3,554,373	7,481	SH		SOLE		7,481	0	0
STERICYCLE INC	COM	858912108	15,503,679	245,856	SH		SOLE		245,856	0	0
EBAY INC	COM	278642103	18,662,064	358,197	SH		SOLE		358,197	0	0
DARDEN REST	COM	237194105	12,021,606	119,333	SH		SOLE		119,333	0	0
CENTRAIS ELETRICAS BR-SP ADR	SPONSORED ADR	15234Q207	929,055	168,307	SH		SOLE		168,307	0	0
BALL CORP	COM	058498106	9,546,914	114,857	SH		SOLE		114,857	0	0
EQUINOR ASA	SPONSORED ADR	29446M102	8,153,886	579,935	SH		SOLE		579,935	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	5,558,500	16,437	SH		SOLE		16,437	0	0
ROSS STORES	COM	778296103	7,454,215	79,878	SH		SOLE		79,878	0	0
LPL FINANCIAL HOLDINGS INC	COM	50212V100	13,810,490	180,129	SH		SOLE		180,129	0	0
FACEBOOK INC	CL A	30303M102	25,273,350	96,500	SH		SOLE		96,500	0	0
CALL- CCI 100 @ 150 EXP 10/16/2020	CALL	99O4813C9	1,371,376	800	SH	Call	SOLE		800	0	0
CROWN CASTLE INTERNATIONAL CORP	COM	22822V101	31,092,543	186,742	SH		SOLE		186,742	0	0
CALL- XLY 100 @ 152 EXP 10/16/2020	CALL	99O6NJ825	187,137	2,750	SH	Call	SOLE		2,750	0	0
COCA COLA CO	COM	191216100	27,114,942	549,219	SH		SOLE		549,219	0	0
WALT DISNEY CO	COM DISNEY	254687106	904,667	7,291	SH		SOLE		7,291	0	0
CALL- CCI 100 @ 165 EXP 01/15/2021	CALL	99O13J9N1	1,171,860	1,000	SH	Call	SOLE		1,000	0	0
TJX CO INC	COM	872540109	5,786,209	103,975	SH		SOLE		103,975	0	0
MERCADOLIBRE INC	COM	58733R102	5,363,688	4,955	SH		SOLE		4,955	0	0
CONSUMER DISCRET SPDR	SBI CONS DISCR	81369Y407	44,899,303	305,479	SH		SOLE		305,479	0	0
PUT - WORK 100 @ 24 EXP 03/19/2021	PUT	99O66RQS9	809,400	3,000	SH	Put	SOLE		3,000	0	0
PUT - T 100 @ 31 EXP 12/18/2020	PUT	99O4PZXF5	661,500	2,000	SH	Put	SOLE		2,000	0	0
LAS VEGAS SANDS	COM	517834107	9,797,014	209,966	SH		SOLE		209,966	0	0
STARBUCKS CORP	COM	855244109	4,260,171	49,583	SH		SOLE		49,583	0	0
CALL- BABA 100 @ 285EXP 10/16/2020	CALL	99O47XH84	2,875,700	2,000	SH	Call	SOLE		2,000	0	0
PUT - XRT 100 @ 49 EXP 11/20/2020	PUT	99O6ZTFK2	478,000	2,000	SH	Put	SOLE		2,000	0	0
CALL- TMUS 100 @ 115EXP 11/20/2020	CALL	99VPT8682	1,134,400	2,000	SH	Call	SOLE		2,000	0	0
PUT - XRT 100 @ 30 EXP 11/20/2020	PUT	99O708F24	91,000	4,000	SH	Put	SOLE		4,000	0	0
EQUINIX INC	COM	29444U700	10,350,690	13,617	SH		SOLE		13,617	0	0
CALL- ATUS 100 @ 27 EXP 11/20/2020	CALL	99VSTZGS1	550,000	5,000	SH	Call	SOLE		5,000	0	0
CALL- TMUS 100 @ 115EXP 10/16/2020	CALL	99O6N3VT5	365,370	1,500	SH	Call	SOLE		1,500	0	0
PUT - XRT 100 @ 50 EXP 10/16/2020	PUT	99O6NJQN9	466,890	3,000	SH	Put	SOLE		3,000	0	0
T-MOBILE US INC COM STK	COM	872590104	49,827,224	435,705	SH		SOLE		435,705	0	0
HPX CORP	UNIT 99/99/9999	G32219118	20,400,000	2,000,000	SH		SOLE		2,000,000	0	0
COMPNHIA ENRG C	SPONSORED ADR	204409882	2,171	1,125	SH		SOLE		1,125	0	0
CALL- SERV 100 @ 40 EXP 11/20/2020	CALL	99VPSRRN5	401,235	1,500	SH	Call	SOLE		1,500	0	0
PUT - XRT 100 @ 30 EXP 10/16/2020	PUT	99VSD7L96	60	6,000	SH	Put	SOLE		6,000	0	0
ALTICE USA INC. - A	COM CL A	02156K103	32,319,404	1,243,054	SH		SOLE		1,243,054	0	0
PETROLEO BRASILEIRO ADR	COM CL A	71654V408	618,059	86,806	SH		SOLE		86,806	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	581,814	82,644	SH		SOLE		82,644	0	0
SERMASTER GLB HL	COM	81761R109	3,664,733	91,894	SH		SOLE		91,894	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	5,006,754	82,907	SH		SOLE		82,907	0	0
ROYAL DUTCH SHELL B ADR	SPON ADR B	780259107	11,524,482	475,825	SH		SOLE		475,825	0	0
US FOODS HLDNG	COM	912008109	10,665,600	480,000	SH		SOLE		480,000	0	0
LINX SA - ADR	SPONSORED ADR	53619W101	105	17	SH		SOLE		17	0	0
COMCAST CORP CLASS A	CL A	20030N101	22,811,500	493,115	SH		SOLE		493,115	0	0
CALL- XHB 100 @ 53 EXP 10/16/2020	CALL	99O6NHHD5	1,310,320	8,000	SH	Call	SOLE		8,000	0	0
CALL- GDX 100 @ 40 EXP 12/18/2020	CALL	99O4ZGP57	3,393,750	12,500	SH	Call	SOLE		12,500	0	0
SPDR S&P HOMEBUILDERS	S&P HOMEBUILD	78464A888	13,771,782	255,601	SH		SOLE		255,601	0	0
CALL- QQQ 100 @ 280 EXP 01/15/2021	CALL	99O3PV4L5	21,438,000	12,000	SH	Call	SOLE		12,000	0	0
BANCO BRADESCO	SP ADR PFD NEW	059460303	4,311,016	1,256,856	SH		SOLE		1,256,856	0	0
VANECK VECTORS GOLD MINERS ETF	GOLD MINERS ETF	92189F106	24,514,160	626,000	SH		SOLE		626,000	0	0
PUT - OLLI 100 @ 70 EXP 10/16/2020	PUT	99VNG5XG9	4,212	300	SH	Put	SOLE		300	0	0
MCDONALDS CORP	COM	580135101	6,757,658	30,788	SH		SOLE		30,788	0	0
ITAU UNIBANCO HOLDING SA	SPON ADR REP PFD	465562106	3,739,970	939,691	SH		SOLE		939,691	0	0
COMPANHIA BRASILEIRA DE DISTRIBUIACAO SA	SPONSORED ADR	20440T300	9,370,996	759,400	SH		SOLE		759,400	0	0
LOWES COMPANIES	COM	548661107	21,429,112	129,200	SH		SOLE		129,200	0	0
MORGAN STANLEY	COM NEW	617446448	14,553,350	301,000	SH		SOLE		301,000	0	0
PUT - ETSY 100 @ 130EXP 12/18/2020	PUT	99O5WNVD8	2,953,650	1,500	SH	Put	SOLE		1,500	0	0
BHP BILLITON LTD -SPON ADR	SPONSORED ADS	088606108	2,385,537	46,133	SH		SOLE		46,133	0	0
XP INC - CLASS A	CL A	G98239109	19,446,926	466,465	SH		SOLE		466,465	0	0
ENEL CHILE S.A.	SPONSORED ADR	29278D105	483,145	140,449	SH		SOLE		140,449	0	0
CHINA MOBILE LIMITED	SPONSORED ADR	16941M109	6,660,047	207,091	SH		SOLE		207,091	0	0
PUT - IWM 100 @ 140 EXP 12/18/2020	PUT	99O36XKC4	7,122,840	12,000	SH	Put	SOLE		12,000	0	0
CALL- IWM 100 @ 155 EXP 10/02/2020	CALL	99O6HFX97	55,250	6,500	SH	Call	SOLE		6,500	0	0
ETSY INC	COM	29786A106	24,234,534	199,248	SH		SOLE		199,248	0	0
CALL- ETSY 100 @ 120EXP 03/19/2021	CALL	99O64J0N8	2,118,990	1,000	SH	Call	SOLE		1,000	0	0
SYSCO CORP	COM	871829107	4,313,526	69,327	SH		SOLE		69,327	0	0
PUT - IWM 100 @ 150 EXP 11/20/2020	PUT	99O4QVR52	4,756,500	6,000	SH	Put	SOLE		6,000	0	0
PUT - IWM 100 @ 143 EXP 10/02/2020	PUT	99O6JCBK1	213,500	7,000	SH	Put	SOLE		7,000	0	0
PUT - IWM 100 @ 120 EXP 11/20/2020	PUT	99VPT1RR2	256,500	3,000	SH	Put	SOLE		3,000	0	0
VISA INC-CLASS A SHARES	COM CL A	92826C839	5,253,612	26,272	SH		SOLE		26,272	0	0
PUT - IWM 100 @ 145 EXP 11/20/2020	PUT	99O4PJND7	1,762,020	3,000	SH	Put	SOLE		3,000	0	0
PUT - ROKU 100 @ 150EXP 04/16/2021	PUT	99O6MNPF9	1,509,246	900	SH	Put	SOLE		900	0	0
PUT - IWM 100 @ 140 EXP 11/20/2020	PUT	99VPXYPL0	1,272,420	3,000	SH	Put	SOLE		3,000	0	0
PUT - ROKU 100 @ 110EXP 01/15/2021	PUT	99OZRQYM8	265,200	1,200	SH	Put	SOLE		1,200	0	0
CENTRAIS ELEC BRAS-ADR PREF	SPONSORED ADR	15234Q108	47,518	8,687	SH		SOLE		8,687	0	0
BLOOMIN' BRANDS INC	COM	094235108	2,327,148	152,400	SH		SOLE		152,400	0	0
PUT - ROKU 100 @ 145EXP 01/15/2021	PUT	99O1V7005	3,644,250	4,300	SH	Put	SOLE		4,300	0	0
PUT - IWM 100 @ 137 EXP 10/02/2020	PUT	99O6WWJ65	38,500	7,000	SH	Put	SOLE		7,000	0	0
INTL FLAV & FRAG	COM	459506101	17,983,007	146,860	SH		SOLE		146,860	0	0
COSAN LTD -CL A	SHS A	G25343107	2,776,104	186,943	SH		SOLE		186,943	0	0
D.R. HORTON INC	COM	23331A109	4,605,791	60,899	SH		SOLE		60,899	0	0
LIV CAPITAL ACQUISITION CORP	SPONSORED ADR	G5510C124	3,030,000	300,000	SH		SOLE		300,000	0	0
TIM PARTICIPACOES SA	COM	88706P205	7,388,851	640,837	SH		SOLE		640,837	0	0
CALL- Z 100 @ 105 EXP 02/19/2021	CALL	99O6GCCF4	1,406,360	1,000	SH	Call	SOLE		1,000	0	0
CALL- Z 100 @ 110 EXP 02/19/2021	CALL	99VS6FSH1	1,196,200	1,000	SH	Call	SOLE		1,000	0	0
CALL- Z 100 @ 80 EXP 01/15/2021	CALL	99O47JZR3	5,288,580	2,000	SH	Call	SOLE		2,000	0	0
CALL- Z 100 @ 60 EXP 11/20/2020	CALL	99O4S75F5	12,660,600	3,000	SH	Call	SOLE		3,000	0	0
ZILLOW GROUP INC - C	CL C CAP STK	98954M200	12,969,995	127,670	SH		SOLE		127,670	0	0
SHAKE SHACK IN-A	CL A	819047101	2,385,760	37,000	SH		SOLE		37,000	0	0
SABESP	SPONSORED ADR	20441A102	3,889,563	468,622	SH		SOLE		468,622	0	0
PUT - SPY 100 @ 330 EXP 10/16/2020	PUT	99VL3TFM2	3,051,000	6,000	SH	Put	SOLE		6,000	0	0
PUT - SPY 100 @ 334 EXP 09/30/2020	PUT	99O3BHCD0	0	0	SH	Put	SOLE		0	0	0
PUT - SPY 100 @ 330 EXP 11/20/2020	PUT	99VL3TZC2	4,555,120	3,880	SH	Put	SOLE		3,880	0	0
PUT - SPY 100 @ 330 EXP 11/06/2020	PUT	99O726LY9	3,755,840	3,880	SH	Put	SOLE		3,880	0	0
MICRON TECHNOLOGY INC	COM	595112103	14,156,843	301,466	SH		SOLE		301,466	0	0
ISHARES MSCI BRAZIL ETF	MSCI BRAZIL ETF	464286400	6,298,320	227,705	SH		SOLE		227,705	0	0
COMPANHIA SIDERURGICA NACIONAL	SPONSORED ADS	20440W105	0	0	SH		SOLE		0	0	0
COMPNHIA ENRG	SP ADR N-V PFD	204409601	0	0	SH		SOLE		0	0	0
SUZANO SA	SPON ADS	86959K105	6,536	800	SH		SOLE		800	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	1,718,265	28,500	SH		SOLE		28,500	0	0
EVERGY INC	COM	30034W106	5,945,940	117,000	SH		SOLE		117,000	0	0
LYONDELLBASELL INDUSTRIES NV-CL A	SHS - A -	N53745100	317,205	4,500	SH		SOLE		4,500	0	0
CENTENE CORP	COM	15135B101	1,606,992	27,550	SH		SOLE		27,550	0	0
AMERICAN ELECTRIC POWER COMPANY	COM	025537101	1,552,870	19,000	SH		SOLE		19,000	0	0
ANTHEM INC	COM	036752103	1,582,532	5,892	SH		SOLE		5,892	0	0
EXELON CORP	COM	30161N101	4,602,312	128,700	SH		SOLE		128,700	0	0
HUMANA INC.	COM	444859102	1,600,513	3,867	SH		SOLE		3,867	0	0