Bienville Capital Management 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
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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
3M CO	COM	88579Y101	344	1,633	SH		SOLE		1,633	0	0
ABBVIE INC	COM	00287Y109	550	5,820	SH		SOLE		5,820	0	0
ADECOAGRO S A	COM	L00849106	510	69,367	SH		SOLE		69,367	0	0
ADOBE SYS INC	COM	00724F101	336	1,244	SH		SOLE		1,244	0	0
AFLAC INC	COM	001055102	437	9,282	SH		SOLE		9,282	0	0
ALBEMARLE CORP	COM	012653101	268	2,672	SH		SOLE		2,672	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	278	2,000	SH		SOLE		2,000	0	0
ALLERGAN PLC	SHS	G0177J108	219	1,148	SH		SOLE		1,148	0	0
ALPHABET INC	CAP STK CL C	02079K107	543	455	SH		SOLE		455	0	0
ALTRIA GROUP INC	COM	02209S103	470	7,696	SH		SOLE		7,696	0	0
APPLE INC	COM	037833100	3,786	16,772	SH		SOLE		16,772	0	0
AT&T INC	COM	00206R102	1,139	33,911	SH		SOLE		33,911	0	0
BANCO MACRO SA	SPON ADR B	05961W105	7,517	181,713	SH		SOLE		181,713	0	0
BAXTER INTL INC	COM	071813109	353	4,565	SH		SOLE		4,565	0	0
BBVA BANCO FRANCES S A	SPONSORED ADR	07329M100	177	15,150	SH		SOLE		15,150	0	0
BLACKROCK 2022 GBL INCM OPP	COM	09258P104	224	25,000	SH		SOLE		25,000	0	0
BROADCOM INC	COM	11135F101	336	1,362	SH		SOLE		1,362	0	0
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	401	9,000	SH		SOLE		9,000	0	0
CAMECO CORP	COM	13321L108	20,694	1,815,300	SH	Call	SOLE		1,815,300	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	90,606	2,686,200	SH	Call	SOLE		2,686,200	0	0
CAMECO CORP	COM	13321L108	264	23,130	SH		SOLE		23,130	0	0
CATERPILLAR INC DEL	COM	149123101	305	2,000	SH		SOLE		2,000	0	0
CENTRUS ENERGY CORP	CL A	15643U104	126	46,755	SH		SOLE		46,755	0	0
CHEVRON CORP NEW	COM	166764100	777	6,358	SH		SOLE		6,358	0	0
CHINA MOBILE LIMITED	SPONSORED ADR	16941M109	600	11,986	SH		SOLE		11,986	0	0
CISCO SYS INC	COM	17275R102	206	4,226	SH		SOLE		4,226	0	0
COCA COLA CO	COM	191216100	492	10,556	SH		SOLE		10,556	0	0
CORPORACION AMER ARPTS S A	COM	L1995B107	4,369	511,537	SH		SOLE		511,537	0	0
DANAHER CORP DEL	COM	235851102	321	2,950	SH		SOLE		2,950	0	0
DENISON MINES CORP	COM	248356107	682	1,025,176	SH		SOLE		1,025,176	0	0
DISNEY WALT CO	COM DISNEY	254687106	862	7,368	SH		SOLE		7,368	0	0
ECO STIM ENERGY SOLUTIONS IN	COM	27888D101	1,803	6,417,421	SH		SOLE		6,417,421	0	0
EMERSON ELEC CO	COM	291011104	679	8,861	SH		SOLE		8,861	0	0
ETFS PLATINUM TR	SH BEN INT	26922V101	387	5,000	SH		SOLE		5,000	0	0
EXTREME NETWORKS INC	COM	30226D106	55	10,000	SH		SOLE		10,000	0	0
FEDEX CORP	COM	31428X106	259	1,073	SH		SOLE		1,073	0	0
GENERAL ELECTRIC CO	COM	369604103	6,232	552,000	SH	Call	SOLE		552,000	0	0
GENERAL ELECTRIC CO	COM	369604103	316	27,700	SH		SOLE		27,700	0	0
GRUPO FINANCIERO GALICIA S A	SP ADR 10 SH B	399909100	3,044	119,700	SH	Call	SOLE		119,700	0	0
GILEAD SCIENCES INC	COM	375558103	608	7,881	SH		SOLE		7,881	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	217	5,341	SH		SOLE		5,341	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	68,953	611,500	SH	Call	SOLE		611,500	0	0
GLOBAL X FDS	GLOBAL X URANIUM	37954Y871	195	14,668	SH		SOLE		14,668	0	0
GLOBAL X FDS	MSCI GREECE ETF	37950E366	17,634	2,127,083	SH		SOLE		2,127,083	0	0
GLOBALSTAR INC	COM	378973408	21	41,247	SH		SOLE		41,247	0	0
GRUPO FINANCIERO GALICIA S A	SP ADR 10 SH B	399909100	6,142	241,535	SH		SOLE		241,535	0	0
GRUPO SUPERVIELLE S A	SPONSORED ADR	40054A108	9,366	1,221,182	SH		SOLE		1,221,182	0	0
HANNON ARMSTRONG SUST INFR C	COM	41068X100	215	10,000	SH		SOLE		10,000	0	0
HERSHEY CO	COM	427866108	338	3,316	SH		SOLE		3,316	0	0
HOME DEPOT INC	COM	437076102	616	2,972	SH		SOLE		2,972	0	0
HONEYWELL INTL INC	COM	438516106	207	1,241	SH		SOLE		1,241	0	0
ILLINOIS TOOL WKS INC	COM	452308109	226	1,589	SH		SOLE		1,589	0	0
INGERSOLL-RAND PLC	SHS	G47791101	314	3,072	SH		SOLE		3,072	0	0
INTEL CORP	COM	458140100	437	9,242	SH		SOLE		9,242	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	529	3,500	SH		SOLE		3,500	0	0
INTREPID POTASH INC	COM	46121Y102	3,449	960,728	SH		SOLE		960,728	0	0
INVESCO DB COMMDY INDX TRCK	UNIT	46138B103	11,821	657,816	SH		SOLE		657,816	0	0
INVESCO EXCHANGE TRADED FD T	INTL DIVI ACHI	46137V548	349	22,160	SH		SOLE		22,160	0	0
ISHARES TR	CORE MSCI EAFE	46432F842	316	4,936	SH		SOLE		4,936	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	23	694	SH		SOLE		694	0	0
ISHARES TR	MSCI SAUDI ARBIA	46434V423	1,710	57,303	SH		SOLE		57,303	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	168,550	1,000,000	SH	Put	SOLE		1,000,000	0	0
JOHNSON & JOHNSON	COM	478160104	683	4,940	SH		SOLE		4,940	0	0
JOHNSON CTLS INTL PLC	SHS	G51502105	218	6,175	SH		SOLE		6,175	0	0
JPMORGAN CHASE & CO	COM	46625H100	541	4,792	SH		SOLE		4,792	0	0
LOMA NEGRA CORP	SPONSORED ADS	54150E104	1,944	219,855	SH		SOLE		219,855	0	0
LOCKHEED MARTIN CORP	COM	539830109	367	1,061	SH		SOLE		1,061	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	230	3,400	SH		SOLE		3,400	0	0
MCDONALDS CORP	COM	580135101	400	2,394	SH		SOLE		2,394	0	0
MICROSOFT CORP	COM	594918104	595	5,206	SH		SOLE		5,206	0	0
MID AMER APT CMNTYS INC	COM	59522J103	1,180	11,778	SH		SOLE		11,778	0	0
MUELLER WTR PRODS INC	COM SER A	624758108	230	20,000	SH		SOLE		20,000	0	0
NEXGEN ENERGY LTD	COM	65340P106	3,393	1,654,910	SH		SOLE		1,654,910	0	0
NORFOLK SOUTHERN CORP	COM	655844108	1,036	5,737	SH		SOLE		5,737	0	0
NUCOR CORP	COM	670346105	345	5,410	SH		SOLE		5,410	0	0
NUTRIEN LTD	COM	67077M108	369	6,343	SH		SOLE		6,343	0	0
NUVEEN CONNECTICUT QLTY MUN	COM	67060D107	137	12,000	SH		SOLE		12,000	0	0
NUVEEN HIGH INCOME DECMBR 20	COM	67076E107	396	40,000	SH		SOLE		40,000	0	0
NUVEEN HIGH INCOME NOVEMBER	COM	67077N106	153	16,000	SH		SOLE		16,000	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	15,192	489,276	SH		SOLE		489,276	0	0
PATTERN ENERGY GROUP INC	CL A	70338P100	487	24,000	SH		SOLE		24,000	0	0
PEPSICO INC	COM	713448108	219	1,962	SH		SOLE		1,962	0	0
PHILIP MORRIS INTL INC	COM	718172109	268	3,245	SH		SOLE		3,245	0	0
PROCTER AND GAMBLE CO	COM	742718109	516	6,205	SH		SOLE		6,205	0	0
PROSHARES TR	PSHS LC COR PLUS	74347R248	420	5,800	SH		SOLE		5,800	0	0
QUALCOMM INC	COM	747525103	207	2,874	SH		SOLE		2,874	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	216	2,000	SH		SOLE		2,000	0	0
RAYTHEON CO	COM NEW	755111507	447	2,165	SH		SOLE		2,165	0	0
REGIONS FINL CORP NEW	COM	7591EP100	379	20,500	SH		SOLE		20,500	0	0
SHIFTPIXY INC	COM	82452L104	58	15,023	SH		SOLE		15,023	0	0
SHIRE PLC	SPONSORED ADR	82481R106	444	2,449	SH		SOLE		2,449	0	0
ISHARES SILVER TRUST	ISHARES	46428Q109	28,009	2,040,000	SH	Call	SOLE		2,040,000	0	0
SOUTHERN CO	COM	842587107	308	7,055	SH		SOLE		7,055	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	20	178	SH		SOLE		178	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	691	2,367	SH		SOLE		2,367	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	290,720	1,000,000	SH	Call	SOLE		1,000,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	436,080	1,500,000	SH	Put	SOLE		1,500,000	0	0
TABLEAU SOFTWARE INC	CL A	87336U105	212	1,899	SH		SOLE		1,899	0	0
TESLA INC	COM	88160R101	215	813	SH		SOLE		813	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	226	926	SH		SOLE		926	0	0
TORCHMARK CORP	COM	891027104	4,045	46,663	SH		SOLE		46,663	0	0
TRANSPORTADORA DE GAS SUR	SPON ADR B	893870204	9,599	661,104	SH		SOLE		661,104	0	0
UNITED STATES OIL FUND LP	UNITS	91232N108	10,509	677,138	SH		SOLE		677,138	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	1,080	4,061	SH		SOLE		4,061	0	0
UR ENERGY INC	COM	91688R108	1,277	1,596,603	SH		SOLE		1,596,603	0	0
URANIUM ENERGY CORP	COM	916896103	1,321	768,154	SH		SOLE		768,154	0	0
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	4,825	260,509	SH		SOLE		260,509	0	0
VANECK VECTORS ETF TR	AGRIBUSINESS ETF	92189F700	296	4,500	SH		SOLE		4,500	0	0
VANGUARD GROUP	DIV APP ETF	921908844	451	4,057	SH		SOLE		4,057	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	983	18,793	SH		SOLE		18,793	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	351	2,130	SH		SOLE		2,130	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	216	1,325	SH		SOLE		1,325	0	0
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	216	1,900	SH		SOLE		1,900	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	823	15,408	SH		SOLE		15,408	0	0
VULCAN MATLS CO	COM	929160109	222	2,000	SH		SOLE		2,000	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	311	4,263	SH		SOLE		4,263	0	0
WASTE MGMT INC DEL	COM	94106L109	497	5,500	SH		SOLE		5,500	0	0
WEATHERFORD INTL PLC	ORD SHS	G48833100	353	130,382	SH		SOLE		130,382	0	0
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	15,599	269,187	SH		SOLE		269,187	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	3,090	200,000	SH	Call	SOLE		200,000	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	6,088	394,053	SH		SOLE		394,053	0	0