Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2013
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: GFS Advisors, LLC
Address: 1330 Post Oak Blvd., Suite 2100
Houston, TX 77056
13F File Number:
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Keith Roberts
Title: Chief Compliance Officer
Phone: 713-968-0449
Signature, Place, and Date of Signing:
/s/ Keith Roberts, Houston, TX, May 14, 2013
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form13F Information Table Entry Total: 90
Form13F Information Table Value Total: $162403 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
Institutional managers with respect to which this report is filed, other
than the manager filing this report.
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ALCOA INC. COM 013817101 153 17900 SH Sole 17900
AMERICAN EXPRESS COM 025816109 2918 43250 SH Sole 43250
APPLE COM 037833100 4181 9445 SH Sole 9445
AT & T COM 00206R102 1739 47400 SH Sole 47400
BANK OF AMERICA COM 060505104 8407 690266 SH Sole 690266
BERKSHIRE HATHAWAY 'B' COM 084670702 4705 45150 SH Sole 45150
CATERPILLAR COM 149123101 1742 20025 SH Sole 20025
CITIGROUP INC. (USD) COM 172967424 276 6250 SH Sole 6250
CRANE CO COM 224399105 961 17200 SH Sole 17200
DU PONT E I DE NEMOURS COM 263534109 1013 20600 SH Sole 20600
EXXON MOBIL CORPORATION COM 30231g102 653 7250 SH Sole 7250
FREEPORT MCMORAN COPPER COM 35671D857 639 19300 SH Sole 19300
GENERAL ELECTRIC COM 369604103 8476 366600 SH Sole 366600
GOOGLE 'A' COM 38259P508 635 800 SH Sole 800
HEWLETT-PACKARD COM 428236103 1761 73870 SH Sole 73870
INTEL COM 458140100 879 40250 SH Sole 40250
JOHNSON & JOHNSON COM 478160104 4219 51750 SH Sole 51750
JP MORGAN COM 46625H100 693 14600 SH Sole 14600
MANPOWER INC COM 56418H100 1160 20450 SH Sole 20450
MC DONALDS CORP CMN COM 580135101 2727 27350 SH Sole 27350
MERCK & CO COM 58933Y105 3229 73050 SH Sole 73050
MICROSOFT COM 594918104 3597 125736 SH Sole 125736
NEW YORK TIMES COM 650111107 123 12600 SH Sole 12600
OFFICE DEPOT COM 676220106 43 11000 SH Sole 11000
PEABODY ENERGY COM 704549104 275 13000 SH Sole 13000
PEPSICO COM 713448108 2403 30375 SH Sole 30375
PFIZER COM 717081103 469 16250 SH Sole 16250
PROCTER & GAMBLE CO COM 742718109 3289 42682 SH Sole 42682
WAL MART STORES INC CMN COM 931142103 1826 24400 SH Sole 24400
WALGREEN COM 931422109 7004 146900 SH Sole 146900
WASTE MGT COM 94106l109 249 6350 SH Sole 6350
CONSUMER DISCRE FUND COM 81369Y407 1611 30400 SH Sole 30400
ISHARES RUSSELL 1000 GR IN COM 464287614 292 4093 SH Sole 4093
ISHARES RUSSELL 1000 VAL IN COM 464287598 2239 27581 SH Sole 27581
ISHARES RUSSELL 2000 INDEX COM 464287655 631 6686 SH Sole 6686
ISHARES S&P 100 INDEX COM 464287101 1113 15800 SH Sole 15800
ISHARES S&P MIDCAP 400 IN COM 464287507 1336 11606 SH Sole 11606
ISHARES S&P SMALLCAP 600 VAL COM 464287879 1090 12121 SH Sole 12121
QQQQ INDEX COM 73935A104 1180 17104 SH Sole 17104
SELECT SECTOR SPDR COM 81369Y605 1064 58460 SH Sole 58460
SPDR DOW JONES INDEX COM 78467X109 2567 17663 SH Sole 17663
SPDR S&P 500 INDEX COM 78462F103 5439 34715 SH Sole 34715
SPDR S&P MIDCAP 400 ETF COM 78467Y107 666 3175 SH Sole 3175
ULTRA S&P500 PROSHARES COM 74347R107 2744 37600 SH Sole 37600
VANGUARD LARGE CAP COM 922908637 1112 15500 SH Sole 15500
VANGUARD OVERALL US MKT COM 922908769 3110 38409 SH Sole 38409
VANGUARD S&P COMPLETION COM 922908652 1153 16888 SH Sole 16888
VANGUARD US PRIME MKT GR COM 922908736 2228 28739 SH Sole 28739
ISHARES S&P NA NAT RES M.F. 464287374 791 19506 SH Sole 19506
VANGUARD U.S. REIT M.F. 922908553 615 8724 SH Sole 8724
DB COMMODITY INDX COM 73935S105 1180 43211 SH Sole 43211
SPDR GOLD TRUST ETF COM 78463V107 1605 10390 SH Sole 10390
US NATURAL GAS FD COM 912318110 253 11558 SH Sole 11558
BGF GLOBAL ALLOC A2 COM l1049h415 874 19281 SH Sole 19281
ISHARES MSCI EAFE SMALLCAP COM 464288273 847 19270 SH Sole 19270
ISHARES MSCI EAFE VALUE COM 464288877 954 19189 SH Sole 19189
ISHARES TRUST-MSCI EAFE INDEX COM 464287465 1784 30244 SH Sole 30244
SPDR INTL SMALL CAP ETF COM 78463X871 386 12600 SH Sole 12600
VANGUARD ALL WORLD INDX COM 922042775 1628 35124 SH Sole 35124
VANGUARD MSCI PACIFIC COM 922042866 1105 19049 SH Sole 19049
VANGUARD SMALLCAP VALUE COM 922908611 1061 12914 SH Sole 12914
ISHARES MSCI EMERGING MKTS COM 464287234 1753 40989 SH Sole 40989
VANGUARD FTSE EM COM 922042858 2498 58239 SH Sole 58239
TECK COMINCO ADR ADR 878742204 491 17450 SH Sole 17450
POTASH CORP OF SASKATCHEWAN COM 73755l107 285 7250 SH Sole 7250
BANCO BILBAO VIZCAYA ADR ADR 05946K101 255 29068 SH Sole 29068
BANCO SANTANDER ADR ADR 05964H105 1845 270960 SH Sole 270960
ROYAL DUTCH SHELL 'B' ADR ADR 780259107 538 8050 SH Sole 8050
TELEFONICA SA ADR ADR 879382208 4902 362849 SH Sole 362849
VODAFONE GROUP ADR ADR 92857w209 2101 73950 SH Sole 73950
BGF EMRG EUROPE A2 COM l1049f658 309 2592 SH Sole 2592
ISHARES S&P EUROPE 350 IDX COM 464287861 349 8784 SH Sole 8784
ISHARES-MSCI GERMANY IDX COM 464286806 3188 130300 SH Sole 130300
SPDR STOXX EUROPE 50 ETF -SBI- COM 78463X103 1557 46000 SH Sole 46000
AMERICA MOVIL ADR ADR 02364w105 2462 117450 SH Sole 117450
CEMEX ADR ADR 151290889 8834 723469 SH Sole 723469
ISHARES INC MSCI MEXICO COM 464286822 1604 21500 SH Sole 21500
COMPANIA SIDERURGICA ADR ADR 20440W105 652 145500 SH Sole 145500
CVRD ADR ADR 91912E105 1434 82950 SH Sole 82950
GERDAU SA ADR ADR 373737105 1372 177900 SH Sole 177900
PETROLEO BRASILEIRO ADR ADR 71654v408 2424 146300 SH Sole 146300
ISHARES-MSCI BRASIL INDEX COM 464286400 580 10650 SH Sole 10650
CHINA MOBILE ADR ADR 16941m109 2210 41600 SH Sole 41600
HONDA MOTOR ADR ADR 438128308 448 11700 SH Sole 11700
SONY CORP-SPONSORED ADR ADR 835699307 960 55150 SH Sole 55150
TEVA PHARMACEUTICAL ADR ADR 881624209 270 6800 SH Sole 6800
TOYOTA MOTOR ADR ADR 892331307 3474 33850 SH Sole 33850
INDIA FUND ADR COM 454089103 210 9901 SH Sole 9901
ISHARES HK CHINA 25 INDEX COM 464287184 374 10130 SH Sole 10130
ISHARES PACIFIC EX-JAPAN IDX COM 464286665 1923 38700 SH Sole 38700