GFS Advisors, LLC

Q1 2014 13F Holdings Report, Stock Holdings

Signature - Title
Ketih Roberts - Chief Compliance Officer
Location
Houston
Holdings as of
31 Mar 2014
Value $
$244,038,000
Num holdings
102
Filing time
16 May 2014, 14:36:14 UTC
Form type
13F-HR
Description
All US holdings of this investor are reported in this report. Top holdings included CX, BAC, GEXXXX, AAPL, and DIA.
Previous filing
Q4 2013 - 05 Feb 2014
Next filing
Q2 2014 - 15 Aug 2014
Sym Weight Trade Impact Company Class Share Change Activity Value Change $ Value $ * Price $ Shares Principal
Filing 2014 Q1 compared to 2013 Q4 by default. Changes are calculated vs the previous SEC filing.
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name Title City, State Date
Ketih Roberts Chief Compliance Officer Houston, Texas 12 May 2014