| Date | Stock | Action | From | To |
|---|---|---|---|---|
| May 27, 2026 |
Grupo Aeroportuario del Centro Norte S.A.B de C.V. - ADR
OMAB
|
Upgrade | Neutral | Outperform |
| May 21, 2026 |
Petroleo Brasileiro S.A. Petrobras - ADR
PBR
|
Upgrade | Neutral | Outperform |
| May 12, 2026 |
Banco Santander S.A. - ADR
SAN
|
Hold | Outperform | Outperform |
| May 11, 2026 |
Equinor ASA - ADR
EQNR
|
Upgrade | Neutral | Outperform |
| May 05, 2026 |
Banco Santander S.A. - ADR
SAN
|
Hold | Buy | Buy |
| Apr 30, 2026 |
Banco Santander S.A. - ADR
SAN
|
Hold | Overweight | Overweight |
| Apr 29, 2026 |
Henkel AG & Co. KGAA - ADR
HENKY
|
Upgrade | Neutral | Outperform |
| Apr 24, 2026 |
Sap SE - ADR
SAP
|
Upgrade | Neutral | Outperform |
| Apr 21, 2026 |
ArcelorMittal - New York Shares - Level III
MT
|
Downgrade | Outperform | Neutral |
| Apr 20, 2026 |
Arcos Dorados Holdings Inc - Ordinary Shares - Class A
ARCO
|
Upgrade | Outperform | |
| Apr 20, 2026 |
Banco Santander Chile SA - ADR
BSAC
|
Downgrade | Sell | Neutral |
| Apr 20, 2026 |
Wal-mart de Mexico S A B de C V - ADR
WMMVY
|
Downgrade | Neutral | |
| Mar 27, 2026 |
Telefonaktiebolaget L M Ericsson - ADR
ERIC
|
Downgrade | Neutral | |
| Mar 27, 2026 |
Nokia Corp - ADR
NOK
|
Downgrade | Outperform | Underperform |
| Mar 03, 2026 |
Webster Financial Corp.
WBS
|
Downgrade | Neutral | Underweight |
| Feb 23, 2026 |
Banco Santander S.A. - ADR
SAN
|
Upgrade | Buy | Outperform |
| Feb 23, 2026 |
Banco Santander S.A. - ADR
SAN
|
Hold | Buy | Buy |
| Feb 23, 2026 |
SM Energy Co
SM
|
Upgrade | Overweight | Outperform |
| Feb 18, 2026 |
Basf SE - ADR
BASFY
|
Downgrade | Neutral | |
| Feb 17, 2026 |
Henkel AG & Co. KGAA - ADR
HENKY
|
Downgrade | Neutral | |
| Feb 13, 2026 |
Webster Financial Corp.
WBS
|
Downgrade | Hold | Neutral |
| Feb 05, 2026 |
ArcelorMittal - New York Shares - Level III
MT
|
Upgrade | Neutral | Outperform |
| Feb 04, 2026 |
Siemens AG - ADR
SIEGY
|
Upgrade | Neutral | Outperform |
| Feb 04, 2026 |
Webster Financial Corp.
WBS
|
Downgrade | Hold | |
| Feb 03, 2026 |
Sap SE - ADR
SAP
|
Upgrade | Neutral | |
| Feb 02, 2026 |
Nokia Corp - ADR
NOK
|
Upgrade | Neutral | Outperform |
| Jan 29, 2026 |
PagSeguro Digital Ltd - Ordinary Shares - Class A
PAGS
|
Downgrade | Neutral | Neutral |
| Jan 29, 2026 |
StoneCo Ltd - Ordinary Shares - Class A
STNE
|
Downgrade | Outperform | Neutral |
| Jan 28, 2026 |
Enel Chile S.A. - ADR
ENIC
|
Downgrade | Neutral | |
| Jan 22, 2026 |
ASML Holding NV - New York Shares
ASML
|
Downgrade | Neutral | Underperform |
| Jan 15, 2026 |
Adidas AG - ADR - Level I
ADDYY
|
Initialise | Outperform | |
| Jan 13, 2026 |
Banco Santander S.A. - ADR
SAN
|
Upgrade | Hold | Buy |
| Jan 13, 2026 |
Banco Santander Chile SA - ADR
BSAC
|
Downgrade | Neutral | Sell |
| Dec 23, 2025 |
Coty Inc - Ordinary Shares - Class A
COTY
|
Downgrade | Neutral | |
| Dec 19, 2025 |
Banco Santander S.A. - ADR
SAN
|
Downgrade | Overweight | Hold |
| Dec 17, 2025 |
Bancolombia S.A. - ADR
CIB
|
Downgrade | Underperform | |
| Dec 12, 2025 |
America Movil S.A.B.DE C.V. - ADR - Series B
AMX
|
Downgrade | Outperform | Neutral |
| Dec 11, 2025 |
Pilgrim`s Pride Corp.
PPC
|
Upgrade | Neutral | Outperform |
| Dec 04, 2025 |
Nu Holdings Ltd - Ordinary Shares Class A
NU
|
Upgrade | Neutral | Outperform |
| Nov 24, 2025 |
Banco Santander S.A. - ADR
SAN
|
Hold | Overweight | Overweight |
| Nov 21, 2025 |
Amadeus IT Group S.A. - ADR
AMADY
|
Upgrade | Outperform | |
| Nov 19, 2025 |
Banco Santander (Brasil) S.A. - ADR
BSBR
|
Downgrade | Sell | Market Perform |
| Nov 17, 2025 |
Banco Santander S.A. - ADR
SAN
|
Hold | Buy | Buy |
| Nov 06, 2025 |
Banco Santander Chile SA - ADR
BSAC
|
Downgrade | Underperform | Neutral |
| Nov 03, 2025 |
BP plc - ADR
BP
|
Upgrade | Outperform | |
| Nov 03, 2025 |
Banco Santander S.A. - ADR
SAN
|
Hold | Sector Perform | Sector Perform |
| Oct 30, 2025 |
Banco Santander S.A. - ADR
SAN
|
Hold | Overweight | Overweight |
| Oct 29, 2025 |
Nokia Corp - ADR
NOK
|
Downgrade | Neutral | |
| Oct 16, 2025 |
Braskem S.A. - ADR
BAK
|
Downgrade | Neutral | Underperform |
| Oct 14, 2025 |
Banco Santander (Brasil) S.A. - ADR
BSBR
|
Downgrade | Buy | Sell |