# EDGAR Filing Document

**Accession Number:** 0001605070
**File Stem:** 0001172661-23-001291
**Filing Date:** 2023-2
**Character Count:** 12464
**Document Hash:** 75e41920317a37ac183b7af066ee95ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-001291.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001172661-23-001291

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bienville Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001605070
- **IRS NUMBER:** 263910596
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16810
- **FILM NUMBER:** 23628297

**BUSINESS ADDRESS:**
- **STREET 1:** 521 FIFTH AVENUE
- **STREET 2:** 35TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10175
- **BUSINESS PHONE:** 212-226-7348

**MAIL ADDRESS:**
- **STREET 1:** 521 FIFTH AVENUE
- **STREET 2:** 35TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10175

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Bienville Capital Management LLC<br>**Address:** 521 Fifth Avenue<br>35th Floor<br>New York, NY 10175

**Form 13F File Number:** 028-16810

**CRD Number (if applicable):** 000149320

**SEC File Number (if applicable):** 801-69892

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:** Abigail Penzell<br>**Title:** CCO<br>**Phone:** 212-226-7348

**Signature, Place, and Date of Signing:**

/s/ Abigail Penzell  New York, NY  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 90

**Form 13F Information Table Value Total:** $332894980

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 663086 | 4103 | SH |  | SOLE |  | 4103 | 0 | 0 |
| AEVA TECHNOLOGIES INC | COM | 00835Q103 |  | 113472 | 83435 | SH |  | SOLE |  | 83435 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 522716 | 7266 | SH |  | SOLE |  | 7266 | 0 | 0 |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 |  | 16662902 | 820025 | SH |  | SOLE |  | 820025 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 4196219 | 47560 | SH |  | SOLE |  | 47560 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 529629 | 5969 | SH |  | SOLE |  | 5969 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 256575 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 5256216 | 62574 | SH |  | SOLE |  | 62574 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 5804332 | 187297 | SH |  | SOLE |  | 187297 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 12242201 | 94222 | SH |  | SOLE |  | 94222 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 846077 | 2739 | SH |  | SOLE |  | 2739 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 311746 | 4202 | SH |  | SOLE |  | 4202 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 562418 | 8950 | SH |  | SOLE |  | 8950 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 2662315 | 48689 | SH |  | SOLE |  | 48689 | 0 | 0 |
| CALUMET SPECIALTY PRODS PART | UT LTD PARTNER | 131476103 |  | 6011002 | 356102 | SH |  | SOLE |  | 356102 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 11439146 | 504594 | SH |  | SOLE |  | 504594 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 479120 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 15509317 | 799040 | SH |  | SOLE |  | 799040 | 0 | 0 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 10758463 | 114003 | SH |  | SOLE |  | 114003 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 521602 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| CONTEXTLOGIC INC | COM CL A | 21077C107 |  | 71567 | 146743 | SH |  | SOLE |  | 146743 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 664175 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| DANIMER SCIENTIFIC INC | COM CL A | 236272100 |  | 17900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| DESKTOP METAL INC | COM CL A | 25058X105 |  | 32312 | 23759 | SH |  | SOLE |  | 23759 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 207643 | 2390 | SH |  | SOLE |  | 2390 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 528330 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 301569 | 25406 | SH |  | SOLE |  | 25406 | 0 | 0 |
| ETF SER SOLUTIONS | APTUS COLLARED | 26922A222 |  | 6248355 | 216731 | SH |  | SOLE |  | 216731 | 0 | 0 |
| ETF SER SOLUTIONS | APTUS DRAWDOWN | 26922A784 |  | 8652229 | 257613 | SH |  | SOLE |  | 257613 | 0 | 0 |
| ETF SER SOLUTIONS | APTUS ENHANCED | 26922B642 |  | 25379389 | 1012341 | SH |  | SOLE |  | 1012341 | 0 | 0 |
| EVOLV TECHNOLOGIES HLDNGS IN | COM CL A | 30049H102 |  | 131655 | 50832 | SH |  | SOLE |  | 50832 | 0 | 0 |
| EXTREME NETWORKS | COM | 30226D106 |  | 274650 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| GLOBALSTAR INC | COM | 378973408 |  | 52711 | 39632 | SH |  | SOLE |  | 39632 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 2306845 | 19136 | SH |  | SOLE |  | 19136 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 383770 | 1215 | SH |  | SOLE |  | 1215 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 315129 | 1422 | SH |  | SOLE |  | 1422 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 460992 | 17442 | SH |  | SOLE |  | 17442 | 0 | 0 |
| INVESCO DB COMMDY INDX TRCK | UNIT | 46138B103 |  | 1656147 | 67186 | SH |  | SOLE |  | 67186 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | INTL DIVI ACHI | 46137V548 |  | 537718 | 32160 | SH |  | SOLE |  | 32160 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1069114 | 4015 | SH |  | SOLE |  | 4015 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 402772 | 2310 | SH |  | SOLE |  | 2310 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 51994849 | 640539 | SH |  | SOLE |  | 640539 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 1044636 | 4083 | SH |  | SOLE |  | 4083 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 484021 | 2740 | SH |  | SOLE |  | 2740 | 0 | 0 |
| KRANESHARES TR | CSI CHI INTERNET | 500767306 |  | 537983 | 17814 | SH |  | SOLE |  | 17814 | 0 | 0 |
| KRANESHARES TR | CSI CHI INTERNET | 500767306 |  | 64930000 | 2150000 | SH | Call | SOLE |  | 2150000 | 0 | 0 |
| LATCH INC | COM | 51818V106 |  | 10411 | 14665 | SH |  | SOLE |  | 14665 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 410598 | 844 | SH |  | SOLE |  | 844 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 866986 | 5823 | SH |  | SOLE |  | 5823 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1479243 | 4254 | SH |  | SOLE |  | 4254 | 0 | 0 |
| MATTERPORT INC | COM CL A | 577096100 |  | 201737 | 72049 | SH |  | SOLE |  | 72049 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 395295 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 4430435 | 18474 | SH |  | SOLE |  | 18474 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 648349 | 2327 | SH |  | SOLE |  | 2327 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 685540 | 2782 | SH |  | SOLE |  | 2782 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 529280 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 778196 | 5325 | SH |  | SOLE |  | 5325 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 274646 | 2680 | SH |  | SOLE |  | 2680 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 682020 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 2647824 | 29424 | SH |  | SOLE |  | 29424 | 0 | 0 |
| PROSHARES TR | LARGE CAP CRE | 74347R248 |  | 296406 | 6600 | SH |  | SOLE |  | 6600 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 312880 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 471195 | 4669 | SH |  | SOLE |  | 4669 | 0 | 0 |
| RECURSION PHARMACEUTICALS IN | CL A | 75629V104 |  | 438514 | 56876 | SH |  | SOLE |  | 56876 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 387693 | 2924 | SH |  | SOLE |  | 2924 | 0 | 0 |
| SCIENCE 37 HOLDINGS INC | COM | 808644108 |  | 6916 | 16656 | SH |  | SOLE |  | 16656 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 3709527 | 42409 | SH |  | SOLE |  | 42409 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 385614 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 508920 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 8947574 | 23322 | SH |  | SOLE |  | 23322 | 0 | 0 |
| SPDR SER TR | S METALS MNG | 78464A755 |  | 3244963 | 65147 | SH |  | SOLE |  | 65147 | 0 | 0 |
| SPDR SER TR | S OILGAS EXP | 78468R556 |  | 941784 | 6931 | SH |  | SOLE |  | 6931 | 0 | 0 |
| SPDR SER TR | BLOOMBERG 1 10 Y | 78468R861 |  | 738000 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 210007 | 2660 | SH |  | SOLE |  | 2660 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 1138005 | 60500 | SH |  | SOLE |  | 60500 | 0 | 0 |
| STONECO LTD | COM CL A | G85158106 |  | 449401 | 47606 | SH |  | SOLE |  | 47606 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 4331145 | 136500 | SH |  | SOLE |  | 136500 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 14688482 | 388381 | SH |  | SOLE |  | 388381 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2267374 | 18407 | SH |  | SOLE |  | 18407 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 504270 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 318374 | 12874 | SH |  | SOLE |  | 12874 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 369627 | 788 | SH |  | SOLE |  | 788 | 0 | 0 |
| UNITI GROUP INC | COM | 91325V108 |  | 4206782 | 760720 | SH |  | SOLE |  | 760720 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 203435 | 2820 | SH |  | SOLE |  | 2820 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 470901 | 2463 | SH |  | SOLE |  | 2463 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 1249810 | 8231 | SH |  | SOLE |  | 8231 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 951599 | 29021 | SH |  | SOLE |  | 29021 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 581728 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2432424 | 15505 | SH |  | SOLE |  | 15505 | 0 | 0 |
| WM TECHNOLOGY INC | COM | 92971A109 |  | 56055 | 55500 | SH |  | SOLE |  | 55500 | 0 | 0 |

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