Filed: 8/14/2026ACC: 0001568280-26-000005
📋 What this filing means
BW GESTAO DE INVESTIMENTOS LTDA. filed this quarterly 13F‑HR report disclosing 300 equity positions with a total reported market value of $5.05B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
300
Positions
$5.05B
Total AUM (reported)
93.01M
Total Shares
Allocation by class
COM$1.77B35.1%
TR UNIT$916.83M18.1%
CORE S&P500 ETF$818.78M16.2%
CL A$201.24M4.0%
RUSSELL 2000 ETF$180.27M3.6%
COM NEW$141.98M2.8%
COM CL A$122.05M2.4%
Portfolio Concentration
Top 3$2.03B40.2%
4–10$718.58M14.2%
11–25$505.84M10.0%
Rest$1.80B35.6%
Top 3 weight
40.2%
Top 10 weight
54.4%
Voting Authority Distribution
Total shares with voting rights: 93.01M
Sole
Full voting authority
93.01M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole300
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings300
Rows:
STATE STR SPDR S&P 500 ETF T
SOLEShares1.23M
TypeSH
Market value$916.83M
18.15%
Sole
1.23M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.09M
TypeSH
Market value$818.78M
16.20%
Sole
1.09M
Shared
0.00
None
0.00
MICRON TECHNOLOGY INC
SOLEShares254.21K
TypeSH
Market value$293.43M
5.81%
Sole
254.21K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares600K
TypeSH
Market value$180.27M
3.57%
Sole
600K
Shared
0.00
None
0.00
TESLA INC
SOLEShares251.26K
TypeSH
Market value$105.68M
2.09%
Sole
251.26K
Shared
0.00
None
0.00
ISHARES INC
SOLEShares3M
TypeSH
Market value$103.50M
2.05%
Sole
3M
Shared
0.00
None
0.00
SPACE EXPLORATION TECHN CORP
SOLEShares587.34K
TypeSH
Market value$100.35M
1.99%
Sole
587.34K
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares123K
TypeSH
Market value$90.58M
1.79%
Sole
123K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares215.95K
TypeSH
Market value$80.55M
1.59%
Sole
215.95K
Shared
0.00
None
0.00
RB GLOBAL INC
SOLEShares495.05K
TypeSH
Market value$57.65M
1.14%
Sole
495.05K
Shared
0.00
None
0.00
TENET HEALTHCARE CORP
SOLEShares279.81K
TypeSH
Market value$52.35M
1.04%
Sole
279.81K
Shared
0.00
None
0.00
PLANET FITNESS MASTER ISSUER
SOLEShares861.16K
TypeSH
Market value$44.93M
0.89%
Sole
861.16K
Shared
0.00
None
0.00
ECOLAB INC
SOLEShares144.86K
TypeSH
Market value$40.36M
0.80%
Sole
144.86K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares60K
TypeSH
Market value$39.35M
0.78%
Sole
60K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares146.41K
TypeSH
Market value$34.89M
0.69%
Sole
146.41K
Shared
0.00
None
0.00
GLOBAL X FDS
SOLEShares453.15K
TypeSH
Market value$34.88M
0.69%
Sole
453.15K
Shared
0.00
None
0.00
ECHOSTAR CORP
SOLEShares320.73K
TypeSH
Market value$32.55M
0.64%
Sole
320.73K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares50K
TypeSH
Market value$32.04M
0.63%
Sole
50K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares201K
TypeSH
Market value$31.89M
0.63%
Sole
201K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares90K
TypeSH
Market value$31.80M
0.63%
Sole
90K
Shared
0.00
None
0.00
ASML HLDG NV
SOLEShares15K
TypeSH
Market value$29.84M
0.59%
Sole
15K
Shared
0.00
None
0.00
MEDLINE INC
SOLEShares690K
TypeSH
Market value$27.21M
0.54%
Sole
690K
Shared
0.00
None
0.00
BLACKSTONE INC
SOLEShares216.10K
TypeSH
Market value$25.43M
0.50%
Sole
216.10K
Shared
0.00
None
0.00
GENERAC HLDGS INC
SOLEShares82.81K
TypeSH
Market value$24.25M
0.48%
Sole
82.81K
Shared
0.00
None
0.00
CENTURY ALUM CO
SOLEShares523.16K
TypeSH
Market value$24.07M
0.48%
Sole
523.16K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
STATE STR SPDR S&P 500 ETF TSOLE | TR UNIT | 1.23M | SH | $916.83M 18.15% | 1.23M | 0.00 | 0.00 |
ISHARES TRSOLE | CORE S&P500 ETF | 1.09M | SH | $818.78M 16.20% | 1.09M | 0.00 | 0.00 |
MICRON TECHNOLOGY INCSOLE | COM | 254.21K | SH | $293.43M 5.81% | 254.21K | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 600K | SH | $180.27M 3.57% | 600K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 251.26K | SH | $105.68M 2.09% | 251.26K | 0.00 | 0.00 |
ISHARES INCSOLE | MSCI BRAZIL ETF | 3M | SH | $103.50M 2.05% | 3M | 0.00 | 0.00 |
SPACE EXPLORATION TECHN CORPSOLE | CLASS A COM STK | 587.34K | SH | $100.35M 1.99% | 587.34K | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 123K | SH | $90.58M 1.79% | 123K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 215.95K | SH | $80.55M 1.59% | 215.95K | 0.00 | 0.00 |
RB GLOBAL INCSOLE | COM | 495.05K | SH | $57.65M 1.14% | 495.05K | 0.00 | 0.00 |
TENET HEALTHCARE CORPSOLE | COM NEW | 279.81K | SH | $52.35M 1.04% | 279.81K | 0.00 | 0.00 |
PLANET FITNESS MASTER ISSUERSOLE | CL A | 861.16K | SH | $44.93M 0.89% | 861.16K | 0.00 | 0.00 |
ECOLAB INCSOLE | COM | 144.86K | SH | $40.36M 0.80% | 144.86K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | SEMICONDUCTR ETF | 60K | SH | $39.35M 0.78% | 60K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 146.41K | SH | $34.89M 0.69% | 146.41K | 0.00 | 0.00 |
GLOBAL X FDSSOLE | GLOBAL X COPPER | 453.15K | SH | $34.88M 0.69% | 453.15K | 0.00 | 0.00 |
ECHOSTAR CORPSOLE | CL A | 320.73K | SH | $32.55M 0.64% | 320.73K | 0.00 | 0.00 |
ISHARES TRSOLE | ISHARES SEMICDTR | 50K | SH | $32.04M 0.63% | 50K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | ST STR CARE ETF | 201K | SH | $31.89M 0.63% | 201K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 90K | SH | $31.80M 0.63% | 90K | 0.00 | 0.00 |
ASML HLDG NVSOLE | N Y REGISTRY SHS | 15K | SH | $29.84M 0.59% | 15K | 0.00 | 0.00 |
MEDLINE INCSOLE | COM CL A | 690K | SH | $27.21M 0.54% | 690K | 0.00 | 0.00 |
BLACKSTONE INCSOLE | COM | 216.10K | SH | $25.43M 0.50% | 216.10K | 0.00 | 0.00 |
GENERAC HLDGS INCSOLE | COM | 82.81K | SH | $24.25M 0.48% | 82.81K | 0.00 | 0.00 |
CENTURY ALUM COSOLE | COM | 523.16K | SH | $24.07M 0.48% | 523.16K | 0.00 | 0.00 |
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