Filed: 5/14/2025ACC: 0001589176-25-000003
📋 What this filing means
SPX GESTAO DE RECURSOS LTDA filed this quarterly 13F‑HR report disclosing 107 equity positions with a total reported market value of $776.61M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
107
Positions
$776.61M
Total AUM (reported)
36.78M
Total Shares
Allocation by class
COM$207.23M26.7%
COM CL A$88.22M11.4%
CL A$84.85M10.9%
SPONSORED ADR$76.56M9.9%
SPONSORED ADS$71.89M9.3%
CORE S&P SCP ETF$47.57M6.1%
UTSER1 S&PDCRP$46.25M6.0%
Portfolio Concentration
Top 3$147.59M19.0%
4–10$218.72M28.2%
11–25$213.80M27.5%
Rest$196.51M25.3%
Top 3 weight
19.0%
Top 10 weight
47.2%
Voting Authority Distribution
Total shares with voting rights: 36.78M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
36.78M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other107
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings107
Rows:
VALE SA SP ADR
DFNDShares5.39M
TypeSH
Market value$53.77M
6.92%
Sole
0.00
Shared
5.39M
None
0.00
ISHARES CORE S&P SMALL-CAP ETF
DFNDShares454.87K
TypeSH
Market value$47.57M
6.12%
Sole
0.00
Shared
454.87K
None
0.00
SPDR S&P MIDCAP 400 ETF
DFNDShares86.70K
TypeSH
Market value$46.25M
5.96%
Sole
0.00
Shared
86.70K
None
0.00
COPA HOLDINGS SA
DFNDShares447.78K
TypeSH
Market value$41.40M
5.33%
Sole
0.00
Shared
447.78K
None
0.00
VINCI PARTNERS INVESTMENTS-A
DFNDShares3.51M
TypeSH
Market value$35.47M
4.57%
Sole
0.00
Shared
3.51M
None
0.00
XP INC - CLASS A
DFNDShares2.50M
TypeSH
Market value$34.34M
4.42%
Sole
0.00
Shared
2.50M
None
0.00
PAGSEGURO DIGITAL LTD-CL A
DFNDShares4.15M
TypeSH
Market value$31.65M
4.08%
Sole
0.00
Shared
4.15M
None
0.00
CREDICORP
DFNDShares149.04K
TypeSH
Market value$27.75M
3.57%
Sole
0.00
Shared
149.04K
None
0.00
VISTRA CORP
DFNDShares224K
TypeSH
Market value$26.31M
3.39%
Sole
0.00
Shared
224K
None
0.00
PETROLEO BRASILEIRO ADR
DFNDShares1.52M
TypeSH
Market value$21.80M
2.81%
Sole
0.00
Shared
1.52M
None
0.00
ARCOS DORADOS HOLDINGS INC
DFNDShares2.51M
TypeSH
Market value$20.20M
2.60%
Sole
0.00
Shared
2.51M
None
0.00
TALEN ENERGY CORP
DFNDShares98.10K
TypeSH
Market value$19.59M
2.52%
Sole
0.00
Shared
98.10K
None
0.00
SPDR S&P 600 SMALL CAP VALUE ETF
DFNDShares213.19K
TypeSH
Market value$16.71M
2.15%
Sole
0.00
Shared
213.19K
None
0.00
PETROLEO BRASILEIRO SA PETRO
DFNDShares1.24M
TypeSH
Market value$16.14M
2.08%
Sole
0.00
Shared
1.24M
None
0.00
VERTIV HOLDINGS LLC
DFNDShares210K
TypeSH
Market value$15.16M
1.95%
Sole
0.00
Shared
210K
None
0.00
INVESCO S&P SMALLCAP QUALITY E
DFNDShares366.24K
TypeSH
Market value$14.47M
1.86%
Sole
0.00
Shared
366.24K
None
0.00
ADECOAGRO SA
DFNDShares1.23M
TypeSH
Market value$13.71M
1.77%
Sole
0.00
Shared
1.23M
None
0.00
HDFC BK LTD
DFNDShares203.08K
TypeSH
Market value$13.49M
1.74%
Sole
0.00
Shared
203.08K
None
0.00
MICRON TECHNOLOGY INC
DFNDShares153.67K
TypeSH
Market value$13.35M
1.72%
Sole
0.00
Shared
153.67K
None
0.00
INVESCO S&P 500 EQUAL WEIGHT E
DFNDShares71.11K
TypeSH
Market value$12.32M
1.59%
Sole
0.00
Shared
71.11K
None
0.00
GRUPO FINANCIERO GALICIA
DFNDShares221.71K
TypeSH
Market value$12.08M
1.56%
Sole
0.00
Shared
221.71K
None
0.00
SEMPRA
DFNDShares169.18K
TypeSH
Market value$12.07M
1.55%
Sole
0.00
Shared
169.18K
None
0.00
PG&E CORP
DFNDShares698.30K
TypeSH
Market value$12.00M
1.54%
Sole
0.00
Shared
698.30K
None
0.00
PUBLIC SERVICE ENTERPRISE GROUP INC
DFNDShares145K
TypeSH
Market value$11.93M
1.54%
Sole
0.00
Shared
145K
None
0.00
AMAZON.COM INC
DFNDShares55.50K
TypeSH
Market value$10.56M
1.36%
Sole
0.00
Shared
55.50K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VALE SA SP ADRDFND | SPONSORED ADS | 5.39M | SH | $53.77M 6.92% | 0.00 | 5.39M | 0.00 |
ISHARES CORE S&P SMALL-CAP ETFDFND | CORE S&P SCP ETF | 454.87K | SH | $47.57M 6.12% | 0.00 | 454.87K | 0.00 |
SPDR S&P MIDCAP 400 ETFDFND | UTSER1 S&PDCRP | 86.70K | SH | $46.25M 5.96% | 0.00 | 86.70K | 0.00 |
COPA HOLDINGS SADFND | CL A | 447.78K | SH | $41.40M 5.33% | 0.00 | 447.78K | 0.00 |
VINCI PARTNERS INVESTMENTS-ADFND | COM CL A | 3.51M | SH | $35.47M 4.57% | 0.00 | 3.51M | 0.00 |
XP INC - CLASS ADFND | CL A | 2.50M | SH | $34.34M 4.42% | 0.00 | 2.50M | 0.00 |
PAGSEGURO DIGITAL LTD-CL ADFND | COM CL A | 4.15M | SH | $31.65M 4.08% | 0.00 | 4.15M | 0.00 |
CREDICORPDFND | COM | 149.04K | SH | $27.75M 3.57% | 0.00 | 149.04K | 0.00 |
VISTRA CORPDFND | COM | 224K | SH | $26.31M 3.39% | 0.00 | 224K | 0.00 |
PETROLEO BRASILEIRO ADRDFND | SPONSORED ADR | 1.52M | SH | $21.80M 2.81% | 0.00 | 1.52M | 0.00 |
ARCOS DORADOS HOLDINGS INCDFND | SHS CLASS -A - | 2.51M | SH | $20.20M 2.60% | 0.00 | 2.51M | 0.00 |
TALEN ENERGY CORPDFND | COM | 98.10K | SH | $19.59M 2.52% | 0.00 | 98.10K | 0.00 |
SPDR S&P 600 SMALL CAP VALUE ETFDFND | S&P 600 SMCP VAL | 213.19K | SH | $16.71M 2.15% | 0.00 | 213.19K | 0.00 |
PETROLEO BRASILEIRO SA PETRODFND | SP ADR NON VTG | 1.24M | SH | $16.14M 2.08% | 0.00 | 1.24M | 0.00 |
VERTIV HOLDINGS LLCDFND | COM CL A | 210K | SH | $15.16M 1.95% | 0.00 | 210K | 0.00 |
INVESCO S&P SMALLCAP QUALITY EDFND | S&P SMLCAP QTY | 366.24K | SH | $14.47M 1.86% | 0.00 | 366.24K | 0.00 |
ADECOAGRO SADFND | COM | 1.23M | SH | $13.71M 1.77% | 0.00 | 1.23M | 0.00 |
HDFC BK LTDDFND | SPONSORED ADS | 203.08K | SH | $13.49M 1.74% | 0.00 | 203.08K | 0.00 |
MICRON TECHNOLOGY INCDFND | COM | 153.67K | SH | $13.35M 1.72% | 0.00 | 153.67K | 0.00 |
INVESCO S&P 500 EQUAL WEIGHT EDFND | S&P500 EQL WGT | 71.11K | SH | $12.32M 1.59% | 0.00 | 71.11K | 0.00 |
GRUPO FINANCIERO GALICIADFND | SPONSORED ADR | 221.71K | SH | $12.08M 1.56% | 0.00 | 221.71K | 0.00 |
SEMPRADFND | COM | 169.18K | SH | $12.07M 1.55% | 0.00 | 169.18K | 0.00 |
PG&E CORPDFND | COM | 698.30K | SH | $12.00M 1.54% | 0.00 | 698.30K | 0.00 |
PUBLIC SERVICE ENTERPRISE GROUP INCDFND | COM | 145K | SH | $11.93M 1.54% | 0.00 | 145K | 0.00 |
AMAZON.COM INCDFND | COM | 55.50K | SH | $10.56M 1.36% | 0.00 | 55.50K | 0.00 |
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