Filed: 8/12/2025ACC: 0001589176-25-000004
📋 What this filing means
SPX GESTAO DE RECURSOS LTDA filed this quarterly 13F‑HR report disclosing 117 equity positions with a total reported market value of $1.07B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
117
Positions
$1.07B
Total AUM (reported)
42.02M
Total Shares
Allocation by class
COM$370.10M34.5%
SPONSORED ADR$147.52M13.8%
CL A$107.30M10.0%
COM CL A$87.40M8.2%
CORE S&P SCP ETF$86.07M8.0%
SPONSORED ADS$36.72M3.4%
SHS CLASS -A -$35.78M3.3%
Portfolio Concentration
Top 3$216.53M20.2%
4–10$303.34M28.3%
11–25$311.39M29.0%
Rest$240.78M22.5%
Top 3 weight
20.2%
Top 10 weight
48.5%
Voting Authority Distribution
Total shares with voting rights: 42.02M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
42.02M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other117
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings117
Rows:
ISHARES CORE S&P SMALL-CAP ETF
DFNDShares787.57K
TypeSH
Market value$86.07M
8.03%
Sole
0.00
Shared
787.57K
None
0.00
VISTRA CORP
DFNDShares351K
TypeSH
Market value$68.03M
6.35%
Sole
0.00
Shared
351K
None
0.00
PETROLEO BRASILEIRO ADR
DFNDShares4.99M
TypeSH
Market value$62.43M
5.82%
Sole
0.00
Shared
4.99M
None
0.00
TALEN ENERGY CORP
DFNDShares170.70K
TypeSH
Market value$49.63M
4.63%
Sole
0.00
Shared
170.70K
None
0.00
COPA HOLDINGS SA
DFNDShares434.24K
TypeSH
Market value$47.75M
4.45%
Sole
0.00
Shared
434.24K
None
0.00
CONSTELLATION ENERGY CORP
DFNDShares143K
TypeSH
Market value$46.15M
4.31%
Sole
0.00
Shared
143K
None
0.00
META PLATFORMS INC
DFNDShares58.93K
TypeSH
Market value$43.50M
4.06%
Sole
0.00
Shared
58.93K
None
0.00
CREDICORP
DFNDShares186.96K
TypeSH
Market value$41.79M
3.90%
Sole
0.00
Shared
186.96K
None
0.00
AMAZON.COM INC
DFNDShares173.90K
TypeSH
Market value$38.15M
3.56%
Sole
0.00
Shared
173.90K
None
0.00
VINCI COMPASS INVESTMENTS LTD
DFNDShares3.76M
TypeSH
Market value$36.36M
3.39%
Sole
0.00
Shared
3.76M
None
0.00
ARCOS DORADOS HOLDINGS INC
DFNDShares4.53M
TypeSH
Market value$35.78M
3.34%
Sole
0.00
Shared
4.53M
None
0.00
VERTIV HOLDINGS LLC
DFNDShares230K
TypeSH
Market value$29.53M
2.75%
Sole
0.00
Shared
230K
None
0.00
VALE SA SP ADR
DFNDShares2.74M
TypeSH
Market value$26.62M
2.48%
Sole
0.00
Shared
2.74M
None
0.00
SEMPRA
DFNDShares308.22K
TypeSH
Market value$23.35M
2.18%
Sole
0.00
Shared
308.22K
None
0.00
TRANSPORT GAS SUR B ADR
DFNDShares837.14K
TypeSH
Market value$21.68M
2.02%
Sole
0.00
Shared
837.14K
None
0.00
HESS CORPORATION
DFNDShares151.79K
TypeSH
Market value$21.03M
1.96%
Sole
0.00
Shared
151.79K
None
0.00
PILGRIMS PRIDE CORP
DFNDShares455.48K
TypeSH
Market value$20.49M
1.91%
Sole
0.00
Shared
455.48K
None
0.00
ALPHABET INC CLASS C
DFNDShares114.91K
TypeSH
Market value$20.38M
1.90%
Sole
0.00
Shared
114.91K
None
0.00
PETROLEO BRASILEIRO SA PETRO
DFNDShares1.72M
TypeSH
Market value$19.90M
1.86%
Sole
0.00
Shared
1.72M
None
0.00
GRUPO FINANCIERO GALICIA
DFNDShares368.26K
TypeSH
Market value$18.56M
1.73%
Sole
0.00
Shared
368.26K
None
0.00
SPDR S&P BANK ETF
DFNDShares322.20K
TypeSH
Market value$17.97M
1.68%
Sole
0.00
Shared
322.20K
None
0.00
RIO TINTO PLC
DFNDShares278.84K
TypeSH
Market value$16.26M
1.52%
Sole
0.00
Shared
278.84K
None
0.00
ALPHABET INC CLASS A COMMON STOCK
DFNDShares80K
TypeSH
Market value$14.10M
1.32%
Sole
0.00
Shared
80K
None
0.00
BP PLC
DFNDShares457.11K
TypeSH
Market value$13.68M
1.28%
Sole
0.00
Shared
457.11K
None
0.00
BANCO BRADESCO
DFNDShares3.90M
TypeSH
Market value$12.06M
1.12%
Sole
0.00
Shared
3.90M
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES CORE S&P SMALL-CAP ETFDFND | CORE S&P SCP ETF | 787.57K | SH | $86.07M 8.03% | 0.00 | 787.57K | 0.00 |
VISTRA CORPDFND | COM | 351K | SH | $68.03M 6.35% | 0.00 | 351K | 0.00 |
PETROLEO BRASILEIRO ADRDFND | SPONSORED ADR | 4.99M | SH | $62.43M 5.82% | 0.00 | 4.99M | 0.00 |
TALEN ENERGY CORPDFND | COM | 170.70K | SH | $49.63M 4.63% | 0.00 | 170.70K | 0.00 |
COPA HOLDINGS SADFND | CL A | 434.24K | SH | $47.75M 4.45% | 0.00 | 434.24K | 0.00 |
CONSTELLATION ENERGY CORPDFND | COM | 143K | SH | $46.15M 4.31% | 0.00 | 143K | 0.00 |
META PLATFORMS INCDFND | CL A | 58.93K | SH | $43.50M 4.06% | 0.00 | 58.93K | 0.00 |
CREDICORPDFND | COM | 186.96K | SH | $41.79M 3.90% | 0.00 | 186.96K | 0.00 |
AMAZON.COM INCDFND | COM | 173.90K | SH | $38.15M 3.56% | 0.00 | 173.90K | 0.00 |
VINCI COMPASS INVESTMENTS LTDDFND | COM CL A | 3.76M | SH | $36.36M 3.39% | 0.00 | 3.76M | 0.00 |
ARCOS DORADOS HOLDINGS INCDFND | SHS CLASS -A - | 4.53M | SH | $35.78M 3.34% | 0.00 | 4.53M | 0.00 |
VERTIV HOLDINGS LLCDFND | COM CL A | 230K | SH | $29.53M 2.75% | 0.00 | 230K | 0.00 |
VALE SA SP ADRDFND | SPONSORED ADS | 2.74M | SH | $26.62M 2.48% | 0.00 | 2.74M | 0.00 |
SEMPRADFND | COM | 308.22K | SH | $23.35M 2.18% | 0.00 | 308.22K | 0.00 |
TRANSPORT GAS SUR B ADRDFND | SPONSORED ADS B | 837.14K | SH | $21.68M 2.02% | 0.00 | 837.14K | 0.00 |
HESS CORPORATIONDFND | COM | 151.79K | SH | $21.03M 1.96% | 0.00 | 151.79K | 0.00 |
PILGRIMS PRIDE CORPDFND | COM | 455.48K | SH | $20.49M 1.91% | 0.00 | 455.48K | 0.00 |
ALPHABET INC CLASS CDFND | CAP STK CL C | 114.91K | SH | $20.38M 1.90% | 0.00 | 114.91K | 0.00 |
PETROLEO BRASILEIRO SA PETRODFND | SP ADR NON VTG | 1.72M | SH | $19.90M 1.86% | 0.00 | 1.72M | 0.00 |
GRUPO FINANCIERO GALICIADFND | SPONSORED ADR | 368.26K | SH | $18.56M 1.73% | 0.00 | 368.26K | 0.00 |
SPDR S&P BANK ETFDFND | S&P BK ETF | 322.20K | SH | $17.97M 1.68% | 0.00 | 322.20K | 0.00 |
RIO TINTO PLCDFND | SPONSORED ADR | 278.84K | SH | $16.26M 1.52% | 0.00 | 278.84K | 0.00 |
ALPHABET INC CLASS A COMMON STOCKDFND | CAP STK CL A | 80K | SH | $14.10M 1.32% | 0.00 | 80K | 0.00 |
BP PLCDFND | SPONSORED ADR | 457.11K | SH | $13.68M 1.28% | 0.00 | 457.11K | 0.00 |
BANCO BRADESCODFND | SP ADR PFD NEW | 3.90M | SH | $12.06M 1.12% | 0.00 | 3.90M | 0.00 |
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