Filed: 5/6/2026ACC: 0001589176-26-000002
📋 What this filing means
SPX GESTAO DE RECURSOS LTDA filed this quarterly 13F‑HR report disclosing 82 equity positions with a total reported market value of $1.20B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
82
Positions
$1.20B
Total AUM (reported)
71.38M
Total Shares
Allocation by class
COM CL A$162.88M13.5%
SPONSORED ADR$133.62M11.1%
SP ADR NON VTG$128.90M10.7%
STATE STREET CON$120.19M10.0%
SPONSORED ADS$119.00M9.9%
COM$115.27M9.6%
MSCI CHINA ETF$54.61M4.5%
Portfolio Concentration
Top 3$358.21M29.7%
4–10$370.96M30.8%
11–25$341.89M28.4%
Rest$133.25M11.1%
Top 3 weight
29.7%
Top 10 weight
60.5%
Voting Authority Distribution
Total shares with voting rights: 71.38M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
71.38M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other82
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings82
Rows:
PETROLEO BRASILEIRO SA PETRO
DFNDShares6.87M
TypeSH
Market value$128.90M
10.70%
Sole
0.00
Shared
6.87M
None
0.00
STATE STREET CONSUMER STAPLES
DFNDShares1.47M
TypeSH
Market value$120.19M
9.98%
Sole
0.00
Shared
1.47M
None
0.00
STONECO LTD-A
DFNDShares7.73M
TypeSH
Market value$109.12M
9.06%
Sole
0.00
Shared
7.73M
None
0.00
VALE SA SP ADR
DFNDShares5.54M
TypeSH
Market value$88.14M
7.32%
Sole
0.00
Shared
5.54M
None
0.00
ISHARES MSCI CHN
DFNDShares972K
TypeSH
Market value$54.61M
4.53%
Sole
0.00
Shared
972K
None
0.00
VINCI COMPASS INVESTMENTS LTD
DFNDShares4.67M
TypeSH
Market value$49.29M
4.09%
Sole
0.00
Shared
4.67M
None
0.00
ARCOS DORADOS HOLDINGS INC
DFNDShares5.95M
TypeSH
Market value$49.08M
4.08%
Sole
0.00
Shared
5.95M
None
0.00
NVIDIA CORP
DFNDShares263.20K
TypeSH
Market value$45.90M
3.81%
Sole
0.00
Shared
263.20K
None
0.00
LATAM AIRLINES GROUP-SP ADR
DFNDShares881.98K
TypeSH
Market value$43.60M
3.62%
Sole
0.00
Shared
881.98K
None
0.00
BANCO BRADESCO
DFNDShares11.05M
TypeSH
Market value$40.34M
3.35%
Sole
0.00
Shared
11.05M
None
0.00
NU HOLDINGS LTD/CAYMAN ISL-A
DFNDShares2.57M
TypeSH
Market value$36.93M
3.07%
Sole
0.00
Shared
2.57M
None
0.00
PETROLEO BRASILEIRO ADR
DFNDShares1.73M
TypeSH
Market value$35.96M
2.99%
Sole
0.00
Shared
1.73M
None
0.00
TRANSPORT GAS SUR B ADR
DFNDShares1.03M
TypeSH
Market value$35.48M
2.95%
Sole
0.00
Shared
1.03M
None
0.00
INTER & CO INC - CL A
DFNDShares4.02M
TypeSH
Market value$32.03M
2.66%
Sole
0.00
Shared
4.02M
None
0.00
COPA HOLDINGS SA
DFNDShares224.79K
TypeSH
Market value$25.54M
2.12%
Sole
0.00
Shared
224.79K
None
0.00
CREDICORP
DFNDShares67.40K
TypeSH
Market value$22.86M
1.90%
Sole
0.00
Shared
67.40K
None
0.00
XP INC - CLASS A
DFNDShares1.19M
TypeSH
Market value$22.60M
1.88%
Sole
0.00
Shared
1.19M
None
0.00
EMBRAER SA
DFNDShares353.29K
TypeSH
Market value$20.96M
1.74%
Sole
0.00
Shared
353.29K
None
0.00
TAIWAN SEMI ADR
DFNDShares59.27K
TypeSH
Market value$20.03M
1.66%
Sole
0.00
Shared
59.27K
None
0.00
ISHARES MSCI BRAZIL ETF
DFNDShares493.17K
TypeSH
Market value$18.93M
1.57%
Sole
0.00
Shared
493.17K
None
0.00
BP PLC
DFNDShares354.34K
TypeSH
Market value$16.65M
1.38%
Sole
0.00
Shared
354.34K
None
0.00
GERDAU SA
DFNDShares4.25M
TypeSH
Market value$15.36M
1.28%
Sole
0.00
Shared
4.25M
None
0.00
PAMPA ENERGIA SA
DFNDShares163.64K
TypeSH
Market value$14.48M
1.20%
Sole
0.00
Shared
163.64K
None
0.00
AMAZON.COM INC
DFNDShares62.64K
TypeSH
Market value$13.05M
1.08%
Sole
0.00
Shared
62.64K
None
0.00
SHARKNINJA INC
DFNDShares104.17K
TypeSH
Market value$11.03M
0.92%
Sole
0.00
Shared
104.17K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PETROLEO BRASILEIRO SA PETRODFND | SP ADR NON VTG | 6.87M | SH | $128.90M 10.70% | 0.00 | 6.87M | 0.00 |
STATE STREET CONSUMER STAPLESDFND | STATE STREET CON | 1.47M | SH | $120.19M 9.98% | 0.00 | 1.47M | 0.00 |
STONECO LTD-ADFND | COM CL A | 7.73M | SH | $109.12M 9.06% | 0.00 | 7.73M | 0.00 |
VALE SA SP ADRDFND | SPONSORED ADS | 5.54M | SH | $88.14M 7.32% | 0.00 | 5.54M | 0.00 |
ISHARES MSCI CHNDFND | MSCI CHINA ETF | 972K | SH | $54.61M 4.53% | 0.00 | 972K | 0.00 |
VINCI COMPASS INVESTMENTS LTDDFND | COM CL A | 4.67M | SH | $49.29M 4.09% | 0.00 | 4.67M | 0.00 |
ARCOS DORADOS HOLDINGS INCDFND | SHS CLASS -A - | 5.95M | SH | $49.08M 4.08% | 0.00 | 5.95M | 0.00 |
NVIDIA CORPDFND | COM | 263.20K | SH | $45.90M 3.81% | 0.00 | 263.20K | 0.00 |
LATAM AIRLINES GROUP-SP ADRDFND | SPONSORED ADR | 881.98K | SH | $43.60M 3.62% | 0.00 | 881.98K | 0.00 |
BANCO BRADESCODFND | SP ADR PFD NEW | 11.05M | SH | $40.34M 3.35% | 0.00 | 11.05M | 0.00 |
NU HOLDINGS LTD/CAYMAN ISL-ADFND | ORD SHS CL A | 2.57M | SH | $36.93M 3.07% | 0.00 | 2.57M | 0.00 |
PETROLEO BRASILEIRO ADRDFND | SPONSORED ADR | 1.73M | SH | $35.96M 2.99% | 0.00 | 1.73M | 0.00 |
TRANSPORT GAS SUR B ADRDFND | SPONSORED ADS B | 1.03M | SH | $35.48M 2.95% | 0.00 | 1.03M | 0.00 |
INTER & CO INC - CL ADFND | CLASS A COM | 4.02M | SH | $32.03M 2.66% | 0.00 | 4.02M | 0.00 |
COPA HOLDINGS SADFND | CL A | 224.79K | SH | $25.54M 2.12% | 0.00 | 224.79K | 0.00 |
CREDICORPDFND | COM | 67.40K | SH | $22.86M 1.90% | 0.00 | 67.40K | 0.00 |
XP INC - CLASS ADFND | CL A | 1.19M | SH | $22.60M 1.88% | 0.00 | 1.19M | 0.00 |
EMBRAER SADFND | SPONSORED ADR | 353.29K | SH | $20.96M 1.74% | 0.00 | 353.29K | 0.00 |
TAIWAN SEMI ADRDFND | SPONSORED ADS | 59.27K | SH | $20.03M 1.66% | 0.00 | 59.27K | 0.00 |
ISHARES MSCI BRAZIL ETFDFND | MSCI BRAZIL ETF | 493.17K | SH | $18.93M 1.57% | 0.00 | 493.17K | 0.00 |
BP PLCDFND | SPONSORED ADR | 354.34K | SH | $16.65M 1.38% | 0.00 | 354.34K | 0.00 |
GERDAU SADFND | SPON ADR REP PFD | 4.25M | SH | $15.36M 1.28% | 0.00 | 4.25M | 0.00 |
PAMPA ENERGIA SADFND | SPONS ADR LVL I | 163.64K | SH | $14.48M 1.20% | 0.00 | 163.64K | 0.00 |
AMAZON.COM INCDFND | COM | 62.64K | SH | $13.05M 1.08% | 0.00 | 62.64K | 0.00 |
SHARKNINJA INCDFND | COM SHS | 104.17K | SH | $11.03M 0.92% | 0.00 | 104.17K | 0.00 |
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