Banco BTG Pactual S.A.

Name: Banco BTG Pactual S.A. 13F holdings, Q2 2025
Creator: Banco BTG Pactual S.A.
Published: 2025-08-14

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Banco BTG Pactual S.A. reported 153 stock positions worth $491.5 million. Its top holding was Meta Platforms Class A (META) at 6.9% of the portfolio, followed by Nvidia (NVDA, 6.3%) and Grupo Financiero Galicia-ADR (GGAL, 5.0%). Compared with Q1 2025, it opened 58 new positions, sold out of 62, added to 44 and reduced 44. The biggest buy was Nvidia (NVDA, shares +83%) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −52%).

Most Recent 13F: Q2 2026
Location: RIO DE JANEIRO, D5
CIK: 0001536080
Portfolio Value: $491.5M (Q2 2025)
SEC Filing: 0001085146-25-005301 ↗ filed Aug 14, 2025

Holdings Value

Holdings 153 stocks · $491.5M


META Meta Platforms Inc. Class A	6.94%	46,193	$34.1M	Add +29.0%
NVDA Nvidia Corp.	6.26%	194,735	$30.8M	Add +83.2%
GGAL Grupo Financiero Galicia-ADR	5.00%	487,916	$24.6M	Add +198.3%
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI	4.88%	1,091,340	$24.0M	Reduce -3.0%
AMZN Amazon.com Inc.	4.70%	105,282	$23.1M	Add +37.1%
QQQ Invesco QQQ Trust Series 1	4.09%	36,418	$20.1M	Add +505.1%
MSFT Microsoft Corp.	4.04%	39,908	$19.9M	Add +17.8%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	3.47%	1,244,592	$17.1M	Add +120.1%
KWEB Kranesh Csi China Internet	2.98%	426,700	$14.6M	Add +304.6%
TSM Taiwan Semiconductor-SP ADR	2.72%	59,066	$13.4M	Reduce -52.1%
SPLV Invesco S&P 500 Low Volatili	2.68%	180,963	$13.2M	Add +6.8%
C Citigroup Inc.	2.17%	125,246	$10.7M	Add +56.3%
GOOGL Alphabet Inc. Class A	2.10%	58,555	$10.3M	Add +15.7%
VTEX Vtex Class A	1.92%	1,427,230	$9.4M	Reduce -14.6%
BABA Alibaba Group Holding-SP ADR	1.85%	80,000	$9.1M	Add +1900.0%
KBWB Invesco KBW Bank ETF	1.75%	120,000	$8.6M	Reduce -9.5%
JPM JPMorgan Chase & Co.	1.69%	28,574	$8.3M	Reduce -31.1%
COF Capital One Financial Corp.	1.64%	37,880	$8.1M	New
INTR Inter & Co. Inc. Class A	1.56%	1,028,854	$7.6M	Add +5048.1%
MELI MercadoLibre Inc.	1.53%	2,871	$7.5M	Reduce -40.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP	1.47%	152,850	$7.2M	Add +162.4%
XP XP Inc. Class A	1.39%	339,000	$6.8M	Reduce -25.6%
XLF SS Financial Select Sector	1.39%	130,000	$6.8M	Reduce -35.0%
PAM Pampa Energia SA-Spon ADR	1.32%	93,583	$6.5M	Add +467.2%
BRK.B Berkshire Hathaway Inc. Class B	1.27%	12,801	$6.2M	Add +227.6%
LPLA LPL Financial Holdings Inc.	1.26%	16,507	$6.2M	New
GOOG Alphabet Inc. Class C	1.21%	33,555	$6.0M	Add +28.8%
UBER Uber Technologies Inc.	1.06%	56,000	$5.2M	Reduce -41.5%
INDA iShares MSCI India ETF	0.91%	80,000	$4.5M	Add +700.0%
ENIC Enel Chile SA-ADR	0.89%	1,209,000	$4.4M	New
URA Global X Uranium ETF	0.74%	93,346	$3.6M	Reduce -23.9%
PAGS Pagseguro Digital Ltd. Class A	0.69%	350,000	$3.4M	Reduce -28.6%
GEV GE Vernova Inc.	0.67%	6,253	$3.3M	Reduce -43.0%
ASHR Xtrackers Harvest Csi 300 CH	0.67%	120,000	$3.3M	Add +6.2%
SOXQ Invesco PHLX Semiconductor	0.61%	68,945	$3.0M	Reduce -6.8%
AVGO Broadcom Inc.	0.57%	10,125	$2.8M	Reduce -56.7%
MRVL Marvell Technology Inc.	0.57%	36,000	$2.8M	New
IBKR Interactive Brokers Gro Class A	0.56%	50,000	$2.8M	New
KKR KKR & Co. Inc.	0.55%	20,239	$2.7M	Add +15.7%
GLOB Globant SA	0.50%	27,000	$2.5M	Add +217.7%
AMD Advanced Micro Devices	0.47%	16,425	$2.3M	New
XLV SS Health Care Select Sector	0.47%	16,987	$2.3M	Add +33.8%
XLRE SS Real Estate Select Sector	0.46%	54,660	$2.3M	Add +28.2%
GDX Vaneck Gold Miners ETF	0.46%	43,350	$2.3M	Reduce -74.8%
XLY SS Consumer Disc Select Sect	0.44%	10,024	$2.2M	Add +24.7%
TGS Transportador Gas-ADR SP B	0.44%	82,657	$2.1M	New
MA Mastercard Inc. Class A	0.43%	3,800	$2.1M	New
BKNG Booking Holdings Inc.	0.43%	367	$2.1M	Reduce -66.1%
F Ford Motor Co. filed as FORD MTR CO	0.43%	195,509	$2.1M	New
FXI iShares China Large-Cap ETF	0.43%	57,406	$2.1M	Reduce -18.3%
ZETA Zeta Global Holdings Corp. Class A	0.38%	121,000	$1.9M	New
EWY iShares MSCI South Korea ETF	0.38%	26,000	$1.9M	Add +550.0%
SLV iShares Silver Trust	0.36%	54,110	$1.8M	Reduce -61.7%
SPYG SS SPDR P S&P 500 Growth ETF	0.32%	16,748	$1.6M	Reduce -35.5%
SMIN iShares MSCI India Small-Cap	0.32%	20,500	$1.6M	Reduce -2.4%
BN Brookfield Corp.	0.31%	24,275	$1.5M	Reduce -80.5%
YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA	0.30%	47,000	$1.5M	Add +13.3%
ESGU iShares ESG Aware MSCI USA	0.29%	10,650	$1.4M	Add +36.5%
DHI D.R. Horton Inc.	0.29%	11,034	$1.4M	New
GDXJ Vaneck Junior Gold Miners	0.28%	20,575	$1.4M	Reduce -68.7%
FOXA Fox Corp. Class A	0.27%	24,000	$1.3M	New
VLRS Controladora Vuela Cia-ADR	0.27%	280,000	$1.3M	Reduce -28.9%
GS Goldman Sachs Group Inc.	0.26%	1,822	$1.3M	Reduce -76.9%
BLK BlackRock Inc.	0.25%	1,170	$1.2M	No change
VLO Valero Energy Corp.	0.24%	8,850	$1.2M	New
HOG Harley-Davidson Inc.	0.24%	50,000	$1.2M	Reduce -50.0%
HAS Hasbro Inc.	0.23%	15,462	$1.1M	New
SPOT Spotify Technology SA	0.23%	1,480	$1.1M	Add +64.6%
NTRA Natera Inc.	0.23%	6,700	$1.1M	Reduce -22.7%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.22%	13,564	$1.1M	New
TGT Target Corp.	0.20%	10,000	$987K	New
PRU Prudential Financial Inc.	0.20%	9,085	$976K	New
DELL Dell Technologies -C	0.20%	7,898	$968K	Reduce -79.4%
OXY Occidental Petroleum Corp.	0.19%	22,800	$958K	New
KMB Kimberly-Clark Corp.	0.19%	7,200	$928K	New
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.18%	9,000	$884K	New
SIL Global X Silver Miners ETF	0.18%	18,059	$869K	Reduce -76.6%
EQT Eqt Corp.	0.16%	13,800	$805K	Add +100.0%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.16%	8,330	$804K	New
HLT Hilton Worldwide Holdings Inc.	0.16%	3,010	$802K	Reduce -28.5%
AR Antero Resources Corp.	0.16%	19,200	$773K	Add +100.0%
TDY Teledyne Technologies Inc.	0.16%	1,500	$768K	Add +85.9%
GGB Gerdau SA -Spon ADR	0.16%	261,800	$764K	Add +329.9%
COPX Global X Copper Miners ETF	0.15%	16,785	$755K	Add +11.6%
IFS Intercorp Financial Services	0.15%	19,700	$751K	Reduce -56.9%
METV Roundhill Ball Metaverse ETF	0.15%	43,850	$747K	Add +3.4%
IBIT iShares Bitcoin Trust ETF	0.15%	12,150	$744K	Add +179.3%
EXE Expand Energy Corp.	0.15%	6,300	$737K	Add +100.0%
DTM DT Midstream Inc.	0.15%	6,700	$736K	New
CSX CSX Corp.	0.15%	22,000	$718K	New
SPGI S&P Global Inc.	0.14%	1,340	$707K	No change
TRGP Targa Resources Corp.	0.13%	3,774	$657K	New
BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU	0.13%	39,400	$647K	New
ARCO Arcos Dorados Holdings Inc. Class A	0.13%	79,700	$629K	Reduce -75.1%
TEVA Teva Pharmaceutical-SP ADR	0.13%	37,131	$622K	No change
ADM Archer-Daniels-Midland Co.	0.13%	11,790	$622K	New
ET Energy Transfer LP	0.13%	34,000	$616K	No change
APA Apa Corp.	0.12%	33,082	$605K	New
AMX America Movil Sab DE CV	0.12%	117,008	$588K	New
DKS Dick's Sporting Goods Inc.	0.11%	2,821	$558K	New
GPRK Geopark Ltd.	0.11%	81,231	$530K	Add +26.9%
TXN Texas Instruments Inc.	0.10%	2,451	$509K	New
PONY Pony AI Inc.	0.10%	38,350	$506K	New
NDAQ Nasdaq Inc.	0.10%	5,500	$492K	No change
CP Canadian Pacific Kansas City	0.10%	6,200	$491K	New
ECH iShares MSCI Chile ETF	0.10%	15,600	$491K	Reduce -61.3%
EXC Exelon Corp.	0.10%	10,989	$477K	New
BLDR Builders Firstsource Inc.	0.10%	4,000	$467K	Reduce -1.2%
FISV Fiserv Inc.	0.09%	2,600	$448K	Add +118.1%
BSAC Banco Santander-Chile-ADR	0.09%	17,300	$436K	Add +1.8%
INTC Intel Corp.	0.09%	19,475	$436K	New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	0.09%	973	$429K	Add +18.2%
FLUT Flutter Entertainment PLC-Di	0.09%	1,500	$429K	Reduce -23.7%
DD Dupont DE Nemours Inc.	0.09%	6,175	$424K	New
BMA Banco Macro SA-ADR	0.08%	5,850	$411K	Reduce -86.3%
MCO Moody's Corp.	0.08%	800	$401K	No change
BRFS BRF SA-ADR	0.08%	106,763	$390K	Add +137.3%
CRM Salesforce Inc.	0.08%	1,423	$388K	Add +26.8%
BAP Credicorp Ltd.	0.08%	1,700	$380K	Reduce -32.0%
LH Labcorp Holdings Inc.	0.07%	1,337	$351K	Reduce -62.8%
XLE SS Energy Select Sector	0.07%	3,776	$320K	Reduce -10.1%
MCHP Microchip Technology Inc.	0.06%	4,500	$317K	New
ADI Analog Devices Inc.	0.06%	1,300	$309K	New
INTU Intuit Inc.	0.06%	390	$307K	New
ON On Semiconductor	0.06%	5,700	$299K	New
BCRX Biocryst Pharmaceuticals Inc.	0.06%	32,751	$293K	New
MCD McDonald's Corp.	0.06%	1,000	$292K	No change
IWO iShares Russell 2000 Growth	0.06%	1,000	$286K	New
TUYA Tuya Inc.	0.06%	120,000	$277K	New
SPY SS SPDR S&P 500 ETF Trust-US	0.06%	444	$274K	Reduce -25.5%
ABEV Ambev SA-ADR	0.06%	112,100	$270K	Reduce -8.0%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC	0.05%	14,000	$248K	New
EC Ecopetrol SA-Sponsored ADR	0.05%	26,740	$237K	New
SUZ Suzano SA - Spon ADR	0.05%	23,706	$223K	Add +46.3%
BAK Braskem SA Class A- ADR	0.04%	65,600	$215K	Add +1.8%
TV Grupo Televisa SA-Spon ADR	0.04%	94,768	$208K	New
BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A	0.04%	12,000	$198K	Reduce -40.0%
VIPS Vipshop Holdings Ltd. - ADR	0.04%	12,000	$181K	New
PBR.A Petroleo Brasil-SP Pref ADR	0.03%	12,900	$149K	New
SUPV Grupo Supervielle SA-SP ADR	0.02%	11,200	$119K	Reduce -89.9%
CIG Cia Energetica DE-Spon ADR	0.02%	60,000	$118K	Reduce -86.4%
SHLS Shoals Technologies Group -A	0.02%	22,843	$97K	New
SSL Sasol Ltd.-Sponsored ADR	0.02%	20,000	$88K	New
BORR Borr Drilling Ltd.	0.02%	44,000	$81K	New
WTI W&T Offshore Inc.	0.01%	39,815	$66K	New
LGO Largo Inc.	0.01%	47,000	$61K	New
EVGO Evgo Inc.	0.01%	11,136	$41K	New
AVAL Grupo Aval Acciones Y Valore	0.01%	11,716	$33K	Reduce -87.4%
GOSS Gossamer Bio Inc.	0.01%	22,009	$27K	New
GPRO Gopro Inc. Class A	0.01%	35,393	$27K	New
IAUX I-80 Gold Corp.	0.01%	42,119	$25K	New
USBC Usbc Inc. filed as KNOW LABS INC	0.00%	11,725	$23K	New
GREENLAND MINES LTD filed as KLOTHO NEUROSCIENCES INC	0.00%	20,495	$23K	New

Options reported separately and not counted above: NU calls ($7K).

Portfolio Sells Q1 2025 → Q2 2025


TSM Taiwan Semiconductor-SP ADR	Reduce -52.1%	2.72%	−2.38
GE General Electric	Sold out	0.00%	−1.63
GDX Vaneck Gold Miners ETF	Reduce -74.8%	0.46%	−1.52
STNE Stoneco Ltd. Class A	Sold out	0.00%	−1.44
BN Brookfield Corp.	Reduce -80.5%	0.31%	−1.32
VIST Vista Energy Sab DE CV	Sold out	0.00%	−1.27
XLF SS Financial Select Sector	Reduce -35.0%	1.39%	−1.10
TIMB Tim SA-ADR	Sold out	0.00%	−1.02
VST Vistra Corp.	Sold out	0.00%	−0.94
JPM JPMorgan Chase & Co.	Reduce -31.1%	1.69%	−0.85
BKNG Booking Holdings Inc.	Reduce -66.1%	0.43%	−0.81
GS Goldman Sachs Group Inc.	Reduce -76.9%	0.26%	−0.81
MELI MercadoLibre Inc.	Reduce -40.2%	1.53%	−0.81
SLV iShares Silver Trust	Reduce -61.7%	0.36%	−0.73
BMA Banco Macro SA-ADR	Reduce -86.3%	0.08%	−0.72
APO Apollo Global Management Inc.	Sold out	0.00%	−0.72
UBER Uber Technologies Inc.	Reduce -41.5%	1.06%	−0.68
DELL Dell Technologies -C	Reduce -79.4%	0.20%	−0.68
TTWO Take-Two Interactive Softwre	Sold out	0.00%	−0.67
GDXJ Vaneck Junior Gold Miners	Reduce -68.7%	0.28%	−0.65
PFE Pfizer Inc.	Sold out	0.00%	−0.63
KLAC KLA Corp.	Sold out	0.00%	−0.61
ARES Ares Management Corp. Class A	Sold out	0.00%	−0.59
SIL Global X Silver Miners ETF	Reduce -76.6%	0.18%	−0.58
NFLX Netflix Inc.	Sold out	0.00%	−0.58
KOF Coca-Cola Femsa Sab-SP ADR	Sold out	0.00%	−0.55
WFC Wells Fargo & Co.	Sold out	0.00%	−0.54
ARCO Arcos Dorados Holdings Inc. Class A	Reduce -75.1%	0.13%	−0.52
CTRA Coterra Energy Inc.	Sold out	0.00%	−0.51
CEPU Central Puerto-Sponsored ADR	Sold out	0.00%	−0.50
GLD SPDR Gold Shares	Sold out	0.00%	−0.42
IXN iShares Global Tech ETF	Sold out	0.00%	−0.41
DRS Leonardo DRS Inc.	Sold out	0.00%	−0.41
AVGO Broadcom Inc.	Reduce -56.7%	0.57%	−0.41
HOG Harley-Davidson Inc.	Reduce -50.0%	0.24%	−0.39
JD Jd.com Inc.-ADR	Sold out	0.00%	−0.39
SUPV Grupo Supervielle SA-SP ADR	Reduce -89.9%	0.02%	−0.34
OMAB Grupo Aeroportuario Cen-ADR	Sold out	0.00%	−0.33
KBWB Invesco KBW Bank ETF	Reduce -9.5%	1.75%	−0.33
CDNS Cadence Design SYS Inc.	Sold out	0.00%	−0.29
WST West Pharmaceutical Services	Sold out	0.00%	−0.27
VRT Vertiv Holdings Co. Class A	Sold out	0.00%	−0.26
PAGS Pagseguro Digital Ltd. Class A	Reduce -28.6%	0.69%	−0.25
VLRS Controladora Vuela Cia-ADR	Reduce -28.9%	0.27%	−0.24
SPYI Neos S&P 500 High Income ETF	Sold out	0.00%	−0.24
IFS Intercorp Financial Services	Reduce -56.9%	0.15%	−0.23
EDN Emp Distrib Y Comerc Nor-ADR	Sold out	0.00%	−0.22
NXE Nexgen Energy Ltd.	Sold out	0.00%	−0.21
TCOM Trip.com Group Ltd.-ADR	Sold out	0.00%	−0.21
ECH iShares MSCI Chile ETF	Reduce -61.3%	0.10%	−0.20

Portfolio Buys Q1 2025 → Q2 2025


NVDA Nvidia Corp.	Add +83.2%	6.26%	+3.38
QQQ Invesco QQQ Trust Series 1	Add +505.1%	4.09%	+3.38
GGAL Grupo Financiero Galicia-ADR	Add +198.3%	5.00%	+2.78
KWEB Kranesh Csi China Internet	Add +304.6%	2.98%	+2.06
NU Nu Holdings Ltd./Cayman Isl-A	Add +120.1%	3.47%	+2.03
META Meta Platforms Inc. Class A	Add +29.0%	6.94%	+1.79
BABA Alibaba Group Holding-SP ADR	Add +1900.0%	1.85%	+1.71
COF Capital One Financial Corp.	New	1.64%	+1.64
INTR Inter & Co. Inc. Class A	Add +5048.1%	1.56%	+1.53
LPLA LPL Financial Holdings Inc.	New	1.26%	+1.26
AMZN Amazon.com Inc.	Add +37.1%	4.70%	+1.05
PAM Pampa Energia SA-Spon ADR	Add +467.2%	1.32%	+1.00
ENIC Enel Chile SA-ADR	New	0.89%	+0.89
MSFT Microsoft Corp.	Add +17.8%	4.04%	+0.87
BAC Bank of America Corp.	Add +162.4%	1.47%	+0.87
INDA iShares MSCI India ETF	Add +700.0%	0.91%	+0.78
C Citigroup Inc.	Add +56.3%	2.17%	+0.75
BRK.B Berkshire Hathaway Inc. Class B	Add +227.6%	1.27%	+0.75
MRVL Marvell Technology Inc.	New	0.57%	+0.57
IBKR Interactive Brokers Gro Class A	New	0.56%	+0.56
AMD Advanced Micro Devices	New	0.47%	+0.47
TGS Transportador Gas-ADR SP B	New	0.44%	+0.44
MA Mastercard Inc. Class A	New	0.43%	+0.43
F Ford Motor Co.	New	0.43%	+0.43
ZETA Zeta Global Holdings Corp. Class A	New	0.38%	+0.38
EWY iShares MSCI South Korea ETF	Add +550.0%	0.38%	+0.33
DHI D.R. Horton Inc.	New	0.29%	+0.29
FOXA Fox Corp. Class A	New	0.27%	+0.27
GLOB Globant SA	Add +217.7%	0.50%	+0.25
VLO Valero Energy Corp.	New	0.24%	+0.24
HAS Hasbro Inc.	New	0.23%	+0.23
EL Estee Lauder Companies Class A	New	0.22%	+0.22
TGT Target Corp.	New	0.20%	+0.20
PRU Prudential Financial Inc.	New	0.20%	+0.20
GOOG Alphabet Inc. Class C	Add +28.8%	1.21%	+0.20
OXY Occidental Petroleum Corp.	New	0.19%	+0.19
KMB Kimberly-Clark Corp.	New	0.19%	+0.19
SJM The JM Smucker Co.	New	0.18%	+0.18
TROW T Rowe Price Group Inc.	New	0.16%	+0.16
DTM DT Midstream Inc.	New	0.15%	+0.15
GOOGL Alphabet Inc. Class A	Add +15.7%	2.10%	+0.15
CSX CSX Corp.	New	0.15%	+0.15
TRGP Targa Resources Corp.	New	0.13%	+0.13
BVN Cia DE Minas Buenaventur-ADR	New	0.13%	+0.13
ADM Archer-Daniels-Midland Co.	New	0.13%	+0.13
APA Apa Corp.	New	0.12%	+0.12
AMX America Movil Sab DE CV	New	0.12%	+0.12
DKS Dick's Sporting Goods Inc.	New	0.11%	+0.11
GGB Gerdau SA -Spon ADR	Add +329.9%	0.16%	+0.11
SPOT Spotify Technology SA	Add +64.6%	0.23%	+0.11

Options Activity Q1 2025 → Q2 2025


TSLA Tesla Inc.	put	Sold out	10,000	$920Kbefore exit
GE General Electric	put	Sold out	42,500	$472Kbefore exit
DELL Dell Technologies -C	put	Sold out	40,000	$380Kbefore exit
AVGO Broadcom Inc.	put	Sold out	10,000	$268Kbefore exit
KWEB Kranesh Csi China Internet	put	Sold out	330,000	$267Kbefore exit
BABA Alibaba Group Holding-SP ADR	put	Sold out	60,000	$219Kbefore exit
NVDA Nvidia Corp.	put	Sold out	15,000	$209Kbefore exit
JD Jd.com Inc.-ADR	put	Sold out	80,000	$168Kbefore exit
GOOG Alphabet Inc. Class C	put	Sold out	10,000	$144Kbefore exit
VST Vistra Corp.	put	Sold out	12,500	$133Kbefore exit
AMT American Tower Corp.	call	Sold out	13,000	$122Kbefore exit
CTRA Coterra Energy Inc.	put	Sold out	110,400	$116Kbefore exit
NVDA Nvidia Corp.	call	Sold out	195,000	$96Kbefore exit
AAPL Apple Inc.	put	Sold out	10,000	$96Kbefore exit
MU Micron Technology Inc.	call	Sold out	32,500	$85Kbefore exit
TSM Taiwan Semiconductor-SP ADR	call	Sold out	50,000	$68Kbefore exit
WDC Western Digital Corp.	put	Sold out	22,500	$50Kbefore exit
META Meta Platforms Inc. Class A	call	Sold out	10,000	$47Kbefore exit
ADM Archer-Daniels-Midland Co.	call	Sold out	20,000	$47Kbefore exit
WMT Walmart Inc.	call	Sold out	10,000	$41Kbefore exit
AFL Aflac Inc.	put	Sold out	26,500	$39Kbefore exit
COP Conocophillips	put	Sold out	17,500	$19Kbefore exit
UBER Uber Technologies Inc.	call	Sold out	12,500	$17Kbefore exit
D Dominion Energy Inc.	put	Sold out	17,500	$11Kbefore exit
NU Nu Holdings Ltd./Cayman Isl-A	call	New	14,000	$7K
GDX Vaneck Gold Miners ETF	put	Sold out	84,000	$6Kbefore exit
IVZ Invesco Ltd.	call	Sold out	30,000	$5Kbefore exit
AMZN Amazon.com Inc.	call	Sold out	30,000	$4Kbefore exit
MSFT Microsoft Corp.	call	Sold out	20,000	$4Kbefore exit
GOOGL Alphabet Inc. Class A	call	Sold out	30,000	$3Kbefore exit
WBA Walgreens Boots Alliance Inc.	put	Sold out	26,000	$780before exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	136	$751.6M	SPY, HYG, VOO, IWM, EWW
Q1 2026	102	$512.6M	HYG, SPY, EWW, VOO, IWM
Q4 2025	158	$564.5M	NVDA, META, MSFT, TSM, AMZN
Q3 2025	152	$684.1M	JBS, META, MSFT, NVDA, AMZN
Q2 2025	153	$491.5M	META, NVDA, GGAL, SBS, AMZN
Q1 2025	157	$400.8M	META, TSM, SBS, AMZN, MSFT
Q4 2024	151	$427.0M	NVDA, TSM, META, AMZN, MSFT
Q3 2024	129	$384.5M	TSM, META, MSFT, NVDA, HOG
Q2 2024	127	$391.3M	MELI, AMZN, TSM, STNE, SIX
Q1 2024	134	$321.2M	XP, URA, TSM, SBS, SPLV