XP Inc. Class AXP

13F holders, Q3 2024 (September 30)
292holders +27
77new positions
51sold out
10famous investors
$17.94avg. 13F price*

At the end of Q3 2024, 292 institutions reported holding XP Inc. Class A (XP) in their 13F filings, up 27 from Q2 2024. 77 opened new positions and 51 sold out. The largest holders were BlackRock, Inc. ($779.9M), Dodge & Cox ($625.4M) and Capital World Investors ($549.1M). 10 famous investors held it, including Howard Marks (0.2% of Oaktree Capital Management's portfolio), David E. Shaw (0.1% of D. E. Shaw & Co.'s portfolio) and Ron Baron (0.1% of Baron Capital (BAMCO)'s portfolio).

Company
XP Inc. Class A
CUSIP
G98239109
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q1 2024: 298Q1 2024Q2 2024: 265Q2 2024Q3 2024: 292Q3 2024Q4 2024: 294Q4 2024Q1 2025: 296Q1 2025Q2 2025: 313Q2 2025Q3 2025: 328Q3 2025Q4 2025: 343Q4 2025Q1 2026: 359Q1 2026Q2 2026: 320Q2 2026

Total Exit/New Position Q2 2024 → Q3 2024

InstitutionsTotal Value
New Positions77$379.8M
Exits51$202.7M

All 13F filers, Q2 2024 → Q3 2024: 64,184,913 shares bought and 54,739,186 shares sold, net +9,445,727 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 292 holders

BlackRock, Inc. 0.02% — 43,470,134 $779.9M
Dodge & Cox 0.35% Add +1.5% 34,861,745 $625.4M
Capital World Investors 0.09% Add +6.5% 30,606,282 $549.1M
General Atlantic, L.P. 15.11% No change 29,617,733 $531.3M
Mawer Investment Management Ltd. 2.14% Add +34.4% 26,234,383 $470.6M
Squadra Investments - Gestao DE Recursos Ltda. 57.41% Reduce -1.8% 12,082,836 $216.8M
FMR LLC 0.01% Reduce -35.7% 10,590,681 $190.0M
FIL Ltd 0.16% New 9,889,772 $177.4M
Vanguard Group Inc. 0.00% Add +36.3% 9,098,981 $163.2M
State Street Corp. 0.01% Add +107.1% 8,768,675 $157.3M
Sands Capital Management, LLC 0.47% Reduce -2.8% 8,705,724 $156.2M
Canada Pension Plan Investment Board 0.14% Add +1.6% 8,324,262 $149.3M
Atmos Capital Gestao DE Recursos Ltda. 18.19% Add +62.5% 7,101,111 $127.4M
Bank of America Corp. 0.01% Add +158.6% 5,110,306 $91.7M
Norges Bank 0.01% Add +13.4% 4,899,158 $87.9M
Marshall Wace, LLP 0.11% Add +19.5% 4,513,027 $81.0M
Fisher Asset Management 0.03% Add +64.6% 4,461,267 $80.0M
Geode Capital Management, LLC 0.01% Add +83.3% 4,397,967 $78.6M
Bank of New York Mellon Corp 0.01% Add +5.8% 4,366,556 $78.3M
Morgan Stanley 0.01% Add +43.4% 4,331,854 $77.7M
Wellington Management Group LLP 0.01% Reduce -1.4% 4,330,839 $77.7M
Seafarer Capital Partners, LLC 18.50% Add +4.3% 3,605,000 $64.7M
D. E. Shaw & Co. 0.08% Add +4.0% 3,192,121 $57.3M
Alkeon Capital Management LLC 0.26% Reduce -0.1% 2,612,443 $46.9M
Ninety One UK Ltd 0.12% Reduce -1.1% 2,534,435 $45.5M
Millennium Management 0.04% Reduce -59.9% 2,532,408 $45.4M
JPMorgan Chase & Co. 0.00% Add +1104.0% 2,526,214 $45.3M
Legal & General Group Plc 0.01% Add +597.5% 2,386,144 $42.8M
Nuveen Asset Management, LLC 0.01% Reduce -0.9% 2,310,110 $41.4M
Sharp Capital Gestora de Recursos Ltda. 33.66% Reduce -2.0% 2,210,874 $39.7M
Citigroup Inc. 0.04% Add +564.9% 2,102,177 $37.7M
Absoluto Partners Gestao de Recursos Ltda 23.45% Add +100.0% 1,739,138 $31.2M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% Add +384.0% 1,697,264 $30.4M
Baron Capital (BAMCO) 0.08% Reduce -18.1% 1,622,997 $29.1M
Voloridge Investment Management, LLC 0.10% Reduce -20.3% 1,598,969 $28.7M
Goldman Sachs Group Inc. 0.01% Add +102.6% 1,597,912 $28.7M
Jennison Associates LLC 0.02% Add +83.7% 1,509,578 $27.1M
Truxt Investmentos Ltda. 16.64% Add +36.5% 1,378,658 $24.7M
Man Group plc 0.07% Add +30.8% 1,328,460 $23.8M
INCA Investments LLC 10.10% No change 1,319,150 $23.7M
Ameriprise Financial Inc. 0.01% Add +1.9% 1,218,951 $21.4M
Northern Trust Corp. 0.00% Add +28.3% 1,058,364 $19.0M
Twinbeech Capital LP 0.36% New 1,043,342 $18.7M
Nordea Investment Management AB 0.02% Reduce -32.1% 997,876 $18.0M
Swiss National Bank 0.01% New 842,464 $15.1M
Manufacturers Life Insurance Company, The 0.01% Add +2823.3% 837,603 $15.0M
Armor Advisors, L.L.C. 12.16% Reduce -9.9% 815,760 $14.6M
Sumitomo Mitsui Trust Group, Inc. 0.01% New 787,651 $14.1M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.08% New 784,900 $14.1M
California Public Employees Retirement System 0.01% Add +5.7% 745,868 $13.4M
SPX Gestao de Recursos Ltda 1.76% New 734,861 $13.2M
Janney Montgomery Scott LLC 0.03% Add +9.4% 654,557 $11.7M
Itau Unibanco Holding S.A. 0.34% New 583,671 $10.5M
Trexquant Investment LP 0.13% New 566,370 $10.2M
Sei Investments Co. 0.01% Reduce -11.5% 560,747 $10.1M
Fourth Sail Capital LP 2.52% New 558,900 $10.0M
Sustainable Growth Advisers, LP 0.04% Reduce -56.2% 549,954 $9.9M
Earnest Partners LLC 0.04% Reduce -1.3% 536,104 $9.6M
Oaktree Capital Management 0.17% New 510,764 $9.2M
Cubist Systematic Strategies, LLC 0.14% Add +1.1% 497,452 $8.9M
Deutsche Bank AG 0.00% Add +483.5% 476,251 $8.5M
Robeco Institutional Asset Management B.V. 0.02% Add +75.5% 476,147 $8.5M
Amundi 0.00% Add +32817.4% 460,186 $8.1M
Russell Investments Group, Ltd. 0.01% Add +33.3% 420,565 $7.5M
Rhumbline Advisers 0.01% Add +16.1% 414,420 $7.4M
JARISLOWSKY, FRASER Ltd 0.04% Add +9.4% 376,523 $6.8M
Invesco Ltd. 0.00% Reduce -74.5% 364,438 $6.5M
Engineers Gate Manager LP 0.12% New 342,652 $6.1M
Voya Investment Management LLC 0.01% Reduce -4.4% 332,053 $6.0M
Public Sector Pension Investment Board 0.03% New 316,900 $5.7M
Acadian Asset Management LLC 0.02% New 316,132 $5.7M
Handelsbanken Fonder AB 0.02% Reduce -20.5% 313,731 $5.6M
Mitsubishi UFJ Asset Management Co., Ltd. 0.01% New 301,105 $5.4M
Pictet Asset Management Holding SA 0.01% New 269,379 $4.8M
Loomis Sayles & Co. L P 0.01% No change 264,782 $4.8M
New York State Common Retirement Fund 0.01% Reduce -14.4% 249,347 $4.5M
Charles Schwab Investment Management Inc. 0.00% Reduce -24.7% 248,893 $4.5M
Aviva PLC 0.01% New 246,900 $4.4M
Envestnet Asset Management Inc. 0.00% Reduce -52.2% 238,896 $4.3M
UBS Group AG 0.00% Add +269.1% 231,388 $4.2M
Kapitalo Investimentos Ltda 0.99% No change 225,664 $4.0M
Treasurer of the State of North Carolina 0.02% Add +3.7% 224,016 $4.0M
Sagil Capital LLP 3.93% New 215,000 $3.9M
Absolute Gestao de Investimentos Ltda. 1.30% New 213,892 $3.8M
Natixis 0.02% New 212,396 $3.8M
Schroder Investment Management Group 0.00% Reduce -97.0% 200,225 $3.6M
Meritage Portfolio Management 0.21% Reduce -4.3% 189,864 $3.4M
State Board of Administration of Florida Retirement System 0.01% No change 188,867 $3.4M
Barings LLC 0.08% New 180,900 $3.2M
Mitsubishi UFJ Trust & Banking Corp 0.01% Add +48.3% 178,852 $3.2M
Grandeur Peak Global Advisors, LLC 0.26% No change 176,192 $3.2M
Penserra Capital Management LLC 0.07% Reduce -7.7% 174,396 $3.1M
Public Employees Retirement System of Ohio 0.01% New 173,630 $3.1M
Bank of Nova Scotia 0.01% Reduce -52.0% 168,152 $3.0M
Jane Street Group, LLC 0.00% Reduce -96.0% 155,247 $2.8M
First Trust Advisors LP 0.00% Add +20.1% 149,425 $2.7M
Harding Loevner LP 0.02% Reduce -99.0% 148,706 $2.7M
Alliancebernstein L.P. 0.00% Add +1.6% 143,979 $2.6M
Korea Investment CORP 0.01% New 139,000 $2.5M
Point72 Asset Management 0.01% Add +139.9% 135,070 $2.4M
Teacher Retirement System of Texas 0.01% New 126,669 $2.3M
T. Rowe Price Associates Inc. 0.00% Add +26.2% 124,202 $2.2M
Franklin Resources Inc. 0.00% Add +136.4% 117,251 $2.1M
Osaic Holdings, Inc. 0.00% Add +34.4% 111,508 $2.0M
National Pension Service 0.00% New 108,200 $1.9M
Bayesian Capital Management, LP 0.22% Add +81.9% 106,600 $1.9M
Resona Asset Management Co.,Ltd. 0.01% New 104,332 $1.9M
Verde Servicos Internacionais S.A. 0.82% Add +394.9% 98,990 $1.8M
Centiva Capital, LP 0.08% New 97,036 $1.7M
American Century Companies Inc. 0.00% Reduce -68.2% 92,256 $1.7M
GMO 0.01% New 91,200 $1.6M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% New 91,010 $1.6M
KBC Group NV 0.00% New 90,562 $1.6M
Squarepoint Ops LLC 0.01% Reduce -85.6% 90,550 $1.6M
Jump Financial, LLC 0.03% Add +130.6% 88,000 $1.6M
Capital Fund Management S.A. 0.02% Reduce -39.3% 86,678 $1.6M
Federation des caisses Desjardins du Quebec 0.01% Add +0.6% 82,912 $1.5M
HSBC Holdings PLC 0.00% Add +460.7% 79,852 $1.4M
Royal Bank of Canada 0.00% Reduce -44.4% 78,821 $1.4M
Caisse de depot et placement du Quebec 0.00% Add +494.6% 76,700 $1.4M
Two Sigma Investments, LP 0.00% New 76,077 $1.4M
Teza Capital Management LLC 0.15% Reduce -58.0% 75,583 $1.4M
BTG Pactual Asset Management US LLC 0.19% Reduce -50.1% 74,028 $1.3M
Brevan Howard Capital Management LP 0.06% New 72,642 $1.3M
GTS Securities LLC 0.03% Add +195.1% 72,552 $1.3M
Tidal Investments LLC 0.01% New 69,850 $1.3M
Nebula Research & Development LLC 0.15% Add +382.3% 68,720 $1.2M
Walleye Capital LLC 0.01% Add +357.3% 68,599 $1.2M
L2 Asset Management, LLC 0.32% Add +18.6% 65,674 $1.2M
Barclays PLC 0.00% Reduce -2.4% 65,465 $1.2M
Exchange Traded Concepts, LLC 0.03% No change 64,767 $1.2M
Diversified Trust Co. 0.03% New 64,462 $1.2M
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% New 56,200 $1.0M
Qsemble Capital Management, LP 0.17% New 51,926 $932K
Strategic Global Advisors, LLC 0.18% New 51,624 $926K
Seven Eight Capital, LP 0.08% New 49,759 $893K
Walleye Trading LLC 0.02% Reduce -59.9% 49,584 $890K
APG Asset Management N.V. 0.01% New 55,300 $889K
Cloverfields Capital Group, LP 0.28% Reduce -14.9% 49,154 $882K
Global Endowment Management, LP 0.09% New 49,154 $882K
Banco BTG Pactual S.A. 0.22% Reduce -92.3% 47,246 $848K
Mangrove Partners Im, LLC 0.08% New 46,377 $832K
Asset Management One Co., Ltd. 0.00% New 45,772 $821K
Nomura Asset Management Co. Ltd. 0.00% Add +3971.4% 42,750 $767K
Marshall Financial Group, LLC 0.18% Add +4.4% 42,160 $756K
Creative Planning 0.00% Add +67.3% 42,115 $756K
Stifel Financial Corp. 0.00% Reduce -8.2% 41,314 $741K
Cetera Investment Advisers 0.00% Add +9.1% 40,249 $722K
Ossiam 0.01% Add +161.5% 38,582 $692K
Raymond James Financial Services Advisors, Inc. 0.00% Add +158.3% 38,321 $687K
Oaktree Fund Advisors, LLC 0.77% New 37,807 $678K
Weiss Asset Management LP 0.02% New 37,636 $675K
VPR Management LLC 0.23% No change 37,068 $665K
nVerses Capital, LLC 0.30% New 36,300 $651K
Oak Thistle LLC 0.20% Add +20.8% 34,023 $610K
Magnetar Financial LLC 0.02% Reduce -6.4% 33,967 $609K
Verition Fund Management LLC 0.00% Reduce -91.4% 33,273 $597K
PDT Partners, LLC 0.05% New 32,738 $587K
Prudential Financial Inc. 0.00% Add +86.2% 32,241 $578K
Credit Agricole S A 0.00% Add +20.7% 30,080 $540K
California State Teachers Retirement System 0.00% Add +0.6% 29,957 $537K
Macquarie Group Ltd. 0.00% New 29,739 $534K
Citadel Advisors 0.00% Reduce -72.1% 28,977 $520K
Healthcare of Ontario Pension Plan Trust Fund 0.00% New 28,523 $512K
Gulf International Bank (UK) Ltd 0.01% New 28,341 $508K
DNB Asset Management AS 0.00% New 28,166 $505K
Legacy Wealth Asset Management, LLC 0.13% Add +1.2% 27,744 $498K
Park Avenue Securities LLC 0.01% Add +10.5% 27,643 $496K
Susquehanna International Group, LLP 0.00% Reduce -98.4% 27,339 $490K
Principal Financial Group Inc. 0.00% Reduce -10.6% 27,141 $487K
Danske Bank A/S 0.00% New 26,600 $477K
Tudor Investment Corporation 0.01% New 26,409 $474K
Two Sigma Advisers, LP 0.00% Reduce -95.0% 25,628 $460K
Ethic Inc. 0.01% Add +6.3% 17,777 $456K
Stratos Wealth Partners, LTD. 0.01% Add +13.1% 24,236 $435K
Raymond James & Associates 0.00% Add +11.0% 23,806 $427K
Kestra Private Wealth Services, LLC 0.01% Add +14.1% 23,670 $425K
Maryland State Retirement & Pension System 0.01% Reduce -26.6% 23,319 $418K
Amalgamated Bank 0.00% Reduce -69.3% 22,239 $399K
Skandinaviska Enskilda Banken AB (publ) 0.00% New 22,100 $396K
AQR Capital Management 0.00% Reduce -6.0% 22,066 $396K
Utah Retirement Systems 0.00% No change 21,900 $393K
Tandem Capital Management Corp. 0.20% Reduce -11.4% 20,956 $376K
Wells Fargo & Company 0.00% Reduce -30.1% 20,356 $365K
DRW Securities, LLC 0.02% New 20,031 $359K
Xponance LLC 0.00% Add +4.3% 19,983 $358K
Quantbot Technologies LP 0.01% Reduce -46.4% 19,698 $353K
Private Advisor Group, LLC 0.00% Add +1.4% 19,618 $352K
Kestra Advisory Services, LLC 0.00% Reduce -7.5% 19,413 $348K
Malaga Cove Capital, LLC 0.13% New 18,557 $333K
Sumitomo Mitsui DS Asset Management Company, Ltd 0.00% New 18,222 $327K
Yousif Capital Management, LLC 0.00% Add +63.6% 17,999 $323K
Prudential PLC 0.00% New 17,911 $321K
Boothbay Fund Management, LLC 0.01% Reduce -21.7% 17,745 $318K
Axq Capital, LP 0.10% New 17,731 $318K
MML Investors Services, LLC 0.00% Add +2.1% 17,721 $318K
Financial Advocates Investment Management 0.02% Add +6.3% 17,343 $311K
Harvest Investment Services, LLC 0.10% Reduce -3.7% 16,576 $297K
Schonfeld Strategic Advisors LLC 0.00% Reduce -94.9% 16,550 $297K
Wealth Enhancement Advisory Services, LLC 0.00% Add +20.6% 16,365 $294K
STRS Ohio 0.00% No change 16,161 $290K
Outlook Wealth Advisors, LLC 0.08% Add +19.2% 16,152 $290K
Bridgefront Capital, LLC 0.11% Reduce -59.7% 15,975 $287K
Assenagon Asset Management S.A. 0.00% New 15,931 $286K
LBP Am SA 0.00% New 15,223 $273K
Oppenheimer Asset Management Inc. 0.00% Reduce -80.5% 15,217 $273K
Sterling Capital Management LLC 0.00% — 14,733 $264K
Aberdeen Group plc 0.00% New 14,076 $254K
Alaska Permanent Fund Corp 0.00% No change 13,530 $243K
Applied Finance Capital Management, LLC 0.01% No change 13,215 $237K
LPL Financial LLC 0.00% New 12,693 $228K
Baader Bank Aktiengesellschaft 0.02% Add +0.1% 12,517 $224K
Atria Investments, Inc 0.00% Reduce -30.9% 12,275 $220K
PEAK6 Investments LLC 0.01% New 12,037 $216K
Numerai GP LLC 0.06% Reduce -55.3% 11,666 $209K
US Bancorp \de 0.00% Reduce -85.5% 11,510 $206K
Guggenheim Capital LLC 0.00% New 11,320 $203K
SG Americas Securities, LLC 0.00% New 11,053 $198K
Cigna Investments Inc. 0.03% New 10,549 $190K
Truist Financial Corp. 0.00% Reduce -66.2% 10,579 $190K
Banco Santander, S.A. 0.00% No change 10,108 $181K
Hyperion Capital Advisors LP 0.08% No change 10,000 $179K
Atria Wealth Solutions, Inc. 0.00% New 10,000 $179K
State of Wyoming 0.02% Add +614.1% 9,497 $170K
MetLife Investment Management, LLC 0.00% Reduce -2.1% 9,022 $162K
Covestor Ltd 0.09% Add +13.3% 8,343 $150K
Quarry LP 0.05% Add +51.3% 8,307 $149K
Signaturefd, LLC 0.00% Add +15.0% 7,696 $138K
Storebrand Asset Management As 0.00% Reduce -32.0% 5,202 $93K
Tower Research Capital LLC (TRC) 0.00% Reduce -95.5% 5,018 $90K
Quadrant Capital Group LLC 0.01% Reduce -27.3% 4,948 $89K
PNC Financial Services Group, Inc. 0.00% Reduce -29.4% 4,689 $84K
Principal Securities, Inc. 0.00% Add +17.5% 3,747 $67K
Corebridge Financial, Inc. 0.00% Reduce -3.2% 3,522 $63K
Group One Trading LLC 0.00% New 3,350 $60K
Global Retirement Partners, LLC 0.00% Add +19.0% 3,214 $58K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +2.3% 2,771 $50K
Lazard Asset Management LLC 0.00% New 2,813 $50K
Leonteq Securities AG 0.01% Reduce -28.2% 2,586 $46K
Grove Bank & Trust 0.01% Add +9.4% 2,086 $37K
Parallel Advisors, LLC 0.00% Add +180.9% 1,961 $35K
Provida Pension Fund Administrator 0.00% No change 1,858 $33K
EverSource Wealth Advisors, LLC 0.00% Reduce -31.9% 1,723 $31K
Smartleaf Asset Management LLC 0.00% Add +78.9% 1,546 $28K
Lindbrook Capital, LLC 0.00% Add +24.2% 1,453 $26K
GAMMA Investing LLC 0.00% Add +8.6% 1,423 $26K
Cwm, LLC 0.00% Add +694.6% 1,168 $21K
NewEdge Advisors, LLC 0.00% No change 1,003 $18K
Allspring Global Investments Holdings, LLC 0.00% Reduce -15.9% 927 $17K
Brooklyn Investment Group 0.01% New 895 $16K
TD Private Client Wealth LLC 0.00% Reduce -76.8% 861 $15K
Blue Trust, Inc. 0.00% Add +157.7% 755 $13K
Quent Capital, LLC 0.00% No change 740 $13K
Farther Finance Advisors, LLC 0.00% Add +121.6% 636 $11K
Pinnacle Bancorp, Inc. 0.00% No change 592 $11K
First Horizon Advisors, Inc. 0.00% Reduce -57.9% 584 $10K
Hilltop National Bank 0.00% No change 583 $10K
Venturi Wealth Management, LLC 0.00% New 534 $10K
Fifth Third Bancorp 0.00% Reduce -99.1% 376 $7K
Huntington National Bank 0.00% Add +2200.0% 345 $6K
Allworth Financial LP 0.00% Add +39.4% 230 $4K
Geneos Wealth Management Inc. 0.00% New 223 $4K
Johnson Financial Group, Inc. 0.00% No change 205 $4K
Investors Research Corp 0.00% No change 204 $4K
Rakuten Securities, Inc. 0.00% Reduce -68.0% 202 $4K
UMB Bank, n.a. 0.00% Reduce -89.1% 168 $3K
FinTrust Capital Advisors, LLC 0.00% Reduce -52.4% 158 $3K
Wilmington Savings Fund Society, FSB 0.00% New 111 $2K
National Bank of Canada 0.00% Reduce -99.8% 108 $2K
CIBC Private Wealth Group LLC 0.00% Reduce -70.9% 107 $2K
Activest Wealth Management 0.00% No change 105 $2K
Park Place Capital Corp 0.00% No change 103 $2K
Parkside Financial Bank & Trust 0.00% Add +16.2% 86 $2K
Jaffetilchin Investment Partners, LLC 0.00% New 83 $1K
IFP Advisors, Inc 0.00% Reduce -7.1% 78 $1K
Bell Investment Advisors, Inc 0.00% No change 69 $1K
Operose Advisors LLC 0.00% No change 61 $1K
Abich Financial Wealth Management LLC 0.00% Reduce -98.6% 59 $1K
Assetmark, Inc. 0.00% Reduce -50.0% 53 $951
MassMutual Private Wealth & Trust, FSB 0.00% Add +284.6% 50 $897
MV Capital Management, Inc. 0.00% Add +77.8% 48 $862
Creekmur Asset Management LLC 0.00% No change 39 $700
Kayne Anderson Rudnick Investment Management LLC 0.00% Reduce -20.8% 38 $685
Mather Group, Llc. 0.00% Reduce -95.8% 38 $681
Earned Wealth Advisors, LLC 0.00% New 15 $269
Arax Advisory Partners 0.00% New 14 $252
Rothschild Investment LLC 0.00% New 10 $179
JFS Wealth Advisors, LLC 0.00% No change 6 $108
Larson Financial Group LLC 0.00% New 4 $72
Hollencrest Capital Management 0.00% No change 3 $54
Kimelman & Baird, LLC 0.00% No change 3 $54
CGC Financial Services, LLC 0.00% No change 1 $18

"% of holder's portfolio" is XP's weight in each manager's 13F, not the share of XP Inc. Class A the manager owns.