SPX Equities Gestao de Recursos Ltda
13F Reported Value
ⓘ$1.2B
incl. option notional
Equity Holdings
ⓘ$1.2B
Option Notional
ⓘ$4.1M
$3.6M puts / $478,584 calls
Holdings
82
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
SPX Equities Gestao de Recursos Ltda disclosed 82 positions worth $1.2B in its Form 13F-HR for Q1 2026 — $1.2B in common stock plus $4.1M of put/call option positions (reported at underlying notional value, not premium at risk). During the quarter the fund opened 31 new positions and exited 21. The portfolio is most concentrated in Other (28.2% of disclosed assets). All figures are sourced directly from SPX Equities Gestao de Recursos Ltda’s Form 13F-HR filing with the SEC under CIK 1589176.
AI Fund Analysis
Stable
$STNE
$VALE
$VINP
$ARCO
$GRND
$CORZ
$PGY
$CIG
$BSBRSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
PETROLEO BRASILEIRO SA PETRO
—Quality
$128.9M6,874,705 shSTATE STREET CONSUMER STAPLES
—Quality
$120.2M1,466,111 sh- —
Quality
$109.1M7,728,014 sh - —
Quality
$88.1M5,539,608 sh ISHARES MSCI CHN
—Quality
$54.6M972,000 sh- —
Quality
$49.3M4,672,173 sh - —
Quality
$49.1M5,949,286 sh - 90.2
Quality
$45.9M263,200 sh - —
Quality
$43.6M881,976 sh - —
Quality
$40.3M11,051,974 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| PETROLEO BRASILEIRO SA PETRO | — | $128.9M | 6,874,705 |
| STATE STREET CONSUMER STAPLES | — | $120.2M | 1,466,111 |
| StoneCo Ltd.$STNE | — | $109.1M | 7,728,014 |
| Vale S.A.$VALE | — | $88.1M | 5,539,608 |
| ISHARES MSCI CHN | — | $54.6M | 972,000 |
| Vinci Compass Investments Ltd.$VINP | — | $49.3M | 4,672,173 |
| Arcos Dorados Holdings Inc.$ARCO | — | $49.1M | 5,949,286 |
 NVIDIA CORP$NVDA | 90.2 | $45.9M | 263,200 |
 LATAM AIRLINES GROUP S.A.$LTM | — | $43.6M | 881,976 |
 South Bow Corp$SOBO | — | $40.3M | 11,051,974 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of SPX Equities Gestao de Recursos Ltda's 82 positions.
Showing top 10 of 82 holdings.
Sector Allocation
Other
$338.0M
Technology
$202.0M
Financials
$181.3M
Energy
$136.2M
Materials
$118.9M
Industrials
$106.4M
Consumer Discretionary
$66.3M
Utilities
$40.2M
Full Holdings — SPX Equities Gestao de Recursos Ltda (Q1 2026)
All 82 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | — | PETROLEO BRASILEIRO SA PETRO | $128.9M | 10.7% | +486% | — |
| 2 | — | STATE STREET CONSUMER STAPLES | $120.2M | 10.0% | NEW | — |
| 3 | $STNE | StoneCo Ltd. | $109.1M | 9.1% | +48% | — |
| 4 | $VALE | Vale S.A. | $88.1M | 7.3% | +1302% | — |
| 5 | — | ISHARES MSCI CHN | $54.6M | 4.5% | NEW | — |
| 6 | $VINP | Vinci Compass Investments Ltd. | $49.3M | 4.1% | +17% | — |
| 7 | $ARCO | Arcos Dorados Holdings Inc. | $49.1M | 4.1% | -21% | — |
| 8 | $NVDA | NVIDIA CORP | $45.9M | 3.8% | +1715% | 90.2 |
| 9 | $LTM | LATAM AIRLINES GROUP S.A. | $43.6M | 3.6% | +169% | — |
| 10 | $SOBO | South Bow Corp | $40.3M | 3.4% | +222% | — |
| 11 |  $NU | Nu Holdings Ltd. | $36.9M | 3.1% | NEW | — |
| 12 |  $PBR | PETROBRAS - PETROLEO BRASILEIRO SA | $36.0M | 3.0% | -65% | — |
| 13 |  $TGS | GAS TRANSPORTER OF THE SOUTH INC | $35.5M | 3.0% | -15% | — |
| 14 |  $INTR | Inter & Co, Inc. | $32.0M | 2.7% | +1059% | — |
| 15 |  $CPA | Copa Holdings, S.A. | $25.5M | 2.1% | -43% | — |
| 16 |  $BAP | CREDICORP LTD | $22.9M | 1.9% | -66% | — |
| 17 |  $XP | XP Inc. | $22.6M | 1.9% | -72% | — |
| 18 |  $EMBJ | EMBRAER S.A. | $21.0M | 1.8% | NEW | — |
| 19 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $20.0M | 1.7% | NEW | — |
| 20 | — | ISHARES MSCI BRAZIL ETF | $18.9M | 1.6% | NEW | — |
| 21 |  $BP | BP PLC | $16.7M | 1.4% | -32% | — |
| 22 |  $GGB | GERDAU S.A. | $15.4M | 1.3% | -13% | — |
| 23 |  $PAM | Pampa Energy Inc. | $14.5M | 1.2% | NEW | — |
| 24 |  $AMZN | AMAZON COM INC | $13.0M | 1.1% | +93% | 74.6 |
| 25 |  $SN | SharkNinja, Inc. | $11.0M | 0.9% | +0% | — |
| 26 |  $ELPC | ENERGY CO OF PARANA | $10.8M | 0.9% | -2% | — |
| 27 |  $AA | Alcoa Corp | $10.3M | 0.9% | NEW | 66.2 |
| 28 |  $TEO | TELECOM ARGENTINA SA | $8.6M | 0.7% | NEW | — |
| 29 |  $CPAY | CORPAY, INC. | $8.5M | 0.7% | +0% | 67.1 |
| 30 | — | AXIA ENERGIA SA | $7.3M | 0.6% | -2% | — |
| 31 | — | VANECK OIL SERVICES ETF | $6.7M | 0.6% | NEW | — |
| 32 |  $CEPU | CENTRAL PUERTO S.A. | $6.1M | 0.5% | NEW | — |
| 33 |  $EVEX | Eve Holding, Inc. | $5.7M | 0.5% | -19% | — |
| 34 | $GRND | Grindr Inc. | $5.5M | 0.5% | +13% | 72.8 |
| 35 |  $SBS | COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP | $5.4M | 0.5% | -49% | — |
| 36 |  $SHEL | Shell plc | $4.9M | 0.4% | NEW | — |
| 37 |  $META | Meta Platforms, Inc. | $4.9M | 0.4% | +90% | 80.9 |
| 38 |  $RIO | RIO TINTO PLC | $4.5M | 0.4% | -90% | — |
| 39 |  $OWL | BLUE OWL CAPITAL INC. | $4.5M | 0.4% | +0% | 59.4 |
| 40 |  $LUXE | LuxExperience B.V. | $4.2M | 0.3% | +0% | — |
| 41 |  $CEPT | Cantor Equity Partners II, Inc. | $3.3M | 0.3% | +0% | — |
| 42 |  $CTLP | CANTALOUPE, INC. | $3.2M | 0.3% | +0% | 67 |
| 43 | $CORZ | Core Scientific, Inc./tx | $3.1M | 0.3% | +96% | 14 |
| 44 |  $UGP | ULTRAPAR HOLDINGS INC | $2.9M | 0.2% | -11% | — |
| 45 |  $TLN | Talen Energy Corp | $2.4M | 0.2% | -21% | 66.5 |
| 46 | — | PUT - EEM 100 @ 56 EXP 04/17/2026 | $2.3M | — | NEW | — |
| 47 |  $SOLS | Solstice Advanced Materials Inc. | $2.3M | 0.2% | NEW | — |
| 48 | $PGY | Pagaya Technologies Ltd. | $2.1M | 0.2% | +50% | — |
| 49 |  $TDG | TransDigm Group INC | $2.1M | 0.2% | +27% | 75.4 |
| 50 |  $BSAC | BANCO SANTANDER CHILE | $1.9M | 0.2% | NEW | — |
| 51 |  $CIB | Grupo Cibest S.A. | $1.2M | 0.1% | NEW | — |
| 52 |  $NYAX | Nayax Ltd. | $1.1M | 0.1% | -14% | — |
| 53 |  $JBL | JABIL INC | $1.1M | 0.1% | NEW | 51.9 |
| 54 |  $IREN | IREN Ltd | $992,406 | 0.1% | +65% | — |
| 55 | — | ISHARE CHINA LARGE CAP ETF | $910,783 | 0.1% | +0% | — |
| 56 | $CIG | ENERGY CO OF MINAS GERAIS | $880,053 | 0.1% | +4% | — |
| 57 | — | PUT - EWY 100 @ 100 EXP 05/15/2026 | $611,618 | — | NEW | — |
| 58 | $BSBR | Banco Santander (Brasil) S.A. | $515,216 | 0.0% | +59% | — |
| 59 |  $SUZ | Suzano S.A. | $499,669 | 0.0% | -57% | — |
| 60 | — | PUT - SMH 100 @ 375 EXP 04/10/2026 | $476,000 | — | NEW | — |
| 61 | — | AXIA ENERGIA SA | $380,611 | 0.0% | -11% | — |
| 62 | — | PUT - JETS 100 @ 22 EXP 04/17/2026 | $221,700 | — | NEW | — |
| 63 |  $ABEV | AMBEV S.A. | $205,591 | 0.0% | +0% | — |
| 64 | — | CALL- IGV 100 @ 90 EXP 06/18/2026 | $196,989 | — | NEW | — |
| 65 | — | CALL- IWM 100 @ 280 EXP 06/18/2026 | $184,000 | — | NEW | — |
| 66 |  $ENIC | Enel Chile S.A. | $167,828 | 0.0% | -39% | — |
| 67 | — | CALL- IWM 100 @ 290 EXP 06/18/2026 | $78,500 | — | NEW | — |
| 68 |  $STLD | STEEL DYNAMICS INC | $75,420 | 0.0% | NEW | 56 |
| 69 |  $MU | MICRON TECHNOLOGY INC | $72,636 | 0.0% | -100% | 88.4 |
| 70 | — | ISHRS BRAZIL SM | $53,568 | 0.0% | NEW | — |
| 71 |  $BCH | BANK OF CHILE | $53,449 | 0.0% | NEW | — |
| 72 |  $AXIA | AXIA Energia S.A. | $14,495 | 0.0% | +0% | — |
| 73 | — | CALL- PBR 100 @ 29 EXP 04/17/2026 | $10,896 | — | NEW | — |
| 74 |  $IFS | Intercorp Financial Services Inc. | $10,040 | 0.0% | NEW | — |
| 75 | — | CALL- CRWV 100 @ 150 EXP 06/18/2026 | $8,199 | — | +0% | — |
| 76 |  $BRBI | BRBI BR Partners S.A. | $7,817 | 0.0% | NEW | — |
| 77 |  $BABA | Alibaba Group Holding Ltd | $2,007 | 0.0% | -100% | — |
| 78 |  $SCCO | SOUTHERN COPPER CORP/ | $172 | 0.0% | NEW | 86.6 |
| 79 |  $AAOI | APPLIED OPTOELECTRONICS, INC. | $0 | 0.0% | NEW | 40.6 |
| 80 | — | COMPNHIA ENRG C | $0 | 0.0% | -100% | — |
| 81 |  $BHP | BHP Group Ltd | $0 | 0.0% | NEW | — |
| 82 |  $LRCX | LAM RESEARCH CORP | $0 | 0.0% | NEW | 82.4 |
New Positions (31)
$NU Nu Holdings Ltd.$36.9M$TSM TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$20.0M$PAM Pampa Energy Inc.$14.5M$AA Alcoa Corp$10.3M$TEO TELECOM ARGENTINA SA$8.6M$CEPU CENTRAL PUERTO S.A.$6.1M$SHEL Shell plc$4.9M$SOLS Solstice Advanced Materials Inc.$2.3M$BSAC BANCO SANTANDER CHILE$1.9M$CIB Grupo Cibest S.A.$1.2MExited Positions (21)
$SPY SPDR S&P 500 ETF TRUST
$FSLR FIRST SOLAR, INC.
$AUGO Aura Minerals Inc.
$GLOB Globant S.A.
$JBS JBS N.V.
$AFYA Afya Ltd
$AMD ADVANCED MICRO DEVICES INC
$HUT Hut 8 Corp.
$ITUB Itau Unibanco Holding S.A.Browse Top Institutional Investors
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