BW Gestao de Investimentos Ltda.
Follow13F filer, CIK 1568280, SAO PAULO, Brazil
BW Gestao de Investimentos Ltda. reported $5,052,732,091 across 307 holdings for the quarter ended 2026-06-30, in a 13F-HR filed 2026-08-14. Its ten largest share positions make up 51.72% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001568280-26-000005
- Period
- 2026-06-30
- Reported value
- $5.05B
- Holdings
- 307
- Top 10 weight
- 51.72%
- New
- 143
- Sold out
- 106
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SPYnew | +1,227,723 | $917M |
| IVVadded | +793,285 | $594M |
| SPCXnew | +587,335 | $100M |
| MUnew | +39,210 | $45.3M |
| GOOGnew | +90,000 | $31.8M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| AALreduced | -2,278,100 | -$41.2M |
| AVGOexited | -99,900 | -$30.9M |
| XLUreduced | -675,000 | -$30.6M |
| RBAreduced | -230,188 | -$26.8M |
| TLNexited | -58,984 | -$18.8M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 294 share positions
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| MUMICRON TECHNOLOGY INC COM | put | 215,000 | $248M | +165,000 |
| IWMISHARES TR SHS | put | 600,000 | $180M | -300,000 |
| TSLATESLA INC COM | put | 250,000 | $105M | +50,000 |
| QQQINVESCO QQQ TR COM | put | 123,000 | $90.6M | +23,000 |
| EWZISHARES INC MSCI BRAZIL ETF | put | 1,500,000 | $51.8M | new |
| EWZISHARES INC MSCI BRAZIL ETF | call | 1,500,000 | $51.8M | new |
| SMHVANECK ETF TRUST COM | put | 60,000 | $39.4M | new |
| MSFTMICROSOFT CORP COM | call | 100,000 | $37.3M | new |
| PLNTPLANET FITNESS MASTER ISSUER Stock | call | 700,000 | $36.5M | new |
| SOXXISHARES TR COM | put | 50,000 | $32M | new |
| QCOMQUALCOMM INC COM | call | 100,000 | $18.5M | new |
| QXOQXO INC Stock | call | 500,000 | $8.64M | new |
| OPTUOPTIMUM COMMUNICATIONS INC CL A | call | 4,000,000 | $5.8M | new |
Sold out in Q2 2026
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 400,000 | $260M | put |
| IWMISHARES TR | 150,000 | $37.2M | call |
| IGVISHARES TR | 400,000 | $32M | call |
| AVGOBROADCOM INC | 99,900 | $30.9M | shares |
| COFCAPITAL ONE FINL CORP | 150,000 | $27.4M | call |
| TLNTALEN ENERGY CORP | 58,984 | $18.8M | shares |
| SLVISHARES SILVER TR | 240,475 | $16.4M | shares |
| NTNXNUTANIX INC | 400,000 | $15.2M | call |
| SWXSOUTHWEST GAS HLDGS INC | 165,257 | $14.4M | shares |
| NRGNRG ENERGY INC | 87,698 | $12.8M | shares |
| VSTVISTRA CORP | 70,132 | $10.5M | shares |
| FEFIRSTENERGY CORP | 200,293 | $10.1M | shares |
| GEGE AEROSPACE | 34,889 | $9.9M | shares |
| XHBSPDR SERIES TRUST | 100,000 | $9.87M | shares |
| CLSCELESTICA INC | 35,042 | $9.87M | shares |
| RSPINVESCO EXCHANGE TRADED FD T | 49,778 | $9.55M | shares |
| SKYDPARAMOUNT SKYDANCE CORP | 1,029,101 | $9.28M | shares |
| SFSTIFEL FINL CORP | 124,967 | $9.24M | shares |
| AMGAFFILIATED MANAGERS GROUP | 33,000 | $9.13M | shares |
| JPMJPMORGAN CHASE & CO | 30,020 | $8.83M | shares |
| FNVFRANCO NEV CORP | 35,702 | $8.82M | shares |
| CELHCELSIUS HLDGS INC | 245,377 | $8.71M | shares |
| VSNTVERSANT MEDIA GROUP INC | 230,000 | $8.51M | shares |
| SOLSSOLSTICE ADVANCED MATLS INC | 110,000 | $8.38M | shares |
| JBLUJETBLUE AIRWAYS CORP | 1,850,000 | $8.18M | shares |
| PENNPENN ENTERTAINMENT INC | 534,514 | $8.03M | shares |
| VALEVALE S A | 500,000 | $7.96M | shares |
| VISTVISTA ENERGY S.A.B. DE C.V. | 105,222 | $7.94M | shares |
| CGCARLYLE GROUP INC | 160,000 | $7.74M | shares |
| ALBALBEMARLE CORP | 42,621 | $7.65M | shares |
| PFSIPENNYMAC FINL SVCS INC NEW | 87,500 | $7.65M | shares |
| CPRICAPRI HOLDINGS LIMITED | 400,000 | $7.05M | call |
| FOURSHIFT4 PMTS INC | 151,827 | $6.64M | shares |
| FITBFIFTH THIRD BANCORP | 135,000 | $6.27M | shares |
| AGIALAMOS GOLD INC | 140,461 | $6.24M | shares |
| IBOCINTERNATIONAL BANCSHARES COR | 90,000 | $6.06M | shares |
| APOAPOLLO GLOBAL MGMT INC | 53,772 | $5.99M | shares |
| BFHBREAD FINANCIAL HOLDINGS INC | 80,000 | $5.99M | shares |
| PNCPNC FINL SVCS GROUP INC | 28,753 | $5.98M | shares |
| CNRCORE NATURAL RESOURCES INC | 57,071 | $5.98M | shares |
| ARKKARK ETF TR | 87,577 | $5.92M | shares |
| CDECOEUR MNG INC | 300,000 | $5.63M | shares |
| NEMNEWMONT CORP | 51,963 | $5.62M | shares |
| PATHUIPATH INC | 500,000 | $5.55M | call |
| AERAERCAP HOLDINGS NV | 40,000 | $5.49M | shares |
| INTUINTUIT | 11,877 | $5.14M | shares |
| CSTMCONSTELLIUM SE | 207,096 | $5.09M | shares |
| AEMAGNICO EAGLE MINES LTD | 25,000 | $5.07M | shares |
| HUBSHUBSPOT INC | 20,150 | $4.92M | shares |
| PRGOPERRIGO CO PLC | 456,548 | $4.9M | shares |
| AUGOAURA MINERALS INC | 52,666 | $4.3M | shares |
| VRNSVARONIS SYS INC | 200,000 | $4.29M | call |
| DNNDENISON MINES CORP | 1,127,170 | $3.98M | shares |
| CLFCLEVELAND-CLIFFS INC NEW | 466,770 | $3.94M | shares |
| TANINVESCO EXCH TRADED FD TR II | 70,165 | $3.91M | shares |
| HLIHOULIHAN LOKEY INC | 25,816 | $3.71M | shares |
| CMCCOMMERCIAL METALS CO | 60,000 | $3.69M | shares |
| STLDSTEEL DYNAMICS INC | 20,000 | $3.6M | shares |
| CECELANESE CORP DEL | 54,097 | $3.56M | shares |
| NXENEXGEN ENERGY LTD | 300,000 | $3.48M | shares |
| XOPSPDR SERIES TRUST | 17,955 | $3.26M | shares |
| HBMHUDBAY MINERALS INC | 150,000 | $3.13M | shares |
| CHKPCHECK POINT SOFTWARE TECH LT | 18,125 | $2.59M | shares |
| EQTEQT CORP | 40,533 | $2.58M | shares |
| PAMPAMPA ENERGIA SA | 29,043 | $2.57M | shares |
| PORPORTLAND GEN ELEC CO | 48,188 | $2.54M | shares |
| EXEEXPAND ENERGY CORPORATION | 22,992 | $2.52M | shares |
| MEOHMETHANEX CORP | 42,106 | $2.51M | shares |
| ECECOPETROL S A | 161,246 | $2.42M | shares |
| BKRBAKER HUGHES COMPANY | 35,148 | $2.15M | shares |
| XPXP INC | 105,108 | $2M | shares |
| KBHKB HOME | 34,400 | $1.78M | shares |
| SRSPIRE INC | 19,000 | $1.72M | shares |
| CTRACOTERRA ENERGY INC | 45,443 | $1.6M | shares |
| HLNEHAMILTON LANE INC | 15,000 | $1.49M | shares |
| PBRPETROLEO BRASILEIRO S A | 70,033 | $1.45M | shares |
| GTGOODYEAR TIRE & RUBR CO | 218,470 | $1.45M | shares |
| NSCNORFOLK SOUTHN CORP | 4,822 | $1.38M | shares |
| MDBMONGODB INC | 5,631 | $1.38M | shares |
| DHID R HORTON INC | 10,000 | $1.37M | shares |
| PICSPICS NV | 100,000 | $1.04M | shares |
| PLTRPALANTIR TECHNOLOGIES INC | 6,997 | $1.02M | shares |
| ARANTERO RESOURCES CORP | 23,653 | $1M | shares |
| HDHOME DEPOT INC | 2,319 | $763K | shares |
| UNHUNITEDHEALTH GROUP INC | 2,642 | $715K | shares |
| RRCRANGE RES CORP | 15,390 | $695K | shares |
| CNXCNX RES CORP | 17,056 | $658K | shares |
| CRKCOMSTOCK RES INC | 24,772 | $522K | shares |
| MPCMARATHON PETE CORP | 2,130 | $520K | shares |
| MRKMERCK & CO INC | 3,785 | $455K | shares |
| TRGPTARGA RES CORP | 1,675 | $420K | shares |
| PLDPROLOGIS INC. | 3,138 | $415K | shares |
| GPORGULFPORT ENERGY CORP | 1,895 | $401K | shares |
| FLUTFLUTTER ENTMT PLC | 3,728 | $380K | shares |
| SCHWCHARLES SCHWAB CORP (THE) | 3,935 | $370K | shares |
| KOCOCA COLA CO | 4,817 | $366K | shares |
| CTVACORTEVA INC | 3,979 | $333K | shares |
| AONAON PLC | 954 | $308K | shares |
| AUANGLOGOLD ASHANTI PLC | 2,632 | $256K | shares |
| SPGSIMON PPTY GROUP INC NEW | 1,304 | $243K | shares |
| SLBSLB LIMITED | 4,654 | $239K | shares |
| SRADSPORTRADAR GROUP AG | 13,993 | $234K | shares |
| ALAIR LEASE CORP | 3,517 | $228K | shares |
| MTDMETTLER TOLEDO INTERNATIONAL | 161 | $203K | shares |
| CPTCAMDEN PPTY TR | 2,077 | $203K | shares |
| DOCHEALTHPEAK PROPERTIES INC | 11,304 | $186K | shares |
How Q2 2026 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001568280-26-000005 | base | 2026-08-14 | acceptance time not in the bulk data set |