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SPX Gestao de Recursos Ltda

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13F filer, CIK 1589176, RIO DE JANEIRO, Brazil

SPX Gestao de Recursos Ltda reported $776,612,693 across 107 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-14. Its ten largest share positions make up 47.36% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001589176-25-000003

Period
2025-03-31
Reported value
$777M
Holdings
107
Top 10 weight
47.36%
New
63
Sold out
51

Part of the filer group SPX Gestao de Recursos Ltda

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
XPnew+2,497,615$34.3M
PAGSadded+2,648,191$20.2M
ARCOnew+2,506,774$20.2M
VALEadded+1,864,011$18.6M
AGROnew+1,227,609$13.7M

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

SecurityShares changeApprox. value
BPreduced-588,374-$19.9M
DELLexited-171,000-$19.7M
RSPreduced-90,788-$15.7M
MDYreduced-27,208-$14.5M
STNEexited-1,813,588-$14.5M

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.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001589176-25-000003, largest first. % of portfolio is the value over $773,383,933, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
VALEVALE S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,780,214 shares; 2024Q4: 3,524,033 shares; 2025Q1: 5,388,044 shares 5,388,044$53.8M6.95%+1,864,011Timeline
IJRISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 519,486 shares; 2025Q1: 454,866 shares 454,866$47.6M6.15%-64,620Timeline
MDYSTATE STR SPDR S&P MIDCAP 40Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 113,906 shares; 2025Q1: 86,698 shares 86,698$46.3M5.98%-27,208Timeline
CPACOPA HOLDINGS SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 385,029 shares; 2024Q4: 388,686 shares; 2025Q1: 447,781 shares 447,781$41.4M5.35%+59,095Timeline
VINPVINCI COMPASS INVESTMENTS LTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,562,635 shares; 2024Q4: 3,368,286 shares; 2025Q1: 3,505,030 shares 3,505,030$35.5M4.59%+136,744Timeline
XPXP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 734,861 shares; 2024Q4: not reported; 2025Q1: 2,497,615 shares 2,497,615$34.3M4.44%newTimeline
PAGSPAGSEGURO DIGITAL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,430,978 shares; 2024Q4: 1,499,584 shares; 2025Q1: 4,147,775 shares 4,147,775$31.6M4.09%+2,648,191Timeline
BAPCREDICORP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 123,141 shares; 2024Q4: 83,606 shares; 2025Q1: 149,042 shares 149,042$27.7M3.59%+65,436Timeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 83,333 shares; 2024Q4: 131,333 shares; 2025Q1: 224,000 shares 224,000$26.3M3.4%+92,667Timeline
PBRPETROLEO BRASILEIRO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 535,722 shares; 2024Q4: 1,566,449 shares; 2025Q1: 1,520,388 shares 1,520,388$21.8M2.82%-46,061Timeline
ARCOARCOS DORADOS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,506,774 shares 2,506,774$20.2M2.61%newTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 51,810 shares; 2024Q4: 74,810 shares; 2025Q1: 98,100 shares 98,100$19.6M2.53%+23,290Timeline
SLYVSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 141,500 shares; 2025Q1: 213,190 shares 213,190$16.7M2.16%+71,690Timeline
PBR-APETROLEO BRASILEIRO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,374,170 shares; 2024Q4: 584,828 shares; 2025Q1: 1,237,620 shares 1,237,620$16.1M2.09%+652,792Timeline
VRTVERTIV HOLDINGS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 190,000 shares; 2025Q1: 210,000 shares 210,000$15.2M1.96%+20,000Timeline
XSHQINVESCO EXCH TRADED FD TR IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 314,950 shares; 2025Q1: 366,241 shares 366,241$14.5M1.87%+51,291Timeline
AGROADECOAGRO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,227,609 shares 1,227,609$13.7M1.77%newTimeline
HDBHDFC BANK LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 114,700 shares; 2025Q1: 203,077 shares 203,077$13.5M1.74%+88,377Timeline
MUMICRON TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 60,000 shares; 2025Q1: 153,672 shares 153,672$13.4M1.73%+93,672Timeline
RSPINVESCO EXCHANGE TRADED FD TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 895,000 shares; 2024Q4: 161,895 shares; 2025Q1: 71,107 shares 71,107$12.3M1.59%-90,788Timeline
GGALGRUPO FINANCIERO GALICIA S.AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 221,714 shares 221,714$12.1M1.56%newTimeline
SRESEMPRAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 154,760 shares; 2024Q4: not reported; 2025Q1: 169,179 shares 169,179$12.1M1.56%newTimeline
PCGPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 698,300 shares 698,300$12M1.55%newTimeline
PEGPUBLIC SVC ENTERPRISE GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 113,630 shares; 2024Q4: 114,630 shares; 2025Q1: 145,000 shares 145,000$11.9M1.54%+30,370Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 95,300 shares; 2025Q1: 55,500 shares 55,500$10.6M1.37%-39,800Timeline
CVXCHEVRON CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 60,000 shares 60,000$10M1.3%newTimeline
SESEA LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 75,000 shares 75,000$9.79M1.27%newTimeline
SBSCOMPANHIA DE SANEAMENTO BASIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 460,646 shares 460,646$8.23M1.06%newTimeline
COMPANHIA PARANAENSE DE ENE…COMPANHIA PARANAENSE DE ENERGIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 946,562 shares; 2024Q4: 1,030,320 shares; 2025Q1: 1,110,813 shares 1,110,813$8.12M1.05%+80,493
OUSMALPS ETF TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 278,800 shares; 2025Q1: 174,159 shares 174,159$7.32M0.95%-104,641Timeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 27,000 shares 27,000$7M0.9%newTimeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,500 shares; 2024Q4: not reported; 2025Q1: 12,000 shares 12,000$6.92M0.89%newTimeline
EMBJEMBRAER S.A.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 999 shares; 2025Q1: 139,364 shares 139,364$6.44M0.83%+138,365Timeline
BMABANCO MACRO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 81,871 shares 81,871$6.18M0.8%newTimeline
ABEVAMBEV SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,149 shares; 2024Q4: 2,969,700 shares; 2025Q1: 2,564,374 shares 2,564,374$5.97M0.77%-405,326Timeline
LTMLATAM AIRLINES GROUP SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 82,912 shares; 2024Q4: not reported; 2025Q1: 188,213 shares 188,213$5.89M0.76%newTimeline
VTMXVESTA REAL ESTATE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 253,726 shares 253,726$5.79M0.75%newTimeline
RIORIO TINTO PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 426,922 shares; 2024Q4: 20,628 shares; 2025Q1: 94,136 shares 94,136$5.66M0.73%+73,508Timeline
SHELSHELL PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 76,600 shares 76,600$5.61M0.73%newTimeline
BPBP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 211,972 shares; 2024Q4: 752,724 shares; 2025Q1: 164,350 shares 164,350$5.55M0.72%-588,374Timeline
UBERUBER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 45,000 shares; 2025Q1: 67,500 shares 67,500$4.92M0.64%+22,500Timeline
FCXFREEPORT MCMORAN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 125,000 shares 125,000$4.73M0.61%newTimeline
AXIAYAXIA ENERGIA SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 91,101 shares; 2024Q4: not reported; 2025Q1: 594,050 shares 594,050$4.22M0.55%newTimeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 31,500 shares 31,500$4.17M0.54%newTimeline
EQTEQT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 75,000 shares 75,000$4.01M0.52%newTimeline
NRGNRG ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 40,000 shares 40,000$3.82M0.49%newTimeline
GEVGE VERNOVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 12,500 shares 12,500$3.82M0.49%newTimeline
PWRQUANTA SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 15,000 shares 15,000$3.81M0.49%newTimeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 128,063 shares; 2024Q4: not reported; 2025Q1: 35,000 shares 35,000$3.79M0.49%newTimeline
XELXCEL ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 52,500 shares 52,500$3.72M0.48%newTimeline
ITUBITAU UNIBANCO HLDG S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 224,662 shares; 2024Q4: 1,702,655 shares; 2025Q1: 674,067 shares 674,067$3.71M0.48%-1,028,588Timeline
WECWEC ENERGY GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 30,000 shares 30,000$3.27M0.42%newTimeline
NETCLOUDFLARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 25,000 shares 25,000$2.82M0.36%newTimeline
BSACBANCO SANTANDER CHILE NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 35,466 shares; 2024Q4: 96,355 shares; 2025Q1: 118,656 shares 118,656$2.71M0.35%+22,301Timeline
CEGCONSTELLATION ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 70,000 shares; 2025Q1: 12,500 shares 12,500$2.52M0.33%-57,500Timeline
PSLVSPROTT ASSET MANAGEMENT LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 200,000 shares 200,000$2.32M0.3%newTimeline
SNOWSNOWFLAKE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 20,000 shares; 2025Q1: 15,000 shares 15,000$2.19M0.28%-5,000Timeline
BEBLOOM ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 200,000 shares; 2025Q1: 100,000 shares 100,000$1.97M0.25%-100,000Timeline
AMDADVANCED MICRO DEVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 17,700 shares 17,700$1.82M0.24%newTimeline
SUZSUZANO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 138,315 shares; 2024Q4: 162,031 shares; 2025Q1: 180,846 shares 180,846$1.68M0.22%+18,815Timeline
EXEEXPAND ENERGY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 15,000 shares 15,000$1.67M0.22%newTimeline
WMBWILLIAMS COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 25,000 shares 25,000$1.49M0.19%newTimeline
TAT&T INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 50,000 shares 50,000$1.41M0.18%newTimeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 10,000 shares 10,000$1.4M0.18%newTimeline
SNSHARKNINJA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 15,700 shares 15,700$1.31M0.17%newTimeline
ETRENTERGY CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 15,000 shares 15,000$1.28M0.17%newTimeline
FLSFLOWSERVE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 25,000 shares 25,000$1.22M0.16%newTimeline
OWLBLUE OWL CAPITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 60,300 shares 60,300$1.21M0.16%newTimeline
TDGTRANSDIGM GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 800 shares 800$1.11M0.14%newTimeline
OKLOOKLO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 100,000 shares; 2025Q1: 50,000 shares 50,000$1.08M0.14%-50,000Timeline
CPAYCORPAY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,100 shares 3,100$1.08M0.14%newTimeline
HOODROBINHOOD MKTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 64,500 shares; 2025Q1: 25,000 shares 25,000$1.04M0.13%-39,500Timeline
FXIISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 25,370 shares; 2025Q1: 25,370 shares 25,370$909K0.12%0Timeline
GRNDGRINDR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 42,100 shares 42,100$754K0.1%newTimeline
BHPBHP BILLITON LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 190,933 shares; 2025Q1: 14,959 shares 14,959$726K0.09%-175,974Timeline
LUXELUXEXPERIENCE BVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 90,500 shares 90,500$684K0.09%newTimeline
ACHRARCHER AVIATION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 90,000 shares 90,000$640K0.08%newTimeline
GROBRAZIL POTASH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 187,360 shares 187,360$573K0.07%newTimeline
CTLPCANTALOUPE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 69,000 shares 69,000$543K0.07%newTimeline
PGYPAGAYA TECHNOLOGIES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 49,300 shares 49,300$517K0.07%newTimeline
ELPCCOMPANHIA PARANAENSE DE ENERQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 51,311 shares; 2024Q4: 68,091 shares; 2025Q1: 68,672 shares 68,672$463K0.06%+581Timeline
AMBWQAMBIPAR EMERGENCY RESPONSE WTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,728,708 shares; 2024Q4: 1,592,965 shares; 2025Q1: 1,592,965 shares 1,592,965$398K0.05%0Timeline
CORZCORE SCIENTIFIC INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 51,200 shares 51,200$371K0.05%newTimeline
CENTRAIS ELETRICAS BRASILEIRCENTRAIS ELETRICAS BRASILEIRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 92,045 shares; 2024Q4: 81,858 shares; 2025Q1: 45,804 shares 45,804$357K0.05%-36,054
BSBRBANCO SANTANDER BRASIL S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,472 shares; 2024Q4: 381 shares; 2025Q1: 42,574 shares 42,574$201K0.03%+42,193Timeline
NYAXNAYAX LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,600 shares 2,600$88K0.01%newTimeline
CIGCIA ENERGETICA DE MINAS GERAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,491,225 shares; 2024Q4: 553 shares; 2025Q1: 49,795 shares 49,795$87.6K0.01%+49,242Timeline
INTRINTER & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 883,964 shares; 2024Q4: 186,349 shares; 2025Q1: 14,231 shares 14,231$78K0.01%-172,118Timeline
AMBIPAR EMERGENCY RESPONSE …AMBIPAR EMERGENCY RESPONSE --Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 52,522 shares; 2024Q4: 46,961 shares; 2025Q1: 8,942 shares 8,942$44.4K0.01%-38,019
CALL- HON 100 @ 280 EXP 06/…CALL- HON 100 @ 280 EXP 06/20/2025Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,500 shares 2,500$31.6K<0.01%new
BBDBANCO BRADESCO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,608,320 shares; 2024Q4: not reported; 2025Q1: 8,961 shares 8,961$20K<0.01%newTimeline
WALDWWALDENCAST PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,988 shares; 2024Q4: 1,988 shares; 2025Q1: 1,988 shares 1,988$260<0.01%0Timeline

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).

SecurityTypeAmountValueChange
PUT - HYG 100 @ 78 EXP 05/…PUT - HYG 100 @ 78 EXP 05/16/2025 PUTput13,750$1.02Mnew
RGTIRIGETTI COMPUTING INC Stockput75,000$594Knew
PUT - HYG 100 @ 78 EXP 04/…PUT - HYG 100 @ 78 EXP 04/17/2025 PUTput13,750$509Knew
CALL- FXI 100 @ 37 EXP 06/…CALL- FXI 100 @ 37 EXP 06/20/2025 CALLcall3,000$430Knew
CALL- NVDA 100 @ 120 EXP 04…CALL- NVDA 100 @ 120 EXP 04/17/20… CALLcall2,000$206Knew
PUT - QQQ 100 @ 445 EXP 04/…PUT - QQQ 100 @ 445 EXP 04/17/2025 PUTput500$174Knew
CALL- QQQ 100 @ 500 EXP 04/…CALL- QQQ 100 @ 500 EXP 04/17/2025 CALLcall1,000$88.5Knew
CALL- XLU 100 @ 84 EXP 04/…CALL- XLU 100 @ 84 EXP 04/25/2025 CALLcall1,000$53Knew
CALL- EWZ 100 @ 28 EXP 04/…CALL- EWZ 100 @ 28 EXP 04/17/2025 CALLcall6,000$51Knew
CALL- HOOD 100 @ 55 EXP 04/…CALL- HOOD 100 @ 55 EXP 04/17/2025 CALLcall2,600$50.7Knew
CALL- TSM 100 @ 190 EXP 04/…CALL- TSM 100 @ 190 EXP 04/17/2025 CALLcall300$24Knew
CALL- AMZN 100 @ 235 EXP 05…CALL- AMZN 100 @ 235 EXP 05/16/20… CALLcall200$9.7Knew
CALL- DELL 100 @ 115 EXP 05…CALL- DELL 100 @ 115 EXP 05/16/20… CALLcall200$8.5Knew
CALL- RBLX 100 @ 75 EXP 04/…CALL- RBLX 100 @ 75 EXP 04/17/2025 CALLcall2,000$8.06Knew
CALL- SMH 100 @ 245 EXP 04/…CALL- SMH 100 @ 245 EXP 04/17/2025 CALLcall100$2.76Knew

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
DELLDELL TECHNOLOGIES INC171,000$19.7Mshares
STNESTONECO LTD1,813,588$14.5Mshares
HUBBHUBBELL INC30,310$12.7Mshares
WMTWALMART INC100,000$9.04Mshares
XOPSPDR SERIES TRUST65,970$8.73Mshares
TSMTAIWAN SEMICONDUCTOR MANUFAC40,000$7.9Mshares
KBESPDR SERIES TRUST112,734$6.25Mshares
ONONON HLDG AG100,000$5.48Mshares
NOWSERVICENOW INC5,000$5.3Mshares
MELIMERCADOLIBRE INC2,680$4.56Mshares
SPOTSPOTIFY TECHNOLOGY S A10,000$4.47Mshares
NFLXNETFLIX INC.5,000$4.46Mshares
EDNEMPRESA DIST Y COMERCIAL NOR68,460$2.94Mshares
FSLRFIRST SOLAR INC15,000$2.64Mshares
AAPLAPPLE INC10,000$2.5Mshares
CCLCARNIVAL CORP100,000$2.49Mshares
IBNICICI BK LTD70,300$2.1Mshares
DECKDECKERS OUTDOOR CORP10,000$2.03Mshares
HIMSHIMS & HERS HEALTH INC75,000$1.81Mshares
NEENEXTERA ENERGY INC25,000$1.79Mshares
SOFISOFI TECHNOLOGIES INC100,000$1.54Mshares
TRMBTRIMBLE INC20,000$1.41Mshares
EWZISHARES INC62,743$1.41Mshares
NCLHNORWEGIAN CRUISE LINE HLDGS50,000$1.29Mshares
PUT - CVNA 100 @ 220 EXP 01…PUT - CVNA 100 @ 220 EXP 01/17/20…500$1.23Mput
SRPTSAREPTA THERAPEUTICS INC10,000$1.22Mshares
PTCTPTC THERAPEUTICS INC25,000$1.13Mshares
NXTNEXTPOWER INC30,000$1.1Mshares
REALTHE REALREAL INC100,000$1.09Mshares
ULTAULTA BEAUTY INC1,200$522Kshares
DNAGINKGO BIOWORKS HOLDINGS INC50,000$491Kshares
CALL- BA 100 @ 200 EXP 03/…CALL- BA 100 @ 200 EXP 03/21/20251,000$455Kcall
CALL- BA 100 @ 180 EXP 01/…CALL- BA 100 @ 180 EXP 01/17/20251,000$415Kcall
CALL- HON 100 @ 280 EXP 06/…CALL- HON 100 @ 280 EXP 06/20/20251,500$397Kcall
CALL- BA 100 @ 200 EXP 02/…CALL- BA 100 @ 200 EXP 02/21/20251,000$268Kcall
PUT - XHB 100 @ 105 EXP 01/…PUT - XHB 100 @ 105 EXP 01/17/20251,000$245Kput
VIVTELEFONICA BRASIL SA15,870$120Kshares
ENICENEL CHILE SA40,255$116Kshares
PUT - AAPL 100 @ 240 EXP 01…PUT - AAPL 100 @ 240 EXP 01/17/20…1,000$109Kput
TELFYTELEFONICA SA-SPON ADR18,938$76.1Kshares
CALL- AMZN 100 @ 240 EXP 01…CALL- AMZN 100 @ 240 EXP 01/17/20…2,000$64.2Kcall
CALL- INTC 100 @ 25 EXP 01/…CALL- INTC 100 @ 25 EXP 01/17/20258,000$28.8Kcall
PUT - AAPL 100 @ 200 EXP 01…PUT - AAPL 100 @ 200 EXP 01/17/20…2,000$22.8Kput
SIDCOMPANHIA SIDERURGICA NACION13,289$19.1Kshares
CALL- AMAT 100 @ 185 EXP 01…CALL- AMAT 100 @ 185 EXP 01/17/20…500$13Kcall
TIMBTIM S A1,101$12.9Kshares
CALL- IWM 100 @ 255 EXP 01/…CALL- IWM 100 @ 255 EXP 01/17/20253,000$11Kcall
PUT - XLU 100 @ 76 EXP 01/…PUT - XLU 100 @ 76 EXP 01/17/202580$8.57Kput
ASAIYSENDAS DISTRIBUIDORA S A1,664$7.44Kshares
CALL- NVDA 100 @ 165 EXP 01…CALL- NVDA 100 @ 165 EXP 01/17/20…500$5.75Kcall
PUT - XLU 100 @ 76.5 EXP 01…PUT - XLU 100 @ 76.5 EXP 01/03/20…4$368put

How Q1 2025 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001589176-25-000003 base2025-05-14acceptance time not in the bulk data set