Fund Holdings

BTG Pactual Asset Management US LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Change
VANGUARD INDEX FDS0174,352+174,3520104,184,038+104,184,038
SELECT SECTOR SPDR TR(Call)0325,600+325,600019,946,256+19,946,256
SELECT SECTOR SPDR TR(Put)0325,600+325,600019,946,256+19,946,256
TOTALENERGIES SE(Call)0150,000+150,000013,332,401+13,332,401
TOTALENERGIES SE(Put)0150,000+150,000013,332,401+13,332,401
PETROLEO BRASILEIRO S A0564,270+564,270011,708,603+11,708,603
ITAU UNIBANCO HLDG S A01,343,809+1,343,809011,261,119+11,261,119
VALE S A0590,567+590,56709,395,921+9,395,921
ESSENTIAL UTILS INC0217,672+217,67208,765,651+8,765,651
AMEREN CORP60,150132,735+72,5856,006,57914,590,231+8,583,652
VANGUARD SCOTTSDALE FDS075,145+75,14508,242,655+8,242,655
MICROSOFT CORP(Call)020,000+20,00007,403,400+7,403,400
MICROSOFT CORP(Put)020,000+20,00007,403,400+7,403,400
VISTANCE NETWORKS INC0400,000+400,00007,280,000+7,280,000
FIRSTENERGY CORP0142,494+142,49407,218,746+7,218,746
NORFOLK SOUTHN CORP022,619+22,61906,491,653+6,491,653
NU HLDGS LTD0513,877+513,87707,384,412+7,384,412
NVIDIA CORPORATION0148,729+148,729025,938,338+25,938,338
KOSMOS ENERGY LTD000012,487,046+12,487,046
VANGUARD WORLD FD0214,276+214,276031,059,306+31,059,306
DOMINION ENERGY INC119,040202,152+83,1126,974,55412,497,037+5,522,483
CMS ENERGY CORP070,873+70,87305,498,327+5,498,327
MARA HOLDINGS INC00005,298,480+5,298,480
WEBSTER FINL CORP070,000+70,00004,859,400+4,859,400
COMPANHIA DE SANEAMENTO BASI0159,201+159,20104,857,223+4,857,223
NETFLIX INC.(Call)050,000+50,00004,807,500+4,807,500
NETFLIX INC.(Put)050,000+50,00004,807,500+4,807,500
SOCIEDAD QUIMICA Y MINERA DE058,700+58,70004,751,178+4,751,178
ELECTRONIC ARTS INC023,000+23,00004,689,010+4,689,010
CONSOLIDATED EDISON INC040,438+40,43804,576,773+4,576,773
PG&E CORP0483,276+483,27608,491,159+8,491,159
AT&T INC(Call)0150,000+150,00004,348,500+4,348,500
AT&T INC(Put)0150,000+150,00004,348,500+4,348,500
ENEL CHILE SA01,089,800+1,089,80004,293,812+4,293,812
WARNER BROS DISCOVERY INC0142,000+142,00003,899,320+3,899,320
KENVUE INC0223,921+223,92103,860,398+3,860,398
PPL CORP099,328+99,32803,794,330+3,794,330
SPDR GOLD TR043,399+43,399018,674,156+18,674,156
ECHOSTAR CORP030,000+30,00003,512,100+3,512,100
MERCADOLIBRE INC02,529+2,52904,372,691+4,372,691
EOG RES INC(Call)022,700+22,70003,281,739+3,281,739
EOG RES INC(Put)022,700+22,70003,281,739+3,281,739
AMERICAN ELEC PWR CO INC78,19693,020+14,8249,016,78112,193,062+3,176,281
ISHARES TR048,248+48,24805,258,550+5,258,550
GERDAU SA0765,924+765,92402,764,986+2,764,986
BARRICK MNG CORP066,254+66,25402,702,501+2,702,501
GE VERNOVA INC013,101+13,101011,435,863+11,435,863
ONE GAS INC0105,278+105,27809,067,594+9,067,594
SLB LIMITED044,621+44,62102,293,073+2,293,073
AMAZON COM INC99,865120,781+20,91623,050,83925,155,059+2,104,220
VISTRA CORP056,176+56,17608,444,938+8,444,938
ALPHABET INC7,84015,596+7,7562,453,9204,484,786+2,030,866
VANGUARD INTL EQUITY INDEX F0199,778+199,778010,798,001+10,798,001
TEXAS VENTURES ACQUISITION I0186,531+186,53101,938,057+1,938,057
ANTERO RESOURCES CORP045,281+45,28101,921,726+1,921,726
SUZANO S A0182,120+182,12001,823,021+1,823,021
BANCO BRADESCO S A0494,580+494,58001,805,217+1,805,217
USA TODAY CO INC0250,000+250,00001,762,500+1,762,500
PETROLEO BRASILEIRO S A(Call)084,300+84,30001,749,225+1,749,225
PETROLEO BRASILEIRO S A(Put)084,300+84,30001,749,225+1,749,225
VANGUARD WORLD FD097,943+97,943035,988,176+35,988,176
AES CORP0120,000+120,00001,690,800+1,690,800
ISHARES TR0104,657+104,65703,852,424+3,852,424
TXNM ENERGY INC026,846+26,84601,569,417+1,569,417
SM ENERGY COMPANY049,460+49,46001,542,163+1,542,163
MILLICOM INTL CELLULAR S A077,672+77,67205,820,740+5,820,740
SUNCOR ENERGY INC NEW021,737+21,73701,437,033+1,437,033
INTERNATIONAL SEAWAYS INC019,182+19,18201,397,984+1,397,984
PROCTER & GAMBLE CO(Call)09,600+9,60001,386,624+1,386,624
PROCTER & GAMBLE CO(Put)09,600+9,60001,386,624+1,386,624
TC ENERGY CORP021,719+21,71901,359,609+1,359,609
TORM PLC048,498+48,49801,353,094+1,353,094
OCCIDENTAL PETE CORP024,931+24,93101,620,515+1,620,515
TAIWAN SEMICONDUCTOR MANUFAC050,148+50,148016,947,517+16,947,517
PAN AMERN SILVER CORP023,576+23,57601,287,957+1,287,957
ISHARES TR020,964+20,96401,983,404+1,983,404
SOLARIS RES INC0143,208+143,20801,236,615+1,236,615
STUBHUB HLDGS INC071,445+71,44501,227,425+1,227,425
OVINTIV INC020,540+20,54001,219,254+1,219,254
WEC ENERGY GROUP INC0106,076+106,076012,280,419+12,280,419
STAR BULK CARRIERS CORP.051,584+51,58401,184,884+1,184,884
CMB.TECH NV089,003+89,00301,125,888+1,125,888
CITIZENS FINL GROUP INC29,95847,145+17,1871,749,8472,827,286+1,077,439
WHEATON PRECIOUS METALS CORP08,076+8,07601,058,037+1,058,037
CORE NATURAL RESOURCES INC09,927+9,92701,039,655+1,039,655
COSAN S A0247,680+247,68001,020,442+1,020,442
CHEVRON CORPORATION22,23021,251-9793,388,0744,396,832+1,008,758
ISHARES TR043,195+43,1950989,597+989,597
ISHARES TR026,229+26,22902,776,340+2,776,340
BROADCOM INC6,32110,201+3,8802,187,6983,157,312+969,614
ABBVIE INC22,87828,476+5,5985,227,3946,193,245+965,851
ULTA BEAUTY INC01,838+1,8380960,741+960,741
ASML HLDG NV0725+7250957,602+957,602
SPOTIFY TECHNOLOGY S A02,833+2,83301,373,750+1,373,750
VANGUARD WORLD FD024,642+24,64206,710,756+6,710,756
MORGAN STANLEY ETF TRUST051,343+51,34302,628,248+2,628,248
HCA HEALTHCARE INC09,145+9,14504,327,780+4,327,780
VANGUARD TAX-MANAGED FDS017,128+17,1280846,808+846,808
SSR MINING IN028,767+28,7670845,750+845,750
BLACK HILLS CORP29,10241,001+11,8992,020,2612,845,879+825,618
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