Fund Holdings

BTG Pactual Asset Management US LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
SPDR S&P 500 ETF TR(SPY)(Call)01,642,700+1,642,70001,094,333,886+1,094,333,886
HUT 8 CORP(HUT)(Call)0975,000+975,000033,939,750+33,939,750
IREN LIMITED(Call)0690,000+690,000032,381,700+32,381,700
CIPHER MINING INC(CIFR)(Call)02,400,000+2,400,000030,216,000+30,216,000
SPDR S&P 500 ETF TR(SPY)(Put)41,90073,500+31,60025,887,91548,964,230+23,076,315
SPDR S&P 500 ETF TR(SPY)211,732227,300+15,568130,818,616151,422,71417.85%+20,604,098
ISHARES TR170,849205,824+34,97572,539,06887,388,75410.30%+14,849,686
ALPHABET INC(GOOG)61,67490,300+28,62610,940,35121,992,5652.59%+11,052,214
APPLE INC(AAPL)(Put)041,500+41,500010,567,145+10,567,145
APPLE INC(AAPL)(Call)1,50041,500+40,000307,75510,567,145+10,259,390
CYBERARK SOFTWARE LTD66618,437+17,771270,9828,907,8371.05%+8,636,855
OGE ENERGY CORP(OGE)0154,410+154,41007,144,5510.84%+7,144,551
NVIDIA CORPORATION(NVDA)113,573132,797+19,22417,943,39824,777,2642.92%+6,833,866
KOSMOS ENERGY LTD(KOS)00006,797,6750.80%+6,797,675
VISA INC(V)5,38725,225+19,8381,912,6548,611,3111.01%+6,698,657
KELLANOVA(Put)50080,000+79,50039,7656,561,600+6,521,835
PINNACLE WEST CAP CORP(PNW)069,322+69,32206,215,4110.73%+6,215,411
AMAZON COM INC(AMZN)62,12189,243+27,12213,628,72619,595,0862.31%+5,966,360
ISHARES TR(Call)024,000+24,00005,807,040+5,807,040
TAIWAN SEMICONDUCTOR MFG LTD(TSM)8,15827,392+19,2341,847,7057,650,3120.90%+5,802,607
SPDR GOLD TR(GLD)38,29447,138+8,84411,673,16016,756,1451.97%+5,082,985
UNITED RENTALS INC(URI)3,3546,930+3,5762,526,9046,615,7940.78%+4,088,890
MICROSOFT CORP(MSFT)28,55435,069+6,51514,203,04518,163,9892.14%+3,960,944
CENTERPOINT ENERGY INC(CNP)49,387143,619+94,2321,814,4785,572,4170.66%+3,757,939
ABBVIE INC(ABBV)10,22323,662+13,4391,897,5935,478,6990.65%+3,581,106
AMERICAN WTR WKS CO INC NEW025,265+25,26503,516,6350.41%+3,516,635
FRONTIER COMMUNICATIONS PARE52,632144,348+91,7161,915,8055,391,3980.64%+3,475,593
SELECT SECTOR SPDR TR76,939101,570+24,63110,370,60813,690,6201.61%+3,320,012
JPMORGAN CHASE & CO.(JPM)57,80863,337+5,52916,759,11719,978,3902.35%+3,219,273
IHS HOLDING LIMITED0464,505+464,50503,167,9240.37%+3,167,924
SERVICENOW INC(NOW)8,79212,933+4,1419,038,87911,901,9811.40%+2,863,102
EXELON CORP(EXC)104,733160,007+55,2744,547,5077,201,9150.85%+2,654,408
NEXTERA ENERGY INC(NEE)034,432+34,43202,599,2720.31%+2,599,272
META PLATFORMS INC(META)12,99816,565+3,5679,593,69412,165,0051.43%+2,571,311
SEMPRA(SRE)028,143+28,14302,532,3070.30%+2,532,307
ELI LILLY & CO(LLY)2,8756,034+3,1592,241,1494,603,9420.54%+2,362,793
ONEOK INC NEW(OKE)030,478+30,47802,223,9800.26%+2,223,980
ROYALTY PHARMA PLC(RPRX)061,131+61,13102,156,7020.25%+2,156,702
BANK MONTREAL QUE016,220+16,22002,112,6550.25%+2,112,655
BLACK HILLS CORP034,012+34,01202,094,7990.25%+2,094,799
EVERSOURCE ENERGY(ES)028,414+28,41402,021,3720.24%+2,021,372
GE VERNOVA INC(GEV)11,06312,641+1,5785,853,9867,772,9510.92%+1,918,965
VANGUARD WORLD FD88,81194,048+5,23732,519,92434,437,5564.06%+1,917,632
BOSTON SCIENTIFIC CORP(BSX)018,630+18,63001,818,8470.21%+1,818,847
XCEL ENERGY INC(XEL)73,36883,462+10,0944,996,3616,731,2100.79%+1,734,849
ISHARES TR33,83349,372+15,5393,708,4355,411,6650.64%+1,703,230
SUNCOR ENERGY INC NEW(SU)039,773+39,77301,664,0550.20%+1,664,055
KELLANOVA65,98682,811+16,8255,247,8676,792,1580.80%+1,544,291
VANGUARD INDEX FDS39,13343,839+4,70610,950,58712,267,4671.45%+1,316,880
STONECO LTD(STNE)065,792+65,79201,244,1270.15%+1,244,127
PHILLIPS 66(PSX)09,011+9,01101,225,6760.14%+1,225,676
ALIBABA GROUP HLDG LTD(BABA)06,710+6,71001,199,2780.14%+1,199,278
EXXON MOBIL CORP010,023+10,02301,130,0930.13%+1,130,093
ANTERO RESOURCES CORP(AR)033,375+33,37501,120,0650.13%+1,120,065
VANGUARD INTL EQUITY INDEX F290,662304,732+14,07022,526,30523,616,7302.78%+1,090,425
CROWDSTRIKE HLDGS INC(CRWD)9,27711,388+2,1114,632,2845,686,3700.67%+1,054,086
DUPONT DE NEMOURS INC(DD)013,086+13,08601,019,3990.12%+1,019,399
DUKE ENERGY CORP NEW(DUK)77,54282,176+4,6349,149,95610,169,2801.20%+1,019,324
HIGHWOODS PPTYS INC(HIW)030,164+30,1640979,1230.12%+979,123
VANGUARD MUN BD FDS59,12078,706+19,5862,898,6543,858,9550.45%+960,301
GLOBAL X FDS(Call)013,500+13,5000941,760+941,760
KRANESHARES TRUST6,65327,762+21,109228,3971,166,2820.14%+937,885
AMEREN CORP(AEE)75,66178,295+2,6347,266,4828,172,4320.96%+905,950
DIREXION SHS ETF TR029,000+29,0000882,1800.10%+882,180
FREEPORT-MCMORAN INC(FCX)022,233+22,2330871,9780.10%+871,978
ISHARES TR05,930+5,9300795,9250.09%+795,925
APPLE INC(AAPL)1,3494,153+2,804276,7441,057,4780.12%+780,734
ISHARES INC114,262117,776+3,5148,566,2229,338,4591.10%+772,237
STAR BULK CARRIERS CORP.(SBLK)041,306+41,3060767,8790.09%+767,879
DT MIDSTREAM INC(DTM)06,789+6,7890767,5640.09%+767,564
VANGUARD WORLD FD197,592203,346+5,75425,924,07026,678,9953.14%+754,925
ALPS ETF TR51,68167,040+15,3592,525,1343,275,5740.39%+750,440
ISHARES TR39,17446,391+7,2174,053,3344,800,0770.57%+746,743
GOLDMAN SACHS GROUP INC(GS)1631,056+893115,363840,9460.10%+725,583
SPDR SERIES TRUST1,0727,342+6,270105,667813,4940.10%+707,827
SPDR SERIES TRUST7,51815,790+8,272623,4681,309,4650.15%+685,997
EQT CORP(EQT)(Call)012,000+12,0000653,160+653,160
VANGUARD INSTL INDEX FD08,585+8,5850649,1550.08%+649,155
STRYKER CORPORATION(SYK)6,0567,781+1,7252,254,3462,896,4770.34%+642,131
CITIZENS FINL GROUP INC(CFG)011,603+11,6030616,8150.07%+616,815
VISTA ENERGY S.A.B. DE C.V.(VIST)017,561+17,5610604,0980.07%+604,098
ISHARES BITCOIN TRUST ETF(IBIT)09,105+9,1050591,8250.07%+591,825
J P MORGAN EXCHANGE TRADED F19,19331,053+11,860952,7411,541,4710.18%+588,730
TRUIST FINL CORP(TFC)012,835+12,8350586,8160.07%+586,816
M & T BK CORP(MTB)02,956+2,9560584,1650.07%+584,165
HUNTINGTON BANCSHARES INC(HBAN)033,644+33,6440581,0320.07%+581,032
SPDR SERIES TRUST014,746+14,7460580,2550.07%+580,255
REGIONS FINANCIAL CORP NEW(RF)021,784+21,7840574,4440.07%+574,444
VANGUARD WORLD FD1,5504,637+3,087265,097793,0660.09%+527,969
ISHARES TR34,18547,757+13,5721,258,3501,757,9350.21%+499,585
BANK NEW YORK MELLON CORP04,548+4,5480495,5500.06%+495,550
KINDER MORGAN INC DEL(KMI)76,54395,896+19,3532,250,3642,714,8160.32%+464,452
HCA HEALTHCARE INC(HCA)5,8007,140+1,3402,004,1902,467,2270.29%+463,037
SURMODICS INC014,944+14,9440446,6760.05%+446,676
GE AEROSPACE(GE)1,3062,566+1,260336,151771,9040.09%+435,753
VERTIV HOLDINGS CO(VRT)02,855+2,8550430,7050.05%+430,705
CITIGROUP INC(C)1,0605,109+4,04990,227518,5640.06%+428,337
WELLS FARGO CO NEW(WFC)04,872+4,8720408,3710.05%+408,371
PIMCO ETF TR43,33250,877+7,5452,225,5322,613,0430.31%+387,511
TESLA INC(TSLA)0816+8160362,8920.04%+362,892
Page 1 of 4