Fund Holdings

SPX Gestao de Recursos Ltda

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
STATE STREET CONSUMER STAPLES
ST STR STAPL ETF
01,466,111+1,466,1110120,191,78010.01%+120,191,780
PETROLEO BRASILEIRO SA PETRO
SP ADR NON VTG
1,173,0516,874,705+5,701,65413,220,285128,900,71910.74%+115,680,434
VALE SA SP ADR395,0185,539,608+5,144,5905,147,08588,135,1637.34%+82,988,078
ISHARES MSCI CHN
MSCI CHINA ETF
0972,000+972,000054,606,9604.55%+54,606,960
NVIDIA CORP(NVDA)14,500263,200+248,7002,704,25045,902,0803.82%+43,197,830
NU HOLDINGS LTD/CAYMAN ISL-A(NU)02,569,755+2,569,755036,927,3793.08%+36,927,379
STONECO LTD-A(STNE)5,236,6207,728,014+2,491,39477,449,610109,119,5589.09%+31,669,948
INTER & CO INC - CL A(INTR)347,1064,023,802+3,676,6962,943,45932,029,4642.67%+29,086,005
BANCO BRADESCO3,437,24911,051,974+7,614,72511,446,03940,339,7053.36%+28,893,666
LATAM AIRLINES GROUP-SP ADR(LTM)328,463881,976+553,51317,740,28743,604,8933.63%+25,864,606
EMBRAER SA(EMBJ)0353,289+353,289020,964,1691.75%+20,964,169
TAIWAN SEMI ADR(TSM)059,271+59,271020,030,6341.67%+20,030,634
ISHARES MSCI BRAZIL ETF0493,168+493,168018,932,7201.58%+18,932,720
PAMPA ENERGIA SA(PAM)0163,643+163,643014,482,4061.21%+14,482,406
ALCOA CORP(AA)0155,300+155,300010,301,0490.86%+10,301,049
TELECOM ARGENTINA(TEO)0732,697+732,69708,565,2280.71%+8,565,228
VANECK OIL SERVICES ETF
OIL SERVICES ETF
016,500+16,50006,669,4650.56%+6,669,465
CENTRAL PUERTO-SPONSORED ADR(CEPU)0361,495+361,49506,083,9610.51%+6,083,961
AMAZON.COM INC(AMZN)32,46062,640+30,1807,492,41713,046,0331.09%+5,553,616
SHELL PLC-ADR(SHEL)052,300+52,30004,863,9000.41%+4,863,900
PUT - EEM 100 @ 56 EXP 04/17/2026(Put)017,000+17,00002,302,140+2,302,140
SOLSTICE ADVANCED MATERI-W/I(SOLS)029,600+29,60002,254,3360.19%+2,254,336
CIA PARANAENSE DE ENER-ADR(ELPC)918,127902,109-16,0188,731,38810,771,1810.90%+2,039,793
META PLATFORMS INC(META)4,4608,480+4,0202,944,0014,851,6620.40%+1,907,661
BANCO SANTANDER CHILE(BSAC)056,479+56,47901,886,3990.16%+1,886,399
CORE SCIENTIFIC INC(CORZ)104,800205,350+100,5501,525,8883,072,0360.26%+1,546,148
AXIA ENERGIA SA
SPON ADS PF CL C
680,091669,035-11,0565,862,3847,305,8620.61%+1,443,478
GRUPO CIBEST SA-ADR016,242+16,24201,182,5800.10%+1,182,580
JABIL IN(JBL)04,000+4,00001,062,5200.09%+1,062,520
ULTRAPAR PARTICIPACOES(UGP)582,585519,126-63,4592,196,3452,860,3840.24%+664,039
PUT - EWY 100 @ 100 EXP 05/15/2026(Put)02,091+2,0910611,618+611,618
PUT - SMH 100 @ 375 EXP 04/10/2026(Put)0700+7000476,000+476,000
IREN LTD
ORDINARY SHARES
17,50028,950+11,450660,975992,4060.08%+331,431
PUT - JETS 100 @ 22 EXP 04/17/2026(Put)06,000+6,0000221,700+221,700
TRANSDIGM GROUP INC(TDG)1,4001,780+3801,861,7902,062,9490.17%+201,159
CALL- IGV 100 @ 90 EXP 06/18/2026(Call)01,300+1,3000196,989+196,989
CALL- IWM 100 @ 280 EXP 06/18/2026(Call)01,000+1,0000184,000+184,000
BANCO SANTANDER(BSBR)54,69486,883+32,189334,180515,2160.04%+181,036
COMPNHIA ENRG(CIG)354,805368,223+13,418709,610880,0530.07%+170,443
CALL- IWM 100 @ 290 EXP 06/18/2026(Call)01,000+1,000078,500+78,500
STEEL DYNAMICS(STLD)0419+419075,4200.01%+75,420
GRINDR INC(GRND)401,800455,800+54,0005,440,3725,510,6220.46%+70,250
AXIA ENERGIA SA
SPON ADS PFD B1
33,98630,376-3,610318,109380,6110.03%+62,502
CANTALOUPE INC298,600298,60003,171,1323,227,8660.27%+56,734
ISHRS BRAZIL SM03,617+3,617053,5680.00%+53,568
BANCO DE CHILE01,443+1,443053,4490.00%+53,449
COMPHANIA DE BEBIDAS DAS AMERICAS AMBEV(ABEV)70,40870,4080173,908205,5910.02%+31,683
CALL- PBR 100 @ 29 EXP 04/17/2026(Call)03,850+3,850010,896+10,896
INTERCORP FINANCIAL SERVICES
SHS
0200+200010,0400.00%+10,040
BR ADVISORY PARTNERS PARTICI0525+52507,8170.00%+7,817
AXIA ENERGIA SA(AXIA)1,2851,285011,77114,4950.00%+2,724
SOUTHERN COPPER CORP(SCCO)01+101720.00%+172
LAM RESEARCH(LRCX)000000
APPLIED OPTOELR(AAOI)000000
BHP BILLITON LTD -SPON ADR000000
TELEFONICA BRASIL SA-ADR(VIV)000000
BANCO BRADESCO000000
CALL- EVEX 100 @ 5 EXP 01/16/2026(Call)40-4130-13
COMPNHIA ENRG C5650-5651,4660-1,466
CALL- SNAP 100 @ 10 EXP 01/16/2026(Call)2,0000-2,0003,0000-3,000
COMPANHIA SIDERURGICA NACIONAL(SID)3,1070-3,1074,9710-4,971
ALPHABET INC CLASS A COMMON STOCK(GOOG)440-4413,7720-13,772
CALL- CRWV 100 @ 150 EXP 06/18/2026(Call)100100033,6128,199-25,413
ISHARE CHINA LARGE CAP ETF25,37025,3700971,417910,7830.08%-60,634
NAYAX LTD(NYAX)23,95820,524-3,4341,212,2751,149,3440.10%-62,931
CANTOR EQUITY PARTNERS-CL A
CL A ORD SHS
305,000305,00003,434,3003,321,4500.28%-112,850
ENEL CHILE S.A.(ENIC)70,08942,596-27,493281,758167,8280.01%-113,930
BRAZIL POTASH CORP74,5720-74,572140,9410-140,941
ISHARES MSCI SOUTH KOREA ETF1,5740-1,574153,0240-153,024
ITAU UNIBANCO HOLDING SA(ITUB)22,1940-22,194158,9090-158,909
LUXEXPERIENCE BV(LUXE)523,410523,41004,370,4744,187,2800.35%-183,194
CORPAY INC(CPAY)29,26029,26008,805,2128,514,3670.71%-290,845
PAGAYA TECHNOLOGIES LTD -A(PGY)120,300180,100+59,8002,514,2702,098,1650.17%-416,105
CALL- META 100 @ 650 EXP 03/20/2026(Call)1000-100480,6690-480,669
PUT - QQQ 100 @ 590 EXP 01/16/2026(Put)2,5000-2,500559,9500-559,950
SUZANO SA(SUZ)115,96449,917-66,0471,083,104499,6690.04%-583,435
SHARKNINJA INC(SN)104,170104,170011,656,62311,031,6030.92%-625,020
HUT 8 MINING CORP(HUT)18,1800-18,180835,1890-835,189
PUT - GLD 100 @ 365 EXP 03/20/2026(Put)2,1830-2,183848,2260-848,226
ADVANCED MICRO DEVICES(AMD)4,5000-4,500963,7200-963,720
TALEN ENERGY CORP(TLN)9,4907,490-2,0003,557,2322,391,0330.20%-1,166,199
BP PLC(BP)523,230354,344-168,88618,171,77816,654,1681.39%-1,517,610
STATE STREET SPDR S&P OIL & GA
SP O&G EXPL PRO
15,0000-15,0001,893,9000-1,893,900
TRANSPORT GAS SUR B ADR(TGS)1,206,8031,025,136-181,66737,519,50535,479,9572.96%-2,039,548
GERDAU SA(GGB)4,894,4964,254,223-640,27318,060,69015,357,7451.28%-2,702,945
AFYA LTD-CLASS A(AFYA)176,8920-176,8922,725,9060-2,725,906
BLUE OWL CAPITAL INC(OBDC)489,660489,66007,315,5204,470,5960.37%-2,844,924
BASIC SANITATION COMPANY OF THE STATE OF(SBS)348,052177,950-170,1028,301,0405,429,2550.45%-2,871,785
VINCI COMPASS INVESTMENTS LTD
COM CL A
4,000,7254,672,173+671,44852,169,45449,291,4254.11%-2,878,029
JBS NV-A(JBS)208,1000-208,1003,000,8020-3,000,802
EVE HOLDING INC2,845,6922,293,630-552,06211,354,3115,688,2020.47%-5,666,109
ARCOS DORADOS HOLDINGS INC(ARCO)7,551,6765,949,286-1,602,39055,429,30249,081,6104.09%-6,347,692
GLOBANT SA
COM
133,1600-133,1608,704,6690-8,704,669
COPA HOLDINGS SA(CPA)393,542224,792-168,75047,465,10125,538,6192.13%-21,926,482
PETROLEO BRASILEIRO ADR(PBR)4,887,5581,732,842-3,154,71657,917,56235,956,4723.00%-21,961,090
ALIBABA GROUP HOLDING LTD(BABA)150,00016-149,98421,987,0002,0070.00%-21,984,993
MICRON TECHNOLOGY INC(MU)90,000215-89,78525,686,90072,6360.01%-25,614,264
RIO TINTO PLC(RIO)468,41548,650-419,76537,487,2524,538,5590.38%-32,948,693
CREDICORP(BAP)199,08367,403-131,68057,136,82122,861,7501.90%-34,275,071
AURA MINERALS INC(AUGO)877,2110-877,21144,224,5930-44,224,593
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