MondegarAI
BTG Pactual Asset Management US LLC

Q4 2025 · 13F-HR

BTG Pactual Asset Management US LLCholdings as filed

Filed 2026-02-17 · accession 0001569579-26-000001

$1.03B
Reported value
243
Positions
2025-12-31
Period end
View analyzed profile →PRO

The Brief · BTG Pactual Asset Management US LLC · Q4 2025

AI · grounded in 13F

BTG Pactual Asset Management US LLC exited its position in HUT for a reduction of $33.9M. The fund also closed positions in IREN and CIFR, totaling over $62M in combined sales. On the buy side, the fund established new positions in EVRG for $12.9M, BA for $12.3M, and DTE for $11.9M. Additionally, the fund increased its holdings in HYG by 9,777.9%.

Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
78462F103SPYSPDR S&P 500 ETF TR$135.0M13.1%197,917CommonSOLE
464287614IWFISHARES TR$75.8M7.38%178,572CommonSOLE
464288513HYGISHARES TR$64.5M6.28%800,000PUTSOLE
921910816MGKVANGUARD WORLD FD$34.3M3.34%93,608CommonSOLE
921910840MGVVANGUARD WORLD FD$25.5M2.48%194,054CommonSOLE
02079K107GOOGALPHABET INC$24.9M2.42%79,297CommonSOLE
084670702BRK/BBERKSHIRE HATHAWAY INC DEL$23.5M2.29%46,805CommonSOLE
922042874VGKVANGUARD INTL EQUITY INDEX F$23.5M2.29%303,249CommonSOLE
023135106AMZNAMAZON COM INC$23.1M2.24%99,865CommonSOLE
81369Y209XLVSELECT SECTOR SPDR TR$20.9M2.04%134,367CommonSOLE
67066G104NVDANVIDIA CORPORATION$20.0M1.95%107,118CommonSOLE
46625H100JPMJPMORGAN CHASE & CO.$17.9M1.75%55,683CommonSOLE
78462F103SPYSPDR S&P 500 ETF TR$15.8M1.54%23,200PUTSOLE
874039100TSMTAIWAN SEMICONDUCTOR MFG LTD$15.6M1.52%51,426CommonSOLE
78463V107GLDSPDR GOLD TR$14.9M1.45%37,598CommonSOLE
670837103OGEOGE ENERGY CORP$14.5M1.41%340,268CommonSOLE
98389B100XELXCEL ENERGY INC$14.0M1.36%189,188CommonSOLE
30034W106EVRGEVERGY INC$12.9M1.26%178,628CommonSOLE
922908629VOVANGUARD INDEX FDS$12.7M1.24%45,466CommonSOLE
233331107DTEDTE ENERGY CO$11.9M1.16%92,354CommonSOLE
92826C839VVISA INC$11.8M1.15%33,743CommonSOLE
30303M102METAMETA PLATFORMS INC$11.6M1.13%17,592CommonSOLE
15189T107CNPCENTERPOINT ENERGY INC$11.4M1.11%297,658CommonSOLE
92939U106WECWEC ENERGY GROUP INC$11.1M1.08%104,975CommonSOLE
532457108LLYELI LILLY & CO$10.5M1.03%9,799CommonSOLE
594918104MSFTMICROSOFT CORP$9.8M0.96%20,296CommonSOLE
46434G822EWJISHARES INC$9.1M0.88%114,392CommonSOLE
025537101AEPAMERICAN ELEC PWR CO INC$9.0M0.88%78,196CommonSOLE
30161N101EXCEXELON CORP$9.0M0.88%206,408CommonSOLE
21037T109CEGCONSTELLATION ENERGY CORP$8.9M0.87%25,297CommonSOLE
922042858VWOVANGUARD INTL EQUITY INDEX F$8.8M0.86%178,750CommonSOLE
36828A101GEVGE VERNOVA INC$8.8M0.86%13,523CommonSOLE
723484101PNWPINNACLE WEST CAP CORP$7.9M0.77%89,414CommonSOLE
922908751VBVANGUARD INDEX FDS$7.2M0.70%30,244CommonSOLE
25746U109DDOMINION ENERGY INC$7.0M0.68%119,040CommonSOLE
500688AH9KOS 3.125 03/15/30KOSMOS ENERGY LTD$6.7M0.66%15,705,000CommonSOLE
68235P108OGSONE GAS INC$6.7M0.65%86,408CommonSOLE
92840M102VSTVISTRA CORP$6.3M0.62%39,323CommonSOLE
911363109URIUNITED RENTALS INC$6.2M0.61%7,704CommonSOLE
097023105BABOEING CO$6.1M0.60%28,300PUTSOLE
097023105BABOEING CO$6.1M0.60%28,300CALLSOLE
46090E103QQQINVESCO QQQ TR$6.1M0.60%10,000PUTSOLE
92204A405VFHVANGUARD WORLD FD$6.1M0.59%47,692CommonSOLE
26923G806UTESETFIS SER TR I$6.0M0.59%75,963CommonSOLE
023608102AEEAMEREN CORP$6.0M0.58%60,150CommonSOLE
92204A504VHTVANGUARD WORLD FD$5.8M0.56%23,259CommonSOLE
92204A702VGTVANGUARD WORLD FD$5.7M0.56%8,647CommonSOLE
37954Y293MLPXGLOBAL X FDS$5.6M0.55%89,850CommonSOLE
22788C105CRWDCROWDSTRIKE HLDGS INC$5.4M0.52%11,457CommonSOLE
26875P101EOGEOG RES INC$5.3M0.52%50,438CommonSOLE
00287Y109ABBVABBVIE INC$5.2M0.51%22,878CommonSOLE
922907746VTEBVANGUARD MUN BD FDS$4.6M0.45%94,562CommonSOLE
416515104HIGHARTFORD INSURANCE GROUP INC$4.5M0.44%32,886CommonSOLE
30303M102METAMETA PLATFORMS INC$4.4M0.43%6,700CALLSOLE
30303M102METAMETA PLATFORMS INC$4.4M0.43%6,700PUTSOLE
L6388F110TIGOMILLICOM INTL CELLULAR S A$4.4M0.43%78,787CommonSOLE
G4701H109IHSIHS HOLDING LIMITED$4.3M0.42%578,278CommonSOLE
37045V100GMGENERAL MTRS CO$4.2M0.41%51,200CALLSOLE
37045V100GMGENERAL MTRS CO$4.2M0.41%51,200PUTSOLE
69331C108PCGPG&E CORP$4.1M0.40%253,152CommonSOLE
744573106PEGPUBLIC SVC ENTERPRISE GRP IN$4.0M0.39%49,942CommonSOLE
464286665EPPISHARES INC$4.0M0.39%80,384CommonSOLE
03676B102AMANTERO MIDSTREAM CORP$3.8M0.37%211,628CommonSOLE
86765Q106SUNCSUNOCOCORP LLC$3.7M0.36%75,526CommonSOLE
922908553VNQVANGUARD INDEX FDS$3.5M0.34%39,303CommonSOLE
40412C101HCAHCA HEALTHCARE INC$3.5M0.34%7,426CommonSOLE
166764100CVXCHEVRON CORP NEW$3.4M0.33%22,230CommonSOLE
00162Q452AMLPALPS ETF TR$3.3M0.32%67,158CommonSOLE
46090E103QQQINVESCO QQQ TR$3.1M0.30%5,000CALLSOLE
72201R866MUNIPIMCO ETF TR$3.0M0.29%57,651CommonSOLE
136385101CNQCANADIAN NAT RES LTD$2.9M0.28%86,373CommonSOLE
863667101SYKSTRYKER CORPORATION$2.9M0.28%7,802CommonSOLE
78463V107GLDSPDR GOLD TR$2.7M0.26%6,800CALLSOLE
064058100BKBANK NEW YORK MELLON CORP$2.6M0.25%22,230CommonSOLE
G7709Q104RPRXROYALTY PHARMA PLC$2.6M0.25%66,694CommonSOLE
26441C204DUKDUKE ENERGY CORP NEW$2.5M0.25%21,739CommonSOLE
Y2065G121DHTDHT HOLDINGS INC$2.5M0.24%205,782CommonSOLE
02079K305GOOGLALPHABET INC$2.5M0.24%7,840CommonSOLE
136069101CMCANADIAN IMPERIAL BANK OF CO$2.4M0.23%26,446CommonSOLE
89346D107TACTRANSALTA CORP$2.4M0.23%186,980CommonSOLE
46435U853USHYISHARES TR$2.2M0.22%60,725CommonSOLE
464287242LQDISHARES TR$2.2M0.21%19,902CommonSOLE
11135F101AVGOBROADCOM INC$2.2M0.21%6,321CommonSOLE
33738D101EMLPFIRST TR EXCHANGE-TRADED FD$2.1M0.20%55,680CommonSOLE
07317Q105BTEBAYTEX ENERGY CORP$2.1M0.20%633,954CommonSOLE
464287556IBBISHARES TR$2.0M0.20%15,976CommonSOLE
092113109BKHBLACK HILLS CORP$2.0M0.20%29,102CommonSOLE
46641Q647JMUBJ P MORGAN EXCHANGE TRADED F$2.0M0.20%40,458CommonSOLE
431284108HIWHIGHWOODS PPTYS INC$2.0M0.19%60,632CommonSOLE
101137107BSXBOSTON SCIENTIFIC CORP$1.9M0.19%20,025CommonSOLE
922908769VTIVANGUARD INDEX FDS$1.8M0.18%5,399CommonSOLE
92189F676SMHVANECK ETF TRUST$1.8M0.18%5,000PUTSOLE
037833100AAPLAPPLE INC$1.8M0.17%6,592CommonSOLE
464287176TIPISHARES TR$1.8M0.17%16,901CommonSOLE
61774R817XAGGMORGAN STANLEY ETF TRUST$1.8M0.17%34,980CommonSOLE
174610105CFGCITIZENS FINL GROUP INC$1.7M0.17%29,958CommonSOLE
934423104WBDWARNER BROS DISCOVERY INC$1.4M0.14%50,000CALLSOLE
03831W108APPAPPLOVIN CORP$1.4M0.13%2,005CommonSOLE
G3643J108FLUTFLUTTER ENTMT PLC$1.3M0.12%4,425CommonSOLE
921908844VIGVANGUARD SPECIALIZED FUNDS$1.2M0.12%5,985CommonSOLE
81762P102NOWSERVICENOW INC$1.2M0.12%7,800CommonSOLE
46438F101IBITISHARES BITCOIN TRUST ETF$1.2M0.11%19,040CommonSOLE
90353T100UBERUBER TECHNOLOGIES INC$1.0M0.10%12,716CommonSOLE
58733R102MELIMERCADOLIBRE INC$1.0M0.10%500CommonSOLE
464286749EWLISHARES INC$996,2270.10%18,176CommonSOLE
57636Q104MAMASTERCARD INCORPORATED$970,4960.09%1,700CommonSOLE
G6683N103NUNU HLDGS LTD$967,0030.09%57,766CommonSOLE
693475105PNCPNC FINL SVCS GROUP INC$933,6490.09%4,473CommonSOLE
92204A884VOXVANGUARD WORLD FD$897,2230.09%5,246CommonSOLE
78464A870XBISPDR SERIES TRUST$887,8940.09%7,282CommonSOLE
464286400EWZISHARES INC$859,3470.08%27,049CommonSOLE
464288513HYGISHARES TR$733,6520.07%9,099CommonSOLE
46434G103IEMGISHARES INC$717,1780.07%11,947CommonSOLE
464287440IEFISHARES TR$714,7790.07%7,555CommonSOLE
369604301GEGE AEROSPACE$705,3890.07%2,290CommonSOLE
363576109AJGGALLAGHER ARTHUR J & CO$692,0040.07%2,674CommonSOLE
743315103PGRPROGRESSIVE CORP$665,6260.06%2,923CommonSOLE
01609W102BABAALIBABA GROUP HLDG LTD$646,5640.06%4,411CommonSOLE
46429B747STIPISHARES TR$613,6810.06%5,931CommonSOLE
74255Y888PREFPRINCIPAL EXCHANGE TRADED FD$597,1380.06%31,478CommonSOLE
09857L108BKNGBOOKING HOLDINGS INC$589,0860.06%110CommonSOLE
172967424CCITIGROUP INC$586,9510.06%5,030CommonSOLE
872540109TJXTJX COS INC NEW$572,0440.06%3,724CommonSOLE
464287200IVVISHARES TR$563,7770.05%908CommonSOLE
922908744VTVVANGUARD INDEX FDS$562,7400.05%3,184CommonSOLE
92537N108VRTVERTIV HOLDINGS CO$552,9400.05%3,413CommonSOLE
949746101WMT2WELLS FARGO CO NEW$549,1340.05%5,892CommonSOLE
464286392URTHISHARES INC$546,3930.05%3,567CommonSOLE
458140100INTCINTEL CORP$546,2310.05%14,803CommonSOLE
03831W108APPAPPLOVIN CORP$539,0560.05%800PUTSOLE
464286251CEMBISHARES INC$529,0430.05%11,991CommonSOLE
007903107AMDADVANCED MICRO DEVICES INC$517,4110.05%2,416CommonSOLE
060505104BACBANK AMERICA CORP$511,1700.05%9,294CommonSOLE
464285204IAUISHARES GOLD TR$478,3010.05%7,670CommonSOLE
81369Y605XLFSELECT SECTOR SPDR TR$466,9330.05%8,462CommonSOLE
874054109TTWOTAKE-TWO INTERACTIVE SOFTWAR$460,8540.04%1,800CommonSOLE
L8681T102SPOTSPOTIFY TECHNOLOGY S A$435,5330.04%750CommonSOLE
00206R102TAT&T INC$421,1620.04%16,955CommonSOLE
002824100ABTABBOTT LABS$416,8400.04%3,327CommonSOLE
92343V104VZVERIZON COMMUNICATIONS INC$387,3420.04%9,510CommonSOLE
921909768VXUSVANGUARD STAR FDS$368,1810.04%5,329CommonSOLE
437076102HDHOME DEPOT INC$364,0580.04%1,058CommonSOLE
464287390ILFISHARES TR$362,1420.04%11,893CommonSOLE
23918K108DVADAVITA INC$341,5120.03%3,006CommonSOLE
540424108LLOEWS CORP$340,0460.03%3,229CommonSOLE
464288646IGSBISHARES TR$338,0330.03%6,407CommonSOLE
G25839104CCEPCOCA-COLA EUROPACIFIC PARTNE$335,3180.03%3,697CommonSOLE
H50430232LOGILOGITECH INTL S A$333,6280.03%3,247CommonSOLE
760759100RSGREPUBLIC SVCS INC$330,8230.03%1,561CommonSOLE
375558103GILDGILEAD SCIENCES INC$330,2930.03%2,691CommonSOLE
09290D101BLKBLACKROCK INC$329,6650.03%308CommonSOLE
78463V107GLDSPDR GOLD TR$317,0480.03%800PUTSOLE
46654Q559JFLXJ P MORGAN EXCHANGE TRADED F$309,7100.03%6,164CommonSOLE
084670702BRK/BBERKSHIRE HATHAWAY INC DEL$301,5900.03%600PUTSOLE
084670702BRK/BBERKSHIRE HATHAWAY INC DEL$301,5900.03%600CALLSOLE
09249W101BLWBLACKROCK LTD DURATION INCOM$291,7960.03%20,578CommonSOLE
G5960L103MDTMEDTRONIC PLC$290,7740.03%3,027CommonSOLE
674599105OXYOCCIDENTAL PETE CORP$290,4270.03%7,005CommonSOLE
G0585R106AGOASSURED GUARANTY LTD$288,6620.03%3,212CommonSOLE
314211103FHIFEDERATED HERMES INC$285,8640.03%5,490CommonSOLE
78467J100SSNCSS&C TECHNOLOGIES HLDGS INC$281,4050.03%3,219CommonSOLE
501044101KRKROGER CO$280,9100.03%4,496CommonSOLE
03073E105CORCENCORA INC$280,3330.03%830CommonSOLE
65340G205NXDTNEXPOINT DIVERSIFIED REL ET$277,0050.03%66,111CommonSOLE
68902V107OTISOTIS WORLDWIDE CORP$275,4150.03%3,153CommonSOLE
G7496G103RNRRENAISSANCERE HLDGS LTD$271,8820.03%967CommonSOLE
37959E102GLGLOBE LIFE INC$270,3490.03%1,933CommonSOLE
P31076105CPACOPA HOLDINGS SA$268,7190.03%2,228CommonSOLE
026874784AIGAMERICAN INTL GROUP INC$267,4290.03%3,126CommonSOLE
G3198U102ESNTESSENT GROUP LTD$264,8510.03%4,074CommonSOLE
464287168DVYISHARES TR$262,8310.03%1,979CommonSOLE
N00985106AERAERCAP HOLDINGS NV$261,4990.03%1,819CommonSOLE
636180101NFGNATIONAL FUEL GAS CO$260,9960.03%3,260CommonSOLE
053332102AZOAUTOZONE INC$257,7540.03%76CommonSOLE
58155Q103MCKMCKESSON CORP$257,5710.03%314CommonSOLE
733174700BPOPPOPULAR INC$256,7600.02%2,062CommonSOLE
G0692U109AXSAXIS CAP HLDGS LTD$256,2660.02%2,393CommonSOLE
38141G104GSGOLDMAN SACHS GROUP INC$255,7890.02%291CommonSOLE
12621E103CNOCNO FINL GROUP INC$255,0750.02%6,006CommonSOLE
00090Q103ADTADT INC DEL$255,0120.02%31,600CommonSOLE
17275R102CSCOCISCO SYS INC$253,9680.02%3,297CommonSOLE
90138A103VNETVNET GROUP INC$253,8000.02%30,000CommonSOLE
09254C107BLACKROCK MUNIHOLDINGS QUALI$252,5000.02%26,357CommonSOLE
72201R775BONDPIMCO ETF TR$251,5590.02%2,729CommonSOLE
922042742VTVANGUARD INTL EQUITY INDEX F$250,2280.02%1,947CommonSOLE
103304101BYDBOYD GAMING CORP$248,6450.02%2,917CommonSOLE
464287184FXIISHARES TR$246,6260.02%6,441CommonSOLE
464287655IWMISHARES TR$246,1600.02%1,000PUTSOLE
464287655IWMISHARES TR$246,1600.02%1,000CALLSOLE
09257R101BGBBLACKSTONE STRATEGIC CRED 20$245,4420.02%20,251CommonSOLE
204429104CCUCOMPANIA CERVECERIAS UNIDAS$244,8210.02%18,949CommonSOLE
45073V108ITTITT INC$244,6490.02%1,410CommonSOLE
759509102RSRELIANCE INC$242,6510.02%840CommonSOLE
872590104TMUST-MOBILE US INC$242,0240.02%1,192CommonSOLE
857477103STTSTATE STR CORP$241,3780.02%1,871CommonSOLE
G51502105JCIJOHNSON CTLS INTL PLC$240,8170.02%2,011CommonSOLE
33768G107FCFSFIRSTCASH HOLDINGS INC$240,1860.02%1,507CommonSOLE
29261A100EHCENCOMPASS HEALTH CORP$239,7700.02%2,259CommonSOLE
354613101BENFRANKLIN RESOURCES INC$239,7600.02%10,036CommonSOLE
099724106BWABORGWARNER INC$238,2320.02%5,287CommonSOLE
893641100TDGTRANSDIGM GROUP INC$236,7130.02%178CommonSOLE
46138E362SPHDINVESCO EXCH TRADED FD TR II$231,9500.02%4,877CommonSOLE
59156R108METMETLIFE INC$231,8470.02%2,937CommonSOLE
345370860FFORD MTR CO$230,2430.02%17,549CommonSOLE
231021106CMICUMMINS INC$229,7030.02%450CommonSOLE
14149Y108CAHCARDINAL HEALTH INC$227,4890.02%1,107CommonSOLE
G6564A105NOMDNOMAD FOODS LTD$224,0290.02%17,908CommonSOLE
860630102SFSTIFEL FINL CORP$222,3910.02%1,776CommonSOLE
82509L107SHOPSHOPIFY INC$220,8510.02%1,372CommonSOLE
922040845VBILVANGUARD INSTL INDEX FD$219,4410.02%2,909CommonSOLE
651639106NEMNEWMONT CORP$218,9710.02%2,193CommonSOLE
052800109ALVAUTOLIV INC$215,4410.02%1,815CommonSOLE
70959W103PAGPENSKE AUTOMOTIVE GRP INC$214,6410.02%1,356CommonSOLE
403949100DINOHF SINCLAIR CORP$212,6130.02%4,614CommonSOLE
91529Y106UNMUNUM GROUP$211,7300.02%2,732CommonSOLE
751212101RLRALPH LAUREN CORP$209,3370.02%592CommonSOLE
388689101GPKGRAPHIC PACKAGING HLDG CO$208,0690.02%13,816CommonSOLE
29452E101EQHEQUITABLE HLDGS INC$206,6100.02%4,336CommonSOLE
559663109MGYMAGNOLIA OIL & GAS CORP$206,3570.02%9,427CommonSOLE
87162W100SNXTD SYNNEX CORPORATION$204,9140.02%1,364CommonSOLE
92206C870VCITVANGUARD SCOTTSDALE FDS$204,6850.02%2,444CommonSOLE
320517105FHNFIRST HORIZON CORPORATION$204,2020.02%8,544CommonSOLE
534187109LNCLINCOLN NATL CORP IND$202,4780.02%4,547CommonSOLE
02319V103ABEVAMBEV SA$201,6840.02%80,352CommonSOLE
64110W102NTESNETEASE INC$200,5120.02%1,457CommonSOLE
13765N107CNNECANNAE HLDGS INC$195,9170.02%12,455CommonSOLE
92556V106VTRSVIATRIS INC$167,6250.02%16,180CommonSOLE
707569109PENNPENN ENTERTAINMENT INC$154,4620.02%10,472CommonSOLE
05684B107BCSFBAIN CAP SPECIALTY FIN INC$152,2200.01%10,121CommonSOLE
G68707101PAGSPAGSEGURO DIGITAL LTD$148,6300.01%15,418CommonSOLE
24906P109XRAYDENTSPLY SIRONA INC$148,1210.01%12,959CommonSOLE
01626W101ALITALIGHT INC$117,4410.01%60,226CommonSOLE
68622V106OGNORGANON & CO$116,5630.01%16,257CommonSOLE
528877103LXLEXINFINTECH HLDGS LTD$102,4690.01%31,336CommonSOLE
40053W101AVALGRUPO AVAL ACCIONES Y VALORE$98,7630.01%35,147CommonSOLE
031162100AMGNAMGEN INC$98,1930.01%300CALLSOLE
031162100AMGNAMGEN INC$98,1930.01%300PUTSOLE
879382208TELFYTELEFONICA S A$91,0230.01%17,404CommonSOLE
031162100AMGNAMGEN INC$85,7550.01%262CommonSOLE
98421M106XRXXEROX HOLDINGS CORP$77,8780.01%32,860CommonSOLE
55273C107MINMFS INTER INCOME TR$77,5470.01%28,615CommonSOLE
003057106ACPABRDN INCOME CREDIT STRATEGI$61,1240.01%10,360CommonSOLE
46090E103QQQINVESCO QQQ TR$20,2720.00%33CommonSOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.