Q4 2025 · 13F-HR
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.holdings as filed
Filed 2026-05-15 · accession 0002044610-26-000002
$204.9M
Reported value
20
Positions
2025-12-31
Period end
The Brief · Navi International - Administradora e Gestora de Recursos Financeiros Ltda. · Q4 2025
AI · grounded in 13F
Navi International - Administradora e Gestora de Recursos Financeiros Ltda. established a new position in MELI valued at $70.9M. The fund also initiated new stakes in STNE for $17.2M and EWW for $12.4M. Additional new positions were opened in ISHARES INC, ISHARES TR, and ISHARES TR.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 58733R102 | MELI | MERCADOLIBRE INC | $70.9M | 34.6% | 35,197 | Common | NONE |
| 464286902 | — | ISHARES INC | $17.2M | 8.37% | 247,500 | CALL | SOLE |
| G85158106 | STNE | STONECO LTD | $17.2M | 8.37% | 1,159,765 | Common | NONE |
| 464287904 | — | ISHARES TR | $15.3M | 7.45% | 279,100 | CALL | SOLE |
| 464287905 | — | ISHARES TR | $14.4M | 7.02% | 58,400 | CALL | SOLE |
| 464286822 | EWW | ISHARES INC | $12.4M | 6.05% | 178,888 | Common | SOLE |
| 71654V101 | PBR/A | PETROLEO BRASILEIRO S A PETRO | $10.7M | 5.21% | 948,137 | Common | NONE |
| G98239109 | XP | XP INC | $9.6M | 4.71% | 589,452 | Common | NONE |
| G6683N103 | NU | NU HLDGS LTD | $9.1M | 4.43% | 542,533 | Common | NONE |
| 71654V408 | PBR | PETROLEO BRASILEIRO S A PETRO | $7.8M | 3.80% | 657,572 | Common | NONE |
| 464287234 | EEM | ISHARES TR | $6.9M | 3.35% | 125,285 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $3.3M | 1.63% | 13,537 | Common | SOLE |
| 86959K105 | SUZ | SUZANO S A | $3.3M | 1.62% | 356,157 | Common | NONE |
| 373737105 | GGB | GERDAU SA | $2.0M | 0.99% | 550,000 | Common | NONE |
| 15235A102 | AXIA/P | CENTRAIS ELET BRAS SA | $1.9M | 0.92% | 200,920 | Common | SOLE |
| 059460303 | BBD | BANCO BRADESCO S A | $1.3M | 0.63% | 385,147 | Common | SOLE |
| 15236F100 | AXIA/PC | CENTRAIS ELET BRAS SA | $675,593 | 0.33% | 78,375 | Common | SOLE |
| 29970N104 | EVEX | EVE HLDG INC | $502,070 | 0.25% | 125,832 | Common | SOLE |
| 15234Q207 | AXIA | CENTRAIS ELET BRAS SA | $382,054 | 0.19% | 41,709 | Common | SOLE |
| 465562106 | ITUB | ITAU UNIBANCO HLDG S A | $173,974 | 0.08% | 24,298 | Common | SOLE |
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.