Q1 2026 · 13F-HR
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.holdings as filed
Filed 2026-05-15 · accession 0002044610-26-000003
The Brief · Navi International - Administradora e Gestora de Recursos Financeiros Ltda. · Q1 2026
AI · grounded in 13F
Navi International - Administradora e Gestora de Recursos Financeiros Ltda. exited several iShares positions, including a $17.16M liquidation of ISHARES INC and a $12.4M exit from EWW. The fund aggressively accumulated shares in NU and XP, increasing their respective holdings by 638.85% and 354.48%. New positions were established in LTM for $1.02M and EMBJ for $707,511.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| G6683N103 | NU | NU HLDGS LTD | $57.6M | 25.9% | 4,008,517 | Common | NONE |
| 58733R102 | MELI | MERCADOLIBRE INC | $52.4M | 23.6% | 30,306 | Common | NONE |
| G98239109 | XP | XP INC | $51.0M | 22.9% | 2,678,950 | Common | NONE |
| G85158106 | STNE | STONECO LTD | $28.8M | 13.0% | 2,043,105 | Common | NONE |
| 71654V101 | PBR/A | PETROLEO BRASILEIRO S A | $15.9M | 7.15% | 848,137 | Common | NONE |
| 71654V408 | PBR | PETROLEO BRASILEIRO S A | $5.5M | 2.49% | 266,925 | Common | NONE |
| 86959K105 | SUZ | SUZANO S A | $3.6M | 1.60% | 356,157 | Common | NONE |
| 15235A102 | AXIA/P | CENTRAIS ELET BRAS SA | $2.4M | 1.08% | 190,920 | Common | SOLE |
| 373737105 | GGB | GERDAU SA | $2.0M | 0.89% | 550,000 | Common | NONE |
| 51817R205 | LTM | LATAM AIRLINES GROUP SA | $1.0M | 0.46% | 20,652 | Common | SOLE |
| 15234Q207 | AXIA | CENTRAIS ELET BRAS SA | $898,193 | 0.40% | 79,627 | Common | SOLE |
| 29082A107 | EMBJ | EMBRAER S.A. | $707,511 | 0.32% | 11,923 | Common | SOLE |
| 059460303 | BBD | BANCO BRADESCO S A | $204,750 | 0.09% | 56,096 | Common | SOLE |
| 465562106 | ITUB | ITAU UNIBANCO HLDG S A | $203,617 | 0.09% | 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.