Institutional
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.
CIK 0002044610
$222.3M
Reported AUM
14
Positions
Q1 2026
Period
2026-05-15
Filed
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.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | NU | NU HLDGS LTD | $57.6M | 25.91% | +3,465,984 | +638.9% |
| 2 | MELI | MERCADOLIBRE INC | $52.4M | 23.57% | -4,891 | -13.9% |
| 3 | XP | XP INC | $51.0M | 22.95% | +2,089,498 | +354.5% |
| 4 | STNE | STONECO LTD | $28.8M | 12.98% | +883,340 | +76.2% |
| 5 | PBR/A | PETROLEO BRASILEIRO S A | $15.9M | 7.15% | -100,000 | -10.5% |
| 6 | PBR | PETROLEO BRASILEIRO S A | $5.5M | 2.49% | -390,647 | -59.4% |
| 7 | SUZ | SUZANO S A | $3.6M | 1.60% | — | HELD |
| 8 | AXIA/P | CENTRAIS ELET BRAS SA | $2.4M | 1.08% | -10,000 | -5.0% |
| 9 | GGB | GERDAU SA | $2.0M | 0.89% | — | HELD |
| 10 | LTM | LATAM AIRLINES GROUP SA | $1.0M | 0.46% | +20,652 | NEW |
| 11 | AXIA | CENTRAIS ELET BRAS SA | $898K | 0.40% | +37,918 | +90.9% |
| 12 | EMBJ | EMBRAER S.A. | $708K | 0.32% | +11,923 | NEW |
| 13 | BBD | BANCO BRADESCO S A | $205K | 0.09% | -329,051 | -85.4% |
| 14 | ITUB | ITAU UNIBANCO HLDG S A | $204K | 0.09% | — | HELD |
| 15 | — | ISHARES INC | — | — | -247,500 | EXITED |
| 16 | — | ISHARES TR | — | — | -279,100 | EXITED |
| 17 | — | ISHARES TR | — | — | -58,400 | EXITED |
| 18 | EWW | ISHARES INC | — | — | -178,888 | EXITED |
| 19 | EEM | ISHARES TR | — | — | -125,285 | EXITED |
| 20 | IWM | ISHARES TR | — | — | -13,537 | EXITED |
| 21 | AXIA/PC | CENTRAIS ELET BRAS SA | — | — | -78,375 | EXITED |
| 22 | EVEX | EVE HLDG INC | — | — | -125,832 | EXITED |
Source: SEC EDGAR · accession 0002044610-26-000003. 13F discloses long positions only — shorts, foreign equities, and options are excluded.