SPX Gestao de Recursos Ltda — 13F Holdings & Portfolio

CIK 1589176 · latest 13F-HR filed 2026-08-19

SPX Gestao de Recursos Ltda manages $898.0M in 13F-reported U.S. long-equity assets across 88 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are XP (8.72%), LTM (6.79%), TGS (6.01%).

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM

$898.0M

Long-equity book

Holdings

88

Distinct positions

Period

2026-06-30

Filed 2026-08-19

Q/Q Activity

+0 / −0 / ↑0 / ↓0

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Firm Profile & Key People
Name Title / Status Ownership Type

Quarter-over-quarter changes

Share-count changes vs the prior 13F.

Top Adds (vs prior quarter)

  • No increased positions.
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Top Trims

  • No decreased positions.
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New Positions

  • No new positions this quarter.
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Exited Positions

  • No exits this quarter.
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All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 XP INC - CLASS A XP G98239109 $78.3M 8.72% 4,813,132 SH
2 LATAM AIRLINES GROUP-SP ADR LTM 51817R205 $61.0M 6.79% 1,046,638 SH
3 TRANSPORT GAS SUR B ADR TGS 893870204 $54.0M 6.01% 1,815,590 SH
4 PAMPA ENERGIA SA PAM 697660207 $45.0M 5.01% 547,637 SH
5 VINCI COMPASS INVESTMENTS LTD VINP G9451V109 $43.2M 4.81% 4,441,517 SH
6 ARCOS DORADOS HOLDINGS INC ARCO G0457F107 $36.3M 4.04% 4,501,327 SH
7 STONECO LTD-A STNE G85158106 $32.6M 3.63% 3,004,035 SH
8 EMBRAER SA EMBJ 29082A107 $32.1M 3.58% 503,225 SH
9 BANCO BRADESCO BBD 059460303 $30.8M 3.43% 8,863,299 SH
10 TELECOM ARGENTINA TEO 879273209 $30.2M 3.36% 2,320,411 SH
11 HALLIBURTON CO HAL 406216101 $29.8M 3.31% 876,300 SH
12 RIO TINTO PLC RIO 767204100 $29.3M 3.26% 308,586 SH
13 INTERCORP FINANCIAL SERVICES IFS P5626F128 $22.9M 2.55% 401,546 SH
14 FREEPORT-MCMORAN INC FCX 35671D857 $21.6M 2.41% 344,076 SH
15 ISHARES MSCI BRAZIL ETF EWZ 464286400 $20.1M 2.23% 581,348 SH
16 INTER & CO INC - CL A INTR G4R20B107 $18.5M 2.07% 3,414,933 SH
17 CREDICORP BAP G2519Y108 $17.1M 1.91% 43,967 SH
18 MICRON TECHNOLOGY INC MU 595112103 $16.7M 1.86% 14,500 SH
19 ALPHABET INC CLASS A COMMON STOCK GOOGL 02079K305 $15.7M 1.75% 43,900 SH
20 VISA INC. CMN CLASS A V 92826C839 $15.6M 1.74% 45,517 SH
21 MASTERCARD INCORPORATED CMN CLASS A MA 57636Q104 $15.2M 1.69% 29,622 SH
22 PETROLEO BRASILEIRO SA PETRO PBR.A 71654V101 $14.5M 1.62% 992,898 SH
23 AMAZON.COM INC CMN AMZN 023135106 $14.5M 1.61% 60,746 SH
24 MICROSOFT CORPORATION MSFT 594918104 $14.0M 1.56% 37,500 SH
25 META PLATFORMS INC-CLASS A CMN CLASS A META 30303M102 $14.0M 1.56% 24,792 SH
26 TAIWAN SEMICONDUCTOR MFG ADS LTD ADS 1ADS EQUALS 5ORDS TSM 874039100 $13.7M 1.52% 28,621 SH
27 NVIDIA CORPORATION CMN NVDA 67066G104 $12.3M 1.37% 61,339 SH
28 BANCO SANTANDER CHILE BSAC 05965X109 $11.1M 1.23% 336,710 SH
29 NVIDIA CORP NVDA 67066G104 $10.3M 1.15% 51,400 SH
30 MICROSOFT CORPORATION CMN MSFT 594918104 $10.1M 1.12% 26,957 SH
31 GRUPO CIBEST SA-ADR CIB 40090E106 $7.8M 0.87% 98,727 SH
32 WESTERN DIGITAL WDC 958102105 $7.2M 0.80% 11,300 SH
33 COHERENT CORP COHR 19247G107 $6.6M 0.74% 16,750 SH
34 LUMENTUM HOLDINGS INC LITE 55024U109 $6.4M 0.72% 7,500 SH
35 ALPHABET INC. CMN CLASS A GOOGL 02079K305 $6.2M 0.69% 17,350 SH
36 VALE SA SP ADR VALE 91912E105 $6.0M 0.67% 398,493 SH
37 CIA PARANAENSE DE ENER-ADR ELPC 20441B704 $5.4M 0.61% 466,331 SH
38 APPLIED OPTOELR AAOI 03823U102 $5.3M 0.59% 35,500 SH
39 SEAGATE TECHNOLOGY HOLDINGS STX G7997R103 $5.0M 0.56% 5,200 SH
40 GRUPO FINANCIERO GALICIA GGAL 399909100 $4.3M 0.47% 85,000 SH
41 SPOTIFY TECHNOLOGY S.A. CMN SPOT L8681T102 $4.0M 0.44% 8,626 SH
42 ITAU UNIBANCO HOLDING SA ITUB 465562106 $3.9M 0.44% 479,169 SH
43 ON HOLDING AG CMN CLASS A ONON H5919C104 $3.8M 0.43% 108,412 SH
44 BOOKING HOLDINGS INC. CMN BKNG 09857L108 $3.6M 0.40% 19,961 SH
45 MICRON TECHNOLOGY, INC. CMN MU 595112103 $3.0M 0.33% 2,583 SH
46 BROADCOM INC. CMN AVGO 11135F101 $2.7M 0.30% 7,098 SH
47 APPLE INC. CMN AAPL 037833100 $2.3M 0.25% 7,800 SH
48 BASIC SANITATION COMPANY OF THE STATE OF SBS 20441A102 $2.0M 0.23% 352,413 SH
49 ULTRAPAR PARTICIPACOES UGP 90400P101 $1.9M 0.21% 378,023 SH
50 TERADYNE INC CMN TER 880770102 $1.9M 0.21% 3,864 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-06 $898.0M 88 0001589176-26-000003
2026-06-30 2026-08-19 $898.0M 88 0001589176-26-000004
2026-03-31 2026-05-06 $1.20B 82 0001589176-26-000002
2025-12-31 2026-02-13 $978.9M 73 0001589176-26-000001
Filer Information
Address
RUA HUMAITA, 275, 6 ANDAR
HUMAITA
RIO DE JANEIRO, D5 22261000
Phone
552132031580
Filing Manager
SPX Gestao de Recursos Ltda
RIO DE JANEIRO, D5
Signatory
R. Travis Otten
Legal and Compliance Manager