Navi International - Administradora e Gestora de Recursos Fi — 13F Holdings & Portfolio
CIK 2044610 · latest 13F-HR filed 2026-05-15
Navi International - Administradora e Gestora de Recursos Fi manages $222.3M in 13F-reported U.S. long-equity assets across 14 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are NU (25.91%), MELI (23.57%), XP (22.95%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 2 new positions, exited 5, added to 8, and trimmed 3.
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.
$222.3M
Long-equity book
14
Distinct positions
2026-03-31
Filed 2026-05-15
+2 / −5 / ↑8 / ↓3
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- NU HLDGS LTD$48.5M +534.2%
- XP INC$41.4M +428.6%
- STONECO LTD$11.7M +68.2%
- PETROLEO BRASILEIRO S A$5.2M +48.8%
- CENTRAIS ELET BRAS SA$516.1K +135.1%
Top Trims
- MERCADOLIBRE INC-$18.5M -26.1%
- PETROLEO BRASILEIRO S A-$2.3M -28.9%
- BANCO BRADESCO S A-$1.1M -84.0%
Exited Positions
- ISHARES INC$12.4M
- ISHARES TR$6.9M
- ISHARES TR$3.3M
- CENTRAIS ELET BRAS SA$675.6K
- EVE HLDG INC$502.1K
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 | NU HLDGS LTD | NU | G6683N103 | $57.6M | 25.91% | 4,008,517 | SH |
| 2 | MERCADOLIBRE INC | MELI | 58733R102 | $52.4M | 23.57% | 30,306 | SH |
| 3 | XP INC | XP | G98239109 | $51.0M | 22.95% | 2,678,950 | SH |
| 4 | STONECO LTD | STNE | G85158106 | $28.8M | 12.98% | 2,043,105 | SH |
| 5 | PETROLEO BRASILEIRO S A | PBR.A | 71654V101 | $15.9M | 7.15% | 848,137 | SH |
| 6 | PETROLEO BRASILEIRO S A | PBR | 71654V408 | $5.5M | 2.49% | 266,925 | SH |
| 7 | SUZANO S A | SUZ | 86959K105 | $3.6M | 1.60% | 356,157 | SH |
| 8 | CENTRAIS ELET BRAS SA | AXIAP | 15235A102 | $2.4M | 1.08% | 190,920 | SH |
| 9 | GERDAU SA | GGB | 373737105 | $2.0M | 0.89% | 550,000 | SH |
| 10 | LATAM AIRLINES GROUP SA | LTM | 51817R205 | $1.0M | 0.46% | 20,652 | SH |
| 11 | CENTRAIS ELET BRAS SA | AXIA | 15234Q207 | $898.2K | 0.40% | 79,627 | SH |
| 12 | EMBRAER S.A. | EMBJ | 29082A107 | $707.5K | 0.32% | 11,923 | SH |
| 13 | BANCO BRADESCO S A | BBD | 059460303 | $204.8K | 0.09% | 56,096 | SH |
| 14 | ITAU UNIBANCO HLDG S A | ITUB | 465562106 | $203.6K | 0.09% | 24,298 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $222.3M | 14 | 0002044610-26-000003 |
| 2025-12-31 | 2026-05-15 | $204.9M | 20 | 0002044610-26-000002 |