Carmignac Gestion’s Itaú Unibanco ITUB Stock Holding History

Carmignac Gestion’s Portfolio ITUB Stock Details ITUB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$99.8M	Buy	12,219,314 +3,589,092	+42%	+$29.7M	1.3%	21
2026 Q1	$72.3M	Buy	8,630,222 +1,477,637	+21%	+$12.4M	1.11%	24
2025 Q4	$51.2M	Sell	7,152,585 -4,469,096	-38%	-$31.8M	0.69%	29
2025 Q3	$82.8M	Sell	11,621,681 -2,845,812	-20%	-$18.8M	1.23%	22
2025 Q2	$95.4M	Sell	14,467,493 -1,900,999	-12%	-$11.6M	1.47%	23
2025 Q1	$87.4M	Sell	16,368,492 -2,290,968	-12%	-$11.5M	1.44%	23
2024 Q4	$81.7M	Buy	18,659,460 +397,570	+2%	+$2.05M	1.3%	24
2024 Q3	$107M	Hold	18,261,890	–	–	1.79%	18
2024 Q2	$94.1M	Buy	18,261,890 +3,019,996	+20%	+$16.5M	1.61%	17
2024 Q1	$93.2M	Buy	15,241,894 +138,905	+0.9%	+$836K	1.47%	18
2023 Q4	$92.6M	Buy	+15,102,989	New	+$80.1M	1.56%	22
2021 Q1	–	Sell	-28,276,166	Closed	-$125M	–	150
2020 Q4	$125M	Buy	+28,276,166	New	+$106M	1.31%	33

Other funds holding ITUB

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

WGI

Westwood Global Investments Boston, Massachusetts $2.85B AUM 55.09% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $141B AUM 34.18% 1-Year Est. Return

GQG Partners Ft. Lauderdale, Florida $53.8B AUM 19.23% 1-Year Est. Return

Robeco Institutional Asset Management Rotterdam, Netherlands $81.4B AUM 40.71% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Carmignac Gestion's ITUB Position: Q2 2026 in Review

Carmignac Gestion increased its Itaú Unibanco (ITUB) stake by 42% in Q2 2026, buying an estimated $29.7M and bringing the position to 12,219,314 shares worth $99.8M. The position accounts for 1.3% of the portfolio, ranked #21.

Carmignac Gestion first reported a position in ITUB in Q4 2020 and has held it in 12 quarters since. The position peaked at $125M in Q4 2020. 392 funds tracked by Wall St. Rank hold ITUB as of Q2 2026.

Carmignac Gestion held 12,219,314 shares of Itaú Unibanco worth $99.8M as of Q2 2026.
Carmignac Gestion bought 3,589,092 Itaú Unibanco shares in Q2 2026, an estimated $29.7M.
Itaú Unibanco made up 1.3% of Carmignac Gestion's portfolio in Q2 2026, its #21 holding.
Carmignac Gestion first reported a position in Itaú Unibanco in Q4 2020 and has held it in 12 quarters since.
Carmignac Gestion's Itaú Unibanco position peaked at $125M in Q4 2020.
392 funds tracked by Wall St. Rank held Itaú Unibanco as of Q2 2026.

Based on Carmignac Gestion's 13F filing for Q2 2026, filed 13 Aug 2026.