We are live on
!
Find out more
SGDR
SPX Gestao de Recursos Portfolio holdings
AUM
$898M
1-Year Est. Return
45.5%
This Fund
S&P 500
This Quarter
Est. Return
+5.46%
1 Year Est. Return
+45.5%
3 Year Est. Return
+98.09%
5 Year Est. Return
+114.57%
10 Year Est. Return
+554.2%
AUM
$979M
AUM Growth
-$224M
(-19%)
Cap. Flow
-$263M
Cap. Flow
% of AUM
-26.9%
Top 10 Holdings %
Top 10 Hldgs %
60.86%
Holding
177
New
17
Increased
24
Reduced
24
Closed
108
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
StoneCo
STNE
|
+$80M |
| 2 |
KraneShares CSI China Internet ETF
KWEB
|
+$79.8M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$55M |
| 4 |
XP
XP
|
+$38.6M |
| 5 |
First Solar
FSLR
|
+$22.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vale
VALE
|
+$130M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$79M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
+$49.6M |
| 4 |
Vistra
VST
|
+$41.6M |
| 5 |
Petrobras
PBR
|
+$37M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.95% |
| 2 | Technology | 19.57% |
| 3 | Energy | 13.18% |
| 4 | Materials | 10.84% |
| 5 | Consumer Discretionary | 10.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Shell
SHEL
$250B
| – | – |
-12,198
| Closed | -$873K |
|
127
Shoals Technologies Group
SHLS
$1.47B
| – | – |
-38,000
| Closed | -$282K |
|
128
Snowflake
SNOW
$116B
| – | – |
-5,600
| Closed | -$1.26M |
|
129
TSMC
TSM
$2.19T
| – | – |
-5,600
| Closed | -$1.56M |
|
130
Take-Two Interactive
TTWO
$46.8B
| – | – |
-10,000
| Closed | -$2.58M |
|
131
Uber
UBER
$160B
| – | – |
-20,000
| Closed | -$1.96M |
|
132
Uranium Energy
UEC
$5.67B
| – | – |
-215,000
| Closed | -$2.87M |
|
133
Energy Fuels
UUUU
$3.69B
| – | – |
-196,000
| Closed | -$3.01M |
|
|
134
Vistra
VST
$48.6B
| – | – |
-212,500
| Closed | -$41.6M |
|
|
VSTA
135
DELISTED
Vasta Platform
VSTA
| – | – |
-1,550
| Closed | -$7.7K |
|
136
Waldencast PLC Warrant
WALDW
$4.16M
| – | – |
-1,988
| Closed | -$76 |
|
137
Western Digital
WDC
$151B
| – | – |
-20,000
| Closed | -$2.4M |
|
138
GE Vernova
GEV
$269B
| – | – |
-28,700
| Closed | -$17.6M |
|
|
CNR
139
Core Natural Resources Inc
CNR
$4.65B
| – | – |
-82,000
| Closed | -$6.85M |
|
|
NBIS
140
Nebius Group N.V.
NBIS
$49.1B
| – | – |
-11,200
| Closed | -$1.26M |
|
|
CRWV
141
CoreWeave
CRWV
$49.3B
| – | – |
-7,000
| Closed | -$958K |
|
|
BMNR
142
BitMine Immersion Technologies
BMNR
$10.9B
| – | – |
-16,800
| Closed | -$872K |
|
Similar funds
WP
GEM
WIC
FTM
GGH
SI
BFFIM
AIC
SPX Gestao de Recursos's Q4 2025 Portfolio in Review
As of Q4 2025, SPX Gestao de Recursos held 177 positions worth $979M, down 19% from $1.2B the previous quarter. Its ten largest holdings account for 61% of the portfolio.
SPX Gestao de Recursos withdrew a net $263M in Q4 2025, closing 108 positions and reducing 24 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $79M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 17% a quarter earlier, followed by Technology and Energy.
Against the trend, SPX Gestao de Recursos opened a new position in KraneShares CSI China Internet ETF worth $70.7M.
- SPX Gestao de Recursos's largest Q4 2025 buy was KraneShares CSI China Internet ETF: 2,075,400 shares worth $70.7M.
- SPX Gestao de Recursos added most to StoneCo in Q4 2025, an estimated $80M increase.
- SPX Gestao de Recursos's biggest Q4 2025 reduction was Vale, cutting an estimated $130M.
- SPX Gestao de Recursos fully exited iShares MSCI Emerging Markets ETF in Q4 2025, selling an estimated $79M.
- SPX Gestao de Recursos's ten largest holdings make up 61% of its $979M portfolio in Q4 2025.
- SPX Gestao de Recursos opened 17 new positions and closed 108 in Q4 2025.
- SPX Gestao de Recursos's portfolio value fell 19% quarter-over-quarter to $979M.
Based on SPX Gestao de Recursos's 13F filing for Q4 2025, filed 13 Feb 2026.