Skip to main content
Livermore
Livermore
ZHEN

VPR Management LLC

SEC CIK
0001894203
Latest filing
Aug 14, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 14, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
60
0 vs. Q2 2025
Portfolio value
$220.1M
+$7.04M (+3.3%) vs. Q2 2025
Filed
Nov 14, 2025
SEC
Holdings of VPR Management LLC in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
Vanguard Ftse Developed Markets ETF921943858ETF525,600$31.5M14.3%00.0%Unchanged–
IAUiShares Gold TrustETF422,930$30.8M14.0%00.0%UnchangedHistory
Flexshares Tr33939L407MORNSTAR UPSTR497,600$21.8M9.9%−30,603−5.8%Reduced–
iShares Inc464286509MSCI CDA ETF351,800$17.8M8.1%00.0%Unchanged–
iShares Inc464286400MSCI BRAZIL ETF493,400$15.3M7.0%00.0%Unchanged–
Vanguard Morningstar Total Stock Market ETF922908769ETF40,800$13.4M6.1%00.0%Unchanged–
Vanguard Dividend Appreciation ETF921908844ETF52,630$11.4M5.2%00.0%Unchanged–
iShares Core MSCI Emerging Markets ETF46434G103ETF126,800$8.36M3.8%00.0%Unchanged–
VanEck ETF Trust92189H300JP MRGAN EM LOC316,200$8.07M3.7%00.0%Unchanged–
iShares Tr464288257MSCI ACWI ETF43,700$6.04M2.7%−49,600−53.2%Reduced–
NUNu Holdings Ltd.ORD SHS CL A307,600$4.92M2.2%−15,000−4.6%ReducedHistory
SPDR Index Shs FDS78463X541ST STR NAT ETF77,550$4.59M2.1%00.0%Unchanged–
MELIMercadolibre IncCOM1,594$3.73M1.7%+100+6.7%AddedHistory
AGNCAGNC Investment Corp.REIT342,500$3.35M1.5%−7,500−2.1%ReducedHistory
FCXFreeport-McMoran IncStock81,000$3.18M1.4%00.0%UnchangedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD425,256$3.12M1.4%00.0%UnchangedHistory
iShares Tr464288877EAFE VALUE ETF35,700$2.42M1.1%00.0%Unchanged–
iShares Tr46435G334MSCI UK ETF NEW55,900$2.35M1.1%00.0%Unchanged–
XOMExxonMobil Holdings CorpCOM19,200$2.16M1.0%00.0%UnchangedHistory
KOFCoca Cola Femsa SAB de CVSPONS ADS REP24,789$2.06M0.9%00.0%UnchangedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF37,700$2.04M0.9%00.0%Unchanged–
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG154,260$1.82M0.8%00.0%UnchangedHistory
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR132,846$1.68M0.8%00.0%UnchangedHistory
CVXChevron CorpStock8,700$1.35M0.6%00.0%UnchangedHistory
VALEVale S.A.SPONSORED ADS122,010$1.33M0.6%00.0%UnchangedHistory
RIORio Tinto PLCADR17,000$1.12M0.5%00.0%UnchangedHistory
BHPBHP Group LtdADR20,000$1.11M0.5%00.0%UnchangedHistory
AXIAYAXIA Energia S.A.SPONSORED ADR100,104$993.0K0.5%00.0%UnchangedHistory
ABEVAmbev S.A.SPONSORED ADR387,929$865.1K0.4%−228,910−37.1%ReducedHistory
State Street Energy Select Sector SPDR ETF81369Y506ETF8,000$714.7K0.3%00.0%Unchanged–
SBSCompanhia de Saneamento Basico Do Estado de Sao Paulo-SabespSPONSORED ADR28,680$713.8K0.3%00.0%UnchangedHistory
XPXP Inc.CL A37,068$696.5K0.3%00.0%UnchangedHistory
Vanguard Energy ETF92204A306ETF5,300$667.1K0.3%00.0%Unchanged–
JBSJBS N.V.ADR43,311$646.6K0.3%+43,311NewHistory
BBDBank BradescoSP ADR PFD NEW187,900$635.1K0.3%00.0%UnchangedHistory
Vanguard Morningstar Value ETF922908744ETF3,350$624.7K0.3%00.0%Unchanged–
NLYAnnaly Capital Management IncREIT30,000$606.3K0.3%−5,000−14.3%ReducedHistory
VIVTelefonica Brasil S.A.SPONSORED ADS41,185$525.1K0.2%−31,190−43.1%ReducedHistory
BSBRBanco Santander (Brasil) S.A.ADS REP 1 UNIT88,050$492.2K0.2%−69,880−44.2%ReducedHistory
ARCCAres Capital CorpCEF22,773$464.8K0.2%+10,273+82.2%AddedHistory
STNEStoneCo Ltd.COM22,040$416.8K0.2%00.0%UnchangedHistory
iShares Tr464288281JPMORGAN USD EMG4,300$409.3K0.2%00.0%Unchanged–
OBDCBlue Owl Capital CorpCOM29,495$376.7K0.2%+14,886+101.9%AddedHistory
SHELShell plcADR5,000$357.6K0.2%00.0%UnchangedHistory
TIMBTim S.A.SPONSORED ADR15,760$351.8K0.2%−4,590−22.6%ReducedHistory
SUZSuzano S.A.SPON ADS33,605$315.9K0.1%−25,230−42.9%ReducedHistory
FSKFS KKR Capital CorpCOM21,000$313.5K0.1%+10,500+100.0%AddedHistory
CIGEnergy Co of Minas GeraisSP ADR N-V PFD147,547$311.3K0.1%00.0%UnchangedHistory
Schwab US Tips ETF808524870ETF10,000$269.5K0.1%00.0%Unchanged–
GGBGerdau S.A.SPON ADR REP PFD86,242$267.4K0.1%00.0%UnchangedHistory
MAINMain Street Capital CORPCEF4,124$262.2K0.1%+85+2.1%AddedHistory
COPConocoPhillipsStock2,700$255.4K0.1%00.0%UnchangedHistory
UGPUltrapar Holdings IncSP ADR REP COM46,700$191.5K0.1%00.0%UnchangedHistory
TTETotalEnergies SESPONSORED ADS3,000$179.1K0.1%00.0%UnchangedHistory
CSWCCapital Southwest CorpCOM5,500$120.2K0.1%+3,000+120.0%AddedHistory
OCSLOaktree Specialty Lending CorpCOM8,240$107.5K<0.1%+240+3.0%AddedHistory
SIDNational Steel CoSPONSORED ADR55,740$83.6K<0.1%00.0%UnchangedHistory
CCAPCrescent Capital BDC, Inc.COM5,000$71.3K<0.1%+3,000+150.0%AddedHistory
CSANCosan S.A.ADS10,920$50.2K<0.1%−8,160−42.8%ReducedHistory
BAKBraskem SASP ADR PFD A9,510$23.0K<0.1%−7,720−44.8%ReducedHistory

Sold out since Q2 2025 (1)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of VPR Management LLC sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
BRF SA10552T107SPONSORED ADR46,008$167.9K0.1%–