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XP Inc.

XP
Exchange
Nasdaq
Industry
Security Brokers, Dealers & Flotation Companies
SEC CIK
0001787425

In the last 90 days, XP Inc. insiders filed 0 open-market purchases and 1 sale; 321 institutions reported holding it in 13F filings for Q2 2026, worth $5.42B in total; Oaktree Capital is the only superinvestor holding it.

13F holders, Q1 2025

Institutional positions in XP Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
296
+4 vs. Q4 2024
Shares held
340.1M
−6.85M (−2.0%) vs. Q4 2024
Total value
$4.68B
+$563.3M (+13.7%) vs. Q4 2024
New holders
58
127 more added
Sold out
54
81 more reduced

2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting XP on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 296 institutions
Q1 2021: 149 institutionsQ2 2021: 166 institutionsQ3 2021: 168 institutionsQ4 2021: 234 institutionsQ1 2022: 237 institutionsQ2 2022: 200 institutionsQ3 2022: 200 institutionsQ4 2022: 199 institutionsQ1 2023: 192 institutionsQ2 2023: 225 institutionsQ3 2023: 258 institutionsQ4 2023: 301 institutionsQ1 2024: 299 institutionsQ2 2024: 265 institutionsQ3 2024: 292 institutionsQ4 2024: 294 institutionsQ1 2025: 296 institutionsQ2 2025: 313 institutionsQ3 2025: 328 institutionsQ4 2025: 343 institutionsQ1 2026: 359 institutionsQ2 2026: 321 institutions
Value heldQ1 2025: $4.68B
Q1 2021: $6.85BQ2 2021: $7.92BQ3 2021: $7.43BQ4 2021: $7.32BQ1 2022: $8.16BQ2 2022: $4.71BQ3 2022: $5.00BQ4 2022: $4.39BQ1 2023: $3.45BQ2 2023: $6.67BQ3 2023: $6.44BQ4 2023: $7.62BQ1 2024: $8.13BQ2 2024: $5.47BQ3 2024: $6.21BQ4 2024: $4.15BQ1 2025: $4.68BQ2 2025: $6.96BQ3 2025: $6.45BQ4 2025: $5.72BQ1 2026: $6.33BQ2 2026: $5.42B
Institutions holding XP and their total value by quarter
QuarterHoldersValue
Q2 2026321$5.42B
Q1 2026359$6.33B
Q4 2025343$5.72B
Q3 2025328$6.45B
Q2 2025313$6.96B
Q1 2025296$4.68B
Q4 2024294$4.15B
Q3 2024292$6.21B
Q2 2024265$5.47B
Q1 2024299$8.13B
Q4 2023301$7.62B
Q3 2023258$6.44B
Q2 2023225$6.67B
Q1 2023192$3.45B
Q4 2022199$4.39B
Q3 2022200$5.00B
Q2 2022200$4.71B
Q1 2022237$8.16B
Q4 2021234$7.32B
Q3 2021168$7.43B
Q2 2021166$7.92B
Q1 2021149$6.85B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding XP Inc.; share changes are against Q4 2024.

Institutions holding XP in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Dodge & Cox42,537,845$584.9M0.33%−615,400−1.4%Reduced
BlackRock, Inc.41,065,213$564.6M0.01%−4,113,794−9.1%Reduced
Capital World Investors39,691,272$545.8M0.09%+10,421,768+35.6%Added
General Atlantic LLC29,617,733$407.2M13.67%00.0%Unchanged
Mawer Investment Management Ltd.24,589,426$338.1M1.63%−12,090,798−33.0%Reduced
State Street Corp9,571,046$131.6M0.01%−42,549−0.4%Reduced
Squadra Investments - Gestao de Recursos Ltda.9,252,142$127.2M46.72%+1,634,246+21.5%Added
Atmos Capital Gestao de Recursos Ltda.8,941,951$123.0M25.83%+1,505,922+20.3%Added
Arrowstreet Capital, Limited Partnership7,974,293$109.6M0.09%−1,238,786−13.4%Reduced
Wellington Management Group LLP5,993,854$82.4M0.02%+2,267,673+60.9%Added
Vanguard Group Inc5,267,865$72.4M0.00%−4,390,330−45.5%Reduced
Norges Bank4,952,727$68.1M0.01%−40,131−0.8%Reduced
Geode Capital Management, LLC4,574,535$62.6M0.00%+81,072+1.8%Added
Morgan Stanley4,417,896$60.7M0.00%−1,581,192−26.4%Reduced
Canada Pension Plan Investment Board4,405,487$60.6M0.06%−1,223,585−21.7%Reduced
Seafarer Capital Partners, LLC4,071,000$60.0M19.43%00.0%Unchanged
Fisher Asset Management, LLC4,169,263$57.3M0.02%−237,628−5.4%Reduced
FMR LLC3,202,466$44.0M0.00%−4,830,757−60.1%Reduced
Franklin Resources Inc3,142,413$43.2M0.01%+3,179+0.1%Added
Jennison Associates LLC2,871,449$39.5M0.03%+2,871,449New
Legal & General Group Plc2,734,634$37.6M0.01%+76,567+2.9%Added
Northern Trust Corp2,655,067$36.5M0.01%+202,190+8.2%Added
UBS Asset Management Americas Inc2,629,575$36.2M0.01%+236,474+9.9%Added
Bank of America Corp2,606,892$35.8M0.00%+467,877+21.9%Added
SPX Equities Gestao de Recursos Ltda2,497,615$34.3M4.44%+2,497,615New
Voloridge Investment Management, LLC2,414,763$33.2M0.12%−1,321,539−35.4%Reduced
Citadel Advisors LLC2,401,459$33.0M0.03%+1,180,672+96.7%Added
SG Americas Securities, LLC2,367,555$32.6M0.11%+2,336,665+7,564.5%Added
Millennium Management LLC2,253,313$31.0M0.03%+1,729,624+330.3%Added
Assenagon Asset Management S.A.2,148,357$29.5M0.05%+2,134,033+14,898.3%Added
Ninety One UK Ltd2,060,202$28.3M0.08%−1,002,346−32.7%Reduced
Man Group plc1,911,354$26.3M0.08%+1,494,279+358.3%Added
CIBC World Markets Corp1,832,600$25.2M0.20%+1,832,600New
JPMorgan Chase & Co1,821,009$25.0M0.00%−21,932−1.2%Reduced
D. E. Shaw & Co., Inc.1,818,273$25.0M0.03%+1,645,260+950.9%Added
First Trust Advisors LP1,751,309$24.1M0.02%+1,411,471+415.3%Added
Bamco Inc1,661,829$22.9M0.07%−78,063−4.5%Reduced
Nuveen, LLC1,657,881$22.8M0.01%+1,657,881New
Ameriprise Financial Inc1,579,666$21.7M0.01%+249,767+18.8%Added
CIBC World Markets Inc.1,511,200$20.8M0.05%+1,511,200New
Bank of New York Mellon Corp1,415,268$19.5M0.00%+10,456+0.7%Added
INCA Investments LLC1,358,239$18.7M8.55%00.0%Unchanged
Praetorian PR LLC1,200,000$16.5M7.50%+200,000+20.0%Added
Goldman Sachs Group Inc1,111,511$15.3M0.00%−736,359−39.8%Reduced
BNP Paribas Arbitrage, SA1,099,606$15.1M0.01%−1,182,374−51.8%Reduced
Fourth Sail Capital LP969,296$13.3M3.12%+969,296New
Janney Montgomery Scott LLC947,208$13.0M0.04%+110,264+13.2%Added
Amundi868,543$12.4M0.00%+389,202+81.2%Added
Swiss National Bank843,264$11.6M0.01%+2,800+0.3%Added
Marshall Wace, LLP832,435$11.4M0.02%+171,679+26.0%Added
Citigroup Inc827,162$11.4M0.01%−826,772−50.0%Reduced
Absoluto Partners Gestao de Recursos Ltda811,519$11.2M10.12%+153,537+23.3%Added
JGP Global Gestao de Recursos Ltda.795,194$10.9M8.36%+795,194New
Sumitomo Mitsui Trust Holdings, Inc.709,762$9.76M0.01%+101,950+16.8%Added
California Public Employees Retirement System674,658$9.28M0.01%−22,683−3.3%Reduced
Sustainable Growth Advisers, LP671,993$9.24M0.05%+81,371+13.8%Added
Trexquant Investment LP653,590$8.99M0.10%−411,348−38.6%Reduced
Robeco Institutional Asset Management B.V.620,110$8.53M0.02%+64,115+11.5%Added
Walleye Capital LLC610,625$8.40M0.09%+508,005+495.0%Added
PDT Partners, LLC560,940$7.71M0.55%+287,067+104.8%Added
Deutsche Bank AG558,397$7.68M0.00%+40,840+7.9%Added
HRT Financial LP543,070$7.47M0.05%+251,023+86.0%Added
Mitsubishi UFJ Trust & Banking Corp537,844$7.40M0.02%+310,175+136.2%Added
Earnest Partners LLC503,741$6.93M0.03%−22,552−4.3%Reduced
Banco BTG Pactual S.A.455,855$6.27M1.56%+455,855New
Rhumbline Advisers423,288$5.82M0.01%−6,051−1.4%Reduced
Renaissance Technologies LLC413,887$5.69M0.01%+196,887+90.7%Added
Invesco Ltd.393,841$5.42M0.00%+69,759+21.5%Added
Engineers Gate Manager LP368,862$5.07M0.09%+187,913+103.8%Added
Mackenzie Financial Corp363,284$5.00M0.01%+363,284New
New York State Common Retirement Fund359,947$4.95M0.01%+96,200+36.5%Added
Voya Investment Management LLC354,641$4.88M0.01%−753−0.2%Reduced
Pictet Asset Management Holding SA352,295$4.84M0.01%−7,345−2.0%Reduced
Point72 Asset Management, L.P.352,083$4.84M0.01%+83,108+30.9%Added
Loomis Sayles & Co L P332,603$4.57M0.01%+67,821+25.6%Added
Jarislowsky, Fraser Ltd322,352$4.43M0.03%−163,766−33.7%Reduced
Royal London Asset Management Ltd319,400$4.39M0.01%+33,600+11.8%Added
UBS Group AG317,085$4.36M0.00%−394,187−55.4%Reduced
Public Sector Pension Investment Board314,700$4.33M0.02%00.0%Unchanged
FIL Ltd306,082$4.21M0.00%−1,384,502−81.9%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.301,105$4.14M0.00%00.0%Unchanged
Prudential Financial Inc243,360$4.04M0.01%+157,300+182.8%Added
Quadrature Capital Ltd289,964$3.98M0.09%+148,557+105.1%Added
State Board of Administration of Florida Retirement System289,347$3.98M0.01%+21,350+8.0%Added
Optiver Holding B.V.280,998$3.86M0.15%+274,163+4,011.2%Added
Alliancebernstein L.P.262,941$3.62M0.00%+47,277+21.9%Added
Aviva PLC257,156$3.54M0.01%+4,356+1.7%Added
Police & Firemen's Retirement System of New Jersey247,628$3.40M0.03%+7,862+3.3%Added
Treasurer of the State of North Carolina234,376$3.22M0.01%+7,421+3.3%Added
Graham Capital Management, L.P.228,782$3.15M0.10%+9,846+4.5%Added
Dark Forest Capital Management LP227,609$3.13M0.14%+227,609New
Russell Investments Group, Ltd.227,266$3.12M0.00%−304,415−57.3%Reduced
Kapitalo Investimentos Ltda225,664$3.10M0.63%00.0%Unchanged
AQR Capital Management LLC217,557$2.99M0.00%+190,115+692.8%Added
Cubist Systematic Strategies, LLC210,027$2.89M0.04%−327,341−60.9%Reduced
CenterBook Partners LP202,894$2.79M0.18%+202,894New
BW Gestao de Investimentos Ltda.200,000$2.75M0.31%+200,000New
Qsemble Capital Management, LP196,922$2.71M0.29%+157,745+402.6%Added
ExodusPoint Capital Management, LP193,259$2.66M0.04%+193,259New
Handelsbanken Fonder AB190,856$2.62M0.01%−73,375−27.8%Reduced