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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, Q2 2025

Institutional positions in XP Inc. as of Jun 30, 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
313
+20 vs. Q1 2025
Shares held
344.5M
+4.44M (+1.3%) vs. Q1 2025
Total value
$6.96B
+$2.28B (+48.6%) vs. Q1 2025
New holders
62
128 more added
Sold out
42
95 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 313 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 heldQ2 2025: $6.96B
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, Q2 2025

Shares, value and share of portfolio for each institution holding XP Inc.; share changes are against Q1 2025.

Institutions holding XP in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.46,843,083$946.2M0.02%+5,777,870+14.1%Added
Capital World Investors41,609,086$840.5M0.12%+1,917,814+4.8%Added
Dodge & Cox34,308,445$693.0M0.39%−8,229,400−19.3%Reduced
General Atlantic LLC25,517,733$515.5M14.20%−4,100,000−13.8%Reduced
Arrowstreet Capital, Limited Partnership10,856,191$219.3M0.15%+2,881,898+36.1%Added
State Street Corp9,696,864$195.9M0.01%+125,818+1.3%Added
Morgan Stanley8,920,302$180.2M0.01%+4,502,406+101.9%Added
Massachusetts Financial Services Co8,673,120$175.2M0.06%+8,673,120New
Atmos Capital Gestao de Recursos Ltda.8,103,248$163.7M25.37%−838,703−9.4%Reduced
Orbis Allan Gray Ltd8,001,932$161.6M0.79%+8,001,932New
Squadra Investments - Gestao de Recursos Ltda.7,704,433$155.6M39.17%−1,547,709−16.7%Reduced
Schroder Investment Management Group7,047,885$142.4M0.12%+7,047,885New
Norges Bank5,111,658$103.3M0.01%+158,931+3.2%Added
Geode Capital Management, LLC4,578,191$92.0M0.01%+3,656+0.1%Added
Fisher Asset Management, LLC4,513,977$91.2M0.04%+344,714+8.3%Added
Bank of America Corp4,172,651$84.3M0.01%+1,565,759+60.1%Added
Seafarer Capital Partners, LLC4,071,000$82.2M22.46%00.0%Unchanged
Canada Pension Plan Investment Board3,907,937$78.9M0.07%−497,550−11.3%Reduced
FMR LLC3,709,373$74.9M0.00%+506,907+15.8%Added
Voloridge Investment Management, LLC3,502,827$70.8M0.26%+1,088,064+45.1%Added
AQR Capital Management LLC3,336,183$67.4M0.06%+3,118,626+1,433.5%Added
Vanguard Group Inc3,096,577$62.6M0.00%−2,171,288−41.2%Reduced
Jennison Associates LLC2,837,056$57.3M0.03%−34,393−1.2%Reduced
UBS Asset Management Americas Inc2,757,858$55.7M0.01%+128,283+4.9%Added
Northern Trust Corp2,687,297$54.3M0.01%+32,230+1.2%Added
Legal & General Group Plc2,595,785$52.4M0.01%−138,849−5.1%Reduced
Los Angeles Capital Management LLC2,563,564$51.8M0.19%+2,563,564New
Franklin Resources Inc2,488,466$50.3M0.01%−653,947−20.8%Reduced
Acadian Asset Management LLC2,297,353$46.4M0.10%+2,246,544+4,421.5%Added
Causeway Capital Management LLC2,280,437$46.1M0.73%+2,280,437New
Ameriprise Financial Inc2,171,878$43.9M0.01%+592,212+37.5%Added
JPMorgan Chase & Co2,086,127$42.1M0.00%+265,118+14.6%Added
Bamco Inc1,910,290$38.6M0.10%+248,461+15.0%Added
Ninety One UK Ltd1,875,636$37.9M0.09%−184,566−9.0%Reduced
Goldman Sachs Group Inc1,866,215$37.7M0.01%+754,704+67.9%Added
American Century Companies Inc1,854,409$37.5M0.02%+1,725,021+1,333.2%Added
Amundi1,791,463$35.2M0.01%+922,920+106.3%Added
BNP Paribas Arbitrage, SA1,609,120$32.5M0.03%+509,514+46.3%Added
Millennium Management LLC1,591,237$32.1M0.03%−662,076−29.4%Reduced
Natixis1,452,319$29.3M0.15%+1,323,470+1,027.1%Added
Nuveen, LLC1,447,118$29.2M0.01%−210,763−12.7%Reduced
First Trust Advisors LP1,371,336$27.7M0.02%−379,973−21.7%Reduced
Marshall Wace, LLP1,309,190$26.4M0.03%+476,755+57.3%Added
INCA Investments LLC1,306,590$26.4M10.25%−51,649−3.8%Reduced
Federated Hermes, Inc.1,260,707$25.5M0.05%+1,250,037+11,715.4%Added
Bank of New York Mellon Corp1,259,605$25.4M0.00%−155,663−11.0%Reduced
CIBC World Markets Corp1,228,500$24.8M0.16%−604,100−33.0%Reduced
CIBC World Markets Inc.1,210,200$24.4M0.05%−301,000−19.9%Reduced
Public Employees Retirement System of Ohio1,117,636$22.6M0.08%+935,858+514.8%Added
Praetorian PR LLC1,000,000$20.2M18.69%−200,000−16.7%Reduced
Mitsubishi UFJ Trust & Banking Corp976,218$19.7M0.05%+438,374+81.5%Added
Man Group plc958,732$19.4M0.04%−952,622−49.8%Reduced
TB Capital Gestao de Recursos Ltda.914,777$18.5M16.03%+914,777New
JGP Global Gestao de Recursos Ltda.854,252$17.3M8.44%+59,058+7.4%Added
Swiss National Bank841,364$17.0M0.01%−1,900−0.2%Reduced
SEI Investments Co785,284$15.9M0.02%+601,325+326.9%Added
Absolute Gestao de Investimentos Ltda.780,292$15.8M5.13%+597,584+327.1%Added
Absoluto Partners Gestao de Recursos Ltda762,871$15.4M10.87%−48,648−6.0%Reduced
Sumitomo Mitsui Trust Holdings, Inc.756,016$15.3M0.01%+46,254+6.5%Added
California Public Employees Retirement System723,423$14.6M0.01%+48,765+7.2%Added
Janney Montgomery Scott LLC704,197$14.2M0.04%−243,011−25.7%Reduced
Citigroup Inc692,522$14.0M0.01%−134,640−16.3%Reduced
Crossmark Global Holdings, Inc.690,670$14.0M0.23%+646,062+1,448.3%Added
Mackenzie Financial Corp675,329$13.6M0.02%+312,045+85.9%Added
HRT Financial LP670,841$13.6M0.06%+127,771+23.5%Added
Y-Intercept (Hong Kong) Ltd670,364$13.5M0.33%+640,699+2,159.8%Added
Robeco Institutional Asset Management B.V.654,510$13.2M0.02%+34,400+5.5%Added
PDT Partners, LLC640,089$12.9M0.73%+79,149+14.1%Added
Caisse de Depot Et Placement du Quebec638,640$12.9M0.03%+638,640New
Deutsche Bank AG594,219$12.0M0.00%+35,822+6.4%Added
Engineers Gate Manager LP585,648$11.8M0.15%+216,786+58.8%Added
D. E. Shaw & Co., Inc.499,517$10.1M0.01%−1,318,756−72.5%Reduced
Treasurer of the State of North Carolina481,531$9.73M0.03%+247,155+105.5%Added
Pictet Asset Management Holding SA475,255$9.60M0.01%+122,960+34.9%Added
UBS Group AG458,507$9.26M0.00%+141,422+44.6%Added
Two Sigma Advisers, LP457,228$9.24M0.02%+387,200+552.9%Added
Sustainable Growth Advisers, LP455,107$9.19M0.05%−216,886−32.3%Reduced
Capitolis Liquid Global Markets LLC447,000$9.03M0.07%+447,000New
Rhumbline Advisers418,139$8.45M0.01%−5,149−1.2%Reduced
Russell Investments Group, Ltd.413,858$8.27M0.01%+186,592+82.1%Added
Twinbeech Capital LP399,512$8.07M0.18%+399,512New
Earnest Partners LLC394,315$7.97M0.04%−109,426−21.7%Reduced
Voya Investment Management LLC366,780$7.41M0.01%+12,139+3.4%Added
Citadel Advisors LLC362,853$7.33M0.01%−2,038,606−84.9%Reduced
Invesco Ltd.353,475$7.14M0.00%−40,366−10.2%Reduced
Loomis Sayles & Co L P353,217$7.13M0.01%+20,614+6.2%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.352,724$7.13M0.01%+51,619+17.1%Added
Cubist Systematic Strategies, LLC342,947$6.93M0.08%+132,920+63.3%Added
Banco BTG Pactual S.A.339,000$6.85M1.39%−116,855−25.6%Reduced
Royal London Asset Management Ltd331,700$6.70M0.02%+12,300+3.9%Added
FIL Ltd330,991$6.69M0.01%+24,909+8.1%Added
Globeflex Capital L P329,232$6.65M0.55%+329,232New
Verition Fund Management LLC325,169$6.57M0.04%+243,552+298.4%Added
Jarislowsky, Fraser Ltd325,157$6.57M0.04%+2,805+0.9%Added
Public Sector Pension Investment Board314,700$6.36M0.03%00.0%Unchanged
Exchange Traded Concepts, LLC301,631$6.09M0.08%+240,902+396.7%Added
State Board of Administration of Florida Retirement System292,798$5.91M0.01%+3,451+1.2%Added
New York State Common Retirement Fund282,968$5.72M0.01%−76,979−21.4%Reduced
SPX Equities Gestao de Recursos Ltda277,825$5.61M0.53%−2,219,790−88.9%Reduced
Capital Fund Management S.A.276,055$5.58M0.06%+247,972+883.0%Added