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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, Q3 2025

Institutional positions in XP Inc. as of Sep 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
328
+19 vs. Q2 2025
Shares held
343.3M
+5.11M (+1.5%) vs. Q2 2025
Total value
$6.45B
−$380.4M (−5.6%) vs. Q2 2025
New holders
71
114 more added
Sold out
52
103 more reduced

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 328 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 heldQ3 2025: $6.45B
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, Q3 2025

Shares, value and share of portfolio for each institution holding XP Inc.; share changes are against Q2 2025.

Institutions holding XP in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.44,870,853$843.1M0.01%−1,972,230−4.2%Reduced
Capital World Investors39,906,091$749.8M0.10%−1,702,995−4.1%Reduced
Dodge & Cox34,478,145$647.8M0.35%+169,700+0.5%Added
General Atlantic LLC25,517,733$479.5M14.40%00.0%Unchanged
Schroder Investment Management Group12,288,191$230.9M0.18%+5,240,306+74.4%Added
Massachusetts Financial Services Co10,962,039$206.0M0.06%+2,288,919+26.4%Added
Arrowstreet Capital, Limited Partnership10,638,198$199.9M0.13%−217,993−2.0%Reduced
State Street Corp9,358,069$175.8M0.01%−338,795−3.5%Reduced
ARGA Investment Management, LP9,080,037$170.6M4.52%+9,080,037New
Morgan Stanley8,410,636$158.0M0.01%−509,666−5.7%Reduced
Atmos Capital Gestao de Recursos Ltda.8,348,466$156.9M22.17%+245,218+3.0%Added
FMR LLC7,199,144$135.3M0.01%+3,489,771+94.1%Added
Squadra Investments - Gestao de Recursos Ltda.6,867,388$129.0M30.31%−837,045−10.9%Reduced
Ninety One UK Ltd5,652,624$106.2M0.23%+3,776,988+201.4%Added
Geode Capital Management, LLC4,662,204$87.2M0.01%+84,013+1.8%Added
Fisher Asset Management, LLC4,518,971$84.9M0.03%+4,994+0.1%Added
Canada Pension Plan Investment Board3,907,937$73.4M0.05%00.0%Unchanged
Bank of America Corp3,827,966$71.9M0.01%−344,685−8.3%Reduced
Seafarer Capital Partners, LLC3,771,000$70.9M20.21%−300,000−7.4%Reduced
Vanguard Group Inc3,614,167$67.9M0.00%+517,590+16.7%Added
Jennison Associates LLC2,754,791$51.8M0.03%−82,265−2.9%Reduced
Northern Trust Corp2,565,313$48.2M0.01%−121,984−4.5%Reduced
Causeway Capital Management LLC2,538,130$47.7M0.63%+257,693+11.3%Added
Legal & General Group Plc2,531,899$47.6M0.01%−63,886−2.5%Reduced
Franklin Resources Inc2,478,025$46.6M0.01%−10,441−0.4%Reduced
American Century Companies Inc2,420,192$45.5M0.02%+565,783+30.5%Added
Voloridge Investment Management, LLC2,206,185$41.5M0.14%−1,296,642−37.0%Reduced
Oaktree Capital Management LPSuperinvestorOaktree Capital2,032,877$38.2M0.64%+2,032,877New
SPX Equities Gestao de Recursos Ltda2,000,292$37.6M3.15%+1,722,467+620.0%Added
Tredje AP-fonden1,923,000$36.1M0.29%+1,923,000New
Ameriprise Financial Inc1,875,989$35.3M0.01%−295,889−13.6%Reduced
Bamco Inc1,855,610$34.9M0.09%−54,680−2.9%Reduced
William Blair Investment Management, LLC1,852,597$34.8M0.09%+1,852,597New
Russell Investments Group, Ltd.1,465,692$27.6M0.03%+1,051,834+254.2%Added
Federated Hermes, Inc.1,463,175$27.5M0.05%+202,468+16.1%Added
Nuveen, LLC1,428,943$26.8M0.01%−18,175−1.3%Reduced
JPMorgan Chase & Co1,316,596$24.7M0.00%−769,531−36.9%Reduced
Bank of New York Mellon Corp1,278,053$24.0M0.00%+18,448+1.5%Added
Public Employees Retirement System of Ohio1,256,757$23.6M0.07%+139,121+12.4%Added
Ninety One North America, Inc.1,240,002$23.3M1.06%+1,240,002New
First Trust Advisors LP1,229,713$23.1M0.02%−141,623−10.3%Reduced
Los Angeles Capital Management LLC1,131,643$21.3M0.07%−1,431,921−55.9%Reduced
Absolute Gestao de Investimentos Ltda.1,084,611$20.4M2.69%+304,319+39.0%Added
Mitsubishi UFJ Trust & Banking Corp1,035,825$19.5M0.04%+59,607+6.1%Added
SEI Investments Co1,033,362$19.4M0.02%+248,078+31.6%Added
Praetorian PR LLC1,000,000$18.8M11.39%00.0%Unchanged
INCA Investments LLC926,752$17.4M8.01%−379,838−29.1%Reduced
Acadian Asset Management LLC927,183$17.4M0.03%−1,370,170−59.6%Reduced
Goldman Sachs Group Inc926,420$17.4M0.00%−939,795−50.4%Reduced
Citigroup Inc922,730$17.3M0.01%+230,208+33.2%Added
Breakout Capital Partners, LP896,300$16.8M10.72%+896,300New
Swiss National Bank808,764$15.2M0.01%−32,600−3.9%Reduced
Sumitomo Mitsui Trust Holdings, Inc.775,273$14.6M0.01%+19,257+2.5%Added
Caisse de Depot Et Placement du Quebec773,968$14.5M0.03%+135,328+21.2%Added
California Public Employees Retirement System772,072$14.5M0.01%+48,649+6.7%Added
Crossmark Global Holdings, Inc.768,077$14.4M0.22%+77,407+11.2%Added
New York State Common Retirement Fund757,876$14.2M0.02%+474,908+167.8%Added
Jump Financial, LLC715,743$13.4M0.17%+673,304+1,586.5%Added
UBS Group AG710,332$13.3M0.00%+251,825+54.9%Added
FIL Ltd671,031$12.6M0.01%+340,040+102.7%Added
Janney Montgomery Scott LLC666,184$12.5M0.03%−38,013−5.4%Reduced
Wim Investment Management Ltd654,000$12.3M3.13%+654,000New
Mackenzie Financial Corp619,249$11.6M0.01%−56,080−8.3%Reduced
Deutsche Bank AG601,781$11.3M0.00%+7,562+1.3%Added
JGP Global Gestao de Recursos Ltda.601,071$11.3M6.59%−253,181−29.6%Reduced
Marshall Wace, LLP591,826$11.1M0.01%−717,364−54.8%Reduced
Citadel Advisors LLC562,774$10.6M0.01%+199,921+55.1%Added
Amundi605,636$10.4M0.00%−1,185,827−66.2%Reduced
Jane Street Group, LLC535,323$10.1M0.01%+466,703+680.1%Added
Sustainable Growth Advisers, LP535,016$10.1M0.06%+79,909+17.6%Added
Great Lakes Advisors, LLC533,992$10.0M0.08%+533,992New
PDT Partners, LLC527,538$9.91M0.63%−112,551−17.6%Reduced
BNP Paribas Arbitrage, SA504,764$9.48M0.01%−1,104,356−68.6%Reduced
Robeco Institutional Asset Management B.V.494,170$9.29M0.01%−160,340−24.5%Reduced
Pictet Asset Management Holding SA483,396$9.08M0.01%+8,141+1.7%Added
TB Capital Gestao de Recursos Ltda.478,740$9.00M6.91%−436,037−47.7%Reduced
Treasurer of the State of North Carolina474,189$8.91M0.03%−7,342−1.5%Reduced
Assenagon Asset Management S.A.461,775$8.68M0.01%+234,351+103.0%Added
Optiver Holding B.V.436,078$8.19M0.13%+242,653+125.5%Added
HRT Financial LP431,722$8.11M0.03%−239,119−35.6%Reduced
Quantbot Technologies LP431,602$8.11M0.22%+431,602New
Trexquant Investment LP414,679$7.79M0.08%+414,679New
Rhumbline Advisers410,922$7.72M0.01%−7,217−1.7%Reduced
Susquehanna International Group, LLP399,633$7.51M0.01%+399,633New
Royal Bank of Canada393,430$7.39M0.00%+380,653+2,979.2%Added
Earnest Partners LLC391,635$7.36M0.03%−2,680−0.7%Reduced
Balyasny Asset Management LLC374,979$7.05M0.01%+257,445+219.0%Added
Voya Investment Management LLC365,153$6.86M0.01%−1,627−0.4%Reduced
D. E. Shaw & Co., Inc.363,195$6.82M0.01%−136,322−27.3%Reduced
Invesco Ltd.361,925$6.80M0.00%+8,450+2.4%Added
Loomis Sayles & Co L P353,217$6.64M0.01%00.0%Unchanged
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.352,724$6.63M0.00%00.0%Unchanged
AQR Capital Management LLC341,068$6.41M0.00%−2,995,115−89.8%Reduced
Globeflex Capital L P339,593$6.38M0.98%+10,361+3.1%Added
Y-Intercept (Hong Kong) Ltd332,970$6.26M0.15%−337,394−50.3%Reduced
Two Sigma Investments, LP331,747$6.23M0.01%+87,224+35.7%Added
Royal London Asset Management Ltd331,700$6.23M0.01%00.0%Unchanged
Matthews International Capital Management LLC320,053$6.01M1.40%+320,053New
Exchange Traded Concepts, LLC302,973$5.69M0.05%+1,342+0.4%Added
Millennium Management LLC302,579$5.69M0.00%−1,288,658−81.0%Reduced