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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
Korea Investment CORP140,200$2.63M0.01%−4,800−3.3%Reduced
Simplex Trading, LLC144,398$2.71M0.06%+92,718+179.4%Added
Toroso Investments, LLC149,355$2.81M0.01%+56,971+61.7%Added
Campbell & CO Investment Adviser LLC149,543$2.81M0.21%+117,501+366.7%Added
Verition Fund Management LLC150,300$2.82M0.02%−174,869−53.8%Reduced
La Banque Postale Asset Management SA152,279$2.86M0.04%+28,500+23.0%Added
Schonfeld Strategic Advisors LLC158,965$2.99M0.02%+158,965New
DnB Asset Management AS159,037$2.99M0.01%+127,206+399.6%Added
Stifel Financial Corp161,399$3.03M0.00%+72,624+81.8%Added
APG Asset Management N.V.194,800$3.12M0.01%+115,400+145.3%Added
Alliancebernstein L.P.171,029$3.21M0.00%−72,135−29.7%Reduced
State of New Jersey Common Pension Fund D175,865$3.30M0.01%+78,975+81.5%Added
Dark Forest Capital Management LP181,901$3.42M0.13%+181,901New
Group One Trading, L.P.184,285$3.46M0.10%+184,285New
Price T Rowe Associates Inc186,939$3.51M0.00%+21,105+12.7%Added
Engineers Gate Manager LP200,665$3.77M0.04%−384,983−65.7%Reduced
Walleye Trading LLC209,863$3.94M0.06%+147,962+239.0%Added
Swedbank AB221,900$4.17M0.00%+221,900New
Police & Firemen's Retirement System of New Jersey222,670$4.18M0.03%−25,483−10.3%Reduced
Kapitalo Investimentos Ltda225,664$4.24M0.79%00.0%Unchanged
Capital Wealth Planning, LLC228,032$4.28M0.03%+228,032New
Handelsbanken Fonder AB239,856$4.51M0.01%+27,000+12.7%Added
Lazard Asset Management LLC241,941$4.55M0.01%+96,307+66.1%Added
Storebrand Asset Management AS243,427$4.57M0.01%+71,260+41.4%Added
Aviva PLC266,105$5.00M0.01%−1,943−0.7%Reduced
Public Sector Pension Investment Board289,000$5.43M0.02%−25,700−8.2%Reduced
State Board of Administration of Florida Retirement System295,581$5.55M0.01%+2,783+1.0%Added
Rheos Capital Works Inc.300,000$5.64M0.32%+300,000New
Millennium Management LLC302,579$5.69M0.00%−1,288,658−81.0%Reduced
Exchange Traded Concepts, LLC302,973$5.69M0.05%+1,342+0.4%Added
Matthews International Capital Management LLC320,053$6.01M1.40%+320,053New
Royal London Asset Management Ltd331,700$6.23M0.01%00.0%Unchanged
Two Sigma Investments, LP331,747$6.23M0.01%+87,224+35.7%Added
Y-Intercept (Hong Kong) Ltd332,970$6.26M0.15%−337,394−50.3%Reduced
Globeflex Capital L P339,593$6.38M0.98%+10,361+3.1%Added
AQR Capital Management LLC341,068$6.41M0.00%−2,995,115−89.8%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.352,724$6.63M0.00%00.0%Unchanged
Loomis Sayles & Co L P353,217$6.64M0.01%00.0%Unchanged
Invesco Ltd.361,925$6.80M0.00%+8,450+2.4%Added
D. E. Shaw & Co., Inc.363,195$6.82M0.01%−136,322−27.3%Reduced
Voya Investment Management LLC365,153$6.86M0.01%−1,627−0.4%Reduced
Balyasny Asset Management LLC374,979$7.05M0.01%+257,445+219.0%Added
Earnest Partners LLC391,635$7.36M0.03%−2,680−0.7%Reduced
Royal Bank of Canada393,430$7.39M0.00%+380,653+2,979.2%Added
Susquehanna International Group, LLP399,633$7.51M0.01%+399,633New
Rhumbline Advisers410,922$7.72M0.01%−7,217−1.7%Reduced
Trexquant Investment LP414,679$7.79M0.08%+414,679New
Quantbot Technologies LP431,602$8.11M0.22%+431,602New
HRT Financial LP431,722$8.11M0.03%−239,119−35.6%Reduced
Optiver Holding B.V.436,078$8.19M0.13%+242,653+125.5%Added
Assenagon Asset Management S.A.461,775$8.68M0.01%+234,351+103.0%Added
Treasurer of the State of North Carolina474,189$8.91M0.03%−7,342−1.5%Reduced
TB Capital Gestao de Recursos Ltda.478,740$9.00M6.91%−436,037−47.7%Reduced
Pictet Asset Management Holding SA483,396$9.08M0.01%+8,141+1.7%Added
Robeco Institutional Asset Management B.V.494,170$9.29M0.01%−160,340−24.5%Reduced
BNP Paribas Arbitrage, SA504,764$9.48M0.01%−1,104,356−68.6%Reduced
PDT Partners, LLC527,538$9.91M0.63%−112,551−17.6%Reduced
Great Lakes Advisors, LLC533,992$10.0M0.08%+533,992New
Sustainable Growth Advisers, LP535,016$10.1M0.06%+79,909+17.6%Added
Jane Street Group, LLC535,323$10.1M0.01%+466,703+680.1%Added
Amundi605,636$10.4M0.00%−1,185,827−66.2%Reduced
Citadel Advisors LLC562,774$10.6M0.01%+199,921+55.1%Added
Marshall Wace, LLP591,826$11.1M0.01%−717,364−54.8%Reduced
JGP Global Gestao de Recursos Ltda.601,071$11.3M6.59%−253,181−29.6%Reduced
Deutsche Bank AG601,781$11.3M0.00%+7,562+1.3%Added
Mackenzie Financial Corp619,249$11.6M0.01%−56,080−8.3%Reduced
Wim Investment Management Ltd654,000$12.3M3.13%+654,000New
Janney Montgomery Scott LLC666,184$12.5M0.03%−38,013−5.4%Reduced
FIL Ltd671,031$12.6M0.01%+340,040+102.7%Added
UBS Group AG710,332$13.3M0.00%+251,825+54.9%Added
Jump Financial, LLC715,743$13.4M0.17%+673,304+1,586.5%Added
New York State Common Retirement Fund757,876$14.2M0.02%+474,908+167.8%Added
Crossmark Global Holdings, Inc.768,077$14.4M0.22%+77,407+11.2%Added
California Public Employees Retirement System772,072$14.5M0.01%+48,649+6.7%Added
Caisse de Depot Et Placement du Quebec773,968$14.5M0.03%+135,328+21.2%Added
Sumitomo Mitsui Trust Holdings, Inc.775,273$14.6M0.01%+19,257+2.5%Added
Swiss National Bank808,764$15.2M0.01%−32,600−3.9%Reduced
Breakout Capital Partners, LP896,300$16.8M10.72%+896,300New
Citigroup Inc922,730$17.3M0.01%+230,208+33.2%Added
Goldman Sachs Group Inc926,420$17.4M0.00%−939,795−50.4%Reduced
Acadian Asset Management LLC927,183$17.4M0.03%−1,370,170−59.6%Reduced
INCA Investments LLC926,752$17.4M8.01%−379,838−29.1%Reduced
Praetorian PR LLC1,000,000$18.8M11.39%00.0%Unchanged
SEI Investments Co1,033,362$19.4M0.02%+248,078+31.6%Added
Mitsubishi UFJ Trust & Banking Corp1,035,825$19.5M0.04%+59,607+6.1%Added
Absolute Gestao de Investimentos Ltda.1,084,611$20.4M2.69%+304,319+39.0%Added
Los Angeles Capital Management LLC1,131,643$21.3M0.07%−1,431,921−55.9%Reduced
First Trust Advisors LP1,229,713$23.1M0.02%−141,623−10.3%Reduced
Ninety One North America, Inc.1,240,002$23.3M1.06%+1,240,002New
Public Employees Retirement System of Ohio1,256,757$23.6M0.07%+139,121+12.4%Added
Bank of New York Mellon Corp1,278,053$24.0M0.00%+18,448+1.5%Added
JPMorgan Chase & Co1,316,596$24.7M0.00%−769,531−36.9%Reduced
Nuveen, LLC1,428,943$26.8M0.01%−18,175−1.3%Reduced
Federated Hermes, Inc.1,463,175$27.5M0.05%+202,468+16.1%Added
Russell Investments Group, Ltd.1,465,692$27.6M0.03%+1,051,834+254.2%Added
William Blair Investment Management, LLC1,852,597$34.8M0.09%+1,852,597New
Bamco Inc1,855,610$34.9M0.09%−54,680−2.9%Reduced
Ameriprise Financial Inc1,875,989$35.3M0.01%−295,889−13.6%Reduced
Tredje AP-fonden1,923,000$36.1M0.29%+1,923,000New
SPX Equities Gestao de Recursos Ltda2,000,292$37.6M3.15%+1,722,467+620.0%Added