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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
Rheos Capital Works Inc.300,000$5.64M0.32%+300,000New
State Board of Administration of Florida Retirement System295,581$5.55M0.01%+2,783+1.0%Added
Public Sector Pension Investment Board289,000$5.43M0.02%−25,700−8.2%Reduced
Aviva PLC266,105$5.00M0.01%−1,943−0.7%Reduced
Storebrand Asset Management AS243,427$4.57M0.01%+71,260+41.4%Added
Lazard Asset Management LLC241,941$4.55M0.01%+96,307+66.1%Added
Handelsbanken Fonder AB239,856$4.51M0.01%+27,000+12.7%Added
Capital Wealth Planning, LLC228,032$4.28M0.03%+228,032New
Kapitalo Investimentos Ltda225,664$4.24M0.79%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey222,670$4.18M0.03%−25,483−10.3%Reduced
Swedbank AB221,900$4.17M0.00%+221,900New
Walleye Trading LLC209,863$3.94M0.06%+147,962+239.0%Added
Engineers Gate Manager LP200,665$3.77M0.04%−384,983−65.7%Reduced
Price T Rowe Associates Inc186,939$3.51M0.00%+21,105+12.7%Added
Group One Trading, L.P.184,285$3.46M0.10%+184,285New
Dark Forest Capital Management LP181,901$3.42M0.13%+181,901New
State of New Jersey Common Pension Fund D175,865$3.30M0.01%+78,975+81.5%Added
Alliancebernstein L.P.171,029$3.21M0.00%−72,135−29.7%Reduced
APG Asset Management N.V.194,800$3.12M0.01%+115,400+145.3%Added
Stifel Financial Corp161,399$3.03M0.00%+72,624+81.8%Added
DnB Asset Management AS159,037$2.99M0.01%+127,206+399.6%Added
Schonfeld Strategic Advisors LLC158,965$2.99M0.02%+158,965New
La Banque Postale Asset Management SA152,279$2.86M0.04%+28,500+23.0%Added
Verition Fund Management LLC150,300$2.82M0.02%−174,869−53.8%Reduced
Campbell & CO Investment Adviser LLC149,543$2.81M0.21%+117,501+366.7%Added
Toroso Investments, LLC149,355$2.81M0.01%+56,971+61.7%Added
Simplex Trading, LLC144,398$2.71M0.06%+92,718+179.4%Added
Korea Investment CORP140,200$2.63M0.01%−4,800−3.3%Reduced
British Columbia Investment Management Corp139,400$2.62M0.02%−5,500−3.8%Reduced
Envestnet Asset Management Inc126,563$2.38M0.00%+11,279+9.8%Added
KBC Group NV124,785$2.35M0.01%00.0%Unchanged
Quantinno Capital Management LP120,409$2.26M0.01%+54,650+83.1%Added
Oaktree Fund Advisors, LLC116,927$2.20M4.05%+116,927New
KLP Kapitalforvaltning AS112,500$2.11M0.01%00.0%Unchanged
Danske Bank A/S103,100$1.94M0.00%+16,600+19.2%Added
HSBC Holdings PLC101,048$1.88M0.00%−30,789−23.4%Reduced
National Pension Service97,581$1.83M0.00%00.0%Unchanged
Neo Ivy Capital Management96,028$1.80M0.44%+24,529+34.3%Added
Zurcher Kantonalbank (Zurich Cantonalbank)91,010$1.71M0.00%00.0%Unchanged
Allianz Asset Management GmbH89,479$1.68M0.00%+89,479New
Resona Asset Management Co.,Ltd.89,015$1.68M0.01%−16,366−15.5%Reduced
SG Americas Securities, LLC88,003$1.65M0.01%+78,096+788.3%Added
Charles Schwab Investment Management Inc86,879$1.63M0.00%+1,748+2.1%Added
Advisor Group Holdings, Inc.86,225$1.57M0.00%−444−0.5%Reduced
Manufacturers Life Insurance Company, The79,759$1.50M0.00%+2,111+2.7%Added
Creative Planning77,948$1.46M0.00%+13,665+21.3%Added
Prudential Financial Inc77,695$1.46M0.00%+28,540+58.1%Added
Sanctuary Advisors, LLC69,004$1.30M0.01%+7,655+12.5%Added
Lansforsakringar Fondforvaltning AB (publ)68,000$1.28M0.01%00.0%Unchanged
Marshall Financial Group LLC66,156$1.24M0.24%+2,483+3.9%Added
Martingale Asset Management L P64,431$1.21M0.03%+43,036+201.1%Added
Macquarie Group Ltd60,416$1.18M0.00%+30,208+100.0%Added
IMC-Chicago, LLC62,106$1.17M0.02%+43,319+230.6%Added
Banco BTG Pactual S.A.61,465$1.15M0.17%−277,535−81.9%Reduced
HighTower Advisors, LLC60,711$1.14M0.00%+16,545+37.5%Added
Employees Retirement System of Texas60,248$1.13M0.01%+10,612+21.4%Added
Wiley Bros.-Aintree Capital, LLC59,766$1.12M0.01%−4,272−6.7%Reduced
Asset Management One Co.,Ltd.58,740$1.10M0.00%00.0%Unchanged
Skandinaviska Enskilda Banken AB (publ)56,196$1.06M0.00%00.0%Unchanged
Nomura Asset Management Co Ltd56,100$1.05M0.00%00.0%Unchanged
Novem Group54,567$1.03M0.12%+1,819+3.4%Added
Cloverfields Capital Group, LP54,372$1.02M0.32%−5,025−8.5%Reduced
California State Teachers Retirement System54,107$1.02M0.00%+866+1.6%Added
Entropy Technologies, LP53,407$1.00M0.08%+27,645+107.3%Added
CWM Advisors, LLC53,002$995.9K0.10%+53,002New
XTX Topco Ltd51,964$976.4K0.05%+51,964New
NFJ Investment Group, LLC51,345$964.8K0.03%+51,345New
GAM Holding AG51,000$958.3K0.06%+51,000New
Barclays PLC49,051$921.7K0.00%−44,857−47.8%Reduced
Arizona PSPRS Trust46,900$872.8K0.03%+46,900New
Ieq Capital, LLC46,298$869.9K0.00%+4,329+10.3%Added
Neuberger Berman Group LLC44,369$833.7K0.00%+167+0.4%Added
Cetera Investment Advisers42,003$789.2K0.00%+5,440+14.9%Added
Virginia Retirement Systems Et Al39,000$732.8K0.00%00.0%Unchanged
Qsemble Capital Management, LP37,961$713.3K0.07%−102,385−73.0%Reduced
Raymond James Financial Inc37,605$706.6K0.00%−1,715−4.4%Reduced
VPR Management LLC37,068$696.5K0.32%00.0%Unchanged
Atria Investments LLC36,903$693.4K0.01%+36,903New
CenterBook Partners LP36,676$689.1K0.03%+36,676New
Strategic Global Advisors, LLC36,488$685.6K0.10%+11,390+45.4%Added
AXA Investment Managers S.A.36,020$676.8K0.00%+36,020New
Swiss Life Asset Management Ltd35,723$671.2K0.00%+7,702+27.5%Added
Fairtree Asset Management (Pty) Ltd35,354$664.3K0.44%+23,356+194.7%Added
Atom Investors LP35,229$662.0K0.05%+35,229New
Triglav Skladi, D.O.O.35,000$657.6K0.04%+35,000New
Teacher Retirement System of Texas34,618$650.5K0.00%+2,919+9.2%Added
Ethic Inc.33,384$627.3K0.01%+2,822+9.2%Added
Mariner, LLC33,238$624.5K0.00%−3,815−10.3%Reduced
Private Advisor Group, LLC32,953$619.2K0.00%+339+1.0%Added
Legacy Wealth Asset Management, LLC32,301$606.9K0.15%+524+1.6%Added
LPL Financial LLC30,921$581.0K0.00%+1,638+5.6%Added
Harvest Fund Management Co., Ltd35,538$579.0K0.02%−54,167−60.4%Reduced
Dynamic Technology Lab Private Ltd30,667$576.0K0.10%+30,667New
SummitTX Capital, L.P.30,121$566.0K0.02%+30,121New
Verde Servicos Internacionais S.A.29,260$550.0K0.16%−1,040−3.4%Reduced
Xponance, Inc.28,953$544.0K0.00%−3,560−10.9%Reduced
STRS Ohio28,652$538.4K0.00%−63,432−68.9%Reduced
Axq Capital, LP28,258$531.0K0.20%+28,258New
Capstone Investment Advisors, LLC28,038$526.8K0.00%+28,038New
Inceptionr LLC27,953$525.2K0.13%−4,995−15.2%Reduced