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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, Q4 2025

Institutional positions in XP Inc. as of Dec 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
343
+18 vs. Q3 2025
Shares held
349.4M
+6.24M (+1.8%) vs. Q3 2025
Total value
$5.72B
−$725.4M (−11.3%) vs. Q3 2025
New holders
64
130 more added
Sold out
46
112 more reduced

3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 343 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 heldQ4 2025: $5.72B
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, Q4 2025

Shares, value and share of portfolio for each institution holding XP Inc.; share changes are against Q3 2025.

Institutions holding XP in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
CGC Financial Services, LLC1$160.00%00.0%Unchanged
Keating Financial Advisory Services, Inc.2$330.00%+2New
Hollencrest Capital Management3$490.00%00.0%Unchanged
Kimelman & Baird, LLC3$500.00%00.0%Unchanged
JFS Wealth Advisors, LLC3$500.00%00.0%Unchanged
Turning Point Benefit Group, Inc.12$1960.00%00.0%Unchanged
Rakuten Securities, Inc.13$2130.00%−3−18.8%Reduced
Root Financial Partners, LLC17$2780.00%+17New
Fifth Third Bancorp23$3770.00%00.0%Unchanged
Umb Bank N A25$4090.00%−5−16.7%Reduced
Quent Capital, LLC26$4260.00%−111−81.0%Reduced
Caitong International Asset Management Co., Ltd30$4910.00%−2,795−98.9%Reduced
South State Corp.30$4920.00%00.0%Unchanged
Advocate Investing Services LLC31$5070.00%+31New
Bruce G. Allen Investments, LLC33$5400.00%00.0%Unchanged
Huntington National Bank35$5730.00%00.0%Unchanged
Ares Financial Consulting, LLC42$6880.00%+42New
Stone House Investment Management, LLC46$7530.00%+46New
Investors Research Corp48$7860.00%−156−76.5%Reduced
Cromwell Holdings LLC53$8680.00%00.0%Unchanged
Cornerstone Financial Management LLC56$9170.00%+56New
Jones Financial Companies LLLP61$9990.00%00.0%Unchanged
Kilter Group LLC65$1.06K0.00%−9−12.2%Reduced
MAI Capital Management68$1.11K0.00%−5−6.8%Reduced
Bell Investment Advisors, Inc69$1.13K0.00%00.0%Unchanged
True Wealth Design, LLC70$1.15K0.00%+33+89.2%Added
Clearstead Advisors, LLC82$1.34K0.00%−128−61.0%Reduced
Northwestern Mutual Wealth Management Co86$1.41K0.00%+86New
Johnson Financial Group, Inc.91$1.49K0.00%00.0%Unchanged
SageView Advisory Group, LLC95$1.56K0.00%+95New
Park Place Capital Corp103$1.69K0.00%00.0%Unchanged
Activest Wealth Management116$1.90K0.00%+3+2.7%Added
Rothschild Investment LLC121$1.98K0.00%−5,501−97.8%Reduced
Ramirez Asset Management, Inc.122$2.00K0.00%+122New
Bessemer Group Inc121$2.00K0.00%+121New
CIBC Private Wealth Group, LLC133$2.18K0.00%−24−15.3%Reduced
IFP Advisors, Inc134$2.19K0.00%+30+28.8%Added
Nisa Investment Advisors, LLC150$2.46K0.00%−200−57.1%Reduced
WPG Advisers, LLC180$2.95K0.00%+47+35.3%Added
Transamerica Financial Advisors, Inc.185$3.04K0.00%+182+6,066.7%Added
Elyxium Wealth, LLC238$3.90K0.00%+238New
MV Capital Management, Inc.257$4.21K0.00%00.0%Unchanged
Essential Partners LLC306$5.01K0.00%−91−22.9%Reduced
Parkside Financial Bank & Trust333$5.45K0.00%+154+86.0%Added
National Bank of Canada335$5.48K0.00%−24−6.7%Reduced
Smartleaf Asset Management LLC357$5.91K0.00%−574−61.7%Reduced
SRS Capital Advisors, Inc.363$5.94K0.00%−2,679−88.1%Reduced
SBI Securities Co., Ltd.386$6.32K0.00%00.0%Unchanged
Atlantic Trust, LLC429$7.02K0.00%−31−6.7%Reduced
Allworth Financial LP505$8.27K0.00%+133+35.8%Added
Westside Investment Management, Inc.545$8.82K0.00%00.0%Unchanged
J.Safra Asset Management Corp600$9.82K0.00%+600New
Triumph Capital Management800$13.1K0.00%+800New
Massmutual Trust Co FSB854$14.0K0.00%+22+2.6%Added
Larson Financial Group LLC861$14.1K0.00%+273+46.4%Added
Rockefeller Capital Management L.P.1,242$20.3K0.00%+834+204.4%Added
Grove Bank & Trust1,438$23.5K0.00%−66−4.4%Reduced
Tower Research Capital LLC (TRC)1,479$24.2K0.00%−686−31.7%Reduced
Parallel Advisors, LLC1,513$24.8K0.00%+9+0.6%Added
EverSource Wealth Advisors, LLC1,690$27.7K0.00%+99+6.2%Added
Provida Pension Fund Administrator1,858$30.4K0.00%00.0%Unchanged
FNY Investment Advisers, LLC2,100$34.0K0.01%+2,100New
Basecamp Wealth Advisors LLC2,480$40.6K0.01%+2,480New
Quadrant Capital Group LLC3,045$49.8K0.00%−145−4.5%Reduced
Aster Capital Management (DIFC) Ltd3,390$55.5K0.02%+3,390New
Farther Finance Advisors, LLC3,841$62.9K0.00%−4,477−53.8%Reduced
Ronald Blue Trust, Inc.3,963$64.9K0.00%−87−2.1%Reduced
Virtus ETF Advisers LLC4,000$65.5K0.03%00.0%Unchanged
Versant Capital Management, Inc4,158$68.1K0.01%+1,031+33.0%Added
Advisor Group Holdings, Inc.4,476$73.3K0.00%−81,749−94.8%Reduced
Global Retirement Partners, LLC5,597$91.6K0.00%+3,396+154.3%Added
Signaturefd, LLC5,760$94.3K0.00%+61+1.1%Added
Mirae Asset Global ETFs Holdings Ltd.6,867$112.9K0.00%+723+11.8%Added
MetLife Investment Management8,159$133.6K0.00%−295−3.5%Reduced
Covestor Ltd8,382$137.0K0.07%−79−0.9%Reduced
Fideuram Asset Management (Ireland) dac10,404$140.8K0.01%+10,404New
Pinnacle Wealth Planning Services, Inc.8,926$146.1K0.02%+8,926New
LPL Financial LLC10,454$171.1K0.00%−20,467−66.2%Reduced
GAMMA Investing LLC10,750$176.0K0.01%+578+5.7%Added
Impact Partnership Wealth, LLC10,926$178.9K0.02%+10,926New
1832 Asset Management L.P.10,949$179.2K0.00%+10,949New
Lighthouse Investment Partners, LLC11,078$181.3K0.01%+11,078New
9823 Capital, L.P.11,198$183.3K0.13%+11,198New
Principal Financial Group Inc11,416$186.9K0.00%−3,477−23.3%Reduced
Vestcor Inc11,430$187.0K0.01%+8,017+234.9%Added
Oppenheimer Asset Management Inc.11,451$187.5K0.00%−2,380−17.2%Reduced
Cetera Investment Advisers11,518$188.6K0.00%−30,485−72.6%Reduced
Raymond James Financial Inc11,727$192.0K0.00%−25,878−68.8%Reduced
Marshall Financial Group LLC11,733$192.1K0.04%−54,423−82.3%Reduced
JustInvest LLC11,983$196.2K0.00%−770−6.0%Reduced
O'Shaughnessy Asset Management, LLC12,493$204.5K0.00%+20+0.2%Added
US Bancorp12,635$206.8K0.00%−525−4.0%Reduced
PCM Encore, LLC12,793$209.4K0.04%+12,793New
Yousif Capital Management, LLC11,498$210.6K0.00%+64+0.6%Added
Balyasny Asset Management LLC12,944$211.9K0.00%−362,035−96.5%Reduced
Merit Financial Group, LLC13,313$217.9K0.00%−2,606−16.4%Reduced
Dakota Wealth Management13,363$218.7K0.00%+1,773+15.3%Added
Paragon Capital Management Ltd13,474$220.6K0.04%00.0%Unchanged
Inspire Advisors, LLC13,486$220.8K0.02%+13,486New
Virtu Financial LLC13,746$225.0K0.01%+13,746New