13F HOLDINGS REPORT
Banco BTG Pactual S.A.
Quarter ended Q4 2025 · Filed February 12, 2026 · Accession 0001536080-26-000001
Total Value
$585.1M
Positions
163
Other Managers
0
Confidential Omitted
No
Holdings (163)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 281,651 | $52.5M | 8.98% |
| 2 | META PLATFORMS INC | META | 67,660 | $44.7M | 7.63% |
| 3 | MICROSOFT CORP | MSFT | 78,008 | $37.7M | 6.45% |
| 4 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 110,096 | $33.5M | 5.72% |
| 5 | AMAZON COM INC | AMZN | 144,000 | $33.2M | 5.68% |
| 6 | ALPHABET INC | GOOG | 56,605 | $17.8M | 3.04% |
| 7 | NU HLDGS LTD | NU | 971,116 | $16.3M | 2.78% |
| 8 | ALIBABA GROUP HLDG LTD | BBAAY | 100,013 | $14.7M | 2.51% |
| 9 | ALPHABET INC | GOOG | 44,120 | $13.8M | 2.36% |
| 10 | BOOKING HOLDINGS INC | BKNG | 2,553 | $13.7M | 2.34% |
| 11 | BROADCOM INC | AVGO | 35,691 | $12.4M | 2.11% |
| 12 | DBX ETF TR | 233051879 | 350,000 | $11.5M | 1.97% |
| 13 | FLUTTER ENTMT PLC | G3643J108 | 50,000 | $10.8M | 1.84% |
| 14 | VISA INC | V | 30,072 | $10.5M | 1.80% |
| 15 | ISHARES INC | 464286400 | 41,000 | $8.8M | 1.51% |
| 16 | GLOBAL X FDS | 37954Y632 | 172,818 | $8.8M | 1.50% |
| 17 | SPDR GOLD TR | GLD | 1,600 | $8.6M | 1.46% |
| 18 | LATAM AIRLINES GROUP SA | LTM | 155,200 | $8.4M | 1.43% |
| 19 | PDD HOLDINGS INC | PDD | 68,967 | $7.8M | 1.34% |
| 20 | PAMPA ENERGIA S A | 697660207 | 88,217 | $7.8M | 1.33% |
| 21 | ADOBE INC | ADBE | 20,000 | $7.0M | 1.20% |
| 22 | GLOBANT S A | GLOB | 103,900 | $6.8M | 1.16% |
| 23 | ELI LILLY & CO | LLY | 6,240 | $6.7M | 1.15% |
| 24 | NIKE INC | NKE | 99,190 | $6.3M | 1.08% |
| 25 | GLOBAL X FDS | 37954Y871 | 144,066 | $6.2M | 1.05% |
| 26 | MASTERCARD INCORPORATED | MA | 10,645 | $6.1M | 1.04% |
| 27 | UBER TECHNOLOGIES INC | UBER | 73,890 | $6.0M | 1.03% |
| 28 | INVESCO EXCH TRADED FD TR II | IVZ | 83,513 | $6.0M | 1.02% |
| 29 | INVESCO EXCH TRADED FD TR II | IVZ | 65,000 | $5.5M | 0.94% |
| 30 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 10,496 | $5.3M | 0.90% |
| 31 | ISHARES INC | 464286400 | 160,209 | $5.1M | 0.87% |
| 32 | COMPANHIA DE SANEAMENTO BASI | SBS | 212,083 | $5.1M | 0.86% |
| 33 | MERCADOLIBRE INC | MELI | 2,480 | $5.0M | 0.85% |
| 34 | GE VERNOVA INC | GEV | 7,000 | $4.6M | 0.78% |
| 35 | BANCO MACRO SA | 05961W105 | 47,477 | $4.3M | 0.73% |
| 36 | SELECT SECTOR SPDR TR | 81369Y407 | 35,693 | $4.3M | 0.73% |
| 37 | SELECT SECTOR SPDR TR | 81369Y209 | 27,420 | $4.2M | 0.73% |
| 38 | WARNER BROS DISCOVERY INC | WBD | 144,828 | $4.2M | 0.71% |
| 39 | GRUPO FINANCIERO GALICIA S.A | GGAL | 74,285 | $4.0M | 0.68% |
| 40 | SPROTT FDS TR | SII | 155,800 | $3.9M | 0.67% |
| 41 | HUT 8 CORP | HUT | 85,000 | $3.9M | 0.67% |
| 42 | TELECOM ARGENTINA SA | TCMFF | 327,501 | $3.8M | 0.65% |
| 43 | CITIGROUP INC | C-PR | 31,472 | $3.7M | 0.63% |
| 44 | JPMORGAN CHASE & CO. | VYLD | 10,336 | $3.3M | 0.57% |
| 45 | TRANSPORTADORA DE GAS SUR | 893870204 | 106,060 | $3.3M | 0.56% |
| 46 | INTERCORP FINL SVCS INC | INTR | 75,300 | $3.2M | 0.55% |
| 47 | INVESCO EXCH TRADED FD TR II | IVZ | 54,345 | $3.0M | 0.52% |
| 48 | STONECO LTD | STNE | 190,000 | $2.8M | 0.48% |
| 49 | ENEL CHILE S.A. | ENIC | 690,017 | $2.8M | 0.47% |
| 50 | LPL FINL HLDGS INC | 50212V100 | 7,500 | $2.7M | 0.46% |
| 51 | ULTRAPAR PARTICIPACOES SA | UGP | 697,900 | $2.6M | 0.45% |
| 52 | GRID DYNAMICS HLDGS INC | GDYN | 285,000 | $2.6M | 0.44% |
| 53 | DRAFTKINGS INC NEW | DKNG | 70,000 | $2.4M | 0.41% |
| 54 | VTEX | VTEX | 604,100 | $2.3M | 0.39% |
| 55 | COCA-COLA FEMSA SAB DE CV | COCSF | 21,279 | $2.0M | 0.34% |
| 56 | VANECK ETF TRUST | 92189F676 | 1,000 | $2.0M | 0.34% |
| 57 | ACCENTURE PLC IRELAND | ACN | 7,400 | $2.0M | 0.34% |
| 58 | ISHARES TR | 46435G425 | 13,051 | $1.9M | 0.33% |
| 59 | INTEL CORP | INTC | 47,332 | $1.7M | 0.30% |
| 60 | SELECT SECTOR SPDR TR | 81369Y886 | 39,716 | $1.7M | 0.29% |
| 61 | BROOKFIELD CORP | 11271J107 | 36,412 | $1.7M | 0.29% |
| 62 | ISHARES BITCOIN TRUST ETF | IBIT | 30,303 | $1.5M | 0.26% |
| 63 | BOSTON SCIENTIFIC CORP | BSX | 15,300 | $1.5M | 0.25% |
| 64 | HOWMET AEROSPACE INC | HWM | 7,106 | $1.5M | 0.25% |
| 65 | EVE HLDG INC | EVEX-WT | 346,500 | $1.4M | 0.24% |
| 66 | GEOPARK LTD | GPRK | 185,884 | $1.4M | 0.24% |
| 67 | DEXCOM INC | DXCM | 20,345 | $1.4M | 0.23% |
| 68 | BLACKROCK INC | BLK | 1,170 | $1.3M | 0.21% |
| 69 | COPA HOLDINGS SA | CPA | 10,090 | $1.2M | 0.21% |
| 70 | BAUSCH HEALTH COS INC | 071734107 | 170,700 | $1.2M | 0.20% |
| 71 | WW GRAINGER INC | 384802104 | 1,039 | $1.0M | 0.18% |
| 72 | SPDR SERIES TRUST | 78464A409 | 9,690 | $1.0M | 0.18% |
| 73 | COMPANIA DE MINAS BUENAVENTU | 204448104 | 35,900 | $999,097 | 0.17% |
| 74 | SOCIEDAD QUIMICA Y MINERA DE | 833635105 | 14,244 | $979,987 | 0.17% |
| 75 | INVESCO QQQ TR | IVZ | 900 | $958,900 | 0.16% |
| 76 | S&P GLOBAL INC | SPGI | 1,831 | $956,862 | 0.16% |
| 77 | CREDICORP LTD | BAP | 3,200 | $918,400 | 0.16% |
| 78 | ISHARES TR | 464287184 | 23,356 | $894,301 | 0.15% |
| 79 | MICRON TECHNOLOGY INC | MU | 3,022 | $862,509 | 0.15% |
| 80 | LISTED FDS TR | 53656F417 | 43,850 | $823,503 | 0.14% |
| 81 | BANCO SANTANDER CHILE NEW | BSAC | 26,000 | $808,860 | 0.14% |
| 82 | LAUREATE EDUCATION INC | LAUR | 24,000 | $808,080 | 0.14% |
| 83 | QXO INC | QXO-PB | 40,000 | $771,600 | 0.13% |
| 84 | CEMEX SAB DE CV | CXMSF | 65,719 | $755,111 | 0.13% |
| 85 | HILTON WORLDWIDE HLDGS INC | HLT | 2,600 | $746,850 | 0.13% |
| 86 | VISTRA CORP | VST | 4,555 | $734,858 | 0.13% |
| 87 | GILEAD SCIENCES INC | GILD | 5,911 | $725,516 | 0.12% |
| 88 | ISHARES TR | 464289842 | 10,000 | $723,500 | 0.12% |
| 89 | NEOS ETF TRUST | 78433H535 | 14,535 | $714,394 | 0.12% |
| 90 | TELEFONICA BRASIL SA | VIV | 59,600 | $706,856 | 0.12% |
| 91 | BOEING CO | BA-PA | 2,993 | $649,840 | 0.11% |
| 92 | BANK AMERICA CORP | 060505104 | 11,542 | $634,810 | 0.11% |
| 93 | ISHARES TR | 464287648 | 1,850 | $597,569 | 0.10% |
| 94 | COMPANHIA PARANAENSE DE ENER | 20441B704 | 61,833 | $588,032 | 0.10% |
| 95 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 1,173 | $563,709 | 0.10% |
| 96 | ENERGY TRANSFER L P | ET-PI | 34,000 | $560,660 | 0.10% |
| 97 | UNITEDHEALTH GROUP INC | UNH | 1,609 | $531,147 | 0.09% |
| 98 | THERMO FISHER SCIENTIFIC INC | TMO | 860 | $498,327 | 0.09% |
| 99 | CENTRAL PUERTO S A | CEPU | 27,178 | $475,615 | 0.08% |
| 100 | AFYA LTD | AFYA | 29,951 | $461,545 | 0.08% |
| 101 | MP MATERIALS CORP | MP | 9,000 | $454,680 | 0.08% |
| 102 | GLOBAL X FDS | 37950E259 | 4,500 | $411,345 | 0.07% |
| 103 | JABIL INC | JBL | 1,745 | $397,895 | 0.07% |
| 104 | XP INC | XP | 23,909 | $391,390 | 0.07% |
| 105 | BIO-TECHNE CORP | TECH | 6,575 | $386,676 | 0.07% |
| 106 | GLOBAL X FDS | 37954Y830 | 4,800 | $344,592 | 0.06% |
| 107 | SAP SE | SAPGF | 1,400 | $340,074 | 0.06% |
| 108 | AURA MINERALS INC | AUGO | 6,702 | $337,881 | 0.06% |
| 109 | BBB FOODS INC | TBBB | 10,000 | $333,900 | 0.06% |
| 110 | ETF SER SOLUTIONS | 26922A420 | 2,900 | $318,014 | 0.05% |
| 111 | SEA LTD | SE | 2,448 | $312,291 | 0.05% |
| 112 | SPDR S&P 500 ETF TR | SPY | 444 | $302,772 | 0.05% |
| 113 | PETROLEO BRASILEIRO SA PETRO | 71654V101 | 26,850 | $302,600 | 0.05% |
| 114 | ABIVAX SA | AAVXF | 2,243 | $302,480 | 0.05% |
| 115 | WOODWARD INC | WWD | 1,000 | $302,320 | 0.05% |
| 116 | SANDISK CORP | SNDK | 1,205 | $286,043 | 0.05% |
| 117 | CARVANA CO | CVNA | 651 | $274,735 | 0.05% |
| 118 | VERTIV HOLDINGS CO | VRT | 1,670 | $270,557 | 0.05% |
| 119 | ECHOSTAR CORP | SATS | 2,467 | $268,163 | 0.05% |
| 120 | BANCO BBVA ARGENTINA S A | BBAR | 14,724 | $266,063 | 0.05% |
| 121 | BRASILAGRO COMPANHIA BRASILE | 10554B104 | 74,071 | $265,174 | 0.05% |
| 122 | TALEN ENERGY CORP | TLN | 703 | $263,513 | 0.05% |
| 123 | COUPANG INC | CPNG | 11,153 | $263,099 | 0.04% |
| 124 | NASDAQ INC | NDAQ | 2,700 | $262,251 | 0.04% |
| 125 | TRANSDIGM GROUP INC | TDG | 197 | $261,980 | 0.04% |
| 126 | TEVA PHARMACEUTICAL INDS LTD | 881624209 | 8,344 | $260,416 | 0.04% |
| 127 | FIRST SOLAR INC | FSLR | 984 | $257,050 | 0.04% |
| 128 | SPOTIFY TECHNOLOGY S A | SPOT | 442 | $256,674 | 0.04% |
| 129 | DELTA AIR LINES INC DEL | DAL | 3,696 | $256,502 | 0.04% |
| 130 | NATERA INC | NTRA | 1,119 | $256,352 | 0.04% |
| 131 | WESTERN DIGITAL CORP | WDC | 1,488 | $256,338 | 0.04% |
| 132 | CAPITAL ONE FINL CORP | 14040H105 | 1,044 | $253,024 | 0.04% |
| 133 | APPLOVIN CORP | APP | 374 | $252,009 | 0.04% |
| 134 | CRH PLC | CRH | 2,015 | $251,472 | 0.04% |
| 135 | CIDARA THERAPEUTICS INC | 171757206 | 1,136 | $250,931 | 0.04% |
| 136 | CHART INDS INC | 16115Q308 | 1,216 | $250,776 | 0.04% |
| 137 | CYBERARK SOFTWARE LTD | M2682V108 | 558 | $248,901 | 0.04% |
| 138 | SOMNIGROUP INTERNATIONAL INC | SGI | 2,787 | $248,823 | 0.04% |
| 139 | EQT CORP | EQT | 4,641 | $248,758 | 0.04% |
| 140 | PG&E CORP | PCG-PX | 15,377 | $247,108 | 0.04% |
| 141 | NORFOLK SOUTHN CORP | 655844108 | 849 | $245,123 | 0.04% |
| 142 | UNION PAC CORP | UNP | 1,057 | $244,505 | 0.04% |
| 143 | ASTRAZENECA PLC | AZN | 2,608 | $239,753 | 0.04% |
| 144 | CROWDSTRIKE HLDGS INC | CRWD | 509 | $238,599 | 0.04% |
| 145 | ISHARES INC | 464286400 | 3,000 | $228,000 | 0.04% |
| 146 | IQVIA HLDGS INC | IQV | 1,000 | $225,410 | 0.04% |
| 147 | AMERICAN ELEC PWR CO INC | 025537101 | 1,923 | $221,741 | 0.04% |
| 148 | VANECK ETF TRUST | 92189F106 | 2,526 | $216,655 | 0.04% |
| 149 | INSMED INC | INSM | 1,240 | $215,810 | 0.04% |
| 150 | MCKESSON CORP | MCK | 260 | $213,275 | 0.04% |
| 151 | GRUPO SUPERVIELLE S.A. | SUPV | 17,831 | $210,762 | 0.04% |
| 152 | ROSS STORES INC | ROST | 1,132 | $203,918 | 0.03% |
| 153 | CI&T INC | CINT | 46,711 | $190,114 | 0.03% |
| 154 | SUZANO S A | SUZ | 15,191 | $141,884 | 0.02% |
| 155 | ALUMIS INC | ALMS | 14,302 | $139,588 | 0.02% |
| 156 | PULMONX CORP | LUNG | 46,316 | $102,358 | 0.02% |
| 157 | KRISPY KREME INC | DNUT | 24,332 | $97,815 | 0.02% |
| 158 | FEMASYS INC | FEMY | 152,155 | $87,672 | 0.01% |
| 159 | ARKO CORP | ARKO | 12,579 | $57,109 | 0.01% |
| 160 | AMBEV SA | ABEV | 20,400 | $50,388 | 0.01% |
| 161 | MERCER INTL INC | 588056101 | 24,600 | $48,708 | 0.01% |
| 162 | JELD-WEN HLDG INC | JELD | 15,300 | $37,638 | 0.01% |
| 163 | LARGO INC | LGO | 14,450 | $13,543 | 0.00% |