13F HOLDINGS REPORT
Kapitalo Investimentos Ltda
Quarter ended Q3 2025 · Filed November 3, 2025 · Accession 0001798686-25-000007
Total Value
$537.1M
Positions
64
Other Managers
0
Confidential Omitted
No
Holdings (64)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | 78464A698 | 1,649,936 | $104.4M | 19.44% |
| 2 | AMAZON COM INC | AMZN | 469,968 | $103.2M | 19.21% |
| 3 | KRANESHARES TRUST | 500767306 | 1,332,000 | $56.0M | 10.42% |
| 4 | MICROSOFT CORP | MSFT | 63,125 | $32.7M | 6.09% |
| 5 | KENVUE INC | KVUE | 1,600,000 | $26.0M | 4.83% |
| 6 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 85,664 | $23.9M | 4.45% |
| 7 | ERO COPPER CORP | ERO | 1,076,696 | $21.8M | 4.06% |
| 8 | NEXGEN ENERGY LTD | NXE | 1,689,155 | $15.1M | 2.81% |
| 9 | TECK RESOURCES LTD | TCKRF | 302,859 | $13.3M | 2.47% |
| 10 | KELLANOVA | BEKE | 126,694 | $10.4M | 1.93% |
| 11 | DISNEY WALT CO | 254687106 | 73,890 | $8.5M | 1.58% |
| 12 | RIO TINTO PLC | RTNTF | 127,754 | $8.4M | 1.57% |
| 13 | VISA INC | V | 24,050 | $8.2M | 1.53% |
| 14 | ALLETE INC | 018522300 | 115,344 | $7.7M | 1.43% |
| 15 | CAMECO CORP | CCJ | 88,801 | $7.4M | 1.39% |
| 16 | APOLLO GLOBAL MGMT INC | 03769M106 | 47,951 | $6.4M | 1.19% |
| 17 | YPF SOCIEDAD ANONIMA | YPF | 257,612 | $6.3M | 1.16% |
| 18 | GERDAU SA | GGB | 1,921,865 | $6.0M | 1.11% |
| 19 | EMBRAER S.A. | EMBJ | 91,109 | $5.5M | 1.03% |
| 20 | INTERPUBLIC GROUP COS INC | INTR | 194,366 | $5.4M | 1.01% |
| 21 | COMPANHIA DE SANEAMENTO BASI | SBS | 206,416 | $5.1M | 0.96% |
| 22 | GLOBAL X FDS | 37954Y871 | 106,292 | $5.1M | 0.94% |
| 23 | XP INC | XP | 225,664 | $4.2M | 0.79% |
| 24 | EVE HLDG INC | EVEX-WT | 1,100,000 | $4.2M | 0.78% |
| 25 | AMBEV SA | ABEV | 1,784,142 | $4.0M | 0.74% |
| 26 | ISHARES TR | 464287184 | 77,718 | $3.2M | 0.60% |
| 27 | VALE S A | VALE | 287,819 | $3.1M | 0.58% |
| 28 | GRUPO FINANCIERO GALICIA S.A | GGAL | 112,000 | $3.1M | 0.57% |
| 29 | UNITEDHEALTH GROUP INC | UNH | 8,873 | $3.1M | 0.57% |
| 30 | LOMA NEGRA C I A S A MTN 14 | 54150E104 | 385,734 | $2.8M | 0.53% |
| 31 | PALANTIR TECHNOLOGIES INC | PLTR | 200,000 | $2.7M | 0.50% |
| 32 | ATLASSIAN CORPORATION | TEAM | 15,834 | $2.5M | 0.47% |
| 33 | SUZANO S A | SUZ | 224,498 | $2.1M | 0.39% |
| 34 | COSAN S A | CSAN | 418,432 | $1.9M | 0.36% |
| 35 | BANCO MACRO SA | 05961W105 | 44,733 | $1.9M | 0.35% |
| 36 | CENTRAIS ELETRICAS BRASILEIR | 15234Q207 | 184,528 | $1.8M | 0.34% |
| 37 | META PLATFORMS INC | META | 2,463 | $1.8M | 0.34% |
| 38 | GRUPO SUPERVIELLE S.A. | SUPV | 220,600 | $1.1M | 0.20% |
| 39 | SERVICENOW INC | NOW | 1,031 | $948,809 | 0.18% |
| 40 | BANCO BBVA ARGENTINA S A | BBAR | 110,334 | $917,979 | 0.17% |
| 41 | ULTRAPAR PARTICIPACOES SA | UGP | 194,100 | $795,810 | 0.15% |
| 42 | PERMIAN BASIN RTY TR | 714236106 | 30,677 | $559,855 | 0.10% |
| 43 | PALANTIR TECHNOLOGIES INC | PLTR | 100,000 | $425,000 | 0.08% |
| 44 | KENVUE INC | KVUE | 750,000 | $390,000 | 0.07% |
| 45 | BRASKEM S A | BAK | 155,017 | $375,141 | 0.07% |
| 46 | FUTUREFUEL CORP | FF | 88,465 | $343,244 | 0.06% |
| 47 | APPLE INC | AAPL | 1,185 | $301,737 | 0.06% |
| 48 | NEWMARK GROUP INC | NMRK | 13,336 | $248,716 | 0.05% |
| 49 | CF INDS HLDGS INC | 125269100 | 2,554 | $229,094 | 0.04% |
| 50 | PAR PAC HOLDINGS INC | PARR | 6,303 | $223,252 | 0.04% |
| 51 | VISTA ENERGY S.A.B. DE C.V. | VSOGF | 5,867 | $201,825 | 0.04% |
| 52 | ALBERTSONS COS INC | 013091103 | 10,280 | $180,003 | 0.03% |
| 53 | BRILLIANT EARTH GROUP INC | BRLT | 45,463 | $94,108 | 0.02% |
| 54 | THE BEAUTY HEALTH COMPANY | 88331L108 | 45,787 | $91,116 | 0.02% |
| 55 | SPDR GOLD TR | GLD | 200,000 | $90,000 | 0.02% |
| 56 | COMPANHIA SIDERURGICA NACION | 20440W105 | 56,779 | $85,168 | 0.02% |
| 57 | TETRA TECHNOLOGIES INC DEL | 88162F105 | 11,601 | $66,706 | 0.01% |
| 58 | HUDSON PAC PPTYS INC | 444097109 | 20,861 | $57,576 | 0.01% |
| 59 | CHEGG INC | CHGG | 36,348 | $54,885 | 0.01% |
| 60 | MARQETA INC | MQ | 10,068 | $53,159 | 0.01% |
| 61 | GANNETT CO INC | TDAY | 10,665 | $44,046 | 0.01% |
| 62 | SPDR S&P 500 ETF TR | SPY | 50,000 | $27,500 | 0.01% |
| 63 | RACKSPACE TECHNOLOGY INC | RXT | 12,372 | $17,445 | 0.00% |
| 64 | ISHARES INC | 464286400 | 160,000 | $16,000 | 0.00% |