13F HOLDINGS REPORT
VPR Management LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001894203-25-000007
Total Value
$220.1M
Positions
60
Other Managers
0
Confidential Omitted
No
Holdings (60)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD TAX-MANAGED INTL FD | 921943858 | 525,600 | $31.5M | 14.31% |
| 2 | ISHARES GOLD TR | IAU | 422,930 | $30.8M | 13.98% |
| 3 | FLEXSHARES TR | FLEX | 497,600 | $21.8M | 9.90% |
| 4 | ISHARES INC | 464286509 | 351,800 | $17.8M | 8.08% |
| 5 | ISHARES INC | 464286400 | 493,400 | $15.3M | 6.95% |
| 6 | VANGUARD INDEX FDS | 922908769 | 40,800 | $13.4M | 6.08% |
| 7 | VANGUARD SPECIALIZED FUNDS | 921908844 | 52,630 | $11.4M | 5.16% |
| 8 | ISHARES INC | 46434G103 | 126,800 | $8.4M | 3.80% |
| 9 | VANECK ETF TRUST | 92189H300 | 316,200 | $8.1M | 3.67% |
| 10 | ISHARES TR | 464288257 | 43,700 | $6.0M | 2.75% |
| 11 | NU HLDGS LTD | NU | 307,600 | $4.9M | 2.24% |
| 12 | SPDR INDEX SHS FDS | 78463X541 | 77,550 | $4.6M | 2.09% |
| 13 | MERCADOLIBRE INC | MELI | 1,594 | $3.7M | 1.69% |
| 14 | AGNC INVT CORP | 00123Q104 | 342,500 | $3.4M | 1.52% |
| 15 | FREEPORT-MCMORAN INC | FCX | 81,000 | $3.2M | 1.44% |
| 16 | ITAU UNIBANCO HLDG S A | 465562106 | 425,256 | $3.1M | 1.42% |
| 17 | ISHARES TR | 464288877 | 35,700 | $2.4M | 1.10% |
| 18 | ISHARES TR | 46435G334 | 55,900 | $2.3M | 1.07% |
| 19 | EXXON MOBIL CORP | XOM | 19,200 | $2.2M | 0.98% |
| 20 | COCA-COLA FEMSA SAB DE CV | COCSF | 24,789 | $2.1M | 0.94% |
| 21 | VANGUARD INTL EQUITY INDEX F | 922042858 | 37,700 | $2.0M | 0.93% |
| 22 | PETROLEO BRASILEIRO SA PETRO | 71654V101 | 154,260 | $1.8M | 0.83% |
| 23 | PETROLEO BRASILEIRO SA PETRO | 71654V408 | 132,846 | $1.7M | 0.76% |
| 24 | CHEVRON CORP NEW | CVX | 8,700 | $1.4M | 0.61% |
| 25 | VALE S A | VALE | 122,010 | $1.3M | 0.60% |
| 26 | RIO TINTO PLC | RTNTF | 17,000 | $1.1M | 0.51% |
| 27 | BHP GROUP LTD | BHPLF | 20,000 | $1.1M | 0.51% |
| 28 | CENTRAIS ELETRICAS BRASILEIR | 15234Q207 | 100,104 | $993,032 | 0.45% |
| 29 | AMBEV SA | ABEV | 387,929 | $865,082 | 0.39% |
| 30 | SELECT SECTOR SPDR TR | 81369Y506 | 8,000 | $714,720 | 0.32% |
| 31 | COMPANHIA DE SANEAMENTO BASI | SBS | 28,680 | $713,845 | 0.32% |
| 32 | XP INC | XP | 37,068 | $696,508 | 0.32% |
| 33 | VANGUARD WORLD FDS | 92204A306 | 5,300 | $667,058 | 0.30% |
| 34 | JBS N.V. | JBS | 43,311 | $646,633 | 0.29% |
| 35 | BANCO BRADESCO S A | 059460303 | 187,900 | $635,102 | 0.29% |
| 36 | VANGUARD INDEX FDS | 922908744 | 3,350 | $624,742 | 0.28% |
| 37 | ANNALY CAPITAL MANAGEMENT IN | NLY-PJ | 30,000 | $606,300 | 0.28% |
| 38 | TELEFONICA BRASIL SA | VIV | 41,185 | $525,109 | 0.24% |
| 39 | BANCO SANTANDER BRASIL S A | BSBR | 88,050 | $492,200 | 0.22% |
| 40 | ARES CAPITAL CORP | ARCC | 22,773 | $464,797 | 0.21% |
| 41 | STONECO LTD | STNE | 22,040 | $416,776 | 0.19% |
| 42 | ISHARES TR | 464288281 | 4,300 | $409,317 | 0.19% |
| 43 | BLUE OWL CAPITAL CORPORATION | OWL | 29,495 | $376,651 | 0.17% |
| 44 | SHELL PLC | RYDAF | 5,000 | $357,650 | 0.16% |
| 45 | TIM S A | TIMB | 15,760 | $351,763 | 0.16% |
| 46 | SUZANO S A | SUZ | 33,605 | $315,887 | 0.14% |
| 47 | FS KKR CAP CORP | FSK | 21,000 | $313,530 | 0.14% |
| 48 | CIA ENERGETICA DE MINAS GERA | 204409601 | 147,547 | $311,324 | 0.14% |
| 49 | SCHWAB STRATEGIC TR | 808524870 | 10,000 | $269,500 | 0.12% |
| 50 | GERDAU SA | GGB | 86,242 | $267,350 | 0.12% |
| 51 | MAIN STR CAP CORP | 56035L104 | 4,124 | $262,245 | 0.12% |
| 52 | CONOCOPHILLIPS | COP | 2,700 | $255,393 | 0.12% |
| 53 | ULTRAPAR PARTICIPACOES SA | UGP | 46,700 | $191,470 | 0.09% |
| 54 | TOTALENERGIES SE | TTE | 3,000 | $179,070 | 0.08% |
| 55 | CAPITAL SOUTHWEST CORP | CSWC | 5,500 | $120,230 | 0.05% |
| 56 | OAKTREE SPECIALTY LENDING CO | OCSL | 8,240 | $107,532 | 0.05% |
| 57 | COMPANHIA SIDERURGICA NACION | 20440W105 | 55,740 | $83,610 | 0.04% |
| 58 | CRESCENT CAP BDC INC | 225655109 | 5,000 | $71,300 | 0.03% |
| 59 | COSAN S A | CSAN | 10,920 | $50,232 | 0.02% |
| 60 | BRASKEM S A | BAK | 9,510 | $23,014 | 0.01% |