13F HOLDINGS REPORT
LARCH CAPITAL PARTNERS LLC
Quarter ended Q4 2025 · Filed February 20, 2026 · Accession 0002112646-26-000001
Total Value
$729.1M
Positions
34
Other Managers
0
Confidential Omitted
No
Holdings (34)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NU HLDGS LTD | NU | 36,190,501 | $605.8M | 83.09% |
| 2 | VALE S A | VALE | 1,374,389 | $18.2M | 2.50% |
| 3 | INVESCO EXCHANGE TRADED FD T | IVZ | 46,839 | $9.0M | 1.23% |
| 4 | ISHARES TR | 464288257 | 58,016 | $8.2M | 1.13% |
| 5 | BANCO BRADESCO S A | 059460303 | 2,253,600 | $8.0M | 1.10% |
| 6 | PETROLEO BRASILEIRO SA PETRO | 71654V408 | 632,032 | $7.7M | 1.06% |
| 7 | ISHARES INC | 46434G764 | 100,651 | $7.3M | 1.00% |
| 8 | J P MORGAN EXCHANGE TRADED F | 46641Q159 | 140,799 | $6.5M | 0.90% |
| 9 | VANGUARD WHITEHALL FDS | 921946885 | 94,599 | $6.4M | 0.87% |
| 10 | FIRST TR EXCH TRADED FD III | 33739E108 | 287,112 | $5.2M | 0.72% |
| 11 | ISHARES TR | 464288281 | 51,280 | $4.9M | 0.68% |
| 12 | ISHARES TR | 46434V738 | 65,726 | $4.7M | 0.64% |
| 13 | ISHARES TR | 46434V407 | 96,900 | $4.2M | 0.57% |
| 14 | ISHARES INC | 46434G822 | 50,733 | $4.1M | 0.56% |
| 15 | ISHARES TR | 464287291 | 34,902 | $3.7M | 0.50% |
| 16 | ISHARES TR | 464287234 | 65,815 | $3.6M | 0.49% |
| 17 | VANECK ETF TRUST | 92189F429 | 167,160 | $3.0M | 0.40% |
| 18 | J P MORGAN EXCHANGE TRADED F | 46654Q724 | 41,487 | $2.8M | 0.38% |
| 19 | VANGUARD TAX-MANAGED FDS | 921943858 | 41,141 | $2.6M | 0.35% |
| 20 | ISHARES TR | 46432F339 | 11,833 | $2.4M | 0.32% |
| 21 | ISHARES TR | 464288182 | 24,720 | $2.3M | 0.32% |
| 22 | SPDR S&P 500 ETF TR | SPY | 2,742 | $1.9M | 0.26% |
| 23 | ISHARES TR | 46429B598 | 31,015 | $1.7M | 0.23% |
| 24 | JBS N.V. | JBS | 71,290 | $1.0M | 0.14% |
| 25 | SPDR INDEX SHS FDS | 78463X194 | 23,470 | $1.0M | 0.14% |
| 26 | VANGUARD INTL EQUITY INDEX F | 922042858 | 9,604 | $516,311 | 0.07% |
| 27 | ISHARES TR | 46429B655 | 10,006 | $508,905 | 0.07% |
| 28 | J P MORGAN EXCHANGE TRADED F | 46641Q837 | 8,262 | $419,458 | 0.06% |
| 29 | SPDR SERIES TRUST | 78464A474 | 11,115 | $335,673 | 0.05% |
| 30 | ROBINHOOD MKTS INC | 770700102 | 2,475 | $279,923 | 0.04% |
| 31 | Vanuard Intl Equity Index F | 922042874 | 2,951 | $246,733 | 0.03% |
| 32 | JANUS DETROIT STR TR | 47103U845 | 4,585 | $231,909 | 0.03% |
| 33 | INTERNATIONAL BUSINESS MACHS | INTR | 782 | $231,636 | 0.03% |
| 34 | VANGUARD WORLD FD | 921910816 | 554 | $228,675 | 0.03% |