Institutional Manager · CIK 0001569579
BTG Pactual Asset Management US LLC
NEW YORK, NY · File #028-15216
Latest AUM
$1.03B
Positions
243
Top-10 Concentration
54.1%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | ISHARES TR | 464288513 | +791,809 | +$63.8M | -$164 |
| REDUCE | SPDR S&P 500 ETF TR | SPY | -50,300 | -$34.3M | +$1.2M |
| EXITED | HUT 8 CORP | 44812J104 | -975,000 | -$33.9M | $0 |
| EXITED | IREN LIMITED | Q4982L109 | -690,000 | -$32.4M | $0 |
| EXITED | CIPHER MINING INC | 17253J106 | -2,400,000 | -$30.2M | $0 |
| REDUCE | SPDR GOLD TR | GLD | -46,338 | -$18.4M | +$1.9M |
| REDUCE | BERKSHIRE HATHAWAY INC DEL | BRK-A | -29,022 | -$14.6M | +$500,019 |
| NEW | EVERGY INC | EVRG | +178,628 | +$12.9M | $0 |
| NEW | DTE ENERGY CO | DTK | +92,354 | +$11.9M | $0 |
| REDUCE | ISHARES TR | 464287614 | -27,252 | -$11.6M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025243 pos · $1.03B
- 13F HOLDINGS REPORTQ/E Sep 2025248 pos · $2.13B
- 13F HOLDINGS REPORTQ/E Jun 2025248 pos · $913.1M
- 13F HOLDINGS REPORTQ/E Mar 2025268 pos · $934.2M
- 13F HOLDINGS REPORTQ/E Dec 2024279 pos · $963.2M
- 13F HOLDINGS REPORTQ/E Sep 2024240 pos · $1.16B
- 13F HOLDINGS REPORTQ/E Jun 2024132 pos · $678.8M
- 13F NOTICEQ/E Mar 2024— pos · $0
- 13F NOTICEQ/E Dec 2023— pos · $0
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 197,917 | $135.0M | 16.19% |
| 2 | ISHARES TR | 464287614 | 178,572 | $75.8M | 9.09% |
| 3 | ISHARES TR | 464288513 | 800,000 | $64.5M | 7.74% |
| 4 | VANGUARD WORLD FD | 921910816 | 93,608 | $34.3M | 4.11% |
| 5 | VANGUARD WORLD FD | 921910840 | 194,054 | $25.5M | 3.05% |
| 6 | ALPHABET INC | GOOG | 79,297 | $24.9M | 2.98% |
| 7 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 46,805 | $23.5M | 2.82% |
| 8 | VANGUARD INTL EQUITY INDEX F | 922042874 | 303,249 | $23.5M | 2.82% |
| 9 | AMAZON COM INC | AMZN | 99,865 | $23.1M | 2.77% |
| 10 | SELECT SECTOR SPDR TR | 81369Y209 | 134,367 | $20.9M | 2.51% |
| 11 | NVIDIA CORPORATION | NVDA | 107,118 | $20.0M | 2.40% |
| 12 | JPMORGAN CHASE & CO. | VYLD | 55,683 | $17.9M | 2.15% |
| 13 | SPDR S&P 500 ETF TR | SPY | 23,200 | $15.8M | 1.90% |
| 14 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 51,426 | $15.6M | 1.87% |
| 15 | SPDR GOLD TR | GLD | 37,598 | $14.9M | 1.79% |
| 16 | OGE ENERGY CORP | OGE | 340,268 | $14.5M | 1.74% |
| 17 | XCEL ENERGY INC | XELLL | 189,188 | $14.0M | 1.68% |
| 18 | EVERGY INC | EVRG | 178,628 | $12.9M | 1.55% |
| 19 | VANGUARD INDEX FDS | 922908629 | 45,466 | $12.7M | 1.53% |
| 20 | DTE ENERGY CO | DTK | 92,354 | $11.9M | 1.43% |