Itau Unibanco Holding S.A.

CIK

1132597

Location

SAO PAULO, D5

Portfolio Value

Mid $3,132,693,861

Diversification

Diversified

Filing Date

Global Rank

#898 / 8,622 ▲ 35 · as of Mar 2026

Top Industry

Banks - Regional 17.2%

3Y Alpha vs SPY

-2.1%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+59.3%

SPY

+67.9%

Annualised alpha

-2.1%

Max drawdown

−17.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

300 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

13.8%

+3.1 pts

Top 5

46.1%

+10.8 pts

Top 10

64.5%

+11.4 pts

HHI

589

Diversified+191

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	16.8%	$527,577,226	6
Financial Services	16.7%	$524,136,566	47
Basic Materials	16.0%	$500,127,212	10
Energy	14.1%	$443,019,701	11
Technology	8.6%	$268,485,666	52
Communication Services	7.2%	$225,565,212	24
Consumer Cyclical	5.6%	$176,355,285	20
Consumer Defensive	5.6%	$174,929,796	11
Industrials	4.9%	$154,184,871	43
Healthcare	1.9%	$60,492,589	30
Utilities	1.6%	$51,322,784	13
Real Estate	0.8%	$26,496,953	33

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VALE	Vale S.A.	+7,751,862	17,874,446	$284,382,435
BBD	Bank Bradesco	+2,189,476	49,057,171	$179,058,673
CX	Cemex Sab De CV	+2,086,775	12,944,607	$148,086,303
ELPC	Energy Co Of Parana	+1,424,132	1,837,936	$21,944,955
FMX	Mexican Economic Development Inc	+977,148	1,386,705	$154,007,456
PBR	Petrobras - Petroleo Brasileiro SA	+947,711	20,775,870	$431,099,301
AMX	America Movil Sab De Cv/	+885,913	3,336,036	$85,002,197
VTMX	Vesta Real Estate Corporation, S.A.B. de C.V.	+500,804	691,170	$23,043,607
A	Agilent Technologies, Inc.	+412,946	413,373	$47,116,254
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	+281,692	633,193	$19,318,718
BMA	Macro Bank Inc.	+213,567	219,597	$16,990,219
SPY	Spdr S&P 500 ETF Trust	+108,873	586,330	$381,313,851
PDD	PDD Holdings Inc.	+83,052	219,427	$22,421,050
EMBJ	Embraer S.A.	+68,164	1,132,213	$67,185,519
V	Visa Inc.	+62,787	102,780	$31,064,227
MU	Micron Technology Inc	+57,857	85,267	$28,806,603
PAM	Pampa Energy Inc.	+56,346	176,903	$15,655,915
SONY	Sony Group Corp	+51,581	79,878	$1,653,474
QQQ	Invesco Qqq Trust, Series 1	+49,635	52,645	$30,385,641
CSX	Csx Corp	+46,916	47,636	$1,955,457
TGS	Gas Transporter Of The South Inc	+46,199	95,234	$3,296,048
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima	+41,905	232,825	$2,582,029
KSPI	Joint Stock Co Kaspi.kz	+41,719	101,160	$7,492,921
META	Meta Platforms, Inc.	+35,383	91,712	$52,471,186
VRT	Vertiv Holdings Co	+28,419	30,721	$7,698,068
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NU	Nu Holdings Ltd.	−12,512,817	79,742	$1,145,892
GGB	Gerdau S.A.	−2,536,100	6,208,632	$22,413,161
ITUB	Itau Unibanco Holding S.A.	−1,094,071	20,012,082	$167,701,247
LTM	Latam Airlines Group S.A.	−681,982	863,692	$42,700,932
KOF	Coca Cola Femsa Sab De CV	−523,920	148,913	$14,526,463
BCH	Bank Of Chile	−459,721	376,061	$13,929,299
STNE	StoneCo Ltd.	−366,573	150,484	$2,124,834
CIB	Grupo Cibest S.A.	−340,749	310,619	$22,616,169
TV	Grupo Televisa, S.A.B.	−290,060	12,882	$37,486
AES	Aes Corp	−258,181	880	$12,399
PAC	Pacific Airport Group	−159,458	1,977	$488,061
AAPL	Apple Inc.	−149,905	80,552	$20,443,291
EVEX	Eve Holding, Inc.	−120,521	299,486	$742,725
TSLA	Tesla, Inc.	−89,167	12,704	$4,722,711
AMZN	Amazon Com Inc	−84,271	283,357	$59,014,762
NVDA	Nvidia Corp	−80,266	408,871	$71,307,102
HOOD	Robinhood Markets, Inc.	−79,970	448	$31,046
NFLX	Netflix Inc	−67,726	213,571	$20,534,851
MRK	Merck & Co., Inc.	−58,058	636	$76,504
ETN	Eaton Corp plc	−57,813	11,442	$4,092,460
IBM	International Business Machines Corp	−43,550	509	$123,376
MSFT	Microsoft Corp	−43,311	74,617	$27,620,974
BKR	Baker Hughes Co	−37,163	2,889	$176,373
CSGP	Costar Group, Inc.	−35,148	52,539	$2,119,423
GOOGL	Alphabet Inc.	−34,472	136,325	$39,201,617
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
BVN	Buenaventura Mining Co Inc	742,914	$26,774,620
BBAR	Banco BBVA Argentina S.A.	1,233,262	$19,806,187
NTES	NetEase, Inc.	138,361	$15,488,130
TER	Teradyne, Inc	22,400	$6,640,704
ICE	Intercontinental Exchange, Inc.	34,208	$5,380,234
BLK	BlackRock, Inc.	4,533	$4,359,431
SGML	Sigma Lithium Corp	306,267	$3,779,334
CAT	Caterpillar Inc	5,062	$3,586,224
MSGS	Madison Square Garden Sports Corp.	9,000	$2,892,600
TKO	TKO Group Holdings, Inc.	14,000	$2,823,100
HCA	HCA Healthcare, Inc.	4,849	$2,294,740
CRWV	CoreWeave, Inc.	28,695	$2,223,001
ZETA	Zeta Global Holdings Corp.	133,078	$2,118,601
VIST	Vista Energy, S.A.B. de C.V.	26,408	$1,993,011
RKT	Rocket Companies, Inc.	137,500	$1,959,375
GDS	GDS Holdings Ltd	46,999	$1,893,589
CDNS	Cadence Design Systems Inc	6,000	$1,667,220
SNPS	Synopsys Inc	4,000	$1,585,920
BKNG	Booking Holdings Inc.	270	$1,136,786
NTRA	Natera, Inc.	4,900	$979,951
TXN	Texas Instruments Inc	5,018	$974,194
BRZE	Braze, Inc.	33,261	$785,292
ALAB	Astera Labs, Inc.	7,000	$767,200
MSCI	MSCI Inc.	1,200	$646,812
VNET	VNET Group, Inc.	72,025	$604,289
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BAP	Credicorp Ltd	267,014	$76,633,018
TBBB	Bbb Foods Inc	1,059,893	$35,389,827
SCCO	Southern Copper Corp/	191,301	$27,445,949
AERO	Grupo Aeromexico, S.A.B. de C.V.	1,101,434	$24,187,490
CRWD	CrowdStrike Holdings, Inc.	46,322	$21,713,900
CPA	Copa Holdings, S.A.	127,532	$15,381,633
FCX	Freeport-Mcmoran Inc	158,037	$8,026,699
NRG	Nrg Energy, Inc.	39,782	$6,334,885
PATH	UiPath, Inc.	260,000	$4,261,400
HRL	Hormel Foods Corp /De/	169,581	$4,019,069
TSEM	Tower Semiconductor Ltd	34,000	$3,992,280
URI	United Rentals, Inc.	4,583	$3,709,113
JBS	Jbs N.V.	220,600	$3,181,052
OMER	Omeros Corp	180,000	$3,092,400
KMI	Kinder Morgan, Inc.	98,222	$2,700,122
SMR	NUSCALE POWER Corp	188,000	$2,663,960
IONQ	IonQ, Inc.	58,000	$2,602,460
WWD	Woodward, Inc.	8,600	$2,599,952
QCOM	Qualcomm Inc/De	12,000	$2,052,600
AMKR	Amkor Technology, Inc.	50,000	$1,974,000
MAR	Marriott International Inc /Md/	5,844	$1,813,042
RTX	RTX Corp	9,857	$1,807,773
KKR	KKR & Co. Inc.	14,140	$1,802,567
USB	US Bancorp De	33,142	$1,768,457
GLW	Corning Inc /Ny	20,000	$1,751,200
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

300 positions · $3,132,693,861 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 300 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PBR	Petrobras - Petroleo Brasileiro SA Energy	Added	20,775,870	+947,711	$431,099,301	+83.5%	13.76%
SPY	Spdr S&P 500 ETF Trust	Added	586,330	+108,873	$381,313,851	+17.1%	12.17%
VALE	Vale S.A. Basic Materials	Added	17,874,446	+7,751,862	$284,382,435	+115.6%	9.08%
BBD	Bank Bradesco Financial Services	Added	49,057,171	+2,189,476	$179,058,673	+14.7%	5.72%
ITUB	Itau Unibanco Holding S.A. Financial Services	Reduced	20,012,082	-1,094,071	$167,701,247	+11.0%	5.35%
FMX	Mexican Economic Development Inc Consumer Defensive	Added	1,386,705	+977,148	$154,007,456	+272.1%	4.92%
CX	Cemex Sab De CV Basic Materials	Added	12,944,607	+2,086,775	$148,086,303	+18.7%	4.73%
GLD	Spdr Gold Trust	Reduced	254,004	-29,170	$109,295,381	−2.6%	3.49%
AMX	America Movil Sab De Cv/ Communication Services	Added	3,336,036	+885,913	$85,002,197	+67.8%	2.71%
MELI	Mercadolibre Inc Consumer Cyclical	Added	46,596	+17,772	$80,565,415	+38.8%	2.57%
NVDA	Nvidia Corp Technology	Reduced	408,871	-80,266	$71,307,102	−21.8%	2.28%
EMBJ	Embraer S.A. Industrials	Added	1,132,213	+68,164	$67,185,519	−1.9%	2.14%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	283,357	-84,271	$59,014,762	−30.5%	1.88%
META	Meta Platforms, Inc. Communication Services	Added	91,712	+35,383	$52,471,186	+41.1%	1.67%
A	Agilent Technologies, Inc. Healthcare	Added	413,373	+412,946	$47,116,254	+80993.7%	1.50%
LTM	Latam Airlines Group S.A. Industrials	Reduced	863,692	-681,982	$42,700,932	−48.9%	1.36%
GOOGL	Alphabet Inc. Communication Services	Reduced	136,325	-34,472	$39,201,617	−26.7%	1.25%
V	Visa Inc. Financial Services	Added	102,780	+62,787	$31,064,227	+121.5%	0.99%
QQQ	Invesco Qqq Trust, Series 1	Added	52,645	+49,635	$30,385,641	+1543.3%	0.97%
MU	Micron Technology Inc Technology	Added	85,267	+57,857	$28,806,603	+268.2%	0.92%
MSFT	Microsoft Corp Technology	Reduced	74,617	-43,311	$27,620,974	−51.6%	0.88%
BVN	Buenaventura Mining Co Inc Basic Materials	NEW	742,914	NEW	$26,774,620	NEW	0.85%
GGAL	Grupo Financiero Galicia SA Financial Services	Reduced	550,441	-13,996	$25,711,099	−15.6%	0.82%
AVGO	Broadcom Inc. Technology	Added	82,547	+15,708	$25,549,121	+10.4%	0.82%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	70,258	-12,813	$23,743,690	−5.9%	0.76%
VTMX	Vesta Real Estate Corporation, S.A.B. de C.V. Real Estate	Added	691,170	+500,804	$23,043,607	+297.0%	0.74%
CIB	Grupo Cibest S.A. Financial Services	Reduced	310,619	-340,749	$22,616,169	−45.4%	0.72%
PDD	PDD Holdings Inc. Consumer Cyclical	Added	219,427	+83,052	$22,421,050	+45.0%	0.72%
GGB	Gerdau S.A. Basic Materials	Reduced	6,208,632	-2,536,100	$22,413,161	−30.5%	0.72%
ELPC	Energy Co Of Parana Utilities	Added	1,837,936	+1,424,132	$21,944,955	+457.6%	0.70%
NFLX	Netflix Inc Communication Services	Reduced	213,571	-67,726	$20,534,851	−22.1%	0.66%
AAPL	Apple Inc. Technology	Reduced	80,552	-149,905	$20,443,291	−67.4%	0.65%
BBAR	Banco BBVA Argentina S.A. Financial Services	NEW	1,233,262	NEW	$19,806,187	NEW	0.63%
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp Utilities	Added	633,193	+281,692	$19,318,718	+130.4%	0.62%
PLTR	Palantir Technologies Inc. Technology	Added	131,712	+8,926	$19,266,831	−11.7%	0.62%
BMA	Macro Bank Inc. Financial Services	Added	219,597	+213,567	$16,990,219	+3025.1%	0.54%
SPGI	S&P Global Inc. Financial Services	Added	37,500	+27,873	$15,950,248	+217.0%	0.51%
PAM	Pampa Energy Inc. Industrials	Added	176,903	+56,346	$15,655,915	+46.7%	0.50%
NTES	NetEase, Inc. Communication Services	NEW	138,361	NEW	$15,488,130	NEW	0.49%
KOF	Coca Cola Femsa Sab De CV Consumer Defensive	Reduced	148,913	-523,920	$14,526,463	−77.2%	0.46%
BCH	Bank Of Chile Financial Services	Reduced	376,061	-459,721	$13,929,299	−56.1%	0.44%
MA	Mastercard Inc Financial Services	Added	25,690	+24,682	$12,836,265	+2130.7%	0.41%
SUZ	Suzano S.A. Basic Materials	Held	828,449	0	$8,292,774	+7.2%	0.26%
VRT	Vertiv Holdings Co Industrials	Added	30,721	+28,419	$7,698,068	+1964.1%	0.25%
KSPI	Joint Stock Co Kaspi.kz Technology	Added	101,160	+41,719	$7,492,921	+61.3%	0.24%
ARM	Arm Holdings PLC /Uk Technology	Added	46,000	+11,350	$6,958,880	+83.7%	0.22%
TER	Teradyne, Inc Technology	NEW	22,400	NEW	$6,640,704	NEW	0.21%
BBY	Best Buy Co Inc Consumer Cyclical	Reduced	102,296	-5,053	$6,567,403	−8.6%	0.21%
WMB	Williams Companies, Inc. Energy	Reduced	75,724	-9,479	$5,511,192	+7.6%	0.18%
ICE	Intercontinental Exchange, Inc. Financial Services	NEW	34,208	NEW	$5,380,234	NEW	0.17%