BTG Pactual Global Asset Management Ltd

CIK

1567992

Location

NEW YORK, NY

Portfolio Value

Small $373,411,046

Diversification

Diversified

Filing Date

Global Rank

#2,626 / 7,302 ▲ 1312 · as of Mar 2024

Top Industry

Internet Retail 10.6%

3Y Alpha vs SPY

-6.4%

Period ended 2 years ago

Filed May 15, 2024 · 2y

17 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+50.4%

SPY

+75.5%

Annualised alpha

-6.1%

Max drawdown

−14.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

85 positions · as of Mar 31, 2024 · Δ vs Dec 31, 2023

Top Position

13.4%

+2.2 pts

Top 5

33.6%

−0.1 pts

Top 10

49.4%

−6.5 pts

HHI

402

Diversified−38

Portfolio Trend

17 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2024

Sector	% Portfolio	Value	Positions
Financial Services	20.4%	$76,233,858	12
Unclassified	19.3%	$72,072,554	2
Technology	11.8%	$43,891,981	12
Utilities	10.6%	$39,763,024	15
Consumer Cyclical	9.5%	$35,613,587	6
Communication Services	8.1%	$30,074,494	5
Consumer Defensive	5.5%	$20,550,262	6
Energy	5.1%	$18,975,416	8
Basic Materials	4.1%	$15,496,163	5
Industrials	3.8%	$14,152,916	6
Healthcare	1.5%	$5,659,330	6
Real Estate	0.2%	$927,461	2

Last Quarter's Activity

Export CSV

Mar 31, 2024 vs Dec 31, 2023

Added To

Positions the filer increased

15 positions

Ticker	Company	Δ Shares	Shares	Value
TTI	Tetra Technologies Inc	+86,924	120,183	$532,410
ACI	Albertsons Companies, Inc.	+70,000	150,000	$3,216,000
AMZN	Amazon Com Inc	+60,208	86,958	$15,685,484
META	Meta Platforms, Inc.	+14,103	36,035	$17,497,875
MSFT	Microsoft Corp	+10,487	21,085	$8,870,880
TJX	Tjx Companies Inc /De/	+8,281	26,531	$2,690,774
INSW	International Seaways, Inc.	+7,754	23,344	$1,241,900
AAPL	Apple Inc.	+7,252	13,027	$2,233,869
QQQ	Invesco Qqq Trust, Series 1	+7,047	50,047	$22,221,368
MA	Mastercard Inc	+6,254	10,792	$5,197,102
SRE	Sempra	+5,298	47,816	$3,434,623
NVDA	Nvidia Corp	+4,541	10,621	$959,670
EL	Estee Lauder Companies Inc	+2,500	12,500	$1,926,875
GOOGL	Alphabet Inc.	+1,513	12,000	$1,811,160
ORLY	O Reilly Automotive Inc	+629	2,629	$197,855
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
XP	XP Inc.	−198,932	200,364	$5,141,340
NU	Nu Holdings Ltd.	−99,164	782,256	$9,332,314
NI	Nisource Inc.	−73,065	182,425	$5,045,875
SQM	Chemical & Mining Co Of Chile Inc	−62,300	58,600	$2,880,776
VALE	Vale S.A.	−46,600	479,070	$5,839,863
ETR	Entergy Corp /De/	−20,852	21,650	$1,143,986
EVRG	Evergy, Inc.	−14,337	112,776	$6,019,982
AEP	American Electric Power Co Inc	−13,647	23,660	$2,037,126
PCG	PG&E Corp	−1,912	278,629	$4,669,822
MELI	Mercadolibre Inc	−75	3,749	$5,668,338
V	Visa Inc.	−66	5,285	$1,474,936
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	95,305	$49,851,186
BRK-B	Berkshire Hathaway Inc	47,652	$20,038,619
MU	Micron Technology Inc	120,000	$14,146,800
JPM	Jpmorgan Chase & Co	61,907	$12,399,972
WFC	Wells Fargo & Company/Mn	200,000	$11,592,000
TGT	Target Corp	60,000	$10,632,600
EBAY	Ebay Inc	200,000	$10,556,000
DIS	Walt Disney Co	80,000	$9,788,800
FDX	Fedex Corp	40,000	$9,338,920
ADBE	Adobe Inc.	16,743	$8,448,517
AEE	Ameren Corp	68,694	$5,080,608
STNE	StoneCo Ltd.	299,794	$4,979,578
XEL	Xcel Energy Inc	62,331	$3,350,291
PBA	Pembina Pipeline Corp	62,454	$2,207,124
FCX	Freeport-Mcmoran Inc	44,600	$2,097,092
CVE	Cenovus Energy Inc.	84,922	$1,697,590
SBLK	Star Bulk Carriers Corp.	57,444	$1,371,188
PEG	Public Service Enterprise Group Inc	19,379	$1,294,129
CRM	Salesforce, Inc.	4,097	$1,233,933
AUNA	Auna S.A.	110,000	$1,171,500
AES	Aes Corp	63,440	$1,137,479
OXY	Occidental Petroleum Corp /De/	17,482	$1,136,155
ES	Eversource Energy	18,647	$1,114,531
URI	United Rentals, Inc.	1,493	$1,076,617
CEG	Constellation Energy Corp	5,615	$1,037,932
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
FE	Firstenergy Corp	94,138	$3,451,099
EXC	Exelon Corp	93,900	$3,371,010
PPL	PPL Corp	81,323	$2,203,853
CMS	Cms Energy Corp	29,662	$1,722,472
SIMO	Silicon Motion Technology CORP	10,000	$612,700
TECK	Teck Resources Ltd	13,964	$590,258
CPRI	Capri Holdings Ltd	10,000	$502,400
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

85 positions · $373,411,046 total · as of Mar 31, 2024

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

Showing 1–50 of 85 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	NEW	95,305	NEW	$49,851,186	NEW	13.35%
QQQ	Invesco Qqq Trust, Series 1	Added	50,047	+7,047	$22,221,368	+26.2%	5.95%
BRK-B	Berkshire Hathaway Inc Financial Services	NEW	47,652	NEW	$20,038,619	NEW	5.37%
META	Meta Platforms, Inc. Communication Services	Added	36,035	+14,103	$17,497,875	+125.4%	4.69%
AMZN	Amazon Com Inc Consumer Cyclical	Added	86,958	+60,208	$15,685,484	+285.9%	4.20%
MU	Micron Technology Inc Technology	NEW	120,000	NEW	$14,146,800	NEW	3.79%
JPM	Jpmorgan Chase & Co Financial Services	NEW	61,907	NEW	$12,399,972	NEW	3.32%
WFC	Wells Fargo & Company/Mn Financial Services	NEW	200,000	NEW	$11,592,000	NEW	3.10%
TGT	Target Corp Consumer Defensive	NEW	60,000	NEW	$10,632,600	NEW	2.85%
EBAY	Ebay Inc Consumer Cyclical	NEW	200,000	NEW	$10,556,000	NEW	2.83%
DIS	Walt Disney Co Communication Services	NEW	80,000	NEW	$9,788,800	NEW	2.62%
FDX	Fedex Corp Industrials	NEW	40,000	NEW	$9,338,920	NEW	2.50%
NU	Nu Holdings Ltd. Financial Services	Reduced	782,256	-99,164	$9,332,314	+27.1%	2.50%
MSFT	Microsoft Corp Technology	Added	21,085	+10,487	$8,870,880	+122.6%	2.38%
PBR	Petrobras - Petroleo Brasileiro SA Energy	Held	564,270	0	$8,582,546	−4.8%	2.30%
ADBE	Adobe Inc. Technology	NEW	16,743	NEW	$8,448,517	NEW	2.26%
ITUB	Itau Unibanco Holding S.A. Financial Services	Held	1,181,390	0	$7,225,971	−0.3%	1.94%
EVRG	Evergy, Inc. Utilities	Reduced	112,776	-14,337	$6,019,982	−9.3%	1.61%
VALE	Vale S.A. Basic Materials	Reduced	479,070	-46,600	$5,839,863	−30.0%	1.56%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	3,749	-75	$5,668,338	−5.7%	1.52%
MA	Mastercard Inc Financial Services	Added	10,792	+6,254	$5,197,102	+168.5%	1.39%
XP	XP Inc. Financial Services	Reduced	200,364	-198,932	$5,141,340	−50.6%	1.38%
AEE	Ameren Corp Utilities	NEW	68,694	NEW	$5,080,608	NEW	1.36%
NI	Nisource Inc. Utilities	Reduced	182,425	-73,065	$5,045,875	−25.6%	1.35%
STNE	StoneCo Ltd. Technology	NEW	299,794	NEW	$4,979,578	NEW	1.33%
PCG	PG&E Corp Utilities	Reduced	278,629	-1,912	$4,669,822	−7.7%	1.25%
SRE	Sempra Utilities	Added	47,816	+5,298	$3,434,623	+8.1%	0.92%
XEL	Xcel Energy Inc Utilities	NEW	62,331	NEW	$3,350,291	NEW	0.90%
ENIC	Enel Chile S.A. Utilities	Held	1,089,800	0	$3,323,890	−5.9%	0.89%
ACI	Albertsons Companies, Inc. Consumer Defensive	Added	150,000	+70,000	$3,216,000	+74.8%	0.86%
CSAN	Cosan S.A. Energy	Held	247,680	0	$3,207,456	−17.3%	0.86%
ASAIY	Sendas Distributor S.A. Consumer Defensive	Held	206,870	0	$3,057,538	+6.9%	0.82%
SQM	Chemical & Mining Co Of Chile Inc Basic Materials	Reduced	58,600	-62,300	$2,880,776	−60.4%	0.77%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	26,531	+8,281	$2,690,774	+57.2%	0.72%
GGB	Gerdau S.A. Basic Materials	Held	638,270	0	$2,350,939	−8.9%	0.63%
SUZ	Suzano S.A. Basic Materials	Held	182,120	0	$2,327,493	+12.5%	0.62%
AAPL	Apple Inc. Technology	Added	13,027	+7,252	$2,233,869	+100.9%	0.60%
PBA	Pembina Pipeline Corp Energy	NEW	62,454	NEW	$2,207,124	NEW	0.59%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	44,600	NEW	$2,097,092	NEW	0.56%
AEP	American Electric Power Co Inc Utilities	Reduced	23,660	-13,647	$2,037,126	−32.8%	0.55%
EL	Estee Lauder Companies Inc Consumer Defensive	Added	12,500	+2,500	$1,926,875	+31.8%	0.52%
GOOGL	Alphabet Inc. Communication Services	Added	12,000	+1,513	$1,811,160	+23.6%	0.49%
CVE	Cenovus Energy Inc. Energy	NEW	84,922	NEW	$1,697,590	NEW	0.45%
V	Visa Inc. Financial Services	Reduced	5,285	-66	$1,474,936	+5.9%	0.39%
BBD	Bank Bradesco Financial Services	Held	494,580	0	$1,414,498	−18.3%	0.38%
SBLK	Star Bulk Carriers Corp. Industrials	NEW	57,444	NEW	$1,371,188	NEW	0.37%
PEG	Public Service Enterprise Group Inc Utilities	NEW	19,379	NEW	$1,294,129	NEW	0.35%
INSW	International Seaways, Inc. Energy	Added	23,344	+7,754	$1,241,900	+75.2%	0.33%
CRM	Salesforce, Inc. Technology	NEW	4,097	NEW	$1,233,933	NEW	0.33%
AUNA	Auna S.A. Healthcare	NEW	110,000	NEW	$1,171,500	NEW	0.31%