BTG Pactual Asset Management US LLC

CIK

1569579

Location

NEW YORK, NY

Portfolio Value

Micro $26,800,224

Diversification

Diversified

Filing Date

Global Rank

#2,269 / 8,586 ▲ 80

Top Industry

Utilities - Regulated Electric 17.7%

3Y Alpha vs SPY

+10.6%

Period ended 3 months ago

Filed May 14, 2026 · 33d

8 quarters · since Jun 2024

Clone Performance

Aug 2024–Jun 2026 · vs SPY

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

Cloned portfolio

+65.6%

SPY

+42.0%

Annualised alpha

+10.6%

Max drawdown

−16.4%

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

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

Top Position

4.2%

−19.7 pts

Top 5

19.2%

−18.6 pts

Top 10

32.7%

−17.7 pts

HHI

179

Diversified−525

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Utilities	23.3%	$151,483,335	26
Financial Services	14.6%	$94,644,325	58
Technology	13.0%	$84,417,067	24
Energy	11.4%	$74,336,875	28
Communication Services	8.9%	$57,858,265	17
Unclassified	7.6%	$49,578,280	4
Consumer Cyclical	5.6%	$36,097,675	18
Healthcare	4.7%	$30,734,282	15
Industrials	4.6%	$29,846,213	17
Basic Materials	4.1%	$26,800,224	11
Consumer Defensive	1.8%	$12,004,869	13
Real Estate	0.4%	$2,529,774	6

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
NU	Nu Holdings Ltd.	+456,111	513,877	$7,384,412
T	At&T Inc.	+286,274	303,229	$8,790,608
PCG	PG&E Corp	+230,124	483,276	$8,491,159
WBD	Warner Bros. Discovery, Inc.	+92,000	142,000	$3,899,320
D	Dominion Energy, Inc	+83,112	202,152	$12,497,036
AEE	Ameren Corp	+72,585	132,735	$14,590,231
NVDA	Nvidia Corp	+41,611	148,729	$25,938,337
MSFT	Microsoft Corp	+37,936	58,232	$21,555,739
AMZN	Amazon Com Inc	+20,916	120,781	$25,155,058
OGS	ONE Gas, Inc.	+18,870	105,278	$9,067,594
OXY	Occidental Petroleum Corp /De/	+17,926	24,931	$1,620,515
CFG	Citizens Financial Group Inc/Ri	+17,187	47,145	$2,827,285
VST	Vistra Corp.	+16,853	56,176	$8,444,938
VTRS	Viatris Inc	+15,209	31,389	$424,065
AEP	American Electric Power Co Inc	+14,824	93,020	$12,193,061
BKH	Black Hills Corp /Sd/	+11,899	41,001	$2,845,879
BGB	Blackstone Strategic Credit 2027 Term Fund	+8,972	29,223	$325,836
CNNE	Cannae Holdings, Inc.	+8,259	20,714	$235,518
GOOGL	Alphabet Inc.	+7,756	15,596	$4,484,785
ABEV	Ambev S.A.	+7,635	87,987	$256,922
GPK	Graphic Packaging Holding Co	+7,208	21,024	$208,978
BLW	BLACKROCK Ltd DURATION INCOME TRUST	+6,652	27,230	$342,825
IBIT	iShares Bitcoin Trust ETF	+6,300	25,340	$973,562
BCSF	Bain Capital Specialty Finance, Inc.	+6,234	16,355	$202,802
ABBV	AbbVie Inc.	+5,598	28,476	$6,193,245
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IHS	IHS Holding Ltd	−555,280	22,998	$189,273
CNP	Centerpoint Energy Inc	−247,230	50,428	$2,176,472
OGE	Oge Energy Corp.	−220,556	119,712	$5,741,387
AM	Antero Midstream Corp	−200,476	11,152	$254,265
SPY	Spdr S&P 500 ETF Trust	−183,282	37,835	$24,605,613
GM	General Motors Co	−99,580	2,820	$210,090
XEL	Xcel Energy Inc	−54,024	135,164	$10,737,428
PEG	Public Service Enterprise Group Inc	−46,167	3,775	$305,586
HIG	Hartford Insurance Group, Inc.	−21,788	11,098	$1,500,782
TAC	Transalta Corp	−17,807	169,173	$2,216,166
META	Meta Platforms, Inc.	−11,260	19,732	$11,289,269
CRWD	CrowdStrike Holdings, Inc.	−10,367	1,090	$425,546
V	Visa Inc.	−9,645	24,098	$7,283,379
RPRX	Royalty Pharma plc	−7,035	59,659	$2,861,842
QQQ	Invesco Qqq Trust, Series 1	−7,000	8,033	$4,636,486
BNY	Bank of New York Mellon Corp	−4,514	17,716	$2,101,649
JPM	Jpmorgan Chase & Co	−4,067	51,616	$15,183,362
VNET	VNET Group, Inc.	−3,334	26,666	$223,727
BRK-B	Berkshire Hathaway Inc	−3,010	44,995	$21,561,604
UBER	Uber Technologies, Inc	−2,600	10,116	$727,643
EOG	Eog Resources Inc	−2,357	48,081	$6,951,070
WFC	Wells Fargo & Company/Mn	−2,156	3,736	$297,422
DINO	HF Sinclair Corp	−1,345	3,269	$203,952
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−1,278	50,148	$16,947,516
TIGO	Millicom International Cellular SA	−1,115	77,672	$5,820,739
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TTE	TotalEnergies SE	300,000	$27,294,000
PBR	Petrobras - Petroleo Brasileiro SA	732,870	$15,207,052
ITUB	Itau Unibanco Holding S.A.	1,343,809	$11,261,119
NFLX	Netflix Inc	100,000	$9,615,000
VALE	Vale S.A.	590,567	$9,395,920
WTRG	Essential Utilities, Inc.	217,672	$8,765,651
VISN	Vistance Networks, Inc.	400,000	$7,280,000
FE	Firstenergy Corp	142,494	$7,218,746
NSC	Norfolk Southern Corp	22,619	$6,491,653
CMS	Cms Energy Corp	70,873	$5,498,327
WBS	Webster Financial Corp	70,000	$4,859,400
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	159,201	$4,857,222
SQM	Chemical & Mining Co Of Chile Inc	58,700	$4,751,178
EA	Electronic Arts Inc.	23,000	$4,689,010
ED	Consolidated Edison Inc	40,438	$4,576,772
ENIC	Enel Chile S.A.	1,089,800	$4,293,812
KVUE	Kenvue Inc.	223,921	$3,860,398
PPL	PPL Corp	99,328	$3,794,329
SATS	EchoStar CORP	30,000	$3,512,100
PG	PROCTER & GAMBLE Co	24,305	$3,510,614
GGB	Gerdau S.A.	765,924	$2,764,985
B	Barrick Mining Corp	66,254	$2,702,500
SLB	Slb Limited/Nv	44,621	$2,293,073
TVA	Texas Ventures Acquisition III Corp	186,531	$1,938,057
AR	ANTERO RESOURCES Corp	45,281	$1,921,725
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
EVRG	Evergy, Inc.	178,628	$12,948,743
BA	Boeing Co	56,600	$12,288,992
DTE	Dte Energy Co	92,354	$11,911,818
EXC	Exelon Corp	206,408	$8,997,324
PNW	Pinnacle West Capital Corp	89,414	$7,931,021
SUNC	SunocoCorp LLC	75,526	$3,721,921
CNQ	Canadian Natural Resources Ltd	86,373	$2,923,726
DUK	Duke Energy CORP	21,739	$2,548,028
DHT	DHT Holdings, Inc.	205,782	$2,512,598
CM	Canadian Imperial Bank Of Commerce /Can/	26,446	$2,396,272
BTE	Baytex Energy Corp.	633,954	$2,047,671
NOW	ServiceNow, Inc.	7,800	$1,194,882
PGR	Progressive Corp/Oh/	2,923	$665,625
IAU	Ishares Gold Trust	7,670	$622,573
ABT	Abbott Laboratories	3,327	$416,839
VZ	Verizon Communications Inc	9,510	$387,342
DVA	Davita Inc.	3,006	$341,511
L	Loews Corp	3,229	$340,045
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc	3,697	$335,317
RSG	Republic Services, Inc.	1,561	$330,822
GILD	Gilead Sciences, Inc.	2,691	$330,293
LOGI	Logitech International S.A.	3,247	$325,414
MDT	Medtronic plc	3,027	$290,773
AGO	Assured Guaranty Ltd	3,212	$288,662
AMGN	Amgen Inc	862	$282,141
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 positions · $26,800,224 total · Basic Materials only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VALE	Vale S.A. Basic Materials	NEW	590,567	NEW	$9,395,920	NEW	35.06%
SQM	Chemical & Mining Co Of Chile Inc Basic Materials	NEW	58,700	NEW	$4,751,178	NEW	17.73%
GGB	Gerdau S.A. Basic Materials	NEW	765,924	NEW	$2,764,985	NEW	10.32%
B	Barrick Mining Corp Basic Materials	NEW	66,254	NEW	$2,702,500	NEW	10.08%
SUZ	Suzano S.A. Basic Materials	NEW	182,120	NEW	$1,823,021	NEW	6.80%
PAAS	Pan American Silver Corp Basic Materials	NEW	23,576	NEW	$1,287,956	NEW	4.81%
SLSR	Solaris Resources Inc. Basic Materials	NEW	143,208	NEW	$1,228,724	NEW	4.58%
WPM	Wheaton Precious Metals Corp. Basic Materials	NEW	8,076	NEW	$1,058,036	NEW	3.95%
SSRM	Ssr Mining Inc. Basic Materials	NEW	28,767	NEW	$845,749	NEW	3.16%
BTG	B2gold Corp Basic Materials	NEW	161,097	NEW	$729,769	NEW	2.72%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	1,962	-231	$212,386	−3.0%	0.79%