BTG Pactual Asset Management US LLC — Q3 2025 13F Holdings

Name: BTG Pactual Asset Management US LLC — 13F Holdings, Q3 2025
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001569579

Total reported value

$1.2B

← Back to latest quarter

Full holdings list this quarter

Showing top 200 holdings (of 239 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	60.69%	-12.55%	+666.27%
2	IWF	Ishares Russell 1000 Growth	ETF-Other	4.10%	—	+20.47%
3	MGK	Vanguard Mega Cap Growth ETF	ETF-Other	1.61%	—	+5.90%
4	HUT	Hut 8 CORP	Stock-Financials	1.59%	—	—
5	IREN	Iren LTD F	Stock-Other	1.52%	—	—
6	CIFR	Cipher Digital INC	Stock-Tech	1.42%	—	—
7	MGV	Vanguard Mega Cap Value ETF	ETF-Other	1.25%	+0.21%	+2.91%
8	NVDA	Nvidia CORP	Stock-Tech	1.16%	+0.29%	+16.21%
9	VGK	Vanguard Ftse Europe ETF	ETF-Other	1.11%	—	+4.84%
10	AAPL	Apple INC	Stock-Tech	1.04%	—	+2959.07%
11	GOOG	Alphabet Inc-cl C	Stock-Comm Services	1.03%	—	+46.41%
12	JPM	Jpmorgan Chase & Co	Stock-Financials	0.94%	—	+9.56%
13	AMZN	Amazon.com INC	Stock-Consumer Disc	0.92%	—	+43.66%
14	MSFT	Microsoft CORP	Stock-Tech	0.85%	+0.91%	-48.84%
15	GLD	Spdr Gold Shares	ETF-Commodities	0.79%	—	+23.09%
16	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.67%	—	-35.75%
17	XLV	Ss Health Care Select Sector	ETF-Other	0.64%	-0.88%	+32.01%
18	KEL	Kellanova	Stock-Other	0.63%	—	+144.88%
19	VO	Vanguard Mid-cap ETF	ETF-Other	0.58%	—	+12.03%
20	META	Meta Platforms Inc-class A	Stock-Comm Services	0.57%	-1.01%	+27.44%
21	NOW	Servicenow INC	Stock-Tech	0.56%	—	+47.10%
22	VWO	Vanguard Ftse Emerging Marke	ETF-Emerging Markets	0.48%	—	-2.42%
23	DUK	Duke Energy CORP	Stock-Utilities	0.48%	—	+5.98%
24	EWJ	Ishares Msci Japan ETF	ETF-Other	0.44%	—	+3.08%
25	✓	Cyberark Software LTD	Stock-Other	0.42%	—	+2668.32%
26	V	Visa Inc-class A Shares	Stock-Financials	0.40%	-0.52%	+368.26%
27	LNT	Alliant Energy CORP	Stock-Utilities	0.38%	—	-6.61%
28	AEE	Ameren Corporation	Stock-Utilities	0.38%	+0.68%	+3.48%
29	CEG	Constellation Energy	Stock-Utilities	0.38%	—	-12.88%
30	GEV	GE Vernova INC	Stock-Industrials	0.36%	—	+14.26%
31	VST	Vistra CORP	Stock-Utilities	0.36%	—	-27.95%
32	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.36%	—	+235.77%
33	KWEB	Kranesh Csi China Internet	ETF-Emerging Markets	0.35%	—	-42.74%
34	EXC	Exelon CORP	Stock-Utilities	0.34%	-0.88%	EXIT
35	OGE	Oge Energy CORP	Stock-Utilities	0.33%	-0.91%	—
36	VB	Vanguard Small-cap ETF	ETF-Other	0.32%	—	+0.48%
37	KOS 3.125 03-15-30	Kosmos Energy LTD	Stock-Other	0.32%	+0.42%	—
38	XEL	Xcel Energy INC	Stock-Utilities	0.32%	—	+13.76%
39	URI	United Rentals INC	Stock-Industrials	0.31%	—	+106.62%
40	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	0.30%	—	+68.93%
41	VGT	Vanguard Info Tech ETF	ETF-Tech	0.29%	—	+1.04%
42	PNW	Pinnacle West Capital	Stock-Utilities	0.29%	-0.77%	EXIT
43	VFH	Vanguard Financials ETF	ETF-Other	0.27%	—	+4.62%
44	CRWD	Crowdstrike Holdings INC - A	Stock-Tech	0.27%	-0.48%	+22.76%
45	CNP	Centerpoint Energy INC	Stock-Utilities	0.26%	-0.92%	+190.80%
46	AEP	American Electric Power	Stock-Utilities	0.26%	—	-19.43%
47	ABBV	Abbvie INC	Stock-Healthcare	0.26%	—	+118.63%
48	MLPX	Global X Mlp & Energy Infras	ETF-Other	0.26%	—	+0.52%
49	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	ETF-Corp Bonds	0.25%	—	+45.93%
50	FYBR	Frontier Communications Pare	Stock-Other	0.25%	—	+174.26%

1–50 of 200

Holding changes this quarter

Position changes disclosed by BTG Pactual Asset Management US LLC for the quarter ending Q3 2025, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	SPY	Ss Spdr S&p 500 ETF Trust-us	+46.8%	+666.27%	Add
2	AAPL	Apple INC	+0.8%	+2959.07%	Add
3	✓	Cyberark Software LTD	+0.4%	+2668.32%	Add
4	V	Visa Inc-class A Shares	+0.3%	+368.26%	Add
5	GEV	GE Vernova INC	+0.3%	+14.26%	Add
6	IWM	Ishares Russell 2000 ETF	+0.3%	+68.93%	Add
7	EXC	Exelon CORP	+0.2%	+52.78%	Add
8	URI	United Rentals INC	+0.1%	+106.62%	Add
9	KEL	Kellanova	—	+144.88%	Add
10	NOW	Servicenow INC	-0.1%	+47.10%	Add
11	MSFT	Microsoft CORP	-0.4%	-48.84%	Add
12	AMZN	Amazon.com INC	-0.4%	+43.66%	Add
13	JPM	Jpmorgan Chase & Co	-0.4%	+9.56%	Add
14	MGK	Vanguard Mega Cap Growth ETF	-0.6%	+5.90%	Add
15	FE	Firstenergy CORP	-0.7%	-74.66%	Trim
16	NU	Nu Holdings Ltd.	-0.9%	-91.33%	Trim
17	BABA	Alibaba Group Holding-sp Adr	-0.9%	—	Trim
18	XLF	Ss Financial Select Sector	-1.2%	-96.08%	Trim
19	AVGO	Broadcom INC	-1.4%	+6.74%	Trim
20	BRK-B	Berkshire Hathaway Inc-cl B	-2.2%	-35.75%	Trim
21	IWF	Ishares Russell 1000 Growth	-2.8%	+20.47%	Add
22	GOOG	Alphabet Inc-cl C	-3.3%	+46.41%	Trim
23	GLD	Spdr Gold Shares	-3.9%	+23.09%	Trim
24	HUT	Hut 8 CORP	—	NEW	New buy
25	IREN	Iren LTD F	—	NEW	New buy
26	CIFR	Cipher Digital INC	—	NEW	New buy
27	CPRI	Capri Holdings Limited	—	EXIT	Sold out
28	CORZ	Core Scientific INC	—	EXIT	Sold out
29	PEP	Pepsico INC	—	EXIT	Sold out
30	PYPL	Paypal Holdings INC	—	EXIT	Sold out
31	CL	Colgate-palmolive Co	—	EXIT	Sold out
32	FDX	Fedex CORP	—	EXIT	Sold out
33	LNT	Alliant Energy CORP	—	NEW	New buy
34	PBR	Petroleo Brasileiro-spon Adr	—	EXIT	Sold out
35	PCG	P G & E CORP	—	EXIT	Sold out
36	KWEB	Kranesh Csi China Internet	—	NEW	New buy
37	NBIS	Nebius Group NV	—	EXIT	Sold out
38	ITUB	Itau Unibanco H-spon Prf Adr	—	EXIT	Sold out
39	OGE	Oge Energy CORP	—	NEW	New buy
40	KOS 3.125 03-15-30	Kosmos Energy LTD	—	NEW	New buy
41	PNW	Pinnacle West Capital	—	NEW	New buy
42	HES	Hess CORP	—	EXIT	Sold out
43	WBA	Walgreens Boots Alliance INC	—	EXIT	Sold out
44	PPL	Ppl CORP	—	EXIT	Sold out
45	AEP	American Electric Power	—	NEW	New buy
46	QQQ	Invesco Qqq Trust Series 1	—	EXIT	Sold out
47	EA	Electronic Arts INC	—	EXIT	Sold out
48	DIA	Ss Spdr Dow Jones Indus Avg	—	EXIT	Sold out
49	VALE	Vale Sa-sp Adr	—	EXIT	Sold out
50	D	Dominion Energy INC	—	EXIT	Sold out