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BW Gestao de Investimentos Ltda.

Diversified strategyHigh-turnover traderMomentum follower

Total reported value

$3.0B

Reporting period: 2026-03-31 · Number of holdings: 270

BW Gestao de Investimentos Ltda. disclosed 270 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $3.0B and a quarterly turnover rate of 90.9%.

Personality snowflake

Concentration
9.95
Portfolio Stability
90.92
Momentum/Contrarian
97.78
Sector conviction
70.04
Diversification
100
Sizing Uniformity
76.42

Recent moves

  • Trim RSP

    -96.7%　-$277.6M

  • Trim IVV

    -59.4%　-$310.1M

  • Trim QQQ

    -77.8%　-$218.7M

  • Trim SPY

    -50.0%　-$285.4M

  • Trim MU

    -88.6%　-$108.6M

  • Trim PATH

    -52.8%　-$50.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 263 holdings (of 270 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1IWMIshares Russell 2000 ETFETF-Small Cap8.65%-0.24%-34.38%
2SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth8.65%-3.66%-50.00%
3IVVIshares Core S&p 500 ETFETF-Large Cap & Growth6.51%-4.91%-59.39%
4TSLATesla INCStock-Consumer Disc2.84%+2.84%NEW
5RBARb Global INCStock-Industrials2.31%—-7.72%
6THCTenet Healthcare CORPStock-Healthcare2.01%—-10.34%
7QQQInvesco Qqq Trust Series 1ETF-Tech1.92%-4.32%-77.78%
8XLUSt Sr Utl Sl Se Spdr Etf-usdETF-Other1.37%—-21.74%
9ECHOEchostar Corp-aStock-Comm Services1.32%—+31.04%
10NTNXNutanix INC - AStock-Tech1.30%—+55.27%
11COFCapital One Financial CORPStock-Financials1.22%—+86.31%
12SOCSable Offshore CORPStock-Other1.17%+0.87%+45.11%
13IGVIshares Expanded Tech-softwaETF-Tech1.06%+1.06%NEW
14COPXGlobal X Copper Miners ETFETF-Other1.04%+1.04%NEW
15AVGOBroadcom INCStock-Tech1.03%-0.69%-54.59%
16XLVSs Health Care Select SectorETF-Other0.98%—-24.44%
17CPRICapri Holdings LimitedStock-Consumer Disc0.94%—+26.02%
18AALAmerican Airlines Group INCStock-Industrials0.88%+0.67%+307.93%
19SHWSherwin-williams Co/theStock-Materials0.83%—+41.01%
20PATHUipath INC - Class AStock-Tech0.79%-0.89%-52.80%
21BXBlackstone INCStock-Financials0.75%—+31.46%
22ECLEcolab INCStock-Materials0.73%—-31.82%
23DKSDick's Sporting Goods INCStock-Consumer Disc0.71%—+4.15%
24SOSouthern Co/theStock-Utilities0.67%+0.67%NEW
25AEPAmerican Electric PowerStock-Utilities0.67%—-9.78%
26AAAlcoa CORPStock-Materials0.67%+0.58%+290.37%
27MDLNMedline Inc-cl AStock-Other0.65%+0.51%+193.33%
28XELXcel Energy INCStock-Utilities0.64%—+0.73%
29FIXComfort Systems USA INCStock-Industrials0.64%+0.64%NEW
30MSFTMicrosoft CORPStock-Tech0.64%—+72.83%
31ROSTRoss Stores INCStock-Consumer Disc0.63%+0.60%+1024.96%
32PHParker Hannifin CORPStock-Industrials0.63%—+53.68%
33TLNTalen Energy CORPStock-Utilities0.63%—+1.56%
34EDConsolidated Edison INCStock-Utilities0.61%—-9.95%
35GLOBGlobant S.A.Stock-Tech0.61%—+10.02%
36CENXCentury Aluminum CompanyStock-Materials0.60%—+68.11%
37PAASPan American Silver CORPStock-Materials0.57%—+102.72%
38FCXFreeport-mcmoran INCStock-Materials0.57%—+40.06%
39VGVenture Global Inc-cl AStock-Energy0.56%+0.56%NEW
40MUMicron Technology INCStock-Tech0.56%-2.27%-88.63%
41AAPLApple INCStock-Tech0.56%—+98.40%
42SLVIshares Silver TrustETF-Commodities0.54%+0.54%NEW
43WMBWilliams Cos INCStock-Energy0.53%+0.53%NEW
44CNPCenterpoint Energy INCStock-Utilities0.53%—+72.72%
45FPSForgent Power Solutions INCStock-Other0.53%+0.53%NEW
46AMRZAmrize LtdStock-Materials0.52%—+113.99%
47ZIONZions Bancorp NAStock-Financials0.51%+0.51%NEW
48CLVTClarivate PlcStock-Other0.50%—+36.31%
49SWXSouthwest Gas Holdings INCStock-Utilities0.48%—-5.48%
50IDAIdacorp INCStock-Utilities0.47%—+9.74%
1–50 of 263

Holding changes this quarter

BW Gestao de Investimentos Ltda.'s most significant position changes for 2026-03-31: New buy: Tesla INC (TSLA); Sold out: Kranesh Csi China Internet (KWEB); New buy: Ishares Expanded Tech-softwa (IGV); New buy: Global X Copper Miners ETF (COPX); Sold out: Ishares U.s. Home Constructi (ITB).

Position changes disclosed by BW Gestao de Investimentos Ltda. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1SOCSable Offshore CORP+0.9%+45.11%Add
2AALAmerican Airlines Group INC+0.7%+307.93%Add
3ROSTRoss Stores INC+0.6%+1024.96%Add
4AAAlcoa CORP+0.6%+290.37%Add
5MDLNMedline Inc-cl A+0.5%+193.33%Add
6WBDWarner Bros Discovery INC-0.1%-43.67%Trim
7NRGNrg Energy INC-0.1%-43.75%Trim
8BIRKBirkenstock Holding plc-0.2%-67.26%Trim
9IWMIshares Russell 2000 ETF-0.2%-34.38%Trim
10PRGOPerrigo Company plc-0.2%-64.25%Trim
11CLFCleveland-cliffs INC-0.2%-62.11%Trim
12ALITAlight INC - Class A-0.3%-16.96%Trim
13EXEExpand Energy CORP-0.3%-84.33%Trim
14CCJCameco CORP-0.3%-78.54%Trim
15AVGOBroadcom INC-0.7%-54.59%Trim
16FOURShift4 Payments Inc-class A-0.8%-77.99%Trim
17PATHUipath INC - Class A-0.9%-52.80%Trim
18MUMicron Technology INC-2.3%-88.63%Trim
19SPYSs Spdr S&p 500 ETF Trust-us-3.7%-50.00%Trim
20QQQInvesco Qqq Trust Series 1-4.3%-77.78%Trim
21IVVIshares Core S&p 500 ETF-4.9%-59.39%Trim
22RSPInvesco S&p 500 Equal Weight-6.2%-96.68%Trim
23TSLATesla INC—NEWNew buy
24KWEBKranesh Csi China Internet—EXITSold out
25IGVIshares Expanded Tech-softwa—NEWNew buy
26COPXGlobal X Copper Miners ETF—NEWNew buy
27ITBIshares U.s. Home Constructi—EXITSold out
28KRESs Spdr S&p Regional Bank—EXITSold out
29XRTSs Spdr S&p Retail ETF—EXITSold out
30FTAIFTAI Aviation Ltd.—EXITSold out
31LINLinde plc—EXITSold out
32SOSouthern Co/the—NEWNew buy
33SQMQuimica Y Minera Chil-sp Adr—EXITSold out
34FIXComfort Systems USA INC—NEWNew buy
35BACBank Of America CORP—EXITSold out
36HBANHuntington Bancshares INC—EXITSold out
37VGVenture Global Inc-cl A—NEWNew buy
38SRESempra—EXITSold out
39SLVIshares Silver Trust—NEWNew buy
40WMBWilliams Cos INC—NEWNew buy
41CVSCvs Health CORP—EXITSold out
42FPSForgent Power Solutions INC—NEWNew buy
43ZIONZions Bancorp NA—NEWNew buy
44KVUEKenvue INC—EXITSold out
45ETREntergy CORP—EXITSold out
46LITGlobal X Lithium & Battery T—NEWNew buy
47NETCloudflare INC - Class A—NEWNew buy
48PBProsperity Bancshares INC—EXITSold out
49WBSWebster Financial CORP—EXITSold out
50PNFPPinnacle Financial Partners—NEWNew buy

FAQ

What is BW Gestao de Investimentos Ltda. and what type of investor is it?
BW Gestao de Investimentos Ltda. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $3.0B, spread across 270 disclosed positions.
What are BW Gestao de Investimentos Ltda.'s largest equity positions?
Based on the latest 13F filing, BW Gestao de Investimentos Ltda.'s top holdings by market value are: 1. Ishares Russell 2000 ETF (IWM) — $260.4M (8.7%) 2. Ss Spdr S&p 500 ETF Trust-us (SPY) — $260.1M (8.7%) 3. Ishares Core S&p 500 ETF (IVV) — $196.0M (6.5%) 4. Tesla INC (TSLA) — $85.5M (2.8%) 5. Rb Global INC (RBA) — $69.5M (2.3%)
What changes did BW Gestao de Investimentos Ltda. make in its most recent portfolio filing?
In the latest reported quarter, BW Gestao de Investimentos Ltda. made 50 notable position adjustments: 13 new positions were initiated, 5 existing holdings were added to, 17 positions were partially reduced, and 15 were completely exited. The largest of these moves: New buy: Tesla INC (TSLA); Sold out: Kranesh Csi China Internet (KWEB); New buy: Ishares Expanded Tech-softwa (IGV); New buy: Global X Copper Miners ETF (COPX); Sold out: Ishares U.s. Home Constructi (ITB)
What sectors does BW Gestao de Investimentos Ltda. focus on?
BW Gestao de Investimentos Ltda. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 36.4% • Consumer Discretionary: 23.4% • Financials: 17.1% • Materials: 9.8% • Industrials: 6.9% • Utilities: 4.8%