1y return+19.0%S&P 500 +20.9%
3y return+42.4%S&P 500 +68.5%
5y return+40.9%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2017: $152 against $280 in the S&P 500.2
Itau Unibanco Holding S.A.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPYState Str Spdr S&p 500 Etf T | $650.5M | 12.8% | +48.6% |
| IGOVIshares Tr | $314.2M | 6.2% | +181.0% |
| VALEVale S A | $230.5M | 4.5% | −14.0% |
| PBRPetroleo Brasileiro S A | $215.0M | 4.2% | −36.0% |
| Nu Hldgs LtdCUSIP G6683N103 | $196.6M | 3.9% | +18544.1% |
| ITUBItau Unibanco Hldg S A | $192.8M | 3.8% | +18.3% |
| FMXFomento Economico Mexicano S | $156.9M | 3.1% | −12.4% |
| Credicorp LtdCUSIP G2519Y108 | $148.0M | 2.9% | New |
| BBDBanco Bradesco S A | $147.8M | 2.9% | −13.0% |
| CXCemex Sa Euro Mtn Be 144a | $136.9M | 2.7% | −12.0% |
| TSMTaiwan Semiconductor Manufac | $114.5M | 2.3% | +241.4% |
| PBR/APetroleo Brasileiro S A | $109.3M | 2.2% | +21.7% |
| EMBJEmbraer S.a. | $101.1M | 2.0% | +41.2% |
| NVDANvidia Corporation | $95.7M | 1.9% | +17.0% |
| GLDSpdr Gold Tr | $82.4M | 1.6% | −11.9% |
| AMZNAmazon Com Inc | $80.3M | 1.6% | +18.9% |
| EWZIshares Inc | $72.6M | 1.4% | +102.0% |
| VOOVanguard Index Fds | $72.5M | 1.4% | −77.6% |
| Asml Hldg NvCUSIP N07059210 | $63.7M | 1.3% | +906.3% |
| MUMicron Technology Inc | $55.8M | 1.1% | −43.3% |
| XLISelect Sector Spdr Tr | $55.4M | 1.1% | New |
| VISTVista Energy S.a.b. De C.v. | $54.0M | 1.1% | +3089.4% |
| BVNCompania De Minas Buenaventu | $53.9M | 1.1% | +149.1% |
| BCHBanco De Chile | $53.2M | 1.0% | +258.5% |
| METAMeta Platforms Inc | $52.9M | 1.0% | +2.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $95.7M |
| TSMTaiwan Semiconductor Manufac | March 31, 2021 | +303.8% | $114.5M |
| EMBJEmbraer S.a. | March 31, 2023 | +289.7% | $101.1M |
| GOOGLAlphabet Inc | December 31, 2023 | +155.8% | $40.8M |
| METAMeta Platforms Inc | June 30, 2020 | +148.1% | $52.9M |
| Asml Hldg NvCUSIP N07059210 | September 30, 2025 | +105.5% | $63.7M |
| PBRPetroleo Brasileiro S A | June 30, 2020 | +95.4% | $215.0M |
| PBR/APetroleo Brasileiro S A | June 30, 2020 | +83.7% | $109.3M |
| AMZNAmazon Com Inc | June 30, 2020 | +72.8% | $80.3M |
| SPYState Str Spdr S&p 500 Etf T | December 31, 2021 | +57.2% | $650.5M |
Sold off last quarter
- LTMLatam Airlines Group Sa was $42.0M
- RSPInvesco Exchange Traded Fd T was $32.3M
- KOFCoca Cola Femsa S A B De C V was $14.5M
- ELPCCompanhia Paranaense De Ener was $10.9M
- Dbx Etf TrCUSIP 233051440 was $6.6M
- BBYBest Buy Inc was $6.6M
- DBAInvesco Db Mlti Sectr Cmmty was $5.1M
- USMVIshares Tr was $4.4M
- KVUEKenvue Inc was $3.5M
- GEVGe Vernova Inc was $3.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +2.9% | +14.8% |
| March 31, 2026 | +5.3% | −4.6% |
| December 31, 2025 | +3.5% | +2.4% |
| September 30, 2025 | +6.1% | +7.8% |
| June 30, 2025 | +11.7% | +10.5% |
| March 31, 2025 | +0.3% | −4.6% |
| December 31, 2024 | −4.9% | +2.1% |
| September 30, 2024 | +4.3% | +5.4% |
| June 30, 2024 | −5.1% | +4.0% |
| March 31, 2024 | +4.4% | +10.0% |
| December 31, 2023 | +13.4% | +11.2% |
| September 30, 2023 | −4.3% | −3.6% |
| June 30, 2023 | +7.6% | +8.3% |
| March 31, 2023 | +4.8% | +7.0% |
| December 31, 2022 | +6.0% | +7.1% |
| September 30, 2022 | −3.1% | −5.3% |
| June 30, 2022 | −21.3% | −16.5% |
| March 31, 2022 | +6.4% | −4.9% |
| December 31, 2021 | +4.9% | +10.7% |
| September 30, 2021 | −2.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Itau Unibanco Holding S.A. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1132597&type=13F-HR&dateb=&owner=include&count=40CIK 1132597
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1132597/000129281426004254/Filed August 14, 2026 · accession 0001292814-26-004254