| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| XP Control LLC | 20% | $1,665,687,918 | 101,752,469 | XP Control LLC | 11 Feb 2026 | |||
| Capital World Investors | 9.1% | $633,472,701 | 39,691,272 | Capital World Investors | 31 Mar 2025 | |||
| BlackRock, Inc. | 8.3% | +24% | $564,478,181 | +$92,057,383 | 34,482,479 | +19% | BlackRock, Inc. | 31 Dec 2025 |
| DODGE & COX | 7.9% | -20% | $658,379,060 | -$169,731,712 | 34,308,445 | -20% | Dodge & Cox | 30 Jun 2025 |
| GENERAL ATLANTIC, L.P. | 5.4% | $434,238,534 | 22,758,833 | GENERAL ATLANTIC, L.P. | 02 Dec 2025 |
As of 31 Dec 2025, 334 institutional investors reported holding 348,027,809 shares of XP Inc. - Class A Common Shares, par value $0.00001 per share (XP). This represents 67% of the company’s total 519,145,250 outstanding shares.
The largest institutional shareholders of XP Inc. - Class A Common Shares, par value $0.00001 per share (XP) together control 53% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 9% | 46,729,141 | +4.1% | 0.01% | $764,956,031 |
| Capital World Investors | 7.2% | 37,497,038 | -6% | 0.08% | $613,829,108 |
| Dodge & Cox | 6.5% | 33,960,545 | -1.5% | 0.3% | $555,934,122 |
| GENERAL ATLANTIC, L.P. | 4.4% | 22,699,133 | -11% | 13% | $371,584,807 |
| ARGA Investment Management, LP | 3.8% | 19,900,087 | +119% | 8.9% | $325,764,424 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.4% | 12,263,021 | +12% | 0.06% | $200,745,654 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.3% | 11,799,175 | +11% | 0.11% | $193,152,495 |
| MORGAN STANLEY | 1.8% | 9,524,277 | +13% | 0.01% | $155,912,433 |
| STATE STREET CORP | 1.8% | 9,503,007 | +1.5% | 0.01% | $155,564,225 |
| FMR LLC | 1.4% | 7,360,536 | +2.2% | 0.01% | $120,491,979 |
| SCHRODER INVESTMENT MANAGEMENT GROUP | 1.4% | 7,098,293 | -42% | 0.09% | $116,199,056 |
| Ninety One UK Ltd | 1.2% | 6,186,576 | +9.4% | 0.22% | $101,274,244 |
| ATMOS CAPITAL GESTAO DE RECURSOS LTDA. | 1.1% | 5,621,659 | -33% | 14% | $92,026,558 |
| NORGES BANK | 0.94% | 4,898,974 | 0.01% | $80,196,204 | |
| GEODE CAPITAL MANAGEMENT, LLC | 0.94% | 4,866,728 | +4.4% | 0% | $79,285,086 |
| SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. | 0.92% | 4,793,735 | -30% | 16% | $78,473,442 |
| Fisher Asset Management, LLC | 0.84% | 4,377,265 | -3.1% | 0.02% | $71,655,827 |
| SPX Gestao de Recursos Ltda | 0.81% | 4,195,379 | +110% | 7% | $68,678,354 |
| BANK OF AMERICA CORP /DE/ | 0.74% | 3,857,852 | +0.78% | 0% | $63,153,037 |
| VANGUARD GROUP INC | 0.73% | 3,784,717 | +4.7% | 0% | $61,955,817 |
| Seafarer Capital Partners, LLC | 0.73% | 3,771,000 | 0% | 16% | $61,731,270 |
| OAKTREE CAPITAL MANAGEMENT LP | 0.64% | 3,320,159 | +63% | 0.88% | $54,351,002 |
| Legal & General Group Plc | 0.53% | 2,760,141 | +9% | 0.01% | $45,183,507 |
| FRANKLIN RESOURCES INC | 0.53% | 2,734,137 | +10% | 0.01% | $44,757,824 |
| NORTHERN TRUST CORP | 0.49% | 2,568,818 | +0.14% | 0.01% | $42,051,550 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 348,027,809 | $5,698,092,467 | +$8,096,922 | $16.37 | 334 |
| 2025 Q3 | 342,999,434 | $6,442,863,745 | -$13,112,913 | $18.79 | 325 |
| 2025 Q2 | 344,265,264 | $6,951,706,117 | +$377,789,278 | $20.20 | 309 |
| 2025 Q1 | 335,040,935 | $4,611,767,690 | -$136,803,600 | $13.75 | 292 |
| 2024 Q4 | 348,803,452 | $4,132,545,543 | -$67,490,571 | $11.85 | 289 |
| 2024 Q3 | 345,922,012 | $6,204,982,692 | +$167,811,787 | $17.94 | 288 |
| 2024 Q2 | 310,937,353 | $5,472,745,938 | -$214,000,177 | $17.59 | 261 |
| 2024 Q1 | 317,010,486 | $8,133,237,088 | +$637,298,056 | $25.66 | 294 |
| 2023 Q4 | 292,092,779 | $7,612,834,051 | +$404,153,100 | $26.07 | 298 |
| 2023 Q3 | 279,165,041 | $6,434,878,098 | -$121,821,450 | $23.05 | 252 |
| 2023 Q2 | 284,088,758 | $6,664,823,003 | +$66,087,232 | $23.46 | 216 |
| 2023 Q1 | 290,231,753 | $3,446,087,203 | +$20,158,258 | $11.87 | 183 |
| 2022 Q4 | 286,287,118 | $4,391,659,114 | +$337,363,526 | $15.34 | 187 |
| 2022 Q3 | 262,990,625 | $4,997,664,852 | +$17,295,505 | $19.01 | 185 |
| 2022 Q2 | 262,222,323 | $4,710,517,238 | -$460,330,045 | $17.96 | 183 |
| 2022 Q1 | 259,491,993 | $7,808,193,426 | +$624,792,920 | $30.10 | 226 |
| 2021 Q4 | 254,666,905 | $7,317,159,828 | +$1,938,955,632 | $28.74 | 215 |
| 2021 Q3 | 184,985,499 | $7,430,571,484 | +$135,619,426 | $40.17 | 164 |
| 2021 Q2 | 181,923,879 | $7,920,438,932 | +$38,872,977 | $43.55 | 161 |
| 2021 Q1 | 181,665,423 | $6,848,425,335 | +$76,716,970 | $37.67 | 145 |
| 2020 Q4 | 172,732,691 | $6,850,977,133 | +$1,052,898,333 | $39.67 | 145 |
| 2020 Q3 | 140,345,173 | $5,848,600,592 | -$41,560,828 | $41.69 | 122 |
| 2020 Q2 | 140,012,535 | $5,882,347,838 | +$95,355,389 | $42.01 | 113 |
| 2020 Q1 | 137,108,889 | $2,653,828,933 | -$80,765,358 | $19.29 | 100 |
| 2019 Q4 | 131,809,077 | $5,076,890,625 | +$4,817,612,631 | $38.52 | 115 |