
What smart money is saying about Itaú Unibanco
1 fund in our archive has pitched Itaú Unibanco — most recently Harding Loevner International Equity ADR in September 2026.
Itaú Unibanco Holding S.A. delivers a broad spectrum of financial and insurance solutions to both individual and corporate clientele, operating within Brazil and internationally. The company organizes its activities across three primary divisions: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. Its extensive service portfolio encompasses various deposit instruments, lending products such as loans and credit cards, specialized investment and commercial banking, real estate financing, general financing and investment management, leasing, and foreign exchange services. Additionally, Itaú Unibanco is a prominent insurer, offering property and casualty coverage for losses, damages, or liabilities pertaining to assets and individuals, along with life insurance for death and personal accidents, and reinsurance. Its diverse customer base includes retail consumers (both account and non-account holders), private individuals and legal entities, high-net-worth clients, and micro to small enterprises. Established in 1924 and headquartered in São Paulo, Brazil, the firm adopted its current name, Itaú Unibanco Holding S.A., in April 2009, having previously been known as Itaú Unibanco Banco Múltiplo S.A. It functions as a subsidiary of IUPAR - Itaú Unibanco Participações S.A.
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Position history
Every position in Itaú Unibanco on record in the archive was reported in Q3 2026, across 1 fund letter — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 1 | 0 | 1 |
Fund activity · 1 position · 1 move
- New positionHarding Loevner International Equity ADRSeptember 2026
“Financials remain an underweight, about one fifth below the sector’s index weight, reflecting both misgivings about the risks inherent with banks and our resulting preference for banks with strong franchises, consistent profitability, and sound capitalization. Even so, we found opportunities to add selectively. We increased BBVA, which continued to deliver solid results at a reasonable valuation, and re-established a holding in Brazil’s Itaú Unibanco, last owned in 2021.”
Itaú Unibanco
Fund coverage · 1 thesis
- Harding Loevner International Equity ADRSeptember 2026
Itaú Unibanco has delivered resilient returns through Brazilian volatility, with solid credit trends, proactive management, and a more attractive valuation after the share decline.
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