
What smart money is saying about Itaú Unibanco
1 fund in our archive has pitched Itaú Unibanco — most recently Harding Loevner International Equity in September 2026.
Itaú Unibanco Holding S.A. provides various financial products and services to personal and corporate customers in Brazil and internationally. It operates through three segments: Retail Business, Wholesale Business and Activities with the Market + Corporation. The company offers current accounts; funds management; payments and collections; loans; credit and debit cards; investment and commercial banking services; real estate lending and financing services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides non-life insurance products covering loss, damage, or liability for objects or people, as well as life insurance products covering death and personal accidents. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth institutional clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR - Itaú Unibanco Participações S.A.
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Position history
Between Q4 2025 and Q3 2026, 2 fund letters reported a position in Itaú Unibanco — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 1 | 0 | 1 |
| Q4 2025 | 1 | 0 | 0 | 0 |
Fund activity · 2 positions · 1 move
- New positionHarding Loevner International EquitySeptember 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 - HoldsOrbis Global EquityDecember 2025
“Our portfolio is full of examples, whether that’s Brad Jacobs at QXO, Lord Wolfson at Next, Dr. Jan van de Winkel at Genmab or Pedro Moreira Salles at Itaú Unibanco.”
Itaú Unibanco
Fund coverage · 1 thesis
- Harding Loevner International EquitySeptember 2026
Itaú Unibanco has delivered resilient returns through Brazilian volatility, with solid credit trends and a more attractive valuation after its share price decline.
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