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What smart money is saying about XP Inc.Brazil flag

XP · Financial Services · Financial - Capital Markets · Market cap $8.51B

1 fund in our archive has pitched XP Inc., most recently Baron International Growth Fund in June 2025.

Company profile

XP Inc. provides financial products and services in Brazil. It offers securities brokerage, private pension plans, commercial, and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits; product structuring and capital markets services for corporate clients and issuers of fixed income products; advisory services for mass-affluent and institutional clients; and wealth management services for high-net-worth customers and institutional clients. The company also offers Xpeed, an online financial education portal that offers seminars, classes, and learning tools to help teach individuals on topics, such as basics of investing, techniques, and investment strategies, as well as insurance brokerage services. In addition, it operates XP Platform, an open product platform that provides clients to access investment products in the market, including equity and fixed income securities, mutual and hedge funds, private equity, structured products, credit cards, loan operations, life insurance, pension plans, real-estate investment funds, and others. The company was founded in 2001 and is based in São Paulo, Brazil.

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2
Reported positions
1
Bought
1
Sold
3
Letters

Position history

Between Q1 2025 and Q3 2026, 2 fund letters reported a position in XP Inc., with 1 buy (opened or added) and 1 sell (trimmed or exited).

Fund letters reporting a position in XP Inc., by quarter
QuarterLettersBoughtSoldTheses
Q3 20261100
Q2 20250001
Q1 20251010

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 2 positions · 2 moves

  • New positionVersa Asset Funds
    September 2026
    “During the month we reduced investments in Lojas Renner and Vulcabrás due to the prospect of worse third-quarter results than expected. We replaced them with Banco Pine, XP, Rumo Logística and Equatorial.”
    XP Inc.
  • ExitedTouchstone Sands Capital Emerging Markets Growth Fund
    March 2025
    “We exited XP, Brazil’s largest independent investment platform by assets under custody.”
    XP Inc.

Fund coverage · 1 thesis

  • XP Inc. is a technology-driven financial services platform in Brazil poised for long-term growth by disrupting the traditional industry with a user-friendly, multi-product approach amidst rising financial literacy and shifting household asset allocations.

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