Navi International - Administradora e Gestora de Recursos Financeiros Ltda.
CIK 2044610 · View on SEC EDGAR ↗
- Portfolio value
- $147.9M
- Positions
- 12
- As of
- June 30, 2026
#7,442 of 9,443 by 13F value · top 78.8%
Portfolio value QoQ: -33.5% 13F does not disclose cash
- Top 10 holdings weight
- 99.39%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 9
- Effective number of positions
- 4.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 25.34% Est. buys $46,902,640 · sells $108,968,391
- New positions
- 4
- Increased
- 5
- Decreased
- 2
- Closed
- 6
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Retail
35.9%
Financial Services
20.2%
Industrials
12.8%
Financials
9.4%
Utilities
2.3%
Materials
2.0%
Paper & Forest
1.9%
Other/Unmapped
15.5%
Full portfolio 12 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| MELI MercadoLibre, Inc. - Common Stock | $53,045,135 | 35.87% | 31,251 | $645,455 | Up ×1 | ||
| XP XP Inc. - Class A Common Stock | $29,885,636 | 20.21% | 1,837,985 | $-21,121,572 | Down ×1 | ||
| LTM LATAM Airlines Group S.A. American Depositary Shares (each representing two thousand (2,000) shares of Common Stock) | $18,996,428 | 12.85% | 326,007 | $17,975,393 | Up ×1 | ||
| PBRA | $17,043,990 | 11.53% | 1,164,207 | $1,141,421 | Up ×1 | ||
| INTR Inter & Co. Inc. - Class A Common Shares | $13,266,647 | 8.97% | 2,443,213 | Up ×1 | |||
| Unknown issuer (CUSIP: 464286900) | $5,916,750 | 4.00% | 171,500 | Call option | Up ×1 | ||
| AXIA AXIA Energia American Depositary Shares (Each representing one Common Share) | $3,058,588 | 2.07% | 289,639 | $2,160,395 | Up ×2 | ||
| SUZ Suzano S.A. American Depositary Shares (each representing One Ordinary Share) | $2,763,693 | 1.87% | 356,146 | $-801,439 | Down ×1 | ||
| GGB Gerdau S.A. Common Stock | $2,222,000 | 1.50% | 550,000 | $236,500 | |||
| VALE VALE S.A. American Depositary Shares Each Representing one common share | $778,907 | 0.53% | 51,789 | Up ×1 | |||
| ITUB Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) | $626,337 | 0.42% | 76,663 | $422,720 | Up ×1 | ||
| CIG Comp En De Mn Cemig ADS American Depositary Shares | $270,453 | 0.18% | 128,695 | Up ×1 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| XP | Trimmed | -841K | -$21.1M |
| AXIA | Bought more | +210K | +$2.2M |
| PBRA | Bought more | +316K | +$1.1M |
| SUZ | Trimmed | -11 | -$801K |
| MELI | Bought more | +945 | +$645K |
| ITUB | Bought more | +52K | +$423K |
| GGB | Price move only | +0 | +$236K |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| NU | June 30, 2026 | 4,008,517 | $57,602,389 | 8.5% |
| STNE | June 30, 2026 | 2,043,105 | $28,848,643 | -14.1% |
| EWW | March 31, 2026 | 178,888 | $12,402,305 | No longer tracked |
| EEM | March 31, 2026 | 125,285 | $6,854,342 | No longer tracked |
| PBR | June 30, 2026 | 266,925 | $5,538,694 | 18.7% |
| IWM | March 31, 2026 | 13,537 | $3,332,268 | No longer tracked |
| AXIAPR | June 30, 2026 | 190,920 | $2,392,228 | No longer tracked |
| EMBJ | June 30, 2026 | 11,923 | $707,511 | 19.3% |
| AXIAPRC | March 31, 2026 | 78,375 | $675,593 | No longer tracked |
| EVEX | March 31, 2026 | 125,832 | $502,070 | 7.1% |
| BBD | June 30, 2026 | 56,096 | $204,750 | -12.1% |