BTG Pactual Asset Management US LLC 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
BTG Pactual Asset Management US LLC disclosed 206 US equity positions worth $743.4m in its Q2 2025 13F filing. The largest position was SPY at 17.6% of the reported book, followed by IWF and MGK. Against the Q1 2025 filing, it opened 8 new positions, added to 25 and reduced 14 among the top 50 holdings.
What did BTG Pactual Asset Management US LLC own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR S&P 500 ETF TR | 17.6% | $130.8m | 211,732 | 4% | added | |
| 2 | IWF ISHARES TR | 9.8% | $72.5m | 170,849 | -4% | reduced | |
| 3 | MGK VANGUARD WORLD FD | 4.4% | $32.5m | 88,811 | 32% | added | |
| 4 | MGV VANGUARD WORLD FD | 3.5% | $25.9m | 197,592 | 5% | added | |
| 5 | VGK VANGUARD INTL EQUITY INDEX F | 3.0% | $22.5m | 290,662 | 0% | held | |
| 6 | BRK/B BERKSHIRE HATHAWAY INC DEL | 3.0% | $22.4m | 46,106 | -7% | reduced | |
| 7 | SNDK SANDISK CORP | Technology | 2.4% | $18.1m | 400,000 | – | new |
| 8 | NVDA NVIDIA CORPORATION | Technology | 2.4% | $17.9m | 113,573 | -5% | reduced |
| 9 | JPM JPMORGAN CHASE & CO. | Financial Services | 2.3% | $16.8m | 57,808 | 16% | added |
| 10 | MSFT MICROSOFT CORP | Technology | 1.9% | $14.2m | 28,554 | 0% | held |
| 11 | AMZN AMAZON COM INC | Consumer Cyclical | 1.8% | $13.6m | 62,121 | -2% | reduced |
| 12 | GLD SPDR GOLD TR | 1.6% | $11.7m | 38,294 | 21% | added | |
| 13 | XLF SELECT SECTOR SPDR TR | 1.5% | $11.3m | 215,637 | -4% | reduced | |
| 14 | VO VANGUARD INDEX FDS | 1.5% | $11.0m | 39,133 | 6% | added | |
| 15 | GOOG ALPHABET INC | Communication Services | 1.5% | $10.9m | 61,674 | -76% | reduced |
| 16 | VST VISTRA CORP | Utilities | 1.4% | $10.6m | 54,916 | 1% | added |
| 17 | VWO VANGUARD INTL EQUITY INDEX F | 1.4% | $10.5m | 211,997 | 4% | added | |
| 18 | XLV SELECT SECTOR SPDR TR | 1.4% | $10.4m | 76,939 | -1% | reduced | |
| 19 | PPL PPL CORP | Utilities | 1.3% | $10.0m | 294,111 | 78% | added |
| 20 | META META PLATFORMS INC | Communication Services | 1.3% | $9.6m | 12,998 | -8% | reduced |
| 21 | DUK DUKE ENERGY CORP NEW | Utilities | 1.2% | $9.1m | 77,542 | 54% | added |
| 22 | CEG CONSTELLATION ENERGY CORP | Utilities | 1.2% | $9.1m | 28,073 | 44% | added |
| 23 | NOW SERVICENOW INC | Technology | 1.2% | $9.0m | 8,792 | 15% | added |
| 24 | EWJ ISHARES INC | 1.2% | $8.6m | 114,262 | 1% | added | |
| 25 | LNT ALLIANT ENERGY CORP | Utilities | 1.1% | $7.9m | 129,848 | – | new |
| 26 | FE FIRSTENERGY CORP | Utilities | 1.0% | $7.7m | 190,743 | 7% | added |
| 27 | AEE AMEREN CORP | Utilities | 1.0% | $7.3m | 75,661 | 47% | added |
| 28 | VB VANGUARD INDEX FDS | 0.9% | $6.9m | 29,113 | -2% | reduced | |
| 29 | AEP AMERICAN ELEC PWR CO INC | Utilities | 0.9% | $6.4m | 61,235 | – | new |
| 30 | VGT VANGUARD WORLD FD | 0.8% | $6.2m | 9,324 | 36% | added | |
| 31 | GEV GE VERNOVA INC | Industrials | 0.8% | $5.9m | 11,063 | 269% | added |
| 32 | VFH VANGUARD WORLD FD | 0.8% | $5.6m | 44,046 | 1% | added | |
| 33 | MLPX GLOBAL X FDS | 0.7% | $5.4m | 86,425 | 64% | added | |
| 34 | KEL KELLANOVA | 0.7% | $5.2m | 65,986 | -8% | reduced | |
| 35 | XEL XCEL ENERGY INC | Utilities | 0.7% | $5.0m | 73,368 | -28% | reduced |
| 36 | VHT VANGUARD WORLD FD | 0.7% | $5.0m | 20,048 | 6% | added | |
| 37 | JBS JBS N.V. | Consumer Defensive | 0.7% | $5.0m | 340,317 | – | new |
| 38 | HES HESS CORP | 0.7% | $4.9m | 35,483 | -8% | reduced | |
| 39 | CRWD CROWDSTRIKE HLDGS INC | Technology | 0.6% | $4.6m | 9,277 | -8% | reduced |
| 40 | EXC EXELON CORP | Utilities | 0.6% | $4.5m | 104,733 | 215% | added |
| 41 | SLV ISHARES SILVER TR | 0.6% | $4.2m | 128,217 | – | new | |
| 42 | STIP ISHARES TR | 0.5% | $4.1m | 39,174 | 19% | added | |
| 43 | EPP ISHARES INC | 0.5% | $3.9m | 79,459 | -0% | held | |
| 44 | LQD ISHARES TR | 0.5% | $3.7m | 33,833 | 5% | added | |
| 45 | WTRG ESSENTIAL UTILS INC | Utilities | 0.5% | $3.7m | 99,486 | – | new |
| 46 | PEG PUBLIC SVC ENTERPRISE GRP IN | Utilities | 0.5% | $3.6m | 43,278 | – | new |
| 47 | VNQ VANGUARD INDEX FDS | 0.5% | $3.6m | 40,851 | 2% | added | |
| 48 | IWM ISHARES TR | 0.5% | $3.4m | 15,853 | – | new | |
| 49 | DIA SPDR DOW JONES INDL AVERAGE | 0.4% | $3.2m | 7,948 | -9% | reduced | |
| 50 | VTEB VANGUARD MUN BD FDS | 0.4% | $2.9m | 59,120 | 10% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.