Q4 2024 · 13F-HR
BW Gestao de Investimentos Ltda.holdings as filed
Filed 2025-02-14 · accession 0001568280-25-000001
$3.14B
Reported value
129
Positions
2024-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287200 | IVV | ISHARES TR | $1.28B | 40.7% | 2,171,290 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $249.1M | 7.94% | 425,000 | PUT | SOLE |
| 464287655 | IWM | ISHARES TR | $198.9M | 6.34% | 900,000 | PUT | SOLE |
| 464286400 | EWZ | ISHARES INC | $150.8M | 4.81% | 6,697,800 | CALL | SOLE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $126.1M | 4.02% | 221,400 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $61.3M | 1.96% | 120,000 | PUT | SOLE |
| 88033G407 | THC | TENET HEALTHCARE CORP | $55.6M | 1.77% | 440,218 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $52.6M | 1.68% | 300,000 | CALL | SOLE |
| 464286400 | EWZ | ISHARES INC | $40.9M | 1.30% | 1,817,800 | PUT | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $38.9M | 1.24% | 431,685 | Common | SOLE |
| 594972408 | MSTR | MICROSTRATEGY INC | $33.3M | 1.06% | 115,000 | PUT | SOLE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $32.5M | 1.04% | 236,292 | Common | SOLE |
| 464288752 | ITB | ISHARES TR | $31.0M | 0.99% | 300,000 | PUT | SOLE |
| 88033G407 | THC | TENET HEALTHCARE CORP | $29.0M | 0.93% | 230,000 | CALL | SOLE |
| G97822103 | PRGO | PERRIGO CO PLC | $28.2M | 0.90% | 1,097,192 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $26.7M | 0.85% | 279,045 | Common | SOLE |
| L44385109 | GLOB | GLOBANT S A | $25.3M | 0.81% | 118,100 | Common | SOLE |
| 464288513 | HYG | ISHARES TR | $23.6M | 0.75% | 300,000 | PUT | SOLE |
| M2029K104 | BIRK | BIRKENSTOCK HOLDING PLC | $22.8M | 0.73% | 401,734 | Common | SOLE |
| G1890L107 | CPRI | CAPRI HOLDINGS LIMITED | $21.1M | 0.67% | 1,000,000 | CALL | SOLE |
| 464287655 | IWM | ISHARES TR | $21.0M | 0.67% | 95,000 | CALL | SOLE |
| 01626W101 | ALIT | ALIGHT INC | $19.6M | 0.62% | 2,829,638 | Common | SOLE |
| 69374H857 | CALF | PACER FDS TR | $18.2M | 0.58% | 414,266 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $17.8M | 0.57% | 42,252 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $17.6M | 0.56% | 30,000 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $17.5M | 0.56% | 100,000 | PUT | SOLE |
| 464286400 | EWZ | ISHARES INC | $17.1M | 0.55% | 760,000 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $17.0M | 0.54% | 300,000 | PUT | SOLE |
| G21810109 | CLVT | CLARIVATE PLC | $16.6M | 0.53% | 3,273,175 | Common | SOLE |
| G21307106 | CINT | CI&T INC | $16.4M | 0.52% | 2,699,741 | Common | SOLE |
| 278865100 | ECL | ECOLAB INC | $15.9M | 0.51% | 67,855 | Common | SOLE |
| G85158106 | STNE | STONECO LTD | $14.7M | 0.47% | 1,849,325 | Common | SOLE |
| 67059N108 | NTNX | NUTANIX INC | $14.4M | 0.46% | 236,071 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $13.3M | 0.42% | 22,738 | Common | SOLE |
| 826599102 | SGML | SIGMA LITHIUM CORPORATION | $13.0M | 0.42% | 1,161,300 | CALL | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $13.0M | 0.41% | 59,119 | Common | SOLE |
| 227046109 | CROX | CROCS INC | $12.8M | 0.41% | 116,593 | Common | SOLE |
| 227046109 | CROX | CROCS INC | $11.0M | 0.35% | 100,000 | CALL | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $9.4M | 0.30% | 54,921 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $8.2M | 0.26% | 60,800 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $8.1M | 0.26% | 180,000 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $8.1M | 0.26% | 20,000 | PUT | SOLE |
| 382550101 | GT | GOODYEAR TIRE & RUBR CO | $8.0M | 0.26% | 893,370 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $7.9M | 0.25% | 66,000 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $7.8M | 0.25% | 234,096 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $7.5M | 0.24% | 200,000 | PUT | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $7.4M | 0.24% | 75,010 | Common | SOLE |
| 382550101 | GT | GOODYEAR TIRE & RUBR CO | $7.2M | 0.23% | 800,000 | CALL | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $7.1M | 0.23% | 68,285 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $6.7M | 0.21% | 113,268 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $6.6M | 0.21% | 32,756 | Common | SOLE |
| 39525U107 | GFR | GREENFIRE RES LTD NEW | $6.6M | 0.21% | 930,592 | Common | SOLE |
| 783549108 | R | RYDER SYS INC | $6.5M | 0.21% | 41,445 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $6.3M | 0.20% | 37,982 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $6.2M | 0.20% | 51,800 | Common | SOLE |
| 03831W108 | APP | APPLOVIN CORP | $6.2M | 0.20% | 19,000 | Common | SOLE |
| 012653101 | ALB | ALBEMARLE CORP | $6.1M | 0.19% | 70,530 | Common | SOLE |
| 055622104 | BP | BP PLC | $5.9M | 0.19% | 200,000 | Common | SOLE |
| 26856L103 | ELF | E L F BEAUTY INC | $5.7M | 0.18% | 45,316 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $5.6M | 0.18% | 60,742 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $5.3M | 0.17% | 22,801 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $5.2M | 0.17% | 113,366 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $5.0M | 0.16% | 45,600 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $4.5M | 0.14% | 45,332 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $4.4M | 0.14% | 10,000 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $4.2M | 0.13% | 70,000 | Common | SOLE |
| 988498101 | YUM | YUM BRANDS INC | $4.2M | 0.13% | 31,400 | Common | SOLE |
| 443201108 | HWM | HOWMET AEROSPACE INC | $4.1M | 0.13% | 37,840 | Common | SOLE |
| 90384S303 | ULTA | ULTA BEAUTY INC | $4.1M | 0.13% | 9,500 | Common | SOLE |
| G11448100 | BTDR | BITDEER TECHNOLOGIES GROUP | $4.1M | 0.13% | 188,692 | Common | SOLE |
| 094235108 | BLMN | BLOOMIN BRANDS INC | $4.1M | 0.13% | 332,060 | Common | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $4.0M | 0.13% | 7,578 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $3.9M | 0.12% | 15,128 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC | $3.8M | 0.12% | 9,472 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $3.7M | 0.12% | 22,800 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $3.7M | 0.12% | 5,750 | Common | SOLE |
| 364760108 | GAP | GAP INC | $3.6M | 0.11% | 151,713 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $3.5M | 0.11% | 20,166 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS INC | $3.4M | 0.11% | 30,400 | Common | SOLE |
| L02235106 | AMBP | ARDAGH METAL PACKAGING S A | $3.3M | 0.11% | 1,097,120 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $3.1M | 0.10% | 55,000 | Common | SOLE |
| 767292105 | RIOT | RIOT PLATFORMS INC | $3.1M | 0.10% | 301,786 | Common | SOLE |
| 912008109 | USFD | US FOODS HLDG CORP | $3.1M | 0.10% | 45,600 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $3.1M | 0.10% | 16,245 | Common | SOLE |
| 72703H101 | PLNT | PLANET FITNESS INC | $3.0M | 0.09% | 30,000 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $2.9M | 0.09% | 3,800 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $2.9M | 0.09% | 38,000 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $2.8M | 0.09% | 69,010 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $2.8M | 0.09% | 8,164 | Common | SOLE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $2.7M | 0.09% | 30,250 | Common | SOLE |
| 872590104 | TMUS | T-MOBILE US INC | $2.5M | 0.08% | 11,278 | Common | SOLE |
| 42824C109 | HPE | HEWLETT PACKARD ENTERPRISE C | $2.4M | 0.08% | 113,366 | Common | SOLE |
| 144285103 | CRS | CARPENTER TECHNOLOGY CORP | $2.4M | 0.08% | 14,000 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $2.4M | 0.07% | 39,000 | Common | SOLE |
| 67000B104 | NOVT | NOVANTA INC | $2.3M | 0.07% | 15,164 | Common | SOLE |
| 01741R102 | ATI | ATI INC | $2.3M | 0.07% | 42,000 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $2.3M | 0.07% | 30,342 | Common | SOLE |
| 02376R102 | AAL | AMERICAN AIRLS GROUP INC | $2.2M | 0.07% | 127,500 | Common | SOLE |
| G1890L107 | CPRI | CAPRI HOLDINGS LIMITED | $2.2M | 0.07% | 102,420 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $2.1M | 0.07% | 133,000 | Common | SOLE |
| 25754A201 | DPZ | DOMINOS PIZZA INC | $2.1M | 0.07% | 4,905 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $2.0M | 0.06% | 20,000 | Common | SOLE |
| 916896103 | UEC | URANIUM ENERGY CORP | $2.0M | 0.06% | 300,000 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $2.0M | 0.06% | 7,966 | Common | SOLE |
| 69351T106 | PPL | PPL CORP | $1.9M | 0.06% | 57,000 | Common | SOLE |
| 817565104 | SCI | SERVICE CORP INTL | $1.8M | 0.06% | 22,300 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $1.7M | 0.05% | 6,965 | Common | SOLE |
| 22822V101 | CCI | CROWN CASTLE INC | $1.7M | 0.05% | 18,878 | Common | SOLE |
| 844741108 | LUV | SOUTHWEST AIRLS CO | $1.6M | 0.05% | 48,500 | Common | SOLE |
| 92837L109 | VIST | VISTA ENERGY S.A.B. DE C.V. | $1.6M | 0.05% | 30,132 | Common | SOLE |
| 98389B100 | XEL | XCEL ENERGY INC | $1.5M | 0.05% | 22,748 | Common | SOLE |
| 626755102 | MUSA | MURPHY USA INC | $1.4M | 0.04% | 2,800 | Common | SOLE |
| 65473P105 | NI | NISOURCE INC | $1.4M | 0.04% | 37,922 | Common | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $1.3M | 0.04% | 37,999 | Common | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $1.3M | 0.04% | 10,000 | Common | SOLE |
| 247361702 | DAL | DELTA AIR LINES INC DEL | $1.3M | 0.04% | 20,700 | Common | SOLE |
| 95058W100 | WEN | WENDYS CO | $1.1M | 0.04% | 69,000 | Common | SOLE |
| 093671105 | HRB | BLOCK H & R INC | $1.1M | 0.03% | 20,100 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $990,000 | 0.03% | 150,000 | PUT | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $742,009 | 0.02% | 75,561 | Common | SOLE |
| 75281A109 | RRC | RANGE RES CORP | $683,584 | 0.02% | 18,999 | Common | SOLE |
| 816851109 | SRE | SEMPRA | $665,093 | 0.02% | 7,582 | Common | SOLE |
| 974155103 | WING | WINGSTOP INC | $545,096 | 0.02% | 1,918 | Common | SOLE |
| 89346D107 | TAC | TRANSALTA CORP | $537,417 | 0.02% | 37,980 | Common | SOLE |
| 576690101 | MTRN | MATERION CORP | $494,400 | 0.02% | 5,000 | Common | SOLE |
| 422704106 | HL | HECLA MNG CO | $491,000 | 0.02% | 100,000 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $376,791 | 0.01% | 7,332 | Common | SOLE |
| G9470A102 | VTEX | VTEX | $313,937 | 0.01% | 53,300 | Common | SOLE |
| 88080T104 | WULF | TERAWULF INC | $212,805 | 0.01% | 37,598 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.