MondegarAI
BTG Pactual Asset Management US LLC

Q3 2025 · 13F-HR

BTG Pactual Asset Management US LLCholdings as filed

Filed 2025-11-13 · accession 0001569579-25-000003

$2.13B
Reported value
248
Positions
2025-09-30
Period end
View analyzed profile →PRO

The Brief · BTG Pactual Asset Management US LLC · Q3 2025

AI · grounded in 13F

BTG Pactual Asset Management US LLC established a new position in SPY valued at $1.29B. The fund also initiated new stakes in IWF for $87.4M and MGK for $34.4M. Additional new positions include HUT at $33.9M, IREN at $32.4M, and CIFR at $30.2M.

Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
78462F103SPYSPDR S&P 500 ETF TR$1.09B51.3%1,642,700CALLSOLE
78462F103SPYSPDR S&P 500 ETF TR$151.4M7.10%227,300CommonSOLE
464287614IWFISHARES TR$87.4M4.10%205,824CommonSOLE
78462F103SPYSPDR S&P 500 ETF TR$49.0M2.30%73,500PUTSOLE
921910816MGKVANGUARD WORLD FD$34.4M1.61%94,048CommonSOLE
44812J104HUTHUT 8 CORP$33.9M1.59%975,000CALLSOLE
Q4982L109IRENIREN LIMITED$32.4M1.52%690,000CALLSOLE
17253J106CIFRCIPHER MINING INC$30.2M1.42%2,400,000CALLSOLE
921910840MGVVANGUARD WORLD FD$26.7M1.25%203,346CommonSOLE
67066G104NVDANVIDIA CORPORATION$24.8M1.16%132,797CommonSOLE
922042874VGKVANGUARD INTL EQUITY INDEX F$23.6M1.11%304,732CommonSOLE
02079K107GOOGALPHABET INC$22.0M1.03%90,300CommonSOLE
46625H100JPMJPMORGAN CHASE & CO.$20.0M0.94%63,337CommonSOLE
023135106AMZNAMAZON COM INC$19.6M0.92%89,243CommonSOLE
594918104MSFTMICROSOFT CORP$18.2M0.85%35,069CommonSOLE
78463V107GLDSPDR GOLD TR$16.8M0.79%47,138CommonSOLE
084670702BRK/BBERKSHIRE HATHAWAY INC DEL$14.4M0.67%29,622CommonSOLE
81369Y209XLVSELECT SECTOR SPDR TR$13.7M0.64%101,570CommonSOLE
922908629VOVANGUARD INDEX FDS$12.3M0.58%43,839CommonSOLE
30303M102METAMETA PLATFORMS INC$12.2M0.57%16,565CommonSOLE
81762P102NOWSERVICENOW INC$11.9M0.56%12,933CommonSOLE
037833100AAPLAPPLE INC$10.6M0.50%41,500CALLSOLE
037833100AAPLAPPLE INC$10.6M0.50%41,500PUTSOLE
922042858VWOVANGUARD INTL EQUITY INDEX F$10.2M0.48%206,870CommonSOLE
26441C204DUKDUKE ENERGY CORP NEW$10.2M0.48%82,176CommonSOLE
46434G822EWJISHARES INC$9.3M0.44%117,776CommonSOLE
M2682V108CYBRCYBERARK SOFTWARE LTD$8.9M0.42%18,437CommonSOLE
92826C839VVISA INC$8.6M0.40%25,225CommonSOLE
018802108LNTALLIANT ENERGY CORP$8.2M0.38%121,268CommonSOLE
023608102AEEAMEREN CORP$8.2M0.38%78,295CommonSOLE
21037T109CEGCONSTELLATION ENERGY CORP$8.0M0.38%24,457CommonSOLE
36828A101GEVGE VERNOVA INC$7.8M0.36%12,641CommonSOLE
92840M102VSTVISTRA CORP$7.8M0.36%39,566CommonSOLE
874039100TSMTAIWAN SEMICONDUCTOR MFG LTD$7.7M0.36%27,392CommonSOLE
30161N101EXCEXELON CORP$7.2M0.34%160,007CommonSOLE
670837103OGEOGE ENERGY CORP$7.1M0.33%154,410CommonSOLE
922908751VBVANGUARD INDEX FDS$6.9M0.32%29,252CommonSOLE
500688AH9KOS 3.125 03/15/30KOSMOS ENERGY LTD$6.8M0.32%10,705,000CommonSOLE
487836108KKELLANOVA$6.8M0.32%82,811CommonSOLE
98389B100XELXCEL ENERGY INC$6.7M0.32%83,462CommonSOLE
911363109URIUNITED RENTALS INC$6.6M0.31%6,930CommonSOLE
487836108KKELLANOVA$6.6M0.31%80,000PUTSOLE
500767306KWEBKRANESHARES TRUST$6.3M0.30%150,000CALLSOLE
92204A702VGTVANGUARD WORLD FD$6.2M0.29%9,421CommonSOLE
723484101PNWPINNACLE WEST CAP CORP$6.2M0.29%69,322CommonSOLE
92204A405VFHVANGUARD WORLD FD$5.9M0.27%46,079CommonSOLE
464287655IWMISHARES TR$5.8M0.27%24,000CALLSOLE
22788C105CRWDCROWDSTRIKE HLDGS INC$5.7M0.27%11,388CommonSOLE
15189T107CNPCENTERPOINT ENERGY INC$5.6M0.26%143,619CommonSOLE
025537101AEPAMERICAN ELEC PWR CO INC$5.6M0.26%49,334CommonSOLE
00287Y109ABBVABBVIE INC$5.5M0.26%23,662CommonSOLE
37954Y293MLPXGLOBAL X FDS$5.4M0.26%86,878CommonSOLE
464287242LQDISHARES TR$5.4M0.25%49,372CommonSOLE
35909D109FYBRFRONTIER COMMUNICATIONS PARE$5.4M0.25%144,348CommonSOLE
92204A504VHTVANGUARD WORLD FD$5.3M0.25%21,361CommonSOLE
46429B747STIPISHARES TR$4.8M0.22%46,391CommonSOLE
532457108LLYELI LILLY & CO$4.6M0.22%6,034CommonSOLE
464286665EPPISHARES INC$4.1M0.19%82,961CommonSOLE
922907746VTEBVANGUARD MUN BD FDS$3.9M0.18%78,706CommonSOLE
030420103AWKAMERICAN WTR WKS CO INC NEW$3.5M0.16%25,265CommonSOLE
922908553VNQVANGUARD INDEX FDS$3.5M0.16%39,163CommonSOLE
00162Q452AMLPALPS ETF TR$3.3M0.15%67,040CommonSOLE
G4701H109IHSIHS HOLDING LIMITED$3.2M0.15%464,505CommonSOLE
863667101SYKSTRYKER CORPORATION$2.9M0.14%7,781CommonSOLE
49456B101KMIKINDER MORGAN INC DEL$2.7M0.13%95,896CommonSOLE
72201R866MUNIPIMCO ETF TR$2.6M0.12%50,877CommonSOLE
65339F101NEENEXTERA ENERGY INC$2.6M0.12%34,432CommonSOLE
816851109SRESEMPRA$2.5M0.12%28,143CommonSOLE
40412C101HCAHCA HEALTHCARE INC$2.5M0.12%7,140CommonSOLE
L6388F110TIGOMILLICOM INTL CELLULAR S A$2.4M0.11%63,937CommonSOLE
682680103OKEONEOK INC NEW$2.2M0.10%30,478CommonSOLE
337932107FEFIRSTENERGY CORP$2.2M0.10%48,336CommonSOLE
N4732M103JBSJBS N.V.$2.2M0.10%145,953CommonSOLE
G7709Q104RPRXROYALTY PHARMA PLC$2.2M0.10%61,131CommonSOLE
063671101BMOBANK MONTREAL QUE$2.1M0.10%16,220CommonSOLE
092113109BKHBLACK HILLS CORP$2.1M0.10%34,012CommonSOLE
464287556IBBISHARES TR$2.1M0.10%16,554CommonSOLE
30040W108ESEVERSOURCE ENERGY$2.0M0.09%28,414CommonSOLE
33738D101EMLPFIRST TR EXCHANGE-TRADED FD$2.0M0.09%52,035CommonSOLE
46434G772EWTISHARES INC$1.8M0.09%29,000CALLSOLE
46434G772EWTISHARES INC$1.8M0.09%29,000PUTSOLE
101137107BSXBOSTON SCIENTIFIC CORP$1.8M0.09%18,630CommonSOLE
46435U853USHYISHARES TR$1.8M0.08%47,757CommonSOLE
867224107SUSUNCOR ENERGY INC NEW$1.7M0.08%39,773CommonSOLE
922908769VTIVANGUARD INDEX FDS$1.6M0.08%5,279CommonSOLE
29670G102WTRGESSENTIAL UTILS INC$1.6M0.08%40,112CommonSOLE
46641Q647JMUBJ P MORGAN EXCHANGE TRADED F$1.5M0.07%31,053CommonSOLE
78464A870XBISPDR SERIES TRUST$1.3M0.06%15,790CommonSOLE
848574109S9QSPIRIT AEROSYSTEMS HLDGS INC$1.3M0.06%32,400CommonSOLE
G85158106STNESTONECO LTD$1.2M0.06%65,792CommonSOLE
11135F101AVGOBROADCOM INC$1.2M0.06%3,723CommonSOLE
718546104PSXPHILLIPS 66$1.2M0.06%9,011CommonSOLE
921908844VIGVANGUARD SPECIALIZED FUNDS$1.2M0.06%5,985CommonSOLE
01609W102BABAALIBABA GROUP HLDG LTD$1.2M0.06%6,710CommonSOLE
G3643J108FLUTFLUTTER ENTMT PLC$1.2M0.06%4,174CommonSOLE
500767306KWEBKRANESHARES TRUST$1.2M0.05%27,762CommonSOLE
30231G102XOMEXXON MOBIL CORP$1.1M0.05%10,023CommonSOLE
03674X106ARANTERO RESOURCES CORP$1.1M0.05%33,375CommonSOLE
363576109AJGGALLAGHER ARTHUR J & CO$1.1M0.05%3,444CommonSOLE
037833100AAPLAPPLE INC$1.1M0.05%4,153CommonSOLE
65473P105NINISOURCE INC$1.0M0.05%23,650CommonSOLE
26614N102DDDUPONT DE NEMOURS INC$1.0M0.05%13,086CommonSOLE
431284108HIWHIGHWOODS PPTYS INC$979,1230.05%30,164CommonSOLE
37950E259ARGTGLOBAL X FDS$941,7600.04%13,500CALLSOLE
922908744VTVVANGUARD INDEX FDS$922,7600.04%5,221CommonSOLE
25460E232TZADIREXION SHS ETF TR$882,1800.04%29,000CommonSOLE
35671D857FCXFREEPORT-MCMORAN INC$871,9780.04%22,233CommonSOLE
38141G104GSGOLDMAN SACHS GROUP INC$840,9460.04%1,056CommonSOLE
78464A888XHBSPDR SERIES TRUST$813,4940.04%7,342CommonSOLE
464288257ACWIISHARES TR$795,9250.04%5,930CommonSOLE
92204A884VOXVANGUARD WORLD FD$793,0660.04%4,637CommonSOLE
369604301GEGE AEROSPACE$771,9040.04%2,566CommonSOLE
Y8162K204SBLKSTAR BULK CARRIERS CORP.$767,8790.04%41,306CommonSOLE
23345M107DTMDT MIDSTREAM INC$767,5640.04%6,789CommonSOLE
89346D107TACTRANSALTA CORP$703,0100.03%51,478CommonSOLE
46434G103IEMGISHARES INC$680,1400.03%11,330CommonSOLE
464287655IWMISHARES TR$672,6490.03%2,780CommonSOLE
464288513HYGISHARES TR$660,6040.03%8,191CommonSOLE
26884L109EQTEQT CORP$653,1600.03%12,000CALLSOLE
922040845VBILVANGUARD INSTL INDEX FD$649,1550.03%8,585CommonSOLE
174610105CFGCITIZENS FINL GROUP INC$616,8150.03%11,603CommonSOLE
92837L109VISTVISTA ENERGY S.A.B. DE C.V.$604,0980.03%17,561CommonSOLE
03831W108APPAPPLOVIN CORP$599,9810.03%835CommonSOLE
464287200IVVISHARES TR$595,4430.03%959CommonSOLE
46438F101IBITISHARES BITCOIN TRUST ETF$591,8250.03%9,105CommonSOLE
89832Q109TFCTRUIST FINL CORP$586,8160.03%12,835CommonSOLE
55261F104MTBM & T BK CORP$584,1650.03%2,956CommonSOLE
446150104HBANHUNTINGTON BANCSHARES INC$581,0320.03%33,644CommonSOLE
78468R853SPSMSPDR SERIES TRUST$580,2550.03%14,746CommonSOLE
7591EP100RFREGIONS FINANCIAL CORP NEW$574,4440.03%21,784CommonSOLE
74255Y888PREFPRINCIPAL EXCHANGE TRADED FD$571,6800.03%30,136CommonSOLE
02079K305GOOGLALPHABET INC$561,0750.03%2,308CommonSOLE
172967424CCITIGROUP INC$518,5640.02%5,109CommonSOLE
064058100BKBANK NEW YORK MELLON CORP$495,5500.02%4,548CommonSOLE
81369Y605XLFSELECT SECTOR SPDR TR$455,6320.02%8,458CommonSOLE
868873100SU6SURMODICS INC$446,6760.02%14,944CommonSOLE
437076102HDHOME DEPOT INC$431,0820.02%1,058CommonSOLE
92537N108VRTVERTIV HOLDINGS CO$430,7050.02%2,855CommonSOLE
949746101WMT2WELLS FARGO CO NEW$408,3710.02%4,872CommonSOLE
09254C107BLACKROCK MUNIHOLDINGS QUALI$390,4520.02%40,757CommonSOLE
90353T100UBERUBER TECHNOLOGIES INC$374,7350.02%3,825CommonSOLE
88160R101TSLATESLA INC$362,8920.02%816CommonSOLE
674599105OXYOCCIDENTAL PETE CORP$355,7930.02%7,530CommonSOLE
464287390ILFISHARES TR$343,5890.02%11,893CommonSOLE
464288646IGSBISHARES TR$338,0330.02%6,407CommonSOLE
92189F676SMHVANECK ETF TRUST$326,6860.02%1,001CommonSOLE
464288638IGIBISHARES TR$316,6490.01%5,942CommonSOLE
464288182AAXJISHARES TR$311,0640.01%3,765CommonSOLE
46654Q559JFLXJ P MORGAN EXCHANGE TRADED F$309,5250.01%6,164CommonSOLE
57636Q104MAMASTERCARD INCORPORATED$304,3130.01%535CommonSOLE
204429104CCUCOMPANIA CERVECERIAS UNIDAS$298,1030.01%23,073CommonSOLE
00206R102TAT&T INC$297,6210.01%10,539CommonSOLE
92556V106VTRSVIATRIS INC$296,7030.01%29,970CommonSOLE
09249W101BLWBLACKROCK LTD DURATION INCOM$291,7960.01%20,578CommonSOLE
02319V103ABEVAMBEV SA$285,5180.01%118,472CommonSOLE
002824100ABTABBOTT LABS$274,9790.01%2,053CommonSOLE
25461A494TECSDIREXION SHS ETF TR$274,6280.01%14,200CommonSOLE
65340G205NXDTNEXPOINT DIVERSIFIED REL ET$267,1840.01%63,767CommonSOLE
921909768VXUSVANGUARD STAR FDS$265,9270.01%3,849CommonSOLE
48251W104KKRKKR & CO INC$262,4990.01%2,020CommonSOLE
74347G192PROSHARES TR$260,3180.01%14,600CommonSOLE
29444U700EQIXEQUINIX INC$257,5160.01%328CommonSOLE
92189F353HYEMVANECK ETF TRUST$254,1120.01%12,821CommonSOLE
72201R775BONDPIMCO ETF TR$251,5590.01%2,729CommonSOLE
717081103PFEPFIZER INC$250,0110.01%10,314CommonSOLE
92343V104VZVERIZON COMMUNICATIONS INC$249,1090.01%5,668CommonSOLE
75513E101RTXRTX CORPORATION$247,3140.01%1,478CommonSOLE
09257R101BGBBLACKSTONE STRATEGIC CRED 20$245,4420.01%20,251CommonSOLE
464287184FXIISHARES TR$233,1400.01%5,667CommonSOLE
46138E362SPHDINVESCO EXCH TRADED FD TR II$231,9500.01%4,877CommonSOLE
464286392URTHISHARES INC$225,1750.01%1,470CommonSOLE
464287168DVYISHARES TR$222,0580.01%1,672CommonSOLE
922042742VTVANGUARD INTL EQUITY INDEX F$220,6690.01%1,717CommonSOLE
78467Y107MDYSPDR S&P MIDCAP 400 ETF TR$218,7270.01%410CommonSOLE
M3760D101ESLTELBIT SYS LTD$208,0990.01%410CommonSOLE
82509L107SHOPSHOPIFY INC$203,8930.01%1,372CommonSOLE
23918K108DVADAVITA INC$202,5640.01%1,422CommonSOLE
21036P108STZCONSTELLATION BRANDS INC$202,4860.01%1,087CommonSOLE
464287762IYHISHARES TR$199,3740.01%3,530CommonSOLE
46429B663HDVISHARES TR$195,9080.01%1,672CommonSOLE
46641Q332JEPIJ P MORGAN EXCHANGE TRADED F$185,2740.01%3,259CommonSOLE
G6683N103NUNU HLDGS LTD$183,3950.01%11,455CommonSOLE
858155203GJBSTEELCASE INC$172,0000.01%10,000CommonSOLE
G8726T105TKTEEKAY CORPORATION LTD$168,5480.01%20,430CommonSOLE
46429B697USMVISHARES TR$165,2110.01%1,760CommonSOLE
25460G112V32SDIREXION SHS ETF TR$164,9230.01%31,900CommonSOLE
464286772EWYISHARES INC$164,4480.01%2,291CommonSOLE
92204A108VCRVANGUARD WORLD FD$159,4210.01%440CommonSOLE
78468R622JNKSPDR SERIES TRUST$159,1340.01%1,636CommonSOLE
826599102SGMLSIGMA LITHIUM CORPORATION$153,4240.01%11,150CommonSOLE
N82405106STLASTELLANTIS N.V$138,4040.01%14,995CommonSOLE
464287788IYFISHARES TR$134,0570.01%1,108CommonSOLE
464288687PFFISHARES TR$129,5620.01%4,223CommonSOLE
03784Y200APLEAPPLE HOSPITALITY REIT INC$126,2850.01%10,515CommonSOLE
46138G508BKLNINVESCO EXCH TRADED FD TR II$122,8000.01%5,870CommonSOLE
464287622IWBISHARES TR$119,8680.01%353CommonSOLE
922908363VOOVANGUARD INDEX FDS$119,8540.01%211CommonSOLE
92204A306VDEVANGUARD WORLD FD$115,1890.01%967CommonSOLE
78464A755XMESPDR SERIES TRUST$114,1580.01%1,225CommonSOLE
95058W100WENWENDYS CO$113,3090.01%12,370CommonSOLE
26923G806UTESETFIS SER TR I$111,2260.01%1,333CommonSOLE
81369Y886XLUSELECT SECTOR SPDR TR$110,1460.01%1,263CommonSOLE
40053W101AVALGRUPO AVAL ACCIONES Y VALORE$98,7630.00%35,147CommonSOLE
25460E190SPXSDIREXION SHS ETF TR$92,8850.00%5,780CommonSOLE
879382208TELFYTELEFONICA S A$91,0230.00%17,404CommonSOLE
46432F339QUALISHARES TR$89,9470.00%492CommonSOLE
26923G822PFFAETFIS SER TR I$86,1530.00%4,136CommonSOLE
81369Y704XLISELECT SECTOR SPDR TR$86,0600.00%558CommonSOLE
55273C107MINMFS INTER INCOME TR$77,5470.00%28,615CommonSOLE
81369Y803XLKSELECT SECTOR SPDR TR$75,1640.00%282CommonSOLE
01626W101ALITALIGHT INC$65,6560.00%20,140CommonSOLE
464287861IEVISHARES TR$62,4910.00%988CommonSOLE
003057106ACPABRDN INCOME CREDIT STRATEGI$61,1240.00%10,360CommonSOLE
81369Y407XLYSELECT SECTOR SPDR TR$57,0340.00%238CommonSOLE
98421M106XRXXEROX HOLDINGS CORP$47,7260.00%12,693CommonSOLE
26923G772AMZAETFIS SER TR I$45,2980.00%1,045CommonSOLE
464286251CEMBISHARES INC$43,7230.00%991CommonSOLE
922042866VPLVANGUARD INTL EQUITY INDEX F$39,5290.00%481CommonSOLE
00162Q676ENFRALPS ETF TR$32,5300.00%1,009CommonSOLE
464287234EEMISHARES TR$30,4910.00%571CommonSOLE
46429B267GOVTISHARES TR$26,9870.00%1,180CommonSOLE
46435U135IHAKISHARES TR$26,6050.00%500CommonSOLE
464287341IXCISHARES TR$19,2130.00%489CommonSOLE
81369Y100XLBSELECT SECTOR SPDR TR$18,0010.00%205CommonSOLE
81369Y860XLRESELECT SECTOR SPDR TR$14,6210.00%353CommonSOLE
464287382JPXNISHARES TR$13,2990.00%166CommonSOLE
464286608EZUISHARES INC$12,6630.00%213CommonSOLE
464287804IJRISHARES TR$11,8030.00%108CommonSOLE
922908652VXFVANGUARD INDEX FDS$10,4060.00%54CommonSOLE
464287465EFAISHARES TR$9,8330.00%110CommonSOLE
464286749EWLISHARES INC$9,6470.00%176CommonSOLE
92189F106GDXVANECK ETF TRUST$9,5410.00%126CommonSOLE
46654Q203JEPQJ P MORGAN EXCHANGE TRADED F$9,3570.00%172CommonSOLE
78464A797KBESPDR SERIES TRUST$7,1370.00%128CommonSOLE
464287457SHYISHARES TR$6,9830.00%85CommonSOLE
464287507IJHISHARES TR$6,5120.00%105CommonSOLE
46432F396MTUMISHARES TR$5,9120.00%24CommonSOLE
46641Q233BBAXJ P MORGAN EXCHANGE TRADED F$5,8860.00%108CommonSOLE
464288836IHEISHARES TR$5,7020.00%87CommonSOLE
464287705IJJISHARES TR$4,9430.00%40CommonSOLE
464287499IWRISHARES TR$4,5070.00%49CommonSOLE
37954Y871URAGLOBAL X FDS$3,5750.00%75CommonSOLE
46429B671MCHIISHARES TR$3,1960.00%58CommonSOLE
922908512VOEVANGUARD INDEX FDS$2,4670.00%15CommonSOLE
464287481IWPISHARES TR$1,5250.00%11CommonSOLE
46429B689EFAVISHARES TR$1,0090.00%12CommonSOLE
46138G706TANINVESCO EXCH TRADED FD TR II$6510.00%19CommonSOLE
Q4982L109IRENIREN LIMITED$1410.00%3CommonSOLE

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.