SPX Gestao de Recursos Ltda
CIK:0001589176
Asset Manager
$777M AUM
117 holdings
Rio de Janeiro, RJ, Brazil
SPX Gestão de Recursos Ltda. (SPX Capital) is a major Brazilian asset management firm headquartered in Rio de Janeiro, specializing in global macro strategies but also active in traditional and alternative investments, including equities and private equity. It is one of the largest independent fund managers in Brazil and has expanded internationally.
Investment Strategy
Global macro (emphasis on fundamental analysis), multi-asset, equities, and private equity; the firm is known for diversified investment strategies across traditional and alternative asset classes.
Top Buys
C
CEGCONSTELLATION ENERGY CORP+$43.6M
V
VSTVISTRA CORP+$41.7M
P
PBRPETROLEO BRASILEIRO ADR+$40.6M
I
IJRISHARES CORE S&P SMALL-CAP ETF+$38.5M
M
METAMETA PLATFORMS INC+$36.6M
Top Sells
M
MDYSPDR S&P MIDCAP 400 ETF-$46.3M
P
PAGSPAGSEGURO DIGITAL LTD-CL A-$31.6M
X
XPXP INC - CLASS A-$28.7M
V
VALEVALE SA SP ADR-$27.2M
A
AGROADECOAGRO SA-$13.7M
Top Holdings
I
IJRISHARES CORE S&P SMALL-CAP ETF+8.0%$86.1M
V
VSTVISTRA CORP+6.3%$68.0M
P
PBRPETROLEO BRASILEIRO ADR+5.8%$62.4M
T
TLNTALEN ENERGY CORP+4.6%$49.6M
C
CPACOPA HOLDINGS SA+4.5%$47.8M
Equity Positions (92)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IJR | ISHARES CORE S&P SMALL-CAP ETF | 8.03% | $86.1M | 787,565 | $112.71 | $109.29 | +$38.5M |
V VST | VISTRA CORP | 6.35% | $68.0M | 351,000 | $148.13 | $193.81 | +$41.7M |
P PBR | PETROLEO BRASILEIRO ADR | 5.82% | $62.4M | 4,990,500 | $12.77 | $12.51 | +$40.6M |
T TLN | TALEN ENERGY CORP | 4.63% | $49.6M | 170,700 | $232.15 | $290.77 | +$30.0M |
C CPA | COPA HOLDINGS SA | 4.45% | $47.8M | 434,244 | $100.40 | $109.97 | +$6.4M |
Industry Allocation
ELECTRIC SERVICES
+17.1%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+9.3%
CRUDE PETROLEUM & NATURAL GAS
+7.7%
COMMERCIAL BANKS, NEC
+6.8%
METAL MINING
+5.0%