Itau Unibanco Holding S.A.
Itaú Unibanco Holding S.A. is the largest banking institution in Brazil and is also the largest bank in Latin America by assets. Headquartered in São Paulo, it is a Brazilian financial services holding company that offers commercial banking, investment banking, real estate lending, loans, asset management, and other financial services to both individuals and corporations. The company was formed in 2008 through the merger of Banco Itaú and Unibanco, inheriting a legacy of over 100 years. Itaú Unibanco operates in numerous countries and employs thousands, with over 55 million customers globally.
Investment Strategy
Itaú Unibanco adopts a universal banking model, operating through retail banking, wholesale banking, and corporate market activities. The firm focuses on providing a broad range of financial services—including loans, investments, and asset management—for individuals, small businesses, and large corporations. Its strategy leverages innovation, digital transformation, international expansion, and risk management frameworks such as Basel III standards. The bank emphasizes building long-term client relationships, diversification of services, geographic reach beyond Brazil, and integration of technology and sustainable financial solutions.
Research Analysts
Top Holdings
Equity Positions (362)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 11.96% | $316.5M | 512,201 | $535.84 | $617.85 | +$67.0M |
V VOO | VANGUARD INDEX FDS | 7.66% | $202.6M | 356,717 | $506.44 | $568.03 | +$330.0K |
B BBD | BANCO BRADESCO S A | 4.11% | $108.8M | 35,204,316 | $3.02 | $3.09 | +$52.2M |
I ITUB | ITAU UNIBANCO HLDG S A | 3.53% | $93.4M | 22,005,070 | $5.14 | $6.79 | -$21.2M |
X XLF | SELECT SECTOR SPDR TR | 3.26% | $86.1M | 1,644,491 | $47.62 | $52.37 | +$25.4M |