Q2 2026 13F · SEC CIK 2044610
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.
Institutional asset managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $142.0M
- Reported positions
- 11
- Holdings vs S&P 500, 3 yrs
- —
- Assets under management
- $810.0M
Navi International - Administradora e Gestora de Recursos Financeiros Ltda. is an institutional asset manager that reported 11 positions worth $142.0M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Mercadolibre Inc (MELI, 37.4%), Xp Inc (XP, 21.1%), Latam Airlines Group-Sp ADR (LTM, 13.4%).
Navi International - Administradora e Gestora de Recursos Financeiros Ltda. holdings all 11 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| MELIMercadolibre Inc | 37.4% | +3.1% | $53.0M |
| XPXp Inc | 21.1% | -31.4% | $29.9M |
| LTMLatam Airlines Group-Sp ADR | 13.4% | +1478.6% | $19.0M |
| PBR-APetroleo Brasileiro S A | 12.0% | +37.3% | $17.0M |
| INTRInter & Co Inc - Cl A | 9.3% | — | $13.3M |
| AXIAYCentrais Elet Bras SA | 2.2% | +263.7% | $3.1M |
| SUZSuzano SA | 1.9% | -0.0% | $2.8M |
| GGBGerdau SA | 1.6% | +0.0% | $2.2M |
| VALEVale S A | 0.5% | — | $779K |
| ITUBItau Unibanco Hldg S A | 0.4% | +215.5% | $626K |
| CIGCia Energetica de Minas Gerais | 0.2% | — | $270K |
What Navi International - Administradora e Gestora de Recursos Financeiros Ltda. bought and sold in Q2 2026, against Q1 2026.
New positions
- INTR Inter & Co Inc - Cl A9.3% of 13F
- VALE Vale S A0.5% of 13F
- CIG Cia Energetica de Minas Gerais0.2% of 13F
Added to
- LTM Latam Airlines Group-Sp ADR+1478.6% shares
- AXIAY Centrais Elet Bras SA+263.7% shares
- ITUB Itau Unibanco Hldg S A+215.5% shares
- PBR-A Petroleo Brasileiro S A+37.3% shares
Reduced
- XP Xp Inc-31.4% shares
Sold out
- NU Nu Hldgs Ltdwas 25.9%
- STNE Stoneco Ltdwas 13.0%
- PBR Petroleo Brasileiro SA - Petrowas 2.5%
- Centrais Elet Bras SAwas 1.1%
- EMBJ Embraer S.a.was 0.3%
- BBD Banco Bradesco S Awas 0.1%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- —
- 3 years
- —
- 5 years
- —
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $142.0M | 11 |
| Q1 2026 | $222.3M | 14 |
| Q4 2025 | $158.1M | 17 |
Questions about Navi International - Administradora e Gestora de Recursos Financeiros Ltda.'s portfolio
What stocks does Navi International - Administradora e Gestora de Recursos Financeiros Ltda. own?
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.'s latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 11 positions worth $142.0M. The largest are Mercadolibre Inc (MELI) at 37.4%, Xp Inc (XP) at 21.1%, Latam Airlines Group-Sp ADR (LTM) at 13.4%, Petroleo Brasileiro S A (PBR-A) at 12.0% and Inter & Co Inc - Cl A (INTR) at 9.3%.
What did Navi International - Administradora e Gestora de Recursos Financeiros Ltda. buy last quarter?
In Q2 2026, Navi International - Administradora e Gestora de Recursos Financeiros Ltda. added a new position in Inter & Co Inc - Cl A (INTR), a new position in Vale S A (VALE), a new position in Cia Energetica de Minas Gerais (CIG), Latam Airlines Group-Sp ADR (LTM) (+1478.6% shares), Centrais Elet Bras SA (AXIAY) (+263.7% shares) and Itau Unibanco Hldg S A (ITUB) (+215.5% shares), compared with its Q1 2026 filing.
What did Navi International - Administradora e Gestora de Recursos Financeiros Ltda. sell last quarter?
In Q2 2026, Navi International - Administradora e Gestora de Recursos Financeiros Ltda. sold all of Nu Hldgs Ltd (NU), sold all of Stoneco Ltd (STNE), sold all of Petroleo Brasileiro SA - Petro (PBR), sold all of Centrais Elet Bras SA, sold all of Embraer S.a. (EMBJ) and Xp Inc (XP) (-31.4% shares), compared with its Q1 2026 filing.
When is Navi International - Administradora e Gestora de Recursos Financeiros Ltda.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Navi International - Administradora e Gestora de Recursos Financeiros Ltda.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Navi International - Administradora e Gestora de Recursos Financeiros Ltda. manage?
Navi International - Administradora e Gestora de Recursos Financeiros Ltda. reported $810.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $142.0M.