# Itau Unibanco Holding S.A.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1132597. Source: https://holderbook.com/funds/1132597-itau-unibanco-holding-s-a/

- Reported value: $5.3B
- Positions: 400
- Weight of the ten largest: 45.4%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $650.5M | 871,093 | 12.4% | 19 |
| ISHARES TR | [IGOV](https://holderbook.com/stocks/IGOV/) | $314.2M | 7,658,139 | 6.0% | 2 |
| VALE S A | [VALE](https://holderbook.com/stocks/VALE/) | $230.5M | 15,368,311 | 4.4% | 17 |
| PETROLEO BRASILEIRO S A | [PBR](https://holderbook.com/stocks/PBR/) | $215.0M | 13,306,603 | 4.1% | 25 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $196.6M | 14,867,176 | 3.7% | 5 |
| ITAU UNIBANCO HLDG S A | [ITUB](https://holderbook.com/stocks/ITUB/) | $192.8M | 23,664,437 | 3.7% | 20 |
| FOMENTO ECONOMICO MEXICANO S | [FMX](https://holderbook.com/stocks/FMX/) | $156.9M | 1,214,976 | 3.0% | 3 |
| CREDICORP LTD | [BAP](https://holderbook.com/stocks/BAP/) | $148.0M | 378,899 | 2.8% | 1 |
| BANCO BRADESCO S A | [BBD](https://holderbook.com/stocks/BBD/) | $147.8M | 42,672,528 | 2.8% | 31 |
| CEMEX SA EURO MTN BE 144A | [CX](https://holderbook.com/stocks/CX/) | $136.9M | 11,386,156 | 2.6% | 4 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $114.5M | 239,853 | 2.2% | 22 |
| PETROLEO BRASILEIRO S A | [PBRA](https://holderbook.com/stocks/PBRA/) | $109.3M | 7,469,049 | 2.1% | 31 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $109.2M | 0 | 2.1% | 1 |
| EMBRAER S.A. | [EMBJ](https://holderbook.com/stocks/EMBJ/) | $101.1M | 1,598,539 | 1.9% | 14 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $95.7M | 478,308 | 1.8% | 31 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $82.4M | 223,736 | 1.6% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $80.3M | 336,878 | 1.5% | 31 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $72.6M | 2,105,599 | 1.4% | 2 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $72.5M | 105,568 | 1.4% | 9 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $63.7M | 32,019 | 1.2% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $55.8M | 48,335 | 1.1% | 5 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $55.4M | 299,159 | 1.1% | 1 |
| VISTA ENERGY S.A.B. DE C.V. | [VIST](https://holderbook.com/stocks/VIST/) | $54.0M | 842,263 | 1.0% | 2 |
| COMPANIA DE MINAS BUENAVENTU | [BVN](https://holderbook.com/stocks/BVN/) | $53.9M | 1,850,697 | 1.0% | 2 |
| BANCO DE CHILE | [BCH](https://holderbook.com/stocks/BCH/) | $53.2M | 1,348,328 | 1.0% | 8 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $52.9M | 93,915 | 1.0% | 31 |
| AMERICA MOVIL SAB DE CV | [AMX](https://holderbook.com/stocks/AMX/) | $52.0M | 1,990,963 | 1.0% | 4 |
| INVESCO EXCH TRADED FD TR II | [KBWB](https://holderbook.com/stocks/KBWB/) | $48.4M | 520,547 | 0.9% | 1 |
| VESTA REAL ESTATE CORP | [VTMX](https://holderbook.com/stocks/VTMX/) | $44.2M | 1,291,724 | 0.8% | 3 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $41.3M | 137,424 | 0.8% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $40.8M | 114,284 | 0.8% | 11 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $37.0M | 486,100 | 0.7% | 9 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $35.9M | 2,700,445 | 0.7% | 1 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $35.7M | 21,151 | 0.7% | 3 |
| GERDAU SA | [GGB](https://holderbook.com/stocks/GGB/) | $34.3M | 8,511,525 | 0.7% | 31 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $34.0M | 273,478 | 0.6% | 5 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $33.3M | 268,411 | 0.6% | 5 |
| GRUPO AEROPORTUARIO DEL CENT | [OMAB](https://holderbook.com/stocks/OMAB/) | $33.0M | 291,193 | 0.6% | 1 |
| BANCO BBVA ARGENTINA S A | [BBAR](https://holderbook.com/stocks/BBAR/) | $32.7M | 1,656,110 | 0.6% | 2 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $32.2M | 470,600 | 0.6% | 20 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $32.1M | 202,434 | 0.6% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $30.2M | 80,870 | 0.6% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $29.9M | 79,092 | 0.6% | 9 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $29.2M | 543,942 | 0.6% | 8 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $27.9M | 42,496 | 0.5% | 2 |
| COMPANHIA DE SANEAMENTO BASI | [SBS](https://holderbook.com/stocks/SBS/) | $25.0M | 4,381,272 | 0.5% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $24.4M | 84,189 | 0.5% | 9 |
| GRUPO CIBEST SA | [CIB](https://holderbook.com/stocks/CIB/) | $23.9M | 301,678 | 0.5% | 4 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $23.6M | 171,500 | 0.4% | 3 |
| ISHARES TR | [ILF](https://holderbook.com/stocks/ILF/) | $23.3M | 640,000 | 0.4% | 1 |
| BANCO SANTANDER CHILE NEW | [BSAC](https://holderbook.com/stocks/BSAC/) | $22.7M | 691,757 | 0.4% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $22.7M | 317,713 | 0.4% | 24 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $22.4M | 208,949 | 0.4% | 8 |
| TERNIUM SA | [TX](https://holderbook.com/stocks/TX/) | $22.1M | 509,371 | 0.4% | 1 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $22.1M | 0 | 0.4% | 6 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $21.8M | 186,613 | 0.4% | 8 |
| BANCO MACRO SA | [BMA](https://holderbook.com/stocks/BMA/) | $20.2M | 217,269 | 0.4% | 3 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $18.8M | 98,876 | 0.4% | 1 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $18.4M | 197,372 | 0.3% | 31 |
| XP INC | [XP](https://holderbook.com/stocks/XP/) | $18.3M | 1,123,028 | 0.3% | 1 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $18.0M | 235,374 | 0.3% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $17.5M | 23,735 | 0.3% | 3 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $17.3M | 109,207 | 0.3% | 1 |
| ETFIS SER TR I | [UTES](https://holderbook.com/stocks/UTES/) | $16.6M | 202,713 | 0.3% | 3 |
| PAMPA ENERGIA S A | [PAM](https://holderbook.com/stocks/PAM/) | $16.1M | 195,918 | 0.3% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $15.9M | 46,295 | 0.3% | 9 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $15.6M | 208,089 | 0.3% | 1 |
| VANECK ETF TRUST | [NLR](https://holderbook.com/stocks/NLR/) | $15.6M | 134,109 | 0.3% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $13.3M | 11,116 | 0.3% | 9 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $12.3M | 139,053 | 0.2% | 19 |
| KASPI KZ JSC | [KSPI](https://holderbook.com/stocks/KSPI/) | $12.0M | 138,217 | 0.2% | 7 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $12.0M | 108,400 | 0.2% | 1 |
| GRUPO FINANCIERO GALICIA S.A | [GGAL](https://holderbook.com/stocks/GGAL/) | $11.8M | 236,736 | 0.2% | 8 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $10.9M | 85,316 | 0.2% | 2 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $10.9M | 126,000 | 0.2% | 6 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $10.7M | 121,372 | 0.2% | 24 |
| BBB FOODS INC | [TBBB](https://holderbook.com/stocks/TBBB/) | $9.5M | 230,515 | 0.2% | 1 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $9.5M | 415,293 | 0.2% | 19 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $9.3M | 125,564 | 0.2% | 4 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $9.3M | 85,581 | 0.2% | 6 |
| DLOCAL LTD | [DLO](https://holderbook.com/stocks/DLO/) | $9.0M | 690,846 | 0.2% | 1 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $8.9M | 26,627 | 0.2% | 9 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $8.6M | 61,686 | 0.2% | 1 |
| AURA MINERALS INC | [AUGO](https://holderbook.com/stocks/AUGO/) | $8.5M | 136,572 | 0.2% | 1 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $8.5M | 28,592 | 0.2% | 3 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $8.2M | 17,000 | 0.2% | 2 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $8.1M | 20,000 | 0.2% | 5 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $7.6M | 0 | 0.1% | 1 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $7.4M | 0 | 0.1% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $7.2M | 0 | 0.1% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $7.1M | 16,963 | 0.1% | 6 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $6.9M | 272,414 | 0.1% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $6.9M | 16,144 | 0.1% | 8 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $6.5M | 127,470 | 0.1% | 8 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $6.2M | 20,900 | 0.1% | 2 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $6.1M | 250,000 | 0.1% | 2 |
| PETROLEO BRASILEIRO S A | [PBR](https://holderbook.com/stocks/PBR/) | $5.9M | 0 | 0.1% | 1 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $5.9M | 40,185 | 0.1% | 1 |
| SPDR SERIES TRUST | [XOP](https://holderbook.com/stocks/XOP/) | $5.8M | 37,830 | 0.1% | 3 |
| ISHARES INC | [ECH](https://holderbook.com/stocks/ECH/) | $5.6M | 141,075 | 0.1% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.5% | +14.8% | -10.3% | 100% |
| Q1 2026 | +5.3% | -4.6% | +10.0% | 99% |
| Q4 2025 | +3.5% | +2.4% | +1.1% | 97% |
| Q3 2025 | +6.1% | +7.8% | -1.7% | 108% |
| Q2 2025 | +11.7% | +10.5% | +1.3% | 100% |
| Q1 2025 | +0.3% | -4.6% | +4.9% | 95% |
| Q4 2024 | -4.9% | +2.1% | -7.1% | 99% |
| Q3 2024 | +4.3% | +5.4% | -1.1% | 97% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.3B | 400 |
| Q1 2026 | $4.3B | 359 |
| Q4 2025 | $4.2B | 342 |
| Q3 2025 | $3.0B | 393 |
| Q2 2025 | $2.6B | 379 |
| Q1 2025 | $2.7B | 398 |
| Q4 2024 | $3.2B | 368 |
| Q3 2024 | $3.0B | 328 |
| Q2 2024 | $2.4B | 343 |
| Q1 2024 | $2.3B | 119 |
| Q4 2023 | $3.0B | 361 |
| Q3 2023 | $2.3B | 476 |