XP Inc. - Class A Stock (XP) Institutional Ownership

13F Institutional Holders and Ownership History from Q4 2019 to Q4 2025

Type / Class
Equity / Class A Stock
Symbol
XP on Nasdaq
Shares outstanding
415,451,554
Price per share
$16.37
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
342,996,401
Total reported value
$6,442,806,754
% of total 13F portfolios
0.02%
Share change
+971,301
Value change
-$13,164,012
Number of holders
321
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of XP Inc. - Class A Stock (XP) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Capital World Investors 9.1% $633,472,701 39,691,272 Capital World Investors 31 Mar 2025
BlackRock, Inc. 8.3% +24% $564,478,181 +$92,057,383 34,482,479 +19% BlackRock, Inc. 31 Dec 2025
DODGE & COX 7.9% -20% $658,379,060 -$169,731,712 34,308,445 -20% Dodge & Cox 30 Jun 2025
GENERAL ATLANTIC, L.P. 5.4% $434,238,534 22,758,833 GENERAL ATLANTIC, L.P. 02 Dec 2025

As of 30 Sep 2025, 321 institutional investors reported holding 342,996,401 shares of XP Inc. - Class A Stock (XP). This represents 83% of the company’s total 415,451,554 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of XP Inc. - Class A Stock (XP) together control 65% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 11% 44,870,853 -4.2% 0.01% $843,123,327
Capital World Investors 9.6% 39,906,091 -4.1% 0.1% $749,837,722
Dodge & Cox 8.3% 34,478,145 +0.49% 0.35% $647,844,345
GENERAL ATLANTIC, L.P. 6.1% 25,517,733 0% 14% $479,478,203
SCHRODER INVESTMENT MANAGEMENT GROUP 3% 12,288,191 +74% 0.18% $230,895,109
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 2.6% 10,962,039 +26% 0.06% $205,976,713
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 2.6% 10,638,198 -2% 0.13% $199,891,740
STATE STREET CORP 2.3% 9,358,069 -3.5% 0.01% $175,838,117
ARGA Investment Management, LP 2.2% 9,080,037 4.5% $170,613,895
MORGAN STANLEY 2% 8,410,636 -5.7% 0.01% $158,035,872
ATMOS CAPITAL GESTAO DE RECURSOS LTDA. 2% 8,348,466 +3% 22% $156,867,676
FMR LLC 1.7% 7,199,144 +94% 0.01% $135,271,911
SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. 1.7% 6,867,388 -11% 30% $129,038,221
Ninety One UK Ltd 1.4% 5,652,624 +201% 0.23% $106,212,800
GEODE CAPITAL MANAGEMENT, LLC 1.1% 4,662,204 +1.8% 0.01% $87,182,754
Fisher Asset Management, LLC 1.1% 4,518,971 +0.11% 0.03% $84,911,464
CANADA PENSION PLAN INVESTMENT BOARD 0.94% 3,907,937 0% 0.05% $73,430,136
BANK OF AMERICA CORP /DE/ 0.92% 3,827,966 -8.3% 0.01% $71,927,481
Seafarer Capital Partners, LLC 0.91% 3,771,000 -7.4% 20% $70,857,090
VANGUARD GROUP INC 0.87% 3,614,167 +17% 0% $67,910,198
JENNISON ASSOCIATES LLC 0.66% 2,754,791 -2.9% 0.03% $51,762,523
NORTHERN TRUST CORP 0.62% 2,565,313 -4.5% 0.01% $48,202,231
CAUSEWAY CAPITAL MANAGEMENT LLC 0.61% 2,538,130 +11% 0.63% $47,691,463
Legal & General Group Plc 0.61% 2,531,899 -2.5% 0.01% $47,574,383
FRANKLIN RESOURCES INC 0.6% 2,478,025 -0.42% 0.01% $46,562,089

Institutional Holders of XP Inc. - Class A Stock (XP) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 18,487,994 $302,701,915 +$38,479,244 $16.37 31
2025 Q3 342,996,401 $6,442,806,754 -$13,164,012 $18.79 321
2025 Q2 344,265,264 $6,951,706,117 +$377,789,278 $20.20 309
2025 Q1 335,040,935 $4,611,767,690 -$136,803,600 $13.75 292
2024 Q4 348,803,452 $4,132,545,543 -$67,490,571 $11.85 289
2024 Q3 345,922,012 $6,204,982,692 +$167,811,787 $17.94 288
2024 Q2 310,937,353 $5,472,745,938 -$214,000,177 $17.59 261
2024 Q1 317,010,486 $8,133,237,088 +$637,298,056 $25.66 294
2023 Q4 292,092,779 $7,612,834,051 +$404,153,100 $26.07 298
2023 Q3 279,165,041 $6,434,878,098 -$121,821,450 $23.05 252
2023 Q2 284,088,758 $6,664,823,003 +$66,087,232 $23.46 216
2023 Q1 290,231,753 $3,446,087,203 +$20,158,258 $11.87 183
2022 Q4 286,287,118 $4,391,659,114 +$337,363,526 $15.34 187
2022 Q3 262,990,625 $4,997,664,852 +$17,295,505 $19.01 185
2022 Q2 262,222,323 $4,710,517,238 -$460,330,045 $17.96 183
2022 Q1 259,491,993 $7,808,193,426 +$624,792,920 $30.10 226
2021 Q4 254,666,905 $7,317,159,828 +$1,938,955,632 $28.74 215
2021 Q3 184,985,499 $7,430,571,484 +$135,619,426 $40.17 164
2021 Q2 181,923,879 $7,920,438,932 +$38,872,977 $43.55 161
2021 Q1 181,665,423 $6,848,425,335 +$76,716,970 $37.67 145
2020 Q4 172,732,691 $6,850,977,133 +$1,052,898,333 $39.67 145
2020 Q3 140,345,173 $5,848,600,592 -$41,560,828 $41.69 122
2020 Q2 140,012,535 $5,882,347,838 +$95,355,389 $42.01 113
2020 Q1 137,108,889 $2,653,828,933 -$80,765,358 $19.29 100
2019 Q4 131,809,077 $5,076,890,625 +$4,817,612,631 $38.52 115