Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in XP held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 46.5M | $885.6M | -0.5% | 8.891% | 0.02% |
| 2 | DODGE & COX | 32.7M | $623.1M | -3.6% | 6.256% | 0.34% |
| 3 | ARGA Investment Management, LP | 20.7M | $394.1M | +4.0% | 3.957% | 12.94% |
| 4 | GENERAL ATLANTIC, L.P. | 20.6M | $391.6M | -9.4% | 3.931% | 18.23% |
| 5 | Capital World Investors | 19.1M | $363.7M | -49.0% | 3.652% | 0.05% |
| 6 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 12.3M | $235.8M | +0.5% | 2.357% | 0.08% |
| 7 | STATE STREET CORP | 9.8M | $185.9M | +2.8% | 1.866% | 0.01% |
| 8 | ATMOS CAPITAL GESTAO DE RECURSOS LTDA. | 9.4M | $179.5M | -58.1% | 1.802% | 25.15% |
| 9 | FMR LLC | 9.1M | $173.0M | +23.4% | 1.737% | 0.01% |
| 10 | Ninety One UK Ltd | 8.1M | $153.4M | +30.2% | 1.540% | 0.36% |
| 11 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 7.7M | $145.8M | -35.1% | 1.464% | 0.08% |
| 12 | MORGAN STANLEY | 6.0M | $113.9M | -37.2% | 1.143% | 0.01% |
| 13 | BANK OF AMERICA CORP /DE/ | 5.1M | $98.0M | +33.4% | 0.984% | 0.01% |
| 14 | Capital Research Global Investors | 5.0M | $95.2M | β | 0.956% | 0.01% |
| 15 | GEODE CAPITAL MANAGEMENT, LLC | 4.8M | $90.5M | -1.9% | 0.913% | 0.01% |
| 16 | Fisher Asset Management, LLC | 4.4M | $83.8M | +0.5% | 0.841% | 0.03% |
| 17 | SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. | 3.9M | $74.4M | -18.4% | 0.747% | 8.32% |
| 18 | Seafarer Capital Partners, LLC | 3.8M | $71.8M | 0.0% | 0.721% | 16.48% |
| 19 | GOLDMAN SACHS GROUP INC | 3.4M | $64.3M | -19.5% | 0.646% | 0.01% |
| 20 | MARSHALL WACE, LLP | 3.2M | $61.7M | β | 0.620% | 0.07% |
| 21 | OAKTREE CAPITAL MANAGEMENT LP | 3.2M | $60.4M | -4.5% | 0.606% | 1.05% |
| 22 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 3.1M | $58.2M | +9.8% | 0.584% | 0.01% |
| 23 | FRANKLIN RESOURCES INC | 3.0M | $57.4M | +10.3% | 0.576% | 0.01% |
| 24 | AMERICAN CENTURY COMPANIES INC | 3.0M | $56.8M | +19.8% | 0.570% | 0.03% |
| 25 | UBS ASSET MANAGEMENT AMERICAS INC | 2.9M | $56.0M | +23.1% | 0.563% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in XP β a direct measure of their conviction.
Filings activity in XP during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new XP position in Q1 2026
Institutions that fully closed their XP position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 348 | +5.1% | 75.66% | +3.68 pp | $6.34B | +5.1% |
| Q4 2025 | 331 | +6.4% | 71.98% | 4.71 pp | $6.03B | 6.1% |
| Q3 2025 | 311 | +2.0% | 76.69% | 5.73 pp | $6.43B | 7.0% |
| Q2 2025 | 305 | +7.0% | 82.42% | 55.63 pp | $6.91B | 40% |
| Q1 2025 | 285 | 1.4% | 138.05% | +88.63 pp | $11.57B | +179% |
| Q4 2024 | 289 | +2.8% | 49.42% | 23.46 pp | $4.14B | 32% |
| Q3 2024 | 281 | +8.5% | 72.88% | +8.38 pp | $6.11B | +13% |
| Q2 2024 | 259 | β | 64.50% | β | $5.41B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying XP stock.
Based on Q1 2026 13F filings, institutional ownership of XP Inc. stands at 75.7%, held across 348 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of XP, with approximately 46,513,148 shares worth $0.89B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of XP, including Fisher Asset Management, LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for XP is 67 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
72 institutions opened new positions in XP during Q1 2026, while 55 fully exited. 223 added to existing positions and 51 trimmed.
XP institutional ownership rose by 3.68 percentage points quarter-over-quarter, with a net change of +17 holders.
The top 10 institutions account for 56.5% of all reported 13F value in XP, and the top 25 account for 75.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
XP Inc. (XP) Institutional Ownership