Navi International - Administradora e Gestora de Recursos Financeiros Ltda. holds a concentrated book of 11 reported positions worth $142.0M as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter they opened Inter & Co Inc - CL A and trimmed XP Inc - Class A. Their largest long position is Mercadolibre Inc at 37% of the reported non-option book. They also disclosed $5.9M in call options (bullish), shown separately below and excluded from the non-option book. Cloning the disclosed picks since 2026 would be +16% (+58.1%/yr). That is a simulation of the disclosed long book, not audited returns.
Following at the filing date actually beat the quarter-end book by 16.2 points over this window.
Growth of $10,000 cloning Navi International - Administradora e Gestora de Recursos Financeiros Ltda.'s disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: concentrated book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
100% mapped to company sectors
+1 sector below the cut, under 0.5% together
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis
Other tracked managers holding the same core names as Navi International - Administradora e Gestora de Recursos Financeiros Ltda.
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| Dynamo Internacional Gestao De Recursos Ltda. | 3 / 11 | $150.3M |
| Squadra Investments - Gestao De Recursos Ltda. | 2 / 11 | $346.4M |
| Moneda S.A. Administradora General de Fondos | 3 / 11 | $49.2M |
| Seafarer Capital Partners, LLC | 3 / 11 | $155.8M |
| Northcape Capital Pty Ltd | 2 / 11 | $244.4M |
| Sharp Capital Gestora de Recursos Ltda. | 2 / 11 | $43.4M |
| Westwood Global Investments, LLC | 2 / 11 | $847.7M |
| Breakout Capital Partners, LP | 2 / 11 | $42.8M |
Ranked by the share of each fund's own book sitting in the names it shares with Navi International - Administradora e Gestora de Recursos Financeiros Ltda.: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.
Bars show each position's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Mercadolibre Inc COM | $53.0M | 31.3K | 37.4% | ▲+3.1% Added · +945 sh | |
| 2 | XP Inc CL A | $29.9M | 1.84M | 21.1% | ▼−31% Reduced · −841K sh | |
| 3 | Latam Airlines Group Sa SPONSORED ADR | $19.0M | 326.0K | 13.4% | ▲16× Added · +305K sh | |
| 4 | Petroleo Brasileiro S A SP ADR NON VTG | $17.0M | 1.16M | 12.0% | ▲+37% Added · +316K sh | |
| 5 | Inter & Co Inc CLASS A COM | $13.3M | 2.44M | 9.3% | ▲New New position | |
| 6 | Axia Energia Sa SPONSORED ADR | $3.1M | 289.6K | 2.2% | ▲+264% Added · +210K sh | |
| 7 | Suzano S A SPON ADS | $2.8M | 356.1K | 1.9% | ▼~0% Reduced · −11 sh | |
| 8 | Gerdau Sa SPON ADR REP PFD | $2.2M | 550.0K | 1.6% | —Held | |
| 9 | Vale S A SPONSORED ADS | $779K | 51.8K | 0.5% | ▲New New position | |
| 10 | Itau Unibanco Hldg S A SPON ADR REP PFD | $626K | 76.7K | 0.4% | ▲+216% Added · +52K sh | |
| 11 | Cia Energetica De Minas Gera SP ADR N-V PFD | $270K | 128.7K | 0.2% | ▲New New position |
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
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Use Arkolith to show Navi International - Administradora e Gestora de Recursos Financeiros Ltda.'s latest holdings, largest changes, and filing provenance.
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| CALL · bullish | ISHARES INC | $5.9M | 172K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the non-option book, weighting, concentration and sector figures above.
As-of date vs the date the SEC received each filing
Reported 13F total per quarter. Raw filing totals can include option notional.
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.