Free · no sign-up · Q2 2026

Which funds own XP

XP, Inc. in the Q2 2026 filings. At least 5 of the 91 current managers on file reported a position, worth $710m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 5; at least, of 91 current
Combined value: $710m; as reported
Opened: 1; new this quarter
Added to: 1; already held
Trimmed or sold out: 3; 0 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Dodge & Cox Activist · $191bn book	$530m	0.3%	32,564,312	-$94m-162,376	Trimmed
Marshall Wace LLP Quantitative · $127bn book	$106m	0.1%	6,528,760	+$45m+3,288,393	Added
Oaktree Capital Management LP Activist · $7.2bn book	$51m	0.7%	3,116,809	-$9.7m-55,200	Trimmed
Bridgewater Associates LP Macro · $24.4bn book	$20m	0.1%	1,255,551	opened1,255,551	New
Rokos Capital Management LLP Macro · $26.8bn book	$3.6m	0.0%	220,146	-$800k-11,171	Trimmed

Ownership through time

At least 12 of the 95 managers whose filings are on file listed XP in Q2 2026, against 13 in Q4 2019. 1 manager more than in Q1 2026: 1 started a position.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Bridgewater Associates LP$20m

Largest increases, by shares

Marshall Wace LLP3,240,367 to 6,528,760 shares+$53m
Bridgewater Associates LPnew: 1,255,551 shares+$20m
Capital World Investors19,103,295 to 19,370,669 shares+$4.3m
MFS Investment Management12,331,051 to 12,558,750 shares+$3.7m
Capital Research Global Investors5,001,182 to 5,038,054 shares+$600k

Largest decreases, by shares

Man Group PLC2,805,416 to 1,724,253 shares-$18m
Arrowstreet Capital LP7,659,227 to 7,026,948 shares-$10m
Voloridge Investment Management LLC1,147,364 to 597,672 shares-$8.9m
Winton Group Ltd353,502 to 71,400 shares-$4.6m
Dodge & Cox32,726,688 to 32,564,312 shares-$2.6m

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Dodge & Cox	Q4 2021	$807m	$529m
Capital World Investors	Q4 2019	$841m	$315m
MFS Investment Management	Q2 2025	$236m	$206m
Arrowstreet Capital LP	Q2 2020	$219m	$114m
Marshall Wace LLP	Q3 2021	$106m	$106m
Capital Research Global Investors	Q4 2019	$780m	$82m
Oaktree Capital Management LP	Q4 2021	$60m	$51m
Man Group PLC	Q3 2023	$53m	$28m
Bridgewater Associates LP	Q2 2026	$20m	$20m
Voloridge Investment Management LLC	Q2 2020	$85m	$9.7m
Rokos Capital Management LLP	Q1 2022	$4.4m	$3.6m
Winton Group Ltd	Q2 2025	$6.7m	$1.2m
T. Rowe Price Associates Inc	Q4 2019	$1.0bn	last listed Q4 2023
Fidelity (FMR LLC)	Q4 2021	$663m	last listed Q1 2024
Wellington Management Group LLP	Q2 2020	$409m	last listed Q1 2022
Viking Global Investors LP	Q1 2022	$284m	last listed Q1 2022
Durable Capital Partners LP	Q4 2019	$252m	last listed Q3 2023
Jane Street Group LLC	Q1 2024	$158m	last listed Q1 2024
Maverick Capital Ltd	Q4 2019	$154m	last listed Q1 2023
Two Sigma Investments LP	Q3 2023	$116m	last listed Q1 2024
Millennium Management LLC	Q2 2024	$111m	last listed Q2 2024
D. E. Shaw & Co.	Q4 2023	$92m	last listed Q3 2024

What XP is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around XP →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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