BTG Pactual Asset Management US LLC

Q4 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
243
Total value ($000)
$1,027,046
Net value change ($000)
-1,106,337 (-51.9%)
New positions
99
Sold out positions
111
Turnover %
22.1%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Prev filing: 11/13/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
EVRG 12,949 NEW
DTE 11,912 NEW
WEC 11,071 NEW
BRK-B 9,138 63.5%
TSM 7,978 104.3%
OGE 7,384 103.3%
XEL 7,242 107.6%
XLV 7,227 52.8%
D 6,975 NEW
OGS 6,675 NEW
Top Reduces (Value $000, Stocks/ETFs)
SPY -16,459 -10.9%
IWF -11,571 -13.2%
NOW -10,707 -90.0%
CYBR -8,908 -100.0%
MSFT -8,348 -46.0%
LNT -8,175 -100.0%
DUK -7,621 -74.9%
KEL -6,792 -100.0%
FYBR -5,391 -100.0%
NVDA -4,799 -19.4%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 127,087 (12.4% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type