Navi International - Administradora e Gestora de Recursos Fi

Est. AUM

$222.3M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	NU HLDGS LTD	ORD SHS CL A	$57.6M	4008517	25.91%	SOLE
2	MERCADOLIBRE INC	COM	$52.4M	30306	23.57%	SOLE
3	XP INC	CL A	$51.0M	2678950	22.95%	SOLE
4	STONECO LTD	COM CL A	$28.8M	2043105	12.98%	SOLE
5	PETROLEO BRASILEIRO S A	SP ADR NON VTG	$15.9M	848137	7.15%	SOLE
6	PETROLEO BRASILEIRO S A	SPONSORED ADR	$5.5M	266925	2.49%	SOLE
7	SUZANO S A	SPON ADS	$3.6M	356157	1.60%	SOLE
8	CENTRAIS ELET BRAS SA	SPON ADS PFD B1	$2.4M	190920	1.08%	SOLE
9	GERDAU SA	SPON ADR REP PFD	$2.0M	550000	0.89%	SOLE
10	LATAM AIRLINES GROUP SA	SPONSORED ADR	$1.0M	20652	0.46%	SOLE
11	CENTRAIS ELET BRAS SA	SPONSORED ADR	$898K	79627	0.40%	SOLE
12	EMBRAER S.A.	SPONSORED ADS	$708K	11923	0.32%	SOLE
13	BANCO BRADESCO S A	SP ADR PFD NEW	$205K	56096	0.09%	SOLE
14	ITAU UNIBANCO HLDG S A	SPON ADR REP PFD	$204K	24298	0.09%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.