INCA Investments LLC XP — XP INC

Ownership history in INCA Investments LLC  ·  14 quarters on record

AI Ownership Summary

INCA Investments LLC reported XP INC (XP) in 14 quarterly 13F filings from 2023 Q4 through 2025 Q3. Peak portfolio weight reached 10.25% in 2025 Q2. The latest visible filing shows XP at 8.01% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this XP ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was INCA Investments LLC's position in XP INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

XP was reported at 8.01% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
10.25% in 2025 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

XP stock page INCA Investments LLC fund profile INCA Investments LLC full holdings
How INCA Investments LLC held XP — position size vs. price
% of Fund (quarterly)    XP price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 8 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 REDUCED 29.1% -11.6% ✅ 926,752 -379,838 -29.1% 8.01% $17.4M 2025-11-04 $17.92
2025 Q2 REDUCED — — — 1,306,590 -51,649 -3.8% 10.25% $26.4M 2025-07-29 $16.24
2025 Q1 UNCHANGED — — — 1,358,239 — 0% 8.55% $18.7M 2025-04-28 $16.05
2024 Q4 ADDED — — — 1,358,239 +39,089 +3.0% 6.64% $16.1M 2025-01-30 $13.86
2024 Q3 UNCHANGED — — — 1,319,150 — 0% 10.10% $23.7M 2024-11-05 $16.86
2024 Q2 ADDED — — — 1,319,150 +1,082,162 +456.6% 9.81% $23.2M 2024-08-05 $15.03
2024 Q1 ADDED — — — 236,988 +46,443 +24.4% 2.62% $6.1M 2024-05-01 $19.37
2023 Q4 REDUCED 14.1% -3.3% ✅ 190,545 -31,154 -14.1% 2.20% $5.0M 2024-02-05 $23.83
6 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding XP

As of 2026 Q1 — sorted by position size

JGP Global Gestao de Recursos Ltda. 3Y 7Y 21.35% ATMOS CAPITAL GESTAO DE RECURSOS LTDA. 3Y 18.8% GENERAL ATLANTIC, L.P. 3Y 7Y 18.23% Seafarer Capital Partners, LLC 3Y 7Y 16.48% ARGA Investment Management, LP 3Y 7Y 12.94% SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. 3Y 7Y 8.32% Triveni Capital Investments LP 7.77% Truxt Investmentos Ltda. 3Y 6.95% Praetorian PR LLC 3Y 6.92% Oaktree Fund Advisors, LLC 3Y 6.67%

FAQ About INCA Investments LLC and XP

These are the practical questions this page is built to answer before you even open the full history table.

How long has INCA Investments LLC reported owning XP?

INCA Investments LLC reported XP across 8 quarterly 13F filings, from 2023 Q4 through 2025 Q3.

What was the largest reported XP position in INCA Investments LLC's portfolio?

The largest reported portfolio weight for XP was 10.25% in 2025 Q2.

What is the latest reported XP position on this page?

The most recent filing on this page is 2025 Q3, when INCA Investments LLC reported 926,752 shares, equal to 8.01% of portfolio, with an estimated market value of $17.4M.

What does the chart on this XP ownership page compare?

The chart compares INCA Investments LLC's quarterly XP portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did INCA Investments LLC time their XP position?

Based on 13F filing dates vs. subsequent XP price moves, INCA Investments LLC correctly timed 5 out of 11 reported position changes (45%). The annualised alpha on XP relative to SPY over the holding period was -16.0%.

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