Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Itau Unibanco Hldg S A (ITUB)

390 + Investors. Track Smart Money conviction in ITUB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
5Q ▲
Buyers last Q
49%

Smart Money Signals — ITUB

Based on 394 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added ITUB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
394 hedge funds hold ITUB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+69 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 49% buying

192 buying199 selling
Last quarter: 199 funds reduced or exited vs 192 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 42 → 73 → 72 → 57. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 17% medium ■ 19% new
254 out of 394 hedge funds have held ITUB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

51 → 42 → 73 → 72 → 57 new funds/Q
New funds entering each quarter: 42 → 73 → 72 → 57. A growing number of institutions are discovering ITUB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 71% veterans vs 20% newcomers

■ 71% veterans ■ 9% 1-2yr ■ 20% new
Entry-cohort mix of 401 holders: 283 (71%) are 2+ year veterans, 37 entered 1–2 years ago, and 81 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
52 of 393 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in ITUB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ITUB

In 2026 Q2, 192 hedge funds were net buyers of ITUB (57 opened a new position, 135 added to an existing one), while 199 reduced or exited (146 trimmed, 53 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 49% of total institutional value in ITUB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 394.

Hedge Fund Ownership: ITUB

How many hedge funds hold ITUB — quarterly history vs. share price
Quarterly hedge fund ownership of ITUB vs. share price

Market Analysis: ITUB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ITUB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Itau Unibanco Hldg S A (ITUB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ITUB has moved relative to its sector benchmark (XLF) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 84d ago
ITUB
+3.2%
XLF
+4.6%

ITUB outperformed XLF by -1.4% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 39d ago
ITUB
+14.0%
XLF
-3.5%

Since the filing became public, ITUB outperformed XLF by +17.5% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 12 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: ITUB
390 + Investors

Track Smart Money conviction in ITUB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 390 390 -
13F Shares 1.16B 1.16B 0.03%
Total Value $9.24B $9.41B -1.8%
New Positions 57 72 -15
Increased Positions 131 151 -20
Closed Positions 56 57 -1
Reduced Positions 144 118 +26
Total Calls 5 6 -16.67%
Total Puts 3 4 -25.0%
PUT/CALL Ratio 0.6 0.67 Bullish

Statistics: ITUB

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Financial Highlights

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Institutional Holders (2026 Q2)

390 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ITUB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ITUB holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Seafarer Capital Partners, LLC 20.54% 10,909,142 $89.1M
2 Westwood Global Investments, LLC 17.66% 61,527,159 $502.7M
3 Breakout Capital Partners, LP 16.41% 3,291,424 $26.9M
4 Vinland Capital Management Gestora de Recursos LTDA. 11.97% 148,674 $1.2M
5 Oaktree Fund Advisors, LLC 11.83% 837,352 $6.8M
6 Northcape Capital Pty Ltd 9.78% 8,878,020 $72.5M
7 TT International Asset Management LTD 8.41% 8,104,719 $65.9M
8 Zeno Equity Partners LLP 6.63% 2,183,366 $17.8M
9 WIM INVESTMENT MANAGEMENT Ltd 6.42% 2,398,610 $19.6M
10 Gemsstock Ltd. 5.61% 2,316,513 $18.9M
11 Haven Global Partners, LLC 4.87% 777,482 $6.4M
12 Matthews International Capital Management LLC 3.80% 1,356,913 $11.1M
13 Itau Unibanco Holding S.A. 3.66% 23,664,437 $192.8M
14 JGP Global Gestao de Recursos Ltda. 3.02% 167,800 $1.4M
15 Orbis Allan Gray Ltd 2.28% 81,301,690 $664.2M
16 Carrhae Capital LLP 2.18% 9,643,006 $78.8M
17 Ramirez Asset Management, Inc. 2.03% 2,387,198 $19.5M
18 PharVision Advisers, LLC 1.97% 12,786 $104K
19 INCA Investments LLC 1.81% 783,087 $6.4M
20 ARGA Investment Management, LP 1.57% 7,509,138 $61.3M
21 VPR Management LLC 1.44% 438,013 $3.6M
22 Oaktree Capital Management LP 1.36% 11,977,665 $97.9M
23 Carmignac Gestion 1.30% 12,219,314 $99.8M
24 Samlyn Capital, LLC 1.29% 9,722,653 $79.4M
25 Dnca Finance 0.98% 2,481,618 $20.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Itau Unibanco Hldg S A (ITUB)

What does the Smart Money Trend signal show for ITUB?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added ITUB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ITUB?

More sellers than buyers — 49% buying: Last quarter: 199 funds reduced or exited vs 192 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for ITUB holders?

Elite ownership — 49% AUM from top-100 funds: 52 of 393 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in ITUB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ITUB?

64% of holders stayed for 2+ years: 254 out of 394 hedge funds have held ITUB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Itau Unibanco Hldg S A (ITUB) following the 2026 Q2 hedge fund 13F filings?

As of today, ITUB has moved +14.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to -3.5% for the XLF sector ETF — an outperformance of +17.5%. Since the quarter end (June 30, 2026), ITUB has gained +3.2% vs +4.6% for XLF. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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