2026 Q1 Portfolio Activity
In 2026 Q1, VPR Management LLC maintained a portfolio of 69 distinct positions. The most significant new addition was SEA LTD, now representing 0.94% of the total fund value. They heavily accumulated shares in MERCADOLIBRE INC, increasing the position by 100.4%. The fund also reduced its exposure to ISHARES INC by 20.3%.
Position History
hover any row below to update
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Total Positions
69
Quarter
2026 Q1
Top Holding
IAU (13.9%)
Top 10 Concentration
70.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 69
VPR Management LLC Full Holdings List — 2026 Q1
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
IAU
ISHARES GOLD TR
|
ETF | 13.93% | 14.30% |
#1
1
Prev: #2
|
7.0 |
—
|
no change | no change |
P
S
|
395,430 | $34,861,109 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
VEA
VANGUARD TAX-MA...
|
ETF | 13.46% | 14.63% |
#2
1
Prev: #1
|
6.5 |
—
|
no change | no change |
P
S
|
525,600 | $33,680,448 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
GUNR
FLEXSHARES TR
|
ETF | 10.97% | 10.16% |
#3
Prev: #3
|
6.0 |
—
|
no change | no change |
P
S
|
497,600 | $27,447,616 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
EWC
ISHARES INC
|
ETF | 6.83% | 7.49% |
#4
Prev: #4
|
4.2 |
—
|
no change | no change |
P
S
|
311,800 | $17,083,522 | 2021 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
EWZ
ISHARES INC
|
ETF | 6.04% | 6.98% |
#5
Prev: #5
|
2.9 |
—
|
-100,000 | -20.3% |
P
S
|
393,400 | $15,102,626 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
VTI
VANGUARD INDEX ...
|
ETF | 5.80% | 6.09% |
#6
Prev: #6
|
4.3 |
—
|
4,400 | 10.8% |
P
S
|
45,200 | $14,500,612 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
VIG
VANGUARD SPECIA...
|
ETF | 4.52% | 5.15% |
#7
Prev: #7
|
2.8 |
—
|
no change | no change |
P
S
|
52,630 | $11,318,608 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
IEMG
ISHARES INC
|
ETF | 3.53% | 3.80% |
#8
Prev: #8
|
2.4 |
—
|
no change | no change |
P
S
|
126,800 | $8,844,300 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
EMLC
VANECK ETF TRUS...
|
ETF | 3.17% | 3.64% |
#9
Prev: #9
|
2.3 |
—
|
no change | no change |
P
S
|
316,200 | $7,939,782 | 2021 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ACWI
ISHARES TR
|
ETF | 2.42% | 2.75% |
#10
Prev: #10
|
2.0 |
—
|
no change | no change |
P
S
|
43,700 | $6,046,769 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
GNR
SPDR INDEX SHS ...
|
ETF | 2.31% | 2.15% |
#11
1
Prev: #12
|
1.9 |
—
|
no change | no change |
P
S
|
77,550 | $5,790,659 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
MELI
MERCADOLIBRE IN...
|
Consumer Cyclical | 2.21% | 1.43% |
#12
2
Prev: #14
|
3.9 |
—
|
1,600 | 100.4% |
P
S
|
3,194 | $5,522,490 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
FCX
FREEPORT-MCMORA...
|
Basic Materials | 1.90% | 1.83% |
#13
Prev: #13
|
1.8 |
—
|
no change | no change |
P
S
|
81,000 | $4,761,180 | 2022 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
EWU
ISHARES TR
|
ETF | 1.78% | 1.28% |
#14
2
Prev: #16
|
3.2 |
—
|
32,000 | 48.9% |
P
S
|
97,500 | $4,442,100 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
NU
NU HLDGS LTD
|
Financial Services | 1.64% | 2.29% |
#15
4
Prev: #11
|
1.2 |
—
|
-22,000 | -7.2% |
P
S
|
285,600 | $4,104,072 | 2024 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ITUB
ITAU UNIBANCO H...
|
Preferred | 1.47% | 1.40% |
#16
1
Prev: #15
|
1.6 |
—
|
no change | no change |
P
S
|
438,013 | $3,670,549 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
XOM
EXXON MOBIL COR...
|
Energy | 1.30% | 1.03% |
#17
2
Prev: #19
|
1.5 |
—
|
no change | no change |
P
S
|
19,200 | $3,257,472 | 2024 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
PBR/A
PETROLEO BRASIL...
|
Energy | 1.16% | 0.77% |
#18
3
Prev: #21
|
1.5 |
—
|
no change | no change |
P
S
|
154,260 | $2,892,375 | 2023 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
PBR
PETROLEO BRASIL...
|
Energy | 1.10% | 0.70% |
#19
4
Prev: #23
|
1.4 |
—
|
no change | no change |
P
S
|
132,846 | $2,756,555 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
EFV
ISHARES TR
|
ETF | 1.06% | 1.14% |
#20
3
Prev: #17
|
1.4 |
—
|
no change | no change |
P
S
|
35,700 | $2,654,295 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
KOF
COCA-COLA FEMSA...
|
Consumer Defensive | 0.97% | 1.05% |
#21
3
Prev: #18
|
1.4 |
—
|
no change | no change |
P
S
|
24,789 | $2,418,167 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SE
SEA LTD
|
Consumer Cyclical | 0.94% | — |
#22
Prev: #—
|
3.9 |
—
|
28,300 | — |
NEW
|
28,300 | $2,343,523 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
VWO
VANGUARD INTL E...
|
ETF | 0.81% | 0.90% |
#23
3
Prev: #20
|
1.3 |
—
|
no change | no change |
P
S
|
37,700 | $2,037,685 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
VALE
VALE S A
|
Basic Materials | 0.78% | 0.71% |
#24
2
Prev: #22
|
1.3 |
—
|
no change | no change |
P
S
|
122,010 | $1,941,179 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CVX
CHEVRON CORP NE...
|
Energy | 0.72% | 0.59% |
#25
Prev: #25
|
1.3 |
—
|
no change | no change |
P
S
|
8,700 | $1,800,030 | 2024 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
RIO
RIO TINTO PLC
|
Basic Materials | 0.63% | 0.61% |
#26
2
Prev: #24
|
1.3 |
—
|
no change | no change |
P
S
|
17,000 | $1,585,930 | 2024 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
BHP
BHP GROUP LTD
|
Basic Materials | 0.58% | 0.54% |
#27
1
Prev: #26
|
1.2 |
—
|
no change | no change |
P
S
|
20,000 | $1,454,800 | 2024 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CPNG
COUPANG INC
|
Consumer Cyclical | 0.45% | — |
#28
Prev: #—
|
3.7 |
—
|
60,000 | — |
NEW
|
60,000 | $1,132,800 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ABEV
AMBEV SA
|
Consumer Defensive | 0.45% | 0.43% |
#29
2
Prev: #27
|
1.2 |
—
|
no change | no change |
P
S
|
387,929 | $1,132,753 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
EBR
CENTRAIS ELETRI...
|
Unknown | 0.45% | 0.41% |
#30
2
Prev: #28
|
1.2 |
—
|
no change | no change |
P
S
|
100,104 | $1,129,173 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ARCC
ARES CAPITAL CO...
|
Financial Services | 0.45% | 0.34% |
#31
2
Prev: #29
|
3.2 |
—
|
24,545 | 64.5% |
P
S
|
62,618 | $1,128,376 | 2025 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
XLE
SELECT SECTOR S...
|
Unknown | 0.39% | 0.32% |
#32
2
Prev: #30
|
1.2 |
—
|
no change | no change |
P
S
|
16,000 | $980,160 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
VDE
VANGUARD WORLD ...
|
ETF | 0.37% | 0.30% |
#33
1
Prev: #32
|
1.1 |
—
|
no change | no change |
P
S
|
5,300 | $917,112 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SBS
COMPANHIA DE SA...
|
Utilities | 0.36% | 0.31% |
#34
3
Prev: #31
|
0.6 |
—
|
495 | 1.7% |
P
S
|
29,551 | $901,601 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
N/A
JBS N.V.
|
|
Unknown | 0.31% | 0.28% |
#35
2
Prev: #37
|
1.1 |
—
|
no change | no change |
P
S
|
43,311 | $777,866 | — | 13F Filing | 2026-03-31 | 2026-05-15 | ||
|
DLO
DLOCAL LTD
|
Technology | 0.29% | — |
#36
Prev: #—
|
3.6 |
—
|
56,000 | — |
NEW
|
56,000 | $726,320 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
XP
XP INC
|
Financial Services | 0.28% | 0.27% |
#37
1
Prev: #38
|
1.1 |
—
|
no change | no change |
P
S
|
37,068 | $705,775 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
BBD
BANCO BRADESCO ...
|
Financial Services | 0.27% | 0.28% |
#38
2
Prev: #36
|
1.1 |
—
|
no change | no change |
P
S
|
187,900 | $685,835 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
VTV
VANGUARD INDEX ...
|
ETF | 0.26% | 0.29% |
#39
5
Prev: #34
|
1.1 |
—
|
no change | no change |
P
S
|
3,350 | $657,270 | 2021 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
VIV
TELEFONICA BRAS...
|
Communication Services | 0.26% | 0.22% |
#40
1
Prev: #41
|
1.1 |
—
|
no change | no change |
P
S
|
41,185 | $655,253 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
AGNC
AGNC INVT CORP
|
Real Estate | 0.24% | 0.29% |
#41
8
Prev: #33
|
1.1 |
—
|
no change | no change |
P
S
|
60,000 | $601,800 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
OBDC
BLUE OWL CAPITA...
|
Financial Services | 0.23% | 0.28% |
#42
7
Prev: #35
|
0.6 |
—
|
891 | 1.8% |
P
S
|
51,361 | $568,053 | 2025 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
PAGS
PAGSEGURO DIGIT...
|
Technology | 0.22% | — |
#43
Prev: #—
|
3.6 |
—
|
56,000 | — |
NEW
|
56,000 | $561,120 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 0.21% | — |
#44
Prev: #—
|
3.6 |
—
|
3,000 | — |
NEW
|
3,000 | $523,200 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
BSBR
BANCO SANTANDER...
|
Financial Services | 0.21% | 0.24% |
#45
6
Prev: #39
|
1.1 |
—
|
no change | no change |
P
S
|
88,050 | $522,137 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SHEL
SHELL PLC
|
Energy | 0.19% | 0.16% |
#46
2
Prev: #44
|
1.1 |
—
|
no change | no change |
P
S
|
5,000 | $465,000 | 2025 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
TIMB
TIM S A
|
Communication Services | 0.17% | 0.14% |
#47
1
Prev: #48
|
1.1 |
—
|
no change | no change |
P
S
|
15,760 | $417,482 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 0.17% | 0.10% |
#48
4
Prev: #52
|
3.1 |
—
|
1,000 | 100.0% |
P
S
|
2,000 | $416,540 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
EMB
ISHARES TR
|
ETF | 0.16% | 0.18% |
#49
7
Prev: #42
|
1.1 |
—
|
no change | no change |
P
S
|
4,300 | $403,899 | 2021 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
FSK
FS KKR CAP CORP
|
Financial Services | 0.15% | 0.24% |
#50
10
Prev: #40
|
1.1 |
—
|
no change | no change |
P
S
|
36,000 | $366,480 | 2025 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 |
Showing 1-50 of 69 holdings