VPR Management LLC
CIK 0001894203
Annualised vol
1.638764%
Beta
0.054318
HHI
686.65577
Top-10 weight
71.484948%
VaR 95%
0.150713%
VaR 99%
0.302837%
Max drawdown
2.681154%
Matched value
12.738972%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| MELI | UNCHANGED | 3,194 | 3,194 | 0.0% | 5,421,464 |
| FCX | UNCHANGED | 81,000 | 81,000 | 0.0% | 5,094,090 |
| SE | UNCHANGED | 28,300 | 28,300 | 0.0% | 2,711,989 |
| KOF | UNCHANGED | 24,789 | 24,789 | 0.0% | 2,633,831 |
| VALE | UNCHANGED | 122,010 | 122,010 | 0.0% | 1,835,030 |
| BHP | UNCHANGED | 20,000 | 20,000 | 0.0% | 1,666,200 |
| RIO | UNCHANGED | 17,000 | 17,000 | 0.0% | 1,613,810 |
| CVX | UNCHANGED | 8,700 | 8,700 | 0.0% | 1,442,112 |
| ARCC | ADDED | 63,254 | 62,618 | 1.02% | 1,172,097 |
| CPNG | UNCHANGED | 60,000 | 60,000 | 0.0% | 1,042,200 |
| GRAB | NEW | 220,000 | - | - | 829,400 |
| DLO | UNCHANGED | 56,000 | 56,000 | 0.0% | 727,720 |
| XP | UNCHANGED | 37,068 | 37,068 | 0.0% | 602,726 |
| NVDA | UNCHANGED | 3,000 | 3,000 | 0.0% | 600,270 |
| OWL | ADDED | 52,407 | 51,361 | 2.04% | 569,664 |
| JBS | UNCHANGED | 43,311 | 43,311 | 0.0% | 513,235 |
| PAGS | UNCHANGED | 56,000 | 56,000 | 0.0% | 506,800 |
| AMZN | UNCHANGED | 2,000 | 2,000 | 0.0% | 476,680 |
| BSBR | UNCHANGED | 88,050 | 88,050 | 0.0% | 462,263 |
| SHEL | UNCHANGED | 5,000 | 5,000 | 0.0% | 387,700 |
| GOOGL | UNCHANGED | 1,000 | 1,000 | 0.0% | 353,330 |
| TIMB | UNCHANGED | 15,760 | 15,760 | 0.0% | 337,579 |
| COP | UNCHANGED | 2,700 | 2,700 | 0.0% | 280,692 |
| SUZ | UNCHANGED | 33,605 | 33,605 | 0.0% | 260,775 |
| STNE | UNCHANGED | 22,040 | 22,040 | 0.0% | 238,914 |
| CSWC | UNCHANGED | 8,500 | 8,500 | 0.0% | 202,045 |
| OCSL | ADDED | 16,062 | 15,760 | 1.92% | 191,780 |
| BMY | UNCHANGED | 100 | 100 | 0.0% | 5,762 |
| PFE | UNCHANGED | 100 | 100 | 0.0% | 2,408 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | VANGUARD TAX-MANAGED INTL FD | FTSE DEV MKT ETF | 921943858 | 37,449,000 | 15.04 | 525600.0 | |
| - | ISHARES GOLD TR | ISHARES NEW | 464285204 | 29,858,919 | 11.99 | 395430.0 | |
| - | FLEXSHARES TR | MORNSTAR UPSTR | 33939L407 | 24,521,728 | 9.85 | 497600.0 | |
| - | ISHARES INC | MSCI CDA ETF | 464286509 | 17,972,152 | 7.22 | 311800.0 | |
| - | VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | 16,725,808 | 6.72 | 45200.0 | |
| - | ISHARES INC | MSCI BRAZIL ETF | 464286400 | 13,572,300 | 5.45 | 393400.0 | |
| - | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | 12,453,311 | 5.0 | 52630.0 | |
| - | ISHARES INC | CORE MSCI EMKT | 46434G103 | 10,504,112 | 4.22 | 126800.0 | |
| - | VANECK ETF TRUST | JP MRGAN EM LOC | 92189H300 | 8,082,072 | 3.25 | 316200.0 | |
| - | ISHARES TR | MSCI ACWI ETF | 464288257 | 6,859,589 | 2.75 | 43700.0 | |
| MELI | UNCHANGED | MERCADOLIBRE INC | COM | 58733R102 | 5,421,464 | 2.18 | 3194.0 |
| - | SPDR INDEX SHS FDS | GLB NAT RESRCE | 78463X541 | 5,219,891 | 2.1 | 77550.0 | |
| FCX | UNCHANGED | FREEPORT-MCMORAN INC | CL B | 35671D857 | 5,094,090 | 2.05 | 81000.0 |
| - | ISHARES TR | MSCI UK ETF NEW | 46435G334 | 4,498,650 | 1.81 | 97500.0 | |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 3,815,616 | 1.53 | 285600.0 | |
| - | ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 | 3,578,566 | 1.44 | 438013.0 | |
| - | ISHARES TR | EAFE VALUE ETF | 464288877 | 2,732,835 | 1.1 | 35700.0 | |
| SE | UNCHANGED | SEA LTD | SPONSORD ADS | 81141R100 | 2,711,989 | 1.09 | 28300.0 |
| KOF | UNCHANGED | COCA-COLA FEMSA SAB DE CV | SPONSORD ADR REP | 191241108 | 2,633,831 | 1.06 | 24789.0 |
| - | EXXON MOBIL CORP | COM | 30231G102 | 2,625,024 | 1.05 | 19200.0 | |
| - | PETROLEO BRASILEIRO SA PETRO | SP ADR NON VTG | 71654V101 | 2,258,366 | 0.91 | 154260.0 | |
| - | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | 2,250,313 | 0.9 | 37700.0 | |
| - | PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 | 2,146,791 | 0.86 | 132846.0 | |
| VALE | UNCHANGED | VALE S A | SPONSORED ADS | 91912E105 | 1,835,030 | 0.74 | 122010.0 |
| BHP | UNCHANGED | BHP GROUP LTD | SPONSORED ADS | 088606108 | 1,666,200 | 0.67 | 20000.0 |
| RIO | UNCHANGED | RIO TINTO PLC | SPONSORED ADR | 767204100 | 1,613,810 | 0.65 | 17000.0 |
| CVX | UNCHANGED | CHEVRON CORP NEW | COM | 166764100 | 1,442,112 | 0.58 | 8700.0 |
| ARCC | ADDED | ARES CAPITAL CORP | COM | 04010L103 | 1,172,097 | 0.47 | 63254.0 |
| - | CENTRAIS ELETRICAS BRASILEIR | SPONSORED ADR | 15234Q207 | 1,057,098 | 0.42 | 100104.0 | |
| CPNG | UNCHANGED | COUPANG INC | CL A | 22266T109 | 1,042,200 | 0.42 | 60000.0 |
| - | AMBEV SA | SPONSORED ADR | 02319V103 | 904,097 | 0.36 | 287929.0 | |
| - | COMPANHIA DE SANEAMENTO BASI | SPONSORED ADR | 20441A102 | 854,775 | 0.34 | 147885.0 | |
| - | SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | 849,760 | 0.34 | 16000.0 | |
| GRAB | NEW | GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 | 829,400 | 0.33 | 220000.0 |
| - | VANGUARD WORLD FDS | ENERGY ETF | 92204A306 | 795,689 | 0.32 | 5300.0 | |
| - | VANGUARD INDEX FDS | VALUE ETF | 922908744 | 730,066 | 0.29 | 3350.0 | |
| DLO | UNCHANGED | DLOCAL LTD | CLASS A COM | G29018101 | 727,720 | 0.29 | 56000.0 |
| - | AGNC INVT CORP | COM | 00123Q104 | 654,000 | 0.26 | 60000.0 | |
| - | BANCO BRADESCO S A | BANCO BRADESCO-ADR | 059460303 | 652,013 | 0.26 | 187900.0 | |
| XP | UNCHANGED | XP INC | CL A | G98239109 | 602,726 | 0.24 | 37068.0 |
| NVDA | UNCHANGED | NVIDIA CORPORATION | COM | 67066G104 | 600,270 | 0.24 | 3000.0 |
| OWL | ADDED | BLUE OWL CAPITAL CORPORATION | COM | 69121K104 | 569,664 | 0.23 | 52407.0 |
| - | TELEFONICA BRASIL SA | NEW ADR | 87936R205 | 541,995 | 0.22 | 41185.0 | |
| JBS | UNCHANGED | JBS N.V. | CL A SHS | N4732M103 | 513,235 | 0.21 | 43311.0 |
| PAGS | UNCHANGED | PAGSEGURO DIGITAL LTD | COM CL A | G68707101 | 506,800 | 0.2 | 56000.0 |
| AMZN | UNCHANGED | AMAZON COM INC | COM | 023135106 | 476,680 | 0.19 | 2000.0 |
| BSBR | UNCHANGED | BANCO SANTANDER BRASIL S A | ADS REP 1 UNIT | 05967A107 | 462,263 | 0.19 | 88050.0 |
| - | ISHARES TR | JPMORGAN USD EMG | 464288281 | 414,692 | 0.17 | 4300.0 | |
| SHEL | UNCHANGED | SHELL PLC | SPON ADS | 780259305 | 387,700 | 0.16 | 5000.0 |
| - | FS KKR CAP CORP | COM | 302635206 | 378,000 | 0.15 | 36000.0 | |
| GOOGL | UNCHANGED | ALPHABET INC | CAP STK CL C | 02079K107 | 353,330 | 0.14 | 1000.0 |
| - | GERDAU SA | SPON ADR REP PFD | 373737105 | 348,418 | 0.14 | 86242.0 | |
| TIMB | UNCHANGED | TIM S A | SPONSORED ADR | 88706T108 | 337,579 | 0.14 | 15760.0 |
| - | MAIN STR CAP CORP | COM | 56035L104 | 328,712 | 0.13 | 6336.0 | |
| - | CIA ENERGETICA DE MINAS GERA | SP ADR N-V PFD | 204409601 | 309,849 | 0.12 | 147547.0 | |
| COP | UNCHANGED | CONOCOPHILLIPS | COM | 20825C104 | 280,692 | 0.11 | 2700.0 |
| - | CENTRAIS ELET BRAS SA | SPON ADS PF CL C | 15236F100 | 277,571 | 0.11 | 26310.0 | |
| - | SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 | 265,000 | 0.11 | 10000.0 | |
| SUZ | UNCHANGED | SUZANO S A | SPON ADS | 86959K105 | 260,775 | 0.1 | 33605.0 |
| STNE | UNCHANGED | STONECO LTD | COM CL A | G85158106 | 238,914 | 0.1 | 22040.0 |
| - | ULTRAPAR PARTICIPACOES SA | SP ADR REP COM | 90400P101 | 234,434 | 0.09 | 46700.0 | |
| CSWC | UNCHANGED | CAPITAL SOUTHWEST CORP | COM | 140501107 | 202,045 | 0.08 | 8500.0 |
| OCSL | ADDED | OAKTREE SPECIALTY LENDING CO | COM | 67401P405 | 191,780 | 0.08 | 16062.0 |
| - | CRESCENT CAP BDC INC | COM | 225655109 | 98,280 | 0.04 | 9000.0 | |
| BMY | UNCHANGED | BRISTOL-MYERS SQUIBB CO | COM | 110122108 | 5,762 | 0.0 | 100.0 |
| PFE | UNCHANGED | PFIZER INC | COM | 717081103 | 2,408 | 0.0 | 100.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 249,002,058 | 66 | 1.638764 | 0.054318 | 2.681154 |
| 2026-03-31 | 2026-05-15 | 250,216,604 | 65 | 1.581996 | 0.052606 | 2.685915 |
| 2025-12-31 | 2026-02-13 | 224,484,114 | 63 | 1.271333 | 0.039376 | 2.542684 |
| 2025-09-30 | 2025-11-14 | 220,071,907 | 60 | 1.091113 | 0.033095 | 2.222042 |
| 2025-03-31 | 2025-05-15 | 205,901,997 | 55 | 0.996923 | 0.028912 | 2.019921 |
| 2024-12-31 | 2025-02-13 | 191,896,580 | 55 | 1.019585 | 0.029359 | 2.069297 |