XP (XP)

Company Profile

XP is a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil. XP's mission is to disintermediate the legacy models of traditional financial institutions by:

Company profile

Ticker

Exchange

NASDAQ

Website

www.xpinc.com

CEO

Thiago Maffra

Incorporated

Cayman Islands

Location

Cayman Islands

Fiscal year end

Dec 31

Sector

Finance and Insurance > Investment Banking and Securities Dealing

Industry (SIC)

Security Brokers, Dealers & Flotation Companies

Goldman Sachs • Morgan Stanley • Nomura • Blackrock • Charles Schwab • Jefferies Financial • Interactive Brokers • Raymond James Financial • Jones Financial Companies LLLP • Stifel Financial ...

SEC CIK

0001787425

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

XP Investimentos S.A. • XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A. • XP Vida e Previdência S.A. • Banco XP S.A. • XP Controle 3 Participações S.A. • XPE Infomoney Educação Assessoria Empresarial e Participações Ltda. • Tecfinance Informática e Projetos de Sistemas Ltda. • XP Corretora de Seguros Ltda. • XP Gestão de Recursos Ltda. • XP Finanças Assessoria Financeira Ltda. ...

SEC advisor number

801-114590

FINRA CRD number

173779

AUM ?

$1.36 bn (as of 31 Mar 22)

Accounts

341 (as of 31 Mar 22)

Employees

26 (16 investment advisory or research)

Address

XP
20, GENESIS CLOSE
GRAND CAYMAN, GEORGE TOWN
E9 KY-1-1208

Office hours

Monday - Friday, 9AM-6PM EST

Phone

55-11-3075-0429

Brochures

XP stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$20.00

Low target

$17.00

High target

$22.00

Banco Bradesco BBI S.A

Ownership

Owner	Title	From	%Ownership
XP Inc.	Owner	11/2019	> 75%
XP Investimentos Sa	Owner	11/2014	> 75%
Wilson, Jared, Ryan	Chief Compliance Officer	05/2015	< 5%
Gomez, Adelia, Mariel	Operations Officer	09/2018	< 5%
Favery, Thiago	Head of Wealth Management	05/2020	< 5%
Bastos, Rodolfo, Ceppas	President, Director, Treasurer, Secretary	05/2020	< 5%

Ownership

Fund structure	AUM	Fund type
XP Advisory Us, Inc.	$1.36 bn
XP Private Credit Fund	$188.00 k	Other Private Fund

Latest filings (excl ownership)

View all

6-K

Report on review of interim condensed consolidated financial statements

15 May 23

6-K

1Q23 Earnings Release

15 May 23

20-F

2022 FY

Annual report (foreign)

26 Apr 23

6-K

XP INC. REPORTS 1Q23 KPIs

25 Apr 23

6-K

Current report (foreign)

5 Apr 23

Registration withdrawal request

7 Mar 23

6-K

4Q22 | FY 2022 Earnings Release

16 Feb 23

6-K

XP Inc. Reports 4Q22 Kpis

17 Jan 23

F-4/A

Registration of securities (foreign) (amended)

18 Nov 22

6-K

Management’s Discussion and Analysis of Financial Condition and Results of Operations

18 Nov 22

Transcripts

View all

Earnings call transcript

2023 Q1

15 May 23

Earnings call transcript

2022 Q4

16 Feb 23

Earnings call transcript

2022 Q2

10 Aug 22

Earnings call transcript

2022 Q1

4 May 22

Earnings call transcript

2021 Q3

5 Nov 21

Earnings call transcript

2021 Q2

4 Aug 21

Earnings call transcript

2020 Q4

24 Feb 21

Earnings call transcript

2020 Q3

10 Nov 20

Latest ownership filings

View all

144

Notice of proposed sale of securities

25 May 23

144

Notice of proposed sale of securities

24 May 23

SC 13G/A

Itau Unibanco Holding S.A.

Capital World Investors

GENERAL ATLANTIC, L.P.

Financial summary

Financial statements Chart XP financial data

Quarter (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from XP earnings reports.

Institutional ownership, Q1 2023

XP institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	192	202	-5.0%
Opened positions	34	47	-27.7%
Closed positions	44	42	+4.8%
Increased positions	74	59	+25.4%
Reduced positions	49	68	-27.9%

13F shares	Current	Prev Q	Change
Total value	3.33 tn	4.23 tn	-21.4%
Total shares	831.41 mm	772.77 mm	+7.6%
Total puts	13.39 mm	3.68 mm	+263.8%
Total calls	3.83 mm	2.75 mm	+39.1%
Total put/call ratio	3.5	1.3	+161.5%

Largest owners	Shares	Value	Change
XPart	226.52 mm	$0.00	0.0%
XP Controle Participacoes	121.36 mm	$4.81 bn	0.0%
XP Control	103.38 mm	$1.62 bn	0.0%
ITUB Itau Unibanco Holding	55.77 mm	$0.00	NEW
Dodge & Cox	35.80 mm	$424.94 bn	+20.3%
Itausa	35.47 mm	$698.78 mm	0.0%
Capital World Investors	28.44 mm	$337.56 bn	-15.1%
General Atlantic	25.32 mm	$300.52 bn	0.0%
Mawer Investment Management	18.92 mm	$224.56 bn	+4.3%
FMR	18.46 mm	$219.12 bn	+6.3%

Largest transactions	Shares	Bought/sold	Change
ITUB Itau Unibanco Holding	55.77 mm	+55.77 mm	NEW
Tiger Global Management	7.30 mm	+7.30 mm	NEW
Dodge & Cox	35.80 mm	+6.03 mm	+20.3%
Sustainable Growth Advisers	240.52 k	-5.81 mm	-96.0%
Capital World Investors	28.44 mm	-5.06 mm	-15.1%
T. Rowe Price	10.45 mm	-4.22 mm	-28.7%
Dragoneer Investment	788.66 k	-3.87 mm	-83.1%
Ninety One UK	3.67 mm	+3.67 mm	NEW
BK Bank Of New York Mellon	4.81 mm	+3.41 mm	+244.8%
Truxt Investmentos Ltda.	4.51 mm	-2.60 mm	-36.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.