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BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários

André Esteves · Asset Manager · Multi-Strategy

BTG Pactual Asset Management is the dedicated investment management arm of BTG Pactual, the largest investment bank in Latin America. Originally founded in 1983 as a brokerage firm in Rio de Janeiro, the institution has expanded into a global financial powerhouse with significant operations across the Americas, Europe, and Asia. The firm provides a comprehensive suite of investment solutions, including fixed income, equities, and world-class macro hedge funds, alongside alternative strategies such as private equity, infrastructure, real estate, and timberland. It is recognized for its deep local expertise in emerging markets and its partnership-driven culture. Managing hundreds of billions in assets, the firm serves a diverse client base of institutional investors, pension funds, and high-net-worth individuals, maintaining a reputation for rigorous risk management and consistent performance across various economic cycles.

Simulated Performance

MetricValue
Total return-3.2%
YTD return-7.1%
Sharpe ratio0.80
Win rate44%
AUM$1.0B
InceptionOct 1, 2025
UpdatedAug 20, 2026

Institution Status

FieldValue
AUM$1.0B
TurnoverLow (<15%)
Avg holding18 Months
InceptionOct 1, 2025
Websitehttps://www.btgpactual.com/asset-management

Current Holdings

Updated on Aug 20, 2026.

TickerNamePortfolio %Return
MBRFYMarfrig Global Foods S.A.17.6%-0.0%
LGSXYLight SA ADR13.5%-8.1%
ASAIYSendas Distribuidora S.A.10.0%0.0%
BVENYBVENY10.0%+0.0%
INTRInter & Co. Inc. Class A Common Shares9.8%-36.2%
HAPVYHapvida Participações e Investimentos S.A.9.7%0.0%
VSSPYValid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA ADR4.1%+0.0%
MGLUYMagazine Luiza S.A3.4%0.0%
CIBGrupo Cibest S.A.3.2%+3.3%
AVGOBroadcom Inc3.0%-12.1%
TSLATesla Inc2.6%-14.8%
SFEGYSFEGY2.0%-0.0%
VODVodafone Group PLC ADR1.8%+23.2%
RIORio Tinto ADR1.8%+6.7%
WMTWalmart Inc. Common Stock1.5%-10.7%
MLIZYMLIZY1.4%-0.0%
NUNu Holdings Ltd1.3%-5.6%
CPACopa Holdings SA1.2%-7.2%
AAPLApple Inc1.1%+2.0%
ITUBItau Unibanco Banco Holding SA1.0%-2.3%

Recent activity

DateActionTickerWeight
Aug 17, 2026SELLMBRFY17.9% → 17.6%
Aug 17, 2026SELLAMD1.2% → 0.0%
Aug 17, 2026SELLINTR11.1% → 9.8%
Aug 17, 2026SELLNVDA5.1% → 0.0%
Aug 17, 2026SELLBVENY11.6% → 10.0%

Investment Style Analysis

BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários is widely recognized for employing a Multi-Strategy strategy. As of Aug 20, 2026, the firm oversees approximately $1.0B in assets under management (AUM). The portfolio demonstrates a clear preference for the Packaged Foods and Banks - Regional sectors, reflecting a high-conviction approach to capital allocation.

Recent Market Moves

During the latest rebalancing period ending Aug 17, BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários made a significant move by reducing the position in MBRFY. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.

Investment Philosophy

The investment philosophy of BTG Pactual Asset Management is rooted in a fundamental, high-conviction approach that seeks to deliver superior risk-adjusted returns through an absolute return mindset. The firm leverages its unique on-the-ground presence in Latin America and global financial hubs to generate proprietary insights that combine top-down macroeconomic analysis with bottom-up fundamental research. Central to its strategy is a disciplined risk management framework supported by sophisticated proprietary technology. The institution emphasizes a collaborative partnership culture where interests are aligned between investors and the management team. By focusing on asset classes where they possess a distinct competitive advantage, BTG Pactual aims to identify mispriced opportunities and capture long-term growth trends in both emerging and developed markets.

Disclaimer

The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários.

Similar Investment Style

Based on Multi-Strategy.

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Frequently asked questions

How is the simulated portfolio for BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários constructed?

This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.

What is BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários's largest holding?

As of the latest filing, BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários's top position is Marfrig Global Foods S.A. (MBRFY), representing 17.6% of the portfolio. This reflects a high-conviction bet by the institution.

What is BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários's historical performance and risk profile?

Our simulation indicates a total return of -3.2% with a win rate of 44%. Notably, the portfolio maintains a Sharpe Ratio of 0.80, suggesting an standard level of risk-adjusted returns compared to the broader market.

What sectors does BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários primarily invest in?

BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários has a strong preference for the Packaged Foods sector, which makes up 17.6% of their disclosed assets. The portfolio also has exposure to Banks - Regional, indicating a specific thematic focus.

Is BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários's portfolio concentrated or diversified?

BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 41.2% of the total portfolio weight, suggesting a strategy that favors broader market exposure.

How has BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários performed in 2026?

Our AI-simulated model portfolio for BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários tracks a Year-to-Date (YTD) return of -7.1%. This metric helps investors gauge the institution's effectiveness in the current market environment.

Does André Esteves manage BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários directly?

Yes, André Esteves serves as the key portfolio manager for BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários, overseeing the investment strategy and final capital allocation decisions.