Xp Inc.
A Brazilian fintech that helps everyday people invest, offering stocks, funds, fixed income, digital banking, and credit cards through its brokerage and app. It was founded in 2001 in Porto Alegre by Guilherme Benchimol and Marcelo Maisonnave, who started the firm after Benchimol was fired from a brokerage. The name "XP" was reportedly chosen for reasons the founders only fully understood years later — it is often mistaken for short for "experience."
Item 4 of the Schedule 13D is hereby amended to add the following: On July 2, 2026, XP Control LLC exercised its Repurchase Right to purchase all of the non-voting interests in XP Control LLC held indirectly by Gabriel for 4,954,867 Class A common shares (resulting from the conversion of the corresponding number of Class B common shares of the Issuer held by XP Control LLC). As a result of XP Control LLC's transfer of the Class A common shares to Gabriel's investment vehicle, the Reporting Persons' beneficial ownership of the Class A common shares decreased from 101,752,469 Class A common shares to 96,797,602 Class A common shares. In addition, if the Repurchase Right is exercised in full, the Reporting Persons' beneficial ownership of the Class A common shares may be further decreased by up to 2,815,465 Class A common shares. Except as set forth herein, the Reporting Persons have no present plans or proposals which relate to or would result in any of the matters set forth in this Item 4.
Item 4 of the Schedule 13D is hereby amended to add the following: On July 2, 2026, XP Control LLC exercised its Repurchase Right to purchase all of the non-voting interests in XP Control LLC held indirectly by Gabriel for 4,954,867 Class A common shares (resulting from the conversion of the corresponding number of Class B common shares of the Issuer held by XP Control LLC). As a result of XP Control LLC's transfer of the Class A common shares to Gabriel's investment vehicle, the Reporting Persons' beneficial ownership of the Class A common shares decreased from 101,752,469 Class A common shares to 96,797,602 Class A common shares. In addition, if the Repurchase Right is exercised in full, the Reporting Persons' beneficial ownership of the Class A common shares may be further decreased by up to 2,815,465 Class A common shares. Except as set forth herein, the Reporting Persons have no present plans or proposals which relate to or would result in any of the matters set forth in this Item 4.
| Holder | Schedule | % of class | Shares | Filed |
|---|---|---|---|---|
| ARGA Investment Management, LP | 13GPassive | 5.9% | 24.64M | Aug 13, 2026 |
| Avula Rama Krishna | 13GPassive | 5.9% | 24.64M | Aug 13, 2026 |
| BlackRock, Inc. | 13G/APassive | 9.4% | 39.07M | Jul 30, 2026 |
| XP Control LLC | 13D/AActivist | 18.7% | 96.80M | Jul 7, 2026 |
Item 4 of the Schedule 13D is hereby amended to add the following: On July 2, 2026, XP Control LLC exercised its Repurchase Right to purchase all of the non-voting interests in XP Control LLC held indirectly by Gabriel for 4,954,867 Class A common shares (resulting from the conversion of the corresponding number of Class B common shares of the Issuer held by XP Control LLC). As a result of XP Control LLC's transfer of the Class A common shares to Gabriel's investment vehicle, the Reporting Persons' beneficial ownership of the Class A common shares decreased from 101,752,469 Class A common shares to 96,797,602 Class A common shares. In addition, if the Repurchase Right is exercised in full, the Reporting Persons' beneficial ownership of the Class A common shares may be further decreased by up to 2,815,465 Class A common shares. Except as set forth herein, the Reporting Persons have no present plans or proposals which relate to or would result in any of the matters set forth in this Item 4. | ||||
| Guilherme Dias Fernandes Benchimol | 13D/AActivist | 18.7% | 96.80M | Jul 7, 2026 |
Item 4 of the Schedule 13D is hereby amended to add the following: On July 2, 2026, XP Control LLC exercised its Repurchase Right to purchase all of the non-voting interests in XP Control LLC held indirectly by Gabriel for 4,954,867 Class A common shares (resulting from the conversion of the corresponding number of Class B common shares of the Issuer held by XP Control LLC). As a result of XP Control LLC's transfer of the Class A common shares to Gabriel's investment vehicle, the Reporting Persons' beneficial ownership of the Class A common shares decreased from 101,752,469 Class A common shares to 96,797,602 Class A common shares. In addition, if the Repurchase Right is exercised in full, the Reporting Persons' beneficial ownership of the Class A common shares may be further decreased by up to 2,815,465 Class A common shares. Except as set forth herein, the Reporting Persons have no present plans or proposals which relate to or would result in any of the matters set forth in this Item 4. | ||||
| Capital World Investors | 13G/APassive | 4.6% | 19.10M | May 14, 2026 |
| GENERAL ATLANTIC, L.P. | 13D/AActivist | 5.4% | 22.76M | Dec 4, 2025 |
| General Atlantic GenPar, L.P. | 13D/AActivist | 5.4% | 22.76M | Dec 4, 2025 |
| GAP (Bermuda) L.P. | 13D/AActivist | 5.4% | 22.76M | Dec 4, 2025 |
| General Atlantic GenPar (Bermuda), L.P. | 13D/AActivist | 5.4% | 22.76M | Dec 4, 2025 |