Institutional Investors' Sentiment and Actions Towards XP Unveiled

2024-03-12

XP, a company that garnered significant interest from institutional investors, was a focal point of discussion during the recent meeting. The company's shares were held by 292 hedge funds and 12 ETFs, with hedge funds owning a substantial 301,815,628 shares and ETFs holding 3,299,206 shares.

In the last quarter, the data revealed that 106 hedge funds were actively buying XP, acquiring a total of 39,125,442 shares. Conversely, 128 hedge funds were selling off XP shares, amounting to 27,445,825 shares being offloaded. Noteworthy was the fact that 35 hedge funds decided to double down on their positions in XP, signaling a strong bullish sentiment towards the company.

During the meeting, it was highlighted that Dodge & Cox, GENERAL ATLANTIC, L.P., and FMR LLC were among the top institutional holders of XP. Conversely, Sharp Capital Gestora de Recursos Ltda. and Capital World Investors were noted as the most pessimistic institutions, while BlackRock Inc. and ARROWSTREET CAPITAL, LIMITED PARTNERSHIP emerged as the most optimistic about XP's future prospects.

The data presented during the meeting was sourced from sharkstracker.com, a platform known for providing a data-driven perspective on the market. For those seeking more in-depth insights, the full report on XP can be accessed at [SharksTracker XP Report](https://www.sharkstracker.com/reports/ReportDetail12:XP/?rrr=3).