SPX Gestao de Recursos Ltda

Comprehensive Analysis of SPX Gestao de Recursos Ltda 13F Filing

Portfolio Overview

SPX Gestao de Recursos Ltda reported a significant portfolio contraction for the period ending September 30, 2025. The total portfolio value decreased by 32.8%, dropping from $1.07 billion to $720.56 million. This reduction is attributed to a combination of asset reallocation and market movements rather than a passive drawdown, as evidenced by the high volume of trading activity. The manager cur...