VPR Management LLC
Long book
$250.2M
Q1 2026
Positions
65
Top-10 weight
71%
concentration
Last quarter
+0.4%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsVPR Management LLC is a wealth-management firm allocating client money, running a $250.2M US long book across 65 positions.
The portfolio is concentrated: the top 10 names carry 71% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES GOLD TRUST, VANGUARD FTSE DEVELOPED ETF, FLEXSHARES GLOBAL UPSTREAM N, ISHARES MSCI CANADA ETF, ISHARES MSCI BRAZIL ETF.
Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.4%
Q2 2024
+8.4%
Q3 2024
-6.8%
Q4 2024
+7.5%
Q1 2025
+9.4%
Q2 2025
+8.0%
Q3 2025
+6.0%
Q4 2025
+8.5%
Q1 2026
+0.4%
Sector allocation
Services media 22%
Energy 19%
Financials 17%
Materials 17%
Other 10%
Technology 6%
Consumer discretionary 6%
Consumer staples 3%
Long book by quarter
What does VPR Management own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MELI MERCADOLIBRE INC | Services media | 3.2K | $5.5M | 2.2% | +100.4% |
| FCX FREEPORT-MCMORAN INC | Materials | 81.0K | $4.8M | 1.9% | Held |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 285.6K | $4.1M | 1.6% | -7.2% |
| XOM EXXON MOBIL CORP | Energy | 19.2K | $3.3M | 1.3% | Held |
| CVX CHEVRON CORP | Energy | 8.7K | $1.8M | 0.7% | Held |
| CPNG COUPANG INC | Consumer discretionary | 60.0K | $1.1M | 0.5% | New |
| ARCC ARES CAPITAL CORP | — | 62.6K | $1.1M | 0.5% | +64.5% |
| JBS JBS NV-A | Consumer staples | 43.3K | $778K | 0.3% | Held |
| DLO DLOCAL LTD | Services media | 56.0K | $726K | 0.3% | New |
| XP XP INC - CLASS A | Financials | 37.1K | $706K | 0.3% | Held |
| OBDC BLUE OWL CAPITAL CORP | — | 51.4K | $568K | 0.2% | +1.8% |
| PAGS PAGSEGURO DIGITAL LTD-CL A | Technology | 56.0K | $561K | 0.2% | New |
| NVDA NVIDIA CORP | Technology | 3.0K | $523K | 0.2% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.0K | $417K | 0.2% | +100.0% |
| FSK FS KKR CAPITAL CORP | — | 36.0K | $366K | 0.1% | Held |
| COP CONOCOPHILLIPS | Energy | 2.7K | $356K | 0.1% | Held |
| MAIN MAIN STREET CAPITAL CORP | — | 6.3K | $332K | 0.1% | +1.6% |
| STNE STONECO LTD-A | Technology | 22.0K | $311K | 0.1% | Held |
| GOOG ALPHABET INC-CL C | Technology | 1.0K | $287K | 0.1% | New |
| CSWC CAPITAL SOUTHWEST CORP | — | 8.5K | $188K | 0.1% | Held |
| OCSL OAKTREE SPECIALTY LENDING CO | — | 15.8K | $178K | 0.1% | +1.7% |
| CCAP CRESCENT CAPITAL BDC INC | — | 9.0K | $109K | 0.0% | Held |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 100 | $6K | 0.0% | Held |
| PFE PFIZER INC | Healthcare | 100 | $3K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 65 | $250.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 63 | $224.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 60 | $220.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 60 | $213.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 55 | $205.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 55 | $191.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 56 | $287.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 51 | $267.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 54 | $360.4M | canonical | SEC ↗ |