SCHEDULE: Capital World Investors Reports 4.6% Stake in XP Inc.

Capital World Investors has disclosed a beneficial ownership of 19,103,295 shares, representing 4.6% of XP Inc.'s common stock, as of March 31, 2026.

Summary

• Capital World Investors (CWI) has filed a Schedule 13G, indicating its beneficial ownership of XP Inc. common stock.
• As of March 31, 2026, CWI holds 19,103,295 shares of XP Inc. common stock.
• This holding represents 4.6% of the total outstanding shares, which are estimated to be 415,456,973.
• CWI has sole voting power over 19,103,284 shares and sole dispositive power over 19,103,295 shares.
• The filing confirms that CWI is not seeking to influence or change the control of XP Inc. and that the securities were acquired in the ordinary course of business.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on existing ownership stakes rather than new developments or financial performance.

Positives

• Capital World Investors, a significant investment management entity, holds a substantial stake in XP Inc., suggesting confidence in the company's long-term prospects.
• The ownership stake of 4.6% is below the threshold that typically triggers more stringent reporting requirements, indicating a passive investment approach.
• The filing explicitly states that the shares were acquired in the ordinary course of business and not for the purpose of influencing control, which is a standard certification for institutional investors.

Negatives

• The filing does not contain any negative financial information or operational concerns regarding XP Inc.

Risks

• While not explicitly stated as a risk in this filing, any significant shift in ownership by large institutional investors like Capital World Investors could potentially impact market perception and share price.
• The filing is a Schedule 13G, which is typically filed by passive investors. However, any change in CWI's investment strategy could lead to future sales or increased activity, which could pose a risk to the stock price if not managed carefully.

Future Outlook

This filing is a snapshot of ownership as of a specific date and does not contain forward-looking statements or guidance from XP Inc. itself. Capital World Investors' future actions regarding this stake are not detailed.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that XP Inc. operates in the dynamic Brazilian financial services sector, facing competition from traditional banks and other fintech platforms. Large institutional holdings, as reported by Capital World Investors, are common for established companies in this space and can signal investor confidence.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant institutional investor's stake, which can influence market perception and trading activity.
• Management of XP Inc.: The confirmation of passive investment by Capital World Investors may be viewed positively, indicating a lack of activist intent.
• Regulators: The filing fulfills SEC disclosure requirements for significant beneficial ownership.

Next Steps

• Capital World Investors will continue to monitor its investment in XP Inc. and may adjust its holdings based on market conditions and company performance.
• XP Inc. will continue its operations and financial reporting as usual, subject to market dynamics and regulatory requirements.

Key Dates

Keywords

XP Inc., Schedule 13G, Capital World Investors, Beneficial Ownership, Common Stock, Institutional Investor, Investment Management, SEC Filing, Passive Investment