SCHEDULE: Dodge & Cox Amends XP Inc. Stake to 7.9%

Dodge & Cox, an investment adviser, has filed an amendment to its beneficial ownership of XP Inc.'s Class A Common Shares, reporting a 7.9% stake.

Summary

• Dodge & Cox, a California-based investment adviser, filed an Amendment No. 4 to its Schedule 13G regarding its beneficial ownership in XP Inc.
• As of June 30, 2025, Dodge & Cox beneficially owned 34,308,445 Class A Common Shares of XP Inc.
• This ownership represents 7.9% of the Class A Common Shares outstanding.
• Dodge & Cox holds sole voting power over 32,393,945 shares and sole dispositive power over all 34,308,445 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of XP Inc.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership, indicating a neutral sentiment. It does not contain positive or negative operational or financial news about the issuer, XP Inc.

Future Outlook

NA

Industry Context

This filing is a routine disclosure by a significant institutional investor, Dodge & Cox, detailing its passive ownership stake in XP Inc., a financial services company. Such filings provide transparency into major institutional holdings, which can influence market perception of a company's stability and investor confidence.

Stakeholder Impact

• Shareholders: Provides transparency on a significant institutional investor's stake, which can influence market sentiment and liquidity.
• Investment Professionals: Offers insight into the holdings of a respected investment adviser, potentially informing their own investment decisions.

Key Dates

Keywords

XP Inc., Dodge & Cox, Beneficial Ownership, Schedule 13G, Investment Adviser, Class A Common Shares, SEC Filing, Equity Stake