SEC Form 13F Information Table Summary
Business Context and Reporting Period
Company: Itau Unibanco Holding S.A.
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: As of June 30, 2022
Context: This filing discloses the equity securities held by Itau Unibanco Holding S.A. at the end of the second quarter of 2022. As a Form 13F, this document details investment positions rather than the company's own operational financial performance.
Key Financial Metrics and Portfolio Composition
The filing lists specific holdings by issuer, class, CUSIP, value (in thousands), and share count. It does not provide aggregate portfolio value, total assets under management, or liquidity metrics for the reporting entity itself. Key observations from the holdings table include:
- Top Holdings by Value: Significant positions are held in Amazon.com Inc ($75,948k), Facebook Inc ($100,878k), Alphabet Inc (Class A & C combined ~$34,920k), and Microsoft Corp ($48,003k).
- Self-Holding: The entity holds a substantial position in its own preferred stock (Itau Unibanco Hldg S A SPON ADR REP PFD), with two entries totaling approximately $91,839k in value and over 21.5 million shares.
- Geographic Exposure: The portfolio includes significant exposure to Latin American markets via ADRs, including Banco Bradesco, Petrobras, Vale S.A., and America Movil.
- Derivatives: The filing includes positions in call and put options (e.g., Cisco Systems, SPDR S&P 500 ETF, Vanguard International Equity Index).
Material Changes Versus Prior Period
Data Limitation: This filing is a snapshot of holdings as of June 30, 2022. The provided text does not contain comparative data from the prior quarter (March 31, 2022) or year-over-year figures. Therefore, material changes in position size, entry, or exit cannot be calculated from this document alone.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness. No specific risk factors or contingencies regarding the portfolio are detailed in this table.
Important Facts for Investor Verification
- Valuation Basis: Values are reported in thousands of dollars (Column 4). Investors should verify the exact share counts (Column 5) against current market prices to assess current exposure.
- Voting Authority: The table distinguishes between Sole, Shared, and None voting authority. For example, the entity has "Sole" voting authority over its own preferred stock holdings but "Shared" or "None" authority over many other positions (e.g., Amazon, Facebook).
- Derivative Exposure: Investors should note the presence of call and put options (e.g., Cisco, SPDR S&P 500) which may indicate hedging strategies or leveraged bets not immediately apparent from equity holdings alone.
- Self-Ownership: The significant holding of Itau Unibanco's own preferred stock should be verified against the company's capital structure to understand the nature of this position (e.g., treasury stock, employee compensation, or strategic holding).