National Pension Service Has $16.38 Million Position in Nu Holdings Ltd. $NU

Posted by Geri Gentry on Sep 13th, 2026

National Pension Service boosted its holdings in Nu Holdings Ltd. (NYSE:NU – Free Report) by 40.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,225,677 shares of the company’s stock after acquiring an additional 353,752 shares during the quarter. National Pension Service’s holdings in NU were worth $16,375,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Morgan Stanley boosted its holdings in NU by 2.9% during the fourth quarter. Morgan Stanley now owns 121,350,701 shares of the company’s stock valued at $2,031,411,000 after purchasing an additional 3,419,077 shares in the last quarter. State Street Corp raised its holdings in shares of NU by 0.3% in the 3rd quarter. State Street Corp now owns 91,478,395 shares of the company’s stock worth $1,464,569,000 after buying an additional 239,660 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of NU by 8.6% in the 1st quarter. Bank of America Corp DE now owns 45,966,932 shares of the company’s stock worth $660,545,000 after buying an additional 3,656,945 shares in the last quarter. Norges Bank bought a new position in shares of NU during the 4th quarter worth approximately $763,792,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of NU by 11.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 42,602,086 shares of the company’s stock worth $713,160,000 after buying an additional 4,215,824 shares during the period. Institutional investors and hedge funds own 84.02% of the company’s stock.

NU News Roundup

Here are the key news stories impacting NU this week:

Positive Sentiment: U.S. banking launch creates a new growth avenue. Nu launched its U.S. offering through bank partners, initially providing high-yield savings accounts, credit cards, rewards and remittance services. The company is testing whether its low-cost, digital-first Latin American model can scale in the United States. Nubank launches high-yield savings account, credit cards, remittances in the US
Positive Sentiment: New global-account and stablecoin features could improve customer acquisition. Nu introduced a multicurrency account available across more than 35 countries, with fee-free transfers supported by Circle’s USDC and EURC stablecoins. The products could strengthen its appeal to international customers and expand payment-related revenue opportunities. Nu integrates Circle stablecoins USDC and EURC
Positive Sentiment: Needham reaffirmed its Buy rating and assigned a $19 price target. The recommendation signals continued analyst confidence in Nu’s growth prospects and valuation. Benzinga
Neutral Sentiment: Partnerships support the rollout but add execution dependence. Nu is working with Lead Bank and other financial partners to provide its U.S. banking suite, allowing a faster launch while potentially limiting near-term control over infrastructure and economics. Nu Partners With Lead Bank to Launch Full US Banking Suite
Negative Sentiment: The U.S. expansion carries meaningful uncertainty. Analysts and commentators are questioning whether Nu can replicate its Latin American growth, cross-selling and customer-acquisition economics against established banks and fintech competitors such as SoFi. The launch is promising, but significant spending and a lengthy ramp could delay earnings benefits. Nu Enters the US Market

Insider Transactions at NU

In other NU news, CEO Cristina Junqueira sold 65,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $14.71, for a total value of $956,150.00. Following the completion of the sale, the chief executive officer owned 2,542,083 shares in the company, valued at approximately $37,394,040.93. This trade represents a 2.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Henrique Camossa Sald Fragelli sold 221,707 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $15.81, for a total transaction of $3,505,187.67. Following the completion of the sale, the insider owned 979,446 shares of the company’s stock, valued at $15,485,041.26. The trade was a 18.46% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 361,707 shares of company stock worth $5,626,338. Insiders own 1.20% of the company’s stock.

NU Price Performance

Shares of NU stock opened at $14.60 on Friday. The stock’s fifty day moving average is $14.39 and its 200-day moving average is $14.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.55. The stock has a market capitalization of $70.88 billion, a PE ratio of 19.73, a PEG ratio of 0.60 and a beta of 0.94. Nu Holdings Ltd. has a 52 week low of $11.20 and a 52 week high of $18.98.

NU (NYSE:NU – Get Free Report) last announced its earnings results on Tuesday, June 30th. The company reported $0.22 earnings per share for the quarter. NU had a return on equity of 31.59% and a net margin of 18.65%.The company had revenue of $5.88 billion during the quarter. Equities research analysts expect that Nu Holdings Ltd. will post 0.86 EPS for the current fiscal year.

NU declared that its board has initiated a stock repurchase program on Thursday, June 4th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NU shares. Weiss Ratings cut NU from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Susquehanna lifted their price objective on NU from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, August 14th. Scotiabank downgraded shares of NU to a “sector perform” rating and set a $13.00 target price on the stock. in a research note on Wednesday, June 3rd. UBS Group upped their target price on shares of NU from $16.90 to $18.20 and gave the stock a “buy” rating in a report on Thursday, August 20th. Finally, JPMorgan Chase & Co. increased their target price on shares of NU from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Nine analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NU has a consensus rating of “Moderate Buy” and an average price target of $17.91.

Read Our Latest Analysis on NU

NU Company Profile

(Free Report)

Nu Holdings Ltd., operating under the Nubank brand, is a digital financial services company that provides banking, payments and credit products through mobile applications. Its offerings include digital bank accounts, credit cards, personal loans, payment services, investment products and insurance, serving consumers and small businesses.

Founded in Brazil in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nubank was established to simplify financial services and expand access to banking through technology.