Squadra Investments Increases Stake in Inter & Co, Inc. to 10.1%

Squadra Investments - Gestao de Recursos Ltda., along with Squadra Investimentos and Mr. Guilherme Mexias Ache, filed a Schedule 13G/A on May 26, 2026, disclosing a significant increase in their position in Inter & Co, Inc. (INTR). As of the event date of May 20, 2026, the reporting persons beneficially own 32,806,391 Class A common shares, representing 10.1% of the company's outstanding stock. This is a substantial increase from their previously reported position of 6,320,952 shares. The reporting persons are based in Brazil and operate as investment managers, exercising shared voting and dispositive power over the shares held through various investment funds and managed accounts. Mr. Ache maintains control over the investment managers. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. This amendment marks the fifth update to their ownership status in the company.