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Lumina group (AGBK) discloses 11.13M-share, 18.96% stake in AGI Inc

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Lumina Capital Management Ltda. and affiliated investment funds report beneficial ownership of 11,130,936 Class A common shares of AGI Inc, representing 18.96% of the outstanding Class A shares. These percentages are based on 58,700,711 Class A common shares outstanding as of December 31, 2025, as reported by the issuer.

The largest holder among the Lumina Funds is LCM Bigbang Fundo de Investimento em Participacoes Multiestrategia, with 8,045,726 shares, or 13.71% of the class, followed by LUMINA STRATEGIC SOLUTIONS FUND II (A) LP with 1,367,194 shares, or 2.33%. Lumina Capital acts as investment manager and may be deemed to share voting and dispositive power over these positions, while each reporting person disclaims beneficial ownership beyond its pecuniary interest.

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Beneficial ownership 11,130,936 Class A shares Aggregate Lumina group beneficial ownership of AGI Inc Class A shares
Ownership percentage 18.96% Lumina group percentage of AGI Inc Class A based on 58,700,711 shares
Shares outstanding 58,700,711 Class A shares AGI Inc Class A shares outstanding as of December 31, 2025
LCM Bigbang holdings 8,045,726 Class A shares LCM Bigbang Fundo de Investimento em Participacoes Multiestrategia stake, 13.71% of class
LSS Fund II (A) holdings 1,367,194 Class A shares LUMINA STRATEGIC SOLUTIONS FUND II (A) LP stake, 2.33% of class
Lumina Brasil Offshore holdings 814,076 Class A shares LUMINA BRASIL OFFSHORE INVESTMENTS COMPANY LP stake, 1.39% of class
beneficially owned financial
"Amount beneficially owned: The Reporting Persons own the following number of the Company's Shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting power financial
"Shared Voting Power 11,130,936.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared Dispositive Power 11,130,936.00"
Schedule 13G regulatory
"have agreed to file this jointly in accordance with the provisions of Rule 13d-1(k)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Joint Filing Agreement regulatory
"The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How much of AGI Inc (AGBK) do the Lumina entities currently own?

Lumina Capital Management Ltda. and its affiliated funds report beneficial ownership of 11,130,936 AGI Inc Class A shares, representing 18.96% of the outstanding Class A common shares, based on 58,700,711 shares outstanding as of December 31, 2025.

What is the largest single AGI Inc (AGBK) position among the Lumina Funds?

The largest position is held by LCM Bigbang Fundo de Investimento em Participacoes Multiestrategia, which owns 8,045,726 AGI Inc Class A shares, or 13.71% of the outstanding Class A common shares, as calculated from 58,700,711 shares outstanding.

How many AGI Inc (AGBK) shares does LUMINA STRATEGIC SOLUTIONS FUND II (A) LP hold?

LUMINA STRATEGIC SOLUTIONS FUND II (A) LP owns 1,367,194 AGI Inc Class A common shares, representing 2.33% of the outstanding Class A shares, using the issuer’s reported total of 58,700,711 shares outstanding as of December 31, 2025.

Does Lumina Capital have voting and dispositive power over AGI Inc (AGBK) shares?

Lumina Capital, as investment manager of the Lumina Funds, may be deemed to share voting and dispositive power over the AGI Inc Class A shares held by those funds, while each reporting person disclaims beneficial ownership except for its pecuniary interest.

What baseline share count is used to calculate Lumina’s AGI Inc (AGBK) ownership percentages?

All reported ownership percentages use a baseline of 58,700,711 AGI Inc Class A common shares outstanding as of December 31, 2025, as reported by the issuer in its annual report.

Which Lumina entities are part of the reporting group for AGI Inc (AGBK)?

The reporting group includes Lumina Capital Management Ltda. and nine affiliated funds, such as LCM Bigbang Fundo de Investimento em Participacoes Multiestrategia and multiple LUMINA STRATEGIC SOLUTIONS FUND II and Lumina Brasil Offshore vehicles, which have entered into a Joint Filing Agreement.





G0118C105

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


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SCHEDULE 13G



Lumina Capital Management Ltda.
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
LCM Bigbang Fundo de Investimento em Participacoes Multiestrategia Responsabilidade Limitada
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg/Director
Date:07/21/2026
Lumina CC-IIIA, LP
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
Lumina CC-IIIB, LP
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
Lumina CC-IIIC, LP
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
Lumina III Brasil Offshore Investments Company, LP
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
LUMINA STRATEGIC SOLUTIONS FUND II (A) LP
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
LUMINA STRATEGIC SOLUTIONS FUND II (B) LP
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
LUMINA STRATEGIC SOLUTIONS FUND II (C) LP
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
LUMINA BRASIL OFFSHORE INVESTMENTS COMPANY LP
Signature:/s/ Catarina Rodrigues
Name/Title:Catarina Rodrigues, Director
Date:07/21/2026
Signature:/s/ Daniel Goldberg
Name/Title:Daniel Goldberg, Director
Date:07/21/2026
Exhibit Information

Exhibit A. Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.