CIK 1589176
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 42.14% | 18 |
| Software & IT Services | 9.95% | 3 |
| Metals & Mining | 9.87% | 6 |
| Banks | 9.16% | 11 |
| Utilities | 6.55% | 10 |
| Semiconductors & Semiconductor Equipment | 5.59% | 4 |
| Oil, Gas & Consumable Fuels | 4.79% | 3 |
| Airlines | 3.63% | 1 |
| Aerospace & Defense | 2.39% | 3 |
| Capital Markets | 2.26% | 2 |
| Specialty Retail | 1.09% | 1 |
| Household Durables | 0.92% | 1 |
| Diversified Telecommunication Services | 0.71% | 1 |
| Commercial Services & Supplies | 0.71% | 2 |
| Chemicals | 0.19% | 1 |
| Paper & Forest Products | 0.04% | 1 |
| Beverages | 0.02% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PBR.A | PETROLEO BRASILEIRO SA PETRO | Unclassified | 10.74% |
| 2 | XLP | SELECT SECTOR SPDR TR | Unclassified | 10.01% |
| 3 | STNE | STONECO LTD CLASS A | Information Technology | 9.09% |
| 4 | VALE | Vale S.A. | Materials | 7.34% |
| 5 | MCHI | ISHARES TR MSCI CHINA ETF | Unclassified | 4.55% |
| 6 | VINP | VINCI COMPASS INVESTMENTS LT | Unclassified | 4.11% |
| 7 | ARCO | ARCOS DORADOS HOLDINGS INC | Unclassified | 4.09% |
| 8 | NVDA | NVIDIA CORP | Information Technology | 3.82% |
| 9 | LTM | LATAM AIRLINES GROUP S.A. | Industrials | 3.63% |
| 10 | BBD | BANK BRADESCO | Financials | 3.36% |
51/69 names classified · sector 57.9% of weight · industry 57.9% · mkt cap 10.3%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 57.9% of the book is sector-classified (unclassified names shown, never dropped).
Only 8% of book weight classified — the grid is NOT representative of the whole book.
Classified: 8.2% of book weight (13/67 names) · unclassified 91.8%: PBR.A, XLP, STNE, VALE, MCHI, VINP, ARCO, LTM, BBD, NU +44 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | PBR.APETROLEO BRASILEIRO SA PETRO | 6,874,705 | $129M | 10.7% | ADD 486% |
| 2 | XLPSELECT SECTOR SPDR TR | 1,466,111 | $120M | 10.0% | NEW |
| 3 | STNESTONECO LTD | 7,728,014 | $109M | 9.1% | ADD 48% |
| 4 | VALEVALE S A | 5,539,608 | $88M | 7.3% | ADD 1302% |
| 5 | MCHIISHARES TR MSCI CHINA ETF | 972,000 | $55M | 4.5% | NEW |
| 6 | VINPVINCI COMPASS INVESTMENTS LT | 4,672,173 | $49M | 4.1% | ADD 17% |
| 7 | ARCOARCOS DORADOS HOLDINGS INC | 5,949,286 | $49M | 4.1% | TRIM −21% |
| 8 | NVDANVIDIA CORPORATION | 263,200 | $46M | 3.8% | ADD 1715% |
| 9 | LTMLATAM AIRLINES GROUP SA | 881,976 | $44M | 3.6% | ADD 169% |
| 10 | BBDBANCO BRADESCO S A | 11,051,974 | $40M | 3.4% | ADD 222% |
| 11 | NUNU HLDGS LTD | 2,569,755 | $37M | 3.1% | NEW |
| 12 | PBRPETROLEO BRASILEIRO S A | 1,732,842 | $36M | 3.0% | TRIM −65% |
| 13 | TGSTRANSPORTADORA DE GAS SUR | 1,025,136 | $35M | 3.0% | TRIM −15% |
| 14 | INTRINTER & CO INC | 4,023,802 | $32M | 2.7% | ADD 1059% |
| 15 | CPACOPA HOLDINGS SA | 224,792 | $26M | 2.1% | TRIM −43% |
| 16 | BAPCREDICORP LTD | 67,403 | $23M | 1.9% | TRIM −66% |
| 17 | XPXP INC | 1,187,073 | $23M | 1.9% | TRIM −72% |
| 18 | EMBJEMBRAER S.A. | 353,289 | $21M | 1.7% | NEW |
| 19 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 59,271 | $20M | 1.7% | NEW |
| 20 | EWZISHARES INC MSCI BRAZIL ETF | 493,168 | $19M | 1.6% | NEW |
| 21 | BPBP PLC | 354,344 | $17M | 1.4% | TRIM −32% |
| 22 | GGBGERDAU SA | 4,254,223 | $15M | 1.3% | TRIM −13% |
| 23 | PAMPAMPA ENERGIA S A | 163,643 | $14M | 1.2% | NEW |
| 24 | AMZNAMAZON COM INC | 62,640 | $13M | 1.1% | ADD 93% |
| 25 | SNSHARKNINJA INC | 104,170 | $11M | 0.9% | HOLD |
| 26 | ELPCCOMPANHIA PARANAENSE DE ENER | 902,109 | $11M | 0.9% | HOLD |
| 27 | AAAlcoa Upstream Corp. | 155,300 | $10M | 0.9% | NEW |
| 28 | TEOTELECOM ARGENTINA SA | 732,697 | $9M | 0.7% | NEW |
| 29 | CPAYCORPAY INC | 29,260 | $9M | 0.7% | HOLD |
| 30 | AXIA.PCCENTRAIS ELET BRAS SA | 669,035 | $7M | 0.6% | HOLD |
| 31 | OIHVANECK ETF TRUST | 16,500 | $7M | 0.6% | NEW |
| 32 | CEPUCENTRAL PUERTO S A | 361,495 | $6M | 0.5% | NEW |
| 33 | EVEXEVE HLDG INC | 2,293,630 | $6M | 0.5% | TRIM −19% |
| 34 | GRNDGRINDR INC | 455,800 | $6M | 0.5% | ADD 13% |
| 35 | SBSCOMPANHIA DE SANEAMENTO BASI | 177,950 | $5M | 0.5% | TRIM −49% |
| 36 | SHELSHELL PLC | 52,300 | $5M | 0.4% | NEW |
| 37 | METAMETA PLATFORMS INC | 8,480 | $5M | 0.4% | ADD 90% |
| 38 | RIORIO TINTO PLC | 48,650 | $5M | 0.4% | TRIM −90% |
| 39 | OWLBLUE OWL CAPITAL INC | 489,660 | $4M | 0.4% | HOLD |
| 40 | LUXELUXEXPERIENCE BV | 523,410 | $4M | 0.3% | HOLD |
| 41 | CANTOR EQUITY PARTNERS II IN | 305,000 | $3M | 0.3% | HOLD |
| 42 | CANTALOUPE INC | 298,600 | $3M | 0.3% | HOLD |
| 43 | CORZCORE SCIENTIFIC INC NEW | 205,350 | $3M | 0.3% | ADD 96% |
| 44 | UGPULTRAPAR PARTICIPACOES S A | 519,126 | $3M | 0.2% | TRIM −11% |
| 45 | TLNTALEN ENERGY CORP | 7,490 | $2M | 0.2% | TRIM −21% |
| 46 | SOLSSOLSTICE ADVANCED MATLS INC | 29,600 | $2M | 0.2% | NEW |
| 47 | PGYPAGAYA TECHNOLOGIES LTD | 180,100 | $2M | 0.2% | ADD 50% |
| 48 | TDGTRANSDIGM GROUP INC | 1,780 | $2M | 0.2% | ADD 27% |
| 49 | BSACBANCO SANTANDER CHILE NEW | 56,479 | $2M | 0.2% | NEW |
| 50 | CIBGRUPO CIBEST SA | 16,242 | $1M | 0.1% | NEW |
| 51 | NYAXNAYAX LTD | 20,524 | $1M | 0.1% | TRIM −14% |
| 52 | JBLJabil Circuit, Inc. | 4,000 | $1M | 0.1% | NEW |
| 53 | IRENIREN LIMITED | 28,950 | $992,406 | 0.1% | ADD 65% |
| 54 | FXIISHARES TR | 25,370 | $910,783 | 0.1% | HOLD |
| 55 | CIGCIA ENERGETICA DE MINAS GERA | 368,223 | $880,053 | 0.1% | ADD 4% |
| 56 | BSBRBANCO SANTANDER BRASIL S A | 86,883 | $515,216 | 0.0% | ADD 59% |
| 57 | SUZSUZANO S A | 49,917 | $499,669 | 0.0% | TRIM −57% |
| 58 | CENTRAIS ELET BRAS SA | 30,376 | $380,611 | 0.0% | TRIM −11% |
| 59 | ABEVAMBEV SA | 70,408 | $205,591 | 0.0% | HOLD |
| 60 | ENICENEL CHILE S.A. | 42,596 | $167,828 | 0.0% | TRIM −39% |
| 61 | STLDSTEEL DYNAMICS INC | 419 | $75,420 | 0.0% | NEW |
| 62 | MUMICRON TECHNOLOGY INC | 215 | $72,636 | 0.0% | TRIM −100% |
| 63 | EWZSISHARES TR | 3,617 | $53,568 | 0.0% | NEW |
| 64 | BCHBANCO DE CHILE | 1,443 | $53,449 | 0.0% | NEW |
| 65 | AXIACENTRAIS ELET BRAS SA | 1,285 | $14,495 | 0.0% | HOLD |
| 66 | IFSINTERCORP FINL SVCS INC | 200 | $10,040 | 0.0% | NEW |
| 67 | BRBIBRBI BR PARTNERS S A | 525 | $7,817 | 0.0% | NEW |
| 68 | BABAALIBABA GROUP HLDG LTD | 16 | $2,007 | 0.0% | TRIM −100% |
| 69 | SCCOSOUTHERN COPPER CORP | 1 | $172 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| PBR/APETROLEO BRASILEIRO SA PETRO | 585K | 1.2M | 1.7M | 1.7M | 1.2M | 6.9M | $129M |
| XLPSELECT SECTOR SPDR TR | — | — | — | — | — | 1.5M | $120M |
| STNESTONECO LTD | 1.8M | — | 477K | 453K | 5.2M | 7.7M | $109M |
| VALEVALE S A | 3.5M | 5.4M | 2.7M | 11.1M | 395K | 5.5M | $88M |
| MCHIISHARES TR MSCI CHINA ETF | — | — | — | — | — | 972K | $55M |
| VINPVINCI COMPASS INVESTMENTS LT | 3.4M | 3.5M | 3.8M | 4.0M | 4.0M | 4.7M | $49M |
| ARCOARCOS DORADOS HOLDINGS INC | — | 2.5M | 4.5M | 6.3M | 7.6M | 5.9M | $49M |
| NVDANVIDIA CORPORATION | — | 35K | 47K | 89K | 15K | 263K | $46M |
| LTMLATAM AIRLINES GROUP SA | — | 188K | 23K | 935K | 328K | 882K | $44M |
| BBDBANCO BRADESCO S A | — | 9K | 3.9M | 5.8M | 3.4M | 11.1M | $40M |
| NUNU HLDGS LTD | — | — | — | 654K | — | 2.6M | $37M |
| PBRPETROLEO BRASILEIRO S A | 1.6M | 1.5M | 5.0M | 7.9M | 4.9M | 1.7M | $36M |
| TGSTRANSPORTADORA DE GAS SUR | — | — | 837K | 578K | 1.2M | 1.0M | $35M |
| INTRINTER & CO INC | 186K | 14K | — | 2.1M | 347K | 4.0M | $32M |
| CPACOPA HOLDINGS SA | 389K | 448K | 434K | 407K | 394K | 225K | $26M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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