CIK 1832439
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 |
|---|---|---|
| Banks | 44.68% | 1 |
| Commercial Services & Supplies | 16.13% | 3 |
| Specialty Retail | 8.20% | 1 |
| Capital Markets | 7.83% | 1 |
| Software | 7.70% | 1 |
| Semiconductors & Semiconductor Equipment | 5.03% | 2 |
| Software & IT Services | 4.14% | 2 |
| Technology Hardware & Equipment | 2.34% | 1 |
| Media & Entertainment | 2.13% | 1 |
| Transportation Infrastructure | 1.70% | 1 |
| Unclassified | 0.13% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | NU | NU HOLDINGS CLASS A | Financials | 44.68% |
| 2 | MELI | MERCADOLIBRE INC | Industrials | 9.30% |
| 3 | AMZN | AMAZON COM INC | Consumer Discretionary | 8.20% |
| 4 | XP | XP CLASS A INC | Financials | 7.83% |
| 5 | MSFT | MICROSOFT CORP | Information Technology | 7.70% |
| 6 | DLO | dLocal Ltd | Industrials | 4.64% |
| 7 | NVDA | NVIDIA CORP | Information Technology | 2.57% |
| 8 | GOOGL | Alphabet Inc. | Communication Services | 2.52% |
| 9 | TSM | Taiwan Semiconductor Manufacturing Co Ltd | Information Technology | 2.46% |
| 10 | AAPL | Apple Inc. | Information Technology | 2.34% |
14/15 names classified · sector 99.9% of weight · industry 99.9% · mkt cap 40.3%; 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: 99.9% of the book is sector-classified (unclassified names shown, never dropped).
Only 38% of book weight classified — the grid is NOT representative of the whole book.
Classified: 38.1% of book weight (9/15 names) · unclassified 61.9%: NU, XP, DLO, TSM, ABNB, VTEX. 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 | NUNU HLDGS LTD | 18,019,613 | $259M | 44.7% | ADD 14% |
| 2 | MELIMERCADOLIBRE INC | 31,173 | $54M | 9.3% | TRIM −59% |
| 3 | AMZNAMAZON COM INC | 228,151 | $48M | 8.2% | ADD 348% |
| 4 | XPXP INC | 2,382,538 | $45M | 7.8% | TRIM −58% |
| 5 | MSFTMICROSOFT CORP | 120,556 | $45M | 7.7% | ADD 430% |
| 6 | DLODLOCAL LTD | 2,071,719 | $27M | 4.6% | ADD 8% |
| 7 | NVDANVIDIA CORPORATION | 85,277 | $15M | 2.6% | ADD 29% |
| 8 | GOOGLALPHABET INC | 50,716 | $15M | 2.5% | ADD 7% |
| 9 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 42,261 | $14M | 2.5% | TRIM −8% |
| 10 | AAPLAPPLE INC | 53,442 | $14M | 2.3% | ADD 7% |
| 11 | ABNBAIRBNB INC | 100,558 | $13M | 2.2% | ADD 7% |
| 12 | NFLXNETFLIX INC | 128,326 | $12M | 2.1% | ADD 7% |
| 13 | BKNGBOOKING HOLDINGS INC | 58,425 | $10M | 1.7% | ADD 2585% |
| 14 | METAMETA PLATFORMS INC | 16,436 | $9M | 1.6% | ADD 7% |
| 15 | VTEXVTEX | 193,173 | $772,692 | 0.1% | TRIM −13% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| NUNU HLDGS LTD | 4.6M | 3.3M | 12.5M | 14.3M | 15.8M | 18.0M | $259M |
| MELIMERCADOLIBRE INC | 49K | 45K | 49K | 15K | 76K | 31K | $54M |
| AMZNAMAZON COM INC | 205K | 84K | — | 65K | 51K | 228K | $48M |
| XPXP INC | 7.4M | 8.9M | 8.1M | 8.3M | 5.6M | 2.4M | $45M |
| MSFTMICROSOFT CORP | — | — | — | 29K | 23K | 121K | $45M |
| DLODLOCAL LTD | — | — | — | — | 1.9M | 2.1M | $27M |
| NVDANVIDIA CORPORATION | — | — | — | 85K | 66K | 85K | $15M |
| GOOGLALPHABET INC | 268K | 263K | — | 60K | 47K | 51K | $15M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | — | — | 135K | 59K | 46K | 42K | $14M |
| AAPLAPPLE INC | — | — | — | 63K | 50K | 53K | $14M |
| ABNBAIRBNB INC | — | — | — | — | 94K | 101K | $13M |
| NFLXNETFLIX INC | — | — | — | 6K | 120K | 128K | $12M |
| BKNGBOOKING HOLDINGS INC | — | — | — | — | 2K | 58K | $10M |
| METAMETA PLATFORMS INC | 84K | 76K | — | 20K | 15K | 16K | $9M |
| VTEXVTEX | 260K | 243K | 226K | 223K | 223K | 193K | $772,692 |
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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