CIK 1944332
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 | 75.61% | 2 |
| Software & IT Services | 15.00% | 1 |
| Commercial Services & Supplies | 7.14% | 1 |
| Banks | 2.25% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 69.77% |
| 2 | STNE | STONECO LTD CLASS A | Information Technology | 15.00% |
| 3 | DLO | dLocal Ltd | Industrials | 7.14% |
| 4 | XLE | SELECT SECTOR SPDR TR | Unclassified | 5.84% |
| 5 | BBD | BANK BRADESCO | Financials | 1.62% |
| 6 | NU | NU HOLDINGS CLASS A | Financials | 0.62% |
4/6 names classified · sector 24.4% of weight · industry 24.4% · mkt cap 0.0%; 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: 24.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/6 names) · unclassified 100.0%: SPY, STNE, DLO, XLE, BBD, NU. 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 | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | — | — | — | — | 151 | 7K | $4M |
| STNESTONECO LTD | — | — | — | — | — | 65K | $912,265 |
| DLODLOCAL LTD | — | — | — | — | — | 33K | $434,184 |
| XLESELECT SECTOR SPDR TR | — | — | — | 3K | — | 1K | $354,814 |
| BBDBANCO BRADESCO S A | — | 680 | — | — | — | 27K | $98,550 |
| NUNU HLDGS LTD | — | — | — | 32K | 28K | 509 | $37,960 |
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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