Kapitalo Investimentos Ltda
Net buyer this quarter
$1.58B
45
+$530M
47.7%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 SPY | $150M | 9.53% | Not reported | Not reported | Q1 2025 |
 TSLA | $126M | 8.01% | 0.01% | New | Q2 2026 |
 AMZN | $109M | 6.94% | 0.00% | +87.4% | Q1 2021 |
 TSM | $87.4M | 5.54% | 0.00% | +3726.4% | Q2 2022 |
 NVDA | $74.2M | 4.71% | 0.00% | +61.8% | Q2 2023 |
 META | $67.9M | 4.31% | Not reported | +174.1% | Q1 2020 |
| EA | $38M | 2.41% | Not reported | -13.0% | Q4 2023 |
 VST | $36.2M | 2.30% | 0.07% | +4.8% | Q2 2023 |
 NFLX | $34.3M | 2.17% | 0.01% | Not reported | Q1 2023 |
 ERO | $28.8M | 1.83% | 1.03% | Not reported | Q4 2023 |
 PLTR | $25.7M | 1.63% | 0.01% | Not reported | Q3 2023 |
 WBD | $23.3M | 1.47% | 0.03% | +101.5% | Q1 2026 |
 TECK | $21M | 1.33% | Not reported | Not reported | Q2 2021 |
 EMBJ | $16.5M | 1.05% | 0.04% | +97.5% | Q2 2019 |
| AXIAY | $13.4M | 0.85% | Not reported | +578.7% | Q4 2022 |
 SUZ | $13.3M | 0.84% | 0.14% | +56.1% | Q3 2021 |
 MA | $12.8M | 0.81% | 0.00% | +3889.9% | Q2 2020 |
 RIO | $12.1M | 0.77% | 0.01% | Not reported | Q2 2023 |
 YPF | $11.7M | 0.74% | 0.07% | Not reported | Q4 2022 |
 VALE | $11.5M | 0.73% | 0.02% | +16.6% | Q3 2019 |
 MSFT | $10.9M | 0.69% | 0.00% | -24.3% | Q4 2020 |
 SPGI | $10.9M | 0.69% | 0.01% | +3563.8% | Q2 2023 |
 NU | $10.8M | 0.69% | Not reported | +16.7% | Q1 2026 |
 COF | $10M | 0.63% | 0.01% | Not reported | Q1 2023 |
 AES | $9.07M | 0.58% | 0.09% | -56.3% | Q3 2023 |
 DBRG | $8.06M | 0.51% | 0.28% | +13.4% | Q1 2026 |
 SE | $6.93M | 0.44% | 0.04% | +1597.5% | Q1 2026 |
 GGB | $5.66M | 0.36% | 0.20% | -47.5% | Q3 2019 |
 LOMA | $4.33M | 0.27% | 0.06% | Not reported | Q4 2018 |
 BHF | $4.27M | 0.27% | 0.12% | Not reported | Q1 2026 |
 UGP | $3.91M | 0.25% | 0.07% | -14.9% | Q3 2025 |
 XP | $3.67M | 0.23% | Not reported | Not reported | Q4 2019 |
 EVEX | $2.76M | 0.18% | 0.32% | Not reported | Q4 2022 |
 MCO | $2.67M | 0.17% | 0.00% | Not reported | Q2 2023 |
| WBS | $2.15M | 0.14% | 0.02% | -45.9% | Q4 2022 |
 DASH | $2.01M | 0.13% | Not reported | Not reported | Q4 2023 |
 V | $1.7M | 0.11% | 0.00% | +362.8% | Q2 2020 |
 AAPL | $1.68M | 0.11% | 0.00% | +29.7% | Q2 2023 |
 VIV | $1.63M | 0.10% | 0.00% | Not reported | Q2 2025 |
 MU | $1.15M | 0.07% | 0.00% | Not reported | Q2 2019 |
 KVUE | $1.11M | 0.07% | 0.00% | +3.6% | Q3 2023 |
 MELI | $772K | 0.05% | 0.00% | Not reported | Q2 2019 |
 SBS | $559K | 0.04% | 0.00% | -88.5% | Q2 2019 |
 TSLX | $345K | 0.02% | 0.02% | New | Q2 2026 |
 DIS | $310K | 0.02% | 0.00% | Not reported | Q4 2023 |
| Q1 2026 | |||||
| AMZN | $51M | 9.60% | 0.00% | -56.6% | Q1 2021 |
| EA | $43.5M | 8.18% | Not reported | +122.0% | Q4 2023 |
| NVDA | $40M | 7.53% | 0.00% | Not reported | Q2 2023 |
| VST | $32.7M | 6.16% | 0.06% | +107.5% | Q2 2023 |
| GTLS | $29.6M | 5.58% | 0.30% | New | Q1 2026 |
| ERO | $28.7M | 5.40% | 1.03% | Not reported | Q4 2023 |
| META | $25.2M | 4.74% | Not reported | -22.3% | Q1 2020 |
| HOLX | $21.4M | 4.03% | 0.13% | Not reported | Q1 2023 |
| AES | $19.9M | 3.75% | 0.20% | Not reported | Q3 2023 |
| TECK | $18.3M | 3.44% | Not reported | +16.5% | Q2 2021 |
| MSFT | $14.3M | 2.70% | 0.00% | -45.7% | Q4 2020 |
| RIO | $11.9M | 2.24% | 0.01% | Not reported | Q2 2023 |
| YPF | $11.9M | 2.24% | 0.07% | +0.2% | Q4 2022 |
| WBD | $11.9M | 2.24% | 0.02% | New | Q1 2026 |
| SUZ | $11M | 2.06% | 0.09% | +39.6% | Q3 2021 |
| VALE | $10.5M | 1.97% | 0.02% | Not reported | Q3 2019 |
| NU | $10M | 1.88% | Not reported | New | Q1 2026 |
| GGB | $9.62M | 1.81% | 0.37% | Not reported | Q3 2019 |
| EMBJ | $7.79M | 1.46% | 0.02% | +32.0% | Q2 2019 |
| CWAN | $7.67M | 1.44% | Not reported | Not reported | Q4 2023 |
| DBRG | $6.94M | 1.31% | 0.25% | New | Q1 2026 |
| CSGS | $6.16M | 1.16% | 0.27% | New | Q1 2026 |
| SBS | $5.14M | 0.97% | 0.02% | Not reported | Q2 2019 |
| UGP | $5.04M | 0.95% | 0.09% | +4.6% | Q3 2025 |
| XP | $4.3M | 0.81% | Not reported | Not reported | Q4 2019 |
| LOMA | $4.2M | 0.79% | 0.06% | -0.6% | Q4 2018 |
| BHF | $4.04M | 0.76% | 0.12% | New | Q1 2026 |
| WBS | $3.6M | 0.68% | 0.03% | Not reported | Q4 2022 |
| EVEX | $2.73M | 0.51% | 0.32% | Not reported | Q4 2022 |
 PBR | $2.15M | 0.40% | 0.00% | Not reported | Q1 2021 |
| AXIAY | $2.11M | 0.40% | Not reported | +146.9% | Q4 2022 |
| VIV | $1.97M | 0.37% | 0.00% | -65.2% | Q2 2025 |
| TSM | $1.62M | 0.30% | 0.00% | -37.6% | Q2 2022 |
 SLAB | $1.43M | 0.27% | 0.02% | Not reported | Q1 2023 |
| AAPL | $1.14M | 0.21% | 0.00% | Not reported | Q2 2023 |
 DELL | $1.02M | 0.19% | 0.00% | Not reported | Q1 2023 |
| KVUE | $965K | 0.18% | 0.00% | -97.2% | Q3 2023 |
| ACLX | $916K | 0.17% | 0.01% | New | Q1 2026 |
| SE | $353K | 0.07% | 0.00% | New | Q1 2026 |
 BKNG | $345K | 0.06% | 0.00% | Not reported | Q4 2018 |
| V | $323K | 0.06% | 0.00% | -90.0% | Q2 2020 |
| SPGI | $317K | 0.06% | 0.00% | Not reported | Q2 2023 |
| MA | $312K | 0.06% | 0.00% | -89.9% | Q2 2020 |
| DIS | $310K | 0.06% | 0.00% | -90.2% | Q4 2023 |
| Q4 2025 | |||||
| AMZN | $130M | 24.95% | 0.01% | +20.2% | Q1 2021 |
| META | $37.4M | 7.16% | Not reported | +2199.7% | Q1 2020 |
| MSFT | $34.5M | 6.61% | 0.00% | +13.1% | Q4 2020 |
| KVUE | $34.5M | 6.60% | 0.10% | +25.0% | Q3 2023 |
| ERO | $30.5M | 5.83% | 1.03% | Not reported | Q4 2023 |
| EA | $19.6M | 3.76% | Not reported | Not reported | Q4 2023 |
| VST | $16.9M | 3.24% | 0.03% | Not reported | Q2 2023 |
| TECK | $14.5M | 2.78% | Not reported | Not reported | Q2 2021 |
| RIO | $10.2M | 1.96% | 0.01% | Not reported | Q2 2023 |
| YPF | $9.29M | 1.78% | 0.07% | -0.2% | Q4 2022 |
| SUZ | $7.33M | 1.40% | 0.06% | +249.4% | Q3 2021 |
 EXK | $6.54M | 1.25% | 0.02% | Not reported | Q3 2023 |
| EMBJ | $6.4M | 1.22% | 0.01% | +9.1% | Q2 2019 |
| LOMA | $4.93M | 0.94% | 0.07% | -1.3% | Q4 2018 |
| EVEX | $4.39M | 0.84% | 0.32% | Not reported | Q4 2022 |
| VIV | $4.21M | 0.81% | 0.01% | Not reported | Q2 2025 |
| V | $3.76M | 0.72% | 0.00% | -55.4% | Q2 2020 |
| DIS | $3.73M | 0.71% | 0.00% | -55.6% | Q4 2023 |
| XP | $3.69M | 0.71% | Not reported | Not reported | Q4 2019 |
| MA | $3.52M | 0.67% | 0.00% | Not reported | Q2 2020 |
| UGP | $3.3M | 0.63% | 0.08% | +350.7% | Q3 2025 |
| TGNA | $3.27M | 0.63% | Not reported | New | Q4 2025 |
 UNH | $2.91M | 0.56% | 0.00% | -0.5% | Q2 2023 |
 TEAM | $2.57M | 0.49% | Not reported | 0.0% | Q3 2025 |
| DAY | $2.37M | 0.45% | 0.02% | Not reported | Q1 2023 |
 TXNM | $2.35M | 0.45% | 0.04% | Not reported | Q1 2023 |
| TSM | $2.33M | 0.45% | 0.00% | -91.1% | Q2 2022 |
 ABEV | $1.6M | 0.31% | 0.00% | -63.7% | Q4 2018 |
| AXIAY | $695K | 0.13% | Not reported | -58.9% | Q4 2022 |
 ZM | $253K | 0.05% | Not reported | Not reported | Q2 2024 |
 GGAL | $203K | 0.04% | Not reported | -96.6% | Q3 2025 |
 SID | $90.8K | 0.02% | 0.00% | Not reported | Q3 2019 |
| Q3 2025 | |||||
| AMZN | $103M | 19.21% | 0.00% | -0.6% | Q1 2021 |
| MSFT | $32.7M | 6.09% | 0.00% | +1579.8% | Q4 2020 |
| KVUE | $26M | 4.83% | 0.08% | Not reported | Q3 2023 |
| TSM | $23.9M | 4.45% | 0.00% | -13.2% | Q2 2022 |
| ERO | $21.8M | 4.06% | 1.04% | +86.1% | Q4 2023 |
 NXE | $15.1M | 2.81% | 0.30% | +5.0% | Q3 2024 |
| TECK | $13.3M | 2.47% | Not reported | Not reported | Q2 2021 |
| DIS | $8.46M | 1.58% | 0.00% | +64.6% | Q4 2023 |
| RIO | $8.43M | 1.57% | 0.01% | Not reported | Q2 2023 |
| V | $8.21M | 1.53% | 0.00% | Not reported | Q2 2020 |
| ALE | $7.66M | 1.43% | 0.20% | -46.7% | Q4 2024 |
 CCJ | $7.45M | 1.39% | 0.02% | +2.6% | Q1 2022 |
 APO | $6.39M | 1.19% | 0.01% | Not reported | Q1 2021 |
| YPF | $6.26M | 1.16% | 0.07% | Not reported | Q4 2022 |
| GGB | $5.96M | 1.11% | 0.27% | Not reported | Q3 2019 |
| EMBJ | $5.51M | 1.03% | 0.01% | +412.4% | Q2 2019 |
| IPG | $5.42M | 1.01% | 0.05% | Not reported | Q1 2023 |
| SBS | $5.14M | 0.96% | 0.03% | -56.6% | Q2 2019 |
| XP | $4.24M | 0.79% | Not reported | Not reported | Q4 2019 |
| EVEX | $4.19M | 0.78% | 0.37% | +120.0% | Q4 2022 |
| ABEV | $3.98M | 0.74% | 0.01% | +216.3% | Q4 2018 |
| VALE | $3.13M | 0.58% | 0.01% | Not reported | Q3 2019 |
| GGAL | $3.09M | 0.57% | Not reported | New | Q3 2025 |
| UNH | $3.06M | 0.57% | 0.00% | Not reported | Q2 2023 |
| LOMA | $2.84M | 0.53% | 0.07% | +1.9% | Q4 2018 |
| TEAM | $2.53M | 0.47% | Not reported | New | Q3 2025 |
| SUZ | $2.11M | 0.39% | 0.02% | -67.7% | Q3 2021 |
| CSAN | $1.92M | 0.36% | 0.02% | +280.1% | Q2 2023 |
 BMA | $1.89M | 0.35% | 0.01% | Not reported | Q1 2023 |
| AXIAY | $1.83M | 0.34% | Not reported | -43.7% | Q4 2022 |
| META | $1.81M | 0.34% | Not reported | -2.8% | Q1 2020 |
 SUPV | $1.09M | 0.20% | Not reported | Not reported | Q1 2023 |
 NOW | $949K | 0.18% | 0.00% | -41.1% | Q4 2023 |
 BBAR | $918K | 0.17% | 0.02% | New | Q3 2025 |
| UGP | $796K | 0.15% | 0.02% | New | Q3 2025 |
| PBT | $560K | 0.10% | Not reported | +160.8% | Q2 2025 |
 BAK | $375K | 0.07% | 0.03% | -88.5% | Q4 2024 |
 FF | $343K | 0.06% | 0.20% | +7.0% | Q2 2025 |
| AAPL | $302K | 0.06% | 0.00% | Not reported | Q2 2023 |
 NMRK | $249K | 0.05% | Not reported | New | Q3 2025 |
 CF | $229K | 0.04% | 0.00% | Not reported | Q1 2023 |
 PARR | $223K | 0.04% | 0.01% | -44.9% | Q2 2025 |
 VIST | $202K | 0.04% | 0.01% | New | Q3 2025 |
 ACI | $180K | 0.03% | 0.00% | -64.3% | Q1 2023 |
 BRLT | $94.1K | 0.02% | 0.47% | +234.0% | Q2 2025 |
 SKIN | $91.1K | 0.02% | 0.04% | +45.1% | Q2 2025 |
| SID | $85.2K | 0.02% | 0.00% | Not reported | Q3 2019 |
 TTI | $66.7K | 0.01% | 0.01% | -78.2% | Q2 2025 |
 HPP | $57.6K | 0.01% | 0.01% | New | Q3 2025 |
 CHGG | $54.9K | 0.01% | 0.03% | New | Q3 2025 |