AMS Capital Ltda
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), AMS Capital Ltda reported 16 stock positions worth $198.9 million. Its top holding was Amazon.com (AMZN) at 16.3% of the portfolio, followed by Microsoft (MSFT, 13.5%) and Taiwan Semiconductor-SP ADR (TSM, 12.8%). Compared with Q3 2024, it opened 3 new positions, sold out of 4, added to 8 and reduced 5. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +3%) and the biggest sale an exit from iShares Core S&P 500 ETF (IVV).
- Most Recent 13F
- Q2 2026
- Location
- SAO PAULO, D5
- CIK
- 0001717977
- Portfolio Value
- $198.9M (Q4 2024)
- SEC Filing
- 0001717977-25-000001 ↗ filed Jan 30, 2025
Holdings Value
Holdings 16 stocks · $198.9M
| AMZN Amazon.com Inc. | 16.26% | 147,413 | $32.3M | Reduce -0.0% |
| MSFT Microsoft Corp. | 13.51% | 63,739 | $26.9M | Add +5.6% |
| TSM Taiwan Semiconductor-SP ADR | 12.83% | 129,230 | $25.5M | Add +3.1% |
| META Meta Platforms Inc. Class A | 12.57% | 42,684 | $25.0M | Reduce -8.8% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 7.62% | 1,462,977 | $15.2M | Add +41.8% |
| PGR Progressive Corp. | 5.74% | 47,645 | $11.4M | Add +18.6% |
| V Visa Inc. Class A | 4.64% | 29,176 | $9.2M | Reduce -28.7% |
| SPGI S&P Global Inc. | 4.60% | 18,374 | $9.2M | Reduce -15.8% |
| TDG Transdigm Group Inc. | 4.39% | 6,892 | $8.7M | Add +97.9% |
| VTEX Vtex Class A | 3.32% | 1,121,473 | $6.6M | Add +54.4% |
| PDD PDD Holdings Inc. | 2.81% | 57,622 | $5.6M | Add +14.3% |
| BN Brookfield Corp. | 2.78% | 96,210 | $5.5M | New |
| NVDA Nvidia Corp. | 2.78% | 41,147 | $5.5M | New |
| CPNG Coupang Inc. | 2.62% | 236,914 | $5.2M | Add +8.4% |
| WDAY Workday Inc. Class A | 1.85% | 14,275 | $3.7M | New |
| AVGO Broadcom Inc. | 1.69% | 14,474 | $3.4M | Reduce -68.2% |
Portfolio Sells Q3 2024 → Q4 2024
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −54.92 |
| QQQM Invesco Nasdaq 100 ETF | Sold out | 0.00% | −13.38 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.46 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.00 |
| AVGO Broadcom Inc. | Reduce -68.2% | 1.69% | +0.32 |
| SPGI S&P Global Inc. | Reduce -15.8% | 4.60% | +2.63 |
| V Visa Inc. Class A | Reduce -28.7% | 4.64% | +2.67 |
| META Meta Platforms Inc. Class A | Reduce -8.8% | 12.57% | +7.89 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 16.26% | +11.47 |
Portfolio Buys Q3 2024 → Q4 2024
| TSM Taiwan Semiconductor-SP ADR | Add +3.1% | 12.83% | +9.04 |
| MSFT Microsoft Corp. | Add +5.6% | 13.51% | +8.98 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +41.8% | 7.62% | +5.17 |
| PGR Progressive Corp. | Add +18.6% | 5.74% | +3.96 |
| TDG Transdigm Group Inc. | Add +97.9% | 4.39% | +3.52 |
| BN Brookfield Corp. | New | 2.78% | +2.78 |
| NVDA Nvidia Corp. | New | 2.78% | +2.78 |
| VTEX Vtex Class A | Add +54.4% | 3.32% | +2.38 |
| WDAY Workday Inc. Class A | New | 1.85% | +1.85 |
| CPNG Coupang Inc. | Add +8.4% | 2.62% | +1.68 |
| PDD PDD Holdings Inc. | Add +14.3% | 2.81% | +1.62 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $290.9M | IVV, AMZN, NVDA, TSM, GOOGL |
| Q1 2026Amended | 15 | $257.5M | IVV, NU, GOOGL, AMZN, MELI |
| Q4 2025 | 14 | $258.5M | AMZN, MSFT, IVV, META, NU |
| Q3 2025 | 13 | $244.5M | MSFT, AMZN, META, NU, IVV |
| Q2 2025 | 16 | $264.8M | MSFT, IVV, AMZN, META, NU |
| Q1 2025 | 16 | $242.7M | MSFT, IVV, AMZN, META, NU |
| Q4 2024 | 16 | $198.9M | AMZN, MSFT, TSM, META, NU |
| Q3 2024 | 17 | $573.6M | IVV, QQQM, AMZN, META, MSFT |
| Q2 2024 | 19 | $478.2M | IVV, QQQM, AMZN, MSFT, META |
| Q1 2024 | 19 | $364.8M | IVV, MSFT, AMZN, META, QQQM |