AMS Capital Ltda
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), AMS Capital Ltda reported 16 stock positions worth $264.8 million. Its top holding was Microsoft (MSFT) at 15.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 13.4%) and Amazon.com (AMZN, 12.1%). Compared with Q1 2025, it opened 3 new positions, sold out of 3, added to 5 and reduced 8. The biggest buy was a new position in Adobe (ADBE) and the biggest sale an exit from Brookfield (BN).
- Most Recent 13F
- Q2 2026
- Location
- SAO PAULO, D5
- CIK
- 0001717977
- Portfolio Value
- $264.8M (Q2 2025)
- SEC Filing
- 0001717977-25-000005 ↗ filed Aug 11, 2025
Holdings Value
Holdings 16 stocks · $264.8M
| MSFT Microsoft Corp. | 15.82% | 84,223 | $41.9M | Reduce -13.0% |
| IVV iShares Core S&P 500 ETF | 13.36% | 56,983 | $35.4M | Reduce -6.8% |
| AMZN Amazon.com Inc. | 12.12% | 146,251 | $32.1M | Reduce -12.6% |
| META Meta Platforms Inc. Class A | 11.00% | 45,414 | $29.1M | Reduce -2.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 10.97% | 2,116,902 | $29.0M | Add +1.4% |
| V Visa Inc. Class A | 5.70% | 42,506 | $15.1M | Add +7.1% |
| TDG Transdigm Group Inc. | 5.57% | 9,693 | $14.7M | Add +12.6% |
| CPNG Coupang Inc. | 4.61% | 407,493 | $12.2M | Reduce -11.7% |
| NVDA Nvidia Corp. | 3.62% | 60,746 | $9.6M | Reduce -51.5% |
| VTEX Vtex Class A | 3.54% | 1,420,929 | $9.4M | Reduce -16.4% |
| PDD PDD Holdings Inc. | 3.04% | 76,996 | $8.1M | Add +40.2% |
| ADBE Adobe Inc. | 2.90% | 19,835 | $7.7M | New |
| SPGI S&P Global Inc. | 2.60% | 13,051 | $6.9M | Add +81.1% |
| MELI MercadoLibre Inc. | 2.16% | 2,185 | $5.7M | New |
| GOOGL Alphabet Inc. Class A | 1.50% | 22,500 | $4.0M | New |
| TSM Taiwan Semiconductor-SP ADR | 1.48% | 17,312 | $3.9M | Reduce -56.6% |
Portfolio Sells Q1 2025 → Q2 2025
| BN Brookfield Corp. | Sold out | 0.00% | −4.11 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −2.54 |
| NVDA Nvidia Corp. | Reduce -51.5% | 3.62% | −1.96 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -56.6% | 1.48% | −1.25 |
| AMZN Amazon.com Inc. | Reduce -12.6% | 12.12% | −1.00 |
| IVV iShares Core S&P 500 ETF | Reduce -6.8% | 13.36% | −0.79 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.41 |
| META Meta Platforms Inc. Class A | Reduce -2.1% | 11.00% | −0.02 |
| VTEX Vtex Class A | Reduce -16.4% | 3.54% | −0.01 |
| CPNG Coupang Inc. | Reduce -11.7% | 4.61% | +0.44 |
| MSFT Microsoft Corp. | Reduce -13.0% | 15.82% | +0.85 |
Portfolio Buys Q1 2025 → Q2 2025
| ADBE Adobe Inc. | New | 2.90% | +2.90 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +1.4% | 10.97% | +2.16 |
| MELI MercadoLibre Inc. | New | 2.16% | +2.16 |
| GOOGL Alphabet Inc. Class A | New | 1.50% | +1.50 |
| SPGI S&P Global Inc. | Add +81.1% | 2.60% | +1.09 |
| TDG Transdigm Group Inc. | Add +12.6% | 5.57% | +0.66 |
| PDD PDD Holdings Inc. | Add +40.2% | 3.04% | +0.37 |
| V Visa Inc. Class A | Add +7.1% | 5.70% | −0.03 |
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 |