AMS Capital Ltda
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed December 10, 2025), AMS Capital Ltda reported 13 stock positions worth $244.5 million. Its top holding was Microsoft (MSFT) at 18.7% of the portfolio, followed by Amazon.com (AMZN, 18.6%) and Meta Platforms Class A (META, 18.4%). Compared with Q2 2025, it opened 2 new positions, sold out of 5, added to 3 and reduced 8. The biggest buy was Meta Platforms Class A (META, shares +35%) and the biggest sale an exit from Nvidia (NVDA).
- Most Recent 13F
- Q2 2026
- Location
- SAO PAULO, D5
- CIK
- 0001717977
- Portfolio Value
- $244.5M (Q3 2025)
- SEC Filing
- 0001717977-25-000008 ↗ filed Dec 10, 2025
Holdings Value
Holdings 13 stocks · $244.5M
| MSFT Microsoft Corp. | 18.72% | 88,347 | $45.8M | Add +4.9% |
| AMZN Amazon.com Inc. | 18.62% | 207,299 | $45.5M | Add +41.7% |
| META Meta Platforms Inc. Class A | 18.43% | 61,363 | $45.1M | Add +35.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 11.74% | 1,792,553 | $28.7M | Reduce -15.3% |
| IVV iShares Core S&P 500 ETF | 11.16% | 40,749 | $27.3M | Reduce -28.5% |
| V Visa Inc. Class A | 4.40% | 31,483 | $10.7M | Reduce -25.9% |
| BKNG Booking Holdings Inc. | 4.04% | 1,830 | $9.9M | New |
| PDD PDD Holdings Inc. | 3.67% | 67,854 | $9.0M | Reduce -11.9% |
| CPNG Coupang Inc. | 3.35% | 254,261 | $8.2M | Reduce -37.6% |
| TDG Transdigm Group Inc. | 2.28% | 4,238 | $5.6M | Reduce -56.3% |
| FLUT Flutter Entertainment PLC-Di | 2.07% | 19,919 | $5.1M | New |
| MELI MercadoLibre Inc. | 0.79% | 826 | $1.9M | Reduce -62.2% |
| VTEX Vtex Class A | 0.74% | 414,500 | $1.8M | Reduce -70.8% |
Portfolio Sells Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | Sold out | 0.00% | −3.62 |
| TDG Transdigm Group Inc. | Reduce -56.3% | 2.28% | −3.28 |
| ADBE Adobe Inc. | Sold out | 0.00% | −2.90 |
| VTEX Vtex Class A | Reduce -70.8% | 0.74% | −2.80 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −2.60 |
| IVV iShares Core S&P 500 ETF | Reduce -28.5% | 11.16% | −2.21 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −1.50 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −1.48 |
| MELI MercadoLibre Inc. | Reduce -62.2% | 0.79% | −1.37 |
| V Visa Inc. Class A | Reduce -25.9% | 4.40% | −1.30 |
| CPNG Coupang Inc. | Reduce -37.6% | 3.35% | −1.26 |
| PDD PDD Holdings Inc. | Reduce -11.9% | 3.67% | +0.62 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -15.3% | 11.74% | +0.77 |
Portfolio Buys Q2 2025 → Q3 2025
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 |