Atmos Capital Gestao DE Recursos Ltda.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Atmos Capital Gestao DE Recursos Ltda. reported 13 stock positions worth $819.8 million. Its top holding was Nu Holdings Ltd./Cayman Isl-A (NU) at 39.9% of the portfolio, followed by MercadoLibre (MELI, 21.7%) and Amazon.com (AMZN, 11.0%). Compared with Q4 2023, it sold out of 2, added to 6 and reduced 3. The biggest buy was MercadoLibre (MELI, shares +22%) and the biggest sale an exit from XP Class A (XP).

Most Recent 13F
Q2 2026
Location
Leblon - Rio de Janeiro, D5
CIK
0001832439
Portfolio Value
$819.8M (Q1 2024)
SEC Filing
0000950159-24-000160 ↗ filed May 15, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $819.8M $819.8M Q1 2024 Q2 2024: $713.5M Q2 2024 Q3 2024: $700.3M Q3 2024 Q4 2024: $461.1M Q4 2024 Q1 2025: $476.0M Q1 2025 Q2 2025: $645.3M Q2 2025 Q3 2025: $707.5M Q3 2025 Q4 2025: $660.0M Q4 2025 Q1 2026: $579.6M Q1 2026 Q2 2026: $796.4M Q2 2026

Holdings 13 stocks · $819.8M
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 39.92% 27,434,842 $327.3M Reduce -13.2%
MELI MercadoLibre Inc. 21.74% 117,893 $178.2M Add +22.2%
AMZN Amazon.com Inc. 10.99% 499,597 $90.1M Reduce -2.3%
META Meta Platforms Inc. Class A 10.61% 179,135 $87.0M Reduce -21.4%
STNE Stoneco Ltd. Class A 5.87% 2,896,117 $48.1M Add +22.8%
DLO Dlocal Ltd. 5.05% 2,813,914 $41.4M Add +0.0%
BUD Anheuser-Busch Inbev-SPN ADR 2.74% 369,522 $22.5M Add +97.0%
INTR Inter & Co. Inc. Class A 2.20% 3,159,596 $18.0M Add +2103.6%
VTEX Vtex Class A 0.27% 272,284 $2.2M Add +1.8%
IYW iShares Ustechnology ETF 0.19% 11,558 $1.6M No change
QQQ Invesco QQQ Trust Series 1 0.17% 3,127 $1.4M No change
KWEB Kranesh Csi China Internet 0.13% 40,500 $1.1M No change
CXSE Wisdomtree China Ex-St Ow 0.12% 35,930 $948K No change

Portfolio Sells Q4 2023 → Q1 2024
XP XP Inc. Class A Sold out 0.00% −21.33
LTPZ PIMCO 15+ YR US Tips Indx Sold out 0.00% −0.01
META Meta Platforms Inc. Class A Reduce -21.4% 10.61% +1.35
AMZN Amazon.com Inc. Reduce -2.3% 10.99% +2.07
NU Nu Holdings Ltd./Cayman Isl-A Reduce -13.2% 39.92% +9.71

Portfolio Buys Q4 2023 → Q1 2024
MELI MercadoLibre Inc. Add +22.2% 21.74% +4.33
INTR Inter & Co. Inc. Class A Add +2103.6% 2.20% +2.11
BUD Anheuser-Busch Inbev-SPN ADR Add +97.0% 2.74% +1.35
STNE Stoneco Ltd. Class A Add +22.8% 5.87% +0.98
VTEX Vtex Class A Add +1.8% 0.27% +0.06
DLO Dlocal Ltd. Add +0.0% 5.05% −0.67

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 16$796.4MNU, MELI, DLO, INTR, XP
Q1 2026 15$579.6MNU, MELI, AMZN, XP, MSFT
Q4 2025Amended 15$660.0MNU, MELI, XP, DLO, GOOGL
Q3 2025 16$707.5MNU, STNE, XP, MELI, TSM
Q2 2025 9$645.3MNU, XP, STNE, MELI, TSM
Q1 2025 11$476.0MSTNE, XP, MELI, META, GOOGL
Q4 2024 11$461.1MSTNE, XP, MELI, GOOGL, META
Q3 2024 11$700.3MNU, XP, STNE, MELI, AMZN
Q2 2024 13$713.5MNU, MELI, XP, AMZN, META
Q1 2024 13$819.8MNU, MELI, AMZN, META, STNE