Atmos Capital Gestao DE Recursos Ltda. In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Atmos Capital Gestao DE Recursos Ltda. reported 13 stock positions worth $713.5 million . Its top holding was Nu Holdings Ltd./Cayman Isl-A (NU) at 36.0% of the portfolio, followed by MercadoLibre (MELI, 20.3% ) and XP Class A (XP, 10.8% ). Compared with Q1 2024, it opened 1 new position, sold out of 1, added to 1 and reduced 7. The biggest buy was a new position in XP Class A (XP) and the biggest sale Nu Holdings Ltd./Cayman Isl-A (NU, shares −27% ).
Location Leblon - Rio de Janeiro, D5
CIK 0001832439
Portfolio Value $713.5M (Q2 2024) Holdings 13 stocks · $713.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 19,948,866 $257.1M Reduce -27.3% MELI MercadoLibre Inc. 88,109 $144.8M Reduce -25.3% XP XP Inc. Class A 4,369,850 $76.9M New AMZN Amazon.com Inc. 396,056 $76.5M Reduce -20.7% META Meta Platforms Inc. Class A 128,363 $64.7M Reduce -28.3% STNE Stoneco Ltd. Class A 4,594,655 $55.1M Add +58.6% INTR Inter & Co. Inc. Class A 2,723,427 $16.7M Reduce -13.8% DLO Dlocal Ltd. 1,781,561 $14.4M Reduce -36.7% VTEX Vtex Class A 261,488 $1.9M Reduce -4.0% IYW iShares Ustechnology ETF 11,558 $1.7M No change QQQ Invesco QQQ Trust Series 1 3,127 $1.5M No change KWEB Kranesh Csi China Internet 40,500 $1.1M No change CXSE Wisdomtree China Ex-St Ow 35,930 $953K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $22K (not counted above) Security Class Shares / Principal Value Change MLKWF Waldencast Acq Class A -CW27 *W EXP 07/27/202 82,102 $22K New
Total filed on the 13F, all lines: $713.5M.
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ NU Nu Holdings Ltd./Cayman Isl-A Reduce -27.3% 36.04% −3.88 DLO Dlocal Ltd. Reduce -36.7% 2.02% −3.03 BUD Anheuser-Busch Inbev-SPN ADR Sold out 0.00% −2.74 META Meta Platforms Inc. Class A Reduce -28.3% 9.07% −1.54 MELI MercadoLibre Inc. Reduce -25.3% 20.29% −1.45 AMZN Amazon.com Inc. Reduce -20.7% 10.73% −0.27 VTEX Vtex Class A Reduce -4.0% 0.27% −0.01 INTR Inter & Co. Inc. Class A Reduce -13.8% 2.35% +0.15
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ XP XP Inc. Class A New 10.77% +10.77 STNE Stoneco Ltd. Class A Add +58.6% 7.72% +1.85
Notes & Other Activity Q1 2024 → Q2 2024 Security Class Change vs Q1 2024 Shares / Principal Value ▼ MLKWF Waldencast Acq Class A -CW27 *W EXP 07/27/202 New 82,102 $22K
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 16 $796.4M NU, MELI, DLO, INTR, XP Q1 2026 15 $579.6M NU, MELI, AMZN, XP, MSFT Q4 2025 Amended 15 $660.0M NU, MELI, XP, DLO, GOOGL Q3 2025 16 $707.5M NU, STNE, XP, MELI, TSM Q2 2025 9 $645.3M NU, XP, STNE, MELI, TSM Q1 2025 11 $476.0M STNE, XP, MELI, META, GOOGL Q4 2024 11 $461.1M STNE, XP, MELI, GOOGL, META Q3 2024 11 $700.3M NU, XP, STNE, MELI, AMZN Q2 2024 13 $713.5M NU, MELI, XP, AMZN, META Q1 2024 13 $819.8M NU, MELI, AMZN, META, STNE