Constellation Investimentos e Participacoes Ltda
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 9, 2024), Constellation Investimentos e Participacoes Ltda reported 12 stock positions worth $180.6 million. Its top holding was MercadoLibre (MELI) at 41.2% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 28.0%) and Stoneco Class A (STNE, 19.0%). Compared with Q2 2024, it opened 2 new positions, sold out of 1, added to 1 and reduced 8. The biggest buy was Stoneco Class A (STNE, shares +30%) and the biggest sale MercadoLibre (MELI, shares −40%).
- Most Recent 13F
- Q3 2025
- Location
- SAO PAULO, D5
- CIK
- 0001893840
- Portfolio Value
- $180.6M (Q3 2024)
- SEC Filing
- 0001893840-24-000005 ↗ filed Oct 9, 2024
Holdings Value
Holdings 12 stocks · $180.6M
| MELI MercadoLibre Inc. | 41.21% | 36,265 | $74.4M | Reduce -40.3% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 28.01% | 3,705,676 | $50.6M | Reduce -12.7% |
| STNE Stoneco Ltd. Class A | 19.00% | 3,047,576 | $34.3M | Add +30.0% |
| ITUB Itau Unibanco H-Spon PRF ADR | 4.75% | 1,291,000 | $8.6M | Reduce -1.0% |
| PBR.A Petroleo Brasil-SP Pref ADR | 2.83% | 387,900 | $5.1M | No change |
| AMBIQ Ambipar Emergency Response | 1.86% | 572,357 | $3.4M | Reduce -2.5% |
| SUZ Suzano SA - Spon ADR | 1.02% | 184,400 | $1.8M | New |
| META Meta Platforms Inc. Class A | 0.41% | 1,290 | $738K | Reduce -0.8% |
| NVDA Nvidia Corp. | 0.27% | 3,990 | $485K | Reduce -31.7% |
| BX Blackstone Inc. | 0.24% | 2,885 | $442K | New |
| UBER Uber Technologies Inc. | 0.22% | 5,373 | $404K | Reduce -3.5% |
| VTEX Vtex Class A | 0.16% | 39,398 | $293K | Reduce -3.5% |
Portfolio Sells Q2 2024 → Q3 2024
| MELI MercadoLibre Inc. | Reduce -40.3% | 41.21% | −8.48 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −0.45 |
| NVDA Nvidia Corp. | Reduce -31.7% | 0.27% | −0.09 |
| VTEX Vtex Class A | Reduce -3.5% | 0.16% | +0.01 |
| UBER Uber Technologies Inc. | Reduce -3.5% | 0.22% | +0.02 |
| META Meta Platforms Inc. Class A | Reduce -0.8% | 0.41% | +0.08 |
| AMBIQ Ambipar Emergency Response | Reduce -2.5% | 1.86% | +0.71 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -12.7% | 28.01% | +0.75 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -1.0% | 4.75% | +0.96 |
Portfolio Buys Q2 2024 → Q3 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 7 | $46.7M | MELI, NU, META, NVDA, CPNG |
| Q2 2025 | 8 | $55.8M | MELI, NU, XP, AMBIQ, STNE |
| Q1 2025 | 10 | $35.9M | MELI, NU, AMBIQ, ITUB, PBR.A |
| Q4 2024 | 10 | $103.4M | MELI, NU, ITUB, PBR.A, SUZ |
| Q3 2024 | 12 | $180.6M | MELI, NU, STNE, ITUB, PBR.A |
| Q2 2024 | 11 | $200.8M | MELI, NU, STNE, ITUB, PBR.A |
| Q1 2024 | 8 | $241.9M | MELI, NU, XP, STNE, AMBIQ |