Dynamo Administracao de Recursos Ltda.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Dynamo Administracao de Recursos Ltda. reported 4 stock positions worth $29.2 million. Its top holding was MercadoLibre (MELI) at 51.2% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 47.0%) and Vtex Class A (VTEX, 1.6%). Compared with Q1 2025, it added to 1 and reduced 1. The biggest buy was Nu Holdings Ltd./Cayman Isl-A (NU, shares +381%) and the biggest sale MercadoLibre (MELI, shares −21%).

Most Recent 13F
Q3 2025
Location
RIO DE JANEIRO, D5
CIK
0001707096
Portfolio Value
$29.2M (Q2 2025)
SEC Filing
0000947871-25-000768 ↗ filed Aug 14, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M Q1 2024: $64.9M Q1 2024 Q2 2024: $16.2M Q2 2024 Q3 2024: $2.4M Q3 2024 Q4 2024: $35.1M Q4 2024 Q1 2025: $16.7M Q1 2025 Q2 2025: $29.2M $29.2M Q2 2025 Q3 2025: $18.5M Q3 2025

Holdings 4 stocks · $29.2M
MELI MercadoLibre Inc. 51.19% 5,712 $14.9M Reduce -21.0%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 46.99% 999,030 $13.7M Add +381.2%
VTEX Vtex Class A 1.56% 68,879 $455K No change
VALE Vale SA-SP ADR 0.26% 7,863 $76K No change

Portfolio Sells Q1 2025 → Q2 2025
MELI MercadoLibre Inc. Reduce -21.0% 51.19% −33.48

Portfolio Buys Q1 2025 → Q2 2025
NU Nu Holdings Ltd./Cayman Isl-A Add +381.2% 46.99% +34.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 4$18.5MNU, MELI, VTEX, VALE
Q2 2025 4$29.2MMELI, NU, VTEX, VALE
Q1 2025 4$16.7MMELI, NU, VTEX, VALE
Q4 2024 4$35.1MMELI, NU, VTEX, VALE
Q3 2024 4$2.4MMELI, NU, VTEX, VALE
Q2 2024 4$16.2MNU, MELI, VTEX, VALE
Q1 2024 4$64.9MNU, MELI, VTEX, VALE