JGP Global Gestao de Recursos Ltda.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 2, 2024), JGP Global Gestao de Recursos Ltda. reported 41 stock positions worth $78.8 million. Its top holding was Stoneco Class A (STNE) at 30.8% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 20.1%) and China Communications Servi-H (CUCSF, 16.0%). Compared with Q1 2024, it opened 1 new position, sold out of 18, added to 5 and reduced 24. The biggest buy was Stoneco Class A (STNE, shares +90%) and the biggest sale an exit from BYD Class H (BYDDF).
- Most Recent 13F
- Q2 2026
- Location
- RIO DE JANEIRO, D5
- CIK
- 0001536562
- Portfolio Value
- $78.8M (Q2 2024)
- SEC Filing
- 0001536562-24-000006 ↗ filed Aug 2, 2024
Holdings Value
Holdings 41 stocks · $78.8M
| STNE Stoneco Ltd. Class A | 30.81% | 2,024,080 | $24.3M | Add +89.9% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 20.11% | 1,229,300 | $15.8M | Reduce -15.8% |
| CUCSF China Communications Servi-H | 16.03% | 3,000,000 | $12.6M | Add +500.0% |
| DSKYF Daiichi Sankyo Co. Ltd. | 8.85% | 1,262 | $7.0M | No change |
| SPGI S&P Global Inc. | 2.83% | 5,000 | $2.2M | Add +66.7% |
| LLY Eli Lilly & Co. | 2.47% | 2,152 | $1.9M | Reduce -1.1% |
| INCY Incyte Corp. | 2.42% | 31,434 | $1.9M | Reduce -0.0% |
| ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD | 1.90% | 10,464 | $1.5M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 1.55% | 2,401 | $1.2M | Reduce -1.2% |
| ISRG Intuitive Surgical Inc. | 1.00% | 1,764 | $785K | Reduce -1.2% |
| TMO Thermo Fisher Scientific Inc. | 0.97% | 1,388 | $768K | Reduce -1.1% |
| ELV Elevance Health Inc. | 0.80% | 1,170 | $634K | Reduce -1.2% |
| MRK Merck & Co. Inc. | 0.79% | 4,995 | $618K | Reduce -1.1% |
| ACAD Acadia Pharmaceuticals Inc. | 0.76% | 36,740 | $597K | Reduce -0.0% |
| SYK Stryker Corp. | 0.73% | 1,689 | $575K | Reduce -1.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.62% | 1,046 | $490K | Reduce -1.1% |
| DHR Danaher Corp. | 0.59% | 1,861 | $465K | Reduce -1.2% |
| AEM Agnico Eagle Mines Ltd. | 0.54% | 6,497 | $425K | Add +72.6% |
| ARGX Argenx SE - ADR | 0.48% | 887 | $381K | Reduce -1.0% |
| LTHCF Lithium Ionic Corp. | 0.48% | 713,247 | $378K | Reduce -83.3% |
| MDGL Madrigal Pharmaceuticals Inc. | 0.47% | 1,333 | $373K | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.46% | 4,631 | $361K | Reduce -1.2% |
| XOM Exxon Mobil Corp. | 0.45% | 3,066 | $353K | Add +22.0% |
| BMRN Biomarin Pharmaceutical Inc. | 0.44% | 4,213 | $347K | Reduce -0.3% |
| REGN Regeneron Pharmaceuticals | 0.44% | 329 | $346K | Reduce -1.2% |
| AMGN Amgen Inc. | 0.42% | 1,048 | $327K | Reduce -1.1% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.38% | 1,233 | $300K | New |
| AGI Alamos Gold Inc. Class A | 0.31% | 15,452 | $242K | No change |
| NGD New Gold Inc. | 0.31% | 123,527 | $241K | Reduce -96.8% |
| RYTM Rhythm Pharmaceuticals Inc. | 0.30% | 5,814 | $239K | Reduce -94.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.30% | 1,649 | $235K | Reduce -1.1% |
| MOH Molina Healthcare Inc. | 0.29% | 769 | $229K | Reduce -1.2% |
| CI The Cigna Group | 0.27% | 636 | $210K | Reduce -1.1% |
| ROIV Roivant Sciences Ltd. | 0.13% | 10,036 | $106K | No change |
| BCRX Biocryst Pharmaceuticals Inc. | 0.09% | 10,865 | $67K | No change |
| SPINNOVA OYJ | 0.07% | 34,089 | $55K | No change |
| ABCL Abcellera Biologics Inc. | 0.07% | 17,779 | $53K | No change |
| KOD Kodiak Sciences Inc. | 0.04% | 14,957 | $35K | No change |
| CERS Cerus Corp. | 0.03% | 14,539 | $26K | No change |
| OI SA filed as OI SA-ADR | 0.00% | 575,000 | $1K | No change |
| SBRCY Sberbank PJSC -Sponsored ADR | 0.00% | 160,000 | $0 | No change |
Portfolio Sells Q1 2024 → Q2 2024
| BYDDF BYD Co. Ltd. Class H | Sold out | 0.00% | −25.93 |
| XP XP Inc. Class A | Sold out | 0.00% | −19.23 |
| SRUUF Sprott Physical Uranium TR | Sold out | 0.00% | −3.95 |
| NGD New Gold Inc. | Reduce -96.8% | 0.31% | −3.87 |
| RYTM Rhythm Pharmaceuticals Inc. | Reduce -94.5% | 0.30% | −2.65 |
| LTHCF Lithium Ionic Corp. | Reduce -83.3% | 0.48% | −1.47 |
| INTR Inter & Co. Inc. Class A | Sold out | 0.00% | −0.84 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.43 |
| J Jacobs Solutions Inc. | Sold out | 0.00% | −0.36 |
| YPF YPF S.A.-Sponsored ADR | Sold out | 0.00% | −0.32 |
| UBS UBS Group AG-Reg | Sold out | 0.00% | −0.21 |
| STT State Street Corp. | Sold out | 0.00% | −0.19 |
| IMCR Immunocore Holdings PLC-ADR | Sold out | 0.00% | −0.18 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.18 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.17 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −0.16 |
| GNMSF Genmab A/S | Sold out | 0.00% | −0.14 |
| KYMR Kymera Therapeutics Inc. | Sold out | 0.00% | −0.13 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.13 |
| ITUB Itau Unibanco H-Spon PRF ADR | Sold out | 0.00% | −0.08 |
| DBV TECHNOLOGIES S A | Sold out | 0.00% | −0.01 |
| MOH Molina Healthcare Inc. | Reduce -1.2% | 0.29% | +0.08 |
| CI The Cigna Group | Reduce -1.1% | 0.27% | +0.12 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -1.1% | 0.30% | +0.16 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -0.3% | 0.44% | +0.20 |
| AMGN Amgen Inc. | Reduce -1.1% | 0.42% | +0.22 |
| REGN Regeneron Pharmaceuticals | Reduce -1.2% | 0.44% | +0.23 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -1.2% | 0.46% | +0.25 |
| ARGX Argenx SE - ADR | Reduce -1.0% | 0.48% | +0.26 |
| DHR Danaher Corp. | Reduce -1.2% | 0.59% | +0.29 |
| ACAD Acadia Pharmaceuticals Inc. | Reduce -0.0% | 0.76% | +0.32 |
| SYK Stryker Corp. | Reduce -1.2% | 0.73% | +0.34 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.1% | 0.62% | +0.34 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 0.79% | +0.36 |
| ELV Elevance Health Inc. | Reduce -1.2% | 0.80% | +0.41 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.1% | 0.97% | +0.45 |
| ISRG Intuitive Surgical Inc. | Reduce -1.2% | 1.00% | +0.54 |
| UNH Unitedhealth Group Inc. | Reduce -1.2% | 1.55% | +0.78 |
| ONC Beone Medicines Ltd.-ADR | Reduce -0.1% | 1.90% | +0.84 |
| INCY Incyte Corp. | Reduce -0.0% | 2.42% | +1.27 |
| LLY Eli Lilly & Co. | Reduce -1.1% | 2.47% | +1.38 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -15.8% | 20.11% | +8.91 |
Portfolio Buys Q1 2024 → Q2 2024
| STNE Stoneco Ltd. Class A | Add +89.9% | 30.81% | +19.42 |
| CUCSF China Communications Servi-H | Add +500.0% | 16.03% | +14.86 |
| SPGI S&P Global Inc. | Add +66.7% | 2.83% | +2.01 |
| AEM Agnico Eagle Mines Ltd. | Add +72.6% | 0.54% | +0.39 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.38% | +0.38 |
| XOM Exxon Mobil Corp. | Add +22.0% | 0.45% | +0.26 |
Options Activity Q1 2024 → Q2 2024
| STNE Stoneco Ltd. Class A | put | Sold out | 6,500 | $81Kbefore exit |
| TXT Textron Inc. | put | Sold out | 2,000 | $25Kbefore exit |
| XP XP Inc. Class A | put | Sold out | 2,300 | $14Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $44.8M | XP, SPY, SFTBY, VEON, PROSY |
| Q1 2026 | 23 | $22.3M | STNE, XP, NU, LLY, ABBV |
| Q4 2025 | 44 | $168.9M | NGD, STNE, SOLS, RRC, NU |
| Q3 2025 | 32 | $171.4M | NGD, STNE, XP, NU, ONC |
| Q2 2025 | 45 | $204.3M | STNE, NGD, XP, KTOS, IBIT |
| Q1 2025 | 34 | $130.7M | STNE, NGD, PPLT, XP, CAPRI HOLDINGS LTD |
| Q4 2024 | 39 | $43.9M | NGD, STNE, LLY, ONC, INCY |
| Q3 2024 | 39 | $51.1M | NGD, STNE, RYTM, LLY, ONC |
| Q2 2024 | 41 | $78.8M | STNE, NU, CUCSF, DSKYF, SPGI |
| Q1 2024 | 58 | $155.5M | BYDDF, XP, STNE, NU, NGD |