Naman Capital Ltda
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Naman Capital Ltda reported 11 stock positions worth $323.1 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 57.2% of the portfolio, followed by Ultrapar Particpac-Spon ADR (UGP, 11.4%) and iShares MSCI Eurozone ETF (EZU, 9.7%). Compared with Q1 2026, it opened 1 new position, sold out of 3, added to 1 and reduced 1. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +36%) and the biggest sale an exit from Invesco S&P 500 Equal Weight (RSP).
- Most Recent 13F
- Q2 2026
- Location
- Sao Paulo, D5
- CIK
- 0001946136
- Portfolio Value
- $323.1M (Q2 2026)
- SEC Filing
- 0000919574-26-005114 ↗ filed Aug 13, 2026
Holdings Value
Holdings 11 stocks · $323.1M
| SPY SS SPDR S&P 500 ETF Trust-US | 57.22% | 247,568 | $184.9M | Add +35.7% |
| UGP Ultrapar Particpac-Spon ADR | 11.39% | 7,330,544 | $36.8M | Reduce -42.4% |
| EZU iShares MSCI Eurozone ETF | 9.71% | 451,750 | $31.4M | No change |
| EWY iShares MSCI South Korea ETF | 4.44% | 71,018 | $14.3M | No change |
| GOOGL Alphabet Inc. Class A | 3.78% | 34,200 | $12.2M | No change |
| SMH Vaneck Semiconductor ETF | 3.42% | 16,857 | $11.1M | New |
| GOOG Alphabet Inc. Class C | 3.36% | 30,760 | $10.9M | No change |
| V Visa Inc. Class A | 3.21% | 30,212 | $10.4M | No change |
| MSFT Microsoft Corp. | 2.39% | 20,675 | $7.7M | No change |
| SUZ Suzano SA - Spon ADR | 0.83% | 344,547 | $2.7M | No change |
| CSANY Cosan SA -ADR | 0.24% | 271,941 | $783K | No change |
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $323.1M | SPY, UGP, EZU, EWY, GOOGL |
| Q1 2026 | 13 | $359.8M | SPY, RSP, UGP, EZU, BRK.B |
| Q4 2025Amended | 12 | $355.5M | SPY, RSP, UGP, EZU, BRK.B |
| Q3 2025 | 12 | $356.3M | SPY, RSP, UGP, EZU, BRK.B |
| Q2 2025 | 13 | $307.7M | RSP, SPY, UGP, EZU, BRK.B |
| Q1 2025 | 12 | $254.7M | RSP, UGP, SPY, EZU, BRK.B |
| Q4 2024 | 12 | $167.4M | RSP, UGP, SPY, BRK.B, MSFT |
| Q3 2024 | 11 | $261.1M | SPY, UGP, RSP, MSFT, BRK.B |
| Q2 2024 | 10 | $235.8M | SPY, UGP, MSFT, GOOGL, BRK.B |
| Q1 2024 | 9 | $256.4M | SPY, UGP, MSFT, BRK.B, ORCL |