Naman Capital Ltda

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Naman Capital Ltda reported 10 stock positions worth $235.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 44.9% of the portfolio, followed by Ultrapar Particpac-Spon ADR (UGP, 23.4%) and Microsoft (MSFT, 6.9%). Compared with Q1 2024, it opened 1 new position and reduced 5. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −22%).

Most Recent 13F
Q2 2026
Location
Sao Paulo, D5
CIK
0001946136
Portfolio Value
$235.8M (Q2 2024)
SEC Filing
0000919574-24-004736 ↗ filed Aug 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $256.4M Q1 2024 Q2 2024: $235.8M $235.8M Q2 2024 Q3 2024: $261.1M Q3 2024 Q4 2024: $167.4M Q4 2024 Q1 2025: $254.7M Q1 2025 Q2 2025: $307.7M Q2 2025 Q3 2025: $356.3M Q3 2025 Q4 2025: $355.5M Q4 2025 Q1 2026: $359.8M Q1 2026 Q2 2026: $323.1M Q2 2026

Holdings 10 stocks · $235.8M
SPY SS SPDR S&P 500 ETF Trust-US 44.87% 194,400 $105.8M Reduce -4.9%
UGP Ultrapar Particpac-Spon ADR 23.35% 14,079,999 $55.1M No change
MSFT Microsoft Corp. 6.94% 36,600 $16.4M Reduce -18.7%
GOOGL Alphabet Inc. Class A 5.93% 76,800 $14.0M New
BRK.B Berkshire Hathaway Inc. Class B 5.38% 31,200 $12.7M Reduce -22.0%
ORCL Oracle Corp. 4.79% 80,000 $11.3M Reduce -33.3%
GOOG Alphabet Inc. Class C 3.11% 40,000 $7.3M No change
BRK.A Berkshire Hathaway Inc. Class A 2.60% 10 $6.1M No change
MLKMF Waldencast PLC-A 1.52% 999,000 $3.6M Reduce -0.1%
SUZ Suzano SA - Spon ADR 1.50% 344,547 $3.5M No change

Portfolio Sells Q1 2024 → Q2 2024
BRK.B Berkshire Hathaway Inc. Class B Reduce -22.0% 5.38% −1.18
ORCL Oracle Corp. Reduce -33.3% 4.79% −1.09
MLKMF Waldencast PLC-A Reduce -0.1% 1.52% −1.01
MSFT Microsoft Corp. Reduce -18.7% 6.94% −0.45
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.9% 44.87% +5.21

Portfolio Buys Q1 2024 → Q2 2024
GOOGL Alphabet Inc. Class A New 5.93% +5.93

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$323.1MSPY, UGP, EZU, EWY, GOOGL
Q1 2026 13$359.8MSPY, RSP, UGP, EZU, BRK.B
Q4 2025Amended 12$355.5MSPY, RSP, UGP, EZU, BRK.B
Q3 2025 12$356.3MSPY, RSP, UGP, EZU, BRK.B
Q2 2025 13$307.7MRSP, SPY, UGP, EZU, BRK.B
Q1 2025 12$254.7MRSP, UGP, SPY, EZU, BRK.B
Q4 2024 12$167.4MRSP, UGP, SPY, BRK.B, MSFT
Q3 2024 11$261.1MSPY, UGP, RSP, MSFT, BRK.B
Q2 2024 10$235.8MSPY, UGP, MSFT, GOOGL, BRK.B
Q1 2024 9$256.4MSPY, UGP, MSFT, BRK.B, ORCL