Newfoundland Capital Management

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Newfoundland Capital Management reported 3 stock positions worth $9.5 million. Its top holding was Vasta Platform (VSTA) at 96.2% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 1.9%) and Companhia Paranaense DE Ener (ELP, 1.9%). Compared with Q4 2023, it opened 2 new positions, sold out of 4 and added to 1. The biggest buy was Vasta Platform (VSTA, shares +7%) and the biggest sale an exit from Petroleo Brasileiro-Spon ADR (PBR).

Most Recent 13F
Q1 2024
Location
Sao Paulo, D5
CIK
0001697752
Portfolio Value
$9.5M (Q1 2024)
SEC Filing
0001172661-24-002145 ↗ filed May 10, 2024

Holdings 3 stocks · $9.5M
VSTA Vasta Platform Ltd. 96.24% 2,261,905 $9.1M Add +6.8%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 1.89% 15,000 $179K New
ELP Companhia Paranaense DE Ener 1.87% 23,000 $178K New

Portfolio Sells Q4 2023 → Q1 2024
PBR Petroleo Brasileiro-Spon ADR Sold out 0.00% −9.39
DLO Dlocal Ltd. Sold out 0.00% −1.93
EWZ iShares MSCI Brazil ETF Sold out 0.00% −1.58
EXTOY Almacenes Exito SA-ADR Sold out 0.00% −1.57

Portfolio Buys Q4 2023 → Q1 2024
VSTA Vasta Platform Ltd. Add +6.8% 96.24% +10.70
NU Nu Holdings Ltd./Cayman Isl-A New 1.89% +1.89
ELP Companhia Paranaense DE Ener New 1.87% +1.87

Options Activity Q4 2023 → Q1 2024
EWZ iShares MSCI Brazil ETF call Sold out 3,100 $108Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2024 3$9.5MVSTA, NU, ELP