Nucleo Capital Ltda.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Nucleo Capital Ltda. reported 3 stock positions worth $159.8 million. Its top holding was Stoneco Class A (STNE) at 44.3% of the portfolio, followed by Sigma Lithium (SGML, 31.1%) and MercadoLibre (MELI, 24.6%). Compared with Q4 2023, it added to 1 and reduced 2. The biggest buy was Sigma Lithium (SGML, shares +28%) and the biggest sale MercadoLibre (MELI, shares −20%).

Most Recent 13F
Q3 2025
Location
Sao Paulo, Sp, D5
CIK
0001737348
Portfolio Value
$159.8M (Q1 2024)
SEC Filing
0000919574-24-002909 ↗ filed May 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $159.8M $159.8M Q1 2024 Q2 2024: $120.0M Q2 2024 Q3 2024: $99.5M Q3 2024 Q4 2024: $61.6M Q4 2024 Q1 2025: $45.5M Q1 2025 Q2 2025: $49.3M Q2 2025 Q3 2025: $29.1M Q3 2025

Holdings 3 stocks · $159.8M
STNE Stoneco Ltd. Class A 44.25% 4,258,078 $70.7M Reduce -14.1%
SGML Sigma Lithium Corp. 31.12% 3,838,206 $49.7M Add +28.1%
MELI MercadoLibre Inc. 24.62% 26,030 $39.4M Reduce -19.5%

Portfolio Sells Q4 2023 → Q1 2024
MELI MercadoLibre Inc. Reduce -19.5% 24.62% +2.97
STNE Stoneco Ltd. Class A Reduce -14.1% 44.25% +6.17

Portfolio Buys Q4 2023 → Q1 2024
SGML Sigma Lithium Corp. Add +28.1% 31.12% −9.14

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 1$29.1MSTNE
Q2 2025 2$49.3MSTNE, MELI
Q1 2025 3$45.5MSTNE, MELI, SGML
Q4 2024 3$61.6MMELI, STNE, SGML
Q3 2024 3$99.5MMELI, SGML, STNE
Q2 2024 3$120.0MSTNE, SGML, MELI
Q1 2024 3$159.8MSTNE, SGML, MELI