Nucleo Capital Ltda.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Nucleo Capital Ltda. reported 3 stock positions worth $61.6 million. Its top holding was MercadoLibre (MELI) at 41.7% of the portfolio, followed by Stoneco Class A (STNE, 31.8%) and Sigma Lithium (SGML, 26.5%). Compared with Q3 2024, it reduced 3. The biggest sale was Sigma Lithium (SGML, shares −46%).

Most Recent 13F
Q3 2025
Location
Sao Paulo, Sp, D5
CIK
0001737348
Portfolio Value
$61.6M (Q4 2024)
SEC Filing
0000919574-25-000985 ↗ filed Feb 12, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $159.8M Q1 2024 Q2 2024: $120.0M Q2 2024 Q3 2024: $99.5M Q3 2024 Q4 2024: $61.6M $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 · $61.6M
MELI MercadoLibre Inc. 41.66% 15,083 $25.6M Reduce -18.7%
STNE Stoneco Ltd. Class A 31.81% 2,457,062 $19.6M Reduce -2.2%
SGML Sigma Lithium Corp. 26.54% 1,456,112 $16.3M Reduce -45.8%

Portfolio Sells Q3 2024 → Q4 2024
SGML Sigma Lithium Corp. Reduce -45.8% 26.54% −6.82
STNE Stoneco Ltd. Class A Reduce -2.2% 31.81% +3.40
MELI MercadoLibre Inc. Reduce -18.7% 41.66% +3.42

Portfolio Buys Q3 2024 → Q4 2024
None this quarter.

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