Nucleo Capital Ltda.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Nucleo Capital Ltda. reported 2 stock positions worth $49.3 million. Its top holding was Stoneco Class A (STNE) at 54.2% of the portfolio, followed by MercadoLibre (MELI, 45.8%). Compared with Q1 2025, it sold out of 1 and added to 2. The biggest buy was Stoneco Class A (STNE, shares +3%) and the biggest sale an exit from Sigma Lithium (SGML).

Most Recent 13F
Q3 2025
Location
Sao Paulo, Sp, D5
CIK
0001737348
Portfolio Value
$49.3M (Q2 2025)
SEC Filing
0000919574-25-004816 ↗ filed Aug 14, 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 Q4 2024 Q1 2025: $45.5M Q1 2025 Q2 2025: $49.3M $49.3M Q2 2025 Q3 2025: $29.1M Q3 2025

Holdings 2 stocks · $49.3M

STNE Stoneco Ltd. Class A 54.22% 1,665,756 $26.7M Add +2.6%
MELI MercadoLibre Inc. 45.78% 8,633 $22.6M Add +0.3%

Portfolio Sells Q1 2025 → Q2 2025

SGML Sigma Lithium Corp. Sold out 0.00% −25.75

Portfolio Buys Q1 2025 → Q2 2025

STNE Stoneco Ltd. Class A Add +2.6% 54.22% +16.86
MELI MercadoLibre Inc. Add +0.3% 45.78% +8.90

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