Pangea Capital Gestao de Recursos Ltda.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Pangea Capital Gestao de Recursos Ltda. reported 10 stock positions worth $144.7 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 68.5% of the portfolio, followed by Amazon.com (AMZN, 15.0%) and Berkshire Hathaway Class A (BRK.A, 6.2%). Compared with Q1 2026, it opened 2 new positions and added to 2. The biggest buy was MercadoLibre (MELI, shares +111%).

Most Recent 13F
Q2 2026
Location
RIO DE JANEIRO, D5
CIK
0002119167
Portfolio Value
$144.7M (Q2 2026)
SEC Filing
0001398344-26-014590 ↗ filed Aug 14, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $117.9M Q1 2024 Q2 2024: $116.4M Q2 2024 Q3 2024: $129.1M Q3 2024 Q4 2024: $130.1M Q4 2024 Q1 2025: $119.9M Q1 2025 Q2 2025: $111.6M Q2 2025 Q3 2025: $115.5M Q3 2025 Q4 2025: $123.5M Q4 2025 Q1 2026: $131.3M Q1 2026 Q2 2026: $144.7M $144.7M Q2 2026

Holdings 10 stocks · $144.7M
BRK.B Berkshire Hathaway Inc. Class B 68.47% 198,007 $99.1M No change
AMZN Amazon.com Inc. 15.02% 91,221 $21.7M No change
BRK.A Berkshire Hathaway Inc. Class A 6.21% 12 $9.0M No change
MELI MercadoLibre Inc. 4.46% 3,800 $6.5M Add +111.1%
META Meta Platforms Inc. Class A 3.74% 9,600 $5.4M Add +89.7%
EWZ iShares MSCI Brazil ETF 1.48% 62,000 $2.1M No change
LGIH Lgi Homes Inc. 0.22% 5,000 $318K New
STZ Constellation Brands Inc. Class A 0.19% 2,000 $278K No change
NOAH Noah Holdings Ltd.-Spon ADS filed as NOAH HLDGS LTD 0.11% 16,000 $160K No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.10% 11,000 $147K New

Options reported separately and not counted above: ISHARES INC calls ($72K).

Portfolio Sells Q1 2026 → Q2 2026
None this quarter.

Portfolio Buys Q1 2026 → Q2 2026
MELI MercadoLibre Inc. Add +111.1% 4.46% +2.09
META Meta Platforms Inc. Class A Add +89.7% 3.74% +1.53
LGIH Lgi Homes Inc. New 0.22% +0.22
NU Nu Holdings Ltd./Cayman Isl-A New 0.10% +0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 10$144.7MBRK.B, AMZN, BRK.A, MELI, META
Q1 2026Amended 8$131.3MBRK.B, AMZN, BRK.A, MELI, META
Q4 2025 8$123.5MBRK.B, AMZN, BRK.A, MELI, META
Q3 2025Amended 7$115.5MBRK.B, AMZN, BRK.A, EWZ, META
Q2 2025 8$111.6MBRK.B, AMZN, BRK.A, EWZ, META
Q1 2025 6$119.9MBRK.B, AMZN, BRK.A, EWZ, LGIH
Q4 2024 4$130.1MBRK.B, AMZN, BRK.A, EWZ
Q3 2024 4$129.1MBRK.B, AMZN, BRK.A, EWZ
Q2 2024 4$116.4MBRK.B, AMZN, BRK.A, EWZ
Q1 2024 3$117.9MBRK.B, AMZN, BRK.A