Pangea Capital Gestao de Recursos Ltda.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed July 2, 2026), Pangea Capital Gestao de Recursos Ltda. reported 4 stock positions worth $130.1 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 78.9% of the portfolio, followed by Amazon.com (AMZN, 13.4%) and Berkshire Hathaway Class A (BRK.A, 6.3%). Compared with Q3 2024, it added to 1 and reduced 1. The biggest buy was iShares MSCI Brazil ETF (EWZ, shares +190%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −1%).

Most Recent 13F
Q2 2026
Location
RIO DE JANEIRO, D5
CIK
0002119167
Portfolio Value
$130.1M (Q4 2024)
SEC Filing
0001398344-26-011573 ↗ filed Jul 2, 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 $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 Q2 2026

Holdings 4 stocks · $130.1M

BRK.B Berkshire Hathaway Inc. Class B 78.86% 226,378 $102.6M Reduce -0.9%
AMZN Amazon.com Inc. 13.36% 79,221 $17.4M No change
BRK.A Berkshire Hathaway Inc. Class A 6.28% 12 $8.2M No change
EWZ iShares MSCI Brazil ETF 1.50% 87,000 $2.0M Add +190.0%

Portfolio Sells Q3 2024 → Q4 2024

BRK.B Berkshire Hathaway Inc. Class B Reduce -0.9% 78.86% −2.59

Portfolio Buys Q3 2024 → Q4 2024

EWZ iShares MSCI Brazil ETF Add +190.0% 1.50% +0.82

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