Pangea Capital Gestao de Recursos Ltda.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed July 2, 2026), Pangea Capital Gestao de Recursos Ltda. reported 6 stock positions worth $119.9 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 76.3% of the portfolio, followed by Amazon.com (AMZN, 12.6%) and Berkshire Hathaway Class A (BRK.A, 8.0%). Compared with Q4 2024, it opened 2 new positions, added to 1 and reduced 1. The biggest buy was iShares MSCI Brazil ETF (EWZ, shares +39%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −24%).
- Most Recent 13F
- Q2 2026
- Location
- RIO DE JANEIRO, D5
- CIK
- 0002119167
- Portfolio Value
- $119.9M (Q1 2025)
- SEC Filing
- 0001398344-26-011575 ↗ filed Jul 2, 2026
Holdings Value
Holdings 6 stocks · $119.9M
| BRK.B Berkshire Hathaway Inc. Class B | 76.34% | 171,928 | $91.6M | Reduce -24.1% |
| AMZN Amazon.com Inc. | 12.57% | 79,221 | $15.1M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 7.99% | 12 | $9.6M | No change |
| EWZ iShares MSCI Brazil ETF | 2.61% | 121,000 | $3.1M | Add +39.1% |
| LGIH Lgi Homes Inc. | 0.28% | 5,000 | $332K | New |
| BC Brunswick Corp. | 0.22% | 5,000 | $269K | New |
Portfolio Sells Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -24.1% | 76.34% | −2.52 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 10 | $144.7M | BRK.B, AMZN, BRK.A, MELI, META |
| Q1 2026Amended | 8 | $131.3M | BRK.B, AMZN, BRK.A, MELI, META |
| Q4 2025 | 8 | $123.5M | BRK.B, AMZN, BRK.A, MELI, META |
| Q3 2025Amended | 7 | $115.5M | BRK.B, AMZN, BRK.A, EWZ, META |
| Q2 2025 | 8 | $111.6M | BRK.B, AMZN, BRK.A, EWZ, META |
| Q1 2025 | 6 | $119.9M | BRK.B, AMZN, BRK.A, EWZ, LGIH |
| Q4 2024 | 4 | $130.1M | BRK.B, AMZN, BRK.A, EWZ |
| Q3 2024 | 4 | $129.1M | BRK.B, AMZN, BRK.A, EWZ |
| Q2 2024 | 4 | $116.4M | BRK.B, AMZN, BRK.A, EWZ |
| Q1 2024 | 3 | $117.9M | BRK.B, AMZN, BRK.A |