Pragma Gestao DE Patrimonio Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Pragma Gestao DE Patrimonio Ltd. reported 20 stock positions worth $186.7 million. Its top holding was Microsoft (MSFT) at 12.4% of the portfolio, followed by iShares MSCI All Country Asi (AAXJ, 9.5%) and Amazon.com (AMZN, 9.0%). Compared with Q4 2024, it opened 8 new positions, sold out of 4, added to 5 and reduced 6. The biggest buy was a new position in Schwab (charles) (SCHW) and the biggest sale Alphabet Class C (GOOG, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- SAO PAULO, D5
- CIK
- 0001555512
- Portfolio Value
- $186.7M (Q1 2025)
- SEC Filing
- 0001555512-25-000002 ↗ filed May 14, 2025
Holdings Value
Holdings 20 stocks · $186.7M
| MSFT Microsoft Corp. | 12.42% | 61,800 | $23.2M | Add +21.2% |
| AAXJ iShares MSCI All Country Asi | 9.51% | 240,000 | $17.8M | Add +41.2% |
| AMZN Amazon.com Inc. | 9.02% | 88,500 | $16.8M | Reduce -18.1% |
| TDG Transdigm Group Inc. | 8.52% | 11,500 | $15.9M | Reduce -16.1% |
| MCO Moody's Corp. | 6.78% | 27,200 | $12.7M | Add +0.7% |
| GE General Electric filed as GE AEROSPACE | 5.41% | 50,500 | $10.1M | Reduce -53.2% |
| BDX Becton Dickinson and Co. | 5.14% | 41,900 | $9.6M | Add +179.3% |
| GOOG Alphabet Inc. Class C | 4.95% | 59,200 | $9.2M | Reduce -49.6% |
| SCHW Schwab (charles) Corp. | 4.68% | 111,700 | $8.7M | New |
| AON Aon PLC Class A | 4.04% | 18,900 | $7.5M | New |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 3.87% | 86,200 | $7.2M | New |
| TEL Te Connectivity PLC | 3.78% | 50,000 | $7.1M | Add +100.0% |
| PGR Progressive Corp. | 3.56% | 23,500 | $6.7M | New |
| MELI MercadoLibre Inc. | 3.13% | 3,000 | $5.9M | New |
| CP Canadian Pacific Kansas City | 3.01% | 80,000 | $5.6M | No change |
| FISV Fiserv Inc. | 2.96% | 25,000 | $5.5M | New |
| MA Mastercard Inc. Class A | 2.82% | 9,600 | $5.3M | New |
| V Visa Inc. Class A | 2.72% | 14,500 | $5.1M | Reduce -27.5% |
| CDNS Cadence Design SYS Inc. | 1.87% | 13,700 | $3.5M | New |
| CNI Canadian Natl Railway Co. | 1.79% | 34,300 | $3.3M | Reduce -25.4% |
Portfolio Sells Q4 2024 → Q1 2025
| GOOG Alphabet Inc. Class C | Reduce -49.6% | 4.95% | −7.39 |
| CDW CDW Corp. | Sold out | 0.00% | −7.29 |
| GE General Electric | Reduce -53.2% | 5.41% | −4.52 |
| AMZN Amazon.com Inc. | Reduce -18.1% | 9.02% | −4.05 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −3.44 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −3.16 |
| LIN Linde PLC | Sold out | 0.00% | −2.42 |
| TDG Transdigm Group Inc. | Reduce -16.1% | 8.52% | −1.05 |
| CNI Canadian Natl Railway Co. | Reduce -25.4% | 1.79% | −0.78 |
| V Visa Inc. Class A | Reduce -27.5% | 2.72% | −0.76 |
Portfolio Buys Q4 2024 → Q1 2025
| SCHW Schwab (charles) Corp. | New | 4.68% | +4.68 |
| AON Aon PLC Class A | New | 4.04% | +4.04 |
| BNY Bank of New York Mellon Corp. | New | 3.87% | +3.87 |
| PGR Progressive Corp. | New | 3.56% | +3.56 |
| BDX Becton Dickinson and Co. | Add +179.3% | 5.14% | +3.26 |
| MELI MercadoLibre Inc. | New | 3.13% | +3.13 |
| FISV Fiserv Inc. | New | 2.96% | +2.96 |
| MA Mastercard Inc. Class A | New | 2.82% | +2.82 |
| AAXJ iShares MSCI All Country Asi | Add +41.2% | 9.51% | +2.74 |
| CDNS Cadence Design SYS Inc. | New | 1.87% | +1.87 |
| TEL Te Connectivity PLC | Add +100.0% | 3.78% | +1.81 |
| MSFT Microsoft Corp. | Add +21.2% | 12.42% | +0.57 |
| MCO Moody's Corp. | Add +0.7% | 6.78% | −0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $126.6M | AMZN, MSFT, GOOG, TDG, TSM |
| Q1 2026 | 18 | $189.3M | AAXJ, AMZN, MSFT, TDG, DHR |
| Q4 2025 | 19 | $234.8M | AAXJ, MSFT, AMZN, GOOG, TDG |
| Q3 2025 | 20 | $232.3M | AAXJ, MSFT, AMZN, MCO, TDG |
| Q2 2025 | 20 | $228.8M | AAXJ, MSFT, TDG, MCO, AMZN |
| Q1 2025 | 20 | $186.7M | MSFT, AAXJ, AMZN, TDG, MCO |
| Q4 2024 | 16 | $181.3M | AMZN, GOOG, MSFT, GE, TDG |
| Q3 2024 | 19 | $193.4M | TDG, AMZN, CDW, MSFT, HOG |
| Q2 2024 | 21 | $188.3M | V, CDW, HOG, TDG, GOOG |
| Q1 2024 | 20 | $191.0M | V, HOG, CDW, CSGP, RYAAY |