Sharp Capital Gestora de Recursos Ltda.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Sharp Capital Gestora de Recursos Ltda. reported 3 stock positions worth $99.8 million. Its top holding was Nu Holdings Ltd./Cayman Isl-A (NU) at 61.7% of the portfolio, followed by Stoneco Class A (STNE, 23.4%) and Inter Class A (INTR, 14.9%). Compared with Q1 2025, it opened 1 new position, added to 1 and reduced 1. The biggest buy was Nu Holdings Ltd./Cayman Isl-A (NU, shares +154%) and the biggest sale Stoneco Class A (STNE, shares −46%).

Most Recent 13F
Q2 2026
Location
RIO DE JANEIRO, D5
CIK
0001818890
Portfolio Value
$99.8M (Q2 2025)
SEC Filing
0000899140-25-000939 ↗ filed Aug 12, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $244.3M Q1 2024 Q2 2024: $189.2M Q2 2024 Q3 2024: $117.8M Q3 2024 Q4 2024: $40.2M Q4 2024 Q1 2025: $46.4M Q1 2025 Q2 2025: $99.8M $99.8M Q2 2025 Q3 2025: $114.6M Q3 2025 Q4 2025: $152.1M Q4 2025 Q1 2026: $191.2M Q1 2026 Q2 2026: $144.1M Q2 2026

Holdings 3 stocks · $99.8M
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 61.70% 4,486,944 $61.6M Add +153.6%
STNE Stoneco Ltd. Class A 23.39% 1,454,962 $23.3M Reduce -46.0%
INTR Inter & Co. Inc. Class A 14.91% 2,002,831 $14.9M New

Options reported separately and not counted above: EWZS calls ($847K), EWZ calls ($989).

Other holdings (1): bonds, preferreds, convertibles and warrants · $183K (not counted above)
SecurityClassShares / PrincipalValueChange
AMBWQ Ambipar Emergency Respons-28 *W EXP 03/03/202 1,075,000$183KNo change

Total filed on the 13F, all lines: $100.0M.

Portfolio Sells Q1 2025 → Q2 2025
STNE Stoneco Ltd. Class A Reduce -46.0% 23.39% −37.55

Portfolio Buys Q1 2025 → Q2 2025
NU Nu Holdings Ltd./Cayman Isl-A Add +153.6% 61.70% +22.64
INTR Inter & Co. Inc. Class A New 14.91% +14.91

Options Activity Q1 2025 → Q2 2025
EWZS iShares MSCI Brazil Small-Ca call New 591,400 $847K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5$144.1MNU, MELI, INTR, STNE, EWQ
Q1 2026 5$191.2MNU, MELI, INTR, STNE, EWQ
Q4 2025 4$152.1MNU, INTR, STNE, EWQ
Q3 2025 3$114.6MNU, INTR, STNE
Q2 2025 3$99.8MNU, STNE, INTR
Q1 2025 2$46.4MSTNE, NU
Q4 2024 2$40.2MSTNE, NU
Q3 2024 3$117.8MSTNE, XP, NU
Q2 2024 5$189.2MNU, XP, MELI, STNE, INTR
Q1 2024 4$244.3MNU, XP, MELI, INTR