Sharp Capital Gestora de Recursos Ltda.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Sharp Capital Gestora de Recursos Ltda. reported 3 stock positions worth $114.6 million. Its top holding was Nu Holdings Ltd./Cayman Isl-A (NU) at 69.2% of the portfolio, followed by Inter Class A (INTR, 15.9%) and Stoneco Class A (STNE, 14.9%). Compared with Q2 2025, it added to 1 and reduced 2. The biggest buy was Nu Holdings Ltd./Cayman Isl-A (NU, shares +10%) and the biggest sale Stoneco Class A (STNE, shares −38%).

Most Recent 13F
Q2 2026
Location
RIO DE JANEIRO, D5
CIK
0001818890
Portfolio Value
$114.6M (Q3 2025)
SEC Filing
0000899140-25-001268 ↗ filed Nov 13, 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 Q2 2025 Q3 2025: $114.6M $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 · $114.6M
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 69.23% 4,953,989 $79.3M Add +10.4%
INTR Inter & Co. Inc. Class A 15.88% 1,970,826 $18.2M Reduce -1.6%
STNE Stoneco Ltd. Class A 14.90% 902,451 $17.1M Reduce -38.0%

Options reported separately and not counted above: EWZS calls ($802K).

Other holdings (1): bonds, preferreds, convertibles and warrants · $45K (not counted above)
SecurityClassShares / PrincipalValueChange
AMBWQ Ambipar Emergency Respons-28 *W EXP 03/03/202 1,075,000$45KNo change

Total filed on the 13F, all lines: $114.6M.

Portfolio Sells Q2 2025 → Q3 2025
STNE Stoneco Ltd. Class A Reduce -38.0% 14.90% −8.49
INTR Inter & Co. Inc. Class A Reduce -1.6% 15.88% +0.96

Portfolio Buys Q2 2025 → Q3 2025
NU Nu Holdings Ltd./Cayman Isl-A Add +10.4% 69.23% +7.53

Options Activity Q2 2025 → Q3 2025
EWZ iShares MSCI Brazil ETF call Sold out 113,422 $989before exit

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