In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 4, 2024), Truxt Investmentos Ltda. reported 21 stock positions worth $148.6 million . Its top holding was MercadoLibre (MELI) at 24.2% of the portfolio, followed by Stoneco Class A (STNE, 21.3% ) and XP Class A (XP, 16.6% ). Compared with Q2 2024, it opened 11 new positions, sold out of 1, added to 3 and reduced 7. The biggest buy was a new position in Stoneco Class A (STNE) and the biggest sale Nu Holdings Ltd./Cayman Isl-A (NU, shares −94% ).
Location RIO DE JANEIRO, D5
CIK 0001721168
Portfolio Value $148.6M (Q3 2024) Holdings 21 stocks · $148.6M Holdings quarter Q2 2026 Q1 2026 Q3 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 MELI MercadoLibre Inc. 17,509 $35.9M Reduce -43.2% STNE Stoneco Ltd. Class A 2,814,799 $31.7M New XP XP Inc. Class A 1,378,658 $24.7M Add +36.5% MSFT Microsoft Corp. 25,856 $11.1M New META Meta Platforms Inc. Class A 10,870 $6.2M Add +8.6% GOOGL Alphabet Inc. Class A 31,993 $5.3M Reduce -50.1% CEG Constellation Energy 20,003 $5.2M New TSM Taiwan Semiconductor-SP ADR 26,433 $4.6M Add +4993.1% MLKMF Waldencast PLC-A 1,069,402 $3.9M Reduce -63.3% NVDA Nvidia Corp. 26,839 $3.3M New NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 230,048 $3.1M Reduce -94.4% SPOT Spotify Technology SA 8,210 $3.0M New AVGO Broadcom Inc. 11,600 $2.0M Reduce -66.6% EPAM Epam Systems Inc. 9,571 $1.9M New ARCO Arcos Dorados Holdings Inc. Class A 214,708 $1.9M New TGS Transportador Gas-ADR SP B 76,913 $1.4M Reduce -15.3% VTEX Vtex Class A 180,838 $1.3M Reduce -2.3% XLE SS Energy Select Sector 9,200 $808K New XOP SS SPDR S&P Og Exp & Prod 6,100 $802K New ECH iShares MSCI Chile ETF 12,238 $334K New IWM iShares Russell 2000 ETF 1,334 $1K New
Options reported separately and not counted above: NU HLDGS LTD puts ($295K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $8K (not counted above) Security Class Shares / Principal Value Change MLKWF Waldencast Acq Class A -CW27 *W EXP 07/27/202 51,000 $8K No change
Total filed on the 13F, all lines: $148.6M.
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q3 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ NU Nu Holdings Ltd./Cayman Isl-A Reduce -94.4% 2.11% −31.34 MELI MercadoLibre Inc. Reduce -43.2% 24.18% −8.07 MLKMF Waldencast PLC-A Reduce -63.3% 2.62% −4.04 GOOGL Alphabet Inc. Class A Reduce -50.1% 3.57% −3.86 AVGO Broadcom Inc. Reduce -66.6% 1.35% −2.20 TGS Transportador Gas-ADR SP B Reduce -15.3% 0.95% −0.15 FXI iShares China Large-Cap ETF Sold out 0.00% −0.12 VTEX Vtex Class A Reduce -2.3% 0.91% +0.05
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q3 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ STNE Stoneco Ltd. Class A New 21.33% +21.33 MSFT Microsoft Corp. New 7.49% +7.49 XP XP Inc. Class A Add +36.5% 16.64% +5.34 CEG Constellation Energy New 3.50% +3.50 TSM Taiwan Semiconductor-SP ADR Add +4993.1% 3.09% +3.03 NVDA Nvidia Corp. New 2.19% +2.19 SPOT Spotify Technology SA New 2.04% +2.04 EPAM Epam Systems Inc. New 1.28% +1.28 ARCO Arcos Dorados Holdings Inc. Class A New 1.26% +1.26 META Meta Platforms Inc. Class A Add +8.6% 4.19% +0.98 XLE SS Energy Select Sector New 0.54% +0.54 XOP SS SPDR S&P Og Exp & Prod New 0.54% +0.54 ECH iShares MSCI Chile ETF New 0.22% +0.22 IWM iShares Russell 2000 ETF New 0.00% +0.00
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ FXI iShares China Large-Cap ETF call Sold out 16,618 $964Kbefore exit NU HLDGS LTD put New 2,761 $295K EWZ iShares MSCI Brazil ETF call Sold out 6 $126before exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024 Security Class Change vs Q2 2024 Shares / Principal Value ▼ ZLSWF Zalatoris II Acquisition Cor *W EXP 99/99/999 Sold out 649,985 $26Kbefore exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 17 $86.6M NU, EZU, AUGO, CPA, ENIC Q1 2026 23 $155.7M SPY, NU, EWY, EWZ, XP Q3 2025 Amended 22 $71.3M NU, STNE, AUGO, KWEB, MSFT Q4 2024 18 $61.7M XP, STNE, MELI, NVDA, META Q3 2024 21 $148.6M MELI, STNE, XP, MSFT, META Q2 2024 11 $157.1M NU, MELI, XP, GOOGL, MLKMF Q1 2024 8 $260.3M MELI, NU, XP, MLKMF, FXI