In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Truxt Investmentos Ltda. reported 18 stock positions worth $61.7 million . Its top holding was XP Class A (XP) at 18.7% of the portfolio, followed by Stoneco Class A (STNE, 14.4% ) and MercadoLibre (MELI, 11.5% ). Compared with Q3 2024, it opened 7 new positions, sold out of 10, added to 1 and reduced 10. The biggest buy was Nvidia (NVDA, shares +24% ) and the biggest sale MercadoLibre (MELI, shares −76% ).
Location RIO DE JANEIRO, D5
CIK 0001721168
Portfolio Value $61.7M (Q4 2024) Holdings 18 stocks · $61.7M 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 Q3 2024 XP XP Inc. Class A 977,760 $11.5M Reduce -29.1% STNE Stoneco Ltd. Class A 1,130,361 $8.9M Reduce -59.8% MELI MercadoLibre Inc. 4,136 $7.1M Reduce -76.4% NVDA Nvidia Corp. 33,235 $4.6M Add +23.8% META Meta Platforms Inc. Class A 7,150 $4.2M Reduce -34.2% MSFT Microsoft Corp. 7,572 $3.2M Reduce -70.7% AAL American Airlines Group Inc. 172,262 $3.0M New MLKMF Waldencast PLC-A 757,700 $2.9M Reduce -29.1% ALK Alaska Air Group Inc. 44,813 $2.9M New SPOT Spotify Technology SA 5,696 $2.6M Reduce -30.6% EDN Emp Distrib Y Comerc Nor-ADR filed as EMPRESA DIST Y COMERCIAL NOR 42,029 $1.8M New URA Global X Uranium ETF 61,588 $1.7M New TGS Transportador Gas-ADR SP B 47,147 $1.4M Reduce -38.7% TPG TPG Inc. 21,566 $1.4M New RDDT Reddit Inc. Class A 7,982 $1.3M New CEG Constellation Energy 5,240 $1.2M Reduce -73.8% BCH Banco DE Chile-ADR 51,761 $1.2M New TSM Taiwan Semiconductor-SP ADR 4,072 $816K Reduce -84.6%
Other holdings (1): bonds, preferreds, convertibles and warrants · $9K (not counted above) Security Class Shares / Principal Value Change MLKWF Waldencast Acq Class A -CW27 *W EXP 07/27/202 51,000 $9K No change
Total filed on the 13F, all lines: $61.7M.
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q3 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ MELI MercadoLibre Inc. Reduce -76.4% 11.53% −12.64 STNE Stoneco Ltd. Class A Reduce -59.8% 14.43% −6.90 GOOGL Alphabet Inc. Class A Sold out 0.00% −3.57 MSFT Microsoft Corp. Reduce -70.7% 5.21% −2.28 NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −2.11 TSM Taiwan Semiconductor-SP ADR Reduce -84.6% 1.32% −1.77 CEG Constellation Energy Reduce -73.8% 1.92% −1.58 AVGO Broadcom Inc. Sold out 0.00% −1.35 EPAM Epam Systems Inc. Sold out 0.00% −1.28 ARCO Arcos Dorados Holdings Inc. Class A Sold out 0.00% −1.26 VTEX Vtex Class A Sold out 0.00% −0.91 XLE SS Energy Select Sector Sold out 0.00% −0.54 XOP SS SPDR S&P Og Exp & Prod Sold out 0.00% −0.54 ECH iShares MSCI Chile ETF Sold out 0.00% −0.22 IWM iShares Russell 2000 ETF Sold out 0.00% −0.00 TGS Transportador Gas-ADR SP B Reduce -38.7% 2.26% +1.31 XP XP Inc. Class A Reduce -29.1% 18.66% +2.01 SPOT Spotify Technology SA Reduce -30.6% 4.17% +2.13 MLKMF Waldencast PLC-A Reduce -29.1% 4.77% +2.15 META Meta Platforms Inc. Class A Reduce -34.2% 6.85% +2.66
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q3 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ NVDA Nvidia Corp. Add +23.8% 7.40% +5.21 AAL American Airlines Group Inc. New 4.92% +4.92 ALK Alaska Air Group Inc. New 4.71% +4.71 EDN Emp Distrib Y Comerc Nor-ADR New 2.93% +2.93 URA Global X Uranium ETF New 2.68% +2.68 TPG TPG Inc. New 2.21% +2.21 RDDT Reddit Inc. Class A New 2.14% +2.14 BCH Banco DE Chile-ADR New 1.89% +1.89
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ NU HLDGS LTD put Sold out 2,761 $295Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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