Wealth High Governance Capital Ltda
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Wealth High Governance Capital Ltda reported 33 stock positions worth $322.4 million. Its top holding was NRG Energy (NRG) at 12.4% of the portfolio, followed by Broadcom (AVGO, 7.4%) and On Class A (ONON, 6.0%). Compared with Q1 2025, it opened 18 new positions, sold out of 11, added to 10 and reduced 3. The biggest buy was NRG Energy (NRG, shares +567%) and the biggest sale an exit from SS SPDR Dow Jones Indus Avg (DIA).
- Most Recent 13F
- Q2 2026
- Location
- SAO PAULO, D5
- CIK
- 0002028828
- Portfolio Value
- $322.4M (Q2 2025)
- SEC Filing
- 0002028828-25-000013 ↗ filed Aug 14, 2025
Holdings Value
Holdings 33 stocks · $322.4M
| NRG NRG Energy Inc. | 12.35% | 248,000 | $39.8M | Add +566.7% |
| AVGO Broadcom Inc. | 7.42% | 86,800 | $23.9M | Add +133.3% |
| ONON On Holding AG Class A filed as ON HLDG AG | 6.01% | 372,000 | $19.4M | Add +650.0% |
| AMZN Amazon.com Inc. | 5.91% | 86,800 | $19.0M | New |
| MSFT Microsoft Corp. | 5.74% | 37,200 | $18.5M | New |
| CCL Carnival Corp. | 5.41% | 620,001 | $17.4M | Add +100.0% |
| FLUT Flutter Entertainment PLC-Di | 4.40% | 49,600 | $14.2M | New |
| META Meta Platforms Inc. Class A | 4.26% | 18,600 | $13.7M | Add +200.1% |
| BIRK Birkenstock Holding PLC | 4.26% | 279,001 | $13.7M | Add +1025.0% |
| CLS Celestica Inc. | 4.20% | 86,800 | $13.6M | Add +133.3% |
| SRAD Sportradar Group AG-A | 3.51% | 403,000 | $11.3M | Add +712.5% |
| EQT Eqt Corp. | 2.80% | 154,999 | $9.0M | Reduce -16.7% |
| HLI Houlihan Lokey Inc. | 2.77% | 49,600 | $8.9M | New |
| EXE Expand Energy Corp. | 2.70% | 74,400 | $8.7M | New |
| AMD Advanced Micro Devices | 2.46% | 55,800 | $7.9M | New |
| PAAS Pan American Silver Corp. | 2.18% | 248,001 | $7.0M | New |
| ELF Elf Beauty Inc. | 2.15% | 55,800 | $6.9M | New |
| JEF Jefferies Financial Group Inc. | 2.10% | 124,000 | $6.8M | New |
| EAT Brinker International Inc. | 2.08% | 37,200 | $6.7M | Add +50.0% |
| AGI Alamos Gold Inc. Class A | 2.04% | 248,000 | $6.6M | New |
| HBM Hudbay Minerals Inc. | 2.04% | 620,884 | $6.6M | No change |
| MELI MercadoLibre Inc. | 2.01% | 2,480 | $6.5M | New |
| CW Curtiss-Wright Corp. | 1.88% | 12,400 | $6.1M | New |
| HPE Hewlett Packard Enterprise | 1.57% | 248,000 | $5.1M | New |
| CYBR Cyberark Software Ltd./Israel | 1.57% | 12,400 | $5.0M | New |
| AEM Agnico Eagle Mines Ltd. | 1.37% | 37,200 | $4.4M | New |
| UAL United Airlines Holdings Inc. | 1.23% | 49,600 | $3.9M | Add +166.7% |
| RBLX Roblox Corp. Class A | 1.21% | 37,200 | $3.9M | New |
| FCX Freeport-McMoran Inc. | 0.83% | 62,000 | $2.7M | New |
| CVNA Carvana Co. | 0.65% | 6,200 | $2.1M | New |
| EC Ecopetrol SA-Sponsored ADR | 0.51% | 186,000 | $1.6M | No change |
| VIST Vista Energy Sab DE CV | 0.19% | 12,668 | $606K | Reduce -66.2% |
| CIB Grupo Cibest SA-ADR | 0.18% | 12,400 | $573K | Reduce -39.9% |
Portfolio Sells Q1 2025 → Q2 2025
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −30.19 |
| COPX Global X Copper Miners ETF | Sold out | 0.00% | −7.92 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −7.45 |
| GAP The Gap Inc. | Sold out | 0.00% | −5.01 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −4.24 |
| EQT Eqt Corp. | Reduce -16.7% | 2.80% | −3.69 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −3.22 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −2.72 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −2.69 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −2.12 |
| VIST Vista Energy Sab DE CV | Reduce -66.2% | 0.19% | −0.95 |
| CENX Century Aluminum Company | Sold out | 0.00% | −0.75 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.44 |
| CIB Grupo Cibest SA-ADR | Reduce -39.9% | 0.18% | −0.36 |
Portfolio Buys Q1 2025 → Q2 2025
| NRG NRG Energy Inc. | Add +566.7% | 12.35% | +10.03 |
| AMZN Amazon.com Inc. | New | 5.91% | +5.91 |
| MSFT Microsoft Corp. | New | 5.74% | +5.74 |
| ONON On Holding AG Class A | Add +650.0% | 6.01% | +4.58 |
| FLUT Flutter Entertainment PLC-Di | New | 4.40% | +4.40 |
| BIRK Birkenstock Holding PLC | Add +1025.0% | 4.26% | +3.51 |
| AVGO Broadcom Inc. | Add +133.3% | 7.42% | +3.35 |
| SRAD Sportradar Group AG-A | Add +712.5% | 3.51% | +2.81 |
| HLI Houlihan Lokey Inc. | New | 2.77% | +2.77 |
| EXE Expand Energy Corp. | New | 2.70% | +2.70 |
| AMD Advanced Micro Devices | New | 2.46% | +2.46 |
| CLS Celestica Inc. | Add +133.3% | 4.20% | +2.29 |
| PAAS Pan American Silver Corp. | New | 2.18% | +2.18 |
| ELF Elf Beauty Inc. | New | 2.15% | +2.15 |
| JEF Jefferies Financial Group Inc. | New | 2.10% | +2.10 |
| AGI Alamos Gold Inc. Class A | New | 2.04% | +2.04 |
| MELI MercadoLibre Inc. | New | 2.01% | +2.01 |
| META Meta Platforms Inc. Class A | Add +200.1% | 4.26% | +1.92 |
| CW Curtiss-Wright Corp. | New | 1.88% | +1.88 |
| HPE Hewlett Packard Enterprise | New | 1.57% | +1.57 |
| CYBR Cyberark Software Ltd./Israel | New | 1.57% | +1.57 |
| CCL Carnival Corp. | Add +100.0% | 5.41% | +1.45 |
| AEM Agnico Eagle Mines Ltd. | New | 1.37% | +1.37 |
| RBLX Roblox Corp. Class A | New | 1.21% | +1.21 |
| FCX Freeport-McMoran Inc. | New | 0.83% | +0.83 |
| CVNA Carvana Co. | New | 0.65% | +0.65 |
| UAL United Airlines Holdings Inc. | Add +166.7% | 1.23% | +0.39 |
| EAT Brinker International Inc. | Add +50.0% | 2.08% | −0.34 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 35 | $334.4M | GNRC, GLW, PH, TKR, AMD |
| Q1 2026 | 46 | $333.2M | FIX, ROST, PH, PAAS, NRG |
| Q4 2025Amended | 46 | $341.3M | NRG, ALB, NXT, SQM, LITE |
| Q3 2025 | 35 | $348.2M | COPX, EQT, EXE, NRG, JEF |
| Q2 2025 | 33 | $322.4M | NRG, AVGO, ONON, AMZN, MSFT |
| Q1 2025 | 26 | $153.0M | DIA, COPX, GDX, EQT, GAP |
| Q4 2024Amended | 45 | $278.8M | META, BIRK, NVDA, CSCO, AMZN |
| Q3 2024 | 41 | $284.9M | ELF, META, ANF, WING, CCJ |
| Q2 2024 | 41 | $403.2M | AVGO, ANF, IGV, TSLA, MDB |
| Q1 2024 | 61 | $447.3M | XLE, AVGO, XLU, MDB, SUZ |