Kapitalo Investimentos Ltda
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| TESLA INC OPT | TSLA | $258.8M | 300,429 | - | new | NEW | |
| ISHARES TR | IVV | $156.1M | 208,479 | +1.39pp | 2q | +201.2%+$104.3M | |
| STATE STR SPDR S&P 500 ETF T | SPY | $150.3M | 201,260 | +9.53pp | 2q | HELD | |
| AMAZON COM INC OPT | AMZN | $121.3M | 459,139 | -1.92pp | 6q | +87.4%+$56.6M | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $87.4M | 183,054 | +5.24pp | 6q | +3726.4%+$85.1M | |
| SPDR SERIES TRUST | KRE | $75.4M | 1,006,900 | - | new | NEW | |
| NVIDIA CORPORATION | NVDA | $74.2M | 371,034 | -2.82pp | 2q | +61.8%+$28.3M | |
| NETFLIX INC OPT | NFLX | $68.5M | 480,000 | - | new | NEW | |
| META PLATFORMS INC | META | $67.9M | 120,563 | -0.43pp | 6q | +174.1%+$43.1M | |
| PALANTIR TECHNOLOGIES INC OPT | PLTR | $51.3M | 220,000 | - | new | NEW | |
| ELECTRONIC ARTS INC | EA | $38.0M | 185,573 | -5.76pp | 3q | -13.0%-$5.7M | |
| SPDR SERIES TRUST OPT | XBI | $36.4M | options only | - | new | OPTIONS | |
| VISTRA CORP | VST | $36.2M | 228,300 | -3.86pp | 3q | +4.8%+$1.7M | |
| ERO COPPER CORP | ERO | $28.8M | 1,076,696 | -3.58pp | 11q | HELD | |
| ISHARES TR OPT | IEF | $28.4M | options only | - | new | OPTIONS | |
| WARNER BROS DISCOVERY INC | WBD | $23.3M | 872,311 | -0.76pp | 2q | +101.5%+$11.7M | |
| ISHARES TR OPT | SOXX | $21.9M | 9,200 | - | new | NEW | |
| TECK RESOURCES LTD | TECK | $21.0M | 352,859 | -2.11pp | 6q | HELD | |
| ISHARES TR OPT | IGV | $18.1M | options only | - | new | OPTIONS | |
| EMBRAER S.A. | EMBJ | $16.5M | 259,155 | -0.42pp | 5q | +97.5%+$8.2M | |
| AXIA ENERGIA SA | AXIA | $13.4M | 1,271,245 | +0.45pp | 8q | +578.7%+$11.4M | |
| SUZANO S A | SUZ | $13.3M | 1,709,143 | -1.22pp | 9q | +56.1%+$4.8M | |
| MASTERCARD INCORPORATED | MA | $12.8M | 24,937 | +0.75pp | 3q | +3889.9%+$12.5M | |
| RIO TINTO PLC | RIO | $12.1M | 127,754 | -1.47pp | 13q | HELD | |
| YPF SOCIEDAD ANONIMA | YPF | $11.7M | 257,612 | -1.50pp | 4q | HELD | |
| VALE S A | VALE | $11.5M | 766,128 | -1.24pp | 2q | +16.6%+$1.6M | |
| MICROSOFT CORP | MSFT | $10.9M | 29,335 | -2.00pp | 13q | -24.3%-$3.5M | |
| S&P GLOBAL INC | SPGI | $10.9M | 27,295 | +0.63pp | 2q | +3563.8%+$10.6M | |
| NU HLDGS LTD | NU | $10.8M | 811,923 | -1.19pp | 2q | +16.6%+$1.5M | |
| CAPITAL ONE FINL CORP | COF | $10.0M | 49,880 | - | new | NEW | |
| AES CORP | AES | $9.1M | 618,623 | -3.18pp | 2q | -56.3%-$11.7M | |
| DIGITALBRIDGE GROUP INC | DBRG | $8.1M | 510,475 | -0.80pp | 2q | +13.4%+$949.1K | |
| ISHARES INC | ECH | $7.1M | 177,631 | -0.74pp | 2q | +11.6%+$734.5K | |
| SEA LTD | SE | $6.9M | 72,312 | +0.37pp | 2q | +1597.5%+$6.5M | |
| GERDAU SA | GGB | $5.7M | 1,400,017 | -1.45pp | 2q | -47.4%-$5.1M | |
| INVESCO EXCHANGE TRADED FD T | RSP | $5.1M | 24,000 | - | new | NEW | |
| LOMA NEGRA CORP | LOMA | $4.3M | 378,600 | -0.52pp | 6q | HELD | |
| BRIGHTHOUSE FINL INC | BHF | $4.3M | 67,400 | -0.49pp | 2q | HELD | |
| ULTRAPAR PARTICIPACOES SA | UGP | $3.9M | 779,409 | -0.70pp | 4q | -14.9%-$683.0K | |
| XP INC | XP | $3.7M | 225,664 | -0.58pp | 21q | HELD | |
| EVE HLDG INC | EVEX | $2.8M | 1,100,000 | -0.34pp | 15q | HELD | |
| MOODYS CORP | MCO | $2.7M | 5,900 | - | new | NEW | |
| ISHARES TR | FXI | $2.5M | 77,718 | -0.38pp | 6q | HELD | |
| WEBSTER FINL CORP | WBS | $2.1M | 28,073 | -0.54pp | 2q | -45.9%-$1.8M | |
| DOORDASH INC | DASH | $2.0M | 10,900 | - | new | NEW | |
| VISA INC | V | $1.7M | 4,952 | +0.05pp | 4q | +362.8%+$1.3M | |
| APPLE INC | AAPL | $1.7M | 5,802 | -0.11pp | 2q | +29.7%+$384.0K | |
| TELEFONICA BRASIL SA | VIV | $1.6M | 123,667 | -0.27pp | 3q | HELD | |
| MICRON TECHNOLOGY INC | MU | $1.2M | 1,000 | - | new | NEW | |
| KENVUE INC | KVUE | $1.1M | 58,000 | -0.11pp | 4q | +3.6%+$38.2K | |
| MERCADOLIBRE INC | MELI | $772.3K | 455 | - | new | NEW | |
| COMPANHIA DE SANEAMENTO BASI | SBS | $558.7K | 96,668 | -0.93pp | 2q | -42.6%-$414.6K | |
| SIXTH STREET SPECIALTY LENDI | TSLX | $344.8K | 20,080 | - | new | NEW | |
| DISNEY WALT CO | DIS | $309.9K | 3,220 | -0.04pp | 7q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Autos & Aerospace | $278.1M | 17.6% |
| Software & IT Services | $168.2M | 10.7% |
| Semiconductors & Electronics | $162.8M | 10.3% |
| Funds & ETFs | $150.6M | 9.6% |
| Retail & Consumer | $121.3M | 7.7% |
| Telecom & Media | $93.7M | 5.9% |
| Mining & Metals | $79.1M | 5.0% |
| Utilities | $59.3M | 3.8% |
| Business Services | $37.8M | 2.4% |
| Other sectors | $75.0M | 4.8% |
| Not classified | $350.9M | 22.3% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.6B | 54 | 15 | 20 | 7 | 11 | 70.5% | 45 |
| Q1 2026 | $531.5M | 50 | 27 | 7 | 10 | 14 | 63.5% | 37 |
| Q4 2025 | $522.5M | 37 | 9 | 8 | 9 | 34 | 82.2% | 28 |
| Q3 2025 | $537.1M | 62 | 26 | 16 | 14 | 82 | 75.8% | 34 |
| Q2 2025 | $461.4M | 118 | 86 | 12 | 17 | 51 | 71.2% | 14 |
| Q1 2025 | $493.2M | 83 | 59 | 15 | 6 | 250 | 68.6% | 37 |
| Q4 2024 | $149.5M | 274 | 206 | 17 | 46 | 89 | 70.0% | 45 |
| Q3 2024 | $410.2M | 157 | 76 | 41 | 32 | 83 | 65.7% | 15 |
| Q2 2024 | $333.6M | 164 | 64 | 28 | 65 | 157 | 64.2% | 45 |
| Q1 2024 | $455.7M | 257 | 55 | 110 | 88 | 323 | 54.3% | 45 |
| Q4 2023 | $484.6M | 525 | 227 | 122 | 169 | 232 | 51.9% | 89 |
| Q3 2023 | $735.9M | 530 | 266 | 143 | 116 | 193 | 60.7% | 181 |
| Q2 2023 | $538.1M | 457 | 334 | 70 | 50 | 289 | 58.2% | 273 |
| Q1 2023 | $305.6M | 412 | 343 | 51 | 9 | 111 | 55.0% | 364 |
| Q4 2022 | $133.4M | 180 | 158 | 7 | 6 | 15 | 72.3% | 454 |
| Q3 2022 | $241.6M | 37 | 13 | 3 | 7 | 10 | 91.7% | 546 |
| Q2 2022 | $155.9M | 34 | 14 | 8 | 6 | 14 | 81.4% | 638 |
| Q1 2022 | $95.0M | 34 | 13 | 6 | 10 | 13 | 83.6% | 729 |
| Q4 2021 | $86.8M | 34 | 7 | 6 | 14 | 15 | 84.7% | 818 |
| Q3 2021 | $188.4M | 42 | 16 | 8 | 12 | 9 | 81.0% | 910 |
| Q2 2021 | $217.6M | 35 | 22 | 2 | 9 | 12 | 81.4% | 1,002 |
| Q1 2021 | $91.0M | 25 | 20 | 3 | 1 | 10 | 86.8% | 1,093 |
| Q4 2020 | $184.9M | 15 | 12 | 1 | 2 | 12 | 99.3% | 1,183 |
| Q3 2020 | $105.6M | 15 | 6 | 4 | 4 | 8 | 98.8% | 1,275 |
| Q2 2020 | $133.1M | 17 | 10 | 3 | 3 | 8 | 96.2% | 1,367 |
| Q1 2020 | $39.0M | 15 | 11 | 0 | 3 | 13 | 97.7% | 1,458 |
| Q4 2019 | $225.3M | 17 | 8 | 2 | 4 | 14 | 97.8% | 1,549 |
| Q3 2019 | $194.1M | 23 | 11 | 5 | 3 | 5 | 94.7% | 1,641 |
| Q2 2019 | $107.1M | 17 | 12 | 1 | 2 | 4 | 96.0% | 1,733 |
| Q1 2019 | $173.7M | 9 | 3 | 2 | 1 | 5 | 100.0% | 1,824 |
| Q4 2018 | $237.5M | 11 | 0 | 0 | 0 | 0 | 99.9% | 1,914 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.