Managers / Q1 2024
Newfoundland Capital Management
CIK 0001697752 · RUA DR. RENATO PAES DE BARROS, 778, CONJUNTO 11, SAO PAULO, D5, 04530-001 · 551151803311
Summary
Newfoundland Capital Management reported $9M in U.S.-listed holdings across 3 positions for Q1 2024.
The portfolio is heavily concentrated: Vasta Platform alone accounts for 96.2% of reported value.
Compared with Q4 2023, the fund opened 2 new positions and exited 4.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Other · 96.2% · $9M
- Common Stock · 1.9% · $178,950
- ADR · 1.9% · $177,560
Quarter-over-Quarter Changes full breakdown →
vs Q4 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NUNU HLDGS LTD | NEW | +15.0K | 15.0K | +$178,950 | $178,950 |
| COMPANHIA PARANAENSE DE ENER | NEW | +23.0K | 23.0K | +$177,560 | $177,560 |
| PBRPETROLEO BRASILEIRO SA PETRO | SOLD OUT | −64.8K | 0 | −$1M | $0 |
| EWZISHARES INC | SOLD OUT | −8.1K | 0 | −$283,106 | $0 |
| DLOCAL LTD | SOLD OUT | −12.0K | 0 | −$212,280 | $0 |
| ALMACENES EXITO S A | SOLD OUT | −24.1K | 0 | −$172,611 | $0 |
| VASTA PLATFORM LTD | ADDED | +145.0K | 2.26M | −$315,255 | $9M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VASTA PLATFORM LTD | CL A | 96.24% | $9M | 2.26M |
| 2 | NUNU HLDGS LTDhistory → | ORD SHS CL A | 1.89% | $178,950 | 15.0K |
| 3 | COMPANHIA PARANAENSE DE ENER | SPON ADS | 1.87% | $177,560 | 23.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2024 | $9M | 3 | May 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $11M | 6 | Feb 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $20M | 9 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $13M | 4 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $17M | 6 | May 16, 2023 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2022 | $16M | 2 | Feb 1, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $363M | 33 | Nov 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $353M | 39 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $341M | 29 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $283M | 47 | Feb 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $587M | 48 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $1.6B | 40 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $303M | 44 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $86M | 35 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $810M | 75 | Nov 5, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $576M | 69 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $462M | 60 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $598M | 56 | Jan 23, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $586M | 68 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019REVEALED | $403M | 54 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $601M | 42 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.