Managers / Q1 2019 · view latest →
AMS Capital Ltda
CIK 0001717977 · AV. BRIGADEIRO FARIA LIMA 2277, 10TH FLOOR, SAO PAULO, D5, 01452000 · 551130386400
Summary
Ams Capital Ltda reported $209M in U.S.-listed holdings across 21 positions for Q1 2019.
The portfolio is heavily concentrated: IVV alone accounts for 50.7% of reported value.
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
- ETP · 66.2% · $139M
- ADR · 30.0% · $63M
- Common Stock · 3.3% · $7M
- Other · 0.5% · $970,000
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| IVVISHARES TR | NEW | +182.6K | 182.6K | +$52M | $52M |
| MCHIISHARES TR | NEW | +707.3K | 707.3K | +$44M | $44M |
| SPYSPDR S&P 500 ETF TR | NEW | +79.0K | 79.0K | +$22M | $22M |
| VALEVALE S A | NEW | +1.14M | 1.14M | +$15M | $15M |
| GGBGERDAU S A | NEW | +2.78M | 2.78M | +$11M | $11M |
| DBX ETF TR | NEW | +354.1K | 354.1K | +$10M | $10M |
| EEMISHARES TR | NEW | +233.5K | 233.5K | +$10M | $10M |
| BBDBANCO BRADESCO S A | NEW | +830.9K | 830.9K | +$9M | $9M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IVVISHARES TR | CORE S&P500 ETF · MSCI CHINA ETF · MSCI EMG MKT ETF | 50.70% | $106M | 1.12M |
| 2 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 10.66% | $22M | 79.0K |
| 3 | VALEVALE S Ahistory → | SPONSORED ADS | 7.10% | $15M | 1.14M |
| 4 | GGBGERDAU S Ahistory → | SPON ADR REP PFD | 5.16% | $11M | 2.78M |
| 5 | DBX ETF TR | XTRACK HRVST CSI | 4.86% | $10M | 354.1K |
| 6 | BBDBANCO BRADESCO S Ahistory → | SP ADR PFD NEW | 4.33% | $9M | 830.9K |
| 7 | PBR/APETROLEO BRASILEIRO SA PETROhistory → | SP ADR NON VTG | 3.56% | $7M | 520.7K |
| 8 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 1.48% | $3M | 17.0K |
| 9 | ITUBITAU UNIBANCO HLDG SAhistory → | SPON ADR REP PFD | 1.47% | $3M | 349.6K |
| 10 | BZUNBAOZUN INChistory → | SPONSORED ADR | 1.31% | $3M | 66.1K |
| 11 | PAMPAMPA ENERGIA S Ahistory → | SPONS ADR LVL I | 1.29% | $3M | 98.0K |
| 12 | BMABANCO MACRO SAhistory → | SPON ADR B | 1.25% | $3M | 57.3K |
| 13 | GGALGRUPO FINANCIERO GALICIA S Ahistory → | SPONSORED ADR | 1.11% | $2M | 91.0K |
| 14 | YPFYPF SOCIEDAD ANONIMA | SPON ADR CL D | 0.92% | $2M | 137.0K |
| 15 | LOMALOMA NEGRA CORP | SPONSORED ADS | 0.54% | $1M | 104.0K |
| 16 | EAELECTRONIC ARTS INC | COM | 0.52% | $1M | 10.8K |
| 17 | TEOTELECOM ARGENTINA S A | SPON ADR REP B | 0.50% | $1M | 72.4K |
| 18 | PROSHARES TR II | ULTRA VIX SHORT | 0.46% | $970,000 | 24.9K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $257M | 15 | Jun 17, 2026 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2025 | $258M | 14 | Jan 21, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $265M | 16 | Aug 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $243M | 16 | Apr 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $199M | 16 | Jan 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $574M | 17 | Oct 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $478M | 19 | Aug 5, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $365M | 19 | Apr 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $268M | 18 | Jan 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $90M | 15 | Oct 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $85M | 14 | Jul 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $82M | 12 | May 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $126M | 13 | Jan 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $158M | 12 | Oct 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $189M | 17 | Aug 4, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $265M | 23 | May 5, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $447M | 25 | Feb 3, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $475M | 25 | Oct 26, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $702M | 29 | Aug 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $633M | 28 | May 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $507M | 30 | Feb 8, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $414M | 31 | Oct 23, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $251M | 22 | Aug 4, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $163M | 24 | May 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $167M | 17 | Feb 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $236M | 27 | Nov 5, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $140M | 18 | Aug 1, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $209M | 21 | May 2, 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 ↗.