Managers / Q2 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 $140M in U.S.-listed holdings across 18 positions for Q2 2019.
The portfolio is heavily concentrated: MCHI alone accounts for 40.4% of reported value.
Compared with Q1 2019, the fund opened 2 new positions and exited 5.
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 · 48.0% · $67M
- ADR · 31.6% · $44M
- Common Stock · 16.6% · $23M
- Other · 3.8% · $5M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MELIMERCADOLIBRE INC | NEW | +20.0K | 20.0K | +$12M | $12M |
| MOALTRIA GROUP INC | NEW | +93.8K | 93.8K | +$4M | $4M |
| PROSHARES TR II | ADDED | +145.1K | 170.0K | +$4M | $5M |
| IVVISHARES TR | SOLD OUT | −182.6K | 0 | −$52M | $0 |
| SPYSPDR S&P 500 ETF TR | SOLD OUT | −79.0K | 0 | −$22M | $0 |
| BBDBANCO BRADESCO S A | SOLD OUT | −830.9K | 0 | −$9M | $0 |
| PBR/APETROLEO BRASILEIRO SA PETRO | SOLD OUT | −520.7K | 0 | −$7M | $0 |
| BZUNBAOZUN INC | SOLD OUT | −66.1K | 0 | −$3M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MCHIISHARES TR | MSCI CHINA ETF · MSCI EMG MKT ETF | 40.36% | $57M | 1.02M |
| 2 | VALEVALE S Ahistory → | SPONSORED ADS | 11.54% | $16M | 1.21M |
| 3 | MELIMERCADOLIBRE INChistory → | COM | 8.71% | $12M | 20.0K |
| 4 | DBX ETF TR | XTRACK HRVST CSI | 7.66% | $11M | 382.0K |
| 5 | GGBGERDAU S Ahistory → | SPON ADR REP PFD | 5.22% | $7M | 1.88M |
| 6 | PROSHARES TR II | ULTRA VIX SHORT | 3.81% | $5M | 170.0K |
| 7 | MOALTRIA GROUP INChistory → | COM | 3.16% | $4M | 93.8K |
| 8 | BMABANCO MACRO SAhistory → | SPON ADR B | 2.97% | $4M | 57.3K |
| 9 | ITUBITAU UNIBANCO HLDG SAhistory → | SPON ADR REP PFD | 2.50% | $4M | 372.8K |
| 10 | PAMPAMPA ENERGIA S Ahistory → | SPONS ADR LVL I | 2.42% | $3M | 98.0K |
| 11 | GGALGRUPO FINANCIERO GALICIA S Ahistory → | SPONSORED ADR | 2.30% | $3M | 91.0K |
| 12 | YPFYPF SOCIEDAD ANONIMAhistory → | SPON ADR CL D | 1.78% | $2M | 137.0K |
| 13 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 1.11% | $2M | 9.2K |
| 14 | TEOTELECOM ARGENTINA S A | SPON ADR REP B | 0.91% | $1M | 72.4K |
| 15 | LOMALOMA NEGRA CORP | SPONSORED ADS | 0.87% | $1M | 104.0K |
| 16 | EAELECTRONIC ARTS INC | COM | 0.78% | $1M | 10.8K |
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 ↗.