SEC 13F Intelligence

Managers / Q1 2022 · view latest →

AMS Capital Ltda

CIK 0001717977 · AV. BRIGADEIRO FARIA LIMA 2277, 10TH FLOOR, SAO PAULO, D5, 01452000 · 551130386400

Reported Value
$265M
Q1 2022
Positions
23
Filings on Record
30
2019–present window
Filed
May 5, 2022
original filing

Summary

Ams Capital Ltda reported $265M in U.S.-listed holdings across 23 positions for Q1 2022.

Its largest position, VALE, represents 15.9% of the portfolio.

Compared with Q4 2021, the fund opened 11 new positions and exited 13.

Portfolio Metrics

Turnover
+39.3%
vs prior filed quarter
Top-10 Concentration
+71.2%
share of reported value
Largest Position
+15.9%
Vale S A
New / Exited
11 / 13
positions this quarter

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

13F Reported Value
Q1 ’19: $209MQ1 ’19Q2 ’19: $140MQ3 ’19: $236MQ4 ’19: $167MQ1 ’20: $163MQ1 ’20Q2 ’20: $251MQ3 ’20: $414MQ4 ’20: $507MQ1 ’21: $633MQ1 ’21Q2 ’21: $702MQ3 ’21: $475MQ4 ’21: $447MQ1 ’22: $265MQ1 ’22Q2 ’22: $189MQ3 ’22: $158MQ4 ’22: $126MQ1 ’23: $82MQ1 ’23Q2 ’23: $85MQ3 ’23: $90MQ4 ’23: $268MQ1 ’24: $365MQ1 ’24Q2 ’24: $478MQ3 ’24: $574MQ4 ’24: $199MQ1 ’25: $243MQ1 ’25Q2 ’25: $265MQ4 ’25: $258MQ1 ’26: $257Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 44.6%ADR: 41.9%ETP: 7.9%Other: 5.5%
  • Common Stock · 44.6% · $118M
  • ADR · 41.9% · $111M
  • ETP · 7.9% · $21M
  • Other · 5.5% · $15M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VALEVALE S ANEW+2.11M2.11M+$42M$42M
CANADIAN PAC RY LTDNEW+178.0K178.0K+$15M$15M
DEODIAGEO PLCNEW+57.3K57.3K+$12M$12M
UNPUNION PAC CORPNEW+42.6K42.6K+$12M$12M
PMPHILIP MORRIS INTL INCNEW+116.3K116.3K+$11M$11M
CMECME GROUP INCNEW+39.0K39.0K+$9M$9M
DHRDANAHER CORPORATIONNEW+30.2K30.2K+$9M$9M
AXPAMERICAN EXPRESS CONEW+39.2K39.2K+$7M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VALEVALE S Ahistory →SPONSORED ADS15.92%$42M2.11M
2SUZSUZANO S Ahistory →SPON ADS15.20%$40M3.47M
3XBISPDR SER TRhistory →S&P BIOTECH7.89%$21M232.9K
4MELIMERCADOLIBRE INChistory →COM5.84%$15M13.0K
5CANADIAN PAC RY LTDCOM5.54%$15M178.0K
6DEODIAGEO PLChistory →SPON ADR NEW4.39%$12M57.3K
7UNPUNION PAC CORPhistory →COM4.38%$12M42.6K
8PMPHILIP MORRIS INTL INChistory →COM4.12%$11M116.3K
9GOOGLALPHABET INChistory →CAP STK CL A3.97%$11M3.8K
10MSFTMICROSOFT CORPhistory →COM3.94%$10M33.9K
11CMECME GROUP INChistory →COM3.50%$9M39.0K
12DHRDANAHER CORPORATIONhistory →COM3.35%$9M30.2K
13SPGIS&P GLOBAL INChistory →COM3.05%$8M19.7K
14GGBGERDAU SAhistory →SPON ADR REP PFD2.95%$8M1.22M
15AXPAMERICAN EXPRESS COhistory →COM2.76%$7M39.2K
16MAMASTERCARD INCORPORATEDhistory →CL A2.56%$7M19.0K
17AMZNAMAZON COM INChistory →COM2.00%$5M1.6K
18SCHWSCHWAB CHARLES CORPhistory →COM1.87%$5M58.9K
19ADBEADOBE SYSTEMS INCORPORATEDhistory →COM1.84%$5M10.7K
20SESEA LTDhistory →SPONSORD ADS1.83%$5M40.6K
21BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.62%$4M39.6K
22LMTLOCKHEED MARTIN CORPhistory →COM1.42%$4M8.5K
23NBISYANDEX N VSHS CLASS A0.04%$100,000100.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$257M15Jun 17, 2026RESTATEMENTchanges · EDGAR ↗
Q4 2025$258M14Jan 21, 202613F-HRchanges · EDGAR ↗
Q2 2025$265M16Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$243M16Apr 10, 202513F-HRchanges · EDGAR ↗
Q4 2024$199M16Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$574M17Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$478M19Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$365M19Apr 23, 202413F-HRchanges · EDGAR ↗
Q4 2023$268M18Jan 18, 202413F-HRchanges · EDGAR ↗
Q3 2023$90M15Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$85M14Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$82M12May 8, 202313F-HRchanges · EDGAR ↗
Q4 2022$126M13Jan 19, 202313F-HRchanges · EDGAR ↗
Q3 2022$158M12Oct 27, 202213F-HRchanges · EDGAR ↗
Q2 2022$189M17Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$265M23May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$447M25Feb 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$475M25Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$702M29Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$633M28May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$507M30Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$414M31Oct 23, 202013F-HRchanges · EDGAR ↗
Q2 2020$251M22Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$163M24May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$167M17Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$236M27Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$140M18Aug 1, 201913F-HRchanges · EDGAR ↗
Q1 2019$209M21May 2, 201913F-HRchanges · 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 ↗.