Managers / Q2 2022 · view latest →
AMS Capital Ltda
CIK 0001717977 · AV. BRIGADEIRO FARIA LIMA 2277, 10TH FLOOR, SAO PAULO, D5, 01452000 · 551130386400
Summary
Ams Capital Ltda reported $189M in U.S.-listed holdings across 17 positions for Q2 2022.
Its largest position, SUZ, represents 16.1% of the portfolio.
Compared with Q1 2022, the fund opened 2 new positions and exited 8.
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
- Common Stock · 46.7% · $88M
- ADR · 39.1% · $74M
- ETP · 9.1% · $17M
- Other · 5.1% · $10M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DGDOLLAR GEN CORP NEW | NEW | +46.9K | 46.9K | +$12M | $12M |
| KRKROGER CO | NEW | +239.2K | 239.2K | +$11M | $11M |
| UNPUNION PAC CORP | SOLD OUT | −42.6K | 0 | −$12M | $0 |
| CMECME GROUP INC | SOLD OUT | −39.0K | 0 | −$9M | $0 |
| GGBGERDAU SA | SOLD OUT | −1.22M | 0 | −$8M | $0 |
| AXPAMERICAN EXPRESS CO | SOLD OUT | −39.2K | 0 | −$7M | $0 |
| AMZNAMAZON COM INC | SOLD OUT | −1.6K | 0 | −$5M | $0 |
| SCHWSCHWAB CHARLES CORP | SOLD OUT | −58.9K | 0 | −$5M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SUZSUZANO S Ahistory → | SPON ADS | 16.09% | $30M | 3.21M |
| 2 | VALEVALE S Ahistory → | SPONSORED ADS | 14.15% | $27M | 1.83M |
| 3 | XBISPDR SER TRhistory → | S&P BIOTECH | 9.14% | $17M | 232.9K |
| 4 | DGDOLLAR GEN CORP NEWhistory → | COM | 6.08% | $12M | 46.9K |
| 5 | KRKROGER COhistory → | COM | 5.98% | $11M | 239.2K |
| 6 | DHRDANAHER CORPORATIONhistory → | COM | 5.98% | $11M | 44.7K |
| 7 | MELIMERCADOLIBRE INChistory → | COM | 5.86% | $11M | 17.4K |
| 8 | SPGIS&P GLOBAL INChistory → | COM | 5.29% | $10M | 29.7K |
| 9 | GOOGLALPHABET INChistory → | CAP STK CL A | 5.19% | $10M | 4.5K |
| 10 | PMPHILIP MORRIS INTL INChistory → | COM | 5.12% | $10M | 98.2K |
| 11 | CANADIAN PAC RY LTD | COM | 5.08% | $10M | 137.7K |
| 12 | DEODIAGEO PLChistory → | SPON ADR NEW | 5.03% | $10M | 54.7K |
| 13 | MSFTMICROSOFT CORPhistory → | COM | 4.58% | $9M | 33.8K |
| 14 | MAMASTERCARD INCORPORATEDhistory → | CL A | 2.61% | $5M | 15.6K |
| 15 | BABAALIBABA GROUP HLDG LTDhistory → | SPONSORED ADS | 2.37% | $4M | 39.6K |
| 16 | SESEA LTDhistory → | SPONSORD ADS | 1.43% | $3M | 40.6K |
| 17 | NBISYANDEX N V | SHS CLASS A | 0.01% | $10,000 | 100.0K |
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 ↗.