Managers / Q1 2023 · view latest →
AMS Capital Ltda
CIK 0001717977 · AV. BRIGADEIRO FARIA LIMA 2277, 10TH FLOOR, SAO PAULO, D5, 01452000 · 551130386400
Summary
Ams Capital Ltda reported $82M in U.S.-listed holdings across 12 positions for Q1 2023.
Its largest position, EWZ, represents 16.8% of the portfolio.
Compared with Q4 2022, the fund opened 3 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
- Common Stock · 59.5% · $49M
- ETP · 26.6% · $22M
- ADR · 8.7% · $7M
- Other · 5.2% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| EWZISHARES INC | NEW | +5.0K | 5.0K | +$14M | $14M |
| QQQINVESCO QQQ TR | NEW | +250 | 250 | +$8M | $8M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | NEW | +76.0K | 76.0K | +$7M | $7M |
| AZOAUTOZONE INC | ADDED | +3.8K | 5.0K | +$9M | $12M |
| SUZSUZANO S A | SOLD OUT | −2.66M | 0 | −$25M | $0 |
| XBISPDR SER TR | SOLD OUT | −232.9K | 0 | −$19M | $0 |
| NUNU HLDGS LTD | SOLD OUT | −3.45M | 0 | −$14M | $0 |
| DEODIAGEO PLC | SOLD OUT | −66.4K | 0 | −$12M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | EWZISHARES INChistory → | MSCI BRAZIL ETF | 16.78% | $14M | 5.0K |
| 2 | AZOAUTOZONE INChistory → | COM | 15.19% | $12M | 5.0K |
| 3 | TDGTRANSDIGM GROUP INChistory → | COM | 13.33% | $11M | 14.8K |
| 4 | QQQINVESCO QQQ TRhistory → | UNIT SER 1 | 9.84% | $8M | 250 |
| 5 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 8.66% | $7M | 76.0K |
| 6 | BAHBOOZ ALLEN HAMILTON HLDG CORhistory → | CL A | 8.27% | $7M | 72.8K |
| 7 | DGDOLLAR GEN CORP NEWhistory → | COM | 6.60% | $5M | 25.6K |
| 8 | DHRDANAHER CORPORATIONhistory → | COM | 6.57% | $5M | 21.3K |
| 9 | CANADIAN PAC RY LTD | COM | 5.20% | $4M | 55.1K |
| 10 | SPGIS&P GLOBAL INChistory → | COM | 5.06% | $4M | 12.0K |
| 11 | MAMASTERCARD INCORPORATEDhistory → | CL A | 4.47% | $4M | 10.0K |
| 12 | 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 ↗.