Managers / Q1 2025 · view latest →
AMS Capital Ltda
CIK 0001717977 · AV. BRIGADEIRO FARIA LIMA 2277, 10TH FLOOR, SAO PAULO, D5, 01452000 · 551130386400
Summary
Ams Capital Ltda reported $243M in U.S.-listed holdings across 16 positions for Q1 2025.
Its largest position, MSFT, represents 15.0% of the portfolio.
Compared with Q4 2024, the fund opened 2 new positions and exited 2.
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 · 76.9% · $187M
- ETP · 14.2% · $34M
- ADR · 5.4% · $13M
- Other · 3.5% · $9M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| IVVISHARES TR | NEW | +61.1K | 61.1K | +$34M | $34M |
| SPOTSPOTIFY TECHNOLOGY S A | NEW | +1.8K | 1.8K | +$1M | $1M |
| NVDANVIDIA CORPORATION | ADDED | +84.0K | 125.1K | +$8M | $14M |
| PGRPROGRESSIVE CORP | SOLD OUT | −47.6K | 0 | −$11M | $0 |
| AVGOBROADCOM INC | SOLD OUT | −14.5K | 0 | −$3M | $0 |
| BNBROOKFIELD CORP | ADDED | +94.6K | 190.8K | +$4M | $10M |
| CPNGCOUPANG INC | ADDED | +224.7K | 461.6K | +$5M | $10M |
| WDAYWORKDAY INC | ADDED | +12.1K | 26.4K | +$2M | $6M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MSFTMICROSOFT CORPhistory → | COM | 14.97% | $36M | 96.8K |
| 2 | IVVISHARES TRhistory → | CORE S&P500 ETF | 14.16% | $34M | 61.1K |
| 3 | AMZNAMAZON COM INChistory → | COM | 13.12% | $32M | 167.3K |
| 4 | METAMETA PLATFORMS INChistory → | CL A | 11.02% | $27M | 46.4K |
| 5 | NUNU HLDGS LTDhistory → | ORD SHS CL A | 8.81% | $21M | 2.09M |
| 6 | VVISA INChistory → | COM CL A | 5.73% | $14M | 39.7K |
| 7 | NVDANVIDIA CORPORATIONhistory → | COM | 5.59% | $14M | 125.1K |
| 8 | TDGTRANSDIGM GROUP INChistory → | COM | 4.91% | $12M | 8.6K |
| 9 | CPNGCOUPANG INChistory → | CL A | 4.17% | $10M | 461.6K |
| 10 | BNBROOKFIELD CORPhistory → | CL A LTD VT SH | 4.11% | $10M | 190.8K |
| 11 | VTEX | SHS CL A | 3.55% | $9M | 1.70M |
| 12 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 2.73% | $7M | 39.9K |
| 13 | PDDPINDUODUO INChistory → | SPONSORED ADS | 2.68% | $6M | 54.9K |
| 14 | WDAYWORKDAY INChistory → | CL A | 2.54% | $6M | 26.4K |
| 15 | SPGIS&P GLOBAL INChistory → | COM | 1.51% | $4M | 7.2K |
| 16 | SPOTSPOTIFY TECHNOLOGY S A | SHS | 0.41% | $1M | 1.8K |
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 ↗.