SEC 13F Intelligence

Managers / Q1 2026

Vinland Capital Management Gestora de Recursos LTDA.

CIK 0001944332 · RUA AMAURI 255 - 5TH FLOOR - SUITE 1, EDIFICIO METROPOLITAN OFFICE, SAO PAULO, D5, 01448000 · 551135142522

Reported Value
$50M
Q1 2026
Positions
47
Filings on Record
10
2024–present window
Filed
Apr 22, 2026
original filing

Summary

Vinland Capital Management Gestora De Recursos Ltda. reported $50M in U.S.-listed holdings across 47 positions for Q1 2026.

Its largest position, SPY, represents 8.5% of the portfolio.

Compared with Q4 2025, the fund opened 30 new positions and exited 38.

Portfolio Metrics

Turnover
+26.2%
vs prior filed quarter
Top-10 Concentration
+12.2%
share of reported value
Largest Position
+8.5%
State Str Spdr S P 500 Etf T
New / Exited
30 / 38
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
Q4 ’23: $397MQ4 ’23Q1 ’24: $400MQ1 ’24Q2 ’24: $154MQ2 ’24Q3 ’24: $43MQ3 ’24Q1 ’26: $50MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Other: 88.6%ETP: 9.3%Common Stock: 1.9%ADR: 0.2%
  • Other · 88.6% · $44M
  • ETP · 9.3% · $5M
  • Common Stock · 1.9% · $950,225
  • ADR · 0.2% · $98,550

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+200.0K200.0K+$44M$44M
STNESTONECO LTDNEW+64.6K64.6K+$912,265$912,265
DLOCAL LTDNEW+33.5K33.5K+$434,184$434,184
XLESELECT SECTOR SPDR TRNEW+1.1K1.1K+$354,814$354,814
BBDBANCO BRADESCO S ANEW+27.0K27.0K+$98,550$98,550
FFIVF5 INCNEW+00+$0$0
NEMNEWMONT CORPNEW+00+$0$0
NETCLOUDFLARE INCNEW+00+$0$0

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

Holdings — Q1 2026

45 positions (from 46 filing rows — )
#IssuerClass% PortfolioValueShares
1SPYSTATE STR SPDR S&P 500 ETF Thistory →TR UNIT8.54%$4M6.5K
2STNESTONECO LTDhistory →COM CL A1.84%$912,26564.6K
3DLOCAL LTDCLASS A COM0.87%$434,18433.5K
4XLESELECT SECTOR SPDR TRSTATE STREET MAT0.71%$354,8141.1K
5BBDBANCO BRADESCO S ASP ADR PFD NEW0.20%$98,55027.0K
6NUNU HLDGS LTDORD SHS CL A0.08%$37,960509
7GOOGLALPHABET INCCAP STK CL C0.00%$00
8MNSTMONSTER BEVERAGE CORP NEWCOM0.00%$00
9TIGOMILLICOM INTL CELLULAR S ACOM STK0.00%$00
10KLACKLA CORPOM NEW0.00%$00
11CRSCARPENTER TECHNOLOGY CORPCOM0.00%$00
12IBMINTERNATIONAL BUSINESS MACHSCOM0.00%$00
13STXSEAGATE TECHNOLOGY HLDNGS PLORD SHS0.00%$00
14WDCWESTERN DIGITAL CORPCOM0.00%$00
15CATCATERPILLAR INCCOM0.00%$00
16ROSTROSS STORES INCCOM0.00%$00
17BACBANK AMERICA CORPCOM0.00%$00
18PHPARKER-HANNIFIN CORPCOM0.00%$00
19ROKROCKWELL AUTOMATION INCCOM0.00%$00
20IQVIQVIA HLDGS INCCOM0.00%$00
21TPRTAPESTRY INCCOM0.00%$00
22UALUNITED AIRLS HLDGS INCCOM0.00%$00
23CCITIGROUP INCCOM NEW0.00%$00
24FFORD MTR COCOM0.00%$00
25RLRALPH LAUREN CORPCL A0.00%$00
26ULTAULTA BEAUTY INCCOM0.00%$00
27KEYSKEYSIGHT TECHNOLOGIES INCCOM0.00%$00
28CDECOEUR MNG INCCOM NEW0.00%$00
29HALHALLIBURTON COCOM0.00%$00
30WMTWALMART INCCOM0.00%$00
31JNJJOHNSON & JOHNSONCOM0.00%$00
32GSGOLDMAN SACHS GROUP INCCOM0.00%$00
33LLYELI LILLY & COCOM0.00%$00
34VGKVANGUARD INTL EQUITY INDEX FFTSE EUROPE ETF0.00%$00
35EMXCISHARES INCMSCI EMRG CHN · MSCI JAPAN ETF0.00%$00
36NUU HLDGS LTDORD SHS CL A0.00%$00
37SPYSPDR S&P 500 ETF TRTR UNIT0.00%$00
38VALEVALE S ASPONSORED ADS0.00%$00
39XMESPDR SERIES TRUSTSTATE STREET SPD0.00%$00
40VTRSVIATRIS INCCOM0.00%$00
41PLTRPALANTIR TECHNOLOGIES INCCL A0.00%$00
42APPAPPLOVIN CORPCOM CL A0.00%$00
43JPMJPMORGAN CHASE & CO.COM0.00%$00
44JCIJOHNSON CTLS INTL PLCSHS0.00%$00
45MUMICRON TECHNOLOGY INCCOM0.00%$00

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$50M47Apr 22, 202613F-HRchanges · EDGAR ↗
Q4 2025Under review66Feb 23, 202613F-HRchanges · EDGAR ↗
Q4 2024Under review42Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$43M51Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$154M69Jul 23, 202413F-HRchanges · EDGAR ↗
Q1 2024$400M72Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$397M29Feb 21, 202413F-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 ↗.