Managers / Q1 2024 · view latest →
Vinland Capital Management Gestora de Recursos LTDA.
CIK 0001944332 · RUA AMAURI 255 - 5TH FLOOR - SUITE 1, EDIFICIO METROPOLITAN OFFICE, SAO PAULO, D5, 01448000 · 551135142522
Summary
Vinland Capital Management Gestora De Recursos Ltda. reported $400M in U.S.-listed holdings across 72 positions for Q1 2024.
Its largest position, SPY, represents 6.2% of the portfolio.
Compared with Q4 2023, the fund opened 37 new positions and exited 11.
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
- ETP · 45.3% · $181M
- Common Stock · 31.1% · $124M
- ADR · 23.2% · $93M
- Other · 0.3% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPYSPDR S&P 500 ETF TR | NEW | +47.7K | 47.7K | +$25M | $25M |
| METAMETA PLATFORMS INC | NEW | +42.9K | 42.9K | +$21M | $21M |
| XPXP INC | NEW | +724.9K | 724.9K | +$19M | $19M |
| NVDANVIDIA CORPORATION | NEW | +17.0K | 17.0K | +$15M | $15M |
| CDNSCADENCE DESIGN SYSTEM INC | NEW | +46.5K | 46.5K | +$14M | $14M |
| GSGOLDMAN SACHS GROUP INC | NEW | +15.5K | 15.5K | +$6M | $6M |
| SLBSCHLUMBERGER LTD | NEW | +29.8K | 29.8K | +$2M | $2M |
| HALHALLIBURTON CO | NEW | +41.4K | 41.4K | +$2M | $2M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 6.24% | $25M | 47.7K |
| 2 | PBRPETROLEO BRASILEIRO SA PETRO | SPONSORED ADR · SP ADR NON VTG | 4.11% | $16M | 1.08M |
| 3 | VALEVALE S Ahistory → | SPONSORED ADS | 2.84% | $11M | 930.7K |
| 4 | GSGOLDMAN SACHS GROUP INChistory → | COM | 1.62% | $6M | 15.5K |
| 5 | NVDANVIDIA CORPORATIONhistory → | COM | 1.58% | $6M | 7.0K |
| 6 | ITUBITAU UNIBANCO HLDG S Ahistory → | SPON ADR REP PFD | 1.18% | $5M | 679.3K |
| 7 | GOOGLALPHABET INC | CAP STK CL C | 0.41% | $2M | 10.9K |
| 8 | SLBSCHLUMBERGER LTD | COM STK | 0.41% | $2M | 29.8K |
| 9 | HALHALLIBURTON CO | COM | 0.41% | $2M | 41.4K |
| 10 | CATCATERPILLAR INC | COM | 0.39% | $2M | 4.3K |
| 11 | CTASCINTAS CORP | COM | 0.39% | $2M | 2.3K |
| 12 | LMTLOCKHEED MARTIN CORP | COM | 0.38% | $2M | 3.4K |
| 13 | TTTRANE TECHNOLOGIES PLC | SHS | 0.38% | $2M | 5.1K |
| 14 | CLCOLGATE PALMOLIVE CO | COM | 0.38% | $2M | 16.9K |
| 15 | ITWILLINOIS TOOL WKS INC | COM | 0.38% | $2M | 5.6K |
| 16 | TJXTJX COS INC NEW | COM | 0.38% | $2M | 14.9K |
| 17 | HONHONEYWELL INTL INC | COM | 0.38% | $2M | 7.4K |
| 18 | SNASNAP ON INC | COM | 0.38% | $2M | 5.1K |
| 19 | FASTFASTENAL CO | COM | 0.38% | $2M | 19.6K |
| 20 | CSCOCISCO SYS INC | COM | 0.38% | $2M | 30.2K |
| 21 | KOCOCA COLA CO | COM | 0.38% | $2M | 24.6K |
| 22 | MCOMOODYS CORP | COM | 0.38% | $2M | 3.8K |
| 23 | GILDGILEAD SCIENCES INC | COM | 0.37% | $1M | 20.3K |
| 24 | GWWGRAINGER W W INC | COM | 0.37% | $1M | 1.5K |
| 25 | ITGARTNER INC | COM | 0.37% | $1M | 49.7K |
| 26 | JNJJOHNSON & JOHNSON | COM | 0.36% | $1M | 9.2K |
| 27 | PAYXPAYCHEX INC | COM | 0.36% | $1M | 11.8K |
| 28 | VRSKVERISK ANALYTICS INC | COM | 0.36% | $1M | 6.1K |
| 29 | NFLXNETFLIX INC | COM | 0.36% | $1M | 2.4K |
| 30 | AAPLAPPLE INC | COM | 0.36% | $1M | 8.4K |
| 31 | CDNSCADENCE DESIGN SYSTEM INC | COM | 0.35% | $1M | 4.5K |
| 32 | METAMETA PLATFORMS INC | CL A | 0.35% | $1M | 2.9K |
| 33 | SNPSSYNOPSYS INC | COM | 0.35% | $1M | 2.5K |
| 34 | FICOFAIR ISAAC CORP | COM | 0.34% | $1M | 1.1K |
| 35 | ZTSZOETIS INC | CL A | 0.33% | $1M | 7.8K |
| 36 | LULULULULEMON ATHLETICA INC | COM | 0.31% | $1M | 3.2K |
| 37 | MELIMERCADOLIBRE INC | COM | 0.30% | $1M | 784 |
| 38 | GDXVANECK ETF TRUST | GOLD MINERS ETF | 0.25% | $1M | 31.9K |
| 39 | XPXP INC | CL A | 0.24% | $972,414 | 37.9K |
| 40 | LISTED FD TR | OPPORTUNISTIC TR | 0.23% | $912,923 | 36.3K |
| 41 | TSMTAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 0.18% | $734,670 | 5.4K |
| 42 | MARIADB PLC | ORD SHS | 0.12% | $473,684 | 1.05M |
| 43 | LLYELI LILLY & CO | COM | 0.04% | $159,482 | 205 |
| 44 | ALMACENES EXITO S A | SPON ADS | 0.00% | $0 | 0 |
| 45 | COMPANHIA BRASILEIRA DE DIST | SPONSORED ADR | 0.00% | $0 | 0 |
| 46 | CENTRAIS ELETRICAS BRASILEIR | SPONSORED ADR | 0.00% | $0 | 0 |
| 47 | ELPCCOMPANHIA PARANAENSE DE ENER | SPON ADS | 0.00% | $0 | 0 |
| 48 | EWZISHARES INC | MSCI BRAZIL ETF | 0.00% | $0 | 0 |
| 49 | BSBRBANCO SANTANDER BRASIL S A | ADR | 0.00% | $0 | 0 |
| 50 | CIG/CCIA ENERGETICA DE MINAS GERA | SPONSORED ADR | 0.00% | $0 | 0 |
| 51 | IWMISHARES TR | RUSSELL 2000 ETF | 0.00% | $0 | 0 |
| 52 | BBDBANCO BRADESCO S A | SP ADR PFD NEW | 0.00% | $0 | 0 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $50M | 47 | Apr 22, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | Under review | 66 | Feb 23, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | Under review | 42 | Jan 24, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $43M | 51 | Oct 28, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $154M | 69 | Jul 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $400M | 72 | Apr 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $397M | 29 | Feb 21, 2024 | 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 ↗.