Managers / Q3 2022 · view latest →
Naman Capital Ltda
CIK 0001946136 · AVENIDA BRIGADEIRO FARIA LIMA, 1355 - 21 ANDAR, SAO PAULO, D5, 04538-132 · 55 11 3503-9551
Summary
Naman Capital Ltda reported $134M in U.S.-listed holdings across 19 positions for Q3 2022.
The portfolio is heavily concentrated: Ultrapar Participacoes alone accounts for 20.7% of reported value.
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. 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 · 62.4% · $83M
- ADR · 30.8% · $41M
- ETP · 6.7% · $9M
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ULTRAPAR PARTICIPACOES SA | NEW | +16.71M | 16.71M | +$37M | $37M |
| BRK/BBERKSHIRE HATHAWAY INC DEL | NEW | +40.0K | 40.0K | +$11M | $11M |
| MSFTMICROSOFT CORP | NEW | +45.0K | 45.0K | +$10M | $10M |
| MRKMERCK & CO INC | NEW | +120.0K | 120.0K | +$10M | $10M |
| SH1USDPROSHARES TR | NEW | +520.0K | 520.0K | +$9M | $9M |
| ATVIEURACTIVISION BLIZZARD INC | NEW | +100.0K | 100.0K | +$7M | $7M |
| ORCLORACLE CORP | NEW | +120.0K | 120.0K | +$7M | $7M |
| BMYBRISTOL-MYERS SQUIBB CO | NEW | +90.0K | 90.0K | +$6M | $6M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ULTRAPAR PARTICIPACOES SA | SP ADR REP COM | 27.39% | $37M | 16.71M |
| 2 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 11.04% | $15M | 40.0K |
| 3 | MSFTMICROSOFT CORPhistory → | COM | 7.85% | $10M | 45.0K |
| 4 | MRKMERCK & CO INChistory → | COM | 7.74% | $10M | 120.0K |
| 5 | SH1USDPROSHARES TRhistory → | SHORT S&P 500 NE | 6.73% | $9M | 520.0K |
| 6 | ATVIEURACTIVISION BLIZZARD INChistory → | COM | 5.56% | $7M | 100.0K |
| 7 | ORCLORACLE CORPhistory → | COM | 5.49% | $7M | 120.0K |
| 8 | BMYBRISTOL-MYERS SQUIBB COhistory → | COM | 4.79% | $6M | 90.0K |
| 9 | JPMJPMORGAN CHASE & COhistory → | COM | 3.91% | $5M | 50.0K |
| 10 | PFEPFIZER INChistory → | COM | 3.28% | $4M | 100.0K |
| 11 | KELKELLOGG COhistory → | COM | 3.13% | $4M | 60.0K |
| 12 | WFCWELLS FARGO CO NEWhistory → | COM | 3.01% | $4M | 100.0K |
| 13 | GOOGALPHABET INChistory → | CAP STK CL C | 2.88% | $4M | 40.0K |
| 14 | KHCKRAFT HEINZ COhistory → | COM | 2.50% | $3M | 100.0K |
| 15 | BUDANHEUSER BUSCH INBEV SA/NVhistory → | SPONSORED ADR | 1.78% | $2M | 52.3K |
| 16 | SUZANO S A | SPON ADS | 1.67% | $2M | 269.8K |
| 17 | DISDISNEY WALT COhistory → | COM | 1.27% | $2M | 18.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $360M | 19 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $356M | 17 | Feb 27, 2026 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2025 | $356M | 17 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $308M | 18 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $255M | 17 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $167M | 16 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $261M | 16 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $236M | 14 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $256M | 12 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $157M | 13 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $125M | 12 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $147M | 13 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $112M | 12 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $102M | 12 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $134M | 19 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- Kosmin Fund Ltd028-22661
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 ↗.