Managers / Q4 2024 · 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 $167M in U.S.-listed holdings across 16 positions for Q4 2024.
The portfolio is heavily concentrated: RSP alone accounts for 24.4% of reported value.
Compared with Q3 2024, the fund opened 1 new position and exited 0.
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 · 41.5% · $70M
- Common Stock · 31.2% · $52M
- ADR · 25.1% · $42M
- Other · 2.2% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CSANCOSAN S A | NEW | +271.9K | 271.9K | +$1M | $1M |
| RSPINVESCO EXCHANGE TRADED FD T | ADDED | +105.5K | 233.3K | +$18M | $41M |
| GOOGLALPHABET INC | TRIMMED | −60.0K | 16.8K | −$10M | $3M |
| SPYSPDR S&P 500 ETF TR | TRIMMED | −145.6K | 48.8K | −$79M | $29M |
| MSFTMICROSOFT CORP | TRIMMED | −11.8K | 24.8K | −$6M | $10M |
| WALDENCAST PLC | HELD | −18.8K | 912.4K | +$81,530 | $4M |
| UGPULTRAPAR PARTICIPACOES SA | HELD | +0 | 14.08M | −$18M | $37M |
| GOOGALPHABET INC | HELD | +0 | 40.0K | +$280,800 | $8M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | RSPINVESCO EXCHANGE TRADED FD Thistory → | S&P500 EQL WGT | 24.43% | $41M | 233.3K |
| 2 | UGPULTRAPAR PARTICIPACOES SAhistory → | SP ADR REP COM | 22.12% | $37M | 14.08M |
| 3 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 17.10% | $29M | 48.8K |
| 4 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 12.52% | $21M | 31.2K |
| 5 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 6.45% | $11M | 56.8K |
| 6 | MSFTMICROSOFT CORPhistory → | COM | 6.25% | $10M | 24.8K |
| 7 | ORCLORACLE CORPhistory → | COM | 5.97% | $10M | 60.0K |
| 8 | WALDENCAST PLC | CLASS A ORD SHS | 2.19% | $4M | 912.4K |
| 9 | SUZSUZANO S Ahistory → | SPON ADS | 2.08% | $3M | 344.5K |
| 10 | CSANCOSAN S A | ADS | 0.88% | $1M | 271.9K |
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 ↗.