Q4 2025 · 13F-HR
Naman Capital Ltdaholdings as filed
Filed 2026-02-17 · accession 0000919574-26-001161
$355.5M
Reported value
12
Positions
2025-12-31
Period end
The Brief · Naman Capital Ltda · Q4 2025
AI · grounded in 13F
Naman Capital Ltda reduced its position in GOOG by 23.1%. The fund also trimmed holdings in MSFT by 16.63% and RSP by 12.96%. Conversely, the fund accumulated more shares of SPY, increasing the position by 11.53%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $131.5M | 37.0% | 192,877 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $82.0M | 23.1% | 427,975 | Common | SOLE |
| 90400P101 | UGP | ULTRAPAR PARTICIPACOES SA | $51.6M | 14.5% | 13,687,979 | Common | SOLE |
| 464286608 | EZU | ISHARES INC | $29.0M | 8.15% | 451,750 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $15.7M | 4.41% | 31,200 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $10.7M | 3.01% | 34,200 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $10.0M | 2.81% | 20,675 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $9.7M | 2.71% | 30,760 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $7.5M | 2.12% | 10 | Common | SOLE |
| 92826C839 | V | VISA INC | $3.6M | 1.01% | 10,200 | Common | SOLE |
| 86959K105 | SUZ | SUZANO S A | $3.2M | 0.91% | 344,547 | Common | SOLE |
| 22113B103 | CSAN | COSAN S A | $1.1M | 0.30% | 271,941 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.