Q1 2026 · 13F-HR
TB Capital Gestao de Recursos Ltda.holdings as filed
Filed 2026-05-15 · accession 0001213900-26-057309
$163.5M
Reported value
17
Positions
2026-03-31
Period end
The Brief · TB Capital Gestao de Recursos Ltda. · Q1 2026
AI · grounded in 13F
TB Capital Gestao de Recursos Ltda. established a new position in SAP valued at $13.3M. The fund also initiated a new stake in NVDA for $6.5M and increased its holdings in BKNG by 79.3%. Conversely, the fund trimmed its position in TSM by 69.3%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 009066101 | ABNB | AIRBNB INC | $24.3M | 14.9% | 192,562 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $17.7M | 10.8% | 4,207 | Common | SOLE |
| 803054204 | SAP | SAP SE | $13.3M | 8.14% | 77,681 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $13.1M | 8.00% | 117,384 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $12.6M | 7.71% | 877,447 | Common | SOLE |
| G29018101 | DLO | DLOCAL LTD | $10.4M | 6.39% | 804,856 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $10.4M | 6.34% | 28,006 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $9.4M | 5.75% | 497,606 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $7.8M | 4.77% | 13,630 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $6.5M | 4.00% | 37,505 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $6.4M | 3.89% | 18,829 | Common | SOLE |
| 92826C839 | V | VISA INC | $6.2M | 3.79% | 20,521 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $6.2M | 3.77% | 12,349 | Common | SOLE |
| 58733RAG7 | MELI | MERCADOLIBRE INC | $6.0M | 3.70% | 3,495 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $5.8M | 3.52% | 23,685 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $4.3M | 2.62% | 20,598 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $3.1M | 1.88% | 10,712 | 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.