Q3 2025 · 13F-HR
Naman Capital Ltdaholdings as filed
Filed 2025-11-14 · accession 0000919574-25-006901
$356.3M
Reported value
12
Positions
2025-09-30
Period end
The Brief · Naman Capital Ltda · Q3 2025
AI · grounded in 13F
Naman Capital Ltda established a new position in SPY valued at $115.2M. The fund also initiated new stakes in RSP for $93.3M and UGP for $57.7M. Additional new positions include EZU, BRK/B, and MSFT. The fund ended the period with 12 positions and total AUM of $356.3M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $115.2M | 32.3% | 172,944 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $93.3M | 26.2% | 491,699 | Common | SOLE |
| 90400P101 | UGP | ULTRAPAR PARTICIPACOES SA | $57.7M | 16.2% | 14,079,999 | Common | SOLE |
| 464286608 | EZU | ISHARES INC | $28.0M | 7.85% | 451,750 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $15.7M | 4.40% | 31,200 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $12.8M | 3.61% | 24,800 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $9.7M | 2.73% | 40,000 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $8.3M | 2.33% | 34,200 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $7.5M | 2.12% | 10 | Common | SOLE |
| 92826C839 | V | VISA INC | $3.5M | 0.98% | 10,200 | Common | SOLE |
| 86959K105 | SUZ | SUZANO S A | $3.2M | 0.91% | 344,547 | Common | SOLE |
| 22113B103 | CSAN | COSAN S A | $1.3M | 0.35% | 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.