Kapitalo Investimentos Ltda
CIK 0001798686
Annualised vol
16.28411%
Beta
0.692911
HHI
510.145538
Top-10 weight
64.133754%
VaR 95%
1.635771%
VaR 99%
2.78842%
Max drawdown
32.105632%
Matched value
56.274698%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| TSLA | NEW | 615,429 | - | - | 258,849,437 |
| AMZN | ADDED | 509,139 | 441,865 | 15.23% | 121,348,189 |
| NVDA | ADDED | 371,034 | 328,384 | 12.99% | 74,240,193 |
| NFLX | NEW | 960,000 | - | - | 68,544,000 |
| META | ADDED | 120,563 | 43,993 | 174.05% | 67,911,932 |
| PLTR | NEW | 440,000 | - | - | 51,334,800 |
| VST | ADDED | 228,300 | 217,838 | 4.8% | 36,215,229 |
| ERO | UNCHANGED | 1,076,696 | 1,076,696 | 0.0% | 28,801,618 |
| WBD | ADDED | 872,311 | 432,903 | 101.5% | 23,255,811 |
| TECK | UNCHANGED | 352,859 | 352,859 | 0.0% | 20,980,996 |
| EMBJ | ADDED | 259,155 | 131,197 | 97.53% | 16,534,089 |
| SUZ | ADDED | 1,709,143 | 1,094,733 | 56.12% | 13,262,950 |
| MA | ADDED | 24,937 | 625 | 3889.92% | 12,807,643 |
| RIO | UNCHANGED | 127,754 | 127,754 | 0.0% | 12,127,687 |
| YPF | UNCHANGED | 257,612 | 257,612 | 0.0% | 11,713,618 |
| VALE | ADDED | 766,128 | 657,036 | 16.6% | 11,522,565 |
| MSFT | REDUCED | 29,335 | 38,750 | -24.3% | 10,942,542 |
| SPGI | ADDED | 27,295 | 745 | 3563.76% | 10,906,536 |
| AES | REDUCED | 618,623 | 1,415,635 | -56.3% | 9,069,013 |
| DBRG | ADDED | 510,475 | 450,328 | 13.36% | 8,055,296 |
| SE | ADDED | 72,312 | 4,260 | 1597.46% | 6,929,659 |
| XP | UNCHANGED | 225,664 | 225,664 | 0.0% | 3,669,297 |
| DASH | NEW | 10,900 | - | - | 2,011,377 |
| V | ADDED | 4,952 | 1,070 | 362.8% | 1,698,982 |
| AAPL | ADDED | 5,802 | 4,475 | 29.65% | 1,678,867 |
| MU | NEW | 1,000 | - | - | 1,154,290 |
| KVUE | ADDED | 58,000 | 56,000 | 3.57% | 1,108,380 |
| MELI | NEW | 455 | - | - | 772,312 |
| SLAB | CLOSED OUT | 0 | 6,867 | -100.0% | 0 |
| DELL | CLOSED OUT | 0 | 6,200 | -100.0% | 0 |
| BKNG | CLOSED OUT | 0 | 82 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | ISHARES TR | CORE S&P500 ETF | 464287200 | 156,127,838 | 9.9 | 208479.0 | |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 150,294,930 | 9.53 | 201260.0 | |
| TSLA | NEW | TESLA INC | COM | 88160R101 | 126,360,437 | 8.01 | 300429.0 |
| TSLA | NEW | TESLA INC | PUT | 88160R101 | 126,180,000 | 8.0 | 300000.0 |
| AMZN | ADDED | AMAZON COM INC | COM | 023135106 | 109,431,189 | 6.94 | 459139.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 87,421,099 | 5.54 | 183054.0 | |
| - | SPDR SERIES TRUST | ST STR SP REGBNK | 78464A698 | 75,366,465 | 4.78 | 1006900.0 | |
| NVDA | ADDED | NVIDIA CORPORATION | COM | 67066G104 | 74,240,193 | 4.71 | 371034.0 |
| META | ADDED | META PLATFORMS INC | CL A | 30303M102 | 67,911,932 | 4.31 | 120563.0 |
| - | ELECTRONIC ARTS INC | COM | 285512109 | 38,049,888 | 2.41 | 185573.0 | |
| VST | ADDED | VISTRA CORP | COM | 92840M102 | 36,215,229 | 2.3 | 228300.0 |
| NFLX | NEW | NETFLIX INC. | COM | 64110L106 | 34,272,000 | 2.17 | 480000.0 |
| NFLX | NEW | NETFLIX INC. | PUT | 64110L106 | 34,272,000 | 2.17 | 480000.0 |
| ERO | UNCHANGED | ERO COPPER CORP | COM | 296006109 | 28,801,618 | 1.83 | 1076696.0 |
| - | ISHARES TR | CALL | 464287440 | 28,371,000 | 1.8 | 300000.0 | |
| PLTR | NEW | PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | 25,667,400 | 1.63 | 220000.0 |
| PLTR | NEW | PALANTIR TECHNOLOGIES INC | PUT | 69608A108 | 25,667,400 | 1.63 | 220000.0 |
| WBD | ADDED | WARNER BROS DISCOVERY INC | COM SER A | 934423104 | 23,255,811 | 1.47 | 872311.0 |
| TECK | UNCHANGED | TECK RESOURCES LTD | CL B | 878742204 | 20,980,996 | 1.33 | 352859.0 |
| - | SPDR SERIES TRUST | CALL | 78464A870 | 20,572,500 | 1.3 | 130000.0 | |
| - | ISHARES TR | PUT | 464287515 | 18,120,000 | 1.15 | 200000.0 | |
| EMBJ | ADDED | EMBRAER S.A. | SPONSORED ADS | 29082A107 | 16,534,089 | 1.05 | 259155.0 |
| - | ISHARES TR | CALL | 464287523 | 16,019,000 | 1.02 | 25000.0 | |
| - | SPDR SERIES TRUST | CALL | 78464A870 | 15,825,000 | 1.0 | 100000.0 | |
| - | AXIA ENERGIA SA | SPONSORED ADR | 15234Q207 | 13,424,347 | 0.85 | 1271245.0 | |
| SUZ | ADDED | SUZANO S A | SPON ADS | 86959K105 | 13,262,950 | 0.84 | 1709143.0 |
| MA | ADDED | MASTERCARD INCORPORATED | CL A | 57636Q104 | 12,807,643 | 0.81 | 24937.0 |
| RIO | UNCHANGED | RIO TINTO PLC | SPONSORED ADR | 767204100 | 12,127,687 | 0.77 | 127754.0 |
| AMZN | ADDED | AMAZON COM INC | PUT | 023135106 | 11,917,000 | 0.76 | 50000.0 |
| YPF | UNCHANGED | YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 | 11,713,618 | 0.74 | 257612.0 |
| VALE | ADDED | VALE S A | SPONSORED ADS | 91912E105 | 11,522,565 | 0.73 | 766128.0 |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 10,942,542 | 0.69 | 29335.0 |
| SPGI | ADDED | S&P GLOBAL INC | COM | 78409V104 | 10,906,536 | 0.69 | 27295.0 |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 10,847,291 | 0.69 | 811923.0 | |
| - | CAPITAL ONE FINL CORP | COM | 14040H105 | 10,006,926 | 0.63 | 49880.0 | |
| AES | REDUCED | AES CORP | COM | 00130H105 | 9,069,013 | 0.58 | 618623.0 |
| DBRG | ADDED | DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 | 8,055,296 | 0.51 | 510475.0 |
| - | ISHARES INC | MSCI CHILE ETF | 464286640 | 7,051,951 | 0.45 | 177631.0 | |
| SE | ADDED | SEA LTD | SPONSORD ADS | 81141R100 | 6,929,659 | 0.44 | 72312.0 |
| TSLA | NEW | TESLA INC | CALL | 88160R101 | 6,309,000 | 0.4 | 15000.0 |
| - | ISHARES TR | ISHARES SEMICDTR | 464287523 | 5,894,992 | 0.37 | 9200.0 | |
| - | GERDAU SA | SPON ADR REP PFD | 373737105 | 5,656,069 | 0.36 | 1400017.0 | |
| - | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 46137V357 | 5,106,480 | 0.32 | 24000.0 | |
| - | LOMA NEGRA C I A S A MTN 14 | SPONSORED ADS | 54150E104 | 4,334,970 | 0.27 | 378600.0 | |
| - | BRIGHTHOUSE FINL INC | COM | 10922N103 | 4,266,420 | 0.27 | 67400.0 | |
| - | ULTRAPAR PARTICIPACOES SA | SP ADR REP COM | 90400P101 | 3,912,633 | 0.25 | 779409.0 | |
| XP | UNCHANGED | XP INC | CL A | G98239109 | 3,669,297 | 0.23 | 225664.0 |
| - | EVE HLDG INC | COM | 29970N104 | 2,761,000 | 0.18 | 1100000.0 | |
| - | MOODYS CORP | COM | 615369105 | 2,672,228 | 0.17 | 5900.0 | |
| - | ISHARES TR | CHINA LG-CAP ETF | 464287184 | 2,455,112 | 0.16 | 77718.0 | |
| - | WEBSTER FINL CORP | COM | 947890109 | 2,145,339 | 0.14 | 28073.0 | |
| DASH | NEW | DOORDASH INC | CL A | 25809K105 | 2,011,377 | 0.13 | 10900.0 |
| V | ADDED | VISA INC | COM CL A | 92826C839 | 1,698,982 | 0.11 | 4952.0 |
| AAPL | ADDED | APPLE INC | COM | 037833100 | 1,678,867 | 0.11 | 5802.0 |
| - | TELEFONICA BRASIL SA | SPONSORED ADS | 87936R205 | 1,627,458 | 0.1 | 123667.0 | |
| MU | NEW | MICRON TECHNOLOGY INC | COM | 595112103 | 1,154,290 | 0.07 | 1000.0 |
| KVUE | ADDED | KENVUE INC | COM | 49177J102 | 1,108,380 | 0.07 | 58000.0 |
| MELI | NEW | MERCADOLIBRE INC | COM | 58733R102 | 772,312 | 0.05 | 455.0 |
| - | COMPANHIA DE SANEAMENTO BASI | SPONSORED ADR | 20441A102 | 558,741 | 0.04 | 96668.0 | |
| - | SIXTH STREET SPECIALTY LENDI | COM | 83012A109 | 344,774 | 0.02 | 20080.0 | |
| - | DISNEY WALT CO | COM | 254687106 | 309,925 | 0.02 | 3220.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 1,576,991,684 | 61 | 16.28411 | 0.692911 | 32.105632 |
| 2026-03-31 | 2026-05-07 | 531,499,524 | 57 | 11.004154 | 0.487435 | 17.061134 |
| 2025-12-31 | 2026-01-28 | 522,509,323 | 37 | 12.719816 | 0.548862 | 24.114587 |
| 2025-09-30 | 2025-11-03 | 537,134,403 | 64 | 8.827396 | 0.369437 | 16.001814 |
| 2025-03-31 | 2025-05-07 | 493,151,671 | 84 | 11.160515 | 0.468435 | 17.847621 |
| 2024-12-31 | 2025-02-14 | 149,483,605 | 274 | 4.973432 | 0.220046 | 9.276848 |