NUCLEO CAPITAL LTDA. — 13F Holdings & Portfolio
CIK 1737348 · latest 13F-HR filed 2025-11-13
NUCLEO CAPITAL LTDA. manages $29.1M in 13F-reported U.S. long-equity assets across 2 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are STNE (52.53%), STNE (47.47%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 0 new positions and exited 1; 1 existing position rose in reported value and 0 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2025-11-13
vs 2025-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 25Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 25 → Q3 25Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
2 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 100%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 13, 2026.
CJ 122
SAO PAULO, SP 04534-004
Brazil
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| ANDRADE, CAROLINA, PELOSO VIEIRA DE Control | PARTNER / CHIEF COMPLIANCE OFFICER since Mar 2017 | 5–10% | Individual |
| Ferreira, Jo?o, Marcelo Grossi Control | PARTNER / ANALYST since Aug 2011 | 10–25% | Individual |
| PASCHOAL, VITOR, AUGUSTO Control | PARTNER / ANALYST since Jan 2024 | 5–10% | Individual |
| SOARES, LUIS, GUILHERME RONCHEL Control | PARTNER / PM since Aug 2011 | 50–75% | Individual |
| CIRINEU, VITORIO | PARTNER / HEAD OF OPERATIONS since May 2013 | Less than 5% | Individual |
Ownership & leadership changes · 8 filings with changes since May 15, 2017
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedMACIEL, CAROLINA, PEREIRA · PARTNER / ANALYST · Less than 5% · listed since Feb 2024
- No longer listedde Castro, Gustavo, Moreira · PARTNER / ANALYST · Less than 5% · listed since Apr 2022
- No longer listedVita, Frederico, Tardin · PARTNER / ANALYST · 5–10% · control person · listed since Jun 2016
- AddedMACIEL, CAROLINA, PEREIRA · PARTNER / ANALYST · Less than 5%
- AddedPASCHOAL, VITOR, AUGUSTO · PARTNER / ANALYST · 5–10% · control person
- ChangedCIRINEU, VITORIO · title PARTNER / OPERATIONS MANAGER → PARTNER / HEAD OF OPERATIONS
- No longer listedDEMENEK, ANDR�, FELIPE · PARTNER / TRADER · Less than 5% · listed since Aug 2011
- No longer listedDe Almeida, Thais, Cascello · PARTNER / ANALYST · Less than 5% · listed since Dec 2022
- No longer listedVARGENS, BRUNO, DE OLIVEIRA · PARTNER / ANALYST · Less than 5% · control person · listed since May 2015
- ChangedVita, Frederico, Tardin · now a control person
- No longer listedMaciel, Carolina · PARTNER / ANALYST · Less than 5% · listed since Dec 2018
- AddedDe Almeida, Thais, Cascello · PARTNER / ANALYST · Less than 5%
- Addedde Castro, Gustavo, Moreira · PARTNER / ANALYST · Less than 5%
- ChangedVARGENS, BRUNO, DE OLIVEIRA · title PARTNER/ANALYST → PARTNER / ANALYST; ownership 10–25% → Less than 5%
- ChangedVita, Frederico, Tardin · ownership Less than 5% → 5–10%
- No longer listedGiuzio, Gilberto · PARTNER / ANALYST · Less than 5% · listed since Dec 2018
- No longer listedPires, Marcelo · PARTNER / ANALYST · Less than 5% · listed since Dec 2018
- ChangedANDRADE, CAROLINA, PELOSO VIEIRA DE · ownership Less than 5% → 5–10%
- ChangedVita, Frederico, Tardin · ownership 5–10% → Less than 5%; no longer a control person
- No longer listedAMARAL, CAUE, COSTA MOREIRA · ANALYST / PARTNER / PARTNER / ANALYST · 10–25% · control person · listed since Aug 2011
- AddedGiuzio, Gilberto · PARTNER / ANALYST · Less than 5%
- AddedMaciel, Carolina · PARTNER / ANALYST · Less than 5%
- AddedPires, Marcelo · PARTNER / ANALYST · Less than 5%
- ChangedANDRADE, CAROLINA, PELOSO VIEIRA DE · title CHIEF COMPLIANCE OFFICER / PARTNER / PARTNER / CHIEF COMPLIANCE OFFICER → PARTNER / CHIEF COMPLIANCE OFFICER
- ChangedCIRINEU, VITORIO · title OPERATIONS MANAGER / PARTNER / PARTNER / OPERATIONS MANAGER → PARTNER / OPERATIONS MANAGER
- ChangedDEMENEK, ANDR�, FELIPE · title PARTNER / PARTNER / TRADER / TRADER → PARTNER / TRADER
- ChangedFerreira, Jo?o, Marcelo Grossi · title ANALYST / PARTNER / PARTNER / ANALYST → PARTNER / ANALYST
- ChangedSOARES, LUIS, GUILHERME RONCHEL · title PARTNER / PARTNER / PM / PM → PARTNER / PM
- ChangedVita, Frederico, Tardin · title ANALYST / PARTNER / PARTNER / ANALYST → PARTNER / ANALYST
- AddedANDRADE, CAROLINA, PELOSO VIEIRA DE · CHIEF COMPLIANCE OFFICER / PARTNER / PARTNER / CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- AddedCIRINEU, VITORIO · OPERATIONS MANAGER / PARTNER / PARTNER / OPERATIONS MANAGER · Less than 5%
- AddedDEMENEK, ANDR�, FELIPE · PARTNER / PARTNER / TRADER / TRADER · Less than 5%
- AddedVita, Frederico, Tardin · ANALYST / PARTNER / PARTNER / ANALYST · 5–10% · control person
- ChangedAMARAL, CAUE, COSTA MOREIRA · title PARTNER → ANALYST / PARTNER / PARTNER / ANALYST
- ChangedFerreira, Jo?o, Marcelo Grossi · title PARTNER → ANALYST / PARTNER / PARTNER / ANALYST
- ChangedSOARES, LUIS, GUILHERME RONCHEL · title PARTNER → PARTNER / PARTNER / PM / PM
- ChangedVARGENS, BRUNO, DE OLIVEIRA · title PARTNER → PARTNER/ANALYST; ownership 5–10% → 10–25%
- ListedAMARAL, CAUE, COSTA MOREIRA · PARTNER · 10–25% · control person
- ListedFerreira, Jo?o, Marcelo Grossi · PARTNER · 10–25% · control person
- ListedSOARES, LUIS, GUILHERME RONCHEL · PARTNER · 50–75% · control person
- ListedVARGENS, BRUNO, DE OLIVEIRA · PARTNER · 5–10% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
NUCLEO CAPITAL LTDA. Holdings (2025-09-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-09-30 | 2025-11-13 | $29.1M | 2 | 0000919574-25-006733 |
| 2025-06-30 | 2025-08-14 | $49.3M | 4 | 0000919574-25-004816 |