Naman Capital Ltda — 13F Holdings & Portfolio
CIK 1946136 · latest 13F-HR filed 2026-08-13
Naman Capital Ltda manages $323.1M in 13F-reported U.S. long-equity assets across 19 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (16.76%), UGP (11.39%), SPY (10.83%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position, exited 3, added to 6, and trimmed 3.
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.
1355 - 21 ANDAR
SAO PAULO, D5 04538-132
$323.1M
Long-equity book
19
Distinct positions
2026-06-30
Filed 2026-08-13
+1 / −3 / ↑6 / ↓3
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- STATE STR SPDR S&P 500 ETF T$66.2M +55.8%
- ISHARES INC$5.6M +64.1%
- ISHARES INC$3.1M +10.9%
- ALPHABET INC$2.4M +24.3%
- ALPHABET INC$2.0M +23.2%
Top Trims
- ULTRAPAR PARTICIPACOES SA-$26.9M -42.2%
- SUZANO S A-$775.2K -22.5%
- COSAN S A-$337.2K -30.1%
Exited Positions
- INVESCO EXCHANGE TRADED FD T$82.1M
- BERKSHIRE HATHAWAY INC DEL$11.1M
- BERKSHIRE HATHAWAY INC DEL$7.2M
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).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $54.1M | 16.76% | 72,489 | SH |
| 2 | ULTRAPAR PARTICIPACOES SA | UGP | 90400P101 | $36.8M | 11.39% | 7,330,544 | SH |
| 3 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $35.0M | 10.83% | 46,845 | SH |
| 4 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $26.2M | 8.11% | 35,095 | SH |
| 5 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $26.2M | 8.11% | 35,095 | SH |
| 6 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $25.2M | 7.81% | 33,794 | SH |
| 7 | ISHARES INC | EZU | 464286608 | $21.1M | 6.52% | 303,120 | SH |
| 8 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $18.1M | 5.61% | 24,250 | SH |
| 9 | ISHARES INC | EWY | 464286772 | $14.3M | 4.44% | 71,018 | SH |
| 10 | ALPHABET INC | GOOGL | 02079K305 | $12.2M | 3.78% | 34,200 | SH |
| 11 | VANECK ETF TRUST | SMH | 92189F676 | $11.1M | 3.42% | 16,857 | SH |
| 12 | ALPHABET INC | GOOG | 02079K107 | $10.9M | 3.36% | 30,760 | SH |
| 13 | ISHARES INC | EZU | 464286608 | $10.3M | 3.20% | 148,630 | SH |
| 14 | MICROSOFT CORP | MSFT | 594918104 | $7.7M | 2.39% | 20,675 | SH |
| 15 | VISA INC | V | 92826C839 | $6.9M | 2.13% | 20,012 | SH |
| 16 | VISA INC | V | 92826C839 | $3.5M | 1.08% | 10,200 | SH |
| 17 | SUZANO S A | SUZ | 86959K105 | $2.1M | 0.65% | 269,803 | SH |
| 18 | COSAN S A | CSAN | 22113B103 | $783.2K | 0.24% | 271,941 | SH |
| 19 | SUZANO S A | SUZ | 86959K105 | $580.0K | 0.18% | 74,744 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | $323.1M | 19 | 0000919574-26-005114 |
| 2026-03-31 | 2026-05-15 | $359.8M | 19 | 0000919574-26-003178 |
| 2025-12-31 | 2026-02-27 | $355.5M | 17 | 0000919574-26-001412 |
| 2025-12-31 | 2026-02-17 | $355.5M | 17 | 0000919574-26-001161 |