TB Capital Gestao de Recursos Ltda.
13F Reported Value
ⓘ$182.7M
Holdings
19
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
TB Capital Gestao de Recursos Ltda. disclosed 19 positions worth $182.7M in its Form 13F-HR for Q2 2026, led by $BKNG (Booking Holdings Inc.) at 12.4% of the equity portfolio, followed by $ABNB and $NU. During the quarter the fund opened 2 new positions and exited 1 — including a new stake in $SPGI and a full exit from $NVDA. The portfolio is most concentrated in Technology (34.0% of disclosed assets). All figures are sourced directly from TB Capital Gestao de Recursos Ltda.’s Form 13F-HR filing with the SEC under CIK 2077092.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 58.5#1,002
Quality
$22.7M127,517 sh - 71.0#202
Quality
$18.5M129,575 sh - —
Quality
$16.8M1,256,844 sh - —
Quality
$14.5M1,112,612 sh - —
Quality
$14.2M91,841 sh - 50.6
Quality
$12.5M717,205 sh - 52.1
Quality
$11.6M97,952 sh - 76.1
Quality
$10.6M26,027 sh - 82.9
Quality
$10.5M30,693 sh - 79.8
Quality
$8.9M23,926 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Booking Holdings Inc.$BKNG | 58.5#1,002 | $22.7M | 127,517 |
 Airbnb, Inc.$ABNB | 71.0#202 | $18.5M | 129,575 |
 Nu Holdings Ltd.$NU | — | $16.8M | 1,256,844 |
 dLocal Ltd$DLO | — | $14.5M | 1,112,612 |
 SAP SE$SAP | — | $14.2M | 91,841 |
 Coupang, Inc.$CPNG | 50.6 | $12.5M | 717,205 |
 Apollo Global Management, Inc.$APO | 52.1 | $11.6M | 97,952 |
 S&P Global Inc.$SPGI | 76.1 | $10.6M | 26,027 |
 VISA INC.$V | 82.9 | $10.5M | 30,693 |
 MICROSOFT CORP$MSFT | 79.8 | $8.9M | 23,926 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of TB Capital Gestao de Recursos Ltda.'s 19 positions.
Showing top 10 of 19 holdings.
Sector Allocation
Technology
$62.2M
Financials
$58.4M
Consumer Discretionary
$45.6M
Industrials
$14.5M
Communication Services
$2.1M
Full Holdings — TB Capital Gestao de Recursos Ltda. (Q2 2026)
All 19 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $BKNG | Booking Holdings Inc. | $22.7M | 12.4% | +2931% | 58.5 |
| 2 | $ABNB | Airbnb, Inc. | $18.5M | 10.2% | -33% | 71 |
| 3 | $NU | Nu Holdings Ltd. | $16.8M | 9.2% | +43% | — |
| 4 | $DLO | dLocal Ltd | $14.5M | 7.9% | +38% | — |
| 5 | $SAP | SAP SE | $14.2M | 7.8% | +18% | — |
| 6 | $CPNG | Coupang, Inc. | $12.5M | 6.8% | +44% | 50.6 |
| 7 | $APO | Apollo Global Management, Inc. | $11.6M | 6.3% | -17% | 52.1 |
| 8 | $SPGI | S&P Global Inc. | $10.6M | 5.8% | NEW | 76.1 |
| 9 | $V | VISA INC. | $10.5M | 5.8% | +50% | 82.9 |
| 10 | $MSFT | MICROSOFT CORP | $8.9M | 4.9% | -15% | 79.8 |
| 11 |  $MA | Mastercard Inc | $8.9M | 4.9% | +40% | 85.1 |
| 12 |  $META | Meta Platforms, Inc. | $7.4M | 4.0% | -4% | 79.6 |
| 13 |  $MELI | MERCADOLIBRE INC | $5.7M | 3.1% | -4% | 80.2 |
| 14 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $5.3M | 2.9% | -41% | — |
| 15 |  $ADBE | ADOBE INC. | $4.8M | 2.6% | -2% | 77.6 |
| 16 |  $AMZN | AMAZON COM INC | $4.7M | 2.6% | -4% | 68.7 |
| 17 |  $GOOGL | Alphabet Inc. | $3.1M | 1.7% | -18% | 78.2 |
| 18 |  $SPOT | Spotify Technology S.A. | $2.1M | 1.1% | NEW | — |
| 19 |  $GOOG | Alphabet Inc. | $6,433 | 0.0% | NEW | 78.2 |
Exited Positions (1)
$NVDA NVIDIA CORPBrowse Top Institutional Investors
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