13F HOLDINGS REPORT
TB Capital Gestao de Recursos Ltda.
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001213900-25-110461
Total Value
$130.1M
Positions
17
Other Managers
0
Confidential Omitted
No
Holdings (17)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 82,585 | $23.1M | 17.73% |
| 2 | AIRBNB INC | ABNB | 134,226 | $16.3M | 12.53% |
| 3 | BOOKING HOLDINGS INC | BKNG | 2,417 | $13.1M | 10.03% |
| 4 | APOLLO GLOBAL MGMT INC | 03769M106 | 95,253 | $12.7M | 9.76% |
| 5 | DLOCAL LTD | DLO | 725,713 | $10.4M | 7.97% |
| 6 | COUPANG INC | CPNG | 290,390 | $9.4M | 7.19% |
| 7 | STONECO LTD | STNE | 485,757 | $9.2M | 7.06% |
| 8 | XP INC | XP | 478,740 | $9.0M | 6.91% |
| 9 | NU HLDGS LTD | NU | 350,034 | $5.6M | 4.31% |
| 10 | MASTERCARD INCORPORATED | MA | 8,203 | $4.7M | 3.59% |
| 11 | VISA INC | V | 10,874 | $3.7M | 2.85% |
| 12 | META PLATFORMS INC | META | 3,599 | $2.6M | 2.03% |
| 13 | ALPHABET INC | GOOG | 9,829 | $2.4M | 1.84% |
| 14 | MICROSOFT CORP | MSFT | 4,602 | $2.4M | 1.83% |
| 15 | AMAZON COM INC | AMZN | 10,421 | $2.3M | 1.76% |
| 16 | JD.COM INC | JDCMF | 59,235 | $2.1M | 1.59% |
| 17 | DOORDASH INC | DASH | 4,873 | $1.3M | 1.02% |