Absoluto Partners Gestao De Recursos Ltda 13F annual report
Absoluto Partners Gestao De Recursos Ltda is an investment fund managing more than $163 billion ran by Edward Wygand. There are currently 24 companies in Mr. Wygand’s portfolio. The largest investments include MercadoLibre Inc and Nu Hldgs Ltd, together worth $99.3 billion.
$163 billion Assets Under Management (AUM)
As of 7th August 2024, Absoluto Partners Gestao De Recursos Ltda’s top holding is 32,346 shares of MercadoLibre Inc currently worth over $54 billion and making up 33.2% of the portfolio value.
Relative to the number of outstanding shares of MercadoLibre Inc, Absoluto Partners Gestao De Recursos Ltda owns more than approximately 0.1% of the company.
In addition, the fund holds 3,739,606 shares of Nu Hldgs Ltd worth $45.4 billion.
The third-largest holding is XP Inc worth $14.6 billion and the next is Amazon.com worth $7.45 billion, with 39,835 shares owned.
Currently, Absoluto Partners Gestao De Recursos Ltda's portfolio is worth at least $163 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Absoluto Partners Gestao De Recursos Ltda
The Absoluto Partners Gestao De Recursos Ltda office and employees reside in Leblon, Rio De Janeiro, Rj, Brazil. According to the last 13-F report filed with the SEC, Edward Wygand serves as the Chief Operating Officer at Absoluto Partners Gestao De Recursos Ltda.
Recent trades
In the most recent 13F filing, Absoluto Partners Gestao De Recursos Ltda revealed that it had opened a new position in
Sherwin-Williams Co and bought 8,023 shares worth $2.81 billion.
This means they effectively own approximately 0.1% of the company.
Sherwin-Williams Co makes up
68.3%
of the fund's Materials sector allocation and has grown its share price by 26.2% in the past year.
The investment fund also strengthened its position in XP Inc by buying
435,592 additional shares.
This makes their stake in XP Inc total 850,903 shares worth $14.6 billion.
XP Inc dropped 27.4% in the past year.
On the other hand, there are companies that Absoluto Partners Gestao De Recursos Ltda is getting rid of from its portfolio.
Absoluto Partners Gestao De Recursos Ltda closed its position in Lauder Estee Cos Inc on 14th August 2024.
It sold the previously owned 7,843 shares for $1.21 billion.
Edward Wygand also disclosed a decreased stake in MercadoLibre Inc by 0.3%.
This leaves the value of the investment at $54 billion and 32,346 shares.
One of the smallest hedge funds
The two most similar investment funds to Absoluto Partners Gestao De Recursos Ltda are Argus Investors' Counsel, Inc and Dcf Advisers. They manage $163 billion and $163 billion respectively.
Edward Wygand investment strategy
Absoluto Partners Gestao De Recursos Ltda’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 39.8% of
the total portfolio value.
The fund focuses on investments in the Uruguay as
4.2% of the portfolio companies
are based in the Uruguay.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
71% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $292 billion.
The complete list of Absoluto Partners Gestao De Recursos Ltda trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| MercadoLibre Inc |
27.84%
32,346
|
$53,982,239,000 | 33.19% |
| Nu Hldgs Ltd |
42.87%
3,739,606
|
$45,361,421,000 | 27.89% |
| XP Inc |
104.88%
850,903
|
$14,558,950,000 | 8.95% |
| Amazon.com Inc. |
17.50%
39,835
|
$7,448,348,000 | 4.58% |
| Vtex |
17.67%
1,051,422
|
$6,813,215,000 | 4.19% |
| Alphabet Inc |
24.93%
27,624
|
$4,738,621,000 | 2.91% |
| Microsoft Corporation |
15.43%
10,120
|
$4,233,702,000 | 2.60% |
| S&P Global Inc |
1.28%
6,249
|
$3,029,078,000 | 1.86% |
| Sherwin-Williams Co. |
Opened
8,023
|
$2,814,468,000 | 1.73% |
| Taiwan Semiconductor Mfg Ltd |
Opened
15,255
|
$2,529,279,000 | 1.55% |
| Mastercard Incorporated |
2.98%
4,490
|
$2,082,058,000 | 1.28% |
| Netflix Inc. |
16.94%
3,134
|
$1,969,249,000 | 1.21% |
| ServiceNow Inc |
15.56%
2,056
|
$1,674,386,000 | 1.03% |
| Dominos Pizza Inc |
16.60%
3,885
|
$1,665,500,000 | 1.02% |
| Visa Inc |
17.60%
6,144
|
$1,632,276,000 | 1.00% |
| Home Depot, Inc. |
1.60%
4,258
|
$1,567,625,000 | 0.96% |
| Lowes Cos Inc |
16.65%
5,989
|
$1,470,359,000 | 0.90% |
| Salesforce Inc |
50.22%
5,560
|
$1,438,928,000 | 0.88% |
| Builders Firstsource Inc |
5.48%
7,817
|
$1,308,331,000 | 0.80% |
| NVIDIA Corp |
462.05%
10,988
|
$1,285,816,000 | 0.79% |
| Lauder Estee Cos Inc |
Closed
7,843
|
$1,208,998,000 | |
| Fair Isaac Corp. |
73.02%
412
|
$659,200,000 | 0.41% |
| Meta Platforms Inc |
91.48%
645
|
$306,265,000 | 0.19% |
| Oreilly Automotive Inc |
16.85%
74
|
$83,349,000 | 0.05% |
| EBay Inc. |
Opened
89
|
$4,949,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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