Sharp Capital Gestora de Recursos Ltda.

Fundamental diversified ★Signal financials specialist (67%) CIK 1818890
Long book
$191.2M
Q1 2026
Positions
6
Top-10 weight
100%
concentration
Last quarter
-7.5%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

Sharp Capital Gestora de Recursos Ltda. is a diversified fundamental manager, specialised in financials (67% of the long book), running a $191.2M US long book across 6 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: NU HOLDINGS LTD/CAYMAN ISL-A, MERCADOLIBRE INC, INTER & CO INC - CL A, STONECO LTD-A, ISHARES MSCI FRANCE ETF.

Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.7%
Q2 2024
+6.6%
Q3 2024
-28.1%
Q4 2024
+18.0%
Q1 2025
+45.6%
Q2 2025
+18.1%
Q3 2025
-1.4%
Q4 2025
-10.6%
Q1 2026
-7.5%

Sector allocation

Financials
67%
Services media
20%
Technology
13%

Long book by quarter

$244.7M
Q1 2024
$189.4M
Q2 2024
$118.2M
Q3 2024
$40.5M
Q4 2024
$46.6M
Q1 2025
$100.0M
Q2 2025
$114.6M
Q3 2025
$152.1M
Q4 2025
$191.2M
Q1 2026

What does Sharp Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials6.6M$95.4M49.9%+16.3%
MELI MERCADOLIBRE INCServices media21.6K$37.2M19.5%New
INTR INTER & CO INC - CL AFinancials3.8M$29.8M15.6%+7.8%
STNE STONECO LTD-ATechnology1.8M$24.7M12.9%+13.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20267$192.0M canonicalSEC ↗
Q4 202513F-HRFeb 13, 20266$152.5M canonicalSEC ↗
Q3 202513F-HRNov 13, 20255$115.4M canonicalSEC ↗
Q2 202513F-HRAug 12, 20256$100.8M canonicalSEC ↗
Q1 202513F-HRMay 14, 20254$46.7M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20253$40.5M canonicalSEC ↗
Q3 202413F-HRNov 13, 20244$118.2M canonicalSEC ↗
Q2 202413F-HRAug 12, 20246$189.4M canonicalSEC ↗
Q1 202413F-HRMay 14, 20245$244.7M canonicalSEC ↗