13F Insight
DOSSIER · 13F-HR · Q3 2026

Kapitalo Investimentos Ltda

$881M in tracked AUM across 55 positions as of Q3 2026.

KI
CIK 0001798686 · last filed Sep 30, 2026
Total AUM
$881M
as of Q3 2026
Holdings
55
—
positions
Whale Score
66
66
tracked
Activity
—
no data
changes this Q
AI Analysis · Q3 2026
Comprehensive Analysis of SEC 13F Filing: Kapitalo Investimentos Ltda (Q3 2025)
Portfolio Overview

Kapitalo Investimentos Ltda reported a significant transformation in its portfolio for the quarter ending September 30, 2025. The total portfolio value contracted sharply by 53.2%, decreasing from $461.45M to $216.12M. This reduction was not solely due to market performance but was driven by a substantial shift in asset allocation and capital deployment. The firm reduced the numbe...

The most striking operational change was the massive turnover in the portfolio. The manager executed 36 complete exits and initiated 19 new positions, representing a complete overhaul of the portfolio's composition. This level of activity suggests a tactical pivot rather than a passive "buy-and-hold" approach. The current portfolio is heavily concentrated, with the top 10 holdings accounting for approximately 88% of the total assets under management (AUM).

Key Holdings

The portfolio is dominated by a few large, conviction-driven positions, with a clear tilt toward specific themes.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q3 2026. Methodology

Quarter at a glance — Q3 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q3 2026.

#HoldingValueSharesWeight
01
IVV
ISHARES TR
$127M166K14.4%02
TSM
TAIWAN SEMICONDUCTOR MANUFAC
$88M194K10.0%03
WBD
WARNER BROS DISCOVERY INC
$81M2.6M9.2%04
TLT
ISHARES TR
$78M1.0M8.8%05
AMZN
AMAZON COM INC
$69M276K7.8%06
VST
VISTRA CORP
$51M369K5.8%07
EWY
ISHARES INC
$43M237K4.9%08
ERO
ERO COPPER CORP
$40M1.1M4.5%09
NVDA
NVIDIA CORPORATION
$37M160K4.2%10
MU
MICRON TECHNOLOGY INC
$29M27K3.3%

Filing history

2026Q3Sep 30
$881M▼ 44.1%
55 positionsView →2026Q2Jun 30
$1.6B▲ 196.7%
61 positionsView →2026Q1Mar 31
$531M▲ 1.7%
57 positionsView →2025Q4Dec 31
$523M▲ 141.8%
37 positionsView →2025Q3Sep 30
$216M▼ 53.2%
35 positionsLocked2025Q2Jun 30
$461M▼ 6.4%
119 positionsLocked2025Q1Mar 31
$493M▲ 229.9%
84 positionsLocked2024Q4Dec 31
$149M▼ 63.6%
274 positionsLocked2024Q3Sep 30
$410M▲ 22.9%
160 positionsLocked2024Q2Jun 30
$334M▼ 26.8%
164 positionsLocked2024Q1Mar 31
$456M▼ 6.0%
259 positionsLocked2023Q4Dec 31
$485M▼ 34.1%
525 positionsLocked
Showing 12 of 32