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Milestones Administradora de Recursos Ltda.

CIK:0001912095
Family Office
$113M AUM
19 holdings
Jaraguá do Sul, SC, Brazil
Founded:2015
10 employees
Latest filing:Jun 30, 2025

Milestones Administradora de Recursos Ltda. is an independent asset manager headquartered in Jaraguá do Sul, Santa Catarina, Brazil. Founded on August 25, 2015, it operates exclusively as a family office for its founding partners. The firm does not serve external clients and does not engage in fund distribution or marketing. Its funds are closed and managed solely for a restricted group of investors, in line with its family office model. The company employs a lean structure focused on private wealth management and regulatory compliance.

Investment Strategy

Milestones Administradora de Recursos Ltda. offers asset management services exclusively for its partners as a family office. Its strategy prioritizes privacy, prudent capital preservation, and personalized wealth planning. The firm’s portfolios consist of long-term, diversified investments tailored to the needs of a small, closed group of investors, without external fundraising or marketing. Its approach emphasizes regulatory rigor, confidentiality, and a selective investment philosophy addressing family governance and bespoke objectives.

Latest 13F Filing Activity

Milestones Administradora de Recursos Ltda. filed their most recent 13F report on Jun 30, 2025 disclosing 19 equity positions with a total 13F market value of $292M. The fund increased holdings in Taiwan Semiconductor MFG LTD, Ge Aerospace, Mercadolibre Inc. among other positions. Milestones Administradora de Recursos Ltda. reduced exposure to Occidental Pete Corp., Thermo Fisher Scientific Inc., Visa Inc. among others.

Top Buys
T
TSMTAIWAN SEMICONDUCTOR MFG LTD
+$26.9M
G
GEGE AEROSPACE
+$25.4M
M
MELIMERCADOLIBRE INC
+$12.3M
M
MSFTMICROSOFT CORP
+$11.3M
G
GOOGLALPHABET INC
+$10.2M
Top Sells
O
OXYOCCIDENTAL PETE CORP
-$9.6M
T
TMOTHERMO FISHER SCIENTIFIC INC
-$3.7M
V
VVISA INC
-$2.7M
I
ICEINTERCONTINENTAL EXCHANGE IN
-$1.3M
W
WALDWALDENCAST PLC
-$1.2M

Top Holdings

A
AMZNAMAZON COM INC
+19.3%$56.3M
M
MSFTMICROSOFT CORP
+16.8%$49.2M
G
GEGE AEROSPACE
+12.9%$37.8M
T
TSMTAIWAN SEMICONDUCTOR MFG LTD
+12.0%$35.2M
G
GOOGLALPHABET INC
+8.8%$25.8M

Equity Positions (19)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
AMAZON COM INC19.26%$56.3M256,650$157.76$219.39+$6.1M
MICROSOFT CORP16.84%$49.2M98,972$298.80$497.41+$11.3M
GE AEROSPACE12.92%$37.8M146,725$228.38$257.39+$25.4M
TAIWAN SEMICONDUCTOR MFG LTD12.05%$35.2M155,500$208.93$226.49+$26.9M
ALPHABET INC8.82%$25.8M146,272$160.18$176.23+$10.2M

Industry Allocation

RETAIL-CATALOG & MAIL-ORDER HOUSES
+16.7%
SERVICES-PREPACKAGED SOFTWARE
+16.2%
SEMICONDUCTORS & RELATED DEVICES
+15.7%
ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP)
+15.5%
FINANCE SERVICES
+10.5%