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Nucleo Capital Ltda.

CIK:0001737348
Hedge Fund
$334M AUM
2 holdings
Sao Paulo, SP, Brazil
Founded:2017
13 employees
Latest filing:Jun 30, 2025

Nucleo Capital LTDA. is a Brazil-based hedge fund manager headquartered in Sao Paulo. The firm is registered with the SEC, manages approximately $333.5 million in assets under management (AUM) as of March 2025, and primarily serves non-U.S. pooled investment vehicles. Founded in the late 2010s (exact year not confirmed), the firm has 13 employees, with a majority involved in investment management. It specializes in active asset management for sophisticated institutional and qualified investor clients.

Investment Strategy

Nucleo Capital LTDA. manages a concentrated portfolio with a focus on equities, primarily for pooled investment vehicles. The fund employs a discretionary, research-driven investment approach, allocating capital to select opportunities—predominantly in the Brazilian and broader Latin American markets. Its filings suggest a focus on liquid, public equities, though it may use various investment vehicles to generate returns for its clients.

Latest 13F Filing Activity

Nucleo Capital Ltda. filed their most recent 13F report on Jun 30, 2025 disclosing 2 equity positions with a total 13F market value of $49M. The fund increased holdings in Stoneco LTD, Mercadolibre Inc.. Nucleo Capital Ltda. reduced exposure to Sigma Lithium Corporation, Mercadolibre Inc., Stoneco LTD.

Top Buys
S
STNESTONECO LTD
+$9.7M
M
MELIMERCADOLIBRE INC
+$5.8M
Top Sells
S
SGMLSIGMA LITHIUM CORPORATION
-$11.7M
S
STNESTONECO LTD
+$9.7M
M
MELIMERCADOLIBRE INC
+$5.8M

Top Holdings

S
STNESTONECO LTD
+54.2%$26.7M
M
MELIMERCADOLIBRE INC
+45.8%$22.6M

Equity Positions (2)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
STONECO LTD54.22%$26.7M1,665,756$12.64$16.04+$9.7M
MERCADOLIBRE INC45.78%$22.6M8,633$1189.52$2613.63+$5.8M

Industry Allocation

SERVICES-COMPUTER PROCESSING & DATA PREPARATION
+100.0%