Nucleo Capital Ltda.
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.
Top Holdings
Equity Positions (2)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S STNE | STONECO LTD | 54.22% | $26.7M | 1,665,756 | $12.64 | $16.04 | +$9.7M |
M MELI | MERCADOLIBRE INC | 45.78% | $22.6M | 8,633 | $1189.52 | $2613.63 | +$5.8M |