Dynamo Administracao de Recursos Ltda.
RIO DE JANEIRO, D5
$18m in 4 US stocks at the end of 30 September 2025. The top 10 are 100.0% of the money. It changed about 38.8% of the portfolio this quarter.
Value
$18m
Stocks
4
Top 10 share
100.0%
Turnover
38.8%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- MercadoLibreMELI12.4% of the fund-83%
- VtexVTEX1.5% of the fund-7%
- Vale S AVALE0.3% of the fund-41%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Vale S AVALE
- Share
- 0.3%
- Value
- $50,314
- Shares
- 4,633
-41%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Nu HoldingsNU | 85.8% | $16m | 991,524 | Held |
| MercadoLibreMELI | 12.4% | $2m | 981 | -83% |
| VtexVTEX | 1.5% | $281,021 | 64,160 | -7% |
| Vale S AVALE | 0.3% | $50,314 | 4,633 | -41% |
Over time and by industry
Value over time
Sep '25
Value is down 36.6% since 30 June 2025.
Where the money is
Financial services85.8%
Technology13.9%
Other0.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.