Dynamo Internacional Gestao de Recursos Ltda.
RIO DE JANEIRO, D5
$236m in 4 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 10.2% of the portfolio this quarter.
Value
$236m
Stocks
4
Top 10 share
100.0%
Turnover
10.2%
What changed this quarter
New
Bought for the first time this quarter.
- GerdauGGB3.6% of the fund
Added
Bought more of a stock they already held.
- Nu HoldingsNU36.3% of the fund+16%
Cut
Sold some of their stake.
- MercadoLibreMELI51.6% of the fund-23%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Suzano S ASUZ
- Share
- 8.4%
- Value
- $20m
- Shares
- 2,561,542
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MercadoLibreMELI | 51.6% | $122m | 71,814 | -23% |
| Nu HoldingsNU | 36.3% | $86m | 6,419,224 | +16% |
| Suzano S ASUZ | 8.4% | $20m | 2,561,542 | Held |
| GerdauGGB | 3.6% | $9m | 2,109,474 | New |
Options (2)
- Petrobras - Petroleo Brasileiro SAPBR
- Type
- Put
- Value
- $7m
- Contracts
- 2,050,000
- IsharesEWZ
- Type
- Call
- Value
- $1m
- Contracts
- 1,000,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Petrobras - Petroleo Brasileiro SAPBR | Put | $7m | 2,050,000 |
| IsharesEWZ | Call | $1m | 1,000,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 10.6% since 30 June 2025.
Where the money is
Technology51.6%
Financial services36.3%
Materials3.6%
Other8.4%
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.