Milestones Administradora de Recursos Ltda.
JARAGUA DO SUL, D5
$518m in 21 US stocks at the end of 30 June 2026. The top 10 are 90.0% of the money. It changed about 13.2% of the portfolio this quarter.
Value
$518m
Stocks
21
Top 10 share
90.0%
Turnover
13.2%
What changed this quarter
New
Bought for the first time this quarter.
- TPGTPG0.6% of the fund
- NvidiaNVDA0.4% of the fund
- ExxonMobil HoldingsXOM0.4% of the fund
- ConocoPhillipsCOP0.4% of the fund
- ChevronCVX0.4% of the fund
Added
Bought more of a stock they already held.
- Amazon.comAMZN12.9% of the fund+68%
- General ElectricGE12.2% of the fund+3%
- Nu HoldingsNU8.1% of the fund+13%
- VisaV7.5% of the fund+67%
- DanaherDHR5.1% of the fund+96%
- Moody'sMCO2.7% of the fund+93%
- MercadoLibreMELI2.6% of the fund+13%
- S&P GlobalSPGI1.2% of the fund+149%
- Berkshire HathawayBRK-B0.5% of the fund+132%
Cut
Sold some of their stake.
- LindeLIN8.6% of the fund-14%
- Advanced Micro DevicesAMD3.8% of the fund-34%
Sold out
Sold their entire stake.
- ServiceNowNOW-100%
Holdings
- WaldencastWALDW
- Share
- <0.1%
- Value
- $20,655
- Shares
- 440,415
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Amazon.comAMZN | 12.9% | $67m | 281,149 | +68% |
| MicrosoftMSFT | 12.8% | $66m | 177,513 | Held |
| General ElectricGE | 12.2% | $63m | 168,857 | +3% |
| Taiwan Semiconductor ManufacturingTSM | 10.8% | $56m | 116,534 | Held |
| LindeLIN | 8.6% | $45m | 86,282 | -14% |
| Nu HoldingsNU | 8.1% | $42m | 3,154,114 | +13% |
| AlphabetGOOGL | 8.1% | $42m | 117,684 | Held |
| VisaV | 7.5% | $39m | 112,769 | +67% |
| DanaherDHR | 5.1% | $26m | 137,789 | +96% |
| Advanced Micro DevicesAMD | 3.8% | $20m | 34,059 | -34% |
| Moody'sMCO | 2.7% | $14m | 30,824 | +93% |
| MercadoLibreMELI | 2.6% | $14m | 8,056 | +13% |
| S&P GlobalSPGI | 1.2% | $6m | 15,835 | +149% |
| WaldencastWALD | 0.8% | $4m | 2,425,677 | Held |
| TPGTPG | 0.6% | $3m | 75,600 | New |
| Berkshire HathawayBRK-B | 0.5% | $2m | 4,833 | +132% |
| NvidiaNVDA | 0.4% | $2m | 10,599 | New |
| ExxonMobil HoldingsXOM | 0.4% | $2m | 15,380 | New |
| ConocoPhillipsCOP | 0.4% | $2m | 18,760 | New |
| ChevronCVX | 0.4% | $2m | 11,731 | New |
| WaldencastWALDW | <0.1% | $20,655 | 440,415 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 77.1% since 30 June 2025.
Where the money is
Technology30.4%
Financial services20.6%
Retail & consumer12.9%
Industrials12.2%
Materials9.5%
Media & telecom8.1%
Health care5.1%
Energy1.2%
Other0.0%
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.