1y return+25.2%S&P 500 +20.9%
3y return+54.2%S&P 500 +68.5%
5y return+86.8%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2018: $301 against $299 in the S&P 500.2
Naman Capital LtdaS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPYState Str Spdr S&p 500 Etf T | $184.9M | 57.2% | +35.7% |
| UGPUltrapar Participacoes Sa | $36.8M | 11.4% | −42.4% |
| EZUIshares Inc | $31.4M | 9.7% | |
| EWYIshares Inc | $14.3M | 4.4% | |
| GOOGLAlphabet Inc | $12.2M | 3.8% | |
| SMHVaneck Etf Trust | $11.1M | 3.4% | New |
| GOOGAlphabet Inc | $10.9M | 3.4% | |
| VVisa Inc | $10.4M | 3.2% | |
| MSFTMicrosoft Corp | $7.7M | 2.4% | |
| SUZSuzano S A | $2.7M | 0.8% | |
| CSANYCosan S A | $783K | 0.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $10.9M |
| GOOGLAlphabet Inc | June 30, 2024 | +96.2% | $12.2M |
| MSFTMicrosoft Corp | June 30, 2020 | +83.3% | $7.7M |
| EWYIshares Inc | March 31, 2026 | +64.1% | $14.3M |
| SPYState Str Spdr S&p 500 Etf T | March 31, 2024 | +42.8% | $184.9M |
| EZUIshares Inc | March 31, 2025 | +30.5% | $31.4M |
| UGPUltrapar Participacoes Sa | December 31, 2020 | +10.8% | $36.8M |
| VVisa Inc | June 30, 2025 | −3.4% | $10.4M |
| SUZSuzano S A | September 30, 2022 | −5.9% | $2.7M |
| CSANYCosan S A | December 31, 2024 | −47.1% | $783K |
Sold off last quarter
- RSPInvesco Exchange Traded Fd T was $82.1M
- BRK/BBerkshire Hathaway Inc Del was $11.1M
- BRK/ABerkshire Hathaway Inc Del was $7.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.4% | +14.8% |
| March 31, 2026 | +3.3% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| September 30, 2025 | +9.4% | +7.8% |
| June 30, 2025 | +6.4% | +10.5% |
| March 31, 2025 | +1.3% | −4.6% |
| December 31, 2024 | −5.1% | +2.1% |
| September 30, 2024 | +3.2% | +5.4% |
| June 30, 2024 | −8.2% | +4.0% |
| March 31, 2024 | +5.1% | +10.0% |
| December 31, 2023 | +23.3% | +11.2% |
| September 30, 2023 | −1.9% | −3.6% |
| June 30, 2023 | +22.6% | +8.3% |
| March 31, 2023 | +9.3% | +7.0% |
| December 31, 2022 | +11.5% | +7.1% |
| September 30, 2022 | −6.3% | −5.3% |
| June 30, 2022 | −13.1% | −16.5% |
| March 31, 2022 | +4.7% | −4.9% |
| December 31, 2021 | +3.7% | +10.7% |
| September 30, 2021 | −8.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Naman Capital Ltda Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1946136&type=13F-HR&dateb=&owner=include&count=40CIK 1946136
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1946136/000091957426005114/Filed August 13, 2026 · accession 0000919574-26-005114