Milestones Administradora de Recursos Ltda.
CIK 1912095 · View on SEC EDGAR ↗
- Portfolio value
- $517.7M
- Positions
- 21
- As of
- June 30, 2026
Portfolio value QoQ: +35.1% 13F does not disclose cash
- Top 10 holdings weight
- 89.96%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 13
- Effective number of positions
- 10.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.56% Est. buys $86,675,840 · sells $20,553,711
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 77.8% still held
- New positions
- 5
- Increased
- 11
- Decreased
- 3
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +21.9% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.6% · Options excluded: 0.0%
Sector breakdown
Full portfolio 21 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AMZN Amazon.com, Inc. - Common Stock | $67,009,053 | 12.94% | 281,149 | $32,133,200 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $66,215,899 | 12.79% | 177,513 | $-195,190 | Down ×1 | ||
| GE GE Aerospace Common Stock | $63,106,927 | 12.19% | 168,857 | $16,473,868 | Up ×2 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $55,653,142 | 10.75% | 116,534 | $16,383,352 | Up ×1 | ||
| LIN Linde plc - Ordinary Shares | $44,775,181 | 8.65% | 86,282 | $-5,114,635 | Down ×1 | ||
| NU Nu Holdings Ltd. Class A Ordinary Shares | $42,138,963 | 8.14% | 3,154,114 | $1,857,496 | Up ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $42,056,731 | 8.12% | 117,684 | $8,222,709 | Up ×2 | ||
| V Visa Inc. | $38,689,916 | 7.47% | 112,769 | $18,250,634 | Up ×3 | ||
| DHR Danaher Corporation Common Stock | $26,246,049 | 5.07% | 137,789 | $12,910,912 | Up ×2 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $19,785,214 | 3.82% | 34,059 | $9,357,799 | Down ×1 | ||
| MCO Moody's Corporation Common Stock | $13,960,806 | 2.70% | 30,824 | $7,000,873 | Up ×2 | ||
| MELI MercadoLibre, Inc. - Common Stock | $13,674,174 | 2.64% | 8,056 | $1,309,952 | Up ×1 | ||
| SPGI S&P Global Inc. Common Stock | $6,448,962 | 1.25% | 15,835 | $3,745,926 | Up ×1 | ||
| WALD Waldencast plc - Class A Ordinary Share | $4,269,192 | 0.82% | 2,425,677 | $1,965,527 | |||
| TPG TPG Inc. - Class A Common Stock | $3,065,580 | 0.59% | 75,600 | Up ×1 | |||
| BRKB | $2,418,385 | 0.47% | 4,833 | $1,421,649 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $2,120,754 | 0.41% | 10,599 | Up ×1 | |||
| XOM Exxon Mobil Corporation Common Stock | $2,102,754 | 0.41% | 15,380 | Up ×1 | |||
| COP ConocoPhillips Common Stock | $1,950,290 | 0.38% | 18,760 | ||||
| CVX Chevron Corporation Common Stock | $1,944,531 | 0.38% | 11,731 | ||||
| WALDW Waldencast plc - Warrant | $20,655 | 0.00% | 440,415 | $4,800 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| V | $38,689,916 | 7.47% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| AMZN | Bought more | +114K | +$32.1M |
| V | Bought more | +45K | +$18.3M |
| GE | Bought more | +5K | +$16.5M |
| TSM | Bought more | +334 | +$16.4M |
| DHR | Bought more | +67K | +$12.9M |
| AMD | Trimmed | -17K | +$9.4M |
| GOOGL | Bought more | +25 | +$8.2M |
| MCO | Bought more | +15K | +$7.0M |
| LIN | Trimmed | -14K | -$5.1M |
| SPGI | Bought more | +9K | +$3.7M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| OXY | June 30, 2025 | 193,820 | $9,566,955 | 46.3% |
| TMO | June 30, 2025 | 7,465 | $3,714,584 | 53.0% |
| NOW | June 30, 2026 | 23,040 | $2,408,832 | 30.6% |
| CVX | March 31, 2026 | 15,170 | $2,312,060 | -0.1% |
| DELL | March 31, 2025 | 14,400 | $1,659,456 | 381.9% |
| COP | March 31, 2026 | 15,235 | $1,426,148 | 2.6% |
| ICE | June 30, 2025 | 7,450 | $1,285,125 | -12.3% |
| MA | Sept. 30, 2025 | 2,035 | $1,143,548 | 1.1% |