TB Capital Gestao de Recursos Ltda. Long-Term Concentrated

Name: TB Capital Gestao de Recursos Ltda. Q1 2026 13F Filing | 13F Explorer
Creator: TB Capital Gestao de Recursos Ltda.
Published: 2026-05-15

Location: Rio De Janeiro, Brazil

CIK: 0002077092 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 15, 2026

Total Value: $163M (100.0% shares, 0.0% debt)

Holdings (17)

ABNB AIRBNB INC 14.9%

Value $24.32M Shares 192,562 Share Price $126.28 * Est. Cost/Share $126.40 Unrealized @ Report Date +2.4%

BKNG BOOKING HOLDINGS INC 10.8%

Value $17.71M Shares 4,207 Share Price $4210.32 * Est. Cost/Share $5008.76 Unrealized @ Report Date -4.5%

SAP SAP SE 8.1%

Value $13.3M Shares 77,681 Share Price $171.21 Est. Cost/Share $171.21 Unrealized @ Report Date —

APO APOLLO GLOBAL MGMT INC 8.0%

Value $13.08M Shares 117,384 Share Price $111.42 * Est. Cost/Share $134.11 Unrealized @ Report Date -0.5%

NU NU HLDGS LTD 7.7%

Value $12.61M Shares 877,447 Share Price $14.37 * Est. Cost/Share $15.64 Unrealized @ Report Date +10.8%

DLO DLOCAL LTD 6.4%

Value $10.44M Shares 804,856 Share Price $12.97 * Est. Cost/Share $10.83 Unrealized @ Report Date +25.3%

MSFT MICROSOFT CORP 6.3%

Value $10.37M Shares 28,006 Share Price $370.17 * Est. Cost/Share $470.54 Unrealized @ Report Date -7.6%

CPNG COUPANG INC 5.7%

Value $9.395M Shares 497,606 Share Price $18.88 * Est. Cost/Share $27.42 Unrealized @ Report Date -27.6%

META META PLATFORMS INC 4.8%

Value $7.798M Shares 13,630 Share Price $572.13 * Est. Cost/Share $663.08 Unrealized @ Report Date -1.1%

NVDA NVIDIA CORPORATION 4.0%

Value $6.541M Shares 37,505 Share Price $174.40 * Est. Cost/Share $186.63 Unrealized @ Report Date 0.0%

TSM TAIWAN SEMICONDUCTOR MFG LTD 3.9%

Value $6.363M Shares 18,829 Share Price $337.95 Est. Cost/Share $226.49 Unrealized @ Report Date —

V VISA INC 3.8%

Value $6.202M Shares 20,521 Share Price $302.24 * Est. Cost/Share $342.66 Unrealized @ Report Date -3.9%

MA MASTERCARD INCORPORATED 3.8%

Value $6.17M Shares 12,349 Share Price $499.66 * Est. Cost/Share $552.54 Unrealized @ Report Date -2.4%

— MERCADOLIBRE INC 3.7%

Value $6.043M Shares 3,495 Share Price $1729.02 Est. Cost/Share $1970.35 Unrealized @ Report Date —

ADBE ADOBE INC 3.5%

Value $5.757M Shares 23,685 Share Price $243.08 * Est. Cost/Share $340.09 Unrealized @ Report Date -14.8%

AMZN AMAZON COM INC 2.6%

Value $4.29M Shares 20,598 Share Price $208.27 * Est. Cost/Share $220.08 Unrealized @ Report Date +3.1%

GOOG ALPHABET INC 1.9%

Value $3.073M Shares 10,712 Share Price $286.86 * Est. Cost/Share $222.53 Unrealized @ Report Date +45.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ABNB	AIRBNB INC	192,562	$24.32M	14.9%	$126.28 *	$126.40	+2.4%	COM CL A	009066101
BKNG	BOOKING HOLDINGS INC	4,207	$17.71M	10.8%	$4210.32 *	$5008.76	-4.5%	COM	09857L108
SAP	SAP SE	77,681	$13.3M	8.1%	$171.21	$171.21	—	SPON ADR	803054204
APO	APOLLO GLOBAL MGMT INC	117,384	$13.08M	8.0%	$111.42 *	$134.11	-0.5%	COM	03769M106
NU	NU HLDGS LTD	877,447	$12.61M	7.7%	$14.37 *	$15.64	+10.8%	ORD SHS CL A	G6683N103
DLO	DLOCAL LTD	804,856	$10.44M	6.4%	$12.97 *	$10.83	+25.3%	CLASS A COM	G29018101
MSFT	MICROSOFT CORP	28,006	$10.37M	6.3%	$370.17 *	$470.54	-7.6%	COM	594918104
CPNG	COUPANG INC	497,606	$9.395M	5.7%	$18.88 *	$27.42	-27.6%	CL A	22266T109
META	META PLATFORMS INC	13,630	$7.798M	4.8%	$572.13 *	$663.08	-1.1%	CL A	30303M102
NVDA	NVIDIA CORPORATION	37,505	$6.541M	4.0%	$174.40 *	$186.63	0.0%	COM	67066G104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	18,829	$6.363M	3.9%	$337.95	$226.49	—	SPONSORED ADS	874039100
V	VISA INC	20,521	$6.202M	3.8%	$302.24 *	$342.66	-3.9%	COM CL A	92826C839
MA	MASTERCARD INCORPORATED	12,349	$6.17M	3.8%	$499.66 *	$552.54	-2.4%	CL A	57636Q104
—	MERCADOLIBRE INC	3,495	$6.043M	3.7%	$1729.02	$1970.35	—	COM	58733RAG7
ADBE	ADOBE INC	23,685	$5.757M	3.5%	$243.08 *	$340.09	-14.8%	COM	00724F101
AMZN	AMAZON COM INC	20,598	$4.29M	2.6%	$208.27 *	$220.08	+3.1%	COM	023135106
GOOG	ALPHABET INC	10,712	$3.073M	1.9%	$286.86 *	$222.53	+45.5%	CAP STK CL C	02079K107