Constellation Investimentos e Participacoes Ltda

SAO PAULO, D5 · CIK 1893840 · 13F filing filed 2025-10-22

SEC-registered investment adviser since 2011 · other (specify)

As an employer

$46.7m reported value -16.4% vs Q2 2025

7positions

100.0%in top 10

3 new 2 added 1 reduced 4 sold out vs Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MERCADOLIBRE INC COM MELI	MELI	9,636	$22.5m48.22%	48.22%	Added +417	+417 4.5%
2	NU HLDGS LTD ORD SHS CL A NU	NU	1,324,373	$21.2m45.40%	45.40%	Reduced -61.2k	-61,168 -4.4%
3	META PLATFORMS INC CL A META	META	1,230	$903.3k1.93%	1.93%	Unchanged
4	NVIDIA CORPORATION COM NVDA	NVDA	3,740	$697.8k1.49%	1.49%	Added +20	+20 0.5%
5	COUPANG INC CL A CPNG	CPNG	17,110	$550.9k1.18%	1.18%	New
6	MICROSOFT CORP COM MSFT	MSFT	956	$495.2k1.06%	1.06%	New
7	AMAZON COM INC COM AMZN	AMZN	1,519	$333.5k0.71%	0.71%	New

Security	Ticker	Shares held before	Value then
XP INC XP	XP	222,166	$4.5m222.2k shares
AMBIPAR EMERGENCY RESPONSE AMBIQ	AMBIQ	571,051	$2.9m571.1k shares
STONECO LTD STNE	STNE	163,857	$2.6m163.9k shares
PETROLEO BRASILEIRO SA PETRO PBR.A	PBR.A	108,056	$1.2m108.1k shares