Pangea Capital Gestao de Recursos Ltda.

RIO DE JANEIRO, D5 · CIK 2119167 · 13F filing filed 2026-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyRio de Janeiro

$144.7m reported value +10.2% vs Q1 2026

10positions

100.0%in top 10

2 new 2 added 0 reduced 0 sold out vs Q1 2026

Options: 1 call positions ($72.0k notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q2 2026

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	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	198,007	$99.1m68.47%	68.47%	Unchanged
2	AMAZON COM INC COM AMZN	AMZN	91,221	$21.7m15.02%	15.02%	Unchanged
3	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	12	$9.0m6.21%	6.21%	Unchanged
4	MERCADOLIBRE INC COM MELI	MELI	3,800	$6.5m4.46%	4.46%	Added +2.0k	+2,000 111.1%
5	META PLATFORMS INC CL A META	META	9,600	$5.4m3.74%	3.74%	Added +4.5k	+4,540 89.7%
6	ISHARES INC MSCI BRAZIL ETF EWZ	EWZ	62,000	$2.1m1.48%	1.48%	Unchanged
7	LGI HOMES INC COM LGIH	LGIH	5,000	$318.4k0.22%	0.22%	New
8	CONSTELLATION BRANDS INC CL A STZ	STZ	2,000	$278.2k0.19%	0.19%	Unchanged
9	NOAH HLDGS LTD SPON ADS NOAH	NOAH	16,000	$159.8k0.11%	0.11%	Unchanged
10	NU HLDGS LTD ORD SHS CL A NU	NU	11,000	$147.0k0.10%	0.10%	New

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES INC EWZ · Call	EWZ	Call	220	$72.0k220 shares	Unchanged