STONECO LTD STNE
COM CL A · Common Stock · CUSIP G85158106 · ISIN KYG851581069
Financial technology company
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- HeadquartersSão Paulo, Brazil
- Websiteinvestors.stone.co
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.04. Options: 20 managers hold calls ($133.6m notional), 16 hold puts ($42.3m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 254 |
| Q4 2022 | 253 |
| Q1 2023 | 244 |
| Q2 2023 | 256 |
| Q3 2023 | 263 |
| Q4 2023 | 283 |
| Q1 2024 | 294 |
| Q2 2024 | 285 |
| Q3 2024 | 286 |
| Q4 2024 | 278 |
| Q1 2025 | 255 |
| Q2 2025 | 269 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 128 | 125 |
| Q4 2023 | 145 | 119 |
| Q1 2024 | 159 | 142 |
| Q2 2024 | 143 | 158 |
| Q3 2024 | 159 | 143 |
| Q4 2024 | 135 | 137 |
| Q1 2025 | 128 | 161 |
| Q2 2025 | 135 | 134 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $56.4m | $55.6m | 0.99 |
| Q4 2024 | $21.9m | $19.8m | 0.90 |
| Q1 2025 | $72.1m | $26.5m | 0.37 |
| Q2 2025 | $133.6m | $42.3m | 0.32 |
Biggest buyers
| Driehaus Capital Management LLC | New | +6.2m |
| Clark Capital Management Group, Inc. | New | +3.3m |
| Azora Capital LP | Added | +2.3m |
| Tekne Capital Management, LLC | New | +2.2m |
| MARSHALL WACE, LLP | New | +2.2m |
| Ninety One UK Ltd | New | +1.3m |
| Robeco Institutional Asset Management B.V. | Added | +1.0m |
| FMR LLC | Added | +843.6k |
| Man Group plc | New | +831.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +746.9k |
Biggest sellers
| SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. | Reduced | -6.5m |
| GOLDMAN SACHS GROUP INC | Reduced | -3.7m |
| CITADEL ADVISORS LLC | Reduced | -3.5m |
| Point72 Asset Management, L.P. | Reduced | -3.0m |
| ATMOS CAPITAL GESTAO DE RECURSOS LTDA. | Reduced | -2.9m |
| MORGAN STANLEY | Reduced | -2.5m |
| Fourth Sail Capital LP | Sold out | -1.3m |
| Sharp Capital Gestora de Recursos Ltda. | Reduced | -1.2m |
| JANE STREET GROUP, LLC | Reduced | -1.1m |
| D. E. Shaw & Co., Inc. | Sold out | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $44.3m2.8m shares |
| PEAK6 LLC | Added | $21.7m1.4m shares |
| CITADEL ADVISORS LLC | Added | $15.4m962.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.0m811.0k shares |
| IMC-Chicago, LLC | Added | $7.6m476.0k shares |
| D. E. Shaw & Co., Inc. | Added | $6.6m413.0k shares |
| Walleye Trading LLC | Added | $6.3m391.2k shares |
| GROUP ONE TRADING LLC | Reduced | $6.0m371.2k shares |
| JANE STREET GROUP, LLC | Added | $4.4m275.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.1m193.2k shares |
Biggest puts
| SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. | New | $14.9m928.8k shares |
| CITADEL ADVISORS LLC | Added | $9.1m568.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.5m466.8k shares |
| IMC-Chicago, LLC | Reduced | $2.4m149.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.2m134.3k shares |
| JANE STREET GROUP, LLC | Added | $1.5m93.6k shares |
| Cubist Systematic Strategies, LLC | Added | $1.1m67.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $991.3k61.8k shares |
| Verition Fund Management LLC | Added | $644.8k40.2k shares |
| GROUP ONE TRADING LLC | Reduced | $580.6k36.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Madrone Partners, L.P. 13D · may seek influence filed 2026-10-07 | 10.8% |
| BlackRock, Inc. 13G · institution -2.7 pts · filed 2026-10-27 | 8.7% |
| VCK Investment Fund Ltd (SAC) 13G · exempt (held before listing) filed 2025-11-14 | 8.2% |
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| MADRONE ADVISORS, LLC 56.48% of their portfolio | 25.3m $406.4m | Unchanged |
| BlackRock, Inc. 0.01% of their portfolio | 24.9m $399.7m | Reduced -17.0k |
| Point72 Asset Management, L.P. 0.37% of their portfolio | 9.8m $156.7m | Reduced -3.0m |
| ATMOS CAPITAL GESTAO DE RECURSOS LTDA. 22.61% of their portfolio | 9.1m $145.9m | Reduced -2.9m |
| SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. 28.40% of their portfolio | 7.0m $112.8m | Reduced -6.5m |
| Nuveen, LLC 0.03% of their portfolio | 6.7m $106.8m | Reduced -69.3k |
| STATE STREET CORP 0.00% of their portfolio | 6.4m $102.1m | Reduced -196.3k |
| Driehaus Capital Management LLC 0.80% of their portfolio | 6.2m $100.1m | New |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 5.7m $91.3m | Reduced -336.7k |
| Azora Capital LP 3.53% of their portfolio | 4.9m $78.0m | Added +2.3m |
| JGP Global Gestao de Recursos Ltda. 35.75% of their portfolio | 4.6m $73.1m | Added +81.6k |
| Slate Path Capital LP 1.16% of their portfolio | 4.2m $67.3m | Reduced -715.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.5m $55.9m | Reduced -614.8k |
| Polunin Capital Partners Ltd 9.23% of their portfolio | 3.5m $56.5m | Reduced -8.0k |
| Clark Capital Management Group, Inc. 0.37% of their portfolio | 3.3m $53.4m | New |
| MORGAN STANLEY 0.00% of their portfolio | 3.2m $51.5m | Reduced -2.5m |
| NORGES BANK 0.01% of their portfolio | 2.8m $44.4m | Added +152.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.7m $43.2m | Added +569.6k |
| Tekne Capital Management, LLC 12.28% of their portfolio | 2.2m $35.3m | New |
| UBS Group AG 0.01% of their portfolio | 2.2m $35.3m | Reduced -718.7k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 2.2m $34.8m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.1m $34.3m | Reduced -335.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.1m $33.9m | Reduced -3.7m |
| Coronation Fund Managers Ltd. 1.81% of their portfolio | 2.1m $33.4m | Added +254.1k |
| Assenagon Asset Management S.A. 0.05% of their portfolio | 1.9m $30.9m | Added +407.2k |
| Robeco Institutional Asset Management B.V. 0.05% of their portfolio | 1.8m $29.4m | Added +1.0m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 1.7m $26.7m | Reduced -486.4k |
| NUCLEO CAPITAL LTDA. 54.22% of their portfolio | 1.7m $26.7m | Added +42.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.05% of their portfolio | 1.5m $24.6m | Added +19.8k |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 1.5m $24.1m | Added +318.8k |
| Sharp Capital Gestora de Recursos Ltda. 23.35% of their portfolio | 1.5m $23.3m | Reduced -1.2m |
| Ninety One UK Ltd 0.05% of their portfolio | 1.3m $21.3m | New |
| 14B Captial Management LP 7.82% of their portfolio | 1.2m $19.0m | Reduced -112.0k |
| Lead Edge Capital Management, LLC 5.25% of their portfolio | 1.2m $19.0m | Reduced -663.0k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 1.0m $16.3m | Reduced -1.1m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 986.5k $15.8m | Added +391.5k |
| FMR LLC 0.00% of their portfolio | 925.2k $14.8m | Added +843.6k |
| Man Group plc 0.03% of their portfolio | 831.0k $13.3m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 746.9k $12.0m | New |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 733.1k $11.8m | Added +496.6k |
| Itau Unibanco Holding S.A. 0.44% of their portfolio | 718.9k $11.5m | Added +451.3k |
| TB Capital Gestao de Recursos Ltda. 9.52% of their portfolio | 683.9k $11.0m | First filing |
| BARCLAYS PLC 0.00% of their portfolio | 669.1k $10.7m | Added +166.2k |
| Incline Global Management LLC 4.10% of their portfolio | 650.4k $10.4m | Reduced -35.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 649.7k $10.4m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 639.0k $10.2m | Reduced -92.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 612.7k $9.8m | Reduced -83.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 612.5k $9.8m | New |
| Capitolis Liquid Global Markets LLC 0.06% of their portfolio | 494.1k $7.9m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 488.5k $7.8m | Added +112.5k |
| SPX Gestao de Recursos Ltda 0.72% of their portfolio | 477.2k $7.7m | New |
| Ninety One North America, Inc. 0.37% of their portfolio | 472.4k $7.6m | New |
| CITIGROUP INC 0.01% of their portfolio | 471.4k $7.6m | Added +129.9k |
| California Public Employees Retirement System 0.00% of their portfolio | 444.9k $7.1m | Added +89.2k |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 433.0k $6.9m | New |
| Truffle Hound Capital, LLC 4.24% of their portfolio | 400.0k $6.4m | Unchanged |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 375.8k $6.0m | Reduced -44.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 362.1k $5.8m | Added +342.0k |
| Legal & General Group Plc 0.00% of their portfolio | 361.9k $5.8m | Reduced -33.6k |
| one8zero8, LLC 1.24% of their portfolio | 327.7k $5.3m | Reduced -22.4k |
| Penserra Capital Management LLC 0.07% of their portfolio | 316.1k $5.1m | Reduced -216.8k |
| PDT Partners, LLC 0.29% of their portfolio | 315.4k $5.1m | Reduced -2 |
| Perpetual Ltd 0.06% of their portfolio | 304.1k $4.9m | New |
| Verition Fund Management LLC 0.03% of their portfolio | 290.0k $4.7m | Added +135.7k |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 286.9k $4.6m | New |
| SCHWARTZ INVESTMENT COUNSEL INC 0.15% of their portfolio | 276.2k $4.4m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 271.4k $4.4m | Reduced -49.1k |
| LPL Financial LLC 0.00% of their portfolio | 260.9k $4.2m | Added +193.8k |
| Invesco Ltd. 0.00% of their portfolio | 256.1k $4.1m | Added +19.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 252.5k $4.1m | Reduced -385.8k |
| Y-Intercept (Hong Kong) Ltd 0.09% of their portfolio | 236.5k $3.8m | Added +67.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 236.3k $3.8m | Reduced -710.0k |
| HRT FINANCIAL LP 0.02% of their portfolio | 232.2k $3.7m | Reduced -710.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 225.0k $3.6m | Reduced -36.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.05% of their portfolio | 219.9k $3.5m | Added +175.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 196.7k $3.2m | Reduced -1.0m |
| Fieldview Capital Management, LLC 0.41% of their portfolio | 170.3k $2.7m | Reduced -36.9k |
| Constellation Investimentos e Participacoes Ltda 4.71% of their portfolio | 163.9k $2.6m | Added +69.4k |
| Jain Global LLC 0.04% of their portfolio | 160.0k $2.6m | Added +118.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 159.8k $2.6m | Reduced -4.7k |
| Police & Firemen's Retirement System of New Jersey 0.02% of their portfolio | 152.9k $2.5m | Reduced -6.1k |
| Verde Servicos Internacionais S.A. 1.05% of their portfolio | 150.0k $2.4m | Added +120.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 148.2k $2.4m | Reduced -32.4k |
| Bridgewater Associates, LP 0.01% of their portfolio | 144.8k $2.3m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 144.8k $2.3m | Reduced -3.5m |
| MetLife Investment Management, LLC 0.01% of their portfolio | 144.6k $2.3m | Reduced -24.5k |
| PenderFund Capital Management Ltd. 0.54% of their portfolio | 141.0k $2.3m | Reduced -9.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.01% of their portfolio | 134.8k $2.2m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 130.2k $2.1m | Added +100.7k |
| GROUP ONE TRADING LLC 0.07% of their portfolio | 125.3k $2.0m | New |
| Massar Capital Management, LP 1.50% of their portfolio | 125.0k $2.0m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 120.9k $1.9m | Reduced -3.0k |
| Creative Planning 0.00% of their portfolio | 118.8k $1.9m | Added +6.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 110.3k $1.8m | Added +21.9k |
| Cetera Investment Advisers 0.00% of their portfolio | 106.3k $1.7m | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 104.2k $1.7m | New |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 102.4k $1.6m | New |
| SummitTX Capital, L.P. 0.07% of their portfolio | 100.8k $1.6m | Added +53.2k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 100.3k $1.6m | Reduced -167.0k |
| Erste Asset Management GmbH 0.01% of their portfolio | 100.0k $1.5m | New |