Newfoundland Capital Management is based out of Sao Paulo. Newfoundland Capital Management is a hedge fund with 7 clients and discretionary assets under management (AUM) of $290,819,245 (Form ADV from 2023-03-31). Their last reported 13F filing for Q4 2023 included $11,133,585 in managed 13F securities
and a top 10 holdings concentration of 100.0%. Newfoundland Capital Management's largest holding is Vasta Platform Ltd. with shares held of 2,116,887. Whalewisdom has at least 35 13F filings, and 2 13G filings
2023-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| PBR Petroleo Brasileiro | 9.29% |
| DLO DLocal Limited Cl A | 1.91% |
| EWZ iShares MSCI Brazil | 1.57% |
| EXTO Almacenes Exito S.A. | 1.55% |
2023-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| EWZ iShares MSCI Brazil (CALL) | 15.88% |
| SPY SPDR S&P 500 ETF TRU (PUT) | 8.54% |
| AMX America Movil S.A.B. | 6.73% |
| CIB Bancolombia SA ADR | 6.13% |
| PAGS Pagseguro Digital Lt | 2.03% |
2023-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| VSTA Vasta Platform Ltd. | 84.71% |
| PBR Petroleo Brasileiro | 9.29% |
| DLO DLocal Limited Cl A | 1.91% |
| EWZ iShares MSCI Brazil | 1.57% |
| EXTO Almacenes Exito S.A. | 1.55% |
2023-12-31
13F Activity
| Market Value | $11.1m, Prior: $20.0m |
| New Purchases | 4 stocks |
| Added To | 0 stocks |
| Sold out of | 7 stocks |
| Reduced holdings in | 2 stocks |
| Top 10 Holdings % | 100% |
| Turnover %[1] | 183.33% |
| Turnover Alt %[2] | 14.32% |
| Time Held Top 20 | 2.3333 quarters |
| Time Held Top 10 | 2.1667 quarters |
| Time Held All | 6.83 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31