Filed: 2/17/2026ACC: 0000919574-26-001161
📋 What this filing means
NAMAN CAPITAL LTDA filed this quarterly 13F‑HR report disclosing 12 equity positions with a total reported market value of $355.53M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
12
Positions
$355.53M
Total AUM (reported)
15.50M
Total Shares
Allocation by class
TR UNIT$131.53M37.0%
S&P500 EQL WGT$81.98M23.1%
SP ADR REP COM$51.60M14.5%
MSCI EURZONE ETF$28.96M8.1%
CL B NEW$15.68M4.4%
CAP STK CL A$10.70M3.0%
COM$10.00M2.8%
Portfolio Concentration
Top 3$265.11M74.6%
4–10$86.13M24.2%
11–25$4.29M1.2%
Top 3 weight
74.6%
Top 10 weight
98.8%
Voting Authority Distribution
Total shares with voting rights: 15.50M
Sole
Full voting authority
15.50M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole4
Shared0
Other8
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings12
Rows:
SPDR S&P 500 ETF TR
DFNDShares192.88K
TypeSH
Market value$131.53M
36.99%
Sole
192.88K
Shared
0.00
None
0.00
INVESCO EXCHANGE TRADED FD T
DFNDShares427.98K
TypeSH
Market value$81.98M
23.06%
Sole
427.98K
Shared
0.00
None
0.00
ULTRAPAR PARTICIPACOES SA
DFNDShares13.69M
TypeSH
Market value$51.60M
14.51%
Sole
13.69M
Shared
0.00
None
0.00
ISHARES INC
SOLEShares451.75K
TypeSH
Market value$28.96M
8.15%
Sole
451.75K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares31.20K
TypeSH
Market value$15.68M
4.41%
Sole
31.20K
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares34.20K
TypeSH
Market value$10.70M
3.01%
Sole
34.20K
Shared
0.00
None
0.00
MICROSOFT CORP
DFNDShares20.68K
TypeSH
Market value$10.00M
2.81%
Sole
20.68K
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares30.76K
TypeSH
Market value$9.65M
2.71%
Sole
30.76K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares10.00
TypeSH
Market value$7.55M
2.12%
Sole
10.00
Shared
0.00
None
0.00
VISA INC
DFNDShares10.20K
TypeSH
Market value$3.58M
1.01%
Sole
10.20K
Shared
0.00
None
0.00
SUZANO S A
DFNDShares344.55K
TypeSH
Market value$3.22M
0.91%
Sole
344.55K
Shared
0.00
None
0.00
COSAN S A
SOLEShares271.94K
TypeSH
Market value$1.07M
0.30%
Sole
271.94K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRDFND | TR UNIT | 192.88K | SH | $131.53M 36.99% | 192.88K | 0.00 | 0.00 |
INVESCO EXCHANGE TRADED FD TDFND | S&P500 EQL WGT | 427.98K | SH | $81.98M 23.06% | 427.98K | 0.00 | 0.00 |
ULTRAPAR PARTICIPACOES SADFND | SP ADR REP COM | 13.69M | SH | $51.60M 14.51% | 13.69M | 0.00 | 0.00 |
ISHARES INCSOLE | MSCI EURZONE ETF | 451.75K | SH | $28.96M 8.15% | 451.75K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 31.20K | SH | $15.68M 4.41% | 31.20K | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL A | 34.20K | SH | $10.70M 3.01% | 34.20K | 0.00 | 0.00 |
MICROSOFT CORPDFND | COM | 20.68K | SH | $10.00M 2.81% | 20.68K | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL C | 30.76K | SH | $9.65M 2.71% | 30.76K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL A | 10.00 | SH | $7.55M 2.12% | 10.00 | 0.00 | 0.00 |
VISA INCDFND | COM CL A | 10.20K | SH | $3.58M 1.01% | 10.20K | 0.00 | 0.00 |
SUZANO S ADFND | SPON ADS | 344.55K | SH | $3.22M 0.91% | 344.55K | 0.00 | 0.00 |
COSAN S ASOLE | ADS | 271.94K | SH | $1.07M 0.30% | 271.94K | 0.00 | 0.00 |