Q2 2026 13F · SEC CIK 1912095
Milestones Administradora de Recursos Ltda.
Investment managerFiled 2026-07-24 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $517.7M
- Reported positions
- 21
- Holdings vs S&P 500, 3 yrs
- —
- Average holding period
- 2.5 yrs
Milestones Administradora de Recursos Ltda. is an investment manager that reported 21 positions worth $517.7M in its Q2 2026 13F, filed 2026-07-24. Its largest holdings were Amazon Com Inc Com (AMZN, 12.9%), Microsoft Corp (MSFT, 12.8%), Ge Aerospace (GE, 12.2%).
Milestones Administradora de Recursos Ltda. holdings all 21 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| AMZNAmazon Com Inc Com | 12.9% | +67.9% | $67.0M |
| MSFTMicrosoft Corp | 12.8% | -1.1% | $66.2M |
| GEGe Aerospace | 12.2% | +2.8% | $63.1M |
| TSMTaiwan Semiconductor Manufac | 10.8% | +0.3% | $55.7M |
| LINLinde PLC | 8.7% | -14.3% | $44.8M |
| NUNu Hldgs Ltd | 8.1% | +12.5% | $42.1M |
| GOOGLAlphabet Inc | 8.1% | +0.0% | $42.1M |
| VVisa Inc Com Cl A | 7.5% | +66.8% | $38.7M |
| DHRDanaher Corporation | 5.1% | +95.9% | $26.2M |
| AMDAdvanced Micro Devices Inc | 3.8% | -33.6% | $19.8M |
| MCOMoodys Corp | 2.7% | +93.2% | $14.0M |
| MELIMercadolibre Inc | 2.6% | +12.7% | $13.7M |
| SPGIS&P Global Inc. | 1.2% | +149.2% | $6.4M |
| WALDWaldencast PLC | 0.8% | +0.0% | $4.3M |
| TPGTpg Inc | 0.6% | — | $3.1M |
| BRK-BBerkshire Hathaway Inc Del | 0.5% | +132.4% | $2.4M |
| NVDANvidia Corporation Com | 0.4% | — | $2.1M |
| XOMExxon Mobil Corp | 0.4% | — | $2.1M |
| COPConocophillips | 0.4% | — | $2.0M |
| CVXChevron Corp New | 0.4% | — | $1.9M |
| WALDWWaldencast PLC | 0.0% | +0.0% | $21K |
What Milestones Administradora de Recursos Ltda. bought and sold in Q2 2026, against Q1 2026.
New positions
- TPG Tpg Inc0.6% of 13F
- NVDA Nvidia Corporation Com0.4% of 13F
- XOM Exxon Mobil Corp0.4% of 13F
- COP Conocophillips0.4% of 13F
- CVX Chevron Corp New0.4% of 13F
Added to
- SPGI S&P Global Inc.+149.2% shares
- BRK-B Berkshire Hathaway Inc Del+132.4% shares
- DHR Danaher Corporation+95.9% shares
- MCO Moodys Corp+93.2% shares
- AMZN Amazon Com Inc Com+67.9% shares
- V Visa Inc Com Cl A+66.8% shares
- MELI Mercadolibre Inc+12.7% shares
- NU Nu Hldgs Ltd+12.5% shares
Reduced
- AMD Advanced Micro Devices Inc-33.6% shares
- LIN Linde PLC-14.3% shares
Sold out
- NOW Servicenow Inc Comwas 0.6%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +26.7% /yr
- S&P 500 +20.1%
- 3 years
- —
- 5 years
- —
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $517.7M | 21 |
| Q1 2026 | $383.1M | 17 |
| Q4 2025 | $302.8M | 18 |
| Q3 2025 | $285.7M | 18 |
| Q2 2025 | $292.4M | 19 |
| Q1 2025 | $195.9M | 22 |
| Q4 2024 | $196.7M | 22 |
| Q3 2024 | $251.0M | 29 |
| Q2 2024 | $237.9M | 28 |
| Q1 2024 | $186.2M | 18 |
| Q4 2023 | $127.5M | 11 |
Questions about Milestones Administradora de Recursos Ltda.'s portfolio
What stocks does Milestones Administradora de Recursos Ltda. own?
Milestones Administradora de Recursos Ltda.'s latest 13F, for Q2 2026 and filed Jul 24, 2026, lists 21 positions worth $517.7M. The largest are Amazon Com Inc Com (AMZN) at 12.9%, Microsoft Corp (MSFT) at 12.8%, Ge Aerospace (GE) at 12.2%, Taiwan Semiconductor Manufac (TSM) at 10.8% and Linde PLC (LIN) at 8.7%.
What did Milestones Administradora de Recursos Ltda. buy last quarter?
In Q2 2026, Milestones Administradora de Recursos Ltda. added a new position in Tpg Inc (TPG), a new position in Nvidia Corporation Com (NVDA), a new position in Exxon Mobil Corp (XOM), a new position in Conocophillips (COP), a new position in Chevron Corp New (CVX), S&P Global Inc. (SPGI) (+149.2% shares), Berkshire Hathaway Inc Del (BRK-B) (+132.4% shares) and Danaher Corporation (DHR) (+95.9% shares), compared with its Q1 2026 filing.
What did Milestones Administradora de Recursos Ltda. sell last quarter?
In Q2 2026, Milestones Administradora de Recursos Ltda. sold all of Servicenow Inc Com (NOW), Advanced Micro Devices Inc (AMD) (-33.6% shares) and Linde PLC (LIN) (-14.3% shares), compared with its Q1 2026 filing.
When is Milestones Administradora de Recursos Ltda.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Milestones Administradora de Recursos Ltda.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.