Nucleo Capital Ltda.
Nucleo Capital Ltda. is an SEC-registered investment adviser based in Sao Paulo, Sp, Brazil that reports managing 1 hedge fund on Form ADV. It reports $279.5 million in regulatory assets under management. Its private funds, of all types, hold $15.8 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +41.0% 2025 YTD through Sep 30 (S&P 500: +13.7%), based on 13F filings. Over a longer period they returned an estimated +21.0% from Q3 2024 to Q3 2025, compared with +22.4% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $279.5 millionForm ADV Item 5.F
- Gross assets of private funds
- $15.8 millionAll private fund types, Form ADV
- Hedge funds managed
- 11 private funds in total
- Employees
- 12Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 287719
- Latest Form ADV
- 03/13/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q3 2025 | +4.9% | +7.8% |
| Q2 2025 | +17.8% | +10.4% |
| Q1 2025 | +14.2% | -4.5% |
| Q4 2024 | -17.9% | +2.1% |
| Q3 2024 | +4.6% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Stoneco LTD$29.1 million
As of 2025-09-30, from 13F filing by Nucleo Capital Ltda..
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures