3G Capital Partners Lp's Portfolio Shifts: Key Investments & Divestments in Q2 2026
This analysis details the significant purchases and sales made by 3G Capital Partners Lp during the second quarter of 2026, highlighting changes in their holdings.
Portfolio Activity Overview
This report examines the investment activities of 3G Capital Partners Lp during Q2 2026, focusing on changes observed in their portfolio holdings. The total portfolio value stood at $356,761,970 as of June 30th.
Purchasing New Shares: Significant Buys This Quarter
Several notable purchases were identified by the investor during Q2:
- CARVANA CO (CVNA): The position in CARVANA increased significantly, with a buy of 637,500 shares representing an approximately 463.64% increase from the previous period.
- INTEL CORP (INTC): 3G Capital acquired a substantial position in INTEL, purchasing an additional 100.0% of the current holdings.
- CIPHER DIGITAL INC (CIFR): A new investment was initiated in CIPHER DIGITAL, acquiring 125,000 shares at a value allocation of $3.06M.
- NEBIUS GROUP N.V. (NBIS): The investor significantly bolstered their position in NEBIUS by buying an additional 100.0% of the current shares.
- DIGITALOCEAN HLDGS INC (DOCN): A new investment was made in DIGITALOCEAN, acquiring 55,000 shares at a value allocation of $863K.
- TEXAS INSTRS INC (TXN): The position in TEXAS INSTRUMENTS was doubled, representing an acquisition of the entire current holding.
- APPLIED MATLS INC (AMAT): Despite a decrease elsewhere, AMAT saw a new investment from 3G Capital Partners.
Their buying activity demonstrates a continued focus on Technology stocks like INTEL and TEXAS INSTRUMENTS, alongside diversification into Financial Services with CIPHER DIGITAL. The significant increase in CARVANA suggests confidence in the Consumer Cyclical sector as well.
Selling Shares: Notable Divestments This Quarter
Conversely, 3G Capital Partners Lp also divested shares from several positions during Q2:
- META PLATFORMS INC (META): The largest sale by the investor was in META, reducing their position by 50.76% through a sell of 55,000 shares.
- APPLD MATLS INC (AMAT): The investor sold the entirety of their position in APPLIED MATERIALS during this quarter.
- BABA ALIBABA GROUP HLDG LTD: A complete exit was recorded from BABA, selling all 75,000 shares held previously.
- SE SEA LTD: Similarly, the investor sold their entire position in SEA Ltd., totaling $1.43M.
- MELI MERCADOLIBRE INC: The position in MELI was reduced by approximately 50% (down 7,500 shares from a previous holding of 20,000).
- GOOGL ALPHABET INC: A significant portion of the GOOGL holdings was sold off.
The decision to sell out positions in BABA and SE indicates a shift away from certain Consumer Cyclical companies, while the substantial reduction in META suggests either a loss of confidence or rebalancing efforts. The sale of AMAT represents an exit from another Technology holding.
Portfolio Allocation Changes
The changes observed reflect shifts in 3G Capital's portfolio allocation:
- Technology Sector: Remains a core focus, although the specific holdings mix has changed due to sales and purchases. The total Technology allocation decreased slightly from prior periods.
- Consumer Cyclical Sector: Showed mixed results; while exiting BABA and SE (which were significant portions of this sector), they increased their stake in CVNA, indicating continued interest or confidence in some cyclical plays.
- Communication Services Sector: Experienced notable changes with the sale of META but also saw purchases adding to GOOGL's allocation. The overall impact on Communication Services percentage was relatively small compared to Technology and Consumer Cyclical.
- Financial Services Sector: Showed a clear increase through the new investment in CIPHER DIGITAL, boosting this category by $3.06M.
The investor's portfolio continues to evolve based on these specific transactions.