Pangea Capital Gestao De Recursos: Significant Purchases in Q2 2026
Pangea Capital Gestao de Recursos Ltda. maintained its portfolio with major additions to NOAH, G6683N103, META and MELI stocks this quarter.
In the second quarter of 2026, Pangea Capital Gestao De Recursos Ltda., identified as Pangea Capital, demonstrated notable changes in its holdings. The firm's portfolio saw four stocks with significant modifications from the previous quarter.
Purchase Activities: New and Increased Positions
The most prominent change involved a substantial increase in shares for several companies:
- NOAH HLDGS LTD (NOAH), part of the Financial Services sector, saw its position grow by 100% quarter-over-quarter.
- The investment in NU HLDGS LTD (G6683N103), categorized under Unknown sector, increased by a full 100%.
- META PLATFORMS INC (META) experienced an increase of approximately 92.0%, adding more weight to its position in the Communication Services sector.
- MERCADOLIBRE INC (MELI), falling under Consumer Cyclical, also showed a significant rise of about 111.1%.
These changes indicate strong confidence from Pangea Capital in these specific companies during this period. The Financial Services sector received particular attention with the doubling of shares in NOAH and the addition of a new position entirely for NU HLDGS LTD.
No Observable Sales or Reductions
Conversely, during this quarter, Pangea Capital did not engage in any sales or reductions of existing positions. The investor maintained all its current holdings at the same share levels as the previous period.
- No exits: There were no decreases in shares for any stock listed by Pangea Capital during Q2 2026.
- No large sells: The data does not indicate any significant reduction or disposal of holdings.
This suggests a period focused on accumulating positions rather than divesting them. However, it is important to note that the portfolio allocation percentages for these newly acquired or significantly increased stocks are still relatively small compared to their largest holdings like AMAZON and Berkshire Hathaway Inc.
Sector Focus Remains on Financials, Cyclical Stocks
Pangea Capital's overall sector allocation remained unchanged from the previous quarter:
- Financial Services: Continued to be the dominant sector at approximately 74.8% of the portfolio value.
- Consumer Cyclical: Remained a significant portion, now accounting for about 19.7%.
- Communication Services: Maintained its allocation following the increase in META shares.
- Unknown sector: Allocation increased slightly to around 1.58%, likely due to the addition of G6683N103.
- Consumer Defensive: The position remained small at approximately 0.19%.
The continued emphasis on Financial Services and Consumer Cyclical sectors aligns with Pangea Capital's investment strategy, as seen in its largest holdings like BRK-B and AMZN.