Q3 2026 13F · SEC CIK 1912095
Milestones Administradora de Recursos Ltda.
Investment managerFiled 2026-10-21 for Q3 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $556.9M
- Reported positions
- 18
- Holdings vs S&P 500, 3 yrs
- —
- Average holding period
- 2.8 yrs
Milestones Administradora de Recursos Ltda. is an investment manager that reported 18 positions worth $556.9M in its Q3 2026 13F, filed 2026-10-21. Its largest holdings were Microsoft Corp (MSFT, 15.2%), Amazon Com Inc (AMZN, 13.3%), Alphabet Inc (GOOGL, 11.0%).
Milestones Administradora de Recursos Ltda. holdings all 18 positions.
Weights are shares of the filer's total reported 13F value, compared with Q2 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 |
|---|---|---|---|
| MSFTMicrosoft Corp | 15.2% | -7.0% | $84.6M |
| AMZNAmazon Com Inc | 13.3% | +5.7% | $74.1M |
| GOOGLAlphabet Inc | 11.0% | +51.8% | $61.5M |
| GEGe Aerospace | 10.6% | +11.6% | $58.9M |
| TSMTaiwan Semiconductor Manufac | 10.4% | +9.0% | $58.0M |
| LINLinde PLC | 9.6% | +30.7% | $53.5M |
| NUNu Hldgs Ltd | 7.7% | +7.6% | $43.0M |
| VVisa Inc | 5.5% | -23.9% | $30.8M |
| AMDAdvanced Micro Devices Inc | 5.0% | +34.5% | $28.0M |
| DHRDanaher Corp Del | 3.5% | -36.4% | $19.4M |
| MCOMoodys Corp | 2.5% | +0.0% | $14.0M |
| MELIMercadolibre Inc | 2.5% | +0.0% | $13.9M |
| NVDANvidia Corporation | 1.2% | +171.4% | $6.6M |
| WALDWaldencast PLC A | 0.6% | +61.8% | $3.4M |
| TPGTpg Inc | 0.6% | +0.0% | $3.3M |
| BRK-BBerkshire Hathaway Inc Del | 0.4% | +0.0% | $2.4M |
| ETNEaton Corp PLC | 0.3% | — | $1.5M |
| WALDWWaldencast PLC A | 0.0% | +113.5% | $5K |
What Milestones Administradora de Recursos Ltda. bought and sold in Q3 2026, against Q2 2026.
New positions
- ETN Eaton Corp PLC0.3% of 13F
Added to
- NVDA Nvidia Corporation+171.4% shares
- WALDW Waldencast PLC A+113.5% shares
- WALD Waldencast PLC A+61.8% shares
- GOOGL Alphabet Inc+51.8% shares
- AMD Advanced Micro Devices Inc+34.5% shares
- LIN Linde PLC+30.7% shares
- GE Ge Aerospace+11.6% shares
- TSM Taiwan Semiconductor Manufac+9.0% shares
Reduced
- DHR Danaher Corp Del-36.4% shares
- V Visa Inc-23.9% shares
- MSFT Microsoft Corp-7.0% shares
Sold out
- SPGI S&p Global Incwas 1.2%
- XOM Exxon Mobil Corpwas 0.4%
- COP Conocophillipswas 0.4%
- CVX Chevron Corporationwas 0.4%
Share counts compared with the Q2 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, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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 |
|---|---|---|
| Q3 2026 | $556.9M | 18 |
| 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 Q3 2026 and filed Oct 21, 2026, lists 18 positions worth $556.9M. The largest are Microsoft Corp (MSFT) at 15.2%, Amazon Com Inc (AMZN) at 13.3%, Alphabet Inc (GOOGL) at 11.0%, Ge Aerospace (GE) at 10.6% and Taiwan Semiconductor Manufac (TSM) at 10.4%.
What did Milestones Administradora de Recursos Ltda. buy last quarter?
In Q3 2026, Milestones Administradora de Recursos Ltda. added a new position in Eaton Corp PLC (ETN), Nvidia Corporation (NVDA) (+171.4% shares), Waldencast PLC A (WALDW) (+113.5% shares) and Waldencast PLC A (WALD) (+61.8% shares), compared with its Q2 2026 filing.
What did Milestones Administradora de Recursos Ltda. sell last quarter?
In Q3 2026, Milestones Administradora de Recursos Ltda. sold all of S&p Global Inc (SPGI), sold all of Exxon Mobil Corp (XOM), sold all of Conocophillips (COP), sold all of Chevron Corporation (CVX), Danaher Corp Del (DHR) (-36.4% shares), Visa Inc (V) (-23.9% shares) and Microsoft Corp (MSFT) (-7.0% shares), compared with its Q2 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 Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.