Milestones Administradora de Recursos Ltda.
•CIK: 1912095•Filing: Q4 2025
**Milestones Administradora de Recursos Ltda.** manages $303M across a concentrated portfolio of 18 positions. The fund exhibits significant exposure to mega-cap technology and industrial names, with top holdings including AMZN ($47.2M), MSFT ($42.4M), and TSM ($41.9M). Further allocations are notable in GE ($36.8M) and AIG ($31.2M), suggesting a strategic blend of growth technology plays and cyclical value opportunities. This structure indicates a conviction-driven approach targeting established market leaders.
Total AUM
$302.8M
QoQ Performance
+6.0%
Positions
17
Top 10 Concentration
91.6%
Latest Filing
Q4 2025
Top Holdings Allocation
AMZN
MSFT
TSM
GE
NU
GOOGL
LIN
AMZN15.6%
MSFT14.0%
TSM13.9%
GE12.2%
NU10.3%
GOOGL8.1%
LIN6.0%
MLB14.8%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other33.4%
Technology25.3%
Consumer15.6%
Industrial12.2%
Materials6.0%
Financial3.8%
Healthcare3.3%
Energy0.5%
Changes from Q3 2025
↑3 increased
↓5 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024