Skip to main content

Newfoundland Capital Management

SEC CIK
0001697752
Latest filing
May 10, 2024

The latest 13F from Newfoundland Capital Management covers Q1 2024 (filed May 10, 2024): 3 long positions worth $9.47M. The top 10 holdings make up 100.0% of the portfolio, and the largest is Vasta Platform Ltd CL A at 96.2%. Livermore has 14 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q1 2024

Share counts compared with Q4 2023: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
2
Est. +$356.5K
Added
1
Est. +$584.4K
Reduced
0
Sold out
4
Est. −$1.59M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vasta Platform Ltd CL AG9440A109
    96.2%$9.12M
  2. NUNu Holdings Ltd.
    1.9%$178.9KHistory
  3. Copel-ADR20441B605
    1.9%$177.6K

Biggest buys

New and added positions, by estimated amount bought

  1. Vasta Platform Ltd CL AG9440A109
    +$584.4KAdded
  2. NUNu Holdings Ltd.
    +$178.9KNewHistory
  3. Copel-ADR20441B605
    +$177.6KNew

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Vasta Platform Ltd CL AG9440A109
    +10.70 pp85.5% → 96.2%
  2. NUNu Holdings Ltd.
    +1.89 pp0.0% → 1.9%History
  3. Copel-ADR20441B605
    +1.87 pp0.0% → 1.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. PBRPetrobras - Petroleo Brasileiro SA
    −$1.03MSold outHistory
  2. DLOdLocal Ltd
    −$212.3KSold outHistory
  3. iShares Inc464286400
    −$174.7KSold out
  4. Almacenes Exito S A02028M105
    −$172.6KSold out

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. PBRPetrobras - Petroleo Brasileiro SA
    −9.39 pp9.4% → 0.0%History
  2. DLOdLocal Ltd
    −1.93 pp1.9% → 0.0%History
  3. iShares Inc464286400
    −1.58 pp1.6% → 0.0%
  4. Almacenes Exito S A02028M105
    −1.57 pp1.6% → 0.0%

Metrics

13F metrics for Q1 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$9.47M
−$1.55M (−14.1%) vs. prior quarter
Positions
3
−2 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
9.2%
Q1 2024, one quarter
Average holding period
12.5 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

13 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $110.3M (Q1 2021)

Q1 2021: $110.3MQ2 2021: $76.7MQ3 2021: $105.2MQ4 2021: $70.3MQ1 2022: $56.3MQ2 2022: $73.1MQ3 2022: $43.2MQ4 2022: $15.9MQ1 2023: $13.1MQ2 2023: $12.2MQ3 2023: $14.9MQ4 2023: $11.0MQ1 2024: $9.47M
Q1 2021Q1 2024
13F filings of Newfoundland Capital Management by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q1 2024May 10, 20243$9.47MVasta Platform Ltd CL ANUCopel-ADRvs. Q4 2023SEC
Q4 2023Feb 12, 20245$11.0MVasta Platform Ltd CL APBRDLOvs. Q3 2023SEC
Q3 2023Nov 13, 20235$14.9MVasta Platform Ltd CL AAMXCIBvs. Q2 2023SEC
Q2 2023Aug 11, 20233$12.2MVasta Platform Ltd CL AArco Platform LtdiShares Incvs. Q1 2023SEC
Q1 2023May 16, 2023Amended4$13.1MVasta Platform Ltd CL AZenvia InciShares Incvs. Q4 2022SEC
Q4 2022Feb 1, 20232$15.9MVasta Platform Ltd CL AZenvia Incvs. Q3 2022SEC
Q3 2022Nov 8, 202215$43.2MVasta Platform Ltd CL AArco Platform LtdPBR.Avs. Q2 2022SEC
Q2 2022Aug 15, 202228$73.1MVasta Platform Ltd CL AKGCVALEvs. Q1 2022SEC
Q1 2022May 16, 202214$56.3MVasta Platform Ltd CL AGPRKPBRvs. Q4 2021SEC
Q4 2021Feb 15, 202226$70.3MVasta Platform Ltd CL AFMXPBR.Avs. Q3 2021SEC
Q3 2021Nov 15, 202130$105.2MFMXVasta Platform Ltd CL AOi SAvs. Q2 2021SEC
Q2 2021Aug 16, 202119$76.7MFMXVasta Platform Ltd CL APBR.Avs. Q1 2021SEC
Q1 2021May 17, 202122$110.3MLAURVasta Platform Ltd CL AFMX–SEC

13D and 13G filings

Companies where Newfoundland Capital Management reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Newfoundland Capital Management does not currently report owning 5% or more of any company.

Latest filings

2 filings on file made by Newfoundland Capital Management or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Newfoundland Capital Management
CompanyFiled (ET)FormStakeChangeEvent dateFiling
Zenvia Inc.Feb 14, 20231:25 PM ET13GOld format–New–SEC
Vasta Platform LtdFeb 14, 202313GOld format–New–SEC