Naman Capital Ltda: STATE STR SPDR S&P 500 ETF T (SPY): Quarterly 13F Position History
As of Q1 2026, Naman Capital Ltda reported 182,445 shares of STATE STR SPDR S&P 500 ETF T (SPY), worth $118.7M and representing 33.0% of its 13F equity book. Quarter-over-quarter share count change: 10,432 (-5.4%) . The position first appeared in Q1 2024 and has been disclosed across 9 13F-HR filings in Pactolio's tracked window.
- 182,445Shares Held (Latest Filing)
- $118.7MReported Market Value (Latest Filing)
- 33.0%Portfolio Weight (% of 13F Equity Book)
- 10,432Quarter-over-Quarter Share Change
- -$12.9MQuarter-over-Quarter Value Change
- 204,390Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 9 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 182,445 | 10,432 | -5.4% | $118.7M | 33.0% | $650.3 |
| Q4 2025 | 192,877 | +19,933 | +11.5% | $131.5M | 37.0% | $681.9 |
| Q3 2025 | 172,944 | +31,223 | +22.0% | $115.2M | 32.3% | $666.2 |
| Q2 2025 | 141,721 | +73,530 | +107.8% | $87.6M | 28.5% | $617.9 |
| Q1 2025 | 68,191 | +19,354 | +39.6% | $38.1M | 15.0% | $559.4 |
| Q4 2024 | 48,837 | 145,563 | -74.9% | $28.6M | 17.1% | $586.1 |
| Q3 2024 | 194,400 | 0 | — | $107.9M | 41.3% | $555.1 |
| Q2 2024 | 194,400 | 9,990 | -4.9% | $105.8M | 44.9% | $544.2 |
| Q1 2024 | 204,390 | — | — | $101.7M | 39.7% | $497.5 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Naman Capital Ltda first disclose a SPY position in 13F-HR filings?
Naman Capital Ltda first reported STATE STR SPDR S&P 500 ETF T (SPY) on its 13F-HR filing for the period ending 2024-03-31 (Q1 2024). The position has appeared on 9 reported quarters within Pactolio's tracked window.
What was Naman Capital Ltda's most recent quarter-over-quarter share-count change in SPY?
Between Q4 2025 and Q1 2026, Naman Capital Ltda reduced its SPY position by 10,432 shares (-5.4%), leaving 182,445 shares at a market value of $118.7M.
Does the implied price-per-share represent Naman Capital Ltda's cost basis in SPY?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.