Zhi Tong Cai Jing·2025-05-16 05:14Core Insights - 3G Capital's total market value for Q1 2025 is $348 million, a decrease of 2.48% from the previous quarter's $349 million [1][2] - The firm added 5 new stocks, increased holdings in 6 stocks, reduced holdings in 4 stocks, and completely sold out of 5 stocks during the quarter [1][2] - The top ten holdings account for 91.96% of the total market value [1][2] Holdings Summary - The largest holding is Meta (META.US) with 85,000 shares valued at approximately $48.99 million, representing 14.07% of the portfolio [3][4] - Analog Devices (ADI.US) is the second largest holding with 200,000 shares valued at $40.33 million, making up 11.58% of the portfolio [3][4] - Pinduoduo (PDD.US) ranks third with 300,000 shares valued at $35.51 million, accounting for 10.20% of the portfolio [3][4] - MercadoLibre (MELI.US) is fourth with 16,000 shares valued at approximately $31.21 million, representing 8.96% of the portfolio [3][4] - At the fifth position is Atour (ATAT.US) with 1,050,000 shares valued at about $29.77 million, making up 8.55% of the portfolio [3][4] Trading Activity - The firm initiated positions in BBB Foods (TBBB.US), Intuit (INTU.US), Monday (MNDY.US), Workday (WDAY.US), and Klaviyo (KVYO.US) [5][6] - The firm completely exited positions in BILL Holdings (BILL.US), Uber (UBER.US), Broadcom (AVGO.US), Sprout Social (SPT.US), and Affirm Holdings (AFRM.US) [5][6] - The top buys by percentage change in the portfolio include Carvana (CVNA), Analog Devices (ADI), Amazon (AMZN), BBB Foods (TBBB), and Intuit (INTU) [7] - The top sells by percentage change include BILL Holdings (BILL), Uber (UBER), Broadcom (AVGO), and Pinduoduo (PDD) [6][7]