Instuitional Investor - Dynamo Internacional Gestao De Recursos Ltda.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Mercadolibre Inc	MELI	71,814	$121,896,365	49.91%
2.	Nu Holdings Ltd.	NU	6,419,224	$85,760,833	35.12%
3.	Suzano S.a.	SUZ	2,561,542	$19,877,566	8.14%
4.	Gerdau S.a.	GGB	2,109,474	$8,522,275	3.49%
5.	Petrobras - Petroleo Brasileiro SaPUT	PBR	2,050,000	$7,096,280	2.91%