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What smart money is saying about Nu HoldingsBrazil flag

NU · Financial Services · Banks - Regional · Market cap $84.63B

7 funds in our archive have pitched Nu Holdings — most recently White Falcon Capital Management Partner Strategy in June 2026.

Company profile

Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States. The company provides spending solutions comprising Nu credit and prepaid card, a digitally enabled card that acts as a credit and a prepaid card; Nubank+ Tier, an evolution of the Nu experience; Ultraviolet credit and prepaid card, a premium metal credit card; mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones; and Nu Shopping, an integrated marketplace that enables customers to purchase goods and services from various ecommerce retailers. It also offers transactional solutions, such as Nu Personal Accounts, a digital account solution for personal financial activities; Nu business accounts for entrepreneur customers and their businesses; and Nu business prepaid and credit card. In addition, it offers savings and investing solutions, including Money Boxes, a solution for goal-based investing; investing solutions, an attractive investment product with customized and conflict-free guidance; and NuCrypto, a solution for buying and selling cryptocurrencies through the Nu app. Further, the company provides borrowing solutions comprising personal unsecured and secured loans; Pix financing that enables credit card and digital account customers to make free and instant peer-to-peer transfers; Boleto financing, which enables credit card and digital account customers to make payments; purchase financing; cash-in financing; and NuPay to make online purchases and pay for services through Nu app. Additionally, it offers protection solutions, such as NuInsurance protection solutions, including life, mobile, auto, home, and financial protection insurance policies; and beyond financial services solutions, including NuTravel, a travel portal; and NuCel, a mobile phone service. Nu Holdings Ltd. was founded in 2013 and is headquartered in São Paulo, Brazil.

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Summarize with Warren AI
6
Reported positions
2
Bought
0
Sold
13
Letters

Position history

Between Q4 2024 and Q2 2026, 6 fund letters reported a position in Nu Holdings2 opened or added to the position.

Fund letters reporting a position in Nu Holdings, by quarter
QuarterLettersBoughtSoldTheses
Q2 20266201
Q4 20250002
Q3 20250001
Q2 20250002
Q4 20240001

Fund activity · 6 positions · 2 moves

  • AddedVision Capital Fund
    June 2026
    We deployed some of that new capital to 10 of our existing positions (in alphabetical order): Cloudflare (NET), MercadoLibre (MELI), Meta (META), Nu (NU), Palantir (PLTR), Pro Medicus (PME), Sea Limited (SE), ServiceNow (NOW), Shopify (SHOP), and Zscaler (ZS).
    Read the letterNu Holdings
  • HoldsACATIS Investment
    June 2026
    Nu Holdings (-8.8%) and Pepsi Co (-8.5%) suffered from interest rate pressure and margin problems respectively.
    Read the letterNu Holdings
  • HoldsACATIS Investment Report
    June 2026
    Nu Holdings (-8.8%) and Pepsi Co (-8.5%) suffered from interest rate pressure and margin problems respectively.
    Read the letterNu Holdings
  • HoldsWhite Falcon Capital Management Partner Strategy
    June 2026
    Nu Holdings, a top 5 position in the portfolio for the last three years, is a leading digital financial services platform in Latin America.
    Read the letterNu Holdings
  • AddedBaron Emerging Markets Fund
    June 2026
    We added to several of our existing positions during the quarter, including JSW Energy Limited , Grupo Mexico, S.A.B. de C.V. , SK hynix Inc. , Alibaba Group Holding Limited , Nu Holdings Ltd. , Power Grid Corporation of India Limited , Contemporary Amperex Technology Co., Limited , d'Alba Global Co., Ltd. , and Pony AI Inc.
    Read the letterNu Holdings
  • HoldsArtisan Partners Developing World Fund
    June 2026
    A similar line of thinking could apply to other core investments including Tencent, MercadoLibre, Nubank, Grab, Adyen, MakeMyTrip, Eternal, and Paytm, all of which have declined (in some cases significantly) YTD.
    Read the letterNu Holdings

Also mentioned · 1

These funds discuss Nu Holdings — as a competitor, benchmark or comparable — without disclosing a position in it.

  • MentionedHolland Advisors VT Holland Advisors Equity Fund
    May 2026
    Nubank: A snowball on a long, wet hill
    Read the letterNu Holdings

Fund coverage · 7 theses

  • White Falcon Capital Management Partner Strategy
    June 2026

    Nu Holdings is a leading digital financial services platform with a low-cost model, prudent risk management, rapid growth, exceptional profitability, strong management, and attractive long-term compounding potential.

    Read the full thesis
  • Infuse AM
    December 2025

    Nu Holdings is evolving into a super app with replicable expansion beyond Brazil, leveraging a lean cost structure and proven lending algorithms to potentially become a global banking leader.

    Read the full thesis
  • White Falcon Capital Management
    December 2025

    Nu Holdings is a fast-growing, high-ROE, tech-enabled financial services company expanding across Latin America while trading at a reasonable multiple.

    Read the full thesis
  • Sands Capital International Growth
    July 2025

    Nu Holdings is a digital financial services platform, Nubank, that leverages its competitive advantages to disrupt the underbanked Latin American market, targeting customer acquisition and monetization for growth.

    Read the full thesis
  • Holland Advisors
    June 2025

    Nu Holdings is a disruptive force in consumer banking, leveraging low unit costs and relentless customer focus to offer superior services and challenge traditional banks globally.

    Read the full thesis
  • Baron Global Advantage Fund
    June 2025

    Nu Holdings Ltd. is a rapidly growing digital bank in Latin America, disrupting traditional banking with a tech-first platform, a strong brand, and significant growth potential in underserved markets.

    Read the full thesis
  • Polen Emerging Markets Growth
    December 2024

    **Nu Holdings** is the largest online neo-bank globally, with a strong presence in Brazil and Mexico, boasting 100 million and 10 million users respectively, and is expected to deliver attractive revenues and profits in the coming years.

    Read the full thesis

Read every full thesis on Nu Holdings

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