StoneCo

STNE • NASDAQ

StoneCo is a software - infrastructure company in the technology sector on NASDAQ, led by Pedro Zinner, with a market cap of $4.1B. As of Q3 2025, 67% of shares are held by 270 institutional investors, with Madrone Advisors, LLC as the largest holder at 9.47%.

Chief Executive OfficerPedro Zinner

Market Cap$4.1B

Software - Infrastructure

Technology

Employees17.1K

Websitestone.co

Overview

Overview of institutional ownership in STNE as of Q3 2025 with a market cap of $5.1B

All Institutions

Institutions: 270
Value Held: $3.4B
Shares Held: 179.0M
Avg Position: $12.5M
Median Position: $818.5K

Hedge Funds

Hedge Funds: 43
Value Held: $750.1M
Shares Held: 39.7M
Avg Position: $17.4M
Median Position: $1.7M

Ownership Breakdown

Institutional (non-HF)

52.07%

$2.6B

Hedge Funds

14.83%

$750.1M

Retail & Other

33.1%

$1.7B

Based on market cap of $5.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in STNE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
M Madrone Advisors, LLC Institution	-	$479.2M 23.58% of portfolio	9.47% 25.3M shares	Q4 2022 Held for 2y 11m	$2.0B
B BlackRock, Inc. Institution	-	$412.8M 0.01% of portfolio	8.16% 21.8M shares	Q4 2018 Held for 6y 11m	$5.67T
A ATMOS CAPITAL GESTAO DE RECURSOS LTDA. RIA/Wealth	William Franklin Moore CEO	$169.0M 24.13% of portfolio	3.34% 8.9M shares	Q4 2023 Held for 1y 11m	$700.6M
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	Steven Alan Cohen CEO	$143.3M 0.33% of portfolio	2.83% 7.6M shares	Q3 2020 Held for 5y 2m	$43.2B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$118.6M 0.00% of portfolio	2.35% 6.3M shares	Q2 2020 Held for 5y 5m	$2.88T
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	Stephen Thomas Weber CEO	$95.8M 0.69% of portfolio	1.89% 5.1M shares	Q2 2025 Held for 5 months	$13.9B
FMR LLC Institution	-	$82.9M 0.00% of portfolio	1.64% 4.4M shares	Q4 2018 Held for 6y 11m	$1.92T
I Investec Asset Management LTD Long Only Manager	Hendrik Jacobus Du Toit CEO	$80.1M 0.17% of portfolio	1.58% 4.2M shares	Q2 2025 Held for 5 months	$46.3B
N Nuveen, LLC Institution	-	$79.6M 0.02% of portfolio	1.57% 4.2M shares	Q1 2025 Held for 8 months	$377.89B
Slate Path Capital LP Hedge Fund•Long/Short	David Gerald Greenspan CEO	$71.5M 1.05% of portfolio	1.41% 3.8M shares	Q4 2022 Held for 2y 11m	$6.8B

Net Capital Flow

Institutional buying and selling activity for STNE in Q3 2025

Traded: −$117.0M
Buyers: 141
Sellers: 129
Total Bought: +$532.8M
Total Sold: −$649.8M
Avg Position: $11.0M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$65.4M +3.5M shares	$82.9M 4.4M shares
Q Qube Research & Technologies Ltd Institution	+$58.0M +3.1M shares	$58.0M 3.1M shares
I Investec Asset Management LTD Long Only Manager	+$54.9M +2.9M shares	$80.1M 4.2M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$52.1M +2.8M shares	$56.5M 3.0M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$38.6M +2.0M shares	$40.9M 2.2M shares
J JANE STREET GROUP, LLC Institution	+$30.4M +1.6M shares	$49.6M 2.6M shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	+$26.3M +1.4M shares	$38.6M 2.0M shares
I Investec Asset Management North America, Inc. Long Only Manager	+$21.2M +1.1M shares	$30.1M 1.6M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$15.5M +820.2K shares	$17.1M 902.9K shares
Marshall Wace LLP Institution	+$13.2M +697.2K shares	$54.2M 2.9M shares

Biggest Sellers

Institution	Net Sold	Current Position
SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. Hedge Fund•Long/Short	−$75.8M −4.0M shares	$57.3M 3.0M shares
Azora Capital LP Hedge Fund•Long/Short	−$63.1M −3.3M shares	$28.8M 1.5M shares
B BlackRock, Inc. Institution	−$58.5M −3.1M shares	$412.8M 21.8M shares
BANK OF AMERICA CORP /DE/ Institution	−$55.2M −2.9M shares	$52.4M 2.8M shares
N Nuveen, LLC Institution	−$46.3M −2.4M shares	$79.6M 4.2M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$41.5M −2.2M shares	$143.3M 7.6M shares
MORGAN STANLEY RIA/Wealth	−$27.7M −1.5M shares	$33.0M 1.7M shares
J JGP Global Gestao de Recursos Ltda. Institution	−$25.3M −1.3M shares	$60.8M 3.2M shares
A Assenagon Asset Management S.A. Institution	−$25.2M −1.3M shares	$11.3M 596.1K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	−$22.3M −1.2M shares	$95.8M 5.1M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited STNE in Q3 2025

New Positions: 13
New Value: $7.6M
Exited Positions: 39
Exited Value: $60.4M

New Positions

Institution	Position Value
V Varma Mutual Pension Insurance Co Institution	$2.3M 120.0K shares
Alta Wealth Advisors LLC RIA/Wealth	$1.6M 86.3K shares
Williamson Legacy Group, LLC RIA/Wealth	$1.4M 72.1K shares
BTG Pactual Asset Management US LLC Hedge Fund•Multi-Strategy	$1.2M 65.8K shares
G Ground Swell Capital, LLC Hedge Fund•Multi-Strategy	$428.9K 22.7K shares
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors RIA/Wealth	$266.4K 14.1K shares
S State of Alaska, Department of Revenue Institution	$198.0K 10.5K shares
L LSV ASSET MANAGEMENT Long Only Manager	$139.9K 7.4K shares
C Concord Wealth Partners RIA/Wealth	$59.7K 3.2K shares
Strategic Wealth Partners, Ltd. RIA/Wealth	$9.5K 503.0 shares

Exited Positions

Institution	Previous Position
Lead Edge Capital Management, LLC Venture Capital	$19.0M 1.2M shares
I Incline Global Management LLC Hedge Fund•Long/Short	$10.4M 650.4K shares
C Capitolis Liquid Global Markets LLC Private Equity	$7.9M 494.1K shares
R ROYCE & ASSOCIATES LLC Institution	$4.6M 286.9K shares
Constellation Investimentos e Participacoes Ltda Hedge Fund•Multi-Strategy	$2.6M 163.9K shares
V Verde Servicos Internacionais S.A. Hedge Fund•Global Macro	$2.4M 150.0K shares
Bridgewater Associates, LP Hedge Fund•Global Macro	$2.3M 144.8K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$1.6M 100.3K shares
H HSBC HOLDINGS PLC Institution	$1.6M 99.3K shares
Main Management ETF Advisors, LLC Institution	$1.6M 98.2K shares

Options Activity

Institutions with the largest Call and Put options positions in STNE as of Q3 2025

Call Positions: 17
Call Value: $127.5M
Put Positions: 15
Put Value: $20.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$50.9M 26.9K contracts
P PEAK6 LLC Institution	$22.0M 11.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$14.0M 7.4K contracts
D D. E. Shaw & Co., Inc. Institution	$11.7M 6.2K contracts
Walleye Trading LLC RIA/Wealth	$7.9M 4.2K contracts
C Cubist Systematic Strategies, LLC Institution	$6.3M 3.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.7M 2.0K contracts
J JANE STREET GROUP, LLC Institution	$3.3M 1.7K contracts
W WOLVERINE TRADING, LLC Institution	$2.6M 1.3K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$2.2M 1.2K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$13.4M 7.1K contracts
C Cubist Systematic Strategies, LLC Institution	$1.3M 706.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$1.2M 644.0 contracts
J JANE STREET GROUP, LLC Institution	$877.4K 464.0 contracts
W WOLVERINE TRADING, LLC Institution	$747.3K 384.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$677.0K 358.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$593.8K 314.0 contracts
D D. E. Shaw & Co., Inc. Institution	$382.0K 202.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$283.7K 150.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$253.4K 134.0 contracts

Most Committed Institutions

Institutions with STNE as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
N NUCLEO CAPITAL LTDA. Hedge Fund•Value	Vitorio Cirineu COO	100.00% $29.1M	0.57% 1.5M shares	Q2 2023 Held for 2y 5m	$29.1M
Polunin Capital Partners Ltd Hedge Fund•Long/Short	Douglas Harold Hart Polunin CEO	54.04% $63.5M	1.26% 3.4M shares	Q2 2023 Held for 2y 5m	$117.6M
J JGP Global Gestao de Recursos Ltda. Institution	-	35.85% $60.8M	1.20% 3.2M shares	Q3 2023 Held for 2y 2m	$169.7M
A ATMOS CAPITAL GESTAO DE RECURSOS LTDA. RIA/Wealth	William Franklin Moore CEO	24.13% $169.0M	3.34% 8.9M shares	Q4 2023 Held for 1y 11m	$700.6M
M Madrone Advisors, LLC Institution	-	23.58% $479.2M	9.47% 25.3M shares	Q4 2022 Held for 2y 11m	$2.0B
S Sharp Capital Gestora de Recursos Ltda. Institution	-	14.89% $17.1M	0.34% 902.5K shares	Q4 2023 Held for 1y 11m	$114.6M
T Tekne Capital Management, LLC Hedge Fund•Multi-Strategy	Beeneet Kothari CEO	14.29% $41.6M	0.82% 2.2M shares	Q2 2025 Held for 5 months	$291.2M
SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. Hedge Fund•Long/Short	Guilherme Mexias Ache CEO	13.45% $57.3M	1.13% 3.0M shares	Q4 2023 Held for 1y 11m	$425.7M
14B Captial Management LP Hedge Fund•Long/Short	Ilya Nmn Zaides CIO	10.30% $17.6M	0.35% 931.0K shares	Q4 2023 Held for 1y 11m	$170.9M
T Truxt Investmentos Ltda. Institution	-	8.49% $12.1M	0.24% 640.7K shares	Q3 2025 Held for 2 months	$142.6M

Hedge Fund Spotlight

Discover hedge funds investing in STNE

Walleye Trading Advisors, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerWilliam Dunning England

Portfolio Value: $11.2B
Positions: 1,691
Last Reported: Q3 2025

Sector Allocation

Position in StoneCo

Market Value: $90.8K
Shares Held: 4.8K
Portfolio Weight: 0.00%
Owned Since: 2021-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$463.8M	4.15%
2 Amazon AMZN	Specialty Retail Consumer Cyclical	$346.6M	3.10%
3 Tesla, Inc. TSLA	Auto - Manufacturers Consumer Cyclical	$288.5M	2.58%