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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 21,936 444,948 SH   SOLE   444,948 0 0
MERCADOLIBRE INC COM 58733R102 14,581 14,791 SH   SOLE   14,791 0 0
STONECO LTD COM CL A G85158106 45,695 1,178,909 SH   SOLE   1,178,909 0 0
XP INC CL A G98239109 28,719 683,613 SH   SOLE   683,613 0 0
COSAN S A SHS A G25343107 14,634 971,739 SH   SOLE   971,739 0 0