3G Capital exits stake in NVIDIA in Q2, takes in new positions in Carvana, JD.com
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3G Capital Partners, the investment firm co-founded by Brazilian billionaire Alexandre Behring, disposed off its stake in chip giant NVIDIA (NASDAQ:NVDA) in Q2 2023, while taking new positions in several companies including user car seller Carvana (NYSE:CVNA) and Chinese e-commerce major JD.com (NASDAQ:JD).
3G Capital disclosed the information in its latest 13F filing for the three months ended June 30, 2023, published on Monday.
The firm shed its stake of 20K shares in NVIDIA (NVDA) in Q2. 3G Capital also exited its position of 87.5K American depositary shares in Sony (SONY) and 250K class A shares in South Korean e-commerce company Coupang (CPNG).
The investment firm snapped up 60K class A shares in Carvana (CVNA) in Q2. Short interest on the stock stands at a whopping 47.45% of the total float. 
3G Capital also picked up 80K class A American depositary shares in JD.com (JD) in Q2, while picking up 50K American depositary shares in another Chinese retailer, PDD Holdings (PDD).
Additionally, 3G Capital disclosed the following new stakes: 58.5K shares, 48K shares and 10K shares in semiconductor companies Applied Materials (AMAT), Analog Devices (ADI), and KLA Corp (KLAC), respectively; and nearly 105K class A shares in Goosehead Insurance (GSHD).
Other notable moves: 3G Capital marginally bumped up its stake in Facebook-owner Meta Platforms (META) to 50K class A shares from 45K in Q1 2023; trimmed its position in Alphabet's (GOOGL) class A capital stock to 30K shares from 92.5K shares; cut its holdings in chip-making tools supplier Lam Research (LRCX) to 9K shares from 14.5K shares; and reduced its stake in casino operator Wynn Resorts (WYNN) to 105K shares from 117.5K shares.
According to Forbes, Alexandre Behring's real time net worth is $5.8B. 
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