3G Capital exits Amazon & DraftKings, ups PDD, and trims Carvana in Q2 moves

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3G Capital Partners, the investment firm co-founded by Brazilian billionaire Alexandre Behring, exited its stakes in Amazon (NASDAQ:AMZN) and DraftKings (NASDAQ:DKNG) in Q2, while upping its position in PDD (NASDAQ:PDD) and trimming Carvana (NYSE:CVNA), among other moves.

3G Capital disclosed the information in its latest 13F filing for the three months ended June 30, 2025, published on Thursday.

The fund in Q2 sold the 125K shares it owned in tech and e-commerce giant Amazon (NASDAQ:AMZN) and its 70K class A shares in sports betting firm DraftKings (NASDAQ:DKNG).

3G also exited its stakes in TurboTax-parent Intuit (INTU), marketing automation firm Klaviyo (KVYO), and enterprise management cloud software provider Workday (WDAY).

The fund’s position in Pinduoduo-parent PDD (NASDAQ:PDD) was increased by 41.7% to 425K American depositary shares in Q2.

Meanwhile, 3G Capital cut its holdings in used car retailer Carvana (NYSE:CVNA) by 35.7% to 90K class A shares in Q2, and in Facebook-owner Meta Platforms (META) by 5.9% to 80K class A shares.

According to Forbes, Alexandre Behring’s real-time net worth is $5.6B.

More on 13F filings

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