D1 Capital Partners L.P. 13F: New $340M Stake in NU

D1 Capital Partners Opens Large Stake in Nu Holdings

D1 Capital Partners L.P. initiated a brand-new position in Nu Holdings Ltd. (NYSE:NU) during the period ended May 15, 2026, according to a Form 13F filing with the U.S. Securities and Exchange Commission. The fund picked up 25,890,701 shares of the regional bank, establishing a sizeable stake valued at approximately $339.9 million.

Because 13F filings are backward-looking documents reflecting holdings at the end of a specific reporting period, this position may not necessarily represent the fund's current trading activity today. However, entering the stock with nearly 26 million shares shows clear interest from the institutional investor during the quarter.

Stock Price and Valuation Context

Shares of Nu Holdings traded around $13.13 recently, putting them well below the 52-week high of $18.98 and closer to the low end of their range at $11.20. The company trades with a trailing price-to-earnings ratio of 20.18 and a forward P/E ratio of 13.08 based on upcoming earnings estimates. Its 50-day moving average sits at $14.42, while the 200-day moving average rests near $14.67.

Wall Street Analyst Views

Analyst coverage on the digital banking platform remains largely positive. On October 6, 2026, JP Morgan maintained its Overweight rating while lifting its price target to $23.00 from $20.00. Earlier, on September 28, 2026, Needham reiterated a Buy rating on the stock with a $19.00 price target. Meanwhile, Itau BBA adjusted its stance on September 16, 2026, downgrading the shares to Market Perform and lowering its target to $18.00 from $20.00.

Additional commentary arrived on September 11, 2026, when Needham reiterated its Buy rating at $19.00. Back in August, Wolfe Research kept an Outperform rating with a $17.00 target on August 25, 2026, UBS maintained a Buy rating with an $18.20 target on August 20, 2026, and Susquehanna kept a Neutral rating while raising its target to $16.00 on August 14, 2026. Overall, the stock holds a consensus Buy recommendation across 22 analyst opinions.

Digital Banking Across Latin America

Nu Holdings operates a digital banking platform serving customers across Brazil, Mexico, Colombia, the Cayman Islands, and the United States. The company provides a broad range of financial tools, including credit and prepaid cards, personal accounts, cryptocurrency trading, and mobile phone services. This regional footprint has driven rapid expansion for the financial services provider.

What's Ahead for Nu Holdings Ltd.

Investors tracking D1 Capital Partners' new investment will watch for subsequent 13F disclosures to see if the fund adjusts its exposure. The company's next earnings report is scheduled for November 12, 2026, providing further details on revenue growth and profitability.