14B Capital Management Sells Shares in StoneCo: What You Need to Know
On February 17, 2026, 14B Capital Management made headlines by disclosing a significant transaction in a filing with the U.S. Securities and Exchange Commission (SEC). The fund revealed that it sold 322,000 shares of StoneCo (STNE), an action valued at approximately $5.39 million based on the average pricing for the previous quarter.
What Happened
According to the SEC filing dated February 17, 2026, 14B Capital Management LP’s sale of 322,000 shares of StoneCo was a noteworthy move within the financial world. The estimated transaction value of $5.39 million was derived from the average closing price for the quarter ending December 31, 2025. Notably, the fund’s quarter-end position value saw a decrease by $8.60 million, a reduction attributed to both the share sale and price fluctuations during that period. This development raises interest among investors and analysts alike, especially in light of StoneCo’s performance in the growing fintech industry.
What Else to Know
The implications of this share sale are significant. After the transaction, StoneCo now constitutes 7.2% of the fund’s reportable assets under management according to their 13F report. Here’s a brief look at the fund’s top holdings in light of this filing:
- Mastercard (NYSE: MA): $24.30 million (19.5% of AUM)
- Visa (NYSE: V): $24.29 million (19.5% of AUM)
- Shift4 Payments (NYSE: FOUR): $24.24 million (19.5% of AUM)
- StoneCo (NASDAQ: STNE): $9.01 million (7.2% of AUM)
- PagSeguro (NYSE: PAGS): $7.02 million (5.6% of AUM)
As of the latest figures, StoneCo shares were priced at $13.84, reflecting a remarkable increase of 52% over the last year. This performance stands in stark contrast to the S&P 500, which experienced an approximate gain of 20% during the same timeframe.
Company Overview
StoneCo operates within the robust Brazilian fintech landscape, offering a variety of financial technology solutions. Its suite of services includes electronic payment processing, digital commerce platforms, and merchant financial services. Here are some key metrics that illustrate StoneCo’s market position:
| Metric | Value |
|---|---|
| Price (as of Thursday) | $13.84 |
| Market Capitalization | $3.6 billion |
| Revenue (TTM) | $2.59 billion |
| Net Income (TTM) | ($219.08 million) |
StoneCo generates revenue through transaction fees, software subscriptions, and other value-added services facilitated via its proprietary Stone Hubs and integrated digital channels. The company primarily serves small- to medium-sized businesses, digital merchants, and integrated software vendors looking for reliable financial solutions.
Company Snapshot
The operational model of StoneCo is particularly interesting due to its hyper-local distribution strategy, which is tailored to meet the needs of the thriving Brazilian commerce market. This approach, leveraging local hubs and advanced digital platforms, allows StoneCo to tap into the increasing demand for efficient electronic transactions across both physical and digital channels.
What This Transaction Means for Investors
The sale of shares by 14B Capital Management is a pivotal moment for investors to consider. The payments infrastructure sector often rewards patience, making changes in portfolio allocations significant. StoneCo is entrenched within the digital backbone of Brazilian commerce, facilitating payment processing, software tools, and financial services for millions of merchants operating in one of the world’s largest emerging economies.
Recent results indicate that StoneCo’s strategy is yielding positive outcomes. For instance, in 2025, the company reported an adjusted gross profit of approximately R$6.3 billion, a year-over-year increase of about 13.5%. Additionally, adjusted basic earnings per share grew by more than 33% to R$9.71. The total payment volume reached approximately R$560.9 billion for the year, marking a 9% increase from 2024 as businesses transitioned more transactions to digital platforms.
Within 14B Capital Management’s portfolio, StoneCo continues to share space with other prominent payments and fintech companies such as Mastercard, Visa, Shift4, and PagSeguro. This assortment reflects a broader theme of global exposure to digital payment infrastructures, with StoneCo providing the emerging market perspective. Even after selling shares, 14B still holds an approximate $9 million worth of StoneCo, signaling the fund’s ongoing confidence in its prospects.
