5 Stocks in Eashwar Krishnan’s Tybourne Capital Management Portfolio

2. StoneCo Ltd. (NASDAQ:STNE)

Tybourne Capital Management’s Stake Value: $200 million

StoneCo Ltd. (NASDAQ: STNE) provides financial technology solutions to merchants and integrated partners. This facilitates its customers to conduct electronic commerce across in-store, online, and mobile channels in Brazil. The company concluded 2020 serving approximately 652,600 clients, most of which were small and medium-sized businesses.

Tybourne Capital Management has a huge stake in the company valued at $200 million.

In the second quarter of 2021’s investor letter, JDP Capital Management mentioned StoneCo Ltd. (NASDAQ: STNE). Here is what the letter said:

“StoneCo (NYSE: STNE) has been in our portfolio since early 2019 and has appreciated 225% since. In the first half of 2021 the stock was down nearly 20% and was a drag on the fund’s performance.

Stone is a leading fintec company in Brazil that provides back-office software, loans and other financial services to small and medium sized businesses (SMBs). We have discussed Stone in past letters and the company’s “ladder up” from a card processor to a supplier of enterprise software used to sell financial products on top of such as working capital loans…” (Click here to see the full text)