Summary by Moomoo AI
Nu Holdings Ltd. has been the subject of a Schedule 13G filing, indicating changes in ownership by significant investors. The filing, dated December 31, 2023, and submitted to the SEC on February 14, 2024, reveals that Sequoia Capital entities have reported their beneficial ownership stakes in the company. Sequoia Capital Fund Parallel, LLC, Sequoia Capital Fund, L.P., Sequoia Capital Fund Management, L.P., and SC US (TTGP), Ltd. are the reporting persons, with Sequoia Capital Fund Management acting as the general partner and manager. Collectively, these entities have reported shared voting and dispositive power over 252,320,306 Class A ordinary shares of Nu Holdings, representing a 7.0% stake in the company based on the total number of shares outstanding as of December 31, 2022. The principal business office for the Sequoia entities is located in Menlo Park, California, and the citizenship of the entities is reported as the Cayman Islands and Delaware.