COGN3

Cogna Educacao S.A. · Commercial Services

Portfolios as of March 2026

Price

R$3.25

▲ 43.8% over 1 month

All funds holding it

373

-31 this month

Value across all funds

R$1.6B

portfolios of Mar/26

Sold short

R$129.6M

93 funds

Largest holders

Equity and multi-strategy funds with AUM of R$ 50M or more

1
Alaska ALASKA POLAND
HeldR$568.2M
2
Alaska ALASKA BLACK MASTER
HeldR$130.6M
3
Alaska ALASKA INSTITUCIONAL LONG ONLY
HeldR$90.6M
4
AZ Quest AZ QUEST LOW VOL
AddedR$72.0M
5
Moat Capital MOAT CAPITAL
AddedR$31.4M
6
Alaska ATKA
HeldR$28.4M
7
Alaska ADAK
HeldR$22.5M

Month by month

Number of shares at each month-end

Fund	Position	Mar/26	Feb/26	Jan/26	Dec/25	Nov/25	Oct/25
Alaska · ALASKA POLAND	Held	179.8M	179.2M	179.2M	187.7M	154.3M	154.8M
Alaska · ALASKA BLACK MASTER	Held	41.3M	41.3M	42M	46.9M	42.7M	48.3M
Alaska · ALASKA INSTITUCIONAL LONG ONLY	Held	28.7M	28.7M	29.3M	34M	30.9M	36M
AZ Quest · AZ QUEST LOW VOL	Added	22.8M	20.8M	20.9M	28.2M	38.5M	38.7M
Moat Capital · MOAT CAPITAL	Added	9.9M	8.6M	–	–	–	300.9K
Alaska · ATKA	Held	9M	9M	9M	9M	8.2M	8.2M
Alaska · ADAK	Held	7.1M	7.1M	7.1M	7.1M	6.5M	6.5M
Capstone Partners · CAPSTONE MACRO MASTER	Trimmed	6.8M	7.5M	6.6M	4.4M	4M	4.1M
Alaska · ALASKA LONG ONLY 100 ICATU PREVIDENCIA	Added	6.6M	6.3M	6.6M	7.6M	6.8M	7.9M
Witpar · WITPAR	Added	6.1M	5.9M	5.9M	5.9M	5.3M	5.3M
Alaska · ALASKA LONG ONLY ADVISORY XP SEGUROS	Held	5.4M	5.3M	5.4M	6.3M	5.5M	6.1M
Sonata · 333	Held	5M	5M	6.2M	6.6M	5M	5M
Clube do Valor · CLUBE DO VALOR MASTER	Added	3.6M	3M	2.4M	2.7M	2.2M	2.2M
Alaska · ALASKA LONG ONLY PREVIDÊNCIA MASTER	Added	2.4M	1.9M	1.8M	2.3M	1.9M	2M
Alaska · BARRA	Trimmed	2.2M	2.6M	2.6M	3M	2.7M	3.1M
Itaú Unibanco · ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX	New	2.2M	–	–	–	–	–
Clube do Valor · CLUBE DO VALOR MOMENTUM MASTER	Added	2M	1.7M	1.4M	1.7M	1.1M	1.1M
Caixa · CAIXA SMALL CAPS ATIVO	Trimmed	2M	2.5M	2.7M	3.8M	3.2M	3.2M
BB · BRASILPREV TOP ASG BRASIL IS	Trimmed	1.9M	1.9M	–	–	–	–
XP · XP INVESTOR MASTER	New	1.8M	–	11.7M	13.2M	8.4M	8.4M
SPX · SPX FALCON MASTER	Added	1.6M	1.6M	2.5M	2M	2.9M	7.4M
SPX · SPX LONG BIAS PREVIDENCIÁRIO MASTER	Added	1.6M	523.1K	–	73K	89.5K	10.7K
V8 Capital · SPEEDWAY LONG SHORT MASTER	Added	1.6M	1.3M	1M	–	–	–
BB · BB TOP AÇÕES SMALL CAPS	Held	1.6M	1.6M	1.5M	1.1M	1M	1M
XP · XP INVESTOR DIVIDENDOS	New	1.5M	–	8.9M	8.9M	8.1M	7M

Funds holding it

All CVM funds

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Insiders

VLMO form, ten days after month-end

Sep/26Órgão Estatutário+R$660.0K
Sep/26Diretor−R$19.8K
Aug/26Órgão Estatutário+R$612.0K
Aug/26Diretor+R$15.6K−R$20.4K
Aug/26Conselho de Administração+R$438.66
Jul/26Órgão Estatutário+R$110.0K
Jul/26Diretor+R$3.2K
Jul/26Conselho de Administração+R$438.66
Jun/26Órgão Estatutário+R$1.1M
Jun/26Conselho de Administração+R$1.3K−R$484.0K