RAIL3

Rumo SA · Transportation

Portfolios as of March 2026

Price

R$19.30

▲ 28.9% over 1 month

All funds holding it

548

+28 this month

Value across all funds

R$3.9B

portfolios of Mar/26

Sold short

R$169.0M

119 funds

Largest holders

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

1
Guepardo GUEPARDO INSTITUCIONAL MASTER
HeldR$370.5M
2
Squadra SQUADRA MASTER LONG-BIASED
HeldR$182.4M
3
SPX SPX FALCON MASTER
TrimmedR$173.6M
4
Oceana OCEANA LONG BIASED MASTER
AddedR$103.0M
5
Squadra SQUADRA MASTER LONG-ONLY
HeldR$98.6M
6
SPX SPX HORNET EQUITY HEDGE MASTER
TrimmedR$93.2M
7
Absolute ABSOLUTE PACE LONG BIASED MASTER
TrimmedR$71.5M

Month by month

Number of shares at each month-end

Fund	Position	Mar/26	Feb/26	Jan/26	Dec/25	Nov/25	Oct/25
Guepardo · GUEPARDO INSTITUCIONAL MASTER	Held	22.8M	23.1M	23M	22.4M	22M	20.9M
Squadra · SQUADRA MASTER LONG-BIASED	Held	11.2M	11.2M	8.7M	7.5M	11.7M	9.3M
SPX · SPX FALCON MASTER	Trimmed	10.7M	13.6M	12.8M	5.5M	8M	6.9M
Oceana · OCEANA LONG BIASED MASTER	Added	6.3M	4.4M	6.4M	4.9M	3.6M	3.8M
Squadra · SQUADRA MASTER LONG-ONLY	Held	6.1M	6.1M	4.7M	5.6M	5.8M	6M
SPX · SPX HORNET EQUITY HEDGE MASTER	Trimmed	5.7M	7.2M	8.3M	4.2M	5.5M	5.8M
Absolute · ABSOLUTE PACE LONG BIASED MASTER	Trimmed	4.4M	6.4M	10.8M	9.1M	10.3M	9.2M
Oceana · OCEANA VALOR II MASTER	Added	3.8M	3.5M	2.7M	2.1M	1.3M	1.2M
Itaú Unibanco · ITAÚ INFLATION EQUITY OPPORTUNITIES MULTIMERCADO	Added	3.7M	3.6M	4.1M	3.6M	3.5M	3.3M
BC · BRASIL CAPITAL 30 MASTER	Added	3.6M	2.6M	3.7M	3.4M	3.4M	3.4M
Oceana · OCEANA SELECTION MASTER	Added	3.6M	3.5M	4.2M	3.3M	2.5M	2.4M
SPX · SPX RAPTOR MASTER	Held	3.6M	3.6M	4.9M	4.2M	4.3M	3.5M
Guepardo · GUEPARDO MASTER	Held	3.4M	3.4M	3.4M	3.4M	3.3M	3.2M
SPX · SPX SUMMIT MACRO LONG SHORT MASTER	Held	2.8M	2.8M	3.1M	2.2M	1.5M	1M
Capstone Partners · CAPSTONE MACRO MASTER	Trimmed	2.7M	2.9M	2.9M	3M	3.4M	1.4M
Guepardo · GUEPARDO PREVIDÊNCIA	Trimmed	2.6M	2.9M	2.9M	2.4M	2.4M	2.6M
Perfin Infra · PERFIN INFRA EQUITY MASTER	Held	2M	2M	2M	2M	1.9M	502.2K
Oceana · OCEANA EQUITY HEDGE MASTER	Added	1.7M	1.3M	1.7M	1.2M	753.3K	767.2K
Oceana · OCEANA VALOR MASTER	Added	1.6M	1.6M	1.9M	2.6M	1.6M	1.6M
Vista Capital · VISTA MULTIESTRATEGIA MASTER	Added	1.6M	1.3M	1.2M	895.2K	934.3K	3.1M
Absolute · ABS TOTAL MASTER	Held	1.5M	1.5M	1.8M	2M	1.7M	1.6M
Oceana · OCEANA SELECTION E MASTER	Added	1.4M	1.4M	1.8M	1.4M	1M	1M
SPX · SPX NIMITZ MASTER	Held	1.4M	1.4M	1.9M	1.6M	1.5M	1.2M
UNA Capital · MAINÁ MASTER	Added	1.3M	1.1M	500.2K	209.5K	172.6K	–
BB · BB TOP AÇÕES DIVIDENDOS MIDCAPS	Added	1.2M	1K	1K	390K	1.2M	395.7K

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

Aug/26Conselho de Administração+R$1.1M
May/26Conselho de Administração+R$12.5M
May/26Diretor−R$1.2M
Apr/26Conselho de Administração+R$8.2M
Apr/26Diretor−R$1.4M