POLO TOTAL RETURN

Multimercados Livre · CNPJ 07.914.903/0001-27 · benchmark OUTROS

Portfolio as of June 2026

AUM

R$572.3M

In stocks

R$499.9M

Stocks

YTD

▲ 29.3%

12 months

▲ 34.6%

Past performance is no guarantee of future results.

Quota

Month-end; daily in recent months

Disclosed so far

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Hatched months still have confidential positions.

Portfolio

Changes vs. May 2026

Stock	Company	% of stock portfolio	Value	Month	Since then	Sector
TEND3	Construtora Tenda SA	32.3%	R$161.2M	Held	▼ 21.8%	Finance
ITUB4	Itau Unibanco Holding SA	7.9%	R$39.7M	Held	▲ 15.7%	Finance
CEAB3	C&A Modas SA	3.4%	R$17.0M	AddedR$5.0M	▲ 32.7%	Retail Trade
EQTL3	Equatorial S.A.	3.4%	R$16.9M	Trimmed−R$9.5M	▲ 27.3%	Utilities
PASS3	Compass Gas e Energia SA	3.4%	R$16.8M	AddedR$14.3M	▲ 15.9%	Utilities
BRAV3	Brava Energia SA	3.4%	R$16.8M	AddedR$937.7K	▲ 8.7%	Energy Minerals
B3SA3	B3 SA - Brasil, Bolsa, Balcao	3.3%	R$16.3M	New	▲ 63.2%	Finance
VALE3	Vale S.A.	3.1%	R$15.7M	Held	▼ 16.0%	Non-Energy Minerals
VAMO3	Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA	3.0%	R$15.1M	Held	▲ 136.3%	Finance
RENT3	Localiza Rent A Car SA	2.6%	R$13.0M	AddedR$4.4M	▲ 27.3%	Finance
SUZB3	Suzano S.A.	2.4%	R$12.0M	Trimmed−R$6.0M	▲ 6.7%	Process Industries
AXIA3	AXIA Energia SA	2.3%	R$11.7M	Trimmed−R$2.2M	▲ 9.0%	Utilities
PRIO3	Prio SA	2.2%	R$11.0M	Held	▲ 36.6%	Energy Minerals
INBR32	Inter & Co., Inc.	2.1%	R$10.7M	Held	▲ 18.5%	BDR
VBBR3	Vibra Energia SA	2.1%	R$10.5M	Trimmed−R$2.8M	▲ 22.7%	Retail Trade
CPLE3	Companhia Paranaense de Energia	2.0%	R$10.0M	Held	▲ 17.5%	Utilities
ITUB3	Itau Unibanco Holding S.A.	1.9%	R$9.5M	New	▲ 19.3%	Finance
ENEV3	Eneva S.A.	1.7%	R$8.5M	Held	▲ 19.8%	Utilities
PGMN3	Empreendimentos Pague Menos SA	1.7%	R$8.4M	AddedR$4.5M	▲ 57.9%	Retail Trade
HAPV3	Hapvida Participacoes e Investimentos SA	1.5%	R$7.5M	Trimmed−R$4.1M	▼ 6.5%	Health Services
EZTC3	EZ TEC Empreendimentos e Participacoes SA	1.4%	R$7.2M	Held	▲ 45.8%	Finance
PETR3	Petroleo Brasileiro SA	1.4%	R$7.0M	New	▲ 55.2%	Energy Minerals
CSAN3	Cosan S.A.	1.4%	R$6.9M	Held	▲ 42.4%	Utilities
MOVI3	Movida Participacoes SA	1.4%	R$6.8M	Held	▲ 112.6%	Finance
VIVA3	Vivara Participacoes SA	1.3%	R$6.7M	AddedR$3.7M	▲ 20.8%	Consumer Durables
GGBR4	Gerdau S.A.	1.2%	R$5.8M	Held	▲ 26.3%	Non-Energy Minerals
AXIA7	AXIA Energia SA	1.1%	R$5.7M	Held	▲ 12.2%	Utilities
SBFG3	Grupo SBF S.A.	1.1%	R$5.4M	AddedR$455.9K	▲ 14.5%	Retail Trade
ASAI3	Sendas Distribuidora SA	1.1%	R$5.3M	Held	▲ 60.0%	Retail Trade
TFCO4	Track & Field Co SA	0.7%	R$3.3M	Trimmed−R$854.4K	▼ 1.6%	Retail Trade
GMAT3	Grupo Mateus SA	0.6%	R$2.8M	Held	▲ 53.7%	Retail Trade
LJQQ3	Lojas Quero-Quero SA	0.5%	R$2.4M	Held	▲ 141.1%	Retail Trade
OPCT3	OceanPact Servicos Maritimos SA	0.3%	R$1.3M	Held	▼ 4.2%	Commercial Services
MULT3	Multiplan Empreendimentos Imobiliarios SA	0.2%	R$984.9K	Trimmed−R$3.8M	▲ 29.7%	Finance
CURY3	Cury Construtora e Incorporadora SA	0.2%	R$926.1K	AddedR$699.2K	▼ 6.6%	Finance
RAPT4	Randoncorp S.A.	0.2%	R$896.4K	Held	▲ 83.6%	Producer Manufacturing
ENGI11	Energisa SA	0.1%	R$646.8K	Held	▲ 40.6%	Utilities
RANI3	Irani Papel e Embalagem SA	0.1%	R$434.7K	Held	▲ 5.6%	Process Industries
MYPK3	Iochpe Maxion S.A.	0.1%	R$417.5K	Held	▲ 33.8%	Producer Manufacturing
RIAA3	RIACHUELO	0.1%	R$288.9K	New	▲ 22.5%	Distribution Services
BRKM5	Braskem S.A.	0.0%	R$57.2K	New	▼ 34.6%	Process Industries
IGTI11	Iguatemi SA	0.0%	R$54.0K	Trimmed−R$2.4K	▲ 28.7%	Finance
AMER3	Americanas SA	0.0%	R$9.4K	Held	▲ 79.6%	Retail Trade
DIRR3	Direcional Engenharia S.A.	0.0%	R$4.1K	New	▼ 18.0%	Finance