VENTOR HEDGE MASTER

Multimercados Macro · CNPJ 09.489.380/0001-44 · benchmark DI de um dia

Portfolio as of May 2026

AUM

R$490.0M

In stocks

R$93.4M

Stocks

YTD

▲ 8.5%

12 months

▲ 12.0%

Past performance is no guarantee of future results.

Quota

Month-end; daily in recent months

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Hatched months still have confidential positions.

Changes vs. April 2026

Stock	Company	% of stock portfolio	Value	Month	Since then	Sector
PETR4	Petroleo Brasileiro SA	29.8%	R$27.8M	Held	▲ 38.6%	Energy Minerals
CBAV3	Companhia Brasileira de Aluminio	12.7%	R$11.9M	Held	▲ 5.4%	Non-Energy Minerals
MULT3	Multiplan Empreendimentos Imobiliarios SA	9.4%	R$8.8M	Held	▲ 27.4%	Finance
PRNR3	Priner Servicos Industriais SA	8.7%	R$8.2M	Held	▲ 6.9%	Industrial Services
VBBR3	Vibra Energia SA	6.7%	R$6.3M	Trimmed−R$2.8M	▲ 23.3%	Retail Trade
UGPA3	Ultrapar Participacoes S.A.	6.5%	R$6.0M	Held	▲ 53.7%	Retail Trade
RDOR3	Rede D'Or Sao Luiz SA	4.7%	R$4.4M	Held	▲ 29.6%	Health Services
RADL3	Raia Drogasil S.A.	3.3%	R$3.1M	Trimmed−R$3.1M	▲ 15.6%	Retail Trade
TEND3	Construtora Tenda SA	2.7%	R$2.5M	Trimmed−R$2.5M	▼ 12.5%	Finance
AXIA3	AXIA Energia SA	2.7%	R$2.5M	Trimmed−R$2.5M	▲ 13.0%	Utilities
ENEV3	Eneva S.A.	2.6%	R$2.4M	Trimmed−R$5.6M	▲ 24.9%	Utilities
CURY3	Cury Construtora e Incorporadora SA	2.5%	R$2.3M	Trimmed−R$2.3M	▲ 3.2%	Finance
EMBJ3	Embraer S.A.	2.4%	R$2.2M	Held	▲ 23.8%	Electronic Technology
EQTL3	Equatorial S.A.	2.2%	R$2.1M	New	▲ 28.6%	Utilities
PGMN3	Empreendimentos Pague Menos SA	1.3%	R$1.2M	Trimmed−R$1.2M	▲ 33.5%	Retail Trade
PNVL3	Dimed S.A. Distribuidora de Medicamentos	1.1%	R$1.0M	Trimmed−R$1.0M	▲ 34.8%	Retail Trade
AXIA7	AXIA Energia SA	0.7%	R$631.7K	Trimmed−R$624.7K	▲ 18.1%	Utilities

Exited this month

Borrowed shares the fund has to return