PRINCIPAL CLARITAS LONG SHORT MASTER
Multimercados L/S - Direcional · CNPJ 12.219.414/0001-95 · benchmark DI de um dia
Portfolio as of October 2025
AUM
R$78.5M
In stocks
R$108.5M
Stocks
74
YTD
▲ 10.0%
12 months
▲ 13.5%
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. September 2025
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 VALE3 | Vale S.A. | 10.2% | R$11.0M | Trimmed−R$398.1K | ▲ 0.3% | Non-Energy Minerals |
 BBDC3 | Banco Bradesco SA | 7.0% | R$7.6M | Trimmed−R$552.3K | ▲ 17.8% | Finance |
 ITUB4 | Itau Unibanco Holding SA | 5.6% | R$6.1M | Trimmed−R$445.7K | ▲ 27.4% | Finance |
 PETR4 | Petroleo Brasileiro SA | 4.7% | R$5.1M | Trimmed−R$371.9K | ▲ 95.7% | Energy Minerals |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 4.4% | R$4.8M | Held | ▲ 27.3% | Utilities |
 ELET3 | – | 4.3% | R$4.7M | AddedR$908.2K | – | Other |
 RDOR3 | Rede D'Or Sao Luiz SA | 4.0% | R$4.3M | Trimmed−R$312.0K | ▲ 1.7% | Health Services |
 RENT3 | Localiza Rent A Car SA | 3.3% | R$3.6M | Trimmed−R$260.3K | ▲ 39.2% | Finance |
 EQTL3 | Equatorial S.A. | 3.1% | R$3.4M | Trimmed−R$241.9K | ▲ 35.3% | Utilities |
 CPLE6 | – | 3.0% | R$3.3M | Trimmed−R$232.5K | – | Other |
 PETR3 | Petroleo Brasileiro SA | 2.9% | R$3.2M | Trimmed−R$233.2K | ▲ 105.8% | Energy Minerals |
 VBBR3 | Vibra Energia SA | 2.7% | R$2.9M | Trimmed−R$211.8K | ▲ 65.1% | Retail Trade |
 ITUB3 | Itau Unibanco Holding S.A. | 2.6% | R$2.9M | Trimmed−R$210.8K | ▲ 54.8% | Finance |
 ISAE4 | Isa Energia Brasil SA | 2.6% | R$2.8M | Trimmed−R$203.4K | ▲ 15.9% | Utilities |
 WEGE3 | WEG SA | 2.3% | R$2.5M | AddedR$1.5M | ▲ 15.9% | Producer Manufacturing |
 ITSA4 | Itausa SA | 2.3% | R$2.5M | Trimmed−R$179.4K | ▲ 35.6% | Finance |
 DIRR3 | Direcional Engenharia S.A. | 2.3% | R$2.5M | Trimmed−R$178.3K | ▼ 32.7% | Finance |
 EMBR3 | – | 2.2% | R$2.4M | Trimmed−R$174.0K | – | Other |
 BBAS3 | Banco do Brasil S.A. | 2.2% | R$2.4M | Trimmed−R$175.2K | ▲ 10.5% | Finance |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 2.0% | R$2.1M | Trimmed−R$155.4K | ▲ 34.3% | Finance |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 1.9% | R$2.0M | Trimmed−R$148.4K | ▲ 38.1% | Finance |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 1.8% | R$1.9M | Trimmed−R$786.2K | ▲ 87.3% | Finance |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 1.7% | R$1.8M | Trimmed−R$133.5K | ▲ 1.9% | Consumer Services |
 TFCO4 | Track & Field Co SA | 1.7% | R$1.8M | Trimmed−R$134.0K | ▼ 18.6% | Retail Trade |
 GOAU4 | Metalurgica Gerdau SA | 1.4% | R$1.5M | AddedR$1.3M | ▲ 43.4% | Non-Energy Minerals |
 FLRY3 | Fleury SA | 1.3% | R$1.4M | Trimmed−R$753.7K | ▲ 93.8% | Health Services |
 SUZB3 | Suzano S.A. | 1.2% | R$1.3M | Trimmed−R$1.6M | ▼ 13.3% | Process Industries |
 ENEV3 | Eneva S.A. | 1.1% | R$1.2M | Trimmed−R$91.6K | ▲ 74.8% | Utilities |
 VIVA3 | Vivara Participacoes SA | 1.1% | R$1.2M | Trimmed−R$87.4K | ▼ 11.4% | Consumer Durables |
 LREN3 | Lojas Renner S.A. | 1.0% | R$1.1M | AddedR$633.7K | ▲ 0.6% | Retail Trade |
 TEND3 | Construtora Tenda SA | 0.9% | R$1.0M | Trimmed−R$73.1K | ▲ 21.3% | Finance |
 PRIO3 | Prio SA | 0.9% | R$976.4K | Trimmed−R$72.1K | ▲ 97.8% | Energy Minerals |
 RADL3 | Raia Drogasil S.A. | 0.9% | R$957.2K | Trimmed−R$70.0K | ▲ 8.1% | Retail Trade |
 UGPA3 | Ultrapar Participacoes S.A. | 0.7% | R$794.3K | Trimmed−R$57.8K | ▲ 85.8% | Retail Trade |
 ABEV3 | Ambev SA | 0.7% | R$747.9K | New | ▲ 32.6% | Consumer Non-Durables |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.7% | R$741.9K | Trimmed−R$54.4K | ▲ 4.3% | Utilities |
 RAIL3 | Rumo SA | 0.7% | R$718.9K | Trimmed−R$52.5K | ▲ 21.2% | Transportation |
 VIVT3 | Telefonica Brasil S.A. | 0.6% | R$683.7K | Trimmed−R$48.1K | ▲ 0.5% | Communications |
 ELET6 | – | 0.6% | R$610.8K | AddedR$95.0K | – | Other |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 0.5% | R$559.0K | Trimmed−R$41.3K | ▲ 28.5% | Transportation |
 TOTS3 | TOTVS S.A. | 0.4% | R$488.1K | Trimmed−R$35.5K | ▼ 5.2% | Technology Services |
 TIMS3 | TIM S.A. | 0.4% | R$468.8K | Trimmed−R$34.0K | ▼ 21.6% | Communications |
 ASAI3 | Sendas Distribuidora SA | 0.4% | R$421.4K | Trimmed−R$589.1K | ▲ 62.6% | Retail Trade |
 EGIE3 | ENGIE Brasil Energia S.A. | 0.4% | R$410.2K | New | ▲ 9.3% | Utilities |
 NATU3 | Natura Cosmeticos SA | 0.4% | R$387.4K | Trimmed−R$28.8K | ▼ 15.1% | Consumer Non-Durables |
 MBRF3 | MBRF Global Foods Company S.A. | 0.3% | R$362.1K | Trimmed−R$26.8K | ▲ 3.7% | Consumer Non-Durables |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.3% | R$338.4K | Trimmed−R$25.0K | ▼ 69.5% | Health Services |
 PSSA3 | Porto Seguro S.A. | 0.3% | R$312.3K | Trimmed−R$24.0K | ▲ 9.5% | Finance |
 HYPE3 | Hypera S.A. | 0.2% | R$261.0K | Trimmed−R$18.1K | ▲ 5.5% | Health Technology |
 CSAN3 | Cosan S.A. | 0.2% | R$244.8K | Trimmed−R$17.8K | ▼ 14.3% | Utilities |
 GGBR4 | Gerdau S.A. | 0.2% | R$206.4K | Trimmed−R$847.8K | ▲ 38.6% | Non-Energy Minerals |
 BRAV3 | Brava Energia SA | 0.2% | R$194.8K | Trimmed−R$13.3K | ▲ 42.1% | Energy Minerals |
 CURY3 | Cury Construtora e Incorporadora SA | 0.2% | R$181.7K | Trimmed−R$14.0K | ▼ 6.3% | Finance |
 COGN3 | Cogna Educacao S.A. | 0.2% | R$181.0K | Trimmed−R$13.1K | ▼ 4.4% | Commercial Services |
 BRAP4 | Bradespar SA | 0.2% | R$172.2K | Trimmed−R$11.1K | ▲ 8.1% | Finance |
 AZZA3 | Azzas 2154 SA | 0.1% | R$152.6K | New | ▼ 5.4% | Consumer Non-Durables |
 SLCE3 | SLC Agricola S.A. | 0.1% | R$139.2K | Trimmed−R$9.7K | ▲ 19.0% | Process Industries |
 YDUQ3 | YDUQS Participacoes SA | 0.1% | R$132.2K | Trimmed−R$8.5K | ▲ 1.9% | Commercial Services |
 USIM5 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 0.1% | R$86.8K | Trimmed−R$6.2K | ▲ 19.6% | Non-Energy Minerals |
 RECV3 | Petroreconcavo SA | 0.1% | R$74.5K | Trimmed−R$5.0K | ▲ 2.6% | Energy Minerals |
Exited this month
Short positions
Borrowed shares the fund has to return
