GLADIUS

Multimercados Invest. no Exterior · CNPJ 22.975.153/0001-97 · benchmark Não se aplica

Portfolio as of June 2026

AUM

R$14.8B

In stocks

R$3.0B

Stocks

711

YTD

▲ 25.4%

12 months

▲ 29.5%

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

No complete previous month to compare

Stock	Company	% of stock portfolio	Value	Since then	Sector
ITUB4	Itau Unibanco Holding SA	32.3%	R$953.4M	▲ 15.7%	Finance
BRAV3	Brava Energia SA	10.5%	R$309.5M	▲ 8.7%	Energy Minerals
B3SA3	B3 SA - Brasil, Bolsa, Balcao	5.7%	R$168.8M	▲ 63.2%	Finance
VALE3	Vale S.A.	5.7%	R$167.3M	▼ 16.0%	Non-Energy Minerals
SBFG3	Grupo SBF S.A.	5.4%	R$158.8M	▲ 14.5%	Retail Trade
RENT3	Localiza Rent A Car SA	3.6%	R$107.7M	▲ 27.3%	Finance
SUZB3	Suzano S.A.	3.4%	R$100.2M	▲ 6.7%	Process Industries
TOTS3	TOTVS S.A.	2.4%	R$71.6M	▲ 46.6%	Technology Services
BBAS3	Banco do Brasil S.A.	2.4%	R$70.6M	▲ 21.5%	Finance
BBDC4	Banco Bradesco SA	2.0%	R$59.6M	▲ 14.3%	Finance
CSAN3	Cosan S.A.	1.9%	R$56.7M	▲ 42.4%	Utilities
ENEV3	Eneva S.A.	1.4%	R$41.5M	▲ 19.8%	Utilities
ASAI3	Sendas Distribuidora SA	1.0%	R$30.0M	▲ 60.0%	Retail Trade
CPFE3	CPFL Energia S.A.	1.0%	R$28.4M	▲ 11.8%	Utilities
LREN3	Lojas Renner S.A.	0.9%	R$27.6M	▲ 1.2%	Retail Trade
RADL3	Raia Drogasil S.A.	0.9%	R$27.2M	▲ 28.6%	Retail Trade
PRIO3	Prio SA	0.7%	R$22.2M	▲ 36.6%	Energy Minerals
VBBR3	Vibra Energia SA	0.7%	R$22.0M	▲ 22.7%	Retail Trade
RDOR3	Rede D'Or Sao Luiz SA	0.6%	R$18.9M	▲ 27.0%	Health Services
BBDC3	Banco Bradesco SA	0.6%	R$18.8M	▲ 15.6%	Finance
AMZO34	Amazon.com, Inc.	0.6%	R$18.6M	▲ 6.4%	BDR
ORVR3	Orizon Valorizacao de Residuos SA	0.6%	R$17.9M	▲ 3.9%	Utilities
SMFT3	Smartfit Escola de Ginastica e Danca SA	0.5%	R$15.6M	▲ 30.3%	Consumer Services
AUAU3	Uniao Pet Participacoes SA	0.5%	R$15.4M	▲ 62.3%	Process Industries
MRVE3	MRV Engenharia e Participacoes S.A.	0.5%	R$15.3M	▲ 58.1%	Consumer Durables
BRKM5	Braskem S.A.	0.5%	R$14.6M	▼ 34.6%	Process Industries
GOGL34	Alphabet Inc	0.5%	R$14.0M	▼ 7.1%	BDR
PETR3	Petroleo Brasileiro SA	0.5%	R$14.0M	▲ 55.2%	Energy Minerals
ITSA4	Itausa SA	0.4%	R$13.3M	▲ 18.1%	Finance
AXIA3	AXIA Energia SA	0.4%	R$12.3M	▲ 9.0%	Utilities
C2RW34	CrowdStrike Holdings, Inc.	0.3%	R$9.9M	▲ 16.4%	BDR
CSNA3	Companhia Siderurgica Nacional	0.3%	R$9.6M	▲ 30.1%	Non-Energy Minerals
BCHI39	iShares MSCI China ETF	0.3%	R$9.3M	▼ 3.5%	BDR
ADBE34	Adobe Inc.	0.3%	R$8.9M	▲ 19.9%	BDR
BIWM39	iShares Russell 2000 ETF	0.3%	R$8.8M	▼ 10.7%	BDR
M2RV34	Marvell Technology, Inc.	0.3%	R$8.7M	▼ 22.3%	BDR
MDIA3	M. Dias Branco SA Industria e Comercio de Alimentos	0.3%	R$8.2M	▲ 13.0%	Consumer Non-Durables
BIVB39	iShares Core S&P 500 ETF	0.2%	R$7.0M	▲ 0.2%	BDR
A1PO34	Apollo Global Management Inc	0.2%	R$6.9M	▼ 6.7%	BDR
A2RE34	Ares Management Corporation	0.2%	R$6.7M	▼ 0.1%	BDR
ONCO3	Oncoclinicas do Brasil Servicos Medicos SA	0.2%	R$6.6M	▼ 14.6%	Health Services
CYRE3	Cyrela Brazil Realty SA Empreendimentos e Participacoes	0.2%	R$6.4M	▲ 49.5%	Finance
ITUB3	Itau Unibanco Holding S.A.	0.2%	R$6.3M	▲ 19.3%	Finance
VRTX34	Vertex Pharmaceuticals Inc	0.2%	R$6.1M	▼ 74.6%	BDR
USIM5	Usinas Siderurgicas de Minas Gerais SA-Usiminas	0.2%	R$6.1M	▼ 19.8%	Non-Energy Minerals
BOAC34	Bank of America Corp	0.2%	R$5.4M	▼ 13.9%	BDR
QCOM34	QUALCOMM Incorporated	0.2%	R$5.1M	▼ 5.4%	BDR
ALOS3	Allos S.A.	0.2%	R$4.8M	▲ 27.2%	Finance
RAIL3	Rumo SA	0.2%	R$4.6M	▲ 43.7%	Transportation
BEEM39	iShares MSCI Emerging Markets ETF	0.1%	R$4.3M	▼ 10.0%	BDR
P1DD34	PDD Holdings Inc. ADR A	0.1%	R$4.1M	▲ 2.6%	BDR
DIRR3	Direcional Engenharia S.A.	0.1%	R$3.9M	▼ 18.0%	Finance
MGLU3	Magazine Luiza S.A.	0.1%	R$3.7M	▲ 190.2%	Retail Trade
NATU3	Natura Cosmeticos SA	0.1%	R$3.5M	▼ 12.4%	Consumer Non-Durables
AURA33	Aura Minerals Inc	0.1%	R$3.5M	▲ 32.7%	BDR
TEXA34	Texas Instruments Incorporated	0.1%	R$3.5M	▼ 9.6%	BDR
GGBR4	Gerdau S.A.	0.1%	R$3.4M	▲ 26.3%	Non-Energy Minerals
WALM34	Walmart Inc	0.1%	R$3.3M	▲ 1.0%	BDR
WFCO34	Wells Fargo & Company	0.1%	R$3.1M	▼ 3.8%	BDR
MBRF3	MBRF Global Foods Company S.A.	0.1%	R$3.1M	▲ 2.8%	Consumer Non-Durables

Short positions

Borrowed shares the fund has to return