BAHIA AM LONG BIASED MÁSTER

Multimercados Livre · CNPJ 23.732.220/0001-05 · benchmark Não se aplica

Portfolio as of August 2025

AUM

R$72.6M

In stocks

R$42.7M

Stocks

YTD

▲ 29.0%

12 months

▲ 40.4%

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. June 2025

Stock	Company	% of stock portfolio	Value	Month	Since then	Sector
CSNA3	Companhia Siderurgica Nacional	23.1%	R$9.9M	New	▼ 21.0%	Non-Energy Minerals
BBDC3	Banco Bradesco SA	6.1%	R$2.6M	Trimmed−R$701.8K	▲ 26.2%	Finance
NEOE3	–	4.4%	R$1.9M	Trimmed−R$87.5K	–	Other
VBBR3	Vibra Energia SA	4.4%	R$1.9M	AddedR$1.9M	▲ 63.4%	Retail Trade
ALOS3	Allos S.A.	3.7%	R$1.6M	AddedR$153.3K	▲ 49.0%	Finance
TEND3	Construtora Tenda SA	3.6%	R$1.6M	AddedR$50.1K	▲ 19.8%	Finance
POMO4	Marcopolo SA	3.6%	R$1.5M	Trimmed−R$182.6K	▼ 41.3%	Producer Manufacturing
ITSA4	Itausa SA	3.5%	R$1.5M	Trimmed−R$715.8K	▲ 40.8%	Finance
BEEF3	Minerva S.A.	3.2%	R$1.4M	Trimmed−R$1.1M	▼ 28.2%	Distribution Services
ELET6	–	3.1%	R$1.3M	Trimmed−R$1.0M	–	Other
SMFT3	Smartfit Escola de Ginastica e Danca SA	2.9%	R$1.3M	Trimmed−R$2.5M	▲ 5.1%	Consumer Services
RAIL3	Rumo SA	2.9%	R$1.2M	AddedR$293.9K	▲ 32.6%	Transportation
CPLE6	–	2.8%	R$1.2M	Held	–	Other
PETR3	Petroleo Brasileiro SA	2.8%	R$1.2M	Trimmed−R$25.8K	▲ 92.1%	Energy Minerals
ISAE4	Isa Energia Brasil SA	2.8%	R$1.2M	New	▲ 25.4%	Utilities
HAPV3	Hapvida Participacoes e Investimentos SA	2.7%	R$1.1M	New	▼ 77.1%	Health Services
CURY3	Cury Construtora e Incorporadora SA	2.6%	R$1.1M	Trimmed−R$614.9K	▼ 4.1%	Finance
PRIO3	Prio SA	2.6%	R$1.1M	Trimmed−R$446.9K	▲ 88.1%	Energy Minerals
AURA33	Aura Minerals Inc	2.6%	R$1.1M	New	▲ 167.5%	BDR
SBSP3	Companhia de Saneamento Basico do Estado de Sao Paulo SABESP	2.0%	R$869.7K	Trimmed−R$1.3M	▲ 37.0%	Utilities
B3SA3	B3 SA - Brasil, Bolsa, Balcao	2.0%	R$845.0K	AddedR$842.4K	▲ 82.7%	Finance
CEAB3	C&A Modas SA	2.0%	R$835.0K	New	▼ 15.1%	Retail Trade
ELET3	–	1.6%	R$680.5K	AddedR$585.7K	–	Other
DIRR3	Direcional Engenharia S.A.	1.6%	R$662.8K	New	▼ 26.1%	Finance
EMBR3	–	1.5%	R$624.8K	Trimmed−R$1.6M	–	Other
RENT3	Localiza Rent A Car SA	1.2%	R$523.3K	AddedR$146.9K	▲ 53.2%	Finance
CPLE3	Companhia Paranaense de Energia	1.2%	R$513.1K	AddedR$395.4K	▲ 57.6%	Utilities
BRFS3	–	1.2%	R$511.6K	New	–	Other
VALE3	Vale S.A.	1.2%	R$495.3K	Trimmed−R$1.3M	▲ 17.8%	Non-Energy Minerals
BBDC4	Banco Bradesco SA	0.4%	R$185.1K	New	▲ 22.9%	Finance
BRAP4	Bradespar SA	0.4%	R$158.9K	Held	▲ 22.4%	Finance
MRFG3	–	0.3%	R$134.6K	Trimmed−R$865.1K	–	Other
ITUB4	Itau Unibanco Holding SA	0.1%	R$53.7K	Trimmed−R$1.6M	▲ 30.6%	Finance