MOAT CAPITAL EQUITY HEDGE MASTER
Multimercados L/S - Direcional · CNPJ 24.119.428/0001-16 · benchmark DI de um dia
Portfolio as of June 2025
AUM
R$87.1M
In stocks
R$231.1M
Stocks
88
YTD
▲ 8.7%
12 months
▲ 15.5%
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. April 2025
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 RAIL3 | Rumo SA | 10.2% | R$23.5M | AddedR$3.2M | ▲ 4.2% | Transportation |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 7.4% | R$17.2M | AddedR$4.1M | ▲ 40.9% | Utilities |
 BBDC3 | Banco Bradesco SA | 4.6% | R$10.5M | AddedR$8.3M | ▲ 25.6% | Finance |
 TIMS3 | TIM S.A. | 4.5% | R$10.4M | AddedR$8.9M | ▼ 13.7% | Communications |
 EQTL3 | Equatorial S.A. | 4.1% | R$9.4M | AddedR$1.4M | ▲ 37.9% | Utilities |
 VALE3 | Vale S.A. | 3.6% | R$8.2M | Trimmed−R$11.4M | ▲ 24.3% | Non-Energy Minerals |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 3.4% | R$7.9M | Trimmed−R$103.8M | ▼ 74.1% | Health Services |
 VIVT3 | Telefonica Brasil S.A. | 3.4% | R$7.9M | AddedR$694.7K | ▲ 4.2% | Communications |
 PRIO3 | Prio SA | 3.0% | R$7.0M | Trimmed−R$5.3M | ▲ 68.0% | Energy Minerals |
 SUZB3 | Suzano S.A. | 3.0% | R$6.9M | Trimmed−R$6.1M | ▼ 17.2% | Process Industries |
 GGBR4 | Gerdau S.A. | 3.0% | R$6.9M | AddedR$4.3M | ▲ 64.1% | Non-Energy Minerals |
 PETR4 | Petroleo Brasileiro SA | 2.9% | R$6.7M | AddedR$4.2M | ▲ 85.5% | Energy Minerals |
 RDOR3 | Rede D'Or Sao Luiz SA | 2.7% | R$6.3M | AddedR$5.7M | ▲ 24.5% | Health Services |
 PSSA3 | Porto Seguro S.A. | 2.1% | R$4.9M | AddedR$2.6M | ▼ 4.7% | Finance |
 ECOR3 | EcoRodovias Infraestrutura e Logistica S.A. | 1.8% | R$4.2M | AddedR$1.2M | ▲ 83.6% | Transportation |
 TOTS3 | TOTVS S.A. | 1.8% | R$4.2M | AddedR$2.9M | ▼ 0.3% | Technology Services |
 AZZA3 | Azzas 2154 SA | 1.7% | R$4.0M | Trimmed−R$7.4M | ▼ 36.8% | Consumer Non-Durables |
 VIVA3 | Vivara Participacoes SA | 1.7% | R$4.0M | Trimmed−R$10.9M | ▲ 2.2% | Consumer Durables |
 HYPE3 | Hypera S.A. | 1.7% | R$3.9M | Trimmed−R$4.8M | ▲ 0.2% | Health Technology |
 IGTI11 | Iguatemi SA | 1.4% | R$3.2M | New | ▲ 39.7% | Finance |
 POMO4 | Marcopolo SA | 1.4% | R$3.2M | AddedR$1.2M | ▼ 31.6% | Producer Manufacturing |
 USIM5 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 1.4% | R$3.2M | Held | ▲ 64.6% | Non-Energy Minerals |
 NTCO3 | – | 1.3% | R$3.0M | Trimmed−R$359.7K | – | Other |
 CPLE6 | – | 1.2% | R$2.9M | Trimmed−R$1.8M | – | Other |
 CURY3 | Cury Construtora e Incorporadora SA | 1.2% | R$2.8M | AddedR$2.7M | ▲ 10.9% | Finance |
 ANIM3 | Anima Holding SA | 1.1% | R$2.6M | AddedR$652.0K | ▲ 21.2% | Consumer Services |
 MRVE3 | MRV Engenharia e Participacoes S.A. | 1.1% | R$2.5M | AddedR$2.5M | ▲ 31.1% | Consumer Durables |
 DXCO3 | Dexco SA | 1.1% | R$2.5M | Trimmed−R$2.0M | ▲ 63.4% | Producer Manufacturing |
 BBAS3 | Banco do Brasil S.A. | 1.1% | R$2.5M | Trimmed−R$4.2M | ▲ 9.6% | Finance |
 ALOS3 | Allos S.A. | 1.1% | R$2.4M | Trimmed−R$1.1M | ▲ 57.1% | Finance |
 RENT3 | Localiza Rent A Car SA | 1.0% | R$2.3M | Trimmed−R$1.1M | ▲ 35.5% | Finance |
 ITUB4 | Itau Unibanco Holding SA | 1.0% | R$2.3M | Trimmed−R$9.9M | ▲ 36.0% | Finance |
 UGPA3 | Ultrapar Participacoes S.A. | 0.9% | R$2.1M | Trimmed−R$292.3K | ▲ 126.7% | Retail Trade |
 RAIZ4 | Raizen SA | 0.8% | R$1.9M | AddedR$1.8M | ▼ 75.2% | Retail Trade |
 AURE3 | Auren Energia SA | 0.7% | R$1.7M | New | ▲ 49.5% | Utilities |
 EMBR3 | – | 0.7% | R$1.6M | New | – | Other |
 NEOE3 | – | 0.7% | R$1.6M | New | – | Other |
 BBSE3 | BB Seguridade Participacoes SA | 0.7% | R$1.6M | AddedR$1.4M | ▲ 18.2% | Finance |
 BRAV3 | Brava Energia SA | 0.7% | R$1.6M | AddedR$997.0K | ▲ 20.5% | Energy Minerals |
 ALUP11 | Alupar Investimento SA | 0.7% | R$1.5M | AddedR$1.0M | ▲ 24.4% | Utilities |
 COGN3 | Cogna Educacao S.A. | 0.6% | R$1.5M | AddedR$1.2M | ▲ 27.2% | Commercial Services |
 YDUQ3 | YDUQS Participacoes SA | 0.6% | R$1.5M | AddedR$194.1K | ▼ 12.2% | Commercial Services |
 GMAT3 | Grupo Mateus SA | 0.6% | R$1.4M | New | ▼ 31.0% | Retail Trade |
 MDIA3 | M. Dias Branco SA Industria e Comercio de Alimentos | 0.6% | R$1.4M | AddedR$250.0K | ▼ 17.5% | Consumer Non-Durables |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 0.6% | R$1.3M | AddedR$189.5K | ▲ 3.3% | Consumer Services |
 ELET3 | – | 0.6% | R$1.3M | Trimmed−R$635.8K | – | Other |
 SMTO3 | Sao Martinho S.A. | 0.5% | R$1.3M | AddedR$490.2K | ▲ 21.1% | Process Industries |
 GGPS3 | GPS Participacoes e Empreendimentos SA | 0.4% | R$954.4K | New | ▲ 24.0% | Commercial Services |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.4% | R$946.3K | AddedR$860.2K | ▲ 56.6% | Finance |
 IRBR3 | IRB Brasil Resseguros SA | 0.4% | R$944.8K | AddedR$271.2K | ▲ 54.3% | Finance |
 EGIE3 | ENGIE Brasil Energia S.A. | 0.4% | R$901.3K | Trimmed−R$2.2M | ▼ 3.7% | Utilities |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 0.4% | R$826.7K | New | ▲ 47.9% | Transportation |
 ELET6 | – | 0.4% | R$823.1K | Trimmed−R$1.6M | – | Other |
 CMIN3 | CSN Mineracao SA | 0.3% | R$807.7K | Trimmed−R$113.1K | ▲ 0.8% | Non-Energy Minerals |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 0.3% | R$805.4K | Trimmed−R$4.9M | ▲ 62.6% | Finance |
 TTEN3 | Tres Tentos Agroindustrial SA | 0.3% | R$757.5K | AddedR$757.4K | ▼ 7.8% | Commercial Services |
 RAPT4 | Randoncorp S.A. | 0.3% | R$733.0K | New | ▼ 8.3% | Producer Manufacturing |
 LJQQ3 | Lojas Quero-Quero SA | 0.3% | R$688.8K | Trimmed−R$171.5K | ▲ 18.3% | Retail Trade |
 WEGE3 | WEG SA | 0.3% | R$672.6K | AddedR$629.8K | ▲ 14.0% | Producer Manufacturing |
 ODPV3 | – | 0.3% | R$667.4K | AddedR$414.3K | – | Other |
Short positions
Borrowed shares the fund has to return
TIMS3R$16.6MPETR4R$14.2MRAIL3R$14.0MMOTV3R$12.5MSBSP3R$10.4M
BBDC4R$9.7M
CSMG3R$7.8MRDOR3R$7.8M
CPFE3R$6.9MEQTL3R$6.6MBBSE3R$6.2M
BRAP4R$6.2MCPLE6R$5.8MCMIN3R$5.8M
JBSS32R$5.7M
KLBN11R$5.5MSMFT3R$4.9M
LREN3R$4.9MCYRE3R$4.6M
MULT3R$4.3MTOTS3R$4.2M
CSNA3R$4.1M
SANB11R$3.8MCOGN3R$3.8M
CXSE3R$3.8MPRIO3R$3.7M
TAEE11R$3.6MGGBR4R$3.2MRAIZ4R$3.2MODPV3R$3.0M