KAPITALO K10 MASTER
Multimercados Macro · CNPJ 29.726.117/0001-39 · benchmark Não se aplica
Portfolio as of May 2026
AUM
R$6.4B
In stocks
R$925.5M
Stocks
75
YTD
▲ 6.7%
12 months
▲ 11.4%
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. April 2026
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 PETR4 | Petroleo Brasileiro SA | 39.0% | R$361.0M | AddedR$209.2M | ▲ 38.6% | Energy Minerals |
 AURA33 | Aura Minerals Inc | 22.5% | R$208.4M | Held | ▲ 7.6% | BDR |
 RDOR3 | Rede D'Or Sao Luiz SA | 8.3% | R$76.4M | AddedR$7.7M | ▲ 29.6% | Health Services |
 BBDC4 | Banco Bradesco SA | 8.0% | R$74.4M | AddedR$3.9M | ▲ 16.8% | Finance |
 RENT3 | Localiza Rent A Car SA | 4.8% | R$44.0M | AddedR$10.1M | ▲ 25.8% | Finance |
 HYPE3 | Hypera S.A. | 3.1% | R$28.2M | AddedR$10.0M | ▲ 24.4% | Health Technology |
 LREN3 | Lojas Renner S.A. | 2.8% | R$26.0M | Trimmed−R$18.4M | ▲ 0.2% | Retail Trade |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 2.8% | R$25.9M | AddedR$946.5K | ▲ 43.7% | Finance |
 SUZB3 | Suzano S.A. | 2.5% | R$22.8M | Trimmed−R$2.0M | ▲ 1.2% | Process Industries |
 ITUB4 | Itau Unibanco Holding SA | 2.4% | R$22.6M | AddedR$21.6M | ▲ 21.9% | Finance |
 ABEV3 | Ambev SA | 1.2% | R$10.7M | Trimmed−R$264.3K | ▲ 3.2% | Consumer Non-Durables |
 RADL3 | Raia Drogasil S.A. | 1.1% | R$10.1M | AddedR$1.6M | ▲ 15.6% | Retail Trade |
 XPBR31 | XP Inc. | 0.5% | R$4.9M | Held | ▲ 88.5% | BDR |
 USIM5 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 0.5% | R$4.4M | AddedR$4.3M | ▼ 38.8% | Non-Energy Minerals |
 CXSE3 | Caixa Seguridade Participacoes SA | 0.3% | R$2.5M | Held | ▲ 20.2% | Finance |
 SAUD3 | Bradsaude SA | 0.2% | R$2.0M | New | ▲ 15.6% | Health Services |
 VIVT3 | Telefonica Brasil S.A. | 0.1% | R$649.1K | Held | ▼ 4.8% | Communications |
 RENT4 | Localiza Rent A Car SA | 0.0% | R$214.1K | Trimmed−R$84.6K | ▲ 26.9% | Finance |
 TOTS3 | TOTVS S.A. | 0.0% | R$172.0K | AddedR$85.2K | ▲ 27.2% | Technology Services |
 IRBR3 | IRB Brasil Resseguros SA | 0.0% | R$3.5K | Trimmed−R$7.9K | ▲ 35.3% | Finance |
 AXIA7 | AXIA Energia SA | 0.0% | R$2.9K | Held | ▲ 18.1% | Utilities |
 CYRE4 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.0% | R$1.8K | Trimmed−R$10.5K | ▲ 59.5% | Finance |
 PRIO3 | Prio SA | 0.0% | R$62.25 | New | ▲ 14.5% | Energy Minerals |
 AXIA6 | – | 0.0% | R$56.93 | Trimmed−R$92.2K | – | Other |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 0.0% | R$52.71 | Trimmed−R$50.1K | ▲ 20.6% | Utilities |
 AXIA3 | AXIA Energia SA | 0.0% | R$52.43 | Trimmed−R$491.7K | ▲ 13.0% | Utilities |
 PSSA3 | Porto Seguro S.A. | 0.0% | R$48.31 | Trimmed−R$38.7K | ▲ 8.9% | Finance |
 WEGE3 | WEG SA | 0.0% | R$44.1 | Trimmed−R$324.4K | ▲ 10.6% | Producer Manufacturing |
 CPFE3 | CPFL Energia S.A. | 0.0% | R$43.39 | Trimmed−R$39.5K | ▲ 15.4% | Utilities |
 EQTL3 | Equatorial S.A. | 0.0% | R$38.55 | Trimmed−R$237.9K | ▲ 28.6% | Utilities |
 BBSE3 | BB Seguridade Participacoes SA | 0.0% | R$35.4 | Trimmed−R$106.0K | ▲ 19.5% | Finance |
 EGIE3 | ENGIE Brasil Energia S.A. | 0.0% | R$33.1 | Trimmed−R$56.1K | ▼ 5.6% | Utilities |
 CURY3 | Cury Construtora e Incorporadora SA | 0.0% | R$31.73 | Trimmed−R$48.2K | ▲ 3.2% | Finance |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 0.0% | R$29.79 | Trimmed−R$45.4K | ▲ 27.4% | Finance |
 VBBR3 | Vibra Energia SA | 0.0% | R$29.75 | Trimmed−R$175.0K | ▲ 23.3% | Retail Trade |
 ALOS3 | Allos S.A. | 0.0% | R$28.21 | Trimmed−R$65.8K | ▲ 26.6% | Finance |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 0.0% | R$27.95 | Trimmed−R$403.4K | ▲ 16.4% | Utilities |
 ISAE4 | Isa Energia Brasil SA | 0.0% | R$27.03 | Trimmed−R$63.9K | ▲ 7.7% | Utilities |
 UGPA3 | Ultrapar Participacoes S.A. | 0.0% | R$25.87 | Trimmed−R$136.4K | ▲ 53.7% | Retail Trade |
 ENEV3 | Eneva S.A. | 0.0% | R$25.63 | Trimmed−R$254.0K | ▲ 24.9% | Utilities |
 BRAP4 | Bradespar SA | 0.0% | R$23.25 | Trimmed−R$48.0K | ▼ 13.8% | Finance |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.0% | R$22.52 | Trimmed−R$31.6K | ▲ 52.8% | Finance |
 TIMS3 | TIM S.A. | 0.0% | R$21.9 | Trimmed−R$80.2K | ▼ 13.1% | Communications |
 VIVA3 | Vivara Participacoes SA | 0.0% | R$21.84 | Trimmed−R$24.9K | ▲ 26.5% | Consumer Durables |
 BBAS3 | Banco do Brasil S.A. | 0.0% | R$20.3 | Trimmed−R$288.1K | ▲ 19.2% | Finance |
 BRAV3 | Brava Energia SA | 0.0% | R$20.25 | Trimmed−R$46.6K | ▲ 3.6% | Energy Minerals |
 AZZA3 | Azzas 2154 SA | 0.0% | R$19.31 | Trimmed−R$10.3K | ▲ 40.7% | Consumer Non-Durables |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 0.0% | R$18.53 | Trimmed−R$78.9K | ▲ 38.4% | Consumer Services |
 MBRF3 | MBRF Global Foods Company S.A. | 0.0% | R$16.01 | Trimmed−R$258.9K | ▲ 15.8% | Consumer Non-Durables |
 SLCE3 | SLC Agricola S.A. | 0.0% | R$15.5 | Trimmed−R$15.9K | ▲ 10.2% | Process Industries |
 BBDC3 | Banco Bradesco SA | 0.0% | R$15.5 | Trimmed−R$119.3K | ▲ 17.6% | Finance |
 FLRY3 | Fleury SA | 0.0% | R$15.39 | Trimmed−R$32.7K | ▲ 83.2% | Health Services |
 CPLE3 | Companhia Paranaense de Energia | 0.0% | R$14.56 | Trimmed−R$215.8K | ▲ 21.2% | Utilities |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 0.0% | R$14.11 | Trimmed−R$69.4K | ▲ 44.6% | Transportation |
 RAIL3 | Rumo SA | 0.0% | R$13.72 | Trimmed−R$82.7K | ▲ 40.7% | Transportation |
 DIRR3 | Direcional Engenharia S.A. | 0.0% | R$13.4 | Trimmed−R$20.8K | ▼ 14.8% | Finance |
 ITSA4 | Itausa SA | 0.0% | R$12.92 | Trimmed−R$386.2K | ▲ 22.3% | Finance |
 AURE3 | Auren Energia SA | 0.0% | R$12.37 | Trimmed−R$18.1K | ▲ 22.9% | Utilities |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.0% | R$12.15 | Trimmed−R$14.7K | ▼ 21.4% | Health Services |
 CEAB3 | C&A Modas SA | 0.0% | R$11.58 | Trimmed−R$10.2K | ▲ 23.2% | Retail Trade |
Exited this month
Short positions
Borrowed shares the fund has to return
PETR4R$42.3MUSIM5R$31.9MITUB4R$25.8MRDOR3R$24.6MBBDC4R$15.3M
GGBR4R$12.4MABEV3R$11.8MRADL3R$10.5MRENT3R$5.8MHYPE3R$5.4M
VALE3R$4.6MCXSE3R$2.7M
PETR3R$1.6MAXIA3R$1.5MB3SA3R$1.3MFLRY3R$1.3MSBSP3R$1.3MITSA4R$1.2MWEGE3R$1.0MVIVT3R$1.0MBBAS3R$911.0K
EMBJ3R$833.2KENEV3R$775.6KEQTL3R$761.5KPRIO3R$750.1KCPLE3R$682.6KVBBR3R$561.9KUGPA3R$439.3KSUZB3R$407.9KBBDC3R$359.6K