ITAÚ SMALL CAP MASTER
Ações Small Caps · CNPJ 30.419.172/0001-65 · benchmark OUTROS
Portfolio as of September 2026
AUM
R$313.5M
In stocks
R$214.6M
Stocks
107
YTD
▲ 17.8%
12 months
▲ 21.5%
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. July 2026
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 CSMG3 | Companhia de Saneamento de Minas Gerais | 5.4% | R$11.6M | Held | ▲ 12.9% | Utilities |
 ASAI3 | Sendas Distribuidora SA | 5.0% | R$10.8M | Trimmed−R$504.0K | ▲ 27.9% | Retail Trade |
 ALOS3 | Allos S.A. | 4.0% | R$8.7M | AddedR$479.6K | ▲ 21.1% | Finance |
 LREN3 | Lojas Renner S.A. | 3.9% | R$8.4M | AddedR$713.7K | ▲ 28.7% | Retail Trade |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 3.0% | R$6.4M | Held | ▲ 19.7% | Finance |
 GOAU4 | Metalurgica Gerdau SA | 2.8% | R$6.0M | Held | ▲ 9.0% | Non-Energy Minerals |
 TOTS3 | TOTVS S.A. | 2.6% | R$5.7M | Trimmed−R$252.2K | ▲ 25.8% | Technology Services |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 2.6% | R$5.6M | AddedR$533.6K | ▲ 46.1% | Consumer Services |
 FLRY3 | Fleury SA | 2.4% | R$5.1M | Held | ▲ 23.7% | Health Services |
 HYPE3 | Hypera S.A. | 2.3% | R$4.9M | Trimmed−R$976.5K | ▲ 11.3% | Health Technology |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 2.1% | R$4.6M | Trimmed−R$300.2K | ▲ 26.6% | Finance |
 MBRF3 | MBRF Global Foods Company S.A. | 1.9% | R$4.1M | AddedR$85.6K | ▲ 10.5% | Consumer Non-Durables |
 CSAN3 | Cosan S.A. | 1.8% | R$3.8M | AddedR$853.8K | ▲ 33.1% | Utilities |
 AURE3 | Auren Energia SA | 1.7% | R$3.7M | AddedR$913.0K | ▲ 16.7% | Utilities |
 GGPS3 | GPS Participacoes e Empreendimentos SA | 1.7% | R$3.6M | AddedR$455.9K | ▲ 30.2% | Commercial Services |
 MGLU3 | Magazine Luiza S.A. | 1.7% | R$3.6M | AddedR$1.8M | ▲ 82.0% | Retail Trade |
 BRAP4 | Bradespar SA | 1.6% | R$3.4M | Held | ▼ 0.9% | Finance |
 ECOR3 | EcoRodovias Infraestrutura e Logistica S.A. | 1.5% | R$3.2M | Trimmed−R$174.7K | ▲ 52.3% | Transportation |
 ISAE4 | Isa Energia Brasil SA | 1.4% | R$3.1M | Trimmed−R$150.9K | ▲ 5.5% | Utilities |
 BRAV3 | Brava Energia SA | 1.4% | R$3.0M | Trimmed−R$2.0M | ▲ 15.7% | Energy Minerals |
 CURY3 | Cury Construtora e Incorporadora SA | 1.4% | R$2.9M | AddedR$71.6K | ▲ 18.1% | Finance |
 COGN3 | Cogna Educacao S.A. | 1.3% | R$2.7M | Trimmed−R$874.4K | ▲ 40.1% | Commercial Services |
 IRBR3 | IRB Brasil Resseguros SA | 1.3% | R$2.7M | Trimmed−R$63.5K | ▲ 13.2% | Finance |
 TAEE11 | Transmissora Alianca De Energia Eletrica S.A. | 1.2% | R$2.7M | Trimmed−R$250.9K | ▲ 9.7% | Industrial Services |
 YDUQ3 | YDUQS Participacoes SA | 1.2% | R$2.7M | Trimmed−R$227.5K | ▲ 30.0% | Commercial Services |
 VAMO3 | Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA | 1.2% | R$2.7M | Trimmed−R$76.3K | ▲ 54.4% | Finance |
 ORVR3 | Orizon Valorizacao de Residuos SA | 1.2% | R$2.5M | Trimmed−R$814.8K | ▲ 18.3% | Utilities |
 ENGI11 | Energisa SA | 1.2% | R$2.5M | AddedR$317.9K | ▲ 27.4% | Utilities |
 SLCE3 | SLC Agricola S.A. | 1.2% | R$2.5M | Held | ▲ 1.6% | Process Industries |
 CEAB3 | C&A Modas SA | 1.2% | R$2.5M | AddedR$305.2K | ▲ 42.3% | Retail Trade |
 NATU3 | Natura Cosmeticos SA | 1.2% | R$2.5M | AddedR$609.8K | ▲ 13.3% | Consumer Non-Durables |
 AZZA3 | Azzas 2154 SA | 1.2% | R$2.5M | AddedR$1.1M | ▲ 56.3% | Consumer Non-Durables |
 USIM5 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 1.1% | R$2.4M | AddedR$106.3K | ▼ 3.3% | Non-Energy Minerals |
 MOVI3 | Movida Participacoes SA | 1.1% | R$2.4M | AddedR$502.3K | ▲ 99.6% | Finance |
 SIMH3 | Simpar SA | 1.1% | R$2.3M | AddedR$1.9M | ▲ 73.4% | Transportation |
 SMTO3 | Sao Martinho S.A. | 1.1% | R$2.3M | AddedR$692.3K | ▲ 19.8% | Process Industries |
 CSNA3 | Companhia Siderurgica Nacional | 1.0% | R$2.2M | Trimmed−R$225.3K | ▲ 4.2% | Non-Energy Minerals |
 DIRR3 | Direcional Engenharia S.A. | 1.0% | R$2.2M | Held | ▲ 13.0% | Finance |
 BRSR6 | Banco do Estado do Rio Grande do Sul SA | 1.0% | R$2.1M | Held | ▲ 14.3% | Finance |
 JHSF3 | JHSF Participacoes S.A. | 1.0% | R$2.1M | Trimmed−R$1.5M | ▲ 21.0% | Finance |
 POMO4 | Marcopolo SA | 0.9% | R$2.0M | Held | ▲ 18.4% | Producer Manufacturing |
 BEEF3 | Minerva S.A. | 0.9% | R$2.0M | Trimmed−R$338.2K | ▲ 9.9% | Distribution Services |
 TEND3 | Construtora Tenda SA | 0.9% | R$1.9M | AddedR$51.4K | ▲ 5.9% | Finance |
 VIVA3 | Vivara Participacoes SA | 0.9% | R$1.9M | Held | ▲ 17.1% | Consumer Durables |
 UNIP6 | Unipar Carbocloro SA | 0.9% | R$1.9M | Trimmed−R$44.4K | ▲ 10.1% | Process Industries |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.8% | R$1.8M | AddedR$611.7K | ▲ 43.2% | Health Services |
 INBR32 | Inter & Co., Inc. | 0.8% | R$1.8M | Held | ▲ 20.3% | BDR |
 DASA3 | Diagnosticos da America S.A. | 0.8% | R$1.7M | AddedR$1.5M | ▲ 40.3% | Health Services |
 AUAU3 | Uniao Pet Participacoes SA | 0.8% | R$1.7M | AddedR$994.7K | ▲ 19.3% | Process Industries |
 GMAT3 | Grupo Mateus SA | 0.7% | R$1.5M | Trimmed−R$63.1K | ▲ 11.0% | Retail Trade |
 CBAV3 | Companhia Brasileira de Aluminio | 0.7% | R$1.5M | Held | ▲ 0.4% | Non-Energy Minerals |
 ANIM3 | Anima Holding SA | 0.7% | R$1.5M | AddedR$41.7K | ▲ 71.9% | Consumer Services |
 ABCB4 | Banco ABC Brasil SA Conv | 0.7% | R$1.4M | Trimmed−R$52.8K | ▲ 15.3% | Finance |
 RECV3 | Petroreconcavo SA | 0.7% | R$1.4M | Held | ▲ 19.4% | Energy Minerals |
 ARML3 | Armac Locacao Logistica e Servicos SA | 0.6% | R$1.3M | AddedR$88.2K | ▲ 62.2% | Finance |
 LEVE3 | Mahle-Metal Leve S.A. | 0.6% | R$1.3M | AddedR$44.9K | ▲ 13.7% | Producer Manufacturing |
 BMOB3 | Bemobi Mobile Tech SA | 0.5% | R$1.2M | Trimmed−R$38.2K | ▲ 18.9% | Technology Services |
 SOJA3 | Boa Safra Sementes SA | 0.5% | R$1.1M | AddedR$997.3K | ▲ 10.2% | Process Industries |
 MDNE3 | Moura Dubeux Engenharia SA | 0.5% | R$1.1M | AddedR$42.4K | ▲ 18.9% | Finance |
 EZTC3 | EZ TEC Empreendimentos e Participacoes SA | 0.5% | R$1.1M | Held | ▲ 35.6% | Finance |
