ACE CAPITAL MASTER
Multimercados Macro · CNPJ 34.687.549/0001-18 · benchmark DI de um dia
Portfolio as of February 2026
AUM
R$540.4M
In stocks
R$129.9M
Stocks
54
YTD
▲ 15.2%
12 months
▲ 18.7%
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. January 2026
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 ITSA4 | Itausa SA | 12.6% | R$16.4M | Trimmed−R$2.6M | ▲ 10.7% | Finance |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 9.1% | R$11.8M | AddedR$1.2M | ▲ 5.9% | Utilities |
 AXIA6 | – | 7.5% | R$9.8M | Trimmed−R$370.3K | – | Other |
 BEEF3 | Minerva S.A. | 6.6% | R$8.6M | Trimmed−R$1.3M | ▼ 17.0% | Distribution Services |
 PETR4 | Petroleo Brasileiro SA | 5.4% | R$7.1M | AddedR$2.5M | ▲ 48.0% | Energy Minerals |
 BBDC3 | Banco Bradesco SA | 5.1% | R$6.7M | Trimmed−R$613.9K | ▼ 0.8% | Finance |
 CPLE3 | Companhia Paranaense de Energia | 4.4% | R$5.7M | AddedR$406.7K | ▲ 20.4% | Utilities |
 RDOR3 | Rede D'Or Sao Luiz SA | 3.3% | R$4.3M | AddedR$422.3K | ▲ 9.4% | Health Services |
 PRIO3 | Prio SA | 3.1% | R$4.0M | AddedR$131.9K | ▲ 30.8% | Energy Minerals |
 VALE3 | Vale S.A. | 2.9% | R$3.7M | Trimmed−R$1.7M | ▼ 26.0% | Non-Energy Minerals |
 BRAP4 | Bradespar SA | 2.6% | R$3.4M | New | ▼ 19.3% | Finance |
 ECOR3 | EcoRodovias Infraestrutura e Logistica S.A. | 2.5% | R$3.3M | AddedR$988.5K | ▲ 28.4% | Transportation |
 TEND3 | Construtora Tenda SA | 2.4% | R$3.1M | AddedR$245.1K | ▼ 5.5% | Finance |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 2.3% | R$2.9M | AddedR$232.8K | ▲ 12.0% | Finance |
 EMBJ3 | Embraer S.A. | 2.3% | R$2.9M | AddedR$1.6M | ▼ 1.7% | Electronic Technology |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 2.0% | R$2.6M | New | ▲ 16.2% | Utilities |
 RADL3 | Raia Drogasil S.A. | 1.9% | R$2.4M | AddedR$516.4K | ▼ 13.8% | Retail Trade |
 BBAS3 | Banco do Brasil S.A. | 1.6% | R$2.1M | Trimmed−R$218.9K | ▼ 10.2% | Finance |
 LWSA3 | LWSA S.A. | 1.6% | R$2.0M | AddedR$502.9K | ▲ 55.2% | Technology Services |
 RENT3 | Localiza Rent A Car SA | 1.5% | R$2.0M | Trimmed−R$68.8K | ▲ 4.1% | Finance |
 CBAV3 | Companhia Brasileira de Aluminio | 1.5% | R$1.9M | New | ▲ 11.0% | Non-Energy Minerals |
 MRVE3 | MRV Engenharia e Participacoes S.A. | 1.4% | R$1.9M | Trimmed−R$124.9K | ▼ 18.5% | Consumer Durables |
 WEGE3 | WEG SA | 1.2% | R$1.6M | Trimmed−R$270.6K | ▼ 1.8% | Producer Manufacturing |
 PGMN3 | Empreendimentos Pague Menos SA | 1.1% | R$1.5M | Trimmed−R$259.6K | ▼ 18.2% | Retail Trade |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 1.1% | R$1.5M | AddedR$177.9K | ▲ 32.5% | Finance |
 PRNR3 | Priner Servicos Industriais SA | 1.1% | R$1.4M | Trimmed−R$846.1K | ▼ 5.1% | Industrial Services |
 EZTC3 | EZ TEC Empreendimentos e Participacoes SA | 0.9% | R$1.2M | Trimmed−R$79.0K | ▲ 20.3% | Finance |
 RAPT4 | Randoncorp S.A. | 0.9% | R$1.1M | Trimmed−R$123.8K | ▲ 23.0% | Producer Manufacturing |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 0.9% | R$1.1M | AddedR$161.8K | ▲ 7.8% | Finance |
 SUZB3 | Suzano S.A. | 0.8% | R$1.1M | Trimmed−R$69.6K | ▼ 26.9% | Process Industries |
 ITUB3 | Itau Unibanco Holding S.A. | 0.8% | R$1.0M | Trimmed−R$61.0K | ▲ 21.2% | Finance |
 LREN3 | Lojas Renner S.A. | 0.8% | R$1.0M | Trimmed−R$67.0K | ▼ 4.2% | Retail Trade |
 BBDC4 | Banco Bradesco SA | 0.7% | R$894.6K | Trimmed−R$416.7K | ▼ 2.2% | Finance |
 ITUB4 | Itau Unibanco Holding SA | 0.7% | R$853.8K | AddedR$835.1K | ▲ 4.3% | Finance |
 VBBR3 | Vibra Energia SA | 0.7% | R$849.8K | Trimmed−R$56.8K | ▲ 22.6% | Retail Trade |
 XPBR31 | XP Inc. | 0.6% | R$758.4K | Held | ▲ 42.9% | BDR |
 EQTL3 | Equatorial S.A. | 0.6% | R$751.1K | Trimmed−R$50.5K | ▲ 17.7% | Utilities |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 0.5% | R$700.7K | Trimmed−R$25.9K | ▲ 27.0% | Consumer Services |
 VIVT3 | Telefonica Brasil S.A. | 0.5% | R$632.1K | Trimmed−R$38.9K | ▼ 25.5% | Communications |
 NEOE3 | – | 0.4% | R$460.7K | Trimmed−R$29.6K | – | Other |
 VIVA3 | Vivara Participacoes SA | 0.3% | R$443.9K | Trimmed−R$37.2K | ▼ 11.3% | Consumer Durables |
 AXIA7 | AXIA Energia SA | 0.3% | R$428.3K | Trimmed−R$28.6K | ▲ 0.7% | Utilities |
 SIMH3 | Simpar SA | 0.3% | R$398.1K | Trimmed−R$27.2K | ▲ 32.0% | Transportation |
 PNVL3 | Dimed S.A. Distribuidora de Medicamentos | 0.3% | R$396.0K | Trimmed−R$27.5K | ▼ 1.0% | Retail Trade |
 MATD3 | Hospital Mater Dei SA | 0.3% | R$395.2K | Trimmed−R$26.8K | ▲ 6.7% | Health Services |
 NATU3 | Natura Cosmeticos SA | 0.3% | R$375.5K | Trimmed−R$25.5K | ▼ 16.0% | Consumer Non-Durables |
 MGLU3 | Magazine Luiza S.A. | 0.2% | R$321.6K | Trimmed−R$353.9K | ▲ 45.2% | Retail Trade |
 RENT4 | Localiza Rent A Car SA | 0.2% | R$206.2K | Trimmed−R$14.9K | ▲ 5.3% | Finance |
 WEST3 | Westwing Comercio Varejista SA | 0.0% | R$43.1K | Trimmed−R$3.1K | ▲ 64.9% | Retail Trade |
 ABEV3 | Ambev SA | 0.0% | R$19.5K | AddedR$5.8K | ▲ 3.6% | Consumer Non-Durables |
 MELI34 | MercadoLibre, Inc. | 0.0% | R$2.0K | New | ▲ 4.9% | BDR |
 PETR3 | Petroleo Brasileiro SA | 0.0% | R$1.5K | Held | ▲ 51.8% | Energy Minerals |
 ROXO34 | Nu Holdings Ltd. | 0.0% | R$409.6 | New | ▼ 0.5% | BDR |
 VAMO3 | Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA | 0.0% | R$118.8 | Held | ▲ 50.9% | Finance |
Exited this month
Short positions
Borrowed shares the fund has to return
