NAGANO TOTAL RETURN
Ações Livre · CNPJ 34.793.111/0001-14 · benchmark OUTROS
Portfolio as of March 2026
AUM
R$219.7M
In stocks
R$191.1M
Stocks
34
YTD
▲ 25.3%
12 months
▲ 31.6%
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. February 2026
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 CPLE3 | Companhia Paranaense de Energia | 11.3% | R$21.5M | Trimmed−R$1.0M | ▲ 14.4% | Utilities |
 BBDC4 | Banco Bradesco SA | 8.5% | R$16.2M | AddedR$3.8M | ▲ 7.9% | Finance |
 PETR4 | Petroleo Brasileiro SA | 7.7% | R$14.8M | New | ▲ 19.6% | Energy Minerals |
 AXIA6 | – | 7.2% | R$13.8M | Held | – | Other |
 VBBR3 | Vibra Energia SA | 6.2% | R$11.8M | AddedR$3.5M | ▲ 16.0% | Retail Trade |
 ITSA4 | Itausa SA | 5.1% | R$9.8M | Held | ▲ 13.0% | Finance |
 AXIA7 | AXIA Energia SA | 5.0% | R$9.6M | AddedR$3.5M | ▲ 5.0% | Utilities |
 RENT3 | Localiza Rent A Car SA | 4.7% | R$9.1M | AddedR$4.8M | ▲ 12.5% | Finance |
 XPBR31 | XP Inc. | 4.4% | R$8.4M | Held | ▲ 62.5% | BDR |
 VALE3 | Vale S.A. | 4.2% | R$8.1M | New | ▼ 20.7% | Non-Energy Minerals |
 DXCO3 | Dexco SA | 3.6% | R$6.9M | AddedR$281.7K | ▲ 75.6% | Producer Manufacturing |
 NATU3 | Natura Cosmeticos SA | 3.2% | R$6.1M | AddedR$4.0M | ▼ 26.7% | Consumer Non-Durables |
 VLID3 | Valid Solucoes SA | 3.0% | R$5.7M | AddedR$816.1K | ▲ 0.2% | Commercial Services |
 IRBR3 | IRB Brasil Resseguros SA | 2.6% | R$5.0M | Trimmed−R$1.7M | ▲ 27.9% | Finance |
 CBAV3 | Companhia Brasileira de Aluminio | 2.6% | R$5.0M | Trimmed−R$849.9K | ▲ 7.3% | Non-Energy Minerals |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 2.3% | R$4.5M | Held | ▲ 19.3% | Finance |
 SUZB3 | Suzano S.A. | 2.2% | R$4.3M | Held | ▼ 18.3% | Process Industries |
 VIVA3 | Vivara Participacoes SA | 2.1% | R$3.9M | Trimmed−R$3.2M | ▲ 6.6% | Consumer Durables |
 TGMA3 | Tegma Gestao Logistica S.A. | 2.0% | R$3.8M | New | ▲ 61.2% | Transportation |
 LAVV3 | LAVVI Empreendimentos Imobiliarios SA | 1.8% | R$3.5M | New | ▲ 9.5% | Finance |
 DIRR3 | Direcional Engenharia S.A. | 1.4% | R$2.8M | AddedR$993.5K | ▼ 14.1% | Finance |
 ODPV3 | – | 1.4% | R$2.7M | Trimmed−R$324.4K | – | Other |
 NVDC34 | NVIDIA Corporation | 1.2% | R$2.3M | AddedR$766.6K | ▲ 20.3% | BDR |
 RDOR3 | Rede D'Or Sao Luiz SA | 1.2% | R$2.2M | New | ▲ 13.1% | Health Services |
 PRIO3 | Prio SA | 1.1% | R$2.1M | Trimmed−R$5.4M | ▲ 7.6% | Energy Minerals |
 ALPA4 | Alpargatas SA | 0.9% | R$1.7M | New | ▲ 44.7% | Consumer Non-Durables |
 CURY3 | Cury Construtora e Incorporadora SA | 0.8% | R$1.5M | New | ▼ 7.4% | Finance |
 M1TA34 | Meta Platforms Inc | 0.7% | R$1.3M | Held | ▲ 18.3% | BDR |
 MSFT34 | Microsoft Corp | 0.6% | R$1.2M | Held | ▲ 38.3% | BDR |
 POMO4 | Marcopolo SA | 0.3% | R$508.4K | Held | ▼ 20.2% | Producer Manufacturing |
 PGMN3 | Empreendimentos Pague Menos SA | 0.2% | R$353.3K | New | ▼ 8.2% | Retail Trade |
 RAIL3 | Rumo SA | 0.2% | R$334.8K | Trimmed−R$731.3K | ▲ 18.8% | Transportation |
 CEAB3 | C&A Modas SA | 0.1% | R$248.7K | Trimmed−R$5.5M | ▲ 17.9% | Retail Trade |
 TUPY3 | Tupy S.A. | 0.0% | R$65.0K | New | ▲ 51.6% | Producer Manufacturing |
Short positions
Borrowed shares the fund has to return
