HEDGE ALTERNATIVE INVESTMENTS MASTER
Multimercados Livre · CNPJ 35.377.516/0001-34 · benchmark DI de um dia
Portfolio as of December 2025
AUM
R$601.1M
In stocks
R$15.9M
Stocks
6
YTD
▲ 9.1%
12 months
▲ 17.5%
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. November 2025
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 AGRO3 | BrasilAgro Cia Brasileira de Propriedades Agricolas | 31.4% | R$5.0M | Held | ▼ 6.5% | Finance |
 ITUB4 | Itau Unibanco Holding SA | 28.0% | R$4.4M | AddedR$129.5K | ▲ 24.4% | Finance |
 ITSA4 | Itausa SA | 23.7% | R$3.8M | AddedR$73.6K | ▲ 35.3% | Finance |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 9.3% | R$1.5M | Held | ▼ 35.2% | Health Services |
 CSAN3 | Cosan S.A. | 6.1% | R$964.0K | Held | ▼ 0.9% | Utilities |
 LPSB3 | LPS Brasil-Consultoria de Imoveis SA | 1.5% | R$243.6K | Held | ▼ 8.6% | Commercial Services |