ITAÚ HUNTER TOTAL RETURN MULTIMERCADO
Multimercados Livre · CNPJ 37.347.996/0001-16 · benchmark OUTROS
Portfolio as of December 2025
AUM
R$1.1B
In stocks
R$557.2M
Stocks
48
YTD
▲ 20.1%
12 months
▲ 25.2%
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 |
|---|---|---|---|---|---|---|
 VALE3 | Vale S.A. | 12.0% | R$66.6M | Trimmed−R$1.6M | ▼ 9.1% | Non-Energy Minerals |
 ITUB4 | Itau Unibanco Holding SA | 8.4% | R$47.0M | AddedR$20.0M | ▲ 24.4% | Finance |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 5.5% | R$30.5M | AddedR$13.6M | ▲ 22.2% | Utilities |
 PETR4 | Petroleo Brasileiro SA | 5.3% | R$29.6M | Trimmed−R$20.9M | ▲ 88.9% | Energy Minerals |
 AXIA3 | AXIA Energia SA | 4.5% | R$24.9M | Held | ▲ 17.1% | Utilities |
 WEGE3 | WEG SA | 4.3% | R$23.9M | AddedR$7.8M | ▲ 0.6% | Producer Manufacturing |
 BBDC4 | Banco Bradesco SA | 4.0% | R$22.5M | Held | ▲ 13.7% | Finance |
 RDOR3 | Rede D'Or Sao Luiz SA | 4.0% | R$22.3M | AddedR$3.5M | ▲ 8.6% | Health Services |
 RENT3 | Localiza Rent A Car SA | 4.0% | R$22.0M | AddedR$4.4M | ▲ 21.3% | Finance |
 EMBJ3 | Embraer S.A. | 3.6% | R$20.1M | Trimmed−R$14.5M | ▲ 2.5% | Electronic Technology |
 PETR3 | Petroleo Brasileiro SA | 3.4% | R$18.8M | AddedR$833.8K | ▲ 99.1% | Energy Minerals |
 ITSA4 | Itausa SA | 3.1% | R$17.5M | Trimmed−R$29.3M | ▲ 35.3% | Finance |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 3.0% | R$16.6M | Trimmed−R$2.9M | ▲ 70.7% | Finance |
 TOTS3 | TOTVS S.A. | 2.9% | R$16.1M | AddedR$11.2M | ▼ 0.0% | Technology Services |
 EQTL3 | Equatorial S.A. | 2.8% | R$15.4M | AddedR$1.2M | ▲ 28.8% | Utilities |
 CPLE3 | Companhia Paranaense de Energia | 2.7% | R$15.0M | AddedR$10.2M | ▲ 34.9% | Utilities |
 RADL3 | Raia Drogasil S.A. | 2.5% | R$13.8M | Trimmed−R$1.7M | ▼ 7.8% | Retail Trade |
 ENEV3 | Eneva S.A. | 2.4% | R$13.5M | AddedR$901.8K | ▲ 58.6% | Utilities |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 2.4% | R$13.2M | AddedR$10.1M | ▲ 35.5% | Transportation |
 VBBR3 | Vibra Energia SA | 2.4% | R$13.1M | Trimmed−R$7.8M | ▲ 44.8% | Retail Trade |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 2.3% | R$13.1M | AddedR$5.0M | ▲ 10.1% | Consumer Services |
 BBAS3 | Banco do Brasil S.A. | 1.7% | R$9.5M | Trimmed−R$2.8M | ▲ 10.4% | Finance |
 TIMS3 | TIM S.A. | 1.4% | R$7.7M | AddedR$3.8M | ▼ 10.8% | Communications |
 SUZB3 | Suzano S.A. | 1.3% | R$7.5M | Trimmed−R$24.8M | ▼ 17.6% | Process Industries |
 PRIO3 | Prio SA | 1.2% | R$6.9M | Trimmed−R$5.4M | ▲ 72.0% | Energy Minerals |
 AXIA7 | AXIA Energia SA | 1.2% | R$6.7M | New | ▲ 21.1% | Utilities |
 GGBR4 | Gerdau S.A. | 1.1% | R$6.2M | Trimmed−R$4.5M | ▲ 28.7% | Non-Energy Minerals |
 BBDC3 | Banco Bradesco SA | 1.0% | R$5.8M | AddedR$1.6M | ▲ 16.9% | Finance |
 CSAN3 | Cosan S.A. | 0.8% | R$4.5M | Trimmed−R$127.7K | ▼ 0.9% | Utilities |
 VIVT3 | Telefonica Brasil S.A. | 0.6% | R$3.4M | Held | ▼ 2.7% | Communications |
 RAIL3 | Rumo SA | 0.6% | R$3.3M | Trimmed−R$95.9K | ▲ 30.8% | Transportation |
 LREN3 | Lojas Renner S.A. | 0.6% | R$3.3M | AddedR$3.3M | ▲ 11.0% | Retail Trade |
 GGPS3 | GPS Participacoes e Empreendimentos SA | 0.4% | R$2.1M | Trimmed−R$8.6M | ▲ 1.1% | Commercial Services |
 NATU3 | Natura Cosmeticos SA | 0.4% | R$2.1M | AddedR$1.1M | ▲ 2.7% | Consumer Non-Durables |
 MBRF3 | MBRF Global Foods Company S.A. | 0.4% | R$2.1M | Trimmed−R$57.9K | ▼ 7.2% | Consumer Non-Durables |
 AXIA6 | – | 0.4% | R$2.0M | Trimmed−R$52.4K | – | Other |
 FLRY3 | Fleury SA | 0.3% | R$1.9M | Trimmed−R$8.5M | ▲ 88.0% | Health Services |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.3% | R$1.5M | Trimmed−R$41.4K | ▲ 5.6% | Utilities |
 POMO4 | Marcopolo SA | 0.2% | R$1.2M | Trimmed−R$3.6M | ▼ 17.1% | Producer Manufacturing |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.2% | R$974.3K | Trimmed−R$26.5K | ▼ 35.2% | Health Services |
 HYPE3 | Hypera S.A. | 0.1% | R$805.4K | Trimmed−R$21.2K | ▲ 15.7% | Health Technology |
 RENT4 | Localiza Rent A Car SA | 0.1% | R$525.9K | New | ▲ 23.8% | Finance |
 CEAB3 | C&A Modas SA | 0.1% | R$522.7K | New | ▲ 11.8% | Retail Trade |
 JBSS32 | JBS N.V. | 0.1% | R$448.0K | Held | ▼ 18.8% | BDR |
 USIM5 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 0.1% | R$307.5K | Trimmed−R$7.7K | ▲ 13.9% | Non-Energy Minerals |
 ABEV3 | Ambev SA | 0.0% | R$223.0K | AddedR$123.3K | ▲ 21.6% | Consumer Non-Durables |
 ALOS3 | Allos S.A. | 0.0% | R$40.5K | Trimmed−R$2.8M | ▲ 25.8% | Finance |
 BBSE3 | BB Seguridade Participacoes SA | 0.0% | R$1.9K | Trimmed−R$9.9M | ▲ 17.0% | Finance |
Exited this month
Short positions
Borrowed shares the fund has to return
