ITAÚ ABSOLUTE VERTEX PREV

Previdência Multimercado Livre · CNPJ 40.023.580/0001-57 · benchmark DI de um dia

Portfolio as of November 2025

AUM

R$1.3B

In stocks

R$205.2M

Stocks

YTD

▲ 10.7%

12 months

▲ 12.4%

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. September 2025

Stock	Company	% of stock portfolio	Value	Month	Since then	Sector
NEOE3	–	33.3%	R$68.3M	AddedR$56.4M	–	Other
SBSP3	Companhia de Saneamento Basico do Estado de Sao Paulo SABESP	11.5%	R$23.6M	Trimmed−R$10.9M	▲ 19.1%	Utilities
PRIO3	Prio SA	7.4%	R$15.2M	Trimmed−R$2.3M	▲ 91.5%	Energy Minerals
AXIA6	–	5.5%	R$11.2M	New	–	Other
SMFT3	Smartfit Escola de Ginastica e Danca SA	4.6%	R$9.5M	AddedR$3.2M	▼ 2.3%	Consumer Services
ENEV3	Eneva S.A.	3.6%	R$7.4M	Trimmed−R$6.4M	▲ 61.0%	Utilities
BPAN4	–	3.3%	R$6.8M	AddedR$5.4M	–	Other
RDOR3	Rede D'Or Sao Luiz SA	3.2%	R$6.5M	Trimmed−R$4.2M	▼ 5.4%	Health Services
MULT3	Multiplan Empreendimentos Imobiliarios SA	2.2%	R$4.5M	AddedR$1.5M	▲ 25.9%	Finance
GGPS3	GPS Participacoes e Empreendimentos SA	2.1%	R$4.4M	Trimmed−R$1.2M	▼ 1.5%	Commercial Services
RAIL3	Rumo SA	2.1%	R$4.3M	Trimmed−R$3.3M	▲ 14.5%	Transportation
ALOS3	Allos S.A.	1.9%	R$3.8M	AddedR$555.7K	▲ 25.9%	Finance
BBDC3	Banco Bradesco SA	1.8%	R$3.7M	Trimmed−R$346.5K	▲ 8.9%	Finance
CYRE3	Cyrela Brazil Realty SA Empreendimentos e Participacoes	1.7%	R$3.5M	AddedR$2.1M	▲ 14.6%	Finance
CPLE3	Companhia Paranaense de Energia	1.7%	R$3.4M	Trimmed−R$2.1M	▲ 29.6%	Utilities
EQTL3	Equatorial S.A.	1.6%	R$3.2M	AddedR$274.3K	▲ 24.7%	Utilities
INTB3	Intelbras SA Industria de Telecomunicacao Eletronica Brasileir	1.5%	R$3.0M	Trimmed−R$960.3K	▲ 51.8%	Technology Services
CPLE5	–	1.3%	R$2.7M	New	–	Other
PLPL3	Plano & Plano Desenvolvimento Imobiliario Ltda	1.2%	R$2.4M	AddedR$151.4K	▼ 49.2%	Finance
PRNR3	Priner Servicos Industriais SA	1.0%	R$2.1M	Held	▲ 25.8%	Industrial Services
CVCB3	CVC Brasil Operadora e Agencia de Viagens SA	0.8%	R$1.5M	Trimmed−R$845.2K	▼ 11.2%	Consumer Services
UGPA3	Ultrapar Participacoes S.A.	0.7%	R$1.3M	Trimmed−R$824.6K	▲ 80.9%	Retail Trade
NATU3	Natura Cosmeticos SA	0.6%	R$1.2M	Trimmed−R$195.0K	▼ 7.7%	Consumer Non-Durables
WEGE3	WEG SA	0.5%	R$1.1M	Trimmed−R$331.9K	▲ 10.3%	Producer Manufacturing
IRBR3	IRB Brasil Resseguros SA	0.4%	R$904.5K	AddedR$100.5K	▲ 38.9%	Finance
VBBR3	Vibra Energia SA	0.4%	R$889.0K	AddedR$449.7K	▲ 47.4%	Retail Trade
AXIA3	AXIA Energia SA	0.4%	R$868.1K	New	▼ 5.2%	Utilities
PETR4	Petroleo Brasileiro SA	0.4%	R$865.3K	Trimmed−R$267.8K	▲ 83.1%	Energy Minerals
POMO4	Marcopolo SA	0.4%	R$821.0K	AddedR$115.8K	▼ 15.8%	Producer Manufacturing
VULC3	Vulcabras SA	0.4%	R$797.6K	Trimmed−R$1.4M	▼ 19.4%	Consumer Non-Durables
CSMG3	Companhia de Saneamento de Minas Gerais	0.4%	R$778.5K	Trimmed−R$757.7K	▲ 52.7%	Utilities
PETR3	Petroleo Brasileiro SA	0.2%	R$447.5K	Held	▲ 94.3%	Energy Minerals
ABEV3	Ambev SA	0.2%	R$371.8K	Held	▲ 21.6%	Consumer Non-Durables
TOTS3	TOTVS S.A.	0.2%	R$321.0K	AddedR$194.4K	▼ 1.7%	Technology Services
BBSE3	BB Seguridade Participacoes SA	0.1%	R$297.6K	AddedR$129.9K	▲ 24.0%	Finance
HYPE3	Hypera S.A.	0.1%	R$297.5K	Trimmed−R$1.4M	▲ 1.7%	Health Technology
AZZA3	Azzas 2154 SA	0.1%	R$254.8K	Trimmed−R$657.4K	▼ 6.2%	Consumer Non-Durables
TIMS3	TIM S.A.	0.1%	R$228.7K	New	▼ 24.8%	Communications
ANIM3	Anima Holding SA	0.1%	R$200.7K	Trimmed−R$146.7K	▲ 34.2%	Consumer Services
CXSE3	Caixa Seguridade Participacoes SA	0.1%	R$179.7K	Trimmed−R$518.1K	▲ 31.5%	Finance
COCE5	Companhia Energetica do Ceara-COELCE	0.1%	R$171.9K	AddedR$36.8K	▲ 23.5%	Utilities
RADL3	Raia Drogasil S.A.	0.1%	R$155.1K	AddedR$20.0K	▼ 10.0%	Retail Trade
BBDC4	Banco Bradesco SA	0.1%	R$148.3K	Trimmed−R$1.4M	▲ 5.2%	Finance
HBSA3	Hidrovias do Brasil SA	0.1%	R$147.4K	New	▲ 7.9%	Transportation
SLCE3	SLC Agricola S.A.	0.1%	R$143.1K	Trimmed−R$430.0K	▲ 16.2%	Process Industries
ODPV3	–	0.1%	R$139.2K	Trimmed−R$154.3K	–	Other
HAPV3	Hapvida Participacoes e Investimentos SA	0.1%	R$138.1K	AddedR$19.9K	▼ 32.3%	Health Services
SOJA3	Boa Safra Sementes SA	0.1%	R$132.0K	Trimmed−R$145.7K	▼ 0.9%	Process Industries
CSAN3	Cosan S.A.	0.1%	R$119.1K	Trimmed−R$355.1K	▼ 14.4%	Utilities
CMIG4	Companhia Energetica de Minas Gerais SA	0.0%	R$101.5K	New	▲ 2.9%	Utilities
QUAL3	Qualicorp Consultoria e Corretora de Seguros S.A.	0.0%	R$80.2K	New	▼ 1.8%	Health Services
ASAI3	Sendas Distribuidora SA	0.0%	R$73.6K	Trimmed−R$1.3M	▲ 47.9%	Retail Trade
EGIE3	ENGIE Brasil Energia S.A.	0.0%	R$72.9K	Trimmed−R$2.1M	▲ 2.0%	Utilities
BEEF3	Minerva S.A.	0.0%	R$41.1K	New	▼ 30.5%	Distribution Services
CBAV3	Companhia Brasileira de Aluminio	0.0%	R$27.8K	New	▲ 98.4%	Non-Energy Minerals
TOKY3	Grupo Toky SA	0.0%	R$22.2K	Trimmed−R$27.7K	▼ 51.1%	Technology Services
TCSA3	Tecnisa S.A.	0.0%	R$17.2K	Held	▼ 37.1%	Finance
EMBJ3	Embraer S.A.	0.0%	R$16.8K	New	▲ 8.1%	Electronic Technology
TTEN3	Tres Tentos Agroindustrial SA	0.0%	R$10.7K	Trimmed−R$94.9K	▼ 9.0%	Commercial Services
RENT3	Localiza Rent A Car SA	0.0%	R$9.1K	Trimmed−R$1.3M	▲ 21.3%	Finance

Exited this month

Short positions

Borrowed shares the fund has to return