SPX LONG BIAS PREVIDENCIÁRIO MASTER

Previdência Multimercado Livre · CNPJ 40.386.431/0001-52 · benchmark OUTROS

Portfolio as of June 2026

AUM

R$478.2M

In stocks

R$257.1M

Stocks

YTD

▲ 24.0%

12 months

▲ 34.0%

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. May 2026

Stock	Company	% of stock portfolio	Value	Month	Since then	Sector
ALOS3	Allos S.A.	12.4%	R$32.0M	AddedR$2.8M	▲ 27.2%	Finance
AXIA3	AXIA Energia SA	11.1%	R$28.5M	AddedR$28.1M	▲ 9.0%	Utilities
MOTV3	Motiva Infraestrutura de Mobilidade SA	10.6%	R$27.4M	New	▲ 39.5%	Transportation
AXIA7	AXIA Energia SA	8.2%	R$21.1M	AddedR$2.2M	▲ 12.2%	Utilities
SMFT3	Smartfit Escola de Ginastica e Danca SA	7.6%	R$19.6M	Held	▲ 30.3%	Consumer Services
DXCO3	Dexco SA	3.4%	R$8.6M	AddedR$622.8K	▲ 66.4%	Producer Manufacturing
CYRE3	Cyrela Brazil Realty SA Empreendimentos e Participacoes	3.3%	R$8.4M	AddedR$4.3M	▲ 49.5%	Finance
SUZB3	Suzano S.A.	3.2%	R$8.3M	Trimmed−R$4.1M	▲ 6.7%	Process Industries
ITUB4	Itau Unibanco Holding SA	3.2%	R$8.3M	Trimmed−R$280.6K	▲ 15.7%	Finance
UGPA3	Ultrapar Participacoes S.A.	3.1%	R$8.1M	AddedR$1.8M	▲ 52.6%	Retail Trade
HYPE3	Hypera S.A.	3.0%	R$7.8M	AddedR$779.5K	▲ 30.9%	Health Technology
GGBR4	Gerdau S.A.	2.8%	R$7.2M	AddedR$6.3M	▲ 26.3%	Non-Energy Minerals
DIRR3	Direcional Engenharia S.A.	2.8%	R$7.2M	Trimmed−R$2.6M	▼ 18.0%	Finance
VTRU3	Vitru Educacao SA	2.7%	R$6.9M	Trimmed−R$210.7K	▲ 57.8%	Commercial Services
GOAU4	Metalurgica Gerdau SA	2.3%	R$5.8M	Trimmed−R$6.8M	▲ 29.5%	Non-Energy Minerals
CBAV3	Companhia Brasileira de Aluminio	1.9%	R$5.0M	Held	▲ 4.6%	Non-Energy Minerals
BMOB3	Bemobi Mobile Tech SA	1.5%	R$4.0M	Trimmed−R$580.1K	▲ 42.1%	Technology Services
PETR4	Petroleo Brasileiro SA	1.5%	R$4.0M	Trimmed−R$138.4K	▲ 54.0%	Energy Minerals
TIMS3	TIM S.A.	1.5%	R$3.9M	New	▼ 12.9%	Communications
PSSA3	Porto Seguro S.A.	1.3%	R$3.5M	Trimmed−R$6.7M	▼ 0.6%	Finance
CEAB3	C&A Modas SA	1.3%	R$3.5M	AddedR$74.9K	▲ 32.7%	Retail Trade
PETR3	Petroleo Brasileiro SA	1.2%	R$3.2M	AddedR$3.2M	▲ 55.2%	Energy Minerals
AZZA3	Azzas 2154 SA	1.1%	R$2.9M	Held	▲ 52.0%	Consumer Non-Durables
CYRE4	Cyrela Brazil Realty SA Empreendimentos e Participacoes	1.1%	R$2.8M	AddedR$523.5K	▲ 52.2%	Finance
CLSC4	Centrais Eletricas de Santa Catarina SA	0.7%	R$1.9M	Held	▲ 36.9%	Utilities
ORVR3	Orizon Valorizacao de Residuos SA	0.7%	R$1.7M	Held	▲ 3.9%	Utilities
CSED3	Cruzeiro do Sul Educacional SA	0.6%	R$1.6M	AddedR$242.1K	▲ 88.8%	Consumer Services
PNVL3	Dimed S.A. Distribuidora de Medicamentos	0.6%	R$1.6M	AddedR$442.4K	▲ 46.0%	Retail Trade
CPLE3	Companhia Paranaense de Energia	0.6%	R$1.5M	Trimmed−R$2.5M	▲ 17.5%	Utilities
EMBJ3	Embraer S.A.	0.6%	R$1.5M	Trimmed−R$722.0K	▲ 11.0%	Electronic Technology
TTEN3	Tres Tentos Agroindustrial SA	0.5%	R$1.2M	New	▼ 7.7%	Commercial Services
INBR32	Inter & Co., Inc.	0.5%	R$1.2M	Trimmed−R$986.6K	▲ 18.5%	BDR
SBFG3	Grupo SBF S.A.	0.4%	R$1.1M	AddedR$24.7K	▲ 14.5%	Retail Trade
EZTC3	EZ TEC Empreendimentos e Participacoes SA	0.4%	R$1.0M	Trimmed−R$163.0K	▲ 45.8%	Finance
CSAN3	Cosan S.A.	0.3%	R$838.3K	Held	▲ 42.4%	Utilities
ABEV3	Ambev SA	0.3%	R$747.0K	AddedR$730.3K	▲ 3.4%	Consumer Non-Durables
CURY3	Cury Construtora e Incorporadora SA	0.3%	R$685.0K	AddedR$672.2K	▼ 6.6%	Finance
GMAT3	Grupo Mateus SA	0.2%	R$517.8K	New	▲ 53.7%	Retail Trade
ITSA4	Itausa SA	0.2%	R$464.9K	Trimmed−R$3.3M	▲ 18.1%	Finance
TFCO4	Track & Field Co SA	0.1%	R$348.6K	AddedR$195.9K	▼ 1.6%	Retail Trade
FRAS3	Frasle Mobility S.A.	0.1%	R$191.3K	AddedR$7.8K	▲ 41.4%	Producer Manufacturing
CMIN3	CSN Mineracao SA	0.1%	R$175.3K	New	▲ 19.6%	Non-Energy Minerals
GGBR3	Gerdau S.A.	0.1%	R$173.4K	Held	▲ 26.0%	Non-Energy Minerals
BRKM5	Braskem S.A.	0.0%	R$116.8K	New	▼ 34.6%	Process Industries
PRNR3	Priner Servicos Industriais SA	0.0%	R$116.7K	New	▲ 18.4%	Industrial Services
SBSP3	Companhia de Saneamento Basico do Estado de Sao Paulo SABESP	0.0%	R$107.1K	New	▲ 9.8%	Utilities
CSMG3	Companhia de Saneamento de Minas Gerais	0.0%	R$96.4K	Trimmed−R$425.7K	▲ 6.0%	Utilities
IGTI3	Iguatemi SA	0.0%	R$92.0K	Trimmed−R$5.1K	▲ 26.1%	Finance
AZUL3	Azul S.A.	0.0%	R$76.8K	New	▼ 29.2%	Transportation
EQTL3	Equatorial S.A.	0.0%	R$51.8K	New	▲ 27.3%	Utilities
ROXO34	Nu Holdings Ltd.	0.0%	R$45.1K	New	▲ 11.7%	BDR
CXSE3	Caixa Seguridade Participacoes SA	0.0%	R$42.4K	New	▲ 8.0%	Finance
STOC34	StoneCo Ltd.	0.0%	R$40.3K	Held	▲ 9.0%	BDR
CMIG4	Companhia Energetica de Minas Gerais SA	0.0%	R$36.9K	New	▲ 8.8%	Utilities
MULT3	Multiplan Empreendimentos Imobiliarios SA	0.0%	R$21.3K	Trimmed−R$10.9K	▲ 29.7%	Finance
ISAE4	Isa Energia Brasil SA	0.0%	R$19.8K	New	▲ 3.5%	Utilities
MOVI3	Movida Participacoes SA	0.0%	R$13.2K	New	▲ 112.6%	Finance
LREN3	Lojas Renner S.A.	0.0%	R$13.2K	AddedR$9.7K	▲ 1.2%	Retail Trade
CAML3	Camil Alimentos SA	0.0%	R$13.1K	AddedR$6.3K	▲ 35.9%	Process Industries
JHSF3	JHSF Participacoes S.A.	0.0%	R$6.3K	Trimmed−R$430.54	▲ 25.2%	Finance

Exited this month

Short positions

Borrowed shares the fund has to return