BTG M2 MASTER
Multimercados Invest. no Exterior · CNPJ 41.763.099/0001-60 · benchmark DI de um dia
Portfolio as of June 2026
AUM
R$113.7M
In stocks
R$52.2M
Stocks
41
YTD
▲ 44.1%
12 months
▲ 50.4%
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. May 2026
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 EQTL3 | Equatorial S.A. | 11.2% | R$5.9M | AddedR$237.1K | ▲ 27.3% | Utilities |
 VALE3 | Vale S.A. | 6.6% | R$3.4M | AddedR$2.3M | ▼ 16.0% | Non-Energy Minerals |
 AXIA3 | AXIA Energia SA | 6.4% | R$3.4M | AddedR$250.1K | ▲ 9.0% | Utilities |
 RDOR3 | Rede D'Or Sao Luiz SA | 6.4% | R$3.4M | AddedR$197.8K | ▲ 27.0% | Health Services |
 CPFE3 | CPFL Energia S.A. | 5.3% | R$2.8M | AddedR$147.8K | ▲ 11.8% | Utilities |
 CBAV3 | Companhia Brasileira de Aluminio | 4.8% | R$2.5M | Trimmed−R$128.1K | ▲ 4.6% | Non-Energy Minerals |
 ITSA4 | Itausa SA | 4.8% | R$2.5M | Held | ▲ 18.1% | Finance |
 FLRY3 | Fleury SA | 4.7% | R$2.4M | AddedR$163.2K | ▲ 83.1% | Health Services |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 4.6% | R$2.4M | AddedR$417.6K | ▲ 9.8% | Utilities |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 4.6% | R$2.4M | New | ▲ 6.0% | Utilities |
 DIRR3 | Direcional Engenharia S.A. | 4.4% | R$2.3M | AddedR$1.1M | ▼ 18.0% | Finance |
 CEAB3 | C&A Modas SA | 4.4% | R$2.3M | AddedR$133.3K | ▲ 32.7% | Retail Trade |
 DESK3 | Desktop SA | 4.1% | R$2.2M | AddedR$59.7K | ▲ 8.0% | Communications |
 ALPA4 | Alpargatas SA | 3.7% | R$2.0M | AddedR$257.8K | ▲ 49.3% | Consumer Non-Durables |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 3.7% | R$1.9M | Trimmed−R$102.0K | ▲ 63.2% | Finance |
 LREN3 | Lojas Renner S.A. | 3.6% | R$1.9M | AddedR$129.9K | ▲ 1.2% | Retail Trade |
 SUZB3 | Suzano S.A. | 2.9% | R$1.5M | AddedR$143.1K | ▲ 6.7% | Process Industries |
 XPBR31 | XP Inc. | 2.7% | R$1.4M | New | ▲ 89.4% | BDR |
 ECOR3 | EcoRodovias Infraestrutura e Logistica S.A. | 2.6% | R$1.4M | AddedR$123.7K | ▲ 84.6% | Transportation |
 ITUB4 | Itau Unibanco Holding SA | 2.3% | R$1.2M | AddedR$773.4K | ▲ 15.7% | Finance |
 ORVR3 | Orizon Valorizacao de Residuos SA | 2.0% | R$1.1M | AddedR$118.7K | ▲ 3.9% | Utilities |
 AXIA7 | AXIA Energia SA | 0.8% | R$400.7K | Held | ▲ 12.2% | Utilities |
 BBDC4 | Banco Bradesco SA | 0.6% | R$287.9K | Held | ▲ 14.3% | Finance |
 BBSE3 | BB Seguridade Participacoes SA | 0.3% | R$159.1K | AddedR$15.7K | ▲ 8.0% | Finance |
 TEND3 | Construtora Tenda SA | 0.3% | R$156.3K | AddedR$14.6K | ▼ 21.8% | Finance |
 INTB3 | Intelbras SA Industria de Telecomunicacao Eletronica Brasileir | 0.3% | R$155.3K | AddedR$25.3K | ▲ 40.5% | Technology Services |
 RENT3 | Localiza Rent A Car SA | 0.3% | R$149.8K | Trimmed−R$184.3K | ▲ 27.3% | Finance |
 POMO4 | Marcopolo SA | 0.3% | R$132.7K | AddedR$21.6K | ▼ 17.4% | Producer Manufacturing |
 ABCB4 | Banco ABC Brasil SA Conv | 0.2% | R$128.1K | AddedR$14.3K | ▲ 25.6% | Finance |
 LEVE3 | Mahle-Metal Leve S.A. | 0.2% | R$126.6K | AddedR$13.1K | ▲ 18.2% | Producer Manufacturing |
 SEER3 | Grupo Ser Educacional SA | 0.2% | R$121.1K | AddedR$13.3K | ▲ 61.1% | Consumer Services |
 BRSR6 | Banco do Estado do Rio Grande do Sul SA | 0.2% | R$113.9K | AddedR$12.5K | ▲ 31.0% | Finance |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.2% | R$110.3K | AddedR$18.4K | ▲ 49.5% | Finance |
 PETR3 | Petroleo Brasileiro SA | 0.2% | R$80.8K | Held | ▲ 55.2% | Energy Minerals |
 PETR4 | Petroleo Brasileiro SA | 0.0% | R$19.4K | AddedR$11.3K | ▲ 54.0% | Energy Minerals |
 GGBR4 | Gerdau S.A. | 0.0% | R$8.6K | New | ▲ 26.3% | Non-Energy Minerals |
 RENT4 | Localiza Rent A Car SA | 0.0% | R$5.5K | Held | ▲ 28.5% | Finance |
 CURY3 | Cury Construtora e Incorporadora SA | 0.0% | R$2.3K | Trimmed−R$104.2K | ▼ 6.6% | Finance |
 ABEV3 | Ambev SA | 0.0% | R$2.2K | New | ▲ 3.4% | Consumer Non-Durables |
 CYRE4 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.0% | R$1.6K | Held | ▲ 52.2% | Finance |
 AXIA11 | – | 0.0% | R$326.28 | New | – | Other |
Exited this month
Short positions
Borrowed shares the fund has to return
