KAPITALO ZETA MERIDIA MASTER
Multimercados Livre · CNPJ 42.831.201/0001-80 · benchmark Não se aplica
Portfolio as of June 2026
AUM
R$4.4B
In stocks
R$3.0B
Stocks
93
YTD
▲ 6.5%
12 months
▲ 14.2%
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. May 2026
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 AURA33 | Aura Minerals Inc | 17.1% | R$519.6M | Held | ▲ 32.7% | BDR |
 VALE3 | Vale S.A. | 9.0% | R$273.4M | Held | ▼ 16.0% | Non-Energy Minerals |
 ITUB4 | Itau Unibanco Holding SA | 8.0% | R$244.1M | Trimmed−R$8.4M | ▲ 15.7% | Finance |
 EMBJ3 | Embraer S.A. | 6.6% | R$200.6M | Held | ▲ 11.0% | Electronic Technology |
 BRAV3 | Brava Energia SA | 4.8% | R$145.9M | Held | ▲ 8.7% | Energy Minerals |
 LREN3 | Lojas Renner S.A. | 4.5% | R$136.6M | AddedR$7.5M | ▲ 1.2% | Retail Trade |
 MBRF3 | MBRF Global Foods Company S.A. | 3.7% | R$112.9M | Held | ▲ 2.8% | Consumer Non-Durables |
 GOAU4 | Metalurgica Gerdau SA | 3.5% | R$107.3M | Held | ▲ 29.5% | Non-Energy Minerals |
 VBBR3 | Vibra Energia SA | 3.5% | R$106.5M | Held | ▲ 22.7% | Retail Trade |
 PETR4 | Petroleo Brasileiro SA | 3.0% | R$92.5M | AddedR$5.5M | ▲ 54.0% | Energy Minerals |
 USIM5 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 3.0% | R$91.7M | AddedR$5.9M | ▼ 19.8% | Non-Energy Minerals |
 SUZB3 | Suzano S.A. | 2.7% | R$81.0M | Held | ▲ 6.7% | Process Industries |
 PASS3 | Compass Gas e Energia SA | 2.6% | R$80.3M | Held | ▲ 15.9% | Utilities |
 NATU3 | Natura Cosmeticos SA | 2.5% | R$76.5M | AddedR$12.8M | ▼ 12.4% | Consumer Non-Durables |
 ECOR3 | EcoRodovias Infraestrutura e Logistica S.A. | 2.5% | R$76.2M | Held | ▲ 84.6% | Transportation |
 XPBR31 | XP Inc. | 2.5% | R$75.4M | Held | ▲ 89.4% | BDR |
 PSSA3 | Porto Seguro S.A. | 2.4% | R$73.1M | Held | ▼ 0.6% | Finance |
 FLRY3 | Fleury SA | 2.4% | R$72.4M | Held | ▲ 83.1% | Health Services |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 2.1% | R$62.6M | Held | ▲ 8.8% | Utilities |
 BBDC4 | Banco Bradesco SA | 1.6% | R$49.9M | AddedR$5.4M | ▲ 14.3% | Finance |
 CBAV3 | Companhia Brasileira de Aluminio | 1.5% | R$45.3M | AddedR$2.5M | ▲ 4.6% | Non-Energy Minerals |
 TIMS3 | TIM S.A. | 1.2% | R$35.1M | Held | ▼ 12.9% | Communications |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.8% | R$24.6M | Held | ▼ 6.5% | Health Services |
 HYPE3 | Hypera S.A. | 0.8% | R$24.1M | Held | ▲ 30.9% | Health Technology |
 AXIA7 | AXIA Energia SA | 0.8% | R$23.4M | Held | ▲ 12.2% | Utilities |
 PETR3 | Petroleo Brasileiro SA | 0.7% | R$21.9M | Held | ▲ 55.2% | Energy Minerals |
 AURE3 | Auren Energia SA | 0.6% | R$17.2M | Held | ▲ 31.0% | Utilities |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 0.6% | R$16.9M | New | ▲ 6.0% | Utilities |
 LWSA3 | LWSA S.A. | 0.5% | R$15.6M | Held | ▲ 40.3% | Technology Services |
 RENT3 | Localiza Rent A Car SA | 0.5% | R$15.1M | AddedR$6.6M | ▲ 27.3% | Finance |
 AXIA3 | AXIA Energia SA | 0.4% | R$13.6M | Trimmed−R$911.3K | ▲ 9.0% | Utilities |
 CSNA3 | Companhia Siderurgica Nacional | 0.4% | R$12.2M | Held | ▲ 30.1% | Non-Energy Minerals |
 ONCO3 | Oncoclinicas do Brasil Servicos Medicos SA | 0.3% | R$10.3M | Held | ▼ 14.6% | Health Services |
 TGMA3 | Tegma Gestao Logistica S.A. | 0.3% | R$9.5M | Held | ▲ 69.2% | Transportation |
 CPLE3 | Companhia Paranaense de Energia | 0.3% | R$9.4M | Held | ▲ 17.5% | Utilities |
 USIM3 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 0.3% | R$8.8M | Held | ▼ 13.5% | Non-Energy Minerals |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 0.3% | R$8.6M | AddedR$2.2M | ▲ 63.2% | Finance |
 CPFE3 | CPFL Energia S.A. | 0.3% | R$8.2M | Held | ▲ 11.8% | Utilities |
 GOAU3 | Metalurgica Gerdau S.A. | 0.3% | R$7.6M | Held | ▲ 25.0% | Non-Energy Minerals |
 RADL3 | Raia Drogasil S.A. | 0.2% | R$6.5M | AddedR$4.7M | ▲ 28.6% | Retail Trade |
 LIGT3 | Light S.A. | 0.2% | R$6.2M | Held | ▲ 14.5% | Utilities |
 GGBR4 | Gerdau S.A. | 0.2% | R$5.6M | AddedR$3.0M | ▲ 26.3% | Non-Energy Minerals |
 CMIN3 | CSN Mineracao SA | 0.2% | R$5.1M | Held | ▲ 19.6% | Non-Energy Minerals |
 PNVL3 | Dimed S.A. Distribuidora de Medicamentos | 0.1% | R$3.3M | Held | ▲ 46.0% | Retail Trade |
 RDOR3 | Rede D'Or Sao Luiz SA | 0.1% | R$3.0M | Trimmed−R$14.6M | ▲ 27.0% | Health Services |
 ASAI3 | Sendas Distribuidora SA | 0.0% | R$1.1M | AddedR$1.1M | ▲ 60.0% | Retail Trade |
 BEZU39 | iShares MSCI Eurozone ETF | 0.0% | R$1.1M | Held | ▼ 8.2% | BDR |
 VIVA3 | Vivara Participacoes SA | 0.0% | R$996.3K | AddedR$996.3K | ▲ 20.8% | Consumer Durables |
 CXSE3 | Caixa Seguridade Participacoes SA | 0.0% | R$722.7K | Held | ▲ 8.0% | Finance |
 AERI3 | Aeris Industria e Comercio de Equipamentos para Geracao deEnergia S.A. | 0.0% | R$594.6K | Held | ▲ 12.9% | Producer Manufacturing |
 TOTS3 | TOTVS S.A. | 0.0% | R$354.4K | AddedR$324.8K | ▲ 46.6% | Technology Services |
 ESPA3 | MPM Corporeos SA | 0.0% | R$221.8K | Held | ▲ 4.8% | Consumer Services |
 AMER3 | Americanas SA | 0.0% | R$113.2K | Held | ▲ 79.7% | Retail Trade |
 WEGE3 | WEG SA | 0.0% | R$62.7K | New | ▲ 4.0% | Producer Manufacturing |
 AZZA3 | Azzas 2154 SA | 0.0% | R$59.8K | New | ▲ 52.0% | Consumer Non-Durables |
 BRKM5 | Braskem S.A. | 0.0% | R$33.9K | AddedR$33.9K | ▼ 34.6% | Process Industries |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 0.0% | R$21.7K | Held | ▲ 30.3% | Consumer Services |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.0% | R$17.4K | Held | ▲ 49.5% | Finance |
 UGPA3 | Ultrapar Participacoes S.A. | 0.0% | R$16.0K | Held | ▲ 52.6% | Retail Trade |
 INTB3 | Intelbras SA Industria de Telecomunicacao Eletronica Brasileir | 0.0% | R$14.9K | Held | ▲ 40.5% | Technology Services |
Exited this month
Short positions
Borrowed shares the fund has to return
WEGE3R$66.7MRENT3R$44.0M
ABEV3R$36.0MASAI3R$34.1MTOTS3R$24.0MSMFT3R$22.4MCYRE3R$17.7MUGPA3R$17.6M
TEND3R$14.9MINTB3R$14.9M
YDUQ3R$13.9MB3SA3R$10.0M
EZTC3R$7.0M
ALOS3R$6.3M
ALPA4R$5.8MRDOR3R$5.2M
SBSP3R$4.9MAZZA3R$4.6M
ITSA4R$4.1M
BBAS3R$3.2M
RENT4R$3.0M
ENEV3R$2.9MRADL3R$2.8M
EQTL3R$2.8M
PRIO3R$2.3M
SBFG3R$1.7MCXSE3R$1.4M
VIVT3R$1.4M
BBSE3R$1.4M
BBDC3R$1.3M