SPRINGS EQUITY HEDGE MASTER
Multimercados Livre · CNPJ 49.643.979/0001-05 · benchmark Não se aplica
Portfolio as of January 2025
AUM
R$277.8M
In stocks
R$723.8M
Stocks
107
YTD
▲ 19.9%
12 months
▲ 26.5%
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
No complete previous month to compare
| Stock | Company | % of stock portfolio | Value | Since then | Sector |
|---|---|---|---|---|---|
 VALE3 | Vale S.A. | 8.3% | R$60.2M | ▲ 20.8% | Non-Energy Minerals |
 ITUB4 | Itau Unibanco Holding SA | 6.9% | R$49.7M | ▲ 63.5% | Finance |
 PETR4 | Petroleo Brasileiro SA | 6.1% | R$44.4M | ▲ 54.4% | Energy Minerals |
 STBP3 | – | 5.5% | R$39.5M | – | Other |
 CLSA3 | – | 5.1% | R$36.8M | – | Other |
 ELMD3 | – | 4.8% | R$34.5M | – | Other |
 PETR3 | Petroleo Brasileiro SA | 3.3% | R$23.7M | ▲ 55.7% | Energy Minerals |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 2.9% | R$21.3M | ▲ 77.5% | Utilities |
 WEGE3 | WEG SA | 2.9% | R$21.0M | ▼ 11.4% | Producer Manufacturing |
 ELET3 | – | 2.7% | R$19.6M | – | Other |
 BBAS3 | Banco do Brasil S.A. | 2.7% | R$19.4M | ▼ 12.6% | Finance |
 ITSA4 | Itausa SA | 2.2% | R$16.2M | ▲ 65.8% | Finance |
 JBSS3 | – | 2.2% | R$15.7M | – | Other |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 2.0% | R$14.6M | ▲ 111.9% | Finance |
 SUZB3 | Suzano S.A. | 2.0% | R$14.3M | ▼ 32.0% | Process Industries |
 BBDC4 | Banco Bradesco SA | 1.8% | R$13.2M | ▲ 71.1% | Finance |
 ENEV3 | Eneva S.A. | 1.7% | R$12.6M | ▲ 171.2% | Utilities |
 BBSE3 | BB Seguridade Participacoes SA | 1.7% | R$12.5M | ▲ 9.8% | Finance |
 NTCO3 | – | 1.7% | R$12.1M | – | Other |
 EMBR3 | – | 1.6% | R$11.9M | – | Other |
 RDOR3 | Rede D'Or Sao Luiz SA | 1.6% | R$11.3M | ▲ 57.7% | Health Services |
 PRIO3 | Prio SA | 1.5% | R$11.1M | ▲ 73.8% | Energy Minerals |
 LREN3 | Lojas Renner S.A. | 1.4% | R$10.1M | ▲ 9.4% | Retail Trade |
 EQTL3 | Equatorial S.A. | 1.4% | R$10.0M | ▲ 64.4% | Utilities |
 DIRR3 | Direcional Engenharia S.A. | 1.3% | R$9.3M | ▲ 19.0% | Finance |
 PSSA3 | Porto Seguro S.A. | 1.3% | R$9.1M | ▲ 31.6% | Finance |
 POMO4 | Marcopolo SA | 1.2% | R$9.0M | ▼ 34.6% | Producer Manufacturing |
 INBR32 | Inter & Co., Inc. | 1.1% | R$8.1M | ▲ 7.7% | BDR |
 UGPA3 | Ultrapar Participacoes S.A. | 1.0% | R$7.5M | ▲ 140.4% | Retail Trade |
 INTB3 | Intelbras SA Industria de Telecomunicacao Eletronica Brasileir | 1.0% | R$7.5M | ▲ 37.9% | Technology Services |
 CPLE6 | – | 1.0% | R$7.3M | – | Other |
 ELET6 | – | 1.0% | R$7.2M | – | Other |
 MYPK3 | Iochpe Maxion S.A. | 1.0% | R$7.0M | ▼ 11.2% | Producer Manufacturing |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.9% | R$6.6M | ▲ 100.4% | Finance |
 TEND3 | Construtora Tenda SA | 0.8% | R$5.7M | ▲ 99.0% | Finance |
 ABEV3 | Ambev SA | 0.7% | R$5.4M | ▲ 51.8% | Consumer Non-Durables |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.7% | R$4.8M | ▼ 73.7% | Health Services |
 GMAT3 | Grupo Mateus SA | 0.7% | R$4.8M | ▼ 15.6% | Retail Trade |
 CURY3 | Cury Construtora e Incorporadora SA | 0.6% | R$4.7M | ▲ 51.5% | Finance |
 RADL3 | Raia Drogasil S.A. | 0.6% | R$4.7M | ▲ 2.5% | Retail Trade |
 MOVI3 | Movida Participacoes SA | 0.6% | R$4.6M | ▲ 405.3% | Finance |
 CPLE3 | Companhia Paranaense de Energia | 0.6% | R$4.3M | ▲ 103.6% | Utilities |
 BBDC3 | Banco Bradesco SA | 0.6% | R$4.1M | ▲ 65.4% | Finance |
 GGBR4 | Gerdau S.A. | 0.6% | R$4.1M | ▲ 52.4% | Non-Energy Minerals |
 TOTS3 | TOTVS S.A. | 0.6% | R$4.0M | ▲ 23.5% | Technology Services |
 CBAV3 | Companhia Brasileira de Aluminio | 0.5% | R$3.9M | ▲ 107.2% | Non-Energy Minerals |
 XPBR31 | XP Inc. | 0.5% | R$3.9M | ▲ 99.1% | BDR |
 PLPL3 | Plano & Plano Desenvolvimento Imobiliario Ltda | 0.5% | R$3.9M | ▼ 18.1% | Finance |
 BRAV3 | Brava Energia SA | 0.5% | R$3.7M | ▼ 6.5% | Energy Minerals |
 SRNA3 | – | 0.5% | R$3.7M | – | Other |
 RENT3 | Localiza Rent A Car SA | 0.5% | R$3.7M | ▲ 77.8% | Finance |
 LWSA3 | LWSA S.A. | 0.5% | R$3.4M | ▲ 65.8% | Technology Services |
 ASAI3 | Sendas Distribuidora SA | 0.4% | R$3.1M | ▲ 107.4% | Retail Trade |
 RAIL3 | Rumo SA | 0.4% | R$2.9M | ▲ 4.9% | Transportation |
 HYPE3 | Hypera S.A. | 0.3% | R$2.5M | ▲ 49.1% | Health Technology |
 CMIN3 | CSN Mineracao SA | 0.3% | R$2.2M | ▼ 8.4% | Non-Energy Minerals |
 AZZA3 | Azzas 2154 SA | 0.3% | R$1.9M | ▼ 20.4% | Consumer Non-Durables |
 CCRO3 | – | 0.2% | R$1.4M | – | Other |
 BLAU3 | Blau Farmaceutica SA | 0.2% | R$1.4M | ▲ 27.8% | Health Technology |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.2% | R$1.3M | ▲ 7.9% | Utilities |
Short positions
Borrowed shares the fund has to return
