ALPHAKEY LONG SHORT PLUS

Ações Livre · CNPJ 55.150.656/0001-82 · benchmark Não se aplica

Portfolio as of March 2026

AUM

R$553.5M

In stocks

R$360.0M

Stocks

YTD

▲ 18.6%

12 months

▲ 23.6%

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. February 2026

Stock	Company	% of stock portfolio	Value	Month	Since then	Sector
NEOE3	–	20.5%	R$73.6M	Trimmed−R$2.7M	–	Other
CBAV3	Companhia Brasileira de Aluminio	9.2%	R$33.2M	AddedR$21.4M	▲ 7.3%	Non-Energy Minerals
TFCO4	Track & Field Co SA	5.0%	R$17.9M	AddedR$9.1M	▼ 9.9%	Retail Trade
PRNR3	Priner Servicos Industriais SA	4.7%	R$16.9M	AddedR$9.1M	▲ 5.7%	Industrial Services
ORVR3	Orizon Valorizacao de Residuos SA	3.7%	R$13.4M	AddedR$4.5M	▲ 15.2%	Utilities
EQTL3	Equatorial S.A.	3.4%	R$12.4M	AddedR$1.2M	▲ 21.6%	Utilities
VALE3	Vale S.A.	3.0%	R$10.8M	New	▼ 20.7%	Non-Energy Minerals
CEAB3	C&A Modas SA	3.0%	R$10.6M	New	▲ 17.9%	Retail Trade
KEPL3	Kepler Weber SA	2.9%	R$10.6M	AddedR$7.0M	▼ 3.0%	Producer Manufacturing
ALOS3	Allos S.A.	2.8%	R$10.1M	Trimmed−R$294.3K	▲ 17.7%	Finance
RENT3	Localiza Rent A Car SA	2.6%	R$9.3M	New	▲ 12.5%	Finance
AXIA7	AXIA Energia SA	2.6%	R$9.3M	AddedR$2.6M	▲ 5.0%	Utilities
ROXO34	Nu Holdings Ltd.	2.6%	R$9.2M	AddedR$5.3M	▲ 2.2%	BDR
SUZB3	Suzano S.A.	2.4%	R$8.7M	New	▼ 18.3%	Process Industries
CSAN3	Cosan S.A.	2.4%	R$8.5M	AddedR$2.6M	▼ 2.0%	Utilities
CPLE3	Companhia Paranaense de Energia	2.3%	R$8.4M	AddedR$6.2M	▲ 14.4%	Utilities
SMFT3	Smartfit Escola de Ginastica e Danca SA	2.3%	R$8.2M	AddedR$1.2M	▲ 33.9%	Consumer Services
TOTS3	TOTVS S.A.	2.2%	R$7.8M	AddedR$1.5M	▲ 20.4%	Technology Services
ASAI3	Sendas Distribuidora SA	1.9%	R$6.9M	AddedR$5.7M	▲ 47.5%	Retail Trade
CSMG3	Companhia de Saneamento de Minas Gerais	1.9%	R$6.7M	New	▲ 10.1%	Utilities
SBFG3	Grupo SBF S.A.	1.5%	R$5.4M	New	▼ 3.8%	Retail Trade
DIRR3	Direcional Engenharia S.A.	1.4%	R$5.1M	AddedR$3.0M	▼ 14.1%	Finance
MOTV3	Motiva Infraestrutura de Mobilidade SA	1.4%	R$5.1M	New	▲ 29.0%	Transportation
IRBR3	IRB Brasil Resseguros SA	1.2%	R$4.4M	Trimmed−R$2.4M	▲ 27.9%	Finance
CASH3	Meliuz SA	1.1%	R$3.9M	AddedR$423.5K	▲ 37.9%	Commercial Services
MBRF3	MBRF Global Foods Company S.A.	1.1%	R$3.8M	New	▼ 14.3%	Consumer Non-Durables
PRIO3	Prio SA	1.0%	R$3.4M	Trimmed−R$1.2M	▲ 7.6%	Energy Minerals
VULC3	Vulcabras SA	0.9%	R$3.4M	AddedR$1.1M	▼ 6.2%	Consumer Non-Durables
B3SA3	B3 SA - Brasil, Bolsa, Balcao	0.9%	R$3.4M	AddedR$452.6K	▲ 28.9%	Finance
ANIM3	Anima Holding SA	0.9%	R$3.3M	New	▲ 19.5%	Consumer Services
RDOR3	Rede D'Or Sao Luiz SA	0.9%	R$3.3M	Trimmed−R$10.3M	▲ 13.1%	Health Services
TEND3	Construtora Tenda SA	0.9%	R$3.1M	New	▼ 8.3%	Finance
MELI34	MercadoLibre, Inc.	0.8%	R$2.8M	Trimmed−R$7.0M	▲ 5.6%	BDR
MDNE3	Moura Dubeux Engenharia SA	0.7%	R$2.5M	AddedR$435.4K	▼ 5.0%	Finance
MRVE3	MRV Engenharia e Participacoes S.A.	0.7%	R$2.3M	New	▲ 6.1%	Consumer Durables
TTEN3	Tres Tentos Agroindustrial SA	0.6%	R$2.3M	Trimmed−R$5.1M	▼ 12.9%	Commercial Services
AZZA3	Azzas 2154 SA	0.4%	R$1.6M	New	▲ 5.7%	Consumer Non-Durables
BRKM3	Braskem S.A.	0.4%	R$1.5M	AddedR$224.7K	▼ 49.1%	Process Industries
CPFE3	CPFL Energia S.A.	0.3%	R$1.2M	AddedR$263.0K	▲ 2.7%	Utilities
FRAS3	Frasle Mobility S.A.	0.3%	R$1.1M	AddedR$582.6K	▲ 28.8%	Producer Manufacturing
CXSE3	Caixa Seguridade Participacoes SA	0.3%	R$1.1M	AddedR$127.0K	▲ 16.0%	Finance
BBAS3	Banco do Brasil S.A.	0.2%	R$701.5K	AddedR$586.5K	▲ 5.2%	Finance
BEEF3	Minerva S.A.	0.2%	R$618.8K	AddedR$607.8K	▲ 1.9%	Distribution Services
LIGT3	Light S.A.	0.2%	R$548.2K	AddedR$12.6K	▼ 21.7%	Utilities
BRKM5	Braskem S.A.	0.1%	R$432.2K	New	▼ 55.7%	Process Industries
VBBR3	Vibra Energia SA	0.1%	R$364.3K	Trimmed−R$4.6M	▲ 16.0%	Retail Trade
PINE4	Banco PINE S.A.	0.1%	R$362.5K	New	▲ 26.1%	Finance
SOJA3	Boa Safra Sementes SA	0.1%	R$322.0K	New	▲ 17.0%	Process Industries
RADL3	Raia Drogasil S.A.	0.0%	R$11.8K	Trimmed−R$4.6M	▼ 8.2%	Retail Trade

Exited this month

Short positions

Borrowed shares the fund has to return