DAHLIA EQUITY HEDGE MASTER
Multimercados Livre · CNPJ 57.905.649/0001-79 · benchmark Não se aplica
Portfolio as of June 2026
AUM
R$227.2M
In stocks
R$222.5M
Stocks
27
YTD
▲ 6.5%
12 months
▲ 8.4%
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 |
|---|---|---|---|---|---|---|
 ITUB4 | Itau Unibanco Holding SA | 16.2% | R$36.0M | AddedR$16.2M | ▲ 15.7% | Finance |
 EQTL3 | Equatorial S.A. | 10.1% | R$22.6M | AddedR$13.5M | ▲ 27.3% | Utilities |
 AXIA3 | AXIA Energia SA | 6.2% | R$13.8M | AddedR$4.3M | ▲ 9.0% | Utilities |
 RENT3 | Localiza Rent A Car SA | 5.9% | R$13.2M | AddedR$1.4M | ▲ 27.3% | Finance |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 5.8% | R$13.0M | AddedR$841.3K | ▲ 63.2% | Finance |
 ENEV3 | Eneva S.A. | 5.5% | R$12.3M | AddedR$5.5M | ▲ 19.8% | Utilities |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 5.5% | R$12.2M | AddedR$6.1M | ▲ 6.0% | Utilities |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 5.5% | R$12.2M | AddedR$3.6M | ▲ 29.7% | Finance |
 VBBR3 | Vibra Energia SA | 5.4% | R$12.1M | AddedR$3.5M | ▲ 22.7% | Retail Trade |
 CBAV3 | Companhia Brasileira de Aluminio | 3.9% | R$8.6M | Held | ▲ 4.6% | Non-Energy Minerals |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 3.7% | R$8.3M | AddedR$2.2M | ▲ 49.5% | Finance |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 3.6% | R$8.1M | AddedR$2.5M | ▲ 9.8% | Utilities |
 BBDC4 | Banco Bradesco SA | 3.4% | R$7.6M | AddedR$398.2K | ▲ 14.3% | Finance |
 VALE3 | Vale S.A. | 3.3% | R$7.4M | AddedR$2.6M | ▼ 16.0% | Non-Energy Minerals |
 DIRR3 | Direcional Engenharia S.A. | 2.8% | R$6.2M | AddedR$807.4K | ▼ 18.0% | Finance |
 TFCO4 | Track & Field Co SA | 2.5% | R$5.7M | Trimmed−R$182.9K | ▼ 1.6% | Retail Trade |
 CURY3 | Cury Construtora e Incorporadora SA | 2.1% | R$4.6M | AddedR$1.1M | ▼ 6.6% | Finance |
 PRIO3 | Prio SA | 1.9% | R$4.2M | AddedR$1.7M | ▲ 36.6% | Energy Minerals |
 SAUD3 | Bradsaude SA | 1.5% | R$3.4M | Held | ▲ 9.0% | Health Services |
 ITSA4 | Itausa SA | 1.5% | R$3.2M | Held | ▲ 18.1% | Finance |
 GGBR4 | Gerdau S.A. | 0.9% | R$2.1M | Held | ▲ 26.3% | Non-Energy Minerals |
 PASS3 | Compass Gas e Energia SA | 0.8% | R$1.8M | Held | ▲ 15.9% | Utilities |
 ORVR3 | Orizon Valorizacao de Residuos SA | 0.6% | R$1.4M | Held | ▲ 3.9% | Utilities |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 0.5% | R$1.2M | New | ▲ 30.3% | Consumer Services |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.2% | R$479.9K | Held | ▼ 6.5% | Health Services |
 CSAN3 | Cosan S.A. | 0.2% | R$443.2K | Held | ▲ 42.4% | Utilities |
 BPAC11 | Banco BTG Pactual SA | 0.2% | R$418.2K | Trimmed−R$2.4M | ▲ 51.1% | Finance |
Exited this month
Short positions
Borrowed shares the fund has to return
