ZENITH
Multimercados Livre · CNPJ 58.175.913/0001-29 · benchmark Não se aplica
Portfolio as of November 2025
AUM
R$69.5M
In stocks
R$4.9M
Stocks
7
YTD
▲ 10.4%
12 months
▲ 12.8%
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. August 2025
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 NEOE3 | – | 28.2% | R$1.4M | AddedR$1.3M | – | Other |
 RAIL3 | Rumo SA | 23.6% | R$1.1M | New | ▲ 14.5% | Transportation |
 AXIA6 | – | 20.8% | R$1.0M | New | – | Other |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 15.5% | R$755.0K | Trimmed−R$84.3K | ▼ 2.3% | Consumer Services |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 8.4% | R$410.1K | Trimmed−R$425.9K | ▲ 19.1% | Utilities |
 CPLE5 | – | 3.4% | R$163.3K | New | – | Other |
 COCE5 | Companhia Energetica do Ceara-COELCE | 0.1% | R$3.1K | Held | ▲ 23.5% | Utilities |
Exited this month
Short positions
Borrowed shares the fund has to return
