BTG PACTUAL SYNERGY EQUITY HEDGE

Multimercados L/S - Direcional · CNPJ 60.018.029/0001-22 · benchmark Não se aplica

Portfolio as of June 2026

AUM

R$54.0M

In stocks

R$584.9M

Stocks

YTD

–

12 months

–

Past performance is no guarantee of future results.

Quota

Month-end; daily in recent months

Not enough quota data for a chart.

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
SUZB3	Suzano S.A.	14.4%	R$84.1M	Trimmed−R$2.3M	▲ 6.7%	Process Industries
PETR4	Petroleo Brasileiro SA	10.5%	R$61.5M	Trimmed−R$34.0M	▲ 54.0%	Energy Minerals
AXIA7	AXIA Energia SA	9.5%	R$55.7M	AddedR$3.0M	▲ 12.2%	Utilities
CSAN3	Cosan S.A.	5.1%	R$29.7M	AddedR$7.5M	▲ 42.4%	Utilities
ITUB4	Itau Unibanco Holding SA	5.0%	R$29.4M	Trimmed−R$9.3M	▲ 15.7%	Finance
VALE3	Vale S.A.	5.0%	R$29.2M	Trimmed−R$12.8M	▼ 16.0%	Non-Energy Minerals
ENEV3	Eneva S.A.	4.7%	R$27.7M	AddedR$24.5M	▲ 19.8%	Utilities
CXSE3	Caixa Seguridade Participacoes SA	4.1%	R$23.8M	Trimmed−R$2.0M	▲ 8.0%	Finance
WEGE3	WEG SA	4.0%	R$23.4M	Trimmed−R$8.4M	▲ 4.0%	Producer Manufacturing
BBDC3	Banco Bradesco SA	3.5%	R$20.7M	AddedR$994.3K	▲ 15.6%	Finance
SBSP3	Companhia de Saneamento Basico do Estado de Sao Paulo SABESP	3.5%	R$20.7M	AddedR$7.2M	▲ 9.8%	Utilities
EQTL3	Equatorial S.A.	3.4%	R$19.7M	AddedR$17.7M	▲ 27.3%	Utilities
JHSF3	JHSF Participacoes S.A.	3.2%	R$18.8M	AddedR$511.6K	▲ 25.2%	Finance
CSMG3	Companhia de Saneamento de Minas Gerais	2.5%	R$14.7M	AddedR$12.3M	▲ 6.0%	Utilities
CPLE3	Companhia Paranaense de Energia	2.4%	R$13.9M	AddedR$9.5M	▲ 17.5%	Utilities
TEND3	Construtora Tenda SA	2.2%	R$12.7M	Trimmed−R$10.9M	▼ 21.8%	Finance
ABEV3	Ambev SA	1.8%	R$10.6M	New	▲ 3.4%	Consumer Non-Durables
ITSA4	Itausa SA	1.5%	R$8.9M	AddedR$8.6M	▲ 18.1%	Finance
CYRE3	Cyrela Brazil Realty SA Empreendimentos e Participacoes	1.5%	R$8.5M	AddedR$6.9M	▲ 49.5%	Finance
DIRR3	Direcional Engenharia S.A.	1.2%	R$7.1M	Trimmed−R$5.0M	▼ 18.0%	Finance
SMFT3	Smartfit Escola de Ginastica e Danca SA	1.2%	R$6.8M	New	▲ 30.3%	Consumer Services
ESPA3	MPM Corporeos SA	1.0%	R$5.9M	New	▲ 4.8%	Consumer Services
AXIA3	AXIA Energia SA	0.7%	R$4.3M	New	▲ 9.0%	Utilities
VBBR3	Vibra Energia SA	0.7%	R$4.3M	Trimmed−R$7.1M	▲ 22.7%	Retail Trade
RENT3	Localiza Rent A Car SA	0.7%	R$3.9M	Trimmed−R$3.9M	▲ 27.3%	Finance
RDOR3	Rede D'Or Sao Luiz SA	0.7%	R$3.9M	AddedR$468.8K	▲ 27.0%	Health Services
B3SA3	B3 SA - Brasil, Bolsa, Balcao	0.5%	R$3.1M	Trimmed−R$8.6M	▲ 63.2%	Finance
CURY3	Cury Construtora e Incorporadora SA	0.5%	R$3.1M	Trimmed−R$1.3M	▼ 6.6%	Finance
EMBJ3	Embraer S.A.	0.4%	R$2.4M	AddedR$1.6M	▲ 11.0%	Electronic Technology
RADL3	Raia Drogasil S.A.	0.4%	R$2.4M	AddedR$933.6K	▲ 28.6%	Retail Trade
POMO4	Marcopolo SA	0.3%	R$1.9M	Trimmed−R$1.9M	▼ 17.4%	Producer Manufacturing
PSSA3	Porto Seguro S.A.	0.3%	R$1.7M	AddedR$522.1K	▼ 0.6%	Finance
CPFE3	CPFL Energia S.A.	0.3%	R$1.7M	Trimmed−R$1.9M	▲ 11.8%	Utilities
UGPA3	Ultrapar Participacoes S.A.	0.3%	R$1.5M	Trimmed−R$2.4M	▲ 52.6%	Retail Trade
PRIO3	Prio SA	0.2%	R$1.4M	AddedR$202.3K	▲ 36.6%	Energy Minerals
JBSS32	JBS N.V.	0.2%	R$1.4M	Held	▲ 5.6%	BDR
ASAI3	Sendas Distribuidora SA	0.2%	R$1.3M	Trimmed−R$113.3K	▲ 60.0%	Retail Trade
LREN3	Lojas Renner S.A.	0.2%	R$1.1M	AddedR$315.2K	▲ 1.2%	Retail Trade
MULT3	Multiplan Empreendimentos Imobiliarios SA	0.2%	R$935.5K	Trimmed−R$2.8M	▲ 29.7%	Finance
VIVT3	Telefonica Brasil S.A.	0.2%	R$904.3K	AddedR$436.4K	▼ 5.2%	Communications
GGBR4	Gerdau S.A.	0.2%	R$887.3K	New	▲ 26.3%	Non-Energy Minerals
CMIG4	Companhia Energetica de Minas Gerais SA	0.1%	R$800.6K	Trimmed−R$505.5K	▲ 8.8%	Utilities
INBR32	Inter & Co., Inc.	0.1%	R$796.8K	New	▲ 18.5%	BDR
VIVA3	Vivara Participacoes SA	0.1%	R$788.4K	New	▲ 20.8%	Consumer Durables
RIAA3	RIACHUELO	0.1%	R$657.5K	New	▲ 22.5%	Distribution Services
TIMS3	TIM S.A.	0.1%	R$651.8K	New	▼ 12.9%	Communications
MOTV3	Motiva Infraestrutura de Mobilidade SA	0.1%	R$561.3K	New	▲ 39.5%	Transportation
CEAB3	C&A Modas SA	0.1%	R$550.5K	New	▲ 32.7%	Retail Trade
EGIE3	ENGIE Brasil Energia S.A.	0.1%	R$478.3K	AddedR$338.0K	▼ 10.3%	Utilities
EZTC3	EZ TEC Empreendimentos e Participacoes SA	0.1%	R$463.8K	Trimmed−R$1.2M	▲ 45.8%	Finance
HAPV3	Hapvida Participacoes e Investimentos SA	0.1%	R$448.4K	Trimmed−R$4.0M	▼ 6.5%	Health Services
INTB3	Intelbras SA Industria de Telecomunicacao Eletronica Brasileir	0.1%	R$398.4K	Trimmed−R$1.5M	▲ 40.5%	Technology Services
RAIL3	Rumo SA	0.1%	R$360.6K	New	▲ 43.7%	Transportation
FLRY3	Fleury SA	0.0%	R$273.3K	New	▲ 83.1%	Health Services
GOAU4	Metalurgica Gerdau SA	0.0%	R$259.7K	New	▲ 29.5%	Non-Energy Minerals
CMIN3	CSN Mineracao SA	0.0%	R$258.2K	New	▲ 19.6%	Non-Energy Minerals
HYPE3	Hypera S.A.	0.0%	R$246.7K	New	▲ 30.9%	Health Technology
NVDC34	NVIDIA Corporation	0.0%	R$224.3K	New	▲ 5.4%	BDR
COGN3	Cogna Educacao S.A.	0.0%	R$167.4K	New	▲ 44.4%	Commercial Services
ROXO34	Nu Holdings Ltd.	0.0%	R$149.9K	New	▲ 11.7%	BDR