LOCAL EXPLORER
Multimercados Livre · CNPJ 63.103.198/0001-59 · benchmark Não se aplica
Portfolio as of April 2026
AUM
R$870.8M
In stocks
R$276.5M
Stocks
35
YTD
–
12 months
–
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. March 2026
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 VALE3 | Vale S.A. | 15.4% | R$42.7M | Held | ▼ 19.4% | Non-Energy Minerals |
 ENEV3 | Eneva S.A. | 13.1% | R$36.2M | Trimmed−R$25.8M | ▲ 18.2% | Utilities |
 CPLE3 | Companhia Paranaense de Energia | 12.4% | R$34.3M | Trimmed−R$22.0M | ▲ 11.0% | Utilities |
 AXIA7 | AXIA Energia SA | 12.0% | R$33.3M | AddedR$11.4M | ▼ 0.8% | Utilities |
 PETR4 | Petroleo Brasileiro SA | 6.2% | R$17.2M | AddedR$6.2M | ▲ 18.6% | Energy Minerals |
 ITUB4 | Itau Unibanco Holding SA | 6.0% | R$16.7M | Trimmed−R$2.0M | ▲ 13.0% | Finance |
 RAIL3 | Rumo SA | 5.0% | R$13.9M | Held | ▲ 22.7% | Transportation |
 AXIA6 | – | 4.4% | R$12.2M | Held | – | Other |
 RDOR3 | Rede D'Or Sao Luiz SA | 4.1% | R$11.2M | AddedR$2.7M | ▲ 14.9% | Health Services |
 UGPA3 | Ultrapar Participacoes S.A. | 3.5% | R$9.6M | Held | ▲ 32.8% | Retail Trade |
 ODPV3 | – | 3.4% | R$9.4M | Held | – | Other |
 ISAE4 | Isa Energia Brasil SA | 3.0% | R$8.3M | Trimmed−R$4.5M | ▼ 1.4% | Utilities |
 NATU3 | Natura Cosmeticos SA | 2.7% | R$7.5M | Held | ▼ 24.9% | Consumer Non-Durables |
 EQTL3 | Equatorial S.A. | 1.4% | R$3.9M | AddedR$1.0M | ▲ 17.2% | Utilities |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 1.4% | R$3.8M | AddedR$3.1M | ▼ 22.9% | Health Services |
 ABEV3 | Ambev SA | 1.3% | R$3.6M | AddedR$2.8M | ▲ 16.1% | Consumer Non-Durables |
 BBAS3 | Banco do Brasil S.A. | 1.2% | R$3.4M | AddedR$3.3M | ▲ 9.0% | Finance |
 TIMS3 | TIM S.A. | 1.2% | R$3.2M | New | ▼ 26.1% | Communications |
 BBDC4 | Banco Bradesco SA | 0.8% | R$2.3M | AddedR$1.9M | ▲ 7.0% | Finance |
 ITUB3 | Itau Unibanco Holding S.A. | 0.4% | R$1.0M | Held | ▲ 21.3% | Finance |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 0.1% | R$353.1K | AddedR$43.9K | ▲ 19.7% | Finance |
 ALOS3 | Allos S.A. | 0.1% | R$327.2K | New | ▲ 16.5% | Finance |
 RENT3 | Localiza Rent A Car SA | 0.1% | R$325.8K | Trimmed−R$5.7M | ▲ 15.1% | Finance |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 0.1% | R$306.9K | AddedR$33.1K | ▲ 31.5% | Finance |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.1% | R$270.8K | AddedR$34.0K | ▲ 46.5% | Finance |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 0.1% | R$267.3K | AddedR$25.9K | ▲ 48.5% | Consumer Services |
 ASAI3 | Sendas Distribuidora SA | 0.1% | R$225.5K | AddedR$28.0K | ▲ 58.0% | Retail Trade |
 CURY3 | Cury Construtora e Incorporadora SA | 0.1% | R$157.8K | New | ▲ 8.9% | Finance |
 VBBR3 | Vibra Energia SA | 0.0% | R$126.0K | New | ▲ 10.2% | Retail Trade |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 0.0% | R$113.6K | Trimmed−R$5.3K | ▲ 17.6% | Utilities |
 PETR3 | Petroleo Brasileiro SA | 0.0% | R$88.2K | Trimmed−R$4.8M | ▲ 18.5% | Energy Minerals |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.0% | R$59.9K | Trimmed−R$627.6K | ▼ 5.7% | Utilities |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 0.0% | R$39.0K | Trimmed−R$5.2M | ▼ 1.8% | Utilities |
 VIVT3 | Telefonica Brasil S.A. | 0.0% | R$6.3K | Trimmed−R$3.0M | ▼ 18.0% | Communications |
 GGBR4 | Gerdau S.A. | 0.0% | R$67.83 | Trimmed−R$4.3K | ▲ 16.1% | Non-Energy Minerals |
Exited this month
Short positions
Borrowed shares the fund has to return
