BTG PACTUAL FOCUS
Multimercados Livre · CNPJ 64.026.957/0001-90 · benchmark OUTROS
Portfolio as of June 2026
AUM
R$454.6M
In stocks
R$226.6M
Stocks
75
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 |
|---|---|---|---|---|---|---|
 VALE3 | Vale S.A. | 10.2% | R$23.1M | AddedR$5.1M | ▼ 16.0% | Non-Energy Minerals |
 EQTL3 | Equatorial S.A. | 6.8% | R$15.4M | Held | ▲ 27.3% | Utilities |
 ITUB4 | Itau Unibanco Holding SA | 6.4% | R$14.6M | AddedR$1.6M | ▲ 15.7% | Finance |
 AXIA3 | AXIA Energia SA | 6.2% | R$14.0M | AddedR$1.2M | ▲ 9.0% | Utilities |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 4.4% | R$10.1M | AddedR$806.1K | ▲ 9.8% | Utilities |
 ITSA4 | Itausa SA | 4.4% | R$10.0M | Held | ▲ 18.1% | Finance |
 PETR4 | Petroleo Brasileiro SA | 4.2% | R$9.5M | Held | ▲ 54.0% | Energy Minerals |
 RDOR3 | Rede D'Or Sao Luiz SA | 4.2% | R$9.4M | AddedR$253.4K | ▲ 27.0% | Health Services |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 3.6% | R$8.1M | Trimmed−R$510.6K | ▲ 63.2% | Finance |
 CPFE3 | CPFL Energia S.A. | 2.8% | R$6.4M | AddedR$174.6K | ▲ 11.8% | Utilities |
 BBDC4 | Banco Bradesco SA | 2.6% | R$5.9M | Held | ▲ 14.3% | Finance |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 2.6% | R$5.9M | AddedR$5.2M | ▲ 6.0% | Utilities |
 FLRY3 | Fleury SA | 2.5% | R$5.7M | AddedR$189.4K | ▲ 83.1% | Health Services |
 PETR3 | Petroleo Brasileiro SA | 2.4% | R$5.5M | Held | ▲ 55.2% | Energy Minerals |
 CBAV3 | Companhia Brasileira de Aluminio | 2.4% | R$5.5M | Trimmed−R$324.9K | ▲ 4.6% | Non-Energy Minerals |
 CEAB3 | C&A Modas SA | 2.2% | R$5.1M | AddedR$143.0K | ▲ 32.7% | Retail Trade |
 DIRR3 | Direcional Engenharia S.A. | 2.2% | R$5.0M | AddedR$2.1M | ▼ 18.0% | Finance |
 LREN3 | Lojas Renner S.A. | 2.1% | R$4.8M | AddedR$155.0K | ▲ 1.2% | Retail Trade |
 DESK3 | Desktop SA | 2.1% | R$4.7M | AddedR$234.4K | ▲ 8.0% | Communications |
 SUZB3 | Suzano S.A. | 2.0% | R$4.5M | AddedR$170.9K | ▲ 6.7% | Process Industries |
 ALPA4 | Alpargatas SA | 1.9% | R$4.2M | AddedR$438.9K | ▲ 49.3% | Consumer Non-Durables |
 ABEV3 | Ambev SA | 1.7% | R$4.0M | Held | ▲ 3.4% | Consumer Non-Durables |
 WEGE3 | WEG SA | 1.7% | R$4.0M | Held | ▲ 4.0% | Producer Manufacturing |
 EMBJ3 | Embraer S.A. | 1.5% | R$3.3M | Held | ▲ 11.0% | Electronic Technology |
 XPBR31 | XP Inc. | 1.3% | R$3.0M | New | ▲ 89.4% | BDR |
 ENEV3 | Eneva S.A. | 1.3% | R$2.9M | Held | ▲ 19.8% | Utilities |
 ECOR3 | EcoRodovias Infraestrutura e Logistica S.A. | 1.3% | R$2.9M | AddedR$142.3K | ▲ 84.6% | Transportation |
 ORVR3 | Orizon Valorizacao de Residuos SA | 1.0% | R$2.3M | AddedR$134.5K | ▲ 3.9% | Utilities |
 PRIO3 | Prio SA | 1.0% | R$2.2M | Held | ▲ 36.6% | Energy Minerals |
 VBBR3 | Vibra Energia SA | 0.9% | R$2.0M | Held | ▲ 22.7% | Retail Trade |
 BBSE3 | BB Seguridade Participacoes SA | 0.7% | R$1.7M | Held | ▲ 8.0% | Finance |
 UGPA3 | Ultrapar Participacoes S.A. | 0.7% | R$1.6M | Held | ▲ 52.6% | Retail Trade |
 GGBR4 | Gerdau S.A. | 0.6% | R$1.5M | Held | ▲ 26.3% | Non-Energy Minerals |
 BBDC3 | Banco Bradesco SA | 0.6% | R$1.3M | Held | ▲ 15.6% | Finance |
 RADL3 | Raia Drogasil S.A. | 0.6% | R$1.3M | Held | ▲ 28.6% | Retail Trade |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.5% | R$1.2M | Held | ▲ 8.8% | Utilities |
 TIMS3 | TIM S.A. | 0.4% | R$967.0K | Held | ▼ 12.9% | Communications |
 RAIL3 | Rumo SA | 0.4% | R$935.1K | Held | ▲ 43.7% | Transportation |
 TOTS3 | TOTVS S.A. | 0.4% | R$869.2K | Held | ▲ 46.6% | Technology Services |
 AXIA7 | AXIA Energia SA | 0.4% | R$865.4K | Held | ▲ 12.2% | Utilities |
 MBRF3 | MBRF Global Foods Company S.A. | 0.3% | R$777.9K | Held | ▲ 2.8% | Consumer Non-Durables |
 CXSE3 | Caixa Seguridade Participacoes SA | 0.3% | R$672.2K | Held | ▲ 8.0% | Finance |
 ASAI3 | Sendas Distribuidora SA | 0.3% | R$660.3K | Held | ▲ 60.0% | Retail Trade |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.3% | R$578.4K | Held | ▲ 49.5% | Finance |
 PSSA3 | Porto Seguro S.A. | 0.2% | R$538.5K | Held | ▼ 0.6% | Finance |
 BRAV3 | Brava Energia SA | 0.2% | R$507.2K | Held | ▲ 8.7% | Energy Minerals |
 POMO4 | Marcopolo SA | 0.2% | R$501.9K | Held | ▼ 17.4% | Producer Manufacturing |
 CSAN3 | Cosan S.A. | 0.2% | R$470.2K | Held | ▲ 42.4% | Utilities |
 GOAU4 | Metalurgica Gerdau SA | 0.2% | R$434.9K | Held | ▲ 29.5% | Non-Energy Minerals |
 NATU3 | Natura Cosmeticos SA | 0.2% | R$416.3K | Held | ▼ 12.4% | Consumer Non-Durables |
 CMIN3 | CSN Mineracao SA | 0.2% | R$390.8K | Held | ▲ 19.6% | Non-Energy Minerals |
 HYPE3 | Hypera S.A. | 0.2% | R$379.7K | Held | ▲ 30.9% | Health Technology |
 BRAP4 | Bradespar SA | 0.1% | R$315.0K | Held | ▼ 9.2% | Finance |
 TEND3 | Construtora Tenda SA | 0.1% | R$313.9K | Held | ▼ 21.8% | Finance |
 CURY3 | Cury Construtora e Incorporadora SA | 0.1% | R$309.4K | Trimmed−R$340.3K | ▼ 6.6% | Finance |
 INTB3 | Intelbras SA Industria de Telecomunicacao Eletronica Brasileir | 0.1% | R$297.7K | Held | ▲ 40.5% | Technology Services |
 ABCB4 | Banco ABC Brasil SA Conv | 0.1% | R$253.2K | Held | ▲ 25.6% | Finance |
 LEVE3 | Mahle-Metal Leve S.A. | 0.1% | R$251.6K | Held | ▲ 18.2% | Producer Manufacturing |
 USIM5 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 0.1% | R$248.9K | Held | ▼ 19.8% | Non-Energy Minerals |
 COGN3 | Cogna Educacao S.A. | 0.1% | R$245.6K | Held | ▲ 44.4% | Commercial Services |
Exited this month
Short positions
Borrowed shares the fund has to return
