4UM
4UM GESTÃO DE RECURSOS LTDA.
Portfolio as of March 2026compared with February 2026
In stocks
R$900.3M
Stocks
51
Top 10: 62%
Funds
4
YTD
▲ 17.4%
AUM-weighted average
Past performance is no guarantee of future results.
Disclosed so far
Stock holdings disclosed each month
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Funds can keep positions confidential for up to 180 days, so recent months show up incomplete (hatched) until the confidentiality period ends. The portfolio shown is from the last complete month.
This month
- Buys
- +R$33.6M
- Sells
- −R$44.7M
- New positions
- 1
- Exited
- 1
Sectors
- Finance24.5%
- Commercial Services13.1%
- Technology Services10.4%
- Industrial Services9.2%
- Utilities8.5%
- Producer Manufacturing8.3%
Portfolio
All of the manager's funds combined · since then: today's price vs. Mar/26
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 BMOB3 | Bemobi Mobile Tech SA | 10.2% | R$92.3M | Trimmed−R$24.2M | ▲ 24.6% | Technology Services |
 LOGG3 | Log Commercial Properties e Participacoes SA | 9.2% | R$82.8M | Held | ▲ 10.4% | Industrial Services |
 OPCT3 | OceanPact Servicos Maritimos SA | 7.6% | R$68.5M | Held | ▲ 7.0% | Commercial Services |
 ITUB4 | Itau Unibanco Holding SA | 6.2% | R$56.0M | Held | ▲ 12.2% | Finance |
 LAVV3 | LAVVI Empreendimentos Imobiliarios SA | 5.9% | R$52.7M | Held | ▲ 9.5% | Finance |
 VLID3 | Valid Solucoes SA | 5.5% | R$49.5M | Trimmed−R$7.5M | ▲ 0.2% | Commercial Services |
 PETR4 | Petroleo Brasileiro SA | 4.7% | R$42.2M | Held | ▲ 19.6% | Energy Minerals |
 BBDC4 | Banco Bradesco SA | 4.5% | R$40.8M | Held | ▲ 7.9% | Finance |
 RAPT4 | Randoncorp S.A. | 4.3% | R$39.1M | AddedR$10.6M | ▲ 47.2% | Producer Manufacturing |
 CPLE3 | Companhia Paranaense de Energia | 4.3% | R$38.8M | AddedR$1.7M | ▲ 14.4% | Utilities |
 VITT3 | Vittia S.A. | 4.0% | R$36.0M | Trimmed−R$2.4M | ▼ 8.8% | Process Industries |
 TUPY3 | Tupy S.A. | 3.7% | R$33.5M | AddedR$16.7M | ▲ 51.6% | Producer Manufacturing |
 VALE3 | Vale S.A. | 3.6% | R$32.5M | Held | ▼ 20.7% | Non-Energy Minerals |
 AXIA6 | – | 2.8% | R$24.8M | AddedR$3.9M | – | Other |
 VBBR3 | Vibra Energia SA | 2.5% | R$22.2M | Held | ▲ 16.0% | Retail Trade |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 2.2% | R$19.9M | Held | ▲ 10.1% | Utilities |
 ALOS3 | Allos S.A. | 2.2% | R$19.5M | Held | ▲ 17.7% | Finance |
 TIMS3 | TIM S.A. | 2.0% | R$17.6M | Held | ▼ 30.7% | Communications |
 VULC3 | Vulcabras SA | 1.8% | R$16.4M | Held | ▼ 6.2% | Consumer Non-Durables |
 BBSE3 | BB Seguridade Participacoes SA | 1.5% | R$13.9M | Held | ▲ 21.5% | Finance |
 CXSE3 | Caixa Seguridade Participacoes SA | 1.4% | R$12.9M | Held | ▲ 16.0% | Finance |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 1.2% | R$11.2M | Held | ▼ 6.2% | Utilities |
 FLRY3 | Fleury SA | 0.8% | R$7.5M | Held | ▲ 77.0% | Health Services |
 KLBN11 | Klabin SA Ctf de Deposito de Acoes Cons of 1 Sh + 4 | 0.8% | R$7.1M | AddedR$618.7K | ▼ 5.6% | Non-Energy Minerals |
 UCAS3 | Unicasa Industria de Moveis S.A. | 0.8% | R$7.0M | Held | ▼ 14.8% | Consumer Durables |
 TGMA3 | Tegma Gestao Logistica S.A. | 0.8% | R$6.8M | Held | ▲ 61.2% | Transportation |
 CURY3 | Cury Construtora e Incorporadora SA | 0.7% | R$6.4M | Held | ▼ 7.4% | Finance |
 ABCB4 | Banco ABC Brasil SA Conv | 0.7% | R$6.2M | Held | ▲ 17.5% | Finance |
 DIRR3 | Direcional Engenharia S.A. | 0.6% | R$5.8M | Held | ▼ 14.1% | Finance |
 WHRL4 | Whirlpool SA | 0.6% | R$5.0M | Trimmed−R$846.1K | ▼ 10.5% | Consumer Durables |
 PRIO3 | Prio SA | 0.3% | R$3.0M | Held | ▲ 7.6% | Energy Minerals |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 0.2% | R$2.2M | Held | ▲ 2.8% | Utilities |
 ENEV3 | Eneva S.A. | 0.2% | R$2.2M | Held | ▲ 30.4% | Utilities |
 WEGE3 | WEG SA | 0.2% | R$2.1M | Held | ▼ 4.4% | Producer Manufacturing |
 ITSA4 | Itausa SA | 0.2% | R$1.9M | Held | ▲ 13.0% | Finance |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 0.2% | R$1.8M | Held | ▲ 28.9% | Finance |
 BBAS3 | Banco do Brasil S.A. | 0.2% | R$1.6M | Held | ▲ 5.2% | Finance |
 BRAV3 | Brava Energia SA | 0.1% | R$1.3M | Held | ▲ 1.9% | Energy Minerals |
 TOTS3 | TOTVS S.A. | 0.1% | R$1.3M | Held | ▲ 20.4% | Technology Services |
 EQTL3 | Equatorial S.A. | 0.1% | R$1.3M | Held | ▲ 21.6% | Utilities |
 RAIL3 | Rumo SA | 0.1% | R$1.2M | Held | ▲ 18.8% | Transportation |
 SLCE3 | SLC Agricola S.A. | 0.1% | R$1.1M | Held | ▼ 8.7% | Process Industries |
 AXIA3 | AXIA Energia SA | 0.1% | R$1.0M | Held | ▲ 1.2% | Utilities |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.1% | R$770.4K | Held | ▲ 26.0% | Finance |
 ABEV3 | Ambev SA | 0.1% | R$767.4K | Held | ▲ 10.5% | Consumer Non-Durables |
 GGBR4 | Gerdau S.A. | 0.1% | R$683.8K | Held | ▲ 38.2% | Non-Energy Minerals |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 0.1% | R$534.6K | Held | ▲ 33.9% | Consumer Services |
 RADL3 | Raia Drogasil S.A. | 0.0% | R$441.6K | Held | ▼ 8.2% | Retail Trade |
 AXIA7 | AXIA Energia SA | 0.0% | R$203.8K | Held | ▲ 5.0% | Utilities |
 BRBI11 | BRBI BR Partners S.A. | 0.0% | R$197.7K | Trimmed−R$236.4K | ▼ 1.8% | Finance |
 CYRE4 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.0% | R$99.7K | New | ▲ 29.2% | Finance |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| 4UM SMALL CAPS | Ações Small Caps | R$581.7M | ▲ 13.7% | ▲ 21.3% | Mar/26 |
| 4UM MARLIM DIVIDENDOS | Ações Dividendos | R$424.2M | ▲ 20.1% | ▲ 29.2% | Mar/26 |
| JUNTO PARTICIPAÇÕES | Ações Livre | R$65.5M | ▲ 20.6% | ▲ 29.3% | Mar/26 |
| FCOPEL | Ações Livre | R$60.6M | ▲ 30.4% | ▲ 42.3% | Sep/26 |
Past performance is no guarantee of future results.