ACE Capital
ACE CAPITAL GESTORA DE RECURSOS LTDA.
Portfolio as of June 2026compared with May 2026
In stocks
R$620.2M
Stocks
89
Top 10: 51%
Funds
8
YTD
▲ 18.9%
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$62.5M
- Sells
- −R$41.0M
- New positions
- 1
- Exited
- 1
Sectors
- Finance33.1%
- Utilities24.4%
- Non-Energy Minerals9.9%
- Energy Minerals6.3%
- Producer Manufacturing3.7%
- Distribution Services3.5%
Portfolio
All of the manager's funds combined · since then: today's price vs. Jun/26
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 ITUB4 | Itau Unibanco Holding SA | 10.7% | R$66.4M | AddedR$5.2M | ▲ 15.7% | Finance |
 VALE3 | Vale S.A. | 7.9% | R$49.2M | AddedR$1.7M | ▼ 16.0% | Non-Energy Minerals |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 5.6% | R$34.5M | Held | ▲ 9.8% | Utilities |
 PETR4 | Petroleo Brasileiro SA | 5.3% | R$33.0M | Trimmed−R$710.6K | ▲ 54.0% | Energy Minerals |
 CPLE3 | Companhia Paranaense de Energia | 4.9% | R$30.6M | Trimmed−R$687.9K | ▲ 17.5% | Utilities |
 AXIA3 | AXIA Energia SA | 4.0% | R$24.7M | AddedR$19.1M | ▲ 9.0% | Utilities |
 EMBJ3 | Embraer S.A. | 3.5% | R$21.5M | AddedR$1.5M | ▲ 11.0% | Electronic Technology |
 BBDC4 | Banco Bradesco SA | 3.2% | R$19.9M | Held | ▲ 14.3% | Finance |
 EQTL3 | Equatorial S.A. | 2.9% | R$18.0M | Held | ▲ 27.3% | Utilities |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 2.8% | R$17.4M | AddedR$5.6M | ▲ 49.5% | Finance |
 RENT3 | Localiza Rent A Car SA | 2.8% | R$17.3M | Held | ▲ 27.3% | Finance |
 BEEF3 | Minerva S.A. | 2.7% | R$16.5M | Held | ▲ 16.7% | Distribution Services |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 2.4% | R$14.7M | Trimmed−R$581.3K | ▲ 6.0% | Utilities |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 2.4% | R$14.6M | Held | ▲ 29.7% | Finance |
 AXIA7 | AXIA Energia SA | 2.3% | R$14.5M | AddedR$13.1M | ▲ 12.2% | Utilities |
 BBDC3 | Banco Bradesco SA | 2.3% | R$14.5M | Held | ▲ 15.6% | Finance |
 TEND3 | Construtora Tenda SA | 2.1% | R$13.1M | Held | ▼ 21.8% | Finance |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 2.1% | R$13.1M | AddedR$319.7K | ▲ 63.2% | Finance |
 RDOR3 | Rede D'Or Sao Luiz SA | 2.1% | R$12.8M | Held | ▲ 27.0% | Health Services |
 ECOR3 | EcoRodovias Infraestrutura e Logistica S.A. | 2.0% | R$12.1M | Held | ▲ 84.6% | Transportation |
 WEGE3 | WEG SA | 1.9% | R$12.1M | Held | ▲ 4.0% | Producer Manufacturing |
 CBAV3 | Companhia Brasileira de Aluminio | 1.6% | R$9.7M | Held | ▲ 4.6% | Non-Energy Minerals |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 1.5% | R$9.5M | Held | ▲ 30.3% | Consumer Services |
 ISAE4 | Isa Energia Brasil SA | 1.5% | R$9.5M | Held | ▲ 3.5% | Utilities |
 TOTS3 | TOTVS S.A. | 1.4% | R$8.8M | AddedR$8.0M | ▲ 46.6% | Technology Services |
 ITSA4 | Itausa SA | 1.3% | R$8.2M | Held | ▲ 18.1% | Finance |
 BRAP4 | Bradespar SA | 1.2% | R$7.2M | Held | ▼ 9.2% | Finance |
 SUZB3 | Suzano S.A. | 1.0% | R$6.2M | Held | ▲ 6.7% | Process Industries |
 DXCO3 | Dexco SA | 1.0% | R$5.9M | Held | ▲ 66.4% | Producer Manufacturing |
 AZZA3 | Azzas 2154 SA | 0.9% | R$5.9M | AddedR$5.8M | ▲ 52.0% | Consumer Non-Durables |
 RIAA3 | RIACHUELO | 0.9% | R$5.4M | Held | ▲ 22.5% | Distribution Services |
 LWSA3 | LWSA S.A. | 0.9% | R$5.3M | Held | ▲ 40.3% | Technology Services |
 VBBR3 | Vibra Energia SA | 0.8% | R$5.1M | Held | ▲ 22.7% | Retail Trade |
 RAPT4 | Randoncorp S.A. | 0.8% | R$5.0M | Trimmed−R$992.3K | ▲ 83.6% | Producer Manufacturing |
 LREN3 | Lojas Renner S.A. | 0.7% | R$4.4M | AddedR$93.0K | ▲ 1.2% | Retail Trade |
 MRVE3 | MRV Engenharia e Participacoes S.A. | 0.7% | R$4.4M | AddedR$1.0M | ▲ 58.1% | Consumer Durables |
 PINE4 | Banco PINE S.A. | 0.7% | R$4.4M | Trimmed−R$1.8M | ▲ 38.1% | Finance |
 EZTC3 | EZ TEC Empreendimentos e Participacoes SA | 0.6% | R$3.7M | Held | ▲ 45.8% | Finance |
 RADL3 | Raia Drogasil S.A. | 0.6% | R$3.6M | Trimmed−R$1.0M | ▲ 28.6% | Retail Trade |
 PETR3 | Petroleo Brasileiro SA | 0.5% | R$3.4M | Trimmed−R$289.3K | ▲ 55.2% | Energy Minerals |
 TSMC34 | Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 0.4% | R$2.7M | Held | ▼ 12.9% | BDR |
 ENEV3 | Eneva S.A. | 0.4% | R$2.7M | AddedR$130.9K | ▲ 19.8% | Utilities |
 ABEV3 | Ambev SA | 0.4% | R$2.6M | AddedR$161.3K | ▲ 3.4% | Consumer Non-Durables |
 PRIO3 | Prio SA | 0.3% | R$2.1M | AddedR$46.9K | ▲ 36.6% | Energy Minerals |
 BBAS3 | Banco do Brasil S.A. | 0.3% | R$2.0M | AddedR$43.8K | ▲ 21.5% | Finance |
 NATU3 | Natura Cosmeticos SA | 0.3% | R$1.8M | AddedR$44.5K | ▼ 12.4% | Consumer Non-Durables |
 UGPA3 | Ultrapar Participacoes S.A. | 0.2% | R$1.5M | Held | ▲ 52.6% | Retail Trade |
 GGBR4 | Gerdau S.A. | 0.2% | R$1.4M | Held | ▲ 26.3% | Non-Energy Minerals |
 VIVT3 | Telefonica Brasil S.A. | 0.2% | R$1.3M | AddedR$50.9K | ▼ 5.2% | Communications |
 MATD3 | Hospital Mater Dei SA | 0.2% | R$1.2M | Held | ▲ 31.4% | Health Services |
 PNVL3 | Dimed S.A. Distribuidora de Medicamentos | 0.2% | R$1.1M | Held | ▲ 46.0% | Retail Trade |
 PSSA3 | Porto Seguro S.A. | 0.2% | R$1.1M | Trimmed−R$95.3K | ▼ 0.6% | Finance |
 TIMS3 | TIM S.A. | 0.1% | R$920.7K | AddedR$37.2K | ▼ 12.9% | Communications |
 RAIL3 | Rumo SA | 0.1% | R$911.9K | AddedR$55.1K | ▲ 43.7% | Transportation |
 MBRF3 | MBRF Global Foods Company S.A. | 0.1% | R$757.8K | AddedR$37.9K | ▲ 2.8% | Consumer Non-Durables |
 ALOS3 | Allos S.A. | 0.1% | R$723.9K | AddedR$22.4K | ▲ 27.2% | Finance |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.1% | R$698.5K | AddedR$21.7K | ▲ 8.8% | Utilities |
 RENT4 | Localiza Rent A Car SA | 0.1% | R$682.2K | Held | ▲ 28.5% | Finance |
 HYPE3 | Hypera S.A. | 0.1% | R$659.7K | AddedR$151.9K | ▲ 30.9% | Health Technology |
 ASAI3 | Sendas Distribuidora SA | 0.1% | R$631.0K | Held | ▲ 60.0% | Retail Trade |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| ACE CAPITAL MASTER | Multimercados Macro | R$540.4M | ▲ 15.2% | ▲ 18.7% | Jun/26 |
| ACE CAPITAL ALPHASYS | Multimercados Macro | R$411.1M | ▲ 12.1% | ▲ 19.1% | Jun/26 |
| ACE CAPITAL ACTION MASTER | Multimercados Livre | R$328.5M | ▲ 17.9% | ▲ 20.3% | Jun/26 |
| ACE CAPITAL PREVIDÊNCIA | Previdência Multimercado Livre | R$319.4M | ▲ 14.7% | ▲ 18.0% | Jun/26 |
| ACE CAPITAL W MASTER | Multimercados Macro | R$302.1M | ▲ 18.4% | ▲ 21.1% | Jun/26 |
| ACE CAPITAL ABSOLUTO INSTITUCIONAL MASTER FI FINANCEIRO DE AÇÕES - | Ações Livre | R$226.9M | ▲ 32.3% | ▲ 42.1% | Jun/26 |
| AC PREV EQUITIES | Ações Livre | R$124.3M | ▲ 33.2% | ▲ 38.9% | Aug/26 |
| ACE CAPITAL ABSOLUTO MASTER | Ações Livre | R$119.1M | ▲ 34.8% | ▲ 44.7% | Jun/26 |
Past performance is no guarantee of future results.