Andbank

ANDBANK GESTAO DE PATRIMONIO FINANCEIRO LTDA

Portfolio as of March 2026compared with February 2026

In stocks

R$40.9M

Stocks

Top 10: 62%

Funds

YTD

▲ 25.9%

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$7.7M
Sells: −R$6.2M
New positions: 2
Exited: 2

Sectors

Finance31.2%
Communications9.5%
Non-Energy Minerals7.7%
Consumer Durables7.6%
Transportation7.3%
Other6.2%

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
FIQE3	Unifique Telecomunicacoes SA	9.5%	R$3.9M	AddedR$280.4K	▼ 10.8%	Communications
VALE3	Vale S.A.	7.7%	R$3.1M	AddedR$453.6K	▼ 20.7%	Non-Energy Minerals
TGMA3	Tegma Gestao Logistica S.A.	7.3%	R$3.0M	AddedR$469.2K	▲ 61.2%	Transportation
ODPV3	–	6.2%	R$2.6M	Trimmed−R$67.2K	–	Other
MILS3	Mills Locacao Servicos e Logistica S.A.	6.2%	R$2.5M	AddedR$656.9K	▲ 17.5%	Finance
PSSA3	Porto Seguro S.A.	5.4%	R$2.2M	AddedR$479.8K	▲ 4.2%	Finance
RENT3	Localiza Rent A Car SA	5.3%	R$2.2M	AddedR$540.3K	▲ 12.5%	Finance
RDOR3	Rede D'Or Sao Luiz SA	5.0%	R$2.0M	Trimmed−R$389.7K	▲ 13.1%	Health Services
ABCB4	Banco ABC Brasil SA Conv	5.0%	R$2.0M	AddedR$1.0M	▲ 17.5%	Finance
GGPS3	GPS Participacoes e Empreendimentos SA	4.8%	R$2.0M	AddedR$1.3M	▼ 2.2%	Commercial Services
ITUB3	Itau Unibanco Holding S.A.	4.7%	R$1.9M	AddedR$107.1K	▲ 23.3%	Finance
ITSA4	Itausa SA	4.6%	R$1.9M	Held	▲ 13.0%	Finance
SHUL4	Schulz S.A.Non-Cum Perp	4.2%	R$1.7M	Trimmed−R$414.4K	▲ 2.3%	Producer Manufacturing
SBFG3	Grupo SBF S.A.	4.1%	R$1.7M	AddedR$215.1K	▼ 3.8%	Retail Trade
TECN3	Technos S.A.	3.8%	R$1.6M	Held	▲ 17.5%	Consumer Durables
VIVA3	Vivara Participacoes SA	3.8%	R$1.6M	AddedR$777.3K	▲ 6.6%	Consumer Durables
ALPK3	Allpark Empreendimentos Participacoes e Servicos S.A.	3.0%	R$1.2M	Trimmed−R$65.9K	▲ 31.0%	Consumer Services
INTB3	Intelbras SA Industria de Telecomunicacao Eletronica Brasileir	2.7%	R$1.1M	Trimmed−R$1.1M	▲ 35.0%	Technology Services
MELI34	MercadoLibre, Inc.	2.4%	R$983.2K	AddedR$204.1K	▲ 5.6%	BDR
ROXO34	Nu Holdings Ltd.	1.5%	R$622.5K	New	▲ 2.2%	BDR
HYPE3	Hypera S.A.	1.4%	R$582.0K	Trimmed−R$349.2K	▲ 17.1%	Health Technology
CSED3	Cruzeiro do Sul Educacional SA	1.3%	R$535.0K	New	▲ 32.7%	Consumer Services