Atmos Capital
ATMOS CAPITAL GESTÃO DE RECURSOS LTDA
Portfolio as of March 2026compared with February 2026
In stocks
R$8.6B
Stocks
24
Top 10: 85%
Funds
4
YTD
▲ 20.4%
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$481.3M
- Sells
- −R$237.0M
- New positions
- 2
- Exited
- 1
Sectors
- Utilities50.5%
- Finance22.0%
- Other9.4%
- Health Services5.6%
- Transportation4.9%
- Consumer Services4.1%
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 |
|---|---|---|---|---|---|---|
 EQTL3 | Equatorial S.A. | 17.2% | R$1.5B | Held | ▲ 21.6% | Utilities |
 ENEV3 | Eneva S.A. | 16.8% | R$1.4B | AddedR$49.0M | ▲ 30.4% | Utilities |
 RENT3 | Localiza Rent A Car SA | 13.8% | R$1.2B | Trimmed−R$35.0M | ▲ 12.5% | Finance |
 AXIA3 | AXIA Energia SA | 7.4% | R$634.8M | Trimmed−R$146.2M | ▲ 1.2% | Utilities |
 ITSA4 | Itausa SA | 6.1% | R$518.7M | Held | ▲ 13.0% | Finance |
 RDOR3 | Rede D'Or Sao Luiz SA | 5.5% | R$468.9M | Held | ▲ 13.1% | Health Services |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 4.9% | R$414.9M | Held | ▲ 29.0% | Transportation |
 AURE3 | Auren Energia SA | 4.7% | R$398.7M | Held | ▲ 27.3% | Utilities |
 PASS5 | – | 4.3% | R$367.1M | Held | – | Other |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 4.1% | R$352.7M | Held | ▲ 33.9% | Consumer Services |
 SALT3 | – | 4.0% | R$344.1M | New | – | Other |
 AXIA7 | AXIA Energia SA | 2.4% | R$201.7M | Trimmed−R$36.3M | ▲ 5.0% | Utilities |
 TOTS3 | TOTVS S.A. | 2.3% | R$199.5M | AddedR$25.1M | ▲ 20.4% | Technology Services |
 CPLE3 | Companhia Paranaense de Energia | 1.6% | R$135.1M | Held | ▲ 14.4% | Utilities |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 1.4% | R$116.1M | AddedR$23.2M | ▲ 19.3% | Finance |
 AXIA6 | – | 0.9% | R$74.4M | Held | – | Other |
 DESK3 | Desktop SA | 0.7% | R$57.0M | Held | ▲ 6.8% | Communications |
 RENT4 | Localiza Rent A Car SA | 0.6% | R$55.5M | AddedR$12.8M | ▲ 13.4% | Finance |
 BRST3 | Brisanet Servicos de Telecomunicacoes S.A. | 0.6% | R$48.3M | Held | ▲ 8.9% | Communications |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 0.5% | R$39.9M | Held | ▲ 2.8% | Utilities |
 SALT5 | – | 0.2% | R$17.6M | New | – | Other |
 ITUB4 | Itau Unibanco Holding SA | 0.1% | R$10.1M | AddedR$9.5M | ▲ 12.2% | Finance |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.1% | R$9.2M | Held | ▼ 5.4% | Health Services |
 VIVT3 | Telefonica Brasil S.A. | 0.0% | R$1.2M | Trimmed−R$344.7K | ▼ 21.9% | Communications |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| ATMOS MASTER | Ações Livre | R$12.0B | ▲ 20.2% | ▲ 27.7% | Mar/26 |
| ATMOS INSTITUCIONAL MASTER | Ações Livre | R$469.3M | ▲ 24.2% | ▲ 30.4% | Mar/26 |
| ATMOS MASTER PREVIDÊNCIA | Previdência Ações Ativo | R$186.0M | ▲ 20.5% | ▲ 26.5% | Mar/26 |
| ATMOS SOL | Ações Livre | R$78.7M | ▲ 28.2% | ▲ 32.8% | Mar/26 |
Past performance is no guarantee of future results.