Bogari
BOGARI GESTÃO DE INVESTIMENTOS LTDA.
Portfolio as of March 2026compared with February 2026
In stocks
R$435.0M
Stocks
22
Top 10: 80%
Funds
2
YTD
▲ 19.8%
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$46.7M
- Sells
- −R$26.8M
- New positions
- 1
- Exited
- 1
Sectors
- Finance30.0%
- Utilities26.6%
- Retail Trade13.7%
- Transportation9.3%
- Consumer Services6.2%
- Energy Minerals5.6%
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 |
|---|---|---|---|---|---|---|
 RENT3 | Localiza Rent A Car SA | 21.9% | R$95.5M | Trimmed−R$2.7M | ▲ 12.5% | Finance |
 EQTL3 | Equatorial S.A. | 10.9% | R$47.6M | Held | ▲ 21.6% | Utilities |
 VBBR3 | Vibra Energia SA | 8.7% | R$37.6M | Held | ▲ 16.0% | Retail Trade |
 CPLE3 | Companhia Paranaense de Energia | 8.3% | R$36.1M | Held | ▲ 14.4% | Utilities |
 ITSA4 | Itausa SA | 5.7% | R$25.0M | Held | ▲ 13.0% | Finance |
 PRIO3 | Prio SA | 5.6% | R$24.4M | Trimmed−R$18.1M | ▲ 7.6% | Energy Minerals |
 ASAI3 | Sendas Distribuidora SA | 5.0% | R$22.0M | AddedR$4.6M | ▲ 47.5% | Retail Trade |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 4.9% | R$21.2M | AddedR$7.8M | ▲ 29.0% | Transportation |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 4.7% | R$20.4M | AddedR$3.7M | ▲ 33.9% | Consumer Services |
 SUZB3 | Suzano S.A. | 4.6% | R$20.0M | Held | ▼ 18.3% | Process Industries |
 RAIL3 | Rumo SA | 4.4% | R$19.2M | AddedR$3.6M | ▲ 18.8% | Transportation |
 AXIA7 | AXIA Energia SA | 3.8% | R$16.3M | New | ▲ 5.0% | Utilities |
 BRST3 | Brisanet Servicos de Telecomunicacoes S.A. | 3.0% | R$12.8M | Held | ▲ 8.9% | Communications |
 RENT4 | Localiza Rent A Car SA | 2.3% | R$10.0M | AddedR$6.4M | ▲ 13.4% | Finance |
 CSAN3 | Cosan S.A. | 2.0% | R$8.5M | AddedR$4.3M | ▼ 2.0% | Utilities |
 COCE5 | Companhia Energetica do Ceara-COELCE | 1.7% | R$7.3M | Held | ▲ 21.0% | Utilities |
 CSED3 | Cruzeiro do Sul Educacional SA | 1.6% | R$6.8M | Trimmed−R$854.4K | ▲ 32.7% | Consumer Services |
 STOC34 | StoneCo Ltd. | 0.4% | R$1.9M | Trimmed−R$59.0K | ▼ 17.3% | BDR |
 MELI34 | MercadoLibre, Inc. | 0.4% | R$1.8M | Trimmed−R$85.8K | ▲ 5.6% | BDR |
 AMZO34 | Amazon.com, Inc. | 0.1% | R$541.1K | Held | ▲ 22.1% | BDR |
 ROXO34 | Nu Holdings Ltd. | 0.0% | R$209.4K | Trimmed−R$8.6K | ▲ 2.2% | BDR |
 ITUB4 | Itau Unibanco Holding SA | 0.0% | R$1.5K | Held | ▲ 12.2% | Finance |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| BOGARI VALUE MASTER II | Ações Valor/Crescimento | R$524.6M | ▲ 20.1% | ▲ 21.0% | Mar/26 |
| BOGARI VALUE MASTER | Ações Valor/Crescimento | R$136.2M | ▲ 18.9% | ▲ 19.5% | Mar/26 |
Past performance is no guarantee of future results.