Butiá
BUTIÁ GESTÃO DE INVESTIMENTOS LTDA.
Portfolio as of March 2026compared with February 2026
In stocks
R$71.7M
Stocks
32
Top 10: 66%
Funds
3
YTD
▲ 16.5%
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$21.4M
- Sells
- −R$15.1M
- New positions
- 5
- Exited
- 4
Sectors
- Finance39.0%
- Utilities16.2%
- BDRs14.1%
- Energy Minerals13.2%
- Transportation5.3%
- Commercial Services3.4%
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 |
|---|---|---|---|---|---|---|
 PRIO3 | Prio SA | 10.5% | R$7.5M | AddedR$1.8M | ▲ 7.6% | Energy Minerals |
 ITUB4 | Itau Unibanco Holding SA | 10.1% | R$7.2M | AddedR$2.0M | ▲ 12.2% | Finance |
 BRAP4 | Bradespar SA | 8.3% | R$5.9M | AddedR$3.7M | ▼ 13.1% | Finance |
 BIYE39 | iShares US Energy ETF | 6.6% | R$4.8M | New | ▲ 7.4% | BDR |
 RENT3 | Localiza Rent A Car SA | 5.9% | R$4.2M | AddedR$906.7K | ▲ 12.5% | Finance |
 MDNE3 | Moura Dubeux Engenharia SA | 5.7% | R$4.1M | AddedR$309.6K | ▼ 5.0% | Finance |
 EQTL3 | Equatorial S.A. | 5.7% | R$4.1M | AddedR$640.1K | ▲ 21.6% | Utilities |
 AXIA3 | AXIA Energia SA | 5.2% | R$3.7M | AddedR$714.4K | ▲ 1.2% | Utilities |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 4.2% | R$3.0M | Trimmed−R$1.5M | ▲ 10.1% | Utilities |
 CURY3 | Cury Construtora e Incorporadora SA | 4.2% | R$3.0M | AddedR$1.2M | ▼ 7.4% | Finance |
 BCOM39 | iShares GSCI Commodity Dynamic Roll Strategy ETF | 3.2% | R$2.3M | New | ▲ 10.3% | BDR |
 SIMH3 | Simpar SA | 3.2% | R$2.3M | AddedR$205.8K | ▲ 45.2% | Transportation |
 PRNR3 | Priner Servicos Industriais SA | 3.0% | R$2.2M | AddedR$431.0K | ▲ 5.7% | Industrial Services |
 GGPS3 | GPS Participacoes e Empreendimentos SA | 2.9% | R$2.0M | Trimmed−R$1.1M | ▼ 2.2% | Commercial Services |
 PETR4 | Petroleo Brasileiro SA | 2.7% | R$2.0M | Held | ▲ 19.6% | Energy Minerals |
 AURA33 | Aura Minerals Inc | 2.5% | R$1.8M | Trimmed−R$1.2M | ▲ 1.4% | BDR |
 EMBJ3 | Embraer S.A. | 2.2% | R$1.5M | Held | ▲ 18.0% | Electronic Technology |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 2.1% | R$1.5M | Trimmed−R$1.8M | ▲ 26.0% | Finance |
 MILS3 | Mills Locacao Servicos e Logistica S.A. | 2.1% | R$1.5M | Trimmed−R$265.5K | ▲ 17.5% | Finance |
 AXIA7 | AXIA Energia SA | 1.2% | R$853.1K | Held | ▲ 5.0% | Utilities |
 TGMA3 | Tegma Gestao Logistica S.A. | 1.1% | R$766.4K | New | ▲ 61.2% | Transportation |
 AZZA3 | Azzas 2154 SA | 1.1% | R$760.7K | AddedR$298.1K | ▲ 5.7% | Consumer Non-Durables |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 1.0% | R$743.1K | New | ▲ 29.0% | Transportation |
 INBR32 | Inter & Co., Inc. | 1.0% | R$710.4K | Held | ▼ 20.1% | BDR |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 1.0% | R$705.9K | Held | ▲ 33.9% | Consumer Services |
 MATD3 | Hospital Mater Dei SA | 1.0% | R$699.1K | Held | ▲ 11.0% | Health Services |
 BURA39 | Global X Uranium ETF | 0.8% | R$548.5K | AddedR$279.7K | ▼ 29.9% | BDR |
 VIVA3 | Vivara Participacoes SA | 0.6% | R$418.7K | Trimmed−R$194.3K | ▲ 6.6% | Consumer Durables |
 TTEN3 | Tres Tentos Agroindustrial SA | 0.5% | R$380.8K | Trimmed−R$1.1M | ▼ 12.9% | Commercial Services |
 CYRE4 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.5% | R$328.1K | New | ▲ 29.2% | Finance |
 RENT4 | Localiza Rent A Car SA | 0.2% | R$126.9K | Held | ▲ 13.4% | Finance |
 POMO4 | Marcopolo SA | 0.0% | R$12.4K | Trimmed−R$324.9K | ▼ 20.2% | Producer Manufacturing |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| BUTIÁ EXCELLENCE PREVIDÊNCIA | Previdência Multimercado Livre | R$124.0M | ▲ 10.9% | ▲ 14.3% | May/26 |
| CAMPECHE | Ações Invest. no Exterior | R$87.9M | ▲ 16.3% | ▲ 24.8% | Dec/25 |
| BUTIÁ FUNDAMENTAL | Ações Livre | R$59.4M | ▲ 28.4% | ▲ 39.4% | Mar/26 |
Past performance is no guarantee of future results.