E2M
E2M INVESTIMENTOS LTDA.
Portfolio as of June 2026compared with May 2026
In stocks
R$51.2M
Stocks
51
Top 10: 89%
Funds
1
YTD
▲ 19.5%
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$2.1M
- Sells
- −R$7.0M
- New positions
- 9
- Exited
- 5
Sectors
- Finance67.8%
- Producer Manufacturing9.4%
- Utilities8.1%
- Consumer Services4.5%
- Consumer Non-Durables3.6%
- Non-Energy Minerals2.0%
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 |
|---|---|---|---|---|---|---|
 BBDC3 | Banco Bradesco SA | 31.0% | R$15.9M | Trimmed−R$2.0M | ▲ 15.6% | Finance |
 ITSA3 | Itausa SA | 29.8% | R$15.3M | Trimmed−R$679.4K | ▲ 16.7% | Finance |
 COCE5 | Companhia Energetica do Ceara-COELCE | 5.5% | R$2.8M | Held | ▲ 25.8% | Utilities |
 ITSA4 | Itausa SA | 5.0% | R$2.6M | AddedR$855.0K | ▲ 18.1% | Finance |
 MEAL3 | International Meal Company Alimentacao SA | 4.5% | R$2.3M | Held | ▼ 1.0% | Consumer Services |
 RAPT3 | Randoncorp S.A. | 4.3% | R$2.2M | Held | ▲ 139.2% | Producer Manufacturing |
 DXCO3 | Dexco SA | 2.5% | R$1.3M | AddedR$183.9K | ▲ 66.4% | Producer Manufacturing |
 MYPK3 | Iochpe Maxion S.A. | 2.5% | R$1.3M | Trimmed−R$99.2K | ▲ 33.8% | Producer Manufacturing |
 VSTE3 | Veste S.A. Estilo | 2.2% | R$1.1M | Trimmed−R$34.1K | ▲ 5.4% | Consumer Non-Durables |
 ISAE4 | Isa Energia Brasil SA | 1.9% | R$950.1K | Trimmed−R$410.4K | ▲ 3.5% | Utilities |
 NATU3 | Natura Cosmeticos SA | 1.4% | R$707.1K | AddedR$104.8K | ▼ 12.4% | Consumer Non-Durables |
 FESA4 | Cia de Ferro Ligas da Bahia-Ferbasa | 1.2% | R$638.3K | AddedR$47.3K | ▲ 12.7% | Non-Energy Minerals |
 BRSR6 | Banco do Estado do Rio Grande do Sul SA | 1.0% | R$535.8K | Trimmed−R$19.4K | ▲ 31.0% | Finance |
 PETR4 | Petroleo Brasileiro SA | 0.9% | R$446.0K | Trimmed−R$1.7M | ▲ 54.0% | Energy Minerals |
 VALE3 | Vale S.A. | 0.7% | R$342.7K | AddedR$132.4K | ▼ 16.0% | Non-Energy Minerals |
 CSAN3 | Cosan S.A. | 0.6% | R$320.8K | Held | ▲ 42.4% | Utilities |
 SUZB3 | Suzano S.A. | 0.6% | R$298.1K | AddedR$99.4K | ▲ 6.7% | Process Industries |
 BBAS3 | Banco do Brasil S.A. | 0.5% | R$268.8K | AddedR$59.7K | ▲ 21.5% | Finance |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 0.4% | R$229.7K | Held | ▼ 6.5% | Health Services |
 RIAA3 | RIACHUELO | 0.4% | R$220.3K | AddedR$169.1K | ▲ 22.5% | Distribution Services |
 PETR3 | Petroleo Brasileiro SA | 0.4% | R$183.8K | New | ▲ 55.2% | Energy Minerals |
 JALL3 | Jalles Machado SA | 0.3% | R$165.8K | Held | ▲ 38.9% | Process Industries |
 DISB34 | Walt Disney Company | 0.3% | R$143.3K | Held | ▲ 12.8% | BDR |
 BRAP3 | Bradespar S.A. | 0.2% | R$110.8K | Trimmed−R$43.9K | ▼ 4.5% | Finance |
 PNVL3 | Dimed S.A. Distribuidora de Medicamentos | 0.2% | R$104.4K | AddedR$16.5K | ▲ 46.0% | Retail Trade |
 SIMH3 | Simpar SA | 0.2% | R$94.8K | Held | ▲ 114.1% | Transportation |
 AMZO34 | Amazon.com, Inc. | 0.1% | R$71.1K | New | ▲ 6.4% | BDR |
 DEOP34 | Diageo PLC ADR | 0.1% | R$69.0K | AddedR$2.3K | ▲ 13.9% | BDR |
 AMBP3 | Ambipar Participacoes e Empreendimentos SA | 0.1% | R$68.0K | Held | ▼ 11.8% | Commercial Services |
 UGPA3 | Ultrapar Participacoes S.A. | 0.1% | R$52.1K | AddedR$26.1K | ▲ 52.6% | Retail Trade |
 SBFG3 | Grupo SBF S.A. | 0.1% | R$51.6K | AddedR$20.6K | ▲ 14.5% | Retail Trade |
 LIGT3 | Light S.A. | 0.1% | R$49.5K | Held | ▲ 14.5% | Utilities |
 EUCA4 | Eucatex S.A. Industria E Comercio | 0.1% | R$47.6K | New | ▲ 8.9% | Non-Energy Minerals |
 RAIL3 | Rumo SA | 0.1% | R$40.3K | Held | ▲ 43.7% | Transportation |
 WIZC3 | WIZ Co Participacoes e Corretagem de Seguros SA | 0.1% | R$39.8K | Held | ▼ 8.6% | Finance |
 AMER3 | Americanas SA | 0.1% | R$38.4K | New | ▲ 79.7% | Retail Trade |
 MOVI3 | Movida Participacoes SA | 0.1% | R$28.2K | New | ▲ 112.6% | Finance |
 DASA3 | Diagnosticos da America S.A. | 0.1% | R$27.1K | Held | ▲ 108.1% | Health Services |
 XPBR31 | XP Inc. | 0.0% | R$25.2K | Held | ▲ 89.4% | BDR |
 PFIZ34 | Pfizer Inc | 0.0% | R$21.7K | Trimmed−R$12.4K | ▲ 21.6% | BDR |
 RAPT4 | Randoncorp S.A. | 0.0% | R$20.0K | AddedR$19.6K | ▲ 83.6% | Producer Manufacturing |
 CSNA3 | Companhia Siderurgica Nacional | 0.0% | R$11.6K | New | ▲ 30.1% | Non-Energy Minerals |
 PCAR3 | Companhia Brasileira de Distribuicao | 0.0% | R$11.6K | Trimmed−R$11.6K | ▲ 35.1% | Retail Trade |
 BRAP4 | Bradespar SA | 0.0% | R$11.0K | New | ▼ 9.2% | Finance |
 BHIA3 | Grupo Casas Bahia S.A. | 0.0% | R$7.8K | Held | ▼ 35.6% | Retail Trade |
 S2GM34 | Sigma Lithium Corporation | 0.0% | R$6.6K | New | ▼ 35.1% | BDR |
 RADL3 | Raia Drogasil S.A. | 0.0% | R$5.0K | New | ▲ 28.6% | Retail Trade |
 USIM5 | Usinas Siderurgicas de Minas Gerais SA-Usiminas | 0.0% | R$4.2K | Trimmed−R$38.0K | ▼ 19.8% | Non-Energy Minerals |
 TCSA3 | Tecnisa S.A. | 0.0% | R$4.1K | Held | ▲ 1.2% | Finance |
 AMAR3 | Marisa Lojas S.A. | 0.0% | R$4.0K | Held | ▲ 29.5% | Retail Trade |
 PDGR3 | PDG Realty SA Empreendimentos e Participacoes | 0.0% | R$5.6 | Held | ▼ 81.4% | Finance |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| E2M INTRUST | Ações Livre | R$79.6M | ▲ 19.5% | ▲ 27.2% | Jun/26 |
Past performance is no guarantee of future results.