Eduardo Brenner
EDUARDO BRENNER
Portfolio as of December 2025compared with November 2025
In stocks
R$797.3M
Stocks
19
Top 10: 93%
Funds
2
YTD
▲ 19.3%
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$14.3M
- Sells
- −R$319.4
- New positions
- 2
- Exited
- 1
Sectors
- Finance42.6%
- Other35.6%
- Retail Trade8.6%
- Commercial Services3.6%
- Process Industries2.9%
- Utilities2.9%
Portfolio
All of the manager's funds combined · since then: today's price vs. Dec/25
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 BPAN4 | – | 35.6% | R$284.1M | Held | – | Other |
 ITSA4 | Itausa SA | 26.6% | R$212.0M | Held | ▲ 35.3% | Finance |
 BRAP3 | Bradespar S.A. | 8.4% | R$66.9M | Held | ▲ 2.2% | Finance |
 CGRA4 | Grazziotin S.A. | 6.4% | R$51.3M | AddedR$7.2M | ▼ 2.6% | Retail Trade |
 UNIP3 | Unipar Carbocloro SA | 2.9% | R$23.4M | Held | ▼ 0.1% | Process Industries |
 VLID3 | Valid Solucoes SA | 2.9% | R$23.2M | Held | ▼ 4.9% | Commercial Services |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 2.8% | R$22.5M | Held | ▲ 38.2% | Finance |
 SCAR3 | Sao Carlos Empreendimentos e Participacoes SA | 2.5% | R$19.8M | Held | ▼ 3.8% | Finance |
 RAPT4 | Randoncorp S.A. | 2.3% | R$18.6M | Held | ▲ 44.6% | Producer Manufacturing |
 RENT3 | Localiza Rent A Car SA | 2.2% | R$17.4M | Held | ▲ 21.3% | Finance |
 CGRA3 | Grazziotin S.A. | 2.1% | R$17.1M | AddedR$2.4M | ▼ 10.7% | Retail Trade |
 AXIA3 | AXIA Energia SA | 1.7% | R$13.8M | Held | ▲ 17.1% | Utilities |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 1.4% | R$11.3M | Held | ▼ 35.2% | Health Services |
 CSAN3 | Cosan S.A. | 0.7% | R$5.6M | Held | ▼ 0.9% | Utilities |
 GGPS3 | GPS Participacoes e Empreendimentos SA | 0.7% | R$5.4M | AddedR$522.9K | ▲ 1.1% | Commercial Services |
 AXIA7 | AXIA Energia SA | 0.4% | R$3.5M | New | ▲ 21.1% | Utilities |
 GFSA3 | Gafisa S.A. | 0.1% | R$642.0K | Held | ▼ 92.7% | Finance |
 RENT4 | Localiza Rent A Car SA | 0.1% | R$638.4K | New | ▲ 23.8% | Finance |
 AMER3 | Americanas SA | 0.0% | R$59.3K | Held | ▲ 34.5% | Retail Trade |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| CLIQUE MASTER AÇÕES | Multimercados Invest. no Exterior | R$1.7B | ▲ 19.7% | ▲ 36.6% | Jun/26 |
| CLIQUE MASTER RENDA FIXA | Multimercados Invest. no Exterior | R$987.1M | ▲ 18.6% | ▲ 25.1% | Jun/26 |
Past performance is no guarantee of future results.