Fact
FACT INVESTMENTS GESTAO DE RECURSOS LTDA
Portfolio as of September 2026compared with August 2026
In stocks
R$273.5M
Stocks
13
Top 10: 96%
Funds
1
YTD
▲ 4.1%
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$23.8M
- New positions
- 1
- Exited
- 0
Sectors
- Utilities25.1%
- Non-Energy Minerals23.9%
- Finance22.0%
- BDRs16.4%
- Energy Minerals12.5%
Portfolio
All of the manager's funds combined · since then: today's price vs. Sep/26
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 VALE3 | Vale S.A. | 23.5% | R$64.3M | Held | ▼ 6.4% | Non-Energy Minerals |
 ITUB4 | Itau Unibanco Holding SA | 18.5% | R$50.5M | Held | ▲ 10.2% | Finance |
 AXIA3 | AXIA Energia SA | 13.3% | R$36.2M | Trimmed−R$19.4M | ▲ 7.0% | Utilities |
 MELI34 | MercadoLibre, Inc. | 12.8% | R$35.1M | Held | ▲ 5.6% | BDR |
 BRAV3 | Brava Energia SA | 6.7% | R$18.4M | Held | ▲ 15.7% | Energy Minerals |
 PETR4 | Petroleo Brasileiro SA | 5.8% | R$15.8M | Held | ▲ 18.5% | Energy Minerals |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 5.2% | R$14.3M | New | ▲ 18.6% | Utilities |
 INBR32 | Inter & Co., Inc. | 3.6% | R$9.9M | Held | ▲ 20.3% | BDR |
 RENT3 | Localiza Rent A Car SA | 3.6% | R$9.7M | Held | ▲ 30.5% | Finance |
 AXIA7 | AXIA Energia SA | 3.0% | R$8.3M | Trimmed−R$3.9M | ▲ 7.6% | Utilities |
 CSAN3 | Cosan S.A. | 2.8% | R$7.5M | Held | ▲ 33.1% | Utilities |
 LIGT3 | Light S.A. | 0.8% | R$2.3M | Held | ▲ 1.6% | Utilities |
 CBAV3 | Companhia Brasileira de Aluminio | 0.4% | R$1.1M | Trimmed−R$484.0K | ▲ 0.4% | Non-Energy Minerals |
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| FACT TOTAL RETURN MASTER | Ações Livre | R$354.3M | ▲ 4.1% | ▲ 9.5% | Sep/26 |
Past performance is no guarantee of future results.