GTI

GTI ADMINISTRAÇÃO DE RECURSOS LTDA

Portfolio as of March 2026compared with February 2026

In stocks

R$378.1M

Stocks

Top 10: 62%

Funds

YTD

▲ 21.2%

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$47.8M
Sells: −R$14.5M
New positions: 1
Exited: 2

Sectors

Finance19.9%
Process Industries19.5%
Non-Energy Minerals11.8%
Communications8.7%
Transportation7.3%
Consumer Services6.7%

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
ITSA4	Itausa SA	10.0%	R$38.0M	AddedR$3.1M	▲ 13.0%	Finance
SUZB3	Suzano S.A.	7.9%	R$29.9M	Held	▼ 18.3%	Process Industries
VALE3	Vale S.A.	7.9%	R$29.8M	AddedR$6.9M	▼ 20.7%	Non-Energy Minerals
SIMH3	Simpar SA	7.3%	R$27.5M	AddedR$2.6M	▲ 45.2%	Transportation
SLCE3	SLC Agricola S.A.	6.6%	R$25.0M	Trimmed−R$2.5M	▼ 8.7%	Process Industries
SMTO3	Sao Martinho S.A.	4.9%	R$18.6M	AddedR$7.7M	▲ 0.3%	Process Industries
TTEN3	Tres Tentos Agroindustrial SA	4.9%	R$18.4M	AddedR$2.4M	▼ 12.9%	Commercial Services
FIQE3	Unifique Telecomunicacoes SA	4.5%	R$17.0M	Trimmed−R$3.0M	▼ 10.8%	Communications
BRST3	Brisanet Servicos de Telecomunicacoes S.A.	4.2%	R$15.9M	Held	▲ 8.9%	Communications
GGBR4	Gerdau S.A.	4.0%	R$15.0M	AddedR$532.0K	▲ 38.2%	Non-Energy Minerals
LOGG3	Log Commercial Properties e Participacoes SA	3.8%	R$14.5M	AddedR$690.8K	▲ 10.4%	Industrial Services
BLAU3	Blau Farmaceutica SA	3.8%	R$14.2M	Held	▲ 24.3%	Health Technology
SEER3	Grupo Ser Educacional SA	3.7%	R$13.8M	AddedR$1.3M	▲ 35.1%	Consumer Services
AZZA3	Azzas 2154 SA	3.5%	R$13.2M	AddedR$5.2M	▲ 5.7%	Consumer Non-Durables
MULT3	Multiplan Empreendimentos Imobiliarios SA	3.4%	R$12.8M	AddedR$3.9M	▲ 19.3%	Finance
IRBR3	IRB Brasil Resseguros SA	3.2%	R$12.2M	AddedR$546.0K	▲ 27.9%	Finance
VAMO3	Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA	3.2%	R$12.1M	AddedR$1.1M	▲ 78.5%	Finance
SMFT3	Smartfit Escola de Ginastica e Danca SA	3.0%	R$11.4M	New	▲ 33.9%	Consumer Services
MATD3	Hospital Mater Dei SA	2.9%	R$10.9M	Trimmed−R$446.9K	▲ 11.0%	Health Services
RAPT4	Randoncorp S.A.	2.2%	R$8.3M	AddedR$305.3K	▲ 47.2%	Producer Manufacturing
TUPY3	Tupy S.A.	2.1%	R$8.0M	Trimmed−R$229.0K	▲ 51.6%	Producer Manufacturing
MRVE3	MRV Engenharia e Participacoes S.A.	2.1%	R$8.0M	AddedR$228.2K	▲ 6.1%	Consumer Durables
ABEV3	Ambev SA	0.9%	R$3.5M	Trimmed−R$3.3M	▲ 10.5%	Consumer Non-Durables