Magnus Capital

MAGNUS CAPITAL GESTORA DE RECURSOS LTDA.

Portfolio as of March 2026compared with February 2026

In stocks

R$405.5M

Stocks

Top 10: 87%

Funds

YTD

▲ 19.0%

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$89.2M
Sells: −R$98.8M
New positions: 3
Exited: 4

Sectors

BDRs31.8%
Commercial Services17.6%
Utilities15.7%
Retail Trade9.4%
Consumer Services8.7%
Finance8.6%

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
ROXO34	Nu Holdings Ltd.	17.5%	R$71.0M	AddedR$10.2M	▲ 2.2%	BDR
TTEN3	Tres Tentos Agroindustrial SA	11.8%	R$48.0M	AddedR$2.2M	▼ 12.9%	Commercial Services
EQTL3	Equatorial S.A.	9.2%	R$37.3M	Trimmed−R$7.1M	▲ 21.6%	Utilities
SMFT3	Smartfit Escola de Ginastica e Danca SA	8.7%	R$35.2M	AddedR$3.5M	▲ 33.9%	Consumer Services
RENT3	Localiza Rent A Car SA	8.6%	R$34.8M	AddedR$3.7M	▲ 12.5%	Finance
XPBR31	XP Inc.	8.0%	R$32.4M	AddedR$4.7M	▲ 62.5%	BDR
ENEV3	Eneva S.A.	6.5%	R$26.5M	New	▲ 30.4%	Utilities
MELI34	MercadoLibre, Inc.	6.3%	R$25.6M	Trimmed−R$2.4M	▲ 5.6%	BDR
GGPS3	GPS Participacoes e Empreendimentos SA	5.8%	R$23.3M	Trimmed−R$2.4M	▼ 2.2%	Commercial Services
ASAI3	Sendas Distribuidora SA	4.8%	R$19.3M	New	▲ 47.5%	Retail Trade
RDOR3	Rede D'Or Sao Luiz SA	4.7%	R$19.1M	New	▲ 13.1%	Health Services
TFCO4	Track & Field Co SA	4.7%	R$18.9M	Trimmed−R$4.6M	▼ 9.9%	Retail Trade
PRIO3	Prio SA	3.4%	R$14.0M	Trimmed−R$34.5M	▲ 7.6%	Energy Minerals