Morada Capital
MORADA CAPITAL LTDA.
Portfolio as of March 2026compared with February 2026
In stocks
R$15.5M
Stocks
29
Top 10: 82%
Funds
1
YTD
▲ 13.6%
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$4.6M
- Sells
- −R$1.4M
- New positions
- 15
- Exited
- 20
Sectors
- Utilities41.5%
- BDRs24.8%
- Finance21.9%
- Retail Trade5.1%
- Consumer Services2.9%
- Consumer Non-Durables1.2%
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 |
|---|---|---|---|---|---|---|
 MSFT34 | Microsoft Corp | 13.5% | R$2.1M | AddedR$190.7K | ▲ 38.3% | BDR |
 EQTL3 | Equatorial S.A. | 13.5% | R$2.1M | AddedR$208.5K | ▲ 21.6% | Utilities |
 ROXO34 | Nu Holdings Ltd. | 11.3% | R$1.7M | AddedR$158.7K | ▲ 2.2% | BDR |
 ITUB4 | Itau Unibanco Holding SA | 10.0% | R$1.6M | AddedR$960.2K | ▲ 12.2% | Finance |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 9.6% | R$1.5M | AddedR$1.4M | ▲ 10.1% | Utilities |
 AXIA3 | AXIA Energia SA | 9.5% | R$1.5M | AddedR$356.0K | ▲ 1.2% | Utilities |
 ENEV3 | Eneva S.A. | 8.9% | R$1.4M | AddedR$58.6K | ▲ 30.4% | Utilities |
 SEER3 | Grupo Ser Educacional SA | 2.1% | R$325.9K | AddedR$20.3K | ▲ 35.1% | Consumer Services |
 PINE4 | Banco PINE S.A. | 2.0% | R$312.3K | New | ▲ 26.1% | Finance |
 BRSR6 | Banco do Estado do Rio Grande do Sul SA | 1.7% | R$263.3K | AddedR$23.7K | ▲ 5.4% | Finance |
 TEND3 | Construtora Tenda SA | 1.7% | R$258.9K | AddedR$44.6K | ▼ 8.3% | Finance |
 PNVL3 | Dimed S.A. Distribuidora de Medicamentos | 1.5% | R$232.2K | Trimmed−R$15.0K | ▲ 11.4% | Retail Trade |
 TFCO4 | Track & Field Co SA | 1.4% | R$218.0K | AddedR$38.2K | ▼ 9.9% | Retail Trade |
 VBBR3 | Vibra Energia SA | 1.4% | R$217.5K | New | ▲ 16.0% | Retail Trade |
 MDNE3 | Moura Dubeux Engenharia SA | 1.3% | R$195.4K | AddedR$85.8K | ▼ 5.0% | Finance |
 ALPA4 | Alpargatas SA | 1.2% | R$192.5K | AddedR$18.0K | ▲ 44.7% | Consumer Non-Durables |
 ABCB4 | Banco ABC Brasil SA Conv | 1.2% | R$186.8K | Held | ▲ 17.5% | Finance |
 NEOE3 | – | 1.1% | R$174.0K | Trimmed−R$83.1K | – | Other |
 EZTC3 | EZ TEC Empreendimentos e Participacoes SA | 1.1% | R$167.8K | New | ▲ 35.9% | Finance |
 LAVV3 | LAVVI Empreendimentos Imobiliarios SA | 0.9% | R$145.0K | Trimmed−R$70.9K | ▲ 9.5% | Finance |
 ANIM3 | Anima Holding SA | 0.8% | R$126.6K | Trimmed−R$63.4K | ▲ 19.5% | Consumer Services |
 MILS3 | Mills Locacao Servicos e Logistica S.A. | 0.8% | R$125.1K | Held | ▲ 17.5% | Finance |
 COGN3 | Cogna Educacao S.A. | 0.8% | R$116.7K | New | ▲ 2.8% | Commercial Services |
 PGMN3 | Empreendimentos Pague Menos SA | 0.8% | R$116.6K | AddedR$10.6K | ▼ 8.2% | Retail Trade |
 TGMA3 | Tegma Gestao Logistica S.A. | 0.7% | R$105.6K | New | ▲ 61.2% | Transportation |
 JHSF3 | JHSF Participacoes S.A. | 0.6% | R$100.6K | New | ▲ 53.1% | Finance |
 PLPL3 | Plano & Plano Desenvolvimento Imobiliario Ltda | 0.6% | R$85.5K | New | ▼ 39.3% | Finance |
 DXCO3 | Dexco SA | 0.0% | R$1.1K | Held | ▲ 75.6% | Producer Manufacturing |
 AURE3 | Auren Energia SA | 0.0% | R$346.26 | Held | ▲ 27.3% | Utilities |
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| MORADA | Ações Livre | R$54.8M | ▲ 13.6% | ▲ 16.8% | Aug/26 |
Past performance is no guarantee of future results.