Navi Capital
NAVI CAPITAL ADMINISTRADORA E GESTORA DE RECURSOS FINANCEIROS LTDA.
Portfolio as of April 2025compared with March 2025
In stocks
R$1.4B
Stocks
28
Top 10: 74%
Funds
4
YTD
▲ 32.3%
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$110.7M
- Sells
- −R$388.9M
- New positions
- 6
- Exited
- 12
Sectors
- Other23.9%
- Energy Minerals16.8%
- Finance15.3%
- Utilities12.7%
- Retail Trade11.6%
- Consumer Durables4.5%
Portfolio
All of the manager's funds combined · since then: today's price vs. Apr/25
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 EQTL3 | Equatorial S.A. | 12.0% | R$166.8M | Trimmed−R$32.3M | ▲ 34.7% | Utilities |
 ELET3 | – | 11.2% | R$154.6M | Trimmed−R$83.3M | – | Other |
 PETR4 | Petroleo Brasileiro SA | 8.7% | R$120.1M | AddedR$67.5M | ▲ 94.1% | Energy Minerals |
 ITSA4 | Itausa SA | 8.2% | R$113.6M | Trimmed−R$18.7M | ▲ 47.7% | Finance |
 VBBR3 | Vibra Energia SA | 7.2% | R$100.2M | Trimmed−R$17.3M | ▲ 109.0% | Retail Trade |
 ELET6 | – | 7.1% | R$99.0M | Trimmed−R$17.5M | – | Other |
 CCRO3 | – | 5.6% | R$77.5M | AddedR$19.5M | – | Other |
 PRIO3 | Prio SA | 5.4% | R$75.2M | Trimmed−R$6.3M | ▲ 111.4% | Energy Minerals |
 MRVE3 | MRV Engenharia e Participacoes S.A. | 4.5% | R$61.9M | Trimmed−R$9.8M | ▲ 41.0% | Consumer Durables |
 LREN3 | Lojas Renner S.A. | 4.4% | R$60.8M | Trimmed−R$28.8M | ▲ 2.2% | Retail Trade |
 HAPV3 | Hapvida Participacoes e Investimentos SA | 4.3% | R$59.1M | Trimmed−R$10.6M | ▼ 72.6% | Health Services |
 EZTC3 | EZ TEC Empreendimentos e Participacoes SA | 3.6% | R$49.5M | Trimmed−R$6.2M | ▲ 82.0% | Finance |
 SUZB3 | Suzano S.A. | 3.5% | R$48.7M | Trimmed−R$31.9M | ▼ 15.3% | Process Industries |
 PETR3 | Petroleo Brasileiro SA | 2.7% | R$38.0M | Trimmed−R$7.0M | ▲ 102.3% | Energy Minerals |
 MDNE3 | Moura Dubeux Engenharia SA | 2.4% | R$33.9M | Trimmed−R$3.7M | ▲ 86.1% | Finance |
 VALE3 | Vale S.A. | 2.0% | R$27.8M | AddedR$5.1M | ▲ 23.8% | Non-Energy Minerals |
 GGBR4 | Gerdau S.A. | 1.8% | R$25.5M | Trimmed−R$24.8M | ▲ 75.1% | Non-Energy Minerals |
 DESK3 | Desktop SA | 1.7% | R$23.7M | Trimmed−R$3.1M | ▲ 110.0% | Communications |
 VTRU3 | Vitru Educacao SA | 1.1% | R$15.3M | Trimmed−R$1.1M | ▲ 170.6% | Commercial Services |
 ALOS3 | Allos S.A. | 1.0% | R$13.9M | Trimmed−R$13.3M | ▲ 67.9% | Finance |
 INTB3 | Intelbras SA Industria de Telecomunicacao Eletronica Brasileir | 0.7% | R$10.1M | New | ▲ 39.8% | Technology Services |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.6% | R$8.7M | AddedR$8.0M | ▲ 8.0% | Utilities |
 ITUB4 | Itau Unibanco Holding SA | 0.0% | R$316.7K | Trimmed−R$806.6K | ▲ 41.3% | Finance |
 CURY3 | Cury Construtora e Incorporadora SA | 0.0% | R$256.0K | New | ▲ 18.9% | Finance |
 ROXO34 | Nu Holdings Ltd. | 0.0% | R$235.1K | New | ▲ 9.8% | BDR |
 CPLE6 | – | 0.0% | R$39.2K | New | – | Other |
 VIVT3 | Telefonica Brasil S.A. | 0.0% | R$1.7K | New | ▲ 15.8% | Communications |
 CMIN3 | CSN Mineracao SA | 0.0% | R$1.2K | New | ▼ 18.6% | Non-Energy Minerals |
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| NAVI INSTITUCIONAL MASTER | Ações Livre | R$717.3M | ▲ 35.8% | ▲ 46.0% | Mar/26 |
| NAVI FENDER MASTER | Ações Livre | R$238.6M | ▲ 27.0% | ▲ 34.9% | Mar/26 |
| NAVI LONG SHORT MASTER | Multimercados L/S - Direcional | R$70.1M | ▲ 16.2% | ▲ 19.9% | Jun/26 |
| NAVI LONG BIASED MASTER FI FINANCEIRO - CIA - RESP LIMITADA | Ações Livre | R$42.7M | ▲ 29.3% | ▲ 37.2% | Mar/26 |
Past performance is no guarantee of future results.