NEO Multimercado
NEO MULTIMERCADO GESTÃO DE RECURSOS LTDA
Portfolio as of April 2026compared with March 2026
In stocks
R$704.5M
Stocks
85
Top 10: 60%
Funds
5
YTD
▲ 5.1%
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$74.4M
- Sells
- −R$79.0M
- New positions
- 8
- Exited
- 9
Sectors
- Finance28.4%
- Retail Trade9.4%
- Energy Minerals9.3%
- Health Technology9.1%
- Utilities8.6%
- Non-Energy Minerals8.5%
Portfolio
All of the manager's funds combined · since then: today's price vs. Apr/26
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 ITSA4 | Itausa SA | 14.6% | R$102.9M | Trimmed−R$7.4M | ▲ 13.5% | Finance |
 HYPE3 | Hypera S.A. | 9.1% | R$63.8M | AddedR$10.4M | ▲ 20.9% | Health Technology |
 PETR4 | Petroleo Brasileiro SA | 6.8% | R$48.2M | AddedR$21.1M | ▲ 18.6% | Energy Minerals |
 VALE3 | Vale S.A. | 5.4% | R$37.9M | AddedR$1.5M | ▼ 19.4% | Non-Energy Minerals |
 VIVA3 | Vivara Participacoes SA | 4.7% | R$33.4M | Held | ▲ 7.1% | Consumer Durables |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 4.3% | R$30.5M | Held | ▲ 48.5% | Consumer Services |
 ROXO34 | Nu Holdings Ltd. | 4.3% | R$30.1M | Trimmed−R$1.8M | ▲ 6.7% | BDR |
 RADL3 | Raia Drogasil S.A. | 4.1% | R$28.7M | AddedR$980.4K | ▼ 1.5% | Retail Trade |
 TOTS3 | TOTVS S.A. | 3.6% | R$25.4M | Held | ▲ 32.0% | Technology Services |
 VAMO3 | Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA | 2.9% | R$20.3M | AddedR$19.1M | ▲ 67.7% | Finance |
 XPBR31 | XP Inc. | 2.6% | R$18.6M | Trimmed−R$4.4M | ▲ 68.5% | BDR |
 UGPA3 | Ultrapar Participacoes S.A. | 2.5% | R$17.8M | Trimmed−R$9.3M | ▲ 32.8% | Retail Trade |
 TEND3 | Construtora Tenda SA | 2.4% | R$16.8M | Trimmed−R$15.6M | ▲ 1.8% | Finance |
 PETR3 | Petroleo Brasileiro SA | 2.3% | R$16.0M | Trimmed−R$3.1M | ▲ 18.5% | Energy Minerals |
 BBDC4 | Banco Bradesco SA | 2.2% | R$15.8M | Held | ▲ 7.0% | Finance |
 AXIA3 | AXIA Energia SA | 2.1% | R$14.7M | Held | ▼ 4.5% | Utilities |
 CBAV3 | Companhia Brasileira de Aluminio | 2.0% | R$13.9M | Held | ▲ 6.4% | Non-Energy Minerals |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 1.7% | R$12.0M | Trimmed−R$574.4K | ▼ 1.8% | Utilities |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 1.6% | R$11.6M | Held | ▲ 31.5% | Finance |
 CEAB3 | C&A Modas SA | 1.6% | R$11.1M | AddedR$1.1M | ▲ 26.1% | Retail Trade |
 RAIL3 | Rumo SA | 1.4% | R$10.2M | Trimmed−R$5.2M | ▲ 22.7% | Transportation |
 WEGE3 | WEG SA | 1.3% | R$8.9M | AddedR$776.0K | ▲ 8.8% | Producer Manufacturing |
 BBDC3 | Banco Bradesco SA | 1.2% | R$8.3M | Held | ▲ 9.0% | Finance |
 SANB11 | Banco Santander (Brasil) S.A. | 1.1% | R$7.9M | Trimmed−R$2.0M | ▼ 2.9% | Finance |
 EMBJ3 | Embraer S.A. | 1.0% | R$7.0M | AddedR$255.5K | ▲ 17.9% | Electronic Technology |
 EQTL3 | Equatorial S.A. | 1.0% | R$6.7M | AddedR$272.3K | ▲ 17.2% | Utilities |
 VBBR3 | Vibra Energia SA | 0.9% | R$6.6M | Held | ▲ 10.2% | Retail Trade |
 ENEV3 | Eneva S.A. | 0.9% | R$6.6M | AddedR$266.1K | ▲ 18.2% | Utilities |
 CPLE3 | Companhia Paranaense de Energia | 0.9% | R$6.1M | AddedR$2.8M | ▲ 11.0% | Utilities |
 RDOR3 | Rede D'Or Sao Luiz SA | 0.8% | R$5.3M | AddedR$207.5K | ▲ 14.9% | Health Services |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 0.6% | R$3.9M | AddedR$3.1M | ▲ 19.7% | Finance |
 GGBR4 | Gerdau S.A. | 0.5% | R$3.5M | AddedR$77.2K | ▲ 16.1% | Non-Energy Minerals |
 SUZB3 | Suzano S.A. | 0.5% | R$3.4M | Trimmed−R$4.6M | ▼ 3.3% | Process Industries |
 ALOS3 | Allos S.A. | 0.5% | R$3.3M | AddedR$1.6M | ▲ 16.5% | Finance |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.4% | R$3.1M | AddedR$154.4K | ▼ 5.7% | Utilities |
 BBSE3 | BB Seguridade Participacoes SA | 0.4% | R$2.6M | AddedR$76.2K | ▲ 24.9% | Finance |
 ODPV3 | – | 0.4% | R$2.5M | New | – | Other |
 BPAC11 | Banco BTG Pactual SA | 0.4% | R$2.5M | New | ▲ 37.7% | Finance |
 TIMS3 | TIM S.A. | 0.4% | R$2.5M | Held | ▼ 26.1% | Communications |
 AXIA6 | – | 0.3% | R$2.3M | AddedR$74.1K | – | Other |
 ENGI11 | Energisa SA | 0.3% | R$1.9M | AddedR$953.7K | ▲ 27.8% | Utilities |
 MBRF3 | MBRF Global Foods Company S.A. | 0.2% | R$1.7M | AddedR$87.4K | ▲ 6.4% | Consumer Non-Durables |
 KLBN11 | Klabin SA Ctf de Deposito de Acoes Cons of 1 Sh + 4 | 0.2% | R$1.6M | New | ▲ 5.4% | Non-Energy Minerals |
 EGIE3 | ENGIE Brasil Energia S.A. | 0.2% | R$1.6M | AddedR$58.2K | ▼ 11.5% | Utilities |
 AXIA7 | AXIA Energia SA | 0.2% | R$1.6M | Trimmed−R$2.7M | ▼ 0.8% | Utilities |
 ISAE4 | Isa Energia Brasil SA | 0.2% | R$1.5M | AddedR$126.2K | ▼ 1.4% | Utilities |
 ASAI3 | Sendas Distribuidora SA | 0.2% | R$1.5M | AddedR$82.0K | ▲ 58.0% | Retail Trade |
 CSAN3 | Cosan S.A. | 0.2% | R$1.5M | AddedR$365.7K | ▲ 4.6% | Utilities |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 0.2% | R$1.3M | AddedR$61.5K | ▲ 17.6% | Utilities |
 CPFE3 | CPFL Energia S.A. | 0.2% | R$1.3M | AddedR$135.3K | ▲ 2.3% | Utilities |
 TAEE11 | Transmissora Alianca De Energia Eletrica S.A. | 0.2% | R$1.1M | Held | ▲ 7.9% | Industrial Services |
 NATU3 | Natura Cosmeticos SA | 0.2% | R$1.1M | AddedR$35.5K | ▼ 24.9% | Consumer Non-Durables |
 GOAU4 | Metalurgica Gerdau SA | 0.1% | R$1.0M | AddedR$31.3K | ▲ 20.1% | Non-Energy Minerals |
 CYRE4 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.1% | R$1.0M | AddedR$902.0K | ▲ 53.1% | Finance |
 CMIN3 | CSN Mineracao SA | 0.1% | R$972.5K | AddedR$37.1K | ▲ 7.1% | Non-Energy Minerals |
 BRAP4 | Bradespar SA | 0.1% | R$748.2K | AddedR$47.3K | ▼ 12.6% | Finance |
 COGN3 | Cogna Educacao S.A. | 0.1% | R$698.4K | AddedR$53.8K | ▲ 16.9% | Commercial Services |
 BRAV3 | Brava Energia SA | 0.1% | R$695.9K | Trimmed−R$379.9K | ▲ 9.6% | Energy Minerals |
 POMO4 | Marcopolo SA | 0.1% | R$591.3K | Held | ▼ 23.6% | Producer Manufacturing |
 CSNA3 | Companhia Siderurgica Nacional | 0.1% | R$587.3K | AddedR$36.7K | ▼ 3.5% | Non-Energy Minerals |
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| NEO PROVECTUS II | Multimercados Macro | R$258.6M | ▲ 3.9% | ▲ 8.2% | Aug/26 |
| NEO MULTI ESTRATÉGIA MASTER | Multimercados Macro | R$241.9M | ▲ 7.6% | ▲ 11.9% | Aug/26 |
| NEO PROVECTUS I | Multimercados Macro | R$171.8M | ▲ 5.8% | ▲ 10.1% | Aug/26 |
| NEO VITALE MASTER | Multimercados Macro | R$163.5M | ▲ 4.0% | – | Aug/26 |
| NEO VITALE II | Multimercados Macro | R$117.7M | ▲ 2.8% | ▲ 6.7% | Dec/25 |
Past performance is no guarantee of future results.