Occam Brasil
OCCAM BRASIL GESTÃO DE RECURSOS LTDA.
Portfolio as of March 2026compared with January 2026
In stocks
R$740.0M
Stocks
89
Top 10: 56%
Funds
6
YTD
▲ 15.2%
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$107.3M
- Sells
- −R$165.1M
- New positions
- 1
- Exited
- 4
Sectors
- Finance29.5%
- Utilities19.5%
- Energy Minerals17.2%
- Non-Energy Minerals11.6%
- Retail Trade7.4%
- Other3.0%
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 |
|---|---|---|---|---|---|---|
 ITUB4 | Itau Unibanco Holding SA | 11.5% | R$85.1M | AddedR$10.2M | ▲ 12.2% | Finance |
 VALE3 | Vale S.A. | 10.7% | R$79.0M | Trimmed−R$8.5M | ▼ 20.7% | Non-Energy Minerals |
 PETR4 | Petroleo Brasileiro SA | 7.5% | R$55.8M | AddedR$10.2M | ▲ 19.6% | Energy Minerals |
 PETR3 | Petroleo Brasileiro SA | 5.7% | R$42.0M | AddedR$8.6M | ▲ 20.3% | Energy Minerals |
 VBBR3 | Vibra Energia SA | 3.7% | R$27.4M | AddedR$17.1M | ▲ 16.0% | Retail Trade |
 EQTL3 | Equatorial S.A. | 3.5% | R$25.9M | Trimmed−R$7.0M | ▲ 21.6% | Utilities |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 3.5% | R$25.8M | AddedR$1.7M | ▲ 2.8% | Utilities |
 AXIA3 | AXIA Energia SA | 3.4% | R$25.4M | AddedR$664.1K | ▲ 1.2% | Utilities |
 PRIO3 | Prio SA | 3.3% | R$24.8M | Trimmed−R$11.7M | ▲ 7.6% | Energy Minerals |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 3.1% | R$23.1M | AddedR$6.5M | ▲ 28.9% | Finance |
 ITSA4 | Itausa SA | 2.9% | R$21.7M | Trimmed−R$1.5M | ▲ 13.0% | Finance |
 AXIA6 | – | 2.8% | R$20.8M | AddedR$4.2M | – | Other |
 CPLE3 | Companhia Paranaense de Energia | 2.7% | R$20.3M | Trimmed−R$9.5M | ▲ 14.4% | Utilities |
 BPAC11 | Banco BTG Pactual SA | 2.7% | R$19.6M | AddedR$7.0M | ▲ 45.2% | Finance |
 RENT3 | Localiza Rent A Car SA | 2.6% | R$19.0M | Trimmed−R$14.7M | ▲ 12.5% | Finance |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 2.5% | R$18.5M | Trimmed−R$1.3M | ▲ 10.1% | Utilities |
 BBDC4 | Banco Bradesco SA | 2.4% | R$18.0M | Held | ▲ 7.9% | Finance |
 WEGE3 | WEG SA | 1.9% | R$13.9M | Trimmed−R$3.6M | ▼ 4.4% | Producer Manufacturing |
 EMBJ3 | Embraer S.A. | 1.8% | R$13.3M | Trimmed−R$339.1K | ▲ 18.0% | Electronic Technology |
 RADL3 | Raia Drogasil S.A. | 1.6% | R$11.7M | Trimmed−R$2.6M | ▼ 8.2% | Retail Trade |
 UGPA3 | Ultrapar Participacoes S.A. | 1.5% | R$11.2M | AddedR$9.2M | ▲ 38.5% | Retail Trade |
 ENEV3 | Eneva S.A. | 1.4% | R$10.7M | Trimmed−R$14.6M | ▲ 30.4% | Utilities |
 ABEV3 | Ambev SA | 1.4% | R$10.2M | AddedR$4.5M | ▲ 10.5% | Consumer Non-Durables |
 AXIA7 | AXIA Energia SA | 1.2% | R$9.0M | Trimmed−R$487.6K | ▲ 5.0% | Utilities |
 SUZB3 | Suzano S.A. | 1.1% | R$8.1M | AddedR$6.2M | ▼ 18.3% | Process Industries |
 BBAS3 | Banco do Brasil S.A. | 1.0% | R$7.8M | Trimmed−R$2.5M | ▲ 5.2% | Finance |
 RDOR3 | Rede D'Or Sao Luiz SA | 1.0% | R$7.6M | Trimmed−R$23.0M | ▲ 13.1% | Health Services |
 CURY3 | Cury Construtora e Incorporadora SA | 1.0% | R$7.5M | Trimmed−R$3.7M | ▼ 7.4% | Finance |
 VIVT3 | Telefonica Brasil S.A. | 1.0% | R$7.5M | Held | ▼ 21.9% | Communications |
 ALOS3 | Allos S.A. | 0.9% | R$6.4M | AddedR$3.2M | ▲ 17.7% | Finance |
 TIMS3 | TIM S.A. | 0.7% | R$5.1M | Held | ▼ 30.7% | Communications |
 GGBR4 | Gerdau S.A. | 0.7% | R$4.9M | Trimmed−R$2.6M | ▲ 38.2% | Non-Energy Minerals |
 RAIL3 | Rumo SA | 0.6% | R$4.5M | AddedR$3.4M | ▲ 18.8% | Transportation |
 CMIG3 | Companhia Energetica de Minas Gerais SA | 0.6% | R$4.2M | Held | ▲ 6.3% | Utilities |
 SMFT3 | Smartfit Escola de Ginastica e Danca SA | 0.5% | R$3.6M | Trimmed−R$10.9M | ▲ 33.9% | Consumer Services |
 TOTS3 | TOTVS S.A. | 0.5% | R$3.5M | Trimmed−R$135.7K | ▲ 20.4% | Technology Services |
 BBDC3 | Banco Bradesco SA | 0.4% | R$3.1M | Trimmed−R$367.7K | ▲ 9.1% | Finance |
 RECV3 | Petroreconcavo SA | 0.4% | R$2.6M | AddedR$2.4M | ▼ 9.2% | Energy Minerals |
 ASAI3 | Sendas Distribuidora SA | 0.3% | R$2.5M | AddedR$1.6M | ▲ 47.5% | Retail Trade |
 BRAV3 | Brava Energia SA | 0.3% | R$2.3M | AddedR$2.0M | ▲ 1.9% | Energy Minerals |
 BRKM5 | Braskem S.A. | 0.3% | R$1.9M | Trimmed−R$1.3M | ▼ 55.7% | Process Industries |
 HYPE3 | Hypera S.A. | 0.3% | R$1.9M | AddedR$1.5M | ▲ 17.1% | Health Technology |
 MULT3 | Multiplan Empreendimentos Imobiliarios SA | 0.2% | R$1.7M | Trimmed−R$1.1M | ▲ 19.3% | Finance |
 NEOE3 | – | 0.2% | R$1.5M | Trimmed−R$2.4M | – | Other |
 BBSE3 | BB Seguridade Participacoes SA | 0.2% | R$1.5M | Trimmed−R$1.7M | ▲ 21.5% | Finance |
 BRAP4 | Bradespar SA | 0.2% | R$1.4M | AddedR$1.3M | ▼ 13.1% | Finance |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.2% | R$1.3M | AddedR$1.0M | ▼ 6.2% | Utilities |
 FLRY3 | Fleury SA | 0.2% | R$1.2M | Trimmed−R$101.5K | ▲ 77.0% | Health Services |
 RENT4 | Localiza Rent A Car SA | 0.1% | R$1.0M | Trimmed−R$211.0K | ▲ 13.4% | Finance |
 AURE3 | Auren Energia SA | 0.1% | R$1.0M | AddedR$919.9K | ▲ 27.3% | Utilities |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 0.1% | R$959.4K | AddedR$343.2K | ▲ 29.0% | Transportation |
 EGIE3 | ENGIE Brasil Energia S.A. | 0.1% | R$928.8K | AddedR$56.4K | ▼ 4.8% | Utilities |
 LREN3 | Lojas Renner S.A. | 0.1% | R$908.7K | AddedR$459.6K | ▼ 0.2% | Retail Trade |
 COGN3 | Cogna Educacao S.A. | 0.1% | R$878.8K | AddedR$468.1K | ▲ 2.8% | Commercial Services |
 MBRF3 | MBRF Global Foods Company S.A. | 0.1% | R$874.5K | AddedR$481.7K | ▼ 14.3% | Consumer Non-Durables |
 MGLU3 | Magazine Luiza S.A. | 0.1% | R$703.5K | AddedR$591.3K | ▲ 54.8% | Retail Trade |
 CYRE3 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.1% | R$610.4K | Trimmed−R$10.6M | ▲ 26.0% | Finance |
 CSAN3 | Cosan S.A. | 0.1% | R$552.4K | Trimmed−R$1.1M | ▼ 2.0% | Utilities |
 CSNA3 | Companhia Siderurgica Nacional | 0.1% | R$545.1K | Trimmed−R$2.5M | ▼ 5.1% | Non-Energy Minerals |
 CPFE3 | CPFL Energia S.A. | 0.1% | R$458.2K | Trimmed−R$298.9K | ▲ 2.7% | Utilities |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| OCCAM FI FINANCEIRO - CIA - RESP LIMITADA | Ações Valor/Crescimento | R$516.4M | ▲ 27.3% | ▲ 38.6% | Mar/26 |
| OCCAM RETORNO ABSOLUTO | Multimercados Livre | R$368.0M | ▲ 6.3% | ▲ 7.5% | Jun/26 |
| ONIX | Multimercados Livre | R$313.0M | ▲ 10.4% | ▲ 13.8% | Jun/26 |
| OCCAM EQUITY HEDGE | Multimercados Livre | R$137.9M | ▲ 8.3% | ▲ 10.8% | Jun/26 |
| OCCAM INSTITUCIONAL | Multimercados Livre | R$62.4M | ▲ 10.8% | ▲ 13.9% | Jun/26 |
| OCCAM LONG BIASED | Multimercados L/S - Direcional | R$53.9M | ▲ 11.0% | ▲ 13.2% | Jun/26 |
Past performance is no guarantee of future results.