Real Investor
REAL INVESTOR ASSET MANAGEMENT LTDA
Portfolio as of March 2026compared with February 2026
In stocks
R$4.4B
Stocks
30
Top 10: 53%
Funds
7
YTD
▲ 11.0%
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$1.0B
- Sells
- −R$67.5M
- New positions
- 1
- Exited
- 0
Sectors
- Finance36.0%
- Consumer Non-Durables7.5%
- Consumer Durables7.1%
- Producer Manufacturing6.5%
- Industrial Services6.4%
- Non-Energy Minerals5.1%
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 |
|---|---|---|---|---|---|---|
 MRVE3 | MRV Engenharia e Participacoes S.A. | 7.1% | R$317.4M | AddedR$80.6M | ▲ 6.1% | Consumer Durables |
 ALOS3 | Allos S.A. | 7.1% | R$314.2M | AddedR$17.5M | ▲ 17.7% | Finance |
 BBDC3 | Banco Bradesco SA | 6.1% | R$270.3M | AddedR$20.3M | ▲ 9.1% | Finance |
 VALE3 | Vale S.A. | 5.1% | R$226.9M | AddedR$33.4M | ▼ 20.7% | Non-Energy Minerals |
 BBAS3 | Banco do Brasil S.A. | 4.9% | R$218.8M | AddedR$69.4M | ▲ 5.2% | Finance |
 PETR4 | Petroleo Brasileiro SA | 4.6% | R$206.6M | AddedR$129.1M | ▲ 19.6% | Energy Minerals |
 SUZB3 | Suzano S.A. | 4.5% | R$201.6M | AddedR$103.1M | ▼ 18.3% | Process Industries |
 LOGG3 | Log Commercial Properties e Participacoes SA | 4.5% | R$201.5M | Held | ▲ 10.4% | Industrial Services |
 GMAT3 | Grupo Mateus SA | 4.5% | R$200.9M | AddedR$70.9M | ▲ 20.0% | Retail Trade |
 PSSA3 | Porto Seguro S.A. | 4.3% | R$193.1M | AddedR$17.5M | ▲ 4.2% | Finance |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 4.2% | R$184.8M | AddedR$13.6M | ▼ 6.2% | Utilities |
 HYPE3 | Hypera S.A. | 3.8% | R$168.2M | Held | ▲ 17.1% | Health Technology |
 ITSA4 | Itausa SA | 3.4% | R$150.6M | Held | ▲ 13.0% | Finance |
 BBSE3 | BB Seguridade Participacoes SA | 3.3% | R$148.5M | AddedR$20.7M | ▲ 21.5% | Finance |
 YDUQ3 | YDUQS Participacoes SA | 3.3% | R$147.3M | AddedR$49.2M | ▲ 19.6% | Commercial Services |
 VULC3 | Vulcabras SA | 3.3% | R$145.1M | AddedR$5.4M | ▼ 6.2% | Consumer Non-Durables |
 LEVE3 | Mahle-Metal Leve S.A. | 3.2% | R$143.1M | AddedR$4.5M | ▲ 11.0% | Producer Manufacturing |
 IRBR3 | IRB Brasil Resseguros SA | 2.9% | R$127.0M | AddedR$7.2M | ▲ 27.9% | Finance |
 AZZA3 | Azzas 2154 SA | 2.8% | R$126.6M | AddedR$101.0M | ▲ 5.7% | Consumer Non-Durables |
 EVEN3 | Even Construtora E Incorporadora S.A. | 2.5% | R$112.0M | AddedR$7.5M | ▼ 20.2% | Finance |
 STOC34 | StoneCo Ltd. | 2.4% | R$108.7M | New | ▼ 17.3% | BDR |
 INTB3 | Intelbras SA Industria de Telecomunicacao Eletronica Brasileir | 2.3% | R$103.7M | AddedR$37.6M | ▲ 35.0% | Technology Services |
 SHUL4 | Schulz S.A.Non-Cum Perp | 1.9% | R$85.7M | Held | ▲ 2.3% | Producer Manufacturing |
 MELK3 | Melnick Desenvolvimento Imobiliario SA | 1.9% | R$82.6M | Held | ▼ 4.1% | Industrial Services |
 ITUB4 | Itau Unibanco Holding SA | 1.5% | R$66.3M | AddedR$64.7M | ▲ 12.2% | Finance |
 MDIA3 | M. Dias Branco SA Industria e Comercio de Alimentos | 1.4% | R$61.4M | AddedR$57.5M | ▼ 14.0% | Consumer Non-Durables |
 MYPK3 | Iochpe Maxion S.A. | 1.3% | R$58.1M | AddedR$5.0M | ▲ 32.1% | Producer Manufacturing |
 CSUD3 | CSU Digital SA | 1.2% | R$52.5M | Held | ▼ 1.9% | Commercial Services |
 AXIA3 | AXIA Energia SA | 0.4% | R$19.7M | Trimmed−R$48.8M | ▲ 1.2% | Utilities |
 AXIA7 | AXIA Energia SA | 0.1% | R$4.4M | Trimmed−R$18.7M | ▲ 5.0% | Utilities |
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| REAL INVESTOR MASTER | Ações Livre | R$2.7B | ▲ 13.6% | ▲ 24.2% | Mar/26 |
| REAL INVESTOR MASTER | Multimercados Livre | R$958.2M | ▲ 2.7% | ▲ 6.1% | Jun/26 |
| REAL INVESTOR INSTITUCIONAL MASTER | Ações Livre | R$167.1M | ▲ 13.1% | ▲ 23.7% | Mar/26 |
| RATIONAL INVESTOR | Ações Livre | R$144.8M | ▲ 11.9% | ▲ 21.7% | Mar/26 |
| REAL INVESTOR ALPHA MASTER | Ações Livre | R$137.8M | ▲ 10.0% | ▲ 20.0% | Mar/26 |
| REAL INVESTOR GERDAU PREVIDÊNCIA | Ações Livre | R$83.1M | ▲ 12.7% | ▲ 22.9% | Mar/26 |
| REAL INVESTOR ITAÚ VIDA E PREVIDÊNCIA MASTER | Previdência Ações Ativo | R$81.3M | ▲ 13.3% | ▲ 24.0% | Mar/26 |
Past performance is no guarantee of future results.