SFA
SFA INVESTIMENTOS LTDA.
Portfolio as of March 2026compared with February 2026
In stocks
R$377.1M
Stocks
18
Top 10: 81%
Funds
1
YTD
▲ 23.8%
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$34.0M
- Sells
- −R$48.8M
- New positions
- 2
- Exited
- 2
Sectors
- Finance40.5%
- Process Industries19.8%
- BDRs14.2%
- Technology Services8.4%
- Electronic Technology5.4%
- Commercial Services4.9%
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 |
|---|---|---|---|---|---|---|
 ABCB4 | Banco ABC Brasil SA Conv | 20.8% | R$78.6M | AddedR$3.0M | ▲ 17.5% | Finance |
 VITT3 | Vittia S.A. | 17.1% | R$64.4M | AddedR$1.5M | ▼ 8.8% | Process Industries |
 INTB3 | Intelbras SA Industria de Telecomunicacao Eletronica Brasileir | 8.4% | R$31.8M | Trimmed−R$5.0M | ▲ 35.0% | Technology Services |
 POSI3 | Positivo Tecnologia SA | 5.4% | R$20.5M | Held | ▲ 24.1% | Electronic Technology |
 ITSA4 | Itausa SA | 5.4% | R$20.3M | Trimmed−R$3.4M | ▲ 13.0% | Finance |
 AMZO34 | Amazon.com, Inc. | 5.2% | R$19.8M | AddedR$7.9M | ▲ 22.1% | BDR |
 V2TX34 | VTEX | 5.2% | R$19.5M | Trimmed−R$646.0K | ▲ 8.1% | BDR |
 BBAS3 | Banco do Brasil S.A. | 5.0% | R$18.8M | AddedR$1.5M | ▲ 5.2% | Finance |
 GGPS3 | GPS Participacoes e Empreendimentos SA | 4.9% | R$18.6M | AddedR$741.5K | ▼ 2.2% | Commercial Services |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 4.0% | R$15.1M | Trimmed−R$1.5M | ▲ 28.9% | Finance |
 ITLC34 | Intel Corporation | 3.8% | R$14.4M | Held | ▲ 101.8% | BDR |
 RENT3 | Localiza Rent A Car SA | 3.5% | R$13.1M | AddedR$1.8M | ▲ 12.5% | Finance |
 SLCE3 | SLC Agricola S.A. | 2.7% | R$10.2M | Trimmed−R$2.0M | ▼ 8.7% | Process Industries |
 LREN3 | Lojas Renner S.A. | 2.0% | R$7.7M | New | ▼ 0.2% | Retail Trade |
 ALPA4 | Alpargatas SA | 1.9% | R$7.3M | New | ▲ 44.7% | Consumer Non-Durables |
 RENT4 | Localiza Rent A Car SA | 1.8% | R$6.8M | Held | ▲ 13.4% | Finance |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 1.7% | R$6.5M | AddedR$2.3M | ▲ 2.8% | Utilities |
 SHUL4 | Schulz S.A.Non-Cum Perp | 1.0% | R$3.9M | AddedR$206.7K | ▲ 2.3% | Producer Manufacturing |
Exited this month
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| PORTO SFA MASTER | Ações Livre | R$438.8M | ▲ 23.8% | ▲ 29.0% | Mar/26 |
Past performance is no guarantee of future results.