Vinland Capital
VINLAND CAPITAL MANAGEMENT GESTORA DE RECURSOS LTDA. · VINLAND CAPITAL MANAGEMENT CRÉDITO PRIVADO GESTORA DE RECURSOS LTDA. · VINLAND CAPITAL MANAGEMENT II GESTORA DE RECURSOS LTDA
Portfolio as of June 2026compared with March 2026
In stocks
R$699.6M
Stocks
56
Top 10: 63%
Funds
11
YTD
▲ 10.0%
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$306.3M
- Sells
- −R$397.0M
- New positions
- 24
- Exited
- 23
Sectors
- Finance30.9%
- Non-Energy Minerals20.4%
- Utilities9.7%
- Communications9.0%
- Energy Minerals7.9%
- Producer Manufacturing4.2%
Portfolio
All of the manager's funds combined · since then: today's price vs. Jun/26
| Stock | Company | % of stock portfolio | Value | Month | Since then | Sector |
|---|---|---|---|---|---|---|
 CBAV3 | Companhia Brasileira de Aluminio | 19.5% | R$136.6M | AddedR$57.1M | ▲ 4.6% | Non-Energy Minerals |
 BBDC4 | Banco Bradesco SA | 14.6% | R$102.4M | Held | ▲ 14.3% | Finance |
 DESK3 | Desktop SA | 7.8% | R$54.9M | AddedR$51.2M | ▲ 8.0% | Communications |
 PETR4 | Petroleo Brasileiro SA | 6.0% | R$42.0M | Trimmed−R$30.4M | ▲ 54.0% | Energy Minerals |
 BBDC3 | Banco Bradesco SA | 3.5% | R$24.5M | AddedR$19.1M | ▲ 15.6% | Finance |
 KEPL3 | Kepler Weber SA | 3.1% | R$21.8M | AddedR$735.5K | ▲ 18.5% | Producer Manufacturing |
 CSMG3 | Companhia de Saneamento de Minas Gerais | 2.5% | R$17.4M | New | ▲ 6.0% | Utilities |
 PRNR3 | Priner Servicos Industriais SA | 2.2% | R$15.5M | AddedR$5.6M | ▲ 18.4% | Industrial Services |
 B3SA3 | B3 SA - Brasil, Bolsa, Balcao | 2.1% | R$14.5M | New | ▲ 63.2% | Finance |
 DIRR3 | Direcional Engenharia S.A. | 1.9% | R$13.3M | New | ▼ 18.0% | Finance |
 RENT4 | Localiza Rent A Car SA | 1.9% | R$13.1M | Trimmed−R$1.1M | ▲ 28.5% | Finance |
 PRIO3 | Prio SA | 1.9% | R$13.0M | Held | ▲ 36.6% | Energy Minerals |
 TFCO4 | Track & Field Co SA | 1.9% | R$13.0M | AddedR$4.6M | ▼ 1.6% | Retail Trade |
 CXSE3 | Caixa Seguridade Participacoes SA | 1.8% | R$12.9M | Held | ▲ 8.0% | Finance |
 SAUD3 | Bradsaude SA | 1.7% | R$12.2M | New | ▲ 9.0% | Health Services |
 ITUB4 | Itau Unibanco Holding SA | 1.5% | R$10.4M | AddedR$7.8M | ▲ 15.7% | Finance |
 MDNE3 | Moura Dubeux Engenharia SA | 1.5% | R$10.3M | New | ▲ 4.6% | Finance |
 EMBJ3 | Embraer S.A. | 1.4% | R$10.0M | AddedR$6.4M | ▲ 11.0% | Electronic Technology |
 EQTL3 | Equatorial S.A. | 1.4% | R$9.6M | AddedR$6.7M | ▲ 27.3% | Utilities |
 RADL3 | Raia Drogasil S.A. | 1.4% | R$9.5M | AddedR$6.5M | ▲ 28.6% | Retail Trade |
 PASS3 | Compass Gas e Energia SA | 1.4% | R$9.5M | New | ▲ 15.9% | Utilities |
 MOTV3 | Motiva Infraestrutura de Mobilidade SA | 1.3% | R$9.3M | AddedR$4.5M | ▲ 39.5% | Transportation |
 ABEV3 | Ambev SA | 1.3% | R$9.0M | Held | ▲ 3.4% | Consumer Non-Durables |
 RAIL3 | Rumo SA | 1.3% | R$8.9M | New | ▲ 43.7% | Transportation |
 ECOR3 | EcoRodovias Infraestrutura e Logistica S.A. | 1.3% | R$8.9M | AddedR$6.8M | ▲ 84.6% | Transportation |
 ISAE4 | Isa Energia Brasil SA | 1.3% | R$8.7M | Held | ▲ 3.5% | Utilities |
 TIMS3 | TIM S.A. | 1.2% | R$8.4M | AddedR$7.3M | ▼ 12.9% | Communications |
 ROXO34 | Nu Holdings Ltd. | 1.1% | R$7.8M | New | ▲ 11.7% | BDR |
 CSAN3 | Cosan S.A. | 1.1% | R$7.7M | AddedR$1.2M | ▲ 42.4% | Utilities |
 VALE3 | Vale S.A. | 0.9% | R$6.0M | Trimmed−R$4.6M | ▼ 16.0% | Non-Energy Minerals |
 ITUB3 | Itau Unibanco Holding S.A. | 0.8% | R$5.5M | New | ▲ 19.3% | Finance |
 WEGE3 | WEG SA | 0.7% | R$5.1M | AddedR$3.4M | ▲ 4.0% | Producer Manufacturing |
 ALOS3 | Allos S.A. | 0.7% | R$4.9M | Trimmed−R$5.5M | ▲ 27.2% | Finance |
 RDOR3 | Rede D'Or Sao Luiz SA | 0.7% | R$4.7M | Held | ▲ 27.0% | Health Services |
 SUZB3 | Suzano S.A. | 0.6% | R$4.2M | Trimmed−R$426.9K | ▲ 6.7% | Process Industries |
 CMIG4 | Companhia Energetica de Minas Gerais SA | 0.5% | R$3.6M | New | ▲ 8.8% | Utilities |
 HYPE3 | Hypera S.A. | 0.5% | R$3.6M | AddedR$511.9K | ▲ 30.9% | Health Technology |
 CYRE4 | Cyrela Brazil Realty SA Empreendimentos e Participacoes | 0.5% | R$3.6M | AddedR$2.5M | ▲ 52.2% | Finance |
 EGIE3 | ENGIE Brasil Energia S.A. | 0.5% | R$3.5M | New | ▼ 10.3% | Utilities |
 LREN3 | Lojas Renner S.A. | 0.5% | R$3.4M | Trimmed−R$1.7M | ▲ 1.2% | Retail Trade |
 ALPA4 | Alpargatas SA | 0.4% | R$2.8M | Trimmed−R$1.4M | ▲ 49.3% | Consumer Non-Durables |
 CPLE3 | Companhia Paranaense de Energia | 0.4% | R$2.7M | Trimmed−R$846.9K | ▲ 17.5% | Utilities |
 AXIA3 | AXIA Energia SA | 0.3% | R$2.2M | Trimmed−R$15.6M | ▲ 9.0% | Utilities |
 CEAB3 | C&A Modas SA | 0.3% | R$2.1M | New | ▲ 32.7% | Retail Trade |
 POMO4 | Marcopolo SA | 0.3% | R$2.1M | New | ▼ 17.4% | Producer Manufacturing |
 LIGT3 | Light S.A. | 0.2% | R$1.7M | New | ▲ 14.5% | Utilities |
 SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 0.2% | R$1.1M | AddedR$1.1M | ▲ 9.8% | Utilities |
 SYNE3 | Syn Prop e Tech SA | 0.1% | R$479.1K | New | ▼ 7.1% | Finance |
 AZZA3 | Azzas 2154 SA | 0.0% | R$343.1K | Held | ▲ 52.0% | Consumer Non-Durables |
 FRAS3 | Frasle Mobility S.A. | 0.0% | R$169.9K | New | ▲ 41.4% | Producer Manufacturing |
 VIVA3 | Vivara Participacoes SA | 0.0% | R$166.0K | Trimmed−R$648.2K | ▲ 20.8% | Consumer Durables |
 JHSF3 | JHSF Participacoes S.A. | 0.0% | R$55.9K | New | ▲ 25.2% | Finance |
 AURA33 | Aura Minerals Inc | 0.0% | R$46.5K | Trimmed−R$9.4M | ▲ 32.7% | BDR |
 SLCE3 | SLC Agricola S.A. | 0.0% | R$37.3K | Held | ▲ 32.4% | Process Industries |
 CMIG3 | Companhia Energetica de Minas Gerais SA | 0.0% | R$6.9K | New | ▲ 14.1% | Utilities |
 ABCB4 | Banco ABC Brasil SA Conv | 0.0% | R$23.77 | New | ▲ 25.6% | Finance |
Funds
Quota return, after fees
| Fund | Class | AUM | YTD | 12 months | Latest portfolio |
|---|---|---|---|---|---|
| VINLAND CRÉDITO PREV MASTER | Previdência Multimercado Livre | R$3.6B | ▲ 10.1% | ▲ 14.2% | Mar/26 |
| VINLAND CRÉDITO MASTER | Multimercados Livre | R$718.1M | ▲ 10.6% | ▲ 14.7% | Mar/26 |
| VINLAND MACRO MASTER | Multimercados Macro | R$618.3M | ▲ 9.3% | ▲ 13.5% | Jun/26 |
| VINLAND CRÉDITO PREV IQ MASTER | Previdência Multimercado Livre | R$477.9M | ▲ 13.8% | – | Mar/26 |
| VINLAND MACRO PREVIDENCIÁRIO V MASTER | Previdência Multimercado Livre | R$322.2M | ▲ 9.0% | ▲ 12.7% | Jun/26 |
| VINLAND MACRO PREVIDENCIARIO BB MASTER | Previdência Multimercado Livre | R$288.0M | ▲ 8.2% | ▲ 11.6% | Jun/26 |
| VINLAND MACRO II PREV MASTER | Previdência Multimercado Livre | R$275.3M | ▲ 8.9% | ▲ 12.5% | Jun/26 |
| VINLAND MACRO PLUS MASTER | Multimercados Macro | R$232.9M | ▲ 6.5% | ▲ 10.4% | Jun/26 |
| VINLAND MACRO PREVIDENCIÁRIO MASTER | Previdência Multimercado Livre | R$174.9M | ▲ 10.7% | ▲ 14.8% | Jun/26 |
| VINLAND PLUS MASTER | Multimercados Livre | R$94.2M | ▲ 8.8% | ▲ 12.9% | Jun/26 |
| VINLAND LONG SHORT | Multimercados Livre | R$50.5M | – | – | Jun/26 |
Past performance is no guarantee of future results.