Absolute Gestao de Investimentos Ltda.

CIK

1622610

Location

SAO PAULO, D5

Portfolio Value

Small $300,735,449

Diversification

Diversified

Filing Date

Global Rank

#5,233 / 8,818 ▼ 2653

Top Industry

Electronic Gaming & Multimedia 21.2%

Period ended 4 months ago

Filed Aug 25, 2026 · 2mo

11 quarters · since Dec 2023

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 83.5% of the book (60%+)

Turnover

High turnover

141.3% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.4 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 96.8%; sector active share 44.7% against the combined 13F book's sector weights.

Over time 11 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

34 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

19.8%

−1.7 pts

Top 5

64.1%

+4.5 pts

Top 10

83.5%

+7.5 pts

HHI

1,043

Diversified+108

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Communication Services	25.5%	$76,565,930	5
Financial Services	18.9%	$56,935,800	4
Energy	13.8%	$41,539,330	3
Healthcare	12.0%	$36,216,864	4
Industrials	6.8%	$20,514,525	3
Unclassified	6.5%	$19,695,549	4
Consumer Defensive	5.9%	$17,643,498	1
Basic Materials	5.3%	$15,832,706	2
Technology	3.3%	$10,060,296	5
Utilities	1.3%	$3,824,231	2
Consumer Cyclical	0.6%	$1,906,720	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
—		+350,619	650,619	$49,720,303
AGBK	AGI Inc	+210,858	263,115	$1,862,854
TEO	Telecom Argentina SA	+136,091	222,922	$2,897,986
AUGO	Aura Minerals Inc.	+51,717	55,467	$3,491,647
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
AAUC	Allied Gold Corp	−1,141,023	518,968	$12,341,059
PBR-A	Petrobras - Petroleo Brasileiro SA	−547,400	2,580,300	$37,775,592
DLO	dLocal Ltd	−531,665	364,508	$4,736,781
CEPU	Central Puerto S.A.	−87,676	198,380	$2,947,926
BMA	Macro Bank Inc.	−65,506	35,507	$3,287,593
PAM	Pampa Energy Inc.	−64,811	222,572	$18,279,838
UNF	Unifirst Corp	−49,500	8,450	$2,234,687
—		−46,000	290,934	$59,653,107
AMZN	Amazon Com Inc	−28,900	8,000	$1,906,720
KKR	KKR & Co. Inc.	−23,769	22,500	$2,065,050
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−16,690	4,500	$2,149,065
GOOGL	Alphabet Inc.	−5,000	5,000	$1,786,850
No positions match the current search.

New Positions

Positions the filer opened this quarter

17 positions

Ticker	Company	Shares	Value
—		205,000	$27,209,650
CNXT	VanEck ChiNext ETF	178,585	$11,145,489
OGN	Organon & Co.	665,230	$9,007,214
ROKU	Roku, Inc	61,000	$8,426,540
EWJ	iShares MSCI Japan ETF	75,000	$6,995,250
CCO	Clear Channel Outdoor Holdings, Inc.	1,570,846	$3,801,447
VIST	Vista Energy, S.A.B. de C.V.	35,000	$2,233,000
MSFT	Microsoft Corp	5,000	$1,865,100
TGS	Gas Transporter Of The South Inc	51,488	$1,530,738
ZETA	Zeta Global Holdings Corp.	50,000	$984,000
ASHR	DBX ETF Trust	25,000	$916,500
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	151,610	$876,305
RSP	Victory Portfolios II	3,000	$638,310
BRZE	Braze, Inc.	15,000	$325,350
—		997,000	$0
—		350,000	$0
—		74,717	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
EEM	iShares MSCI Emerging Markets ETF	2,064,273	$117,230,063
EFA	iShares MSCI EAFE ETF	1,040,000	$101,015,200
—		1,206,999	$91,237,054
EWZ	iShares MSCI Brazil ETF	939,581	$36,070,514
EWA	iShares MSCI Australia ETF	985,000	$27,343,600
EMLC	VanEck J.P. Morgan EM Local Currency Bond ETF	888,281	$22,304,735
—		450,000	$18,103,500
MELI	Mercadolibre Inc	9,716	$16,799,158
—		699,571	$16,544,854
NU	Nu Holdings Ltd.	961,608	$13,818,306
—		230,000	$12,125,600
PAGS	PagSeguro Digital Ltd.	1,175,125	$11,774,752
XP	XP Inc.	584,578	$11,130,365
GGAL	Grupo Financiero Galicia SA	168,677	$7,878,902
—		245,160	$5,883,840
—		92,718	$4,762,924
MU	Micron Technology Inc	8,500	$2,871,640
JPM	Jpmorgan Chase & Co	9,000	$2,647,440
META	Meta Platforms, Inc.	3,500	$2,002,455
—		357,200	$1,650,264
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima	147,436	$1,635,065
STNE	StoneCo Ltd.	88,534	$1,250,100
FSK	FS KKR Capital Corp	115,000	$1,170,700
ALK	Alaska Air Group, Inc.	28,453	$1,046,501
SNDK	Sandisk Corp	796	$505,730
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

34 tracked positions · $300,735,449 total · filing declares 45 positions · $994,078,404 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
		Reduced	290,934	-46,000	$59,653,107	−13.2%	4	$197.48	19.84%
		Added	650,619	+350,619	$49,720,303	+138.7%	2	$70.77	16.53%
PBR-A	Petrobras - Petroleo Brasileiro SA Energy	Reduced	2,580,300	-547,400	$37,775,592	−35.6%	2	$14.82	12.56%
		NEW	205,000	NEW	$27,209,650	NEW	1	$90.09	9.05%
PAM	Pampa Energy Inc. Industrials	Reduced	222,572	-64,811	$18,279,838	−28.1%	5	$79.11	6.08%
KVUE	Kenvue Inc. Consumer Defensive	Held	923,260	0	$17,643,498	+10.8%	2	$17.81	5.87%
AAUC	Allied Gold Corp Basic Materials	Reduced	518,968	-1,141,023	$12,341,059	−76.0%	2	$30.21	4.10%
CNXT	VanEck ChiNext ETF	NEW	178,585	NEW	$11,145,489	NEW	1	$54.51	3.71%
OGN	Organon & Co. Healthcare	NEW	665,230	NEW	$9,007,214	NEW	1	$11.96	3.00%
ROKU	Roku, Inc Communication Services	NEW	61,000	NEW	$8,426,540	NEW	1	$121.99	2.80%
EWJ	iShares MSCI Japan ETF	NEW	75,000	NEW	$6,995,250	NEW	1	$90.78	2.33%
DLO	dLocal Ltd Technology	Reduced	364,508	-531,665	$4,736,781	−59.2%	2	$13.03	1.58%
CCO	Clear Channel Outdoor Holdings, Inc. Communication Services	NEW	1,570,846	NEW	$3,801,447	NEW	1	$2.39	1.26%
AUGO	Aura Minerals Inc. Basic Materials	Added	55,467	+51,717	$3,491,647	+1041.1%	2	$78.21	1.16%
BMA	Macro Bank Inc. Financial Services	Reduced	35,507	-65,506	$3,287,593	−57.9%	2	$84.97	1.09%
CEPU	Central Puerto S.A. Utilities	Reduced	198,380	-87,676	$2,947,926	−38.8%	2	$15.85	0.98%
TEO	Telecom Argentina SA Communication Services	Added	222,922	+136,091	$2,897,986	+185.5%	2	$12.24	0.96%
UNF	Unifirst Corp Industrials	Reduced	8,450	-49,500	$2,234,687	−84.7%	2	$230.66	0.74%
VIST	Vista Energy, S.A.B. de C.V. Energy	NEW	35,000	NEW	$2,233,000	NEW	1	$70.39	0.74%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	4,500	-16,690	$2,149,065	−70.0%	3	$322.59	0.71%
KKR	KKR & Co. Inc. Financial Services	Reduced	22,500	-23,769	$2,065,050	−51.7%	2	$105.41	0.69%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,000	-28,900	$1,906,720	−75.2%	11	before history	0.63%
MSFT	Microsoft Corp Technology	NEW	5,000	NEW	$1,865,100	NEW	1	$404.60	0.62%
AGBK	AGI Inc Financial Services	Added	263,115	+210,858	$1,862,854	+390.3%	2	$7.72	0.62%
GOOGL	Alphabet Inc. Communication Services	Reduced	5,000	-5,000	$1,786,850	−37.9%	3	$294.27	0.59%
TGS	Gas Transporter Of The South Inc Energy	NEW	51,488	NEW	$1,530,738	NEW	1	$30.96	0.51%
ZETA	Zeta Global Holdings Corp. Technology	NEW	50,000	NEW	$984,000	NEW	1	$18.55	0.33%
ASHR	DBX ETF Trust	NEW	25,000	NEW	$916,500	NEW	1	$35.22	0.30%
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp Utilities	NEW	151,610	NEW	$876,305	NEW	1	unpriced	0.29%
RSP	Victory Portfolios II	NEW	3,000	NEW	$638,310	NEW	1	$204.64	0.21%
BRZE	Braze, Inc. Technology	NEW	15,000	NEW	$325,350	NEW	1	$22.27	0.11%
		NEW	350,000	NEW	$0	NEW	1	unpriced	0.00%
		NEW	997,000	NEW	$0	NEW	1	unpriced	0.00%
		NEW	74,717	NEW	$0	NEW	1	unpriced	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.