Absolute Gestao de Investimentos Ltda.

CIK

1622610

Location

SAO PAULO, D5

Portfolio Value

Small $477,352,291

Diversification

Diversified

Filing Date

Global Rank

#2,386 / 8,232 ▼ 95

Top Industry

Medical Instruments & Supplies 19.1%

3Y Alpha vs SPY

-9.2%

Period ended 2 months ago

Filed May 15, 2026 · 29d

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+27.0%

SPY

+52.9%

Annualised alpha

-9.2%

Max drawdown

−29.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

62 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

19.1%

−13.9 pts

Top 5

54.0%

−29.9 pts

Top 10

71.2%

−23.0 pts

HHI

844

Diversified−1,116

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	25.4%	$121,466,154	3
Financial Services	15.7%	$74,709,801	10
Communication Services	15.6%	$74,583,843	4
Technology	12.7%	$60,463,040	19
Basic Materials	11.9%	$56,583,156	13
Industrials	8.7%	$41,481,377	5
Consumer Cyclical	5.2%	$24,864,993	3
Consumer Defensive	3.8%	$17,980,355	3
Utilities	1.0%	$4,814,322	1
Real Estate	0.1%	$405,250	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
NU	Nu Holdings Ltd.	+855,014	961,608	$13,818,306
PAGS	PagSeguro Digital Ltd.	+812,641	1,175,125	$11,774,752
HOLX	HOLOGIC INC	+576,250	1,206,999	$91,237,054
PAM	Pampa Energy Inc.	+190,963	287,383	$25,433,395
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima	+62,010	147,436	$1,635,065
AMZN	Amazon Com Inc	+18,072	36,900	$7,685,163
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+12,190	21,190	$7,161,160
GOOGL	Alphabet Inc.	+3,000	10,000	$2,875,600
COHR	Coherent Corp.	+379	1,489	$354,694
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
XP	XP Inc.	−1,678,279	584,578	$11,130,365
EA	Electronic Arts Inc.	−329,539	336,934	$68,690,734
STNE	StoneCo Ltd.	−259,031	88,534	$1,250,100
ALK	Alaska Air Group, Inc.	−14,969	28,453	$1,046,501
LITE	Lumentum Holdings Inc.	−479	446	$313,430
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AAUC	Allied Gold Corp	1,659,991	$51,526,120
WBS	Webster Financial Corp	300,000	$20,826,000
APLS	Apellis Pharmaceuticals, Inc.	450,000	$18,103,500
MELI	Mercadolibre Inc	9,716	$16,799,158
CWAN	Clearwater Analytics Holdings, Inc.	699,571	$16,544,854
KVUE	Kenvue Inc.	923,260	$15,917,002
UNF	Unifirst Corp	57,950	$14,579,640
TERN	Terns Pharmaceuticals, Inc.	230,000	$12,125,600
DLO	dLocal Ltd	896,173	$11,623,363
GGAL	Grupo Financiero Galicia SA	168,677	$7,878,902
BMA	Macro Bank Inc.	101,013	$7,815,375
OS	OneStream, Inc.	245,160	$5,883,840
CEPU	Central Puerto S.A.	286,056	$4,814,322
JHG	Janus Henderson Group PLC	92,718	$4,762,923
KKR	KKR & Co. Inc.	46,269	$4,279,882
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
UDMY	Udemy, Inc.	357,200	$1,650,264
FSK	FS KKR Capital Corp	115,000	$1,170,700
TEO	Telecom Argentina SA	86,831	$1,015,054
SNDK	Sandisk Corp	796	$505,730
IRS	Irsa Investments & Representations Inc	25,000	$405,250
TSLA	Tesla, Inc.	1,024	$380,672
AGBK	AGI Inc	52,257	$379,908
No positions match the current search.

Sold Out

Positions the filer fully exited

19 positions

Ticker	Company	Shares	Value
GTLS	Chart Industries Inc	900,952	$185,803,330
EXAS	EXACT SCIENCES CORP	651,423	$66,158,519
AL	SUMISHO AIR LEASE CORP	446,067	$28,650,883
CSGS	Csg Systems International Inc	133,995	$10,276,076
WBD	Warner Bros. Discovery, Inc.	180,000	$5,187,600
SIG	Signet Jewelers Ltd	33,623	$2,786,674
VTEX	Vtex	578,098	$2,173,648
JBS	Jbs N.V.	150,000	$2,163,000
STAA	Staar Surgical Co	90,000	$2,078,100
ARCO	Arcos Dorados Holdings Inc.	154,584	$1,134,646
TEVA	Teva Pharmaceutical Industries Ltd	30,800	$961,268
PBR	Petrobras - Petroleo Brasileiro SA	72,841	$863,165
OLN	OLIN Corp	33,200	$691,556
IREN	IREN Ltd	8,165	$308,392
BE	Bloom Energy Corp	3,125	$271,531
CLS	Celestica Inc	890	$263,092
CIFR	Cipher Digital Inc.	17,820	$263,023
WULF	Terawulf Inc.	21,123	$242,703
CLSK	Cleanspark, Inc.	19,722	$199,586
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

62 positions · $477,352,291 total · as of Mar 31, 2026

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

Showing 1–50 of 62 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HOLX	HOLOGIC INC Healthcare	Added	1,206,999	+576,250	$91,237,054	+94.2%	19.11%
EA	Electronic Arts Inc. Communication Services	Reduced	336,934	-329,539	$68,690,734	−49.6%	14.39%
AAUC	Allied Gold Corp Basic Materials	NEW	1,659,991	NEW	$51,526,120	NEW	10.79%
PAM	Pampa Energy Inc. Industrials	Added	287,383	+190,963	$25,433,395	+198.0%	5.33%
WBS	Webster Financial Corp Financial Services	NEW	300,000	NEW	$20,826,000	NEW	4.36%
APLS	Apellis Pharmaceuticals, Inc. Healthcare	NEW	450,000	NEW	$18,103,500	NEW	3.79%
MELI	Mercadolibre Inc Consumer Cyclical	NEW	9,716	NEW	$16,799,158	NEW	3.52%
CWAN	Clearwater Analytics Holdings, Inc. Technology	NEW	699,571	NEW	$16,544,854	NEW	3.47%
KVUE	Kenvue Inc. Consumer Defensive	NEW	923,260	NEW	$15,917,002	NEW	3.33%
UNF	Unifirst Corp Industrials	NEW	57,950	NEW	$14,579,640	NEW	3.05%
NU	Nu Holdings Ltd. Financial Services	Added	961,608	+855,014	$13,818,306	+674.4%	2.89%
TERN	Terns Pharmaceuticals, Inc. Healthcare	NEW	230,000	NEW	$12,125,600	NEW	2.54%
PAGS	PagSeguro Digital Ltd. Technology	Added	1,175,125	+812,641	$11,774,752	+237.0%	2.47%
DLO	dLocal Ltd Technology	NEW	896,173	NEW	$11,623,363	NEW	2.43%
XP	XP Inc. Financial Services	Reduced	584,578	-1,678,279	$11,130,365	−70.0%	2.33%
GGAL	Grupo Financiero Galicia SA Financial Services	NEW	168,677	NEW	$7,878,902	NEW	1.65%
BMA	Macro Bank Inc. Financial Services	NEW	101,013	NEW	$7,815,375	NEW	1.64%
AMZN	Amazon Com Inc Consumer Cyclical	Added	36,900	+18,072	$7,685,163	+76.8%	1.61%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	21,190	+12,190	$7,161,160	+161.8%	1.50%
OS	OneStream, Inc. Technology	NEW	245,160	NEW	$5,883,840	NEW	1.23%
CEPU	Central Puerto S.A. Utilities	NEW	286,056	NEW	$4,814,322	NEW	1.01%
JHG	Janus Henderson Group PLC Financial Services	NEW	92,718	NEW	$4,762,923	NEW	1.00%
KKR	KKR & Co. Inc. Financial Services	NEW	46,269	NEW	$4,279,882	NEW	0.90%
GOOGL	Alphabet Inc. Communication Services	Added	10,000	+3,000	$2,875,600	+31.2%	0.60%
MU	Micron Technology Inc Technology	NEW	8,500	NEW	$2,871,640	NEW	0.60%
JPM	Jpmorgan Chase & Co Financial Services	NEW	9,000	NEW	$2,647,440	NEW	0.55%
META	Meta Platforms, Inc. Communication Services	NEW	3,500	NEW	$2,002,455	NEW	0.42%
UDMY	Udemy, Inc. Consumer Defensive	NEW	357,200	NEW	$1,650,264	NEW	0.35%
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima Basic Materials	Added	147,436	+62,010	$1,635,065	+47.8%	0.34%
STNE	StoneCo Ltd. Technology	Reduced	88,534	-259,031	$1,250,100	−75.7%	0.26%
FSK	FS KKR Capital Corp Financial Services	NEW	115,000	NEW	$1,170,700	NEW	0.25%
ALK	Alaska Air Group, Inc. Industrials	Reduced	28,453	-14,969	$1,046,501	−52.1%	0.22%
TEO	Telecom Argentina SA Communication Services	NEW	86,831	NEW	$1,015,054	NEW	0.21%
SNDK	Sandisk Corp Technology	NEW	796	NEW	$505,730	NEW	0.11%
ABEV	Ambev S.A. Consumer Defensive	Held	141,469	0	$413,089	+18.2%	0.09%
IRS	Irsa Investments & Representations Inc Real Estate	NEW	25,000	NEW	$405,250	NEW	0.08%
TSLA	Tesla, Inc. Consumer Cyclical	NEW	1,024	NEW	$380,672	NEW	0.08%
AGBK	AGI Inc Financial Services	NEW	52,257	NEW	$379,908	NEW	0.08%
COHR	Coherent Corp. Technology	Added	1,489	+379	$354,694	+73.1%	0.07%
HYMC	Hycroft Mining Holding Corp Basic Materials	NEW	9,730	NEW	$342,496	NEW	0.07%
SSRM	Ssr Mining Inc. Basic Materials	NEW	11,551	NEW	$339,599	NEW	0.07%
AG	First Majestic Silver Corp Basic Materials	NEW	15,663	NEW	$336,441	NEW	0.07%
SVM	Silvercorp Metals Inc Basic Materials	NEW	31,000	NEW	$332,940	NEW	0.07%
CIEN	Ciena Corp Technology	NEW	820	NEW	$318,348	NEW	0.07%
GLW	Corning Inc /Ny Technology	NEW	2,307	NEW	$313,682	NEW	0.07%
LITE	Lumentum Holdings Inc. Technology	Reduced	446	-479	$313,430	−8.1%	0.07%
EQX	Equinox Gold Corp. Basic Materials	NEW	21,550	NEW	$311,613	NEW	0.07%
AUGO	Aura Minerals Inc. Basic Materials	NEW	3,750	NEW	$306,000	NEW	0.06%
SCZM	Santacruz Silver Mining Ltd. Basic Materials	NEW	35,400	NEW	$303,378	NEW	0.06%
IAG	Iamgold Corp Basic Materials	NEW	16,071	NEW	$302,456	NEW	0.06%