Turim 21 Investimentos Ltda.

CIK

1652174

Location

RIO DE JANEIRO, D5

Portfolio Value

Small $163,153,140

Diversification

Moderately concentrated

Filing Date

Global Rank

#4,666 / 8,623 ▲ 1686 · as of Mar 2026

Top Industry

Other Industrial Metals & Mining 27.4%

3Y Alpha vs SPY

+2.3%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+81.9%

SPY

+65.3%

Annualised alpha

+3.8%

Max drawdown

−19.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

26.1%

−26.4 pts

Top 5

85.5%

+2.2 pts

Top 10

96.2%

+3.7 pts

HHI

1,781

Moderately concentrated−1,293

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	26.5%	$43,219,740	14
Basic Materials	26.5%	$43,200,316	3
Consumer Cyclical	21.8%	$35,490,023	6
Technology	20.2%	$32,883,659	16
Unclassified	3.3%	$5,407,427	9
Communication Services	1.0%	$1,566,731	4
Energy	0.4%	$718,147	6
Consumer Defensive	0.2%	$335,746	4
Industrials	0.2%	$260,122	8
Healthcare	0.0%	$71,229	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	+101,406	118,177	$24,612,723
IBIT	iShares Bitcoin Trust ETF	+92,294	121,192	$4,656,196
MSFT	Microsoft Corp	+50,852	57,284	$21,204,818
GGAL	Grupo Financiero Galicia SA	+17,746	41,586	$1,942,482
NVDA	Nvidia Corp	+749	1,268	$221,139
EL	Estee Lauder Companies Inc	+290	3,788	$271,864
GOOGL	Alphabet Inc.	+119	593	$170,523
META	Meta Platforms, Inc.	+10	35	$20,024
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
VALE	Vale S.A.	−452,770	2,678,876	$42,620,917
BBD	Bank Bradesco	−64,021	1,980	$7,227
DMRC	Digimarc Corp	−39,672	20,087	$98,627
SGML	Sigma Lithium Corp	−10,000	45,000	$555,300
ETHE	Grayscale Ethereum Staking ETF	−3,650	16,600	$283,362
BITW	Bitwise 10 Crypto Index ETF	−3,038	5,062	$225,800
DIS	Walt Disney Co	−1,010	14,169	$1,365,608
TSLA	Tesla, Inc.	−294	108	$40,149
AAPL	Apple Inc.	−133	6,967	$1,768,154
NFLX	Netflix Inc	−30	110	$10,576
AVGO	Broadcom Inc.	−1	50	$15,475
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
BMA	Macro Bank Inc.	528,547	$40,893,681
PAGS	PagSeguro Digital Ltd.	149,618	$1,499,172
HAL	Halliburton Co	5,068	$197,601
SLB	Slb Limited/Nv	3,731	$191,736
LHX	L3harris Technologies, Inc. /De/	462	$159,459
JPM	Jpmorgan Chase & Co	210	$61,773
CAT	Caterpillar Inc	65	$46,049
WMT	Walmart Inc.	296	$36,786
MS	Morgan Stanley	194	$31,926
ETH	Grayscale Ethereum Staking Mini ETF	1,500	$29,790
GS	Goldman Sachs Group Inc	29	$24,533
FCX	Freeport-Mcmoran Inc	410	$24,099
COST	Costco Wholesale Corp /New	24	$23,914
GSK	GSK plc	404	$22,296
BAC	Bank Of America Corp /De/	447	$21,791
HD	Home Depot, Inc.	65	$21,377
SAN	Banco Santander, S.A.	1,699	$19,164
AXP	American Express Co	63	$19,056
ISRG	Intuitive Surgical Inc	32	$14,751
MRK	Merck & Co., Inc.	114	$13,713
IR	Ingersoll Rand Inc.	163	$13,059
BCS	Barclays PLC	472	$9,987
ORCL	Oracle Corp	63	$9,267
TSM	Taiwan Semiconductor Manufacturing Co Ltd	26	$8,786
ABBV	AbbVie Inc.	39	$8,482
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
CCJ	Cameco Corp	5,457	$499,260
BUD	Anheuser-Busch InBev SA/NV	3,820	$244,632
PG	PROCTER & GAMBLE Co	1,334	$191,175
INTU	Intuit Inc.	95	$62,929
WIW	Western Asset Inflation-Linked Opportunities & Income Fund	5,030	$43,207
DIA	Spdr Dow Jones Industrial Average ETF Trust	81	$38,926
BHK	Blackrock Core Bond Trust	2,730	$26,180
SHOP	Shopify Inc.	117	$18,833
ISD	PGIM High Yield Bond Fund, Inc.	1,263	$18,275
JPC	Nuveen Preferred & Income Opportunities Fund	2,215	$17,963
PFN	PIMCO Income Strategy Fund II	2,390	$17,925
EVV	Eaton Vance Ltd Duration Income Fund	1,799	$17,828
ERC	Allspring Multi-Sector Income Fund	1,911	$17,772
ARDC	Ares Dynamic Credit Allocation Fund, Inc.	1,332	$17,715
BTZ	Blackrock Credit Allocation Income Trust	1,633	$17,685
ETY	Eaton Vance Tax-Managed Diversified Equity Income Fund	1,151	$17,656
MELI	Mercadolibre Inc	8	$16,114
XOM	ExxonMobil Holdings Corp	81	$9,747
VZ	Verizon Communications Inc	232	$9,449
ETV	Eaton Vance Tax-Managed Buy-Write Opportunities Fund	650	$9,334
NEE	Nextera Energy Inc	106	$8,509
VTEX	Vtex	2,227	$8,373
UNH	Unitedhealth Group Inc	24	$7,922
PANW	Palo Alto Networks Inc	43	$7,920
AMD	Advanced Micro Devices Inc	26	$5,568
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

76 tracked positions · $163,153,140 total · filing declares 118 positions · $398,601,506 · as of Mar 31, 2026

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

Showing 1–50 of 76 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VALE	Vale S.A. Basic Materials	Reduced	2,678,876	-452,770	$42,620,917	+4.4%	26.12%
BMA	Macro Bank Inc. Financial Services	NEW	528,547	NEW	$40,893,681	NEW	25.06%
AMZN	Amazon Com Inc Consumer Cyclical	Added	118,177	+101,406	$24,612,723	+535.8%	15.09%
MSFT	Microsoft Corp Technology	Added	57,284	+50,852	$21,204,818	+581.7%	13.00%
CROX	Crocs, Inc. Consumer Cyclical	Held	123,215	0	$10,229,309	−2.9%	6.27%
ERIC	Ericsson Lm Telephone Co Technology	Held	670,000	0	$7,550,900	+16.8%	4.63%
IBIT	iShares Bitcoin Trust ETF	Added	121,192	+92,294	$4,656,196	+224.5%	2.85%
GGAL	Grupo Financiero Galicia SA Financial Services	Added	41,586	+17,746	$1,942,482	+51.1%	1.19%
AAPL	Apple Inc. Technology	Reduced	6,967	-133	$1,768,154	−8.4%	1.08%
PAGS	PagSeguro Digital Ltd. Technology	NEW	149,618	NEW	$1,499,172	NEW	0.92%
DIS	Walt Disney Co Communication Services	Reduced	14,169	-1,010	$1,365,608	−20.9%	0.84%
SW	Smurfit Westrock plc Consumer Cyclical	Held	14,705	0	$585,994	+3.1%	0.36%
SGML	Sigma Lithium Corp Basic Materials	Reduced	45,000	-10,000	$555,300	−23.5%	0.34%
CRM	Salesforce, Inc. Technology	Held	2,420	0	$451,741	−29.5%	0.28%
ETHE	Grayscale Ethereum Staking ETF	Reduced	16,600	-3,650	$283,362	−42.6%	0.17%
SHEL	Shell plc Energy	Held	2,940	0	$273,420	+26.6%	0.17%
EL	Estee Lauder Companies Inc Consumer Defensive	Added	3,788	+290	$271,864	−25.8%	0.17%
BITW	Bitwise 10 Crypto Index ETF	Reduced	5,062	-3,038	$225,800	−52.6%	0.14%
NVDA	Nvidia Corp Technology	Added	1,268	+749	$221,139	+128.5%	0.14%
HAL	Halliburton Co Energy	NEW	5,068	NEW	$197,601	NEW	0.12%
SLB	Slb Limited/Nv Energy	NEW	3,731	NEW	$191,736	NEW	0.12%
GOOGL	Alphabet Inc. Communication Services	Added	593	+119	$170,523	+14.9%	0.10%
OBDC	Blue Owl Capital Corp Financial Services	Held	15,416	0	$170,500	−11.0%	0.10%
LHX	L3harris Technologies, Inc. /De/ Industrials	NEW	462	NEW	$159,459	NEW	0.10%
DMRC	Digimarc Corp Technology	Reduced	20,087	-39,672	$98,627	−74.8%	0.06%
JPM	Jpmorgan Chase & Co Financial Services	NEW	210	NEW	$61,773	NEW	0.04%
HODL	VanEck Bitcoin ETF	Held	2,708	0	$51,885	−22.5%	0.03%
FBTC	Fidelity Wise Origin Bitcoin Fund	Held	877	0	$51,769	−22.6%	0.03%
ARKB	Ark 21Shares Bitcoin ETF	Held	2,301	0	$51,749	−22.6%	0.03%
BITB	Bitwise Bitcoin ETF	Held	1,405	0	$51,718	−22.6%	0.03%
BP	Bp PLC Energy	Held	1,029	0	$48,363	+35.3%	0.03%
CAT	Caterpillar Inc Industrials	NEW	65	NEW	$46,049	NEW	0.03%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	108	-294	$40,149	−77.8%	0.02%
WMT	Walmart Inc. Consumer Defensive	NEW	296	NEW	$36,786	NEW	0.02%
MS	Morgan Stanley Financial Services	NEW	194	NEW	$31,926	NEW	0.02%
ETH	Grayscale Ethereum Staking Mini ETF	NEW	1,500	NEW	$29,790	NEW	0.02%
GS	Goldman Sachs Group Inc Financial Services	NEW	29	NEW	$24,533	NEW	0.02%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	410	NEW	$24,099	NEW	0.01%
COST	Costco Wholesale Corp /New Consumer Defensive	NEW	24	NEW	$23,914	NEW	0.01%
GSK	GSK plc Healthcare	NEW	404	NEW	$22,296	NEW	0.01%
BAC	Bank Of America Corp /De/ Financial Services	NEW	447	NEW	$21,791	NEW	0.01%
HD	Home Depot, Inc. Consumer Cyclical	NEW	65	NEW	$21,377	NEW	0.01%
META	Meta Platforms, Inc. Communication Services	Added	35	+10	$20,024	+21.3%	0.01%
SAN	Banco Santander, S.A. Financial Services	NEW	1,699	NEW	$19,164	NEW	0.01%
AXP	American Express Co Financial Services	NEW	63	NEW	$19,056	NEW	0.01%
JOBY	Joby Aviation, Inc. Industrials	Held	2,057	0	$16,990	−37.4%	0.01%
AVGO	Broadcom Inc. Technology	Reduced	50	-1	$15,475	−12.3%	0.01%
BILL	BILL Holdings, Inc. Technology	Held	392	0	$15,013	−29.8%	0.01%
ISRG	Intuitive Surgical Inc Healthcare	NEW	32	NEW	$14,751	NEW	0.01%
FIG	Figma, Inc. Technology	Held	653	0	$13,804	−43.4%	0.01%

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.