Turim 21 Investimentos Ltda.

CIK

1652174

Location

RIO DE JANEIRO, D5

Portfolio Value

Micro $335,746

Diversification

Moderately concentrated

Filing Date

Global Rank

#4,658 / 8,586 ▲ 1687

Top Industry

Other Industrial Metals & Mining 27.4%

3Y Alpha vs SPY

+3.2%

Period ended 3 months ago

Filed May 15, 2026 · 32d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+92.5%

SPY

+78.1%

Annualised alpha

+3.2%

Max drawdown

−19.2%

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

76 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	Exxon Mobil 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

4 positions · $335,746 total · Consumer Defensive only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
EL	Estee Lauder Companies Inc Consumer Defensive	Added	3,788	+290	$271,864	−25.8%	80.97%
WMT	Walmart Inc. Consumer Defensive	NEW	296	NEW	$36,786	NEW	10.96%
COST	Costco Wholesale Corp /New Consumer Defensive	NEW	24	NEW	$23,914	NEW	7.12%
AFYA	Afya Ltd Consumer Defensive	Held	214	0	$3,182	−3.5%	0.95%