Kiron Capital Gestao de Recursos Ltda.
CIK
1876477
Location
Sao Paulo, D5
Portfolio Value
Micro
$36,686,168
Diversification
Highly concentrated
Filing Date
Global Rank
#5,498
/ 6,692
▲ 40
· as of Sep 2022
Top Industry
Capital Markets
57.9%
3Y Alpha vs SPY
-17.2%
Period ended 3 years ago
Filed Oct 26, 2022 · 3y
8 quarters · since Dec 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+8.3%
SPY
+75.9%
Annualised alpha
-18.0%
Max drawdown
−32.2%
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
8 positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022Top Position
57.9%
−4.7 pts
Top 5
97.5%
+0.9 pts
Top 10
100.0%
0.0 pts
HHI
4,436
Highly concentrated−281
Portfolio Trend
8 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2022| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 60.1% | $22,066,074 |
| Consumer Cyclical | 32.7% | $11,993,704 |
| Technology | 2.6% | $956,327 |
| Energy | 2.4% | $878,406 |
| Utilities | 2.2% | $791,657 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| XP | XP Inc. | −168,565 | 1,116,635 | $21,227,231 | |
| ITUB | Itau Unibanco Holding S.A. | −25,700 | 183,832 | $838,843 | |
| VTEX | Vtex | −7,200 | 258,467 | $956,327 | |
| CSAN | Cosan S.A. | −5,100 | 37,082 | $477,616 | |
| MELI | Mercadolibre Inc | −1,755 | 14,489 | $11,993,704 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SBS | Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp | 15,000 | $27,330 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SUZ | Suzano S.A. | 66,566 | $631,045 | |
| No positions match the current search. | ||||
8 positions ·
$36,686,168 total
· as of Sep 30, 2022
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| XP |
XP Inc.
Financial Services
|
Reduced | 1,116,635 | $21,227,231 | 57.86% | |
| MELI |
Mercadolibre Inc
Consumer Cyclical
|
Reduced | 14,489 | $11,993,704 | 32.69% | |
| VTEX |
Vtex
Technology
|
Reduced | 258,467 | $956,327 | 2.61% | |
| ITUB |
Itau Unibanco Holding S.A.
Financial Services
|
Reduced | 183,832 | $838,843 | 2.29% | |
| AXIA |
AXIA Energia S.A.
Utilities
|
Added | 95,184 | $764,327 | 2.08% | |
| CSAN |
Cosan S.A.
Energy
|
Reduced | 37,082 | $477,616 | 1.30% | |
| PBR |
Petrobras - Petroleo Brasileiro SA
Energy
|
Added | 32,479 | $400,790 | 1.09% | |
| SBS |
Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp
Utilities
|
NEW | 15,000 | $27,330 | 0.07% |