Latest Absolute Gestao de Investimentos Ltda. Stock Portfolio

$193Million– No. of Holdings #28

Absolute Gestao de Investimentos Ltda. Performance:

2024 Q2: -1.76%YTD: 3.87%

Performance for 2024 Q2 is -1.76%, and YTD is 3.87%.

About Absolute Gestao de Investimentos Ltda. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Absolute Gestao de Investimentos Ltda. reported an equity portfolio of $193.1 Millions as of 30 Jun, 2024.

The top stock holdings of Absolute Gestao de Investimentos Ltda. are SWN, AXNX, . The fund has invested 22.4% of it's portfolio in SOUTHWESTERN ENERGY CO and 16.9% of portfolio in AXONICS INC.

The fund managers got completely rid off PIONEER NAT RES CO (PXD), TRICON RESIDENTIAL INC and SP PLUS CORP (SP) stocks. They significantly reduced their stock positions in META PLATFORMS INC (META), AMAZON COM INC (AMZN) and NVIDIA CORPORATION (NVDA). Absolute Gestao de Investimentos Ltda. opened new stock positions in AXONICS INC (AXNX), NUVEI CORPORATION and TAIWAN SEMICONDUCTOR MFG LTD (TSM). The fund showed a lot of confidence in some stocks as they added substantially to STONECO LTD (STNE), ALPHABET INC (GOOG) and SOUTHWESTERN ENERGY CO (SWN).

Absolute Gestao de Investimentos Ltda. Equity Portfolio Value

Last Reported on: 14 Aug, 2024

Absolute Gestao de Investimentos Ltda. Annual Return Estimates Vs S&P 500

Our best estimate is that Absolute Gestao de Investimentos Ltda. made a return of -1.76% in the last quarter. In trailing 12 months, it's portfolio return was NA%.

New Buys

Ticker	$ Bought
axonics inc	32,681,300
nuvei corporation	18,577,200
taiwan semiconductor mfg ltd	7,051,470
equitrans midstream corp	3,783,700
hashicorp inc	3,369,000
suzano s a	2,805,560
exxon mobil corp	993,255
global x fds	579,000

New stocks bought by Absolute Gestao de Investimentos Ltda.

Additions

Ticker	% Inc.
stoneco ltd	1,503
alphabet inc	1,120
southwestern energy co	267
pagseguro digital ltd	147
olink hldg ab	0.11

Additions to existing portfolio by Absolute Gestao de Investimentos Ltda.

Reductions

Ticker	% Reduced
meta platforms inc	-86.7
amazon com inc	-63.65
nvidia corporation	-60.00
vale s a	-60.00
kkr & co inc	-24.77
arcos dorados holdings inc	-13.4
adecoagro s a	-5.82

Absolute Gestao de Investimentos Ltda. reduced stake in above stock

Sold off

Ticker	$ Sold
tricon residential inc	-34,872,900
dlocal ltd	-9,949,240
select sector spdr tr	-18,954,000
sp plus corp	-20,740,600
american eqty invt life hld	-17,803,600
capri holdings limited	-13,008,100
pioneer nat res co	-57,341,300
spdr ser tr	-7,207,080

Absolute Gestao de Investimentos Ltda. got rid off the above stocks

Sector Distribution

Absolute Gestao de Investimentos Ltda. has about 41.9% of it's holdings in Others sector.

Sector	%
Others	41.9
Energy	25.1
Healthcare	17.1
Technology	4.5
Financial Services	4.1
Communication Services	3.9
Consumer Cyclical	3.4

Market Cap. Distribution

Absolute Gestao de Investimentos Ltda. has about 13.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	43.4
UNALLOCATED	41.9
MEGA-CAP	8.1
LARGE-CAP	5.6

Stocks belong to which Index?

About 39.6% of the stocks held by Absolute Gestao de Investimentos Ltda. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	60.4
RUSSELL 2000	29
S&P 500	10.6

Top 5 Winners (%)		%
RIVN	rivian automotive inc	31.2 %
NVDA	nvidia corporation	12.5 %
GOOG	alphabet inc	6.6 %
AMZN	amazon com inc	4.0 %
KKR	kkr & co inc	3.8 %

Top 5 Winners ($)		$
AMZN	amazon com inc	0.7 M
GOOG	alphabet inc	0.3 M
KKR	kkr & co inc	0.3 M
HCP	hashicorp inc	0.1 M
NVDA	nvidia corporation	0.1 M

Top 5 Losers (%)		%
SWN	southwestern energy co	-9.2 %
ETRN	equitrans midstream corp	-4.6 %
XOM	exxon mobil corp	-2.1 %
JNPR	juniper networks inc	-1.6 %
META	meta platforms inc	-0.6 %

Top 5 Losers ($)		$
SWN	southwestern energy co	-4.4 M
ETRN	equitrans midstream corp	-0.2 M
META	meta platforms inc	-0.1 M
JNPR	juniper networks inc	-0.1 M
XOM	exxon mobil corp	0.0 M

Absolute Gestao de Investimentos Ltda. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Absolute Gestao de Investimentos Ltda.

Absolute Gestao de Investimentos Ltda. has 28 stocks in it's portfolio. About 83.4% of the portfolio is in top 10 stocks. SWN proved to be the most loss making stock for the portfolio. AMZN was the most profitable stock for Absolute Gestao de Investimentos Ltda. last quarter.

Last Reported on: 14 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AEL	american eqty invt life hld	0.00	0.00	0.00	sold off	-100

AGNG	global x fds	0.30	20,000	579,000	new

AGRO	adecoagro s a	1.80	356,680	3,470,500	reduced	-5.82

AMD	advanced micro devices inc	0.11	1,300	210,873	new

AMZN	amazon com inc	3.28	32,719	6,322,950	reduced	-63.65

ARCO	arcos dorados holdings inc	8.20	1,758,910	15,830,200	reduced	-13.4

AXNX	axonics inc	16.93	486,112	32,681,300	new

BABA	alibaba group hldg ltd	0.14	3,770	271,440	new

BIL	spdr ser tr	0.00	0.00	0.00	sold off	-100

CPRI	capri holdings limited	0.00	0.00	0.00	sold off	-100

ETRN	equitrans midstream corp	1.96	291,502	3,783,700	new

GOOG	alphabet inc	2.65	28,078	5,114,410	added	1,120

HCP	hashicorp inc	1.75	100,000	3,369,000	new

HOOD	robinhood mkts inc	0.00	0.00	0.00	sold off	-100

IFS	intercorp finl svcs inc	0.00	0.00	0.00	sold off	-100

IJR	ishares tr	0.00	0.00	0.00	sold off	-100

JNPR	juniper networks inc	2.46	130,000	4,739,800	unchanged	0.00

JPM	jpmorgan chase & co.	0.16	1,500	303,390	new

KKR	kkr & co inc	3.05	55,877	5,880,500	reduced	-24.77

MELI	mercadolibre inc	0.00	0.00	0.00	sold off	-100