Latest Absolute Gestao de Investimentos Ltda. Stock Portfolio
Absolute Gestao de Investimentos Ltda. Performance:
2024 Q3: 0.97%YTD: 4.88%
Performance for 2024 Q3 is 0.97%, and YTD is 4.88%.
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 $305 Millions as of 30 Sep, 2024.
The top stock holdings of Absolute Gestao de Investimentos Ltda. are HCP, AGR, AXNX. The fund has invested 13% of it's portfolio in HASHICORP INC and 11.5% of portfolio in AVANGRID INC .
The fund managers got completely rid off NUVEI CORPORATION, KKR & CO INC (KKR) and EQUITRANS MIDSTREAM CORP (ETRN) stocks. They significantly reduced their stock positions in SOUTHWESTERN ENERGY CO (SWN), ALIBABA GROUP HLDG LTD (BABA) and JPMORGAN CHASE & CO. (JPM). Absolute Gestao de Investimentos Ltda. opened new stock positions in AVANGRID INC (AGR), ATLANTICA SUSTAINABLE INFR P and EVERI HLDGS INC (EVRI). The fund showed a lot of confidence in some stocks as they added substantially to HASHICORP INC (HCP), ALPHABET INC (GOOG) and STONECO LTD (STNE).
The top stock holdings of Absolute Gestao de Investimentos Ltda. are HCP, AGR, AXNX. The fund has invested 13% of it's portfolio in HASHICORP INC and 11.5% of portfolio in AVANGRID INC .
The fund managers got completely rid off NUVEI CORPORATION, KKR & CO INC (KKR) and EQUITRANS MIDSTREAM CORP (ETRN) stocks. They significantly reduced their stock positions in SOUTHWESTERN ENERGY CO (SWN), ALIBABA GROUP HLDG LTD (BABA) and JPMORGAN CHASE & CO. (JPM). Absolute Gestao de Investimentos Ltda. opened new stock positions in AVANGRID INC (AGR), ATLANTICA SUSTAINABLE INFR P and EVERI HLDGS INC (EVRI). The fund showed a lot of confidence in some stocks as they added substantially to HASHICORP INC (HCP), ALPHABET INC (GOOG) and STONECO LTD (STNE).
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 0.97% in the last quarter. In trailing 12 months, it's portfolio return was 6.3%.
New Buys
| Ticker | $ Bought |
|---|---|
| avangrid inc | 35,053,200 |
| atlantica sustainable infr p | 17,881,900 |
| everi hldgs inc | 16,044,200 |
| allete inc | 9,254,590 |
| select sector spdr tr | 6,798,000 |
| blackrock inc | 4,557,650 |
| xp inc | 3,837,220 |
| spdr ser tr | 2,964,000 |
New stocks bought by Absolute Gestao de Investimentos Ltda.
Additions
| Ticker | % Inc. |
|---|---|
| hashicorp inc | 1,069 |
| alphabet inc | 230 |
| stoneco ltd | 200 |
| pagseguro digital ltd | 122 |
| taiwan semiconductor mfg ltd | 82.57 |
| juniper networks inc | 81.95 |
| advanced micro devices inc | 10.77 |
| meta platforms inc | 8.54 |
Additions to existing portfolio by Absolute Gestao de Investimentos Ltda.
Reductions
| Ticker | % Reduced |
|---|---|
| southwestern energy co | -57.61 |
| alibaba group hldg ltd | -20.16 |
| jpmorgan chase & co. | -17.33 |
| axonics inc | -17.01 |
Absolute Gestao de Investimentos Ltda. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| nuvei corporation | -18,577,200 |
| olink hldg ab | -13,945,500 |
| adecoagro s a | -3,470,500 |
| equitrans midstream corp | -3,783,700 |
| suzano s a | -2,805,560 |
| kkr & co inc | -5,880,500 |
| zalatoris ii acquisition cor | -1,333 |
| global x fds | -579,000 |
Absolute Gestao de Investimentos Ltda. got rid off the above stocks
Sector Distribution
Absolute Gestao de Investimentos Ltda. has about 34.2% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 34.2 |
| Technology | 17.2 |
| Utilities | 15 |
| Healthcare | 10.1 |
| Consumer Cyclical | 8.2 |
| Energy | 6.6 |
| Communication Services | 6.2 |
| Financial Services | 2.4 |
Market Cap. Distribution
Absolute Gestao de Investimentos Ltda. has about 27.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 34.2 |
| MID-CAP | 32.9 |
| LARGE-CAP | 17.7 |
| MEGA-CAP | 9.7 |
| SMALL-CAP | 5.4 |
Stocks belong to which Index?
About 45.5% of the stocks held by Absolute Gestao de Investimentos Ltda. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 54.6 |
| RUSSELL 2000 | 31 |
| S&P 500 | 14.5 |
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 34 stocks in it's portfolio. About 73.5% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. AXNX was the most profitable stock for Absolute Gestao de Investimentos Ltda. last quarter.
Last Reported on: 07 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACN | accenture plc ireland | 0.26 | 2,209 | 780,837 | new | |||
| ACWV | ishares inc | 0.19 | 20,000 | 589,800 | new | |||
| AGNG | global x fds | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AGR | avangrid inc | 11.49 | 979,414 | 35,053,200 | new | |||
| AGRO | adecoagro s a | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ALE | allete inc | 3.04 | 144,175 | 9,254,590 | new | |||
| AMD | advanced micro devices inc | 0.08 | 1,440 | 236,275 | added | 10.77 | ||
| AMZN | amazon com inc | 2.13 | 34,910 | 6,504,780 | added | 6.7 | ||
| ARCO | arcos dorados holdings inc | 5.13 | 1,792,700 | 15,632,400 | added | 1.92 | ||
| AXNX | axonics inc | 9.21 | 403,427 | 28,078,500 | reduced | -17.01 | ||
| BABA | alibaba group hldg ltd | 0.10 | 3,010 | 319,421 | reduced | -20.16 | ||
| BIL | spdr ser tr | 0.97 | 30,000 | 2,964,000 | new | |||
| BLK | blackrock inc | 1.50 | 4,800 | 4,557,650 | new | |||
| CG | carlyle group inc | 0.75 | 52,894 | 2,277,620 | new | |||
| ETRN | equitrans midstream corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EVRI | everi hldgs inc | 5.26 | 1,221,020 | 16,044,200 | new | |||
| GOOG | alphabet inc | 5.04 | 92,729 | 15,379,100 | added | 230 | ||
| HCP | hashicorp inc | 12.99 | 1,169,870 | 39,611,900 | added | 1,069 | ||
| HD | home depot inc | 0.33 | 2,500 | 1,013,000 | new | |||
| JNPR | juniper networks inc | 3.02 | 236,538 | 9,220,250 | added | 81.95 | ||