Absolute Gestao De Investimentos Ltda 13F annual report

Absolute Gestao De Investimentos Ltda is an investment fund managing more than $324 billion ran by Tiago Santanna. There are currently 34 companies in Mr. Santanna’s portfolio. The largest investments include Pioneer Nat Res Co and Tricon Residential Inc, together worth $92.2 billion.

Limited to 30 biggest holdings

$324 billion Assets Under Management (AUM)

As of 9th May 2024, Absolute Gestao De Investimentos Ltda’s top holding is 218,443 shares of Pioneer Nat Res Co currently worth over $57.3 billion and making up 17.7% of the portfolio value. In addition, the fund holds 3,127,612 shares of Tricon Residential Inc worth $34.9 billion. The third-largest holding is Arcos Dorados Inc worth $22.6 billion and the next is SP Plus Corp worth $20.7 billion, with 397,178 shares owned.

Currently, Absolute Gestao De Investimentos Ltda's portfolio is worth at least $324 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Absolute Gestao De Investimentos Ltda

The Absolute Gestao De Investimentos Ltda office and employees reside in Sao Paulo, Brazil. According to the last 13-F report filed with the SEC, Tiago Santanna serves as the Managing Partner at Absolute Gestao De Investimentos Ltda.

Recent trades

In the most recent 13F filing, Absolute Gestao De Investimentos Ltda revealed that it had opened a new position in Tricon Residential Inc and bought 3,127,612 shares worth $34.9 billion.

The investment fund also strengthened its position in Pioneer Nat Res Co by buying 5,222 additional shares. This makes their stake in Pioneer Nat Res Co total 218,443 shares worth $57.3 billion.

On the other hand, there are companies that Absolute Gestao De Investimentos Ltda is getting rid of from its portfolio. Absolute Gestao De Investimentos Ltda closed its position in Splunk Inc on 15th May 2024. It sold the previously owned 129,000 shares for $19.7 billion. Tiago Santanna also disclosed a decreased stake in Amazon.com by 0.2%. This leaves the value of the investment at $16.2 billion and 89,999 shares.

One of the smaller hedge funds

The two most similar investment funds to Absolute Gestao De Investimentos Ltda are Pacifica Capital Investments and Oakwell Private Wealth Management. They manage $324 billion and $325 billion respectively.

Tiago Santanna investment strategy

Absolute Gestao De Investimentos Ltda’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 16.8% of the total portfolio value. The fund focuses on investments in the United States as 26.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 29% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $161 billion.

The complete list of Absolute Gestao De Investimentos Ltda trades based on 13F SEC filings

These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Pioneer Nat Res Co	2.45% 218,443	$57,341,288,000	17.67%
Tricon Residential Inc	Opened 3,127,612	$34,872,874,000	10.75%
Arcos Dorados Holdings Inc	71.76% 2,031,077	$22,585,576,000	6.96%
SP Plus Corp	21.28% 397,178	$20,740,635,000	6.39%
Splunk Inc	Closed 129,000	$19,653,150,000
Select Sector Spdr Tr	Opened 450,000	$18,954,000,000	5.84%
American Eqty Invt Life Hld	Opened 316,678	$17,803,637,000	5.49%
Meta Platforms Inc	418.42% 35,128	$17,057,454,000	5.26%
Amazon.com Inc.	16.37% 89,999	$16,234,020,000	5.00%
Alphabet Inc	Closed 100,000	$14,093,000,000
Southwestern Energy Company	Opened 1,750,000	$13,265,000,000	4.09%
Capri Holdings Limited	33.29% 287,155	$13,008,122,000	4.01%
Olink Hldg Ab	Opened 546,684	$12,852,541,000	3.96%
MercadoLibre Inc	34.55% 8,440	$12,760,942,000	3.93%
Dlocal Ltd	77.36% 676,819	$9,949,239,000	3.07%
Spirit Airls Inc	Closed 558,895	$9,160,289,000
Ishares Tr	Opened 38,940	$8,189,082,000	2.52%
KKR & Co. Inc	25.10% 74,274	$7,470,479,000	2.30%
Spdr Ser Tr	Opened 143,339	$7,207,085,000	2.22%
Ishares Inc	Closed 100,000	$6,553,000,000
Schwab Charles Corp	Closed 94,442	$6,497,610,000
WestRock Co	Closed 145,000	$6,020,400,000
Ternium Sa	63.48% 130,378	$5,426,332,000	1.67%
PagSeguro Digital Ltd	64.06% 342,824	$4,895,527,000	1.51%
Juniper Networks Inc	Opened 130,000	$4,817,800,000	1.49%
Sigma Lithium Corporation	Closed 142,935	$4,506,741,000
Adecoagro S.A.	Opened 378,739	$4,173,704,000	1.29%
Pfizer Inc.	51.56% 136,400	$3,785,100,000	1.17%
Stellantis N.V	Opened 107,000	$3,028,100,000	0.93%
Teck Resources Ltd	Closed 59,000	$2,493,930,000
National Westn Life Group In	Opened 3,548	$1,745,474,000	0.54%
Intercorp Finl Svcs Inc	1.69% 61,541	$1,465,291,000	0.45%
Occidental Pete Corp	73.80% 17,032	$1,106,910,000	0.34%
Embraer S.A.	Closed 59,208	$1,092,388,000
Direxion Shs Etf Tr	Closed 11,900	$1,007,216,000
Petroleo Brasileiro Sa Petro	Opened 63,818	$970,672,000	0.30%
StoneCo Ltd	Opened 38,600	$641,146,000	0.20%
Vale S.A.	42.47% 50,000	$609,500,000	0.19%
NVIDIA Corp	Opened 550	$496,958,000	0.15%
Alphabet Inc	96.42% 2,300	$347,139,000	0.11%
Robinhood Mkts Inc	Opened 13,400	$269,742,000	0.08%
Nu Hldgs Ltd	Closed 30,000	$249,900,000
Snowflake Inc.	Closed 1,100	$218,900,000
Vinci Partners Invts Ltd	Opened 19,229	$217,288,000	0.07%
Vtex	64.51% 16,548	$135,197,000	0.04%
Zalatoris Ii Acquisition Cor	Opened 33,333	$1,170,000	0.00%
No transactions found
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