Latest Turim 21 Investimentos Ltda. Stock Portfolio

$398Million– No. of Holdings #116

Turim 21 Investimentos Ltda. Performance:

2026 Q1: -1.25%YTD: -1.25%2025: 11.66%

Performance for 2026 Q1 is -1.25%, and YTD is -1.25%, and 2025 is 11.66%.

About Turim 21 Investimentos Ltda. and 13F Hedge Fund Stock Holdings

On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Turim 21 Investimentos Ltda. reported an equity portfolio of $398.6 Millions as of 31 Mar, 2026.

The top stock holdings of Turim 21 Investimentos Ltda. are VB, BNDW, VALE. The fund has invested 33% of it's portfolio in SPDR S&P 500 ETF TRUST and 12.6% of portfolio in SPDR GOLD SHARES.

The fund managers got completely rid off ISHARES MSCI EAFE ETF (IJR), ISHARES MSCI EMR MRK EX CHNA (EMGF) and CAMECO CORP (CCJ) stocks. They significantly reduced their stock positions in ISHARES CORE MSCI EMERGING (EMGF), ISHARES MSCI EMRG MARKET ETF (IJR) and TESLA INC (TSLA). Turim 21 Investimentos Ltda. opened new stock positions in SPDR GOLD SHARES (BNDW), ISHARES 1-3 YR INT TREASURY BOND (AAXJ) and SPROTT PHYSICAL URANIUM TRUS CAD (BMA). The fund showed a lot of confidence in some stocks as they added substantially to ALPHABET INC-CL C (GOOG), MICROSOFT CORP (MSFT) and AMAZON.COM, INC (AMZN).

Turim 21 Investimentos Ltda. Equity Portfolio Value

Last Reported on: 15 May, 2026

Turim 21 Investimentos Ltda. Annual Return Estimates Vs S&P 500

Our best estimate is that Turim 21 Investimentos Ltda. made a return of -1.25% in the last quarter. In trailing 12 months, it's portfolio return was 16.46%.

Performance
S&P 500

New Buys

Ticker	$ Bought
spdr gold shares	50,039,300
ishares 1-3 yr int treasury bond	34,197,100
sprott physical uranium trus cad	10,672,700
taiwan semiconductor-sp adr	3,011,950
afya ltd-class a	2,224,820
vaneck gold miners	255,855
halliburton co	197,601
schlumberger ltd	191,736

New stocks bought by Turim 21 Investimentos Ltda.

Additions

Ticker	% Inc.
alphabet inc-cl c	1,107
microsoft corp	790
amazon.com, inc	604
vanguard int-term corporate	551
ishares bitcoin trust	319
ishares 7-10 year treasury b	178
nvidia corporation	144
grupo financiero galicia-adr	74.44

Additions to existing portfolio by Turim 21 Investimentos Ltda.

Reductions

Ticker	% Reduced
itau unibanco h-spon prf adr	-97.00
ishares core msci emerging	-96.84
ishares msci emrg market etf	-92.95
ishares usd hy corp usd acc	-86.77
tesla inc	-73.13
digimarc corp	-66.39
invesco s&p 500 equal weight	-56.01
ishares core msci eafe etf	-52.15

Turim 21 Investimentos Ltda. reduced stake in above stock

Sold off

Ticker	$ Sold
ishares msci eafe etf	-42,457,500
ishares msci emr mrk ex chna	-3,951,760
cameco corp	-499,261
global x cybersecurity etf	-164,271
western asst infl-lnk opp	-43,208
petrobras - common adr	-45,267
blackrock core bond trust	-26,181
pimco income strategy fd ii	-17,925

Turim 21 Investimentos Ltda. got rid off the above stocks

Sector Distribution

Turim 21 Investimentos Ltda. has about 81% of it's holdings in Others sector.

Others
Consumer Cyclical
Technology
Communication Services

Sector	%
Others	81
Consumer Cyclical	6.5
Technology	5.9
Communication Services	5.8

Market Cap. Distribution

Turim 21 Investimentos Ltda. has about 17.6% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
MEGA-CAP

Category	%
UNALLOCATED	81.3
MEGA-CAP	17.6

Stocks belong to which Index?

About 18.6% of the stocks held by Turim 21 Investimentos Ltda. either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500

Index	%
Others	80.8
S&P 500	18.6

Top 5 Winners (%)		%
FSLY	fastly inc - class a	185.5 %
XLB	energy select sector spdr	37.0 %
BKSY	blacksky technology inc	34.2 %
CROX	nexgen energy ltd	26.1 %
VALE	vale sa-sp adr	20.5 %

Top 5 Winners ($)		$
VALE	vale sa-sp adr	8.4 M
ERIC	ericsson (lm) tel-sp adr	1.1 M
CROX	nexgen energy ltd	0.3 M
EMGF	ishares core msci emerging	0.3 M
ACWV	ishares msci brazil capped etf	0.1 M

Top 5 Losers (%)		%
	ambipar emergency response --	-91.4 %
	nvni group ltd	-56.6 %
	figma inc-cl a	-43.4 %
JOBY	joby aviation inc	-37.4 %
ACHR	archer aviation inc-a	-31.3 %

Top 5 Losers ($)		$
VB	spdr s&p 500 etf trust	-5.3 M
MSFT	microsoft corp	-3.6 M
AMZN	amazon.com, inc	-1.5 M
ALTS	invesco qqq trust series 1	-1.3 M
GOOG	alphabet inc-cl c	-1.1 M

Turim 21 Investimentos Ltda. Holdings Map

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

Current Stock Holdings of Turim 21 Investimentos Ltda.

Turim 21 Investimentos Ltda. has 116 stocks in it's portfolio. About 91.3% of the portfolio is in top 10 stocks. VB proved to be the most loss making stock for the portfolio. VALE was the most profitable stock for Turim 21 Investimentos Ltda. last quarter.

Last Reported on: 15 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.44	6,967	1,768,160	reduced	-1.87

AAXJ	ishares 1-3 yr int treasury bond	8.58	460,975	34,197,100	new

AAXJ	ishares 3-7 year treasury bo	0.07	2,335	276,087	added	7.75

AAXJ	ishares national muni bond e	0.04	1,514	160,711	new

AAXJ	ishares us pharmaceuticals e	0.00	109	9,448	new

AAXJ	ishares 10-20 year treasury	0.00	0.00	0.00	sold off	-100

AAXJ	ishares global clean energy	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.00	39.00	8,482	new

ACHR	archer aviation inc-a	0.00	1,944	10,050	unchanged	0.00

ACT	vaneck russia etf	0.00	21,727	0.00	unchanged	0.00

ACWV	ishares msci brazil capped etf	0.11	11,273	432,770	reduced	-48.25

ACWV	ishares msci chile etf	0.00	0.00	0.00	sold off	-100

AFK	vaneck gold miners	0.06	2,788	255,855	new

AFK	vanguard s&p 500 etf	0.00	0.00	0.00	sold off	-100

AFYA	grove collaborative holdings	0.00	214	274	unchanged	0.00

AGNG	shell plc-adr	0.00	182	16,926	new

AGNG	global x lithium & battery t	0.00	0.00	0.00	sold off	-100

AGNG	global x cybersecurity etf	0.00	0.00	0.00	sold off	-100

AGT	ishares core msci dev mkts	0.02	1,133	94,685	unchanged	0.00

AIRR	fthi/first trust exchange-tr	0.00	0.00	0.00	sold off	-100