Absolute Gestao de Investimentos Ltda.
Long book
$875.3M
Q1 2026
Positions
70
Top-10 weight
69%
concentration
Last quarter
+3.4%
SPY +14.8%
Turnover
81%
of book per quarter
Strategy in plain words
auto-generated from filingsAbsolute Gestao de Investimentos Ltda. is an institutional manager, running a $875.3M US long book across 70 positions.
The portfolio is concentrated: the top 10 names carry 69% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ISHARES MSCI EMERGING MARKET, ISHARES MSCI EAFE ETF, HOLOGIC INC, ELECTRONIC ARTS INC, PETROLEO BRASIL-SP PREF ADR.
Over the last 9 quarters its long book ran on average 4pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-7.4%
Q2 2024
-2.6%
Q3 2024
-7.3%
Q4 2024
-13.3%
Q1 2025
+20.0%
Q2 2025
+8.2%
Q3 2025
+3.1%
Q4 2025
+0.5%
Q1 2026
+3.4%
Sector allocation
Other 50%
Technology 23%
Financials 13%
Services media 11%
Consumer discretionary 2%
Materials 1%
Industrials 0%
Long book by quarter
What does Absolute Gestao own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HO1 HOLOGIC INC | — | 1.2M | $91.2M | 10.4% | +91.4% |
| EA ELECTRONIC ARTS INC | Technology | 336.9K | $68.7M | 7.8% | -49.4% |
| AAUC ALLIED GOLD CORP | — | 1.7M | $51.4M | 5.9% | New |
| WBS WEBSTER FINANCIAL CORP | Financials | 300.0K | $20.8M | 2.4% | New |
| APLSUSD APELLIS PHARMACEUTICALS INC | — | 450.0K | $18.1M | 2.1% | New |
| MELI MERCADOLIBRE INC | Services media | 9.7K | $16.8M | 1.9% | New |
| KVUE KENVUE INC | Other | 923.3K | $15.9M | 1.8% | New |
| UNF UNIFIRST CORP/MA | Services media | 58.0K | $14.6M | 1.7% | New |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 961.6K | $13.8M | 1.6% | +802.1% |
| 430 TERNS PHARMACEUTICALS INC | — | 230.0K | $12.1M | 1.4% | New |
| PAGS PAGSEGURO DIGITAL LTD-CL A | Technology | 1.2M | $11.8M | 1.3% | +224.2% |
| DLO DLOCAL LTD | Services media | 896.2K | $11.6M | 1.3% | New |
| XP XP INC - CLASS A | Financials | 584.6K | $11.1M | 1.3% | -74.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 36.9K | $7.7M | 0.9% | +96.0% |
| K4F ONESTREAM INC | — | 245.2K | $5.9M | 0.7% | New |
| KKR KKR & CO INC | Financials | 46.3K | $4.3M | 0.5% | New |
| GOOGL ALPHABET INC-CL A | Technology | 10.0K | $2.9M | 0.3% | +42.9% |
| MU MICRON TECHNOLOGY INC | Technology | 8.5K | $2.9M | 0.3% | New |
| JPM JPMORGAN CHASE & CO | Financials | 9.0K | $2.6M | 0.3% | New |
| META META PLATFORMS INC-CLASS A | Technology | 3.5K | $2.0M | 0.2% | New |
| 7WH UDEMY INC | — | 357.2K | $1.7M | 0.2% | New |
| STNE STONECO LTD-A | Technology | 88.5K | $1.3M | 0.1% | -74.5% |
| FSK FS KKR CAPITAL CORP | — | 115.0K | $1.2M | 0.1% | New |
| ALK ALASKA AIR GROUP INC | Industrials | 28.5K | $1.0M | 0.1% | -34.5% |
| SNDK SANDISK CORP | Technology | 796 | $506K | 0.1% | New |
| TSLA TESLA INC | Industrials | 1.0K | $381K | 0.0% | New |
| AGBK AGI INC-CL A | Financials | 52.3K | $380K | 0.0% | New |
| COHR COHERENT CORP | Other | 1.5K | $355K | 0.0% | +34.1% |
| HYMC HYCROFT MINING HOLDING CO-A | Materials | 9.7K | $342K | 0.0% | New |
| SSRM SSR MINING INC | Financials | 11.6K | $340K | 0.0% | New |
| AG FIRST MAJESTIC SILVER CORP | Materials | 15.7K | $336K | 0.0% | New |
| SVM SILVERCORP METALS INC | Materials | 31.0K | $333K | 0.0% | New |
| CIEN CIENA CORP | Technology | 820 | $318K | 0.0% | New |
| GLW CORNING INC | Industrials | 2.3K | $314K | 0.0% | New |
| LITE LUMENTUM HOLDINGS INC | Technology | 446 | $313K | 0.0% | -51.8% |
| EQX EQUINOX GOLD CORP | Materials | 21.6K | $312K | 0.0% | New |
| AUGO AURA MINERALS INC | Materials | 3.8K | $306K | 0.0% | New |
| SCZM SANTACRUZ SILVER MINING LTD | Materials | 35.4K | $303K | 0.0% | New |
| IAG IAMGOLD CORP | Materials | 16.1K | $302K | 0.0% | New |
| CDE COEUR MINING INC | Materials | 15.3K | $287K | 0.0% | New |
| EXK ENDEAVOUR SILVER CORP | Materials | 29.7K | $277K | 0.0% | New |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 620 | $243K | 0.0% | New |
| TSEM TOWER SEMICONDUCTOR LTD | Technology | 1.3K | $225K | 0.0% | New |
| UCTT ULTRA CLEAN HOLDINGS INC | Technology | 3.5K | $215K | 0.0% | New |
| GEV GE VERNOVA INC | Industrials | 245 | $214K | 0.0% | New |
| NVDA NVIDIA CORP | Technology | 1.2K | $208K | 0.0% | New |
| VRT VERTIV HOLDINGS CO-A | Technology | 830 | $208K | 0.0% | New |
| MKSI MKS INC | Technology | 890 | $205K | 0.0% | New |
| AXTI AXT INC | Technology | 3.5K | $202K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 74 | $877.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 46 | $956.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 45 | $769.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 57 | $311.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 45 | $235.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 44 | $236.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 7, 2024 | 43 | $305.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 32 | $193.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 38 | $329.2M | canonical | SEC ↗ |
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