Wealth High Governance Capital Ltda
Long book
$333.2M
Q1 2026
Positions
46
Top-10 weight
43%
concentration
Last quarter
+4.8%
SPY +14.8%
Turnover
67%
of book per quarter
Strategy in plain words
auto-generated from filingsWealth High Governance Capital Ltda is a concentrated fundamental stock-picker, running a $333.2M US long book across 46 positions.
The portfolio is moderately concentrated (top 10 ≈ 43% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: COMFORT SYSTEMS USA INC, ROSS STORES INC, PARKER HANNIFIN CORP, PAN AMERICAN SILVER CORP, NRG ENERGY INC.
Over the last 9 quarters its long book ran on average 1.3pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.4%
Q2 2024
+2.0%
Q3 2024
+13.0%
Q4 2024
-10.1%
Q1 2025
+18.2%
Q2 2025
+7.4%
Q3 2025
+6.5%
Q4 2025
+8.6%
Q1 2026
+4.8%
Sector allocation
Industrials 28%
Technology 23%
Materials 22%
Utilities 8%
Consumer discretionary 6%
Communications 3%
Other 3%
Consumer staples 3%
Long book by quarter
What does Wealth High own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| FIX COMFORT SYSTEMS USA INC | Industrials | 14.0K | $19.3M | 5.8% | New |
| ROST ROSS STORES INC | Consumer discretionary | 87.7K | $19.0M | 5.7% | +1025.0% |
| PH PARKER HANNIFIN CORP | Industrials | 21.1K | $18.9M | 5.7% | +54.4% |
| PAAS PAN AMERICAN SILVER CORP | Materials | 316.2K | $17.3M | 5.2% | +102.7% |
| NRG NRG ENERGY INC | Utilities | 87.7K | $12.8M | 3.8% | -43.7% |
| FCX FREEPORT-MCMORAN INC | Materials | 210.8K | $12.4M | 3.7% | New |
| CW CURTISS-WRIGHT CORP | Industrials | 17.6K | $12.0M | 3.6% | -9.8% |
| SN SHARKNINJA INC | Industrials | 105.4K | $11.2M | 3.4% | +8.2% |
| CIEN CIENA CORP | Technology | 28.0K | $10.9M | 3.3% | New |
| NXT NEXTPOWER INC-CL A | Technology | 87.7K | $10.6M | 3.2% | -43.7% |
| VST VISTRA CORP | Utilities | 70.1K | $10.5M | 3.2% | New |
| DOCN DIGITALOCEAN HOLDINGS INC | Technology | 122.6K | $10.5M | 3.2% | New |
| ECHO ECHOSTAR CORP-A | Communications | 87.6K | $10.3M | 3.1% | -25.1% |
| CLS CELESTICA INC | Technology | 35.0K | $9.9M | 3.0% | +12.4% |
| LITE LUMENTUM HOLDINGS INC | Technology | 14.0K | $9.8M | 3.0% | -60.0% |
| CELH CELSIUS HOLDINGS INC | Consumer staples | 245.4K | $8.7M | 2.6% | +25.9% |
| NET CLOUDFLARE INC - CLASS A | Technology | 42.1K | $8.7M | 2.6% | New |
| CENX CENTURY ALUMINUM COMPANY | Industrials | 140.5K | $8.2M | 2.5% | +44.2% |
| ALB ALBEMARLE CORP | Materials | 42.1K | $7.6M | 2.3% | -56.8% |
| TKR TIMKEN CO | Industrials | 70.2K | $7.1M | 2.1% | -43.7% |
| AS AMER SPORTS INC | Other | 210.9K | $6.9M | 2.1% | +170.5% |
| SEI SOLARIS ENERGY INFRASTRUCTUR | Industrials | 122.8K | $6.9M | 2.1% | -9.9% |
| AGI ALAMOS GOLD INC-CLASS A | Materials | 140.5K | $6.2M | 1.9% | New |
| B BARRICK MINING CORP | Materials | 140.5K | $5.7M | 1.7% | +80.0% |
| KGC KINROSS GOLD CORP | Materials | 175.5K | $5.4M | 1.6% | New |
| CNR CORE NATURAL RESOURCES INC | Materials | 42.1K | $4.4M | 1.3% | New |
| AUGO AURA MINERALS INC | Materials | 52.7K | $4.3M | 1.3% | New |
| DDOG DATADOG INC - CLASS A | Technology | 34.6K | $4.1M | 1.2% | New |
| HLI HOULIHAN LOKEY INC | Financials | 25.8K | $3.7M | 1.1% | -33.8% |
| BTU PEABODY ENERGY CORP | Materials | 105.1K | $3.5M | 1.0% | New |
| MEOH METHANEX CORP | Other | 42.1K | $2.5M | 0.8% | New |
| BKR BAKER HUGHES CO | Industrials | 35.1K | $2.1M | 0.6% | New |
| SNOW SNOWFLAKE INC | Technology | 14.0K | $2.1M | 0.6% | New |
| AGBK AGI INC-CL A | Financials | 280.6K | $2.0M | 0.6% | New |
| XP XP INC - CLASS A | Financials | 105.1K | $2.0M | 0.6% | -73.0% |
| ENLT ENLIGHT RENEWABLE ENERGY LTD | Utilities | 21.1K | $1.4M | 0.4% | New |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 7.0K | $1.0M | 0.3% | New |
| NOW SERVICENOW INC | Technology | 7.0K | $732K | 0.2% | New |
| SRAD SPORTRADAR GROUP AG-A | Technology | 14.0K | $234K | 0.1% | -94.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Jun 18, 2026 | 46 | $333.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ARESTATEMENT | Jun 18, 2026 | 46 | $341.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 46 | $534.5M | SEC ↗ | |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 35 | $348.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 33 | $322.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 26 | $153.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ARESTATEMENT | Apr 7, 2025 | 45 | $278.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 45 | $278.8M | SEC ↗ | |
| Q3 2024 | 13F-HR | Feb 7, 2025 | 41 | $284.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Feb 7, 2025 | 41 | $403.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Feb 7, 2025 | 61 | $447.3M | canonical | SEC ↗ |
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