PRAGMA GESTAO DE PATRIMONIO LTD

Q4 2025 13F-HR Holdings

Location
Sao Paulo, D5
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
19
Total value ($000)
$234,763
Net value change ($000)
+2,457 (1.1%)
New positions
2
Sold out positions
3
Turnover %
6.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AAXJ 6,865 12.5%
TSM 5,356 188.0%
WDAY 4,575 NEW
DHR 4,099 41.9%
GOOGL 2,638 18.9%
V 2,064 41.7%
ASML 695 NEW
AMZN 455 2.4%
BK 366 6.5%
Top Reduces (Value $000, Stocks/ETFs)
SCHW -7,953 -100.0%
MCO -4,390 -28.1%
PGR -4,103 -69.5%
ALV -2,933 -68.1%
URI -1,337 -100.0%
MA -1,055 -12.6%
APH -792 -100.0%
MELI -734 -10.0%
TDG -400 -2.7%
MSFT -311 -0.9%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type