Absolute Gestao de Investimentos Ltda.

Q3 2025 13F-HR Holdings

Location
Sao Paulo, D5
Holdings as of
9/30/2025
Date filed
11/13/2025
Form type
13F-HR
Num holdings
45
Total value ($000)
$769,140
Net value change ($000)
+457,334 (146.7%)
New positions
25
Sold out positions
42
Turnover %
89.0%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q2 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)
CYBR 92,232 NEW
GTLS 88,215 NEW
EWZ 48,849 NEW
EMXC 48,270 NEW
VRNA 44,117 NEW
Merus N.V. 31,125 NEW
KWEB 28,955 1305.5%
EFA 26,657 NEW
SAND 24,456 NEW
KEL 22,991 158.8%
Top Reduces (Value $000, Stocks/ETFs)
JNP -49,923 -100.0%
FYBR -22,761 -87.7%
ALE -17,542 -100.0%
PAGSEGURO DIGITAL LTD -13,425 -100.0%
MAG SILVER CORP -10,152 -100.0%
NV5 Global, Inc. -5,158 -100.0%
VTEX -3,702 -100.0%
TSM -2,746 -100.0%
GOOGL -2,732 -100.0%
GLOB -2,589 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 12,274 (1.6% of total reported value)
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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type