T2
Turim 21 Investimentos Ltda. 13F Holdings (Q2 2026) — Stock Portfolio & Buys
Turim 21 Investimentos Ltda.CIK: 0001652174
Momentum follower
Total reported value
$613.2M
Reporting period: 2026-06-30 · Number of holdings: 122
Turim 21 Investimentos Ltda. disclosed 122 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $613.2M and a quarterly turnover rate of 50.8%.
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Personality snowflake
- Concentration
- 46.8
- Portfolio Stability
- 50.75
- Momentum
- 100
- Sector conviction
- 64.88
- Diversification
- 100
- Sizing Uniformity
- 63.58
Turim 21 Investimentos Ltda.'s disclosed holdings carry a Herfindahl concentration index of 0.117 — mathematically equivalent to about 9 equally-sized positions, well below its 122 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 3.64), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 3.2 percentage-point tilt) — a pattern consistent with a momentum-following approach.
Sector classification currently covers about 21% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd EWZ
+22987.4% $89.4M
Trim VTI
+3.4% $24.6M
New buy RSX1USD
Add IEMG
+6268.2% $35.9M
Trim VTWO
+4.3% -$5.3M
Trim VALE
-5.0% -$4.3M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 121 holdings (of 122 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 25.48% | -7.55% | +3.38% | |
| 2 | EWZ | Ishares Msci Brazil ETF | ETF-Other | 14.64% | +14.53% | +22987.37% | |
| 3 | RSX1USD | Vaneck Vectors Russia ETF | ETF-Other | 7.45% | +7.45% | NEW | |
| 4 | VTWO | Vanguard Russell 2000 ETF | ETF-Small Cap | 7.29% | -5.26% | +4.34% | |
| 5 | VALE | Vale Sa-sp Adr | Stock-Materials | 6.24% | -4.45% | -4.99% | |
| 6 | SQQQ | ProShares UltraPro Short QQQ | Stock-Other | 6.18% | +1.20% | +49.61% | |
| 7 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 5.93% | +5.81% | +6268.25% | |
| 8 | ISHG | Ishares -3 Year Internationa | ETF-Other | 5.77% | -2.81% | +3.46% | |
| 9 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 3.95% | -2.22% | -14.01% | |
| 10 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 3.89% | -1.52% | -10.19% | |
| 11 | MSFT | Microsoft CORP | Stock-Tech | 3.67% | -1.65% | +5.44% | |
| 12 | XYZ | Block Inc | Stock-Financials | 1.73% | +1.73% | NEW | |
| 13 | BMA | Banco Macro Sa-adr | Stock-Other | 1.58% | -1.10% | — | |
| 14 | PAGS | PagSeguro Digital Ltd. | Stock-Other | 0.85% | +0.29% | +134.75% | |
| 15 | IBIT | Ishares Bitcoin Trust ETF | ETF-Crypto | 0.66% | -0.51% | — | |
| 16 | BRK-A | Berkshire Hathaway Inc-cl A | Stock-Other | 0.49% | -0.23% | — | |
| 17 | URNM | Sprott Uranium Miners ETF | ETF-Other | 0.41% | -0.35% | — | |
| 18 | BIL | Ss Spdr Bb 1-3m T-bill ETF | ETF-Gov Bonds | 0.35% | -0.18% | — | |
| 19 | GGAL | Grupo Financiero Galicia-adr | Stock-Other | 0.34% | -0.15% | — | |
| 20 | AAPL | Apple Inc | Stock-Tech | 0.33% | -0.11% | — | |
| 21 | CROX | Crocs Inc | Stock-Consumer Disc | 0.27% | -0.09% | +41.24% | |
| 22 | DIS | Walt Disney Co/the | Stock-Comm Services | 0.22% | -0.12% | — | |
| 23 | XOP | Ss Spdr S&p Og Exp & Prod | ETF-Other | 0.20% | -0.03% | +21.35% | |
| 24 | SW | Smurfit Westrock Plc | Stock-Consumer Disc | 0.20% | -0.13% | — | |
| 25 | EL | Estee Lauder Companies-cl A | Stock-Consumer Staples | 0.17% | -0.07% | +6.84% | |
| 26 | PXDEUR | Pioneer Natural Resources Co | Stock-Other | 0.17% | -0.21% | — | |
| 27 | KWEB | Kranesh Csi China Internet | ETF-Emerging Markets | 0.16% | -0.09% | +12.59% | |
| 28 | TIP | Ishares Tips Bond ETF | ETF-Other | 0.12% | -0.06% | — | |
| 29 | VTEX | Vtex | Stock-Other | 0.10% | +0.10% | NEW | |
| 30 | IEF | Ishares 7-10 Year Treasury B | ETF-Gov Bonds | 0.09% | -0.05% | — | |
| 31 | EWY | Ishares Msci South Korea ETF | ETF-Other | 0.08% | +0.08% | NEW | |
| 32 | SGML | Sigma Lithium CORP | Stock-Other | 0.07% | -0.07% | -22.22% | |
| 33 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 0.06% | +0.05% | +703.70% | |
| 34 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 0.05% | -0.02% | — | |
| 35 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.05% | +0.05% | +3628.57% | |
| 36 | VCIT | Vanguard Int-term Corporate | ETF-Corp Bonds | 0.05% | -0.02% | — | |
| 37 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.05% | — | +30.35% | |
| 38 | IEI | Ishares 3-7 Year Treasury Bo | ETF-Gov Bonds | 0.04% | -0.03% | — | |
| 39 | NVDA | Nvidia CORP | Stock-Tech | 0.04% | -0.02% | — | |
| 40 | ETHE | Grayscale Ethereum Staking E | ETF-Other | 0.03% | -0.04% | — | |
| 41 | BITW | Bitwise 10 Crypto Index ETF | ETF-Crypto | 0.03% | -0.03% | — | |
| 42 | SLB | Slb LTD | Stock-Energy | 0.03% | -0.02% | — | |
| 43 | HAL | Halliburton Co | Stock-Energy | 0.03% | -0.02% | — | |
| 44 | OBDC | Blue Owl Capital CORP | Stock-Financials | 0.03% | -0.01% | — | |
| 45 | DMRC | Digimarc Corporation | Stock-Other | 0.03% | +0.01% | — | |
| 46 | MUB | Ishares National Muni Bond E | ETF-Other | 0.03% | -0.01% | — | |
| 47 | ✓ | Stock-Other | 0.02% | +0.02% | NEW | ||
| 48 | EMXC | Ishares Msci Emr Mrk Ex Chna | ETF-Other | 0.02% | +0.02% | NEW | |
| 49 | NXE | Nexgen Energy LTD | Stock-Other | 0.02% | -0.01% | — | |
| 50 | XME | Ss Spdr S&p Metals Mining | ETF-Other | 0.02% | +0.02% | NEW |
1–50 of 121
Portfolio Performance
Performance for Q3 2026
-2.4%
Performance Last 4 Quarters
+25%
- Stdev
- +13.1%
- Beta
- +0.9
- Alpha
- +1%
- Max Drawdown
- -8.1%
- Annualized Perf
- +19.8%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +2.88
- Stutzer
- +0.42
- Treynor
- +0.21
- Sterling
- +1.24
- Calmar
- +2.45
- Information Ratio
- -0.16
- Tracking Error
- +6.2%
- Stdev Down
- +6.6%
- Winning Months %
- +66.7%
- Losing Months %
- +33.3%
- Best 12 Months
- +42.2%
- Worst 12 Months
- +3.2%
- Efficiency Ratio
- +0.58
- Sharpe
- +1.45
- Stdev Sectors
- +10.8%
- Skewness
- -0.06
- Kurtosis
- -0.24
- Upside Potential
- +4.6
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 122 | $613.2M | 51 | ||
| 2026 Q1 | 118 | $398.6M | 86 | ||
| 2025 Q4 | 115 | $259.0M | 28 | ||
| 2025 Q3 | 117 | $297.2M | 97 | ||
| 2025 Q2 | 83 | $511.1M | 0 | ||
| 2025 Q1 | 81 | $372.3M | 100 | ||
| 2024 Q4 | 84 | $383.9M | 0 | ||
| 2024 Q3 | 79 | $363.4M | 0 | ||
| 2024 Q2 | 74 | $392.0M | 0 | ||
| 2024 Q1 | 74 | $393.2M | 0 | ||
| 2023 Q4 | 80 | $312.8M | 0 | ||
| 2023 Q3 | 75 | $227.1M | 0 | ||
| 2023 Q2 | 77 | $197.4M | 0 | ||
| 2023 Q1 | 65 | $98.9M | 0 | ||
| 2022 Q4 | 73 | $183.1M | 0 | ||
| 2022 Q3 | 87 | $116.8M | 0 | ||
| 2022 Q2 | 100 | $115.3M | 0 | ||
| 2022 Q1 | 119 | $229.9M | 0 | ||
| 2021 Q4 | 98 | $229.1M | 0 | ||
| 2021 Q3 | 95 | $216.4M | 0 | ||
| 2021 Q2 | 110 | $300.1M | 72 | ||
| 2021 Q1 | 132 | $168.9M | 100 | ||
| 2020 Q4 | 91 | $19.3M | 100 | ||
| 2020 Q3 | 67 | $83.9M | 93 | ||
| 2020 Q2 | 32 | $98.6M | 100 | ||
| 2020 Q1 | 26 | $48.3M | 100 | ||
| 2019 Q4 | 19 | $147.4M | 43 | ||
| 2019 Q3 | 20 | $223.5M | 88 | ||
| 2019 Q2 | 20 | $276.5M | 51 | ||
| 2019 Q1 | 21 | $202.2M | 84 | ||
| 2018 Q4 | 25 | $416.1M | 100 | ||
| 2018 Q3 | 31 | $249.3M | 52 | ||
| 2018 Q2 | 30 | $191.6M | 52 | ||
| 2018 Q1 | 39 | $287.7M | 63 | ||
| 2017 Q4 | 35 | $262.8M | 53 | ||
| 2017 Q3 | 32 | $423.5M | 0 |
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Holding changes this quarter
Turim 21 Investimentos Ltda.'s most significant position changes for 2026-06-30: New buy: Vaneck Vectors Russia ETF (RSX1USD); New buy: Block Inc (XYZ); Sold out: Ericsson (lm) Tel-sp Adr (ERIC); New buy: Vtex (VTEX); New buy: Ishares Msci South Korea ETF (EWY).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | EWZ | Ishares Msci Brazil ETF | +14.5% | +22987.37% | Add |
| 2 | RSX1USD | Vaneck Vectors Russia ETF | +7.5% | NEW | New buy |
| 3 | IEMG | Ishares Core Msci Emerging | +5.8% | +6268.25% | Add |
| 4 | XYZ | Block Inc | +1.7% | NEW | New buy |
| 5 | SQQQ | ProShares UltraPro Short QQQ | +1.2% | +49.61% | Add |
| 6 | PAGS | PagSeguro Digital Ltd. | +0.3% | +134.75% | Add |
| 7 | VTEX | Vtex | +0.1% | NEW | New buy |
| 8 | EWY | Ishares Msci South Korea ETF | +0.1% | NEW | New buy |
| 9 | IEFA | Ishares Core Msci Eafe ETF | +0.1% | +703.70% | Add |
| 10 | LLY | Eli Lilly & Co | +0.1% | +3628.57% | Add |
| 11 | ✓ | 0% | NEW | New buy | |
| 12 | EMXC | Ishares Msci Emr Mrk Ex Chna | 0% | NEW | New buy |
| 13 | XME | Ss Spdr S&p Metals Mining | 0% | NEW | New buy |
| 14 | SLV | Ishares Silver Trust | 0% | NEW | New buy |
| 15 | DMRC | Digimarc Corporation | 0% | — | Unchanged |
| 16 | GOOGL | Alphabet Inc-cl A | — | +30.35% | Add |
| 17 | CAT | Caterpillar Inc | — | — | Unchanged |
| 18 | TSM | Taiwan Semiconductor-sp Adr | — | — | Unchanged |
| 19 | EEM | Ishares Msci Emerging Market | — | — | Unchanged |
| 20 | MS | Morgan Stanley | — | — | Unchanged |
| 21 | BAND | Bandwidth Inc-class A | — | — | Unchanged |
| 22 | FBTC | Fidelity Wise Origin Bitcoin | — | — | Unchanged |
| 23 | ARKB | Ark 21shares Bitcoin ETF | — | — | Unchanged |
| 24 | BITB | Bitwise Bitcoin ETF | — | — | Unchanged |
| 25 | HODL | Vaneck Bitcoin ETF | — | — | Unchanged |
| 26 | ✓ | Ambipar Emergency Response | — | EXIT | Sold out |
| 27 | XLE | Ss Energy Select Sector | — | — | Unchanged |
| 28 | IDEV | Ishares Core Msci Dev Mkts | — | — | Unchanged |
| 29 | LHX | L3harris Technologies Inc | — | — | Unchanged |
| 30 | TSLA | Tesla Inc | — | — | Unchanged |
| 31 | SAN | Banco Santander Sa-spon Adr | — | — | Unchanged |
| 32 | FSLY | Fastly Inc - Class A | — | — | Unchanged |
| 33 | AVGO | Broadcom Inc | — | — | Unchanged |
| 34 | WMT | Walmart Inc | — | — | Unchanged |
| 35 | SHEL | Shell Plc-adr | — | — | Unchanged |
| 36 | COPX | Global X Copper Miners ETF | — | — | Unchanged |
| 37 | NFLX | Netflix Inc | — | — | Unchanged |
| 38 | BCS | Barclays Plc-spons Adr | — | — | Unchanged |
| 39 | SOXX | Ishares Semiconductor ETF | — | — | Unchanged |
| 40 | AXP | American Express Co | — | — | Unchanged |
| 41 | SPYD | Ss Spdr P S&p 500 Hi Div ETF | — | — | Unchanged |
| 42 | ISRG | Intuitive Surgical Inc | — | — | Unchanged |
| 43 | FIG | Figma Inc-cl A | — | — | Unchanged |
| 44 | NVO | Novo-nordisk A/s-spons Adr | — | — | Unchanged |
| 45 | EH | Ehang Holdings Ltd-sps Adr | — | — | Unchanged |
| 46 | ✓ | Inter & Co Inc | — | — | Unchanged |
| 47 | JOBY | Joby Aviation, Inc. | — | — | Unchanged |
| 48 | IHE | Ishares US Pharmaceuticals E | — | — | Unchanged |
| 49 | ABBV | Abbvie Inc | — | — | Unchanged |
| 50 | IGV | Ishares Expanded Tech-softwa | — | — | Unchanged |
1–50 of 125
Filing History
FAQ
What is Turim 21 Investimentos Ltda. and what type of investor is it?
Turim 21 Investimentos Ltda. is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $613.2M, spread across 122 disclosed positions.
What are Turim 21 Investimentos Ltda.'s largest equity positions?
Based on the latest 13F filing, Turim 21 Investimentos Ltda.'s top holdings by market value are:
1. Vanguard Total Stock Mkt ETF (VTI) — $156.3M (25.5%)
2. Ishares Msci Brazil ETF (EWZ) — $89.8M (14.6%)
3. Vaneck Vectors Russia ETF (RSX1USD) — $45.7M (7.5%)
4. Vanguard Russell 2000 ETF (VTWO) — $44.7M (7.3%)
5. Vale Sa-sp Adr (VALE) — $38.3M (6.2%)
What changes did Turim 21 Investimentos Ltda. make in its most recent portfolio filing?
In the latest reported quarter, Turim 21 Investimentos Ltda. made 31 notable position adjustments: 8 new positions were initiated, 15 existing holdings were added to, 4 positions were partially reduced, and 4 were completely exited. The largest of these moves: New buy: Vaneck Vectors Russia ETF (RSX1USD); New buy: Block Inc (XYZ); Sold out: Ericsson (lm) Tel-sp Adr (ERIC); New buy: Vtex (VTEX); New buy: Ishares Msci South Korea ETF (EWY)
What sectors does Turim 21 Investimentos Ltda. focus on?
Turim 21 Investimentos Ltda. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Materials: 29.7%
• Consumer Discretionary: 21.0%
• Communication Services: 19.8%
• Information Technology: 19.3%
• Financials: 8.6%
• Consumer Staples: 0.9%
Investment Profile
Turim 21 Investimentos Ltda. returned an annualized 19.8% over the trailing 36 months — outperforming the S&P 500 by 1.0 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.90 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is moderately concentrated and moderately active.
Its turnover score has risen from 0 to 51 over the past 4 quarters — a shift toward more active trading.
It has added to its VTI position over the past two quarters (+$67.0M, now $156.3M), while trimming PXDEUR over the same stretch (-$780.2K, still holding $1.0M).
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Developer Access
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