Absolute Gestao de Investimentos Ltda. Hedge Fund

CIK: 0001622610 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 14, 2025

Total Value ($000): $235,905 (100.0% shares, 0.0% debt)

Holdings (45)

— JUNIPER NETWORKS INC 24.7%

Value ($000) $58,350 Shares 1,612,319 Est. Cost $36.83 Unrealized —

— FRONTIER COMMUNICATIONS PARE 19.5%

Value ($000) $46,018 Shares 1,283,279 Est. Cost $35.34 Unrealized —

— ALLETE INC 10.8%

Value ($000) $25,541 Shares 388,753 Est. Cost $64.89 Unrealized —

— KELLANOVA 8.2%

Value ($000) $19,375 Shares 234,872 Est. Cost $78.88 Unrealized +1.4%

BABA ALIBABA GROUP HLDG LTD 3.6%

Value ($000) $8,439 Shares 63,819 Est. Cost $129.30 Unrealized —

— ENSTAR GROUP LIMITED 2.9%

Value ($000) $6,847 Shares 20,600 Est. Cost $322.05 Unrealized —

— H & E EQUIPMENT SERVICES INC 2.8%

Value ($000) $6,540 Shares 68,996 Est. Cost $94.79 Unrealized —

— EVERI HLDGS INC 2.7%

Value ($000) $6,434 Shares 470,661 Est. Cost $13.14 Unrealized —

AMZN AMAZON COM INC 2.6%

Value ($000) $6,145 Shares 32,298 Est. Cost $206.25 Unrealized +5.2%

TSM TAIWAN SEMICONDUCTOR MFG LTD 2.5%

Value ($000) $5,976 Shares 36,000 Est. Cost $167.40 Unrealized —

KKR KKR & CO INC 1.9%

Value ($000) $4,509 Shares 39,000 Est. Cost $136.88 Unrealized 0.0%

KWEB KRANESHARES TRUST 1.6%

Value ($000) $3,798 Shares 108,800 Est. Cost $34.91 Unrealized —

TLN TALEN ENERGY CORP 1.4%

Value ($000) $3,384 Shares 16,950 Est. Cost $216.89 Unrealized 0.0%

VST VISTRA CORP 1.3%

Value ($000) $3,011 Shares 25,640 Est. Cost $148.62 Unrealized 0.0%

Value ($000) $2,512 Shares 182,708 Est. Cost $13.77 Unrealized 0.0%

— ISHARES TR 1.0%

Value ($000) $2,475 Shares 60,125 Est. Cost — Unrealized —

— SELECT SECTOR SPDR TR 1.0%

Value ($000) $2,328 Shares 112,800 Est. Cost — Unrealized —

GGAL GRUPO FINANCIERO GALICIA S.A 0.9%

Value ($000) $2,152 Shares 39,500 Est. Cost $59.28 Unrealized —

IRS IRSA INVERSIONES Y REP S A 0.8%

Value ($000) $1,956 Shares 151,603 Est. Cost $12.90 Unrealized —

Value ($000) $1,909 Shares 376,621 Est. Cost $6.66 Unrealized -14.7%

EWJ ISHARES INC 0.7%

Value ($000) $1,714 Shares 25,000 Est. Cost $68.56 Unrealized —

CEG CONSTELLATION ENERGY CORP 0.7%

Value ($000) $1,613 Shares 8,000 Est. Cost $266.65 Unrealized 0.0%

KRE SPDR SER TR 0.6%

Value ($000) $1,384 Shares 24,340 Est. Cost $57.68 Unrealized —

EWG ISHARES INC 0.6%

Value ($000) $1,298 Shares 35,000 Est. Cost $37.08 Unrealized —

— SPDR GOLD TR 0.5%

Value ($000) $1,284 Shares 2,080 Est. Cost — Unrealized —

RIO RIO TINTO PLC 0.5%

Value ($000) $1,202 Shares 20,000 Est. Cost $60.08 Unrealized —

BIDU BAIDU INC 0.4%

Value ($000) $1,058 Shares 11,500 Est. Cost $92.03 Unrealized —

STNE STONECO LTD 0.4%

Value ($000) $904 Shares 86,286 Est. Cost $11.60 Unrealized —

META META PLATFORMS INC 0.4%

Value ($000) $871 Shares 1,512 Est. Cost $643.25 Unrealized 0.0%

MELI MERCADOLIBRE INC 0.3%

Value ($000) $741 Shares 380 Est. Cost $1943.98 Unrealized +2.1%

— ISHARES TR 0.3%

Value ($000) $741 Shares 124,300 Est. Cost — Unrealized —

PAGS PAGSEGURO DIGITAL LTD 0.3%

Value ($000) $719 Shares 94,169 Est. Cost $11.33 Unrealized -34.3%

VIST VISTA ENERGY S.A.B. DE C.V. 0.3%

Value ($000) $698 Shares 15,000 Est. Cost $46.56 Unrealized —

SNOW SNOWFLAKE INC 0.3%

Value ($000) $697 Shares 4,770 Est. Cost $169.70 Unrealized 0.0%

HOOD ROBINHOOD MKTS INC 0.2%

Value ($000) $507 Shares 12,190 Est. Cost $32.81 Unrealized +44.9%

MU MICRON TECHNOLOGY INC 0.2%

Value ($000) $450 Shares 5,183 Est. Cost $95.73 Unrealized 0.0%

— SELECT SECTOR SPDR TR 0.2%

Value ($000) $443 Shares 7,900 Est. Cost — Unrealized —

— ALIBABA GROUP HLDG LTD 0.2%

Value ($000) $438 Shares 3,725 Est. Cost — Unrealized —

DB DEUTSCHE BANK A G 0.2%

Value ($000) $357 Shares 15,000 Est. Cost $20.41 Unrealized 0.0%

LLY ELI LILLY & CO 0.1%

Value ($000) $320 Shares 387 Est. Cost $822.00 Unrealized +0.6%

— ISHARES TR 0.1%

Value ($000) $219 Shares 15,000 Est. Cost — Unrealized —

SUZ SUZANO S A 0.1%

Value ($000) $184 Shares 19,850 Est. Cost $9.29 Unrealized —

— ROCKET LAB USA INC 0.1%

Value ($000) $179 Shares 10,000 Est. Cost $17.88 Unrealized —

— ISHARES INC 0.1%

Value ($000) $146 Shares 20,850 Est. Cost — Unrealized —

— AZUL S A 0.0%

Value ($000) $38 Shares 23,050 Est. Cost $1.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	JUNIPER NETWORKS INC	1,612,319	$58,350	24.7%	$36.83	—	COM	48203R104
—	FRONTIER COMMUNICATIONS PARE	1,283,279	$46,018	19.5%	$35.34	—	COM	35909D109
—	ALLETE INC	388,753	$25,541	10.8%	$64.89	—	COM NEW	018522300
—	KELLANOVA	234,872	$19,375	8.2%	$78.88	+1.4%	COM	487836108
BABA	ALIBABA GROUP HLDG LTD	63,819	$8,439	3.6%	$129.30	—	SPONSORED ADS	01609W102
—	ENSTAR GROUP LIMITED	20,600	$6,847	2.9%	$322.05	—	SHS	G3075P101
—	H & E EQUIPMENT SERVICES INC	68,996	$6,540	2.8%	$94.79	—	COM	404030108
—	EVERI HLDGS INC	470,661	$6,434	2.7%	$13.14	—	COM	30034T103
AMZN	AMAZON COM INC	32,298	$6,145	2.6%	$206.25	+5.2%	COM	023135106
TSM	TAIWAN SEMICONDUCTOR MFG LTD	36,000	$5,976	2.5%	$167.40	—	SPONSORED ADS	874039100
KKR	KKR & CO INC	39,000	$4,509	1.9%	$136.88	0.0%	COM	48251W104
KWEB	KRANESHARES TRUST	108,800	$3,798	1.6%	$34.91	—	CSI CHI INTERNET	500767306
TLN	TALEN ENERGY CORP	16,950	$3,384	1.4%	$216.89	0.0%	COM	87422Q109
VST	VISTRA CORP	25,640	$3,011	1.3%	$148.62	0.0%	COM	92840M102
XP	XP INC	182,708	$2,512	1.1%	$13.77	0.0%	CL A	G98239109
—	ISHARES TR	60,125	$2,475	1.0%	—	—	Call	464287902
—	SELECT SECTOR SPDR TR	112,800	$2,328	1.0%	—	—	Put	81369Y955
GGAL	GRUPO FINANCIERO GALICIA S.A	39,500	$2,152	0.9%	$59.28	—	SPONSORED ADR	399909100
IRS	IRSA INVERSIONES Y REP S A	151,603	$1,956	0.8%	$12.90	—	SPON GDS ECH 10	450047303
VTEX	VTEX	376,621	$1,909	0.8%	$6.66	-14.7%	SHS CL A	G9470A102
EWJ	ISHARES INC	25,000	$1,714	0.7%	$68.56	—	MSCI JPN ETF NEW	46434G822
CEG	CONSTELLATION ENERGY CORP	8,000	$1,613	0.7%	$266.65	0.0%	COM	21037T109
KRE	SPDR SER TR	24,340	$1,384	0.6%	$57.68	—	S&P REGL BKG	78464A698
EWG	ISHARES INC	35,000	$1,298	0.6%	$37.08	—	MSCI GERMANY ETF	464286806
—	SPDR GOLD TR	2,080	$1,284	0.5%	—	—	Call	78463V907
RIO	RIO TINTO PLC	20,000	$1,202	0.5%	$60.08	—	SPONSORED ADR	767204100
BIDU	BAIDU INC	11,500	$1,058	0.4%	$92.03	—	SPON ADR REP A	056752108
STNE	STONECO LTD	86,286	$904	0.4%	$11.60	—	COM CL A	G85158106
META	META PLATFORMS INC	1,512	$871	0.4%	$643.25	0.0%	CL A	30303M102
MELI	MERCADOLIBRE INC	380	$741	0.3%	$1943.98	+2.1%	COM	58733R102
—	ISHARES TR	124,300	$741	0.3%	—	—	Call	464287904
PAGS	PAGSEGURO DIGITAL LTD	94,169	$719	0.3%	$11.33	-34.3%	COM CL A	G68707101
VIST	VISTA ENERGY S.A.B. DE C.V.	15,000	$698	0.3%	$46.56	—	SPONSORED ADS	92837L109
SNOW	SNOWFLAKE INC	4,770	$697	0.3%	$169.70	0.0%	CL A	833445109
HOOD	ROBINHOOD MKTS INC	12,190	$507	0.2%	$32.81	+44.9%	COM CL A	770700102
MU	MICRON TECHNOLOGY INC	5,183	$450	0.2%	$95.73	0.0%	COM	595112103
—	SELECT SECTOR SPDR TR	7,900	$443	0.2%	—	—	Put	81369Y954
—	ALIBABA GROUP HLDG LTD	3,725	$438	0.2%	—	—	Call	01609W902
DB	DEUTSCHE BANK A G	15,000	$357	0.2%	$20.41	0.0%	NAMEN AKT	D18190898
LLY	ELI LILLY & CO	387	$320	0.1%	$822.00	+0.6%	COM	532457108
—	ISHARES TR	15,000	$219	0.1%	—	—	Put	464288953
SUZ	SUZANO S A	19,850	$184	0.1%	$9.29	—	SPON ADS	86959K105
—	ROCKET LAB USA INC	10,000	$179	0.1%	$17.88	—	COM	773122106
—	ISHARES INC	20,850	$146	0.1%	—	—	Call	464286900
—	AZUL S A	23,050	$38	0.0%	$1.64	—	SPONSR ADR PFD	05501U106