PRAGMA GESTAO DE PATRIMONIO LTD Diversified Active

CIK: 0001555512 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $234,763 (100.0% shares, 0.0% debt)

Holdings (19)

New Positions (2)

WDAY WORKDAY INC-CLASS A 1.9%

Value ($000) $4,575 Shares 21,300 Est. Cost $227.21 Unrealized 0.0%

ASML ASML HOLDING NV-NY REG SHS 0.3%

Value ($000) $695 Shares 650 Est. Cost $1069.86 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WDAY	WORKDAY INC-CLASS A	21,300	$4,575	1.9%	$227.21	0.0%	CL A	98138H101
ASML	ASML HOLDING NV-NY REG SHS	650	$695	0.3%	$1069.86	—	N Y REGISTRY SHS	N07059210

Increased Positions (6)

AAXJ ISHARES MSCI ALL COUNTRY ASI 26.4%

Value ($000) $61,962 (+12.5%) Shares 665,400 (+10.2%) Est. Cost $80.89 Unrealized —

TSM TAIWAN SEMICONDUCTOR-SP ADR 3.5%

Value ($000) $8,205 (+188.0%) Shares 27,000 (+164.7%) Est. Cost $274.65 Unrealized —

DHR DANAHER CORP 5.9%

Value ($000) $13,873 (+41.9%) Shares 60,600 (+22.9%) Est. Cost $200.00 Unrealized +9.8%

V VISA INC-CLASS A SHARES 3.0%

Value ($000) $7,014 (+41.7%) Shares 20,000 (+37.9%) Est. Cost $256.57 Unrealized +32.7%

MELI MERCADOLIBRE INC 2.8%

Value ($000) $6,627 (-10.0%) Shares 3,290 (+4.4%) Est. Cost $2057.68 Unrealized +2.1%

MSFT MICROSOFT CORP 14.0%

Value ($000) $32,838 (-0.9%) Shares 67,900 (+6.1%) Est. Cost $443.76 Unrealized +12.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAXJ	ISHARES MSCI ALL COUNTRY ASI	665,400 (+10.2%)	$61,962 (+12.5%)	26.4%	$80.89	—	MSCI AC ASIA ETF	464288182
TSM	TAIWAN SEMICONDUCTOR-SP ADR	27,000 (+164.7%)	$8,205 (+188.0%)	3.5%	$274.65	—	SPONSORED ADS	874039100
DHR	DANAHER CORP	60,600 (+22.9%)	$13,873 (+41.9%)	5.9%	$200.00	+9.8%	COM	235851102
V	VISA INC-CLASS A SHARES	20,000 (+37.9%)	$7,014 (+41.7%)	3.0%	$256.57	+32.7%	COM CL A	92826C839
MELI	MERCADOLIBRE INC	3,290 (+4.4%)	$6,627 (-10.0%)	2.8%	$2057.68	+2.1%	COM	58733R102
MSFT	MICROSOFT CORP	67,900 (+6.1%)	$32,838 (-0.9%)	14.0%	$443.76	+12.8%	COM	594918104

Exited Positions (3)

SCHW SCHWAB (CHARLES) CORP 3.4%

Value ($000) $7,953 Shares 83,300 Est. Cost $77.67 Unrealized +22.0%

URI UNITED RENTALS INC 0.6%

Value ($000) $1,337 Shares 1,400 Est. Cost $888.48 Unrealized -2.4%

APH AMPHENOL CORP-CL A 0.3%

Value ($000) $792 Shares 6,400 Est. Cost $81.39 Unrealized +64.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCHW	SCHWAB (CHARLES) CORP	83,300	$7,953	3.4%	$77.67	+22.0%	—	808513105
URI	UNITED RENTALS INC	1,400	$1,337	0.6%	$888.48	-2.4%	—	911363109
APH	AMPHENOL CORP-CL A	6,400	$792	0.3%	$81.39	+64.1%	—	032095101

Decreased Positions (9)

MCO MOODY'S CORP 4.8%

Value ($000) $11,239 (-28.1%) Shares 22,000 (-32.9%) Est. Cost $477.81 Unrealized +2.0%

PGR PROGRESSIVE CORP 0.8%

Value ($000) $1,799 (-69.5%) Shares 7,900 (-66.9%) Est. Cost $246.39 Unrealized -13.8%

ALV AUTOLIV INC 0.6%

Value ($000) $1,377 (-68.1%) Shares 11,600 (-66.8%) Est. Cost $119.11 Unrealized +0.2%

GOOG ALPHABET INC-CL C 7.1%

Value ($000) $16,569 (+18.9%) Shares 52,800 (-7.7%) Est. Cost $143.04 Unrealized +100.2%

MA MASTERCARD INC - A 3.1%

Value ($000) $7,307 (-12.6%) Shares 12,800 (-12.9%) Est. Cost $549.48 Unrealized +1.7%

AMZN AMAZON.COM INC 8.4%

Value ($000) $19,689 (+2.4%) Shares 85,300 (-2.6%) Est. Cost $183.20 Unrealized +24.9%

TDG TRANSDIGM GROUP INC 6.1%

Value ($000) $14,349 (-2.7%) Shares 10,790 (-3.6%) Est. Cost $1103.35 Unrealized +18.8%

TEL TE CONNECTIVITY PLC 2.6%

Value ($000) $6,166 (-2.8%) Shares 27,100 (-6.2%) Est. Cost $146.66 Unrealized +57.7%

GE GENERAL ELECTRIC 5.1%

Value ($000) $12,075 (-1.4%) Shares 39,200 (-3.7%) Est. Cost $172.88 Unrealized +74.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	MOODY'S CORP	22,000 (-32.9%)	$11,239 (-28.1%)	4.8%	$477.81	+2.0%	COM	615369105
PGR	PROGRESSIVE CORP	7,900 (-66.9%)	$1,799 (-69.5%)	0.8%	$246.39	-13.8%	COM	743315103
ALV	AUTOLIV INC	11,600 (-66.8%)	$1,377 (-68.1%)	0.6%	$119.11	+0.2%	COM	052800109
GOOG	ALPHABET INC-CL C	52,800 (-7.7%)	$16,569 (+18.9%)	7.1%	$143.04	+100.2%	CAP STK CL C	02079K107
MA	MASTERCARD INC - A	12,800 (-12.9%)	$7,307 (-12.6%)	3.1%	$549.48	+1.7%	CL A	57636Q104
AMZN	AMAZON.COM INC	85,300 (-2.6%)	$19,689 (+2.4%)	8.4%	$183.20	+24.9%	COM	023135106
TDG	TRANSDIGM GROUP INC	10,790 (-3.6%)	$14,349 (-2.7%)	6.1%	$1103.35	+18.8%	COM	893641100
TEL	TE CONNECTIVITY PLC	27,100 (-6.2%)	$6,166 (-2.8%)	2.6%	$146.66	+57.7%	ORD SHS	G87052109
GE	GENERAL ELECTRIC	39,200 (-3.7%)	$12,075 (-1.4%)	5.1%	$172.88	+74.0%	COM NEW	369604301

Unchanged Positions (2)

BK BANK OF NEW YORK MELLON CORP 2.5%

Value ($000) $5,967 Shares 51,400 Est. Cost $82.56 Unrealized +33.8%

CDNS CADENCE DESIGN SYS INC 1.0%

Value ($000) $2,438 Shares 7,800 Est. Cost $281.52 Unrealized +15.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BK	BANK OF NEW YORK MELLON CORP	51,400	$5,967	2.5%	$82.56	+33.8%	COM	064058100
CDNS	CADENCE DESIGN SYS INC	7,800	$2,438	1.0%	$281.52	+15.9%	COM	127387108