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PRAGMA GESTAO DE PATRIMONIO LTD

SEC Form 13F institutional filer · CIK 0001555512

13F-HR · 14 reported holdings · 2026-03-31

Reported long-US-equity value

$0.10B

Top-10 concentration

94.0%

PRAGMA GESTAO DE PATRIMONIO LTD — $98.4M AUM allocation strategy

PRAGMA GESTAO DE PATRIMONIO LTD files SEC Form 13F and reports $98.4M of long US equity value across 14 reported holdings for 2026-03-31.

Its largest sector bet is Financials 22.6%, followed by Information Technology 22.6% and Consumer Discretionary 18.8%.

The top 10 holdings account for 94% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

PRAGMA GESTAO DE PATRIMONIO LTD — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$98.4M

total across 14 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

94% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$V$AMZN

+$V +4.6K sh · +$421K+$AMZN +3.5K sh · −$1.19M

Biggest trims (shares)

$GOOGL$MSFT$BNY

−$GOOGL −27.3K sh · −$9.25M−$MSFT −24.1K sh · −$16.6M−$BNY −15.2K sh · −$1.67M

Added from nil (new positions)

$AON$LIN

2 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$WDAY$PGR

$WDAY ($4.57M last qtr)$PGR ($1.8M last qtr)

Sector allocation (share of reported value)

Financials 23%Information Technology 23%Consumer Discretionary 19%Industrials 19%Health Care 9%Communication Services 7%Materials 1%SECTORS
  • $XLFFinancials22.6%
  • $XLKInformation Technology22.6%
  • $XLYConsumer Discretionary18.8%
  • $XLIIndustrials18.6%
  • $XLVHealth Care9.3%
  • $XLCCommunication Services7.4%
  • $XLBMaterials0.7%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Broadline Retail 19%Aerospace & Defense 19%Systems Software 17%Transaction & Payment Processing Services 10%Life Sciences Tools & Services 9%Interactive Media & Services 7%Financial Exchanges & Data 7%Electronic Manufacturing Services 5%Other holdings 8%INDUSTRIES
  • Broadline Retail18.8%
  • Aerospace & Defense18.6%
  • Systems Software16.5%
  • Transaction & Payment Processing Services9.6%
  • Life Sciences Tools & Services9.3%
  • Interactive Media & Services7.4%
  • Financial Exchanges & Data7.0%
  • Electronic Manufacturing Services4.5%
  • Other holdings8.3%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$AMZNAmazon.com Inc88.8K$18.5M+3.5K18.8%
$MSFTMicrosoft Corporation43.8K$16.2M-24.1K16.5%
$TDGTransdigm Group Incorporated8.09K$9.38M-2.7K9.5%
$DHRDanaher Corporation48.5K$9.2M-12.1K9.3%
$GEGE Aerospace31.3K$8.88M-7.9K9.0%
$VVisa Inc24.6K$7.44M+4.6K7.6%
$GOOGLAlphabet Inc25.5K$7.31M-27.3K7.4%
$MCOMoody's Corporation15.8K$6.89M-6.2K7.0%
$TELTE Connectivity plc21.2K$4.43M-5.9K4.5%
$BNYThe Bank of New York Mellon Corporation36.2K$4.29M-15.2K4.4%

…and 4 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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