Turim 21 Investimentos Ltda.

RIO DE JANEIRO, D5 · CIK 1652174 · 13F filing filed 2026-08-10

SEC-registered investment adviser since 2017 · corporation

Assets managed$7.2bn
Staff124 · 20 in investment roles
Main clients (by assets)High net worth individuals 66%, Private funds 24%, Companies 9%
Private funds5 · $138.6m gross assets
Main officeRio De Janeiro, Rj
Websiteturimbr.com
Form ADV · 2026-07-27SEC adviser record

Legal entityTURIM 21 INVESTIMENTOS LTDA. (BR)

Kindventure, wealth
Others nearbyRio de Janeiro

As an employer

Offices in1 country
Private fundsventure capital 5

$613.3m reported value +53.9% vs Q1 2026

121positions

86.8%in top 10

8 new 15 added 4 reduced 4 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	209,279	$156.3m25.48%	25.48%	Added +6.8k	+6,844 3.4%
2	ISHARES INC MSCI BRAZIL ETF EWZ	EWZ	2,602,639	$89.8m14.64%	14.64%	Added +2.6m	+2,591,366 22987.4%
3	VANECK ETF TRUST VANECK RUSSIA ET VANECK RUSSIA ET		66,518	$45.7m7.45%	7.45%	New
4	VANGUARD SCOTTSDALE FDS VNG RUS2000IDX VTWO	VTWO	121,344	$44.7m7.29%	7.29%	Added +5.1k	+5,052 4.3%
5	VALE S A SPONSORED ADS VALE	VALE	2,545,258	$38.3m6.24%	6.24%	Reduced -133.6k	-133,618 -5.0%
6	PROSHARES TR ULTRAPRO SHORT S ULTRAPRO SHORT S		51,475	$37.9m6.18%	6.18%	Added +17.1k	+17,070 49.6%
7	ISHARES INC CORE MSCI EMKT IEMG	IEMG	438,836	$36.4m5.93%	5.93%	Added +431.9k	+431,945 6268.2%
8	ISHARES TR 3YRTB ETF ISHG	ISHG	476,912	$35.4m5.77%	5.77%	Added +15.9k	+15,937 3.5%
9	AMAZON COM INC COM AMZN	AMZN	101,621	$24.2m3.95%	3.95%	Reduced -16.6k	-16,556 -14.0%
10	ALPHABET INC CAP STK CL C GOOG	GOOG	67,538	$23.9m3.89%	3.89%	Reduced -7.7k	-7,664 -10.2%
11	MICROSOFT CORP COM MSFT	MSFT	60,399	$22.5m3.67%	3.67%	Added +3.1k	+3,115 5.4%
12	BLOCK INC CL A XYZ	XYZ	67,721	$10.6m1.73%	1.73%	New
13	BANCO MACRO SA SPON ADR B BMA	BMA	528,547	$9.7m1.58%	1.58%	Unchanged
14	PAGSEGURO DIGITAL LTD COM CL A PAGS	PAGS	351,223	$5.2m0.85%	0.85%	Added +201.6k	+201,605 134.8%
15	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	121,192	$4.0m0.66%	0.66%	Unchanged
16	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	4	$3.0m0.49%	0.49%	Unchanged
17	SPROTT FDS TR URANIUM MINERS E URNM	URNM	47,482	$2.5m0.41%	0.41%	Unchanged
18	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	23,246	$2.1m0.35%	0.35%	Unchanged
19	GRUPO FINANCIERO GALICIA S.A SPONSORED ADR GGAL	GGAL	41,586	$2.1m0.34%	0.34%	Unchanged
20	APPLE INC COM AAPL	AAPL	6,967	$2.0m0.33%	0.33%	Unchanged
21	CROCS INC COM CROX	CROX	174,032	$1.6m0.27%	0.27%	Added +50.8k	+50,817 41.2%
22	DISNEY WALT CO COM DIS	DIS	14,169	$1.4m0.22%	0.22%	Unchanged
23	SPDR SER TR S&P OILGAS EXP XOP	XOP	5,683	$1.2m0.20%	0.20%	Added +1.0k	+1,000 21.4%
24	SMURFIT WESTROCK PLC SHS SW	SW	14,705	$1.2m0.20%	0.20%	Unchanged
25	LAUDER ESTEE COS INC CL A EL	EL	4,047	$1.0m0.17%	0.17%	Added +259	+259 6.8%
26	PIONEER NAT RES CO COM PXD	PXD	12,000	$1.0m0.17%	0.17%	Unchanged
27	KRANESHARES TRUST CSI CHI INTERNET KWEB	KWEB	39,811	$974.2k0.16%	0.16%	Added +4.5k	+4,452 12.6%
28	ISHARES TR TIPS BD ETF TIP	TIP	6,570	$719.0k0.12%	0.12%	Unchanged
29	VTEX SHS CL A VTEX	VTEX	2,570	$583.5k0.10%	0.10%	New
30	ISHARES TR 7-10 YR TRSY BD IEF	IEF	6,026	$569.9k0.09%	0.09%	Unchanged
31	ISHARES INC MSCI STH KOR ETF EWY	EWY	2,375	$479.5k0.08%	0.08%	New
32	SIGMA LITHIUM CORPORATION COM SGML	SGML	35,000	$442.8k0.07%	0.07%	Reduced -10.0k	-10,000 -22.2%
33	ISHARES TR CORE MSCI EAFE IEFA	IEFA	4,123	$398.2k0.06%	0.06%	Added +3.6k	+3,610 703.7%
34	ISHARES TR CORE S&P500 ETF IVV	IVV	436	$326.5k0.05%	0.05%	Unchanged
35	ELI LILLY & CO COM LLY	LLY	261	$313.1k0.05%	0.05%	Added +254	+254 3628.6%
36	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	3,392	$280.3k0.05%	0.05%	Unchanged
37	ALPHABET INC CAP STK CL A GOOGL	GOOGL	773	$276.2k0.05%	0.05%	Added +180	+180 30.4%
38	ISHARES TR 3 7 YR TREAS BD IEI	IEI	2,335	$273.4k0.04%	0.04%	Unchanged
39	NVIDIA CORPORATION COM NVDA	NVDA	1,268	$253.7k0.04%	0.04%	Unchanged
40	GRAYSCALE ETHEREUM TRUST ETF SHS ETHE	ETHE	16,600	$211.8k0.03%	0.03%	Unchanged
41	BITWISE 10 CRYPTO INDEX ETF UNIT BENEFICIAL BITW	BITW	5,062	$190.2k0.03%	0.03%	Unchanged
42	SCHLUMBERGER LTD COM STK SLB	SLB	3,731	$173.5k0.03%	0.03%	Unchanged
43	HALLIBURTON CO COM HAL	HAL	5,068	$172.1k0.03%	0.03%	Unchanged
44	BLUE OWL CAPITAL CORPORATION COM OBDC	OBDC	15,416	$167.6k0.03%	0.03%	Unchanged
45	DIGIMARC CORP NEW COM COM		20,087	$165.1k0.03%	0.03%	Unchanged
46	ISHARES TR NATIONAL MUN ETF MUB	MUB	1,514	$162.9k0.03%	0.03%	Unchanged
47	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	807	$137.9k0.02%	0.02%	New
48	ISHARES INC MSCI EMRG CHN EMXC	EMXC	1,293	$132.3k0.02%	0.02%	New
49	NEXGEN ENERGY LTD COM NXE	NXE	579	$111.8k0.02%	0.02%	Unchanged
50	SPDR SERIES TRUST S&P METALS MNG XME	XME	1,036	$110.8k0.02%	0.02%	New
51	ISHARES TR CORE MSCI INTL IDEV	IDEV	1,133	$100.8k0.02%	0.02%	Unchanged
52	SHELL PLC SPON ADS SHEL	SHEL	2,940	$93.2k0.02%	0.02%	Unchanged
53	ISHARES SILVER TR ISHARES SLV	SLV	1,675	$89.6k0.01%	0.01%	New
54	ISHARES TR S&P 500 VAL ETF IVE	IVE	929	$71.5k0.01%	0.01%	Unchanged
55	UNITED STS COMMODITY INDEX F CM REP COPP FD CPER	CPER	1,884	$71.1k0.01%	0.01%	Unchanged
56	CATERPILLAR INC COM CAT	CAT	65	$69.2k0.01%	0.01%	Unchanged
57	JPMORGAN CHASE & CO COM JPM	JPM	210	$68.7k0.01%	0.01%	Unchanged
58	ISHARES TR MSCI EMG MKT ETF EEM	EEM	890	$60.9k0.01%	0.01%	Unchanged
59	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	26	$51.7k0.01%	0.01%	Unchanged
60	ISHARES TR EXPANDED TECH IGV	IGV	6,100	$45.8k0.01%	0.01%	Unchanged
61	TESLA INC COM TSLA	TSLA	108	$45.4k0.01%	0.01%	Unchanged
62	VANECK BITCOIN ETF SH BEN INT HODL	HODL	2,708	$45.0k0.01%	0.01%	Unchanged
63	ARK 21SHARES BITCOIN ETF SHS BEN INT ARKB	ARKB	2,301	$44.8k0.01%	0.01%	Unchanged
64	FIDELITY WISE ORIGIN BITCOIN SHS FBTC	FBTC	877	$44.8k0.01%	0.01%	Unchanged
65	BITWISE BITCOIN ETF TR SHS BEN INT BITB	BITB	1,405	$44.8k0.01%	0.01%	Unchanged
66	SELECT SECTOR SPDR TR ENERGY XLE	XLE	800	$42.5k0.01%	0.01%	Unchanged
67	MORGAN STANLEY COM NEW MS	MS	194	$40.6k0.01%	0.01%	Unchanged
68	ISHARES U S ETF TR GSCI CMDTY STGY COMT	COMT	197	$37.4k0.01%	0.01%	Unchanged
69	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	484	$35.5k0.01%	0.01%	Unchanged
70	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	462	$34.9k0.01%	0.01%	Unchanged
71	WALMART INC COM WMT	WMT	296	$33.5k0.01%	0.01%	Unchanged
72	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	2,450	$32.7k0.01%	0.01%	Unchanged
73	GOLDMAN SACHS GROUP INC COM GS	GS	29	$29.3k0.00%	0.00%	Unchanged
74	FREEPORT-MCMORAN INC CL B FCX	FCX	410	$25.8k0.00%	0.00%	Unchanged
75	BANK AMERICA CORP COM BAC	BAC	447	$25.5k0.00%	0.00%	Unchanged
76	HOME DEPOT INC COM HD	HD	65	$22.9k0.00%	0.00%	Unchanged
77	BROOKFIELD ASSET MGMT INC CL A LTD VT SH CL A LTD VT SH		620	$22.9k0.00%	0.00%	Unchanged
78	GRAYSCALE ETHEREUM MINI TR E SHS NEW ETH	ETH	1,500	$22.5k0.00%	0.00%	Unchanged
79	COSTCO WHSL CORP NEW COM COST	COST	24	$22.5k0.00%	0.00%	Unchanged
80	AMERICAN EXPRESS CO COM AXP	AXP	63	$21.3k0.00%	0.00%	Unchanged
81	GSK PLC SPONSORED ADR GSK	GSK	404	$21.2k0.00%	0.00%	Unchanged
82	BANCO SANTANDER S.A. ADR SAN	SAN	1,699	$20.5k0.00%	0.00%	Unchanged
83	META PLATFORMS INC CL A META	META	35	$19.7k0.00%	0.00%	Unchanged
84	BROADCOM INC COM AVGO	AVGO	50	$18.9k0.00%	0.00%	Unchanged
85	JOBY AVIATION INC COMMON STOCK JOBY	JOBY	2,057	$18.3k0.00%	0.00%	Unchanged
86	ISHARES TR MSCI EURO FL ETF EUFN	EUFN	329	$17.7k0.00%	0.00%	Unchanged
87	BANCO BRADESCO S A SP ADR PFD NEW BBD	BBD	1,980	$16.2k0.00%	0.00%	Unchanged
88	MERCK & CO INC COM MRK	MRK	114	$14.6k0.00%	0.00%	Unchanged
89	BILL HOLDINGS INC COM BILL	BILL	392	$14.2k0.00%	0.00%	Unchanged
90	GLOBAL X FDS GLOBAL X COPPER COPX	COPX	182	$14.1k0.00%	0.00%	Unchanged
91	INGERSOLL RAND INC COM IR	IR	163	$13.4k0.00%	0.00%	Unchanged
92	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	32	$12.7k0.00%	0.00%	Unchanged
93	BARCLAYS PLC ADR BCS	BCS	472	$12.7k0.00%	0.00%	Unchanged
94	FIGMA INC CLASS A COM STK FIG	FIG	653	$11.8k0.00%	0.00%	Unchanged
95	ISHARES TR U.S. PHARMA ETF IHE	IHE	109	$10.8k0.00%	0.00%	Unchanged
96	BANDWIDTH INC COM CL A BAND	BAND	162	$10.3k0.00%	0.00%	Unchanged
97	ABBVIE INC COM ABBV	ABBV	39	$9.8k0.00%	0.00%	Unchanged
98	ORACLE CORP COM ORCL	ORCL	63	$9.2k0.00%	0.00%	Unchanged
99	ARCHER AVIATION INC COM CL A ACHR	ACHR	1,944	$9.2k0.00%	0.00%	Unchanged
100	HSBC HLDGS PLC SPON ADR NEW HSBC	HSBC	92	$8.7k0.00%	0.00%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TELEFONAKTIEBOLAGET LM ERICS ERIC	ERIC	670,000	$7.6m670.0k shares
VANECK ETF TRUST GDX	GDX	2,788	$255.9k2.8k shares
VANGUARD INDEX FDS VV	VV	505	$150.9k505 shares
AMBIPAR EMERGENCY RESPONSE AMBIQ	AMBIQ	128,800	$6.6k128.8k shares