Institutional Manager · CIK 0002028828

Wealth High Governance Capital Ltda

SAO PAULO, D5 · File #028-24821

Latest AUM

$534.5M

Positions

Top-10 Concentration

39.9%

Filings

Portfolio Value Over Time

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
EXITED	GLOBAL X FDS	37954Y830	-540,001	-$32.3M	$0
EXITED	EQT CORP	26884L109	-480,000	-$26.1M	$0
EXITED	EXPAND ENERGY CORPORATION	165167735	-240,001	-$25.5M	$0
NEW	ALBEMARLE	ALB-PA	+152,608	+$21.6M	$0
NEW	NEXTPOWER INC	NXT	+244,105	+$21.3M	$0
NEW	SOCIEDAD QUIMICA Y MINERA DE	833635105	+305,131	+$21.0M	$0
NEW	LUMENTUM HLDGS INC	LITE	+54,924	+$20.2M	$0
NEW	ECHOSTAR CORP	SATS	+183,079	+$19.9M	$0
ADD	NRG ENERGY INC	NRG	+124,105	+$19.8M	-$325,200
NEW	PARKER-HANNIFIN CORP	PH	+21,359	+$18.8M	$0

Sector Allocation

Technology

14.4%$77.3M

Industrials

12.7%$67.7M

Financials

12.3%$65.9M

Consumer Discretionary

12.2%$65.0M

Utilities

7.3%$38.9M

Materials

6.7%$36.0M

Energy

3.9%$21.0M

Communication Services

3.7%$19.9M

Consumer Staples

2.7%$14.6M

Filing History

Jan 30, 202613F COMBINATION REPORTQ/E Dec 202546 pos · $534.5M
Nov 13, 202513F COMBINATION REPORTQ/E Sep 202535 pos · $348.2M
Aug 14, 202513F COMBINATION REPORTQ/E Jun 202533 pos · $322.4M
May 15, 202513F COMBINATION REPORTQ/E Mar 202526 pos · $153.0M
Apr 7, 202513F COMBINATION REPORT (Amended)Q/E Mar 202545 pos · $278.8M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202441 pos · $284.9M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202420 pos · $224.4M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202461 pos · $447.3M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202441 pos · $403.2M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202420 pos · $287.7M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202419 pos · $238.6M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202410 pos · $139.1M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202445 pos · $278.8M
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 202420 pos · $232.3M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	NRG ENERGY INC	NRG	244,105	$38.9M	7.27%
2	ALBEMARLE	ALB-PA	152,608	$21.6M	4.04%
3	NEXTPOWER INC	NXT	244,105	$21.3M	3.98%
4	SOCIEDAD QUIMICA Y MINERA DE	833635105	305,131	$21.0M	3.93%
5	LUMENTUM HLDGS INC	LITE	54,924	$20.2M	3.79%
6	ECHOSTAR CORP	SATS	183,079	$19.9M	3.72%
7	PARKER-HANNIFIN CORP	PH	21,359	$18.8M	3.51%
8	INVESCO EXCH TRADED FD TR II	IVZ	366,157	$18.0M	3.37%
9	SHARKNINJA INC	SN	152,566	$17.1M	3.19%
10	HUT 8 CORP	HUT	366,157	$16.8M	3.15%
11	CURTISS WRIGHT CORP	CW	30,513	$16.8M	3.15%
12	TIMKEN CO	TKR	195,284	$16.4M	3.07%
13	C H ROBINSON WORLDWIDE INC	CHRW	97,642	$15.7M	2.94%
14	CARVANA CO	CVNA	36,641	$15.5M	2.89%
15	HUDBAY MINERALS INC	HBM	732,314	$14.5M	2.72%
16	CELESTICA INC	CLS	48,821	$14.4M	2.70%
17	CITIGROUP INC	C-PR	122,052	$14.2M	2.66%
18	CELSIUS HLDGS INC	CELH	305,131	$14.0M	2.61%
19	MORGAN STANLEY	MS-PQ	73,231	$13.0M	2.43%
20	PAN AMERN SILVER CORP	697900108	244,020	$12.6M	2.37%