PRAGMA GESTAO DE PATRIMONIO LTD

Comprehensive Analysis of 13F Filing: PRAGMA GESTAO DE PATRIMONIO LTD

1. Portfolio Overview

The filing for PRAGMA GESTAO DE PATRIMONIO LTD as of September 30, 2025, reveals a dramatic transformation in the firm's portfolio structure and capital deployment. The total portfolio value plummeted by 82.1%, declining from $228.82M to $40.95M. This drastic reduction is not indicative of broad market performance but rather a deliberate strategy of capital reallocation or distribution, ...