Turim 21 Investimentos Ltda.

Turim 21 Investimentos Ltda. is a Brazilian asset management firm headquartered in São Paulo, specializing in global equity investment strategies with particular emphasis on U.S. markets. The firm was founded by André Laport Ribeiro and Pedro Chermont de Miranda, whose combined experience in international markets and equity research drives the investment approach. Filing with the SEC under CIK #0001652174, Turim 21 maintains regulatory transparency through quarterly 13F disclosures documenting its U.S. equity holdings while operating under Brazilian securities regulation (CVM) for its domestic operations. The firm's distinctive name references Turin, Italy—evoking European sophistication and analytical rigor—combined with "21" symbolizing a forward-looking, twenty-first-century investment philosophy. From its São Paulo base, Turim 21 bridges Latin American capital with global equity opportunities, providing Brazilian institutional and high-net-worth investors access to diversified international portfolios. Turim 21's presence as a 13F filer reflects substantial allocations to U.S. listed equities, positioning the firm as a significant cross-border investor accessing American markets. The platform provides comprehensive access to the firm's 13F filing history, enabling detailed examination of U.S. equity positions and portfolio evolution across reporting periods.

Turim 21 Investimentos employs a growth-focused global equity strategy with concentrated exposure to U.S. markets. The firm's investment philosophy emphasizes identifying companies with exceptional growth potential, sustainable competitive advantages, and strong secular tailwinds. This approach reflects the founding partners' conviction that global equity markets offer compelling opportunities for capital appreciation, particularly in innovation-driven sectors. Portfolio construction reveals pronounced tilts toward technology and consumer sectors where digital transformation and evolving consumption patterns drive long-term growth. The investment team conducts fundamental research evaluating business model durability, market opportunity, management execution, and competitive positioning. Through the platform's 13F Portfolio Composition analysis, users can examine how individual U.S. holdings contribute to sector exposure and thematic positioning. The firm's Sector Allocation History demonstrates consistent emphasis on technology-enabled businesses and platforms benefiting from structural shifts in commerce, communication, and digital infrastructure. This sector concentration reflects conviction in secular growth themes rather than broad market diversification, generating a distinctive return profile with higher potential dispersion. Top 10 Holdings Concentration metrics reveal the degree to which portfolio returns depend on high-conviction positions. Turim 21's approach favors concentrated exposure to best-idea opportunities rather than diluted diversification, accepting higher individual position risk in pursuit of superior absolute returns. Turnover patterns suggest active portfolio management adjusting positions as valuations and growth prospects evolve.

Turim 21 Investimentos Ltda. operates as a São Paulo-based asset manager executing growth-focused strategies in U.S. equity markets. The firm's 13F filings reveal concentrated exposure to technology and consumer sectors, reflecting conviction in innovation-driven growth themes. Leadership under founding partners André Laport Ribeiro and Pedro Chermont de Miranda provides experienced investment direction and strategic vision. The platform enables comprehensive examination of Annualized Return (CAGR) derived from disclosed U.S. holdings, contextualizing the firm's growth approach within benchmark comparisons and sector performance cycles. Sortino Ratio calculations offer downside-focused risk-adjusted metrics, particularly relevant for evaluating concentrated strategies with asymmetric return distributions. Key observable characteristics include the firm's global investment mandate executed primarily through U.S. equities, technology and consumer sector conviction, and concentrated position sizing. These attributes generate a distinctive return profile suitable for investors seeking growth equity exposure with international perspective and active management. Alpha Generation vs S&P 500 analysis reveals value added through sector selection and security-level decisions. Considering Turim 21's growth concentration and technology sector emphasis, how might sustained U.S. dollar strength combined with rotation toward defensive sectors impact both the disclosed portfolio's performance and the attractiveness of U.S. equity exposure for the firm's Brazilian investor base?

Turim 21 Investimentos' disclosed U.S. portfolio exhibits risk characteristics consistent with concentrated growth investing. Technology and consumer sector emphasis introduces elevated sensitivity to multiple compression, interest rate dynamics, and sector-specific volatility. Additionally, the firm's Brazilian investor base introduces currency considerations, as U.S. dollar-denominated returns translate through BRL/USD exchange rate fluctuations. Max Drawdown Depth analysis through the platform's backtesting functionality enables users to stress-test the disclosed holdings against historical growth stock corrections, including the 2022 technology selloff and prior valuation compression episodes. Concentrated growth strategies typically experience amplified drawdowns during risk-off environments but demonstrate substantial recovery potential during subsequent market rebounds. The Volatility Profile of Turim 21's disclosed positions reflects growth concentration and sector-focused positioning. This approach generates higher return dispersion than diversified strategies, with potential for significant outperformance during growth-favorable markets and corresponding underperformance during value rotations or rising rate environments. The platform's simulation capabilities allow normalization to a chosen starting capital for personalized risk assessment. Cross-border investment introduces additional considerations including global macroeconomic sensitivity, emerging market capital flow dynamics, and regulatory complexity. However, these factors primarily affect the firm's Brazilian operations rather than the U.S. equity positions documented in 13F filings. Downside Capture Ratio analysis provides insight into behavior during U.S. market corrections specifically.