Naman Capital’s Ultrapar UGP Stock Holding History

Naman Capital’s Portfolio UGP Stock Details UGP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$36.8M	Sell	7,330,544 -5,396,678	-42%	-$29.7M	11.39%	2
2026 Q1	$63.7M	Sell	12,727,222 -960,757	-7%	-$4.65M	17.7%	3
2025 Q4	$51.6M	Sell	13,687,979 -392,020	-3%	-$1.55M	14.51%	3
2025 Q3	$57.7M	Hold	14,079,999	–	–	16.2%	3
2025 Q2	$46.2M	Hold	14,079,999	–	–	15.01%	3
2025 Q1	$43.4M	Hold	14,079,999	–	–	17.02%	2
2024 Q4	$37M	Hold	14,079,999	–	–	22.12%	2
2024 Q3	$54.9M	Hold	14,079,999	–	–	21.03%	2
2024 Q2	$55.1M	Hold	14,079,999	–	–	23.35%	2
2024 Q1	$80.5M	Hold	14,079,999	–	–	31.41%	2
2023 Q4	$76.3M	Hold	14,079,999	–	–	48.61%	1
2023 Q3	$51.7M	Sell	14,079,999 -2,628,668	-16%	-$10M	41.24%	1
2023 Q2	$65.7M	Hold	16,708,667	–	–	44.64%	1
2023 Q1	$45.6M	Hold	16,708,667	–	–	37.42%	1
2022 Q4	$40.4M	Hold	16,708,667	–	–	35.99%	1
2022 Q3	$36.6M	Hold	16,708,667	–	–	25.48%	1
2022 Q2	$39.3M	Hold	16,708,667	–	–	28%	1
2022 Q1	$46.1M	Buy	16,708,667 +1,097,620	+7%	+$2.98M	30%	1
2021 Q4	$41.2M	Buy	15,611,047 +952,498	+6%	+$2.43M	24.13%	1
2021 Q3	$39.6M	Buy	14,658,549 +175,000	+1%	+$552K	24.39%	1
2021 Q2	$54.5M	Hold	14,483,549	–	–	28.35%	1
2021 Q1	$55.3M	Buy	14,483,549 +11,093,112	+327%	+$43.9M	30.45%	1
2020 Q4	$15.4M	Buy	+3,390,437	New	+$12.9M	10.66%	2

Other funds holding UGP

Qube Research & Technologies (QRT) London, United Kingdom $108B AUM 37.29% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

Marshall Wace London, United Kingdom $127B AUM 46.06% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Allianz Asset Management Munich, Germany $123B AUM 45.23% 1-Year Est. Return

Naman Capital's UGP Position: Q2 2026 in Review

Naman Capital reduced its Ultrapar (UGP) stake by 42% in Q2 2026, selling an estimated $29.7M and leaving 7,330,544 shares worth $36.8M. The position accounts for 11.39% of the portfolio, ranked #2.

Naman Capital first reported a position in UGP in Q4 2020 and has held it in 23 quarters since. The position peaked at $80.5M in Q1 2024. 179 funds tracked by Wall St. Rank hold UGP as of Q2 2026.

Naman Capital held 7,330,544 shares of Ultrapar worth $36.8M as of Q2 2026.
Naman Capital sold 5,396,678 Ultrapar shares in Q2 2026, an estimated $29.7M.
Ultrapar made up 11.39% of Naman Capital's portfolio in Q2 2026, its #2 holding.
Naman Capital first reported a position in Ultrapar in Q4 2020 and has held it in 23 quarters since.
Naman Capital's Ultrapar position peaked at $80.5M in Q1 2024.
179 funds tracked by Wall St. Rank held Ultrapar as of Q2 2026.

Based on Naman Capital's 13F filing for Q2 2026, filed 13 Aug 2026.