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What smart money is saying about Afya LimitedBrazil flag

AFYA · Consumer Defensive · Education & Training Services · Market cap $1.37B

1 fund in our archive has pitched Afya Limited, most recently White Brook Capital in December 2024.

Company profile

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools. The company also provides digital health services, such as subscription-based mobile app and website portal that focuses on assisting health professionals and students with clinical decision-making through tools, such as medical calculators, charts, and updated content, as well as prescriptions, clinical scores, medical procedures and laboratory exams, and others. It offers health sciences courses, which comprise medicine, dentistry, nursing, radiology, psychology, pharmacy, physical education, physiotherapy, nutrition, and biomedicine; and degree programs and courses in other subjects and disciplines, including undergraduate and post graduate courses in business administration, accounting, law, civil engineering, industrial engineering, and pedagogy. In addition, the company provides medical postgraduate specialization programs; printed and digital content; and an online medical education platform and practical medical training services. As of December 31, 2021, it operated a network of 46 undergraduate and graduate medical school campuses consisted of 30 undergrad operating units and five approved units; and a network of 2,731 medical school seats that consisted of 2,481 operating seats and 278 approved seats. The company was founded in 1999 and is headquartered in Nova Lima, Brazil.

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Summarize with Warren AI
3
Reported positions
0
Bought
1
Sold
4
Letters

Position history

Between Q4 2024 and Q3 2026, 3 fund letters reported a position in Afya Limited, with 1 sell (trimmed or exited).

Fund letters reporting a position in Afya Limited, by quarter
QuarterLettersBoughtSoldTheses
Q3 20261000
Q2 20262010
Q4 20240001

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 3 positions · 2 moves

  • HoldsVersa Asset Funds
    September 2026
    “The fund's main highlight, however, was YDUQs, the manager's largest investment, after the completion of the merger with AFYA, initially reported at the end of August. We had been repeating that the college business is a fortress due to its stable operation and strong cash generation and that, after a period of investments and increased indebtedness, YDUQs was beginning to reap the fruits and deleverage. This process was accelerated by the combination with AFYA, which is complementary to YDUQs in the courses offered and has little overlap in regions. Its low indebtedness will make the resulting entity have lower net debt relative to operating cash generation than YDUQs had, accelerating deleveraging and reducing risk if interest rates remained high. The German group Berstelmann, owner of AFYA, which will be the controller of the unified entity, saw the same investment case as we did, intact after the merger and boosted by the potential synergies of the combination, so we maintained the position.”
    Afya Limited
  • “We also reduced two other small positions: Afya and InPost.”
    Afya Limited
  • “We also reduced two other small positions: Afya and InPost.”
    Afya Limited

Fund coverage · 1 thesis

  • White Brook Capital
    December 2024

    Afya Limited is a strong investment opportunity due to its stable operations and growth, despite recent stock price challenges, with significant potential for returns if the Brazilian currency stabilizes or improves.

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