What smart money is saying about Grupo Mateus
2 funds in our archive have pitched Grupo Mateus — most recently Brasil Capital FIC FIF Ações RL in September 2026.
Grupo Mateus S.A. operates a supermarket chain in Brazil. It operates wholesale, furniture and home appliances, e-commerce, bakery industry and slicing and portioning center. The company was founded in 1986 and is headquartered in São Luís, Brazil.
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Position history
Between Q2 2026 and Q3 2026, 1 fund letter reported a position in Grupo Mateus, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 1 |
| Q2 2026 | 0 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 1 position
- HoldsBrasil Capital FIC FIF Ações RLSeptember 2026
“Grupo Mateus was the main positive contribution of the fund in the quarter.”
Grupo Mateus
Fund coverage · 2 theses
- Brasil Capital FIC FIF Ações RLSeptember 2026
Grupo Mateus is a Brazilian cash-and-carry retailer whose margin recovery, low leverage, dominant regional position, expansion runway, and depressed valuation support the investment thesis.
Read the full thesis - Guepardo InvestimentosJune 2026
Grupo Mateus is held for its margin expansion through efficiency gains, Novo Atacarejo profitability recovery, lower capital intensity and improving cash generation.
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