Dados B3 › Left the exchange
The companies that left the exchange — and what is left of them
Our universe is the CVM's register of active companies. Whoever leaves the exchange disappears from it — and who leaves is disproportionately who failed. This page is that hole, measured and named.
771companies filed annual statements
(2010–2026) and are not in the base
311of them with registered shares
(Category A) — the ones a stock universe would miss
5,169company-years of statements sitting
in the CVM's open files
81can be tied to a traded ticker —
11% of the total
The statements are not the problem
All 771 filed an annual statement with the CVM in at least one financial year, and 67 filed in all 17 years of the window. The accounting history exists and is public — it is not what is missing.
Tying the company to the share is the problem
A statement carries a CNPJ, not a ticker. For a company still listed, the exchange's own catalogue closes that gap; for one that left, it does not. The only open source that does is the registration form (FCA, securities section), where the company itself declared its trading code — and that field only started being filled around 2020: empty in 2015, 64% filled in 2020. It therefore sees whoever survived past 2020 and misses whoever left before — a bias pointing the same way as the hole it would measure.
Result: 92 of the 771 declared a code, and 81 have trading sessions in the exchange's end-of-day files.
Why we do not guess the rest
Names can be matched against the abbreviated name in the price file. We measured it: across the 28 companies where both routes exist, 27 agree and one is wrong — “Eletrobrás Participações” matches ELET*, which is a different company. A wrong ticker that looks right ruins a backtest silently, because the wrong share's series never complains. So the table below carries only codes the company declared itself.
What can be reconstructed (81)
| company | ticker(s) | years of DFP | price series | cancelled |
|---|---|---|---|---|
| EDP - ENERGIAS DO BRASIL S.A. | ENBR3 | 16 (2010–2025) | 2010-01-04 → 2023-08-21 (3,378 sessions) | still registered |
| GOL LINHAS AEREAS INTELIGENTES SA | GOLL4,GOLL54,GOLL80 | 16 (2010–2025) | 2010-01-04 → 2026-03-27 (4,151 sessions) | 2026-04-01 |
| MERCANTIL FINANCEIRA S.A. CRÉDITO, FINANCIAMEN | MERC3,MERC4 | 16 (2010–2025) | 2010-01-08 → 2026-03-06 (1,032 sessions) | 2026-03-18 |
| ROSSI RESIDENCIAL S.A. - EM RECUPERAÇÃO JUDICI | RSID3 | 16 (2010–2025) | 2010-01-04 → 2026-05-18 (4,050 sessions) | still registered |
| T4F ENTRETENIMENTO SA | SHOW3 | 16 (2010–2025) | 2011-04-13 → 2026-09-01 (3,818 sessions) | 2026-09-01 |
| TEKNO S.A. INDÚSTRIA E COMÉRCIO | TKNO3,TKNO4 | 16 (2010–2025) | 2010-01-04 → 2026-04-22 (651 sessions) | 2026-05-14 |
| ALPER CONSULTORIA E CORRETORA DE SEGUROS S.A. | APER3 | 15 (2010–2025) | 2018-12-26 → 2024-09-03 (1,398 sessions) | 2024-09-23 |
| BANCO PAN SA | BPAN4 | 15 (2010–2024) | 2014-08-05 → 2026-01-23 (2,848 sessions) | 2026-03-30 |
| CIA TECIDOS NORTE DE MINAS - COTEMINAS - EM RE | CTNM3,CTNM4 | 15 (2010–2024) | 2010-01-04 → 2024-08-15 (4,480 sessions) | 2026-01-09 |
| CIA TECIDOS SANTANENSE - EM RECUPERAÇÃO JUDICI | CTSA3,CTSA4 | 15 (2010–2024) | 2010-01-05 → 2026-05-18 (5,642 sessions) | still registered |
| COMPANHIA DE LOCAÇÃO DAS AMERICAS | LCAM3 | 15 (2010–2024) | 2012-04-23 → 2022-07-01 (2,515 sessions) | 2025-08-01 |
| DM FINANCEIRA S.A. - CRÉDITO, FINANCIAMENTO E | DMFN3,FNCN3 | 15 (2010–2024) | 2021-08-17 → 2024-07-12 (49 sessions) | 2025-05-30 |
| ELETROBRÁS PARTICIPAÇÕES S.A. - ELETROPAR | LIPR3 | 15 (2010–2024) | 2010-01-12 → 2025-05-27 (802 sessions) | 2025-06-02 |
| MONTEIRO ARANHA SA | MOAR3 | 15 (2010–2024) | 2010-02-17 → 2026-01-29 (1,139 sessions) | 2026-01-30 |
| SPRINGS GLOBAL PARTICIPAÇÕES S/A - EM RECUPERA | SGPS3 | 15 (2010–2024) | 2010-01-04 → 2024-08-15 (3,583 sessions) | 2026-01-09 |
| TEKA TECELAGEM KUEHNRICH SA - EM RECUPERAÇÃO J | TEKA3,TEKA4 | 15 (2010–2024) | 2010-01-04 → 2025-02-06 (3,971 sessions) | still registered |
| BANCO ALFA DE INVESTIMENTO S.A. | BRIV3,BRIV4 | 14 (2010–2023) | 2010-01-04 → 2024-03-28 (4,391 sessions) | 2024-03-28 |
| BRAZILIAN FINANCE & REAL ESTATE S.A. | BFRE11,BFRE12,BFRE3 | 14 (2010–2023) | 2012-07-16 → 2012-07-16 (2 sessions) | 2024-08-16 |
| CONSORCIO ALFA DE ADMINISTRACAO S.A | BRGE11,BRGE12,BRGE3,BRGE5,BRGE6,BRGE7,BRGE8 | 14 (2010–2023) | 2010-01-06 → 2024-03-27 (2,946 sessions) | 2024-03-28 |
| ENAUTA PARTICIPAÇÕES S.A. | ENAT3,QGEP3 | 14 (2010–2023) | 2011-02-09 → 2024-07-31 (3,340 sessions) | 2024-11-01 |
| FINANCEIRA ALFA S.A.- C.F.I | CRIV3,CRIV4 | 14 (2010–2023) | 2010-01-04 → 2024-03-27 (4,322 sessions) | 2024-03-28 |
| MASSA FALIDA DE POMIFRUTAS S/A | FRTA3 | 14 (2010–2023) | 2015-12-18 → 2024-04-17 (1,762 sessions) | still registered |
| CCX CARVÃO DA COLOMBIA S.A. - EM LIQUIDAÇÃO | CCXC3 | 13 (2010–2022) | 2012-05-25 → 2020-01-17 (1,860 sessions) | 2024-09-24 |
| CIA SEGUROS ALIANCA DA BAHIA | CSAB3,CSAB4 | 13 (2010–2022) | 2010-01-12 → 2024-01-05 (789 sessions) | 2024-03-08 |
| CORRÊA RIBEIRO S/A COMÉRCIO E INDÚSTRIA | CORR3,CORR4 | 13 (2010–2022) | 2010-02-19 → 2021-02-11 (24 sessions) | 2024-01-29 |
| SARAIVA LIVREIROS S.A. - FALIDA | SLED3,SLED4 | 13 (2010–2022) | 2010-01-04 → 2023-10-04 (5,009 sessions) | still registered |
| SERENA GERAÇÃO S.A. | OMGE3 | 13 (2013–2025) | 2017-07-31 → 2021-12-23 (1,088 sessions) | still registered |
| BLUE TECH SOLUTIONS EQI S.A. | BLUT3,BLUT4,JBDU3 | 12 (2010–2021) | 2010-01-04 → 2022-09-20 (3,021 sessions) | 2026-06-10 |
| EMP.NAC. DE COMÉRCIO, RÉDITO E PART. S.A. - EN | ECPR3,ECPR4 | 12 (2010–2021) | 2010-01-05 → 2022-03-25 (377 sessions) | 2022-04-29 |
| IGB ELETRÔNICA S.A. - EM RECUPERAÇÃO JUDICIAL | IGBR3 | 12 (2010–2021) | 2010-01-04 → 2023-06-06 (3,247 sessions) | 2023-06-07 |
| MASSA FALIDA DE TECNOSOLO ENGENHARIA SA | TCNO3,TCNO4 | 12 (2010–2021) | 2010-01-04 → 2022-10-26 (5,900 sessions) | 2026-06-10 |
| SINQIA S.A. | SNSL3,SQIA3 | 12 (2011–2022) | 2014-02-03 → 2023-11-01 (2,416 sessions) | 2024-01-19 |
| SUL AMERICA S/A | SULA11,SULA3,SULA4 | 12 (2010–2021) | 2010-01-04 → 2022-12-23 (5,312 sessions) | 2022-04-14 |
| AES TIETÊ ENERGIA S.A | TIET11,TIET3,TIET4 | 11 (2010–2020) | 2016-01-04 → 2021-03-26 (3,724 sessions) | 2021-05-13 |
| CIA HERING | HGTX3 | 11 (2010–2020) | 2010-01-04 → 2021-09-17 (2,898 sessions) | 2022-02-23 |
| LOJAS AMERICANAS SA | LAME3,LAME4 | 11 (2010–2020) | 2010-01-04 → 2022-01-21 (5,966 sessions) | 2021-12-10 |
| MASSA FALIDA DA MMX MINERACAO E METALICOS S.A. | MMXM3 | 11 (2010–2020) | 2010-01-04 → 2021-05-19 (2,803 sessions) | 2024-09-24 |
| TERRA SANTA AGRO S.A. | TESA3 | 11 (2010–2020) | 2016-11-07 → 2021-07-30 (1,169 sessions) | 2021-10-19 |
| BANCO VOITER S.A. | IDVL3,IDVL4 | 10 (2010–2019) | 2010-01-04 → 2020-12-30 (3,262 sessions) | 2021-02-10 |
| BIOSEV S.A. | BSEV3 | 10 (2012–2021) | 2013-04-19 → 2021-05-14 (1,717 sessions) | 2021-06-25 |
| ELEKEIROZ S/A | ELEK3,ELEK4 | 10 (2010–2019) | 2010-01-04 → 2020-07-01 (1,125 sessions) | 2020-07-01 |
| LINX S.A. | LINX3 | 10 (2011–2020) | 2013-02-08 → 2021-06-25 (2,072 sessions) | 2021-08-02 |
| NADIR FIGUEIREDO S.A | NAFG3,NAFG4 | 10 (2010–2019) | 2010-01-07 → 2020-04-03 (328 sessions) | 2020-04-16 |
| SPRINGER SA | SPRI3,SPRI5,SPRI6 | 10 (2010–2019) | 2010-01-06 → 2020-09-09 (2,344 sessions) | 2020-12-15 |
| TIM PARTICIPAÇÕES SA | TIMP3 | 10 (2010–2019) | 2011-08-03 → 2020-10-09 (2,274 sessions) | 2020-08-31 |
| ALIANSCE SHOPPING CENTERS S/A | ALSC3 | 9 (2010–2018) | 2010-01-29 → 2019-08-05 (2,353 sessions) | 2019-08-05 |
| ATACADÃO S.A. | CRFB3 | 9 (2016–2024) | 2017-07-20 → 2025-05-30 (1,950 sessions) | 2025-12-22 |
| CONST LIX DA CUNHA SA | LIXC3,LIXC4 | 9 (2010–2018) | 2010-01-04 → 2018-01-16 (2,158 sessions) | 2019-08-23 |
| FIBRIA CELULOSE S.A. | FIBR3 | 9 (2010–2018) | 2010-01-04 → 2019-01-03 (2,226 sessions) | 2019-04-01 |
| ITAUTEC S.A. - GRUPO ITAUTEC | ITEC3 | 9 (2010–2018) | 2010-01-06 → 2019-05-28 (246 sessions) | 2019-08-15 |
| LOJAS HERING SA | LHER3,LHER4 | 9 (2010–2018) | 2010-02-08 → 2015-04-24 (12 sessions) | 2019-05-10 |
| MULTIPLUS SA | MPLU3 | 9 (2010–2018) | 2010-02-05 → 2019-04-22 (2,275 sessions) | 2019-05-06 |
| SOMOS EDUCAÇÃO S.A. | SEDU3 | 9 (2010–2018) | 2015-07-28 → 2019-05-20 (857 sessions) | 2019-05-22 |
| TARPON INVESTIMENTOS S/A | TRPN3 | 9 (2010–2018) | 2010-01-04 → 2019-07-17 (2,205 sessions) | 2019-07-17 |
| TEC TOY S/A | TOYB3,TOYB4 | 9 (2010–2018) | 2010-01-04 → 2019-08-01 (3,978 sessions) | 2019-08-01 |
| AES ELPA SA | AELP3 | 8 (2010–2017) | 2010-01-04 → 2018-09-05 (1,453 sessions) | 2018-09-05 |
| CREMER SA | CREM3 | 8 (2010–2017) | 2010-01-04 → 2018-10-24 (1,509 sessions) | 2018-11-22 |
| FIBAM CIA INDUSTRIAL | FBMC3,FBMC4 | 8 (2010–2017) | 2010-01-04 → 2019-01-18 (390 sessions) | 2021-06-24 |
| MAGNESITA REFRATARIOS S.A. | MAGG3 | 8 (2010–2017) | 2010-01-04 → 2019-01-22 (2,239 sessions) | 2019-01-23 |
| PRUMO LOGÍSTICA S.A. | PRML3 | 8 (2010–2017) | 2014-04-04 → 2018-04-30 (1,006 sessions) | 2018-05-04 |
| ÓLEO E GÁS PARTICIPAÇÕES S/A | OGXP3 | 8 (2010–2017) | 2010-01-04 → 2019-01-10 (2,231 sessions) | 2019-03-12 |
| COSAN LOGÍSTICA S.A. | RLOG3 | 7 (2013–2019) | 2014-10-06 → 2021-03-05 (1,584 sessions) | 2021-01-22 |
| INSTITUTO HERMES PARDINI S/A | PARD3 | 7 (2016–2022) | 2017-02-14 → 2023-04-28 (1,536 sessions) | 2023-07-19 |
| NEOGRID PARTICIPACÕES S.A. | NGRD3 | 7 (2019–2025) | 2020-12-17 → 2026-07-13 (1,385 sessions) | 2026-07-14 |
| PET CENTER COMÉRCIO E PARTICIPAÇÕES S.A. | PETZ3 | 7 (2019–2025) | 2020-09-11 → 2026-01-02 (1,322 sessions) | 2026-05-14 |
| AUREN PARTICIPAÇÕES S.A. | AESB3 | 6 (2020–2025) | 2021-03-29 → 2024-10-31 (901 sessions) | still registered |
| BANCO INTER S.A. | BIDI11,BIDI3,BIDI4 | 6 (2017–2022) | 2018-04-30 → 2022-06-17 (2,472 sessions) | 2022-12-02 |
| ELETROMIDIA S.A. | ELMD3 | 6 (2019–2024) | 2021-02-17 → 2025-06-12 (1,078 sessions) | 2025-07-02 |
| NATURA & CO HOLDING S.A. | NTCO3 | 6 (2019–2024) | 2019-12-18 → 2025-07-01 (1,375 sessions) | 2025-07-01 |
| BOA VISTA SERVIÇOS S.A. | BOAS3 | 5 (2018–2022) | 2020-09-30 → 2023-08-07 (709 sessions) | 2023-10-18 |
| CLEAR SALE S.A | CLSA3 | 5 (2020–2024) | 2021-07-30 → 2025-04-01 (916 sessions) | 2025-06-09 |
| GRUPO DE MODA SOMA S.A. | SOMA3 | 5 (2019–2023) | 2020-07-31 → 2024-07-31 (996 sessions) | 2024-07-31 |
| INTER & CO, INC. | INBR31,INBR32 | 5 (2021–2025) | 2022-06-20 → 2026-09-04 (1,054 sessions) | still registered |
| SMILES FIDELIDADE S.A. | SMLS3 | 5 (2016–2020) | 2017-10-23 → 2021-06-04 (891 sessions) | 2021-09-01 |
| WILSON SONS S.A. | PORT3 | 5 (2020–2024) | 2021-10-25 → 2025-12-03 (1,028 sessions) | 2025-12-10 |
| BRISANET PARTICIPAÇÕES S.A. | BRIT3 | 4 (2020–2023) | 2021-07-29 → 2024-12-04 (839 sessions) | 2024-12-04 |
| NOTRE DAME INTERMÉDICA PARTICIPAÇÕES S.A. | GNDI3 | 4 (2017–2020) | 2018-04-23 → 2022-02-11 (944 sessions) | 2022-03-18 |
| BANCO MODAL S.A. | MODL11,MODL3 | 3 (2020–2022) | 2021-04-30 → 2023-06-30 (866 sessions) | 2023-07-31 |
| FOCUS ENERGIA HOLDING PARTICIPAÇÕES S.A. | POWE3 | 2 (2019–2020) | 2021-02-08 → 2022-03-11 (271 sessions) | 2022-02-04 |
| MOSAICO TECNOLOGIA AO CONSUMIDOR S.A. | MOSI3 | 2 (2019–2020) | 2021-02-05 → 2022-03-18 (277 sessions) | 2022-05-16 |
| MULTILASER INDUSTRIAL S.A. | MLAS3 | 1 (2017–2017) | 2021-07-22 → 2026-09-04 (1,280 sessions) | still registered |
What cannot (238 with registered shares)
The longest histories first; the full list is in the versioned file that feeds this page.
| company | years of DFP | cancelled |
|---|---|---|
| CIA INDUSTRIAL SCHLOSSER S.A. | 16 (2010–2025) | — |
| BANRISUL ARMAZENS GERAIS SA | 15 (2010–2024) | 2024-06-25 |
| CONPEL CIA. NORDESTINA DE PAPEL - EM RECUPERAÇÃO JUD | 15 (2010–2024) | 2025-08-20 |
| TERMINAL GARAGEM MENEZES CORTES SA | 15 (2010–2024) | 2025-12-17 |
| CIMS SA | 14 (2010–2023) | 2025-01-22 |
| NORTEC QUIMICA S.A. | 14 (2011–2024) | 2025-08-01 |
| SERRA AZUL WATER PARK SA | 14 (2010–2023) | 2024-04-25 |
| UPTICK PARTICIPACOES S.A. - EM LIQUIDAÇÃO | 14 (2010–2023) | 2025-04-30 |
| BR PROPERTIES S.A. | 13 (2010–2022) | 2023-12-20 |
| METALGRAFICA IGUACU SA | 13 (2010–2022) | 2023-05-17 |
| OPPORTUNITY ENERGIA E PARTICIPAÇÕES S.A. | 11 (2010–2020) | 2021-12-03 |
| PARTICIPAÇÕES INDUST. DO NORDESTE S.A. | 11 (2010–2020) | 2021-08-05 |
| FENICIAPAR S/A | 10 (2010–2019) | 2022-07-12 |
| INNCORP S.A. | 10 (2010–2019) | 2020-11-05 |
| KOSMOS COMÉRCIO DE VESTUÁRIO S/A - EM RECUPERAÇÃO JU | 10 (2010–2019) | 2022-07-12 |
| NUMERAL 80 PARTICIPAÇÕES S.A. | 10 (2010–2019) | 2020-09-16 |
| SANTHER FAB.DE PAPEL SANTA THEREZINHA SA | 10 (2010–2019) | 2021-03-05 |
| SUGOI S.A. | 10 (2015–2024) | — |
| ADVANCED DIGITAL HEALTH MEDICINA PREVENTIVA S.A. | 9 (2010–2018) | 2022-07-12 |
| ANDRADE GUTIERREZ PARTICIPAÇÕES SA | 9 (2010–2018) | 2019-08-12 |
| BMG LEASING S.A. - ARREND. MERCANTIL | 9 (2010–2018) | 2019-08-12 |
| BRASILIANA PARTICIPAÇÕES S.A. | 9 (2015–2023) | 2025-01-08 |
| BTGI QUARTZO PARTICIPAÇÕES S.A. | 9 (2015–2023) | 2024-11-04 |
| BTGI SAFIRA PARTICIPAÇÕES S.A. | 9 (2015–2023) | 2024-11-04 |
| ELETRON SA | 9 (2010–2018) | 2020-02-07 |
| FRIGOL FOODS PARTICIPAÇÕES S.A. | 9 (2011–2019) | 2020-03-13 |
| FUTURETEL S.A. - EM LIQUIDAÇÃO | 9 (2010–2018) | 2022-12-14 |
| GRUÇAI PARTICIPAÇÕES SA | 9 (2010–2018) | 2019-08-16 |
| ITAITINGA PARTICIPACOES SA | 9 (2010–2018) | 2019-08-19 |
| PRIO FORTE S.A. | 9 (2013–2021) | 2023-03-09 |
| ANDRADE GUTIERREZ CONCESSOES SA | 8 (2010–2017) | 2018-12-31 |
| CINESYSTEM S.A. | 8 (2015–2022) | 2023-09-05 |
| DIGITEL S.A. INDUSTRIA ELETRONICA - EM RECUPERAÇÃO J | 8 (2010–2017) | 2020-06-15 |
| ENCALSO PARTICIPAÇÕES EM CONCESSÕES S.A. | 8 (2014–2021) | 2022-06-01 |
| NAOMI PARTICIPAÇÕES SA | 8 (2011–2018) | 2019-03-22 |
| NOAH PARTICIPAÇÕES SA | 8 (2011–2018) | 2019-09-05 |
| RET PARTICIPAÇÕES S/A | 8 (2010–2017) | 2018-06-11 |
| TELINVEST SA | 8 (2010–2017) | 2018-06-11 |
| AFLUENTE GERAÇÃO DE ENERGIA ELÉTRICA S.A. | 7 (2010–2016) | 2017-11-24 |
| BASEL PARTICIPAÇÕES S/A | 7 (2010–2016) | 2017-09-22 |
This does not fix the bias
Recovering 11% of what is missing does not make the base survivorship-free: it makes the bias smaller and unmeasured, which is worse than a hole you can see. Nothing here changes the universe the API serves — it measures what is absent from it. The other limits are at what we do not solve.
Sources: the CVM's annual statements (DFP), the registration form (FCA,
securities section) and B3's end-of-day price file, 2010–2026.
Measured by ferramentas/sondagem_delistadas.py; the figures on this page are
counted from the database at render time.
Numbers on this page are live. Data version 2026-09-14-etfs · page generated 2026-09-20 16:26 UTC. If this does not match /saude, you are reading a cached copy.
Sources: CVM (open data, ODbL) and B3 (COTAHIST). Not affiliated with B3 or the CVM. Not investment advice.
Numbers on this page are live. Data version 2026-09-14-etfs · page generated 2026-09-20 16:26 UTC. If this does not match /saude, you are reading a cached copy.