| GQG Partners Emerging Markets Equity Fund ADVISORS' INNER CIRCLE III | 38,836,749 | 435.2M $ | 2.02 % | as of Mar 31, 2026 ↗ |
| CAIXA FUNDO MÚTUO DE PRIVATIZAÇÃO - FGTS - ELETROBRÁS - RESPONSABILIDADE LIMITADA | 30,365,613 | 1.6B R$ | 99.68 % | as of Jul 31, 2026 ↗ |
| iShares MSCI Brazil ETF iShares, Inc. | 22,559,662 | 269.6M $ | 2.79 % | as of Feb 28, 2026 ↗ |
| ITAÚ FUNDO MÚTUO DE PRIVATIZAÇÃO FGTS ELETROBRAS RESPONSABILIDADE LIMITADA | 19,632,709 | 1B R$ | 99.89 % | as of Jul 31, 2026 ↗ |
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 16,402,023 | 205.5M $ | 0.03 % | as of Apr 30, 2026 ↗ |
| VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 15,868,509 | 198.8M $ | 0.12 % | as of Apr 30, 2026 ↗ |
| SHARP TE1 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 13,158,969 | 13M R$ | 7.79 % | as of Apr 30, 2026 ↗ |
| iShares Core MSCI Emerging Markets ETF iShares, Inc. | 13,147,322 | 157.1M $ | 0.11 % | as of Feb 28, 2026 ↗ |
| XP FUNDO MÚTUO DE PRIVATIVAÇÃO - FGTS ELETROBRÁS RESPONSABILIDADE LIMITADA | 11,613,452 | 1.3B R$ | 99.19 % | as of Apr 30, 2026 ↗ |
| BB FUNDO MÚTUO DE PRIVATIZAÇÃO - FGTS ELETROBRAS - RESPONSABILIDADE LIMITADA | 10,949,614 | 578.4M R$ | 79.54 % | as of Jul 31, 2026 ↗ |
| Baillie Gifford Emerging Markets Equities Fund Baillie Gifford Funds | 10,567,600 | 119.4M $ | 1.63 % | as of Mar 31, 2026 ↗ |
| NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 9,564,249 | 311.7M R$ | 0.89 % | as of Apr 30, 2026 ↗ |
| OCCAM RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 7,539,488 | 11.3M R$ | 2.13 % | as of Apr 30, 2026 ↗ |
| SANTANDER FUNDO MÚTUO DE PRIVATIZAÇÃO - FGTS ELETROBRAS RESPONSABILIDADE LIMITADA | 7,290,000 | 452.3M R$ | 100.00 % | as of Apr 30, 2026 ↗ |
| SHARP TE3 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 7,051,613 | 6.9M R$ | 4.12 % | as of Apr 30, 2026 ↗ |
| Fidelity Series Emerging Markets Opportunities Fund Fidelity Investment Trust | 6,304,700 | 79M $ | 0.26 % | as of Apr 30, 2026 ↗ |
| iShares Latin America 40 ETF iShares Trust | 5,994,370 | 67.8M $ | 1.60 % | as of Mar 31, 2026 ↗ |
| Goldman Sachs GQG Partners International Opportunities Fund Goldman Sachs Trust II | 5,762,400 | 72.2M $ | 0.13 % | as of Apr 30, 2026 ↗ |
| BRADESCO FUNDO MÚTUO DE PRIVATIZAÇÃO - FGTS - CI ELETROBRAS - RESP LIMITADA | 5,744,821 | 303.4M R$ | 99.70 % | as of Jul 31, 2026 ↗ |
| Strategic Advisers Fidelity Emerging Markets Fund Fidelity Rutland Square Trust II | 5,717,161 | 68.3M $ | 0.19 % | as of Feb 28, 2026 ↗ |
| Fidelity Series Emerging Markets Fund Fidelity Investment Trust | 5,404,489 | 67.7M $ | 0.87 % | as of Apr 30, 2026 ↗ |
| JPMorgan Emerging Markets Equity Fund JPMorgan Trust I | 5,199,319 | 65.3M $ | 0.60 % | as of Apr 30, 2026 ↗ |
| CAIXA ELETROBRAS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 5,058,405 | 267.2M R$ | 98.18 % | as of Jul 31, 2026 ↗ |
| BTG PACTUAL REFERENCE FUNDO MÚTUO DE PRIVATIZAÇÃO DO FGTS ELETROBRAS | 4,997,223 | 264M R$ | 99.83 % | as of Jul 31, 2026 ↗ |
| V8 SRT FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA - RESPONSABILIDADE LIMITADA | 4,549,031 | 4.5M R$ | 0.61 % | as of Apr 30, 2026 ↗ |
| PREVI RENDA VARIÁVEL ATIVA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 4,302,366 | 227.3M R$ | 5.07 % | as of Jul 31, 2026 ↗ |
| ARGOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 4,239,199 | 223.9M R$ | 21.71 % | as of Jul 31, 2026 ↗ |
| ABSOLUTE ALPHA GLOBAL MASTER FIF MULTI - RESPONSABILIDADE LIMITADA | 3,649,971 | 118.1M R$ | 64.86 % | as of Apr 30, 2026 ↗ |
| FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES MISTYQUE | 3,588,796 | 189.6M R$ | 11.77 % | as of Jul 31, 2026 ↗ |
| Goldman Sachs Emerging Markets Equity Insights Fund Goldman Sachs Trust | 3,329,500 | 41.7M $ | 1.19 % | as of Apr 30, 2026 ↗ |
| Cullen Emerging Markets High Dividend Fund Cullen Funds Trust | 3,319,025 | 37.5M $ | 1.99 % | as of Mar 31, 2026 ↗ |
| ABSOLUTE ALPHA MARB MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 3,204,493 | 198.8M R$ | 71.39 % | as of Apr 30, 2026 ↗ |
| CAIEIRAS FIF MULTIMERCADO INVESTIMENTO NO EXTERIOR CRÉDITO PRIVADO RESPONSABILIDADE LIMITADA | 3,124,096 | 165M R$ | 2.29 % | as of Jul 31, 2026 ↗ |
| iShares MSCI Emerging Markets ETF iShares, Inc. | 3,099,930 | 37M $ | 0.12 % | as of Feb 28, 2026 ↗ |
| CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,721,007 | 168.8M R$ | 1.43 % | as of Apr 30, 2026 ↗ |
| VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 2,655,965 | 33.3M $ | 0.04 % | as of Apr 30, 2026 ↗ |
| iShares MSCI Emerging Markets ex China ETF iShares, Inc. | 2,441,802 | 29.2M $ | 0.16 % | as of Feb 28, 2026 ↗ |
| SAFRA FUNDO MÚTUO DE PRIVATIZAÇÃO FGTS ELETROBRAS CLASSE DE INVESTIMENTO EM AÇÕES RESP LIMITADA | 2,428,228 | 150.7M R$ | 98.05 % | as of Apr 30, 2026 ↗ |
| Fidelity Series Global ex U.S. Index Fund Fidelity Salem Street Trust | 2,311,930 | 29M $ | 0.04 % | as of Apr 30, 2026 ↗ |
| Goldman Sachs Emerging Markets Equity Fund Goldman Sachs Trust | 2,231,500 | 28M $ | 0.85 % | as of Apr 30, 2026 ↗ |
| KAPITALO MASTER I FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,201,034 | 136.6M R$ | 6.38 % | as of Apr 30, 2026 ↗ |
| WisdomTree Emerging Markets High Dividend Fund WisdomTree Trust | 2,189,923 | 24.6M $ | 0.71 % | as of Mar 31, 2026 ↗ |
| ITAÚ ELETROBRAS AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 2,165,117 | 114.4M R$ | 99.80 % | as of Jul 31, 2026 ↗ |
| BB AÇÕES ELETROBRAS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 2,150,945 | 113.6M R$ | 76.92 % | as of Jul 31, 2026 ↗ |
| Strategic Advisers Emerging Markets Fund Fidelity Rutland Square Trust II | 1,969,850 | 23.5M $ | 0.16 % | as of Feb 28, 2026 ↗ |
| DAYCOVAL FUNDO MÚTUO DE PRIVATIZAÇÃO DO FGTS ELETROBRAS (FMP-FGTS) | 1,932,101 | 102.1M R$ | 79.31 % | as of Jul 31, 2026 ↗ |
| ABSOLUTE VERTEX MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,873,693 | 116.3M R$ | 1.27 % | as of Apr 30, 2026 ↗ |
| ABDALLA FUNDO DE INVESTIMENTO EM AÇÕES | 1,842,900 | 114.4M R$ | 32.69 % | as of Apr 30, 2026 ↗ |
| BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 1,805,831 | 95.4M R$ | 3.43 % | as of Jul 31, 2026 ↗ |
| LAB FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES | 1,800,000 | 95.1M R$ | 5.89 % | as of Jul 31, 2026 ↗ |
| SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,754,760 | 108.9M R$ | 4.06 % | as of Apr 30, 2026 ↗ |
| UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 1,723,848 | 107M R$ | 3.55 % | as of Apr 30, 2026 ↗ |
| Kopernik Global All-Cap Fund ADVISORS' INNER CIRCLE FUND II | 1,692,511 | 21.3M $ | 0.62 % | as of Apr 30, 2026 ↗ |
| iShares Core MSCI Total International Stock ETF iShares Trust | 1,605,769 | 20.1M $ | 0.04 % | as of Apr 30, 2026 ↗ |
| PARTNER FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 1,593,082 | 84.1M R$ | 6.70 % | as of Jul 31, 2026 ↗ |
| Hartford Schroders Emerging Markets Equity Fund HARTFORD MUTUAL FUNDS II, INC | 1,585,139 | 19.9M $ | 0.26 % | as of Apr 30, 2026 ↗ |
| EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 1,568,008 | 19.6M $ | 0.05 % | as of Apr 30, 2026 ↗ |
| PETROS SELEÇÃO RETORNO REAL FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 1,526,700 | 94.7M R$ | 8.35 % | as of Apr 30, 2026 ↗ |
| ECLIPSEON FUNDO DE INVESTIMENTO EM AÇÕES | 1,460,818 | 77.2M R$ | 8.95 % | as of Jul 31, 2026 ↗ |
| Fidelity Emerging Markets Index Fund Fidelity Salem Street Trust | 1,457,365 | 18.3M $ | 0.13 % | as of Apr 30, 2026 ↗ |
| ABS TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,421,576 | 88.2M R$ | 4.27 % | as of Apr 30, 2026 ↗ |
| JNL/GQG Emerging Markets Equity Fund JNL Series Trust | 1,413,500 | 16M $ | 2.17 % | as of Mar 31, 2026 ↗ |
| Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 1,373,626 | 16.4M $ | 0.13 % | as of Feb 28, 2026 ↗ |
| Schwab Fundamental Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 1,360,919 | 16.3M $ | 0.17 % | as of Feb 28, 2026 ↗ |
| KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,262,087 | 78.3M R$ | 2.27 % | as of Apr 30, 2026 ↗ |
| CAIXA VINCI VALOR DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 1,255,719 | 66.3M R$ | 4.98 % | as of Jul 31, 2026 ↗ |
| VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND VANGUARD WHITEHALL FUNDS | 1,224,782 | 15.3M $ | 0.08 % | as of Apr 30, 2026 ↗ |
| GENIAL FUNDO MÚTUO DE PRIVATIZAÇÃO - FGTS ELETROBRAS | 1,195,450 | 63.1M R$ | 79.23 % | as of Jul 31, 2026 ↗ |
| Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 1,160,500 | 13M $ | 2.62 % | as of Mar 31, 2026 ↗ |
| ITAÚ DUNAMIS MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,108,000 | 68.8M R$ | 4.51 % | as of Apr 30, 2026 ↗ |
| DWS Latin America Equity Fund DEUTSCHE DWS INTERNATIONAL FUND, INC. | 1,089,447 | 13.7M $ | 3.35 % | as of Apr 30, 2026 ↗ |
| PARCITAS HEDGE MASTER FIF MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,009,400 | 62.6M R$ | 7.57 % | as of Apr 30, 2026 ↗ |
| CAIXA FGHAB FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,000,249 | 52.8M R$ | 1.27 % | as of Jul 31, 2026 ↗ |
| FACT TOTAL RETURN MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 990,224 | 52.3M R$ | 12.89 % | as of Jul 31, 2026 ↗ |
| OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 988,983 | 52.2M R$ | 0.15 % | as of Jul 31, 2026 ↗ |
| GQG Partners International Quality Value Fund ADVISORS' INNER CIRCLE III | 952,100 | 10.7M $ | 1.56 % | as of Mar 31, 2026 ↗ |
| ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 942,656 | 49.8M R$ | 4.52 % | as of Jul 31, 2026 ↗ |
| Nuveen Emerging Markets Equity Index Fund TIAA-CREF Funds | 936,745 | 11.7M $ | 0.12 % | as of Apr 30, 2026 ↗ |
| ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 930,386 | 57.7M R$ | 1.30 % | as of Apr 30, 2026 ↗ |
| VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 896,138 | 11.2M $ | 0.01 % | as of Apr 30, 2026 ↗ |
| KAPITALO K10 PREVIDÊNCIA MASTER FIF MULT RESP LIMITADA | 871,771 | 54.1M R$ | 0.64 % | as of Apr 30, 2026 ↗ |
| BTG PACTUAL SYNERGY LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 846,402 | 52.5M R$ | 7.93 % | as of Apr 30, 2026 ↗ |
| OCCAM EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 841,508 | 1.5M R$ | 0.90 % | as of Apr 30, 2026 ↗ |
| CAIXA VINCI VALOR FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 821,804 | 43.4M R$ | 5.67 % | as of Jul 31, 2026 ↗ |
| Emerging Markets Portfolio PACIFIC SELECT FUND | 809,000 | 9.1M $ | 1.11 % | as of Mar 31, 2026 ↗ |
| ITAÚ INFLATION EQUITY OPPORTUNITIES MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 808,837 | 50.2M R$ | 5.52 % | as of Apr 30, 2026 ↗ |
| KRYPTON FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 807,761 | 50.1M R$ | 29.28 % | as of Apr 30, 2026 ↗ |
| THE EMERGING MARKETS SERIES DFA INVESTMENT TRUST CO | 804,990 | 10.1M $ | 0.13 % | as of Apr 30, 2026 ↗ |
| CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 755,310 | 39.9M R$ | 4.55 % | as of Jul 31, 2026 ↗ |
| College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 747,851 | 8.5M $ | 0.01 % | as of Mar 31, 2026 ↗ |
| Fidelity Emerging Markets Equity Central Fund Fidelity Central Investment Portfolios LLC | 741,300 | 8.4M $ | 0.27 % | as of Mar 31, 2026 ↗ |
| ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 725,686 | 38.3M R$ | 2.45 % | as of Jul 31, 2026 ↗ |
| APOLO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 722,652 | 44.8M R$ | 25.25 % | as of Apr 30, 2026 ↗ |
| Hartford Schroders International Multi-Cap Value Fund HARTFORD MUTUAL FUNDS II, INC | 714,451 | 9M $ | 0.26 % | as of Apr 30, 2026 ↗ |
| ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 713,983 | 37.7M R$ | 4.16 % | as of Jul 31, 2026 ↗ |
| AQUARIUS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 691,652 | 42.9M R$ | 27.11 % | as of Apr 30, 2026 ↗ |
| IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 684,330 | 42.5M R$ | 2.17 % | as of Apr 30, 2026 ↗ |
| VANGUARD EMERGING MARKETS SELECT STOCK FUND VANGUARD TRUSTEES' EQUITY FUND | 637,900 | 8M $ | 0.65 % | as of Apr 30, 2026 ↗ |
| ITAÚ IBRX ATIVO MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 623,703 | 38.7M R$ | 4.93 % | as of Apr 30, 2026 ↗ |
| Handelsbanken Global Index Criteria Handelsbanken Fonder AB | 604,500 | 64.6M SEK | 0.04 % | as of Mar 31, 2026 ↗ |