| iShares MSCI Brazil ETF iShares, Inc. | 37,137,786 | 149.4M $ | 1.47 % | as of May 31, 2026 ↗ |
| Lazard Emerging Markets Equity Portfolio LAZARD FUNDS INC | 26,718,052 | 103M $ | 1.12 % | as of Jun 30, 2026 ↗ |
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 25,006,496 | 105.3M $ | 0.02 % | as of Jul 31, 2026 ↗ |
| VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 23,961,615 | 100.9M $ | 0.06 % | as of Jul 31, 2026 ↗ |
| OPPORTUNITY TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 21,807,400 | 484.3M R$ | 20.62 % | as of Apr 30, 2026 ↗ |
| OPPORTUNITY CAPITAL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 21,807,400 | 484.3M R$ | 41.36 % | as of Apr 30, 2026 ↗ |
| Invesco Developing Markets Fund AIM Investment Funds (Invesco Investment Funds) | 21,635,809 | 91.1M $ | 1.03 % | as of Jul 31, 2026 ↗ |
| GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 21,379,709 | 474.3M R$ | 3.65 % | as of Apr 30, 2026 ↗ |
| ABSOLUTE VERTEX MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 20,950,446 | 40.5M R$ | 0.44 % | as of Apr 30, 2026 ↗ |
| iShares Core MSCI Emerging Markets ETF iShares, Inc. | 18,746,530 | 75.4M $ | 0.05 % | as of May 31, 2026 ↗ |
| iShares Latin America 40 ETF iShares Trust | 17,073,494 | 65.8M $ | 1.76 % | as of Jun 30, 2026 ↗ |
| Columbia Overseas Value Fund COLUMBIA FUNDS SERIES TRUST | 17,034,614 | 69.5M $ | 1.02 % | as of May 31, 2026 ↗ |
| BB AÇÕES BB FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 16,441,974 | 351M R$ | 98.62 % | as of Jul 31, 2026 ↗ |
| ARGA Emerging Markets Value Fund ADVISORS' INNER CIRCLE III | 15,069,300 | 58.2M $ | 2.76 % | as of Jun 30, 2026 ↗ |
| ARGOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 14,311,194 | 305.5M R$ | 29.63 % | as of Jul 31, 2026 ↗ |
| RBC Emerging Markets Equity Fund RBC Funds Trust | 13,614,100 | 52.6M $ | 0.80 % | as of Jun 30, 2026 ↗ |
| SIIT WORLD EQUITY EX-US FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 13,465,753 | 54.8M $ | 0.59 % | as of May 31, 2026 ↗ |
| Fidelity SAI Emerging Markets Value Index Fund Fidelity Salem Street Trust | 12,867,300 | 54.2M $ | 0.45 % | as of Jul 31, 2026 ↗ |
| Pzena Emerging Markets Value Fund Advisors Series Trust | 12,529,200 | 51.1M $ | 1.19 % | as of May 31, 2026 ↗ |
| OPPORTUNITY ORBIS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 12,054,349 | 267.7M R$ | 23.83 % | as of Apr 30, 2026 ↗ |
| OPPORTUNITY CARTEIRA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 11,924,157 | 264.8M R$ | 57.79 % | as of Apr 30, 2026 ↗ |
| Schwab Fundamental Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 11,590,323 | 46.5M $ | 0.48 % | as of May 31, 2026 ↗ |
| AZ QUEST LOW VOL FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 11,584,240 | 257.3M R$ | 9.15 % | as of Apr 30, 2026 ↗ |
| NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 7,939,694 | 161.5M R$ | 0.46 % | as of Apr 30, 2026 ↗ |
| VANGUARD INTERNATIONAL VALUE FUND VANGUARD TRUSTEES' EQUITY FUND | 6,930,638 | 29.2M $ | 0.25 % | as of Jul 31, 2026 ↗ |
| Bridge Builder International Equity Fund Bridge Builder Trust | 6,607,200 | 25.5M $ | 0.10 % | as of Jun 30, 2026 ↗ |
| IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 5,553,819 | 123.4M R$ | 6.32 % | as of Apr 30, 2026 ↗ |
| OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 5,550,731 | 118.5M R$ | 0.35 % | as of Jul 31, 2026 ↗ |
| Nomura International Core Equity Fund IVY FUNDS | 5,378,207 | 20.8M $ | 1.52 % | as of Jun 30, 2026 ↗ |
| CAIEIRAS FIF MULTIMERCADO INVESTIMENTO NO EXTERIOR CRÉDITO PRIVADO RESPONSABILIDADE LIMITADA | 5,316,385 | 113.5M R$ | 1.58 % | as of Jul 31, 2026 ↗ |
| State Street(R) SPDR(R) Portfolio Emerging Markets ETF SPDR INDEX SHARES FUNDS | 4,651,580 | 17.9M $ | 0.10 % | as of Jun 30, 2026 ↗ |
| ECLIPSEON FUNDO DE INVESTIMENTO EM AÇÕES | 4,564,100 | 97.4M R$ | 11.31 % | as of Jul 31, 2026 ↗ |
| DIMENSIONAL EMERGING MARKETS VALUE FUND DIMENSIONAL EMERGING MARKETS VALUE FUND | 4,283,373 | 18M $ | 0.12 % | as of Jul 31, 2026 ↗ |
| iShares MSCI Emerging Markets ex China ETF iShares, Inc. | 4,141,800 | 16.7M $ | 0.07 % | as of May 31, 2026 ↗ |
| AP7 Aktiefond Sjunde AP-fonden | 4,098,013 | 171.9M SEK | 0.01 % | as of Mar 31, 2026 ↗ |
| iShares MSCI Emerging Markets ETF iShares, Inc. | 4,055,470 | 16.3M $ | 0.05 % | as of May 31, 2026 ↗ |
| VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 4,020,759 | 16.9M $ | 0.02 % | as of Jul 31, 2026 ↗ |
| State Street(R) SPDR(R) S&P Emerging Markets Dividend ETF SPDR INDEX SHARES FUNDS | 3,821,719 | 14.7M $ | 1.21 % | as of Jun 30, 2026 ↗ |
| PIMCO RAE Emerging Markets Fund PIMCO Equity Series | 3,761,780 | 14.5M $ | 0.52 % | as of Jun 30, 2026 ↗ |
| AZ QUEST TERMO FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA LONGO PRAZO | 3,712,550 | 82.5M R$ | 38.35 % | as of Apr 30, 2026 ↗ |
| PREVI RENDA VARIÁVEL ATIVA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 3,624,118 | 77.4M R$ | 1.72 % | as of Jul 31, 2026 ↗ |
| CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 3,459,378 | 73.9M R$ | 1.52 % | as of Jul 31, 2026 ↗ |
| Fidelity Series Global ex U.S. Index Fund Fidelity Salem Street Trust | 3,381,900 | 14.2M $ | 0.02 % | as of Jul 31, 2026 ↗ |
| JAGUAR FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 3,100,000 | 66.2M R$ | 7.25 % | as of Jul 31, 2026 ↗ |
| CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 3,031,948 | 67.3M R$ | 0.57 % | as of Apr 30, 2026 ↗ |
| Nomura VIP International Core Equity Series Ivy Variable Insurance Portfolios | 3,026,120 | 11.7M $ | 1.53 % | as of Jun 30, 2026 ↗ |
| EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2,983,807 | 12.6M $ | 0.03 % | as of Jul 31, 2026 ↗ |
| SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 2,782,582 | 121.7M R$ | 3.01 % | as of Jul 31, 2026 ↗ |
| ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 2,768,500 | 61.5M R$ | 4.47 % | as of Apr 30, 2026 ↗ |
| PARTNER FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 2,753,300 | 58.8M R$ | 4.68 % | as of Jul 31, 2026 ↗ |
| Invesco Emerging Markets ex-China Fund AIM Investment Funds (Invesco Investment Funds) | 2,637,676 | 11.1M $ | 0.88 % | as of Jul 31, 2026 ↗ |
| Schwab Fundamental Emerging Markets Equity Index Fund SCHWAB CAPITAL TRUST | 2,569,765 | 10.8M $ | 0.58 % | as of Jul 31, 2026 ↗ |
| Invesco RAFI Emerging Markets ETF Invesco Exchange-Traded Fund Trust II | 2,421,096 | 10.2M $ | 0.52 % | as of Jul 31, 2026 ↗ |
| V8 SRT FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA - RESPONSABILIDADE LIMITADA | 2,383,389 | 2.2M R$ | 0.30 % | as of Apr 30, 2026 ↗ |
| BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 2,379,991 | 50.8M R$ | 1.83 % | as of Jul 31, 2026 ↗ |
| Avantis Emerging Markets Equity ETF American Century ETF Trust | 2,342,980 | 9.6M $ | 0.04 % | as of May 31, 2026 ↗ |
| PACE International Emerging Markets Equity Investments PACE SELECT ADVISORS TRUST | 2,207,149 | 9.3M $ | 1.63 % | as of Jul 31, 2026 ↗ |
| REAL INVESTOR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 2,204,862 | 49M R$ | 3.69 % | as of Apr 30, 2026 ↗ |
| Fidelity Emerging Markets Index Fund Fidelity Salem Street Trust | 2,113,600 | 8.9M $ | 0.06 % | as of Jul 31, 2026 ↗ |
| Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 2,034,936 | 8.2M $ | 0.06 % | as of May 31, 2026 ↗ |
| VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND VANGUARD WHITEHALL FUNDS | 2,034,636 | 8.6M $ | 0.04 % | as of Jul 31, 2026 ↗ |
| EQ/Lazard Emerging Markets Equity Portfolio EQ Advisors Trust | 2,033,800 | 7.9M $ | 1.16 % | as of Jun 30, 2026 ↗ |
| CAIXA BANCO DO BRASIL PLUS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 2,027,100 | 43.3M R$ | 99.54 % | as of Jul 31, 2026 ↗ |
| Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 1,984,400 | 7.6M $ | 1.47 % | as of Jun 30, 2026 ↗ |
| iShares Core MSCI Total International Stock ETF iShares Trust | 1,969,342 | 8.3M $ | 0.01 % | as of Jul 31, 2026 ↗ |
| Variable Portfolio - Partners International Value Fund Columbia Funds Variable Series Trust II | 1,854,300 | 7.2M $ | 0.45 % | as of Jun 30, 2026 ↗ |
| KRYPTON FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,810,342 | 40.2M R$ | 23.49 % | as of Apr 30, 2026 ↗ |
| APOLO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,739,142 | 38.6M R$ | 21.75 % | as of Apr 30, 2026 ↗ |
| VANGUARD EMERGING MARKETS SELECT STOCK FUND VANGUARD TRUSTEES' EQUITY FUND | 1,653,000 | 7M $ | 0.57 % | as of Jul 31, 2026 ↗ |
| AQUARIUS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,622,742 | 36M R$ | 22.77 % | as of Apr 30, 2026 ↗ |
| AQR Emerging Multi-Style II Fund AQR Funds | 1,613,400 | 6.2M $ | 0.81 % | as of Jun 30, 2026 ↗ |
| Brown Advisory Emerging Markets Select Fund Brown Advisory Funds | 1,587,200 | 6.1M $ | 0.59 % | as of Jun 30, 2026 ↗ |
| SHARP TE1 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,561,517 | 1.5M R$ | 0.92 % | as of Apr 30, 2026 ↗ |
| UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 1,545,103 | 34.3M R$ | 1.14 % | as of Apr 30, 2026 ↗ |
| BTG PACTUAL SYNERGY EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,518,787 | 33.7M R$ | 3.24 % | as of Apr 30, 2026 ↗ |
| BTG PACTUAL SYNERGY LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,497,461 | 33.3M R$ | 5.02 % | as of Apr 30, 2026 ↗ |
| SIT International Equity Fund SEI INSTITUTIONAL INTERNATIONAL TRUST | 1,464,400 | 5.6M $ | 0.16 % | as of Jun 30, 2026 ↗ |
| SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,461,486 | 32.5M R$ | 1.21 % | as of Apr 30, 2026 ↗ |
| Lazard Retirement Emerging Markets Equity Portfolio LAZARD RETIREMENT SERIES INC | 1,430,904 | 5.5M $ | 1.14 % | as of Jun 30, 2026 ↗ |
| KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,376,720 | 30.6M R$ | 0.89 % | as of Apr 30, 2026 ↗ |
| VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,368,240 | 5.8M $ | 0.01 % | as of Jul 31, 2026 ↗ |
| SHARP TE3 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,364,550 | 1.3M R$ | 0.80 % | as of Apr 30, 2026 ↗ |
| Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 1,362,167 | 5.7M $ | 0.06 % | as of Jul 31, 2026 ↗ |
| Nuveen Emerging Markets Equity Index Fund TIAA-CREF Funds | 1,310,166 | 5.5M $ | 0.06 % | as of Jul 31, 2026 ↗ |
| Storebrand Global All Countries Storebrand Asset Management AS | 1,281,167 | 53.8M SEK | 0.12 % | as of Mar 31, 2026 ↗ |
| CLASSE ÚNICA DO TROJANS 95 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 1,246,200 | 27.7M R$ | 3.61 % | as of Apr 30, 2026 ↗ |
| POSITIVO IV FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITDA | 1,246,200 | 26.6M R$ | 3.71 % | as of Jul 31, 2026 ↗ |
| ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,242,352 | 26.5M R$ | 2.41 % | as of Jul 31, 2026 ↗ |
| BRADESCO FUNDO DE INVESTIMENTO FINANCEIRO - CLASSE DE INVESTIMENTO EM AÇÕES AM3G | 1,199,360 | 25.6M R$ | 7.53 % | as of Jul 31, 2026 ↗ |
| Storebrand Emerging Markets Storebrand Asset Management AS | 1,132,114 | 47.5M SEK | 0.20 % | as of Mar 31, 2026 ↗ |
| THE EMERGING MARKETS SERIES DFA INVESTMENT TRUST CO | 1,124,309 | 4.7M $ | 0.06 % | as of Jul 31, 2026 ↗ |
| College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 1,067,602 | 4.1M $ | 0.00 % | as of Jun 30, 2026 ↗ |
| SANTANDER GUARUJÁ MULTIMERCADO CRÉDITO PRIVADO - FIF | 1,055,000 | 22.5M R$ | 1.97 % | as of Jul 31, 2026 ↗ |
| ITAÚ DUNAMIS MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,008,000 | 22.4M R$ | 1.47 % | as of Apr 30, 2026 ↗ |
| FIF - CLASSE DE INVESTIMENTO EM AÇÕES VIVEST IBOVESPA ATIVO RESP LIMITADA | 1,000,300 | 22.2M R$ | 2.25 % | as of Apr 30, 2026 ↗ |
| Fidelity Total International Index Fund Fidelity Salem Street Trust | 995,366 | 4.2M $ | 0.02 % | as of Jul 31, 2026 ↗ |
| CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 991,690 | 21.2M R$ | 2.42 % | as of Jul 31, 2026 ↗ |
| ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 956,398 | 20.4M R$ | 1.31 % | as of Jul 31, 2026 ↗ |
| ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 941,032 | 20.1M R$ | 2.22 % | as of Jul 31, 2026 ↗ |
| VIROFLAY FIF PREVIDENCIÁRIO CLASSE DE INVESTIMENTO MULTIMERCADO PREV RESP LIMITADA | 921,200 | 20.5M R$ | 10.07 % | as of Apr 30, 2026 ↗ |