| 1 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 69,641,372 | 1.1B R$ | 8.51 % | as of Apr 30, 2026 · Original filing |
| 2 | AZ QUEST LOW VOL FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 46,495,000 | 739.3M R$ | 26.30 % | as of Apr 30, 2026 · Original filing |
| 3 | GQG Partners Emerging Markets Equity Fund ADVISORS' INNER CIRCLE III | 38,777,000 | 114.7M $ | 0.53 % | as of Mar 31, 2026 · Original filing |
| 4 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 25,568,448 | 82.1M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 5 | iShares MSCI Brazil ETF iShares, Inc. | 23,118,410 | 66.1M $ | 0.68 % | as of Feb 28, 2026 · Original filing |
| 6 | ARTESANAL D+2 FUNDO DE INVESTIMENTO MULTIMERCADO | 22,850,000 | 363.3M R$ | 13.18 % | as of Apr 30, 2026 · Original filing |
| 7 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 18,683,684 | 297.1M R$ | 2.51 % | as of Apr 30, 2026 · Original filing |
| 8 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 18,146,162 | 58.3M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 9 | SPX RAPTOR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 10,408,545 | 165.5M R$ | 2.79 % | as of Apr 30, 2026 · Original filing |
| 10 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 9,764,859 | 27.9M $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 11 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 9,605,759 | 152.7M R$ | 5.69 % | as of Apr 30, 2026 · Original filing |
| 12 | SPX SUMMIT MACRO LONG SHORT MASTER FIF MULTIMERCADO CRED PRIV RESPONSABILIDADE LIMITADA | 9,187,815 | 146.1M R$ | 9.64 % | as of Apr 30, 2026 · Original filing |
| 13 | WPA I FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 9,160,754 | 145.7M R$ | 9.56 % | as of Apr 30, 2026 · Original filing |
| 14 | First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund First Trust Exchange-Traded Fund II | 6,925,427 | 20.6M $ | 0.27 % | as of Mar 31, 2026 · Original filing |
| 15 | PREVI RENDA VARIÁVEL ATIVA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 5,687,700 | 90.4M R$ | 1.97 % | as of Apr 30, 2026 · Original filing |
| 16 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 5,284,641 | 17M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 17 | PETROS SELEÇÃO RETORNO REAL FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 5,198,700 | 82.7M R$ | 7.28 % | as of Apr 30, 2026 · Original filing |
| 18 | ITAÚ INFLATION EQUITY OPPORTUNITIES MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 4,838,450 | 76.9M R$ | 8.47 % | as of Apr 30, 2026 · Original filing |
| 19 | AP7 Aktiefond Sjunde AP-fonden | 4,608,424 | 129.7M SEK | 0.01 % | as of Mar 31, 2026 · Original filing |
| 20 | Cohen & Steers Global Infrastructure Fund Inc. COHEN & STEERS GLOBAL INFRASTRUCTURE FUND INC | 4,562,064 | 13.6M $ | 1.24 % | as of Mar 31, 2026 · Original filing |
| 21 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 4,343,313 | 13.9M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 22 | SPX NIMITZ MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 4,331,593 | 68.9M R$ | 1.39 % | as of Apr 30, 2026 · Original filing |
| 23 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 4,317,125 | 68.6M R$ | 0.20 % | as of Apr 30, 2026 · Original filing |
| 24 | STARTOURS FIF EM AÇÕES INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 3,933,870 | 62.5M R$ | 14.57 % | as of Apr 30, 2026 · Original filing |
| 25 | Fidelity Series Global ex U.S. Index Fund Fidelity Salem Street Trust | 3,710,100 | 11.9M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 26 | Diversified Real Asset Fund Principal Funds, Inc | 3,254,781 | 9.3M $ | 0.35 % | as of Feb 28, 2026 · Original filing |
| 27 | WPA MASTER MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO | 3,013,000 | 47.9M R$ | 1.41 % | as of Apr 30, 2026 · Original filing |
| 28 | T. Rowe Price Latin America Fund T. ROWE PRICE INTERNATIONAL FUNDS, INC. | 2,915,700 | 9.4M $ | 1.79 % | as of Apr 30, 2026 · Original filing |
| 29 | iShares ESG Aware MSCI EM ETF iShares, Inc. | 2,876,675 | 8.2M $ | 0.12 % | as of Feb 28, 2026 · Original filing |
| 30 | iShares MSCI Emerging Markets ETF iShares, Inc. | 2,771,429 | 7.9M $ | 0.03 % | as of Feb 28, 2026 · Original filing |
| 31 | ABS TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,662,961 | 42.3M R$ | 2.05 % | as of Apr 30, 2026 · Original filing |
| 32 | WisdomTree Emerging Markets High Dividend Fund WisdomTree Trust | 2,658,962 | 7.9M $ | 0.23 % | as of Mar 31, 2026 · Original filing |
| 33 | TUCA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 2,429,743 | 38.6M R$ | 16.86 % | as of Apr 30, 2026 · Original filing |
| 34 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 2,382,871 | 37.9M R$ | 1.88 % | as of Apr 30, 2026 · Original filing |
| 35 | iShares MSCI Emerging Markets Min Vol Factor ETF iShares, Inc. | 2,325,967 | 6.7M $ | 0.19 % | as of Feb 28, 2026 · Original filing |
| 36 | Fidelity Emerging Markets Index Fund Fidelity Salem Street Trust | 2,321,900 | 7.5M $ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 37 | OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 2,256,600 | 35.9M R$ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 38 | CAIXA VINCI VALOR DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 2,221,321 | 35.3M R$ | 2.51 % | as of Apr 30, 2026 · Original filing |
| 39 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 2,211,348 | 6.3M $ | 0.05 % | as of Feb 28, 2026 · Original filing |
| 40 | FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES MISTYQUE | 2,200,000 | 35M R$ | 2.02 % | as of Apr 30, 2026 · Original filing |
| 41 | LOCAL EXPLORER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,157,991 | 34.3M R$ | 4.25 % | as of Apr 30, 2026 · Original filing |
| 42 | iShares MSCI Emerging Markets ex China ETF iShares, Inc. | 2,151,150 | 6.2M $ | 0.03 % | as of Feb 28, 2026 · Original filing |
| 43 | iShares Core MSCI Total International Stock ETF iShares Trust | 2,057,536 | 6.6M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 44 | Schwab Fundamental Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 2,028,522 | 5.8M $ | 0.06 % | as of Feb 28, 2026 · Original filing |
| 45 | KAPITALO MASTER I FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,986,688 | 31.6M R$ | 1.47 % | as of Apr 30, 2026 · Original filing |
| 46 | Handelsbanken Latinamerika Impact Tema Handelsbanken Fonder AB | 1,963,000 | 55.3M SEK | 2.12 % | as of Mar 31, 2026 · Original filing |
| 47 | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND VANGUARD WHITEHALL FUNDS | 1,956,492 | 6.3M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 48 | XP BALANCEADO FUNDO MÚTUO DE PRIVATIVAÇÃO - FGTS CARTEIRA LIVRE RESPONSABILIDADE LIMITADA | 1,903,800 | 30.3M R$ | 3.48 % | as of Apr 30, 2026 · Original filing |
| 49 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 1,835,700 | 5.4M $ | 1.09 % | as of Mar 31, 2026 · Original filing |
| 50 | ITAÚ INFLATION EQUITY OPPORTUNITIES AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,707,313 | 27.1M R$ | 8.55 % | as of Apr 30, 2026 · Original filing |
| 51 | ClearBridge Global Infrastructure Income Fund Legg Mason Global Asset Management Trust | 1,671,594 | 5M $ | 3.05 % | as of Mar 31, 2026 · Original filing |
| 52 | VIROFLAY FIF PREVIDENCIÁRIO CLASSE DE INVESTIMENTO MULTIMERCADO PREV RESP LIMITADA | 1,668,700 | 26.5M R$ | 13.05 % | as of Apr 30, 2026 · Original filing |
| 53 | THE EMERGING MARKETS SERIES DFA INVESTMENT TRUST CO | 1,637,163 | 5.3M $ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 54 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,601,037 | 25.5M R$ | 0.49 % | as of Apr 30, 2026 · Original filing |
| 55 | ECLIPSEON FUNDO DE INVESTIMENTO EM AÇÕES | 1,532,000 | 24.4M R$ | 2.56 % | as of Apr 30, 2026 · Original filing |
| 56 | JNL/GQG Emerging Markets Equity Fund JNL Series Trust | 1,524,900 | 4.5M $ | 0.62 % | as of Mar 31, 2026 · Original filing |
| 57 | Nuveen Emerging Markets Equity Index Fund TIAA-CREF Funds | 1,495,000 | 4.8M $ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 58 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,448,072 | 4.6M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 59 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,406,000 | 22.4M R$ | 1.78 % | as of Apr 30, 2026 · Original filing |
| 60 | ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 1,395,500 | 22.2M R$ | 1.61 % | as of Apr 30, 2026 · Original filing |
| 61 | ELO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES | 1,363,500 | 21.7M R$ | 8.68 % | as of Apr 30, 2026 · Original filing |
| 62 | POLO TOTAL RETURN CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,355,245 | 21.5M R$ | 4.49 % | as of Apr 30, 2026 · Original filing |
| 63 | ITAÚ IBRX ATIVO MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,342,340 | 21.3M R$ | 2.72 % | as of Apr 30, 2026 · Original filing |
| 64 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 1,338,800 | 3.8M $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 65 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 1,326,644 | 21.1M R$ | 1.41 % | as of Apr 30, 2026 · Original filing |
| 66 | CAIXA VINCI VALOR FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 1,326,620 | 21.1M R$ | 2.52 % | as of Apr 30, 2026 · Original filing |
| 67 | VINLAND PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,321,665 | 21M R$ | 18.96 % | as of Apr 30, 2026 · Original filing |
| 68 | UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 1,239,716 | 19.7M R$ | 0.65 % | as of Apr 30, 2026 · Original filing |
| 69 | Goldman Sachs Multi-Manager Real Assets Strategy Fund Goldman Sachs Trust II | 1,217,675 | 3.9M $ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 70 | SANTA CRISTINA FI FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR - RESPONSABILIDADE LIMITADA | 1,204,100 | 19.1M R$ | 5.28 % | as of Apr 30, 2026 · Original filing |
| 71 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 1,192,100 | 3.6M $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 72 | ASSAY II FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,179,000 | 18.7M R$ | 5.97 % | as of Apr 30, 2026 · Original filing |
| 73 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 1,177,553 | 3.8M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 74 | CAPSIGMA MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 1,176,400 | 18.7M R$ | 13.27 % | as of Apr 30, 2026 · Original filing |
| 75 | Multi-Manager Global Listed Infrastructure Fund Northern Funds | 1,149,137 | 3.4M $ | 0.34 % | as of Mar 31, 2026 · Original filing |
| 76 | DHARMA CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 1,140,000 | 18.1M R$ | 10.23 % | as of Apr 30, 2026 · Original filing |
| 77 | VERDE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,136,000 | 18.1M R$ | 0.31 % | as of Apr 30, 2026 · Original filing |
| 78 | KINEA PREV APOLO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 1,129,238 | 18M R$ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 79 | Cohen & Steers Real Assets Fund, Inc. Cohen & Steers Real Assets Fund, Inc. | 1,084,081 | 3.2M $ | 0.18 % | as of Mar 31, 2026 · Original filing |
| 80 | DWS Latin America Equity Fund DEUTSCHE DWS INTERNATIONAL FUND, INC. | 1,080,114 | 3.5M $ | 0.85 % | as of Apr 30, 2026 · Original filing |
| 81 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 1,071,337 | 17M R$ | 0.99 % | as of Apr 30, 2026 · Original filing |
| 82 | PARKIA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,070,100 | 17M R$ | 5.13 % | as of Apr 30, 2026 · Original filing |
| 83 | BRASILPREV KINEA SIGMA PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,056,106 | 16.8M R$ | 0.50 % | as of Apr 30, 2026 · Original filing |
| 84 | XP INVESTOR LONG BIASED FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,048,800 | 16.7M R$ | 6.36 % | as of Apr 30, 2026 · Original filing |
| 85 | BARRACUDA FUNDO DE INVESTIMENTO MULTIMERCADO | 1,045,200 | 16.6M R$ | 64.44 % | as of Apr 30, 2026 · Original filing |
| 86 | FIF - CLASSE DE INVESTIMENTO EM AÇÕES VIVEST LONG ONLY RESP LIMITADA | 1,012,700 | 16.1M R$ | 4.79 % | as of Apr 30, 2026 · Original filing |
| 87 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 1,006,800 | 16M R$ | 1.79 % | as of Apr 30, 2026 · Original filing |
| 88 | BB AÇÕES ENERGIA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,003,070 | 15.9M R$ | 7.62 % | as of Apr 30, 2026 · Original filing |
| 89 | JAZZ LB FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,000,850 | 15.9M R$ | 6.03 % | as of Apr 30, 2026 · Original filing |
| 90 | FMHE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,000,000 | 15.9M R$ | 15.92 % | as of Apr 30, 2026 · Original filing |
| 91 | FHS FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES | 1,000,000 | 15.9M R$ | 3.40 % | as of Apr 30, 2026 · Original filing |
| 92 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 998,900 | 15.9M R$ | 1.63 % | as of Apr 30, 2026 · Original filing |
| 93 | Fidelity Global ex U.S. Index Fund Fidelity Salem Street Trust | 982,600 | 3.2M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 94 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 963,345 | 3.1M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 95 | SPX FALCON INSTITUCIONAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 949,526 | 15.1M R$ | 6.78 % | as of Apr 30, 2026 · Original filing |
| 96 | KINEA URANO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESP LIMITADA | 929,004 | 14.8M R$ | 2.36 % | as of Apr 30, 2026 · Original filing |
| 97 | XP INVESTOR FUNDO MÚTUO DE PRIVATIVAÇÃO - FGTS CARTEIRA LIVRE RESPONSABILIDADE LIMITADA | 922,500 | 14.7M R$ | 5.24 % | as of Apr 30, 2026 · Original filing |
| 98 | JGP COMPOUNDERS MASTER FI FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR - RESPONSABILIDADE LIMITADA | 903,450 | 14.4M R$ | 6.93 % | as of Apr 30, 2026 · Original filing |
| 99 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 900,965 | 14.3M R$ | 0.33 % | as of Apr 30, 2026 · Original filing |
| 100 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 900,200 | 14.3M R$ | 1.66 % | as of Apr 30, 2026 · Original filing |