| 1 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 6,324,500 | 6M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 2 | iShares Emerging Markets Dividend ETF iShares, Inc. | 6,208,915 | 5.9M $ | 0.45 % | as of Apr 30, 2026 · Original filing |
| 3 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 5,748,514 | 5.4M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 4 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 4,148,311 | 19.4M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 5 | IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 2,943,554 | 13.7M R$ | 0.70 % | as of Apr 30, 2026 · Original filing |
| 6 | CSN INVEST FUNDO DE INVESTIMENTO EM AÇÕES | 1,950,000 | 9.1M R$ | 9.49 % | as of Apr 30, 2026 · Original filing |
| 7 | iShares Emerging Markets Equity Factor ETF iShares, Inc. | 1,646,322 | 1.7M $ | 0.10 % | as of Feb 28, 2026 · Original filing |
| 8 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,335,519 | 6.2M R$ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 9 | SEB Världenfond SEB Funds AB | 1,309,500 | 11.8M SEK | 0.03 % | as of Mar 31, 2026 · Original filing |
| 10 | KAPITALO ZETA MERIDIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,214,454 | 5.7M R$ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 11 | CAIXA DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 1,181,000 | 5.5M R$ | 1.50 % | as of Apr 30, 2026 · Original filing |
| 12 | TRUXT LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,057,964 | 4.9M R$ | 0.91 % | as of Apr 30, 2026 · Original filing |
| 13 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,007,800 | 950.4K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 14 | PIMCO RAE Emerging Markets Fund PIMCO Equity Series | 976,400 | 933.1K $ | 0.03 % | as of Mar 31, 2026 · Original filing |
| 15 | ITAÚ FLEXPREV DIVIDENDOS INDEXADO FIF AÇÕES - RESP LIMITADA | 894,800 | 4.2M R$ | 1.65 % | as of Apr 30, 2026 · Original filing |
| 16 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 861,484 | 4M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 17 | SIIT WORLD EQUITY EX-US FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 829,500 | 884.8K $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 18 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 779,600 | 3.6M R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 19 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 726,838 | 3.4M R$ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 20 | SEB Dynamisk Aktiefond SEB Funds AB | 704,624 | 6.4M SEK | 0.03 % | as of Mar 31, 2026 · Original filing |
| 21 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 673,352 | 714.3K $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 22 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 594,003 | 2.8M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 23 | FIF - CLASSE DE INVESTIMENTO EM AÇÕES VIVEST IBOVESPA ATIVO RESP LIMITADA | 576,000 | 2.7M R$ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 24 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 553,900 | 2.6M R$ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 25 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 546,400 | 2.6M R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 26 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 526,779 | 2.5M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 27 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 499,200 | 2.3M R$ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 28 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 452,060 | 2.1M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 29 | JPMorgan Diversified Return Emerging Markets Equity ETF J.P. Morgan Exchange-Traded Fund Trust | 442,296 | 418K $ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 30 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 422,000 | 400K $ | 0.08 % | as of Mar 31, 2026 · Original filing |
| 31 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 408,744 | 1.9M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 32 | TRUXT LONG SHORT PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 389,891 | 1.8M R$ | 1.83 % | as of Apr 30, 2026 · Original filing |
| 33 | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND VANGUARD WHITEHALL FUNDS | 388,600 | 366.5K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 34 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 377,175 | 1.8M R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 35 | BRAM H PASSIVO IBRX FI FINANCEIRO - CIA - RESP LIMITADA | 369,566 | 1.7M R$ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 36 | BRADESCO H DIVIDENDOS FI FINANCEIRO - CIA - RESP LIMITADA | 364,397 | 1.7M R$ | 1.66 % | as of Apr 30, 2026 · Original filing |
| 37 | FUNEPP FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESPONSABILIDADE LIMITADA | 364,256 | 1.7M R$ | 1.70 % | as of Apr 30, 2026 · Original filing |
| 38 | TRUXT LONG BIAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 338,675 | 1.6M R$ | 0.62 % | as of Apr 30, 2026 · Original filing |
| 39 | BB TOP AÇÕES IBOVESPA INDEXADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 327,495 | 1.5M R$ | 0.22 % | as of Apr 30, 2026 · Original filing |
| 40 | ERIS FUNDO DE INVESTIMENTO FINANCEIRO CLASSE DE INVEST MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 327,352 | 1.5M R$ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 41 | MOAT CAPITAL EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 327,206 | 1.5M R$ | 1.01 % | as of Apr 30, 2026 · Original filing |
| 42 | BRADESCO MÁSTER IBOVESPA FI FINANCEIRO - CIA - RESP LIMITADA | 298,152 | 1.4M R$ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 43 | IBIUNA LONG BIASED MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 267,358 | 1.2M R$ | 0.50 % | as of Apr 30, 2026 · Original filing |
| 44 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 263,263 | 1.2M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 45 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 263,100 | 248.1K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 46 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 242,800 | 1.1M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 47 | BRAM EQUITY HEDGE FI FINANCEIRO - CI MULT - RESP LIMITADA | 241,100 | 1.1M R$ | 0.55 % | as of Apr 30, 2026 · Original filing |
| 48 | MANTIQUEIRA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 239,600 | 1.1M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 49 | SEB Emerging Marketsfond SEB Funds AB | 237,807 | 2.1M SEK | 0.03 % | as of Mar 31, 2026 · Original filing |
| 50 | BRAM FI FINANCEIRO - CIA IBOVESPA - RESP LIMITADA | 221,472 | 1M R$ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 51 | ITAÚ IBRX ATIVO MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 212,163 | 990.8K R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 52 | NEO VITALE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 208,247 | 972.5K R$ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 53 | Strategic Advisers Emerging Markets Fund Fidelity Rutland Square Trust II | 205,900 | 218.5K $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 54 | BTG PACTUAL SYNERGY EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 198,468 | 926.8K R$ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 55 | CAIXA BRASIL INDEXA IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 195,500 | 913K R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 56 | OCCAM RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 193,028 | 901.4K R$ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 57 | BB TOP AÇÕES INFRAESTRUTURA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 190,420 | 889.3K R$ | 1.27 % | as of Apr 30, 2026 · Original filing |
| 58 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 189,464 | 884.8K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 59 | GENOA CAPITAL RADAR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 187,490 | 875.6K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 60 | ITAÚ AÇÕES DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 172,200 | 804.2K R$ | 0.33 % | as of Apr 30, 2026 · Original filing |
| 61 | KAPITALO MASTER V FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 170,228 | 795K R$ | 0.40 % | as of Apr 30, 2026 · Original filing |
| 62 | ITAÚ FLEXPREV MASTER GD MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 165,690 | 773.8K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 63 | BB ONDINA II AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 164,700 | 769.1K R$ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 64 | TRUXT LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 162,748 | 760K R$ | 1.37 % | as of Apr 30, 2026 · Original filing |
| 65 | DAYCOVAL IBOVESPA ATIVO FUNDO DE INVESTIMENTO EM AÇÕES | 157,100 | 733.7K R$ | 1.11 % | as of Apr 30, 2026 · Original filing |
| 66 | BB ECO GOLD FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 150,596 | 703.3K R$ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 67 | AVANTGARDE MULTIFATORES ABSOLUTO FUNDO DE INVESTIMENTO MULTIMERCADO | 145,200 | 678.1K R$ | 1.35 % | as of Apr 30, 2026 · Original filing |
| 68 | BB PREVIDENCIA AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 141,690 | 661.7K R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 69 | GENOA CAPITAL CRUISE PREV A FIFE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 128,658 | 600.8K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 70 | CAPITANIA CASH & CARRY FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA LP - RESPONSABILIDADE LTDA | 123,617 | 120.9K R$ | 0.14 % | as of Apr 30, 2026 · Original filing |
| 71 | SARPEN SINTROPIA MASTER MULTIMERCADO FIF RESPONSABILIDADE LIMITADA | 121,600 | 567.9K R$ | 2.33 % | as of Apr 30, 2026 · Original filing |
| 72 | Acadian Emerging Markets Portfolio ADVISORS' INNER CIRCLE FUND | 111,400 | 105.3K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 73 | ENCORE LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 104,300 | 487.1K R$ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 74 | ITAÚ CAIXA MULTIMESAS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 103,278 | 482.3K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 75 | RVA EMB VI FIF - CI EM AÇÕES - RESP LIMITADA | 102,889 | 480.5K R$ | 0.28 % | as of Apr 30, 2026 · Original filing |
| 76 | SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 99,220 | 522.3K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 77 | KINEA URANO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESP LIMITADA | 96,403 | 450.2K R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 78 | BTG PACTUAL FOCUS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 90,186 | 421.2K R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 79 | BRASIL - ITAÚ FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 87,500 | 408.6K R$ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 80 | PS DIVERSIFICAÇÃO RV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 87,000 | 406.3K R$ | 0.98 % | as of Apr 30, 2026 · Original filing |
| 81 | BRADESCO IBOVESPA PLUS FI FINANCEIRO - CIA - RESP LIMITADA | 83,900 | 391.8K R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 82 | TRUXT MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 83,277 | 388.9K R$ | 0.46 % | as of Apr 30, 2026 · Original filing |
| 83 | VANGUARD ESG INTERNATIONAL STOCK ETF VANGUARD WORLD FUND | 81,400 | 86.4K $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 84 | GENOA CAPITAL PULSE PREV A FIFE FIF MULT - RESP LIMITADA | 80,948 | 378K R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 85 | FATOR DIV FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 80,800 | 377.3K R$ | 1.56 % | as of Apr 30, 2026 · Original filing |
| 86 | SPX LONG BIAS PREVIDENCIÁRIO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULT RESP LIMITADA | 80,130 | 374.2K R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 87 | RYO LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 77,700 | 362.9K R$ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 88 | METLIFE PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 76,587 | 357.7K R$ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 89 | SPRINGS EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 75,200 | 351.2K R$ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 90 | ITAÚ IBOVESPA ATIVO MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 74,356 | 347.2K R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 91 | BB MAR AZUL AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 72,800 | 340K R$ | 0.19 % | as of Apr 30, 2026 · Original filing |
| 92 | BB TOP MULTIMERCADO BALANCEADO FUNDO DE INVESTIMENTO FINANCEIRO LONGO PRAZO RESP LIMITADA | 68,800 | 321.3K R$ | 0.25 % | as of Apr 30, 2026 · Original filing |
| 93 | BZ LOCAL FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 68,524 | 320K R$ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 94 | JNL Emerging Markets Index Fund JNL Series Trust | 64,335 | 61.7K $ | 0.01 % | as of Mar 31, 2026 · Original filing |
| 95 | PORTO SEGURO MASTER PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 63,800 | 297.9K R$ | 0.24 % | as of Apr 30, 2026 · Original filing |
| 96 | ACE CAPITAL ACTION MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 63,600 | 297K R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 97 | PRINCIPAL CLARITAS QUANT MASTER II FI FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 63,300 | 295.6K R$ | 1.76 % | as of Apr 30, 2026 · Original filing |
| 98 | ABSOLUTE VERTEX MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 63,037 | 294.4K R$ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 99 | Diversified Equity Master Portfolio Master Investment Portfolio | 62,050 | 59.3K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 100 | SPX LONG BIAS PREVIDENCIÁRIO MASTER 2 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 60,364 | 281.9K R$ | 0.09 % | as of Apr 30, 2026 · Original filing |