| 1 | KAPITALO ZETA MERIDIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 10,228,389 | 89.9M R$ | 1.95 % | as of Apr 30, 2026 · Original filing |
| 2 | CAIXA MASTER AÇÕES LIVRE QUANTITATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 7,064,750 | 62.1M R$ | 6.78 % | as of Apr 30, 2026 · Original filing |
| 3 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 4,846,371 | 8.6M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 4 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 4,804,674 | 42.2M R$ | 1.22 % | as of Apr 30, 2026 · Original filing |
| 5 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 4,585,271 | 8.1M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 6 | MAMORÉ FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 4,232,700 | 37.2M R$ | 6.59 % | as of Apr 30, 2026 · Original filing |
| 7 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 4,122,560 | 8.6M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 8 | OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 3,907,430 | 34.3M R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 9 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 1,917,185 | 4M $ | 1.10 % | as of Feb 28, 2026 · Original filing |
| 10 | PATRIA LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,680,300 | 14.8M R$ | 5.11 % | as of Apr 30, 2026 · Original filing |
| 11 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 1,582,438 | 2.8M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 12 | TRUXT RETORNO REAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 1,380,500 | 12.1M R$ | 5.51 % | as of Apr 30, 2026 · Original filing |
| 13 | KAPITALO MASTER V FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,365,016 | 12M R$ | 6.00 % | as of Apr 30, 2026 · Original filing |
| 14 | SAFARI MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,364,800 | 12M R$ | 6.18 % | as of Apr 30, 2026 · Original filing |
| 15 | VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,295,561 | 2.3M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 16 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 1,186,100 | 2.5M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 17 | BRASÍLIA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 1,137,000 | 10M R$ | 7.87 % | as of Apr 30, 2026 · Original filing |
| 18 | ENCORE LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,096,500 | 9.6M R$ | 4.46 % | as of Apr 30, 2026 · Original filing |
| 19 | HEIWA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 970,000 | 8.5M R$ | 4.95 % | as of Apr 30, 2026 · Original filing |
| 20 | CAIXA AÇÕES LIVRE QUANTITATIVO PREVINVEST PREVIDENCIÁRIO FIF EM AÇÕES - RESPONSABILIDADE LIMITADA | 937,600 | 8.2M R$ | 6.56 % | as of Apr 30, 2026 · Original filing |
| 21 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 920,000 | 8.1M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 22 | CAIXA FUNDO MÚTUO DE PRIVATIZAÇÃO - FGTS CARTEIRA LIVRE - FGTS CL ABSOLUTO - RESP LIMITADA | 907,600 | 8M R$ | 6.47 % | as of Apr 30, 2026 · Original filing |
| 23 | SAFRA PREV KEPLER ADVANCED FIF PREVIDENCIÁRIO CLASSE DE INV MULTIMERCADO PREV RESP LIMITADA | 823,950 | 7.2M R$ | 1.47 % | as of Apr 30, 2026 · Original filing |
| 24 | TRUXT LONG BIAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 690,167 | 6.1M R$ | 2.39 % | as of Apr 30, 2026 · Original filing |
| 25 | LOGOS TOTAL RETURN MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 618,600 | 5.4M R$ | 4.38 % | as of Apr 30, 2026 · Original filing |
| 26 | VISTA MULTIESTRATEGIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 610,771 | 5.4M R$ | 0.92 % | as of Apr 30, 2026 · Original filing |
| 27 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 593,378 | 1.1M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 28 | Mercer Emerging Markets Equity Fund Mercer Funds | 585,100 | 944.6K $ | 0.07 % | as of Mar 31, 2026 · Original filing |
| 29 | Avantis Emerging Markets Value ETF American Century ETF Trust | 564,100 | 1.2M $ | 0.08 % | as of Feb 28, 2026 · Original filing |
| 30 | KINEA PREV APOLO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 542,217 | 4.8M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 31 | MOAT CAPITAL EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 527,147 | 4.6M R$ | 3.08 % | as of Apr 30, 2026 · Original filing |
| 32 | SAFRA GALILEO MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 522,230 | 4.6M R$ | 0.60 % | as of Apr 30, 2026 · Original filing |
| 33 | ACE CAPITAL ABSOLUTO INSTITUCIONAL MASTER FI FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 521,000 | 4.6M R$ | 2.21 % | as of Apr 30, 2026 · Original filing |
| 34 | SPEEDWAY LONG SHORT MASTER FUNDO DE INVESTIMENTO MULTIMERCADO | 518,100 | 4.6M R$ | 1.20 % | as of Apr 30, 2026 · Original filing |
| 35 | ENCORE LONG BIAS PREV FUNDO DE INVESTIMENTO MULTIMERCADO | 515,700 | 4.5M R$ | 4.53 % | as of Apr 30, 2026 · Original filing |
| 36 | SIIT WORLD EQUITY EX-US FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 491,400 | 1M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 37 | iShares Core MSCI Total International Stock ETF iShares Trust | 484,504 | 860K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 38 | WisdomTree Emerging Markets SmallCap Dividend Fund WisdomTree Trust | 475,764 | 768K $ | 0.05 % | as of Mar 31, 2026 · Original filing |
| 39 | FRANKLIN MULTIPREV IBOVESPA ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 458,600 | 4M R$ | 0.65 % | as of Apr 30, 2026 · Original filing |
| 40 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 452,361 | 798.1K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 41 | ACE CAPITAL ABSOLUTO MASTER FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 426,800 | 3.8M R$ | 3.94 % | as of Apr 30, 2026 · Original filing |
| 42 | BTG CLAVE ALPHA MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 417,941 | 3.7M R$ | 0.70 % | as of Apr 30, 2026 · Original filing |
| 43 | AC PREV EQUITIES FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 410,273 | 3.6M R$ | 3.24 % | as of Apr 30, 2026 · Original filing |
| 44 | BRASILPREV KINEA SIGMA PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 405,619 | 3.6M R$ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 45 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 403,300 | 3.5M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 46 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 379,949 | 3.3M R$ | 1.09 % | as of Apr 30, 2026 · Original filing |
| 47 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 377,460 | 665.9K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 48 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 372,858 | 3.3M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 49 | SAFRA KEPLER ADVANCED MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 358,880 | 3.2M R$ | 1.85 % | as of Apr 30, 2026 · Original filing |
| 50 | SAFRA KEPLER EQUITY HEDGE FIF CLASSE DE INV EM COTAS MULTIMERCADO RESP LIMITADA | 333,937 | 2.9M R$ | 1.94 % | as of Apr 30, 2026 · Original filing |
| 51 | KINEA URANO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESP LIMITADA | 329,196 | 2.9M R$ | 0.46 % | as of Apr 30, 2026 · Original filing |
| 52 | SAFRA PREV AÇÕES FIF PREVIDENCIÁRIO CLASSE DE INVESTIMENTO EM AÇÕES PREVIDENCIÁRIO RESP LIMITADA | 327,993 | 2.9M R$ | 3.17 % | as of Apr 30, 2026 · Original filing |
| 53 | BTG PACTUAL FOCUS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 317,955 | 2.8M R$ | 0.69 % | as of Apr 30, 2026 · Original filing |
| 54 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 311,753 | 553.4K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 55 | ABSOLUTE VERTEX MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 305,492 | 2.7M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 56 | APEX LONG BIASED II ICATU FIF MULTIMERCADO PREVIDENCIÁRIO FIFE - RESPONSABILIDADE LIMITADA | 303,031 | 2.7M R$ | 3.70 % | as of Apr 30, 2026 · Original filing |
| 57 | SAFRA KEPLER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 301,471 | 2.6M R$ | 1.48 % | as of Apr 30, 2026 · Original filing |
| 58 | SILCAR FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR- RESPONSABILIDADE LIMITADA | 300,000 | 2.6M R$ | 4.09 % | as of Apr 30, 2026 · Original filing |
| 59 | VENTOR HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 274,810 | 2.4M R$ | 0.47 % | as of Apr 30, 2026 · Original filing |
| 60 | PAMPA CICLONE FUNDO DE INVESTIMENTO FINANCEIRO | 242,600 | 2.1M R$ | 9.93 % | as of Apr 30, 2026 · Original filing |
| 61 | KINEA ATLAS II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 236,279 | 2.1M R$ | 0.20 % | as of Apr 30, 2026 · Original filing |
| 62 | BRAM EQUITY HEDGE FI FINANCEIRO - CI MULT - RESP LIMITADA | 230,900 | 2M R$ | 0.99 % | as of Apr 30, 2026 · Original filing |
| 63 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 225,266 | 2M R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 64 | VINLAND MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 221,031 | 1.9M R$ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 65 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 216,184 | 1.9M R$ | 0.41 % | as of Apr 30, 2026 · Original filing |
| 66 | Dimensional World ex. U.S. Core Equity 2 ETF Dimensional ETF Trust | 214,543 | 378.5K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 67 | CAIXA INFRAESTRUTURA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 212,719 | 1.9M R$ | 1.30 % | as of Apr 30, 2026 · Original filing |
| 68 | BTG PACTUAL FUSION FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 212,105 | 1.9M R$ | 1.03 % | as of Apr 30, 2026 · Original filing |
| 69 | APEX MASTER LONG BIASED FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 211,617 | 1.9M R$ | 3.78 % | as of Apr 30, 2026 · Original filing |
| 70 | KINEA CHRONOS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 211,016 | 1.9M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 71 | VanEck Brazil Small-Cap ETF VanEck ETF Trust | 207,390 | 337.5K $ | 1.37 % | as of Mar 31, 2026 · Original filing |
| 72 | SPRINGS EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 207,300 | 1.8M R$ | 0.48 % | as of Apr 30, 2026 · Original filing |
| 73 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 203,100 | 360.5K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 74 | SAFRA LONG BIAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO CI EM AÇÕES RESPONSABILIDADE LIMITADA | 200,000 | 1.8M R$ | 1.01 % | as of Apr 30, 2026 · Original filing |
| 75 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 195,400 | 318K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 76 | ACE CAPITAL W MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 194,836 | 1.7M R$ | 0.51 % | as of Apr 30, 2026 · Original filing |
| 77 | ABSOLUTE PACE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 194,358 | 1.7M R$ | 0.57 % | as of Apr 30, 2026 · Original filing |
| 78 | ACE CAPITAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 191,028 | 1.7M R$ | 0.25 % | as of Apr 30, 2026 · Original filing |
| 79 | SAFRA KEPLER MACRO MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 190,624 | 1.7M R$ | 1.88 % | as of Apr 30, 2026 · Original filing |
| 80 | ACE CAPITAL ACTION MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 184,769 | 1.6M R$ | 0.56 % | as of Apr 30, 2026 · Original filing |
| 81 | SAFRA PREV NEWTON FIF PREVIDENCIÁRIO CI MULTIMERCADO CRÉDITO PRIVADO PREV RESP LIMITADA | 182,914 | 1.6M R$ | 2.40 % | as of Apr 30, 2026 · Original filing |
| 82 | PRIVATE STOCKS FUNDO DE INVESTIMENTO DE AÇÕES RESPONSABILIDADE LIMITADA | 170,000 | 1.5M R$ | 6.20 % | as of Apr 30, 2026 · Original filing |
| 83 | VINLAND MACRO PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 168,817 | 1.5M R$ | 0.52 % | as of Apr 30, 2026 · Original filing |
| 84 | V8 SHELBY MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 166,200 | 1.5M R$ | 2.82 % | as of Apr 30, 2026 · Original filing |
| 85 | Avantis Emerging Markets Equity Fund American Century ETF Trust | 146,400 | 305.9K $ | 0.03 % | as of Feb 28, 2026 · Original filing |
| 86 | SOLANA EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 145,800 | 1.3M R$ | 1.91 % | as of Apr 30, 2026 · Original filing |
| 87 | BTG M2 MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 143,702 | 1.3M R$ | 1.36 % | as of Apr 30, 2026 · Original filing |
| 88 | VISTA MACRO ABSOLUTO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 137,522 | 1.2M R$ | 0.68 % | as of Apr 30, 2026 · Original filing |
| 89 | VENTOR DÓLAR HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 133,861 | 1.2M R$ | 0.49 % | as of Apr 30, 2026 · Original filing |
| 90 | SAFARI MASTER PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO DE RESPONSABILIDADE LIMITADA | 131,800 | 1.2M R$ | 4.24 % | as of Apr 30, 2026 · Original filing |
| 91 | ENCORE FUNDO MÚTUO DE PRIVATIVAÇÃO - FGTS CARTEIRA LIVRE RESPONSABILIDADE LIMITADA | 131,300 | 1.2M R$ | 4.60 % | as of Apr 30, 2026 · Original filing |
| 92 | SBH EMERGING MARKETS FUND Segall Bryant & Hamill Trust | 124,200 | 201.9K $ | 0.22 % | as of Mar 31, 2026 · Original filing |
| 93 | State Street(R) SPDR(R) S&P(R) Emerging Markets Small Cap ETF SPDR INDEX SHARES FUNDS | 121,933 | 196.8K $ | 0.03 % | as of Mar 31, 2026 · Original filing |
| 94 | KINEA APOLO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 118,924 | 1M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 95 | FRANKLIN TEMPLETON FF ÍNDICE ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 117,600 | 1M R$ | 0.66 % | as of Apr 30, 2026 · Original filing |
| 96 | SOLANA LONG AND SHORT FUNDO DE INVESTIMENTO MULTIMERCADO | 117,120 | 1M R$ | 0.43 % | as of Apr 30, 2026 · Original filing |
| 97 | BRADESCO MÁSTER EQUITY HEDGE PREV FIFE FI FINANCEIRO MULT - RESPONSABILIDADE LIMITADA | 115,900 | 1M R$ | 1.01 % | as of Apr 30, 2026 · Original filing |
| 98 | SPRINGS EQUITY HEDGE PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 114,900 | 1M R$ | 0.73 % | as of Apr 30, 2026 · Original filing |
| 99 | SAFRA PREV LONG BIAS MASTER FIF PREVIDENCIÁRIO CLASSE DE INVESTIMENTO EM AÇÕES PREV RESP LIMITADA | 112,145 | 985.8K R$ | 2.39 % | as of Apr 30, 2026 · Original filing |
| 100 | VISTA HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 111,067 | 976.3K R$ | 0.45 % | as of Apr 30, 2026 · Original filing |