| 1 | GQG Partners Emerging Markets Equity Fund ADVISORS' INNER CIRCLE III | 28,824,900 | 225.8M $ | 1.05 % | as of Mar 31, 2026 · Original filing |
| 2 | iShares MSCI Brazil ETF iShares, Inc. | 22,634,026 | 185.9M $ | 1.93 % | as of Feb 28, 2026 · Original filing |
| 3 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 15,437,424 | 131.9M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 4 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 14,818,756 | 126.6M $ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 5 | New World Fund Inc New World Fund Inc | 14,203,829 | 121.4M $ | 0.14 % | as of Apr 30, 2026 · Original filing |
| 6 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 12,925,935 | 106.2M $ | 0.07 % | as of Feb 28, 2026 · Original filing |
| 7 | First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund First Trust Exchange-Traded Fund II | 12,798,257 | 100.7M $ | 1.32 % | as of Mar 31, 2026 · Original filing |
| 8 | Fidelity Emerging Markets Fund Fidelity Investment Trust | 9,117,500 | 77.9M $ | 0.72 % | as of Apr 30, 2026 · Original filing |
| 9 | Fidelity Series Emerging Markets Opportunities Fund Fidelity Investment Trust | 8,651,095 | 73.9M $ | 0.24 % | as of Apr 30, 2026 · Original filing |
| 10 | iShares Global Clean Energy ETF iShares Trust | 8,440,901 | 72.1M $ | 2.88 % | as of Apr 30, 2026 · Original filing |
| 11 | WPA GLOBAL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 7,973,239 | 337.4M R$ | 13.79 % | as of Apr 30, 2026 · Original filing |
| 12 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 5,420,396 | 229.4M R$ | 1.94 % | as of Apr 30, 2026 · Original filing |
| 13 | Hartford Schroders Emerging Markets Equity Fund HARTFORD MUTUAL FUNDS II, INC | 5,385,528 | 46M $ | 0.60 % | as of Apr 30, 2026 · Original filing |
| 14 | Handelsbanken Hållbar Energi Handelsbanken Fonder AB | 4,940,476 | 367.5M SEK | 2.16 % | as of Mar 31, 2026 · Original filing |
| 15 | SQUADRA VE I FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 3,806,337 | 161.1M R$ | 57.29 % | as of Apr 30, 2026 · Original filing |
| 16 | SPX RAPTOR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 3,331,050 | 141M R$ | 2.37 % | as of Apr 30, 2026 · Original filing |
| 17 | PREVI RENDA VARIÁVEL ATIVA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 3,197,800 | 135.3M R$ | 2.95 % | as of Apr 30, 2026 · Original filing |
| 18 | iShares MSCI Emerging Markets ETF iShares, Inc. | 3,074,788 | 25.3M $ | 0.08 % | as of Feb 28, 2026 · Original filing |
| 19 | Strategic Advisers Fidelity Emerging Markets Fund Fidelity Rutland Square Trust II | 3,042,400 | 25M $ | 0.07 % | as of Feb 28, 2026 · Original filing |
| 20 | SPX SUMMIT MACRO LONG SHORT MASTER FIF MULTIMERCADO CRED PRIV RESPONSABILIDADE LIMITADA | 3,024,649 | 128M R$ | 8.44 % | as of Apr 30, 2026 · Original filing |
| 21 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2,844,178 | 24.3M $ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 22 | AP7 Aktiefond Sjunde AP-fonden | 2,843,590 | 211.5M SEK | 0.02 % | as of Mar 31, 2026 · Original filing |
| 23 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 2,701,162 | 114.3M R$ | 0.33 % | as of Apr 30, 2026 · Original filing |
| 24 | Strategic Advisers Emerging Markets Fund Fidelity Rutland Square Trust II | 2,521,577 | 20.7M $ | 0.14 % | as of Feb 28, 2026 · Original filing |
| 25 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 2,449,774 | 20.9M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 26 | iShares MSCI Emerging Markets ex China ETF iShares, Inc. | 2,409,938 | 19.8M $ | 0.11 % | as of Feb 28, 2026 · Original filing |
| 27 | Fidelity Series Global ex U.S. Index Fund Fidelity Salem Street Trust | 2,277,285 | 19.5M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 28 | ITAÚ INFLATION EQUITY OPPORTUNITIES MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 2,028,593 | 85.9M R$ | 9.45 % | as of Apr 30, 2026 · Original filing |
| 29 | OPPORTUNITY TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,995,645 | 84.5M R$ | 3.59 % | as of Apr 30, 2026 · Original filing |
| 30 | Schwab Fundamental Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 1,771,892 | 14.5M $ | 0.15 % | as of Feb 28, 2026 · Original filing |
| 31 | LEGACY CAPITAL ALPHA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,763,612 | 74.6M R$ | 2.90 % | as of Apr 30, 2026 · Original filing |
| 32 | UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 1,701,290 | 72M R$ | 2.39 % | as of Apr 30, 2026 · Original filing |
| 33 | NEO NAVITAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 1,647,327 | 69.7M R$ | 13.78 % | as of Apr 30, 2026 · Original filing |
| 34 | PETROS SELEÇÃO RETORNO REAL FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 1,561,800 | 66.1M R$ | 5.82 % | as of Apr 30, 2026 · Original filing |
| 35 | Storebrand Emerging Markets Plus Storebrand Asset Management AS | 1,551,839 | 115.4M SEK | 0.40 % | as of Mar 31, 2026 · Original filing |
| 36 | iShares Core MSCI Total International Stock ETF iShares Trust | 1,528,888 | 13.1M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 37 | DWS Latin America Equity Fund DEUTSCHE DWS INTERNATIONAL FUND, INC. | 1,510,147 | 12.9M $ | 3.17 % | as of Apr 30, 2026 · Original filing |
| 38 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 1,502,797 | 63.6M R$ | 0.49 % | as of Apr 30, 2026 · Original filing |
| 39 | Fidelity Emerging Markets Index Fund Fidelity Salem Street Trust | 1,431,503 | 12.2M $ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 40 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 1,418,474 | 60M R$ | 1.35 % | as of Apr 30, 2026 · Original filing |
| 41 | SPX NIMITZ MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,198,349 | 50.7M R$ | 1.02 % | as of Apr 30, 2026 · Original filing |
| 42 | Emerging Markets Equity Portfolio NORTHWESTERN MUTUAL SERIES FUND INC | 1,176,160 | 9.3M $ | 0.72 % | as of Mar 31, 2026 · Original filing |
| 43 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 1,170,540 | 9.6M $ | 0.08 % | as of Feb 28, 2026 · Original filing |
| 44 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 1,160,209 | 9.5M $ | 0.04 % | as of Feb 28, 2026 · Original filing |
| 45 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 1,144,644 | 48.4M R$ | 1.10 % | as of Apr 30, 2026 · Original filing |
| 46 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 1,076,100 | 8.4M $ | 1.69 % | as of Mar 31, 2026 · Original filing |
| 47 | JNL/GQG Emerging Markets Equity Fund JNL Series Trust | 1,028,600 | 8.1M $ | 1.10 % | as of Mar 31, 2026 · Original filing |
| 48 | Fidelity Emerging Markets Equity Central Fund Fidelity Central Investment Portfolios LLC | 1,017,094 | 8M $ | 0.26 % | as of Mar 31, 2026 · Original filing |
| 49 | WPA I FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 998,063 | 42.2M R$ | 2.77 % | as of Apr 30, 2026 · Original filing |
| 50 | UBS D FUNDO DE INVESTIMENTO FINANCEIRO - AÇÕES RESPONSABILIDADE LIMITADA | 943,244 | 39.9M R$ | 16.02 % | as of Apr 30, 2026 · Original filing |
| 51 | UBS B FUNDO DE INVESTIMENTO FINANCEIRO - AÇÕES RESPONSABILIDADE LIMITADA | 941,011 | 39.8M R$ | 15.94 % | as of Apr 30, 2026 · Original filing |
| 52 | THE EMERGING MARKETS SERIES DFA INVESTMENT TRUST CO | 934,386 | 8M $ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 53 | Nuveen Emerging Markets Equity Index Fund TIAA-CREF Funds | 934,322 | 8M $ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 54 | State Street(R) SPDR(R) Portfolio Emerging Markets ETF SPDR INDEX SHARES FUNDS | 924,252 | 7.2M $ | 0.05 % | as of Mar 31, 2026 · Original filing |
| 55 | OCEANA EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 912,402 | 38.6M R$ | 7.24 % | as of Apr 30, 2026 · Original filing |
| 56 | SANTA CRISTINA FI FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR - RESPONSABILIDADE LIMITADA | 905,117 | 38.3M R$ | 10.56 % | as of Apr 30, 2026 · Original filing |
| 57 | ITAÚ DUNAMIS MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 880,000 | 37.2M R$ | 2.44 % | as of Apr 30, 2026 · Original filing |
| 58 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 878,981 | 7.5M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 59 | CAIXA VINCI VALOR DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 836,855 | 35.4M R$ | 2.52 % | as of Apr 30, 2026 · Original filing |
| 60 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 829,604 | 7M $ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 61 | LOCAL EXPLORER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 815,158 | 34.5M R$ | 4.27 % | as of Apr 30, 2026 · Original filing |
| 62 | MAR ABSOLUTO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 792,521 | 33.5M R$ | 2.22 % | as of Apr 30, 2026 · Original filing |
| 63 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 784,503 | 6.7M $ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 64 | UBS R FUNDO DE INVESTIMENTO FINANCEIRO - AÇÕES RESPONSABILIDADE LIMITADA | 760,788 | 32.2M R$ | 15.23 % | as of Apr 30, 2026 · Original filing |
| 65 | iShares MSCI Emerging Markets Min Vol Factor ETF iShares, Inc. | 757,776 | 6.2M $ | 0.18 % | as of Feb 28, 2026 · Original filing |
| 66 | CAIXA VINCI VALOR FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 756,304 | 32M R$ | 3.83 % | as of Apr 30, 2026 · Original filing |
| 67 | New World Fund AMERICAN FUNDS INSURANCE SERIES | 754,532 | 5.9M $ | 0.15 % | as of Mar 31, 2026 · Original filing |
| 68 | OCEANA LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 750,338 | 31.8M R$ | 6.41 % | as of Apr 30, 2026 · Original filing |
| 69 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 739,971 | 31.3M R$ | 1.56 % | as of Apr 30, 2026 · Original filing |
| 70 | ITAÚ INFLATION EQUITY OPPORTUNITIES AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 733,588 | 31M R$ | 9.78 % | as of Apr 30, 2026 · Original filing |
| 71 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 728,083 | 5.7M $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 72 | Cohen & Steers Global Infrastructure Fund Inc. COHEN & STEERS GLOBAL INFRASTRUCTURE FUND INC | 715,440 | 5.6M $ | 0.51 % | as of Mar 31, 2026 · Original filing |
| 73 | JGP COMPOUNDERS MASTER FI FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR - RESPONSABILIDADE LIMITADA | 694,544 | 29.4M R$ | 14.18 % | as of Apr 30, 2026 · Original filing |
| 74 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 678,682 | 5.8M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 75 | SHARP LONG SHORT 3 MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 669,842 | 28.3M R$ | 8.09 % | as of Apr 30, 2026 · Original filing |
| 76 | ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 667,011 | 28.2M R$ | 2.05 % | as of Apr 30, 2026 · Original filing |
| 77 | VERDE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 666,096 | 28.2M R$ | 0.48 % | as of Apr 30, 2026 · Original filing |
| 78 | SHARP LONG SHORT 3 MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 637,346 | 27M R$ | 7.99 % | as of Apr 30, 2026 · Original filing |
| 79 | POLO TOTAL RETURN CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 637,209 | 27M R$ | 5.62 % | as of Apr 30, 2026 · Original filing |
| 80 | TRUXT RETORNO REAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 631,723 | 26.7M R$ | 12.15 % | as of Apr 30, 2026 · Original filing |
| 81 | Capital Group New Geography Equity ETF Capital Group New Geography Equity ETF | 611,674 | 5M $ | 0.28 % | as of Feb 28, 2026 · Original filing |
| 82 | Fidelity Global ex U.S. Index Fund Fidelity Salem Street Trust | 610,862 | 5.2M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 83 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 605,247 | 25.6M R$ | 0.74 % | as of Apr 30, 2026 · Original filing |
| 84 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 590,842 | 25M R$ | 1.99 % | as of Apr 30, 2026 · Original filing |
| 85 | Victory International Fund Victory Portfolios III | 573,700 | 4.7M $ | 0.18 % | as of Feb 28, 2026 · Original filing |
| 86 | DOM BOSCO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES - RESPONSABILIDADE LIMITADA | 567,004 | 24M R$ | 4.46 % | as of Apr 30, 2026 · Original filing |
| 87 | FIF - CLASSE DE INVESTIMENTO EM AÇÕES VIVEST IBOVESPA ATIVO RESP LIMITADA | 562,400 | 23.8M R$ | 2.42 % | as of Apr 30, 2026 · Original filing |
| 88 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 557,612 | 23.6M R$ | 1.58 % | as of Apr 30, 2026 · Original filing |
| 89 | ICATU VANGUARDA IGARATÉ LONG BIASED FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 548,879 | 23.2M R$ | 3.86 % | as of Apr 30, 2026 · Original filing |
| 90 | MAMORÉ FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 539,996 | 22.9M R$ | 4.05 % | as of Apr 30, 2026 · Original filing |
| 91 | IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 525,461 | 22.2M R$ | 1.14 % | as of Apr 30, 2026 · Original filing |
| 92 | LGCY FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 521,772 | 22.1M R$ | 15.56 % | as of Apr 30, 2026 · Original filing |
| 93 | Fidelity SAI Emerging Markets Index Fund Fidelity Salem Street Trust | 515,516 | 4.4M $ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 94 | RYO LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 473,493 | 20M R$ | 8.39 % | as of Apr 30, 2026 · Original filing |
| 95 | Victory Emerging Markets Fund Victory Portfolios III | 465,700 | 3.8M $ | 0.51 % | as of Feb 28, 2026 · Original filing |
| 96 | PARCITAS HEDGE MASTER FIF MULTIMERCADO - RESPONSABILIDADE LIMITADA | 464,600 | 19.7M R$ | 2.38 % | as of Apr 30, 2026 · Original filing |
| 97 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 450,183 | 19.1M R$ | 1.11 % | as of Apr 30, 2026 · Original filing |
| 98 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 446,171 | 18.9M R$ | 0.36 % | as of Apr 30, 2026 · Original filing |
| 99 | iShares MSCI ACWI ETF iShares Trust | 437,812 | 3.7M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 100 | ITAÚ IBRX ATIVO MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 433,456 | 18.3M R$ | 2.34 % | as of Apr 30, 2026 · Original filing |