| 1 | KAPITALO ZETA MERIDIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 4,699,836 | 75.6M R$ | 1.64 % | as of Apr 30, 2026 · Original filing |
| 2 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 4,581,141 | 14.1M $ | 0.01 % | as of Mar 31, 2026 · Original filing |
| 3 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 4,072,243 | 13.4M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 4 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 3,677,443 | 11.9M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 5 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 3,336,190 | 10.8M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 6 | Nuveen Quant International Small Cap Equity Fund TIAA-CREF Funds | 2,139,345 | 6.9M $ | 0.45 % | as of Apr 30, 2026 · Original filing |
| 7 | CAUSEWAY EMERGING MARKETS FUND CAUSEWAY CAPITAL MANAGEMENT TRUST | 2,090,500 | 6.4M $ | 0.20 % | as of Mar 31, 2026 · Original filing |
| 8 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 1,462,613 | 4.7M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 9 | GUEPARDO PREVIDÊNCIA FIFE FUNDO DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,453,460 | 23.4M R$ | 7.83 % | as of Apr 30, 2026 · Original filing |
| 10 | WisdomTree Emerging Markets High Dividend Fund WisdomTree Trust | 1,405,126 | 4.3M $ | 0.12 % | as of Mar 31, 2026 · Original filing |
| 11 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 1,354,998 | 4.4M $ | 1.22 % | as of Feb 28, 2026 · Original filing |
| 12 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 1,321,931 | 21.3M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 13 | SET FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,053,000 | 16.9M R$ | 5.31 % | as of Apr 30, 2026 · Original filing |
| 14 | JPMorgan International Value ETF J.P. Morgan Exchange-Traded Fund Trust | 1,029,434 | 3.4M $ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 15 | VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 931,138 | 3M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 16 | DOM BOSCO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES - RESPONSABILIDADE LIMITADA | 822,330 | 13.2M R$ | 2.46 % | as of Apr 30, 2026 · Original filing |
| 17 | International Small Cap Portfolio Bernstein Fund Inc | 815,500 | 2.5M $ | 0.21 % | as of Mar 31, 2026 · Original filing |
| 18 | PARKIA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 767,800 | 12.3M R$ | 3.72 % | as of Apr 30, 2026 · Original filing |
| 19 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 689,500 | 11.1M R$ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 20 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 688,158 | 11.1M R$ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 21 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 560,030 | 1.8M $ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 22 | Strategic Advisers Emerging Markets Fund Fidelity Rutland Square Trust II | 530,300 | 1.7M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 23 | IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 517,738 | 8.3M R$ | 0.43 % | as of Apr 30, 2026 · Original filing |
| 24 | iShares Core MSCI Total International Stock ETF iShares Trust | 474,920 | 1.5M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 25 | KINEA PREV APOLO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 463,460 | 7.5M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 26 | BTG CLAVE ALPHA MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 435,536 | 7M R$ | 1.34 % | as of Apr 30, 2026 · Original filing |
| 27 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 432,114 | 6.9M R$ | 0.20 % | as of Apr 30, 2026 · Original filing |
| 28 | BRASILPREV KINEA SIGMA PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 360,947 | 5.8M R$ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 29 | BTG PACTUAL FOCUS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 355,291 | 5.7M R$ | 1.42 % | as of Apr 30, 2026 · Original filing |
| 30 | ABSOLUTE VERTEX MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 350,166 | 5.6M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 31 | GUEPARDO LONG BIAS RV FUNDO DE INVESTIMENTO MULTIMERCADO | 330,919 | 5.3M R$ | 5.93 % | as of Apr 30, 2026 · Original filing |
| 32 | WisdomTree Emerging Markets SmallCap Dividend Fund WisdomTree Trust | 325,049 | 991.6K $ | 0.06 % | as of Mar 31, 2026 · Original filing |
| 33 | CAIXA DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 317,200 | 5.1M R$ | 1.39 % | as of Apr 30, 2026 · Original filing |
| 34 | TRUXT LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 309,882 | 5M R$ | 0.92 % | as of Apr 30, 2026 · Original filing |
| 35 | SPEEDWAY LONG SHORT MASTER FUNDO DE INVESTIMENTO MULTIMERCADO | 301,400 | 4.8M R$ | 1.27 % | as of Apr 30, 2026 · Original filing |
| 36 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 299,992 | 968.2K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 37 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 284,578 | 4.6M R$ | 0.98 % | as of Apr 30, 2026 · Original filing |
| 38 | ITAÚ AÇÕES DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 278,300 | 4.5M R$ | 1.84 % | as of Apr 30, 2026 · Original filing |
| 39 | abrdn International Small Cap Active ETF abrdn Funds | 257,957 | 837.7K $ | 0.99 % | as of Apr 30, 2026 · Original filing |
| 40 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 245,555 | 3.9M R$ | 1.29 % | as of Apr 30, 2026 · Original filing |
| 41 | ITAÚ FLEXPREV DIVIDENDOS INDEXADO FIF AÇÕES - RESP LIMITADA | 243,000 | 3.9M R$ | 1.55 % | as of Apr 30, 2026 · Original filing |
| 42 | KINEA URANO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESP LIMITADA | 227,956 | 3.7M R$ | 0.59 % | as of Apr 30, 2026 · Original filing |
| 43 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 220,636 | 716.5K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 44 | SPRINGS EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 213,900 | 3.4M R$ | 0.91 % | as of Apr 30, 2026 · Original filing |
| 45 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 211,735 | 3.4M R$ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 46 | KINEA ATLAS II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 202,284 | 3.3M R$ | 0.32 % | as of Apr 30, 2026 · Original filing |
| 47 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 199,032 | 3.2M R$ | 0.21 % | as of Apr 30, 2026 · Original filing |
| 48 | VanEck Brazil Small-Cap ETF VanEck ETF Trust | 190,737 | 586.6K $ | 2.39 % | as of Mar 31, 2026 · Original filing |
| 49 | ABSOLUTE PACE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 190,623 | 3.1M R$ | 1.02 % | as of Apr 30, 2026 · Original filing |
| 50 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 186,195 | 604.6K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 51 | NEO VITALE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 185,385 | 3M R$ | 0.51 % | as of Apr 30, 2026 · Original filing |
| 52 | KINEA CHRONOS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 180,852 | 2.9M R$ | 0.21 % | as of Apr 30, 2026 · Original filing |
| 53 | Dimensional World ex. U.S. Core Equity 2 ETF Dimensional ETF Trust | 167,873 | 541.8K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 54 | GIANT DAO MULTIFACTOR LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 162,400 | 2.6M R$ | 2.33 % | as of Apr 30, 2026 · Original filing |
| 55 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 161,368 | 2.6M R$ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 56 | SEB Emerging Marketsfond SEB Funds AB | 160,078 | 4.7M SEK | 0.05 % | as of Mar 31, 2026 · Original filing |
| 57 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 157,416 | 508K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 58 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 150,390 | 2.4M R$ | 0.25 % | as of Apr 30, 2026 · Original filing |
| 59 | BTG M2 MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 148,288 | 2.4M R$ | 2.56 % | as of Apr 30, 2026 · Original filing |
| 60 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 146,700 | 2.4M R$ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 61 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 144,929 | 2.3M R$ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 62 | MOAT CAPITAL EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 140,200 | 2.3M R$ | 1.50 % | as of Apr 30, 2026 · Original filing |
| 63 | BTG PACTUAL FUSION FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 139,600 | 2.2M R$ | 1.24 % | as of Apr 30, 2026 · Original filing |
| 64 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 135,555 | 2.2M R$ | 0.25 % | as of Apr 30, 2026 · Original filing |
| 65 | SA JPMorgan Emerging Markets Portfolio SUNAMERICA SERIES TRUST | 134,216 | 435.8K $ | 0.19 % | as of Apr 30, 2026 · Original filing |
| 66 | SEB Dynamisk Aktiefond SEB Funds AB | 127,929 | 3.7M SEK | 0.02 % | as of Mar 31, 2026 · Original filing |
| 67 | NEO PROVECTUS II FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 126,979 | 2M R$ | 0.59 % | as of Apr 30, 2026 · Original filing |
| 68 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 120,836 | 1.9M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 69 | NORTE LONG BIAS MASTER CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 120,500 | 1.9M R$ | 0.95 % | as of Apr 30, 2026 · Original filing |
| 70 | SPRINGS EQUITY HEDGE PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 118,300 | 1.9M R$ | 1.37 % | as of Apr 30, 2026 · Original filing |
| 71 | State Street(R) SPDR(R) S&P(R) Emerging Markets Small Cap ETF SPDR INDEX SHARES FUNDS | 117,539 | 358.6K $ | 0.05 % | as of Mar 31, 2026 · Original filing |
| 72 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 116,710 | 1.9M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 73 | BTG PACTUAL E3 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 106,865 | 1.7M R$ | 0.24 % | as of Apr 30, 2026 · Original filing |
| 74 | SEB Världenfond SEB Funds AB | 106,497 | 3.1M SEK | 0.01 % | as of Mar 31, 2026 · Original filing |
| 75 | CAUSEWAY INTERNATIONAL OPPORTUNITIES FUND CAUSEWAY CAPITAL MANAGEMENT TRUST | 104,600 | 322.5K $ | 0.08 % | as of Mar 31, 2026 · Original filing |
| 76 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 104,519 | 1.7M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 77 | APEX LONG BIASED II ICATU FIF MULTIMERCADO PREVIDENCIÁRIO FIFE - RESPONSABILIDADE LIMITADA | 102,360 | 1.6M R$ | 2.29 % | as of Apr 30, 2026 · Original filing |
| 78 | KINEA APOLO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 101,664 | 1.6M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 79 | SANTANDER PREV PB RRG MULTIMERCADO CRÉDITO PRIVADO - FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 101,400 | 1.6M R$ | 3.16 % | as of Apr 30, 2026 · Original filing |
| 80 | BRAM H PASSIVO IBRX FI FINANCEIRO - CIA - RESP LIMITADA | 100,364 | 1.6M R$ | 0.25 % | as of Apr 30, 2026 · Original filing |
| 81 | EAGLE MASTER FUNDO DE INVESTIMENTO EM AÇÕES | 100,000 | 1.6M R$ | 0.69 % | as of Apr 30, 2026 · Original filing |
| 82 | Emerging Markets Social Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 99,053 | 321.7K $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 83 | BRADESCO H DIVIDENDOS FI FINANCEIRO - CIA - RESP LIMITADA | 98,961 | 1.6M R$ | 1.55 % | as of Apr 30, 2026 · Original filing |
| 84 | FUNEPP FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESPONSABILIDADE LIMITADA | 97,327 | 1.6M R$ | 1.57 % | as of Apr 30, 2026 · Original filing |
| 85 | V8 SHELBY MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 92,800 | 1.5M R$ | 2.88 % | as of Apr 30, 2026 · Original filing |
| 86 | BB TOP AÇÕES IBOVESPA INDEXADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 88,939 | 1.4M R$ | 0.21 % | as of Apr 30, 2026 · Original filing |
| 87 | OCCAM RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 87,735 | 1.4M R$ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 88 | MULTIPREV FIF EM AÇÕES RESPONSABILIDADE LIMITADA | 86,461 | 1.4M R$ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 89 | ABS TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 85,652 | 1.4M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 90 | TRUXT LONG SHORT PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 85,435 | 1.4M R$ | 1.38 % | as of Apr 30, 2026 · Original filing |
| 91 | NORTE LONG BIAS MASTER CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 85,300 | 1.4M R$ | 0.96 % | as of Apr 30, 2026 · Original filing |
| 92 | SEVEN POUNDS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 85,300 | 1.4M R$ | 3.31 % | as of Apr 30, 2026 · Original filing |
| 93 | Parametric Tax-Managed Emerging Markets Fund Eaton Vance Series Trust II | 83,895 | 258K $ | 0.05 % | as of Mar 31, 2026 · Original filing |
| 94 | GUEPARDO ITAÚ PREVIDÊNCIA FIFE FUNDO DE INVESTIMENTO FINANCEIRO MULT RESP LIMITADA | 83,756 | 1.3M R$ | 7.83 % | as of Apr 30, 2026 · Original filing |
| 95 | KINEA ATLAS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 82,586 | 1.3M R$ | 0.32 % | as of Apr 30, 2026 · Original filing |
| 96 | JPMorgan ActiveBuilders Emerging Markets Equity ETF J.P. Morgan Exchange-Traded Fund Trust | 82,218 | 268.3K $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 97 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 81,678 | 1.3M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 98 | KINEA PREV ATLAS FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 81,574 | 1.3M R$ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 99 | BRADESCO MÁSTER IBOVESPA FI FINANCEIRO - CIA - RESP LIMITADA | 80,970 | 1.3M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 100 | SEB Stiftelsefond Utland SEB Funds AB | 79,785 | 2.3M SEK | 0.09 % | as of Mar 31, 2026 · Original filing |