| 1 | Baron Emerging Markets Fund BARON SELECT FUNDS | 9,515,691 | 30.7M $ | 0.89 % | as of Mar 31, 2026 · Original filing |
| 2 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 6,611,637 | 20.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 3 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 6,118,138 | 18.6M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 4 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 4,494,620 | 16.1M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 5 | Virtus KAR Emerging Markets Small-Cap Fund Virtus Opportunities Trust | 4,092,778 | 13.1M $ | 3.89 % | as of Mar 31, 2026 · Original filing |
| 6 | JAGUAR FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 3,715,933 | 56M R$ | 6.15 % | as of Apr 30, 2026 · Original filing |
| 7 | JNL Multi-Manager Emerging Markets Equity Fund JNL Series Trust | 2,715,240 | 8.7M $ | 0.63 % | as of Mar 31, 2026 · Original filing |
| 8 | Artisan Sustainable Emerging Markets Fund Artisan Partners Funds Inc. | 2,696,552 | 8.6M $ | 1.65 % | as of Mar 31, 2026 · Original filing |
| 9 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 2,477,280 | 8.9M $ | 2.44 % | as of Feb 28, 2026 · Original filing |
| 10 | NEO NAVITAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 2,457,382 | 37.1M R$ | 7.32 % | as of Apr 30, 2026 · Original filing |
| 11 | ABS TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,387,897 | 36M R$ | 1.74 % | as of Apr 30, 2026 · Original filing |
| 12 | NEO FUTURE MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 2,380,268 | 35.9M R$ | 14.55 % | as of Apr 30, 2026 · Original filing |
| 13 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,955,495 | 29.5M R$ | 1.10 % | as of Apr 30, 2026 · Original filing |
| 14 | SHARP LONG SHORT 3 MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,650,168 | 24.9M R$ | 7.10 % | as of Apr 30, 2026 · Original filing |
| 15 | SHARP LONG SHORT 3 MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,588,166 | 23.9M R$ | 7.10 % | as of Apr 30, 2026 · Original filing |
| 16 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 1,201,247 | 3.7M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 17 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,189,433 | 17.9M R$ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 18 | VISTA MULTIESTRATEGIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,127,361 | 17M R$ | 2.91 % | as of Apr 30, 2026 · Original filing |
| 19 | SHARP ESTRATEGIA STB FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,011,536 | 15.3M R$ | 7.10 % | as of Apr 30, 2026 · Original filing |
| 20 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,004,784 | 3.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 21 | OCEANA EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 959,603 | 14.5M R$ | 2.71 % | as of Apr 30, 2026 · Original filing |
| 22 | ABSOLUTE VERTEX MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 864,978 | 13M R$ | 0.14 % | as of Apr 30, 2026 · Original filing |
| 23 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 853,926 | 2.6M $ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 24 | OCEANA LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 814,196 | 12.3M R$ | 2.48 % | as of Apr 30, 2026 · Original filing |
| 25 | iShares Core MSCI Total International Stock ETF iShares Trust | 778,488 | 2.4M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 26 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 587,872 | 2.1M $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 27 | Destinations International Equity Fund Brinker Capital Destinations Trust | 544,631 | 2M $ | 0.09 % | as of Feb 28, 2026 · Original filing |
| 28 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 510,001 | 7.7M R$ | 1.65 % | as of Apr 30, 2026 · Original filing |
| 29 | ABSOLUTE PACE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 506,899 | 7.6M R$ | 2.54 % | as of Apr 30, 2026 · Original filing |
| 30 | KINEA PREV APOLO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 471,667 | 7.1M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 31 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 443,100 | 1.4M $ | 0.29 % | as of Mar 31, 2026 · Original filing |
| 32 | GALT MASTER I FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 435,689 | 6.6M R$ | 8.65 % | as of Apr 30, 2026 · Original filing |
| 33 | SCC FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 432,134 | 6.5M R$ | 7.10 % | as of Apr 30, 2026 · Original filing |
| 34 | ONYX LATAM EQUITY FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 428,996 | 6.5M R$ | 5.26 % | as of Apr 30, 2026 · Original filing |
| 35 | BLACK PIN FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 411,142 | 6.2M R$ | 22.31 % | as of Apr 30, 2026 · Original filing |
| 36 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 405,269 | 6.1M R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 37 | SHARP EQUITY VALUE PREVIDÊNCIA MASTER FI FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 384,565 | 5.8M R$ | 10.95 % | as of Apr 30, 2026 · Original filing |
| 38 | LASAW FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 374,373 | 5.6M R$ | 13.48 % | as of Apr 30, 2026 · Original filing |
| 39 | First Trust Emerging Markets Small Cap AlphaDEX Fund First Trust Exchange-Traded AlphaDEX Fund II | 372,175 | 1.2M $ | 0.48 % | as of Mar 31, 2026 · Original filing |
| 40 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 359,235 | 1.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 41 | UV CEREJEIRA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 359,200 | 5.4M R$ | 9.16 % | as of Apr 30, 2026 · Original filing |
| 42 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 349,822 | 1.1M $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 43 | BRASILPREV KINEA SIGMA PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 339,849 | 5.1M R$ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 44 | OCEANA INDIAN FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 338,116 | 5.1M R$ | 4.70 % | as of Apr 30, 2026 · Original filing |
| 45 | CLIQUE MASTER RENDA FIXA FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO RESP LTDA | 333,665 | 5M R$ | 0.54 % | as of Apr 30, 2026 · Original filing |
| 46 | SPX LONG BIAS PREVIDENCIÁRIO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULT RESP LIMITADA | 331,439 | 5M R$ | 1.11 % | as of Apr 30, 2026 · Original filing |
| 47 | GALT SEQUOIA FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 324,746 | 4.9M R$ | 12.10 % | as of Apr 30, 2026 · Original filing |
| 48 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 319,171 | 972K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 49 | SPEEDWAY LONG SHORT MASTER FUNDO DE INVESTIMENTO MULTIMERCADO | 296,900 | 4.5M R$ | 1.18 % | as of Apr 30, 2026 · Original filing |
| 50 | ELO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES | 294,629 | 4.4M R$ | 1.78 % | as of Apr 30, 2026 · Original filing |
| 51 | IP FIFE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 279,466 | 4.2M R$ | 3.61 % | as of Apr 30, 2026 · Original filing |
| 52 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 273,030 | 4.1M R$ | 1.35 % | as of Apr 30, 2026 · Original filing |
| 53 | OCEANA LONG BIASED B PREVIDÊNCIA FI FINANCEIRO - CI MULT - RESP LIMITADA | 262,847 | 4M R$ | 2.51 % | as of Apr 30, 2026 · Original filing |
| 54 | RYO LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 254,130 | 3.8M R$ | 1.60 % | as of Apr 30, 2026 · Original filing |
| 55 | VISTA MACRO ABSOLUTO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 253,829 | 3.8M R$ | 2.16 % | as of Apr 30, 2026 · Original filing |
| 56 | KINEA ATLAS II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 235,058 | 3.5M R$ | 0.35 % | as of Apr 30, 2026 · Original filing |
| 57 | SHARP EQUITY VALUE PREVIDÊNCIA MASTER II FI FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 225,883 | 3.4M R$ | 10.95 % | as of Apr 30, 2026 · Original filing |
| 58 | SPX LONG BIAS PREVIDENCIÁRIO MASTER 2 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 223,547 | 3.4M R$ | 1.09 % | as of Apr 30, 2026 · Original filing |
| 59 | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund WisdomTree Trust | 223,269 | 714K $ | 0.04 % | as of Mar 31, 2026 · Original filing |
| 60 | OCEANA SELECTION PREV MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 216,862 | 3.3M R$ | 4.15 % | as of Apr 30, 2026 · Original filing |
| 61 | UBS SILVER RV FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 215,386 | 3.2M R$ | 4.75 % | as of Apr 30, 2026 · Original filing |
| 62 | LASCC FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 215,056 | 3.2M R$ | 7.15 % | as of Apr 30, 2026 · Original filing |
| 63 | SULAMERICA MIX 49 I FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO DE RESPONSABILIDADE LIMITADA | 205,580 | 3.1M R$ | 3.11 % | as of Apr 30, 2026 · Original filing |
| 64 | VISTA HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 205,131 | 3.1M R$ | 1.42 % | as of Apr 30, 2026 · Original filing |
| 65 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 201,765 | 610.7K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 66 | HIX PREV II MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 200,098 | 3M R$ | 5.30 % | as of Apr 30, 2026 · Original filing |
| 67 | QUARTZ FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 194,153 | 2.9M R$ | 9.78 % | as of Apr 30, 2026 · Original filing |
| 68 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 192,183 | 2.9M R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 69 | ABS BOLD MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 189,424 | 2.9M R$ | 0.21 % | as of Apr 30, 2026 · Original filing |
| 70 | KINEA URANO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESP LIMITADA | 188,699 | 2.8M R$ | 0.45 % | as of Apr 30, 2026 · Original filing |
| 71 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 188,041 | 2.8M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 72 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 187,605 | 567.8K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 73 | KINEA CHRONOS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 185,307 | 2.8M R$ | 0.20 % | as of Apr 30, 2026 · Original filing |
| 74 | RIZA TAVROS LONG BIAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 176,700 | 2.7M R$ | 3.86 % | as of Apr 30, 2026 · Original filing |
| 75 | KINITRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 176,587 | 2.7M R$ | 0.69 % | as of Apr 30, 2026 · Original filing |
| 76 | OCEANA LONG BIASED PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 174,121 | 2.6M R$ | 2.88 % | as of Apr 30, 2026 · Original filing |
| 77 | BTG CLAVE ALPHA MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 165,509 | 2.5M R$ | 0.48 % | as of Apr 30, 2026 · Original filing |
| 78 | VINLAND MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 159,722 | 2.4M R$ | 0.33 % | as of Apr 30, 2026 · Original filing |
| 79 | SPX FALCON INSTITUCIONAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 158,478 | 2.4M R$ | 1.07 % | as of Apr 30, 2026 · Original filing |
| 80 | SULAMERICA MIX 40 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO DE RESPONSABILIDADE LIMITADA | 156,770 | 2.4M R$ | 2.56 % | as of Apr 30, 2026 · Original filing |
| 81 | ITAÚ ABSOLUTE VERTEX PREV FIFE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 150,882 | 2.3M R$ | 0.14 % | as of Apr 30, 2026 · Original filing |
| 82 | GERDAU PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES 04 RESPONSABILIDADE LIMITADA | 148,513 | 2.2M R$ | 2.83 % | as of Apr 30, 2026 · Original filing |
| 83 | SHARP LONG SHORT 3A FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 142,787 | 2.2M R$ | 7.10 % | as of Apr 30, 2026 · Original filing |
| 84 | DAHLIA EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 138,400 | 2.1M R$ | 0.94 % | as of Apr 30, 2026 · Original filing |
| 85 | BTG PACTUAL REFERENCE ABSOLUTO MODERADO FUNDO MÚTUO DE PRIVATIZAÇÃO - FGTS CARTEIRA LIVRE | 133,706 | 2M R$ | 1.77 % | as of Apr 30, 2026 · Original filing |
| 86 | ABSOLUTE BRASILPREV FIFE PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 132,976 | 2M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 87 | BTG PACTUAL FOCUS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 126,136 | 1.9M R$ | 0.47 % | as of Apr 30, 2026 · Original filing |
| 88 | iShares MSCI Emerging Markets Small-Cap ETF iShares, Inc. | 124,474 | 447K $ | 0.10 % | as of Feb 28, 2026 · Original filing |
| 89 | VINLAND MACRO PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 120,116 | 1.8M R$ | 0.64 % | as of Apr 30, 2026 · Original filing |
| 90 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 119,119 | 1.8M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 91 | Dimensional World ex. U.S. Core Equity 2 ETF Dimensional ETF Trust | 113,027 | 342.1K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 92 | State Street Global All Cap Equity ex-U.S. Index Portfolio STATE STREET INSTITUTIONAL INVESTMENT TRUST | 110,184 | 352.4K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 93 | SOLANA LONG AND SHORT FUNDO DE INVESTIMENTO MULTIMERCADO | 108,980 | 1.6M R$ | 0.69 % | as of Apr 30, 2026 · Original filing |
| 94 | HIX PREV 100 MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 106,604 | 1.6M R$ | 5.85 % | as of Apr 30, 2026 · Original filing |
| 95 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 105,867 | 1.6M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 96 | KINEA APOLO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 103,787 | 1.6M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 97 | OCEANA LONG BIASED ADVISORY PREV MASTER FI FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 102,525 | 1.5M R$ | 2.62 % | as of Apr 30, 2026 · Original filing |
| 98 | JPMorgan Diversified Return Emerging Markets Equity ETF J.P. Morgan Exchange-Traded Fund Trust | 102,395 | 310.8K $ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 99 | V8 SHELBY MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 99,000 | 1.5M R$ | 2.88 % | as of Apr 30, 2026 · Original filing |
| 100 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 97,857 | 1.5M R$ | 0.17 % | as of Apr 30, 2026 · Original filing |