| 1 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 60,433,419 | 551.5M $ | 0.37 % | as of Feb 28, 2026 · Original filing |
| 2 | Capital World Growth & Income Fund Capital World Growth & Income Fund | 55,096,467 | 502.8M $ | 0.34 % | as of Feb 28, 2026 · Original filing |
| 3 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 30,220,425 | 1.3B R$ | 10.06 % | as of Apr 30, 2026 · Original filing |
| 4 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 28,466,486 | 238.9M $ | 0.19 % | as of Mar 31, 2026 · Original filing |
| 5 | EUPAC Fund EUPAC Fund | 27,855,809 | 233.8M $ | 0.18 % | as of Mar 31, 2026 · Original filing |
| 6 | iShares MSCI Emerging Markets ETF iShares, Inc. | 14,214,247 | 129.7M $ | 0.43 % | as of Feb 28, 2026 · Original filing |
| 7 | Fidelity Advisor Focused Emerging Markets Fund Fidelity Advisor Series VIII | 13,934,731 | 121.5M $ | 0.97 % | as of Apr 30, 2026 · Original filing |
| 8 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 12,984,332 | 560.8M R$ | 4.75 % | as of Apr 30, 2026 · Original filing |
| 9 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 12,898,835 | 557.1M R$ | 1.59 % | as of Apr 30, 2026 · Original filing |
| 10 | AP7 Aktiefond Sjunde AP-fonden | 12,627,496 | 1B SEK | 0.07 % | as of Mar 31, 2026 · Original filing |
| 11 | College Retirement Equities Fund - Global Equities Account College Retirement Equities Fund | 12,077,004 | 101.4M $ | 0.30 % | as of Mar 31, 2026 · Original filing |
| 12 | iShares MSCI Emerging Markets ex China ETF iShares, Inc. | 11,138,111 | 101.6M $ | 0.56 % | as of Feb 28, 2026 · Original filing |
| 13 | Strategic Advisers Fidelity Emerging Markets Fund Fidelity Rutland Square Trust II | 10,537,031 | 96.2M $ | 0.27 % | as of Feb 28, 2026 · Original filing |
| 14 | Fidelity Series Global ex U.S. Index Fund Fidelity Salem Street Trust | 10,259,843 | 89.5M $ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 15 | PREVI RENDA VARIÁVEL ATIVA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 9,401,420 | 406M R$ | 8.86 % | as of Apr 30, 2026 · Original filing |
| 16 | Nuveen International Equity Fund TIAA-CREF Funds | 7,270,009 | 63.4M $ | 1.15 % | as of Apr 30, 2026 · Original filing |
| 17 | iShares Core MSCI Total International Stock ETF iShares Trust | 7,063,632 | 61.6M $ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 18 | ITAÚ UNIBANCO AÇÕES MASTER FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 7,016,125 | 303M R$ | 99.06 % | as of Apr 30, 2026 · Original filing |
| 19 | Fidelity Emerging Markets Index Fund Fidelity Salem Street Trust | 6,480,370 | 56.5M $ | 0.39 % | as of Apr 30, 2026 · Original filing |
| 20 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 6,437,883 | 278.1M R$ | 6.27 % | as of Apr 30, 2026 · Original filing |
| 21 | International Fund AMERICAN FUNDS INSURANCE SERIES | 6,318,734 | 53M $ | 0.74 % | as of Mar 31, 2026 · Original filing |
| 22 | KAPITALO ZETA MERIDIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 5,986,859 | 258.6M R$ | 5.60 % | as of Apr 30, 2026 · Original filing |
| 23 | Handelsbanken Tillväxtmarknad Tema Handelsbanken Fonder AB | 5,513,818 | 437.4M SEK | 2.10 % | as of Mar 31, 2026 · Original filing |
| 24 | New World Fund Inc New World Fund Inc | 5,081,256 | 44.3M $ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 25 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 4,801,037 | 207.4M R$ | 7.73 % | as of Apr 30, 2026 · Original filing |
| 26 | Nuveen International Opportunities Fund TIAA-CREF Funds | 4,243,178 | 37M $ | 1.31 % | as of Apr 30, 2026 · Original filing |
| 27 | Nuveen Emerging Markets Equity Index Fund TIAA-CREF Funds | 4,225,978 | 36.9M $ | 0.39 % | as of Apr 30, 2026 · Original filing |
| 28 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 4,198,184 | 181.3M R$ | 5.26 % | as of Apr 30, 2026 · Original filing |
| 29 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 3,971,166 | 171.5M R$ | 3.90 % | as of Apr 30, 2026 · Original filing |
| 30 | CAIXA VINCI VALOR DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 3,844,018 | 166M R$ | 11.81 % | as of Apr 30, 2026 · Original filing |
| 31 | WPA GLOBAL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 3,843,549 | 166M R$ | 6.78 % | as of Apr 30, 2026 · Original filing |
| 32 | UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 3,713,897 | 160.4M R$ | 5.33 % | as of Apr 30, 2026 · Original filing |
| 33 | Nuveen Emerging Markets Equity Fund TIAA-CREF Funds | 3,607,166 | 31.5M $ | 1.68 % | as of Apr 30, 2026 · Original filing |
| 34 | ARTESANAL D+2 FUNDO DE INVESTIMENTO MULTIMERCADO | 3,392,290 | 146.5M R$ | 5.32 % | as of Apr 30, 2026 · Original filing |
| 35 | Strategic Advisers Emerging Markets Fund Fidelity Rutland Square Trust II | 3,334,237 | 30.4M $ | 0.20 % | as of Feb 28, 2026 · Original filing |
| 36 | ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 3,073,854 | 132.8M R$ | 9.64 % | as of Apr 30, 2026 · Original filing |
| 37 | PETROS SELEÇÃO RETORNO REAL FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 3,059,065 | 132.1M R$ | 11.64 % | as of Apr 30, 2026 · Original filing |
| 38 | Fidelity Series Emerging Markets Fund Fidelity Investment Trust | 3,019,933 | 26.3M $ | 0.34 % | as of Apr 30, 2026 · Original filing |
| 39 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 2,932,020 | 25.6M $ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 40 | Fidelity Global ex U.S. Index Fund Fidelity Salem Street Trust | 2,746,647 | 24M $ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 41 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 2,391,398 | 103.3M R$ | 8.23 % | as of Apr 30, 2026 · Original filing |
| 42 | Fidelity SAI Emerging Markets Index Fund Fidelity Salem Street Trust | 2,326,070 | 20.3M $ | 0.39 % | as of Apr 30, 2026 · Original filing |
| 43 | Storebrand Emerging Markets Plus Storebrand Asset Management AS | 2,325,859 | 184.5M SEK | 0.64 % | as of Mar 31, 2026 · Original filing |
| 44 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 2,260,861 | 97.6M R$ | 6.53 % | as of Apr 30, 2026 · Original filing |
| 45 | CAIXA VINCI VALOR FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 2,200,072 | 95M R$ | 11.37 % | as of Apr 30, 2026 · Original filing |
| 46 | AZ QUEST LOW VOL FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 2,157,365 | 93.2M R$ | 3.31 % | as of Apr 30, 2026 · Original filing |
| 47 | Handelsbanken Latinamerika Impact Tema Handelsbanken Fonder AB | 2,131,900 | 169.1M SEK | 6.48 % | as of Mar 31, 2026 · Original filing |
| 48 | VIP Emerging Markets Portfolio Variable Insurance Products Fund II | 2,074,517 | 17.4M $ | 1.18 % | as of Mar 31, 2026 · Original filing |
| 49 | ITAÚ HUNTER TOTAL RETURN MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 2,073,818 | 89.6M R$ | 8.63 % | as of Apr 30, 2026 · Original filing |
| 50 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 1,914,840 | 16.6M $ | 0.19 % | as of Apr 30, 2026 · Original filing |
| 51 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 1,822,025 | 78.7M R$ | 4.57 % | as of Apr 30, 2026 · Original filing |
| 52 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,799,619 | 77.7M R$ | 7.99 % | as of Apr 30, 2026 · Original filing |
| 53 | SPX SUMMIT MACRO LONG SHORT MASTER FIF MULTIMERCADO CRED PRIV RESPONSABILIDADE LIMITADA | 1,796,876 | 77.6M R$ | 5.12 % | as of Apr 30, 2026 · Original filing |
| 54 | FIF - CLASSE DE INVESTIMENTO EM AÇÕES VIVEST IBOVESPA ATIVO RESP LIMITADA | 1,784,719 | 77.1M R$ | 7.82 % | as of Apr 30, 2026 · Original filing |
| 55 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,775,302 | 76.7M R$ | 1.73 % | as of Apr 30, 2026 · Original filing |
| 56 | iShares MSCI ACWI ETF iShares Trust | 1,739,314 | 15.2M $ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 57 | SPX RAPTOR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 1,734,536 | 74.9M R$ | 1.26 % | as of Apr 30, 2026 · Original filing |
| 58 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 1,717,809 | 74.2M R$ | 8.32 % | as of Apr 30, 2026 · Original filing |
| 59 | iShares MSCI ACWI ex U.S. ETF iShares Trust | 1,665,632 | 14.5M $ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 60 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,622,964 | 70.1M R$ | 8.12 % | as of Apr 30, 2026 · Original filing |
| 61 | JGP STRATEGY MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,618,700 | 69.9M R$ | 2.83 % | as of Apr 30, 2026 · Original filing |
| 62 | DOM BOSCO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES - RESPONSABILIDADE LIMITADA | 1,546,430 | 66.8M R$ | 12.41 % | as of Apr 30, 2026 · Original filing |
| 63 | International Growth Fund American Century World Mutual Funds, Inc. | 1,506,800 | 13.7M $ | 0.52 % | as of Feb 28, 2026 · Original filing |
| 64 | Fidelity ZERO International Index Fund Fidelity Concord Street Trust | 1,501,281 | 13.1M $ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 65 | ITAÚ IBRX ATIVO MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,468,836 | 63.4M R$ | 8.08 % | as of Apr 30, 2026 · Original filing |
| 66 | JPMorgan Emerging Markets Research Enhanced Equity Fund JPMorgan Trust IV | 1,457,042 | 12.7M $ | 0.58 % | as of Apr 30, 2026 · Original filing |
| 67 | ITAÚ ARTAX ENDURANCE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,422,540 | 61.4M R$ | 5.07 % | as of Apr 30, 2026 · Original filing |
| 68 | Swedbank Robur Global Emerging Markets Swedbank Robur Fonder AB | 1,348,262 | 106.9M SEK | 0.60 % | as of Mar 31, 2026 · Original filing |
| 69 | LAB FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES | 1,340,000 | 57.9M R$ | 3.39 % | as of Apr 30, 2026 · Original filing |
| 70 | Storebrand Emerging Markets Storebrand Asset Management AS | 1,320,928 | 104.8M SEK | 0.45 % | as of Mar 31, 2026 · Original filing |
| 71 | Handelsbanken Emerging Markets Index Handelsbanken Fonder AB | 1,304,518 | 103.5M SEK | 0.61 % | as of Mar 31, 2026 · Original filing |
| 72 | FRANKLIN MULTIPREV IBOVESPA ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 1,284,175 | 55.5M R$ | 8.95 % | as of Apr 30, 2026 · Original filing |
| 73 | IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 1,263,135 | 54.6M R$ | 2.79 % | as of Apr 30, 2026 · Original filing |
| 74 | NEO NAVITAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 1,258,154 | 54.3M R$ | 10.74 % | as of Apr 30, 2026 · Original filing |
| 75 | ITAÚ ARTAX ULTRA MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,255,395 | 54.2M R$ | 5.32 % | as of Apr 30, 2026 · Original filing |
| 76 | Six Circles Managed Equity Portfolio International Unconstrained Fund SIX CIRCLES TRUST | 1,229,419 | 10.3M $ | 0.08 % | as of Mar 31, 2026 · Original filing |
| 77 | JPMorgan ActiveBuilders Emerging Markets Equity ETF J.P. Morgan Exchange-Traded Fund Trust | 1,210,015 | 10.6M $ | 0.66 % | as of Apr 30, 2026 · Original filing |
| 78 | BRAM H PASSIVO IBRX FI FINANCEIRO - CIA - RESP LIMITADA | 1,200,754 | 51.9M R$ | 8.03 % | as of Apr 30, 2026 · Original filing |
| 79 | CAMBURI FUNDO DE INVESTIMENTO FINANCEIRO DE ACOES | 1,190,307 | 51.4M R$ | 34.67 % | as of Apr 30, 2026 · Original filing |
| 80 | ITAÚ DUNAMIS MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,180,072 | 51M R$ | 3.34 % | as of Apr 30, 2026 · Original filing |
| 81 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 1,149,600 | 10M $ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 82 | Artisan Sustainable Emerging Markets Fund Artisan Partners Funds Inc. | 1,144,531 | 9.6M $ | 1.83 % | as of Mar 31, 2026 · Original filing |
| 83 | MULTIPREV FIF EM AÇÕES RESPONSABILIDADE LIMITADA | 1,102,831 | 47.6M R$ | 8.97 % | as of Apr 30, 2026 · Original filing |
| 84 | SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 1,096,562 | 47.4M R$ | 1.22 % | as of Apr 30, 2026 · Original filing |
| 85 | Länsförsäkringar Tillväxtmarknad Index Länsförsäkringar Fondförvaltning AB | 1,094,279 | 86.8M SEK | 0.60 % | as of Mar 31, 2026 · Original filing |
| 86 | WPA I FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,083,960 | 46.8M R$ | 3.07 % | as of Apr 30, 2026 · Original filing |
| 87 | JAGUAR FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 1,030,000 | 44.5M R$ | 4.88 % | as of Apr 30, 2026 · Original filing |
| 88 | BB TOP AÇÕES IBOVESPA INDEXADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,000,051 | 43.2M R$ | 6.21 % | as of Apr 30, 2026 · Original filing |
| 89 | Handelsbanken Global Index Criteria Handelsbanken Fonder AB | 996,148 | 79M SEK | 0.05 % | as of Mar 31, 2026 · Original filing |
| 90 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 924,294 | 39.9M R$ | 1.98 % | as of Apr 30, 2026 · Original filing |
| 91 | BRADESCO MÁSTER IBOVESPA FI FINANCEIRO - CIA - RESP LIMITADA | 914,504 | 39.5M R$ | 2.53 % | as of Apr 30, 2026 · Original filing |
| 92 | ITAÚ VOTL FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 880,637 | 38M R$ | 9.42 % | as of Apr 30, 2026 · Original filing |
| 93 | MERAKI BRABUS FUNDO DE INVESTIMENTO EM AÇÕES | 840,933 | 36.3M R$ | 7.85 % | as of Apr 30, 2026 · Original filing |
| 94 | GRESS FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 824,521 | 35.6M R$ | 60.72 % | as of Apr 30, 2026 · Original filing |
| 95 | FACT TOTAL RETURN MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 800,000 | 34.6M R$ | 7.40 % | as of Apr 30, 2026 · Original filing |
| 96 | X LAB FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES | 800,000 | 34.6M R$ | 4.77 % | as of Apr 30, 2026 · Original filing |
| 97 | Capital World Growth & Income Fund AMERICAN FUNDS INSURANCE SERIES | 796,059 | 6.7M $ | 0.34 % | as of Mar 31, 2026 · Original filing |
| 98 | Fidelity Total International Equity Fund Fidelity Investment Trust | 764,823 | 6.7M $ | 0.30 % | as of Apr 30, 2026 · Original filing |
| 99 | ITAÚ OPTIMUS TITAN MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 750,886 | 32.4M R$ | 2.30 % | as of Apr 30, 2026 · Original filing |
| 100 | SPX NIMITZ MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 739,525 | 31.9M R$ | 0.64 % | as of Apr 30, 2026 · Original filing |