| 1 | CHALLENGER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 11,965,446 | 318.6M R$ | 135.34 % | as of Apr 30, 2026 · Original filing |
| 2 | V8 SRT FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA - RESPONSABILIDADE LIMITADA | 3,929,986 | 3.5M R$ | 0.47 % | as of Apr 30, 2026 · Original filing |
| 3 | Fidelity Series Emerging Markets Opportunities Fund Fidelity Investment Trust | 2,449,751 | 13.2M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 4 | REAL INVESTOR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,660,172 | 44.2M R$ | 3.33 % | as of Apr 30, 2026 · Original filing |
| 5 | SET FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,438,400 | 38.3M R$ | 12.01 % | as of Apr 30, 2026 · Original filing |
| 6 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 850,017 | 22.6M R$ | 0.84 % | as of Apr 30, 2026 · Original filing |
| 7 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 795,056 | 4.3M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 8 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 758,644 | 4.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 9 | Third Avenue International Real Estate Value Fund Third Avenue Trust | 652,893 | 3.5M $ | 3.15 % | as of Apr 30, 2026 · Original filing |
| 10 | Fidelity International Real Estate Fund Fidelity Select Portfolios | 514,133 | 2.8M $ | 0.81 % | as of Apr 30, 2026 · Original filing |
| 11 | REAL INVESTOR 70 PREVIDENCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 456,800 | 12.2M R$ | 3.16 % | as of Apr 30, 2026 · Original filing |
| 12 | POLO TOTAL RETURN CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 419,929 | 11.2M R$ | 2.33 % | as of Apr 30, 2026 · Original filing |
| 13 | 4UM TITANIUM SMALL CAPS FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESP LIMITADA | 269,193 | 7.2M R$ | 15.55 % | as of Apr 30, 2026 · Original filing |
| 14 | V8 SS MASTER CLASSE DE INVESTIMENTO RENDA FIXA - RESP LIMITADA | 263,700 | 6M R$ | 2.02 % | as of Apr 30, 2026 · Original filing |
| 15 | BRAM TERMO FI FINANCEIRO - CI RF - RESP LIMITADA | 235,300 | 5.7M R$ | 1.09 % | as of Apr 30, 2026 · Original filing |
| 16 | VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 225,765 | 1.2M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 17 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 212,777 | 1.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 18 | CAIXA CONSTRUÇÃO CIVIL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 148,086 | 3.9M R$ | 3.22 % | as of Apr 30, 2026 · Original filing |
| 19 | Fidelity Emerging Markets Equity Central Fund Fidelity Central Investment Portfolios LLC | 147,305 | 785.7K $ | 0.03 % | as of Mar 31, 2026 · Original filing |
| 20 | AZ QUEST TERMO FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA LONGO PRAZO | 143,000 | 3.8M R$ | 1.77 % | as of Apr 30, 2026 · Original filing |
| 21 | REAL INVESTOR XP SEG PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 123,200 | 3.3M R$ | 3.29 % | as of Apr 30, 2026 · Original filing |
| 22 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 120,012 | 3.2M R$ | 0.69 % | as of Apr 30, 2026 · Original filing |
| 23 | VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 116,227 | 625.1K $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 24 | SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 116,196 | 3.1M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 25 | REAL INVESTOR ICATU PREV MASTER FI FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 108,700 | 2.9M R$ | 3.29 % | as of Apr 30, 2026 · Original filing |
| 26 | GIANT DAO MULTIFACTOR LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 108,400 | 2.9M R$ | 2.58 % | as of Apr 30, 2026 · Original filing |
| 27 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 102,472 | 551.1K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 28 | V8 VANQUISH TERMO CLASSE DE INVESTIMENTO RENDA FIXA - RESP LIMITADA | 85,700 | 1.9M R$ | 0.72 % | as of Apr 30, 2026 · Original filing |
| 29 | V8 VANQUISH TERMO PREVIDÊNCIA CLASSE DE INVESTIMENTO RENDA FIXA CRÉDITO PRIVADO - RESP LIMITADA | 85,600 | 1.9M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 30 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 84,181 | 939.8K R$ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 31 | International Small-Cap Portfolio PACIFIC SELECT FUND | 80,595 | 429.9K $ | 0.17 % | as of Mar 31, 2026 · Original filing |
| 32 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 77,900 | 431.9K $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 33 | QUANTITAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 76,100 | 2M R$ | 0.24 % | as of Apr 30, 2026 · Original filing |
| 34 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 68,715 | 369.5K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 35 | IRIDIUM RHINO MASTER FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESPONSABILIDADE LIMITADA | 64,000 | 1.7M R$ | 2.37 % | as of Apr 30, 2026 · Original filing |
| 36 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 62,248 | 332.7K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 37 | VALOR CONSULTORIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 62,000 | 1.7M R$ | 6.13 % | as of Apr 30, 2026 · Original filing |
| 38 | LEBLON ICATU PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO | 53,927 | 1.4M R$ | 0.84 % | as of Apr 30, 2026 · Original filing |
| 39 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 51,400 | 274.7K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 40 | SPX LONG BIAS PREVIDENCIÁRIO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULT RESP LIMITADA | 50,264 | 1.3M R$ | 0.30 % | as of Apr 30, 2026 · Original filing |
| 41 | POLO NORTE MASTER FIF MULTIMERCADO - RESPONSABILIDADE LIMITADA | 47,871 | 1.3M R$ | 1.44 % | as of Apr 30, 2026 · Original filing |
| 42 | JNS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 46,600 | 1.2M R$ | 5.18 % | as of Apr 30, 2026 · Original filing |
| 43 | GUADALUPE CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 44,900 | 1.2M R$ | 3.94 % | as of Apr 30, 2026 · Original filing |
| 44 | LEBLON PREV FUNDO DE INVESTIMENTO MULTIMERCADO FIFE | 41,174 | 1.1M R$ | 2.00 % | as of Apr 30, 2026 · Original filing |
| 45 | KEPLER FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES - RESPONSABILIDADE LIMITADA | 39,000 | 1M R$ | 1.02 % | as of Apr 30, 2026 · Original filing |
| 46 | CAIXA DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 37,200 | 990.6K R$ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 47 | CLASSE ÚNICA DE COTAS DO PAULISTA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 36,900 | 982.6K R$ | 7.99 % | as of Apr 30, 2026 · Original filing |
| 48 | SPX FALCON INSTITUCIONAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 36,190 | 963.7K R$ | 0.43 % | as of Apr 30, 2026 · Original filing |
| 49 | SPX LONG BIAS PREVIDENCIÁRIO MASTER 2 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 33,760 | 899K R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 50 | GIANT ZARATHUSTRA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 33,400 | 889.4K R$ | 0.39 % | as of Apr 30, 2026 · Original filing |
| 51 | LEBLON 70 BRASILPREV FUNDO DE INVESTIMENTO MULTIMERCADO FIFE | 31,872 | 848.8K R$ | 1.46 % | as of Apr 30, 2026 · Original filing |
| 52 | State Street(R) SPDR(R) S&P(R) Emerging Markets Small Cap ETF SPDR INDEX SHARES FUNDS | 30,154 | 159.5K $ | 0.02 % | as of Mar 31, 2026 · Original filing |
| 53 | ITAÚ FLEXPREV DIVIDENDOS INDEXADO FIF AÇÕES - RESP LIMITADA | 28,000 | 745.6K R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 54 | SILVER LAKE II FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 26,600 | 708.4K R$ | 0.80 % | as of Apr 30, 2026 · Original filing |
| 55 | KINITRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 25,821 | 687.6K R$ | 0.18 % | as of Apr 30, 2026 · Original filing |
| 56 | Dimensional World ex. U.S. Core Equity 2 ETF Dimensional ETF Trust | 23,060 | 123.3K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 57 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 22,089 | 587.1K R$ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 58 | SONAR SNOWBALL FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 21,400 | 569.9K R$ | 7.23 % | as of Apr 30, 2026 · Original filing |
| 59 | REAL INVESTOR 70 XP SEG ADVISORY PREV FI FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 20,900 | 556.6K R$ | 3.11 % | as of Apr 30, 2026 · Original filing |
| 60 | REAL INVESTOR LONG SHORT PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESP LIMITADA | 19,728 | 525.4K R$ | 3.86 % | as of Apr 30, 2026 · Original filing |
| 61 | AVANTGARDE MULTIFATORES ABSOLUTO FUNDO DE INVESTIMENTO MULTIMERCADO | 18,700 | 498K R$ | 0.99 % | as of Apr 30, 2026 · Original filing |
| 62 | KADIMA XP SEGUROS PREV FIFE FIF MULTIMERCADO CRÉDITO PRIVADO - RESP LTDA | 18,600 | 495.3K R$ | 0.45 % | as of Apr 30, 2026 · Original filing |
| 63 | KADIMA HIGH VOL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 18,400 | 490K R$ | 0.53 % | as of Apr 30, 2026 · Original filing |
| 64 | QUANTIQUE QUARK MAGNON FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 18,367 | 489.1K R$ | 3.58 % | as of Apr 30, 2026 · Original filing |
| 65 | ARRECIFES FUNDO DE INVESTIMENTO EM AÇÕES | 18,281 | 486.8K R$ | 3.01 % | as of Apr 30, 2026 · Original filing |
| 66 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 18,038 | 480.4K R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 67 | VanEck Brazil Small-Cap ETF VanEck ETF Trust | 17,300 | 92.3K $ | 0.38 % | as of Mar 31, 2026 · Original filing |
| 68 | SERRA AZUL II CLASSE DE INVESTIMENTO EM AÇÕES - RESPONSABILIDADE LIMITADA | 16,800 | 447.4K R$ | 0.71 % | as of Apr 30, 2026 · Original filing |
| 69 | STRATEGIC LONG SHORT FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 16,300 | 434.1K R$ | 2.13 % | as of Apr 30, 2026 · Original filing |
| 70 | LEGACY CAPITAL ALPHA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 15,813 | 421.1K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 71 | Emerging Markets Social Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 15,776 | 84.8K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 72 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 15,575 | 414.8K R$ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 73 | BRAM EQUITY HEDGE FI FINANCEIRO - CI MULT - RESP LIMITADA | 15,100 | 402.1K R$ | 0.20 % | as of Apr 30, 2026 · Original filing |
| 74 | FI FINANCEIRO SONAR PATRIMÔNIO MULTIMERCADO CRÉDITO PRIVADO - RESPONSABILIDADE LIMITADA | 15,000 | 399.5K R$ | 1.45 % | as of Apr 30, 2026 · Original filing |
| 75 | AMIGOS DO COELHO FUNDO DE INVESTIMENTO EM AÇÕES RESPONSABILIDADE LIMITADA | 14,600 | 388.8K R$ | 2.17 % | as of Apr 30, 2026 · Original filing |
| 76 | CONSTÂNCIA ABSOLUTO FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 14,100 | 375.5K R$ | 0.91 % | as of Apr 30, 2026 · Original filing |
| 77 | KADIMA FIFE PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 14,000 | 372.8K R$ | 0.46 % | as of Apr 30, 2026 · Original filing |
| 78 | AZ QUEST BAYES LONG SHORT SISTEMÁTICO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 12,874 | 342.8K R$ | 1.42 % | as of Apr 30, 2026 · Original filing |
| 79 | World ex U.S. Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 12,594 | 67.7K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 80 | Emerging Markets ex China Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 12,500 | 67.2K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 81 | BRADESCO H DIVIDENDOS FI FINANCEIRO - CIA - RESP LIMITADA | 11,405 | 303.7K R$ | 0.30 % | as of Apr 30, 2026 · Original filing |
| 82 | FUNEPP FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESPONSABILIDADE LIMITADA | 11,338 | 301.9K R$ | 0.30 % | as of Apr 30, 2026 · Original filing |
| 83 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 11,006 | 293.1K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 84 | QUANTITAS SISTEMÁTICO NAXOS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 10,400 | 277K R$ | 0.83 % | as of Apr 30, 2026 · Original filing |
| 85 | PRINCIPAL CLARITAS QUANT MASTER II FI FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 10,200 | 271.6K R$ | 1.62 % | as of Apr 30, 2026 · Original filing |
| 86 | VANGUARD ESG INTERNATIONAL STOCK ETF VANGUARD WORLD FUND | 10,167 | 56.2K $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 87 | BNP PARIBAS EQD BRAZIL FUND CLASSE DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO | 10,000 | 266.3K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 88 | LITHIUM FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 10,000 | 266.3K R$ | 2.89 % | as of Apr 30, 2026 · Original filing |
| 89 | GRINGOTES FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO - RESPONSABILIDADE LIMITADA | 10,000 | 266.3K R$ | 4.63 % | as of Apr 30, 2026 · Original filing |
| 90 | KADIMA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 9,900 | 263.6K R$ | 0.31 % | as of Apr 30, 2026 · Original filing |
| 91 | AZ QUEST BAYES LONG BIASED SISTEMATICO FUNDO DE INVESTIMENTO MULTIMERCADO | 9,231 | 245.8K R$ | 1.85 % | as of Apr 30, 2026 · Original filing |
| 92 | SARPEN SINTROPIA MASTER MULTIMERCADO FIF RESPONSABILIDADE LIMITADA | 9,100 | 242.3K R$ | 0.99 % | as of Apr 30, 2026 · Original filing |
| 93 | Avantis Emerging Markets Equity Fund American Century ETF Trust | 9,100 | 50.4K $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 94 | LEBLON ITAÚ PREV FIFE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 7,980 | 212.5K R$ | 2.00 % | as of Apr 30, 2026 · Original filing |
| 95 | VOKIN ESSENCIAL MATTERHORN CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 7,800 | 207.7K R$ | 0.91 % | as of Apr 30, 2026 · Original filing |
| 96 | VGBL SICOOB SEGURADORA FUNDO DE INVESTIMENTO FINANCEIRO RV 30 MULTIMERCADO | 7,800 | 207.7K R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 97 | Dimensional Emerging Markets Sustainability Core 1 ETF Dimensional ETF Trust | 7,700 | 41.2K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 98 | SPHERE CLASSE DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 7,589 | 202.1K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 99 | SICOOB AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 7,200 | 191.7K R$ | 0.76 % | as of Apr 30, 2026 · Original filing |
| 100 | VERSA TRACKER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 7,100 | 189.1K R$ | 4.15 % | as of Apr 30, 2026 · Original filing |