| 1 | ZUCCHERO RV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 2,510,887 | 40.6M R$ | 98.25 % | as of Apr 30, 2026 · Original filing |
| 2 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 2,095,317 | 6.8M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 3 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,966,395 | 6.4M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 4 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 1,916,722 | 6.7M $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 5 | GMO Resources Fund GMO TRUST | 1,593,582 | 5.6M $ | 0.44 % | as of Feb 28, 2026 · Original filing |
| 6 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 1,342,496 | 4.4M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 7 | Neuberger Emerging Markets Equity Fund NEUBERGER BERMAN EQUITY FUNDS | 1,244,830 | 4.4M $ | 1.74 % | as of Feb 28, 2026 · Original filing |
| 8 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 859,652 | 3M $ | 0.83 % | as of Feb 28, 2026 · Original filing |
| 9 | IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 824,927 | 13.3M R$ | 0.68 % | as of Apr 30, 2026 · Original filing |
| 10 | Storebrand Emerging Markets Plus Storebrand Asset Management AS | 582,073 | 22.5M SEK | 0.08 % | as of Mar 31, 2026 · Original filing |
| 11 | VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 554,300 | 1.8M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 12 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 457,954 | 7.4M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 13 | NORTE LONG BIAS MASTER CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 402,671 | 6.5M R$ | 4.54 % | as of Apr 30, 2026 · Original filing |
| 14 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 367,100 | 1.3M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 15 | GMO Resource Transition Fund GMO TRUST | 350,100 | 1.2M $ | 0.68 % | as of Feb 28, 2026 · Original filing |
| 16 | NORTE LONG BIAS MASTER CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 344,405 | 5.6M R$ | 2.73 % | as of Apr 30, 2026 · Original filing |
| 17 | Conductor Global Equity Value ETF Two Roads Shared Trust | 343,820 | 1.1M $ | 0.79 % | as of Apr 30, 2026 · Original filing |
| 18 | Calvert Global Energy Solutions Fund Calvert Impact Fund, Inc. | 326,452 | 1.3M $ | 0.78 % | as of Mar 31, 2026 · Original filing |
| 19 | iShares Core MSCI Total International Stock ETF iShares Trust | 324,291 | 1.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 20 | Tax-Managed Real Assets Fund RUSSELL INVESTMENT CO | 300,426 | 981K $ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 21 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 293,894 | 959.7K $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 22 | TRUXT LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 285,995 | 4.6M R$ | 0.85 % | as of Apr 30, 2026 · Original filing |
| 23 | JTP FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 275,700 | 4.5M R$ | 2.56 % | as of Apr 30, 2026 · Original filing |
| 24 | First Trust Emerging Markets Small Cap AlphaDEX Fund First Trust Exchange-Traded AlphaDEX Fund II | 243,932 | 998.4K $ | 0.40 % | as of Mar 31, 2026 · Original filing |
| 25 | SOLANA LONG AND SHORT FUNDO DE INVESTIMENTO MULTIMERCADO | 209,940 | 3.4M R$ | 1.43 % | as of Apr 30, 2026 · Original filing |
| 26 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 206,750 | 3.3M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 27 | BB TOP AÇÕES AGRO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 190,000 | 3.1M R$ | 2.93 % | as of Apr 30, 2026 · Original filing |
| 28 | DIMENSIONAL EMERGING MARKETS VALUE FUND DIMENSIONAL EMERGING MARKETS VALUE FUND | 176,538 | 576.5K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 29 | NORTE EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 173,045 | 2.8M R$ | 1.62 % | as of Apr 30, 2026 · Original filing |
| 30 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 169,997 | 551.7K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 31 | MANTIQUEIRA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 145,600 | 2.4M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 32 | QUANTITAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 142,652 | 2.3M R$ | 0.27 % | as of Apr 30, 2026 · Original filing |
| 33 | TRIGONO 70 PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 130,000 | 2.1M R$ | 2.12 % | as of Apr 30, 2026 · Original filing |
| 34 | SOLANA EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 125,160 | 2M R$ | 3.02 % | as of Apr 30, 2026 · Original filing |
| 35 | PRIVATE STOCKS FUNDO DE INVESTIMENTO DE AÇÕES RESPONSABILIDADE LIMITADA | 125,000 | 2M R$ | 8.39 % | as of Apr 30, 2026 · Original filing |
| 36 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 124,300 | 508.7K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 37 | SPARTA CÍCLICO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 107,400 | 1.7M R$ | 6.15 % | as of Apr 30, 2026 · Original filing |
| 38 | Avantis Emerging Markets Value ETF American Century ETF Trust | 107,200 | 375.8K $ | 0.03 % | as of Feb 28, 2026 · Original filing |
| 39 | GMO Implementation Fund GMO TRUST | 106,126 | 371.8K $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 40 | Dimensional World ex. U.S. Core Equity 2 ETF Dimensional ETF Trust | 100,829 | 327.2K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 41 | TRÍGONO ICATU 100 FUNDO DE INVESTIMENTO EM AÇÕES PREVIDENCIÁRIO FIFE | 100,000 | 1.6M R$ | 1.70 % | as of Apr 30, 2026 · Original filing |
| 42 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 99,037 | 323.4K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 43 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 96,153 | 1.6M R$ | 0.51 % | as of Apr 30, 2026 · Original filing |
| 44 | XP INVESTOR LONG BIASED FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 95,112 | 1.5M R$ | 0.59 % | as of Apr 30, 2026 · Original filing |
| 45 | VanEck Brazil Small-Cap ETF VanEck ETF Trust | 90,600 | 370.8K $ | 1.51 % | as of Mar 31, 2026 · Original filing |
| 46 | RAGAMAIS PREV ICATU QUALIFICADO FI FINANCEIRO - CI MULT - RESP LIMITADA | 90,300 | 1.5M R$ | 1.76 % | as of Apr 30, 2026 · Original filing |
| 47 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 88,800 | 290K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 48 | AVIÃO II FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 84,900 | 1.4M R$ | 3.07 % | as of Apr 30, 2026 · Original filing |
| 49 | SUNO LONGO HORIZONTE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 82,900 | 1.3M R$ | 1.97 % | as of Apr 30, 2026 · Original filing |
| 50 | SOLANA EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 80,920 | 1.3M R$ | 3.02 % | as of Apr 30, 2026 · Original filing |
| 51 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 80,511 | 1.3M R$ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 52 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 79,300 | 1.3M R$ | 0.28 % | as of Apr 30, 2026 · Original filing |
| 53 | TRUXT LONG SHORT PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 78,855 | 1.3M R$ | 1.28 % | as of Apr 30, 2026 · Original filing |
| 54 | IBIUNA LONG BIASED MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 76,005 | 1.2M R$ | 0.49 % | as of Apr 30, 2026 · Original filing |
| 55 | PERSEVERA NEMESIS TOTAL RETURN FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 73,400 | 1.2M R$ | 2.06 % | as of Apr 30, 2026 · Original filing |
| 56 | ALLEGRO CAPITAL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 70,000 | 1.1M R$ | 4.92 % | as of Apr 30, 2026 · Original filing |
| 57 | Dimensional Emerging Markets Value ETF Dimensional ETF Trust | 68,157 | 221.2K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 58 | TRUXT LONG BIAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 66,818 | 1.1M R$ | 0.43 % | as of Apr 30, 2026 · Original filing |
| 59 | State Street(R) SPDR(R) S&P(R) Emerging Markets Small Cap ETF SPDR INDEX SHARES FUNDS | 64,757 | 262.9K $ | 0.04 % | as of Mar 31, 2026 · Original filing |
| 60 | OCCAM RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 61,808 | 999.4K R$ | 0.19 % | as of Apr 30, 2026 · Original filing |
| 61 | PRINCIPAL CLARITAS LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 60,700 | 981.5K R$ | 0.83 % | as of Apr 30, 2026 · Original filing |
| 62 | Emerging Markets Social Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 58,495 | 191K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 63 | GIANT DAO MULTIFACTOR LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 53,400 | 863.5K R$ | 0.77 % | as of Apr 30, 2026 · Original filing |
| 64 | ITAÚ FLEXPREV MASTER GD MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 51,943 | 839.9K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 65 | VINCI EQUILIBRIO BRASILPREV FIFE PREVIDENCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 49,100 | 793.9K R$ | 0.20 % | as of Apr 30, 2026 · Original filing |
| 66 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 48,736 | 788.1K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 67 | SAFRA MAXWELL MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO CLASSE DE INV MULTIMERCADO RESP LIMITADA | 44,135 | 713.7K R$ | 0.95 % | as of Apr 30, 2026 · Original filing |
| 68 | TRUXT LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 43,885 | 709.6K R$ | 1.28 % | as of Apr 30, 2026 · Original filing |
| 69 | World ex U.S. Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 42,800 | 139.8K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 70 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 41,600 | 672.7K R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 71 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 40,332 | 652.2K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 72 | TC COSMOS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 40,000 | 646.8K R$ | 0.67 % | as of Apr 30, 2026 · Original filing |
| 73 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 37,400 | 604.8K R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 74 | Avantis Emerging Markets Equity Fund American Century ETF Trust | 37,100 | 130K $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 75 | BRAM EQUITY HEDGE FI FINANCEIRO - CI MULT - RESP LIMITADA | 36,200 | 585.4K R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 76 | SILVER LAKE II FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 35,200 | 569.2K R$ | 0.64 % | as of Apr 30, 2026 · Original filing |
| 77 | Emerging Markets Targeted Value Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 34,578 | 112.9K $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 78 | State Street Global All Cap Equity ex-U.S. Index Portfolio STATE STREET INSTITUTIONAL INVESTMENT TRUST | 33,600 | 136.4K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 79 | iShares MSCI Agriculture Producers ETF iShares, Inc. | 31,500 | 110.4K $ | 0.09 % | as of Feb 28, 2026 · Original filing |
| 80 | TRIGONO DELPHOS 70 PREVIDENCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 30,000 | 485.1K R$ | 2.07 % | as of Apr 30, 2026 · Original filing |
| 81 | LEGACY CAPITAL ALPHA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 29,705 | 480.3K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 82 | MAG CASH FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA | 28,000 | 452.8K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 83 | BRAM H PASSIVO IBRX FI FINANCEIRO - CIA - RESP LIMITADA | 27,739 | 448.5K R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 84 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 26,892 | 434.8K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 85 | SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 26,632 | 430.6K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 86 | EXPLORITAS ALPHA AMERICA LATINA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 26,500 | 428.5K R$ | 1.76 % | as of Apr 30, 2026 · Original filing |
| 87 | AVANTGARDE MULTIFATORES ABSOLUTO FUNDO DE INVESTIMENTO MULTIMERCADO | 26,500 | 428.5K R$ | 0.85 % | as of Apr 30, 2026 · Original filing |
| 88 | VANGUARD ESG INTERNATIONAL STOCK ETF VANGUARD WORLD FUND | 26,300 | 92.1K $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 89 | ITAÚ JANEIRO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 24,943 | 403.3K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 90 | BARRACUDA FUNDO DE INVESTIMENTO MULTIMERCADO | 24,800 | 401K R$ | 1.55 % | as of Apr 30, 2026 · Original filing |
| 91 | ITAÚ FLEXPREV JANEIRO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 24,714 | 399.6K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 92 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 24,100 | 78.2K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 93 | GIANT ZARATHUSTRA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 24,000 | 388.1K R$ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 94 | EVOLVE ALPHA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 22,800 | 368.7K R$ | 1.83 % | as of Apr 30, 2026 · Original filing |
| 95 | TRUXT MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 22,619 | 365.7K R$ | 0.43 % | as of Apr 30, 2026 · Original filing |
| 96 | CAPYVARA FUNDO DE INVESTIMENTO EM AÇÕES RESPONSABILIDADE LIMITADA | 22,500 | 363.8K R$ | 6.56 % | as of Apr 30, 2026 · Original filing |
| 97 | BZ LOCAL FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 22,241 | 359.6K R$ | 0.14 % | as of Apr 30, 2026 · Original filing |
| 98 | SOLANA LONG BIASED FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 21,820 | 352.8K R$ | 1.87 % | as of Apr 30, 2026 · Original filing |
| 99 | ENCORE LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 21,200 | 342.8K R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 100 | PRINCIPAL CLARITAS QUANT MASTER II FI FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 21,200 | 342.8K R$ | 2.04 % | as of Apr 30, 2026 · Original filing |