| 1 | iShares MSCI Brazil ETF iShares, Inc. | 88,226,385 | 280M $ | 2.90 % | as of Feb 28, 2026 · Original filing |
| 2 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 63,516,478 | 186.1M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 3 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 60,503,319 | 177.3M $ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 4 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 52,454,234 | 166.5M $ | 0.11 % | as of Feb 28, 2026 · Original filing |
| 5 | Invesco Developing Markets Fund AIM Investment Funds (Invesco Investment Funds) | 39,755,838 | 116.5M $ | 1.33 % | as of Apr 30, 2026 · Original filing |
| 6 | Pzena Emerging Markets Value Fund Advisors Series Trust | 32,747,200 | 103.9M $ | 2.57 % | as of Feb 28, 2026 · Original filing |
| 7 | The Hartford International Value Fund HARTFORD MUTUAL FUNDS, INC | 30,983,771 | 90.8M $ | 0.63 % | as of Apr 30, 2026 · Original filing |
| 8 | SIIT WORLD EQUITY EX-US FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 27,468,236 | 87.1M $ | 0.94 % | as of Feb 28, 2026 · Original filing |
| 9 | VANGUARD INTERNATIONAL CORE STOCK FUND VANGUARD HORIZON FUNDS | 27,103,106 | 79.8M $ | 1.01 % | as of Mar 31, 2026 · Original filing |
| 10 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 23,411,295 | 340.6M R$ | 2.62 % | as of Apr 30, 2026 · Original filing |
| 11 | International Growth Fund John Hancock Funds III | 22,356,349 | 65.8M $ | 1.19 % | as of Mar 31, 2026 · Original filing |
| 12 | OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 19,382,409 | 281.2M R$ | 0.84 % | as of Apr 30, 2026 · Original filing |
| 13 | VANGUARD GLOBAL EQUITY FUND VANGUARD HORIZON FUNDS | 19,058,710 | 56.1M $ | 0.80 % | as of Mar 31, 2026 · Original filing |
| 14 | VANGUARD GLOBAL CAPITAL CYCLES FUND VANGUARD SPECIALIZED FUNDS | 17,170,642 | 50.3M $ | 1.30 % | as of Apr 30, 2026 · Original filing |
| 15 | Brandes International Equity Fund Datum One Series Trust | 14,444,400 | 42.5M $ | 1.70 % | as of Mar 31, 2026 · Original filing |
| 16 | Bridge Builder International Equity Fund Bridge Builder Trust | 13,653,504 | 40.2M $ | 0.17 % | as of Mar 31, 2026 · Original filing |
| 17 | State Street(R) SPDR(R) S&P Emerging Markets Dividend ETF SPDR INDEX SHARES FUNDS | 13,054,970 | 38.1M $ | 3.35 % | as of Mar 31, 2026 · Original filing |
| 18 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 12,540,391 | 182M R$ | 1.54 % | as of Apr 30, 2026 · Original filing |
| 19 | MFS Blended Research International Equity Fund MFS SERIES TRUST IV | 12,353,300 | 39.2M $ | 1.09 % | as of Feb 28, 2026 · Original filing |
| 20 | iShares MSCI Emerging Markets ETF iShares, Inc. | 12,217,067 | 38.8M $ | 0.13 % | as of Feb 28, 2026 · Original filing |
| 21 | WisdomTree Emerging Markets High Dividend Fund WisdomTree Trust | 11,991,276 | 35M $ | 1.01 % | as of Mar 31, 2026 · Original filing |
| 22 | AP7 Aktiefond Sjunde AP-fonden | 11,119,179 | 309.3M SEK | 0.02 % | as of Mar 31, 2026 · Original filing |
| 23 | VANGUARD INTERNATIONAL VALUE FUND VANGUARD TRUSTEES' EQUITY FUND | 11,071,849 | 32.4M $ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 24 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 10,641,895 | 154.4M R$ | 0.44 % | as of Apr 30, 2026 · Original filing |
| 25 | iShares MSCI Emerging Markets ex China ETF iShares, Inc. | 9,543,717 | 30.3M $ | 0.17 % | as of Feb 28, 2026 · Original filing |
| 26 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 9,164,500 | 133M R$ | 3.02 % | as of Apr 30, 2026 · Original filing |
| 27 | PIMCO RAE Emerging Markets Fund PIMCO Equity Series | 9,017,800 | 26.5M $ | 0.95 % | as of Mar 31, 2026 · Original filing |
| 28 | Fidelity Series Global ex U.S. Index Fund Fidelity Salem Street Trust | 8,949,830 | 26.2M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 29 | Dodge & Cox Emerging Markets Stock Fund Dodge & Cox Funds | 8,285,800 | 24.4M $ | 2.25 % | as of Mar 31, 2026 · Original filing |
| 30 | SPX RAPTOR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 8,189,522 | 118.8M R$ | 2.00 % | as of Apr 30, 2026 · Original filing |
| 31 | Schwab Fundamental Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 8,115,089 | 25.7M $ | 0.27 % | as of Feb 28, 2026 · Original filing |
| 32 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 7,044,134 | 20.6M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 33 | SPX SUMMIT MACRO LONG SHORT MASTER FIF MULTIMERCADO CRED PRIV RESPONSABILIDADE LIMITADA | 6,438,628 | 93.4M R$ | 6.16 % | as of Apr 30, 2026 · Original filing |
| 34 | iShares Core MSCI Total International Stock ETF iShares Trust | 5,760,840 | 16.9M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 35 | Fidelity Emerging Markets Index Fund Fidelity Salem Street Trust | 5,667,800 | 16.6M $ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 36 | Tax-Managed International Equity Fund RUSSELL INVESTMENT CO | 5,617,477 | 16.5M $ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 37 | Invesco Emerging Markets ex-China Fund AIM Investment Funds (Invesco Investment Funds) | 5,326,460 | 15.6M $ | 1.30 % | as of Apr 30, 2026 · Original filing |
| 38 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 5,219,573 | 16.6M $ | 0.13 % | as of Feb 28, 2026 · Original filing |
| 39 | Victory Market Neutral Income Fund Victory Portfolios II | 4,876,700 | 14.4M $ | 0.49 % | as of Mar 31, 2026 · Original filing |
| 40 | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND VANGUARD WHITEHALL FUNDS | 4,738,350 | 13.9M $ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 41 | Variable Portfolio - Partners International Value Fund Columbia Funds Variable Series Trust II | 4,727,000 | 13.9M $ | 0.96 % | as of Mar 31, 2026 · Original filing |
| 42 | VANGUARD EMERGING MARKETS SELECT STOCK FUND VANGUARD TRUSTEES' EQUITY FUND | 4,724,151 | 13.8M $ | 1.13 % | as of Apr 30, 2026 · Original filing |
| 43 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 4,388,800 | 12.8M $ | 2.58 % | as of Mar 31, 2026 · Original filing |
| 44 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 4,079,421 | 59.2M R$ | 1.72 % | as of Apr 30, 2026 · Original filing |
| 45 | VISTA MULTIESTRATEGIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 4,057,198 | 58.9M R$ | 10.08 % | as of Apr 30, 2026 · Original filing |
| 46 | Nuveen Emerging Markets Equity Index Fund TIAA-CREF Funds | 3,724,397 | 10.9M $ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 47 | SPX NIMITZ MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 3,383,481 | 49.1M R$ | 0.99 % | as of Apr 30, 2026 · Original filing |
| 48 | MFS Diversified Income Fund MFS Series Trust XIII | 3,231,000 | 10.3M $ | 0.55 % | as of Feb 28, 2026 · Original filing |
| 49 | Brown Advisory Emerging Markets Select Fund Brown Advisory Funds | 3,139,400 | 9.2M $ | 1.06 % | as of Mar 31, 2026 · Original filing |
| 50 | SIT International Equity Fund SEI INSTITUTIONAL INTERNATIONAL TRUST | 3,108,000 | 9.1M $ | 0.26 % | as of Mar 31, 2026 · Original filing |
| 51 | International Value Portfolio PACIFIC SELECT FUND | 3,029,989 | 8.9M $ | 0.79 % | as of Mar 31, 2026 · Original filing |
| 52 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 2,949,092 | 8.6M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 53 | Schwab International Dividend Equity ETF SCHWAB STRATEGIC TRUST | 2,893,201 | 9.2M $ | 0.41 % | as of Feb 28, 2026 · Original filing |
| 54 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 2,889,739 | 8.5M $ | 0.01 % | as of Mar 31, 2026 · Original filing |
| 55 | UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 2,864,618 | 41.6M R$ | 1.38 % | as of Apr 30, 2026 · Original filing |
| 56 | State Street(R) SPDR(R) S&P(R) International Dividend ETF SPDR INDEX SHARES FUNDS | 2,823,933 | 8.2M $ | 1.67 % | as of Mar 31, 2026 · Original filing |
| 57 | BTG PACTUAL SYNERGY LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 2,792,496 | 40.5M R$ | 6.12 % | as of Apr 30, 2026 · Original filing |
| 58 | FlexShares International Quality Dividend Index Fund FlexShares Trust | 2,730,700 | 8M $ | 0.72 % | as of Apr 30, 2026 · Original filing |
| 59 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 2,598,335 | 37.7M R$ | 1.41 % | as of Apr 30, 2026 · Original filing |
| 60 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 2,549,422 | 7.5M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 61 | ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 2,525,500 | 36.6M R$ | 2.66 % | as of Apr 30, 2026 · Original filing |
| 62 | Cambria Emerging Shareholder Yield ETF Cambria ETF Trust | 2,516,660 | 7.4M $ | 0.98 % | as of Apr 30, 2026 · Original filing |
| 63 | Fidelity Global ex U.S. Index Fund Fidelity Salem Street Trust | 2,403,600 | 7M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 64 | LEGACY CAPITAL ALPHA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 2,315,741 | 33.6M R$ | 1.31 % | as of Apr 30, 2026 · Original filing |
| 65 | KAPITALO ZETA MERIDIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,261,153 | 32.8M R$ | 0.71 % | as of Apr 30, 2026 · Original filing |
| 66 | LOCAL EXPLORER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,247,850 | 32.6M R$ | 4.04 % | as of Apr 30, 2026 · Original filing |
| 67 | MFS Global Total Return Fund MFS Series Trust VI | 2,054,000 | 6M $ | 0.48 % | as of Apr 30, 2026 · Original filing |
| 68 | Fidelity SAI Emerging Markets Index Fund Fidelity Salem Street Trust | 2,032,298 | 6M $ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 69 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 2,023,753 | 29.4M R$ | 2.34 % | as of Apr 30, 2026 · Original filing |
| 70 | Hartford Schroders International Multi-Cap Value Fund HARTFORD MUTUAL FUNDS II, INC | 1,980,600 | 5.8M $ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 71 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 1,909,612 | 27.7M R$ | 1.85 % | as of Apr 30, 2026 · Original filing |
| 72 | Morningstar International Equity Fund Morningstar Funds Trust | 1,872,309 | 5.5M $ | 0.54 % | as of Apr 30, 2026 · Original filing |
| 73 | Global Equity Fund RUSSELL INVESTMENT CO | 1,782,509 | 5.2M $ | 0.14 % | as of Apr 30, 2026 · Original filing |
| 74 | VanEck Morningstar International Moat ETF VanEck ETF Trust | 1,765,100 | 5.2M $ | 2.80 % | as of Mar 31, 2026 · Original filing |
| 75 | IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 1,683,305 | 24.4M R$ | 1.25 % | as of Apr 30, 2026 · Original filing |
| 76 | BANCLASS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 1,678,700 | 24.4M R$ | 1.56 % | as of Apr 30, 2026 · Original filing |
| 77 | Bridge Builder Tax Managed International Equity Fund Bridge Builder Trust | 1,621,700 | 4.8M $ | 0.18 % | as of Mar 31, 2026 · Original filing |
| 78 | Invesco RAFI Emerging Markets ETF Invesco Exchange-Traded Fund Trust II | 1,550,877 | 4.5M $ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 79 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 1,541,924 | 22.4M R$ | 1.30 % | as of Apr 30, 2026 · Original filing |
| 80 | Emerging Markets Fund RUSSELL INVESTMENT CO | 1,515,161 | 4.4M $ | 0.36 % | as of Apr 30, 2026 · Original filing |
| 81 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 1,493,078 | 21.7M R$ | 0.49 % | as of Apr 30, 2026 · Original filing |
| 82 | Hartford Schroders International Contrarian Value Fund HARTFORD MUTUAL FUNDS II, INC | 1,492,402 | 4.4M $ | 1.93 % | as of Apr 30, 2026 · Original filing |
| 83 | Mercer Emerging Markets Equity Fund Mercer Funds | 1,482,200 | 4.3M $ | 0.33 % | as of Mar 31, 2026 · Original filing |
| 84 | SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 1,480,749 | 30.8M R$ | 0.79 % | as of Apr 30, 2026 · Original filing |
| 85 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,472,871 | 21.4M R$ | 0.41 % | as of Apr 30, 2026 · Original filing |
| 86 | LEGACY CAPITAL MASTER CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 1,461,882 | 21.2M R$ | 0.67 % | as of Apr 30, 2026 · Original filing |
| 87 | SAFRA PREV KEPLER ADVANCED FIF PREVIDENCIÁRIO CLASSE DE INV MULTIMERCADO PREV RESP LIMITADA | 1,452,401 | 21.1M R$ | 4.27 % | as of Apr 30, 2026 · Original filing |
| 88 | International Developed Markets Fund RUSSELL INVESTMENT CO | 1,448,965 | 4.2M $ | 0.31 % | as of Apr 30, 2026 · Original filing |
| 89 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,437,668 | 20.9M R$ | 2.15 % | as of Apr 30, 2026 · Original filing |
| 90 | Pacer Emerging Markets Cash Cows 100 ETF Pacer Funds Trust | 1,429,751 | 4.2M $ | 2.06 % | as of Apr 30, 2026 · Original filing |
| 91 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 1,422,339 | 20.6M R$ | 2.31 % | as of Apr 30, 2026 · Original filing |
| 92 | iShares MSCI ACWI ETF iShares Trust | 1,403,158 | 4.1M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 93 | Schwab Fundamental Emerging Markets Equity Index Fund SCHWAB CAPITAL TRUST | 1,383,676 | 4.1M $ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 94 | iShares MSCI ACWI ex U.S. ETF iShares Trust | 1,366,887 | 4M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 95 | Global Macro Capital Opportunities Portfolio Global Macro Capital Opportunities Portfolio | 1,365,200 | 4M $ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 96 | State Street Global All Cap Equity ex-U.S. Index Portfolio STATE STREET INSTITUTIONAL INVESTMENT TRUST | 1,357,867 | 4M $ | 0.04 % | as of Mar 31, 2026 · Original filing |
| 97 | KAPITALO K10 MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,326,039 | 19.2M R$ | 0.25 % | as of Apr 30, 2026 · Original filing |
| 98 | KAPITALO K10 PREVIDÊNCIA MASTER FIF MULT RESP LIMITADA | 1,316,747 | 19.1M R$ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 99 | NEO VITALE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,206,084 | 17.5M R$ | 2.98 % | as of Apr 30, 2026 · Original filing |
| 100 | Fidelity ZERO International Index Fund Fidelity Concord Street Trust | 1,184,700 | 3.5M $ | 0.03 % | as of Apr 30, 2026 · Original filing |