| 1 | CAIXA SEGURIDADE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 24,847,453 | 449.5M R$ | 99.69 % | as of Apr 30, 2026 · Original filing |
| 2 | iShares MSCI Brazil ETF iShares, Inc. | 13,142,301 | 45.6M $ | 0.47 % | as of Feb 28, 2026 · Original filing |
| 3 | Virtus KAR International Small-Mid Cap Fund Virtus Opportunities Trust | 12,091,537 | 42.5M $ | 5.37 % | as of Mar 31, 2026 · Original filing |
| 4 | AZ QUEST LOW VOL FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 10,700,000 | 193.6M R$ | 6.89 % | as of Apr 30, 2026 · Original filing |
| 5 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 8,670,400 | 31.7M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 6 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 8,250,600 | 30.1M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 7 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 6,959,560 | 125.5M R$ | 0.97 % | as of Apr 30, 2026 · Original filing |
| 8 | IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 6,619,665 | 119.7M R$ | 6.13 % | as of Apr 30, 2026 · Original filing |
| 9 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 6,155,303 | 21.4M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 10 | Virtus KAR Emerging Markets Small-Cap Fund Virtus Opportunities Trust | 5,884,923 | 20.7M $ | 6.14 % | as of Mar 31, 2026 · Original filing |
| 11 | JNL Multi-Manager Emerging Markets Equity Fund JNL Series Trust | 4,026,096 | 14.2M $ | 1.02 % | as of Mar 31, 2026 · Original filing |
| 12 | Fidelity Emerging Markets Discovery Fund Fidelity Investment Trust | 3,989,390 | 14.6M $ | 0.98 % | as of Apr 30, 2026 · Original filing |
| 13 | BTG PACTUAL SYNERGY LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 3,342,603 | 60.5M R$ | 9.13 % | as of Apr 30, 2026 · Original filing |
| 14 | FlexShares International Quality Dividend Index Fund FlexShares Trust | 2,401,700 | 8.7M $ | 0.79 % | as of Apr 30, 2026 · Original filing |
| 15 | Virtus Tactical Allocation Fund Virtus Equity Trust | 2,074,636 | 7.3M $ | 1.33 % | as of Mar 31, 2026 · Original filing |
| 16 | POSITIVO IV FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITDA | 1,754,500 | 31.7M R$ | 4.14 % | as of Apr 30, 2026 · Original filing |
| 17 | CLASSE ÚNICA DO TROJANS 95 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 1,754,500 | 31.7M R$ | 4.14 % | as of Apr 30, 2026 · Original filing |
| 18 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 1,728,513 | 29.9M R$ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 19 | BTG PACTUAL SYNERGY EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,634,195 | 29.6M R$ | 2.84 % | as of Apr 30, 2026 · Original filing |
| 20 | VINLAND MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,595,935 | 28.9M R$ | 3.91 % | as of Apr 30, 2026 · Original filing |
| 21 | AP7 Aktiefond Sjunde AP-fonden | 1,575,124 | 52.7M SEK | 0.00 % | as of Mar 31, 2026 · Original filing |
| 22 | iShares MSCI Emerging Markets ETF iShares, Inc. | 1,522,441 | 5.3M $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 23 | First Trust International Equity Opportunities ETF First Trust Exchange-Traded Fund II | 1,450,494 | 5.1M $ | 3.26 % | as of Mar 31, 2026 · Original filing |
| 24 | Franklin Global Allocation Fund Franklin Fund Allocator Series | 1,401,400 | 5M $ | 0.18 % | as of Mar 31, 2026 · Original filing |
| 25 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,380,400 | 5M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 26 | iShares MSCI Emerging Markets ex China ETF iShares, Inc. | 1,285,815 | 4.5M $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 27 | VINLAND MACRO PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,208,508 | 21.9M R$ | 7.71 % | as of Apr 30, 2026 · Original filing |
| 28 | Fidelity Series Global ex U.S. Index Fund Fidelity Salem Street Trust | 1,141,500 | 4.2M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 29 | CAIXA SEGURIDADE II FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES - RESPONSABILIDADE LIMITADA | 1,115,495 | 20.2M R$ | 99.61 % | as of Apr 30, 2026 · Original filing |
| 30 | Victory Market Neutral Income Fund Victory Portfolios II | 915,174 | 3.2M $ | 0.11 % | as of Mar 31, 2026 · Original filing |
| 31 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 855,091 | 15.5M R$ | 0.58 % | as of Apr 30, 2026 · Original filing |
| 32 | iShares Core MSCI Total International Stock ETF iShares Trust | 788,015 | 2.9M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 33 | Fidelity Emerging Markets Index Fund Fidelity Salem Street Trust | 720,300 | 2.6M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 34 | BTG PACTUAL E2 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 666,038 | 12M R$ | 5.45 % | as of Apr 30, 2026 · Original filing |
| 35 | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND VANGUARD WHITEHALL FUNDS | 637,300 | 2.3M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 36 | Invesco S&P Emerging Markets Low Volatility ETF Invesco Exchange-Traded Fund Trust II | 622,210 | 2.3M $ | 0.51 % | as of Apr 30, 2026 · Original filing |
| 37 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 611,900 | 2.2M $ | 0.43 % | as of Mar 31, 2026 · Original filing |
| 38 | Goldman Sachs ActiveBeta(R) Emerging Markets Equity ETF Goldman Sachs ETF Trust | 603,940 | 2.1M $ | 0.14 % | as of Feb 28, 2026 · Original filing |
| 39 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 600,740 | 2.1M $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 40 | INTER DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 560,000 | 10.1M R$ | 9.58 % | as of Apr 30, 2026 · Original filing |
| 41 | SEB Emerging Marketsfond SEB Funds AB | 552,843 | 18.5M SEK | 0.22 % | as of Mar 31, 2026 · Original filing |
| 42 | ÁGORA DIVIDENDOS INDEX FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 523,710 | 9.5M R$ | 19.82 % | as of Apr 30, 2026 · Original filing |
| 43 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 517,125 | 9.4M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 44 | Virtus KAR Global Small-Cap Fund Virtus Investment Trust | 510,515 | 1.8M $ | 5.25 % | as of Mar 31, 2026 · Original filing |
| 45 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 502,000 | 1.8M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 46 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 490,658 | 8.9M R$ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 47 | OCCAM RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 468,987 | 8.5M R$ | 1.60 % | as of Apr 30, 2026 · Original filing |
| 48 | Nuveen Emerging Markets Equity Index Fund TIAA-CREF Funds | 458,900 | 1.7M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 49 | Storebrand Emerging Markets Storebrand Asset Management AS | 452,250 | 15.1M SEK | 0.07 % | as of Mar 31, 2026 · Original filing |
| 50 | CAIXA DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 437,800 | 7.9M R$ | 2.15 % | as of Apr 30, 2026 · Original filing |
| 51 | Storebrand Emerging Markets Plus Storebrand Asset Management AS | 424,079 | 14.2M SEK | 0.05 % | as of Mar 31, 2026 · Original filing |
| 52 | BTG PACTUAL SYNERGY EQUITY HEDGE FIFE PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 419,616 | 7.6M R$ | 2.75 % | as of Apr 30, 2026 · Original filing |
| 53 | BARRACUDA FUNDO DE INVESTIMENTO MULTIMERCADO | 400,000 | 7.2M R$ | 28.06 % | as of Apr 30, 2026 · Original filing |
| 54 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 390,100 | 1.4M $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 55 | DOM BOSCO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES - RESPONSABILIDADE LIMITADA | 387,200 | 7M R$ | 1.30 % | as of Apr 30, 2026 · Original filing |
| 56 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 359,051 | 1.3M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 57 | NEO VITALE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 355,242 | 6.4M R$ | 1.09 % | as of Apr 30, 2026 · Original filing |
| 58 | BZ LOCAL FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 352,212 | 6.4M R$ | 2.45 % | as of Apr 30, 2026 · Original filing |
| 59 | MOAT CAPITAL EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 332,902 | 6M R$ | 4.00 % | as of Apr 30, 2026 · Original filing |
| 60 | VINLAND PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 326,187 | 5.9M R$ | 5.32 % | as of Apr 30, 2026 · Original filing |
| 61 | ITAÚ FLEXPREV DIVIDENDOS INDEXADO FIF AÇÕES - RESP LIMITADA | 326,100 | 5.9M R$ | 2.33 % | as of Apr 30, 2026 · Original filing |
| 62 | Fidelity Global ex U.S. Index Fund Fidelity Salem Street Trust | 307,800 | 1.1M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 63 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 284,100 | 5.1M R$ | 0.41 % | as of Apr 30, 2026 · Original filing |
| 64 | KAPITALO K10 MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 279,925 | 5.1M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 65 | KAPITALO K10 PREVIDÊNCIA MASTER FIF MULT RESP LIMITADA | 276,168 | 5M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 66 | FRANKLIN MULTIPREV IBOVESPA ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 275,800 | 5M R$ | 0.81 % | as of Apr 30, 2026 · Original filing |
| 67 | Global X MSCI SuperDividend Emerging Markets ETF GLOBAL X FUNDS | 269,600 | 978.9K $ | 2.13 % | as of Apr 30, 2026 · Original filing |
| 68 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 269,531 | 984.7K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 69 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 266,538 | 4.8M R$ | 0.32 % | as of Apr 30, 2026 · Original filing |
| 70 | Fidelity SAI Emerging Markets Index Fund Fidelity Salem Street Trust | 258,000 | 942.5K $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 71 | SPEEDWAY LONG SHORT MASTER FUNDO DE INVESTIMENTO MULTIMERCADO | 254,000 | 4.6M R$ | 1.21 % | as of Apr 30, 2026 · Original filing |
| 72 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 252,900 | 884K $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 73 | SPRINGS EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 251,500 | 4.5M R$ | 1.21 % | as of Apr 30, 2026 · Original filing |
| 74 | BB TOP ARBITRAGEM ALAVANCADO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO LONGO PRAZO RESP LIMITADA | 249,900 | 4.5M R$ | 1.77 % | as of Apr 30, 2026 · Original filing |
| 75 | ITAÚ AÇÕES DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 242,500 | 4.4M R$ | 1.80 % | as of Apr 30, 2026 · Original filing |
| 76 | Global Macro Capital Opportunities Portfolio Global Macro Capital Opportunities Portfolio | 241,200 | 881.2K $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 77 | NEO PROVECTUS II FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 238,406 | 4.3M R$ | 1.25 % | as of Apr 30, 2026 · Original filing |
| 78 | Virtus Tactical Allocation Series Virtus Variable Insurance Trust | 220,835 | 776.8K $ | 1.33 % | as of Mar 31, 2026 · Original filing |
| 79 | BRASILPREV KINEA SIGMA PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 219,604 | 4M R$ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 80 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 216,500 | 3.9M R$ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 81 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 201,800 | 3.7M R$ | 0.38 % | as of Apr 30, 2026 · Original filing |
| 82 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 201,700 | 3.6M R$ | 0.41 % | as of Apr 30, 2026 · Original filing |
| 83 | THE EMERGING MARKETS SERIES DFA INVESTMENT TRUST CO | 199,495 | 728.8K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 84 | KINEA PREV APOLO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 193,810 | 3.5M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 85 | DAHLIA EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 183,900 | 3.3M R$ | 1.50 % | as of Apr 30, 2026 · Original filing |
| 86 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 181,800 | 3.3M R$ | 0.38 % | as of Apr 30, 2026 · Original filing |
| 87 | V8 SS MASTER CLASSE DE INVESTIMENTO RENDA FIXA - RESP LIMITADA | 181,700 | 3.4M R$ | 1.16 % | as of Apr 30, 2026 · Original filing |
| 88 | ALPHAKEY LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 180,900 | 3.3M R$ | 1.98 % | as of Apr 30, 2026 · Original filing |
| 89 | SÃO JOÃO III FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 180,033 | 3.3M R$ | 2.71 % | as of Apr 30, 2026 · Original filing |
| 90 | FlexShares International Quality Dividend Dynamic Index Fund FlexShares Trust | 177,500 | 644.5K $ | 0.63 % | as of Apr 30, 2026 · Original filing |
| 91 | SANTANDER PREV PB RRG MULTIMERCADO CRÉDITO PRIVADO - FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 166,100 | 3M R$ | 5.83 % | as of Apr 30, 2026 · Original filing |
| 92 | Fidelity ZERO International Index Fund Fidelity Concord Street Trust | 160,900 | 587.8K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 93 | ITAÚ PREVIDÊNCIA IBRX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 158,100 | 2.9M R$ | 1.22 % | as of Apr 30, 2026 · Original filing |
| 94 | LVIP Franklin Templeton Multi-Factor Emerging Markets Equity Fund LINCOLN VARIABLE INSURANCE PRODUCTS TRUST | 158,100 | 556.1K $ | 0.10 % | as of Mar 31, 2026 · Original filing |
| 95 | BNP PARIBAS SMALL CAPS CLASSE DE INVESTIMENTO EM AÇÕES - RESPONSABILIDADE LIMITADA | 155,400 | 2.8M R$ | 4.06 % | as of Apr 30, 2026 · Original filing |
| 96 | WisdomTree Emerging Markets Multifactor Fund WisdomTree Trust | 151,663 | 532.9K $ | 0.35 % | as of Mar 31, 2026 · Original filing |
| 97 | SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 147,039 | 5.1M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 98 | NEO PROVECTUS I FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 143,720 | 2.6M R$ | 0.91 % | as of Apr 30, 2026 · Original filing |
| 99 | Virtus Global Allocation Fund Virtus Strategy Trust | 141,500 | 497.7K $ | 0.34 % | as of Mar 31, 2026 · Original filing |
| 100 | SPRINGS EQUITY HEDGE PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 139,400 | 2.5M R$ | 1.82 % | as of Apr 30, 2026 · Original filing |