| 1 | ABS TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 3,608,762 | 146.3M R$ | 7.07 % | as of Apr 30, 2026 · Original filing |
| 2 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 2,525,495 | 20.7M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 3 | Invesco S&P Global Water Index ETF Invesco Exchange-Traded Fund Trust II | 2,059,946 | 16.8M $ | 1.62 % | as of Apr 30, 2026 · Original filing |
| 4 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 2,051,997 | 16.8M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 5 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 1,379,458 | 11.3M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 6 | FlexShares Morningstar Global Upstream Natural Resources Index Fund FlexShares Trust | 1,215,800 | 9.9M $ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 7 | WisdomTree Emerging Markets SmallCap Dividend Fund WisdomTree Trust | 1,106,678 | 9.4M $ | 0.58 % | as of Mar 31, 2026 · Original filing |
| 8 | WisdomTree Emerging Markets High Dividend Fund WisdomTree Trust | 1,014,096 | 8.6M $ | 0.25 % | as of Mar 31, 2026 · Original filing |
| 9 | CAIXA MASTER AÇÕES LIVRE QUANTITATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 999,750 | 40.5M R$ | 4.43 % | as of Apr 30, 2026 · Original filing |
| 10 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 888,109 | 7.3M $ | 0.19 % | as of Apr 30, 2026 · Original filing |
| 11 | Calvert Global Water Fund Calvert Impact Fund, Inc. | 875,300 | 7.5M $ | 1.39 % | as of Mar 31, 2026 · Original filing |
| 12 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 840,635 | 7.4M $ | 2.03 % | as of Feb 28, 2026 · Original filing |
| 13 | ECLIPSEON FUNDO DE INVESTIMENTO EM AÇÕES | 773,120 | 31.3M R$ | 3.30 % | as of Apr 30, 2026 · Original filing |
| 14 | Empower Emerging Markets Equity Fund EMPOWER FUNDS, INC. | 710,900 | 6.1M $ | 0.36 % | as of Mar 31, 2026 · Original filing |
| 15 | MAMORÉ FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 532,244 | 21.6M R$ | 3.82 % | as of Apr 30, 2026 · Original filing |
| 16 | VIROFLAY FIF PREVIDENCIÁRIO CLASSE DE INVESTIMENTO MULTIMERCADO PREV RESP LIMITADA | 509,600 | 20.7M R$ | 10.16 % | as of Apr 30, 2026 · Original filing |
| 17 | Lazard Emerging Markets Equity Advantage Portfolio LAZARD FUNDS INC | 493,000 | 4.2M $ | 0.57 % | as of Mar 31, 2026 · Original filing |
| 18 | Goldman Sachs Emerging Markets Equity Insights Fund Goldman Sachs Trust | 454,600 | 3.7M $ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 19 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 393,500 | 3.2M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 20 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 379,500 | 3.3M $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 21 | DHARMA CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 364,400 | 14.8M R$ | 8.33 % | as of Apr 30, 2026 · Original filing |
| 22 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 362,036 | 3.2M $ | 0.03 % | as of Feb 28, 2026 · Original filing |
| 23 | International Small Cap Portfolio Bernstein Fund Inc | 357,400 | 3.1M $ | 0.26 % | as of Mar 31, 2026 · Original filing |
| 24 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 344,935 | 14M R$ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 25 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 244,075 | 9.9M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 26 | AURUM FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 240,300 | 9.7M R$ | 37.29 % | as of Apr 30, 2026 · Original filing |
| 27 | INTER DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 240,000 | 9.7M R$ | 9.20 % | as of Apr 30, 2026 · Original filing |
| 28 | ARTESANAL D+2 FUNDO DE INVESTIMENTO MULTIMERCADO | 230,808 | 9.4M R$ | 0.34 % | as of Apr 30, 2026 · Original filing |
| 29 | VERDE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 210,600 | 8.5M R$ | 0.15 % | as of Apr 30, 2026 · Original filing |
| 30 | ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 209,500 | 8.5M R$ | 0.62 % | as of Apr 30, 2026 · Original filing |
| 31 | TÁVOLA EQUITY HEDGE 15 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 203,200 | 8.2M R$ | 2.66 % | as of Apr 30, 2026 · Original filing |
| 32 | William Blair Emerging Markets Small Cap Growth Fund WILLIAM BLAIR FUNDS | 200,100 | 1.7M $ | 0.45 % | as of Mar 31, 2026 · Original filing |
| 33 | Pacer Emerging Markets Cash Cows 100 ETF Pacer Funds Trust | 188,593 | 1.6M $ | 0.77 % | as of Apr 30, 2026 · Original filing |
| 34 | SAFRA PREV KEPLER ADVANCED FIF PREVIDENCIÁRIO CLASSE DE INV MULTIMERCADO PREV RESP LIMITADA | 171,500 | 7M R$ | 1.41 % | as of Apr 30, 2026 · Original filing |
| 35 | HEIWA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 167,616 | 6.8M R$ | 3.95 % | as of Apr 30, 2026 · Original filing |
| 36 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 159,730 | 6.5M R$ | 2.12 % | as of Apr 30, 2026 · Original filing |
| 37 | CONSILIUM FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 154,600 | 6.3M R$ | 5.84 % | as of Apr 30, 2026 · Original filing |
| 38 | State Street(R) SPDR(R) S&P(R) Emerging Markets Small Cap ETF SPDR INDEX SHARES FUNDS | 150,114 | 1.3M $ | 0.19 % | as of Mar 31, 2026 · Original filing |
| 39 | ARC I FUNDO DE INVESTIMENTO FINANCEIRO - AÇÕES RESPONSABILIDADE LIMITADA | 150,000 | 6.1M R$ | 17.61 % | as of Apr 30, 2026 · Original filing |
| 40 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 147,700 | 1.3M $ | 0.25 % | as of Mar 31, 2026 · Original filing |
| 41 | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND VANGUARD WHITEHALL FUNDS | 144,600 | 1.2M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 42 | SSGA Emerging Markets Enhanced Index Portfolio Brighthouse Funds Trust I | 138,100 | 1.2M $ | 0.11 % | as of Mar 31, 2026 · Original filing |
| 43 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 135,610 | 5.5M R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 44 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 130,533 | 5.3M R$ | 1.14 % | as of Apr 30, 2026 · Original filing |
| 45 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 127,425 | 1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 46 | ABSOLUTE ALPHA MARB MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 125,500 | 5.1M R$ | 1.83 % | as of Apr 30, 2026 · Original filing |
| 47 | CAIXA AÇÕES LIVRE QUANTITATIVO PREVINVEST PREVIDENCIÁRIO FIF EM AÇÕES - RESPONSABILIDADE LIMITADA | 124,400 | 5M R$ | 4.01 % | as of Apr 30, 2026 · Original filing |
| 48 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 119,668 | 979.7K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 49 | CAIXA FUNDO MÚTUO DE PRIVATIZAÇÃO - FGTS CARTEIRA LIVRE - FGTS CL ABSOLUTO - RESP LIMITADA | 118,200 | 4.8M R$ | 3.88 % | as of Apr 30, 2026 · Original filing |
| 50 | ACE CAPITAL ABSOLUTO INSTITUCIONAL MASTER FI FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 111,400 | 4.5M R$ | 2.18 % | as of Apr 30, 2026 · Original filing |
| 51 | NVIT International Equity Fund Nationwide Variable Insurance Trust | 110,100 | 946.5K $ | 0.21 % | as of Mar 31, 2026 · Original filing |
| 52 | SEA LOBSTER FUNDO DE INVESTIMENTO EM AÇÕES | 110,000 | 4.5M R$ | 3.54 % | as of Apr 30, 2026 · Original filing |
| 53 | BB TOP ARBITRAGEM ALAVANCADO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO LONGO PRAZO RESP LIMITADA | 109,700 | 4.4M R$ | 1.74 % | as of Apr 30, 2026 · Original filing |
| 54 | MOAT CAPITAL EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 107,936 | 4.4M R$ | 2.91 % | as of Apr 30, 2026 · Original filing |
| 55 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 107,000 | 919.9K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 56 | Emerging Markets Social Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 101,609 | 831.9K $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 57 | TAVOLA ABSOLUTO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 99,056 | 4M R$ | 5.16 % | as of Apr 30, 2026 · Original filing |
| 58 | LEME ICATU QUALIFICADO PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 97,200 | 3.9M R$ | 2.28 % | as of Apr 30, 2026 · Original filing |
| 59 | VanEck Brazil Small-Cap ETF VanEck ETF Trust | 93,100 | 800.4K $ | 3.26 % | as of Mar 31, 2026 · Original filing |
| 60 | World ex U.S. Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 85,475 | 699.8K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 61 | FlexShares Morningstar Emerging Markets Factor Tilt Index Fund FlexShares Trust | 84,600 | 688.4K $ | 0.20 % | as of Apr 30, 2026 · Original filing |
| 62 | AC PREV EQUITIES FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 72,342 | 2.9M R$ | 2.63 % | as of Apr 30, 2026 · Original filing |
| 63 | ITAÚ ARTAX ENDURANCE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 70,300 | 2.8M R$ | 0.24 % | as of Apr 30, 2026 · Original filing |
| 64 | OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 70,000 | 2.8M R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 65 | QUANTITAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 69,800 | 2.8M R$ | 0.34 % | as of Apr 30, 2026 · Original filing |
| 66 | Emerging Markets ex China Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 68,000 | 556.7K $ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 67 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 67,600 | 2.7M R$ | 0.28 % | as of Apr 30, 2026 · Original filing |
| 68 | SAFRA KEPLER ADVANCED MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 66,400 | 2.7M R$ | 1.58 % | as of Apr 30, 2026 · Original filing |
| 69 | Fidelity ZERO International Index Fund Fidelity Concord Street Trust | 65,800 | 538.7K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 70 | MAR DO ALTO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 62,683 | 2.5M R$ | 6.19 % | as of Apr 30, 2026 · Original filing |
| 71 | ITAÚ ARTAX ULTRA MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 61,900 | 2.5M R$ | 0.25 % | as of Apr 30, 2026 · Original filing |
| 72 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 61,000 | 2.5M R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 73 | ENRICA FUNDO DE INVESTIMENTO EM AÇÕES | 60,000 | 2.4M R$ | 11.69 % | as of Apr 30, 2026 · Original filing |
| 74 | Emerging Markets Portfolio PACIFIC SELECT FUND | 60,000 | 515.8K $ | 0.06 % | as of Mar 31, 2026 · Original filing |
| 75 | VANGUARD ESG INTERNATIONAL STOCK ETF VANGUARD WORLD FUND | 59,700 | 525.2K $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 76 | SAFRA KEPLER EQUITY HEDGE FIF CLASSE DE INV EM COTAS MULTIMERCADO RESP LIMITADA | 59,500 | 2.4M R$ | 1.59 % | as of Apr 30, 2026 · Original filing |
| 77 | GMO Emerging Markets ex-China Fund GMO TRUST | 56,862 | 500.2K $ | 0.51 % | as of Feb 28, 2026 · Original filing |
| 78 | Catholic Responsible Investments International Small-Cap Fund Catholic Responsible Investments Funds | 56,500 | 466K $ | 0.38 % | as of Apr 30, 2026 · Original filing |
| 79 | CENTAURO DO PAMPA CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 56,400 | 2.3M R$ | 4.89 % | as of Apr 30, 2026 · Original filing |
| 80 | FRANKLIN MULTIPREV IBOVESPA ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 55,900 | 2.3M R$ | 0.37 % | as of Apr 30, 2026 · Original filing |
| 81 | SAFRA KEPLER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 53,500 | 2.2M R$ | 1.21 % | as of Apr 30, 2026 · Original filing |
| 82 | ITAÚ PREVIDÊNCIA IBRX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 53,100 | 2.2M R$ | 0.92 % | as of Apr 30, 2026 · Original filing |
| 83 | Fidelity Water Sustainability Fund Fidelity Summer Street Trust | 52,641 | 463.1K $ | 0.27 % | as of Feb 28, 2026 · Original filing |
| 84 | ACE CAPITAL ABSOLUTO MASTER FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 50,000 | 2M R$ | 2.13 % | as of Apr 30, 2026 · Original filing |
| 85 | VENTOR RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 49,500 | 2M R$ | 1.96 % | as of Apr 30, 2026 · Original filing |
| 86 | FOC RV 2 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 48,666 | 2M R$ | 5.64 % | as of Apr 30, 2026 · Original filing |
| 87 | SPARTA CÍCLICO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 48,600 | 2M R$ | 6.97 % | as of Apr 30, 2026 · Original filing |
| 88 | UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 47,974 | 1.9M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 89 | PRINZ ENDURANCE FUNDO DE INVESTIMENTO EM AÇÕES | 47,700 | 1.9M R$ | 4.70 % | as of Apr 30, 2026 · Original filing |
| 90 | VERSA GENESIS TOTAL RETURN FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 45,300 | 1.8M R$ | 10.54 % | as of Apr 30, 2026 · Original filing |
| 91 | BRAM H PASSIVO IBRX FI FINANCEIRO - CIA - RESP LIMITADA | 45,132 | 1.8M R$ | 0.28 % | as of Apr 30, 2026 · Original filing |
| 92 | INTER AÇÕES VALOR FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 45,000 | 1.8M R$ | 4.80 % | as of Apr 30, 2026 · Original filing |
| 93 | JPMorgan Diversified Return Emerging Markets Equity ETF J.P. Morgan Exchange-Traded Fund Trust | 44,697 | 370.9K $ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 94 | Voya VACS Series EME Fund Voya Mutual Funds | 44,295 | 367.6K $ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 95 | DARDANELOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 40,900 | 1.7M R$ | 4.34 % | as of Apr 30, 2026 · Original filing |
| 96 | BARRACUDA FUNDO DE INVESTIMENTO MULTIMERCADO | 40,600 | 1.6M R$ | 6.38 % | as of Apr 30, 2026 · Original filing |
| 97 | CAIXA INFRAESTRUTURA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 40,578 | 1.6M R$ | 1.14 % | as of Apr 30, 2026 · Original filing |
| 98 | Emerging Markets Sustainability Core 1 Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 39,700 | 325K $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 99 | GIANT DAO MULTIFACTOR LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 38,800 | 1.6M R$ | 1.41 % | as of Apr 30, 2026 · Original filing |
| 100 | BNB SELEÇÃO CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 38,500 | 1.6M R$ | 1.82 % | as of Apr 30, 2026 · Original filing |