| 1 | GERAÇÃO L. PAR FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES DE RESPONSABILIDADE LIMITADA | 32,000,000 | 199.4M R$ | 3.18 % | as of Apr 30, 2026 · Original filing |
| 2 | CSN INVEST FUNDO DE INVESTIMENTO EM AÇÕES | 11,157,854 | 69.5M R$ | 72.48 % | as of Apr 30, 2026 · Original filing |
| 3 | Schwab Fundamental Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 8,447,935 | 14.2M $ | 0.15 % | as of Feb 28, 2026 · Original filing |
| 4 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 7,296,292 | 12.3M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 5 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 7,291,133 | 9.2M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 6 | PIMCO RAE Emerging Markets Fund PIMCO Equity Series | 6,711,900 | 8.2M $ | 0.29 % | as of Mar 31, 2026 · Original filing |
| 7 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 6,075,844 | 7.6M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 8 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 3,282,396 | 5.5M $ | 1.51 % | as of Feb 28, 2026 · Original filing |
| 9 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 3,113,810 | 3.9M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 10 | KAPITALO ZETA MERIDIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,646,500 | 16.5M R$ | 0.36 % | as of Apr 30, 2026 · Original filing |
| 11 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,542,859 | 15.8M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 12 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,422,160 | 15.1M R$ | 0.44 % | as of Apr 30, 2026 · Original filing |
| 13 | DIMENSIONAL EMERGING MARKETS VALUE FUND DIMENSIONAL EMERGING MARKETS VALUE FUND | 2,157,837 | 2.7M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 14 | ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 2,097,200 | 13.1M R$ | 0.95 % | as of Apr 30, 2026 · Original filing |
| 15 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 1,603,981 | 10.1M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 16 | Schwab Fundamental Emerging Markets Equity Index Fund SCHWAB CAPITAL TRUST | 1,587,231 | 2M $ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 17 | Invesco RAFI Emerging Markets ETF Invesco Exchange-Traded Fund Trust II | 1,526,882 | 1.9M $ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 18 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 1,283,997 | 7.2M R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 19 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 1,017,839 | 1.3M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 20 | iShares Core MSCI Total International Stock ETF iShares Trust | 858,768 | 1.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 21 | ITAÚ ARTAX ENDURANCE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 786,200 | 4.9M R$ | 0.40 % | as of Apr 30, 2026 · Original filing |
| 22 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 773,351 | 973K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 23 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 762,812 | 1.3M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 24 | SPEEDWAY LONG SHORT MASTER FUNDO DE INVESTIMENTO MULTIMERCADO | 759,320 | 4.7M R$ | 1.24 % | as of Apr 30, 2026 · Original filing |
| 25 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 747,402 | 4.7M R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 26 | iShares MSCI Global Metals & Mining Producers ETF iShares, Inc. | 731,347 | 1.2M $ | 0.06 % | as of Feb 28, 2026 · Original filing |
| 27 | Storebrand Emerging Markets Storebrand Asset Management AS | 729,477 | 8.4M SEK | 0.04 % | as of Mar 31, 2026 · Original filing |
| 28 | ITAÚ ARTAX ULTRA MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 721,100 | 4.5M R$ | 0.44 % | as of Apr 30, 2026 · Original filing |
| 29 | MANTIQUEIRA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 660,600 | 4.1M R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 30 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 611,900 | 741.7K $ | 0.15 % | as of Mar 31, 2026 · Original filing |
| 31 | VIROFLAY FIF PREVIDENCIÁRIO CLASSE DE INVESTIMENTO MULTIMERCADO PREV RESP LIMITADA | 594,500 | 3.7M R$ | 1.82 % | as of Apr 30, 2026 · Original filing |
| 32 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 561,992 | 3.5M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 33 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 557,318 | 3.5M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 34 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 508,551 | 635.9K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 35 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 479,100 | 3M R$ | 0.64 % | as of Apr 30, 2026 · Original filing |
| 36 | ABSOLUTE VERTEX MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 464,260 | 647.9K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 37 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 427,937 | 2.7M R$ | 0.87 % | 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 | 397,498 | 481.8K $ | 0.07 % | as of Mar 31, 2026 · Original filing |
| 39 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 374,100 | 470.7K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 40 | KAPITALO MASTER V FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 349,640 | 2.2M R$ | 1.09 % | as of Apr 30, 2026 · Original filing |
| 41 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 344,670 | 2.1M R$ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 42 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 341,834 | 2.1M R$ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 43 | OCCAM RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 336,554 | 2.1M R$ | 0.40 % | as of Apr 30, 2026 · Original filing |
| 44 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 336,300 | 411K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 45 | ITAÚ FLEXPREV ARTAX FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 335,600 | 2.1M R$ | 0.22 % | as of Apr 30, 2026 · Original filing |
| 46 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 327,395 | 411.9K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 47 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 320,283 | 2M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 48 | CAPITANIA CASH & CARRY FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA LP - RESPONSABILIDADE LTDA | 320,181 | 295.9K R$ | 0.35 % | as of Apr 30, 2026 · Original filing |
| 49 | ITAÚ ARTAX MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 307,700 | 1.9M R$ | 0.21 % | as of Apr 30, 2026 · Original filing |
| 50 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 301,492 | 1.9M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 51 | BTG PACTUAL SYNERGY EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 299,459 | 1.9M R$ | 0.18 % | as of Apr 30, 2026 · Original filing |
| 52 | GIANT ZARATHUSTRA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 294,800 | 1.8M R$ | 0.81 % | as of Apr 30, 2026 · Original filing |
| 53 | Dimensional World ex. U.S. Core Equity 2 ETF Dimensional ETF Trust | 285,970 | 357.6K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 54 | SHARP TE1 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 268,792 | 267.8K R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 55 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 262,641 | 1.6M R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 56 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 259,100 | 1.6M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 57 | FIF - CLASSE DE INVESTIMENTO EM AÇÕES VIVEST IBOVESPA ATIVO RESP LIMITADA | 253,100 | 1.6M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 58 | ITAÚ FLEXPREV MASTER GD MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 251,400 | 1.6M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 59 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 246,500 | 1.5M R$ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 60 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 244,897 | 1.5M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 61 | QUANTITAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 244,139 | 1.5M R$ | 0.18 % | as of Apr 30, 2026 · Original filing |
| 62 | V8 SHELBY MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 231,600 | 1.4M R$ | 2.78 % | as of Apr 30, 2026 · Original filing |
| 63 | SAFRA KEPLER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 219,152 | 1.4M R$ | 0.76 % | as of Apr 30, 2026 · Original filing |
| 64 | Dimensional Emerging Markets Value ETF Dimensional ETF Trust | 210,923 | 263.7K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 65 | Emerging Markets Social Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 198,667 | 249.9K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 66 | AVANTGARDE MULTIFATORES ABSOLUTO FUNDO DE INVESTIMENTO MULTIMERCADO | 179,400 | 1.1M R$ | 2.23 % | as of Apr 30, 2026 · Original filing |
| 67 | BTG PACTUAL E2 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 166,646 | 1M R$ | 0.47 % | as of Apr 30, 2026 · Original filing |
| 68 | SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 164,288 | 1M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 69 | BRAM H PASSIVO IBRX FI FINANCEIRO - CIA - RESP LIMITADA | 163,396 | 1M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 70 | SAFRA GALILEO MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 162,916 | 1M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 71 | iShares MSCI Emerging Markets Small-Cap ETF iShares, Inc. | 161,542 | 271.6K $ | 0.06 % | as of Feb 28, 2026 · Original filing |
| 72 | World ex U.S. Core Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 150,260 | 189K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 73 | State Street Global All Cap Equity ex-U.S. Index Portfolio STATE STREET INSTITUTIONAL INVESTMENT TRUST | 149,200 | 180.9K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 74 | ENCORE LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 146,400 | 912.1K R$ | 0.42 % | as of Apr 30, 2026 · Original filing |
| 75 | BB TOP AÇÕES IBOVESPA INDEXADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 144,795 | 902.1K R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 76 | ITAÚ PREVIDÊNCIA IBRX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 141,998 | 884.6K R$ | 0.38 % | as of Apr 30, 2026 · Original filing |
| 77 | GENOA CAPITAL RADAR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 138,294 | 861.6K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 78 | GIANT DAO MULTIFACTOR LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 134,400 | 837.3K R$ | 0.75 % | as of Apr 30, 2026 · Original filing |
| 79 | BRADESCO MÁSTER IBOVESPA FI FINANCEIRO - CIA - RESP LIMITADA | 131,822 | 821.3K R$ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 80 | CR FUNDO DE INVESTIMENTO FINANCEIRO | 127,000 | 791.2K R$ | 1.72 % | as of Apr 30, 2026 · Original filing |
| 81 | SAFRA KEPLER ADVANCED MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 122,172 | 761.1K R$ | 0.45 % | as of Apr 30, 2026 · Original filing |
| 82 | VOKIN ESSENCIAL MATTERHORN CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 120,800 | 752.6K R$ | 3.30 % | as of Apr 30, 2026 · Original filing |
| 83 | TRUXT LONG SHORT PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 120,324 | 749.6K R$ | 0.75 % | as of Apr 30, 2026 · Original filing |
| 84 | SAFRA KEPLER MACRO MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 115,207 | 717.7K R$ | 0.81 % | as of Apr 30, 2026 · Original filing |
| 85 | SAFRA KEPLER EQUITY HEDGE FIF CLASSE DE INV EM COTAS MULTIMERCADO RESP LIMITADA | 113,564 | 707.5K R$ | 0.47 % | as of Apr 30, 2026 · Original filing |
| 86 | Emerging Markets Targeted Value Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 112,253 | 141.2K $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 87 | ITAÚ AÇÕES DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 109,800 | 684.1K R$ | 0.28 % | as of Apr 30, 2026 · Original filing |
| 88 | UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 108,992 | 679K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 89 | VANGUARD ESG INTERNATIONAL STOCK ETF VANGUARD WORLD FUND | 107,634 | 181K $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 90 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 105,555 | 132.8K $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 91 | BTG PACTUAL SYNERGY EQUITY HEDGE FIFE PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 105,550 | 657.6K R$ | 0.24 % | as of Apr 30, 2026 · Original filing |
| 92 | MIDAS FUNDO DE INVESTIMENTO FINANCEIRO | 100,000 | 623K R$ | 2.97 % | as of Apr 30, 2026 · Original filing |
| 93 | EQI MASTER TERMO FUNDO DE INVESTIMENTO FINANCEIRO RENDA FIXA | 100,000 | 623K R$ | 1.83 % | as of Apr 30, 2026 · Original filing |
| 94 | BRAM FI FINANCEIRO - CIA IBOVESPA - RESP LIMITADA | 97,919 | 610K R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 95 | GENOA CAPITAL CRUISE PREV A FIFE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 94,900 | 591.2K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 96 | NEO VITALE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 94,271 | 587.3K R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 97 | CAIXA BRASIL INDEXA IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 88,254 | 549.8K R$ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 98 | BRAM EQUITY HEDGE FI FINANCEIRO - CI MULT - RESP LIMITADA | 86,700 | 540.1K R$ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 99 | LEGACY CAPITAL ALPHA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 86,469 | 538.7K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 100 | World ex U.S. Targeted Value Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 75,831 | 95.4K $ | 0.01 % | as of Apr 30, 2026 · Original filing |