| 1 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 28,131,361 | 28.6M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 2 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 27,074,702 | 27.6M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 3 | Columbia Overseas Value Fund COLUMBIA FUNDS SERIES TRUST | 16,641,531 | 20.5M $ | 0.30 % | as of Feb 28, 2026 · Original filing |
| 4 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 14,487,541 | 17.8M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 5 | PARTNER FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 11,974,926 | 60.4M R$ | 4.59 % | as of Apr 30, 2026 · Original filing |
| 6 | Columbia Variable Portfolio - Overseas Core Fund Columbia Funds Variable Series Trust II | 11,777,657 | 12.2M $ | 0.33 % | as of Mar 31, 2026 · Original filing |
| 7 | FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES MISTYQUE | 10,000,000 | 50.4M R$ | 2.92 % | as of Apr 30, 2026 · Original filing |
| 8 | ITAÚ DUNAMIS MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 9,742,200 | 49.1M R$ | 3.22 % | as of Apr 30, 2026 · Original filing |
| 9 | VERDE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 9,097,388 | 45.9M R$ | 0.79 % | as of Apr 30, 2026 · Original filing |
| 10 | VISTA MULTIESTRATEGIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 8,962,433 | 45.2M R$ | 7.73 % | as of Apr 30, 2026 · Original filing |
| 11 | SABIÁ LARANJEIRA RV FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 8,514,500 | 42.9M R$ | 24.11 % | as of Apr 30, 2026 · Original filing |
| 12 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 8,501,955 | 39.9M R$ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 13 | UBS PLÁTANO FUNDO DE INVESTIMENTO FINANCEIRO - AÇÕES RESPONSABILIDADE LIMITADA | 7,502,635 | 37.8M R$ | 4.87 % | as of Apr 30, 2026 · Original filing |
| 14 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 7,091,936 | 8.7M $ | 2.39 % | as of Feb 28, 2026 · Original filing |
| 15 | Schwab Fundamental Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 6,491,242 | 8M $ | 0.08 % | as of Feb 28, 2026 · Original filing |
| 16 | TRE STELLE FIA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 6,031,800 | 30.4M R$ | 99.98 % | as of Apr 30, 2026 · Original filing |
| 17 | OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 5,440,193 | 27.4M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 18 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 5,017,381 | 25.3M R$ | 0.57 % | as of Apr 30, 2026 · Original filing |
| 19 | RB LEGACY FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 5,000,000 | 25.2M R$ | 80.66 % | as of Apr 30, 2026 · Original filing |
| 20 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 4,535,271 | 4.6M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 21 | EVOLUTION FUNDO DE INVESTIMENTO EM AÇÕES | 4,300,000 | 21.7M R$ | 4.72 % | as of Apr 30, 2026 · Original filing |
| 22 | BTG PACTUAL SYNERGY EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 4,175,263 | 21M R$ | 2.02 % | as of Apr 30, 2026 · Original filing |
| 23 | ITAÚ INFLATION EQUITY OPPORTUNITIES MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 4,024,885 | 20.3M R$ | 2.23 % | as of Apr 30, 2026 · Original filing |
| 24 | IBIUNA LONG SHORT ST MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 4,021,068 | 20.3M R$ | 1.04 % | as of Apr 30, 2026 · Original filing |
| 25 | LAB FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES | 4,000,000 | 20.2M R$ | 1.18 % | as of Apr 30, 2026 · Original filing |
| 26 | HARPIA RV FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 3,385,388 | 17.1M R$ | 9.43 % | as of Apr 30, 2026 · Original filing |
| 27 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 3,353,602 | 16.9M R$ | 0.63 % | as of Apr 30, 2026 · Original filing |
| 28 | Columbia Overseas Core Fund Columbia Funds Series Trust II | 3,075,737 | 3.8M $ | 0.37 % | as of Feb 28, 2026 · Original filing |
| 29 | CLIQUE MASTER RENDA FIXA FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO RESP LTDA | 3,050,000 | 15.4M R$ | 1.66 % | as of Apr 30, 2026 · Original filing |
| 30 | HEVEA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 2,969,564 | 15M R$ | 14.11 % | as of Apr 30, 2026 · Original filing |
| 31 | TRIGO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 2,897,300 | 14.6M R$ | 21.01 % | as of Apr 30, 2026 · Original filing |
| 32 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 2,690,926 | 13.5M R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 33 | State Street(R) SPDR(R) Portfolio Emerging Markets ETF SPDR INDEX SHARES FUNDS | 2,448,559 | 2.5M $ | 0.02 % | as of Mar 31, 2026 · Original filing |
| 34 | BTG PACTUAL SYNERGY LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 2,368,060 | 11.9M R$ | 1.80 % | as of Apr 30, 2026 · Original filing |
| 35 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,334,205 | 11.8M R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 36 | FHS FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES | 2,272,400 | 11.5M R$ | 2.45 % | as of Apr 30, 2026 · Original filing |
| 37 | SPX RAPTOR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 2,215,264 | 11.2M R$ | 0.19 % | as of Apr 30, 2026 · Original filing |
| 38 | DAHLIA TOTAL RETURN MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 2,182,875 | 11M R$ | 0.80 % | as of Apr 30, 2026 · Original filing |
| 39 | POLO TOTAL RETURN CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 2,178,636 | 11M R$ | 2.29 % | as of Apr 30, 2026 · Original filing |
| 40 | CCGL FUNDO DE INVESTIMENTO EM AÇÕES | 2,047,400 | 10.3M R$ | 1.79 % | as of Apr 30, 2026 · Original filing |
| 41 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 2,046,300 | 10.3M R$ | 2.21 % | as of Apr 30, 2026 · Original filing |
| 42 | LOGOS TOTAL RETURN MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,021,800 | 10.2M R$ | 8.21 % | as of Apr 30, 2026 · Original filing |
| 43 | ITAÚ ASGARD AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 2,020,000 | 10.2M R$ | 2.65 % | as of Apr 30, 2026 · Original filing |
| 44 | UPGRADE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,998,000 | 10.1M R$ | 13.92 % | as of Apr 30, 2026 · Original filing |
| 45 | VISTA MACRO ABSOLUTO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,964,698 | 9.9M R$ | 5.59 % | as of Apr 30, 2026 · Original filing |
| 46 | SAFARI MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,962,800 | 9.9M R$ | 5.09 % | as of Apr 30, 2026 · Original filing |
| 47 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 1,962,300 | 2M $ | 0.41 % | as of Mar 31, 2026 · Original filing |
| 48 | ALDEN FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,900,000 | 9.6M R$ | 0.45 % | as of Apr 30, 2026 · Original filing |
| 49 | OCCAM RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,810,481 | 2.4M R$ | 0.46 % | as of Apr 30, 2026 · Original filing |
| 50 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,725,138 | 8.7M R$ | 0.20 % | as of Apr 30, 2026 · Original filing |
| 51 | UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 1,704,892 | 8.6M R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 52 | ITAÚ FTSE RAFI BRAZIL 50 CAPPED INDEX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 1,703,500 | 8.6M R$ | 0.62 % | as of Apr 30, 2026 · Original filing |
| 53 | VINCITA FUNDO DE INVESTIMENTO EM AÇÕES | 1,700,000 | 8.6M R$ | 1.04 % | as of Apr 30, 2026 · Original filing |
| 54 | MERAKI BRABUS FUNDO DE INVESTIMENTO EM AÇÕES | 1,666,282 | 8.4M R$ | 1.82 % | as of Apr 30, 2026 · Original filing |
| 55 | VISTA HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,626,325 | 8.2M R$ | 3.76 % | as of Apr 30, 2026 · Original filing |
| 56 | UV ARAUCÁRIA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,554,047 | 7.8M R$ | 9.07 % | as of Apr 30, 2026 · Original filing |
| 57 | ITAÚ VOTL FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,547,363 | 7.8M R$ | 1.93 % | as of Apr 30, 2026 · Original filing |
| 58 | iShares Core MSCI Total International Stock ETF iShares Trust | 1,537,603 | 1.6M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 59 | BTG PACTUAL VOLT FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,514,694 | 7.6M R$ | 1.04 % | as of Apr 30, 2026 · Original filing |
| 60 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 1,508,794 | 7.6M R$ | 0.17 % | as of Apr 30, 2026 · Original filing |
| 61 | FATOR VIGOR FUNDO DE INVESTIMENTO EM AÇÕES INVESTIMENTO NO EXTERIOR | 1,501,700 | 7.6M R$ | 8.75 % | as of Apr 30, 2026 · Original filing |
| 62 | V8 SS MASTER CLASSE DE INVESTIMENTO RENDA FIXA - RESP LIMITADA | 1,500,000 | 8.6M R$ | 2.92 % | as of Apr 30, 2026 · Original filing |
| 63 | MISTYQUE TEENS FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES | 1,500,000 | 7.6M R$ | 4.28 % | as of Apr 30, 2026 · Original filing |
| 64 | Emerging Markets Fund RUSSELL INVESTMENT CO | 1,469,929 | 1.5M $ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 65 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 1,446,431 | 1.8M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 66 | GRANADA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,441,994 | 7.3M R$ | 2.64 % | as of Apr 30, 2026 · Original filing |
| 67 | MAMORÉ FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,430,167 | 7.2M R$ | 1.28 % | as of Apr 30, 2026 · Original filing |
| 68 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 1,416,162 | 1.4M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 69 | ITAÚ INFLATION EQUITY OPPORTUNITIES AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,399,254 | 7.1M R$ | 2.22 % | as of Apr 30, 2026 · Original filing |
| 70 | Invesco RAFI Emerging Markets ETF Invesco Exchange-Traded Fund Trust II | 1,389,465 | 1.4M $ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 71 | BB TOP AÇÕES AGRO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,378,600 | 6.9M R$ | 6.63 % | as of Apr 30, 2026 · Original filing |
| 72 | ELEKTRA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,355,600 | 6.8M R$ | 8.13 % | as of Apr 30, 2026 · Original filing |
| 73 | CHATELET FUNDO DE INVESTIMENTO EM AÇÕES | 1,350,000 | 6.8M R$ | 2.52 % | as of Apr 30, 2026 · Original filing |
| 74 | DGF ÜBER ALLES FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,350,000 | 6.8M R$ | 24.49 % | as of Apr 30, 2026 · Original filing |
| 75 | EOS HERCULES FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR | 1,270,093 | 6.4M R$ | 0.53 % | as of Apr 30, 2026 · Original filing |
| 76 | FARO CAPITAL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,192,714 | 6M R$ | 2.88 % | as of Apr 30, 2026 · Original filing |
| 77 | ARCTIC EQUITIES FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,181,159 | 6M R$ | 30.87 % | as of Apr 30, 2026 · Original filing |
| 78 | JASPE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,164,962 | 5.9M R$ | 2.60 % | as of Apr 30, 2026 · Original filing |
| 79 | ITAÚ MOMENTO II AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,148,700 | 5.8M R$ | 2.37 % | as of Apr 30, 2026 · Original filing |
| 80 | ITAÚ ARTAX ENDURANCE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,146,600 | 5.8M R$ | 0.48 % | as of Apr 30, 2026 · Original filing |
| 81 | FIF - CLASSE DE INVESTIMENTO EM AÇÕES VIVEST IBOVESPA ATIVO RESP LIMITADA | 1,126,233 | 5.7M R$ | 0.58 % | as of Apr 30, 2026 · Original filing |
| 82 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,083,509 | 5.5M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 83 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,074,452 | 1.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 84 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 1,061,936 | 5.4M R$ | 0.43 % | as of Apr 30, 2026 · Original filing |
| 85 | NEW BRIDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,053,024 | 5.3M R$ | 25.84 % | as of Apr 30, 2026 · Original filing |
| 86 | KINITRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,042,274 | 5.3M R$ | 1.36 % | as of Apr 30, 2026 · Original filing |
| 87 | NORTE LONG BIAS MASTER CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 1,007,057 | 5.1M R$ | 2.49 % | as of Apr 30, 2026 · Original filing |
| 88 | FACT TOTAL RETURN MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,000,000 | 5M R$ | 1.08 % | as of Apr 30, 2026 · Original filing |
| 89 | LAKSHMI FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESPONSABILIDADE LIMITADA | 1,000,000 | 5M R$ | 1.92 % | as of Apr 30, 2026 · Original filing |
| 90 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 999,595 | 5M R$ | 0.34 % | as of Apr 30, 2026 · Original filing |
| 91 | BRASILPREV TOP ASG BRASIL IS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 992,800 | 5M R$ | 3.18 % | as of Apr 30, 2026 · Original filing |
| 92 | ITAÚ ARTAX ULTRA MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 989,000 | 5M R$ | 0.49 % | as of Apr 30, 2026 · Original filing |
| 93 | TC COSMOS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 955,000 | 4.8M R$ | 5.00 % | as of Apr 30, 2026 · Original filing |
| 94 | UBS EC CAPITAL FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 954,900 | 4.8M R$ | 7.14 % | as of Apr 30, 2026 · Original filing |
| 95 | Schwab Fundamental Emerging Markets Equity Index Fund SCHWAB CAPITAL TRUST | 909,108 | 925.3K $ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 96 | SHARP TE1 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 906,039 | 831.7K R$ | 0.50 % | as of Apr 30, 2026 · Original filing |
| 97 | G5 EXEC FUNDO DE INVESTIMENTO MULTIMERCADO | 903,800 | 4.6M R$ | 81.87 % | as of Apr 30, 2026 · Original filing |
| 98 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 894,900 | 929.5K $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 99 | ARTESANAL D+2 FUNDO DE INVESTIMENTO MULTIMERCADO | 890,200 | 4.5M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 100 | AZ QUEST MASTER TOTAL RETURN FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 886,300 | 4.5M R$ | 1.14 % | as of Apr 30, 2026 · Original filing |