| 1 | GQG Partners Emerging Markets Equity Fund ADVISORS' INNER CIRCLE III | 56,313,100 | 264.7M $ | 1.23 % | as of Mar 31, 2026 · Original filing |
| 2 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 13,493,852 | 73.8M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 3 | OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 13,455,660 | 364.4M R$ | 1.09 % | as of Apr 30, 2026 · Original filing |
| 4 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 12,901,769 | 70.6M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 5 | iShares MSCI Brazil ETF iShares, Inc. | 10,447,417 | 43.6M $ | 0.45 % | as of Feb 28, 2026 · Original filing |
| 6 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 10,331,660 | 43.1M $ | 0.03 % | as of Feb 28, 2026 · Original filing |
| 7 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 8,072,054 | 218.6M R$ | 1.85 % | as of Apr 30, 2026 · Original filing |
| 8 | WPA I FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 6,758,140 | 183M R$ | 12.01 % | as of Apr 30, 2026 · Original filing |
| 9 | SPX RAPTOR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 5,983,980 | 162M R$ | 2.73 % | as of Apr 30, 2026 · Original filing |
| 10 | SPX SUMMIT MACRO LONG SHORT MASTER FIF MULTIMERCADO CRED PRIV RESPONSABILIDADE LIMITADA | 5,731,839 | 155.2M R$ | 10.24 % | as of Apr 30, 2026 · Original filing |
| 11 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 5,401,418 | 146.3M R$ | 0.42 % | as of Apr 30, 2026 · Original filing |
| 12 | JAGUAR FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 4,436,900 | 120.2M R$ | 13.18 % | as of Apr 30, 2026 · Original filing |
| 13 | Driehaus Emerging Markets Growth Fund Driehaus Mutual Funds | 4,191,100 | 19.9M $ | 0.47 % | as of Mar 31, 2026 · Original filing |
| 14 | PREVI RENDA VARIÁVEL ATIVA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 4,089,600 | 110.7M R$ | 2.42 % | as of Apr 30, 2026 · Original filing |
| 15 | State Street(R) SPDR(R) Portfolio Emerging Markets ETF SPDR INDEX SHARES FUNDS | 2,796,668 | 13.1M $ | 0.08 % | as of Mar 31, 2026 · Original filing |
| 16 | ABS TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,764,269 | 74.9M R$ | 3.62 % | as of Apr 30, 2026 · Original filing |
| 17 | SPX NIMITZ MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 2,527,468 | 68.4M R$ | 1.38 % | as of Apr 30, 2026 · Original filing |
| 18 | iShares MSCI Emerging Markets ETF iShares, Inc. | 2,497,047 | 10.4M $ | 0.03 % | as of Feb 28, 2026 · Original filing |
| 19 | VERDE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 2,464,700 | 66.7M R$ | 1.14 % | as of Apr 30, 2026 · Original filing |
| 20 | XP BALANCEADO FUNDO MÚTUO DE PRIVATIVAÇÃO - FGTS CARTEIRA LIVRE RESPONSABILIDADE LIMITADA | 2,445,560 | 66.2M R$ | 7.62 % | as of Apr 30, 2026 · Original filing |
| 21 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2,358,433 | 12.9M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 22 | AP7 Aktiefond Sjunde AP-fonden | 2,356,712 | 105.5M SEK | 0.01 % | as of Mar 31, 2026 · Original filing |
| 23 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 2,141,735 | 11.7M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 24 | WPA MASTER MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO | 2,097,000 | 56.8M R$ | 1.68 % | as of Apr 30, 2026 · Original filing |
| 25 | ITAÚ INFLATION EQUITY OPPORTUNITIES MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 2,082,880 | 56.4M R$ | 6.21 % | as of Apr 30, 2026 · Original filing |
| 26 | JNL/GQG Emerging Markets Equity Fund JNL Series Trust | 2,020,900 | 9.6M $ | 1.30 % | as of Mar 31, 2026 · Original filing |
| 27 | iShares MSCI Emerging Markets ex China ETF iShares, Inc. | 1,942,289 | 8.1M $ | 0.04 % | as of Feb 28, 2026 · Original filing |
| 28 | Fidelity Series Global ex U.S. Index Fund Fidelity Salem Street Trust | 1,841,300 | 10.1M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 29 | iShares Core MSCI Total International Stock ETF iShares Trust | 1,752,107 | 9.6M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 30 | SHARP TE1 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,705,412 | 1.7M R$ | 1.01 % | as of Apr 30, 2026 · Original filing |
| 31 | ITAÚ DUNAMIS MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,640,000 | 44.4M R$ | 2.91 % | as of Apr 30, 2026 · Original filing |
| 32 | ELO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES | 1,511,600 | 40.9M R$ | 16.38 % | as of Apr 30, 2026 · Original filing |
| 33 | HIX CAPITAL SPO IX FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 1,384,000 | 37.5M R$ | 68.88 % | as of Apr 30, 2026 · Original filing |
| 34 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,347,930 | 36.5M R$ | 1.81 % | as of Apr 30, 2026 · Original filing |
| 35 | LOCAL EXPLORER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,337,426 | 36.2M R$ | 4.48 % | as of Apr 30, 2026 · Original filing |
| 36 | XP INVESTOR LONG BIASED FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,311,718 | 35.5M R$ | 13.55 % | as of Apr 30, 2026 · Original filing |
| 37 | PARCITAS HEDGE MASTER FIF MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,271,600 | 34.4M R$ | 4.16 % | as of Apr 30, 2026 · Original filing |
| 38 | CAIXA VINCI VALOR DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 1,194,100 | 32.3M R$ | 2.30 % | as of Apr 30, 2026 · Original filing |
| 39 | ABSOLUTE VERTEX MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,183,526 | 32M R$ | 0.35 % | as of Apr 30, 2026 · Original filing |
| 40 | SIIT WORLD EQUITY EX-US FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 1,161,300 | 4.8M $ | 0.05 % | as of Feb 28, 2026 · Original filing |
| 41 | Fidelity Emerging Markets Index Fund Fidelity Salem Street Trust | 1,159,700 | 6.3M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 42 | XP INVESTOR FUNDO MÚTUO DE PRIVATIVAÇÃO - FGTS CARTEIRA LIVRE RESPONSABILIDADE LIMITADA | 1,138,746 | 30.8M R$ | 11.02 % | as of Apr 30, 2026 · Original filing |
| 43 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 1,115,815 | 4.7M $ | 0.04 % | as of Feb 28, 2026 · Original filing |
| 44 | UBS PRÓPRIO FUNDO DE INVESTIMENTO FINANCEIRO - MULTIMERCADO CRÉDITO PRIVADO | 1,048,241 | 28.4M R$ | 0.94 % | as of Apr 30, 2026 · Original filing |
| 45 | TRUXT LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,005,480 | 27.2M R$ | 5.03 % | as of Apr 30, 2026 · Original filing |
| 46 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 1,004,244 | 27.2M R$ | 1.01 % | as of Apr 30, 2026 · Original filing |
| 47 | OCEANA EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,000,421 | 27.1M R$ | 5.08 % | as of Apr 30, 2026 · Original filing |
| 48 | FARO CAPITAL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 963,798 | 26.1M R$ | 12.51 % | as of Apr 30, 2026 · Original filing |
| 49 | BTG PACTUAL SYNERGY LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 935,410 | 25.3M R$ | 3.82 % | as of Apr 30, 2026 · Original filing |
| 50 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 929,279 | 25.2M R$ | 0.73 % | as of Apr 30, 2026 · Original filing |
| 51 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 928,400 | 4.4M $ | 0.88 % | as of Mar 31, 2026 · Original filing |
| 52 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 906,000 | 24.5M R$ | 1.96 % | as of Apr 30, 2026 · Original filing |
| 53 | William Blair Emerging Markets Growth Fund WILLIAM BLAIR FUNDS | 893,700 | 4.2M $ | 0.42 % | as of Mar 31, 2026 · Original filing |
| 54 | SANTA CRISTINA FI FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR - RESPONSABILIDADE LIMITADA | 865,750 | 23.4M R$ | 6.46 % | as of Apr 30, 2026 · Original filing |
| 55 | ITAÚ HUNTER TOTAL RETURN MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 858,578 | 23.3M R$ | 2.24 % | as of Apr 30, 2026 · Original filing |
| 56 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 854,794 | 23.1M R$ | 1.55 % | as of Apr 30, 2026 · Original filing |
| 57 | ITAÚ IBRX ATIVO MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 839,051 | 22.7M R$ | 2.90 % | as of Apr 30, 2026 · Original filing |
| 58 | TRUXT RETORNO REAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESP LIMITADA | 837,287 | 22.7M R$ | 10.30 % | as of Apr 30, 2026 · Original filing |
| 59 | OCEANA LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 830,458 | 22.5M R$ | 4.54 % | as of Apr 30, 2026 · Original filing |
| 60 | THE EMERGING MARKETS SERIES DFA INVESTMENT TRUST CO | 810,711 | 4.4M $ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 61 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 785,614 | 21.3M R$ | 0.41 % | as of Apr 30, 2026 · Original filing |
| 62 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 765,400 | 3.2M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 63 | JNL Multi-Manager Emerging Markets Equity Fund JNL Series Trust | 759,400 | 3.6M $ | 0.26 % | as of Mar 31, 2026 · Original filing |
| 64 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 759,373 | 20.6M R$ | 0.46 % | as of Apr 30, 2026 · Original filing |
| 65 | Nuveen Emerging Markets Equity Index Fund TIAA-CREF Funds | 755,100 | 4.1M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 66 | ITAÚ INFLATION EQUITY OPPORTUNITIES AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 735,829 | 19.9M R$ | 6.28 % | as of Apr 30, 2026 · Original filing |
| 67 | CAIXA VINCI VALOR FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 722,900 | 19.6M R$ | 2.34 % | as of Apr 30, 2026 · Original filing |
| 68 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 720,802 | 3.9M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 69 | DWS Latin America Equity Fund DEUTSCHE DWS INTERNATIONAL FUND, INC. | 715,650 | 3.9M $ | 0.96 % | as of Apr 30, 2026 · Original filing |
| 70 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 707,967 | 19.2M R$ | 0.43 % | as of Apr 30, 2026 · Original filing |
| 71 | TRUXT LONG BIAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 694,364 | 18.8M R$ | 7.40 % | as of Apr 30, 2026 · Original filing |
| 72 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 690,319 | 18.7M R$ | 1.09 % | as of Apr 30, 2026 · Original filing |
| 73 | SHARP LONG SHORT 3 MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 687,924 | 18.6M R$ | 5.31 % | as of Apr 30, 2026 · Original filing |
| 74 | DAHLIA TOTAL RETURN MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 685,400 | 18.6M R$ | 1.36 % | as of Apr 30, 2026 · Original filing |
| 75 | FIF - CLASSE DE INVESTIMENTO EM AÇÕES VIVEST IBOVESPA ATIVO RESP LIMITADA | 683,500 | 18.5M R$ | 1.88 % | as of Apr 30, 2026 · Original filing |
| 76 | BTG PACTUAL SYNERGY EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 664,878 | 18M R$ | 1.73 % | as of Apr 30, 2026 · Original filing |
| 77 | SHARP LONG SHORT 3 MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 662,118 | 17.9M R$ | 5.31 % | as of Apr 30, 2026 · Original filing |
| 78 | JGP COMPOUNDERS MASTER FI FINANCEIRO EM AÇÕES INVESTIMENTO NO EXTERIOR - RESPONSABILIDADE LIMITADA | 659,100 | 17.8M R$ | 8.61 % | as of Apr 30, 2026 · Original filing |
| 79 | POLO TOTAL RETURN CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 654,000 | 23.9M R$ | 4.99 % | as of Apr 30, 2026 · Original filing |
| 80 | SHARP TE3 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 649,306 | 639.8K R$ | 0.38 % | as of Apr 30, 2026 · Original filing |
| 81 | VISTA MULTIESTRATEGIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 647,043 | 17.5M R$ | 3.00 % | as of Apr 30, 2026 · Original filing |
| 82 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 643,600 | 17.4M R$ | 1.79 % | as of Apr 30, 2026 · Original filing |
| 83 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 635,700 | 17.2M R$ | 1.93 % | as of Apr 30, 2026 · Original filing |
| 84 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 635,384 | 3.5M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 85 | SPX FALCON INSTITUCIONAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 623,304 | 16.9M R$ | 7.58 % | as of Apr 30, 2026 · Original filing |
| 86 | BB AÇÕES ENERGIA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 619,054 | 16.8M R$ | 8.01 % | as of Apr 30, 2026 · Original filing |
| 87 | SUDOESTE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 600,000 | 16.2M R$ | 5.22 % | as of Apr 30, 2026 · Original filing |
| 88 | iShares MSCI Emerging Markets Min Vol Factor ETF iShares, Inc. | 599,163 | 2.5M $ | 0.07 % | as of Feb 28, 2026 · Original filing |
| 89 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 595,011 | 3.2M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 90 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 593,300 | 2.8M $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 91 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 580,100 | 15.7M R$ | 1.82 % | as of Apr 30, 2026 · Original filing |
| 92 | HARPIA RV FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 559,433 | 15.1M R$ | 8.38 % | as of Apr 30, 2026 · Original filing |
| 93 | UBS SILVER RV FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES RESPONSABILIDADE LIMITADA | 555,100 | 15M R$ | 21.98 % | as of Apr 30, 2026 · Original filing |
| 94 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 535,900 | 2.9M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 95 | ITAÚ MOMENTO II AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 518,600 | 14M R$ | 5.75 % | as of Apr 30, 2026 · Original filing |
| 96 | ITAÚ FLEXPREV MASTER GD MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 515,164 | 14M R$ | 0.37 % | as of Apr 30, 2026 · Original filing |
| 97 | UBS B FUNDO DE INVESTIMENTO FINANCEIRO - AÇÕES RESPONSABILIDADE LIMITADA | 509,065 | 13.8M R$ | 5.52 % | as of Apr 30, 2026 · Original filing |
| 98 | UBS D FUNDO DE INVESTIMENTO FINANCEIRO - AÇÕES RESPONSABILIDADE LIMITADA | 507,416 | 13.7M R$ | 5.51 % | as of Apr 30, 2026 · Original filing |
| 99 | ITAÚ OPTIMUS LONG BIAS MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 504,097 | 13.7M R$ | 6.06 % | as of Apr 30, 2026 · Original filing |
| 100 | RYO LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 503,900 | 13.6M R$ | 5.71 % | as of Apr 30, 2026 · Original filing |