| 1 | T. Rowe Price International Value Equity Fund T. ROWE PRICE INTERNATIONAL FUNDS, INC. | 7,202,392 | 46M $ | 0.26 % | as of Apr 30, 2026 · Original filing |
| 2 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 4,545,558 | 29.1M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 3 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 4,374,196 | 28M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 4 | MFS International New Discovery Fund MFS Series Trust V | 4,083,278 | 25.1M $ | 0.34 % | as of Mar 31, 2026 · Original filing |
| 5 | T. Rowe Price International Discovery Fund T. ROWE PRICE INTERNATIONAL FUNDS, INC. | 3,350,134 | 21.4M $ | 0.32 % | as of Apr 30, 2026 · Original filing |
| 6 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 2,905,360 | 19.9M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 7 | JOHCM Emerging Markets Opportunities Fund Perpetual Americas Funds Trust | 2,794,211 | 17.2M $ | 1.20 % | as of Mar 31, 2026 · Original filing |
| 8 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 2,691,528 | 85.4M R$ | 3.18 % | as of Apr 30, 2026 · Original filing |
| 9 | Emerging Markets Equity Portfolio NORTHWESTERN MUTUAL SERIES FUND INC | 2,345,945 | 14.4M $ | 1.12 % | as of Mar 31, 2026 · Original filing |
| 10 | ITAÚ INFLATION EQUITY OPPORTUNITIES MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 2,218,149 | 70.4M R$ | 7.74 % | as of Apr 30, 2026 · Original filing |
| 11 | VISTA MULTIESTRATEGIA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 2,062,117 | 65.4M R$ | 11.20 % | as of Apr 30, 2026 · Original filing |
| 12 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 1,836,645 | 12.6M $ | 3.46 % | as of Feb 28, 2026 · Original filing |
| 13 | Allspring Emerging Markets Equity Fund ALLSPRING FUNDS TRUST | 1,746,906 | 11.2M $ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 14 | T. Rowe Price Latin America Fund T. ROWE PRICE INTERNATIONAL FUNDS, INC. | 1,736,070 | 11.1M $ | 2.12 % | as of Apr 30, 2026 · Original filing |
| 15 | Emerging Markets Fund American Century World Mutual Funds, Inc. | 1,579,800 | 10.8M $ | 0.58 % | as of Feb 28, 2026 · Original filing |
| 16 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 1,556,145 | 49.1M R$ | 0.38 % | as of Apr 30, 2026 · Original filing |
| 17 | PETROS SELEÇÃO RETORNO REAL FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 1,393,500 | 44.2M R$ | 3.89 % | as of Apr 30, 2026 · Original filing |
| 18 | abrdn Emerging Markets Fund abrdn Funds | 1,276,040 | 8.2M $ | 0.80 % | as of Apr 30, 2026 · Original filing |
| 19 | PREVI RENDA VARIÁVEL ATIVA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 1,239,931 | 39.3M R$ | 0.86 % | as of Apr 30, 2026 · Original filing |
| 20 | SHARP TE3 FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 1,210,053 | 1.2M R$ | 0.70 % | as of Apr 30, 2026 · Original filing |
| 21 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 1,072,593 | 34M R$ | 0.29 % | as of Apr 30, 2026 · Original filing |
| 22 | CAIXA VINCI VALOR DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 1,018,736 | 32.3M R$ | 2.30 % | as of Apr 30, 2026 · Original filing |
| 23 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 958,671 | 30.4M R$ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 24 | American Funds Developing World Growth & Income Fund American Funds Developing World Growth & Income Fund | 949,346 | 6.5M $ | 0.26 % | as of Feb 28, 2026 · Original filing |
| 25 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 924,230 | 5.9M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 26 | ITAÚ INFLATION EQUITY OPPORTUNITIES AÇÕES FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 780,975 | 24.8M R$ | 7.81 % | as of Apr 30, 2026 · Original filing |
| 27 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 714,787 | 22.7M R$ | 1.13 % | as of Apr 30, 2026 · Original filing |
| 28 | VANGUARD FTSE ALL-WORLD EX-US INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 711,148 | 4.6M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 29 | CAIXA VINCI VALOR FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 709,121 | 22.5M R$ | 2.69 % | as of Apr 30, 2026 · Original filing |
| 30 | iShares Core MSCI Total International Stock ETF iShares Trust | 579,875 | 3.7M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 31 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 544,114 | 17.3M R$ | 0.33 % | as of Apr 30, 2026 · Original filing |
| 32 | WisdomTree Emerging Markets SmallCap Dividend Fund WisdomTree Trust | 539,945 | 3.3M $ | 0.20 % | as of Mar 31, 2026 · Original filing |
| 33 | abrdn Emerging Markets Ex-China Fund abrdn Funds | 517,153 | 3.3M $ | 1.45 % | as of Apr 30, 2026 · Original filing |
| 34 | LEGACY CAPITAL ALPHA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 504,549 | 16M R$ | 0.62 % | as of Apr 30, 2026 · Original filing |
| 35 | DOM BOSCO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES - RESPONSABILIDADE LIMITADA | 483,900 | 15.3M R$ | 2.85 % | as of Apr 30, 2026 · Original filing |
| 36 | VISTA MACRO ABSOLUTO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 464,242 | 14.7M R$ | 8.32 % | as of Apr 30, 2026 · Original filing |
| 37 | Schwab Emerging Markets Equity ETF SCHWAB STRATEGIC TRUST | 433,238 | 3M $ | 0.02 % | as of Feb 28, 2026 · Original filing |
| 38 | Polar Capital Emerging Market Stars Fund Datum One Series Trust | 419,518 | 2.6M $ | 1.36 % | as of Mar 31, 2026 · Original filing |
| 39 | DWS Latin America Equity Fund DEUTSCHE DWS INTERNATIONAL FUND, INC. | 400,053 | 2.6M $ | 0.63 % | as of Apr 30, 2026 · Original filing |
| 40 | Emerging Markets Fund VanEck Funds | 384,000 | 2.4M $ | 0.75 % | as of Mar 31, 2026 · Original filing |
| 41 | BRASÍLIA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 376,900 | 12M R$ | 9.41 % | as of Apr 30, 2026 · Original filing |
| 42 | VISTA HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 374,945 | 11.9M R$ | 5.46 % | as of Apr 30, 2026 · Original filing |
| 43 | SANTANDER AMAZONAS MULTIMERCADO CRÉDITO PRIVADO - FIF | 368,700 | 11.7M R$ | 0.30 % | as of Apr 30, 2026 · Original filing |
| 44 | ABS TOTAL MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 362,903 | 11.5M R$ | 0.56 % | as of Apr 30, 2026 · Original filing |
| 45 | Xtrackers International Real Estate ETF DBX ETF Trust | 361,297 | 2.5M $ | 0.23 % | as of Feb 27, 2026 · Original filing |
| 46 | DAHLIA TOTAL RETURN MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 345,900 | 11M R$ | 0.80 % | as of Apr 30, 2026 · Original filing |
| 47 | POLO TOTAL RETURN CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 337,804 | 10.7M R$ | 2.23 % | as of Apr 30, 2026 · Original filing |
| 48 | ICATU VANGUARDA IGARATÉ LONG BIASED FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 330,399 | 10.5M R$ | 1.74 % | as of Apr 30, 2026 · Original filing |
| 49 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 324,178 | 10.3M R$ | 0.23 % | as of Apr 30, 2026 · Original filing |
| 50 | SAFRA PREV KEPLER ADVANCED FIF PREVIDENCIÁRIO CLASSE DE INV MULTIMERCADO PREV RESP LIMITADA | 322,900 | 10.2M R$ | 2.08 % | as of Apr 30, 2026 · Original filing |
| 51 | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND VANGUARD WHITEHALL FUNDS | 321,985 | 2.1M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 52 | Allspring Emerging Markets Equity Advantage Fund ALLSPRING FUNDS TRUST | 319,200 | 2M $ | 0.45 % | as of Apr 30, 2026 · Original filing |
| 53 | Franklin FTSE Brazil ETF Franklin Templeton ETF Trust | 316,500 | 1.9M $ | 0.39 % | as of Mar 31, 2026 · Original filing |
| 54 | KINEA PREV APOLO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 308,356 | 9.8M R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 55 | TRUXT LONG SHORT MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 304,053 | 9.6M R$ | 1.78 % | as of Apr 30, 2026 · Original filing |
| 56 | Emerging Markets Equities Fund Inc Emerging Markets Equities Fund Inc | 301,219 | 1.8M $ | 0.41 % | as of Mar 31, 2026 · Original filing |
| 57 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 300,591 | 1.9M $ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 58 | VENTOR HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 294,425 | 9.3M R$ | 1.83 % | as of Apr 30, 2026 · Original filing |
| 59 | William Blair Emerging Markets Small Cap Growth Fund WILLIAM BLAIR FUNDS | 281,700 | 1.7M $ | 0.45 % | as of Mar 31, 2026 · Original filing |
| 60 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 269,800 | 1.8M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 61 | ACE CAPITAL ABSOLUTO INSTITUCIONAL MASTER FI FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 262,100 | 8.3M R$ | 4.01 % | as of Apr 30, 2026 · Original filing |
| 62 | XP BALANCEADO FUNDO MÚTUO DE PRIVATIVAÇÃO - FGTS CARTEIRA LIVRE RESPONSABILIDADE LIMITADA | 261,700 | 8.3M R$ | 0.96 % | as of Apr 30, 2026 · Original filing |
| 63 | IBIUNA LONG BIASED MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 255,421 | 8.1M R$ | 3.24 % | as of Apr 30, 2026 · Original filing |
| 64 | GENOA CAPITAL ARPA MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 247,760 | 7.9M R$ | 4.00 % | as of Apr 30, 2026 · Original filing |
| 65 | GENOA CAPITAL RADAR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 246,783 | 7.8M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 66 | VANGUARD TOTAL WORLD STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 239,321 | 1.5M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 67 | ELO FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES | 236,500 | 7.5M R$ | 3.00 % | as of Apr 30, 2026 · Original filing |
| 68 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 233,800 | 7.4M R$ | 1.59 % | as of Apr 30, 2026 · Original filing |
| 69 | EQTPREV STRATEGY FUNDO DE INVESTIMENTO FINANCEIRO AÇÕES - RESPONSABILIDADE LIMITADA | 226,530 | 7.2M R$ | 3.68 % | as of Apr 30, 2026 · Original filing |
| 70 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 217,722 | 1.4M $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 71 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 216,219 | 6.9M R$ | 2.25 % | as of Apr 30, 2026 · Original filing |
| 72 | College Retirement Equities Fund - Total Global Stock Account College Retirement Equities Fund | 215,300 | 1.3M $ | 0.00 % | as of Mar 31, 2026 · Original filing |
| 73 | BTG PACTUAL SYNERGY EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 209,425 | 6.6M R$ | 0.64 % | as of Apr 30, 2026 · Original filing |
| 74 | XP INVESTOR LONG BIASED FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 208,300 | 6.6M R$ | 2.52 % | as of Apr 30, 2026 · Original filing |
| 75 | State Street(R) SPDR(R) Dow Jones(R) Global Real Estate ETF SPDR INDEX SHARES FUNDS | 205,790 | 1.3M $ | 0.11 % | as of Mar 31, 2026 · Original filing |
| 76 | DAHLIA EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 198,900 | 6.3M R$ | 2.85 % | as of Apr 30, 2026 · Original filing |
| 77 | VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 195,912 | 1.3M $ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 78 | KINEA URANO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESP LIMITADA | 193,395 | 6.1M R$ | 0.98 % | as of Apr 30, 2026 · Original filing |
| 79 | SAFRA GALILEO MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 189,736 | 6M R$ | 0.78 % | as of Apr 30, 2026 · Original filing |
| 80 | Fidelity Total International Index Fund Fidelity Salem Street Trust | 188,282 | 1.2M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 81 | ITAÚ HUNTER TOTAL RETURN MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 187,875 | 6M R$ | 0.57 % | as of Apr 30, 2026 · Original filing |
| 82 | RYO LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 178,800 | 5.7M R$ | 2.37 % | as of Apr 30, 2026 · Original filing |
| 83 | CAIXA CONSTRUÇÃO CIVIL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 178,341 | 5.7M R$ | 4.62 % | as of Apr 30, 2026 · Original filing |
| 84 | XP INVESTOR FUNDO MÚTUO DE PRIVATIVAÇÃO - FGTS CARTEIRA LIVRE RESPONSABILIDADE LIMITADA | 173,500 | 5.5M R$ | 1.97 % | as of Apr 30, 2026 · Original filing |
| 85 | State Street(R) SPDR(R) Dow Jones(R) International Real Estate ETF SPDR INDEX SHARES FUNDS | 171,200 | 1M $ | 0.39 % | as of Mar 31, 2026 · Original filing |
| 86 | GENOA CAPITAL ARPA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 166,479 | 5.3M R$ | 3.99 % | as of Apr 30, 2026 · Original filing |
| 87 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 155,127 | 4.9M R$ | 0.14 % | as of Apr 30, 2026 · Original filing |
| 88 | BNP PARIBAS SMALL CAPS CLASSE DE INVESTIMENTO EM AÇÕES - RESPONSABILIDADE LIMITADA | 154,800 | 4.9M R$ | 7.09 % | as of Apr 30, 2026 · Original filing |
| 89 | LEGACY CAPITAL MASTER CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 152,397 | 10M R$ | 0.32 % | as of Apr 30, 2026 · Original filing |
| 90 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 151,581 | 4.8M R$ | 0.38 % | as of Apr 30, 2026 · Original filing |
| 91 | LGCY FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 149,819 | 4.8M R$ | 3.35 % | as of Apr 30, 2026 · Original filing |
| 92 | BRASILPREV KINEA SIGMA PREV FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 149,783 | 4.8M R$ | 0.14 % | as of Apr 30, 2026 · Original filing |
| 93 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 143,850 | 4.6M R$ | 0.31 % | as of Apr 30, 2026 · Original filing |
| 94 | MANTIQUEIRA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO RESP LIMITADA | 143,700 | 4.6M R$ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 95 | VENTOR DÓLAR HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 143,564 | 4.6M R$ | 1.90 % | as of Apr 30, 2026 · Original filing |
| 96 | MULTIPREV FIF EM AÇÕES RESPONSABILIDADE LIMITADA | 139,637 | 4.4M R$ | 0.83 % | as of Apr 30, 2026 · Original filing |
| 97 | GENOA CAPITAL CRUISE PREV A FIFE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 138,822 | 4.4M R$ | 0.16 % | as of Apr 30, 2026 · Original filing |
| 98 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 137,117 | 4.3M R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 99 | SHARP LONG SHORT 3 MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 134,195 | 4.3M R$ | 1.21 % | as of Apr 30, 2026 · Original filing |
| 100 | BAHIA AM MARAÚ MASTER FIF - CLASSE DE INVESTIMENTO MULTIMERCADO - RESP LIMITADA | 133,700 | 4.2M R$ | 0.41 % | as of Apr 30, 2026 · Original filing |