| 1 | OPEG FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 28,400,199 | 368.1M R$ | 26.05 % | as of Apr 30, 2026 · Original filing |
| 2 | OPEG SPECTRUM FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES - RESPONSABILIDADE LIMITADA | 2,778,401 | 36M R$ | 28.99 % | as of Apr 30, 2026 · Original filing |
| 3 | COBAS SELECCION, FI COBAS ASSET MANAGEMENT, SGIIC, S.A. | | 16.5M € | 1.40 % | as of Dec 31, 2025 · Original filing |
| 4 | Global X SuperDividend ETF GLOBAL X FUNDS | 5,944,700 | 15.5M $ | 1.21 % | as of Apr 30, 2026 · Original filing |
| 5 | COBAS INTERNACIONAL, FI COBAS ASSET MANAGEMENT, SGIIC, S.A. | | 15.4M € | 1.66 % | as of Dec 31, 2025 · Original filing |
| 6 | NIMROD FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 940,443 | 11.8M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 7 | CAPSTONE MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 637,500 | 8.3M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 8 | OCCAM RETORNO ABSOLUTO FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 429,991 | 5.6M R$ | 1.05 % | as of Apr 30, 2026 · Original filing |
| 9 | NEWLOG FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 400,000 | 5.2M R$ | 24.90 % | as of Apr 30, 2026 · Original filing |
| 10 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 1,901,650 | 5M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 11 | MOAT CAPITAL EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 368,012 | 4.8M R$ | 3.17 % | as of Apr 30, 2026 · Original filing |
| 12 | iShares Core MSCI Emerging Markets ETF iShares, Inc. | 1,892,433 | 4.5M $ | 0.00 % | as of Feb 28, 2026 · Original filing |
| 13 | ATACAMA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO CRÉDITO PRIVADO | 348,377 | 4.5M R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 14 | VANGUARD EMERGING MARKETS STOCK INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1,712,244 | 4.5M $ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 15 | iShares Emerging Markets Dividend ETF iShares, Inc. | 1,596,535 | 4.2M $ | 0.32 % | as of Apr 30, 2026 · Original filing |
| 16 | GLADIUS FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 303,918 | 3.9M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 17 | BANRISUL FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 271,400 | 3.5M R$ | 5.26 % | as of Apr 30, 2026 · Original filing |
| 18 | NORTE EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 265,000 | 3.4M R$ | 1.99 % | as of Apr 30, 2026 · Original filing |
| 19 | SOLANA LONG AND SHORT FUNDO DE INVESTIMENTO MULTIMERCADO | 254,340 | 3.3M R$ | 1.39 % | as of Apr 30, 2026 · Original filing |
| 20 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 1,063,351 | 2.8M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 21 | SAFRA KEPLER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 205,757 | 2.7M R$ | 1.49 % | as of Apr 30, 2026 · Original filing |
| 22 | CAIXA DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 199,500 | 2.6M R$ | 0.70 % | as of Apr 30, 2026 · Original filing |
| 23 | GMO Resources Fund GMO TRUST | 1,036,900 | 2.5M $ | 0.20 % | as of Feb 28, 2026 · Original filing |
| 24 | CAIXA SMALL CAPS ATIVO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 178,900 | 2.3M R$ | 0.50 % | as of Apr 30, 2026 · Original filing |
| 25 | First Trust Emerging Markets Small Cap AlphaDEX Fund First Trust Exchange-Traded AlphaDEX Fund II | 839,547 | 2.3M $ | 0.91 % | as of Mar 31, 2026 · Original filing |
| 26 | CLASSE ÚNICA ICEBERG FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO LONGO PRAZO | 171,600 | 2.2M R$ | 0.05 % | as of Apr 30, 2026 · Original filing |
| 27 | LEME ICATU QUALIFICADO PREVIDÊNCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 165,000 | 2.1M R$ | 1.24 % | as of Apr 30, 2026 · Original filing |
| 28 | KAPITALO MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 154,579 | 2M R$ | 0.06 % | as of Apr 30, 2026 · Original filing |
| 29 | SPX HORNET EQUITY HEDGE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 151,284 | 2M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 30 | ITAÚ FLEXPREV DIVIDENDOS INDEXADO FIF AÇÕES - RESP LIMITADA | 149,200 | 1.9M R$ | 0.76 % | as of Apr 30, 2026 · Original filing |
| 31 | GENOA CAPITAL VESTAS MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 146,281 | 1.9M R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 32 | ITAÚ SMALL CAP MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 141,632 | 1.8M R$ | 0.60 % | as of Apr 30, 2026 · Original filing |
| 33 | GENOA CAPITAL COAST FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 138,901 | 1.8M R$ | 0.09 % | as of Apr 30, 2026 · Original filing |
| 34 | iShares MSCI Brazil Small-Cap ETF iShares Trust | 725,915 | 1.7M $ | 0.48 % | as of Feb 28, 2026 · Original filing |
| 35 | Avantis Emerging Markets Equity ETF American Century ETF Trust | 710,900 | 1.7M $ | 0.01 % | as of Feb 28, 2026 · Original filing |
| 36 | RAGAMAIS PREV ICATU QUALIFICADO FI FINANCEIRO - CI MULT - RESP LIMITADA | 131,200 | 1.7M R$ | 2.05 % | as of Apr 30, 2026 · Original filing |
| 37 | ITAÚ ÍNDEX AÇÕES IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 130,000 | 1.7M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 38 | BRASILPREV TOP A FUNDO DE INVESTIMENTO FINANCEIRO DE AÇÕES RESPONSABILIDADE LIMITADA | 122,197 | 1.6M R$ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 39 | SPRINGS EQUITY HEDGE MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 116,900 | 1.5M R$ | 0.40 % | as of Apr 30, 2026 · Original filing |
| 40 | GUADALUPE CLASSE DE INVESTIMENTO EM AÇÕES - RESP LIMITADA | 113,900 | 1.5M R$ | 4.86 % | as of Apr 30, 2026 · Original filing |
| 41 | SAFRA GALILEO MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 106,808 | 1.4M R$ | 0.18 % | as of Apr 30, 2026 · Original filing |
| 42 | SOLANA EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 100,000 | 1.3M R$ | 1.94 % | as of Apr 30, 2026 · Original filing |
| 43 | ITAÚ FLEXPREV FIF AÇÕES - RESP LIMITADA | 99,080 | 1.3M R$ | 0.07 % | as of Apr 30, 2026 · Original filing |
| 44 | OITI FIF MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR RESPONSABILIDADE LIMITADA | 95,500 | 1.2M R$ | 0.00 % | as of Apr 30, 2026 · Original filing |
| 45 | ITAÚ INDEX AÇÕES IBRX FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 92,400 | 1.2M R$ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 46 | CAIXA RV 100 PREVINVEST PREVIDENCIÁRIO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESP LIMITADA | 91,800 | 1.2M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 47 | ITAÚ MASTER GLOBAL DINÂMICO MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 89,987 | 1.2M R$ | 0.03 % | as of Apr 30, 2026 · Original filing |
| 48 | MAPFRE FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES SMALL RESPONSABILIDADE LIMITADA | 86,000 | 1.1M R$ | 7.97 % | as of Apr 30, 2026 · Original filing |
| 49 | SAFRA KEPLER ADVANCED MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 85,138 | 1.1M R$ | 0.65 % | as of Apr 30, 2026 · Original filing |
| 50 | OCCAM EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 84,504 | 1.1M R$ | 0.66 % | as of Apr 30, 2026 · Original filing |
| 51 | BB AÇÕES GOVERNANÇA IS FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 83,300 | 1.1M R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 52 | VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 412,170 | 1.1M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 53 | BANRISUL INFRA ESTRUTURA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 82,300 | 1.1M R$ | 4.40 % | as of Apr 30, 2026 · Original filing |
| 54 | SAFRA KEPLER EQUITY HEDGE FIF CLASSE DE INV EM COTAS MULTIMERCADO RESP LIMITADA | 79,423 | 1M R$ | 0.68 % | as of Apr 30, 2026 · Original filing |
| 55 | QUANTITAS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 77,868 | 1M R$ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 56 | DIMENSIONAL EMERGING MARKETS VALUE FUND DIMENSIONAL EMERGING MARKETS VALUE FUND | 382,500 | 1M $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 57 | GIANT ZARATHUSTRA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 75,700 | 981.1K R$ | 0.43 % | as of Apr 30, 2026 · Original filing |
| 58 | SAFRA KEPLER MACRO MASTER FIF CLASSE DE INVESTIMENTO MULTIMERCADO RESPONSABILIDADE LIMITADA | 73,193 | 948.6K R$ | 1.06 % | as of Apr 30, 2026 · Original filing |
| 59 | BANRISUL DIVIDENDOS FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES RESPONSABILIDADE LIMITADA | 68,000 | 881.3K R$ | 3.07 % | as of Apr 30, 2026 · Original filing |
| 60 | GENOA CAPITAL RADAR MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 67,099 | 869.6K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 61 | ITAÚ FLEXPREV MASTER GD MULTIMERCADO FUNDO DE INVESTIMENTO FINANCEIRO RESP LIMITADA | 66,000 | 855.4K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 62 | SOLANA EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 64,680 | 838.3K R$ | 1.94 % | as of Apr 30, 2026 · Original filing |
| 63 | SPRINGS EQUITY HEDGE PLUS MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 64,300 | 833.3K R$ | 0.60 % | as of Apr 30, 2026 · Original filing |
| 64 | CAIXA INFRAESTRUTURA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 61,750 | 800.3K R$ | 0.56 % | as of Apr 30, 2026 · Original filing |
| 65 | BRAM H PASSIVO IBRX FI FINANCEIRO - CIA - RESP LIMITADA | 61,640 | 798.9K R$ | 0.12 % | as of Apr 30, 2026 · Original filing |
| 66 | FUNEPP FIF - CLASSE DE INVESTIMENTO EM AÇÕES - RESPONSABILIDADE LIMITADA | 61,338 | 794.9K R$ | 0.80 % | as of Apr 30, 2026 · Original filing |
| 67 | BRADESCO H DIVIDENDOS FI FINANCEIRO - CIA - RESP LIMITADA | 60,778 | 787.7K R$ | 0.77 % | as of Apr 30, 2026 · Original filing |
| 68 | SAFRA MAXWELL MACRO MASTER FUNDO DE INVESTIMENTO FINANCEIRO CLASSE DE INV MULTIMERCADO RESP LIMITADA | 57,536 | 745.7K R$ | 0.99 % | as of Apr 30, 2026 · Original filing |
| 69 | BB TOP AÇÕES IBOVESPA INDEXADO FUNDO DE INVESTIMENTO FINANCEIRO RESPONSABILIDADE LIMITADA | 54,624 | 707.9K R$ | 0.10 % | as of Apr 30, 2026 · Original filing |
| 70 | OCCAM LONG BIASED FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 54,024 | 700.2K R$ | 1.37 % | as of Apr 30, 2026 · Original filing |
| 71 | POLO ENDURANCE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 53,600 | 694.7K R$ | 0.82 % | as of Apr 30, 2026 · Original filing |
| 72 | SUNO MASTER FIFE PREVIDENCIA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 51,501 | 667.5K R$ | 3.75 % | as of Apr 30, 2026 · Original filing |
| 73 | BRADESCO MÁSTER IBOVESPA FI FINANCEIRO - CIA - RESP LIMITADA | 49,729 | 644.5K R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 74 | PRINCIPAL CLARITAS QUANT MASTER II FI FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 48,300 | 626K R$ | 3.72 % | as of Apr 30, 2026 · Original filing |
| 75 | FALCÃO FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 47,600 | 616.9K R$ | 2.44 % | as of Apr 30, 2026 · Original filing |
| 76 | Dimensional Emerging Markets Core Equity 2 ETF Dimensional ETF Trust | 235,545 | 612.7K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 77 | GENOA CAPITAL CRUISE PREV A FIFE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 46,044 | 596.7K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 78 | 1A3M FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 46,000 | 596.2K R$ | 4.91 % | as of Apr 30, 2026 · Original filing |
| 79 | SAFRA PREV NEWTON FIF PREVIDENCIÁRIO CI MULTIMERCADO CRÉDITO PRIVADO PREV RESP LIMITADA | 45,222 | 586.1K R$ | 0.87 % | as of Apr 30, 2026 · Original filing |
| 80 | PHI ALPHA FUNDO DE INVESTIMENTO FINANCEIRO | 43,000 | 557.3K R$ | 4.03 % | as of Apr 30, 2026 · Original filing |
| 81 | NERO LONG BIASED FUNDO DE INVESTIMENTO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 42,100 | 545.6K R$ | 1.71 % | as of Apr 30, 2026 · Original filing |
| 82 | Tax-Managed Real Assets Fund RUSSELL INVESTMENT CO | 196,177 | 513.4K $ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 83 | ENCORE LONG BIAS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 39,600 | 513.2K R$ | 0.24 % | as of Apr 30, 2026 · Original filing |
| 84 | SPHERE CLASSE DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR | 37,878 | 490.9K R$ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 85 | OCCAM LONG & SHORT PLUS FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 37,122 | 481.1K R$ | 2.02 % | as of Apr 30, 2026 · Original filing |
| 86 | LEGACY CAPITAL ALPHA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESPONSABILIDADE LIMITADA | 37,100 | 480.8K R$ | 0.02 % | as of Apr 30, 2026 · Original filing |
| 87 | BRAM FI FINANCEIRO - CIA IBOVESPA - RESP LIMITADA | 36,940 | 478.7K R$ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 88 | THE EMERGING MARKETS SMALL CAP SERIES DFA INVESTMENT TRUST CO | 178,870 | 468.1K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 89 | EVOLVE ALPHA FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 35,900 | 465.3K R$ | 2.31 % | as of Apr 30, 2026 · Original filing |
| 90 | GIANT DAO MULTIFACTOR LONG BIASED MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 35,600 | 461.4K R$ | 0.41 % | as of Apr 30, 2026 · Original filing |
| 91 | Dimensional Emerging Core Equity Market ETF Dimensional ETF Trust | 171,742 | 446.7K $ | 0.01 % | as of Apr 30, 2026 · Original filing |
| 92 | NEO VITALE MASTER FIF MULTIMERCADO RESPONSABILIDADE LIMITADA | 34,401 | 445.8K R$ | 0.08 % | as of Apr 30, 2026 · Original filing |
| 93 | BRADESCO SMART ALLOCATION FI FINANCEIRO - CIA - RESP LIMITADA | 33,720 | 437K R$ | 2.44 % | as of Apr 30, 2026 · Original filing |
| 94 | CAIXA BRASIL INDEXA IBOVESPA FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES - RESPONSABILIDADE LIMITADA | 32,900 | 426.4K R$ | 0.13 % | as of Apr 30, 2026 · Original filing |
| 95 | BTG PACTUAL SYNERGY EQUITY HEDGE FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 32,372 | 419.5K R$ | 0.04 % | as of Apr 30, 2026 · Original filing |
| 96 | Dodge & Cox Emerging Markets Stock Fund Dodge & Cox Funds | 149,300 | 404.4K $ | 0.04 % | as of Mar 31, 2026 · Original filing |
| 97 | MOAT CAPITAL HIGH ALPHA MASTER FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO RESP LIMITADA | 31,000 | 401.8K R$ | 5.52 % | as of Apr 30, 2026 · Original filing |
| 98 | MAPFRE INVERSION FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO - RESPONSABILIDADE LIMITADA | 30,700 | 397.9K R$ | 0.70 % | as of Apr 30, 2026 · Original filing |
| 99 | SHARP LONG SHORT 3 MASTER II FUNDO DE INVESTIMENTO FINANCEIRO MULTIMERCADO | 30,507 | 395.4K R$ | 0.11 % | as of Apr 30, 2026 · Original filing |
| 100 | MH FUNDO DE INVESTIMENTO FINANCEIRO EM AÇÕES | 30,375 | 393.7K R$ | 2.16 % | as of Apr 30, 2026 · Original filing |