BRAZ Holdings List

As of Mar 31, 2025

No.	Symbol	Name	% Weight	Shares
1	PBR	Petróleo Brasileiro S.A. - Petrobras	15.68%	32,852
2	BVXB.DE	Itau Unibanco Holding SA ADR	10.04%	54,838
3	NU	Nu Holdings Ltd.	9.58%	28,102
4	BVMF: WEGE3	WEG S.A.	6.50%	24,700
5	VALE	Vale S.A.	6.48%	19,512
6	BBD	Banco Bradesco S.A.	4.77%	64,317
7	BVMF: BPAC11	Banco BTG Pactual S.A.	4.62%	23,600
8	BVMF: ITSA4	Itaúsa S.A.	4.54%	82,633
9	BVMF: RADL3	Raia Drogasil S.A.	4.47%	40,400
10	EBR	Centrais Elétricas Brasileiras S.A. - Eletrobrás	4.05%	17,140
11	BVMF: RENT3	Localiza Rent a Car S.A.	3.88%	19,900
12	SUZ	Suzano S.A.	3.10%	10,017
13	BVMF: EQTL3	Equatorial S.A.	2.81%	15,100
14	BVMF: JBSS3	JBS S.A.	2.15%	9,000
15	BVMF: VIVA3	Vivara Participações S.A.	2.11%	18,300
16	ELP	Companhia Paranaense de Energia - COPEL	2.06%	8,450
17	BVMF: PRIO3	Prio S.A.	1.99%	8,600
18	GLOB	Globant S.A.	1.88%	480
19	TSX: ERO	Ero Copper Corp.	1.86%	4,614
20	n/a	Cash	1.77%	53,292
21	BVMF: RAIL3	Rumo S.A.	1.71%	18,200
22	MELI	MercadoLibre, Inc.	1.56%	24
23	KOF	Coca-Cola FEMSA, S.A.B. de C.V.	1.40%	462
24	BVMF: DIRR3	Direcional Engenharia S.A.	1.00%	5,500
25	n/a	Brazilian Real	0.00%	2

As of Mar 31, 2025