| 1 | BVMF: ALUP11 | Alupar Investimento S.A. | 4.01% |
| 2 | BVMF: CYRE3 | Cyrela Brazil Realty S.A. Empreendimentos e Participações | 3.67% |
| 3 | SAPR11 | CIA Saneamento Do Parana-SANEPAR Units (1 Ord Share & 4 Pref Shares) | 3.24% |
| 4 | BVMF: BRAV3 | Brava Energia S.A. | 3.07% |
| 5 | BVMF: CURY3 | Cury Construtora e Incorporadora S.A. | 3.03% |
| 6 | BVMF: COGN3 | Cogna Educação S.A. | 2.67% |
| 7 | BVMF: POMO4 | Marcopolo S.A. | 2.50% |
| 8 | BVMF: FLRY3 | Fleury S.A. | 2.38% |
| 9 | SLVM | Sylvamo Corporation | 2.23% |
| 10 | BVMF: DIRR3 | Direcional Engenharia S.A. | 2.13% |
| 11 | ITRN | Ituran Location and Control Ltd. | 2.02% |
| 12 | ARCO | Arcos Dorados Holdings Inc. | 2.01% |
| 13 | BVMF: AURE3 | Auren Energia S.A. | 1.92% |
| 14 | BVMF: BRAP4 | Bradespar S.A. | 1.86% |
| 15 | BVMF: ORVR3 | Orizon Valorização de Resíduos S.A. | 1.82% |
| 16 | BVMF: BRSR6 | Banco do Estado do Rio Grande do Sul S.A. | 1.79% |
| 17 | BVMF: SLCE3 | SLC Agrícola S.A. | 1.78% |
| 18 | BVMF: VIVA3 | Vivara Participações S.A. | 1.75% |
| 19 | ASX: KAR | Karoon Energy Ltd | 1.73% |
| 20 | BVMF: ODPV3 | Odontoprev S.A. | 1.72% |
| 21 | BVMF: USIM5 | Usinas Siderúrgicas de Minas Gerais S.A. | 1.69% |
| 22 | TSXV: SGML | Sigma Lithium Corporation | 1.66% |
| 23 | IGTI11 | Iguatemi SA Units (1 Ord share & 2 Prf shares) | 1.64% |
| 24 | BVMF: AZZA3 | Azzas 2154 S.A. | 1.59% |
| 25 | BVMF: UNIP6 | Unipar Carbocloro S.A. | 1.52% |
| View BRF holdings |