| 1 | VALE | Vale S.A. | 8.58% |
| 2 | NU | Nu Holdings Ltd. | 8.58% |
| 3 | ITUB | Itaú Unibanco Holding S.A. | 6.89% |
| 4 | PBR.A | Petróleo Brasileiro S.A. - Petrobras | 6.46% |
| 5 | PBR | Petróleo Brasileiro S.A. - Petrobras | 6.05% |
| 6 | GMEXICOB.MX | GRUPO MEXICO B | 5.26% |
| 7 | BMV: GFNORTEO | Grupo Financiero Banorte, S.A.B. de C.V. | 4.16% |
| 8 | AMXB.MX | AMERICA MOVIL B | 3.64% |
| 9 | BAP | Credicorp Ltd. | 3.57% |
| 10 | BBD | Banco Bradesco S.A. | 3.00% |
| 11 | FEMSAUBD.MX | FOMENTO ECONOMICO MEXICANO | 2.92% |
| 12 | BVMF: B3SA3 | B3 S.A. - Brasil, Bolsa, Balcão | 2.86% |
| 13 | CEMEXCPO.MX | CEMEX CPO | 2.68% |
| 14 | BMV: WALMEX | Wal-Mart de México, S.A.B. de C.V. | 2.51% |
| 15 | BVMF: ITSA4 | Itaúsa S.A. | 2.39% |
| 16 | BVMF: SBSP3 | Companhia de Saneamento Básico do Estado de São Paulo - SABESP | 2.21% |
| 17 | BVMF: WEGE3 | WEG S.A. | 2.14% |
| 18 | SCCO | Southern Copper Corporation | 2.11% |
| 19 | BVMF: BBAS3 | Banco do Brasil S.A. | 2.02% |
| 20 | ABEV | Ambev S.A. | 1.92% |
| 21 | SQM | Sociedad Química y Minera de Chile S.A. | 1.77% |
| 22 | BVMF: AXIA3 | AXIA Energia SA | 1.59% |
| 23 | PAC | Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | 1.59% |
| 24 | SNSE: CHILE | Banco de Chile | 1.35% |
| 25 | CIB1N.MX | GRUPO CIBEST AMERICAN DEPOSITARY S | 1.26% |
| View ILF holdings |