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| Holder | Type | Held (Actual) | % of Outstanding | Market Value | Date Reported |
|---|---|---|---|---|---|
| Orbis Investment Management Limited | Institution | 156,625,672 | 11.67% | US$ 1.25B | 2026-06-12 |
| Snapper Rocks Strategy Fundo De Investimento Financeiro Em Acoes | Institution | 143,927,100 | 10.73% | US$ 1.14B | 2026-06-12 |
| Julius Baer Brasil Gestão de Patrimônio e Consultoria de Valores Mobiliários Ltda | Institution | 143,927,100 | 10.73% | US$ 1.14B | 2026-06-12 |
| Alaska Investimentos LTDA. | Institution | 114,141,830 | 8.51% | US$ 907.43M | 2026-06-12 |
| Ninety One UK Limited | Institution | 71,542,707 | 5.33% | US$ 568.76M | 2026-06-12 |
| Dynamo Internacional Gestão de Recursos Ltda. | Institution | 67,877,811 | 5.06% | US$ 539.63M | 2026-06-12 |
| BlackRock, Inc. | Institution | 67,864,529 | 5.06% | US$ 539.52M | 2026-06-12 |
| Wishbone Management, LP | Institution | 67,700,000 | 5.05% | US$ 538.22M | 2026-06-12 |
| Conifer Management, LLC | Institution | 67,700,000 | 5.05% | US$ 538.22M | 2026-06-12 |
| BTG Pactual Asset Management SA Distribuidora de TÃtulos e Valores Mobiliários | Institution | 62,710,200 | 4.67% | US$ 498.55M | 2026-01-13 |
| Antipodes Partners Ltd. | Institution | 62,294,526 | 4.64% | US$ 495.24M | 2025-05-23 |
| Sharp Capital Gestora De Recursos Ltda | Institution | 60,398,489 | 4.50% | US$ 480.17M | 2024-12-23 |
| Norges Bank Investment Management | Institution | 47,287,012 | 3.52% | US$ 375.93M | 2025-12-31 |
| Vanguard Capital Management, LLC | Institution | 43,564,016 | 3.25% | US$ 346.33M | 2026-05-31 |
| Quantex AG | Institution | 32,000,000 | 2.39% | US$ 254.40M | 2024-12-31 |
| Australian Super Pty Ltd | Institution | 21,325,847 | 1.59% | US$ 169.54M | 2025-12-31 |
| Bestinver Gestión, S.A. SGIIC | Institution | 17,419,643 | 1.30% | US$ 138.49M | 2025-06-30 |
| Dimensional Fund Advisors LP | Institution | 15,154,838 | 1.13% | US$ 120.48M | 2026-05-29 |
| Boston Partners Global Investors, Inc. | Institution | 14,386,800 | 1.07% | US$ 114.38M | 2025-12-31 |
| Itaú Unibanco Holding S.A. | Institution | 12,463,642 | 0.93% | US$ 99.09M | 2025-11-30 |
| Vanguard Fiduciary Trust Company | Institution | 11,911,480 | 0.89% | US$ 94.70M | 2026-05-31 |
| ARGA Investment Management, LP | Institution | 8,960,400 | 0.67% | US$ 71.24M | 2025-04-30 |
| Wealth High Governance Capital Ltda. | Institution | 7,443,700 | 0.55% | US$ 59.18M | 2026-06-12 |
| BB Gestão de Recursos - Distribuidora de TÃtulos e Valores Mobiliários S.A. | Institution | 6,707,003 | 0.50% | US$ 53.32M | 2025-11-30 |
| Legacy Capital Gestora de Recursos Ltda. | Institution | 5,782,409 | 0.43% | US$ 45.97M | 2025-06-30 |
| Brandes Investment Partners, LP | Institution | 4,759,800 | 0.35% | US$ 37.84M | 2026-03-31 |
| AZ Quest Investimentos Ltda | Institution | 4,474,722 | 0.33% | US$ 35.57M | 2025-06-30 |
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