Vivo Participacoes S A (VIV)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Artisan Partners Limited Partnership	18,168,660	$198,765,140	0.3%
2.	Robeco Institutional Asset Management B.v.	13,288,527	$145,376,487	0.35%
3.	Blackrock Inc.	7,962,074	$87,105,086	0%
4.	Bank Of America Corp	4,616,631	$50,505,947	0%
5.	Macquarie Group Ltd	3,330,380	$36,434,000	0.04%