Vivo Participacoes S A (VIV)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Robeco Institutional Asset Management B.v.	15,613,608	$136,150,662	0.26%
2.	Blackrock, Inc.	5,873,749	$51,219,093	0%
3.	Envestnet Asset Management Inc	449,213	$3,917,141	0%
4.	Wealthquest Corp	17,883	$2,088,232	0.17%
5.	Waterfront Wealth Inc.	179,550	$1,565,680	0.38%