Instuitional Investor - Bw Gestao De Investimentos Ltda.

Filing Period:
No. Security Ticker Shares Value % Port
1. IEF 1,875,000 $376,331,250 11.97%
2. IEF 1,500,000 $301,065,000 9.57%
3.
Invesco Exchange Traded Fd T
1,463,710 $230,973,438 7.34%
4. SPY 400,000 $190,124,000 6.04%
5. SPY 350,000 $166,358,500 5.29%