Vinland Capital Management Gestora de Recursos LTDA.

**Vinland Capital Management Gestora de Recursos LTDA.** manages $2.0B across a concentrated portfolio of 8 positions. The fund exhibits significant overweighting in select names, notably allocating $722.5M to BVXB and $704.9M to EWZ. Further substantial exposure includes $304.0M in ASHR and $153.7M in TIP. This structure indicates a focused, high-conviction approach targeting specific market segments.

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