Each N-PORT filing of FLBR compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/70 positions became 68: 2 added (0.03% of the fund), 4 dropped (0.88%). Turnover proxy 5.2%. Largest increases: ITAU UNIBANCO HOLDING SA 9.24% to 9.96%; AXIA ENERGIA SA 2.64% to 3.15%; AMBEV SA 2.6% to 3.04%; VALE SA 11.5% to 11.91%; EMBRAER - EMPRESA BRASILEIRA DE AERONAUTICA SA 2.05% to 2.44%; COMPANHIA SANEAMENTO DE MINAS GERAIS SA (COPASA) 0.43% to 0.66%. Largest decreases: PETROLEO BRASILEIRO SA 8.6% to 7.51%; PETROLEO BRASILEIRO SA 7.76% to 6.77%; B3 - BRASIL BOLSA BALCAO SA 3.77% to 3.2%; REDE D'OR SAO LUIZ SA 1.44% to 1.14%; PRIO SA 2.08% to 1.84%; RAIA DROGASIL SA 1.2% to 0.97%. New: B3 S.A. - BRASIL, BOLSA, BALCAO (0.02%), AXIA ENERGIA SA (0%). Gone: Centrais Elet Bras Sa Eletrobras (0.56%), Neoenergia SA (0.25%), Institutional Fidu (0.05%), Hypera SA (0.02%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 27 Aug 2026 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/73 positions became 70: 2 added (0.45% of the fund), 5 dropped (0.42%). Turnover proxy 7%. Largest increases: Petroleo Brasileiro SA 5.52% to 7.76%; Petroleo Brasileiro SA 6.4% to 8.6%; Prio SA 1.54% to 2.08%; B3 S.A. - Brasil, Bolsa, Balcao 3.31% to 3.77%; ENERGISA SA 0.65% to 0.86%; Ultrapar Participacoes S.A. 0.68% to 0.8%. Largest decreases: Embraer S.A. 2.81% to 2.05%; Itau Unibanco Holding SA 9.79% to 9.24%; Banco Bradesco SA 4.28% to 3.85%; REDE D'OR SAO LUIZ SA 1.81% to 1.44%; Weg SA 3.28% to 2.95%; Totvs SA 1.03% to 0.72%. New: COMPANHIA SANEAMENTO DE MINAS GERAIS SA (COPASA) (0.43%), Hypera SA (0.02%). Gone: Hapvida Participacoes e Invest (0.22%), SLC Agricola SA (0.13%), Braskem SA (0.07%), B3 S.A. - BRASIL, BOLSA, BALCAO (0.01%), Smartfit Escola de Ginastica e (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 21 May 2026 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/72 positions became 73: 6 added (6.91% of the fund), 5 dropped (7.26%). Turnover proxy 11.3%. Largest increases: Vale SA 10.01% to 11.78%; WEG SA 2.63% to 3.28%; COPEL 0.47% to 1.09%; Raia Drogasil SA 1.16% to 1.4%; Ambev SA 2.56% to 2.77%; Gerdau SA 1.05% to 1.18%. Largest decreases: PETROBRAS 6.05% to 5.52%; PETROBRAS 6.92% to 6.4%; Hapvida Participacoes e Invest 0.54% to 0.22%; Itau Unibanco Holding SA 10.04% to 9.79%; Rede D'Or Sao Luiz SA 2% to 1.81%; Sendas Distribuidora S/A 0.63% to 0.45%. New: Embraer SA (2.81%), Axia Energia (2.68%), Axia Energia (0.82%), Axia Energia (0.54%), Localiza Rent a Car SA (0.06%), Smartfit Escola de Ginastica e (0%). Gone: Eletrobras SA (2.94%), Embraer SA (2.7%), COPEL (0.64%), Eletrobras SA (0.61%), AMBIPAR PARTICIPACOES E E (0.36%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 26 Feb 2026 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/76 positions became 72: 4 added (1.81% of the fund), 8 dropped (2.38%). Turnover proxy 6.1%. Largest increases: Vale SA 9.34% to 10.01%; Eletrobras SA 2.32% to 2.94%; Itau Unibanco Holding SA 9.69% to 10.04%; Banco BTG Pactual SA 2.44% to 2.75%; Rede D'Or Sao Luiz SA 1.75% to 2%; Cia de Saneamento Basico do Es 2.69% to 2.92%. Largest decreases: WEG SA 3.14% to 2.63%; B3 SA - Brasil Bolsa Balcao 3.76% to 3.38%; AMBIPAR PARTICIPACOES E E 0.7% to 0.36%; Ambev SA 2.88% to 2.56%; Lojas Renner SA 1.03% to 0.74%; PETROBRAS 6.26% to 6.05%. New: MBRF GLOBAL FOODS COMPANY SA (0.78%), Cia De Sanena Do Parana (0.56%), Natura Cosmeticos SA (0.4%), B3 S.A. - BRASIL, BOLSA, BALCAO (0.07%). Gone: BRF SA (0.74%), Natura & Co Holding SA (0.49%), Santos Brasil Participacoes SA (0.45%), Marfrig Global Foods SA (0.29%), Bradespar SA (0.18%), Sao Martinho S/A (0.13%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Nov 2025 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/82 positions became 76: 1 added (0.81% of the fund), 7 dropped (3.29%). Turnover proxy 10.8%. Largest increases: Itau Unibanco Holding SA 8.28% to 9.69%; Banco Bradesco SA 3.24% to 4.29%; Rede D'Or Sao Luiz SA 1.19% to 1.75%; B3 SA - Brasil Bolsa Balcao 3.24% to 3.76%; Banco BTG Pactual SA 1.97% to 2.44%; Ambipar Participacoes e Empreendimentos S/A 0.27% to 0.7%. Largest decreases: Petroleo Brasileiro SA - Petrobras 10.08% to 7.05%; Petroleo Brasileiro SA - Petrobras 7.5% to 6.26%; Vale SA 10.23% to 9.34%; Banco do Brasil SA 2.38% to 1.88%; Raia Drogasil SA 1.32% to 0.97%; Centrais Eletricas Brasileiras SA 2.6% to 2.32%. New: Motiva Infraestrutura de Mobilidade SA (0.81%). Gone: JBS S/A (2.31%), CCR SA (0.64%), Atacadao SA (0.2%), Vamos Locacao de Caminhoes Maquinas e Equipamentos SA (0.1%), B3 SA - Brasil, Bolsa, Balcao (0.02%), Itausa SA (0.01%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 26 Aug 2025 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/83 positions became 82: 4 added (0.77% of the fund), 5 dropped (0.4%). Turnover proxy 4.5%. Largest increases: Itau Unibanco Holding SA 7.81% to 8.28%; B3 SA - Brasil Bolsa Balcao 2.92% to 3.24%; Centrais Eletricas Brasileiras SA 2.32% to 2.6%; Banco BTG Pactual SA 1.69% to 1.97%; Eneva SA 0.16% to 0.41%; Ambev SA 2.69% to 2.92%. Largest decreases: WEG SA 4.11% to 3.33%; Suzano SA 2.17% to 1.74%; Raia Drogasil SA 1.62% to 1.32%; Petroleo Brasileiro SA 10.38% to 10.08%; Klabin SA 1.09% to 0.83%; Gerdau SA 1.32% to 1.08%. New: Brava Energia (0.47%), Ambipar Participacoes e Empreendimentos S/A (0.27%), B3 SA - Brasil, Bolsa, Balcao (0.02%), Itausa SA (0.01%). Gone: Unipar Carbocloro SA (0.14%), Magazine Luiza SA (0.13%), Alpargatas SA (0.07%), Intelbras SA Industria de Telecomunicacao Eletronica Brasile (0.06%), Smartfit Escola de Ginastica e Danca SA (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 20 May 2025 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/83 positions became 83: 3 added (0.33% of the fund), 3 dropped (0.42%). Turnover proxy 5.9%. Largest increases: Petroleo Brasileiro SA 9.34% to 10.38%; Petroleo Brasileiro SA 6.91% to 7.66%; Embraer SA 1.68% to 2.17%; JBS S/A 1.69% to 2.17%; Suzano SA 1.79% to 2.17%; PRIO SA/Brazil 1.38% to 1.69%. Largest decreases: Vale SA 11.67% to 10.44%; Itau Unibanco Holding SA 8.29% to 7.81%; Banco Bradesco SA 3.6% to 3.14%; Hapvida Participacoes e Investimentos S/A 0.9% to 0.56%; Localiza Rent a Car SA 1.94% to 1.66%; Cosan SA 0.74% to 0.52%. New: Isa Energia Brasil sa (0.32%), Automob Participacoes SA (0.01%), Smartfit Escola de Ginastica e Danca SA (0%). Gone: CTEEP-Cia de Transmissao de Energia Eletrica Paulista (0.33%), Equatorial Energia SA (0.1%), Diagnosticos da America SA (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 24 Feb 2025 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/86 positions became 83: 4 added (0.82% of the fund), 7 dropped (0.59%). Turnover proxy 5.3%. Largest increases: WEG SA 3.12% to 3.81%; Cia de Saneamento Basico do Estado de Sao Paulo SABESP 1.29% to 1.86%; Itau Unibanco Holding SA 7.82% to 8.29%; Banco Bradesco SA 3.19% to 3.6%; Embraer SA 1.32% to 1.68%; Ambev SA 2.48% to 2.71%. Largest decreases: Petroleo Brasileiro SA 10.61% to 9.34%; Petroleo Brasileiro SA 7.43% to 6.91%; JBS S/A 2.17% to 1.69%; Vale SA 12% to 11.67%; Sendas Distribuidora S/A 0.7% to 0.48%; Suzano SA 1.95% to 1.79%. New: Santos Brasil Participacoes SA (0.5%), Marfrig Global Foods SA (0.22%), Equatorial Energia SA (0.1%), Diagnosticos da America SA (0%). Gone: Cielo SA (0.33%), Dexco SA (0.12%), B3 SA - Brasil, Bolsa, Balcao (0.04%), Bradespar SA (0.04%), Diagnosticos da America SA (0.04%), Equatorial Energia SA (0.02%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 27 Nov 2024 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/82 positions became 86: 4 added (0.11% of the fund), 0 dropped (0%). Turnover proxy 4.8%. Largest increases: Vale SA 10.99% to 12%; JBS S/A 1.38% to 2.17%; Petroleo Brasileiro SA 6.76% to 7.43%; Petroleo Brasileiro SA 9.99% to 10.61%; WEG SA 2.7% to 3.12%; BRF SA 0.51% to 0.75%. Largest decreases: Localiza Rent a Car SA 2.2% to 1.76%; B3 SA - Brasil Bolsa Balcao 3.21% to 2.83%; Banco BTG Pactual SA 2.29% to 1.94%; Banco Bradesco SA 3.52% to 3.19%; Centrais Eletricas Brasileiras SA 2.63% to 2.33%; Sendas Distribuidora S/A 0.94% to 0.7%. New: B3 SA - Brasil, Bolsa, Balcao (0.04%), Institutional Fiduciary Trust - Money Market Portfolio (0.04%), Equatorial Energia SA (0.02%), Localiza Rent a Car SA (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 26 Aug 2024 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/85 positions became 82: 0 added (0% of the fund), 3 dropped (0.28%). Turnover proxy 5.5%. Largest increases: Itau Unibanco Holding SA 7.35% to 7.97%; Petroleo Brasileiro SA 9.37% to 9.99%; Itausa SA 2.25% to 2.71%; Embraer SA 0.74% to 1.17%; Suzano SA 1.74% to 2.15%; Petroleo Brasileiro SA 6.48% to 6.76%. Largest decreases: Vale SA 13.14% to 10.99%; B3 SA - Brasil Bolsa Balcao 3.75% to 3.21%; Banco Bradesco SA 3.98% to 3.52%; Eneva SA 0.74% to 0.34%; Localiza Rent a Car SA 2.43% to 2.2%; JBS S/A 1.51% to 1.38%. Gone: GRUPO DE MODA SOMA SA (0.15%), B3 S.A. - Brasil, Bolsa, Balcao (0.13%), Localiza Rent a Car SA (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 May 2024 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/85 positions became 85: 3 added (0.69% of the fund), 3 dropped (0.57%). Turnover proxy 4.4%. Largest increases: Itau Unibanco Holding SA 6.61% to 7.35%; JBS S/A 1.23% to 1.51%; Vale SA 12.9% to 13.14%; Banco Bradesco SA 3.74% to 3.98%; Ultrapar Participacoes SA 0.78% to 0.99%; B3 SA - Brasil Bolsa Balcao 3.55% to 3.75%. Largest decreases: Petroleo Brasileiro SA 7.06% to 6.48%; Petroleo Brasileiro SA 9.77% to 9.37%; Cia Energetica de Minas Gerais 0.32% to 0.03%; WEG SA 2.72% to 2.45%; Ambev SA 2.88% to 2.68%; Suzano SA 1.93% to 1.74%. New: Allos SA (0.56%), B3 S.A. - Brasil, Bolsa, Balcao (0.13%), Localiza Rent a Car SA (0%). Gone: Aliansce Sonae Shopping Centers sa (0.53%), Itausa SA (0.03%), Localiza Rent a Car SA (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 28 Feb 2024 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/85 positions became 85: 4 added (0.73% of the fund), 4 dropped (0.66%). Turnover proxy 5.8%. Largest increases: Petroleo Brasileiro SA 8.25% to 9.77%; Petroleo Brasileiro SA 6.11% to 7.06%; Vale SA 12.42% to 12.9%; Suzano SA 1.53% to 1.93%; PRIO SA/Brazil 1.24% to 1.58%; Banco BTG Pactual SA 1.83% to 2.05%. Largest decreases: B3 SA - Brasil Bolsa Balcao 4.18% to 3.55%; Banco Bradesco SA 4.25% to 3.74%; Ambev SA 3.34% to 2.88%; Localiza Rent a Car SA 2.87% to 2.48%; Lojas Renner SA 0.96% to 0.64%; Rede D'Or Sao Luiz SA 1.25% to 1%. New: Aliansce Sonae Shopping Centers sa (0.53%), Alupar Investimento SA (0.16%), Itausa SA (0.03%), Localiza Rent a Car SA (0%). Gone: EDP - Energias do Brasil SA (0.32%), Petroreconcavo S/A (0.17%), Marfrig Global Foods SA (0.11%), Equatorial Energia SA (0.05%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 17 Nov 2023 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/85 positions became 85: 1 added (0.05% of the fund), 1 dropped (0%). Turnover proxy 7.4%. Largest increases: Petroleo Brasileiro SA 7.3% to 8.25%; B3 SA - Brasil Bolsa Balcao 3.49% to 4.18%; Petroleo Brasileiro SA 5.46% to 6.11%; Banco BTG Pactual SA 1.26% to 1.83%; Localiza Rent a Car SA 2.34% to 2.87%; Hapvida Participacoes e Investimentos S/A 0.59% to 1.04%. Largest decreases: Vale SA 17.36% to 12.42%; WEG SA 3.36% to 2.79%; BB Seguridade Participacoes SA 1.23% to 1.03%; Embraer SA 0.86% to 0.68%; Gerdau SA 1.51% to 1.35%; JBS S/A 1.33% to 1.17%. New: Equatorial Energia SA (0.05%). Gone: Localiza Rent a Car SA (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 29 Aug 2023 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/90 positions became 85: 3 added (0.3% of the fund), 8 dropped (1.25%). Turnover proxy 4.9%. Largest increases: Itau Unibanco Holding SA 6.16% to 6.65%; WEG SA 2.93% to 3.36%; Banco do Brasil SA 1.52% to 1.85%; Embraer SA 0.54% to 0.86%; Petroleo Brasileiro SA 7.03% to 7.3%; Ambev SA 3.24% to 3.48%. Largest decreases: B3 SA - Brasil Bolsa Balcao 4.1% to 3.49%; Hapvida Participacoes e Investimentos S/A 1.04% to 0.59%; Centrais Eletricas Brasileiras SA 2.83% to 2.44%; Vale SA 17.64% to 17.36%; Rede D'Or Sao Luiz SA 1.18% to 0.91%; Banco Bradesco SA 4.02% to 3.8%. New: Petroreconcavo S/A (0.22%), Intelbras SA Industria de Telecomunicacao Eletronica Brasile (0.08%), Localiza Rent a Car SA (0%). Gone: BR Malls Participacoes SA (0.35%), Americanas SA (0.32%), Raizen SA (0.23%), Odontoprev SA (0.13%), Grendene SA (0.11%), SIMPAR SA (0.1%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 25 May 2023 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/90 positions became 90: 2 added (0.01% of the fund), 2 dropped (0.43%). Turnover proxy 7.7%. Largest increases: Vale SA 13.94% to 17.64%; WEG SA 2.39% to 2.93%; Rede D'Or Sao Luiz SA 0.71% to 1.18%; Petro Rio SA 0.91% to 1.27%; BB Seguridade Participacoes SA 0.88% to 1.17%; Gerdau SA 1.29% to 1.55%. Largest decreases: Petroleo Brasileiro SA 8.31% to 7.03%; Banco Bradesco SA 5.14% to 4.02%; Petroleo Brasileiro SA 6.11% to 5.31%; Itau Unibanco Holding SA 6.75% to 6.16%; Hapvida Participacoes e Investimentos S/A 1.51% to 1.04%; Lojas Renner SA 1.35% to 1.01%. New: B3 S.A. - Brasil, Bolsa, Balcao (0.01%), Localiza Rent a Car SA (0%). Gone: Sul America SA (0.43%), Localiza Rent a Car SA (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 Feb 2023 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/96 positions became 90: 3 added (0.3% of the fund), 9 dropped (1.58%). Turnover proxy 7.1%. Largest increases: Itau Unibanco Holding SA 5.75% to 6.75%; Localiza Rent a Car SA 1.64% to 2.36%; B3 SA - Brasil Bolsa Balcao 3.51% to 3.95%; Banco Bradesco SA 4.7% to 5.14%; Hapvida Participacoes e Investimentos S/A 1.16% to 1.51%; WEG SA 2.06% to 2.39%. Largest decreases: Vale SA 16.51% to 13.94%; JBS SA 2.28% to 1.69%; Centrais Eletricas Brasileiras SA 3.01% to 2.66%; Suzano SA 1.91% to 1.61%; Telefonica Brasil SA 1.1% to 0.88%; Klabin SA 0.85% to 0.69%. New: SLC Agricola SA (0.22%), Diagnosticos da America SA (0.08%), Localiza Rent a Car SA (0%). Gone: Cia de Locacao das Americas (0.41%), YDUQS Participacoes SA (0.21%), Azul SA (0.19%), Cyrela Brazil Realty SA Empreendimentos e Participacoes (0.18%), Via S/A (0.16%), Cia Brasileira de Distribuicao (0.13%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 04 Nov 2022 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/101 positions became 96: 0 added (0% of the fund), 5 dropped (0.45%). Turnover proxy 6.2%. Largest increases: Centrais Eletricas Brasileiras SA 0.99% to 3.01%; Petroleo Brasileiro SA 5.55% to 5.97%; Eneva SA 0.62% to 0.93%; Centrais Eletricas Brasileiras SA 0.44% to 0.71%; Banco do Brasil SA 1.25% to 1.52%; Petroleo Brasileiro SA 7.97% to 8.22%. Largest decreases: Hapvida Participacoes e Investimentos S/A 2.02% to 1.16%; B3 SA - Brasil Bolsa Balcao 4.1% to 3.51%; Magazine Luiza SA 0.88% to 0.38%; Americanas SA 0.91% to 0.47%; Natura & Co Holding SA 1.08% to 0.69%; Rede D'Or Sao Luiz SA 1.01% to 0.71%. Gone: Banco Inter SA (0.25%), Banco Inter SA (0.13%), B3 S.A. - Brasil, Bolsa, Balcao (0.04%), Getnet Adquirencia e Servicos para Meios de Pagamento SA (0.02%), Americanas SA (0.02%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Aug 2022 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/107 positions became 101: 5 added (0.72% of the fund), 11 dropped (3.15%). Turnover proxy 7.1%. Largest increases: Hapvida Participacoes e Investimentos SA 0.65% to 2.02%; Vale SA 15.59% to 16.72%; B3 SA - Brasil Bolsa Balcao 3.32% to 4.1%; Itau Unibanco Holding SA 4.91% to 5.61%; JBS SA 1.68% to 2.28%; Banco BTG Pactual SA 0.98% to 1.29%. Largest decreases: Embraer SA 0.9% to 0.47%; Suzano SA 2.11% to 1.69%; Ambev SA 3.28% to 2.87%; WEG SA 2.38% to 2.19%; Magazine Luiza SA 1.06% to 0.88%; Braskem SA 0.53% to 0.36%. New: GRUPO DE MODA SOMA SA (0.29%), Auren Energia SA (0.19%), Unipar Carbocloro SA (0.19%), B3 S.A. - Brasil, Bolsa, Balcao (0.04%), Americanas SA (0.02%). Gone: Notre Dame Intermedica Participacoes SA (1.53%), Lojas Americanas SA (0.27%), Cogna Educacao (0.23%), IRB Brasil Resseguros S/A (0.22%), Fleury SA (0.2%), Cia Energetica de Sao Paulo (0.2%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 10 May 2022 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/101 positions became 107: 7 added (2.28% of the fund), 1 dropped (1.25%). Turnover proxy 8.7%. Largest increases: Vale SA 13.57% to 15.59%; Petroleo Brasileiro SA 6.88% to 7.75%; Petroleo Brasileiro SA 4.7% to 5.54%; Suzano SA 1.78% to 2.11%; Ambev SA 3.01% to 3.28%; Telefonica Brasil SA 0.84% to 1.04%. Largest decreases: Itau Unibanco Holding SA 6.26% to 4.91%; Magazine Luiza SA 1.94% to 1.06%; Natura & Co Holding SA 1.96% to 1.18%; Rede D'Or Sao Luiz SA 1.46% to 1.02%; Bradespar SA 0.61% to 0.31%; WEG SA 2.66% to 2.38%. New: Vibra Energia SA (1.21%), Raizen SA (0.37%), GPS Participacoes e Empreendimentos SA (0.33%), Caixa Seguridade Participacoes S/A (0.18%), Smartfit Escola de Ginastica e Danca SA (0.08%), Armac Locacao Logistica E Servicos SA (0.08%). Gone: Petrobras Distribuidora SA (1.25%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Feb 2022 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/96 positions became 101: 10 added (3.57% of the fund), 5 dropped (1.97%). Turnover proxy 10.1%. Largest increases: Rede D'Or Sao Luiz SA 0.59% to 1.46%; WEG SA 1.97% to 2.66%; Itau Unibanco Holding SA 5.65% to 6.26%; JBS SA 1.07% to 1.55%; Petrobras Distribuidora SA 0.77% to 1.25%; Petroleo Brasileiro SA 6.49% to 6.88%. Largest decreases: Vale SA 17.89% to 13.57%; Lojas Americanas SA 0.79% to 0.2%; B3 SA - Brasil Bolsa Balcao 4.05% to 3.52%; Magazine Luiza SA 2.42% to 1.94%; Banco Bradesco SA 4.77% to 4.43%; Cia Siderurgica Nacional SA 1.09% to 0.83%. New: Embraer SA (0.78%), Petro Rio SA (0.77%), Americanas SA (0.58%), Via S/A (0.55%), Banco Pan SA (0.21%), Dexco SA (0.21%). Gone: Via Varejo S/A (0.97%), B2W Cia Digital (0.53%), Duratex SA (0.27%), Cia de Saneamento do Parana (0.2%), ULTRAPAR PARTICIPACOES SA RTS (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 12 Nov 2021 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/95 positions became 96: 2 added (0.13% of the fund), 1 dropped (0.01%). Turnover proxy 8%. Largest increases: Vale SA 14.76% to 17.89%; Petroleo Brasileiro SA 5.03% to 6.49%; Klabin SA 0.4% to 0.82%; Centrais Eletricas Brasileiras SA 0.65% to 1.04%; Petroleo Brasileiro SA 4.05% to 4.41%; Via Varejo S/A 0.64% to 0.97%. Largest decreases: B3 SA - Brasil Bolsa Balcao 5.09% to 4.05%; WEG SA 2.52% to 1.97%; Suzano SA 2.28% to 1.72%; Itau Unibanco Holding SA 6.15% to 5.65%; Banco Bradesco SA 5.22% to 4.77%; Raia Drogasil SA 1.31% to 1.03%. New: Grupo Mateus SA (0.13%), ULTRAPAR PARTICIPACOES SA RTS (0%). Gone: B3 S.A. - Brasil, Bolsa, Balcao (0.01%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 13 Aug 2021 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/93 positions became 95: 5 added (1.86% of the fund), 3 dropped (0.52%). Turnover proxy 7.1%. Largest increases: Vale SA 12.94% to 14.76%; Cosan SA 0.52% to 1.32%; Suzano SA 1.9% to 2.28%; JBS SA 1.04% to 1.35%; Gerdau SA 1.18% to 1.48%; Banco Inter SA 0.39% to 0.63%. Largest decreases: Petroleo Brasileiro SA 5.81% to 5.03%; Petroleo Brasileiro SA 4.8% to 4.05%; Itau Unibanco Holding SA 6.83% to 6.15%; B3 SA - Brasil Bolsa Balcao 5.7% to 5.09%; Magazine Luiza SA 2.97% to 2.45%; Cia Brasileira de Distribuicao 0.57% to 0.26%. New: Sendas Distribuidora SA (0.57%), Metalurgica Gerdau SA (0.44%), Locaweb Servicos de Internet SA (0.41%), Marfrig Global Foods SA (0.3%), Usinas Siderurgicas de Minas Gerais SA Usiminas (0.14%). Gone: Embraer SA (0.29%), Banco do Estado do Rio Grande do Sul SA (0.14%), Cosan Logistica SA (0.09%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 May 2021 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/92 positions became 93: 3 added (0.99% of the fund), 2 dropped (1.64%). Turnover proxy 8.1%. Largest increases: Vale SA 11.17% to 12.94%; Telefonica Brasil SA 0.07% to 0.94%; Petroleo Brasileiro SA 5.13% to 5.81%; Itau Unibanco Holding SA 6.2% to 6.83%; Petroleo Brasileiro SA 4.19% to 4.8%; Banco Bradesco SA 4.73% to 5.2%. Largest decreases: B3 SA - Brasil Bolsa Balcao 6.45% to 5.7%; Magazine Luiza SA 3.39% to 2.97%; B2W Cia Digital 1.07% to 0.7%; Lojas Americanas SA 1.29% to 0.93%; Via Varejo S/A 1.15% to 0.85%; Rumo SA 1.37% to 1.09%. New: TIM SA/Brazil (0.53%), Rede D'Or Sao Luiz SA (0.44%), B3 S.A. - Brasil, Bolsa, Balcao (0.01%). Gone: Telefonica Brasil SA (1.03%), TIM Participacoes SA (0.61%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Feb 2021 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/93 positions became 92: 3 added (0.55% of the fund), 4 dropped (0.4%). Turnover proxy 5.8%. Largest increases: Magazine Luiza SA 2.71% to 3.39%; Vale SA 10.51% to 11.17%; WEG SA 2.17% to 2.79%; Natura & Co Holding SA 1.67% to 2.21%; Localiza Rent a Car SA 1.28% to 1.79%; Via Varejo S/A 0.83% to 1.15%. Largest decreases: Itau Unibanco Holding SA 6.99% to 6.2%; Petroleo Brasileiro SA 4.74% to 4.19%; Petroleo Brasileiro SA 5.63% to 5.13%; Ambev SA 3.52% to 3.12%; Energisa SA 0.72% to 0.35%; Cia de Saneamento Basico do Estado de Sao Paulo 1.13% to 0.91%. New: Banco Inter SA (0.26%), Ez Tec Empreendimentos e Participacoes SA (0.19%), Banco Inter SA (0.11%). Gone: Gol Linhas Aereas Inteligentes SA (0.17%), CVC Brasil Operadora e Agencia de Viagens SA (0.13%), Natura & Co Holding SA (0.08%), B3 S.A. - Brasil, Bolsa, Balcao (0.02%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 05 Nov 2020 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/91 positions became 93: 2 added (0.1% of the fund), 0 dropped (0%). Turnover proxy 9.6%. Largest increases: B3 SA - Brasil Bolsa Balcao 5.33% to 6.44%; Petroleo Brasileiro SA 3.89% to 4.74%; Magazine Luiza SA 1.88% to 2.71%; Petroleo Brasileiro SA 4.94% to 5.63%; Via Varejo S/A 0.15% to 0.83%; B2W Cia Digital 0.69% to 1.2%. Largest decreases: Banco Bradesco SA 6.25% to 4.58%; Itau Unibanco Holding SA 8.15% to 6.99%; Suzano SA 2.15% to 1.21%; Vale SA 11.09% to 10.51%; Itausa SA 2.86% to 2.46%; Telefonica Brasil SA 1.52% to 1.15%. New: Natura & Co Holding SA (0.08%), B3 S.A. - Brasil, Bolsa, Balcao (0.02%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 24 Aug 2020 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/81 positions became 91: 14 added (4.47% of the fund), 4 dropped (0.69%). Turnover proxy 12.1%. Largest increases: Vale SA 9.18% to 11.09%; B3 SA - Brasil Bolsa Balcao 4.27% to 5.33%; WEG SA 1.28% to 1.84%; Suzano SA 1.6% to 2.15%; Natura & Co Holding SA 0.73% to 1.27%; Raia Drogasil SA 1.27% to 1.72%. Largest decreases: Petroleo Brasileiro SA 7.13% to 4.94%; Banco Bradesco SA 7.31% to 6.25%; IRB Brasil Resseguros S/A 1.64% to 0.6%; Petroleo Brasileiro SA 4.74% to 3.89%; Itau Unibanco Holding SA 8.8% to 8.15%; Banco do Brasil SA 2.22% to 1.79%. New: Itau Unibanco Holding SA (0.86%), Cia Brasileira de Distribuicao (0.8%), TOTVS SA (0.56%), Qualicorp Consultoria e Corretora de Seguros SA (0.41%), Cia de Saneamento do Parana (0.35%), Cyrela Brazil Realty SA Empreendimentos e Participacoes (0.26%). Gone: Cia Brasileira de Distribuicao (0.69%), LOJAS AMERICANAS SA (0%), LOJAS AMERICANAS SA RIGHT (0%), B3 S.A. - Brasil, Bolsa, Balcao (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 15 May 2020 12:00:00 GMThttps://themulden.com/funds/flbr/https://themulden.com/funds/flbr/79 positions became 81: 6 added (1.83% of the fund), 4 dropped (2.01%). Turnover proxy 6.7%. Largest increases: Petroleo Brasileiro SA 5.9% to 7.13%; Notre Dame Intermedica Participacoes SA 1.13% to 1.52%; Magazine Luiza SA 1.2% to 1.51%; WEG SA 0.98% to 1.28%; Gerdau SA 0.75% to 1.03%; Vale SA 8.9% to 9.18%. Largest decreases: Itausa - Investimentos Itau SA 4.44% to 3.09%; Ambev SA 4.65% to 4.08%; B3 SA - Brasil Bolsa Balcao 4.81% to 4.27%; JBS SA 1.75% to 1.26%; Banco do Brasil SA 2.62% to 2.22%; Itau Unibanco Holding SA 8.98% to 8.8%. New: Cogna Educacao (0.84%), Natura & Co Holding SA (0.73%), Neoenergia SA (0.26%), LOJAS AMERICANAS SA (0%), LOJAS AMERICANAS SA RIGHT (0%), B3 S.A. - Brasil, Bolsa, Balcao (0%). Gone: Kroton Educacional SA (0.92%), Natura Cosmeticos SA (0.69%), BM&F Bovespa S.a. - Bolsa De Valores, Mercadorias e Futu (0.32%), B2W Cia Digital (0.08%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Feb 2020 12:00:00 GMT