ULTRAPAR PARTICIPACOES SA

Ticker: UGP CUSIP: 90400P101 Class: ADR

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
Naman Capital Ltda13,687,979$51,604
MORGAN STANLEY4,947,134$18,651
GOLDMAN SACHS GROUP INC4,214,612$15,889
BlackRock, Inc.3,569,144$13,456
RENAISSANCE TECHNOLOGIES LLC3,382,778$12,753
AMERICAN CENTURY COMPANIES INC3,049,669$11,497
JPMORGAN CHASE & CO2,744,442$10,347
DEUTSCHE BANK AG\2,147,914$8,098
UBS Group AG1,876,765$7,075
BANK OF AMERICA CORP /DE/1,832,496$6,909
BANK OF MONTREAL /CAN/1,824,000$6,876
MILLENNIUM MANAGEMENT LLC1,610,338$6,071
JANE STREET GROUP, LLC1,150,919$4,339
Qube Research & Technologies Ltd1,064,526$4,013
Kapitalo Investimentos Ltda874,882$3,298
MARSHALL WACE, LLP853,367$3,217
Banco BTG Pactual S.A.697,900$2,631
DIMENSIONAL FUND ADVISORS LP662,738$2,499
Point72 Asset Management, L.P.596,782$2,250
SPX Gestao de Recursos Ltda582,585$2,196
WELLINGTON MANAGEMENT GROUP LLP563,060$2,123
LONGFELLOW INVESTMENT MANAGEMENT CO LLC534,513$2,015
TWO SIGMA INVESTMENTS, LP454,111$1,712
HSBC HOLDINGS PLC447,618$1,688
Optiver Holding B.V.440,252$1,660
Capital Innovations LLC405,382$1,528
Creative Planning351,390$1,325
O'SHAUGHNESSY ASSET MANAGEMENT, LLC342,978$1,293
Banque Cantonale Vaudoise300,000$1,131
WELLS FARGO & COMPANY/MN291,168$1,098
Vident Advisory, LLC286,333$1,079
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP276,228$1,041
Invesco Ltd.255,013$961
ACADIAN ASSET MANAGEMENT LLC253,830$1
STATE STREET CORP249,883$942
BALYASNY ASSET MANAGEMENT L.P.225,270$849
Connor, Clark & Lunn Investment Management Ltd.196,895$742
Bleakley Financial Group, LLC189,528$715
Prospera Financial Services Inc187,807$708
RITHOLTZ WEALTH MANAGEMENT177,022$667
Parvin Asset Management, LLC166,400$627
NORTHERN TRUST CORP164,313$619
Compound Planning, Inc.161,337$608
RHUMBLINE ADVISERS154,968$584
Legal & General Group Plc135,500$512
Advisors Asset Management, Inc.125,338$473
XTX Topco Ltd122,561$462
BNP PARIBAS ARBITRAGE, SA120,087$453
Mariner, LLC118,358$447
TWO SIGMA ADVISERS, LP112,900$426
Schonfeld Strategic Advisors LLC111,972$422
Vanguard Personalized Indexing Management, LLC106,530$402
GUGGENHEIM CAPITAL LLC94,021$354
Laird Norton Wetherby Trust Company, LLC88,988$335
Walleye Capital LLC83,745$316
Cerity Partners LLC79,600$300
SEI INVESTMENTS CO79,397$299
PNC Financial Services Group, Inc.75,092$283
Ethic Inc.70,352$265
Russell Investments Group, Ltd.69,292$261
AQR CAPITAL MANAGEMENT LLC64,594$244
Sequoia Financial Advisors, LLC63,023$238
Corient Private Wealth LLC62,118$234
Centiva Capital, LP60,963$230
RBF Capital, LLC55,229$208
QRG CAPITAL MANAGEMENT, INC.53,189$201
CITADEL ADVISORS LLC52,064$196
PharVision Advisers, LLC51,880$196
CITIGROUP INC49,019$185
VPR Management LLC46,700$176
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO44,534$168
Mirae Asset Global Investments Co., Ltd.37,647$142
Pathstone Holdings, LLC37,308$141
Inspire Advisors, LLC35,163$133
SIGNATUREFD, LLC33,774$127
IEQ CAPITAL, LLC33,648$127
West Family Investments, Inc.33,240$125
ENVESTNET ASSET MANAGEMENT INC32,679$123
FMR LLC31,185$118
Aprio Wealth Management, LLC28,817$109
PDS Planning, Inc28,286$107
Ronald Blue Trust, Inc.27,693$104
Magnetar Financial LLC22,783$86
QUADRANT CAPITAL GROUP LLC22,550$85
Sivia Capital Partners, LLC22,136$83
Parallel Advisors, LLC21,790$82
Beaumont Financial Advisors, LLC20,920$79
Tuttle Capital Management, LLC20,767$78
Inspire Investing, LLC20,725$78
Robeco Institutional Asset Management B.V.19,234$73
FRANKLIN RESOURCES INC19,210$72
PROFUND ADVISORS LLC18,184$69
YOUSIF CAPITAL MANAGEMENT, LLC17,210$72
Ausdal Financial Partners, Inc.17,159$65
US BANCORP \DE\16,872$64
Brinker Capital Investments, LLC16,737$63
Graham Capital Management, L.P.16,443$62
GAMMA Investing LLC16,377$62
PFG Investments, LLC16,300$61
Squarepoint Ops LLC15,696$59
42 other institutions242,414$812
Total (142 institutions)61,586,262$231,131