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.	Wealthquest Corp	17,883	$2,088,232	0.17%
3.	Comprehensive Portfolio Management, Llc	83,867	$731,322	0.02%
4.	Investors Research Corp	79,212	$690,729	0.15%
5.	Legacy Wealth Asset Management, Llc	75,123	$655,073	0.18%