FLOW TRADERS U.S. LLC - 31 Dec 2025 SCHEDULE 13G Report for AZUL SA Common Stock (AZULQ)

Filing Manager: FLOW TRADERS U.S. LLC
Reporting Manager: FLOW TRADERS U.S. LLC
Security: AZUL SA Common Stock
Symbol: AZULQ
Shares outstanding: 89,609 shares
Disclosed Ownership: 7,572 shares
Ownership: 8.4%
Form type: SCHEDULE 13G
Filing time: 30 Jan 2026, 16:35:17 UTC
Date of event: 31 Dec 2025
SEC: View on sec.gov

Reporting Managers (1)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
FLOW TRADERS U.S. LLC	8.4%	7,572	7,572	0	Kyle Jose	Chief Compliance Officer