Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
ASAI was delisted on the 8th of January, 2025.
81 hedge funds and large institutions have $270M invested in Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more capital invested
Capital invested by funds: $205M → $270M (+$65M)
17% more funds holding
Funds holding: 69 → 81 (+12)
0% more call options, than puts
Call options by funds: $88K | Put options by funds: $88K
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$56.4M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$36.2M |
| 3 |
Millennium Management
New York
|
+$7.29M |
| 4 |
Renaissance Technologies
New York
|
+$4.05M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.23M |
| 2 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$2.05M |
| 3 |
SM
Soapstone Management
Bethesda,
Maryland
|
-$1.4M |
| 4 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$1.18M |
| 5 |
Amundi
Paris,
France
|
-$1.17M |
ASAI Hedge Fund Activity: Q1 2023 in Review
81 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) (ASAI) for Q1 2023, worth a combined $270M — up 32% from $205M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ASAI positions and 11 closed out — a net gain of 12 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was Orbis Allan Gray, adding an estimated $56.4M. The largest seller was Bank of America, cutting an estimated $2.23M.
- 81 institutional investors held Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) (ASAI) as of Q1 2023, up from 69 in Q4 2022.
- Funds reported $270M of Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) stock for Q1 2023, up 32% quarter-over-quarter.
- 23 funds opened new Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) positions in Q1 2023 and 11 closed out, a net change of +12 holders.
- The largest Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) buyer in Q1 2023 was Orbis Allan Gray, an estimated $56.4M added.
- The largest Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) seller in Q1 2023 was Bank of America, an estimated $2.23M sold.
Based on aggregated 13F filings for Q1 2023.