Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
ASAI was delisted on the 8th of January, 2025.
77 hedge funds and large institutions have $302M invested in Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 15 reducing their positions, and 19 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 15
12% more capital invested
Capital invested by funds: $270M → $302M (+$32.6M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 81 → 77 (-4)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$30.9M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$15.6M |
| 3 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
+$2.64M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
+$2.45M |
| 5 |
BlackRock
New York
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.35M |
| 2 |
Renaissance Technologies
New York
|
-$4.89M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.62M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.71M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$778K |
ASAI Hedge Fund Activity: Q2 2023 in Review
77 of the 6,383 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 Q2 2023, worth a combined $302M — up 12% from $270M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ASAI and 15 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 31 added.
The largest buyer was Orbis Allan Gray, adding an estimated $30.9M. The largest seller was Millennium Management, exiting entirely with an estimated $6.35M sold.
- 77 institutional investors held Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) (ASAI) as of Q2 2023, down from 81 in Q1 2023.
- Funds reported $302M of Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) stock for Q2 2023, up 12% quarter-over-quarter.
- 15 funds opened new Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) positions in Q2 2023 and 19 closed out, a net change of -4 holders.
- The largest Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) buyer in Q2 2023 was Orbis Allan Gray, an estimated $30.9M added.
- The largest Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) seller in Q2 2023 was Millennium Management, an estimated $6.35M sold.
Based on aggregated 13F filings for Q2 2023.