Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
ASAI was delisted on the 8th of January, 2025.
73 hedge funds and large institutions have $150M invested in Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 13 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
6% less funds holding
Funds holding: 78 → 73 (-5)
30% less capital invested
Capital invested by funds: $215M → $150M (-$64.5M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Soapstone Management
Bethesda,
Maryland
|
+$3.1M |
| 2 |
BlackRock
New York
|
+$1.41M |
| 3 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
+$1.26M |
| 4 |
Morgan Stanley
New York
|
+$1.12M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$920K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$4.88M |
| 2 |
RG
Renaissance Group
Covington,
Kentucky
|
-$4.26M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
-$3.75M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.53M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.38M |
ASAI Hedge Fund Activity: Q3 2024 in Review
73 of the 6,964 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 Q3 2024, worth a combined $150M — down 30% from $215M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ASAI and 9 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was Soapstone Management, adding an estimated $3.1M. The largest seller was Coronation Fund Managers, cutting an estimated $4.88M.
- 73 institutional investors held Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) (ASAI) as of Q3 2024, down from 78 in Q2 2024.
- Funds reported $150M of Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) stock for Q3 2024, down 30% quarter-over-quarter.
- 9 funds opened new Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) positions in Q3 2024 and 13 closed out, a net change of -4 holders.
- The largest Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) buyer in Q3 2024 was Soapstone Management, an estimated $3.1M added.
- The largest Sendas Distribuidora S.A. American Depositary Share (each representing five common shares) seller in Q3 2024 was Coronation Fund Managers, an estimated $4.88M sold.
Based on aggregated 13F filings for Q3 2024.