Cosan
CSAN
50 hedge funds and large institutions have $249M invested in Cosan in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 14 closing their positions.
0.1% less ownership
Funds ownership: 0.89% → 0.79% (-0.1%)
11% less funds holding
Funds holding: 56 → 50 (-6)
22% less capital invested
Capital invested by funds: $317M → $249M (-$68.5M)
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi
Paris,
France
|
+$11.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.14M |
| 3 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
+$2.16M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$912K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Martin Currie
Edinburgh,
United Kingdom
|
-$19.5M |
| 2 |
Morgan Stanley
New York
|
-$10.4M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$8.13M |
| 4 |
Renaissance Technologies
New York
|
-$3.2M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
HSBC Holdings
London,
United Kingdom
| – | -$8.13M | -426,939 | Closed |
|
52
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$1.44M | -75,481 | Closed |
|
|
RG
53
Renaissance Group
Covington,
Kentucky
| – | -$666K | -35,027 | Closed |
|
|
GCGDR
54
Genoa Capital Gestora de Recursos
Sao Paulo,
| – | -$476K | -25,000 | Closed |
|
|
VNIM
55
Vaughan Nelson Investment Management
Houston,
Texas
| – | -$405K | -21,298 | Closed |
|
|
WG
56
Winton Group
London,
United Kingdom
| – | -$290K | -15,267 | Closed |
|
|
CSS
57
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$270K | -14,200 | Closed |
|
58
Legal & General Group
London,
United Kingdom
| – | -$94K | -4,925 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$39K | -2,024 | Closed |
|
|
TPCW
60
TD Private Client Wealth
New York
| – | -$12.8K | -672 | Closed |
|
|
ASN
61
Advisory Services Network
Atlanta,
Georgia
| – | -$10K | -517 | Closed |
|
|
SCA
62
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$2K | -137 | Closed |
|
CSAN Hedge Fund Activity: Q3 2021 in Review
50 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Cosan (CSAN) for Q3 2021, worth a combined $249M — down 22% from $317M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CSAN and 8 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 12 added.
The largest buyer was Amundi, opening a new position worth an estimated $11.6M. The largest seller was Martin Currie, cutting an estimated $19.5M.
- 50 institutional investors held Cosan (CSAN) as of Q3 2021, down from 56 in Q2 2021.
- Funds reported $249M of Cosan stock for Q3 2021, down 22% quarter-over-quarter.
- 8 funds opened new Cosan positions in Q3 2021 and 14 closed out, a net change of -6 holders.
- The largest Cosan buyer in Q3 2021 was Amundi, an estimated $11.6M added.
- The largest Cosan seller in Q3 2021 was Martin Currie, an estimated $19.5M sold.
Based on aggregated 13F filings for Q3 2021.