Cosan
CSAN
65 hedge funds and large institutions have $177M invested in Cosan in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 13 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
12% more capital invested
Capital invested by funds: $158M → $177M (+$18.5M)
0.08% less ownership
Funds ownership: 0.72% → 0.63% (-0.08%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 66 → 65 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$4.12M |
| 2 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
+$3.22M |
| 3 |
Morgan Stanley
New York
|
+$2.76M |
| 4 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
+$1.98M |
| 5 |
Millennium Management
New York
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
-$11.3M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
-$4.95M |
| 3 |
Renaissance Technologies
New York
|
-$3.33M |
| 4 |
Amundi
Paris,
France
|
-$3.06M |
| 5 |
MCM
Moon Capital Management
New York
|
-$2.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1.36K | -115 | Closed |
|
|
SSC
77
Syverson Strege & Co
West Des Moines,
Iowa
| – | -$248 | -21 | Closed |
|
|
SC
78
Schubert & Co
Mckinney,
Texas
| – | -$36 | -3 | Closed |
|
CSAN Hedge Fund Activity: Q2 2023 in Review
65 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cosan (CSAN) for Q2 2023, worth a combined $177M — up 12% from $158M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CSAN and 12 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 19 added.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $4.12M. The largest seller was BW Gestao de Investimentos, exiting entirely with an estimated $11.3M sold.
- 65 institutional investors held Cosan (CSAN) as of Q2 2023, down from 66 in Q1 2023.
- Funds reported $177M of Cosan stock for Q2 2023, up 12% quarter-over-quarter.
- 12 funds opened new Cosan positions in Q2 2023 and 13 closed out, a net change of -1 holder.
- The largest Cosan buyer in Q2 2023 was Westwood Holdings Group, an estimated $4.12M added.
- The largest Cosan seller in Q2 2023 was BW Gestao de Investimentos, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2023.