Cosan
CSAN
66 hedge funds and large institutions have $158M invested in Cosan in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
10% more funds holding
Funds holding: 60 → 66 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.05% less ownership
Funds ownership: 0.76% → 0.72% (-0.05%)
15% less capital invested
Capital invested by funds: $187M → $158M (-$28.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$11.5M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
+$6.57M |
| 3 |
Morgan Stanley
New York
|
+$3.1M |
| 4 |
MC
Martin Currie
Edinburgh,
United Kingdom
|
+$2.66M |
| 5 |
MCM
Moon Capital Management
New York
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$27.1M |
| 2 |
Citigroup
New York
|
-$5.13M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$4.81M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.22M |
| 5 |
State Street
Boston,
Massachusetts
|
-$947K |
CSAN Hedge Fund Activity: Q1 2023 in Review
66 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Cosan (CSAN) for Q1 2023, worth a combined $158M — down 15% from $187M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CSAN positions and 7 closed out — a net gain of 6 holders — while 20 added to existing stakes and 14 trimmed.
The largest buyer was BW Gestao de Investimentos, opening a new position worth an estimated $11.5M. The largest seller was Itau Unibanco Holding S.A., cutting an estimated $27.1M.
- 66 institutional investors held Cosan (CSAN) as of Q1 2023, up from 60 in Q4 2022.
- Funds reported $158M of Cosan stock for Q1 2023, down 15% quarter-over-quarter.
- 13 funds opened new Cosan positions in Q1 2023 and 7 closed out, a net change of +6 holders.
- The largest Cosan buyer in Q1 2023 was BW Gestao de Investimentos, an estimated $11.5M added.
- The largest Cosan seller in Q1 2023 was Itau Unibanco Holding S.A., an estimated $27.1M sold.
Based on aggregated 13F filings for Q1 2023.