Ecopetrol
125 hedge funds and large institutions have $369M invested in Ecopetrol in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 50 reducing their positions, and 31 closing their positions.
0.01% less ownership
Funds ownership: 0.08% → 0.08% (-0.01%)
10% less capital invested
Capital invested by funds: $410M → $369M (-$41.1M)
11% less funds holding
Funds holding: 141 → 125 (-16)
23% less call options, than puts
Call options by funds: $3.87M | Put options by funds: $5M
24% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 50
52% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.9M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.7M |
| 3 |
PCMH
Polymer Capital Management (HK)
Hong Kong
|
+$2M |
| 4 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
+$1.29M |
| 5 |
AIC
Anthracite Investment Company
Fort Worth,
Texas
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$8.54M |
| 2 |
BlackRock
New York
|
-$8.09M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$7.16M |
| 4 |
JP Morgan Chase
New York
|
-$6.06M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Simplex Trading
Chicago,
Illinois
| – | -$10.3K | -889 | Closed |
|
|
NMM
152
Naples Money Management
Naples,
Florida
| – | -$6.1K | -512 | Closed |
|
|
GI
153
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.63K | -137 | Closed |
|
|
SA
154
Scarborough Advisors
Annapolis,
Maryland
| – | -$1.02K | -86 | Closed |
|
|
AAP
155
Arax Advisory Partners
Denver,
Colorado
| – | -$668 | -56 | Closed |
|
|
GWS
156
Glassman Wealth Services
Vienna,
Virginia
| – | -$441 | -37 | Closed |
|
EC Hedge Fund Activity: Q1 2024 in Review
125 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ecopetrol (EC) for Q1 2024, worth a combined $369M — down 10% from $410M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of EC and 15 opened new positions — a net loss of 16 holders — while 50 trimmed existing stakes and 38 added.
The largest buyer was Millennium Management, adding an estimated $12.9M. The largest seller was SPX Gestao de Recursos, cutting an estimated $8.54M.
- 125 institutional investors held Ecopetrol (EC) as of Q1 2024, down from 141 in Q4 2023.
- Funds reported $369M of Ecopetrol stock for Q1 2024, down 10% quarter-over-quarter.
- 15 funds opened new Ecopetrol positions in Q1 2024 and 31 closed out, a net change of -16 holders.
- The largest Ecopetrol buyer in Q1 2024 was Millennium Management, an estimated $12.9M added.
- The largest Ecopetrol seller in Q1 2024 was SPX Gestao de Recursos, an estimated $8.54M sold.
Based on aggregated 13F filings for Q1 2024.