Ecopetrol
130 hedge funds and large institutions have $869M invested in Ecopetrol in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 43 reducing their positions, and 32 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 43
0.42% less ownership
Funds ownership: 2.33% → 1.91% (-0.42%)
10% less funds holding
Funds holding: 145 → 130 (-15)
13% less capital invested
Capital invested by funds: $1B → $869M (-$132M)
41% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 32
66% less call options, than puts
Call options by funds: $2.1M | Put options by funds: $6.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$20.6M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$18.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$13.9M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$12.7M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Vontobel Asset Management
New York
|
-$145M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$16.1M |
| 5 |
Two Sigma Investments
New York
|
-$10.2M |
EC Hedge Fund Activity: Q1 2014 in Review
130 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Ecopetrol (EC) for Q1 2014, worth a combined $869M — down 13% from $1B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of EC and 19 opened new positions — a net loss of 13 holders — while 43 trimmed existing stakes and 50 added.
The largest buyer was Goldman Sachs, adding an estimated $20.6M. The largest seller was Vontobel Asset Management, cutting an estimated $145M.
- 130 institutional investors held Ecopetrol (EC) as of Q1 2014, down from 145 in Q4 2013.
- Funds reported $869M of Ecopetrol stock for Q1 2014, down 13% quarter-over-quarter.
- 19 funds opened new Ecopetrol positions in Q1 2014 and 32 closed out, a net change of -13 holders.
- The largest Ecopetrol buyer in Q1 2014 was Goldman Sachs, an estimated $20.6M added.
- The largest Ecopetrol seller in Q1 2014 was Vontobel Asset Management, an estimated $145M sold.
Based on aggregated 13F filings for Q1 2014.