Ecopetrol
120 hedge funds and large institutions have $356M invested in Ecopetrol in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 39 reducing their positions, and 26 closing their positions.
31% more capital invested
Capital invested by funds: $272M → $356M (+$84.1M)
5% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 39
0.01% more ownership
Funds ownership: 0.06% → 0.07% (+0.01%)
6% less funds holding
Funds holding: 128 → 120 (-8)
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
35% less call options, than puts
Call options by funds: $5.86M | Put options by funds: $8.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$107M |
| 2 |
JP Morgan Chase
New York
|
+$8.04M |
| 3 |
Millennium Management
New York
|
+$4.48M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$2.51M |
| 5 |
SC
Sagil Capital
London,
United Kingdom
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$34M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$11.6M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$5.96M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$5.13M |
| 5 |
Morgan Stanley
New York
|
-$4.3M |
EC Hedge Fund Activity: Q3 2023 in Review
120 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Ecopetrol (EC) for Q3 2023, worth a combined $356M — up 31% from $272M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EC and 18 opened new positions — a net loss of 8 holders — while 39 trimmed existing stakes and 41 added.
The largest buyer was GQG Partners, opening a new position worth an estimated $107M. The largest seller was BlackRock, cutting an estimated $34M.
- 120 institutional investors held Ecopetrol (EC) as of Q3 2023, down from 128 in Q2 2023.
- Funds reported $356M of Ecopetrol stock for Q3 2023, up 31% quarter-over-quarter.
- 18 funds opened new Ecopetrol positions in Q3 2023 and 26 closed out, a net change of -8 holders.
- The largest Ecopetrol buyer in Q3 2023 was GQG Partners, an estimated $107M added.
- The largest Ecopetrol seller in Q3 2023 was BlackRock, an estimated $34M sold.
Based on aggregated 13F filings for Q3 2023.