Ecopetrol
141 hedge funds and large institutions have $408M invested in Ecopetrol in 2023 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 42 increasing their positions, 44 reducing their positions, and 13 closing their positions.
185% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 13
18% more funds holding
Funds holding: 120 → 141 (+21)
14% more capital invested
Capital invested by funds: $356M → $408M (+$51.6M)
0.01% more ownership
Funds ownership: 0.07% → 0.08% (+0.01%)
5% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 44
13% less call options, than puts
Call options by funds: $7.68M | Put options by funds: $8.79M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$34.5M |
| 2 |
JP Morgan Chase
New York
|
+$16.1M |
| 3 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$15.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.42M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$11.2M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$5.99M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$5.86M |
| 4 |
SC
Sagil Capital
London,
United Kingdom
|
-$4.69M |
| 5 |
Millennium Management
New York
|
-$4.38M |
EC Hedge Fund Activity: Q4 2023 in Review
141 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Ecopetrol (EC) for Q4 2023, worth a combined $408M — up 14% from $356M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new EC positions and 13 closed out — a net gain of 24 holders — while 42 added to existing stakes and 44 trimmed.
The largest buyer was GQG Partners, adding an estimated $34.5M. The largest seller was BlackRock, cutting an estimated $11.2M.
- 141 institutional investors held Ecopetrol (EC) as of Q4 2023, up from 120 in Q3 2023.
- Funds reported $408M of Ecopetrol stock for Q4 2023, up 14% quarter-over-quarter.
- 37 funds opened new Ecopetrol positions in Q4 2023 and 13 closed out, a net change of +24 holders.
- The largest Ecopetrol buyer in Q4 2023 was GQG Partners, an estimated $34.5M added.
- The largest Ecopetrol seller in Q4 2023 was BlackRock, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2023.