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191 hedge funds and large institutions have $836M invested in Sabesp in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 76 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

336% more call options, than puts

Call options by funds: $671K | Put options by funds: $154K

17% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 24

2% more funds holding

Funds holding: 188191 (+3)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

6.33% less ownership

Funds ownership: 78.98%72.66% (-6.3%)

14% less capital invested

Capital invested by funds: $969M → $836M (-$133M)

26% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 76

Holders
191
Holders Change
+3
Holders Change %
+1.6%
% of All Funds
4.78%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
28
Increased
56
Reduced
76
Closed
24
Calls
$671K
Puts
$154K
Net Calls
+$517K
Net Calls Change
+$167K
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
26
Lazard Asset Management
New York
$9.8M -$168K -95,685 -2%
Goldman Sachs
27
Goldman Sachs
New York
$9.69M -$6.77M -3,851,582 -40%
FWSM
28
First Wilshire Securities Management
California
$9.18M -$341K -193,658 -3%
GC
29
Guggenheim Capital
Illinois
$9.03M -$359K -203,920 -4%
SCCM
30
Schafer Cullen Capital Management
New York
$8.72M -$9.21K -5,239 -0.1%
First Trust Advisors
31
First Trust Advisors
Illinois
$8.43M +$5.51M +3,130,984 +167%
Northern Trust
32
Northern Trust
Illinois
$8.21M +$1.2M +683,786 +16%
CCM
33
Cullen Capital Management
New York
$7.63M +$1.58M +897,750 +25%
IUHSA
34
Itau Unibanco Holding S.A.
Brazil
$7.36M +$3.78M +2,152,075 +97%
Zurich Cantonal Bank
35
Zurich Cantonal Bank
Switzerland
$7.08M +$756K +429,982 +11%
Wellington Management Group
36
Wellington Management Group
Massachusetts
$6.29M -$1.74M -990,196 -21%
WAM
37
Water Asset Management
New York
$6.2M +$4.26M +2,423,566 +192%
Jane Street
38
Jane Street
New York
$4.8M +$3.66M +2,081,126 +270%
KBC Group
39
KBC Group
Belgium
$4.66M -$253K -143,985 -5%
EGA
40
Eagle Global Advisors
Texas
$4.42M -$44K -25,040 -0.9%
BA
41
BlackRock Advisors
Delaware
$4.18M +$1.01M +574,437 +30%
Canada Life
42
Canada Life
Manitoba, Canada
$4.12M +$4.29M +2,437,473 New
CAM
43
ClariVest Asset Management
California
$3.95M +$229K +130,171 +6%
PAMU
44
Pictet Asset Management (UK)
United Kingdom
$3.88M +$2.59M +1,475,023 +177%
Norges Bank
45
Norges Bank
Norway
$3.8M -$2.3M -1,307,101 -37%
Russell Investments Group
46
Russell Investments Group
United Kingdom
$3.71M +$3.88M +2,205,703 New
MRCM
47
M&R Capital Management
New Jersey
$3.44M -$111K -63,234 -3%
Envestnet Asset Management
48
Envestnet Asset Management
Illinois
$3.3M +$2.72M +1,548,597 +374%
CIBC World Market
49
CIBC World Market
Ontario, Canada
$3.28M -$198K -112,861 -5%
LG
50
Leuthold Group
Minnesota
$3.09M -$272K -154,804 -8%

SBS Hedge Fund Activity: Q4 2016 in Review

191 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2016, worth a combined $836M — down 14% from $969M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new SBS positions and 24 closed out — a net gain of 4 holders — while 56 added to existing stakes and 76 trimmed.

The largest buyer was Impax Asset Management (UK), adding an estimated $27.8M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $58.8M sold.

  • 191 institutional investors held Sabesp (SBS) as of Q4 2016, up from 188 in Q3 2016.
  • Funds reported $836M of Sabesp stock for Q4 2016, down 14% quarter-over-quarter.
  • 28 funds opened new Sabesp positions in Q4 2016 and 24 closed out, a net change of +4 holders.
  • The largest Sabesp buyer in Q4 2016 was Impax Asset Management (UK), an estimated $27.8M added.
  • The largest Sabesp seller in Q4 2016 was Arrowstreet Capital, an estimated $58.8M sold.

Based on aggregated 13F filings for Q4 2016.