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169 hedge funds and large institutions have $1.58B invested in Sabesp in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

5.89% more ownership

Funds ownership: 77.57%83.46% (+5.9%)

6% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 51

4% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 28

2% less funds holding

Funds holding: 173169 (-4)

54% less capital invested

Capital invested by funds: $3.44B → $1.58B (-$1.86B)

95% less call options, than puts

Call options by funds: $19K | Put options by funds: $399K

Holders
169
Holders Change
-4
Holders Change %
-2.31%
% of All Funds
3.86%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
27
Increased
54
Reduced
51
Closed
28
Calls
$19K
Puts
$399K
Net Calls
-$380K
Net Calls Change
-$195K
Name Holding Trade Value Shares
Change
Change in
Stake
FWSM
26
First Wilshire Securities Management
California
$4.95M +$3.1K +2,543 +0.1%
Norges Bank
27
Norges Bank
Norway
$4.41M
First Trust Advisors
28
First Trust Advisors
Illinois
$4.37M +$1.28M +1,048,501 +38%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$3.79M +$2.87M +2,357,103 +245%
Canada Life
30
Canada Life
Manitoba, Canada
$3.41M -$733K -600,812 -17%
Arrowstreet Capital
31
Arrowstreet Capital
Massachusetts
$3.2M +$3.41M +2,793,288 New
PAMU
32
Pictet Asset Management (UK)
United Kingdom
$3.19M -$24.5K -20,120 -0.7%
NCM
33
Newfoundland Capital Management
Brazil
$2.95M +$3.14M +2,577,529 New
JP Morgan Chase
34
JP Morgan Chase
New York
$2.87M -$42K -34,487 -1%
WAM
35
Water Asset Management
New York
$2.57M +$1.47M +1,201,624 +115%
AG
36
Aperio Group
California
$2.29M -$287K -235,215 -11%
Cohen & Steers
37
Cohen & Steers
New York
$2.26M +$635K +520,933 +36%
Barclays
38
Barclays
United Kingdom
$2.1M -$3.82K -3,130 -0.2%
Principal Financial Group
39
Principal Financial Group
Iowa
$1.97M +$42.4K +34,750 +2%
Zurich Cantonal Bank
40
Zurich Cantonal Bank
Switzerland
$1.96M +$18.9K +15,470 +0.9%
Russell Investments Group
41
Russell Investments Group
United Kingdom
$1.66M +$588K +482,650 +50%
RJA
42
Raymond James & Associates
Florida
$1.61M +$10.2K +8,374 +0.6%
First Manhattan
43
First Manhattan
New York
$1.48M -$105K -86,424 -6%
DZ Bank
44
DZ Bank
Germany
$1.48M
Natixis Advisors
45
Natixis Advisors
Massachusetts
$1.44M +$154K +126,299 +11%
Morgan Stanley
46
Morgan Stanley
New York
$1.43M -$957K -785,194 -39%
CBOA
47
Commonwealth Bank of Australia
Australia
$1.35M +$189K +154,696 +15%
CM
48
CoreCommodity Management
Connecticut
$1.3M +$494K +405,024 +55%
LSV Asset Management
49
LSV Asset Management
Illinois
$1.23M
AllianceBernstein
50
AllianceBernstein
Tennessee
$1.01M +$7.2K +5,909 +0.7%

SBS Hedge Fund Activity: Q3 2018 in Review

169 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q3 2018, worth a combined $1.58B — down 54% from $3.44B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of SBS and 27 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 54 added.

The largest buyer was Nordea Investment Management, opening a new position worth an estimated $38.9M. The largest seller was Causeway Capital Management, cutting an estimated $9.6M.

  • 169 institutional investors held Sabesp (SBS) as of Q3 2018, down from 173 in Q2 2018.
  • Funds reported $1.58B of Sabesp stock for Q3 2018, down 54% quarter-over-quarter.
  • 27 funds opened new Sabesp positions in Q3 2018 and 28 closed out, a net change of -1 holder.
  • The largest Sabesp buyer in Q3 2018 was Nordea Investment Management, an estimated $38.9M added.
  • The largest Sabesp seller in Q3 2018 was Causeway Capital Management, an estimated $9.6M sold.

Based on aggregated 13F filings for Q3 2018.