Sabesp
142 hedge funds and large institutions have $770M invested in Sabesp in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 39 increasing their positions, 50 reducing their positions, and 24 closing their positions.
36% more call options, than puts
Call options by funds: $4.93M | Put options by funds: $3.62M
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
1% more funds holding
Funds holding: 141 → 142 (+1)
2% less capital invested
Capital invested by funds: $787M → $770M (-$16.5M)
10.29% less ownership
Funds ownership: 65.02% → 54.73% (-10%)
22% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 50
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$26.8M |
| 2 |
Millennium Management
New York
|
+$18.6M |
| 3 |
BlackRock
New York
|
+$11.7M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$9M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$7.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
-$50.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$48.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.5M |
| 4 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$19.2M |
| 5 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$19M |
SBS Hedge Fund Activity: Q4 2022 in Review
142 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2022, worth a combined $770M — down 2.1% from $787M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SBS positions and 24 closed out — a net gain of 6 holders — while 39 added to existing stakes and 50 trimmed.
The largest buyer was Invesco, adding an estimated $26.8M. The largest seller was Impax Asset Management Group, cutting an estimated $50.6M.
- 142 institutional investors held Sabesp (SBS) as of Q4 2022, up from 141 in Q3 2022.
- Funds reported $770M of Sabesp stock for Q4 2022, down 2.1% quarter-over-quarter.
- 30 funds opened new Sabesp positions in Q4 2022 and 24 closed out, a net change of +6 holders.
- The largest Sabesp buyer in Q4 2022 was Invesco, an estimated $26.8M added.
- The largest Sabesp seller in Q4 2022 was Impax Asset Management Group, an estimated $50.6M sold.
Based on aggregated 13F filings for Q4 2022.