Sabesp
173 hedge funds and large institutions have $3.44B invested in Sabesp in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 70 reducing their positions, and 29 closing their positions.
193% more capital invested
Capital invested by funds: $1.17B → $3.44B (+$2.27B)
6% less funds holding
Funds holding: 184 → 173 (-11)
6.12% less ownership
Funds ownership: 83.69% → 77.57% (-6.1%)
30% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 70
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 29
53% less call options, than puts
Call options by funds: $162K | Put options by funds: $347K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$62.6M |
| 2 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$43.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$29.9M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$14.3M |
| 5 |
IAMA
Impax Asset Management (AIFM)
London,
United Kingdom
|
+$4.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$51.7M |
| 2 |
Morgan Stanley
New York
|
-$39.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$33.5M |
| 4 |
KSCM
King Street Capital Management
New York
|
-$31.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.1M |
SBS Hedge Fund Activity: Q2 2018 in Review
173 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q2 2018, worth a combined $3.44B — up 193% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of SBS and 19 opened new positions — a net loss of 10 holders — while 70 trimmed existing stakes and 49 added.
The largest buyer was WINDACRE PARTNERSHIP LLC, adding an estimated $62.6M. The largest seller was Nordea Investment Management, exiting entirely with an estimated $51.7M sold.
- 173 institutional investors held Sabesp (SBS) as of Q2 2018, down from 184 in Q1 2018.
- Funds reported $3.44B of Sabesp stock for Q2 2018, up 193% quarter-over-quarter.
- 19 funds opened new Sabesp positions in Q2 2018 and 29 closed out, a net change of -10 holders.
- The largest Sabesp buyer in Q2 2018 was WINDACRE PARTNERSHIP LLC, an estimated $62.6M added.
- The largest Sabesp seller in Q2 2018 was Nordea Investment Management, an estimated $51.7M sold.
Based on aggregated 13F filings for Q2 2018.