Sabesp
177 hedge funds and large institutions have $1.2B invested in Sabesp in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 60 reducing their positions, and 29 closing their positions.
28% more call options, than puts
Call options by funds: $3.12M | Put options by funds: $2.44M
22% more capital invested
Capital invested by funds: $988M → $1.2B (+$213M)
3.92% more ownership
Funds ownership: 70.5% → 74.41% (+3.9%)
1% less funds holding
Funds holding: 178 → 177 (-1)
3% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 29
7% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 60
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$34.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$30.3M |
| 3 |
Renaissance Technologies
New York
|
+$14.1M |
| 4 |
Morgan Stanley
New York
|
+$10.8M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$9.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$12.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.97M |
| 3 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
-$8.68M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$8.26M |
| 5 |
Millennium Management
New York
|
-$8.09M |
SBS Hedge Fund Activity: Q2 2019 in Review
177 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q2 2019, worth a combined $1.2B — up 22% from $988M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of SBS and 28 opened new positions — a net loss of 1 holder — while 60 trimmed existing stakes and 56 added.
The largest buyer was Man Group, adding an estimated $34.7M. The largest seller was Bank of America, cutting an estimated $12.9M.
- 177 institutional investors held Sabesp (SBS) as of Q2 2019, down from 178 in Q1 2019.
- Funds reported $1.2B of Sabesp stock for Q2 2019, up 22% quarter-over-quarter.
- 28 funds opened new Sabesp positions in Q2 2019 and 29 closed out, a net change of -1 holder.
- The largest Sabesp buyer in Q2 2019 was Man Group, an estimated $34.7M added.
- The largest Sabesp seller in Q2 2019 was Bank of America, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2019.