Sabesp
177 hedge funds and large institutions have $1.06B invested in Sabesp in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 66 reducing their positions, and 22 closing their positions.
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding
Funds holding: 177 → 177 (0)
6.8% less ownership
Funds ownership: 74.41% → 67.62% (-6.8%)
11% less capital invested
Capital invested by funds: $1.2B → $1.06B (-$136M)
24% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 66
75% less call options, than puts
Call options by funds: $626K | Put options by funds: $2.53M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$20.4M |
| 2 |
Renaissance Technologies
New York
|
+$17.8M |
| 3 |
Goldman Sachs
New York
|
+$10.8M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$5.7M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$28.6M |
| 2 |
Man Group
London,
United Kingdom
|
-$27M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.1M |
| 5 |
Impax Asset Management Group
London,
United Kingdom
|
-$12.3M |
SBS Hedge Fund Activity: Q3 2019 in Review
177 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q3 2019, worth a combined $1.06B — down 11% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SBS positions and 22 closed out — a net gain of 1 holder — while 50 added to existing stakes and 66 trimmed.
The largest buyer was Bank of America, adding an estimated $20.4M. The largest seller was AQR Capital Management, cutting an estimated $28.6M.
- 177 institutional investors held Sabesp (SBS) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $1.06B of Sabesp stock for Q3 2019, down 11% quarter-over-quarter.
- 23 funds opened new Sabesp positions in Q3 2019 and 22 closed out, a net change of +1 holder.
- The largest Sabesp buyer in Q3 2019 was Bank of America, an estimated $20.4M added.
- The largest Sabesp seller in Q3 2019 was AQR Capital Management, an estimated $28.6M sold.
Based on aggregated 13F filings for Q3 2019.