Sabesp
136 hedge funds and large institutions have $1.65B invested in Sabesp in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 21 closing their positions.
114% more capital invested
Capital invested by funds: $770M → $1.65B (+$881M)
9% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 44
0.26% less ownership
Funds ownership: 54.73% → 54.46% (-0.26%)
4% less funds holding
Funds holding: 142 → 136 (-6)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
21% less call options, than puts
Call options by funds: $2.29M | Put options by funds: $2.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$14.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.98M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.79M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$5.6M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$5.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$17.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$14.3M |
| 3 |
Millennium Management
New York
|
-$7.98M |
| 4 |
Morgan Stanley
New York
|
-$5.78M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.28M |
SBS Hedge Fund Activity: Q1 2023 in Review
136 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q1 2023, worth a combined $1.65B — up 114% from $770M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SBS and 17 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 48 added.
The largest buyer was BlackRock, adding an estimated $14.3M. The largest seller was Itau Unibanco Holding S.A., cutting an estimated $17.6M.
- 136 institutional investors held Sabesp (SBS) as of Q1 2023, down from 142 in Q4 2022.
- Funds reported $1.65B of Sabesp stock for Q1 2023, up 114% quarter-over-quarter.
- 17 funds opened new Sabesp positions in Q1 2023 and 21 closed out, a net change of -4 holders.
- The largest Sabesp buyer in Q1 2023 was BlackRock, an estimated $14.3M added.
- The largest Sabesp seller in Q1 2023 was Itau Unibanco Holding S.A., an estimated $17.6M sold.
Based on aggregated 13F filings for Q1 2023.