Sabesp
170 hedge funds and large institutions have $792M invested in Sabesp in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 71 increasing their positions, 55 reducing their positions, and 24 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 55
0.88% more ownership
Funds ownership: 109.62% → 110.5% (+0.88%)
4% less funds holding
Funds holding: 177 → 170 (-7)
13% less capital invested
Capital invested by funds: $911M → $792M (-$119M)
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
78% less call options, than puts
Call options by funds: $175K | Put options by funds: $780K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$33.9M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$24.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$15.3M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$14.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$60.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$12M |
| 4 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$11.2M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$8.74M |
SBS Hedge Fund Activity: Q1 2015 in Review
170 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q1 2015, worth a combined $792M — down 13% from $911M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SBS and 18 opened new positions — a net loss of 6 holders — while 55 trimmed existing stakes and 71 added.
The largest buyer was WINDACRE PARTNERSHIP LLC, opening a new position worth an estimated $33.9M. The largest seller was Brookfield Corp, exiting entirely with an estimated $60.5M sold.
- 170 institutional investors held Sabesp (SBS) as of Q1 2015, down from 177 in Q4 2014.
- Funds reported $792M of Sabesp stock for Q1 2015, down 13% quarter-over-quarter.
- 18 funds opened new Sabesp positions in Q1 2015 and 24 closed out, a net change of -6 holders.
- The largest Sabesp buyer in Q1 2015 was WINDACRE PARTNERSHIP LLC, an estimated $33.9M added.
- The largest Sabesp seller in Q1 2015 was Brookfield Corp, an estimated $60.5M sold.
Based on aggregated 13F filings for Q1 2015.