Sabesp
159 hedge funds and large institutions have $1.15B invested in Sabesp in 2014 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 56 increasing their positions, 51 reducing their positions, and 20 closing their positions.
286% more call options, than puts
Call options by funds: $4.88M | Put options by funds: $1.26M
10% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 51
2.28% less ownership
Funds ownership: 109.85% → 107.57% (-2.3%)
4% less funds holding
Funds holding: 165 → 159 (-6)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
26% less capital invested
Capital invested by funds: $1.55B → $1.15B (-$402M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GTP
Global Thematic Partners
New York
|
+$51.9M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$17.5M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$15.2M |
| 4 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$9.08M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$8.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$25M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22.3M |
| 3 |
Morgan Stanley
New York
|
-$21M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.6M |
SBS Hedge Fund Activity: Q3 2014 in Review
159 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q3 2014, worth a combined $1.15B — down 26% from $1.55B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SBS and 15 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 56 added.
The largest buyer was Global Thematic Partners, opening a new position worth an estimated $51.9M. The largest seller was Acadian Asset Management, cutting an estimated $25M.
- 159 institutional investors held Sabesp (SBS) as of Q3 2014, down from 165 in Q2 2014.
- Funds reported $1.15B of Sabesp stock for Q3 2014, down 26% quarter-over-quarter.
- 15 funds opened new Sabesp positions in Q3 2014 and 20 closed out, a net change of -5 holders.
- The largest Sabesp buyer in Q3 2014 was Global Thematic Partners, an estimated $51.9M added.
- The largest Sabesp seller in Q3 2014 was Acadian Asset Management, an estimated $25M sold.
Based on aggregated 13F filings for Q3 2014.