Sabesp
144 hedge funds and large institutions have $696M invested in Sabesp in 2021 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 46 increasing their positions, 44 reducing their positions, and 12 closing their positions.
142% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 12
13% more funds holding
Funds holding: 128 → 144 (+16)
8% more capital invested
Capital invested by funds: $643M → $696M (+$53.6M)
3.36% more ownership
Funds ownership: 68.46% → 71.82% (+3.4%)
5% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 44
68% less call options, than puts
Call options by funds: $615K | Put options by funds: $1.93M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$13M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$11.8M |
| 3 |
Impax Asset Management Group
London,
United Kingdom
|
+$6.67M |
| 4 |
Morgan Stanley
New York
|
+$3.58M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$5.82M |
| 2 |
CC
Covalis Capital
London,
United Kingdom
|
-$5.17M |
| 3 |
Renaissance Technologies
New York
|
-$4.01M |
| 4 |
Amundi
Paris,
France
|
-$3.44M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$1.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFGIA
151
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$2K | -1,753 | Closed |
|
152
Rockefeller Capital Management
New York
| – | -$635 | -489 | -46% |
|
153
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$161 | +124 | New |
|
SBS Hedge Fund Activity: Q4 2021 in Review
144 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2021, worth a combined $696M — up 8.3% from $643M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SBS positions and 12 closed out — a net gain of 17 holders — while 46 added to existing stakes and 44 trimmed.
The largest buyer was Letko, Brosseau & Associates, adding an estimated $13M. The largest seller was Millennium Management, cutting an estimated $5.82M.
- 144 institutional investors held Sabesp (SBS) as of Q4 2021, up from 128 in Q3 2021.
- Funds reported $696M of Sabesp stock for Q4 2021, up 8.3% quarter-over-quarter.
- 29 funds opened new Sabesp positions in Q4 2021 and 12 closed out, a net change of +17 holders.
- The largest Sabesp buyer in Q4 2021 was Letko, Brosseau & Associates, an estimated $13M added.
- The largest Sabesp seller in Q4 2021 was Millennium Management, an estimated $5.82M sold.
Based on aggregated 13F filings for Q4 2021.