Sabesp
163 hedge funds and large institutions have $1.46B invested in Sabesp in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 64 reducing their positions, and 22 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
18% more capital invested
Capital invested by funds: $1.23B → $1.46B (+$224M)
4.18% more ownership
Funds ownership: 93.88% → 98.05% (+4.2%)
1% less funds holding
Funds holding: 164 → 163 (-1)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
27% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 64
94% less call options, than puts
Call options by funds: $92K | Put options by funds: $1.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$51.3M |
| 2 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
+$20.6M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$19.8M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$16.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$42.3M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$16.5M |
| 3 |
Renaissance Technologies
New York
|
-$16M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$7.76M |
| 5 |
Bank of New York Mellon
New York
|
-$7.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
176
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$142K | -73,738 | Closed |
|
|
QT
177
Quantbot Technologies
New York
| – | -$118K | -61,363 | Closed |
|
|
CAM
178
Cypress Asset Management
Houston,
Texas
| – | -$100K | -51,565 | Closed |
|
|
ECM
179
ETrade Capital Management
Arlington,
Virginia
| – | -$89K | -46,125 | Closed |
|
|
BIT
180
BlackRock Institutional Trust
San Francisco,
California
| – | -$86K | -44,676 | Closed |
|
|
IRS
181
Invictus RG (Singapore)
Singapore
| – | -$36K | -18,445 | Closed |
|
|
MA
182
MUFG Americas
New York
| – | -$3K | -1,784 | Closed |
|
|
NES
183
New England Securities
New York
| – | -$2K | -866 | Closed |
|
184
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$434 | +211 | New |
|
SBS Hedge Fund Activity: Q4 2013 in Review
163 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2013, worth a combined $1.46B — up 18% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SBS and 21 opened new positions — a net loss of 1 holder — while 64 trimmed existing stakes and 47 added.
The largest buyer was Elliott Management, opening a new position worth an estimated $51.3M. The largest seller was Acadian Asset Management, cutting an estimated $42.3M.
- 163 institutional investors held Sabesp (SBS) as of Q4 2013, down from 164 in Q3 2013.
- Funds reported $1.46B of Sabesp stock for Q4 2013, up 18% quarter-over-quarter.
- 21 funds opened new Sabesp positions in Q4 2013 and 22 closed out, a net change of -1 holder.
- The largest Sabesp buyer in Q4 2013 was Elliott Management, an estimated $51.3M added.
- The largest Sabesp seller in Q4 2013 was Acadian Asset Management, an estimated $42.3M sold.
Based on aggregated 13F filings for Q4 2013.