Sabesp
177 hedge funds and large institutions have $911M invested in Sabesp in 2014 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 52 increasing their positions, 54 reducing their positions, and 27 closing their positions.
78% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 27
11% more funds holding
Funds holding: 159 → 177 (+18)
2.05% more ownership
Funds ownership: 107.57% → 109.62% (+2.1%)
4% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 54
21% less capital invested
Capital invested by funds: $1.15B → $911M (-$242M)
61% less call options, than puts
Call options by funds: $829K | Put options by funds: $2.12M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$53.6M |
| 2 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$46.6M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$15.6M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$14.5M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$123M |
| 2 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$44.5M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$18.9M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.27M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$4.18M |
SBS Hedge Fund Activity: Q4 2014 in Review
177 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2014, worth a combined $911M — down 21% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new SBS positions and 27 closed out — a net gain of 21 holders — while 52 added to existing stakes and 54 trimmed.
The largest buyer was Brandes Investment Partners, adding an estimated $53.6M. The largest seller was Allianz Asset Management, cutting an estimated $123M.
- 177 institutional investors held Sabesp (SBS) as of Q4 2014, up from 159 in Q3 2014.
- Funds reported $911M of Sabesp stock for Q4 2014, down 21% quarter-over-quarter.
- 48 funds opened new Sabesp positions in Q4 2014 and 27 closed out, a net change of +21 holders.
- The largest Sabesp buyer in Q4 2014 was Brandes Investment Partners, an estimated $53.6M added.
- The largest Sabesp seller in Q4 2014 was Allianz Asset Management, an estimated $123M sold.
Based on aggregated 13F filings for Q4 2014.