Sabesp
188 hedge funds and large institutions have $969M invested in Sabesp in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 52 increasing their positions, 74 reducing their positions, and 22 closing their positions.
243% more call options, than puts
Call options by funds: $494K | Put options by funds: $144K
32% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 22
3% more funds holding
Funds holding: 183 → 188 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $1.01B → $969M (-$44.8M)
6.41% less ownership
Funds ownership: 85.39% → 78.98% (-6.4%)
30% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$33.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$14.2M |
| 3 |
Morgan Stanley
New York
|
+$11.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.96M |
| 5 |
Goldman Sachs
New York
|
+$5.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$72.6M |
| 2 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$15.2M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$11.6M |
| 4 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$9.42M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$8.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
201
Tower Research Capital (TRC)
New York
| – | -$93K | -53,870 | Closed |
|
|
CCA
202
Checchi Capital Advisers
Beverly Hills,
California
| – | -$78K | -44,846 | Closed |
|
|
PCM
203
Prelude Capital Management
New York
| – | -$58K | -33,517 | Closed |
|
|
3C
204
361 Capital
Denver,
Colorado
| – | -$45K | -25,844 | Closed |
|
|
AP
205
Advisors Preferred
Rockville,
Maryland
| – | -$23K | -13,459 | Closed |
|
|
MA
206
MCF Advisors
Covington,
Kentucky
| – | -$2K | -959 | Closed |
|
207
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$321 | -181 | -44% |
|
|
DADC
208
D.A. Davidson & Co
Great Falls,
Montana
| – | +$493 | +278 | +897% |
|
SBS Hedge Fund Activity: Q3 2016 in Review
188 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q3 2016, worth a combined $969M — down 4.4% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SBS positions and 22 closed out — a net gain of 7 holders — while 52 added to existing stakes and 74 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $33.3M. The largest seller was Elliott Management, exiting entirely with an estimated $72.6M sold.
- 188 institutional investors held Sabesp (SBS) as of Q3 2016, up from 183 in Q2 2016.
- Funds reported $969M of Sabesp stock for Q3 2016, down 4.4% quarter-over-quarter.
- 29 funds opened new Sabesp positions in Q3 2016 and 22 closed out, a net change of +7 holders.
- The largest Sabesp buyer in Q3 2016 was Brookfield Corp, an estimated $33.3M added.
- The largest Sabesp seller in Q3 2016 was Elliott Management, an estimated $72.6M sold.
Based on aggregated 13F filings for Q3 2016.