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164 hedge funds and large institutions have $1.23B invested in Sabesp in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 66 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more call options, than puts

Call options by funds: $2.01M | Put options by funds: $446K

8.25% less ownership

Funds ownership: 102.13%93.88% (-8.3%)

13% less capital invested

Capital invested by funds: $1.41B → $1.23B (-$180M)

14% less funds holding

Funds holding: 190164 (-26)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

21% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 66

58% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 43

Holders
164
Holders Change
-26
Holders Change %
-13.68%
% of All Funds
5.32%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.13%
New
18
Increased
52
Reduced
66
Closed
43
Calls
$2.01M
Puts
$446K
Net Calls
+$1.56M
Net Calls Change
-$309K
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
1
Allianz Asset Management
Germany
$180M +$23.9M +12,752,668 +15%
Acadian Asset Management
2
Acadian Asset Management
Massachusetts
$125M -$34.3M -18,294,475 -22%
Ninety One (UK)
3
Ninety One (UK)
United Kingdom
$84.9M +$229K +122,210 +0.3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$60M -$1.5M -800,271 -3%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$45.8M -$52.3M -27,860,134 -54%
RFC
6
Russell Frank Company
Washington
$42.8M +$9.23M +4,921,844 +29%
MAA
7
Managed Account Advisors
New Jersey
$42.6M +$9.03M +4,814,119 +28%
Invesco
8
Invesco
Georgia
$41M +$11.4M +6,066,814 +40%
BC
9
Brookfield Corp
Ontario, Canada
$40.4M +$39.2M +20,899,386 New
Bank of New York Mellon
10
Bank of New York Mellon
New York
$31.9M +$30.4M +16,224,498 +5,277%
Bank of America
11
Bank of America
North Carolina
$25.4M +$8.2M +4,368,761 +50%
LBA
12
Letko, Brosseau & Associates
Quebec, Canada
$24M -$338K -180,350 -1%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$21.7M +$9.72M +5,182,254 +86%
BKBG
14
BHF Kleinwort Benson Group
Belgium
$21.6M -$19.5M -10,399,123 -48%
FWSM
15
First Wilshire Securities Management
California
$21.2M +$561K +298,780 +3%
Nordea Investment Management
16
Nordea Investment Management
Sweden
$18.6M +$10.6M +5,674,315 +143%
State Street
17
State Street
Massachusetts
$18M -$13.3M -7,114,052 -43%
Morgan Stanley
18
Morgan Stanley
New York
$17M -$6.26M -3,338,338 -28%
Renaissance Technologies
19
Renaissance Technologies
New York
$16M -$1.13M -601,251 -7%
KBC Group
20
KBC Group
Belgium
$14.8M -$1.71M -909,708 -11%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$14.7M -$160K -85,160 -1%
SO
22
STRS Ohio
Ohio
$14.3M
PAMU
23
Pictet Asset Management (UK)
United Kingdom
$13.9M -$694K -369,810 -5%
JP Morgan Chase
24
JP Morgan Chase
New York
$13.7M -$3.65M -1,947,969 -22%
State of Wisconsin Investment Board
25
State of Wisconsin Investment Board
Wisconsin
$13.3M -$155K -82,757 -1%

SBS Hedge Fund Activity: Q3 2013 in Review

164 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q3 2013, worth a combined $1.23B — down 13% from $1.41B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of SBS and 18 opened new positions — a net loss of 25 holders — while 66 trimmed existing stakes and 52 added.

The largest buyer was Brookfield Corp, opening a new position worth an estimated $39.2M. The largest seller was Wellington Management Group, cutting an estimated $52.3M.

  • 164 institutional investors held Sabesp (SBS) as of Q3 2013, down from 190 in Q2 2013.
  • Funds reported $1.23B of Sabesp stock for Q3 2013, down 13% quarter-over-quarter.
  • 18 funds opened new Sabesp positions in Q3 2013 and 43 closed out, a net change of -25 holders.
  • The largest Sabesp buyer in Q3 2013 was Brookfield Corp, an estimated $39.2M added.
  • The largest Sabesp seller in Q3 2013 was Wellington Management Group, an estimated $52.3M sold.

Based on aggregated 13F filings for Q3 2013.