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156 hedge funds and large institutions have $536M invested in Sabesp in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 59 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 59

5.29% less ownership

Funds ownership: 109.46%104.17% (-5.3%)

8% less funds holding

Funds holding: 170156 (-14)

29% less capital invested

Capital invested by funds: $752M → $536M (-$216M)

39% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 28

65% less call options, than puts

Call options by funds: $124K | Put options by funds: $352K

Holders
156
Holders Change
-14
Holders Change %
-8.24%
% of All Funds
4.36%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
55
Reduced
59
Closed
28
Calls
$124K
Puts
$352K
Net Calls
-$228K
Net Calls Change
-$318K
Name Holding Trade Value Shares
Change
Change in
Stake
BIP
1
Brandes Investment Partners
California
$77.9M +$16.4M +18,284,482 +21%
EM
2
Elliott Management
New York
$61.7M +$5.73M +6,373,250 +8%
Grantham, Mayo, Van Otterloo & Co (GMO)
3
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$39.8M +$538K +598,352 +1%
WPL
4
WINDACRE PARTNERSHIP LLC
Texas
$31.8M +$7.16M +7,968,375 +23%
Nordea Investment Management
5
Nordea Investment Management
Sweden
$24.6M +$2.04M +2,269,762 +7%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$20.2M +$2.39M +2,665,211 +11%
Vanguard Group
7
Vanguard Group
Pennsylvania
$19.1M -$1.98M -2,200,685 -8%
IAMU
8
Impax Asset Management (UK)
United Kingdom
$14.3M -$8.62M -9,587,528 -34%
TGI
9
Tradewinds Global Investors
California
$14.3M +$2.67M +2,973,220 +19%
LBA
10
Letko, Brosseau & Associates
Quebec, Canada
$12.6M -$93.4K -103,904 -0.6%
RFC
11
Russell Frank Company
Washington
$12.4M -$1.94M -2,163,780 -12%
Morgan Stanley
12
Morgan Stanley
New York
$12.4M +$9.85M +10,966,181 +199%
CBOA
13
Commonwealth Bank of Australia
Australia
$11.6M +$882K +981,230 +7%
BKBG
14
BHF Kleinwort Benson Group
Belgium
$11M +$1.6M +1,775,561 +14%
Bank of America
15
Bank of America
North Carolina
$9.86M -$2.56M -2,851,969 -18%
State Street
16
State Street
Massachusetts
$8.8M -$11.3M -12,556,427 -52%
Lazard Asset Management
17
Lazard Asset Management
New York
$8.26M +$251K +279,010 +3%
Goldman Sachs
18
Goldman Sachs
New York
$6.52M +$4.91M +5,462,036 +171%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$6.19M -$12.1M -13,427,044 -62%
FWSM
20
First Wilshire Securities Management
California
$6.03M -$228K -253,814 -3%
GTP
21
Global Thematic Partners
New York
$5.83M -$17M -18,924,112 -71%
LCP
22
LGT Capital Partners
Switzerland
$5.82M +$6.95M +7,734,784 New
Northern Trust
23
Northern Trust
Illinois
$5.72M +$731K +813,798 +12%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$5.71M -$538K -598,945 -7%
SO
25
STRS Ohio
Ohio
$5.59M

SBS Hedge Fund Activity: Q3 2015 in Review

156 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q3 2015, worth a combined $536M — down 29% from $752M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of SBS and 17 opened new positions — a net loss of 11 holders — while 59 trimmed existing stakes and 55 added.

The largest buyer was Brandes Investment Partners, adding an estimated $16.4M. The largest seller was Wellington Management Group, cutting an estimated $17.2M.

  • 156 institutional investors held Sabesp (SBS) as of Q3 2015, down from 170 in Q2 2015.
  • Funds reported $536M of Sabesp stock for Q3 2015, down 29% quarter-over-quarter.
  • 17 funds opened new Sabesp positions in Q3 2015 and 28 closed out, a net change of -11 holders.
  • The largest Sabesp buyer in Q3 2015 was Brandes Investment Partners, an estimated $16.4M added.
  • The largest Sabesp seller in Q3 2015 was Wellington Management Group, an estimated $17.2M sold.

Based on aggregated 13F filings for Q3 2015.