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151 hedge funds and large institutions have $579M invested in Sabesp in 2015 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 36 increasing their positions, 68 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $536M → $579M (+$43.6M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less call options, than puts

Call options by funds: $354K | Put options by funds: $391K

3% less funds holding

Funds holding: 156151 (-5)

9.23% less ownership

Funds ownership: 104.17%94.94% (-9.2%)

19% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 27

47% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 68

Holders
151
Holders Change
-5
Holders Change %
-3.21%
% of All Funds
3.96%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
22
Increased
36
Reduced
68
Closed
27
Calls
$354K
Puts
$391K
Net Calls
-$37K
Net Calls Change
+$191K
Name Holding Trade Value Shares
Change
Change in
Stake
BIP
1
Brandes Investment Partners
California
$86.6M -$5.8M -6,456,110 -6%
EM
2
Elliott Management
New York
$73.1M
Grantham, Mayo, Van Otterloo & Co (GMO)
3
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$49.5M +$2.29M +2,552,995 +5%
WPL
4
WINDACRE PARTNERSHIP LLC
Texas
$39.8M +$2.07M +2,299,809 +5%
Vanguard Group
5
Vanguard Group
Pennsylvania
$22.2M -$506K -562,964 -2%
Nordea Investment Management
6
Nordea Investment Management
Sweden
$17.7M -$11.4M -12,741,952 -39%
RFC
7
Russell Frank Company
Washington
$15.3M +$323K +359,688 +2%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$15.2M -$8.75M -9,744,941 -36%
IAMU
9
Impax Asset Management (UK)
United Kingdom
$14.7M -$1.94M -2,162,129 -12%
LBA
10
Letko, Brosseau & Associates
Quebec, Canada
$14.7M -$292K -325,247 -2%
CBOA
11
Commonwealth Bank of Australia
Australia
$11.3M -$2.5M -2,779,041 -18%
State Street
12
State Street
Massachusetts
$10.7M +$246K +274,018 +2%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$10.5M +$3.19M +3,553,994 +43%
Lazard Asset Management
14
Lazard Asset Management
New York
$9.79M -$5.19K -5,776 -0.1%
TGI
15
Tradewinds Global Investors
California
$9.45M -$7.53M -8,384,387 -44%
Bank of America
16
Bank of America
North Carolina
$9.4M -$2.31M -2,570,867 -20%
Morgan Stanley
17
Morgan Stanley
New York
$8.67M -$6.08M -6,769,148 -41%
UBS AM
18
UBS AM
Illinois
$8.03M +$7.91M +8,800,385 +4,496%
BKBG
19
BHF Kleinwort Benson Group
Belgium
$7.2M -$5.89M -6,555,915 -45%
PPA
20
Parametric Portfolio Associates
Washington
$6.82M +$765K +851,832 +13%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$6.79M
FWSM
22
First Wilshire Securities Management
California
$6.65M -$506K -563,154 -7%
SO
23
STRS Ohio
Ohio
$6.62M
BG
24
BlackRock Group
United Kingdom
$5.76M +$110K +122,762 +2%
WAM
25
Water Asset Management
New York
$5.49M +$5.53M +6,158,022 New

SBS Hedge Fund Activity: Q4 2015 in Review

151 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2015, worth a combined $579M — up 8.1% from $536M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of SBS and 22 opened new positions — a net loss of 5 holders — while 68 trimmed existing stakes and 36 added.

The largest buyer was UBS AM, adding an estimated $7.91M. The largest seller was Nordea Investment Management, cutting an estimated $11.4M.

  • 151 institutional investors held Sabesp (SBS) as of Q4 2015, down from 156 in Q3 2015.
  • Funds reported $579M of Sabesp stock for Q4 2015, up 8.1% quarter-over-quarter.
  • 22 funds opened new Sabesp positions in Q4 2015 and 27 closed out, a net change of -5 holders.
  • The largest Sabesp buyer in Q4 2015 was UBS AM, an estimated $7.91M added.
  • The largest Sabesp seller in Q4 2015 was Nordea Investment Management, an estimated $11.4M sold.

Based on aggregated 13F filings for Q4 2015.