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159 hedge funds and large institutions have $781M invested in Sabesp in 2016 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 42 increasing their positions, 65 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,371% more call options, than puts

Call options by funds: $590K | Put options by funds: $17K

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

35% more capital invested

Capital invested by funds: $579M → $781M (+$202M)

35% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 23

5% more funds holding

Funds holding: 151159 (+8)

5.46% less ownership

Funds ownership: 94.94%89.47% (-5.5%)

35% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 65

Holders
159
Holders Change
+8
Holders Change %
+5.3%
% of All Funds
4.24%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
31
Increased
42
Reduced
65
Closed
23
Calls
$590K
Puts
$17K
Net Calls
+$573K
Net Calls Change
+$610K
Name Holding Trade Value Shares
Change
Change in
Stake
EM
1
Elliott Management
New York
$105M
BIP
2
Brandes Investment Partners
California
$87.3M -$30.5M -28,857,344 -30%
Grantham, Mayo, Van Otterloo & Co (GMO)
3
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$67.3M -$3.01M -2,851,042 -5%
WPL
4
WINDACRE PARTNERSHIP LLC
Texas
$55.5M -$1.25M -1,178,802 -3%
UBS AM
5
UBS AM
Illinois
$30.2M +$15.4M +14,589,586 +162%
Vanguard Group
6
Vanguard Group
Pennsylvania
$29M -$2.39M -2,264,440 -9%
Nordea Investment Management
7
Nordea Investment Management
Sweden
$28.4M +$2.47M +2,338,116 +12%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$26.1M +$9.14M +8,648,571 +73%
LBA
9
Letko, Brosseau & Associates
Quebec, Canada
$20.9M -$157K -148,637 -0.9%
RFC
10
Russell Frank Company
Washington
$20.5M -$960K -908,636 -5%
IAMU
11
Impax Asset Management (UK)
United Kingdom
$18M -$2.62M -2,479,282 -15%
Bank of America
12
Bank of America
North Carolina
$14.9M +$1.13M +1,072,603 +10%
PPA
13
Parametric Portfolio Associates
Washington
$13.7M +$3.23M +3,052,161 +40%
TGI
14
Tradewinds Global Investors
California
$13.4M -$166K -156,686 -1%
Millennium Management
15
Millennium Management
New York
$13.2M +$7.59M +7,180,613 +231%
NI
16
Numeric Investors
Massachusetts
$10.9M +$8.96M +8,480,804 New
BG
17
BlackRock Group
United Kingdom
$10.5M +$1.86M +1,760,338 +27%
State Street
18
State Street
Massachusetts
$10.4M -$4.05M -3,827,512 -32%
Lazard Asset Management
19
Lazard Asset Management
New York
$10.2M -$3.17M -2,996,135 -27%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$9.73M
SO
21
STRS Ohio
Ohio
$9.5M
CBOA
22
Commonwealth Bank of Australia
Australia
$8.44M -$6.44M -6,090,493 -48%
IAMA
23
Impax Asset Management (AIFM)
United Kingdom
$7.89M +$498K +470,790 +8%
FWSM
24
First Wilshire Securities Management
California
$7.79M -$1.45M -1,369,238 -18%
Deutsche Bank
25
Deutsche Bank
Germany
$7.63M +$3.32M +3,136,450 +111%

SBS Hedge Fund Activity: Q1 2016 in Review

159 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q1 2016, worth a combined $781M — up 35% from $579M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new SBS positions and 23 closed out — a net gain of 8 holders — while 42 added to existing stakes and 65 trimmed.

The largest buyer was UBS AM, adding an estimated $15.4M. The largest seller was Brandes Investment Partners, cutting an estimated $30.5M.

  • 159 institutional investors held Sabesp (SBS) as of Q1 2016, up from 151 in Q4 2015.
  • Funds reported $781M of Sabesp stock for Q1 2016, up 35% quarter-over-quarter.
  • 31 funds opened new Sabesp positions in Q1 2016 and 23 closed out, a net change of +8 holders.
  • The largest Sabesp buyer in Q1 2016 was UBS AM, an estimated $15.4M added.
  • The largest Sabesp seller in Q1 2016 was Brandes Investment Partners, an estimated $30.5M sold.

Based on aggregated 13F filings for Q1 2016.