Sabesp
191 hedge funds and large institutions have $836M invested in Sabesp in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 76 reducing their positions, and 24 closing their positions.
336% more call options, than puts
Call options by funds: $671K | Put options by funds: $154K
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
2% more funds holding
Funds holding: 188 → 191 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6.33% less ownership
Funds ownership: 78.98% → 72.66% (-6.3%)
14% less capital invested
Capital invested by funds: $969M → $836M (-$133M)
26% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$27.8M |
| 2 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$13.8M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
+$8.8M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$6.39M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$58.8M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$22.7M |
| 3 |
Morgan Stanley
New York
|
-$13.3M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$9.74M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$8.33M |
SBS Hedge Fund Activity: Q4 2016 in Review
191 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2016, worth a combined $836M — down 14% from $969M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SBS positions and 24 closed out — a net gain of 4 holders — while 56 added to existing stakes and 76 trimmed.
The largest buyer was Impax Asset Management (UK), adding an estimated $27.8M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $58.8M sold.
- 191 institutional investors held Sabesp (SBS) as of Q4 2016, up from 188 in Q3 2016.
- Funds reported $836M of Sabesp stock for Q4 2016, down 14% quarter-over-quarter.
- 28 funds opened new Sabesp positions in Q4 2016 and 24 closed out, a net change of +4 holders.
- The largest Sabesp buyer in Q4 2016 was Impax Asset Management (UK), an estimated $27.8M added.
- The largest Sabesp seller in Q4 2016 was Arrowstreet Capital, an estimated $58.8M sold.
Based on aggregated 13F filings for Q4 2016.