Sabesp
SBS
186 hedge funds and large institutions have $1.05B invested in Sabesp in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 71 increasing their positions, 56 reducing their positions, and 22 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 56
26% more capital invested
Capital invested by funds: $836M → $1.05B (+$217M)
3.65% more ownership
Funds ownership: 72.65% → 76.31% (+3.7%)
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 191 → 186 (-5)
58% less call options, than puts
Call options by funds: $576K | Put options by funds: $1.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$46.8M |
| 2 |
BlackRock
New York
|
+$32.6M |
| 3 |
Morgan Stanley
New York
|
+$19.3M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$17.6M |
| 5 |
Citigroup
New York
|
+$9.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$22.1M |
| 2 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$12.9M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$11.8M |
| 4 |
WAM
Water Asset Management
New York
|
-$6.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.73M |
SBS Hedge Fund Activity: Q1 2017 in Review
186 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q1 2017, worth a combined $1.05B — up 26% from $836M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SBS positions and 22 closed out — a net gain of 1 holder — while 71 added to existing stakes and 56 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $46.8M. The largest seller was AQR Capital Management, cutting an estimated $22.1M.
- 186 institutional investors held Sabesp (SBS) as of Q1 2017, down from 191 in Q4 2016.
- Funds reported $1.05B of Sabesp stock for Q1 2017, up 26% quarter-over-quarter.
- 23 funds opened new Sabesp positions in Q1 2017 and 22 closed out, a net change of +1 holder.
- The largest Sabesp buyer in Q1 2017 was Arrowstreet Capital, an estimated $46.8M added.
- The largest Sabesp seller in Q1 2017 was AQR Capital Management, an estimated $22.1M sold.
Based on aggregated 13F filings for Q1 2017.