Sabesp
174 hedge funds and large institutions have $1.04B invested in Sabesp in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 73 reducing their positions, and 31 closing their positions.
170% more call options, than puts
Call options by funds: $888K | Put options by funds: $329K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6.13% more ownership
Funds ownership: 76.31% → 82.44% (+6.1%)
1% less capital invested
Capital invested by funds: $1.05B → $1.04B (-$12.3M)
6% less funds holding
Funds holding: 186 → 174 (-12)
29% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 73
32% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$28.7M |
| 2 |
BlackRock
New York
|
+$23.6M |
| 3 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$22.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$19M |
| 5 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$20.9M |
| 2 |
Morgan Stanley
New York
|
-$17.4M |
| 3 |
Millennium Management
New York
|
-$15.5M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$12.6M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$8.08M |
SBS Hedge Fund Activity: Q2 2017 in Review
174 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q2 2017, worth a combined $1.04B — down 1.2% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SBS and 21 opened new positions — a net loss of 10 holders — while 73 trimmed existing stakes and 52 added.
The largest buyer was Numeric Investors, adding an estimated $28.7M. The largest seller was Arrowstreet Capital, cutting an estimated $20.9M.
- 174 institutional investors held Sabesp (SBS) as of Q2 2017, down from 186 in Q1 2017.
- Funds reported $1.04B of Sabesp stock for Q2 2017, down 1.2% quarter-over-quarter.
- 21 funds opened new Sabesp positions in Q2 2017 and 31 closed out, a net change of -10 holders.
- The largest Sabesp buyer in Q2 2017 was Numeric Investors, an estimated $28.7M added.
- The largest Sabesp seller in Q2 2017 was Arrowstreet Capital, an estimated $20.9M sold.
Based on aggregated 13F filings for Q2 2017.