Sabesp
SBS
156 hedge funds and large institutions have $1.15B invested in Sabesp in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 50 increasing their positions, 57 reducing their positions, and 33 closing their positions.
30% more call options, than puts
Call options by funds: $381K | Put options by funds: $292K
11% more capital invested
Capital invested by funds: $1.04B → $1.15B (+$114M)
0.94% more ownership
Funds ownership: 82.44% → 83.38% (+0.94%)
10% less funds holding
Funds holding: 174 → 156 (-18)
12% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 57
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
48% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$34.6M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$31.3M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$23.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$15.2M |
| 5 |
Renaissance Technologies
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$35.3M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$30.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.9M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$18.7M |
| 5 |
JP Morgan Chase
New York
|
-$9.37M |
SBS Hedge Fund Activity: Q3 2017 in Review
156 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q3 2017, worth a combined $1.15B — up 11% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SBS and 17 opened new positions — a net loss of 16 holders — while 57 trimmed existing stakes and 50 added.
The largest buyer was WINDACRE PARTNERSHIP LLC, adding an estimated $34.6M. The largest seller was BlackRock, cutting an estimated $35.3M.
- 156 institutional investors held Sabesp (SBS) as of Q3 2017, down from 174 in Q2 2017.
- Funds reported $1.15B of Sabesp stock for Q3 2017, up 11% quarter-over-quarter.
- 17 funds opened new Sabesp positions in Q3 2017 and 33 closed out, a net change of -16 holders.
- The largest Sabesp buyer in Q3 2017 was WINDACRE PARTNERSHIP LLC, an estimated $34.6M added.
- The largest Sabesp seller in Q3 2017 was BlackRock, an estimated $35.3M sold.
Based on aggregated 13F filings for Q3 2017.