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169 hedge funds and large institutions have $1.58B invested in Sabesp in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

5.89% more ownership

Funds ownership: 77.57%83.46% (+5.9%)

6% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 51

4% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 28

2% less funds holding

Funds holding: 173169 (-4)

54% less capital invested

Capital invested by funds: $3.44B → $1.58B (-$1.86B)

95% less call options, than puts

Call options by funds: $19K | Put options by funds: $399K

Holders
169
Holders Change
-4
Holders Change %
-2.31%
% of All Funds
3.86%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
27
Increased
54
Reduced
51
Closed
28
Calls
$19K
Puts
$399K
Net Calls
-$380K
Net Calls Change
-$195K
Name Holding Trade Value Shares
Change
Change in
Stake
SGDR
1
SPX Gestao de Recursos
Brazil
$927M -$1.97M -1,615,647 -33%
Impax Asset Management Group
2
Impax Asset Management Group
United Kingdom
$114M +$122M +99,695,242 New
WPL
3
WINDACRE PARTNERSHIP LLC
Texas
$92.9M +$4.6M +3,770,965 +5%
Lazard Asset Management
4
Lazard Asset Management
New York
$50.3M +$1.67M +1,365,746 +3%
Nordea Investment Management
5
Nordea Investment Management
Sweden
$36.5M +$38.9M +31,907,525 New
UBS AM
6
UBS AM
Illinois
$28.9M -$97.5K -79,978 -0.3%
Vanguard Group
7
Vanguard Group
Pennsylvania
$28.9M +$1.23M +1,007,276 +4%
LBA
8
Letko, Brosseau & Associates
Quebec, Canada
$24.7M +$2.62M +2,149,883 +11%
Invesco
9
Invesco
Georgia
$23.2M -$9.12M -7,484,228 -27%
Renaissance Technologies
10
Renaissance Technologies
New York
$23M -$3.94M -3,232,108 -14%
BlackRock
11
BlackRock
New York
$15.1M -$3.18M -2,610,010 -17%
Goldman Sachs
12
Goldman Sachs
New York
$13.4M -$7.17M -5,883,134 -33%
Grantham, Mayo, Van Otterloo & Co (GMO)
13
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$13.4M +$2.34M +1,918,943 +20%
State Street
14
State Street
Massachusetts
$13.1M +$2.55M +2,090,304 +22%
Schroder Investment Management Group
15
Schroder Investment Management Group
United Kingdom
$12.1M -$2.34M -1,921,016 -15%
Deutsche Bank
16
Deutsche Bank
Germany
$10.6M -$599K -491,015 -5%
Northern Trust
17
Northern Trust
Illinois
$9.14M -$147K -120,394 -1%
SO
18
STRS Ohio
Ohio
$8.5M
PPA
19
Parametric Portfolio Associates
Washington
$8.19M +$4.28M +3,513,124 +96%
Bank of America
20
Bank of America
North Carolina
$7.11M -$320K -262,194 -4%
Millennium Management
21
Millennium Management
New York
$7.01M +$2.63M +2,157,304 +54%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$6.28M -$19.6K -16,114 -0.3%
AAMU
23
Amundi Asset Management US
Massachusetts
$6.18M +$2.11M +1,732,297 +47%
AQR Capital Management
24
AQR Capital Management
Connecticut
$5.58M -$1.99M -1,635,855 -25%
Wells Fargo
25
Wells Fargo
California
$5.1M +$105K +86,067 +2%

SBS Hedge Fund Activity: Q3 2018 in Review

169 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q3 2018, worth a combined $1.58B — down 54% from $3.44B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of SBS and 27 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 54 added.

The largest buyer was Nordea Investment Management, opening a new position worth an estimated $38.9M. The largest seller was Causeway Capital Management, cutting an estimated $9.6M.

  • 169 institutional investors held Sabesp (SBS) as of Q3 2018, down from 173 in Q2 2018.
  • Funds reported $1.58B of Sabesp stock for Q3 2018, down 54% quarter-over-quarter.
  • 27 funds opened new Sabesp positions in Q3 2018 and 28 closed out, a net change of -1 holder.
  • The largest Sabesp buyer in Q3 2018 was Nordea Investment Management, an estimated $38.9M added.
  • The largest Sabesp seller in Q3 2018 was Causeway Capital Management, an estimated $9.6M sold.

Based on aggregated 13F filings for Q3 2018.