We are live on ! Find out more
SBS icon

Sabesp
SBS

178 hedge funds and large institutions have $988M invested in Sabesp in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 74 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 20

26% more capital invested

Capital invested by funds: $787M → $988M (+$201M)

3% more funds holding

Funds holding: 173 → 178 (+5)

6.09% less ownership

Funds ownership: 76.59% → 70.5% (-6.1%)

31% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 74

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

80% less call options, than puts

Call options by funds: $329K | Put options by funds: $1.68M

Holders
178
Holders Change
+5
Holders Change %
+2.89%
% of All Funds
3.85%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
26
Increased
51
Reduced
74
Closed
20
Calls
$329K
Puts
$1.68M
Net Calls
-$1.35M
Net Calls Change
-$1.4M

Top Buyers

1
AQR Capital Management
AQR Capital Management
Connecticut
+$44M
2
Renaissance Technologies
Renaissance Technologies
New York
+$17.7M
3
Deutsche Bank
Deutsche Bank
Germany
+$10.8M
4
HSBC Holdings
HSBC Holdings
United Kingdom
+$8.54M
5
NCM
Newfoundland Capital Management
Brazil
+$8.49M

Top Sellers

1
Impax Asset Management Group
Impax Asset Management Group
United Kingdom
-$64.2M
2
UBS AM
UBS AM
Illinois
-$27.1M
3
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
-$19.1M
4
Nordea Investment Management
Nordea Investment Management
Sweden
-$17.3M
5
Man Group
Man Group
United Kingdom
-$10.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
AQR Capital Management
1
AQR Capital Management
Connecticut
$118M +$44M +21,117,306 +58%
Impax Asset Management Group
2
Impax Asset Management Group
United Kingdom
$71.9M -$64.2M -30,819,339 -47%
Renaissance Technologies
3
Renaissance Technologies
New York
$64.9M +$17.7M +8,481,938 +37%
Invesco
4
Invesco
Georgia
$53.6M +$7.1M +3,407,677 +15%
Arrowstreet Capital
5
Arrowstreet Capital
Massachusetts
$50.5M -$3.04M -1,459,451 -6%
Vanguard Group
6
Vanguard Group
Pennsylvania
$49.4M -$812K -389,890 -2%
Nordea Investment Management
7
Nordea Investment Management
Sweden
$46.5M -$17.3M -8,323,612 -27%
LBA
8
Letko, Brosseau & Associates
Quebec, Canada
$42.1M -$1.46M -701,287 -3%
Deutsche Bank
9
Deutsche Bank
Germany
$34M +$10.8M +5,183,718 +45%
Goldman Sachs
10
Goldman Sachs
New York
$33M -$8.58M -4,120,598 -20%
BlackRock
11
BlackRock
New York
$29.3M +$3.25M +1,560,828 +12%
Bank of America
12
Bank of America
North Carolina
$29M -$3.89M -1,867,399 -12%
State Street
13
State Street
Massachusetts
$24.8M +$809K +388,503 +3%
UBS AM
14
UBS AM
Illinois
$23.3M -$27.1M -13,023,040 -53%
SO
15
STRS Ohio
Ohio
$15.2M – – –
Morgan Stanley
16
Morgan Stanley
New York
$14.7M -$1.22M -584,755 -8%
Lazard Asset Management
17
Lazard Asset Management
New York
$14.3M -$2.7M -1,296,330 -16%
Allianz Asset Management
18
Allianz Asset Management
Germany
$13.6M +$5.35M +2,570,217 +63%
Millennium Management
19
Millennium Management
New York
$13.4M -$1.29M -618,298 -9%
PPA
20
Parametric Portfolio Associates
Washington
$13.1M -$1.23M -590,365 -8%
AAMU
21
Amundi Asset Management US
Massachusetts
$13M -$3.39M -1,627,909 -21%
HSBC Holdings
22
HSBC Holdings
United Kingdom
$12.6M +$8.54M +4,102,530 +203%
Grantham, Mayo, Van Otterloo & Co (GMO)
23
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$12.5M -$874K -419,741 -6%
Northern Trust
24
Northern Trust
Illinois
$12.2M +$2.95M +1,416,327 +31%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$11M – – –
1
2 3 4 5

SBS Hedge Fund Activity: Q1 2019 in Review

178 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q1 2019, worth a combined $988M — up 26% from $787M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new SBS positions and 20 closed out — a net gain of 6 holders — while 51 added to existing stakes and 74 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $44M. The largest seller was Impax Asset Management Group, cutting an estimated $64.2M.

  • 178 institutional investors held Sabesp (SBS) as of Q1 2019, up from 173 in Q4 2018.
  • Funds reported $988M of Sabesp stock for Q1 2019, up 26% quarter-over-quarter.
  • 26 funds opened new Sabesp positions in Q1 2019 and 20 closed out, a net change of +6 holders.
  • The largest Sabesp buyer in Q1 2019 was AQR Capital Management, an estimated $44M added.
  • The largest Sabesp seller in Q1 2019 was Impax Asset Management Group, an estimated $64.2M sold.

Based on aggregated 13F filings for Q1 2019.