Sabesp
SBS
156 hedge funds and large institutions have $871M invested in Sabesp in 2020 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 49 increasing their positions, 58 reducing their positions, and 16 closing their positions.
305% more call options, than puts
Call options by funds: $8.58M | Put options by funds: $2.12M
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
46% more capital invested
Capital invested by funds: $595M → $871M (+$276M)
5% more funds holding
Funds holding: 148 → 156 (+8)
1.91% more ownership
Funds ownership: 60.76% → 62.67% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$50.7M |
| 2 |
Morgan Stanley
New York
|
+$19.1M |
| 3 |
Impax Asset Management Group
London,
United Kingdom
|
+$16.8M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$12.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$26.6M |
| 2 |
Goldman Sachs
New York
|
-$17.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17.1M |
| 4 |
Renaissance Technologies
New York
|
-$11.1M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$7.99M |
SBS Hedge Fund Activity: Q2 2020 in Review
156 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q2 2020, worth a combined $871M — up 46% from $595M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SBS positions and 16 closed out — a net gain of 8 holders — while 49 added to existing stakes and 58 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $50.7M. The largest seller was AQR Capital Management, cutting an estimated $26.6M.
- 156 institutional investors held Sabesp (SBS) as of Q2 2020, up from 148 in Q1 2020.
- Funds reported $871M of Sabesp stock for Q2 2020, up 46% quarter-over-quarter.
- 24 funds opened new Sabesp positions in Q2 2020 and 16 closed out, a net change of +8 holders.
- The largest Sabesp buyer in Q2 2020 was Nordea Investment Management, an estimated $50.7M added.
- The largest Sabesp seller in Q2 2020 was AQR Capital Management, an estimated $26.6M sold.
Based on aggregated 13F filings for Q2 2020.