Sabesp
SBS
152 hedge funds and large institutions have $625M invested in Sabesp in 2020 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 44 reducing their positions, and 23 closing their positions.
231% more call options, than puts
Call options by funds: $612K | Put options by funds: $185K
20% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 44
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
7% more capital invested
Capital invested by funds: $584M → $625M (+$40.5M)
1.84% more ownership
Funds ownership: 53.13% → 54.97% (+1.8%)
1% more funds holding
Funds holding: 151 → 152 (+1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
+$58.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$15M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$5.24M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.05M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.35M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$6.66M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$6.29M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$4.88M |
SBS Hedge Fund Activity: Q4 2020 in Review
152 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2020, worth a combined $625M — up 6.9% from $584M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SBS positions and 23 closed out — a net gain of 3 holders — while 53 added to existing stakes and 44 trimmed.
The largest buyer was Impax Asset Management Group, adding an estimated $58.7M. The largest seller was Fidelity Investments, cutting an estimated $30.5M.
- 152 institutional investors held Sabesp (SBS) as of Q4 2020, up from 151 in Q3 2020.
- Funds reported $625M of Sabesp stock for Q4 2020, up 6.9% quarter-over-quarter.
- 26 funds opened new Sabesp positions in Q4 2020 and 23 closed out, a net change of +3 holders.
- The largest Sabesp buyer in Q4 2020 was Impax Asset Management Group, an estimated $58.7M added.
- The largest Sabesp seller in Q4 2020 was Fidelity Investments, an estimated $30.5M sold.
Based on aggregated 13F filings for Q4 2020.