Sabesp
159 hedge funds and large institutions have $1.12B invested in Sabesp in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 61 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
9% more funds holding
Funds holding: 146 → 159 (+13)
4.25% less ownership
Funds ownership: 59.66% → 55.41% (-4.2%)
11% less call options, than puts
Call options by funds: $985K | Put options by funds: $1.1M
18% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 61
40% less capital invested
Capital invested by funds: $1.87B → $1.12B (-$757M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$46M |
| 2 |
Goldman Sachs
New York
|
+$13.5M |
| 3 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
+$10.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.85M |
| 5 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$82.8M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
-$21.1M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$10.4M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.82M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$5.39M |
SBS Hedge Fund Activity: Q4 2023 in Review
159 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q4 2023, worth a combined $1.12B — down 40% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SBS positions and 15 closed out — a net gain of 13 holders — while 50 added to existing stakes and 61 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $46M. The largest seller was BlackRock, cutting an estimated $82.8M.
- 159 institutional investors held Sabesp (SBS) as of Q4 2023, up from 146 in Q3 2023.
- Funds reported $1.12B of Sabesp stock for Q4 2023, down 40% quarter-over-quarter.
- 28 funds opened new Sabesp positions in Q4 2023 and 15 closed out, a net change of +13 holders.
- The largest Sabesp buyer in Q4 2023 was Morgan Stanley, an estimated $46M added.
- The largest Sabesp seller in Q4 2023 was BlackRock, an estimated $82.8M sold.
Based on aggregated 13F filings for Q4 2023.