Ultrapar
119 hedge funds and large institutions have $197M invested in Ultrapar in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 46 reducing their positions, and 21 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 46
0.39% more ownership
Funds ownership: 4.12% → 4.51% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 129 → 119 (-10)
25% less capital invested
Capital invested by funds: $263M → $197M (-$66M)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
78% less call options, than puts
Call options by funds: $2K | Put options by funds: $9K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$7.23M |
| 2 |
Two Sigma Advisers
New York
|
+$5.74M |
| 3 |
Two Sigma Investments
New York
|
+$5.73M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.28M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$3.08M |
| 2 |
Morgan Stanley
New York
|
-$2.64M |
| 3 |
PI
PineBridge Investments
New York
|
-$1.3M |
| 4 |
BlackRock
New York
|
-$1.29M |
| 5 |
Millennium Management
New York
|
-$962K |
UGP Hedge Fund Activity: Q2 2024 in Review
119 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q2 2024, worth a combined $197M — down 25% from $263M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of UGP and 13 opened new positions — a net loss of 8 holders — while 46 trimmed existing stakes and 47 added.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $7.23M. The largest seller was State Street, cutting an estimated $3.08M.
- 119 institutional investors held Ultrapar (UGP) as of Q2 2024, down from 129 in Q1 2024.
- Funds reported $197M of Ultrapar stock for Q2 2024, down 25% quarter-over-quarter.
- 13 funds opened new Ultrapar positions in Q2 2024 and 21 closed out, a net change of -8 holders.
- The largest Ultrapar buyer in Q2 2024 was Hennessy Advisors Inc, an estimated $7.23M added.
- The largest Ultrapar seller in Q2 2024 was State Street, an estimated $3.08M sold.
Based on aggregated 13F filings for Q2 2024.