Ultrapar
105 hedge funds and large institutions have $232M invested in Ultrapar in 2019 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 28 increasing their positions, 31 reducing their positions, and 16 closing their positions.
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
11% more funds holding
Funds holding: 95 → 105 (+10)
10% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 31
1.58% less ownership
Funds ownership: 8.56% → 6.98% (-1.6%)
28% less capital invested
Capital invested by funds: $321M → $232M (-$89.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$10.4M |
| 2 |
SG Americas Securities
New York
|
+$5.01M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$4.56M |
| 4 |
Millennium Management
New York
|
+$3.51M |
| 5 |
Cohen & Steers
New York
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$21.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$18.8M |
| 3 |
Morgan Stanley
New York
|
-$14.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$13.7M |
| 5 |
PG
Pendal Group
Sydney,
Australia
|
-$9.74M |
UGP Hedge Fund Activity: Q1 2019 in Review
105 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q1 2019, worth a combined $232M — down 28% from $321M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new UGP positions and 16 closed out — a net gain of 11 holders — while 28 added to existing stakes and 31 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $10.4M. The largest seller was Aberdeen Group, cutting an estimated $21.2M.
- 105 institutional investors held Ultrapar (UGP) as of Q1 2019, up from 95 in Q4 2018.
- Funds reported $232M of Ultrapar stock for Q1 2019, down 28% quarter-over-quarter.
- 27 funds opened new Ultrapar positions in Q1 2019 and 16 closed out, a net change of +11 holders.
- The largest Ultrapar buyer in Q1 2019 was Renaissance Technologies, an estimated $10.4M added.
- The largest Ultrapar seller in Q1 2019 was Aberdeen Group, an estimated $21.2M sold.
Based on aggregated 13F filings for Q1 2019.