Ultrapar
98 hedge funds and large institutions have $493M invested in Ultrapar in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 22 increasing their positions, 45 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
11% more funds holding
Funds holding: 88 → 98 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.19% less ownership
Funds ownership: 7.84% → 7.65% (-0.19%)
6% less capital invested
Capital invested by funds: $525M → $493M (-$32.2M)
51% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$11M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$4.62M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$3.18M |
| 4 |
Millennium Management
New York
|
+$3.12M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$11.7M |
| 2 |
Morgan Stanley
New York
|
-$9.86M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$7.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.59M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$4.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MME
101
Meag Munich Ergo
Munich,
Germany
| – | -$1.5M | -120,000 | Closed |
|
|
EMG
102
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$1.07M | -87,000 | Closed |
|
|
RFC
103
Russell Frank Company
Seattle,
Washington
| – | -$1.06M | -86,000 | Closed |
|
|
VKH
104
Virtu KCG Holdings
New York
| – | -$922K | -74,990 | Closed |
|
|
PP
105
PDT Partners
New York
| – | -$298K | -24,200 | Closed |
|
|
GCC
106
Guardian Capital (Canada)
Toronto,
Ontario, Canada
| – | -$230K | -18,700 | Closed |
|
|
BCAM
107
Boston Common Asset Management
Boston,
Massachusetts
| – | -$8K | -680 | Closed |
|
|
NES
108
New England Securities
New York
| – | -$3K | -206 | Closed |
|
109
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -66 | Closed |
|
UGP Hedge Fund Activity: Q4 2013 in Review
98 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q4 2013, worth a combined $493M — down 6.1% from $525M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new UGP positions and 11 closed out — a net gain of 10 holders — while 22 added to existing stakes and 45 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $11M. The largest seller was Bank of America, cutting an estimated $11.7M.
- 98 institutional investors held Ultrapar (UGP) as of Q4 2013, up from 88 in Q3 2013.
- Funds reported $493M of Ultrapar stock for Q4 2013, down 6.1% quarter-over-quarter.
- 21 funds opened new Ultrapar positions in Q4 2013 and 11 closed out, a net change of +10 holders.
- The largest Ultrapar buyer in Q4 2013 was Renaissance Technologies, an estimated $11M added.
- The largest Ultrapar seller in Q4 2013 was Bank of America, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2013.