Ultrapar
99 hedge funds and large institutions have $145M invested in Ultrapar in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
13% more funds holding
Funds holding: 88 → 99 (+11)
0.04% more ownership
Funds ownership: 3.5% → 3.54% (+0.04%)
6% less capital invested
Capital invested by funds: $153M → $145M (-$8.47M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.25M |
| 2 |
Millennium Management
New York
|
+$5.11M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.15M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.76M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$740K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Naman Capital
Sao Paulo,
Brazil
|
-$10M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$6.31M |
| 3 |
Morgan Stanley
New York
|
-$1.84M |
| 4 |
II
Inspire Investing
Meridian,
Idaho
|
-$676K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$409K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
II
101
Inspire Investing
Meridian,
Idaho
| – | -$676K | -171,890 | Closed |
|
|
102
Citadel Advisors
Miami,
Florida
| – | -$409K | -104,082 | Closed |
|
|
BBP
103
Banco BTG Pactual
Rio De Janeiro,
Brazil
| – | -$402K | -102,405 | Closed |
|
|
HF
104
HRT Financial
New York
| – | -$310K | -78,995 | Closed |
|
|
VIA
105
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$302K | -76,904 | Closed |
|
|
TSS
106
Two Sigma Securities
New York
| – | -$51K | -12,971 | Closed |
|
107
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$25K | -6,420 | Closed |
|
|
SSB
108
Sandy Spring Bank
Olney,
Maryland
| – | -$3.93K | -1,000 | Closed |
|
|
TPCW
109
TD Private Client Wealth
New York
| – | -$389 | -99 | Closed |
|
|
RI
110
Ridgewood Investments
Springfield,
New Jersey
| – | -$221 | -56 | Closed |
|
UGP Hedge Fund Activity: Q3 2023 in Review
99 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q3 2023, worth a combined $145M — down 5.5% from $153M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new UGP positions and 11 closed out — a net gain of 11 holders — while 33 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $5.25M. The largest seller was Naman Capital, cutting an estimated $10M.
- 99 institutional investors held Ultrapar (UGP) as of Q3 2023, up from 88 in Q2 2023.
- Funds reported $145M of Ultrapar stock for Q3 2023, down 5.5% quarter-over-quarter.
- 22 funds opened new Ultrapar positions in Q3 2023 and 11 closed out, a net change of +11 holders.
- The largest Ultrapar buyer in Q3 2023 was BlackRock, an estimated $5.25M added.
- The largest Ultrapar seller in Q3 2023 was Naman Capital, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2023.