Ultrapar
119 hedge funds and large institutions have $224M invested in Ultrapar in 2023 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 39 increasing their positions, 32 reducing their positions, and 11 closing their positions.
191% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 11
55% more capital invested
Capital invested by funds: $145M → $224M (+$79.1M)
22% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 32
20% more funds holding
Funds holding: 99 → 119 (+20)
0.17% more ownership
Funds ownership: 3.54% → 3.7% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.81M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.55M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.1M |
| 4 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$1.71M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.13M |
| 2 |
BlackRock
New York
|
-$4.06M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
-$1.72M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.69M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Squarepoint
New York
| – | -$65.2K | -17,774 | Closed |
|
127
SEI Investments
Oaks,
Pennsylvania
| – | -$63.1K | -17,193 | Closed |
|
|
SGDR
128
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
| – | -$32.6K | -8,870 | Closed |
|
|
N
129
Nuveen
Charlotte,
North Carolina
| – | -$5.89K | -1,606 | Closed |
|
130
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$14 | +3 | New |
|
UGP Hedge Fund Activity: Q4 2023 in Review
119 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q4 2023, worth a combined $224M — up 55% from $145M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new UGP positions and 11 closed out — a net gain of 21 holders — while 39 added to existing stakes and 32 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.81M. The largest seller was Millennium Management, cutting an estimated $4.13M.
- 119 institutional investors held Ultrapar (UGP) as of Q4 2023, up from 99 in Q3 2023.
- Funds reported $224M of Ultrapar stock for Q4 2023, up 55% quarter-over-quarter.
- 32 funds opened new Ultrapar positions in Q4 2023 and 11 closed out, a net change of +21 holders.
- The largest Ultrapar buyer in Q4 2023 was Morgan Stanley, an estimated $5.81M added.
- The largest Ultrapar seller in Q4 2023 was Millennium Management, an estimated $4.13M sold.
Based on aggregated 13F filings for Q4 2023.