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Ultrapar

84 hedge funds and large institutions have $327M invested in Ultrapar in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 26

3% more call options, than puts

Call options by funds: $192K | Put options by funds: $186K

0.63% more ownership

Funds ownership: 9.31%9.93% (+0.63%)

14% less funds holding

Funds holding: 9884 (-14)

41% less capital invested

Capital invested by funds: $559M → $327M (-$232M)

45% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 29

Holders
84
Holders Change
-14
Holders Change %
-14.29%
% of All Funds
1.92%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
28
Reduced
26
Closed
29
Calls
$192K
Puts
$186K
Net Calls
+$6K
Net Calls Change
+$6K
Name Holding Trade Value Shares
Change
Change in
Stake
Aberdeen Group
1
Aberdeen Group
United Kingdom
$64.6M -$2.7M -349,258 -3%
Renaissance Technologies
2
Renaissance Technologies
New York
$39.1M +$5.84M +755,000 +13%
GAM
3
Genesis Asset Managers
United Kingdom
$35.2M -$1.3M -168,110 -3%
BlackRock
4
BlackRock
New York
$34.3M -$260K -33,606 -0.6%
CIBC Private Wealth Group
5
CIBC Private Wealth Group
Georgia
$21.1M
Invesco
6
Invesco
Georgia
$16.4M +$12.9M +1,664,430 +150%
State Street
7
State Street
Massachusetts
$13.6M +$807K +104,302 +5%
Deutsche Bank
8
Deutsche Bank
Germany
$11.1M +$9.25M +1,196,194 +176%
RL
9
Ruffer LLP
United Kingdom
$10.1M
Morgan Stanley
10
Morgan Stanley
New York
$8.84M +$1.65M +212,842 +17%
JP Morgan Chase
11
JP Morgan Chase
New York
$8.79M +$11M +1,425,056 +2,398%
Northern Trust
12
Northern Trust
Illinois
$8.43M +$282K +36,470 +3%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$6.19M +$24.9K +3,220 +0.3%
Charles Schwab
14
Charles Schwab
California
$5.64M -$216K -27,908 -3%
Grantham, Mayo, Van Otterloo & Co (GMO)
15
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$5.05M +$6.59M +852,600 New
Goldman Sachs
16
Goldman Sachs
New York
$3.79M -$726K -93,858 -13%
Fisher Asset Management
17
Fisher Asset Management
Washington
$3.51M +$49.6K +6,410 +1%
Vanguard Group
18
Vanguard Group
Pennsylvania
$3.44M -$129K -16,666 -3%
AG
19
Aperio Group
California
$2.57M +$413K +53,398 +14%
PPA
20
Parametric Portfolio Associates
Washington
$2.24M +$53K +6,848 +2%
Two Sigma Investments
21
Two Sigma Investments
New York
$2.23M +$2.91M +376,664 New
RJA
22
Raymond James & Associates
Florida
$2.21M +$2.89M +373,666 New
Canada Pension Plan Investment Board
23
Canada Pension Plan Investment Board
Ontario, Canada
$1.99M +$2.6M +336,000 New
AAM
24
Advisors Asset Management
Colorado
$1.69M -$188K -24,334 -8%
LCM
25
Legato Capital Management
California
$1.54M

UGP Hedge Fund Activity: Q2 2018 in Review

84 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q2 2018, worth a combined $327M — down 41% from $559M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of UGP and 16 opened new positions — a net loss of 13 holders — while 26 trimmed existing stakes and 28 added.

The largest buyer was Invesco, adding an estimated $12.9M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $7.63M sold.

  • 84 institutional investors held Ultrapar (UGP) as of Q2 2018, down from 98 in Q1 2018.
  • Funds reported $327M of Ultrapar stock for Q2 2018, down 41% quarter-over-quarter.
  • 16 funds opened new Ultrapar positions in Q2 2018 and 29 closed out, a net change of -13 holders.
  • The largest Ultrapar buyer in Q2 2018 was Invesco, an estimated $12.9M added.
  • The largest Ultrapar seller in Q2 2018 was Arrowstreet Capital, an estimated $7.63M sold.

Based on aggregated 13F filings for Q2 2018.