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Ultrapar

95 hedge funds and large institutions have $321M invested in Ultrapar in 2018 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 26

0% more funds holding

Funds holding: 9595 (0)

0% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 30

1.2% less ownership

Funds ownership: 9.76%8.56% (-1.2%)

21% less capital invested

Capital invested by funds: $408M → $321M (-$86.6M)

Holders
95
Holders Change
Holders Change %
0%
% of All Funds
2.12%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
27
Increased
30
Reduced
30
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$42.8M -$4.86M -837,830 -12%
Aberdeen Group
2
Aberdeen Group
United Kingdom
$37.7M -$9.52M -1,640,728 -23%
BlackRock
3
BlackRock
New York
$26.5M -$1.17M -201,078 -5%
CIBC Private Wealth Group
4
CIBC Private Wealth Group
Georgia
$24.2M +$4.18K +720 +0%
Bank of America
5
Bank of America
North Carolina
$21.1M +$18M +3,108,168 +31,125%
State Street
6
State Street
Massachusetts
$19.9M -$77.3K -13,316 -0.5%
Morgan Stanley
7
Morgan Stanley
New York
$17M +$1.58M +271,728 +12%
Charles Schwab
8
Charles Schwab
California
$15.1M +$7.36M +1,268,946 +132%
Invesco
9
Invesco
Georgia
$14.2M -$6.79M -1,170,376 -36%
PG
10
Pendal Group
Australia
$11.2M +$10.1M +1,742,992 New
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$8.48M +$1.02M +176,196 +16%
CS
12
Credit Suisse
Switzerland
$6.95M +$5.12M +881,814 +612%
Millennium Management
13
Millennium Management
New York
$6.88M +$280K +48,196 +5%
Northern Trust
14
Northern Trust
Illinois
$6.2M -$2.24M -386,202 -30%
PPA
15
Parametric Portfolio Associates
Washington
$5.09M +$1.63M +280,056 +59%
Vanguard Group
16
Vanguard Group
Pennsylvania
$4.3M +$324K +55,842 +10%
Goldman Sachs
17
Goldman Sachs
New York
$4M -$2.81M -484,870 -45%
Jane Street
18
Jane Street
New York
$3.9M +$3.06M +528,112 +1,117%
BNP Paribas Asset Management
19
BNP Paribas Asset Management
France
$3.6M +$3.11M +535,256 New
LCM
20
Legato Capital Management
California
$3.55M +$1.38M +237,800 +83%
PI
21
PineBridge Investments
New York
$3.53M +$1.81M +311,214 +148%
HL
22
Harding Loevner
New Jersey
$2.77M
AG
23
Aperio Group
California
$2.73M -$545K -93,962 -19%
BBP
24
Banco BTG Pactual
Brazil
$2.65M +$2.28M +392,978 New
SGDR
25
SPX Gestao de Recursos
Brazil
$1.94M +$1.46M +252,154 +748%

UGP Hedge Fund Activity: Q4 2018 in Review

95 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q4 2018, worth a combined $321M — down 21% from $408M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new UGP positions and 26 closed out — a net gain of 1 holder — while 30 added to existing stakes and 30 trimmed.

The largest buyer was Bank of America, adding an estimated $18M. The largest seller was Genesis Asset Managers, exiting entirely with an estimated $26.5M sold.

  • 95 institutional investors held Ultrapar (UGP) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $321M of Ultrapar stock for Q4 2018, down 21% quarter-over-quarter.
  • 27 funds opened new Ultrapar positions in Q4 2018 and 26 closed out, a net change of +1 holder.
  • The largest Ultrapar buyer in Q4 2018 was Bank of America, an estimated $18M added.
  • The largest Ultrapar seller in Q4 2018 was Genesis Asset Managers, an estimated $26.5M sold.

Based on aggregated 13F filings for Q4 2018.