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Ultrapar

85 hedge funds and large institutions have $250M invested in Ultrapar in 2019 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 21 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 21

58% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 12

47% more capital invested

Capital invested by funds: $171M → $250M (+$79.4M)

9% more funds holding

Funds holding: 7885 (+7)

0.17% more ownership

Funds ownership: 3.43%3.59% (+0.17%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
85
Holders Change
+7
Holders Change %
+8.97%
% of All Funds
1.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
34
Reduced
21
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$59.2M +$4.47M +878,600 +10%
BlackRock
2
BlackRock
New York
$34.5M -$2.82M -554,140 -9%
CIBC Private Wealth Group
3
CIBC Private Wealth Group
Georgia
$22.4M -$3.66K -720 -0%
Bank of America
4
Bank of America
North Carolina
$19.2M +$10.1M +1,988,961 +184%
State Street
5
State Street
Massachusetts
$18.4M -$55.3K -10,878 -0.4%
Aberdeen Group
6
Aberdeen Group
United Kingdom
$13.2M
AC
7
AMS Capital
Brazil
$9.17M -$13.7M -2,700,030 -65%
Northern Trust
8
Northern Trust
Illinois
$6.37M +$1.59M +313,195 +44%
PPA
9
Parametric Portfolio Associates
Washington
$6.19M +$2.03M +398,685 +68%
Millennium Management
10
Millennium Management
New York
$5.99M -$1.16M -228,971 -19%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$5.47M -$2.26M -444,552 -34%
N
12
Nuveen
North Carolina
$4.74M +$10.5K +2,069 +0.3%
BNP Paribas Financial Markets
13
BNP Paribas Financial Markets
France
$3.86M +$1.33M +262,235 +74%
BNP Paribas Asset Management
14
BNP Paribas Asset Management
France
$3.79M +$1.81M +355,300 +142%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$3.3M +$2.68M +527,009 New
SGDR
16
SPX Gestao de Recursos
Brazil
$3.21M +$2.6M +511,949 New
AG
17
Aperio Group
California
$2.5M +$388K +76,328 +24%
ED
18
Exane Derivatives
France
$2.46M +$111K +21,840 +6%
Sumitomo Mitsui Trust Group
19
Sumitomo Mitsui Trust Group
Japan
$2.35M +$64.1K +12,600 +3%
Canada Life
20
Canada Life
Manitoba, Canada
$2.02M +$930K +182,788 +129%
Morgan Stanley
21
Morgan Stanley
New York
$1.9M +$1.14M +223,778 +283%
AQR Capital Management
22
AQR Capital Management
Connecticut
$1.53M -$182K -35,873 -13%
PG
23
Pendal Group
Australia
$1.48M +$1.21M +237,085 New
PI
24
PineBridge Investments
New York
$1.42M +$1.15M +226,392 New
Vanguard Group
25
Vanguard Group
Pennsylvania
$1.09M -$1.88M -369,483 -68%

UGP Hedge Fund Activity: Q4 2019 in Review

85 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q4 2019, worth a combined $250M — up 47% from $171M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new UGP positions and 12 closed out — a net gain of 7 holders — while 34 added to existing stakes and 21 trimmed.

The largest buyer was Bank of America, adding an estimated $10.1M. The largest seller was AMS Capital, cutting an estimated $13.7M.

  • 85 institutional investors held Ultrapar (UGP) as of Q4 2019, up from 78 in Q3 2019.
  • Funds reported $250M of Ultrapar stock for Q4 2019, up 47% quarter-over-quarter.
  • 19 funds opened new Ultrapar positions in Q4 2019 and 12 closed out, a net change of +7 holders.
  • The largest Ultrapar buyer in Q4 2019 was Bank of America, an estimated $10.1M added.
  • The largest Ultrapar seller in Q4 2019 was AMS Capital, an estimated $13.7M sold.

Based on aggregated 13F filings for Q4 2019.