Ultrapar
79 hedge funds and large institutions have $120M invested in Ultrapar in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 16 closing their positions.
29% more capital invested
Capital invested by funds: $92.7M → $120M (+$27.3M)
1% more funds holding
Funds holding: 78 → 79 (+1)
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
0.25% less ownership
Funds ownership: 3.42% → 3.17% (-0.25%)
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.22M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.48M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.32M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.7M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AMS Capital
Sao Paulo,
Brazil
|
-$5.47M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$5.17M |
| 3 |
Renaissance Technologies
New York
|
-$4.87M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.61M |
| 5 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
-$1.43M |
UGP Hedge Fund Activity: Q2 2020 in Review
79 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q2 2020, worth a combined $120M — up 29% from $92.7M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new UGP positions and 16 closed out — a net gain of 1 holder — while 25 added to existing stakes and 27 trimmed.
The largest buyer was Millennium Management, adding an estimated $4.22M. The largest seller was AMS Capital, exiting entirely with an estimated $5.47M sold.
- 79 institutional investors held Ultrapar (UGP) as of Q2 2020, up from 78 in Q1 2020.
- Funds reported $120M of Ultrapar stock for Q2 2020, up 29% quarter-over-quarter.
- 17 funds opened new Ultrapar positions in Q2 2020 and 16 closed out, a net change of +1 holder.
- The largest Ultrapar buyer in Q2 2020 was Millennium Management, an estimated $4.22M added.
- The largest Ultrapar seller in Q2 2020 was AMS Capital, an estimated $5.47M sold.
Based on aggregated 13F filings for Q2 2020.