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Ultrapar

84 hedge funds and large institutions have $165M invested in Ultrapar in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 37 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

28% more capital invested

Capital invested by funds: $128M → $165M (+$36.4M)

6% more funds holding

Funds holding: 7984 (+5)

0.14% less ownership

Funds ownership: 3.4%3.26% (-0.14%)

46% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 37

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $2K

Holders
84
Holders Change
+5
Holders Change %
+6.33%
% of All Funds
1.49%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
20
Reduced
37
Closed
11
Calls
Puts
$2K
Net Calls
-$2K
Net Calls Change
-$2K
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$32.1M -$3.04M -802,300 -10%
BlackRock
2
BlackRock
New York
$23.3M +$73.9K +19,480 +0.4%
CIBC Private Wealth Group
3
CIBC Private Wealth Group
Georgia
$16.2M
NC
4
Naman Capital
Brazil
$15.4M +$12.9M +3,390,437 New
State Street
5
State Street
Massachusetts
$11.3M -$242K -63,683 -2%
BNP Paribas Financial Markets
6
BNP Paribas Financial Markets
France
$8.7M +$4.22M +1,111,029 +137%
IUHSA
7
Itau Unibanco Holding S.A.
Brazil
$7.36M +$6.13M +1,616,992 New
Bank of America
8
Bank of America
North Carolina
$6.32M -$11.3M -2,991,519 -68%
SGDR
9
SPX Gestao de Recursos
Brazil
$4.91M -$614K -161,735 -13%
Northern Trust
10
Northern Trust
Illinois
$4.44M -$1.09M -288,135 -23%
UBS Group
11
UBS Group
Switzerland
$4.06M +$67.1K +17,679 +2%
PPA
12
Parametric Portfolio Associates
Washington
$3.96M -$121K -32,020 -4%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$3.62M -$767K -202,087 -20%
Canada Life
14
Canada Life
Manitoba, Canada
$2.14M -$2.76M -727,220 -61%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$1.97M -$129K -34,105 -7%
AG
16
Aperio Group
California
$1.8M -$62.1K -16,367 -4%
Citigroup
17
Citigroup
New York
$1.42M -$2.44K -644 -0.2%
Goldman Sachs
18
Goldman Sachs
New York
$1.37M -$44.3K -11,680 -4%
BNP Paribas Asset Management
19
BNP Paribas Asset Management
France
$1.06M -$88.4K -23,300 -9%
Morgan Stanley
20
Morgan Stanley
New York
$928K -$5.83M -1,536,800 -88%
HSBC Holdings
21
HSBC Holdings
United Kingdom
$873K +$80.4K +21,194 +12%
PI
22
PineBridge Investments
New York
$803K -$820K -216,083 -55%
Millennium Management
23
Millennium Management
New York
$749K -$884K -232,880 -58%
AQR Capital Management
24
AQR Capital Management
Connecticut
$741K -$21.7K -5,727 -3%
Mackenzie Financial
25
Mackenzie Financial
Ontario, Canada
$676K +$122K +32,143 +27%

UGP Hedge Fund Activity: Q4 2020 in Review

84 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q4 2020, worth a combined $165M — up 28% from $128M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new UGP positions and 11 closed out — a net gain of 5 holders — while 20 added to existing stakes and 37 trimmed.

The largest buyer was Naman Capital, opening a new position worth an estimated $12.9M. The largest seller was Bank of America, cutting an estimated $11.3M.

  • 84 institutional investors held Ultrapar (UGP) as of Q4 2020, up from 79 in Q3 2020.
  • Funds reported $165M of Ultrapar stock for Q4 2020, up 28% quarter-over-quarter.
  • 16 funds opened new Ultrapar positions in Q4 2020 and 11 closed out, a net change of +5 holders.
  • The largest Ultrapar buyer in Q4 2020 was Naman Capital, an estimated $12.9M added.
  • The largest Ultrapar seller in Q4 2020 was Bank of America, an estimated $11.3M sold.

Based on aggregated 13F filings for Q4 2020.