Ultrapar
98 hedge funds and large institutions have $145M invested in Ultrapar in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
11% more funds holding
Funds holding: 88 → 98 (+10)
0.04% more ownership
Funds ownership: 3.5% → 3.54% (+0.04%)
6% less capital invested
Capital invested by funds: $153M → $145M (-$8.48M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.25M |
| 2 |
Millennium Management
New York
|
+$5.11M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.15M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.76M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$740K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Naman Capital
Sao Paulo,
Brazil
|
-$10M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$6.31M |
| 3 |
Morgan Stanley
New York
|
-$1.84M |
| 4 |
II
Inspire Investing
Meridian,
Idaho
|
-$676K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$409K |
UGP Hedge Fund Activity: Q3 2023 in Review
98 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q3 2023, worth a combined $145M — down 5.5% from $153M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new UGP positions and 11 closed out — a net gain of 10 holders — while 33 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $5.25M. The largest seller was Naman Capital, cutting an estimated $10M.
- 98 institutional investors held Ultrapar (UGP) as of Q3 2023, up from 88 in Q2 2023.
- Funds reported $145M of Ultrapar stock for Q3 2023, down 5.5% quarter-over-quarter.
- 21 funds opened new Ultrapar positions in Q3 2023 and 11 closed out, a net change of +10 holders.
- The largest Ultrapar buyer in Q3 2023 was BlackRock, an estimated $5.25M added.
- The largest Ultrapar seller in Q3 2023 was Naman Capital, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2023.