Ultrapar
119 hedge funds and large institutions have $216M invested in Ultrapar in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 11 closing their positions.
200% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 11
49% more capital invested
Capital invested by funds: $145M → $216M (+$70.8M)
21% more funds holding
Funds holding: 98 → 119 (+21)
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
0.03% more ownership
Funds ownership: 3.54% → 3.57% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.55M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.1M |
| 3 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$1.71M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
+$995K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.13M |
| 2 |
BlackRock
New York
|
-$4.06M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
-$1.72M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.69M |
| 5 |
Morgan Stanley
New York
|
-$1.21M |
UGP Hedge Fund Activity: Q4 2023 in Review
119 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Ultrapar (UGP) for Q4 2023, worth a combined $216M — up 49% from $145M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new UGP positions and 11 closed out — a net gain of 22 holders — while 37 added to existing stakes and 33 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $5.55M. The largest seller was Millennium Management, cutting an estimated $4.13M.
- 119 institutional investors held Ultrapar (UGP) as of Q4 2023, up from 98 in Q3 2023.
- Funds reported $216M of Ultrapar stock for Q4 2023, up 49% quarter-over-quarter.
- 33 funds opened new Ultrapar positions in Q4 2023 and 11 closed out, a net change of +22 holders.
- The largest Ultrapar buyer in Q4 2023 was Acadian Asset Management, an estimated $5.55M added.
- The largest Ultrapar seller in Q4 2023 was Millennium Management, an estimated $4.13M sold.
Based on aggregated 13F filings for Q4 2023.