Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cosan S A (CSAN)

64 + Investors. Track Smart Money conviction in CSAN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — CSAN

Based on 72 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CSAN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 84% of 3.0Y peak

84% of all-time peak
72 funds currently hold this stock — 84% of the 3.0-year high of 86 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 16% fewer funds vs a year ago

fund count last 6Q
14 fewer hedge funds hold CSAN compared to a year ago (-16% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 48% buying

41 buying45 selling
Last quarter: 45 funds reduced or exited vs 41 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 23 → 11 → 27 → 18. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 39% long-term, 36% new

■ 39% conviction (2yr+) ■ 25% medium ■ 36% new
Of the 72 current holders: 28 (39%) held >2 years, 18 held 1–2 years, and 26 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📈

Growing discovery — still being found

24 → 23 → 11 → 27 → 18 new funds/Q
New funds entering each quarter: 23 → 11 → 27 → 18. A growing number of institutions are discovering CSAN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 47% veterans vs 38% newcomers

■ 47% veterans ■ 15% 1-2yr ■ 38% new
Entry-cohort mix of 72 holders: 34 (47%) are 2+ year veterans, 11 entered 1–2 years ago, and 27 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
19 of 72 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CSAN

In 2026 Q1, 41 hedge funds were net buyers of CSAN (18 opened a new position, 23 added to an existing one), while 45 reduced or exited (22 trimmed, 23 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 22% of total institutional value in CSAN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 72.

Hedge Fund Ownership: CSAN

How many hedge funds hold CSAN — quarterly history vs. share price
Quarterly hedge fund ownership of CSAN vs. share price

Market Analysis: CSAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CSAN

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: CSAN
64 + Investors

Track Smart Money conviction in CSAN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 64 73 -12.33%
13F Shares 16M 19M -14.63%
Total Value $46M $76M -39.74%
New Positions 18 18 -
Increased Positions 13 23 -10
Closed Positions 27 22 +5
Reduced Positions 20 23 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CSAN

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Valuation Measures Data as of: --

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Financial Highlights

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Institutional Holders (2026 Q2)

64 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CSAN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CSAN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Monaco Asset Management SAM 0.84% 3,665,444 $10.6M
2 Aquamarine Financial (Cayman) Ltd 0.33% 2,096,904 $6.0M
3 Naman Capital Ltda 0.24% 271,941 $783K
4 Barometer Capital Management INC. 0.17% 214,000 $616K
5 BTG Pactual Asset Management US LLC 0.04% 247,680 $713K
6 Privium Fund Management B.V. 0.03% 52,000 $150K
7 Massar Capital Management, LP 0.02% 85,068 $245K
8 Alpine Global Management, LLC 0.02% 50,000 $144K
9 R Squared Ltd 0.02% 14,193 $41K
10 Stelac Advisory Services LLC 0.02% 38,022 $110K
11 Pekin Hardy Strauss, Inc. 0.01% 59,000 $170K
12 Renaissance Technologies LLC 0.01% 2,799,382 $8.1M
13 XTX Topco Ltd 0.01% 211,497 $609K
14 Capital Asset Advisory Services LLC 0.01% 72,345 $208K
15 Sollinda Capital Management LLC 0.01% 10,900 $31K
16 Axxcess Wealth Management, LLC 0.00% 50,220 $145K
17 Marshall Wace, LLP 0.00% 674,857 $1.9M
18 Key Capital Management, INC 0.00% 1,000 $3K
19 NLB Skladi, upravljanje premozenja, d.o.o. 0.00% 10,579 $30K
20 Vident Advisory, LLC 0.00% 53,454 $154K
21 UBS Group AG 0.00% 3,030,378 $8.7M
22 Aquatic Capital Management LLC 0.00% 10,410 $30K
23 GAMMA Investing LLC 0.00% 7,281 $21K
24 Hrt Financial LP 0.00% 108,919 $313K
25 Schonfeld Strategic Advisors LLC 0.00% 47,188 $136K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cosan S A (CSAN)

What does the Smart Money Trend signal show for CSAN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CSAN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CSAN?

More sellers than buyers — 48% buying: Last quarter: 45 funds reduced or exited vs 41 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CSAN holders?

Strong quality — 22% AUM from major funds: 19 of 72 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CSAN?

Mixed — 39% long-term, 36% new: Of the 72 current holders: 28 (39%) held >2 years, 18 held 1–2 years, and 26 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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