SBS Hedge Fund Ownership (Q1 2026)

Companhia de Saneamento Basi (SBS)

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

Smart Money Signals — SBS

Based on 246 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q

For 5 consecutive quarters, more hedge funds added SBS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

246 hedge funds hold SBS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +29% more funds vs a year ago

fund count last 6Q

+55 new funds entered over the past year (+29% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 63% buying

166 buying98 selling

Last quarter: 166 funds were net buyers (47 opened a brand new position + 119 added to an existing one). Only 98 were sellers (71 trimmed + 27 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~47 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 34 → 41 → 43 → 47. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 20% medium ■ 23% new

140 out of 246 hedge funds have held SBS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Value +31% but shares only +4% — price-driven

Value

+31%

+4%

Last quarter: the total dollar value of institutional holdings rose +31%, but actual share count only changed +4%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

37 → 34 → 41 → 43 → 47 new funds/Q

New funds entering each quarter: 34 → 41 → 43 → 47. A growing number of institutions are discovering SBS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 61% veterans vs 28% newcomers

■ 61% veterans ■ 11% 1-2yr ■ 28% new

Entry-cohort mix of 247 holders: 150 (61%) are 2+ year veterans, 27 entered 1–2 years ago, and 70 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds

41 of 246 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in SBS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.9

out of 10

Low Exit Risk

Exit risk score 3.9/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	244	225	8.44%
13F Shares	71M	68M	4.52%
Total Value	$2.14B	$1.63B	31.39%
New Positions	46	43	+3
Increased Positions	118	116	+2
Closed Positions	27	29	-2
Reduced Positions	71	57	+14
Total Calls	1	1	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

244

225

8.44%

13F Shares

71M

68M

4.52%

Total Value

$2.14B

$1.63B

31.39%

New Positions

Increased Positions

118

116

Closed Positions

-2

Reduced Positions

+14

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

244 + investors

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

QUARTER:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 SBS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Impax Asset Management Group plc	1.97%	52,324,409	$302.4M
2	Ativo Capital Management LLC	1.45%	327,423	$1.9M
3	Letko, Brosseau & Associates Inc	1.03%	12,114,373	$70.0M
4	Point Nemo Capital, LLC	0.98%	333,298	$1.9M
5	Wexford Capital LP	0.95%	1,284,315	$7.4M
6	Lifestyle Asset Management, Inc.	0.62%	401,521	$2.3M
7	Perpetual Ltd	0.52%	6,323,632	$36.6M
8	Northwest & Ethical Investments L.P.	0.48%	3,570,566	$20.6M
9	Itau Unibanco Holding S.A.	0.48%	4,381,272	$25.0M
10	Barometer Capital Management INC.	0.45%	278,250	$1.6M
11	Sanchez Gaunt Capital Management, LLC	0.38%	116,701	$675K
12	Duff & Phelps Investment Management Co	0.35%	6,400,937	$37.0M
13	VPR Management LLC	0.34%	147,885	$855K
14	Boston Common Asset Management, LLC	0.33%	968,896	$5.6M
15	BTG Pactual Asset Management US LLC	0.30%	827,173	$4.8M
16	Maryland State Retirement & Pension System	0.29%	2,880,797	$16.7M
17	SPX Gestao de Recursos Ltda	0.23%	352,413	$2.0M
18	Royal London Asset Management Ltd	0.22%	20,552,459	$118.8M
19	Stirlingshire Investments, Inc.	0.19%	44,921	$260K
20	Wcm Investment Management, LLC	0.17%	15,916,320	$92.5M
21	ELCO Management Co., LLC	0.14%	55,708	$322K
22	Measured Wealth Private Client Group, LLC	0.14%	98,299	$568K
23	Generali Investments CEE, investicni spolecnost, a.s.	0.13%	474,410	$2.7M
24	Strs Ohio	0.12%	5,711,948	$33.0M
25	Schwartz Investment Counsel Inc	0.12%	630,635	$3.6M

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 — Companhia de Saneamento Basi (SBS)

What does the Smart Money Trend signal show for SBS?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added SBS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SBS?

More buyers than sellers — 63% buying: Last quarter: 166 funds were net buyers (47 opened a brand new position + 119 added to an existing one). Only 98 were sellers (71 trimmed + 27 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SBS holders?

Elite ownership — 48% AUM from top-100 funds: 41 of 246 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in SBS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held SBS?

57% of holders stayed for 2+ years: 140 out of 246 hedge funds have held SBS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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.

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Companhia de Saneamento Basi (SBS)

Smart Money Signals — SBS

Buying streak — 5 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +29% more funds vs a year ago

More buyers than sellers — 63% buying

Steady new buyers — ~47 new funds per quarter

57% of holders stayed for 2+ years

Value +31% but shares only +4% — price-driven

Growing discovery — still being found

Veteran-anchored — 61% veterans vs 28% newcomers

Elite ownership — 48% AUM from top-100 funds

Institutional Sentiment Summary — SBS

Hedge Fund Ownership: SBS

Market Analysis: SBS

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SBS

Hedge Fund Positioning: SBS

Statistics: SBS

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Companhia de Saneamento Basi (SBS)

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