Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ultrapar Participacoes SA (UGP)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +20
Streak
3Q ▲
Buyers last Q
54%

Smart Money Signals — UGP

Based on 175 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added UGP 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
175 hedge funds hold UGP 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 — +40% more funds vs a year ago

fund count last 6Q
+50 new funds entered over the past year (+40% 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.
🟡

Slight buying edge — 54% buying

97 buying82 selling
Last quarter: 97 funds bought or added vs 82 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new UGP position: 21 → 37 → 34 → 45. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 18% medium ■ 30% new
91 out of 175 hedge funds have held UGP 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.
📈

Growing discovery — still being found

23 → 21 → 37 → 34 → 45 new funds/Q
New funds entering each quarter: 21 → 37 → 34 → 45. A growing number of institutions are discovering UGP each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 31% newcomers

■ 62% veterans ■ 7% 1-2yr ■ 31% new
Entry-cohort mix of 175 holders: 108 (62%) are 2+ year veterans, 13 entered 1–2 years ago, and 54 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
38 of 175 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in UGP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — UGP

In 2026 Q2, 97 hedge funds were net buyers of UGP (45 opened a new position, 52 added to an existing one), while 82 reduced or exited (57 trimmed, 25 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 45% of total institutional value in UGP is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +20 funds (more new holders than closures). Total institutional holders: 175.

Hedge Fund Ownership: UGP

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

Market Analysis: UGP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UGP

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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.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: UGP
175 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 175 155 12.9%
13F Shares 56M 62M -9.05%
Total Value $278M $333M -16.59%
New Positions 45 34 +11
Increased Positions 52 68 -16
Closed Positions 25 21 +4
Reduced Positions 57 32 +25
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: UGP

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Institutional Holders (2026 Q2)

175 + investors

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

QUARTER:
Top 25 UGP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Naman Capital Ltda 11.39% 7,330,544 $36.8M
2 PharVision Advisers, LLC 1.96% 20,690 $104K
3 Parvin Asset Management, LLC 0.73% 185,650 $932K
4 Longfellow Investment Management Co LLC 0.48% 465,411 $2.3M
5 Integrated Quantitative Investments LLC 0.34% 411,256 $2.1M
6 Dorsey Wright & Associates 0.27% 315,874 $1.6M
7 Kapitalo Investimentos Ltda 0.25% 779,409 $3.9M
8 SPX Gestao de Recursos Ltda 0.21% 378,023 $1.9M
9 Burns Matteson Capital Management, LLC 0.15% 93,771 $471K
10 AdvisorShares Investments LLC 0.11% 188,536 $946K
11 VPR Management LLC 0.09% 46,700 $234K
12 Bingham Private Wealth, LLC 0.09% 25,859 $130K
13 Wallace Advisory Group, LLC 0.07% 14,275 $72K
14 West Family Investments, Inc. 0.05% 33,240 $167K
15 Personal Cfo Solutions, LLC 0.04% 51,980 $261K
16 R Squared Ltd 0.03% 11,922 $60K
17 Plan A Wealth LLC 0.03% 12,570 $63K
18 Qube Research & Technologies Ltd 0.03% 5,623,847 $28.2M
19 Compound Planning, Inc. 0.02% 168,433 $846K
20 Legacy Capital Group California, Inc. 0.02% 12,194 $61K
21 Wrapmanager Inc 0.02% 11,560 $58K
22 Blueshift Asset Management, LLC 0.02% 15,465 $78K
23 SmartHarvest Portfolios, LLC 0.02% 10,465 $53K
24 Engineers Gate Manager LP 0.02% 257,957 $1.3M
25 Advisors Preferred, LLC 0.02% 20,167 $102K
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 — Ultrapar Participacoes SA (UGP)

What does the Smart Money Trend signal show for UGP?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added UGP 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 UGP?

Slight buying edge — 54% buying: Last quarter: 97 funds bought or added vs 82 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for UGP holders?

Elite ownership — 45% AUM from top-100 funds: 38 of 175 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in UGP. 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 UGP?

52% of holders stayed for 2+ years: 91 out of 175 hedge funds have held UGP 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.

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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