SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP · Utilities · Regulated Water
Momentum inputs (comparable managers):
holder breadth -20.0% ·
share flow -4.6% ·
net new positions -20.0%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 95 | +13 | 254.20M | $1.52B | +15 | −2 |
| Q1 2026 | 83 | +2 | 49.65M | $1.51B | +7 | −5 |
| Q4 2025 | 80 | -3 | 46.44M | $1.11B | — | −3 |
| Q3 2025 | 17 | +6 | 11.84M | $294.74M | +6 | — |
| Q2 2025 | 8 | -2 | 8.43M | $185.23M | — | −2 |
| Q1 2025 | 7 | -2 | 2.94M | $52.45M | — | −2 |
| Q4 2024 | 9 | -1 | 4.03M | $57.77M | +1 | −2 |
| Q3 2024 | 9 | 0 | 4.23M | $52.13M | +1 | −1 |
| Q2 2024 | 9 | — | 4.09M | $55.00M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 3.65M | — | $80.25M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | BlackRock ✦ (passive) | 3.65M | — | $80.25M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | BlackRock ✦ (passive) | 3.65M | — | $80.25M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 3.65M | — | $80.25M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | BlackRock ✦ (passive) | 3.65M | — | $80.25M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | The Vanguard Group ✦ (passive) | 2.08M | — | $45.63M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | The Vanguard Group ✦ (passive) | 2.08M | — | $45.63M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | The Vanguard Group ✦ (passive) | 2.08M | — | $45.63M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | Renaissance Technologies ✦ | 1.93M | +7.8% | $42.33M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 10 | State Street Global Advisors ✦ (passive) | 481.18K | -1.5% | $10.57M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 11 | Fidelity (FMR) ✦ | 171.28K | — | $3.76M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | Fidelity (FMR) ✦ | 171.28K | — | $3.76M | 0.0% | n/c | 1 | SEC ↗ |
| 13 | Arrowstreet Capital ✦ | 68.28K | -81.9% | $1.50M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 14 | Geode Capital Management ✦ (passive) | 27.13K | -4.4% | $596,002 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 15 | AQR Capital Management ✦ | 26.75K | -19.9% | $587,631 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 16 | AQR Capital Management ✦ | 26.75K | -19.9% | $587,631 | 0.0% | ▼ Trim | 5 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Millennium Management | $2.89M | was 0.0% |
| Citadel Advisors | $1.08M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 246 holders, 71.30M shares, $2.14B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.