Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Companhia de Saneamento Basi (SBS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +19
Streak
5Q ▲
Buyers last Q
63%

Smart Money Signals — SBS

Based on 244 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
244 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 — +28% more funds vs a year ago

fund count last 6Q
+53 new funds entered over the past year (+28% 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

164 buying98 selling
Last quarter: 164 funds were net buyers (46 opened a brand new position + 118 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 — ~46 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 33 → 41 → 43 → 46. 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
139 out of 244 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 +5% — price-driven

Value
+31%
Shares
+4%
Last quarter: the total dollar value of institutional holdings rose +31%, but actual share count only changed +5%. 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 → 33 → 41 → 43 → 46 new funds/Q
New funds entering each quarter: 33 → 41 → 43 → 46. A growing number of institutions are discovering SBS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 61% of holders stayed 2+ years

■ 61% veterans ■ 11% 1-2yr ■ 28% new
Of 245 current holders: 149 (61%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
43 of 244 holders are among the 100 largest funds by AUM, controlling 40% 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.

Institutional Sentiment Summary — SBS

In 2026 Q1, 164 hedge funds were net buyers of SBS (46 opened a new position, 118 added to an existing one), while 98 reduced or exited (71 trimmed, 27 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 40% of total institutional value in SBS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +19 funds (more new holders than closures). Total institutional holders: 244.

Hedge Fund Ownership: SBS

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

Market Analysis: SBS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SBS

-- --

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

Is It Too Late to Buy Companhia de Saneamento Basi (SBS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SBS has moved relative to its sector benchmark (XLU) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
SBS
-9.0%
XLU
-1.0%

SBS outperformed XLU by -8.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
SBS
-3.0%
XLU
+93.9%

Since the filing became public, SBS outperformed XLU by -96.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 0 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: SBS
244 + Investors

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

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

Statistics: SBS

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

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:
Top 25 SBS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ativo Capital Management LLC 1.74% 65,492 $2.0M
2 Impax Asset Management Group plc 1.43% 6,742,360 $205.7M
3 Point Nemo Capital, LLC 1.24% 61,786 $1.9M
4 Letko, Brosseau & Associates Inc 1.15% 2,348,569 $71.7M
5 Manning & Napier Advisors LLC 1.13% 2,626,012 $80.1M
6 Kapitalo Investimentos Ltda 0.97% 168,403 $5.1M
7 Lifestyle Asset Management, Inc. 0.79% 78,908 $2.4M
8 Perpetual Ltd 0.59% 1,264,310 $38.6M
9 Duff & Phelps Investment Management Co 0.46% 1,447,185 $44.2M
10 SPX Gestao de Recursos Ltda 0.45% 177,950 $5.4M
11 Sanchez Gaunt Capital Management, LLC 0.44% 22,854 $698K
12 BTG Pactual Asset Management US LLC 0.42% 159,201 $4.9M
13 VPR Management LLC 0.36% 29,551 $902K
14 Larry Mathis Financial Planning, LLC 0.27% 9,788 $299K
15 Maryland State Retirement & Pension System 0.26% 425,215 $13.0M
16 Stirlingshire Investments, Inc. 0.25% 9,127 $280K
17 First Affirmative Financial Network 0.21% 18,084 $450K
18 Itau Unibanco Holding S.A. 0.20% 351,501 $8.4M
19 Qtron Investments LLC 0.18% 44,280 $1.4M
20 Key FInancial Inc 0.18% 32,825 $1.0M
21 Royal London Asset Management Ltd 0.17% 2,656,532 $81.1M
22 Measured Wealth Private Client Group, LLC 0.16% 19,339 $590K
23 Strs Ohio 0.15% 1,230,381 $37.5M
24 Wcm Investment Management, LLC 0.15% 2,198,987 $64.7M
25 Schwartz Investment Counsel Inc 0.14% 125,925 $3.8M
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: 164 funds were net buyers (46 opened a brand new position + 118 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 — 40% AUM from top-100 funds: 43 of 244 holders are among the 100 largest funds by AUM, controlling 40% 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: 139 out of 244 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.

Is it too late to buy Companhia de Saneamento Basi (SBS) following the 2026 Q1 hedge fund 13F filings?

As of today, SBS has moved -3.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +93.9% for the XLU sector ETF — an outperformance of -96.9%. Since the quarter end (March 31, 2026), SBS has gained -9.0% vs -1.0% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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