Who owns UGP
Which tracked institutional funds hold UGP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See UGP company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
18 tracked funds added or opened UGP while 25 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
UGP’s largest tracked holder by dollar value, Naman Capital Ltda, sizes it at 11.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 11.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in UGP divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 172 tracked filers holding UGP, 93 increased or opened the position and 86 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in UGP between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 8
- Trexquant Investment LP$2M
- Integrated Quantitative Investments LLC$2M
- Dorsey Wright & Associates$2M
- BALYASNY ASSET MANAGEMENT L.P.$1M
- LPL Financial LLC$1M
- AdvisorShares Investments LLC$946K
Full exits 4
- BANK OF MONTREAL /CAN/$2M
- Banque Cantonale Vaudoise$2M
- Legal & General Group Plc$746K
- TD Waterhouse Canada Inc.$559K
Largest adds
- Qube Research & Technologies Ltd$15M
- MARSHALL WACE, LLP$6M
- BlackRock, Inc.$6M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$4M
- JANE STREET GROUP, LLC$3M
- ENVESTNET ASSET MANAGEMENT INC$2M
Largest trims
- Naman Capital Ltda$27M
- GOLDMAN SACHS GROUP INC$24M
- RENAISSANCE TECHNOLOGIES LLC$9M
- UBS Group AG$8M
- BANK OF AMERICA CORP /DE/$7M
- MILLENNIUM MANAGEMENT LLC$6M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Naman Capital Ltda trimmed | 7,330,544 | $37M | 13.4% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 5,623,847 | $28M | 10.3% | 2026-Q2 |
| BlackRock, Inc. added | 5,578,601 | $28M | 10.2% | 2026-Q2 |
| MORGAN STANLEY added | 4,888,789 | $25M | 9.0% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 4,044,297 | $20M | 7.4% | 2026-Q2 |
| MARSHALL WACE, LLP added | 3,193,062 | $16M | 5.9% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 2,237,585 | $11M | 4.1% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 1,954,795 | $10M | 3.6% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,779,378 | $9M | 3.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 1,354,416 | $7M | 2.5% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 844,993 | $4M | 1.5% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 802,011 | $4M | 1.5% | 2026-Q2 |
| Kapitalo Investimentos Ltda trimmed | 779,409 | $4M | 1.4% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 611,673 | $3M | 1.1% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 586,328 | $3M | 1.1% | 2026-Q2 |
| UBS Group AG trimmed | 569,124 | $3M | 1.0% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 504,999 | $3M | 0.9% | 2026-Q2 |
| Invesco Ltd. trimmed | 485,891 | $2M | 0.9% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 474,871 | $2M | 0.9% | 2026-Q2 |
| Optiver Holding B.V. added | 468,922 | $2M | 0.9% | 2026-Q2 |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC trimmed | 465,411 | $2M | 0.9% | 2026-Q2 |
| Trexquant Investment LP new | 442,955 | $2M | 0.8% | 2026-Q2 |
| Integrated Quantitative Investments LLC new | 411,256 | $2M | 0.8% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 407,514 | $2M | 0.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 379,739 | $2M | 0.7% | 2026-Q2 |
| SPX Gestao de Recursos Ltda trimmed | 378,023 | $2M | 0.7% | 2026-Q2 |
| Creative Planning trimmed | 364,504 | $2M | 0.7% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 360,153 | $2M | 0.7% | 2026-Q2 |
| Dorsey Wright & Associates new | 315,874 | $2M | 0.6% | 2026-Q2 |
| Vident Advisory, LLC added | 312,803 | $2M | 0.6% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 310,324 | $2M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 281,178 | $1M | 0.5% | 2026-Q2 |
| Engineers Gate Manager LP added | 257,957 | $1M | 0.5% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 254,518 | $1M | 0.5% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 249,279 | $1M | 0.5% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 245,743 | $1M | 0.5% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 232,993 | $1M | 0.4% | 2026-Q2 |
| STATE STREET CORP trimmed | 228,237 | $1M | 0.4% | 2026-Q2 |
| LPL Financial LLC new | 221,598 | $1M | 0.4% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT trimmed | 194,668 | $977K | 0.4% | 2026-Q2 |
| Bleakley Financial Group, LLC trimmed | 192,502 | $966K | 0.4% | 2026-Q2 |
| AdvisorShares Investments LLC new | 188,536 | $946K | 0.3% | 2026-Q2 |
| Parvin Asset Management, LLC trimmed | 185,650 | $932K | 0.3% | 2026-Q2 |
| Sanctuary Advisors, LLC new | 180,147 | $904K | 0.3% | 2026-Q2 |
| Compound Planning, Inc. added | 168,433 | $846K | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 161,267 | $810K | 0.3% | 2026-Q2 |
| Walleye Capital LLC trimmed | 125,296 | $629K | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 119,230 | $599K | 0.2% | 2026-Q2 |
| Vanguard Personalized Indexing Management, LLC added | 118,010 | $592K | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP new | 116,884 | $587K | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 116,369 | $584K | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 101,840 | $511K | 0.2% | 2026-Q2 |
| Laird Norton Wetherby Trust Company, LLC added | 98,562 | $495K | 0.2% | 2026-Q2 |
| Burns Matteson Capital Management, LLC new | 93,771 | $471K | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 78,025 | $392K | 0.1% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 76,972 | $386K | 0.1% | 2026-Q2 |
| Cerity Partners LLC trimmed | 76,918 | $386K | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 75,939 | $381K | 0.1% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 75,630 | $380K | 0.1% | 2026-Q2 |
| Nuveen, LLC new | 74,493 | $374K | 0.1% | 2026-Q2 |
| QRG CAPITAL MANAGEMENT, INC. trimmed | 73,296 | $368K | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. | 69,292 | $348K | 0.1% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. added | 68,805 | $345K | 0.1% | 2026-Q2 |
| Atria Investments, Inc new | 67,485 | $339K | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 64,610 | $324K | 0.1% | 2026-Q2 |
| Sequoia Financial Advisors, LLC trimmed | 64,525 | $324K | 0.1% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. added | 63,803 | $320K | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 58,621 | $294K | 0.1% | 2026-Q2 |
| Cetera Investment Advisers added | 56,873 | $286K | 0.1% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ new | 56,042 | $246K | 0.1% | 2026-Q2 |
| Advisors Asset Management, Inc. trimmed | 52,302 | $263K | 0.1% | 2026-Q2 |
| PERSONAL CFO SOLUTIONS, LLC new | 51,980 | $261K | 0.1% | 2026-Q2 |
| Quantbot Technologies LP trimmed | 50,666 | $254K | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 49,986 | $251K | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 49,904 | $251K | 0.1% | 2026-Q2 |
| EntryPoint Capital, LLC added | 46,973 | $236K | 0.1% | 2026-Q2 |
| VPR Management LLC | 46,700 | $234K | 0.1% | 2026-Q2 |
| Centiva Capital, LP trimmed | 45,213 | $227K | 0.1% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 42,165 | $212K | 0.1% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 40,932 | $205K | 0.1% | 2026-Q2 |
| OXFORD ASSET MANAGEMENT LLP new | 38,860 | $195K | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 37,841 | $190K | 0.1% | 2026-Q2 |
| West Family Investments, Inc. | 33,240 | $167K | 0.1% | 2026-Q2 |
| SIGNATUREFD, LLC trimmed | 32,219 | $162K | 0.1% | 2026-Q2 |
| FMR LLC trimmed | 31,948 | $160K | 0.1% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 31,208 | $157K | 0.1% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 30,795 | $155K | 0.1% | 2026-Q2 |
| Axxion S.A. new | 30,000 | $151K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 29,113 | $146K | 0.1% | 2026-Q2 |
| Aprio Wealth Management, LLC trimmed | 28,817 | $145K | 0.1% | 2026-Q2 |
| PDS Planning, Inc | 28,286 | $142K | 0.1% | 2026-Q2 |
| Inspire Advisors, LLC trimmed | 26,431 | $132K | 0.0% | 2026-Q2 |
| BINGHAM PRIVATE WEALTH, LLC new | 25,859 | $130K | 0.0% | 2026-Q2 |
| Ethic Inc. trimmed | 25,649 | $129K | 0.0% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 24,325 | $122K | 0.0% | 2026-Q2 |
| Blue Trust, Inc. trimmed | 23,756 | $119K | 0.0% | 2026-Q2 |
| Parallel Advisors, LLC trimmed | 23,617 | $119K | 0.0% | 2026-Q2 |
| PROFUND ADVISORS LLC trimmed | 22,576 | $113K | 0.0% | 2026-Q2 |
| Ausdal Financial Partners, Inc. trimmed | 22,023 | $111K | 0.0% | 2026-Q2 |
| Beaumont Financial Advisors, LLC | 20,863 | $105K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.