COSAN S A CSANY
ADS · ADR · CUSIP 22113B103
Brazilian energy company
- SectorConsumer discretionary
- IndustryRetail-Auto Dealers & Gasoline Stations
- HeadquartersSão Paulo, Brazil
- Founded1936
- Websitecosan.com.br
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.05. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 60 |
| Q4 2022 | 62 |
| Q1 2023 | 67 |
| Q2 2023 | 66 |
| Q3 2023 | 63 |
| Q4 2023 | 72 |
| Q1 2024 | 73 |
| Q2 2024 | 76 |
| Q3 2024 | 82 |
| Q4 2024 | 87 |
| Q1 2025 | 88 |
| Q2 2025 | 87 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 27 | 25 |
| Q4 2023 | 37 | 26 |
| Q1 2024 | 35 | 37 |
| Q2 2024 | 38 | 36 |
| Q3 2024 | 40 | 34 |
| Q4 2024 | 52 | 42 |
| Q1 2025 | 48 | 49 |
| Q2 2025 | 46 | 52 |
Biggest buyers
| UBS Group AG | Added | +1.3m |
| ACADIAN ASSET MANAGEMENT LLC | New | +603.9k |
| MORGAN STANLEY | Added | +599.4k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +250.7k |
| GOLDMAN SACHS GROUP INC | Added | +163.5k |
| ROYAL BANK OF CANADA | Added | +158.2k |
| MARSHALL WACE, LLP | Added | +112.2k |
| Kapitalo Investimentos Ltda | New | +110.1k |
| Y-Intercept (Hong Kong) Ltd | New | +95.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +94.4k |
Biggest sellers
| MARTIN CURRIE LTD | Sold out | -1.4m |
| MOON CAPITAL MANAGEMENT LP | Reduced | -779.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -551.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -405.4k |
| BlackRock, Inc. | Reduced | -320.6k |
| D. E. Shaw & Co., Inc. | Reduced | -258.9k |
| BTG Pactual Asset Management US LLC | Sold out | -247.7k |
| Qube Research & Technologies Ltd | Sold out | -230.6k |
| Walleye Capital LLC | Sold out | -170.5k |
| Verition Fund Management LLC | Reduced | -113.6k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Queluz Holdings Ltd.
13D · may seek influence
-15.3 pts · filed 2025-11-12
Stated purposeItem 4 of the original statement on Schedule 13D is amended and restated to read as follows: The Shares to which this Statement relates were acquired by the Reporting Persons with the purpose of investing in the Issuer's securities. The Shares subscribed for by New Holding as part of the transactions described in Item 3 were acquired with the purpose of investing in the Issuer's securities. Mr. Mello is the chairman of the board of the directors of the Issuer and the controlling shareholder of each of Queluz, AS Investimentos, AS Negocios and Rio das Pedras. Each of the Shares entitles its holder to one vote. Mr. Mello controls 20.7% of the Issuer's issued and outstanding share capital and voting power by virtue of his beneficial ownership and control of 822,312,930 of the Issuer's Share… Full filing |
20.7% |
| BlackRock, Inc. 13G · institution new · filed 2025-02-14 | 6.1% |
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 4.7m $23.7m | Added +250.7k |
| UBS Group AG 0.00% of their portfolio | 2.4m $12.3m | Added +1.3m |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $5.7m | Added +599.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 603.9k $3.0m | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 410.2k $2.1m | Reduced -5.8k |
| BlackRock, Inc. 0.00% of their portfolio | 375.8k $1.9m | Reduced -320.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 356.4k $1.8m | Added +158.2k |
| MOON CAPITAL MANAGEMENT LP 1.24% of their portfolio | 322.1k $1.6m | Reduced -779.3k |
| Naman Capital Ltda 0.45% of their portfolio | 271.9k $1.4m | Unchanged |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 261.0k $1.3m | Reduced -100.3k |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 250.5k $1.3m | Reduced -56.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 212.8k $1.1m | Added +163.5k |
| Trexquant Investment LP 0.01% of their portfolio | 181.2k $914.9k | Added +9.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 151.1k $763.1k | Added +94.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 145.5k $735.0k | Reduced -551.8k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 133.9k $676.4k | Added +112.2k |
| Engineers Gate Manager LP 0.01% of their portfolio | 129.0k $651.4k | Added +17.8k |
| Jain Global LLC 0.01% of their portfolio | 120.8k $610.3k | Added +93.7k |
| Kapitalo Investimentos Ltda 0.12% of their portfolio | 110.1k $556.0k | New |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 105.3k $532.0k | Added +4.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 96.0k $484.8k | Added +3.9k |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 95.1k $480.2k | New |
| Graham Capital Management, L.P. 0.01% of their portfolio | 88.9k $448.8k | Reduced -7.5k |
| Mariner, LLC 0.00% of their portfolio | 80.3k $405.3k | Added +30.3k |
| BAROMETER CAPITAL MANAGEMENT INC. 0.10% of their portfolio | 68.5k $345.9k | Added +42.0k |
| HRT FINANCIAL LP 0.00% of their portfolio | 64.7k $326.0k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 56.6k $285.6k | New |
| Virtu Financial LLC 0.01% of their portfolio | 53.0k $267.0k | Added +21.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 46.8k $236.5k | Added +45.8k |
| Creative Planning 0.00% of their portfolio | 45.9k $231.9k | Reduced -49.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 45.5k $229.6k | Reduced -72.2k |
| Clear Harbor Asset Management, LLC 0.02% of their portfolio | 44.5k $224.7k | Added +5.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 34.5k $174.1k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 33.4k $168.5k | Reduced -405.4k |
| Virtus Investment Advisers, LLC 0.06% of their portfolio | 32.5k $164.1k | Added +5.8k |
| Vise Technologies, Inc. 0.01% of their portfolio | 28.5k $143.8k | First filing |
| Squarepoint Ops LLC 0.00% of their portfolio | 28.3k $143.2k | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 25.9k $130.7k | Reduced -258.9k |
| Vident Advisory, LLC 0.00% of their portfolio | 21.9k $110.4k | Reduced -29.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 21.6k $108.9k | New |
| Pathstone Holdings, LLC 0.00% of their portfolio | 20.4k $103.1k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 20.0k $101.2k | Reduced -2.6k |
| VPR Management LLC 0.05% of their portfolio | 19.1k $96.4k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 17.0k $85.9k | Reduced -11.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 16.7k $84.2k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 15.9k $80.2k | Reduced -113.6k |
| Savant Capital, LLC 0.00% of their portfolio | 15.3k $77.4k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 15.1k $76.1k | Reduced -312 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 14.5k $73.1k | Reduced -13.4k |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 14.1k $71.2k | Reduced -6.8k |
| Ballentine Partners, LLC 0.00% of their portfolio | 12.6k $63.6k | New |
| FMR LLC 0.00% of their portfolio | 12.4k $62.4k | Added +1.2k |
| HighTower Advisors, LLC 0.00% of their portfolio | 11.5k $58.2k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 10.1k $51.1k | Added +736 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 6.2k $31.1k | Reduced -2.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 4.8k $24.1k | Added +4.0k |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 3.8k $19.4k | Added +238 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 3.7k $18.5k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 3.0k $15.0k | Added +2.0k |
| GAMMA Investing LLC 0.00% of their portfolio | 2.4k $11.9k | Added +1.3k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.9k $9.6k | Reduced -4.6k |
| US BANCORP \DE\ 0.00% of their portfolio | 1.6k $8.3k | Reduced -2.0k |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 1.5k $7.0k | Unchanged |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 1.3k $6.5k | New |
| Parallel Advisors, LLC 0.00% of their portfolio | 1.2k $6.0k | Reduced -1.3k |
| Brooklyn Investment Group 0.00% of their portfolio | 1.0k $5.2k | Reduced -1.6k |
| Perritt Capital Management Inc 0.00% of their portfolio | 970 $4.9k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 791 $4.0k | Reduced -107 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 686 $3.5k | New |
| MAI Capital Management 0.00% of their portfolio | 661 $3.3k | New |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 609 $3.1k | Unchanged |
| SIERRA OCEAN, LLC 0.00% of their portfolio | 401 $2.0k | New |
| Itau Unibanco Holding S.A. 0.00% of their portfolio | 396 $2.0k | Reduced -41.9k |
| BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio | 338 $1.7k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 308 $2.0k | Reduced -2.5k |
| Physician Wealth Advisors, Inc. 0.00% of their portfolio | 269 $1.4k | New |
| JFS WEALTH ADVISORS, LLC 0.00% of their portfolio | 200 $1.0k | New |
| Larson Financial Group LLC 0.00% of their portfolio | 165 $833 | New |
| Prestige Wealth Management Group LLC 0.00% of their portfolio | 156 $788 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 141 $712 | Unchanged |
| HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio | 136 $1.0k | Reduced -903 |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 129 $651 | Reduced -129 |
| Blue Trust, Inc. 0.00% of their portfolio | 105 $530 | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 65 $328 | Reduced -6.3k |
| ASSETMARK, INC 0.00% of their portfolio | 43 $217 | New |
| CITIGROUP INC 0.00% of their portfolio | 1 $5 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |