Vault-13

COSAN S A CSANY

ADS · ADR · CUSIP 22113B103

Brazilian energy company

74 institutional holders -3 vs Q4 2025
18,737,59218.7m shares reported held*
$77.2mreported value*
16 new 25 added 21 reduced 19 sold out net sold ≈ $5.4m (-1.2m shares)

* 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 ($37.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.12.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 60Q4 22: 62Q1 23: 67Q2 23: 66Q3 23: 63Q4 23: 72Q1 24: 73Q2 24: 76Q3 24: 82Q4 24: 87Q1 25: 88Q2 25: 87Q3 25: 68Q4 25: 77Q1 26: 7474Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202260
Q4 202262
Q1 202367
Q2 202366
Q3 202363
Q4 202372
Q1 202473
Q2 202476
Q3 202482
Q4 202487
Q1 202588
Q2 202587
Q3 202568
Q4 202577
Q1 202674

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 24: 38 bought or addedQ2 24: 36 cut or sold outQ3 24: 40 bought or addedQ3 24: 34 cut or sold outQ3 24Q4 24: 52 bought or addedQ4 24: 42 cut or sold outQ1 25: 48 bought or addedQ1 25: 49 cut or sold outQ1 25Q2 25: 46 bought or addedQ2 25: 52 cut or sold outQ3 25: 34 bought or addedQ3 25: 53 cut or sold outQ3 25Q4 25: 38 bought or addedQ4 25: 44 cut or sold outQ1 26: 41 bought or addedQ1 26: 40 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243836
Q3 20244034
Q4 20245242
Q1 20254849
Q2 20254652
Q3 20253453
Q4 20253844
Q1 20264140

Biggest buyers

MARSHALL WACE, LLP Added +1,501,883+1.5m
TWO SIGMA INVESTMENTS, LP New +502,054+502.1k
CITADEL ADVISORS LLC New +390,158+390.2k
Monaco Asset Management SAM Added +330,000+330.0k
BTG Pactual Asset Management US LLC New +247,680+247.7k
MORGAN STANLEY Added +241,848+241.8k
D. E. Shaw & Co., Inc. New +216,527+216.5k
JANE STREET GROUP, LLC Added +167,343+167.3k
MATAURO, LLC New +166,237+166.2k
BAROMETER CAPITAL MANAGEMENT INC. Added +162,750+162.8k

Biggest sellers

UBS Group AG Reduced -2,629,354-2.6m
Balyasny Asset Management L.P. Reduced -732,063-732.1k
XTX Topco Ltd Reduced -351,378-351.4k
LMR Partners LLP Sold out -320,000-320.0k
Tejara Capital Ltd Reduced -289,750-289.8k
RENAISSANCE TECHNOLOGIES LLC Reduced -252,313-252.3k
HRT FINANCIAL LP Reduced -159,583-159.6k
MILLENNIUM MANAGEMENT LLC Reduced -115,524-115.5k
Optiver Holding B.V. Sold out -78,218-78.2k
BlackRock, Inc. Reduced -71,807-71.8k

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.

HolderStakeChangeShares Last filed
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% -15.3 pts 822.3m 2025-11-12
BlackRock, Inc. 13G · institution new · filed 2025-02-14 6.1% new 114.3m 2025-02-14

Insider purchases and sales in Q1 2026

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 Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 3,810,6693.8m $15.7m $15.7m 0.02% Reduced -252.3k -252,313
2 Monaco Asset Management SAM 4.37% of their portfolio Monaco, O9 3,334,8133.3m $13.7m $13.7m 4.37% Added +330.0k +330,000
3 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 2,370,8102.4m $9.8m $9.8m 0.01% Added +1.5m +1,501,883
4 Aquamarine Financial (Cayman) Ltd 0.63% of their portfolio Grand Cayman, E9 2,096,9042.1m $8.6m $8.6m 0.63% Unchanged
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,347,3201.3m $5.6m $5.6m 0.00% Added +241.8k +241,848
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 863,438863.4k $3.6m $3.6m 0.00% Reduced -2.6m -2,629,354
7 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 596,565596.6k $2.5m $2.5m 0.00% Added +167.3k +167,343
8 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 502,054502.1k $2.1m $2.1m 0.00% New
9 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 390,158390.2k $1.6m $1.6m 0.00% New
10 Massar Capital Management, LP 0.25% of their portfolio STAMFORD, CT 300,172300.2k $1.2m $1.2m 0.25% Unchanged
11 Naman Capital Ltda 0.31% of their portfolio Sao Paulo, D5 271,941271.9k $1.1m $1.1m 0.31% Unchanged
12 BTG Pactual Asset Management US LLC 0.10% of their portfolio NEW YORK, NY 247,680247.7k $1.0m $1.0m 0.10% New
13 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 237,344237.3k $977.9k $977.9k 0.02% Reduced -351.4k -351,378
14 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 216,527216.5k $892.1k $892.1k 0.00% New
15 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 196,491196.5k $810.0k $810.0k 0.00% Added +7.7k +7,739
16 Patriot Financial Group Insurance Agency, LLC 0.04% of their portfolio Westborough, MA 176,680176.7k $727.9k $727.9k 0.04% Added +94.6k +94,605
17 BAROMETER CAPITAL MANAGEMENT INC. 0.24% of their portfolio TORONTO, A6 171,600171.6k $707.0k $707.0k 0.24% Added +162.8k +162,750
18 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 171,442171.4k $706.3k $706.3k 0.00% Reduced -115.5k -115,524
19 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 169,858169.9k $699.8k $699.8k 0.00% Added +1.9k +1,862
20 MATAURO, LLC 0.10% of their portfolio NEW YORK, NY 166,237166.2k $684.9k $684.9k 0.10% New
21 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 110,475110.5k $455.2k $455.2k 0.00% First filing
22 Marex Group Ltd 0.00% of their portfolio London, X0 100,001100.0k $412.0k $412.0k 0.00% Reduced -20.0k -19,999
23 Virtu Financial LLC 0.01% of their portfolio New York, NY 79,01879.0k $326.0k $326.0k 0.01% Added +22.2k +22,204
24 BlackRock, Inc. 0.00% of their portfolio New York, NY 67,86267.9k $279.6k $279.6k 0.00% Reduced -71.8k -71,807
25 Pekin Hardy Strauss, Inc. 0.03% of their portfolio CHICAGO, IL 65,00065.0k $267.8k $267.8k 0.03% Unchanged
26 Tejara Capital Ltd 0.08% of their portfolio London, X0 61,25061.2k $252.3k $252.3k 0.08% Reduced -289.8k -289,750
27 AXQ CAPITAL, LP 0.03% of their portfolio JERSEY CITY, NJ 53,42653.4k $220.1k $220.1k 0.03% New
28 Alpine Global Management, LLC 0.03% of their portfolio NEW YORK, NY 50,00050.0k $206.0k $206.0k 0.03% Reduced -44.9k -44,885
29 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 44,76644.8k $184.4k $184.4k 0.00% New
30 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 44,52944.5k $183.5k $183.5k 0.00% Reduced -732.1k -732,063
31 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 40,41840.4k $166.5k $166.5k 0.00% Added +418 +418
32 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 39,11339.1k $161.1k $161.1k 0.01% New
33 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 36,91636.9k $152.1k $152.1k 0.00% Added +25.6k +25,649
34 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 36,90736.9k $152.1k $152.1k 0.00% Added +21.0k +21,032
35 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 25,47325.5k $105.0k $105.0k 0.00% New
36 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 22,07622.1k $91.0k $91.0k 0.00% Added +4.4k +4,444
37 W1M Asset Management Ltd 0.00% of their portfolio London, X0 20,00020.0k $82.7k $82.7k 0.00% Unchanged
38 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 18,30018.3k $75.4k $75.4k 0.00% Added +8.5k +8,483
39 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 16,11416.1k $66.4k $66.4k 0.01% Reduced -31.0k -30,995
40 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 14,88014.9k $61.3k $61.3k 0.00% Added +3.7k +3,681
41 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 14,16814.2k $58.0k $58.0k 0.00% Reduced -159.6k -159,583
42 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 14,00014.0k $57.8k $57.8k 0.00% Reduced -3.5k -3,500
43 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 13,75413.8k $56.7k $56.7k 0.00% Reduced -19.8k -19,783
44 Sollinda Capital Management LLC 0.01% of their portfolio HICKORY, NC 13,40013.4k $55.2k $55.2k 0.01% New
45 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 12,85412.9k $53.0k $53.0k 0.00% Added +12.7k +12,749
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,38912.4k $51.0k $51.0k 0.00% Added +12.0k +12,021
47 SmartHarvest Portfolios, LLC 0.02% of their portfolio SEATTLE, WA 11,07511.1k $45.6k $45.6k 0.02% New
48 NLB Skladi, upravljanje premozenja, d.o.o. 0.00% of their portfolio Ljubljana, 2A 10,57910.6k $43.6k $43.6k 0.00% Added +579 +579
49 Scientech Research LLC 0.04% of their portfolio JERSEY CITY, NJ 10,47510.5k $43.2k $43.2k 0.04% New
50 DRIVE WEALTH MANAGEMENT, LLC 0.01% of their portfolio LEHI, UT 10,42910.4k $43.0k $43.0k 0.01% New
51 FMR LLC 0.00% of their portfolio BOSTON, MA 6,9977.0k $28.8k $28.8k 0.00% Added +3.2k +3,191
52 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,5785.6k $23.0k $23.0k 0.00% Reduced -5.9k -5,923
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,5314.5k $17.4k $17.4k 0.00% Added +4.3k +4,343
54 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 4,0984.1k $16.9k $16.9k 0.00% Reduced -4.9k -4,856
55 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 3,8253.8k $15.8k $15.8k 0.00% Reduced -1.2k -1,165
56 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 2,6772.7k $11.0k $11.0k 0.00% Added +1.2k +1,153
57 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,6512.7k $10.9k $10.9k 0.00% Added +970 +970
58 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,8461.8k $7.6k $7.6k 0.00% Reduced -301 -301
59 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 1,0771.1k $4.4k $4.4k 0.00% Reduced -6.0k -6,042
60 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,0001.0k $4.2k $4.2k 0.00% Added +399 +399
61 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 686686 $2.8k $2.8k 0.00% Unchanged
62 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 609609 $2.5k $2.5k 0.00% Unchanged
63 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 588588 $2.4k $2.4k 0.00% Reduced -1.1k -1,091
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 403403 $1.7k $1.7k 0.00% Unchanged
65 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 377377 $1.6k $1.6k 0.00% Added +164 +164
66 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 230230 $948 $948 0.00% Reduced -276 -276
67 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 224224 $923 $923 0.00% Added +109 +109
68 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 200200 $824 $824 0.00% Unchanged
69 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 196196 $753 $753 0.00% Reduced -1.4k -1,356
70 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 129129 $531 $531 0.00% Unchanged
71 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 118118 $487 $487 0.00% New
72 Cornerstone Financial Management LLC 0.00% of their portfolio BURLINGTON, MA 118118 $486 $486 0.00% Unchanged
73 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 110110 $453 $453 0.00% New
74 Stone House Investment Management, LLC 0.00% of their portfolio TUNKHANNOCK, PA 1717 $70 $70 0.00% New