Vault-13

SENDAS DISTRIBUIDORA S A ASAIY

SPON ADS · ADR · CUSIP 81689T104

83 institutional holders +12 vs Q4 2022
17,548,09117.5m shares reported held*
$269.9mreported value*
23 new 21 added 24 reduced 11 sold out net bought ≈ $95.4m (+6.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $15.38. Options: 2 managers hold calls ($87.8k notional), 2 hold puts ($87.8k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 62Q4 22: 71Q1 23: 8383Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202262
Q4 202271
Q1 202383

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 39 bought or addedQ4 22: 29 cut or sold outQ4 22Q1 23: 44 bought or addedQ1 23: 35 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223929
Q1 20234435

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300k$400kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $378.2kQ4 22 puts: $18.3kQ4 22P/C 0.05Q1 23 calls: $87.8kQ1 23 puts: $87.8kQ1 23P/C 1.00
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$378.2k$18.3k0.05
Q1 2023$87.8k$87.8k1.00

Biggest buyers

Orbis Allan Gray Ltd Added +3,190,636+3.2m
Coronation Fund Managers Ltd. Added +2,049,321+2.0m
MILLENNIUM MANAGEMENT LLC New +412,504+412.5k
RENAISSANCE TECHNOLOGIES LLC Added +229,505+229.5k
Fiera Capital Corp New +165,214+165.2k
Qube Research & Technologies Ltd Added +155,472+155.5k
ENVESTNET ASSET MANAGEMENT INC Added +85,425+85.4k
BRANDES INVESTMENT PARTNERS, LP New +59,830+59.8k
O'Brien Greene & Co. Inc New +59,000+59.0k
DIMENSIONAL FUND ADVISORS LP Added +51,011+51.0k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -126,378-126.4k
Banco BTG Pactual S.A. Sold out -111,810-111.8k
Soapstone Management L.P. Reduced -79,530-79.5k
Amundi Reduced -66,209-66.2k
SPX Gestao de Recursos Ltda Sold out -64,440-64.4k
Cubist Systematic Strategies, LLC Reduced -58,285-58.3k
RAYMOND JAMES & ASSOCIATES Reduced -43,539-43.5k
MORGAN STANLEY Reduced -41,855-41.9k
Lester Murray Antman dba SimplyRich Sold out -30,572-30.6k
JPMORGAN CHASE & CO Reduced -30,024-30.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $87.8k5.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $87.8k5.7k shares
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.

HolderStakeChangeShares Last filed
ORBIS INVESTMENT MANAGEMENT LTD 13G · institution filed 2025-02-14 11.6% 156.6m 2025-02-14

Insider purchases and sales in Q1 2023

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 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Coronation Fund Managers Ltd. 2.63% of their portfolio Cape Town, T3 6,424,5186.4m $98.9m $98.9m 2.63% Added +2.0m +2,049,321
2 Orbis Allan Gray Ltd 0.48% of their portfolio HamiltoN, D0 3,968,7614.0m $61.1m $61.1m 0.48% Added +3.2m +3,190,636
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,032,5811.0m $15.9m $15.9m 0.00% Added +27.0k +27,005
4 Soapstone Management L.P. 5.52% of their portfolio BETHESDA, MD 802,968803.0k $12.4m $12.4m 5.52% Reduced -79.5k -79,530
5 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 532,505532.5k $8.2m $8.2m 0.01% Added +229.5k +229,505
6 RENAISSANCE GROUP LLC 0.34% of their portfolio Covington, KY 480,300480.3k $7.4m $7.4m 0.34% Reduced -14.9k -14,931
7 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 412,504412.5k $6.4m $6.4m 0.01% New
8 Amundi 0.00% of their portfolio Paris, I0 375,846375.8k $5.2m $5.2m 0.00% Reduced -66.2k -66,209
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 365,892365.9k $5.6m $5.6m 0.00% Added +23.8k +23,784
10 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 358,292358.3k $5.5m $5.5m 0.01% Unchanged
11 BlackRock Inc. 0.00% of their portfolio New York, NY 272,697272.7k $4.2m $4.2m 0.00% Reduced -8.4k -8,435
12 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 247,801247.8k $3.8m $3.8m 0.00% Added +51.0k +51,011
13 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 244,697244.7k $3.8m $3.8m 0.00% Added +48.0k +47,952
14 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 241,116241.1k $3.7m $3.7m 0.02% Added +155.5k +155,472
15 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 168,102168.1k $2.6m $2.6m 0.00% Unchanged
16 Fiera Capital Corp 0.01% of their portfolio MONTREAL, A8 165,214165.2k $2.5m $2.5m 0.01% New
17 Ruane, Cunniff & Goldfarb L.P. 0.04% of their portfolio New York, NY 140,697140.7k $2.2m $2.2m 0.04% Added +39.6k +39,628
18 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 109,762109.8k $1.7m $1.7m 0.00% Added +44.8k +44,784
19 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 105,929105.9k $1.3m $1.3m 0.00% Added +85.4k +85,425
20 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 89,64589.6k $1.4m $1.4m 0.00% Reduced -126.4k -126,378
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 88,25588.3k $1.4m $1.4m 0.00% Reduced -41.9k -41,855
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 81,08181.1k $1.2m $1.2m 0.00% Added +8.8k +8,823
23 BARINGS LLC 0.04% of their portfolio CHARLOTTE, NC 74,11074.1k $1.2m $1.2m 0.04% Added +34.1k +34,110
24 BRANDES INVESTMENT PARTNERS, LP 0.02% of their portfolio LA JOLLA, CA 59,83059.8k $921.4k $921.4k 0.02% New
25 O'Brien Greene & Co. Inc 0.34% of their portfolio MEDIA, PA 59,00059.0k $909.0k $909.0k 0.34% New
26 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 51,51951.5k $793.4k $793.4k 0.00% Added +1.2k +1,178
27 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 50,51250.5k $777.9k $777.9k 0.00% Added +31.3k +31,302
28 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 44,41444.4k $684.0k $684.0k 0.00% New
29 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 41,70041.7k $642.2k $642.2k 0.00% Unchanged
30 THORNBURG INVESTMENT MANAGEMENT INC 0.01% of their portfolio SANTA FE, NM 41,68741.7k $642.0k $642.0k 0.01% New
31 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 34,55634.6k $532.2k $532.2k 0.01% New
32 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 33,85233.9k $521.3k $521.3k 0.00% Reduced -58.3k -58,285
33 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 25,77725.8k $397.0k $397.0k 0.00% Unchanged
34 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 21,47721.5k $330.7k $330.7k 0.00% Added +4.9k +4,898
35 Portland Hill Asset Management Ltd 0.66% of their portfolio LONDON, X0 21,29021.3k $283.0k $283.0k 0.66% Unchanged
36 Optiver Holding B.V. 0.01% of their portfolio AMSTERDAM, P7 19,80519.8k $305.0k $305.0k 0.01% New
37 Harbour Capital Advisors, LLC 0.09% of their portfolio TYSONS CORNER, VA 19,32019.3k $295.9k $295.9k 0.09% Added +4.1k +4,075
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 19,07119.1k $293.7k $293.7k 0.00% New
39 CW Advisors, LLC 0.01% of their portfolio BOSTON, MA 18,05818.1k $278.1k $278.1k 0.01% New
40 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 18,00018.0k $277.0k $277.0k 0.00% Reduced -2.0k -2,000
41 Boston Common Asset Management, LLC 0.01% of their portfolio BOSTON, MA 17,96618.0k $277.0k $277.0k 0.01% New
42 PATHSTONE FAMILY OFFICE, LLC 0.00% of their portfolio ENGLEWOOD, NJ 17,96618.0k $276.7k $276.7k 0.00% New
43 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 16,21116.2k $249.6k $249.6k 0.00% Added +275 +275
44 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 15,60515.6k $240.0k $240.0k 0.00% Unchanged
45 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 15,10915.1k $232.7k $232.7k 0.00% Added +702 +702
46 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 14,78614.8k $227.7k $227.7k 0.00% Reduced -43.5k -43,539
47 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 13,11013.1k $201.9k $201.9k 0.00% New
48 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ST. LOUIS, MO 12,15512.2k $187.2k $187.2k 0.00% Reduced -258 -258
49 Systematic Alpha Investments, LLC 0.01% of their portfolio PRINCETON, NJ 12,00012.0k $184.8k $184.8k 0.01% Unchanged
50 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 11,93311.9k $183.8k $183.8k 0.00% New
51 ROYAL LONDON ASSET MANAGEMENT LTD 0.00% of their portfolio UNITED KINGDOM, X0 11,50411.5k $177.2k $177.2k 0.00% Unchanged
52 ATLAS CAPITAL ADVISORS INC. 0.03% of their portfolio JACKSON, WY 11,09011.1k $170.8k $170.8k 0.03% Reduced -17.4k -17,411
53 HBK Sorce Advisory LLC 0.01% of their portfolio ERIE, PA 10,62910.6k $163.7k $163.7k 0.01% New
54 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 10,38210.4k $159.9k $159.9k 0.01% Reduced -216 -216
55 FinTrust Capital Advisors, LLC 0.04% of their portfolio Greenville, SC 10,00010.0k $154.0k $154.0k 0.04% Reduced -7.5k -7,500
56 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,9015.9k $91.0k $91.0k 0.00% Added +5.4k +5,391
57 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,8405.8k $89.9k $89.9k 0.00% Reduced -624 -624
58 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,5674.6k $70.0k $70.0k 0.00% Reduced -30.0k -30,024
59 FMR LLC 0.00% of their portfolio BOSTON, MA 3,4743.5k $53.5k $53.5k 0.00% Reduced -240 -240
60 Eagle Bay Advisors LLC 0.01% of their portfolio NEW YORK, NY 1,4001.4k $21.6k $21.6k 0.01% Unchanged
61 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 780780 $12.0k $12.0k 0.00% Reduced -333 -333
62 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 773773 $11.9k $11.9k 0.00% Reduced -1.5k -1,469
63 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 750750 $11.6k $11.6k 0.00% New
64 Park Place Capital Corp 0.00% of their portfolio Homewood, AL 698698 $10.7k $10.7k 0.00% Reduced -191 -191
65 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 365365 $5.6k $5.6k 0.00% Added +110 +110
66 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 312312 $4.8k $4.8k 0.00% New
67 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 286286 $4.4k $4.4k 0.00% Reduced -94 -94
68 Itau Unibanco Holding S.A. 0.00% of their portfolio SAO PAULO, D5 210210 $3.2k $3.2k 0.00% New
69 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 181181 $2.8k $2.8k 0.00% Reduced -59 -59
70 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 150150 $1.9k $1.9k 0.00% New
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 100100 $1.6k $1.6k 0.00% Reduced -4.8k -4,827
72 Quent Capital, LLC 0.00% of their portfolio NEW YORK, NY 9696 $1.5k $1.5k 0.00% Unchanged
73 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 5555 $635 $635 0.00% Reduced -28 -28
74 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 5454 $1.0k $1.0k 0.00% Unchanged
75 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 5050 $770 $770 0.00% New
76 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 3939 $601 $601 0.00% Unchanged
77 MONTAG A & ASSOCIATES INC 0.00% of their portfolio ATLANTA, GA 3333 $509 $509 0.00% New
78 UMB Bank, n.a. 0.00% of their portfolio Kansas City, MO 3232 $493 $493 0.00% Unchanged
79 Syverson Strege & Co 0.00% of their portfolio WEST DES MOINES, IA 2626 $400 $400 0.00% New
80 CWM, LLC 0.00% of their portfolio OMAHA, NE 1616 $0 $0 0.00% New
81 Corus Family Wealth Advisors 0.00% of their portfolio MCKINNEY, TX 1313 $201 $201 0.00% Reduced -3 -3
82 True Wealth Design, LLC 0.00% of their portfolio AKRON, OH 33 $47 $47 0.00% Unchanged
83 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged