13FPulse
UG

UGP ULTRAPAR PARTICPAC-SPON ADR

2026Q2 · CUSIP 90400P101 · Sector: Utilities

Piling in

Net holder growth ranks near the top of the market

Funds that own it
176
Institutions that reported holding it to the SEC
Net increase in holders
+22
Last quarter 154 → now 176
How unusual is that
Top 20%
Stronger buying than 85% of US stocks
What the filings say, in one paragraph

176 funds held UGP at the end of 2026Q2, up 22 from the quarter before. That is stronger buying than 84.7% of US stocks — among the most piled-into names this quarter. UGP has had 7 buying rushes in its history, and the price moved +5.4% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Utilities sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=85 2013Q4: holders=95 2014Q1: holders=81 2014Q2: holders=93 2014Q3: holders=91 2014Q4: holders=94 2015Q1: holders=86 2015Q2: holders=99 2015Q3: holders=83 2015Q4: holders=91 2016Q1: holders=85 2016Q2: holders=91 2016Q3: holders=106 2016Q4: holders=104 2017Q1: holders=97 2017Q2: holders=95 2017Q3: holders=83 2017Q4: holders=96 2018Q1: holders=97 2018Q2: holders=82 2018Q3: holders=94 2018Q4: holders=95 2019Q1: holders=105 2019Q2: holders=97 2019Q3: holders=78 2019Q4: holders=84 2020Q1: holders=78 2020Q2: holders=81 2020Q3: holders=77 2020Q4: holders=83 2021Q1: holders=77 2021Q2: holders=80 2021Q3: holders=70 2021Q4: holders=82 2022Q1: holders=88 2022Q2: holders=77 2022Q3: holders=86 2022Q4: holders=84 2023Q1: holders=87 2023Q2: holders=88 2023Q3: holders=99 2023Q4: holders=119 2024Q1: holders=129 2024Q2: holders=119 2024Q3: holders=116 2024Q4: holders=116 2025Q1: holders=117 2025Q2: holders=125 2025Q3: holders=124 2025Q4: holders=143 2026Q1: holders=154 2026Q2: holders=176 -22 -11 +0 +11 +22 63124185 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 7 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2023Q3 Top 20% +8.0% +23.1%
2022Q3 Top 20%
2018Q3 Top 20% +18.8% +20.2%
2016Q3 Top 10% +5.9% +10.3%
2015Q2 Top 20% -10.3% -6.6%
2014Q2 Top 20% -18.3% -19.9%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
86
Change in large funds
+8
Total value they hold
$281M
Funds buying for the first time
48
Funds that sold out entirely
26
Price change that quarter
+17.8%
Funds holding puts (bearish)
0
Funds holding calls (bullish)
0

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.