Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in UGP held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Naman Capital Ltda | 12.7M | $63.7M | -7.0% | 1.171% | 17.70% |
| 2 | GOLDMAN SACHS GROUP INC | 5.5M | $30.4M | +30.8% | 0.507% | 0.00% |
| 3 | MORGAN STANLEY | 4.9M | $26.8M | -1.6% | 0.448% | 0.00% |
| 4 | BlackRock, Inc. | 3.9M | $21.7M | +10.4% | 0.362% | 0.00% |
| 5 | RENAISSANCE TECHNOLOGIES LLC | 3.7M | $20.6M | +10.6% | 0.344% | 0.03% |
| 6 | AMERICAN CENTURY COMPANIES INC | 3.7M | $20.5M | +21.8% | 0.342% | 0.01% |
| 7 | Qube Research & Technologies Ltd | 2.5M | $13.5M | +130.3% | 0.226% | 0.02% |
| 8 | UBS Group AG | 2.0M | $10.7M | +3.9% | 0.179% | 0.00% |
| 9 | MARSHALL WACE, LLP | 1.8M | $9.7M | +106.5% | 0.162% | 0.01% |
| 10 | BANK OF AMERICA CORP /DE/ | 1.6M | $8.7M | -13.8% | 0.145% | 0.00% |
| 11 | MILLENNIUM MANAGEMENT LLC | 1.4M | $7.9M | -11.1% | 0.132% | 0.01% |
| 12 | JANE STREET GROUP, LLC | 1.3M | $7.3M | +14.3% | 0.121% | 0.06% |
| 13 | DEUTSCHE BANK AG\ | 1.1M | $6.3M | -46.9% | 0.105% | 0.00% |
| 14 | TWO SIGMA INVESTMENTS, LP | 946K | $5.2M | +108.3% | 0.087% | 0.00% |
| 15 | DIMENSIONAL FUND ADVISORS LP | 946K | $5.2M | +42.7% | 0.087% | 0.00% |
| 16 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 927K | $5.1M | +235.7% | 0.085% | 0.00% |
| 17 | CITADEL ADVISORS LLC | 918K | $5.1M | +800.4% | 0.084% | 0.00% |
| 18 | Kapitalo Investimentos Ltda | 915K | $5.0M | +4.6% | 0.084% | 0.95% |
| 19 | LONGFELLOW INVESTMENT MANAGEMENT CO LLC | 535K | $2.9M | 0.0% | 0.049% | 0.61% |
| 20 | Invesco Ltd. | 524K | $2.9M | +105.5% | 0.048% | 0.00% |
| 21 | SPX Equities Gestao de Recursos Ltda | 519K | $2.9M | -10.9% | 0.048% | 0.24% |
| 22 | Optiver Holding B.V. | 453K | $2.5M | +3.0% | 0.042% | 0.09% |
| 23 | HSBC HOLDINGS PLC | 451K | $2.5M | — | 0.041% | 0.00% |
| 24 | D. E. Shaw & Co., Inc. | 370K | $2.0M | — | 0.034% | 0.00% |
| 25 | Creative Planning | 369K | $2.0M | +5.1% | 0.034% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in UGP — a direct measure of their conviction.
Filings activity in UGP during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new UGP position in Q1 2026
Institutions that fully closed their UGP position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 151 | +8.6% | 6.24% | +1.93 pp | $332M | +45% |
| Q4 2025 | 139 | +15% | 4.31% | +0.01 pp | $229M | +0.3% |
| Q3 2025 | 121 | 2.4% | 4.30% | +1.06 pp | $228M | +33% |
| Q2 2025 | 124 | +8.8% | 3.24% | +0.22 pp | $172M | +7.0% |
| Q1 2025 | 114 | 0.9% | 3.02% | +0.17 pp | $161M | +6.3% |
| Q4 2024 | 115 | +0.9% | 2.85% | 0.32 pp | $151M | 10% |
| Q3 2024 | 114 | 3.4% | 3.17% | +0.13 pp | $168M | +4.1% |
| Q2 2024 | 118 | — | 3.04% | — | $162M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying UGP stock.
Based on Q1 2026 13F filings, institutional ownership of Ultrapar Participações S.A. stands at 6.2%, held across 151 reporting institutions.
Naman Capital Ltda is the largest reported institutional holder of UGP, with approximately 12,727,222 shares worth $0.06B as of Q1 2026.
Yes — 5 widely-followed marquee investors appear among the top 25 institutional holders of UGP, including RENAISSANCE TECHNOLOGIES LLC, MILLENNIUM MANAGEMENT LLC, JANE STREET GROUP, LLC, TWO SIGMA INVESTMENTS, LP, CITADEL ADVISORS LLC.
Our composite Smart Money Score for UGP is 80 out of 100 (Strong Smart Money). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
34 institutions opened new positions in UGP during Q1 2026, while 22 fully exited. 107 added to existing positions and 10 trimmed.
UGP institutional ownership rose by 1.93 percentage points quarter-over-quarter, with a net change of +12 holders.
The top 10 institutions account for 68.2% of all reported 13F value in UGP, and the top 25 account for 87.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Ultrapar Participações S.A. (UGP) Institutional Ownership