Institutional Insights: Itau Unibanco Banco (ITUB) Shareholder Trends

2024-03-12

During the quarter ending on December 31, 2023, Itau Unibanco Banco (ITUB) was held by 302 hedge funds, with a total of 848,116,468 shares, as reported by sharkstracker.com. Additionally, 6 ETFs held 24,065,709 shares of ITUB. Notable institutions with significant holdings in ITUB included Schroder Investment Management Group, Westwood Global Investments, LLC, JPMorgan Chase & Co, Goldman Sachs Group Inc, and Fisher Asset Management, LLC.

In the same quarter, 124 hedge funds were actively buying ITUB, while 96 were selling it. The selling hedge funds offloaded 79,178,174 shares, whereas the buying hedge funds acquired 80,280,025 shares. Moreover, 20 hedge funds decided to double their positions on ITUB, while 6 hedge funds opted to sell at least 90% of their ITUB shares.

Among the institutions displaying a pessimistic outlook on ITUB were GQG Partners LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank, Schroder Investment Management Group, Goldman Sachs Group Inc, and Bank of America Corp. Conversely, the most optimistic institutions regarding ITUB included Fisher Asset Management, LLC, JPMorgan Chase & Co, Itau Unibanco Holding S.A., Arrowstreet Capital, Limited Partnership, and Morgan Stanley.

The data provided by sharkstracker.com offers a data-driven perspective on the market dynamics surrounding ITUB. For a more comprehensive analysis, the full version of the article can be accessed at: [sharkstracker.com/reports/ReportDetail12:ITUB/?rrr=3](https://www.sharkstracker.com/reports/ReportDetail12:ITUB/?rrr=3).