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Ultrapar Holdings Inc

UGP
Exchange
NYSE
Industry
Natural Gas Distribution
SEC CIK
0001094972

In the last 90 days, Ultrapar Holdings Inc insiders filed 0 open-market purchases and 5 sales; 180 institutions reported holding it in 13F filings for Q2 2026, worth $288.7M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Ultrapar Holdings Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
143
+26 vs. Q3 2025
Shares held
61.6M
+8.54M (+16.1%) vs. Q3 2025
Total value
$232.2M
+$14.7M (+6.8%) vs. Q3 2025
New holders
37
58 more added
Sold out
11
36 more reduced

6 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting UGP on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 143 institutions
Q1 2021: 76 institutionsQ2 2021: 80 institutionsQ3 2021: 69 institutionsQ4 2021: 83 institutionsQ1 2022: 89 institutionsQ2 2022: 77 institutionsQ3 2022: 85 institutionsQ4 2022: 82 institutionsQ1 2023: 87 institutionsQ2 2023: 88 institutionsQ3 2023: 99 institutionsQ4 2023: 119 institutionsQ1 2024: 129 institutionsQ2 2024: 119 institutionsQ3 2024: 116 institutionsQ4 2024: 116 institutionsQ1 2025: 117 institutionsQ2 2025: 126 institutionsQ3 2025: 123 institutionsQ4 2025: 143 institutionsQ1 2026: 156 institutionsQ2 2026: 180 institutions
Value heldQ4 2025: $232.2M
Q1 2021: $165.6MQ2 2021: $158.4MQ3 2021: $96.1MQ4 2021: $95.5MQ1 2022: $104.3MQ2 2022: $82.4MQ3 2022: $87.4MQ4 2022: $102.7MQ1 2023: $115.0MQ2 2023: $153.3MQ3 2023: $144.8MQ4 2023: $215.7MQ1 2024: $262.8MQ2 2024: $196.8MQ3 2024: $181.3MQ4 2024: $160.1MQ1 2025: $190.6MQ2 2025: $209.0MQ3 2025: $219.8MQ4 2025: $232.2MQ1 2026: $337.9MQ2 2026: $288.7M
Institutions holding UGP and their total value by quarter
QuarterHoldersValue
Q2 2026180$288.7M
Q1 2026156$337.9M
Q4 2025143$232.2M
Q3 2025123$219.8M
Q2 2025126$209.0M
Q1 2025117$190.6M
Q4 2024116$160.1M
Q3 2024116$181.3M
Q2 2024119$196.8M
Q1 2024129$262.8M
Q4 2023119$215.7M
Q3 202399$144.8M
Q2 202388$153.3M
Q1 202387$115.0M
Q4 202282$102.7M
Q3 202285$87.4M
Q2 202277$82.4M
Q1 202289$104.3M
Q4 202183$95.5M
Q3 202169$96.1M
Q2 202180$158.4M
Q1 202176$165.6M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Ultrapar Holdings Inc; share changes are against Q3 2025.

Institutions holding UGP in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bizma Investimentos Ltda13,687,979$51.6M14.51%−392,020−2.8%Reduced
Morgan Stanley4,947,134$18.7M0.00%−1,230,491−19.9%Reduced
Goldman Sachs Group Inc4,214,612$15.9M0.00%+2,087,852+98.2%Added
BlackRock, Inc.3,569,144$13.5M0.00%−333,466−8.5%Reduced
Renaissance Technologies LLC3,382,778$12.8M0.02%+807,178+31.3%Added
American Century Companies Inc3,049,669$11.5M0.01%+264,482+9.5%Added
JPMorgan Chase & Co2,744,442$10.3M0.00%−1,339,744−32.8%Reduced
Deutsche Bank AG2,147,914$8.10M0.00%+2,142,855+42,357.3%Added
UBS Group AG1,876,765$7.08M0.00%−1,013,268−35.1%Reduced
Bank of America Corp1,832,496$6.91M0.00%+1,773,744+3,019.0%Added
Bank of Montreal1,824,000$6.88M0.00%+1,824,000New
Millennium Management LLC1,610,338$6.07M0.00%−1,186,324−42.4%Reduced
Jane Street Group, LLC1,150,919$4.34M0.01%+720,187+167.2%Added
Qube Research & Technologies Ltd1,064,526$4.01M0.01%+843,766+382.2%Added
Kapitalo Investimentos Ltda874,882$3.30M0.63%+680,782+350.7%Added
Marshall Wace, LLP853,367$3.22M0.00%+824,823+2,889.7%Added
Banco BTG Pactual S.A.697,900$2.63M0.47%+697,900New
Dimensional Fund Advisors LP662,738$2.50M0.00%+110,209+19.9%Added
Point72 Asset Management, L.P.596,782$2.25M0.00%+307,382+106.2%Added
SPX Equities Gestao de Recursos Ltda582,585$2.20M0.22%+561,116+2,613.6%Added
Wellington Management Group LLP563,060$2.12M0.00%−21,590−3.7%Reduced
Longfellow Investment Management Co LLC534,513$2.02M0.45%−81,832−13.3%Reduced
Two Sigma Investments, LP454,111$1.71M0.00%−363,568−44.5%Reduced
HSBC Holdings PLC447,618$1.69M0.00%+44,375+11.0%Added
Optiver Holding B.V.440,252$1.66M0.03%+61,654+16.3%Added
Capital Innovations LLC405,382$1.53M0.44%+405,382New
Creative Planning351,390$1.32M0.00%+17,693+5.3%Added
O'Shaughnessy Asset Management, LLC342,978$1.29M0.01%+23,901+7.5%Added
Banque Cantonale Vaudoise300,000$1.13M0.04%+300,000New
Wells Fargo & Company291,168$1.10M0.00%+284,746+4,433.9%Added
Vident Advisory, LLC286,333$1.08M0.01%+11,433+4.2%Added
Arrowstreet Capital, Limited Partnership276,228$1.04M0.00%+276,228New
Invesco Ltd.255,013$961.4K0.00%+35,763+16.3%Added
Acadian Asset Management LLC253,830$956.0K0.00%−804,534−76.0%Reduced
State Street Corp249,883$942.1K0.00%+39,840+19.0%Added
Balyasny Asset Management LLC225,270$849.3K0.00%+44,200+24.4%Added
Connor, Clark & Lunn Investment Management Ltd.196,895$742.3K0.00%+185,754+1,667.3%Added
Bleakley Financial Group, LLC189,528$714.5K0.01%−8,362−4.2%Reduced
Prospera Financial Services Inc187,807$707.9K0.01%+187,807New
Ritholtz Wealth Management177,022$667.4K0.01%−3,135−1.7%Reduced
Parvin Asset Management, LLC166,400$627.3K0.51%+166,400New
Northern Trust Corp164,313$619.5K0.00%+3,853+2.4%Added
Atomi Financial Group, Inc.161,337$608.2K0.02%+142,251+745.3%Added
Rhumbline Advisers154,968$584.2K0.00%−18,954−10.9%Reduced
Legal & General Group Plc135,500$511.5K0.00%00.0%Unchanged
Advisors Asset Management, Inc.125,338$472.5K0.01%−7,156−5.4%Reduced
XTX Topco Ltd122,561$462.1K0.01%+122,561New
BNP Paribas Arbitrage, SA120,087$452.7K0.00%+1,923+1.6%Added
Mariner, LLC118,358$446.7K0.00%+5,134+4.5%Added
Two Sigma Advisers, LP112,900$425.6K0.00%−50,500−30.9%Reduced
Schonfeld Strategic Advisors LLC111,972$422.1K0.00%+99,672+810.3%Added
JustInvest LLC106,530$401.6K0.00%+11,679+12.3%Added
Guggenheim Capital LLC94,021$354.5K0.00%+23,471+33.3%Added
Laird Norton Trust Company, LLC88,988$335.5K0.01%+88,988New
Walleye Capital LLC83,745$315.7K0.00%+83,745New
Cerity Partners LLC79,600$300.1K0.00%+16,275+25.7%Added
SEI Investments Co79,397$299.3K0.00%+3,105+4.1%Added
The PNC Financial Services Group, Inc.75,092$283.1K0.00%−123−0.2%Reduced
Ethic Inc.70,352$265.2K0.00%+27,377+63.7%Added
Russell Investments Group, Ltd.69,292$261.2K0.00%00.0%Unchanged
AQR Capital Management LLC64,594$243.5K0.00%+12,767+24.6%Added
Sequoia Financial Advisors, LLC63,023$237.6K0.00%+5,362+9.3%Added
CI Private Wealth, LLC62,118$234.2K0.00%+573+0.9%Added
Centiva Capital, LP60,963$229.8K0.01%+33,430+121.4%Added
RBF Capital, LLC55,229$208.2K0.01%00.0%Unchanged
QRG Capital Management, Inc.53,189$200.5K0.00%+53,189New
Citadel Advisors LLC52,064$196.3K0.00%−314,221−85.8%Reduced
PharVision Advisers, LLC51,880$195.6K0.10%+23,498+82.8%Added
Citigroup Inc49,019$184.8K0.00%−2,975−5.7%Reduced
VPR Management LLC46,700$176.1K0.08%00.0%Unchanged
Public Employees Retirement System of Ohio44,534$167.9K0.00%+43,104+3,014.3%Added
Mirae Asset Global Investments Co., Ltd.37,647$141.9K0.00%+1,442+4.0%Added
Pathstone Holdings, LLC37,308$140.7K0.00%+2,530+7.3%Added
Inspire Advisors, LLC35,163$132.6K0.01%−5,765−14.1%Reduced
Signaturefd, LLC33,774$127.3K0.00%+5,082+17.7%Added
Ieq Capital, LLC33,648$126.9K0.00%−858−2.5%Reduced
West Family Investments, Inc.33,240$125.3K0.03%00.0%Unchanged
Envestnet Asset Management Inc32,679$123.2K0.00%−1,324−3.9%Reduced
FMR LLC31,185$117.6K0.00%−3,259−9.5%Reduced
Aprio Wealth Management, LLC28,817$108.6K0.01%−1,611−5.3%Reduced
PDS Planning, Inc28,286$106.6K0.01%+76+0.3%Added
Ronald Blue Trust, Inc.27,693$104.4K0.00%−5,621−16.9%Reduced
Magnetar Financial LLC22,783$85.9K0.00%+22,783New
Quadrant Capital Group LLC22,550$85.0K0.00%+242+1.1%Added
Sivia Capital Partners, LLC22,136$83.5K0.02%+408+1.9%Added
Parallel Advisors, LLC21,790$82.1K0.00%+952+4.6%Added
Beaumont Financial Advisors, LLC20,920$78.9K0.01%00.0%Unchanged
Tuttle Tactical Management20,767$78.3K0.17%+20,767New
CWM Advisors, LLC20,725$78.1K0.01%−408−1.9%Reduced
Robeco Institutional Asset Management B.V.19,234$72.5K0.00%+19,234New
Franklin Resources Inc19,210$72.4K0.00%+4,688+32.3%Added
Yousif Capital Management, LLC17,210$71.9K0.00%00.0%Unchanged
Profund Advisors LLC18,184$68.6K0.00%+4,444+32.3%Added
Ausdal Financial Partners, Inc.17,159$64.7K0.00%+17,159New
US Bancorp16,872$63.6K0.00%−1,218−6.7%Reduced
Brinker Capital Investments, LLC16,737$63.1K0.00%+22+0.1%Added
Graham Capital Management, L.P.16,443$62.0K0.00%+16,443New
GAMMA Investing LLC16,377$61.7K0.00%+373+2.3%Added
PFG Investments, LLC16,300$61.5K0.00%+16,300New
Squarepoint Ops LLC15,696$59.2K0.00%−26,332−62.7%Reduced