Raizen: Wellington Management reduces stake to 9.87%

Raizen: Wellington Management reduces stake to 9.87%

Raizen: Wellington Management Reduces Stake to 9.87%

Wellington Management has reduced its holdings in Raízen S.A. (RAIZEN), a Brazilian energy and agriculture company, to 9.87% of the total shares. This marks a slight decrease from its previously reported 9.9% stake in Raízen's preferred shares as of January 31, 2026. The adjustment reflects a marginal reduction in the institutional investor's position, though the exact timing and volume of the transaction were not disclosed in the provided materials.

Raízen's shareholding structure reveals that the controlling group—led by the São Paulo-based ethanol and bioenergy giant— retains 88.1% of total shares, maintaining a dominant position in the company's equity ownership. Other notable institutional investors include Baillie Gifford (9.9%), Norges Bank (5.0%), and BlackRock (5.1%), all holding preferred shares. Management and treasury shares collectively account for less than 1% of the total equity.

The reduction in Wellington Management's stake follows a broader context of institutional investor activity in Raízen, which operates in Brazil's competitive renewable energy and agribusiness sectors. While the move may signal a strategic rebalancing of portfolios, it does not immediately alter the company's ownership dynamics, as the controlling group's majority position remains unchanged.

Investors should note that Raízen's share structure distinguishes between common and preferred shares, with institutional holdings concentrated in the latter. The total outstanding shares stand at 10.35 billion, with preferred shares comprising 1,358.9 million, or 13.1% of the total.

No further details on Wellington Management's rationale for the stake reduction were provided in the referenced materials. Analysts may monitor future filings for additional insights into institutional positioning and market sentiment toward Raízen's performance.

(https://www.marketscreener.com/news/wellington-management-cuts-stake-in-brazil-s-raizen-to-9-87-ce7e5ddada89f524): Marketscreener, February 19, 2026.
(https://ri.raizen.com.br/en/about-raizen/shareholding-structure/): Raízen S.A. Shareholding Structure, reference date: January 31, 2026.