Braskem
BAK
61 hedge funds and large institutions have $302M invested in Braskem in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 9 increasing their positions, 27 reducing their positions, and 11 closing their positions.
114% more call options, than puts
Call options by funds: $471K | Put options by funds: $220K
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
7% more funds holding
Funds holding: 57 → 61 (+4)
7% more capital invested
Capital invested by funds: $283M → $302M (+$19.2M)
67% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$16.7M |
| 2 |
Morgan Stanley
New York
|
+$7.26M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.29M |
| 4 |
AG
Ashmore Group
London,
United Kingdom
|
+$1.95M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GTP
Global Thematic Partners
New York
|
-$12.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$5.9M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$5.51M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.37M |
BAK Hedge Fund Activity: Q4 2013 in Review
61 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q4 2013, worth a combined $302M — up 6.8% from $283M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BAK positions and 11 closed out — a net gain of 4 holders — while 9 added to existing stakes and 27 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $16.7M. The largest seller was Global Thematic Partners, cutting an estimated $12.5M.
- 61 institutional investors held Braskem (BAK) as of Q4 2013, up from 57 in Q3 2013.
- Funds reported $302M of Braskem stock for Q4 2013, up 6.8% quarter-over-quarter.
- 15 funds opened new Braskem positions in Q4 2013 and 11 closed out, a net change of +4 holders.
- The largest Braskem buyer in Q4 2013 was Acadian Asset Management, an estimated $16.7M added.
- The largest Braskem seller in Q4 2013 was Global Thematic Partners, an estimated $12.5M sold.
Based on aggregated 13F filings for Q4 2013.