Braskem
BAK
98 hedge funds and large institutions have $721M invested in Braskem in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 24 closing their positions.
57% more call options, than puts
Call options by funds: $3.38M | Put options by funds: $2.16M
17% more capital invested
Capital invested by funds: $616M → $721M (+$105M)
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 104 → 98 (-6)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$25.5M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$9.37M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$6.45M |
| 4 |
Goldman Sachs
New York
|
+$6.02M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$18.9M |
| 2 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$10.8M |
| 3 |
Morgan Stanley
New York
|
-$4.65M |
| 4 |
Millennium Management
New York
|
-$3.57M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.78M |
BAK Hedge Fund Activity: Q2 2018 in Review
98 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q2 2018, worth a combined $721M — up 17% from $616M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BAK and 20 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 30 added.
The largest buyer was Carlson Capital, adding an estimated $25.5M. The largest seller was Bank of America, cutting an estimated $18.9M.
- 98 institutional investors held Braskem (BAK) as of Q2 2018, down from 104 in Q1 2018.
- Funds reported $721M of Braskem stock for Q2 2018, up 17% quarter-over-quarter.
- 20 funds opened new Braskem positions in Q2 2018 and 24 closed out, a net change of -4 holders.
- The largest Braskem buyer in Q2 2018 was Carlson Capital, an estimated $25.5M added.
- The largest Braskem seller in Q2 2018 was Bank of America, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2018.