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Braskem
BAK

38 hedge funds and large institutions have $52.2M invested in Braskem in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.05% less ownership

Funds ownership: 2.09% → 2.04% (-0.05%)

3% less funds holding

Funds holding: 39 → 38 (-1)

16% less capital invested

Capital invested by funds: $62.3M → $52.2M (-$10.1M)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

65% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 20

Holders
38
Holders Change
-1
Holders Change %
-2.56%
% of All Funds
0.77%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
4
Increased
7
Reduced
20
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
+$1.91M
2
Adage Capital Partners
Adage Capital Partners
Massachusetts
+$128K
3
AQR Capital Management
AQR Capital Management
Connecticut
+$54.5K
4
State Street
State Street
Massachusetts
+$40.9K
5
Credit Agricole
Credit Agricole
France
+$25.8K

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$1.6M
2
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$432K
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$405K
4
CCM
Contrarian Capital Management
Connecticut
-$376K
5
Vanguard Group
Vanguard Group
Pennsylvania
-$255K
Name Holding Trade Value Shares
Change 		Change in
Stake
Wells Fargo
26
Wells Fargo
California
$20K +$3.44K +400 +18%
PNC Financial Services Group
27
PNC Financial Services Group
Pennsylvania
$8K -$4.88K -568 -36%
Group One Trading
28
Group One Trading
Illinois
$8K – – –
CAW
29
Cornerstone Advisors (Washington)
Washington
$7K -$2K -233 -20%
TRCT
30
Tower Research Capital (TRC)
New York
$2K -$37.1K -4,318 -93%
GT
31
Glenmede Trust
Pennsylvania
$2K -$1.6K -186 -37%
Osaic Holdings
32
Osaic Holdings
Arizona
$2K -$748 -87 -22%
US Bancorp
33
US Bancorp
Minnesota
$1K – – –
Fidelity Investments
34
Fidelity Investments
Massachusetts
$1K +$688 +80 New
APA
35
American Portfolios Advisors
New York
$381 – – –
Millennium Management
36
Millennium Management
New York
$262 -$1.6M -185,708 -84%
Daiwa Securities Group
37
Daiwa Securities Group
Japan
– -$87K -13,100 Closed
TI
38
Trexquant Investment
Connecticut
– -$101K -11,725 Closed
Citigroup
39
Citigroup
New York
– -$36K -4,204 Closed
CAN
40
Cetera Advisor Networks
California
– -$8K -900 Closed
JP Morgan Chase
41
JP Morgan Chase
New York
– -$8K -886 Closed
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
– +$232 +27 +159%
AA
43
Advisory Alpha
Michigan
– +$430 +50 New
1
2

BAK Hedge Fund Activity: Q3 2020 in Review

38 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q3 2020, worth a combined $52.2M — down 16% from $62.3M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of BAK and 4 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 7 added.

The largest buyer was UBS Group, adding an estimated $1.91M. The largest seller was Millennium Management, cutting an estimated $1.6M.

  • 38 institutional investors held Braskem (BAK) as of Q3 2020, down from 39 in Q2 2020.
  • Funds reported $52.2M of Braskem stock for Q3 2020, down 16% quarter-over-quarter.
  • 4 funds opened new Braskem positions in Q3 2020 and 5 closed out, a net change of -1 holder.
  • The largest Braskem buyer in Q3 2020 was UBS Group, an estimated $1.91M added.
  • The largest Braskem seller in Q3 2020 was Millennium Management, an estimated $1.6M sold.

Based on aggregated 13F filings for Q3 2020.