Braskem
BAK
53 hedge funds and large institutions have $41.7M invested in Braskem in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 12 closing their positions.
85% more capital invested
Capital invested by funds: $22.6M → $41.7M (+$19.2M)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
4% more funds holding
Funds holding: 51 → 53 (+2)
0.68% more ownership
Funds ownership: 0.88% → 1.56% (+0.68%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$10.5M |
| 2 |
Two Sigma Investments
New York
|
+$3.35M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.43M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$943K |
| 5 |
Renaissance Technologies
New York
|
+$757K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PineBridge Investments
New York
|
-$937K |
| 2 |
Morgan Stanley
New York
|
-$491K |
| 3 |
State Street
Boston,
Massachusetts
|
-$412K |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$163K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$152K |
BAK Hedge Fund Activity: Q1 2023 in Review
53 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q1 2023, worth a combined $41.7M — up 85% from $22.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BAK positions and 12 closed out — a net gain of 2 holders — while 18 added to existing stakes and 16 trimmed.
The largest buyer was NFJ Investment Group, opening a new position worth an estimated $10.5M. The largest seller was PineBridge Investments, exiting entirely with an estimated $937K sold.
- 53 institutional investors held Braskem (BAK) as of Q1 2023, up from 51 in Q4 2022.
- Funds reported $41.7M of Braskem stock for Q1 2023, up 85% quarter-over-quarter.
- 14 funds opened new Braskem positions in Q1 2023 and 12 closed out, a net change of +2 holders.
- The largest Braskem buyer in Q1 2023 was NFJ Investment Group, an estimated $10.5M added.
- The largest Braskem seller in Q1 2023 was PineBridge Investments, an estimated $937K sold.
Based on aggregated 13F filings for Q1 2023.