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Braskem
BAK

52 hedge funds and large institutions have $44.9M invested in Braskem in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 16

0.07% more ownership

Funds ownership: 1.51% → 1.57% (+0.07%)

12% less funds holding

Funds holding: 59 → 52 (-7)

26% less capital invested

Capital invested by funds: $60.9M → $44.9M (-$16M)

54% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 13

Holders
52
Holders Change
-7
Holders Change %
-11.86%
% of All Funds
0.83%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
18
Reduced
16
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Renaissance Technologies
Renaissance Technologies
New York
+$3.21M
2
Jane Street
Jane Street
New York
+$2.15M
3
CWM
Centric Wealth Management
Illinois
+$1.56M
4
Millennium Management
Millennium Management
New York
+$1.46M
5
Goldman Sachs
Goldman Sachs
New York
+$807K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$4.61M
2
Squarepoint
Squarepoint
New York
-$1.36M
3
BBP
Banco BTG Pactual
Brazil
-$1.35M
4
MPM
MBB Public Markets
Illinois
-$593K
5
JF
Jump Financial
Illinois
-$476K
Name Holding Trade Value Shares
Change 		Change in
Stake
IAS
26
Insigneo Advisory Services
Florida
$187K – – –
GC
27
Guggenheim Capital
Illinois
$172K -$271 -28 -0.1%
QT
28
Quantbot Technologies
New York
$157K -$28.2K -2,916 -13%
Marshall Wace
29
Marshall Wace
United Kingdom
$157K +$185K +19,116 New
VM
30
VPR Management
Texas
$141K – – –
VEA
31
Virtus ETF Advisers
New York
$136K -$173K -17,909 -52%
Legal & General Group
32
Legal & General Group
United Kingdom
$117K – – –
Stifel Financial
33
Stifel Financial
Missouri
$101K – – –
FTDI
34
First Trust Direct Indexing
Massachusetts
$98K -$2.52K -260 -2%
EI
35
Ethic Inc
New York
$89.2K +$135 +14 +0.1%
Cerity Partners
36
Cerity Partners
New York
$86.7K -$5.53K -571 -5%
AGM
37
Alpine Global Management
New York
$82.1K +$96.8K +10,000 New
Bank of America
38
Bank of America
North Carolina
$81.6K -$7.03K -726 -7%
BCV
39
Banque Cantonale Vaudoise
Switzerland
$52K – – –
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$46K +$35.6K +3,682 +191%
Osaic Holdings
41
Osaic Holdings
Arizona
$42.5K +$4.84K +500 +11%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$41.7K +$823 +85 +2%
Wells Fargo
43
Wells Fargo
California
$28.7K -$31.9K -3,300 -49%
Fidelity Investments
44
Fidelity Investments
Massachusetts
$17.3K – – –
TRCT
45
Tower Research Capital (TRC)
New York
$16.7K +$10.7K +1,110 +120%
BAM
46
Byrne Asset Management
New Jersey
$16K +$3.87K +400 +25%
BlackRock
47
BlackRock
New York
$11.3K – – –
BIA
48
Bell Investment Advisors
California
$1.1K +$1.3K +134 New
AssetMark Inc
49
AssetMark Inc
California
$854 – – –
Group One Trading
50
Group One Trading
Illinois
$681 – – –
1
2
3

BAK Hedge Fund Activity: Q3 2023 in Review

52 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q3 2023, worth a combined $44.9M — down 26% from $60.9M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of BAK and 6 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 18 added.

The largest buyer was Renaissance Technologies, adding an estimated $3.21M. The largest seller was Morgan Stanley, cutting an estimated $4.61M.

  • 52 institutional investors held Braskem (BAK) as of Q3 2023, down from 59 in Q2 2023.
  • Funds reported $44.9M of Braskem stock for Q3 2023, down 26% quarter-over-quarter.
  • 6 funds opened new Braskem positions in Q3 2023 and 13 closed out, a net change of -7 holders.
  • The largest Braskem buyer in Q3 2023 was Renaissance Technologies, an estimated $3.21M added.
  • The largest Braskem seller in Q3 2023 was Morgan Stanley, an estimated $4.61M sold.

Based on aggregated 13F filings for Q3 2023.