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Braskem
BAK

50 hedge funds and large institutions have $88.8M invested in Braskem in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more capital invested

Capital invested by funds: $46.9M → $88.8M (+$41.9M)

42% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 12

0.91% more ownership

Funds ownership: 1.53% → 2.44% (+0.91%)

11% less funds holding

Funds holding: 56 → 50 (-6)

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

Holders
50
Holders Change
-6
Holders Change %
-10.71%
% of All Funds
0.72%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
17
Reduced
12
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
OCM
Oaktree Capital Management
California
+$16.5M
2
MPM
MBB Public Markets
Illinois
+$7.69M
3
Morgan Stanley
Morgan Stanley
New York
+$3.64M
4
Optiver Holding
Optiver Holding
Netherlands
+$3.36M
5
Goldman Sachs
Goldman Sachs
New York
+$1.58M

Top Sellers

Rank Fund Capital Flow
1
Renaissance Technologies
Renaissance Technologies
New York
-$6.34M
2
SGDR
SPX Gestao de Recursos
Brazil
-$2.11M
3
Citadel Advisors
Citadel Advisors
Florida
-$974K
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$677K
5
Marshall Wace
Marshall Wace
United Kingdom
-$605K
Name Holding Trade Value Shares
Change 		Change in
Stake
AC
26
AXQ Capital
New Jersey
$352K +$272K +33,400 New
SA
27
Shilanski & Associates
Alaska
$335K – – –
CI Investments Inc
28
CI Investments Inc
Ontario, Canada
$316K +$81.6K +10,000 +50%
Marshall Wace
29
Marshall Wace
United Kingdom
$291K -$605K -74,195 -73%
Bank of America
30
Bank of America
North Carolina
$270K +$176K +21,537 +529%
Point72 Asset Management
31
Point72 Asset Management
Connecticut
$270K +$209K +25,600 New
IAS
32
Insigneo Advisory Services
Florida
$229K -$17.6K -2,158 -9%
VM
33
VPR Management
Texas
$181K – – –
CWM
34
Centric Wealth Management
Illinois
$172K -$81.6K -10,002 -32%
CC
35
Centiva Capital
New York
$168K +$8.16K +1,000 +7%
Legal & General Group
36
Legal & General Group
United Kingdom
$140K -$7.09K -869 -6%
TRCT
37
Tower Research Capital (TRC)
New York
$126K +$87.3K +10,705 +837%
LA
38
Legacy Advisors
Pennsylvania
$122K +$102K +12,444 New
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$78K -$6.03K -739 -9%
BCV
40
Banque Cantonale Vaudoise
Switzerland
$68K – – –
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$60.3K – – –
Osaic Holdings
42
Osaic Holdings
Arizona
$42.6K -$2.73K -335 -8%
Fidelity Investments
43
Fidelity Investments
Massachusetts
$9.81K – – –
Wells Fargo
44
Wells Fargo
California
$9.48K +$3.26K +400 +80%
BlackRock
45
BlackRock
New York
$9.28K – – –
BIA
46
Bell Investment Advisors
California
$1.15K – – –
AssetMark Inc
47
AssetMark Inc
California
$874 – – –
Group One Trading
48
Group One Trading
Illinois
$874 – – –
GI
49
GAMMA Investing
California
$737 +$571 +70 New
UBS Group
50
UBS Group
Switzerland
$11 -$1.66K -203 -100%
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BAK Hedge Fund Activity: Q1 2024 in Review

50 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q1 2024, worth a combined $88.8M — up 89% from $46.9M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of BAK and 10 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 17 added.

The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $16.5M. The largest seller was Renaissance Technologies, cutting an estimated $6.34M.

  • 50 institutional investors held Braskem (BAK) as of Q1 2024, down from 56 in Q4 2023.
  • Funds reported $88.8M of Braskem stock for Q1 2024, up 89% quarter-over-quarter.
  • 10 funds opened new Braskem positions in Q1 2024 and 16 closed out, a net change of -6 holders.
  • The largest Braskem buyer in Q1 2024 was Oaktree Capital Management, an estimated $16.5M added.
  • The largest Braskem seller in Q1 2024 was Renaissance Technologies, an estimated $6.34M sold.

Based on aggregated 13F filings for Q1 2024.