We are live on ! Find out more
BAK icon

Braskem
BAK

61 hedge funds and large institutions have $302M invested in Braskem in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 9 increasing their positions, 27 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more call options, than puts

Call options by funds: $471K | Put options by funds: $220K

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

7% more funds holding

Funds holding: 57 → 61 (+4)

7% more capital invested

Capital invested by funds: $283M → $302M (+$19.2M)

67% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 27

Holders
61
Holders Change
+4
Holders Change %
+7.02%
% of All Funds
1.77%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
15
Increased
9
Reduced
27
Closed
11
Calls
$471K
Puts
$220K
Net Calls
+$251K
Net Calls Change
-$1.01M

Top Buyers

Rank Fund Capital Flow
1
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$16.7M
2
Morgan Stanley
Morgan Stanley
New York
+$7.26M
3
BIT
BlackRock Institutional Trust
California
+$2.29M
4
AG
Ashmore Group
United Kingdom
+$1.95M
5
Macquarie Group
Macquarie Group
Australia
+$1.52M

Top Sellers

Rank Fund Capital Flow
1
GTP
Global Thematic Partners
New York
-$12.5M
2
Deutsche Bank
Deutsche Bank
Germany
-$10M
3
NCM
Newgate Capital Management
Connecticut
-$5.9M
4
Credit Agricole
Credit Agricole
France
-$5.51M
5
RFC
Russell Frank Company
Washington
-$2.37M
Name Holding Trade Value Shares
Change 		Change in
Stake
PAMU
51
Pictet Asset Management (UK)
United Kingdom
$42K -$39.2K -2,250 -49%
Ameriprise
52
Ameriprise
Minnesota
$31K – – –
BAM
53
Brave Asset Management
New Jersey
$18K +$17.4K +1,000 New
Fifth Third Bancorp
54
Fifth Third Bancorp
Ohio
$17K – – –
BFA
55
BlackRock Fund Advisors
California
$8K – – –
US Bancorp
56
US Bancorp
Minnesota
$7K – – –
Wells Fargo
57
Wells Fargo
California
$5K -$55K -3,158 -92%
EFSCE
58
Enterprise Financial Services Corp (EFSC)
Missouri
$3K – – –
FHA
59
First Horizon Advisors
Tennessee
$3K +$4.68K +269 New
Citigroup
60
Citigroup
New York
$1K -$39.4K -2,265 -97%
LIA
61
LS Investment Advisors
Michigan
$1K – – –
AIG
62
American International Group
New York
$232 – – –
NCM
63
Newgate Capital Management
Connecticut
– -$5.9M -370,073 Closed
NI
64
Numeric Investors
Massachusetts
– -$2.01M -125,784 Closed
Barclays
65
Barclays
United Kingdom
– -$1.46M -83,814 Closed
Jane Street
66
Jane Street
New York
– -$572K -35,866 Closed
Millennium Management
67
Millennium Management
New York
– -$512K -32,108 Closed
GH
68
GAM Holding
Switzerland
– -$396K -24,800 Closed
EMG
69
Ellington Management Group
Connecticut
– -$316K -19,800 Closed
First Trust Advisors
70
First Trust Advisors
Illinois
– -$164K -10,263 Closed
Nordea Investment Management
71
Nordea Investment Management
Sweden
– -$113K -7,100 Closed
1 2
3

BAK Hedge Fund Activity: Q4 2013 in Review

61 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q4 2013, worth a combined $302M — up 6.8% from $283M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new BAK positions and 11 closed out — a net gain of 4 holders — while 9 added to existing stakes and 27 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $16.7M. The largest seller was Global Thematic Partners, cutting an estimated $12.5M.

  • 61 institutional investors held Braskem (BAK) as of Q4 2013, up from 57 in Q3 2013.
  • Funds reported $302M of Braskem stock for Q4 2013, up 6.8% quarter-over-quarter.
  • 15 funds opened new Braskem positions in Q4 2013 and 11 closed out, a net change of +4 holders.
  • The largest Braskem buyer in Q4 2013 was Acadian Asset Management, an estimated $16.7M added.
  • The largest Braskem seller in Q4 2013 was Global Thematic Partners, an estimated $12.5M sold.

Based on aggregated 13F filings for Q4 2013.