Braskem
BAK
66 hedge funds and large institutions have $229M invested in Braskem in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
8% more funds holding
Funds holding: 61 → 66 (+5)
24% less capital invested
Capital invested by funds: $302M → $229M (-$73.2M)
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
79% less call options, than puts
Call options by funds: $704K | Put options by funds: $3.4M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GTP
Global Thematic Partners
New York
|
+$3.53M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.55M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.66M |
| 4 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$1.16M |
| 5 |
ST
Spot Trading
Chicago,
Illinois
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.64M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.66M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$2.4M |
| 4 |
Renaissance Technologies
New York
|
-$1.93M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.39M |
BAK Hedge Fund Activity: Q1 2014 in Review
66 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q1 2014, worth a combined $229M — down 24% from $302M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BAK positions and 7 closed out — a net gain of 7 holders — while 16 added to existing stakes and 22 trimmed.
The largest buyer was Global Thematic Partners, adding an estimated $3.53M. The largest seller was Morgan Stanley, cutting an estimated $7.64M.
- 66 institutional investors held Braskem (BAK) as of Q1 2014, up from 61 in Q4 2013.
- Funds reported $229M of Braskem stock for Q1 2014, down 24% quarter-over-quarter.
- 14 funds opened new Braskem positions in Q1 2014 and 7 closed out, a net change of +7 holders.
- The largest Braskem buyer in Q1 2014 was Global Thematic Partners, an estimated $3.53M added.
- The largest Braskem seller in Q1 2014 was Morgan Stanley, an estimated $7.64M sold.
Based on aggregated 13F filings for Q1 2014.