Braskem
BAK
43 hedge funds and large institutions have $78.4M invested in Braskem in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 14 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
0.04% less ownership
Funds ownership: 1.07% → 1.03% (-0.04%)
9% less funds holding
Funds holding: 47 → 43 (-4)
12% less capital invested
Capital invested by funds: $88.8M → $78.4M (-$10.4M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.71M |
| 2 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$2.25M |
| 3 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
+$2.25M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$2.15M |
| 5 |
Renaissance Technologies
New York
|
+$853K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$4.5M |
| 2 |
Two Sigma Investments
New York
|
-$3.28M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.85M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.39M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
51
Prelude Capital Management
New York
| – | -$229K | -9,600 | Closed |
|
52
American Century Companies
Kansas City,
Missouri
| – | -$205K | -8,615 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$31K | -1,287 | Closed |
|
|
TPCW
54
TD Private Client Wealth
New York
| – | -$22.9K | -960 | Closed |
|
|
LWM
55
Liberty Wealth Management
Oakland,
California
| – | -$2K | -97 | Closed |
|
56
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -77 | Closed |
|
|
GWS
57
Glassman Wealth Services
Vienna,
Virginia
| – | +$162 | +7 | New |
|
BAK Hedge Fund Activity: Q3 2021 in Review
43 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q3 2021, worth a combined $78.4M — down 12% from $88.8M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BAK and 10 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was Acadian Asset Management, adding an estimated $2.71M. The largest seller was JP Morgan Chase, cutting an estimated $4.5M.
- 43 institutional investors held Braskem (BAK) as of Q3 2021, down from 47 in Q2 2021.
- Funds reported $78.4M of Braskem stock for Q3 2021, down 12% quarter-over-quarter.
- 10 funds opened new Braskem positions in Q3 2021 and 14 closed out, a net change of -4 holders.
- The largest Braskem buyer in Q3 2021 was Acadian Asset Management, an estimated $2.71M added.
- The largest Braskem seller in Q3 2021 was JP Morgan Chase, an estimated $4.5M sold.
Based on aggregated 13F filings for Q3 2021.