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Braskem
BAK

59 hedge funds and large institutions have $60.9M invested in Braskem in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 9

46% more capital invested

Capital invested by funds: $41.7M → $60.9M (+$19.1M)

33% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 15

11% more funds holding

Funds holding: 53 → 59 (+6)

0.05% less ownership

Funds ownership: 1.56% → 1.51% (-0.05%)

Holders
59
Holders Change
+6
Holders Change %
+11.32%
% of All Funds
0.93%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
20
Reduced
15
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
+$4.33M
2
Morgan Stanley
Morgan Stanley
New York
+$3.71M
3
Optiver Holding
Optiver Holding
Netherlands
+$3.38M
4
JF
Jump Financial
Illinois
+$1.08M
5
Verition Fund Management
Verition Fund Management
Connecticut
+$947K

Top Sellers

Rank Fund Capital Flow
1
NIG
NFJ Investment Group
Texas
-$9.99M
2
Two Sigma Investments
Two Sigma Investments
New York
-$3.33M
3
Bank of America
Bank of America
North Carolina
-$1.11M
4
VA
Verdad Advisers
Massachusetts
-$1M
5
MIC
Maxi Investments CY
Cyprus
-$770K
Name Holding Trade Value Shares
Change 		Change in
Stake
BAM
51
Byrne Asset Management
New Jersey
$19K -$6.63K -700 -30%
BlackRock
52
BlackRock
New York
$16.1K – – –
TRCT
53
Tower Research Capital (TRC)
New York
$10.7K +$8.23K +869 +1,640%
IA
54
IFP Advisors
Florida
$1.75K – – –
AssetMark Inc
55
AssetMark Inc
California
$1.21K -$284 -30 -22%
Group One Trading
56
Group One Trading
Illinois
$967 -$9.47K -1,000 -92%
JWA
57
JFS Wealth Advisors
Pennsylvania
$455 +$47 +5 +15%
TWD
58
True Wealth Design
Ohio
$47 – – –
NIG
59
NFJ Investment Group
Texas
– -$9.99M -1,297,469 Closed
VA
60
Verdad Advisers
Massachusetts
– -$1M -130,000 Closed
MIC
61
Maxi Investments CY
Cyprus
– -$770K -100,000 Closed
Two Sigma Advisers
62
Two Sigma Advisers
New York
– -$372K -48,300 Closed
UBS Group
63
UBS Group
Switzerland
– -$63.1K -8,192 Closed
ACA
64
Atlas Capital Advisors
Wyoming
– -$5.56K -722 Closed
BAM
65
Belpointe Asset Management
Nevada
– -$3.87K -502 Closed
BTI
66
Blue Trust Inc
Georgia
– -$4.12K -435 -97%
SSC
67
Syverson Strege & Co
Iowa
– -$231 -30 Closed
PNC Financial Services Group
68
PNC Financial Services Group
Pennsylvania
– -$169 -22 Closed
1 2
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BAK Hedge Fund Activity: Q2 2023 in Review

59 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q2 2023, worth a combined $60.9M — up 46% from $41.7M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new BAK positions and 9 closed out — a net gain of 6 holders — while 20 added to existing stakes and 15 trimmed.

The largest buyer was Millennium Management, adding an estimated $4.33M. The largest seller was NFJ Investment Group, exiting entirely with an estimated $9.99M sold.

  • 59 institutional investors held Braskem (BAK) as of Q2 2023, up from 53 in Q1 2023.
  • Funds reported $60.9M of Braskem stock for Q2 2023, up 46% quarter-over-quarter.
  • 15 funds opened new Braskem positions in Q2 2023 and 9 closed out, a net change of +6 holders.
  • The largest Braskem buyer in Q2 2023 was Millennium Management, an estimated $4.33M added.
  • The largest Braskem seller in Q2 2023 was NFJ Investment Group, an estimated $9.99M sold.

Based on aggregated 13F filings for Q2 2023.