Braskem
BAK
52 hedge funds and large institutions have $44.9M invested in Braskem in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 13 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
0.07% more ownership
Funds ownership: 1.51% → 1.57% (+0.07%)
12% less funds holding
Funds holding: 59 → 52 (-7)
26% less capital invested
Capital invested by funds: $60.9M → $44.9M (-$16M)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.21M |
| 2 |
Jane Street
New York
|
+$2.15M |
| 3 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$1.56M |
| 4 |
Millennium Management
New York
|
+$1.46M |
| 5 |
Goldman Sachs
New York
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.61M |
| 2 |
Squarepoint
New York
|
-$1.36M |
| 3 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$1.35M |
| 4 |
MPM
MBB Public Markets
Chicago,
Illinois
|
-$593K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
-$476K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWA
51
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $239 | -$97 | -10 | -26% |
|
|
TWD
52
True Wealth Design
Akron,
Ohio
| $42 | +$10 | +1 | +25% |
|
|
53
Squarepoint
New York
| – | -$1.36M | -116,391 | Closed |
|
|
BBP
54
Banco BTG Pactual
Rio De Janeiro,
Brazil
| – | -$1.35M | -115,974 | Closed |
|
|
MPM
55
MBB Public Markets
Chicago,
Illinois
| – | -$593K | -50,900 | Closed |
|
|
S2L
56
Sparta 24 Ltd
Tirat Hacarmel,
Israel
| – | -$318K | -27,276 | Closed |
|
|
CAC
57
Cowen and Company
New York
| – | -$218K | -18,744 | Closed |
|
|
SSA
58
Schonfeld Strategic Advisors
New York
| – | -$198K | -17,000 | Closed |
|
|
PMAM
59
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$186K | -16,000 | Closed |
|
60
Citadel Advisors
Miami,
Florida
| – | -$158K | -13,596 | Closed |
|
|
EGM
61
Engineers Gate Manager
New York
| – | -$145K | -12,456 | Closed |
|
|
FRM
62
Fox Run Management
Greenwich,
Connecticut
| – | -$133K | -11,395 | Closed |
|
|
WG
63
Winton Group
London,
United Kingdom
| – | -$119K | -10,225 | Closed |
|
|
IA
64
IFP Advisors
Tampa,
Florida
| – | -$1.75K | -150 | Closed |
|
BAK Hedge Fund Activity: Q3 2023 in Review
52 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q3 2023, worth a combined $44.9M — down 26% from $60.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BAK and 6 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 18 added.
The largest buyer was Renaissance Technologies, adding an estimated $3.21M. The largest seller was Morgan Stanley, cutting an estimated $4.61M.
- 52 institutional investors held Braskem (BAK) as of Q3 2023, down from 59 in Q2 2023.
- Funds reported $44.9M of Braskem stock for Q3 2023, down 26% quarter-over-quarter.
- 6 funds opened new Braskem positions in Q3 2023 and 13 closed out, a net change of -7 holders.
- The largest Braskem buyer in Q3 2023 was Renaissance Technologies, an estimated $3.21M added.
- The largest Braskem seller in Q3 2023 was Morgan Stanley, an estimated $4.61M sold.
Based on aggregated 13F filings for Q3 2023.