Braskem
BAK
56 hedge funds and large institutions have $46.9M invested in Braskem in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
8% more funds holding
Funds holding: 52 → 56 (+4)
4% more capital invested
Capital invested by funds: $44.9M → $46.9M (+$1.97M)
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
0.04% less ownership
Funds ownership: 1.57% → 1.53% (-0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.71M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$1.33M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.14M |
| 4 |
Walleye Capital
New York
|
+$1.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$843K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Optiver Holding
Amsterdam,
Netherlands
|
-$3.15M |
| 2 |
Millennium Management
New York
|
-$2.83M |
| 3 |
Jane Street
New York
|
-$2.52M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.15M |
| 5 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$992K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTI
51
Blue Trust Inc
Alpharetta,
Georgia
| $2K | +$1.57K | +206 | New |
|
52
UBS Group
Zurich,
Switzerland
| $1.8K | +$1.56K | +204 | New |
|
|
BIA
53
Bell Investment Advisors
Oakland,
California
| $962 | -$191 | -25 | -19% |
|
54
AssetMark Inc
Concord,
California
| $732 | -$160 | -21 | -20% |
|
55
Group One Trading
Chicago,
Illinois
| $732 | – | – | – |
|
56
JP Morgan Chase
New York
| $309 | -$466K | -60,995 | -100% |
|
|
TVAMP
57
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
| $150 | +$130 | +17 | New |
|
|
58
Jane Street
New York
| – | -$2.52M | -307,041 | Closed |
|
|
FLC
59
Fifth Lane Capital
Austin,
Texas
| – | -$493K | -60,000 | Closed |
|
60
Stifel Financial
St. Louis,
Missouri
| – | -$101K | -12,300 | Closed |
|
|
EI
61
Ethic Inc
New York
| – | -$89.2K | -10,866 | Closed |
|
62
Cerity Partners
New York
| – | -$86.7K | -10,561 | Closed |
|
|
AGM
63
Alpine Global Management
New York
| – | -$82.1K | -10,000 | Closed |
|
|
JWA
64
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$239 | -29 | Closed |
|
|
TWD
65
True Wealth Design
Akron,
Ohio
| – | -$42 | -5 | Closed |
|
BAK Hedge Fund Activity: Q4 2023 in Review
56 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q4 2023, worth a combined $46.9M — up 4.4% from $44.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BAK positions and 9 closed out — a net gain of 4 holders — while 18 added to existing stakes and 18 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $2.71M. The largest seller was Optiver Holding, cutting an estimated $3.15M.
- 56 institutional investors held Braskem (BAK) as of Q4 2023, up from 52 in Q3 2023.
- Funds reported $46.9M of Braskem stock for Q4 2023, up 4.4% quarter-over-quarter.
- 13 funds opened new Braskem positions in Q4 2023 and 9 closed out, a net change of +4 holders.
- The largest Braskem buyer in Q4 2023 was Renaissance Technologies, an estimated $2.71M added.
- The largest Braskem seller in Q4 2023 was Optiver Holding, an estimated $3.15M sold.
Based on aggregated 13F filings for Q4 2023.