Braskem
BAK
78 hedge funds and large institutions have $134M invested in Braskem in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 32 reducing their positions, and 7 closing their positions.
283% more call options, than puts
Call options by funds: $111K | Put options by funds: $29K
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
13% more funds holding
Funds holding: 69 → 78 (+9)
25% less capital invested
Capital invested by funds: $179M → $134M (-$45.4M)
41% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 32
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$6.55M |
| 2 |
HSA
Hussman Strategic Advisors
Ellicott City,
Maryland
|
+$3.83M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.5M |
| 4 |
Millennium Management
New York
|
+$1.89M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.05M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$5.01M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.4M |
| 5 |
AG
Ashmore Group
London,
United Kingdom
|
-$3.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
76
Cutler Group
San Francisco,
California
| $1K | -$20.9K | -1,633 | -93% |
|
|
LIA
77
LS Investment Advisors
Bloomfield Hills,
Michigan
| $1K | – | – | – |
|
|
MFS
78
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
79
Two Sigma Investments
New York
| – | -$3.06M | -226,198 | Closed |
|
|
NI
80
Numeric Investors
Boston,
Massachusetts
| – | -$3.04M | -224,266 | Closed |
|
|
WI
81
WBI Investments
Red Bank,
New Jersey
| – | -$1.33M | -97,925 | Closed |
|
|
CA
82
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$409K | -30,191 | Closed |
|
|
VKH
83
Virtu KCG Holdings
New York
| – | -$283K | -20,872 | Closed |
|
|
AAM
84
Advisors Asset Management
Monument,
Colorado
| – | -$151K | -11,118 | Closed |
|
|
IA
85
IFP Advisors
Tampa,
Florida
| – | -$3K | -249 | Closed |
|
BAK Hedge Fund Activity: Q1 2016 in Review
78 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q1 2016, worth a combined $134M — down 25% from $179M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BAK positions and 7 closed out — a net gain of 9 holders — while 19 added to existing stakes and 32 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $6.55M. The largest seller was Morgan Stanley, cutting an estimated $15.3M.
- 78 institutional investors held Braskem (BAK) as of Q1 2016, up from 69 in Q4 2015.
- Funds reported $134M of Braskem stock for Q1 2016, down 25% quarter-over-quarter.
- 16 funds opened new Braskem positions in Q1 2016 and 7 closed out, a net change of +9 holders.
- The largest Braskem buyer in Q1 2016 was Renaissance Technologies, an estimated $6.55M added.
- The largest Braskem seller in Q1 2016 was Morgan Stanley, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2016.