Braskem
BAK
92 hedge funds and large institutions have $310M invested in Braskem in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
78% more capital invested
Capital invested by funds: $175M → $310M (+$136M)
11% more funds holding
Funds holding: 83 → 92 (+9)
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
34% less call options, than puts
Call options by funds: $661K | Put options by funds: $996K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$30.9M |
| 2 |
Renaissance Technologies
New York
|
+$7.49M |
| 3 |
Two Sigma Investments
New York
|
+$6.08M |
| 4 |
Goldman Sachs
New York
|
+$5.35M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.19M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$4.45M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$3.82M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.98M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
101
SignatureFD
Atlanta,
Georgia
| – | -$15K | -982 | Closed |
|
|
SBL
102
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$15 | -950 | Closed |
|
103
Asset Management One
Tokyo,
Japan
| – | -$14K | -900 | Closed |
|
|
CG
104
Cutler Group
San Francisco,
California
| – | -$2.09K | -118 | Closed |
|
BAK Hedge Fund Activity: Q4 2016 in Review
92 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q4 2016, worth a combined $310M — up 78% from $175M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BAK positions and 12 closed out — a net gain of 10 holders — while 30 added to existing stakes and 29 trimmed.
The largest buyer was Contrarian Capital Management, adding an estimated $30.9M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $5.19M sold.
- 92 institutional investors held Braskem (BAK) as of Q4 2016, up from 83 in Q3 2016.
- Funds reported $310M of Braskem stock for Q4 2016, up 78% quarter-over-quarter.
- 22 funds opened new Braskem positions in Q4 2016 and 12 closed out, a net change of +10 holders.
- The largest Braskem buyer in Q4 2016 was Contrarian Capital Management, an estimated $30.9M added.
- The largest Braskem seller in Q4 2016 was Arrowstreet Capital, an estimated $5.19M sold.
Based on aggregated 13F filings for Q4 2016.