Braskem
BAK
101 hedge funds and large institutions have $563M invested in Braskem in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 29 increasing their positions, 38 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
12% more funds holding
Funds holding: 90 → 101 (+11)
9% more capital invested
Capital invested by funds: $516M → $563M (+$46.6M)
24% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 38
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$77.2M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$10.6M |
| 3 |
EAM
Exane Asset Management
Paris,
France
|
+$9.41M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$7.14M |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$7.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.2M |
| 2 |
GCM
Gruss Capital Management
New York
|
-$8.69M |
| 3 |
HSA
Hussman Strategic Advisors
Ellicott City,
Maryland
|
-$6.68M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$6M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$5.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ED
101
Exane Derivatives
Paris,
France
| $26 | -$57 | -2 | -67% |
|
|
GCM
102
Gruss Capital Management
New York
| – | -$8.69M | -325,000 | Closed |
|
|
HSA
103
Hussman Strategic Advisors
Ellicott City,
Maryland
| – | -$6.68M | -250,000 | Closed |
|
|
MWNA
104
Marshall Wace North America
New York
| – | -$5.35M | -198,023 | Closed |
|
105
Jane Street
New York
| – | -$1.68M | -62,768 | Closed |
|
|
USGIU
106
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$1.5M | -56,000 | Closed |
|
|
YMRC
107
Yorktown Management & Research Company
Forest,
Virginia
| – | -$412K | -15,400 | Closed |
|
|
VF
108
Virtu Financial
New York
| – | -$314K | -11,737 | Closed |
|
109
SG Americas Securities
New York
| – | -$133K | -4,965 | Closed |
|
|
IR
110
Invictus RG
Hamilton,
Bermuda
| – | -$48K | -1,786 | Closed |
|
|
QT
111
Quantbot Technologies
New York
| – | -$38K | -1,455 | Closed |
|
|
CG
112
Cutler Group
San Francisco,
California
| – | -$2.86K | -100 | Closed |
|
|
SPIA
113
Steward Partners Investment Advisory
New York
| – | -$1K | -50 | Closed |
|
BAK Hedge Fund Activity: Q4 2017 in Review
101 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q4 2017, worth a combined $563M — up 9% from $516M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BAK positions and 12 closed out — a net gain of 11 holders — while 29 added to existing stakes and 38 trimmed.
The largest buyer was Adage Capital Partners, adding an estimated $77.2M. The largest seller was Arrowstreet Capital, cutting an estimated $13.2M.
- 101 institutional investors held Braskem (BAK) as of Q4 2017, up from 90 in Q3 2017.
- Funds reported $563M of Braskem stock for Q4 2017, up 9% quarter-over-quarter.
- 23 funds opened new Braskem positions in Q4 2017 and 12 closed out, a net change of +11 holders.
- The largest Braskem buyer in Q4 2017 was Adage Capital Partners, an estimated $77.2M added.
- The largest Braskem seller in Q4 2017 was Arrowstreet Capital, an estimated $13.2M sold.
Based on aggregated 13F filings for Q4 2017.