Braskem
BAK
100 hedge funds and large institutions have $451M invested in Braskem in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 12 closing their positions.
3,108% more call options, than puts
Call options by funds: $59.4M | Put options by funds: $1.85M
133% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 12
18% more funds holding
Funds holding: 85 → 100 (+15)
1% less capital invested
Capital invested by funds: $454M → $451M (-$3.58M)
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
+$10.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.87M |
| 3 |
Jane Street
New York
|
+$4.03M |
| 4 |
Lazard Asset Management
New York
|
+$3.69M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$26.3M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$14.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.3M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$8.26M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$6.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCM
101
Newfoundland Capital Management
Sao Paulo,
Brazil
| – | -$4.84M | -174,840 | Closed |
|
|
TG
102
TCW Group
Los Angeles,
California
| – | -$878K | -35,900 | Closed |
|
|
WCA
103
Windsor Creek Advisors
Bethel,
Vermont
| – | -$758K | -31,000 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$811K | -29,328 | Closed |
|
105
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$393K | -16,049 | Closed |
|
106
Acadian Asset Management
Boston,
Massachusetts
| – | -$345K | -14,099 | Closed |
|
|
GWM
107
Geneos Wealth Management
Englewood,
Colorado
| – | -$305K | -12,556 | Closed |
|
|
AAM
108
Advisors Asset Management
Monument,
Colorado
| – | -$231K | -9,428 | Closed |
|
|
TI
109
Trexquant Investment
Stamford,
Connecticut
| – | -$212K | -8,661 | Closed |
|
|
ZIG
110
Zurich Insurance Group
Zurich,
Switzerland
| – | -$38K | -1,568 | Closed |
|
BAK Hedge Fund Activity: Q1 2019 in Review
100 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q1 2019, worth a combined $451M — down 0.79% from $454M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BAK positions and 12 closed out — a net gain of 16 holders — while 25 added to existing stakes and 33 trimmed.
The largest buyer was Moore Capital Management, opening a new position worth an estimated $10.5M. The largest seller was Adage Capital Partners, cutting an estimated $26.3M.
- 100 institutional investors held Braskem (BAK) as of Q1 2019, up from 85 in Q4 2018.
- Funds reported $451M of Braskem stock for Q1 2019, down 0.79% quarter-over-quarter.
- 28 funds opened new Braskem positions in Q1 2019 and 12 closed out, a net change of +16 holders.
- The largest Braskem buyer in Q1 2019 was Moore Capital Management, an estimated $10.5M added.
- The largest Braskem seller in Q1 2019 was Adage Capital Partners, an estimated $26.3M sold.
Based on aggregated 13F filings for Q1 2019.