Braskem
BAK
61 hedge funds and large institutions have $176M invested in Braskem in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 12 closing their positions.
162% more call options, than puts
Call options by funds: $354K | Put options by funds: $135K
8% less funds holding
Funds holding: 66 → 61 (-5)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
31% less capital invested
Capital invested by funds: $254M → $176M (-$77.9M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.02M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.09M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$788K |
| 4 |
Two Sigma Investments
New York
|
+$761K |
| 5 |
GTP
Global Thematic Partners
New York
|
+$699K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.5M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$9.87M |
| 3 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$8.19M |
| 4 |
Morgan Stanley
New York
|
-$2.27M |
| 5 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$1.71M |
BAK Hedge Fund Activity: Q2 2014 in Review
61 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q2 2014, worth a combined $176M — down 31% from $254M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BAK and 8 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 19 added.
The largest buyer was Macquarie Group, adding an estimated $2.02M. The largest seller was Deutsche Bank, cutting an estimated $16.5M.
- 61 institutional investors held Braskem (BAK) as of Q2 2014, down from 66 in Q1 2014.
- Funds reported $176M of Braskem stock for Q2 2014, down 31% quarter-over-quarter.
- 8 funds opened new Braskem positions in Q2 2014 and 12 closed out, a net change of -4 holders.
- The largest Braskem buyer in Q2 2014 was Macquarie Group, an estimated $2.02M added.
- The largest Braskem seller in Q2 2014 was Deutsche Bank, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2014.