Braskem
BAK
60 hedge funds and large institutions have $110M invested in Braskem in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 16 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
3% less call options, than puts
Call options by funds: $131K | Put options by funds: $135K
6% less funds holding
Funds holding: 64 → 60 (-4)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
40% less capital invested
Capital invested by funds: $184M → $110M (-$74M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$9.38M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$7.94M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$6.41M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.91M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Ashmore Group
London,
United Kingdom
|
-$12.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.97M |
| 3 |
Morgan Stanley
New York
|
-$5.21M |
| 4 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$3.01M |
| 5 |
Millennium Management
New York
|
-$1.68M |
BAK Hedge Fund Activity: Q1 2015 in Review
60 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q1 2015, worth a combined $110M — down 40% from $184M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BAK and 12 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 23 added.
The largest buyer was BlackRock Institutional Trust, adding an estimated $9.38M. The largest seller was Ashmore Group, cutting an estimated $12.8M.
- 60 institutional investors held Braskem (BAK) as of Q1 2015, down from 64 in Q4 2014.
- Funds reported $110M of Braskem stock for Q1 2015, down 40% quarter-over-quarter.
- 12 funds opened new Braskem positions in Q1 2015 and 16 closed out, a net change of -4 holders.
- The largest Braskem buyer in Q1 2015 was BlackRock Institutional Trust, an estimated $9.38M added.
- The largest Braskem seller in Q1 2015 was Ashmore Group, an estimated $12.8M sold.
Based on aggregated 13F filings for Q1 2015.