Braskem
BAK
104 hedge funds and large institutions have $616M invested in Braskem in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 33 reducing their positions, and 18 closing their positions.
198% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $775K
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
9% more capital invested
Capital invested by funds: $563M → $616M (+$52.9M)
3% more funds holding
Funds holding: 101 → 104 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.05% less ownership
Funds ownership: 5.39% → 5.34% (-0.05%)
9% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$12.5M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$11M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.8M |
| 4 |
Morgan Stanley
New York
|
+$10.6M |
| 5 |
BS
Banco Santander
Madrid,
Spain
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$22.1M |
| 2 |
Millennium Management
New York
|
-$9.1M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$8.68M |
| 4 |
EAM
Exane Asset Management
Paris,
France
|
-$8.65M |
| 5 |
CANY
Caxton Associates (New York)
New York
|
-$6.04M |
BAK Hedge Fund Activity: Q1 2018 in Review
104 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q1 2018, worth a combined $616M — up 9.4% from $563M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BAK positions and 18 closed out — a net gain of 4 holders — while 30 added to existing stakes and 33 trimmed.
The largest buyer was Bank of America, adding an estimated $12.5M. The largest seller was Adage Capital Partners, cutting an estimated $22.1M.
- 104 institutional investors held Braskem (BAK) as of Q1 2018, up from 101 in Q4 2017.
- Funds reported $616M of Braskem stock for Q1 2018, up 9.4% quarter-over-quarter.
- 22 funds opened new Braskem positions in Q1 2018 and 18 closed out, a net change of +4 holders.
- The largest Braskem buyer in Q1 2018 was Bank of America, an estimated $12.5M added.
- The largest Braskem seller in Q1 2018 was Adage Capital Partners, an estimated $22.1M sold.
Based on aggregated 13F filings for Q1 2018.