Braskem
BAK
85 hedge funds and large institutions have $454M invested in Braskem in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 36 reducing their positions, and 22 closing their positions.
2,292% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $782K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 93 → 85 (-8)
26% less capital invested
Capital invested by funds: $611M → $454M (-$157M)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
42% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$6.68M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$4.8M |
| 3 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$4.33M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.33M |
| 5 |
Millennium Management
New York
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.7M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.7M |
| 4 |
BlackRock
New York
|
-$5M |
| 5 |
Goldman Sachs
New York
|
-$4.78M |
BAK Hedge Fund Activity: Q4 2018 in Review
85 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q4 2018, worth a combined $454M — down 26% from $611M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BAK and 15 opened new positions — a net loss of 7 holders — while 36 trimmed existing stakes and 21 added.
The largest buyer was ING Group, opening a new position worth an estimated $6.68M. The largest seller was Morgan Stanley, cutting an estimated $32.7M.
- 85 institutional investors held Braskem (BAK) as of Q4 2018, down from 93 in Q3 2018.
- Funds reported $454M of Braskem stock for Q4 2018, down 26% quarter-over-quarter.
- 15 funds opened new Braskem positions in Q4 2018 and 22 closed out, a net change of -7 holders.
- The largest Braskem buyer in Q4 2018 was ING Group, an estimated $6.68M added.
- The largest Braskem seller in Q4 2018 was Morgan Stanley, an estimated $32.7M sold.
Based on aggregated 13F filings for Q4 2018.