Braskem
BAK
34 hedge funds and large institutions have $29.5M invested in Braskem in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 4 increasing their positions, 14 reducing their positions, and 12 closing their positions.
1.09% less ownership
Funds ownership: 2.04% → 0.95% (-1.1%)
11% less funds holding
Funds holding: 38 → 34 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
44% less capital invested
Capital invested by funds: $52.2M → $29.5M (-$22.7M)
71% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.15M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.15M |
| 3 |
Two Sigma Investments
New York
|
+$710K |
| 4 |
Millennium Management
New York
|
+$519K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$23.1M |
| 2 |
Lazard Asset Management
New York
|
-$4.13M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.21M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.91M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$770K |
BAK Hedge Fund Activity: Q4 2020 in Review
34 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q4 2020, worth a combined $29.5M — down 44% from $52.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BAK and 9 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 4 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $2.15M. The largest seller was Contrarian Capital Management, exiting entirely with an estimated $23.1M sold.
- 34 institutional investors held Braskem (BAK) as of Q4 2020, down from 38 in Q3 2020.
- Funds reported $29.5M of Braskem stock for Q4 2020, down 44% quarter-over-quarter.
- 9 funds opened new Braskem positions in Q4 2020 and 12 closed out, a net change of -3 holders.
- The largest Braskem buyer in Q4 2020 was Renaissance Technologies, an estimated $2.15M added.
- The largest Braskem seller in Q4 2020 was Contrarian Capital Management, an estimated $23.1M sold.
Based on aggregated 13F filings for Q4 2020.