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Braskem
BAK

52 hedge funds and large institutions have $44.9M invested in Braskem in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 16

0.07% more ownership

Funds ownership: 1.51% → 1.57% (+0.07%)

12% less funds holding

Funds holding: 59 → 52 (-7)

26% less capital invested

Capital invested by funds: $60.9M → $44.9M (-$16M)

54% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 13

Holders
52
Holders Change
-7
Holders Change %
-11.86%
% of All Funds
0.83%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
18
Reduced
16
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Renaissance Technologies
Renaissance Technologies
New York
+$3.21M
2
Jane Street
Jane Street
New York
+$2.15M
3
CWM
Centric Wealth Management
Illinois
+$1.56M
4
Millennium Management
Millennium Management
New York
+$1.46M
5
Goldman Sachs
Goldman Sachs
New York
+$807K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$4.61M
2
Squarepoint
Squarepoint
New York
-$1.36M
3
BBP
Banco BTG Pactual
Brazil
-$1.35M
4
MPM
MBB Public Markets
Illinois
-$593K
5
JF
Jump Financial
Illinois
-$476K
Name Holding Trade Value Shares
Change 		Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$7.13M +$3.21M +331,300 +62%
Millennium Management
2
Millennium Management
New York
$6.42M +$1.46M +150,892 +24%
Vanguard Group
3
Vanguard Group
Pennsylvania
$5.44M +$322K +33,298 +5%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$4.31M -$248K -25,641 -5%
Optiver Holding
5
Optiver Holding
Netherlands
$3.43M +$580K +59,916 +17%
Verition Fund Management
6
Verition Fund Management
Connecticut
$3.28M – – –
Jane Street
7
Jane Street
New York
$2.52M +$2.15M +222,237 +262%
State Street
8
State Street
Massachusetts
$1.67M +$27.5K +2,838 +1%
CWM
9
Centric Wealth Management
Illinois
$1.32M +$1.56M +160,960 New
American Century Companies
10
American Century Companies
Missouri
$873K +$195K +20,112 +23%
Goldman Sachs
11
Goldman Sachs
New York
$829K +$807K +83,333 +472%
SGDR
12
SPX Gestao de Recursos
Brazil
$536K +$632K +65,286 New
JF
13
Jump Financial
Illinois
$530K -$476K -49,198 -43%
Walleye Capital
14
Walleye Capital
New York
$513K +$605K +62,495 New
JP Morgan Chase
15
JP Morgan Chase
New York
$501K +$4.03K +416 +0.7%
FLC
16
Fifth Lane Capital
Texas
$493K +$436K +45,000 +300%
CSS
17
Cubist Systematic Strategies
Connecticut
$444K -$186K -19,263 -26%
Morgan Stanley
18
Morgan Stanley
New York
$401K -$4.61M -475,837 -91%
TI
19
Trexquant Investment
Connecticut
$392K +$51.2K +5,294 +12%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$370K -$30.1K -3,108 -6%
Schroder Investment Management Group
21
Schroder Investment Management Group
United Kingdom
$363K -$30.1K -3,108 -6%
Norges Bank
22
Norges Bank
Norway
$337K – – –
SA
23
Shilanski & Associates
Alaska
$315K – – –
Two Sigma Investments
24
Two Sigma Investments
New York
$314K -$224K -23,107 -38%
CC
25
Centiva Capital
New York
$281K -$64.8K -6,700 -16%
1
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BAK Hedge Fund Activity: Q3 2023 in Review

52 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q3 2023, worth a combined $44.9M — down 26% from $60.9M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of BAK and 6 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 18 added.

The largest buyer was Renaissance Technologies, adding an estimated $3.21M. The largest seller was Morgan Stanley, cutting an estimated $4.61M.

  • 52 institutional investors held Braskem (BAK) as of Q3 2023, down from 59 in Q2 2023.
  • Funds reported $44.9M of Braskem stock for Q3 2023, down 26% quarter-over-quarter.
  • 6 funds opened new Braskem positions in Q3 2023 and 13 closed out, a net change of -7 holders.
  • The largest Braskem buyer in Q3 2023 was Renaissance Technologies, an estimated $3.21M added.
  • The largest Braskem seller in Q3 2023 was Morgan Stanley, an estimated $4.61M sold.

Based on aggregated 13F filings for Q3 2023.