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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
0.82%
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

BAK Hedge Fund Activity: Q3 2023 in Review

52 of the 6,310 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.