Braskem
BAK
50 hedge funds and large institutions have $88.8M invested in Braskem in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 16 closing their positions.
89% more capital invested
Capital invested by funds: $46.9M → $88.8M (+$41.9M)
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
0.91% more ownership
Funds ownership: 1.53% → 2.44% (+0.91%)
11% less funds holding
Funds holding: 56 → 50 (-6)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$16.5M |
| 2 |
MPM
MBB Public Markets
Chicago,
Illinois
|
+$7.69M |
| 3 |
Morgan Stanley
New York
|
+$3.64M |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
+$3.36M |
| 5 |
Goldman Sachs
New York
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$6.34M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$2.11M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$974K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$677K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$605K |
BAK Hedge Fund Activity: Q1 2024 in Review
50 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Braskem (BAK) for Q1 2024, worth a combined $88.8M — up 89% from $46.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BAK and 10 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $16.5M. The largest seller was Renaissance Technologies, cutting an estimated $6.34M.
- 50 institutional investors held Braskem (BAK) as of Q1 2024, down from 56 in Q4 2023.
- Funds reported $88.8M of Braskem stock for Q1 2024, up 89% quarter-over-quarter.
- 10 funds opened new Braskem positions in Q1 2024 and 16 closed out, a net change of -6 holders.
- The largest Braskem buyer in Q1 2024 was Oaktree Capital Management, an estimated $16.5M added.
- The largest Braskem seller in Q1 2024 was Renaissance Technologies, an estimated $6.34M sold.
Based on aggregated 13F filings for Q1 2024.