Banco Bradesco
203 hedge funds and large institutions have $7B invested in Banco Bradesco in 2017 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 63 increasing their positions, 73 reducing their positions, and 28 closing their positions.
43% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 28
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
6% more funds holding
Funds holding: 192 → 203 (+11)
0.26% more ownership
Funds ownership: 39.04% → 39.3% (+0.26%)
7% less capital invested
Capital invested by funds: $7.5B → $7B (-$505M)
14% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 73
64% less call options, than puts
Call options by funds: $7.84M | Put options by funds: $21.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$107M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$89.4M |
| 3 |
Renaissance Technologies
New York
|
+$37.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$31.6M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$28.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$118M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$71.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$53.1M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$35.9M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$30.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
226
Central Trust Company
Jefferson City,
Missouri
| – | -$6K | -935 | Closed |
|
227
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$1K | -90 | Closed |
|
|
FCMT
228
Founders Capital Management (Texas)
Houston,
Texas
| – | +$12 | +2 | New |
|
229
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$443 | +74 | New |
|
BBD Hedge Fund Activity: Q4 2017 in Review
203 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Banco Bradesco (BBD) for Q4 2017, worth a combined $7B — down 6.7% from $7.5B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new BBD positions and 28 closed out — a net gain of 12 holders — while 63 added to existing stakes and 73 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $107M. The largest seller was BlackRock, cutting an estimated $118M.
- 203 institutional investors held Banco Bradesco (BBD) as of Q4 2017, up from 192 in Q3 2017.
- Funds reported $7B of Banco Bradesco stock for Q4 2017, down 6.7% quarter-over-quarter.
- 40 funds opened new Banco Bradesco positions in Q4 2017 and 28 closed out, a net change of +12 holders.
- The largest Banco Bradesco buyer in Q4 2017 was Goldman Sachs, an estimated $107M added.
- The largest Banco Bradesco seller in Q4 2017 was BlackRock, an estimated $118M sold.
Based on aggregated 13F filings for Q4 2017.