Banco Bradesco
240 hedge funds and large institutions have $2.31B invested in Banco Bradesco in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 99 increasing their positions, 78 reducing their positions, and 32 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 78
24% more capital invested
Capital invested by funds: $1.86B → $2.31B (+$443M)
1.25% more ownership
Funds ownership: 15.67% → 16.92% (+1.3%)
2% less funds holding
Funds holding: 244 → 240 (-4)
13% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 32
21% less call options, than puts
Call options by funds: $8.05M | Put options by funds: $10.2M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$142M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$101M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$75.1M |
| 4 |
Two Sigma Investments
New York
|
+$38.2M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$34.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$163M |
| 2 |
BlackRock
New York
|
-$99M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$53M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$28.1M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$24.9M |
BBD Hedge Fund Activity: Q3 2024 in Review
240 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Banco Bradesco (BBD) for Q3 2024, worth a combined $2.31B — up 24% from $1.86B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of BBD and 28 opened new positions — a net loss of 4 holders — while 78 trimmed existing stakes and 99 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $142M. The largest seller was Sprucegrove Investment Management, exiting entirely with an estimated $163M sold.
- 240 institutional investors held Banco Bradesco (BBD) as of Q3 2024, down from 244 in Q2 2024.
- Funds reported $2.31B of Banco Bradesco stock for Q3 2024, up 24% quarter-over-quarter.
- 28 funds opened new Banco Bradesco positions in Q3 2024 and 32 closed out, a net change of -4 holders.
- The largest Banco Bradesco buyer in Q3 2024 was Massachusetts Financial Services, an estimated $142M added.
- The largest Banco Bradesco seller in Q3 2024 was Sprucegrove Investment Management, an estimated $163M sold.
Based on aggregated 13F filings for Q3 2024.