Banco Bradesco
224 hedge funds and large institutions have $2.49B invested in Banco Bradesco in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 70 increasing their positions, 85 reducing their positions, and 28 closing their positions.
0.13% less ownership
Funds ownership: 16.55% → 16.42% (-0.13%)
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
1% less funds holding
Funds holding: 227 → 224 (-3)
17% less capital invested
Capital invested by funds: $3B → $2.49B (-$518M)
18% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 85
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
41% less call options, than puts
Call options by funds: $13.9M | Put options by funds: $23.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$61.4M |
| 2 |
Goldman Sachs
New York
|
+$61.2M |
| 3 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
+$45.3M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$45M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$175M |
| 2 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
-$87.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$24M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$19.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$9.68M |
BBD Hedge Fund Activity: Q3 2023 in Review
224 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Banco Bradesco (BBD) for Q3 2023, worth a combined $2.49B — down 17% from $3B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BBD and 26 opened new positions — a net loss of 2 holders — while 85 trimmed existing stakes and 70 added.
The largest buyer was Causeway Capital Management, adding an estimated $61.4M. The largest seller was Aberdeen Group, cutting an estimated $175M.
- 224 institutional investors held Banco Bradesco (BBD) as of Q3 2023, down from 227 in Q2 2023.
- Funds reported $2.49B of Banco Bradesco stock for Q3 2023, down 17% quarter-over-quarter.
- 26 funds opened new Banco Bradesco positions in Q3 2023 and 28 closed out, a net change of -2 holders.
- The largest Banco Bradesco buyer in Q3 2023 was Causeway Capital Management, an estimated $61.4M added.
- The largest Banco Bradesco seller in Q3 2023 was Aberdeen Group, an estimated $175M sold.
Based on aggregated 13F filings for Q3 2023.