Banco Bradesco
227 hedge funds and large institutions have $3B invested in Banco Bradesco in 2023 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 91 increasing their positions, 60 reducing their positions, and 29 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 60
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
30% more capital invested
Capital invested by funds: $2.31B → $3B (+$695M)
4% more funds holding
Funds holding: 218 → 227 (+9)
0.04% less ownership
Funds ownership: 16.59% → 16.55% (-0.04%)
47% less call options, than puts
Call options by funds: $16.4M | Put options by funds: $30.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$29.4M |
| 2 |
Goldman Sachs
New York
|
+$24.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$23.3M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$18.8M |
| 5 |
Millennium Management
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$74.8M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$33.7M |
| 3 |
BlackRock
New York
|
-$20M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$11.8M |
| 5 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$10.7M |
BBD Hedge Fund Activity: Q2 2023 in Review
227 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Banco Bradesco (BBD) for Q2 2023, worth a combined $3B — up 30% from $2.31B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BBD positions and 29 closed out — a net gain of 9 holders — while 91 added to existing stakes and 60 trimmed.
The largest buyer was Oaktree Capital Management, adding an estimated $29.4M. The largest seller was Harding Loevner, cutting an estimated $74.8M.
- 227 institutional investors held Banco Bradesco (BBD) as of Q2 2023, up from 218 in Q1 2023.
- Funds reported $3B of Banco Bradesco stock for Q2 2023, up 30% quarter-over-quarter.
- 38 funds opened new Banco Bradesco positions in Q2 2023 and 29 closed out, a net change of +9 holders.
- The largest Banco Bradesco buyer in Q2 2023 was Oaktree Capital Management, an estimated $29.4M added.
- The largest Banco Bradesco seller in Q2 2023 was Harding Loevner, an estimated $74.8M sold.
Based on aggregated 13F filings for Q2 2023.