Banco Bradesco
210 hedge funds and large institutions have $7.43B invested in Banco Bradesco in 2013 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 66 increasing their positions, 80 reducing their positions, and 16 closing their positions.
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
8% more funds holding
Funds holding: 194 → 210 (+16)
0.89% less ownership
Funds ownership: 73.4% → 72.52% (-0.89%)
11% less capital invested
Capital invested by funds: $8.39B → $7.43B (-$961M)
18% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 80
42% less call options, than puts
Call options by funds: $82.2M | Put options by funds: $142M
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
+$101M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
+$67.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$48M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.1M |
| 5 |
Two Sigma Investments
New York
|
+$37.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cantillon Capital Management
New York
|
-$69.2M |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$67M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$61.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$41.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$33M |
BBD Hedge Fund Activity: Q4 2013 in Review
210 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Banco Bradesco (BBD) for Q4 2013, worth a combined $7.43B — down 11% from $8.39B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BBD positions and 16 closed out — a net gain of 16 holders — while 66 added to existing stakes and 80 trimmed.
The largest buyer was Sprucegrove Investment Management, opening a new position worth an estimated $101M. The largest seller was Cantillon Capital Management, exiting entirely with an estimated $69.2M sold.
- 210 institutional investors held Banco Bradesco (BBD) as of Q4 2013, up from 194 in Q3 2013.
- Funds reported $7.43B of Banco Bradesco stock for Q4 2013, down 11% quarter-over-quarter.
- 32 funds opened new Banco Bradesco positions in Q4 2013 and 16 closed out, a net change of +16 holders.
- The largest Banco Bradesco buyer in Q4 2013 was Sprucegrove Investment Management, an estimated $101M added.
- The largest Banco Bradesco seller in Q4 2013 was Cantillon Capital Management, an estimated $69.2M sold.
Based on aggregated 13F filings for Q4 2013.