Banco Bradesco
219 hedge funds and large institutions have $2.31B invested in Banco Bradesco in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 92 increasing their positions, 59 reducing their positions, and 30 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 59
20% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 30
1.49% more ownership
Funds ownership: 15.1% → 16.59% (+1.5%)
1% more funds holding
Funds holding: 216 → 219 (+3)
0% less capital invested
Capital invested by funds: $2.31B → $2.31B (-$5.35M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
54% less call options, than puts
Call options by funds: $9.82M | Put options by funds: $21.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$125M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$109M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$91.9M |
| 4 |
BlackRock
New York
|
+$62.6M |
| 5 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$142M |
| 2 |
Citigroup
New York
|
-$43.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$34.2M |
| 4 |
Goldman Sachs
New York
|
-$33.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.8M |
BBD Hedge Fund Activity: Q1 2023 in Review
219 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Banco Bradesco (BBD) for Q1 2023, worth a combined $2.31B — down 0.23% from $2.31B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BBD positions and 30 closed out — a net gain of 6 holders — while 92 added to existing stakes and 59 trimmed.
The largest buyer was Causeway Capital Management, adding an estimated $125M. The largest seller was National Bank of Canada, exiting entirely with an estimated $142M sold.
- 219 institutional investors held Banco Bradesco (BBD) as of Q1 2023, up from 216 in Q4 2022.
- Funds reported $2.31B of Banco Bradesco stock for Q1 2023, down 0.23% quarter-over-quarter.
- 36 funds opened new Banco Bradesco positions in Q1 2023 and 30 closed out, a net change of +6 holders.
- The largest Banco Bradesco buyer in Q1 2023 was Causeway Capital Management, an estimated $125M added.
- The largest Banco Bradesco seller in Q1 2023 was National Bank of Canada, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2023.