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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.

New
Increased
Maintained
Reduced
Closed

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: 227224 (-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: 64 (-2)

41% less call options, than puts

Call options by funds: $13.9M | Put options by funds: $23.8M

Holders
224
Holders Change
-3
Holders Change %
-1.32%
% of All Funds
3.55%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
26
Increased
70
Reduced
85
Closed
28
Calls
$13.9M
Puts
$23.8M
Net Calls
-$9.86M
Net Calls Change
+$4.67M
Name Holding Trade Value Shares
Change
Change in
Stake
SIM
1
Sprucegrove Investment Management
Ontario, Canada
$233M -$9.43M -2,980,229 -4%
BlackRock
2
BlackRock
New York
$208M +$23.6M +7,458,216 +11%
CCM
3
Causeway Capital Management
California
$183M +$61.4M +19,404,902 +43%
Baillie Gifford & Co
4
Baillie Gifford & Co
United Kingdom
$154M -$2.01M -635,678 -1%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$151M -$24M -7,570,310 -12%
Franklin Resources
6
Franklin Resources
California
$140M -$5.09M -1,609,275 -3%
UBS AM
7
UBS AM
Illinois
$119M +$1.89M +596,025 +1%
Goldman Sachs
8
Goldman Sachs
New York
$119M +$61.2M +19,341,517 +87%
Fisher Asset Management
9
Fisher Asset Management
Washington
$111M +$45M +14,221,433 +57%
OCM
10
Oaktree Capital Management
California
$90.5M +$2.93M +926,807 +3%
Russell Investments Group
11
Russell Investments Group
United Kingdom
$67.8M -$257K -81,156 -0.3%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$60.8M +$17.8M +5,624,225 +36%
EARNEST Partners
13
EARNEST Partners
Georgia
$59.8M -$1.71M -539,630 -3%
Macquarie Group
14
Macquarie Group
Australia
$58M -$243K -76,674 -0.4%
SEI Investments
15
SEI Investments
Pennsylvania
$56.1M +$2.7M +853,516 +5%
Vanguard Group
16
Vanguard Group
Pennsylvania
$50.7M -$3.28M -1,035,540 -6%
AIM
17
ARGA Investment Management
Connecticut
$45.9M +$45.3M +14,311,460 +799%
Allspring Global Investments
18
Allspring Global Investments
North Carolina
$36.9M -$4.61M -1,456,262 -10%
IUHSA
19
Itau Unibanco Holding S.A.
Brazil
$34.3M +$12.4M +3,914,265 +48%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$31.8M +$28.7M +9,070,913 +436%
State Street
21
State Street
Massachusetts
$31.4M -$2.37M -748,080 -6%
Amundi
22
Amundi
France
$28.6M -$5.25M -1,657,716 -14%
Aberdeen Group
23
Aberdeen Group
United Kingdom
$28M -$175M -55,181,558 -85%
Bank of America
24
Bank of America
North Carolina
$20.2M +$3.25M +1,027,828 +17%
HSBC Holdings
25
HSBC Holdings
United Kingdom
$18.8M -$4.47M -1,411,735 -18%

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.