Banco Bradesco
244 hedge funds and large institutions have $2.45B invested in Banco Bradesco in 2024 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 60 increasing their positions, 110 reducing their positions, and 32 closing their positions.
9% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 32
0% more funds holding
Funds holding: 243 → 244 (+1)
1.42% less ownership
Funds ownership: 17.59% → 16.17% (-1.4%)
25% less capital invested
Capital invested by funds: $3.27B → $2.45B (-$818M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
45% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 110
50% less call options, than puts
Call options by funds: $9.46M | Put options by funds: $18.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sagil Capital
London,
United Kingdom
|
+$21.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.9M |
| 3 |
Millennium Management
New York
|
+$12.3M |
| 4 |
AU
Algebris (UK)
London,
United Kingdom
|
+$7.95M |
| 5 |
Two Sigma Investments
New York
|
+$6.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$50.9M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$49.7M |
| 3 |
Morgan Stanley
New York
|
-$29.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$27.5M |
| 5 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$21.8M |
BBD Hedge Fund Activity: Q1 2024 in Review
244 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Banco Bradesco (BBD) for Q1 2024, worth a combined $2.45B — down 25% from $3.27B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BBD positions and 32 closed out — a net gain of 3 holders — while 60 added to existing stakes and 110 trimmed.
The largest buyer was Sagil Capital, opening a new position worth an estimated $21.3M. The largest seller was Baillie Gifford & Co, cutting an estimated $50.9M.
- 244 institutional investors held Banco Bradesco (BBD) as of Q1 2024, up from 243 in Q4 2023.
- Funds reported $2.45B of Banco Bradesco stock for Q1 2024, down 25% quarter-over-quarter.
- 35 funds opened new Banco Bradesco positions in Q1 2024 and 32 closed out, a net change of +3 holders.
- The largest Banco Bradesco buyer in Q1 2024 was Sagil Capital, an estimated $21.3M added.
- The largest Banco Bradesco seller in Q1 2024 was Baillie Gifford & Co, an estimated $50.9M sold.
Based on aggregated 13F filings for Q1 2024.