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Banco Bradesco
BBD

240 hedge funds and large institutions have $2.31B invested in Banco Bradesco in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 99 increasing their positions, 78 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 78

24% more capital invested

Capital invested by funds: $1.86B → $2.31B (+$443M)

1.25% more ownership

Funds ownership: 15.67% → 16.92% (+1.3%)

2% less funds holding

Funds holding: 244 → 240 (-4)

13% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 32

21% less call options, than puts

Call options by funds: $8.05M | Put options by funds: $10.2M

33% less funds holding in top 10

Funds holding in top 10: 6 → 4 (-2)

Holders
240
Holders Change
-4
Holders Change %
-1.64%
% of All Funds
3.45%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
28
Increased
99
Reduced
78
Closed
32
Calls
$8.05M
Puts
$10.2M
Net Calls
-$2.14M
Net Calls Change
+$6.93M

Top Buyers

1
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
+$142M
2
UBS AM
UBS AM
Illinois
+$101M
3
Bank of America
Bank of America
North Carolina
+$75.1M
4
Two Sigma Investments
Two Sigma Investments
New York
+$38.2M
5
IUHSA
Itau Unibanco Holding S.A.
Brazil
+$34.9M

Top Sellers

1
SIM
Sprucegrove Investment Management
Ontario, Canada
-$163M
2
BlackRock
BlackRock
New York
-$99M
3
OCM
Oaktree Capital Management
California
-$53M
4
SEI Investments
SEI Investments
Pennsylvania
-$28.1M
5
Russell Investments Group
Russell Investments Group
United Kingdom
-$24.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$234M +$142M +55,444,555 +170%
Fisher Asset Management
2
Fisher Asset Management
Washington
$202M +$31.3M +12,228,662 +19%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$125M +$15.8M +6,171,193 +15%
CCM
4
Causeway Capital Management
California
$122M -$12.3M -4,781,949 -9%
Franklin Resources
5
Franklin Resources
California
$120M +$2.92M +1,139,470 +3%
UBS AM
6
UBS AM
Illinois
$105M +$101M +39,301,345 New
IUHSA
7
Itau Unibanco Holding S.A.
Brazil
$100M +$34.9M +13,627,768 +57%
BlackRock
8
BlackRock
New York
$92.4M -$99M -38,637,426 -53%
Baillie Gifford & Co
9
Baillie Gifford & Co
United Kingdom
$85.2M -$1.97M -768,318 -2%
Bank of America
10
Bank of America
North Carolina
$84M +$75.1M +29,322,511 +1,292%
AIM
11
ARGA Investment Management
Connecticut
$69.9M +$2.37M +924,065 +4%
Two Sigma Investments
12
Two Sigma Investments
New York
$58.7M +$38.2M +14,892,119 +208%
EARNEST Partners
13
EARNEST Partners
Georgia
$57.9M +$155K +60,495 +0.3%
Macquarie Group
14
Macquarie Group
Australia
$51.8M -$3.3M -1,289,170 -6%
Marshall Wace
15
Marshall Wace
United Kingdom
$50.8M +$28.6M +11,177,220 +141%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$44.8M +$29.2M +11,393,100 +209%
Russell Investments Group
17
Russell Investments Group
United Kingdom
$44.7M -$24.9M -9,720,798 -37%
State Street
18
State Street
Massachusetts
$42.7M +$16.8M +6,551,698 +71%
Vanguard Group
19
Vanguard Group
Pennsylvania
$37.6M +$315K +122,746 +0.9%
OCM
20
Oaktree Capital Management
California
$37.5M -$53M -20,697,066 -59%
DPCM
21
Doma Perpetual Capital Management
Florida
$33.5M +$3.52M +1,371,700 +12%
Morgan Stanley
22
Morgan Stanley
New York
$30M +$18.1M +7,061,211 +167%
SEI Investments
23
SEI Investments
Pennsylvania
$28.8M -$28.1M -10,945,136 -50%
Renaissance Technologies
24
Renaissance Technologies
New York
$25.2M +$17.4M +6,774,600 +252%
Aberdeen Group
25
Aberdeen Group
United Kingdom
$23M – – –
1
2 3 4 5

BBD Hedge Fund Activity: Q3 2024 in Review

240 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Banco Bradesco (BBD) for Q3 2024, worth a combined $2.31B — up 24% from $1.86B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of BBD and 28 opened new positions — a net loss of 4 holders — while 78 trimmed existing stakes and 99 added.

The largest buyer was Massachusetts Financial Services, adding an estimated $142M. The largest seller was Sprucegrove Investment Management, exiting entirely with an estimated $163M sold.

  • 240 institutional investors held Banco Bradesco (BBD) as of Q3 2024, down from 244 in Q2 2024.
  • Funds reported $2.31B of Banco Bradesco stock for Q3 2024, up 24% quarter-over-quarter.
  • 28 funds opened new Banco Bradesco positions in Q3 2024 and 32 closed out, a net change of -4 holders.
  • The largest Banco Bradesco buyer in Q3 2024 was Massachusetts Financial Services, an estimated $142M added.
  • The largest Banco Bradesco seller in Q3 2024 was Sprucegrove Investment Management, an estimated $163M sold.

Based on aggregated 13F filings for Q3 2024.