Braskem (BAK)

• Market cap: $1.51B
• 1 day: 0.00%
• 5 days: -5.03%
• 1 month: -21.74%
• 3 months: -43.50%
• 6 months: -44.74%
• Year to date: -5.50%
• 1 year: -53.33%
• 5 years: -77.80%
• 10 years: -72.19%

About: Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of its revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene, and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.

Employees: 8,569

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

233% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 6

59% more capital invested

Capital invested by funds: $49.7M [Q2] → $79M (+$29.3M) [Q3]

26% more funds holding

Funds holding: 50 [Q2] → 63 (+13) [Q3]

0.89% more ownership

Funds ownership: 2.22% [Q2] → 3.11% (+0.89%) [Q3]

6% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 17