Banco Bradesco (BBD)

• Market cap: $20.5B
• 1 day: 2.66%
• 5 days: -3.50%
• 1 month: -19.92%
• 3 months: -26.62%
• 6 months: -15.72%
• Year to date: -43.57%
• 1 year: -45.17%
• 5 years: -70.12%
• 10 years: -63.10%

About: Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.

Employees: 86,222

Fund manager confidence

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

29% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 76

23% more capital invested

Capital invested by funds: $1.87B [Q2] → $2.3B (+$434M) [Q3]

1.18% more ownership

Funds ownership: 15.72% [Q2] → 16.91% (+1.18%) [Q3]

2% less funds holding

Funds holding: 241 [Q2] → 235 (-6) [Q3]

17% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 36

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 [Q2] → 4 (-2) [Q3]