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Bayesian Capital Management, LP Historic Quarter Change: Foreign Preferred Shares, Sold Out

Bayesian Capital Management, LP historic quarter change: Foreign Preferred Shares, Sold out

In preferred shares (depositary receipts and foreign shares traded over the counter), over 13 quarters from 2015-12-31 to 2026-06-30, Bayesian Capital Management, LP opened 6 positions, added to 1, reduced 0 and sold out of 7.

  • Q1 2026: Stock ITUB; Country of operation —; Class SPON ADR REP PFD; Shares before 19,128.
  • Q3 2025: Stock BBD; Country of operation —; Class SP ADR PFD NEW; Shares before 17,500.
  • Q1 2025: Stock GGB; Country of operation —; Class SPON ADR REP PFD; Shares before 29,700.
  • Q1 2025: Stock BBD; Country of operation —; Class SP ADR PFD NEW; Shares before 39,400.

Each consecutive pair of Form 13F-HR filings compared (SEC CIK 1632551), 13 quarters: Q2 2026 (2026-03-31 to 2026-06-30, filed 2026-08-14); Q1 2026 (2025-12-31 to 2026-03-31, filed 2026-05-15); Q4 2025 (2025-09-30 to 2025-12-31, filed 2026-02-17); Q3 2025 (2025-06-30 to 2025-09-30, filed 2025-11-14); Q2 2025 (2025-03-31 to 2025-06-30, filed 2025-08-14); Q1 2025 (2024-12-31 to 2025-03-31, filed 2025-05-15); Q4 2024 (2024-09-30 to 2024-12-31, filed 2025-02-14); Q3 2024 (2024-06-30 to 2024-09-30, filed 2024-11-14); Q2 2024 (2024-03-31 to 2024-06-30, filed 2024-08-14); Q1 2024 (2023-12-31 to 2024-03-31, filed 2024-05-15); Q3 2016 (2016-06-30 to 2016-09-30, filed 2016-11-14); Q2 2016 (2016-03-31 to 2016-06-30, filed 2016-08-12); Q1 2016 (2015-12-31 to 2016-03-31, filed 2016-05-16). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2015-12-31. Not compared, as a quarter between them is not held here yet: 2016-09-30 to 2023-12-31 (missing 2016-12-31, 2017-03-31, 2017-06-30, 2017-09-30, 2017-12-31, 2018-03-31, 2018-06-30, 2018-09-30, 2018-12-31, 2019-03-31, 2019-06-30, 2019-09-30, 2019-12-31, 2020-03-31, 2020-06-30, 2020-09-30, 2020-12-31, 2021-03-31, 2021-06-30, 2021-09-30, 2021-12-31, 2022-03-31, 2022-06-30, 2022-09-30, 2022-12-31, 2023-03-31, 2023-06-30, 2023-09-30).

QuarterStockCountry of operationClassShares beforeShares afterShare changeValue beforeValue afterValue changeFiled
Q1 2026ITUB
ITAU UNIBANCO HLDG S A
SPON ADR REP PFD19,1280-19,128$136,956$0-$136,9562026-05-15
Q3 2025BBD
BANCO BRADESCO S A
SP ADR PFD NEW17,5000-17,500$54,075$0-$54,0752025-11-14
Q1 2025GGB
GERDAU SA
SPON ADR REP PFD29,7000-29,700$85,536$0-$85,5362025-05-15
Q1 2025BBD
BANCO BRADESCO S A
SP ADR PFD NEW39,4000-39,400$75,254$0-$75,2542025-05-15
Q4 2024BANCOLOMBIA S A
CUSIP 05968L102
SPON ADR PREF9,2940-9,294$291,646$0-$291,6462025-02-14
Q3 2024BAK
BRASKEM S A
SP ADR PFD A23,2940-23,294$150,246$0-$150,2462024-11-14
Q1 2024BAK
BRASKEM S A
SP ADR PFD A14,0940-14,094$124,309$0-$124,3092024-05-15

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