BANCO BRADESCO S A

Ticker: BBD CUSIP: 059460303 Class: ADR

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (41)

Carrhae Capital LLP
Value ($000) $53,897 Shares 16,185,404
Alpine Global Management, LLC
Value ($000) $8,991 Shares 2,700,000
Tuttle Capital Management, LLC
Value ($000) $185 Shares 55,534
WINTON GROUP Ltd
Value ($000) $2,807 Shares 842,800
MIRABELLA FINANCIAL SERVICES LLP
Value ($000) $604 Shares 181,244
Farringdon Capital, Ltd.
Value ($000) $190 Shares 56,931
OXFORD ASSET MANAGEMENT LLP
Value ($000) $116 Shares 34,732
Eagle Bay Advisors LLC
Value ($000) $50 Shares 14,000
ALTFEST L J & CO INC
Value ($000) $193 Shares 58,071
J.Safra Asset Management Corp
Value ($000) $307 Shares 92,265
Laird Norton Wetherby Trust Company, LLC
Value ($000) $348 Shares 98,781
UBS ASSET MANAGEMENT AMERICAS INC
Value ($000) $17,850 Shares 5,360,333
Schonfeld Strategic Advisors LLC
Value ($000) $1,408 Shares 422,839
Diversified Trust Co
Value ($000) $456 Shares 137,050
Abacus Wealth Partners, LLC
Value ($000) $107 Shares 32,122
Calamos Advisors LLC
Value ($000) $1,267 Shares 380,510
Headlands Technologies LLC
Value ($000) $93 Shares 27,970
Jump Financial, LLC
Value ($000) $372 Shares 111,620
Qube Research & Technologies Ltd
Value ($000) $1,026 Shares 308,033
ABN AMRO INVESTMENT SOLUTIONS
Value ($000) $185 Shares 55,500

Increased Positions (87)

Aquamarine Financial (Cayman) Ltd
Value ($000) $517,056 (+8.4%) Shares 148,670,798 (+8.1%)
Itau Unibanco Holding S.A.
Value ($000) $155,132 (+27.2%) Shares 46,867,695 (+29.9%)
Tredje AP-fonden
Value ($000) $69,494 (+62.8%) Shares 20,869,200 (+65.2%)
FRANKLIN RESOURCES INC
Value ($000) $159,664 (+174.6%) Shares 47,947,074 (+2469.2%)
XTX Topco Ltd
Value ($000) $2,398 (+945.3%) Shares 720,209 (+961.0%)
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
Value ($000) $273,604 (+24.0%) Shares 82,163,260 (+25.9%)
ACADIAN ASSET MANAGEMENT LLC
Value ($000) $185 (+27.7%) Shares 55,551,078 (+29.6%)
Grantham, Mayo, Van Otterloo & Co. LLC
Value ($000) $26,755 (+110.2%) Shares 8,034,400 (+113.4%)
EARNEST PARTNERS LLC
Value ($000) $78,032 (+7.2%) Shares 23,433,000 (+8.8%)
BAILLIE GIFFORD & CO
Value ($000) $127,457 (+34.8%) Shares 38,275,506 (+36.8%)
Aquatic Capital Management LLC
Value ($000) $8,708 (+16.4%) Shares 2,615,049 (+18.2%)
Man Group plc
Value ($000) $18,539 (+2543.0%) Shares 5,567,219 (+2582.7%)
Lighthouse Investment Partners, LLC
Value ($000) $12,290 (+5.2%) Shares 3,690,706 (+6.8%)
MACKENZIE FINANCIAL CORP
Value ($000) $18,653 (+120.6%) Shares 5,513,237 (+120.4%)
Qtron Investments LLC
Value ($000) $963 (+15.6%) Shares 289,227 (+17.3%)
Russell Investments Group, Ltd.
Value ($000) $69,486 (+11.5%) Shares 20,692,360 (+11.8%)
GOLDMAN SACHS GROUP INC
Value ($000) $188,652 (+21.3%) Shares 56,652,203 (+23.1%)
Amundi
Value ($000) $68,212 (+28.8%) Shares 20,483,984 (+23.0%)
SEI INVESTMENTS CO
Value ($000) $62,122 (+5.7%) Shares 18,655,233 (+7.3%)
MILLENNIUM MANAGEMENT LLC
Value ($000) $25,297 (+26.8%) Shares 7,596,588 (+28.7%)

Decreased Positions (68)

Moerus Capital Management LLC
Value ($000) $27,652 (-19.9%) Shares 8,303,820 (-18.7%)
ARGA Investment Management, LP
Value ($000) $375,125 (-3.1%) Shares 112,650,293 (-1.6%)
SPX Gestao de Recursos Ltda
Value ($000) $11,446 (-42.0%) Shares 3,437,249 (-41.2%)
BAROMETER CAPITAL MANAGEMENT INC.
Value ($000) $419 (-64.7%) Shares 11,100 (-96.9%)
HighVista Strategies LLC
Value ($000) $634 (-64.0%) Shares 190,264 (-63.4%)
TWO SIGMA ADVISERS, LP
Value ($000) $73,646 (-42.7%) Shares 22,115,920 (-41.8%)
LGT Fund Management Co Ltd.
Value ($000) $3,899 (-21.6%) Shares 1,150,000 (-25.1%)
LONGFELLOW INVESTMENT MANAGEMENT CO LLC
Value ($000) $1,809 (-14.6%) Shares 543,378 (-13.3%)
Fisher Asset Management, LLC
Value ($000) $176,245 (-41.0%) Shares 52,926,543 (-40.1%)
Quantbot Technologies LP
Value ($000) $447 (-84.9%) Shares 134,093 (-84.7%)
TWO SIGMA INVESTMENTS, LP
Value ($000) $73,806 (-30.3%) Shares 22,164,076 (-29.3%)
MASSACHUSETTS FINANCIAL SERVICES CO /MA/
Value ($000) $207,563 (-29.5%) Shares 62,331,329 (-28.4%)
Generali Investments CEE, investicni spolecnost, a.s.
Value ($000) $368 (-59.0%) Shares 110,463 (-58.4%)
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
Value ($000) $26,196 (-20.7%) Shares 7,866,533 (-19.5%)
Perpetual Ltd
Value ($000) $12,046 (-8.6%) Shares 3,617,532 (-7.2%)
RENAISSANCE TECHNOLOGIES LLC
Value ($000) $20,111 (-23.6%) Shares 6,039,195 (-22.4%)
R Squared Ltd
Value ($000) $321 (-12.1%) Shares 96,341 (-10.8%)
MARSHALL WACE, LLP
Value ($000) $102,017 (-5.8%) Shares 30,635,629 (-4.4%)
GROUPAMA ASSET MANAGMENT
Value ($000) $254 (-70.6%) Shares 76,140 (-70.2%)
INSIGNEO ADVISORY SERVICES, LLC
Value ($000) $50 (-76.9%) Shares 15,030 (-76.5%)

Exited Positions (15)

MACQUARIE GROUP LTD
Value ($000) $71,434 Shares 21,134,311
Acuitas Investments, LLC
Value ($000) $99 Shares 29,400
Absolute Gestao de Investimentos Ltda.
Value ($000) $733 Shares 216,955
Traveka Wealth, LLC
Value ($000) $99 Shares 29,210
Raiffeisen Bank International AG
Value ($000) $790 Shares 235,896
Banco BTG Pactual S.A.
Value ($000) $56 Shares 16,506
Centiva Capital, LP
Value ($000) $371 Shares 109,763
OPPENHEIMER & CO INC
Value ($000) $130 Shares 38,370
Optiver Holding B.V.
Value ($000) $286 Shares 84,664
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
Value ($000) $33 Shares 10,665
Wealthspire Advisors, LLC
Value ($000) $13 Shares 3,987
Tower Research Capital LLC (TRC)
Value ($000) $4 Shares 1,118
PRINCIPAL SECURITIES, INC.
Value ($000) $2 Shares 607
Allworth Financial LP
Value ($000) $1 Shares 214
First Pacific Financial
Value ($000) $0 Shares 88