BBD Insider Trading
Banco Bradesco S.A. (BBD) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $44.31B, listed on NYSE, employing roughly 82,095 people, carrying a beta of 0.23 to the broader market. Banco Bradesco S. Led by Marcelo de Araujo Noronha, public since 2002-08-02.
In the last 12 months, Banco Bradesco S.A. insiders made 57 buy transactions and 12 sale transactions.
| Date | Name | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Oct 9, 2026 | Alvarez Rubens Aguiar | P-Purchase | 1,698,000 | $17.37 | $29.5M |
| Oct 9, 2026 | Alvarez Rubens Aguiar | P-Purchase | 56,100 | $17.33 | $972.2K |
| Oct 9, 2026 | Alvarez Rubens Aguiar | P-Purchase | 34,700 | $17.35 | $602.0K |
| Oct 9, 2026 | Alvarez Rubens Aguiar | P-Purchase | 27,700 | $17.36 | $480.9K |
| Oct 9, 2026 | Alvarez Rubens Aguiar | P-Purchase | 26,300 | $17.30 | $455.0K |
| Oct 9, 2026 | Alvarez Rubens Aguiar | P-Purchase | 2,200 | $17.32 | $38.1K |
| Oct 5, 2026 | Alvarez Denise Aguiar | P-Purchase | 44,600 | $16.63 | $741.7K |
| Oct 5, 2026 | Alvarez Denise Aguiar | P-Purchase | 40,400 | $16.69 | $674.3K |
| Oct 5, 2026 | Alvarez Denise Aguiar | P-Purchase | 40,301 | $16.73 | $674.2K |
| Oct 5, 2026 | Alvarez Denise Aguiar | P-Purchase | 38,500 | $16.68 | $642.2K |
BBD Insider Activity by Quarter
Reported Form 4 and Form 5 lines under BBD's own SEC company ID, by transaction date, back to Q1 2026. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter.
| Quarter | Purchases | Bought | Sales | Sold | Other Lines |
|---|---|---|---|---|---|
| Q4 2026 (so far) | 0 | N/A | 0 | N/A | 0 |
| Q3 2026 | 0 | N/A | 0 | N/A | 67 |
| Q2 2026 | 0 | N/A | 0 | N/A | 4 |
| Q1 2026 | 0 | N/A | 0 | N/A | 0 |
BBD Institutional Ownership (13F)
As of Jun 30, 2026 (Q2 2026), 294 institutions reported holding 1,190,975,983 BBD shares, valued at $4.14B as reported, 11.3% of its market cap (market cap of Jun 26, 2026). That is +4 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 38 opened a position, 32 closed one, 93 added and 108 trimmed.
Top Holders, Q2 2026
| Manager | Shares | Value | Change |
|---|---|---|---|
| Aquamarine Financial (Cayman) Ltd | 186,948,134 | $649.0M | +30,100,000 |
| WELLINGTON MANAGEMENT GROUP LLP | 73,499,659 | $255.0M | -4,970,038 |
| ARGA Investment Management, LP | 70,717,908 | $245.4M | -4,422,031 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 70,716,729 | $245.4M | -8,790,677 |
| GOLDMAN SACHS GROUP INC | 61,519,822 | $213.5M | +19,169,101 |
| Fisher Asset Management, LLC | 51,497,981 | $178.7M | -1,779,147 |
| FRANKLIN RESOURCES INC | 48,465,825 | $168.2M | +544,863 |
| BlackRock, Inc. | 43,481,153 | $150.9M | -2,383,093 |
| Itau Unibanco Holding S.A. | 42,672,528 | $147.8M | -6,384,643 |
| BANK OF AMERICA CORP /DE/ | 41,479,480 | $143.9M | +13,400,881 |
By Quarter
| Quarter | Institutions | Shares | Value |
|---|---|---|---|
| Q2 2026 | 294 | 1,190,975,983 | $4.14B |
| Q1 2026 | 290 | 1,236,707,830 | $4.53B |
| Q4 2025 | 277 | 1,266,980,949 | $4.24B |
| Q3 2025 | 240 | 1,186,791,647 | $4.07B |
| Q2 2025 | 243 | 1,106,435,937 | $3.42B |
| Q1 2025 | 242 | 1,021,169,385 | $2.28B |
| Q4 2024 | 225 | 936,729,816 | $1.79B |
| Q3 2024 | 238 | 898,840,202 | $2.30B |
| Q2 2024 | 241 | 835,456,941 | $1.87B |
From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.
ETFs Holding BBD
| Fund | Weight of BBD | Shares (as reported) | Value (as reported) | Source updated |
|---|---|---|---|---|
| ILF iShares Latin America 40 ETF | 3.47% | 32,635,432 | $141.6M | Oct 8, 2026 |
| AVEM Avantis Emerging Markets Equity ETF | 0.19% | 12,598,905 | $54.7M | Oct 8, 2026 |
| SPEM State Street SPDR Portfolio Emerging Markets ETF | 0.21% | 8,789,889 | $38.4M | Oct 8, 2026 |
| FRDM Freedom 100 Emerging Markets ETF | 0.68% | 5,705,658 | $24.8M | Oct 8, 2026 |
| EMEQ Nomura Focused Emerging Markets Equity ETF | 0.83% | 1,223,001 | $5.5M | Oct 8, 2026 |
| DFEM Dimensional - Emerging Markets Core Equity 2 ETF | 0.05% | 1,222,979 | $5.3M | Oct 8, 2026 |
| AVES Avantis Emerging Markets Value ETF | 0.26% | 947,091 | $4.1M | Oct 8, 2026 |
| CWI State Street SPDR MSCI ACWI ex-US ETF | 0.09% | 621,810 | $2.7M | Oct 8, 2026 |
| DFAE Dimensional - Emerging Core Equity Market ETF | 0.02% | 571,700 | $2.5M | Oct 8, 2026 |
| DFEV Dimensional - Emerging Markets Value ETF | 0.09% | 457,562 | $2.0M | Oct 8, 2026 |
| AVXC Avantis Emerging Markets ex-China Equity ETF | 0.26% | 283,953 | $1.2M | Oct 8, 2026 |
| IXG iShares Global Financials ETF | 0.16% | 255,110 | $1.1M | Oct 8, 2026 |
| DFAX Dimensional World ex U.S. Core Equity 2 ETF | 0.01% | 254,145 | $1.1M | Oct 8, 2026 |
| AVSE Avantis Responsible Emerging Markets Equity ETF | 0.32% | 170,786 | $741.2K | Oct 8, 2026 |
| SPGM State Street SPDR Portfolio MSCI Global Stock Market ETF | 0.04% | 159,977 | $680.4K | Oct 8, 2026 |
From each fund's latest holdings file on record that shows BBD's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as BBD's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for BBD reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is BBD's share of that fund.
How to Read BBD Insider Activity
Net insider sentiment is bullish over the trailing twelve months: 57 buy transactions versus 12 sales. Cluster buying by officers or directors is one of the cleaner insider signals because purchases require personal capital deployment and carry direct SEC scrutiny for material non-public information violations. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.
Learn how insider trading is reported and how to read the data →
Frequently asked BBD insider trading questions
- How active are BBD insiders right now?
- Over the trailing twelve months, Banco Bradesco S.A. (BBD) insiders made 57 buy transactions and 12 sale transactions. Net insider sentiment over the trailing twelve months tilts to the buy side (57 buys vs 12 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
- What counts as an insider transaction?
- Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
- Are BBD insider buys a bullish signal?
- Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
- How do BBD insider transactions affect options pricing?
- Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.