Howard Marks acquired 34.3 Million Banco Bradesco S.A. - ADR shares worth $99.9 Million. That's 1.78% of their equity portfolio (14th largest holding). The first Banco Bradesco S.A. - ADR trade was made in Q1 2012. Since then Howard Marks bought shares fifteen more times and sold shares on eight occasions. The investor's estimated purchase price is $134 Million, resulting in a loss of 25%.