Carrhae Capital’s Petrobras PBR Stock Holding History

Carrhae Capital’s Portfolio PBR Stock Details PBR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$87.5M	Buy	+5,411,909	New	+$106M	2.41%	11
2025 Q2	–	Sell	-4,516,382	Closed	-$64.8M	–	35
2025 Q1	$64.8M	Buy	+4,516,382	New	+$62.3M	4.74%	8
2022 Q1	–	Sell	-1,428,953	Closed	-$15.7M	–	20
2021 Q4	$15.7M	Buy	+1,428,953	New	+$15.1M	5.38%	5
2020 Q2	–	Sell	-698,935	Closed	-$3.84M	–	13
2020 Q1	$3.84M	Buy	+698,935	New	+$8.34M	3.11%	6
2019 Q4	–	Sell	-895,892	Closed	-$13M	–	9
2019 Q3	$13M	Sell	895,892 -365,655	-29%	-$5.37M	4.47%	6
2019 Q2	$19.6M	Buy	1,261,547 +366,412	+41%	+$5.59M	6.15%	5
2019 Q1	$14.3M	Sell	895,135 -205,759	-19%	-$3.27M	5.99%	5
2018 Q4	$14.3M	Buy	+1,100,894	New	+$15.9M	4.55%	10

Other funds holding PBR

Robeco Institutional Asset Management Rotterdam, Netherlands $81.4B AUM 40.71% 1-Year Est. Return

AIM

Artemis Investment Management Edinburgh, United Kingdom $11.2B AUM 80.72% 1-Year Est. Return

Perpetual Ltd Sydney, New South Wales, Australia $7B AUM 19.75% 1-Year Est. Return

AAS

Annex Advisory Services Brookfield, Wisconsin $5.86B AUM 21.83% 1-Year Est. Return

TIAM

TT International Asset Management London, United Kingdom $783M AUM 104.75% 1-Year Est. Return

HAI

Hennessy Advisors Inc Novato, California $3.13B AUM 77.26% 1-Year Est. Return

HCC

Hatch Cove Capital Chicago, Illinois $225M AUM

YIH

Y-Intercept (HK) Hong Kong $5.05B AUM 17.89% 1-Year Est. Return

COPPSERS

Commonwealth of Pennsylvania Public School Employees Retirement System Harrisburg, Pennsylvania $20.6B AUM 37.37% 1-Year Est. Return

FAMI

Fideuram Asset Management (Ireland) Dublin 1 $5.26B AUM

Carrhae Capital's PBR Position: Q2 2026 in Review

Carrhae Capital opened a new position in Petrobras (PBR) in Q2 2026: 5,411,909 shares worth $87.5M. The stake represents 2.41% of the portfolio and ranks #11 among its holdings. This is a return to the name: Carrhae Capital previously reported a position in PBR as recently as Q1 2025.

Carrhae Capital first reported a position in PBR in Q4 2018 and has held it in 8 quarters since. 114 funds tracked by Wall St. Rank hold PBR as of Q2 2026.

Carrhae Capital held 5,411,909 shares of Petrobras worth $87.5M as of Q2 2026.
Petrobras was a new Carrhae Capital position in Q2 2026.
Petrobras made up 2.41% of Carrhae Capital's portfolio in Q2 2026, its #11 holding.
Carrhae Capital first reported a position in Petrobras in Q4 2018 and has held it in 8 quarters since.
114 funds tracked by Wall St. Rank held Petrobras as of Q2 2026.

Based on Carrhae Capital's 13F filing for Q2 2026, filed 15 Jul 2026.