Goldman Sachs’s Petrobras PBR Stock Holding History

Goldman Sachs’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 Q1	–	Sell	-2,070,000	Closed	-$24.5M	–	6862
2025 Q4	$24.5M	Hold	2,070,000	–	–	﹤0.01%	2185
2025 Q3	$26.2M	Buy	2,070,000 +350,000	+20%	+$4.4M	﹤0.01%	1987
2025 Q2	$21.5M	Buy	1,720,000 +150,000	+10%	+$1.8M	﹤0.01%	2065
2025 Q1	$22.5M	Sell	1,570,000 -1,070,500	-41%	-$14.8M	﹤0.01%	1923
2024 Q4	$34M	Buy	2,640,500 +465,500	+21%	+$6.5M	0.01%	1613
2024 Q3	$31.3M	Sell	2,175,000 -150,000	-6%	-$2.21M	0.01%	1652
2024 Q2	$33.7M	Sell	2,325,000 -1,895,000	-45%	-$29.5M	0.01%	1453
2024 Q1	$64.2M	Sell	4,220,000 -3,800,400	-47%	-$61.8M	0.01%	1013
2023 Q4	$128M	Sell	8,020,400 -1,300,000	-14%	-$19.9M	0.02%	654
2023 Q3	$140M	Buy	9,320,400 +9,020,400	+3,007%	+$128M	0.03%	568
2023 Q2	$4.15M	Sell	300,000 -375,000	-56%	-$4.56M	﹤0.01%	3260
2023 Q1	$7.04M	Sell	675,000 -10,140,600	-94%	-$110M	﹤0.01%	2734
2022 Q4	$115M	Sell	10,815,600 -4,499,300	-29%	-$54.3M	0.03%	658
2022 Q3	$189M	Buy	15,314,900 +14,100,400	+1,161%	+$187M	0.05%	407
2022 Q2	$14.2M	Sell	1,214,500 -5,532,200	-82%	-$76.6M	﹤0.01%	2182
2022 Q1	$99.9M	Sell	6,746,700 -11,842,300	-64%	-$159M	0.02%	766
2021 Q4	$204M	Buy	18,589,000 +12,823,000	+222%	+$135M	0.04%	451
2021 Q3	$59.6M	Sell	5,766,000 -6,390,800	-53%	-$68.1M	0.01%	1142
2021 Q2	$149M	Buy	12,156,800 +8,276,600	+213%	+$81.3M	0.03%	527
2021 Q1	$32.9M	Sell	3,880,200 -611,400	-14%	-$5.84M	0.01%	1506
2020 Q4	$50.4M	Sell	4,491,600 -996,200	-18%	-$8.84M	0.01%	1126
2020 Q3	$39.1M	Buy	5,487,800 +1,921,600	+54%	+$16.3M	0.01%	1185
2020 Q2	$29.5M	Buy	3,566,200 +2,459,400	+222%	+$17.8M	0.01%	1371
2020 Q1	$6.09M	Sell	1,106,800 -500,000	-31%	-$5.97M	﹤0.01%	2488
2019 Q4	$25.6M	Sell	1,606,800 -434,000	-21%	-$6.63M	0.01%	1650
2019 Q3	$29.5M	Buy	2,040,800 +1,005,200	+97%	+$14.8M	0.01%	1502
2019 Q2	$16.1M	Sell	1,035,600 -3,458,600	-77%	-$52.7M	﹤0.01%	2018
2019 Q1	$71.5M	Sell	4,494,200 -336,200	-7%	-$5.34M	0.02%	872
2018 Q4	$62.8M	Buy	4,830,400 +1,983,700	+70%	+$28.7M	0.02%	917
2018 Q3	$34.4M	Sell	2,846,700 -1,173,100	-29%	-$13M	0.01%	1494
2018 Q2	$40.3M	Buy	4,019,800 +2,527,400	+169%	+$32.4M	0.01%	1370
2018 Q1	$21.1M	Sell	1,492,400 -678,400	-31%	-$8.93M	0.01%	1821
2017 Q4	$22.3M	Buy	2,170,800 +1,225,600	+130%	+$12.5M	0.01%	1855
2017 Q3	$9.49M	Buy	945,200 +128,000	+16%	+$1.16M	﹤0.01%	2596
2017 Q2	$6.53M	Buy	817,200 +94,900	+13%	+$846K	﹤0.01%	2849
2017 Q1	$7M	Sell	722,300 -1,271,900	-64%	-$13.1M	﹤0.01%	2655
2016 Q4	$20.2M	Buy	1,994,200 +1,046,800	+110%	+$11.2M	0.01%	1952
2016 Q3	$8.84M	Buy	947,400 +310,800	+49%	+$2.73M	﹤0.01%	2560
2016 Q2	$4.56M	Sell	636,600 -1,371,300	-68%	-$9.07M	﹤0.01%	2948
2016 Q1	$11.7M	Buy	2,007,900 +857,300	+75%	+$3.46M	﹤0.01%	2103
2015 Q4	$4.95M	Sell	1,150,600 -735,900	-39%	-$3.58M	﹤0.01%	2836
2015 Q3	$8.21M	Sell	1,886,500 -1,170,000	-38%	-$7.14M	﹤0.01%	2411
2015 Q2	$27.7M	Buy	3,056,500 +230,500	+8%	+$2.06M	0.01%	1557
2015 Q1	$17M	Sell	2,826,000 -1,450,000	-34%	-$9.24M	0.01%	1871
2014 Q4	$31.2M	Sell	4,276,000 -6,303,900	-60%	-$67.9M	0.01%	1493
2014 Q3	$150M	Buy	10,579,900 +5,631,800	+114%	+$94.2M	0.05%	454
2014 Q2	$72.4M	Buy	4,948,100 +2,973,500	+151%	+$43.3M	0.02%	864
2014 Q1	$26M	Buy	1,974,600 +563,200	+40%	+$6.57M	0.01%	1550
2013 Q4	$19.4M	Sell	1,411,400 -174,500	-11%	-$2.71M	0.01%	1767
2013 Q3	$24.6M	Sell	1,585,900 -17,900	-1%	-$255K	0.01%	1451
2013 Q2	$21.5M	Buy	+1,603,800	New	+$27.3M	0.01%	1494

Other funds holding PBR

GQG Partners Ft. Lauderdale, Florida $63.1B AUM 23.07% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

IUHSA

Itau Unibanco Holding S.A. Sao Paulo, Brazil $4.31B AUM 46.57% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

AIM

ARGA Investment Management Stamford, Connecticut $3.05B AUM 47.96% 1-Year Est. Return

Goldman Sachs's PBR Position: Q1 2026 in Review

Goldman Sachs reduced its Petrobras (PBR) stake by 29% in Q1 2026, selling an estimated $60.9M and leaving 9,206,700 shares worth $191M. The position accounts for 0.02% of the portfolio, ranked #696.

Goldman Sachs first reported a position in PBR in Q2 2013 and has held it in 52 quarters since. The position peaked at $605M in Q1 2024. 545 funds tracked by Wall St. Rank hold PBR as of Q1 2026.

Goldman Sachs held 9,206,700 shares of Petrobras worth $191M as of Q1 2026.
Goldman Sachs sold 3,810,080 Petrobras shares in Q1 2026, an estimated $60.9M.
Petrobras made up 0.02% of Goldman Sachs's portfolio in Q1 2026, its #696 holding.
Goldman Sachs first reported a position in Petrobras in Q2 2013 and has held it in 52 quarters since.
Goldman Sachs's Petrobras position peaked at $605M in Q1 2024.
545 funds tracked by Wall St. Rank held Petrobras as of Q1 2026.

Based on Goldman Sachs's 13F filing for Q1 2026, filed 15 May 2026.