Norges Bank’s Petrobras PBR Stock Holding History

Norges Bank’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
2023 Q2	–	Sell	-300,000	Closed	-$3.13M	–	2087
2023 Q1	$3.13M	Buy	+300,000	New	+$3.26M	﹤0.01%	1857
2020 Q3	–	Sell	-868,690	Closed	-$7.18M	–	2155
2020 Q2	$7.18M	Hold	868,690	–	–	﹤0.01%	1802
2020 Q1	$4.78M	Sell	868,690 -3,508,700	-80%	-$41.9M	﹤0.01%	1832
2019 Q4	$69.8M	Hold	4,377,390	–	–	0.02%	713
2019 Q3	$63.3M	Hold	4,377,390	–	–	0.02%	729
2019 Q2	$68.2M	Sell	4,377,390 -800,000	-15%	-$12.2M	0.02%	698
2019 Q1	$82.4M	Buy	5,177,390 +1,300,000	+34%	+$20.6M	0.03%	570
2018 Q4	$50.4M	Sell	3,877,390 -3,799,392	-49%	-$55M	0.02%	737
2018 Q3	$92.7M	Hold	7,676,782	–	–	0.03%	535
2018 Q2	$77M	Buy	7,676,782 +6,586,349	+604%	+$84.3M	0.03%	592
2018 Q1	$15.4M	Hold	1,090,433	–	–	0.01%	1578
2017 Q4	$11.2M	Sell	1,090,433 -476,644	-30%	-$4.87M	﹤0.01%	1703
2017 Q3	$15.7M	Sell	1,567,077 -998,003	-39%	-$9.06M	0.01%	1567
2017 Q2	$20.5M	Sell	2,565,080 -128,012	-5%	-$1.14M	0.01%	1390
2017 Q1	$26.1M	Sell	2,693,092 -560,638	-17%	-$5.76M	0.01%	1199
2016 Q4	$32.9M	Hold	3,253,730	–	–	0.01%	937
2016 Q3	$29M	Hold	3,253,730	–	–	0.01%	960
2016 Q2	$23.3M	Hold	3,253,730	–	–	0.01%	1102
2016 Q1	$19M	Hold	3,253,730	–	–	0.01%	1186
2015 Q4	$14M	Buy	3,253,730 +2,661,309	+449%	+$12.9M	0.01%	1381
2015 Q3	$2.58M	Hold	592,421	–	–	﹤0.01%	2001
2015 Q2	$5.36M	Buy	+592,421	New	+$5.3M	﹤0.01%	1878

Other funds holding PBR

GQG Partners Ft. Lauderdale, Florida $53.8B AUM 19.23% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

AIM

ARGA Investment Management Stamford, Connecticut $3.92B AUM 35.93% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Norges Bank's PBR Position: Q2 2023 in Review

Norges Bank sold out of Petrobras (PBR) in Q2 2023, closing a stake of 300,000 shares — an estimated $3.13M sold.

Norges Bank first reported a position in PBR in Q2 2015 and held it in 22 quarters. The position peaked at $92.7M in Q3 2018. 399 funds tracked by Wall St. Rank hold PBR as of Q2 2023.

Norges Bank reported no remaining Petrobras position as of Q2 2023 after selling out during the quarter.
Norges Bank sold 300,000 Petrobras shares in Q2 2023, an estimated $3.13M.
Norges Bank first reported a position in Petrobras in Q2 2015 and held it in 22 quarters.
Norges Bank's Petrobras position peaked at $92.7M in Q3 2018.
399 funds tracked by Wall St. Rank held Petrobras as of Q2 2023.

Based on Norges Bank's 13F filing for Q2 2023, filed 14 Aug 2023.