Northroad Capital Management’s Petrobras PBR Stock Holding History

Northroad Capital Management’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
2014 Q4	–	Sell	-395,335	Closed	-$5.61M	–	55
2014 Q3	$5.61M	Sell	395,335 -175,800	-31%	-$2.94M	2.16%	27
2014 Q2	$8.36M	Buy	571,135 +2,061	+0.4%	+$30K	2.92%	10
2014 Q1	$7.48M	Buy	569,074 +259,038	+84%	+$3.02M	2.71%	16
2013 Q4	$4.27M	Sell	310,036 -2,013	-0.6%	-$31.2K	1.53%	35
2013 Q3	$4.83M	Sell	312,049 -15,991	-5%	-$228K	1.85%	32
2013 Q2	$4.4M	Buy	+328,040	New	+$5.59M	1.71%	34

Other funds holding PBR

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $23.2B AUM 40.19% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

SIM

Sprucegrove Investment Management Toronto, Ontario, Canada $639M AUM 23.31% 1-Year Est. Return

WGI

Westwood Global Investments Boston, Massachusetts $2.85B AUM 55.09% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Northroad Capital Management's PBR Position: Q4 2014 in Review

Northroad Capital Management sold out of Petrobras (PBR) in Q4 2014, closing a stake of 395,335 shares — an estimated $5.61M sold.

Northroad Capital Management first reported a position in PBR in Q2 2013 and held it in 6 quarters. The position peaked at $8.36M in Q2 2014. 310 funds tracked by Wall St. Rank hold PBR as of Q4 2014.

Northroad Capital Management reported no remaining Petrobras position as of Q4 2014 after selling out during the quarter.
Northroad Capital Management sold 395,335 Petrobras shares in Q4 2014, an estimated $5.61M.
Northroad Capital Management first reported a position in Petrobras in Q2 2013 and held it in 6 quarters.
Northroad Capital Management's Petrobras position peaked at $8.36M in Q2 2014.
310 funds tracked by Wall St. Rank held Petrobras as of Q4 2014.

Based on Northroad Capital Management's 13F filing for Q4 2014, filed 5 Feb 2015.