Petrobras Class A
PBR.A
222 hedge funds and large institutions have $3.88B invested in Petrobras Class A in 2026 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 70 increasing their positions, 76 reducing their positions, and 30 closing their positions.
218% more call options, than puts
Call options by funds: $352M | Put options by funds: $111M
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
2% more funds holding
Funds holding: 217 → 222 (+5)
1.13% more ownership
Funds ownership: 8.57% → 9.7% (+1.1%)
8% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 76
12% less capital invested
Capital invested by funds: $4.39B → $3.88B (-$509M)
58% less funds holding in top 10
Funds holding in top 10: 12 → 5 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$140M |
| 2 |
Jane Street
New York
|
+$139M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$115M |
| 4 |
Renaissance Technologies
New York
|
+$111M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$85.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$127M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$104M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$31.5M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$28.2M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$18.2M |
PBR.A Hedge Fund Activity: Q2 2026 in Review
222 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q2 2026, worth a combined $3.88B — down 12% from $4.39B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PBR.A positions and 30 closed out — a net gain of 10 holders — while 70 added to existing stakes and 76 trimmed.
The largest buyer was State of Wisconsin Investment Board, adding an estimated $140M. The largest seller was JP Morgan Chase, cutting an estimated $127M.
- 222 institutional investors held Petrobras Class A (PBR.A) as of Q2 2026, up from 217 in Q1 2026.
- Funds reported $3.88B of Petrobras Class A stock for Q2 2026, down 12% quarter-over-quarter.
- 40 funds opened new Petrobras Class A positions in Q2 2026 and 30 closed out, a net change of +10 holders.
- The largest Petrobras Class A buyer in Q2 2026 was State of Wisconsin Investment Board, an estimated $140M added.
- The largest Petrobras Class A seller in Q2 2026 was JP Morgan Chase, an estimated $127M sold.
Based on aggregated 13F filings for Q2 2026.