Petrobras Class A
PBR.A
216 hedge funds and large institutions have $4.39B invested in Petrobras Class A in 2026 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 74 increasing their positions, 75 reducing their positions, and 22 closing their positions.
254% more call options, than puts
Call options by funds: $392M | Put options by funds: $111M
101% more capital invested
Capital invested by funds: $2.18B → $4.39B (+$2.21B)
82% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 22
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
8% more funds holding
Funds holding: 200 → 216 (+16)
1.47% more ownership
Funds ownership: 7.1% → 8.57% (+1.5%)
1% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 75
Top Buyers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$287M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$84.5M |
| 3 |
JP Morgan Chase
New York
|
+$84M |
| 4 |
BlackRock
New York
|
+$56M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$55.9M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBP
226
Banco BTG Pactual
Rio De Janeiro,
Brazil
| – | -$303K | -26,850 | Closed |
|
227
Nomura Holdings
Tokyo,
Japan
| – | -$287K | -25,450 | Closed |
|
|
WSFS
228
Wilmington Savings Fund Society
Wilmington,
Delaware
| – | -$251K | -22,250 | Closed |
|
229
Balyasny Asset Management
Chicago,
Illinois
| – | -$239K | -21,185 | Closed |
|
|
RS
230
R Squared
Central,
Hong Kong
| – | -$207K | -18,349 | Closed |
|
231
Envestnet Portfolio Solutions
Chicago,
Illinois
| – | -$206K | -18,287 | Closed |
|
|
PIM
232
Platinum Investment Management
Sydney Australia 2000,
Australia
| – | -$182K | -16,148 | Closed |
|
|
MGP
233
Metis Global Partners
San Diego,
California
| – | -$147K | -13,077 | Closed |
|
234
MML Investors Services
Springfield,
Massachusetts
| – | -$117K | -10,366 | Closed |
|
|
TCP
235
TMB Capital Partners
Little Rock,
Arkansas
| – | -$114K | -10,094 | Closed |
|
|
KAS
236
Kestra Advisory Services
Austin,
Texas
| – | -$25.8K | -2,290 | Closed |
|
|
TRCT
237
Tower Research Capital (TRC)
New York
| – | -$2.91K | -258 | Closed |
|
|
IA
238
IFP Advisors
Tampa,
Florida
| – | -$958 | -85 | Closed |
|
PBR.A Hedge Fund Activity: Q1 2026 in Review
216 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2026, worth a combined $4.39B — up 101% from $2.18B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PBR.A positions and 22 closed out — a net gain of 18 holders — while 74 added to existing stakes and 75 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $287M. The largest seller was Massachusetts Financial Services, cutting an estimated $76.6M.
- 216 institutional investors held Petrobras Class A (PBR.A) as of Q1 2026, up from 200 in Q4 2025.
- Funds reported $4.39B of Petrobras Class A stock for Q1 2026, up 101% quarter-over-quarter.
- 40 funds opened new Petrobras Class A positions in Q1 2026 and 22 closed out, a net change of +18 holders.
- The largest Petrobras Class A buyer in Q1 2026 was Arrowstreet Capital, an estimated $287M added.
- The largest Petrobras Class A seller in Q1 2026 was Massachusetts Financial Services, an estimated $76.6M sold.
Based on aggregated 13F filings for Q1 2026.