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Petrobras Class A

189 hedge funds and large institutions have $10.1B invested in Petrobras Class A in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 63 increasing their positions, 67 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 16

12% more capital invested

Capital invested by funds: $9.01B → $10.1B (+$1.09B)

4% more funds holding

Funds holding: 182189 (+7)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

0.1% less ownership

Funds ownership: 11.57%11.46% (-0.1%)

6% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 67

Holders
189
Holders Change
+7
Holders Change %
+3.85%
% of All Funds
5.43%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.29%
New
24
Increased
63
Reduced
67
Closed
16
Calls
$555K
Puts
Net Calls
+$555K
Net Calls Change
+$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$59.5M +$20.3M +1,314,196 +53%
Invesco
27
Invesco
Georgia
$59.5M -$173K -11,187 -0.3%
BNP Paribas Asset Management
28
BNP Paribas Asset Management
France
$59.1M +$5.59M +362,031 +11%
Temasek Holdings
29
Temasek Holdings
Singapore
$51.5M
Nordea Investment Management
30
Nordea Investment Management
Sweden
$48.3M -$348K -22,564 -0.7%
MIP
31
Mondrian Investment Partners
United Kingdom
$44.5M +$9.12M +590,800 +26%
Bank of America
32
Bank of America
North Carolina
$43.3M +$36.8M +2,382,544 +617%
Ninety One (UK)
33
Ninety One (UK)
United Kingdom
$39.2M -$17.2M -1,116,385 -31%
JP Morgan Chase
34
JP Morgan Chase
New York
$30.8M -$27.9M -1,806,377 -48%
PPA
35
Parametric Portfolio Associates
Washington
$29.7M -$52.8K -3,425 -0.2%
Millennium Management
36
Millennium Management
New York
$28.7M -$5.13M -332,500 -15%
Primecap Management
37
Primecap Management
California
$26M
Fidelity Investments
38
Fidelity Investments
Massachusetts
$24.4M +$7.05M +456,802 +41%
Prudential Financial
39
Prudential Financial
New Jersey
$23.8M -$4.37M -283,300 -16%
Bank of New York Mellon
40
Bank of New York Mellon
New York
$23.5M +$5.92M +383,916 +34%
Boston Partners
41
Boston Partners
Massachusetts
$22.9M +$1.99M +129,232 +10%
DCM
42
Discovery Capital Management
Connecticut
$22.7M +$22.4M +1,449,800 New
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$21M -$2.47M -160,000 -11%
WBC
44
Westpac Banking Corp
Australia
$20.8M +$6.92M +448,560 +51%
USAA
45
United Services Automobile Association
Texas
$20.2M -$640K -41,500 -3%
IUAM
46
Itau USA Asset Management
New York
$20.1M +$3.28M +212,491 +20%
Deutsche Bank
47
Deutsche Bank
Germany
$19.3M +$2.23M +144,612 +13%
Massachusetts Financial Services
48
Massachusetts Financial Services
Massachusetts
$18.7M +$110K +7,139 +0.6%
PCM
49
Pennant Capital Management
New Jersey
$18M +$8.49M +550,000 +92%
Daiwa Securities Group
50
Daiwa Securities Group
Japan
$16.5M +$5.23M +339,100 +47%

PBR.A Hedge Fund Activity: Q2 2014 in Review

189 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q2 2014, worth a combined $10.1B — up 12% from $9.01B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new PBR.A positions and 16 closed out — a net gain of 8 holders — while 63 added to existing stakes and 67 trimmed.

The largest buyer was Franklin Resources, adding an estimated $144M. The largest seller was Aberdeen Asset Management, cutting an estimated $155M.

  • 189 institutional investors held Petrobras Class A (PBR.A) as of Q2 2014, up from 182 in Q1 2014.
  • Funds reported $10.1B of Petrobras Class A stock for Q2 2014, up 12% quarter-over-quarter.
  • 24 funds opened new Petrobras Class A positions in Q2 2014 and 16 closed out, a net change of +8 holders.
  • The largest Petrobras Class A buyer in Q2 2014 was Franklin Resources, an estimated $144M added.
  • The largest Petrobras Class A seller in Q2 2014 was Aberdeen Asset Management, an estimated $155M sold.

Based on aggregated 13F filings for Q2 2014.