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Petrobras Class A

138 hedge funds and large institutions have $2.56B invested in Petrobras Class A in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 61 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more capital invested

Capital invested by funds: $1.94B → $2.56B (+$618M)

0.04% less ownership

Funds ownership: 10.14%10.1% (-0.04%)

15% less funds holding

Funds holding: 162138 (-24)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

46% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 61

70% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 33

Holders
138
Holders Change
-24
Holders Change %
-14.81%
% of All Funds
3.68%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.13%
New
10
Increased
33
Reduced
61
Closed
33
Calls
$128K
Puts
Net Calls
+$128K
Net Calls Change
+$128K
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$8.56M -$4.95M -1,641,900 -47%
Citigroup
27
Citigroup
New York
$8.55M +$938K +310,818 +20%
Norges Bank
28
Norges Bank
Norway
$5.7M
Daiwa Securities Group
29
Daiwa Securities Group
Japan
$5.48M +$992K +329,000 +37%
AAM
30
Aberdeen Asset Management
United Kingdom
$5.18M -$1.05M -349,300 -23%
PPA
31
Parametric Portfolio Associates
Washington
$4.84M -$97.9K -32,465 -3%
Boston Partners
32
Boston Partners
Massachusetts
$4.53M -$1.21M -400,000 -29%
BIM
33
BlackRock Investment Management
Delaware
$4.3M -$573K -190,000 -17%
HSBC Holdings
34
HSBC Holdings
United Kingdom
$4.14M +$105K +34,834 +4%
Schroder Investment Management Group
35
Schroder Investment Management Group
United Kingdom
$3.92M -$1.83M -604,994 -42%
CS
36
Credit Suisse
Switzerland
$3.71M -$979K -324,467 -28%
ERSOT
37
Employees Retirement System of Texas
Texas
$3.22M
BA
38
BlackRock Advisors
Delaware
$3.17M -$287K -95,000 -12%
Marshall Wace
39
Marshall Wace
United Kingdom
$3.17M +$920K +304,955 +77%
Primecap Management
40
Primecap Management
California
$3.15M
SI
41
Squadra Investments
Brazil
$3.03M +$370K +122,500 +22%
Invesco
42
Invesco
Georgia
$2.94M -$280K -92,889 -13%
Arrowstreet Capital
43
Arrowstreet Capital
Massachusetts
$2.92M -$5.55M -1,838,297 -74%
Deutsche Bank
44
Deutsche Bank
Germany
$2.64M -$1.26M -416,710 -42%
Millennium Management
45
Millennium Management
New York
$2.6M +$323K +107,141 +23%
State of Wisconsin Investment Board
46
State of Wisconsin Investment Board
Wisconsin
$2.03M +$35.4K +11,746 +3%
Jane Street
47
Jane Street
New York
$2.02M +$273K +90,575 +26%
AllianceBernstein
48
AllianceBernstein
Tennessee
$1.92M -$551K -182,705 -30%
DekaBank Deutsche Girozentrale
49
DekaBank Deutsche Girozentrale
Germany
$1.88M
BNP Paribas Financial Markets
50
BNP Paribas Financial Markets
France
$1.76M +$450K +149,140 +62%

PBR.A Hedge Fund Activity: Q1 2016 in Review

138 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2016, worth a combined $2.56B — up 32% from $1.94B a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of PBR.A and 10 opened new positions — a net loss of 23 holders — while 61 trimmed existing stakes and 33 added.

The largest buyer was Morgan Stanley, adding an estimated $73.8M. The largest seller was Brandes Investment Partners, cutting an estimated $67.3M.

  • 138 institutional investors held Petrobras Class A (PBR.A) as of Q1 2016, down from 162 in Q4 2015.
  • Funds reported $2.56B of Petrobras Class A stock for Q1 2016, up 32% quarter-over-quarter.
  • 10 funds opened new Petrobras Class A positions in Q1 2016 and 33 closed out, a net change of -23 holders.
  • The largest Petrobras Class A buyer in Q1 2016 was Morgan Stanley, an estimated $73.8M added.
  • The largest Petrobras Class A seller in Q1 2016 was Brandes Investment Partners, an estimated $67.3M sold.

Based on aggregated 13F filings for Q1 2016.