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Petrobras Class A

138 hedge funds and large institutions have $3.88B invested in Petrobras Class A in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 47 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 47

5% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 20

1% more capital invested

Capital invested by funds: $3.86B → $3.88B (+$29.2M)

0.25% less ownership

Funds ownership: 7.79%7.54% (-0.25%)

3% less funds holding

Funds holding: 143138 (-5)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $300K

Holders
138
Holders Change
-5
Holders Change %
-3.5%
% of All Funds
3.44%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.15%
New
21
Increased
50
Reduced
47
Closed
20
Calls
Puts
$300K
Net Calls
-$300K
Net Calls Change
+$1.13M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$24.8M -$2.14M -224,200 -8%
Millennium Management
27
Millennium Management
New York
$23.5M -$12.5M -1,313,732 -34%
SGDR
28
SPX Gestao de Recursos
Brazil
$22.5M +$13.2M +1,385,777 +132%
BNP Paribas Asset Management
29
BNP Paribas Asset Management
France
$18.5M +$3.96M +415,300 +26%
OP
30
Oldfield Partners
United Kingdom
$17.8M +$3.1M +325,800 +9%
Invesco
31
Invesco
Georgia
$17.6M +$325K +34,066 +2%
B
32
Barings
North Carolina
$16.9M +$17.5M +1,837,714 New
Wells Fargo
33
Wells Fargo
California
$16.8M +$1.57M +164,859 +10%
BAM
34
Baring Asset Management
United Kingdom
$15.3M +$8.46M +887,480 +115%
DCM
35
Discovery Capital Management
Connecticut
$13.5M +$13.9M +1,463,000 New
Renaissance Technologies
36
Renaissance Technologies
New York
$13.5M +$9.77M +1,025,676 +237%
MWNA
37
Marshall Wace North America
New York
$13.4M +$14.2M +1,493,306 New
CII
38
Capital International Inc
California
$12.2M -$489K -51,300 -4%
Axa
39
Axa
France
$11.8M +$11.8M +1,239,445 +3,031%
Norges Bank
40
Norges Bank
Norway
$11.6M
KL
41
KGH Ltd
Bahamas
$11.5M -$632K -66,293 -5%
Franklin Resources
42
Franklin Resources
California
$10.9M -$49.3K -5,171 -0.4%
CGT
43
Capital Guardian Trust
California
$10.4M +$716K +75,200 +7%
Daiwa Securities Group
44
Daiwa Securities Group
Japan
$9.79M +$478K +50,200 +5%
AIM
45
ARGA Investment Management
Connecticut
$9.55M -$1.18M -123,800 -11%
GPC
46
Glen Point Capital
United Kingdom
$9.54M +$9.38M +984,467 New
Fidelity International
47
Fidelity International
Bermuda
$9.28M +$3.72M +390,405 +63%
Boston Partners
48
Boston Partners
Massachusetts
$9.22M
CAM
49
ClariVest Asset Management
California
$7.58M -$1.51M -158,400 -16%
APG Asset Management
50
APG Asset Management
Netherlands
$7.33M

PBR.A Hedge Fund Activity: Q1 2017 in Review

138 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2017, worth a combined $3.88B — up 0.76% from $3.86B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PBR.A positions and 20 closed out — a net gain of 1 holder — while 50 added to existing stakes and 47 trimmed.

The largest buyer was BlackRock, adding an estimated $220M. The largest seller was Dimensional Fund Advisors, cutting an estimated $58.5M.

  • 138 institutional investors held Petrobras Class A (PBR.A) as of Q1 2017, down from 143 in Q4 2016.
  • Funds reported $3.88B of Petrobras Class A stock for Q1 2017, up 0.76% quarter-over-quarter.
  • 21 funds opened new Petrobras Class A positions in Q1 2017 and 20 closed out, a net change of +1 holder.
  • The largest Petrobras Class A buyer in Q1 2017 was BlackRock, an estimated $220M added.
  • The largest Petrobras Class A seller in Q1 2017 was Dimensional Fund Advisors, an estimated $58.5M sold.

Based on aggregated 13F filings for Q1 2017.