Petrobras Class A
PBR.A
131 hedge funds and large institutions have $1.43B invested in Petrobras Class A in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 53 reducing their positions, and 43 closing their positions.
0.15% more ownership
Funds ownership: 4.56% → 4.71% (+0.15%)
13% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 53
19% less funds holding
Funds holding: 162 → 131 (-31)
31% less call options, than puts
Call options by funds: $8.5M | Put options by funds: $12.4M
63% less capital invested
Capital invested by funds: $3.84B → $1.43B (-$2.41B)
67% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 43
75% less funds holding in top 10
Funds holding in top 10: 8 → 2 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$253M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$240M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$82M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.2M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$8.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$118M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$77.7M |
| 3 |
Morgan Stanley
New York
|
-$51.1M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$38.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$35.7M |
PBR.A Hedge Fund Activity: Q1 2020 in Review
131 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2020, worth a combined $1.43B — down 63% from $3.84B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of PBR.A and 14 opened new positions — a net loss of 29 holders — while 53 trimmed existing stakes and 46 added.
The largest buyer was Goldman Sachs, adding an estimated $253M. The largest seller was Contrarian Capital Management, exiting entirely with an estimated $118M sold.
- 131 institutional investors held Petrobras Class A (PBR.A) as of Q1 2020, down from 162 in Q4 2019.
- Funds reported $1.43B of Petrobras Class A stock for Q1 2020, down 63% quarter-over-quarter.
- 14 funds opened new Petrobras Class A positions in Q1 2020 and 43 closed out, a net change of -29 holders.
- The largest Petrobras Class A buyer in Q1 2020 was Goldman Sachs, an estimated $253M added.
- The largest Petrobras Class A seller in Q1 2020 was Contrarian Capital Management, an estimated $118M sold.
Based on aggregated 13F filings for Q1 2020.