Petrobras Class A
PBR.A
172 hedge funds and large institutions have $3.95B invested in Petrobras Class A in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 58 reducing their positions, and 22 closing their positions.
56% more call options, than puts
Call options by funds: $151M | Put options by funds: $96.7M
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
18% more capital invested
Capital invested by funds: $3.35B → $3.95B (+$606M)
1% more funds holding
Funds holding: 171 → 172 (+1)
0.3% more ownership
Funds ownership: 4.31% → 4.62% (+0.3%)
10% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 58
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$279M |
| 2 |
Morgan Stanley
New York
|
+$169M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$49.7M |
| 4 |
Goldman Sachs
New York
|
+$48.5M |
| 5 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$100M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$92.7M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$58.4M |
| 4 |
SC
Sagil Capital
London,
United Kingdom
|
-$20.4M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$19.6M |
PBR.A Hedge Fund Activity: Q4 2023 in Review
172 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2023, worth a combined $3.95B — up 18% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PBR.A positions and 22 closed out — a net gain of 5 holders — while 52 added to existing stakes and 58 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $279M. The largest seller was WINDACRE PARTNERSHIP LLC, cutting an estimated $100M.
- 172 institutional investors held Petrobras Class A (PBR.A) as of Q4 2023, up from 171 in Q3 2023.
- Funds reported $3.95B of Petrobras Class A stock for Q4 2023, up 18% quarter-over-quarter.
- 27 funds opened new Petrobras Class A positions in Q4 2023 and 22 closed out, a net change of +5 holders.
- The largest Petrobras Class A buyer in Q4 2023 was JP Morgan Chase, an estimated $279M added.
- The largest Petrobras Class A seller in Q4 2023 was WINDACRE PARTNERSHIP LLC, an estimated $100M sold.
Based on aggregated 13F filings for Q4 2023.