We are live on ! Find out more
PBR.A icon

Petrobras Class A
PBR.A

176 hedge funds and large institutions have $3.79B invested in Petrobras Class A in 2024 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 63 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more call options, than puts

Call options by funds: $129M | Put options by funds: $78.2M

22% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 18

2% more funds holding

Funds holding: 172 → 176 (+4)

0% more funds holding in top 10

Funds holding in top 10: 6 → 6 (0)

0.07% less ownership

Funds ownership: 4.62% → 4.54% (-0.07%)

4% less capital invested

Capital invested by funds: $3.95B → $3.79B (-$163M)

14% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 63

Holders
176
Holders Change
+4
Holders Change %
+2.33%
% of All Funds
2.54%
Holding in Top 10
6
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
22
Increased
54
Reduced
63
Closed
18
Calls
$129M
Puts
$78.2M
Net Calls
+$51.2M
Net Calls Change
-$3.15M

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$301M
2
Bank of America
Bank of America
North Carolina
+$101M
3
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
+$58M
4
CCM
Causeway Capital Management
California
+$40.8M
5
HSBC Holdings
HSBC Holdings
United Kingdom
+$14.3M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$181M
2
WPL
WINDACRE PARTNERSHIP LLC
Texas
-$120M
3
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$114M
4
KL
KGH Ltd
Bahamas
-$63.6M
5
CFM
Coronation Fund Managers
South Africa
-$51.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Verition Fund Management
26
Verition Fund Management
Connecticut
$18.6M – – –
Allspring Global Investments
27
Allspring Global Investments
North Carolina
$16M +$2.96M +187,066 +21%
OP
28
Oldfield Partners
United Kingdom
$13.8M -$3.92M -248,000 -21%
Geode Capital Management
29
Geode Capital Management
Massachusetts
$13.5M – – –
Millennium Management
30
Millennium Management
New York
$13M -$16.6M -1,052,257 -55%
Schroder Investment Management Group
31
Schroder Investment Management Group
United Kingdom
$12.7M +$739K +46,773 +6%
Man Group
32
Man Group
United Kingdom
$12.4M +$1.93M +122,191 +17%
Barclays
33
Barclays
United Kingdom
$11.7M -$111K -7,000 -0.9%
Renaissance Technologies
34
Renaissance Technologies
New York
$9.79M +$8.71M +551,200 +520%
T. Rowe Price Associates
35
T. Rowe Price Associates
Maryland
$9.08M – – –
AIMCA
36
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$7.7M – – –
Invesco
37
Invesco
Georgia
$7.52M +$2.82M +178,357 +55%
B
38
Barings
North Carolina
$7M -$2.82M -178,383 -28%
Citadel Advisors
39
Citadel Advisors
Florida
$6.89M +$4.29M +271,570 +142%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$6.88M +$6.61M +418,396 +961%
Connor, Clark & Lunn Investment Management (CC&L)
41
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$6.1M +$6.46M +409,003 +103,284%
Wells Fargo
42
Wells Fargo
California
$5.99M +$1.7M +107,581 +37%
Jane Street
43
Jane Street
New York
$5.56M +$5.9M +373,032 New
CAAM
44
Cape Ann Asset Management
United Kingdom
$4.96M -$11.1K -700 -0.2%
TI
45
Trexquant Investment
Connecticut
$4.58M +$548K +34,647 +13%
UBS Group
46
UBS Group
Switzerland
$4.39M -$236K -14,913 -5%
DRZID
47
DePrince Race & Zollo Inc (DRZ)
Florida
$4.14M – – –
Ameriprise
48
Ameriprise
Minnesota
$4.13M -$1.27M -80,377 -22%
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$3.96M +$42.2K +2,672 +1%
Franklin Resources
50
Franklin Resources
California
$3.53M +$335K +21,228 +10%
1
2
3 4 5

PBR.A Hedge Fund Activity: Q1 2024 in Review

176 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2024, worth a combined $3.79B — down 4.1% from $3.95B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new PBR.A positions and 18 closed out — a net gain of 4 holders — while 54 added to existing stakes and 63 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $301M. The largest seller was Morgan Stanley, cutting an estimated $181M.

  • 176 institutional investors held Petrobras Class A (PBR.A) as of Q1 2024, up from 172 in Q4 2023.
  • Funds reported $3.79B of Petrobras Class A stock for Q1 2024, down 4.1% quarter-over-quarter.
  • 22 funds opened new Petrobras Class A positions in Q1 2024 and 18 closed out, a net change of +4 holders.
  • The largest Petrobras Class A buyer in Q1 2024 was Goldman Sachs, an estimated $301M added.
  • The largest Petrobras Class A seller in Q1 2024 was Morgan Stanley, an estimated $181M sold.

Based on aggregated 13F filings for Q1 2024.