Petrobras Class A
PBR.A
196 hedge funds and large institutions have $9.01B invested in Petrobras Class A in 2014 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 84 reducing their positions, and 16 closing their positions.
6,330% more call options, than puts
Call options by funds: $30.1M | Put options by funds: $468K
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
4% more funds holding
Funds holding: 189 → 196 (+7)
0.7% less ownership
Funds ownership: 11.46% → 10.77% (-0.7%)
11% less capital invested
Capital invested by funds: $10.1B → $9.01B (-$1.08B)
32% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$147M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$71.9M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$71.2M |
| 4 |
Morgan Stanley
New York
|
+$63.3M |
| 5 |
Citigroup
New York
|
+$50.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$327M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$211M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$154M |
| 4 |
Dodge & Cox
San Francisco,
California
|
-$136M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$131M |
PBR.A Hedge Fund Activity: Q3 2014 in Review
196 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2014, worth a combined $9.01B — down 11% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PBR.A positions and 16 closed out — a net gain of 9 holders — while 57 added to existing stakes and 84 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $147M. The largest seller was Aberdeen Asset Management, cutting an estimated $327M.
- 196 institutional investors held Petrobras Class A (PBR.A) as of Q3 2014, up from 189 in Q2 2014.
- Funds reported $9.01B of Petrobras Class A stock for Q3 2014, down 11% quarter-over-quarter.
- 25 funds opened new Petrobras Class A positions in Q3 2014 and 16 closed out, a net change of +9 holders.
- The largest Petrobras Class A buyer in Q3 2014 was OppenheimerFunds, an estimated $147M added.
- The largest Petrobras Class A seller in Q3 2014 was Aberdeen Asset Management, an estimated $327M sold.
Based on aggregated 13F filings for Q3 2014.