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

Petrobras Class A
PBR.A

216 hedge funds and large institutions have $4.39B invested in Petrobras Class A in 2026 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 74 increasing their positions, 75 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

254% more call options, than puts

Call options by funds: $392M | Put options by funds: $111M

101% more capital invested

Capital invested by funds: $2.18B → $4.39B (+$2.21B)

82% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 22

50% more funds holding in top 10

Funds holding in top 10: 8 → 12 (+4)

8% more funds holding

Funds holding: 200 → 216 (+16)

1.47% more ownership

Funds ownership: 7.1% → 8.57% (+1.5%)

1% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 75

Holders
216
Holders Change
+16
Holders Change %
+8%
% of All Funds
2.66%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.15%
New
40
Increased
74
Reduced
75
Closed
22
Calls
$392M
Puts
$111M
Net Calls
+$281M
Net Calls Change
+$271M

Top Buyers

1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$287M
2
SGDR
SPX Gestao de Recursos
Brazil
+$84.5M
3
JP Morgan Chase
JP Morgan Chase
New York
+$84M
4
BlackRock
BlackRock
New York
+$56M
5
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
+$55.9M

Top Sellers

1
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$76.6M
2
IUHSA
Itau Unibanco Holding S.A.
Brazil
-$45.7M
3
RFM
Ranmore Fund Management
United Kingdom
-$44.9M
4
SC
Sagil Capital
United Kingdom
-$20.3M
5
BIP
Brandes Investment Partners
California
-$18.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
Geode Capital Management
76
Geode Capital Management
Massachusetts
$2.37M -$5.09M -343,771 -73%
CFO
77
Callan Family Office
Pennsylvania
$2.26M +$16.4K +1,107 +0.9%
OWP
78
Obermeyer Wealth Partners
Colorado
$2.2M -$459 -31 -0%
WPA
79
WIT Partners Advisory
Singapore
$2.1M +$1.02M +68,765 +158%
MA
80
Mutual Advisors
Nebraska
$2.05M +$176K +11,893 +12%
Neuberger Berman Group
81
Neuberger Berman Group
New York
$2.04M +$272K +18,382 +20%
Canada Life
82
Canada Life
Manitoba, Canada
$2.04M -$99.3K -6,699 -6%
VPM
83
Vanguard Portfolio Management
Pennsylvania
$1.99M +$1.58M +106,385 New
WSCM
84
Wellington Shields Capital Management
New York
$1.77M -$80K -5,400 -5%
OP
85
Oldfield Partners
United Kingdom
$1.75M +$38.1K +2,570 +3%
CC
86
Commons Capital
Massachusetts
$1.69M -$445K -30,000 -25%
Bank of Montreal
87
Bank of Montreal
Ontario, Canada
$1.64M -$66.9K -4,514 -5%
Natixis Advisors
88
Natixis Advisors
Massachusetts
$1.62M +$465K +31,361 +57%
QI
89
Qtron Investments
Massachusetts
$1.58M -$31.6K -2,132 -2%
VA
90
Vident Advisory
Georgia
$1.47M +$1.16M +78,330 New
Daiwa Securities Group
91
Daiwa Securities Group
Japan
$1.46M -$133K -9,000 -10%
AA
92
ABC Arbitrage
France
$1.35M +$1.06M +71,849 New
Brown Advisory
93
Brown Advisory
Maryland
$1.31M +$1.03M +69,828 New
NS
94
NBC Securities
Alabama
$1.29M -$493K -33,275 -33%
NMIMC
95
Northwestern Mutual Investment Management Company
Wisconsin
$1.28M -$120K -8,081 -11%
VanEck Associates
96
VanEck Associates
New York
$1.26M +$130K +8,744 +15%
Corient Private Wealth
97
Corient Private Wealth
Florida
$1.25M -$1.11M -75,187 -53%
BMSSC
98
B. Metzler seel. Sohn & Co
Germany
$1.15M -$61.2K -4,133 -6%
GAM
99
Gotham Asset Management
New York
$1.13M +$151K +10,200 +20%
HS
100
HighVista Strategies
Massachusetts
$1.11M +$62.2K +4,200 +8%
2 3
4
5 6

PBR.A Hedge Fund Activity: Q1 2026 in Review

216 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2026, worth a combined $4.39B — up 101% from $2.18B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new PBR.A positions and 22 closed out — a net gain of 18 holders — while 74 added to existing stakes and 75 trimmed.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $287M. The largest seller was Massachusetts Financial Services, cutting an estimated $76.6M.

  • 216 institutional investors held Petrobras Class A (PBR.A) as of Q1 2026, up from 200 in Q4 2025.
  • Funds reported $4.39B of Petrobras Class A stock for Q1 2026, up 101% quarter-over-quarter.
  • 40 funds opened new Petrobras Class A positions in Q1 2026 and 22 closed out, a net change of +18 holders.
  • The largest Petrobras Class A buyer in Q1 2026 was Arrowstreet Capital, an estimated $287M added.
  • The largest Petrobras Class A seller in Q1 2026 was Massachusetts Financial Services, an estimated $76.6M sold.

Based on aggregated 13F filings for Q1 2026.