Petrobras Class A
PBR.A
156 hedge funds and large institutions have $2.11B invested in Petrobras Class A in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 66 reducing their positions, and 37 closing their positions.
0.35% more ownership
Funds ownership: 9.82% → 10.16% (+0.35%)
14% less funds holding
Funds holding: 182 → 156 (-26)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
32% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 66
53% less capital invested
Capital invested by funds: $4.51B → $2.11B (-$2.41B)
62% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$264M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$43.1M |
| 3 |
Renaissance Technologies
New York
|
+$25.7M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$20.4M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$62.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$40M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$29.5M |
| 4 |
Goldman Sachs
New York
|
-$26.7M |
| 5 |
Millennium Management
New York
|
-$23.6M |
PBR.A Hedge Fund Activity: Q3 2015 in Review
156 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2015, worth a combined $2.11B — down 53% from $4.51B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PBR.A and 14 opened new positions — a net loss of 23 holders — while 66 trimmed existing stakes and 45 added.
The largest buyer was Dodge & Cox, adding an estimated $264M. The largest seller was T. Rowe Price Associates, cutting an estimated $62.9M.
- 156 institutional investors held Petrobras Class A (PBR.A) as of Q3 2015, down from 182 in Q2 2015.
- Funds reported $2.11B of Petrobras Class A stock for Q3 2015, down 53% quarter-over-quarter.
- 14 funds opened new Petrobras Class A positions in Q3 2015 and 37 closed out, a net change of -23 holders.
- The largest Petrobras Class A buyer in Q3 2015 was Dodge & Cox, an estimated $264M added.
- The largest Petrobras Class A seller in Q3 2015 was T. Rowe Price Associates, an estimated $62.9M sold.
Based on aggregated 13F filings for Q3 2015.