Petrobras Class A
PBR.A
126 hedge funds and large institutions have $2.8B invested in Petrobras Class A in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 50 increasing their positions, 45 reducing their positions, and 17 closing their positions.
26% more capital invested
Capital invested by funds: $2.21B → $2.8B (+$585M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
11% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 45
0.12% less ownership
Funds ownership: 5.28% → 5.16% (-0.12%)
4% less call options, than puts
Call options by funds: $674K | Put options by funds: $699K
7% less funds holding
Funds holding: 136 → 126 (-10)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$40.6M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$29.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$26.1M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$26M |
| 5 |
AG
Ashmore Group
London,
United Kingdom
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$96.9M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$42.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$41.3M |
| 4 |
RCP
RIT Capital Partners
London,
United Kingdom
|
-$34M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$23M |
PBR.A Hedge Fund Activity: Q3 2017 in Review
126 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2017, worth a combined $2.8B — up 26% from $2.21B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PBR.A and 10 opened new positions — a net loss of 7 holders — while 45 trimmed existing stakes and 50 added.
The largest buyer was Capital Research Global Investors, adding an estimated $40.6M. The largest seller was Goldman Sachs, cutting an estimated $96.9M.
- 126 institutional investors held Petrobras Class A (PBR.A) as of Q3 2017, down from 136 in Q2 2017.
- Funds reported $2.8B of Petrobras Class A stock for Q3 2017, up 26% quarter-over-quarter.
- 10 funds opened new Petrobras Class A positions in Q3 2017 and 17 closed out, a net change of -7 holders.
- The largest Petrobras Class A buyer in Q3 2017 was Capital Research Global Investors, an estimated $40.6M added.
- The largest Petrobras Class A seller in Q3 2017 was Goldman Sachs, an estimated $96.9M sold.
Based on aggregated 13F filings for Q3 2017.