Petrobras Class A
PBR.A
163 hedge funds and large institutions have $4.03B invested in Petrobras Class A in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 57 reducing their positions, and 27 closing their positions.
1% more funds holding
Funds holding: 161 → 163 (+2)
7% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 27
0.16% less ownership
Funds ownership: 5.21% → 5.05% (-0.16%)
3% less capital invested
Capital invested by funds: $4.15B → $4.03B (-$122M)
4% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 57
8% less call options, than puts
Call options by funds: $40.1M | Put options by funds: $43.4M
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
+$56.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$43.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$40.2M |
| 4 |
Morgan Stanley
New York
|
+$30.4M |
| 5 |
Renaissance Technologies
New York
|
+$29.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$77.5M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$51.1M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$47.4M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$44.4M |
| 5 |
Millennium Management
New York
|
-$33.5M |
PBR.A Hedge Fund Activity: Q2 2019 in Review
163 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q2 2019, worth a combined $4.03B — down 2.9% from $4.15B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PBR.A positions and 27 closed out — a net gain of 2 holders — while 55 added to existing stakes and 57 trimmed.
The largest buyer was Marshall Wace Asia, opening a new position worth an estimated $56.9M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $77.5M sold.
- 163 institutional investors held Petrobras Class A (PBR.A) as of Q2 2019, up from 161 in Q1 2019.
- Funds reported $4.03B of Petrobras Class A stock for Q2 2019, down 2.9% quarter-over-quarter.
- 29 funds opened new Petrobras Class A positions in Q2 2019 and 27 closed out, a net change of +2 holders.
- The largest Petrobras Class A buyer in Q2 2019 was Marshall Wace Asia, an estimated $56.9M added.
- The largest Petrobras Class A seller in Q2 2019 was Arrowstreet Capital, an estimated $77.5M sold.
Based on aggregated 13F filings for Q2 2019.