Petrobras Class A
PBR.A
120 hedge funds and large institutions have $2.53B invested in Petrobras Class A in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 35 increasing their positions, 37 reducing their positions, and 22 closing their positions.
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
3% more funds holding
Funds holding: 116 → 120 (+4)
0.02% less ownership
Funds ownership: 5.3% → 5.29% (-0.02%)
5% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 37
21% less capital invested
Capital invested by funds: $3.21B → $2.53B (-$687M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
37% less call options, than puts
Call options by funds: $99.4M | Put options by funds: $158M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$85.7M |
| 2 |
Goldman Sachs
New York
|
+$80.4M |
| 3 |
BlackRock
New York
|
+$71.1M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$35.7M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$340M |
| 2 |
Bank of New York Mellon
New York
|
-$33.9M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$24.5M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$24.1M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
-$17.3M |
PBR.A Hedge Fund Activity: Q1 2021 in Review
120 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2021, worth a combined $2.53B — down 21% from $3.21B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PBR.A positions and 22 closed out — a net gain of 4 holders — while 35 added to existing stakes and 37 trimmed.
The largest buyer was Bank of America, adding an estimated $85.7M. The largest seller was Capital World Investors, exiting entirely with an estimated $340M sold.
- 120 institutional investors held Petrobras Class A (PBR.A) as of Q1 2021, up from 116 in Q4 2020.
- Funds reported $2.53B of Petrobras Class A stock for Q1 2021, down 21% quarter-over-quarter.
- 26 funds opened new Petrobras Class A positions in Q1 2021 and 22 closed out, a net change of +4 holders.
- The largest Petrobras Class A buyer in Q1 2021 was Bank of America, an estimated $85.7M added.
- The largest Petrobras Class A seller in Q1 2021 was Capital World Investors, an estimated $340M sold.
Based on aggregated 13F filings for Q1 2021.