Petrobras Class A
PBR.A
160 hedge funds and large institutions have $1.9B invested in Petrobras Class A in 2022 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 40 increasing their positions, 63 reducing their positions, and 17 closing their positions.
100% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 17
9% more funds holding
Funds holding: 147 → 160 (+13)
0.27% more ownership
Funds ownership: 3.61% → 3.88% (+0.27%)
16% less capital invested
Capital invested by funds: $2.25B → $1.9B (-$353M)
27% less call options, than puts
Call options by funds: $81.5M | Put options by funds: $111M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
37% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$188M |
| 2 |
HI
Helikon Investments
London,
United Kingdom
|
+$63.5M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$51M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$34.7M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$42.9M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$38.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$30M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$22.9M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$21.5M |
PBR.A Hedge Fund Activity: Q4 2022 in Review
160 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2022, worth a combined $1.9B — down 16% from $2.25B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PBR.A positions and 17 closed out — a net gain of 17 holders — while 40 added to existing stakes and 63 trimmed.
The largest buyer was Robeco Institutional Asset Management, opening a new position worth an estimated $188M. The largest seller was KGH Ltd, cutting an estimated $42.9M.
- 160 institutional investors held Petrobras Class A (PBR.A) as of Q4 2022, up from 147 in Q3 2022.
- Funds reported $1.9B of Petrobras Class A stock for Q4 2022, down 16% quarter-over-quarter.
- 34 funds opened new Petrobras Class A positions in Q4 2022 and 17 closed out, a net change of +17 holders.
- The largest Petrobras Class A buyer in Q4 2022 was Robeco Institutional Asset Management, an estimated $188M added.
- The largest Petrobras Class A seller in Q4 2022 was KGH Ltd, an estimated $42.9M sold.
Based on aggregated 13F filings for Q4 2022.