Petrobras Class A
PBR.A
178 hedge funds and large institutions have $11.6B invested in Petrobras Class A in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 70 increasing their positions, 61 reducing their positions, and 18 closing their positions.
46,562% more call options, than puts
Call options by funds: $39.7M | Put options by funds: $85K
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
23% more capital invested
Capital invested by funds: $9.44B → $11.6B (+$2.14B)
15% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 61
0.85% more ownership
Funds ownership: 11.46% → 12.31% (+0.85%)
2% less funds holding
Funds holding: 181 → 178 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$310M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$184M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$100M |
| 4 |
Dodge & Cox
San Francisco,
California
|
+$72.6M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$66.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$116M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$102M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$64.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$21M |
| 5 |
JP Morgan Chase
New York
|
-$20.3M |
PBR.A Hedge Fund Activity: Q3 2013 in Review
178 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2013, worth a combined $11.6B — up 23% from $9.44B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PBR.A and 16 opened new positions — a net loss of 2 holders — while 61 trimmed existing stakes and 70 added.
The largest buyer was Aberdeen Asset Management, adding an estimated $310M. The largest seller was Bank of New York Mellon, cutting an estimated $116M.
- 178 institutional investors held Petrobras Class A (PBR.A) as of Q3 2013, down from 181 in Q2 2013.
- Funds reported $11.6B of Petrobras Class A stock for Q3 2013, up 23% quarter-over-quarter.
- 16 funds opened new Petrobras Class A positions in Q3 2013 and 18 closed out, a net change of -2 holders.
- The largest Petrobras Class A buyer in Q3 2013 was Aberdeen Asset Management, an estimated $310M added.
- The largest Petrobras Class A seller in Q3 2013 was Bank of New York Mellon, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2013.