Petrobras Class A
PBR.A
143 hedge funds and large institutions have $4.22B invested in Petrobras Class A in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 42 reducing their positions, and 18 closing their positions.
31% more capital invested
Capital invested by funds: $3.21B → $4.22B (+$1.01B)
14% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 42
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
0% more funds holding
Funds holding: 143 → 143 (0)
0.81% less ownership
Funds ownership: 9.84% → 9.02% (-0.81%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
65% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $2.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$123M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$89.4M |
| 3 |
Goldman Sachs
New York
|
+$71.7M |
| 4 |
Morgan Stanley
New York
|
+$60.1M |
| 5 |
JP Morgan Chase
New York
|
+$49.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$517M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$104M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$75.7M |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$70.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$56.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
151
Squadra Investments
Rio De Janeiro,
Brazil
| – | -$895K | -125,000 | Closed |
|
|
QIM
152
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$607K | -104,500 | Closed |
|
|
BIT
153
BlackRock Institutional Trust
San Francisco,
California
| – | -$296K | -50,875 | Closed |
|
154
Wolverine Trading
Chicago,
Illinois
| – | -$249K | -42,632 | Closed |
|
155
LSV Asset Management
Chicago,
Illinois
| – | -$221K | -38,200 | Closed |
|
|
ICM
156
Ionic Capital Management
New York
| – | -$145K | -25,000 | Closed |
|
157
RhumbLine Advisers
Boston,
Massachusetts
| – | -$137K | -23,510 | Closed |
|
158
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$88K | -15,085 | Closed |
|
|
BSW
159
Buckingham Strategic Wealth
Clayton,
Missouri
| – | -$63K | -10,760 | Closed |
|
|
PP
160
Prudential plc
London, England,
United Kingdom
| – | -$62K | -10,662 | Closed |
|
161
Axa
Paris,
France
| – | -$16K | -2,600 | Closed |
|
162
Creative Planning
Overland Park,
Kansas
| – | -$1K | -135 | Closed |
|
PBR.A Hedge Fund Activity: Q3 2016 in Review
143 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2016, worth a combined $4.22B — up 31% from $3.21B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PBR.A positions and 18 closed out — a net gain of 2 holders — while 48 added to existing stakes and 42 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $123M. The largest seller was Dodge & Cox, cutting an estimated $517M.
- 143 institutional investors held Petrobras Class A (PBR.A) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $4.22B of Petrobras Class A stock for Q3 2016, up 31% quarter-over-quarter.
- 20 funds opened new Petrobras Class A positions in Q3 2016 and 18 closed out, a net change of +2 holders.
- The largest Petrobras Class A buyer in Q3 2016 was Schroder Investment Management Group, an estimated $123M added.
- The largest Petrobras Class A seller in Q3 2016 was Dodge & Cox, an estimated $517M sold.
Based on aggregated 13F filings for Q3 2016.