Petrobras Class A
PBR.A
143 hedge funds and large institutions have $3.86B invested in Petrobras Class A in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 40 increasing their positions, 50 reducing their positions, and 27 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
7% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 27
0% more funds holding
Funds holding: 143 → 143 (0)
1.24% less ownership
Funds ownership: 9.02% → 7.79% (-1.2%)
9% less capital invested
Capital invested by funds: $4.22B → $3.86B (-$362M)
20% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 50
93% less call options, than puts
Call options by funds: $115K | Put options by funds: $1.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$56.8M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
+$46.8M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$36.5M |
| 4 |
Millennium Management
New York
|
+$32.8M |
| 5 |
CIS
Capital International Sarl
Los Angeles,
California
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$370M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$163M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$98.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$79.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$78.1M |
PBR.A Hedge Fund Activity: Q4 2016 in Review
143 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2016, worth a combined $3.86B — down 8.6% from $4.22B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PBR.A positions and 27 closed out — a net gain of 2 holders — while 40 added to existing stakes and 50 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $56.8M. The largest seller was Morgan Stanley, cutting an estimated $370M.
- 143 institutional investors held Petrobras Class A (PBR.A) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $3.86B of Petrobras Class A stock for Q4 2016, down 8.6% quarter-over-quarter.
- 29 funds opened new Petrobras Class A positions in Q4 2016 and 27 closed out, a net change of +2 holders.
- The largest Petrobras Class A buyer in Q4 2016 was Capital Research Global Investors, an estimated $56.8M added.
- The largest Petrobras Class A seller in Q4 2016 was Morgan Stanley, an estimated $370M sold.
Based on aggregated 13F filings for Q4 2016.