Petrobras Class A
PBR.A
161 hedge funds and large institutions have $3.13B invested in Petrobras Class A in 2018 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 47 increasing their positions, 55 reducing their positions, and 27 closing their positions.
172% more call options, than puts
Call options by funds: $2.84M | Put options by funds: $1.04M
26% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 27
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
4% more funds holding
Funds holding: 155 → 161 (+6)
0.67% less ownership
Funds ownership: 5.84% → 5.18% (-0.67%)
15% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 55
82% less capital invested
Capital invested by funds: $17.8B → $3.13B (-$14.6B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$114M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$97M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$80.3M |
| 4 |
Millennium Management
New York
|
+$75.9M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$385M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$159M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$110M |
| 4 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$88.9M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$69.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LMGAM
176
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| – | -$276K | -26,400 | Closed |
|
|
TSS
177
Two Sigma Securities
New York
| – | -$220K | -20,994 | Closed |
|
178
CIBC World Market
Toronto,
Ontario, Canada
| – | -$207K | -19,750 | Closed |
|
179
SG Americas Securities
New York
| – | -$198K | -18,946 | Closed |
|
|
HFP
180
Holistic Financial Partners
Indianapolis,
Indiana
| – | -$179K | -17,147 | Closed |
|
|
HF
181
HRT Financial
New York
| – | -$169K | -16,195 | Closed |
|
|
GC
182
Guggenheim Capital
Chicago,
Illinois
| – | -$105K | -10,069 | Closed |
|
|
QT
183
Quantbot Technologies
New York
| – | -$96K | -9,264 | Closed |
|
|
CAL
184
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$11K | -1,065 | Closed |
|
|
LIA
185
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$11K | -1,020 | Closed |
|
|
SPIA
186
Steward Partners Investment Advisory
New York
| – | -$4K | -375 | Closed |
|
187
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -145 | Closed |
|
PBR.A Hedge Fund Activity: Q4 2018 in Review
161 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2018, worth a combined $3.13B — down 82% from $17.8B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PBR.A positions and 27 closed out — a net gain of 7 holders — while 47 added to existing stakes and 55 trimmed.
The largest buyer was Bank of America, adding an estimated $114M. The largest seller was Capital Research Global Investors, cutting an estimated $385M.
- 161 institutional investors held Petrobras Class A (PBR.A) as of Q4 2018, up from 155 in Q3 2018.
- Funds reported $3.13B of Petrobras Class A stock for Q4 2018, down 82% quarter-over-quarter.
- 34 funds opened new Petrobras Class A positions in Q4 2018 and 27 closed out, a net change of +7 holders.
- The largest Petrobras Class A buyer in Q4 2018 was Bank of America, an estimated $114M added.
- The largest Petrobras Class A seller in Q4 2018 was Capital Research Global Investors, an estimated $385M sold.
Based on aggregated 13F filings for Q4 2018.