Petrobras Class A
PBR.A
162 hedge funds and large institutions have $3.84B invested in Petrobras Class A in 2019 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 52 increasing their positions, 56 reducing their positions, and 24 closing their positions.
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
1% more funds holding
Funds holding: 160 → 162 (+2)
4% more capital invested
Capital invested by funds: $3.69B → $3.84B (+$145M)
0.44% less ownership
Funds ownership: 5% → 4.56% (-0.44%)
7% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 56
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
60% less call options, than puts
Call options by funds: $23M | Put options by funds: $57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$75.7M |
| 2 |
Morgan Stanley
New York
|
+$53.2M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$51.2M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$28M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$146M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$103M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$58.8M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$51.5M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$43.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
176
GSA Capital Partners
London,
United Kingdom
| – | -$234K | -17,784 | Closed |
|
|
MOS
177
MGO One Seven
Beachwood,
Ohio
| – | -$230K | -17,473 | Closed |
|
|
BAM
178
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$213K | -16,210 | Closed |
|
179
Marshall Wace
London,
United Kingdom
| – | -$187K | -14,217 | Closed |
|
|
BBP
180
Banco BTG Pactual
Rio De Janeiro,
Brazil
| – | -$173K | -13,147 | Closed |
|
|
CA
181
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$132K | -10,035 | Closed |
|
|
NMC
182
Nine Masts Capital
Central,
Hong Kong
| – | -$98.6K | -7,501 | Closed |
|
183
Rockefeller Capital Management
New York
| – | -$7K | -512 | Closed |
|
|
FPFS
184
First Personal Financial Services
Charlotte,
North Carolina
| – | -$7K | -479 | Closed |
|
|
PW
185
Price Wealth
Austin,
Texas
| – | -$2K | -128 | Closed |
|
|
OPS
186
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$85 | +6 | New |
|
|
QCG
187
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$723 | +51 | New |
|
PBR.A Hedge Fund Activity: Q4 2019 in Review
162 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2019, worth a combined $3.84B — up 3.9% from $3.69B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PBR.A positions and 24 closed out — a net gain of 4 holders — while 52 added to existing stakes and 56 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $75.7M. The largest seller was Susquehanna International Group, cutting an estimated $146M.
- 162 institutional investors held Petrobras Class A (PBR.A) as of Q4 2019, up from 160 in Q3 2019.
- Funds reported $3.84B of Petrobras Class A stock for Q4 2019, up 3.9% quarter-over-quarter.
- 28 funds opened new Petrobras Class A positions in Q4 2019 and 24 closed out, a net change of +4 holders.
- The largest Petrobras Class A buyer in Q4 2019 was Renaissance Technologies, an estimated $75.7M added.
- The largest Petrobras Class A seller in Q4 2019 was Susquehanna International Group, an estimated $146M sold.
Based on aggregated 13F filings for Q4 2019.