Petrobras Class A
PBR.A
168 hedge funds and large institutions have $2.09B invested in Petrobras Class A in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 57 increasing their positions, 46 reducing their positions, and 21 closing their positions.
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
24% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 46
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more capital invested
Capital invested by funds: $1.9B → $2.09B (+$188M)
5% more funds holding
Funds holding: 160 → 168 (+8)
0.1% more ownership
Funds ownership: 3.88% → 3.98% (+0.1%)
45% less call options, than puts
Call options by funds: $57.3M | Put options by funds: $104M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$193M |
| 2 |
Citigroup
New York
|
+$34.5M |
| 3 |
TIAM
TT International Asset Management
London,
United Kingdom
|
+$16.4M |
| 4 |
BTP
Bloom Tree Partners
New York
|
+$15.2M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$49.2M |
| 2 |
Millennium Management
New York
|
-$38.6M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$36.8M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$24M |
| 5 |
Man Group
London,
United Kingdom
|
-$23.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Squarepoint
New York
| – | -$3.13M | -318,873 | Closed |
|
177
Jane Street
New York
| – | -$1.53M | -164,849 | Closed |
|
|
TSS
178
Two Sigma Securities
New York
| – | -$1.07M | -115,684 | Closed |
|
|
AWM
179
AE Wealth Management
Topeka,
Kansas
| – | -$847K | -91,125 | Closed |
|
|
EGM
180
Engineers Gate Manager
New York
| – | -$657K | -70,695 | Closed |
|
|
XT
181
XTX Topco
George Town,
Cayman Islands
| – | -$517K | -55,628 | Closed |
|
|
VF
182
Virtu Financial
New York
| – | -$475K | -51,177 | Closed |
|
|
DTL
183
Dynamic Technology Lab
Singapore
| – | -$196K | -21,123 | Closed |
|
|
CL
184
CSS LLC
Chicago,
Illinois
| – | -$186K | -20,000 | Closed |
|
|
FTDI
185
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$142K | -15,316 | Closed |
|
|
SG
186
StoneX Group
New York
| – | -$122K | -13,135 | Closed |
|
|
AWM
187
Activest Wealth Management
Aventure,
Florida
| – | -$92.9K | -10,000 | Closed |
|
188
First Manhattan
New York
| – | -$5.05K | -544 | Closed |
|
|
DWP
189
Destiny Wealth Partners
Tavares,
Florida
| – | -$3.48K | -375 | Closed |
|
PBR.A Hedge Fund Activity: Q1 2023 in Review
168 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2023, worth a combined $2.09B — up 9.9% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PBR.A positions and 21 closed out — a net gain of 10 holders — while 57 added to existing stakes and 46 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $193M. The largest seller was Renaissance Technologies, cutting an estimated $49.2M.
- 168 institutional investors held Petrobras Class A (PBR.A) as of Q1 2023, up from 160 in Q4 2022.
- Funds reported $2.09B of Petrobras Class A stock for Q1 2023, up 9.9% quarter-over-quarter.
- 31 funds opened new Petrobras Class A positions in Q1 2023 and 21 closed out, a net change of +10 holders.
- The largest Petrobras Class A buyer in Q1 2023 was Massachusetts Financial Services, an estimated $193M added.
- The largest Petrobras Class A seller in Q1 2023 was Renaissance Technologies, an estimated $49.2M sold.
Based on aggregated 13F filings for Q1 2023.