Petrobras Class A
PBR.A
171 hedge funds and large institutions have $3.35B invested in Petrobras Class A in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 47 increasing their positions, 65 reducing their positions, and 18 closing their positions.
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
11% more capital invested
Capital invested by funds: $3.01B → $3.35B (+$335M)
5% more funds holding
Funds holding: 163 → 171 (+8)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.04% less ownership
Funds ownership: 4.35% → 4.31% (-0.04%)
5% less call options, than puts
Call options by funds: $106M | Put options by funds: $112M
28% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$38.5M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$37.4M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$33.8M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$28.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$69.9M |
| 2 |
Man Group
London,
United Kingdom
|
-$31.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Fisher Asset Management
Camas,
Washington
| – | -$2.03M | -164,202 | Closed |
|
177
UBS AM
Chicago,
Illinois
| – | -$1.39M | -149,669 | Closed |
|
|
HF
178
HRT Financial
New York
| – | -$1.19M | -96,593 | Closed |
|
|
XT
179
XTX Topco
George Town,
Cayman Islands
| – | -$483K | -39,020 | Closed |
|
|
BBP
180
Banco BTG Pactual
Rio De Janeiro,
Brazil
| – | -$403K | -32,600 | Closed |
|
|
TSS
181
Two Sigma Securities
New York
| – | -$227K | -18,320 | Closed |
|
182
HighTower Advisors
Chicago,
Illinois
| – | -$220K | -17,817 | Closed |
|
|
SWM
183
SFG Wealth Management
Towson,
Maryland
| – | -$142K | -11,508 | Closed |
|
|
SCA
184
Snowden Capital Advisors
New York
| – | -$124K | -10,000 | Closed |
|
185
Comerica Bank
Dallas,
Texas
| – | -$37 | -8,184 | Closed |
|
|
SS
186
Sunbelt Securities
Houston,
Texas
| – | -$74.5K | -6,025 | Closed |
|
187
Credit Agricole
Montrouge Cedex,
France
| – | -$53.2K | -4,300 | Closed |
|
|
SSG
188
Summit Securities Group
New York
| – | -$30K | -2,400 | Closed |
|
|
AWM
189
Activest Wealth Management
Aventure,
Florida
| – | -$30K | -770 | Closed |
|
PBR.A Hedge Fund Activity: Q3 2023 in Review
171 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2023, worth a combined $3.35B — up 11% from $3.01B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PBR.A positions and 18 closed out — a net gain of 9 holders — while 47 added to existing stakes and 65 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $38.5M. The largest seller was State of Wisconsin Investment Board, cutting an estimated $69.9M.
- 171 institutional investors held Petrobras Class A (PBR.A) as of Q3 2023, up from 163 in Q2 2023.
- Funds reported $3.35B of Petrobras Class A stock for Q3 2023, up 11% quarter-over-quarter.
- 27 funds opened new Petrobras Class A positions in Q3 2023 and 18 closed out, a net change of +9 holders.
- The largest Petrobras Class A buyer in Q3 2023 was Goldman Sachs, an estimated $38.5M added.
- The largest Petrobras Class A seller in Q3 2023 was State of Wisconsin Investment Board, an estimated $69.9M sold.
Based on aggregated 13F filings for Q3 2023.