Petrobras Class A
PBR.A
176 hedge funds and large institutions have $3.79B invested in Petrobras Class A in 2024 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 63 reducing their positions, and 18 closing their positions.
66% more call options, than puts
Call options by funds: $129M | Put options by funds: $78.2M
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
2% more funds holding
Funds holding: 172 → 176 (+4)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.07% less ownership
Funds ownership: 4.62% → 4.54% (-0.07%)
4% less capital invested
Capital invested by funds: $3.95B → $3.79B (-$163M)
14% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$301M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$101M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$58M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$40.8M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$181M |
| 2 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$120M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$114M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$63.6M |
| 5 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$51.3M |
PBR.A Hedge Fund Activity: Q1 2024 in Review
176 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2024, worth a combined $3.79B — down 4.1% from $3.95B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PBR.A positions and 18 closed out — a net gain of 4 holders — while 54 added to existing stakes and 63 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $301M. The largest seller was Morgan Stanley, cutting an estimated $181M.
- 176 institutional investors held Petrobras Class A (PBR.A) as of Q1 2024, up from 172 in Q4 2023.
- Funds reported $3.79B of Petrobras Class A stock for Q1 2024, down 4.1% quarter-over-quarter.
- 22 funds opened new Petrobras Class A positions in Q1 2024 and 18 closed out, a net change of +4 holders.
- The largest Petrobras Class A buyer in Q1 2024 was Goldman Sachs, an estimated $301M added.
- The largest Petrobras Class A seller in Q1 2024 was Morgan Stanley, an estimated $181M sold.
Based on aggregated 13F filings for Q1 2024.