Petrobras Class A
PBR.A
179 hedge funds and large institutions have $3.29B invested in Petrobras Class A in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 67 increasing their positions, 60 reducing their positions, and 38 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 60
0.54% less ownership
Funds ownership: 10.15% → 9.61% (-0.54%)
7% less funds holding
Funds holding: 193 → 179 (-14)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
24% less capital invested
Capital invested by funds: $4.33B → $3.29B (-$1.03B)
34% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 38
93% less call options, than puts
Call options by funds: $3.22M | Put options by funds: $48.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$145M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$110M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$92M |
| 4 |
Dodge & Cox
San Francisco,
California
|
+$68.2M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$41.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$417M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$242M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$87.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$80.6M |
| 5 |
Renaissance Technologies
New York
|
-$35.2M |
PBR.A Hedge Fund Activity: Q1 2015 in Review
179 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2015, worth a combined $3.29B — down 24% from $4.33B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of PBR.A and 25 opened new positions — a net loss of 13 holders — while 60 trimmed existing stakes and 67 added.
The largest buyer was Sculptor Capital, opening a new position worth an estimated $145M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $417M sold.
- 179 institutional investors held Petrobras Class A (PBR.A) as of Q1 2015, down from 193 in Q4 2014.
- Funds reported $3.29B of Petrobras Class A stock for Q1 2015, down 24% quarter-over-quarter.
- 25 funds opened new Petrobras Class A positions in Q1 2015 and 38 closed out, a net change of -13 holders.
- The largest Petrobras Class A buyer in Q1 2015 was Sculptor Capital, an estimated $145M added.
- The largest Petrobras Class A seller in Q1 2015 was OppenheimerFunds, an estimated $417M sold.
Based on aggregated 13F filings for Q1 2015.