Petrobras Class A
PBR.A
188 hedge funds and large institutions have $2.53B invested in Petrobras Class A in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 69 increasing their positions, 58 reducing their positions, and 21 closing their positions.
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
19% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 58
2% more funds holding
Funds holding: 184 → 188 (+4)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.39% less ownership
Funds ownership: 4.02% → 3.63% (-0.39%)
18% less capital invested
Capital invested by funds: $3.07B → $2.53B (-$548M)
29% less call options, than puts
Call options by funds: $19.3M | Put options by funds: $27.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$123M |
| 2 |
JP Morgan Chase
New York
|
+$80.9M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$62M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$14.4M |
| 5 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$230M |
| 2 |
Goldman Sachs
New York
|
-$170M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$50.8M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$46.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$44.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
201
Dynamic Technology Lab
Singapore
| – | -$282K | -20,635 | Closed |
|
202
Balyasny Asset Management
Chicago,
Illinois
| – | -$264K | -19,371 | Closed |
|
203
First Trust Advisors
Wheaton,
Illinois
| – | -$253K | -18,568 | Closed |
|
|
DADC
204
D.A. Davidson & Co
Great Falls,
Montana
| – | -$175K | -12,820 | Closed |
|
|
SA
205
Shilanski & Associates
Anchorage,
Alaska
| – | -$185K | -12,796 | Closed |
|
206
Envestnet Portfolio Solutions
Chicago,
Illinois
| – | -$172K | -12,635 | Closed |
|
|
CLOS
207
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$19K | -1,400 | Closed |
|
|
RCG
208
Rock Creek Group
Washington,
District of Columbia
| – | -$8.74K | -641 | Closed |
|
|
PGAM
209
Princeton Global Asset Management
Princeton,
New Jersey
| – | -$136 | -10 | Closed |
|
PBR.A Hedge Fund Activity: Q3 2024 in Review
188 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2024, worth a combined $2.53B — down 18% from $3.07B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PBR.A positions and 21 closed out — a net gain of 4 holders — while 69 added to existing stakes and 58 trimmed.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $123M. The largest seller was Bank of America, cutting an estimated $230M.
- 188 institutional investors held Petrobras Class A (PBR.A) as of Q3 2024, up from 184 in Q2 2024.
- Funds reported $2.53B of Petrobras Class A stock for Q3 2024, down 18% quarter-over-quarter.
- 25 funds opened new Petrobras Class A positions in Q3 2024 and 21 closed out, a net change of +4 holders.
- The largest Petrobras Class A buyer in Q3 2024 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $123M added.
- The largest Petrobras Class A seller in Q3 2024 was Bank of America, an estimated $230M sold.
Based on aggregated 13F filings for Q3 2024.