Petrobras Class A
PBR.A
194 hedge funds and large institutions have $2.44B invested in Petrobras Class A in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 68 increasing their positions, 67 reducing their positions, and 17 closing their positions.
473% more call options, than puts
Call options by funds: $196M | Put options by funds: $34.1M
82% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 17
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
8% more capital invested
Capital invested by funds: $2.26B → $2.44B (+$188M)
7% more funds holding
Funds holding: 182 → 194 (+12)
1% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 67
0.05% more ownership
Funds ownership: 3.4% → 3.45% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Packer & Co
Cottesloe,
Australia
|
+$33.5M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$17.8M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$14.1M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$13.6M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$9.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$64.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$33.6M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$18.8M |
| 4 |
CIEP
Constellation Investimentos e Participacoes
Sao Paulo,
Brazil
|
-$10.1M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$9.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Nomura Holdings
Tokyo,
Japan
| – | -$228K | -19,271 | Closed |
|
|
GSC
202
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$198K | -16,719 | Closed |
|
|
AAM
203
Augustine Asset Management
Jacksonville,
Florida
| – | -$122K | -10,263 | Closed |
|
|
RS
204
R Squared
Central,
Hong Kong
| – | -$54.6K | -4,610 | Closed |
|
|
AWM
205
Avior Wealth Management
Omaha,
Nebraska
| – | -$26.7K | -2,255 | Closed |
|
206
Simplex Trading
Chicago,
Illinois
| – | -$24K | -2,031 | Closed |
|
|
KIM
207
Kestra Investment Management
Austin,
Texas
| – | -$5.49K | -464 | Closed |
|
|
BP
208
BNP Paribas
Paris,
France
| – | -$3.55K | -300 | Closed |
|
|
SAM
209
Synergy Asset Management
Vancouver,
Washington
| – | -$2.94K | -223 | Closed |
|
|
GM
210
GeoWealth Management
Chicago,
Illinois
| – | -$1.82K | -154 | Closed |
|
|
CAM
211
Creekmur Asset Management
Morton,
Illinois
| – | -$651 | -55 | Closed |
|
PBR.A Hedge Fund Activity: Q1 2025 in Review
194 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2025, worth a combined $2.44B — up 8.3% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PBR.A positions and 17 closed out — a net gain of 14 holders — while 68 added to existing stakes and 67 trimmed.
The largest buyer was Packer & Co, opening a new position worth an estimated $33.5M. The largest seller was JP Morgan Chase, cutting an estimated $64.4M.
- 194 institutional investors held Petrobras Class A (PBR.A) as of Q1 2025, up from 182 in Q4 2024.
- Funds reported $2.44B of Petrobras Class A stock for Q1 2025, up 8.3% quarter-over-quarter.
- 31 funds opened new Petrobras Class A positions in Q1 2025 and 17 closed out, a net change of +14 holders.
- The largest Petrobras Class A buyer in Q1 2025 was Packer & Co, an estimated $33.5M added.
- The largest Petrobras Class A seller in Q1 2025 was JP Morgan Chase, an estimated $64.4M sold.
Based on aggregated 13F filings for Q1 2025.