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Petrobras Class A

178 hedge funds and large institutions have $11.6B invested in Petrobras Class A in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 70 increasing their positions, 61 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

46,562% more call options, than puts

Call options by funds: $39.7M | Put options by funds: $85K

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

23% more capital invested

Capital invested by funds: $9.44B → $11.6B (+$2.14B)

15% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 61

0.85% more ownership

Funds ownership: 11.46%12.31% (+0.85%)

2% less funds holding

Funds holding: 181178 (-3)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

Holders
178
Holders Change
-3
Holders Change %
-1.66%
% of All Funds
5.77%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.32%
New
16
Increased
70
Reduced
61
Closed
18
Calls
$39.7M
Puts
$85K
Net Calls
+$39.6M
Net Calls Change
+$4.12M
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Aberdeen Asset Management
United Kingdom
$2.38B +$310M +20,565,519 +17%
Franklin Resources
2
Franklin Resources
California
$763M +$184M +12,184,948 +36%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$742M +$33.7M +2,238,083 +5%
Dodge & Cox
4
Dodge & Cox
California
$694M +$72.6M +4,818,526 +13%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$680M -$116M -7,726,304 -16%
O
6
OppenheimerFunds
New York
$623M +$45.2M +2,997,600 +9%
Vanguard Group
7
Vanguard Group
Pennsylvania
$559M -$21M -1,392,028 -4%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$539M -$10.2M -677,697 -2%
Capital Research Global Investors
9
Capital Research Global Investors
California
$424M
JP Morgan Chase
10
JP Morgan Chase
New York
$393M -$20.3M -1,348,496 -5%
BIP
11
Brandes Investment Partners
California
$383M +$66.7M +4,426,832 +26%
MNA
12
Manning & Napier Advisors
New York
$327M +$473K +31,360 +0.2%
Schroder Investment Management Group
13
Schroder Investment Management Group
United Kingdom
$228M +$100M +6,664,282 +96%
AllianceBernstein
14
AllianceBernstein
Tennessee
$226M -$102M -6,740,266 -33%
BG
15
BlackRock Group
United Kingdom
$127M +$33.1M +2,196,921 +41%
Invesco
16
Invesco
Georgia
$125M +$54.8M +3,637,241 +88%
Morgan Stanley
17
Morgan Stanley
New York
$120M +$1.69M +112,303 +2%
State Street
18
State Street
Massachusetts
$119M -$4.03M -267,369 -4%
Lazard Asset Management
19
Lazard Asset Management
New York
$109M +$5.89M +390,992 +6%
Baillie Gifford & Co
20
Baillie Gifford & Co
United Kingdom
$107M +$12.8M +847,100 +15%
BFA
21
BlackRock Fund Advisors
California
$96.5M -$7.52M -499,146 -8%
Wells Fargo
22
Wells Fargo
California
$90.1M -$3.09M -205,317 -4%
Ninety One (UK)
23
Ninety One (UK)
United Kingdom
$88M -$6.51M -431,982 -8%
RFC
24
Russell Frank Company
Washington
$85M +$3.94M +261,771 +5%
Ameriprise
25
Ameriprise
Minnesota
$79.1M -$14.4M -955,891 -17%

PBR.A Hedge Fund Activity: Q3 2013 in Review

178 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2013, worth a combined $11.6B — up 23% from $9.44B a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of PBR.A and 16 opened new positions — a net loss of 2 holders — while 61 trimmed existing stakes and 70 added.

The largest buyer was Aberdeen Asset Management, adding an estimated $310M. The largest seller was Bank of New York Mellon, cutting an estimated $116M.

  • 178 institutional investors held Petrobras Class A (PBR.A) as of Q3 2013, down from 181 in Q2 2013.
  • Funds reported $11.6B of Petrobras Class A stock for Q3 2013, up 23% quarter-over-quarter.
  • 16 funds opened new Petrobras Class A positions in Q3 2013 and 18 closed out, a net change of -2 holders.
  • The largest Petrobras Class A buyer in Q3 2013 was Aberdeen Asset Management, an estimated $310M added.
  • The largest Petrobras Class A seller in Q3 2013 was Bank of New York Mellon, an estimated $116M sold.

Based on aggregated 13F filings for Q3 2013.