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Petrobras Class A

184 hedge funds and large institutions have $9.69B invested in Petrobras Class A in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 84 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

13,288% more call options, than puts

Call options by funds: $33.7M | Put options by funds: $252K

50% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 16

3% more funds holding

Funds holding: 178184 (+6)

0.49% less ownership

Funds ownership: 12.31%11.81% (-0.49%)

16% less capital invested

Capital invested by funds: $11.6B → $9.69B (-$1.88B)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

45% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 84

Holders
184
Holders Change
+6
Holders Change %
+3.37%
% of All Funds
5.34%
Holding in Top 10
7
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-30%
% of All Funds
0.2%
New
24
Increased
46
Reduced
84
Closed
16
Calls
$33.7M
Puts
$252K
Net Calls
+$33.5M
Net Calls Change
-$6.09M
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Aberdeen Asset Management
United Kingdom
$1.92B -$134M -8,160,589 -6%
Franklin Resources
2
Franklin Resources
California
$713M +$48.6M +2,949,952 +6%
Dodge & Cox
3
Dodge & Cox
California
$670M +$67.6M +4,106,800 +10%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$647M -$5.2M -315,471 -0.7%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$589M -$9.2M -558,574 -1%
O
6
OppenheimerFunds
New York
$573M +$29.2M +1,775,600 +5%
Vanguard Group
7
Vanguard Group
Pennsylvania
$449M -$46.9M -2,845,415 -9%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$441M -$36.8M -2,236,418 -7%
BIP
9
Brandes Investment Partners
California
$360M +$23.6M +1,430,733 +7%
MNA
10
Manning & Napier Advisors
New York
$301M +$15.2M +923,150 +5%
Capital Research Global Investors
11
Capital Research Global Investors
California
$289M -$94.4M -5,732,000 -23%
JP Morgan Chase
12
JP Morgan Chase
New York
$287M -$64.6M -3,920,862 -17%
Schroder Investment Management Group
13
Schroder Investment Management Group
United Kingdom
$200M +$193K +11,731 +0.1%
AllianceBernstein
14
AllianceBernstein
Tennessee
$175M -$26.5M -1,611,000 -12%
Baillie Gifford & Co
15
Baillie Gifford & Co
United Kingdom
$99.6M +$6.08M +369,100 +6%
State Street
16
State Street
Massachusetts
$96.8M -$8.99M -545,899 -8%
Morgan Stanley
17
Morgan Stanley
New York
$95.7M -$11.2M -680,490 -9%
Lazard Asset Management
18
Lazard Asset Management
New York
$94.2M -$1.58M -95,672 -1%
BG
19
BlackRock Group
United Kingdom
$87.4M -$27.5M -1,671,921 -22%
Wells Fargo
20
Wells Fargo
California
$78.1M -$1.21M -73,169 -1%
BFA
21
BlackRock Fund Advisors
California
$76M -$9.78M -593,924 -10%
Ninety One (UK)
22
Ninety One (UK)
United Kingdom
$74.8M -$2.68M -162,828 -3%
Ameriprise
23
Ameriprise
Minnesota
$71.1M +$1.86M +113,068 +2%
Northern Trust
24
Northern Trust
Illinois
$67.6M +$44.2M +2,682,502 +140%
WGI
25
Westwood Global Investments
Massachusetts
$67.3M

PBR.A Hedge Fund Activity: Q4 2013 in Review

184 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2013, worth a combined $9.69B — down 16% from $11.6B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new PBR.A positions and 16 closed out — a net gain of 8 holders — while 46 added to existing stakes and 84 trimmed.

The largest buyer was Dodge & Cox, adding an estimated $67.6M. The largest seller was Aberdeen Asset Management, cutting an estimated $134M.

  • 184 institutional investors held Petrobras Class A (PBR.A) as of Q4 2013, up from 178 in Q3 2013.
  • Funds reported $9.69B of Petrobras Class A stock for Q4 2013, down 16% quarter-over-quarter.
  • 24 funds opened new Petrobras Class A positions in Q4 2013 and 16 closed out, a net change of +8 holders.
  • The largest Petrobras Class A buyer in Q4 2013 was Dodge & Cox, an estimated $67.6M added.
  • The largest Petrobras Class A seller in Q4 2013 was Aberdeen Asset Management, an estimated $134M sold.

Based on aggregated 13F filings for Q4 2013.