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Petrobras Class A

182 hedge funds and large institutions have $9.01B invested in Petrobras Class A in 2014 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 62 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more funds holding in top 10

Funds holding in top 10: 710 (+3)

4% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 26

0.25% less ownership

Funds ownership: 11.81%11.57% (-0.25%)

6% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 62

1% less funds holding

Funds holding: 184182 (-2)

7% less capital invested

Capital invested by funds: $9.69B → $9.01B (-$687M)

69% less call options, than puts

Call options by funds: $254K | Put options by funds: $809K

Holders
182
Holders Change
-2
Holders Change %
-1.09%
% of All Funds
5.26%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.29%
New
27
Increased
58
Reduced
62
Closed
26
Calls
$254K
Puts
$809K
Net Calls
-$555K
Net Calls Change
-$34M
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Aberdeen Asset Management
United Kingdom
$1.8B -$57.1M -4,639,050 -3%
O
2
OppenheimerFunds
New York
$940M +$354M +28,757,100 +74%
Franklin Resources
3
Franklin Resources
California
$694M +$17.8M +1,445,857 +3%
Dodge & Cox
4
Dodge & Cox
California
$657M +$22.3M +1,812,000 +4%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$588M -$20.3M -1,643,939 -4%
BIP
6
Brandes Investment Partners
California
$459M +$102M +8,305,491 +36%
Vanguard Group
7
Vanguard Group
Pennsylvania
$372M -$46.6M -3,784,610 -12%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$358M -$51.6M -4,191,284 -14%
MNA
9
Manning & Napier Advisors
New York
$352M +$60.5M +4,908,820 +24%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$289M +$256M +20,745,078 +22,235%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$256M +$59M +4,785,565 +35%
AllianceBernstein
12
AllianceBernstein
Tennessee
$158M -$6.51M -528,381 -4%
Lazard Asset Management
13
Lazard Asset Management
New York
$130M +$36M +2,922,942 +46%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$98.9M +$78.3M +6,355,030 +817%
Morgan Stanley
15
Morgan Stanley
New York
$91.4M +$906K +73,549 +1%
Ameriprise
16
Ameriprise
Minnesota
$78.6M +$10.2M +831,361 +17%
State Street
17
State Street
Massachusetts
$77.6M -$12.3M -996,330 -15%
BG
18
BlackRock Group
United Kingdom
$76.8M -$5.04M -409,164 -7%
Wells Fargo
19
Wells Fargo
California
$76.1M +$2.16M +175,726 +3%
Credit Agricole
20
Credit Agricole
France
$70.7M +$40.4M +3,280,709 +181%
JWBC
21
John W. Bristol & Co
New York
$69.6M +$61.8M +5,020,073 New
BFA
22
BlackRock Fund Advisors
California
$69.1M -$2.31M -187,633 -4%
WGI
23
Westwood Global Investments
Massachusetts
$63.7M +$86.1K +6,988 +0.2%
BNP Paribas Financial Markets
24
BNP Paribas Financial Markets
France
$59.2M +$49.3M +3,999,304 +288,550%
Invesco
25
Invesco
Georgia
$52.9M -$2.24M -181,671 -5%

PBR.A Hedge Fund Activity: Q1 2014 in Review

182 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2014, worth a combined $9.01B — down 7.1% from $9.69B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PBR.A positions and 26 closed out — a net gain of 1 holder — while 58 added to existing stakes and 62 trimmed.

The largest buyer was OppenheimerFunds, adding an estimated $354M. The largest seller was Bank of New York Mellon, cutting an estimated $480M.

  • 182 institutional investors held Petrobras Class A (PBR.A) as of Q1 2014, down from 184 in Q4 2013.
  • Funds reported $9.01B of Petrobras Class A stock for Q1 2014, down 7.1% quarter-over-quarter.
  • 27 funds opened new Petrobras Class A positions in Q1 2014 and 26 closed out, a net change of +1 holder.
  • The largest Petrobras Class A buyer in Q1 2014 was OppenheimerFunds, an estimated $354M added.
  • The largest Petrobras Class A seller in Q1 2014 was Bank of New York Mellon, an estimated $480M sold.

Based on aggregated 13F filings for Q1 2014.