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Petrobras Class A

193 hedge funds and large institutions have $4.33B invested in Petrobras Class A in 2014 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 67 increasing their positions, 69 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.61% less ownership

Funds ownership: 10.77%10.15% (-0.61%)

3% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 69

3% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 29

2% less funds holding

Funds holding: 196193 (-3)

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

52% less capital invested

Capital invested by funds: $9.01B → $4.33B (-$4.69B)

73% less call options, than puts

Call options by funds: $4.82M | Put options by funds: $17.9M

Holders
193
Holders Change
-3
Holders Change %
-1.53%
% of All Funds
5.15%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.24%
New
28
Increased
67
Reduced
69
Closed
29
Calls
$4.82M
Puts
$17.9M
Net Calls
-$13.1M
Net Calls Change
-$42.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
1
Dodge & Cox
California
$486M +$279M +24,750,058 +63%
Franklin Resources
2
Franklin Resources
California
$449M +$133M +11,745,979 +25%
O
3
OppenheimerFunds
New York
$417M -$250M -22,116,577 -29%
BIP
4
Brandes Investment Partners
California
$345M +$216M +19,169,936 +79%
Bank of America
5
Bank of America
North Carolina
$316M +$427M +37,850,870 +985%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$302M -$3.4M -301,549 -0.8%
Vanguard Group
7
Vanguard Group
Pennsylvania
$214M +$2.52M +223,630 +0.8%
AllianceBernstein
8
AllianceBernstein
Tennessee
$137M +$63.2M +5,599,338 +45%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$129M -$4.83M -427,990 -2%
Schroder Investment Management Group
10
Schroder Investment Management Group
United Kingdom
$113M -$101M -8,909,657 -37%
MNA
11
Manning & Napier Advisors
New York
$105M -$15.8M -1,402,753 -9%
Goldman Sachs
12
Goldman Sachs
New York
$73.7M +$75.1M +6,655,187 +217%
State Street
13
State Street
Massachusetts
$70M +$25.5M +2,259,707 +32%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$69.7M +$96.9M +8,583,300 +1,397%
Lazard Asset Management
15
Lazard Asset Management
New York
$54.5M +$418K +36,986 +0.5%
Renaissance Technologies
16
Renaissance Technologies
New York
$50.2M +$65.6M +5,811,300 +715%
Morgan Stanley
17
Morgan Stanley
New York
$45.6M -$67.5M -5,981,355 -50%
Wells Fargo
18
Wells Fargo
California
$40.1M -$5.42M -480,197 -8%
RFC
19
Russell Frank Company
Washington
$35.4M +$1.34M +118,424 +3%
WGI
20
Westwood Global Investments
Massachusetts
$34.7M -$219K -19,382 -0.4%
BFA
21
BlackRock Fund Advisors
California
$34.7M -$13.1M -1,159,276 -20%
Deutsche Bank
22
Deutsche Bank
Germany
$34.7M +$34.8M +3,081,400 +206%
JWBC
23
John W. Bristol & Co
New York
$34.5M -$1.73M -153,075 -3%
SGDR
24
SPX Gestao de Recursos
Brazil
$33.2M +$37M +3,277,684 +298%
Millennium Management
25
Millennium Management
New York
$32.9M +$46M +4,071,449 +1,518%

PBR.A Hedge Fund Activity: Q4 2014 in Review

193 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2014, worth a combined $4.33B — down 52% from $9.01B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of PBR.A and 28 opened new positions — a net loss of 1 holder — while 69 trimmed existing stakes and 67 added.

The largest buyer was Bank of America, adding an estimated $427M. The largest seller was Aberdeen Asset Management, cutting an estimated $1.12B.

  • 193 institutional investors held Petrobras Class A (PBR.A) as of Q4 2014, down from 196 in Q3 2014.
  • Funds reported $4.33B of Petrobras Class A stock for Q4 2014, down 52% quarter-over-quarter.
  • 28 funds opened new Petrobras Class A positions in Q4 2014 and 29 closed out, a net change of -1 holder.
  • The largest Petrobras Class A buyer in Q4 2014 was Bank of America, an estimated $427M added.
  • The largest Petrobras Class A seller in Q4 2014 was Aberdeen Asset Management, an estimated $1.12B sold.

Based on aggregated 13F filings for Q4 2014.