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Petrobras Class A

179 hedge funds and large institutions have $3.29B invested in Petrobras Class A in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 67 increasing their positions, 60 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 60

0.54% less ownership

Funds ownership: 10.15%9.61% (-0.54%)

7% less funds holding

Funds holding: 193179 (-14)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

24% less capital invested

Capital invested by funds: $4.33B → $3.29B (-$1.03B)

34% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 38

93% less call options, than puts

Call options by funds: $3.22M | Put options by funds: $48.4M

Holders
179
Holders Change
-14
Holders Change %
-7.25%
% of All Funds
4.77%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.21%
New
25
Increased
67
Reduced
60
Closed
38
Calls
$3.22M
Puts
$48.4M
Net Calls
-$45.2M
Net Calls Change
-$32.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
1
Dodge & Cox
California
$454M +$68.2M +10,480,142 +16%
Franklin Resources
2
Franklin Resources
California
$398M +$40.3M +6,193,326 +10%
BIP
3
Brandes Investment Partners
California
$383M +$110M +16,896,076 +39%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$238M -$5.5M -845,377 -2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$158M -$9.85M -1,514,300 -5%
SC
6
Sculptor Capital
New York
$136M +$145M +22,316,891 New
AllianceBernstein
7
AllianceBernstein
Tennessee
$111M +$1.25M +192,541 +1%
DCM
8
Discovery Capital Management
Connecticut
$97.7M +$92M +14,139,698 +744%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$95M -$9.39M -1,443,800 -8%
Goldman Sachs
10
Goldman Sachs
New York
$80.1M +$22.4M +3,439,766 +35%
Deutsche Bank
11
Deutsche Bank
Germany
$65M +$39.6M +6,089,958 +133%
State Street
12
State Street
Massachusetts
$59.8M +$3.84M +589,851 +6%
Lazard Asset Management
13
Lazard Asset Management
New York
$48M +$4.51M +692,839 +10%
CS
14
Credit Suisse
Switzerland
$42.5M +$41.2M +6,341,156 +985%
WGI
15
Westwood Global Investments
Massachusetts
$41.8M +$14.8M +2,276,290 +50%
CCM
16
Causeway Capital Management
California
$41M +$37.8M +5,811,000 +632%
AIM
17
ARGA Investment Management
Connecticut
$34.1M +$15.1M +2,327,600 +71%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$34.1M -$23.4M -3,604,600 -39%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$33.3M +$18.4M +2,823,307 +106%
Wells Fargo
20
Wells Fargo
California
$32.9M +$744K +114,360 +2%
Morgan Stanley
21
Morgan Stanley
New York
$31.9M -$5.01M -769,861 -13%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$30.4M +$14M +2,151,957 +76%
BFA
23
BlackRock Fund Advisors
California
$27.1M -$834K -128,284 -3%
JP Morgan Chase
24
JP Morgan Chase
New York
$27M +$22.8M +3,513,330 +379%
Bank of America
25
Bank of America
North Carolina
$27M -$242M -37,260,621 -89%

PBR.A Hedge Fund Activity: Q1 2015 in Review

179 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2015, worth a combined $3.29B — down 24% from $4.33B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of PBR.A and 25 opened new positions — a net loss of 13 holders — while 60 trimmed existing stakes and 67 added.

The largest buyer was Sculptor Capital, opening a new position worth an estimated $145M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $417M sold.

  • 179 institutional investors held Petrobras Class A (PBR.A) as of Q1 2015, down from 193 in Q4 2014.
  • Funds reported $3.29B of Petrobras Class A stock for Q1 2015, down 24% quarter-over-quarter.
  • 25 funds opened new Petrobras Class A positions in Q1 2015 and 38 closed out, a net change of -13 holders.
  • The largest Petrobras Class A buyer in Q1 2015 was Sculptor Capital, an estimated $145M added.
  • The largest Petrobras Class A seller in Q1 2015 was OppenheimerFunds, an estimated $417M sold.

Based on aggregated 13F filings for Q1 2015.