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Petrobras Class A

182 hedge funds and large institutions have $4.51B invested in Petrobras Class A in 2015 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 72 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more capital invested

Capital invested by funds: $3.29B → $4.51B (+$1.22B)

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

23% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 22

2% more funds holding

Funds holding: 179182 (+3)

0.2% more ownership

Funds ownership: 9.61%9.82% (+0.2%)

39% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 72

43% less call options, than puts

Call options by funds: $20.9M | Put options by funds: $36.5M

Holders
182
Holders Change
+3
Holders Change %
+1.68%
% of All Funds
4.9%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.27%
New
27
Increased
44
Reduced
72
Closed
22
Calls
$20.9M
Puts
$36.5M
Net Calls
-$15.6M
Net Calls Change
+$29.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
1
Dodge & Cox
California
$1.08B +$482M +57,581,103 +77%
BIP
2
Brandes Investment Partners
California
$511M -$1.62M -193,206 -0.3%
Franklin Resources
3
Franklin Resources
California
$483M -$51.6M -6,170,642 -9%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$322M +$3.77M +450,088 +1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$218M -$168K -20,040 -0.1%
AllianceBernstein
6
AllianceBernstein
Tennessee
$163M +$14.8M +1,766,201 +10%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$105M -$22.5M -2,694,490 -17%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$91.3M +$51.9M +6,197,745 +124%
Bank of America
9
Bank of America
North Carolina
$89.7M +$54.9M +6,555,523 +148%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$87.3M +$42.7M +5,103,800 +91%
State Street
11
State Street
Massachusetts
$77.9M -$2.32M -277,163 -3%
Goldman Sachs
12
Goldman Sachs
New York
$59.7M -$48.9M -5,846,278 -44%
Lazard Asset Management
13
Lazard Asset Management
New York
$58.5M -$5.99M -715,984 -9%
WGI
14
Westwood Global Investments
Massachusetts
$54.9M -$1.1M -131,960 -2%
CCM
15
Causeway Capital Management
California
$49M -$5.33M -637,100 -9%
AIM
16
ARGA Investment Management
Connecticut
$46.1M +$387K +46,300 +0.8%
JP Morgan Chase
17
JP Morgan Chase
New York
$45.3M +$9.32M +1,113,386 +25%
Millennium Management
18
Millennium Management
New York
$43M +$28.6M +3,412,606 +184%
OP
19
Oldfield Partners
United Kingdom
$39.9M +$20.4M +2,436,900 +99%
Wells Fargo
20
Wells Fargo
California
$39.7M -$4.53M -541,512 -10%
CC
21
Carrhae Capital
United Kingdom
$37.9M +$22.5M +2,685,400 +137%
BFA
22
BlackRock Fund Advisors
California
$37.2M +$928K +110,844 +2%
CS
23
Credit Suisse
Switzerland
$36.7M -$20.8M -2,482,567 -36%
Macquarie Group
24
Macquarie Group
Australia
$36.1M +$3.22M +385,112 +10%
Credit Agricole
25
Credit Agricole
France
$34.9M +$23M +2,752,252 +181%

PBR.A Hedge Fund Activity: Q2 2015 in Review

182 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q2 2015, worth a combined $4.51B — up 37% from $3.29B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PBR.A positions and 22 closed out — a net gain of 5 holders — while 44 added to existing stakes and 72 trimmed.

The largest buyer was Dodge & Cox, adding an estimated $482M. The largest seller was Sculptor Capital, exiting entirely with an estimated $136M sold.

  • 182 institutional investors held Petrobras Class A (PBR.A) as of Q2 2015, up from 179 in Q1 2015.
  • Funds reported $4.51B of Petrobras Class A stock for Q2 2015, up 37% quarter-over-quarter.
  • 27 funds opened new Petrobras Class A positions in Q2 2015 and 22 closed out, a net change of +5 holders.
  • The largest Petrobras Class A buyer in Q2 2015 was Dodge & Cox, an estimated $482M added.
  • The largest Petrobras Class A seller in Q2 2015 was Sculptor Capital, an estimated $136M sold.

Based on aggregated 13F filings for Q2 2015.