Petrobras Class A
PBR.A
138 hedge funds and large institutions have $2.56B invested in Petrobras Class A in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 61 reducing their positions, and 33 closing their positions.
32% more capital invested
Capital invested by funds: $1.94B → $2.56B (+$619M)
0.04% less ownership
Funds ownership: 10.14% → 10.1% (-0.04%)
15% less funds holding
Funds holding: 162 → 138 (-24)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
46% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 61
70% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$73.8M |
| 2 |
Goldman Sachs
New York
|
+$45.1M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$32.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$27.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$67.3M |
| 2 |
JP Morgan Chase
New York
|
-$31.4M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$15.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12M |
| 5 |
Bank of New York Mellon
New York
|
-$10.6M |
PBR.A Hedge Fund Activity: Q1 2016 in Review
138 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2016, worth a combined $2.56B — up 32% from $1.94B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of PBR.A and 10 opened new positions — a net loss of 23 holders — while 61 trimmed existing stakes and 33 added.
The largest buyer was Morgan Stanley, adding an estimated $73.8M. The largest seller was Brandes Investment Partners, cutting an estimated $67.3M.
- 138 institutional investors held Petrobras Class A (PBR.A) as of Q1 2016, down from 162 in Q4 2015.
- Funds reported $2.56B of Petrobras Class A stock for Q1 2016, up 32% quarter-over-quarter.
- 10 funds opened new Petrobras Class A positions in Q1 2016 and 33 closed out, a net change of -23 holders.
- The largest Petrobras Class A buyer in Q1 2016 was Morgan Stanley, an estimated $73.8M added.
- The largest Petrobras Class A seller in Q1 2016 was Brandes Investment Partners, an estimated $67.3M sold.
Based on aggregated 13F filings for Q1 2016.