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Petrobras Class A

162 hedge funds and large institutions have $3.84B invested in Petrobras Class A in 2019 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 52 increasing their positions, 56 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 24

1% more funds holding

Funds holding: 160162 (+2)

4% more capital invested

Capital invested by funds: $3.69B → $3.84B (+$145M)

0.44% less ownership

Funds ownership: 5%4.56% (-0.44%)

7% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 56

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

60% less call options, than puts

Call options by funds: $23M | Put options by funds: $57M

Holders
162
Holders Change
+2
Holders Change %
+1.25%
% of All Funds
3.19%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.16%
New
28
Increased
52
Reduced
56
Closed
24
Calls
$23M
Puts
$57M
Net Calls
-$33.9M
Net Calls Change
-$30.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$340M +$2.71M +191,495 +0.8%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$335M +$16.4M +1,156,631 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$295M -$424K -29,923 -0.2%
BlackRock
4
BlackRock
New York
$215M -$14.1M -997,383 -6%
Schroder Investment Management Group
5
Schroder Investment Management Group
United Kingdom
$214M +$1.82M +128,479 +0.9%
Renaissance Technologies
6
Renaissance Technologies
New York
$171M +$75.7M +5,343,699 +87%
Capital Research Global Investors
7
Capital Research Global Investors
California
$158M -$58.8M -4,147,579 -28%
UBS AM
8
UBS AM
Illinois
$146M +$51.2M +3,615,044 +59%
State Street
9
State Street
Massachusetts
$138M +$821K +57,945 +0.6%
CCM
10
Contrarian Capital Management
Connecticut
$118M -$2.01M -141,548 -2%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$114M -$146M -10,290,339 -57%
OP
12
Oldfield Partners
United Kingdom
$91.7M -$4.72M -333,100 -5%
OCM
13
Oaktree Capital Management
California
$85.9M +$4.29M +302,587 +6%
Morgan Stanley
14
Morgan Stanley
New York
$72.8M +$53.2M +3,755,965 +333%
Baillie Gifford & Co
15
Baillie Gifford & Co
United Kingdom
$70.8M +$2M +141,334 +3%
Macquarie Group
16
Macquarie Group
Australia
$66.2M
IUHSA
17
Itau Unibanco Holding S.A.
Brazil
$63.9M -$51.5M -3,635,164 -46%
Bank of America
18
Bank of America
North Carolina
$63.4M -$41.1M -2,898,686 -41%
Russell Investments Group
19
Russell Investments Group
United Kingdom
$56.9M -$16.7M -1,176,097 -24%
JP Morgan Chase
20
JP Morgan Chase
New York
$55.5M -$9.93M -700,861 -16%
AAMU
21
Amundi Asset Management US
Massachusetts
$50.1M +$768K +54,198 +2%
Franklin Resources
22
Franklin Resources
California
$49.3M -$68K -4,800 -0.1%
Northern Trust
23
Northern Trust
Illinois
$47.8M -$269K -19,003 -0.6%
HSBC Holdings
24
HSBC Holdings
United Kingdom
$46.5M +$18.1M +1,278,000 +70%
Norges Bank
25
Norges Bank
Norway
$42M

PBR.A Hedge Fund Activity: Q4 2019 in Review

162 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2019, worth a combined $3.84B — up 3.9% from $3.69B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new PBR.A positions and 24 closed out — a net gain of 4 holders — while 52 added to existing stakes and 56 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $75.7M. The largest seller was Susquehanna International Group, cutting an estimated $146M.

  • 162 institutional investors held Petrobras Class A (PBR.A) as of Q4 2019, up from 160 in Q3 2019.
  • Funds reported $3.84B of Petrobras Class A stock for Q4 2019, up 3.9% quarter-over-quarter.
  • 28 funds opened new Petrobras Class A positions in Q4 2019 and 24 closed out, a net change of +4 holders.
  • The largest Petrobras Class A buyer in Q4 2019 was Renaissance Technologies, an estimated $75.7M added.
  • The largest Petrobras Class A seller in Q4 2019 was Susquehanna International Group, an estimated $146M sold.

Based on aggregated 13F filings for Q4 2019.