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Petrobras Class A

118 hedge funds and large institutions have $2.35B invested in Petrobras Class A in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 52 increasing their positions, 31 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

68% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 31

64% more capital invested

Capital invested by funds: $1.43B → $2.35B (+$914M)

0.54% more ownership

Funds ownership: 4.71%5.25% (+0.54%)

9% less call options, than puts

Call options by funds: $25M | Put options by funds: $27.5M

10% less funds holding

Funds holding: 131118 (-13)

46% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 28

Holders
118
Holders Change
-13
Holders Change %
-9.92%
% of All Funds
2.42%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.08%
New
15
Increased
52
Reduced
31
Closed
28
Calls
$25M
Puts
$27.5M
Net Calls
-$2.45M
Net Calls Change
+$1.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$593M +$298M +42,436,027 +133%
Capital World Investors
2
Capital World Investors
California
$204M +$179M +25,569,254 New
Fidelity Investments
3
Fidelity Investments
Massachusetts
$193M +$5.75M +820,401 +4%
BlackRock
4
BlackRock
New York
$130M +$11.2M +1,598,898 +11%
UBS AM
5
UBS AM
Illinois
$127M +$39.2M +5,591,288 +54%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$121M -$36.8M -5,241,776 -26%
Vanguard Group
7
Vanguard Group
Pennsylvania
$102M -$44.8M -6,384,373 -33%
State Street
8
State Street
Massachusetts
$75.4M +$1.87M +267,046 +3%
Baillie Gifford & Co
9
Baillie Gifford & Co
United Kingdom
$74.8M +$31.2M +4,444,326 +90%
Renaissance Technologies
10
Renaissance Technologies
New York
$73.6M -$16.4M -2,341,700 -20%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$56.7M -$46.3M -6,601,391 -48%
OP
12
Oldfield Partners
United Kingdom
$54.1M +$660K +94,035 +1%
IUHSA
13
Itau Unibanco Holding S.A.
Brazil
$51.9M -$36.5M -5,201,070 -45%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$51.8M +$30M +4,281,180 +193%
CCM
15
Contrarian Capital Management
Connecticut
$48.5M +$42.7M +6,082,696 New
JP Morgan Chase
16
JP Morgan Chase
New York
$47M +$14.3M +2,044,853 +53%
AG
17
Ashmore Group
United Kingdom
$40.4M +$22.2M +3,168,514 +167%
Macquarie Group
18
Macquarie Group
Australia
$35.4M
AAMU
19
Amundi Asset Management US
Massachusetts
$26.4M +$7.35M +1,047,446 +46%
Norges Bank
20
Norges Bank
Norway
$24M
Northern Trust
21
Northern Trust
Illinois
$22.8M +$608K +86,677 +3%
BIP
22
Brandes Investment Partners
California
$16.7M +$1.75M +248,805 +14%
CCM
23
Causeway Capital Management
California
$16.2M +$1.59M +226,900 +13%
Millennium Management
24
Millennium Management
New York
$14.9M +$12.6M +1,790,068 +2,348%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$14.3M -$2.89M -411,996 -19%

PBR.A Hedge Fund Activity: Q2 2020 in Review

118 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q2 2020, worth a combined $2.35B — up 64% from $1.43B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of PBR.A and 15 opened new positions — a net loss of 13 holders — while 31 trimmed existing stakes and 52 added.

The largest buyer was Capital Research Global Investors, adding an estimated $298M. The largest seller was Goldman Sachs, cutting an estimated $164M.

  • 118 institutional investors held Petrobras Class A (PBR.A) as of Q2 2020, down from 131 in Q1 2020.
  • Funds reported $2.35B of Petrobras Class A stock for Q2 2020, up 64% quarter-over-quarter.
  • 15 funds opened new Petrobras Class A positions in Q2 2020 and 28 closed out, a net change of -13 holders.
  • The largest Petrobras Class A buyer in Q2 2020 was Capital Research Global Investors, an estimated $298M added.
  • The largest Petrobras Class A seller in Q2 2020 was Goldman Sachs, an estimated $164M sold.

Based on aggregated 13F filings for Q2 2020.