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Petrobras Class A

116 hedge funds and large institutions have $2.06B invested in Petrobras Class A in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 37 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 37

0.03% less ownership

Funds ownership: 5.25%5.22% (-0.03%)

7% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 15

2% less funds holding

Funds holding: 118116 (-2)

12% less capital invested

Capital invested by funds: $2.35B → $2.06B (-$285M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

30% less call options, than puts

Call options by funds: $15.9M | Put options by funds: $22.6M

Holders
116
Holders Change
-2
Holders Change %
-1.69%
% of All Funds
2.34%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
14
Increased
39
Reduced
37
Closed
15
Calls
$15.9M
Puts
$22.6M
Net Calls
-$6.71M
Net Calls Change
-$4.26M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$657M +$157M +18,935,198 +25%
Capital World Investors
2
Capital World Investors
California
$180M +$18K +2,163 +0%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$167M -$4.82M -581,200 -2%
UBS AM
4
UBS AM
Illinois
$118M +$6.77M +815,020 +5%
BlackRock
5
BlackRock
New York
$118M +$3.13M +376,909 +2%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$105M -$1.38M -166,737 -1%
Baillie Gifford & Co
7
Baillie Gifford & Co
United Kingdom
$68M +$2.2M +264,914 +3%
State Street
8
State Street
Massachusetts
$65.6M -$1.2M -144,326 -2%
Vanguard Group
9
Vanguard Group
Pennsylvania
$63M -$32.3M -3,885,312 -30%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$58.7M +$15.3M +1,837,436 +28%
JP Morgan Chase
11
JP Morgan Chase
New York
$47.8M +$8.79M +1,059,009 +18%
Renaissance Technologies
12
Renaissance Technologies
New York
$47.1M -$21.2M -2,548,000 -28%
OP
13
Oldfield Partners
United Kingdom
$38.9M -$10.5M -1,259,636 -19%
AG
14
Ashmore Group
United Kingdom
$28.7M -$8.19M -986,703 -19%
Bank of America
15
Bank of America
North Carolina
$28.1M +$29.1M +3,510,426 +736%
AAMU
16
Amundi Asset Management US
Massachusetts
$24.1M +$964K +116,083 +4%
IUHSA
17
Itau Unibanco Holding S.A.
Brazil
$23M -$25.7M -3,098,297 -49%
Northern Trust
18
Northern Trust
Illinois
$22.1M +$2.27M +273,084 +10%
Macquarie Group
19
Macquarie Group
Australia
$20M -$13.2M -1,596,000 -36%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$19.5M +$8.12M +978,517 +54%
B
21
Barings
North Carolina
$16M +$8.4M +1,012,138 +81%
CCM
22
Causeway Capital Management
California
$16M +$1.97M +237,676 +12%
BIP
23
Brandes Investment Partners
California
$12.1M -$3.07M -370,416 -18%
Wells Fargo
24
Wells Fargo
California
$9.96M +$1.43M +171,894 +14%
AIMCA
25
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$8.78M

PBR.A Hedge Fund Activity: Q3 2020 in Review

116 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2020, worth a combined $2.06B — down 12% from $2.35B a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of PBR.A and 14 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 39 added.

The largest buyer was Capital Research Global Investors, adding an estimated $157M. The largest seller was Schroder Investment Management Group, cutting an estimated $53.4M.

  • 116 institutional investors held Petrobras Class A (PBR.A) as of Q3 2020, down from 118 in Q2 2020.
  • Funds reported $2.06B of Petrobras Class A stock for Q3 2020, down 12% quarter-over-quarter.
  • 14 funds opened new Petrobras Class A positions in Q3 2020 and 15 closed out, a net change of -1 holder.
  • The largest Petrobras Class A buyer in Q3 2020 was Capital Research Global Investors, an estimated $157M added.
  • The largest Petrobras Class A seller in Q3 2020 was Schroder Investment Management Group, an estimated $53.4M sold.

Based on aggregated 13F filings for Q3 2020.