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Petrobras Class A

120 hedge funds and large institutions have $2.53B invested in Petrobras Class A in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 35 increasing their positions, 37 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 22

3% more funds holding

Funds holding: 116120 (+4)

0.02% less ownership

Funds ownership: 5.3%5.29% (-0.02%)

5% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 37

21% less capital invested

Capital invested by funds: $3.21B → $2.53B (-$687M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

37% less call options, than puts

Call options by funds: $99.4M | Put options by funds: $158M

Holders
120
Holders Change
+4
Holders Change %
+3.45%
% of All Funds
2.11%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
26
Increased
35
Reduced
37
Closed
22
Calls
$99.4M
Puts
$158M
Net Calls
-$58.7M
Net Calls Change
-$48M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$706M -$24.1M -2,535,656 -3%
BlackRock
2
BlackRock
New York
$199M +$71.1M +7,478,060 +47%
UBS AM
3
UBS AM
Illinois
$180M +$35.7M +3,762,196 +22%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$175M -$8M -841,500 -4%
Goldman Sachs
5
Goldman Sachs
New York
$169M +$80.4M +8,459,134 +75%
Baillie Gifford & Co
6
Baillie Gifford & Co
United Kingdom
$126M +$20.7M +2,174,070 +17%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$119M -$9.48M -997,604 -7%
IUHSA
8
Itau Unibanco Holding S.A.
Brazil
$81.1M +$35.5M +3,737,352 +65%
Bank of America
9
Bank of America
North Carolina
$80.5M +$85.7M +9,015,037 +2,162%
Vanguard Group
10
Vanguard Group
Pennsylvania
$76.2M -$591K -62,209 -0.7%
State Street
11
State Street
Massachusetts
$68.9M -$130K -13,662 -0.2%
JP Morgan Chase
12
JP Morgan Chase
New York
$54.6M -$14.1M -1,481,868 -19%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$43.5M +$10.2M +1,076,435 +27%
OP
14
Oldfield Partners
United Kingdom
$43.2M -$11M -1,160,200 -19%
AAMU
15
Amundi Asset Management US
Massachusetts
$29.7M -$519K -54,587 -2%
Morgan Stanley
16
Morgan Stanley
New York
$29M +$29.9M +3,147,219 +1,264%
CCM
17
Causeway Capital Management
California
$28.8M -$24.5M -2,579,796 -43%
Canada Pension Plan Investment Board
18
Canada Pension Plan Investment Board
Ontario, Canada
$28.5M +$31.7M +3,338,900 New
Renaissance Technologies
19
Renaissance Technologies
New York
$27.2M -$5.68M -597,699 -16%
Northern Trust
20
Northern Trust
Illinois
$26.7M -$1.05M -110,447 -3%
Optiver Holding
21
Optiver Holding
Netherlands
$24.7M +$27.5M +2,889,421 New
Macquarie Group
22
Macquarie Group
Australia
$23.8M
Man Group
23
Man Group
United Kingdom
$21.8M +$24.3M +2,554,852 New
BIP
24
Brandes Investment Partners
California
$15.4M +$1.36M +143,423 +8%
KL
25
KGH Ltd
Bahamas
$13.8M -$13.3M -1,404,721 -47%

PBR.A Hedge Fund Activity: Q1 2021 in Review

120 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2021, worth a combined $2.53B — down 21% from $3.21B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new PBR.A positions and 22 closed out — a net gain of 4 holders — while 35 added to existing stakes and 37 trimmed.

The largest buyer was Bank of America, adding an estimated $85.7M. The largest seller was Capital World Investors, exiting entirely with an estimated $340M sold.

  • 120 institutional investors held Petrobras Class A (PBR.A) as of Q1 2021, up from 116 in Q4 2020.
  • Funds reported $2.53B of Petrobras Class A stock for Q1 2021, down 21% quarter-over-quarter.
  • 26 funds opened new Petrobras Class A positions in Q1 2021 and 22 closed out, a net change of +4 holders.
  • The largest Petrobras Class A buyer in Q1 2021 was Bank of America, an estimated $85.7M added.
  • The largest Petrobras Class A seller in Q1 2021 was Capital World Investors, an estimated $340M sold.

Based on aggregated 13F filings for Q1 2021.