Petrobras Class A
PBR.A
122 hedge funds and large institutions have $2.8B invested in Petrobras Class A in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 41 increasing their positions, 38 reducing their positions, and 15 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
0.05% less ownership
Funds ownership: 5.06% → 5.01% (-0.05%)
2% less funds holding
Funds holding: 125 → 122 (-3)
15% less capital invested
Capital invested by funds: $3.3B → $2.8B (-$498M)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
31% less call options, than puts
Call options by funds: $35.4M | Put options by funds: $51.6M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$108M |
| 2 |
Goldman Sachs
New York
|
+$59.2M |
| 3 |
Renaissance Technologies
New York
|
+$14.3M |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
+$7.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$7.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$94.8M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$37.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.2M |
| 4 |
CM
Crestline Management
Fort Worth,
Texas
|
-$25M |
| 5 |
BlackRock
New York
|
-$19.2M |
PBR.A Hedge Fund Activity: Q3 2021 in Review
122 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q3 2021, worth a combined $2.8B — down 15% from $3.3B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PBR.A and 12 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 41 added.
The largest buyer was Arrowstreet Capital, adding an estimated $108M. The largest seller was Itau Unibanco Holding S.A., cutting an estimated $94.8M.
- 122 institutional investors held Petrobras Class A (PBR.A) as of Q3 2021, down from 125 in Q2 2021.
- Funds reported $2.8B of Petrobras Class A stock for Q3 2021, down 15% quarter-over-quarter.
- 12 funds opened new Petrobras Class A positions in Q3 2021 and 15 closed out, a net change of -3 holders.
- The largest Petrobras Class A buyer in Q3 2021 was Arrowstreet Capital, an estimated $108M added.
- The largest Petrobras Class A seller in Q3 2021 was Itau Unibanco Holding S.A., an estimated $94.8M sold.
Based on aggregated 13F filings for Q3 2021.