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Petrobras Class A

184 hedge funds and large institutions have $3.07B invested in Petrobras Class A in 2024 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 64 increasing their positions, 60 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

496% more call options, than puts

Call options by funds: $75.5M | Put options by funds: $12.7M

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

5% more funds holding

Funds holding: 176184 (+8)

7% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 60

0.52% less ownership

Funds ownership: 4.54%4.02% (-0.52%)

19% less capital invested

Capital invested by funds: $3.79B → $3.07B (-$719M)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
184
Holders Change
+8
Holders Change %
+4.55%
% of All Funds
2.66%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
25
Increased
64
Reduced
60
Closed
17
Calls
$75.5M
Puts
$12.7M
Net Calls
+$62.9M
Net Calls Change
+$11.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Robeco Institutional Asset Management
1
Robeco Institutional Asset Management
Netherlands
$352M +$6.42M +431,784 +2%
JP Morgan Chase
2
JP Morgan Chase
New York
$335M -$47M -3,164,586 -11%
Arrowstreet Capital
3
Arrowstreet Capital
Massachusetts
$247M -$2.45M -164,795 -0.9%
Bank of America
4
Bank of America
North Carolina
$234M +$138M +9,303,744 +119%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$216M -$5.31M -357,144 -2%
Goldman Sachs
6
Goldman Sachs
New York
$181M -$219M -14,769,090 -53%
BlackRock
7
BlackRock
New York
$170M -$13.2M -885,913 -7%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$137M -$8.71M -586,514 -6%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$122M -$68M -4,574,355 -34%
Vanguard Group
10
Vanguard Group
Pennsylvania
$103M +$1.77M +119,314 +2%
Baillie Gifford & Co
11
Baillie Gifford & Co
United Kingdom
$100M -$396K -26,650 -0.4%
IUHSA
12
Itau Unibanco Holding S.A.
Brazil
$96.7M +$1.78M +119,779 +2%
Amundi
13
Amundi
France
$93.3M +$1.73M +116,204 +2%
Macquarie Group
14
Macquarie Group
Australia
$83M +$37.1M +2,500,000 +70%
Morgan Stanley
15
Morgan Stanley
New York
$68M +$40.4M +2,720,828 +120%
State Street
16
State Street
Massachusetts
$65M -$1.02M -68,326 -1%
CCM
17
Causeway Capital Management
California
$53.1M -$40.8M -2,747,305 -41%
BIP
18
Brandes Investment Partners
California
$31.1M +$344K +23,157 +1%
American Century Companies
19
American Century Companies
Missouri
$31M +$1.89M +127,482 +6%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$29M -$16.8M -1,131,017 -35%
KL
21
KGH Ltd
Bahamas
$18.1M
Allspring Global Investments
22
Allspring Global Investments
North Carolina
$16.9M +$2.38M +160,244 +15%
Northern Trust
23
Northern Trust
Illinois
$16.3M -$2.76M -185,530 -13%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$12.4M
Schroder Investment Management Group
25
Schroder Investment Management Group
United Kingdom
$11.9M +$330K +22,187 +3%

PBR.A Hedge Fund Activity: Q2 2024 in Review

184 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q2 2024, worth a combined $3.07B — down 19% from $3.79B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new PBR.A positions and 17 closed out — a net gain of 8 holders — while 64 added to existing stakes and 60 trimmed.

The largest buyer was Bank of America, adding an estimated $138M. The largest seller was Goldman Sachs, cutting an estimated $219M.

  • 184 institutional investors held Petrobras Class A (PBR.A) as of Q2 2024, up from 176 in Q1 2024.
  • Funds reported $3.07B of Petrobras Class A stock for Q2 2024, down 19% quarter-over-quarter.
  • 25 funds opened new Petrobras Class A positions in Q2 2024 and 17 closed out, a net change of +8 holders.
  • The largest Petrobras Class A buyer in Q2 2024 was Bank of America, an estimated $138M added.
  • The largest Petrobras Class A seller in Q2 2024 was Goldman Sachs, an estimated $219M sold.

Based on aggregated 13F filings for Q2 2024.