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Petrobras Class A

182 hedge funds and large institutions have $2.26B invested in Petrobras Class A in 2024 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 56 increasing their positions, 67 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

0.23% less ownership

Funds ownership: 3.63%3.4% (-0.23%)

3% less funds holding

Funds holding: 188182 (-6)

11% less capital invested

Capital invested by funds: $2.53B → $2.26B (-$268M)

16% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 67

18% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 28

42% less call options, than puts

Call options by funds: $22.8M | Put options by funds: $39.2M

Holders
182
Holders Change
-6
Holders Change %
-3.19%
% of All Funds
2.4%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.09%
New
23
Increased
56
Reduced
67
Closed
28
Calls
$22.8M
Puts
$39.2M
Net Calls
-$16.4M
Net Calls Change
-$8.66M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$343M -$20.3M -1,583,929 -5%
Robeco Institutional Asset Management
2
Robeco Institutional Asset Management
Netherlands
$263M -$2.49M -194,047 -0.9%
Arrowstreet Capital
3
Arrowstreet Capital
Massachusetts
$189M +$14.8M +1,151,650 +8%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$182M -$9.9M -771,034 -5%
IUHSA
5
Itau Unibanco Holding S.A.
Brazil
$152M +$15.8M +1,230,039 +10%
BlackRock
6
BlackRock
New York
$124M -$15.9M -1,236,368 -11%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$84.5M -$38.8M -3,022,514 -30%
Baillie Gifford & Co
8
Baillie Gifford & Co
United Kingdom
$82.5M -$2.3M -179,288 -3%
Amundi
9
Amundi
France
$78.3M -$3.52M -274,157 -4%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$77.9M -$27.5M -2,142,200 -25%
Macquarie Group
11
Macquarie Group
Australia
$73.2M
State Street
12
State Street
Massachusetts
$63.1M +$3.49M +271,920 +6%
Vanguard Group
13
Vanguard Group
Pennsylvania
$51M -$4.43M -345,006 -7%
Goldman Sachs
14
Goldman Sachs
New York
$45.6M +$40.9M +3,184,288 +480%
Renaissance Technologies
15
Renaissance Technologies
New York
$45.5M +$29.2M +2,277,700 +145%
American Century Companies
16
American Century Companies
Missouri
$31.8M +$745K +57,993 +2%
BIP
17
Brandes Investment Partners
California
$31.6M +$320K +24,893 +0.9%
Northern Trust
18
Northern Trust
Illinois
$29.1M +$13.3M +1,031,934 +73%
Grantham, Mayo, Van Otterloo & Co (GMO)
19
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$20.5M -$3.84M -298,671 -15%
Allspring Global Investments
20
Allspring Global Investments
North Carolina
$16.9M +$2.38M +185,708 +15%
RFM
21
Ranmore Fund Management
United Kingdom
$13.3M +$14.5M +1,126,000 New
Barclays
22
Barclays
United Kingdom
$13.1M +$2.8M +218,000 +24%
Schroder Investment Management Group
23
Schroder Investment Management Group
United Kingdom
$12.2M +$1.42M +110,508 +12%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$11.6M +$2.46M +191,600 +24%
CIEP
25
Constellation Investimentos e Participacoes
Brazil
$11.3M +$7.26M +565,100 +146%

PBR.A Hedge Fund Activity: Q4 2024 in Review

182 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q4 2024, worth a combined $2.26B — down 11% from $2.53B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of PBR.A and 23 opened new positions — a net loss of 5 holders — while 67 trimmed existing stakes and 56 added.

The largest buyer was Goldman Sachs, adding an estimated $40.9M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, exiting entirely with an estimated $120M sold.

  • 182 institutional investors held Petrobras Class A (PBR.A) as of Q4 2024, down from 188 in Q3 2024.
  • Funds reported $2.26B of Petrobras Class A stock for Q4 2024, down 11% quarter-over-quarter.
  • 23 funds opened new Petrobras Class A positions in Q4 2024 and 28 closed out, a net change of -5 holders.
  • The largest Petrobras Class A buyer in Q4 2024 was Goldman Sachs, an estimated $40.9M added.
  • The largest Petrobras Class A seller in Q4 2024 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $120M sold.

Based on aggregated 13F filings for Q4 2024.