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Petrobras Class A

194 hedge funds and large institutions have $2.44B invested in Petrobras Class A in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 68 increasing their positions, 67 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

473% more call options, than puts

Call options by funds: $196M | Put options by funds: $34.1M

82% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 17

57% more funds holding in top 10

Funds holding in top 10: 711 (+4)

8% more capital invested

Capital invested by funds: $2.26B → $2.44B (+$188M)

7% more funds holding

Funds holding: 182194 (+12)

1% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 67

0.05% more ownership

Funds ownership: 3.4%3.45% (+0.05%)

Holders
194
Holders Change
+12
Holders Change %
+6.59%
% of All Funds
2.6%
Holding in Top 10
11
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+57.14%
% of All Funds
0.15%
New
31
Increased
68
Reduced
67
Closed
17
Calls
$196M
Puts
$34.1M
Net Calls
+$161M
Net Calls Change
+$178M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$311M -$64.4M -5,126,246 -18%
Robeco Institutional Asset Management
2
Robeco Institutional Asset Management
Netherlands
$299M +$9.94M +791,451 +4%
Massachusetts Financial Services
3
Massachusetts Financial Services
Massachusetts
$199M -$1.01M -80,560 -0.5%
Arrowstreet Capital
4
Arrowstreet Capital
Massachusetts
$173M -$33.6M -2,670,802 -17%
IUHSA
5
Itau Unibanco Holding S.A.
Brazil
$157M -$9.73M -774,139 -6%
BlackRock
6
BlackRock
New York
$146M +$9.29M +739,267 +7%
Baillie Gifford & Co
7
Baillie Gifford & Co
United Kingdom
$88.7M -$2.05M -163,169 -2%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$85.2M -$608K -48,393 -0.7%
Amundi
9
Amundi
France
$83M +$251K +19,941 +0.3%
Macquarie Group
10
Macquarie Group
Australia
$80.7M
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$73.6M -$18.8M -1,496,278 -21%
State Street
12
State Street
Massachusetts
$66.3M +$727K +57,829 +1%
Vanguard Group
13
Vanguard Group
Pennsylvania
$53.1M -$2.97M -236,534 -5%
Renaissance Technologies
14
Renaissance Technologies
New York
$50.5M +$369K +29,400 +0.8%
Goldman Sachs
15
Goldman Sachs
New York
$46.5M -$3.57M -283,893 -7%
BIP
16
Brandes Investment Partners
California
$43.8M +$8.62M +685,914 +26%
American Century Companies
17
American Century Companies
Missouri
$37.6M +$2.39M +190,085 +7%
PC
18
Packer & Co
Australia
$34.7M +$33.5M +2,663,100 New
Northern Trust
19
Northern Trust
Illinois
$24.2M -$7.51M -597,815 -24%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$21.4M -$1.21M -96,652 -6%
RFM
21
Ranmore Fund Management
United Kingdom
$19.2M +$4.37M +348,000 +31%
CCM
22
Contrarian Capital Management
Connecticut
$18.7M +$17.8M +1,420,109 +10,003%
SGDR
23
SPX Gestao de Recursos
Brazil
$16.1M +$8.2M +652,792 +112%
Millennium Management
24
Millennium Management
New York
$16M +$5.04M +400,743 +49%
SC
25
Sagil Capital
United Kingdom
$14.7M +$7.88M +627,133 +125%

PBR.A Hedge Fund Activity: Q1 2025 in Review

194 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Petrobras Class A (PBR.A) for Q1 2025, worth a combined $2.44B — up 8.3% from $2.26B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new PBR.A positions and 17 closed out — a net gain of 14 holders — while 68 added to existing stakes and 67 trimmed.

The largest buyer was Packer & Co, opening a new position worth an estimated $33.5M. The largest seller was JP Morgan Chase, cutting an estimated $64.4M.

  • 194 institutional investors held Petrobras Class A (PBR.A) as of Q1 2025, up from 182 in Q4 2024.
  • Funds reported $2.44B of Petrobras Class A stock for Q1 2025, up 8.3% quarter-over-quarter.
  • 31 funds opened new Petrobras Class A positions in Q1 2025 and 17 closed out, a net change of +14 holders.
  • The largest Petrobras Class A buyer in Q1 2025 was Packer & Co, an estimated $33.5M added.
  • The largest Petrobras Class A seller in Q1 2025 was JP Morgan Chase, an estimated $64.4M sold.

Based on aggregated 13F filings for Q1 2025.