Petrobras
PBR
292 hedge funds and large institutions have $7.3B invested in Petrobras in 2019 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 84 increasing their positions, 111 reducing their positions, and 46 closing their positions.
0.01% less ownership
Funds ownership: 6.79% → 6.78% (-0.01%)
5% less funds holding
Funds holding: 308 → 292 (-16)
7% less capital invested
Capital invested by funds: $7.86B → $7.3B (-$561M)
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
24% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 111
30% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 46
38% less call options, than puts
Call options by funds: $387M | Put options by funds: $629M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$73.1M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$70.8M |
| 3 |
CHP
Castle Hook Partners
New York
|
+$51.8M |
| 4 |
BlackRock
New York
|
+$47.4M |
| 5 |
Renaissance Technologies
New York
|
+$46.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$90.2M |
| 2 |
D.E. Shaw & Co
New York
|
-$72.9M |
| 3 |
JP Morgan Chase
New York
|
-$41M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$33.5M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$30.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCAG
326
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$63.6K | -4,082 | Closed |
|
|
CAW
327
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$27K | -1,766 | Closed |
|
|
ALAM
328
Asahi Life Asset Management
Tokyo,
Japan
| – | -$25K | -1,600 | Closed |
|
|
TA
329
TCG Advisors
Austin,
Texas
| – | -$13K | -874 | Closed |
|
|
DWM
330
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$8K | -500 | Closed |
|
331
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -432 | Closed |
|
|
PCP
332
Proficio Capital Partners
Newton,
Massachusetts
| – | -$2K | -111 | Closed |
|
|
W
333
WealthStone
Columbus,
Ohio
| – | -$1.51K | -97 | Closed |
|
|
SL
334
Salomon & Ludwin
Richmond,
Virginia
| – | -$1.1K | -75 | Closed |
|
|
MA
335
MCF Advisors
Covington,
Kentucky
| – | +$29 | +2 | New |
|
PBR Hedge Fund Activity: Q3 2019 in Review
292 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q3 2019, worth a combined $7.3B — down 7.1% from $7.86B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PBR and 32 opened new positions — a net loss of 14 holders — while 111 trimmed existing stakes and 84 added.
The largest buyer was UBS AM, adding an estimated $73.1M. The largest seller was Bank of America, cutting an estimated $90.2M.
- 292 institutional investors held Petrobras (PBR) as of Q3 2019, down from 308 in Q2 2019.
- Funds reported $7.3B of Petrobras stock for Q3 2019, down 7.1% quarter-over-quarter.
- 32 funds opened new Petrobras positions in Q3 2019 and 46 closed out, a net change of -14 holders.
- The largest Petrobras buyer in Q3 2019 was UBS AM, an estimated $73.1M added.
- The largest Petrobras seller in Q3 2019 was Bank of America, an estimated $90.2M sold.
Based on aggregated 13F filings for Q3 2019.