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Petrobras

307 hedge funds and large institutions have $4.19B invested in Petrobras in 2017 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 88 increasing their positions, 98 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 30

15% more funds holding

Funds holding: 268307 (+39)

11% more capital invested

Capital invested by funds: $3.76B → $4.19B (+$430M)

0.48% more ownership

Funds ownership: 4.99%5.48% (+0.48%)

0% more funds holding in top 10

Funds holding in top 10: 1111 (0)

10% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 98

39% less call options, than puts

Call options by funds: $252M | Put options by funds: $415M

Holders
307
Holders Change
+39
Holders Change %
+14.55%
% of All Funds
6.96%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.25%
New
70
Increased
88
Reduced
98
Closed
30
Calls
$252M
Puts
$415M
Net Calls
-$164M
Net Calls Change
+$2.28M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$48.3M +$20.7M +2,027,204 +76%
PPA
27
Parametric Portfolio Associates
Washington
$45.9M +$445K +43,528 +1%
Capital International Investors
28
Capital International Investors
California
$43.6M +$246K +24,061 +0.6%
AIM
29
ARGA Investment Management
Connecticut
$43.5M -$3.53K -345 -0%
SG Americas Securities
30
SG Americas Securities
New York
$41.3M +$588K +57,568 +1%
Ameriprise
31
Ameriprise
Minnesota
$40.7M +$1.62M +158,573 +4%
Macquarie Group
32
Macquarie Group
Australia
$36.6M -$2.52M -246,375 -6%
Goldman Sachs
33
Goldman Sachs
New York
$35M +$2.4M +234,699 +7%
Two Sigma Advisers
34
Two Sigma Advisers
New York
$33.4M -$51.1M -4,995,400 -61%
Russell Investments Group
35
Russell Investments Group
United Kingdom
$30.7M -$10.5M -1,027,904 -25%
MWNA
36
Marshall Wace North America
New York
$30M -$2.53M -247,880 -8%
Morgan Stanley
37
Morgan Stanley
New York
$29.5M -$13.6M -1,334,579 -32%
CIS
38
Capital International Sarl
California
$29.1M -$15.6M -1,524,000 -35%
KL
39
KGH Ltd
Bahamas
$27.3M +$27.1M +2,653,919 New
RAM
40
RWC Asset Management
United Kingdom
$26.6M +$5.36M +524,439 +25%
GPC
41
Glen Point Capital
United Kingdom
$25.7M +$25.6M +2,500,000 New
Fidelity Investments
42
Fidelity Investments
Massachusetts
$23.7M +$10.1M +985,867 +75%
RCIM
43
Russell Clark Investment Management
United Kingdom
$23.7M -$1.92M -188,200 -8%
UIM
44
USS Investment Management
United Kingdom
$22.3M
Deutsche Bank
45
Deutsche Bank
Germany
$22.2M -$6.08M -594,580 -22%
Citadel Advisors
46
Citadel Advisors
Florida
$20.6M +$13.9M +1,358,422 +210%
TIM
47
Thornburg Investment Management
New Mexico
$20.3M -$476K -46,528 -2%
BNP Paribas Financial Markets
48
BNP Paribas Financial Markets
France
$19.9M -$11.5M -1,123,772 -37%
Invesco
49
Invesco
Georgia
$19.9M -$1.37M -133,595 -6%
CGT
50
Capital Guardian Trust
California
$19.7M -$2.27M -222,000 -10%

PBR Hedge Fund Activity: Q4 2017 in Review

307 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q4 2017, worth a combined $4.19B — up 11% from $3.76B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new PBR positions and 30 closed out — a net gain of 40 holders — while 88 added to existing stakes and 98 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $258M. The largest seller was Discovery Capital Management, cutting an estimated $73.6M.

  • 307 institutional investors held Petrobras (PBR) as of Q4 2017, up from 268 in Q3 2017.
  • Funds reported $4.19B of Petrobras stock for Q4 2017, up 11% quarter-over-quarter.
  • 70 funds opened new Petrobras positions in Q4 2017 and 30 closed out, a net change of +40 holders.
  • The largest Petrobras buyer in Q4 2017 was Capital Research Global Investors, an estimated $258M added.
  • The largest Petrobras seller in Q4 2017 was Discovery Capital Management, an estimated $73.6M sold.

Based on aggregated 13F filings for Q4 2017.