Petrobras
PBR
545 hedge funds and large institutions have $15.4B invested in Petrobras in 2026 Q1 according to their latest regulatory filings, with 124 funds opening new positions, 198 increasing their positions, 141 reducing their positions, and 61 closing their positions.
121% more capital invested
Capital invested by funds: $6.94B → $15.4B (+$8.41B)
103% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 61
92% more funds holding in top 10
Funds holding in top 10: 13 → 25 (+12)
40% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 141
27% more call options, than puts
Call options by funds: $1.38B | Put options by funds: $1.08B
11% more funds holding
Funds holding: 489 → 545 (+56)
4.17% more ownership
Funds ownership: 15.74% → 19.92% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$599M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$457M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$239M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$226M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$218M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$105M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$104M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$81M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$78.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$76.7M |
PBR Hedge Fund Activity: Q1 2026 in Review
545 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q1 2026, worth a combined $15.4B — up 121% from $6.94B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new PBR positions and 61 closed out — a net gain of 63 holders — while 198 added to existing stakes and 141 trimmed.
The largest buyer was GQG Partners, adding an estimated $599M. The largest seller was Massachusetts Financial Services, cutting an estimated $105M.
- 545 institutional investors held Petrobras (PBR) as of Q1 2026, up from 489 in Q4 2025.
- Funds reported $15.4B of Petrobras stock for Q1 2026, up 121% quarter-over-quarter.
- 124 funds opened new Petrobras positions in Q1 2026 and 61 closed out, a net change of +63 holders.
- The largest Petrobras buyer in Q1 2026 was GQG Partners, an estimated $599M added.
- The largest Petrobras seller in Q1 2026 was Massachusetts Financial Services, an estimated $105M sold.
Based on aggregated 13F filings for Q1 2026.