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Petrobras

335 hedge funds and large institutions have $6.38B invested in Petrobras in 2014 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 108 increasing their positions, 119 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.13% more ownership

Funds ownership: 6.39%6.52% (+0.13%)

5% less capital invested

Capital invested by funds: $6.71B → $6.38B (-$325M)

8% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 52

9% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 119

2% less funds holding

Funds holding: 341335 (-6)

7% less funds holding in top 10

Funds holding in top 10: 1514 (-1)

11% less call options, than puts

Call options by funds: $498M | Put options by funds: $559M

Holders
335
Holders Change
-6
Holders Change %
-1.76%
% of All Funds
9.68%
Holding in Top 10
14
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.67%
% of All Funds
0.4%
New
48
Increased
108
Reduced
119
Closed
52
Calls
$498M
Puts
$559M
Net Calls
-$60.8M
Net Calls Change
+$157M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
51
Royal Bank of Canada
Ontario, Canada
$19.9M -$825K -70,725 -4%
Millennium Management
52
Millennium Management
New York
$19.9M +$476K +40,787 +3%
Barclays
53
Barclays
United Kingdom
$19.3M -$26.7M -2,291,338 -61%
NAMA
54
Nikko Asset Management Americas
New York
$19.1M -$3.48M -298,200 -17%
IGIM
55
I.G. Investment Management
Manitoba, Canada
$18.2M -$4.58M -392,543 -22%
APG Asset Management
56
APG Asset Management
Netherlands
$18.1M +$350K +30,000 +2%
SFM
57
Soros Fund Management
New York
$16.2M +$14.4M +1,231,659 New
BIM
58
BlackRock Investment Management
Delaware
$15.9M +$5.06M +433,761 +56%
Renaissance Technologies
59
Renaissance Technologies
New York
$14.8M +$13.1M +1,124,603 New
CLOS
60
Compagnie Lombard Odier SCmA
Switzerland
$14.7M +$5.24M +448,950 +67%
BlackRock
61
BlackRock
New York
$14.1M +$2.87M +245,939 +30%
AIM
62
ARGA Investment Management
Connecticut
$13.3M
BA
63
Bridgewater Associates
Connecticut
$13.2M +$2.87M +245,500 +32%
Bank of Nova Scotia
64
Bank of Nova Scotia
Ontario, Canada
$13.2M -$21M -1,800,000 -64%
AllianceBernstein
65
AllianceBernstein
Tennessee
$13.1M -$3.94M -337,430 -25%
Janus Henderson Group
66
Janus Henderson Group
United Kingdom
$12M -$2.17M -186,100 -17%
Capital Fund Management (CFM)
67
Capital Fund Management (CFM)
France
$11.7M +$8.93M +764,812 +603%
Jane Street
68
Jane Street
New York
$11.6M +$9.32M +798,713 +941%
GF
69
Gabelli Funds
New York
$11.2M +$46.7K +4,000 +0.5%
IUAM
70
Itau USA Asset Management
New York
$11.1M +$6.11M +523,741 +163%
HIM
71
Hermes Investment Management
United Kingdom
$11M -$3.35M -286,666 -26%
RIM
72
RS Investment Management
California
$10.8M +$2.37M +202,763 +33%
N
73
Natixis
France
$10.2M -$5.28M -451,986 -37%
Citadel Advisors
74
Citadel Advisors
Florida
$9.79M +$46.5K +3,983 +0.5%
LBG
75
Lloyds Banking Group
United Kingdom
$9.68M -$30.3K -2,600 -0.4%

PBR Hedge Fund Activity: Q1 2014 in Review

335 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q1 2014, worth a combined $6.38B — down 4.8% from $6.71B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of PBR and 48 opened new positions — a net loss of 4 holders — while 119 trimmed existing stakes and 108 added.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $156M. The largest seller was Northern Cross, exiting entirely with an estimated $202M sold.

  • 335 institutional investors held Petrobras (PBR) as of Q1 2014, down from 341 in Q4 2013.
  • Funds reported $6.38B of Petrobras stock for Q1 2014, down 4.8% quarter-over-quarter.
  • 48 funds opened new Petrobras positions in Q1 2014 and 52 closed out, a net change of -4 holders.
  • The largest Petrobras buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $156M added.
  • The largest Petrobras seller in Q1 2014 was Northern Cross, an estimated $202M sold.

Based on aggregated 13F filings for Q1 2014.