Petrobras
PBR
309 hedge funds and large institutions have $5.75B invested in Petrobras in 2018 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 87 increasing their positions, 103 reducing their positions, and 46 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 8 → 14 (+6)
26% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 46
3% more funds holding
Funds holding: 299 → 309 (+10)
0.14% more ownership
Funds ownership: 6.06% → 6.19% (+0.14%)
3% less call options, than puts
Call options by funds: $711M | Put options by funds: $730M
16% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 103
83% less capital invested
Capital invested by funds: $33.7B → $5.75B (-$28B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$141M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$126M |
| 3 |
JP Morgan Chase
New York
|
+$95.1M |
| 4 |
Morgan Stanley
New York
|
+$86M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$83.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$236M |
| 2 |
Goldman Sachs
New York
|
-$71.9M |
| 3 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$66.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$61.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$58.3M |
PBR Hedge Fund Activity: Q4 2018 in Review
309 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q4 2018, worth a combined $5.75B — down 83% from $33.7B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new PBR positions and 46 closed out — a net gain of 12 holders — while 87 added to existing stakes and 103 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $141M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $236M sold.
- 309 institutional investors held Petrobras (PBR) as of Q4 2018, up from 299 in Q3 2018.
- Funds reported $5.75B of Petrobras stock for Q4 2018, down 83% quarter-over-quarter.
- 58 funds opened new Petrobras positions in Q4 2018 and 46 closed out, a net change of +12 holders.
- The largest Petrobras buyer in Q4 2018 was Baillie Gifford & Co, an estimated $141M added.
- The largest Petrobras seller in Q4 2018 was Arrowstreet Capital, an estimated $236M sold.
Based on aggregated 13F filings for Q4 2018.